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- szeying00szeying00
  ·2022-09-02
  Thank you for sharing!
  3 Cheap Stocks With High Price Targets
  Finding cheap stocks with high price targets can be a challenge, but these three fit the bill.Matter
  3 Cheap Stocks With High Price Targets
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- szeying00szeying00
  ·2022-09-02
  Dang what a huge deal!
  China Securities Regulator Says Will Implement Sino-U.S. Audit Deal
  BEIJING/SHANGHAI, Sept 2 (Reuters) - A senior Chinese securities regulator said on Friday that China
  China Securities Regulator Says Will Implement Sino-U.S. Audit Deal
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- szeying00szeying00
  ·2022-09-02
  Wow!
  James Hardie New CEO Goes From Aerosols to Plasterboard
  Wall cladding and plasterboard group James Hardie has hired the boss of a big aerosols manufacturer
  James Hardie New CEO Goes From Aerosols to Plasterboard
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Stocks in a portfolio have varying degrees of volatility, but considering that there are many others to choose from, it is important to do your research.</p><p>For example, cheap stocks with high price targets are more likely to experience price swings than low-price target ones. Investors are constantly trying to determine if the stock is undervalued or overvalued.</p><p>For many investors, cheap stocks can be very enticing. After all, who doesn’t want to get a great deal on a potentially profitable investment? However, stocks that are cheap for a reason can often be poor performers. This is why it’s important to look at cheap stocks not only in terms of price but also in terms of future potential.</p><p>A common way to invest would be to look closely at cheap stocks with high price targets that show promising growth potential. As the company’s potential is realized, the stock could become a great bargain for savvy investors.</p><p>Of course, it’s important to do your research before investing in any stock, but stocks with high price targets from analysts can be a great place to start your search for bargains.</p><p>These three stocks have high potential and high price targets. Investing is complicated, but you don’t need to be a master at it. As long as you have a plan, your portfolio will grow.</p><table border=\"1\"><tbody><tr><td><b><u>MTTR</u></b></td><td><b>Matterport </b></td><td>$4.61</td></tr><tr><td><b><u>RGTI</u></b></td><td><b>Rigetti Computing</b></td><td>$3.98</td></tr><tr><td><b><u>SOFI</u></b></td><td><b>SoFi Technologies</b></td><td>$5.92</td></tr></tbody></table><h2>Matterport (MTTR)</h2><p>Metaverse companies are attracting more and more investment, and analysts are predicting that the metaverse will be worth trillions of dollars in the next decade. The technology is still in its early stages. Metaverse companies are working on various applications, from online gaming to social networking to virtual shopping.</p><p><b>Matterport </b>(NASDAQ:<b><u>MTTR</u></b>) offers a unique solution to go along with this revolution. The company debuted via the wildly popular SPAC route last year and has something that differentiates them in the digital world: a scalable virtual reality platform.</p><p>Matterport is a company that specializes in spatial data. Matterport helps users create 3D models of real locations that companies can use for several purposes.</p><p>For example, Matterport’s models have created virtual reality experiences and mapped out buildings’ interiors. You can use the company’s technology to create digital twins, replicas of real-world objects, or locations for testing and simulations.</p><p>The company does not rely on a single source of income but hardware sales upfront, in addition to utilizing subscriptions, which gives them some much-needed diversification. It is just the operating model needed when discussing cheap stocks with high price targets.</p><p>Unfortunately, trends in the market have caused a decrease of over 70% in the share price this year. However, the company recently raised its forward guidance, causing optimism in the markets that it will make up for lost ground sooner rather than later. According to <i>TipRanks</i>, the average price target for the stock is $7.67 a pop, implying more than 60% upside.</p><h2>Rigetti Computing (RGTI)</h2><p><b>Rigetti Computing</b> (NASDAQ:<b><u>RGTI</u></b>) is a quantum computing company working on developing several use cases for its technology across multiple fields.</p><p>One potential use case is in machine learning, where Rigetti is working on developing algorithms that can run on its quantum computers to improve the accuracy of predictions.</p><p>Another potential use case is drug discovery. Rigetti is working on developing quantum computers that can simulate complex molecules and help identify new potential drugs. The company is also developing quantum computers that can be used for financial analysis, as they can simulate complex financial models much faster than classical computers.</p><p>The U.S. Department of Energy inked an agreement with the company last year to develop solutions in the fusion energy space. In addition, DARPA is partnering with Rigetti Computing to develop quantum computers capable of handling complex optimization problems.</p><p>Rigetti Computing has made a lot of progress in a short period. These contracts with major state institutions are evidence of that. Very young companies usually have a hard time landing major clients, so having such success is an impressive accomplishment.</p><p>RGTI holds a Strong Buy consensus rating based on four Buys. Shares have an average price target of $10.33 per share, representing about 161% upside.</p><h2>SoFi Technologies (SOFI)</h2><p><b>SoFi Technologies</b> (NASDAQ:<b><u>SOFI</u></b>) is a leading financial services and technology solutions provider.</p><p>Millions of people worldwide use its products and service. SoFi is changing how people bank, borrow, invest, and more.</p><p>Though the business has experienced some headwinds, SoFi Technologies is still seeing growth this year. Its latest earnings report revealed adjusted EBITDA of $20 million, representing 80% growth versus the year-ago period.</p><p>SoFi recently obtained a national bank charter, allowing it greater liquidity to extend loans to its clients. The company added 450,000 new members in the second quarter bringing its total to over 1.1 million customers on its platform.</p><p>The company, however, has room for improvement concerning operating costs. In particular, management needs to limit stock-based compensation and invest more in other areas. The online personal finance company has already doled out $157 million in the first half of the year. That would lead to better financial performance in the long run.</p><p>Plus, SoFi has been aggressive in terms of M&amp;A activity, even though many companies have reduced spending in the present economy. Galileo, Technisys, and other acquisitions show that the company is not afraid to take bold steps in a tricky economy. However, these acquisitions also end up weighing down the bottom line.</p><p>Management’s execution and ability to control costs will be critical for improving profitability. If the company can do this, SoFi will see its shares record double-digit growth in the next couple of years. Per <i>TipRanks</i> data, the average price target for this one is $7.83 per share, translating into a healthy upside of 32.36%.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Cheap Stocks With High Price Targets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Cheap Stocks With High Price Targets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/3-cheap-stocks-with-high-price-targets-mttr-rgti-sofi/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Finding cheap stocks with high price targets can be a challenge, but these three fit the bill.Matterport (MTTR): The company has a diversified business model providing access to smooth, recurrent ...</p>\n\n<a href=\"https://investorplace.com/2022/09/3-cheap-stocks-with-high-price-targets-mttr-rgti-sofi/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4549":"软银资本持仓","BK4141":"半导体产品","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","RGTI":"Rigetti Computing","MTTR":"Matterport, Inc.","BK4166":"消费信贷","SOFI":"SoFi Technologies Inc.","BK4023":"应用软件"},"source_url":"https://investorplace.com/2022/09/3-cheap-stocks-with-high-price-targets-mttr-rgti-sofi/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264529705","content_text":"Finding cheap stocks with high price targets can be a challenge, but these three fit the bill.Matterport (MTTR): The company has a diversified business model providing access to smooth, recurrent cashflows.Rigetti Computing (RGTI): RGTI is a quantum computing company focusing on developing applications for its technology across several fields.SoFi Technologies (SOFI): Despite strong headwinds, SoFi continues to deliver stronger-than-expected results.Source: shutterstock.com/CC7Cheap stocks with high price targets always are tempting but require due diligence.As any investor knows, stock prices are constantly fluctuating. Stocks in a portfolio have varying degrees of volatility, but considering that there are many others to choose from, it is important to do your research.For example, cheap stocks with high price targets are more likely to experience price swings than low-price target ones. Investors are constantly trying to determine if the stock is undervalued or overvalued.For many investors, cheap stocks can be very enticing. After all, who doesn’t want to get a great deal on a potentially profitable investment? However, stocks that are cheap for a reason can often be poor performers. This is why it’s important to look at cheap stocks not only in terms of price but also in terms of future potential.A common way to invest would be to look closely at cheap stocks with high price targets that show promising growth potential. As the company’s potential is realized, the stock could become a great bargain for savvy investors.Of course, it’s important to do your research before investing in any stock, but stocks with high price targets from analysts can be a great place to start your search for bargains.These three stocks have high potential and high price targets. Investing is complicated, but you don’t need to be a master at it. As long as you have a plan, your portfolio will grow.MTTRMatterport $4.61RGTIRigetti Computing$3.98SOFISoFi Technologies$5.92Matterport (MTTR)Metaverse companies are attracting more and more investment, and analysts are predicting that the metaverse will be worth trillions of dollars in the next decade. The technology is still in its early stages. Metaverse companies are working on various applications, from online gaming to social networking to virtual shopping.Matterport (NASDAQ:MTTR) offers a unique solution to go along with this revolution. The company debuted via the wildly popular SPAC route last year and has something that differentiates them in the digital world: a scalable virtual reality platform.Matterport is a company that specializes in spatial data. Matterport helps users create 3D models of real locations that companies can use for several purposes.For example, Matterport’s models have created virtual reality experiences and mapped out buildings’ interiors. You can use the company’s technology to create digital twins, replicas of real-world objects, or locations for testing and simulations.The company does not rely on a single source of income but hardware sales upfront, in addition to utilizing subscriptions, which gives them some much-needed diversification. It is just the operating model needed when discussing cheap stocks with high price targets.Unfortunately, trends in the market have caused a decrease of over 70% in the share price this year. However, the company recently raised its forward guidance, causing optimism in the markets that it will make up for lost ground sooner rather than later. According to TipRanks, the average price target for the stock is $7.67 a pop, implying more than 60% upside.Rigetti Computing (RGTI)Rigetti Computing (NASDAQ:RGTI) is a quantum computing company working on developing several use cases for its technology across multiple fields.One potential use case is in machine learning, where Rigetti is working on developing algorithms that can run on its quantum computers to improve the accuracy of predictions.Another potential use case is drug discovery. Rigetti is working on developing quantum computers that can simulate complex molecules and help identify new potential drugs. The company is also developing quantum computers that can be used for financial analysis, as they can simulate complex financial models much faster than classical computers.The U.S. Department of Energy inked an agreement with the company last year to develop solutions in the fusion energy space. In addition, DARPA is partnering with Rigetti Computing to develop quantum computers capable of handling complex optimization problems.Rigetti Computing has made a lot of progress in a short period. These contracts with major state institutions are evidence of that. Very young companies usually have a hard time landing major clients, so having such success is an impressive accomplishment.RGTI holds a Strong Buy consensus rating based on four Buys. Shares have an average price target of $10.33 per share, representing about 161% upside.SoFi Technologies (SOFI)SoFi Technologies (NASDAQ:SOFI) is a leading financial services and technology solutions provider.Millions of people worldwide use its products and service. SoFi is changing how people bank, borrow, invest, and more.Though the business has experienced some headwinds, SoFi Technologies is still seeing growth this year. Its latest earnings report revealed adjusted EBITDA of $20 million, representing 80% growth versus the year-ago period.SoFi recently obtained a national bank charter, allowing it greater liquidity to extend loans to its clients. The company added 450,000 new members in the second quarter bringing its total to over 1.1 million customers on its platform.The company, however, has room for improvement concerning operating costs. In particular, management needs to limit stock-based compensation and invest more in other areas. The online personal finance company has already doled out $157 million in the first half of the year. That would lead to better financial performance in the long run.Plus, SoFi has been aggressive in terms of M&A activity, even though many companies have reduced spending in the present economy. Galileo, Technisys, and other acquisitions show that the company is not afraid to take bold steps in a tricky economy. However, these acquisitions also end up weighing down the bottom line.Management’s execution and ability to control costs will be critical for improving profitability. If the company can do this, SoFi will see its shares record double-digit growth in the next couple of years. Per TipRanks data, the average price target for this one is $7.83 per share, translating into a healthy upside of 32.36%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939641455,"gmtCreate":1662104796377,"gmtModify":1676536998732,"author":{"id":"4112773704796072","authorId":"4112773704796072","name":"szeying00","avatar":"https://community-static.tradeup.com/news/20f6bf1ba776348ef7a03d9aa37af67e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4112773704796072","authorIdStr":"4112773704796072"},"themes":[],"htmlText":"Dang what a huge deal!","listText":"Dang what a huge deal!","text":"Dang what a huge deal!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939641455","repostId":"2264022939","repostType":4,"repost":{"id":"2264022939","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1662087243,"share":"https://ttm.financial/m/news/2264022939?lang=&edition=fundamental","pubTime":"2022-09-02 10:54","market":"us","language":"en","title":"China Securities Regulator Says Will Implement Sino-U.S. Audit Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2264022939","media":"Reuters","summary":"BEIJING/SHANGHAI, Sept 2 (Reuters) - A senior Chinese securities regulator said on Friday that China","content":"<html><head></head><body><p>BEIJING/SHANGHAI, Sept 2 (Reuters) - A senior Chinese securities regulator said on Friday that China will implement its audit agreement with the United States, and will strengthen communication with foreign institutional investors.</p><p>Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC), also told a forum that the local watchdog will work with Hong Kong regulators to expand China-Hong Kong Stock Connect by making more stocks eligible under the  cross-border scheme.</p><p>On August 26, Beijing and Washington reached an audit deal to allow U.S. regulators to vet accounting firms in China and Hong Kong.</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>China Securities Regulator Says Will Implement Sino-U.S. Audit Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Securities Regulator Says Will Implement Sino-U.S. Audit Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-02 10:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BEIJING/SHANGHAI, Sept 2 (Reuters) - A senior Chinese securities regulator said on Friday that China will implement its audit agreement with the United States, and will strengthen communication with foreign institutional investors.</p><p>Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC), also told a forum that the local watchdog will work with Hong Kong regulators to expand China-Hong Kong Stock Connect by making more stocks eligible under the  cross-border scheme.</p><p>On August 26, Beijing and Washington reached an audit deal to allow U.S. regulators to vet accounting firms in China and Hong Kong.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264022939","content_text":"BEIJING/SHANGHAI, Sept 2 (Reuters) - A senior Chinese securities regulator said on Friday that China will implement its audit agreement with the United States, and will strengthen communication with foreign institutional investors.Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC), also told a forum that the local watchdog will work with Hong Kong regulators to expand China-Hong Kong Stock Connect by making more stocks eligible under the  cross-border scheme.On August 26, Beijing and Washington reached an audit deal to allow U.S. regulators to vet accounting firms in China and Hong Kong.","news_type":1},"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939641283,"gmtCreate":1662104730242,"gmtModify":1676536998724,"author":{"id":"4112773704796072","authorId":"4112773704796072","name":"szeying00","avatar":"https://community-static.tradeup.com/news/20f6bf1ba776348ef7a03d9aa37af67e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4112773704796072","authorIdStr":"4112773704796072"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939641283","repostId":"2264724768","repostType":4,"repost":{"id":"2264724768","pubTimestamp":1662086342,"share":"https://ttm.financial/m/news/2264724768?lang=&edition=fundamental","pubTime":"2022-09-02 10:39","market":"us","language":"en","title":"James Hardie New CEO Goes From Aerosols to Plasterboard","url":"https://stock-news.laohu8.com/highlight/detail?id=2264724768","media":"The Australian Financial Review","summary":"Wall cladding and plasterboard group James Hardie has hired the boss of a big aerosols manufacturer ","content":"<html><head></head><body><p>Wall cladding and plasterboard group James Hardie has hired the boss of a big aerosols manufacturer in the United States to fill the role of chief executive which has been vacant for eight months after Jack Truong was dumped over bullying allegations.</p><p>The company announced on Friday that Aaron Erter will be starting immediately as chief executive. Mr Erter, who is aged 49, for the past two years has been the chief executive of PLZ Corp, a manufacturer of aerosols and specialty liquids and before that was a senior executive with paint maker Sherwin Williams. The Australian paint business Wattyl is part of the Sherwin Williams stable and has given Mr Erter a solid grounding in the Australian housing and construction sector.</p><p>Mr Erter comes in at a tough time in the economic cycle, with James Hardie putting through substantial price rises for its products to try to claw back sharp increases in freight, energy and pulp costs and starting a hiring freeze for non-critical positions amid uncertainty as central banks raise interest rates to fight inflation.</p><p>Mr Erter said he had the runs on the board at other organisations and the right set of skills. “I have been fortunate to work for some world-class organisations in my career, and I am confident that my experience and expertise align with what James Hardie needs in a leader,” he said.</p><p>Mr Erter studied economics at the prestigious Wharton School at The University of Pennsylvania and then went on to do an MBA at The University of Notre Dame, Mendoza College of Business.</p><p>James Hardie’s incoming chairwoman Anne Lloyd with new chief executive Aaron Erter   </p><p>James Hardie is undergoing a process of renewal at the top, with Anne Lloyd to take over as chairwoman in November. She is currently deputy chairwoman.</p><p>Ms Lloyd said on Friday there would be no U-turn in strategy and the group had been through an extensive recruitment exercise where there had been a strong field of quality candidates.</p><p>“We have demonstrated that we’ve got the right strategy. We did not want a CEO who felt compelled to come in and make their mark by turning the strategy on its head,” .she said.</p><p>There had been a large emphasis in the recruitment process on finding someone with the right emotional intelligence.</p><p>“It was clear that we needed a leader that had a strong EQ, someone who could identify and develop talent, and who could couple empowerment with accountability,” .she said.</p><p>“Hardies is a tough place to work, everybody demands a lot of one another. I love that. But it’s how you do the demanding that has changed, she said.</p><p>Chairman Mike Hammes said Mr Erter was an “exceptional leader”.</p><p>Mr Truong was considered a star at James Hardie and turned it into one of the top performing building products companies. But investors were stunned when he was dumped in early January this year. The board forced Mr Truong out, following an investigation into claims of bullying. He rejects those claims.</p><p>James Hardie in mid-August cut its full-year profit forecasts for the 12 months ending March 31 to between $US730 million ($1.04 billion) to $US780 million, from a previous $US740 million-$US820 million band. It cited inflationary pressures, softness in Europe and growing uncertainty in housing markets.</p><p>Ms Lloyd’s appointment as future chairwoman was announced on August 11, along with the hiring of an Australian-based director, PJ Davis, a former chief operating officer of Bunnings. Mr Davis retired from Bunnings in 2018 after a 25-year career. His last position was managing director of Bunnings in the UK and Ireland, where parent Wesfarmers blew up $1 billion-plus on an ill-fated expansion into the British market. It tried to replicate the success of the dominant Australian hardware business but failed. Mr Davis had been the highly regarded chief operating officer of Bunnings in Australia for 15 years before he was entrusted with a key role in the UK expansion.</p></body></html>","source":"afr_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>James Hardie New CEO Goes From Aerosols to Plasterboard</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\">\nJames Hardie New CEO Goes From Aerosols to Plasterboard\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/companies/manufacturing/james-hardie-new-ceo-goes-from-aerosols-to-plasterboard-20220902-p5betb><strong>The Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall cladding and plasterboard group James Hardie has hired the boss of a big aerosols manufacturer in the United States to fill the role of chief executive which has been vacant for eight months ...</p>\n\n<a href=\"https://www.afr.com/companies/manufacturing/james-hardie-new-ceo-goes-from-aerosols-to-plasterboard-20220902-p5betb\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JHX.AU":"JAMES HARDIE INDUSTRIES-CDI","JHX":"詹姆斯哈迪"},"source_url":"https://www.afr.com/companies/manufacturing/james-hardie-new-ceo-goes-from-aerosols-to-plasterboard-20220902-p5betb","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264724768","content_text":"Wall cladding and plasterboard group James Hardie has hired the boss of a big aerosols manufacturer in the United States to fill the role of chief executive which has been vacant for eight months after Jack Truong was dumped over bullying allegations.The company announced on Friday that Aaron Erter will be starting immediately as chief executive. Mr Erter, who is aged 49, for the past two years has been the chief executive of PLZ Corp, a manufacturer of aerosols and specialty liquids and before that was a senior executive with paint maker Sherwin Williams. The Australian paint business Wattyl is part of the Sherwin Williams stable and has given Mr Erter a solid grounding in the Australian housing and construction sector.Mr Erter comes in at a tough time in the economic cycle, with James Hardie putting through substantial price rises for its products to try to claw back sharp increases in freight, energy and pulp costs and starting a hiring freeze for non-critical positions amid uncertainty as central banks raise interest rates to fight inflation.Mr Erter said he had the runs on the board at other organisations and the right set of skills. “I have been fortunate to work for some world-class organisations in my career, and I am confident that my experience and expertise align with what James Hardie needs in a leader,” he said.Mr Erter studied economics at the prestigious Wharton School at The University of Pennsylvania and then went on to do an MBA at The University of Notre Dame, Mendoza College of Business.James Hardie’s incoming chairwoman Anne Lloyd with new chief executive Aaron Erter   James Hardie is undergoing a process of renewal at the top, with Anne Lloyd to take over as chairwoman in November. She is currently deputy chairwoman.Ms Lloyd said on Friday there would be no U-turn in strategy and the group had been through an extensive recruitment exercise where there had been a strong field of quality candidates.“We have demonstrated that we’ve got the right strategy. We did not want a CEO who felt compelled to come in and make their mark by turning the strategy on its head,” .she said.There had been a large emphasis in the recruitment process on finding someone with the right emotional intelligence.“It was clear that we needed a leader that had a strong EQ, someone who could identify and develop talent, and who could couple empowerment with accountability,” .she said.“Hardies is a tough place to work, everybody demands a lot of one another. I love that. But it’s how you do the demanding that has changed, she said.Chairman Mike Hammes said Mr Erter was an “exceptional leader”.Mr Truong was considered a star at James Hardie and turned it into one of the top performing building products companies. But investors were stunned when he was dumped in early January this year. The board forced Mr Truong out, following an investigation into claims of bullying. He rejects those claims.James Hardie in mid-August cut its full-year profit forecasts for the 12 months ending March 31 to between $US730 million ($1.04 billion) to $US780 million, from a previous $US740 million-$US820 million band. It cited inflationary pressures, softness in Europe and growing uncertainty in housing markets.Ms Lloyd’s appointment as future chairwoman was announced on August 11, along with the hiring of an Australian-based director, PJ Davis, a former chief operating officer of Bunnings. Mr Davis retired from Bunnings in 2018 after a 25-year career. His last position was managing director of Bunnings in the UK and Ireland, where parent Wesfarmers blew up $1 billion-plus on an ill-fated expansion into the British market. It tried to replicate the success of the dominant Australian hardware business but failed. Mr Davis had been the highly regarded chief operating officer of Bunnings in Australia for 15 years before he was entrusted with a key role in the UK expansion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}