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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\">\nHere's why hedge fund manager Dan Niles likes Facebook as a reopening play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 22:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/hedge-fund-manager-dan-niles-likes-facebook-stock-as-reopening-play.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund manager Dan Niles said he likes Facebook shares as a reopening play and added a streaming alternative toNetflixin his portfolio.While the Satori Fund founder and senior portfolio manager ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/hedge-fund-manager-dan-niles-likes-facebook-stock-as-reopening-play.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/05/27/hedge-fund-manager-dan-niles-likes-facebook-stock-as-reopening-play.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1162762819","content_text":"Hedge fund manager Dan Niles said he likes Facebook shares as a reopening play and added a streaming alternative toNetflixin his portfolio.While the Satori Fund founder and senior portfolio manager said he’s avoided high-valuation technology stocks, he believes Facebook could gain from increased advertising as Covid restrictions ease.“They also benefit as hotels, airlines start to re-advertise,” Niles said Thursday on CNBC’s “Squawk Box.” “That business of theirs should continue to improve as economies across the globe start to open up.”Niles also told CNBC he addedViacomto his portfolio as an alternative to Netflix.“People love streaming. If you look at Viacom...that’s an incredibly cheap way to participate in streaming,” Niles said.Shares of streaming giant Netflix were last down more than 7% so far this year, while Viacom shares were up about 15%The hedge fund manager also hasMagna, a manufacturer of mobility tech for automakers, in his portfolio as a cheaper alternative toTeslain the electric vehicles sector.“Instead of EV with Tesla, we like Magna,” Niles said. “That helps protect the portfolio as well.”Niles said he believes the fair value for Tesla shares, which were last trading at more than $624, is “quite a bit lower.” Shares of Magna were last trading at $100.08.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/135994736"}