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2021-04-22

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Peloton’s clash with agency over treadmill safety threatens to tarnish brand

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href=\"https://www.cnbc.com/2021/04/20/pelotons-clash-with-agency-over-tread-safety-could-tarnish-brand.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Peloton’s clash with agency over treadmill safety threatens to tarnish brand</title>\n<style 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}\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\">\nPeloton’s clash with agency over treadmill safety threatens to tarnish brand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 07:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/20/pelotons-clash-with-agency-over-tread-safety-could-tarnish-brand.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nA public dispute with a federal agency over treadmill safety concerns threatens to tarnish the community that Peloton has built.\nThe back-and-forth further jeopardizes the launch of ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/20/pelotons-clash-with-agency-over-tread-safety-could-tarnish-brand.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.cnbc.com/2021/04/20/pelotons-clash-with-agency-over-tread-safety-could-tarnish-brand.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1170033800","content_text":"KEY POINTS\n\nA public dispute with a federal agency over treadmill safety concerns threatens to tarnish the community that Peloton has built.\nThe back-and-forth further jeopardizes the launch of Peloton’s less expensive treadmill machine in the United States later this year.\nBrand experts and attorneys caution that the longer this drags out, the greater risk Peloton runs of facing growing consumer backlash, requiring heftier damage control and costing more money.\n\nA public dispute with a federal agency over safety concerns and a chilling video of a child being dragged under a treadmill are threatening the community thatPelotonhas built.\nTime-pressed parents and workout addicts who own Peloton products are scratching their heads and taking to social media platforms and community chat rooms to discuss the fitness equipment manufacturer’s response to the U.S. Consumer Product Safety Commission. The agency is looking into the safety of Peloton’s high-end treadmill, which has now been linked to numerous injuries and one child’s death.\nPeloton has said it has no intent to recall its $4,300 Tread+, despite calls from regulators and politicians to do so.\nThe back-and-forth further jeopardizes the launch of Peloton’s less-expensive treadmill machine in the U.S. later this year. Brand experts and attorneys caution that the longer this drags out, the greater risk Peloton runs of facing growing consumer backlash, requiring heftier damage control and costing more money.\n“There is a rule of thumb dating way back to the Tylenol case, where people were poisoned,” said Luc Wathieu, a professor of marketing at Georgetown University’s McDonough School of Business.\nTylenol became a textbook crisis-management case in the 1980s, when someone tampered with capsules of Extra Strength Tylenol by adding lethal potassium cyanide, killingmultiple people.Johnson & Johnsonacted swiftly to develop a strategy to regain trust with Americans.\n“When there is a threat on the customer — one that becomes public like this — you have to overcompensate,” Wathieu said in a phone interview. “But, for some reason, companies have a tendency not to do this, even though it has been shown time and time again that you have to act quickly.”\nOver the weekend,the CPSC issued astatementsaying consumers should stop using Peloton’s Tread+ machine when small children or pets are around. The move came after the organization’s investigation intothe death of a childinvolving one of the Tread+ machines, as well as dozens of other reports of injuries.\nThe commission simultaneously released a graphic video, captured by a home security camera, of a young boy being pulled under one of the Tread+ machines and struggling to free himself.\nThe CPSC has further said that Peloton’s treadmills are designed differently than those of its peers, with “an unusual belt design that uses individual rigid rubberized slats or treads that are interlocked and ride on a rail.” That’s instead of a thinner, continuous belt. There is also a large gap between the floor and the belt of the Tread+, leaving room for things to wiggle their way under.\nPeloton said its design is meant to make running easier on the knees and legs.\nFor now, the company is declining to take the product off the market or to make design changes. Peloton said it was “shocked and devastated” to learn about the fatality last month. However, it also issued a statement this past weekend that called the CPSC’s press release “inaccurate and misleading.”\nPeloton CEO and Co-founder John Foley wrote in a separate letter to treadmill owners that the company is working on a new software-enabled backup code “that will provide an additional layer of protection against unwanted use of the Tread+.”\n“The Tread+ is safe when our warnings and safety instructions are followed,” Foley said in the letter.\nA Peloton spokesperson declined to comment further.\n‘I haven’t seen such a fight like this’\nThe business is better known for its stationary bicycles and didn’t launch a treadmill until 2018. First called the Tread, it is now known as the Tread+, because the company is preparing to begin selling a less-expensive version in the United States later this year. The smaller, cheaper model is already on sale in the U.K. and doesn’t include the same rigid slats as the Tread+.\nThe clash with the CPSC hasn’t been good for Peloton’s stock. Shares fell 7% Monday. The stock closed Tuesday afternoon at $106.50, down another 1.2%. Over the past three months, Peloton shares have tumbled more than 32%, off an all-time intraday high of $171.09 hit on Jan. 14. It follows a huge run-up in 2020, when investors viewed Peloton as a stay-at-home play and pandemic beneficiary, sending the stock up more than 400%. But as fitness centers begin to reopen, some of those gains have been given up.\nAccording to BMO analyst Simeon Siegel, Peloton’s share price has recently been “detached” from the underlying fundamentals and reported results.\nThe stock seems “ruled by perception and hope,” he said. Siegel has an underperform rating on Peloton shares with a price target of $45.\n“Most of Peloton’s market cap has been created by its marketing department, rather than its equipment, engineers, or its instructors,” Siegel said. “They have been telling a story. ... And that Peloton story is so much larger than the Peloton-paying member base.”\nOver the last six months or so, Siegel said, Peloton’s messaging has started to stumble, as the business grows exponentially during the pandemic.\n“Whether it’s Tread+, or whether it’s responding to customers about the supply chain, ... at the end of the day, as companies grow, they face obstacles, and they can’t all be faced with force,” Siegel said.\nWhile Peloton doesn’t break out sales of its treadmills versus cycles, Cowen & Co. has estimated that the Tread+ will represent about 2.2% of unit sales in 2021. That’s out of about 1.633 million stationary bikes and treadmills combined, it said.\nIn 2020, Peloton reported $1.8 billion in revenue, up from $915 million a year earlier.\nCowen analyst John Blackledge said he anticipates the bulk of Peloton’s treadmill opportunity longer term will come from its upcoming Tread model, which is priced more affordably than the $4,300 Tread+. Hopefully, he said, the newer model will avoid similar issues with the CPSC, since its belt doesn’t wrap under the machine.\nPeloton has said it is open to working with the CPSC to further ensure that its customers are safe. It said its classes include safety messages from instructors to remind users to keep their children, pets and other objects clear of the Tread+ during workouts, and to remove a safety key after workouts so that children can’t activate the machines.\nDisagreements with the federal agency that is responsible for protecting U.S. consumers from dangerous products, though, are rare. The CPSC can’t force a recall but hassued businessesin the past to get them to comply.\nPeloton has complied with the agency before, too. Last fall, itissued a recallfor a version of its clip-in bike pedals due to risk of the axle breaking and injuring users,affecting about 27,000 bikes.\n“To be frank with you, I haven’t seen such a fight like this going on here,” said Anthony Gair, a partner at  Gair, Gair, Conason, Rubinowitz, Bloom, Hershenhorn, Steigman & Mackauf, which specializes in trying personal injury cases tied to defective products.\n“The CPSC must have reason to believe that it wasn’t designed appropriately,” he said. “Warnings are the last resort. And so, the question becomes this: ‘Did they do a proper hazard analysis, either yes or no?’ And if they did a proper hazard analysis, ‘Did that hazard analysis identify this danger?’”","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344307521,"gmtCreate":1618373253863,"gmtModify":1634293395555,"author":{"id":"3560084165287215","authorId":"3560084165287215","name":"LewisP","avatar":"https://static.tigerbbs.com/02bb9d7720ea4dca3dbe0ca79ff55c65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560084165287215","idStr":"3560084165287215"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKNCY\">$Luckin Coffee(LKNCY)$</a>Patience~","listText":"<a href=\"https://laohu8.com/S/LKNCY\">$Luckin Coffee(LKNCY)$</a>Patience~","text":"$Luckin 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href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Let’s go 🚀 TargetPrice:&nbsp;$20","text":"$Altimeter Growth Corp.(AGC)$Let’s go 🚀 TargetPrice: $20","images":[{"img":"https://static.tigerbbs.com/675c135638bed89568961f41e9f55d10","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/344308379","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":354489171,"gmtCreate":1617196612193,"gmtModify":1634522140866,"author":{"id":"3560084165287215","authorId":"3560084165287215","name":"LewisP","avatar":"https://static.tigerbbs.com/02bb9d7720ea4dca3dbe0ca79ff55c65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560084165287215","idStr":"3560084165287215"},"themes":[],"htmlText":"Waiting for the 🚀&nbsp;","listText":"Waiting for the 🚀&nbsp;","text":"Waiting for the 🚀","images":[{"img":"https://static.tigerbbs.com/3fa6f6982fb074a6197c6d794558627c","width":"1125","height":"3414"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/354489171","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":354417644,"gmtCreate":1617196468788,"gmtModify":1634522142072,"author":{"id":"3560084165287215","authorId":"3560084165287215","name":"LewisP","avatar":"https://static.tigerbbs.com/02bb9d7720ea4dca3dbe0ca79ff55c65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560084165287215","idStr":"3560084165287215"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKNCY\">$Luckin Coffee(LKNCY)$</a>💎✋🏼","listText":"<a href=\"https://laohu8.com/S/LKNCY\">$Luckin Coffee(LKNCY)$</a>💎✋🏼","text":"$Luckin Coffee(LKNCY)$💎✋🏼","images":[{"img":"https://static.tigerbbs.com/fe100943b302c65a39fc145567fc4c97","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/354417644","isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":360982090,"gmtCreate":1613810541410,"gmtModify":1634552128393,"author":{"id":"3560084165287215","authorId":"3560084165287215","name":"LewisP","avatar":"https://static.tigerbbs.com/02bb9d7720ea4dca3dbe0ca79ff55c65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560084165287215","idStr":"3560084165287215"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360982090","repostId":"1143100356","repostType":4,"repost":{"id":"1143100356","kind":"news","pubTimestamp":1613792715,"share":"https://www.laohu8.com/m/news/1143100356?lang=&edition=full","pubTime":"2021-02-20 11:45","market":"us","language":"en","title":"2 Top Tech Stocks to Buy Now for Big Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1143100356","media":"Nasdaq","summary":"The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results ","content":"<p>The S&amp;P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.</p><p>Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results continue to pour in. Better yet, the outlook for the first quarter and the rest of 2021 has improved significantly.</p><p>Vaccine distribution will hopefully help the economy roar back by the summer and lift some of the hardest-hit areas of the economy. Meanwhile, Wall Street is banking on more spending under the Biden administration and the Fed remains firmly committed to keeping interest rates low.</p><p>All of these factors set up a bullish outlook for 2021. But instead of focusing on companies that need a vaccine to really grow, let’s look at two tech stocks that have posted big sales growth during the pandemic and are ready to expand for years within futuristic industries…</p><p><b>NIO Inc.NIO</b></p><p>Every major automaker, from FordFto Volvo, is racing to roll out more electric vehicles as they try to catch TeslaTSLA. Luckily for investors, the EV market is far from a zero-sum game and newcomers continue to enter the space. Chinese EV maker NIO is a rising star in the booming market, as its sales continue to grow. The company is also focused on autonomous driving tech, as well as batteries, which are the lifeblood of the industry.</p><p>NIO sells multiple models that are somewhat in-line with Tesla, from smaller SUVs to sedans. The company said in early January that it delivered 17,353 vehicles in the fourth quarter, which marked a 110% jump.</p><p>Overall, NIO’s full-year deliveries surged 113% to nearly 44,000 vehicles in 2020. And its January 2021 figures were even more impressive, with deliveries up 350% from the year-ago period to push its overall cumulative deliveries to 83K.</p><p>With this in mind, Zacks estimates call for NIO’s FY20 revenue to jump 120% to $2.49 billion, with FY21 projected to come in another 97% higher to reach $4.89 billion. The Chinese EV company is also expected to significantly shrink its adjusted losses during this stretch.</p><p>NIO has topped our EPS estimates in the trailing two periods and its positive earnings revisions help it land a Zacks Rank #2 (Buy) heading into the release of its Q4 results on March 1.</p><p><img src=\"https://static.tigerbbs.com/5b6233d1784a5cb7db62b437f7632a3f\" tg-width=\"620\" tg-height=\"314\" referrerpolicy=\"no-referrer\"></p><p>NIO, which rocks an “A” grade for Growth in our Style Scores system, has seen its stock skyrocket over 1,000% in the last year and 300% in the past six months. Luckily for investors who missed the ride, NIO has cooled down, up only 12% in the last three months.</p><p>At roughly $55 per share, it’s down about 13% from its late January records. The recent downturn has seen it fall from overbought in terms of the Relative Strength Index to around 45—an RSI above 70 is often regarded as overbought, with any number below 30 considered oversold.</p><p>NIO’s recent price performance could give it room to run if it’s able to impress Wall Street. And the stock jumped over 1% through morning trading Friday, as it bounces off its 50-day moving average. NIO shares also trade at a discount compared to other high-flyers at 12.7X forward sales, which marks a discount against Tesla’s 15.5X and comes in 25% below its own six-months highs.</p><p>Three out of the nine brokerage recommendations that Zacks has for NIO come in at a “Strong Buy,” with none below a “Hold.” NIO might be worth buying as a long-term play that’s far less expensive than Tesla ($784 a share), in a world where EVs already accounted for over 30% of Volvo’s new car sales in Europe in 2020. And let’s remember that China is one of the world’s largest EV markets.</p><p><b>CrowdStrikeCRWD</b></p><p>CrowdStrike is a cloud-focused cybersecurity firm that utilizes machine learning and AI to protect endpoints and cloud workloads. This is crucial in the cloud age that’s full of rapidly expanding endpoints, which include laptops, desktops, smartphones, IoT devices, and more.</p><p>Remote work and schooling pushed this area of the ever-growing cybersecurity space to the forefront, but it was already booming. More importantly, as devices proliferate and our digitally-connected world grows more complex, it becomes more vulnerable.</p><p>CrowdStrike on February announced plans to bolster its offerings through the acquisition of Humio for $400 million—expected to close in the first quarter. Humio provides high-performance cloud log management and observability technology. The deal is set to “further expand its eXtended Detection and Response (XDR) capabilities by ingesting and correlating data from any log, application or feed to deliver actionable insights and real-time protection.”</p><p><img src=\"https://static.tigerbbs.com/9f684cfbac7ba46e2cf8ab6e063461a2\" tg-width=\"620\" tg-height=\"280\" referrerpolicy=\"no-referrer\"></p><p>CrowdStrike, which went public in the summer of 2019, has soared nearly 280% in the past 12 months. More recently, the stock is up 65% in the last six months, and it already bounced back to new records—which it hit earlier in the week—after it slipped in mid-January.</p><p>The stock is firmly a growth play at the moment, trading at 42.7X forward sales, which puts it right in line with e-commerce giant ShopifySHOP. Despite its run, the stock is not currently considered overbought, with an RSI of 64.</p><p>CRWD’s positive earnings revisions help it grab a Zacks Rank #2 (Buy) at the moment, with it set to release its fourth quarter fiscal 2021 results on March 16. Meanwhile, 14 of the 19 brokerage ratings Zacks has for CRWD come in at a “Strong Buy,” with none lower than a “Hold.”</p><p>Looking back, the company crushed our Q3 estimates in December, with sales up 86%. CrowdStrike also lifted its guidance at the time. Zacks estimates currently call for it to swing from an adjusted loss of -$0.02 a share in the year-ago period to +$0.09 in the fourth quarter on 65% stronger sales.</p><p>In total, the cybersecurity firm is projected to soar from a loss of -$0.42 a share to +$0.23 in fiscal 2021. Plus, CRWD’s FY22 EPS figure is projected to climb another 70% higher, all the way to $0.39 a share. Meanwhile, its revenue is projected to jump 79% to hit $861 million in FY21 and then climb another 42% to $1.22 billion in FY22.</p><p>CrowdStrike’s expected growth would come on top of FY20’s 93% sales expansion. The stock has clearly already gone on an impressive run. But it is poised to continue to grow in a world where everything is connected and data is endless. Therefore, cybersecurity firms such as CrowdStrike might make for strong long-term growth plays.</p><p><b>These Stocks Are Poised to Soar Past the Pandemic</b>The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.</p><p>Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.</p>","source":"lsy1604288433698","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>2 Top Tech Stocks to Buy Now for Big Growth</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\">\n2 Top Tech Stocks to Buy Now for Big Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-20 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/2-top-tech-stocks-to-buy-now-for-big-growth-2021-02-19><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/2-top-tech-stocks-to-buy-now-for-big-growth-2021-02-19\">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.nasdaq.com/articles/2-top-tech-stocks-to-buy-now-for-big-growth-2021-02-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143100356","content_text":"The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results continue to pour in. Better yet, the outlook for the first quarter and the rest of 2021 has improved significantly.Vaccine distribution will hopefully help the economy roar back by the summer and lift some of the hardest-hit areas of the economy. Meanwhile, Wall Street is banking on more spending under the Biden administration and the Fed remains firmly committed to keeping interest rates low.All of these factors set up a bullish outlook for 2021. But instead of focusing on companies that need a vaccine to really grow, let’s look at two tech stocks that have posted big sales growth during the pandemic and are ready to expand for years within futuristic industries…NIO Inc.NIOEvery major automaker, from FordFto Volvo, is racing to roll out more electric vehicles as they try to catch TeslaTSLA. Luckily for investors, the EV market is far from a zero-sum game and newcomers continue to enter the space. Chinese EV maker NIO is a rising star in the booming market, as its sales continue to grow. The company is also focused on autonomous driving tech, as well as batteries, which are the lifeblood of the industry.NIO sells multiple models that are somewhat in-line with Tesla, from smaller SUVs to sedans. The company said in early January that it delivered 17,353 vehicles in the fourth quarter, which marked a 110% jump.Overall, NIO’s full-year deliveries surged 113% to nearly 44,000 vehicles in 2020. And its January 2021 figures were even more impressive, with deliveries up 350% from the year-ago period to push its overall cumulative deliveries to 83K.With this in mind, Zacks estimates call for NIO’s FY20 revenue to jump 120% to $2.49 billion, with FY21 projected to come in another 97% higher to reach $4.89 billion. The Chinese EV company is also expected to significantly shrink its adjusted losses during this stretch.NIO has topped our EPS estimates in the trailing two periods and its positive earnings revisions help it land a Zacks Rank #2 (Buy) heading into the release of its Q4 results on March 1.NIO, which rocks an “A” grade for Growth in our Style Scores system, has seen its stock skyrocket over 1,000% in the last year and 300% in the past six months. Luckily for investors who missed the ride, NIO has cooled down, up only 12% in the last three months.At roughly $55 per share, it’s down about 13% from its late January records. The recent downturn has seen it fall from overbought in terms of the Relative Strength Index to around 45—an RSI above 70 is often regarded as overbought, with any number below 30 considered oversold.NIO’s recent price performance could give it room to run if it’s able to impress Wall Street. And the stock jumped over 1% through morning trading Friday, as it bounces off its 50-day moving average. NIO shares also trade at a discount compared to other high-flyers at 12.7X forward sales, which marks a discount against Tesla’s 15.5X and comes in 25% below its own six-months highs.Three out of the nine brokerage recommendations that Zacks has for NIO come in at a “Strong Buy,” with none below a “Hold.” NIO might be worth buying as a long-term play that’s far less expensive than Tesla ($784 a share), in a world where EVs already accounted for over 30% of Volvo’s new car sales in Europe in 2020. And let’s remember that China is one of the world’s largest EV markets.CrowdStrikeCRWDCrowdStrike is a cloud-focused cybersecurity firm that utilizes machine learning and AI to protect endpoints and cloud workloads. This is crucial in the cloud age that’s full of rapidly expanding endpoints, which include laptops, desktops, smartphones, IoT devices, and more.Remote work and schooling pushed this area of the ever-growing cybersecurity space to the forefront, but it was already booming. More importantly, as devices proliferate and our digitally-connected world grows more complex, it becomes more vulnerable.CrowdStrike on February announced plans to bolster its offerings through the acquisition of Humio for $400 million—expected to close in the first quarter. Humio provides high-performance cloud log management and observability technology. The deal is set to “further expand its eXtended Detection and Response (XDR) capabilities by ingesting and correlating data from any log, application or feed to deliver actionable insights and real-time protection.”CrowdStrike, which went public in the summer of 2019, has soared nearly 280% in the past 12 months. More recently, the stock is up 65% in the last six months, and it already bounced back to new records—which it hit earlier in the week—after it slipped in mid-January.The stock is firmly a growth play at the moment, trading at 42.7X forward sales, which puts it right in line with e-commerce giant ShopifySHOP. Despite its run, the stock is not currently considered overbought, with an RSI of 64.CRWD’s positive earnings revisions help it grab a Zacks Rank #2 (Buy) at the moment, with it set to release its fourth quarter fiscal 2021 results on March 16. Meanwhile, 14 of the 19 brokerage ratings Zacks has for CRWD come in at a “Strong Buy,” with none lower than a “Hold.”Looking back, the company crushed our Q3 estimates in December, with sales up 86%. CrowdStrike also lifted its guidance at the time. Zacks estimates currently call for it to swing from an adjusted loss of -$0.02 a share in the year-ago period to +$0.09 in the fourth quarter on 65% stronger sales.In total, the cybersecurity firm is projected to soar from a loss of -$0.42 a share to +$0.23 in fiscal 2021. Plus, CRWD’s FY22 EPS figure is projected to climb another 70% higher, all the way to $0.39 a share. Meanwhile, its revenue is projected to jump 79% to hit $861 million in FY21 and then climb another 42% to $1.22 billion in FY22.CrowdStrike’s expected growth would come on top of FY20’s 93% sales expansion. The stock has clearly already gone on an impressive run. But it is poised to continue to grow in a world where everything is connected and data is endless. Therefore, cybersecurity firms such as CrowdStrike might make for strong long-term growth plays.These Stocks Are Poised to Soar Past the PandemicThe COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":354417644,"gmtCreate":1617196468788,"gmtModify":1634522142072,"author":{"id":"3560084165287215","authorId":"3560084165287215","name":"LewisP","avatar":"https://static.tigerbbs.com/02bb9d7720ea4dca3dbe0ca79ff55c65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560084165287215","idStr":"3560084165287215"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKNCY\">$Luckin Coffee(LKNCY)$</a>💎✋🏼","listText":"<a href=\"https://laohu8.com/S/LKNCY\">$Luckin Coffee(LKNCY)$</a>💎✋🏼","text":"$Luckin Coffee(LKNCY)$💎✋🏼","images":[{"img":"https://static.tigerbbs.com/fe100943b302c65a39fc145567fc4c97","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/354417644","isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344308379,"gmtCreate":1618372762691,"gmtModify":1631886887704,"author":{"id":"3560084165287215","authorId":"3560084165287215","name":"LewisP","avatar":"https://static.tigerbbs.com/02bb9d7720ea4dca3dbe0ca79ff55c65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560084165287215","idStr":"3560084165287215"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Let’s go 🚀 TargetPrice:&nbsp;$20","listText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Let’s go 🚀 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