+Follow
MyMelody
No personal profile
181
Follow
52
Followers
0
Topic
0
Badge
Posts
Hot
MyMelody
2022-03-19
Like please
Sorry, the original content has been removed
MyMelody
2022-03-15
Like
Sorry, the original content has been removed
MyMelody
2022-03-14
Like please
Pre-Bell|U.S. Stock Futures Wavered on Monday; Alibaba Fell nearly 5%
MyMelody
2022-03-17
Like
Sorry, the original content has been removed
MyMelody
2022-03-30
Like
Sorry, the original content has been removed
MyMelody
2022-02-28
Interesting news
Sorry, the original content has been removed
MyMelody
2022-02-26
Like please
Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value
MyMelody
2022-04-10
Like
2 Stocks That Could Be Worth More Than Tesla by 2030
MyMelody
2022-03-10
Like pls
2 Ultra-High-Yield Dividend Stocks With Up to 72% Upside, According to Wall Street
MyMelody
2022-04-30
Like
Berkshire Hathaway Earnings Fall on Investment Losses
MyMelody
2022-04-22
Like
Sorry, the original content has been removed
MyMelody
2022-02-15
Like please
Tech Sell-Off: This Beaten-Down Growth Stock Could Soar 312%, Says Wall Street
MyMelody
2022-12-12
Like
Sorry, the original content has been removed
MyMelody
2022-04-06
Like
Sorry, the original content has been removed
MyMelody
2022-04-01
Like
U.S. Stocks Open Slightly Higher after March Jobs Report
MyMelody
2022-03-10
Like please
Tesla May Be Reaching Critical Point
MyMelody
2022-03-05
Like please
3 Top MLPs to Buy For High Yields
MyMelody
2021-12-28
Like pls
Sorry, the original content has been removed
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4097904547274900","uuid":"4097904547274900","gmtCreate":1634901355030,"gmtModify":1634997958978,"name":"MyMelody","pinyin":"mymelody","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","hatId":"shopping-5c7909103804749e0b21df6dfddc9bae","hatName":"2024 New Year frame","vip":1,"status":2,"fanSize":52,"headSize":181,"tweetSize":178,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.19","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":2,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.19","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},"individualDisplayBadges":null,"crmLevel":3,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":9923674071,"gmtCreate":1670857662594,"gmtModify":1676538447216,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v>","text":"$NVIDIA Corp(NVDA)$","images":[{"img":"https://community-static.tradeup.com/news/3878f8ca00f4fc7151da1379df35d43a","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9923674071","isVote":1,"tweetType":1,"viewCount":1201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9923675366,"gmtCreate":1670857609356,"gmtModify":1676538447192,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/ff3e63f097f46afbdeebd94e57ff4959","width":"750","height":"1542"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923675366","isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9923676056,"gmtCreate":1670857308175,"gmtModify":1676538447137,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9923676056","repostId":"1184694706","repostType":4,"isVote":1,"tweetType":1,"viewCount":1245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920273821,"gmtCreate":1670511667563,"gmtModify":1676538383185,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a>","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a>","text":"$NVIDIA Corp(NVDA)$","images":[{"img":"https://community-static.tradeup.com/news/ff21aea54f6404a6d9dcda6e587098ff","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920273821","isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9920247135,"gmtCreate":1670511321128,"gmtModify":1676538383105,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Ok ","listText":"Ok ","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920247135","repostId":"1114810654","repostType":4,"repost":{"id":"1114810654","kind":"news","pubTimestamp":1670508090,"share":"https://ttm.financial/m/news/1114810654?lang=&edition=fundamental","pubTime":"2022-12-08 22:01","market":"us","language":"en","title":"Apple Car Can Single-Handedly Solve Growth Challenges And Make Up For 25% Of Tech Giant's Business, Says Munster","url":"https://stock-news.laohu8.com/highlight/detail?id=1114810654","media":"Benzinga","summary":"ZINGER KEY POINTSApple Car could be delayed to 2026 and the company might scale back its vision for ","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Apple Car could be delayed to 2026 and the company might scale back its vision for the EV, Bloomberg recently reported.</li><li>Apple could struggle to boost revenue with mid-sized markets-focused products and a car could help boost growth, said Gene Munster.</li></ul><p>The launch of the <b>Apple Inc.</b>’s self-driving car could be delayed yet again, according to a Bloomberg report on Tuesday.</p><p><b>What Happened: Loup Funds</b>’ co-founder <b>Gene Munster</b> offered his take on the report and the likelihood of Apple rolling out an electric vehicle off its stable.</p><p>The odds of an <b>Apple Car</b> being on the market by 2026 is 50/50, Munster said. With Apple’s stock currently pricing in all of “<b>Project Titan</b>”-related expenses and a little revenue upside, terminating the project could lift earnings by about 2%, the analyst said. A release of the car, the analyst said, could be earnings accretive in the long run.</p><p>As opposed to the <b>iPad, iPhone</b> and <b>iPod</b>, which took six years, three years and one-and-half years, respectively, for development, Apple Car has been in the works for nine years now, the analyst said. The mixed reality headset has been in development for about six years, Munster added.</p><p>Although Apple Car has the longest investment period of any Cupertino product to date, it has consumed only 4% of the company’s total R&D spend in 2022, Munster noted. He added that the company could be working with the prudent strategy of spending just enough to move the project forward without impacting profit margins.</p><p><b>Apple Car Makes Sense:</b> An Apple Car, according to the analyst, makes sense for the company, as the concept of a car is fundamentally changing. The company can replicate the playbook of vertical integration it has written for its devices, the analyst said.</p><p>Also, Apple Car will be able to single-handedly solve the company’s growth challenges, Munster said. The venture capitalist noted that the company will find it difficult to grow if it proceeds only with products geared toward mid-sized addressable markets.</p><p>The auto market is massive enough to move up Apple’s growth, the analyst said. Even if Apple captures 2% of the global auto market, it could be selling 1.5 million cars, and with an average selling price of $100,000 per car, he added that a $150 billion a year accretion to topline is likely.</p><p>The analyst expects the self-driving car to account for 25% of Apple’s overall business in 2030, assuming the company's core business grows at 5% over the next seven years.</p><p><b>Price Action:</b> Apple closed Wednesday's session down 1.38%, at $140.94.</p></body></html>","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>Apple Car Can Single-Handedly Solve Growth Challenges And Make Up For 25% Of Tech Giant's Business, Says Munster</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Car Can Single-Handedly Solve Growth Challenges And Make Up For 25% Of Tech Giant's Business, Says Munster\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 22:01 GMT+8 <a href=https://www.benzinga.com/analyst-ratings/analyst-color/22/12/30001877/apple-car-can-single-handedly-solve-growth-challenges-and-make-up-for-25-of-tech-gi><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSApple Car could be delayed to 2026 and the company might scale back its vision for the EV, Bloomberg recently reported.Apple could struggle to boost revenue with mid-sized markets-...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/22/12/30001877/apple-car-can-single-handedly-solve-growth-challenges-and-make-up-for-25-of-tech-gi\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/22/12/30001877/apple-car-can-single-handedly-solve-growth-challenges-and-make-up-for-25-of-tech-gi","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114810654","content_text":"ZINGER KEY POINTSApple Car could be delayed to 2026 and the company might scale back its vision for the EV, Bloomberg recently reported.Apple could struggle to boost revenue with mid-sized markets-focused products and a car could help boost growth, said Gene Munster.The launch of the Apple Inc.’s self-driving car could be delayed yet again, according to a Bloomberg report on Tuesday.What Happened: Loup Funds’ co-founder Gene Munster offered his take on the report and the likelihood of Apple rolling out an electric vehicle off its stable.The odds of an Apple Car being on the market by 2026 is 50/50, Munster said. With Apple’s stock currently pricing in all of “Project Titan”-related expenses and a little revenue upside, terminating the project could lift earnings by about 2%, the analyst said. A release of the car, the analyst said, could be earnings accretive in the long run.As opposed to the iPad, iPhone and iPod, which took six years, three years and one-and-half years, respectively, for development, Apple Car has been in the works for nine years now, the analyst said. The mixed reality headset has been in development for about six years, Munster added.Although Apple Car has the longest investment period of any Cupertino product to date, it has consumed only 4% of the company’s total R&D spend in 2022, Munster noted. He added that the company could be working with the prudent strategy of spending just enough to move the project forward without impacting profit margins.Apple Car Makes Sense: An Apple Car, according to the analyst, makes sense for the company, as the concept of a car is fundamentally changing. The company can replicate the playbook of vertical integration it has written for its devices, the analyst said.Also, Apple Car will be able to single-handedly solve the company’s growth challenges, Munster said. The venture capitalist noted that the company will find it difficult to grow if it proceeds only with products geared toward mid-sized addressable markets.The auto market is massive enough to move up Apple’s growth, the analyst said. Even if Apple captures 2% of the global auto market, it could be selling 1.5 million cars, and with an average selling price of $100,000 per car, he added that a $150 billion a year accretion to topline is likely.The analyst expects the self-driving car to account for 25% of Apple’s overall business in 2030, assuming the company's core business grows at 5% over the next seven years.Price Action: Apple closed Wednesday's session down 1.38%, at $140.94.","news_type":1},"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9051214254,"gmtCreate":1654697971278,"gmtModify":1676535494271,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051214254","repostId":"2241839291","repostType":4,"repost":{"id":"2241839291","kind":"highlight","pubTimestamp":1654701621,"share":"https://ttm.financial/m/news/2241839291?lang=&edition=fundamental","pubTime":"2022-06-08 23:20","market":"us","language":"en","title":"Goldman Sachs: Buy These 2 Stocks Before They Surge Over 40%","url":"https://stock-news.laohu8.com/highlight/detail?id=2241839291","media":"TipRanks","summary":"Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a ","content":"<div>\n<p>Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a slowing global economy, the geopolitical ramifications following Russia’s invasion of Ukraine and - ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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: Buy These 2 Stocks Before They Surge Over 40%</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\">\nGoldman Sachs: Buy These 2 Stocks Before They Surge Over 40%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 23:20 GMT+8 <a href=https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a slowing global economy, the geopolitical ramifications following Russia’s invasion of Ukraine and - ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4552":"Archegos爆仓风波概念","PSTG":"Pure Storage Inc","BK4127":"投资银行业与经纪业","LULU":"lululemon athletica","BK4504":"桥水持仓","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2241839291","content_text":"Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a slowing global economy, the geopolitical ramifications following Russia’s invasion of Ukraine and - possibly most of all - the prospect of the Fed seriously tightening its monetary policy to combat inflation – have all been weighing heavily on investors’ minds.That doesn’t necessarily mean there aren’t good opportunities to take advantage of right now. The analysts at banking giant Goldman Sachs have pinpointed two names which have recently outperformed market expectations and which they believe are set to surge ahead even in the face of the unhospitable current environment – by the order of 40% or more.We ran both tickers through the TipRanks database to see what the rest of the Street has in mind for the pair. Let’s take a look at the findings.Pure Storage The first stock on Goldman Sachs' radar is Pure Storage, a provider of various data storage products. The company’s flash-based solutions come both in software and hardware form and are used in data centers. The company began by using third-party solid-state drives (SSDs) for its storage solutions. However, its own proprietary hardware soon replaced those SSDs and the company also brought into the market integrated deduplication, compression, and artificial intelligence software to help businesses conserve space and set up their devices properly.Pure Storage has formed a strong partnership with Meta, having assisted in the development of the initial version of its AI research infrastructure in 2017. Since then, the pair have continued working together and earlier this year the two began a collaboration on Meta's new AI Research SuperCluster (RSC), which Meta claims will be the fastest AI supercomputer in the world.Like most tech stocks, Pure has found 2022 hard going but that hasn’t stopped the company from delivering the goods in its latest quarterly report.In F1Q23, revenue rose by 50.3% year-over-year to reach $620.4 million, handily beating the $521.74 million Wall Street expected. Similarly, on the bottom-line, adj. EPS of $0.25 came in well above the $0.05 consensus estimate. The company delivered on the outlook too, expecting revenue of roughly $635 Million in FQ2 vs. consensus at $604.64 million. For the full year, sales are anticipated to reach $2.66 Billion. Analysts had that figure at $2.59 billion.Along with the company’s exemplary execution, it is the Meta collab which informs Goldman analyst Rod Hall’s bullish thesis.“We see this Meta opportunity as a strong revenue tailwind for Pure looking forward in FY’23. We also see ongoing strong results as an indication that Pure’s products are gaining an increasing following among enterprise and service provider customers,” the analyst opined. “At this point we see Pure’s supply management as superior to most other companies in our coverage in the IT hardware area.”The bullish comments underpin Hall’s Buy rating while his $50 price target makes room for one-year gains of 79%.Overall, PSTG has attracted a total of 10 analyst reviews recently, including 7 Buys and 3 Holds for a Moderate Buy consensus rating from the Street. PSTG shares are priced at $27.90 and have an average price target of $38, giving the stock a 36% upside on the one-year time frame.Lululemon Athletica From tech we will pivot over to an entirely different sector. Everyone knows Lululemon - the athleisure specialist. The company got its beginnings in 1998 as a yoga pants and other yoga clothing retailer, but has since evolved to include athletic wear, lifestyle clothes, personal care products and all manner of accessories. Lululemon now has over 570 stores spread across the globe while it has also built a strong online presence. In apparel, the company has been rated as the world's fourth most valuable brand.Lululemon was one of the Covid era stars as people stayed at home and slipped into more comfortable wear, while the company even managed to overcome the closure of physical stores by shifting sales online. While not immune to the market’s overall downturn, Lululemon appears to have managed well in the face of new challenges, namely the supply chain issues which have impacted so many in recent times. This was evident in the company’s latest earnings report - for F1Q22.Lululemon generated revenue of $1.6 billion, a 32% increase on the same period a year ago, while diluted EPS hit $1.48. Both were above the analysts’ forecast of $1.55 billion and $1.43, respectively. There was more good news for the outlook. For FQ2, Lululemon sees revenue coming in the range between $1.750 billion to $1.775 billion, above consensus of $1.73 billion. And the company also raised its revenue and EPS outlook for the full year.Surveying the print, Goldman Sachs analyst Brooke Roach is thoroughly impressed. She writes, “We come away from the quarter with increased conviction in LULU’s strong brand engine fueled by innovation. While industry cost pressures are weighing on margin flow-through (where airfreight pressures have lowered full year margin outlook modestly), we continue to see this idiosyncratic growth story as well-positioned to navigate a tough backdrop as the company has meaningful pricing power, strong consumer connection, and less exposure to inflating AUCs (average unit cost).”Accordingly, Roach rates the stock a Buy, backed by a $456 price target. Going by this target, shares are expected to climb 48% higher over the one-year timeframe.Looking at the consensus breakdown, the majority of analysts are bullish on LULU's prospects, too; 19 Buys and 7 Holds add up to a Moderate Buy consensus rating. The average price target of $409.69 suggests upside of ~34% in the year ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059707058,"gmtCreate":1654423578374,"gmtModify":1676535445892,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059707058","repostId":"2240309347","repostType":4,"isVote":1,"tweetType":1,"viewCount":1187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059149192,"gmtCreate":1654315644316,"gmtModify":1676535431136,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059149192","repostId":"2240220809","repostType":4,"repost":{"id":"2240220809","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1654305242,"share":"https://ttm.financial/m/news/2240220809?lang=&edition=fundamental","pubTime":"2022-06-04 09:14","market":"us","language":"en","title":"Biden Dismisses Elon Musk \"Super Bad Feeling\" on Economy With Moon Retort","url":"https://stock-news.laohu8.com/highlight/detail?id=2240220809","media":"Dow Jones","summary":"President Joe Biden on Friday sounded dismissive when a reporter asked him about a much-discussed report that billionaire entrepreneur Elon Musk said he had a \"super bad feeling\" about the economy.Bid","content":"<html><head></head><body><p>President Joe Biden on Friday sounded dismissive when a reporter asked him about a much-discussed report that billionaire entrepreneur Elon Musk said he had a "super bad feeling" about the economy.</p><p>Biden responded to the question by saying companies such as Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> and Chrysler's parent (STLA.MI) were making investments in the U.S. economy.</p><p>"So you know, lots of luck on his trip to the moon," the president said, referring to the SpaceX and Tesla boss.</p><p>Musk said in an email to executives at Tesla that he had a "super bad feeling" about the economy, and that employee headcount at the electric-vehicles giant needed to be cut by 10%, according to a Reuters report.</p><p>The Biden administration and Musk have been at odds repeatedly, with the entrepreneur once tweeting that the president "for reasons unknown" is "unable to say the word 'Tesla.'"</p><p>Biden's remarks came after he gave a speech in Rehoboth Beach, Del., about the latest reading on the country's job market.</p><p>In that address, the president characterized the jobs report as encouraging for Americans dealing with high inflation.</p><p>Friday's employment report showed the U.S. added 390,000 new jobs in May, above forecasts for 328,000, signaling the labor market and broader economy are still going strong despite high inflation.</p><p>The increase in employment was the smallest in 13 months, and the unemployment rate was unchanged at 3.6%.</p><p>"We aren't likely to see the kind of blockbuster job reports month after month like we had over this past year, but that's a good thing," Biden said.</p><p>"That's a sign of a healthy economy with steady growth, rising wages for working families, everyday costs easing up, and shrinking the deficit. That stability puts us in a strong position to tackle what is clearly a problem -- inflation. I've been very clear that fight inflation is my top economic priority."</p><p>U.S. stocks lost ground Friday, with the tech sector leading the way south following the news that Tesla may be considering job cuts. The main equity gauges have tumbled this year, with the S&P 500 down about 14%, as investors fret about inflation, the Federal Reserve's interest-rate hikes and the potential for a recession.</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>Biden Dismisses Elon Musk \"Super Bad Feeling\" on Economy With Moon Retort</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\">\nBiden Dismisses Elon Musk \"Super Bad Feeling\" on Economy With Moon Retort\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-04 09:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>President Joe Biden on Friday sounded dismissive when a reporter asked him about a much-discussed report that billionaire entrepreneur Elon Musk said he had a "super bad feeling" about the economy.</p><p>Biden responded to the question by saying companies such as Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> and Chrysler's parent (STLA.MI) were making investments in the U.S. economy.</p><p>"So you know, lots of luck on his trip to the moon," the president said, referring to the SpaceX and Tesla boss.</p><p>Musk said in an email to executives at Tesla that he had a "super bad feeling" about the economy, and that employee headcount at the electric-vehicles giant needed to be cut by 10%, according to a Reuters report.</p><p>The Biden administration and Musk have been at odds repeatedly, with the entrepreneur once tweeting that the president "for reasons unknown" is "unable to say the word 'Tesla.'"</p><p>Biden's remarks came after he gave a speech in Rehoboth Beach, Del., about the latest reading on the country's job market.</p><p>In that address, the president characterized the jobs report as encouraging for Americans dealing with high inflation.</p><p>Friday's employment report showed the U.S. added 390,000 new jobs in May, above forecasts for 328,000, signaling the labor market and broader economy are still going strong despite high inflation.</p><p>The increase in employment was the smallest in 13 months, and the unemployment rate was unchanged at 3.6%.</p><p>"We aren't likely to see the kind of blockbuster job reports month after month like we had over this past year, but that's a good thing," Biden said.</p><p>"That's a sign of a healthy economy with steady growth, rising wages for working families, everyday costs easing up, and shrinking the deficit. That stability puts us in a strong position to tackle what is clearly a problem -- inflation. I've been very clear that fight inflation is my top economic priority."</p><p>U.S. stocks lost ground Friday, with the tech sector leading the way south following the news that Tesla may be considering job cuts. The main equity gauges have tumbled this year, with the S&P 500 down about 14%, as investors fret about inflation, the Federal Reserve's interest-rate hikes and the potential for a recession.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4511":"特斯拉概念","TSLA":"特斯拉","BK4099":"汽车制造商","BK4574":"无人驾驶","BK4550":"红杉资本持仓","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4534":"瑞士信贷持仓","STLA":"Stellantis NV","F":"福特汽车","BK4527":"明星科技股","INTC":"英特尔","BK4581":"高盛持仓","BK4555":"新能源车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240220809","content_text":"President Joe Biden on Friday sounded dismissive when a reporter asked him about a much-discussed report that billionaire entrepreneur Elon Musk said he had a \"super bad feeling\" about the economy.Biden responded to the question by saying companies such as Ford $(F)$, Intel $(INTC)$ and Chrysler's parent (STLA.MI) were making investments in the U.S. economy.\"So you know, lots of luck on his trip to the moon,\" the president said, referring to the SpaceX and Tesla boss.Musk said in an email to executives at Tesla that he had a \"super bad feeling\" about the economy, and that employee headcount at the electric-vehicles giant needed to be cut by 10%, according to a Reuters report.The Biden administration and Musk have been at odds repeatedly, with the entrepreneur once tweeting that the president \"for reasons unknown\" is \"unable to say the word 'Tesla.'\"Biden's remarks came after he gave a speech in Rehoboth Beach, Del., about the latest reading on the country's job market.In that address, the president characterized the jobs report as encouraging for Americans dealing with high inflation.Friday's employment report showed the U.S. added 390,000 new jobs in May, above forecasts for 328,000, signaling the labor market and broader economy are still going strong despite high inflation.The increase in employment was the smallest in 13 months, and the unemployment rate was unchanged at 3.6%.\"We aren't likely to see the kind of blockbuster job reports month after month like we had over this past year, but that's a good thing,\" Biden said.\"That's a sign of a healthy economy with steady growth, rising wages for working families, everyday costs easing up, and shrinking the deficit. That stability puts us in a strong position to tackle what is clearly a problem -- inflation. I've been very clear that fight inflation is my top economic priority.\"U.S. stocks lost ground Friday, with the tech sector leading the way south following the news that Tesla may be considering job cuts. The main equity gauges have tumbled this year, with the S&P 500 down about 14%, as investors fret about inflation, the Federal Reserve's interest-rate hikes and the potential for a recession.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050730407,"gmtCreate":1654237256309,"gmtModify":1676535418566,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050730407","repostId":"2240235700","repostType":4,"isVote":1,"tweetType":1,"viewCount":858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050133378,"gmtCreate":1654142398594,"gmtModify":1676535402352,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050133378","repostId":"2240467746","repostType":4,"repost":{"id":"2240467746","kind":"highlight","pubTimestamp":1654141667,"share":"https://ttm.financial/m/news/2240467746?lang=&edition=fundamental","pubTime":"2022-06-02 11:47","market":"us","language":"en","title":"3 Warren Buffett Stocks to Buy Hand Over Fist in June","url":"https://stock-news.laohu8.com/highlight/detail?id=2240467746","media":"Motley Fool","summary":"Riding the Oracle of Omaha's coattails has been making investors richer for decades.","content":"<html><head></head><body><p>Although there are a lot of successful strategies to make money on Wall Street, riding Warren Buffett's coattails has, arguably, been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most profitable for the past 57 years.</p><p>Since the Oracle of Omaha, as Buffett has come to be known, became CEO of conglomerate <b>Berkshire Hathaway</b> in 1965, he's overseen the creation of close to $695 billion for his company's shareholders, and has led Berkshire's Class A shares (BRK.A) to an annual average return of 20.1%. Over 57 years, an annualized return of 20.1% equates to a total return of more than 3,600,000%!</p><p>In other words, when Warren Buffett buys shares of a publicly traded company, Wall Street and investors rightly take notice.</p><p>With all three of the major U.S. indexes undergoing their steepest pullbacks in two years, a number of stocks in Berkshire Hathaway's investment portfolio are ripe for the picking. What follows are three Warren Buffett stocks investors can confidently buy hand over fist as we steam ahead into June.</p><h2>Johnson & Johnson</h2><p>Though it's one of Berkshire Hathaway's smallest positions, healthcare giant <b>Johnson & Johnson</b> looks like one of the smartest buys investors can make in a volatile and uncertain investing environment.</p><p>One of the best aspects of healthcare stocks is that they're highly defensive. No matter how well or poorly the U.S. economy and stock market perform, people will always get sick and require prescription drugs, medical devices, and healthcare services. This creates a minimum level of demand for J&J's products in any environment.</p><p>What's more, Johnson & Johnson is one of only two publicly traded companies that's been given the highly coveted AAA credit rating from Standard & Poor's (S&P). Bestowing J&J with its highest credit rating -- one notch higher than the AA credit rating given to the U.S. federal government -- implies that S&P has the utmost confidence the company can service and repay its outstanding debt. This means even less chance that Johnson & Johnson's share price will swing wildly if a recession materializes and/or if interest rates soar.</p><p>Johnson & Johnson's operating segments provide another reason to be quite optimistic about its future. For instance, pharmaceuticals provide the bulk of J&J's growth potential and operating margins. However, brand-name drugs have a finite span of sales exclusivity. To counter this, J&J can lean on its medical-device segment, which is perfectly positioned to benefit from an aging boomer population domestically, and improving access to medical care and insurance in overseas markets. Even the company's soon-to-be spun-off consumer health segment has played a key role. Despite growing slowly, consumer health products offer strong pricing power and highly predictable cash flow.</p><p>If you need one more reason to trust J&J, consider this: The company increased its base annual dividend for a 60th consecutive year in April 2022. And if not for the COVID-19 pandemic, J&J's streak of increasing its annual adjusted operating earnings would likely have been nearing 40 years. It's as rock-solid as they come among healthcare stocks.</p><h2>Bank of America</h2><p>A second Warren Buffett stock that's begging to be bought by opportunistic investors in June is money-center behemoth <b>Bank of America</b>.</p><p>The prevailing concern for bank stocks is the growing likelihood that the U.S. will dip into recession. After all, gross domestic product surprisingly retraced in the first quarter. When recessions strike, it's not uncommon for banks to see their loan delinquency rates and charge-offs rise, which results in more money being set aside to cover losses. The end result being that earnings per share declines.</p><p>However, there are two sides to economic cycles. Even though recessions are inevitable, they often last just a couple of months to a few quarters. By comparison, economic expansions are measured in years, and have even gone on for more than a decade. While recessions can be challenging, BofA spends a disproportionately longer amount of time benefiting from loan and deposit growth in an expanding U.S. and global economy. In other words, patience tends to pay off handsomely with big-bank stocks.</p><p>What makes Bank of America a particularly intriguing buy right now is the company's interest rate sensitivity. With the Federal Reserve altering its stance on monetary policy and aiming to rapidly increase interest rates to tame inflation, no large bank is set to benefit more than BofA. According to a recent company presentation, a 100-basis-point parallel shift in the interest rate yield curve is expected to translate into an estimated $5.4 billion in added net interest income over 12 months. Bank of America doesn't have to do any extra work to make more money on its variable-rate outstanding loans.</p><p>The company's digitization initiatives are paying dividends as well. An additional 5 million BofA customers (42 million in total) are actively banking online or via mobile app than were doing so three years ago. Further, 53% of total sales were completed digitally in the first quarter of 2022, which was up 23 percentage points from the comparable quarter in 2019 (i.e., prior to the pandemic). Shifting transactions online or to mobile is allowing BofA to recognize cost-savings by consolidating some of its physical branches.</p><p>Taking into account CEO Brian Moynihan's penchant for returning a lot of capital to his shareholders via buybacks and dividends, and the company's positioning as interest rates rise, Bank of America's sub-10 forward-year price-to-earnings ratio makes it a steal at its current price.</p><h2>Amazon</h2><p>The third and final Warren Buffett stock to buy hand over fist in June is none other than e-commerce kingpin <b>Amazon</b>.</p><p>The echo the concerns stated earlier, Amazon's shares have endured their steepest sell-off in more than a decade on the expectation that the U.S. will enter a recession. Historically high inflation tends to hit lower-income individuals and households the hardest, which will almost certainly impact Amazon's value-based retail model. To boot, inflation is hitting most aspects of Amazon's supply chain and increasing its labor costs. Yet in spite of these headwinds, there are multiple reasons for long-term investors to be excited about scooping up shares of Amazon at a big discount.</p><p>As most folks are probably aware, Amazon is the undisputed leader in online retail sales in the United States. In March, eMarketer estimated that Amazon will control just shy of 40% of all U.S. e-commerce sales in 2022. That's more than eight percentage points higher than competitors No. 2 through 15, <i>combined</i>!</p><p>However, retail sales are only one part of the Amazon story -- and frankly not even the most-important part anymore. What's far more exciting is the growth from cloud infrastructure service segment, Amazon Web Services (AWS). AWS controls close to a third of all global cloud infrastructure spending, with year over year sales growth coming in at 37% in the first quarter. Cloud infrastructure spending is still, arguably, in its early innings, and the operating margins associated with AWS can run circles around the smaller margins derived from online retail revenue.</p><p>To add to this point, all of Amazon's higher-margin segments -- cloud infrastructure, advertising, and subscription services -- have continued to grow at a double-digit pace, even as retail sales have declined. This is a recipe for Amazon's operating cash flow to keep growing, even if online retail sales shrink noticeably in the coming quarters.</p><p>Last decade, Wall Street regularly supported a valuation multiple of 23 to 37 times Amazon's year-end operating cash flow. Based on Wall Street's forecast of $232 in cash flow per share for 2024, Amazon is valued at a historically inexpensive multiple (below 10) to its future cash flow. That makes it a screaming bargain.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Warren Buffett Stocks to Buy Hand Over Fist in June</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Warren Buffett Stocks to Buy Hand Over Fist in June\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-02 11:47 GMT+8 <a href=https://www.fool.com/investing/2022/06/01/3-warren-buffett-stocks-buy-hand-over-fist-in-june/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Although there are a lot of successful strategies to make money on Wall Street, riding Warren Buffett's coattails has, arguably, been one of the most profitable for the past 57 years.Since the Oracle ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/01/3-warren-buffett-stocks-buy-hand-over-fist-in-june/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","JNJ":"强生","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2022/06/01/3-warren-buffett-stocks-buy-hand-over-fist-in-june/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240467746","content_text":"Although there are a lot of successful strategies to make money on Wall Street, riding Warren Buffett's coattails has, arguably, been one of the most profitable for the past 57 years.Since the Oracle of Omaha, as Buffett has come to be known, became CEO of conglomerate Berkshire Hathaway in 1965, he's overseen the creation of close to $695 billion for his company's shareholders, and has led Berkshire's Class A shares (BRK.A) to an annual average return of 20.1%. Over 57 years, an annualized return of 20.1% equates to a total return of more than 3,600,000%!In other words, when Warren Buffett buys shares of a publicly traded company, Wall Street and investors rightly take notice.With all three of the major U.S. indexes undergoing their steepest pullbacks in two years, a number of stocks in Berkshire Hathaway's investment portfolio are ripe for the picking. What follows are three Warren Buffett stocks investors can confidently buy hand over fist as we steam ahead into June.Johnson & JohnsonThough it's one of Berkshire Hathaway's smallest positions, healthcare giant Johnson & Johnson looks like one of the smartest buys investors can make in a volatile and uncertain investing environment.One of the best aspects of healthcare stocks is that they're highly defensive. No matter how well or poorly the U.S. economy and stock market perform, people will always get sick and require prescription drugs, medical devices, and healthcare services. This creates a minimum level of demand for J&J's products in any environment.What's more, Johnson & Johnson is one of only two publicly traded companies that's been given the highly coveted AAA credit rating from Standard & Poor's (S&P). Bestowing J&J with its highest credit rating -- one notch higher than the AA credit rating given to the U.S. federal government -- implies that S&P has the utmost confidence the company can service and repay its outstanding debt. This means even less chance that Johnson & Johnson's share price will swing wildly if a recession materializes and/or if interest rates soar.Johnson & Johnson's operating segments provide another reason to be quite optimistic about its future. For instance, pharmaceuticals provide the bulk of J&J's growth potential and operating margins. However, brand-name drugs have a finite span of sales exclusivity. To counter this, J&J can lean on its medical-device segment, which is perfectly positioned to benefit from an aging boomer population domestically, and improving access to medical care and insurance in overseas markets. Even the company's soon-to-be spun-off consumer health segment has played a key role. Despite growing slowly, consumer health products offer strong pricing power and highly predictable cash flow.If you need one more reason to trust J&J, consider this: The company increased its base annual dividend for a 60th consecutive year in April 2022. And if not for the COVID-19 pandemic, J&J's streak of increasing its annual adjusted operating earnings would likely have been nearing 40 years. It's as rock-solid as they come among healthcare stocks.Bank of AmericaA second Warren Buffett stock that's begging to be bought by opportunistic investors in June is money-center behemoth Bank of America.The prevailing concern for bank stocks is the growing likelihood that the U.S. will dip into recession. After all, gross domestic product surprisingly retraced in the first quarter. When recessions strike, it's not uncommon for banks to see their loan delinquency rates and charge-offs rise, which results in more money being set aside to cover losses. The end result being that earnings per share declines.However, there are two sides to economic cycles. Even though recessions are inevitable, they often last just a couple of months to a few quarters. By comparison, economic expansions are measured in years, and have even gone on for more than a decade. While recessions can be challenging, BofA spends a disproportionately longer amount of time benefiting from loan and deposit growth in an expanding U.S. and global economy. In other words, patience tends to pay off handsomely with big-bank stocks.What makes Bank of America a particularly intriguing buy right now is the company's interest rate sensitivity. With the Federal Reserve altering its stance on monetary policy and aiming to rapidly increase interest rates to tame inflation, no large bank is set to benefit more than BofA. According to a recent company presentation, a 100-basis-point parallel shift in the interest rate yield curve is expected to translate into an estimated $5.4 billion in added net interest income over 12 months. Bank of America doesn't have to do any extra work to make more money on its variable-rate outstanding loans.The company's digitization initiatives are paying dividends as well. An additional 5 million BofA customers (42 million in total) are actively banking online or via mobile app than were doing so three years ago. Further, 53% of total sales were completed digitally in the first quarter of 2022, which was up 23 percentage points from the comparable quarter in 2019 (i.e., prior to the pandemic). Shifting transactions online or to mobile is allowing BofA to recognize cost-savings by consolidating some of its physical branches.Taking into account CEO Brian Moynihan's penchant for returning a lot of capital to his shareholders via buybacks and dividends, and the company's positioning as interest rates rise, Bank of America's sub-10 forward-year price-to-earnings ratio makes it a steal at its current price.AmazonThe third and final Warren Buffett stock to buy hand over fist in June is none other than e-commerce kingpin Amazon.The echo the concerns stated earlier, Amazon's shares have endured their steepest sell-off in more than a decade on the expectation that the U.S. will enter a recession. Historically high inflation tends to hit lower-income individuals and households the hardest, which will almost certainly impact Amazon's value-based retail model. To boot, inflation is hitting most aspects of Amazon's supply chain and increasing its labor costs. Yet in spite of these headwinds, there are multiple reasons for long-term investors to be excited about scooping up shares of Amazon at a big discount.As most folks are probably aware, Amazon is the undisputed leader in online retail sales in the United States. In March, eMarketer estimated that Amazon will control just shy of 40% of all U.S. e-commerce sales in 2022. That's more than eight percentage points higher than competitors No. 2 through 15, combined!However, retail sales are only one part of the Amazon story -- and frankly not even the most-important part anymore. What's far more exciting is the growth from cloud infrastructure service segment, Amazon Web Services (AWS). AWS controls close to a third of all global cloud infrastructure spending, with year over year sales growth coming in at 37% in the first quarter. Cloud infrastructure spending is still, arguably, in its early innings, and the operating margins associated with AWS can run circles around the smaller margins derived from online retail revenue.To add to this point, all of Amazon's higher-margin segments -- cloud infrastructure, advertising, and subscription services -- have continued to grow at a double-digit pace, even as retail sales have declined. This is a recipe for Amazon's operating cash flow to keep growing, even if online retail sales shrink noticeably in the coming quarters.Last decade, Wall Street regularly supported a valuation multiple of 23 to 37 times Amazon's year-end operating cash flow. Based on Wall Street's forecast of $232 in cash flow per share for 2024, Amazon is valued at a historically inexpensive multiple (below 10) to its future cash flow. That makes it a screaming bargain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050097325,"gmtCreate":1654097637967,"gmtModify":1676535393782,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050097325","repostId":"1126800713","repostType":4,"repost":{"id":"1126800713","kind":"news","pubTimestamp":1654096469,"share":"https://ttm.financial/m/news/1126800713?lang=&edition=fundamental","pubTime":"2022-06-01 23:14","market":"us","language":"en","title":"7 Stocks to Buy and Hold Forever in This Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1126800713","media":"investorplace","summary":"Some stocks are great in good times and in bad. Below is a list of some of those stellar stocks you ","content":"<html><head></head><body><ul><li>Some stocks are great in good times and in bad. Below is a list of some of those stellar stocks you can buy and hold forever.</li><li><b>Broadcom</b>(<b><u>AVGO</u></b>): Backlog and strong demand are positive catalysts.</li><li><b>Chubb</b>(<b><u>CB</u></b>): Rate adjustments as interest rates rise will sustain profits.</li><li><b>Cisco Systems</b>(<b><u>CSCO</u></b>): Strong demand and a growing backlog will increase revenue.</li><li><b>Conagra Brands</b>(<b><u>CAG</u></b>): Strong branding will sustain profit margins.</li><li><b>Merck & Co</b>(<b><u>MRK</u></b>): Antiviral pill is a potential blockbuster.</li><li><b>Prudential Financial</b>(<b><u>PRU</u></b>): Higher interest rates increase Prudential’s return on equity.</li><li><b>Qualcomm</b>(<b><u>QCOM</u></b>): Product refresh will enhance growth in the next several quarters.</li></ul><p><img src=\"https://static.tigerbbs.com/2ff63d068d155e36ea62957ca8cd483c\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/></p><p>Source: whiteMocca / Shutterstock.com</p><p>Bearish stock market conditions are creating extreme fear for investors. Many investors who are low on cash and highly exposed to stocks feel demoralized by the falling prices. To regain control, investors need to differentiate between companies that will recover in the long term and those that will not. The stocks to buy and hold are those where the company is financially sound. In addition, financially sound businesses will have manageable debt.</p><p>They are also typically companies that did not list on public markets within the last two years. Those more newly public companies likely sold their stock at unsustainable valuations.</p><p><img src=\"https://static.tigerbbs.com/99a3b579c61154436e21945ab2693c2b\" tg-width=\"288\" tg-height=\"186\" referrerpolicy=\"no-referrer\"/>Source: StockRover</p><p>In the table at right, you can see the strong quality scores from many of my picks for this gallery.Stock Rover definesvalue using metrics like price-to-earnings and price-to-sales.</p><p>Investors should avoid companies that sold stock to pay bills or that reward management with excess stock-based compensation. In contrast, the stocks to buy and hold are companies that have steady or improving fundamentals. Markets will reward them by sending their price higher.</p><p>Long-term investors in a bear market cannot time a stock’s recovery, which is why finding solid stocks to buy and hold is so important. But to reduce risks, investors should begin with a starter position in a stock. Increase the position every quarter if the company posts good results. Companies that posted unexpectedly weak results are not automatically stocks to avoid though. You can give them another quarter to prove themselves.</p><table><tbody><tr><td><b><u>AVGO</u></b></td><td>Broadcom</td><td>$580.13</td></tr><tr><td><b><u>CB</u></b></td><td>Chubb</td><td>$211.29</td></tr><tr><td><b><u>CSCO</u></b></td><td>Cisco Systems</td><td>$45.05</td></tr><tr><td><b><u>CAG</u></b></td><td>Conagra Brands</td><td>$32.89</td></tr><tr><td><b><u>MRK</u></b></td><td>Merck</td><td>$92.03</td></tr><tr><td><b><u>PRU</u></b></td><td>Prudential</td><td>$106.68</td></tr><tr><td><b><u>QCOM</u></b></td><td>Qualcomm</td><td>$143.22</td></tr></tbody></table><h2>Broadcom (AVGO)<img src=\"https://static.tigerbbs.com/dcf1a9fd20cb6f6de8681c3897b31ace\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></h2><p><b>Broadcom</b>(NASDAQ:<b><u>AVGO</u></b>) is resilient to a recession. The technology firm reports strong server storage connectivitydemand of $801 millionin the first quarter. Growth hit 32% year-over-year.</p><p>Broadcom will benefit from surplus enterprise IT spending. For example, if corporations need to compute services, they may buy the company’s SAN or MegaRAID storage connectivity solutions.</p><p>Video content in social media is another positive catalyst for Broadcom. Cloud customers are adopting its nearline hard disk drives to store data. Sales for storage hardware grew by over 20% compounded annually in the last five years. Strong demand for networking in server storage is increasing average selling prices, as Broadcom is passing along higher material costs related to wafer and substrate production. In 2023 and 2024, the company expects the strong demand to continue.</p><p>Some companies may be unable to pass higher costs to customers, but Broadcom and and will raise prices if needed, which is great for investors. Strong profit margins will also support AVGO stock from here.</p><h2>Chubb (CB)<img src=\"https://static.tigerbbs.com/4377500327d3f10dc634c3f2c079946b\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></h2><p><b>Chubb</b>(NYSE:<b><u>CB</u></b>), an insurance and reinsurance company, posted net premium earnings of $8.75 billion inthe last quarter, up by 6.4% Y/Y. It earned $3.82 a share (non-GAAP). When interest rates rise, Chubb’s return on equity also increases.</p><p>Chubb has the flexibility to adjust its rates as competitive pressures change. For example, it adjusted its rates depending on the underwriting conditions. In addition, it reviews the adequacy of its rate and the exposure to inflation. Different sectors require different responses.</p><p>Chubb has a geographically diversified business. In Asia, it expects plenty of growth to take place in the next two decades. The company is increasing its presence to capitalize onopportunities in the region. It also has growing exposure to Latin America, though Chubb is cautious in expanding in the region due to its volatility.</p><p>The company’s loss ratio improved in the commercial segment, which is a positive development, and it benefited from a resilient portfolio. With a strong balance sheet, Chubb is in financially strong shape to consider merger and acquisition opportunities.</p><h2>Cisco Systems (CSCO)<img src=\"https://static.tigerbbs.com/45c7417c27e3491b0dcd1b8077e5dec4\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></h2><p><b>CiscoSystems</b>(NASDAQ:<b><u>CSCO</u></b>) shares fell after the company posted weak quarterly results. It lost around 2% of orders from de-bookingorders from Russia. Conversely, its enterprise business grew by 37%. When it realizes revenue from its large customers, Cisco might post better results in future quarters.</p><p>Chairman and CEO Chuck Robbins said in the earnings call that Cisco has no demand issues. It lowered its outlook because of a $200 million impact from Russia. In addition, the lockdown in Shanghai, China disrupted its supply chain. When supply returns, Cisco will receive the needed components to finish its products and complete the sales.</p><p>In the last quarter, Cisco had strong pricing to offset lower sales. CFO Scott Herren said, “our pricing was up about 160 basis points in Q3.” In other words, customers are willing to pay more for Cisco’s products.</p><p>Looking ahead, the component supply constraints will ease. The company may have excluded some of the sales rebound in its guidance. It also ended the quarter with over $15 billion in the product backlog. $2 billion of the backlog is in software, a higher-margin product.</p><p>Cisco will likely post better revenue and margins in the upcoming quarter as those headwinds fade.</p><h2>Conagra Brands (CAG)<img src=\"https://static.tigerbbs.com/d1fe4a7b19dea3c629c363f90fd5dea2\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></h2><p><b>Conagra Brands</b>(NYSE:<b><u>CAG</u></b>) disappointed investors when it cut its profit guidance, citing inflation pressures. It posted revenue growthof 5.1% Y/Y to $2.91 billion. In the fourth quarter, it expects net sales to grow by 7% and earn 64 cents a share.</p><p>In the fiscal 2022 year, Conagra expects an operating margin of around 14.5%. It previously guided 15.5%, but the slight decline should not be big enough to worry investors. Importantly, the company hedged 80% of itsmaterials for the fourth quarterand 40% overall for fiscal 2023, reducing volatility.</p><p>Investors may wait for inflationary pressures to ease. Conagra may pass some of the higher costs to customers, and will rely on its strong brand to sustain demand strength.</p><p>For example, three of its largest brands — Healthy Choice, Birds Eye and Slim Jim — increased market share and posted double-digit growth in the past quarter, despite price increases.</p><h2>Merck & Co (MRK)<img src=\"https://static.tigerbbs.com/164647591ef46114dc58b696de8812f8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></h2><p>In the drug manufacturing sector,<b>Merck</b>(NYSE:<b><u>MRK</u></b>) has business plan that involves seeking buyout candidates. It is looking for solid biotech companies that have a potentially strong pipeline.</p><p>And it’s not just about medicine for people. In the animal health business, Merck is also fostering its long-term value. It will grow the business beforeconsidering a spinoff.</p><p>Merck’s blockbuster drug Keytruda hasmultiple indicators. It continues to expect growth for the drug in treating renal cell carcinoma. Initially, Merck expected 50% of its growth to come from adjuvant therapy. That is 30% of the U.S. business. It now expects this will represent one-quarter of its global businessin the year 2025.</p><p>Merck’s Covid antiviral pill, molnupiravir, will also become a first-line defense in treating infected patients. Merck reported utilization by 500,000 patients around the world and had shipped 6.4 million courses at the end of the last quarter. As Covid reaches an endemic phase, the healthcare industry will rely on this pill to treat more patients.</p><h2>Prudential Financial (PRU)<img src=\"https://static.tigerbbs.com/2861175b7e532d47f53e7df4e74560c5\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></h2><p><b>Prudential</b>(NYSE:<b><u>PRU</u></b>) earned $3.17 per common sharein the last quarterwhich was down from $3.99 last year but still strong. Its investors withdrew $4.3 billion in the quarter due to a challenging quarter for fixed-income mutual fund demand. On the other hand, Prudential saw $300 million more in inflows into real estate and public fixed income.</p><p>Looking at a wider timeframe, Prudential added $55 billion in inflows between 2017 and 2021. The outlook is normal when the stock markets are weakening.</p><p>To get ahead of the tightening credit market, it issued$1 billion in hybrid debtbefore interest rates started rising. The added liquidity will give Prudential more room to manage its cash flow. For example, it made a capital contribution to its new reinsurance subsidiary. The extra capital will give the unit higher capital efficiency under tougher market conditions.</p><p>Prudential has a strong balance sheet and could also pursue M&A if the opportunity arises.</p><h2>Qualcomm (QCOM)<img src=\"https://static.tigerbbs.com/87e9b26653a511e26e3264b68202c1ac\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></h2><p><b>Qualcomm</b>(NASDAQ:<b><u>QCOM</u></b>) is the leader in smartphone chips. It recently announced the release of theSnapdragon 8 Gen 1 mobile platform. The platform will support high-speed 5G on devices with 10 Gbps speeds. The system also offers what it calls “all-day power.” When you add in Wi-Fi 6 and 6E support, its newest chip will refresh its product portfolio and lead to higher sales.</p><p>In the last quarter, Qualcomm posted revenue growingby 41.1% to $11.2 billion, and it earned $3.21 a share on a non-GAAP measure. In the third quarter, it expects revenue of up to $11.3 billion and non-GAAP EPS in the range of $2.75 to $2.95.</p><p>Markets are both fickle and forgetful. Qualcomm posted its guidance at the end of April, tet markets dumped the stock alongside other high-flying technology stocks. Should market sentiment turn positive, investors will snap this bargain stock in droves.</p><p>Late last year, Qualcomm announced a $10 billionstock buyback. QCOM stock declines should benefit the company as it buys the stock at discount prices.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Stocks to Buy and Hold Forever in This Bear Market</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\">\n7 Stocks to Buy and Hold Forever in This Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-01 23:14 GMT+8 <a href=https://investorplace.com/2022/06/7-stocks-to-buy-and-hold-forever-in-this-bear-market/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Some stocks are great in good times and in bad. Below is a list of some of those stellar stocks you can buy and hold forever.Broadcom(AVGO): Backlog and strong demand are positive catalysts.Chubb(CB):...</p>\n\n<a href=\"https://investorplace.com/2022/06/7-stocks-to-buy-and-hold-forever-in-this-bear-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科","CAG":"康尼格拉","QCOM":"高通","AVGO":"博通","MRK":"默沙东","CB":"安达保险","PRU":"保德信金融"},"source_url":"https://investorplace.com/2022/06/7-stocks-to-buy-and-hold-forever-in-this-bear-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126800713","content_text":"Some stocks are great in good times and in bad. Below is a list of some of those stellar stocks you can buy and hold forever.Broadcom(AVGO): Backlog and strong demand are positive catalysts.Chubb(CB): Rate adjustments as interest rates rise will sustain profits.Cisco Systems(CSCO): Strong demand and a growing backlog will increase revenue.Conagra Brands(CAG): Strong branding will sustain profit margins.Merck & Co(MRK): Antiviral pill is a potential blockbuster.Prudential Financial(PRU): Higher interest rates increase Prudential’s return on equity.Qualcomm(QCOM): Product refresh will enhance growth in the next several quarters.Source: whiteMocca / Shutterstock.comBearish stock market conditions are creating extreme fear for investors. Many investors who are low on cash and highly exposed to stocks feel demoralized by the falling prices. To regain control, investors need to differentiate between companies that will recover in the long term and those that will not. The stocks to buy and hold are those where the company is financially sound. In addition, financially sound businesses will have manageable debt.They are also typically companies that did not list on public markets within the last two years. Those more newly public companies likely sold their stock at unsustainable valuations.Source: StockRoverIn the table at right, you can see the strong quality scores from many of my picks for this gallery.Stock Rover definesvalue using metrics like price-to-earnings and price-to-sales.Investors should avoid companies that sold stock to pay bills or that reward management with excess stock-based compensation. In contrast, the stocks to buy and hold are companies that have steady or improving fundamentals. Markets will reward them by sending their price higher.Long-term investors in a bear market cannot time a stock’s recovery, which is why finding solid stocks to buy and hold is so important. But to reduce risks, investors should begin with a starter position in a stock. Increase the position every quarter if the company posts good results. Companies that posted unexpectedly weak results are not automatically stocks to avoid though. You can give them another quarter to prove themselves.AVGOBroadcom$580.13CBChubb$211.29CSCOCisco Systems$45.05CAGConagra Brands$32.89MRKMerck$92.03PRUPrudential$106.68QCOMQualcomm$143.22Broadcom (AVGO)Broadcom(NASDAQ:AVGO) is resilient to a recession. The technology firm reports strong server storage connectivitydemand of $801 millionin the first quarter. Growth hit 32% year-over-year.Broadcom will benefit from surplus enterprise IT spending. For example, if corporations need to compute services, they may buy the company’s SAN or MegaRAID storage connectivity solutions.Video content in social media is another positive catalyst for Broadcom. Cloud customers are adopting its nearline hard disk drives to store data. Sales for storage hardware grew by over 20% compounded annually in the last five years. Strong demand for networking in server storage is increasing average selling prices, as Broadcom is passing along higher material costs related to wafer and substrate production. In 2023 and 2024, the company expects the strong demand to continue.Some companies may be unable to pass higher costs to customers, but Broadcom and and will raise prices if needed, which is great for investors. Strong profit margins will also support AVGO stock from here.Chubb (CB)Chubb(NYSE:CB), an insurance and reinsurance company, posted net premium earnings of $8.75 billion inthe last quarter, up by 6.4% Y/Y. It earned $3.82 a share (non-GAAP). When interest rates rise, Chubb’s return on equity also increases.Chubb has the flexibility to adjust its rates as competitive pressures change. For example, it adjusted its rates depending on the underwriting conditions. In addition, it reviews the adequacy of its rate and the exposure to inflation. Different sectors require different responses.Chubb has a geographically diversified business. In Asia, it expects plenty of growth to take place in the next two decades. The company is increasing its presence to capitalize onopportunities in the region. It also has growing exposure to Latin America, though Chubb is cautious in expanding in the region due to its volatility.The company’s loss ratio improved in the commercial segment, which is a positive development, and it benefited from a resilient portfolio. With a strong balance sheet, Chubb is in financially strong shape to consider merger and acquisition opportunities.Cisco Systems (CSCO)CiscoSystems(NASDAQ:CSCO) shares fell after the company posted weak quarterly results. It lost around 2% of orders from de-bookingorders from Russia. Conversely, its enterprise business grew by 37%. When it realizes revenue from its large customers, Cisco might post better results in future quarters.Chairman and CEO Chuck Robbins said in the earnings call that Cisco has no demand issues. It lowered its outlook because of a $200 million impact from Russia. In addition, the lockdown in Shanghai, China disrupted its supply chain. When supply returns, Cisco will receive the needed components to finish its products and complete the sales.In the last quarter, Cisco had strong pricing to offset lower sales. CFO Scott Herren said, “our pricing was up about 160 basis points in Q3.” In other words, customers are willing to pay more for Cisco’s products.Looking ahead, the component supply constraints will ease. The company may have excluded some of the sales rebound in its guidance. It also ended the quarter with over $15 billion in the product backlog. $2 billion of the backlog is in software, a higher-margin product.Cisco will likely post better revenue and margins in the upcoming quarter as those headwinds fade.Conagra Brands (CAG)Conagra Brands(NYSE:CAG) disappointed investors when it cut its profit guidance, citing inflation pressures. It posted revenue growthof 5.1% Y/Y to $2.91 billion. In the fourth quarter, it expects net sales to grow by 7% and earn 64 cents a share.In the fiscal 2022 year, Conagra expects an operating margin of around 14.5%. It previously guided 15.5%, but the slight decline should not be big enough to worry investors. Importantly, the company hedged 80% of itsmaterials for the fourth quarterand 40% overall for fiscal 2023, reducing volatility.Investors may wait for inflationary pressures to ease. Conagra may pass some of the higher costs to customers, and will rely on its strong brand to sustain demand strength.For example, three of its largest brands — Healthy Choice, Birds Eye and Slim Jim — increased market share and posted double-digit growth in the past quarter, despite price increases.Merck & Co (MRK)In the drug manufacturing sector,Merck(NYSE:MRK) has business plan that involves seeking buyout candidates. It is looking for solid biotech companies that have a potentially strong pipeline.And it’s not just about medicine for people. In the animal health business, Merck is also fostering its long-term value. It will grow the business beforeconsidering a spinoff.Merck’s blockbuster drug Keytruda hasmultiple indicators. It continues to expect growth for the drug in treating renal cell carcinoma. Initially, Merck expected 50% of its growth to come from adjuvant therapy. That is 30% of the U.S. business. It now expects this will represent one-quarter of its global businessin the year 2025.Merck’s Covid antiviral pill, molnupiravir, will also become a first-line defense in treating infected patients. Merck reported utilization by 500,000 patients around the world and had shipped 6.4 million courses at the end of the last quarter. As Covid reaches an endemic phase, the healthcare industry will rely on this pill to treat more patients.Prudential Financial (PRU)Prudential(NYSE:PRU) earned $3.17 per common sharein the last quarterwhich was down from $3.99 last year but still strong. Its investors withdrew $4.3 billion in the quarter due to a challenging quarter for fixed-income mutual fund demand. On the other hand, Prudential saw $300 million more in inflows into real estate and public fixed income.Looking at a wider timeframe, Prudential added $55 billion in inflows between 2017 and 2021. The outlook is normal when the stock markets are weakening.To get ahead of the tightening credit market, it issued$1 billion in hybrid debtbefore interest rates started rising. The added liquidity will give Prudential more room to manage its cash flow. For example, it made a capital contribution to its new reinsurance subsidiary. The extra capital will give the unit higher capital efficiency under tougher market conditions.Prudential has a strong balance sheet and could also pursue M&A if the opportunity arises.Qualcomm (QCOM)Qualcomm(NASDAQ:QCOM) is the leader in smartphone chips. It recently announced the release of theSnapdragon 8 Gen 1 mobile platform. The platform will support high-speed 5G on devices with 10 Gbps speeds. The system also offers what it calls “all-day power.” When you add in Wi-Fi 6 and 6E support, its newest chip will refresh its product portfolio and lead to higher sales.In the last quarter, Qualcomm posted revenue growingby 41.1% to $11.2 billion, and it earned $3.21 a share on a non-GAAP measure. In the third quarter, it expects revenue of up to $11.3 billion and non-GAAP EPS in the range of $2.75 to $2.95.Markets are both fickle and forgetful. Qualcomm posted its guidance at the end of April, tet markets dumped the stock alongside other high-flying technology stocks. Should market sentiment turn positive, investors will snap this bargain stock in droves.Late last year, Qualcomm announced a $10 billionstock buyback. QCOM stock declines should benefit the company as it buys the stock at discount prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027367446,"gmtCreate":1653973842285,"gmtModify":1676535372453,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027367446","repostId":"2239131098","repostType":4,"repost":{"id":"2239131098","kind":"highlight","pubTimestamp":1653969008,"share":"https://ttm.financial/m/news/2239131098?lang=&edition=fundamental","pubTime":"2022-05-31 11:50","market":"us","language":"en","title":"2 Best Buffett Investments to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2239131098","media":"Motley Fool","summary":"If you have a long-term investment approach, these ETFs are primed for big gains following a bear market.","content":"<html><head></head><body><p>Since 1945 there have been 14 bear markets -- the last three averaging five months in length each -- resulting in stocks losing, on average, 36% in value during each bear market. The bad news is we entered bear market territory on May 20.</p><p>The good news is, if the last 100 years are any indication, the S&P 500 Index should rebound. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> ways to invest in that rebound are through the<b> SPDR S&P 500 <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> Trust</b> and <b>Vanguard S&P 500 ETF</b>, both of which track the index of large U.S. companies that make up the S&P 500. Buffett's belief in the S&P 500 is so strong that it led him to instruct his estate to put 90% of his money into the index for his wife when he dies.</p><h2>The S&P 500 has time on its side</h2><p>Even better news for investors is that bull markets take place 78% of the time, compared to 20% for bears, with bulls averaging a 114% increase in stock values. Dating back to the 2001 dot-com bubble burst, the S&P 500 has averaged annualized returns of 6.8%, with 14 up years compared to eight down years. In looking at the two biggest annual losses over that time -- 23% in 2002 and 38% in 2008 -- the following year produced a 23% gain both times.</p><p>Numbers can be confusing, but the important takeaway is that the S&P 500 has produced gains for long-term investors, and its broad focus on a full index provides diversification across sectors. That diversification helps minimize the risk that might come with investing in <a href=\"https://laohu8.com/S/AONE.U\">one</a> industry.</p><h2>A fund comparison</h2><p>Although both ETFs focus on tracking the same index, there are a few minor differences. The share prices are different, although the rise of fractional share purchasing makes that largely moot. The Vanguard ETF's expense ratio is lower at 0.03%, but the SPDR ETF's 0.09% expense ratio is still quite low.</p><p>When all is said and done, both funds basically mirror the S&P 500, meaning an investment in each of these ETFs would've returned positive gains in 14 of the last 22 years. In fact, the average annualized return over the past 10 years for each ETF is 13.6%, meaning $10,000 invested 10 years ago would be worth about $35,800 today.</p><p>If the current bear market, which has already taken some stocks down 36% or more, lasts into October, it's realistic that a 23% gain will begin soon thereafter, and during the next bull market, we could be looking at a 114% gain. Both of these top S&P 500 Index ETFs can help investors realize that level of gain.</p><p>Of course, there is always the risk that a longer-term bear market could turn into a multi-year recession, and that's the risk every investor takes to begin with. But even though smart investors separate gambling from investing, the odds that these two ETFs will produce meaningful long-term gains are in an investor's favor and make for great Buffett-supported investments for the long haul.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Best Buffett Investments to Buy for the Long Haul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Best Buffett Investments to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 11:50 GMT+8 <a href=https://www.fool.com/investing/2022/05/30/2-best-buffett-stocks-to-buy-for-the-long-haul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since 1945 there have been 14 bear markets -- the last three averaging five months in length each -- resulting in stocks losing, on average, 36% in value during each bear market. The bad news is we ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/30/2-best-buffett-stocks-to-buy-for-the-long-haul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","VOO":"Vanguard标普500ETF"},"source_url":"https://www.fool.com/investing/2022/05/30/2-best-buffett-stocks-to-buy-for-the-long-haul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2239131098","content_text":"Since 1945 there have been 14 bear markets -- the last three averaging five months in length each -- resulting in stocks losing, on average, 36% in value during each bear market. The bad news is we entered bear market territory on May 20.The good news is, if the last 100 years are any indication, the S&P 500 Index should rebound. Two ways to invest in that rebound are through the SPDR S&P 500 Pacer Swan SOS Fund of Funds ETF|ETF Trust and Vanguard S&P 500 ETF, both of which track the index of large U.S. companies that make up the S&P 500. Buffett's belief in the S&P 500 is so strong that it led him to instruct his estate to put 90% of his money into the index for his wife when he dies.The S&P 500 has time on its sideEven better news for investors is that bull markets take place 78% of the time, compared to 20% for bears, with bulls averaging a 114% increase in stock values. Dating back to the 2001 dot-com bubble burst, the S&P 500 has averaged annualized returns of 6.8%, with 14 up years compared to eight down years. In looking at the two biggest annual losses over that time -- 23% in 2002 and 38% in 2008 -- the following year produced a 23% gain both times.Numbers can be confusing, but the important takeaway is that the S&P 500 has produced gains for long-term investors, and its broad focus on a full index provides diversification across sectors. That diversification helps minimize the risk that might come with investing in one industry.A fund comparisonAlthough both ETFs focus on tracking the same index, there are a few minor differences. The share prices are different, although the rise of fractional share purchasing makes that largely moot. The Vanguard ETF's expense ratio is lower at 0.03%, but the SPDR ETF's 0.09% expense ratio is still quite low.When all is said and done, both funds basically mirror the S&P 500, meaning an investment in each of these ETFs would've returned positive gains in 14 of the last 22 years. In fact, the average annualized return over the past 10 years for each ETF is 13.6%, meaning $10,000 invested 10 years ago would be worth about $35,800 today.If the current bear market, which has already taken some stocks down 36% or more, lasts into October, it's realistic that a 23% gain will begin soon thereafter, and during the next bull market, we could be looking at a 114% gain. Both of these top S&P 500 Index ETFs can help investors realize that level of gain.Of course, there is always the risk that a longer-term bear market could turn into a multi-year recession, and that's the risk every investor takes to begin with. But even though smart investors separate gambling from investing, the odds that these two ETFs will produce meaningful long-term gains are in an investor's favor and make for great Buffett-supported investments for the long haul.","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9024428776,"gmtCreate":1653911839295,"gmtModify":1676535361345,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024428776","repostId":"2238375019","repostType":4,"isVote":1,"tweetType":1,"viewCount":738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9024150044,"gmtCreate":1653827941188,"gmtModify":1676535347538,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024150044","repostId":"2238585689","repostType":4,"repost":{"id":"2238585689","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1653785130,"share":"https://ttm.financial/m/news/2238585689?lang=&edition=fundamental","pubTime":"2022-05-29 08:45","market":"us","language":"en","title":"$250 Billion in \"Rebalancing\" Inflows Could Rescue Stocks By the End of June, JPMorgan Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2238585689","media":"Dow Jones","summary":"While stock-market strategists at Bank of America and Morgan Stanley grow increasingly bearish, JPMo","content":"<html><head></head><body><p>While stock-market strategists at Bank of America and Morgan Stanley grow increasingly bearish, JPMorgan's equity-research department has churned up yet another bullish note for the bank's clients, advising them about the potential for massive month- and quarter-end rebalancing flows that could trigger a sustained rebound in stocks, putting even more distance between the U.S. benchmarks and the bear-market territory with which the S&P 500 index was flirting late last week.</p><p>The team of JPMorgan equity quants, led by Nikolaos Panigirtzoglou, told the bank's clients that potentially more than $250 billion could flow into stocks by the end of June as American mutual funds and pension funds, along with foreign pensions and sovereign-wealth funds, "rebalance" by buying stocks and selling bonds to compensate for the latest drop in stocks.</p><p>In their latest report on equity flows and liquidity, the team said it expects between $34 billion and $56 billion of buying by "balanced" mutual funds (that is, funds that aim to maintain a 60/40 weighting of stocks to bonds in accordance with the principles of Modern Portfolio Theory).</p><p>But even larger than the mutual-fund universe is the world of defined-benefit pension funds, which Panigirtzoglou and his team believe could dump as much as $167 billion into U.S. stocks by the end of June.</p><p>These funds have an aggregate $7.5 trillion in assets under management, according to JPMorgan, and although pension funds tend to rebalance more slowly than mutual funds, the JPMorgan team suspects that they might be behind the eight-ball on rebalancing for April, leaving more room for buying as we head into the summer months.</p><p>Finally, the JPMorgan analysts expect an additional $40 billion of inflows from major foreign buyers like the Norges Bank (which controls Norway's massive sovereign-wealth fund), the Swiss National Bank (which maintains a large portfolio of U.S. equities) and Japanese pension funds.</p><p>All told, that's potentially more than $250 billion in inflows that could bolster Wall Street stocks. Since algorithmic traders like Commodity Trading Advisors often trade based on momentum, the initial move higher in equities caused by these inflows could potentially trigger a virtuous feedback loop that could see stocks erase more than half of their year-to-date losses -- at least, according to JPMorgan.</p><p>To be sure, the JPMorgan team had expected a significant bump in equity prices due to rebalancing back in March, a call that didn't quite come to pass, although global equities did stage a brief rally, registering a modest gain for the month, their only monthly gain so far this year.</p><p>JPMorgan's strategists, particularly Panigirtzoglou and his colleague Marko Kolanovic, have been some of the most stridently bullish voices on Wall Street so far this year. But as noted above, other Wall Street strategists are much more bearish: for example, Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, said in a note to clients published Monday that downward earnings revisions could cause stocks to shed another 5% to 10% of their value.</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>$250 Billion in \"Rebalancing\" Inflows Could Rescue Stocks By the End of June, JPMorgan Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n$250 Billion in \"Rebalancing\" Inflows Could Rescue Stocks By the End of June, JPMorgan Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-29 08:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>While stock-market strategists at Bank of America and Morgan Stanley grow increasingly bearish, JPMorgan's equity-research department has churned up yet another bullish note for the bank's clients, advising them about the potential for massive month- and quarter-end rebalancing flows that could trigger a sustained rebound in stocks, putting even more distance between the U.S. benchmarks and the bear-market territory with which the S&P 500 index was flirting late last week.</p><p>The team of JPMorgan equity quants, led by Nikolaos Panigirtzoglou, told the bank's clients that potentially more than $250 billion could flow into stocks by the end of June as American mutual funds and pension funds, along with foreign pensions and sovereign-wealth funds, "rebalance" by buying stocks and selling bonds to compensate for the latest drop in stocks.</p><p>In their latest report on equity flows and liquidity, the team said it expects between $34 billion and $56 billion of buying by "balanced" mutual funds (that is, funds that aim to maintain a 60/40 weighting of stocks to bonds in accordance with the principles of Modern Portfolio Theory).</p><p>But even larger than the mutual-fund universe is the world of defined-benefit pension funds, which Panigirtzoglou and his team believe could dump as much as $167 billion into U.S. stocks by the end of June.</p><p>These funds have an aggregate $7.5 trillion in assets under management, according to JPMorgan, and although pension funds tend to rebalance more slowly than mutual funds, the JPMorgan team suspects that they might be behind the eight-ball on rebalancing for April, leaving more room for buying as we head into the summer months.</p><p>Finally, the JPMorgan analysts expect an additional $40 billion of inflows from major foreign buyers like the Norges Bank (which controls Norway's massive sovereign-wealth fund), the Swiss National Bank (which maintains a large portfolio of U.S. equities) and Japanese pension funds.</p><p>All told, that's potentially more than $250 billion in inflows that could bolster Wall Street stocks. Since algorithmic traders like Commodity Trading Advisors often trade based on momentum, the initial move higher in equities caused by these inflows could potentially trigger a virtuous feedback loop that could see stocks erase more than half of their year-to-date losses -- at least, according to JPMorgan.</p><p>To be sure, the JPMorgan team had expected a significant bump in equity prices due to rebalancing back in March, a call that didn't quite come to pass, although global equities did stage a brief rally, registering a modest gain for the month, their only monthly gain so far this year.</p><p>JPMorgan's strategists, particularly Panigirtzoglou and his colleague Marko Kolanovic, have been some of the most stridently bullish voices on Wall Street so far this year. But as noted above, other Wall Street strategists are much more bearish: for example, Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, said in a note to clients published Monday that downward earnings revisions could cause stocks to shed another 5% to 10% of their value.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238585689","content_text":"While stock-market strategists at Bank of America and Morgan Stanley grow increasingly bearish, JPMorgan's equity-research department has churned up yet another bullish note for the bank's clients, advising them about the potential for massive month- and quarter-end rebalancing flows that could trigger a sustained rebound in stocks, putting even more distance between the U.S. benchmarks and the bear-market territory with which the S&P 500 index was flirting late last week.The team of JPMorgan equity quants, led by Nikolaos Panigirtzoglou, told the bank's clients that potentially more than $250 billion could flow into stocks by the end of June as American mutual funds and pension funds, along with foreign pensions and sovereign-wealth funds, \"rebalance\" by buying stocks and selling bonds to compensate for the latest drop in stocks.In their latest report on equity flows and liquidity, the team said it expects between $34 billion and $56 billion of buying by \"balanced\" mutual funds (that is, funds that aim to maintain a 60/40 weighting of stocks to bonds in accordance with the principles of Modern Portfolio Theory).But even larger than the mutual-fund universe is the world of defined-benefit pension funds, which Panigirtzoglou and his team believe could dump as much as $167 billion into U.S. stocks by the end of June.These funds have an aggregate $7.5 trillion in assets under management, according to JPMorgan, and although pension funds tend to rebalance more slowly than mutual funds, the JPMorgan team suspects that they might be behind the eight-ball on rebalancing for April, leaving more room for buying as we head into the summer months.Finally, the JPMorgan analysts expect an additional $40 billion of inflows from major foreign buyers like the Norges Bank (which controls Norway's massive sovereign-wealth fund), the Swiss National Bank (which maintains a large portfolio of U.S. equities) and Japanese pension funds.All told, that's potentially more than $250 billion in inflows that could bolster Wall Street stocks. Since algorithmic traders like Commodity Trading Advisors often trade based on momentum, the initial move higher in equities caused by these inflows could potentially trigger a virtuous feedback loop that could see stocks erase more than half of their year-to-date losses -- at least, according to JPMorgan.To be sure, the JPMorgan team had expected a significant bump in equity prices due to rebalancing back in March, a call that didn't quite come to pass, although global equities did stage a brief rally, registering a modest gain for the month, their only monthly gain so far this year.JPMorgan's strategists, particularly Panigirtzoglou and his colleague Marko Kolanovic, have been some of the most stridently bullish voices on Wall Street so far this year. But as noted above, other Wall Street strategists are much more bearish: for example, Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, said in a note to clients published Monday that downward earnings revisions could cause stocks to shed another 5% to 10% of their value.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026081793,"gmtCreate":1653297683312,"gmtModify":1676535255676,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026081793","repostId":"2237843290","repostType":4,"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026081478,"gmtCreate":1653297673594,"gmtModify":1676535255669,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026081478","repostId":"2237843290","repostType":4,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021857405,"gmtCreate":1653034399907,"gmtModify":1676535211940,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021857405","repostId":"1107979444","repostType":4,"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021857236,"gmtCreate":1653034387225,"gmtModify":1676535211932,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021857236","repostId":"1107979444","repostType":4,"repost":{"id":"1107979444","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1653034005,"share":"https://ttm.financial/m/news/1107979444?lang=&edition=fundamental","pubTime":"2022-05-20 16:06","market":"us","language":"en","title":"Grab Continued to Jump Over 5% in Premarket Trading After Surging 24.11% Yesterday","url":"https://stock-news.laohu8.com/highlight/detail?id=1107979444","media":"Tiger Newspress","summary":"Grab continued to jump over 5% in premarket trading after surging 24.11% yesterday.The company's Q1 ","content":"<html><head></head><body><p>Grab continued to jump over 5% in premarket trading after surging 24.11% yesterday.<img src=\"https://static.tigerbbs.com/36e4eac8b5b8358078d605a2884d5b13\" tg-width=\"767\" tg-height=\"575\" width=\"100%\" height=\"auto\"/>The company's Q1 Revenue of $228M (+5.6% Y/Y),beat estimates by $86.34M.Gross merchandise value reached $4.81B, increase of 32% Y/Y.</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>Grab Continued to Jump Over 5% in Premarket Trading After Surging 24.11% Yesterday</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\">\nGrab Continued to Jump Over 5% in Premarket Trading After Surging 24.11% Yesterday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-20 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Grab continued to jump over 5% in premarket trading after surging 24.11% yesterday.<img src=\"https://static.tigerbbs.com/36e4eac8b5b8358078d605a2884d5b13\" tg-width=\"767\" tg-height=\"575\" width=\"100%\" height=\"auto\"/>The company's Q1 Revenue of $228M (+5.6% Y/Y),beat estimates by $86.34M.Gross merchandise value reached $4.81B, increase of 32% Y/Y.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107979444","content_text":"Grab continued to jump over 5% in premarket trading after surging 24.11% yesterday.The company's Q1 Revenue of $228M (+5.6% Y/Y),beat estimates by $86.34M.Gross merchandise value reached $4.81B, increase of 32% Y/Y.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023742708,"gmtCreate":1652968694104,"gmtModify":1676535198393,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023742708","repostId":"1169761435","repostType":4,"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023742202,"gmtCreate":1652968683906,"gmtModify":1676535198385,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023742202","repostId":"1169761435","repostType":4,"repost":{"id":"1169761435","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652968023,"share":"https://ttm.financial/m/news/1169761435?lang=&edition=fundamental","pubTime":"2022-05-19 21:47","market":"us","language":"en","title":"Grab Soared Nearly 12% in Morning Trading as Its Q1 Sales Jumped From $216.00M to $228.00M","url":"https://stock-news.laohu8.com/highlight/detail?id=1169761435","media":"Tiger Newspress","summary":"Grab soared nearly 12% in morning trading as its Q1 sales jumped from $216.00M to $228.00M.Revenue f","content":"<html><head></head><body><p>Grab soared nearly 12% in morning trading as its Q1 sales jumped from $216.00M to $228.00M.<img src=\"https://static.tigerbbs.com/75329a047269803ce054898b8669e93b\" tg-width=\"765\" tg-height=\"574\" width=\"100%\" height=\"auto\"/>Revenue for the quarter ended March 31 was $228 million, up from $216 million a year earlier.</p><p>For full-year fiscal 2022, Grab Holdings said it expects revenue of $1.2 billion to $1.3 billion. Analysts polled by Capital IQ are looking for $925.5 million.</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>Grab Soared Nearly 12% in Morning Trading as Its Q1 Sales Jumped From $216.00M to $228.00M</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\">\nGrab Soared Nearly 12% in Morning Trading as Its Q1 Sales Jumped From $216.00M to $228.00M\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-19 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Grab soared nearly 12% in morning trading as its Q1 sales jumped from $216.00M to $228.00M.<img src=\"https://static.tigerbbs.com/75329a047269803ce054898b8669e93b\" tg-width=\"765\" tg-height=\"574\" width=\"100%\" height=\"auto\"/>Revenue for the quarter ended March 31 was $228 million, up from $216 million a year earlier.</p><p>For full-year fiscal 2022, Grab Holdings said it expects revenue of $1.2 billion to $1.3 billion. Analysts polled by Capital IQ are looking for $925.5 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169761435","content_text":"Grab soared nearly 12% in morning trading as its Q1 sales jumped from $216.00M to $228.00M.Revenue for the quarter ended March 31 was $228 million, up from $216 million a year earlier.For full-year fiscal 2022, Grab Holdings said it expects revenue of $1.2 billion to $1.3 billion. Analysts polled by Capital IQ are looking for $925.5 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9035780516,"gmtCreate":1647682918845,"gmtModify":1676534258360,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like please ","listText":"Like please ","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035780516","repostId":"2220777059","repostType":4,"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032874501,"gmtCreate":1647344436330,"gmtModify":1676534218534,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032874501","repostId":"1133390277","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032985093,"gmtCreate":1647261942855,"gmtModify":1676534208905,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like please ","listText":"Like please ","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032985093","repostId":"1160901911","repostType":4,"repost":{"id":"1160901911","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1647259264,"share":"https://ttm.financial/m/news/1160901911?lang=&edition=fundamental","pubTime":"2022-03-14 20:01","market":"us","language":"en","title":"Pre-Bell|U.S. Stock Futures Wavered on Monday; Alibaba Fell nearly 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1160901911","media":"Tiger Newspress","summary":"U.S. stock index futures wavered on Monday as investors clung to hopes of Russia-Ukraine peace talks","content":"<html><head></head><body><p>U.S. stock index futures wavered on Monday as investors clung to hopes of Russia-Ukraine peace talks, with bank stocks higher ahead of a Federal Reserve policy meeting this week where it is widely expected to raise interest rates.</p><p><b>Market Snapshot</b></p><p>At 8:00 a.m. ET, Dow e-minis were up 194 points, or 0.59%, S&P 500 e-minis were up 10.5 points, or 0.25%, and Nasdaq 100 e-minis were down 51.75 points, or 0.39%.</p><p><img src=\"https://static.tigerbbs.com/c93415963ce592fc1ac203103fbf8665\" tg-width=\"445\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> (BABA), <a href=\"https://laohu8.com/S/JD\">JD.com</a> (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as well as the impact of new Covid-19 outbreaks in the Chinese tech hub of Shenzhen. Alibaba fell 4.7% in the premarket while JD.com sank 5.1%.</p><p><a href=\"https://laohu8.com/S/OXY\">Occidental</a> (OXY), <a href=\"https://laohu8.com/S/CVX\">Chevron</a> (CVX) – The energy stocks were downgraded to “equal-weight” from “overweight” at Morgan Stanley, which notes that both have outperformed peers in recent months and now offer less attractive relative valuations. Occidental fell 3.3% in the premarket while Chevron slid 2.4%. Both are also moving lower in step with the drop in crude prices this morning.</p><p><a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a> (LMT) – The defense contractor’s shares gained 1.6% in premarket trading after sources told Reuters that Germany would purchase up to 35 of Lockheed’s F-35 fighter jets.</p><p><a href=\"https://laohu8.com/S/CPNG\">Coupang, Inc.</a> (CPNG) – Softbank’s Vision Fund sold $1 billion of its stake in the South Korean software company, according to a regulatory filing. The sale of 50 million shares still leaves the fund with 461.2 million Coupang shares. The stock slipped 1.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/F\">Ford</a> (F) – Ford is forecasting a 12% drop in U.S. sales this year, according to a report in Automotive News, citing people present at a meeting with dealers. The publication said Ford has lost 100,000 units of production so far this year due to parts shortages. Despite that news, Ford added 1% in premarket action.</p><p><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> (BRK.B) – Berkshire is urging the rejection of four shareholder proposals, including the replacement of Warren Buffett as chairman and a proposal that Berkshire report on its plans to handle climate risk. Berkshire added 1% in the premarket.</p><p><a href=\"https://laohu8.com/S/RIO\">Rio Tinto PLC</a> (RIO) – Rio shares fell 2.9% in premarket trading after the mining company offered to buy the 49% of Canada’s Turquoise Hill that it doesn’t already own for about $2.7 billion. The price is a more than 32% premium to Turquoise Hill’s Friday close.</p><p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> (TSN) – The beef and poultry producer’s stock slipped 1% in premarket action after BMO Capital Markets downgraded it to “market perform” from “outperform.” BMO cites valuation, noting that Tyson has materially outperformed the S&P 500 over the past year, as well as the potential for lower beef margins.</p><p><b>Market News</b></p><p>Shares of Volt Information Sciences Inc. <a href=\"https://laohu8.com/S/VOLT\">$(VOLT)$</a> rocketed 95.36% toward a near five-year high to pace all premarket gainers Monday, after the staffing services company announced an agreement to be acquired by Vega Consulting Inc. in a deal that values Volt at $132.6 million.</p><p>The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs said. Goldman economists in a note on Friday trimmed their year-end target for the benchmark index to 4,700 from 4,900, which would have implied a nearly 3% rise in 2022. Goldman's target still implies a nearly 12% jump for the S&P from current levels.</p><p>OceanPal (NASDAQ:OP) received a written notice from the Nasdaq indicating that it is not in compliance with the minimum bid price requirement of $1/share.The company has 180 days, or until September 5, 2022 to regain compliance.</p><p>Major cryptocurrency exchange <b>Coinbase Global Inc</b>(NASDAQ: COIN) is testing out a new subscription product that lets users exchange digital assets without trading fees, according to a Blockworks report.</p><p>In a series of tweets on Sunday, Tesla Inc CEO Elon Musk clarified his stance on fiat, as well as, cryptocurrencies."It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high," Musk tweeted. "I still own & won’t sell my Bitcoin, Ethereum or Doge [for what it's worth]."</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>Pre-Bell|U.S. Stock Futures Wavered on Monday; Alibaba Fell nearly 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell|U.S. Stock Futures Wavered on Monday; Alibaba Fell nearly 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-14 20:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures wavered on Monday as investors clung to hopes of Russia-Ukraine peace talks, with bank stocks higher ahead of a Federal Reserve policy meeting this week where it is widely expected to raise interest rates.</p><p><b>Market Snapshot</b></p><p>At 8:00 a.m. ET, Dow e-minis were up 194 points, or 0.59%, S&P 500 e-minis were up 10.5 points, or 0.25%, and Nasdaq 100 e-minis were down 51.75 points, or 0.39%.</p><p><img src=\"https://static.tigerbbs.com/c93415963ce592fc1ac203103fbf8665\" tg-width=\"445\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> (BABA), <a href=\"https://laohu8.com/S/JD\">JD.com</a> (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as well as the impact of new Covid-19 outbreaks in the Chinese tech hub of Shenzhen. Alibaba fell 4.7% in the premarket while JD.com sank 5.1%.</p><p><a href=\"https://laohu8.com/S/OXY\">Occidental</a> (OXY), <a href=\"https://laohu8.com/S/CVX\">Chevron</a> (CVX) – The energy stocks were downgraded to “equal-weight” from “overweight” at Morgan Stanley, which notes that both have outperformed peers in recent months and now offer less attractive relative valuations. Occidental fell 3.3% in the premarket while Chevron slid 2.4%. Both are also moving lower in step with the drop in crude prices this morning.</p><p><a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a> (LMT) – The defense contractor’s shares gained 1.6% in premarket trading after sources told Reuters that Germany would purchase up to 35 of Lockheed’s F-35 fighter jets.</p><p><a href=\"https://laohu8.com/S/CPNG\">Coupang, Inc.</a> (CPNG) – Softbank’s Vision Fund sold $1 billion of its stake in the South Korean software company, according to a regulatory filing. The sale of 50 million shares still leaves the fund with 461.2 million Coupang shares. The stock slipped 1.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/F\">Ford</a> (F) – Ford is forecasting a 12% drop in U.S. sales this year, according to a report in Automotive News, citing people present at a meeting with dealers. The publication said Ford has lost 100,000 units of production so far this year due to parts shortages. Despite that news, Ford added 1% in premarket action.</p><p><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> (BRK.B) – Berkshire is urging the rejection of four shareholder proposals, including the replacement of Warren Buffett as chairman and a proposal that Berkshire report on its plans to handle climate risk. Berkshire added 1% in the premarket.</p><p><a href=\"https://laohu8.com/S/RIO\">Rio Tinto PLC</a> (RIO) – Rio shares fell 2.9% in premarket trading after the mining company offered to buy the 49% of Canada’s Turquoise Hill that it doesn’t already own for about $2.7 billion. The price is a more than 32% premium to Turquoise Hill’s Friday close.</p><p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> (TSN) – The beef and poultry producer’s stock slipped 1% in premarket action after BMO Capital Markets downgraded it to “market perform” from “outperform.” BMO cites valuation, noting that Tyson has materially outperformed the S&P 500 over the past year, as well as the potential for lower beef margins.</p><p><b>Market News</b></p><p>Shares of Volt Information Sciences Inc. <a href=\"https://laohu8.com/S/VOLT\">$(VOLT)$</a> rocketed 95.36% toward a near five-year high to pace all premarket gainers Monday, after the staffing services company announced an agreement to be acquired by Vega Consulting Inc. in a deal that values Volt at $132.6 million.</p><p>The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs said. Goldman economists in a note on Friday trimmed their year-end target for the benchmark index to 4,700 from 4,900, which would have implied a nearly 3% rise in 2022. Goldman's target still implies a nearly 12% jump for the S&P from current levels.</p><p>OceanPal (NASDAQ:OP) received a written notice from the Nasdaq indicating that it is not in compliance with the minimum bid price requirement of $1/share.The company has 180 days, or until September 5, 2022 to regain compliance.</p><p>Major cryptocurrency exchange <b>Coinbase Global Inc</b>(NASDAQ: COIN) is testing out a new subscription product that lets users exchange digital assets without trading fees, according to a Blockworks report.</p><p>In a series of tweets on Sunday, Tesla Inc CEO Elon Musk clarified his stance on fiat, as well as, cryptocurrencies."It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high," Musk tweeted. "I still own & won’t sell my Bitcoin, Ethereum or Doge [for what it's worth]."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160901911","content_text":"U.S. stock index futures wavered on Monday as investors clung to hopes of Russia-Ukraine peace talks, with bank stocks higher ahead of a Federal Reserve policy meeting this week where it is widely expected to raise interest rates.Market SnapshotAt 8:00 a.m. ET, Dow e-minis were up 194 points, or 0.59%, S&P 500 e-minis were up 10.5 points, or 0.25%, and Nasdaq 100 e-minis were down 51.75 points, or 0.39%.Pre-Market MoversAlibaba (BABA), JD.com (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as well as the impact of new Covid-19 outbreaks in the Chinese tech hub of Shenzhen. Alibaba fell 4.7% in the premarket while JD.com sank 5.1%.Occidental (OXY), Chevron (CVX) – The energy stocks were downgraded to “equal-weight” from “overweight” at Morgan Stanley, which notes that both have outperformed peers in recent months and now offer less attractive relative valuations. Occidental fell 3.3% in the premarket while Chevron slid 2.4%. Both are also moving lower in step with the drop in crude prices this morning.Lockheed Martin (LMT) – The defense contractor’s shares gained 1.6% in premarket trading after sources told Reuters that Germany would purchase up to 35 of Lockheed’s F-35 fighter jets.Coupang, Inc. (CPNG) – Softbank’s Vision Fund sold $1 billion of its stake in the South Korean software company, according to a regulatory filing. The sale of 50 million shares still leaves the fund with 461.2 million Coupang shares. The stock slipped 1.2% in premarket trading.Ford (F) – Ford is forecasting a 12% drop in U.S. sales this year, according to a report in Automotive News, citing people present at a meeting with dealers. The publication said Ford has lost 100,000 units of production so far this year due to parts shortages. Despite that news, Ford added 1% in premarket action.Berkshire Hathaway (BRK.B) – Berkshire is urging the rejection of four shareholder proposals, including the replacement of Warren Buffett as chairman and a proposal that Berkshire report on its plans to handle climate risk. Berkshire added 1% in the premarket.Rio Tinto PLC (RIO) – Rio shares fell 2.9% in premarket trading after the mining company offered to buy the 49% of Canada’s Turquoise Hill that it doesn’t already own for about $2.7 billion. The price is a more than 32% premium to Turquoise Hill’s Friday close.Tyson (TSN) – The beef and poultry producer’s stock slipped 1% in premarket action after BMO Capital Markets downgraded it to “market perform” from “outperform.” BMO cites valuation, noting that Tyson has materially outperformed the S&P 500 over the past year, as well as the potential for lower beef margins.Market NewsShares of Volt Information Sciences Inc. $(VOLT)$ rocketed 95.36% toward a near five-year high to pace all premarket gainers Monday, after the staffing services company announced an agreement to be acquired by Vega Consulting Inc. in a deal that values Volt at $132.6 million.The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs said. Goldman economists in a note on Friday trimmed their year-end target for the benchmark index to 4,700 from 4,900, which would have implied a nearly 3% rise in 2022. Goldman's target still implies a nearly 12% jump for the S&P from current levels.OceanPal (NASDAQ:OP) received a written notice from the Nasdaq indicating that it is not in compliance with the minimum bid price requirement of $1/share.The company has 180 days, or until September 5, 2022 to regain compliance.Major cryptocurrency exchange Coinbase Global Inc(NASDAQ: COIN) is testing out a new subscription product that lets users exchange digital assets without trading fees, according to a Blockworks report.In a series of tweets on Sunday, Tesla Inc CEO Elon Musk clarified his stance on fiat, as well as, cryptocurrencies.\"It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high,\" Musk tweeted. \"I still own & won’t sell my Bitcoin, Ethereum or Doge [for what it's worth].\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035332151,"gmtCreate":1647506511598,"gmtModify":1676534238684,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035332151","repostId":"1196391019","repostType":4,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019571168,"gmtCreate":1648615055585,"gmtModify":1676534365528,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019571168","repostId":"1122910394","repostType":4,"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039626529,"gmtCreate":1646024786069,"gmtModify":1676534083454,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Interesting news ","listText":"Interesting news ","text":"Interesting news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039626529","repostId":"2214189884","repostType":4,"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039982669,"gmtCreate":1645884449474,"gmtModify":1676534072412,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like please ","listText":"Like please ","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039982669","repostId":"1125580913","repostType":4,"repost":{"id":"1125580913","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1645926503,"share":"https://ttm.financial/m/news/1125580913?lang=&edition=fundamental","pubTime":"2022-02-27 09:48","market":"us","language":"en","title":"Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1125580913","media":"Tiger Newspress","summary":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-yea","content":"<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here:</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</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>Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value</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\">\nBuffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-27 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here:</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125580913","content_text":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”Read the full letter here:To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.What You OwnBerkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.Surprise, SurpriseHere are a few items about your company that often surprise even seasoned investors:• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.Our Four GiantsThrough Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.InvestmentsNow let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.* This is our actual purchase price and also our tax basis.** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.U.S. Treasury BillsBerkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.But $144 billion?That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.Share RepurchasesThere are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.A Wonderful Man and a Wonderful BusinessLast year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.In all ways, Paul was a class act.* * * * * * * * * * * *Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.ThanksI taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction workingfor you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”The Annual MeetingClear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.February 26, 2022Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014303348,"gmtCreate":1649598374721,"gmtModify":1676534535879,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014303348","repostId":"2226572685","repostType":4,"repost":{"id":"2226572685","kind":"highlight","pubTimestamp":1649559785,"share":"https://ttm.financial/m/news/2226572685?lang=&edition=fundamental","pubTime":"2022-04-10 11:03","market":"us","language":"en","title":"2 Stocks That Could Be Worth More Than Tesla by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2226572685","media":"Motley Fool","summary":"Both companies are going after large market opportunities and are growing quickly.","content":"<html><head></head><body><p>Few stocks have performed as well as <b>Tesla</b> over the past decade. With fervent investor optimism and rapid top-line growth, the electric vehicle (EV) manufacturer now has a market cap north of $1 trillion, making it <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most valuable companies in the world.</p><p>As investors try to find the next wave of potential market-beating stocks, it can be helpful to look back at the recipe for a stock like Tesla, or any of the technology giants, to reach such high market values.</p><p>To reach a market capitalization of over $1 trillion this decade, there are three basic criteria a business needs:</p><ol><li>A revenue base already in the billions.</li><li>A huge total addressable market (TAM).</li><li>A track record of rapid, top-line growth.</li></ol><p><b>Airbnb</b> and <b>Coupang</b> fit these criteria perfectly. Here's why they might be worth more than Tesla by 2030.</p><h2>1. Airbnb: Redefining travel</h2><p>Airbnb is a travel marketplace where individuals can charge travelers to stay at properties they own. These properties can be anything from megamansions in Beverly Hills to treehouses in the rainforest of Australia; essentially, they allow people to stay at unique locations that are different from hotels. The idea was started by Brian Chesky and two others in 2008, and since then the platform has grown like gangbusters. Today, Airbnb has a market cap of $105 billion.</p><p>In 2021, the company had 300 million nights and experiences booked on the platform, up 56% year over year, as the world slowly recovered from the COVID-19 pandemic. However, nights booked are still down 8% from 2019, which shows that travel has still not recovered fully around the globe. Revenue came in at $6 billion in 2021, growing 77% year over year, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were $1.6 billion. That gives the company a profit margin of 26.6% even while facing a headwind from the pandemic.</p><p>So Airbnb fits two of the three criteria with a large revenue base and strong top-line growth. But what about the TAM? The travel and tourism industry is one of the largest in the world, at $9.2 trillion worldwide in 2019 (the last two years have been lower because of the pandemic). Airbnb only serves a portion of the industry right now and has many competitors like hotels and other travel platforms like <b>Booking.com</b> and VRBO. But with so much consumer spending every year, Airbnb's annual revenue has a very high ceiling.</p><p>With a great track record of growth, a huge market opportunity, and high profit margins, I think Airbnb has a chance to hit a market cap of $1 trillion by 2030.</p><h2>2. Coupang: The Amazon of South Korea</h2><p>Coupang is an e-commerce company in South Korea with a similar business model to <b>Amazon</b>'s. It has a wide selection of products along with its own fulfillment and delivery network, which gives it an advantage over competitors. This has allowed Coupang to rapidly gain e-commerce market share in Korea, growing from 7.4% in 2017 to 15.7% last year. Like Amazon, Coupang also has a premium subscription service called Rocket WOW that offers free shipping and special perks. It had 9 million members at the end of 2021.</p><p>Last year, Coupang generated $18.4 billion in revenue, up 54% year over year. As you can see from its market share numbers, it still has room to grow within its home market. Yet, to have a chance of becoming a trillion-dollar business, it will have to expand. Luckily, it already has a ton of initiatives to make this happen. First, on top of its e-commerce platform, it is launching an advertising business and streaming video (again, similar to Amazon) that will hopefully increase spending and profitability. Second, it is expanding outside traditional e-commerce into grocery and food delivery. Third, it has plans to expand outside of South Korea to Singapore, Taiwan, Japan, and potentially other regions in Southeast Asia.</p><p>Unlike Airbnb, Coupang has low margins, generating less than $3 billion in gross profit last year and a net loss. This means that it will likely have to have a much larger revenue base by 2030 to achieve a market cap of $1 trillion. But with close to $20 billion in revenue already, consistent market share gains, new business initiatives, and international expansion, I think Coupang can grow its top-line revenue at a high rate for a long time.</p><p>While it is clear that both Coupang and Airbnb have a chance to reach a market cap of $1 trillion, you should remember that there are risks with any investment. Nothing is guaranteed in the stock market, and if you buy either of these stocks, you are not guaranteed to have market-beating returns over the next decade. But right now, both companies show promise that is worthy of consideration.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Stocks That Could Be Worth More Than Tesla by 2030</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\">\n2 Stocks That Could Be Worth More Than Tesla by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-10 11:03 GMT+8 <a href=https://www.fool.com/investing/2022/04/09/2-stocks-that-could-be-worth-more-than-tesla-by-20/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Few stocks have performed as well as Tesla over the past decade. With fervent investor optimism and rapid top-line growth, the electric vehicle (EV) manufacturer now has a market cap north of $1 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/09/2-stocks-that-could-be-worth-more-than-tesla-by-20/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","TSLA":"特斯拉","CPNG":"Coupang, Inc.","BK4527":"明星科技股","ABNB":"爱彼迎","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓","BK4555":"新能源车","BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://www.fool.com/investing/2022/04/09/2-stocks-that-could-be-worth-more-than-tesla-by-20/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226572685","content_text":"Few stocks have performed as well as Tesla over the past decade. With fervent investor optimism and rapid top-line growth, the electric vehicle (EV) manufacturer now has a market cap north of $1 trillion, making it one of the most valuable companies in the world.As investors try to find the next wave of potential market-beating stocks, it can be helpful to look back at the recipe for a stock like Tesla, or any of the technology giants, to reach such high market values.To reach a market capitalization of over $1 trillion this decade, there are three basic criteria a business needs:A revenue base already in the billions.A huge total addressable market (TAM).A track record of rapid, top-line growth.Airbnb and Coupang fit these criteria perfectly. Here's why they might be worth more than Tesla by 2030.1. Airbnb: Redefining travelAirbnb is a travel marketplace where individuals can charge travelers to stay at properties they own. These properties can be anything from megamansions in Beverly Hills to treehouses in the rainforest of Australia; essentially, they allow people to stay at unique locations that are different from hotels. The idea was started by Brian Chesky and two others in 2008, and since then the platform has grown like gangbusters. Today, Airbnb has a market cap of $105 billion.In 2021, the company had 300 million nights and experiences booked on the platform, up 56% year over year, as the world slowly recovered from the COVID-19 pandemic. However, nights booked are still down 8% from 2019, which shows that travel has still not recovered fully around the globe. Revenue came in at $6 billion in 2021, growing 77% year over year, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were $1.6 billion. That gives the company a profit margin of 26.6% even while facing a headwind from the pandemic.So Airbnb fits two of the three criteria with a large revenue base and strong top-line growth. But what about the TAM? The travel and tourism industry is one of the largest in the world, at $9.2 trillion worldwide in 2019 (the last two years have been lower because of the pandemic). Airbnb only serves a portion of the industry right now and has many competitors like hotels and other travel platforms like Booking.com and VRBO. But with so much consumer spending every year, Airbnb's annual revenue has a very high ceiling.With a great track record of growth, a huge market opportunity, and high profit margins, I think Airbnb has a chance to hit a market cap of $1 trillion by 2030.2. Coupang: The Amazon of South KoreaCoupang is an e-commerce company in South Korea with a similar business model to Amazon's. It has a wide selection of products along with its own fulfillment and delivery network, which gives it an advantage over competitors. This has allowed Coupang to rapidly gain e-commerce market share in Korea, growing from 7.4% in 2017 to 15.7% last year. Like Amazon, Coupang also has a premium subscription service called Rocket WOW that offers free shipping and special perks. It had 9 million members at the end of 2021.Last year, Coupang generated $18.4 billion in revenue, up 54% year over year. As you can see from its market share numbers, it still has room to grow within its home market. Yet, to have a chance of becoming a trillion-dollar business, it will have to expand. Luckily, it already has a ton of initiatives to make this happen. First, on top of its e-commerce platform, it is launching an advertising business and streaming video (again, similar to Amazon) that will hopefully increase spending and profitability. Second, it is expanding outside traditional e-commerce into grocery and food delivery. Third, it has plans to expand outside of South Korea to Singapore, Taiwan, Japan, and potentially other regions in Southeast Asia.Unlike Airbnb, Coupang has low margins, generating less than $3 billion in gross profit last year and a net loss. This means that it will likely have to have a much larger revenue base by 2030 to achieve a market cap of $1 trillion. But with close to $20 billion in revenue already, consistent market share gains, new business initiatives, and international expansion, I think Coupang can grow its top-line revenue at a high rate for a long time.While it is clear that both Coupang and Airbnb have a chance to reach a market cap of $1 trillion, you should remember that there are risks with any investment. Nothing is guaranteed in the stock market, and if you buy either of these stocks, you are not guaranteed to have market-beating returns over the next decade. But right now, both companies show promise that is worthy of consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038556772,"gmtCreate":1646873554796,"gmtModify":1676534171995,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038556772","repostId":"2218289336","repostType":4,"repost":{"id":"2218289336","kind":"highlight","pubTimestamp":1646870452,"share":"https://ttm.financial/m/news/2218289336?lang=&edition=fundamental","pubTime":"2022-03-10 08:00","market":"us","language":"en","title":"2 Ultra-High-Yield Dividend Stocks With Up to 72% Upside, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2218289336","media":"Motley Fool","summary":"According to select analysts, these income stocks, with yields of 8.7% and 8.9%, could soar.","content":"<html><head></head><body><p>For more than two months, Wall Street and investors have been reminded that crashes and corrections are a normal part of the investing cycle. Although big drops in the market can be unnerving at times, they're the price of admission to <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's top long-term wealth creators.</p><p>But where there's volatility, there's almost always opportunity. With every notable stock market decline throughout history eventually getting erased by a bull market rally, this ongoing correction represents just another in a long line of opportunities for patient investors to put their money to work and grow their wealth.</p><p>The big question is: Which stocks to buy?</p><h2>Buying dividend stocks is a winning formula for patient investors</h2><p>While there are a lot of investing strategies that work over the long run, few have outperformed more resoundingly than buying dividend stocks.</p><p>Nine years ago, J.P. Morgan Asset Management, a division of money-center bank <b>JPMorgan Chase</b>, released a report that examined the annualized performance of dividend-paying stocks to non-dividend payers over a 40-year period (1972-2012). The report showed that dividend stocks absolutely mopped the floor with publicly traded companies that didn't pay a dividend. Specifically, companies that initiated and grew their payout delivered a 9.5% annualized return, which was many multiples higher than the 1.6% annualized return from the public companies not paying a dividend.</p><p>This outperformance isn't unexpected. Since income stocks are almost always profitable and time-tested, and have relatively transparent long-term growth outlooks, investors should expect these steady companies to increase in value over time.</p><p>Perhaps the biggest challenge for income investors is balancing yield and risk. Ideally, you'd want the highest yield possible with the least amount of risk. But data has shown that yield and risk tend to go hand in hand once you reach high-yield status (4% and above). Because yield is simply a function of payout relative to share price, a falling share price that's indicative of a struggling or failing operating model can lure income seekers into a value trap. What I'm ultimately trying to say is that high-yield and ultra-high-yield stocks (those I'm arbitrarily defining as having yields of 7% or higher) require extra vetting.</p><p>The good news for investors is that there are high-quality, ultra-high-yield dividend stocks they can buy and count on. In fact, select analysts on Wall Street see abundant upside for two popular ultra-high-yield income stocks. If these one-year price targets prove accurate, this duo could offer as much as 72% upside.</p><h2>AT&T: Implied upside of 72% (8.71% yield)</h2><p>Among ultra-high-yielding stocks, you'd struggle to find a company with more upside potential than telecom stock <b>AT&T</b> (NYSE:T) -- at least according to one analyst.</p><p>In January, Ivan Feinseth of Tigress Financial increased his firm's 12-month price target on AT&T to $41 from $36. If Feinseth's price target were to become reality, AT&T's shares would increase by a cool 72%. Feinseth's note accompanying his firms' price target increase points to AT&T's subscriber growth and upcoming spinoff of WarnerMedia (which I'll touch on in a moment) as reasons shares can head substantially higher.</p><p>For AT&T investors (of which I'm one), there are two key catalysts on the immediate horizon.</p><p>First, there's the continued upgrade of wireless infrastructure to support 5G speeds. It's been roughly a decade since download speeds were meaningfully improved. The rollout of 5G should entice consumers and businesses to replace their wireless devices for years to come. Since AT&T's wireless segment generates its juiciest margins from data consumption, faster download speeds with 5G represent a healthy dose of organic growth for this stalwart telecom company.</p><p>The second catalyst is the aforementioned spinoff of content arm WarnerMedia, which will then be merged with <b>Discovery</b> (NASDAQ:DISCA)(NASDAQ:DISCK) to create a new media entity, WarnerMedia-Discovery. Current AT&T investors will have a stake in this new media company.</p><p>When merged, WarnerMedia-Discovery will offer a larger content library and should be able to reduce its annual expenses by more than $3 billion. Pro forma subscriber figures suggest the new company will have in the neighborhood of 94 million streaming customers.</p><p>For what remains of AT&T following the spinoff, the focus will turn to debt reduction. AT&T plans to slightly more than halve its dividend so it'll have even more cash to pay down its debt. Yet even with this upcoming dividend cut, AT&T will still sport a hearty yield of around 4.3%.</p><p>Betting on a 72% increase in its share price in 12 months seems a bit optimistic. However, unlocking value via the WarnerMedia spinoff is a smart move and suggests AT&T could move much higher over time.</p><h2>Sabra Health Care REIT: Implied upside of 34% (8.93% yield)</h2><p>A second ultra-high-yield dividend stock with substantial upside, according to one Wall Street analyst, is <b>Sabra Health Care REIT</b> (NASDAQ:SBRA).</p><p>Sabra, which is a real estate investment trust (REIT) that owns more than 400 healthcare facilities tied to skilled nursing and senior housing, is expected to rally to $18 a share over the next 12 months, based on the price target offered by Stifel analyst Stephen Manaker. Manaker's optimism is based on the expectation of healthy funds from operation growth in 2022 despite the challenges presented by the COVID-19 pandemic. If Manaker is right, Sabra's shares could jump 34%, which would be on top of its nearly 9% yield.</p><p>As you might imagine, Sabra Health Care was hit hard during the early stages of the pandemic. Since COVID-19 is particularly troublesome for the elderly, occupancy rates at skilled nursing and senior housing facilities fell. This put into question whether Sabra would receive rent from its tenants on schedule.</p><p>But there's good news. According to the company, 99.6% of all expected rents have been collected since the pandemic began two years ago. What's more, senior occupancy rates in the skilled nursing and senior housing facilities it owns troughed over a year ago and have been rebounding ever since.</p><p>To add to the positives, the company recently amended its master lease agreement with Avamere, an operator of 27 facilities leased from Sabra. Avamere is the one key operator that had previously struggled to meet its rent payments. This amended master lease agreement gives Avamere some breathing room as it recovers from the worst of the pandemic, and it allows Sabra to potentially net more in future rent if Avamere's recovery really gains steam. In other words, a big gray cloud of uncertainty has been removed.</p><p>Although the pandemic isn't over, investors can begin looking into the future and marveling at Sabra's prime position in the healthcare space. As the boomer population ages, it'll be one of a handful of companies in ideal position to benefit.</p><p>With the company putting $419.4 million to work in the form of new investments in 2021, and netting a 7.6% weighted-average yield on those investments, it's a good bet to deliver steady returns for patient shareholders.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Ultra-High-Yield Dividend Stocks With Up to 72% Upside, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Ultra-High-Yield Dividend Stocks With Up to 72% Upside, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-10 08:00 GMT+8 <a href=https://www.fool.com/investing/2022/03/09/2-ultra-high-yield-dividend-stocks-with-72-upside/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For more than two months, Wall Street and investors have been reminded that crashes and corrections are a normal part of the investing cycle. Although big drops in the market can be unnerving at times...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/09/2-ultra-high-yield-dividend-stocks-with-72-upside/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4125":"广播","BK4552":"Archegos爆仓风波概念","BK4115":"综合电信业务","REIT":"ALPS Active REIT ETF","BK4515":"5G概念","DISCA":"探索传播","BK4550":"红杉资本持仓","T":"美国电话电报","SBRA":"Sabra Healthcare REIT","BK4507":"流媒体概念","BK4203":"医疗保健房地产投资信托"},"source_url":"https://www.fool.com/investing/2022/03/09/2-ultra-high-yield-dividend-stocks-with-72-upside/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2218289336","content_text":"For more than two months, Wall Street and investors have been reminded that crashes and corrections are a normal part of the investing cycle. Although big drops in the market can be unnerving at times, they're the price of admission to one of the world's top long-term wealth creators.But where there's volatility, there's almost always opportunity. With every notable stock market decline throughout history eventually getting erased by a bull market rally, this ongoing correction represents just another in a long line of opportunities for patient investors to put their money to work and grow their wealth.The big question is: Which stocks to buy?Buying dividend stocks is a winning formula for patient investorsWhile there are a lot of investing strategies that work over the long run, few have outperformed more resoundingly than buying dividend stocks.Nine years ago, J.P. Morgan Asset Management, a division of money-center bank JPMorgan Chase, released a report that examined the annualized performance of dividend-paying stocks to non-dividend payers over a 40-year period (1972-2012). The report showed that dividend stocks absolutely mopped the floor with publicly traded companies that didn't pay a dividend. Specifically, companies that initiated and grew their payout delivered a 9.5% annualized return, which was many multiples higher than the 1.6% annualized return from the public companies not paying a dividend.This outperformance isn't unexpected. Since income stocks are almost always profitable and time-tested, and have relatively transparent long-term growth outlooks, investors should expect these steady companies to increase in value over time.Perhaps the biggest challenge for income investors is balancing yield and risk. Ideally, you'd want the highest yield possible with the least amount of risk. But data has shown that yield and risk tend to go hand in hand once you reach high-yield status (4% and above). Because yield is simply a function of payout relative to share price, a falling share price that's indicative of a struggling or failing operating model can lure income seekers into a value trap. What I'm ultimately trying to say is that high-yield and ultra-high-yield stocks (those I'm arbitrarily defining as having yields of 7% or higher) require extra vetting.The good news for investors is that there are high-quality, ultra-high-yield dividend stocks they can buy and count on. In fact, select analysts on Wall Street see abundant upside for two popular ultra-high-yield income stocks. If these one-year price targets prove accurate, this duo could offer as much as 72% upside.AT&T: Implied upside of 72% (8.71% yield)Among ultra-high-yielding stocks, you'd struggle to find a company with more upside potential than telecom stock AT&T (NYSE:T) -- at least according to one analyst.In January, Ivan Feinseth of Tigress Financial increased his firm's 12-month price target on AT&T to $41 from $36. If Feinseth's price target were to become reality, AT&T's shares would increase by a cool 72%. Feinseth's note accompanying his firms' price target increase points to AT&T's subscriber growth and upcoming spinoff of WarnerMedia (which I'll touch on in a moment) as reasons shares can head substantially higher.For AT&T investors (of which I'm one), there are two key catalysts on the immediate horizon.First, there's the continued upgrade of wireless infrastructure to support 5G speeds. It's been roughly a decade since download speeds were meaningfully improved. The rollout of 5G should entice consumers and businesses to replace their wireless devices for years to come. Since AT&T's wireless segment generates its juiciest margins from data consumption, faster download speeds with 5G represent a healthy dose of organic growth for this stalwart telecom company.The second catalyst is the aforementioned spinoff of content arm WarnerMedia, which will then be merged with Discovery (NASDAQ:DISCA)(NASDAQ:DISCK) to create a new media entity, WarnerMedia-Discovery. Current AT&T investors will have a stake in this new media company.When merged, WarnerMedia-Discovery will offer a larger content library and should be able to reduce its annual expenses by more than $3 billion. Pro forma subscriber figures suggest the new company will have in the neighborhood of 94 million streaming customers.For what remains of AT&T following the spinoff, the focus will turn to debt reduction. AT&T plans to slightly more than halve its dividend so it'll have even more cash to pay down its debt. Yet even with this upcoming dividend cut, AT&T will still sport a hearty yield of around 4.3%.Betting on a 72% increase in its share price in 12 months seems a bit optimistic. However, unlocking value via the WarnerMedia spinoff is a smart move and suggests AT&T could move much higher over time.Sabra Health Care REIT: Implied upside of 34% (8.93% yield)A second ultra-high-yield dividend stock with substantial upside, according to one Wall Street analyst, is Sabra Health Care REIT (NASDAQ:SBRA).Sabra, which is a real estate investment trust (REIT) that owns more than 400 healthcare facilities tied to skilled nursing and senior housing, is expected to rally to $18 a share over the next 12 months, based on the price target offered by Stifel analyst Stephen Manaker. Manaker's optimism is based on the expectation of healthy funds from operation growth in 2022 despite the challenges presented by the COVID-19 pandemic. If Manaker is right, Sabra's shares could jump 34%, which would be on top of its nearly 9% yield.As you might imagine, Sabra Health Care was hit hard during the early stages of the pandemic. Since COVID-19 is particularly troublesome for the elderly, occupancy rates at skilled nursing and senior housing facilities fell. This put into question whether Sabra would receive rent from its tenants on schedule.But there's good news. According to the company, 99.6% of all expected rents have been collected since the pandemic began two years ago. What's more, senior occupancy rates in the skilled nursing and senior housing facilities it owns troughed over a year ago and have been rebounding ever since.To add to the positives, the company recently amended its master lease agreement with Avamere, an operator of 27 facilities leased from Sabra. Avamere is the one key operator that had previously struggled to meet its rent payments. This amended master lease agreement gives Avamere some breathing room as it recovers from the worst of the pandemic, and it allows Sabra to potentially net more in future rent if Avamere's recovery really gains steam. In other words, a big gray cloud of uncertainty has been removed.Although the pandemic isn't over, investors can begin looking into the future and marveling at Sabra's prime position in the healthcare space. As the boomer population ages, it'll be one of a handful of companies in ideal position to benefit.With the company putting $419.4 million to work in the form of new investments in 2021, and netting a 7.6% weighted-average yield on those investments, it's a good bet to deliver steady returns for patient shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069543409,"gmtCreate":1651323874845,"gmtModify":1676534890054,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069543409","repostId":"1124633130","repostType":4,"repost":{"id":"1124633130","kind":"news","pubTimestamp":1651321393,"share":"https://ttm.financial/m/news/1124633130?lang=&edition=fundamental","pubTime":"2022-04-30 20:23","market":"us","language":"en","title":"Berkshire Hathaway Earnings Fall on Investment Losses","url":"https://stock-news.laohu8.com/highlight/detail?id=1124633130","media":"The Wall Street Journal","summary":"Warren Buffett will speak later Saturday at the conglomerate’s first in-person annual meeting since 2019","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway Inc.</a>'s first-quarter earnings fell, hurt by investment losses and weaker results in its insurance-underwriting business.</p><p>Warren Buffett’s company reported net income of $5.46 billion, or $3,702 a Class A share equivalent. That was down from $11.71 billion, or $7,638 a share, a year earlier. Operating earnings, which exclude some investment results, edged up to $7.04 billion from $7.02 billion last year.</p><p>Berkshire’s insurance-underwriting business reported a decrease in operating profits, while its railroad; utilities and energy; and manufacturing, service and retailing businesses posted growth.</p><p>Berkshire’s net income can be volatile from quarter to quarter because the company has large stock investments, and it is required to include unrealized investment gains or losses in the figure. Mr. Buffett, who is Berkshire’s chief executive and chairman, has said he thinks operating earnings are a better measure of how the company is performing.</p><p>Investors curious to hear what Berkshire will do next will get a chance to hear from Mr. Buffett himself later Saturday. The 91-year-old investor—alongside right-hand man Charlie Munger and Vice Chairmen Greg Abel and Ajit Jain—will speak at Berkshire’s first in-person annual shareholder meeting since 2019.</p><p>Based in Omaha, Neb., Berkshire runs a large insurance operation, as well as a railroad, utilities, manufacturers and retailers. Many of its holdings are household names, such as Fruit of the Loom, Geico, Dairy Queen and Benjamin Moore & Co.</p><p>Berkshire also has a massive equity portfolio, which was worth $331 billion at the end of 2021. The company uses billions of dollars of float, or upfront premiums that its insurance customers pay, to make investments for its own gain.</p><p>While most shareholder meetings pass by without much notice, Berkshire’s has been lovingly dubbed the “Woodstock for Capitalists” given its unusually high turnout, festival-like atmosphere and plethora of memorabilia celebrating Mr. Buffett and his investments. In the past, attendees have taken home souvenirs such as Fruit of the Loom boxers with images of Mr. Buffett printed on them and Oriental Trading rubber ducks created in the likeness of Mr. Buffett and Mr. Munger.</p><p>The highlight of the weekend will be an hourslong question-and-answer session during which the executives will field inquiries from randomly selected audience members and CNBC reporter Becky Quick.</p><p>Mr. Buffett has said he won’t discuss what Berkshire is buying or selling, how Berkshire arrived at an investment decision, or politics.</p><p>“Any other subjects are fair game,” he wrote in a program for the event.</p><p>While the company made no major acquisitions in 2021, with Mr. Buffett citing a lack of attractive long-term investment opportunities, it has put more cash to work again this year.</p><p>In March, Berkshire said it had reached a deal to acquire insurer <a href=\"https://laohu8.com/S/Y\">Alleghany Corp.</a> for $11.6 billion. The deal is set to be Berkshire’s biggest in years. The company also unveiled it had built a 14.6% stake in <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a> in March and disclosed an 11% stake in <a href=\"https://laohu8.com/S/HPQ\">HP Inc.</a> in April.</p><p>Shares of <a href=\"https://laohu8.com/S/OXY\">Occidental</a> and <a href=\"https://laohu8.com/S/HPQ\">HP</a> soared following news of Berkshire’s investments.</p><p>Shareholders will pay close attention to Mr. Buffett’s views on the markets and the economy, given his decades of investing experience and the vast scale of Berkshire’s businesses.</p><p>They may also look to hear Mr. Buffett share his views on various Berkshire shareholder proposals. In April, the California Public Employees’ Retirement System, the nation’s largest pension fund, said it was planning to support a proposal that would remove Mr. Buffett as the chairman of Berkshire.</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>Berkshire Hathaway Earnings Fall on Investment Losses</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\">\nBerkshire Hathaway Earnings Fall on Investment Losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-30 20:23 GMT+8 <a href=https://www.wsj.com/articles/berkshire-hathaway-earnings-fall-on-investment-losses-11651321042?mod=hp_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway Inc.'s first-quarter earnings fell, hurt by investment losses and weaker results in its insurance-underwriting business.Warren Buffett’s company reported net income of $5.46 billion...</p>\n\n<a href=\"https://www.wsj.com/articles/berkshire-hathaway-earnings-fall-on-investment-losses-11651321042?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.wsj.com/articles/berkshire-hathaway-earnings-fall-on-investment-losses-11651321042?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124633130","content_text":"Berkshire Hathaway Inc.'s first-quarter earnings fell, hurt by investment losses and weaker results in its insurance-underwriting business.Warren Buffett’s company reported net income of $5.46 billion, or $3,702 a Class A share equivalent. That was down from $11.71 billion, or $7,638 a share, a year earlier. Operating earnings, which exclude some investment results, edged up to $7.04 billion from $7.02 billion last year.Berkshire’s insurance-underwriting business reported a decrease in operating profits, while its railroad; utilities and energy; and manufacturing, service and retailing businesses posted growth.Berkshire’s net income can be volatile from quarter to quarter because the company has large stock investments, and it is required to include unrealized investment gains or losses in the figure. Mr. Buffett, who is Berkshire’s chief executive and chairman, has said he thinks operating earnings are a better measure of how the company is performing.Investors curious to hear what Berkshire will do next will get a chance to hear from Mr. Buffett himself later Saturday. The 91-year-old investor—alongside right-hand man Charlie Munger and Vice Chairmen Greg Abel and Ajit Jain—will speak at Berkshire’s first in-person annual shareholder meeting since 2019.Based in Omaha, Neb., Berkshire runs a large insurance operation, as well as a railroad, utilities, manufacturers and retailers. Many of its holdings are household names, such as Fruit of the Loom, Geico, Dairy Queen and Benjamin Moore & Co.Berkshire also has a massive equity portfolio, which was worth $331 billion at the end of 2021. The company uses billions of dollars of float, or upfront premiums that its insurance customers pay, to make investments for its own gain.While most shareholder meetings pass by without much notice, Berkshire’s has been lovingly dubbed the “Woodstock for Capitalists” given its unusually high turnout, festival-like atmosphere and plethora of memorabilia celebrating Mr. Buffett and his investments. In the past, attendees have taken home souvenirs such as Fruit of the Loom boxers with images of Mr. Buffett printed on them and Oriental Trading rubber ducks created in the likeness of Mr. Buffett and Mr. Munger.The highlight of the weekend will be an hourslong question-and-answer session during which the executives will field inquiries from randomly selected audience members and CNBC reporter Becky Quick.Mr. Buffett has said he won’t discuss what Berkshire is buying or selling, how Berkshire arrived at an investment decision, or politics.“Any other subjects are fair game,” he wrote in a program for the event.While the company made no major acquisitions in 2021, with Mr. Buffett citing a lack of attractive long-term investment opportunities, it has put more cash to work again this year.In March, Berkshire said it had reached a deal to acquire insurer Alleghany Corp. for $11.6 billion. The deal is set to be Berkshire’s biggest in years. The company also unveiled it had built a 14.6% stake in Occidental Petroleum in March and disclosed an 11% stake in HP Inc. in April.Shares of Occidental and HP soared following news of Berkshire’s investments.Shareholders will pay close attention to Mr. Buffett’s views on the markets and the economy, given his decades of investing experience and the vast scale of Berkshire’s businesses.They may also look to hear Mr. Buffett share his views on various Berkshire shareholder proposals. In April, the California Public Employees’ Retirement System, the nation’s largest pension fund, said it was planning to support a proposal that would remove Mr. Buffett as the chairman of Berkshire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9085081195,"gmtCreate":1650618361664,"gmtModify":1676534764730,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085081195","repostId":"1127273424","repostType":4,"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095503714,"gmtCreate":1644939874698,"gmtModify":1676533977884,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like please ","listText":"Like please ","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095503714","repostId":"2211505186","repostType":4,"repost":{"id":"2211505186","kind":"highlight","pubTimestamp":1644939108,"share":"https://ttm.financial/m/news/2211505186?lang=&edition=fundamental","pubTime":"2022-02-15 23:31","market":"us","language":"en","title":"Tech Sell-Off: This Beaten-Down Growth Stock Could Soar 312%, Says Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2211505186","media":"Motley Fool","summary":"C3.ai carries some risk, but the rewards could be remarkable.","content":"<html><head></head><body><p>It's only February, but investors are already having a tough year. The technology sector is suffering the most with the <b>Nasdaq 100</b> index down over 12% year to date. But history suggests ignoring short-term noise and taking a long-term view will yield the most positive results. So investors could use the recent dip as a chance to buy innovative companies at a discount.</p><p>First-of-its-kind artificial intelligence company, <b>C3.ai </b>(NYSE:AI), might be <a href=\"https://laohu8.com/S/AONE.U\">one</a> candidate. There is a caveat, however: While its shares down 20% so far in 2022, they have lost 85% of their value since hitting their all-time high in Dec. 2020, so it's a volatile stock.</p><p>But one Wall Street firm stands behind the company's potential, indicating C3.ai stock could quadruple from today's price. Here's why.</p><h2>It's a trailblazer</h2><p>Artificial intelligence (AI) brings boundless possibilities to the business world through its ability to complete highly complex tasks in a fraction of the time humans would need. For some technology companies, building AI models is part-and-parcel of doing business. Think about behemoths like <b><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></b>, <b>Alphabet</b>'s Google, or even <b>Upstart</b>, which uses AI to originate loans for banks.</p><p>But that's not the case for most regular businesses. They don't have the financial resources, nor can they attract the specialized talent, to create technologies like AI in-house. That's the gap C3.ai fills by offering a suite of turnkey AI applications that can be customized to work within almost any industry in the world.</p><p>At 35%, the oil and gas sector is C3.ai's largest source of revenue. The sector is benefiting from AI models that help to reduce carbon emissions and predict costly equipment failures.</p><p>But the company is also recognized by some of the largest tech organizations in the world, including <b>Microsoft</b>, which is collaborating with C3.ai to accelerate the development of AI applications on its Azure cloud-services platform. So far, this partnership has led to over $200 million of new deals for the two companies.</p><h2>Strong revenue growth but explosive customer growth</h2><p>C3.ai isn't a profitable company yet, which is a key reason its stock has struggled, but it's doing all the right things to grow its business. Over time, it will likely achieve scale and deliver positive earnings per share. But for now, investors should be extremely excited about the company's performance based on other metrics.</p><p>It generated $92 million in revenue during fiscal 2019, and management expects the top line to reach $250 million in fiscal 2022. That change represents a compound annual growth rate (CAGR) of 39%, but the company's customer growth actually trounces that mark.</p><table><thead><tr><th><p>Metric</p></th><th><p>Fiscal 2019</p></th><th><p>Fiscal 2022*</p></th><th><p>CAGR</p></th></tr></thead><tbody><tr><td><p>Total customers</p></td><td><p>21</p></td><td><p>104</p></td><td><p>89%</p></td></tr></tbody></table><p>Data source: C3.ai. CAGR = Compound Annual Growth Rate.</p><p>In addition, over the last 12 months, C3.ai has doubled the number of industries it serves to 14. And it has also significantly expanded existing agreements, Its deal with oil and gas giant <b>Baker Hughes</b>, for example, increased $45 million to a whopping $495 million. That one deal alone guarantees C3.ai $357 million in revenue over the next three and a half years.</p><h2>Wall Street is on board</h2><p>In Dec. 2021, Wall Street firm <b>Needham</b> maintained its buy rating on C3.ai stock and attached a price target of $103 per share. That represents 312% growth from its current price of $25.</p><p>But while Needham is the most bullish firm, it's certainly not alone. The consensus price target on Wall Street sits at $56.29, which is still more than double where the stock trades as of this writing.</p><p>Those price targets might actually be conservative over the long term with the artificial intelligence industry set to top $360 billion by 2028. So when investors look back a few years from now, the recent tech sell-off might prove to have been a great opportunity to pick up C3.ai stock.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech Sell-Off: This Beaten-Down Growth Stock Could Soar 312%, Says Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Sell-Off: This Beaten-Down Growth Stock Could Soar 312%, Says Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-15 23:31 GMT+8 <a href=https://www.fool.com/investing/2022/02/14/tech-sell-off-this-beaten-down-stock-could-soar/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's only February, but investors are already having a tough year. The technology sector is suffering the most with the Nasdaq 100 index down over 12% year to date. But history suggests ignoring short...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/14/tech-sell-off-this-beaten-down-stock-could-soar/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","AI":"C3.ai, Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4525":"远程办公概念","BK4538":"云计算","BK4543":"AI","BK4077":"互动媒体与服务","BK4527":"明星科技股","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4554":"元宇宙及AR概念","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4514":"搜索引擎","BK4548":"巴美列捷福持仓","BK4528":"SaaS概念","BK4023":"应用软件","BK4532":"文艺复兴科技持仓"},"source_url":"https://www.fool.com/investing/2022/02/14/tech-sell-off-this-beaten-down-stock-could-soar/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2211505186","content_text":"It's only February, but investors are already having a tough year. The technology sector is suffering the most with the Nasdaq 100 index down over 12% year to date. But history suggests ignoring short-term noise and taking a long-term view will yield the most positive results. So investors could use the recent dip as a chance to buy innovative companies at a discount.First-of-its-kind artificial intelligence company, C3.ai (NYSE:AI), might be one candidate. There is a caveat, however: While its shares down 20% so far in 2022, they have lost 85% of their value since hitting their all-time high in Dec. 2020, so it's a volatile stock.But one Wall Street firm stands behind the company's potential, indicating C3.ai stock could quadruple from today's price. Here's why.It's a trailblazerArtificial intelligence (AI) brings boundless possibilities to the business world through its ability to complete highly complex tasks in a fraction of the time humans would need. For some technology companies, building AI models is part-and-parcel of doing business. Think about behemoths like Meta Platforms, Alphabet's Google, or even Upstart, which uses AI to originate loans for banks.But that's not the case for most regular businesses. They don't have the financial resources, nor can they attract the specialized talent, to create technologies like AI in-house. That's the gap C3.ai fills by offering a suite of turnkey AI applications that can be customized to work within almost any industry in the world.At 35%, the oil and gas sector is C3.ai's largest source of revenue. The sector is benefiting from AI models that help to reduce carbon emissions and predict costly equipment failures.But the company is also recognized by some of the largest tech organizations in the world, including Microsoft, which is collaborating with C3.ai to accelerate the development of AI applications on its Azure cloud-services platform. So far, this partnership has led to over $200 million of new deals for the two companies.Strong revenue growth but explosive customer growthC3.ai isn't a profitable company yet, which is a key reason its stock has struggled, but it's doing all the right things to grow its business. Over time, it will likely achieve scale and deliver positive earnings per share. But for now, investors should be extremely excited about the company's performance based on other metrics.It generated $92 million in revenue during fiscal 2019, and management expects the top line to reach $250 million in fiscal 2022. That change represents a compound annual growth rate (CAGR) of 39%, but the company's customer growth actually trounces that mark.MetricFiscal 2019Fiscal 2022*CAGRTotal customers2110489%Data source: C3.ai. CAGR = Compound Annual Growth Rate.In addition, over the last 12 months, C3.ai has doubled the number of industries it serves to 14. And it has also significantly expanded existing agreements, Its deal with oil and gas giant Baker Hughes, for example, increased $45 million to a whopping $495 million. That one deal alone guarantees C3.ai $357 million in revenue over the next three and a half years.Wall Street is on boardIn Dec. 2021, Wall Street firm Needham maintained its buy rating on C3.ai stock and attached a price target of $103 per share. That represents 312% growth from its current price of $25.But while Needham is the most bullish firm, it's certainly not alone. The consensus price target on Wall Street sits at $56.29, which is still more than double where the stock trades as of this writing.Those price targets might actually be conservative over the long term with the artificial intelligence industry set to top $360 billion by 2028. So when investors look back a few years from now, the recent tech sell-off might prove to have been a great opportunity to pick up C3.ai stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923676056,"gmtCreate":1670857308175,"gmtModify":1676538447137,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9923676056","repostId":"1184694706","repostType":4,"isVote":1,"tweetType":1,"viewCount":1245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9012083350,"gmtCreate":1649253603716,"gmtModify":1676534478336,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012083350","repostId":"1113755810","repostType":4,"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011322053,"gmtCreate":1648820802823,"gmtModify":1676534404694,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011322053","repostId":"1110736879","repostType":4,"repost":{"id":"1110736879","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1648819883,"share":"https://ttm.financial/m/news/1110736879?lang=&edition=fundamental","pubTime":"2022-04-01 21:31","market":"us","language":"en","title":"U.S. Stocks Open Slightly Higher after March Jobs Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1110736879","media":"Tiger Newspress","summary":"Stocks rose Friday as investors assessed a new quarter of trading and a troublesome bond market rece","content":"<html><head></head><body><p>Stocks rose Friday as investors assessed a new quarter of trading and a troublesome bond market recession indicator.</p><p>The Dow Jones Industrial Average gained 106 points, or 0.3%. The S&P 500 rose 0.4% and the Nasdaq Composite futures added about 0.5%.</p><p>Wall Street is fresh off its first negative quarter in two years, but there were positive signs for investors on Friday. Beaten-down tech stocks were pushing higher in early trading, with chipmaker AMD and streaming company Roku each rising more than 1%.</p><p>The price of U.S. benchmark West Texas Intermediate fell below $100 per barrel as the Biden administration pledged to release more strategic oil reserves.</p><p>Video game retailer GameStop Corp said on Thursday it would seek shareholder approval for a stock split, aiming to become the latest U.S. company to make it easier for retail investors to own its shares.The firm's shares jumped 10% in morning trading.</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>U.S. Stocks Open Slightly Higher after March Jobs Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Open Slightly Higher after March Jobs Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-01 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks rose Friday as investors assessed a new quarter of trading and a troublesome bond market recession indicator.</p><p>The Dow Jones Industrial Average gained 106 points, or 0.3%. The S&P 500 rose 0.4% and the Nasdaq Composite futures added about 0.5%.</p><p>Wall Street is fresh off its first negative quarter in two years, but there were positive signs for investors on Friday. Beaten-down tech stocks were pushing higher in early trading, with chipmaker AMD and streaming company Roku each rising more than 1%.</p><p>The price of U.S. benchmark West Texas Intermediate fell below $100 per barrel as the Biden administration pledged to release more strategic oil reserves.</p><p>Video game retailer GameStop Corp said on Thursday it would seek shareholder approval for a stock split, aiming to become the latest U.S. company to make it easier for retail investors to own its shares.The firm's shares jumped 10% in morning trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIA":"道琼斯ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110736879","content_text":"Stocks rose Friday as investors assessed a new quarter of trading and a troublesome bond market recession indicator.The Dow Jones Industrial Average gained 106 points, or 0.3%. The S&P 500 rose 0.4% and the Nasdaq Composite futures added about 0.5%.Wall Street is fresh off its first negative quarter in two years, but there were positive signs for investors on Friday. Beaten-down tech stocks were pushing higher in early trading, with chipmaker AMD and streaming company Roku each rising more than 1%.The price of U.S. benchmark West Texas Intermediate fell below $100 per barrel as the Biden administration pledged to release more strategic oil reserves.Video game retailer GameStop Corp said on Thursday it would seek shareholder approval for a stock split, aiming to become the latest U.S. company to make it easier for retail investors to own its shares.The firm's shares jumped 10% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038549928,"gmtCreate":1646874041566,"gmtModify":1676534172128,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like please ","listText":"Like please ","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038549928","repostId":"1157057946","repostType":4,"repost":{"id":"1157057946","kind":"news","pubTimestamp":1646837534,"share":"https://ttm.financial/m/news/1157057946?lang=&edition=fundamental","pubTime":"2022-03-09 22:52","market":"us","language":"en","title":"Tesla May Be Reaching Critical Point","url":"https://stock-news.laohu8.com/highlight/detail?id=1157057946","media":"seekingalpha","summary":"SummaryBerlin, Austin factories likely to start contributing in Q2.Materials inflation will impact the EV demand picture.Elon Musk and Tesla face numerous legal issues.With Russia deciding to invade U","content":"<html><head></head><body><h2>Summary</h2><ul><li>Berlin, Austin factories likely to start contributing in Q2.</li><li>Materials inflation will impact the EV demand picture.</li><li>Elon Musk and Tesla face numerous legal issues.</li></ul><p>With Russia deciding to invade Ukraine recently, electric vehicle maker Tesla (TSLA) has received a lot of attention. With the prices of oil and gasoline soaring, consumers and global governments are looking toward a future of renewable energy and less ICE vehicles. While the overall craziness around Tesla from years back seemed to have settled down, the future of the company could actually be reaching a critical point rather soon.</p><p>Part of the bull case for last year was the opening of two new factories that would help with the company's next leg of growth. As we've seen with a number of past Tesla items, delays ensued, but things are finally progressing. The first deliveries from these factories should start in the coming months, although they aren't likely to make any meaningful contributions until much later this year. In terms of pure volume growth, the Berlin and Austin facilities are more important items for next year's delivery surge.</p><p>Now that these factories are starting to produce vehicles, I'm curious to see how street analysts react. As I've detailed in previous articles, the street has been extremely conservative with regard to Tesla in recent quarters. As the table below shows, one analyst even sees Q4 revenues this year coming in below last year's Q4 total sales figure. Most Tesla bulls see at least an extra 125,000 deliveries in this year's Q4, so how is it possible that the company report lower revenue? These extremely low estimates continue to drag overall averages down, which helps Tesla report delivery, revenue, and earnings beats that don't truly reflect the reality here.</p><p><img src=\"https://static.tigerbbs.com/6a3c38eb92e463dd471485692153ab34\" tg-width=\"640\" tg-height=\"111\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Revenue Estimates(Seeking Alpha Estimates Page)</p><p>As for the current quarter, total revenues are expected to be down a little sequentially, implying flat to slightly higher deliveries. That implies around 310,000 deliveries for Q1, a bit below my current expectation for 324,000. We got decent numbers out of China for January, and we're expected to get February numbers rather soon. Perhaps good data on that front will get the street average up a bit to a more realistic expectation.</p><p>With gasoline prices soaring in recent weeks, the spotlight on electric vehicles has certainly increased. However, Tesla also faces a hit from the Russia situation as the country is a key nickel producer, and other commodity prices have also soared. Cobalt, copper, and lithium carbonate prices are on the rise as well, which could dent Tesla's margins in the coming quarters unless the company raises prices again. The consumers being hurt the most by rising energy prices can't just go out and buy EVs that start at $60,000, which will impact the ongoing shift to electric vehicles.</p><p>Since Tesla unveiled the Cybertruck, for instance, prices of copper have nearly doubled, while cobalt, nickel, and lithium prices have more than doubled. That's going to make it hard for Tesla to achieve that sub $40,000 price point, unless it wants to lose a bit of money. For those arguing about massive battery savings coming up, just remember that the Model 3 starts at nearly $45,000 currently, and that's a much smaller vehicle and one that has been in mass production for years. Tesla is currently estimated to have well over a million reservations for the Cybertruck, so it will be interesting to see how many orders are canceled if prices jump 10%, 25%, or more once the vehicle actually comes to market.</p><p>Perhaps the biggest risk for Tesla currently doesn't actually involve everyday operations, as there are a number of ongoing high profile lawsuits involving the company and or Elon Musk. As the company's10-K filing details, a decision on the lawsuit against the SolarCity acquisition is due in the coming months. A trial related to the 2018 CEO award is scheduled for April, while another case involving the $420 going private transaction is scheduled for trial in May. At the same time, the SECis reportedly looking into Elon and Kimbal Musk for alleged insider trading charges. These legal actions could have widespread ramifications for Tesla, its executives, and board members, but to what degree is uncertain at this point.</p><p>As for Tesla shares, they remain in a very interesting place currently. Despite all the positive potential news for EV and solar lately, the stock has been hit with the overall market. Monday's close below $805 puts the stock well below the average street price target of $958. As the chart below shows, shares have recently lost the 200-day moving average (orange line). Without a rebound in the near term, that sets up the possibility of the dreaded death cross over the next few months, as the 50-day moving average (purple line) could cross below its longer term counterpart.</p><p><img src=\"https://static.tigerbbs.com/b83ea0334f84eaaad7b891873d79b292\" tg-width=\"640\" tg-height=\"267\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Chart With Moving Averages(Yahoo Finance)</p><p>In the end, Tesla may be approaching a key point in its history over the next couple of months. The Berlin and Austin factories are set to start contributing to the growth story, coming at a time where consumers are feeling the pain of higher gas prices thanks to the Russian war in Ukraine. Unfortunately for the company, the shift to EVs may face a stiff headwind if commodity prices continue to soar and make these vehicles much more expensive. While many eyes remain on the business itself, I will really be watching the courtroom as Tesla and Elon Musk face a number of major lawsuits. Investors are hoping the growth story can push this stock to new highs moving forward, but the overall market weakness is limiting upside currently.</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>Tesla May Be Reaching Critical Point</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\">\nTesla May Be Reaching Critical Point\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-09 22:52 GMT+8 <a href=https://seekingalpha.com/article/4493826-tesla-may-be-reaching-critical-point><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBerlin, Austin factories likely to start contributing in Q2.Materials inflation will impact the EV demand picture.Elon Musk and Tesla face numerous legal issues.With Russia deciding to invade ...</p>\n\n<a href=\"https://seekingalpha.com/article/4493826-tesla-may-be-reaching-critical-point\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4493826-tesla-may-be-reaching-critical-point","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157057946","content_text":"SummaryBerlin, Austin factories likely to start contributing in Q2.Materials inflation will impact the EV demand picture.Elon Musk and Tesla face numerous legal issues.With Russia deciding to invade Ukraine recently, electric vehicle maker Tesla (TSLA) has received a lot of attention. With the prices of oil and gasoline soaring, consumers and global governments are looking toward a future of renewable energy and less ICE vehicles. While the overall craziness around Tesla from years back seemed to have settled down, the future of the company could actually be reaching a critical point rather soon.Part of the bull case for last year was the opening of two new factories that would help with the company's next leg of growth. As we've seen with a number of past Tesla items, delays ensued, but things are finally progressing. The first deliveries from these factories should start in the coming months, although they aren't likely to make any meaningful contributions until much later this year. In terms of pure volume growth, the Berlin and Austin facilities are more important items for next year's delivery surge.Now that these factories are starting to produce vehicles, I'm curious to see how street analysts react. As I've detailed in previous articles, the street has been extremely conservative with regard to Tesla in recent quarters. As the table below shows, one analyst even sees Q4 revenues this year coming in below last year's Q4 total sales figure. Most Tesla bulls see at least an extra 125,000 deliveries in this year's Q4, so how is it possible that the company report lower revenue? These extremely low estimates continue to drag overall averages down, which helps Tesla report delivery, revenue, and earnings beats that don't truly reflect the reality here.Tesla Revenue Estimates(Seeking Alpha Estimates Page)As for the current quarter, total revenues are expected to be down a little sequentially, implying flat to slightly higher deliveries. That implies around 310,000 deliveries for Q1, a bit below my current expectation for 324,000. We got decent numbers out of China for January, and we're expected to get February numbers rather soon. Perhaps good data on that front will get the street average up a bit to a more realistic expectation.With gasoline prices soaring in recent weeks, the spotlight on electric vehicles has certainly increased. However, Tesla also faces a hit from the Russia situation as the country is a key nickel producer, and other commodity prices have also soared. Cobalt, copper, and lithium carbonate prices are on the rise as well, which could dent Tesla's margins in the coming quarters unless the company raises prices again. The consumers being hurt the most by rising energy prices can't just go out and buy EVs that start at $60,000, which will impact the ongoing shift to electric vehicles.Since Tesla unveiled the Cybertruck, for instance, prices of copper have nearly doubled, while cobalt, nickel, and lithium prices have more than doubled. That's going to make it hard for Tesla to achieve that sub $40,000 price point, unless it wants to lose a bit of money. For those arguing about massive battery savings coming up, just remember that the Model 3 starts at nearly $45,000 currently, and that's a much smaller vehicle and one that has been in mass production for years. Tesla is currently estimated to have well over a million reservations for the Cybertruck, so it will be interesting to see how many orders are canceled if prices jump 10%, 25%, or more once the vehicle actually comes to market.Perhaps the biggest risk for Tesla currently doesn't actually involve everyday operations, as there are a number of ongoing high profile lawsuits involving the company and or Elon Musk. As the company's10-K filing details, a decision on the lawsuit against the SolarCity acquisition is due in the coming months. A trial related to the 2018 CEO award is scheduled for April, while another case involving the $420 going private transaction is scheduled for trial in May. At the same time, the SECis reportedly looking into Elon and Kimbal Musk for alleged insider trading charges. These legal actions could have widespread ramifications for Tesla, its executives, and board members, but to what degree is uncertain at this point.As for Tesla shares, they remain in a very interesting place currently. Despite all the positive potential news for EV and solar lately, the stock has been hit with the overall market. Monday's close below $805 puts the stock well below the average street price target of $958. As the chart below shows, shares have recently lost the 200-day moving average (orange line). Without a rebound in the near term, that sets up the possibility of the dreaded death cross over the next few months, as the 50-day moving average (purple line) could cross below its longer term counterpart.Tesla Chart With Moving Averages(Yahoo Finance)In the end, Tesla may be approaching a key point in its history over the next couple of months. The Berlin and Austin factories are set to start contributing to the growth story, coming at a time where consumers are feeling the pain of higher gas prices thanks to the Russian war in Ukraine. Unfortunately for the company, the shift to EVs may face a stiff headwind if commodity prices continue to soar and make these vehicles much more expensive. While many eyes remain on the business itself, I will really be watching the courtroom as Tesla and Elon Musk face a number of major lawsuits. Investors are hoping the growth story can push this stock to new highs moving forward, but the overall market weakness is limiting upside currently.","news_type":1},"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031125333,"gmtCreate":1646479621560,"gmtModify":1676534133597,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like please ","listText":"Like please ","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031125333","repostId":"1178979994","repostType":4,"repost":{"id":"1178979994","kind":"news","pubTimestamp":1646440407,"share":"https://ttm.financial/m/news/1178979994?lang=&edition=fundamental","pubTime":"2022-03-05 08:33","market":"us","language":"en","title":"3 Top MLPs to Buy For High Yields","url":"https://stock-news.laohu8.com/highlight/detail?id=1178979994","media":"InvestorPlace","summary":"We believe that investors searching for income consider owning master limited partnerships, or MLPs.","content":"<html><head></head><body><p>We believe that investors searching for income consider owning master limited partnerships, or MLPs. These stocks typically provide very high yields, often in the high single- to low double-digit range.</p><p>Of course, high yields often come with high risk, so investors need to identify high-quality MLPs that are likely to continue to at least maintain, if not raise, their distribution.</p><p>Three of our top high-yield MLPs that we believe will continue to pay high yields to shareholders include:</p><ul><li><b>Enterprise Products Partners</b>(NYSE:<b><u>EPD</u></b>)</li><li><b>KNOT Offshore Partners</b>(NYSE:<b><u>KNOP</u></b>)</li><li><b>Magellan Midstream Partners</b>(NYSE:<b><u>MMP</u></b>)</li></ul><p>Enterprise Products Partners (EPD)</p><p>Our first name for consideration is Enterprise Products Partners, one of the largest MLPs in the industry. The $54.5 billion partnership generates annual revenue of close to $41 billion.</p><p>Enterprise Products Partners stores and transports oil and gas through its massive pipeline system. In total, the partnership has nearly 50,000 miles of pipeline that transport natural gas, natural gas liquids, crude oil, and refined products. Enterprise Products Partners has storage facilities that can hold more than 250 million barrels.</p><p>The partnership’s extensive network of pipeline grants it a diversity of asset and geographic reach. Enterprise Products Partners is also able to pivot its pipeline system to move whatever energy product it wishes. This gives Enterprise Products Partners an asset base that few other in the industry can match. It would be cost prohibitive and maybe even politically impossible for another partnership to try to replicate what the partnership has created.</p><p>Enterprise Products Partners’ collects fees on the materials that it transports and stores, making the partnership a toll road for those wishing to move energy products. This helps to insulate the business from the ups and downs of the energy price cycle.</p><p>Enterprise Products Partners is also well positioned to take advantage of the growing demand for liquefied natural gas and liquefied petroleum gas. The partnership has a number of terminals that will aid the business as the U.S. exports grow in size over the next few years.</p><p>A credit rating of BBB+ and Baa1 from Standard & Poor’s and Moody’s, respectively, means that the partnership has a better balance sheet than the vast majority of MLPs.</p><p>The business is been very successful over the years, which has allowed Enterprise Products Partners to raise its dividend for 23 consecutive years. This includes a 3.3% increase for the February 11th, 2022 payment. Enterprise Products Partners differs from most other companies in that it often raises its dividend every quarter, except for 2021, where the dividend was held constant all four payments. Using the new annualized dividend, distributions have a CAGR of more than 4% over the last decade.</p><p>Shares yield 7.4%, more than five times the average yield of the S&P 500 Index. The dividend also looks to be in very sound ground, as Enterprise Products Partners has an average distributable cash flow per unit payout ratio of 57% over the last decade. Combining this reasonable payout ratio with a distribution coverage ratio of more than 1.6x, Enterprise Products Partners is poised to continue to raise its already generous dividend.</p><p>KNOT Offshore Partners (KNOP)</p><p>Our next pick of MLPs is KNOT Offshore Partners, which owns and operates shuttle tankers in the North Sea and Brazil. The partnership has a market capitalization of $525 million and revenue of $279 million last year.</p><p>Knutsen NYK Offshore tankers AS, which is the sponsor for the partnership, has the responsibility of finding, purchasing, and dropping down of ships to KNOT Offshore Partners. As a result, the business is extremely efficient and has just one employee, its CEO.</p><p>The partnership provides loading, transportation, and storage of crude oil under time charters and bareboat charters. Currently, there are seventeen shuttle tankers in service, most of which has long-term and fixed contracts that must be paid regardless of the price of energy. KNOT Offshore Partners’ shuttle tankers have an average age of just under 8 years, which means that the partnership could see several decades of use from its present fleet.</p><p>Due to its business model, KNOT Offshore Partners hasn’t seen the fluctuations in distributable cash flow per unit that many of its peers have experienced. This is due to its contractual agreements and its ability to see higher rental rates when the price of energy is higher. This pattern is likely to continue as the sponsor could drop down as many as three new shuttle tankers through the end of the year.</p><p>At the time of its most recent quarterly report, KNOT Offshore Partners had a utilization rate of 91.9%. This was below the prior year’s result, but this was due mostly to the timing of a charter contract and mechanical issues with another shuttle.</p><p>KNOT Offshore Partners has maintained the same quarterly distribution of $0.52 per share since the November 13th, 2015 payment. The expected coverage ratio for last year is just 1.2, lower than it has been in recent years. The expected distributable cash flow payout ratio is also higher than normal at 84% for 2021. Historically, the payout ratio has been near 70%. Therefore, we do not anticipate that the partnership will raise its dividend in the near future. The tradeoff to this lack of growth is that shareholders are receiving a 13.4% yield today.</p><p>Even with a high payout ratio and lack of dividend growth, we remain confident that KNOT Offshore Partners will be able to continue making its payments to shareholders. The business model has proven successful at navigating other difficult operating environments and will energy prices surging, KNOT Offshore Partners is expected continuing to see high demand for shuttle tankers.</p><p>Magellan Midstream Partners (MMP)</p><p>Our final pick among MLPs is Magellan Midstream Partners, which operates a vast pipeline network. The partnership is valued at $10.4 billion and has annual revenue of $2.8 billion.</p><p>Like Enterprise Products Partners, Magellan Midstream Partners operates one of the longest pipeline systems of refined products in the country. The partnership operates 9,800 miles of pipeline and 54 terminals used in the transportation of refined products. Two storage facilities can hold 18 million barrels of product as well. The partnership also has 2,200 miles of crude oil pipeline and can store 37 million barrels. Magellan Midstream Partners connects to nearly half of the refining capacity in the U.S., giving it a size and scale that few, if any, are able to compete with.</p><p>Given the breadth of Magellan Midstream Partners’ pipeline and storage network, the partnership is able to offer customers connection between refineries and gas stations and railroads throughout much of the country. As a result, Magellan Midstream Partners’ contracts often include inflation adjusted increases in fees, which is almost certainly benefiting the partnership given the rise in inflation.</p><p>Magellan Midstream Partners has a fee-based model. Less than 10% of operating income is sensitive to energy prices, helping to insulate the partnership against downturns in the market. This could limit some upside potential, but this business model offers some stability in an industry where stability is rare.</p><p>Magellan Midstream Partners had raised its dividend 70 consecutive quarters prior to freezing it due to the Covid-19 pandemic. The partnership last raised its dividend 1% for the November 12th, 2021 payment date. The payout ratio is expected to be 80% for 2021, in-line with the average of the last five years. Leadership also has a coverage ratio target of at least 1.2. Our expected coverage ratio for 2022 of 1.25 is ahead of this target. Shares of the partnership yield 8.5%.</p><p>Final Thoughts</p><p>Investors searching for sources of high yields that are secure don’t often have too many options to choose from. Enterprise Products Partners, KNOT Offshore Partners, and Magellan Midstream Partners are three names we believe can continue to offer investors generous yields that appear safe from a dividend cut.</p><p>Each of these MLPs has competitive advantages that help separate it from the rest of the industry, leading to the generous yields that each offers. Each partnership also has sufficient coverage that a dividend cut does not appear to be imminent.</p><p>This suggests that investors looking for safe and high yields consider adding Enterprise Products Partners, KNOT Offshore Partners, or Magellan Midstream Partners to their portfolio.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top MLPs to Buy For High Yields</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top MLPs to Buy For High Yields\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-05 08:33 GMT+8 <a href=https://investorplace.com/2022/03/3-top-mlps-to-buy-for-high-yields/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We believe that investors searching for income consider owning master limited partnerships, or MLPs. These stocks typically provide very high yields, often in the high single- to low double-digit ...</p>\n\n<a href=\"https://investorplace.com/2022/03/3-top-mlps-to-buy-for-high-yields/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KNOP":"KNOT Offshore Partners LP Common","EPD":"Enterprise Products Partners L.P"},"source_url":"https://investorplace.com/2022/03/3-top-mlps-to-buy-for-high-yields/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178979994","content_text":"We believe that investors searching for income consider owning master limited partnerships, or MLPs. These stocks typically provide very high yields, often in the high single- to low double-digit range.Of course, high yields often come with high risk, so investors need to identify high-quality MLPs that are likely to continue to at least maintain, if not raise, their distribution.Three of our top high-yield MLPs that we believe will continue to pay high yields to shareholders include:Enterprise Products Partners(NYSE:EPD)KNOT Offshore Partners(NYSE:KNOP)Magellan Midstream Partners(NYSE:MMP)Enterprise Products Partners (EPD)Our first name for consideration is Enterprise Products Partners, one of the largest MLPs in the industry. The $54.5 billion partnership generates annual revenue of close to $41 billion.Enterprise Products Partners stores and transports oil and gas through its massive pipeline system. In total, the partnership has nearly 50,000 miles of pipeline that transport natural gas, natural gas liquids, crude oil, and refined products. Enterprise Products Partners has storage facilities that can hold more than 250 million barrels.The partnership’s extensive network of pipeline grants it a diversity of asset and geographic reach. Enterprise Products Partners is also able to pivot its pipeline system to move whatever energy product it wishes. This gives Enterprise Products Partners an asset base that few other in the industry can match. It would be cost prohibitive and maybe even politically impossible for another partnership to try to replicate what the partnership has created.Enterprise Products Partners’ collects fees on the materials that it transports and stores, making the partnership a toll road for those wishing to move energy products. This helps to insulate the business from the ups and downs of the energy price cycle.Enterprise Products Partners is also well positioned to take advantage of the growing demand for liquefied natural gas and liquefied petroleum gas. The partnership has a number of terminals that will aid the business as the U.S. exports grow in size over the next few years.A credit rating of BBB+ and Baa1 from Standard & Poor’s and Moody’s, respectively, means that the partnership has a better balance sheet than the vast majority of MLPs.The business is been very successful over the years, which has allowed Enterprise Products Partners to raise its dividend for 23 consecutive years. This includes a 3.3% increase for the February 11th, 2022 payment. Enterprise Products Partners differs from most other companies in that it often raises its dividend every quarter, except for 2021, where the dividend was held constant all four payments. Using the new annualized dividend, distributions have a CAGR of more than 4% over the last decade.Shares yield 7.4%, more than five times the average yield of the S&P 500 Index. The dividend also looks to be in very sound ground, as Enterprise Products Partners has an average distributable cash flow per unit payout ratio of 57% over the last decade. Combining this reasonable payout ratio with a distribution coverage ratio of more than 1.6x, Enterprise Products Partners is poised to continue to raise its already generous dividend.KNOT Offshore Partners (KNOP)Our next pick of MLPs is KNOT Offshore Partners, which owns and operates shuttle tankers in the North Sea and Brazil. The partnership has a market capitalization of $525 million and revenue of $279 million last year.Knutsen NYK Offshore tankers AS, which is the sponsor for the partnership, has the responsibility of finding, purchasing, and dropping down of ships to KNOT Offshore Partners. As a result, the business is extremely efficient and has just one employee, its CEO.The partnership provides loading, transportation, and storage of crude oil under time charters and bareboat charters. Currently, there are seventeen shuttle tankers in service, most of which has long-term and fixed contracts that must be paid regardless of the price of energy. KNOT Offshore Partners’ shuttle tankers have an average age of just under 8 years, which means that the partnership could see several decades of use from its present fleet.Due to its business model, KNOT Offshore Partners hasn’t seen the fluctuations in distributable cash flow per unit that many of its peers have experienced. This is due to its contractual agreements and its ability to see higher rental rates when the price of energy is higher. This pattern is likely to continue as the sponsor could drop down as many as three new shuttle tankers through the end of the year.At the time of its most recent quarterly report, KNOT Offshore Partners had a utilization rate of 91.9%. This was below the prior year’s result, but this was due mostly to the timing of a charter contract and mechanical issues with another shuttle.KNOT Offshore Partners has maintained the same quarterly distribution of $0.52 per share since the November 13th, 2015 payment. The expected coverage ratio for last year is just 1.2, lower than it has been in recent years. The expected distributable cash flow payout ratio is also higher than normal at 84% for 2021. Historically, the payout ratio has been near 70%. Therefore, we do not anticipate that the partnership will raise its dividend in the near future. The tradeoff to this lack of growth is that shareholders are receiving a 13.4% yield today.Even with a high payout ratio and lack of dividend growth, we remain confident that KNOT Offshore Partners will be able to continue making its payments to shareholders. The business model has proven successful at navigating other difficult operating environments and will energy prices surging, KNOT Offshore Partners is expected continuing to see high demand for shuttle tankers.Magellan Midstream Partners (MMP)Our final pick among MLPs is Magellan Midstream Partners, which operates a vast pipeline network. The partnership is valued at $10.4 billion and has annual revenue of $2.8 billion.Like Enterprise Products Partners, Magellan Midstream Partners operates one of the longest pipeline systems of refined products in the country. The partnership operates 9,800 miles of pipeline and 54 terminals used in the transportation of refined products. Two storage facilities can hold 18 million barrels of product as well. The partnership also has 2,200 miles of crude oil pipeline and can store 37 million barrels. Magellan Midstream Partners connects to nearly half of the refining capacity in the U.S., giving it a size and scale that few, if any, are able to compete with.Given the breadth of Magellan Midstream Partners’ pipeline and storage network, the partnership is able to offer customers connection between refineries and gas stations and railroads throughout much of the country. As a result, Magellan Midstream Partners’ contracts often include inflation adjusted increases in fees, which is almost certainly benefiting the partnership given the rise in inflation.Magellan Midstream Partners has a fee-based model. Less than 10% of operating income is sensitive to energy prices, helping to insulate the partnership against downturns in the market. This could limit some upside potential, but this business model offers some stability in an industry where stability is rare.Magellan Midstream Partners had raised its dividend 70 consecutive quarters prior to freezing it due to the Covid-19 pandemic. The partnership last raised its dividend 1% for the November 12th, 2021 payment date. The payout ratio is expected to be 80% for 2021, in-line with the average of the last five years. Leadership also has a coverage ratio target of at least 1.2. Our expected coverage ratio for 2022 of 1.25 is ahead of this target. Shares of the partnership yield 8.5%.Final ThoughtsInvestors searching for sources of high yields that are secure don’t often have too many options to choose from. Enterprise Products Partners, KNOT Offshore Partners, and Magellan Midstream Partners are three names we believe can continue to offer investors generous yields that appear safe from a dividend cut.Each of these MLPs has competitive advantages that help separate it from the rest of the industry, leading to the generous yields that each offers. Each partnership also has sufficient coverage that a dividend cut does not appear to be imminent.This suggests that investors looking for safe and high yields consider adding Enterprise Products Partners, KNOT Offshore Partners, or Magellan Midstream Partners to their portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9009252414,"gmtCreate":1640703230963,"gmtModify":1676533535247,"author":{"id":"4097904547274900","authorId":"4097904547274900","name":"MyMelody","avatar":"https://static.tigerbbs.com/d6cd6a7b09f47978b230dcda643836b8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097904547274900","authorIdStr":"4097904547274900"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009252414","repostId":"1118096605","repostType":4,"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}