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2021-11-05

$Cassava Sciences Inc(SAVA)$ to the moon!

2021-10-26

$Lockheed Martin(LMT)$ huge losses...all in 1 day...

2021-10-24

$Asensus Surgical, Inc.(ASXC)$ another bubble stock

2021-09-28

$Cassava Sciences Inc(SAVA)$ could it to back to 100+?

2021-09-22

$Cassava Sciences Inc(SAVA)$ reboubded?

2021-09-08

China tech stocks bouncing

2021-09-06

We've all been taken for a ride by Peter thiel

Palantir: The Dilution Is Real

2021-08-31

Bought at $8

2021-08-26

$Innerscope Hearing Technologies, Inc.(INND)$ good buying opportunity?

2021-08-26

Fraud company?

2021-08-21

Anyone invested in this?

2021-08-16

Buying opportunity?

2021-08-14

Up 300%

2021-08-08

Next big stock

2021-07-25

掉了75％...

2021-07-18

$CPS Technologies Corp(CPSH)$ growth stocks were in a bubble in February...

2021-07-18

Prophet?

The story behind the savvy ‘Mystery Broker’ and where he sees the market going now

2021-07-15

$Soligenix, Inc.(SNGX)$ time to give up trading

2021-07-15

Growth stocks to crash soon

抱歉，原内容已删除

2021-07-13

Like please

How earnings season is likely to play out in the coming weeks and its impact on the stock market

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href=\"https://laohu8.com/S/SAVA\">$Cassava Sciences Inc(SAVA)$</a>&nbsp;to the moon!&nbsp;","listText":"<a href=\"https://laohu8.com/S/SAVA\">$Cassava Sciences Inc(SAVA)$</a>&nbsp;to the moon!&nbsp;","text":"$Cassava Sciences Inc(SAVA)$ to the moon!","images":[{"img":"https://static.tigerbbs.com/8dd7b3e2b076afbb5277160ae2e9759d","width":"1080","height":"3650"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846246505","isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":852860844,"gmtCreate":1635257436331,"gmtModify":1635257480762,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LMT\">$Lockheed Martin(LMT)$</a>&nbsp;huge losses...all in 1 day...","listText":"<a href=\"https://laohu8.com/S/LMT\">$Lockheed Martin(LMT)$</a>&nbsp;huge losses...all in 1 day...","text":"$Lockheed Martin(LMT)$ huge losses...all in 1 day...","images":[{"img":"https://static.tigerbbs.com/f20b3169d5c28e907f6e7440750e57a9","width":"1080","height":"3551"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852860844","isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":858569974,"gmtCreate":1635084186532,"gmtModify":1635084231867,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ASXC\">$Asensus Surgical, Inc.(ASXC)$</a>&nbsp;another bubble stock","listText":"<a href=\"https://laohu8.com/S/ASXC\">$Asensus Surgical, Inc.(ASXC)$</a>&nbsp;another bubble stock","text":"$Asensus Surgical, Inc.(ASXC)$ another bubble stock","images":[{"img":"https://static.tigerbbs.com/bbff74089917e489f82a537e48cf297b","width":"1080","height":"3650"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858569974","isVote":1,"tweetType":1,"viewCount":1032,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":866263498,"gmtCreate":1632785557714,"gmtModify":1632797598837,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SAVA\">$Cassava Sciences Inc(SAVA)$</a>&nbsp;could it to back to 100+?","listText":"<a href=\"https://laohu8.com/S/SAVA\">$Cassava Sciences Inc(SAVA)$</a>&nbsp;could it to back to 100+?","text":"$Cassava Sciences Inc(SAVA)$ could it to back to 100+?","images":[{"img":"https://static.tigerbbs.com/fe3870dd1bcdc80a992c628df92a5956","width":"1080","height":"3650"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866263498","isVote":1,"tweetType":1,"viewCount":852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":869281781,"gmtCreate":1632292988743,"gmtModify":1632801442169,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SAVA\">$Cassava Sciences Inc(SAVA)$</a>&nbsp;reboubded?&nbsp;","listText":"<a href=\"https://laohu8.com/S/SAVA\">$Cassava Sciences Inc(SAVA)$</a>&nbsp;reboubded?&nbsp;","text":"$Cassava Sciences Inc(SAVA)$ reboubded?","images":[{"img":"https://static.tigerbbs.com/cc56fa4fd5ff73e3f688ab3fcfa17ca7","width":"1080","height":"3650"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869281781","isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":880733681,"gmtCreate":1631079921343,"gmtModify":1631884234756,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"China tech stocks bouncing","listText":"China tech stocks bouncing","text":"China tech stocks bouncing","images":[{"img":"https://static.tigerbbs.com/86035e3a05daf564330044bccdf1c25a","width":"1080","height":"3774"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880733681","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":817860293,"gmtCreate":1630932001412,"gmtModify":1631890531690,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"We've all been taken for a ride by Peter thiel","listText":"We've all been taken for a ride by Peter thiel","text":"We've all been taken for a ride by Peter thiel","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/817860293","repostId":"1104055488","repostType":4,"repost":{"id":"1104055488","pubTimestamp":1630931761,"share":"https://www.laohu8.com/m/news/1104055488?lang=&edition=full","pubTime":"2021-09-06 20:36","market":"us","language":"en","title":"Palantir: The Dilution Is Real","url":"https://stock-news.laohu8.com/highlight/detail?id=1104055488","media":"seekingalpha","summary":"Summary\n\nPalantir stock has been heavily diluted since it went public in a 2020 direct listing.\nThe ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Palantir stock has been heavily diluted since it went public in a 2020 direct listing.</li>\n <li>The company has an admirable competitive position in providing data services to Federal agencies, but is diluting itself through share-based compensation.</li>\n <li>Since going public, Palantir has increased its number of shares outstanding by 108%.</li>\n <li>In this article, I develop a neutral thesis on Palantir, arguing that it is a solid business whose stock performance could lag business performance due to dilution.</li>\n</ul>\n<p><b><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a></b> stock has been trading in a pretty narrow range lately. Bouncing between $21.50 and $26.50 ever since May, it appears to be stuck. Granted, if you'd bought at the lower end of that range, you'd be up a handsome 23% by now. But if you had bought at the all-time high of $39.58, you'd be hurting. As of this writing, PLTR stock was sitting at about $26.6, down 32% from that elevated price.</p>\n<p>On the surface, Palantir's recent stock moves have been perplexing. Palantir's most recent earningsbeat on both revenue and EPS,yet the stock has not gone anywhere near its previous highs. What are the markets thinking here?</p>\n<p>It's not easy to say. Mr. Market can be a fickle little fellow, and his behavior isn't always dictated by fundamentals. But one thing that may be influencing Palantir's tepid performance as of late is dilution. In the third quarter of 2020, Palantir had905 million shares outstanding. By the second quarter of 2021, that figure hadgrown to 1.89 billion. As I wrote in arecent Tweet, that's a greater than 100% increase in shares outstanding (1.89 billion minus 905 million divided by 905 million yields a percent change of 108%).</p>\n<p><img src=\"https://static.tigerbbs.com/f298c0812e557a7c33655d6d14c88217\" tg-width=\"566\" tg-height=\"384\" referrerpolicy=\"no-referrer\">As of Palantir's recent earnings release, it had 1.89 billion shares outstanding - a 108% increase from the third quarter of 2020. The period covered here is the trailing 12-month period, so we're talking about share count<i>doubling</i>in just a year.</p>\n<p>That's a fair amount of dilution. And it is quite likely that it is affecting the stock price. Palantir insiders are known to have unloaded stock immediately after their lockup period expired. According to&nbsp;<i>Simply Wall Street,</i>&nbsp;insiders sold $440 million worth of shares in the first three days of trading, and $600 million more in the week after that. So, not only are new shares being issued, they're being added to the public float. This sort of thing tends to depress stock prices because it increases the supply of shares. Unless demand increases, a stock's price will go down during a wave of insider selling.</p>\n<p>That is why I've&nbsp;changed my rating&nbsp;on Palantir from bullish to neutral. I think that this stock probably will enjoy upside in the long run if the dilution eases off, but this year, it will be difficult for PLTR to run ahead of the selling pressure it's under. At $22, I was quite bullish on the stock, but at $26.6 I think it's near the top of the range it's likely to trade in for quite some time. Accordingly I'll develop a neutral thesis on PLTR in this article, arguing that investors are unlikely to lose their shirts on it but probably won't realize massive gains (in the short term) either.</p>\n<p><b>Examining Palantir's Dilution in Detail</b></p>\n<p>When we talk about a company's share count, there are three possible things we could be referring to:</p>\n<ol>\n <li><b>Shares outstanding.</b>The number of shares that currently exist. When calculating diluted EPS, this includes options and convertible securities.</li>\n <li><b>Public float.</b>The number of shares that are available to be publicly traded.</li>\n <li><b>Fully diluted shares.</b>The number of shares that would exist if stock options and convertible securities - including those not yet vested - were to be exercised.</li>\n</ol>\n<p>In Palantir's case, these share counts are not identical. Usually, shares outstanding used for diluted EPS are the same as fully diluted shares, but Palantir's definition of \"fully diluted shares\" includes stock warrants that don't actually exist yet. Primarily, stock options that have been granted but won't be issued until employees hit their performance targets. The company currently has250 million warrants&nbsp;that won't technically exist until employees hit these milestones. These do not make it into the company's shares outstanding count - not even in the diluted EPS calculation.</p>\n<p>PLTR's weighted average shares outstanding as of the most recent quarter was 1.89 billion. Its float,&nbsp;according to FinViz, was 1.63 billion. Diluted shares were the same as shares outstanding (1.89 billion) in the Q2 press release, although an&nbsp;earlier filing&nbsp;suggests that the count reaches 2.17 billion if you include options and warrants that can't be exercised until way later. If you add 250 million to 1.89 billion, you get to 2.14 billion - almost the same as the fully diluted share count. This corroborates my theory that the un-vested warrants account for the difference between shares outstanding and fully diluted shares.</p>\n<p>Based on these numbers, we can evaluate how much Palantir's equity has been diluted in the past four quarters.</p>\n<ul>\n <li>As mentioned earlier, shares outstanding has gone from 905 million to 1.89 billion, a 108% increase. PLTR had as few as 574 million shares in 2019. We've seen a 229% increase since then - but that count is from before PLTR was public, so is immaterial to this discussion.</li>\n <li>Estimates of Palantir's float range from 1.53 billion to 1.68 billion according tofloatchecker.com. Since Palantir is a recent listing, the count is up from zero. At least $1.04 billion worth of shares were added to the float right after the listing, because that's the number of shares unloaded by insiders in the&nbsp;first 10 days of trading.</li>\n <li>Fully diluted shares probably haven't increased as much as either shares outstanding or float. Companies aren't under any obligation to report \"granted but not vested\" employee stock options, and Palantir hasn't done so since its prospectus. However, Palantir's stock compensation expense has decreased since it went public, so the number is likely growing slower than it had been previously.</li>\n</ul>\n<p>What this all boils down to is that Palantir's equity is being diluted significantly no matter which share count you look at. Shares outstanding, float, it's all up. With that said, we may have seen the worst of this. As mentioned already, the amount of stock-based compensation is going down. One analyst forecast future dilution of 4% per year, which is far outpaced by Palantir's revenue growth.</p>\n<p><b>Palantir's Recent Earnings</b></p>\n<p>As we've seen already, Palantir has been seeing some serious dilution brought on by stock-based compensation. It is what it is. The good news is that Palantir's revenue and EBITDA are growing at a rapid pace, and may ultimately grow faster than the number of shares.</p>\n<p>For the most recent quarter, Palantir posted the following results:</p>\n<ul>\n <li>Revenue: $376 million, up 49%.</li>\n <li>Total contract value: $925 million, up 175%.</li>\n <li>Net new customers: 20, up 13% quarter-over-quarter.</li>\n <li>Gross profit: $90 million, up 32%.</li>\n <li>Cash from operations (six-month): $139 million, up from a $226 million outflow.</li>\n</ul>\n<p>As you can see, many of Palantir's key financial and operating metrics improved considerably in Q2. GAAP diluted EPS was still a loss at $-0.07, although adjusted EPS was positive at $0.04. If EPS were to stay at $0.04 for the next three quarters, then we'd end up with $0.16 in annualized EPS. That yields a 166 P/E ratio. The price/operating cash flow ratio is even higher at 374. Not exactly cheap.</p>\n<p>However, we need to account for Palantir's growth potential. Since going public, Palantir has managed to maintain revenue growth in the high 40% to low 50% range. If EPS could grow in line with revenue, then we'd have an ever increasing adjusted EPS figure taking the multiple lower based on today's price. Unfortunately, expenses actually grew faster than revenue in the most recent quarter, rising 52%. For the six-month period, expenses grew even more, at 57%. Now, according to analyst Michael Page, dilution is expected to run at about 4% per year for the foreseeable future. We have got revenue running well ahead of that rate, but on the other hand, there is no clear trend of operating profitability. So it's a very mixed picture we're seeing here - hence my neutral rating on the stock.</p>\n<p><b>Risks and Challenges</b></p>\n<p>As we've seen, Palantir is a fast-growing stock with some major dilution on its hands. In my view, it's going to perform about in line with the market, or keep trading in its established range, in the near term. But there are some risks and challenges even to this fairly tepid thesis. They include:</p>\n<ul>\n <li><b>Continued growth in expenses.</b>&nbsp;Palantir's expenses have been growing faster than its revenue lately. A lot of these expenses are stock compensation - hence cash flow being positive while operating earnings are negative - but they are expenses nonetheless. We expect companies to lose money when they're fresh out of their IPO but this is a company with 17 years of pre-IPO history. We'll want to see that stock compensation expense come down.</li>\n <li><b>The stock options vs. cash pay catch-22.</b>&nbsp;Palantir has so far managed to keep its operating cash flows positive by paying employees in stock options rather than heavy amounts of cash. If the company aims to get its dilution down to 4% a year, then it will probably have to start paying employees more salary. That will cause dilution to ease off but also eat into operating cash flow and related metrics like free cash flow.</li>\n <li><b>Competition.</b>&nbsp;Palantir has a pretty solid moat in its core business of providing data software to large government agencies. But it faces stiff competition when reaching out to private sector clients. The companies offering data platforms to private businesses are legion. And this is where Palantir needs to look to fuel future growth because there are only so many Department of Defense contracts to go around.</li>\n</ul>\n<p><b>The Bottom Line</b></p>\n<p>The bottom line on Palantir is this:</p>\n<p>It's a high growth business that unfortunately is seeing its expenses grow every bit as much as its revenue. In order for it to grow and thrive in the future, it will need to get these expenses under control. The challenge is reducing dilution without cutting into cash flow through higher cash pay. If the company can get dilution down to 4% as estimated above, maybe this dilemma won't matter so much. But if it keeps running at 100% a year? We've got a problem on our hands.</p>","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>Palantir: The Dilution Is Real</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\">\nPalantir: The Dilution Is Real\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453687-palantir-stock-dilution-real><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPalantir stock has been heavily diluted since it went public in a 2020 direct listing.\nThe company has an admirable competitive position in providing data services to Federal agencies, but is...</p>\n\n<a href=\"https://seekingalpha.com/article/4453687-palantir-stock-dilution-real\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4453687-palantir-stock-dilution-real","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104055488","content_text":"Summary\n\nPalantir stock has been heavily diluted since it went public in a 2020 direct listing.\nThe company has an admirable competitive position in providing data services to Federal agencies, but is diluting itself through share-based compensation.\nSince going public, Palantir has increased its number of shares outstanding by 108%.\nIn this article, I develop a neutral thesis on Palantir, arguing that it is a solid business whose stock performance could lag business performance due to dilution.\n\nPalantir Technologies Inc. stock has been trading in a pretty narrow range lately. Bouncing between $21.50 and $26.50 ever since May, it appears to be stuck. Granted, if you'd bought at the lower end of that range, you'd be up a handsome 23% by now. But if you had bought at the all-time high of $39.58, you'd be hurting. As of this writing, PLTR stock was sitting at about $26.6, down 32% from that elevated price.\nOn the surface, Palantir's recent stock moves have been perplexing. Palantir's most recent earningsbeat on both revenue and EPS,yet the stock has not gone anywhere near its previous highs. What are the markets thinking here?\nIt's not easy to say. Mr. Market can be a fickle little fellow, and his behavior isn't always dictated by fundamentals. But one thing that may be influencing Palantir's tepid performance as of late is dilution. In the third quarter of 2020, Palantir had905 million shares outstanding. By the second quarter of 2021, that figure hadgrown to 1.89 billion. As I wrote in arecent Tweet, that's a greater than 100% increase in shares outstanding (1.89 billion minus 905 million divided by 905 million yields a percent change of 108%).\nAs of Palantir's recent earnings release, it had 1.89 billion shares outstanding - a 108% increase from the third quarter of 2020. The period covered here is the trailing 12-month period, so we're talking about share countdoublingin just a year.\nThat's a fair amount of dilution. And it is quite likely that it is affecting the stock price. Palantir insiders are known to have unloaded stock immediately after their lockup period expired. According to Simply Wall Street, insiders sold $440 million worth of shares in the first three days of trading, and $600 million more in the week after that. So, not only are new shares being issued, they're being added to the public float. This sort of thing tends to depress stock prices because it increases the supply of shares. Unless demand increases, a stock's price will go down during a wave of insider selling.\nThat is why I've changed my rating on Palantir from bullish to neutral. I think that this stock probably will enjoy upside in the long run if the dilution eases off, but this year, it will be difficult for PLTR to run ahead of the selling pressure it's under. At $22, I was quite bullish on the stock, but at $26.6 I think it's near the top of the range it's likely to trade in for quite some time. Accordingly I'll develop a neutral thesis on PLTR in this article, arguing that investors are unlikely to lose their shirts on it but probably won't realize massive gains (in the short term) either.\nExamining Palantir's Dilution in Detail\nWhen we talk about a company's share count, there are three possible things we could be referring to:\n\nShares outstanding.The number of shares that currently exist. When calculating diluted EPS, this includes options and convertible securities.\nPublic float.The number of shares that are available to be publicly traded.\nFully diluted shares.The number of shares that would exist if stock options and convertible securities - including those not yet vested - were to be exercised.\n\nIn Palantir's case, these share counts are not identical. Usually, shares outstanding used for diluted EPS are the same as fully diluted shares, but Palantir's definition of \"fully diluted shares\" includes stock warrants that don't actually exist yet. Primarily, stock options that have been granted but won't be issued until employees hit their performance targets. The company currently has250 million warrants that won't technically exist until employees hit these milestones. These do not make it into the company's shares outstanding count - not even in the diluted EPS calculation.\nPLTR's weighted average shares outstanding as of the most recent quarter was 1.89 billion. Its float, according to FinViz, was 1.63 billion. Diluted shares were the same as shares outstanding (1.89 billion) in the Q2 press release, although an earlier filing suggests that the count reaches 2.17 billion if you include options and warrants that can't be exercised until way later. If you add 250 million to 1.89 billion, you get to 2.14 billion - almost the same as the fully diluted share count. This corroborates my theory that the un-vested warrants account for the difference between shares outstanding and fully diluted shares.\nBased on these numbers, we can evaluate how much Palantir's equity has been diluted in the past four quarters.\n\nAs mentioned earlier, shares outstanding has gone from 905 million to 1.89 billion, a 108% increase. PLTR had as few as 574 million shares in 2019. We've seen a 229% increase since then - but that count is from before PLTR was public, so is immaterial to this discussion.\nEstimates of Palantir's float range from 1.53 billion to 1.68 billion according tofloatchecker.com. Since Palantir is a recent listing, the count is up from zero. At least $1.04 billion worth of shares were added to the float right after the listing, because that's the number of shares unloaded by insiders in the first 10 days of trading.\nFully diluted shares probably haven't increased as much as either shares outstanding or float. Companies aren't under any obligation to report \"granted but not vested\" employee stock options, and Palantir hasn't done so since its prospectus. However, Palantir's stock compensation expense has decreased since it went public, so the number is likely growing slower than it had been previously.\n\nWhat this all boils down to is that Palantir's equity is being diluted significantly no matter which share count you look at. Shares outstanding, float, it's all up. With that said, we may have seen the worst of this. As mentioned already, the amount of stock-based compensation is going down. One analyst forecast future dilution of 4% per year, which is far outpaced by Palantir's revenue growth.\nPalantir's Recent Earnings\nAs we've seen already, Palantir has been seeing some serious dilution brought on by stock-based compensation. It is what it is. The good news is that Palantir's revenue and EBITDA are growing at a rapid pace, and may ultimately grow faster than the number of shares.\nFor the most recent quarter, Palantir posted the following results:\n\nRevenue: $376 million, up 49%.\nTotal contract value: $925 million, up 175%.\nNet new customers: 20, up 13% quarter-over-quarter.\nGross profit: $90 million, up 32%.\nCash from operations (six-month): $139 million, up from a $226 million outflow.\n\nAs you can see, many of Palantir's key financial and operating metrics improved considerably in Q2. GAAP diluted EPS was still a loss at $-0.07, although adjusted EPS was positive at $0.04. If EPS were to stay at $0.04 for the next three quarters, then we'd end up with $0.16 in annualized EPS. That yields a 166 P/E ratio. The price/operating cash flow ratio is even higher at 374. Not exactly cheap.\nHowever, we need to account for Palantir's growth potential. Since going public, Palantir has managed to maintain revenue growth in the high 40% to low 50% range. If EPS could grow in line with revenue, then we'd have an ever increasing adjusted EPS figure taking the multiple lower based on today's price. Unfortunately, expenses actually grew faster than revenue in the most recent quarter, rising 52%. For the six-month period, expenses grew even more, at 57%. Now, according to analyst Michael Page, dilution is expected to run at about 4% per year for the foreseeable future. We have got revenue running well ahead of that rate, but on the other hand, there is no clear trend of operating profitability. So it's a very mixed picture we're seeing here - hence my neutral rating on the stock.\nRisks and Challenges\nAs we've seen, Palantir is a fast-growing stock with some major dilution on its hands. In my view, it's going to perform about in line with the market, or keep trading in its established range, in the near term. But there are some risks and challenges even to this fairly tepid thesis. They include:\n\nContinued growth in expenses. Palantir's expenses have been growing faster than its revenue lately. A lot of these expenses are stock compensation - hence cash flow being positive while operating earnings are negative - but they are expenses nonetheless. We expect companies to lose money when they're fresh out of their IPO but this is a company with 17 years of pre-IPO history. We'll want to see that stock compensation expense come down.\nThe stock options vs. cash pay catch-22. Palantir has so far managed to keep its operating cash flows positive by paying employees in stock options rather than heavy amounts of cash. If the company aims to get its dilution down to 4% a year, then it will probably have to start paying employees more salary. That will cause dilution to ease off but also eat into operating cash flow and related metrics like free cash flow.\nCompetition. Palantir has a pretty solid moat in its core business of providing data software to large government agencies. But it faces stiff competition when reaching out to private sector clients. The companies offering data platforms to private businesses are legion. And this is where Palantir needs to look to fuel future growth because there are only so many Department of Defense contracts to go around.\n\nThe Bottom Line\nThe bottom line on Palantir is this:\nIt's a high growth business that unfortunately is seeing its expenses grow every bit as much as its revenue. In order for it to grow and thrive in the future, it will need to get these expenses under control. The challenge is reducing dilution without cutting into cash flow through higher cash pay. If the company can get dilution down to 4% as estimated above, maybe this dilemma won't matter so much. But if it keeps running at 100% a year? We've got a problem on our hands.","news_type":1},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818412851,"gmtCreate":1630425526573,"gmtModify":1631890531690,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Bought at $8","listText":"Bought at $8","text":"Bought at 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opportunity?&nbsp;","text":"$Innerscope Hearing Technologies, Inc.(INND)$ good buying opportunity?","images":[{"img":"https://static.tigerbbs.com/146da68e9ba01d562ba35ea658666307","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/810262312","isVote":1,"tweetType":1,"viewCount":842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810268639,"gmtCreate":1629981572421,"gmtModify":1631890531695,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Fraud company?&nbsp;","listText":"Fraud company?&nbsp;","text":"Fraud company?","images":[{"img":"https://static.tigerbbs.com/46e9f8c13def47749ed1e8c516f1371c","width":"1080","height":"3650"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810268639","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":836626553,"gmtCreate":1629478866272,"gmtModify":1631890531699,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Anyone invested in this?&nbsp;","listText":"Anyone invested in this?&nbsp;","text":"Anyone invested in this?","images":[{"img":"https://static.tigerbbs.com/9795ec16cef3356589918cbf92fb7324","width":"1080","height":"3511"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836626553","isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":830759587,"gmtCreate":1629101793549,"gmtModify":1631890531702,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Buying opportunity?&nbsp;","listText":"Buying opportunity?&nbsp;","text":"Buying opportunity?","images":[{"img":"https://static.tigerbbs.com/49bb7801973714c38a502aa5f18d684e","width":"1080","height":"3610"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830759587","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":897338863,"gmtCreate":1628877489552,"gmtModify":1631890531704,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Up 300%","listText":"Up 300%","text":"Up 300%","images":[{"img":"https://static.tigerbbs.com/17130c5b979bac6f6825470fd77b049b","width":"1080","height":"3511"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897338863","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":891171535,"gmtCreate":1628361802827,"gmtModify":1631890531706,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Next big stock","listText":"Next big stock","text":"Next big stock","images":[{"img":"https://static.tigerbbs.com/b428e7d2e560031a591ca8585d4a17e6","width":"1080","height":"3695"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/891171535","isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":177974111,"gmtCreate":1627178642433,"gmtModify":1631890531709,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"掉了75％...","listText":"掉了75％...","text":"掉了75％...","images":[{"img":"https://static.tigerbbs.com/435e232db29ddb8328482d85f22f5df8","width":"1080","height":"3824"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177974111","isVote":1,"tweetType":1,"viewCount":846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":173991346,"gmtCreate":1626594384585,"gmtModify":1631889053180,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;growth stocks were in a bubble in February...","listText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;growth stocks were in a bubble in February...","text":"$CPS Technologies Corp(CPSH)$ growth stocks were in a bubble in February...","images":[{"img":"https://static.tigerbbs.com/d8ee3de6fa343f2f9b495dc20f0dd5f4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/173991346","isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":173993597,"gmtCreate":1626594329819,"gmtModify":1631890531718,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Prophet?&nbsp;","listText":"Prophet?&nbsp;","text":"Prophet?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173993597","repostId":"1123523681","repostType":4,"repost":{"id":"1123523681","pubTimestamp":1626569903,"share":"https://www.laohu8.com/m/news/1123523681?lang=&edition=full","pubTime":"2021-07-18 08:58","market":"us","language":"en","title":"The story behind the savvy ‘Mystery Broker’ and where he sees the market going now","url":"https://stock-news.laohu8.com/highlight/detail?id=1123523681","media":"CNBC","summary":"“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column","content":"<div>\n<p>“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.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>The story behind the savvy ‘Mystery Broker’ and where he sees the market going now</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{ 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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\">\nThe story behind the savvy ‘Mystery Broker’ and where he sees the market going now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123523681","content_text":"“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial advisor who has come to be known in print and on Twitter as the Mystery Broker, whose market color and investment calls I share on the irregular frequency with which he sends them.\nHis predictions don’t always prove prescient, but he has been more right than wrong, with a particularly impressive record of bold calls around market bottoms and ahead of corrections.\nAs noted in that first writeup in Barron’s in December 2009: “This particular guy is unique in at least two respects. He has no interest in having his name placed in print or pixels. And he is the one commentator I’m aware of who both turned aggressively bearish virtually at the all-time market peak in 2007, then in April began insisting that the March market lows would not be challenged, and that a new cyclical bull market had a long way to run.”\nThis broker’s dispatch to me in April 2009 — just weeks after the ultimate low of a wrenching 18-month bear market and terrifying global credit crisis — was a 12-page single-spaced argument that the financial crisis was over.  This was far from the consensus at the time. A November 2007 piece had called for a brutal bear market, a month after the S&P 500 hit a peak it wouldn’t revisit until 2013 and before most investors even had a bear market on their radar.\nThe intention of airing his views was not to create some gimmick or generate cheap intrigue, but simply to offer the well-grounded thoughts of professional free of institutional constraints or the need to sell investment products.\nBut it did capture readers’ attention and imagination, to the point that requests for updates of the Mystery Broker’s market take come constantly. I continue it strictly because so many readers and viewers have followed his work for years and like to keep up\nAnd, yes, the whole exercise drives some people nuts, whether they think it’s irresponsible (which makes no sense, he gets no benefit and doesn’t hype small stocks that could move in his favor) or insist it’s a fictional alter ego (untrue).\nMystery Broker’s approach\nHe became a broker in the mid-’80s. While there’s long been a guessing game about MB’s identity, he is not someone who’s name anyone would know, he doesn’t otherwise comment publicly on investments.\nAs noted back in 2009: “He doesn’t claim any magic formulas or proprietary systems. His approach is eclectic and inclusive, ranging among economic, technical, historical, valuation and sentiment inputs.” He’ll cite Marty Zweig, Ned Davis and the Value Line Appreciation Potential indicators – fairly old-school inspirations – but doesn’t seem rigidly attached to any one model or style.\nI almost never solicit Mystery Broker’s take, preferring he check in only when it strikes him, often when he changes his market stance or is moved to reiterate his conviction in a prior call. Aside from the broad market commentary, he’ll sometimes make the case for or against individual stocks. He loved wells Fargo to start 2021, as well as GE, for instance.\nMystery Broker sometimes goes deep on a controversial emerging biotech name, the sort of thing I tend not to pass along. He was put off by CNBC’s heavy coverage of the “meme stocks” early this year and let me know it. He and I both have strong views on baseball, which we exchange via email. We’ve never met.\nHow he navigated the pandemic\nIn the past few months, Mystery Broker has been cautious on stocks and has missed a bit of upside. Specifically, he went to a sell (which tends to mean raising cash for clients and himself and hedging equity holdings with index puts) at the close on April 16, with the S&P 500 at 4185. The index went sideways for two months, then lifted to last week’s record up almost 5% from where he called for a correction.\nStill, he’s playing with a lot of house money, having been deftly bullish into the teeth of the March 2020 Covid crash. (He was negative on the market from January last year, though not because he expected either a pandemic or a crash).\nThe individual calls are viewable at the #MysteryBroker hashtag on Twitter, but to cite a few examples: He thought the March 4, 2020, low in the S&P 500 near 2900 would hold; it absolutely didn’t, plunging to about 2200 by the 23rd. But on March 26 he said the bottom was in, and within a month the S&P had recovered back to 2900.\nThen, this in mid-April 2020: He would normally look for a retest of the major low, but not then: ”“Because for the first time in stock market history the consensus is for a retest, a normal retest is not likely to happen.”\nThis was right, as was his preference for riskier cyclical stocks and his update June of last year: “We are in a new bull market...every correction should be bought...every time S&P 500 falls below its 50-day moving average is an extraordinary buying opportunity.”\nS&P 500 with 50-day moving averageFactSet\nAfter that and before predicting a correction three months ago that has yet to occur, he pegged the peak in FAANMG days before they topped last Sept. 1; said in late December the market had “entered the last hurrah for growth and speculative stocks” that would pressure the  overall market but not necessarily drive across-the-board losses; and predicted bitcoin would peak coincident with the Coinbase listing (it did). Not perfect, but not bad.\nHis current outlook\nHis is not a system, but a weight-of-the-evidence approach pursued with an open mind and a feel for market cadences earned over more than three decades of economic cycles.\nFollowing up onhis latest update this week, I asked for a broader take on historical echoes and longer-term probabilities. Mystery Broker offers this:\n“I think the current recovery is most similar to the recovery in 2003-04.  A big transition from hyper-growth to value.  Also, valuations are already high after only one year of stock market and economic growth similar to 2003-4, although more extreme now. ” He expects “muted returns for the rest of decade similar to the low returns of the first decade of the 2000s.  See leadership from industrials, healthcare and to some degree financials.”\n“Don’t expect technology to be a big outperformer and semiconductors will be a disappointment especially equipment semis that have benefitted from a few big trends over the last few years. Value, foreign stocks (expect dollar to fall over the next few years) and equal-weighted indices will outperform.  Inflation and interest rates will slowly rise which is different from the last decade.\n“The big surprise will be how old industries adapt to new technology and fight off some of the hot new entries.  There will be a lot of rebounds similar to how the New York Times came back from the dead last decade.”\nI also asked if he’s interested in being identified. The answer: not now, but maybe soon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147587861,"gmtCreate":1626364390153,"gmtModify":1631883885340,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNGX\">$Soligenix, Inc.(SNGX)$</a>&nbsp;time to give up trading&nbsp;","listText":"<a href=\"https://laohu8.com/S/SNGX\">$Soligenix, Inc.(SNGX)$</a>&nbsp;time to give up trading&nbsp;","text":"$Soligenix, Inc.(SNGX)$ time to give up trading","images":[{"img":"https://static.tigerbbs.com/542bb1b0d9d795904a03cc800c7c2b75","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/147587861","isVote":1,"tweetType":1,"viewCount":693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147584677,"gmtCreate":1626364337599,"gmtModify":1631890531720,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Growth stocks to crash soon","listText":"Growth stocks to crash soon","text":"Growth stocks to crash soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/147584677","repostId":"1109408846","repostType":4,"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142526991,"gmtCreate":1626163283313,"gmtModify":1631893643001,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142526991","repostId":"1101566017","repostType":4,"repost":{"id":"1101566017","pubTimestamp":1626132937,"share":"https://www.laohu8.com/m/news/1101566017?lang=&edition=full","pubTime":"2021-07-13 07:35","market":"us","language":"en","title":"How earnings season is likely to play out in the coming weeks and its impact on the stock market","url":"https://stock-news.laohu8.com/highlight/detail?id=1101566017","media":"cnbc","summary":"The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.Earnings growth in the second quarter is expected to be a stunning 66%, as companies compare their results to the depressed period last year when the pandemic abruptly shut down the economy, according to Refinitiv data.“If you listen to what the CFOs are going to say, you’re going to think the earnings are terrible, but if","content":"<div>\n<p>The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.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>How earnings season is likely to play out in the coming weeks and its impact on the stock market</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\">\nHow earnings season is likely to play out in the coming weeks and its impact on the stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1101566017","content_text":"The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the second quarter is expected to be a stunning 66%, as companies compare their results to the depressed period last year when the pandemic abruptly shut down the economy, according to Refinitiv data.\nNormally a profit leader, the technology sector this quarter, is expected to see just 32% profit growth, according to Refiniv. That compares to shockingly large estimated increases in industrial sector profits of more than 570%, and energy industry profits, up 220%. Earnings for the financial and materials sectors are expected to be up more than 100% each.\nThose huge gains and expected earnings beats should be a positive for some cyclical stocks this quarter. Earnings season kicks off Tuesday with reports fromJPMorgan Chase,Goldman Sachs,andPepsiCo.\nThis earnings season will be the period where the tug of war that’s been a factor in the stock market, between cyclical and growth trades, is due to play out very clearly in the earnings numbers. Inflationary pressures, negative for tech stock performance, are expected to help boost cyclical earnings growth in the rebound, as companies face rising input costs but also up their prices.\n“I think what you’re going to see is a very unusual kind of contradiction between the data and the narrative,” said Jonathan Golub, chief U.S. equity strategist at Credit Suisse. “What companies are going to say is they are facing shortages and rising input costs and other things which are constraints to their success. And then what you’re going to see is massive beats and the biggest portions coming from higher margins. They’re not going to try to reconcile it.”\nGolub expects companies to provide detail on rising costs and supply shortages but not as much information on how much they are raising prices or how broadly.\n“If you listen to what the CFOs are going to say, you’re going to think the earnings are terrible, but if you look at the results, they’re going to be magnificent,” he said.\nBut ultimately, it’s tech and growth that will prove to be the best performers profit-wise over the long haul. “Their own earnings revisions for themselves are still good. They’re not deteriorating. They’re solid. They’re not getting worse. They’re not accelerating in this ridiculous way. They’re on the same solid trajectory they’ve been on,” said Brian Rauscher, Fundstrat head of global portfolio strategy.\nRauscher expects the trend to revert back to tech as the better earnings performer in two quarters from now, when cyclical airline stocks or industrial stocks like Caterpillar will see earnings growth back in the single digits. “Tech will keep growing at 25%,” he said.\nHe says economic growth will have slowed to a more normalized and sustained pace. By then it will be more apparent whether inflation is temporary or not.\n“If they are unable to pass along price increases, it will hit the earnings,” he said.\nGolub points out that tech profits in last year’s second quarter actually increased by 3.3% from 2019, as cyclical earnings plunged 85% in the same period. The 2021 second quarter earnings growth estimate for tech is 34.2%, while some cyclical earnings will rebound by more than 570% just to get back to even with 2019.\n“It says one of these is a near term trade, and one of them is a long term trade,” said Golub. “Once the supply chain issues are gone, [cyclicals] are going to be unimpressive.”\nEven with the push pull of tech and growth versus cyclical trades, strategists say the earning season should be good for the stock market.\n“I think the numbers will be very good, and it’ll be supportive for markets,” said Rauscher. He said some investors may be concerned that a peak period of earnings this quarter will lead to a market decline but he doesn’t expect that to be the case.\n“Obviously, the numbers are going to be outsized because we have that weird comparison from last year. I think the important thing is going to be the return of guidance,” Rauscher said. Both he and Golub say they expect earnings to beat to the upside.\n“I think the analysts have underestimated the improvement in operating leverage,” Rauscher said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":147584677,"gmtCreate":1626364337599,"gmtModify":1631890531720,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Growth stocks to crash soon","listText":"Growth stocks to crash soon","text":"Growth stocks to crash soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/147584677","repostId":"1109408846","repostType":4,"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117484689,"gmtCreate":1623157628641,"gmtModify":1631886457518,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>&nbsp;going up?","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>&nbsp;going up?","text":"$Innerscope Hearing Technologies, Inc.(INND)$ going up?","images":[{"img":"https://static.tigerbbs.com/0e89eed8fa4ba5c87567ce87d90e72ce","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/117484689","isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181924841,"gmtCreate":1623371369783,"gmtModify":1631893643031,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Clov is gone","listText":"Clov is gone","text":"Clov is gone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/181924841","repostId":"1194129273","repostType":4,"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817860293,"gmtCreate":1630932001412,"gmtModify":1631890531690,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"We've all been taken for a ride by Peter thiel","listText":"We've all been taken for a ride by Peter thiel","text":"We've all been taken for a ride by Peter thiel","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/817860293","repostId":"1104055488","repostType":4,"repost":{"id":"1104055488","pubTimestamp":1630931761,"share":"https://www.laohu8.com/m/news/1104055488?lang=&edition=full","pubTime":"2021-09-06 20:36","market":"us","language":"en","title":"Palantir: The Dilution Is Real","url":"https://stock-news.laohu8.com/highlight/detail?id=1104055488","media":"seekingalpha","summary":"Summary\n\nPalantir stock has been heavily diluted since it went public in a 2020 direct listing.\nThe ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Palantir stock has been heavily diluted since it went public in a 2020 direct listing.</li>\n <li>The company has an admirable competitive position in providing data services to Federal agencies, but is diluting itself through share-based compensation.</li>\n <li>Since going public, Palantir has increased its number of shares outstanding by 108%.</li>\n <li>In this article, I develop a neutral thesis on Palantir, arguing that it is a solid business whose stock performance could lag business performance due to dilution.</li>\n</ul>\n<p><b><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a></b> stock has been trading in a pretty narrow range lately. Bouncing between $21.50 and $26.50 ever since May, it appears to be stuck. Granted, if you'd bought at the lower end of that range, you'd be up a handsome 23% by now. But if you had bought at the all-time high of $39.58, you'd be hurting. As of this writing, PLTR stock was sitting at about $26.6, down 32% from that elevated price.</p>\n<p>On the surface, Palantir's recent stock moves have been perplexing. Palantir's most recent earningsbeat on both revenue and EPS,yet the stock has not gone anywhere near its previous highs. What are the markets thinking here?</p>\n<p>It's not easy to say. Mr. Market can be a fickle little fellow, and his behavior isn't always dictated by fundamentals. But one thing that may be influencing Palantir's tepid performance as of late is dilution. In the third quarter of 2020, Palantir had905 million shares outstanding. By the second quarter of 2021, that figure hadgrown to 1.89 billion. As I wrote in arecent Tweet, that's a greater than 100% increase in shares outstanding (1.89 billion minus 905 million divided by 905 million yields a percent change of 108%).</p>\n<p><img src=\"https://static.tigerbbs.com/f298c0812e557a7c33655d6d14c88217\" tg-width=\"566\" tg-height=\"384\" referrerpolicy=\"no-referrer\">As of Palantir's recent earnings release, it had 1.89 billion shares outstanding - a 108% increase from the third quarter of 2020. The period covered here is the trailing 12-month period, so we're talking about share count<i>doubling</i>in just a year.</p>\n<p>That's a fair amount of dilution. And it is quite likely that it is affecting the stock price. Palantir insiders are known to have unloaded stock immediately after their lockup period expired. According to&nbsp;<i>Simply Wall Street,</i>&nbsp;insiders sold $440 million worth of shares in the first three days of trading, and $600 million more in the week after that. So, not only are new shares being issued, they're being added to the public float. This sort of thing tends to depress stock prices because it increases the supply of shares. Unless demand increases, a stock's price will go down during a wave of insider selling.</p>\n<p>That is why I've&nbsp;changed my rating&nbsp;on Palantir from bullish to neutral. I think that this stock probably will enjoy upside in the long run if the dilution eases off, but this year, it will be difficult for PLTR to run ahead of the selling pressure it's under. At $22, I was quite bullish on the stock, but at $26.6 I think it's near the top of the range it's likely to trade in for quite some time. Accordingly I'll develop a neutral thesis on PLTR in this article, arguing that investors are unlikely to lose their shirts on it but probably won't realize massive gains (in the short term) either.</p>\n<p><b>Examining Palantir's Dilution in Detail</b></p>\n<p>When we talk about a company's share count, there are three possible things we could be referring to:</p>\n<ol>\n <li><b>Shares outstanding.</b>The number of shares that currently exist. When calculating diluted EPS, this includes options and convertible securities.</li>\n <li><b>Public float.</b>The number of shares that are available to be publicly traded.</li>\n <li><b>Fully diluted shares.</b>The number of shares that would exist if stock options and convertible securities - including those not yet vested - were to be exercised.</li>\n</ol>\n<p>In Palantir's case, these share counts are not identical. Usually, shares outstanding used for diluted EPS are the same as fully diluted shares, but Palantir's definition of \"fully diluted shares\" includes stock warrants that don't actually exist yet. Primarily, stock options that have been granted but won't be issued until employees hit their performance targets. The company currently has250 million warrants&nbsp;that won't technically exist until employees hit these milestones. These do not make it into the company's shares outstanding count - not even in the diluted EPS calculation.</p>\n<p>PLTR's weighted average shares outstanding as of the most recent quarter was 1.89 billion. Its float,&nbsp;according to FinViz, was 1.63 billion. Diluted shares were the same as shares outstanding (1.89 billion) in the Q2 press release, although an&nbsp;earlier filing&nbsp;suggests that the count reaches 2.17 billion if you include options and warrants that can't be exercised until way later. If you add 250 million to 1.89 billion, you get to 2.14 billion - almost the same as the fully diluted share count. This corroborates my theory that the un-vested warrants account for the difference between shares outstanding and fully diluted shares.</p>\n<p>Based on these numbers, we can evaluate how much Palantir's equity has been diluted in the past four quarters.</p>\n<ul>\n <li>As mentioned earlier, shares outstanding has gone from 905 million to 1.89 billion, a 108% increase. PLTR had as few as 574 million shares in 2019. We've seen a 229% increase since then - but that count is from before PLTR was public, so is immaterial to this discussion.</li>\n <li>Estimates of Palantir's float range from 1.53 billion to 1.68 billion according tofloatchecker.com. Since Palantir is a recent listing, the count is up from zero. At least $1.04 billion worth of shares were added to the float right after the listing, because that's the number of shares unloaded by insiders in the&nbsp;first 10 days of trading.</li>\n <li>Fully diluted shares probably haven't increased as much as either shares outstanding or float. Companies aren't under any obligation to report \"granted but not vested\" employee stock options, and Palantir hasn't done so since its prospectus. However, Palantir's stock compensation expense has decreased since it went public, so the number is likely growing slower than it had been previously.</li>\n</ul>\n<p>What this all boils down to is that Palantir's equity is being diluted significantly no matter which share count you look at. Shares outstanding, float, it's all up. With that said, we may have seen the worst of this. As mentioned already, the amount of stock-based compensation is going down. One analyst forecast future dilution of 4% per year, which is far outpaced by Palantir's revenue growth.</p>\n<p><b>Palantir's Recent Earnings</b></p>\n<p>As we've seen already, Palantir has been seeing some serious dilution brought on by stock-based compensation. It is what it is. The good news is that Palantir's revenue and EBITDA are growing at a rapid pace, and may ultimately grow faster than the number of shares.</p>\n<p>For the most recent quarter, Palantir posted the following results:</p>\n<ul>\n <li>Revenue: $376 million, up 49%.</li>\n <li>Total contract value: $925 million, up 175%.</li>\n <li>Net new customers: 20, up 13% quarter-over-quarter.</li>\n <li>Gross profit: $90 million, up 32%.</li>\n <li>Cash from operations (six-month): $139 million, up from a $226 million outflow.</li>\n</ul>\n<p>As you can see, many of Palantir's key financial and operating metrics improved considerably in Q2. GAAP diluted EPS was still a loss at $-0.07, although adjusted EPS was positive at $0.04. If EPS were to stay at $0.04 for the next three quarters, then we'd end up with $0.16 in annualized EPS. That yields a 166 P/E ratio. The price/operating cash flow ratio is even higher at 374. Not exactly cheap.</p>\n<p>However, we need to account for Palantir's growth potential. Since going public, Palantir has managed to maintain revenue growth in the high 40% to low 50% range. If EPS could grow in line with revenue, then we'd have an ever increasing adjusted EPS figure taking the multiple lower based on today's price. Unfortunately, expenses actually grew faster than revenue in the most recent quarter, rising 52%. For the six-month period, expenses grew even more, at 57%. Now, according to analyst Michael Page, dilution is expected to run at about 4% per year for the foreseeable future. We have got revenue running well ahead of that rate, but on the other hand, there is no clear trend of operating profitability. So it's a very mixed picture we're seeing here - hence my neutral rating on the stock.</p>\n<p><b>Risks and Challenges</b></p>\n<p>As we've seen, Palantir is a fast-growing stock with some major dilution on its hands. In my view, it's going to perform about in line with the market, or keep trading in its established range, in the near term. But there are some risks and challenges even to this fairly tepid thesis. They include:</p>\n<ul>\n <li><b>Continued growth in expenses.</b>&nbsp;Palantir's expenses have been growing faster than its revenue lately. A lot of these expenses are stock compensation - hence cash flow being positive while operating earnings are negative - but they are expenses nonetheless. We expect companies to lose money when they're fresh out of their IPO but this is a company with 17 years of pre-IPO history. We'll want to see that stock compensation expense come down.</li>\n <li><b>The stock options vs. cash pay catch-22.</b>&nbsp;Palantir has so far managed to keep its operating cash flows positive by paying employees in stock options rather than heavy amounts of cash. If the company aims to get its dilution down to 4% a year, then it will probably have to start paying employees more salary. That will cause dilution to ease off but also eat into operating cash flow and related metrics like free cash flow.</li>\n <li><b>Competition.</b>&nbsp;Palantir has a pretty solid moat in its core business of providing data software to large government agencies. But it faces stiff competition when reaching out to private sector clients. The companies offering data platforms to private businesses are legion. And this is where Palantir needs to look to fuel future growth because there are only so many Department of Defense contracts to go around.</li>\n</ul>\n<p><b>The Bottom Line</b></p>\n<p>The bottom line on Palantir is this:</p>\n<p>It's a high growth business that unfortunately is seeing its expenses grow every bit as much as its revenue. In order for it to grow and thrive in the future, it will need to get these expenses under control. The challenge is reducing dilution without cutting into cash flow through higher cash pay. If the company can get dilution down to 4% as estimated above, maybe this dilemma won't matter so much. But if it keeps running at 100% a year? We've got a problem on our hands.</p>","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>Palantir: The Dilution Is Real</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\">\nPalantir: The Dilution Is Real\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453687-palantir-stock-dilution-real><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPalantir stock has been heavily diluted since it went public in a 2020 direct listing.\nThe company has an admirable competitive position in providing data services to Federal agencies, but is...</p>\n\n<a href=\"https://seekingalpha.com/article/4453687-palantir-stock-dilution-real\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4453687-palantir-stock-dilution-real","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104055488","content_text":"Summary\n\nPalantir stock has been heavily diluted since it went public in a 2020 direct listing.\nThe company has an admirable competitive position in providing data services to Federal agencies, but is diluting itself through share-based compensation.\nSince going public, Palantir has increased its number of shares outstanding by 108%.\nIn this article, I develop a neutral thesis on Palantir, arguing that it is a solid business whose stock performance could lag business performance due to dilution.\n\nPalantir Technologies Inc. stock has been trading in a pretty narrow range lately. Bouncing between $21.50 and $26.50 ever since May, it appears to be stuck. Granted, if you'd bought at the lower end of that range, you'd be up a handsome 23% by now. But if you had bought at the all-time high of $39.58, you'd be hurting. As of this writing, PLTR stock was sitting at about $26.6, down 32% from that elevated price.\nOn the surface, Palantir's recent stock moves have been perplexing. Palantir's most recent earningsbeat on both revenue and EPS,yet the stock has not gone anywhere near its previous highs. What are the markets thinking here?\nIt's not easy to say. Mr. Market can be a fickle little fellow, and his behavior isn't always dictated by fundamentals. But one thing that may be influencing Palantir's tepid performance as of late is dilution. In the third quarter of 2020, Palantir had905 million shares outstanding. By the second quarter of 2021, that figure hadgrown to 1.89 billion. As I wrote in arecent Tweet, that's a greater than 100% increase in shares outstanding (1.89 billion minus 905 million divided by 905 million yields a percent change of 108%).\nAs of Palantir's recent earnings release, it had 1.89 billion shares outstanding - a 108% increase from the third quarter of 2020. The period covered here is the trailing 12-month period, so we're talking about share countdoublingin just a year.\nThat's a fair amount of dilution. And it is quite likely that it is affecting the stock price. Palantir insiders are known to have unloaded stock immediately after their lockup period expired. According to Simply Wall Street, insiders sold $440 million worth of shares in the first three days of trading, and $600 million more in the week after that. So, not only are new shares being issued, they're being added to the public float. This sort of thing tends to depress stock prices because it increases the supply of shares. Unless demand increases, a stock's price will go down during a wave of insider selling.\nThat is why I've changed my rating on Palantir from bullish to neutral. I think that this stock probably will enjoy upside in the long run if the dilution eases off, but this year, it will be difficult for PLTR to run ahead of the selling pressure it's under. At $22, I was quite bullish on the stock, but at $26.6 I think it's near the top of the range it's likely to trade in for quite some time. Accordingly I'll develop a neutral thesis on PLTR in this article, arguing that investors are unlikely to lose their shirts on it but probably won't realize massive gains (in the short term) either.\nExamining Palantir's Dilution in Detail\nWhen we talk about a company's share count, there are three possible things we could be referring to:\n\nShares outstanding.The number of shares that currently exist. When calculating diluted EPS, this includes options and convertible securities.\nPublic float.The number of shares that are available to be publicly traded.\nFully diluted shares.The number of shares that would exist if stock options and convertible securities - including those not yet vested - were to be exercised.\n\nIn Palantir's case, these share counts are not identical. Usually, shares outstanding used for diluted EPS are the same as fully diluted shares, but Palantir's definition of \"fully diluted shares\" includes stock warrants that don't actually exist yet. Primarily, stock options that have been granted but won't be issued until employees hit their performance targets. The company currently has250 million warrants that won't technically exist until employees hit these milestones. These do not make it into the company's shares outstanding count - not even in the diluted EPS calculation.\nPLTR's weighted average shares outstanding as of the most recent quarter was 1.89 billion. Its float, according to FinViz, was 1.63 billion. Diluted shares were the same as shares outstanding (1.89 billion) in the Q2 press release, although an earlier filing suggests that the count reaches 2.17 billion if you include options and warrants that can't be exercised until way later. If you add 250 million to 1.89 billion, you get to 2.14 billion - almost the same as the fully diluted share count. This corroborates my theory that the un-vested warrants account for the difference between shares outstanding and fully diluted shares.\nBased on these numbers, we can evaluate how much Palantir's equity has been diluted in the past four quarters.\n\nAs mentioned earlier, shares outstanding has gone from 905 million to 1.89 billion, a 108% increase. PLTR had as few as 574 million shares in 2019. We've seen a 229% increase since then - but that count is from before PLTR was public, so is immaterial to this discussion.\nEstimates of Palantir's float range from 1.53 billion to 1.68 billion according tofloatchecker.com. Since Palantir is a recent listing, the count is up from zero. At least $1.04 billion worth of shares were added to the float right after the listing, because that's the number of shares unloaded by insiders in the first 10 days of trading.\nFully diluted shares probably haven't increased as much as either shares outstanding or float. Companies aren't under any obligation to report \"granted but not vested\" employee stock options, and Palantir hasn't done so since its prospectus. However, Palantir's stock compensation expense has decreased since it went public, so the number is likely growing slower than it had been previously.\n\nWhat this all boils down to is that Palantir's equity is being diluted significantly no matter which share count you look at. Shares outstanding, float, it's all up. With that said, we may have seen the worst of this. As mentioned already, the amount of stock-based compensation is going down. One analyst forecast future dilution of 4% per year, which is far outpaced by Palantir's revenue growth.\nPalantir's Recent Earnings\nAs we've seen already, Palantir has been seeing some serious dilution brought on by stock-based compensation. It is what it is. The good news is that Palantir's revenue and EBITDA are growing at a rapid pace, and may ultimately grow faster than the number of shares.\nFor the most recent quarter, Palantir posted the following results:\n\nRevenue: $376 million, up 49%.\nTotal contract value: $925 million, up 175%.\nNet new customers: 20, up 13% quarter-over-quarter.\nGross profit: $90 million, up 32%.\nCash from operations (six-month): $139 million, up from a $226 million outflow.\n\nAs you can see, many of Palantir's key financial and operating metrics improved considerably in Q2. GAAP diluted EPS was still a loss at $-0.07, although adjusted EPS was positive at $0.04. If EPS were to stay at $0.04 for the next three quarters, then we'd end up with $0.16 in annualized EPS. That yields a 166 P/E ratio. The price/operating cash flow ratio is even higher at 374. Not exactly cheap.\nHowever, we need to account for Palantir's growth potential. Since going public, Palantir has managed to maintain revenue growth in the high 40% to low 50% range. If EPS could grow in line with revenue, then we'd have an ever increasing adjusted EPS figure taking the multiple lower based on today's price. Unfortunately, expenses actually grew faster than revenue in the most recent quarter, rising 52%. For the six-month period, expenses grew even more, at 57%. Now, according to analyst Michael Page, dilution is expected to run at about 4% per year for the foreseeable future. We have got revenue running well ahead of that rate, but on the other hand, there is no clear trend of operating profitability. So it's a very mixed picture we're seeing here - hence my neutral rating on the stock.\nRisks and Challenges\nAs we've seen, Palantir is a fast-growing stock with some major dilution on its hands. In my view, it's going to perform about in line with the market, or keep trading in its established range, in the near term. But there are some risks and challenges even to this fairly tepid thesis. They include:\n\nContinued growth in expenses. Palantir's expenses have been growing faster than its revenue lately. A lot of these expenses are stock compensation - hence cash flow being positive while operating earnings are negative - but they are expenses nonetheless. We expect companies to lose money when they're fresh out of their IPO but this is a company with 17 years of pre-IPO history. We'll want to see that stock compensation expense come down.\nThe stock options vs. cash pay catch-22. Palantir has so far managed to keep its operating cash flows positive by paying employees in stock options rather than heavy amounts of cash. If the company aims to get its dilution down to 4% a year, then it will probably have to start paying employees more salary. That will cause dilution to ease off but also eat into operating cash flow and related metrics like free cash flow.\nCompetition. Palantir has a pretty solid moat in its core business of providing data software to large government agencies. But it faces stiff competition when reaching out to private sector clients. The companies offering data platforms to private businesses are legion. And this is where Palantir needs to look to fuel future growth because there are only so many Department of Defense contracts to go around.\n\nThe Bottom Line\nThe bottom line on Palantir is this:\nIt's a high growth business that unfortunately is seeing its expenses grow every bit as much as its revenue. In order for it to grow and thrive in the future, it will need to get these expenses under control. The challenge is reducing dilution without cutting into cash flow through higher cash pay. If the company can get dilution down to 4% as estimated above, maybe this dilemma won't matter so much. But if it keeps running at 100% a year? We've got a problem on our hands.","news_type":1},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":394035031,"gmtCreate":1607848098323,"gmtModify":1703849921095,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>还会跌吗？","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>还会跌吗？","text":"$NIO Inc.(NIO)$还会跌吗？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/394035031","isVote":1,"tweetType":1,"viewCount":3150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":392792466,"gmtCreate":1607521802355,"gmtModify":1703848412038,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XPEV\">$XPeng Inc.(XPEV)$</a>太厉害了","listText":"<a href=\"https://laohu8.com/S/XPEV\">$XPeng Inc.(XPEV)$</a>太厉害了","text":"$XPeng Inc.(XPEV)$太厉害了","images":[{"img":"https://static.tigerbbs.com/a8ea41753f49a2d1f844d51d7e79cd2a","width":"1080","height":"2340"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/392792466","isVote":1,"tweetType":1,"viewCount":1770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":391559277,"gmtCreate":1606738500199,"gmtModify":1703844069131,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCNNF\">$Trulieve Cannabis Corporation(TCNNF)$</a>&nbsp;anyone looking at this stock? Share your opinions please!","listText":"<a href=\"https://laohu8.com/S/TCNNF\">$Trulieve Cannabis Corporation(TCNNF)$</a>&nbsp;anyone looking at this stock? Share your opinions please!","text":"$Trulieve Cannabis Corporation(TCNNF)$ anyone looking at this stock? Share your opinions please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/391559277","isVote":1,"tweetType":1,"viewCount":1318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139668569,"gmtCreate":1621615000451,"gmtModify":1631889053204,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;没了...&nbsp;","listText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;没了...&nbsp;","text":"$CPS Technologies Corp(CPSH)$ 没了...","images":[{"img":"https://static.tigerbbs.com/278b161e0bf1d7fc0bf1309b648222c9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/139668569","isVote":1,"tweetType":1,"viewCount":1779,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572908653374117","authorId":"3572908653374117","name":"Aerotyne","avatar":"https://static.tigerbbs.com/58a420e7e33ef2e208af6f42742a9909","crmLevel":1,"crmLevelSwitch":0,"idStr":"3572908653374117","authorIdStr":"3572908653374117"},"content":"低位加仓，逢高卖出，这样就可以拉低成本了，而不是就这样站着不操作","text":"低位加仓，逢高卖出，这样就可以拉低成本了，而不是就这样站着不操作","html":"低位加仓，逢高卖出，这样就可以拉低成本了，而不是就这样站着不操作"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":196441761,"gmtCreate":1621102403053,"gmtModify":1634194033940,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/196441761","repostId":"1185220705","repostType":4,"repost":{"id":"1185220705","pubTimestamp":1621001944,"share":"https://www.laohu8.com/m/news/1185220705?lang=&edition=full","pubTime":"2021-05-14 22:19","market":"us","language":"en","title":"7 Hot Stocks To Buy Now For A Summer Of Reopenings","url":"https://stock-news.laohu8.com/highlight/detail?id=1185220705","media":"InvestorPlace","summary":"These hot stocks to buy are well positioned to benefit from a healing economy.\n\nVolatility is on the","content":"<blockquote>\n <b>These hot stocks to buy are well positioned to benefit from a healing economy.</b>\n</blockquote>\n<p>Volatility is on the rise, putting the pressure on many high growth stocks. As we all get ready to welcome summer days that more closely resemble our pre-pandemic lives, the markets are rotating away from the growth stocks it favored during lockdowns and quarantines, especially tech shares.</p>\n<p>For instance, the tech-heavy<b>NASDAQ 100</b>index is down more than 4% since the start of May. As a result, many retail investors are wondering which sectors and stocks might be do well in the remaining days of the quarter.</p>\n<p>The ongoing Covid-19 pandemic remains the most crucial market factor. Last year, that meant buying businesses that benefited from trends resulting from the pandemic and the lockdown (such as digitalization, health care, renewable energy or work-from-home). However, many of this year’s leading stocks are those most likely to benefit from a recovering economy and a ‘return to normalcy.’</p>\n<p>With that information, here are seven hot stocks to buy:</p>\n<ul>\n <li><b>Align Technology</b>(NASDAQ:<b><u>ALGN</u></b>)</li>\n <li><b>Ford Motor</b>(NYSE:<b><u>F</u></b>)</li>\n <li><b>Freeport-McMoRan</b>(NYSE:<b><u>FCX</u></b>)</li>\n <li><b>Hilton Worldwide</b>(NYSE:<b><u>HLT</u></b>)</li>\n <li><b>Stryker</b>(NYSE:<b><u>SYK</u></b>)</li>\n <li><b>Take-Two Interactive</b>(NASDAQ:<b><u>TTWO</u></b>)</li>\n <li><b>Verizon Communications</b>(NYSE:<b><u>VZ</u></b>)</li>\n</ul>\n<p>Over the past 12 months, investors were able to find quality names at good value. Now, valuation levels are quite stretched. Yet, there are still plenty of robust investment opportunities out there, especially for long-term investors.</p>\n<p><b>Hot stocks to buy:</b>&nbsp;<b><b>Align Technology</b></b><b>(ALGN)</b><img src=\"https://static.tigerbbs.com/d1e5a088c59cdc7b46f9f8be1a68931e\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: rafapress / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$</b><b>195.56</b><b>– $</b><b>647.20</b></p>\n<p>Dental device groupAlign Technology is primarily known for its Invisalign system, an alternative to traditional braces to correct malocclusions, or misalignment of the teeth. You might know of this product as invisible dental braces. The company also manufactures scanners and offers computer-aided design (CAD) services to support the customization of these liners.</p>\n<p>Align Technologyreported record-setting first quarter resultson April 28. Total revenue was $894.8 million, up 62.4% year-over-year (YoY). On a non-GAAP basis, first quarter net income was $198.4 million, or $2.49 per diluted share. This represented a 242% increase from $57.9 million, or 73 cents per diluted share, recorded in the prior year quarter.Cash and equivalents stood at $1.1 billion.</p>\n<p>CEO Joe Hogan said:</p>\n<blockquote>\n “It’s remarkable to think about the pace of growth and adoption that we are experiencing worldwide, especially when considering it took 10 years to achieve our one millionth Invisalign patient milestone. Now we are adding one million new Invisalign patients in less than six months.”\n</blockquote>\n<p>The pandemic has meant many individuals had to postpone non-essential dental procedures. As our economy opens up further, more people are likely to start elective dental procedures, such as tooth straightening treatments. Meanwhile, the number of orthodontists and general practitioner dentists using theInvisalign system stateside is on the rise. Therefore, the company is likely to keep growing for many quarters to come. Its market capitalization (cap) stands at $43 billion.</p>\n<p>Year-to-date (YTD), the shares are up 3% and hit a record high in late April. ALGN stock’s forward price-to-earnings (P/E) and price-to-sales (P/S) ratios are 65.36 and 16.88.</p>\n<p>Short-term profit-taking could put pressure on the shares. A potential decline toward $520 would improve the margin of safety.</p>\n<p><b>Ford Motor</b>(F)<img src=\"https://static.tigerbbs.com/8f2a0f3d677a90ffec184c1164d5366b\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Vitaliy Karimov / Shutterstock.com</p>\n<p><b>52-week range: $4.52&nbsp;– $13.62</b></p>\n<p>Legacy automaker Ford Motorreported first quarter resultsin late April. Revenue increased 6% to $36.2 billion. GAAP net income was $3.3 billion, compared to net loss of $2 billion in the prior year quarter.Adjusted earnings per share came at 89 cents.</p>\n<p>CEO Jim Farley regards the Mustang Mach-E GT as Ford’s first serious push into theelectric vehicle(EV) space. Going forward, CFO John Lawler highlighted that semiconductor shortage, exacerbated by a recent fire at a supplier plant in Japan, would likely get worse before bottoming out in Q2. The auto industry, as well as many other sectors, are under pressure due to the chip shortage worldwide.</p>\n<p>YTD, Ford shares are up over 32%. Forward P/E and P/S ratios stand at 11.76 and 0.37, respectively. Since the earnings report, F stock has come under pressure. Any further decline toward $10 would improve the risk/return profile.</p>\n<p>In addition to its legacy business, the new decade will likely see Ford gain gain market share in the growing EV industry. Buy-and-hold investor should put the shares on their radar.</p>\n<p><b>Freeport-McMoRan</b>(FCX)<img src=\"https://static.tigerbbs.com/6ab2c325ffcebae5165f020a789bb1e7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: MICHAEL A JACKSON FILMS / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$7.80&nbsp;– $44.50</b></p>\n<p>Next in line is one of the largest copper miners worldwide, the Phoenix,Arizona-based Freeport-McMoRan. Itssegments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.</p>\n<p>Regular<i>InvestorPlace.com</i>readers know well how copper has been under the spotlight in recent months. It is a critical commodity, seeing high demand as the economy opens up further. In addition, copper is used in infrastructure projects, such as construction, transportation and electrical networks. This major industrial metal is also used heavily in the transition to renewable energy. And EVs use up to four times more copper than traditional cars.</p>\n<p>Freeport-McMoRanreported&nbsp;first-quarter resultsin late April. Consolidated sales came in at $4.85 billion, a73.3% YoY increase from$2.80 billion in the prior year period. Adjusted net income totaled $756 million, or 51 cents per diluted share. As of March 31, the company had $4.58 billion in cash and equivalents.</p>\n<p>CEO Richard C. Adkerson said:</p>\n<blockquote>\n “We are well positioned for long-term success as a leading producer of copper required for a growing global economy and accelerating demand from copper’s critical role in building infrastructure and the transition to clean energy.”\n</blockquote>\n<p>Since the start of the year, FCX stock has returned over 60%. Forward P/E and P/S ratios are16.98and 3.97, respectively. Copper bulls could look to buy the dips in the shares.</p>\n<p><b>Hilton Worldwide</b>(HLT)<img src=\"https://static.tigerbbs.com/b8b940753d6293ed4c2b162c8dd4b63f\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: josefkubes / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$</b><b>62.47</b><b>– $</b><b>132.69</b></p>\n<p>Hilton Worldwide is one of the leading names in theleisure and hotel space, operating more than a million rooms across 18 brands. Needless to say, for over a year, hotel room bookings have taken a beating.</p>\n<p>Hampton and Hilton are currently the group’s two largest brands by total room count at 28% and 21%, respectively. For hotels, revenue per available room is the key measure of top-line performance.</p>\n<p>Hiltonreported first quarter resultson May 5.Total revenue fell more than 54% to $874 million. Revenue per available room declined about 38% from a year earlier. Net loss was $109 million.</p>\n<p>CEO Christopher J. Nassetta remarked, “While rising COVID-19 cases and tightened travel restrictions, particularly across Europe and our Asia Pacific region, weighed on demand in January and February, we saw meaningful improvement in March and April. We expect this positive momentum to continue as vaccines are more widely distributed and our customers feel safe traveling again.”</p>\n<p>So far in 2021, HLT stock is up 9%. Forward P/E and P/S ratios are47.85and10.54respectively. Many investors see the shares as a bet on the post-pandemic recovery. Buy-and-hold investors should regard a decline toward the $110 level as an opportune point of entry into the shares.</p>\n<p><b>Stryker (SYK)</b><img src=\"https://static.tigerbbs.com/4312ffefa76a295e858a21726a3fa090\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p><b>52-week range: $171.75-268.04</b></p>\n<p>Kalamazoo, Michigan-based Stryker manufactures medical equipment, consumable supplies and implantable devices. Its product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices. As for many companies, the pandemic meant a disruption of business.</p>\n<p>Stryker releasedQ1 2021 figuresin recent weeks. The company’s top line increased 10.2% YoY to $4 billion. Adjusted diluted EPS was $1.93, a 4.9% YoY increase. Quarter-end cash and equivalents stood at $2.2 billion.</p>\n<p>Management cited, “As we recover from the pandemic, we continue to expect 2021 organic net sales growth to be in the range of 8% to 10% from 2019, as this is a more normal baseline given the variability throughout 2020, and now expect adjusted net earnings per diluted share to be in the range of $9.05 to $9.30.”</p>\n<p>YTD, Stryker stock has returned about 4% and hit a record high in late April. The current price supports a dividend yield of 0.99%. As life gets back to normal in the coming months, the company should see higher procedure volumes, translating into stronger revenue.</p>\n<p>Furthermore, our country is aging. Thus, its products are likely to be used by more individuals. However, the shares are richly valued. Forward P/Eand P/S ratios are 27.78 and 6.59.</p>\n<p>Interested investors would find better value around $240.</p>\n<p><b>Take-Two Interactive</b>(TTWO)<img src=\"https://static.tigerbbs.com/cd6a5001e1afc373b4f5e7eab41193f8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Thomas Pajot / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$</b><b>124.86</b><b>– $</b><b>214.91</b></p>\n<p>Game publisher Take-Two Interactive markets products through its subsidiaries Rockstar Games and 2K. Its iconic title<i>Grand Theft Auto V</i>&nbsp;(<i>GTA V</i>) is well-known by players worldwide and brings in a large slice of revenues. Other titles include<i>NBA 2K</i>,<i>Civilization</i>,<i>Borderlands</i>,<i>Bioshock</i>, and<i>Xcom</i>. The video gaming industry has been one of the clear winners during the ‘stay-at-home’ days of the pandemic. Management plans to release new names in the coming quarters.</p>\n<p>In February, Take-Two Interactivereported strong Q3 results. GAAP net revenue was $860.9 million, as compared to $930.1 million in the prior year quarter. GAAP net income increased 11% to $182.2 million, or $1.57 per diluted share, compared to $163.6 million, or $1.43 per diluted share, a year ago. As of Dec. 31, 2020, the company had cash and short-term investments of $2.42 billion.</p>\n<p>CEO Strauss Zelnick said:</p>\n<blockquote>\n “Due to an incredibly strong holiday season, coupled with our ability to provide consistently the highest quality entertainment experiences, especially as many individuals continue to shelter at home, Take-Two delivered operating results that significantly exceeded our expectations.”\n</blockquote>\n<p>YTD, shares are down around 18%. TTWO stock has given up some of its recent gains after hitting an all-time high in early February. Forward P/E and P/S ratios are 28.33 and 5.95, respectively.</p>\n<p>The recent pullback offers a good opportunity for long-term investors. Bear in mind the company will report Q4 results on May 18. Interested investors may want to analyze those metrics before buying into the share price.</p>\n<p>Verizon Communications (VZ)<img src=\"https://static.tigerbbs.com/8bd8efe91ecb461c940cc8eb994e7ded\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Ken Wolter / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$52.85 – $61.95</b></p>\n<p>Our final stock is telecom giantVerizon Communications, which serves around 90.2 million postpaid and 4 million prepaid phone customers. Verizon announcedQ1 figures for 2021at the end of April. Revenue rose by 4% YoY to $32.867 billion. Bottom line growth was much more impressive, with 25.4% YoY increase. Net earnings realized was $5.378 billion. Diluted EPS came at $1.27. A year ago, it had been $1.00. During the quarter, cash flow from operations was $9.7 billion.</p>\n<p>CFO Matt Ellis cited:</p>\n<blockquote>\n “We delivered strong operational and financial performance, giving us positive momentum as we end the first quarter. High quality, sustainable wireless service revenue growth, a recovery in wireless equipment revenues, strong Fios momentum and excellent Verizon Media trends led the way.”\n</blockquote>\n<p>In December, the shares hit a 52-week high of $61.95. Now, the stock is just shy of $60. The current price supports a dividend yield of 4.2%. VZ stock’sforward P/Eand P/S ratios are 11.67 and 0.47, respectively. Interested investors could consider buying the dips.</p>\n<p><i>On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","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>7 Hot Stocks To Buy Now For A Summer Of Reopenings</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\">\n7 Hot Stocks To Buy Now For A Summer Of Reopenings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/7-hot-stocks-to-buy-now-for-a-summer-of-reopenings/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These hot stocks to buy are well positioned to benefit from a healing economy.\n\nVolatility is on the rise, putting the pressure on many high growth stocks. As we all get ready to welcome summer days ...</p>\n\n<a href=\"https://investorplace.com/2021/05/7-hot-stocks-to-buy-now-for-a-summer-of-reopenings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TTWO":"Take-Two Interactive Software","ALGN":"艾利科技","SYK":"史赛克","F":"福特汽车","FCX":"麦克莫兰铜金","HLT":"希尔顿酒店","VZ":"威瑞森"},"source_url":"https://investorplace.com/2021/05/7-hot-stocks-to-buy-now-for-a-summer-of-reopenings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185220705","content_text":"These hot stocks to buy are well positioned to benefit from a healing economy.\n\nVolatility is on the rise, putting the pressure on many high growth stocks. As we all get ready to welcome summer days that more closely resemble our pre-pandemic lives, the markets are rotating away from the growth stocks it favored during lockdowns and quarantines, especially tech shares.\nFor instance, the tech-heavyNASDAQ 100index is down more than 4% since the start of May. As a result, many retail investors are wondering which sectors and stocks might be do well in the remaining days of the quarter.\nThe ongoing Covid-19 pandemic remains the most crucial market factor. Last year, that meant buying businesses that benefited from trends resulting from the pandemic and the lockdown (such as digitalization, health care, renewable energy or work-from-home). However, many of this year’s leading stocks are those most likely to benefit from a recovering economy and a ‘return to normalcy.’\nWith that information, here are seven hot stocks to buy:\n\nAlign Technology(NASDAQ:ALGN)\nFord Motor(NYSE:F)\nFreeport-McMoRan(NYSE:FCX)\nHilton Worldwide(NYSE:HLT)\nStryker(NYSE:SYK)\nTake-Two Interactive(NASDAQ:TTWO)\nVerizon Communications(NYSE:VZ)\n\nOver the past 12 months, investors were able to find quality names at good value. Now, valuation levels are quite stretched. Yet, there are still plenty of robust investment opportunities out there, especially for long-term investors.\nHot stocks to buy: Align Technology(ALGN)Source: rafapress / Shutterstock.com\n52-week range:$195.56– $647.20\nDental device groupAlign Technology is primarily known for its Invisalign system, an alternative to traditional braces to correct malocclusions, or misalignment of the teeth. You might know of this product as invisible dental braces. The company also manufactures scanners and offers computer-aided design (CAD) services to support the customization of these liners.\nAlign Technologyreported record-setting first quarter resultson April 28. Total revenue was $894.8 million, up 62.4% year-over-year (YoY). On a non-GAAP basis, first quarter net income was $198.4 million, or $2.49 per diluted share. This represented a 242% increase from $57.9 million, or 73 cents per diluted share, recorded in the prior year quarter.Cash and equivalents stood at $1.1 billion.\nCEO Joe Hogan said:\n\n “It’s remarkable to think about the pace of growth and adoption that we are experiencing worldwide, especially when considering it took 10 years to achieve our one millionth Invisalign patient milestone. Now we are adding one million new Invisalign patients in less than six months.”\n\nThe pandemic has meant many individuals had to postpone non-essential dental procedures. As our economy opens up further, more people are likely to start elective dental procedures, such as tooth straightening treatments. Meanwhile, the number of orthodontists and general practitioner dentists using theInvisalign system stateside is on the rise. Therefore, the company is likely to keep growing for many quarters to come. Its market capitalization (cap) stands at $43 billion.\nYear-to-date (YTD), the shares are up 3% and hit a record high in late April. ALGN stock’s forward price-to-earnings (P/E) and price-to-sales (P/S) ratios are 65.36 and 16.88.\nShort-term profit-taking could put pressure on the shares. A potential decline toward $520 would improve the margin of safety.\nFord Motor(F)Source: Vitaliy Karimov / Shutterstock.com\n52-week range: $4.52 – $13.62\nLegacy automaker Ford Motorreported first quarter resultsin late April. Revenue increased 6% to $36.2 billion. GAAP net income was $3.3 billion, compared to net loss of $2 billion in the prior year quarter.Adjusted earnings per share came at 89 cents.\nCEO Jim Farley regards the Mustang Mach-E GT as Ford’s first serious push into theelectric vehicle(EV) space. Going forward, CFO John Lawler highlighted that semiconductor shortage, exacerbated by a recent fire at a supplier plant in Japan, would likely get worse before bottoming out in Q2. The auto industry, as well as many other sectors, are under pressure due to the chip shortage worldwide.\nYTD, Ford shares are up over 32%. Forward P/E and P/S ratios stand at 11.76 and 0.37, respectively. Since the earnings report, F stock has come under pressure. Any further decline toward $10 would improve the risk/return profile.\nIn addition to its legacy business, the new decade will likely see Ford gain gain market share in the growing EV industry. Buy-and-hold investor should put the shares on their radar.\nFreeport-McMoRan(FCX)Source: MICHAEL A JACKSON FILMS / Shutterstock.com\n52-week range:$7.80 – $44.50\nNext in line is one of the largest copper miners worldwide, the Phoenix,Arizona-based Freeport-McMoRan. Itssegments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.\nRegularInvestorPlace.comreaders know well how copper has been under the spotlight in recent months. It is a critical commodity, seeing high demand as the economy opens up further. In addition, copper is used in infrastructure projects, such as construction, transportation and electrical networks. This major industrial metal is also used heavily in the transition to renewable energy. And EVs use up to four times more copper than traditional cars.\nFreeport-McMoRanreported first-quarter resultsin late April. Consolidated sales came in at $4.85 billion, a73.3% YoY increase from$2.80 billion in the prior year period. Adjusted net income totaled $756 million, or 51 cents per diluted share. As of March 31, the company had $4.58 billion in cash and equivalents.\nCEO Richard C. Adkerson said:\n\n “We are well positioned for long-term success as a leading producer of copper required for a growing global economy and accelerating demand from copper’s critical role in building infrastructure and the transition to clean energy.”\n\nSince the start of the year, FCX stock has returned over 60%. Forward P/E and P/S ratios are16.98and 3.97, respectively. Copper bulls could look to buy the dips in the shares.\nHilton Worldwide(HLT)Source: josefkubes / Shutterstock.com\n52-week range:$62.47– $132.69\nHilton Worldwide is one of the leading names in theleisure and hotel space, operating more than a million rooms across 18 brands. Needless to say, for over a year, hotel room bookings have taken a beating.\nHampton and Hilton are currently the group’s two largest brands by total room count at 28% and 21%, respectively. For hotels, revenue per available room is the key measure of top-line performance.\nHiltonreported first quarter resultson May 5.Total revenue fell more than 54% to $874 million. Revenue per available room declined about 38% from a year earlier. Net loss was $109 million.\nCEO Christopher J. Nassetta remarked, “While rising COVID-19 cases and tightened travel restrictions, particularly across Europe and our Asia Pacific region, weighed on demand in January and February, we saw meaningful improvement in March and April. We expect this positive momentum to continue as vaccines are more widely distributed and our customers feel safe traveling again.”\nSo far in 2021, HLT stock is up 9%. Forward P/E and P/S ratios are47.85and10.54respectively. Many investors see the shares as a bet on the post-pandemic recovery. Buy-and-hold investors should regard a decline toward the $110 level as an opportune point of entry into the shares.\nStryker (SYK)Source: Shutterstock\n52-week range: $171.75-268.04\nKalamazoo, Michigan-based Stryker manufactures medical equipment, consumable supplies and implantable devices. Its product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices. As for many companies, the pandemic meant a disruption of business.\nStryker releasedQ1 2021 figuresin recent weeks. The company’s top line increased 10.2% YoY to $4 billion. Adjusted diluted EPS was $1.93, a 4.9% YoY increase. Quarter-end cash and equivalents stood at $2.2 billion.\nManagement cited, “As we recover from the pandemic, we continue to expect 2021 organic net sales growth to be in the range of 8% to 10% from 2019, as this is a more normal baseline given the variability throughout 2020, and now expect adjusted net earnings per diluted share to be in the range of $9.05 to $9.30.”\nYTD, Stryker stock has returned about 4% and hit a record high in late April. The current price supports a dividend yield of 0.99%. As life gets back to normal in the coming months, the company should see higher procedure volumes, translating into stronger revenue.\nFurthermore, our country is aging. Thus, its products are likely to be used by more individuals. However, the shares are richly valued. Forward P/Eand P/S ratios are 27.78 and 6.59.\nInterested investors would find better value around $240.\nTake-Two Interactive(TTWO)Source: Thomas Pajot / Shutterstock.com\n52-week range:$124.86– $214.91\nGame publisher Take-Two Interactive markets products through its subsidiaries Rockstar Games and 2K. Its iconic titleGrand Theft Auto V (GTA V) is well-known by players worldwide and brings in a large slice of revenues. Other titles includeNBA 2K,Civilization,Borderlands,Bioshock, andXcom. The video gaming industry has been one of the clear winners during the ‘stay-at-home’ days of the pandemic. Management plans to release new names in the coming quarters.\nIn February, Take-Two Interactivereported strong Q3 results. GAAP net revenue was $860.9 million, as compared to $930.1 million in the prior year quarter. GAAP net income increased 11% to $182.2 million, or $1.57 per diluted share, compared to $163.6 million, or $1.43 per diluted share, a year ago. As of Dec. 31, 2020, the company had cash and short-term investments of $2.42 billion.\nCEO Strauss Zelnick said:\n\n “Due to an incredibly strong holiday season, coupled with our ability to provide consistently the highest quality entertainment experiences, especially as many individuals continue to shelter at home, Take-Two delivered operating results that significantly exceeded our expectations.”\n\nYTD, shares are down around 18%. TTWO stock has given up some of its recent gains after hitting an all-time high in early February. Forward P/E and P/S ratios are 28.33 and 5.95, respectively.\nThe recent pullback offers a good opportunity for long-term investors. Bear in mind the company will report Q4 results on May 18. Interested investors may want to analyze those metrics before buying into the share price.\nVerizon Communications (VZ)Source: Ken Wolter / Shutterstock.com\n52-week range:$52.85 – $61.95\nOur final stock is telecom giantVerizon Communications, which serves around 90.2 million postpaid and 4 million prepaid phone customers. Verizon announcedQ1 figures for 2021at the end of April. Revenue rose by 4% YoY to $32.867 billion. Bottom line growth was much more impressive, with 25.4% YoY increase. Net earnings realized was $5.378 billion. Diluted EPS came at $1.27. A year ago, it had been $1.00. During the quarter, cash flow from operations was $9.7 billion.\nCFO Matt Ellis cited:\n\n “We delivered strong operational and financial performance, giving us positive momentum as we end the first quarter. High quality, sustainable wireless service revenue growth, a recovery in wireless equipment revenues, strong Fios momentum and excellent Verizon Media trends led the way.”\n\nIn December, the shares hit a 52-week high of $61.95. Now, the stock is just shy of $60. The current price supports a dividend yield of 4.2%. VZ stock’sforward P/Eand P/S ratios are 11.67 and 0.47, respectively. Interested investors could consider buying the dips.\nOn the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152457006,"gmtCreate":1625336748505,"gmtModify":1631886457381,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>[流泪]&nbsp;","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>[流泪]&nbsp;","text":"$Innerscope Hearing Technologies, Inc.(INND)$[流泪]","images":[{"img":"https://static.tigerbbs.com/52c40c4d10fa4634ffcbd9e3e047cd4e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/152457006","isVote":1,"tweetType":1,"viewCount":1249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":348449815,"gmtCreate":1617956801237,"gmtModify":1631886457983,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>&nbsp;please like!","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>&nbsp;please like!","text":"$Innerscope Hearing Technologies, Inc.(INND)$ please like!","images":[{"img":"https://static.tigerbbs.com/09e43e3fcff49391c9863679181218ff","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348449815","isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":398182632,"gmtCreate":1606838948726,"gmtModify":1703844869411,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>&nbsp;跌了好多。。。","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>&nbsp;跌了好多。。。","text":"$NIO Inc.(NIO)$ 跌了好多。。。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/398182632","isVote":1,"tweetType":1,"viewCount":1512,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"269619521079854","authorId":"269619521079854","name":"养老基金投资","avatar":"https://static.tigerbbs.com/55157042944bf5677dd7e90c5ac0d686","crmLevel":5,"crmLevelSwitch":0,"idStr":"269619521079854","authorIdStr":"269619521079854"},"content":"最近一个月都得跌","text":"最近一个月都得跌","html":"最近一个月都得跌"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":173991346,"gmtCreate":1626594384585,"gmtModify":1631889053180,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;growth stocks were in a bubble in February...","listText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;growth stocks were in a bubble in February...","text":"$CPS Technologies Corp(CPSH)$ growth stocks were in a bubble in February...","images":[{"img":"https://static.tigerbbs.com/d8ee3de6fa343f2f9b495dc20f0dd5f4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/173991346","isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135564551,"gmtCreate":1622170670173,"gmtModify":1631889053203,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;gone","listText":"<a href=\"https://laohu8.com/S/CPSH\">$CPS Technologies Corp(CPSH)$</a>&nbsp;gone","text":"$CPS Technologies Corp(CPSH)$ gone","images":[{"img":"https://static.tigerbbs.com/4ef3aba010569028492e27cb42c9f944","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/135564551","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":330941281,"gmtCreate":1608525251643,"gmtModify":1703735172761,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Which company is leaving the s&amp;p500?&nbsp;","listText":"Which company is leaving the s&amp;p500?&nbsp;","text":"Which company is leaving the s&p500?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/330941281","repostId":"1113738484","repostType":4,"repost":{"id":"1113738484","pubTimestamp":1608521122,"share":"https://www.laohu8.com/m/news/1113738484?lang=&edition=full","pubTime":"2020-12-21 11:25","market":"us","language":"en","title":"Tesla Has Joined the S&P 500. That Could Be a Problem for Your Investments.","url":"https://stock-news.laohu8.com/highlight/detail?id=1113738484","media":"Barrons","summary":"In what is likely—or at least hopefully—the last major market event before the memorable 2020 ends,T","content":"<p>In what is likely—or at least hopefully—the last major market event before the memorable 2020 ends,Teslahas joined theS&amp;P 500as of the market’s close on Friday, Dec. 18. The electric-car maker will be the most valuable company to ever be added to the widely followed index, and it will likely land as the sixth-largest company. This will have a huge impact on the massive amount of assets, both passive and active, tied to the benchmark index.</p>\n<p>To start with, there is $5.4 trillion in index funds that track the S&amp;P 500, including the $620 billionVanguard 500 Indexfund (ticker: VFINX), and the $320 billionSPDR S&amp;P 500exchange-traded fund (SPY). When Tesla is added to the index on Dec. 21, these funds will need to purchase tens of millions of shares of the stock—and sell shares of other companies—to rebalance their holdings and reflect the change.</p>\n<p>As of Friday’s close, Tesla stock (TSLA) had a market capitalization of $659 billion based on shares available to trade, which translates to about a 1.6% weight in the S&amp;P 500. That means index funds will be required to buy an estimated $83 billion of Tesla shares, or 13% of the stock’s total free float, and more than three times its average daily volume in November. Not all of this buying will happen immediately—most index funds are able to begin buying ahead of the index change and continue after, so the entire process could take months.</p>\n<p><b>RELATED MARKET DATA</b></p>\n<p>The actual amount of Tesla that needs to be purchased could be even higher when the rebalance happens after next Friday’s close. Traders have been snatching up Tesla shares ahead of the rebalance, with the expectation of selling them to index funds at a higher price. Tesla stock has surged 70% since the S&amp;P 500 committee announced its addition.</p>\n<p>None of this is necessarily good for the millions of Americans who have significant investments in S&amp;P 500 index funds. The S&amp;P 500 is already more top-heavy than at any other time during the past two decades: Its five largest companies make up about a quarter of the index; the top 10 make up more than 28%.</p>\n<p>Tesla’s addition will make the index even more concentrated, and more volatile. The stock has surged 731% this year, a rate of growth unlikely to continue. Tesla bears have been cautioning about the stock’s out-of-reach valuations. Tesla shares currently trade at 164 times next year’s earnings—and the company has only had five consecutive quarters of profitability. If the bears are even a little bit right, that means index investors will be forced to buy the stock at inflated prices and could be left holding the bag if the bubble bursts.</p>\n<p>If Tesla shares simply drop to where they were at the beginning of 2020—about an 87% collapse—it would pull down the entire S&amp;P 500 by nearly 1.5%, and potentially influence other stocks’ momentum as well.</p>\n<p>The S&amp;P 500 is nearly the last major index to include Tesla. (Tesla is not among the 30 constituents of the Dow Jones Industrial Index, where it would have an even greater impact.) The electric-car maker reached the S&amp;P’s market-cap requirements years ago, but only became eligible in July after reporting its fourth consecutive quarterly profit. Indexes that don’t require companies to be profitable for inclusion, such as the Russell 1000 and Wilshire 5000, have long had Tesla in the mix. The latest event means index investors who want to stay away from Tesla will have one less place to escape.</p>\n<p>Index funds won’t be the only ones affected—another $6.7 trillion in actively managed funds use the S&amp;P 500 as their performance benchmark. “For some of them, owning Tesla has been their secret weapon against the S&amp;P 500. It’s been one way that they can keep up with the index,” says Jeff DeMaso, director of research at Advisor Investments. That advantage has now shrunk.</p>\n<p>On the other hand, Tesla bears that have avoided owning the stock will need to rethink their position on the stock, now that it’s included in their benchmark. If Tesla continues to surge, active funds that are underexposed might appear to be lagging the market—not a good look for an industry already losing billions of dollars of assets to index funds every year. “Previously, they could safely ignore [Tesla]. Now they might need to make a serious decision about whether to align with the index,” says DeMaso.</p>\n<p>Goldman Sachsanalysts surveyed the managers of 189 large-company mutual funds and found that 157 of them—managing some $500 billion in assets—didn’t own any Tesla shares as of Sept. 30. Applying that rate to all the actively managed assets benchmarked to the S&amp;P 500, if just a small group of active managers decided to match up with the index’s Tesla exposure, it would be another pool of massive demand for the stock.</p>\n<p>If Tesla’s rally continues beyond the S&amp;P 500’s rebalance, funds with large exposure to the stock will benefit the most. As of latest reporting, the $5.9 billionBaron Partners(BPTRX) and $568 millionBaron Focused Growth(BFGFX) have nearly half their assets—43% and 40%, respectively—invested in the car maker. Many other funds have large stakes in Tesla: The $105 millioniShares U.S. Consumer Goods(IYK), $77 millionSPDR NYSE Technology(XNTK), $1.2 billionARK Autonomous Technology &amp; Robotics(ARKQ), $712 millionAIG Focused Growth(FOCAX), and $91 millionBaillie Gifford US Equity Growth(BGGKX) also have between 10% to 15% weight in the stock.</p>\n<p>So beware: Stocks, like high-performance cars, can always turn sharply.</p>","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>Tesla Has Joined the S&P 500. That Could Be a Problem for Your Investments.</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\">\nTesla Has Joined the S&P 500. That Could Be a Problem for Your Investments.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-12-21 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-is-joining-the-s-p-500-why-this-could-be-a-problem-for-many-investors-51607640088?mod=hp_DAY_Theme_1_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In what is likely—or at least hopefully—the last major market event before the memorable 2020 ends,Teslahas joined theS&P 500as of the market’s close on Friday, Dec. 18. The electric-car maker will be...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-is-joining-the-s-p-500-why-this-could-be-a-problem-for-many-investors-51607640088?mod=hp_DAY_Theme_1_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-is-joining-the-s-p-500-why-this-could-be-a-problem-for-many-investors-51607640088?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113738484","content_text":"In what is likely—or at least hopefully—the last major market event before the memorable 2020 ends,Teslahas joined theS&P 500as of the market’s close on Friday, Dec. 18. The electric-car maker will be the most valuable company to ever be added to the widely followed index, and it will likely land as the sixth-largest company. This will have a huge impact on the massive amount of assets, both passive and active, tied to the benchmark index.\nTo start with, there is $5.4 trillion in index funds that track the S&P 500, including the $620 billionVanguard 500 Indexfund (ticker: VFINX), and the $320 billionSPDR S&P 500exchange-traded fund (SPY). When Tesla is added to the index on Dec. 21, these funds will need to purchase tens of millions of shares of the stock—and sell shares of other companies—to rebalance their holdings and reflect the change.\nAs of Friday’s close, Tesla stock (TSLA) had a market capitalization of $659 billion based on shares available to trade, which translates to about a 1.6% weight in the S&P 500. That means index funds will be required to buy an estimated $83 billion of Tesla shares, or 13% of the stock’s total free float, and more than three times its average daily volume in November. Not all of this buying will happen immediately—most index funds are able to begin buying ahead of the index change and continue after, so the entire process could take months.\nRELATED MARKET DATA\nThe actual amount of Tesla that needs to be purchased could be even higher when the rebalance happens after next Friday’s close. Traders have been snatching up Tesla shares ahead of the rebalance, with the expectation of selling them to index funds at a higher price. Tesla stock has surged 70% since the S&P 500 committee announced its addition.\nNone of this is necessarily good for the millions of Americans who have significant investments in S&P 500 index funds. The S&P 500 is already more top-heavy than at any other time during the past two decades: Its five largest companies make up about a quarter of the index; the top 10 make up more than 28%.\nTesla’s addition will make the index even more concentrated, and more volatile. The stock has surged 731% this year, a rate of growth unlikely to continue. Tesla bears have been cautioning about the stock’s out-of-reach valuations. Tesla shares currently trade at 164 times next year’s earnings—and the company has only had five consecutive quarters of profitability. If the bears are even a little bit right, that means index investors will be forced to buy the stock at inflated prices and could be left holding the bag if the bubble bursts.\nIf Tesla shares simply drop to where they were at the beginning of 2020—about an 87% collapse—it would pull down the entire S&P 500 by nearly 1.5%, and potentially influence other stocks’ momentum as well.\nThe S&P 500 is nearly the last major index to include Tesla. (Tesla is not among the 30 constituents of the Dow Jones Industrial Index, where it would have an even greater impact.) The electric-car maker reached the S&P’s market-cap requirements years ago, but only became eligible in July after reporting its fourth consecutive quarterly profit. Indexes that don’t require companies to be profitable for inclusion, such as the Russell 1000 and Wilshire 5000, have long had Tesla in the mix. The latest event means index investors who want to stay away from Tesla will have one less place to escape.\nIndex funds won’t be the only ones affected—another $6.7 trillion in actively managed funds use the S&P 500 as their performance benchmark. “For some of them, owning Tesla has been their secret weapon against the S&P 500. It’s been one way that they can keep up with the index,” says Jeff DeMaso, director of research at Advisor Investments. That advantage has now shrunk.\nOn the other hand, Tesla bears that have avoided owning the stock will need to rethink their position on the stock, now that it’s included in their benchmark. If Tesla continues to surge, active funds that are underexposed might appear to be lagging the market—not a good look for an industry already losing billions of dollars of assets to index funds every year. “Previously, they could safely ignore [Tesla]. Now they might need to make a serious decision about whether to align with the index,” says DeMaso.\nGoldman Sachsanalysts surveyed the managers of 189 large-company mutual funds and found that 157 of them—managing some $500 billion in assets—didn’t own any Tesla shares as of Sept. 30. Applying that rate to all the actively managed assets benchmarked to the S&P 500, if just a small group of active managers decided to match up with the index’s Tesla exposure, it would be another pool of massive demand for the stock.\nIf Tesla’s rally continues beyond the S&P 500’s rebalance, funds with large exposure to the stock will benefit the most. As of latest reporting, the $5.9 billionBaron Partners(BPTRX) and $568 millionBaron Focused Growth(BFGFX) have nearly half their assets—43% and 40%, respectively—invested in the car maker. Many other funds have large stakes in Tesla: The $105 millioniShares U.S. Consumer Goods(IYK), $77 millionSPDR NYSE Technology(XNTK), $1.2 billionARK Autonomous Technology & Robotics(ARKQ), $712 millionAIG Focused Growth(FOCAX), and $91 millionBaillie Gifford US Equity Growth(BGGKX) also have between 10% to 15% weight in the stock.\nSo beware: Stocks, like high-performance cars, can always turn sharply.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3496272380555209","authorId":"3496272380555209","name":"股神不是神","avatar":"https://static.tigerbbs.com/db2524dfea0770b8102dd44b4caca1d5","crmLevel":3,"crmLevelSwitch":0,"idStr":"3496272380555209","authorIdStr":"3496272380555209"},"content":"Apartment Investment and Management$公寓投管(AIV)$","text":"Apartment Investment and Management$公寓投管(AIV)$","html":"Apartment Investment and Management$公寓投管(AIV)$"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":397533513,"gmtCreate":1608291363832,"gmtModify":1703852279219,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TDOC\">$Teladoc(TDOC)$</a>&nbsp;潜能可大了！","listText":"<a href=\"https://laohu8.com/S/TDOC\">$Teladoc(TDOC)$</a>&nbsp;潜能可大了！","text":"$Teladoc(TDOC)$ 潜能可大了！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/397533513","isVote":1,"tweetType":1,"viewCount":1890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":393625873,"gmtCreate":1606302965192,"gmtModify":1703842402488,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/JKS\">$JinkoSolar(JKS)$</a>&nbsp;new&nbsp;CEO good or bad?&nbsp;","listText":"<a href=\"https://laohu8.com/S/JKS\">$JinkoSolar(JKS)$</a>&nbsp;new&nbsp;CEO good or bad?&nbsp;","text":"$JinkoSolar(JKS)$ new CEO good or bad?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/393625873","isVote":1,"tweetType":1,"viewCount":1390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":852860844,"gmtCreate":1635257436331,"gmtModify":1635257480762,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LMT\">$Lockheed Martin(LMT)$</a>&nbsp;huge losses...all in 1 day...","listText":"<a href=\"https://laohu8.com/S/LMT\">$Lockheed Martin(LMT)$</a>&nbsp;huge losses...all in 1 day...","text":"$Lockheed Martin(LMT)$ huge losses...all in 1 day...","images":[{"img":"https://static.tigerbbs.com/f20b3169d5c28e907f6e7440750e57a9","width":"1080","height":"3551"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852860844","isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":810262312,"gmtCreate":1629981638936,"gmtModify":1631886127250,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>&nbsp;good buying opportunity?&nbsp;","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>&nbsp;good buying opportunity?&nbsp;","text":"$Innerscope Hearing Technologies, Inc.(INND)$ good buying opportunity?","images":[{"img":"https://static.tigerbbs.com/146da68e9ba01d562ba35ea658666307","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/810262312","isVote":1,"tweetType":1,"viewCount":842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":142526991,"gmtCreate":1626163283313,"gmtModify":1631893643001,"author":{"id":"3565239129539076","authorId":"3565239129539076","name":"nimrod","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565239129539076","authorIdStr":"3565239129539076"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142526991","repostId":"1101566017","repostType":4,"repost":{"id":"1101566017","pubTimestamp":1626132937,"share":"https://www.laohu8.com/m/news/1101566017?lang=&edition=full","pubTime":"2021-07-13 07:35","market":"us","language":"en","title":"How earnings season is likely to play out in the coming weeks and its impact on the stock market","url":"https://stock-news.laohu8.com/highlight/detail?id=1101566017","media":"cnbc","summary":"The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.Earnings growth in the second quarter is expected to be a stunning 66%, as companies compare their results to the depressed period last year when the pandemic abruptly shut down the economy, according to Refinitiv data.“If you listen to what the CFOs are going to say, you’re going to think the earnings are terrible, but if","content":"<div>\n<p>The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.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>How earnings season is likely to play out in the coming weeks and its impact on the stock market</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\">\nHow earnings season is likely to play out in the coming weeks and its impact on the stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1101566017","content_text":"The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the second quarter is expected to be a stunning 66%, as companies compare their results to the depressed period last year when the pandemic abruptly shut down the economy, according to Refinitiv data.\nNormally a profit leader, the technology sector this quarter, is expected to see just 32% profit growth, according to Refiniv. That compares to shockingly large estimated increases in industrial sector profits of more than 570%, and energy industry profits, up 220%. Earnings for the financial and materials sectors are expected to be up more than 100% each.\nThose huge gains and expected earnings beats should be a positive for some cyclical stocks this quarter. Earnings season kicks off Tuesday with reports fromJPMorgan Chase,Goldman Sachs,andPepsiCo.\nThis earnings season will be the period where the tug of war that’s been a factor in the stock market, between cyclical and growth trades, is due to play out very clearly in the earnings numbers. Inflationary pressures, negative for tech stock performance, are expected to help boost cyclical earnings growth in the rebound, as companies face rising input costs but also up their prices.\n“I think what you’re going to see is a very unusual kind of contradiction between the data and the narrative,” said Jonathan Golub, chief U.S. equity strategist at Credit Suisse. “What companies are going to say is they are facing shortages and rising input costs and other things which are constraints to their success. And then what you’re going to see is massive beats and the biggest portions coming from higher margins. They’re not going to try to reconcile it.”\nGolub expects companies to provide detail on rising costs and supply shortages but not as much information on how much they are raising prices or how broadly.\n“If you listen to what the CFOs are going to say, you’re going to think the earnings are terrible, but if you look at the results, they’re going to be magnificent,” he said.\nBut ultimately, it’s tech and growth that will prove to be the best performers profit-wise over the long haul. “Their own earnings revisions for themselves are still good. They’re not deteriorating. They’re solid. They’re not getting worse. They’re not accelerating in this ridiculous way. They’re on the same solid trajectory they’ve been on,” said Brian Rauscher, Fundstrat head of global portfolio strategy.\nRauscher expects the trend to revert back to tech as the better earnings performer in two quarters from now, when cyclical airline stocks or industrial stocks like Caterpillar will see earnings growth back in the single digits. “Tech will keep growing at 25%,” he said.\nHe says economic growth will have slowed to a more normalized and sustained pace. By then it will be more apparent whether inflation is temporary or not.\n“If they are unable to pass along price increases, it will hit the earnings,” he said.\nGolub points out that tech profits in last year’s second quarter actually increased by 3.3% from 2019, as cyclical earnings plunged 85% in the same period. The 2021 second quarter earnings growth estimate for tech is 34.2%, while some cyclical earnings will rebound by more than 570% just to get back to even with 2019.\n“It says one of these is a near term trade, and one of them is a long term trade,” said Golub. “Once the supply chain issues are gone, [cyclicals] are going to be unimpressive.”\nEven with the push pull of tech and growth versus cyclical trades, strategists say the earning season should be good for the stock market.\n“I think the numbers will be very good, and it’ll be supportive for markets,” said Rauscher. He said some investors may be concerned that a peak period of earnings this quarter will lead to a market decline but he doesn’t expect that to be the case.\n“Obviously, the numbers are going to be outsized because we have that weird comparison from last year. I think the important thing is going to be the return of guidance,” Rauscher said. Both he and Golub say they expect earnings to beat to the upside.\n“I think the analysts have underestimated the improvement in operating leverage,” Rauscher said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}