etan000
2021-12-30
Ok
Tech Megacaps Had a Big 2021. What’s Ahead for 2022.
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
1
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":692968074,"tweetId":"692968074","gmtCreate":1640829364662,"gmtModify":1640829422031,"author":{"id":3582010497192751,"idStr":"3582010497192751","authorId":3582010497192751,"authorIdStr":"3582010497192751","name":"etan000","avatar":"https://static.tigerbbs.com/3cf965ffd3853f655731971c5c39433f","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":23,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Ok</p></body></html>","htmlText":"<html><head></head><body><p>Ok</p></body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/692968074","repostId":1190720053,"repostType":4,"repost":{"id":"1190720053","pubTimestamp":1640787793,"share":"https://www.laohu8.com/m/news/1190720053?lang=&edition=full","pubTime":"2021-12-29 22:23","market":"us","language":"en","title":"Tech Megacaps Had a Big 2021. What’s Ahead for 2022.","url":"https://stock-news.laohu8.com/highlight/detail?id=1190720053","media":"Barrons","summary":"While the tech megacaps continue to grow in importance in the major stock averages, the market-cap g","content":"<html><head></head><body><p>While the tech megacaps continue to grow in importance in the major stock averages, the market-cap giants have actually had wildly divergent performance in 2021—and their prospects vary considerably for 2022.</p><p>Let’s take a closer look, in size order, at the eight tech stocks with valuations of more than $500 billion.</p><p>Apple (ticker: AAPL) remains the world’s most highly valued company, with a market capitalization just a smidgen shy of $3 trillion. With a year-to-date gain of about 36%, Apple has outperformed both the 27% return on the S&P 500 and the 23% rally on the Nasdaq Composite.</p><p>Most of Apple’s performance was concentrated in the fourth quarter—the stock is up 27% since the end of October, a period in which the S&P 500 rallied a more modest 11%. Several factors appear to be contributing to its strength: Apple continues to report robust growth for the iPhone, Macs, iPads, wearables, and services, all while aggressively repurchasing its own stock. And 2022 is shaping up to be a big year for new products, with growing buzz in particular about the potential launch of a headset for augmented- and virtual-reality applications.</p><p>This year’s rally follows gains of 82% last year and 89% in 2019, which means the stock has rallied 365% over the past three years. Barring a sharp slowdown in iPhone sales, the string should continue in 2022.</p><p>Microsoft (MSFT) had a fantastic year, with the stock up 54% year to date, driving its market cap to $2.56 trillion. The world’s largest software company is producing astonishing growth at scale, with the top line up 22% in the latest quarter. Underlying Microsoft’s strong growth is continued demand for cloud computing—the company’s Azure business expanded 50% in the September quarter.</p><p>Meanwhile, Microsoft is seeing strength in demand for Office, Windows, Xbox, and other parts of its business. With enterprise spending likely to accelerate in 2022, there seems no reason to think that Microsoft’s impressive growth will slow down next year.</p><p>Alphabet shares (GOOGL) have soared 68% so far in 2021, leaving its market cap just shy of $2 trillion. There’s simply no slowdown in demand for online advertising—and the company’s Google unit has largely dodged the pain inflicted on some ad-supported businesses by Apple’s shift to new rules that make it harder to follow customer behavior on iPhones. Search activity isn’t as dependent as display ads for determining consumer intent—and it seems likely that some ad spending is shifting from social media to search-based advertising. Growth is robust, too, in the company’s YouTube business.</p><p>Barring any new regulatory challenges, it seems likely that Alphabet will continue to produce strong growth in 2022—Street consensus estimates call for 17% growth.</p><p>Amazon.com (AMZN) is the clear laggard among the megacaps, with a year-to-date gain of just 5%, leaving the stock with a valuation of $1.74 billion. It’s behaving like an out-of-favor stay-at-home stock—growth in the company’s core e-commerce business has slowed as some shoppers began venturing to physical stores for some purchases. Other elements of the business remain strong, though, including the Amazon Web Services cloud business, logistics and advertising. Investors also factored in the decision by founder Jeff Bezos to step down as CEO, replaced by former AWS chief Andy Jassy.</p><p>One other wild card: New Federal Trade Commission chair Lina Khan has a long track record as an Amazon critic. The FTC has yet to rule on the company’s pending acquisition of the movie studio MGM—nor have they responded on an Amazon request for Khan to recuse herself on all Amazon matters given her previous writings about the company. Despite all of that, after a year of lackluster performance, the stock might be the most appealing of the tech giants for 2022.</p><p>Tesla (TSLA) is back in the 13-digit market-cap club, with a 57% gain for the year, all of that in the year’s second half, including a 16% gain since Dec. 21. Founder and CEO Elon Musk seems to have completed a recent flurry of stock sales, and Street analysts have been ratcheting up both their target prices and their earnings estimates for the electric vehicle leader. Wedbush analyst Dan Ives, who has a $1,400 target on the stock—a potential gain of more than 30%—thinks the key could be demand in China.</p><p>Meta Platforms (FB) is up 22% this year, lifting its market cap to $967 billion, impressive performance after a year in which the company received a blizzard of bad publicity, in particular a scathing Wall Street Journal series called “The Facebook Files,” which levered leaked material to raise myriad questions about the ill effects of the company’s platforms. Meanwhile, Apple’s efforts to prevent consumer activity tracking on iPhones hurt the company’s ability to target advertising, while regulatory pressures on the company continue to mount.</p><p>The company also changed its name and launched a $10 billion investment program focused on the metaverse, a bold call that might not pay off for years, or maybe ever. All that said, Facebook shares look relatively modestly valued compared with other Big Tech names, which makes them an intriguing option.</p><p>Two chip plays have muscled into the megacap discussion.</p><p>Nvidia shares (NVDA) have had a fantastic run, up 132% for the year to date, boosting the company’s valuation to $750 billion. Once viewed mostly as a provider of graphics cards used by gamers, Nvidia is now a key component provider to cloud-computing companies—and a play on almost every key trend in the semiconductor world, including cryptocurrency mining, artificial intelligence and machine learning, electric and autonomous vehicles, and even the metaverse. Revenue in the latest quarter surged 50%. One caveat on Nvidia shares is that the stock trades at 28 times current year estimated revenues—a valuation more often awarded cloud-software stocks than chip makers.</p><p>And then there’s Taiwan Semiconductor (TSM), which has been a laggard, up just 12% for the year despite the huge global appetite for chips. The world’s largest contract chip maker, with a market cap of $635 billion, is building out new facilities in an attempt to catch up with demand, while other players like Samsung Electronics (005930.Korea) and GlobalFoundries (GFS) do the same, and Intel (INTC) likewise is moving into the market.</p></body></html>","source":"lsy1601382232898","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>Tech Megacaps Had a Big 2021. What’s Ahead for 2022.</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\">\nTech Megacaps Had a Big 2021. What’s Ahead for 2022.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-29 22:23 GMT+8 <a href=https://www.barrons.com/articles/tech-megacaps-apple-microsoft-alphabet-amazon-whats-ahead-51640716212?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While the tech megacaps continue to grow in importance in the major stock averages, the market-cap giants have actually had wildly divergent performance in 2021—and their prospects vary considerably ...</p>\n\n<a href=\"https://www.barrons.com/articles/tech-megacaps-apple-microsoft-alphabet-amazon-whats-ahead-51640716212?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","GOOG":"谷歌","MSFT":"微软","AMZN":"亚马逊","GOOGL":"谷歌A","NVDA":"英伟达","AAPL":"苹果","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tech-megacaps-apple-microsoft-alphabet-amazon-whats-ahead-51640716212?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190720053","content_text":"While the tech megacaps continue to grow in importance in the major stock averages, the market-cap giants have actually had wildly divergent performance in 2021—and their prospects vary considerably for 2022.Let’s take a closer look, in size order, at the eight tech stocks with valuations of more than $500 billion.Apple (ticker: AAPL) remains the world’s most highly valued company, with a market capitalization just a smidgen shy of $3 trillion. With a year-to-date gain of about 36%, Apple has outperformed both the 27% return on the S&P 500 and the 23% rally on the Nasdaq Composite.Most of Apple’s performance was concentrated in the fourth quarter—the stock is up 27% since the end of October, a period in which the S&P 500 rallied a more modest 11%. Several factors appear to be contributing to its strength: Apple continues to report robust growth for the iPhone, Macs, iPads, wearables, and services, all while aggressively repurchasing its own stock. And 2022 is shaping up to be a big year for new products, with growing buzz in particular about the potential launch of a headset for augmented- and virtual-reality applications.This year’s rally follows gains of 82% last year and 89% in 2019, which means the stock has rallied 365% over the past three years. Barring a sharp slowdown in iPhone sales, the string should continue in 2022.Microsoft (MSFT) had a fantastic year, with the stock up 54% year to date, driving its market cap to $2.56 trillion. The world’s largest software company is producing astonishing growth at scale, with the top line up 22% in the latest quarter. Underlying Microsoft’s strong growth is continued demand for cloud computing—the company’s Azure business expanded 50% in the September quarter.Meanwhile, Microsoft is seeing strength in demand for Office, Windows, Xbox, and other parts of its business. With enterprise spending likely to accelerate in 2022, there seems no reason to think that Microsoft’s impressive growth will slow down next year.Alphabet shares (GOOGL) have soared 68% so far in 2021, leaving its market cap just shy of $2 trillion. There’s simply no slowdown in demand for online advertising—and the company’s Google unit has largely dodged the pain inflicted on some ad-supported businesses by Apple’s shift to new rules that make it harder to follow customer behavior on iPhones. Search activity isn’t as dependent as display ads for determining consumer intent—and it seems likely that some ad spending is shifting from social media to search-based advertising. Growth is robust, too, in the company’s YouTube business.Barring any new regulatory challenges, it seems likely that Alphabet will continue to produce strong growth in 2022—Street consensus estimates call for 17% growth.Amazon.com (AMZN) is the clear laggard among the megacaps, with a year-to-date gain of just 5%, leaving the stock with a valuation of $1.74 billion. It’s behaving like an out-of-favor stay-at-home stock—growth in the company’s core e-commerce business has slowed as some shoppers began venturing to physical stores for some purchases. Other elements of the business remain strong, though, including the Amazon Web Services cloud business, logistics and advertising. Investors also factored in the decision by founder Jeff Bezos to step down as CEO, replaced by former AWS chief Andy Jassy.One other wild card: New Federal Trade Commission chair Lina Khan has a long track record as an Amazon critic. The FTC has yet to rule on the company’s pending acquisition of the movie studio MGM—nor have they responded on an Amazon request for Khan to recuse herself on all Amazon matters given her previous writings about the company. Despite all of that, after a year of lackluster performance, the stock might be the most appealing of the tech giants for 2022.Tesla (TSLA) is back in the 13-digit market-cap club, with a 57% gain for the year, all of that in the year’s second half, including a 16% gain since Dec. 21. Founder and CEO Elon Musk seems to have completed a recent flurry of stock sales, and Street analysts have been ratcheting up both their target prices and their earnings estimates for the electric vehicle leader. Wedbush analyst Dan Ives, who has a $1,400 target on the stock—a potential gain of more than 30%—thinks the key could be demand in China.Meta Platforms (FB) is up 22% this year, lifting its market cap to $967 billion, impressive performance after a year in which the company received a blizzard of bad publicity, in particular a scathing Wall Street Journal series called “The Facebook Files,” which levered leaked material to raise myriad questions about the ill effects of the company’s platforms. Meanwhile, Apple’s efforts to prevent consumer activity tracking on iPhones hurt the company’s ability to target advertising, while regulatory pressures on the company continue to mount.The company also changed its name and launched a $10 billion investment program focused on the metaverse, a bold call that might not pay off for years, or maybe ever. All that said, Facebook shares look relatively modestly valued compared with other Big Tech names, which makes them an intriguing option.Two chip plays have muscled into the megacap discussion.Nvidia shares (NVDA) have had a fantastic run, up 132% for the year to date, boosting the company’s valuation to $750 billion. Once viewed mostly as a provider of graphics cards used by gamers, Nvidia is now a key component provider to cloud-computing companies—and a play on almost every key trend in the semiconductor world, including cryptocurrency mining, artificial intelligence and machine learning, electric and autonomous vehicles, and even the metaverse. Revenue in the latest quarter surged 50%. One caveat on Nvidia shares is that the stock trades at 28 times current year estimated revenues—a valuation more often awarded cloud-software stocks than chip makers.And then there’s Taiwan Semiconductor (TSM), which has been a laggard, up just 12% for the year despite the huge global appetite for chips. The world’s largest contract chip maker, with a market cap of $635 billion, is building out new facilities in an attempt to catch up with demand, while other players like Samsung Electronics (005930.Korea) and GlobalFoundries (GFS) do the same, and Intel (INTC) likewise is moving into the market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1795,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/692968074"}
精彩评论