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2022-07-15

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Is Apple Stock Now Overvalued Or Undervalued?

2022-07-15

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Mid-Year Review Of My 5 Largest Tech Stocks

2022-07-15

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Better Stock-Split Stock to Buy Right Now: Amazon, Alphabet, Tesla, or Shopify?

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He","content":"<html><head></head><body><p>Should you be worried about recent stock declines, or can you seek refuge in strong fundamentals? Here is a mid-year review of my five largest tech stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed211d4ef392850f3fb64d8159afb0b7\" tg-width=\"1068\" tg-height=\"601\" width=\"100%\" height=\"auto\"/><span>Source: Netflix Media Centre</span></p><p>As an investor that has a more than 70% concentration of my portfolio in technology stocks, this year hasn’t been all roses and sunshine for me.</p><p>Just a few weeks ago, the S&amp;P 500 Index entered a bear market after closing more than 22% below its all time high of 4,818.62 on 4 January 2022.</p><p>From the Russia-Ukraine war and COVID-related lockdowns in China that disrupted supply chains to the biggest interest rate hike since 1994, the blows just keep landing.</p><p>The worst mistake any investor can make is to sell their shares in panic when nothing is fundamentally wrong with the business.</p><p>We will now take a closer look at five technology companies within my portfolio.</p><p><b>Zoom Video (NASDAQ: ZM)</b></p><p>Zoom Video Communications, or Zoom, is a secure and reliable video communications platform that became a verb during the peak of the pandemic due to its popularity.</p><p>Its share price has fallen a long way since the all time high of US$588.84 on 19 October 2020.</p><p>As of 12th July, Zoom’s share price has fallen 41% year to date.</p><p>In its fiscal first quarter 2023 (1Q2023), revenue rose by 12% year on year to US$1.1 billion.</p><p>Zoom has seen momentum in Enterprise customers’ growth, with Enterprise revenue rising by 31% year on year to US$560 million during the quarter.</p><p>A closely-watched metric is Enterprise customers as it indicates the company’s efforts on growing the customer segment that contributes the bulk of its revenue.</p><p>The total number of Enterprise customers that contributed more than US$100,000 in annual billings grew 46% year on year to 2,916.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07192b5a5136e154860d452b0e26ccb2\" tg-width=\"532\" tg-height=\"906\" width=\"100%\" height=\"auto\"/><span>Source: Zoom, 1Q2023 earnings deck, &gt;US$100k customers breakdown</span></p><p>For the coming quarters, a key aspect to watch will be how Zoom sells through other product offerings such as Zoom Contact Centre, Zoom Phone, Zoom Whiteboard, and Zoom IQ for sales teams.</p><p><b>Tesla (NASDAQ: TSLA)</b></p><p>Tesla is one of the world’s largest all-electric vehicle companies through the sale of cars, pickup trucks in the United States, China, and other countries around the world.</p><p>Differing from most of the other automotive manufacturers that sell through franchised dealerships, Tesla sells its cars direct to consumers.</p><p>This prevents any potential conflicts of interests which may arise as Tesla owns the showrooms and customers deal only with its staff.</p><p>Tesla also sells directly through the internet to consumers where a Tesla can be customised online.</p><p>In 1Q2022, Tesla reported an 81% year on year growth in total revenue to US$18.7 billion, and net income rose more than seven-fold to US$3.3 billion.</p><p>This growth was largely attributable to increased vehicle deliveries, which grew 68% year on year to 310,048 in 1Q2022.</p><p>Tesla also cited increased average selling price as one of the factors contributing to the increased revenue seen, which suggests to me they have strong pricing power.</p><p>On 2 July, Tesla released its 2Q2022’s vehicle production and delivery numbers of (Production: 258,580, Deliveries: 254,695), which caused a temporary sell off as investors started to compare it with the production and delivery numbers seen in 1Q2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07136f60994c0e93ada5ea9ed5fa0426\" tg-width=\"1018\" tg-height=\"632\" width=\"100%\" height=\"auto\"/><span>Source: Tesla, 1Q2022 update, 2Q2022 production and delivery update</span></p><p>Although it seems that there is a 17.9% decline in vehicle delivery numbers between 1Q2022 and 2Q2022, investors should note that the delivery numbers are still 26.5% higher than that of 2Q2021.</p><p>With its commitment to achieve 50% average annual growth in vehicle deliveries, and seeing what increased delivery numbers mean for its revenue and net income, I remain a patient investor in Tesla.</p><p>Tesla’s full set of 2Q2022 numbers will be announced on 20th July, after the US market closes.</p><p><b>Netflix (NASDAQ: NFLX)</b></p><p>Netflix is one of the world’s largest streaming media and entertainment services companies, with 222 million paid memberships in over 190 countries.</p><p>Netflix surged to dominance similarly during the COVID-19 period when most countries were on lockdown.</p><p>Over the years, it has consistently produced great content that hooked viewers, with popular TV series Stranger Things, Squid Game and Money Heist etc.</p><p>With the current bear market and tech sell off that we witnessed not too long ago, the stock has also fallen 70.8% year to date (12 July 2022’s closing price).</p><p>Netflix’s 1Q2022 revenue rose 9.8% year on year to US$7.9 billion, while net income for the same period declined 6.8% year on year to US$1.6 billion.</p><p>In its 1Q2022 earnings call, Netflix reported a loss of 200,000 subscribers compared with its previous quarter and mentioned that it is guiding for a two million loss in subscribers for its second quarter.</p><p>Although the market didn’t react well to this news, there is justification for this guidance and the plans that Netflix has laid out seemed fair.</p><p>Netflix is looking to introduce more controls to prevent password sharing outside the household.</p><p>More than 100 million households are piggy backing on other paid subscribers</p><p>These free loaders are active users as well, so it is reasonable for Netflix to levy an introductory charge on this base of customers.</p><p>Such a move, if successful, could open up an additional revenue stream for the streaming giant.</p><p>To combat the fierce competition from the likes of <b>Walt Disney</b> (NYSE: DIS) and <b>Amazon</b> (NASDAQ: AMZN), Netflix is looking to offer lower-cost plans with advertising.</p><p>This is a win-win model that would not only attract and retain budget-constrained subscribers, but also introduce new revenue streams for the company.</p><p><b>DocuSign (NASDAQ: DOCU)</b></p><p>DocuSign is an e-signature platform provider that enables organisations to automate, sign, and manage agreements electronically across practically any smart device.</p><p>It is the world’s number one e-signature solution with a strong base of 1.24 million customers.</p><p>For its 1Q2023 ended 30 April 2022, DocuSign reported revenue growth of 25% year on year to US$589 million.</p><p>Gross margin was 81%, with operating margin 17% for 1Q2023.</p><p>Alongside these strong margins, DocuSign also commands a high net dollar retention rate of 114%.</p><p>DocuSign spooked the market when it announced weak guidance for 2Q2023’s billings, between the range of US$599 million to US$609 million.</p><p>The market felt that this forecasted increase, even at the top end of its range, was only 2.3% higher than 2Q2022’s US$595.4 million.</p><p>That said, looking at the explosive growth in its total customer base, which has a compound annual growth rate (CAGR) of 40% from FY2013 to 1Q2023, monetisation opportunities are still plenty for DocuSign.</p><p>In addition, its strength in gaining enterprise customers that spend more than US$300,000 a year, also saw a CAGR of 44% from FY2013 to 886 in 1Q2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c809c6cded90f0fb929ce7512bc5fe3a\" tg-width=\"1050\" tg-height=\"980\" width=\"100%\" height=\"auto\"/><span>Source: DocuSign, 1Q2023 earnings release, customer base breakdown</span></p><p>Last but not least, the strategic partnership that DocuSign announced with <b>Microsoft</b> (NASDAQ: MFST), which will see integration of cross products, means there will be extra momentum that will come from the Enterprise segment.</p><p><b>Apple (NASDAQ: APPL)</b></p><p>Apple is a company that needs no further introduction. It changed the entire era of smartphones and is now one of the most valuable brands in the world.</p><p>It is also the largest contributor to the S&amp;P 500 index.</p><p>Apple has a strong base of loyal customers and has, over years, created a strong and interlinked ecosystem of products and services on the back of the success of the iPhone.</p><p>In its 2Q2022 earnings, we saw how Apple outperformed analysts’ expectations by reporting revenue of US$97.3 billion, above the US$94 billion that was forecasted.</p><p>As the COVID-related supply chain woes in China ease, Apple will benefit from the effect in the next few quarters.</p><p>As an investor, Apple’s main draw is the ability to innovate and cross sell its other services and products together directly to a strong and loyal customer base.</p><p>Although word on the street is pointing at Apple’s possible release of a virtual reality headset, what is certain is that when Apple launches it, this will likely be tied in with services revenue.</p><p>Services Revenue was Apple’s fastest growing segment as of 2Q2022 (+17% year on year), with revenue of US$19.8 billion.</p><p><b>Final Thoughts</b></p><p>Although most of the stocks above did fall from a high, a closer look at each stock provides assurance that the business behind each company is doing fine.</p><p>It is hard not to feel affected when the same stocks were registering more than 100% gains, but as a long term investor, I’m in for the long term, and I’ll likely strategically add on to these positions whenever there’s a chance.</p></body></html>","source":"lsy1602567310727","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>Mid-Year Review Of My 5 Largest Tech Stocks</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\">\nMid-Year Review Of My 5 Largest Tech Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/mid-year-review-of-my-5-largest-tech-stocks/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Should you be worried about recent stock declines, or can you seek refuge in strong fundamentals? Here is a mid-year review of my five largest tech stocks.Source: Netflix Media CentreAs an investor ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/mid-year-review-of-my-5-largest-tech-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","TSLA":"特斯拉","AAPL":"苹果","ZM":"Zoom","DOCU":"Docusign"},"source_url":"https://thesmartinvestor.com.sg/mid-year-review-of-my-5-largest-tech-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110793035","content_text":"Should you be worried about recent stock declines, or can you seek refuge in strong fundamentals? Here is a mid-year review of my five largest tech stocks.Source: Netflix Media CentreAs an investor that has a more than 70% concentration of my portfolio in technology stocks, this year hasn’t been all roses and sunshine for me.Just a few weeks ago, the S&P 500 Index entered a bear market after closing more than 22% below its all time high of 4,818.62 on 4 January 2022.From the Russia-Ukraine war and COVID-related lockdowns in China that disrupted supply chains to the biggest interest rate hike since 1994, the blows just keep landing.The worst mistake any investor can make is to sell their shares in panic when nothing is fundamentally wrong with the business.We will now take a closer look at five technology companies within my portfolio.Zoom Video (NASDAQ: ZM)Zoom Video Communications, or Zoom, is a secure and reliable video communications platform that became a verb during the peak of the pandemic due to its popularity.Its share price has fallen a long way since the all time high of US$588.84 on 19 October 2020.As of 12th July, Zoom’s share price has fallen 41% year to date.In its fiscal first quarter 2023 (1Q2023), revenue rose by 12% year on year to US$1.1 billion.Zoom has seen momentum in Enterprise customers’ growth, with Enterprise revenue rising by 31% year on year to US$560 million during the quarter.A closely-watched metric is Enterprise customers as it indicates the company’s efforts on growing the customer segment that contributes the bulk of its revenue.The total number of Enterprise customers that contributed more than US$100,000 in annual billings grew 46% year on year to 2,916.Source: Zoom, 1Q2023 earnings deck, >US$100k customers breakdownFor the coming quarters, a key aspect to watch will be how Zoom sells through other product offerings such as Zoom Contact Centre, Zoom Phone, Zoom Whiteboard, and Zoom IQ for sales teams.Tesla (NASDAQ: TSLA)Tesla is one of the world’s largest all-electric vehicle companies through the sale of cars, pickup trucks in the United States, China, and other countries around the world.Differing from most of the other automotive manufacturers that sell through franchised dealerships, Tesla sells its cars direct to consumers.This prevents any potential conflicts of interests which may arise as Tesla owns the showrooms and customers deal only with its staff.Tesla also sells directly through the internet to consumers where a Tesla can be customised online.In 1Q2022, Tesla reported an 81% year on year growth in total revenue to US$18.7 billion, and net income rose more than seven-fold to US$3.3 billion.This growth was largely attributable to increased vehicle deliveries, which grew 68% year on year to 310,048 in 1Q2022.Tesla also cited increased average selling price as one of the factors contributing to the increased revenue seen, which suggests to me they have strong pricing power.On 2 July, Tesla released its 2Q2022’s vehicle production and delivery numbers of (Production: 258,580, Deliveries: 254,695), which caused a temporary sell off as investors started to compare it with the production and delivery numbers seen in 1Q2022.Source: Tesla, 1Q2022 update, 2Q2022 production and delivery updateAlthough it seems that there is a 17.9% decline in vehicle delivery numbers between 1Q2022 and 2Q2022, investors should note that the delivery numbers are still 26.5% higher than that of 2Q2021.With its commitment to achieve 50% average annual growth in vehicle deliveries, and seeing what increased delivery numbers mean for its revenue and net income, I remain a patient investor in Tesla.Tesla’s full set of 2Q2022 numbers will be announced on 20th July, after the US market closes.Netflix (NASDAQ: NFLX)Netflix is one of the world’s largest streaming media and entertainment services companies, with 222 million paid memberships in over 190 countries.Netflix surged to dominance similarly during the COVID-19 period when most countries were on lockdown.Over the years, it has consistently produced great content that hooked viewers, with popular TV series Stranger Things, Squid Game and Money Heist etc.With the current bear market and tech sell off that we witnessed not too long ago, the stock has also fallen 70.8% year to date (12 July 2022’s closing price).Netflix’s 1Q2022 revenue rose 9.8% year on year to US$7.9 billion, while net income for the same period declined 6.8% year on year to US$1.6 billion.In its 1Q2022 earnings call, Netflix reported a loss of 200,000 subscribers compared with its previous quarter and mentioned that it is guiding for a two million loss in subscribers for its second quarter.Although the market didn’t react well to this news, there is justification for this guidance and the plans that Netflix has laid out seemed fair.Netflix is looking to introduce more controls to prevent password sharing outside the household.More than 100 million households are piggy backing on other paid subscribersThese free loaders are active users as well, so it is reasonable for Netflix to levy an introductory charge on this base of customers.Such a move, if successful, could open up an additional revenue stream for the streaming giant.To combat the fierce competition from the likes of Walt Disney (NYSE: DIS) and Amazon (NASDAQ: AMZN), Netflix is looking to offer lower-cost plans with advertising.This is a win-win model that would not only attract and retain budget-constrained subscribers, but also introduce new revenue streams for the company.DocuSign (NASDAQ: DOCU)DocuSign is an e-signature platform provider that enables organisations to automate, sign, and manage agreements electronically across practically any smart device.It is the world’s number one e-signature solution with a strong base of 1.24 million customers.For its 1Q2023 ended 30 April 2022, DocuSign reported revenue growth of 25% year on year to US$589 million.Gross margin was 81%, with operating margin 17% for 1Q2023.Alongside these strong margins, DocuSign also commands a high net dollar retention rate of 114%.DocuSign spooked the market when it announced weak guidance for 2Q2023’s billings, between the range of US$599 million to US$609 million.The market felt that this forecasted increase, even at the top end of its range, was only 2.3% higher than 2Q2022’s US$595.4 million.That said, looking at the explosive growth in its total customer base, which has a compound annual growth rate (CAGR) of 40% from FY2013 to 1Q2023, monetisation opportunities are still plenty for DocuSign.In addition, its strength in gaining enterprise customers that spend more than US$300,000 a year, also saw a CAGR of 44% from FY2013 to 886 in 1Q2023.Source: DocuSign, 1Q2023 earnings release, customer base breakdownLast but not least, the strategic partnership that DocuSign announced with Microsoft (NASDAQ: MFST), which will see integration of cross products, means there will be extra momentum that will come from the Enterprise segment.Apple (NASDAQ: APPL)Apple is a company that needs no further introduction. It changed the entire era of smartphones and is now one of the most valuable brands in the world.It is also the largest contributor to the S&P 500 index.Apple has a strong base of loyal customers and has, over years, created a strong and interlinked ecosystem of products and services on the back of the success of the iPhone.In its 2Q2022 earnings, we saw how Apple outperformed analysts’ expectations by reporting revenue of US$97.3 billion, above the US$94 billion that was forecasted.As the COVID-related supply chain woes in China ease, Apple will benefit from the effect in the next few quarters.As an investor, Apple’s main draw is the ability to innovate and cross sell its other services and products together directly to a strong and loyal customer base.Although word on the street is pointing at Apple’s possible release of a virtual reality headset, what is certain is that when Apple launches it, this will likely be tied in with services revenue.Services Revenue was Apple’s fastest growing segment as of 2Q2022 (+17% year on year), with revenue of US$19.8 billion.Final ThoughtsAlthough most of the stocks above did fall from a high, a closer look at each stock provides assurance that the business behind each company is doing fine.It is hard not to feel affected when the same stocks were registering more than 100% gains, but as a long term investor, I’m in for the long term, and I’ll likely strategically add on to these positions whenever there’s a chance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076576203,"gmtCreate":1657881354502,"gmtModify":1676536076599,"author":{"id":"4119440412021092","authorId":"4119440412021092","name":"Sky1314","avatar":"https://community-static.tradeup.com/news/4beb98a9fb78c99ece81b94fd8174179","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4119440412021092","authorIdStr":"4119440412021092"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076576203","repostId":"1155721433","repostType":4,"repost":{"id":"1155721433","kind":"news","pubTimestamp":1657853471,"share":"https://ttm.financial/m/news/1155721433?lang=&edition=fundamental","pubTime":"2022-07-15 10:51","market":"us","language":"en","title":"Is Apple Stock Now Overvalued Or Undervalued?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155721433","media":"Seeking Alpha","summary":"SummaryAAPL stock has been under pressure due to the uncertainty regarding the downturn in the econo","content":"<html><head></head><body><p>Summary</p><ul><li>AAPL stock has been under pressure due to the uncertainty regarding the downturn in the economy.</li><li>The June quarter should be impacted by the Covid-related disruptions and supply chain constraints.</li><li>However, in the medium to long term, the company’s prospects look good with the new M-series chip increasing user experience and services growth helping margin mix.</li></ul><h3>Investment Thesis</h3><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc.&#39;s</a> sales have been growing over the last few quarters as it continues to launch innovative products and new services. This growth is reflected in the company&#39;s gross margin as well, which has improved over the last few quarters. However, the June quarter of the company is expected to be impacted by Covid-related disruptions in China, foreign exchange translation, industry-wide silicon shortages, and the shutdown of businesses in Russia. The sales are expected to be impacted in the range of $4 bn to $8 bn due to the Covid-related disruption and silicon shortages. Looking forward, the lockdown in China has started easing and the related headwinds are expected to fade in the coming quarters. In the long term, AAPL should benefit from the launch of its new products such as Macbooks and iPads with M2 chips and user-friendly updates. AAPL&#39;s larger installed base should drive the services revenue as the company introduces new services for its users. The company also plans to introduce the Apple car by 2025 and AR/VR headsets by 2023, which could be incremental to the company&#39;s revenue.</p><h3>AAPL Stock Key Metrics</h3><p>Apple derives its revenues from both products and services. While services accounted for ~20% of revenues in the last reported quarter, the gross margin for the services business is almost double that of products. So, growth in the services business is going to be a significant driver of the company&#39;s margins looking forward. The products&#39; revenue includes the sales generated by the iPhone, iPad, Mac, and Wearables, Home &amp; Accessories, whereas the service revenue includes the revenue generated from advertising and its services such as Apple Care, Cloud services, and offering digital content through its subscription-based services such as Apple Music, Apple Arcade, Apple TV+, Apple Fitness+, and Apple News+. The first quarter for products has always been outstanding, as the company launches most of its new products (especially iPhones) between September and October. In the last three years, the Wearables, Home &amp; Accessories sub-segment have seen good growth. The sales of Macs were at their highest level too, as the company is continuously investing and driving innovation in its Apple silicon processors. Almost 50% of the customers purchasing Macs were new to the product during the March quarter. The transition of Apple from Intel (INTC) to Apple silicon processors is benefiting the company&#39;s Mac sales. The iPad sales of the company are being affected due to the supply chain constraints, but the demand for iPads has increased over the last few quarters for education, entertainment, and creativity purposes.</p><p>The revenue generated from the Services segment has almost doubled from Q1 FY19 to Q2 FY22, primarily due to Apple&#39;s growth in its installed base of active devices. The company is also working towards improving its services and growing its customer base in the service segment by launching new services such as Tap to Pay.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/feb76a40d5050be91acb1a7c0758e69a\" tg-width=\"1280\" tg-height=\"794\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s Products and Services revenue (Company data, GS Analytics Research)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76c590b5218d3c0c0250cd32ecedf571\" tg-width=\"1280\" tg-height=\"794\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s Product revenue disaggregation (Company data, GS Analytics Research)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30dd13051739a81500999e2a29f91a7a\" tg-width=\"1280\" tg-height=\"792\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s gross margin (Company data, GS Analytics Research)</span></p><p>AAPL&#39;s gross margin has been improving Y/Y over the last few quarters, especially due to the growth in the services side of the business. The Product margin was impacted during the Covid period but has improved since then. In the last reported quarter, the Product margin declined 200 bps sequentially due to the seasonality of the business, unfavorable currency translation, and an inflationary environment. As a result overall margins also saw a slight decline sequentially. Looking forward, June quarter product sales and margins are likely to be impacted by supply chain disruption but in the long term, the company should resume its growth trajectory as these disruptions ease.</p><h3>Is Apple Stock Worth Investing In?</h3><p>After the recent decline of AAPL from its all-time high of $182.94, the stock looks attractive to buy at the current levels. I think the near-term headwinds might impact the sales growth and profitability of the company, but as they subside, the company has good potential to grow in the long run. The year-over-year revenue growth of the company in the June quarter, i.e., Q3 FY22, should be impacted due to the lockdowns that were implemented in China in March 2022. The Covid-related disruption did not affect the company&#39;s March quarter significantly as it already had decent inventory levels, but we might see its impact in the June quarter due to supply chain constraints and a decline in demand in China.</p><p>The Covid-related disruption and the industry-wide silicon shortage are expected to hamper the June quarter&#39;s revenue of the company by $4 bn to $8 bn. Apple outsources most of its products from China and generates almost 20% of its revenue from the Greater China region.</p><p>Due to geopolitical tensions between Russia and Ukraine, the company paused its sales in Russia in March, which partially affected Q2 FY22 and is expected to impact the June quarter by almost 150 basis points in the Y/Y growth rate. Additionally, changes in the foreign exchange rate should also impact Apple&#39;s revenue as almost 60% of the total revenue comes from international business. Over the last few months, the dollar has strengthened compared to other currencies. This is expected to impact the growth rate in Q3 FY22 by 300 basis points.</p><p>The lockdowns in China started getting lifted from April end and almost all the affected factories of Apple in China have restarted. So, I believe the conditions should improve over the next few quarters. In the long term, Apple should be able to grow its business through product innovations and growth in its services business.</p><p>In recent years, the company shifted from using Intel processors to using in-house manufactured Apple silicon processors in its devices, such as the Mac and iPad. Since the launch of Apple Silicon chips in its products, Apple has seen strong demand for its Mac and iPad products over the last few quarters. In June 2022, Apple announced new products, services, and updates at WWDC22. The company unveiled the 13-inch MacBook Pro and MacBook Air, both of which run on the brand-new M2 chips. The new M2 chips are the next generation of Apple silicon that is designed specifically for Macs. The M2 chip takes the breakthrough performance of the M1 chip to the next level, enhancing the user experience. The company&#39;s M1-powered devices have already seen success, and I believe as the M2-powered devices roll into the market, Apple&#39;s sales should benefit as the demand for faster-performance devices is high. The demand for performance-driven devices has grown in tandem with the global shift toward technology and the expansion of the gaming and content creation sectors.</p><p>Apple also unveiled its newest operating system, iOS 16, at the WWDC22 event. Recently, in July 2022, the company released the public beta version of its iOS 16 software update. The iOS 16 update offers users to personalize their lock screen by customizing font styles, adding widgets, and creating multiple lock screens. Users can also manage how their notifications appear on the lock screen and follow any ongoing activity through Live Activities right from the lock screen without cluttering the lock screen with notifications. The update will also provide users to edit their sent messages, use SharePlay via messages, update the dictation feature, new map features, and better integration with Siri.</p><p>The company has been able to grow its installed base over a period of time, which should benefit its service business. The company has almost doubled its services revenue over the past three years. Apple is also planning to introduce Tap to Pay on the iPhone later this year, where businesses can accept contactless payments in a simple and secure way. The company has also introduced subscription-based services for small businesses to manage their Apple products and services. Further, the upcoming &#34;Buy Now Pay Later&#34; (BNPL) feature within its Apple Pay service will allow users to buy products from stores that support Apple Pay in four installments with zero fees and interest. To complement this feature, the company is also introducing an order tracking feature, so that users can track their orders. I believe as the company brings new services to its users, it should be able to grow its service revenue at a good rate in the long run. Since Services gross margins are almost double that of products for Apple, it will help improve the overall margin of the company.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f52bc554677acbbdc4a8096543c03f05\" tg-width=\"1280\" tg-height=\"791\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s service segment revenue growth (Company data, GS Analytics Research)</span></p><p>In addition to its traditional markets, AAPL is also venturing into new businesses like Autonomous vehicles, and AR/VR headsets which if successful could drive further avenues of growth. While management has not given much guidance on it, Apple&#39;s autonomous vehicles should be launched by 2025. The company is hiring the necessary veterans and engineers for this project to be successful. AAPL has already been spotted testing its vehicle in California by some Auto and Technology journalists. Apple has been partnering and working with other auto companies to develop its self-driving vehicle. Over the last few years, the company has also been focusing on developing AR/VR headsets, which are expected to hit the market next year, according to Apple analyst Ming-Chi Kuo and Bloomberg&#39;s Mark Gurman. This product should compete with Meta&#39;s (META) Oculus Quest, which is already present in the market. I believe Apple has good growth prospects with its existing product updates, services growth and potential new launches. Hence, I believe it is worth investing in for long-term investors.</p><h3>What Is Apple&#39;s Target Price?</h3><p>If we look at Wall Street ratings, most of the analysts are bullish on the stock. Out of 43 analysts covering the stock, 33 have buy or strong buy ratings, nine have hold ratings and only one has a sell rating. The average target price for the stock is $182.82 which implies over 25% upside from the current levels.</p><h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cccc391c2202c1aa4e3e3c8c6dc44306\" tg-width=\"1280\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>AAPL Average Target Price (Seeking Alpha)</span></p>Is Apple Stock A Fair Value?</h3><p>Apple is currently trading at 23.72x FY22 (ending September 2022) and 22.34x (ending September 2023) earnings. While these valuations are roughly in line to a slight premium versus the company&#39;s five-year average forward multiple of 22.18x, I believe the market is not capturing some of the potential acceleration in the company&#39;s revenues and earnings growth prospects and the stock offers good upside at the current levels.</p><p>I believe the company&#39;s business is poised to accelerate with its M-series chips offering much better performance compared to its previously used Intel chips which should improve the satisfaction of loyal Apple customers as well as bring in new customers, especially the high-end gamers, content creators, and others looking for better performance.</p><p>Further, the company&#39;s success in growing its services business bodes really well for AAPL. Firstly, the services business has really high gross margins. So, an increased mix towards the services business will help the overall margins of the company. Secondly, the service business should have much less cyclicality and uncertainty compared to new product launches. So, it improves the quality of the overall business and imparts some defensiveness to sales and earnings. This should limit the downside during a slowdown and help the company maintain a high P/E multiple. Finally, services create further customer stickiness for Apple as those liking Apple&#39;s services are likely to buy Apple products again when they upgrade or use Apple&#39;s other product offerings.</p><p>In addition, there can be a further upside if the company gains any success with its new launches like the Apple car or VR/AR headsets.</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>Is Apple Stock Now Overvalued Or Undervalued?</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\">\nIs Apple Stock Now Overvalued Or Undervalued?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4523331-is-apple-stock-overvalued-undervalued><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAAPL stock has been under pressure due to the uncertainty regarding the downturn in the economy.The June quarter should be impacted by the Covid-related disruptions and supply chain constraints...</p>\n\n<a href=\"https://seekingalpha.com/article/4523331-is-apple-stock-overvalued-undervalued\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4523331-is-apple-stock-overvalued-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155721433","content_text":"SummaryAAPL stock has been under pressure due to the uncertainty regarding the downturn in the economy.The June quarter should be impacted by the Covid-related disruptions and supply chain constraints.However, in the medium to long term, the company’s prospects look good with the new M-series chip increasing user experience and services growth helping margin mix.Investment ThesisApple Inc.'s sales have been growing over the last few quarters as it continues to launch innovative products and new services. This growth is reflected in the company's gross margin as well, which has improved over the last few quarters. However, the June quarter of the company is expected to be impacted by Covid-related disruptions in China, foreign exchange translation, industry-wide silicon shortages, and the shutdown of businesses in Russia. The sales are expected to be impacted in the range of $4 bn to $8 bn due to the Covid-related disruption and silicon shortages. Looking forward, the lockdown in China has started easing and the related headwinds are expected to fade in the coming quarters. In the long term, AAPL should benefit from the launch of its new products such as Macbooks and iPads with M2 chips and user-friendly updates. AAPL's larger installed base should drive the services revenue as the company introduces new services for its users. The company also plans to introduce the Apple car by 2025 and AR/VR headsets by 2023, which could be incremental to the company's revenue.AAPL Stock Key MetricsApple derives its revenues from both products and services. While services accounted for ~20% of revenues in the last reported quarter, the gross margin for the services business is almost double that of products. So, growth in the services business is going to be a significant driver of the company's margins looking forward. The products' revenue includes the sales generated by the iPhone, iPad, Mac, and Wearables, Home & Accessories, whereas the service revenue includes the revenue generated from advertising and its services such as Apple Care, Cloud services, and offering digital content through its subscription-based services such as Apple Music, Apple Arcade, Apple TV+, Apple Fitness+, and Apple News+. The first quarter for products has always been outstanding, as the company launches most of its new products (especially iPhones) between September and October. In the last three years, the Wearables, Home & Accessories sub-segment have seen good growth. The sales of Macs were at their highest level too, as the company is continuously investing and driving innovation in its Apple silicon processors. Almost 50% of the customers purchasing Macs were new to the product during the March quarter. The transition of Apple from Intel (INTC) to Apple silicon processors is benefiting the company's Mac sales. The iPad sales of the company are being affected due to the supply chain constraints, but the demand for iPads has increased over the last few quarters for education, entertainment, and creativity purposes.The revenue generated from the Services segment has almost doubled from Q1 FY19 to Q2 FY22, primarily due to Apple's growth in its installed base of active devices. The company is also working towards improving its services and growing its customer base in the service segment by launching new services such as Tap to Pay.Apple's Products and Services revenue (Company data, GS Analytics Research)Apple's Product revenue disaggregation (Company data, GS Analytics Research)Apple's gross margin (Company data, GS Analytics Research)AAPL's gross margin has been improving Y/Y over the last few quarters, especially due to the growth in the services side of the business. The Product margin was impacted during the Covid period but has improved since then. In the last reported quarter, the Product margin declined 200 bps sequentially due to the seasonality of the business, unfavorable currency translation, and an inflationary environment. As a result overall margins also saw a slight decline sequentially. Looking forward, June quarter product sales and margins are likely to be impacted by supply chain disruption but in the long term, the company should resume its growth trajectory as these disruptions ease.Is Apple Stock Worth Investing In?After the recent decline of AAPL from its all-time high of $182.94, the stock looks attractive to buy at the current levels. I think the near-term headwinds might impact the sales growth and profitability of the company, but as they subside, the company has good potential to grow in the long run. The year-over-year revenue growth of the company in the June quarter, i.e., Q3 FY22, should be impacted due to the lockdowns that were implemented in China in March 2022. The Covid-related disruption did not affect the company's March quarter significantly as it already had decent inventory levels, but we might see its impact in the June quarter due to supply chain constraints and a decline in demand in China.The Covid-related disruption and the industry-wide silicon shortage are expected to hamper the June quarter's revenue of the company by $4 bn to $8 bn. Apple outsources most of its products from China and generates almost 20% of its revenue from the Greater China region.Due to geopolitical tensions between Russia and Ukraine, the company paused its sales in Russia in March, which partially affected Q2 FY22 and is expected to impact the June quarter by almost 150 basis points in the Y/Y growth rate. Additionally, changes in the foreign exchange rate should also impact Apple's revenue as almost 60% of the total revenue comes from international business. Over the last few months, the dollar has strengthened compared to other currencies. This is expected to impact the growth rate in Q3 FY22 by 300 basis points.The lockdowns in China started getting lifted from April end and almost all the affected factories of Apple in China have restarted. So, I believe the conditions should improve over the next few quarters. In the long term, Apple should be able to grow its business through product innovations and growth in its services business.In recent years, the company shifted from using Intel processors to using in-house manufactured Apple silicon processors in its devices, such as the Mac and iPad. Since the launch of Apple Silicon chips in its products, Apple has seen strong demand for its Mac and iPad products over the last few quarters. In June 2022, Apple announced new products, services, and updates at WWDC22. The company unveiled the 13-inch MacBook Pro and MacBook Air, both of which run on the brand-new M2 chips. The new M2 chips are the next generation of Apple silicon that is designed specifically for Macs. The M2 chip takes the breakthrough performance of the M1 chip to the next level, enhancing the user experience. The company's M1-powered devices have already seen success, and I believe as the M2-powered devices roll into the market, Apple's sales should benefit as the demand for faster-performance devices is high. The demand for performance-driven devices has grown in tandem with the global shift toward technology and the expansion of the gaming and content creation sectors.Apple also unveiled its newest operating system, iOS 16, at the WWDC22 event. Recently, in July 2022, the company released the public beta version of its iOS 16 software update. The iOS 16 update offers users to personalize their lock screen by customizing font styles, adding widgets, and creating multiple lock screens. Users can also manage how their notifications appear on the lock screen and follow any ongoing activity through Live Activities right from the lock screen without cluttering the lock screen with notifications. The update will also provide users to edit their sent messages, use SharePlay via messages, update the dictation feature, new map features, and better integration with Siri.The company has been able to grow its installed base over a period of time, which should benefit its service business. The company has almost doubled its services revenue over the past three years. Apple is also planning to introduce Tap to Pay on the iPhone later this year, where businesses can accept contactless payments in a simple and secure way. The company has also introduced subscription-based services for small businesses to manage their Apple products and services. Further, the upcoming \"Buy Now Pay Later\" (BNPL) feature within its Apple Pay service will allow users to buy products from stores that support Apple Pay in four installments with zero fees and interest. To complement this feature, the company is also introducing an order tracking feature, so that users can track their orders. I believe as the company brings new services to its users, it should be able to grow its service revenue at a good rate in the long run. Since Services gross margins are almost double that of products for Apple, it will help improve the overall margin of the company.Apple's service segment revenue growth (Company data, GS Analytics Research)In addition to its traditional markets, AAPL is also venturing into new businesses like Autonomous vehicles, and AR/VR headsets which if successful could drive further avenues of growth. While management has not given much guidance on it, Apple's autonomous vehicles should be launched by 2025. The company is hiring the necessary veterans and engineers for this project to be successful. AAPL has already been spotted testing its vehicle in California by some Auto and Technology journalists. Apple has been partnering and working with other auto companies to develop its self-driving vehicle. Over the last few years, the company has also been focusing on developing AR/VR headsets, which are expected to hit the market next year, according to Apple analyst Ming-Chi Kuo and Bloomberg's Mark Gurman. This product should compete with Meta's (META) Oculus Quest, which is already present in the market. I believe Apple has good growth prospects with its existing product updates, services growth and potential new launches. Hence, I believe it is worth investing in for long-term investors.What Is Apple's Target Price?If we look at Wall Street ratings, most of the analysts are bullish on the stock. Out of 43 analysts covering the stock, 33 have buy or strong buy ratings, nine have hold ratings and only one has a sell rating. The average target price for the stock is $182.82 which implies over 25% upside from the current levels.AAPL Average Target Price (Seeking Alpha)Is Apple Stock A Fair Value?Apple is currently trading at 23.72x FY22 (ending September 2022) and 22.34x (ending September 2023) earnings. While these valuations are roughly in line to a slight premium versus the company's five-year average forward multiple of 22.18x, I believe the market is not capturing some of the potential acceleration in the company's revenues and earnings growth prospects and the stock offers good upside at the current levels.I believe the company's business is poised to accelerate with its M-series chips offering much better performance compared to its previously used Intel chips which should improve the satisfaction of loyal Apple customers as well as bring in new customers, especially the high-end gamers, content creators, and others looking for better performance.Further, the company's success in growing its services business bodes really well for AAPL. Firstly, the services business has really high gross margins. So, an increased mix towards the services business will help the overall margins of the company. Secondly, the service business should have much less cyclicality and uncertainty compared to new product launches. So, it improves the quality of the overall business and imparts some defensiveness to sales and earnings. This should limit the downside during a slowdown and help the company maintain a high P/E multiple. Finally, services create further customer stickiness for Apple as those liking Apple's services are likely to buy Apple products again when they upgrade or use Apple's other product offerings.In addition, there can be a further upside if the company gains any success with its new launches like the Apple car or VR/AR headsets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076573511,"gmtCreate":1657880739933,"gmtModify":1676536076528,"author":{"id":"4119440412021092","authorId":"4119440412021092","name":"Sky1314","avatar":"https://community-static.tradeup.com/news/4beb98a9fb78c99ece81b94fd8174179","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4119440412021092","authorIdStr":"4119440412021092"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076573511","repostId":"2251138110","repostType":4,"repost":{"id":"2251138110","kind":"highlight","pubTimestamp":1657855692,"share":"https://ttm.financial/m/news/2251138110?lang=&edition=fundamental","pubTime":"2022-07-15 11:28","market":"us","language":"en","title":"Better Stock-Split Stock to Buy Right Now: Amazon, Alphabet, Tesla, or Shopify?","url":"https://stock-news.laohu8.com/highlight/detail?id=2251138110","media":"Motley Fool","summary":"Among Amazon, Alphabet, Tesla, and Shopify is one company that can confidently be bought hand over fist right now.","content":"<html><head></head><body><p>Wall Street and investors have been hit with a flurry of news events in 2022, including historically high inflation and Russia&#39;s invasion of Ukraine. Yet amid this market volatility, the investing community has become fixated on companies announcing and enacting stock splits.</p><p>A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operating performance. A forward stock split can be particularly helpful to retail investors who don&#39;t have access to fractional-share investing. The execution of a split can lower the nominal-dollar cost to purchase a single share of stock.</p><p>In general, stock splits are viewed as a positive event within the investing community. Think of it this way: A company&#39;s share price wouldn&#39;t be high enough to command a split if the company in question weren&#39;t executing well and out-innovating its competition.</p><p>Since February, e-commerce kingpin <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, internet search giant Alphabet (GOOGL) (GOOG), electric-vehicle (EV) manufacturer <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, and cloud-based e-commerce platform <a href=\"https://laohu8.com/S/SHOP\">Shopify </a> have all announced stock splits. The prevailing question is, which of these stock-split stocks makes for the better buy right now?</p><h2>Should you load up on Amazon?</h2><p>First up is Amazon, which announced a 20-for-1 stock split in March and executed that split on June 6, 2022.</p><p>If there&#39;s a knock against Amazon, it&#39;s the growing likelihood of a recession in the United States. The bulk of Amazon&#39;s revenue comes from its online marketplace. If retail sales were to shift into reverse, Amazon&#39;s lofty price-to-cash-flow ratio would stick out like a sore thumb in a declining market.</p><p>There&#39;s plenty to like here, whether we&#39;re focused on Amazon&#39;s leading retail segment or its ancillary operations. For instance, a March 2022 report from eMarketer estimates that Amazon will account for nearly 40% of all online U.S. spending this year. Even as a low-margin operating segment, this online retail dominance has helped Amazon sign up more than 200 million Prime subscribers worldwide. The fees Amazon collects from its Prime members help to fuel investments in its logistics network and allows the company to undercut brick-and-mortar retailers on price.</p><p>Even more exciting than its leading online marketplace is Amazon Web Services (AWS). According to data from Canalys, AWS accounted for a third of global cloud infrastructure spending during the first quarter. With cloud service growth still in its early innings, AWS looks to be Amazon&#39;s golden ticket going forward.</p><h2>Could your search end with Alphabet?</h2><p>The next stock up is Alphabet, the parent company of internet search-engine Google and streaming-platform YouTube. Alphabet announced plans to conduct a 20-for-1 split back in February and will make good on those plans as of tomorrow, July 15, which is when its stock split will officially take effect.</p><p>Like Amazon, the biggest worry with Alphabet is that a near-term recession could derail its core business. Since a majority of Alphabet&#39;s revenue is derived from advertising, and ad revenue is one of the first things to be hit during a recession, there remains a very real concern that a weakening U.S. and/or global economy could send shares of this megacap stock lower (stock split or not).</p><p>But also like Amazon, Alphabet brings its fair share of competitive advantages to the table. For example, data from GlobalStats shows that Google has controlled no less 91% of worldwide internet search share over the trailing-24-month period. Having a practical monopoly on internet search makes it easy for Google parent Alphabet to command top dollar for ad placement.</p><p>But this is a company that&#39;s about far more than just internet search these days. YouTube has become the second-most-visited social site on the planet, while Google Cloud has grown into the world&#39;s No. 3 cloud infrastructure service provider. There&#39;s a good chance Google Cloud could become Alphabet&#39;s leading operating cash flow driver by the midpoint of the decade.</p><h2>Should you stomp the accelerator with Tesla?</h2><p>EV-maker Tesla is the third company aiming to take advantage of stock-split euphoria. Having already split its shares 5-for-1 in August 2020, Tesla is seeking shareholder authorization to split its shares 3-for-1 at its upcoming annual meeting on Aug. 4, 2022.</p><p>If there&#39;s a red flag with Tesla, it may well be the company&#39;s innovative CEO, Elon Musk. Although Musk is a visionary, he&#39;s proved to be a liability for the company on more than one occasion. He&#39;s frequently overpromised and underdelivered new technology, and more recently, he&#39;s been occupied by the idea of acquiring (or not acquiring) social media site <b>Twitter</b>. Without Musk fully involved in Tesla&#39;s operations, it&#39;s not difficult to see competitors catching up from a production and performance standpoint.</p><p>Then again, Tesla did something no other automaker has done in over five decades: build itself from the ground up to mass production. Tesla looks like it&#39;s well on its way to surpassing 1 million vehicles produced this year, even with semiconductor-chip shortages and supply chains remaining challenged by the COVID-19 pandemic.</p><p>Tesla&#39;s competitive advantages could be difficult to topple, as well, thanks to ongoing innovation. Few EV manufacturers have, thus far, come close to competing with Tesla with regard to battery power, range, or capacity.</p><h2>Is Shopify worth adding to your cart?</h2><p>The fourth ultra-popular stock-split stock is cloud-based e-commerce platform Shopify. The company announced plans to conduct a 10-for-1 stock split in April and began trading at its post-split price on June 29, 2022.</p><p>Not to sound like a broken record, but the biggest concern for Shopify is similar to that of Amazon and Alphabet -- the growing threat of a recession. Shopify is counting on small-business growth to drive subscription demand and payment volume on its platform significantly higher. If economic activity falters, it would expose Shopify&#39;s lofty valuation multiples.</p><p>The good news for Shopify is that it has an exceptionally long runway to grow its operations. According to a company presentation in 2021, Shopify is sitting on a $153 billion addressable market solely from small businesses. This doesn&#39;t even factor in the company&#39;s numerous wins with bigger businesses in recent quarters.</p><p>Reinvesting in Shopify&#39;s ecosystem can pay sizable dividends, as well. Last year, Shopify launched its own buy now, pay later (BNPL) service, known as Shop Pay. A BNPL service offers its merchants more financial flexibility, and it&#39;s allowed Shopify to gobble up a sizable percentage of U.S. BNPL market share.</p><h2>And the better stock-split stock to buy right now is...</h2><p>Now that you&#39;ve had a closer look at four highly popular stock-split stocks, we can return to the question at hand. Among Amazon, Alphabet, Tesla, and Shopify, which stock-split stock is the better buy right now?</p><p>In my view, two of these four names can be eliminated right off the bat. First, we can get rid of Tesla due to the diversion created by Elon Musk, as well as the company&#39;s lofty premium to earnings. Most automakers tend to trade at a single-digit price-to-earnings ratio. With traditional automakers spending billions on EV and autonomous research, it seems unlikely Tesla will hang onto its competitive advantages for much longer.</p><p>I believe we can eliminate Shopify, as well. While I believe Shopify has a bright future over the very long term, retail-oriented businesses could struggle mightily until the nation&#39;s central bank has completed its rate-hiking cycle. It&#39;s also not entirely clear how BNPL services will fare during a period of economic weakness. Even with Shopify more than 80% below its all-time high, it&#39;s still quite pricey at close to 135 times Wall Street&#39;s forecast earnings for 2023.</p><p>This effectively brings it down to Amazon versus Alphabet -- and we&#39;ve been here before. While I believe both companies should be expected to outperform the broader market over the long run, it&#39;s Alphabet that stands out as the smarter stock-split stock to buy.</p><p>Even if Alphabet&#39;s advertising business takes a hit in the near term, the company&#39;s historically inexpensive valuation (just 17 times Wall Street&#39;s forward-year consensus earnings) provides a healthy downside buffer that these other stock-split stocks don&#39;t offer. In fact, Alphabet becomes even cheaper if you back out its $134 billion in cash, cash equivalents, and marketable securities.</p><p>If you&#39;re looking for safety and upside among stock-split stocks, Alphabet is where you&#39;ll find it.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Better Stock-Split Stock to Buy Right Now: Amazon, Alphabet, Tesla, or Shopify?</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\">\nBetter Stock-Split Stock to Buy Right Now: Amazon, Alphabet, Tesla, or Shopify?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/14/better-stock-split-amazon-alphabet-tesla-shopify/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street and investors have been hit with a flurry of news events in 2022, including historically high inflation and Russia's invasion of Ukraine. Yet amid this market volatility, the investing ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/14/better-stock-split-amazon-alphabet-tesla-shopify/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","TSLA":"特斯拉","SHOP":"Shopify Inc","AMZN":"亚马逊","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/07/14/better-stock-split-amazon-alphabet-tesla-shopify/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251138110","content_text":"Wall Street and investors have been hit with a flurry of news events in 2022, including historically high inflation and Russia's invasion of Ukraine. Yet amid this market volatility, the investing community has become fixated on companies announcing and enacting stock splits.A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operating performance. A forward stock split can be particularly helpful to retail investors who don't have access to fractional-share investing. The execution of a split can lower the nominal-dollar cost to purchase a single share of stock.In general, stock splits are viewed as a positive event within the investing community. Think of it this way: A company's share price wouldn't be high enough to command a split if the company in question weren't executing well and out-innovating its competition.Since February, e-commerce kingpin Amazon, internet search giant Alphabet (GOOGL) (GOOG), electric-vehicle (EV) manufacturer Tesla, and cloud-based e-commerce platform Shopify  have all announced stock splits. The prevailing question is, which of these stock-split stocks makes for the better buy right now?Should you load up on Amazon?First up is Amazon, which announced a 20-for-1 stock split in March and executed that split on June 6, 2022.If there's a knock against Amazon, it's the growing likelihood of a recession in the United States. The bulk of Amazon's revenue comes from its online marketplace. If retail sales were to shift into reverse, Amazon's lofty price-to-cash-flow ratio would stick out like a sore thumb in a declining market.There's plenty to like here, whether we're focused on Amazon's leading retail segment or its ancillary operations. For instance, a March 2022 report from eMarketer estimates that Amazon will account for nearly 40% of all online U.S. spending this year. Even as a low-margin operating segment, this online retail dominance has helped Amazon sign up more than 200 million Prime subscribers worldwide. The fees Amazon collects from its Prime members help to fuel investments in its logistics network and allows the company to undercut brick-and-mortar retailers on price.Even more exciting than its leading online marketplace is Amazon Web Services (AWS). According to data from Canalys, AWS accounted for a third of global cloud infrastructure spending during the first quarter. With cloud service growth still in its early innings, AWS looks to be Amazon's golden ticket going forward.Could your search end with Alphabet?The next stock up is Alphabet, the parent company of internet search-engine Google and streaming-platform YouTube. Alphabet announced plans to conduct a 20-for-1 split back in February and will make good on those plans as of tomorrow, July 15, which is when its stock split will officially take effect.Like Amazon, the biggest worry with Alphabet is that a near-term recession could derail its core business. Since a majority of Alphabet's revenue is derived from advertising, and ad revenue is one of the first things to be hit during a recession, there remains a very real concern that a weakening U.S. and/or global economy could send shares of this megacap stock lower (stock split or not).But also like Amazon, Alphabet brings its fair share of competitive advantages to the table. For example, data from GlobalStats shows that Google has controlled no less 91% of worldwide internet search share over the trailing-24-month period. Having a practical monopoly on internet search makes it easy for Google parent Alphabet to command top dollar for ad placement.But this is a company that's about far more than just internet search these days. YouTube has become the second-most-visited social site on the planet, while Google Cloud has grown into the world's No. 3 cloud infrastructure service provider. There's a good chance Google Cloud could become Alphabet's leading operating cash flow driver by the midpoint of the decade.Should you stomp the accelerator with Tesla?EV-maker Tesla is the third company aiming to take advantage of stock-split euphoria. Having already split its shares 5-for-1 in August 2020, Tesla is seeking shareholder authorization to split its shares 3-for-1 at its upcoming annual meeting on Aug. 4, 2022.If there's a red flag with Tesla, it may well be the company's innovative CEO, Elon Musk. Although Musk is a visionary, he's proved to be a liability for the company on more than one occasion. He's frequently overpromised and underdelivered new technology, and more recently, he's been occupied by the idea of acquiring (or not acquiring) social media site Twitter. Without Musk fully involved in Tesla's operations, it's not difficult to see competitors catching up from a production and performance standpoint.Then again, Tesla did something no other automaker has done in over five decades: build itself from the ground up to mass production. Tesla looks like it's well on its way to surpassing 1 million vehicles produced this year, even with semiconductor-chip shortages and supply chains remaining challenged by the COVID-19 pandemic.Tesla's competitive advantages could be difficult to topple, as well, thanks to ongoing innovation. Few EV manufacturers have, thus far, come close to competing with Tesla with regard to battery power, range, or capacity.Is Shopify worth adding to your cart?The fourth ultra-popular stock-split stock is cloud-based e-commerce platform Shopify. The company announced plans to conduct a 10-for-1 stock split in April and began trading at its post-split price on June 29, 2022.Not to sound like a broken record, but the biggest concern for Shopify is similar to that of Amazon and Alphabet -- the growing threat of a recession. Shopify is counting on small-business growth to drive subscription demand and payment volume on its platform significantly higher. If economic activity falters, it would expose Shopify's lofty valuation multiples.The good news for Shopify is that it has an exceptionally long runway to grow its operations. According to a company presentation in 2021, Shopify is sitting on a $153 billion addressable market solely from small businesses. This doesn't even factor in the company's numerous wins with bigger businesses in recent quarters.Reinvesting in Shopify's ecosystem can pay sizable dividends, as well. Last year, Shopify launched its own buy now, pay later (BNPL) service, known as Shop Pay. A BNPL service offers its merchants more financial flexibility, and it's allowed Shopify to gobble up a sizable percentage of U.S. BNPL market share.And the better stock-split stock to buy right now is...Now that you've had a closer look at four highly popular stock-split stocks, we can return to the question at hand. Among Amazon, Alphabet, Tesla, and Shopify, which stock-split stock is the better buy right now?In my view, two of these four names can be eliminated right off the bat. First, we can get rid of Tesla due to the diversion created by Elon Musk, as well as the company's lofty premium to earnings. Most automakers tend to trade at a single-digit price-to-earnings ratio. With traditional automakers spending billions on EV and autonomous research, it seems unlikely Tesla will hang onto its competitive advantages for much longer.I believe we can eliminate Shopify, as well. While I believe Shopify has a bright future over the very long term, retail-oriented businesses could struggle mightily until the nation's central bank has completed its rate-hiking cycle. It's also not entirely clear how BNPL services will fare during a period of economic weakness. Even with Shopify more than 80% below its all-time high, it's still quite pricey at close to 135 times Wall Street's forecast earnings for 2023.This effectively brings it down to Amazon versus Alphabet -- and we've been here before. While I believe both companies should be expected to outperform the broader market over the long run, it's Alphabet that stands out as the smarter stock-split stock to buy.Even if Alphabet's advertising business takes a hit in the near term, the company's historically inexpensive valuation (just 17 times Wall Street's forward-year consensus earnings) provides a healthy downside buffer that these other stock-split stocks don't offer. In fact, Alphabet becomes even cheaper if you back out its $134 billion in cash, cash equivalents, and marketable securities.If you're looking for safety and upside among stock-split stocks, Alphabet is where you'll find it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9076576203,"gmtCreate":1657881354502,"gmtModify":1676536076599,"author":{"id":"4119440412021092","authorId":"4119440412021092","name":"Sky1314","avatar":"https://community-static.tradeup.com/news/4beb98a9fb78c99ece81b94fd8174179","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4119440412021092","authorIdStr":"4119440412021092"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076576203","repostId":"1155721433","repostType":4,"repost":{"id":"1155721433","kind":"news","pubTimestamp":1657853471,"share":"https://ttm.financial/m/news/1155721433?lang=&edition=fundamental","pubTime":"2022-07-15 10:51","market":"us","language":"en","title":"Is Apple Stock Now Overvalued Or Undervalued?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155721433","media":"Seeking Alpha","summary":"SummaryAAPL stock has been under pressure due to the uncertainty regarding the downturn in the econo","content":"<html><head></head><body><p>Summary</p><ul><li>AAPL stock has been under pressure due to the uncertainty regarding the downturn in the economy.</li><li>The June quarter should be impacted by the Covid-related disruptions and supply chain constraints.</li><li>However, in the medium to long term, the company’s prospects look good with the new M-series chip increasing user experience and services growth helping margin mix.</li></ul><h3>Investment Thesis</h3><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc.&#39;s</a> sales have been growing over the last few quarters as it continues to launch innovative products and new services. This growth is reflected in the company&#39;s gross margin as well, which has improved over the last few quarters. However, the June quarter of the company is expected to be impacted by Covid-related disruptions in China, foreign exchange translation, industry-wide silicon shortages, and the shutdown of businesses in Russia. The sales are expected to be impacted in the range of $4 bn to $8 bn due to the Covid-related disruption and silicon shortages. Looking forward, the lockdown in China has started easing and the related headwinds are expected to fade in the coming quarters. In the long term, AAPL should benefit from the launch of its new products such as Macbooks and iPads with M2 chips and user-friendly updates. AAPL&#39;s larger installed base should drive the services revenue as the company introduces new services for its users. The company also plans to introduce the Apple car by 2025 and AR/VR headsets by 2023, which could be incremental to the company&#39;s revenue.</p><h3>AAPL Stock Key Metrics</h3><p>Apple derives its revenues from both products and services. While services accounted for ~20% of revenues in the last reported quarter, the gross margin for the services business is almost double that of products. So, growth in the services business is going to be a significant driver of the company&#39;s margins looking forward. The products&#39; revenue includes the sales generated by the iPhone, iPad, Mac, and Wearables, Home &amp; Accessories, whereas the service revenue includes the revenue generated from advertising and its services such as Apple Care, Cloud services, and offering digital content through its subscription-based services such as Apple Music, Apple Arcade, Apple TV+, Apple Fitness+, and Apple News+. The first quarter for products has always been outstanding, as the company launches most of its new products (especially iPhones) between September and October. In the last three years, the Wearables, Home &amp; Accessories sub-segment have seen good growth. The sales of Macs were at their highest level too, as the company is continuously investing and driving innovation in its Apple silicon processors. Almost 50% of the customers purchasing Macs were new to the product during the March quarter. The transition of Apple from Intel (INTC) to Apple silicon processors is benefiting the company&#39;s Mac sales. The iPad sales of the company are being affected due to the supply chain constraints, but the demand for iPads has increased over the last few quarters for education, entertainment, and creativity purposes.</p><p>The revenue generated from the Services segment has almost doubled from Q1 FY19 to Q2 FY22, primarily due to Apple&#39;s growth in its installed base of active devices. The company is also working towards improving its services and growing its customer base in the service segment by launching new services such as Tap to Pay.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/feb76a40d5050be91acb1a7c0758e69a\" tg-width=\"1280\" tg-height=\"794\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s Products and Services revenue (Company data, GS Analytics Research)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76c590b5218d3c0c0250cd32ecedf571\" tg-width=\"1280\" tg-height=\"794\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s Product revenue disaggregation (Company data, GS Analytics Research)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30dd13051739a81500999e2a29f91a7a\" tg-width=\"1280\" tg-height=\"792\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s gross margin (Company data, GS Analytics Research)</span></p><p>AAPL&#39;s gross margin has been improving Y/Y over the last few quarters, especially due to the growth in the services side of the business. The Product margin was impacted during the Covid period but has improved since then. In the last reported quarter, the Product margin declined 200 bps sequentially due to the seasonality of the business, unfavorable currency translation, and an inflationary environment. As a result overall margins also saw a slight decline sequentially. Looking forward, June quarter product sales and margins are likely to be impacted by supply chain disruption but in the long term, the company should resume its growth trajectory as these disruptions ease.</p><h3>Is Apple Stock Worth Investing In?</h3><p>After the recent decline of AAPL from its all-time high of $182.94, the stock looks attractive to buy at the current levels. I think the near-term headwinds might impact the sales growth and profitability of the company, but as they subside, the company has good potential to grow in the long run. The year-over-year revenue growth of the company in the June quarter, i.e., Q3 FY22, should be impacted due to the lockdowns that were implemented in China in March 2022. The Covid-related disruption did not affect the company&#39;s March quarter significantly as it already had decent inventory levels, but we might see its impact in the June quarter due to supply chain constraints and a decline in demand in China.</p><p>The Covid-related disruption and the industry-wide silicon shortage are expected to hamper the June quarter&#39;s revenue of the company by $4 bn to $8 bn. Apple outsources most of its products from China and generates almost 20% of its revenue from the Greater China region.</p><p>Due to geopolitical tensions between Russia and Ukraine, the company paused its sales in Russia in March, which partially affected Q2 FY22 and is expected to impact the June quarter by almost 150 basis points in the Y/Y growth rate. Additionally, changes in the foreign exchange rate should also impact Apple&#39;s revenue as almost 60% of the total revenue comes from international business. Over the last few months, the dollar has strengthened compared to other currencies. This is expected to impact the growth rate in Q3 FY22 by 300 basis points.</p><p>The lockdowns in China started getting lifted from April end and almost all the affected factories of Apple in China have restarted. So, I believe the conditions should improve over the next few quarters. In the long term, Apple should be able to grow its business through product innovations and growth in its services business.</p><p>In recent years, the company shifted from using Intel processors to using in-house manufactured Apple silicon processors in its devices, such as the Mac and iPad. Since the launch of Apple Silicon chips in its products, Apple has seen strong demand for its Mac and iPad products over the last few quarters. In June 2022, Apple announced new products, services, and updates at WWDC22. The company unveiled the 13-inch MacBook Pro and MacBook Air, both of which run on the brand-new M2 chips. The new M2 chips are the next generation of Apple silicon that is designed specifically for Macs. The M2 chip takes the breakthrough performance of the M1 chip to the next level, enhancing the user experience. The company&#39;s M1-powered devices have already seen success, and I believe as the M2-powered devices roll into the market, Apple&#39;s sales should benefit as the demand for faster-performance devices is high. The demand for performance-driven devices has grown in tandem with the global shift toward technology and the expansion of the gaming and content creation sectors.</p><p>Apple also unveiled its newest operating system, iOS 16, at the WWDC22 event. Recently, in July 2022, the company released the public beta version of its iOS 16 software update. The iOS 16 update offers users to personalize their lock screen by customizing font styles, adding widgets, and creating multiple lock screens. Users can also manage how their notifications appear on the lock screen and follow any ongoing activity through Live Activities right from the lock screen without cluttering the lock screen with notifications. The update will also provide users to edit their sent messages, use SharePlay via messages, update the dictation feature, new map features, and better integration with Siri.</p><p>The company has been able to grow its installed base over a period of time, which should benefit its service business. The company has almost doubled its services revenue over the past three years. Apple is also planning to introduce Tap to Pay on the iPhone later this year, where businesses can accept contactless payments in a simple and secure way. The company has also introduced subscription-based services for small businesses to manage their Apple products and services. Further, the upcoming &#34;Buy Now Pay Later&#34; (BNPL) feature within its Apple Pay service will allow users to buy products from stores that support Apple Pay in four installments with zero fees and interest. To complement this feature, the company is also introducing an order tracking feature, so that users can track their orders. I believe as the company brings new services to its users, it should be able to grow its service revenue at a good rate in the long run. Since Services gross margins are almost double that of products for Apple, it will help improve the overall margin of the company.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f52bc554677acbbdc4a8096543c03f05\" tg-width=\"1280\" tg-height=\"791\" referrerpolicy=\"no-referrer\"/><span>Apple&#39;s service segment revenue growth (Company data, GS Analytics Research)</span></p><p>In addition to its traditional markets, AAPL is also venturing into new businesses like Autonomous vehicles, and AR/VR headsets which if successful could drive further avenues of growth. While management has not given much guidance on it, Apple&#39;s autonomous vehicles should be launched by 2025. The company is hiring the necessary veterans and engineers for this project to be successful. AAPL has already been spotted testing its vehicle in California by some Auto and Technology journalists. Apple has been partnering and working with other auto companies to develop its self-driving vehicle. Over the last few years, the company has also been focusing on developing AR/VR headsets, which are expected to hit the market next year, according to Apple analyst Ming-Chi Kuo and Bloomberg&#39;s Mark Gurman. This product should compete with Meta&#39;s (META) Oculus Quest, which is already present in the market. I believe Apple has good growth prospects with its existing product updates, services growth and potential new launches. Hence, I believe it is worth investing in for long-term investors.</p><h3>What Is Apple&#39;s Target Price?</h3><p>If we look at Wall Street ratings, most of the analysts are bullish on the stock. Out of 43 analysts covering the stock, 33 have buy or strong buy ratings, nine have hold ratings and only one has a sell rating. The average target price for the stock is $182.82 which implies over 25% upside from the current levels.</p><h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cccc391c2202c1aa4e3e3c8c6dc44306\" tg-width=\"1280\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>AAPL Average Target Price (Seeking Alpha)</span></p>Is Apple Stock A Fair Value?</h3><p>Apple is currently trading at 23.72x FY22 (ending September 2022) and 22.34x (ending September 2023) earnings. While these valuations are roughly in line to a slight premium versus the company&#39;s five-year average forward multiple of 22.18x, I believe the market is not capturing some of the potential acceleration in the company&#39;s revenues and earnings growth prospects and the stock offers good upside at the current levels.</p><p>I believe the company&#39;s business is poised to accelerate with its M-series chips offering much better performance compared to its previously used Intel chips which should improve the satisfaction of loyal Apple customers as well as bring in new customers, especially the high-end gamers, content creators, and others looking for better performance.</p><p>Further, the company&#39;s success in growing its services business bodes really well for AAPL. Firstly, the services business has really high gross margins. So, an increased mix towards the services business will help the overall margins of the company. Secondly, the service business should have much less cyclicality and uncertainty compared to new product launches. So, it improves the quality of the overall business and imparts some defensiveness to sales and earnings. This should limit the downside during a slowdown and help the company maintain a high P/E multiple. Finally, services create further customer stickiness for Apple as those liking Apple&#39;s services are likely to buy Apple products again when they upgrade or use Apple&#39;s other product offerings.</p><p>In addition, there can be a further upside if the company gains any success with its new launches like the Apple car or VR/AR headsets.</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>Is Apple Stock Now Overvalued Or Undervalued?</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\">\nIs Apple Stock Now Overvalued Or Undervalued?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4523331-is-apple-stock-overvalued-undervalued><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAAPL stock has been under pressure due to the uncertainty regarding the downturn in the economy.The June quarter should be impacted by the Covid-related disruptions and supply chain constraints...</p>\n\n<a href=\"https://seekingalpha.com/article/4523331-is-apple-stock-overvalued-undervalued\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4523331-is-apple-stock-overvalued-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155721433","content_text":"SummaryAAPL stock has been under pressure due to the uncertainty regarding the downturn in the economy.The June quarter should be impacted by the Covid-related disruptions and supply chain constraints.However, in the medium to long term, the company’s prospects look good with the new M-series chip increasing user experience and services growth helping margin mix.Investment ThesisApple Inc.'s sales have been growing over the last few quarters as it continues to launch innovative products and new services. This growth is reflected in the company's gross margin as well, which has improved over the last few quarters. However, the June quarter of the company is expected to be impacted by Covid-related disruptions in China, foreign exchange translation, industry-wide silicon shortages, and the shutdown of businesses in Russia. The sales are expected to be impacted in the range of $4 bn to $8 bn due to the Covid-related disruption and silicon shortages. Looking forward, the lockdown in China has started easing and the related headwinds are expected to fade in the coming quarters. In the long term, AAPL should benefit from the launch of its new products such as Macbooks and iPads with M2 chips and user-friendly updates. AAPL's larger installed base should drive the services revenue as the company introduces new services for its users. The company also plans to introduce the Apple car by 2025 and AR/VR headsets by 2023, which could be incremental to the company's revenue.AAPL Stock Key MetricsApple derives its revenues from both products and services. While services accounted for ~20% of revenues in the last reported quarter, the gross margin for the services business is almost double that of products. So, growth in the services business is going to be a significant driver of the company's margins looking forward. The products' revenue includes the sales generated by the iPhone, iPad, Mac, and Wearables, Home & Accessories, whereas the service revenue includes the revenue generated from advertising and its services such as Apple Care, Cloud services, and offering digital content through its subscription-based services such as Apple Music, Apple Arcade, Apple TV+, Apple Fitness+, and Apple News+. The first quarter for products has always been outstanding, as the company launches most of its new products (especially iPhones) between September and October. In the last three years, the Wearables, Home & Accessories sub-segment have seen good growth. The sales of Macs were at their highest level too, as the company is continuously investing and driving innovation in its Apple silicon processors. Almost 50% of the customers purchasing Macs were new to the product during the March quarter. The transition of Apple from Intel (INTC) to Apple silicon processors is benefiting the company's Mac sales. The iPad sales of the company are being affected due to the supply chain constraints, but the demand for iPads has increased over the last few quarters for education, entertainment, and creativity purposes.The revenue generated from the Services segment has almost doubled from Q1 FY19 to Q2 FY22, primarily due to Apple's growth in its installed base of active devices. The company is also working towards improving its services and growing its customer base in the service segment by launching new services such as Tap to Pay.Apple's Products and Services revenue (Company data, GS Analytics Research)Apple's Product revenue disaggregation (Company data, GS Analytics Research)Apple's gross margin (Company data, GS Analytics Research)AAPL's gross margin has been improving Y/Y over the last few quarters, especially due to the growth in the services side of the business. The Product margin was impacted during the Covid period but has improved since then. In the last reported quarter, the Product margin declined 200 bps sequentially due to the seasonality of the business, unfavorable currency translation, and an inflationary environment. As a result overall margins also saw a slight decline sequentially. Looking forward, June quarter product sales and margins are likely to be impacted by supply chain disruption but in the long term, the company should resume its growth trajectory as these disruptions ease.Is Apple Stock Worth Investing In?After the recent decline of AAPL from its all-time high of $182.94, the stock looks attractive to buy at the current levels. I think the near-term headwinds might impact the sales growth and profitability of the company, but as they subside, the company has good potential to grow in the long run. The year-over-year revenue growth of the company in the June quarter, i.e., Q3 FY22, should be impacted due to the lockdowns that were implemented in China in March 2022. The Covid-related disruption did not affect the company's March quarter significantly as it already had decent inventory levels, but we might see its impact in the June quarter due to supply chain constraints and a decline in demand in China.The Covid-related disruption and the industry-wide silicon shortage are expected to hamper the June quarter's revenue of the company by $4 bn to $8 bn. Apple outsources most of its products from China and generates almost 20% of its revenue from the Greater China region.Due to geopolitical tensions between Russia and Ukraine, the company paused its sales in Russia in March, which partially affected Q2 FY22 and is expected to impact the June quarter by almost 150 basis points in the Y/Y growth rate. Additionally, changes in the foreign exchange rate should also impact Apple's revenue as almost 60% of the total revenue comes from international business. Over the last few months, the dollar has strengthened compared to other currencies. This is expected to impact the growth rate in Q3 FY22 by 300 basis points.The lockdowns in China started getting lifted from April end and almost all the affected factories of Apple in China have restarted. So, I believe the conditions should improve over the next few quarters. In the long term, Apple should be able to grow its business through product innovations and growth in its services business.In recent years, the company shifted from using Intel processors to using in-house manufactured Apple silicon processors in its devices, such as the Mac and iPad. Since the launch of Apple Silicon chips in its products, Apple has seen strong demand for its Mac and iPad products over the last few quarters. In June 2022, Apple announced new products, services, and updates at WWDC22. The company unveiled the 13-inch MacBook Pro and MacBook Air, both of which run on the brand-new M2 chips. The new M2 chips are the next generation of Apple silicon that is designed specifically for Macs. The M2 chip takes the breakthrough performance of the M1 chip to the next level, enhancing the user experience. The company's M1-powered devices have already seen success, and I believe as the M2-powered devices roll into the market, Apple's sales should benefit as the demand for faster-performance devices is high. The demand for performance-driven devices has grown in tandem with the global shift toward technology and the expansion of the gaming and content creation sectors.Apple also unveiled its newest operating system, iOS 16, at the WWDC22 event. Recently, in July 2022, the company released the public beta version of its iOS 16 software update. The iOS 16 update offers users to personalize their lock screen by customizing font styles, adding widgets, and creating multiple lock screens. Users can also manage how their notifications appear on the lock screen and follow any ongoing activity through Live Activities right from the lock screen without cluttering the lock screen with notifications. The update will also provide users to edit their sent messages, use SharePlay via messages, update the dictation feature, new map features, and better integration with Siri.The company has been able to grow its installed base over a period of time, which should benefit its service business. The company has almost doubled its services revenue over the past three years. Apple is also planning to introduce Tap to Pay on the iPhone later this year, where businesses can accept contactless payments in a simple and secure way. The company has also introduced subscription-based services for small businesses to manage their Apple products and services. Further, the upcoming \"Buy Now Pay Later\" (BNPL) feature within its Apple Pay service will allow users to buy products from stores that support Apple Pay in four installments with zero fees and interest. To complement this feature, the company is also introducing an order tracking feature, so that users can track their orders. I believe as the company brings new services to its users, it should be able to grow its service revenue at a good rate in the long run. Since Services gross margins are almost double that of products for Apple, it will help improve the overall margin of the company.Apple's service segment revenue growth (Company data, GS Analytics Research)In addition to its traditional markets, AAPL is also venturing into new businesses like Autonomous vehicles, and AR/VR headsets which if successful could drive further avenues of growth. While management has not given much guidance on it, Apple's autonomous vehicles should be launched by 2025. The company is hiring the necessary veterans and engineers for this project to be successful. AAPL has already been spotted testing its vehicle in California by some Auto and Technology journalists. Apple has been partnering and working with other auto companies to develop its self-driving vehicle. Over the last few years, the company has also been focusing on developing AR/VR headsets, which are expected to hit the market next year, according to Apple analyst Ming-Chi Kuo and Bloomberg's Mark Gurman. This product should compete with Meta's (META) Oculus Quest, which is already present in the market. I believe Apple has good growth prospects with its existing product updates, services growth and potential new launches. Hence, I believe it is worth investing in for long-term investors.What Is Apple's Target Price?If we look at Wall Street ratings, most of the analysts are bullish on the stock. Out of 43 analysts covering the stock, 33 have buy or strong buy ratings, nine have hold ratings and only one has a sell rating. The average target price for the stock is $182.82 which implies over 25% upside from the current levels.AAPL Average Target Price (Seeking Alpha)Is Apple Stock A Fair Value?Apple is currently trading at 23.72x FY22 (ending September 2022) and 22.34x (ending September 2023) earnings. While these valuations are roughly in line to a slight premium versus the company's five-year average forward multiple of 22.18x, I believe the market is not capturing some of the potential acceleration in the company's revenues and earnings growth prospects and the stock offers good upside at the current levels.I believe the company's business is poised to accelerate with its M-series chips offering much better performance compared to its previously used Intel chips which should improve the satisfaction of loyal Apple customers as well as bring in new customers, especially the high-end gamers, content creators, and others looking for better performance.Further, the company's success in growing its services business bodes really well for AAPL. Firstly, the services business has really high gross margins. So, an increased mix towards the services business will help the overall margins of the company. Secondly, the service business should have much less cyclicality and uncertainty compared to new product launches. So, it improves the quality of the overall business and imparts some defensiveness to sales and earnings. This should limit the downside during a slowdown and help the company maintain a high P/E multiple. Finally, services create further customer stickiness for Apple as those liking Apple's services are likely to buy Apple products again when they upgrade or use Apple's other product offerings.In addition, there can be a further upside if the company gains any success with its new launches like the Apple car or VR/AR headsets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076572271,"gmtCreate":1657881589193,"gmtModify":1676536076616,"author":{"id":"4119440412021092","authorId":"4119440412021092","name":"Sky1314","avatar":"https://community-static.tradeup.com/news/4beb98a9fb78c99ece81b94fd8174179","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4119440412021092","authorIdStr":"4119440412021092"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076572271","repostId":"1110793035","repostType":4,"repost":{"id":"1110793035","kind":"news","pubTimestamp":1657849636,"share":"https://ttm.financial/m/news/1110793035?lang=&edition=fundamental","pubTime":"2022-07-15 09:47","market":"sg","language":"en","title":"Mid-Year Review Of My 5 Largest Tech Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1110793035","media":"The Smart Investor","summary":"Should you be worried about recent stock declines, or can you seek refuge in strong fundamentals? He","content":"<html><head></head><body><p>Should you be worried about recent stock declines, or can you seek refuge in strong fundamentals? Here is a mid-year review of my five largest tech stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed211d4ef392850f3fb64d8159afb0b7\" tg-width=\"1068\" tg-height=\"601\" width=\"100%\" height=\"auto\"/><span>Source: Netflix Media Centre</span></p><p>As an investor that has a more than 70% concentration of my portfolio in technology stocks, this year hasn’t been all roses and sunshine for me.</p><p>Just a few weeks ago, the S&amp;P 500 Index entered a bear market after closing more than 22% below its all time high of 4,818.62 on 4 January 2022.</p><p>From the Russia-Ukraine war and COVID-related lockdowns in China that disrupted supply chains to the biggest interest rate hike since 1994, the blows just keep landing.</p><p>The worst mistake any investor can make is to sell their shares in panic when nothing is fundamentally wrong with the business.</p><p>We will now take a closer look at five technology companies within my portfolio.</p><p><b>Zoom Video (NASDAQ: ZM)</b></p><p>Zoom Video Communications, or Zoom, is a secure and reliable video communications platform that became a verb during the peak of the pandemic due to its popularity.</p><p>Its share price has fallen a long way since the all time high of US$588.84 on 19 October 2020.</p><p>As of 12th July, Zoom’s share price has fallen 41% year to date.</p><p>In its fiscal first quarter 2023 (1Q2023), revenue rose by 12% year on year to US$1.1 billion.</p><p>Zoom has seen momentum in Enterprise customers’ growth, with Enterprise revenue rising by 31% year on year to US$560 million during the quarter.</p><p>A closely-watched metric is Enterprise customers as it indicates the company’s efforts on growing the customer segment that contributes the bulk of its revenue.</p><p>The total number of Enterprise customers that contributed more than US$100,000 in annual billings grew 46% year on year to 2,916.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07192b5a5136e154860d452b0e26ccb2\" tg-width=\"532\" tg-height=\"906\" width=\"100%\" height=\"auto\"/><span>Source: Zoom, 1Q2023 earnings deck, &gt;US$100k customers breakdown</span></p><p>For the coming quarters, a key aspect to watch will be how Zoom sells through other product offerings such as Zoom Contact Centre, Zoom Phone, Zoom Whiteboard, and Zoom IQ for sales teams.</p><p><b>Tesla (NASDAQ: TSLA)</b></p><p>Tesla is one of the world’s largest all-electric vehicle companies through the sale of cars, pickup trucks in the United States, China, and other countries around the world.</p><p>Differing from most of the other automotive manufacturers that sell through franchised dealerships, Tesla sells its cars direct to consumers.</p><p>This prevents any potential conflicts of interests which may arise as Tesla owns the showrooms and customers deal only with its staff.</p><p>Tesla also sells directly through the internet to consumers where a Tesla can be customised online.</p><p>In 1Q2022, Tesla reported an 81% year on year growth in total revenue to US$18.7 billion, and net income rose more than seven-fold to US$3.3 billion.</p><p>This growth was largely attributable to increased vehicle deliveries, which grew 68% year on year to 310,048 in 1Q2022.</p><p>Tesla also cited increased average selling price as one of the factors contributing to the increased revenue seen, which suggests to me they have strong pricing power.</p><p>On 2 July, Tesla released its 2Q2022’s vehicle production and delivery numbers of (Production: 258,580, Deliveries: 254,695), which caused a temporary sell off as investors started to compare it with the production and delivery numbers seen in 1Q2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07136f60994c0e93ada5ea9ed5fa0426\" tg-width=\"1018\" tg-height=\"632\" width=\"100%\" height=\"auto\"/><span>Source: Tesla, 1Q2022 update, 2Q2022 production and delivery update</span></p><p>Although it seems that there is a 17.9% decline in vehicle delivery numbers between 1Q2022 and 2Q2022, investors should note that the delivery numbers are still 26.5% higher than that of 2Q2021.</p><p>With its commitment to achieve 50% average annual growth in vehicle deliveries, and seeing what increased delivery numbers mean for its revenue and net income, I remain a patient investor in Tesla.</p><p>Tesla’s full set of 2Q2022 numbers will be announced on 20th July, after the US market closes.</p><p><b>Netflix (NASDAQ: NFLX)</b></p><p>Netflix is one of the world’s largest streaming media and entertainment services companies, with 222 million paid memberships in over 190 countries.</p><p>Netflix surged to dominance similarly during the COVID-19 period when most countries were on lockdown.</p><p>Over the years, it has consistently produced great content that hooked viewers, with popular TV series Stranger Things, Squid Game and Money Heist etc.</p><p>With the current bear market and tech sell off that we witnessed not too long ago, the stock has also fallen 70.8% year to date (12 July 2022’s closing price).</p><p>Netflix’s 1Q2022 revenue rose 9.8% year on year to US$7.9 billion, while net income for the same period declined 6.8% year on year to US$1.6 billion.</p><p>In its 1Q2022 earnings call, Netflix reported a loss of 200,000 subscribers compared with its previous quarter and mentioned that it is guiding for a two million loss in subscribers for its second quarter.</p><p>Although the market didn’t react well to this news, there is justification for this guidance and the plans that Netflix has laid out seemed fair.</p><p>Netflix is looking to introduce more controls to prevent password sharing outside the household.</p><p>More than 100 million households are piggy backing on other paid subscribers</p><p>These free loaders are active users as well, so it is reasonable for Netflix to levy an introductory charge on this base of customers.</p><p>Such a move, if successful, could open up an additional revenue stream for the streaming giant.</p><p>To combat the fierce competition from the likes of <b>Walt Disney</b> (NYSE: DIS) and <b>Amazon</b> (NASDAQ: AMZN), Netflix is looking to offer lower-cost plans with advertising.</p><p>This is a win-win model that would not only attract and retain budget-constrained subscribers, but also introduce new revenue streams for the company.</p><p><b>DocuSign (NASDAQ: DOCU)</b></p><p>DocuSign is an e-signature platform provider that enables organisations to automate, sign, and manage agreements electronically across practically any smart device.</p><p>It is the world’s number one e-signature solution with a strong base of 1.24 million customers.</p><p>For its 1Q2023 ended 30 April 2022, DocuSign reported revenue growth of 25% year on year to US$589 million.</p><p>Gross margin was 81%, with operating margin 17% for 1Q2023.</p><p>Alongside these strong margins, DocuSign also commands a high net dollar retention rate of 114%.</p><p>DocuSign spooked the market when it announced weak guidance for 2Q2023’s billings, between the range of US$599 million to US$609 million.</p><p>The market felt that this forecasted increase, even at the top end of its range, was only 2.3% higher than 2Q2022’s US$595.4 million.</p><p>That said, looking at the explosive growth in its total customer base, which has a compound annual growth rate (CAGR) of 40% from FY2013 to 1Q2023, monetisation opportunities are still plenty for DocuSign.</p><p>In addition, its strength in gaining enterprise customers that spend more than US$300,000 a year, also saw a CAGR of 44% from FY2013 to 886 in 1Q2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c809c6cded90f0fb929ce7512bc5fe3a\" tg-width=\"1050\" tg-height=\"980\" width=\"100%\" height=\"auto\"/><span>Source: DocuSign, 1Q2023 earnings release, customer base breakdown</span></p><p>Last but not least, the strategic partnership that DocuSign announced with <b>Microsoft</b> (NASDAQ: MFST), which will see integration of cross products, means there will be extra momentum that will come from the Enterprise segment.</p><p><b>Apple (NASDAQ: APPL)</b></p><p>Apple is a company that needs no further introduction. It changed the entire era of smartphones and is now one of the most valuable brands in the world.</p><p>It is also the largest contributor to the S&amp;P 500 index.</p><p>Apple has a strong base of loyal customers and has, over years, created a strong and interlinked ecosystem of products and services on the back of the success of the iPhone.</p><p>In its 2Q2022 earnings, we saw how Apple outperformed analysts’ expectations by reporting revenue of US$97.3 billion, above the US$94 billion that was forecasted.</p><p>As the COVID-related supply chain woes in China ease, Apple will benefit from the effect in the next few quarters.</p><p>As an investor, Apple’s main draw is the ability to innovate and cross sell its other services and products together directly to a strong and loyal customer base.</p><p>Although word on the street is pointing at Apple’s possible release of a virtual reality headset, what is certain is that when Apple launches it, this will likely be tied in with services revenue.</p><p>Services Revenue was Apple’s fastest growing segment as of 2Q2022 (+17% year on year), with revenue of US$19.8 billion.</p><p><b>Final Thoughts</b></p><p>Although most of the stocks above did fall from a high, a closer look at each stock provides assurance that the business behind each company is doing fine.</p><p>It is hard not to feel affected when the same stocks were registering more than 100% gains, but as a long term investor, I’m in for the long term, and I’ll likely strategically add on to these positions whenever there’s a chance.</p></body></html>","source":"lsy1602567310727","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>Mid-Year Review Of My 5 Largest Tech Stocks</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\">\nMid-Year Review Of My 5 Largest Tech Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/mid-year-review-of-my-5-largest-tech-stocks/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Should you be worried about recent stock declines, or can you seek refuge in strong fundamentals? Here is a mid-year review of my five largest tech stocks.Source: Netflix Media CentreAs an investor ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/mid-year-review-of-my-5-largest-tech-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","TSLA":"特斯拉","AAPL":"苹果","ZM":"Zoom","DOCU":"Docusign"},"source_url":"https://thesmartinvestor.com.sg/mid-year-review-of-my-5-largest-tech-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110793035","content_text":"Should you be worried about recent stock declines, or can you seek refuge in strong fundamentals? Here is a mid-year review of my five largest tech stocks.Source: Netflix Media CentreAs an investor that has a more than 70% concentration of my portfolio in technology stocks, this year hasn’t been all roses and sunshine for me.Just a few weeks ago, the S&P 500 Index entered a bear market after closing more than 22% below its all time high of 4,818.62 on 4 January 2022.From the Russia-Ukraine war and COVID-related lockdowns in China that disrupted supply chains to the biggest interest rate hike since 1994, the blows just keep landing.The worst mistake any investor can make is to sell their shares in panic when nothing is fundamentally wrong with the business.We will now take a closer look at five technology companies within my portfolio.Zoom Video (NASDAQ: ZM)Zoom Video Communications, or Zoom, is a secure and reliable video communications platform that became a verb during the peak of the pandemic due to its popularity.Its share price has fallen a long way since the all time high of US$588.84 on 19 October 2020.As of 12th July, Zoom’s share price has fallen 41% year to date.In its fiscal first quarter 2023 (1Q2023), revenue rose by 12% year on year to US$1.1 billion.Zoom has seen momentum in Enterprise customers’ growth, with Enterprise revenue rising by 31% year on year to US$560 million during the quarter.A closely-watched metric is Enterprise customers as it indicates the company’s efforts on growing the customer segment that contributes the bulk of its revenue.The total number of Enterprise customers that contributed more than US$100,000 in annual billings grew 46% year on year to 2,916.Source: Zoom, 1Q2023 earnings deck, >US$100k customers breakdownFor the coming quarters, a key aspect to watch will be how Zoom sells through other product offerings such as Zoom Contact Centre, Zoom Phone, Zoom Whiteboard, and Zoom IQ for sales teams.Tesla (NASDAQ: TSLA)Tesla is one of the world’s largest all-electric vehicle companies through the sale of cars, pickup trucks in the United States, China, and other countries around the world.Differing from most of the other automotive manufacturers that sell through franchised dealerships, Tesla sells its cars direct to consumers.This prevents any potential conflicts of interests which may arise as Tesla owns the showrooms and customers deal only with its staff.Tesla also sells directly through the internet to consumers where a Tesla can be customised online.In 1Q2022, Tesla reported an 81% year on year growth in total revenue to US$18.7 billion, and net income rose more than seven-fold to US$3.3 billion.This growth was largely attributable to increased vehicle deliveries, which grew 68% year on year to 310,048 in 1Q2022.Tesla also cited increased average selling price as one of the factors contributing to the increased revenue seen, which suggests to me they have strong pricing power.On 2 July, Tesla released its 2Q2022’s vehicle production and delivery numbers of (Production: 258,580, Deliveries: 254,695), which caused a temporary sell off as investors started to compare it with the production and delivery numbers seen in 1Q2022.Source: Tesla, 1Q2022 update, 2Q2022 production and delivery updateAlthough it seems that there is a 17.9% decline in vehicle delivery numbers between 1Q2022 and 2Q2022, investors should note that the delivery numbers are still 26.5% higher than that of 2Q2021.With its commitment to achieve 50% average annual growth in vehicle deliveries, and seeing what increased delivery numbers mean for its revenue and net income, I remain a patient investor in Tesla.Tesla’s full set of 2Q2022 numbers will be announced on 20th July, after the US market closes.Netflix (NASDAQ: NFLX)Netflix is one of the world’s largest streaming media and entertainment services companies, with 222 million paid memberships in over 190 countries.Netflix surged to dominance similarly during the COVID-19 period when most countries were on lockdown.Over the years, it has consistently produced great content that hooked viewers, with popular TV series Stranger Things, Squid Game and Money Heist etc.With the current bear market and tech sell off that we witnessed not too long ago, the stock has also fallen 70.8% year to date (12 July 2022’s closing price).Netflix’s 1Q2022 revenue rose 9.8% year on year to US$7.9 billion, while net income for the same period declined 6.8% year on year to US$1.6 billion.In its 1Q2022 earnings call, Netflix reported a loss of 200,000 subscribers compared with its previous quarter and mentioned that it is guiding for a two million loss in subscribers for its second quarter.Although the market didn’t react well to this news, there is justification for this guidance and the plans that Netflix has laid out seemed fair.Netflix is looking to introduce more controls to prevent password sharing outside the household.More than 100 million households are piggy backing on other paid subscribersThese free loaders are active users as well, so it is reasonable for Netflix to levy an introductory charge on this base of customers.Such a move, if successful, could open up an additional revenue stream for the streaming giant.To combat the fierce competition from the likes of Walt Disney (NYSE: DIS) and Amazon (NASDAQ: AMZN), Netflix is looking to offer lower-cost plans with advertising.This is a win-win model that would not only attract and retain budget-constrained subscribers, but also introduce new revenue streams for the company.DocuSign (NASDAQ: DOCU)DocuSign is an e-signature platform provider that enables organisations to automate, sign, and manage agreements electronically across practically any smart device.It is the world’s number one e-signature solution with a strong base of 1.24 million customers.For its 1Q2023 ended 30 April 2022, DocuSign reported revenue growth of 25% year on year to US$589 million.Gross margin was 81%, with operating margin 17% for 1Q2023.Alongside these strong margins, DocuSign also commands a high net dollar retention rate of 114%.DocuSign spooked the market when it announced weak guidance for 2Q2023’s billings, between the range of US$599 million to US$609 million.The market felt that this forecasted increase, even at the top end of its range, was only 2.3% higher than 2Q2022’s US$595.4 million.That said, looking at the explosive growth in its total customer base, which has a compound annual growth rate (CAGR) of 40% from FY2013 to 1Q2023, monetisation opportunities are still plenty for DocuSign.In addition, its strength in gaining enterprise customers that spend more than US$300,000 a year, also saw a CAGR of 44% from FY2013 to 886 in 1Q2023.Source: DocuSign, 1Q2023 earnings release, customer base breakdownLast but not least, the strategic partnership that DocuSign announced with Microsoft (NASDAQ: MFST), which will see integration of cross products, means there will be extra momentum that will come from the Enterprise segment.Apple (NASDAQ: APPL)Apple is a company that needs no further introduction. It changed the entire era of smartphones and is now one of the most valuable brands in the world.It is also the largest contributor to the S&P 500 index.Apple has a strong base of loyal customers and has, over years, created a strong and interlinked ecosystem of products and services on the back of the success of the iPhone.In its 2Q2022 earnings, we saw how Apple outperformed analysts’ expectations by reporting revenue of US$97.3 billion, above the US$94 billion that was forecasted.As the COVID-related supply chain woes in China ease, Apple will benefit from the effect in the next few quarters.As an investor, Apple’s main draw is the ability to innovate and cross sell its other services and products together directly to a strong and loyal customer base.Although word on the street is pointing at Apple’s possible release of a virtual reality headset, what is certain is that when Apple launches it, this will likely be tied in with services revenue.Services Revenue was Apple’s fastest growing segment as of 2Q2022 (+17% year on year), with revenue of US$19.8 billion.Final ThoughtsAlthough most of the stocks above did fall from a high, a closer look at each stock provides assurance that the business behind each company is doing fine.It is hard not to feel affected when the same stocks were registering more than 100% gains, but as a long term investor, I’m in for the long term, and I’ll likely strategically add on to these positions whenever there’s a chance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076573511,"gmtCreate":1657880739933,"gmtModify":1676536076528,"author":{"id":"4119440412021092","authorId":"4119440412021092","name":"Sky1314","avatar":"https://community-static.tradeup.com/news/4beb98a9fb78c99ece81b94fd8174179","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4119440412021092","authorIdStr":"4119440412021092"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076573511","repostId":"2251138110","repostType":4,"repost":{"id":"2251138110","kind":"highlight","pubTimestamp":1657855692,"share":"https://ttm.financial/m/news/2251138110?lang=&edition=fundamental","pubTime":"2022-07-15 11:28","market":"us","language":"en","title":"Better Stock-Split Stock to Buy Right Now: Amazon, Alphabet, Tesla, or Shopify?","url":"https://stock-news.laohu8.com/highlight/detail?id=2251138110","media":"Motley Fool","summary":"Among Amazon, Alphabet, Tesla, and Shopify is one company that can confidently be bought hand over fist right now.","content":"<html><head></head><body><p>Wall Street and investors have been hit with a flurry of news events in 2022, including historically high inflation and Russia&#39;s invasion of Ukraine. Yet amid this market volatility, the investing community has become fixated on companies announcing and enacting stock splits.</p><p>A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operating performance. A forward stock split can be particularly helpful to retail investors who don&#39;t have access to fractional-share investing. The execution of a split can lower the nominal-dollar cost to purchase a single share of stock.</p><p>In general, stock splits are viewed as a positive event within the investing community. Think of it this way: A company&#39;s share price wouldn&#39;t be high enough to command a split if the company in question weren&#39;t executing well and out-innovating its competition.</p><p>Since February, e-commerce kingpin <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, internet search giant Alphabet (GOOGL) (GOOG), electric-vehicle (EV) manufacturer <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, and cloud-based e-commerce platform <a href=\"https://laohu8.com/S/SHOP\">Shopify </a> have all announced stock splits. The prevailing question is, which of these stock-split stocks makes for the better buy right now?</p><h2>Should you load up on Amazon?</h2><p>First up is Amazon, which announced a 20-for-1 stock split in March and executed that split on June 6, 2022.</p><p>If there&#39;s a knock against Amazon, it&#39;s the growing likelihood of a recession in the United States. The bulk of Amazon&#39;s revenue comes from its online marketplace. If retail sales were to shift into reverse, Amazon&#39;s lofty price-to-cash-flow ratio would stick out like a sore thumb in a declining market.</p><p>There&#39;s plenty to like here, whether we&#39;re focused on Amazon&#39;s leading retail segment or its ancillary operations. For instance, a March 2022 report from eMarketer estimates that Amazon will account for nearly 40% of all online U.S. spending this year. Even as a low-margin operating segment, this online retail dominance has helped Amazon sign up more than 200 million Prime subscribers worldwide. The fees Amazon collects from its Prime members help to fuel investments in its logistics network and allows the company to undercut brick-and-mortar retailers on price.</p><p>Even more exciting than its leading online marketplace is Amazon Web Services (AWS). According to data from Canalys, AWS accounted for a third of global cloud infrastructure spending during the first quarter. With cloud service growth still in its early innings, AWS looks to be Amazon&#39;s golden ticket going forward.</p><h2>Could your search end with Alphabet?</h2><p>The next stock up is Alphabet, the parent company of internet search-engine Google and streaming-platform YouTube. Alphabet announced plans to conduct a 20-for-1 split back in February and will make good on those plans as of tomorrow, July 15, which is when its stock split will officially take effect.</p><p>Like Amazon, the biggest worry with Alphabet is that a near-term recession could derail its core business. Since a majority of Alphabet&#39;s revenue is derived from advertising, and ad revenue is one of the first things to be hit during a recession, there remains a very real concern that a weakening U.S. and/or global economy could send shares of this megacap stock lower (stock split or not).</p><p>But also like Amazon, Alphabet brings its fair share of competitive advantages to the table. For example, data from GlobalStats shows that Google has controlled no less 91% of worldwide internet search share over the trailing-24-month period. Having a practical monopoly on internet search makes it easy for Google parent Alphabet to command top dollar for ad placement.</p><p>But this is a company that&#39;s about far more than just internet search these days. YouTube has become the second-most-visited social site on the planet, while Google Cloud has grown into the world&#39;s No. 3 cloud infrastructure service provider. There&#39;s a good chance Google Cloud could become Alphabet&#39;s leading operating cash flow driver by the midpoint of the decade.</p><h2>Should you stomp the accelerator with Tesla?</h2><p>EV-maker Tesla is the third company aiming to take advantage of stock-split euphoria. Having already split its shares 5-for-1 in August 2020, Tesla is seeking shareholder authorization to split its shares 3-for-1 at its upcoming annual meeting on Aug. 4, 2022.</p><p>If there&#39;s a red flag with Tesla, it may well be the company&#39;s innovative CEO, Elon Musk. Although Musk is a visionary, he&#39;s proved to be a liability for the company on more than one occasion. He&#39;s frequently overpromised and underdelivered new technology, and more recently, he&#39;s been occupied by the idea of acquiring (or not acquiring) social media site <b>Twitter</b>. Without Musk fully involved in Tesla&#39;s operations, it&#39;s not difficult to see competitors catching up from a production and performance standpoint.</p><p>Then again, Tesla did something no other automaker has done in over five decades: build itself from the ground up to mass production. Tesla looks like it&#39;s well on its way to surpassing 1 million vehicles produced this year, even with semiconductor-chip shortages and supply chains remaining challenged by the COVID-19 pandemic.</p><p>Tesla&#39;s competitive advantages could be difficult to topple, as well, thanks to ongoing innovation. Few EV manufacturers have, thus far, come close to competing with Tesla with regard to battery power, range, or capacity.</p><h2>Is Shopify worth adding to your cart?</h2><p>The fourth ultra-popular stock-split stock is cloud-based e-commerce platform Shopify. The company announced plans to conduct a 10-for-1 stock split in April and began trading at its post-split price on June 29, 2022.</p><p>Not to sound like a broken record, but the biggest concern for Shopify is similar to that of Amazon and Alphabet -- the growing threat of a recession. Shopify is counting on small-business growth to drive subscription demand and payment volume on its platform significantly higher. If economic activity falters, it would expose Shopify&#39;s lofty valuation multiples.</p><p>The good news for Shopify is that it has an exceptionally long runway to grow its operations. According to a company presentation in 2021, Shopify is sitting on a $153 billion addressable market solely from small businesses. This doesn&#39;t even factor in the company&#39;s numerous wins with bigger businesses in recent quarters.</p><p>Reinvesting in Shopify&#39;s ecosystem can pay sizable dividends, as well. Last year, Shopify launched its own buy now, pay later (BNPL) service, known as Shop Pay. A BNPL service offers its merchants more financial flexibility, and it&#39;s allowed Shopify to gobble up a sizable percentage of U.S. BNPL market share.</p><h2>And the better stock-split stock to buy right now is...</h2><p>Now that you&#39;ve had a closer look at four highly popular stock-split stocks, we can return to the question at hand. Among Amazon, Alphabet, Tesla, and Shopify, which stock-split stock is the better buy right now?</p><p>In my view, two of these four names can be eliminated right off the bat. First, we can get rid of Tesla due to the diversion created by Elon Musk, as well as the company&#39;s lofty premium to earnings. Most automakers tend to trade at a single-digit price-to-earnings ratio. With traditional automakers spending billions on EV and autonomous research, it seems unlikely Tesla will hang onto its competitive advantages for much longer.</p><p>I believe we can eliminate Shopify, as well. While I believe Shopify has a bright future over the very long term, retail-oriented businesses could struggle mightily until the nation&#39;s central bank has completed its rate-hiking cycle. It&#39;s also not entirely clear how BNPL services will fare during a period of economic weakness. Even with Shopify more than 80% below its all-time high, it&#39;s still quite pricey at close to 135 times Wall Street&#39;s forecast earnings for 2023.</p><p>This effectively brings it down to Amazon versus Alphabet -- and we&#39;ve been here before. While I believe both companies should be expected to outperform the broader market over the long run, it&#39;s Alphabet that stands out as the smarter stock-split stock to buy.</p><p>Even if Alphabet&#39;s advertising business takes a hit in the near term, the company&#39;s historically inexpensive valuation (just 17 times Wall Street&#39;s forward-year consensus earnings) provides a healthy downside buffer that these other stock-split stocks don&#39;t offer. In fact, Alphabet becomes even cheaper if you back out its $134 billion in cash, cash equivalents, and marketable securities.</p><p>If you&#39;re looking for safety and upside among stock-split stocks, Alphabet is where you&#39;ll find it.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Better Stock-Split Stock to Buy Right Now: Amazon, Alphabet, Tesla, or Shopify?</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\">\nBetter Stock-Split Stock to Buy Right Now: Amazon, Alphabet, Tesla, or Shopify?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/14/better-stock-split-amazon-alphabet-tesla-shopify/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street and investors have been hit with a flurry of news events in 2022, including historically high inflation and Russia's invasion of Ukraine. Yet amid this market volatility, the investing ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/14/better-stock-split-amazon-alphabet-tesla-shopify/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","TSLA":"特斯拉","SHOP":"Shopify Inc","AMZN":"亚马逊","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/07/14/better-stock-split-amazon-alphabet-tesla-shopify/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251138110","content_text":"Wall Street and investors have been hit with a flurry of news events in 2022, including historically high inflation and Russia's invasion of Ukraine. Yet amid this market volatility, the investing community has become fixated on companies announcing and enacting stock splits.A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operating performance. A forward stock split can be particularly helpful to retail investors who don't have access to fractional-share investing. The execution of a split can lower the nominal-dollar cost to purchase a single share of stock.In general, stock splits are viewed as a positive event within the investing community. Think of it this way: A company's share price wouldn't be high enough to command a split if the company in question weren't executing well and out-innovating its competition.Since February, e-commerce kingpin Amazon, internet search giant Alphabet (GOOGL) (GOOG), electric-vehicle (EV) manufacturer Tesla, and cloud-based e-commerce platform Shopify  have all announced stock splits. The prevailing question is, which of these stock-split stocks makes for the better buy right now?Should you load up on Amazon?First up is Amazon, which announced a 20-for-1 stock split in March and executed that split on June 6, 2022.If there's a knock against Amazon, it's the growing likelihood of a recession in the United States. The bulk of Amazon's revenue comes from its online marketplace. If retail sales were to shift into reverse, Amazon's lofty price-to-cash-flow ratio would stick out like a sore thumb in a declining market.There's plenty to like here, whether we're focused on Amazon's leading retail segment or its ancillary operations. For instance, a March 2022 report from eMarketer estimates that Amazon will account for nearly 40% of all online U.S. spending this year. Even as a low-margin operating segment, this online retail dominance has helped Amazon sign up more than 200 million Prime subscribers worldwide. The fees Amazon collects from its Prime members help to fuel investments in its logistics network and allows the company to undercut brick-and-mortar retailers on price.Even more exciting than its leading online marketplace is Amazon Web Services (AWS). According to data from Canalys, AWS accounted for a third of global cloud infrastructure spending during the first quarter. With cloud service growth still in its early innings, AWS looks to be Amazon's golden ticket going forward.Could your search end with Alphabet?The next stock up is Alphabet, the parent company of internet search-engine Google and streaming-platform YouTube. Alphabet announced plans to conduct a 20-for-1 split back in February and will make good on those plans as of tomorrow, July 15, which is when its stock split will officially take effect.Like Amazon, the biggest worry with Alphabet is that a near-term recession could derail its core business. Since a majority of Alphabet's revenue is derived from advertising, and ad revenue is one of the first things to be hit during a recession, there remains a very real concern that a weakening U.S. and/or global economy could send shares of this megacap stock lower (stock split or not).But also like Amazon, Alphabet brings its fair share of competitive advantages to the table. For example, data from GlobalStats shows that Google has controlled no less 91% of worldwide internet search share over the trailing-24-month period. Having a practical monopoly on internet search makes it easy for Google parent Alphabet to command top dollar for ad placement.But this is a company that's about far more than just internet search these days. YouTube has become the second-most-visited social site on the planet, while Google Cloud has grown into the world's No. 3 cloud infrastructure service provider. There's a good chance Google Cloud could become Alphabet's leading operating cash flow driver by the midpoint of the decade.Should you stomp the accelerator with Tesla?EV-maker Tesla is the third company aiming to take advantage of stock-split euphoria. Having already split its shares 5-for-1 in August 2020, Tesla is seeking shareholder authorization to split its shares 3-for-1 at its upcoming annual meeting on Aug. 4, 2022.If there's a red flag with Tesla, it may well be the company's innovative CEO, Elon Musk. Although Musk is a visionary, he's proved to be a liability for the company on more than one occasion. He's frequently overpromised and underdelivered new technology, and more recently, he's been occupied by the idea of acquiring (or not acquiring) social media site Twitter. Without Musk fully involved in Tesla's operations, it's not difficult to see competitors catching up from a production and performance standpoint.Then again, Tesla did something no other automaker has done in over five decades: build itself from the ground up to mass production. Tesla looks like it's well on its way to surpassing 1 million vehicles produced this year, even with semiconductor-chip shortages and supply chains remaining challenged by the COVID-19 pandemic.Tesla's competitive advantages could be difficult to topple, as well, thanks to ongoing innovation. Few EV manufacturers have, thus far, come close to competing with Tesla with regard to battery power, range, or capacity.Is Shopify worth adding to your cart?The fourth ultra-popular stock-split stock is cloud-based e-commerce platform Shopify. The company announced plans to conduct a 10-for-1 stock split in April and began trading at its post-split price on June 29, 2022.Not to sound like a broken record, but the biggest concern for Shopify is similar to that of Amazon and Alphabet -- the growing threat of a recession. Shopify is counting on small-business growth to drive subscription demand and payment volume on its platform significantly higher. If economic activity falters, it would expose Shopify's lofty valuation multiples.The good news for Shopify is that it has an exceptionally long runway to grow its operations. According to a company presentation in 2021, Shopify is sitting on a $153 billion addressable market solely from small businesses. This doesn't even factor in the company's numerous wins with bigger businesses in recent quarters.Reinvesting in Shopify's ecosystem can pay sizable dividends, as well. Last year, Shopify launched its own buy now, pay later (BNPL) service, known as Shop Pay. A BNPL service offers its merchants more financial flexibility, and it's allowed Shopify to gobble up a sizable percentage of U.S. BNPL market share.And the better stock-split stock to buy right now is...Now that you've had a closer look at four highly popular stock-split stocks, we can return to the question at hand. Among Amazon, Alphabet, Tesla, and Shopify, which stock-split stock is the better buy right now?In my view, two of these four names can be eliminated right off the bat. First, we can get rid of Tesla due to the diversion created by Elon Musk, as well as the company's lofty premium to earnings. Most automakers tend to trade at a single-digit price-to-earnings ratio. With traditional automakers spending billions on EV and autonomous research, it seems unlikely Tesla will hang onto its competitive advantages for much longer.I believe we can eliminate Shopify, as well. While I believe Shopify has a bright future over the very long term, retail-oriented businesses could struggle mightily until the nation's central bank has completed its rate-hiking cycle. It's also not entirely clear how BNPL services will fare during a period of economic weakness. Even with Shopify more than 80% below its all-time high, it's still quite pricey at close to 135 times Wall Street's forecast earnings for 2023.This effectively brings it down to Amazon versus Alphabet -- and we've been here before. While I believe both companies should be expected to outperform the broader market over the long run, it's Alphabet that stands out as the smarter stock-split stock to buy.Even if Alphabet's advertising business takes a hit in the near term, the company's historically inexpensive valuation (just 17 times Wall Street's forward-year consensus earnings) provides a healthy downside buffer that these other stock-split stocks don't offer. In fact, Alphabet becomes even cheaper if you back out its $134 billion in cash, cash equivalents, and marketable securities.If you're looking for safety and upside among stock-split stocks, Alphabet is where you'll find it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}