Profile - To The Moon

Kmyong

Lion City trader

Posts · 33Posts · 33
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- KmyongKmyong
  ·2021-09-08
  MU heading north?
  256 Comment
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- KmyongKmyong
  ·2021-08-27
  Xiaomi up up up
  379 Comment
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- KmyongKmyong
  ·2021-08-27
  Yes , she will by 1Q2022??
  Can Tesla Shares Hit $900 Again This Year?
  Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling
  Can Tesla Shares Hit $900 Again This Year?
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- KmyongKmyong
  ·2021-08-06
  Chips chips chips!
  Why AMD Is a Top Growth Stock to Buy Right Now
  The chipmaker's technology advantage over its bigger rival can add billions of dollars to its revenue.
  Why AMD Is a Top Growth Stock to Buy Right Now
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- KmyongKmyong
  ·2021-08-05
  Novavax heading north??
  Sorry, this post has been deleted
  146 Comment
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- KmyongKmyong
  ·2021-08-05
  Buy buy buy
  Is Apple Stock A Buy Or Sell After Recently Announced Earnings?
  Summary In last week's earnings release, Apple posted record-setting June quarter results, with tot
  Is Apple Stock A Buy Or Sell After Recently Announced Earnings?
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- KmyongKmyong
  ·2021-08-05
  Shake shack best??
  7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover
  Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and gr
  7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover
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- KmyongKmyong
  ·2021-08-05
  Novavac better than Pfizer?
  Sorry, this post has been deleted
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- KmyongKmyong
  ·2021-08-05
  Continue to hold or buy??
  Is Apple Stock A Buy Or Sell After Recently Announced Earnings?
  Summary In last week's earnings release, Apple posted record-setting June quarter results, with tot
  Is Apple Stock A Buy Or Sell After Recently Announced Earnings?
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- KmyongKmyong
  ·2021-08-02
  Recovering??
  303 Comment
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heading north?","listText":"MU heading north?","text":"MU heading north?","images":[{"img":"https://static.tigerbbs.com/45be70158109d6e687ff9077c2c7f77b","width":"1125","height":"2452"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880851900","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810472507,"gmtCreate":1629999853309,"gmtModify":1676530197307,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Xiaomi up up up","listText":"Xiaomi up up up","text":"Xiaomi up up up","images":[{"img":"https://static.tigerbbs.com/714cb019e2d7ee2236a3d91db895feaa","width":"1125","height":"2164"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810472507","isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810476202,"gmtCreate":1629999525106,"gmtModify":1676530197276,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Yes , she will by 1Q2022??","listText":"Yes , she will by 1Q2022??","text":"Yes , she will by 1Q2022??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810476202","repostId":"1161561973","repostType":2,"repost":{"id":"1161561973","pubTimestamp":1629991651,"share":"https://ttm.financial/m/news/1161561973?lang=&edition=fundamental","pubTime":"2021-08-26 23:27","market":"us","language":"en","title":"Can Tesla Shares Hit $900 Again This Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161561973","media":"investing.com","summary":"Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling","content":"<p>Electric vehicle maker <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past three months, outperforming the benchmark&nbsp;NASDAQ 100&nbsp;Index.</p>\n<p>The biggest question Tesla bulls now have is, whether, on top of the current gains, can the EV manufacturer's stock push through back to the all-time high of $900 this year?</p>\n<p><img src=\"https://static.tigerbbs.com/b4b9078f00190f208dd63b32c4f617c6\" tg-width=\"651\" tg-height=\"708\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Tesla Weekly Chart.</p>\n<p>Given the highly volatile nature of the stock, it’s tough to predict whether the current Tesla rally has legs. But it’s important to note that the outlook for its car sales is becoming more uncertain than it was a year ago.</p>\n<p>First, the global chip shortage continues to cast doubt on Tesla’s ambitious sales targets for 2021. Chief Executive Officer Elon Musk highlighted challenges that come from the unpredictability of chip supplies and the hurdles he expects in ramping production at two new factories in Austin, Texas, and Berlin, later this year.</p>\n<p>Tesla again delayed delivery of its semi-trailer truck—already two years late. The first trucks of this type are now slated for 2022. The company attributed the delay to supply-chain issues and limited battery-cell supply, as well as management trying to focus on getting new factories online. The company’s plans for its first pickup truck, once expected to go to customers as early as this year, are also being affected by parts issues.</p>\n<p>This is what Musk told analysts last month:</p>\n<blockquote>\n “While we’re making cars at full speed, the global chip-shortage situation remains quite serious. For the rest of this year, our growth rate will be determined by the slowest part in our supply chain.”\n</blockquote>\n<p>Regulatory Probe</p>\n<p>Besides the risks to the market’s earnings consensus for this fiscal year, Tesla is facing a regulatory probe that could result in a massive recall.</p>\n<p>The U.S.opened a formal investigation&nbsp;into Tesla’s Autopilot system last week after almost a dozen collisions involving first-responder vehicles. In the last seven years, Tesla has charged clients thousands of dollars for this feature.</p>\n<p>The probe by the National Highway Traffic Safety Administration (NHTSA) covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014 model year onward. The regulator—which has the power to deem cars defective and order recalls—said&nbsp;it launched the investigation after 11 crashes that resulted in 17 injuries and one fatality.</p>\n<p>Bloomberg reported&nbsp;that Tesla has been criticized for years for labeling the system in a potentially misleading way. Since late 2016, it has marketed this higher-level functionality feature as Full Self-Driving Capability. In reality, Autopilot is a driver-assistance system that maintains vehicles’ speed and keeps them centered in lanes when engaged, though the driver is supposed to supervise at all times.</p>\n<p>Tesla now sells that package of features—often referred to as FSD—for $10,000 or $199 a month.</p>\n<p>After the NHTSA launched of the probe, two Democratic senators asked the Federal Trade Commission to also investigate Tesla over the company’s advertising of its Autopilot and FSD technology.</p>\n<p>In a&nbsp;letter&nbsp;last Wednesday, Sen. Richard Blumenthal of Connecticut and Sen. Ed Markey of Massachusetts asked FTC Chair Lina Khan to examine whether Tesla used “potentially deceptive and unfair practices” in its marketing of those technologies.</p>\n<p>“We fear that Tesla’s Autopilot and FSD features are not as mature and reliable as the company pitches to the public,” they wrote, pointing to comments from Musk, as well as a 2019 YouTube video entitled “Full Self-Driving” and has a link to Tesla’s site.</p>\n<p>Highlighting these risks and how they could affect Tesla’s current stock price, however, shouldn’t hide the fact that there are many analysts who continue to remain bullish on TSLA. Piper Sandler reiterated its overweight rating on the stock and its price target of $1,200 this month.</p>\n<p>In a note, analysts Alexander Potter and Winnie Dong said:</p>\n<blockquote>\n “Bottom line: We still really like this stock. Tesla is still the driving force behind higher [battery electric vehicle] penetration globally.”\n</blockquote>\n<p><b>Bottom Line</b></p>\n<p>It’s difficult to predict the future course for Tesla stock given the huge amount of speculative interest in this name. But recent developments show that it will be quite hard for the EV automaker to exceed expectations in this tough manufacturing environment.</p>\n<p>Investors should trade this name with caution.</p>","source":"lsy1594375853987","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Tesla Shares Hit $900 Again This Year? </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Tesla Shares Hit $900 Again This Year? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999><strong>investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past ...</p>\n\n<a href=\"https://www.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161561973","content_text":"Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past three months, outperforming the benchmark NASDAQ 100 Index.\nThe biggest question Tesla bulls now have is, whether, on top of the current gains, can the EV manufacturer's stock push through back to the all-time high of $900 this year?\nTesla Weekly Chart.\nGiven the highly volatile nature of the stock, it’s tough to predict whether the current Tesla rally has legs. But it’s important to note that the outlook for its car sales is becoming more uncertain than it was a year ago.\nFirst, the global chip shortage continues to cast doubt on Tesla’s ambitious sales targets for 2021. Chief Executive Officer Elon Musk highlighted challenges that come from the unpredictability of chip supplies and the hurdles he expects in ramping production at two new factories in Austin, Texas, and Berlin, later this year.\nTesla again delayed delivery of its semi-trailer truck—already two years late. The first trucks of this type are now slated for 2022. The company attributed the delay to supply-chain issues and limited battery-cell supply, as well as management trying to focus on getting new factories online. The company’s plans for its first pickup truck, once expected to go to customers as early as this year, are also being affected by parts issues.\nThis is what Musk told analysts last month:\n\n “While we’re making cars at full speed, the global chip-shortage situation remains quite serious. For the rest of this year, our growth rate will be determined by the slowest part in our supply chain.”\n\nRegulatory Probe\nBesides the risks to the market’s earnings consensus for this fiscal year, Tesla is facing a regulatory probe that could result in a massive recall.\nThe U.S.opened a formal investigation into Tesla’s Autopilot system last week after almost a dozen collisions involving first-responder vehicles. In the last seven years, Tesla has charged clients thousands of dollars for this feature.\nThe probe by the National Highway Traffic Safety Administration (NHTSA) covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014 model year onward. The regulator—which has the power to deem cars defective and order recalls—said it launched the investigation after 11 crashes that resulted in 17 injuries and one fatality.\nBloomberg reported that Tesla has been criticized for years for labeling the system in a potentially misleading way. Since late 2016, it has marketed this higher-level functionality feature as Full Self-Driving Capability. In reality, Autopilot is a driver-assistance system that maintains vehicles’ speed and keeps them centered in lanes when engaged, though the driver is supposed to supervise at all times.\nTesla now sells that package of features—often referred to as FSD—for $10,000 or $199 a month.\nAfter the NHTSA launched of the probe, two Democratic senators asked the Federal Trade Commission to also investigate Tesla over the company’s advertising of its Autopilot and FSD technology.\nIn a letter last Wednesday, Sen. Richard Blumenthal of Connecticut and Sen. Ed Markey of Massachusetts asked FTC Chair Lina Khan to examine whether Tesla used “potentially deceptive and unfair practices” in its marketing of those technologies.\n“We fear that Tesla’s Autopilot and FSD features are not as mature and reliable as the company pitches to the public,” they wrote, pointing to comments from Musk, as well as a 2019 YouTube video entitled “Full Self-Driving” and has a link to Tesla’s site.\nHighlighting these risks and how they could affect Tesla’s current stock price, however, shouldn’t hide the fact that there are many analysts who continue to remain bullish on TSLA. Piper Sandler reiterated its overweight rating on the stock and its price target of $1,200 this month.\nIn a note, analysts Alexander Potter and Winnie Dong said:\n\n “Bottom line: We still really like this stock. Tesla is still the driving force behind higher [battery electric vehicle] penetration globally.”\n\nBottom Line\nIt’s difficult to predict the future course for Tesla stock given the huge amount of speculative interest in this name. But recent developments show that it will be quite hard for the EV automaker to exceed expectations in this tough manufacturing environment.\nInvestors should trade this name with caution.","news_type":1},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899292477,"gmtCreate":1628190950399,"gmtModify":1703502834933,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Chips chips chips!","listText":"Chips chips chips!","text":"Chips chips chips!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/899292477","repostId":"2157431025","repostType":4,"repost":{"id":"2157431025","pubTimestamp":1628173500,"share":"https://ttm.financial/m/news/2157431025?lang=&edition=fundamental","pubTime":"2021-08-05 22:25","market":"us","language":"en","title":"Why AMD Is a Top Growth Stock to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2157431025","media":"Motley Fool","summary":"The chipmaker's technology advantage over its bigger rival can add billions of dollars to its revenue.","content":"<p><b>Advanced Micro Devices</b> (NASDAQ:<a href=\"https://laohu8.com/S/AMD\">AMD</a>) is showing no signs of slowing down. The chipmaker is riding several fast-growing tech trends that have supercharged its revenue and earnings growth in recent quarters, and those catalysts aren't going to disappear anytime soon.</p>\n<p>In simple words, AMD seems to be in the middle of a multiyear growth curve. And if you haven't bought this growth stock just yet, now would be a great time to do so. Let's look at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest reasons why you should consider adding AMD to your stock portfolio.</p>\n<p><img src=\"https://static.tigerbbs.com/e3a0b0ee67bc486cd5307d517dfdc5a2\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>AMD's CPU market share gains could be its biggest catalyst</h3>\n<p>AMD gets most of its revenue from the computing and graphics segment, through which it sells its Ryzen central processing units (CPUs) and Radeon graphics processing units (GPUs). The segment's revenue is directly related to the health of the PC market, as well as the data center space, where graphics cards are deployed for accelerating workloads.</p>\n<p>AMD's computing and graphics revenue shot up 65% year over year in the second quarter to $2.25 billion, accounting for 58% of the total revenue. The company credited this terrific growth to increases&nbsp;in the average selling price (ASP) and shipments of its Ryzen processors that are used in laptops and desktops. According to AMD, its revenue share&nbsp;in the client processor market has now improved for five straight quarters.</p>\n<p>The company is witnessing strong demand for its high-end processors like the Ryzen 9 series, which saw shipments more than double year over year. Meanwhile, AMD's new Ryzen 5000 series notebook processors helped it record a seventh straight quarter of record revenue in the mobile processor space.</p>\n<p>AMD is benefiting from a mix of higher volumes and stronger pricing in the client processor market. This isn't surprising, as the chipmaker has been eating away at <b>Intel</b>'s (NASDAQ:INTC) dominance in the CPU space. According to PC benchmark&nbsp;provider PassMark Software, AMD exited&nbsp;Q2 with a CPU market share of 44.1%, a nice jump from the year-ago period's share of 35%. Intel commands the rest of the market, though it has been losing ground to AMD since the arrival of the Ryzen series processors.</p>\n<p>It is also worth noting that AMD's improved pricing power has led to an increase in processor ASPs. Intel, on the other hand, is struggling with a steep decline in ASPs. Chipzilla's desktop processor ASP dropped 5% year over year last quarter, while notebook ASPs were down 17% after it resorted to discounting to move more units. AMD, on the other hand, is using its technology and performance advantage over Intel's chips to charge a premium for its processors, and customers are clearly willing to pay, given the higher shipments.</p>\n<p>AMD is likely to take more market share away from Intel, because the former is expected to launch its next-generation Zen 4 CPUs next year, which would be based on a 5-nanometer manufacturing process. AMD's current Zen 3 chips are based on a 7-nanometer node, which means that the next-generation chips can deliver improved computing performance and reduce power consumption.</p>\n<p>That's because the transistors on a smaller process node are closely packed together, which makes them more power efficient and capable of carrying out more calculations. More importantly, the move to a 5-nanometer process would put AMD at a great advantage over Intel.</p>\n<p><img src=\"https://static.tigerbbs.com/c3059a4b47cebad1d7140b0bbb7e232c\" tg-width=\"700\" tg-height=\"464\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: AMD.</p>\n<p>Intel's current Rocket Lake&nbsp;desktop processors are based on the old 14-nanometer process, while AMD uses a modern 7-nanometer process. As a result, AMD can pack more cores into its processors, make them more power-efficient, and generate superior performance&nbsp;at the same time.</p>\n<p>Chipzilla is expected to move to a 10-nanometer platform later this year once its Alder Lake desktop CPUs are launched. That could give AMD a headache, as Intel says that its 10-nanometer node packs in more transistors than AMD's 7-nanometer process. However, AMD should be ready to make the jump to the 5-nanometer process&nbsp;by the end of this year, which would help it maintain its advantage over Intel.</p>\n<h3>Big financial gains could be on the cards</h3>\n<p>AMD's computing and graphics segment is still quite small when compared to Intel's. For instance, Intel generated $10.6 billion in revenue&nbsp;from its client computing group (CCG) last quarter, which was more than four times AMD's revenue from its computing and graphics business.</p>\n<p>AMD launched its first-generation Ryzen processors in 2017, and they have supercharged the computing and graphics business. The segment's revenue had jumped to $3 billion&nbsp;in 2017 from $1.97 billion in 2016. In 2020, AMD generated&nbsp;$6.4 billion in revenue from the computing and graphics segment, so the business has more than doubled in three years.</p>\n<p>Meanwhile, Intel's CCG revenue stood&nbsp;at $40.1 billion in 2020, up just 22% from $32.9 billion&nbsp;at the end of 2016. Clearly, AMD is growing at a much faster pace than Intel thanks to its market share gains. More importantly, the size of Intel's CCG business indicates that AMD has a huge opportunity ahead to increase its revenue from the sale of client processors.</p>\n<p>AMD's technological advantage over Intel could help it maintain the terrific pace of growth of its largest business segment by way of additional market share and stronger pricing. Not surprisingly, analysts expect AMD to clock 32% annual earnings growth for the next five years. Given that AMD shares are now trading at 38 times trailing earnings as compared to their five-year average multiple&nbsp;of 120, it is a top growth stock to buy right now since it can add billions of dollars to its revenue and substantially boost earnings by consistently hurting its bigger rival.</p>","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>Why AMD Is a Top Growth Stock to Buy Right Now</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\">\nWhy AMD Is a Top Growth Stock to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/05/why-amd-is-a-top-growth-stock-to-buy-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Advanced Micro Devices (NASDAQ:AMD) is showing no signs of slowing down. The chipmaker is riding several fast-growing tech trends that have supercharged its revenue and earnings growth in recent ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/05/why-amd-is-a-top-growth-stock-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.fool.com/investing/2021/08/05/why-amd-is-a-top-growth-stock-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157431025","content_text":"Advanced Micro Devices (NASDAQ:AMD) is showing no signs of slowing down. The chipmaker is riding several fast-growing tech trends that have supercharged its revenue and earnings growth in recent quarters, and those catalysts aren't going to disappear anytime soon.\nIn simple words, AMD seems to be in the middle of a multiyear growth curve. And if you haven't bought this growth stock just yet, now would be a great time to do so. Let's look at one of the biggest reasons why you should consider adding AMD to your stock portfolio.\n\nImage source: Getty Images.\nAMD's CPU market share gains could be its biggest catalyst\nAMD gets most of its revenue from the computing and graphics segment, through which it sells its Ryzen central processing units (CPUs) and Radeon graphics processing units (GPUs). The segment's revenue is directly related to the health of the PC market, as well as the data center space, where graphics cards are deployed for accelerating workloads.\nAMD's computing and graphics revenue shot up 65% year over year in the second quarter to $2.25 billion, accounting for 58% of the total revenue. The company credited this terrific growth to increases in the average selling price (ASP) and shipments of its Ryzen processors that are used in laptops and desktops. According to AMD, its revenue share in the client processor market has now improved for five straight quarters.\nThe company is witnessing strong demand for its high-end processors like the Ryzen 9 series, which saw shipments more than double year over year. Meanwhile, AMD's new Ryzen 5000 series notebook processors helped it record a seventh straight quarter of record revenue in the mobile processor space.\nAMD is benefiting from a mix of higher volumes and stronger pricing in the client processor market. This isn't surprising, as the chipmaker has been eating away at Intel's (NASDAQ:INTC) dominance in the CPU space. According to PC benchmark provider PassMark Software, AMD exited Q2 with a CPU market share of 44.1%, a nice jump from the year-ago period's share of 35%. Intel commands the rest of the market, though it has been losing ground to AMD since the arrival of the Ryzen series processors.\nIt is also worth noting that AMD's improved pricing power has led to an increase in processor ASPs. Intel, on the other hand, is struggling with a steep decline in ASPs. Chipzilla's desktop processor ASP dropped 5% year over year last quarter, while notebook ASPs were down 17% after it resorted to discounting to move more units. AMD, on the other hand, is using its technology and performance advantage over Intel's chips to charge a premium for its processors, and customers are clearly willing to pay, given the higher shipments.\nAMD is likely to take more market share away from Intel, because the former is expected to launch its next-generation Zen 4 CPUs next year, which would be based on a 5-nanometer manufacturing process. AMD's current Zen 3 chips are based on a 7-nanometer node, which means that the next-generation chips can deliver improved computing performance and reduce power consumption.\nThat's because the transistors on a smaller process node are closely packed together, which makes them more power efficient and capable of carrying out more calculations. More importantly, the move to a 5-nanometer process would put AMD at a great advantage over Intel.\n\nImage source: AMD.\nIntel's current Rocket Lake desktop processors are based on the old 14-nanometer process, while AMD uses a modern 7-nanometer process. As a result, AMD can pack more cores into its processors, make them more power-efficient, and generate superior performance at the same time.\nChipzilla is expected to move to a 10-nanometer platform later this year once its Alder Lake desktop CPUs are launched. That could give AMD a headache, as Intel says that its 10-nanometer node packs in more transistors than AMD's 7-nanometer process. However, AMD should be ready to make the jump to the 5-nanometer process by the end of this year, which would help it maintain its advantage over Intel.\nBig financial gains could be on the cards\nAMD's computing and graphics segment is still quite small when compared to Intel's. For instance, Intel generated $10.6 billion in revenue from its client computing group (CCG) last quarter, which was more than four times AMD's revenue from its computing and graphics business.\nAMD launched its first-generation Ryzen processors in 2017, and they have supercharged the computing and graphics business. The segment's revenue had jumped to $3 billion in 2017 from $1.97 billion in 2016. In 2020, AMD generated $6.4 billion in revenue from the computing and graphics segment, so the business has more than doubled in three years.\nMeanwhile, Intel's CCG revenue stood at $40.1 billion in 2020, up just 22% from $32.9 billion at the end of 2016. Clearly, AMD is growing at a much faster pace than Intel thanks to its market share gains. More importantly, the size of Intel's CCG business indicates that AMD has a huge opportunity ahead to increase its revenue from the sale of client processors.\nAMD's technological advantage over Intel could help it maintain the terrific pace of growth of its largest business segment by way of additional market share and stronger pricing. Not surprisingly, analysts expect AMD to clock 32% annual earnings growth for the next five years. Given that AMD shares are now trading at 38 times trailing earnings as compared to their five-year average multiple of 120, it is a top growth stock to buy right now since it can add billions of dollars to its revenue and substantially boost earnings by consistently hurting its bigger rival.","news_type":1},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899051878,"gmtCreate":1628145147294,"gmtModify":1703502060366,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Novavax heading north??","listText":"Novavax heading north??","text":"Novavax heading north??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899051878","repostId":"1170468091","repostType":4,"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899053023,"gmtCreate":1628145060062,"gmtModify":1703502058234,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899053023","repostId":"1158747638","repostType":4,"repost":{"id":"1158747638","pubTimestamp":1628130472,"share":"https://ttm.financial/m/news/1158747638?lang=&edition=fundamental","pubTime":"2021-08-05 10:27","market":"us","language":"en","title":"Is Apple Stock A Buy Or Sell After Recently Announced Earnings?","url":"https://stock-news.laohu8.com/highlight/detail?id=1158747638","media":"seekingalpha","summary":"Summary\n\nIn last week's earnings release, Apple posted record-setting June quarter results, with tot","content":"<p><b>Summary</b></p>\n<ul>\n <li>In last week's earnings release, Apple posted record-setting June quarter results, with total net sales of $81.4 billion, up 36% year-over-year.</li>\n <li>Yet, warnings about supply chain constraints and service revenues returning to more typical levels took its share price by surprise, with a same day drop of as much as 3%.</li>\n <li>However, the headwinds are expected to be temporary with no significant impacts to Apple's long-term growth prospects and valuation.</li>\n <li>Apple is expected to keep delivering unprecedented growth, underpinned by continued global demand for its products and services in the long run. And the recent price pullback makes a great buy opportunity for those looking to participate in the company's long-term gains.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c6ec3289e9b74b1c20fa47308bcbb20\" tg-width=\"1536\" tg-height=\"1063\" width=\"100%\" height=\"auto\"><span>Justin Sullivan/Getty Images News</span></p>\n<p>Just a week ago, Apple (Nasdaq:AAPL) reported record-setting June quarter results that had crushed market expectations. The Cupertino-based tech giant recorded largest quarterly revenues ever of $81.4 billion, which were up 36% from the prior year and outperformed the average Wall Street forecast of $72.9 billion and our&nbsp;previous coverage&nbsp;projections of $76.5 billion by nearly $10 billion.</p>\n<p>The company also saw robust double-digit growth across the board from products and services to every geographic segment, with the installed base of devices and paid service subscriptions reaching an all-time high; the stellar results were also indicative of increased market penetration with the largest double-digit growth recorded for switchers and upgraders ever for a June-quarter, marking another record-breaking milestone in the books this quarter and continued dominance across all markets for Apple.</p>\n<p>Yet, Apple’s shares slipped as much as 3% following the earnings call and continues to be down close to 1% since July 27th. The stock also has not fared well amongst its FAANG counterparts in recent weeks from the stock sell-off triggered by fear that the latest resurgence of the coronavirus’ delta variant could erode economic growth.</p>\n<p>The contradicting movement in Apple’s share price compared to its stellar June quarter financial results allegedly stemmed from management’s warning of decelerated growth for the upcoming September quarter as lingering supply chain constraints are expected to place an adverse impact on product sales, especially on the revenue-leading iPhone and iPad categories; other headwinds also include weaker FX gains and anticipated slowed growth in the services category as demand returns to pre-pandemic levels following above-normal June quarter results.</p>\n<p>However, we consider anticipated headwinds as only short-term impacts that will not result in permanent losses for the company. The Apple stock remains primed for further upside considering the rising global demand for its products and services. Despite the supply crunch and decelerated growth anticipated for the upcoming September quarter, our outlook remains bullish on Apple with upside of more than 15% based on the last traded share price of $145.52 on August 2nd. With Apple’s stock price still down 0.85% from its earnings call on July 27thand down close to 3% from its mid-July peak, we consider the recent price pullback an advantage slated for long-term gains.</p>\n<p><b>Strength in Overcoming Lost Sales from Supply Constraints</b></p>\n<p>One of the key drivers for slowed growth anticipated for the September quarter is the ongoing chip supply shortage, which had previously caused more pervasive impact to the automotive industry but has now trickled down to consumer electronics. And Apple, who has its proprietary chips made by the world’s largest contract chip manufacturer, Taiwan Semiconductor Manufacturing Company (NYSE:TSMor “TSMC”), has not been spared from impact, with management warning of a supply constraint for the legacy semiconductor nodes used in the display and audio functions of its best-selling products, which is expected to drive lower sales in the near term.</p>\n<p>TSMC has also warned the chip shortage will likely continue into the&nbsp;following year, which is consistent with the timeline issued across all impacted industries. Although management has not provided a quantified range for the anticipated impact on the September quarter’s results, it is expected to be far more severe than what was experienced in the June quarter, which was on the low end of the $3 billion and $4 billion range estimate provided in April.</p>\n<p>However, the continued acceleration in global demand for iPhones and iPads is expected to more than compensate for the upcoming loss of revenues in later periods as “deferred” sales when raw material supplies return, and pending demand is fulfilled. To date, 97% of customers who have purchased from the iPhone 12 family have indicated appreciation for the enhanced 5G speeds, alongside improved chip technology and camera quality.</p>\n<p>The product category has also seen strong upgrade and switch rates in recent months as users continue their transition from legacy iPhones and other smartphones to the latest and greatest 5G-enabled iPhone. Considering 5G technology is still in early stages of adoption with low penetration rate, there is still significant additional growth opportunities available for the current and future 5G-enabled iPhone models.</p>\n<p>Global demand for 5G-enabled devices is expected to grow at a&nbsp;compounded annual growth rate (“CAGR”) of 38% into 2026, which further corroborates the expectation that potential lost sales from the ongoing supply shortage will not be permanent as demand for iPhones will continue to persist at high levels and make-whole lost sales in later periods when chip supplies return. A similar trend is expected for iPad demands in the long run, as it has proven itself during the pandemic to be a versatile and affordable tool to support creativity and social connection.</p>\n<p>The production and sales bottleneck caused by the ongoing global chip supply shortage will only be a temporary pause to Apple’s iPhone and iPad hot streak, which is expected to resume in strength when the supply chain finds alleviation to its current crunch sometime next year. And when this happens, we should be expecting above-normal sales levels underpinned by robust demand, similar to those observed in the June quarter.</p>\n<p><b>Outperforming Competition in the Services Segment with Innovation</b></p>\n<p>Although the above-normal growth in the services business segment observed during the June quarter is expected to revert to more moderated historical levels going forward, Apple has continued to be diligent in rolling out “innovative new features and programming” to increase reach and maintain market dominance in the increasingly competitive landscape.</p>\n<p>Apple’s services business segment – which includes iCloud, Apple TV+, App Store, Apple Music, Apple Podcasts, advertising, payment and other service offerings – currently competes head-on with other prominent service providers like Spotify (NYSE:SPOT), Netflix (Nasdaq:NFLX), Amazon.com (Nasdaq:AMZN),Google(Nasdaq:GOOG) (GOOGL) and&nbsp;Facebook(Nasdaq:FB). In order to maintain its established reputation for innovative technology and grow its loyal fanbase, Apple has recently introduced several new upgrades to existing service offerings at its most recent Worldwide Developers Conference (“WWDC”).</p>\n<p>The new exciting features include&nbsp;Spatial Audio and Lossless Audio&nbsp;for Apple Music, which enables an “immersive” listening experience and provides access to the studio quality of original audio files at no additional cost – a competitive advantage to audio streaming leader Spotify’s “HiFi” equivalent, which will likely come at a higher price tag upon launch. And for Apple TV+ – Apple’s gateway to the fast-growing&nbsp;video-streaming&nbsp;market – the company has continued to produce quality programming, which is proven through the&nbsp;35 Emmy Nominations&nbsp;that it has received this year.</p>\n<p>A new generation of the&nbsp;Apple TV, which includes a Siri-enabled remote and enhanced colour balance technology, has also been unveiled to complement its improved programming, which is expected to further enhance customer traction for the segment. The tech giant has also rebranded its iCloud service to&nbsp;iCloud+, with additional upgrades including enhanced privacy features and expanded HomeKit Secure Video support to accompany its suite of smart home devices at no additional costs.</p>\n<p>Other recently launched and enhanced services include Apple Podcast subscriptions, Apple News+ and Apple Fitness+, which could be bundled through Apple One at a discounted subscription rate. The Apple One bundle, which was launched in Q2, has already seen incredible success with increasing adoption rates that continue to drive overall growth within the services business segment.</p>\n<p><b>Overall Financial Prospects</b></p>\n<p>Considering the above analysis on Apple’s current operating environment, the recent headwinds that will drive decelerated growth during the September quarter are expected to be temporary and will be overcome with ease in the long run. Our base case forecast projects total net sales of $85.6 billion for the September quarter, representing 32% year-over-year growth, which is consistent with management’s expectations for strong double-digit year-over-year growth that will be slightly lower than the 36% reported for the June quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/347e1ee20881f92c4563eeeaa5b1963c\" tg-width=\"640\" tg-height=\"232\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts (Apple_-_Forecasted_Financial_Information.pdf).</span></p>\n<p>Our projected total net sales for the September quarter consist of $67.6 billion in product sales, up 35% from the prior year, and $18.0 billion in service sales, up 24% from the prior year. Altogether, our base case forecast projects total net sales of $368.1 billion for FY 2021, which represents year-over-year growth of 34%. The company’s net sales are expected to maintain accelerated growth at a CAGR of 8% towards $534.4 billion by FY 2026 due to increasing adoption and integration of technology and digital media into both professional and personal aspects of day-to-day routines.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/179a3a17abb5e6e4e0cb20196095a5eb\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p>Gross profit margins are projected at 41.7% for the September quarter, which is consistent with management’s guidance of approximately 41.5% to 42.5% considering the higher freight costs expected for this quarter, offset by an overall decline in component supply costs as product sales continue to scale.</p>\n<p>Total operating expenses are projected at $11.4 billion for the fiscal year’s fourth quarter, which consists of $6.0 billion related to research and development efforts, and $5.4 billion related to selling, general and administrative expenses; this is consistent with Apple’s cost structure observed in recent periods, and in line with the estimated range of $11.3 billion and $11.5 billion provided in management’s guidance.</p>\n<p>As a result, our base case forecast projects total cost of sales of $214.5 billion, and total operating expenses of $43.9 billion for FY 2021. And a similar cost structure is expected to apply into FY 2026 to support Apple’s continued growth in its products and services categories, as well as across all geographic segments in which it currently operates in.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/631897e055a326e11a137bad234bd0c9\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p>Altogether, our base case forecast projects FY 2021 net income of $94.8 billion, which represents year-over-year growth of 65%. The bottom line is forecasted for further growth at a CAGR of 7% into the next five years, resulting in projected net income of $132.5 billion by 2026.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce4ffc957a33598110dd5c193b77e637\" tg-width=\"640\" tg-height=\"198\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p><i>i. Base Case Financial Projections:</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ce3157a7c707f88fa9542c0253d7e4a\" tg-width=\"640\" tg-height=\"306\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p><b>AAPL Stock Valuation</b></p>\n<p>Our revised price target for Apple based on updated information from its recent earnings release is $170.91. This represents upside potential of 17.4% based on the last traded share price of $145.52 on August 2nd.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d398b8df89c54ecc26709392246469b0\" tg-width=\"640\" tg-height=\"210\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p>\n<p>To arrive at the $170.91 price target, we have applied a WACC of 8% to discount Apple’s projected free cash flows over a five-year discrete period; the WACC is consistent with Apple’s current risk profile and capital structure, which includes its latest&nbsp;four-part debt offering&nbsp;to&nbsp;taling $6.5 billion. Our valuation analysis also assumes a 19.7x EV/EBITDA multiple, which is in line with guideline public companies and precedent transactions within Apple’s industry peer group, and is reflective of current market expectations for Apple’s business growth potential in the long run.</p>\n<p><i>i. Base Case Valuation Analysis:</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b30bd02b3ef44a0cc3e7fef6501235c\" tg-width=\"640\" tg-height=\"308\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p>\n<p>In order to validate our foregoing analysis that the adverse impacts to sales resulting from supply constraints, moderated services segment revenues and less favourable FX are only temporary and will not materially change Apple’s upside potential, we have also performed a sensitivity analysis to quantify the impact to FY 2021 revenues needed to decrease our base case price target of $170.91 by 10%.</p>\n<p>Based on our sensitivity analysis, FY 2021 revenues of $301.5 billion with growth at a CAGR of 10% into 2026, while holding all other valuation assumptions (i.e. cost structure, WACC, EV/EBITDA multiple) discussed above constant, would result in a price target of $153.82, which is 10% lower than our base case price target of $170.91.</p>\n<p>Considering year-to-date total net sales of $282.5 billion, Apple would only need to achieve total net sales of $19.0 billion for the September quarter to maintain a projected equity value of $2.5 trillion or $153.82 per share, which is highly unlikely even under supply constraint pressures and reduced services segment sales based on the company’s current growth trajectory. As such, we do not consider the near-term impacts related to supply constraints, moderated services segment revenues, and unfavourable FX a catalyst for permanent loss to Apple’s valuation.</p>\n<p><i>i. Revenue Sensitivity Analysis:</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30976c090450f0576826720e5a1ab19a\" tg-width=\"640\" tg-height=\"354\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p>\n<p><b>Conclusion - Is AAPL Stock A Good Buy?</b></p>\n<p>Considering Apple’s growth prospects, the recent price pullback makes a great buy opportunity for those looking to participate in the company’s long-term gains. The near-term headwinds related to industry-wide supply constraints and normalized services segment revenues are not expected to materially change Apple’s growth trajectory nor valuation in the long run.</p>\n<p>Any lost revenues in the September quarter will very likely be recouped when the supply chain restores its balance, considering the continued surge in demand for iPhones and iPads underpinned by ongoing 5G transition and the increasing need for versatile portable smart devices to enable online access at all times. As a global industry leader with successes achieved to date that very few could match, Apple is poised for further upside realization in the long run.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple Stock A Buy Or Sell After Recently Announced Earnings?</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 A Buy Or Sell After Recently Announced Earnings?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 10:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4444713-apple-stock-buy-sell-recent-earnings><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIn last week's earnings release, Apple posted record-setting June quarter results, with total net sales of $81.4 billion, up 36% year-over-year.\nYet, warnings about supply chain constraints ...</p>\n\n<a href=\"https://seekingalpha.com/article/4444713-apple-stock-buy-sell-recent-earnings\">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/4444713-apple-stock-buy-sell-recent-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158747638","content_text":"Summary\n\nIn last week's earnings release, Apple posted record-setting June quarter results, with total net sales of $81.4 billion, up 36% year-over-year.\nYet, warnings about supply chain constraints and service revenues returning to more typical levels took its share price by surprise, with a same day drop of as much as 3%.\nHowever, the headwinds are expected to be temporary with no significant impacts to Apple's long-term growth prospects and valuation.\nApple is expected to keep delivering unprecedented growth, underpinned by continued global demand for its products and services in the long run. And the recent price pullback makes a great buy opportunity for those looking to participate in the company's long-term gains.\n\nJustin Sullivan/Getty Images News\nJust a week ago, Apple (Nasdaq:AAPL) reported record-setting June quarter results that had crushed market expectations. The Cupertino-based tech giant recorded largest quarterly revenues ever of $81.4 billion, which were up 36% from the prior year and outperformed the average Wall Street forecast of $72.9 billion and our previous coverage projections of $76.5 billion by nearly $10 billion.\nThe company also saw robust double-digit growth across the board from products and services to every geographic segment, with the installed base of devices and paid service subscriptions reaching an all-time high; the stellar results were also indicative of increased market penetration with the largest double-digit growth recorded for switchers and upgraders ever for a June-quarter, marking another record-breaking milestone in the books this quarter and continued dominance across all markets for Apple.\nYet, Apple’s shares slipped as much as 3% following the earnings call and continues to be down close to 1% since July 27th. The stock also has not fared well amongst its FAANG counterparts in recent weeks from the stock sell-off triggered by fear that the latest resurgence of the coronavirus’ delta variant could erode economic growth.\nThe contradicting movement in Apple’s share price compared to its stellar June quarter financial results allegedly stemmed from management’s warning of decelerated growth for the upcoming September quarter as lingering supply chain constraints are expected to place an adverse impact on product sales, especially on the revenue-leading iPhone and iPad categories; other headwinds also include weaker FX gains and anticipated slowed growth in the services category as demand returns to pre-pandemic levels following above-normal June quarter results.\nHowever, we consider anticipated headwinds as only short-term impacts that will not result in permanent losses for the company. The Apple stock remains primed for further upside considering the rising global demand for its products and services. Despite the supply crunch and decelerated growth anticipated for the upcoming September quarter, our outlook remains bullish on Apple with upside of more than 15% based on the last traded share price of $145.52 on August 2nd. With Apple’s stock price still down 0.85% from its earnings call on July 27thand down close to 3% from its mid-July peak, we consider the recent price pullback an advantage slated for long-term gains.\nStrength in Overcoming Lost Sales from Supply Constraints\nOne of the key drivers for slowed growth anticipated for the September quarter is the ongoing chip supply shortage, which had previously caused more pervasive impact to the automotive industry but has now trickled down to consumer electronics. And Apple, who has its proprietary chips made by the world’s largest contract chip manufacturer, Taiwan Semiconductor Manufacturing Company (NYSE:TSMor “TSMC”), has not been spared from impact, with management warning of a supply constraint for the legacy semiconductor nodes used in the display and audio functions of its best-selling products, which is expected to drive lower sales in the near term.\nTSMC has also warned the chip shortage will likely continue into the following year, which is consistent with the timeline issued across all impacted industries. Although management has not provided a quantified range for the anticipated impact on the September quarter’s results, it is expected to be far more severe than what was experienced in the June quarter, which was on the low end of the $3 billion and $4 billion range estimate provided in April.\nHowever, the continued acceleration in global demand for iPhones and iPads is expected to more than compensate for the upcoming loss of revenues in later periods as “deferred” sales when raw material supplies return, and pending demand is fulfilled. To date, 97% of customers who have purchased from the iPhone 12 family have indicated appreciation for the enhanced 5G speeds, alongside improved chip technology and camera quality.\nThe product category has also seen strong upgrade and switch rates in recent months as users continue their transition from legacy iPhones and other smartphones to the latest and greatest 5G-enabled iPhone. Considering 5G technology is still in early stages of adoption with low penetration rate, there is still significant additional growth opportunities available for the current and future 5G-enabled iPhone models.\nGlobal demand for 5G-enabled devices is expected to grow at a compounded annual growth rate (“CAGR”) of 38% into 2026, which further corroborates the expectation that potential lost sales from the ongoing supply shortage will not be permanent as demand for iPhones will continue to persist at high levels and make-whole lost sales in later periods when chip supplies return. A similar trend is expected for iPad demands in the long run, as it has proven itself during the pandemic to be a versatile and affordable tool to support creativity and social connection.\nThe production and sales bottleneck caused by the ongoing global chip supply shortage will only be a temporary pause to Apple’s iPhone and iPad hot streak, which is expected to resume in strength when the supply chain finds alleviation to its current crunch sometime next year. And when this happens, we should be expecting above-normal sales levels underpinned by robust demand, similar to those observed in the June quarter.\nOutperforming Competition in the Services Segment with Innovation\nAlthough the above-normal growth in the services business segment observed during the June quarter is expected to revert to more moderated historical levels going forward, Apple has continued to be diligent in rolling out “innovative new features and programming” to increase reach and maintain market dominance in the increasingly competitive landscape.\nApple’s services business segment – which includes iCloud, Apple TV+, App Store, Apple Music, Apple Podcasts, advertising, payment and other service offerings – currently competes head-on with other prominent service providers like Spotify (NYSE:SPOT), Netflix (Nasdaq:NFLX), Amazon.com (Nasdaq:AMZN),Google(Nasdaq:GOOG) (GOOGL) and Facebook(Nasdaq:FB). In order to maintain its established reputation for innovative technology and grow its loyal fanbase, Apple has recently introduced several new upgrades to existing service offerings at its most recent Worldwide Developers Conference (“WWDC”).\nThe new exciting features include Spatial Audio and Lossless Audio for Apple Music, which enables an “immersive” listening experience and provides access to the studio quality of original audio files at no additional cost – a competitive advantage to audio streaming leader Spotify’s “HiFi” equivalent, which will likely come at a higher price tag upon launch. And for Apple TV+ – Apple’s gateway to the fast-growing video-streaming market – the company has continued to produce quality programming, which is proven through the 35 Emmy Nominations that it has received this year.\nA new generation of the Apple TV, which includes a Siri-enabled remote and enhanced colour balance technology, has also been unveiled to complement its improved programming, which is expected to further enhance customer traction for the segment. The tech giant has also rebranded its iCloud service to iCloud+, with additional upgrades including enhanced privacy features and expanded HomeKit Secure Video support to accompany its suite of smart home devices at no additional costs.\nOther recently launched and enhanced services include Apple Podcast subscriptions, Apple News+ and Apple Fitness+, which could be bundled through Apple One at a discounted subscription rate. The Apple One bundle, which was launched in Q2, has already seen incredible success with increasing adoption rates that continue to drive overall growth within the services business segment.\nOverall Financial Prospects\nConsidering the above analysis on Apple’s current operating environment, the recent headwinds that will drive decelerated growth during the September quarter are expected to be temporary and will be overcome with ease in the long run. Our base case forecast projects total net sales of $85.6 billion for the September quarter, representing 32% year-over-year growth, which is consistent with management’s expectations for strong double-digit year-over-year growth that will be slightly lower than the 36% reported for the June quarter.\nSource: Author, with data from our internal financial forecasts (Apple_-_Forecasted_Financial_Information.pdf).\nOur projected total net sales for the September quarter consist of $67.6 billion in product sales, up 35% from the prior year, and $18.0 billion in service sales, up 24% from the prior year. Altogether, our base case forecast projects total net sales of $368.1 billion for FY 2021, which represents year-over-year growth of 34%. The company’s net sales are expected to maintain accelerated growth at a CAGR of 8% towards $534.4 billion by FY 2026 due to increasing adoption and integration of technology and digital media into both professional and personal aspects of day-to-day routines.\nSource: Author, with data from our internal financial forecasts.\nGross profit margins are projected at 41.7% for the September quarter, which is consistent with management’s guidance of approximately 41.5% to 42.5% considering the higher freight costs expected for this quarter, offset by an overall decline in component supply costs as product sales continue to scale.\nTotal operating expenses are projected at $11.4 billion for the fiscal year’s fourth quarter, which consists of $6.0 billion related to research and development efforts, and $5.4 billion related to selling, general and administrative expenses; this is consistent with Apple’s cost structure observed in recent periods, and in line with the estimated range of $11.3 billion and $11.5 billion provided in management’s guidance.\nAs a result, our base case forecast projects total cost of sales of $214.5 billion, and total operating expenses of $43.9 billion for FY 2021. And a similar cost structure is expected to apply into FY 2026 to support Apple’s continued growth in its products and services categories, as well as across all geographic segments in which it currently operates in.\nSource: Author, with data from our internal financial forecasts.\nAltogether, our base case forecast projects FY 2021 net income of $94.8 billion, which represents year-over-year growth of 65%. The bottom line is forecasted for further growth at a CAGR of 7% into the next five years, resulting in projected net income of $132.5 billion by 2026.\nSource: Author, with data from our internal financial forecasts.\ni. Base Case Financial Projections:\nSource: Author, with data from our internal financial forecasts.\nAAPL Stock Valuation\nOur revised price target for Apple based on updated information from its recent earnings release is $170.91. This represents upside potential of 17.4% based on the last traded share price of $145.52 on August 2nd.\nSource: Author, with data from our internal valuation analysis.\nTo arrive at the $170.91 price target, we have applied a WACC of 8% to discount Apple’s projected free cash flows over a five-year discrete period; the WACC is consistent with Apple’s current risk profile and capital structure, which includes its latest four-part debt offering to taling $6.5 billion. Our valuation analysis also assumes a 19.7x EV/EBITDA multiple, which is in line with guideline public companies and precedent transactions within Apple’s industry peer group, and is reflective of current market expectations for Apple’s business growth potential in the long run.\ni. Base Case Valuation Analysis:\nSource: Author, with data from our internal valuation analysis.\nIn order to validate our foregoing analysis that the adverse impacts to sales resulting from supply constraints, moderated services segment revenues and less favourable FX are only temporary and will not materially change Apple’s upside potential, we have also performed a sensitivity analysis to quantify the impact to FY 2021 revenues needed to decrease our base case price target of $170.91 by 10%.\nBased on our sensitivity analysis, FY 2021 revenues of $301.5 billion with growth at a CAGR of 10% into 2026, while holding all other valuation assumptions (i.e. cost structure, WACC, EV/EBITDA multiple) discussed above constant, would result in a price target of $153.82, which is 10% lower than our base case price target of $170.91.\nConsidering year-to-date total net sales of $282.5 billion, Apple would only need to achieve total net sales of $19.0 billion for the September quarter to maintain a projected equity value of $2.5 trillion or $153.82 per share, which is highly unlikely even under supply constraint pressures and reduced services segment sales based on the company’s current growth trajectory. As such, we do not consider the near-term impacts related to supply constraints, moderated services segment revenues, and unfavourable FX a catalyst for permanent loss to Apple’s valuation.\ni. Revenue Sensitivity Analysis:\nSource: Author, with data from our internal valuation analysis.\nConclusion - Is AAPL Stock A Good Buy?\nConsidering Apple’s growth prospects, the recent price pullback makes a great buy opportunity for those looking to participate in the company’s long-term gains. The near-term headwinds related to industry-wide supply constraints and normalized services segment revenues are not expected to materially change Apple’s growth trajectory nor valuation in the long run.\nAny lost revenues in the September quarter will very likely be recouped when the supply chain restores its balance, considering the continued surge in demand for iPhones and iPads underpinned by ongoing 5G transition and the increasing need for versatile portable smart devices to enable online access at all times. As a global industry leader with successes achieved to date that very few could match, Apple is poised for further upside realization in the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899059138,"gmtCreate":1628144980924,"gmtModify":1703502057743,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Shake shack best??","listText":"Shake shack best??","text":"Shake shack best??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/899059138","repostId":"1109459574","repostType":4,"repost":{"id":"1109459574","pubTimestamp":1628142993,"share":"https://ttm.financial/m/news/1109459574?lang=&edition=fundamental","pubTime":"2021-08-05 13:56","market":"us","language":"en","title":"7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover","url":"https://stock-news.laohu8.com/highlight/detail?id=1109459574","media":"InvestorPlace","summary":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and gr","content":"<p>Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2eb44424b42f94add678bc777f809c4\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"><span>Source: Shutterstock</span></p>\n<p>At the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by&nbsp;<i>Harvard Business School</i>, two months into the pandemic,40% of American restaurants were closed&nbsp;and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.</p>\n<p>However, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.</p>\n<p>Energy stocks&nbsp;have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.</p>\n<ul>\n <li><b>Brinker International, Inc.</b>(NYSE:<b><u>EAT</u></b>)</li>\n <li><b>Cheesecake Factory Inc</b>(NASDAQ:<b><u>CAKE</u></b>)</li>\n <li><b>Darden Restaurants, Inc.</b>(NYSE:<b><u>DRI</u></b>)</li>\n <li><b>Denny’s Corp</b>(NASDAQ:<b><u>DENN</u></b>)</li>\n <li><b>Ruth’s Hospitality Group, Inc.</b>(NASDAQ:<b><u>RUTH</u></b>)</li>\n <li><b>Shake Shack Inc</b>(NYSE:<b><u>SHAK</u></b>)</li>\n <li><b>Starbucks Corporation</b>(NASDAQ:<b><u>SBUX</u></b>)</li>\n</ul>\n<p>While times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.</p>\n<p><b>Brinker International (EAT)</b></p>\n<p>Brinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.</p>\n<p>As the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker&nbsp;reported revenue down&nbsp;slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.</p>\n<p>That price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.</p>\n<p>At the time of publication, EAT stock was rated “B” in&nbsp;<i>Portfolio Grader</i>.</p>\n<p><b>Cheesecake Factory (CAKE)</b></p>\n<p>Casual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.</p>\n<p>After plunging last February, CAKE stock rallied, but then the company ran into an&nbsp;Securities and Exchange Commission&nbsp;investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.</p>\n<p>The company reported its&nbsp;second-quarter 2021 earnings&nbsp;in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.</p>\n<p>The&nbsp;<i>Portfolio Grader</i>&nbsp;rating for CAKE stock is currently “B.”</p>\n<p><b>Darden Restaurants (DRI)</b></p>\n<p>Darden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.</p>\n<p>Darden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations&nbsp;for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.</p>\n<p>Darden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.</p>\n<p>DRI stock currently earns a “B” rating in&nbsp;<i>Portfolio Grader</i>.</p>\n<p><b>Denny’s (DENN)</b></p>\n<p>With a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of&nbsp;chains most likely to fail.</p>\n<p>Denny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company&nbsp;announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.</p>\n<p>At the time of publication, DENN stock was rated “B” in&nbsp;<i>Portfolio Grader</i>.</p>\n<p><b>Ruth’s Hospitality Group (RUTH)</b></p>\n<p>The pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.</p>\n<p>The company was&nbsp;forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up&nbsp;returning the money after public backlash.</p>\n<p>Today, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.</p>\n<p>The current<i>Portfolio Grader</i>&nbsp;rating for RUTH stock is “B.”</p>\n<p><b>Shake Shack (SHAK)</b></p>\n<p>Just like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.</p>\n<p>However, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.</p>\n<p>Currently trading at just over $100, SHAK stock is up 12% so far in 2021.</p>\n<p>SHAK stock currently rates a “B” in&nbsp;<i>Portfolio Grader</i>.</p>\n<p><b>Starbucks (SBUX)</b></p>\n<p>Finally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.</p>\n<p>In its first full quarter of the pandemic in 2020, the company said&nbsp;it had lost $3.2 billion in sales&nbsp;as a result.</p>\n<p>It seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.</p>\n<p>After a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.</p>\n<p>The current rating for SVUX stock in&nbsp;<i>Portfolio Grader</i>is “B.”</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 13:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as ...</p>\n\n<a href=\"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAKE":"芝乐坊餐馆","SHAK":"Shake Shack Inc","DENN":"丹尼斯","DRI":"达登饭店","RUTH":"鲁斯集团","EAT":"布林克国际","SBUX":"星巴克"},"source_url":"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109459574","content_text":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by Harvard Business School, two months into the pandemic,40% of American restaurants were closed and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.\nHowever, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.\nEnergy stocks have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.\n\nBrinker International, Inc.(NYSE:EAT)\nCheesecake Factory Inc(NASDAQ:CAKE)\nDarden Restaurants, Inc.(NYSE:DRI)\nDenny’s Corp(NASDAQ:DENN)\nRuth’s Hospitality Group, Inc.(NASDAQ:RUTH)\nShake Shack Inc(NYSE:SHAK)\nStarbucks Corporation(NASDAQ:SBUX)\n\nWhile times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.\nBrinker International (EAT)\nBrinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.\nAs the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker reported revenue down slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.\nThat price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.\nAt the time of publication, EAT stock was rated “B” in Portfolio Grader.\nCheesecake Factory (CAKE)\nCasual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.\nAfter plunging last February, CAKE stock rallied, but then the company ran into an Securities and Exchange Commission investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.\nThe company reported its second-quarter 2021 earnings in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.\nThe Portfolio Grader rating for CAKE stock is currently “B.”\nDarden Restaurants (DRI)\nDarden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.\nDarden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.\nDarden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.\nDRI stock currently earns a “B” rating in Portfolio Grader.\nDenny’s (DENN)\nWith a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of chains most likely to fail.\nDenny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.\nAt the time of publication, DENN stock was rated “B” in Portfolio Grader.\nRuth’s Hospitality Group (RUTH)\nThe pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.\nThe company was forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up returning the money after public backlash.\nToday, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.\nThe currentPortfolio Grader rating for RUTH stock is “B.”\nShake Shack (SHAK)\nJust like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.\nHowever, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.\nCurrently trading at just over $100, SHAK stock is up 12% so far in 2021.\nSHAK stock currently rates a “B” in Portfolio Grader.\nStarbucks (SBUX)\nFinally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.\nIn its first full quarter of the pandemic in 2020, the company said it had lost $3.2 billion in sales as a result.\nIt seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.\nAfter a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.\nThe current rating for SVUX stock in Portfolio Graderis “B.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899034395,"gmtCreate":1628141383017,"gmtModify":1703501996416,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Novavac&nbsp;better than Pfizer?","listText":"Novavac&nbsp;better than Pfizer?","text":"Novavac better than Pfizer?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899034395","repostId":"1170468091","repostType":4,"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899035251,"gmtCreate":1628141302973,"gmtModify":1703501994937,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Continue to hold or buy??","listText":"Continue to hold or buy??","text":"Continue to hold or buy??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899035251","repostId":"1158747638","repostType":4,"repost":{"id":"1158747638","pubTimestamp":1628130472,"share":"https://ttm.financial/m/news/1158747638?lang=&edition=fundamental","pubTime":"2021-08-05 10:27","market":"us","language":"en","title":"Is Apple Stock A Buy Or Sell After Recently Announced Earnings?","url":"https://stock-news.laohu8.com/highlight/detail?id=1158747638","media":"seekingalpha","summary":"Summary\n\nIn last week's earnings release, Apple posted record-setting June quarter results, with tot","content":"<p><b>Summary</b></p>\n<ul>\n <li>In last week's earnings release, Apple posted record-setting June quarter results, with total net sales of $81.4 billion, up 36% year-over-year.</li>\n <li>Yet, warnings about supply chain constraints and service revenues returning to more typical levels took its share price by surprise, with a same day drop of as much as 3%.</li>\n <li>However, the headwinds are expected to be temporary with no significant impacts to Apple's long-term growth prospects and valuation.</li>\n <li>Apple is expected to keep delivering unprecedented growth, underpinned by continued global demand for its products and services in the long run. And the recent price pullback makes a great buy opportunity for those looking to participate in the company's long-term gains.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c6ec3289e9b74b1c20fa47308bcbb20\" tg-width=\"1536\" tg-height=\"1063\" width=\"100%\" height=\"auto\"><span>Justin Sullivan/Getty Images News</span></p>\n<p>Just a week ago, Apple (Nasdaq:AAPL) reported record-setting June quarter results that had crushed market expectations. The Cupertino-based tech giant recorded largest quarterly revenues ever of $81.4 billion, which were up 36% from the prior year and outperformed the average Wall Street forecast of $72.9 billion and our&nbsp;previous coverage&nbsp;projections of $76.5 billion by nearly $10 billion.</p>\n<p>The company also saw robust double-digit growth across the board from products and services to every geographic segment, with the installed base of devices and paid service subscriptions reaching an all-time high; the stellar results were also indicative of increased market penetration with the largest double-digit growth recorded for switchers and upgraders ever for a June-quarter, marking another record-breaking milestone in the books this quarter and continued dominance across all markets for Apple.</p>\n<p>Yet, Apple’s shares slipped as much as 3% following the earnings call and continues to be down close to 1% since July 27th. The stock also has not fared well amongst its FAANG counterparts in recent weeks from the stock sell-off triggered by fear that the latest resurgence of the coronavirus’ delta variant could erode economic growth.</p>\n<p>The contradicting movement in Apple’s share price compared to its stellar June quarter financial results allegedly stemmed from management’s warning of decelerated growth for the upcoming September quarter as lingering supply chain constraints are expected to place an adverse impact on product sales, especially on the revenue-leading iPhone and iPad categories; other headwinds also include weaker FX gains and anticipated slowed growth in the services category as demand returns to pre-pandemic levels following above-normal June quarter results.</p>\n<p>However, we consider anticipated headwinds as only short-term impacts that will not result in permanent losses for the company. The Apple stock remains primed for further upside considering the rising global demand for its products and services. Despite the supply crunch and decelerated growth anticipated for the upcoming September quarter, our outlook remains bullish on Apple with upside of more than 15% based on the last traded share price of $145.52 on August 2nd. With Apple’s stock price still down 0.85% from its earnings call on July 27thand down close to 3% from its mid-July peak, we consider the recent price pullback an advantage slated for long-term gains.</p>\n<p><b>Strength in Overcoming Lost Sales from Supply Constraints</b></p>\n<p>One of the key drivers for slowed growth anticipated for the September quarter is the ongoing chip supply shortage, which had previously caused more pervasive impact to the automotive industry but has now trickled down to consumer electronics. And Apple, who has its proprietary chips made by the world’s largest contract chip manufacturer, Taiwan Semiconductor Manufacturing Company (NYSE:TSMor “TSMC”), has not been spared from impact, with management warning of a supply constraint for the legacy semiconductor nodes used in the display and audio functions of its best-selling products, which is expected to drive lower sales in the near term.</p>\n<p>TSMC has also warned the chip shortage will likely continue into the&nbsp;following year, which is consistent with the timeline issued across all impacted industries. Although management has not provided a quantified range for the anticipated impact on the September quarter’s results, it is expected to be far more severe than what was experienced in the June quarter, which was on the low end of the $3 billion and $4 billion range estimate provided in April.</p>\n<p>However, the continued acceleration in global demand for iPhones and iPads is expected to more than compensate for the upcoming loss of revenues in later periods as “deferred” sales when raw material supplies return, and pending demand is fulfilled. To date, 97% of customers who have purchased from the iPhone 12 family have indicated appreciation for the enhanced 5G speeds, alongside improved chip technology and camera quality.</p>\n<p>The product category has also seen strong upgrade and switch rates in recent months as users continue their transition from legacy iPhones and other smartphones to the latest and greatest 5G-enabled iPhone. Considering 5G technology is still in early stages of adoption with low penetration rate, there is still significant additional growth opportunities available for the current and future 5G-enabled iPhone models.</p>\n<p>Global demand for 5G-enabled devices is expected to grow at a&nbsp;compounded annual growth rate (“CAGR”) of 38% into 2026, which further corroborates the expectation that potential lost sales from the ongoing supply shortage will not be permanent as demand for iPhones will continue to persist at high levels and make-whole lost sales in later periods when chip supplies return. A similar trend is expected for iPad demands in the long run, as it has proven itself during the pandemic to be a versatile and affordable tool to support creativity and social connection.</p>\n<p>The production and sales bottleneck caused by the ongoing global chip supply shortage will only be a temporary pause to Apple’s iPhone and iPad hot streak, which is expected to resume in strength when the supply chain finds alleviation to its current crunch sometime next year. And when this happens, we should be expecting above-normal sales levels underpinned by robust demand, similar to those observed in the June quarter.</p>\n<p><b>Outperforming Competition in the Services Segment with Innovation</b></p>\n<p>Although the above-normal growth in the services business segment observed during the June quarter is expected to revert to more moderated historical levels going forward, Apple has continued to be diligent in rolling out “innovative new features and programming” to increase reach and maintain market dominance in the increasingly competitive landscape.</p>\n<p>Apple’s services business segment – which includes iCloud, Apple TV+, App Store, Apple Music, Apple Podcasts, advertising, payment and other service offerings – currently competes head-on with other prominent service providers like Spotify (NYSE:SPOT), Netflix (Nasdaq:NFLX), Amazon.com (Nasdaq:AMZN),Google(Nasdaq:GOOG) (GOOGL) and&nbsp;Facebook(Nasdaq:FB). In order to maintain its established reputation for innovative technology and grow its loyal fanbase, Apple has recently introduced several new upgrades to existing service offerings at its most recent Worldwide Developers Conference (“WWDC”).</p>\n<p>The new exciting features include&nbsp;Spatial Audio and Lossless Audio&nbsp;for Apple Music, which enables an “immersive” listening experience and provides access to the studio quality of original audio files at no additional cost – a competitive advantage to audio streaming leader Spotify’s “HiFi” equivalent, which will likely come at a higher price tag upon launch. And for Apple TV+ – Apple’s gateway to the fast-growing&nbsp;video-streaming&nbsp;market – the company has continued to produce quality programming, which is proven through the&nbsp;35 Emmy Nominations&nbsp;that it has received this year.</p>\n<p>A new generation of the&nbsp;Apple TV, which includes a Siri-enabled remote and enhanced colour balance technology, has also been unveiled to complement its improved programming, which is expected to further enhance customer traction for the segment. The tech giant has also rebranded its iCloud service to&nbsp;iCloud+, with additional upgrades including enhanced privacy features and expanded HomeKit Secure Video support to accompany its suite of smart home devices at no additional costs.</p>\n<p>Other recently launched and enhanced services include Apple Podcast subscriptions, Apple News+ and Apple Fitness+, which could be bundled through Apple One at a discounted subscription rate. The Apple One bundle, which was launched in Q2, has already seen incredible success with increasing adoption rates that continue to drive overall growth within the services business segment.</p>\n<p><b>Overall Financial Prospects</b></p>\n<p>Considering the above analysis on Apple’s current operating environment, the recent headwinds that will drive decelerated growth during the September quarter are expected to be temporary and will be overcome with ease in the long run. Our base case forecast projects total net sales of $85.6 billion for the September quarter, representing 32% year-over-year growth, which is consistent with management’s expectations for strong double-digit year-over-year growth that will be slightly lower than the 36% reported for the June quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/347e1ee20881f92c4563eeeaa5b1963c\" tg-width=\"640\" tg-height=\"232\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts (Apple_-_Forecasted_Financial_Information.pdf).</span></p>\n<p>Our projected total net sales for the September quarter consist of $67.6 billion in product sales, up 35% from the prior year, and $18.0 billion in service sales, up 24% from the prior year. Altogether, our base case forecast projects total net sales of $368.1 billion for FY 2021, which represents year-over-year growth of 34%. The company’s net sales are expected to maintain accelerated growth at a CAGR of 8% towards $534.4 billion by FY 2026 due to increasing adoption and integration of technology and digital media into both professional and personal aspects of day-to-day routines.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/179a3a17abb5e6e4e0cb20196095a5eb\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p>Gross profit margins are projected at 41.7% for the September quarter, which is consistent with management’s guidance of approximately 41.5% to 42.5% considering the higher freight costs expected for this quarter, offset by an overall decline in component supply costs as product sales continue to scale.</p>\n<p>Total operating expenses are projected at $11.4 billion for the fiscal year’s fourth quarter, which consists of $6.0 billion related to research and development efforts, and $5.4 billion related to selling, general and administrative expenses; this is consistent with Apple’s cost structure observed in recent periods, and in line with the estimated range of $11.3 billion and $11.5 billion provided in management’s guidance.</p>\n<p>As a result, our base case forecast projects total cost of sales of $214.5 billion, and total operating expenses of $43.9 billion for FY 2021. And a similar cost structure is expected to apply into FY 2026 to support Apple’s continued growth in its products and services categories, as well as across all geographic segments in which it currently operates in.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/631897e055a326e11a137bad234bd0c9\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p>Altogether, our base case forecast projects FY 2021 net income of $94.8 billion, which represents year-over-year growth of 65%. The bottom line is forecasted for further growth at a CAGR of 7% into the next five years, resulting in projected net income of $132.5 billion by 2026.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce4ffc957a33598110dd5c193b77e637\" tg-width=\"640\" tg-height=\"198\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p><i>i. Base Case Financial Projections:</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ce3157a7c707f88fa9542c0253d7e4a\" tg-width=\"640\" tg-height=\"306\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p><b>AAPL Stock Valuation</b></p>\n<p>Our revised price target for Apple based on updated information from its recent earnings release is $170.91. This represents upside potential of 17.4% based on the last traded share price of $145.52 on August 2nd.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d398b8df89c54ecc26709392246469b0\" tg-width=\"640\" tg-height=\"210\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p>\n<p>To arrive at the $170.91 price target, we have applied a WACC of 8% to discount Apple’s projected free cash flows over a five-year discrete period; the WACC is consistent with Apple’s current risk profile and capital structure, which includes its latest&nbsp;four-part debt offering&nbsp;to&nbsp;taling $6.5 billion. Our valuation analysis also assumes a 19.7x EV/EBITDA multiple, which is in line with guideline public companies and precedent transactions within Apple’s industry peer group, and is reflective of current market expectations for Apple’s business growth potential in the long run.</p>\n<p><i>i. Base Case Valuation Analysis:</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b30bd02b3ef44a0cc3e7fef6501235c\" tg-width=\"640\" tg-height=\"308\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p>\n<p>In order to validate our foregoing analysis that the adverse impacts to sales resulting from supply constraints, moderated services segment revenues and less favourable FX are only temporary and will not materially change Apple’s upside potential, we have also performed a sensitivity analysis to quantify the impact to FY 2021 revenues needed to decrease our base case price target of $170.91 by 10%.</p>\n<p>Based on our sensitivity analysis, FY 2021 revenues of $301.5 billion with growth at a CAGR of 10% into 2026, while holding all other valuation assumptions (i.e. cost structure, WACC, EV/EBITDA multiple) discussed above constant, would result in a price target of $153.82, which is 10% lower than our base case price target of $170.91.</p>\n<p>Considering year-to-date total net sales of $282.5 billion, Apple would only need to achieve total net sales of $19.0 billion for the September quarter to maintain a projected equity value of $2.5 trillion or $153.82 per share, which is highly unlikely even under supply constraint pressures and reduced services segment sales based on the company’s current growth trajectory. As such, we do not consider the near-term impacts related to supply constraints, moderated services segment revenues, and unfavourable FX a catalyst for permanent loss to Apple’s valuation.</p>\n<p><i>i. Revenue Sensitivity Analysis:</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30976c090450f0576826720e5a1ab19a\" tg-width=\"640\" tg-height=\"354\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p>\n<p><b>Conclusion - Is AAPL Stock A Good Buy?</b></p>\n<p>Considering Apple’s growth prospects, the recent price pullback makes a great buy opportunity for those looking to participate in the company’s long-term gains. The near-term headwinds related to industry-wide supply constraints and normalized services segment revenues are not expected to materially change Apple’s growth trajectory nor valuation in the long run.</p>\n<p>Any lost revenues in the September quarter will very likely be recouped when the supply chain restores its balance, considering the continued surge in demand for iPhones and iPads underpinned by ongoing 5G transition and the increasing need for versatile portable smart devices to enable online access at all times. As a global industry leader with successes achieved to date that very few could match, Apple is poised for further upside realization in the long run.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple Stock A Buy Or Sell After Recently Announced Earnings?</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 A Buy Or Sell After Recently Announced Earnings?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 10:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4444713-apple-stock-buy-sell-recent-earnings><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIn last week's earnings release, Apple posted record-setting June quarter results, with total net sales of $81.4 billion, up 36% year-over-year.\nYet, warnings about supply chain constraints ...</p>\n\n<a href=\"https://seekingalpha.com/article/4444713-apple-stock-buy-sell-recent-earnings\">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/4444713-apple-stock-buy-sell-recent-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158747638","content_text":"Summary\n\nIn last week's earnings release, Apple posted record-setting June quarter results, with total net sales of $81.4 billion, up 36% year-over-year.\nYet, warnings about supply chain constraints and service revenues returning to more typical levels took its share price by surprise, with a same day drop of as much as 3%.\nHowever, the headwinds are expected to be temporary with no significant impacts to Apple's long-term growth prospects and valuation.\nApple is expected to keep delivering unprecedented growth, underpinned by continued global demand for its products and services in the long run. And the recent price pullback makes a great buy opportunity for those looking to participate in the company's long-term gains.\n\nJustin Sullivan/Getty Images News\nJust a week ago, Apple (Nasdaq:AAPL) reported record-setting June quarter results that had crushed market expectations. The Cupertino-based tech giant recorded largest quarterly revenues ever of $81.4 billion, which were up 36% from the prior year and outperformed the average Wall Street forecast of $72.9 billion and our previous coverage projections of $76.5 billion by nearly $10 billion.\nThe company also saw robust double-digit growth across the board from products and services to every geographic segment, with the installed base of devices and paid service subscriptions reaching an all-time high; the stellar results were also indicative of increased market penetration with the largest double-digit growth recorded for switchers and upgraders ever for a June-quarter, marking another record-breaking milestone in the books this quarter and continued dominance across all markets for Apple.\nYet, Apple’s shares slipped as much as 3% following the earnings call and continues to be down close to 1% since July 27th. The stock also has not fared well amongst its FAANG counterparts in recent weeks from the stock sell-off triggered by fear that the latest resurgence of the coronavirus’ delta variant could erode economic growth.\nThe contradicting movement in Apple’s share price compared to its stellar June quarter financial results allegedly stemmed from management’s warning of decelerated growth for the upcoming September quarter as lingering supply chain constraints are expected to place an adverse impact on product sales, especially on the revenue-leading iPhone and iPad categories; other headwinds also include weaker FX gains and anticipated slowed growth in the services category as demand returns to pre-pandemic levels following above-normal June quarter results.\nHowever, we consider anticipated headwinds as only short-term impacts that will not result in permanent losses for the company. The Apple stock remains primed for further upside considering the rising global demand for its products and services. Despite the supply crunch and decelerated growth anticipated for the upcoming September quarter, our outlook remains bullish on Apple with upside of more than 15% based on the last traded share price of $145.52 on August 2nd. With Apple’s stock price still down 0.85% from its earnings call on July 27thand down close to 3% from its mid-July peak, we consider the recent price pullback an advantage slated for long-term gains.\nStrength in Overcoming Lost Sales from Supply Constraints\nOne of the key drivers for slowed growth anticipated for the September quarter is the ongoing chip supply shortage, which had previously caused more pervasive impact to the automotive industry but has now trickled down to consumer electronics. And Apple, who has its proprietary chips made by the world’s largest contract chip manufacturer, Taiwan Semiconductor Manufacturing Company (NYSE:TSMor “TSMC”), has not been spared from impact, with management warning of a supply constraint for the legacy semiconductor nodes used in the display and audio functions of its best-selling products, which is expected to drive lower sales in the near term.\nTSMC has also warned the chip shortage will likely continue into the following year, which is consistent with the timeline issued across all impacted industries. Although management has not provided a quantified range for the anticipated impact on the September quarter’s results, it is expected to be far more severe than what was experienced in the June quarter, which was on the low end of the $3 billion and $4 billion range estimate provided in April.\nHowever, the continued acceleration in global demand for iPhones and iPads is expected to more than compensate for the upcoming loss of revenues in later periods as “deferred” sales when raw material supplies return, and pending demand is fulfilled. To date, 97% of customers who have purchased from the iPhone 12 family have indicated appreciation for the enhanced 5G speeds, alongside improved chip technology and camera quality.\nThe product category has also seen strong upgrade and switch rates in recent months as users continue their transition from legacy iPhones and other smartphones to the latest and greatest 5G-enabled iPhone. Considering 5G technology is still in early stages of adoption with low penetration rate, there is still significant additional growth opportunities available for the current and future 5G-enabled iPhone models.\nGlobal demand for 5G-enabled devices is expected to grow at a compounded annual growth rate (“CAGR”) of 38% into 2026, which further corroborates the expectation that potential lost sales from the ongoing supply shortage will not be permanent as demand for iPhones will continue to persist at high levels and make-whole lost sales in later periods when chip supplies return. A similar trend is expected for iPad demands in the long run, as it has proven itself during the pandemic to be a versatile and affordable tool to support creativity and social connection.\nThe production and sales bottleneck caused by the ongoing global chip supply shortage will only be a temporary pause to Apple’s iPhone and iPad hot streak, which is expected to resume in strength when the supply chain finds alleviation to its current crunch sometime next year. And when this happens, we should be expecting above-normal sales levels underpinned by robust demand, similar to those observed in the June quarter.\nOutperforming Competition in the Services Segment with Innovation\nAlthough the above-normal growth in the services business segment observed during the June quarter is expected to revert to more moderated historical levels going forward, Apple has continued to be diligent in rolling out “innovative new features and programming” to increase reach and maintain market dominance in the increasingly competitive landscape.\nApple’s services business segment – which includes iCloud, Apple TV+, App Store, Apple Music, Apple Podcasts, advertising, payment and other service offerings – currently competes head-on with other prominent service providers like Spotify (NYSE:SPOT), Netflix (Nasdaq:NFLX), Amazon.com (Nasdaq:AMZN),Google(Nasdaq:GOOG) (GOOGL) and Facebook(Nasdaq:FB). In order to maintain its established reputation for innovative technology and grow its loyal fanbase, Apple has recently introduced several new upgrades to existing service offerings at its most recent Worldwide Developers Conference (“WWDC”).\nThe new exciting features include Spatial Audio and Lossless Audio for Apple Music, which enables an “immersive” listening experience and provides access to the studio quality of original audio files at no additional cost – a competitive advantage to audio streaming leader Spotify’s “HiFi” equivalent, which will likely come at a higher price tag upon launch. And for Apple TV+ – Apple’s gateway to the fast-growing video-streaming market – the company has continued to produce quality programming, which is proven through the 35 Emmy Nominations that it has received this year.\nA new generation of the Apple TV, which includes a Siri-enabled remote and enhanced colour balance technology, has also been unveiled to complement its improved programming, which is expected to further enhance customer traction for the segment. The tech giant has also rebranded its iCloud service to iCloud+, with additional upgrades including enhanced privacy features and expanded HomeKit Secure Video support to accompany its suite of smart home devices at no additional costs.\nOther recently launched and enhanced services include Apple Podcast subscriptions, Apple News+ and Apple Fitness+, which could be bundled through Apple One at a discounted subscription rate. The Apple One bundle, which was launched in Q2, has already seen incredible success with increasing adoption rates that continue to drive overall growth within the services business segment.\nOverall Financial Prospects\nConsidering the above analysis on Apple’s current operating environment, the recent headwinds that will drive decelerated growth during the September quarter are expected to be temporary and will be overcome with ease in the long run. Our base case forecast projects total net sales of $85.6 billion for the September quarter, representing 32% year-over-year growth, which is consistent with management’s expectations for strong double-digit year-over-year growth that will be slightly lower than the 36% reported for the June quarter.\nSource: Author, with data from our internal financial forecasts (Apple_-_Forecasted_Financial_Information.pdf).\nOur projected total net sales for the September quarter consist of $67.6 billion in product sales, up 35% from the prior year, and $18.0 billion in service sales, up 24% from the prior year. Altogether, our base case forecast projects total net sales of $368.1 billion for FY 2021, which represents year-over-year growth of 34%. The company’s net sales are expected to maintain accelerated growth at a CAGR of 8% towards $534.4 billion by FY 2026 due to increasing adoption and integration of technology and digital media into both professional and personal aspects of day-to-day routines.\nSource: Author, with data from our internal financial forecasts.\nGross profit margins are projected at 41.7% for the September quarter, which is consistent with management’s guidance of approximately 41.5% to 42.5% considering the higher freight costs expected for this quarter, offset by an overall decline in component supply costs as product sales continue to scale.\nTotal operating expenses are projected at $11.4 billion for the fiscal year’s fourth quarter, which consists of $6.0 billion related to research and development efforts, and $5.4 billion related to selling, general and administrative expenses; this is consistent with Apple’s cost structure observed in recent periods, and in line with the estimated range of $11.3 billion and $11.5 billion provided in management’s guidance.\nAs a result, our base case forecast projects total cost of sales of $214.5 billion, and total operating expenses of $43.9 billion for FY 2021. And a similar cost structure is expected to apply into FY 2026 to support Apple’s continued growth in its products and services categories, as well as across all geographic segments in which it currently operates in.\nSource: Author, with data from our internal financial forecasts.\nAltogether, our base case forecast projects FY 2021 net income of $94.8 billion, which represents year-over-year growth of 65%. The bottom line is forecasted for further growth at a CAGR of 7% into the next five years, resulting in projected net income of $132.5 billion by 2026.\nSource: Author, with data from our internal financial forecasts.\ni. Base Case Financial Projections:\nSource: Author, with data from our internal financial forecasts.\nAAPL Stock Valuation\nOur revised price target for Apple based on updated information from its recent earnings release is $170.91. This represents upside potential of 17.4% based on the last traded share price of $145.52 on August 2nd.\nSource: Author, with data from our internal valuation analysis.\nTo arrive at the $170.91 price target, we have applied a WACC of 8% to discount Apple’s projected free cash flows over a five-year discrete period; the WACC is consistent with Apple’s current risk profile and capital structure, which includes its latest four-part debt offering to taling $6.5 billion. Our valuation analysis also assumes a 19.7x EV/EBITDA multiple, which is in line with guideline public companies and precedent transactions within Apple’s industry peer group, and is reflective of current market expectations for Apple’s business growth potential in the long run.\ni. Base Case Valuation Analysis:\nSource: Author, with data from our internal valuation analysis.\nIn order to validate our foregoing analysis that the adverse impacts to sales resulting from supply constraints, moderated services segment revenues and less favourable FX are only temporary and will not materially change Apple’s upside potential, we have also performed a sensitivity analysis to quantify the impact to FY 2021 revenues needed to decrease our base case price target of $170.91 by 10%.\nBased on our sensitivity analysis, FY 2021 revenues of $301.5 billion with growth at a CAGR of 10% into 2026, while holding all other valuation assumptions (i.e. cost structure, WACC, EV/EBITDA multiple) discussed above constant, would result in a price target of $153.82, which is 10% lower than our base case price target of $170.91.\nConsidering year-to-date total net sales of $282.5 billion, Apple would only need to achieve total net sales of $19.0 billion for the September quarter to maintain a projected equity value of $2.5 trillion or $153.82 per share, which is highly unlikely even under supply constraint pressures and reduced services segment sales based on the company’s current growth trajectory. As such, we do not consider the near-term impacts related to supply constraints, moderated services segment revenues, and unfavourable FX a catalyst for permanent loss to Apple’s valuation.\ni. Revenue Sensitivity Analysis:\nSource: Author, with data from our internal valuation analysis.\nConclusion - Is AAPL Stock A Good Buy?\nConsidering Apple’s growth prospects, the recent price pullback makes a great buy opportunity for those looking to participate in the company’s long-term gains. The near-term headwinds related to industry-wide supply constraints and normalized services segment revenues are not expected to materially change Apple’s growth trajectory nor valuation in the long run.\nAny lost revenues in the September quarter will very likely be recouped when the supply chain restores its balance, considering the continued surge in demand for iPhones and iPads underpinned by ongoing 5G transition and the increasing need for versatile portable smart devices to enable online access at all times. As a global industry leader with successes achieved to date that very few could match, Apple is poised for further upside realization in the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804982492,"gmtCreate":1627916330016,"gmtModify":1703497887738,"author":{"id":"4087548754587790","authorId":"4087548754587790","name":"Kmyong","avatar":"https://community-static.tradeup.com/news/285b1727eda76b0888c32eb184268abf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087548754587790","authorIdStr":"4087548754587790"},"themes":[],"htmlText":"Recovering??","listText":"Recovering??","text":"Recovering??","images":[{"img":"https://static.tigerbbs.com/bd440264a3bfc5065cda360f1bfe13f2","width":"1125","height":"2164"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804982492","isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}