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01-30

ok bro keep taking the Ls

AMD Snatches A Downgrade Ahead Of Q4 Results: What's Going On

01-23

if you guys think ai is not that big, then ur stupid hahahaha, while software is more important than hardware, to power software there must prevailing hardware.

AMD Stock Falls 3% After Cut at Northland As AI "Not As Big As Investors Are Thinking"

01-18

ur retarded bro

Palantir Stock Alert: Sell Into the Next Round of Strength

01-11

bro uve been wrong like 6 quarters in a row. i think you should stop giving any ratings 😂😂😂

Nvidia: I Was Wrong (Rating Upgrade)

01-05

finally a good article but then again swing traders will sell when they gotta sell

Apple Stock: Should Investors Be Worried?

2023-09-07

this has to be one the dumbest post ive read

NVDA Stock: Nvidia Is Becoming the New Bitcoin

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quarterly results and downgraded the stock.","content":"<html><body><p><strong>Advanced Micro Devices, Inc. </strong>(NASDAQ:AMD) shares fell modestly in premarket trading on Tuesday ahead of the company’s fourth-quarter earnings release, which is due after the market close.</p>\n<p>Raymond James analyst <strong>Srini Pajjuri </strong>downgraded AMD shares from a Strong Buy to Outperform but upped his price target from $190 to $195. 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Snatches A Downgrade Ahead Of Q4 Results: What's Going On\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-01-30 22:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Advanced Micro Devices, Inc. </strong>(NASDAQ:AMD) shares fell modestly in premarket trading on Tuesday ahead of the company’s fourth-quarter earnings release, which is due after the market close.</p>\n<p>Raymond James analyst <strong>Srini Pajjuri </strong>downgraded AMD shares from a Strong Buy to Outperform but upped his price target from $190 to $195. The analyst attributed the downgrade to elevated AI revenue expectations. </p>\n<p>Pajjuri noted that the stock is currently trading at 33 times the adjusted non-GAAP estimates for 2025. At this valuation, the stock was already discounting about 20% unit share for AI GPUs, the analyst said, adding that this expectation is closer to his bull-case scenario.</p>\n<p>Applying <strong>Nvidia Corp.’s</strong> (NASDAQ:NVDA) forward P/E multiple of 26 times to AMD, the latter’s current stock price is discounting 2025 earnings per share of $7 compared to the consensus estimate of $5.33.</p>\n<p>The analyst expects AMD’s base business to contribute $3.50 to $4 in earnings per share, and AI GPUs should bring in more than $3, equivalent to $12 billion in revenue or 800,000 units.</p>\n<p>In comparison, Nvidia is likely to have shipped 2 million AI chips in 2023 and remains on track to increase unit shipments to 3.2 million in 2024, Pajjuri said.</p>\n<p>Although the analyst does not rule out AMD’s ability to capture 20% of the AI chip market, he sees it as a tall order.</p>\n<p>AMD is expected to report non-GAAP earnings per share of 77 cents on revenue of $6.12 billion, with analysts modeling a positive surprise premised on strong data server processor demand.</p>\n<p>In premarket, AMD shares fell 0.41% to $177.10, according to Benzinga Pro data.</p>\n<p><em>See Also: Best Artificial Intelligence Stocks</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","AMD":"美国超微公司","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4549":"软银资本持仓","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4548":"巴美列捷福持仓","NVDA":"英伟达","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4529":"IDC概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4532":"文艺复兴科技持仓","BK4592":"伊斯兰概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","GFS":"GLOBALFOUNDRIES Inc.","BK4534":"瑞士信贷持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4575":"芯片概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4527":"明星科技股","BK4543":"AI","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4579":"人工智能","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BK4141":"半导体产品","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4573":"虚拟现实"},"source_url":"https://www.benzinga.com/news/earnings/24/01/36844835/amd-snatches-a-downgrade-ahead-of-q4-results-whats-going-on","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2407351288","content_text":"Advanced Micro Devices, Inc. (NASDAQ:AMD) shares fell modestly in premarket trading on Tuesday ahead of the company’s fourth-quarter earnings release, which is due after the market close.\nRaymond James analyst Srini Pajjuri downgraded AMD shares from a Strong Buy to Outperform but upped his price target from $190 to $195. The analyst attributed the downgrade to elevated AI revenue expectations. \nPajjuri noted that the stock is currently trading at 33 times the adjusted non-GAAP estimates for 2025. At this valuation, the stock was already discounting about 20% unit share for AI GPUs, the analyst said, adding that this expectation is closer to his bull-case scenario.\nApplying Nvidia Corp.’s (NASDAQ:NVDA) forward P/E multiple of 26 times to AMD, the latter’s current stock price is discounting 2025 earnings per share of $7 compared to the consensus estimate of $5.33.\nThe analyst expects AMD’s base business to contribute $3.50 to $4 in earnings per share, and AI GPUs should bring in more than $3, equivalent to $12 billion in revenue or 800,000 units.\nIn comparison, Nvidia is likely to have shipped 2 million AI chips in 2023 and remains on track to increase unit shipments to 3.2 million in 2024, Pajjuri said.\nAlthough the analyst does not rule out AMD’s ability to capture 20% of the AI chip market, he sees it as a tall order.\nAMD is expected to report non-GAAP earnings per share of 77 cents on revenue of $6.12 billion, with analysts modeling a positive surprise premised on strong data server processor demand.\nIn premarket, AMD shares fell 0.41% to $177.10, according to Benzinga Pro data.\nSee Also: Best Artificial Intelligence Stocks","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266035832021280,"gmtCreate":1705970700741,"gmtModify":1705974022763,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4111292551867922","idStr":"4111292551867922"},"themes":[],"htmlText":"if you guys think ai is not that big, then ur stupid hahahaha, while software is more important than hardware, to power software there must prevailing hardware.","listText":"if you guys think ai is not that big, then ur stupid hahahaha, while software is more important than hardware, to power software there must prevailing hardware.","text":"if you guys think ai is not that big, then ur stupid hahahaha, while software is more important than hardware, to power software there must prevailing hardware.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266035832021280","repostId":"2405702179","repostType":2,"repost":{"id":"2405702179","pubTimestamp":1705935639,"share":"https://ttm.financial/m/news/2405702179?lang=&edition=fundamental","pubTime":"2024-01-22 23:00","market":"us","language":"en","title":"AMD Stock Falls 3% After Cut at Northland As AI \"Not As Big As Investors Are Thinking\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2405702179","media":"Investing.com","summary":"AMD (NASDAQ: AMD) was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target ...(Premium-only article. Please sign in or upgrade to SI Premium to view.)","content":"<html><head></head><body><p>AMD was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.</p><p>AMD stock fell 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b54f857b68e0bf73342fae8d164bd3e\" tg-width=\"789\" tg-height=\"628\"/></p><p style=\"text-align: left;\">&#34;It&#39;s really big, just not as big as investors are thinking,&#34; analysts at Northland Capital said in a research note.</p><p style=\"text-align: left;\">&#34;While chip prices are cyclically driven by supply and demand, they are flat over the long term,&#34; the analysts noted. &#34;We also believe that AI demand in CY23 was overstated due to double ordering.&#34;</p><p style=\"text-align: left;\">&#34;We forecast AI chip revenue of $125B in CY27 and model AMD with $16B in AI revenue and a 13% market share,&#34; they added.</p><p style=\"text-align: left;\">Northland believes AMD&#39;s shares reflect much higher AI revenue in CY27 than their forecast. With AMD&#39;s shares $6 above the firm&#39;s previous price target and significantly above its upgrade from 7/5/23 before NVDA&#39;s blowout quarter, the firm decided to downgrade the stock.</p></body></html>","source":"investingArticles_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Stock Falls 3% After Cut at Northland As AI \"Not As Big As Investors Are Thinking\"</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\">\nAMD Stock Falls 3% After Cut at Northland As AI \"Not As Big As Investors Are Thinking\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-22 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/stock-market-news/amd-cut-at-northland-as-ai-not-as-big-as-investors-are-thinking-432SI-3279739><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.AMD stock fell 3% in morning ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/amd-cut-at-northland-as-ai-not-as-big-as-investors-are-thinking-432SI-3279739\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.investing.com/news/stock-market-news/amd-cut-at-northland-as-ai-not-as-big-as-investors-are-thinking-432SI-3279739","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2405702179","content_text":"AMD was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.AMD stock fell 3% in morning trading.\"It's really big, just not as big as investors are thinking,\" analysts at Northland Capital said in a research note.\"While chip prices are cyclically driven by supply and demand, they are flat over the long term,\" the analysts noted. \"We also believe that AI demand in CY23 was overstated due to double ordering.\"\"We forecast AI chip revenue of $125B in CY27 and model AMD with $16B in AI revenue and a 13% market share,\" they added.Northland believes AMD's shares reflect much higher AI revenue in CY27 than their forecast. With AMD's shares $6 above the firm's previous price target and significantly above its upgrade from 7/5/23 before NVDA's blowout quarter, the firm decided to downgrade the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264368572821720,"gmtCreate":1705562397026,"gmtModify":1705562888331,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4111292551867922","idStr":"4111292551867922"},"themes":[],"htmlText":"ur retarded bro","listText":"ur retarded bro","text":"ur retarded bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264368572821720","repostId":"2404336753","repostType":2,"repost":{"id":"2404336753","pubTimestamp":1705560417,"share":"https://ttm.financial/m/news/2404336753?lang=&edition=fundamental","pubTime":"2024-01-18 14:46","market":"us","language":"en","title":"Palantir Stock Alert: Sell Into the Next Round of Strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2404336753","media":"InvestorPlace","summary":"PLTR stock may soar after its earnings release next month, but instead of a sign to 'let it ride,' take the money and run when this happens.","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Palantir Technologies</strong> (<strong>PLTR</strong>) shares have pulled back in recent weeks, but the big rally may be less than a month away.</p></li><li><p>Much like the AI software firm rallied post-earnings back in November, a similar scenario could play out for PLTR stock in mid-February.</p></li><li><p>However, instead of being a sign to “let it ride,” consider a strong post-earnings rally to be your cue to sell into strength, as the risk of a reversal remains.</p></li></ul><p><strong>Palantir Technologies</strong> (NYSE: <strong>PLTR</strong>) stock has pulled back since December and appears range-bound. However, this may be a calm before the storm, ahead of the next big move. Shares may surge when the company announces earnings next month, similar to the surge after the last quarterly release.</p><p>Yet while this suggests now is not the time to sell, that doesn’t mean that another year of big gains is ahead. There’s still a risk of a serious reversal. With this, the next round of major strength for the shares won’t be a sign to “let it ride.” Rather, it will be a sign to take the money and run.</p><h2 id=\"id_505404673\">PLTR Stock Post-Earnings</h2><p>When Palantir announced results for the September quarter back on Nov. 2, investors reacted positively. Shares soared over 20% higher on earnings day and kept on gaining in subsequent trading days.</p><p>While the company’s results just slightly beat revenue and earnings forecasts, the PLTR stock post-earnings rally made sense for multiple reasons. First, year-over-year revenue growth of 17% represented a resurgence in growth. During the June quarter, year-over-year revenue growth came in at only 13%.</p><p>Not only that, Palantir reported its fourth consecutive quarter of GAAP profitability. That makes PLTR eligible to join the <strong>S&amp;P 500</strong> index. The company also reported a big year-over-year increase in its commercial customer count. The market was pleased with Palantir’s latest AI Platform updates.</p><p>Next month, it’s possible that PLTR reports similar figures (re-accelerating growth, continued increases in its commercial book of business). Another profitable quarter may increase excitement about PLTR’s potential inclusion in the S&amp;P 500. All of this could drive another double-digit post-earnings rally for shares.</p><h2 id=\"id_2299859322\">Why Then, is it Best to Sell After the Next Rip?</h2><p>I know what you’re thinking. If PLTR stock soars again on the heels of a well-received earnings release, why sell? Yes, it may seem at first that factors like a continued growth resurgence could result in another strong year of price performance for shares.</p><p>With this, you may think selling now could prove to be a regrettable move in hindsight. Palantir’s future performance is uncertain despite expectations of positive news.</p><p>Although Palantir is experiencing a growth recovery, as Jeffries’ Brent Thill argued in his market-moving downgrade of PLTR (released earlier this month), it may take time for demand to fully recover. A return to prior levels of revenue growth (30% and higher) isn’t likely to happen anytime soon.</p><p>As the year unfolds, revenue and earnings growth may keep re-accelerating, but at a more modest pace. This could, in turn, have a major negative impact on sentiment. The market could go from anticipating a further string of earnings beat to conceding that they went overboard, and a correction is due.</p><h2 id=\"id_2205164584\">Bottom Line: Take Profit Ahead or Right After Earnings</h2><p>While Palantir is experiencing a big increase in commercial market demand (as seen from its growing customer count), results for 2023 could still come in line with sell-side expectations: revenue growth of around 20% and earnings growth in the 16% range.</p><p>While nothing to sneeze at, this level of growth may not be enough to sustain PLTR’s current valuation (57 times forward earnings). Even if a moderate de-rating occurs (say, to a forward multiple in the 30-40 range, on par with other profitable AI stocks), that would mean a retreat back to high single-digit/low-teens prices, representing a considerable drop compared to current prices.</p><p>Still, as PLTR stock could first re-hit $20 per share, before slumping back to below $10 per share, in lieu of taking profit today, plan to make your exit during the next big rally, whether one happens ahead of or right after earnings.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Stock Alert: Sell Into the Next Round of Strength</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Stock Alert: Sell Into the Next Round of Strength\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-18 14:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/?p=2620513><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies (PLTR) shares have pulled back in recent weeks, but the big rally may be less than a month away.Much like the AI software firm rallied post-earnings back in November, a similar ...</p>\n\n<a href=\"https://investorplace.com/?p=2620513\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4543":"AI","BK4547":"WSB热门概念","PLTR":"Palantir Technologies Inc.","BK4588":"碎股","BK4023":"应用软件"},"source_url":"https://investorplace.com/?p=2620513","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404336753","content_text":"Palantir Technologies (PLTR) shares have pulled back in recent weeks, but the big rally may be less than a month away.Much like the AI software firm rallied post-earnings back in November, a similar scenario could play out for PLTR stock in mid-February.However, instead of being a sign to “let it ride,” consider a strong post-earnings rally to be your cue to sell into strength, as the risk of a reversal remains.Palantir Technologies (NYSE: PLTR) stock has pulled back since December and appears range-bound. However, this may be a calm before the storm, ahead of the next big move. Shares may surge when the company announces earnings next month, similar to the surge after the last quarterly release.Yet while this suggests now is not the time to sell, that doesn’t mean that another year of big gains is ahead. There’s still a risk of a serious reversal. With this, the next round of major strength for the shares won’t be a sign to “let it ride.” Rather, it will be a sign to take the money and run.PLTR Stock Post-EarningsWhen Palantir announced results for the September quarter back on Nov. 2, investors reacted positively. Shares soared over 20% higher on earnings day and kept on gaining in subsequent trading days.While the company’s results just slightly beat revenue and earnings forecasts, the PLTR stock post-earnings rally made sense for multiple reasons. First, year-over-year revenue growth of 17% represented a resurgence in growth. During the June quarter, year-over-year revenue growth came in at only 13%.Not only that, Palantir reported its fourth consecutive quarter of GAAP profitability. That makes PLTR eligible to join the S&P 500 index. The company also reported a big year-over-year increase in its commercial customer count. The market was pleased with Palantir’s latest AI Platform updates.Next month, it’s possible that PLTR reports similar figures (re-accelerating growth, continued increases in its commercial book of business). Another profitable quarter may increase excitement about PLTR’s potential inclusion in the S&P 500. All of this could drive another double-digit post-earnings rally for shares.Why Then, is it Best to Sell After the Next Rip?I know what you’re thinking. If PLTR stock soars again on the heels of a well-received earnings release, why sell? Yes, it may seem at first that factors like a continued growth resurgence could result in another strong year of price performance for shares.With this, you may think selling now could prove to be a regrettable move in hindsight. Palantir’s future performance is uncertain despite expectations of positive news.Although Palantir is experiencing a growth recovery, as Jeffries’ Brent Thill argued in his market-moving downgrade of PLTR (released earlier this month), it may take time for demand to fully recover. A return to prior levels of revenue growth (30% and higher) isn’t likely to happen anytime soon.As the year unfolds, revenue and earnings growth may keep re-accelerating, but at a more modest pace. This could, in turn, have a major negative impact on sentiment. The market could go from anticipating a further string of earnings beat to conceding that they went overboard, and a correction is due.Bottom Line: Take Profit Ahead or Right After EarningsWhile Palantir is experiencing a big increase in commercial market demand (as seen from its growing customer count), results for 2023 could still come in line with sell-side expectations: revenue growth of around 20% and earnings growth in the 16% range.While nothing to sneeze at, this level of growth may not be enough to sustain PLTR’s current valuation (57 times forward earnings). Even if a moderate de-rating occurs (say, to a forward multiple in the 30-40 range, on par with other profitable AI stocks), that would mean a retreat back to high single-digit/low-teens prices, representing a considerable drop compared to current prices.Still, as PLTR stock could first re-hit $20 per share, before slumping back to below $10 per share, in lieu of taking profit today, plan to make your exit during the next big rally, whether one happens ahead of or right after earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261725386350792,"gmtCreate":1704908161924,"gmtModify":1704908914744,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4111292551867922","idStr":"4111292551867922"},"themes":[],"htmlText":"bro uve been wrong like 6 quarters in a row. i think you should stop giving any ratings 😂😂😂","listText":"bro uve been wrong like 6 quarters in a row. i think you should stop giving any ratings 😂😂😂","text":"bro uve been wrong like 6 quarters in a row. i think you should stop giving any ratings 😂😂😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261725386350792","repostId":"2402113078","repostType":2,"repost":{"id":"2402113078","pubTimestamp":1704874759,"share":"https://ttm.financial/m/news/2402113078?lang=&edition=fundamental","pubTime":"2024-01-10 16:19","market":"us","language":"en","title":"Nvidia: I Was Wrong (Rating Upgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2402113078","media":"seekingalpha","summary":"I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.But the company's ability to deliver positive EPS surprises has increased my confiden","content":"<html><head></head><body><ul style=\"\"><li><p>I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.</p></li><li><p>But the company&#39;s ability to deliver positive EPS surprises has increased my confidence in its ability to reach its ambitious forecast.</p></li><li><p>I discuss key factors that will determine earnings growth beyond this year and upgrade the stock to a HOLD.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/053e8f7209660fc698c584f5fa3a944e\" tg-width=\"750\" tg-height=\"422\"/></p><p>da-kuk</p><p></p><p>Dear readers,</p><p>I have been fairly bearish on <strong>Nvidia</strong> (NASDAQ:NVDA) ever since the stock reached $400 per share, following the incredible guidance that management issued in their Q1 2023 earnings call. The reason has primarily been valuation and some level of doubt whether the company could actually deliver on such aggressive guidance.</p><p>Most recently I published an article in September, where I urged investors to join me in a pairs trade - selling NVDA and buying ASML Holding (ASML). I considered ASML to be a much safer investment due to a lower P/E and a much less ambitious growth forecast. To date, the trade has paid off, with ASML returning 24.2%, while NVDA has &#34;only&#34; returned 18.8% over the same period.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/583937a62df9168b5a4f79b7bd6de70e\" tg-width=\"640\" tg-height=\"431\"/></p><p>Seeking Alpha</p><p></p><h2 id=\"id_836493534\">Nvidia has surpassed Wall Street&#39;s and my expectations</h2><p>Since those articles, however, NVDA has published additional earnings reports (most recently Q3 2023) and has consistently beat consensus estimates. And we&#39;re not talking small beats either as the company followed an 18% beat in Q1 by a 29% beat in Q2 and an 18% beat in Q3.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4872d213c3f1211f3f52bda3a5debe5b\" tg-width=\"640\" tg-height=\"267\"/></p><p>Seeking Alpha</p><p></p><p>Moreover, with every earnings release, management has upped their forward guidance and analysts have increased their forward consensus expectations. In particular, following the Q2 earnings release, forward earnings expectations have increased by about 60%. More recently, following the Q3 results announcement, they jumped by additional 20%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b96b5c01b1614b919cd499502d6eb4c9\" tg-width=\"640\" tg-height=\"242\"/></p><p>Seeking Alpha</p><p></p><p>Because NVDA&#39;s earnings have grown so fast, the stock no longer trades at 50x 2023e earnings as it did when I wrote my first article. In fact the P/E relative to 2023e earnings has dropped to 39x.</p><p>And while that&#39;s still high, if we look out one year and assume that NVDA will deliver on the consensus forecast for 2024 of additional 66% growth, the forward P/E stands at just 25x. That&#39;s significantly below ASML&#39;s forward P/E of 34x and a bargain for a company of NVDA&#39;s caliber.</p><p>Because NVDA has been able to deliver significant positive EPS surprises in Q2 and Q3, my conviction that NVDA will reach the ambitious forecast EPS of $20 per share next year has increased significantly. I&#39;m far from jumping all in here, but I have to admit that my head has turned a little bit on NVDA.</p><h2 id=\"id_248973603\">Key risk factors</h2><p>There are several factors that will determine whether NVDA hits the 2024 forecast and more importantly what happens to earnings beyond, these are:</p><p><strong>1 - Demand for chips</strong></p><p>There is no doubt that NVDA&#39;s chips are second to none when it comes to training AI models. That&#39;s why they have a nearly 90% market share. But there is a worry that the recent hype has led NVDA&#39;s customers to over-order well over their short-term needs to make sure they have the GPUs needed for projects in the future. While the exact impact of this is hard to estimate, if it is the case, then NVDA could see much lower earnings growth post-2024 and earnings might even decline somewhat which could make the forward P/E relative to 2024e skewed to the downside.</p><p><strong>2 - Competition</strong></p><p>AI is the talk in town right now and understandably competition will try to capture some of NVDA&#39;s market share which is likely to put pressure on NVDA&#39;s industry leading margins. Advanced Micro Devices (AMD) is likely to be strong contender with their Mi300x chip and most big tech firms, including Alphabet (GOOGL) and Microsoft (MSFT) have already announced that they will be developing their own chips.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f89c7f50ab8e61fba484c7bc67d56c82\" tg-width=\"640\" tg-height=\"425\"/></p><p>Main Street Data</p><p></p><p><strong>3 - Use cases for AI</strong></p><p>One of the biggest deciding factors for NVDA&#39;s future earnings will be actual AI use cases. This will determine if the recent hype has been a bubble or the real thing. Over the course of last year, the number of viable use cases has surpassed 100. As we enter 2024, it will be interesting to see companies talk about ways to implement AI into their process to drive additional profitability and it will be even more important to see these starting to be implemented. It&#39;s too early to tell which way it will go, but it sounds plausible that AI could lead to significantly higher productivity and earnings. Moreover, data centers give a solid indication that companies are getting ready to launch their AI applications, as capacity demand at most data centers has been strong lately.</p><p><strong>4 - Geopolitical risks</strong></p><p>AI could be very powerful and therefore countries are understandably fighting to keep it within their own borders. Nowhere is this more evident that the tensions between the U.S. and China. The U.S. government prohibited chip companies, including Nvidia, from exporting cutting-edge technology chips to China. This is obviously not good for business, but just like AMD with their RX7900 chip, Nvidia has been working on designing a slightly weaker chip specifically for the Chinese market. While the risk is hard to ignore, it&#39;s not a dealbreaker in my opinion, especially if you believe that AI and its use cases are going to drive vast productivity improvements.</p><h2 id=\"id_3430790630\">Bottom line</h2><p>Evaluating Nvidia is tricky, because the decision whether to buy depends on your view of future earnings, especially beyond 2025. I was skeptical at first that the company may not deliver on the 2023 and 2024 forecast, but following strong earnings beats and increased guidance and consensus on every call in 2023, I have grown more bullish.</p><p>I do believe that AI will allow for many useful use cases, but I do see over-ordering as a real risk to earnings beyond 2024. As a result, I don&#39;t think investors should put too much weight on the forward P/E of 25x, because it may rise next year if in fact it becomes clear that over-ordering was an issue.</p><p>For this reason, I&#39;m no ready to issue a BUY rating on Nvidia, but I do upgrade the stock to a HOLD for the reasons discussed and I will be watching Q4 2023 results closely on February 21 to confirm my view that the company can deliver on its ambitious forecast.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: I Was Wrong (Rating Upgrade)</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: I Was Wrong (Rating Upgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-10 16:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4662040-nvidia-stock-was-wrong-rating-upgrade-hold><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.But the company's ability to deliver positive EPS surprises has increased my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4662040-nvidia-stock-was-wrong-rating-upgrade-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4575":"芯片概念","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4525":"远程办公概念","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","AMD":"美国超微公司","BK4535":"淡马锡持仓","MSFT":"微软","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4579":"人工智能","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4527":"明星科技股","LU0072462426.USD":"贝莱德全球配置 A2","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","BK4141":"半导体产品","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4588":"碎股","BK4503":"景林资产持仓","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","BK4574":"无人驾驶","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","GOOGL":"谷歌A","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","ASML":"阿斯麦","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4504":"桥水持仓","NVDA":"英伟达","LU0251142724.SGD":"Fidelity America A-SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD"},"source_url":"https://seekingalpha.com/article/4662040-nvidia-stock-was-wrong-rating-upgrade-hold","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2402113078","content_text":"I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.But the company's ability to deliver positive EPS surprises has increased my confidence in its ability to reach its ambitious forecast.I discuss key factors that will determine earnings growth beyond this year and upgrade the stock to a HOLD.da-kukDear readers,I have been fairly bearish on Nvidia (NASDAQ:NVDA) ever since the stock reached $400 per share, following the incredible guidance that management issued in their Q1 2023 earnings call. The reason has primarily been valuation and some level of doubt whether the company could actually deliver on such aggressive guidance.Most recently I published an article in September, where I urged investors to join me in a pairs trade - selling NVDA and buying ASML Holding (ASML). I considered ASML to be a much safer investment due to a lower P/E and a much less ambitious growth forecast. To date, the trade has paid off, with ASML returning 24.2%, while NVDA has \"only\" returned 18.8% over the same period.Seeking AlphaNvidia has surpassed Wall Street's and my expectationsSince those articles, however, NVDA has published additional earnings reports (most recently Q3 2023) and has consistently beat consensus estimates. And we're not talking small beats either as the company followed an 18% beat in Q1 by a 29% beat in Q2 and an 18% beat in Q3.Seeking AlphaMoreover, with every earnings release, management has upped their forward guidance and analysts have increased their forward consensus expectations. In particular, following the Q2 earnings release, forward earnings expectations have increased by about 60%. More recently, following the Q3 results announcement, they jumped by additional 20%.Seeking AlphaBecause NVDA's earnings have grown so fast, the stock no longer trades at 50x 2023e earnings as it did when I wrote my first article. In fact the P/E relative to 2023e earnings has dropped to 39x.And while that's still high, if we look out one year and assume that NVDA will deliver on the consensus forecast for 2024 of additional 66% growth, the forward P/E stands at just 25x. That's significantly below ASML's forward P/E of 34x and a bargain for a company of NVDA's caliber.Because NVDA has been able to deliver significant positive EPS surprises in Q2 and Q3, my conviction that NVDA will reach the ambitious forecast EPS of $20 per share next year has increased significantly. I'm far from jumping all in here, but I have to admit that my head has turned a little bit on NVDA.Key risk factorsThere are several factors that will determine whether NVDA hits the 2024 forecast and more importantly what happens to earnings beyond, these are:1 - Demand for chipsThere is no doubt that NVDA's chips are second to none when it comes to training AI models. That's why they have a nearly 90% market share. But there is a worry that the recent hype has led NVDA's customers to over-order well over their short-term needs to make sure they have the GPUs needed for projects in the future. While the exact impact of this is hard to estimate, if it is the case, then NVDA could see much lower earnings growth post-2024 and earnings might even decline somewhat which could make the forward P/E relative to 2024e skewed to the downside.2 - CompetitionAI is the talk in town right now and understandably competition will try to capture some of NVDA's market share which is likely to put pressure on NVDA's industry leading margins. Advanced Micro Devices (AMD) is likely to be strong contender with their Mi300x chip and most big tech firms, including Alphabet (GOOGL) and Microsoft (MSFT) have already announced that they will be developing their own chips.Main Street Data3 - Use cases for AIOne of the biggest deciding factors for NVDA's future earnings will be actual AI use cases. This will determine if the recent hype has been a bubble or the real thing. Over the course of last year, the number of viable use cases has surpassed 100. As we enter 2024, it will be interesting to see companies talk about ways to implement AI into their process to drive additional profitability and it will be even more important to see these starting to be implemented. It's too early to tell which way it will go, but it sounds plausible that AI could lead to significantly higher productivity and earnings. Moreover, data centers give a solid indication that companies are getting ready to launch their AI applications, as capacity demand at most data centers has been strong lately.4 - Geopolitical risksAI could be very powerful and therefore countries are understandably fighting to keep it within their own borders. Nowhere is this more evident that the tensions between the U.S. and China. The U.S. government prohibited chip companies, including Nvidia, from exporting cutting-edge technology chips to China. This is obviously not good for business, but just like AMD with their RX7900 chip, Nvidia has been working on designing a slightly weaker chip specifically for the Chinese market. While the risk is hard to ignore, it's not a dealbreaker in my opinion, especially if you believe that AI and its use cases are going to drive vast productivity improvements.Bottom lineEvaluating Nvidia is tricky, because the decision whether to buy depends on your view of future earnings, especially beyond 2025. I was skeptical at first that the company may not deliver on the 2023 and 2024 forecast, but following strong earnings beats and increased guidance and consensus on every call in 2023, I have grown more bullish.I do believe that AI will allow for many useful use cases, but I do see over-ordering as a real risk to earnings beyond 2024. As a result, I don't think investors should put too much weight on the forward P/E of 25x, because it may rise next year if in fact it becomes clear that over-ordering was an issue.For this reason, I'm no ready to issue a BUY rating on Nvidia, but I do upgrade the stock to a HOLD for the reasons discussed and I will be watching Q4 2023 results closely on February 21 to confirm my view that the company can deliver on its ambitious forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259874554249272,"gmtCreate":1704456282558,"gmtModify":1704461620127,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4111292551867922","idStr":"4111292551867922"},"themes":[],"htmlText":"finally a good article but then again swing traders will sell when they gotta sell","listText":"finally a good article but then again swing traders will sell when they gotta sell","text":"finally a good article but then again swing traders will sell when they gotta sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259874554249272","repostId":"2400313269","repostType":2,"repost":{"id":"2400313269","pubTimestamp":1704456000,"share":"https://ttm.financial/m/news/2400313269?lang=&edition=fundamental","pubTime":"2024-01-05 20:00","market":"us","language":"en","title":"Apple Stock: Should Investors Be Worried?","url":"https://stock-news.laohu8.com/highlight/detail?id=2400313269","media":"Nasdaq","summary":"Apple (AAPL) Stock: Should Investors Be Worried?","content":"<html><head></head><body><p>It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who owns equities does, whether through a large cap growth fund or an index ETF. I also have a long-term position in the individual stock, which not everybody has, but the fact that the price of AAPL affects just about every investor to some extent makes it worrying when we see the kind of drop that we have witnessed to start this year. As worrying as it is right now, though, it is hardly surprising, nor is it something that is likely to continue for any significant length of time.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c485f272ff5036d3d2e1ee59f20384ef\" alt=\"CREDIT: SHUTTERSTOCK PHOTO\" title=\"CREDIT: SHUTTERSTOCK PHOTO\" tg-width=\"1680\" tg-height=\"852\"/><span>CREDIT: SHUTTERSTOCK PHOTO</span></p><p>It has come about largely because of a couple of downgrades by Wall Street analysts. Piper Sandler cut its rating to neutral from overweight on Thursday, following a cut to underweight from Barclays on Wednesday. Neither of those names is massively influential, of course, and Barclays for one has been wrong on AAPL for some time. They had maintained a price target for the stock of $161, a level not seen since March of 2023, so I’m not sure why anyone is paying that much attention to them cutting that price target by a whole dollar to $160.</p><p>Still, the fact is that the well-publicized downgrades seem to have prompted a roughly five percent drop in the stock over the last couple of days. That kind of move in a mega-cap stock can only come when institutional investors sell, but it is unlikely that the big boys, who all have their own research teams, care much about what Piper Sandler or Barclays think. However, if they were already looking to sell for some reason, reports of a downgrade by anyone would get a reaction, and that is what seems to be happening here.</p><p style=\"text-align: start;\">The question is why might they be looking to sell?</p><p style=\"text-align: start;\">There are two possible reasons for that. It could be because they believe the outlook for Apple has changed significantly, but that isn’t really the case. iPhone sales have been flat for a while, but last year’s optimism about Apple was about projections, not current sales. What hasn’t changed is that there is one thing that will drive growth over the next few years: AI. Apple does not have a great direct AI product at this point, but that isn’t the point. What they do have is the world’s most popular mobile device and a loyal customer base. If history is our guide, AI will be in the mobile space before long, and that will mean a need for product upgrades for most Apple users. Given that, a flat period of sales for iPhones is probably more about pent up demand than saturation or stalling overall growth.</p><p style=\"text-align: start;\">The other possible reason for institutional sales, and a far more likely one, is some profit taking and new year rebalancing. This is a stock that easily beat the broad market in 2023, gaining over fifty percent, so most portfolios will have ended the year overweight AAPL in dollar terms. That makes some position trimming almost inevitable, and any news that could be seen as negative, even a reiteration of an opinion that has been wrong for nine months, will trigger some action. Then, when the stock falls, others will rush to trim their own positions, prompting the kind of acceleration of the down move that we are seeing this morning.</p><p>In short, what this looks like at this point is a normal, healthy retracement in a stock that has outperformed for an extended period of time, the kind of retracement that is often called a consolidation, and which sets up for further gains in the future. At some point, I guess, Apple will become so big that it must cease to grow. However, over the last twelve years of writing at Nasdaq.com, I&#39;ve heard multiple times that point has been reached and, so far, while the bears may have had an occasional month or so in the sun, every pullback has been a buying opportunity for long-term investors like me. I don’t see why this time should be any different.</p></body></html>","source":"lsy1603171495471","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 Stock: Should Investors Be Worried?</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 Stock: Should Investors Be Worried?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-05 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4576":"AR","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4575":"芯片概念","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4512":"苹果概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4505":"高瓴资本持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4574":"无人驾驶","AAPL":"苹果","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0109392836.USD":"富兰克林科技股A","BK4501":"段永平概念","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4507":"流媒体概念","BK4566":"资本集团","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4211":"区域性银行","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4571":"数字音乐概念"},"source_url":"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2400313269","content_text":"It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who owns equities does, whether through a large cap growth fund or an index ETF. I also have a long-term position in the individual stock, which not everybody has, but the fact that the price of AAPL affects just about every investor to some extent makes it worrying when we see the kind of drop that we have witnessed to start this year. As worrying as it is right now, though, it is hardly surprising, nor is it something that is likely to continue for any significant length of time.CREDIT: SHUTTERSTOCK PHOTOIt has come about largely because of a couple of downgrades by Wall Street analysts. Piper Sandler cut its rating to neutral from overweight on Thursday, following a cut to underweight from Barclays on Wednesday. Neither of those names is massively influential, of course, and Barclays for one has been wrong on AAPL for some time. They had maintained a price target for the stock of $161, a level not seen since March of 2023, so I’m not sure why anyone is paying that much attention to them cutting that price target by a whole dollar to $160.Still, the fact is that the well-publicized downgrades seem to have prompted a roughly five percent drop in the stock over the last couple of days. That kind of move in a mega-cap stock can only come when institutional investors sell, but it is unlikely that the big boys, who all have their own research teams, care much about what Piper Sandler or Barclays think. However, if they were already looking to sell for some reason, reports of a downgrade by anyone would get a reaction, and that is what seems to be happening here.The question is why might they be looking to sell?There are two possible reasons for that. It could be because they believe the outlook for Apple has changed significantly, but that isn’t really the case. iPhone sales have been flat for a while, but last year’s optimism about Apple was about projections, not current sales. What hasn’t changed is that there is one thing that will drive growth over the next few years: AI. Apple does not have a great direct AI product at this point, but that isn’t the point. What they do have is the world’s most popular mobile device and a loyal customer base. If history is our guide, AI will be in the mobile space before long, and that will mean a need for product upgrades for most Apple users. Given that, a flat period of sales for iPhones is probably more about pent up demand than saturation or stalling overall growth.The other possible reason for institutional sales, and a far more likely one, is some profit taking and new year rebalancing. This is a stock that easily beat the broad market in 2023, gaining over fifty percent, so most portfolios will have ended the year overweight AAPL in dollar terms. That makes some position trimming almost inevitable, and any news that could be seen as negative, even a reiteration of an opinion that has been wrong for nine months, will trigger some action. Then, when the stock falls, others will rush to trim their own positions, prompting the kind of acceleration of the down move that we are seeing this morning.In short, what this looks like at this point is a normal, healthy retracement in a stock that has outperformed for an extended period of time, the kind of retracement that is often called a consolidation, and which sets up for further gains in the future. At some point, I guess, Apple will become so big that it must cease to grow. However, over the last twelve years of writing at Nasdaq.com, I've heard multiple times that point has been reached and, so far, while the bears may have had an occasional month or so in the sun, every pullback has been a buying opportunity for long-term investors like me. I don’t see why this time should be any different.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":217020563882016,"gmtCreate":1694062201922,"gmtModify":1694065566977,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4111292551867922","idStr":"4111292551867922"},"themes":[],"htmlText":"this has to be one the dumbest post ive read","listText":"this has to be one the dumbest post ive read","text":"this has to be one the dumbest post ive read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/217020563882016","repostId":"2365079739","repostType":2,"repost":{"id":"2365079739","pubTimestamp":1694053820,"share":"https://ttm.financial/m/news/2365079739?lang=&edition=fundamental","pubTime":"2023-09-07 10:30","market":"us","language":"en","title":"NVDA Stock: Nvidia Is Becoming the New Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2365079739","media":"InvestorPlace","summary":"Speculative investors have been pouring money into NVDA stock. Like any other bubble, history tells us this won't end well.","content":"<html><head></head><body><p><strong>Nvidia’s</strong> (NASDAQ:<strong>NVDA</strong>) second-quarter results on Aug. 23 <em>should </em>have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These stunning figures would ordinarily send any stock soaring. Or at least give bulls some hope for future earnings growth.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb75670a6570fb48660fee7ab80e20a\" title=\"Source: Evolf / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Evolf / Shutterstock.com</span></p><p>But investors would have been disappointed on both counts. Nvidia’s stock rose less than 1% over the following week — a tiny fraction of what bulls might have expected. And instead of future developments, Nvidia’s management announced a $25 billion stock buyback program. These programs are typically designed to <em>shrink </em>companies and boost earnings per share once growth begins to slow. <strong>Apple</strong> (NASDAQ:<strong>AAPL</strong>), for instance, started its share buyback program in 2013 just as iPhone profits reached a downward inflection point.</p><p>Instead, the real winners of Nvidia’s boom have been options traders… or at least its market makers. These speculators often care little about what an underlying company does. As long as the underlying asset promises to move in a predictable direction, these gamblers are more than happy to buy in. Activity in Nvidia’s options has risen eightfold since 2021, and InvestorPlace.com contributor Michael Gayed has gone as far as to call Nvidia a “source of liquidity” — a term usually reserved for either the Federal Reserve or “The Bank of Mom and Dad.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc93f2c242f2926870f37222eac03f38\" tg-width=\"1280\" tg-height=\"720\"/></p><p>This isn’t the first time a new technology has become a zero-sum betting game. In 2017, <strong>Bitcoin</strong> (<strong><u>BTC-USD</u></strong>) became a de facto casino after its futures were listed on the highly liquid <strong>Chicago Mercantile Exchange</strong>. Over $50 trillion in Bitcoin has since changed hands despite the crypto’s inability to find many real-world uses. Japanese real estate in the 1990s and Chinese tech stocks of the 2000s share many similarities. At the height of the 2008 and 2014 Chinese stock market bubbles, many day traders admitted to only knowing their investments by their six-digit tickers. As the mystique of artificial intelligence grows, Nvidia’s shares risk falling into the same trap.</p><h2 id=\"id_1687001557\">Castles in the Sky</h2><p>First, it’s important to note that Nvidia has some <em>significant</em> differences from cryptocurrencies. The former is a business that generates cash flow; analysts expect Nvidia to generate up to $30 billion in free cash flow this year. The chipmaker is also a picks-and-shovels play on artificial intelligence, a field with fewer established alternatives to crypto payments. Meanwhile, Bitcoin and other cryptos typically generate no internal cash flows. (Cash generated from staking is more like money-lending). Real-world adoption of these coins also remains limited to a handful of companies and super-fans.</p><p>But Nvidia and Bitcoin also share a lot in common.</p><p>Consider valuation. Today, Nvidia’s $1.13 trillion valuation represents a 240X multiple of trailing earnings, making it the most expensive tech stock based on normalized figures. Even if the chipmaker raises its net income 8X from $4.37 billion to $37.96 billion by fiscal 2026, the company would have to keep increasing that figure by 7.3% per year <em>for the next two decades</em> to justify its current share price of $470.  </p><p>As for its lofty $622 Wall Street price target? Nvidia will have to generate $145 billion of free cash flow by 2042 to justify that valuation, 2.5X more than what <strong>Microsoft</strong> (NASDAQ:<strong>MSFT</strong>) makes today.</p><p>There’s also growing evidence that traders are piling into NVDA stock to gamble. According to Fintel, net gamma exposure to Nvidia’s stock reached as high as $636.61 earlier this week after speculators bought an enormous number of bullish call options. For every 1% Nvidia’s stock price rises, market makers will now lose roughly $636.61 million, compared to $0 in 2022. The entire market capitalization of Nvidia now also turns over once every 30 days, compared to 65-80 days in previous years.</p><p>That makes Nvidia more like Bitcoin than a promising semiconductor stock. As Josh Enomoto notes on our free news site, InvestorPlace.com, target prices are getting driven ever higher by credulous Wall Street analysts.</p><h2 id=\"id_3002569477\">Management Knows Nvidia Isn’t Worth $1.13 Trillion</h2><p>Nvidia’s management clearly understands the disconnect. During the company’s Q2 earnings call, chief financial officer Colette Kress announced that the board approved an additional $25 billion for stock repurchases to add to its remaining $4 billion authorization. The firm also returned roughly $3.4 billion to shareholders during the quarter through share repurchases and dividends. To them, it’s more important to return cash to shareholders at high valuations than it is to hold onto a large war chest.</p><p>This tells us that management has little use for the excess cash that the AI gold rush is creating. Nvidia is a fabless chip designer that outsources its production to third-party providers. Unlike <strong>Intel</strong> (NASDAQ:<strong>INTC</strong>), Nvidia does not need to spend billions on creating “fab” chip factories. It also sees little potential to acquire future growth, like what <strong>Advanced Micro Devices</strong> (NASDAQ:<strong>AMD</strong>) did in its $49 billion acquisition of networking giant Xilinx.</p><p>But speculators seem to care little for such truths. To them, Nvidia is an investment in AI. And the only direction it can go is up. </p><p>According to data from Refinitiv, open interest for bullish call options has exploded in recent weeks. The number of $500 calls due January 2024 has risen more than 175%, even as Nvidia’s stock has flatlined. These risky bets pay nothing unless the stock rises above $500 by early next year. </p><p>Bitcoin saw similarly bullish bets during its 2021 run. Futures contracts for the cryptocurrency traded as high as $65,900 toward the bubble’s peak as investors continued expecting more gains. That story ended as most bubbles do. </p><h2 id=\"id_2787639519\">What Is Nvidia Stock Worth?</h2><p>Realistic estimates now peg Nvidia’s justified value at around $350 per share. This assumes that its free cash flow peaks in 2026 at $52.5 billion before declining to $42.5 billion by 2046 as competitors eat away at the lower end of the market. These figures are still well above Intel’s peak earnings power in the 2010s. </p><p>There’s also a great deal of potential downside. If companies like Microsoft and <strong>Alphabet </strong>(NASDAQ:<strong><u>GOOG</u></strong>, NASDAQ:<strong><u>GOOGL</u></strong>) successfully develop in-house GPUs, Nvidia’s free cash flow could recede to the $5 billion to $10 billion range, sending the stock’s justified value into the $200 range. And if free cash flow collapses back to 2020-22 levels, NVDA stock could sink as low as $110.</p><p>Of course, none of this matters in the short term. The chipmaker is riding a tidal wave of positive sentiment, which means its stock could rise to $600… $800… $1,000… or more. Nothing stopped Bitcoin from peaking at a $1.27 trillion valuation, or altcoins from rising even further. We know from history that speculative assets tend to keep going up in the short run. </p><p>But when the AI hangover eventually comes, we can expect financial historians to ask the age-old question: </p><p><em>“What were they thinking?” </em></p><p>That’s why investors should view Nvidia’s near-$500 price tag with deep suspicion. Companies like <strong>Qualcomm</strong> (NASDAQ:<strong>QCOM</strong>) and Intel trade for roughly a tenth of its valuation from a price-to-earnings standpoint. And though Nvidia is winning the AI revolution so far, history also tells us that no castle in the sky has ever stayed aloft forever.</p></body></html>","source":"investorplace_stock_picks","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>NVDA Stock: Nvidia Is Becoming the New Bitcoin</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\">\nNVDA Stock: Nvidia Is Becoming the New Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-07 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/09/nvda-stock-nvidia-is-becoming-the-new-bitcoin/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia’s (NASDAQ:NVDA) second-quarter results on Aug. 23 should have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These ...</p>\n\n<a href=\"https://investorplace.com/2023/09/nvda-stock-nvidia-is-becoming-the-new-bitcoin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0079474960.USD":"联博美国增长基金A","BK4561":"索罗斯持仓","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4097":"系统软件","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4512":"苹果概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4514":"搜索引擎","BK4516":"特朗普概念","BK4515":"5G概念","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU1046421795.USD":"富达环球科技A-ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","NVDA":"英伟达","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4535":"淡马锡持仓","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4538":"云计算","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4077":"互动媒体与服务","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4141":"半导体产品","LU0238689110.USD":"贝莱德环球动力股票基金"},"source_url":"https://investorplace.com/2023/09/nvda-stock-nvidia-is-becoming-the-new-bitcoin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2365079739","content_text":"Nvidia’s (NASDAQ:NVDA) second-quarter results on Aug. 23 should have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These stunning figures would ordinarily send any stock soaring. Or at least give bulls some hope for future earnings growth.Source: Evolf / Shutterstock.comBut investors would have been disappointed on both counts. Nvidia’s stock rose less than 1% over the following week — a tiny fraction of what bulls might have expected. And instead of future developments, Nvidia’s management announced a $25 billion stock buyback program. These programs are typically designed to shrink companies and boost earnings per share once growth begins to slow. Apple (NASDAQ:AAPL), for instance, started its share buyback program in 2013 just as iPhone profits reached a downward inflection point.Instead, the real winners of Nvidia’s boom have been options traders… or at least its market makers. These speculators often care little about what an underlying company does. As long as the underlying asset promises to move in a predictable direction, these gamblers are more than happy to buy in. Activity in Nvidia’s options has risen eightfold since 2021, and InvestorPlace.com contributor Michael Gayed has gone as far as to call Nvidia a “source of liquidity” — a term usually reserved for either the Federal Reserve or “The Bank of Mom and Dad.”This isn’t the first time a new technology has become a zero-sum betting game. In 2017, Bitcoin (BTC-USD) became a de facto casino after its futures were listed on the highly liquid Chicago Mercantile Exchange. Over $50 trillion in Bitcoin has since changed hands despite the crypto’s inability to find many real-world uses. Japanese real estate in the 1990s and Chinese tech stocks of the 2000s share many similarities. At the height of the 2008 and 2014 Chinese stock market bubbles, many day traders admitted to only knowing their investments by their six-digit tickers. As the mystique of artificial intelligence grows, Nvidia’s shares risk falling into the same trap.Castles in the SkyFirst, it’s important to note that Nvidia has some significant differences from cryptocurrencies. The former is a business that generates cash flow; analysts expect Nvidia to generate up to $30 billion in free cash flow this year. The chipmaker is also a picks-and-shovels play on artificial intelligence, a field with fewer established alternatives to crypto payments. Meanwhile, Bitcoin and other cryptos typically generate no internal cash flows. (Cash generated from staking is more like money-lending). Real-world adoption of these coins also remains limited to a handful of companies and super-fans.But Nvidia and Bitcoin also share a lot in common.Consider valuation. Today, Nvidia’s $1.13 trillion valuation represents a 240X multiple of trailing earnings, making it the most expensive tech stock based on normalized figures. Even if the chipmaker raises its net income 8X from $4.37 billion to $37.96 billion by fiscal 2026, the company would have to keep increasing that figure by 7.3% per year for the next two decades to justify its current share price of $470.  As for its lofty $622 Wall Street price target? Nvidia will have to generate $145 billion of free cash flow by 2042 to justify that valuation, 2.5X more than what Microsoft (NASDAQ:MSFT) makes today.There’s also growing evidence that traders are piling into NVDA stock to gamble. According to Fintel, net gamma exposure to Nvidia’s stock reached as high as $636.61 earlier this week after speculators bought an enormous number of bullish call options. For every 1% Nvidia’s stock price rises, market makers will now lose roughly $636.61 million, compared to $0 in 2022. The entire market capitalization of Nvidia now also turns over once every 30 days, compared to 65-80 days in previous years.That makes Nvidia more like Bitcoin than a promising semiconductor stock. As Josh Enomoto notes on our free news site, InvestorPlace.com, target prices are getting driven ever higher by credulous Wall Street analysts.Management Knows Nvidia Isn’t Worth $1.13 TrillionNvidia’s management clearly understands the disconnect. During the company’s Q2 earnings call, chief financial officer Colette Kress announced that the board approved an additional $25 billion for stock repurchases to add to its remaining $4 billion authorization. The firm also returned roughly $3.4 billion to shareholders during the quarter through share repurchases and dividends. To them, it’s more important to return cash to shareholders at high valuations than it is to hold onto a large war chest.This tells us that management has little use for the excess cash that the AI gold rush is creating. Nvidia is a fabless chip designer that outsources its production to third-party providers. Unlike Intel (NASDAQ:INTC), Nvidia does not need to spend billions on creating “fab” chip factories. It also sees little potential to acquire future growth, like what Advanced Micro Devices (NASDAQ:AMD) did in its $49 billion acquisition of networking giant Xilinx.But speculators seem to care little for such truths. To them, Nvidia is an investment in AI. And the only direction it can go is up. According to data from Refinitiv, open interest for bullish call options has exploded in recent weeks. The number of $500 calls due January 2024 has risen more than 175%, even as Nvidia’s stock has flatlined. These risky bets pay nothing unless the stock rises above $500 by early next year. Bitcoin saw similarly bullish bets during its 2021 run. Futures contracts for the cryptocurrency traded as high as $65,900 toward the bubble’s peak as investors continued expecting more gains. That story ended as most bubbles do. What Is Nvidia Stock Worth?Realistic estimates now peg Nvidia’s justified value at around $350 per share. This assumes that its free cash flow peaks in 2026 at $52.5 billion before declining to $42.5 billion by 2046 as competitors eat away at the lower end of the market. These figures are still well above Intel’s peak earnings power in the 2010s. There’s also a great deal of potential downside. If companies like Microsoft and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) successfully develop in-house GPUs, Nvidia’s free cash flow could recede to the $5 billion to $10 billion range, sending the stock’s justified value into the $200 range. And if free cash flow collapses back to 2020-22 levels, NVDA stock could sink as low as $110.Of course, none of this matters in the short term. The chipmaker is riding a tidal wave of positive sentiment, which means its stock could rise to $600… $800… $1,000… or more. Nothing stopped Bitcoin from peaking at a $1.27 trillion valuation, or altcoins from rising even further. We know from history that speculative assets tend to keep going up in the short run. But when the AI hangover eventually comes, we can expect financial historians to ask the age-old question: “What were they thinking?” That’s why investors should view Nvidia’s near-$500 price tag with deep suspicion. Companies like Qualcomm (NASDAQ:QCOM) and Intel trade for roughly a tenth of its valuation from a price-to-earnings standpoint. And though Nvidia is winning the AI revolution so far, history also tells us that no castle in the sky has ever stayed aloft forever.","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4155806237276522","authorId":"4155806237276522","name":"Ng Wee Guan","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4155806237276522","idStr":"4155806237276522"},"content":"I rolled my eyes when i saw the title. Company produces products Bitcoins don’t","text":"I rolled my eyes when i saw the title. Company produces products Bitcoins don’t","html":"I rolled my eyes when i saw the title. Company produces products Bitcoins don’t"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":261725386350792,"gmtCreate":1704908161924,"gmtModify":1704908914744,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4111292551867922","authorIdStr":"4111292551867922"},"themes":[],"htmlText":"bro uve been wrong like 6 quarters in a row. i think you should stop giving any ratings 😂😂😂","listText":"bro uve been wrong like 6 quarters in a row. i think you should stop giving any ratings 😂😂😂","text":"bro uve been wrong like 6 quarters in a row. i think you should stop giving any ratings 😂😂😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261725386350792","repostId":"2402113078","repostType":2,"repost":{"id":"2402113078","pubTimestamp":1704874759,"share":"https://ttm.financial/m/news/2402113078?lang=&edition=fundamental","pubTime":"2024-01-10 16:19","market":"us","language":"en","title":"Nvidia: I Was Wrong (Rating Upgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2402113078","media":"seekingalpha","summary":"I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.But the company's ability to deliver positive EPS surprises has increased my confiden","content":"<html><head></head><body><ul style=\"\"><li><p>I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.</p></li><li><p>But the company&#39;s ability to deliver positive EPS surprises has increased my confidence in its ability to reach its ambitious forecast.</p></li><li><p>I discuss key factors that will determine earnings growth beyond this year and upgrade the stock to a HOLD.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/053e8f7209660fc698c584f5fa3a944e\" tg-width=\"750\" tg-height=\"422\"/></p><p>da-kuk</p><p></p><p>Dear readers,</p><p>I have been fairly bearish on <strong>Nvidia</strong> (NASDAQ:NVDA) ever since the stock reached $400 per share, following the incredible guidance that management issued in their Q1 2023 earnings call. The reason has primarily been valuation and some level of doubt whether the company could actually deliver on such aggressive guidance.</p><p>Most recently I published an article in September, where I urged investors to join me in a pairs trade - selling NVDA and buying ASML Holding (ASML). I considered ASML to be a much safer investment due to a lower P/E and a much less ambitious growth forecast. To date, the trade has paid off, with ASML returning 24.2%, while NVDA has &#34;only&#34; returned 18.8% over the same period.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/583937a62df9168b5a4f79b7bd6de70e\" tg-width=\"640\" tg-height=\"431\"/></p><p>Seeking Alpha</p><p></p><h2 id=\"id_836493534\">Nvidia has surpassed Wall Street&#39;s and my expectations</h2><p>Since those articles, however, NVDA has published additional earnings reports (most recently Q3 2023) and has consistently beat consensus estimates. And we&#39;re not talking small beats either as the company followed an 18% beat in Q1 by a 29% beat in Q2 and an 18% beat in Q3.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4872d213c3f1211f3f52bda3a5debe5b\" tg-width=\"640\" tg-height=\"267\"/></p><p>Seeking Alpha</p><p></p><p>Moreover, with every earnings release, management has upped their forward guidance and analysts have increased their forward consensus expectations. In particular, following the Q2 earnings release, forward earnings expectations have increased by about 60%. More recently, following the Q3 results announcement, they jumped by additional 20%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b96b5c01b1614b919cd499502d6eb4c9\" tg-width=\"640\" tg-height=\"242\"/></p><p>Seeking Alpha</p><p></p><p>Because NVDA&#39;s earnings have grown so fast, the stock no longer trades at 50x 2023e earnings as it did when I wrote my first article. In fact the P/E relative to 2023e earnings has dropped to 39x.</p><p>And while that&#39;s still high, if we look out one year and assume that NVDA will deliver on the consensus forecast for 2024 of additional 66% growth, the forward P/E stands at just 25x. That&#39;s significantly below ASML&#39;s forward P/E of 34x and a bargain for a company of NVDA&#39;s caliber.</p><p>Because NVDA has been able to deliver significant positive EPS surprises in Q2 and Q3, my conviction that NVDA will reach the ambitious forecast EPS of $20 per share next year has increased significantly. I&#39;m far from jumping all in here, but I have to admit that my head has turned a little bit on NVDA.</p><h2 id=\"id_248973603\">Key risk factors</h2><p>There are several factors that will determine whether NVDA hits the 2024 forecast and more importantly what happens to earnings beyond, these are:</p><p><strong>1 - Demand for chips</strong></p><p>There is no doubt that NVDA&#39;s chips are second to none when it comes to training AI models. That&#39;s why they have a nearly 90% market share. But there is a worry that the recent hype has led NVDA&#39;s customers to over-order well over their short-term needs to make sure they have the GPUs needed for projects in the future. While the exact impact of this is hard to estimate, if it is the case, then NVDA could see much lower earnings growth post-2024 and earnings might even decline somewhat which could make the forward P/E relative to 2024e skewed to the downside.</p><p><strong>2 - Competition</strong></p><p>AI is the talk in town right now and understandably competition will try to capture some of NVDA&#39;s market share which is likely to put pressure on NVDA&#39;s industry leading margins. Advanced Micro Devices (AMD) is likely to be strong contender with their Mi300x chip and most big tech firms, including Alphabet (GOOGL) and Microsoft (MSFT) have already announced that they will be developing their own chips.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f89c7f50ab8e61fba484c7bc67d56c82\" tg-width=\"640\" tg-height=\"425\"/></p><p>Main Street Data</p><p></p><p><strong>3 - Use cases for AI</strong></p><p>One of the biggest deciding factors for NVDA&#39;s future earnings will be actual AI use cases. This will determine if the recent hype has been a bubble or the real thing. Over the course of last year, the number of viable use cases has surpassed 100. As we enter 2024, it will be interesting to see companies talk about ways to implement AI into their process to drive additional profitability and it will be even more important to see these starting to be implemented. It&#39;s too early to tell which way it will go, but it sounds plausible that AI could lead to significantly higher productivity and earnings. Moreover, data centers give a solid indication that companies are getting ready to launch their AI applications, as capacity demand at most data centers has been strong lately.</p><p><strong>4 - Geopolitical risks</strong></p><p>AI could be very powerful and therefore countries are understandably fighting to keep it within their own borders. Nowhere is this more evident that the tensions between the U.S. and China. The U.S. government prohibited chip companies, including Nvidia, from exporting cutting-edge technology chips to China. This is obviously not good for business, but just like AMD with their RX7900 chip, Nvidia has been working on designing a slightly weaker chip specifically for the Chinese market. While the risk is hard to ignore, it&#39;s not a dealbreaker in my opinion, especially if you believe that AI and its use cases are going to drive vast productivity improvements.</p><h2 id=\"id_3430790630\">Bottom line</h2><p>Evaluating Nvidia is tricky, because the decision whether to buy depends on your view of future earnings, especially beyond 2025. I was skeptical at first that the company may not deliver on the 2023 and 2024 forecast, but following strong earnings beats and increased guidance and consensus on every call in 2023, I have grown more bullish.</p><p>I do believe that AI will allow for many useful use cases, but I do see over-ordering as a real risk to earnings beyond 2024. As a result, I don&#39;t think investors should put too much weight on the forward P/E of 25x, because it may rise next year if in fact it becomes clear that over-ordering was an issue.</p><p>For this reason, I&#39;m no ready to issue a BUY rating on Nvidia, but I do upgrade the stock to a HOLD for the reasons discussed and I will be watching Q4 2023 results closely on February 21 to confirm my view that the company can deliver on its ambitious forecast.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: I Was Wrong (Rating Upgrade)</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: I Was Wrong (Rating Upgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-10 16:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4662040-nvidia-stock-was-wrong-rating-upgrade-hold><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.But the company's ability to deliver positive EPS surprises has increased my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4662040-nvidia-stock-was-wrong-rating-upgrade-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4575":"芯片概念","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4525":"远程办公概念","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","AMD":"美国超微公司","BK4535":"淡马锡持仓","MSFT":"微软","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4579":"人工智能","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4527":"明星科技股","LU0072462426.USD":"贝莱德全球配置 A2","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","BK4141":"半导体产品","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4588":"碎股","BK4503":"景林资产持仓","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","BK4574":"无人驾驶","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","GOOGL":"谷歌A","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","ASML":"阿斯麦","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4504":"桥水持仓","NVDA":"英伟达","LU0251142724.SGD":"Fidelity America A-SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD"},"source_url":"https://seekingalpha.com/article/4662040-nvidia-stock-was-wrong-rating-upgrade-hold","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2402113078","content_text":"I have been bearish on Nvidia since it reached above the $400 level and have suggested buying ASML Holding instead.But the company's ability to deliver positive EPS surprises has increased my confidence in its ability to reach its ambitious forecast.I discuss key factors that will determine earnings growth beyond this year and upgrade the stock to a HOLD.da-kukDear readers,I have been fairly bearish on Nvidia (NASDAQ:NVDA) ever since the stock reached $400 per share, following the incredible guidance that management issued in their Q1 2023 earnings call. The reason has primarily been valuation and some level of doubt whether the company could actually deliver on such aggressive guidance.Most recently I published an article in September, where I urged investors to join me in a pairs trade - selling NVDA and buying ASML Holding (ASML). I considered ASML to be a much safer investment due to a lower P/E and a much less ambitious growth forecast. To date, the trade has paid off, with ASML returning 24.2%, while NVDA has \"only\" returned 18.8% over the same period.Seeking AlphaNvidia has surpassed Wall Street's and my expectationsSince those articles, however, NVDA has published additional earnings reports (most recently Q3 2023) and has consistently beat consensus estimates. And we're not talking small beats either as the company followed an 18% beat in Q1 by a 29% beat in Q2 and an 18% beat in Q3.Seeking AlphaMoreover, with every earnings release, management has upped their forward guidance and analysts have increased their forward consensus expectations. In particular, following the Q2 earnings release, forward earnings expectations have increased by about 60%. More recently, following the Q3 results announcement, they jumped by additional 20%.Seeking AlphaBecause NVDA's earnings have grown so fast, the stock no longer trades at 50x 2023e earnings as it did when I wrote my first article. In fact the P/E relative to 2023e earnings has dropped to 39x.And while that's still high, if we look out one year and assume that NVDA will deliver on the consensus forecast for 2024 of additional 66% growth, the forward P/E stands at just 25x. That's significantly below ASML's forward P/E of 34x and a bargain for a company of NVDA's caliber.Because NVDA has been able to deliver significant positive EPS surprises in Q2 and Q3, my conviction that NVDA will reach the ambitious forecast EPS of $20 per share next year has increased significantly. I'm far from jumping all in here, but I have to admit that my head has turned a little bit on NVDA.Key risk factorsThere are several factors that will determine whether NVDA hits the 2024 forecast and more importantly what happens to earnings beyond, these are:1 - Demand for chipsThere is no doubt that NVDA's chips are second to none when it comes to training AI models. That's why they have a nearly 90% market share. But there is a worry that the recent hype has led NVDA's customers to over-order well over their short-term needs to make sure they have the GPUs needed for projects in the future. While the exact impact of this is hard to estimate, if it is the case, then NVDA could see much lower earnings growth post-2024 and earnings might even decline somewhat which could make the forward P/E relative to 2024e skewed to the downside.2 - CompetitionAI is the talk in town right now and understandably competition will try to capture some of NVDA's market share which is likely to put pressure on NVDA's industry leading margins. Advanced Micro Devices (AMD) is likely to be strong contender with their Mi300x chip and most big tech firms, including Alphabet (GOOGL) and Microsoft (MSFT) have already announced that they will be developing their own chips.Main Street Data3 - Use cases for AIOne of the biggest deciding factors for NVDA's future earnings will be actual AI use cases. This will determine if the recent hype has been a bubble or the real thing. Over the course of last year, the number of viable use cases has surpassed 100. As we enter 2024, it will be interesting to see companies talk about ways to implement AI into their process to drive additional profitability and it will be even more important to see these starting to be implemented. It's too early to tell which way it will go, but it sounds plausible that AI could lead to significantly higher productivity and earnings. Moreover, data centers give a solid indication that companies are getting ready to launch their AI applications, as capacity demand at most data centers has been strong lately.4 - Geopolitical risksAI could be very powerful and therefore countries are understandably fighting to keep it within their own borders. Nowhere is this more evident that the tensions between the U.S. and China. The U.S. government prohibited chip companies, including Nvidia, from exporting cutting-edge technology chips to China. This is obviously not good for business, but just like AMD with their RX7900 chip, Nvidia has been working on designing a slightly weaker chip specifically for the Chinese market. While the risk is hard to ignore, it's not a dealbreaker in my opinion, especially if you believe that AI and its use cases are going to drive vast productivity improvements.Bottom lineEvaluating Nvidia is tricky, because the decision whether to buy depends on your view of future earnings, especially beyond 2025. I was skeptical at first that the company may not deliver on the 2023 and 2024 forecast, but following strong earnings beats and increased guidance and consensus on every call in 2023, I have grown more bullish.I do believe that AI will allow for many useful use cases, but I do see over-ordering as a real risk to earnings beyond 2024. As a result, I don't think investors should put too much weight on the forward P/E of 25x, because it may rise next year if in fact it becomes clear that over-ordering was an issue.For this reason, I'm no ready to issue a BUY rating on Nvidia, but I do upgrade the stock to a HOLD for the reasons discussed and I will be watching Q4 2023 results closely on February 21 to confirm my view that the company can deliver on its ambitious forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259874554249272,"gmtCreate":1704456282558,"gmtModify":1704461620127,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4111292551867922","authorIdStr":"4111292551867922"},"themes":[],"htmlText":"finally a good article but then again swing traders will sell when they gotta sell","listText":"finally a good article but then again swing traders will sell when they gotta sell","text":"finally a good article but then again swing traders will sell when they gotta sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259874554249272","repostId":"2400313269","repostType":2,"repost":{"id":"2400313269","pubTimestamp":1704456000,"share":"https://ttm.financial/m/news/2400313269?lang=&edition=fundamental","pubTime":"2024-01-05 20:00","market":"us","language":"en","title":"Apple Stock: Should Investors Be Worried?","url":"https://stock-news.laohu8.com/highlight/detail?id=2400313269","media":"Nasdaq","summary":"Apple (AAPL) Stock: Should Investors Be Worried?","content":"<html><head></head><body><p>It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who owns equities does, whether through a large cap growth fund or an index ETF. I also have a long-term position in the individual stock, which not everybody has, but the fact that the price of AAPL affects just about every investor to some extent makes it worrying when we see the kind of drop that we have witnessed to start this year. As worrying as it is right now, though, it is hardly surprising, nor is it something that is likely to continue for any significant length of time.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c485f272ff5036d3d2e1ee59f20384ef\" alt=\"CREDIT: SHUTTERSTOCK PHOTO\" title=\"CREDIT: SHUTTERSTOCK PHOTO\" tg-width=\"1680\" tg-height=\"852\"/><span>CREDIT: SHUTTERSTOCK PHOTO</span></p><p>It has come about largely because of a couple of downgrades by Wall Street analysts. Piper Sandler cut its rating to neutral from overweight on Thursday, following a cut to underweight from Barclays on Wednesday. Neither of those names is massively influential, of course, and Barclays for one has been wrong on AAPL for some time. They had maintained a price target for the stock of $161, a level not seen since March of 2023, so I’m not sure why anyone is paying that much attention to them cutting that price target by a whole dollar to $160.</p><p>Still, the fact is that the well-publicized downgrades seem to have prompted a roughly five percent drop in the stock over the last couple of days. That kind of move in a mega-cap stock can only come when institutional investors sell, but it is unlikely that the big boys, who all have their own research teams, care much about what Piper Sandler or Barclays think. However, if they were already looking to sell for some reason, reports of a downgrade by anyone would get a reaction, and that is what seems to be happening here.</p><p style=\"text-align: start;\">The question is why might they be looking to sell?</p><p style=\"text-align: start;\">There are two possible reasons for that. It could be because they believe the outlook for Apple has changed significantly, but that isn’t really the case. iPhone sales have been flat for a while, but last year’s optimism about Apple was about projections, not current sales. What hasn’t changed is that there is one thing that will drive growth over the next few years: AI. Apple does not have a great direct AI product at this point, but that isn’t the point. What they do have is the world’s most popular mobile device and a loyal customer base. If history is our guide, AI will be in the mobile space before long, and that will mean a need for product upgrades for most Apple users. Given that, a flat period of sales for iPhones is probably more about pent up demand than saturation or stalling overall growth.</p><p style=\"text-align: start;\">The other possible reason for institutional sales, and a far more likely one, is some profit taking and new year rebalancing. This is a stock that easily beat the broad market in 2023, gaining over fifty percent, so most portfolios will have ended the year overweight AAPL in dollar terms. That makes some position trimming almost inevitable, and any news that could be seen as negative, even a reiteration of an opinion that has been wrong for nine months, will trigger some action. Then, when the stock falls, others will rush to trim their own positions, prompting the kind of acceleration of the down move that we are seeing this morning.</p><p>In short, what this looks like at this point is a normal, healthy retracement in a stock that has outperformed for an extended period of time, the kind of retracement that is often called a consolidation, and which sets up for further gains in the future. At some point, I guess, Apple will become so big that it must cease to grow. However, over the last twelve years of writing at Nasdaq.com, I&#39;ve heard multiple times that point has been reached and, so far, while the bears may have had an occasional month or so in the sun, every pullback has been a buying opportunity for long-term investors like me. I don’t see why this time should be any different.</p></body></html>","source":"lsy1603171495471","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 Stock: Should Investors Be Worried?</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 Stock: Should Investors Be Worried?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-05 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4576":"AR","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4575":"芯片概念","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4512":"苹果概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4505":"高瓴资本持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4574":"无人驾驶","AAPL":"苹果","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0109392836.USD":"富兰克林科技股A","BK4501":"段永平概念","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4507":"流媒体概念","BK4566":"资本集团","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4211":"区域性银行","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4571":"数字音乐概念"},"source_url":"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2400313269","content_text":"It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who owns equities does, whether through a large cap growth fund or an index ETF. I also have a long-term position in the individual stock, which not everybody has, but the fact that the price of AAPL affects just about every investor to some extent makes it worrying when we see the kind of drop that we have witnessed to start this year. As worrying as it is right now, though, it is hardly surprising, nor is it something that is likely to continue for any significant length of time.CREDIT: SHUTTERSTOCK PHOTOIt has come about largely because of a couple of downgrades by Wall Street analysts. Piper Sandler cut its rating to neutral from overweight on Thursday, following a cut to underweight from Barclays on Wednesday. Neither of those names is massively influential, of course, and Barclays for one has been wrong on AAPL for some time. They had maintained a price target for the stock of $161, a level not seen since March of 2023, so I’m not sure why anyone is paying that much attention to them cutting that price target by a whole dollar to $160.Still, the fact is that the well-publicized downgrades seem to have prompted a roughly five percent drop in the stock over the last couple of days. That kind of move in a mega-cap stock can only come when institutional investors sell, but it is unlikely that the big boys, who all have their own research teams, care much about what Piper Sandler or Barclays think. However, if they were already looking to sell for some reason, reports of a downgrade by anyone would get a reaction, and that is what seems to be happening here.The question is why might they be looking to sell?There are two possible reasons for that. It could be because they believe the outlook for Apple has changed significantly, but that isn’t really the case. iPhone sales have been flat for a while, but last year’s optimism about Apple was about projections, not current sales. What hasn’t changed is that there is one thing that will drive growth over the next few years: AI. Apple does not have a great direct AI product at this point, but that isn’t the point. What they do have is the world’s most popular mobile device and a loyal customer base. If history is our guide, AI will be in the mobile space before long, and that will mean a need for product upgrades for most Apple users. Given that, a flat period of sales for iPhones is probably more about pent up demand than saturation or stalling overall growth.The other possible reason for institutional sales, and a far more likely one, is some profit taking and new year rebalancing. This is a stock that easily beat the broad market in 2023, gaining over fifty percent, so most portfolios will have ended the year overweight AAPL in dollar terms. That makes some position trimming almost inevitable, and any news that could be seen as negative, even a reiteration of an opinion that has been wrong for nine months, will trigger some action. Then, when the stock falls, others will rush to trim their own positions, prompting the kind of acceleration of the down move that we are seeing this morning.In short, what this looks like at this point is a normal, healthy retracement in a stock that has outperformed for an extended period of time, the kind of retracement that is often called a consolidation, and which sets up for further gains in the future. At some point, I guess, Apple will become so big that it must cease to grow. However, over the last twelve years of writing at Nasdaq.com, I've heard multiple times that point has been reached and, so far, while the bears may have had an occasional month or so in the sun, every pullback has been a buying opportunity for long-term investors like me. I don’t see why this time should be any different.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":217020563882016,"gmtCreate":1694062201922,"gmtModify":1694065566977,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4111292551867922","authorIdStr":"4111292551867922"},"themes":[],"htmlText":"this has to be one the dumbest post ive read","listText":"this has to be one the dumbest post ive read","text":"this has to be one the dumbest post ive read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/217020563882016","repostId":"2365079739","repostType":2,"repost":{"id":"2365079739","pubTimestamp":1694053820,"share":"https://ttm.financial/m/news/2365079739?lang=&edition=fundamental","pubTime":"2023-09-07 10:30","market":"us","language":"en","title":"NVDA Stock: Nvidia Is Becoming the New Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2365079739","media":"InvestorPlace","summary":"Speculative investors have been pouring money into NVDA stock. Like any other bubble, history tells us this won't end well.","content":"<html><head></head><body><p><strong>Nvidia’s</strong> (NASDAQ:<strong>NVDA</strong>) second-quarter results on Aug. 23 <em>should </em>have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These stunning figures would ordinarily send any stock soaring. Or at least give bulls some hope for future earnings growth.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb75670a6570fb48660fee7ab80e20a\" title=\"Source: Evolf / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Evolf / Shutterstock.com</span></p><p>But investors would have been disappointed on both counts. Nvidia’s stock rose less than 1% over the following week — a tiny fraction of what bulls might have expected. And instead of future developments, Nvidia’s management announced a $25 billion stock buyback program. These programs are typically designed to <em>shrink </em>companies and boost earnings per share once growth begins to slow. <strong>Apple</strong> (NASDAQ:<strong>AAPL</strong>), for instance, started its share buyback program in 2013 just as iPhone profits reached a downward inflection point.</p><p>Instead, the real winners of Nvidia’s boom have been options traders… or at least its market makers. These speculators often care little about what an underlying company does. As long as the underlying asset promises to move in a predictable direction, these gamblers are more than happy to buy in. Activity in Nvidia’s options has risen eightfold since 2021, and InvestorPlace.com contributor Michael Gayed has gone as far as to call Nvidia a “source of liquidity” — a term usually reserved for either the Federal Reserve or “The Bank of Mom and Dad.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc93f2c242f2926870f37222eac03f38\" tg-width=\"1280\" tg-height=\"720\"/></p><p>This isn’t the first time a new technology has become a zero-sum betting game. In 2017, <strong>Bitcoin</strong> (<strong><u>BTC-USD</u></strong>) became a de facto casino after its futures were listed on the highly liquid <strong>Chicago Mercantile Exchange</strong>. Over $50 trillion in Bitcoin has since changed hands despite the crypto’s inability to find many real-world uses. Japanese real estate in the 1990s and Chinese tech stocks of the 2000s share many similarities. At the height of the 2008 and 2014 Chinese stock market bubbles, many day traders admitted to only knowing their investments by their six-digit tickers. As the mystique of artificial intelligence grows, Nvidia’s shares risk falling into the same trap.</p><h2 id=\"id_1687001557\">Castles in the Sky</h2><p>First, it’s important to note that Nvidia has some <em>significant</em> differences from cryptocurrencies. The former is a business that generates cash flow; analysts expect Nvidia to generate up to $30 billion in free cash flow this year. The chipmaker is also a picks-and-shovels play on artificial intelligence, a field with fewer established alternatives to crypto payments. Meanwhile, Bitcoin and other cryptos typically generate no internal cash flows. (Cash generated from staking is more like money-lending). Real-world adoption of these coins also remains limited to a handful of companies and super-fans.</p><p>But Nvidia and Bitcoin also share a lot in common.</p><p>Consider valuation. Today, Nvidia’s $1.13 trillion valuation represents a 240X multiple of trailing earnings, making it the most expensive tech stock based on normalized figures. Even if the chipmaker raises its net income 8X from $4.37 billion to $37.96 billion by fiscal 2026, the company would have to keep increasing that figure by 7.3% per year <em>for the next two decades</em> to justify its current share price of $470.  </p><p>As for its lofty $622 Wall Street price target? Nvidia will have to generate $145 billion of free cash flow by 2042 to justify that valuation, 2.5X more than what <strong>Microsoft</strong> (NASDAQ:<strong>MSFT</strong>) makes today.</p><p>There’s also growing evidence that traders are piling into NVDA stock to gamble. According to Fintel, net gamma exposure to Nvidia’s stock reached as high as $636.61 earlier this week after speculators bought an enormous number of bullish call options. For every 1% Nvidia’s stock price rises, market makers will now lose roughly $636.61 million, compared to $0 in 2022. The entire market capitalization of Nvidia now also turns over once every 30 days, compared to 65-80 days in previous years.</p><p>That makes Nvidia more like Bitcoin than a promising semiconductor stock. As Josh Enomoto notes on our free news site, InvestorPlace.com, target prices are getting driven ever higher by credulous Wall Street analysts.</p><h2 id=\"id_3002569477\">Management Knows Nvidia Isn’t Worth $1.13 Trillion</h2><p>Nvidia’s management clearly understands the disconnect. During the company’s Q2 earnings call, chief financial officer Colette Kress announced that the board approved an additional $25 billion for stock repurchases to add to its remaining $4 billion authorization. The firm also returned roughly $3.4 billion to shareholders during the quarter through share repurchases and dividends. To them, it’s more important to return cash to shareholders at high valuations than it is to hold onto a large war chest.</p><p>This tells us that management has little use for the excess cash that the AI gold rush is creating. Nvidia is a fabless chip designer that outsources its production to third-party providers. Unlike <strong>Intel</strong> (NASDAQ:<strong>INTC</strong>), Nvidia does not need to spend billions on creating “fab” chip factories. It also sees little potential to acquire future growth, like what <strong>Advanced Micro Devices</strong> (NASDAQ:<strong>AMD</strong>) did in its $49 billion acquisition of networking giant Xilinx.</p><p>But speculators seem to care little for such truths. To them, Nvidia is an investment in AI. And the only direction it can go is up. </p><p>According to data from Refinitiv, open interest for bullish call options has exploded in recent weeks. The number of $500 calls due January 2024 has risen more than 175%, even as Nvidia’s stock has flatlined. These risky bets pay nothing unless the stock rises above $500 by early next year. </p><p>Bitcoin saw similarly bullish bets during its 2021 run. Futures contracts for the cryptocurrency traded as high as $65,900 toward the bubble’s peak as investors continued expecting more gains. That story ended as most bubbles do. </p><h2 id=\"id_2787639519\">What Is Nvidia Stock Worth?</h2><p>Realistic estimates now peg Nvidia’s justified value at around $350 per share. This assumes that its free cash flow peaks in 2026 at $52.5 billion before declining to $42.5 billion by 2046 as competitors eat away at the lower end of the market. These figures are still well above Intel’s peak earnings power in the 2010s. </p><p>There’s also a great deal of potential downside. If companies like Microsoft and <strong>Alphabet </strong>(NASDAQ:<strong><u>GOOG</u></strong>, NASDAQ:<strong><u>GOOGL</u></strong>) successfully develop in-house GPUs, Nvidia’s free cash flow could recede to the $5 billion to $10 billion range, sending the stock’s justified value into the $200 range. And if free cash flow collapses back to 2020-22 levels, NVDA stock could sink as low as $110.</p><p>Of course, none of this matters in the short term. The chipmaker is riding a tidal wave of positive sentiment, which means its stock could rise to $600… $800… $1,000… or more. Nothing stopped Bitcoin from peaking at a $1.27 trillion valuation, or altcoins from rising even further. We know from history that speculative assets tend to keep going up in the short run. </p><p>But when the AI hangover eventually comes, we can expect financial historians to ask the age-old question: </p><p><em>“What were they thinking?” </em></p><p>That’s why investors should view Nvidia’s near-$500 price tag with deep suspicion. Companies like <strong>Qualcomm</strong> (NASDAQ:<strong>QCOM</strong>) and Intel trade for roughly a tenth of its valuation from a price-to-earnings standpoint. And though Nvidia is winning the AI revolution so far, history also tells us that no castle in the sky has ever stayed aloft forever.</p></body></html>","source":"investorplace_stock_picks","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>NVDA Stock: Nvidia Is Becoming the New Bitcoin</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\">\nNVDA Stock: Nvidia Is Becoming the New Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-07 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/09/nvda-stock-nvidia-is-becoming-the-new-bitcoin/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia’s (NASDAQ:NVDA) second-quarter results on Aug. 23 should have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These ...</p>\n\n<a href=\"https://investorplace.com/2023/09/nvda-stock-nvidia-is-becoming-the-new-bitcoin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0079474960.USD":"联博美国增长基金A","BK4561":"索罗斯持仓","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4097":"系统软件","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4512":"苹果概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4514":"搜索引擎","BK4516":"特朗普概念","BK4515":"5G概念","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU1046421795.USD":"富达环球科技A-ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","NVDA":"英伟达","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4535":"淡马锡持仓","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4538":"云计算","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4077":"互动媒体与服务","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4141":"半导体产品","LU0238689110.USD":"贝莱德环球动力股票基金"},"source_url":"https://investorplace.com/2023/09/nvda-stock-nvidia-is-becoming-the-new-bitcoin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2365079739","content_text":"Nvidia’s (NASDAQ:NVDA) second-quarter results on Aug. 23 should have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These stunning figures would ordinarily send any stock soaring. Or at least give bulls some hope for future earnings growth.Source: Evolf / Shutterstock.comBut investors would have been disappointed on both counts. Nvidia’s stock rose less than 1% over the following week — a tiny fraction of what bulls might have expected. And instead of future developments, Nvidia’s management announced a $25 billion stock buyback program. These programs are typically designed to shrink companies and boost earnings per share once growth begins to slow. Apple (NASDAQ:AAPL), for instance, started its share buyback program in 2013 just as iPhone profits reached a downward inflection point.Instead, the real winners of Nvidia’s boom have been options traders… or at least its market makers. These speculators often care little about what an underlying company does. As long as the underlying asset promises to move in a predictable direction, these gamblers are more than happy to buy in. Activity in Nvidia’s options has risen eightfold since 2021, and InvestorPlace.com contributor Michael Gayed has gone as far as to call Nvidia a “source of liquidity” — a term usually reserved for either the Federal Reserve or “The Bank of Mom and Dad.”This isn’t the first time a new technology has become a zero-sum betting game. In 2017, Bitcoin (BTC-USD) became a de facto casino after its futures were listed on the highly liquid Chicago Mercantile Exchange. Over $50 trillion in Bitcoin has since changed hands despite the crypto’s inability to find many real-world uses. Japanese real estate in the 1990s and Chinese tech stocks of the 2000s share many similarities. At the height of the 2008 and 2014 Chinese stock market bubbles, many day traders admitted to only knowing their investments by their six-digit tickers. As the mystique of artificial intelligence grows, Nvidia’s shares risk falling into the same trap.Castles in the SkyFirst, it’s important to note that Nvidia has some significant differences from cryptocurrencies. The former is a business that generates cash flow; analysts expect Nvidia to generate up to $30 billion in free cash flow this year. The chipmaker is also a picks-and-shovels play on artificial intelligence, a field with fewer established alternatives to crypto payments. Meanwhile, Bitcoin and other cryptos typically generate no internal cash flows. (Cash generated from staking is more like money-lending). Real-world adoption of these coins also remains limited to a handful of companies and super-fans.But Nvidia and Bitcoin also share a lot in common.Consider valuation. Today, Nvidia’s $1.13 trillion valuation represents a 240X multiple of trailing earnings, making it the most expensive tech stock based on normalized figures. Even if the chipmaker raises its net income 8X from $4.37 billion to $37.96 billion by fiscal 2026, the company would have to keep increasing that figure by 7.3% per year for the next two decades to justify its current share price of $470.  As for its lofty $622 Wall Street price target? Nvidia will have to generate $145 billion of free cash flow by 2042 to justify that valuation, 2.5X more than what Microsoft (NASDAQ:MSFT) makes today.There’s also growing evidence that traders are piling into NVDA stock to gamble. According to Fintel, net gamma exposure to Nvidia’s stock reached as high as $636.61 earlier this week after speculators bought an enormous number of bullish call options. For every 1% Nvidia’s stock price rises, market makers will now lose roughly $636.61 million, compared to $0 in 2022. The entire market capitalization of Nvidia now also turns over once every 30 days, compared to 65-80 days in previous years.That makes Nvidia more like Bitcoin than a promising semiconductor stock. As Josh Enomoto notes on our free news site, InvestorPlace.com, target prices are getting driven ever higher by credulous Wall Street analysts.Management Knows Nvidia Isn’t Worth $1.13 TrillionNvidia’s management clearly understands the disconnect. During the company’s Q2 earnings call, chief financial officer Colette Kress announced that the board approved an additional $25 billion for stock repurchases to add to its remaining $4 billion authorization. The firm also returned roughly $3.4 billion to shareholders during the quarter through share repurchases and dividends. To them, it’s more important to return cash to shareholders at high valuations than it is to hold onto a large war chest.This tells us that management has little use for the excess cash that the AI gold rush is creating. Nvidia is a fabless chip designer that outsources its production to third-party providers. Unlike Intel (NASDAQ:INTC), Nvidia does not need to spend billions on creating “fab” chip factories. It also sees little potential to acquire future growth, like what Advanced Micro Devices (NASDAQ:AMD) did in its $49 billion acquisition of networking giant Xilinx.But speculators seem to care little for such truths. To them, Nvidia is an investment in AI. And the only direction it can go is up. According to data from Refinitiv, open interest for bullish call options has exploded in recent weeks. The number of $500 calls due January 2024 has risen more than 175%, even as Nvidia’s stock has flatlined. These risky bets pay nothing unless the stock rises above $500 by early next year. Bitcoin saw similarly bullish bets during its 2021 run. Futures contracts for the cryptocurrency traded as high as $65,900 toward the bubble’s peak as investors continued expecting more gains. That story ended as most bubbles do. What Is Nvidia Stock Worth?Realistic estimates now peg Nvidia’s justified value at around $350 per share. This assumes that its free cash flow peaks in 2026 at $52.5 billion before declining to $42.5 billion by 2046 as competitors eat away at the lower end of the market. These figures are still well above Intel’s peak earnings power in the 2010s. There’s also a great deal of potential downside. If companies like Microsoft and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) successfully develop in-house GPUs, Nvidia’s free cash flow could recede to the $5 billion to $10 billion range, sending the stock’s justified value into the $200 range. And if free cash flow collapses back to 2020-22 levels, NVDA stock could sink as low as $110.Of course, none of this matters in the short term. The chipmaker is riding a tidal wave of positive sentiment, which means its stock could rise to $600… $800… $1,000… or more. Nothing stopped Bitcoin from peaking at a $1.27 trillion valuation, or altcoins from rising even further. We know from history that speculative assets tend to keep going up in the short run. But when the AI hangover eventually comes, we can expect financial historians to ask the age-old question: “What were they thinking?” That’s why investors should view Nvidia’s near-$500 price tag with deep suspicion. Companies like Qualcomm (NASDAQ:QCOM) and Intel trade for roughly a tenth of its valuation from a price-to-earnings standpoint. And though Nvidia is winning the AI revolution so far, history also tells us that no castle in the sky has ever stayed aloft forever.","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4155806237276522","authorId":"4155806237276522","name":"Ng Wee Guan","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4155806237276522","authorIdStr":"4155806237276522"},"content":"I rolled my eyes when i saw the title. Company produces products Bitcoins don’t","text":"I rolled my eyes when i saw the title. Company produces products Bitcoins don’t","html":"I rolled my eyes when i saw the title. Company produces products Bitcoins don’t"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264368572821720,"gmtCreate":1705562397026,"gmtModify":1705562888331,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4111292551867922","authorIdStr":"4111292551867922"},"themes":[],"htmlText":"ur retarded bro","listText":"ur retarded bro","text":"ur retarded bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264368572821720","repostId":"2404336753","repostType":2,"repost":{"id":"2404336753","pubTimestamp":1705560417,"share":"https://ttm.financial/m/news/2404336753?lang=&edition=fundamental","pubTime":"2024-01-18 14:46","market":"us","language":"en","title":"Palantir Stock Alert: Sell Into the Next Round of Strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2404336753","media":"InvestorPlace","summary":"PLTR stock may soar after its earnings release next month, but instead of a sign to 'let it ride,' take the money and run when this happens.","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Palantir Technologies</strong> (<strong>PLTR</strong>) shares have pulled back in recent weeks, but the big rally may be less than a month away.</p></li><li><p>Much like the AI software firm rallied post-earnings back in November, a similar scenario could play out for PLTR stock in mid-February.</p></li><li><p>However, instead of being a sign to “let it ride,” consider a strong post-earnings rally to be your cue to sell into strength, as the risk of a reversal remains.</p></li></ul><p><strong>Palantir Technologies</strong> (NYSE: <strong>PLTR</strong>) stock has pulled back since December and appears range-bound. However, this may be a calm before the storm, ahead of the next big move. Shares may surge when the company announces earnings next month, similar to the surge after the last quarterly release.</p><p>Yet while this suggests now is not the time to sell, that doesn’t mean that another year of big gains is ahead. There’s still a risk of a serious reversal. With this, the next round of major strength for the shares won’t be a sign to “let it ride.” Rather, it will be a sign to take the money and run.</p><h2 id=\"id_505404673\">PLTR Stock Post-Earnings</h2><p>When Palantir announced results for the September quarter back on Nov. 2, investors reacted positively. Shares soared over 20% higher on earnings day and kept on gaining in subsequent trading days.</p><p>While the company’s results just slightly beat revenue and earnings forecasts, the PLTR stock post-earnings rally made sense for multiple reasons. First, year-over-year revenue growth of 17% represented a resurgence in growth. During the June quarter, year-over-year revenue growth came in at only 13%.</p><p>Not only that, Palantir reported its fourth consecutive quarter of GAAP profitability. That makes PLTR eligible to join the <strong>S&amp;P 500</strong> index. The company also reported a big year-over-year increase in its commercial customer count. The market was pleased with Palantir’s latest AI Platform updates.</p><p>Next month, it’s possible that PLTR reports similar figures (re-accelerating growth, continued increases in its commercial book of business). Another profitable quarter may increase excitement about PLTR’s potential inclusion in the S&amp;P 500. All of this could drive another double-digit post-earnings rally for shares.</p><h2 id=\"id_2299859322\">Why Then, is it Best to Sell After the Next Rip?</h2><p>I know what you’re thinking. If PLTR stock soars again on the heels of a well-received earnings release, why sell? Yes, it may seem at first that factors like a continued growth resurgence could result in another strong year of price performance for shares.</p><p>With this, you may think selling now could prove to be a regrettable move in hindsight. Palantir’s future performance is uncertain despite expectations of positive news.</p><p>Although Palantir is experiencing a growth recovery, as Jeffries’ Brent Thill argued in his market-moving downgrade of PLTR (released earlier this month), it may take time for demand to fully recover. A return to prior levels of revenue growth (30% and higher) isn’t likely to happen anytime soon.</p><p>As the year unfolds, revenue and earnings growth may keep re-accelerating, but at a more modest pace. This could, in turn, have a major negative impact on sentiment. The market could go from anticipating a further string of earnings beat to conceding that they went overboard, and a correction is due.</p><h2 id=\"id_2205164584\">Bottom Line: Take Profit Ahead or Right After Earnings</h2><p>While Palantir is experiencing a big increase in commercial market demand (as seen from its growing customer count), results for 2023 could still come in line with sell-side expectations: revenue growth of around 20% and earnings growth in the 16% range.</p><p>While nothing to sneeze at, this level of growth may not be enough to sustain PLTR’s current valuation (57 times forward earnings). Even if a moderate de-rating occurs (say, to a forward multiple in the 30-40 range, on par with other profitable AI stocks), that would mean a retreat back to high single-digit/low-teens prices, representing a considerable drop compared to current prices.</p><p>Still, as PLTR stock could first re-hit $20 per share, before slumping back to below $10 per share, in lieu of taking profit today, plan to make your exit during the next big rally, whether one happens ahead of or right after earnings.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Stock Alert: Sell Into the Next Round of Strength</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Stock Alert: Sell Into the Next Round of Strength\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-18 14:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/?p=2620513><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies (PLTR) shares have pulled back in recent weeks, but the big rally may be less than a month away.Much like the AI software firm rallied post-earnings back in November, a similar ...</p>\n\n<a href=\"https://investorplace.com/?p=2620513\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4543":"AI","BK4547":"WSB热门概念","PLTR":"Palantir Technologies Inc.","BK4588":"碎股","BK4023":"应用软件"},"source_url":"https://investorplace.com/?p=2620513","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404336753","content_text":"Palantir Technologies (PLTR) shares have pulled back in recent weeks, but the big rally may be less than a month away.Much like the AI software firm rallied post-earnings back in November, a similar scenario could play out for PLTR stock in mid-February.However, instead of being a sign to “let it ride,” consider a strong post-earnings rally to be your cue to sell into strength, as the risk of a reversal remains.Palantir Technologies (NYSE: PLTR) stock has pulled back since December and appears range-bound. However, this may be a calm before the storm, ahead of the next big move. Shares may surge when the company announces earnings next month, similar to the surge after the last quarterly release.Yet while this suggests now is not the time to sell, that doesn’t mean that another year of big gains is ahead. There’s still a risk of a serious reversal. With this, the next round of major strength for the shares won’t be a sign to “let it ride.” Rather, it will be a sign to take the money and run.PLTR Stock Post-EarningsWhen Palantir announced results for the September quarter back on Nov. 2, investors reacted positively. Shares soared over 20% higher on earnings day and kept on gaining in subsequent trading days.While the company’s results just slightly beat revenue and earnings forecasts, the PLTR stock post-earnings rally made sense for multiple reasons. First, year-over-year revenue growth of 17% represented a resurgence in growth. During the June quarter, year-over-year revenue growth came in at only 13%.Not only that, Palantir reported its fourth consecutive quarter of GAAP profitability. That makes PLTR eligible to join the S&P 500 index. The company also reported a big year-over-year increase in its commercial customer count. The market was pleased with Palantir’s latest AI Platform updates.Next month, it’s possible that PLTR reports similar figures (re-accelerating growth, continued increases in its commercial book of business). Another profitable quarter may increase excitement about PLTR’s potential inclusion in the S&P 500. All of this could drive another double-digit post-earnings rally for shares.Why Then, is it Best to Sell After the Next Rip?I know what you’re thinking. If PLTR stock soars again on the heels of a well-received earnings release, why sell? Yes, it may seem at first that factors like a continued growth resurgence could result in another strong year of price performance for shares.With this, you may think selling now could prove to be a regrettable move in hindsight. Palantir’s future performance is uncertain despite expectations of positive news.Although Palantir is experiencing a growth recovery, as Jeffries’ Brent Thill argued in his market-moving downgrade of PLTR (released earlier this month), it may take time for demand to fully recover. A return to prior levels of revenue growth (30% and higher) isn’t likely to happen anytime soon.As the year unfolds, revenue and earnings growth may keep re-accelerating, but at a more modest pace. This could, in turn, have a major negative impact on sentiment. The market could go from anticipating a further string of earnings beat to conceding that they went overboard, and a correction is due.Bottom Line: Take Profit Ahead or Right After EarningsWhile Palantir is experiencing a big increase in commercial market demand (as seen from its growing customer count), results for 2023 could still come in line with sell-side expectations: revenue growth of around 20% and earnings growth in the 16% range.While nothing to sneeze at, this level of growth may not be enough to sustain PLTR’s current valuation (57 times forward earnings). Even if a moderate de-rating occurs (say, to a forward multiple in the 30-40 range, on par with other profitable AI stocks), that would mean a retreat back to high single-digit/low-teens prices, representing a considerable drop compared to current prices.Still, as PLTR stock could first re-hit $20 per share, before slumping back to below $10 per share, in lieu of taking profit today, plan to make your exit during the next big rally, whether one happens ahead of or right after earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268651295289504,"gmtCreate":1706623337335,"gmtModify":1706623343766,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4111292551867922","authorIdStr":"4111292551867922"},"themes":[],"htmlText":"ok bro keep taking the Ls","listText":"ok bro keep taking the Ls","text":"ok bro keep taking the Ls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268651295289504","repostId":"2407351288","repostType":2,"repost":{"id":"2407351288","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1706626304,"share":"https://ttm.financial/m/news/2407351288?lang=&edition=fundamental","pubTime":"2024-01-30 22:51","market":"us","language":"en","title":"AMD Snatches A Downgrade Ahead Of Q4 Results: What's Going On","url":"https://stock-news.laohu8.com/highlight/detail?id=2407351288","media":"Benzinga","summary":"An AMD analysts chose to take a cautious route ahead of the chipmaker&#39;s quarterly results and downgraded the stock.","content":"<html><body><p><strong>Advanced Micro Devices, Inc. </strong>(NASDAQ:AMD) shares fell modestly in premarket trading on Tuesday ahead of the company’s fourth-quarter earnings release, which is due after the market close.</p>\n<p>Raymond James analyst <strong>Srini Pajjuri </strong>downgraded AMD shares from a Strong Buy to Outperform but upped his price target from $190 to $195. The analyst attributed the downgrade to elevated AI revenue expectations. </p>\n<p>Pajjuri noted that the stock is currently trading at 33 times the adjusted non-GAAP estimates for 2025. At this valuation, the stock was already discounting about 20% unit share for AI GPUs, the analyst said, adding that this expectation is closer to his bull-case scenario.</p>\n<p>Applying <strong>Nvidia Corp.’s</strong> (NASDAQ:NVDA) forward P/E multiple of 26 times to AMD, the latter’s current stock price is discounting 2025 earnings per share of $7 compared to the consensus estimate of $5.33.</p>\n<p>The analyst expects AMD’s base business to contribute $3.50 to $4 in earnings per share, and AI GPUs should bring in more than $3, equivalent to $12 billion in revenue or 800,000 units.</p>\n<p>In comparison, Nvidia is likely to have shipped 2 million AI chips in 2023 and remains on track to increase unit shipments to 3.2 million in 2024, Pajjuri said.</p>\n<p>Although the analyst does not rule out AMD’s ability to capture 20% of the AI chip market, he sees it as a tall order.</p>\n<p>AMD is expected to report non-GAAP earnings per share of 77 cents on revenue of $6.12 billion, with analysts modeling a positive surprise premised on strong data server processor demand.</p>\n<p>In premarket, AMD shares fell 0.41% to $177.10, according to Benzinga Pro data.</p>\n<p><em>See Also: Best Artificial Intelligence Stocks</em></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>AMD Snatches A Downgrade Ahead Of Q4 Results: What's Going On</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Snatches A Downgrade Ahead Of Q4 Results: What's Going On\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-01-30 22:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Advanced Micro Devices, Inc. </strong>(NASDAQ:AMD) shares fell modestly in premarket trading on Tuesday ahead of the company’s fourth-quarter earnings release, which is due after the market close.</p>\n<p>Raymond James analyst <strong>Srini Pajjuri </strong>downgraded AMD shares from a Strong Buy to Outperform but upped his price target from $190 to $195. The analyst attributed the downgrade to elevated AI revenue expectations. </p>\n<p>Pajjuri noted that the stock is currently trading at 33 times the adjusted non-GAAP estimates for 2025. At this valuation, the stock was already discounting about 20% unit share for AI GPUs, the analyst said, adding that this expectation is closer to his bull-case scenario.</p>\n<p>Applying <strong>Nvidia Corp.’s</strong> (NASDAQ:NVDA) forward P/E multiple of 26 times to AMD, the latter’s current stock price is discounting 2025 earnings per share of $7 compared to the consensus estimate of $5.33.</p>\n<p>The analyst expects AMD’s base business to contribute $3.50 to $4 in earnings per share, and AI GPUs should bring in more than $3, equivalent to $12 billion in revenue or 800,000 units.</p>\n<p>In comparison, Nvidia is likely to have shipped 2 million AI chips in 2023 and remains on track to increase unit shipments to 3.2 million in 2024, Pajjuri said.</p>\n<p>Although the analyst does not rule out AMD’s ability to capture 20% of the AI chip market, he sees it as a tall order.</p>\n<p>AMD is expected to report non-GAAP earnings per share of 77 cents on revenue of $6.12 billion, with analysts modeling a positive surprise premised on strong data server processor demand.</p>\n<p>In premarket, AMD shares fell 0.41% to $177.10, according to Benzinga Pro data.</p>\n<p><em>See Also: Best Artificial Intelligence Stocks</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","AMD":"美国超微公司","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4549":"软银资本持仓","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4548":"巴美列捷福持仓","NVDA":"英伟达","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4529":"IDC概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4532":"文艺复兴科技持仓","BK4592":"伊斯兰概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","GFS":"GLOBALFOUNDRIES Inc.","BK4534":"瑞士信贷持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4575":"芯片概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4527":"明星科技股","BK4543":"AI","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4579":"人工智能","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BK4141":"半导体产品","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4573":"虚拟现实"},"source_url":"https://www.benzinga.com/news/earnings/24/01/36844835/amd-snatches-a-downgrade-ahead-of-q4-results-whats-going-on","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2407351288","content_text":"Advanced Micro Devices, Inc. (NASDAQ:AMD) shares fell modestly in premarket trading on Tuesday ahead of the company’s fourth-quarter earnings release, which is due after the market close.\nRaymond James analyst Srini Pajjuri downgraded AMD shares from a Strong Buy to Outperform but upped his price target from $190 to $195. The analyst attributed the downgrade to elevated AI revenue expectations. \nPajjuri noted that the stock is currently trading at 33 times the adjusted non-GAAP estimates for 2025. At this valuation, the stock was already discounting about 20% unit share for AI GPUs, the analyst said, adding that this expectation is closer to his bull-case scenario.\nApplying Nvidia Corp.’s (NASDAQ:NVDA) forward P/E multiple of 26 times to AMD, the latter’s current stock price is discounting 2025 earnings per share of $7 compared to the consensus estimate of $5.33.\nThe analyst expects AMD’s base business to contribute $3.50 to $4 in earnings per share, and AI GPUs should bring in more than $3, equivalent to $12 billion in revenue or 800,000 units.\nIn comparison, Nvidia is likely to have shipped 2 million AI chips in 2023 and remains on track to increase unit shipments to 3.2 million in 2024, Pajjuri said.\nAlthough the analyst does not rule out AMD’s ability to capture 20% of the AI chip market, he sees it as a tall order.\nAMD is expected to report non-GAAP earnings per share of 77 cents on revenue of $6.12 billion, with analysts modeling a positive surprise premised on strong data server processor demand.\nIn premarket, AMD shares fell 0.41% to $177.10, according to Benzinga Pro data.\nSee Also: Best Artificial Intelligence Stocks","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266035832021280,"gmtCreate":1705970700741,"gmtModify":1705974022763,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4111292551867922","authorIdStr":"4111292551867922"},"themes":[],"htmlText":"if you guys think ai is not that big, then ur stupid hahahaha, while software is more important than hardware, to power software there must prevailing hardware.","listText":"if you guys think ai is not that big, then ur stupid hahahaha, while software is more important than hardware, to power software there must prevailing hardware.","text":"if you guys think ai is not that big, then ur stupid hahahaha, while software is more important than hardware, to power software there must prevailing hardware.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266035832021280","repostId":"2405702179","repostType":2,"repost":{"id":"2405702179","pubTimestamp":1705935639,"share":"https://ttm.financial/m/news/2405702179?lang=&edition=fundamental","pubTime":"2024-01-22 23:00","market":"us","language":"en","title":"AMD Stock Falls 3% After Cut at Northland As AI \"Not As Big As Investors Are Thinking\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2405702179","media":"Investing.com","summary":"AMD (NASDAQ: AMD) was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target ...(Premium-only article. Please sign in or upgrade to SI Premium to view.)","content":"<html><head></head><body><p>AMD was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.</p><p>AMD stock fell 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b54f857b68e0bf73342fae8d164bd3e\" tg-width=\"789\" tg-height=\"628\"/></p><p style=\"text-align: left;\">&#34;It&#39;s really big, just not as big as investors are thinking,&#34; analysts at Northland Capital said in a research note.</p><p style=\"text-align: left;\">&#34;While chip prices are cyclically driven by supply and demand, they are flat over the long term,&#34; the analysts noted. &#34;We also believe that AI demand in CY23 was overstated due to double ordering.&#34;</p><p style=\"text-align: left;\">&#34;We forecast AI chip revenue of $125B in CY27 and model AMD with $16B in AI revenue and a 13% market share,&#34; they added.</p><p style=\"text-align: left;\">Northland believes AMD&#39;s shares reflect much higher AI revenue in CY27 than their forecast. With AMD&#39;s shares $6 above the firm&#39;s previous price target and significantly above its upgrade from 7/5/23 before NVDA&#39;s blowout quarter, the firm decided to downgrade the stock.</p></body></html>","source":"investingArticles_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Stock Falls 3% After Cut at Northland As AI \"Not As Big As Investors Are Thinking\"</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Stock Falls 3% After Cut at Northland As AI \"Not As Big As Investors Are Thinking\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-22 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/stock-market-news/amd-cut-at-northland-as-ai-not-as-big-as-investors-are-thinking-432SI-3279739><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.AMD stock fell 3% in morning ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/amd-cut-at-northland-as-ai-not-as-big-as-investors-are-thinking-432SI-3279739\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.investing.com/news/stock-market-news/amd-cut-at-northland-as-ai-not-as-big-as-investors-are-thinking-432SI-3279739","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2405702179","content_text":"AMD was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.AMD stock fell 3% in morning trading.\"It's really big, just not as big as investors are thinking,\" analysts at Northland Capital said in a research note.\"While chip prices are cyclically driven by supply and demand, they are flat over the long term,\" the analysts noted. \"We also believe that AI demand in CY23 was overstated due to double ordering.\"\"We forecast AI chip revenue of $125B in CY27 and model AMD with $16B in AI revenue and a 13% market share,\" they added.Northland believes AMD's shares reflect much higher AI revenue in CY27 than their forecast. With AMD's shares $6 above the firm's previous price target and significantly above its upgrade from 7/5/23 before NVDA's blowout quarter, the firm decided to downgrade the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}