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- thoughtthought
  ·2023-05-10
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  Google: Buy Under $100
  SummaryGoogle is an advertising company.The advertising market is slow growing, but the margins are
  Google: Buy Under $100
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- thoughtthought
  ·2023-05-10
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  Here’s Why You Should Invest in Meta Platforms (META)
  Baron Funds, an investment management company, released its “Baron Opportunity Fund” first quarter 2
  Here’s Why You Should Invest in Meta Platforms (META)
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- thoughtthought
  ·2023-04-22
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  Wall St Posts Slim Gain Ahead of Big Earnings Week
  US business activity rises to 11-month high in AprilProcter & Gamble gains on upbeat sales forecastA
  Wall St Posts Slim Gain Ahead of Big Earnings Week
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If I bought a single batch back then I would have a cost basis around $53-55 and I&#39;d be happy with this performance vs. the S&amp;P 500 (SPY):</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3e2a3748d949bf00b154f45ef928f02\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"433\"/><span>Data by YCharts</span></p><p></p><p>However, <em>my cost basis is about $93</em> so I&#39;m up about 15% at this point. How did this happen? Well, I set up a small initial position. Then I added along the way up, and the way down. Therefore, I haven&#39;t hit the jackpot. Such is the nature of dollar cost averaging.</p><p>In any event, there&#39;s a lot of fear in the air right now about inflation and recessions, and that sort of thing. This is nothing new. In terms of macroeconomics, there&#39;s always something to worry about. <em>Always</em>.</p><p>So, generally speaking, I try not to predict how the winds are blowing. Roughly speaking, I follow Warren Buffett&#39;s approach:</p><blockquote>“Well, think about it. You have all these economists with 160 IQs that spend their life studying it, can you name me one super-wealthy economist that’s ever made money out of securities? No.”</blockquote><p>Instead, I usually work hard on the fundamentals. I don&#39;t spend too much time at all with charting, or technicals, although those tools can help a little. Usually my focus is on the basics, and I try to keep it really simple.</p><p>Today, in this article, I&#39;m going to do something a wee bit different. I&#39;m merely going to look at <em>GOOGL as an advertising company</em>. Because, frankly, that&#39;s what it is, no matter anyone else says. The numbers show it:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0a9632a45a742b081c83434c80f97a2\" alt=\"78% of Alphabet&#39;s Revenue is Advertising (Alphabet Inc. (GOOGL) - FORM 10-Q | Quarterly Report)\" title=\"78% of Alphabet&#39;s Revenue is Advertising (Alphabet Inc. (GOOGL) - FORM 10-Q | Quarterly Report)\" tg-width=\"640\" tg-height=\"578\"/><span>78% of Alphabet&#39;s Revenue is Advertising (Alphabet Inc. (GOOGL) - FORM 10-Q | Quarterly Report)</span></p><p></p><p>Yes, I did some quick math for you. <em>GOOGL revenue is 78% advertising</em>. I&#39;m not going to spend any time on the balance sheet, or cash holdings, or even any of the normal metrics. We are going to do something a bit different.</p><h2>Is Advertising a Good Business?</h2><p>The short answer is that advertising is a good business but it&#39;s not great. I&#39;ll quickly show why. That is best done with some references and quotes.</p><p>IBIS World states (Updated January 2023):</p><blockquote>The market size of the Advertising Agencies industry in the US has grown 3.6% per year on average between 2017 and 2022.</blockquote><p>And...</p><blockquote>Growth in total US advertising expenditure indicates that businesses are more willing to incur advertising expenses, which benefits advertising agencies. In 2023, total advertising expenditure is expected to increase, representing a potential opportunity for the industry.</blockquote><p>So, this is before the recent bank crisis, and the rise of shadow banks. But, as I said above, there are always macro problems, year after year. The point is that the general advertising trend is up, but not up huge.</p><p>Moving on, we find that, generally speaking, profit margins in advertising are pretty good, even great. Here&#39;s a quick view on GOOGL, at the top level, without specifically breaking out advertising. But I&#39;m sure you get the point:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dccad8c697ddab3e24e65a0adfaea66\" alt=\"GOOGL Profit Margin (Seeking Alpha)\" title=\"GOOGL Profit Margin (Seeking Alpha)\" tg-width=\"640\" tg-height=\"513\"/><span>GOOGL Profit Margin (Seeking Alpha)</span></p><p>And, dialing things a bit, PwC indicates that the US Internet Advertising CAGR is expected to be 6.5%. So, we&#39;re expecting overall market growth, and the profit margins are generally good in this market, perhaps even great.</p><p>We could spend a ton of time on this but the story is the same over and over. There&#39;s growth in advertising, especially online and digital advertising, and margins are quite acceptable. GOOGL does especially well; see above.</p><h2>Because It&#39;s The Zeitgeist...</h2><p>How about a recession? I think Albert Lin did a fine job explaining how I feel about this, in relation to GOOGL and advertising:</p><blockquote>In a downturn, advertisers must also work harder to justify every marketing dollar spent, making ROAS (return on ad spend) a top priority. This means bottom-funnel digital ads driven by commercial intent such as Google Search and Amazon Advertising (AMZN) could be treated as relative safe havens from a budget perspective. In addition, online activities could actually increase in a recession as consumers cut travel plans and dine out less (much like during COVID), providing upside for time spent on services like YouTube and some cushion for digital ad budgets in general.</blockquote><p>Of course I&#39;m worried. But not <em>that</em> worried. Why? There is good news and bad news here, as Piotr Kasprzyk says. Hat tip!</p><p>The potential bad news coming in a recession:</p><ul><li><p>Decreased advertising spending</p></li><li><p>Shifts in consumer behavior</p></li><li><p>Disruption</p></li></ul><p>But, the potential good news in a recession is:</p><ul><li><p>Increased demand for cost-effective solutions</p></li><li><p>Increased search traffic</p></li></ul><p>Throwing this all into a blender, it&#39;s mixed. GOOGL will excel, or simply muddle along at worst. And, frankly, on the related topic and &#34;Big Changes&#34; coming, who knows what A.I. will do to GOOGL.</p><p>Bringing this full circle, I think it&#39;s safe to say that advertising, especially digital advertising, is a fine business. Furthermore, there&#39;s growth, and high margins.</p><p>Even with a recession, and even with A.I. screaming along, GOOGL should at least tread water. I think they&#39;ll do far better. Pressing on.</p><h2>How Have Advertising Companies Done Over The Last 10 Years?</h2><p>I like this question because it gives us an opportunity to compare GOOGL to other companies, in terms of performance.</p><p>As a sidebar, instead of comparing GOOGL to &#34;typical peers&#34; like Microsoft (MSFT), Amazon (AMZN), and Apple (AAPL), we&#39;re going to get specific on more pure play advertisers. To be clear, I believe that GOOGL is very much like <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META). I&#39;ve explained how META is really an ad company.</p><p>Let&#39;s therefore focus on these advertising companies for perspective:</p><ul><li><p><a href=\"https://laohu8.com/S/WPP.UK\">WPP</a> (WPP)</p></li><li><p>Omnicom Group (OMC)</p></li><li><p>Meta Platforms</p></li><li><p>The Interpublic Group (IPG)</p></li><li><p>Publicis Groupe S.A. (OTCQX:PUBGY)</p></li></ul><p>Before moving on, please do not consider any of these as recommendations. I&#39;m not talking about buying, selling or holding any of these companies. Instead, I&#39;m providing color on GOOGL&#39;s performance only. It&#39;s all a matter of relativity here. This is <em>market context</em> to better understand GOOGL.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37f5e9f3e9732f65428f18aa41d1e3bc\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"501\"/><span>Data by YCharts</span></p><p></p><p>META has outperformed GOOGL. Yet, they&#39;ve both crushed WPP, OMC, IPG and PUBGY. I suppose IPG has done fine. Nothing amazing. On the other hand, WPP, OMC, and PUBGY have been bad investments. This is especially true in light of SPY gains over the last 10 years.</p><p>Well, how about this? What about dividends?</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b00379d7bc91bfef415e6fd186268a61\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"501\"/><span>Data by YCharts</span></p><p>Sure, it&#39;s ugly. But you can see that WPP, OMC, IPG and PUBGY have all paid out dividends for a long while. But, GOOGL and META have not. So, there&#39;s at least a pinch of support via dividends. And, at-a-glance, the dividends have been rising over the last 10 years. Naturally, COVID smashed these dividend paying advertisers, but they&#39;ve apparently regained their footing as a group.</p><p>Does this make these companies better? No, I don&#39;t think so. These dividends are merely a consolation prize, especially considering the total returns. This is not a situation like the tobacco companies, where the dividends are <em>awesome</em> for income investors.</p><p>And, how about valuation?</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/774fb96bcd58eabf8d9e33221fd2fd48\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"501\"/><span>Data by YCharts</span></p><p></p><p>I&#39;m only looking at five years here instead of 10 years, due to some charting issues with YCharts. Don&#39;t worry about it. Instead, you can easily get the gist here over this shorter timeframe.</p><p>In essence, these companies are rarely &#34;dirt cheap&#34; and both GOOGL and META are often trading at high multiples, <em>due to growth</em>. I&#39;m 0% surprised to see WPP, OMC, IPG and PUBGY trading around 15 P/E&#39;s. As Chuck says:</p><blockquote>...the 15 P/E ratio is a rational and normal valuation level for most (but not all) publicly traded companies. Consequently, I believe that investors can utilize it as a cogent benchmark valuation measurement. In other words, when they see P/E ratios above 15, the investor should automatically recognize that most stocks are expensive at those levels. Conversely, when they see P/E ratios below 15 they could logically assume that attractive valuation is present.</blockquote><p>GOOGL and META are exceptional companies deserving higher than normal valuations, in most environments. The rest of these companies are simply mediocre, with lower growth rates, and no real strong additional earnings firepower. Let&#39;s get specific. Here are the operating earnings growth rates over a 10-year period:</p><ul><li><p>GOOGL = 17%</p></li><li><p>META = 22%</p></li><li><p>WPP = 1%</p></li><li><p>OMC = 7%</p></li><li><p>IPG = 11%</p></li><li><p>PUBGY = 5%</p></li></ul><p>Interestingly, these growth rates line up fairly well to the stock price changes I showed you above. Scroll up to compare. You&#39;ll see GOOGL, META then IPG, for example, all outshining. Then, look at WPP, at the bottom of the pile. To me, it&#39;s pretty clear, at least from a high level.</p><h2>Wrap Up</h2><p>You know, it&#39;s kind of easy when you take a step back. GOOGL is an excellent company in a pretty good market. They are still highly focused on online digital advertising. It&#39;s a growth market inside a steadily growing market. That&#39;s a tailwind.</p><p>Next, stock prices over time make it obvious that <em>growth rates matter.</em> GOOGL is doing just fine, even in the face of various macro headwinds. Is it really different this time? For example, does A.I. really destroy GOOGL? I doubt it. It&#39;s more likely they take a hit or two, then adapt. They are big but I think nimble enough. Said another way, GOOGL&#39;s huge pile of cash plus the relentless cash flow will solve a lot of problems.</p><p>I need to also point out that the relatively accurate GOOGL analysts believe we&#39;ll see these growth rates:</p><ul><li><p>2023 = 17%</p></li><li><p>2024 = 19%</p></li><li><p>2025 = 17%</p></li></ul><p>Take note, there are a whopping 50+ analysts tracking GOOGL. Over 2-year time periods, they have shown extraordinary success in their predictions:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f945604a3053cdcfbfaf56056e74ecab\" tg-width=\"640\" tg-height=\"309\"/></p><p>GOOGL Earnings Estimates (FAST Graphs)</p><p>As my grandfather loved to say, put that in your pipe and smoke it. You might not like analysts, or you might think they are clowns, but they&#39;ve been fairly accurate with their predictions. I find myself agreeing with them.</p><p>My long view is that <strong>GOOGL stock is at least a Hold</strong>. For a bit of fun, I will tell you that I am not buying hand over fist. However, GOOGL is a sleep well at night holding in my portfolio. I&#39;ve added many, many times under $100 since September 2022. Now might be a time to nibble? Or, I think you could do just fine <em>buying under $100</em>, but that&#39;ll depend on your goals and portfolio.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</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>Google: Buy Under $100</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\">\nGoogle: Buy Under $100\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-10 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4602256-google-stock-buy-under-100><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGoogle is an advertising company.The advertising market is slow growing, but the margins are high.GOOGL is a growth company in the higher-than-average online advertising niche, within the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4602256-google-stock-buy-under-100\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://seekingalpha.com/article/4602256-google-stock-buy-under-100","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2334000712","content_text":"SummaryGoogle is an advertising company.The advertising market is slow growing, but the margins are high.GOOGL is a growth company in the higher-than-average online advertising niche, within the broader advertising market.GOOGL trades at a premium due to this growth more than the high margins, and the \"recipe\" of success remains intact.GOOGL is currently a Hold but is very close to my personal Buy zone.How'd We Get Here?I've only been invested in Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) since June 2019. If I bought a single batch back then I would have a cost basis around $53-55 and I'd be happy with this performance vs. the S&P 500 (SPY):Data by YChartsHowever, my cost basis is about $93 so I'm up about 15% at this point. How did this happen? Well, I set up a small initial position. Then I added along the way up, and the way down. Therefore, I haven't hit the jackpot. Such is the nature of dollar cost averaging.In any event, there's a lot of fear in the air right now about inflation and recessions, and that sort of thing. This is nothing new. In terms of macroeconomics, there's always something to worry about. Always.So, generally speaking, I try not to predict how the winds are blowing. Roughly speaking, I follow Warren Buffett's approach:“Well, think about it. You have all these economists with 160 IQs that spend their life studying it, can you name me one super-wealthy economist that’s ever made money out of securities? No.”Instead, I usually work hard on the fundamentals. I don't spend too much time at all with charting, or technicals, although those tools can help a little. Usually my focus is on the basics, and I try to keep it really simple.Today, in this article, I'm going to do something a wee bit different. I'm merely going to look at GOOGL as an advertising company. Because, frankly, that's what it is, no matter anyone else says. The numbers show it:78% of Alphabet's Revenue is Advertising (Alphabet Inc. (GOOGL) - FORM 10-Q | Quarterly Report)Yes, I did some quick math for you. GOOGL revenue is 78% advertising. I'm not going to spend any time on the balance sheet, or cash holdings, or even any of the normal metrics. We are going to do something a bit different.Is Advertising a Good Business?The short answer is that advertising is a good business but it's not great. I'll quickly show why. That is best done with some references and quotes.IBIS World states (Updated January 2023):The market size of the Advertising Agencies industry in the US has grown 3.6% per year on average between 2017 and 2022.And...Growth in total US advertising expenditure indicates that businesses are more willing to incur advertising expenses, which benefits advertising agencies. In 2023, total advertising expenditure is expected to increase, representing a potential opportunity for the industry.So, this is before the recent bank crisis, and the rise of shadow banks. But, as I said above, there are always macro problems, year after year. The point is that the general advertising trend is up, but not up huge.Moving on, we find that, generally speaking, profit margins in advertising are pretty good, even great. Here's a quick view on GOOGL, at the top level, without specifically breaking out advertising. But I'm sure you get the point:GOOGL Profit Margin (Seeking Alpha)And, dialing things a bit, PwC indicates that the US Internet Advertising CAGR is expected to be 6.5%. So, we're expecting overall market growth, and the profit margins are generally good in this market, perhaps even great.We could spend a ton of time on this but the story is the same over and over. There's growth in advertising, especially online and digital advertising, and margins are quite acceptable. GOOGL does especially well; see above.Because It's The Zeitgeist...How about a recession? I think Albert Lin did a fine job explaining how I feel about this, in relation to GOOGL and advertising:In a downturn, advertisers must also work harder to justify every marketing dollar spent, making ROAS (return on ad spend) a top priority. This means bottom-funnel digital ads driven by commercial intent such as Google Search and Amazon Advertising (AMZN) could be treated as relative safe havens from a budget perspective. In addition, online activities could actually increase in a recession as consumers cut travel plans and dine out less (much like during COVID), providing upside for time spent on services like YouTube and some cushion for digital ad budgets in general.Of course I'm worried. But not that worried. Why? There is good news and bad news here, as Piotr Kasprzyk says. Hat tip!The potential bad news coming in a recession:Decreased advertising spendingShifts in consumer behaviorDisruptionBut, the potential good news in a recession is:Increased demand for cost-effective solutionsIncreased search trafficThrowing this all into a blender, it's mixed. GOOGL will excel, or simply muddle along at worst. And, frankly, on the related topic and \"Big Changes\" coming, who knows what A.I. will do to GOOGL.Bringing this full circle, I think it's safe to say that advertising, especially digital advertising, is a fine business. Furthermore, there's growth, and high margins.Even with a recession, and even with A.I. screaming along, GOOGL should at least tread water. I think they'll do far better. Pressing on.How Have Advertising Companies Done Over The Last 10 Years?I like this question because it gives us an opportunity to compare GOOGL to other companies, in terms of performance.As a sidebar, instead of comparing GOOGL to \"typical peers\" like Microsoft (MSFT), Amazon (AMZN), and Apple (AAPL), we're going to get specific on more pure play advertisers. To be clear, I believe that GOOGL is very much like Meta Platforms (META). I've explained how META is really an ad company.Let's therefore focus on these advertising companies for perspective:WPP (WPP)Omnicom Group (OMC)Meta PlatformsThe Interpublic Group (IPG)Publicis Groupe S.A. (OTCQX:PUBGY)Before moving on, please do not consider any of these as recommendations. I'm not talking about buying, selling or holding any of these companies. Instead, I'm providing color on GOOGL's performance only. It's all a matter of relativity here. This is market context to better understand GOOGL.Data by YChartsMETA has outperformed GOOGL. Yet, they've both crushed WPP, OMC, IPG and PUBGY. I suppose IPG has done fine. Nothing amazing. On the other hand, WPP, OMC, and PUBGY have been bad investments. This is especially true in light of SPY gains over the last 10 years.Well, how about this? What about dividends?Data by YChartsSure, it's ugly. But you can see that WPP, OMC, IPG and PUBGY have all paid out dividends for a long while. But, GOOGL and META have not. So, there's at least a pinch of support via dividends. And, at-a-glance, the dividends have been rising over the last 10 years. Naturally, COVID smashed these dividend paying advertisers, but they've apparently regained their footing as a group.Does this make these companies better? No, I don't think so. These dividends are merely a consolation prize, especially considering the total returns. This is not a situation like the tobacco companies, where the dividends are awesome for income investors.And, how about valuation?Data by YChartsI'm only looking at five years here instead of 10 years, due to some charting issues with YCharts. Don't worry about it. Instead, you can easily get the gist here over this shorter timeframe.In essence, these companies are rarely \"dirt cheap\" and both GOOGL and META are often trading at high multiples, due to growth. I'm 0% surprised to see WPP, OMC, IPG and PUBGY trading around 15 P/E's. As Chuck says:...the 15 P/E ratio is a rational and normal valuation level for most (but not all) publicly traded companies. Consequently, I believe that investors can utilize it as a cogent benchmark valuation measurement. In other words, when they see P/E ratios above 15, the investor should automatically recognize that most stocks are expensive at those levels. Conversely, when they see P/E ratios below 15 they could logically assume that attractive valuation is present.GOOGL and META are exceptional companies deserving higher than normal valuations, in most environments. The rest of these companies are simply mediocre, with lower growth rates, and no real strong additional earnings firepower. Let's get specific. Here are the operating earnings growth rates over a 10-year period:GOOGL = 17%META = 22%WPP = 1%OMC = 7%IPG = 11%PUBGY = 5%Interestingly, these growth rates line up fairly well to the stock price changes I showed you above. Scroll up to compare. You'll see GOOGL, META then IPG, for example, all outshining. Then, look at WPP, at the bottom of the pile. To me, it's pretty clear, at least from a high level.Wrap UpYou know, it's kind of easy when you take a step back. GOOGL is an excellent company in a pretty good market. They are still highly focused on online digital advertising. It's a growth market inside a steadily growing market. That's a tailwind.Next, stock prices over time make it obvious that growth rates matter. GOOGL is doing just fine, even in the face of various macro headwinds. Is it really different this time? For example, does A.I. really destroy GOOGL? I doubt it. It's more likely they take a hit or two, then adapt. They are big but I think nimble enough. Said another way, GOOGL's huge pile of cash plus the relentless cash flow will solve a lot of problems.I need to also point out that the relatively accurate GOOGL analysts believe we'll see these growth rates:2023 = 17%2024 = 19%2025 = 17%Take note, there are a whopping 50+ analysts tracking GOOGL. Over 2-year time periods, they have shown extraordinary success in their predictions:GOOGL Earnings Estimates (FAST Graphs)As my grandfather loved to say, put that in your pipe and smoke it. You might not like analysts, or you might think they are clowns, but they've been fairly accurate with their predictions. I find myself agreeing with them.My long view is that GOOGL stock is at least a Hold. For a bit of fun, I will tell you that I am not buying hand over fist. However, GOOGL is a sleep well at night holding in my portfolio. I've added many, many times under $100 since September 2022. Now might be a time to nibble? Or, I think you could do just fine buying under $100, but that'll depend on your goals and portfolio.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970082401,"gmtCreate":1683720956304,"gmtModify":1683725310793,"author":{"id":"4144511006218432","authorId":"4144511006218432","name":"thought","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4144511006218432","authorIdStr":"4144511006218432"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970082401","repostId":"2334754856","repostType":2,"repost":{"id":"2334754856","kind":"highlight","pubTimestamp":1683718126,"share":"https://ttm.financial/m/news/2334754856?lang=&edition=fundamental","pubTime":"2023-05-10 19:28","market":"us","language":"en","title":"Here’s Why You Should Invest in Meta Platforms (META)","url":"https://stock-news.laohu8.com/highlight/detail?id=2334754856","media":"Insider Monkey","summary":"Baron Funds, an investment management company, released its “Baron Opportunity Fund” first quarter 2","content":"<html><body><p>Baron Funds, an investment management company, released its “Baron Opportunity Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund outperformed the broader market and increased by 17.96% (Institutional Shares) compared to a 13.85% return for the Russell 3000 Growth Index and a 7.50% return for the S&amp;P 500 Index. In addition, please check the fund’s top five holdings to know its best picks in 2023.</p>\n<p>Baron Opportunity Fund highlighted stocks like <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (NASDAQ:META) in the first quarter 2023 investor letter. Headquartered in Menlo Park, California, Meta Platforms, Inc. (NASDAQ:META) is a technology company that develops products to connect people. On May 9, 2023, Meta Platforms, Inc. (NASDAQ:META) stock closed at $233.37 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was 9.05%, and its shares gained 23.65% of their value over the last 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $598.064 billion.</p>\n<p>Baron Opportunity Fund made the following comment about Meta Platforms, Inc. (NASDAQ:META) in its Q1 2023 investor letter:</p>\n<blockquote>\n<p>\"We continued rebuilding our position of <strong>Meta Platforms, Inc.</strong> (NASDAQ:META), the world’s largest social network, this quarter. We believe Meta is competitively well positioned to utilize its leadership in mobile advertising and expand further with the generative AI shift, especially given its massive user base, substantial technological scale, and innovative culture. Core engagement has been strong at Meta, especially with the success of Instagram Reels, which is regaining share from TikTok. Across its platforms, Meta has 3.7 billion monthly active users. A U.S. TikTok ban would further materially benefit Meta. In terms of improving monetization, Meta has developed more effective ad targeting in the last few months with its Advantage+ product. Longer term, Meta has invested in generative AI for years and has among the world’s best and largest datasets and distribution. We believe generative AI can materially help Meta improve existing products (e.g., instantly generate personalized creative ads) and expand into new areas (e.g., through WhatsApp and Messenger chats). On the profitability front, Meta’s management is serious about cost discipline (laying off approximately 21,000 workers) and prioritizing a more efficient environment, led in earnest by CEO Mark Zuckerberg. Valuation remains relatively attractive, especially as we expect double-digit earnings per share growth, and additional growth options remain.\"</p>\n</blockquote>\n<img height=\"500\" src=\"https://s1.yimg.com/uu/api/res/1.2/lLBKWR3ien3uvtjOT_TL9g--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/4148d836262bd166b1c455cd42b4d3f9\" width=\"750\"/> Pixabay/Public Domain \n<p>Meta Platforms, Inc. (NASDAQ:META) is in 4th position on our list of <u>30 Most <a href=\"https://laohu8.com/S/BPOPN\">Popular</a> Stocks Among Hedge Funds</u>. As per our database, 194 hedge fund portfolios held Meta Platforms, Inc. (NASDAQ:META) at the end of the fourth quarter which was 177 in the previous quarter.</p>\n<p>We discussed Meta Platforms, Inc. (NASDAQ:META) in another article and shared the list of best advertising agency stocks to buy. In addition, please check out our hedge fund investor letters Q1 2023 page for more investor letters from hedge funds and other leading investors.</p>   \n<p>Suggested Articles:</p>\n<ul>\n<li><span>11 Best Canadian Dividend Stocks For Income Investors</span></li>\n<li><span>35 Best Comedy Movies on Netflix</span></li>\n<li><span>15 Countries That Have The Highest Taxes On <a href=\"https://laohu8.com/S/HTM.AU\">High</a> Incomes</span></li>\n</ul>\n<p>Disclosure: None. This article is originally published at Insider Monkey.</p></body></html>","source":"yahoofinance","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>Here’s Why You Should Invest in Meta Platforms (META)</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\">\nHere’s Why You Should Invest in Meta Platforms (META)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-10 19:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-invest-meta-platforms-meta-112846518.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baron Funds, an investment management company, released its “Baron Opportunity Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-invest-meta-platforms-meta-112846518.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/lq1RE8iE1p6bT0QVMXZr1Q--~B/aD0xMjgwO3c9MTkyMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/insidermonkey.com/4148d836262bd166b1c455cd42b4d3f9","relate_stocks":{"BK4588":"碎股",".IXIC":"NASDAQ Composite","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","QID":"纳指两倍做空ETF","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","META":"Meta Platforms, Inc.","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","QQQ":"纳指100ETF","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4539":"次新股","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4191":"家用电器","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4585":"ETF&股票定投概念","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","SQQQ":"纳指三倍做空ETF","BOLT":"Bolt Biotherapeutics, Inc.","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4077":"互动媒体与服务","CRCT":"Cricut, Inc.","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD"},"source_url":"https://finance.yahoo.com/news/why-invest-meta-platforms-meta-112846518.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2334754856","content_text":"Baron Funds, an investment management company, released its “Baron Opportunity Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund outperformed the broader market and increased by 17.96% (Institutional Shares) compared to a 13.85% return for the Russell 3000 Growth Index and a 7.50% return for the S&P 500 Index. In addition, please check the fund’s top five holdings to know its best picks in 2023.\nBaron Opportunity Fund highlighted stocks like Meta Platforms, Inc. (NASDAQ:META) in the first quarter 2023 investor letter. Headquartered in Menlo Park, California, Meta Platforms, Inc. (NASDAQ:META) is a technology company that develops products to connect people. On May 9, 2023, Meta Platforms, Inc. (NASDAQ:META) stock closed at $233.37 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was 9.05%, and its shares gained 23.65% of their value over the last 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $598.064 billion.\nBaron Opportunity Fund made the following comment about Meta Platforms, Inc. (NASDAQ:META) in its Q1 2023 investor letter:\n\n\"We continued rebuilding our position of Meta Platforms, Inc. (NASDAQ:META), the world’s largest social network, this quarter. We believe Meta is competitively well positioned to utilize its leadership in mobile advertising and expand further with the generative AI shift, especially given its massive user base, substantial technological scale, and innovative culture. Core engagement has been strong at Meta, especially with the success of Instagram Reels, which is regaining share from TikTok. Across its platforms, Meta has 3.7 billion monthly active users. A U.S. TikTok ban would further materially benefit Meta. In terms of improving monetization, Meta has developed more effective ad targeting in the last few months with its Advantage+ product. Longer term, Meta has invested in generative AI for years and has among the world’s best and largest datasets and distribution. We believe generative AI can materially help Meta improve existing products (e.g., instantly generate personalized creative ads) and expand into new areas (e.g., through WhatsApp and Messenger chats). On the profitability front, Meta’s management is serious about cost discipline (laying off approximately 21,000 workers) and prioritizing a more efficient environment, led in earnest by CEO Mark Zuckerberg. Valuation remains relatively attractive, especially as we expect double-digit earnings per share growth, and additional growth options remain.\"\n\n Pixabay/Public Domain \nMeta Platforms, Inc. (NASDAQ:META) is in 4th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 194 hedge fund portfolios held Meta Platforms, Inc. (NASDAQ:META) at the end of the fourth quarter which was 177 in the previous quarter.\nWe discussed Meta Platforms, Inc. (NASDAQ:META) in another article and shared the list of best advertising agency stocks to buy. In addition, please check out our hedge fund investor letters Q1 2023 page for more investor letters from hedge funds and other leading investors.   \nSuggested Articles:\n\n11 Best Canadian Dividend Stocks For Income Investors\n35 Best Comedy Movies on Netflix\n15 Countries That Have The Highest Taxes On High Incomes\n\nDisclosure: None. This article is originally published at Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944716488,"gmtCreate":1682120069344,"gmtModify":1682130074820,"author":{"id":"4144511006218432","authorId":"4144511006218432","name":"thought","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4144511006218432","authorIdStr":"4144511006218432"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9944716488","repostId":"2329395820","repostType":2,"repost":{"id":"2329395820","kind":"highlight","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":1682118423,"share":"https://ttm.financial/m/news/2329395820?lang=&edition=fundamental","pubTime":"2023-04-22 07:07","market":"us","language":"en","title":"Wall St Posts Slim Gain Ahead of Big Earnings Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2329395820","media":"Reuters","summary":"US business activity rises to 11-month high in AprilProcter & Gamble gains on upbeat sales forecastA","content":"<html><head></head><body><ul><li><p>US business activity rises to 11-month high in April</p></li><li><p>Procter &amp; Gamble gains on upbeat sales forecast</p></li><li><p>Amazon rises as research firm predicts upbeat retail sales</p></li><li><p>Albemarle falls on Chile move to nationalize lithium</p></li><li><p>Indexes up: Dow 0.07%, S&amp;P 0.09%, Nasdaq 0.11%</p></li></ul><p>April 21 (Reuters) - Major U.S. stock indexes ended with fractional gains on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports.</p><p>A survey showed U.S. business activity accelerated to an 11-month high in April, further clouding the outlook for the Federal Reserve&#39;s monetary policy after data earlier in the week indicated a weakening economy.</p><p>Procter &amp; Gamble Co&#39;s shares rose 3.5% as customers kept buying despite repeated price hikes, helping the maker of products raging from Tide detergent and Gillette razors to Head &amp; Shoulders shampoo and Crest toothpaste boost its sales forecast and third-quarter margins.</p><p>The benchmark S&amp;P 500 has been generally stable over early stages of a first-quarter earnings season that investors expect to show tepid results. Next week will see a flood of reports, including from megacap tech and growth companies whose shares have helped the S&amp;P 500 rally to start the year.</p><p>“The market has been basically in a bit of a holding pattern ahead of big tech earnings next week,” said Keith Lerner, co-chief investment officer at Truist Advisory Services. &#34;There is a tug of war between good and bad economic data, good and bad earnings data.”</p><p>The Dow Jones Industrial Average rose 22.34 points, or 0.07%, to 33,808.96, the S&amp;P 500 gained 3.73 points, or 0.09%, to 4,133.52 and the Nasdaq Composite added 12.90 points, or 0.11%, to 12,072.46.</p><p>For the week, the S&amp;P 500 slipped 0.1%, the Dow dipped 0.2% and the Nasdaq lost 0.4%.</p><p>Results next week are due from some of the highest-valued U.S. companies including Microsoft , Google parent Alphabet and Amazon . Amazon shares rose 3% on Friday after a research firm predicted the online retailer&#39;s business in North America would beat Wall Street&#39;s estimates.</p><p>The materials group fell 0.9%, most among S&amp;P 500 sectors, weighed down by declines in Freeport-McMoRan Inc</p><p>and Albemarle Corp . Albemarle slumped 10% after Chile unveiled plans to nationalize the lithium industry. Shares of Freeport dropped 4.1% after the copper miner&#39;s first-quarter profit more than halved.</p><p>In other earnings news, HCA Healthcare Inc shares jumped about 4% after the hospital operator lifted forecasts for 2023. Its report boosted shares of other hospital operators.</p><p>So far, analysts have largely retained last week&#39;s expectations of a near-5% year-on-year fall in quarterly profits at S&amp;P 500 companies, according to Refinitiv data.</p><p>&#34;The unpredictability of earnings and revenue and guidance going forward has increased a lot,&#34; said Peter Tuz, president of Chase Investment Counsel. &#34;You have signs that the economy is softening all over the place.&#34;</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 20 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 53 new highs and 186 new lows.</p><p>About 9.9 billion shares changed hands in U.S. exchanges, compared with the 10.4 billion daily average over the last 20 sessions.</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>Wall St Posts Slim Gain Ahead of Big Earnings Week</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; 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}\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\">\nWall St Posts Slim Gain Ahead of Big Earnings Week\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\">2023-04-22 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p>US business activity rises to 11-month high in April</p></li><li><p>Procter &amp; Gamble gains on upbeat sales forecast</p></li><li><p>Amazon rises as research firm predicts upbeat retail sales</p></li><li><p>Albemarle falls on Chile move to nationalize lithium</p></li><li><p>Indexes up: Dow 0.07%, S&amp;P 0.09%, Nasdaq 0.11%</p></li></ul><p>April 21 (Reuters) - Major U.S. stock indexes ended with fractional gains on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports.</p><p>A survey showed U.S. business activity accelerated to an 11-month high in April, further clouding the outlook for the Federal Reserve&#39;s monetary policy after data earlier in the week indicated a weakening economy.</p><p>Procter &amp; Gamble Co&#39;s shares rose 3.5% as customers kept buying despite repeated price hikes, helping the maker of products raging from Tide detergent and Gillette razors to Head &amp; Shoulders shampoo and Crest toothpaste boost its sales forecast and third-quarter margins.</p><p>The benchmark S&amp;P 500 has been generally stable over early stages of a first-quarter earnings season that investors expect to show tepid results. Next week will see a flood of reports, including from megacap tech and growth companies whose shares have helped the S&amp;P 500 rally to start the year.</p><p>“The market has been basically in a bit of a holding pattern ahead of big tech earnings next week,” said Keith Lerner, co-chief investment officer at Truist Advisory Services. &#34;There is a tug of war between good and bad economic data, good and bad earnings data.”</p><p>The Dow Jones Industrial Average rose 22.34 points, or 0.07%, to 33,808.96, the S&amp;P 500 gained 3.73 points, or 0.09%, to 4,133.52 and the Nasdaq Composite added 12.90 points, or 0.11%, to 12,072.46.</p><p>For the week, the S&amp;P 500 slipped 0.1%, the Dow dipped 0.2% and the Nasdaq lost 0.4%.</p><p>Results next week are due from some of the highest-valued U.S. companies including Microsoft , Google parent Alphabet and Amazon . Amazon shares rose 3% on Friday after a research firm predicted the online retailer&#39;s business in North America would beat Wall Street&#39;s estimates.</p><p>The materials group fell 0.9%, most among S&amp;P 500 sectors, weighed down by declines in Freeport-McMoRan Inc</p><p>and Albemarle Corp . Albemarle slumped 10% after Chile unveiled plans to nationalize the lithium industry. Shares of Freeport dropped 4.1% after the copper miner&#39;s first-quarter profit more than halved.</p><p>In other earnings news, HCA Healthcare Inc shares jumped about 4% after the hospital operator lifted forecasts for 2023. Its report boosted shares of other hospital operators.</p><p>So far, analysts have largely retained last week&#39;s expectations of a near-5% year-on-year fall in quarterly profits at S&amp;P 500 companies, according to Refinitiv data.</p><p>&#34;The unpredictability of earnings and revenue and guidance going forward has increased a lot,&#34; said Peter Tuz, president of Chase Investment Counsel. &#34;You have signs that the economy is softening all over the place.&#34;</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 20 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 53 new highs and 186 new lows.</p><p>About 9.9 billion shares changed hands in U.S. exchanges, compared with the 10.4 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","PG":"宝洁",".DJI":"道琼斯","GOOGL":"谷歌A","MSFT":"微软","AMZN":"亚马逊","HCA":"HCA控股",".IXIC":"NASDAQ Composite","ALB":"美国雅保"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2329395820","content_text":"US business activity rises to 11-month high in AprilProcter & Gamble gains on upbeat sales forecastAmazon rises as research firm predicts upbeat retail salesAlbemarle falls on Chile move to nationalize lithiumIndexes up: Dow 0.07%, S&P 0.09%, Nasdaq 0.11%April 21 (Reuters) - Major U.S. stock indexes ended with fractional gains on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports.A survey showed U.S. business activity accelerated to an 11-month high in April, further clouding the outlook for the Federal Reserve's monetary policy after data earlier in the week indicated a weakening economy.Procter & Gamble Co's shares rose 3.5% as customers kept buying despite repeated price hikes, helping the maker of products raging from Tide detergent and Gillette razors to Head & Shoulders shampoo and Crest toothpaste boost its sales forecast and third-quarter margins.The benchmark S&P 500 has been generally stable over early stages of a first-quarter earnings season that investors expect to show tepid results. Next week will see a flood of reports, including from megacap tech and growth companies whose shares have helped the S&P 500 rally to start the year.“The market has been basically in a bit of a holding pattern ahead of big tech earnings next week,” said Keith Lerner, co-chief investment officer at Truist Advisory Services. \"There is a tug of war between good and bad economic data, good and bad earnings data.”The Dow Jones Industrial Average rose 22.34 points, or 0.07%, to 33,808.96, the S&P 500 gained 3.73 points, or 0.09%, to 4,133.52 and the Nasdaq Composite added 12.90 points, or 0.11%, to 12,072.46.For the week, the S&P 500 slipped 0.1%, the Dow dipped 0.2% and the Nasdaq lost 0.4%.Results next week are due from some of the highest-valued U.S. companies including Microsoft , Google parent Alphabet and Amazon . Amazon shares rose 3% on Friday after a research firm predicted the online retailer's business in North America would beat Wall Street's estimates.The materials group fell 0.9%, most among S&P 500 sectors, weighed down by declines in Freeport-McMoRan Incand Albemarle Corp . Albemarle slumped 10% after Chile unveiled plans to nationalize the lithium industry. Shares of Freeport dropped 4.1% after the copper miner's first-quarter profit more than halved.In other earnings news, HCA Healthcare Inc shares jumped about 4% after the hospital operator lifted forecasts for 2023. Its report boosted shares of other hospital operators.So far, analysts have largely retained last week's expectations of a near-5% year-on-year fall in quarterly profits at S&P 500 companies, according to Refinitiv data.\"The unpredictability of earnings and revenue and guidance going forward has increased a lot,\" said Peter Tuz, president of Chase Investment Counsel. \"You have signs that the economy is softening all over the place.\"Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored decliners.The S&P 500 posted 20 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 53 new highs and 186 new lows.About 9.9 billion shares changed hands in U.S. exchanges, compared with the 10.4 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}