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Bernard1234

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- Bernard1234Bernard1234
  ·2022-06-19
  Noted
  Reminder: U.S. Market Will Be Closed on June 20 for Juneteenth
  Juneteenth National Independence Day is around the corner. The U.S. market will be closed on Monday,
  Reminder: U.S. Market Will Be Closed on June 20 for Juneteenth
  173 Comment
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- Bernard1234Bernard1234
  ·2022-06-05
  [Like]
  Is AMD Stock A Buy, Sell, Or Hold Now?
  SummaryWe discuss some of AMD’s promising qualities and narratives.We discuss the valuation picture
  Is AMD Stock A Buy, Sell, Or Hold Now?
  372 Comment
  3
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- Bernard1234Bernard1234
  ·2022-05-21
  Where is the bottom?
  Buy Apple Stock for Resiliency During the Tech Sell-Off
  Here's why Apple is a golden investment amid the ongoing tech sell-off.
  Buy Apple Stock for Resiliency During the Tech Sell-Off
  139 Comment
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- Bernard1234Bernard1234
  ·2022-05-21
  Where is the bottom?
  Sorry, this post has been deleted
  389 Comment
  2
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- Bernard1234Bernard1234
  ·2022-05-20
  [OK]
  Sorry, this post has been deleted
  167 Comment
  4
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- Bernard1234Bernard1234
  ·2022-05-20
  [OK]
  Palantir: Visibility Into The Upside
  SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to
  Palantir: Visibility Into The Upside
  341 Comment
  5
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- Bernard1234Bernard1234
  ·2022-05-19
  👍 ok
  Sorry, this post has been deleted
  338 Comment
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- Bernard1234Bernard1234
  ·2022-05-19
  [OK] ok
  Tesla: Timing Is Everything
  SummaryYou hear a lot about timing when it comes to the stock market.“You can’t time the market” is
  Tesla: Timing Is Everything
  266 Comment
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- Bernard1234Bernard1234
  ·2022-05-15
  No
  Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?
  The sellers seem to have overshot their targets with certain stocks, pricing in a scenario that's unlikely to happen.
  Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?
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- Bernard1234Bernard1234
  ·2022-05-15
  No
  Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?
  The sellers seem to have overshot their targets with certain stocks, pricing in a scenario that's unlikely to happen.
  Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?
  141 Comment
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The U.S. market will be closed on Monday,","content":"<html><head></head><body><p>Juneteenth National Independence Day is around the corner. The U.S. market will be closed on Monday, 20 June 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><h2><img src=\"https://static.tigerbbs.com/4989a261ddb67ec705ca36de413a2f98\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/>What is Juneteenth and why is it a holiday?</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7bf04d06d6904956a7564f3d1ccafe6\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>People gather at a Juneteenth rally in 2020 in Brooklyn, N.Y.</span></p><p>Juneteenth, a portmanteau of June 19, is a holiday that honors the last enslaved Black people in Texas learning they were free.</p><p>On June 19, 1865, federal troops marched on Galveston, Texas, to take control of the state. Even though the Civil War had been over for two months, slavery remained in Texas.</p><p>Union General Gordon Granger arrived in Texas and famously read General Orders No. 3, which stated, “The people of Texas are informed that, in accordance with a proclamation from the Executive of the United States, all slaves are free.”</p><p>That day came two and a half years after President Abraham Lincoln signed the Emancipation Proclamation on Jan. 1, 1863. 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The survey found that 16% of Democrats knew “nothing at all” about Juneteenth, compared with 45% of Republicans.</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>Reminder: U.S. Market Will Be Closed on June 20 for Juneteenth</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\">\nReminder: U.S. Market Will Be Closed on June 20 for Juneteenth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-15 11:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Juneteenth National Independence Day is around the corner. The U.S. market will be closed on Monday, 20 June 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><h2><img src=\"https://static.tigerbbs.com/4989a261ddb67ec705ca36de413a2f98\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/>What is Juneteenth and why is it a holiday?</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7bf04d06d6904956a7564f3d1ccafe6\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>People gather at a Juneteenth rally in 2020 in Brooklyn, N.Y.</span></p><p>Juneteenth, a portmanteau of June 19, is a holiday that honors the last enslaved Black people in Texas learning they were free.</p><p>On June 19, 1865, federal troops marched on Galveston, Texas, to take control of the state. Even though the Civil War had been over for two months, slavery remained in Texas.</p><p>Union General Gordon Granger arrived in Texas and famously read General Orders No. 3, which stated, “The people of Texas are informed that, in accordance with a proclamation from the Executive of the United States, all slaves are free.”</p><p>That day came two and a half years after President Abraham Lincoln signed the Emancipation Proclamation on Jan. 1, 1863. Not all states immediately ended slavery when Lincoln signed the order during the Civil War.</p><p>While other dates — such as the Confederate Army’s surrender in the Civil War, the ratification of the 13th Amendment abolishing slavery, or the day Lincoln signed the Emancipation Proclamation — could similarly be viewed as the “end” of slavery in the U.S., Juneteenth is the day most people associate with its conclusion.</p><p>Congress moved to establish Juneteenth as a federal holiday in June 2021, and the holiday went into effect immediately. The bill, signed into law by President Biden, designated the date as Juneteenth National Independence Day.</p><p>June 19 this year falls on a Sunday, so most federal employees will get Monday, June 20 off. Some private companies last year also made Juneteenth a paid holiday for employees.</p><p>Congress had not added a federal holiday since Martin Luther King Day in 1983.</p><p>Juneteenth celebrations may include religious services, educational events, family gatherings and festivals. Some areas of the country, including Kansas and Texas, have had parades on Juneteenth.</p><p>Despite the U.S. recognizing Juneteenth as a federal holiday last year, many Americans still didn’t know the meaning of the observance. In a 2021 Gallup survey, 28% of U.S. adults said they knew “nothing at all” about Juneteenth.</p><p>Awareness of the date’s significance also broke along party lines. The survey found that 16% of Democrats knew “nothing at all” about Juneteenth, compared with 45% of Republicans.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145347873","content_text":"Juneteenth National Independence Day is around the corner. The U.S. market will be closed on Monday, 20 June 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.What is Juneteenth and why is it a holiday?People gather at a Juneteenth rally in 2020 in Brooklyn, N.Y.Juneteenth, a portmanteau of June 19, is a holiday that honors the last enslaved Black people in Texas learning they were free.On June 19, 1865, federal troops marched on Galveston, Texas, to take control of the state. Even though the Civil War had been over for two months, slavery remained in Texas.Union General Gordon Granger arrived in Texas and famously read General Orders No. 3, which stated, “The people of Texas are informed that, in accordance with a proclamation from the Executive of the United States, all slaves are free.”That day came two and a half years after President Abraham Lincoln signed the Emancipation Proclamation on Jan. 1, 1863. Not all states immediately ended slavery when Lincoln signed the order during the Civil War.While other dates — such as the Confederate Army’s surrender in the Civil War, the ratification of the 13th Amendment abolishing slavery, or the day Lincoln signed the Emancipation Proclamation — could similarly be viewed as the “end” of slavery in the U.S., Juneteenth is the day most people associate with its conclusion.Congress moved to establish Juneteenth as a federal holiday in June 2021, and the holiday went into effect immediately. The bill, signed into law by President Biden, designated the date as Juneteenth National Independence Day.June 19 this year falls on a Sunday, so most federal employees will get Monday, June 20 off. Some private companies last year also made Juneteenth a paid holiday for employees.Congress had not added a federal holiday since Martin Luther King Day in 1983.Juneteenth celebrations may include religious services, educational events, family gatherings and festivals. Some areas of the country, including Kansas and Texas, have had parades on Juneteenth.Despite the U.S. recognizing Juneteenth as a federal holiday last year, many Americans still didn’t know the meaning of the observance. In a 2021 Gallup survey, 28% of U.S. adults said they knew “nothing at all” about Juneteenth.Awareness of the date’s significance also broke along party lines. The survey found that 16% of Democrats knew “nothing at all” about Juneteenth, compared with 45% of Republicans.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059730648,"gmtCreate":1654427093384,"gmtModify":1676535446250,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"[Like]&nbsp;","listText":"[Like]&nbsp;","text":"[Like]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059730648","repostId":"2240259878","repostType":4,"repost":{"id":"2240259878","pubTimestamp":1654404523,"share":"https://ttm.financial/m/news/2240259878?lang=&edition=fundamental","pubTime":"2022-06-05 12:48","market":"us","language":"en","title":"Is AMD Stock A Buy, Sell, Or Hold Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2240259878","media":"Seekingalpha","summary":"SummaryWe discuss some of AMD’s promising qualities and narratives.We discuss the valuation picture ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>We discuss some of AMD’s promising qualities and narratives.</li><li>We discuss the valuation picture and risks.</li><li>We conclude with some thoughts on the price action.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d6a61b40581aeb66fd5c5fc1e9dd4f8\" tg-width=\"1080\" tg-height=\"675\" width=\"100%\" height=\"auto\"/><span>Jian Fan/iStock via Getty Images</span></p><p><b>Company Snapshot</b></p><p>Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor firm noted for its high-performance computing products and technology. AMD’s expertise primarily lies in the fields of CPUs, APUs, discrete and integrated GPUs, data center graphics, chipsets, server and embedded processors, game console-related technology, and semi-custom SOCproducts. The company currently reports under two broad divisions- a) Computer and Graphics and b) Enterprise, Embedded, and Semi-custom.</p><p><b>Is AMD A Good Stock To Buy For the Long-Term?</b></p><p>I believe AMD has all the hallmarks to serve as a fine portfolio stock as it possesses a diversified set of merits that are hard to come by.</p><p>Firstly let’s consider the growth profile of AMD; over the last three years, whilst other semiconductor peers have only been able to deliver 12% CAGR revenue growth, AMD has been able to grow at almost 4x this pace, reporting 45% CAGR growth over the same period. Traditionally, the semi-space is known for its strong earnings potential, and this is reflected in the 3-year net income CAGR average of 57% for the entire industry; if you thought that was impressive, then how about AMD&#39;s corresponding 3-year of 132%? Under ordinary circumstances, when you have such a high base, you would expect things to slow dramatically, but looking at estimates for FY22, one can expect another year of strong growth both on the top line and bottom line (expected revenue growth of 60% and expected EPS growth of 57%).</p><p>I also want to touch on AMD&#39;s growing FCF prowess; around four years back, AMD was unable to generate any positive annual FCF, but this has improved significantly over the years (from -$142m in FY18 to $3139m in FY21); in fact in the recently concluded Q1, the company generated a record quarterly number of $924m, which was up both sequentially (25%), and annually (11%). Basically, at the current share price, you&#39;re getting a very handy FCF yield of ~2.6%, something that was not even a part of the AMD narrative until 2020.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dff4bf810d23e146f36753e4d3d4ba3c\" tg-width=\"1257\" tg-height=\"412\" width=\"100%\" height=\"auto\"/><span>YCharts</span></p><p>The improving FCF position also means that the company can afford to be a lot more generous with its distributions; as of now, dividends are not on the cards, but do consider that last year they spent an impressive $1.8bn in cash on repurchase activities (in the three years preceding 2021, they spent less than $100min aggregate). Interestingly, in Q1-22 alone, they’ve already spent $1.9bn, which is more than last year’s entire figure; investors can continue to be enthused about further buyback support, as the company still has $8.3bn of funds available to be deployed as part of their existing repurchase program!</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b600cf0222dbe393ed01e87148dcf487\" tg-width=\"1280\" tg-height=\"669\" width=\"100%\" height=\"auto\"/><span>AMD Corporate Presentation</span></p><p>Given its wide reach across the broad high-performance computing universe, there&#39;s a lot to like about AMD&#39;s product and tech offerings, but I believe the most exciting developments are currently taking place in the data-center business. Amongst all its addressable markets (which total $135bn in aggregate), AMD believes, this business offers the biggest opportunity accounting for ~37% of the total TAM.</p><p>This data-center business has witnessed a doubling of revenues across various quarters for well over a year now, and much of this is down to the popularity of its EPYC processors and the growing prevalence of HPC (hyper-scale cloud) customers who are expanding their internal infrastructure deployments. I also believe the addressable market is becoming a lot broader now with a larger chunk of enterprise customers showing a greater appetite for the company&#39;s processors than before (AMD’s win rate with enterprise customers improved even further in Q1).</p><p>Whilst it is questionable if AMD can continue to double this business, its intention to deepen its presence in the EPYC space with its new portfolio of products should continue to find plenty of takers and aid the topline; In Q1-22 it launched the Milan-X chipsets (3-D stacked) which are poised to increase technical computer workloads by 66% versus the old generation of products. In H2-22, you will see the introduction of the 96-core Genoa EPYC 7004s which is poised to become the highest performance general-purpose server CPU. Then in H1-23, you will also see another product- the 128-core Bergamo which is meant for high-end hyperscalers.</p><p>Besides the core data-center business, one also ought to commend AMD for its recent acquisitions, particularly that of Xilinx (wrapped up in Feb for an acquisition fee of $49bn) which brings a whole host of benefits. Firstly, one ought to consider the quality of IP that AMD is getting through this acquisition; Xilinx is perceived to be an industry authority when it comes to inculcating FPGA (Field Programmable Gate Arrays) programmable logic and is exposed to certain industries where AMD has gaps. AMD will now also have access to Xilinx IP blocks which could not only enhance their overall offering but also bring down costs (potentially reduced dependence on costly IP blocks that were previously licensed from other third parties). Xilinx is also a very high growth business, having witnessed four consecutive quarters of over 20% growth; incidentally, on a proforma basis in Q1-22, the company delivered $1.04bn of sales, so you’re looking at a base case topline uplift of at least $4bn annually for AMD. This is also a high margin business that should help enhance AMD&#39;s own margins; just for some context in Q1-22; the gross margin variance for AMD with and without the Xilinx business was 200bps. Finally, whilst AMD will have to absorb Xilinx’s outstanding debt obligations of $1.8bn, also consider that it will receive $4bn worth of cash and liquid investments, which have consequently boosted AMD’s own cash and investment position to an impressive $6.5bn as of Q1-22 (from $3.6bn in Q4-21).</p><p><b>What Are Some Of The Risks Associated With AMD?</b></p><p>AMD’s computer and graphics segment has been witnessing declining trends for a while now. Last year, shipments were down by 8% and this has continued into Q1-22 where shipments were down by 7%. Within this, AMD has had to scale down its previous expectations of the PC market which is currently witnessing some softness; prior to the Q1 results they had stated that they expect a flattish performance for PCs in 2022, but now, this has been scaled down even further to a high-single-digit percentage range. In the desktop PC space, AMD has actually seen its market share decline by 1% to 18.3%,even as Intel’s Alder Lake gains traction.</p><p>In the high-end discrete GPU space, AMD already faces tough competition from NVIDIA, but this is only going to get worse; after an absence of over two decades, we’ve even seen Intel enter the market this year, with its gaming-focused ARC franchise, which will give AMD&#39;s portfolio a run for its money.</p><p>Besides all that, AMD also remains vulnerable to the volatility seen in the cryptocurrency mining space as its GPU products are very popular in this space.</p><p>Then, in a high inflationary environment, AMD’s margin progression of late has been rather compelling, but you do wonder if they can keep this up for too long, particularly as recent reports suggest that one of the company’s prominent foundry partners- TSMC is looking to hike prices by 5-8% next year.</p><p><b>Is AMD A Fair Valuation?</b></p><p>I believe AMD is currently rather attractively valued and you won’t find too many opportunities to own such an exemplary growth stock where it is trading at a discount to both its long-term average, as well as its peer set average. Here are some key metrics to consider.</p><p>Consensus estimates currently point to an FY22 EPS figure of$4.393, this would imply a forward P/E of a little over 23x, which represents a 33% discount to the stock’s long-term average of 34.3x. It’s also worth noting that AMD&#39;s stock also trades at an 8% discount to the average forward P/E multiple (25.11x) of Seeking Alpha’s entire semiconductor coverage, which currently comprises around 64 stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/84a701a349b6d5415465ca629d8d2b75\" tg-width=\"1263\" tg-height=\"406\" width=\"100%\" height=\"auto\"/><span>YCharts</span></p><p>In an era where investors are viewing growth stocks with more exacting standards, there may be some hesitancy to shed out multiples of over 20x, but even if that’s the case, I’d urge you to then consider the growth potential on offer. AMD’s FY22 EPS estimate of $4.393 represents an earnings growth potential of 58%; in light of that figure, you’re then looking at an incredibly low forward price to earnings growth ratio (PEG) of less than 0.4x! Just for some context, over the last five years, AMD’s forward PEG multiple has averaged more than1x, whilst the company’s peers from the semiconductor space are currently trading at an average forward PEG of 1.49x!</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd3c6bb77a2e1c92a5d7158765ec8e5b\" tg-width=\"1267\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>YCharts</span></p><p><b>Closing Thoughts - Is AMD Stock A Buy, Sell, or Hold?</b></p><p>From the last week of November 2021 when it was trading at all-time highs, to the second week of May 2022, the AMD stock had lost almost half its value; after this brutal drawdown, one can now spot certain encouraging developments in the technical imprints of the stock.</p><p>If one looks at the price action on the weekly chart, we can see that after a prolonged bout of selling - where it could not break past the descending trendline - the stock has now reached a congestion zone (area highlighted in green), where it spent a lot of time building a base during August 2020- July 2021. You would think this terrain could once again serve as a platform for base building which represents a good zone to accumulate the stock. In the last week of May, we also saw a full-bodied green candle (with no wicks), which broke past the trendline, although I wouldn’t necessarily get overly carried away by this trigger.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/885ba9c5d5d93b2ebdcdaa08a0562794\" tg-width=\"1280\" tg-height=\"604\" width=\"100%\" height=\"auto\"/><span>Trading View</span></p><p>Then if I switch over to the smaller time frame- daily chart, one can see rather clear imprints of a typical rounding bottom pattern, which implies that a floor has probably been made.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fb81aeafbfe1c624424915f4237448d\" tg-width=\"1280\" tg-height=\"606\" width=\"100%\" height=\"auto\"/><span>Investing</span></p><p>Finally, also consider that AMD still appears to offer good value against its peers in the semiconductor space, as represented by the iShares Semiconductor ETF (SOXX). The relative strength ratio is still below its long-term average of 0.375, and it is also quite a bit away from the upper boundary of the ascending wedge.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ff03bb594b30ea44394a2cdac1e3d9b\" tg-width=\"1144\" tg-height=\"495\" width=\"100%\" height=\"auto\"/><span>Stockcharts</span></p><p>To conclude, I rate AMD stock as a BUY.</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>Is AMD Stock A Buy, Sell, Or Hold Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs AMD Stock A Buy, Sell, Or Hold Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-05 12:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4516011-amd-stock-buy-sell-hold><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWe discuss some of AMD’s promising qualities and narratives.We discuss the valuation picture and risks.We conclude with some thoughts on the price action.Jian Fan/iStock via Getty ImagesCompany...</p>\n\n<a href=\"https://seekingalpha.com/article/4516011-amd-stock-buy-sell-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4516011-amd-stock-buy-sell-hold","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2240259878","content_text":"SummaryWe discuss some of AMD’s promising qualities and narratives.We discuss the valuation picture and risks.We conclude with some thoughts on the price action.Jian Fan/iStock via Getty ImagesCompany SnapshotAdvanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor firm noted for its high-performance computing products and technology. AMD’s expertise primarily lies in the fields of CPUs, APUs, discrete and integrated GPUs, data center graphics, chipsets, server and embedded processors, game console-related technology, and semi-custom SOCproducts. The company currently reports under two broad divisions- a) Computer and Graphics and b) Enterprise, Embedded, and Semi-custom.Is AMD A Good Stock To Buy For the Long-Term?I believe AMD has all the hallmarks to serve as a fine portfolio stock as it possesses a diversified set of merits that are hard to come by.Firstly let’s consider the growth profile of AMD; over the last three years, whilst other semiconductor peers have only been able to deliver 12% CAGR revenue growth, AMD has been able to grow at almost 4x this pace, reporting 45% CAGR growth over the same period. Traditionally, the semi-space is known for its strong earnings potential, and this is reflected in the 3-year net income CAGR average of 57% for the entire industry; if you thought that was impressive, then how about AMD's corresponding 3-year of 132%? Under ordinary circumstances, when you have such a high base, you would expect things to slow dramatically, but looking at estimates for FY22, one can expect another year of strong growth both on the top line and bottom line (expected revenue growth of 60% and expected EPS growth of 57%).I also want to touch on AMD's growing FCF prowess; around four years back, AMD was unable to generate any positive annual FCF, but this has improved significantly over the years (from -$142m in FY18 to $3139m in FY21); in fact in the recently concluded Q1, the company generated a record quarterly number of $924m, which was up both sequentially (25%), and annually (11%). Basically, at the current share price, you're getting a very handy FCF yield of ~2.6%, something that was not even a part of the AMD narrative until 2020.YChartsThe improving FCF position also means that the company can afford to be a lot more generous with its distributions; as of now, dividends are not on the cards, but do consider that last year they spent an impressive $1.8bn in cash on repurchase activities (in the three years preceding 2021, they spent less than $100min aggregate). Interestingly, in Q1-22 alone, they’ve already spent $1.9bn, which is more than last year’s entire figure; investors can continue to be enthused about further buyback support, as the company still has $8.3bn of funds available to be deployed as part of their existing repurchase program!AMD Corporate PresentationGiven its wide reach across the broad high-performance computing universe, there's a lot to like about AMD's product and tech offerings, but I believe the most exciting developments are currently taking place in the data-center business. Amongst all its addressable markets (which total $135bn in aggregate), AMD believes, this business offers the biggest opportunity accounting for ~37% of the total TAM.This data-center business has witnessed a doubling of revenues across various quarters for well over a year now, and much of this is down to the popularity of its EPYC processors and the growing prevalence of HPC (hyper-scale cloud) customers who are expanding their internal infrastructure deployments. I also believe the addressable market is becoming a lot broader now with a larger chunk of enterprise customers showing a greater appetite for the company's processors than before (AMD’s win rate with enterprise customers improved even further in Q1).Whilst it is questionable if AMD can continue to double this business, its intention to deepen its presence in the EPYC space with its new portfolio of products should continue to find plenty of takers and aid the topline; In Q1-22 it launched the Milan-X chipsets (3-D stacked) which are poised to increase technical computer workloads by 66% versus the old generation of products. In H2-22, you will see the introduction of the 96-core Genoa EPYC 7004s which is poised to become the highest performance general-purpose server CPU. Then in H1-23, you will also see another product- the 128-core Bergamo which is meant for high-end hyperscalers.Besides the core data-center business, one also ought to commend AMD for its recent acquisitions, particularly that of Xilinx (wrapped up in Feb for an acquisition fee of $49bn) which brings a whole host of benefits. Firstly, one ought to consider the quality of IP that AMD is getting through this acquisition; Xilinx is perceived to be an industry authority when it comes to inculcating FPGA (Field Programmable Gate Arrays) programmable logic and is exposed to certain industries where AMD has gaps. AMD will now also have access to Xilinx IP blocks which could not only enhance their overall offering but also bring down costs (potentially reduced dependence on costly IP blocks that were previously licensed from other third parties). Xilinx is also a very high growth business, having witnessed four consecutive quarters of over 20% growth; incidentally, on a proforma basis in Q1-22, the company delivered $1.04bn of sales, so you’re looking at a base case topline uplift of at least $4bn annually for AMD. This is also a high margin business that should help enhance AMD's own margins; just for some context in Q1-22; the gross margin variance for AMD with and without the Xilinx business was 200bps. Finally, whilst AMD will have to absorb Xilinx’s outstanding debt obligations of $1.8bn, also consider that it will receive $4bn worth of cash and liquid investments, which have consequently boosted AMD’s own cash and investment position to an impressive $6.5bn as of Q1-22 (from $3.6bn in Q4-21).What Are Some Of The Risks Associated With AMD?AMD’s computer and graphics segment has been witnessing declining trends for a while now. Last year, shipments were down by 8% and this has continued into Q1-22 where shipments were down by 7%. Within this, AMD has had to scale down its previous expectations of the PC market which is currently witnessing some softness; prior to the Q1 results they had stated that they expect a flattish performance for PCs in 2022, but now, this has been scaled down even further to a high-single-digit percentage range. In the desktop PC space, AMD has actually seen its market share decline by 1% to 18.3%,even as Intel’s Alder Lake gains traction.In the high-end discrete GPU space, AMD already faces tough competition from NVIDIA, but this is only going to get worse; after an absence of over two decades, we’ve even seen Intel enter the market this year, with its gaming-focused ARC franchise, which will give AMD's portfolio a run for its money.Besides all that, AMD also remains vulnerable to the volatility seen in the cryptocurrency mining space as its GPU products are very popular in this space.Then, in a high inflationary environment, AMD’s margin progression of late has been rather compelling, but you do wonder if they can keep this up for too long, particularly as recent reports suggest that one of the company’s prominent foundry partners- TSMC is looking to hike prices by 5-8% next year.Is AMD A Fair Valuation?I believe AMD is currently rather attractively valued and you won’t find too many opportunities to own such an exemplary growth stock where it is trading at a discount to both its long-term average, as well as its peer set average. Here are some key metrics to consider.Consensus estimates currently point to an FY22 EPS figure of$4.393, this would imply a forward P/E of a little over 23x, which represents a 33% discount to the stock’s long-term average of 34.3x. It’s also worth noting that AMD's stock also trades at an 8% discount to the average forward P/E multiple (25.11x) of Seeking Alpha’s entire semiconductor coverage, which currently comprises around 64 stocks.YChartsIn an era where investors are viewing growth stocks with more exacting standards, there may be some hesitancy to shed out multiples of over 20x, but even if that’s the case, I’d urge you to then consider the growth potential on offer. AMD’s FY22 EPS estimate of $4.393 represents an earnings growth potential of 58%; in light of that figure, you’re then looking at an incredibly low forward price to earnings growth ratio (PEG) of less than 0.4x! Just for some context, over the last five years, AMD’s forward PEG multiple has averaged more than1x, whilst the company’s peers from the semiconductor space are currently trading at an average forward PEG of 1.49x!YChartsClosing Thoughts - Is AMD Stock A Buy, Sell, or Hold?From the last week of November 2021 when it was trading at all-time highs, to the second week of May 2022, the AMD stock had lost almost half its value; after this brutal drawdown, one can now spot certain encouraging developments in the technical imprints of the stock.If one looks at the price action on the weekly chart, we can see that after a prolonged bout of selling - where it could not break past the descending trendline - the stock has now reached a congestion zone (area highlighted in green), where it spent a lot of time building a base during August 2020- July 2021. You would think this terrain could once again serve as a platform for base building which represents a good zone to accumulate the stock. In the last week of May, we also saw a full-bodied green candle (with no wicks), which broke past the trendline, although I wouldn’t necessarily get overly carried away by this trigger.Trading ViewThen if I switch over to the smaller time frame- daily chart, one can see rather clear imprints of a typical rounding bottom pattern, which implies that a floor has probably been made.InvestingFinally, also consider that AMD still appears to offer good value against its peers in the semiconductor space, as represented by the iShares Semiconductor ETF (SOXX). The relative strength ratio is still below its long-term average of 0.375, and it is also quite a bit away from the upper boundary of the ascending wedge.StockchartsTo conclude, I rate AMD stock as a BUY.","news_type":1},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021752637,"gmtCreate":1653105988529,"gmtModify":1676535225932,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"Where is the bottom?","listText":"Where is the bottom?","text":"Where is the bottom?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021752637","repostId":"2236015712","repostType":4,"repost":{"id":"2236015712","pubTimestamp":1653088476,"share":"https://ttm.financial/m/news/2236015712?lang=&edition=fundamental","pubTime":"2022-05-21 07:14","market":"us","language":"en","title":"Buy Apple Stock for Resiliency During the Tech Sell-Off","url":"https://stock-news.laohu8.com/highlight/detail?id=2236015712","media":"Motley Fool","summary":"Here's why Apple is a golden investment amid the ongoing tech sell-off.","content":"<html><head></head><body><p>The stock market has been a circus show in recent history, due to record-high inflation levels, the Fed&#39;s decision to raise interest rates in response, and lingering concerns in connection to the war between Russia and Ukraine. Consequently, the <b>S&amp;P 500</b> and <b>Nasdaq Composite</b> have backtracked 15% and 24% year to date, respectively, with no end to the negativism in sight.</p><p>Even big tech has struggled, with premier companies <b>Netflix </b>and <b><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></b> posting weaker-than-anticipated financial reports in recent quarters. The panic has sent investors swarming to value stocks and safer assets for protection, leaving the technology sector drowning in the red. But as long-term investors, this doesn&#39;t mean that we should completely ignore tech stocks for the time being.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58efc5f5899a865afd71defde8137f91\"/><span>Image source: Getty Images.</span></p><p>In fact, there are several companies that continue to deliver strong financial results in spite of the challenges our current economy presents. One of those companies,<b> Apple</b>, is a world-beater that can provide investors with much-needed security in today&#39;s market environment. And since it&#39;s down almost 20% year to date, the technology juggernaut grants investors a handsome valuation at present levels.</p><h2>A resilient business</h2><p>In the past 12 quarters, Apple has beaten earnings estimates each time, and the company has only fallen short of Wall Street&#39;s revenue forecasts once. In the second quarter of 2022, the tech leader increased both total sales and earnings per share by 9% year over year, up to $97.3 billion and $1.52, respectively. While its product category -- which includes the iPhone, iPad, and Mac -- only grew a modest 7%, the company&#39;s services segment surged 17% to $19.8 billion.</p><p>For the full fiscal year 2022, analysts are forecasting Apple&#39;s top line to improve 8% to $394.2 billion and its earnings per share to increase 10% to $6.15. Investors should like where the iPhone maker is positioned today. Not only does its world-class core business offer stability on top of its persistent growth, but the company&#39;s services segment enjoys a long runway for expansion in the years ahead.</p><p>Fortunately for Apple and its shareholders, the company&#39;s elite balance sheet and cash generation will comfortably facilitate growth for the tech giant in the future. The company has $28.1 billion in cash on its balance sheet, and it continues to generate funds at a red-hot pace. In the past 12 months, Apple has produced $105.8 billion in free cash flow (FCF), and its three-year FCF compound annual growth rate (CAGR) is 13%. The company&#39;s robust balance sheet and consistent cash generation provide financial flexibility to increase its dividends, buy back shares, and grow its business in the years to follow.</p><h2>A normalized valuation</h2><p>The recent stock price pullback year to date has made Apple stock a very tempting buy. The stock carries a price-to-earnings multiple of 24 today, representing its lowest trading level since the early summer of 2020.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ff26f227883e6475edef412754fe00f\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>AAPL PE Ratio data by YCharts</span></p><p>The tech company&#39;s current earnings multiple is also largely in line with its five-year historical average of 23. But given that Apple has been able to maintain solid growth in recent quarters -- especially compared to the rest of big tech -- investors should be thrilled about buying the stock at existing levels.</p><h2>Apple is a good play on the turbulent stock market today</h2><p>Apple is a wise investment today -- the world-leading technology company continues to expand its business at a steady rate in an economy where many of its peers are suffering from growing pains. The stock is also trading at its lowest valuation since mid-2020, supplying investors with a favorable margin of safety. If you&#39;re searching for a durable stock to combat the market&#39;s volatility today, Apple might be the choice for you.</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>Buy Apple Stock for Resiliency During the Tech Sell-Off</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\">\nBuy Apple Stock for Resiliency During the Tech Sell-Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-21 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/20/buy-apple-stock-resiliency-during-tech-sell-off/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has been a circus show in recent history, due to record-high inflation levels, the Fed's decision to raise interest rates in response, and lingering concerns in connection to the war ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/20/buy-apple-stock-resiliency-during-tech-sell-off/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/05/20/buy-apple-stock-resiliency-during-tech-sell-off/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236015712","content_text":"The stock market has been a circus show in recent history, due to record-high inflation levels, the Fed's decision to raise interest rates in response, and lingering concerns in connection to the war between Russia and Ukraine. Consequently, the S&P 500 and Nasdaq Composite have backtracked 15% and 24% year to date, respectively, with no end to the negativism in sight.Even big tech has struggled, with premier companies Netflix and Meta Platforms posting weaker-than-anticipated financial reports in recent quarters. The panic has sent investors swarming to value stocks and safer assets for protection, leaving the technology sector drowning in the red. But as long-term investors, this doesn't mean that we should completely ignore tech stocks for the time being.Image source: Getty Images.In fact, there are several companies that continue to deliver strong financial results in spite of the challenges our current economy presents. One of those companies, Apple, is a world-beater that can provide investors with much-needed security in today's market environment. And since it's down almost 20% year to date, the technology juggernaut grants investors a handsome valuation at present levels.A resilient businessIn the past 12 quarters, Apple has beaten earnings estimates each time, and the company has only fallen short of Wall Street's revenue forecasts once. In the second quarter of 2022, the tech leader increased both total sales and earnings per share by 9% year over year, up to $97.3 billion and $1.52, respectively. While its product category -- which includes the iPhone, iPad, and Mac -- only grew a modest 7%, the company's services segment surged 17% to $19.8 billion.For the full fiscal year 2022, analysts are forecasting Apple's top line to improve 8% to $394.2 billion and its earnings per share to increase 10% to $6.15. Investors should like where the iPhone maker is positioned today. Not only does its world-class core business offer stability on top of its persistent growth, but the company's services segment enjoys a long runway for expansion in the years ahead.Fortunately for Apple and its shareholders, the company's elite balance sheet and cash generation will comfortably facilitate growth for the tech giant in the future. The company has $28.1 billion in cash on its balance sheet, and it continues to generate funds at a red-hot pace. In the past 12 months, Apple has produced $105.8 billion in free cash flow (FCF), and its three-year FCF compound annual growth rate (CAGR) is 13%. The company's robust balance sheet and consistent cash generation provide financial flexibility to increase its dividends, buy back shares, and grow its business in the years to follow.A normalized valuationThe recent stock price pullback year to date has made Apple stock a very tempting buy. The stock carries a price-to-earnings multiple of 24 today, representing its lowest trading level since the early summer of 2020.AAPL PE Ratio data by YChartsThe tech company's current earnings multiple is also largely in line with its five-year historical average of 23. But given that Apple has been able to maintain solid growth in recent quarters -- especially compared to the rest of big tech -- investors should be thrilled about buying the stock at existing levels.Apple is a good play on the turbulent stock market todayApple is a wise investment today -- the world-leading technology company continues to expand its business at a steady rate in an economy where many of its peers are suffering from growing pains. The stock is also trading at its lowest valuation since mid-2020, supplying investors with a favorable margin of safety. If you're searching for a durable stock to combat the market's volatility today, Apple might be the choice for you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021756497,"gmtCreate":1653105921919,"gmtModify":1676535225774,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"Where is the bottom?","listText":"Where is the bottom?","text":"Where is the bottom?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021756497","repostId":"2236015712","repostType":4,"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021144620,"gmtCreate":1653018001260,"gmtModify":1676535209518,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"[OK]&nbsp;","listText":"[OK]&nbsp;","text":"[OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021144620","repostId":"2236338440","repostType":4,"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021144102,"gmtCreate":1653017976306,"gmtModify":1676535209517,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"[OK]&nbsp;","listText":"[OK]&nbsp;","text":"[OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021144102","repostId":"2236338440","repostType":4,"repost":{"id":"2236338440","pubTimestamp":1653014957,"share":"https://ttm.financial/m/news/2236338440?lang=&edition=fundamental","pubTime":"2022-05-20 10:49","market":"us","language":"en","title":"Palantir: Visibility Into The Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=2236338440","media":"seekingalpha","summary":"SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.</li><li>Management stated that its Foundry platform could be to the coming decade what Amazon’s AWS was to the last, offering a glimpse into the vast upside potential.</li><li>Palantir has suspended its SPAC investment strategy, eliminating a major customer acquisition red flag after unrealized losses surpassed $200 million.</li><li>With growth slowing, the open question is whether Palantir can broadly penetrate the enterprise software market and the non-US and UK government market.</li><li>Palantir offers one of the largest long-term growth opportunities in the marketplace. With the shares down 87% and expectations adjusting lower, there is increasing visibility into the upside potential.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b22457c73fde6bb9452530e03e739c60\" tg-width=\"750\" tg-height=\"580\" width=\"100%\" height=\"auto\"/><span>agawa288/iStock via Getty Images</span></p><p>I am assigning Palantir (NYSE:PLTR) a positive risk/reward rating based on the vast nature of its long-term opportunity set, its increasingly attractive valuation, and its deeply oversold technical position. In my prior Palantir report from February 3, 2022, I made the following observation of the likely downside potential for Palantir:</p><blockquote>To estimate downside potential beneath $10, I apply an earnings multiple of 40x the 2022 non-GAAP consensus earnings estimate… would place Palantir shares at $8… If the 39% consensus earnings estimate for 2022 is too high, further downside from $8 is in the realm of possibility… I apply the same 40x non-GAAP earnings to my estimate of Palantir&#39;s current annual run rate… If earnings growth comes in at 25% for 2022 (my estimate of adjusted gross profit growth as of Q3 2021)… the shares could trade down to $6.</blockquote><p>In fact, the shares touched a low of $6.44 on May 12, 2022, punctuating a vicious -32% selloff following the company&#39;s Q1 2022 earnings release. Interestingly, consensus earnings growth estimates are now aligned with my previous 25% earnings growth estimate for 2022. The extraordinary volatility is a reminder that Palantir is for those seeking exceptional growth potential with the associated risk.</p><p>Nonetheless, the shares are testing a reasonable valuation zone, as outlined in my prior report. Additionally, Palantir&#39;s stock is down roughly 87% from its all-time high reached in 2021. As a result, it is fair to say that a significant amount of risk has already materialized and thus has been removed from Palantir&#39;s share price.</p><p><b>Risk/Reward Rating: Positive</b></p><p>While taking notes during Palantir&#39;s Q1 2022 earnings conference call, <a href=\"https://laohu8.com/S/AONE.U\">one</a> line, in particular, stood out and captures the essence of the Palantir investment case. The following is a paraphrase of my notes from the call: &#34;What AWS was to the last decade, Foundry will be to the next.&#34;</p><p>Foundry is one of three primary platforms offered by Palantir. This type of vision speaks to the upside opportunity that many envision for Palantir&#39;s future. Most investors attribute the majority of Amazon&#39;s (AMZN) $1.2 trillion market value to its AWS division. As a result, even a fraction of an AWS-like opportunity represents extraordinary growth potential for Palantir and its shareholders. Palantir&#39;s current valuation is near $18 billion (using the fully diluted share count) and trending lower.</p><p><b>Growth Trajectory</b></p><p>In terms of its growth potential, Palantir continues to guide investors to 30% revenue growth per year through 2025. The 32% selloff in the shares following the reiteration of this guidance speaks to the challenge facing Palantir&#39;s stock in the near term. The market has clearly signaled that it doubts whether management&#39;s 30% growth guidance can be achieved. I spoke to the high likelihood that growth would disappoint in my February report after breaking down Palantir&#39;s growth by customer cohort (emphasis added):</p><blockquote>Similar to the Scale cohort growth rate annualizing at 20% in 2021, the new customer sales growth rate is annualizing at 22% through Q3 2021… As a result<b>, Palantir appears to be trending toward an underlying sales growth rate closer to 20%</b> than the company&#39;s 30% sales growth guidance through mid-decade.</blockquote><p>Now that the risk of disappointment has materialized, the market is increasingly uncertain about the sustainable growth trajectory for Palantir. To tackle this question, I compiled Palantir&#39;s segment sales performance for Q1 2022 and the full year of 2021 to construct a picture of the near-term growth trajectory. The following two tables were compiled from Palantir&#39;s Q1 2022 10-Q and 2021 10-K filed with the SEC. The first table displays Q1 2022 and the second displays 2021. Please note that I have color-coded the related cells for comparison within and between the tables.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6014209021f3fa2f8092daf4a26dba11\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Before adding the 2021 table for comparison, note that Palantir grew its revenue by just over 19% in Q1 2022, excluding revenue from Investees (the lower blue highlighted cell). Please compare the 19% growth in Q1 2022 to the blue highlighted cells in the table below for 2021. The growth deceleration is material excluding Investee revenue.</p><p>I would highly recommend reading my prior report for a detailed discussion of the Investee situation. A summary of the current Investees is included at the end of this article for those interested. In essence, investing in companies in return for software sales to those same companies is not a sustainable customer acquisition strategy.</p><p>As a result, I and many others exclude sales to Investees from view when trying to determine Palantir&#39;s sustainable growth trajectory. Interestingly, Palantir stated on the Q1 2022 conference call that they have discontinued the Investee program thus removing a major red flag going forward.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a7b062d439185403c6bcd0841413601\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Notice that total sales grew nearly 37% excluding Investees in 2021 (the lower blue highlighted cell). It should be noted that the growth rate in Q3 2021 was 29% and in Q4 2021 it was 25% (not shown here). The 19% growth posted in Q1 2022 is a substantial deceleration, however, it is generally in line with what one would expect given the preexisting slowdown in Palantir&#39;s growth trajectory.</p><p>I have highlighted in yellow the total dollar growth of revenue for Q1 2022 and the full year of 2021 (excluding sales to Investees). The $66 million of revenue growth in Q1 2022 annualizes at $264 million, in comparison to the $401 million of revenue growth posted in 2021. While Palantir experiences some cyclicality, with the potential for stronger sales in the second half of the year, the Q1 2022 sales figure looks quite weak.</p><p>In fact, in Q1 2021, Palantir grew sales by $112 million (not shown here) which annualized at $448 million compared to the actual sales growth achieved in 2021 of $401 million (excluding Investee revenue). As a result, the Q1 2022 sales growth figure, which annualizes at $264 million, is worrisome when compared to 2021 and the company&#39;s 30% sales growth guidance.</p><p>If sales growth were to come in at $264 million for all of 2022 (excluding Investees), Palantir would grow at 17%. With 19% growth in Q1 2022, down from 37% in 2021, 17% growth would represent a stabilization of the existing downtrend rather than a continuation of Palantir&#39;s growth deceleration.</p><p>Growth stabilization looks to be a possibility as the following paraphrase from my Q1 2022 conference call notes highlights. The paraphrase pertains to management&#39;s discussion of Palantir&#39;s near-term sales guidance which disappointed investors (emphasis added): <i>&#34;We have visibility into the upside,</i> and the upside is quite large.&#34;</p><p><b>Upside Visibility</b></p><p>The bolded text in the above quote inspired the title for this report. It also captures the increasing upside visibility available to investors as Palantir&#39;s share price continues to fall. In terms of what could drive Palantir&#39;s revenue upside, management believes that US government sales will reaccelerate as 2022 unfolds. The 16% growth posted in Q1 2022 is well below the historical Government segment growth rate of 30% per year. This segment could certainly stabilize Palantir&#39;s growth rate as it represents 54% of sales as of Q1.</p><p>With Commercial segment sales growth stable in 2021 and Q1 2022 near 24% per year (excluding Investee revenue), the Government segment trending back towards its historical growth rate of 30% would return Palantir to the ballpark of its 30% annual sales growth guidance.</p><p>The following table highlights another Government segment growth vector that could open up given the extreme level of geopolitical instability and the structural ripple effects into the Commercial segment. These ripple effects are most clearly visible in the widespread failure of supply chains in recent times. The table was compiled from Palantir&#39;s Q1 2022 10-Q filed with the SEC. I have highlighted the additional Government growth vector.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cde3ec929a5825c2fbed7e6a378b108a\" tg-width=\"640\" tg-height=\"135\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>The US government represented 42% of Palantir&#39;s total sales in Q1 2022 or approximately $187 million. The UK is a large government customer as well, with the Royal Navy and NHS being notable Palantir customers. I estimate that the US and UK governments account for approximately 92% of Palantir&#39;s total Government segment sales. As a result, the vast majority of the rest of world sales in the above table represent Commercial segment sales. I estimate commercial sales comprise 84% of Palantir&#39;s rest of world revenue.</p><p>There is extraordinary upside potential for Palantir in the Government segment globally at only 16% of rest of world sales. With the US and UK governments serving as early adopters, other governments are likely to be incentivized to explore Palantir&#39;s capabilities.</p><p>Greater integration with the US and UK should become increasingly attractive for the rest of the world category. This is especially true given the geopolitical situation and associated commercial disruptions. The possibility that this could become a growth vector for Palantir is highlighted by the following two paraphrases from my Q1 2022 conference call notes: &#34;The nuclear threat is much higher than is believed or than is being portrayed in the media.&#34;</p><p>The underappreciated risk of nuclear events, while at the extreme end of the risk spectrum that Palantir&#39;s products help address, serves to accentuate the opportunity set for Palantir. There are an unlimited number of geopolitical risk vectors for the Government segment with direct ripple effects into the Commercial segment. These risks are now on the front burner for the world&#39;s governments and enterprises alike.</p><p>The second paraphrase from my notes pertains to the spillover of geopolitical tensions into the commercial realm and the disruption of supply chains in particular: &#34;Literally every function of every business is breaking.&#34;</p><p>In essence, Palantir believes that the rapid escalation of geopolitical risks (Russia and China in particular) and the spillover into the commercial sector represents an ideal backdrop for Palantir to sell into, given the company&#39;s deep roots in national security and mission-critical operations. I tend to agree overall with this positive competitive assessment for the coming years. These dynamics could very well lead to nearer-term growth opportunities that could surprise to the upside once the current growth disappointment dissipates and expectations are fully reset.</p><p><b>Consensus Growth Estimates</b></p><p>Interestingly, consensus revenue growth estimates remain unchanged since my February report. As evidenced by Palantir&#39;s collapsing share price, the market has sent a clear signal of no confidence in Palantir achieving 30% sales growth. That said, consensus growth estimates continue to embed the company&#39;s 30% sales growth guidance. Please note that consensus sales estimates include Investee revenue which should account for 6% of total sales in 2022. The following tables were compiled from Seeking Alpha and my prior article and display consensus estimates as of 5-15-22 compared to 2-2-22.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/796c39436a333158793cf93601e3da5f\" tg-width=\"638\" tg-height=\"242\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted 2022 and 2023 for ease of comparison. Based on the underlying 17% to 19% sales growth trajectory as of Q1 2022 discussed above, the likelihood of missing estimates in 2022 and 2023 is elevated. This is especially true for sales in light of the termination of the Investee customer acquisition strategy. While consensus revenue estimates remain unchanged and at risk, earnings estimates have ratcheted lower since my last report as can be seen in the following table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7c561c18fb35635a76c9ce58f477db0\" tg-width=\"638\" tg-height=\"242\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted in yellow the consensus earnings estimates for 2022 and 2023 which have declined by -20% and -14%, respectively, since February 2. Additionally, notice that the valuation multiple has contracted by 18%, from 62x to 51x the 2022 consensus estimate (highlighted in blue). The valuation multiple contracted 22%, from 45x to 35x the 2023 consensus earnings estimate. Please note that these are non-GAAP earnings estimates as Palantir currently operates at a loss on a GAAP basis.</p><p>Nonetheless, when earnings and valuation multiples are moving in the same direction, amplified price volatility is the end result. As investors, we are looking for situations in which earnings estimates and valuation multiples are moving up together, creating amplified upside opportunities. Palantir is clearly undergoing the opposite at the moment.</p><p><b>Profitability Trends</b></p><p>There remains further risk to consensus earnings estimates for 2022 and 2023 as is evidenced by the company&#39;s various profitability measures. When reviewing the underlying trend in Palantir&#39;s profitability measures, consensus estimates for 25% and 47% growth in 2022 and 2023, respectively, appear to be at risk. The following table was compiled from Palantir&#39;s Q1 2022 10-Q filed with the SEC and displays the company&#39;s adjusted operating income growth (highlighted in yellow).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6c7104e38d18395dea8d8d4d8aa3b03\" tg-width=\"640\" tg-height=\"132\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>While Palantir&#39;s GAAP income is improving from -$114 million to -$39 million, its adjusted operating income has stagnated for all intents and purposes. The signs of profitability stagnation are also evident in Palantir&#39;s cash flow statement below (compiled from the same 10-Q). I have highlighted the key data points.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4643407d0c54c1abe4e12ae6e9a370de\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Importantly, Palantir&#39;s Q1 cash flow from operations declined by 70% to $35 million in Q1 2022, while free cash flow turned decidedly negative (the yellow highlighted cells versus the blue highlighted cells). I have included Palantir&#39;s investments in Investees in my free cash flow estimation. This amounted to $89.5 million in Q1 and was recently discontinued. Regardless, Palantir&#39;s declining cash flows fully support the message from its stagnant adjusted income. The consensus earnings estimates of 25% for 2022 and 47% for 2023 are clearly at risk.</p><p><b>Key Business Measure</b></p><p>Palantir utilizes a KPI or Key Performance Indicator for allocating resources internally, which is closely related to the concept of gross profit margin, called Contribution Margin. For a more detailed discussion of this metric, please see my February report. The underlying trajectory of this KPI is similar to the adjusted income and cash flow trends above, if less extreme.</p><p>The following tables display Palantir&#39;s Contribution Margin and were compiled from the company&#39;s Q1 2022 10-Q and my previous Palantir report. The first table displays Q1 2022 and the second displays the trend through Q3 2021. Please note that I have color-coded the related cells for comparison within and between the tables.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1976698261d14d8ba419b33b43766a8\" tg-width=\"640\" tg-height=\"423\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Before displaying the 2021 data, please note that the Contribution Margin grew 24% in Q1 2022 (highlighted in yellow). The growth through Q3 2021 is displayed below and is also highlighted in yellow. Through the first three quarters of 2021, Contribution Margin grew by 64%, however, it slowed dramatically to 37% in Q3 2021 and 27% in Q4 2021 (not shown below). The research and development expense stagnation highlighted in blue, both above and below, will shed some light on the dynamics at play.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1eb3259f5f1b0ee57573816b7dd3484e\" tg-width=\"640\" tg-height=\"247\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>While the Contribution Margin is in a similar deceleration trend as most of Palantir&#39;s business metrics, at 24% growth in Q1 2022, the growth rate remains above all other metrics. The higher growth rate of Palantir&#39;s Contribution Margin in the face of stagnating adjusted income and declining cash flows is likely an artifact of the Investee program that was active through Q1 2022 and which was recently terminated.</p><p>In essence, Palantir invested in companies (Investees) in return for software sales commitments. Sales to such customers accounted for $39 million of Q1 2022 total sales. Notice in the first table that the 24% Contribution Margin growth in Q1 2022 equates to an increase of $48 million compared to Q1 2021. The Investee sales likely required little in the way of research and development or general and administrative expenses. Palantir acquired and implemented the relationships via an investment agreement.</p><p>As a result, the Contribution Margin growth of 24% in Q1 2022 is likely inflated by up to $39 million. Removing this would result in Contribution Margin growth of just 4%, which is more in line with the adjusted income stagnation and cash flow contraction. The stagnation of research and development expenses from Q3 2021 to Q1 2022 (highlighted in blue in the above tables) suggests that this is the correct inference regarding the inflated growth of Palantir&#39;s Contribution Margin compared to its other performance metrics.</p><p><b>Research and Development</b></p><p>In my February report, I highlighted the rapid slowdown of research and development expenses as a likely negative signal. The reason for this is Palantir&#39;s unique sales cycle compared to standard enterprise software companies. I covered the details of Palantir&#39;s unique sales cycle and customer cohorts in the prior report. The essence is captured by the following quote from the February article:</p><blockquote>The research and development investment slowdown could be a negative read through for sales growth as R&amp;D is an integral part of the sales process. Research and development expenses should track the sales cycle through the three customer phases: Acquire, Expand, and Scale… This does not appear to be happening at the moment.</blockquote><p>The following passage from Palantir&#39;s 2021 10-K supports my interpretation of the signal being sent by Palantir&#39;s stagnant research and development investment.</p><blockquote>We believe that in order to fully address the most complex and valuable challenges that our customers face, we must experience and understand their problems firsthand… we embed with our users. Our research and development function is responsible for the design, development, testing, validation, and refinement of our platforms, and embedding with our users allows us to identify research and development opportunities…</blockquote><p>In summary, all profit growth measures look to be on a stagnating trajectory at minimum and point to an elevated risk of disappointment in regard to consensus earnings growth estimates. As a result, a primary challenge in evaluating the timing of an investment in Palantir is inferring what is priced into the shares on the sales and earnings growth front. With consensus growth estimates and the underlying trends in hand, we can begin to construct Palantir&#39;s potential return spectrum.</p><p><b>Technicals</b></p><p>The technical backdrop provides an excellent bird&#39;s eye view of Palantir&#39;s upside return potential, while fundamental measures will dominate the downside return potential given that Palantir is testing new all-time lows. The following 2-year daily chart captures Palantir&#39;s IPO and the essence of the technical backdrop. I have highlighted the key resistance levels (technical upside targets) with orange lines.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7a15fef920f0c09c71a9d697b708eaa\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 2-year daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Given the recent break to all-time lows, there are no visible technical support levels. The 1-year daily chart below provides a closer look.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/806868dae1d9a75949a30a224137e08e\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 1-year daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Please note that the gold line represents the 50-day moving average and the grey line denotes the 200-day moving average. At roughly $8 per share, Palantir is deeply oversold as is evidenced by it being 128% away from its 200-day moving average. The 200-day moving average happens to coincide with the second resistance level. This is likely to be a very heavy resistance zone as it served as the primary support level during Q2 and Q4 of 2021.</p><p>Before testing the upper resistance levels, Palantir will first have to clear the first resistance level near the IPO price of $10. The following 6-month daily chart zooms in on this first resistance level.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94142f6bc2a59a08e88cd3e3422a9c12\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 6-month daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Notice that trading volume is dropping off following the two-day rally off the recent all-time low. This suggests that Palantir is likely to retest the all-time lows toward $6. A retest of the lows and the need for more extensive base building is well supported by the fundamental deterioration discussed above, as well as in my February report. This interpretation is also supported by the fact that Palantir still trades at an elevated valuation of 8.5x the 2022 consensus sales estimate and 51x the consensus non-GAAP EPS estimate.</p><p><b>Potential Return Spectrum</b></p><p>The upside return potential to each of the technical resistance levels is summarized in the table below. I have estimated the downside return potential using various comparable company valuations in the software industry: <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> (CRM), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), and Splunk (SPLK). These comparables are a good representation of current valuations throughout the software sector. The lowest downside return estimate is arrived at by applying the market multiple to Palantir&#39;s 2022 EPS estimate.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69450b8413221d5ba42faa5de2a4591f\" tg-width=\"640\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted in yellow what I view as the most likely nearer-term return spectrum of -30% to +128%. The blue highlighted cells represent my estimation of the nearer-term (1-3 years) extremes of the potential return spectrum, which ranges from -44% to +239%.</p><p>The -60% downside potential cannot be ruled out if Palantir&#39;s growth disappointment persists, however, I view this as a low probability level even with further disappointment. On the upside, assuming Palantir begins to gain material traction in the Commercial segment, all-time highs within a 5-year time frame are a reasonable possibility. If so, the upside opportunity is extraordinary at +463%.</p><p><b>Summary</b></p><p>All told, Palantir&#39;s risk/reward asymmetry is heavily skewed to the upside. The vast nature of its long-term opportunity combined with its well-advanced valuation correction should bring all secular growth investors to attention. With the stock highly likely to retest recent lows or lower while building a base, the time is now to plan and execute an accumulation strategy for those seeking exceptional return potential.</p><p>If Palantir can execute on its growth plan and become some version of what AWS was to the last decade, the upside potential is truly vast. In conclusion, my prior quote captures the essence of the Palantir investment case, from the perspective of the company and its business as well as that of an investor: &#34;We have visibility into the upside, and the upside is quite large.&#34;</p><p><b>Investee Details</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54e74788c15daaafe35356e42375e00c\" tg-width=\"640\" tg-height=\"474\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></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>Palantir: Visibility Into The Upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: Visibility Into The Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-20 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.Management stated that its Foundry platform could be to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2236338440","content_text":"SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.Management stated that its Foundry platform could be to the coming decade what Amazon’s AWS was to the last, offering a glimpse into the vast upside potential.Palantir has suspended its SPAC investment strategy, eliminating a major customer acquisition red flag after unrealized losses surpassed $200 million.With growth slowing, the open question is whether Palantir can broadly penetrate the enterprise software market and the non-US and UK government market.Palantir offers one of the largest long-term growth opportunities in the marketplace. With the shares down 87% and expectations adjusting lower, there is increasing visibility into the upside potential.agawa288/iStock via Getty ImagesI am assigning Palantir (NYSE:PLTR) a positive risk/reward rating based on the vast nature of its long-term opportunity set, its increasingly attractive valuation, and its deeply oversold technical position. In my prior Palantir report from February 3, 2022, I made the following observation of the likely downside potential for Palantir:To estimate downside potential beneath $10, I apply an earnings multiple of 40x the 2022 non-GAAP consensus earnings estimate… would place Palantir shares at $8… If the 39% consensus earnings estimate for 2022 is too high, further downside from $8 is in the realm of possibility… I apply the same 40x non-GAAP earnings to my estimate of Palantir's current annual run rate… If earnings growth comes in at 25% for 2022 (my estimate of adjusted gross profit growth as of Q3 2021)… the shares could trade down to $6.In fact, the shares touched a low of $6.44 on May 12, 2022, punctuating a vicious -32% selloff following the company's Q1 2022 earnings release. Interestingly, consensus earnings growth estimates are now aligned with my previous 25% earnings growth estimate for 2022. The extraordinary volatility is a reminder that Palantir is for those seeking exceptional growth potential with the associated risk.Nonetheless, the shares are testing a reasonable valuation zone, as outlined in my prior report. Additionally, Palantir's stock is down roughly 87% from its all-time high reached in 2021. As a result, it is fair to say that a significant amount of risk has already materialized and thus has been removed from Palantir's share price.Risk/Reward Rating: PositiveWhile taking notes during Palantir's Q1 2022 earnings conference call, one line, in particular, stood out and captures the essence of the Palantir investment case. The following is a paraphrase of my notes from the call: \"What AWS was to the last decade, Foundry will be to the next.\"Foundry is one of three primary platforms offered by Palantir. This type of vision speaks to the upside opportunity that many envision for Palantir's future. Most investors attribute the majority of Amazon's (AMZN) $1.2 trillion market value to its AWS division. As a result, even a fraction of an AWS-like opportunity represents extraordinary growth potential for Palantir and its shareholders. Palantir's current valuation is near $18 billion (using the fully diluted share count) and trending lower.Growth TrajectoryIn terms of its growth potential, Palantir continues to guide investors to 30% revenue growth per year through 2025. The 32% selloff in the shares following the reiteration of this guidance speaks to the challenge facing Palantir's stock in the near term. The market has clearly signaled that it doubts whether management's 30% growth guidance can be achieved. I spoke to the high likelihood that growth would disappoint in my February report after breaking down Palantir's growth by customer cohort (emphasis added):Similar to the Scale cohort growth rate annualizing at 20% in 2021, the new customer sales growth rate is annualizing at 22% through Q3 2021… As a result, Palantir appears to be trending toward an underlying sales growth rate closer to 20% than the company's 30% sales growth guidance through mid-decade.Now that the risk of disappointment has materialized, the market is increasingly uncertain about the sustainable growth trajectory for Palantir. To tackle this question, I compiled Palantir's segment sales performance for Q1 2022 and the full year of 2021 to construct a picture of the near-term growth trajectory. The following two tables were compiled from Palantir's Q1 2022 10-Q and 2021 10-K filed with the SEC. The first table displays Q1 2022 and the second displays 2021. Please note that I have color-coded the related cells for comparison within and between the tables.Created by Brian Kapp, stoxdoxBefore adding the 2021 table for comparison, note that Palantir grew its revenue by just over 19% in Q1 2022, excluding revenue from Investees (the lower blue highlighted cell). Please compare the 19% growth in Q1 2022 to the blue highlighted cells in the table below for 2021. The growth deceleration is material excluding Investee revenue.I would highly recommend reading my prior report for a detailed discussion of the Investee situation. A summary of the current Investees is included at the end of this article for those interested. In essence, investing in companies in return for software sales to those same companies is not a sustainable customer acquisition strategy.As a result, I and many others exclude sales to Investees from view when trying to determine Palantir's sustainable growth trajectory. Interestingly, Palantir stated on the Q1 2022 conference call that they have discontinued the Investee program thus removing a major red flag going forward.Created by Brian Kapp, stoxdoxNotice that total sales grew nearly 37% excluding Investees in 2021 (the lower blue highlighted cell). It should be noted that the growth rate in Q3 2021 was 29% and in Q4 2021 it was 25% (not shown here). The 19% growth posted in Q1 2022 is a substantial deceleration, however, it is generally in line with what one would expect given the preexisting slowdown in Palantir's growth trajectory.I have highlighted in yellow the total dollar growth of revenue for Q1 2022 and the full year of 2021 (excluding sales to Investees). The $66 million of revenue growth in Q1 2022 annualizes at $264 million, in comparison to the $401 million of revenue growth posted in 2021. While Palantir experiences some cyclicality, with the potential for stronger sales in the second half of the year, the Q1 2022 sales figure looks quite weak.In fact, in Q1 2021, Palantir grew sales by $112 million (not shown here) which annualized at $448 million compared to the actual sales growth achieved in 2021 of $401 million (excluding Investee revenue). As a result, the Q1 2022 sales growth figure, which annualizes at $264 million, is worrisome when compared to 2021 and the company's 30% sales growth guidance.If sales growth were to come in at $264 million for all of 2022 (excluding Investees), Palantir would grow at 17%. With 19% growth in Q1 2022, down from 37% in 2021, 17% growth would represent a stabilization of the existing downtrend rather than a continuation of Palantir's growth deceleration.Growth stabilization looks to be a possibility as the following paraphrase from my Q1 2022 conference call notes highlights. The paraphrase pertains to management's discussion of Palantir's near-term sales guidance which disappointed investors (emphasis added): \"We have visibility into the upside, and the upside is quite large.\"Upside VisibilityThe bolded text in the above quote inspired the title for this report. It also captures the increasing upside visibility available to investors as Palantir's share price continues to fall. In terms of what could drive Palantir's revenue upside, management believes that US government sales will reaccelerate as 2022 unfolds. The 16% growth posted in Q1 2022 is well below the historical Government segment growth rate of 30% per year. This segment could certainly stabilize Palantir's growth rate as it represents 54% of sales as of Q1.With Commercial segment sales growth stable in 2021 and Q1 2022 near 24% per year (excluding Investee revenue), the Government segment trending back towards its historical growth rate of 30% would return Palantir to the ballpark of its 30% annual sales growth guidance.The following table highlights another Government segment growth vector that could open up given the extreme level of geopolitical instability and the structural ripple effects into the Commercial segment. These ripple effects are most clearly visible in the widespread failure of supply chains in recent times. The table was compiled from Palantir's Q1 2022 10-Q filed with the SEC. I have highlighted the additional Government growth vector.Created by Brian Kapp, stoxdoxThe US government represented 42% of Palantir's total sales in Q1 2022 or approximately $187 million. The UK is a large government customer as well, with the Royal Navy and NHS being notable Palantir customers. I estimate that the US and UK governments account for approximately 92% of Palantir's total Government segment sales. As a result, the vast majority of the rest of world sales in the above table represent Commercial segment sales. I estimate commercial sales comprise 84% of Palantir's rest of world revenue.There is extraordinary upside potential for Palantir in the Government segment globally at only 16% of rest of world sales. With the US and UK governments serving as early adopters, other governments are likely to be incentivized to explore Palantir's capabilities.Greater integration with the US and UK should become increasingly attractive for the rest of the world category. This is especially true given the geopolitical situation and associated commercial disruptions. The possibility that this could become a growth vector for Palantir is highlighted by the following two paraphrases from my Q1 2022 conference call notes: \"The nuclear threat is much higher than is believed or than is being portrayed in the media.\"The underappreciated risk of nuclear events, while at the extreme end of the risk spectrum that Palantir's products help address, serves to accentuate the opportunity set for Palantir. There are an unlimited number of geopolitical risk vectors for the Government segment with direct ripple effects into the Commercial segment. These risks are now on the front burner for the world's governments and enterprises alike.The second paraphrase from my notes pertains to the spillover of geopolitical tensions into the commercial realm and the disruption of supply chains in particular: \"Literally every function of every business is breaking.\"In essence, Palantir believes that the rapid escalation of geopolitical risks (Russia and China in particular) and the spillover into the commercial sector represents an ideal backdrop for Palantir to sell into, given the company's deep roots in national security and mission-critical operations. I tend to agree overall with this positive competitive assessment for the coming years. These dynamics could very well lead to nearer-term growth opportunities that could surprise to the upside once the current growth disappointment dissipates and expectations are fully reset.Consensus Growth EstimatesInterestingly, consensus revenue growth estimates remain unchanged since my February report. As evidenced by Palantir's collapsing share price, the market has sent a clear signal of no confidence in Palantir achieving 30% sales growth. That said, consensus growth estimates continue to embed the company's 30% sales growth guidance. Please note that consensus sales estimates include Investee revenue which should account for 6% of total sales in 2022. The following tables were compiled from Seeking Alpha and my prior article and display consensus estimates as of 5-15-22 compared to 2-2-22.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted 2022 and 2023 for ease of comparison. Based on the underlying 17% to 19% sales growth trajectory as of Q1 2022 discussed above, the likelihood of missing estimates in 2022 and 2023 is elevated. This is especially true for sales in light of the termination of the Investee customer acquisition strategy. While consensus revenue estimates remain unchanged and at risk, earnings estimates have ratcheted lower since my last report as can be seen in the following table.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted in yellow the consensus earnings estimates for 2022 and 2023 which have declined by -20% and -14%, respectively, since February 2. Additionally, notice that the valuation multiple has contracted by 18%, from 62x to 51x the 2022 consensus estimate (highlighted in blue). The valuation multiple contracted 22%, from 45x to 35x the 2023 consensus earnings estimate. Please note that these are non-GAAP earnings estimates as Palantir currently operates at a loss on a GAAP basis.Nonetheless, when earnings and valuation multiples are moving in the same direction, amplified price volatility is the end result. As investors, we are looking for situations in which earnings estimates and valuation multiples are moving up together, creating amplified upside opportunities. Palantir is clearly undergoing the opposite at the moment.Profitability TrendsThere remains further risk to consensus earnings estimates for 2022 and 2023 as is evidenced by the company's various profitability measures. When reviewing the underlying trend in Palantir's profitability measures, consensus estimates for 25% and 47% growth in 2022 and 2023, respectively, appear to be at risk. The following table was compiled from Palantir's Q1 2022 10-Q filed with the SEC and displays the company's adjusted operating income growth (highlighted in yellow).Created by Brian Kapp, stoxdoxWhile Palantir's GAAP income is improving from -$114 million to -$39 million, its adjusted operating income has stagnated for all intents and purposes. The signs of profitability stagnation are also evident in Palantir's cash flow statement below (compiled from the same 10-Q). I have highlighted the key data points.Created by Brian Kapp, stoxdoxImportantly, Palantir's Q1 cash flow from operations declined by 70% to $35 million in Q1 2022, while free cash flow turned decidedly negative (the yellow highlighted cells versus the blue highlighted cells). I have included Palantir's investments in Investees in my free cash flow estimation. This amounted to $89.5 million in Q1 and was recently discontinued. Regardless, Palantir's declining cash flows fully support the message from its stagnant adjusted income. The consensus earnings estimates of 25% for 2022 and 47% for 2023 are clearly at risk.Key Business MeasurePalantir utilizes a KPI or Key Performance Indicator for allocating resources internally, which is closely related to the concept of gross profit margin, called Contribution Margin. For a more detailed discussion of this metric, please see my February report. The underlying trajectory of this KPI is similar to the adjusted income and cash flow trends above, if less extreme.The following tables display Palantir's Contribution Margin and were compiled from the company's Q1 2022 10-Q and my previous Palantir report. The first table displays Q1 2022 and the second displays the trend through Q3 2021. Please note that I have color-coded the related cells for comparison within and between the tables.Created by Brian Kapp, stoxdoxBefore displaying the 2021 data, please note that the Contribution Margin grew 24% in Q1 2022 (highlighted in yellow). The growth through Q3 2021 is displayed below and is also highlighted in yellow. Through the first three quarters of 2021, Contribution Margin grew by 64%, however, it slowed dramatically to 37% in Q3 2021 and 27% in Q4 2021 (not shown below). The research and development expense stagnation highlighted in blue, both above and below, will shed some light on the dynamics at play.Created by Brian Kapp, stoxdoxWhile the Contribution Margin is in a similar deceleration trend as most of Palantir's business metrics, at 24% growth in Q1 2022, the growth rate remains above all other metrics. The higher growth rate of Palantir's Contribution Margin in the face of stagnating adjusted income and declining cash flows is likely an artifact of the Investee program that was active through Q1 2022 and which was recently terminated.In essence, Palantir invested in companies (Investees) in return for software sales commitments. Sales to such customers accounted for $39 million of Q1 2022 total sales. Notice in the first table that the 24% Contribution Margin growth in Q1 2022 equates to an increase of $48 million compared to Q1 2021. The Investee sales likely required little in the way of research and development or general and administrative expenses. Palantir acquired and implemented the relationships via an investment agreement.As a result, the Contribution Margin growth of 24% in Q1 2022 is likely inflated by up to $39 million. Removing this would result in Contribution Margin growth of just 4%, which is more in line with the adjusted income stagnation and cash flow contraction. The stagnation of research and development expenses from Q3 2021 to Q1 2022 (highlighted in blue in the above tables) suggests that this is the correct inference regarding the inflated growth of Palantir's Contribution Margin compared to its other performance metrics.Research and DevelopmentIn my February report, I highlighted the rapid slowdown of research and development expenses as a likely negative signal. The reason for this is Palantir's unique sales cycle compared to standard enterprise software companies. I covered the details of Palantir's unique sales cycle and customer cohorts in the prior report. The essence is captured by the following quote from the February article:The research and development investment slowdown could be a negative read through for sales growth as R&D is an integral part of the sales process. Research and development expenses should track the sales cycle through the three customer phases: Acquire, Expand, and Scale… This does not appear to be happening at the moment.The following passage from Palantir's 2021 10-K supports my interpretation of the signal being sent by Palantir's stagnant research and development investment.We believe that in order to fully address the most complex and valuable challenges that our customers face, we must experience and understand their problems firsthand… we embed with our users. Our research and development function is responsible for the design, development, testing, validation, and refinement of our platforms, and embedding with our users allows us to identify research and development opportunities…In summary, all profit growth measures look to be on a stagnating trajectory at minimum and point to an elevated risk of disappointment in regard to consensus earnings growth estimates. As a result, a primary challenge in evaluating the timing of an investment in Palantir is inferring what is priced into the shares on the sales and earnings growth front. With consensus growth estimates and the underlying trends in hand, we can begin to construct Palantir's potential return spectrum.TechnicalsThe technical backdrop provides an excellent bird's eye view of Palantir's upside return potential, while fundamental measures will dominate the downside return potential given that Palantir is testing new all-time lows. The following 2-year daily chart captures Palantir's IPO and the essence of the technical backdrop. I have highlighted the key resistance levels (technical upside targets) with orange lines.Palantir 2-year daily chart (Created by Brian Kapp using a chart from Barchart.com)Given the recent break to all-time lows, there are no visible technical support levels. The 1-year daily chart below provides a closer look.Palantir 1-year daily chart (Created by Brian Kapp using a chart from Barchart.com)Please note that the gold line represents the 50-day moving average and the grey line denotes the 200-day moving average. At roughly $8 per share, Palantir is deeply oversold as is evidenced by it being 128% away from its 200-day moving average. The 200-day moving average happens to coincide with the second resistance level. This is likely to be a very heavy resistance zone as it served as the primary support level during Q2 and Q4 of 2021.Before testing the upper resistance levels, Palantir will first have to clear the first resistance level near the IPO price of $10. The following 6-month daily chart zooms in on this first resistance level.Palantir 6-month daily chart (Created by Brian Kapp using a chart from Barchart.com)Notice that trading volume is dropping off following the two-day rally off the recent all-time low. This suggests that Palantir is likely to retest the all-time lows toward $6. A retest of the lows and the need for more extensive base building is well supported by the fundamental deterioration discussed above, as well as in my February report. This interpretation is also supported by the fact that Palantir still trades at an elevated valuation of 8.5x the 2022 consensus sales estimate and 51x the consensus non-GAAP EPS estimate.Potential Return SpectrumThe upside return potential to each of the technical resistance levels is summarized in the table below. I have estimated the downside return potential using various comparable company valuations in the software industry: Salesforce (CRM), Workday (WDAY), and Splunk (SPLK). These comparables are a good representation of current valuations throughout the software sector. The lowest downside return estimate is arrived at by applying the market multiple to Palantir's 2022 EPS estimate.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted in yellow what I view as the most likely nearer-term return spectrum of -30% to +128%. The blue highlighted cells represent my estimation of the nearer-term (1-3 years) extremes of the potential return spectrum, which ranges from -44% to +239%.The -60% downside potential cannot be ruled out if Palantir's growth disappointment persists, however, I view this as a low probability level even with further disappointment. On the upside, assuming Palantir begins to gain material traction in the Commercial segment, all-time highs within a 5-year time frame are a reasonable possibility. If so, the upside opportunity is extraordinary at +463%.SummaryAll told, Palantir's risk/reward asymmetry is heavily skewed to the upside. The vast nature of its long-term opportunity combined with its well-advanced valuation correction should bring all secular growth investors to attention. With the stock highly likely to retest recent lows or lower while building a base, the time is now to plan and execute an accumulation strategy for those seeking exceptional return potential.If Palantir can execute on its growth plan and become some version of what AWS was to the last decade, the upside potential is truly vast. In conclusion, my prior quote captures the essence of the Palantir investment case, from the perspective of the company and its business as well as that of an investor: \"We have visibility into the upside, and the upside is quite large.\"Investee DetailsCreated by Brian Kapp, stoxdox","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023522903,"gmtCreate":1652933750202,"gmtModify":1676535192272,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"👍 ok","listText":"👍 ok","text":"👍 ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023522903","repostId":"2236797581","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023522059,"gmtCreate":1652933721171,"gmtModify":1676535192272,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"[OK]&nbsp;ok","listText":"[OK]&nbsp;ok","text":"[OK] ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023522059","repostId":"2236797581","repostType":4,"repost":{"id":"2236797581","pubTimestamp":1652932286,"share":"https://ttm.financial/m/news/2236797581?lang=&edition=fundamental","pubTime":"2022-05-19 11:51","market":"us","language":"en","title":"Tesla: Timing Is Everything","url":"https://stock-news.laohu8.com/highlight/detail?id=2236797581","media":"seekingalpha","summary":"SummaryYou hear a lot about timing when it comes to the stock market.“You can’t time the market” is ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>You hear a lot about timing when it comes to the stock market.</li><li>“You can’t time the market” is one of the most often used maxims I’m sure many of you have heard, and even more adhere to. Nonetheless, I beg to differ.</li><li>You can time the market, albeit not perfectly. That being said, I have just bought back into Tesla after selling based on the recent 25% pullback.</li><li>Even so, I do agree, &#34;time in&#34; the market, not &#34;timing&#34; the market, creates true wealth, as my father would say.</li><li>In the following piece, I will expound on my thoughts regarding market timing and explain why I bought back into Tesla.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5a1229b9c7f7f78df1d901d2fde69ea\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Sjo/iStock Unreleased via Getty Images</span></p><p><b>Why now is an ideal time to buy Tesla</b></p><p>Yes, yes I know you can&#39;t time the markets. Yet, you can make an educated determination as to when the best time to buy or sell a position in a stock may be. How else would you be able to buy low and sell high, as they say? Like my father always said, “At some point you have to take profits to make profits.” Meaning, it’s all unrealized paper gains until you actually sell. Now let’s get down to business. The following are the primary reasons I sold Tesla (NASDAQ:TSLA) in the first place and then bought it back recently after a 25% pullback.</p><p><b>First things first</b></p><p>I would like to set the stage regarding what “kind” of stock I believe Tesla is. I see a lot articles and pundits arguing Tesla is a “car” stock. The car stock cadre are always the uber bears. They list off several of Tesla’s incredible, or incredulous (depending on your viewpoint), fundamental statistics. The fact Tesla’s market cap of $764 billion is greater than all the other car company’s stocks combined, the forward P/E ratio of 48.20, P/S ratio of 13, P/B ratio of 23, and last but not least, the P/FCF ratio of 53. I must admit those fundamental statistics appear extremely outlandish.</p><p>The problem is, Tesla is not a car stock, so the entire argument is futile. Furthermore, these statistics are based on present metrics. Tesla’s stock trades on future projected results. Let me explain.</p><p><b>Tesla is not a “car” stock</b></p><p>I submit Tesla is not a car stock. It’s a long duration &#34;story&#34; stock. These types of stock’s occur throughout all sectors. Moreover, their valuations are based in large part on potential cash flows expected in the distant future. They&#39;re commonly referred to as &#34;long-duration assets.&#34;</p><p>Tesla’s stock definitely fits the bill of a long-duration asset “story” stock. In fact, I surmise it has reached “cult” stock status based on the reverence its shareholders display. When the bulls and bears begin debating the sky-high valuation of Tesla, it&#39;s more akin to the rumble between the Greasers and the Socs in the movie &#34;The Outsiders&#34; than anything else. What’s more, the Tesla bulls do have some ammunition when it come to their lofty projections. Here&#39;s why.</p><p><b>Tesla revenue 5 year chart</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab99bfe7748553a39961171fad2fc738\" tg-width=\"640\" tg-height=\"213\" width=\"100%\" height=\"auto\"/><span>5-year revenue growth (YCharts)</span></p><p><b>Tesla gross profit 5-year chart</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7ac0c43a94e2f8a570de132e416f31d\" tg-width=\"640\" tg-height=\"208\" width=\"100%\" height=\"auto\"/><span>5-year Gross profit Growth (YCharts)</span></p><p>Tesla’s revenue and gross profits are increasing by leaps and bounds. On top of this, Tesla’s sales for the recent quarter were up 80% and EPS up a whopping 640% quarter over quarter. Additionally, EPS had growth at a 50% clip for the past five years and is expected to grow by 40% for the next five years. So, as you can see there is a case to be made Tesla deserves an elevated valuation. Now let’s tackle the competition aspect of the equation.</p><p><b>Lots of new competition, yes but…</b></p><p>There&#39;s a lot of new EV competitors in the space. There&#39;s no disputing this. My second choice is Ford (F) which just introduced the new EV Ford F150 Lightning. Yet, Tesla does have several first mover advantages over the competition. The primary <a href=\"https://laohu8.com/S/AONE.U\">one</a> is Tesla’s charging infrastructure.</p><p><b>Tesla’s vastly superior charging infrastructure</b></p><p>My friend and fellow CNBC compatriot Brian “Sully” Sullivan recently performed a very enlightening experiment where he went on a long-distance road trip across California in a non-Tesla EV. You can watch the short video of the results of the trip here. Needless to say, it was an eye-opener. The bottom line is, the other EV car companies have a long way to go to catch up with Tesla in regards to charging stations. See graphic of Tesla super-charging stations across North America.</p><p><b>Tesla Super charging station map</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f8250ffd495c652144b8dce9d70a2fc2\" tg-width=\"640\" tg-height=\"374\" width=\"100%\" height=\"auto\"/><span>Tesla North American Supercharging Station Map (Tesla.com)</span></p><p>With 30,000+ Superchargers, Tesla owns and operates the largest global, fast charging network in the world. The charging stations are located on major routes and near convenient amenities. Furthermore, based on Sully’s experiment, the competition is woefully behind the curve. Nonetheless, the Biden administration has allocated billions to get EV charging infrastructure in place. Even so, based on past experience, I don’t have a lot of faith in the government’s execution. Government projects rarely come in on time and almost always over budget. So, I see Tesla’s lead in charging stations as a major competitive advantage.</p><p>The bottom line is, Tesla doesn’t trade on fundamentals or valuation at all. It’s a story stock as I stated earlier. Furthermore, I have held the stock for the past 10 years in a tax advantaged account with substantial unrealized gains in the position. As my father instilled in me, I believe it’s “time in” the market, not “timing” the market, that creates true wealth. At this point in time, I have well over a million-dollar net worth based on this fact.</p><p><b>Tesla 10-year return on investment</b></p><p>I made my initial investment in Tesla back in 2012 and have held through the many highs and lows over the last 10 years.</p><p><b>Tesla 10-year chart</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c6f4a069c5d0a8d1c46387167c52d8f\" tg-width=\"640\" tg-height=\"285\" width=\"100%\" height=\"auto\"/><span>Tesla Long-term Chart (Finviz)</span></p><p>A $1,000 investment in Tesla in 2012 would be worth over $150,000 now, that’s more than a 18,000% return. A similar investment in the S&amp;P 500 would have given you an approximate 350% return. One of the primary reasons I sold was the fact I&#39;m 10 years older now. At nearly, 60, my priorities have changed. I&#39;m transitioning from a primarily growth portfolio to an income and dividend retirement portfolio.</p><p>Even so, I&#39;m not dead yet and saw an opportunity to jump back in to Tesla after a 25% drawdown. What’s more, I posit Tesla’s stock trades on the technical, not fundamental status. In fact, the stock just bounced off major support. Let me explain.</p><p><b>Tesla technical analysis</b></p><p>Tesla’s stock fallen 25% since I took profits on my long-term position.</p><p><b>Tesla current chart</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/792ea9bbefed3d777ecfcc34810ab1eb\" tg-width=\"640\" tg-height=\"199\" width=\"100%\" height=\"auto\"/><span>Tesla Current Chart (Finviz)</span></p><p>I sold for several reasons as I have already stated. Yet, none were related to the fact I felt Tesla didn’t still have a solid growth story going forward. The primary reason was I saw Musk’s <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR) buy causing a major pullback in the stock. Well, turns out I made the correct call on that. After owning a stock long term you begin to become attuned to what may or may not cause gyrations in the name. Yet, after a 25% drop and subsequent bounce off support which created a double bottom trend reversal signal, I decided to jump back in at 25% of my initial position. This is basically betting with the houses’ money for me at this point. If I hadn’t sold, I would be down 25% on the investment. It’s basically a freeroll on Tesla, that is hard to pass up. Now let’s wrap this up.</p><p><b>The Wrap Up</b></p><p>I believe Tesla’s first mover advantage will continue to provide a large margin of safety for investors. The massive head start regarding super charging infrastructure will be a key catalyst for the company going forward. Sure, substantial competition is on the way. That&#39;s a major reason why I took a portion of my Tesla gains and added to my position in Ford (F), which I have owned for over ten years as well. The fact of the matter is there&#39;s plenty of room for some competition with the expansive total addressable EV market.</p><p>The cherry on top for me is Elon Musk. I truly believe he may be one of the smartest men alive (if not the smartest). How can he not be? Musk made the savvy move of transitioning Tesla and SpaceX headquarters to my home sate of Texas from California which will definitely improve profit margins. I could go more into detail as to why the move to Texas was extremely shrewd, but I don’t want to upset the California Tesla shareholders anymore than they already are.</p><p><b>Final Note</b></p><p>The stock market is under pressure again as I wrap up this piece. There&#39;s a fine art to catching falling knives. It entails layering into new positions over time to reduce risk. I have only bought back one quarter of my original position, for example. In extremely volatile times such as these, you will want to have plenty of dry powder if the stock continues lower.</p><p>My overriding US Army 10th Mountain Winter Warrior investing motto is “patience equals profits.”</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: Timing Is Everything</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: Timing Is Everything\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-19 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4512969-tesla-timing-is-everything><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryYou hear a lot about timing when it comes to the stock market.“You can’t time the market” is one of the most often used maxims I’m sure many of you have heard, and even more adhere to. ...</p>\n\n<a href=\"https://seekingalpha.com/article/4512969-tesla-timing-is-everything\">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/4512969-tesla-timing-is-everything","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2236797581","content_text":"SummaryYou hear a lot about timing when it comes to the stock market.“You can’t time the market” is one of the most often used maxims I’m sure many of you have heard, and even more adhere to. Nonetheless, I beg to differ.You can time the market, albeit not perfectly. That being said, I have just bought back into Tesla after selling based on the recent 25% pullback.Even so, I do agree, \"time in\" the market, not \"timing\" the market, creates true wealth, as my father would say.In the following piece, I will expound on my thoughts regarding market timing and explain why I bought back into Tesla.Sjo/iStock Unreleased via Getty ImagesWhy now is an ideal time to buy TeslaYes, yes I know you can't time the markets. Yet, you can make an educated determination as to when the best time to buy or sell a position in a stock may be. How else would you be able to buy low and sell high, as they say? Like my father always said, “At some point you have to take profits to make profits.” Meaning, it’s all unrealized paper gains until you actually sell. Now let’s get down to business. The following are the primary reasons I sold Tesla (NASDAQ:TSLA) in the first place and then bought it back recently after a 25% pullback.First things firstI would like to set the stage regarding what “kind” of stock I believe Tesla is. I see a lot articles and pundits arguing Tesla is a “car” stock. The car stock cadre are always the uber bears. They list off several of Tesla’s incredible, or incredulous (depending on your viewpoint), fundamental statistics. The fact Tesla’s market cap of $764 billion is greater than all the other car company’s stocks combined, the forward P/E ratio of 48.20, P/S ratio of 13, P/B ratio of 23, and last but not least, the P/FCF ratio of 53. I must admit those fundamental statistics appear extremely outlandish.The problem is, Tesla is not a car stock, so the entire argument is futile. Furthermore, these statistics are based on present metrics. Tesla’s stock trades on future projected results. Let me explain.Tesla is not a “car” stockI submit Tesla is not a car stock. It’s a long duration \"story\" stock. These types of stock’s occur throughout all sectors. Moreover, their valuations are based in large part on potential cash flows expected in the distant future. They're commonly referred to as \"long-duration assets.\"Tesla’s stock definitely fits the bill of a long-duration asset “story” stock. In fact, I surmise it has reached “cult” stock status based on the reverence its shareholders display. When the bulls and bears begin debating the sky-high valuation of Tesla, it's more akin to the rumble between the Greasers and the Socs in the movie \"The Outsiders\" than anything else. What’s more, the Tesla bulls do have some ammunition when it come to their lofty projections. Here's why.Tesla revenue 5 year chart5-year revenue growth (YCharts)Tesla gross profit 5-year chart5-year Gross profit Growth (YCharts)Tesla’s revenue and gross profits are increasing by leaps and bounds. On top of this, Tesla’s sales for the recent quarter were up 80% and EPS up a whopping 640% quarter over quarter. Additionally, EPS had growth at a 50% clip for the past five years and is expected to grow by 40% for the next five years. So, as you can see there is a case to be made Tesla deserves an elevated valuation. Now let’s tackle the competition aspect of the equation.Lots of new competition, yes but…There's a lot of new EV competitors in the space. There's no disputing this. My second choice is Ford (F) which just introduced the new EV Ford F150 Lightning. Yet, Tesla does have several first mover advantages over the competition. The primary one is Tesla’s charging infrastructure.Tesla’s vastly superior charging infrastructureMy friend and fellow CNBC compatriot Brian “Sully” Sullivan recently performed a very enlightening experiment where he went on a long-distance road trip across California in a non-Tesla EV. You can watch the short video of the results of the trip here. Needless to say, it was an eye-opener. The bottom line is, the other EV car companies have a long way to go to catch up with Tesla in regards to charging stations. See graphic of Tesla super-charging stations across North America.Tesla Super charging station mapTesla North American Supercharging Station Map (Tesla.com)With 30,000+ Superchargers, Tesla owns and operates the largest global, fast charging network in the world. The charging stations are located on major routes and near convenient amenities. Furthermore, based on Sully’s experiment, the competition is woefully behind the curve. Nonetheless, the Biden administration has allocated billions to get EV charging infrastructure in place. Even so, based on past experience, I don’t have a lot of faith in the government’s execution. Government projects rarely come in on time and almost always over budget. So, I see Tesla’s lead in charging stations as a major competitive advantage.The bottom line is, Tesla doesn’t trade on fundamentals or valuation at all. It’s a story stock as I stated earlier. Furthermore, I have held the stock for the past 10 years in a tax advantaged account with substantial unrealized gains in the position. As my father instilled in me, I believe it’s “time in” the market, not “timing” the market, that creates true wealth. At this point in time, I have well over a million-dollar net worth based on this fact.Tesla 10-year return on investmentI made my initial investment in Tesla back in 2012 and have held through the many highs and lows over the last 10 years.Tesla 10-year chartTesla Long-term Chart (Finviz)A $1,000 investment in Tesla in 2012 would be worth over $150,000 now, that’s more than a 18,000% return. A similar investment in the S&P 500 would have given you an approximate 350% return. One of the primary reasons I sold was the fact I'm 10 years older now. At nearly, 60, my priorities have changed. I'm transitioning from a primarily growth portfolio to an income and dividend retirement portfolio.Even so, I'm not dead yet and saw an opportunity to jump back in to Tesla after a 25% drawdown. What’s more, I posit Tesla’s stock trades on the technical, not fundamental status. In fact, the stock just bounced off major support. Let me explain.Tesla technical analysisTesla’s stock fallen 25% since I took profits on my long-term position.Tesla current chartTesla Current Chart (Finviz)I sold for several reasons as I have already stated. Yet, none were related to the fact I felt Tesla didn’t still have a solid growth story going forward. The primary reason was I saw Musk’s Twitter (TWTR) buy causing a major pullback in the stock. Well, turns out I made the correct call on that. After owning a stock long term you begin to become attuned to what may or may not cause gyrations in the name. Yet, after a 25% drop and subsequent bounce off support which created a double bottom trend reversal signal, I decided to jump back in at 25% of my initial position. This is basically betting with the houses’ money for me at this point. If I hadn’t sold, I would be down 25% on the investment. It’s basically a freeroll on Tesla, that is hard to pass up. Now let’s wrap this up.The Wrap UpI believe Tesla’s first mover advantage will continue to provide a large margin of safety for investors. The massive head start regarding super charging infrastructure will be a key catalyst for the company going forward. Sure, substantial competition is on the way. That's a major reason why I took a portion of my Tesla gains and added to my position in Ford (F), which I have owned for over ten years as well. The fact of the matter is there's plenty of room for some competition with the expansive total addressable EV market.The cherry on top for me is Elon Musk. I truly believe he may be one of the smartest men alive (if not the smartest). How can he not be? Musk made the savvy move of transitioning Tesla and SpaceX headquarters to my home sate of Texas from California which will definitely improve profit margins. I could go more into detail as to why the move to Texas was extremely shrewd, but I don’t want to upset the California Tesla shareholders anymore than they already are.Final NoteThe stock market is under pressure again as I wrap up this piece. There's a fine art to catching falling knives. It entails layering into new positions over time to reduce risk. I have only bought back one quarter of my original position, for example. In extremely volatile times such as these, you will want to have plenty of dry powder if the stock continues lower.My overriding US Army 10th Mountain Winter Warrior investing motto is “patience equals profits.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020174501,"gmtCreate":1652594777103,"gmtModify":1676535126930,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020174501","repostId":"2235748594","repostType":4,"repost":{"id":"2235748594","pubTimestamp":1652578501,"share":"https://ttm.financial/m/news/2235748594?lang=&edition=fundamental","pubTime":"2022-05-15 09:35","market":"us","language":"en","title":"Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=2235748594","media":"Motley Fool","summary":"The sellers seem to have overshot their targets with certain stocks, pricing in a scenario that's unlikely to happen.","content":"<html><head></head><body><p>If you&#39;re a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The<b> S&amp;P 500</b> (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are dramatically deeper in the red.</p><p>Beaten-down prices alone aren&#39;t enough of a reason to start scooping up stocks though, no matter how big their pullbacks might be. A company still has to be a name worth owning for the long haul, regardless of its price.</p><p>And, that&#39;s a tough thing to figure out for the S&amp;P 500&#39;s four worst performers for 2022 so far.</p><h2>What went wrong</h2><p>If you&#39;re wondering, the biggest losers among the S&amp;P 500&#39;s tickers so far this year are <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b> (PYPL 6.11%), <b>Align Technology</b> (ALGN 6.16%), <b>Etsy</b> (ETSY 4.80%), and <b>Netflix</b> (NFLX 7.65%), down 63%, 64%, 70%, and 75%, respectively, since the end of 2021. Ouch!</p><p>At first blush, there&#39;s not a common thread. Netflix was crushed because, for the first time in its history, it lost subscribers. Align Technology (the name behind Invisalign dental braces) is struggling with the lingering impact of the COVID-19 pandemic. E-commerce platform Etsy is still trying to figure out what it is in a marketplace that includes competitors like <b>Amazon</b>, as well as empowering, DIY e-commerce platforms like those offered by <b>Shopify</b>. And PayPal? Despite continued revenue growth, investors still believe alternative payment options will chip away at its market share.</p><p>There&#39;s more commonality to these setbacks, however, than there seems on the surface. With the exception of Align, investors were genuinely surprised these companies&#39; smashing successes seen in 2020 and into 2021 -- in the throes of the COVID-19 pandemic -- didn&#39;t persist into 2022.</p><p>In other words, the wrong kind of surprise can wreak havoc on a stock.</p><p>As for Align, while it never really thrived or suffered due to the coronavirus contagion (aside from logistical challenges linked to lockdowns), it&#39;s still dealing with the pandemic&#39;s fallout that&#39;s lasting far longer than anyone initially feared it might. Now the specter of an economic recession is prompting some consumers to rethink the immediate need for straighter teeth. Even so, it&#39;s an unexpected headwind that&#39;s rattling investors, turning them into sellers.</p><h2>Overzealous</h2><p>On the surface, it seems somewhat irrelevant. While the market may not have seen these struggles brewing, the sell-offs these tickers have dished out still just reflect how these companies are performing right now.</p><p>Except, that may not quite be the case.</p><p>Yes, the direction these stocks have been moving jibes with the turn these companies&#39; businesses have taken. The depth to which investors respond to lackluster results, however, can vary depending on expectations. If the market knows that so-so earnings are in the cards, the revelation of lackluster numbers doesn&#39;t send investors into a panic...when the selling really ramps up. If investors know to brace for bad news, then stocks are typically eased into a more appropriate price to reflect that reality.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F679670%2Fbuy-hold-sell.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><p>The alternative? Shock takes an exaggerated toll on a stock&#39;s price. That&#39;s largely what&#39;s happened here with these four names.</p><p>Shock also distracts people from looking at the future rather than the past, when they should be doing just that.</p><p>Perhaps most problematic, however, is that these sell-offs have reached extreme proportions only because stocks tend to move in a herd. Once the selling stampede starts, it&#39;s tough to stop it, even when lower prices may not be merited for most of them.</p><h2>Think bigger-picture</h2><p>The question remains, however: Should you buy the S&amp;P 500&#39;s four worst-performing stocks of 2022 so far?</p><p>This isn&#39;t always the case, but right now, yes -- these stocks are too sold-off for long-term, buy-and-hold investors interested in them to simply pass them up.</p><p>While the pullbacks made enough sense, fear and panic have arguably taken more of a toll than they should have. Investors, as a crowd, are starting to think a little more level-headed though. While they know 2022 could be tough, they&#39;re also starting to see these aforementioned companies have viable plans to deal with it.</p><p>Netflix, for instance, could launch an ad-supported version of its streaming service as early as this year, appealing to value-minded senses that will be heightened if the economy is weak. While PayPal may be facing a kind of competition it&#39;s never faced before, it&#39;s also innovating new ways to keep its place as the world&#39;s biggest digital payment middleman. Just last month, it unveiled a cash-back credit card, and late last year allowed e-commerce sites built by <b>Wix</b> to offer buy-now, pay-later loans to their customers. Align and Etsy are adjusting, too.</p><p>Yet, none of these stocks&#39; already-overblown sell-offs reflect these initiatives.</p><p>And it&#39;s not just these four companies. A bunch of great stocks have been dragged lower than they deserve to be, for all the wrong reasons.</p><p>That&#39;s not to suggest any of these names have hit their absolute bottom, mind you. They may still lose more ground. It is to say, however, now that the dust of the knee-jerk selling is starting to settle as we push past the hysteria, the market&#39;s starting to realize that at least with some stocks, the selling was more than a little overboard. That makes many of these names great buys now, even if we&#39;re not all the way through the turbulence just yet. Better to be a little too early than a lot too late.</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>Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-15 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you're a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The S&P 500 (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","OEX":"标普100","BK4550":"红杉资本持仓","BK4581":"高盛持仓",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF","BK4504":"桥水持仓","OEF":"标普100指数ETF-iShares","BK4559":"巴菲特持仓","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF"},"source_url":"https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2235748594","content_text":"If you're a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The S&P 500 (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are dramatically deeper in the red.Beaten-down prices alone aren't enough of a reason to start scooping up stocks though, no matter how big their pullbacks might be. A company still has to be a name worth owning for the long haul, regardless of its price.And, that's a tough thing to figure out for the S&P 500's four worst performers for 2022 so far.What went wrongIf you're wondering, the biggest losers among the S&P 500's tickers so far this year are PayPal (PYPL 6.11%), Align Technology (ALGN 6.16%), Etsy (ETSY 4.80%), and Netflix (NFLX 7.65%), down 63%, 64%, 70%, and 75%, respectively, since the end of 2021. Ouch!At first blush, there's not a common thread. Netflix was crushed because, for the first time in its history, it lost subscribers. Align Technology (the name behind Invisalign dental braces) is struggling with the lingering impact of the COVID-19 pandemic. E-commerce platform Etsy is still trying to figure out what it is in a marketplace that includes competitors like Amazon, as well as empowering, DIY e-commerce platforms like those offered by Shopify. And PayPal? Despite continued revenue growth, investors still believe alternative payment options will chip away at its market share.There's more commonality to these setbacks, however, than there seems on the surface. With the exception of Align, investors were genuinely surprised these companies' smashing successes seen in 2020 and into 2021 -- in the throes of the COVID-19 pandemic -- didn't persist into 2022.In other words, the wrong kind of surprise can wreak havoc on a stock.As for Align, while it never really thrived or suffered due to the coronavirus contagion (aside from logistical challenges linked to lockdowns), it's still dealing with the pandemic's fallout that's lasting far longer than anyone initially feared it might. Now the specter of an economic recession is prompting some consumers to rethink the immediate need for straighter teeth. Even so, it's an unexpected headwind that's rattling investors, turning them into sellers.OverzealousOn the surface, it seems somewhat irrelevant. While the market may not have seen these struggles brewing, the sell-offs these tickers have dished out still just reflect how these companies are performing right now.Except, that may not quite be the case.Yes, the direction these stocks have been moving jibes with the turn these companies' businesses have taken. The depth to which investors respond to lackluster results, however, can vary depending on expectations. If the market knows that so-so earnings are in the cards, the revelation of lackluster numbers doesn't send investors into a panic...when the selling really ramps up. If investors know to brace for bad news, then stocks are typically eased into a more appropriate price to reflect that reality.Image source: Getty Images.The alternative? Shock takes an exaggerated toll on a stock's price. That's largely what's happened here with these four names.Shock also distracts people from looking at the future rather than the past, when they should be doing just that.Perhaps most problematic, however, is that these sell-offs have reached extreme proportions only because stocks tend to move in a herd. Once the selling stampede starts, it's tough to stop it, even when lower prices may not be merited for most of them.Think bigger-pictureThe question remains, however: Should you buy the S&P 500's four worst-performing stocks of 2022 so far?This isn't always the case, but right now, yes -- these stocks are too sold-off for long-term, buy-and-hold investors interested in them to simply pass them up.While the pullbacks made enough sense, fear and panic have arguably taken more of a toll than they should have. Investors, as a crowd, are starting to think a little more level-headed though. While they know 2022 could be tough, they're also starting to see these aforementioned companies have viable plans to deal with it.Netflix, for instance, could launch an ad-supported version of its streaming service as early as this year, appealing to value-minded senses that will be heightened if the economy is weak. While PayPal may be facing a kind of competition it's never faced before, it's also innovating new ways to keep its place as the world's biggest digital payment middleman. Just last month, it unveiled a cash-back credit card, and late last year allowed e-commerce sites built by Wix to offer buy-now, pay-later loans to their customers. Align and Etsy are adjusting, too.Yet, none of these stocks' already-overblown sell-offs reflect these initiatives.And it's not just these four companies. A bunch of great stocks have been dragged lower than they deserve to be, for all the wrong reasons.That's not to suggest any of these names have hit their absolute bottom, mind you. They may still lose more ground. It is to say, however, now that the dust of the knee-jerk selling is starting to settle as we push past the hysteria, the market's starting to realize that at least with some stocks, the selling was more than a little overboard. That makes many of these names great buys now, even if we're not all the way through the turbulence just yet. Better to be a little too early than a lot too late.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020174367,"gmtCreate":1652594718659,"gmtModify":1676535126923,"author":{"id":"4103114401761660","authorId":"4103114401761660","name":"Bernard1234","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103114401761660","idStr":"4103114401761660"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020174367","repostId":"2235748594","repostType":4,"repost":{"id":"2235748594","pubTimestamp":1652578501,"share":"https://ttm.financial/m/news/2235748594?lang=&edition=fundamental","pubTime":"2022-05-15 09:35","market":"us","language":"en","title":"Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=2235748594","media":"Motley Fool","summary":"The sellers seem to have overshot their targets with certain stocks, pricing in a scenario that's unlikely to happen.","content":"<html><head></head><body><p>If you&#39;re a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The<b> S&amp;P 500</b> (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are dramatically deeper in the red.</p><p>Beaten-down prices alone aren&#39;t enough of a reason to start scooping up stocks though, no matter how big their pullbacks might be. A company still has to be a name worth owning for the long haul, regardless of its price.</p><p>And, that&#39;s a tough thing to figure out for the S&amp;P 500&#39;s four worst performers for 2022 so far.</p><h2>What went wrong</h2><p>If you&#39;re wondering, the biggest losers among the S&amp;P 500&#39;s tickers so far this year are <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b> (PYPL 6.11%), <b>Align Technology</b> (ALGN 6.16%), <b>Etsy</b> (ETSY 4.80%), and <b>Netflix</b> (NFLX 7.65%), down 63%, 64%, 70%, and 75%, respectively, since the end of 2021. Ouch!</p><p>At first blush, there&#39;s not a common thread. Netflix was crushed because, for the first time in its history, it lost subscribers. Align Technology (the name behind Invisalign dental braces) is struggling with the lingering impact of the COVID-19 pandemic. E-commerce platform Etsy is still trying to figure out what it is in a marketplace that includes competitors like <b>Amazon</b>, as well as empowering, DIY e-commerce platforms like those offered by <b>Shopify</b>. And PayPal? Despite continued revenue growth, investors still believe alternative payment options will chip away at its market share.</p><p>There&#39;s more commonality to these setbacks, however, than there seems on the surface. With the exception of Align, investors were genuinely surprised these companies&#39; smashing successes seen in 2020 and into 2021 -- in the throes of the COVID-19 pandemic -- didn&#39;t persist into 2022.</p><p>In other words, the wrong kind of surprise can wreak havoc on a stock.</p><p>As for Align, while it never really thrived or suffered due to the coronavirus contagion (aside from logistical challenges linked to lockdowns), it&#39;s still dealing with the pandemic&#39;s fallout that&#39;s lasting far longer than anyone initially feared it might. Now the specter of an economic recession is prompting some consumers to rethink the immediate need for straighter teeth. Even so, it&#39;s an unexpected headwind that&#39;s rattling investors, turning them into sellers.</p><h2>Overzealous</h2><p>On the surface, it seems somewhat irrelevant. While the market may not have seen these struggles brewing, the sell-offs these tickers have dished out still just reflect how these companies are performing right now.</p><p>Except, that may not quite be the case.</p><p>Yes, the direction these stocks have been moving jibes with the turn these companies&#39; businesses have taken. The depth to which investors respond to lackluster results, however, can vary depending on expectations. If the market knows that so-so earnings are in the cards, the revelation of lackluster numbers doesn&#39;t send investors into a panic...when the selling really ramps up. If investors know to brace for bad news, then stocks are typically eased into a more appropriate price to reflect that reality.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F679670%2Fbuy-hold-sell.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><p>The alternative? Shock takes an exaggerated toll on a stock&#39;s price. That&#39;s largely what&#39;s happened here with these four names.</p><p>Shock also distracts people from looking at the future rather than the past, when they should be doing just that.</p><p>Perhaps most problematic, however, is that these sell-offs have reached extreme proportions only because stocks tend to move in a herd. Once the selling stampede starts, it&#39;s tough to stop it, even when lower prices may not be merited for most of them.</p><h2>Think bigger-picture</h2><p>The question remains, however: Should you buy the S&amp;P 500&#39;s four worst-performing stocks of 2022 so far?</p><p>This isn&#39;t always the case, but right now, yes -- these stocks are too sold-off for long-term, buy-and-hold investors interested in them to simply pass them up.</p><p>While the pullbacks made enough sense, fear and panic have arguably taken more of a toll than they should have. Investors, as a crowd, are starting to think a little more level-headed though. While they know 2022 could be tough, they&#39;re also starting to see these aforementioned companies have viable plans to deal with it.</p><p>Netflix, for instance, could launch an ad-supported version of its streaming service as early as this year, appealing to value-minded senses that will be heightened if the economy is weak. While PayPal may be facing a kind of competition it&#39;s never faced before, it&#39;s also innovating new ways to keep its place as the world&#39;s biggest digital payment middleman. Just last month, it unveiled a cash-back credit card, and late last year allowed e-commerce sites built by <b>Wix</b> to offer buy-now, pay-later loans to their customers. Align and Etsy are adjusting, too.</p><p>Yet, none of these stocks&#39; already-overblown sell-offs reflect these initiatives.</p><p>And it&#39;s not just these four companies. A bunch of great stocks have been dragged lower than they deserve to be, for all the wrong reasons.</p><p>That&#39;s not to suggest any of these names have hit their absolute bottom, mind you. They may still lose more ground. It is to say, however, now that the dust of the knee-jerk selling is starting to settle as we push past the hysteria, the market&#39;s starting to realize that at least with some stocks, the selling was more than a little overboard. That makes many of these names great buys now, even if we&#39;re not all the way through the turbulence just yet. Better to be a little too early than a lot too late.</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>Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-15 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you're a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The S&P 500 (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","OEX":"标普100","BK4550":"红杉资本持仓","BK4581":"高盛持仓",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF","BK4504":"桥水持仓","OEF":"标普100指数ETF-iShares","BK4559":"巴菲特持仓","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF"},"source_url":"https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2235748594","content_text":"If you're a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The S&P 500 (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are dramatically deeper in the red.Beaten-down prices alone aren't enough of a reason to start scooping up stocks though, no matter how big their pullbacks might be. A company still has to be a name worth owning for the long haul, regardless of its price.And, that's a tough thing to figure out for the S&P 500's four worst performers for 2022 so far.What went wrongIf you're wondering, the biggest losers among the S&P 500's tickers so far this year are PayPal (PYPL 6.11%), Align Technology (ALGN 6.16%), Etsy (ETSY 4.80%), and Netflix (NFLX 7.65%), down 63%, 64%, 70%, and 75%, respectively, since the end of 2021. Ouch!At first blush, there's not a common thread. Netflix was crushed because, for the first time in its history, it lost subscribers. Align Technology (the name behind Invisalign dental braces) is struggling with the lingering impact of the COVID-19 pandemic. E-commerce platform Etsy is still trying to figure out what it is in a marketplace that includes competitors like Amazon, as well as empowering, DIY e-commerce platforms like those offered by Shopify. And PayPal? Despite continued revenue growth, investors still believe alternative payment options will chip away at its market share.There's more commonality to these setbacks, however, than there seems on the surface. With the exception of Align, investors were genuinely surprised these companies' smashing successes seen in 2020 and into 2021 -- in the throes of the COVID-19 pandemic -- didn't persist into 2022.In other words, the wrong kind of surprise can wreak havoc on a stock.As for Align, while it never really thrived or suffered due to the coronavirus contagion (aside from logistical challenges linked to lockdowns), it's still dealing with the pandemic's fallout that's lasting far longer than anyone initially feared it might. Now the specter of an economic recession is prompting some consumers to rethink the immediate need for straighter teeth. Even so, it's an unexpected headwind that's rattling investors, turning them into sellers.OverzealousOn the surface, it seems somewhat irrelevant. While the market may not have seen these struggles brewing, the sell-offs these tickers have dished out still just reflect how these companies are performing right now.Except, that may not quite be the case.Yes, the direction these stocks have been moving jibes with the turn these companies' businesses have taken. The depth to which investors respond to lackluster results, however, can vary depending on expectations. If the market knows that so-so earnings are in the cards, the revelation of lackluster numbers doesn't send investors into a panic...when the selling really ramps up. If investors know to brace for bad news, then stocks are typically eased into a more appropriate price to reflect that reality.Image source: Getty Images.The alternative? Shock takes an exaggerated toll on a stock's price. That's largely what's happened here with these four names.Shock also distracts people from looking at the future rather than the past, when they should be doing just that.Perhaps most problematic, however, is that these sell-offs have reached extreme proportions only because stocks tend to move in a herd. Once the selling stampede starts, it's tough to stop it, even when lower prices may not be merited for most of them.Think bigger-pictureThe question remains, however: Should you buy the S&P 500's four worst-performing stocks of 2022 so far?This isn't always the case, but right now, yes -- these stocks are too sold-off for long-term, buy-and-hold investors interested in them to simply pass them up.While the pullbacks made enough sense, fear and panic have arguably taken more of a toll than they should have. Investors, as a crowd, are starting to think a little more level-headed though. While they know 2022 could be tough, they're also starting to see these aforementioned companies have viable plans to deal with it.Netflix, for instance, could launch an ad-supported version of its streaming service as early as this year, appealing to value-minded senses that will be heightened if the economy is weak. While PayPal may be facing a kind of competition it's never faced before, it's also innovating new ways to keep its place as the world's biggest digital payment middleman. Just last month, it unveiled a cash-back credit card, and late last year allowed e-commerce sites built by Wix to offer buy-now, pay-later loans to their customers. Align and Etsy are adjusting, too.Yet, none of these stocks' already-overblown sell-offs reflect these initiatives.And it's not just these four companies. A bunch of great stocks have been dragged lower than they deserve to be, for all the wrong reasons.That's not to suggest any of these names have hit their absolute bottom, mind you. They may still lose more ground. It is to say, however, now that the dust of the knee-jerk selling is starting to settle as we push past the hysteria, the market's starting to realize that at least with some stocks, the selling was more than a little overboard. That makes many of these names great buys now, even if we're not all the way through the turbulence just yet. Better to be a little too early than a lot too late.","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}