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dfjh

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- dfjhdfjh
  ·2022-11-03
  $BYD Co., Ltd.(BYDDY)$i think see this btr^_^
  Tesla: Don't Be Fooled By This Bear Market Rally
  SummaryTesla is a great company with outstanding products.Tesla is priced for perfection, and fundamental business analysis is pointless at this valuation.The company's business model is strongly inte
  Tesla: Don't Be Fooled By This Bear Market Rally
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- dfjhdfjh
  ·2022-10-26
  can someone assist... isit a buy or not
  The Biggest Bombshell in Tesla's Earnings Report
  Tesla is making big changes to its inventory management, and that may point to challenges in the business.
  The Biggest Bombshell in Tesla's Earnings Report
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- dfjhdfjh
  ·2022-10-05
  Good
  Musk’s Everything App "X" Sounds a Lot Like China’s WeChat
  The billionaire has said he wants to make Twitter more usefulMusk has previously mused about his own
  Musk’s Everything App "X" Sounds a Lot Like China’s WeChat
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- dfjhdfjh
  ·2022-09-17
  ok
  5 Warren Buffett Stocks to Buy and Never Sell
  These highly profitable companies offer sustainable competitive advantages that make them no-brainer buys.
  5 Warren Buffett Stocks to Buy and Never Sell
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- dfjhdfjh
  ·2022-08-03
  LIKE!!!
  BYD’s July New Energy Vehicle Sales More Than Triple to Record
  Chinese electric-car maker BYD Co. extended its lead over rivals in July, with sales of its new ener
  BYD’s July New Energy Vehicle Sales More Than Triple to Record
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- dfjhdfjh
  ·2022-07-28
  like
  3 Surefire Growth Stocks Destined to Double in Value
  Lessons from 2020 and 2021 should tell you what to do.
  3 Surefire Growth Stocks Destined to Double in Value
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- dfjhdfjh
  ·2022-07-22
  yeah
  Apple's New iPhone 14 Sales Will Likely Be Disappointing
  SummaryApple is expected to increase the price of the new iPhone 14 due to inflation.However, I beli
  Apple's New iPhone 14 Sales Will Likely Be Disappointing
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href=\"https://ttm.financial/S/BYDDY\">$BYD Co., Ltd.(BYDDY)$</a>i think see this btr^_^","listText":"<a href=\"https://ttm.financial/S/BYDDY\">$BYD Co., Ltd.(BYDDY)$</a>i think see this btr^_^","text":"$BYD Co., Ltd.(BYDDY)$i think see this btr^_^","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9984001002","repostId":"1101915911","repostType":2,"repost":{"id":"1101915911","pubTimestamp":1667488515,"share":"https://ttm.financial/m/news/1101915911?lang=&edition=fundamental","pubTime":"2022-11-03 23:15","market":"us","language":"en","title":"Tesla: Don't Be Fooled By This Bear Market Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1101915911","media":"seekingalpha","summary":"SummaryTesla is a great company with outstanding products.Tesla is priced for perfection, and fundamental business analysis is pointless at this valuation.The company's business model is strongly inte","content":"<html><head></head><body><p>Summary</p><ul><li>Tesla is a great company with outstanding products.</li><li>Tesla is priced for perfection, and fundamental business analysis is pointless at this valuation.</li><li>The company&#39;s business model is strongly intertwined with the global economy.</li><li>Macroeconomic headwinds and monetary tightening are likely to persist into 2023.</li><li>Going forward, a short-term bear market rally is likely, but I don’t believe the stock will find its bottom in 2022.</li></ul><h3>What a great company</h3><p>Let me start off by saying that I praise the <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> business model from a purely qualitative standpoint. The company reinvented car sales by implementing recurring revenue streams after the initial purchase. After the customer buys the car, the company earns additional revenue from superchargers, for example. But Tesla also sells wall connectors and car accessories. The customer has the ability to unlock software upgrades for his car without purchasing any hardware. Currently there is the possibility of purchasing two different upgrades for autonomous driving. In the future, there could be room for more software upgrades, which is why perma bulls of the stock deem Tesla to be a technology company, not a car manufacturer.</p><p>I believe there is at least some truth to that assessment. The business model of the company reminds me of Apple&#39;s (AAPL) business model during its earlier stages: Elegant, streamlined, and unique luxury hardware with purposely limited accessibility to some software functions, which creates an opportunity to sell the initially locked use cases of the software a second time later on. Obviously, Tesla is still heavily dependent on initial hardware sales, more so than Apple. And for now, there is nothing similar to an app store. But one can easily imagine features like that in the future.</p><p>Tesla has incredible marketing. There&#39;s Elon Musk&#39;s famous and polarizing megalomaniac space absolutism which spurs hype for all of his companies. Customers feel like they are purchasing a product from a company/person able to change the world. That’s a powerful qualitative argument for the company. Customers think they are doing something good for the environment while enjoying luxurious lifestyle benefits from a company with high-quality standards. I believe this is the primary reason why Apple’s business model has been so successful. Tesla is doing things differently than other car manufacturers: For example, calling their cars S, 3, X, Y. From a purely qualitative standpoint, the company is a clear buy. (If that sounded like sarcasm, it really isn’t).</p><h3>Tesla outperformed massively in the past</h3><p>In recent years, Tesla managed to outperform their peers massively. The financial statements show characteristics of a rising star technology company: The average revenue growth of the company was ~ 53 % per annum in the last five years. During the same time, the gross margin rose from ~19-20 % to ~ 25-27 %. Tesla became profitable for the first time in late 2019 and was profitable ever since. A comparison to traditional car manufacturers just doesn’t seem right, given their competitors’ small revenue growth and already matured business model.</p><p>In Q3/2022, Tesla had Year-over-year revenue growth of 59%. The company almost doubled its operating income and net income year-over-year. However, the spread between total production and total deliveries of cars widened. I believe this is indicative of macroeconomic headwinds, which will affect the company in the coming quarters. More on that later.</p><p>All the positives mentioned, qualitatively and quantitatively, don’t get me to buy shares of a company. Operating and financial performance rather serves as the benchmark to beat in the future. Past performance cannot be extrapolated into the future endlessly. But most of the time it’s the best guess market participants have. If expectations of future growth/profitability rise, then the markets discount higher cash flows of the future in the present, and the share price rises in order to display this valuation premium. That’s what happened in recent years with Tesla. The company massively outperformed, and shareholders profited as they should have.</p><p>However, rapid moves to the downside always occur when the previously risen expectations of market participants are not met - i.e. the market gets surprised by worse data. I believe the likelihood that negative surprises will happen for Tesla during the next 12 months is very high. My reasoning mainly stems from macroeconomic headwinds and further monetary tightening of the Federal Reserve.</p><p><b>1. Tesla is intertwined with the global economy - and the global economy is likely to decelerate materially.</b></p><p>With all the qualitative and quantitative arguments in mind, Tesla still generates the vast majority of its revenue from the traditional automotive sector. In Q3/2022 the company had 87 % of its revenue originating from sales, regulatory credits, and leasing. A mere $ 2,762 B originated from alternative revenue streams, such as Energy generation, energy storage, and other services. Some of the additional software upgrades for the Tesla models are included in the automotive sales, but they make up only a minor portion of the revenues.</p><p>While the revenue growth and the trajectory of the profitability cannot be compared to traditional car manufacturers, the dependency on demand for luxury cars remains the same. The automobile industry depends heavily on the balance sheet of the average customer. Generally, consumers will always spend first on consumer staples. If the average balance sheet of consumers is healthy enough, they will start spending on consumer discretionaries. Usually, the balance sheet is healthy if assets appreciate and the cost of credit lessens, i.e., yields decrease. And here&#39;s the problem:</p><p><b>2. The balance sheet of the average potential customer of Tesla got materially worse.</b></p><p>Let’s start with America, where most Tesla cars get sold: During 2022, the 60/40 portfolio got hit hard because the inverse correlation of bonds and stocks started to reverse because of inflation. The housing market hasn&#39;t sold off at similar levels in 2022. But as long as mortgage rates stay this elevated, the optimistic case for 2023 is an illiquid market with sideways price action because the average homeowner is reluctant to sell at a lower price, and buyers can’t afford today&#39;s rates coupled with yesterday’s prices. Either rates or prices have to go down (assuming a liquid market). Additionally, there’s less money left after buying all the consumer staples needed in everyday life because of high consumer price inflation. However, the rising US Dollar cushions the financial impact on American consumers partially.</p><p>The luxury car demand in Europe is likely to get eroded. Europeans face not only the same (or worse) pain in terms of asset prices. But also much worse consumer price inflation due to the Energy and Food situation. The decline of the Euro in recent months adds additional fuel to the fire. Europeans don’t enjoy the privilege of earning their wages in the global reserve currency.</p><p>I think it&#39;s almost guaranteed that the revenue of Tesla cannot grow at the previous pace. I believe the market is still way too optimistic about the future, given the rich valuation multiples of Tesla.</p><p>In my opinion, the revenues will not only exit the previous trendline, but the expenses of Tesla may rise materially too. Rising energy prices should burden the margins of Tesla while preventing potential customers from buying their luxury product. If consumer price inflation stays sticky, wage increases may burden Tesla too, in 2023. However, with the current macroeconomic headwinds, I can imagine sharp disinflation during H1/2023. To my belief, that disinflation will not be constructive for asset prices because the reason for inflation receding will most likely be demand destruction.</p><p><b>3. Tesla is as overvalued as it was a year ago.</b></p><p>Almost every stock is a buy at some price, and Tesla’s stock price fell from $400 to $230. But I think the stock is nowhere near a buy. Investors have to ask themselves what they are getting when buying shares of a company. Either it’s cash flow in the form of dividends, or its cash flow that is being reinvested in the company in order to grow revenues and raise the profitability of the future. Clearly, with Tesla investors don’t get any dividends, so they are betting on future cashflows.</p><p>The cash flows of the future are discounted by the risk-free rate plus a risk premium. The risk premium rose as the economy is expected to slow down in the future, and investors are getting increasingly risk intolerant. The risk-free rate has increased already since the Federal Reserve hiked rates rather fast. I believe most of the sharp decline of Tesla’s share price originates from the elevated discount rates. So this is all baked in.</p><p>What I believe to not be priced in by the markets yet, are the expectations of lower future cashflows due to a slower-growing revenue trend and rising expenses, therefore decreasing future margins. With a 50+ PE/FWD ratio and PS/FWD of 8.5 the shares of Tesla are priced for perfection (FWDs are already at lofty levels). This leaves little upside to Tesla’s share price originating from operating performance. However, if the expectations of future cashflows worsen, the stock price of Tesla should deteriorate further. I believe that the 45% drawdown was almost exclusively because of the change in the underlying discount rate and not because of changes in future cash flow expectations.</p><p><b>4. The upside for Tesla is a Federal Reserve pivot</b></p><p>Given that the valuation of Tesla is still at a ridiculously high level, my belief is that the upside for Tesla shares is that financial conditions ease, yields come down from their historic rise in 2022, and the Federal Reserve stops the monetary tightening. Elon Musk and Cathie Wood (ARKK) know this, which is why they are calling out the Federal Reserve for not easing financial conditions. Both of them are only talking their book when they explain how technology is going to make things exponentially cheaper and deflationary, and therefore the Federal Reserve should never hike ever again.</p><p>I think that the reality is different. In a deglobalizing economy with wars and polarizing world views which originate from a slowly receding single global superpower, inflation is very likely to be higher for a prolonged period of time.</p><p>Almost certainly, the Federal Reserve will pivot at some point in the future. I think there&#39;s no question about it. But the prerequisites for a pivot are either that inflation comes down materially or that something breaks. I think the most likely scenario is that both happens: Inflation decreases because of the demand destruction caused by a global recession. The problem for Tesla is that this scenario would likely be negative for the share price at first. If the global economy enters a recession in 2023, then the demand for luxury cars is likely going to dwindle, expectations of future cash flows should decrease materially, and the share price of Tesla could significantly fall because of it. To my belief, it is only after the monetary easing that the share price of Tesla can recover. Likely from a permanently lower base.</p><p>The risk of shorting Tesla from here is that the soft landing scenario proposed by the Federal Reserve happens. In such a scenario, the economy would be able to withstand much higher rates for longer than most market participants currently expect. Slight demand destruction would remove the tightness in the labor market so prices could stabilize at a lower inflation rate, but the economy wouldn&#39;t face a harsh recession. If a soft landing materializes, the Federal Reserve could stimulate earlier via monetary easing, and the share price of Tesla could appreciate further. Although I believe the chances of a soft landing scenario get smaller day by day, it&#39;s still a possible outcome.</p><p>From a company development perspective, the risk remains that Tesla could outperform even the current lofty expectations. For example, government subsidies for ecological car purchases could spur demand for Tesla cars and drive the stock price higher. The risk of shorting any stock remains that the mathematical upside is limited, but the potential downside is unlimited. During a bear market, in particular, violent bear market rallies (e.g. June 2022) can cause huge losses in a short period of time even though the general direction remains downwards. Therefore I am warning investors of sizing their positions and try to time entry and exit points accordingly.</p><p>All in all, Tesla reminds me of Intel (INTC) during the 2000 dot-com bubble. Back then, Intel was a great company with good products. The problem was that the stock was incredibly overvalued. After the bubble popped, Intel continued its business with success but the stock price never reached the previous high.</p><h3>Why Tesla Bulls shouldn’t be excited by this Bear market rally</h3><p>At the start of writing this article (Oct. 20), many indicators pointed towards a local bottom. Since then, the S&amp;P500 (SPX) rose ~ 5-6%. In case of a dovish surprise from the Federal Reserve today, the market could rally violently, and Tesla shares would profit massively. However, Tesla bulls should be careful as I do not believe that the (continuing?) rally will prove to be a permanent bottom, but rather a local one. I think that only if the economy enters a recession, the expectations of Tesla&#39;s future cashflows get adjusted, the share price corrects to a reasonable valuation, and the Federal Reserve pivots, it’s time to buy the dip. That time could still be several years ahead.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Don't Be Fooled By This Bear Market Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Don't Be Fooled By This Bear Market Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4552006-tesla-dont-be-fooled-by-bear-market-rally><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla is a great company with outstanding products.Tesla is priced for perfection, and fundamental business analysis is pointless at this valuation.The company's business model is strongly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4552006-tesla-dont-be-fooled-by-bear-market-rally\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4552006-tesla-dont-be-fooled-by-bear-market-rally","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1101915911","content_text":"SummaryTesla is a great company with outstanding products.Tesla is priced for perfection, and fundamental business analysis is pointless at this valuation.The company's business model is strongly intertwined with the global economy.Macroeconomic headwinds and monetary tightening are likely to persist into 2023.Going forward, a short-term bear market rally is likely, but I don’t believe the stock will find its bottom in 2022.What a great companyLet me start off by saying that I praise the Tesla business model from a purely qualitative standpoint. The company reinvented car sales by implementing recurring revenue streams after the initial purchase. After the customer buys the car, the company earns additional revenue from superchargers, for example. But Tesla also sells wall connectors and car accessories. The customer has the ability to unlock software upgrades for his car without purchasing any hardware. Currently there is the possibility of purchasing two different upgrades for autonomous driving. In the future, there could be room for more software upgrades, which is why perma bulls of the stock deem Tesla to be a technology company, not a car manufacturer.I believe there is at least some truth to that assessment. The business model of the company reminds me of Apple's (AAPL) business model during its earlier stages: Elegant, streamlined, and unique luxury hardware with purposely limited accessibility to some software functions, which creates an opportunity to sell the initially locked use cases of the software a second time later on. Obviously, Tesla is still heavily dependent on initial hardware sales, more so than Apple. And for now, there is nothing similar to an app store. But one can easily imagine features like that in the future.Tesla has incredible marketing. There's Elon Musk's famous and polarizing megalomaniac space absolutism which spurs hype for all of his companies. Customers feel like they are purchasing a product from a company/person able to change the world. That’s a powerful qualitative argument for the company. Customers think they are doing something good for the environment while enjoying luxurious lifestyle benefits from a company with high-quality standards. I believe this is the primary reason why Apple’s business model has been so successful. Tesla is doing things differently than other car manufacturers: For example, calling their cars S, 3, X, Y. From a purely qualitative standpoint, the company is a clear buy. (If that sounded like sarcasm, it really isn’t).Tesla outperformed massively in the pastIn recent years, Tesla managed to outperform their peers massively. The financial statements show characteristics of a rising star technology company: The average revenue growth of the company was ~ 53 % per annum in the last five years. During the same time, the gross margin rose from ~19-20 % to ~ 25-27 %. Tesla became profitable for the first time in late 2019 and was profitable ever since. A comparison to traditional car manufacturers just doesn’t seem right, given their competitors’ small revenue growth and already matured business model.In Q3/2022, Tesla had Year-over-year revenue growth of 59%. The company almost doubled its operating income and net income year-over-year. However, the spread between total production and total deliveries of cars widened. I believe this is indicative of macroeconomic headwinds, which will affect the company in the coming quarters. More on that later.All the positives mentioned, qualitatively and quantitatively, don’t get me to buy shares of a company. Operating and financial performance rather serves as the benchmark to beat in the future. Past performance cannot be extrapolated into the future endlessly. But most of the time it’s the best guess market participants have. If expectations of future growth/profitability rise, then the markets discount higher cash flows of the future in the present, and the share price rises in order to display this valuation premium. That’s what happened in recent years with Tesla. The company massively outperformed, and shareholders profited as they should have.However, rapid moves to the downside always occur when the previously risen expectations of market participants are not met - i.e. the market gets surprised by worse data. I believe the likelihood that negative surprises will happen for Tesla during the next 12 months is very high. My reasoning mainly stems from macroeconomic headwinds and further monetary tightening of the Federal Reserve.1. Tesla is intertwined with the global economy - and the global economy is likely to decelerate materially.With all the qualitative and quantitative arguments in mind, Tesla still generates the vast majority of its revenue from the traditional automotive sector. In Q3/2022 the company had 87 % of its revenue originating from sales, regulatory credits, and leasing. A mere $ 2,762 B originated from alternative revenue streams, such as Energy generation, energy storage, and other services. Some of the additional software upgrades for the Tesla models are included in the automotive sales, but they make up only a minor portion of the revenues.While the revenue growth and the trajectory of the profitability cannot be compared to traditional car manufacturers, the dependency on demand for luxury cars remains the same. The automobile industry depends heavily on the balance sheet of the average customer. Generally, consumers will always spend first on consumer staples. If the average balance sheet of consumers is healthy enough, they will start spending on consumer discretionaries. Usually, the balance sheet is healthy if assets appreciate and the cost of credit lessens, i.e., yields decrease. And here's the problem:2. The balance sheet of the average potential customer of Tesla got materially worse.Let’s start with America, where most Tesla cars get sold: During 2022, the 60/40 portfolio got hit hard because the inverse correlation of bonds and stocks started to reverse because of inflation. The housing market hasn't sold off at similar levels in 2022. But as long as mortgage rates stay this elevated, the optimistic case for 2023 is an illiquid market with sideways price action because the average homeowner is reluctant to sell at a lower price, and buyers can’t afford today's rates coupled with yesterday’s prices. Either rates or prices have to go down (assuming a liquid market). Additionally, there’s less money left after buying all the consumer staples needed in everyday life because of high consumer price inflation. However, the rising US Dollar cushions the financial impact on American consumers partially.The luxury car demand in Europe is likely to get eroded. Europeans face not only the same (or worse) pain in terms of asset prices. But also much worse consumer price inflation due to the Energy and Food situation. The decline of the Euro in recent months adds additional fuel to the fire. Europeans don’t enjoy the privilege of earning their wages in the global reserve currency.I think it's almost guaranteed that the revenue of Tesla cannot grow at the previous pace. I believe the market is still way too optimistic about the future, given the rich valuation multiples of Tesla.In my opinion, the revenues will not only exit the previous trendline, but the expenses of Tesla may rise materially too. Rising energy prices should burden the margins of Tesla while preventing potential customers from buying their luxury product. If consumer price inflation stays sticky, wage increases may burden Tesla too, in 2023. However, with the current macroeconomic headwinds, I can imagine sharp disinflation during H1/2023. To my belief, that disinflation will not be constructive for asset prices because the reason for inflation receding will most likely be demand destruction.3. Tesla is as overvalued as it was a year ago.Almost every stock is a buy at some price, and Tesla’s stock price fell from $400 to $230. But I think the stock is nowhere near a buy. Investors have to ask themselves what they are getting when buying shares of a company. Either it’s cash flow in the form of dividends, or its cash flow that is being reinvested in the company in order to grow revenues and raise the profitability of the future. Clearly, with Tesla investors don’t get any dividends, so they are betting on future cashflows.The cash flows of the future are discounted by the risk-free rate plus a risk premium. The risk premium rose as the economy is expected to slow down in the future, and investors are getting increasingly risk intolerant. The risk-free rate has increased already since the Federal Reserve hiked rates rather fast. I believe most of the sharp decline of Tesla’s share price originates from the elevated discount rates. So this is all baked in.What I believe to not be priced in by the markets yet, are the expectations of lower future cashflows due to a slower-growing revenue trend and rising expenses, therefore decreasing future margins. With a 50+ PE/FWD ratio and PS/FWD of 8.5 the shares of Tesla are priced for perfection (FWDs are already at lofty levels). This leaves little upside to Tesla’s share price originating from operating performance. However, if the expectations of future cashflows worsen, the stock price of Tesla should deteriorate further. I believe that the 45% drawdown was almost exclusively because of the change in the underlying discount rate and not because of changes in future cash flow expectations.4. The upside for Tesla is a Federal Reserve pivotGiven that the valuation of Tesla is still at a ridiculously high level, my belief is that the upside for Tesla shares is that financial conditions ease, yields come down from their historic rise in 2022, and the Federal Reserve stops the monetary tightening. Elon Musk and Cathie Wood (ARKK) know this, which is why they are calling out the Federal Reserve for not easing financial conditions. Both of them are only talking their book when they explain how technology is going to make things exponentially cheaper and deflationary, and therefore the Federal Reserve should never hike ever again.I think that the reality is different. In a deglobalizing economy with wars and polarizing world views which originate from a slowly receding single global superpower, inflation is very likely to be higher for a prolonged period of time.Almost certainly, the Federal Reserve will pivot at some point in the future. I think there's no question about it. But the prerequisites for a pivot are either that inflation comes down materially or that something breaks. I think the most likely scenario is that both happens: Inflation decreases because of the demand destruction caused by a global recession. The problem for Tesla is that this scenario would likely be negative for the share price at first. If the global economy enters a recession in 2023, then the demand for luxury cars is likely going to dwindle, expectations of future cash flows should decrease materially, and the share price of Tesla could significantly fall because of it. To my belief, it is only after the monetary easing that the share price of Tesla can recover. Likely from a permanently lower base.The risk of shorting Tesla from here is that the soft landing scenario proposed by the Federal Reserve happens. In such a scenario, the economy would be able to withstand much higher rates for longer than most market participants currently expect. Slight demand destruction would remove the tightness in the labor market so prices could stabilize at a lower inflation rate, but the economy wouldn't face a harsh recession. If a soft landing materializes, the Federal Reserve could stimulate earlier via monetary easing, and the share price of Tesla could appreciate further. Although I believe the chances of a soft landing scenario get smaller day by day, it's still a possible outcome.From a company development perspective, the risk remains that Tesla could outperform even the current lofty expectations. For example, government subsidies for ecological car purchases could spur demand for Tesla cars and drive the stock price higher. The risk of shorting any stock remains that the mathematical upside is limited, but the potential downside is unlimited. During a bear market, in particular, violent bear market rallies (e.g. June 2022) can cause huge losses in a short period of time even though the general direction remains downwards. Therefore I am warning investors of sizing their positions and try to time entry and exit points accordingly.All in all, Tesla reminds me of Intel (INTC) during the 2000 dot-com bubble. Back then, Intel was a great company with good products. The problem was that the stock was incredibly overvalued. After the bubble popped, Intel continued its business with success but the stock price never reached the previous high.Why Tesla Bulls shouldn’t be excited by this Bear market rallyAt the start of writing this article (Oct. 20), many indicators pointed towards a local bottom. Since then, the S&P500 (SPX) rose ~ 5-6%. In case of a dovish surprise from the Federal Reserve today, the market could rally violently, and Tesla shares would profit massively. However, Tesla bulls should be careful as I do not believe that the (continuing?) rally will prove to be a permanent bottom, but rather a local one. I think that only if the economy enters a recession, the expectations of Tesla's future cashflows get adjusted, the share price corrects to a reasonable valuation, and the Federal Reserve pivots, it’s time to buy the dip. That time could still be several years ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988584324,"gmtCreate":1666789107668,"gmtModify":1676537806278,"author":{"id":"4100846039177430","authorId":"4100846039177430","name":"dfjh","avatar":"https://community-static.tradeup.com/news/3e10d7fa49b431ab72328145969bcc06","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4100846039177430","authorIdStr":"4100846039177430"},"themes":[],"htmlText":"can someone assist... isit a buy or not","listText":"can someone assist... isit a buy or not","text":"can someone assist... isit a buy or not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988584324","repostId":"2278482762","repostType":2,"repost":{"id":"2278482762","pubTimestamp":1666784967,"share":"https://ttm.financial/m/news/2278482762?lang=&edition=fundamental","pubTime":"2022-10-26 19:49","market":"us","language":"en","title":"The Biggest Bombshell in Tesla's Earnings Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2278482762","media":"Motley Fool","summary":"Tesla is making big changes to its inventory management, and that may point to challenges in the business.","content":"<html><head></head><body><p>The market hasn&#39;t been particularly happy with <b>Tesla&#39;s</b> third-quarter 2022 earnings report, released last week. The company continued to grow, but margins were down, and results didn&#39;t meet analyst expectations. That situation generally leads to a falling stock price.</p><p>What stuck out in the report was a long discussion about Tesla&#39;s inventory and how it&#39;s changing delivery practices in the future. Management acknowledged that they&#39;ve been rushing deliveries at the end of the quarter to maximize revenue and earnings, which has hidden some of the inventory building during the quarter. As that will change in the future, some red flags are emerging.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e1f183d2da6094a52c83e265bc1f2be\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Tesla.</span></p><h2>An earnings report full of red flags</h2><p>Last week, I highlighted that inventory challenges are one thing investors need to watch out for during this earnings season. Rising inventory and falling margins could indicate trouble, particularly for manufacturing companies. I noticed three red flags in Tesla&#39;s earnings report, all related to inventory.</p><ul><li><b>First Red Flag:</b> Inventory at Tesla is rising quickly. It was $10.3 billion in the third quarter of 2022, up from $8.1 billion a quarter ago and $5.2 billion a year ago.</li><li><b>Second Red Flag:</b> Tesla&#39;s gross margin fell from 30.5% a year ago to 27.9% in the third quarter of 2022. Falling margins are a sign that companies don&#39;t have pricing power, and when combined with rising inventories, it&#39;s a potential problem for the entire auto industry.</li><li><b>Third Red Flag:</b> Tesla openly admitted it has been managing the balance sheet to quarterly results and will stop doing so, explicitly telling investors that inventory will rise sharply as a result.</li></ul><p>In isolation, none of these trends are worth being worried about. But together they are a concern for a manufacturing company. And if a recession is indeed on the horizon, conditions could get a lot worse before they get better.</p><h2>Tesla&#39;s inventory saga</h2><p>There&#39;s long been speculation that Tesla played games with inventory to make its numbers look good each quarter. But this earnings report outlined the lengths the company goes to deliver as much inventory as possible right before the end of the quarter. This means that Tesla has been managing its balance sheet to look artificially better at quarter-end than at any other point in the quarter.</p><p>CFO Zachary Kirkhorn said on the quarterly conference call, &#34;roughly two-thirds of our Q3 deliveries occurred in September and one-third in the final two weeks.&#34;</p><p>To put that into perspective, this means that $7.2 billion of revenue was generated in the final two weeks of the quarter. Assuming deliveries, revenue, and cash paid for products happened at the same time, Tesla had closer to $13.9 billion in cash on Sept. 23, 2022, as opposed to the $21.1 billion in cash reported on Sept. 20, 2022. Cash at the end of August may have been under $10 billion, based on the amount of inventory that would have been built up.</p><p>What impact will a smoothing out of deliveries have on the balance sheet? The figure below was in the Q3 2022 earnings letter, and while it doesn&#39;t have a scale on the y-axis, we can infer that Tesla will have a higher level of inventory in the future than it does today.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0ff4b0db61d9921c3382d632897a38d3\" tg-width=\"700\" tg-height=\"530\" width=\"100%\" height=\"auto\"/><span>Image source: Tesla.</span></p><p>No matter how you look at it, Tesla is telling investors that it will have higher reported inventory at the end of the quarter in future quarters. That likely means less cash on the balance sheet, which was always one of the selling points for Tesla stock.</p><h2>Why inventory could be a reason for concern</h2><p>There are three main reasons to worry about inventory at any company:</p><ol><li>Increasing inventory pulls assets from other parts of the business. <i>Potential impact:</i> Less cash.</li><li>Rising inventory can indicate demand does not match supply, and discounting may be necessary to move inventory through the supply chain. <i>Potential impact:</i> Lower margins.</li><li>Tesla still expects to grow about 50% per year, but rising inventory and falling margins indicate there may not be the demand for that kind of growth from consumers. <i>Potential impact:</i> Slower growth.</li></ol><p>We already see No. 1 and No. 2 happening today, and Tesla is telling us inventory will continue to increase. If margins continue to fall, that could mean not only profits but growth are the next shoes to drop.</p><p>Tesla benefited from the auto industry&#39;s slow adoption of electric vehicles, the chip shortage, and a better business model for years, but the competition may be catching up just as a global economic slowdown hits demand for expensive vehicles. These are choppy waters Tesla hasn&#39;t navigated before, and that&#39;s why Tesla&#39;s inventory revelations were such a shock.</p><p>Over the next few quarters, we&#39;ll find out if these red flags become bigger problems for Tesla.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Biggest Bombshell in Tesla's Earnings Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Biggest Bombshell in Tesla's Earnings Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 19:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/25/the-biggest-bombshell-in-tesla-earnings-report/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The market hasn't been particularly happy with Tesla's third-quarter 2022 earnings report, released last week. The company continued to grow, but margins were down, and results didn't meet analyst ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/25/the-biggest-bombshell-in-tesla-earnings-report/\">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.fool.com/investing/2022/10/25/the-biggest-bombshell-in-tesla-earnings-report/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2278482762","content_text":"The market hasn't been particularly happy with Tesla's third-quarter 2022 earnings report, released last week. The company continued to grow, but margins were down, and results didn't meet analyst expectations. That situation generally leads to a falling stock price.What stuck out in the report was a long discussion about Tesla's inventory and how it's changing delivery practices in the future. Management acknowledged that they've been rushing deliveries at the end of the quarter to maximize revenue and earnings, which has hidden some of the inventory building during the quarter. As that will change in the future, some red flags are emerging.Image source: Tesla.An earnings report full of red flagsLast week, I highlighted that inventory challenges are one thing investors need to watch out for during this earnings season. Rising inventory and falling margins could indicate trouble, particularly for manufacturing companies. I noticed three red flags in Tesla's earnings report, all related to inventory.First Red Flag: Inventory at Tesla is rising quickly. It was $10.3 billion in the third quarter of 2022, up from $8.1 billion a quarter ago and $5.2 billion a year ago.Second Red Flag: Tesla's gross margin fell from 30.5% a year ago to 27.9% in the third quarter of 2022. Falling margins are a sign that companies don't have pricing power, and when combined with rising inventories, it's a potential problem for the entire auto industry.Third Red Flag: Tesla openly admitted it has been managing the balance sheet to quarterly results and will stop doing so, explicitly telling investors that inventory will rise sharply as a result.In isolation, none of these trends are worth being worried about. But together they are a concern for a manufacturing company. And if a recession is indeed on the horizon, conditions could get a lot worse before they get better.Tesla's inventory sagaThere's long been speculation that Tesla played games with inventory to make its numbers look good each quarter. But this earnings report outlined the lengths the company goes to deliver as much inventory as possible right before the end of the quarter. This means that Tesla has been managing its balance sheet to look artificially better at quarter-end than at any other point in the quarter.CFO Zachary Kirkhorn said on the quarterly conference call, \"roughly two-thirds of our Q3 deliveries occurred in September and one-third in the final two weeks.\"To put that into perspective, this means that $7.2 billion of revenue was generated in the final two weeks of the quarter. Assuming deliveries, revenue, and cash paid for products happened at the same time, Tesla had closer to $13.9 billion in cash on Sept. 23, 2022, as opposed to the $21.1 billion in cash reported on Sept. 20, 2022. Cash at the end of August may have been under $10 billion, based on the amount of inventory that would have been built up.What impact will a smoothing out of deliveries have on the balance sheet? The figure below was in the Q3 2022 earnings letter, and while it doesn't have a scale on the y-axis, we can infer that Tesla will have a higher level of inventory in the future than it does today.Image source: Tesla.No matter how you look at it, Tesla is telling investors that it will have higher reported inventory at the end of the quarter in future quarters. That likely means less cash on the balance sheet, which was always one of the selling points for Tesla stock.Why inventory could be a reason for concernThere are three main reasons to worry about inventory at any company:Increasing inventory pulls assets from other parts of the business. Potential impact: Less cash.Rising inventory can indicate demand does not match supply, and discounting may be necessary to move inventory through the supply chain. Potential impact: Lower margins.Tesla still expects to grow about 50% per year, but rising inventory and falling margins indicate there may not be the demand for that kind of growth from consumers. Potential impact: Slower growth.We already see No. 1 and No. 2 happening today, and Tesla is telling us inventory will continue to increase. If margins continue to fall, that could mean not only profits but growth are the next shoes to drop.Tesla benefited from the auto industry's slow adoption of electric vehicles, the chip shortage, and a better business model for years, but the competition may be catching up just as a global economic slowdown hits demand for expensive vehicles. These are choppy waters Tesla hasn't navigated before, and that's why Tesla's inventory revelations were such a shock.Over the next few quarters, we'll find out if these red flags become bigger problems for Tesla.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915362175,"gmtCreate":1664961851697,"gmtModify":1676537536284,"author":{"id":"4100846039177430","authorId":"4100846039177430","name":"dfjh","avatar":"https://community-static.tradeup.com/news/3e10d7fa49b431ab72328145969bcc06","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4100846039177430","authorIdStr":"4100846039177430"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9915362175","repostId":"2273589926","repostType":2,"repost":{"id":"2273589926","pubTimestamp":1664961353,"share":"https://ttm.financial/m/news/2273589926?lang=&edition=fundamental","pubTime":"2022-10-05 17:15","market":"us","language":"en","title":"Musk’s Everything App \"X\" Sounds a Lot Like China’s WeChat","url":"https://stock-news.laohu8.com/highlight/detail?id=2273589926","media":"Bloomberg","summary":"The billionaire has said he wants to make Twitter more usefulMusk has previously mused about his own","content":"<html><head></head><body><ul><li>The billionaire has said he wants to make Twitter more useful</li><li>Musk has previously mused about his own WeChat analog</li></ul><p>Elon Musk has teased something called “X, the everything app” after he buys Twitter Inc. Based on the billionaire’s past comments, that service could look a lot like Chinese super-app WeChat.</p><p>Musk didn’t provide many details beyond a one-linetweet. But the Tesla Inc. impresario has openly admired the Tencent Holdings Ltd.app that’s grown from a messaging service to a mini-internet used daily by more than a billion Chinese.</p><p>He’s mused aloud about making Twitter more useful, indicating he wants it to be more like WeChat and TikTok, the video-sharing service owned by ByteDance Ltd. that’s taken off across the US. And he’s drawn parallels to so-called super apps common in parts of Asia, letting people use a single smartphone application for a range of services from communications to summoning a car.</p><p><img src=\"https://static.tigerbbs.com/523991b571000872b612f48cd751fde7\" tg-width=\"830\" tg-height=\"379\" width=\"100%\" height=\"auto\"/></p><p>Here’re five things about WeChat that could serve as a template for Musk:</p><ul><li><b>It’s much more than social media</b>. A true super-app, hundreds of millions use WeChat daily to book rides, make dining reservations, order food. That’s possible through a vibrant network of “mini programs” or lite apps that connect directly to WeChat’s interface.</li><li><b>WeChat is a fintech titan</b>, one of China’s biggest payments and online finance networks. Users send each other money, pay for goods and services, and even borrow money.</li><li>It’s one of the country’s most popular <b>news and entertainment</b> portals. As in the US, many younger users increasingly get much of their news through their social media feeds, just even more so in China.</li><li><b>Businesses</b>use it too. The WeChat mini-programseconomyis worth roughly $240 billion andgrewabout 12.5% to 450 million users in 2021.</li><li>In short, WeChat functions as an <b>all-in-one</b> service -- combining the uses of apps like Facebook, Twitter, Uber, Instagram and Substack.</li></ul><p>At Tesla’s annual shareholder meeting in August, Musk stressed that he uses Twitter a lot and that he has ideas on ways to make the platform “radically better.” He compared his ambitions for Twitter with the vision he had for X, a financial services company he co-founded in 1999.</p><p>There’s one thing though that Musk -- an advocate for internet freedoms -- is unlikely to take a page from. WeChat is heavily monitored and censored.</p></body></html>","source":"lsy1584095487587","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>Musk’s Everything App \"X\" Sounds a Lot Like China’s WeChat</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\">\nMusk’s Everything App \"X\" Sounds a Lot Like China’s WeChat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-05 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-04/musk-says-buying-twitter-speeds-up-creating-an-everything-app?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The billionaire has said he wants to make Twitter more usefulMusk has previously mused about his own WeChat analogElon Musk has teased something called “X, the everything app” after he buys Twitter ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-04/musk-says-buying-twitter-speeds-up-creating-an-everything-app?srnd=premium\">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","TWTR":"Twitter","00700":"腾讯控股"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-04/musk-says-buying-twitter-speeds-up-creating-an-everything-app?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273589926","content_text":"The billionaire has said he wants to make Twitter more usefulMusk has previously mused about his own WeChat analogElon Musk has teased something called “X, the everything app” after he buys Twitter Inc. Based on the billionaire’s past comments, that service could look a lot like Chinese super-app WeChat.Musk didn’t provide many details beyond a one-linetweet. But the Tesla Inc. impresario has openly admired the Tencent Holdings Ltd.app that’s grown from a messaging service to a mini-internet used daily by more than a billion Chinese.He’s mused aloud about making Twitter more useful, indicating he wants it to be more like WeChat and TikTok, the video-sharing service owned by ByteDance Ltd. that’s taken off across the US. And he’s drawn parallels to so-called super apps common in parts of Asia, letting people use a single smartphone application for a range of services from communications to summoning a car.Here’re five things about WeChat that could serve as a template for Musk:It’s much more than social media. A true super-app, hundreds of millions use WeChat daily to book rides, make dining reservations, order food. That’s possible through a vibrant network of “mini programs” or lite apps that connect directly to WeChat’s interface.WeChat is a fintech titan, one of China’s biggest payments and online finance networks. Users send each other money, pay for goods and services, and even borrow money.It’s one of the country’s most popular news and entertainment portals. As in the US, many younger users increasingly get much of their news through their social media feeds, just even more so in China.Businessesuse it too. The WeChat mini-programseconomyis worth roughly $240 billion andgrewabout 12.5% to 450 million users in 2021.In short, WeChat functions as an all-in-one service -- combining the uses of apps like Facebook, Twitter, Uber, Instagram and Substack.At Tesla’s annual shareholder meeting in August, Musk stressed that he uses Twitter a lot and that he has ideas on ways to make the platform “radically better.” He compared his ambitions for Twitter with the vision he had for X, a financial services company he co-founded in 1999.There’s one thing though that Musk -- an advocate for internet freedoms -- is unlikely to take a page from. WeChat is heavily monitored and censored.","news_type":1},"isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937619476,"gmtCreate":1663417192495,"gmtModify":1676537267829,"author":{"id":"4100846039177430","authorId":"4100846039177430","name":"dfjh","avatar":"https://community-static.tradeup.com/news/3e10d7fa49b431ab72328145969bcc06","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4100846039177430","authorIdStr":"4100846039177430"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9937619476","repostId":"2267698524","repostType":2,"repost":{"id":"2267698524","pubTimestamp":1663373406,"share":"https://ttm.financial/m/news/2267698524?lang=&edition=fundamental","pubTime":"2022-09-17 08:10","market":"us","language":"en","title":"5 Warren Buffett Stocks to Buy and Never Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=2267698524","media":"Motley Fool","summary":"These highly profitable companies offer sustainable competitive advantages that make them no-brainer buys.","content":"<html><head></head><body><p>When <b>Berkshire Hathaway</b> CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That&#39;s because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613% for his Class A shareholders (BRK.A) since taking the reins of Berkshire Hathaway more than 57 years ago.</p><p>Considering Buffett&#39;s penchant for buying high-quality stocks and hanging onto them for the long run, riding the Oracle of Omaha&#39;s coattails has proven quite profitable for decades. It&#39;s an especially smart time for investors to go shopping for Buffett stocks, with the <b>S&amp;P 500</b> and <b>Nasdaq Composite</b> plunging into a bear market.</p><p>What follows are five Warren Buffett stocks investors can confidently buy right now and never have to sell.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dff3932ab34c4852ce5e15e7b312f41\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p><h2>Amazon</h2><p>The first Buffett stock that can be bought without investors losing any sleep is e-commerce leader <b>Amazon</b>. Although Amazon&#39;s leading online marketplace is susceptible to weakness during recessions, this top revenue segment isn&#39;t the key to the company potentially tripling its operating cash flow over the next four years.</p><p>Even though Amazon is estimated to bring in nearly 40% of all U.S. online retail sales in 2022, it&#39;s the company&#39;s higher-margin ancillary operating segments that are driving its profitability and cash flow. For example, the popularity of Amazon&#39;s marketplace has helped the company sign up more than 200 million Prime members worldwide. Amazon is bringing in approximately $35 billion in annual run-rate sales from subscription services, which is allowing it to reinvest in its vast logistics network and other high-growth initiatives.</p><p>The other heavy-hitter is cloud infrastructure services segment Amazon Web Services (AWS). According to a recent report from Canalys, AWS brought in an estimated 31% of cloud-service spending during the second quarter. Even though AWS only accounts for a sixth of Amazon&#39;s net sales, it&#39;s been consistently producing more than half of the company&#39;s operating income. With cloud growth still in its early innings and AWS growing into a larger percentage of Amazon&#39;s total sales, the company looks cheaper than ever, relative to its future cash flow-generating potential.</p><h2>Visa</h2><p>The second Warren Buffett stock investors can buy and never have to consider selling is payment processor <b>Visa</b>. Despite being cyclical, Visa&#39;s sustainable competitive advantages make it a no-brainer stock to hold for the long term.</p><p>To begin with, Visa accounted for a whopping 54% of U.S. credit card network purchase volume in 2020. The U.S. is the leading market for consumption in the world, and Visa holds a 31-percentage-point lead over its next-closest competitor. To boot, it&#39;s the only payment processor that significantly expanded its share of the U.S. processing market following the Great Recession (2007-2009).</p><p>To add to the above, the vast majority of global transactions are still being conducted with cash. This should give Visa ample opportunity to organically expand into underbanked markets, such as the Middle East, Africa, and Southeastern Asia, and to make acquisitions to further its reach.</p><p>It&#39;s also worth noting that Visa doesn&#39;t act as a lender. By only focusing on payment processing, Visa doesn&#39;t have to worry about possible loan delinquencies, and therefore isn&#39;t required to set aside capital to cover potential loan losses. This is a big reason why Visa&#39;s profit margin is usually at or above 50%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/119223042d623151afc6d0a8e0774989\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>The GMC Hummer EV is one of 30 electric vehicles GM is releasing by the end of 2025. Image source: General Motors.</span></p><h2>General Motors</h2><p>A third Warren Buffett stock to buy and never sell is Detroit auto giant <b>General Motors</b>. Though economic weakness and historically high inflation threaten to sap auto sales in the short run, the long-awaited growth catalyst for General Motors has arrived.</p><p>The electrification of autos for consumers and enterprise fleets is the multidecade opportunity the auto industry has been waiting for. With most developed countries angling to reduce their carbon footprints, electric vehicles (EVs) are viewed as a sustainable growth story.</p><p>General Motors intends to spend $35 billion on EVs, autonomous vehicles, and battery research through the midpoint of the decade. The expectation, according to CEO Mary Barra, is for GM to roll out 30 new EVs by the end of 2025. The company should have two fully devoted battery plants up and running by the end of next year, with over 1 million EVs produced annually in North America in 2025.</p><p>What&#39;s more, GM has a sizable presence in China, the world&#39;s No. 1 auto market. General Motors has sold 2.9 million vehicles in back-to-back years in China, and should have the opportunity to gobble up market share in China&#39;s still-nascent EV industry.</p><h2>Bank of America</h2><p>The fourth Warren Buffett stock that can be bought hand over fist and never sold is financial juggernaut <b>Bank of America</b>. To keep with the prevailing theme of this list, short-term recessionary concerns should take a back seat to BofA&#39;s numerous long-term advantages.</p><p>The beauty of bank stocks is that they benefit from the natural expansion of the U.S. economy. The disproportionate amount of time the economy spends expanding, relative to contracting, allows Bank of America to grow its loan portfolio and deposits, which boosts its net-interest income over the long run.</p><p>Something else worth noting about Bank of America is that it&#39;s the most interest-sensitive money-center bank. With the Federal Reserve aggressively hiking interest rates in order to tame inflation, outstanding variable-rate loans are becoming more profitable for banks and credit unions without them having to lift a proverbial finger. Since the federal funds target rate is coming off an extended period where it was effectively at 0%, the implication is that BofA can expect a sizable uptick in net-interest income in the years ahead.</p><p>This is also a company that&#39;s done a phenomenal job of encouraging its customers to bank digitally. As of the end of June, 43 million active users were banking online or via mobile, with 48% of all sales being completed digitally.  Because digital transactions are considerably cheaper than in-person and phone interactions for banks, this digital push has allowed BofA to consolidate some of its physical branches and reduce its noninterest expenses.</p><h2>Berkshire Hathaway</h2><p>The fifth and final Warren Buffett stock you can buy and never sell is (cue ironic music) ...Berkshire Hathaway. Over the past four years, there&#39;s no stock Warren Buffett has spent more money buying than his own company.</p><p>What makes Berkshire Hathaway such a rock-solid performer is Buffett&#39;s affinity for cyclical businesses and his love of dividend stocks.</p><p>As I&#39;ve pointed to throughout this list, cyclical companies benefit from the substantially longer amount of time the U.S. and global economy spend expanding. Instead of trying to guess when these economic downturns will occur, Buffett has packed Berkshire Hathaway&#39;s investment portfolio with companies that thrive off the natural growth of U.S. and global gross domestic product over time. Tech stocks, financials (banks, insurers, and payment processors), and energy stocks (oil companies) all benefit immensely from extended bull markets.</p><p>Additionally, Berkshire Hathaway is on track to collect approximately $6.07 billion in dividend income over the next 12 months. Income stocks are usually profitable, have navigated their way through prior recessions, and offer an extensive history of outperformance when compared to their non-paying peers.</p><p>With Warren Buffett overseeing a 20.1% average annual return for his company&#39;s Class A shares over the past 57 years (ended Dec. 31, 2021), investors probably can&#39;t go wrong adding Berkshire Hathaway to their own portfolios.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Warren Buffett Stocks to Buy and Never Sell</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\">\n5 Warren Buffett Stocks to Buy and Never Sell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Berkshire Hathaway CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That's because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613%...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","V":"Visa","BAC":"美国银行","AMZN":"亚马逊","GM":"通用汽车","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267698524","content_text":"When Berkshire Hathaway CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That's because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613% for his Class A shareholders (BRK.A) since taking the reins of Berkshire Hathaway more than 57 years ago.Considering Buffett's penchant for buying high-quality stocks and hanging onto them for the long run, riding the Oracle of Omaha's coattails has proven quite profitable for decades. It's an especially smart time for investors to go shopping for Buffett stocks, with the S&P 500 and Nasdaq Composite plunging into a bear market.What follows are five Warren Buffett stocks investors can confidently buy right now and never have to sell.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.AmazonThe first Buffett stock that can be bought without investors losing any sleep is e-commerce leader Amazon. Although Amazon's leading online marketplace is susceptible to weakness during recessions, this top revenue segment isn't the key to the company potentially tripling its operating cash flow over the next four years.Even though Amazon is estimated to bring in nearly 40% of all U.S. online retail sales in 2022, it's the company's higher-margin ancillary operating segments that are driving its profitability and cash flow. For example, the popularity of Amazon's marketplace has helped the company sign up more than 200 million Prime members worldwide. Amazon is bringing in approximately $35 billion in annual run-rate sales from subscription services, which is allowing it to reinvest in its vast logistics network and other high-growth initiatives.The other heavy-hitter is cloud infrastructure services segment Amazon Web Services (AWS). According to a recent report from Canalys, AWS brought in an estimated 31% of cloud-service spending during the second quarter. Even though AWS only accounts for a sixth of Amazon's net sales, it's been consistently producing more than half of the company's operating income. With cloud growth still in its early innings and AWS growing into a larger percentage of Amazon's total sales, the company looks cheaper than ever, relative to its future cash flow-generating potential.VisaThe second Warren Buffett stock investors can buy and never have to consider selling is payment processor Visa. Despite being cyclical, Visa's sustainable competitive advantages make it a no-brainer stock to hold for the long term.To begin with, Visa accounted for a whopping 54% of U.S. credit card network purchase volume in 2020. The U.S. is the leading market for consumption in the world, and Visa holds a 31-percentage-point lead over its next-closest competitor. To boot, it's the only payment processor that significantly expanded its share of the U.S. processing market following the Great Recession (2007-2009).To add to the above, the vast majority of global transactions are still being conducted with cash. This should give Visa ample opportunity to organically expand into underbanked markets, such as the Middle East, Africa, and Southeastern Asia, and to make acquisitions to further its reach.It's also worth noting that Visa doesn't act as a lender. By only focusing on payment processing, Visa doesn't have to worry about possible loan delinquencies, and therefore isn't required to set aside capital to cover potential loan losses. This is a big reason why Visa's profit margin is usually at or above 50%.The GMC Hummer EV is one of 30 electric vehicles GM is releasing by the end of 2025. Image source: General Motors.General MotorsA third Warren Buffett stock to buy and never sell is Detroit auto giant General Motors. Though economic weakness and historically high inflation threaten to sap auto sales in the short run, the long-awaited growth catalyst for General Motors has arrived.The electrification of autos for consumers and enterprise fleets is the multidecade opportunity the auto industry has been waiting for. With most developed countries angling to reduce their carbon footprints, electric vehicles (EVs) are viewed as a sustainable growth story.General Motors intends to spend $35 billion on EVs, autonomous vehicles, and battery research through the midpoint of the decade. The expectation, according to CEO Mary Barra, is for GM to roll out 30 new EVs by the end of 2025. The company should have two fully devoted battery plants up and running by the end of next year, with over 1 million EVs produced annually in North America in 2025.What's more, GM has a sizable presence in China, the world's No. 1 auto market. General Motors has sold 2.9 million vehicles in back-to-back years in China, and should have the opportunity to gobble up market share in China's still-nascent EV industry.Bank of AmericaThe fourth Warren Buffett stock that can be bought hand over fist and never sold is financial juggernaut Bank of America. To keep with the prevailing theme of this list, short-term recessionary concerns should take a back seat to BofA's numerous long-term advantages.The beauty of bank stocks is that they benefit from the natural expansion of the U.S. economy. The disproportionate amount of time the economy spends expanding, relative to contracting, allows Bank of America to grow its loan portfolio and deposits, which boosts its net-interest income over the long run.Something else worth noting about Bank of America is that it's the most interest-sensitive money-center bank. With the Federal Reserve aggressively hiking interest rates in order to tame inflation, outstanding variable-rate loans are becoming more profitable for banks and credit unions without them having to lift a proverbial finger. Since the federal funds target rate is coming off an extended period where it was effectively at 0%, the implication is that BofA can expect a sizable uptick in net-interest income in the years ahead.This is also a company that's done a phenomenal job of encouraging its customers to bank digitally. As of the end of June, 43 million active users were banking online or via mobile, with 48% of all sales being completed digitally.  Because digital transactions are considerably cheaper than in-person and phone interactions for banks, this digital push has allowed BofA to consolidate some of its physical branches and reduce its noninterest expenses.Berkshire HathawayThe fifth and final Warren Buffett stock you can buy and never sell is (cue ironic music) ...Berkshire Hathaway. Over the past four years, there's no stock Warren Buffett has spent more money buying than his own company.What makes Berkshire Hathaway such a rock-solid performer is Buffett's affinity for cyclical businesses and his love of dividend stocks.As I've pointed to throughout this list, cyclical companies benefit from the substantially longer amount of time the U.S. and global economy spend expanding. Instead of trying to guess when these economic downturns will occur, Buffett has packed Berkshire Hathaway's investment portfolio with companies that thrive off the natural growth of U.S. and global gross domestic product over time. Tech stocks, financials (banks, insurers, and payment processors), and energy stocks (oil companies) all benefit immensely from extended bull markets.Additionally, Berkshire Hathaway is on track to collect approximately $6.07 billion in dividend income over the next 12 months. Income stocks are usually profitable, have navigated their way through prior recessions, and offer an extensive history of outperformance when compared to their non-paying peers.With Warren Buffett overseeing a 20.1% average annual return for his company's Class A shares over the past 57 years (ended Dec. 31, 2021), investors probably can't go wrong adding Berkshire Hathaway to their own portfolios.","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906648179,"gmtCreate":1659539943893,"gmtModify":1705981405430,"author":{"id":"4100846039177430","authorId":"4100846039177430","name":"dfjh","avatar":"https://community-static.tradeup.com/news/3e10d7fa49b431ab72328145969bcc06","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4100846039177430","authorIdStr":"4100846039177430"},"themes":[],"htmlText":"LIKE!!!","listText":"LIKE!!!","text":"LIKE!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906648179","repostId":"1107267030","repostType":2,"repost":{"id":"1107267030","pubTimestamp":1659538665,"share":"https://ttm.financial/m/news/1107267030?lang=&edition=fundamental","pubTime":"2022-08-03 22:57","market":"us","language":"en","title":"BYD’s July New Energy Vehicle Sales More Than Triple to Record","url":"https://stock-news.laohu8.com/highlight/detail?id=1107267030","media":"Bloomberg","summary":"Chinese electric-car maker BYD Co. extended its lead over rivals in July, with sales of its new ener","content":"<html><head></head><body><p>Chinese electric-car maker BYD Co. extended its lead over rivals in July, with sales of its new energy vehicles more than tripling to a record.</p><p>The company, backed by Warren Buffett’s Berkshire Hathaway Inc., sold 162,530 units last month compared with 50,492 a year ago. Earlier this week, BYD signed agreements to start selling its electric vehicles in the coming months in Germany, Sweden andIsraelas it extends its footprint beyond China.</p><p>Analysts have said they expect BYD to sell 1.5 million vehicles this year, doubling from 2021, as more customers make the switch to cleaner cars. BYD now only sells pure electric vehicles or hybrids after the Shenzhen-headquartered firm earlier this year stopped producing vehicles running solely on fossil fuels.</p><p>The company has managed to navigate supply-chain disruptions caused by events such as Shanghai’s Covid lockdowns, and said in July that first-half net income could climb as much as 207% to 3.6 billion yuan ($533 million). BYD is due to report second-quarter earnings on Aug. 15.</p><p>BYD shares plunged almost 12% on July 12 after a stake matching the size of Berkshire Hathaway’s 20.49% holding appeared in Hong Kong’s clearing system. They’ve risen 6.5% since then and are up about 8% this year.</p></body></html>","source":"lsy1584095487587","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>BYD’s July New Energy Vehicle Sales More Than Triple to Record</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\">\nBYD’s July New Energy Vehicle Sales More Than Triple to Record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-03 22:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-03/byd-s-july-new-energy-vehicle-sales-more-than-triple-to-record?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese electric-car maker BYD Co. extended its lead over rivals in July, with sales of its new energy vehicles more than tripling to a record.The company, backed by Warren Buffett’s Berkshire ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-03/byd-s-july-new-energy-vehicle-sales-more-than-triple-to-record?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01211":"比亚迪股份","BYDDY":"比亚迪ADR"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-03/byd-s-july-new-energy-vehicle-sales-more-than-triple-to-record?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107267030","content_text":"Chinese electric-car maker BYD Co. extended its lead over rivals in July, with sales of its new energy vehicles more than tripling to a record.The company, backed by Warren Buffett’s Berkshire Hathaway Inc., sold 162,530 units last month compared with 50,492 a year ago. Earlier this week, BYD signed agreements to start selling its electric vehicles in the coming months in Germany, Sweden andIsraelas it extends its footprint beyond China.Analysts have said they expect BYD to sell 1.5 million vehicles this year, doubling from 2021, as more customers make the switch to cleaner cars. BYD now only sells pure electric vehicles or hybrids after the Shenzhen-headquartered firm earlier this year stopped producing vehicles running solely on fossil fuels.The company has managed to navigate supply-chain disruptions caused by events such as Shanghai’s Covid lockdowns, and said in July that first-half net income could climb as much as 207% to 3.6 billion yuan ($533 million). BYD is due to report second-quarter earnings on Aug. 15.BYD shares plunged almost 12% on July 12 after a stake matching the size of Berkshire Hathaway’s 20.49% holding appeared in Hong Kong’s clearing system. They’ve risen 6.5% since then and are up about 8% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903655438,"gmtCreate":1659023433624,"gmtModify":1676536245588,"author":{"id":"4100846039177430","authorId":"4100846039177430","name":"dfjh","avatar":"https://community-static.tradeup.com/news/3e10d7fa49b431ab72328145969bcc06","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4100846039177430","authorIdStr":"4100846039177430"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903655438","repostId":"2254335033","repostType":2,"repost":{"id":"2254335033","pubTimestamp":1658957860,"share":"https://ttm.financial/m/news/2254335033?lang=&edition=fundamental","pubTime":"2022-07-28 05:37","market":"us","language":"en","title":"3 Surefire Growth Stocks Destined to Double in Value","url":"https://stock-news.laohu8.com/highlight/detail?id=2254335033","media":"Motley Fool","summary":"Lessons from 2020 and 2021 should tell you what to do.","content":"<html><head></head><body><p>Remember March 2020? Back then, most people wanted no part of the stock market. COVID-19 had jest been designated a pandemic, travel at all levels was grinding to a halt, and major stock indexes were in a deep dive.</p><p>But those who kept their heads, invested money in a <b>Nasdaq Composite</b> index fund, and patiently waited saw a big reward less than a year later: Their investment had <i>doubled in value</i>. Between March 20, 2020, and Feb. 12, 2021, the index posted a 105% gain.</p><p>Today, opportunities can again be found with the Nasdaq Composite trading down 24% year to date and many individual stocks down much further. There&#39;s no guarantee of a one-year doubling this time around, but there is definitely potential for solid returns. Let&#39;s look at three growth stocks that I think are destined to double from current valuations.</p><h2>1. Snowflake</h2><p><b>Snowflake</b> went public in 2020 and is led by Frank Slootman, who formerly was chairman of enterprise software giant <b>ServiceNow</b>. Snowflake&#39;s signature product is Data Cloud, which helps customers aggregate all of their data in a central location, allowing them to innovate, achieve efficiencies, and gain insights into their business.</p><p>It&#39;s still early days for the company, which has only $1.4 billion in revenue over the last 12 months, but its revenue and customer base are growing rapidly. Fiscal 2023 first-quarter revenue was up 85% year over year; total customers surged to more than 6,000.</p><p>Investors are taking notice. Warren Buffett is a believer; his <b>Berkshire Hathaway </b>owns over 6 million shares of Snowflake, worth around $875 million.</p><p>Analysts expect Snowflake to continue growing for years. According to Wall Street, revenue should rise 66% this year and 53% the following year.</p><p>With a forecast for that much growth, Snowflake stock could easily double its value in the next few years.</p><h2>2. Alphabet</h2><p>There are plenty of reasons to like <b>Alphabet</b> right now, like its attractive price/earnings-to-growth ratio, its recent stock split, and its impressive share of the digital ad market.</p><p>And there&#39;s Alphabet&#39;s tremendous growth rate for a company of its size. Quarterly revenue is up around 20% year over year.</p><p>The company produced $277 billion of revenue over the last 12 months, putting it eighth among U.S. companies, and closing in on <b>ExxonMobil</b>, <b>CVS</b>, and <b>UnitedHealth Group</b>.</p><p>And Wall Street thinks Alphabet can keep the growth going for years to come. Consensus estimates are for revenue increases of 14% annually for the next five years.</p><h2>3. Zoetis</h2><p>My third stock destined to double is <b>Zoetis</b>, a veterinary drugmaker. It produces pharmaceuticals for livestock and companion animals.</p><p>Roughly two-thirds of sales are from its companion-animals segment. Revenue from this part of the business is also growing faster, around 20% year over year.</p><p>The company is well positioned to benefit from the long-term growth of the pet market. <b>Morgan Stanley</b> estimates that overall pet spending in the U.S. will more than double to $275 billion by 2030. With over half (66%) of U.S. households owning a pet, according to Morgan Stanley&#39;s research, and nearly half (47%) of respondents saying that they treat their pets like they treat their child, the amount spent on pet healthcare is certain to rise in the coming years.</p><p>Wall Street expects Zoetis to profit from this trend. The company already has a robust operating margin of 36%, and a solid return on equity of 47%. Analysts anticipate it will grow earnings by 11% annually over the next five years.</p><p>As it rides the tailwinds of increased pet spending, I think Zoetis could easily double over the next five to 10 years.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Surefire Growth Stocks Destined to Double in Value</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Surefire Growth Stocks Destined to Double in Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-28 05:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/27/3-surefire-growth-stocks-destined-to-double/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Remember March 2020? Back then, most people wanted no part of the stock market. COVID-19 had jest been designated a pandemic, travel at all levels was grinding to a halt, and major stock indexes were ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/27/3-surefire-growth-stocks-destined-to-double/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","GOOG":"谷歌","ZTS":"Zoetis Inc.","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/07/27/3-surefire-growth-stocks-destined-to-double/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254335033","content_text":"Remember March 2020? Back then, most people wanted no part of the stock market. COVID-19 had jest been designated a pandemic, travel at all levels was grinding to a halt, and major stock indexes were in a deep dive.But those who kept their heads, invested money in a Nasdaq Composite index fund, and patiently waited saw a big reward less than a year later: Their investment had doubled in value. Between March 20, 2020, and Feb. 12, 2021, the index posted a 105% gain.Today, opportunities can again be found with the Nasdaq Composite trading down 24% year to date and many individual stocks down much further. There's no guarantee of a one-year doubling this time around, but there is definitely potential for solid returns. Let's look at three growth stocks that I think are destined to double from current valuations.1. SnowflakeSnowflake went public in 2020 and is led by Frank Slootman, who formerly was chairman of enterprise software giant ServiceNow. Snowflake's signature product is Data Cloud, which helps customers aggregate all of their data in a central location, allowing them to innovate, achieve efficiencies, and gain insights into their business.It's still early days for the company, which has only $1.4 billion in revenue over the last 12 months, but its revenue and customer base are growing rapidly. Fiscal 2023 first-quarter revenue was up 85% year over year; total customers surged to more than 6,000.Investors are taking notice. Warren Buffett is a believer; his Berkshire Hathaway owns over 6 million shares of Snowflake, worth around $875 million.Analysts expect Snowflake to continue growing for years. According to Wall Street, revenue should rise 66% this year and 53% the following year.With a forecast for that much growth, Snowflake stock could easily double its value in the next few years.2. AlphabetThere are plenty of reasons to like Alphabet right now, like its attractive price/earnings-to-growth ratio, its recent stock split, and its impressive share of the digital ad market.And there's Alphabet's tremendous growth rate for a company of its size. Quarterly revenue is up around 20% year over year.The company produced $277 billion of revenue over the last 12 months, putting it eighth among U.S. companies, and closing in on ExxonMobil, CVS, and UnitedHealth Group.And Wall Street thinks Alphabet can keep the growth going for years to come. Consensus estimates are for revenue increases of 14% annually for the next five years.3. ZoetisMy third stock destined to double is Zoetis, a veterinary drugmaker. It produces pharmaceuticals for livestock and companion animals.Roughly two-thirds of sales are from its companion-animals segment. Revenue from this part of the business is also growing faster, around 20% year over year.The company is well positioned to benefit from the long-term growth of the pet market. Morgan Stanley estimates that overall pet spending in the U.S. will more than double to $275 billion by 2030. With over half (66%) of U.S. households owning a pet, according to Morgan Stanley's research, and nearly half (47%) of respondents saying that they treat their pets like they treat their child, the amount spent on pet healthcare is certain to rise in the coming years.Wall Street expects Zoetis to profit from this trend. The company already has a robust operating margin of 36%, and a solid return on equity of 47%. Analysts anticipate it will grow earnings by 11% annually over the next five years.As it rides the tailwinds of increased pet spending, I think Zoetis could easily double over the next five to 10 years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077389462,"gmtCreate":1658454658156,"gmtModify":1676536161872,"author":{"id":"4100846039177430","authorId":"4100846039177430","name":"dfjh","avatar":"https://community-static.tradeup.com/news/3e10d7fa49b431ab72328145969bcc06","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4100846039177430","authorIdStr":"4100846039177430"},"themes":[],"htmlText":"yeah&nbsp;","listText":"yeah&nbsp;","text":"yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077389462","repostId":"1180606292","repostType":2,"repost":{"id":"1180606292","pubTimestamp":1658451768,"share":"https://ttm.financial/m/news/1180606292?lang=&edition=fundamental","pubTime":"2022-07-22 09:02","market":"us","language":"en","title":"Apple's New iPhone 14 Sales Will Likely Be Disappointing","url":"https://stock-news.laohu8.com/highlight/detail?id=1180606292","media":"Seeking Alpha","summary":"SummaryApple is expected to increase the price of the new iPhone 14 due to inflation.However, I beli","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple is expected to increase the price of the new iPhone 14 due to inflation.</li><li>However, I believe that consumer demand for the discretionary consumer good, iPhone, will likely diminish as a result.</li><li>Further, Apple&#39;s pricey valuation leads me to believe that there is likely more downside risk than upside potential.</li></ul><p><b>Introduction</b></p><p>Inflation and slowing economic growth in recent months have been negatively affecting consumer confidence and sentiments around the world. In times like this, it&#39;s natural for consumers to prolong purchases of discretionary items especially if the discretionary item provides little additional value to their current belongings while commanding higher prices. This is the exact situation Apple (NASDAQ:AAPL) is in today. Because of inflation, the company needs to raise the price of its products; however, I believe consumers will not react positively to this move.</p><p>Inflationary pressures in labor, commodities, and even the supply chain are pressuring the entire world. As such, many analysts expect Apple to raise the prices of its new iPhone 14 line-up. I believe the new pricing increase, which I believe to be necessary for Apple, will result in lackluster sales due to low consumer sentiments and the strong U.S. dollar. Revolutionary upgrades are getting rarer and rarer especially after the new 5G phones were released with the iPhone 12, and cellphones have become another commodity. Therefore, despite Apple&#39;s strong brand power and ecosystem, I believe investors should sell Apple ahead of the likely iPhone price increase.</p><p><b>iPhone 14</b></p><p>Apple will likely increase the price of its iPhone 14 due to inflation.CPI, consumer price index,for June 2022 showed an increase of 9.1% year-over-year, and the PPI, producer price index, for June 2022 showed an 11.6% increase year over year. As such, inflation is being felt by all parties in the economy from producers to consumers likely leading to a price hike in Apple products.</p><p><b>Pricing</b></p><p>Numerous analysts have pointed to a likely price hike on iPhone 14 pro models. iPhone 13 pro and pro max cost $999 and $1099, respectively. The new iPhone 14 pro and pro max is expected to cost $1099 and $1199, respectively, which shows a $100 price increase. The move, as stated above will be to protect the company&#39;s margins. Further, Apple is expected to introduce iPhone 14 Max replacing the $699 mini-series with a price tag of $899. The base model for iPhone 14 is expected to stay at $799.</p><p>The pricing structure is unique. Apple is expected to increase the price of the iPhone for only pro models while maintaining the price of base models, which seems weird since inflation should be impacting all four models. The reasoning behind this move is likely that Apple wanted to maintain the sales volume during low consumer sentiment periods by keeping the base models at the same price. However, to keep its revenues and margins, Apple is expected to increase the price of its pro models and entice more customers to upgrade to the pro models. As such, to convince consumers they wish to purchase an expensive model voluntarily, Apple has focused a plethora of new updates on only the pro models. The pro models will likely be the only models potentially supporting a 120hz display, a new notch design, a titanium frame, and a new a16 bionic chip leaving the base iPhone 14 models with almost no updates.</p><p>Apple is in a bad position. The majority of the consumer who bought the iPhone 13purchased the base model. However, the company is attempting to entice customers to buy the pro models instead of the base model for iPhone 14 with a plethora of upgrades. While this strategy may work, I believe otherwise. I believe the majority of consumers will find upgrading to iPhone 14 base models unnecessary especially in times of low consumer sentiments as it will not feature a new notch design or a new chip. Apple has focused the majority of upgrades on pro models in hopes of enticing customers to buy a more expensive model; however, I believe this move will only diminish the demand for the new base models. Further, I believe there are not enough number of consumers wishing to purchase the pro models to offset slower demand. This was seen in iPhone 13 where the base models accounted for the most sales.</p><p>What If...</p><p>If iPhone 14 base model and iPhone 14 may also receive a price hike of $100to $899 and $999, respectively, then I believe the situation will be even worse for Apple. Consumers buying these models will not only pay $100 more, but they will see a very minimal upgrade from the iPhone 13 models.</p><p><b>Consumer Sentiments and Strong Dollar</b></p><p>Low consumer sentiments in the U.S. and a strong dollar for foreign countries will likely deter a significant portion of consumers from purchasing a new iPhone this year.</p><p>As the chart below shows, U.S. consumer sentiments are in a free fall due to the slowing economic growth and high inflation, which will likely hamper some demand for the pricier iPhone.</p><p><img src=\"https://static.tigerbbs.com/f21c19a3035a5379bd6ee98dc4fcd94d\" tg-width=\"640\" tg-height=\"194\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>St. Louis FED</p><p>A strong dollar relative to other currencies are an even greater risk for Apple. Japan is one of the biggest foreign markets outside of China, and Yen has been showing significant weakness against the dollar. Compared to a year ago, the Japanese Yen&#39;s value against the dollar fell about 25%. As such, Japanese consumers will feel an even greater price increase for the new iPhone compared to the U.S consumer. On top of that, Apple has already increased the price of the existing iPhone 13 in Japan by 19% due to inflation. Further price hikes in the new iPhone 14 model will likely hamper demand, especially during times of higher inflation and lower consumer sentiment.</p><p><b>Historical Valuation</b></p><p>Apple, looking at its historical valuation multiple, is trading at a premium today despite some negative outlooks and lackluster growth expectations. As the chart below shows, Since 2010, Apple has been trading at a 10~20 price-to-earnings ratio compared to today&#39;s 25. Apple, however, is not offering strong growth prospects either. The company is expected to grow at an average of4.07% year-over-year each quarter for the next four quarters. Therefore, considering the premium valuation and negative growth outlook, I believe there are more risk potentials than reward opportunities for Apple today.</p><p><img src=\"https://static.tigerbbs.com/690a95a0f5127e3c47683395735226ca\" tg-width=\"640\" tg-height=\"155\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Macrotrends</p><p><b>Risk to Thesis</b></p><p>There is a reason why Apple is one of the most valuable companies in the world. The company successfully created an ecosystem of both hardware and software products that continue to expand and become embedded in the consumers&#39; lives. For example, Apple hardware products including the iPad, MacBook, iPhone, Air Pods, and Apple Watch all seamlessly connect with each other providing a unique experience. As such, Apple has been taking market share from its competitors, which may work to offset potential slowing demand coming due to price increases. Apple&#39;s strong product offerings and branding may prove to be more resilient than my expectations. However, even if this proves to be true, I believe Apple&#39;s high valuation leaves more downside risks than an upside potential maintaining my negative rating on the company today.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's New iPhone 14 Sales Will Likely Be Disappointing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple's New iPhone 14 Sales Will Likely Be Disappointing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-22 09:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4524854-apples-new-iphone-14-sales-will-likely-be-disappointing?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A9><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple is expected to increase the price of the new iPhone 14 due to inflation.However, I believe that consumer demand for the discretionary consumer good, iPhone, will likely diminish as a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4524854-apples-new-iphone-14-sales-will-likely-be-disappointing?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A9\">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/4524854-apples-new-iphone-14-sales-will-likely-be-disappointing?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180606292","content_text":"SummaryApple is expected to increase the price of the new iPhone 14 due to inflation.However, I believe that consumer demand for the discretionary consumer good, iPhone, will likely diminish as a result.Further, Apple's pricey valuation leads me to believe that there is likely more downside risk than upside potential.IntroductionInflation and slowing economic growth in recent months have been negatively affecting consumer confidence and sentiments around the world. In times like this, it's natural for consumers to prolong purchases of discretionary items especially if the discretionary item provides little additional value to their current belongings while commanding higher prices. This is the exact situation Apple (NASDAQ:AAPL) is in today. Because of inflation, the company needs to raise the price of its products; however, I believe consumers will not react positively to this move.Inflationary pressures in labor, commodities, and even the supply chain are pressuring the entire world. As such, many analysts expect Apple to raise the prices of its new iPhone 14 line-up. I believe the new pricing increase, which I believe to be necessary for Apple, will result in lackluster sales due to low consumer sentiments and the strong U.S. dollar. Revolutionary upgrades are getting rarer and rarer especially after the new 5G phones were released with the iPhone 12, and cellphones have become another commodity. Therefore, despite Apple's strong brand power and ecosystem, I believe investors should sell Apple ahead of the likely iPhone price increase.iPhone 14Apple will likely increase the price of its iPhone 14 due to inflation.CPI, consumer price index,for June 2022 showed an increase of 9.1% year-over-year, and the PPI, producer price index, for June 2022 showed an 11.6% increase year over year. As such, inflation is being felt by all parties in the economy from producers to consumers likely leading to a price hike in Apple products.PricingNumerous analysts have pointed to a likely price hike on iPhone 14 pro models. iPhone 13 pro and pro max cost $999 and $1099, respectively. The new iPhone 14 pro and pro max is expected to cost $1099 and $1199, respectively, which shows a $100 price increase. The move, as stated above will be to protect the company's margins. Further, Apple is expected to introduce iPhone 14 Max replacing the $699 mini-series with a price tag of $899. The base model for iPhone 14 is expected to stay at $799.The pricing structure is unique. Apple is expected to increase the price of the iPhone for only pro models while maintaining the price of base models, which seems weird since inflation should be impacting all four models. The reasoning behind this move is likely that Apple wanted to maintain the sales volume during low consumer sentiment periods by keeping the base models at the same price. However, to keep its revenues and margins, Apple is expected to increase the price of its pro models and entice more customers to upgrade to the pro models. As such, to convince consumers they wish to purchase an expensive model voluntarily, Apple has focused a plethora of new updates on only the pro models. The pro models will likely be the only models potentially supporting a 120hz display, a new notch design, a titanium frame, and a new a16 bionic chip leaving the base iPhone 14 models with almost no updates.Apple is in a bad position. The majority of the consumer who bought the iPhone 13purchased the base model. However, the company is attempting to entice customers to buy the pro models instead of the base model for iPhone 14 with a plethora of upgrades. While this strategy may work, I believe otherwise. I believe the majority of consumers will find upgrading to iPhone 14 base models unnecessary especially in times of low consumer sentiments as it will not feature a new notch design or a new chip. Apple has focused the majority of upgrades on pro models in hopes of enticing customers to buy a more expensive model; however, I believe this move will only diminish the demand for the new base models. Further, I believe there are not enough number of consumers wishing to purchase the pro models to offset slower demand. This was seen in iPhone 13 where the base models accounted for the most sales.What If...If iPhone 14 base model and iPhone 14 may also receive a price hike of $100to $899 and $999, respectively, then I believe the situation will be even worse for Apple. Consumers buying these models will not only pay $100 more, but they will see a very minimal upgrade from the iPhone 13 models.Consumer Sentiments and Strong DollarLow consumer sentiments in the U.S. and a strong dollar for foreign countries will likely deter a significant portion of consumers from purchasing a new iPhone this year.As the chart below shows, U.S. consumer sentiments are in a free fall due to the slowing economic growth and high inflation, which will likely hamper some demand for the pricier iPhone.St. Louis FEDA strong dollar relative to other currencies are an even greater risk for Apple. Japan is one of the biggest foreign markets outside of China, and Yen has been showing significant weakness against the dollar. Compared to a year ago, the Japanese Yen's value against the dollar fell about 25%. As such, Japanese consumers will feel an even greater price increase for the new iPhone compared to the U.S consumer. On top of that, Apple has already increased the price of the existing iPhone 13 in Japan by 19% due to inflation. Further price hikes in the new iPhone 14 model will likely hamper demand, especially during times of higher inflation and lower consumer sentiment.Historical ValuationApple, looking at its historical valuation multiple, is trading at a premium today despite some negative outlooks and lackluster growth expectations. As the chart below shows, Since 2010, Apple has been trading at a 10~20 price-to-earnings ratio compared to today's 25. Apple, however, is not offering strong growth prospects either. The company is expected to grow at an average of4.07% year-over-year each quarter for the next four quarters. Therefore, considering the premium valuation and negative growth outlook, I believe there are more risk potentials than reward opportunities for Apple today.MacrotrendsRisk to ThesisThere is a reason why Apple is one of the most valuable companies in the world. The company successfully created an ecosystem of both hardware and software products that continue to expand and become embedded in the consumers' lives. For example, Apple hardware products including the iPad, MacBook, iPhone, Air Pods, and Apple Watch all seamlessly connect with each other providing a unique experience. As such, Apple has been taking market share from its competitors, which may work to offset potential slowing demand coming due to price increases. Apple's strong product offerings and branding may prove to be more resilient than my expectations. However, even if this proves to be true, I believe Apple's high valuation leaves more downside risks than an upside potential maintaining my negative rating on the company today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}