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2022-04-01

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Longeveron Shares Jumped Another 10% in Morning Trading

2022-01-05

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Dow posts closing record high for 2nd day, boosted by banks

2021-08-04

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Cramer's Mad Money Recap: Walmart, Amazon, Apple

2021-07-05

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2022-09-19

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U.S. Stocks To Watch: Sea, Take-Two, bluebird And More

2022-05-15

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How a Bitcoin Market "in Extreme Fear" Compares with the Past, and What to Expect Next

2022-03-27

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Alphabet Vs. Meta: One Is The Much Better Buy

2021-08-02

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Toplines Before US Market Open on Monday

2022-09-02

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Payrolls Rose 315,000 in August As Companies Keep up Hiring Pace

2022-07-07

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Initial Jobless Claims Come in Higher Than Expected This Week

2022-06-28

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Airline Stocks Jumped in Morning Trading

2021-08-24

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2021-07-26

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Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week

2022-11-03

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Apple's Resilience Is Unjustified - Here Is Why

2022-08-02

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Pinterest, AMD, BP and Caterpillar: U.S. Stocks To Watch

2022-04-23

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Wall St Slumps as Weak Earnings, Rate Hike Clarity Spook Investors

2022-03-05

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3 Luxury Stocks to Buy to Profit From Metaverse Mania

2022-02-28

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Palantir's Gold Bullion Bet And War With Russia

Go to Tiger App to see more news

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What to look out for! Where is the turning point? - Reiteration : MA5 and MA20; note the sloping down of both MAs with an expanding bollinger band - Reiteration : Basically means bearish with bear flags and bear rallies (aka bull traps) - Look for MA5 basing: just like previous sharing on inverse basing of MA5, ww now need to look for MA5 basing; this will coincide with a decrease in widening of bolliinger band. - Once we have basing of MA5, we will also see a consolidation of base of price action. - When that happens, whether it is bear flag or bottoming, again, MA5 and MA20 will be telling.&nbsp; - Will CPI and PPI coming week create the bull trap or just cause a dump?&nbsp; - Note super important FOMC on 22 Mar (which also comes with SEP this time) Good luck, all.","listText":"Bearish! What to look out for! Where is the turning point? - Reiteration : MA5 and MA20; note the sloping down of both MAs with an expanding bollinger band - Reiteration : Basically means bearish with bear flags and bear rallies (aka bull traps) - Look for MA5 basing: just like previous sharing on inverse basing of MA5, ww now need to look for MA5 basing; this will coincide with a decrease in widening of bolliinger band. - Once we have basing of MA5, we will also see a consolidation of base of price action. - When that happens, whether it is bear flag or bottoming, again, MA5 and MA20 will be telling.&nbsp; - Will CPI and PPI coming week create the bull trap or just cause a dump?&nbsp; - Note super important FOMC on 22 Mar (which also comes with SEP this time) Good luck, all.","text":"Bearish! What to look out for! Where is the turning point? - Reiteration : MA5 and MA20; note the sloping down of both MAs with an expanding bollinger band - Reiteration : Basically means bearish with bear flags and bear rallies (aka bull traps) - Look for MA5 basing: just like previous sharing on inverse basing of MA5, ww now need to look for MA5 basing; this will coincide with a decrease in widening of bolliinger band. - Once we have basing of MA5, we will also see a consolidation of base of price action. - When that happens, whether it is bear flag or bottoming, again, MA5 and MA20 will be telling. - Will CPI and PPI coming week create the bull trap or just cause a dump? - Note super important FOMC on 22 Mar (which also comes with SEP this time) Good luck, all.","images":[{"img":"https://community-static.tradeup.com/news/1c4fef96224ceea37153d3f31282bde3","width":"1280","height":"665"}],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949660534","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957207255,"gmtCreate":1677252431177,"gmtModify":1677252434004,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a><v-v data-views=\"1\"></v-v>M Buy","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a><v-v data-views=\"1\"></v-v>M Buy","text":"$Microsoft(MSFT)$ M Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957207255","isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957015105,"gmtCreate":1676768801508,"gmtModify":1676768807150,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957015105","repostId":"2312223917","repostType":4,"repost":{"id":"2312223917","kind":"highlight","pubTimestamp":1676687967,"share":"https://ttm.financial/m/news/2312223917?lang=&edition=fundamental","pubTime":"2023-02-18 10:39","market":"us","language":"en","title":"A Bull Market Is Coming: 2 Perfect Growth Stocks Down 60% and 68% to Buy Now and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2312223917","media":"Motley Fool","summary":"These stocks hold strong competitive positions in quickly growing markets.","content":"<html><head></head><body><p>Investors battled a particularly brutal stock market last year. In fact, the three major U.S. financial indexes delivered their worst annual performances since the Great Recession in 2008. The <b>Dow Jones Industrial Average</b> slipped 9%, the broad-based <b>S&amp;P 500</b> fell 19%, and the tech-heavy <b>Nasdaq Composite </b>nosedived 33%.</p><p>All three indexes have recovered to some degree this year, but the benchmark S&amp;P 500 is still in a bear market, and many growth stocks are still trading well below their highs. For instance, shares of <b>Atlassian</b> and <b>Cloudflare</b> are down around 60% and 68%, respectively.</p><p>Of course, not all beaten-down stocks are worth buying -- but Atlassian and Cloudflare are well positioned to rebound during the next bull market. Here&#39;s why now is a perfect time to buy these growth stocks.</p><h2>Atlassian: A leader in productivity and team collaboration software</h2><p>Australian software company Atlassian disappointed investors with its latest earnings report. In the second quarter of fiscal 2023 (ended Dec. 31, 2022): Revenue rose just 27% to $873 million, a material deceleration from 37% growth in the prior year, and free cash flow fell 24% to $146 million. Unfortunately, management expects the situation to deteriorate further as the company continues to battle economic headwinds. Guidance implies top-line growth of just 22% in the third quarter.</p><p>The near-term picture may not be pretty, but Atlassian can reaccelerate growth when economic conditions improve. Its software products improve business productivity by facilitating collaboration and streamlining workflows across different teams. That value proposition applies to virtually any industry, and it will only become relevant as digital transformation ushers in new technologies and remote work makes collaboration more complicated.</p><p>Atlassian has a somewhat unique go-to-market strategy. It leans heavily on self-service sales channels and word-of-mouth marketing, which keeps its sales and marketing costs low. Ultimately, that means Atlassian can invest more in product development than its peers, and that advantage has helped the company achieve a strong presence in several software verticals. Last year, Atlassian was recognized as a leader in IT service management and enterprise agile planning software by consulting company <b>Gartner</b>. Better yet, it currently ranks 12th on the list of best global software sellers, according to research company G2.</p><p>That success can be attributed to the broad scope of the its platform. Atlassian is the only work management software vendor that addresses the needs of technical teams (development, operations) and non-technical teams (marketing, human resources). Atlassian also brings IT service teams onto the same platform as software teams.</p><p>Those unique qualities give the company a material advantage for two reasons. First, Atlassian&#39;s broad utility means customers can standardize on a single platform, which eliminates the hassle of working with multiple vendors. Second, Atlassian can land new customers through almost any department, then expand across the entire business.</p><p>Management puts its addressable market at $29 billion, and that figure is growing at 14% annually. Atlassian is well positioned to capitalize on that opportunity, and shares currently trade at about 14 times sales, a discount to the three-year average of 28 times sales. At that price, investors should buy a small position in this growth stock today.</p><h2>2. Cloudflare: A leader in content delivery network software</h2><p>Cloud computing company Cloudflare turned in another solid financial report in the fourth quarter. Its customer count climbed 16% to about 162,000, while the average customer spent 22% more over the past year. In turn, fourth-quarter revenue rose 42% to $275 million and cash flow from operating activities soared 92% to $78 million.</p><p>Those results are particularly impressive in the context of a difficult economic climate, and the company could likely accelerate growth under more favorable conditions.</p><p>Looking ahead, the investment thesis is straightforward: Cloudflare provides a broad range of cloud services that improve the performance and security of business-critical applications and IT infrastructure, while eliminating the cost of on-premise network hardware. Despite tough competition from larger vendors like <b>Amazon</b> Web Services, Cloudflare has a strong presence in several cloud verticals, and the company is well positioned to take market share in others.</p><p>Why? Cloudflare benefits from two key advantages: speed and scale. It operates the fastest cloud network and developer platform on the planet. That has led to leadership in content delivery network software and edge development platforms, but speed coupled with freemium pricing has also led to mind-boggling scale. Cloudflare handles nearly 18%  of all internet traffic, and it provides security services to 20% of the web, both of which afford the company unrivaled insight into performance issues and security problems across the internet. Cloudflare can use that data to improve its products, creating a network effect that should help it gain momentum in other cloud verticals, especially zero-trust security.</p><p>On that note, <b>Forrester Research</b> recently recognized Cloudflare as the leader in web application firewalls, and Gartner recognized the company as a leader in web application and API protection. So Cloudflare is making inroads in the security space, but the company has still only scratched the surface of its $125 billion addressable market. With shares trading at around 23 times sales, a bargain compared to the three-year average of 42 times sales, this stock is worth buying today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Bull Market Is Coming: 2 Perfect Growth Stocks Down 60% and 68% to Buy Now and Hold Forever</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\">\nA Bull Market Is Coming: 2 Perfect Growth Stocks Down 60% and 68% to Buy Now and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-18 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/02/17/bull-market-coming-2-growth-stocks-down-68-to-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors battled a particularly brutal stock market last year. In fact, the three major U.S. financial indexes delivered their worst annual performances since the Great Recession in 2008. The Dow ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/17/bull-market-coming-2-growth-stocks-down-68-to-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TEAM":"Atlassian Corporation PLC","NET":"Cloudflare, Inc."},"source_url":"https://www.fool.com/investing/2023/02/17/bull-market-coming-2-growth-stocks-down-68-to-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2312223917","content_text":"Investors battled a particularly brutal stock market last year. In fact, the three major U.S. financial indexes delivered their worst annual performances since the Great Recession in 2008. The Dow Jones Industrial Average slipped 9%, the broad-based S&P 500 fell 19%, and the tech-heavy Nasdaq Composite nosedived 33%.All three indexes have recovered to some degree this year, but the benchmark S&P 500 is still in a bear market, and many growth stocks are still trading well below their highs. For instance, shares of Atlassian and Cloudflare are down around 60% and 68%, respectively.Of course, not all beaten-down stocks are worth buying -- but Atlassian and Cloudflare are well positioned to rebound during the next bull market. Here's why now is a perfect time to buy these growth stocks.Atlassian: A leader in productivity and team collaboration softwareAustralian software company Atlassian disappointed investors with its latest earnings report. In the second quarter of fiscal 2023 (ended Dec. 31, 2022): Revenue rose just 27% to $873 million, a material deceleration from 37% growth in the prior year, and free cash flow fell 24% to $146 million. Unfortunately, management expects the situation to deteriorate further as the company continues to battle economic headwinds. Guidance implies top-line growth of just 22% in the third quarter.The near-term picture may not be pretty, but Atlassian can reaccelerate growth when economic conditions improve. Its software products improve business productivity by facilitating collaboration and streamlining workflows across different teams. That value proposition applies to virtually any industry, and it will only become relevant as digital transformation ushers in new technologies and remote work makes collaboration more complicated.Atlassian has a somewhat unique go-to-market strategy. It leans heavily on self-service sales channels and word-of-mouth marketing, which keeps its sales and marketing costs low. Ultimately, that means Atlassian can invest more in product development than its peers, and that advantage has helped the company achieve a strong presence in several software verticals. Last year, Atlassian was recognized as a leader in IT service management and enterprise agile planning software by consulting company Gartner. Better yet, it currently ranks 12th on the list of best global software sellers, according to research company G2.That success can be attributed to the broad scope of the its platform. Atlassian is the only work management software vendor that addresses the needs of technical teams (development, operations) and non-technical teams (marketing, human resources). Atlassian also brings IT service teams onto the same platform as software teams.Those unique qualities give the company a material advantage for two reasons. First, Atlassian's broad utility means customers can standardize on a single platform, which eliminates the hassle of working with multiple vendors. Second, Atlassian can land new customers through almost any department, then expand across the entire business.Management puts its addressable market at $29 billion, and that figure is growing at 14% annually. Atlassian is well positioned to capitalize on that opportunity, and shares currently trade at about 14 times sales, a discount to the three-year average of 28 times sales. At that price, investors should buy a small position in this growth stock today.2. Cloudflare: A leader in content delivery network softwareCloud computing company Cloudflare turned in another solid financial report in the fourth quarter. Its customer count climbed 16% to about 162,000, while the average customer spent 22% more over the past year. In turn, fourth-quarter revenue rose 42% to $275 million and cash flow from operating activities soared 92% to $78 million.Those results are particularly impressive in the context of a difficult economic climate, and the company could likely accelerate growth under more favorable conditions.Looking ahead, the investment thesis is straightforward: Cloudflare provides a broad range of cloud services that improve the performance and security of business-critical applications and IT infrastructure, while eliminating the cost of on-premise network hardware. Despite tough competition from larger vendors like Amazon Web Services, Cloudflare has a strong presence in several cloud verticals, and the company is well positioned to take market share in others.Why? Cloudflare benefits from two key advantages: speed and scale. It operates the fastest cloud network and developer platform on the planet. That has led to leadership in content delivery network software and edge development platforms, but speed coupled with freemium pricing has also led to mind-boggling scale. Cloudflare handles nearly 18%  of all internet traffic, and it provides security services to 20% of the web, both of which afford the company unrivaled insight into performance issues and security problems across the internet. Cloudflare can use that data to improve its products, creating a network effect that should help it gain momentum in other cloud verticals, especially zero-trust security.On that note, Forrester Research recently recognized Cloudflare as the leader in web application firewalls, and Gartner recognized the company as a leader in web application and API protection. So Cloudflare is making inroads in the security space, but the company has still only scratched the surface of its $125 billion addressable market. With shares trading at around 23 times sales, a bargain compared to the three-year average of 42 times sales, this stock is worth buying today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954732722,"gmtCreate":1676621549367,"gmtModify":1676621553510,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"Very good","listText":"Very good","text":"Very good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954732722","repostId":"9954732977","repostType":1,"repost":{"id":9954732977,"gmtCreate":1676620769399,"gmtModify":1676621280028,"author":{"id":"4098946491644790","authorId":"4098946491644790","name":"0QH","avatar":"https://community-static.tradeup.com/news/206a0719b8841030e1fd2bd6256fd46e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098946491644790","idStr":"4098946491644790"},"themes":[],"htmlText":"what are the worst trading noise?&nbsp; The worst trading noise can be a sudden and unexpected event that causes a significant and rapid change in market prices. These events can be difficult to predict and can result in substantial losses for traders and investors. Some examples of the worst trading noise include: Black Swan events: These are rare and unpredictable events that have a severe impact on financial markets, such as the 9/11 terrorist attacks or the 2008 financial crisis. Black Swan events can cause sudden and extreme market fluctuations that can be difficult to anticipate or prepare for. News-related events: News events, such as earnings reports, economic data releases, or political developments, can cause significant price movements in financial markets. Traders who react imp","listText":"what are the worst trading noise?&nbsp; The worst trading noise can be a sudden and unexpected event that causes a significant and rapid change in market prices. These events can be difficult to predict and can result in substantial losses for traders and investors. Some examples of the worst trading noise include: Black Swan events: These are rare and unpredictable events that have a severe impact on financial markets, such as the 9/11 terrorist attacks or the 2008 financial crisis. Black Swan events can cause sudden and extreme market fluctuations that can be difficult to anticipate or prepare for. News-related events: News events, such as earnings reports, economic data releases, or political developments, can cause significant price movements in financial markets. Traders who react imp","text":"what are the worst trading noise? The worst trading noise can be a sudden and unexpected event that causes a significant and rapid change in market prices. These events can be difficult to predict and can result in substantial losses for traders and investors. Some examples of the worst trading noise include: Black Swan events: These are rare and unpredictable events that have a severe impact on financial markets, such as the 9/11 terrorist attacks or the 2008 financial crisis. Black Swan events can cause sudden and extreme market fluctuations that can be difficult to anticipate or prepare for. News-related events: News events, such as earnings reports, economic data releases, or political developments, can cause significant price movements in financial markets. Traders who react imp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954732977","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954412010,"gmtCreate":1676543262131,"gmtModify":1676543265894,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954412010","repostId":"1165230234","repostType":4,"repost":{"id":"1165230234","kind":"news","pubTimestamp":1676541135,"share":"https://ttm.financial/m/news/1165230234?lang=&edition=fundamental","pubTime":"2023-02-16 17:52","market":"us","language":"en","title":"Europe Stocks Rose While U.S. Stock Futures Were Steady As Traders Embraced Risk-On Mood","url":"https://stock-news.laohu8.com/highlight/detail?id=1165230234","media":"Bloomberg","summary":"European stocks rose as investors responded to strong earnings and showed an appetite for riskier as","content":"<html><head></head><body><p>European stocks rose as investors responded to strong earnings and showed an appetite for riskier assets. US equity futures were steady, while the dollar slipped.</p><p>Europe’s Stoxx 600 Index climbed for a fourth day, with media and telecoms stocks leading the gains. Standard Chartered Plc rose as the emerging-markets focused lender announced a buyback and forecast higher returns. Pernod Ricard SA jumped after the French spirits company’s results comfortably beat expectations and it announced a buyback of its own. British Gas owner Centrica Plc rallied after its record profit.</p><p>Contracts for the S&amp;P 500 and Nasdaq 100 rose less than 0.1% after the two US benchmarks advanced on Wednesday. Shopify Inc. dropped as much as 9.7% in premarket trading after the cloud-based commerce platform’s first-quarter revenue forecast was weaker than expected. Cisco Systems Inc. gained after the communications equipment company raised its full-year forecast</p><p>The greenback fell against all G-10 currencies while the yen strengthened. Treasuries rose, with the benchmark 10-year yield slipping after increasing by six basis points on Wednesday.</p><p>Stock investors have taken comfort from upbeat earnings reports and evidence of resilience in the economy combined with signs that inflation, even if it remains too high, is at least receding. After US retail sales in January jumped by the most in almost two years and homebuilder sentiment rose in February, jobless claims and producer inflation figures due later Thursday will provide the latest readings for Federal Reserve policymakers deciding on the path of rate hikes.</p><p>“Once again, equity markets are managing to pick and choose strands of data and narrative which support the predilection for bullishness,” said James Athey, investment director at Abrdn.</p><p>UBS Global Wealth Management strategists said that although they expect an inflection point in monetary policy, inflation and market sentiment in 2023, it’s still too early to forecast a dovish pivot from the Fed. Chief Investment Officer Mark Haefele wrote in a note that “certain measures of inflation are moving in the wrong direction,” while a strong labor market is adding to concerns that wage growth will remain very high.</p><p>The rally in risk assets helped propel higher some of the most speculative corners of the market. A Goldman Sachs Group Inc. benchmark of non-profitable tech companies rose 4.4% and is up almost 30% this year. Bitcoin rose further after jumping 8.7% Wednesday, the most in three months, to reach the highest level since August.</p><p>“Everybody is trying to figure out whether this is going to be a once-in-a-lifetime soft landing or if it’s just taking longer before we get a panic recession,” Jerry Braakman, chief investment officer of First American Trust, said in an interview. “That’s why you’re seeing a lot of divergence between bulls and bears.”</p><p>Oil advanced as investors assessed more evidence of higher energy demand in China and broader markets gained with a risk-on tone.</p><p>In Turkey, the main equities benchmark reversed its post-quake losses in a little more than a day, less than the amount of time it took for the big slump to occur, thanks to government measures to support the stock market.</p><p>In other corporate news, Adani Group is in talks with potential investors about a bond offering, according to people familiar with the matter.</p><p>Key events:</p><ul><li>US jobless claims, Australia unemployment, Cleveland Fed President Loretta Mester speaks at Global Interdependence Center event Thursday</li><li>France CPI, Russia GDP Friday</li></ul><p>Some of the main moves in markets:</p><p>Stocks</p><ul><li>The Stoxx Europe 600 rose 0.5% as of 9:39 a.m. London time</li><li>S&amp;P 500 futures were little changed</li><li>Nasdaq 100 futures were little changed</li><li>Futures on the Dow Jones Industrial Average were little changed</li><li>The MSCI Asia Pacific Index rose 0.8%</li><li>The MSCI Emerging Markets Index rose 0.6%</li></ul><p>Currencies</p><ul><li>The Bloomberg Dollar Spot Index was little changed</li><li>The euro was little changed at $1.0694</li><li>The Japanese yen rose 0.2% to 133.92 per dollar</li><li>The offshore yuan was little changed at 6.8673 per dollar</li><li>The British pound rose 0.1% to $1.2045</li></ul><p>Cryptocurrencies</p><ul><li>Bitcoin rose 1.8% to $24,621.82</li><li>Ether rose 1.2% to $1,685.75</li></ul><p>Bonds</p><ul><li>The yield on 10-year Treasuries declined three basis points to 3.77%</li><li>Germany’s 10-year yield declined two basis points to 2.46%</li><li>Britain’s 10-year yield declined two basis points to 3.47%</li></ul><p>Commodities</p><ul><li>Brent crude rose 0.1% to $85.50 a barrel</li><li>Spot gold was little changed</li></ul><p>Volatility</p><ul><li>VIX rose 1.15% to 18.44</li></ul><ul><li>VIXmain slid 0.25% to 20.00</li></ul></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Europe Stocks Rose While U.S. Stock Futures Were Steady As Traders Embraced Risk-On Mood</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\">\nEurope Stocks Rose While U.S. Stock Futures Were Steady As Traders Embraced Risk-On Mood\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-16 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-15/asia-stocks-to-rise-as-wall-street-turns-bullish-markets-wrap?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>European stocks rose as investors responded to strong earnings and showed an appetite for riskier assets. US equity futures were steady, while the dollar slipped.Europe’s Stoxx 600 Index climbed for a...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-15/asia-stocks-to-rise-as-wall-street-turns-bullish-markets-wrap?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-15/asia-stocks-to-rise-as-wall-street-turns-bullish-markets-wrap?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165230234","content_text":"European stocks rose as investors responded to strong earnings and showed an appetite for riskier assets. US equity futures were steady, while the dollar slipped.Europe’s Stoxx 600 Index climbed for a fourth day, with media and telecoms stocks leading the gains. Standard Chartered Plc rose as the emerging-markets focused lender announced a buyback and forecast higher returns. Pernod Ricard SA jumped after the French spirits company’s results comfortably beat expectations and it announced a buyback of its own. British Gas owner Centrica Plc rallied after its record profit.Contracts for the S&P 500 and Nasdaq 100 rose less than 0.1% after the two US benchmarks advanced on Wednesday. Shopify Inc. dropped as much as 9.7% in premarket trading after the cloud-based commerce platform’s first-quarter revenue forecast was weaker than expected. Cisco Systems Inc. gained after the communications equipment company raised its full-year forecastThe greenback fell against all G-10 currencies while the yen strengthened. Treasuries rose, with the benchmark 10-year yield slipping after increasing by six basis points on Wednesday.Stock investors have taken comfort from upbeat earnings reports and evidence of resilience in the economy combined with signs that inflation, even if it remains too high, is at least receding. After US retail sales in January jumped by the most in almost two years and homebuilder sentiment rose in February, jobless claims and producer inflation figures due later Thursday will provide the latest readings for Federal Reserve policymakers deciding on the path of rate hikes.“Once again, equity markets are managing to pick and choose strands of data and narrative which support the predilection for bullishness,” said James Athey, investment director at Abrdn.UBS Global Wealth Management strategists said that although they expect an inflection point in monetary policy, inflation and market sentiment in 2023, it’s still too early to forecast a dovish pivot from the Fed. Chief Investment Officer Mark Haefele wrote in a note that “certain measures of inflation are moving in the wrong direction,” while a strong labor market is adding to concerns that wage growth will remain very high.The rally in risk assets helped propel higher some of the most speculative corners of the market. A Goldman Sachs Group Inc. benchmark of non-profitable tech companies rose 4.4% and is up almost 30% this year. Bitcoin rose further after jumping 8.7% Wednesday, the most in three months, to reach the highest level since August.“Everybody is trying to figure out whether this is going to be a once-in-a-lifetime soft landing or if it’s just taking longer before we get a panic recession,” Jerry Braakman, chief investment officer of First American Trust, said in an interview. “That’s why you’re seeing a lot of divergence between bulls and bears.”Oil advanced as investors assessed more evidence of higher energy demand in China and broader markets gained with a risk-on tone.In Turkey, the main equities benchmark reversed its post-quake losses in a little more than a day, less than the amount of time it took for the big slump to occur, thanks to government measures to support the stock market.In other corporate news, Adani Group is in talks with potential investors about a bond offering, according to people familiar with the matter.Key events:US jobless claims, Australia unemployment, Cleveland Fed President Loretta Mester speaks at Global Interdependence Center event ThursdayFrance CPI, Russia GDP FridaySome of the main moves in markets:StocksThe Stoxx Europe 600 rose 0.5% as of 9:39 a.m. London timeS&P 500 futures were little changedNasdaq 100 futures were little changedFutures on the Dow Jones Industrial Average were little changedThe MSCI Asia Pacific Index rose 0.8%The MSCI Emerging Markets Index rose 0.6%CurrenciesThe Bloomberg Dollar Spot Index was little changedThe euro was little changed at $1.0694The Japanese yen rose 0.2% to 133.92 per dollarThe offshore yuan was little changed at 6.8673 per dollarThe British pound rose 0.1% to $1.2045CryptocurrenciesBitcoin rose 1.8% to $24,621.82Ether rose 1.2% to $1,685.75BondsThe yield on 10-year Treasuries declined three basis points to 3.77%Germany’s 10-year yield declined two basis points to 2.46%Britain’s 10-year yield declined two basis points to 3.47%CommoditiesBrent crude rose 0.1% to $85.50 a barrelSpot gold was little changedVolatilityVIX rose 1.15% to 18.44VIXmain slid 0.25% to 20.00","news_type":1},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925585759,"gmtCreate":1672066726772,"gmtModify":1676538629178,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9925585759","repostId":"2294500706","repostType":4,"repost":{"id":"2294500706","kind":"highlight","pubTimestamp":1672068803,"share":"https://ttm.financial/m/news/2294500706?lang=&edition=fundamental","pubTime":"2022-12-26 23:33","market":"us","language":"en","title":"3 Spectacular Growth Stocks to Put in Your Stocking in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2294500706","media":"Motley Fool","summary":"The holiday season is here and these three stocks looked poised to pop.","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>Macroeconomic headwinds may be sapping investors&#39; holiday spirit.</li><li>However, a slew of stocks are on sale, which could make the holidays -- and the coming year -- a little bit brighter.</li><li>Alphabet, Toast, and Sea Limited have valuations not seen in years.</li></ul><p>After a year like no other, the holiday season is upon us. The combination of rising interest rates, high inflation, and the bear market no doubt has some shareholders thinking &#34;bah, humbug.&#34;</p><p>Seasoned investors, however, are filled with the joy of the season, remembering that the downturn in stock prices has resulted in some amazing holiday deals. Many are busy putting pen to paper and making holiday wish lists of their favorite high-growth stocks selling at bargain basement prices.</p><p>Here&#39;s a list of three stocks that investors should consider as stocking stuffers this year.</p><h2><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a></h2><p>The first remarkable growth stock investors should put in their stocking in 2022 is <b>Alphabet</b>. The tech giant boasts several industry-leading businesses, including internet search engine Google, cloud computing platform Google Cloud, and streaming video platform YouTube. Businesses have been reining in spending and advertising revenue has taken a hit, but Alphabet&#39;s competitive advantages should put the stock at the top of your gift list.</p><p>The foundation for Alphabet&#39;s success is the company&#39;s dominant internet search. Google commands roughly 92% of the worldwide search engine market, and its share hasn&#39;t wavered much in years. The company&#39;s near-monopoly in search underpins its digital advertising business -- another industry it dominates -- controlling 29% of global digital ad spending last year.</p><p>Google was quick to recognize the vast potential of YouTube&#39;s short-form videos, and its foresight has been amply rewarded. YouTube is the No. 1 video streaming platform worldwide, with about 2.6 billion viewers visiting the platform every month, according to Global Media Insight. Alphabet is always on the hunt for ways to boost that revenue, so YouTube should continue to be a long-term winner.</p><p>Then there&#39;s Google Cloud, which is the third-largest cloud infrastructure provider, with 9% of the worldwide market according to Canalys. The digital transformation has only just begun to take shape, so Google is well positioned to expand its share in this lucrative market for many years to come.</p><p>Finally, at less than 4 times next year&#39;s sales, Alphabet stock hasn&#39;t been this cheap in nearly a decade.</p><h2><a href=\"https://laohu8.com/S/TOST\">Toast</a></h2><p>The second jaw-dropping growth stock that should be at the top of every investor&#39;s holiday shopping list is <b>Toast</b>. While it isn&#39;t a household name like Alphabet, Toast is quickly becoming an indispensable technology provider to the restaurant industry. Most eateries suffer with a hodgepodge of hardware and software systems to take orders, process payments, schedule staff, process digital food orders and deliveries, and order inventory. Toast does all that and more, with a cloud-based, software-as-a-service (SaaS) platform that consolidates these tasks in one place using a single, integrated system.</p><p>Restaurant owners and managers get improved efficiency and lower turnover. Customers get improved service, which results in increased sales and higher tips for employees -- which is truly a win-win-win.</p><p>In just 15 short months since its IPO, Toast has made a splash, moving quickly to consolidate a fragmented industry, yet still serves less than 9% of the roughly 860,000 restaurant locations in the U.S., providing a long runway for growth.</p><p>For the first nine months of 2022, Toast&#39;s revenue grew 65% year over year and is on track to surpass $1 billion in annual recurring revenue over the next few quarters. Management recently raised its outlook, noting it hadn&#39;t seen any pullback in demand. The company is also expected to reach profitability in 2023, well ahead of schedule.</p><p>Co-founders Stephen Fredette, Jonathan Grimm, and Aman Narang are all still at the helm, currently serving as president, chief technology officer, and chief operating officer, respectively -- and are heavily invested in Toast&#39;s success. The trio own 86 million shares of Toast stock (and 25% of the voting control), a combined stake valued at $1.54 billion. Investors should take heart that the founders have a vested interest in the company&#39;s success.</p><p>Finally, at just over 2 times next year&#39;s sales, Toast is selling for a song, particularly considering the significant opportunity that remains.</p><h2><a href=\"https://laohu8.com/S/SE\">Sea Limited</a></h2><p>The third and final stunning growth stock for your stocking is <b>Sea Limited</b>. Despite mounting losses over the past couple of years, this was in service of expanding its ecosystem of three interconnected businesses with room to run over the long term.</p><p>Garena, the company&#39;s digital entertainment segment, is driven by its blockbuster mobile videogame <i>Free Fire</i>. While adoption of the game has slowed from its lockdown-induced growth spurt, it remains one of the most downloaded mobile games in the world, fueling Sea Limited&#39;s other business segments.</p><p>Shopee, the company&#39;s e-commerce segment, continues to generate enviable growth that is outpacing the industry, with third-quarter revenue of $1.9 billion, up 32%, or 39% in constant currency. This was driven by gross merchandise volume (GMV) of $19.1 billion, up 14%, but even that doesn&#39;t tell the whole story. Core marketplace revenue grew 54%, while value-added services increased 20%. This seems to dispel the rumor that e-commerce is dead.</p><p>Sea Limited&#39;s smallest, but perhaps most promising, segment is Sea Money, its fintech business. Revenue of $327 million grew 147% year over year, fueled by its mobile wallet and credit businesses.</p><p>Management has recently been laser-focused on profitability, making great strides, as evidenced by a 45% quarter-over-quarter improvement in adjusted EBITDA, excluding one-time charges.</p><p>This ecosystem of businesses should continue to grow for some time to come. Furthermore, the stock is selling at just 2 times next year&#39;s sales, the cheapest price-to-sales ratio in Sea Limited&#39;s history.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Spectacular Growth Stocks to Put in Your Stocking in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Spectacular Growth Stocks to Put in Your Stocking in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/25/3-spectacular-growth-stocks-to-put-in-your-stockin/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMacroeconomic headwinds may be sapping investors' holiday spirit.However, a slew of stocks are on sale, which could make the holidays -- and the coming year -- a little bit brighter.Alphabet...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/25/3-spectacular-growth-stocks-to-put-in-your-stockin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","SE":"Sea Ltd","TOST":"Toast, Inc.","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2022/12/25/3-spectacular-growth-stocks-to-put-in-your-stockin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2294500706","content_text":"KEY POINTSMacroeconomic headwinds may be sapping investors' holiday spirit.However, a slew of stocks are on sale, which could make the holidays -- and the coming year -- a little bit brighter.Alphabet, Toast, and Sea Limited have valuations not seen in years.After a year like no other, the holiday season is upon us. The combination of rising interest rates, high inflation, and the bear market no doubt has some shareholders thinking \"bah, humbug.\"Seasoned investors, however, are filled with the joy of the season, remembering that the downturn in stock prices has resulted in some amazing holiday deals. Many are busy putting pen to paper and making holiday wish lists of their favorite high-growth stocks selling at bargain basement prices.Here's a list of three stocks that investors should consider as stocking stuffers this year.AlphabetThe first remarkable growth stock investors should put in their stocking in 2022 is Alphabet. The tech giant boasts several industry-leading businesses, including internet search engine Google, cloud computing platform Google Cloud, and streaming video platform YouTube. Businesses have been reining in spending and advertising revenue has taken a hit, but Alphabet's competitive advantages should put the stock at the top of your gift list.The foundation for Alphabet's success is the company's dominant internet search. Google commands roughly 92% of the worldwide search engine market, and its share hasn't wavered much in years. The company's near-monopoly in search underpins its digital advertising business -- another industry it dominates -- controlling 29% of global digital ad spending last year.Google was quick to recognize the vast potential of YouTube's short-form videos, and its foresight has been amply rewarded. YouTube is the No. 1 video streaming platform worldwide, with about 2.6 billion viewers visiting the platform every month, according to Global Media Insight. Alphabet is always on the hunt for ways to boost that revenue, so YouTube should continue to be a long-term winner.Then there's Google Cloud, which is the third-largest cloud infrastructure provider, with 9% of the worldwide market according to Canalys. The digital transformation has only just begun to take shape, so Google is well positioned to expand its share in this lucrative market for many years to come.Finally, at less than 4 times next year's sales, Alphabet stock hasn't been this cheap in nearly a decade.ToastThe second jaw-dropping growth stock that should be at the top of every investor's holiday shopping list is Toast. While it isn't a household name like Alphabet, Toast is quickly becoming an indispensable technology provider to the restaurant industry. Most eateries suffer with a hodgepodge of hardware and software systems to take orders, process payments, schedule staff, process digital food orders and deliveries, and order inventory. Toast does all that and more, with a cloud-based, software-as-a-service (SaaS) platform that consolidates these tasks in one place using a single, integrated system.Restaurant owners and managers get improved efficiency and lower turnover. Customers get improved service, which results in increased sales and higher tips for employees -- which is truly a win-win-win.In just 15 short months since its IPO, Toast has made a splash, moving quickly to consolidate a fragmented industry, yet still serves less than 9% of the roughly 860,000 restaurant locations in the U.S., providing a long runway for growth.For the first nine months of 2022, Toast's revenue grew 65% year over year and is on track to surpass $1 billion in annual recurring revenue over the next few quarters. Management recently raised its outlook, noting it hadn't seen any pullback in demand. The company is also expected to reach profitability in 2023, well ahead of schedule.Co-founders Stephen Fredette, Jonathan Grimm, and Aman Narang are all still at the helm, currently serving as president, chief technology officer, and chief operating officer, respectively -- and are heavily invested in Toast's success. The trio own 86 million shares of Toast stock (and 25% of the voting control), a combined stake valued at $1.54 billion. Investors should take heart that the founders have a vested interest in the company's success.Finally, at just over 2 times next year's sales, Toast is selling for a song, particularly considering the significant opportunity that remains.Sea LimitedThe third and final stunning growth stock for your stocking is Sea Limited. Despite mounting losses over the past couple of years, this was in service of expanding its ecosystem of three interconnected businesses with room to run over the long term.Garena, the company's digital entertainment segment, is driven by its blockbuster mobile videogame Free Fire. While adoption of the game has slowed from its lockdown-induced growth spurt, it remains one of the most downloaded mobile games in the world, fueling Sea Limited's other business segments.Shopee, the company's e-commerce segment, continues to generate enviable growth that is outpacing the industry, with third-quarter revenue of $1.9 billion, up 32%, or 39% in constant currency. This was driven by gross merchandise volume (GMV) of $19.1 billion, up 14%, but even that doesn't tell the whole story. Core marketplace revenue grew 54%, while value-added services increased 20%. This seems to dispel the rumor that e-commerce is dead.Sea Limited's smallest, but perhaps most promising, segment is Sea Money, its fintech business. Revenue of $327 million grew 147% year over year, fueled by its mobile wallet and credit businesses.Management has recently been laser-focused on profitability, making great strides, as evidenced by a 45% quarter-over-quarter improvement in adjusted EBITDA, excluding one-time charges.This ecosystem of businesses should continue to grow for some time to come. Furthermore, the stock is selling at just 2 times next year's sales, the cheapest price-to-sales ratio in Sea Limited's history.","news_type":1},"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925051025,"gmtCreate":1671881547668,"gmtModify":1676538606706,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v 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10:22","market":"us","language":"en","title":"Apple Is Good, Even Better If Owned Via Berkshire Hathaway","url":"https://stock-news.laohu8.com/highlight/detail?id=1125714153","media":"Seeking Alpha","summary":"SummaryI kept telling my readers buying/adding Apple near or below 20x owners' earnings is a no brai","content":"<html><head></head><body><h3>Summary</h3><ul><li>I kept telling my readers buying/adding Apple near or below 20x owners&#39; earnings is a no brainer (i.e., a ~$145 price under current conditions).</li><li>In this article, I will explain a way to backdoor Apple through Berkshire Hathaway.</li><li>I will explain why owning Apple shares via Berkshire is even more attractive under their current conditions.</li><li>This way, you get to own Apple with an effective “ownership”PE in the range of ~12x to free depending on how you value Berkshires’ operating earnings.</li><li>This idea was discussed in more depth with members of my private investing community, Envision Early Retirement.</li></ul><h3>Q3 recap and investment thesis</h3><p>My last article on <a href=\"https://laohu8.com/S/AAPL\">Apple</a> and Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) is co-produced with Sensor Unlimited and published about a month ago in early November. That article argued that share repurchases at both AAPL and BRK are far more potent when considered together than viewed separately. Such “double buybacks” are compounding on steroids in our view.</p><p>In this article, we want to switch the focus entirely. We will argue A) why buying/adding AAPL around its current price (which translates to about 20x owners&#39; earnings) is a no-brainer, and B) why owning AAPL via BRK is an even better idea.</p><p>Both AAPL and BRK have posted strong Q3 earnings. The key results are shown in the two charts below, and I will dive into the highlights as we go. These strong results, when combined with the price corrections during Q3 due to (or thanks to) market volatilities, investors have some great opportunities to buy or add these perpetual compounders at enticing entry valuations.</p><p>For AAPL, its TTM EPS as of Q3 2022 (i.e., its FY Q4) came in at $6.11 per share as you can see from the first chart below. Later, you will see that such accounting EPS underestimates its owners&#39; earnings (“OE”), and its OE is around $7.18, which translates into a share price near ~$145 at a 20x OE multiple. And I kept telling my readers buying/adding stock like AAPL near or below 20x OE is a no-brainer. Stocks like AAPL (or BRK) are quintessential examples of equity bonds as explained in my earlier article because:</p><p>To me, any valuation near or below 20x OE is very attractive for a stock with ROCE (return on capital employed) near 100% like AAPL. At about 100% ROCE, a 5% investment rate would provide 5% organic real growth rates (i.e., before inflation adjustments). And a 20x OE would provide about 5% owners earnings yield, leading to a total return in the double digits. Once you adjust for the risks (and I consider the risks from AAPL similar to treasury bonds), a 10%+ annual return is ~3x of what you can get from bonds in the long term.</p><p>In this article, I will focus on an alternative way to own AAPL, a sort of backdoor, through BRK. And I will explain why owning AAPL this way is even more attractive under current conditions. And this brings me to the financials of BRK, as shown in the second chart in this section.</p><p><img src=\"https://static.tigerbbs.com/f61e045c67f643b98ba432f7f5f77739\" tg-width=\"640\" tg-height=\"585\" width=\"100%\" height=\"auto\"/>BRK reported strong operating results for Q3 also and is on pace for a solid 2022. Operating earnings per share, which excludes capital gains and losses from the investment portfolio, clocked in at $3.00 in Q3, translating into an annual growth rate of almost 20% YOY. This was particularly impressive considering that its insurance segment suffered higher-than-usual operations losses due to hurricane Ida, Ian, and also the floods in Europe. The remainder of this analysis also will involve its balance sheet, which is posted below. And a couple of highlights relevant to the subsequent analyses:</p><ul><li>All my following per-share numbers for BRK (e.g., OE, equity, cash, et al) are quoted per Berkshire Hathaway B share, not A shares. Given that the focus here is on the financial (not voting power), the analysis should be perfectly applicable for A shares.</li><li>Its equivalent Class B shares outstanding is taken to be 2.2B shares according to its most recent 10-K filing. The market value of its equity investment portfolio is taken from dataroma. And as of this writing, the portfolio value is reported to be $296.1B, slightly below the $306B shown in its 10-K below due to market fluctuations since the filing.</li></ul><p>With these parameters, let’s dive in and see how we can own AAPL through BRK at an effective PE of ~12x or below.</p><h3><img src=\"https://static.tigerbbs.com/744119f29d38279a1a7fad8febbe605e\" tg-width=\"640\" tg-height=\"401\" width=\"100%\" height=\"auto\"/>AAPL’s EPS and OE</h3><p>Since we are analyzing AAPL and BRK, it&#39;s only fitting to start with a quote from Warren Buffett on the difference between accounting EPS and owners&#39; earnings (“OE”). The following is taken from Berkshire Hathaway&#39;s 1986 annual report (slightly edited with emphases added by me):</p><p>These represent (“a”) reported earnings plus (“b”) depreciation, depletion, amortization, and certain other non-cash charges...less (“c”) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (“c”) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the &#39;cash flow&#39; numbers that are often set forth in Wall Street reports. These numbers routinely include (“a”) plus (“b”) - but do not subtract (“c”).</p><p>The key is to estimate item c, and my analysis of item c for AAPL is shown in the table below. This table is based off Bruce Greenwald’s method (detailed in his book Value Investing) to separate maintenance capex and growth capex. Readers interested in the details could find them in my earlier article or his book.</p><p>To wit, AAPL’s TTM accounting EPS came in at $6.11 per share as aforementioned. However, its OE is about $7.18 per share, about 18% higher. The reason for this higher OE is the accounting EPS considered all CAPEX to be a cost, while only the maintenance capex should be considered as costs as Buffett explained above. In AAPL’s case, the discrepancy should be obvious as its accounting EPS is even lower than its FCF (free cash flow) by about 13%, and then even the FCF is an underestimate of the true OE (again because the FCF calculation also considered all the capex expenses to costs). The third column in the table shows my forecast for the next year. And as you can see, the OE for Apple in the next year is projected to be $7.33 per share.</p><p>All told, Apple&#39;s accounting PE is about 23x, a number all AAPL investors must be very familiar with. However, once you consider its OE, then the multiple is actually on the order of 20x for this year and slightly below 20x on an FW basis.</p><p>Then finally, remember that Apple also carries a net cash position on its balance sheet (about $2.27 per share under its current conditions). Once you adjust the cash position too, its OE PE is on the order of 19.9x for this year and only 19.5x for next year.</p><p>And in the next section, we will see how we can do even better through BRK.</p><h3><img src=\"https://static.tigerbbs.com/c3ac6ab756c4503f2a547af66444cff4\" tg-width=\"640\" tg-height=\"344\" width=\"100%\" height=\"auto\"/>Backdoor AAPL via BRK</h3><p>As mentioned earlier, the market value of BRK’s equity investment portfolio (based on dataroma) is at $296.1B As of this writing. AAPL is the largest position and is valued at $123.6B. So BRK’s equity investment excluding AAPL is worth about $173B, or $77 per share. The market capitalization for BRK is about $701B ($315 share price). Then also recall from its balance sheet, we know that there is $109 billion worth of cash sitting on its ledger.</p><p>Putting all these above numbers together, we can show that:</p><p>If we take out all the other equity investments except AAPL and the cash, BRK’s adjusted market cap is $420B (or $189 per share). This means if we buy BRK shares at $315 and then liquidate the cash and all other equity investments except AAPL, we effectively paid $189 for each BRK share only.</p><p>Why does this $189 buy us then? First, we bought all the AAPL shares that BRK owns. As of this writing, BRK owns a total of 894.8 million shares of AAPL, translating into 0.40 AAPL shares contained per BRK share. BRK has been consistently buying back its own shares. And I project this trend to continue. Extrapolating its share repurchase from the previous quarters, the AAPL shares contained in each BRK share would increase to 0.41 next year as shown.</p><p>Second, we also bought all the BRK operating segments too, which is what we will examine next.</p><h3><img src=\"https://static.tigerbbs.com/16462afe4efe010fb29b16d41385f15a\" tg-width=\"640\" tg-height=\"181\" width=\"100%\" height=\"auto\"/>AAPL’s ownership PE via BRK</h3><p>BRK is projected to earn $12.9 per share of operating income in 2022, although 2022 may not be the most representative year. My best estimate for its normalized operating income is about $12 per share (or $26.7B in total), which is the assumption that I used in the analysis shown in the following table.</p><p><img src=\"https://static.tigerbbs.com/4af9da2b8625409ae4723445ce6a9c94\" tg-width=\"640\" tg-height=\"159\" width=\"100%\" height=\"auto\"/>Now just as established above, if we buy BRK shares at $315, we are effectively buying 0.40 AAPL shares (or 0.41 on an FW basis) and all the BRK operating segments for $189. The BRK operating segments would provide earnings of $12 per share as assumed above, and the 0.4 AAPL shares would provide an OE of $2.88 (=0.40*$7.18). Thus, we paid $189 and got a total of $14.88 per share of OE ($12 from BRK operations plus $2.88 from AAPL). On an FW basis, the earnings would further increase to $15.13 per share due to a combination of AAPL earnings growth and BRK’s share repurchases as discussed above.</p><p>Now, how you compute the PE multiple here depends on how you value BRK’s operating income. The last row of the table shows an aggregated average, a sort of effective &#34;ownership&#34; PE of AAPL and BRK together, which turned out to be 12.7x based on 2022 financials and 12.1x on an FW basis.</p><p>If BRK’s operating income is priced at a 15x multiple – a quite reasonable multiple in my view, then BRK’s operating income would be worth $180 per share. Hence, we would be paying only $9 ($189-$12*15) for the 0.4 AAPL share, which provides $2.88 of OE. This means we would be owning the AAPL shares at a PE of about 3.1x only.</p><h3>Risks and final thoughts</h3><p>Specific risks for AAPL or BRK have been thoroughly discussed in other SA articles (including some of our own), and I won’t further add them here. Here I will focus on the risks and limitations associated with the particular backdoor idea described in this article.</p><ul><li>BRK’s cash position. In this analysis, I assumed that you could liquidate all the cash on its ledger. But of course, a good part of the cash is insurance float and cannot be liquidated (at least cannot be entirely liquidated). But there also are good reasons behind the approach that I used – at least as a thought experiment to analyze the financials and valuation. After all, cash is cash. If you buy BRK completely, every $1 in the insurance float still counts as $1.</li><li>Worth of BRK’s equity portfolio. The market valuation of BRK’s equity portfolio is always a moving target and changes on a daily basis with the market volatilities. Hence, there is some uncertainty here too. As aforementioned, the current portfolio value of $296.1B is already below the $306B disclosed in its 10-K back in September.</li></ul><p>Nonetheless, it’s always better to be approximately right than precisely wrong. And the bigger picture I see here are:</p><ul><li>Owning a perpetual compounder like AAPL near or below 20x OE is a no-brainer to me. And under Apple’s current conditions, with the cash position and underestimation of accounting EPS adjusted, a ~$145 stock price should translate into a 20x OE or below.</li><li>The discrepancy between accounting PE and OE PE is even larger than BRK. And once these discrepancies are corrected, we can own Apple shares with an effective “ownership” PE through BRK at heavy discounts. The exact discounts depend on how your value BRK’s operating income, which can lead to an ownership PE of AAPL in the range of ~12x to free based on my analyses.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Is Good, Even Better If Owned Via Berkshire Hathaway</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\">\nApple Is Good, Even Better If Owned Via Berkshire Hathaway\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-06 10:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562427-apple-is-good-even-better-if-owned-via-berkshire-hathaway><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI kept telling my readers buying/adding Apple near or below 20x owners' earnings is a no brainer (i.e., a ~$145 price under current conditions).In this article, I will explain a way to backdoor...</p>\n\n<a href=\"https://seekingalpha.com/article/4562427-apple-is-good-even-better-if-owned-via-berkshire-hathaway\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4562427-apple-is-good-even-better-if-owned-via-berkshire-hathaway","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125714153","content_text":"SummaryI kept telling my readers buying/adding Apple near or below 20x owners' earnings is a no brainer (i.e., a ~$145 price under current conditions).In this article, I will explain a way to backdoor Apple through Berkshire Hathaway.I will explain why owning Apple shares via Berkshire is even more attractive under their current conditions.This way, you get to own Apple with an effective “ownership”PE in the range of ~12x to free depending on how you value Berkshires’ operating earnings.This idea was discussed in more depth with members of my private investing community, Envision Early Retirement.Q3 recap and investment thesisMy last article on Apple and Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) is co-produced with Sensor Unlimited and published about a month ago in early November. That article argued that share repurchases at both AAPL and BRK are far more potent when considered together than viewed separately. Such “double buybacks” are compounding on steroids in our view.In this article, we want to switch the focus entirely. We will argue A) why buying/adding AAPL around its current price (which translates to about 20x owners' earnings) is a no-brainer, and B) why owning AAPL via BRK is an even better idea.Both AAPL and BRK have posted strong Q3 earnings. The key results are shown in the two charts below, and I will dive into the highlights as we go. These strong results, when combined with the price corrections during Q3 due to (or thanks to) market volatilities, investors have some great opportunities to buy or add these perpetual compounders at enticing entry valuations.For AAPL, its TTM EPS as of Q3 2022 (i.e., its FY Q4) came in at $6.11 per share as you can see from the first chart below. Later, you will see that such accounting EPS underestimates its owners' earnings (“OE”), and its OE is around $7.18, which translates into a share price near ~$145 at a 20x OE multiple. And I kept telling my readers buying/adding stock like AAPL near or below 20x OE is a no-brainer. Stocks like AAPL (or BRK) are quintessential examples of equity bonds as explained in my earlier article because:To me, any valuation near or below 20x OE is very attractive for a stock with ROCE (return on capital employed) near 100% like AAPL. At about 100% ROCE, a 5% investment rate would provide 5% organic real growth rates (i.e., before inflation adjustments). And a 20x OE would provide about 5% owners earnings yield, leading to a total return in the double digits. Once you adjust for the risks (and I consider the risks from AAPL similar to treasury bonds), a 10%+ annual return is ~3x of what you can get from bonds in the long term.In this article, I will focus on an alternative way to own AAPL, a sort of backdoor, through BRK. And I will explain why owning AAPL this way is even more attractive under current conditions. And this brings me to the financials of BRK, as shown in the second chart in this section.BRK reported strong operating results for Q3 also and is on pace for a solid 2022. Operating earnings per share, which excludes capital gains and losses from the investment portfolio, clocked in at $3.00 in Q3, translating into an annual growth rate of almost 20% YOY. This was particularly impressive considering that its insurance segment suffered higher-than-usual operations losses due to hurricane Ida, Ian, and also the floods in Europe. The remainder of this analysis also will involve its balance sheet, which is posted below. And a couple of highlights relevant to the subsequent analyses:All my following per-share numbers for BRK (e.g., OE, equity, cash, et al) are quoted per Berkshire Hathaway B share, not A shares. Given that the focus here is on the financial (not voting power), the analysis should be perfectly applicable for A shares.Its equivalent Class B shares outstanding is taken to be 2.2B shares according to its most recent 10-K filing. The market value of its equity investment portfolio is taken from dataroma. And as of this writing, the portfolio value is reported to be $296.1B, slightly below the $306B shown in its 10-K below due to market fluctuations since the filing.With these parameters, let’s dive in and see how we can own AAPL through BRK at an effective PE of ~12x or below.AAPL’s EPS and OESince we are analyzing AAPL and BRK, it's only fitting to start with a quote from Warren Buffett on the difference between accounting EPS and owners' earnings (“OE”). The following is taken from Berkshire Hathaway's 1986 annual report (slightly edited with emphases added by me):These represent (“a”) reported earnings plus (“b”) depreciation, depletion, amortization, and certain other non-cash charges...less (“c”) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (“c”) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (“a”) plus (“b”) - but do not subtract (“c”).The key is to estimate item c, and my analysis of item c for AAPL is shown in the table below. This table is based off Bruce Greenwald’s method (detailed in his book Value Investing) to separate maintenance capex and growth capex. Readers interested in the details could find them in my earlier article or his book.To wit, AAPL’s TTM accounting EPS came in at $6.11 per share as aforementioned. However, its OE is about $7.18 per share, about 18% higher. The reason for this higher OE is the accounting EPS considered all CAPEX to be a cost, while only the maintenance capex should be considered as costs as Buffett explained above. In AAPL’s case, the discrepancy should be obvious as its accounting EPS is even lower than its FCF (free cash flow) by about 13%, and then even the FCF is an underestimate of the true OE (again because the FCF calculation also considered all the capex expenses to costs). The third column in the table shows my forecast for the next year. And as you can see, the OE for Apple in the next year is projected to be $7.33 per share.All told, Apple's accounting PE is about 23x, a number all AAPL investors must be very familiar with. However, once you consider its OE, then the multiple is actually on the order of 20x for this year and slightly below 20x on an FW basis.Then finally, remember that Apple also carries a net cash position on its balance sheet (about $2.27 per share under its current conditions). Once you adjust the cash position too, its OE PE is on the order of 19.9x for this year and only 19.5x for next year.And in the next section, we will see how we can do even better through BRK.Backdoor AAPL via BRKAs mentioned earlier, the market value of BRK’s equity investment portfolio (based on dataroma) is at $296.1B As of this writing. AAPL is the largest position and is valued at $123.6B. So BRK’s equity investment excluding AAPL is worth about $173B, or $77 per share. The market capitalization for BRK is about $701B ($315 share price). Then also recall from its balance sheet, we know that there is $109 billion worth of cash sitting on its ledger.Putting all these above numbers together, we can show that:If we take out all the other equity investments except AAPL and the cash, BRK’s adjusted market cap is $420B (or $189 per share). This means if we buy BRK shares at $315 and then liquidate the cash and all other equity investments except AAPL, we effectively paid $189 for each BRK share only.Why does this $189 buy us then? First, we bought all the AAPL shares that BRK owns. As of this writing, BRK owns a total of 894.8 million shares of AAPL, translating into 0.40 AAPL shares contained per BRK share. BRK has been consistently buying back its own shares. And I project this trend to continue. Extrapolating its share repurchase from the previous quarters, the AAPL shares contained in each BRK share would increase to 0.41 next year as shown.Second, we also bought all the BRK operating segments too, which is what we will examine next.AAPL’s ownership PE via BRKBRK is projected to earn $12.9 per share of operating income in 2022, although 2022 may not be the most representative year. My best estimate for its normalized operating income is about $12 per share (or $26.7B in total), which is the assumption that I used in the analysis shown in the following table.Now just as established above, if we buy BRK shares at $315, we are effectively buying 0.40 AAPL shares (or 0.41 on an FW basis) and all the BRK operating segments for $189. The BRK operating segments would provide earnings of $12 per share as assumed above, and the 0.4 AAPL shares would provide an OE of $2.88 (=0.40*$7.18). Thus, we paid $189 and got a total of $14.88 per share of OE ($12 from BRK operations plus $2.88 from AAPL). On an FW basis, the earnings would further increase to $15.13 per share due to a combination of AAPL earnings growth and BRK’s share repurchases as discussed above.Now, how you compute the PE multiple here depends on how you value BRK’s operating income. The last row of the table shows an aggregated average, a sort of effective \"ownership\" PE of AAPL and BRK together, which turned out to be 12.7x based on 2022 financials and 12.1x on an FW basis.If BRK’s operating income is priced at a 15x multiple – a quite reasonable multiple in my view, then BRK’s operating income would be worth $180 per share. Hence, we would be paying only $9 ($189-$12*15) for the 0.4 AAPL share, which provides $2.88 of OE. This means we would be owning the AAPL shares at a PE of about 3.1x only.Risks and final thoughtsSpecific risks for AAPL or BRK have been thoroughly discussed in other SA articles (including some of our own), and I won’t further add them here. Here I will focus on the risks and limitations associated with the particular backdoor idea described in this article.BRK’s cash position. In this analysis, I assumed that you could liquidate all the cash on its ledger. But of course, a good part of the cash is insurance float and cannot be liquidated (at least cannot be entirely liquidated). But there also are good reasons behind the approach that I used – at least as a thought experiment to analyze the financials and valuation. After all, cash is cash. If you buy BRK completely, every $1 in the insurance float still counts as $1.Worth of BRK’s equity portfolio. The market valuation of BRK’s equity portfolio is always a moving target and changes on a daily basis with the market volatilities. Hence, there is some uncertainty here too. As aforementioned, the current portfolio value of $296.1B is already below the $306B disclosed in its 10-K back in September.Nonetheless, it’s always better to be approximately right than precisely wrong. And the bigger picture I see here are:Owning a perpetual compounder like AAPL near or below 20x OE is a no-brainer to me. And under Apple’s current conditions, with the cash position and underestimation of accounting EPS adjusted, a ~$145 stock price should translate into a 20x OE or below.The discrepancy between accounting PE and OE PE is even larger than BRK. And once these discrepancies are corrected, we can own Apple shares with an effective “ownership” PE through BRK at heavy discounts. The exact discounts depend on how your value BRK’s operating income, which can lead to an ownership PE of AAPL in the range of ~12x to free based on my analyses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967695459,"gmtCreate":1670307473671,"gmtModify":1676538341510,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/7d7b7dad182e26e4acc3b86f968a9ee9","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967695459","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9964222350,"gmtCreate":1670163845971,"gmtModify":1676538312305,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586770271918953","idStr":"3586770271918953"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/4d72051eedea36ca37d870b822a937fa","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964222350","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9011328347,"gmtCreate":1648820666675,"gmtModify":1676534404678,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011328347","repostId":"1126755850","repostType":4,"repost":{"id":"1126755850","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1648820604,"share":"https://ttm.financial/m/news/1126755850?lang=&edition=fundamental","pubTime":"2022-04-01 21:43","market":"us","language":"en","title":"Longeveron Shares Jumped Another 10% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1126755850","media":"Tiger Newspress","summary":"Longeveron shares jumped another 10% in morning trading. The stock soared 105% yesterday.Clinical-st","content":"<html><head></head><body><p>Longeveron shares jumped another 10% in morning trading. The stock soared 105% yesterday.</p><p><img src=\"https://static.tigerbbs.com/e44df14a79c1ec35971eceed38c635d7\" tg-width=\"843\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>Clinical-stage biotech announcingthe peer-reviewed publication of results from a Phase 1 trial for its Alzheimer’s disease candidate in Lomecel-B on Thursday.</p><p>The data were published in the Journal of the Alzheimer’s Association with the title “Results and Insights from a Phase 1 Clinical Trial of Lomecel-B for Alzheimer’s disease,” the company said.</p><p>Lomecel-B, Longeveron’s (LGVN) lead candidate, is a cell-based therapy product derived from the bone marrow of young, healthy adult donors.</p><p>The 33-patient Phase 1 trial, designed to evaluate its effect in patients with mild Alzheimer’s disease, had previously met the primary endpoint indicating it was well-tolerated among patients.</p><p>“We are pleased and encouraged by the publication of our study in this high-impact journal,” Chief Executive Geoff Green noted.</p><p>In January, Longeveron (LGVN) announced the initiation of Phase 2a clinical trial for the candidate in Alzheimer’s.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" 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}\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\">\nLongeveron Shares Jumped Another 10% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-01 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Longeveron shares jumped another 10% in morning trading. The stock soared 105% yesterday.</p><p><img src=\"https://static.tigerbbs.com/e44df14a79c1ec35971eceed38c635d7\" tg-width=\"843\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>Clinical-stage biotech announcingthe peer-reviewed publication of results from a Phase 1 trial for its Alzheimer’s disease candidate in Lomecel-B on Thursday.</p><p>The data were published in the Journal of the Alzheimer’s Association with the title “Results and Insights from a Phase 1 Clinical Trial of Lomecel-B for Alzheimer’s disease,” the company said.</p><p>Lomecel-B, Longeveron’s (LGVN) lead candidate, is a cell-based therapy product derived from the bone marrow of young, healthy adult donors.</p><p>The 33-patient Phase 1 trial, designed to evaluate its effect in patients with mild Alzheimer’s disease, had previously met the primary endpoint indicating it was well-tolerated among patients.</p><p>“We are pleased and encouraged by the publication of our study in this high-impact journal,” Chief Executive Geoff Green noted.</p><p>In January, Longeveron (LGVN) announced the initiation of Phase 2a clinical trial for the candidate in Alzheimer’s.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LGVN":"Longeveron Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126755850","content_text":"Longeveron shares jumped another 10% in morning trading. The stock soared 105% yesterday.Clinical-stage biotech announcingthe peer-reviewed publication of results from a Phase 1 trial for its Alzheimer’s disease candidate in Lomecel-B on Thursday.The data were published in the Journal of the Alzheimer’s Association with the title “Results and Insights from a Phase 1 Clinical Trial of Lomecel-B for Alzheimer’s disease,” the company said.Lomecel-B, Longeveron’s (LGVN) lead candidate, is a cell-based therapy product derived from the bone marrow of young, healthy adult donors.The 33-patient Phase 1 trial, designed to evaluate its effect in patients with mild Alzheimer’s disease, had previously met the primary endpoint indicating it was well-tolerated among patients.“We are pleased and encouraged by the publication of our study in this high-impact journal,” Chief Executive Geoff Green noted.In January, Longeveron (LGVN) announced the initiation of Phase 2a clinical trial for the candidate in Alzheimer’s.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008961095,"gmtCreate":1641348286357,"gmtModify":1676533603625,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008961095","repostId":"2201418283","repostType":4,"repost":{"id":"2201418283","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1641336421,"share":"https://ttm.financial/m/news/2201418283?lang=&edition=fundamental","pubTime":"2022-01-05 06:47","market":"us","language":"en","title":"Dow posts closing record high for 2nd day, boosted by banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2201418283","media":"Reuters","summary":"* Financial sector registers all-time closing high* Ford, GM shares rise as electric truck battle heats up* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%NEW YORK, Jan 4 (Reuters) - The Do","content":"<html><head></head><body><p>* Financial sector registers all-time closing high</p><p>* Ford, GM shares rise as electric truck battle heats up</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 down 0.06%, Nasdaq down 1.3%</p><p>NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.</p><p>The S&amp;P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.</p><p>Economically sensitive energy, financials and industrials were the leading sectors in the S&amp;P 500, with financials eking out an all-time closing high.</p><p>Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.</p><p>Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.</p><p>The S&amp;P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.</p><p>Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.</p><p>Investors are &#34;going to punish growth stocks with high valuations,&#34; said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.</p><p>&#34;This is a time when defensive stocks and value stocks are likely to outperform.&#34;</p><p>The S&amp;P 500 value index jumped 1%, while the S&amp;P 500 growth index fell 1%.</p><p>The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&amp;P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.</p><p>The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.</p><p>Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.</p><p>Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.</p><p>Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.</p><p>General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow posts closing record high for 2nd day, boosted by banks</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; 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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\">\nDow posts closing record high for 2nd day, boosted by banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-05 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financial sector registers all-time closing high</p><p>* Ford, GM shares rise as electric truck battle heats up</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 down 0.06%, Nasdaq down 1.3%</p><p>NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.</p><p>The S&amp;P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.</p><p>Economically sensitive energy, financials and industrials were the leading sectors in the S&amp;P 500, with financials eking out an all-time closing high.</p><p>Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.</p><p>Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.</p><p>The S&amp;P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.</p><p>Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.</p><p>Investors are &#34;going to punish growth stocks with high valuations,&#34; said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.</p><p>&#34;This is a time when defensive stocks and value stocks are likely to outperform.&#34;</p><p>The S&amp;P 500 value index jumped 1%, while the S&amp;P 500 growth index fell 1%.</p><p>The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&amp;P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.</p><p>The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.</p><p>Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.</p><p>Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.</p><p>Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.</p><p>General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","GM":"通用汽车","F":"福特汽车","BK4527":"明星科技股","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLA":"特斯拉","BK4099":"汽车制造商"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201418283","content_text":"* Financial sector registers all-time closing high* Ford, GM shares rise as electric truck battle heats up* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.The S&P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.Economically sensitive energy, financials and industrials were the leading sectors in the S&P 500, with financials eking out an all-time closing high.Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.The S&P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.Investors are \"going to punish growth stocks with high valuations,\" said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.\"This is a time when defensive stocks and value stocks are likely to outperform.\"The S&P 500 value index jumped 1%, while the S&P 500 growth index fell 1%.The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.The S&P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890014481,"gmtCreate":1628066440543,"gmtModify":1703500575096,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/890014481","repostId":"1113741712","repostType":4,"repost":{"id":"1113741712","kind":"news","pubTimestamp":1628065968,"share":"https://ttm.financial/m/news/1113741712?lang=&edition=fundamental","pubTime":"2021-08-04 16:32","market":"us","language":"en","title":"Cramer's Mad Money Recap: Walmart, Amazon, Apple","url":"https://stock-news.laohu8.com/highlight/detail?id=1113741712","media":"The Street","summary":"As COVID re-emerges, Jim Cramer says it's time to look at companies that flourish in an economy that","content":"<blockquote>\n As COVID re-emerges, Jim Cramer says it's time to look at companies that flourish in an economy that might get worse before it gets better.\n</blockquote>\n<p>As the COVID Delta variant continues to keep America on the run, Jim Cramer told his Mad Money viewers Tuesday it's time to dust off the Spring 2020 playbook and start investing in the pseudo-lockdown stocks. What's a pseudo-lockdown stock? It's the type of company that flourishes in a \"worse before it gets better\" economy.</p>\n<p>In retail, that means investing in WATCH, Cramer's acronym for Walmart&nbsp;(<b>WMT</b>), Amazon&nbsp;(<b>AMZN</b>), <a href=\"https://laohu8.com/S/TGT\">Target</a>&nbsp;(<b>TGT</b>), <a href=\"https://laohu8.com/S/COST\">Costco</a>&nbsp;(<b>COST</b>)&nbsp;and <a href=\"https://laohu8.com/S/HD\">Home Depot</a>&nbsp;(<b>HD</b>). All of these retailers have navigated the pandemic with flying colors and are the ones consumers trust most.</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> should also be looking at UPS(<b>UPS</b>)&nbsp;and <a href=\"https://laohu8.com/S/FDX\">FedEx</a>(<b>FDX</b>), with the latter being Cramer's favorite of the pair.</p>\n<p>When it comes to clothing and apparel, <a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a>&nbsp;(<b>LULU</b>), <a href=\"https://laohu8.com/S/RL\">Ralph Lauren</a>&nbsp;(<b>RL</b>)&nbsp;and <a href=\"https://laohu8.com/S/NKE\">Nike</a>&nbsp;(<b>NKE</b>)&nbsp;were among Cramer's favorites. Shares of Ralph Lauren rose 6.1% by the close Tuesday.</p>\n<p>Other standouts included Domino's Pizza&nbsp;(<b>DPZ</b>), which just reported another blowout quarter, along with <a href=\"https://laohu8.com/S/AAPL\">Apple</a>&nbsp;(<b>AAPL</b>), an Action Alerts PLUS holding, and the newly-minted Robinhood&nbsp;(<b>HOOD</b>), which saw a bounce after its weaker-than-expected IPO.</p>\n<p>Cramer and the AAP team are looking at everything from earnings and politics to the Federal Reserve.Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.</p>\n<p><b>Executive Decision: <a href=\"https://laohu8.com/S/CLX\">Clorox</a></b></p>\n<p>In the \"Executive Decision\" segment, Cramer welcomed back Linda Rendle, CEO of Clorox Co.&nbsp;(<b>CLX</b>) , the consumer products maker which plunged 9.4% after the company reported a massive top- and bottom-line miss amid rising costs and wavering demand as our economy struggles to contain the Delta variant.</p>\n<p>Rendle said after record quarters last year, Clorox expected to see sales moderate. Looking at the year however, all four of the company's segments posted double-digit sales growth and even with recent declines are still significantly above pre-pandemic levels.</p>\n<p>Clorox is emerging from the pandemic stronger than when it went in, Rendle added. The company has invested heavily into digital channels and has learned a lot about the new behaviors and desires of consumers. Clorox also remains committed to its dividend and to shareholders, Rendle added, even during these volatile times.</p>\n<p>Cramer said the next quarter will be a pivotal <a href=\"https://laohu8.com/S/AONE.U\">one</a> for Clorox, <a href=\"https://laohu8.com/S/AONE.U\">one</a> where we will learn what post-pandemic sales will truly look like.</p>\n<p><b>The IPO Issue</b></p>\n<p>There are a lot of things to worry about in the market, but what worries Cramer most isn't the Delta variant, or <a href=\"https://laohu8.com/S/CAAS\">China</a>, or the looming debt ceiling crisis. What worries him most are IPOs.</p>\n<p>When new shares hit the stock market, it puts pressure on everything. So far this year we've seen 304 IPOs totaling $105 billion. That puts 2021 on par for a record year... with five months still to go. And these IPO numbers don't even take into account over 300 deals that came public via SPAC.</p>\n<p>IPO fatigue is rapidly approaching, Cramer warned, with some deals already being canceled or delayed. The high point was Didi Global&nbsp;(<b>DIDI</b>) , which found itself banned from Chinese app stores just a day after the company went public here in the U.S.</p>\n<p>IPOs have always been tilted in favor of investors, Cramer explained, and are designed to always see a first-day surge. But lately, your first day of trading is a coin toss, Cramer said, and the days that follow are anyone's guess. Even the much-hyped Robinhood&nbsp;(<b>HOOD</b>)&nbsp;couldn't break free of the downward IPO spiral.</p>\n<p>Fortunately, the deal flow appears to be finally slowing down a bit, Cramer concluded, and not a moment too soon.</p>\n<p><b>Off the Charts</b></p>\n<p>In his \"Off The Charts\" segment, Cramer checked in with colleague Tom DeMark for another take on where the markets are likely to head next. According to DeMark, things are not looking good.</p>\n<p>DeMark first looked at a daily chart of the S&amp;P 500, noting that this rally is rapidly running out of steam after making 12 new highs. According to DeMark's 13-day sell countdown, if the S&amp;P closes above 4,430 Wednesday, the rally is over.</p>\n<p>The same pattern can be seen in the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 100 index, which is also on day 12 of the 13-day cycle. If both indices make another high tomorrow, completing the cycle, things could get very ugly.</p>\n<p>Even the Dow Jones Industrial Average isn't immune, with DeMark picking up a widening fan pattern of higher highs and lower lows that is eerily similar to that seen ahead of the crash in 1929.</p>\n<p>For those who think cryptocurrency might be immune, think again. DeMark also didn't like the chart of Bitcoin, noting that the recent bottom wasn't accompanied by any significant bad news to confirm the move.</p>\n<p><b>Great Companies Shake Things Up</b></p>\n<p>In his No-Huddle Offense segment, Cramer said that while good companies are typically risk averse and rarely change, great companies aren't afraid to shake things up. Case in point, today's news that PepsiCo&nbsp;&nbsp;(<b>PEP</b>)&nbsp;is spinning off Tropicana and Naked Beverages for $3.3 billion.</p>\n<p>Tropicana, while still an iconic brand, is beginning to fall out of favor with younger consumers who prefer drinks with less sugar. Cramer said spinning off these brands are what PepsiCo does, cutting loose slowing brands to double-down on its fastest-growing brands. That's how you grow earnings.</p>\n<p>Other great companies, according to Cramer, include <a href=\"https://laohu8.com/S/MKC\">McCormick</a>&nbsp;(<b>MKC</b>), <a href=\"https://laohu8.com/S/HRL\">Hormel</a>&nbsp;(<b>HRL</b>)&nbsp;and <a href=\"https://laohu8.com/S/STZ\">Constellation</a> Brands&nbsp;(<b>STZ</b>), all of which are constantly reshuffling their product portfolio, often making difficult decisions to reinvigorate growth.</p>\n<p><b>Lightning Round</b></p>\n<p>Here's what Jim Cramer had to say about some of the stocks that callers offered up during the Mad Money Lightning Round Tuesday evening:</p>\n<p><a href=\"https://laohu8.com/S/MKSI\">MKS Instruments</a>&nbsp;(<b>MKSI</b>): \"I don't understand why this stock is so cheap.\"</p>\n<p><a href=\"https://laohu8.com/S/AUPH\">Aurinia Pharmaceuticals</a>&nbsp;(<b>AUPH</b>): \"They should be doing better. I want to be careful with that stock.\"</p>\n<p><a href=\"https://laohu8.com/S/SRNE\">Sorrento Therapeutics</a>&nbsp;(<b>SRNE</b>): \"I think this stock is overvalued and I don't like the way they have handled themselves.\"</p>\n<p>Palantir Technologies&nbsp;(<b>PLTR</b>): \"This is a cult stock. No one knows what they do but people still like it.\"</p>\n<p>Gritstone Oncology&nbsp;(<b>GRTS</b>): \"You want to own <a href=\"https://laohu8.com/S/NVCR\">NovoCure</a>&nbsp;(<b>NVCR</b>). That's the way to go. Not this one.\"</p>\n<p>SoFi Technologies&nbsp;(<b>SOFI</b>) : \"I think they are doing a terrific job and you should buy the stock.\"</p>\n<p><a href=\"https://laohu8.com/S/SPR\">Spirit AeroSystems</a>&nbsp;(<b>SPR</b>): \"I'd rather own <a href=\"https://laohu8.com/S/BA\">Boeing</a>. That's the one to buy, not the suppliers.\"</p>","source":"lsy1610613172068","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>Cramer's Mad Money Recap: Walmart, Amazon, Apple</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\">\nCramer's Mad Money Recap: Walmart, Amazon, Apple\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 16:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/jim-cramer/cramers-mad-money-recap-august-3-2021><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As COVID re-emerges, Jim Cramer says it's time to look at companies that flourish in an economy that might get worse before it gets better.\n\nAs the COVID Delta variant continues to keep America on the...</p>\n\n<a href=\"https://www.thestreet.com/jim-cramer/cramers-mad-money-recap-august-3-2021\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","AAPL":"苹果","03086":"华夏纳指"},"source_url":"https://www.thestreet.com/jim-cramer/cramers-mad-money-recap-august-3-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113741712","content_text":"As COVID re-emerges, Jim Cramer says it's time to look at companies that flourish in an economy that might get worse before it gets better.\n\nAs the COVID Delta variant continues to keep America on the run, Jim Cramer told his Mad Money viewers Tuesday it's time to dust off the Spring 2020 playbook and start investing in the pseudo-lockdown stocks. What's a pseudo-lockdown stock? It's the type of company that flourishes in a \"worse before it gets better\" economy.\nIn retail, that means investing in WATCH, Cramer's acronym for Walmart (WMT), Amazon (AMZN), Target (TGT), Costco (COST) and Home Depot (HD). All of these retailers have navigated the pandemic with flying colors and are the ones consumers trust most.\nInvestors should also be looking at UPS(UPS) and FedEx(FDX), with the latter being Cramer's favorite of the pair.\nWhen it comes to clothing and apparel, Lululemon Athletica (LULU), Ralph Lauren (RL) and Nike (NKE) were among Cramer's favorites. Shares of Ralph Lauren rose 6.1% by the close Tuesday.\nOther standouts included Domino's Pizza (DPZ), which just reported another blowout quarter, along with Apple (AAPL), an Action Alerts PLUS holding, and the newly-minted Robinhood (HOOD), which saw a bounce after its weaker-than-expected IPO.\nCramer and the AAP team are looking at everything from earnings and politics to the Federal Reserve.Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.\nExecutive Decision: Clorox\nIn the \"Executive Decision\" segment, Cramer welcomed back Linda Rendle, CEO of Clorox Co. (CLX) , the consumer products maker which plunged 9.4% after the company reported a massive top- and bottom-line miss amid rising costs and wavering demand as our economy struggles to contain the Delta variant.\nRendle said after record quarters last year, Clorox expected to see sales moderate. Looking at the year however, all four of the company's segments posted double-digit sales growth and even with recent declines are still significantly above pre-pandemic levels.\nClorox is emerging from the pandemic stronger than when it went in, Rendle added. The company has invested heavily into digital channels and has learned a lot about the new behaviors and desires of consumers. Clorox also remains committed to its dividend and to shareholders, Rendle added, even during these volatile times.\nCramer said the next quarter will be a pivotal one for Clorox, one where we will learn what post-pandemic sales will truly look like.\nThe IPO Issue\nThere are a lot of things to worry about in the market, but what worries Cramer most isn't the Delta variant, or China, or the looming debt ceiling crisis. What worries him most are IPOs.\nWhen new shares hit the stock market, it puts pressure on everything. So far this year we've seen 304 IPOs totaling $105 billion. That puts 2021 on par for a record year... with five months still to go. And these IPO numbers don't even take into account over 300 deals that came public via SPAC.\nIPO fatigue is rapidly approaching, Cramer warned, with some deals already being canceled or delayed. The high point was Didi Global (DIDI) , which found itself banned from Chinese app stores just a day after the company went public here in the U.S.\nIPOs have always been tilted in favor of investors, Cramer explained, and are designed to always see a first-day surge. But lately, your first day of trading is a coin toss, Cramer said, and the days that follow are anyone's guess. Even the much-hyped Robinhood (HOOD) couldn't break free of the downward IPO spiral.\nFortunately, the deal flow appears to be finally slowing down a bit, Cramer concluded, and not a moment too soon.\nOff the Charts\nIn his \"Off The Charts\" segment, Cramer checked in with colleague Tom DeMark for another take on where the markets are likely to head next. According to DeMark, things are not looking good.\nDeMark first looked at a daily chart of the S&P 500, noting that this rally is rapidly running out of steam after making 12 new highs. According to DeMark's 13-day sell countdown, if the S&P closes above 4,430 Wednesday, the rally is over.\nThe same pattern can be seen in the Nasdaq 100 index, which is also on day 12 of the 13-day cycle. If both indices make another high tomorrow, completing the cycle, things could get very ugly.\nEven the Dow Jones Industrial Average isn't immune, with DeMark picking up a widening fan pattern of higher highs and lower lows that is eerily similar to that seen ahead of the crash in 1929.\nFor those who think cryptocurrency might be immune, think again. DeMark also didn't like the chart of Bitcoin, noting that the recent bottom wasn't accompanied by any significant bad news to confirm the move.\nGreat Companies Shake Things Up\nIn his No-Huddle Offense segment, Cramer said that while good companies are typically risk averse and rarely change, great companies aren't afraid to shake things up. Case in point, today's news that PepsiCo  (PEP) is spinning off Tropicana and Naked Beverages for $3.3 billion.\nTropicana, while still an iconic brand, is beginning to fall out of favor with younger consumers who prefer drinks with less sugar. Cramer said spinning off these brands are what PepsiCo does, cutting loose slowing brands to double-down on its fastest-growing brands. That's how you grow earnings.\nOther great companies, according to Cramer, include McCormick (MKC), Hormel (HRL) and Constellation Brands (STZ), all of which are constantly reshuffling their product portfolio, often making difficult decisions to reinvigorate growth.\nLightning Round\nHere's what Jim Cramer had to say about some of the stocks that callers offered up during the Mad Money Lightning Round Tuesday evening:\nMKS Instruments (MKSI): \"I don't understand why this stock is so cheap.\"\nAurinia Pharmaceuticals (AUPH): \"They should be doing better. I want to be careful with that stock.\"\nSorrento Therapeutics (SRNE): \"I think this stock is overvalued and I don't like the way they have handled themselves.\"\nPalantir Technologies (PLTR): \"This is a cult stock. No one knows what they do but people still like it.\"\nGritstone Oncology (GRTS): \"You want to own NovoCure (NVCR). That's the way to go. Not this one.\"\nSoFi Technologies (SOFI) : \"I think they are doing a terrific job and you should buy the stock.\"\nSpirit AeroSystems (SPR): \"I'd rather own Boeing. That's the one to buy, not the suppliers.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155733609,"gmtCreate":1625452471401,"gmtModify":1703741982426,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/155733609","repostId":"1169840279","repostType":4,"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910125300,"gmtCreate":1663581368600,"gmtModify":1676537295012,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9910125300","repostId":"1176688692","repostType":4,"repost":{"id":"1176688692","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1663577677,"share":"https://ttm.financial/m/news/1176688692?lang=&edition=fundamental","pubTime":"2022-09-19 16:54","market":"us","language":"en","title":"U.S. Stocks To Watch: Sea, Take-Two, bluebird And More","url":"https://stock-news.laohu8.com/highlight/detail?id=1176688692","media":"Benzinga","summary":"With US stock futures trading lower this morning on Monday, some of the stocks that may grab investo","content":"<html><head></head><body><p>With US stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:</p><ul><li><a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors. Shares of Sea fall 2.88% in premarket trading.</li><li>A hacker released gameplay from <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc&#39;s Grand Theft Auto VI in one of the biggest leaks in gaming history. Dozens of authentic, pre-release videos from GTA VI - of robberies, gunplay and open-world driving - were posted on an online message board over the weekend. Take-Two stock slid 5.39% in premarket trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/BLUE\">bluebird bio, Inc.</a> disclosed that the Food and Drug Administration approved its gene therapy for a rare neurodegenerative disease. bluebird bio shares gained 17.51% to $7.45 in premarket trading session.</li><li><a href=\"https://laohu8.com/S/BMY\">Bristol Myers Squibb</a> said it received the European Commission approval for the fixed-dose combination of Opdualag for the treatment of unresectable or metastatic melanoma with tumor cell PD-L1 expression &lt; 1%. Bristol Myers Squibb shares slipped 0.15% to $71.63 in premarket trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/NBHC\">National Bank Holdings Corporation</a> reported regulatory approvals for the acquisition of Bancshares of Jackson Hole Incorporated, the holding company for Bank of Jackson Hole.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks To Watch: Sea, Take-Two, bluebird And More</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\">\nU.S. Stocks To Watch: Sea, Take-Two, bluebird And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-09-19 16:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With US stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:</p><ul><li><a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors. Shares of Sea fall 2.88% in premarket trading.</li><li>A hacker released gameplay from <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc&#39;s Grand Theft Auto VI in one of the biggest leaks in gaming history. Dozens of authentic, pre-release videos from GTA VI - of robberies, gunplay and open-world driving - were posted on an online message board over the weekend. Take-Two stock slid 5.39% in premarket trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/BLUE\">bluebird bio, Inc.</a> disclosed that the Food and Drug Administration approved its gene therapy for a rare neurodegenerative disease. bluebird bio shares gained 17.51% to $7.45 in premarket trading session.</li><li><a href=\"https://laohu8.com/S/BMY\">Bristol Myers Squibb</a> said it received the European Commission approval for the fixed-dose combination of Opdualag for the treatment of unresectable or metastatic melanoma with tumor cell PD-L1 expression &lt; 1%. Bristol Myers Squibb shares slipped 0.15% to $71.63 in premarket trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/NBHC\">National Bank Holdings Corporation</a> reported regulatory approvals for the acquisition of Bancshares of Jackson Hole Incorporated, the holding company for Bank of Jackson Hole.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","BLUE":"bluebird bio Inc.","TTWO":"Take-Two Interactive Software"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176688692","content_text":"With US stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors. Shares of Sea fall 2.88% in premarket trading.A hacker released gameplay from Take-Two Interactive Software Inc's Grand Theft Auto VI in one of the biggest leaks in gaming history. Dozens of authentic, pre-release videos from GTA VI - of robberies, gunplay and open-world driving - were posted on an online message board over the weekend. Take-Two stock slid 5.39% in premarket trading.bluebird bio, Inc. disclosed that the Food and Drug Administration approved its gene therapy for a rare neurodegenerative disease. bluebird bio shares gained 17.51% to $7.45 in premarket trading session.Bristol Myers Squibb said it received the European Commission approval for the fixed-dose combination of Opdualag for the treatment of unresectable or metastatic melanoma with tumor cell PD-L1 expression < 1%. Bristol Myers Squibb shares slipped 0.15% to $71.63 in premarket trading.National Bank Holdings Corporation reported regulatory approvals for the acquisition of Bancshares of Jackson Hole Incorporated, the holding company for Bank of Jackson Hole.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020179390,"gmtCreate":1652593517410,"gmtModify":1676535126779,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020179390","repostId":"2235110483","repostType":4,"repost":{"id":"2235110483","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1652577589,"share":"https://ttm.financial/m/news/2235110483?lang=&edition=fundamental","pubTime":"2022-05-15 09:19","market":"us","language":"en","title":"How a Bitcoin Market \"in Extreme Fear\" Compares with the Past, and What to Expect Next","url":"https://stock-news.laohu8.com/highlight/detail?id=2235110483","media":"Dow Jones","summary":"It has been a bloodbath week, as some called it, for the crypto market.Stablecoin USDTerra, or UST ,","content":"<html><head></head><body><p>It has been a bloodbath week, as some called it, for the crypto market.</p><p>Stablecoin USDTerra, or UST , once among the top 10 largest cryptocurrency by market cap, lost its 1 to 1 peg against the U.S. dollar, falling to as low as 6 cents on Friday, according to CoinDesk data. LUNA , another cryptocurrency backing UST, fell nearly to zero from over $80 in early May, with its market capitalization shrinking by more than $40 billion from early April.</p><p>It marks &#34;the largest wealth destruction event in the short history of the crypto markets,&#34; since bitcoin was created in 2019, crypto trading firm QCP Capital wrote in a Friday note.</p><p>Meanwhile, bitcoin  on Thursday fell to $25,402, the lowest level since December 2020, before it rebounded to about $30,000 on Friday, according to CoinDesk data. The bitcoin fear and greed index currently stands at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its lowest points, indicating extreme fear</p><p>Tether , the largest stablecoin, briefly fell to as low as 96 cents against the dollar on Thursday, before it rebounded to $1.</p><p>More than$400 billionhas been wiped out from the crypto market during the past seven days, according to CoinGecko. All sectors within the crypto space have seen double-digit losses during this period, with cryptocurrencies related to Web 3, the so-called next generation of the internet, posting the biggest loss of 41% on average, according to analysts at Messari.</p><p>The series of events may herald the beginning of another &#34;crypto winter,&#34; said one industry participant, echoing a common theme this week on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p><p>Some are more optimistic. &#34;It&#39;s a pattern. Back when we look at what happened in 2014, the crash happened and there&#39;s a big panic. People say, oh, crypto is dead. It&#39;s not coming back. But of course, it has come back,&#34; Mike Belshe, founder and chief executive at crypto infrastructure provider BitGo, told MarketWatch in an interview.</p><p>To be sure, the industry is still nascent and lightly regulated, while the crypto market remains volatile with high risks.</p><h2>Bitcoin drawdown</h2><p>At a Thursday low of $25,402, bitcoin was down 63% from its all-time high of $68,990 in November. The percentage of decline is larger than the 54% fall from the cycle high in July 2021, but smaller than that in other bear markets.</p><p>The chart below shows bitcoin&#39;s previous drawdown from each cycle highs.</p><p>In March 2020, bitcoin was down up to 77% from the cycle high, according to Glassnode data. In the bear markets of January 2015 and December 2018, bitcoin capitulated at lows of 85.5% and 83.8% from local highs, respectively, according to Glassnode data.</p><h2>Market bottom?</h2><p>Some said bitcoin is nearing a &#34;generational cyclical bottom.&#34;</p><p>Bitcoin&#39;s low on Thursday is close to its realized price, the aggregated cost basis of investors on-chain, which currently stands at $24,000, Will Clemente, lead insights analyst at bitcoin mining company Blockware Solutions, wrote in a Friday note.  &#34;Any prices below realized price should be seen as extreme value,&#34; Clemente wrote.</p><p>Historically, whenever bitcoin&#39;s price approached the realized price, it indicated a buying opportunity, Clemente told MarketWatch in a recent interview.</p><p>It&#39;s also worth watching bitcoin&#39;s 200-week moving average price, which usually indicates a cyclical bottom, Clemente said. It currently stands slightly above $21,500.</p><p>Still, great uncertainties remain in financial markets, as demonstrated by price actions across equities.</p><p>Read:Despite bounce, S&amp;P 500 hovers perilously close to bear market. Here&#39;s the number that counts</p><p>&#34;I think that this is just the beginning of an ongoing decline in crypto,&#34; Jay Hatfield, chief investment officer at Infrastructure Capital Management, told MarketWatch in a recent interview.</p><p>Hatfield attributed bitcoin&#39;s high return in 2020 and 2021 partly to the Federal Reserve&#39;s quantitative easing policy. &#34;We had an unprecedented increase in Fed liquidity, buying $120 billion a month of securities. And now we will have an erratic shift to a reduction in liquidity for $95 billion per month,&#34; Hatfield said.</p><p>&#34;The Fed hasn&#39;t even begun to do quantitative tightening. They just said they&#39;re going to,&#34; Hatfield said.</p><p>Hatfield estimated bitcoin could fall to $20,000 by the end of this year, and said in the worst scenario, it may drop back to its pre-pandemic level, which was about $10,000. &#34;I&#39;m not predicting we&#39;ll get there, but $10,000 would be a reasonable target,&#34; Hatfield said. Hatfield compared bitcoin with Cathie Wood&#39;s flagship Ark Innovation <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> <a href=\"https://laohu8.com/S/ARKK\">$(ARKK)$</a>, which is down more than 70% from its peak and at about the same level in March 2020.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a Bitcoin Market \"in Extreme Fear\" Compares with the Past, and What to Expect Next</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\">\nHow a Bitcoin Market \"in Extreme Fear\" Compares with the Past, and What to Expect Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-15 09:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>It has been a bloodbath week, as some called it, for the crypto market.</p><p>Stablecoin USDTerra, or UST , once among the top 10 largest cryptocurrency by market cap, lost its 1 to 1 peg against the U.S. dollar, falling to as low as 6 cents on Friday, according to CoinDesk data. LUNA , another cryptocurrency backing UST, fell nearly to zero from over $80 in early May, with its market capitalization shrinking by more than $40 billion from early April.</p><p>It marks &#34;the largest wealth destruction event in the short history of the crypto markets,&#34; since bitcoin was created in 2019, crypto trading firm QCP Capital wrote in a Friday note.</p><p>Meanwhile, bitcoin  on Thursday fell to $25,402, the lowest level since December 2020, before it rebounded to about $30,000 on Friday, according to CoinDesk data. The bitcoin fear and greed index currently stands at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its lowest points, indicating extreme fear</p><p>Tether , the largest stablecoin, briefly fell to as low as 96 cents against the dollar on Thursday, before it rebounded to $1.</p><p>More than$400 billionhas been wiped out from the crypto market during the past seven days, according to CoinGecko. All sectors within the crypto space have seen double-digit losses during this period, with cryptocurrencies related to Web 3, the so-called next generation of the internet, posting the biggest loss of 41% on average, according to analysts at Messari.</p><p>The series of events may herald the beginning of another &#34;crypto winter,&#34; said one industry participant, echoing a common theme this week on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p><p>Some are more optimistic. &#34;It&#39;s a pattern. Back when we look at what happened in 2014, the crash happened and there&#39;s a big panic. People say, oh, crypto is dead. It&#39;s not coming back. But of course, it has come back,&#34; Mike Belshe, founder and chief executive at crypto infrastructure provider BitGo, told MarketWatch in an interview.</p><p>To be sure, the industry is still nascent and lightly regulated, while the crypto market remains volatile with high risks.</p><h2>Bitcoin drawdown</h2><p>At a Thursday low of $25,402, bitcoin was down 63% from its all-time high of $68,990 in November. The percentage of decline is larger than the 54% fall from the cycle high in July 2021, but smaller than that in other bear markets.</p><p>The chart below shows bitcoin&#39;s previous drawdown from each cycle highs.</p><p>In March 2020, bitcoin was down up to 77% from the cycle high, according to Glassnode data. In the bear markets of January 2015 and December 2018, bitcoin capitulated at lows of 85.5% and 83.8% from local highs, respectively, according to Glassnode data.</p><h2>Market bottom?</h2><p>Some said bitcoin is nearing a &#34;generational cyclical bottom.&#34;</p><p>Bitcoin&#39;s low on Thursday is close to its realized price, the aggregated cost basis of investors on-chain, which currently stands at $24,000, Will Clemente, lead insights analyst at bitcoin mining company Blockware Solutions, wrote in a Friday note.  &#34;Any prices below realized price should be seen as extreme value,&#34; Clemente wrote.</p><p>Historically, whenever bitcoin&#39;s price approached the realized price, it indicated a buying opportunity, Clemente told MarketWatch in a recent interview.</p><p>It&#39;s also worth watching bitcoin&#39;s 200-week moving average price, which usually indicates a cyclical bottom, Clemente said. It currently stands slightly above $21,500.</p><p>Still, great uncertainties remain in financial markets, as demonstrated by price actions across equities.</p><p>Read:Despite bounce, S&amp;P 500 hovers perilously close to bear market. Here&#39;s the number that counts</p><p>&#34;I think that this is just the beginning of an ongoing decline in crypto,&#34; Jay Hatfield, chief investment officer at Infrastructure Capital Management, told MarketWatch in a recent interview.</p><p>Hatfield attributed bitcoin&#39;s high return in 2020 and 2021 partly to the Federal Reserve&#39;s quantitative easing policy. &#34;We had an unprecedented increase in Fed liquidity, buying $120 billion a month of securities. And now we will have an erratic shift to a reduction in liquidity for $95 billion per month,&#34; Hatfield said.</p><p>&#34;The Fed hasn&#39;t even begun to do quantitative tightening. They just said they&#39;re going to,&#34; Hatfield said.</p><p>Hatfield estimated bitcoin could fall to $20,000 by the end of this year, and said in the worst scenario, it may drop back to its pre-pandemic level, which was about $10,000. &#34;I&#39;m not predicting we&#39;ll get there, but $10,000 would be a reasonable target,&#34; Hatfield said. Hatfield compared bitcoin with Cathie Wood&#39;s flagship Ark Innovation <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> <a href=\"https://laohu8.com/S/ARKK\">$(ARKK)$</a>, which is down more than 70% from its peak and at about the same level in March 2020.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","BK4544":"ARK ETF合集"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2235110483","content_text":"It has been a bloodbath week, as some called it, for the crypto market.Stablecoin USDTerra, or UST , once among the top 10 largest cryptocurrency by market cap, lost its 1 to 1 peg against the U.S. dollar, falling to as low as 6 cents on Friday, according to CoinDesk data. LUNA , another cryptocurrency backing UST, fell nearly to zero from over $80 in early May, with its market capitalization shrinking by more than $40 billion from early April.It marks \"the largest wealth destruction event in the short history of the crypto markets,\" since bitcoin was created in 2019, crypto trading firm QCP Capital wrote in a Friday note.Meanwhile, bitcoin  on Thursday fell to $25,402, the lowest level since December 2020, before it rebounded to about $30,000 on Friday, according to CoinDesk data. The bitcoin fear and greed index currently stands at one of its lowest points, indicating extreme fearTether , the largest stablecoin, briefly fell to as low as 96 cents against the dollar on Thursday, before it rebounded to $1.More than$400 billionhas been wiped out from the crypto market during the past seven days, according to CoinGecko. All sectors within the crypto space have seen double-digit losses during this period, with cryptocurrencies related to Web 3, the so-called next generation of the internet, posting the biggest loss of 41% on average, according to analysts at Messari.The series of events may herald the beginning of another \"crypto winter,\" said one industry participant, echoing a common theme this week on Twitter.Some are more optimistic. \"It's a pattern. Back when we look at what happened in 2014, the crash happened and there's a big panic. People say, oh, crypto is dead. It's not coming back. But of course, it has come back,\" Mike Belshe, founder and chief executive at crypto infrastructure provider BitGo, told MarketWatch in an interview.To be sure, the industry is still nascent and lightly regulated, while the crypto market remains volatile with high risks.Bitcoin drawdownAt a Thursday low of $25,402, bitcoin was down 63% from its all-time high of $68,990 in November. The percentage of decline is larger than the 54% fall from the cycle high in July 2021, but smaller than that in other bear markets.The chart below shows bitcoin's previous drawdown from each cycle highs.In March 2020, bitcoin was down up to 77% from the cycle high, according to Glassnode data. In the bear markets of January 2015 and December 2018, bitcoin capitulated at lows of 85.5% and 83.8% from local highs, respectively, according to Glassnode data.Market bottom?Some said bitcoin is nearing a \"generational cyclical bottom.\"Bitcoin's low on Thursday is close to its realized price, the aggregated cost basis of investors on-chain, which currently stands at $24,000, Will Clemente, lead insights analyst at bitcoin mining company Blockware Solutions, wrote in a Friday note.  \"Any prices below realized price should be seen as extreme value,\" Clemente wrote.Historically, whenever bitcoin's price approached the realized price, it indicated a buying opportunity, Clemente told MarketWatch in a recent interview.It's also worth watching bitcoin's 200-week moving average price, which usually indicates a cyclical bottom, Clemente said. It currently stands slightly above $21,500.Still, great uncertainties remain in financial markets, as demonstrated by price actions across equities.Read:Despite bounce, S&P 500 hovers perilously close to bear market. Here's the number that counts\"I think that this is just the beginning of an ongoing decline in crypto,\" Jay Hatfield, chief investment officer at Infrastructure Capital Management, told MarketWatch in a recent interview.Hatfield attributed bitcoin's high return in 2020 and 2021 partly to the Federal Reserve's quantitative easing policy. \"We had an unprecedented increase in Fed liquidity, buying $120 billion a month of securities. And now we will have an erratic shift to a reduction in liquidity for $95 billion per month,\" Hatfield said.\"The Fed hasn't even begun to do quantitative tightening. They just said they're going to,\" Hatfield said.Hatfield estimated bitcoin could fall to $20,000 by the end of this year, and said in the worst scenario, it may drop back to its pre-pandemic level, which was about $10,000. \"I'm not predicting we'll get there, but $10,000 would be a reasonable target,\" Hatfield said. Hatfield compared bitcoin with Cathie Wood's flagship Ark Innovation Pacer Swan SOS Fund of Funds ETF|ETF $(ARKK)$, which is down more than 70% from its peak and at about the same level in March 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010850705,"gmtCreate":1648343863141,"gmtModify":1676534328893,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010850705","repostId":"2221071429","repostType":4,"repost":{"id":"2221071429","kind":"news","pubTimestamp":1648343569,"share":"https://ttm.financial/m/news/2221071429?lang=&edition=fundamental","pubTime":"2022-03-27 09:12","market":"us","language":"en","title":"Alphabet Vs. Meta: One Is The Much Better Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2221071429","media":"seekingalpha","summary":"FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are fa","content":"<html><head></head><body><p></p><p><img src=\"https://static.tigerbbs.com/f8682b68644fb0e700ccf73bfd598736\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FotoMaximum/iStock via Getty Images</p><p></p><p>Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years.</p><p><b> Alphabet And Meta Returns Since 2013</b></p><p></p><p><img src=\"https://static.tigerbbs.com/c7de1c1120c62c3dad9c49e5d4e5a134\" tg-width=\"640\" tg-height=\"112\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Portfolio Visualizer Premium</p><p></p><p>In fact, both have crushed even the red hot Nasdaq during <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest tech bull runs in US history, delivering Buffett-like 25% returns that resulted in an 8X return.</p><p></p><p><img src=\"https://static.tigerbbs.com/ad549342543f2ced891f57b6c43bb4fd\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ycharts</p><p></p><p>While the market is currently in a correction, and growth stocks have been especially hard hit, Meta has been crushed, falling into a 50% bear market.</p><p>I&#39;ve bought both growth legends in this correction, but one is a core growth name in my correction plan, and the other is a non-core holding.</p><p>So let me explain why both Meta and Alphabet are great companies, worth owning, and even buying more of right now.</p><p>However, a careful examination of both of their fundamentals makes it clear that Alphabet is the global king of digital marketing, and this is likely to remain the case for the foreseeable future.</p><h2>The Challenge Facing Digital Marketers Right Now</h2><p></p><p><img src=\"https://static.tigerbbs.com/a556ac1fd6482c83da2db4af6d5b7540\" tg-width=\"640\" tg-height=\"637\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>eMarketer</p><p></p><p>GOOG, FB, and Amazon (AMZN) have a triopoly on US digital marketing, commanding an estimated 65% of the market.</p><p>Both GOOG and FB are losing market share to AMZN because Amazon&#39;s ads are 3X as effective at converting to actual sales.</p><p>That&#39;s because Amazon has spent decades gathering customer sales data and knows what its customers want better than anyone on earth.</p><p>Apple&#39;s (AAPL) recent privacy shift in iOS, makes it much easier to opt out of data tracking, and 62% of iPhone users have indeed opted out.</p><p>This has proven a hammer blow to FB, which management says could cost it $10 billion in 2022 alone.</p><p>GOOG is less at risk since it still has the search data it can use to optimize for targeted ads.</p><p>AMZN is the least at risk since it relies far less on cookie tracking than its rivals.</p><p>This kind of business model disruption is part of FB and GOOG&#39;s risk profile, which brings us to our first point of comparison.</p><h2>Long-Term Risk Management: Winner Alphabet</h2><p>How do we quantify, monitor, and track such a complex risk profile? By doing what big institutions do.</p><h2>Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk</h2><ul><li>4 Things You Need To Know To Profit From ESG Investing</li><li>What Investors Need To Know About Company Long-Term Risk Management (Video)</li></ul><p>Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.</p><ul><li>ESG is NOT &#34;political or personal ethics based investing&#34;</li><li>it&#39;s total long-term risk management analysis</li></ul><blockquote><i><b>ESG is just normal risk by another name.</b></i><i>&#34; Simon MacMahon, head of ESG and corporate governance research, Sustainalytics&#34; - Morningstar</i></blockquote><blockquote><i>ESG factors are taken into consideration, alongside all other credit factors, when we consider they are relevant to and have or may have a material influence on creditworthiness.&#34; - S&amp;P</i></blockquote><p>ESG is a measure of risk, not of ethics, political correctness, or personal opinion.</p><p>S&amp;P, Fitch, Moody&#39;s, DBRS (Canadian rating agency), AMBest (insurance rating agency), R&amp;I Credit Rating (Japanese rating agency), and the Japan Credit Rating Agency <b>have been using ESG models in their credit ratings for decades.</b></p><ul><li><b>every credit rating for the last 30 years has included these risk models, you just weren&#39;t aware of it </b></li><li>credit and risk management ratings make up 41% of the DK safety and quality model</li><li>dividend/balance sheet/risk ratings make up 82% of the DK safety and quality model</li></ul><p>Every major financial institution also tracks long-term risk management and considers it essential to sound long-term investing including,</p><ul><li>BlackRock</li><li>MSCI</li><li>JPMorgan</li><li>Wells Fargo</li><li>Bank of America</li><li>Deutsche Bank</li><li>virtually every major financial institution in the world</li></ul><p>We use six rating agencies to get a consensus risk management percentile, comparing how well a company manages its risk relative to its peers.</p><p>For context:</p><ul><li>master list average: 62nd percentile</li><li>dividend kings: 63rd percentile</li><li>dividend aristocrats: 67th percentile</li><li>Ultra SWANs: 71st percentile</li></ul><p>The better a company&#39;s risk management consensus the more likely it will be able to adapt to challenges to its business model, as we&#39;re seeing now with GOOG and FB.</p><h4>Meta Long-Term Risk-Management Consensus</h4><table><colgroup></colgroup><tbody><tr><td><b>Rating Agency</b></td><td><b>Industry Percentile</b></td><td><p><b>Rating Agency Classification</b></p></td></tr><tr><td>MSCI 37 Metric Model</td><td>26.0%</td><td><p>B Industry Laggard, Negative Trend</p></td></tr><tr><td>Morningstar/Sustainalytics 20 Metric Model</td><td>0.7%</td><td><p>32.4/100 High-Risk</p></td></tr><tr><td>Reuters&#39;/Refinitiv 500+ Metric Model</td><td>88.9%</td><td>Good</td></tr><tr><td>S&amp;P 1,000+ Metric Model</td><td>18.0%</td><td><p>Very Poor- Stable Trend</p></td></tr><tr><td>Just Capital 19 Metric Model</td><td>50.0%</td><td>Average</td></tr><tr><td>FactSet</td><td>30.0%</td><td><p>Below-Average Stable Trend</p></td></tr><tr><td>Morningstar Global Percentile</td><td>30.6%</td><td>Below-Average</td></tr><tr><td>Just Capital Global Percentile</td><td>25.4%</td><td>Poor</td></tr><tr><td><b>Consensus</b></td><td><b>33.7%</b></td><td><p><b>Below-Average (verging on poor) - medium risk</b></p></td></tr></tbody></table><p><i>(Sources: MSCI, Morningstar, Reuters&#39;, Just Capital, S&amp;P, FactSet Research)</i></p><p>The rating agency consensus is that FB is below-average at managing its risk, verging on poor.</p><p>Now contrast that with GOOG.</p><h4>Alphabet Long-Term Risk-Management Consensus</h4><table><colgroup></colgroup><tbody><tr><td><b>Rating Agency</b></td><td><b>Industry Percentile</b></td><td><p><b>Rating Agency Classification</b></p></td></tr><tr><td>MSCI 37 Metric Model</td><td>53.0%</td><td><p>BBB Average, Negative Trend</p></td></tr><tr><td>Morningstar/Sustainalytics 20 Metric Model</td><td>39.7%</td><td><p>24.3/100 Medium-Risk</p></td></tr><tr><td>Reuters&#39;/Refinitiv 500+ Metric Model</td><td>85.88%</td><td>Good</td></tr><tr><td>S&amp;P 1,000+ Metric Model</td><td>47.0%</td><td><p>Average- Positive Trend</p></td></tr><tr><td>Just Capital 19 Metric Model</td><td>100.00%</td><td><p>#1 Industry Leader</p></td></tr><tr><td>FactSet</td><td>30.0%</td><td><p>Below-Average Stable Trend</p></td></tr><tr><td>Morningstar Global Percentile</td><td>60.88</td><td>Above-Average</td></tr><tr><td>Just Capital Global Percentile</td><td>100%</td><td><p>#1 Industry Leader, #1 Company In America</p></td></tr><tr><td><b>Consensus</b></td><td><b>64.6%</b></td><td><b>Above-Average - low risk </b></td></tr></tbody></table><p><i>(Sources: MSCI, Morningstar, Reuters&#39;, Just Capital, S&amp;P, FactSet Research)</i></p><p>GOOG doesn&#39;t just manage its long-term risk better than FB, it&#39;s beating FB by 31%.</p><ul><li>far more likely to successfully deal with privacy policy shifts, regulators, and every other major risk to its business model</li></ul><p>And risk-management isn&#39;t the only factor in which GOOG outshines FB by a wide margin.</p><h2>Overall Quality: Winner, Alphabet</h2><p>The Dividend King&#39;s overall quality scores are based on a 241 point model that includes:</p><ul><li><p>dividend safety</p></li><li><p>balance sheet strength</p></li><li><p>credit ratings</p></li><li><p>credit default swap medium-term bankruptcy risk data</p></li><li><p>short and long-term bankruptcy risk</p></li><li><p>accounting and corporate fraud risk</p></li><li><p>profitability and business model</p></li><li><p>growth consensus estimates</p></li><li><p>management growth guidance</p></li><li><p>historical earnings growth rates</p></li><li><p>historical cash flow growth rates</p></li><li><p>historical dividend growth rates</p></li><li><p>historical sales growth rates</p></li><li><p>cost of capital</p></li><li><p>long-term risk-management scores from MSCI, Morningstar, FactSet, S&amp;P, Reuters&#39;/Refinitiv, and Just Capital</p></li><li><p>management quality</p></li><li><p>dividend friendly corporate culture/income dependability</p></li><li><p>long-term total returns (a Ben Graham sign of quality)</p></li><li><p>analyst consensus long-term return potential</p></li></ul><p>It actually includes over 1,000 metrics if you count everything factored in by 12 rating agencies we use to assess fundamental risk.</p><ul><li><p>credit and risk management ratings make up 41% of the DK safety and quality model</p></li><li><p>dividend/balance sheet/risk ratings make up 82% of the DK safety and quality model</p></li></ul><p>How do we know that our safety and quality model works well?</p><p>During the two worst recessions in 75 years, our safety model predicted 87% of blue-chip dividend cuts during the ultimate baptism by fire for any dividend safety model.</p><p>That&#39;s because we don&#39;t miss anything important about a company&#39;s fundamental safety and quality.</p><p>So how do GOOG and FB stack up on one of the world&#39;s most comprehensive and accurate safety and quality models?</p><h2>Meta: A Speculative 11/19 Quality Blue-Chip</h2><p><b>Meta Balance Sheet Safety</b></p><table><colgroup></colgroup><tbody><tr><td><b>Rating</b></td><td><b>Dividend Kings Safety Score (151 Point Safety Model)</b></td><td><b>Approximate Dividend Cut Risk (Average Recession)</b></td><td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td></tr><tr><td>1 - unsafe</td><td>0% to 20%</td><td>over 4%</td><td>16+%</td></tr><tr><td>2- below average</td><td>21% to 40%</td><td>over 2%</td><td>8% to 16%</td></tr><tr><td>3 - average</td><td>41% to 60%</td><td>2%</td><td>4% to 8%</td></tr><tr><td>4 - safe</td><td>61% to 80%</td><td>1%</td><td>2% to 4%</td></tr><tr><td>5- very safe</td><td>81% to 100%</td><td>0.5%</td><td>1% to 2%</td></tr><tr><td><b>FB</b></td><td><b>100%</b></td><td><b>NA</b></td><td><b>NA</b></td></tr><tr><td>Risk Rating</td><td>Medium Risk (34th industry percentile risk-management consensus)</td><td>Effective AAA stable outlook credit rating 0.07% 30-year bankruptcy risk</td><td>2.5% OR LESS Max Risk Cap Recommendation - speculative, turnaround stock</td></tr></tbody></table><p><b>Long-Term Dependability</b></p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>DK Long-Term Dependability Score</b></td><td><b>Interpretation</b></td><td><b>Points</b></td></tr><tr><td>Non-Dependable Companies</td><td>21% or below</td><td>Poor Dependability</td><td>1</td></tr><tr><td>Low Dependability Companies</td><td>22% to 60%</td><td>Below-Average Dependability</td><td>2</td></tr><tr><td>S&amp;P 500/Industry Average</td><td>61% (58% to 70% range)</td><td>Average Dependability</td><td>3</td></tr><tr><td>Above-Average</td><td>71% to 80%</td><td>Very Dependable</td><td>4</td></tr><tr><td>Very Good</td><td>81% or higher</td><td>Exceptional Dependability</td><td>5</td></tr><tr><td><b>FB</b></td><td><b>67%</b></td><td><b>Average Dependability</b></td><td><b>3</b></td></tr></tbody></table><p><b>Overall Quality</b></p><table><colgroup></colgroup><tbody><tr><td><b>FB</b></td><td><b>Final Score</b></td><td><b>Rating</b></td></tr><tr><td>Safety</td><td>100%</td><td>5/5 very safe</td></tr><tr><td>Business Model</td><td>100%</td><td>3/3 wide moat</td></tr><tr><td>Dependability</td><td>67%</td><td>3/5 average dependability</td></tr><tr><td><b>Total</b></td><td><b>84%</b></td><td><b>11/13 Speculative Blue-Chip</b></td></tr><tr><td>Risk Rating</td><td><p>2/3 Medium Risk</p></td><td></td></tr><tr><td>2.5% OR LESS Max Risk Cap Rec - speculative, turnaround stock</td><td><p>20% Margin of Safety For A Potentially Good Buy</p></td><td></td></tr></tbody></table><p>And here&#39;s GOOG.</p><h2>Alphabet: A 13/13 Quality Ultra SWAN</h2><p><b>Alphabet Balance Sheet Safety</b></p><table><colgroup></colgroup><tbody><tr><td><b>Rating</b></td><td><b>Dividend Kings Safety Score (151 Point Safety Model)</b></td><td><b>Approximate Dividend Cut Risk (Average Recession)</b></td><td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td></tr><tr><td>1 - unsafe</td><td>0% to 20%</td><td>over 4%</td><td>16+%</td></tr><tr><td>2- below average</td><td>21% to 40%</td><td>over 2%</td><td>8% to 16%</td></tr><tr><td>3 - average</td><td>41% to 60%</td><td>2%</td><td>4% to 8%</td></tr><tr><td>4 - safe</td><td>61% to 80%</td><td>1%</td><td>2% to 4%</td></tr><tr><td>5- very safe</td><td>81% to 100%</td><td>0.5%</td><td>1% to 2%</td></tr><tr><td><b>GOOG</b></td><td><b>100%</b></td><td><b>NA</b></td><td><b>NA</b></td></tr><tr><td>Risk Rating</td><td>Low Risk (65th industry percentile risk-management consensus)</td><td>AA+ stable outlook credit rating 0.29% 30-year bankruptcy risk</td><td>20% OR LESS Max Risk Cap Recommendation</td></tr></tbody></table><p><b>Long-Term Dependability</b></p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>DK Long-Term Dependability Score</b></td><td><b>Interpretation</b></td><td><b>Points</b></td></tr><tr><td>Non-Dependable Companies</td><td>21% or below</td><td>Poor Dependability</td><td>1</td></tr><tr><td>Low Dependability Companies</td><td>22% to 60%</td><td>Below-Average Dependability</td><td>2</td></tr><tr><td>S&amp;P 500/Industry Average</td><td>61% (58% to 70% range)</td><td>Average Dependability</td><td>3</td></tr><tr><td>Above-Average</td><td>71% to 80%</td><td>Very Dependable</td><td>4</td></tr><tr><td>Very Good</td><td>81% or higher</td><td>Exceptional Dependability</td><td>5</td></tr><tr><td><b>GOOG</b></td><td><b>89%</b></td><td><b>Exceptional Dependability</b></td><td><b>5</b></td></tr></tbody></table><p><b>Overall Quality</b></p><table><colgroup></colgroup><tbody><tr><td><b>GOOG</b></td><td><b>Final Score</b></td><td><b>Rating</b></td></tr><tr><td>Safety</td><td>100%</td><td>5/5 very safe</td></tr><tr><td>Business Model</td><td>100%</td><td>3/3 wide moat</td></tr><tr><td>Dependability</td><td>89%</td><td>5/5 exceptional</td></tr><tr><td><b>Total</b></td><td><b>95%</b></td><td><b>13/13 Ultra SWAN</b></td></tr><tr><td>Risk Rating</td><td>3/3 Low Risk</td><td></td></tr><tr><td>20% OR LESS Max Risk Cap Rec</td><td><p>5% Margin of Safety For A Potentially Good Buy</p></td><td></td></tr></tbody></table><ul><li>Meta: 114th highest quality company on the Masterlist: 78th percentile</li><li>Alphabet: 39th highest quality: 92nd percentile</li></ul><p>Both companies are exceptionally high quality given that our company database is one of the best in the world.</p><p>The DK 500 Master List includes the world&#39;s highest quality companies including:</p><ul><li><p>All dividend champions</p></li><li><p>All dividend aristocrats</p></li><li><p>All dividend kings</p></li><li><p>All global aristocrats (such as BTI, ENB, and NVS)</p></li><li><p>All 13/13 Ultra Swans (as close to perfect quality as exists on Wall Street)</p></li><li>48 of the world&#39;s best growth stocks (on its way to 100)</li></ul><p>But when it comes to overall quality, factoring in over 1,000 fundamental metrics, the winner is clearly once more Alphabet.</p><p>Why is GOOG the hands-down winner in this quality fight with FB?</p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Quality Rating (out Of 13)</b></td><td><b>Quality Score (Out Of 100)</b></td><td><b>Dividend/Balance Sheet Safety Rating (out of 5)</b></td><td><b>Safety Score (Out Of 100)</b></td><td><b>Dependability Rating (Out Of 5)</b></td><td><b>Dependability Score (out Of 100)</b></td></tr><tr><td><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></td><td>11 Speculative Blue-Chip</td><td>84%</td><td>5 Very Safe</td><td>100%</td><td>3 average</td><td>67%</td></tr><tr><td>Alphabet</td><td>13 Ultra SWAN</td><td>95%</td><td>5 Very Safe</td><td>100%</td><td>5 exceptional</td><td>89%</td></tr></tbody></table><p><i>(Source: DK Research Terminal)</i></p><p>Both FB and Meta have exceptionally strong balance sheets, making the risk of bankruptcy as close to zero as you can find on Wall Street.</p><h4>Alphabet&#39;s Balance Sheet: AA+ Rated By S&amp;P</h4><p></p><p><img src=\"https://static.tigerbbs.com/a13f13c309fa748452dfea0afb27ebdf\" tg-width=\"491\" tg-height=\"373\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>GuruFocus Premium</p><p></p><p>GOOG has $140 billion in cash and just $13 billion in debt.</p><p>Its advanced accounting metrics (F, Z, and M-score) are exceptional.</p><ul><li>F-score is a measure of short-term bankruptcy risk</li><li>4+ is safe, 7+ very safe and GOOG&#39;s is 8</li><li>M-score is 84% to 92% accurate at forecasting long-term bankruptcies</li><li>1.81+ is safe, 3+ is very safe and GOOG&#39;s is 13.04</li><li>M-score is 76% accurate at catching accounting fraud, and 82.5% accurate at finding companies with honest accounting</li><li>-1.78 or lower is safe and GOOG&#39;s is -2.48</li></ul><h4>Meta&#39;s Balance Sheet: Effectively AAA</h4><p></p><p><img src=\"https://static.tigerbbs.com/68209d14c736c8328e46572200e82060\" tg-width=\"487\" tg-height=\"373\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>GuruFocus Premium</p><p></p><p>The only &#34;debt&#34; Meta has is receivables, it actually carries no long-term debt.</p><p>That is why it&#39;s the largest company on earth that doesn&#39;t pay the $500K per year for a credit rating.</p><p>However, given its current and historical advanced credit metrics, as well as its exceptionally strong solvency ratios (current ratio, quick ratio, and cash ratios), I&#39;m highly confident that it would be AAA-rated.</p><ul><li>because it&#39;s literally not possible for FB to default on debt it doesn&#39;t have</li></ul><table><colgroup></colgroup><tbody><tr><td><b>Credit Rating</b></td><td><b>30-Year Bankruptcy Probability</b></td></tr><tr><td>AAA (Meta)</td><td>0.07%</td></tr><tr><td>AA+ (Alphabet)</td><td>0.29%</td></tr><tr><td>AA</td><td>0.51%</td></tr><tr><td>AA-</td><td>0.55%</td></tr><tr><td>A+</td><td>0.60%</td></tr><tr><td>A</td><td>0.66%</td></tr><tr><td>A-</td><td>2.5%</td></tr><tr><td>BBB+</td><td>5%</td></tr><tr><td>BBB</td><td>7.5%</td></tr><tr><td>BBB-</td><td>11%</td></tr><tr><td>BB+</td><td>14%</td></tr><tr><td>BB</td><td>17%</td></tr><tr><td>BB-</td><td>21%</td></tr><tr><td>B+</td><td>25%</td></tr><tr><td>B</td><td>37%</td></tr><tr><td>B-</td><td>45%</td></tr><tr><td>CCC+</td><td>52%</td></tr><tr><td>CCC</td><td>59%</td></tr><tr><td>CCC-</td><td>65%</td></tr><tr><td>CC</td><td>70%</td></tr><tr><td>C</td><td>80%</td></tr><tr><td>D</td><td>100%</td></tr></tbody></table><p><i>(Sources: S&amp;P, University of St. Petersberg)</i></p><p>This means the fundamental risk of losing all your money over the next 30 years buying FB or GOOG today is approximately</p><ul><li>1 in 1,429 for FB</li><li>1 in 345 for GOOG</li></ul><p>And both companies&#39; balance sheets are expected to keep getting stronger over time.</p><p><b>Alphabet: Consensus $441 Billion In Net Cash By 2027 </b></p><p></p><p><img src=\"https://static.tigerbbs.com/76c3a6843c329c2b16d3839e0e124674\" tg-width=\"640\" tg-height=\"308\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p><b>Meta: Consensus $71 Billion In Net Cash By 2027</b></p><p></p><p><img src=\"https://static.tigerbbs.com/ec44680d5d8318ba8ed74d4b40ae28e9\" tg-width=\"640\" tg-height=\"268\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>Now let&#39;s consider profitability, Wall Street&#39;s favorite quality proxy.</p><h2>Profitability: Winner, Meta By A Small Amount</h2><p><b>Meta Profitability Vs Peers</b></p><p></p><p><img src=\"https://static.tigerbbs.com/9e2b501a3cd5bb6da5299422362bed67\" tg-width=\"486\" tg-height=\"342\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Gurufocus Premium</p><p></p><p><b>Alphabet Profitability Vs Peers</b></p><p></p><p><img src=\"https://static.tigerbbs.com/926a2ab456d218b3ef8cd49552df5565\" tg-width=\"488\" tg-height=\"345\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Gurufocus Premium</p><p></p><p>Both companies are profit-minting machines.</p><p></p><p><img src=\"https://static.tigerbbs.com/673b7f04eadaf433b4fe704dda171180\" tg-width=\"640\" tg-height=\"391\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ycharts</p><p></p><p>These are two of the most profitable companies on earth, and their industry-leading profitability has been stable or improving for over a decade, confirming a wide and stable moat.</p><p></p><p><img src=\"https://static.tigerbbs.com/9a1b491d8a76dd73ddc3b2ea13e999c8\" tg-width=\"640\" tg-height=\"187\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>FB&#39;s free cash flow is expected to keep growing and reach $77 billion in 2027.</p><p>This is expected to result in impressive buybacks in the coming years.</p><ul><li>$219 billion in consensus buybacks through 2027</li><li>38% of shares at current valuations</li></ul><p></p><p><img src=\"https://static.tigerbbs.com/93f9e72220887060384ea19dc975503c\" tg-width=\"640\" tg-height=\"165\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>GOOG&#39;s annual free cash flow is expected to grow to $139 billion in 2027, allowing it to undertake even more impressive buybacks.</p><ul><li>$380 billion in consensus buybacks through 2027</li><li>21% of shares at current valuations</li></ul><p>Now let&#39;s consider one important profitability metric in particular.</p><p>Return on capital or ROC is Joel Greenblatt&#39;s gold standard proxy for quality and moatiness.</p><p>ROC = pre-tax profit/operating capital (the money it takes to run the business).</p><ul><li>S&amp;P 500&#39;s average in 2021 was 14.6% (average investment pays for itself in 7 years)</li></ul><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>ROC (Greenblatt)</b></td><td><b>ROC Industry Percentile</b></td><td><b>13-Year Median ROC</b></td><td><b>5-Year ROC Trend (OTC:CAGR)</b></td></tr><tr><td>Meta Platforms</td><td>74%</td><td>65%</td><td>95%</td><td>-16%</td></tr><tr><td>Alphabet</td><td>87%</td><td>67%</td><td>74%</td><td>-7%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>In the past year, GOOG&#39;s return on capital was higher than FB&#39;s and it&#39;s also above its 13-year median indicating a more stable moat.</p><p>In other words, when it comes to profitability, FB edges out GOOG by a small amount, except in terms of return on capital, where it&#39;s once more the winner.</p><h2>Valuation: Winner, Meta</h2><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Average Fair Value</b></td><td><b>Current Price</b></td><td><b>Discount To Fair Value</b></td><td><b>DK Rating</b></td><td><b>PE 2022</b></td><td><b>PEG 2022</b></td></tr><tr><td>Meta Platforms</td><td>$265.75</td><td>$214.35</td><td>19.6%</td><td>Potentially Reasonable Buy</td><td>17.19</td><td>1.49</td></tr><tr><td>Alphabet</td><td>$3,161.89</td><td>$2,771.92</td><td>12.3%</td><td>Potentially Good Buy</td><td>23.51</td><td>1.67</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>FB is trading at a slightly lower valuation and a higher margin of safety, though not quite high enough for me to consider it a good buy.</p><ul><li>20% discount is needed to make FB a potentially good buy given its lower quality and risk profile</li></ul><p>If we back out cash we see that FB is once more the more undervalued company.</p><ul><li>FB EV/EBITDA: 9.5</li><li>GOOG EV/EBITDA: 14.5</li></ul><p>However, both companies are trading at highly attractive valuations.</p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>12-Month Consensus Total Return Potential</b></td><td><b>12-Month Fundamentally Justified Upside Total Return Potential</b></td></tr><tr><td>Meta Platforms</td><td>48.47%</td><td>23.98%</td></tr><tr><td>Alphabet</td><td>25.77%</td><td>14.11%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>This is why analysts expect both to deliver very strong returns, though FB potentially much more than GOOG.</p><p>Of course, what happens in the next year doesn&#39;t matter as much as the kind of returns both companies can deliver over the long-term.</p><h2>Long-Term Total Return Potential: Winner, Alphabet</h2><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Yield</b></td><td><b>FactSet Long-Term Consensus Growth Rate</b></td><td><b>LT Consensus Total Return Potential</b></td><td><b>Risk-Adjusted Expected Return</b></td></tr><tr><td>Meta Platforms</td><td>0.00%</td><td>11.5%</td><td>11.5%</td><td>8.1%</td></tr><tr><td>Alphabet</td><td>0.00%</td><td>14.1%</td><td>14.1%</td><td>9.9%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>GOOG is expected to grow significantly faster than FB over time, resulting in far better long-term returns.</p><table><colgroup></colgroup><tbody><tr><td><b>Investment Strategy</b></td><td><b>Yield</b></td><td><b>LT Consensus Growth</b></td><td><b>LT Consensus Total Return Potential</b></td><td><b>Long-Term Risk-Adjusted Expected Return</b></td><td><b>Long-Term Inflation And Risk-Adjusted Expected Returns</b></td><td><b>Years To Double Your Inflation &amp; Risk-Adjusted Wealth</b></td><td><p><b>10 Year Inflation And Risk-Adjusted Return</b></p></td></tr><tr><td>Europe</td><td>2.6%</td><td>12.8%</td><td>15.4%</td><td>10.7%</td><td>8.6%</td><td>8.4</td><td>2.27</td></tr><tr><td>Value</td><td>2.1%</td><td>12.1%</td><td>14.1%</td><td>9.9%</td><td>7.7%</td><td>9.3</td><td>2.10</td></tr><tr><td><b>Alphabet</b></td><td><b>0.0%</b></td><td><b>14.1%</b></td><td><b>14.1%</b></td><td><b>9.9%</b></td><td><b>7.7%</b></td><td><b>9.4</b></td><td>2.10</td></tr><tr><td>High-Yield</td><td>2.8%</td><td>11.3%</td><td>14.1%</td><td>9.9%</td><td>7.7%</td><td>9.4</td><td>2.10</td></tr><tr><td>High-Yield + Growth</td><td>1.7%</td><td>11.0%</td><td>12.7%</td><td>8.9%</td><td>6.7%</td><td>10.8</td><td>1.91</td></tr><tr><td>Safe Midstream + Growth</td><td>3.3%</td><td>8.5%</td><td>11.8%</td><td>8.3%</td><td>6.1%</td><td>11.8</td><td>1.80</td></tr><tr><td><b>Meta</b></td><td><b>0.0%</b></td><td><b>11.50%</b></td><td><b>11.5%</b></td><td><b>8.1%</b></td><td><b>5.9%</b></td><td><b>12.3</b></td><td>1.77</td></tr><tr><td>Nasdaq (Growth)</td><td>0.8%</td><td>10.7%</td><td>11.5%</td><td>8.1%</td><td>5.9%</td><td>12.3</td><td>1.77</td></tr><tr><td>Safe Midstream</td><td>5.5%</td><td>6.0%</td><td>11.5%</td><td>8.1%</td><td>5.9%</td><td>12.3</td><td>1.77</td></tr><tr><td>Dividend Aristocrats</td><td>2.2%</td><td>8.9%</td><td>11.1%</td><td>7.8%</td><td>5.6%</td><td>12.9</td><td>1.72</td></tr><tr><td>REITs + Growth</td><td>1.8%</td><td>8.9%</td><td>10.6%</td><td>7.4%</td><td>5.2%</td><td>13.7</td><td>1.67</td></tr><tr><td>S&amp;P 500</td><td>1.4%</td><td>8.5%</td><td>9.9%</td><td>7.0%</td><td>4.8%</td><td>15.1</td><td>1.59</td></tr><tr><td>Realty Income</td><td>4.6%</td><td>5.2%</td><td>9.8%</td><td>6.9%</td><td>4.7%</td><td>15.4</td><td>1.58</td></tr><tr><td>Dividend Growth</td><td>1.6%</td><td>8.0%</td><td>9.6%</td><td>6.7%</td><td>4.5%</td><td>15.9</td><td>1.56</td></tr><tr><td>REITs</td><td>2.9%</td><td>6.5%</td><td>9.4%</td><td>6.6%</td><td>4.4%</td><td>16.4</td><td>1.54</td></tr><tr><td>60/40 Retirement Portfolio</td><td>2.1%</td><td>5.1%</td><td>7.2%</td><td>5.1%</td><td>2.9%</td><td>24.9</td><td>1.33</td></tr><tr><td>10-Year US Treasury</td><td>2.3%</td><td>0.0%</td><td>2.3%</td><td>1.6%</td><td>-0.5%</td><td>-131.1</td><td>0.95</td></tr></tbody></table><p><i>(Source: Morningstar, FactSet, Ycharts)</i></p><p>Both companies are expected to beat the S&amp;P 500 over time, though FB merely to match the Nasdaq while GOOG is expected to run circles around big tech.</p><p>What kind of difference does 2.6% per year in potential extra returns actually mean for your life?</p><h4>Inflation-Adjusted Consensus Return Forecast: $1,000 Initial Investment</h4><table><colgroup></colgroup><tbody><tr><td><b>Time Frame (Years)</b></td><td><b>7.7% CAGR Inflation-Adjusted S&amp;P Consensus</b></td><td><b>11.9% Inflation-Adjusted GOOG Consensus</b></td><td><b>9.3% CAGR Inflation-Adjusted FB Consensus</b></td><td><b>Difference Between Inflation Adjusted GOOG and FB Consensus Returns</b></td></tr><tr><td>5</td><td>$1,449.03</td><td>$1,756.06</td><td>$1,561.34</td><td>$194.71</td></tr><tr><td>10</td><td>$2,099.70</td><td>$3,083.73</td><td>$2,437.79</td><td>$645.95</td></tr><tr><td>15</td><td>$3,042.53</td><td>$5,415.21</td><td>$3,806.22</td><td>$1,608.99</td></tr><tr><td>20</td><td>$4,408.74</td><td>$9,509.42</td><td>$5,942.82</td><td>$3,566.60</td></tr><tr><td>25</td><td>$6,388.41</td><td>$16,699.08</td><td>$9,278.77</td><td>$7,420.31</td></tr><tr><td>30</td><td>$9,257.02</td><td>$29,324.53</td><td>$14,487.34</td><td>$14,837.19</td></tr></tbody></table><p><i>(Source: Morningstar, FactSet, Ycharts)</i></p><p>Both FB and GOOG are likely to generate good returns but GOOG could turn a modest investment today into a potentially small fortune in the coming decades.</p><table><colgroup></colgroup><tbody><tr><td><b>Time Frame (Years)</b></td><td><b>Ratio Inflation-Adjusted GOOG and FB Consensus</b></td></tr><tr><td>5</td><td>1.12</td></tr><tr><td>10</td><td>1.26</td></tr><tr><td>15</td><td>1.42</td></tr><tr><td>20</td><td>1.60</td></tr><tr><td>25</td><td>1.80</td></tr><tr><td>30</td><td>2.02</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>In fact, GOOG could potentially double FB&#39;s 30-year returns if both companies grow as analysts currently expect.</p><h2>Short &amp; Medium-Term Total Return Potential: Tie</h2><p><b>Meta 2024 Consensus Return Potential </b></p><p></p><p><img src=\"https://static.tigerbbs.com/5f903c32f63dbb4cfa5efa19492b8a0f\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>FB growing at 11.5% is worth about 20.5X earnings based on the company&#39;s historical PEG ratio.</p><ul><li>analyst 12-month consensus forecast is for 21.9 PE</li></ul><p>This means that if FB grows as expected through 2024 it could deliver about 18% annular returns, far more than the 17% overvalued S&amp;P 500 is likely to generate.</p><p>What about the next five years?</p><h4>S&amp;P 500 2027 Consensus Return Potential</h4><table><colgroup></colgroup><tbody><tr><td><b>Year</b></td><td><b>Upside Potential By End of That Year</b></td><td><b>Consensus CAGR Return Potential By End of That Year</b></td><td><b>Probability-Weighted Return (Annualized)</b></td><td><p><b>Inflation And Risk-Adjusted Expected Returns</b></p></td></tr><tr><td>2027</td><td>34.75%</td><td>6.15%</td><td>4.61%</td><td>1.27%</td></tr></tbody></table><p><i>(Source: DK S&amp;P 500 Valuation And Total Return Tool)</i></p><p>For context, analysts expect 35% returns from the S&amp;P 500, which adjusted for inflation and risk is 1% compared to the market&#39;s historical 6% to 7% real return.</p><h4><b>Meta 2027 Consensus Return Potential</b></h4><p></p><p><img src=\"https://static.tigerbbs.com/66d31fef78452199e2961d8d89d65454\" tg-width=\"275\" tg-height=\"365\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>FB could more than double your money if it grows as analysts expect over the next five years.</p><ul><li>3.2X the S&amp;P 500 consensus</li></ul><h2><b>GOOG 2024 Consensus Return Potential </b></h2><p></p><p><img src=\"https://static.tigerbbs.com/bc664bb22e0ba08e06de0e9bbed286c3\" tg-width=\"640\" tg-height=\"271\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>GOOG could deliver 13% annual returns through 2024 if it grows as expected.</p><p>In the past GOOG has grown as slowly as 11% and billions of investors still paid 25.7X earnings, meaning that its historical market-fair value multiple of 25 to 26X earnings should still be valid.</p><h4><b>GOOG 2027 Consensus Return Potential</b></h4><p></p><p><img src=\"https://static.tigerbbs.com/e36d07a6169cb075678d6646bca01679\" tg-width=\"399\" tg-height=\"511\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>Thanks to GOOG&#39;s faster growth rate analysts expect both companies to potentially deliver identical returns.</p><ul><li>about 14% annually over the next five years</li><li>also 3.2X better than the S&amp;P 500</li></ul><h2>Bottom Line: Both Are Great Companies But In The Battle Of Meta And Alphabet There Is One Clear Winner</h2><p></p><p><img src=\"https://static.tigerbbs.com/5dea4bc19b8951f30e1b2bea40e989b9\" tg-width=\"640\" tg-height=\"314\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p><img src=\"https://static.tigerbbs.com/507426f09d401e866c66a1f1dd597e4f\" tg-width=\"640\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p></p><p>Both Alphabet and Meta are wonderful companies, and as close to perfect growth blue-chip opportunities as you can find on Wall Street right now.</p><ul><li>far superior valuation</li><li>superior quality</li><li>superior long-term return potential to the S&amp;P 500</li></ul><p>However, when we examine both companies in their entirety one fact is clear.</p><ul><li>GOOG is a higher quality company</li><li>GOOG is a faster-growing company (<i>with potentially 2X better long-term return potential than FB</i>)</li><li>GOOG has far better long-term risk management (to deal with the disruption the digital advertising industry is currently facing)</li><li>GOOG has superior return on capital and a more stable moat</li></ul><p>While FB offers superior valuation and potentially double the short-term return potential, it&#39;s a speculative blue-chip currently going through the largest business pivot in the company&#39;s history.</p><p>In contrast, GOOG is a faster-growing Ultra SWAN that is expected to buy back almost $400 billion worth of stock in the next five years, double that of FB.</p><p>Simply put, if you can only buy one of these growth legends today, I recommend Alphabet, and that&#39;s why I have it as a core growth position in my correction plan.</p><p>Not just for the next few weeks, but all of 2022 and beyond.</p><p>Because at the end of the day, when you focus on safety and quality first, and prudent valuation and sound risk-management always, you never have to pray for luck on Wall Street, you make your own.</p><blockquote>Luck is what happens when preparation meets, opportunity.&#34; - Roman philosopher Seneca the younger</blockquote></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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Meta: One Is The Much Better Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet Vs. Meta: One Is The Much Better Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-27 09:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years. Alphabet And Meta Returns Since ...</p>\n\n<a href=\"https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4524":"宅经济概念","BK4553":"喜马拉雅资本持仓","BK4566":"资本集团","BK4508":"社交媒体","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4573":"虚拟现实","BK4554":"元宇宙及AR概念","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4579":"人工智能","BK4077":"互动媒体与服务","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4503":"景林资产持仓","BK4525":"远程办公概念"},"source_url":"https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2221071429","content_text":"FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years. Alphabet And Meta Returns Since 2013Portfolio Visualizer PremiumIn fact, both have crushed even the red hot Nasdaq during one of the hottest tech bull runs in US history, delivering Buffett-like 25% returns that resulted in an 8X return.YchartsWhile the market is currently in a correction, and growth stocks have been especially hard hit, Meta has been crushed, falling into a 50% bear market.I've bought both growth legends in this correction, but one is a core growth name in my correction plan, and the other is a non-core holding.So let me explain why both Meta and Alphabet are great companies, worth owning, and even buying more of right now.However, a careful examination of both of their fundamentals makes it clear that Alphabet is the global king of digital marketing, and this is likely to remain the case for the foreseeable future.The Challenge Facing Digital Marketers Right NoweMarketerGOOG, FB, and Amazon (AMZN) have a triopoly on US digital marketing, commanding an estimated 65% of the market.Both GOOG and FB are losing market share to AMZN because Amazon's ads are 3X as effective at converting to actual sales.That's because Amazon has spent decades gathering customer sales data and knows what its customers want better than anyone on earth.Apple's (AAPL) recent privacy shift in iOS, makes it much easier to opt out of data tracking, and 62% of iPhone users have indeed opted out.This has proven a hammer blow to FB, which management says could cost it $10 billion in 2022 alone.GOOG is less at risk since it still has the search data it can use to optimize for targeted ads.AMZN is the least at risk since it relies far less on cookie tracking than its rivals.This kind of business model disruption is part of FB and GOOG's risk profile, which brings us to our first point of comparison.Long-Term Risk Management: Winner AlphabetHow do we quantify, monitor, and track such a complex risk profile? By doing what big institutions do.Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk4 Things You Need To Know To Profit From ESG InvestingWhat Investors Need To Know About Company Long-Term Risk Management (Video)Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.ESG is NOT \"political or personal ethics based investing\"it's total long-term risk management analysisESG is just normal risk by another name.\" Simon MacMahon, head of ESG and corporate governance research, Sustainalytics\" - MorningstarESG factors are taken into consideration, alongside all other credit factors, when we consider they are relevant to and have or may have a material influence on creditworthiness.\" - S&PESG is a measure of risk, not of ethics, political correctness, or personal opinion.S&P, Fitch, Moody's, DBRS (Canadian rating agency), AMBest (insurance rating agency), R&I Credit Rating (Japanese rating agency), and the Japan Credit Rating Agency have been using ESG models in their credit ratings for decades.every credit rating for the last 30 years has included these risk models, you just weren't aware of it credit and risk management ratings make up 41% of the DK safety and quality modeldividend/balance sheet/risk ratings make up 82% of the DK safety and quality modelEvery major financial institution also tracks long-term risk management and considers it essential to sound long-term investing including,BlackRockMSCIJPMorganWells FargoBank of AmericaDeutsche Bankvirtually every major financial institution in the worldWe use six rating agencies to get a consensus risk management percentile, comparing how well a company manages its risk relative to its peers.For context:master list average: 62nd percentiledividend kings: 63rd percentiledividend aristocrats: 67th percentileUltra SWANs: 71st percentileThe better a company's risk management consensus the more likely it will be able to adapt to challenges to its business model, as we're seeing now with GOOG and FB.Meta Long-Term Risk-Management ConsensusRating AgencyIndustry PercentileRating Agency ClassificationMSCI 37 Metric Model26.0%B Industry Laggard, Negative TrendMorningstar/Sustainalytics 20 Metric Model0.7%32.4/100 High-RiskReuters'/Refinitiv 500+ Metric Model88.9%GoodS&P 1,000+ Metric Model18.0%Very Poor- Stable TrendJust Capital 19 Metric Model50.0%AverageFactSet30.0%Below-Average Stable TrendMorningstar Global Percentile30.6%Below-AverageJust Capital Global Percentile25.4%PoorConsensus33.7%Below-Average (verging on poor) - medium risk(Sources: MSCI, Morningstar, Reuters', Just Capital, S&P, FactSet Research)The rating agency consensus is that FB is below-average at managing its risk, verging on poor.Now contrast that with GOOG.Alphabet Long-Term Risk-Management ConsensusRating AgencyIndustry PercentileRating Agency ClassificationMSCI 37 Metric Model53.0%BBB Average, Negative TrendMorningstar/Sustainalytics 20 Metric Model39.7%24.3/100 Medium-RiskReuters'/Refinitiv 500+ Metric Model85.88%GoodS&P 1,000+ Metric Model47.0%Average- Positive TrendJust Capital 19 Metric Model100.00%#1 Industry LeaderFactSet30.0%Below-Average Stable TrendMorningstar Global Percentile60.88Above-AverageJust Capital Global Percentile100%#1 Industry Leader, #1 Company In AmericaConsensus64.6%Above-Average - low risk (Sources: MSCI, Morningstar, Reuters', Just Capital, S&P, FactSet Research)GOOG doesn't just manage its long-term risk better than FB, it's beating FB by 31%.far more likely to successfully deal with privacy policy shifts, regulators, and every other major risk to its business modelAnd risk-management isn't the only factor in which GOOG outshines FB by a wide margin.Overall Quality: Winner, AlphabetThe Dividend King's overall quality scores are based on a 241 point model that includes:dividend safetybalance sheet strengthcredit ratingscredit default swap medium-term bankruptcy risk datashort and long-term bankruptcy riskaccounting and corporate fraud riskprofitability and business modelgrowth consensus estimatesmanagement growth guidancehistorical earnings growth rateshistorical cash flow growth rateshistorical dividend growth rateshistorical sales growth ratescost of capitallong-term risk-management scores from MSCI, Morningstar, FactSet, S&P, Reuters'/Refinitiv, and Just Capitalmanagement qualitydividend friendly corporate culture/income dependabilitylong-term total returns (a Ben Graham sign of quality)analyst consensus long-term return potentialIt actually includes over 1,000 metrics if you count everything factored in by 12 rating agencies we use to assess fundamental risk.credit and risk management ratings make up 41% of the DK safety and quality modeldividend/balance sheet/risk ratings make up 82% of the DK safety and quality modelHow do we know that our safety and quality model works well?During the two worst recessions in 75 years, our safety model predicted 87% of blue-chip dividend cuts during the ultimate baptism by fire for any dividend safety model.That's because we don't miss anything important about a company's fundamental safety and quality.So how do GOOG and FB stack up on one of the world's most comprehensive and accurate safety and quality models?Meta: A Speculative 11/19 Quality Blue-ChipMeta Balance Sheet SafetyRatingDividend Kings Safety Score (151 Point Safety Model)Approximate Dividend Cut Risk (Average Recession)Approximate Dividend Cut Risk In Pandemic Level Recession1 - unsafe0% to 20%over 4%16+%2- below average21% to 40%over 2%8% to 16%3 - average41% to 60%2%4% to 8%4 - safe61% to 80%1%2% to 4%5- very safe81% to 100%0.5%1% to 2%FB100%NANARisk RatingMedium Risk (34th industry percentile risk-management consensus)Effective AAA stable outlook credit rating 0.07% 30-year bankruptcy risk2.5% OR LESS Max Risk Cap Recommendation - speculative, turnaround stockLong-Term DependabilityCompanyDK Long-Term Dependability ScoreInterpretationPointsNon-Dependable Companies21% or belowPoor Dependability1Low Dependability Companies22% to 60%Below-Average Dependability2S&P 500/Industry Average61% (58% to 70% range)Average Dependability3Above-Average71% to 80%Very Dependable4Very Good81% or higherExceptional Dependability5FB67%Average Dependability3Overall QualityFBFinal ScoreRatingSafety100%5/5 very safeBusiness Model100%3/3 wide moatDependability67%3/5 average dependabilityTotal84%11/13 Speculative Blue-ChipRisk Rating2/3 Medium Risk2.5% OR LESS Max Risk Cap Rec - speculative, turnaround stock20% Margin of Safety For A Potentially Good BuyAnd here's GOOG.Alphabet: A 13/13 Quality Ultra SWANAlphabet Balance Sheet SafetyRatingDividend Kings Safety Score (151 Point Safety Model)Approximate Dividend Cut Risk (Average Recession)Approximate Dividend Cut Risk In Pandemic Level Recession1 - unsafe0% to 20%over 4%16+%2- below average21% to 40%over 2%8% to 16%3 - average41% to 60%2%4% to 8%4 - safe61% to 80%1%2% to 4%5- very safe81% to 100%0.5%1% to 2%GOOG100%NANARisk RatingLow Risk (65th industry percentile risk-management consensus)AA+ stable outlook credit rating 0.29% 30-year bankruptcy risk20% OR LESS Max Risk Cap RecommendationLong-Term DependabilityCompanyDK Long-Term Dependability ScoreInterpretationPointsNon-Dependable Companies21% or belowPoor Dependability1Low Dependability Companies22% to 60%Below-Average Dependability2S&P 500/Industry Average61% (58% to 70% range)Average Dependability3Above-Average71% to 80%Very Dependable4Very Good81% or higherExceptional Dependability5GOOG89%Exceptional Dependability5Overall QualityGOOGFinal ScoreRatingSafety100%5/5 very safeBusiness Model100%3/3 wide moatDependability89%5/5 exceptionalTotal95%13/13 Ultra SWANRisk Rating3/3 Low Risk20% OR LESS Max Risk Cap Rec5% Margin of Safety For A Potentially Good BuyMeta: 114th highest quality company on the Masterlist: 78th percentileAlphabet: 39th highest quality: 92nd percentileBoth companies are exceptionally high quality given that our company database is one of the best in the world.The DK 500 Master List includes the world's highest quality companies including:All dividend championsAll dividend aristocratsAll dividend kingsAll global aristocrats (such as BTI, ENB, and NVS)All 13/13 Ultra Swans (as close to perfect quality as exists on Wall Street)48 of the world's best growth stocks (on its way to 100)But when it comes to overall quality, factoring in over 1,000 fundamental metrics, the winner is clearly once more Alphabet.Why is GOOG the hands-down winner in this quality fight with FB?CompanyQuality Rating (out Of 13)Quality Score (Out Of 100)Dividend/Balance Sheet Safety Rating (out of 5)Safety Score (Out Of 100)Dependability Rating (Out Of 5)Dependability Score (out Of 100)Meta Platforms11 Speculative Blue-Chip84%5 Very Safe100%3 average67%Alphabet13 Ultra SWAN95%5 Very Safe100%5 exceptional89%(Source: DK Research Terminal)Both FB and Meta have exceptionally strong balance sheets, making the risk of bankruptcy as close to zero as you can find on Wall Street.Alphabet's Balance Sheet: AA+ Rated By S&PGuruFocus PremiumGOOG has $140 billion in cash and just $13 billion in debt.Its advanced accounting metrics (F, Z, and M-score) are exceptional.F-score is a measure of short-term bankruptcy risk4+ is safe, 7+ very safe and GOOG's is 8M-score is 84% to 92% accurate at forecasting long-term bankruptcies1.81+ is safe, 3+ is very safe and GOOG's is 13.04M-score is 76% accurate at catching accounting fraud, and 82.5% accurate at finding companies with honest accounting-1.78 or lower is safe and GOOG's is -2.48Meta's Balance Sheet: Effectively AAAGuruFocus PremiumThe only \"debt\" Meta has is receivables, it actually carries no long-term debt.That is why it's the largest company on earth that doesn't pay the $500K per year for a credit rating.However, given its current and historical advanced credit metrics, as well as its exceptionally strong solvency ratios (current ratio, quick ratio, and cash ratios), I'm highly confident that it would be AAA-rated.because it's literally not possible for FB to default on debt it doesn't haveCredit Rating30-Year Bankruptcy ProbabilityAAA (Meta)0.07%AA+ (Alphabet)0.29%AA0.51%AA-0.55%A+0.60%A0.66%A-2.5%BBB+5%BBB7.5%BBB-11%BB+14%BB17%BB-21%B+25%B37%B-45%CCC+52%CCC59%CCC-65%CC70%C80%D100%(Sources: S&P, University of St. Petersberg)This means the fundamental risk of losing all your money over the next 30 years buying FB or GOOG today is approximately1 in 1,429 for FB1 in 345 for GOOGAnd both companies' balance sheets are expected to keep getting stronger over time.Alphabet: Consensus $441 Billion In Net Cash By 2027 FactSet Research TerminalMeta: Consensus $71 Billion In Net Cash By 2027FactSet Research TerminalNow let's consider profitability, Wall Street's favorite quality proxy.Profitability: Winner, Meta By A Small AmountMeta Profitability Vs PeersGurufocus PremiumAlphabet Profitability Vs PeersGurufocus PremiumBoth companies are profit-minting machines.YchartsThese are two of the most profitable companies on earth, and their industry-leading profitability has been stable or improving for over a decade, confirming a wide and stable moat.FactSet Research TerminalFB's free cash flow is expected to keep growing and reach $77 billion in 2027.This is expected to result in impressive buybacks in the coming years.$219 billion in consensus buybacks through 202738% of shares at current valuationsFactSet Research TerminalGOOG's annual free cash flow is expected to grow to $139 billion in 2027, allowing it to undertake even more impressive buybacks.$380 billion in consensus buybacks through 202721% of shares at current valuationsNow let's consider one important profitability metric in particular.Return on capital or ROC is Joel Greenblatt's gold standard proxy for quality and moatiness.ROC = pre-tax profit/operating capital (the money it takes to run the business).S&P 500's average in 2021 was 14.6% (average investment pays for itself in 7 years)CompanyROC (Greenblatt)ROC Industry Percentile13-Year Median ROC5-Year ROC Trend (OTC:CAGR)Meta Platforms74%65%95%-16%Alphabet87%67%74%-7%(Source: DK Research Terminal, FactSet)In the past year, GOOG's return on capital was higher than FB's and it's also above its 13-year median indicating a more stable moat.In other words, when it comes to profitability, FB edges out GOOG by a small amount, except in terms of return on capital, where it's once more the winner.Valuation: Winner, MetaCompanyAverage Fair ValueCurrent PriceDiscount To Fair ValueDK RatingPE 2022PEG 2022Meta Platforms$265.75$214.3519.6%Potentially Reasonable Buy17.191.49Alphabet$3,161.89$2,771.9212.3%Potentially Good Buy23.511.67(Source: DK Research Terminal, FactSet)FB is trading at a slightly lower valuation and a higher margin of safety, though not quite high enough for me to consider it a good buy.20% discount is needed to make FB a potentially good buy given its lower quality and risk profileIf we back out cash we see that FB is once more the more undervalued company.FB EV/EBITDA: 9.5GOOG EV/EBITDA: 14.5However, both companies are trading at highly attractive valuations.Company12-Month Consensus Total Return Potential12-Month Fundamentally Justified Upside Total Return PotentialMeta Platforms48.47%23.98%Alphabet25.77%14.11%(Source: DK Research Terminal, FactSet)This is why analysts expect both to deliver very strong returns, though FB potentially much more than GOOG.Of course, what happens in the next year doesn't matter as much as the kind of returns both companies can deliver over the long-term.Long-Term Total Return Potential: Winner, AlphabetCompanyYieldFactSet Long-Term Consensus Growth RateLT Consensus Total Return PotentialRisk-Adjusted Expected ReturnMeta Platforms0.00%11.5%11.5%8.1%Alphabet0.00%14.1%14.1%9.9%(Source: DK Research Terminal, FactSet)GOOG is expected to grow significantly faster than FB over time, resulting in far better long-term returns.Investment StrategyYieldLT Consensus GrowthLT Consensus Total Return PotentialLong-Term Risk-Adjusted Expected ReturnLong-Term Inflation And Risk-Adjusted Expected ReturnsYears To Double Your Inflation & Risk-Adjusted Wealth10 Year Inflation And Risk-Adjusted ReturnEurope2.6%12.8%15.4%10.7%8.6%8.42.27Value2.1%12.1%14.1%9.9%7.7%9.32.10Alphabet0.0%14.1%14.1%9.9%7.7%9.42.10High-Yield2.8%11.3%14.1%9.9%7.7%9.42.10High-Yield + Growth1.7%11.0%12.7%8.9%6.7%10.81.91Safe Midstream + Growth3.3%8.5%11.8%8.3%6.1%11.81.80Meta0.0%11.50%11.5%8.1%5.9%12.31.77Nasdaq (Growth)0.8%10.7%11.5%8.1%5.9%12.31.77Safe Midstream5.5%6.0%11.5%8.1%5.9%12.31.77Dividend Aristocrats2.2%8.9%11.1%7.8%5.6%12.91.72REITs + Growth1.8%8.9%10.6%7.4%5.2%13.71.67S&P 5001.4%8.5%9.9%7.0%4.8%15.11.59Realty Income4.6%5.2%9.8%6.9%4.7%15.41.58Dividend Growth1.6%8.0%9.6%6.7%4.5%15.91.56REITs2.9%6.5%9.4%6.6%4.4%16.41.5460/40 Retirement Portfolio2.1%5.1%7.2%5.1%2.9%24.91.3310-Year US Treasury2.3%0.0%2.3%1.6%-0.5%-131.10.95(Source: Morningstar, FactSet, Ycharts)Both companies are expected to beat the S&P 500 over time, though FB merely to match the Nasdaq while GOOG is expected to run circles around big tech.What kind of difference does 2.6% per year in potential extra returns actually mean for your life?Inflation-Adjusted Consensus Return Forecast: $1,000 Initial InvestmentTime Frame (Years)7.7% CAGR Inflation-Adjusted S&P Consensus11.9% Inflation-Adjusted GOOG Consensus9.3% CAGR Inflation-Adjusted FB ConsensusDifference Between Inflation Adjusted GOOG and FB Consensus Returns5$1,449.03$1,756.06$1,561.34$194.7110$2,099.70$3,083.73$2,437.79$645.9515$3,042.53$5,415.21$3,806.22$1,608.9920$4,408.74$9,509.42$5,942.82$3,566.6025$6,388.41$16,699.08$9,278.77$7,420.3130$9,257.02$29,324.53$14,487.34$14,837.19(Source: Morningstar, FactSet, Ycharts)Both FB and GOOG are likely to generate good returns but GOOG could turn a modest investment today into a potentially small fortune in the coming decades.Time Frame (Years)Ratio Inflation-Adjusted GOOG and FB Consensus51.12101.26151.42201.60251.80302.02(Source: DK Research Terminal, FactSet)In fact, GOOG could potentially double FB's 30-year returns if both companies grow as analysts currently expect.Short & Medium-Term Total Return Potential: TieMeta 2024 Consensus Return Potential FAST Graphs, FactSet ResearchFB growing at 11.5% is worth about 20.5X earnings based on the company's historical PEG ratio.analyst 12-month consensus forecast is for 21.9 PEThis means that if FB grows as expected through 2024 it could deliver about 18% annular returns, far more than the 17% overvalued S&P 500 is likely to generate.What about the next five years?S&P 500 2027 Consensus Return PotentialYearUpside Potential By End of That YearConsensus CAGR Return Potential By End of That YearProbability-Weighted Return (Annualized)Inflation And Risk-Adjusted Expected Returns202734.75%6.15%4.61%1.27%(Source: DK S&P 500 Valuation And Total Return Tool)For context, analysts expect 35% returns from the S&P 500, which adjusted for inflation and risk is 1% compared to the market's historical 6% to 7% real return.Meta 2027 Consensus Return PotentialFAST Graphs, FactSet ResearchFB could more than double your money if it grows as analysts expect over the next five years.3.2X the S&P 500 consensusGOOG 2024 Consensus Return Potential FAST Graphs, FactSet ResearchGOOG could deliver 13% annual returns through 2024 if it grows as expected.In the past GOOG has grown as slowly as 11% and billions of investors still paid 25.7X earnings, meaning that its historical market-fair value multiple of 25 to 26X earnings should still be valid.GOOG 2027 Consensus Return PotentialFAST Graphs, FactSet ResearchThanks to GOOG's faster growth rate analysts expect both companies to potentially deliver identical returns.about 14% annually over the next five yearsalso 3.2X better than the S&P 500Bottom Line: Both Are Great Companies But In The Battle Of Meta And Alphabet There Is One Clear WinnerDividend Kings Automated Investment Decision ToolDividend Kings Automated Investment Decision ToolBoth Alphabet and Meta are wonderful companies, and as close to perfect growth blue-chip opportunities as you can find on Wall Street right now.far superior valuationsuperior qualitysuperior long-term return potential to the S&P 500However, when we examine both companies in their entirety one fact is clear.GOOG is a higher quality companyGOOG is a faster-growing company (with potentially 2X better long-term return potential than FB)GOOG has far better long-term risk management (to deal with the disruption the digital advertising industry is currently facing)GOOG has superior return on capital and a more stable moatWhile FB offers superior valuation and potentially double the short-term return potential, it's a speculative blue-chip currently going through the largest business pivot in the company's history.In contrast, GOOG is a faster-growing Ultra SWAN that is expected to buy back almost $400 billion worth of stock in the next five years, double that of FB.Simply put, if you can only buy one of these growth legends today, I recommend Alphabet, and that's why I have it as a core growth position in my correction plan.Not just for the next few weeks, but all of 2022 and beyond.Because at the end of the day, when you focus on safety and quality first, and prudent valuation and sound risk-management always, you never have to pray for luck on Wall Street, you make your own.Luck is what happens when preparation meets, opportunity.\" - Roman philosopher Seneca the younger","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805712788,"gmtCreate":1627906457044,"gmtModify":1703497584149,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805712788","repostId":"1191057621","repostType":4,"repost":{"id":"1191057621","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627905199,"share":"https://ttm.financial/m/news/1191057621?lang=&edition=fundamental","pubTime":"2021-08-02 19:53","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1191057621","media":"Tiger Newspress","summary":"Futures rise amid earnings optimism; Dollar dips.\nSquare, Moderna, First Solar and more made the big","content":"<ul>\n <li>Futures rise amid earnings optimism; Dollar dips.</li>\n <li>Square, Moderna, First Solar and more made the biggest moves in the premarket.</li>\n <li>Treasuries steady; crude oil declines on China outlook.</li>\n</ul>\n<p>(August&nbsp;2)&nbsp;U.S. index futures gained along with European stocks as upbeat earnings and a surge in corporatedealmakinglifted sentiment, offsetting lingering concerns over China’s regulatory crackdown and the spread of the delta virus variant.</p>\n<p>U.S. S&amp;P 500 E-minis were up 19.5 points, or 0.44%, at 07:52 a.m. ET. Dow E-minis gained 118 points, or 0.34%, while Nasdaq 100 E-minis rose 66.75 points, or 0.45%.</p>\n<p><img src=\"https://static.tigerbbs.com/ffb408f47638770562209367ca7ab1f1\" tg-width=\"1242\" tg-height=\"517\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>1)&nbsp;Square(SQ)</b> – The digital payments company agreed to buy Australia’s Afterpayfor about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders. Square shares fell 4.8% in the premarket, but news of the deal boosted shares of U.S.-based payment companyAffirm(AFRM) by 8.2%.</p>\n<p><b>2)&nbsp;Zoom Video(ZM) </b>– The video conferencing companyagreed to pay $85 millionto settle a lawsuit accusing it violated the privacy rights of users. It also agreed to beef up its security practices to prevent so-called “Zoombombing,” where hackers disrupted Zoom meetings.</p>\n<p><b>3)&nbsp;General Electric(GE)</b> – GE has completed its previously announced one-for-eight reverse stock split and will begin trading on a post-split basis today.</p>\n<p><b>4)&nbsp;Moderna(MRNA),Pfizer(PFE),BioNTech(BNTX)</b> – Moderna and Pfizer both raised prices for their Covid-19 vaccines in their latest supply contracts, according to the Financial Times. Additionally, The Wall Street Journal reported that the Food and Drug Administration is under pressure to give both vaccines full approval and that this could happen within the next month for Pfizer and partner BioNTech. Moderna rose 2.5% in the premarket, Pfizer gained 1%, while BioNTech surged 5.1%.</p>\n<p><b>5)&nbsp;Foot Locker(FL)</b> – The athletic footwear and apparel retailer announced a deal to buy California-based shoe store chain WSS for $750 million and Japan-based streetwear brand Atmos for $360 million.</p>\n<p><b>6)&nbsp;Uber Technologies(UBER)</b> – Shares of Uber gained 1.1% in premarket trading after Gordon Haskett Research Advisors initiated coverage with a “buy” rating. Haskett called Uber a company that is continually engraining itself in the everyday lives of consumers through its ride-hailing and food delivery services.</p>\n<p><b>7)&nbsp;Capri Holdings(CPRI)</b> – Capri rose 1.2% in the premarket following an upgrade to “buy” from “neutral” at MKM Partners, which noted a string of better than expected quarters for the company behind brands like Michael Kors and Versace. MKM also cited an overall improvement in the luxury goods sector.</p>\n<p><b>8)&nbsp;Discovery(DISCA)</b> – Discovery is in informal talks about a potential bid for British state-owned broadcaster Channel 4, according to Britain’s Telegraph newspaper.</p>\n<p><b>9)&nbsp;Robinhood(HOOD)</b> – More than 300,000 users of the stock trading app bought shares in Robinhood’s initial public offering last week, according to The Wall Street Journal. That represents about 1.3% of the company’s funded account base. Robinhood added 1.5% in premarket trading.</p>\n<p><b>10)&nbsp;Parker-Hannifin(PH)</b> – The maker of motion control technology and other industrial products is buying British rival Meggitt for about $8.8 billion in cash. Parker-Hannifin shares fell 2.2% in premarket action.</p>\n<p><b>11)&nbsp;Li Auto(LI)</b> – The China-based electric vehicle maker delivered 8,589 vehicles in July, an increase of 125% compared to July 2020. Li’s U.S.-based shares surged 4.3% in the premarket.</p>\n<p><b>12)&nbsp;First Solar(FSLR)</b> – The solar power systems maker’s shares gained 2.9% in premarket trading after Susquehanna Financial upgraded the stock to “positive” from “neutral,” based on upbeat management comments on solar module demand and pricing.</p>\n<p><b>In FX,</b>a relatively sedate start to the new week and month, but the Dollar has lost some recovery momentum and is moderately softer vs high beta and cyclical counterparts amidst a general improvement in risk sentiment. Hence, the index slipped back beneath 92.000 within a 92.174-91.962 band before finding a base and awaiting the final US Markit manufacturing PMI, construction spending and ISM in particular for the survey breakdown and first jobs proxy for Friday’s NFP.</p>\n<ul>\n <li>AUD/NZD/EUR/GBP - The Aussie and Kiwi have both regained some composure to pare overnight losses incurred on the back of further COVID restrictions, a Chinese manufacturing PMI miss, technical and cross-related factors. However, Aud/Usd remains heavy above 0.7350 and unlikely to trouble hefty option expiry interest at the 0.7400 strike (1.2 bn) ahead of the RBA tomorrow given expectations that the ongoing pandemic outbreaks could well force the Bank to backtrack on QE tapering plans. Meanwhile, Nzd/Usd is still rotating around the 21 DMA that comes in at 0.6979 today having failed to retain grasp of the 0.7000 handle, and the Euro is back below 1.1900 where 1.4 bn option expiries reside in wake of broadly softer than expected Eurozone manufacturing PMIs, bar Germany’s upgrade. Conversely, Cable is back over 1.3900 and Eur/Gbp is holding under 0.8550 following an unrevised final UK manufacturing PMI in advance of Thursday’s BoE.</li>\n <li>CAD/JPY/CHF - All very narrowly divergent vs the Greenback, and the Loonie holding up well in the face of weakness in WTI crude circa 1.2470, while the Yen is meandering from 109.60-77 in the run up to Tokyo inflation data on Tuesday and the Franc is straddling 0.9055 after in line Swiss CPI, a slowdown in retail sales vs pick up in the manufacturing PMI and weekly sight deposits showing just a small rise on domestic bank balances.</li>\n <li>SCANDI/EM - Contrasting manufacturing PMIs from Sweden and Norway, as the former dipped and latter gathered pace, but the Sek is straddling 10.2100 against the Eur with assistance from the aforementioned pick-up in overall risk appetite, while the Nok wanes within a 10.4910-10.4530 range due to a pull-back in Brent prices from Usd 75+/brl towards Usd 74.00.</li>\n</ul>\n<p><b>In commodities,</b>WTI and Brent have commenced the week on the backfoot, with the benchmarks lower by USD 1.00/bbl on the session. Such pressure comes in spite of the generally modestly constructive risk tone in a quiet European session with final PMIs not moving the dial much; with attention more on the weeks macro themes as outlined above. In crude specifics, updates have been very sparse throughout the session and as such the complex is more focus on COVID-19 related dynamics. With the demand-side of the equation torn between the ongoing case increases in Tokyo, among other areas, but on the flip-side supported by a push from top UK Cabinet Officials for an easing of travel restrictions and more broadly as NIH’s Fauci now does not believe the US is likely to return to lockdowns. Elsewhere, attention is on the geopolitical front and specifically last week’s attack on a ship off the Oman coast on which the US Secretary of State is confident that Iran is behind this attack. Moving to metals, spot gold and silver are modestly pressured with not too much read across from a choppy USD as we stand and likely on the back of the aforementioned broader risk tone; for reference, the yellow metal still holds the USD 1800/oz mark. Separately, much of the mornings focus is on copper where BHPs Escondida, Chile facility is facing strike action after the union rejected BHPs final labour offer. As such, Government-mediated discussions will last for 5-10 days and if the status quo is maintained and there is no breakthrough then strike action will formally commence. Given the uncertainty, LME Copper is supported on the session albeit still well off the pivotal USD 10k/t mark vs the current high USD 9799/t.</p>\n<p><b>US Event Calendar</b></p>\n<ul>\n <li>9:45am: July Markit US Manufacturing PMI, est. 63.1, prior 63.1</li>\n <li>10am: June Construction Spending MoM, est. 0.5%, prior -0.3%</li>\n <li>10am: July ISM Manufacturing, est. 60.9, prior 60.6</li>\n</ul>","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 Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\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\">2021-08-02 19:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Futures rise amid earnings optimism; Dollar dips.</li>\n <li>Square, Moderna, First Solar and more made the biggest moves in the premarket.</li>\n <li>Treasuries steady; crude oil declines on China outlook.</li>\n</ul>\n<p>(August&nbsp;2)&nbsp;U.S. index futures gained along with European stocks as upbeat earnings and a surge in corporatedealmakinglifted sentiment, offsetting lingering concerns over China’s regulatory crackdown and the spread of the delta virus variant.</p>\n<p>U.S. S&amp;P 500 E-minis were up 19.5 points, or 0.44%, at 07:52 a.m. ET. Dow E-minis gained 118 points, or 0.34%, while Nasdaq 100 E-minis rose 66.75 points, or 0.45%.</p>\n<p><img src=\"https://static.tigerbbs.com/ffb408f47638770562209367ca7ab1f1\" tg-width=\"1242\" tg-height=\"517\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>1)&nbsp;Square(SQ)</b> – The digital payments company agreed to buy Australia’s Afterpayfor about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders. Square shares fell 4.8% in the premarket, but news of the deal boosted shares of U.S.-based payment companyAffirm(AFRM) by 8.2%.</p>\n<p><b>2)&nbsp;Zoom Video(ZM) </b>– The video conferencing companyagreed to pay $85 millionto settle a lawsuit accusing it violated the privacy rights of users. It also agreed to beef up its security practices to prevent so-called “Zoombombing,” where hackers disrupted Zoom meetings.</p>\n<p><b>3)&nbsp;General Electric(GE)</b> – GE has completed its previously announced one-for-eight reverse stock split and will begin trading on a post-split basis today.</p>\n<p><b>4)&nbsp;Moderna(MRNA),Pfizer(PFE),BioNTech(BNTX)</b> – Moderna and Pfizer both raised prices for their Covid-19 vaccines in their latest supply contracts, according to the Financial Times. Additionally, The Wall Street Journal reported that the Food and Drug Administration is under pressure to give both vaccines full approval and that this could happen within the next month for Pfizer and partner BioNTech. Moderna rose 2.5% in the premarket, Pfizer gained 1%, while BioNTech surged 5.1%.</p>\n<p><b>5)&nbsp;Foot Locker(FL)</b> – The athletic footwear and apparel retailer announced a deal to buy California-based shoe store chain WSS for $750 million and Japan-based streetwear brand Atmos for $360 million.</p>\n<p><b>6)&nbsp;Uber Technologies(UBER)</b> – Shares of Uber gained 1.1% in premarket trading after Gordon Haskett Research Advisors initiated coverage with a “buy” rating. Haskett called Uber a company that is continually engraining itself in the everyday lives of consumers through its ride-hailing and food delivery services.</p>\n<p><b>7)&nbsp;Capri Holdings(CPRI)</b> – Capri rose 1.2% in the premarket following an upgrade to “buy” from “neutral” at MKM Partners, which noted a string of better than expected quarters for the company behind brands like Michael Kors and Versace. MKM also cited an overall improvement in the luxury goods sector.</p>\n<p><b>8)&nbsp;Discovery(DISCA)</b> – Discovery is in informal talks about a potential bid for British state-owned broadcaster Channel 4, according to Britain’s Telegraph newspaper.</p>\n<p><b>9)&nbsp;Robinhood(HOOD)</b> – More than 300,000 users of the stock trading app bought shares in Robinhood’s initial public offering last week, according to The Wall Street Journal. That represents about 1.3% of the company’s funded account base. Robinhood added 1.5% in premarket trading.</p>\n<p><b>10)&nbsp;Parker-Hannifin(PH)</b> – The maker of motion control technology and other industrial products is buying British rival Meggitt for about $8.8 billion in cash. Parker-Hannifin shares fell 2.2% in premarket action.</p>\n<p><b>11)&nbsp;Li Auto(LI)</b> – The China-based electric vehicle maker delivered 8,589 vehicles in July, an increase of 125% compared to July 2020. Li’s U.S.-based shares surged 4.3% in the premarket.</p>\n<p><b>12)&nbsp;First Solar(FSLR)</b> – The solar power systems maker’s shares gained 2.9% in premarket trading after Susquehanna Financial upgraded the stock to “positive” from “neutral,” based on upbeat management comments on solar module demand and pricing.</p>\n<p><b>In FX,</b>a relatively sedate start to the new week and month, but the Dollar has lost some recovery momentum and is moderately softer vs high beta and cyclical counterparts amidst a general improvement in risk sentiment. Hence, the index slipped back beneath 92.000 within a 92.174-91.962 band before finding a base and awaiting the final US Markit manufacturing PMI, construction spending and ISM in particular for the survey breakdown and first jobs proxy for Friday’s NFP.</p>\n<ul>\n <li>AUD/NZD/EUR/GBP - The Aussie and Kiwi have both regained some composure to pare overnight losses incurred on the back of further COVID restrictions, a Chinese manufacturing PMI miss, technical and cross-related factors. However, Aud/Usd remains heavy above 0.7350 and unlikely to trouble hefty option expiry interest at the 0.7400 strike (1.2 bn) ahead of the RBA tomorrow given expectations that the ongoing pandemic outbreaks could well force the Bank to backtrack on QE tapering plans. Meanwhile, Nzd/Usd is still rotating around the 21 DMA that comes in at 0.6979 today having failed to retain grasp of the 0.7000 handle, and the Euro is back below 1.1900 where 1.4 bn option expiries reside in wake of broadly softer than expected Eurozone manufacturing PMIs, bar Germany’s upgrade. Conversely, Cable is back over 1.3900 and Eur/Gbp is holding under 0.8550 following an unrevised final UK manufacturing PMI in advance of Thursday’s BoE.</li>\n <li>CAD/JPY/CHF - All very narrowly divergent vs the Greenback, and the Loonie holding up well in the face of weakness in WTI crude circa 1.2470, while the Yen is meandering from 109.60-77 in the run up to Tokyo inflation data on Tuesday and the Franc is straddling 0.9055 after in line Swiss CPI, a slowdown in retail sales vs pick up in the manufacturing PMI and weekly sight deposits showing just a small rise on domestic bank balances.</li>\n <li>SCANDI/EM - Contrasting manufacturing PMIs from Sweden and Norway, as the former dipped and latter gathered pace, but the Sek is straddling 10.2100 against the Eur with assistance from the aforementioned pick-up in overall risk appetite, while the Nok wanes within a 10.4910-10.4530 range due to a pull-back in Brent prices from Usd 75+/brl towards Usd 74.00.</li>\n</ul>\n<p><b>In commodities,</b>WTI and Brent have commenced the week on the backfoot, with the benchmarks lower by USD 1.00/bbl on the session. Such pressure comes in spite of the generally modestly constructive risk tone in a quiet European session with final PMIs not moving the dial much; with attention more on the weeks macro themes as outlined above. In crude specifics, updates have been very sparse throughout the session and as such the complex is more focus on COVID-19 related dynamics. With the demand-side of the equation torn between the ongoing case increases in Tokyo, among other areas, but on the flip-side supported by a push from top UK Cabinet Officials for an easing of travel restrictions and more broadly as NIH’s Fauci now does not believe the US is likely to return to lockdowns. Elsewhere, attention is on the geopolitical front and specifically last week’s attack on a ship off the Oman coast on which the US Secretary of State is confident that Iran is behind this attack. Moving to metals, spot gold and silver are modestly pressured with not too much read across from a choppy USD as we stand and likely on the back of the aforementioned broader risk tone; for reference, the yellow metal still holds the USD 1800/oz mark. Separately, much of the mornings focus is on copper where BHPs Escondida, Chile facility is facing strike action after the union rejected BHPs final labour offer. As such, Government-mediated discussions will last for 5-10 days and if the status quo is maintained and there is no breakthrough then strike action will formally commence. Given the uncertainty, LME Copper is supported on the session albeit still well off the pivotal USD 10k/t mark vs the current high USD 9799/t.</p>\n<p><b>US Event Calendar</b></p>\n<ul>\n <li>9:45am: July Markit US Manufacturing PMI, est. 63.1, prior 63.1</li>\n <li>10am: June Construction Spending MoM, est. 0.5%, prior -0.3%</li>\n <li>10am: July ISM Manufacturing, est. 60.9, prior 60.6</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","DISCA":"探索传播","LI":"理想汽车","UBER":"优步","FL":"富乐客","BNTX":"BioNTech SE","PH":"汉尼汾","MRNA":"Moderna, Inc.","SQ":"Block","CPRI":"Capri Holdings Ltd","PFE":"辉瑞",".DJI":"道琼斯","GE":"GE航空航天","HOOD":"Robinhood","SPY":"标普500ETF","FSLR":"第一太阳能","ZM":"Zoom",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191057621","content_text":"Futures rise amid earnings optimism; Dollar dips.\nSquare, Moderna, First Solar and more made the biggest moves in the premarket.\nTreasuries steady; crude oil declines on China outlook.\n\n(August 2) U.S. index futures gained along with European stocks as upbeat earnings and a surge in corporatedealmakinglifted sentiment, offsetting lingering concerns over China’s regulatory crackdown and the spread of the delta virus variant.\nU.S. S&P 500 E-minis were up 19.5 points, or 0.44%, at 07:52 a.m. ET. Dow E-minis gained 118 points, or 0.34%, while Nasdaq 100 E-minis rose 66.75 points, or 0.45%.\n\nStocks making the biggest moves in the premarket:\n1) Square(SQ) – The digital payments company agreed to buy Australia’s Afterpayfor about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders. Square shares fell 4.8% in the premarket, but news of the deal boosted shares of U.S.-based payment companyAffirm(AFRM) by 8.2%.\n2) Zoom Video(ZM) – The video conferencing companyagreed to pay $85 millionto settle a lawsuit accusing it violated the privacy rights of users. It also agreed to beef up its security practices to prevent so-called “Zoombombing,” where hackers disrupted Zoom meetings.\n3) General Electric(GE) – GE has completed its previously announced one-for-eight reverse stock split and will begin trading on a post-split basis today.\n4) Moderna(MRNA),Pfizer(PFE),BioNTech(BNTX) – Moderna and Pfizer both raised prices for their Covid-19 vaccines in their latest supply contracts, according to the Financial Times. Additionally, The Wall Street Journal reported that the Food and Drug Administration is under pressure to give both vaccines full approval and that this could happen within the next month for Pfizer and partner BioNTech. Moderna rose 2.5% in the premarket, Pfizer gained 1%, while BioNTech surged 5.1%.\n5) Foot Locker(FL) – The athletic footwear and apparel retailer announced a deal to buy California-based shoe store chain WSS for $750 million and Japan-based streetwear brand Atmos for $360 million.\n6) Uber Technologies(UBER) – Shares of Uber gained 1.1% in premarket trading after Gordon Haskett Research Advisors initiated coverage with a “buy” rating. Haskett called Uber a company that is continually engraining itself in the everyday lives of consumers through its ride-hailing and food delivery services.\n7) Capri Holdings(CPRI) – Capri rose 1.2% in the premarket following an upgrade to “buy” from “neutral” at MKM Partners, which noted a string of better than expected quarters for the company behind brands like Michael Kors and Versace. MKM also cited an overall improvement in the luxury goods sector.\n8) Discovery(DISCA) – Discovery is in informal talks about a potential bid for British state-owned broadcaster Channel 4, according to Britain’s Telegraph newspaper.\n9) Robinhood(HOOD) – More than 300,000 users of the stock trading app bought shares in Robinhood’s initial public offering last week, according to The Wall Street Journal. That represents about 1.3% of the company’s funded account base. Robinhood added 1.5% in premarket trading.\n10) Parker-Hannifin(PH) – The maker of motion control technology and other industrial products is buying British rival Meggitt for about $8.8 billion in cash. Parker-Hannifin shares fell 2.2% in premarket action.\n11) Li Auto(LI) – The China-based electric vehicle maker delivered 8,589 vehicles in July, an increase of 125% compared to July 2020. Li’s U.S.-based shares surged 4.3% in the premarket.\n12) First Solar(FSLR) – The solar power systems maker’s shares gained 2.9% in premarket trading after Susquehanna Financial upgraded the stock to “positive” from “neutral,” based on upbeat management comments on solar module demand and pricing.\nIn FX,a relatively sedate start to the new week and month, but the Dollar has lost some recovery momentum and is moderately softer vs high beta and cyclical counterparts amidst a general improvement in risk sentiment. Hence, the index slipped back beneath 92.000 within a 92.174-91.962 band before finding a base and awaiting the final US Markit manufacturing PMI, construction spending and ISM in particular for the survey breakdown and first jobs proxy for Friday’s NFP.\n\nAUD/NZD/EUR/GBP - The Aussie and Kiwi have both regained some composure to pare overnight losses incurred on the back of further COVID restrictions, a Chinese manufacturing PMI miss, technical and cross-related factors. However, Aud/Usd remains heavy above 0.7350 and unlikely to trouble hefty option expiry interest at the 0.7400 strike (1.2 bn) ahead of the RBA tomorrow given expectations that the ongoing pandemic outbreaks could well force the Bank to backtrack on QE tapering plans. Meanwhile, Nzd/Usd is still rotating around the 21 DMA that comes in at 0.6979 today having failed to retain grasp of the 0.7000 handle, and the Euro is back below 1.1900 where 1.4 bn option expiries reside in wake of broadly softer than expected Eurozone manufacturing PMIs, bar Germany’s upgrade. Conversely, Cable is back over 1.3900 and Eur/Gbp is holding under 0.8550 following an unrevised final UK manufacturing PMI in advance of Thursday’s BoE.\nCAD/JPY/CHF - All very narrowly divergent vs the Greenback, and the Loonie holding up well in the face of weakness in WTI crude circa 1.2470, while the Yen is meandering from 109.60-77 in the run up to Tokyo inflation data on Tuesday and the Franc is straddling 0.9055 after in line Swiss CPI, a slowdown in retail sales vs pick up in the manufacturing PMI and weekly sight deposits showing just a small rise on domestic bank balances.\nSCANDI/EM - Contrasting manufacturing PMIs from Sweden and Norway, as the former dipped and latter gathered pace, but the Sek is straddling 10.2100 against the Eur with assistance from the aforementioned pick-up in overall risk appetite, while the Nok wanes within a 10.4910-10.4530 range due to a pull-back in Brent prices from Usd 75+/brl towards Usd 74.00.\n\nIn commodities,WTI and Brent have commenced the week on the backfoot, with the benchmarks lower by USD 1.00/bbl on the session. Such pressure comes in spite of the generally modestly constructive risk tone in a quiet European session with final PMIs not moving the dial much; with attention more on the weeks macro themes as outlined above. In crude specifics, updates have been very sparse throughout the session and as such the complex is more focus on COVID-19 related dynamics. With the demand-side of the equation torn between the ongoing case increases in Tokyo, among other areas, but on the flip-side supported by a push from top UK Cabinet Officials for an easing of travel restrictions and more broadly as NIH’s Fauci now does not believe the US is likely to return to lockdowns. Elsewhere, attention is on the geopolitical front and specifically last week’s attack on a ship off the Oman coast on which the US Secretary of State is confident that Iran is behind this attack. Moving to metals, spot gold and silver are modestly pressured with not too much read across from a choppy USD as we stand and likely on the back of the aforementioned broader risk tone; for reference, the yellow metal still holds the USD 1800/oz mark. Separately, much of the mornings focus is on copper where BHPs Escondida, Chile facility is facing strike action after the union rejected BHPs final labour offer. As such, Government-mediated discussions will last for 5-10 days and if the status quo is maintained and there is no breakthrough then strike action will formally commence. Given the uncertainty, LME Copper is supported on the session albeit still well off the pivotal USD 10k/t mark vs the current high USD 9799/t.\nUS Event Calendar\n\n9:45am: July Markit US Manufacturing PMI, est. 63.1, prior 63.1\n10am: June Construction Spending MoM, est. 0.5%, prior -0.3%\n10am: July ISM Manufacturing, est. 60.9, prior 60.6","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939258380,"gmtCreate":1662122832840,"gmtModify":1676537002580,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9939258380","repostId":"1102548250","repostType":4,"repost":{"id":"1102548250","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662121810,"share":"https://ttm.financial/m/news/1102548250?lang=&edition=fundamental","pubTime":"2022-09-02 20:30","market":"us","language":"en","title":"Payrolls Rose 315,000 in August As Companies Keep up Hiring Pace","url":"https://stock-news.laohu8.com/highlight/detail?id=1102548250","media":"Tiger Newspress","summary":"Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment ra","content":"<html><head></head><body><p>Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment rate ticked higher as more workers rejoined the labor force, the Bureau of Labor Statistics reported Friday.</p><p>The economy added 315,000 jobs for the month. The unemployment rate rose to 3.7%, two-tenths of a percentage point higher than expectations and tied for the highest level of the year.</p><p>Wages continued to rise, though slightly less than expectations. Average hourly earnings increased 0.3% for the month and 5.2% from a year ago, both 0.1 percentage point below estimates.</p><p>Nevertheless, the numbers still pose a quandary for a Federal Reserve trying to get inflation under control.</p><p>Those payroll and wage gains came amid soaring inflation and concerns over a slowing economy that posted negative GDP numbers in the first two quarters of the year, generally considered a telltale sign of recession.</p><p>Inflation is running near its fastest pace in more than 40 years as a combination of a supply-demand imbalance, massive stimulus from the Fed and Congress and the war in Ukraine has sent the cost of living soaring.</p><p>The Fed has been battling the inflation problem with a series of interest rate hikes totaling 2.25% that are expected to continue into next year. In recent days, leading central bank figures have warned that they have no intention on backing off their policy tightening measures and expect that even when they stop hiking, rates will stay elevated &#34;for some time.&#34;</p><p>One key channel the Fed is looking for policy impact is the jobs market. In addition to robust hiring, job openings are outnumbering available workers by a nearly 2-to1 margin, pressuring wages and creating a feedback loop that is sending prices higher for not only gas and groceries but also shelter costs and a variety of other expenses.</p><p>U.S. stock futures were up after jobs report.</p><p>Dow e-minis were up 0.48%, S&amp;P 500 e-minis were up 0.57%, and Nasdaq 100 e-minis were up 0.65%.</p><p><img src=\"https://static.tigerbbs.com/e6bddfeca3a9d9465e98de1d674d25cd\" tg-width=\"520\" tg-height=\"230\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Payrolls Rose 315,000 in August As Companies Keep up Hiring Pace</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayrolls Rose 315,000 in August As Companies Keep up Hiring Pace\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-02 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment rate ticked higher as more workers rejoined the labor force, the Bureau of Labor Statistics reported Friday.</p><p>The economy added 315,000 jobs for the month. The unemployment rate rose to 3.7%, two-tenths of a percentage point higher than expectations and tied for the highest level of the year.</p><p>Wages continued to rise, though slightly less than expectations. Average hourly earnings increased 0.3% for the month and 5.2% from a year ago, both 0.1 percentage point below estimates.</p><p>Nevertheless, the numbers still pose a quandary for a Federal Reserve trying to get inflation under control.</p><p>Those payroll and wage gains came amid soaring inflation and concerns over a slowing economy that posted negative GDP numbers in the first two quarters of the year, generally considered a telltale sign of recession.</p><p>Inflation is running near its fastest pace in more than 40 years as a combination of a supply-demand imbalance, massive stimulus from the Fed and Congress and the war in Ukraine has sent the cost of living soaring.</p><p>The Fed has been battling the inflation problem with a series of interest rate hikes totaling 2.25% that are expected to continue into next year. In recent days, leading central bank figures have warned that they have no intention on backing off their policy tightening measures and expect that even when they stop hiking, rates will stay elevated &#34;for some time.&#34;</p><p>One key channel the Fed is looking for policy impact is the jobs market. In addition to robust hiring, job openings are outnumbering available workers by a nearly 2-to1 margin, pressuring wages and creating a feedback loop that is sending prices higher for not only gas and groceries but also shelter costs and a variety of other expenses.</p><p>U.S. stock futures were up after jobs report.</p><p>Dow e-minis were up 0.48%, S&amp;P 500 e-minis were up 0.57%, and Nasdaq 100 e-minis were up 0.65%.</p><p><img src=\"https://static.tigerbbs.com/e6bddfeca3a9d9465e98de1d674d25cd\" tg-width=\"520\" tg-height=\"230\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102548250","content_text":"Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment rate ticked higher as more workers rejoined the labor force, the Bureau of Labor Statistics reported Friday.The economy added 315,000 jobs for the month. The unemployment rate rose to 3.7%, two-tenths of a percentage point higher than expectations and tied for the highest level of the year.Wages continued to rise, though slightly less than expectations. Average hourly earnings increased 0.3% for the month and 5.2% from a year ago, both 0.1 percentage point below estimates.Nevertheless, the numbers still pose a quandary for a Federal Reserve trying to get inflation under control.Those payroll and wage gains came amid soaring inflation and concerns over a slowing economy that posted negative GDP numbers in the first two quarters of the year, generally considered a telltale sign of recession.Inflation is running near its fastest pace in more than 40 years as a combination of a supply-demand imbalance, massive stimulus from the Fed and Congress and the war in Ukraine has sent the cost of living soaring.The Fed has been battling the inflation problem with a series of interest rate hikes totaling 2.25% that are expected to continue into next year. In recent days, leading central bank figures have warned that they have no intention on backing off their policy tightening measures and expect that even when they stop hiking, rates will stay elevated \"for some time.\"One key channel the Fed is looking for policy impact is the jobs market. In addition to robust hiring, job openings are outnumbering available workers by a nearly 2-to1 margin, pressuring wages and creating a feedback loop that is sending prices higher for not only gas and groceries but also shelter costs and a variety of other expenses.U.S. stock futures were up after jobs report.Dow e-minis were up 0.48%, S&P 500 e-minis were up 0.57%, and Nasdaq 100 e-minis were up 0.65%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079649184,"gmtCreate":1657197257048,"gmtModify":1676535967244,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079649184","repostId":"1104670707","repostType":4,"repost":{"id":"1104670707","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657197040,"share":"https://ttm.financial/m/news/1104670707?lang=&edition=fundamental","pubTime":"2022-07-07 20:30","market":"us","language":"en","title":"Initial Jobless Claims Come in Higher Than Expected This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1104670707","media":"Tiger Newspress","summary":"Initial jobless claims unexpectedly edged higher last week in a potential sign the labor market may ","content":"<html><head></head><body><p>Initial jobless claims unexpectedly edged higher last week in a potential sign the labor market may be moderating amid tighter financial conditions. The print comes ahead of the government&#39;s monthly employment report for June due out Friday.</p><p>First-time filings for unemployment insurance in the U.S. totaled 235,000 for the week ended July 2, increasing by 4,000 from the prior week&#39;s reading of 231,000 claims, the Department of Labor said Thursday. Economists surveyed by Bloomberg had expected the latest reading to come in at 230,000.</p><p>This marked the highest weekly total since the week ended January 15, 2022.</p><p>Demand for labor is gradually cooling. A separate report from global outplacement firm Challenger, Gray &amp; Christmas on Thursday showed layoffs announced by U.S.-based employers jumped 57% to 32,517 in June, the highest since February 2021.</p><p>Job cuts increased 39% to 77,515 in the second quarter from the January-March period. But layoffs in the first half of the year were the lowest since 1993.</p><p>&#34;Employers are beginning to respond to financial pressures and slowing demand by cutting costs,&#34; said Andrew Challenger, senior vice president at Challenger, Gray &amp; Christmas. &#34;While the labor market is still tight, that tightness may begin to ease in the next few months.&#34;</p><p>Job cuts surged in the automotive, consumer products, entertainment, financial and real estate industries.</p><p>Stock-index futures remain higher after economic data.</p><p><img src=\"https://static.tigerbbs.com/1861eeaeb7421849b9567a67ce9f4547\" tg-width=\"528\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Initial Jobless Claims Come in Higher Than Expected This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInitial Jobless Claims Come in Higher Than Expected This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-07 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Initial jobless claims unexpectedly edged higher last week in a potential sign the labor market may be moderating amid tighter financial conditions. The print comes ahead of the government&#39;s monthly employment report for June due out Friday.</p><p>First-time filings for unemployment insurance in the U.S. totaled 235,000 for the week ended July 2, increasing by 4,000 from the prior week&#39;s reading of 231,000 claims, the Department of Labor said Thursday. Economists surveyed by Bloomberg had expected the latest reading to come in at 230,000.</p><p>This marked the highest weekly total since the week ended January 15, 2022.</p><p>Demand for labor is gradually cooling. A separate report from global outplacement firm Challenger, Gray &amp; Christmas on Thursday showed layoffs announced by U.S.-based employers jumped 57% to 32,517 in June, the highest since February 2021.</p><p>Job cuts increased 39% to 77,515 in the second quarter from the January-March period. But layoffs in the first half of the year were the lowest since 1993.</p><p>&#34;Employers are beginning to respond to financial pressures and slowing demand by cutting costs,&#34; said Andrew Challenger, senior vice president at Challenger, Gray &amp; Christmas. &#34;While the labor market is still tight, that tightness may begin to ease in the next few months.&#34;</p><p>Job cuts surged in the automotive, consumer products, entertainment, financial and real estate industries.</p><p>Stock-index futures remain higher after economic data.</p><p><img src=\"https://static.tigerbbs.com/1861eeaeb7421849b9567a67ce9f4547\" tg-width=\"528\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104670707","content_text":"Initial jobless claims unexpectedly edged higher last week in a potential sign the labor market may be moderating amid tighter financial conditions. The print comes ahead of the government's monthly employment report for June due out Friday.First-time filings for unemployment insurance in the U.S. totaled 235,000 for the week ended July 2, increasing by 4,000 from the prior week's reading of 231,000 claims, the Department of Labor said Thursday. Economists surveyed by Bloomberg had expected the latest reading to come in at 230,000.This marked the highest weekly total since the week ended January 15, 2022.Demand for labor is gradually cooling. A separate report from global outplacement firm Challenger, Gray & Christmas on Thursday showed layoffs announced by U.S.-based employers jumped 57% to 32,517 in June, the highest since February 2021.Job cuts increased 39% to 77,515 in the second quarter from the January-March period. But layoffs in the first half of the year were the lowest since 1993.\"Employers are beginning to respond to financial pressures and slowing demand by cutting costs,\" said Andrew Challenger, senior vice president at Challenger, Gray & Christmas. \"While the labor market is still tight, that tightness may begin to ease in the next few months.\"Job cuts surged in the automotive, consumer products, entertainment, financial and real estate industries.Stock-index futures remain higher after economic data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042923720,"gmtCreate":1656424065860,"gmtModify":1676535825219,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042923720","repostId":"1110381110","repostType":4,"repost":{"id":"1110381110","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1656423926,"share":"https://ttm.financial/m/news/1110381110?lang=&edition=fundamental","pubTime":"2022-06-28 21:45","market":"us","language":"en","title":"Airline Stocks Jumped in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1110381110","media":"Tiger Newspress","summary":"Airline stocks jumped in morning trading, with United Continental, Delta and American Airlines risin","content":"<html><head></head><body><p>Airline stocks jumped in morning trading, with United Continental, Delta and American Airlines rising over 5%.<img src=\"https://static.tigerbbs.com/bf16bacc8c0da92c51a8b4617792f4b8\" tg-width=\"293\" tg-height=\"356\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airline Stocks Jumped in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirline Stocks Jumped in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-28 21:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Airline stocks jumped in morning trading, with United Continental, Delta and American Airlines rising over 5%.<img src=\"https://static.tigerbbs.com/bf16bacc8c0da92c51a8b4617792f4b8\" tg-width=\"293\" tg-height=\"356\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音","AAL":"美国航空","DAL":"达美航空","UAL":"联合大陆航空"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110381110","content_text":"Airline stocks jumped in morning trading, with United Continental, Delta and American Airlines rising over 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834537755,"gmtCreate":1629812874577,"gmtModify":1676530139473,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834537755","repostId":"1167446644","repostType":4,"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800334209,"gmtCreate":1627277078001,"gmtModify":1703486568673,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/800334209","repostId":"1100772026","repostType":4,"repost":{"id":"1100772026","kind":"news","pubTimestamp":1627254622,"share":"https://ttm.financial/m/news/1100772026?lang=&edition=fundamental","pubTime":"2021-07-26 07:10","market":"us","language":"en","title":"Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1100772026","media":"Barrons","summary":"It’s the busiest week of second-quarter earnings season. About $one$ third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, $Visa$, $AMD$, UPS, General Electric, $3M$, and Starbucks headline a 42-report day.$Facebook$, Shopify, Boeing, Ford Motor, $PayPal$ Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday.","content":"<p>It’s the busiest week of second-quarter earnings season. About <a href=\"https://laohu8.com/S/AONE.U\">one</a> third of S&amp;P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, <a href=\"https://laohu8.com/S/V\">Visa</a>, <a href=\"https://laohu8.com/S/AMD\">AMD</a>, UPS, General Electric, <a href=\"https://laohu8.com/S/MMM\">3M</a>, and Starbucks headline a 42-report day.</p>\n<p><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Shopify, Boeing, Ford Motor, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a>, Chevron, and Procter &amp; Gamble close the week on Friday.</p>\n<p><img src=\"https://static.tigerbbs.com/4564430f7fe9649d97a7a105615955e5\" tg-width=\"1562\" tg-height=\"676\" referrerpolicy=\"no-referrer\">There will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.</p>\n<p>On Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.</p>\n<p>Other data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.</p>\n<p>Monday 7/26</p>\n<p>Cadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.</p>\n<p>The Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.</p>\n<p>Tuesday 7/27</p>\n<p>It’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.</p>\n<p>3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.</p>\n<p>The Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.</p>\n<p>S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.</p>\n<p>Wednesday 7/28</p>\n<p>Automatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.</p>\n<p>The Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.</p>\n<p>Thursday 7/29</p>\n<p>Altria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.</p>\n<p>Robinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.</p>\n<p>The Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.</p>\n<p>Friday 7/30</p>\n<p>AbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter &amp; Gamble, and Weyerhaeuser report quarterly results.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed ...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","FORD":"福沃德工业","AMZN":"亚马逊","AAPL":"苹果","PYPL":"PayPal","BA":"波音","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100772026","content_text":"It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, Visa, AMD, UPS, General Electric, 3M, and Starbucks headline a 42-report day.\nFacebook, Shopify, Boeing, Ford Motor, PayPal Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, Charter Communications, Chevron, and Procter & Gamble close the week on Friday.\nThere will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.\nOn Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.\nOther data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.\nMonday 7/26\nCadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.\nThe Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.\nTuesday 7/27\nIt’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.\n3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.\nThe Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.\nS&P CoreLogic releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.\nWednesday 7/28\nAutomatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.\nThe Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.\nThursday 7/29\nAltria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.\nRobinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.\nThe Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.\nFriday 7/30\nAbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter & Gamble, and Weyerhaeuser report quarterly results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984010236,"gmtCreate":1667487128326,"gmtModify":1676537926295,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9984010236","repostId":"1149171162","repostType":4,"repost":{"id":"1149171162","kind":"news","pubTimestamp":1667488574,"share":"https://ttm.financial/m/news/1149171162?lang=&edition=fundamental","pubTime":"2022-11-03 23:16","market":"us","language":"en","title":"Apple's Resilience Is Unjustified - Here Is Why","url":"https://stock-news.laohu8.com/highlight/detail?id=1149171162","media":"seekingalpha","summary":"SummaryApple stock has held up surprisingly well in 2022 compared to a very weak broader market, lar","content":"<html><head></head><body><p>Summary</p><ul><li>Apple stock has held up surprisingly well in 2022 compared to a very weak broader market, largely due to the company&#39;s continued strong earnings reports.</li><li>I&#39;ll highlight the reasons for Apple&#39;s strong cash flow growth and potential areas for future growth, and take a look at working capital management, stock-based compensation, and the multi-faceted ecosystem.</li><li>However, I will also point out the limitations of the growth story, which is the mainstay of the current valuation.</li><li>The current share price implies growth rates that are difficult to achieve even in a thriving economy. I think Apple is dead money at best for the foreseeable future.</li><li>I am not currently invested in the stock, but if I were, I would at least consider selling it, assuming I held it in a tax-deferred or tax-exempt account.</li></ul><h3>Introduction And Investment Thesis</h3><p>Last week, <a href=\"https://laohu8.com/S/AAPL\">Apple</a> surprised on the upside in an otherwise very bad week for tech investors. Alphabet (GOOG,GOOGL), Meta Platforms (META) andAmazon (AMZN) all disappointed Wall Street, while the tech giant best known for its iPhone franchisereportedsolid earnings and quarterly revenue of $90.1 billion, slightly beating analyst estimates and up 8.1% year-over-year. iPhone and Mac sales were up 9.7% and 25.4% in a high-inflation environment, respectively, suggesting that Apple is indeed one of the companies with real pricing power. On a year-over-year annual basis, Apple also shined where others looked lackluster. Total fiscal 2022 net sales were up 7.8%, thanks largely to strong growth in iPhone (+7.0%), Mac (+14.2%) and services (+14.2%). From this perspective, Wall Street&#39;s positive reaction hardly seems surprising.</p><p>I have had Apple on my watch list for quite some time, and I continue to be amazed how the stock has largely defied the bear market of 2022. The main pillars of my investment thesis in Apple are:</p><ul><li>Apple seems to have an unending ability to design and manufacture hardware and software that is not only functional, but also highly intuitive, elegant and very appealing. Even though they are mass products, Apple&#39;s gadgets enjoy the ranks of status symbols.</li></ul><ul><li>Recognizing that selling hardware does not scale well, the company has created a deep ecosystem through its app store and the many experiences and productivity enhancements it offers. In this way, Apple retains consumers and ensures high switching costs in an industry otherwise characterized by high competition.</li></ul><ul><li>Where others have managed to develop either standout smartphone technology (e.g., Samsung&#39;s Galaxy series) or a smartphone operating system (Google&#39;s Android), Apple has been able to take advantage of the synergies of top-quality hardware and software offerings.</li></ul><ul><li>The company&#39;s balance sheet is absolutely solid and will benefit in a rising interest rate environment, as it has $145.5 billion in marketable securities (mostly long-term) - not counting the $23.6 billion in cash and cash equivalents - and only $120.0 billion in debt.</li></ul><p>It is easy to like Apple as an investment. However, when I find nothing but positive things about an investment, it usually gives me pause. As a dyed-in-the-wool value investor, I am very careful not to overpay for my investments, especially when a company is firing on all cylinders - there is a thin line between a value trap and a world-class company that is simply too expensive. In this article, I will discuss Apple&#39;s normalized free cash flow, my expectations for future growth and my thoughts on what could limit the growth story. I will value Apple from a discounted cash flow basis, making sense of what the market has currently priced into the stock. In closing, I present my rationale for refraining from buying Apple at this time.</p><p>Apple Is Rightly Touted As A Major Cash Flow Machine</p><p>When it comes to the question of why Apple stock should command a premium valuation, many investors point to the company&#39;s strong cash flow. I do not disagree, and in fact, Apple&#39;s cash flow is one reason I would like to own shares in the company.</p><p>My regular readers know that I rely only on normalized free cash flow (nFCF), which means I adjust conventional FCF for working capital movements, stock-based compensation expenses, non-cash impairment and restructuring charges (if routinely observed), and acquisitions (if the company relies on growth through acquisitions). Those interested in the approach can take a look at my detailededucational articlepublished last month.</p><p>Acquisitions, impairments and restructuring charges are very rarely seen at Apple. This is due to the company&#39;s conservative and disciplined approach to acquisitions, which deserves praise at a time when other companies are squandering cash left and right in sometimes desperate attempts to diversify into new growth areas. However, as with many tech companies (see myarticleon this topic), stock-based compensations (SBCs) are significant and trending upward. This is due, in part, to the way stock-based compensation is accounted for and it should be kept in mind that adjusting free cash flow for SBCs is a relatively conservative measure. Figure 1 shows Apple&#39;s stock-based compensation since fiscal 2012 as a percentage of operating cash flow (OCF) normalized for working capital movements. Even though significant, this form of employee compensation is relatively modest at Apple, averaging 8% of normalized OCF since fiscal 2016, compared to Alphabet, for example (see myrecent article).</p><p><img src=\"https://static.tigerbbs.com/634624a2a799950e29c025c2e979a431\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p>Figure 1: Apple’s stock-based compensation expenses (own work, based on the company’s fiscal 2011 to 2022 10-Ks.</p><p>Apple’s normalized free cash flow, as I use it for my assessment of the company’s future cash flow potential, is shown in Figure 2. Clearly, the pandemic acted as a huge tailwind for the company, as is underlined by nFCF growth rates of +23%, +43% and 13% in fiscal 2020, fiscal 2021 and fiscal 2022. Apple’s cash-generating power is underlined further when comparing these growth figures to the company’s sales growth numbers for the same periods: +6%, +33% and +8%.</p><p>Companies that report unbelievably strong earnings are potentially suspect of managing their results, and therefore it seems reasonable to assess the quality of Apple’s cash flow. Excess Cash Margin (ECM) is a measure of the relative growth rates of operating income and OCF and enables the detection of potential earnings problems or accounting shenanigans. In the case of Apple, the ECM moved in a reasonably narrow window of -2.4% and +2.0% in the last ten fiscal years and without a notable up- or downward trend. An upward trend in ECM would signal that earnings are growing slower (or declining faster) than OCF, while a downward trend indicates that earnings are either growing faster or declining slower than OCF.</p><p><img src=\"https://static.tigerbbs.com/018899362ea317f0a826fd5072e9f3c0\" tg-width=\"640\" tg-height=\"385\" referrerpolicy=\"no-referrer\"/></p><p>Figure 2: Apple’s normalized free cash flow – conventionally obtained FCF is on average 10% higher, largely due to stock-based compensations (own work, based on the company’s fiscal 2010 to 2022 10-Ks.</p><h3>Reasons For Apple&#39;s Outstanding Free Cash Flow Growth - And Why It May Not Be Sustainable</h3><p>Apple&#39;s free cash flow growth since the pandemic has been spectacular. So, the really important question is: Where did the growth come from, and can it continue? Because ultimately, the share price is only an unromantic reflection of a company&#39;s future cash flows, discounted to today at an appropriate rate.</p><h3>Strong Brand Stickiness, Pricing Power - But Discretionary Products After All</h3><p>As already mentioned, the pandemic acted as a tremendous tailwind for Apple. During these difficult times, consumers learned to love Apple&#39;s software ecosystem even more, as well as the large number of accessories that only reach their full potential in combination with an Apple iPhone, iPod or Mac computer. Thanks to the increasingly strong lock-in effect and the seemingly unending desire to own these very elegant and highly intuitive pieces of hardware, Apple is able to exert pricing power on consumers even in times of high inflation. However, it is important to remember that an iPhone or Mac computer is ultimately largely a discretionary product, and the purchase of the next iteration can be postponed in the event of an economic downturn. As will be shown later, a recession is likely not currently priced into Apple stock.</p><h3>Geographical Concentration Risks</h3><p>Investors should note that Apple generated nearly a quarter of its fiscal 2022 sales in Europe, and it seems reasonable to expect that the eurozone, unlike the United States, will have a much harder time overcoming high inflation rates, in part due to the substantial debt of southern European countries, which would likely become insolvent if interest rates were raised at a pace similar to that in the United States. Of course, however, keeping inflation in control by raising interest rates is an incomplete line of thinking.</p><p>Nevertheless, the difficult situation of the European Central Bank and its increasing emphasis on approaches reminiscent of a planned economy (e.g.,Green Dealand the resultingTaxonomy Regulation) are preparing the bloc for continued high inflation rates and thus lower disposable incomes.</p><p>A deep recession in Europe is also likely to impact Apple&#39;s supply chain, as the company relies on several hundred suppliers in Germany (767 in 2018 according toHandelsblatt).</p><p>Of course, Apple&#39;s global position also makes it vulnerable to foreign exchange rate headwinds, as the company ultimately reports its earnings in U.S. dollars. However, I believe this is a well-known aspect that applies to all truly global companies. There is only so much a company can do to hedge against exchange rate fluctuations, and I consider this a simple cost of doing business when operating on a global scale.</p><h3>Sustainability Of App Store Margins</h3><p>Software developers have noticed the seemingly unstoppable growth of Apple&#39;s installed base, which probably recently passed the2 billion mark. Apple&#39;s growth keeps developers motivated to continue to create new apps for iOS, which has the added advantage of very limited device configurations compared to the numerous devices running Android. I expect Apple to benefit from this for the foreseeable future, as long as the company does not make any glaring hardware design mistakes and stays true to its intuitive software architecture. However, it should not be forgotten that Apple faces challenges related to its somewhat aggressive monopolistic behavior in connection with its app store. It therefore seems prudent to keep an eye on Apple&#39;s subscription-based sales. I view it as largely positive that Apple&#39;s (high-margin) service revenue has increased from 11% of total revenue in fiscal 2016 to nearly 20% in fiscal 2022. However, improved app developer compensation and increased regulatory scrutiny could deal a blow to this important segment, thereby impacting free cash flow.</p><p>Working Capital Management</p><p>Another aspect to consider is working capital management. Cash is king, and companies with pricing power benefit enormously by being able to enforce their payment terms on both their suppliers and their customers. In addition, global giants like Apple benefit significantly from highly efficient inventory management. Less cash tied up in working capital accounts (receivables, inventories) leads to higher free cash flow. By minimizing the time to collect payments from customers and maximizing the time to pay suppliers, a company can benefit significantly from cheap (or free) credit. This is in particular important in a rising interest rate environment. A - highly desirable - negative cash conversion cycle (CCC) results when a company can collect and retain payments from customers for a certain time, that actually belong to suppliers (e.g., app developers).</p><p>Apple is a shining example in this regard and has kept its inventory days and days sales outstanding (DSO) very tight while expanding its days payables outstanding (DPO) quite significantly between fiscal 2013 and fiscal 2019 (Figure 3). However, presumably due to ongoing supply chain issues and the relocation of certain suppliers, DPO declined in recent years, resulting in a weakening but still excellent cash conversion cycle (CCC) of -62 days in fiscal 2022.</p><p>Improved conditions for app developers, as hypothesized above, could also put pressure on Apple&#39;s working capital management, thereby impacting free cash flow. Conversely, supply chain issues will eventually be resolved, improving the working capital management of Apple&#39;s hardware segment.</p><p><img src=\"https://static.tigerbbs.com/cd5c74594b446fea946163da22c51878\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p>Figure 3: Apple’s days sales and payables outstanding, inventory days and cash conversion cycle (own work, based on the company’s fiscal 2012 to 2022 10-Ks.</p><h3>Possible Signs Of Underinvestment And The Course Toward Mean Reversion</h3><p>It is also worth noting Apple&#39;s capital expenditures, which typically range from $9 billion to $13 billion per year. Relatively speaking, capital expenditures have been on a downward trend since fiscal 2016, as shown in Figure 4. While some might argue that Apple is underinvesting, I would not overstate this aspect at this point in time (see below). While capital expenditures as a percentage of OCF continue to decline, it should be remembered that this is largely due to strong OCF growth and only to a small extent a result of lower actual investment in the business.</p><p><img src=\"https://static.tigerbbs.com/02df2459453a284cd343b9f1bb690fe5\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p>Figure 4: Apple’s capital expenditures as a percentage of normalized operating cash flow (own work, based on the company’s fiscal 2011 to 2022 10-Ks.</p><p>Apple&#39;s key long-term free cash flow growth driver is innovation. Apple has innovated in both hardware and software, for example by introducing its ownprocessorsin its iPhones and Mac computers, a smart watch (Apple Watch), and its own payment service (Apple Pay). However, Apple has not introduced any groundbreaking new devices like theiPhoneor the iPod in a long time. I do believe that at some point, the users so accustomed to innovations will be saturated as it becomes increasingly difficult to pack truly groundbreaking new features into the devices currently available.</p><p>At some point, Apple will have to come up with a new technological gadget - whether it is some sort of wearable, self-driving car, or technologically integrated piece of furniture. I am sure Apple will come up with something at some point, but it is also true that the race to find the next hot innovation is extremely competitive and capital-intensive, especially as it relates to autonomous driving. From this perspective, it does not seem unrealistic to assume that Apple will have to invest more and more cash flow into the business at a percentage equal to or above the historical average, as shown in Figure 4.</p><h3>What Is Currently Priced Into AAPL Stock?</h3><p>Several aspects underlying Apple&#39;s excellent free cash flow growth have been discussed, as well as potentially limiting factors. With the release of the fiscal2022 10-Ka few days ago, we now have a clear view of Apple&#39;s recent cash flows, which provide a basis for valuing the stock.</p><p>First, let me share my FAST Graphs-inspired chart in Figure 5, which shows Apple&#39;s nFCF per share versus split-adjusted price per share. Clearly, Apple&#39;s stock price and free cash flow decoupled sometime in 2020, when investors began pricing huge growth rates into the stock. While it is entirely possible that Apple will continue to be able to grow its free cash flow at a high rate going forward, I simply believe that the likelihood of FCF remaining stagnant for at least a couple of years is relatively high for the reasons outlined above. Apple stock could be dead money for the foreseeable future, or worse, it could move closer to its long-term FCF trend, suggesting ample downside and a current fair value in the $100 region.</p><p><img src=\"https://static.tigerbbs.com/f7d675df943d6075843ba251551a1796\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p>Figure 5: Apple’s normalized free cash flow per share compared to its split-adjusted share price; note that nFCFs have been aligned with fiscal year ends in late September (own work, based on the company’s fiscal 2010 to fiscal 2022 10-Ks and the daily closing stock price of AAPL)</p><p>Next, I evaluated Apple stock from a discounted cash flow (DCF) perspective - after all, a company is only worth the sum of its future cash flows, discounted to today at an appropriate rate. For Apple, I believe a cost of equity of 9.5% is appropriate, taking into account current long-term government bond rates and a 5% equity risk premium. For the DCF analysis below, I have used Apple&#39;s average nFCF for fiscal years 2021 to 2022 as the baseline cash flow, which may even be a somewhat optimistic assumption given the threat of a recession.</p><p>Long-term visibility of revenue (and thus cash flow) is very difficult, which is also underscored by analyst estimates. More than 20 analystscoverApple on a two-year basis, expecting year-over-year revenue growth rates of 3.3% and 5.2% for fiscal years 2023 and 2024, respectively. After that, the number of analysts drops to 9. From fiscal 2026 to fiscal 2027, only 2 analysts cover Apple, and for the later years, there is only one analyst - a particularly optimistic one - who expects year-over-year sales growth rates of 18%, 9%, 9%, 10%, and 10% between fiscal 2028 and 2032. I am not in a position to provide plausible long-term estimates, but I consider anything higher than 5% p.a. over the next five years to be unduly optimistic for the reasons outlined above. Therefore, in the illustration of the DCF model in Figure 6, I have used a growth rate of 5% for the next five years, 4% for the subsequent five years, and a terminal growth rate of 3%.</p><p><img src=\"https://static.tigerbbs.com/717fa79d412f6b54795b36161c6ec657\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p>Figure 6: Cash flows underlying Apple&#39;s discounted cash flow analysis; terminal value not shown (own work)</p><p>Summing the discounted cash flows and dividing the result by the current number of weighted average diluted shares outstanding yields a fair value of about $100, which is well in line with the backward-looking valuation in Figure 6.</p><p>Put differently, to justify the current price of $150 per share, Apple would need to grow its free cash flow at a rate of 10% per year over the next five years (is this a realistic assumption in the context of a likely economic downturn?), followed by a growth rate of a similarly high 8% p.a. until year 10, and a terminal growth rate of 5%.</p><p>Personally, I find it difficult to see such growth rates as realistic for the reasons mentioned above. In order to achieve such rates, Apple will likely be forced to diversify into other business areas, which is associated with considerable uncertainties, as its current business model will simply lack the addressable market at some point due to size.</p><p>However, some may object that both valuation approaches are based on free cash flow and therefore represent an isolated approach. This is true, and conventional multiples-based approaches can also provide a good view on a company&#39;s valuation. Figure 7 compares ten-year averages of earnings- and revenue-based multiples with current values. It is evident that Apple is significantly overvalued on every metric, including its dividend yield (currently 0.6% versus a five-year average of 1.4%). Finally, it should also be remembered that these valuations are the product of what is likely the strongest bull market in recent history, giving cautious investors pause for thought. Morningstar currentlyratesApple at two stars and believes the stock is 15% overvalued. It is worth noting that the investor services firm views Apple as a company with only a narrow economic moat.</p><p><img src=\"https://static.tigerbbs.com/e3a0cff58027ed2abd92ab04313f85e4\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p>Figure 7: Historical valuation of Apple stock, note that the price-earnings-growth ratio (PEG) has scaled by a factor of 10 for the sake of visibility (own work)</p><h3>Concluding Remarks</h3><p>There is no question about it - Apple is a world-class company with a deeply rooted ecosystem, an ever-growing, religious-like following, and very strong management. The company is one of the few with real pricing power. However, with all the justified optimism, Apple markets largely discretionary products.</p><p>Investors expect Apple to continue to be able to grow free cash flow by double digit, or at least high single digit rates, for the foreseeable future. However, the growth story has its limits. Apple will likely reach its limits at some point because the addressable market is saturated, so it will need to pursue other growth opportunities. Exploring new opportunities comes with execution risks and requires significant capital expenditures, which have been steadily declining since fiscal 2016 in relative terms. Moreover, Apple is already an extremely well-managed company that will struggle to increase free cash flow through improvements in working capital management - an often-overlooked growth driver of several less well-managed companies.</p><p>As I have shown, Apple is significantly overvalued assuming more down-to-earth growth expectations. The market has been merciless on other tech stocks such as Amazon, Meta Platforms and Alphabet. So it is only reasonable to assume that Apple stock will also take a serious beating should the company fall short of expectations in any of the coming quarters. For example, what if the all-important holiday shopping season turns out slower than expected, capital expenditures rise significantly, or Europe faces a deep recession?</p><p>If I owned the stock, I would at least toy with the idea of selling it, as it is obviously overvalued. This can easily be seen in the decoupling of the share price from free cash flow since 2020 and the decoupling from the overall market in 2022. Of course, this assumes that taxes do not need to be factored into the equation.</p><p>Of course, none of these changes the fact that Apple is an extremely well-run company with a deeply entrenched ecosystem and an almost religious following. Therefore, I continue to keep the stock on my bear market watch list and patiently wait for the market to come back to its senses.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's Resilience Is Unjustified - Here Is Why</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\">\nApple's Resilience Is Unjustified - Here Is Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 23:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4552001-apples-resilience-is-unjustified-here-is-why><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple stock has held up surprisingly well in 2022 compared to a very weak broader market, largely due to the company's continued strong earnings reports.I'll highlight the reasons for Apple's ...</p>\n\n<a href=\"https://seekingalpha.com/article/4552001-apples-resilience-is-unjustified-here-is-why\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4552001-apples-resilience-is-unjustified-here-is-why","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149171162","content_text":"SummaryApple stock has held up surprisingly well in 2022 compared to a very weak broader market, largely due to the company's continued strong earnings reports.I'll highlight the reasons for Apple's strong cash flow growth and potential areas for future growth, and take a look at working capital management, stock-based compensation, and the multi-faceted ecosystem.However, I will also point out the limitations of the growth story, which is the mainstay of the current valuation.The current share price implies growth rates that are difficult to achieve even in a thriving economy. I think Apple is dead money at best for the foreseeable future.I am not currently invested in the stock, but if I were, I would at least consider selling it, assuming I held it in a tax-deferred or tax-exempt account.Introduction And Investment ThesisLast week, Apple surprised on the upside in an otherwise very bad week for tech investors. Alphabet (GOOG,GOOGL), Meta Platforms (META) andAmazon (AMZN) all disappointed Wall Street, while the tech giant best known for its iPhone franchisereportedsolid earnings and quarterly revenue of $90.1 billion, slightly beating analyst estimates and up 8.1% year-over-year. iPhone and Mac sales were up 9.7% and 25.4% in a high-inflation environment, respectively, suggesting that Apple is indeed one of the companies with real pricing power. On a year-over-year annual basis, Apple also shined where others looked lackluster. Total fiscal 2022 net sales were up 7.8%, thanks largely to strong growth in iPhone (+7.0%), Mac (+14.2%) and services (+14.2%). From this perspective, Wall Street's positive reaction hardly seems surprising.I have had Apple on my watch list for quite some time, and I continue to be amazed how the stock has largely defied the bear market of 2022. The main pillars of my investment thesis in Apple are:Apple seems to have an unending ability to design and manufacture hardware and software that is not only functional, but also highly intuitive, elegant and very appealing. Even though they are mass products, Apple's gadgets enjoy the ranks of status symbols.Recognizing that selling hardware does not scale well, the company has created a deep ecosystem through its app store and the many experiences and productivity enhancements it offers. In this way, Apple retains consumers and ensures high switching costs in an industry otherwise characterized by high competition.Where others have managed to develop either standout smartphone technology (e.g., Samsung's Galaxy series) or a smartphone operating system (Google's Android), Apple has been able to take advantage of the synergies of top-quality hardware and software offerings.The company's balance sheet is absolutely solid and will benefit in a rising interest rate environment, as it has $145.5 billion in marketable securities (mostly long-term) - not counting the $23.6 billion in cash and cash equivalents - and only $120.0 billion in debt.It is easy to like Apple as an investment. However, when I find nothing but positive things about an investment, it usually gives me pause. As a dyed-in-the-wool value investor, I am very careful not to overpay for my investments, especially when a company is firing on all cylinders - there is a thin line between a value trap and a world-class company that is simply too expensive. In this article, I will discuss Apple's normalized free cash flow, my expectations for future growth and my thoughts on what could limit the growth story. I will value Apple from a discounted cash flow basis, making sense of what the market has currently priced into the stock. In closing, I present my rationale for refraining from buying Apple at this time.Apple Is Rightly Touted As A Major Cash Flow MachineWhen it comes to the question of why Apple stock should command a premium valuation, many investors point to the company's strong cash flow. I do not disagree, and in fact, Apple's cash flow is one reason I would like to own shares in the company.My regular readers know that I rely only on normalized free cash flow (nFCF), which means I adjust conventional FCF for working capital movements, stock-based compensation expenses, non-cash impairment and restructuring charges (if routinely observed), and acquisitions (if the company relies on growth through acquisitions). Those interested in the approach can take a look at my detailededucational articlepublished last month.Acquisitions, impairments and restructuring charges are very rarely seen at Apple. This is due to the company's conservative and disciplined approach to acquisitions, which deserves praise at a time when other companies are squandering cash left and right in sometimes desperate attempts to diversify into new growth areas. However, as with many tech companies (see myarticleon this topic), stock-based compensations (SBCs) are significant and trending upward. This is due, in part, to the way stock-based compensation is accounted for and it should be kept in mind that adjusting free cash flow for SBCs is a relatively conservative measure. Figure 1 shows Apple's stock-based compensation since fiscal 2012 as a percentage of operating cash flow (OCF) normalized for working capital movements. Even though significant, this form of employee compensation is relatively modest at Apple, averaging 8% of normalized OCF since fiscal 2016, compared to Alphabet, for example (see myrecent article).Figure 1: Apple’s stock-based compensation expenses (own work, based on the company’s fiscal 2011 to 2022 10-Ks.Apple’s normalized free cash flow, as I use it for my assessment of the company’s future cash flow potential, is shown in Figure 2. Clearly, the pandemic acted as a huge tailwind for the company, as is underlined by nFCF growth rates of +23%, +43% and 13% in fiscal 2020, fiscal 2021 and fiscal 2022. Apple’s cash-generating power is underlined further when comparing these growth figures to the company’s sales growth numbers for the same periods: +6%, +33% and +8%.Companies that report unbelievably strong earnings are potentially suspect of managing their results, and therefore it seems reasonable to assess the quality of Apple’s cash flow. Excess Cash Margin (ECM) is a measure of the relative growth rates of operating income and OCF and enables the detection of potential earnings problems or accounting shenanigans. In the case of Apple, the ECM moved in a reasonably narrow window of -2.4% and +2.0% in the last ten fiscal years and without a notable up- or downward trend. An upward trend in ECM would signal that earnings are growing slower (or declining faster) than OCF, while a downward trend indicates that earnings are either growing faster or declining slower than OCF.Figure 2: Apple’s normalized free cash flow – conventionally obtained FCF is on average 10% higher, largely due to stock-based compensations (own work, based on the company’s fiscal 2010 to 2022 10-Ks.Reasons For Apple's Outstanding Free Cash Flow Growth - And Why It May Not Be SustainableApple's free cash flow growth since the pandemic has been spectacular. So, the really important question is: Where did the growth come from, and can it continue? Because ultimately, the share price is only an unromantic reflection of a company's future cash flows, discounted to today at an appropriate rate.Strong Brand Stickiness, Pricing Power - But Discretionary Products After AllAs already mentioned, the pandemic acted as a tremendous tailwind for Apple. During these difficult times, consumers learned to love Apple's software ecosystem even more, as well as the large number of accessories that only reach their full potential in combination with an Apple iPhone, iPod or Mac computer. Thanks to the increasingly strong lock-in effect and the seemingly unending desire to own these very elegant and highly intuitive pieces of hardware, Apple is able to exert pricing power on consumers even in times of high inflation. However, it is important to remember that an iPhone or Mac computer is ultimately largely a discretionary product, and the purchase of the next iteration can be postponed in the event of an economic downturn. As will be shown later, a recession is likely not currently priced into Apple stock.Geographical Concentration RisksInvestors should note that Apple generated nearly a quarter of its fiscal 2022 sales in Europe, and it seems reasonable to expect that the eurozone, unlike the United States, will have a much harder time overcoming high inflation rates, in part due to the substantial debt of southern European countries, which would likely become insolvent if interest rates were raised at a pace similar to that in the United States. Of course, however, keeping inflation in control by raising interest rates is an incomplete line of thinking.Nevertheless, the difficult situation of the European Central Bank and its increasing emphasis on approaches reminiscent of a planned economy (e.g.,Green Dealand the resultingTaxonomy Regulation) are preparing the bloc for continued high inflation rates and thus lower disposable incomes.A deep recession in Europe is also likely to impact Apple's supply chain, as the company relies on several hundred suppliers in Germany (767 in 2018 according toHandelsblatt).Of course, Apple's global position also makes it vulnerable to foreign exchange rate headwinds, as the company ultimately reports its earnings in U.S. dollars. However, I believe this is a well-known aspect that applies to all truly global companies. There is only so much a company can do to hedge against exchange rate fluctuations, and I consider this a simple cost of doing business when operating on a global scale.Sustainability Of App Store MarginsSoftware developers have noticed the seemingly unstoppable growth of Apple's installed base, which probably recently passed the2 billion mark. Apple's growth keeps developers motivated to continue to create new apps for iOS, which has the added advantage of very limited device configurations compared to the numerous devices running Android. I expect Apple to benefit from this for the foreseeable future, as long as the company does not make any glaring hardware design mistakes and stays true to its intuitive software architecture. However, it should not be forgotten that Apple faces challenges related to its somewhat aggressive monopolistic behavior in connection with its app store. It therefore seems prudent to keep an eye on Apple's subscription-based sales. I view it as largely positive that Apple's (high-margin) service revenue has increased from 11% of total revenue in fiscal 2016 to nearly 20% in fiscal 2022. However, improved app developer compensation and increased regulatory scrutiny could deal a blow to this important segment, thereby impacting free cash flow.Working Capital ManagementAnother aspect to consider is working capital management. Cash is king, and companies with pricing power benefit enormously by being able to enforce their payment terms on both their suppliers and their customers. In addition, global giants like Apple benefit significantly from highly efficient inventory management. Less cash tied up in working capital accounts (receivables, inventories) leads to higher free cash flow. By minimizing the time to collect payments from customers and maximizing the time to pay suppliers, a company can benefit significantly from cheap (or free) credit. This is in particular important in a rising interest rate environment. A - highly desirable - negative cash conversion cycle (CCC) results when a company can collect and retain payments from customers for a certain time, that actually belong to suppliers (e.g., app developers).Apple is a shining example in this regard and has kept its inventory days and days sales outstanding (DSO) very tight while expanding its days payables outstanding (DPO) quite significantly between fiscal 2013 and fiscal 2019 (Figure 3). However, presumably due to ongoing supply chain issues and the relocation of certain suppliers, DPO declined in recent years, resulting in a weakening but still excellent cash conversion cycle (CCC) of -62 days in fiscal 2022.Improved conditions for app developers, as hypothesized above, could also put pressure on Apple's working capital management, thereby impacting free cash flow. Conversely, supply chain issues will eventually be resolved, improving the working capital management of Apple's hardware segment.Figure 3: Apple’s days sales and payables outstanding, inventory days and cash conversion cycle (own work, based on the company’s fiscal 2012 to 2022 10-Ks.Possible Signs Of Underinvestment And The Course Toward Mean ReversionIt is also worth noting Apple's capital expenditures, which typically range from $9 billion to $13 billion per year. Relatively speaking, capital expenditures have been on a downward trend since fiscal 2016, as shown in Figure 4. While some might argue that Apple is underinvesting, I would not overstate this aspect at this point in time (see below). While capital expenditures as a percentage of OCF continue to decline, it should be remembered that this is largely due to strong OCF growth and only to a small extent a result of lower actual investment in the business.Figure 4: Apple’s capital expenditures as a percentage of normalized operating cash flow (own work, based on the company’s fiscal 2011 to 2022 10-Ks.Apple's key long-term free cash flow growth driver is innovation. Apple has innovated in both hardware and software, for example by introducing its ownprocessorsin its iPhones and Mac computers, a smart watch (Apple Watch), and its own payment service (Apple Pay). However, Apple has not introduced any groundbreaking new devices like theiPhoneor the iPod in a long time. I do believe that at some point, the users so accustomed to innovations will be saturated as it becomes increasingly difficult to pack truly groundbreaking new features into the devices currently available.At some point, Apple will have to come up with a new technological gadget - whether it is some sort of wearable, self-driving car, or technologically integrated piece of furniture. I am sure Apple will come up with something at some point, but it is also true that the race to find the next hot innovation is extremely competitive and capital-intensive, especially as it relates to autonomous driving. From this perspective, it does not seem unrealistic to assume that Apple will have to invest more and more cash flow into the business at a percentage equal to or above the historical average, as shown in Figure 4.What Is Currently Priced Into AAPL Stock?Several aspects underlying Apple's excellent free cash flow growth have been discussed, as well as potentially limiting factors. With the release of the fiscal2022 10-Ka few days ago, we now have a clear view of Apple's recent cash flows, which provide a basis for valuing the stock.First, let me share my FAST Graphs-inspired chart in Figure 5, which shows Apple's nFCF per share versus split-adjusted price per share. Clearly, Apple's stock price and free cash flow decoupled sometime in 2020, when investors began pricing huge growth rates into the stock. While it is entirely possible that Apple will continue to be able to grow its free cash flow at a high rate going forward, I simply believe that the likelihood of FCF remaining stagnant for at least a couple of years is relatively high for the reasons outlined above. Apple stock could be dead money for the foreseeable future, or worse, it could move closer to its long-term FCF trend, suggesting ample downside and a current fair value in the $100 region.Figure 5: Apple’s normalized free cash flow per share compared to its split-adjusted share price; note that nFCFs have been aligned with fiscal year ends in late September (own work, based on the company’s fiscal 2010 to fiscal 2022 10-Ks and the daily closing stock price of AAPL)Next, I evaluated Apple stock from a discounted cash flow (DCF) perspective - after all, a company is only worth the sum of its future cash flows, discounted to today at an appropriate rate. For Apple, I believe a cost of equity of 9.5% is appropriate, taking into account current long-term government bond rates and a 5% equity risk premium. For the DCF analysis below, I have used Apple's average nFCF for fiscal years 2021 to 2022 as the baseline cash flow, which may even be a somewhat optimistic assumption given the threat of a recession.Long-term visibility of revenue (and thus cash flow) is very difficult, which is also underscored by analyst estimates. More than 20 analystscoverApple on a two-year basis, expecting year-over-year revenue growth rates of 3.3% and 5.2% for fiscal years 2023 and 2024, respectively. After that, the number of analysts drops to 9. From fiscal 2026 to fiscal 2027, only 2 analysts cover Apple, and for the later years, there is only one analyst - a particularly optimistic one - who expects year-over-year sales growth rates of 18%, 9%, 9%, 10%, and 10% between fiscal 2028 and 2032. I am not in a position to provide plausible long-term estimates, but I consider anything higher than 5% p.a. over the next five years to be unduly optimistic for the reasons outlined above. Therefore, in the illustration of the DCF model in Figure 6, I have used a growth rate of 5% for the next five years, 4% for the subsequent five years, and a terminal growth rate of 3%.Figure 6: Cash flows underlying Apple's discounted cash flow analysis; terminal value not shown (own work)Summing the discounted cash flows and dividing the result by the current number of weighted average diluted shares outstanding yields a fair value of about $100, which is well in line with the backward-looking valuation in Figure 6.Put differently, to justify the current price of $150 per share, Apple would need to grow its free cash flow at a rate of 10% per year over the next five years (is this a realistic assumption in the context of a likely economic downturn?), followed by a growth rate of a similarly high 8% p.a. until year 10, and a terminal growth rate of 5%.Personally, I find it difficult to see such growth rates as realistic for the reasons mentioned above. In order to achieve such rates, Apple will likely be forced to diversify into other business areas, which is associated with considerable uncertainties, as its current business model will simply lack the addressable market at some point due to size.However, some may object that both valuation approaches are based on free cash flow and therefore represent an isolated approach. This is true, and conventional multiples-based approaches can also provide a good view on a company's valuation. Figure 7 compares ten-year averages of earnings- and revenue-based multiples with current values. It is evident that Apple is significantly overvalued on every metric, including its dividend yield (currently 0.6% versus a five-year average of 1.4%). Finally, it should also be remembered that these valuations are the product of what is likely the strongest bull market in recent history, giving cautious investors pause for thought. Morningstar currentlyratesApple at two stars and believes the stock is 15% overvalued. It is worth noting that the investor services firm views Apple as a company with only a narrow economic moat.Figure 7: Historical valuation of Apple stock, note that the price-earnings-growth ratio (PEG) has scaled by a factor of 10 for the sake of visibility (own work)Concluding RemarksThere is no question about it - Apple is a world-class company with a deeply rooted ecosystem, an ever-growing, religious-like following, and very strong management. The company is one of the few with real pricing power. However, with all the justified optimism, Apple markets largely discretionary products.Investors expect Apple to continue to be able to grow free cash flow by double digit, or at least high single digit rates, for the foreseeable future. However, the growth story has its limits. Apple will likely reach its limits at some point because the addressable market is saturated, so it will need to pursue other growth opportunities. Exploring new opportunities comes with execution risks and requires significant capital expenditures, which have been steadily declining since fiscal 2016 in relative terms. Moreover, Apple is already an extremely well-managed company that will struggle to increase free cash flow through improvements in working capital management - an often-overlooked growth driver of several less well-managed companies.As I have shown, Apple is significantly overvalued assuming more down-to-earth growth expectations. The market has been merciless on other tech stocks such as Amazon, Meta Platforms and Alphabet. So it is only reasonable to assume that Apple stock will also take a serious beating should the company fall short of expectations in any of the coming quarters. For example, what if the all-important holiday shopping season turns out slower than expected, capital expenditures rise significantly, or Europe faces a deep recession?If I owned the stock, I would at least toy with the idea of selling it, as it is obviously overvalued. This can easily be seen in the decoupling of the share price from free cash flow since 2020 and the decoupling from the overall market in 2022. Of course, this assumes that taxes do not need to be factored into the equation.Of course, none of these changes the fact that Apple is an extremely well-run company with a deeply entrenched ecosystem and an almost religious following. Therefore, I continue to keep the stock on my bear market watch list and patiently wait for the market to come back to its senses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908786986,"gmtCreate":1659439413947,"gmtModify":1705980364265,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908786986","repostId":"1159776384","repostType":4,"repost":{"id":"1159776384","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1659429205,"share":"https://ttm.financial/m/news/1159776384?lang=&edition=fundamental","pubTime":"2022-08-02 16:33","market":"us","language":"en","title":"Pinterest, AMD, BP and Caterpillar: U.S. Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1159776384","media":"Benzinga","summary":"Wall Street expects Caterpillar Inc. to report quarterly earnings at $3.01 per share on revenue of $","content":"<html><head></head><body><ul><li>Wall Street expects <a href=\"https://laohu8.com/S/CAT\">Caterpillar Inc.</a> to report quarterly earnings at $3.01 per share on revenue of $14.38 billion before the opening bell. Caterpillar shares rose 1% to $196.85 in after-hours trading.</li><li><a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a> reported weaker-than-expected earnings for its second quarter on Monday. However, Pinterest shares rose sharply in after-hours trading after Elliott Investment Management announced they are now Pinterest&#39;s largest investor. Pinterest shares jumped 21.4% to $24.27 in the after-hours trading session.</li><li>Analysts are expecting <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices, Inc.</a> to have earned $1.03 per share on revenue of $6.53 billion for the latest quarter. The company will release earnings after the markets close. AMD shares rose 0.6% to $97.40 in after-hours trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/ZI\">ZoomInfo Technologies Inc.</a> reported better-than-expected results for its second quarter and also raised its revenue guidance for FY22. ZoomInfo shares surged 11.3% to $42.00 in the after-hours trading session.</li><li><a href=\"https://laohu8.com/S/BP\">BP Plc</a> boosted its dividend after reporting a sharp rise in profits for the second quarter. The company also announced plans to repurchase $3.5 billion of shares over the next three months. BP shares rose 1.5% to $29.48 in the after-hours trading session.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pinterest, AMD, BP and Caterpillar: U.S. Stocks To Watch</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\">\nPinterest, AMD, BP and Caterpillar: U.S. Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-08-02 16:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Wall Street expects <a href=\"https://laohu8.com/S/CAT\">Caterpillar Inc.</a> to report quarterly earnings at $3.01 per share on revenue of $14.38 billion before the opening bell. Caterpillar shares rose 1% to $196.85 in after-hours trading.</li><li><a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a> reported weaker-than-expected earnings for its second quarter on Monday. However, Pinterest shares rose sharply in after-hours trading after Elliott Investment Management announced they are now Pinterest&#39;s largest investor. Pinterest shares jumped 21.4% to $24.27 in the after-hours trading session.</li><li>Analysts are expecting <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices, Inc.</a> to have earned $1.03 per share on revenue of $6.53 billion for the latest quarter. The company will release earnings after the markets close. AMD shares rose 0.6% to $97.40 in after-hours trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/ZI\">ZoomInfo Technologies Inc.</a> reported better-than-expected results for its second quarter and also raised its revenue guidance for FY22. ZoomInfo shares surged 11.3% to $42.00 in the after-hours trading session.</li><li><a href=\"https://laohu8.com/S/BP\">BP Plc</a> boosted its dividend after reporting a sharp rise in profits for the second quarter. The company also announced plans to repurchase $3.5 billion of shares over the next three months. BP shares rose 1.5% to $29.48 in the after-hours trading session.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","CAT":"卡特彼勒","AMD":"美国超微公司","ZI":"ZoomInfo Technologies Inc.","BP":"英国石油"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159776384","content_text":"Wall Street expects Caterpillar Inc. to report quarterly earnings at $3.01 per share on revenue of $14.38 billion before the opening bell. Caterpillar shares rose 1% to $196.85 in after-hours trading.Pinterest, Inc. reported weaker-than-expected earnings for its second quarter on Monday. However, Pinterest shares rose sharply in after-hours trading after Elliott Investment Management announced they are now Pinterest's largest investor. Pinterest shares jumped 21.4% to $24.27 in the after-hours trading session.Analysts are expecting Advanced Micro Devices, Inc. to have earned $1.03 per share on revenue of $6.53 billion for the latest quarter. The company will release earnings after the markets close. AMD shares rose 0.6% to $97.40 in after-hours trading.ZoomInfo Technologies Inc. reported better-than-expected results for its second quarter and also raised its revenue guidance for FY22. ZoomInfo shares surged 11.3% to $42.00 in the after-hours trading session.BP Plc boosted its dividend after reporting a sharp rise in profits for the second quarter. The company also announced plans to repurchase $3.5 billion of shares over the next three months. BP shares rose 1.5% to $29.48 in the after-hours trading session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9085175162,"gmtCreate":1650674822295,"gmtModify":1676534774189,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085175162","repostId":"2229641491","repostType":4,"repost":{"id":"2229641491","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1650668840,"share":"https://ttm.financial/m/news/2229641491?lang=&edition=fundamental","pubTime":"2022-04-23 07:07","market":"us","language":"en","title":"Wall St Slumps as Weak Earnings, Rate Hike Clarity Spook Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2229641491","media":"Reuters","summary":"* Healthcare stocks slump on HCA, Intuitive Surgical numbers* Big tech down ahead of earnings next w","content":"<html><head></head><body><p>* Healthcare stocks slump on HCA, Intuitive Surgical numbers</p><p>* Big tech down ahead of earnings next week</p><p>* Dow posts biggest one-day fall since Oct. 2020</p><p>* Weekly falls: Dow 1.9%, S&amp;P 2.8%, Nasdaq 3.8%</p><p>* Indexes down on Friday: Dow 2.82%, S&amp;P 2.77%, Nasdaq 2.55% </p><p>April 22 (Reuters) - Wall Street tumbled more than 2.5% on Friday, ensuring the three main benchmarks ended in negative territory for the week, as surprise earnings news and increased certainty around aggressive near-term interest rate rises took its toll on investors.</p><p>It was the third straight week of losses for both the S&amp;P 500 and the Nasdaq, while the Dow Jones posted its fourth weekly decline in a row.</p><p>For the Dow, its 2.82% drop on Friday was its biggest one-day fall since October 2020.</p><p>Exaggerated trading swings have become more common recently, as traders adjust to new data points from earnings, as well as when rates will rise again. For the Nasdaq, Friday was the eighth session in April, out of 15 trading days this month, where the index either rose or fell by more than 2%.</p><p>&#34;It&#39;s not very common, over the course of my time doing this job, for the market to move 2% in either direction and to think &#39;there&#39;s not too much to read into that&#39;,&#34; said Craig Erlam, senior market analyst at OANDA.</p><p>&#34;That&#39;s not normal, but that&#39;s just how things have been for such a long time now.&#34;</p><p>Concerns about risks from interest rate hikes continued to reverberate after Federal Reserve Chair Jerome Powell&#39;s hawkish pivot on Thursday, where he backed moving more quickly to combat inflation and said a 50-basis-point increase would be &#34;on the table&#34; when the Fed meets in May.</p><p>The idea of &#34;front-end loading&#34; the U.S. central bank&#39;s retreat from super-easy monetary policy, which Powell articulated support for on Thursday, has also forced traders to re-evaluate how aggressive subsequent rate rises would be.</p><p>The CBOE Volatility index, also known as Wall Street&#39;s fear gauge, jumped on Friday, ending at its highest level since mid-March.</p><p>Meanwhile, the latest earnings forecasts to jolt investors came from healthcare, with HCA Healthcare and Intuitive Surgical Inc the worst performers on the S&amp;P 500.</p><p>HCA slumped 21.8% after reporting a downbeat profit view, while other hospital operators felt the contagion: Tenet Healthcare, Community Health Systems and Universal Health Services all tumbled between 14% and 17.9%.</p><p>Surgical robot maker Intuitive Surgical dropped 14.3% after warning of weaker demand from hospitals due to tighter finances.</p><p>All 11 major S&amp;P 500 sectors were down, although the 3.6% slip by healthcare was outdone by materials, which was off 3.7%.</p><p>Materials was weighed down by Nucor Corp - down 8.3% after hitting a record high after posting earnings on Thursday - and Freeport-McMoRan Inc, which slipped 6.8% as investors fretted over how interest rate hikes would impact copper miners.</p><p>The Dow Jones Industrial Average fell 981.36 points, or 2.82%, to 33,811.4, the S&amp;P 500 lost 121.88 points, or 2.77%, to 4,271.78 and the Nasdaq Composite dropped 335.36 points, or 2.55%, to 12,839.29.</p><p>For the week, the Dow dipped 1.9%, the S&amp;P dropped 2.8%, and the Nasdaq declined 3.8%.</p><p>The prospect of a more hawkish Fed has led to a rocky start to the year for equities, with Friday&#39;s sell-off taking declines on both the S&amp;P and Dow since the start of the year beyond 10%.</p><p>The trend is more pronounced in tech and growth shares whose valuations are more vulnerable to rising bond yields. The Nasdaq is down 17.9% in 2022.</p><p>Earnings are due next week for the four biggest U.S. companies by market capitalization: Apple, Microsoft , Amazon and Google parent Alphabet.</p><p>The quartet declined between 2.4% and 4.1% on Friday. Meta Platforms Inc, which also has results on deck for next week, dropped 2.1%, taking its losses in the last three days to 15.3%.</p><p>Investors are worried after streaming giant Netflix Inc&#39;s dismal earnings earlier this week sent shockwaves through big tech and stay-at-home darlings which benefited from pandemic factors such as lockdown measures.</p><p>The volume on U.S. exchanges was 11.66 billion shares, compared with the 11.67 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Slumps as Weak Earnings, Rate Hike Clarity Spook Investors</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\">\nWall St Slumps as Weak Earnings, Rate Hike Clarity Spook Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-04-23 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Healthcare stocks slump on HCA, Intuitive Surgical numbers</p><p>* Big tech down ahead of earnings next week</p><p>* Dow posts biggest one-day fall since Oct. 2020</p><p>* Weekly falls: Dow 1.9%, S&amp;P 2.8%, Nasdaq 3.8%</p><p>* Indexes down on Friday: Dow 2.82%, S&amp;P 2.77%, Nasdaq 2.55% </p><p>April 22 (Reuters) - Wall Street tumbled more than 2.5% on Friday, ensuring the three main benchmarks ended in negative territory for the week, as surprise earnings news and increased certainty around aggressive near-term interest rate rises took its toll on investors.</p><p>It was the third straight week of losses for both the S&amp;P 500 and the Nasdaq, while the Dow Jones posted its fourth weekly decline in a row.</p><p>For the Dow, its 2.82% drop on Friday was its biggest one-day fall since October 2020.</p><p>Exaggerated trading swings have become more common recently, as traders adjust to new data points from earnings, as well as when rates will rise again. For the Nasdaq, Friday was the eighth session in April, out of 15 trading days this month, where the index either rose or fell by more than 2%.</p><p>&#34;It&#39;s not very common, over the course of my time doing this job, for the market to move 2% in either direction and to think &#39;there&#39;s not too much to read into that&#39;,&#34; said Craig Erlam, senior market analyst at OANDA.</p><p>&#34;That&#39;s not normal, but that&#39;s just how things have been for such a long time now.&#34;</p><p>Concerns about risks from interest rate hikes continued to reverberate after Federal Reserve Chair Jerome Powell&#39;s hawkish pivot on Thursday, where he backed moving more quickly to combat inflation and said a 50-basis-point increase would be &#34;on the table&#34; when the Fed meets in May.</p><p>The idea of &#34;front-end loading&#34; the U.S. central bank&#39;s retreat from super-easy monetary policy, which Powell articulated support for on Thursday, has also forced traders to re-evaluate how aggressive subsequent rate rises would be.</p><p>The CBOE Volatility index, also known as Wall Street&#39;s fear gauge, jumped on Friday, ending at its highest level since mid-March.</p><p>Meanwhile, the latest earnings forecasts to jolt investors came from healthcare, with HCA Healthcare and Intuitive Surgical Inc the worst performers on the S&amp;P 500.</p><p>HCA slumped 21.8% after reporting a downbeat profit view, while other hospital operators felt the contagion: Tenet Healthcare, Community Health Systems and Universal Health Services all tumbled between 14% and 17.9%.</p><p>Surgical robot maker Intuitive Surgical dropped 14.3% after warning of weaker demand from hospitals due to tighter finances.</p><p>All 11 major S&amp;P 500 sectors were down, although the 3.6% slip by healthcare was outdone by materials, which was off 3.7%.</p><p>Materials was weighed down by Nucor Corp - down 8.3% after hitting a record high after posting earnings on Thursday - and Freeport-McMoRan Inc, which slipped 6.8% as investors fretted over how interest rate hikes would impact copper miners.</p><p>The Dow Jones Industrial Average fell 981.36 points, or 2.82%, to 33,811.4, the S&amp;P 500 lost 121.88 points, or 2.77%, to 4,271.78 and the Nasdaq Composite dropped 335.36 points, or 2.55%, to 12,839.29.</p><p>For the week, the Dow dipped 1.9%, the S&amp;P dropped 2.8%, and the Nasdaq declined 3.8%.</p><p>The prospect of a more hawkish Fed has led to a rocky start to the year for equities, with Friday&#39;s sell-off taking declines on both the S&amp;P and Dow since the start of the year beyond 10%.</p><p>The trend is more pronounced in tech and growth shares whose valuations are more vulnerable to rising bond yields. The Nasdaq is down 17.9% in 2022.</p><p>Earnings are due next week for the four biggest U.S. companies by market capitalization: Apple, Microsoft , Amazon and Google parent Alphabet.</p><p>The quartet declined between 2.4% and 4.1% on Friday. Meta Platforms Inc, which also has results on deck for next week, dropped 2.1%, taking its losses in the last three days to 15.3%.</p><p>Investors are worried after streaming giant Netflix Inc&#39;s dismal earnings earlier this week sent shockwaves through big tech and stay-at-home darlings which benefited from pandemic factors such as lockdown measures.</p><p>The volume on U.S. exchanges was 11.66 billion shares, compared with the 11.67 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","ISRG":"直觉外科公司","HCA":"HCA控股",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2229641491","content_text":"* Healthcare stocks slump on HCA, Intuitive Surgical numbers* Big tech down ahead of earnings next week* Dow posts biggest one-day fall since Oct. 2020* Weekly falls: Dow 1.9%, S&P 2.8%, Nasdaq 3.8%* Indexes down on Friday: Dow 2.82%, S&P 2.77%, Nasdaq 2.55% April 22 (Reuters) - Wall Street tumbled more than 2.5% on Friday, ensuring the three main benchmarks ended in negative territory for the week, as surprise earnings news and increased certainty around aggressive near-term interest rate rises took its toll on investors.It was the third straight week of losses for both the S&P 500 and the Nasdaq, while the Dow Jones posted its fourth weekly decline in a row.For the Dow, its 2.82% drop on Friday was its biggest one-day fall since October 2020.Exaggerated trading swings have become more common recently, as traders adjust to new data points from earnings, as well as when rates will rise again. For the Nasdaq, Friday was the eighth session in April, out of 15 trading days this month, where the index either rose or fell by more than 2%.\"It's not very common, over the course of my time doing this job, for the market to move 2% in either direction and to think 'there's not too much to read into that',\" said Craig Erlam, senior market analyst at OANDA.\"That's not normal, but that's just how things have been for such a long time now.\"Concerns about risks from interest rate hikes continued to reverberate after Federal Reserve Chair Jerome Powell's hawkish pivot on Thursday, where he backed moving more quickly to combat inflation and said a 50-basis-point increase would be \"on the table\" when the Fed meets in May.The idea of \"front-end loading\" the U.S. central bank's retreat from super-easy monetary policy, which Powell articulated support for on Thursday, has also forced traders to re-evaluate how aggressive subsequent rate rises would be.The CBOE Volatility index, also known as Wall Street's fear gauge, jumped on Friday, ending at its highest level since mid-March.Meanwhile, the latest earnings forecasts to jolt investors came from healthcare, with HCA Healthcare and Intuitive Surgical Inc the worst performers on the S&P 500.HCA slumped 21.8% after reporting a downbeat profit view, while other hospital operators felt the contagion: Tenet Healthcare, Community Health Systems and Universal Health Services all tumbled between 14% and 17.9%.Surgical robot maker Intuitive Surgical dropped 14.3% after warning of weaker demand from hospitals due to tighter finances.All 11 major S&P 500 sectors were down, although the 3.6% slip by healthcare was outdone by materials, which was off 3.7%.Materials was weighed down by Nucor Corp - down 8.3% after hitting a record high after posting earnings on Thursday - and Freeport-McMoRan Inc, which slipped 6.8% as investors fretted over how interest rate hikes would impact copper miners.The Dow Jones Industrial Average fell 981.36 points, or 2.82%, to 33,811.4, the S&P 500 lost 121.88 points, or 2.77%, to 4,271.78 and the Nasdaq Composite dropped 335.36 points, or 2.55%, to 12,839.29.For the week, the Dow dipped 1.9%, the S&P dropped 2.8%, and the Nasdaq declined 3.8%.The prospect of a more hawkish Fed has led to a rocky start to the year for equities, with Friday's sell-off taking declines on both the S&P and Dow since the start of the year beyond 10%.The trend is more pronounced in tech and growth shares whose valuations are more vulnerable to rising bond yields. The Nasdaq is down 17.9% in 2022.Earnings are due next week for the four biggest U.S. companies by market capitalization: Apple, Microsoft , Amazon and Google parent Alphabet.The quartet declined between 2.4% and 4.1% on Friday. Meta Platforms Inc, which also has results on deck for next week, dropped 2.1%, taking its losses in the last three days to 15.3%.Investors are worried after streaming giant Netflix Inc's dismal earnings earlier this week sent shockwaves through big tech and stay-at-home darlings which benefited from pandemic factors such as lockdown measures.The volume on U.S. exchanges was 11.66 billion shares, compared with the 11.67 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031163928,"gmtCreate":1646471798168,"gmtModify":1676534133247,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031163928","repostId":"1191967456","repostType":4,"repost":{"id":"1191967456","kind":"news","pubTimestamp":1646438555,"share":"https://ttm.financial/m/news/1191967456?lang=&edition=fundamental","pubTime":"2022-03-05 08:02","market":"us","language":"en","title":"3 Luxury Stocks to Buy to Profit From Metaverse Mania","url":"https://stock-news.laohu8.com/highlight/detail?id=1191967456","media":"InvestorPlace","summary":"Luxury stocks are gaining traction as their brands seek ways to enter the metaverse, which combines ","content":"<html><head></head><body><p>Luxury stocks are gaining traction as their brands seek ways to enter the metaverse, which combines mixed reality (MR) with social gaming, e-commerce, and the blockchain. Many luxury names are increasingly investing in the metaverse to bolster their digital presence.</p><p>Analysts at <b>Morgan Stanley</b> (NYSE:MS)estimate that non-fungible tokens (NFTs) and social gaming could expand the total addressable market of luxury stocks by more than 10% in eight years, leading to additional sales that could reach $50 billion by 2030. Themetaverseis also expected to boost industry earnings before interest and tax by around 25%.</p><p>In social gaming, players add luxury products to their online avatars to enhance their player image. However, the more significant opportunity lies in the NFT market, where luxury companies sell exclusive versions of their digital products.</p><p>With this in mind, here are three luxury stocks that look poised to profit from the metaverse in 2022:</p><ul><li><b>Burberry Group</b>(OTCMKTS:<b>BURBY</b>)</li><li><b>Kering</b>(OTCMKTS:<b><u>PPRUY</u></b>)</li><li><b>Ralph Lauren</b>(NYSE:<b>RL</b>)</li></ul><p><b>Luxury stocks: Burberry Group</b>(BURBY)</p><p>52 week range: $21.45 – $32.17</p><p>Dividend Yield: 3.13%</p><p>Our first luxury stock comes from the other side of the Atlantic. The London-based Burberry sells apparel, fragrances, and fashion accessories globally.</p><p>In August 2021, the luxury brand partnered with Mythical Games. It has issued a vinyl NFT toy version of its signature Sharky B character. Burberry sold out all 750 NFT units within30 seconds. In addition, the company recently revealed a 3D animation of its deer mascot for Singles’ Day in China.</p><p>Burberry released 2021 financial results in mid-January. Annual revenue was 2.34 billion pounds sterling, a decline of 11% year-over-year (YOY). Revenue increased in the Asia Pacific region by over 15%. However, rest of the world saw double-digit declines.</p><p>Burberry hovers around $22, down 17% over the past year. Shares are trading at 18.8times forward earnings and 2.95 times trailing sales. The 12-month median price forecast for Burberrystands at $29.82.</p><p><b>Kering</b>(PPRUY)</p><p>52 week range: $60.72 – $93.44</p><p>Dividend Yield: 1.59%</p><p>Paris-based Kering is the second-largest luxury goods conglomerate worldwide. Several of its brands include Gucci, Alexander McQueen, Balenciaga, and Yves Saint Laurent.</p><p>Gucci has a collaboration with gaming platform <b>Roblox</b> (NYSE:RBLX), allowing players to purchase digital Gucci items within the game. A virtual Gucci purse was recently resold for more money than its real-world counterpart. In addition, Balenciaga has a partnership with <b>Epic Games</b> for in-game merchandise of the online game Fortnite.</p><p>Kering announced strong 2021 annual results on Feb. 17. Revenue increased 35% YOY to 17.64 billion euros. Management highlighted the record recurring operating income, which was up 60%.</p><p>Kering stock hovers around $61, up less than 1% over the past year. However, it’s down 24% year-to-date (YTD). Shares are trading at 20.4 times forward earnings and 4.52 times trailing sales.</p><p><b>Luxury Stocks: Ralph Lauren</b>(RL)</p><p>52 week range: $114.51 – $122.82</p><p>Dividend Yield: 2.14%</p><p>Our last stock is the New York-based Ralph Lauren, another well-known domestic luxury brand. Its products include apparel, footwear, home products, fragrances and jewelry.</p><p>Ralph Lauren is adding non fungible-tokens (NFT) elements to new collections. It has recently partnered with Roblox to launch The Ralph Lauren Winter Escape. Now, players purchase clothing to customize their avatars at virtual Polo Shops.</p><p>The luxury brand announcedQ3 FY22 results on Feb. 3. Revenue increased 27% YOY to $1.8 billion. Adjusted net income came in at $218 million, or $2.94 per diluted share, up from $125 million, or $1.67 per diluted share, in the prior-year quarter. Cash and equivalents ended the period at $3 billion.</p><p>RL stock hovers at $130 territory, down 5% over the past 12 months. It’s down 3% YTD. Shares are trading at 14.5 times forward earnings and 1.7 times trailing sales. The 12-month median price forecast for Ralph Lauren stands at $143.50.</p><p></p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Luxury Stocks to Buy to Profit From Metaverse Mania</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Luxury Stocks to Buy to Profit From Metaverse Mania\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-05 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/3-luxury-stocks-to-buy-to-profit-from-metaverse-mania/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Luxury stocks are gaining traction as their brands seek ways to enter the metaverse, which combines mixed reality (MR) with social gaming, e-commerce, and the blockchain. Many luxury names are ...</p>\n\n<a href=\"https://investorplace.com/2022/03/3-luxury-stocks-to-buy-to-profit-from-metaverse-mania/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BURBY":"Burberry Group Plc","RL":"拉夫劳伦","PPRUY":"Kering SA"},"source_url":"https://investorplace.com/2022/03/3-luxury-stocks-to-buy-to-profit-from-metaverse-mania/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191967456","content_text":"Luxury stocks are gaining traction as their brands seek ways to enter the metaverse, which combines mixed reality (MR) with social gaming, e-commerce, and the blockchain. Many luxury names are increasingly investing in the metaverse to bolster their digital presence.Analysts at Morgan Stanley (NYSE:MS)estimate that non-fungible tokens (NFTs) and social gaming could expand the total addressable market of luxury stocks by more than 10% in eight years, leading to additional sales that could reach $50 billion by 2030. Themetaverseis also expected to boost industry earnings before interest and tax by around 25%.In social gaming, players add luxury products to their online avatars to enhance their player image. However, the more significant opportunity lies in the NFT market, where luxury companies sell exclusive versions of their digital products.With this in mind, here are three luxury stocks that look poised to profit from the metaverse in 2022:Burberry Group(OTCMKTS:BURBY)Kering(OTCMKTS:PPRUY)Ralph Lauren(NYSE:RL)Luxury stocks: Burberry Group(BURBY)52 week range: $21.45 – $32.17Dividend Yield: 3.13%Our first luxury stock comes from the other side of the Atlantic. The London-based Burberry sells apparel, fragrances, and fashion accessories globally.In August 2021, the luxury brand partnered with Mythical Games. It has issued a vinyl NFT toy version of its signature Sharky B character. Burberry sold out all 750 NFT units within30 seconds. In addition, the company recently revealed a 3D animation of its deer mascot for Singles’ Day in China.Burberry released 2021 financial results in mid-January. Annual revenue was 2.34 billion pounds sterling, a decline of 11% year-over-year (YOY). Revenue increased in the Asia Pacific region by over 15%. However, rest of the world saw double-digit declines.Burberry hovers around $22, down 17% over the past year. Shares are trading at 18.8times forward earnings and 2.95 times trailing sales. The 12-month median price forecast for Burberrystands at $29.82.Kering(PPRUY)52 week range: $60.72 – $93.44Dividend Yield: 1.59%Paris-based Kering is the second-largest luxury goods conglomerate worldwide. Several of its brands include Gucci, Alexander McQueen, Balenciaga, and Yves Saint Laurent.Gucci has a collaboration with gaming platform Roblox (NYSE:RBLX), allowing players to purchase digital Gucci items within the game. A virtual Gucci purse was recently resold for more money than its real-world counterpart. In addition, Balenciaga has a partnership with Epic Games for in-game merchandise of the online game Fortnite.Kering announced strong 2021 annual results on Feb. 17. Revenue increased 35% YOY to 17.64 billion euros. Management highlighted the record recurring operating income, which was up 60%.Kering stock hovers around $61, up less than 1% over the past year. However, it’s down 24% year-to-date (YTD). Shares are trading at 20.4 times forward earnings and 4.52 times trailing sales.Luxury Stocks: Ralph Lauren(RL)52 week range: $114.51 – $122.82Dividend Yield: 2.14%Our last stock is the New York-based Ralph Lauren, another well-known domestic luxury brand. Its products include apparel, footwear, home products, fragrances and jewelry.Ralph Lauren is adding non fungible-tokens (NFT) elements to new collections. It has recently partnered with Roblox to launch The Ralph Lauren Winter Escape. Now, players purchase clothing to customize their avatars at virtual Polo Shops.The luxury brand announcedQ3 FY22 results on Feb. 3. Revenue increased 27% YOY to $1.8 billion. Adjusted net income came in at $218 million, or $2.94 per diluted share, up from $125 million, or $1.67 per diluted share, in the prior-year quarter. Cash and equivalents ended the period at $3 billion.RL stock hovers at $130 territory, down 5% over the past 12 months. It’s down 3% YTD. Shares are trading at 14.5 times forward earnings and 1.7 times trailing sales. The 12-month median price forecast for Ralph Lauren stands at $143.50.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039625298,"gmtCreate":1646025476642,"gmtModify":1676534083511,"author":{"id":"3586770271918953","authorId":"3586770271918953","name":"Taishu1234","avatar":"https://static.tigerbbs.com/304c84abf6afa2a712e382db070e86df","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586770271918953","authorIdStr":"3586770271918953"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039625298","repostId":"2214189884","repostType":4,"repost":{"id":"2214189884","kind":"news","pubTimestamp":1646020082,"share":"https://ttm.financial/m/news/2214189884?lang=&edition=fundamental","pubTime":"2022-02-28 11:48","market":"us","language":"en","title":"Palantir's Gold Bullion Bet And War With Russia","url":"https://stock-news.laohu8.com/highlight/detail?id=2214189884","media":"seekingalpha","summary":"If one wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typicall","content":"<html><head></head><body><p>If <a href=\"https://laohu8.com/S/AONE.U\">one</a> wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typically be the vehicle used. However, these ETFs are financial products which have the inevitable counterparty risk.</p><p>For example, if their custodian HSBC Bank <a href=\"https://laohu8.com/S/PLC\">PLC</a> was impaired, this could affect the claim that GLD has on that gold. To further complicate matters, there are often times sub-custodians are used by custodians, including HSBC. In theory, all you need is one link in the chain to go bad and suddenly, the ETF no longer has access to the full amount of gold it contractually is supposed to have.</p><p>This is why, if you&#39;re real prepper, you prefer physical gold. Specifically, physical gold allocated to you, rather than a generic share in an unallocated pool. All evidence suggests that this is indeed what Palantir (PLTR) bought; allocated 100-ounce gold bars.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bfc239c34eb1c447849b4f68d67b06a\" tg-width=\"640\" tg-height=\"84\" width=\"100%\" height=\"auto\"/><span>Palantir 10-Q filed 8-12-2021</span></p><p>In summary, Palantir was not doing typical commodity speculation. They were preparing for something more sinister.</p><p>As to what Palantir was anticipating, we do not know. It may not even be a specific event. In an interview, CFO Shyam Sankar said it &#34;reflects more of a worldview&#34; and &#34;you have to be prepared for a future with more black swan events.&#34;</p><h2>What black swan events warrant physical gold?</h2><p>Probably not another pandemic. At least not so soon.</p><p>Earthquakes, forest fires, tsunamis, and almost all natural disasters would be unlikely, given that they occur in a limited geographic area and therefore, are unlikely to influence the global price of gold. Something like the Carrington Event of 1859, which is the most intense geomagnetic storm in recorded history, or a large meteorite striking earth, are the only acute natural events which come to mind that have an impact beyond a limited area.</p><p>More likely, their motives were related war/military conflicts, currency debasements, and/or other geopolitics.</p><h2>Why did Palantir buy gold?</h2><p>Given their heavy involvement in military predictive analytics, one has to wonder if the odds of a military conflict/war were being suggested as probable in the near future. If it did, they&#39;re not telling us.</p><p>Was it currency debasement? Well what we do know is that not long after this purchase, US inflation hit a 40 year high; 7.5% for the January 2022 CPI. That too seems like a possibility but again, not something they&#39;ve commented on.</p><p>Those who are suggesting that Palantir predicted a Russian war with Ukraine are probably giving them too much credit.</p><p>To be clear, it&#39;s very possible that Palantir predicted high odds of such occurring in the days, weeks, and months leading up to the invasion, as the pieces fell into place (troop movements, etc.). However, predicting this event back in August would be miraculous. Though it is not impossible.</p><p>If they were predicting a military conflict back in August, perhaps it was more generically speaking, in terms of the intervals between military conflicts happening globally and how they related to other variables. Perhaps there were variables specific to Russia and Ukraine in the algorithm, which weighed more heavily. Keep in mind that already this century, Russian invasions have coincided 3 times with 3 Olympic games (Georgia in 2008, Crimea in 2014, and now greater Ukraine in 2022). With the Olympics 6 months away from August, it&#39;s plausible their analytics suggested high odds of another Russian invasion during the games.</p><p>Ultimately though, all of these specific reasons for buying gold seem unlikely. Why? Because the $50 million gold bar purchase may sound big, big it&#39;s small potatoes for Palantir, given they had about $2.3 billion in cash at that moment.</p><p>That equates to gold being merely a 2.17% weighting. If they were really anticipating war or inflation, one would expect a larger bet. Say 10, 20, or 30%.</p><p>Let&#39;s hope they didn&#39;t buy for war because if they did, it means they&#39;re expecting something far worse than present.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir's Gold Bullion Bet And War With Russia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir's Gold Bullion Bet And War With Russia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-28 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4490506-palantirs-gold-bullion-bet-and-war-with-russia><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If one wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typically be the vehicle used. However, these ETFs are financial products which have the inevitable ...</p>\n\n<a href=\"https://seekingalpha.com/article/4490506-palantirs-gold-bullion-bet-and-war-with-russia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4023":"应用软件","GLD":"SPDR黄金ETF","PLTR":"Palantir Technologies Inc.","BK4547":"WSB热门概念","BK4543":"AI","BK4550":"红杉资本持仓"},"source_url":"https://seekingalpha.com/article/4490506-palantirs-gold-bullion-bet-and-war-with-russia","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2214189884","content_text":"If one wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typically be the vehicle used. However, these ETFs are financial products which have the inevitable counterparty risk.For example, if their custodian HSBC Bank PLC was impaired, this could affect the claim that GLD has on that gold. To further complicate matters, there are often times sub-custodians are used by custodians, including HSBC. In theory, all you need is one link in the chain to go bad and suddenly, the ETF no longer has access to the full amount of gold it contractually is supposed to have.This is why, if you're real prepper, you prefer physical gold. Specifically, physical gold allocated to you, rather than a generic share in an unallocated pool. All evidence suggests that this is indeed what Palantir (PLTR) bought; allocated 100-ounce gold bars.Palantir 10-Q filed 8-12-2021In summary, Palantir was not doing typical commodity speculation. They were preparing for something more sinister.As to what Palantir was anticipating, we do not know. It may not even be a specific event. In an interview, CFO Shyam Sankar said it \"reflects more of a worldview\" and \"you have to be prepared for a future with more black swan events.\"What black swan events warrant physical gold?Probably not another pandemic. At least not so soon.Earthquakes, forest fires, tsunamis, and almost all natural disasters would be unlikely, given that they occur in a limited geographic area and therefore, are unlikely to influence the global price of gold. Something like the Carrington Event of 1859, which is the most intense geomagnetic storm in recorded history, or a large meteorite striking earth, are the only acute natural events which come to mind that have an impact beyond a limited area.More likely, their motives were related war/military conflicts, currency debasements, and/or other geopolitics.Why did Palantir buy gold?Given their heavy involvement in military predictive analytics, one has to wonder if the odds of a military conflict/war were being suggested as probable in the near future. If it did, they're not telling us.Was it currency debasement? Well what we do know is that not long after this purchase, US inflation hit a 40 year high; 7.5% for the January 2022 CPI. That too seems like a possibility but again, not something they've commented on.Those who are suggesting that Palantir predicted a Russian war with Ukraine are probably giving them too much credit.To be clear, it's very possible that Palantir predicted high odds of such occurring in the days, weeks, and months leading up to the invasion, as the pieces fell into place (troop movements, etc.). However, predicting this event back in August would be miraculous. Though it is not impossible.If they were predicting a military conflict back in August, perhaps it was more generically speaking, in terms of the intervals between military conflicts happening globally and how they related to other variables. Perhaps there were variables specific to Russia and Ukraine in the algorithm, which weighed more heavily. Keep in mind that already this century, Russian invasions have coincided 3 times with 3 Olympic games (Georgia in 2008, Crimea in 2014, and now greater Ukraine in 2022). With the Olympics 6 months away from August, it's plausible their analytics suggested high odds of another Russian invasion during the games.Ultimately though, all of these specific reasons for buying gold seem unlikely. Why? Because the $50 million gold bar purchase may sound big, big it's small potatoes for Palantir, given they had about $2.3 billion in cash at that moment.That equates to gold being merely a 2.17% weighting. If they were really anticipating war or inflation, one would expect a larger bet. Say 10, 20, or 30%.Let's hope they didn't buy for war because if they did, it means they're expecting something far worse than present.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}