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2022-07-06

$Futu Holdings Limited(FUTU)$Chinese stock start moving

2022-07-04

the Peak is over

Exxon: How Much Higher Can It Go?

2022-07-04

May collect it gradually,need some times to let the new management to perform better

@MySunshine:$Fastly, Inc.(FSLY)$good share?

2022-06-25

Come join us

@TigerEvents:Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out "T.I.G.E.R" during your journey for a chance to receive the limited edition 8th Anniversary Gi

2022-06-25

👍

Palantir: A Strong Recession Play

2022-02-17

come and try

@TigerEvents:Join Tiger Ski Championship, Win a Bonus of Up to USD 2022

2021-08-06

$Fastly, Inc.(FSLY)$time to buy this discounted price gradually

2021-07-19

$KUAISHOU-W(01024)$still hitting new Low, will itback to the pre IPO price at HKD$130?

2021-07-14

Gravity falls

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2021-07-07

SPAC = unprofitable business unless merging proposal

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2021-07-04

It’s time to buy gradually

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2021-07-01

It’s take times, take it as a growth investing in long run [Miser]

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2021-06-30

Next next 1 trillion market cap company

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2021-06-29

$Sangamo BioSciences(SGMO)$Patients, good stock need times

2021-06-29

Come share an E to me please

2021-06-29

Wow

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Go to Tiger App to see more news

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days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.25","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":9070508151,"gmtCreate":1657071055374,"gmtModify":1676535944098,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>Chinese stock start moving","listText":"<a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>Chinese stock start moving","text":"$Futu Holdings Limited(FUTU)$Chinese stock start moving","images":[{"img":"https://community-static.tradeup.com/news/ae83fc32141319e73d9c08047e23697b","width":"1284","height":"4182"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070508151","isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9047222391,"gmtCreate":1656930792213,"gmtModify":1676535917535,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"the&nbsp;Peak is over","listText":"the&nbsp;Peak is over","text":"the Peak is over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047222391","repostId":"1113088647","repostType":4,"repost":{"id":"1113088647","pubTimestamp":1656922276,"share":"https://www.laohu8.com/m/news/1113088647?lang=&edition=full","pubTime":"2022-07-04 16:11","market":"us","language":"en","title":"Exxon: How Much Higher Can It Go?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113088647","media":"Seeking Alpha","summary":"SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investmen","content":"<html><head></head><body><p>Summary</p><ul><li>After the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.</li><li>Since Exxon’s 2020 low of around $33 a share the company&#39;s stock price more than tripled before retreating back down to the $88 level.</li><li>In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B.</li><li>LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.</li><li>Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term.</li></ul><p><b>Introduction</b></p><p>2022 has been a great year for oil stocks like <a href=\"https://laohu8.com/S/XOM\">Exxon</a>. After the oil crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry<i>dried</i><i>up</i>and left the world undersupplied with oil, causing prices to soar.</p><p>As one of the largest producers of oil, Exxon has been one of the largest beneficiaries too:</p><p><img src=\"https://static.tigerbbs.com/a3167b2e19862d87f9a1d7d5e27c770c\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/></p><p>Since Exxon’s 2020 low of around $33 a share the company&#39;s stock price has nearly tripled, that&#39;s after its recent retreat down from the $105 level, settling back down to $88.</p><p>But, as investors, we’re faced with a conundrum: Exxon, and oil companies like it, are reaping record profits, profits that look set to continue due to record low investments, but could a potential recession turn Exxon into a losing investment? And furthermore, is Exxon the best investment among the major oil producers?</p><p>Within this article I’ll provide:</p><ul><li>An update on Exxon’s business and prospects</li><li>A comparison of the financial performance of Exxon vs Peers</li><li>A valuation of Exxon’s shares under different market environments</li></ul><p>Exxon Business Update</p><p>Exxon has been a major beneficiary of the recovery in global oil prices. After decades of underinvestment, and Russia-induced geopolitical uncertainty, oil stocks are shining once again. Finally, oil is back in vogue. (XLE) (USO)</p><p><img src=\"https://static.tigerbbs.com/65b52596c745ee5312c25c9c49a36801\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B and excluding its Russia exit, earnings would have been up $6B from the prior year to $8.8B.</p><p>Adjusted for Russia, Exxon’s earnings went from $2.8B to $8.8B, which is nothing short of miraculous and speaks to the correlation between Exxon’s performance and the global commodities market.</p><p>In addition to the strong financial performance, Exxon likely made a few shareholders happy when they announced a $30B buyback through 2023 (roughly 8% of its current market cap). Add on to its 4% dividend yield, and Exxon looks set to return roughly 12% of its market cap to shareholders this year.</p><p>Outside of oil, Exxon is also active in a number of LNG projects around the world. LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.</p><p><img src=\"https://static.tigerbbs.com/139ec6ba8d98858c3a9bb29c136aaa51\" tg-width=\"1280\" tg-height=\"2229\" referrerpolicy=\"no-referrer\"/>Countries like Germany are building new LNG terminals and looking to lock down additional alternative supplies. An LNG project can take years to plan and execute, meaning LNG, like oil, is likely to stay in short supply and expensive for some time, luckily Exxon is continuing to make progress on its LNG ambitions.</p><p>ExxonMobil continued to progress its global LNG growth strategy to meet growing worldwide demand for reliable gas supply. Commissioning of the Area 4 Coral South Floating LNG project in Mozambique is underway, with first production expected this year, and the company signed the P’nyang Gas Agreement in Papua New Guinea. Additionally, construction of the Golden Pass liquefaction facilities on the U.S. Gulf Coast remains on schedule.</p><p>Financial Analysis:</p><p>Moving forward to the financial analysis, let&#39;s compare how Exxon has grown versus peers: <a href=\"https://laohu8.com/S/CVX\">Chevron</a>, <a href=\"https://laohu8.com/S/EQNR\">Equinor </a>, <a href=\"https://laohu8.com/S/TTE\">TotalEnergies </a>, and <a href=\"https://laohu8.com/S/SHEL\">Shell </a>.</p><p><img src=\"https://static.tigerbbs.com/5d57cc547f6e091e3341ba42807ffb13\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/57169c6ffa2e3512afc0d0c9e6d57c36\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>The oil industry has its good times, and it has its bad times. Nowhere is that more apparent than in the volatility of both revenue and earnings for these companies. Some of these companies have sizable non-petroleum operations (Total and Equinor), but they are still by in large reliant on global oil market pricing. Because of that connection, there are massive fluctuations in earnings and revenue from year to year.</p><p>This variability is undesirable as it makes forecasting future cash flows that much more difficult, because of this, I would expect an oil producer’s valuation to be lower than other stocks with more predictable cash flows.</p><p><b>Operating Cash Flow</b></p><p><img src=\"https://static.tigerbbs.com/1e2ea4e8162108664c6a0a58117bcef1\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>When evaluating companies, I also like to look at their operating cash flow. I find this useful because it shows us how much cash flow their operating business generated. Like the revenue and EPS charts, there is significant volatility in their operating cash flows.</p><p>Interestingly, the two US-listed companies on this chart, Exxon and Chevron, both ended the decade with less operating cash flow than when they started it, despite crude oil prices being higher now than they once were.</p><p>Equinor’s performance is particularly noteworthy, I’d wager that this is due to their site’s proximity to Europe which trying to wean off Russian oil and gas products.</p><p><b>US Crude 10-Year Chart:</b></p><p><img src=\"https://static.tigerbbs.com/6bd3b44efe2932463aea3a74fafa8b5e\" tg-width=\"1280\" tg-height=\"842\" referrerpolicy=\"no-referrer\"/><b>Return on Invested Capital</b></p><p><img src=\"https://static.tigerbbs.com/349b565b4ea043cd8f2519256983bdd2\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>Return on Invested Capital for these companies has varied wildly over their existences.</p><p>In times like the 2000s with oil prices, investments into oil exploration and refineries yielded huge returns on capital (upwards of 40%!). But when oil prices are low, as they were the last two years, investments fail to break through single-digit returns.</p><p><b>Exxon’s Correlation to US Oil Fund</b><img src=\"https://static.tigerbbs.com/3ce5dec941bfb602f15bbb2db2c8f0aa\" tg-width=\"635\" tg-height=\"464\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Given the strong correlation of Exxon’s earnings to oil prices, it&#39;s no surprise the stock’s price is too. As you can see, over the last 5 years Exxon has exhibited an exceptionally strong correlation to the price of crude (estimated vis-a-vis (USO) ), especially during volatile periods like Spring through Summer of 2020.</p><p>This could be viewed as either a pro or a con, if you’d like exposure to crude oil it&#39;s clearly a strength. But for myself, someone who prefers to invest in companies that are not as reliant on macro factors to succeed, I see this as a negative.</p><p><b>Valuation</b></p><p>There are many ways to value a company, but two of my favorites are the discounted cash flow analysis and comparing forward PEs vs peers. The reason I typically employ these two different models is that they help me accomplish a few different goals. First, using the forward PE analysis I can remove any biases I may hold (if I can identify the right peers). And secondly, in the discounted cash flow analysis I can adjust all the inputs to my expectations and account for growth much further into the future. Let&#39;s start with the Forward PE analysis.</p><p><b>Forward PE Analysis</b></p><p><img src=\"https://static.tigerbbs.com/715933f1b8e9696b4058e77780adb4e4\" tg-width=\"942\" tg-height=\"428\" width=\"100%\" height=\"auto\"/>Source: Yahoo Finance, Analyst Expectations, and Authors Calculations</p><p>Looking at the chart above, we can see that Exxon is one of the most highly valued oil majors with a forward PE ratio of 9.7x. Based on the average analyst expectation, Chevron is the only oil major priced more richly at 9.9x.</p><p>Exxon’s European peers Total, Equinor, and Shell are all priced significantly lower than either Exxon or Chevron. In my view, this is likely due to the heightened regulatory environment abroad.</p><p>That said, at 9.7x. Exxon’s shares are not overvalued when compared to the market as a whole, especially tech stocks. In a prior article, I calculated that Microsoft’s (MSFT) forward PE is roughly 23x, so 9.7x could still be considered quite a bargain. But many will agree that Microsoft is likely to grow faster, and for longer than Exxon or an oil company. In other words, it’s a bit of a toss-up.</p><p><img src=\"https://static.tigerbbs.com/670a5585f01403bad22b400e780d2d29\" tg-width=\"1266\" tg-height=\"462\" width=\"100%\" height=\"auto\"/>Speaking on a relative basis, based on my analysis, Exxon’s shares appear to be overvalued versus its peers. The average forward PE in this group worked out to be 7.2x earnings implying Exxon could trade down to $65 a share.</p><p>TotalEnergies looks to be the best value, if its shares are traded like Chevron, Total could see its shares double to $106.</p><p><b>Discounted Cash Flow Analysis</b></p><p>As I alluded, let&#39;s see how Exxon’s valuation changes once you consider various future growth scenarios and discount rates. For my base case, I’m assuming no changes to the share count, a 10% discount rate, 1% revenue growth after 2023 through 2028 (analyst expectations for &#39;22 and &#39;23), and -2% thereafter.</p><p><img src=\"https://static.tigerbbs.com/c6941c16d915c7665847c4106d0f0837\" tg-width=\"953\" tg-height=\"498\" width=\"100%\" height=\"auto\"/>Source: Yahoo Finance, Analyst Expectations, and Authors Calculations</p><p>Using the inputs from my base case, I come to a fair value per share of $70, a bit more than 10% below the current share price.</p><p>Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term. But the oil market has been especially volatile since 2020 started which makes it especially difficult to predict where oil prices will go in the future.</p><p>Because of that, I included a few other growth scenarios using different discount rates.</p><p><b>Sensitivity Analysis</b></p><p><img src=\"https://static.tigerbbs.com/ef8472eb1cf81c678499f7774413a1a1\" tg-width=\"947\" tg-height=\"371\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/86c3e6d555ccd371c14b0781be64a5d9\" tg-width=\"944\" tg-height=\"279\" width=\"100%\" height=\"auto\"/>In my sensitivity analysis, three of nine scenarios work out to be money makers, largely depending on if the price of oil can be sustained/increase over time.</p><p>With Exxon, I think it&#39;s prudent to form an honest evaluation of your own knowledge and ask yourself to what degree you understand the oil industry and where prices will go from here. Frankly, I’m not a macro-economic expert, because of that and my doubts in predicting future oil price trends, I require a higher discount rate to compensate me for the additional risk.</p><p><b>Risks</b></p><p>Speaking of risks, before I present my final price target and verdict on the company, let&#39;s first consider some of the risks facing Exxon, and the oil industry writ large.</p><p><b>ESG:</b>Stock prices are fickle. In the short term, prices can be affected by a myriad of factors, especially sentiment. As Benjamin Graham said:</p><blockquote>In the short run, the market is a voting machine but in the long run it is a weighing machine.</blockquote><p><i>But what happens when sentiment is permanently destroyed?</i></p><p>I wonder if that is perhaps what has gone on with oil stocks. Since the rise of ESG investing companies have been encouraged to embrace “stake-holder” capitalism whereby the companies should place equal weight on all stakeholders, including the environment. While I don’t personally buy into this philosophy, it seems clear to me that many investors do.</p><p>As a result, ESG has cast a shadow over oil companies, often blaming them for much of what is wrong in the world. It&#39;s actually led to some funds divesting from oil companies entirely.</p><p>If, over the long run, these ESG concerns are no longer relevant, then perhaps we could see a further appreciation in share price. Personally, I don’t expect ESG to go away anytime soon. And, based on that, I don&#39;t see the earnings multiples ever coming back to where they once were.</p><p><b>Regulation:</b>Another headwind facing oil companies is regulation, now more than ever. Some countries in Europe have implemented so-called “windfall” taxes on oil companies to tax them at an increased rate now that prices are high again. To say nothing of the environmental regulations, it should be common sense that regulations desensitize further investments to increase supply.</p><p>So perhaps regulation could be a tailwind as it will cause higher oil prices… But even in that case, I think it&#39;s probable the primary beneficiaries of that would be non-democratic countries that can more easily ignore societal demands.</p><p><b>Recession:</b>I’ll keep these last couple of risks succinct. Recessions lead to demand destruction. As demand is destroyed less oil is consumed across the entire global economy. Less travel being done, fewer goods being produced and transported, etc.</p><p>This is especially worrisome given the Fed&#39;s mandate of price stability and the ongoing QT which may cause a recession.</p><p><b>Electric Vehicles:</b>The rise of electronic vehicles could threaten the long-term oil demand. First are cars, next will be semi-trucks, and then later we could see planes and boats shift towards electric. As renewable energy comes down in price, EVs will grow in demand. This will likely be a slow multi-decade shift, but it does appear we are at the beginning of a strong trend, at least in this author&#39;s mind.</p><p><b>Conclusion</b></p><p>Exxon is the right company, for the right time. In the words of Sam Elliott, in the Big Lebowski:</p><blockquote>Sometimes, there&#39;s a man, well, he&#39;s the man for his time and place. He fits right in there.</blockquote><p>And well, Exxon is the “man” for this time. Inflation fears run rampant, and supplies for both oil and LNG appear to be with us for the long haul. Exxon is the company that can provide both LNG and Petroleum when we need it most. So their shares have rightly soared.</p><p>As far as financial performance goes, well, it&#39;s checkered. They are performing well now. But how long will it last? Well, that’s anyone&#39;s guess.</p><p>Supply is likely to be low for some time but the odds of demand destruction vis-a-vis a recession seem higher than they were earlier in the year.</p><p>Valuing Exxon was a particular challenge because so much of its future cash flows will hinge on commodity prices. With that in mind, my price target and recommendation will be based on the average forward PE in its group.</p><p><i>I rate Exxon a “Sell” with a 1-year price target of $65 a share.</i></p><p>At $65 a share, Exxon would be in line with the average forward PE in its peer group, 7.2x.</p><p>So, to answer the question is Exxon the best of the oil majors? Based on what I’ve seen, no. No, it is not. Its growth rate is relatively in line with its peers, but it trades for a higher multiple, I would rather invest in (TTE) or (SHEL) at these levels.</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>Exxon: How Much Higher Can It Go?</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\">\nExxon: How Much Higher Can It Go?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-04 16:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.Since ...</p>\n\n<a href=\"https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113088647","content_text":"SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.Since Exxon’s 2020 low of around $33 a share the company's stock price more than tripled before retreating back down to the $88 level.In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B.LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term.Introduction2022 has been a great year for oil stocks like Exxon. After the oil crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industrydriedupand left the world undersupplied with oil, causing prices to soar.As one of the largest producers of oil, Exxon has been one of the largest beneficiaries too:Since Exxon’s 2020 low of around $33 a share the company's stock price has nearly tripled, that's after its recent retreat down from the $105 level, settling back down to $88.But, as investors, we’re faced with a conundrum: Exxon, and oil companies like it, are reaping record profits, profits that look set to continue due to record low investments, but could a potential recession turn Exxon into a losing investment? And furthermore, is Exxon the best investment among the major oil producers?Within this article I’ll provide:An update on Exxon’s business and prospectsA comparison of the financial performance of Exxon vs PeersA valuation of Exxon’s shares under different market environmentsExxon Business UpdateExxon has been a major beneficiary of the recovery in global oil prices. After decades of underinvestment, and Russia-induced geopolitical uncertainty, oil stocks are shining once again. Finally, oil is back in vogue. (XLE) (USO)In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B and excluding its Russia exit, earnings would have been up $6B from the prior year to $8.8B.Adjusted for Russia, Exxon’s earnings went from $2.8B to $8.8B, which is nothing short of miraculous and speaks to the correlation between Exxon’s performance and the global commodities market.In addition to the strong financial performance, Exxon likely made a few shareholders happy when they announced a $30B buyback through 2023 (roughly 8% of its current market cap). Add on to its 4% dividend yield, and Exxon looks set to return roughly 12% of its market cap to shareholders this year.Outside of oil, Exxon is also active in a number of LNG projects around the world. LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.Countries like Germany are building new LNG terminals and looking to lock down additional alternative supplies. An LNG project can take years to plan and execute, meaning LNG, like oil, is likely to stay in short supply and expensive for some time, luckily Exxon is continuing to make progress on its LNG ambitions.ExxonMobil continued to progress its global LNG growth strategy to meet growing worldwide demand for reliable gas supply. Commissioning of the Area 4 Coral South Floating LNG project in Mozambique is underway, with first production expected this year, and the company signed the P’nyang Gas Agreement in Papua New Guinea. Additionally, construction of the Golden Pass liquefaction facilities on the U.S. Gulf Coast remains on schedule.Financial Analysis:Moving forward to the financial analysis, let's compare how Exxon has grown versus peers: Chevron, Equinor , TotalEnergies , and Shell .The oil industry has its good times, and it has its bad times. Nowhere is that more apparent than in the volatility of both revenue and earnings for these companies. Some of these companies have sizable non-petroleum operations (Total and Equinor), but they are still by in large reliant on global oil market pricing. Because of that connection, there are massive fluctuations in earnings and revenue from year to year.This variability is undesirable as it makes forecasting future cash flows that much more difficult, because of this, I would expect an oil producer’s valuation to be lower than other stocks with more predictable cash flows.Operating Cash FlowWhen evaluating companies, I also like to look at their operating cash flow. I find this useful because it shows us how much cash flow their operating business generated. Like the revenue and EPS charts, there is significant volatility in their operating cash flows.Interestingly, the two US-listed companies on this chart, Exxon and Chevron, both ended the decade with less operating cash flow than when they started it, despite crude oil prices being higher now than they once were.Equinor’s performance is particularly noteworthy, I’d wager that this is due to their site’s proximity to Europe which trying to wean off Russian oil and gas products.US Crude 10-Year Chart:Return on Invested CapitalReturn on Invested Capital for these companies has varied wildly over their existences.In times like the 2000s with oil prices, investments into oil exploration and refineries yielded huge returns on capital (upwards of 40%!). But when oil prices are low, as they were the last two years, investments fail to break through single-digit returns.Exxon’s Correlation to US Oil FundData by YChartsGiven the strong correlation of Exxon’s earnings to oil prices, it's no surprise the stock’s price is too. As you can see, over the last 5 years Exxon has exhibited an exceptionally strong correlation to the price of crude (estimated vis-a-vis (USO) ), especially during volatile periods like Spring through Summer of 2020.This could be viewed as either a pro or a con, if you’d like exposure to crude oil it's clearly a strength. But for myself, someone who prefers to invest in companies that are not as reliant on macro factors to succeed, I see this as a negative.ValuationThere are many ways to value a company, but two of my favorites are the discounted cash flow analysis and comparing forward PEs vs peers. The reason I typically employ these two different models is that they help me accomplish a few different goals. First, using the forward PE analysis I can remove any biases I may hold (if I can identify the right peers). And secondly, in the discounted cash flow analysis I can adjust all the inputs to my expectations and account for growth much further into the future. Let's start with the Forward PE analysis.Forward PE AnalysisSource: Yahoo Finance, Analyst Expectations, and Authors CalculationsLooking at the chart above, we can see that Exxon is one of the most highly valued oil majors with a forward PE ratio of 9.7x. Based on the average analyst expectation, Chevron is the only oil major priced more richly at 9.9x.Exxon’s European peers Total, Equinor, and Shell are all priced significantly lower than either Exxon or Chevron. In my view, this is likely due to the heightened regulatory environment abroad.That said, at 9.7x. Exxon’s shares are not overvalued when compared to the market as a whole, especially tech stocks. In a prior article, I calculated that Microsoft’s (MSFT) forward PE is roughly 23x, so 9.7x could still be considered quite a bargain. But many will agree that Microsoft is likely to grow faster, and for longer than Exxon or an oil company. In other words, it’s a bit of a toss-up.Speaking on a relative basis, based on my analysis, Exxon’s shares appear to be overvalued versus its peers. The average forward PE in this group worked out to be 7.2x earnings implying Exxon could trade down to $65 a share.TotalEnergies looks to be the best value, if its shares are traded like Chevron, Total could see its shares double to $106.Discounted Cash Flow AnalysisAs I alluded, let's see how Exxon’s valuation changes once you consider various future growth scenarios and discount rates. For my base case, I’m assuming no changes to the share count, a 10% discount rate, 1% revenue growth after 2023 through 2028 (analyst expectations for '22 and '23), and -2% thereafter.Source: Yahoo Finance, Analyst Expectations, and Authors CalculationsUsing the inputs from my base case, I come to a fair value per share of $70, a bit more than 10% below the current share price.Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term. But the oil market has been especially volatile since 2020 started which makes it especially difficult to predict where oil prices will go in the future.Because of that, I included a few other growth scenarios using different discount rates.Sensitivity AnalysisIn my sensitivity analysis, three of nine scenarios work out to be money makers, largely depending on if the price of oil can be sustained/increase over time.With Exxon, I think it's prudent to form an honest evaluation of your own knowledge and ask yourself to what degree you understand the oil industry and where prices will go from here. Frankly, I’m not a macro-economic expert, because of that and my doubts in predicting future oil price trends, I require a higher discount rate to compensate me for the additional risk.RisksSpeaking of risks, before I present my final price target and verdict on the company, let's first consider some of the risks facing Exxon, and the oil industry writ large.ESG:Stock prices are fickle. In the short term, prices can be affected by a myriad of factors, especially sentiment. As Benjamin Graham said:In the short run, the market is a voting machine but in the long run it is a weighing machine.But what happens when sentiment is permanently destroyed?I wonder if that is perhaps what has gone on with oil stocks. Since the rise of ESG investing companies have been encouraged to embrace “stake-holder” capitalism whereby the companies should place equal weight on all stakeholders, including the environment. While I don’t personally buy into this philosophy, it seems clear to me that many investors do.As a result, ESG has cast a shadow over oil companies, often blaming them for much of what is wrong in the world. It's actually led to some funds divesting from oil companies entirely.If, over the long run, these ESG concerns are no longer relevant, then perhaps we could see a further appreciation in share price. Personally, I don’t expect ESG to go away anytime soon. And, based on that, I don't see the earnings multiples ever coming back to where they once were.Regulation:Another headwind facing oil companies is regulation, now more than ever. Some countries in Europe have implemented so-called “windfall” taxes on oil companies to tax them at an increased rate now that prices are high again. To say nothing of the environmental regulations, it should be common sense that regulations desensitize further investments to increase supply.So perhaps regulation could be a tailwind as it will cause higher oil prices… But even in that case, I think it's probable the primary beneficiaries of that would be non-democratic countries that can more easily ignore societal demands.Recession:I’ll keep these last couple of risks succinct. Recessions lead to demand destruction. As demand is destroyed less oil is consumed across the entire global economy. Less travel being done, fewer goods being produced and transported, etc.This is especially worrisome given the Fed's mandate of price stability and the ongoing QT which may cause a recession.Electric Vehicles:The rise of electronic vehicles could threaten the long-term oil demand. First are cars, next will be semi-trucks, and then later we could see planes and boats shift towards electric. As renewable energy comes down in price, EVs will grow in demand. This will likely be a slow multi-decade shift, but it does appear we are at the beginning of a strong trend, at least in this author's mind.ConclusionExxon is the right company, for the right time. In the words of Sam Elliott, in the Big Lebowski:Sometimes, there's a man, well, he's the man for his time and place. He fits right in there.And well, Exxon is the “man” for this time. Inflation fears run rampant, and supplies for both oil and LNG appear to be with us for the long haul. Exxon is the company that can provide both LNG and Petroleum when we need it most. So their shares have rightly soared.As far as financial performance goes, well, it's checkered. They are performing well now. But how long will it last? Well, that’s anyone's guess.Supply is likely to be low for some time but the odds of demand destruction vis-a-vis a recession seem higher than they were earlier in the year.Valuing Exxon was a particular challenge because so much of its future cash flows will hinge on commodity prices. With that in mind, my price target and recommendation will be based on the average forward PE in its group.I rate Exxon a “Sell” with a 1-year price target of $65 a share.At $65 a share, Exxon would be in line with the average forward PE in its peer group, 7.2x.So, to answer the question is Exxon the best of the oil majors? Based on what I’ve seen, no. No, it is not. Its growth rate is relatively in line with its peers, but it trades for a higher multiple, I would rather invest in (TTE) or (SHEL) at these levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047222950,"gmtCreate":1656930723970,"gmtModify":1676535917535,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"May collect it gradually,need some times to let the new&nbsp;management to perform&nbsp;better&nbsp;","listText":"May collect it gradually,need some times to let the new&nbsp;management to perform&nbsp;better&nbsp;","text":"May collect it gradually,need some times to let the new management to perform better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047222950","repostId":"9047194412","repostType":1,"repost":{"id":9047194412,"gmtCreate":1656890331036,"gmtModify":1676535908529,"author":{"id":"3570925416001387","authorId":"3570925416001387","name":"MySunshine","avatar":"https://static.tigerbbs.com/256da1143b2fdf143004ba51ce72c154","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FSLY\">$Fastly, Inc.(FSLY)$</a>good share?","listText":"<a href=\"https://ttm.financial/S/FSLY\">$Fastly, Inc.(FSLY)$</a>good share?","text":"$Fastly, Inc.(FSLY)$good share?","images":[{"img":"https://community-static.tradeup.com/news/7ced2313b5f12e81b2d22c75330f673a","width":"1080","height":"3501"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047194412","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041461024,"gmtCreate":1656086948168,"gmtModify":1676535765637,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Come join us","listText":"Come join us","text":"Come join us","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041461024","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041463331,"gmtCreate":1656086836423,"gmtModify":1676535765466,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041463331","repostId":"2245227500","repostType":4,"repost":{"id":"2245227500","pubTimestamp":1656062886,"share":"https://www.laohu8.com/m/news/2245227500?lang=&edition=full","pubTime":"2022-06-24 17:28","market":"us","language":"en","title":"Palantir: A Strong Recession Play","url":"https://stock-news.laohu8.com/highlight/detail?id=2245227500","media":"seekingalpha","summary":"SummaryPalantir’s shares have been trampled upon this year.The firm's government segment and recent ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir’s shares have been trampled upon this year.</li><li>The firm&#39;s government segment and recent contract win should stabilize Palantir as the economy likely heads into a recession.</li><li>Palantir is cashed up and has no financial debt.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23d0f121f38325521c0b8ebbb42b26b3\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Michael Vi/iStock Editorial via Getty Images</span></p><p>Shares of software analytics company <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> (NYSE:PLTR) have so far lost 50% of their value year to date. This is despite Palantir making significant progress regarding customer acquisition and improving monetization. The market may currently not favor Palantir, but the company represents compelling value for investors in a recession: Palantir has a stable government business with predictable revenues and a very promising commercial business that is seeing accelerating momentum. I believe shares are too cheap given the firm’s potential in the big data niche, and the risk profile around $9 is highly favorable!</p><p><b>Palantir: Down But Not Out</b></p><p>Shares of Palantir have cratered this year as investors swapped growth stocks for value stocks. Inflation is soaring, higher interest rates are starting to create headwinds for stocks, and the Ukraine-Russia conflict has amplified supply chain disruptions. However, I believe Palantir’s government business offers stability and predictable revenue growth during more uncertain and volatile times, while the commercial business provides upside potential.</p><p><img src=\"https://static.tigerbbs.com/980790d9b734c82ef3a21d3baba26516\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>Its Government Business Stabilizes Palantir In A Recession</b></p><p>Palantir’s reliance on government contracts is a key asset for the software analytics company, especially if a recession makes it harder for companies to earn a dollar. Palantir’s government business generated $241.8M in revenues in the first-quarter, showing an increase of 16% year over year. Commercial revenues increased at a rate three times faster, as more companies adopt Palantir&#39;s Foundry platforms. Government revenues accounted for 54% of Palantir’s revenues in Q1’22. Going forward, the U.S. government is going to remain Palantir&#39;s largest and most important client.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a46c00ed600f7a80926b31087eb09124\" tg-width=\"724\" tg-height=\"145\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p>In the first week of June, Palantir announced that the U.S. Space Systems Command awarded the company a $53.8M contract increase related to deployment of Palantir’s Data-as-a-Service platform. The total deal value has since risen to $175.4M.</p><p>The deal with the U.S. Space Systems Command is only one deal the company has struck lately, and Palantir has been exceptionally successful in growing its combined deal value over time. Palantir ended the first-quarter with a total remaining deal value of $3.5B, showing 26% year-over-year growth. The number of new deals closed soared 157% in Q1’22 to 208, while billings increased 35% year over year to $490M.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d1f3ce19dccc864789948657271d33\" tg-width=\"1280\" tg-height=\"553\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p>As the company onboards more clients this year, especially in the commercial business -- which is where Palantir’s acquisition momentum is -- the firm has a real chance of growing its operating margins and achieve profitability. Palantir generates adjusted operating margins of around 30% right now, but could achieve margins between 35-40% longer term as customer monetization improves.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f50d239dc63888e8345c1929345de3d0\" tg-width=\"1280\" tg-height=\"368\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p><b>Recession-Proof Balance Sheet</b></p><p>Besides a strong government business, Palantir has a fortress balance sheet that protects the firm against recession-induced downside. The big data company had $2.3B in cash on its balance sheet at the end of the first-quarter, and the company did not have any financial liabilities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fc937ac14192176064c185ca124af26\" tg-width=\"909\" tg-height=\"692\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p><b>Palantir’s Growth Is Discounted</b></p><p>There is no denying it: the market doesn’t value growth stocks very much right now… and this is why shares of Palantir have revalued to just $9. However, I believe Palantir represents deep value at this price and valuation level, in large part because the firm will continue to grow its top line at impressive rates. Management recently reaffirmed its outlook for 30% annual revenue growth until FY 2025, and I believe this is a very achievable goal.</p><p>Palantir is just on the cusp of being profitable, too. Estimates call for $0.16 per-share in profits in FY 2022 and $0.24 per-share in FY 2023. Based off of FY 2023 estimates, Palantir has a price-to-earnings ratio of 38X... which is not a high ratio for a company that expects 30% annual revenue growth.</p><p><img src=\"https://static.tigerbbs.com/a023e3bc055503b924109cea29812007\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>Risks With Palantir</b></p><p>A major risk for Palantir would be if the U.S. government, which is responsible for the majority of Palantir’s revenues, decided to reduce its spending on the firm’s products and services during a recession. Another risk is that the company is diluting shareholders... for which Palantir’s management has been rightfully criticized. I would change my mind about Palantir if the company were to scrap its long term guidance of 30% annual revenue growth or if customer acquisition rates deteriorated.</p><p><b>Final Thoughts</b></p><p>Palantir may be down big at the moment, but the long term outlook for revenue growth is unchanged. Palantir has a very profitable government segment that should help stabilize the firm in a recession, and the balance sheet looks very robust as well.</p><p>At the same time, the commercial segment has upside potential through incremental customer acquisition and stronger monetization. Recent contracts wins and Palantir’s massive order backlog all but guarantee steady cash flow for Palantir in the coming years. Shares of Palantir have become way too cheap, and the risk profile remains heavily skewed to the upside!</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: A Strong Recession Play</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: A Strong Recession Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-24 17:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4519977-palantir-a-strong-recession-play><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir’s shares have been trampled upon this year.The firm's government segment and recent contract win should stabilize Palantir as the economy likely heads into a recession.Palantir is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4519977-palantir-a-strong-recession-play\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4519977-palantir-a-strong-recession-play","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2245227500","content_text":"SummaryPalantir’s shares have been trampled upon this year.The firm's government segment and recent contract win should stabilize Palantir as the economy likely heads into a recession.Palantir is cashed up and has no financial debt.Michael Vi/iStock Editorial via Getty ImagesShares of software analytics company Palantir Technologies Inc. (NYSE:PLTR) have so far lost 50% of their value year to date. This is despite Palantir making significant progress regarding customer acquisition and improving monetization. The market may currently not favor Palantir, but the company represents compelling value for investors in a recession: Palantir has a stable government business with predictable revenues and a very promising commercial business that is seeing accelerating momentum. I believe shares are too cheap given the firm’s potential in the big data niche, and the risk profile around $9 is highly favorable!Palantir: Down But Not OutShares of Palantir have cratered this year as investors swapped growth stocks for value stocks. Inflation is soaring, higher interest rates are starting to create headwinds for stocks, and the Ukraine-Russia conflict has amplified supply chain disruptions. However, I believe Palantir’s government business offers stability and predictable revenue growth during more uncertain and volatile times, while the commercial business provides upside potential.Its Government Business Stabilizes Palantir In A RecessionPalantir’s reliance on government contracts is a key asset for the software analytics company, especially if a recession makes it harder for companies to earn a dollar. Palantir’s government business generated $241.8M in revenues in the first-quarter, showing an increase of 16% year over year. Commercial revenues increased at a rate three times faster, as more companies adopt Palantir's Foundry platforms. Government revenues accounted for 54% of Palantir’s revenues in Q1’22. Going forward, the U.S. government is going to remain Palantir's largest and most important client.PalantirIn the first week of June, Palantir announced that the U.S. Space Systems Command awarded the company a $53.8M contract increase related to deployment of Palantir’s Data-as-a-Service platform. The total deal value has since risen to $175.4M.The deal with the U.S. Space Systems Command is only one deal the company has struck lately, and Palantir has been exceptionally successful in growing its combined deal value over time. Palantir ended the first-quarter with a total remaining deal value of $3.5B, showing 26% year-over-year growth. The number of new deals closed soared 157% in Q1’22 to 208, while billings increased 35% year over year to $490M.PalantirAs the company onboards more clients this year, especially in the commercial business -- which is where Palantir’s acquisition momentum is -- the firm has a real chance of growing its operating margins and achieve profitability. Palantir generates adjusted operating margins of around 30% right now, but could achieve margins between 35-40% longer term as customer monetization improves.PalantirRecession-Proof Balance SheetBesides a strong government business, Palantir has a fortress balance sheet that protects the firm against recession-induced downside. The big data company had $2.3B in cash on its balance sheet at the end of the first-quarter, and the company did not have any financial liabilities.PalantirPalantir’s Growth Is DiscountedThere is no denying it: the market doesn’t value growth stocks very much right now… and this is why shares of Palantir have revalued to just $9. However, I believe Palantir represents deep value at this price and valuation level, in large part because the firm will continue to grow its top line at impressive rates. Management recently reaffirmed its outlook for 30% annual revenue growth until FY 2025, and I believe this is a very achievable goal.Palantir is just on the cusp of being profitable, too. Estimates call for $0.16 per-share in profits in FY 2022 and $0.24 per-share in FY 2023. Based off of FY 2023 estimates, Palantir has a price-to-earnings ratio of 38X... which is not a high ratio for a company that expects 30% annual revenue growth.Risks With PalantirA major risk for Palantir would be if the U.S. government, which is responsible for the majority of Palantir’s revenues, decided to reduce its spending on the firm’s products and services during a recession. Another risk is that the company is diluting shareholders... for which Palantir’s management has been rightfully criticized. I would change my mind about Palantir if the company were to scrap its long term guidance of 30% annual revenue growth or if customer acquisition rates deteriorated.Final ThoughtsPalantir may be down big at the moment, but the long term outlook for revenue growth is unchanged. Palantir has a very profitable government segment that should help stabilize the firm in a recession, and the balance sheet looks very robust as well.At the same time, the commercial segment has upside potential through incremental customer acquisition and stronger monetization. Recent contracts wins and Palantir’s massive order backlog all but guarantee steady cash flow for Palantir in the coming years. Shares of Palantir have become way too cheap, and the risk profile remains heavily skewed to the upside!","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094189919,"gmtCreate":1645080445989,"gmtModify":1676533995356,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"come and try","listText":"come and try","text":"come and try","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094189919","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. 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Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899740327,"gmtCreate":1628217041169,"gmtModify":1703503346005,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>time to buy this discounted price gradually&nbsp;","listText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>time to buy this discounted price gradually&nbsp;","text":"$Fastly, Inc.(FSLY)$time to buy this discounted price gradually","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899740327","isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173277198,"gmtCreate":1626666316414,"gmtModify":1703763000023,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01024\">$KUAISHOU-W(01024)$</a>still hitting new Low, will itback to the pre IPO price at HKD$130?","listText":"<a href=\"https://laohu8.com/S/01024\">$KUAISHOU-W(01024)$</a>still hitting new Low, will itback to the pre IPO price at HKD$130?","text":"$KUAISHOU-W(01024)$still hitting new Low, will itback to the pre IPO price at HKD$130?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/173277198","isVote":1,"tweetType":1,"viewCount":3902,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145296166,"gmtCreate":1626224460455,"gmtModify":1703755791588,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gravity falls&nbsp;","listText":"Gravity falls&nbsp;","text":"Gravity falls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145296166","repostId":"2151560584","repostType":4,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140876088,"gmtCreate":1625650014144,"gmtModify":1703745631120,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"SPAC = unprofitable business unless merging proposal&nbsp;","listText":"SPAC = unprofitable business unless merging proposal&nbsp;","text":"SPAC = unprofitable business unless merging proposal","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/140876088","repostId":"1117495998","repostType":4,"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152455444,"gmtCreate":1625335725188,"gmtModify":1703740505876,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"It’s time to buy gradually&nbsp;","listText":"It’s time to buy gradually&nbsp;","text":"It’s time to buy gradually","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152455444","repostId":"1146176335","repostType":2,"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151778536,"gmtCreate":1625110160025,"gmtModify":1703736365204,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"It’s take times, take it as a growth investing in&nbsp;long run [Miser]&nbsp;","listText":"It’s take times, take it as a growth investing in&nbsp;long run [Miser]&nbsp;","text":"It’s take times, take it as a growth investing in long run [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151778536","repostId":"2148493068","repostType":2,"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153505002,"gmtCreate":1625031296406,"gmtModify":1703850558298,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Next next 1 trillion market cap company&nbsp;","listText":"Next next 1 trillion market cap company&nbsp;","text":"Next next 1 trillion market cap company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153505002","repostId":"1140547536","repostType":4,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159723045,"gmtCreate":1624980975287,"gmtModify":1703849495422,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SGMO\">$Sangamo BioSciences(SGMO)$</a>Patients, good stock need times","listText":"<a href=\"https://laohu8.com/S/SGMO\">$Sangamo BioSciences(SGMO)$</a>Patients, good stock need times","text":"$Sangamo BioSciences(SGMO)$Patients, good stock need times","images":[{"img":"https://static.tigerbbs.com/37000ac33580aa197fe98631d4c74e0c","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159723045","isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":159952214,"gmtCreate":1624937889838,"gmtModify":1703848389044,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Come share an E to me please","listText":"Come share an E to me please","text":"Come share an E to me please","images":[{"img":"https://static.tigerbbs.com/ea5deff805f04bb32fd6745b0f38ca62","width":"1284","height":"2778"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159952214","isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":159045585,"gmtCreate":1624933113847,"gmtModify":1703848264431,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159045585","repostId":"2147837154","repostType":4,"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":140876088,"gmtCreate":1625650014144,"gmtModify":1703745631120,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"SPAC = unprofitable business unless merging proposal&nbsp;","listText":"SPAC = unprofitable business unless merging proposal&nbsp;","text":"SPAC = unprofitable business unless merging proposal","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/140876088","repostId":"1117495998","repostType":4,"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173277198,"gmtCreate":1626666316414,"gmtModify":1703763000023,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01024\">$KUAISHOU-W(01024)$</a>still hitting new Low, will itback to the pre IPO price at HKD$130?","listText":"<a href=\"https://laohu8.com/S/01024\">$KUAISHOU-W(01024)$</a>still hitting new Low, will itback to the pre IPO price at HKD$130?","text":"$KUAISHOU-W(01024)$still hitting new Low, will itback to the pre IPO price at HKD$130?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/173277198","isVote":1,"tweetType":1,"viewCount":3902,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153505002,"gmtCreate":1625031296406,"gmtModify":1703850558298,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Next next 1 trillion market cap company&nbsp;","listText":"Next next 1 trillion market cap company&nbsp;","text":"Next next 1 trillion market cap company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153505002","repostId":"1140547536","repostType":4,"repost":{"id":"1140547536","pubTimestamp":1625030162,"share":"https://www.laohu8.com/m/news/1140547536?lang=&edition=full","pubTime":"2021-06-30 13:16","market":"us","language":"en","title":"Nio Stock Extends Rally: What's Going On?","url":"https://stock-news.laohu8.com/highlight/detail?id=1140547536","media":"Benzinga","summary":"Shares of Chinese electric vehicle maker Nio Inc. closed almost 2% higher in the regular session on ","content":"<p>Shares of Chinese electric vehicle maker&nbsp;<b>Nio Inc.</b>&nbsp;closed almost 2% higher in the regular session on Tuesday, extending&nbsp;its rally from the previous session.</p>\n<p><b>What Happened:</b>Nio’s shares rose above the $50 mark on Tuesday for the first time since early March.</p>\n<p>The EV maker&nbsp;opened five new battery swap stations in Shanghai on Tuesday,&nbsp;CnEVpostreported,&nbsp;taking the total number of its battery swap stations in the country to 289. The company hassignificantly acceleratedthe pace of building swap stations in the past two weeks.</p>\n<p>In addition, Citi increased its price target on the Nio stock to $72 from $58.30 and maintained a buy rating on the stock, citing expectations for strong growth in the company’s shipments in the second quarter as well as sequential growth in the next two quarters.</p>\n<p><b>Why It Matters</b>: Seen as a&nbsp;<b>Tesla Inc.</b>&nbsp;rival, Nio is relying on service offerings to make an impact on customers in China. The company has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one.</p>\n<p>Nio aims to have 500 battery swap stations in operation in China by the end of this year. The ET7, Nio’sfourth mass-produced model, is scheduled for commercial launch in the first quarter of 2022</p>\n<p><b>Price Action:</b>Nio shares closed 1.9% higher in Tuesday's regular trading session at $50.34 and further rose 0.8% in the after-hours session to $50.76.</p>","source":"lsy1606299360108","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>Nio Stock Extends Rally: What's Going On?</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\">\nNio Stock Extends Rally: What's Going On?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 13:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21779755/nio-stock-extends-rally-whats-going-on><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Chinese electric vehicle maker Nio Inc. closed almost 2% higher in the regular session on Tuesday, extending its rally from the previous session.\nWhat Happened:Nio’s shares rose above the $...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21779755/nio-stock-extends-rally-whats-going-on\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.benzinga.com/news/21/06/21779755/nio-stock-extends-rally-whats-going-on","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140547536","content_text":"Shares of Chinese electric vehicle maker Nio Inc. closed almost 2% higher in the regular session on Tuesday, extending its rally from the previous session.\nWhat Happened:Nio’s shares rose above the $50 mark on Tuesday for the first time since early March.\nThe EV maker opened five new battery swap stations in Shanghai on Tuesday, CnEVpostreported, taking the total number of its battery swap stations in the country to 289. The company hassignificantly acceleratedthe pace of building swap stations in the past two weeks.\nIn addition, Citi increased its price target on the Nio stock to $72 from $58.30 and maintained a buy rating on the stock, citing expectations for strong growth in the company’s shipments in the second quarter as well as sequential growth in the next two quarters.\nWhy It Matters: Seen as a Tesla Inc. rival, Nio is relying on service offerings to make an impact on customers in China. The company has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one.\nNio aims to have 500 battery swap stations in operation in China by the end of this year. The ET7, Nio’sfourth mass-produced model, is scheduled for commercial launch in the first quarter of 2022\nPrice Action:Nio shares closed 1.9% higher in Tuesday's regular trading session at $50.34 and further rose 0.8% in the after-hours session to $50.76.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152455444,"gmtCreate":1625335725188,"gmtModify":1703740505876,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"It’s time to buy gradually&nbsp;","listText":"It’s time to buy gradually&nbsp;","text":"It’s time to buy gradually","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152455444","repostId":"1146176335","repostType":2,"repost":{"id":"1146176335","pubTimestamp":1625277627,"share":"https://www.laohu8.com/m/news/1146176335?lang=&edition=full","pubTime":"2021-07-03 10:00","market":"us","language":"en","title":"Can Alibaba Turn Around Its Woes in the Second Half of 2021?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146176335","media":"The Street","summary":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?Alibaba  -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.Howeve","content":"<blockquote>\n Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n</blockquote>\n<p>Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p>\n<p>Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p>\n<p>Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p>\n<p>However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p>\n<p>All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p>\n<p>It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p>\n<p>Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p>\n<p>Can it turn around its woes in the second half and start rallying higher?</p>\n<p><img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p>\n<p>Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p>\n<p>The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p>\n<p>Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p>\n<p>Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p>\n<p>Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p>\n<p>However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p>\n<p>A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p>\n<p>Keep the risk in mind but this could be a solid second-half rebound play.</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>Can Alibaba Turn Around Its Woes in the Second Half of 2021?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Alibaba Turn Around Its Woes in the Second Half of 2021?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were ...</p>\n\n<a href=\"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09618":"京东集团-SW"},"source_url":"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146176335","content_text":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.\nRegulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.\nInvestors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.\nHowever, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.\nAll of this comes as the S&P 500 and Nasdaq continue to grind outnew all-time highs.\nIt also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix (NFLX) -Get Report is the worst, with a 2.3% drop.\nAlibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.\nCan it turn around its woes in the second half and start rallying higher?\n\nCall me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.\nThe overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon (AMZN) -Get Report.Eventually, it will perform better - it’s a question of “when” and not “if.”\nShares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.\nSpecifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.\nLet’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.\nHowever, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.\nA push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.\nKeep the risk in mind but this could be a solid second-half rebound play.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145296166,"gmtCreate":1626224460455,"gmtModify":1703755791588,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gravity falls&nbsp;","listText":"Gravity falls&nbsp;","text":"Gravity falls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145296166","repostId":"2151560584","repostType":4,"repost":{"id":"2151560584","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":1626207238,"share":"https://www.laohu8.com/m/news/2151560584?lang=&edition=full","pubTime":"2021-07-14 04:13","market":"us","language":"en","title":"S&P 500 and Nasdaq end down after hitting record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2151560584","media":"Reuters","summary":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new produc","content":"<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&amp;P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&amp;P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&amp;P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&amp;P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&amp;P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase &amp; Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo &amp; Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&amp;P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&amp;P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 and Nasdaq end down after hitting record highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 and Nasdaq end down after hitting record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-14 04:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&amp;P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&amp;P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&amp;P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&amp;P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&amp;P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase &amp; Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo &amp; Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&amp;P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&amp;P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF","NDAQ":"纳斯达克OMX交易所","QID":"纳指两倍做空ETF","SDS":"两倍做空标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF","PSQ":"纳指反向ETF","SH":"标普500反向ETF",".SPX":"S&P 500 Index","QLD":"纳指两倍做多ETF","SSO":"两倍做多标普500ETF","OEX":"标普100","QQQ":"纳指100ETF","SQQQ":"纳指三倍做空ETF","SPXU":"三倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151560584","content_text":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new production problems for 787 Dreamliners\nIndexes: Dow -0.31%, S&P 500 -0.35%, Nasdaq -0.38%\n\n(Updates following end of session)\nJuly 13 (Reuters) - The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.\nThe S&P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.\nData indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.\nEconomists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.\n\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.\nThe S&P 500 growth index dipped 0.05%, while the value index fell 0.70%.\n\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.\nTen of the 11 major S&P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.\nJPMorgan Chase & Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.\nGoldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.\nCitigroup , Wells Fargo & Co and Bank of America were due to report their quarterly results early on Wednesday.\nPepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.\nJune-quarter earnings per share for S&P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.\nAll eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.\nThe Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&P 500 lost 0.35% to 4,369.21.\nThe Nasdaq Composite dropped 0.38% to 14,677.65.\nConagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.\nBoeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.\nVolume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.\n(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899740327,"gmtCreate":1628217041169,"gmtModify":1703503346005,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>time to buy this discounted price gradually&nbsp;","listText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>time to buy this discounted price gradually&nbsp;","text":"$Fastly, Inc.(FSLY)$time to buy this discounted price gradually","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899740327","isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151778536,"gmtCreate":1625110160025,"gmtModify":1703736365204,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"It’s take times, take it as a growth investing in&nbsp;long run [Miser]&nbsp;","listText":"It’s take times, take it as a growth investing in&nbsp;long run [Miser]&nbsp;","text":"It’s take times, take it as a growth investing in long run [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151778536","repostId":"2148493068","repostType":2,"repost":{"id":"2148493068","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":1625108348,"share":"https://www.laohu8.com/m/news/2148493068?lang=&edition=full","pubTime":"2021-07-01 10:59","market":"us","language":"en","title":"Cruise operator Carnival's units cancel Australian voyages through mid-December","url":"https://stock-news.laohu8.com/highlight/detail?id=2148493068","media":"Reuters","summary":"June 30 (Reuters) - Carnival Corp's Princess Cruises and P&O Cruises Australia on Wednesday canceled","content":"<p>June 30 (Reuters) - Carnival Corp's Princess Cruises and P&amp;O Cruises Australia on Wednesday canceled voyages in and out of the country through mid-December, citing uncertainty regarding the resumption of cruise holidays.</p>\n<p>Australia banned the entry of cruise ships in March 2020 when they were the source of most of the country's early COVID-19 cases. The curbs were extended last month to Sept. 17. ()</p>\n<p>P&amp;O Cruises Australia said in a statement that the industry had been in talks with the Australian government and public health authorities since last October for the re-start of domestic-only cruising.</p>\n<p>\"They (the cruise businesses) are like every business in Australia – they need certainty, and I am concerned they may find it increasingly difficult to hang on without a clear pathway forward,\" P&amp;O Cruises Australia President Sture Myrmell said.</p>\n<p>Princess Cruises said in a separate statement that it would move guests booked for a canceled trip to an equivalent cruise next year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cruise operator Carnival's units cancel Australian voyages through mid-December</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\">\nCruise operator Carnival's units cancel Australian voyages through mid-December\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-01 10:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 30 (Reuters) - Carnival Corp's Princess Cruises and P&amp;O Cruises Australia on Wednesday canceled voyages in and out of the country through mid-December, citing uncertainty regarding the resumption of cruise holidays.</p>\n<p>Australia banned the entry of cruise ships in March 2020 when they were the source of most of the country's early COVID-19 cases. The curbs were extended last month to Sept. 17. ()</p>\n<p>P&amp;O Cruises Australia said in a statement that the industry had been in talks with the Australian government and public health authorities since last October for the re-start of domestic-only cruising.</p>\n<p>\"They (the cruise businesses) are like every business in Australia – they need certainty, and I am concerned they may find it increasingly difficult to hang on without a clear pathway forward,\" P&amp;O Cruises Australia President Sture Myrmell said.</p>\n<p>Princess Cruises said in a separate statement that it would move guests booked for a canceled trip to an equivalent cruise next year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCL":"嘉年华邮轮"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148493068","content_text":"June 30 (Reuters) - Carnival Corp's Princess Cruises and P&O Cruises Australia on Wednesday canceled voyages in and out of the country through mid-December, citing uncertainty regarding the resumption of cruise holidays.\nAustralia banned the entry of cruise ships in March 2020 when they were the source of most of the country's early COVID-19 cases. The curbs were extended last month to Sept. 17. ()\nP&O Cruises Australia said in a statement that the industry had been in talks with the Australian government and public health authorities since last October for the re-start of domestic-only cruising.\n\"They (the cruise businesses) are like every business in Australia – they need certainty, and I am concerned they may find it increasingly difficult to hang on without a clear pathway forward,\" P&O Cruises Australia President Sture Myrmell said.\nPrincess Cruises said in a separate statement that it would move guests booked for a canceled trip to an equivalent cruise next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159952214,"gmtCreate":1624937889838,"gmtModify":1703848389044,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Come share an E to me please","listText":"Come share an E to me please","text":"Come share an E to me please","images":[{"img":"https://static.tigerbbs.com/ea5deff805f04bb32fd6745b0f38ca62","width":"1284","height":"2778"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159952214","isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9070508151,"gmtCreate":1657071055374,"gmtModify":1676535944098,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>Chinese stock start moving","listText":"<a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>Chinese stock start moving","text":"$Futu Holdings Limited(FUTU)$Chinese stock start moving","images":[{"img":"https://community-static.tradeup.com/news/ae83fc32141319e73d9c08047e23697b","width":"1284","height":"4182"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070508151","isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9041463331,"gmtCreate":1656086836423,"gmtModify":1676535765466,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041463331","repostId":"2245227500","repostType":4,"repost":{"id":"2245227500","pubTimestamp":1656062886,"share":"https://www.laohu8.com/m/news/2245227500?lang=&edition=full","pubTime":"2022-06-24 17:28","market":"us","language":"en","title":"Palantir: A Strong Recession Play","url":"https://stock-news.laohu8.com/highlight/detail?id=2245227500","media":"seekingalpha","summary":"SummaryPalantir’s shares have been trampled upon this year.The firm's government segment and recent ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir’s shares have been trampled upon this year.</li><li>The firm&#39;s government segment and recent contract win should stabilize Palantir as the economy likely heads into a recession.</li><li>Palantir is cashed up and has no financial debt.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23d0f121f38325521c0b8ebbb42b26b3\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Michael Vi/iStock Editorial via Getty Images</span></p><p>Shares of software analytics company <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> (NYSE:PLTR) have so far lost 50% of their value year to date. This is despite Palantir making significant progress regarding customer acquisition and improving monetization. The market may currently not favor Palantir, but the company represents compelling value for investors in a recession: Palantir has a stable government business with predictable revenues and a very promising commercial business that is seeing accelerating momentum. I believe shares are too cheap given the firm’s potential in the big data niche, and the risk profile around $9 is highly favorable!</p><p><b>Palantir: Down But Not Out</b></p><p>Shares of Palantir have cratered this year as investors swapped growth stocks for value stocks. Inflation is soaring, higher interest rates are starting to create headwinds for stocks, and the Ukraine-Russia conflict has amplified supply chain disruptions. However, I believe Palantir’s government business offers stability and predictable revenue growth during more uncertain and volatile times, while the commercial business provides upside potential.</p><p><img src=\"https://static.tigerbbs.com/980790d9b734c82ef3a21d3baba26516\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>Its Government Business Stabilizes Palantir In A Recession</b></p><p>Palantir’s reliance on government contracts is a key asset for the software analytics company, especially if a recession makes it harder for companies to earn a dollar. Palantir’s government business generated $241.8M in revenues in the first-quarter, showing an increase of 16% year over year. Commercial revenues increased at a rate three times faster, as more companies adopt Palantir&#39;s Foundry platforms. Government revenues accounted for 54% of Palantir’s revenues in Q1’22. Going forward, the U.S. government is going to remain Palantir&#39;s largest and most important client.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a46c00ed600f7a80926b31087eb09124\" tg-width=\"724\" tg-height=\"145\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p>In the first week of June, Palantir announced that the U.S. Space Systems Command awarded the company a $53.8M contract increase related to deployment of Palantir’s Data-as-a-Service platform. The total deal value has since risen to $175.4M.</p><p>The deal with the U.S. Space Systems Command is only one deal the company has struck lately, and Palantir has been exceptionally successful in growing its combined deal value over time. Palantir ended the first-quarter with a total remaining deal value of $3.5B, showing 26% year-over-year growth. The number of new deals closed soared 157% in Q1’22 to 208, while billings increased 35% year over year to $490M.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d1f3ce19dccc864789948657271d33\" tg-width=\"1280\" tg-height=\"553\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p>As the company onboards more clients this year, especially in the commercial business -- which is where Palantir’s acquisition momentum is -- the firm has a real chance of growing its operating margins and achieve profitability. Palantir generates adjusted operating margins of around 30% right now, but could achieve margins between 35-40% longer term as customer monetization improves.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f50d239dc63888e8345c1929345de3d0\" tg-width=\"1280\" tg-height=\"368\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p><b>Recession-Proof Balance Sheet</b></p><p>Besides a strong government business, Palantir has a fortress balance sheet that protects the firm against recession-induced downside. The big data company had $2.3B in cash on its balance sheet at the end of the first-quarter, and the company did not have any financial liabilities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fc937ac14192176064c185ca124af26\" tg-width=\"909\" tg-height=\"692\" width=\"100%\" height=\"auto\"/><span>Palantir</span></p><p><b>Palantir’s Growth Is Discounted</b></p><p>There is no denying it: the market doesn’t value growth stocks very much right now… and this is why shares of Palantir have revalued to just $9. However, I believe Palantir represents deep value at this price and valuation level, in large part because the firm will continue to grow its top line at impressive rates. Management recently reaffirmed its outlook for 30% annual revenue growth until FY 2025, and I believe this is a very achievable goal.</p><p>Palantir is just on the cusp of being profitable, too. Estimates call for $0.16 per-share in profits in FY 2022 and $0.24 per-share in FY 2023. Based off of FY 2023 estimates, Palantir has a price-to-earnings ratio of 38X... which is not a high ratio for a company that expects 30% annual revenue growth.</p><p><img src=\"https://static.tigerbbs.com/a023e3bc055503b924109cea29812007\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>Risks With Palantir</b></p><p>A major risk for Palantir would be if the U.S. government, which is responsible for the majority of Palantir’s revenues, decided to reduce its spending on the firm’s products and services during a recession. Another risk is that the company is diluting shareholders... for which Palantir’s management has been rightfully criticized. I would change my mind about Palantir if the company were to scrap its long term guidance of 30% annual revenue growth or if customer acquisition rates deteriorated.</p><p><b>Final Thoughts</b></p><p>Palantir may be down big at the moment, but the long term outlook for revenue growth is unchanged. Palantir has a very profitable government segment that should help stabilize the firm in a recession, and the balance sheet looks very robust as well.</p><p>At the same time, the commercial segment has upside potential through incremental customer acquisition and stronger monetization. Recent contracts wins and Palantir’s massive order backlog all but guarantee steady cash flow for Palantir in the coming years. Shares of Palantir have become way too cheap, and the risk profile remains heavily skewed to the upside!</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: A Strong Recession Play</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: A Strong Recession Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-24 17:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4519977-palantir-a-strong-recession-play><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir’s shares have been trampled upon this year.The firm's government segment and recent contract win should stabilize Palantir as the economy likely heads into a recession.Palantir is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4519977-palantir-a-strong-recession-play\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4519977-palantir-a-strong-recession-play","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2245227500","content_text":"SummaryPalantir’s shares have been trampled upon this year.The firm's government segment and recent contract win should stabilize Palantir as the economy likely heads into a recession.Palantir is cashed up and has no financial debt.Michael Vi/iStock Editorial via Getty ImagesShares of software analytics company Palantir Technologies Inc. (NYSE:PLTR) have so far lost 50% of their value year to date. This is despite Palantir making significant progress regarding customer acquisition and improving monetization. The market may currently not favor Palantir, but the company represents compelling value for investors in a recession: Palantir has a stable government business with predictable revenues and a very promising commercial business that is seeing accelerating momentum. I believe shares are too cheap given the firm’s potential in the big data niche, and the risk profile around $9 is highly favorable!Palantir: Down But Not OutShares of Palantir have cratered this year as investors swapped growth stocks for value stocks. Inflation is soaring, higher interest rates are starting to create headwinds for stocks, and the Ukraine-Russia conflict has amplified supply chain disruptions. However, I believe Palantir’s government business offers stability and predictable revenue growth during more uncertain and volatile times, while the commercial business provides upside potential.Its Government Business Stabilizes Palantir In A RecessionPalantir’s reliance on government contracts is a key asset for the software analytics company, especially if a recession makes it harder for companies to earn a dollar. Palantir’s government business generated $241.8M in revenues in the first-quarter, showing an increase of 16% year over year. Commercial revenues increased at a rate three times faster, as more companies adopt Palantir's Foundry platforms. Government revenues accounted for 54% of Palantir’s revenues in Q1’22. Going forward, the U.S. government is going to remain Palantir's largest and most important client.PalantirIn the first week of June, Palantir announced that the U.S. Space Systems Command awarded the company a $53.8M contract increase related to deployment of Palantir’s Data-as-a-Service platform. The total deal value has since risen to $175.4M.The deal with the U.S. Space Systems Command is only one deal the company has struck lately, and Palantir has been exceptionally successful in growing its combined deal value over time. Palantir ended the first-quarter with a total remaining deal value of $3.5B, showing 26% year-over-year growth. The number of new deals closed soared 157% in Q1’22 to 208, while billings increased 35% year over year to $490M.PalantirAs the company onboards more clients this year, especially in the commercial business -- which is where Palantir’s acquisition momentum is -- the firm has a real chance of growing its operating margins and achieve profitability. Palantir generates adjusted operating margins of around 30% right now, but could achieve margins between 35-40% longer term as customer monetization improves.PalantirRecession-Proof Balance SheetBesides a strong government business, Palantir has a fortress balance sheet that protects the firm against recession-induced downside. The big data company had $2.3B in cash on its balance sheet at the end of the first-quarter, and the company did not have any financial liabilities.PalantirPalantir’s Growth Is DiscountedThere is no denying it: the market doesn’t value growth stocks very much right now… and this is why shares of Palantir have revalued to just $9. However, I believe Palantir represents deep value at this price and valuation level, in large part because the firm will continue to grow its top line at impressive rates. Management recently reaffirmed its outlook for 30% annual revenue growth until FY 2025, and I believe this is a very achievable goal.Palantir is just on the cusp of being profitable, too. Estimates call for $0.16 per-share in profits in FY 2022 and $0.24 per-share in FY 2023. Based off of FY 2023 estimates, Palantir has a price-to-earnings ratio of 38X... which is not a high ratio for a company that expects 30% annual revenue growth.Risks With PalantirA major risk for Palantir would be if the U.S. government, which is responsible for the majority of Palantir’s revenues, decided to reduce its spending on the firm’s products and services during a recession. Another risk is that the company is diluting shareholders... for which Palantir’s management has been rightfully criticized. I would change my mind about Palantir if the company were to scrap its long term guidance of 30% annual revenue growth or if customer acquisition rates deteriorated.Final ThoughtsPalantir may be down big at the moment, but the long term outlook for revenue growth is unchanged. Palantir has a very profitable government segment that should help stabilize the firm in a recession, and the balance sheet looks very robust as well.At the same time, the commercial segment has upside potential through incremental customer acquisition and stronger monetization. Recent contracts wins and Palantir’s massive order backlog all but guarantee steady cash flow for Palantir in the coming years. Shares of Palantir have become way too cheap, and the risk profile remains heavily skewed to the upside!","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047222391,"gmtCreate":1656930792213,"gmtModify":1676535917535,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"the&nbsp;Peak is over","listText":"the&nbsp;Peak is over","text":"the Peak is over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047222391","repostId":"1113088647","repostType":4,"repost":{"id":"1113088647","pubTimestamp":1656922276,"share":"https://www.laohu8.com/m/news/1113088647?lang=&edition=full","pubTime":"2022-07-04 16:11","market":"us","language":"en","title":"Exxon: How Much Higher Can It Go?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113088647","media":"Seeking Alpha","summary":"SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investmen","content":"<html><head></head><body><p>Summary</p><ul><li>After the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.</li><li>Since Exxon’s 2020 low of around $33 a share the company&#39;s stock price more than tripled before retreating back down to the $88 level.</li><li>In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B.</li><li>LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.</li><li>Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term.</li></ul><p><b>Introduction</b></p><p>2022 has been a great year for oil stocks like <a href=\"https://laohu8.com/S/XOM\">Exxon</a>. After the oil crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry<i>dried</i><i>up</i>and left the world undersupplied with oil, causing prices to soar.</p><p>As one of the largest producers of oil, Exxon has been one of the largest beneficiaries too:</p><p><img src=\"https://static.tigerbbs.com/a3167b2e19862d87f9a1d7d5e27c770c\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/></p><p>Since Exxon’s 2020 low of around $33 a share the company&#39;s stock price has nearly tripled, that&#39;s after its recent retreat down from the $105 level, settling back down to $88.</p><p>But, as investors, we’re faced with a conundrum: Exxon, and oil companies like it, are reaping record profits, profits that look set to continue due to record low investments, but could a potential recession turn Exxon into a losing investment? And furthermore, is Exxon the best investment among the major oil producers?</p><p>Within this article I’ll provide:</p><ul><li>An update on Exxon’s business and prospects</li><li>A comparison of the financial performance of Exxon vs Peers</li><li>A valuation of Exxon’s shares under different market environments</li></ul><p>Exxon Business Update</p><p>Exxon has been a major beneficiary of the recovery in global oil prices. After decades of underinvestment, and Russia-induced geopolitical uncertainty, oil stocks are shining once again. Finally, oil is back in vogue. (XLE) (USO)</p><p><img src=\"https://static.tigerbbs.com/65b52596c745ee5312c25c9c49a36801\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B and excluding its Russia exit, earnings would have been up $6B from the prior year to $8.8B.</p><p>Adjusted for Russia, Exxon’s earnings went from $2.8B to $8.8B, which is nothing short of miraculous and speaks to the correlation between Exxon’s performance and the global commodities market.</p><p>In addition to the strong financial performance, Exxon likely made a few shareholders happy when they announced a $30B buyback through 2023 (roughly 8% of its current market cap). Add on to its 4% dividend yield, and Exxon looks set to return roughly 12% of its market cap to shareholders this year.</p><p>Outside of oil, Exxon is also active in a number of LNG projects around the world. LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.</p><p><img src=\"https://static.tigerbbs.com/139ec6ba8d98858c3a9bb29c136aaa51\" tg-width=\"1280\" tg-height=\"2229\" referrerpolicy=\"no-referrer\"/>Countries like Germany are building new LNG terminals and looking to lock down additional alternative supplies. An LNG project can take years to plan and execute, meaning LNG, like oil, is likely to stay in short supply and expensive for some time, luckily Exxon is continuing to make progress on its LNG ambitions.</p><p>ExxonMobil continued to progress its global LNG growth strategy to meet growing worldwide demand for reliable gas supply. Commissioning of the Area 4 Coral South Floating LNG project in Mozambique is underway, with first production expected this year, and the company signed the P’nyang Gas Agreement in Papua New Guinea. Additionally, construction of the Golden Pass liquefaction facilities on the U.S. Gulf Coast remains on schedule.</p><p>Financial Analysis:</p><p>Moving forward to the financial analysis, let&#39;s compare how Exxon has grown versus peers: <a href=\"https://laohu8.com/S/CVX\">Chevron</a>, <a href=\"https://laohu8.com/S/EQNR\">Equinor </a>, <a href=\"https://laohu8.com/S/TTE\">TotalEnergies </a>, and <a href=\"https://laohu8.com/S/SHEL\">Shell </a>.</p><p><img src=\"https://static.tigerbbs.com/5d57cc547f6e091e3341ba42807ffb13\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/57169c6ffa2e3512afc0d0c9e6d57c36\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>The oil industry has its good times, and it has its bad times. Nowhere is that more apparent than in the volatility of both revenue and earnings for these companies. Some of these companies have sizable non-petroleum operations (Total and Equinor), but they are still by in large reliant on global oil market pricing. Because of that connection, there are massive fluctuations in earnings and revenue from year to year.</p><p>This variability is undesirable as it makes forecasting future cash flows that much more difficult, because of this, I would expect an oil producer’s valuation to be lower than other stocks with more predictable cash flows.</p><p><b>Operating Cash Flow</b></p><p><img src=\"https://static.tigerbbs.com/1e2ea4e8162108664c6a0a58117bcef1\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>When evaluating companies, I also like to look at their operating cash flow. I find this useful because it shows us how much cash flow their operating business generated. Like the revenue and EPS charts, there is significant volatility in their operating cash flows.</p><p>Interestingly, the two US-listed companies on this chart, Exxon and Chevron, both ended the decade with less operating cash flow than when they started it, despite crude oil prices being higher now than they once were.</p><p>Equinor’s performance is particularly noteworthy, I’d wager that this is due to their site’s proximity to Europe which trying to wean off Russian oil and gas products.</p><p><b>US Crude 10-Year Chart:</b></p><p><img src=\"https://static.tigerbbs.com/6bd3b44efe2932463aea3a74fafa8b5e\" tg-width=\"1280\" tg-height=\"842\" referrerpolicy=\"no-referrer\"/><b>Return on Invested Capital</b></p><p><img src=\"https://static.tigerbbs.com/349b565b4ea043cd8f2519256983bdd2\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>Return on Invested Capital for these companies has varied wildly over their existences.</p><p>In times like the 2000s with oil prices, investments into oil exploration and refineries yielded huge returns on capital (upwards of 40%!). But when oil prices are low, as they were the last two years, investments fail to break through single-digit returns.</p><p><b>Exxon’s Correlation to US Oil Fund</b><img src=\"https://static.tigerbbs.com/3ce5dec941bfb602f15bbb2db2c8f0aa\" tg-width=\"635\" tg-height=\"464\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Given the strong correlation of Exxon’s earnings to oil prices, it&#39;s no surprise the stock’s price is too. As you can see, over the last 5 years Exxon has exhibited an exceptionally strong correlation to the price of crude (estimated vis-a-vis (USO) ), especially during volatile periods like Spring through Summer of 2020.</p><p>This could be viewed as either a pro or a con, if you’d like exposure to crude oil it&#39;s clearly a strength. But for myself, someone who prefers to invest in companies that are not as reliant on macro factors to succeed, I see this as a negative.</p><p><b>Valuation</b></p><p>There are many ways to value a company, but two of my favorites are the discounted cash flow analysis and comparing forward PEs vs peers. The reason I typically employ these two different models is that they help me accomplish a few different goals. First, using the forward PE analysis I can remove any biases I may hold (if I can identify the right peers). And secondly, in the discounted cash flow analysis I can adjust all the inputs to my expectations and account for growth much further into the future. Let&#39;s start with the Forward PE analysis.</p><p><b>Forward PE Analysis</b></p><p><img src=\"https://static.tigerbbs.com/715933f1b8e9696b4058e77780adb4e4\" tg-width=\"942\" tg-height=\"428\" width=\"100%\" height=\"auto\"/>Source: Yahoo Finance, Analyst Expectations, and Authors Calculations</p><p>Looking at the chart above, we can see that Exxon is one of the most highly valued oil majors with a forward PE ratio of 9.7x. Based on the average analyst expectation, Chevron is the only oil major priced more richly at 9.9x.</p><p>Exxon’s European peers Total, Equinor, and Shell are all priced significantly lower than either Exxon or Chevron. In my view, this is likely due to the heightened regulatory environment abroad.</p><p>That said, at 9.7x. Exxon’s shares are not overvalued when compared to the market as a whole, especially tech stocks. In a prior article, I calculated that Microsoft’s (MSFT) forward PE is roughly 23x, so 9.7x could still be considered quite a bargain. But many will agree that Microsoft is likely to grow faster, and for longer than Exxon or an oil company. In other words, it’s a bit of a toss-up.</p><p><img src=\"https://static.tigerbbs.com/670a5585f01403bad22b400e780d2d29\" tg-width=\"1266\" tg-height=\"462\" width=\"100%\" height=\"auto\"/>Speaking on a relative basis, based on my analysis, Exxon’s shares appear to be overvalued versus its peers. The average forward PE in this group worked out to be 7.2x earnings implying Exxon could trade down to $65 a share.</p><p>TotalEnergies looks to be the best value, if its shares are traded like Chevron, Total could see its shares double to $106.</p><p><b>Discounted Cash Flow Analysis</b></p><p>As I alluded, let&#39;s see how Exxon’s valuation changes once you consider various future growth scenarios and discount rates. For my base case, I’m assuming no changes to the share count, a 10% discount rate, 1% revenue growth after 2023 through 2028 (analyst expectations for &#39;22 and &#39;23), and -2% thereafter.</p><p><img src=\"https://static.tigerbbs.com/c6941c16d915c7665847c4106d0f0837\" tg-width=\"953\" tg-height=\"498\" width=\"100%\" height=\"auto\"/>Source: Yahoo Finance, Analyst Expectations, and Authors Calculations</p><p>Using the inputs from my base case, I come to a fair value per share of $70, a bit more than 10% below the current share price.</p><p>Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term. But the oil market has been especially volatile since 2020 started which makes it especially difficult to predict where oil prices will go in the future.</p><p>Because of that, I included a few other growth scenarios using different discount rates.</p><p><b>Sensitivity Analysis</b></p><p><img src=\"https://static.tigerbbs.com/ef8472eb1cf81c678499f7774413a1a1\" tg-width=\"947\" tg-height=\"371\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/86c3e6d555ccd371c14b0781be64a5d9\" tg-width=\"944\" tg-height=\"279\" width=\"100%\" height=\"auto\"/>In my sensitivity analysis, three of nine scenarios work out to be money makers, largely depending on if the price of oil can be sustained/increase over time.</p><p>With Exxon, I think it&#39;s prudent to form an honest evaluation of your own knowledge and ask yourself to what degree you understand the oil industry and where prices will go from here. Frankly, I’m not a macro-economic expert, because of that and my doubts in predicting future oil price trends, I require a higher discount rate to compensate me for the additional risk.</p><p><b>Risks</b></p><p>Speaking of risks, before I present my final price target and verdict on the company, let&#39;s first consider some of the risks facing Exxon, and the oil industry writ large.</p><p><b>ESG:</b>Stock prices are fickle. In the short term, prices can be affected by a myriad of factors, especially sentiment. As Benjamin Graham said:</p><blockquote>In the short run, the market is a voting machine but in the long run it is a weighing machine.</blockquote><p><i>But what happens when sentiment is permanently destroyed?</i></p><p>I wonder if that is perhaps what has gone on with oil stocks. Since the rise of ESG investing companies have been encouraged to embrace “stake-holder” capitalism whereby the companies should place equal weight on all stakeholders, including the environment. While I don’t personally buy into this philosophy, it seems clear to me that many investors do.</p><p>As a result, ESG has cast a shadow over oil companies, often blaming them for much of what is wrong in the world. It&#39;s actually led to some funds divesting from oil companies entirely.</p><p>If, over the long run, these ESG concerns are no longer relevant, then perhaps we could see a further appreciation in share price. Personally, I don’t expect ESG to go away anytime soon. And, based on that, I don&#39;t see the earnings multiples ever coming back to where they once were.</p><p><b>Regulation:</b>Another headwind facing oil companies is regulation, now more than ever. Some countries in Europe have implemented so-called “windfall” taxes on oil companies to tax them at an increased rate now that prices are high again. To say nothing of the environmental regulations, it should be common sense that regulations desensitize further investments to increase supply.</p><p>So perhaps regulation could be a tailwind as it will cause higher oil prices… But even in that case, I think it&#39;s probable the primary beneficiaries of that would be non-democratic countries that can more easily ignore societal demands.</p><p><b>Recession:</b>I’ll keep these last couple of risks succinct. Recessions lead to demand destruction. As demand is destroyed less oil is consumed across the entire global economy. Less travel being done, fewer goods being produced and transported, etc.</p><p>This is especially worrisome given the Fed&#39;s mandate of price stability and the ongoing QT which may cause a recession.</p><p><b>Electric Vehicles:</b>The rise of electronic vehicles could threaten the long-term oil demand. First are cars, next will be semi-trucks, and then later we could see planes and boats shift towards electric. As renewable energy comes down in price, EVs will grow in demand. This will likely be a slow multi-decade shift, but it does appear we are at the beginning of a strong trend, at least in this author&#39;s mind.</p><p><b>Conclusion</b></p><p>Exxon is the right company, for the right time. In the words of Sam Elliott, in the Big Lebowski:</p><blockquote>Sometimes, there&#39;s a man, well, he&#39;s the man for his time and place. He fits right in there.</blockquote><p>And well, Exxon is the “man” for this time. Inflation fears run rampant, and supplies for both oil and LNG appear to be with us for the long haul. Exxon is the company that can provide both LNG and Petroleum when we need it most. So their shares have rightly soared.</p><p>As far as financial performance goes, well, it&#39;s checkered. They are performing well now. But how long will it last? Well, that’s anyone&#39;s guess.</p><p>Supply is likely to be low for some time but the odds of demand destruction vis-a-vis a recession seem higher than they were earlier in the year.</p><p>Valuing Exxon was a particular challenge because so much of its future cash flows will hinge on commodity prices. With that in mind, my price target and recommendation will be based on the average forward PE in its group.</p><p><i>I rate Exxon a “Sell” with a 1-year price target of $65 a share.</i></p><p>At $65 a share, Exxon would be in line with the average forward PE in its peer group, 7.2x.</p><p>So, to answer the question is Exxon the best of the oil majors? Based on what I’ve seen, no. No, it is not. Its growth rate is relatively in line with its peers, but it trades for a higher multiple, I would rather invest in (TTE) or (SHEL) at these levels.</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>Exxon: How Much Higher Can It Go?</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\">\nExxon: How Much Higher Can It Go?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-04 16:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.Since ...</p>\n\n<a href=\"https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113088647","content_text":"SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.Since Exxon’s 2020 low of around $33 a share the company's stock price more than tripled before retreating back down to the $88 level.In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B.LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term.Introduction2022 has been a great year for oil stocks like Exxon. After the oil crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industrydriedupand left the world undersupplied with oil, causing prices to soar.As one of the largest producers of oil, Exxon has been one of the largest beneficiaries too:Since Exxon’s 2020 low of around $33 a share the company's stock price has nearly tripled, that's after its recent retreat down from the $105 level, settling back down to $88.But, as investors, we’re faced with a conundrum: Exxon, and oil companies like it, are reaping record profits, profits that look set to continue due to record low investments, but could a potential recession turn Exxon into a losing investment? And furthermore, is Exxon the best investment among the major oil producers?Within this article I’ll provide:An update on Exxon’s business and prospectsA comparison of the financial performance of Exxon vs PeersA valuation of Exxon’s shares under different market environmentsExxon Business UpdateExxon has been a major beneficiary of the recovery in global oil prices. After decades of underinvestment, and Russia-induced geopolitical uncertainty, oil stocks are shining once again. Finally, oil is back in vogue. (XLE) (USO)In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B and excluding its Russia exit, earnings would have been up $6B from the prior year to $8.8B.Adjusted for Russia, Exxon’s earnings went from $2.8B to $8.8B, which is nothing short of miraculous and speaks to the correlation between Exxon’s performance and the global commodities market.In addition to the strong financial performance, Exxon likely made a few shareholders happy when they announced a $30B buyback through 2023 (roughly 8% of its current market cap). Add on to its 4% dividend yield, and Exxon looks set to return roughly 12% of its market cap to shareholders this year.Outside of oil, Exxon is also active in a number of LNG projects around the world. LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.Countries like Germany are building new LNG terminals and looking to lock down additional alternative supplies. An LNG project can take years to plan and execute, meaning LNG, like oil, is likely to stay in short supply and expensive for some time, luckily Exxon is continuing to make progress on its LNG ambitions.ExxonMobil continued to progress its global LNG growth strategy to meet growing worldwide demand for reliable gas supply. Commissioning of the Area 4 Coral South Floating LNG project in Mozambique is underway, with first production expected this year, and the company signed the P’nyang Gas Agreement in Papua New Guinea. Additionally, construction of the Golden Pass liquefaction facilities on the U.S. Gulf Coast remains on schedule.Financial Analysis:Moving forward to the financial analysis, let's compare how Exxon has grown versus peers: Chevron, Equinor , TotalEnergies , and Shell .The oil industry has its good times, and it has its bad times. Nowhere is that more apparent than in the volatility of both revenue and earnings for these companies. Some of these companies have sizable non-petroleum operations (Total and Equinor), but they are still by in large reliant on global oil market pricing. Because of that connection, there are massive fluctuations in earnings and revenue from year to year.This variability is undesirable as it makes forecasting future cash flows that much more difficult, because of this, I would expect an oil producer’s valuation to be lower than other stocks with more predictable cash flows.Operating Cash FlowWhen evaluating companies, I also like to look at their operating cash flow. I find this useful because it shows us how much cash flow their operating business generated. Like the revenue and EPS charts, there is significant volatility in their operating cash flows.Interestingly, the two US-listed companies on this chart, Exxon and Chevron, both ended the decade with less operating cash flow than when they started it, despite crude oil prices being higher now than they once were.Equinor’s performance is particularly noteworthy, I’d wager that this is due to their site’s proximity to Europe which trying to wean off Russian oil and gas products.US Crude 10-Year Chart:Return on Invested CapitalReturn on Invested Capital for these companies has varied wildly over their existences.In times like the 2000s with oil prices, investments into oil exploration and refineries yielded huge returns on capital (upwards of 40%!). But when oil prices are low, as they were the last two years, investments fail to break through single-digit returns.Exxon’s Correlation to US Oil FundData by YChartsGiven the strong correlation of Exxon’s earnings to oil prices, it's no surprise the stock’s price is too. As you can see, over the last 5 years Exxon has exhibited an exceptionally strong correlation to the price of crude (estimated vis-a-vis (USO) ), especially during volatile periods like Spring through Summer of 2020.This could be viewed as either a pro or a con, if you’d like exposure to crude oil it's clearly a strength. But for myself, someone who prefers to invest in companies that are not as reliant on macro factors to succeed, I see this as a negative.ValuationThere are many ways to value a company, but two of my favorites are the discounted cash flow analysis and comparing forward PEs vs peers. The reason I typically employ these two different models is that they help me accomplish a few different goals. First, using the forward PE analysis I can remove any biases I may hold (if I can identify the right peers). And secondly, in the discounted cash flow analysis I can adjust all the inputs to my expectations and account for growth much further into the future. Let's start with the Forward PE analysis.Forward PE AnalysisSource: Yahoo Finance, Analyst Expectations, and Authors CalculationsLooking at the chart above, we can see that Exxon is one of the most highly valued oil majors with a forward PE ratio of 9.7x. Based on the average analyst expectation, Chevron is the only oil major priced more richly at 9.9x.Exxon’s European peers Total, Equinor, and Shell are all priced significantly lower than either Exxon or Chevron. In my view, this is likely due to the heightened regulatory environment abroad.That said, at 9.7x. Exxon’s shares are not overvalued when compared to the market as a whole, especially tech stocks. In a prior article, I calculated that Microsoft’s (MSFT) forward PE is roughly 23x, so 9.7x could still be considered quite a bargain. But many will agree that Microsoft is likely to grow faster, and for longer than Exxon or an oil company. In other words, it’s a bit of a toss-up.Speaking on a relative basis, based on my analysis, Exxon’s shares appear to be overvalued versus its peers. The average forward PE in this group worked out to be 7.2x earnings implying Exxon could trade down to $65 a share.TotalEnergies looks to be the best value, if its shares are traded like Chevron, Total could see its shares double to $106.Discounted Cash Flow AnalysisAs I alluded, let's see how Exxon’s valuation changes once you consider various future growth scenarios and discount rates. For my base case, I’m assuming no changes to the share count, a 10% discount rate, 1% revenue growth after 2023 through 2028 (analyst expectations for '22 and '23), and -2% thereafter.Source: Yahoo Finance, Analyst Expectations, and Authors CalculationsUsing the inputs from my base case, I come to a fair value per share of $70, a bit more than 10% below the current share price.Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term. But the oil market has been especially volatile since 2020 started which makes it especially difficult to predict where oil prices will go in the future.Because of that, I included a few other growth scenarios using different discount rates.Sensitivity AnalysisIn my sensitivity analysis, three of nine scenarios work out to be money makers, largely depending on if the price of oil can be sustained/increase over time.With Exxon, I think it's prudent to form an honest evaluation of your own knowledge and ask yourself to what degree you understand the oil industry and where prices will go from here. Frankly, I’m not a macro-economic expert, because of that and my doubts in predicting future oil price trends, I require a higher discount rate to compensate me for the additional risk.RisksSpeaking of risks, before I present my final price target and verdict on the company, let's first consider some of the risks facing Exxon, and the oil industry writ large.ESG:Stock prices are fickle. In the short term, prices can be affected by a myriad of factors, especially sentiment. As Benjamin Graham said:In the short run, the market is a voting machine but in the long run it is a weighing machine.But what happens when sentiment is permanently destroyed?I wonder if that is perhaps what has gone on with oil stocks. Since the rise of ESG investing companies have been encouraged to embrace “stake-holder” capitalism whereby the companies should place equal weight on all stakeholders, including the environment. While I don’t personally buy into this philosophy, it seems clear to me that many investors do.As a result, ESG has cast a shadow over oil companies, often blaming them for much of what is wrong in the world. It's actually led to some funds divesting from oil companies entirely.If, over the long run, these ESG concerns are no longer relevant, then perhaps we could see a further appreciation in share price. Personally, I don’t expect ESG to go away anytime soon. And, based on that, I don't see the earnings multiples ever coming back to where they once were.Regulation:Another headwind facing oil companies is regulation, now more than ever. Some countries in Europe have implemented so-called “windfall” taxes on oil companies to tax them at an increased rate now that prices are high again. To say nothing of the environmental regulations, it should be common sense that regulations desensitize further investments to increase supply.So perhaps regulation could be a tailwind as it will cause higher oil prices… But even in that case, I think it's probable the primary beneficiaries of that would be non-democratic countries that can more easily ignore societal demands.Recession:I’ll keep these last couple of risks succinct. Recessions lead to demand destruction. As demand is destroyed less oil is consumed across the entire global economy. Less travel being done, fewer goods being produced and transported, etc.This is especially worrisome given the Fed's mandate of price stability and the ongoing QT which may cause a recession.Electric Vehicles:The rise of electronic vehicles could threaten the long-term oil demand. First are cars, next will be semi-trucks, and then later we could see planes and boats shift towards electric. As renewable energy comes down in price, EVs will grow in demand. This will likely be a slow multi-decade shift, but it does appear we are at the beginning of a strong trend, at least in this author's mind.ConclusionExxon is the right company, for the right time. In the words of Sam Elliott, in the Big Lebowski:Sometimes, there's a man, well, he's the man for his time and place. He fits right in there.And well, Exxon is the “man” for this time. Inflation fears run rampant, and supplies for both oil and LNG appear to be with us for the long haul. Exxon is the company that can provide both LNG and Petroleum when we need it most. So their shares have rightly soared.As far as financial performance goes, well, it's checkered. They are performing well now. But how long will it last? Well, that’s anyone's guess.Supply is likely to be low for some time but the odds of demand destruction vis-a-vis a recession seem higher than they were earlier in the year.Valuing Exxon was a particular challenge because so much of its future cash flows will hinge on commodity prices. With that in mind, my price target and recommendation will be based on the average forward PE in its group.I rate Exxon a “Sell” with a 1-year price target of $65 a share.At $65 a share, Exxon would be in line with the average forward PE in its peer group, 7.2x.So, to answer the question is Exxon the best of the oil majors? Based on what I’ve seen, no. No, it is not. Its growth rate is relatively in line with its peers, but it trades for a higher multiple, I would rather invest in (TTE) or (SHEL) at these levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047222950,"gmtCreate":1656930723970,"gmtModify":1676535917535,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"May collect it gradually,need some times to let the new&nbsp;management to perform&nbsp;better&nbsp;","listText":"May collect it gradually,need some times to let the new&nbsp;management to perform&nbsp;better&nbsp;","text":"May collect it gradually,need some times to let the new management to perform better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047222950","repostId":"9047194412","repostType":1,"repost":{"id":9047194412,"gmtCreate":1656890331036,"gmtModify":1676535908529,"author":{"id":"3570925416001387","authorId":"3570925416001387","name":"MySunshine","avatar":"https://static.tigerbbs.com/256da1143b2fdf143004ba51ce72c154","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FSLY\">$Fastly, Inc.(FSLY)$</a>good share?","listText":"<a href=\"https://ttm.financial/S/FSLY\">$Fastly, Inc.(FSLY)$</a>good share?","text":"$Fastly, Inc.(FSLY)$good share?","images":[{"img":"https://community-static.tradeup.com/news/7ced2313b5f12e81b2d22c75330f673a","width":"1080","height":"3501"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047194412","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041461024,"gmtCreate":1656086948168,"gmtModify":1676535765637,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Come join us","listText":"Come join us","text":"Come join us","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041461024","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. 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Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159723045,"gmtCreate":1624980975287,"gmtModify":1703849495422,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SGMO\">$Sangamo BioSciences(SGMO)$</a>Patients, good stock need times","listText":"<a href=\"https://laohu8.com/S/SGMO\">$Sangamo BioSciences(SGMO)$</a>Patients, good stock need times","text":"$Sangamo BioSciences(SGMO)$Patients, good stock need times","images":[{"img":"https://static.tigerbbs.com/37000ac33580aa197fe98631d4c74e0c","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159723045","isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":159045585,"gmtCreate":1624933113847,"gmtModify":1703848264431,"author":{"id":"4087912702468600","authorId":"4087912702468600","name":"Roykoko","avatar":"https://static.tigerbbs.com/6a1929bfda8b5cf5953787866ec3cc50","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159045585","repostId":"2147837154","repostType":4,"repost":{"id":"2147837154","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":1624914371,"share":"https://www.laohu8.com/m/news/2147837154?lang=&edition=full","pubTime":"2021-06-29 05:06","market":"us","language":"en","title":"Goldman Sachs increases quarterly dividend to $2 per share","url":"https://stock-news.laohu8.com/highlight/detail?id=2147837154","media":"Reuters","summary":"June 28 (Reuters) - Goldman Sachs Group Inc said on Monday it planned to increase its common stock d","content":"<p>June 28 (Reuters) - Goldman Sachs Group Inc said on Monday it planned to increase its common stock dividend to $2 per share from $1.25.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs increases quarterly dividend to $2 per share</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\">\nGoldman Sachs increases quarterly dividend to $2 per share\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-29 05:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 28 (Reuters) - Goldman Sachs Group Inc said on Monday it planned to increase its common stock dividend to $2 per share from $1.25.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147837154","content_text":"June 28 (Reuters) - Goldman Sachs Group Inc said on Monday it planned to increase its common stock dividend to $2 per share from $1.25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}