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Donokane

Donokane

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2021-09-14

Great! Should make their platform more user-friendly to ease all of us

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2021-09-10

Deep dive then lots of great vibes will get us these stocks!!!

3 Effective Strategies for Finding Value in Any Market

2021-09-09

Currency Camouflage!

Funds Go Green, but Sometimes in Name Only

2021-09-09

"Chipping" all the way to the bank

Micron Is Too Cheap To Ignore

2021-08-30

Three freaking hours! Sheez! Over my dead body

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2021-08-30

Bet David lives up to his name - king (CASH)

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2021-08-20

Best absorb with pinch of salt, coz not end of story "wink wink"

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2021-08-16

Get real will ya? It's enormously huge appetite

2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy

2021-08-06

Skillz has its name implies = SKILL

抱歉，原内容已删除

2021-08-05

Quote - Old ginger still "HOT"

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2021-08-04

Giddy-up baby!

Grab breaks company record with strong Q1 results

2021-08-03

Jeff unintentionally puncture market ozone, whoops 🤭!

Jeff Bezos is no longer the richest person on the planet after his net worth drops $13.9 billion in one day

2021-07-29

Really? [思考]

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2021-07-27

Oh! Get a life

Facebook will restrict ad targeting of under-18s

2021-07-24

Me shares power, Me also sucks DATa, Me more powerful

Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.

2021-07-22

Woah! Care for I'ntl space station snacks anyone? Yum yum

Here's Why Cassava Sciences Is Surging Today

2021-07-12

Regulatory pressures?

DouYu officially terminates merger agreement with Huya

2021-07-08

Hellooooo, stocks mid-year shopping before Christmas ! All right tttt

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

2021-07-08

Another feather on disruptor cap.

抱歉，原内容已删除

2021-07-07

Yeah! Hot Apple

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Should make their platform more user-friendly to ease all of us","listText":"Great! Should make their platform more user-friendly to ease all of us","text":"Great! Should make their platform more user-friendly to ease all of us","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886258885","repostId":"1121338781","repostType":4,"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883257505,"gmtCreate":1631247753907,"gmtModify":1631891264755,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Deep dive then lots of great vibes will get us these stocks!!!","listText":"Deep dive then lots of great vibes will get us these stocks!!!","text":"Deep dive then lots of great vibes will get us these stocks!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883257505","repostId":"2166345008","repostType":4,"repost":{"id":"2166345008","kind":"highlight","pubTimestamp":1631245597,"share":"https://www.laohu8.com/m/news/2166345008?lang=&edition=full","pubTime":"2021-09-10 11:46","market":"us","language":"en","title":"3 Effective Strategies for Finding Value in Any Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2166345008","media":"Motley Fool","summary":"Whether the market is hot or not, these are some ways you can find good stocks to buy.","content":"<p>Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is that it could be at or near its peak. And if that happens, your return on the investment can be limited -- or negative -- even if the underlying business isn't bad.</p>\n<p>Below, I'll cover three effective strategies I've used to identify stocks that are potentially undervalued. Whether the market is red hot or struggling, they can be effective in either scenario.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f94e1247acad42c21ee75869932e8f10\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>1. Finding large gaps between trailing and forward earnings multiples</h2>\n<p>The price-to-earnings (P/E) ratio is a useful multiple that you can use to compare stocks. The problem is that even <a href=\"https://laohu8.com/S/AONE.U\">one</a> bad quarter can negatively impact this number. Whether it's a big acquisition or the coronavirus pandemic, a company's results can look significantly worse than they otherwise should. One way to find this type of discrepancy is by comparing the trailing P/E, which looks at a company's earnings over the past 12 months vs. its <i>forward&nbsp;</i>P/E, which factors in the earnings that analysts expect from the business over the next year.</p>\n<p>A stock that trades at a high trailing P/E but a low forward P/E is one that could be undervalued. With soft earnings numbers, its trailing P/E won't look so great. One stock that you can find using this approach is&nbsp;healthcare company&nbsp;<b>Merck</b> (NYSE:MRK). The stock's trailing P/E is over 35 but its forward P/E is less than 15. The drugmaker's revenue of $48 billion in 2020 was up just 2.4% from the previous year and net income of $7.1 billion declined by 28%.</p>\n<p>Management says that without the negative impacts of the pandemic (people have been forgoing regular care amid COVID-19 and even cancer diagnoses declined significantly last year), the growth rate for the top line would have been closer to 9%. Now, with vaccination rates increasing, there's hope that COVID-19 will be less of a disruptor in the future for the healthcare industry. And that's why Merck could be an intriguing option right now and a strong recovery play. In addition, with the recent spinoff of <b>Organon</b>, which focuses on women's health, Merck expects to benefit from operating efficiencies of $500 million this year and $1.5 billion in total over the next three years.</p>\n<p>Merck is an example of a company that may look overvalued right now but could be a much better buy over the next 12 months.</p>\n<h2>2. Using the Relative Strength Index to find oversold stocks</h2>\n<p>One technical indicator I use to find value is the Relative Strength Index (RSI). It looks at a stock's price movement (typically over the past 14 days) and compares its losses and gains over that time. As the losses significantly outweigh the gains, the number gets smaller. On a 0-100 scale, once it falls below 30, a stock is considered to be oversold. It is a momentum indicator that can be useful because it can identify a situation where investors have been overly bearish on a stock of late. It doesn't mean that every stock will turn around, but for pre-vetted companies on your watch list that fall into oversold territory, it can be a sign that now might be a good time to buy.</p>\n<p>Using this criteria, you can find a solid growth stock like beverage giant <b>The Boston Beer Company&nbsp;</b>(NYSE:SAM), which has fallen sharply since the release of second-quarter results in July when its numbers fell short of analyst expectations. The growth in its hard seltzer segment simply wasn't as strong as it was in the past, and investors may have been overreacting to what still is a promising investment. A number of analysts see the stock rising over 70% within the next two years.</p>\n<p>RSI isn't a surefire way to find a winning stock; some companies fall in value sharply for valid reasons and their businesses could be in trouble. But if you've already reviewed a company and know it is a quality investment, using RSI can be a way to help zero in on the right time to buy it as oftentimes negative press can weigh a stock down more than it should. For investors who can look past that, it may create an attractive buying opportunity.</p>\n<h2>3. Buying on bad news</h2>\n<p>Investing in a company that has been receiving negative press -- and is down as a result -- is another way you can find some value. It may end up leading to a stock that falls into oversold territory, but it's not always a steep enough decline to get there. Here again, context is important. If the negative press involves the company's core business and its outlook for the future, that could very well be a problem. But if the prospects for the business remain strong, it can be worth buying amid the controversy.</p>\n<p>One example here is <b>Trulieve Cannabis</b>, which is down sharply from its 52-week high. The maker of cannabis products has been struggling of late not because of poor results or even anything the business is doing wrong. Rather, shares have been tanking because the husband of the company's CEO was convicted on multiple charges. Even though there's no reason at this point to suggest Trulieve is in any trouble, the stock has still felt the effects of the negative press. For a cannabis company that is a major player in the growing marijuana industry, now could be a prime time to consider buying shares of the business.</p>\n<p>Bad news can appear concerning over the short term but a distant memory years later. In 2018, when a privacy scandal involving social media company <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> and consulting firm Cambridge Analytica came out, investors could have bought shares of Facebook for around $150 in the days and weeks following the news. Today, the stock trades at more than double that price.</p>\n<p>The next time you see a negative headline on the news involving a business, consider whether it will impact its long-term growth prospects and ability to generate a profit. If it doesn't and the stock is down heavily because of the press, that could be a sign that it may be worth taking a contrarian stance on it and buying shares even as it falls in value. It may be a tough decision, but it's one that can pay off later.</p>","source":"fool_stock","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>3 Effective Strategies for Finding Value in Any 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\">\n3 Effective Strategies for Finding Value in Any Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 11:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166345008","content_text":"Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is that it could be at or near its peak. And if that happens, your return on the investment can be limited -- or negative -- even if the underlying business isn't bad.\nBelow, I'll cover three effective strategies I've used to identify stocks that are potentially undervalued. Whether the market is red hot or struggling, they can be effective in either scenario.\nImage source: Getty Images.\n1. Finding large gaps between trailing and forward earnings multiples\nThe price-to-earnings (P/E) ratio is a useful multiple that you can use to compare stocks. The problem is that even one bad quarter can negatively impact this number. Whether it's a big acquisition or the coronavirus pandemic, a company's results can look significantly worse than they otherwise should. One way to find this type of discrepancy is by comparing the trailing P/E, which looks at a company's earnings over the past 12 months vs. its forward P/E, which factors in the earnings that analysts expect from the business over the next year.\nA stock that trades at a high trailing P/E but a low forward P/E is one that could be undervalued. With soft earnings numbers, its trailing P/E won't look so great. One stock that you can find using this approach is healthcare company Merck (NYSE:MRK). The stock's trailing P/E is over 35 but its forward P/E is less than 15. The drugmaker's revenue of $48 billion in 2020 was up just 2.4% from the previous year and net income of $7.1 billion declined by 28%.\nManagement says that without the negative impacts of the pandemic (people have been forgoing regular care amid COVID-19 and even cancer diagnoses declined significantly last year), the growth rate for the top line would have been closer to 9%. Now, with vaccination rates increasing, there's hope that COVID-19 will be less of a disruptor in the future for the healthcare industry. And that's why Merck could be an intriguing option right now and a strong recovery play. In addition, with the recent spinoff of Organon, which focuses on women's health, Merck expects to benefit from operating efficiencies of $500 million this year and $1.5 billion in total over the next three years.\nMerck is an example of a company that may look overvalued right now but could be a much better buy over the next 12 months.\n2. Using the Relative Strength Index to find oversold stocks\nOne technical indicator I use to find value is the Relative Strength Index (RSI). It looks at a stock's price movement (typically over the past 14 days) and compares its losses and gains over that time. As the losses significantly outweigh the gains, the number gets smaller. On a 0-100 scale, once it falls below 30, a stock is considered to be oversold. It is a momentum indicator that can be useful because it can identify a situation where investors have been overly bearish on a stock of late. It doesn't mean that every stock will turn around, but for pre-vetted companies on your watch list that fall into oversold territory, it can be a sign that now might be a good time to buy.\nUsing this criteria, you can find a solid growth stock like beverage giant The Boston Beer Company (NYSE:SAM), which has fallen sharply since the release of second-quarter results in July when its numbers fell short of analyst expectations. The growth in its hard seltzer segment simply wasn't as strong as it was in the past, and investors may have been overreacting to what still is a promising investment. A number of analysts see the stock rising over 70% within the next two years.\nRSI isn't a surefire way to find a winning stock; some companies fall in value sharply for valid reasons and their businesses could be in trouble. But if you've already reviewed a company and know it is a quality investment, using RSI can be a way to help zero in on the right time to buy it as oftentimes negative press can weigh a stock down more than it should. For investors who can look past that, it may create an attractive buying opportunity.\n3. Buying on bad news\nInvesting in a company that has been receiving negative press -- and is down as a result -- is another way you can find some value. It may end up leading to a stock that falls into oversold territory, but it's not always a steep enough decline to get there. Here again, context is important. If the negative press involves the company's core business and its outlook for the future, that could very well be a problem. But if the prospects for the business remain strong, it can be worth buying amid the controversy.\nOne example here is Trulieve Cannabis, which is down sharply from its 52-week high. The maker of cannabis products has been struggling of late not because of poor results or even anything the business is doing wrong. Rather, shares have been tanking because the husband of the company's CEO was convicted on multiple charges. Even though there's no reason at this point to suggest Trulieve is in any trouble, the stock has still felt the effects of the negative press. For a cannabis company that is a major player in the growing marijuana industry, now could be a prime time to consider buying shares of the business.\nBad news can appear concerning over the short term but a distant memory years later. In 2018, when a privacy scandal involving social media company Facebook and consulting firm Cambridge Analytica came out, investors could have bought shares of Facebook for around $150 in the days and weeks following the news. Today, the stock trades at more than double that price.\nThe next time you see a negative headline on the news involving a business, consider whether it will impact its long-term growth prospects and ability to generate a profit. If it doesn't and the stock is down heavily because of the press, that could be a sign that it may be worth taking a contrarian stance on it and buying shares even as it falls in value. It may be a tough decision, but it's one that can pay off later.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883028935,"gmtCreate":1631191238627,"gmtModify":1631891264758,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Currency Camouflage!","listText":"Currency Camouflage!","text":"Currency Camouflage!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883028935","repostId":"1117582991","repostType":4,"repost":{"id":"1117582991","kind":"news","pubTimestamp":1631190269,"share":"https://www.laohu8.com/m/news/1117582991?lang=&edition=full","pubTime":"2021-09-09 20:24","market":"us","language":"en","title":"Funds Go Green, but Sometimes in Name Only","url":"https://stock-news.laohu8.com/highlight/detail?id=1117582991","media":"The Wall Street Journal","summary":"Companies are turning their struggling funds green to capture the flood of cash into sustainable inv","content":"<blockquote>\n <b>Companies are turning their struggling funds green to capture the flood of cash into sustainable investments.</b>\n</blockquote>\n<p>Fund companies are rebranding their out-of-fashion investment offerings as green, hoping to grab a portion of the cash pouring into sustainable products. In some cases, the rebranding has been in name only.</p>\n<p>Last year, companies that manage mutual funds and exchange-traded funds rebranded a record 25 funds as sustainable, according to Morningstar. They say these funds have adopted investment strategies that utilize data on companies’ environmental, social and governance performance to pick stocks. Since 2013, fund companies have rebranded 64 funds, which had $35 billion in assets as of June.</p>\n<p>The American Century Fundamental Equity Fund is now theSustainable Equity Fund, the USAA World Growth Fund is theUSAA Sustainable World Fundand the Putnam Multi-Cap Growth Fund is now thePutnam Sustainable Leaders Fund. Assets for all three are up since the rebrandings.</p>\n<p>Many of these funds are actively managed and were experiencing chronic outflows prior to rebranding, said Morningstar Head of Sustainability Research Jon Hale. “You have big fund companies with an inventory of funds, a lot of which aren’t really attracting assets anymore, saying ‘OK, here’s this new investment trend happening; what do we do?’” Mr. Hale said.</p>\n<p><img src=\"https://static.tigerbbs.com/0deca5624c07ced40f8886918a46f2ff\" tg-width=\"763\" tg-height=\"517\" width=\"100%\" height=\"auto\">The shift is akin to a car company freshening up a tired model. Actively managed funds, which are run by stock pickers, have been losing investor cash for years. Similar funds with a sustainable label have been raking in money, according to Morningstar.</p>\n<p>Of the 64 rebranded funds, 35 were suffering from investor withdrawals in the three years before they went green, according to a Wall Street Journal analysis of Morningstar data. At 13 of the funds, investors began putting in cash again. At 45, new cash plus the rising stock market have boosted overall assets.</p>\n<p><img src=\"https://static.tigerbbs.com/b07f0afeb7e76ae9503bbb0f58f57345\" tg-width=\"747\" tg-height=\"525\" width=\"100%\" height=\"auto\">The $1.5 billion USAA Sustainable World Fund holds nearly $100 million in shares of 47 fossil-fuel companies, according to data from shareholder advocacy group As You Sow, the most of any repurposed fund. Last year, Victory Capital Management Inc. changed the fund’s name from USAA World Growth Fund.</p>\n<p>A disclosure was added to the fund’s prospectus noting ESG ratings are considered but fund managers may disagree with a raters’ conclusion. The Sustainable World Fund continued to hold shares of companies such as mining firmRio TintoPLC and purchased shares in oil-and-gas companies after rebranding.</p>\n<p>“We believe incorporating ESG considerations into a portfolio should be an input under a larger mosaic of considerations any manager evaluates to achieve a well-balanced, diversified portfolio,” said Mannik S. Dhillon, president of VictoryShares &amp; Solutions, an investment adviser for USAA.</p>\n<p><img src=\"https://static.tigerbbs.com/b0dbd18a17b1632df436a855a968ed74\" tg-width=\"750\" tg-height=\"536\" width=\"100%\" height=\"auto\">Investors had been pulling cash out of American Century Investment’s Fundamental Equity Fund for years before its 2016 rebranding. Three years later and under a new name, the Sustainable Equity Fund brought in a net $1.7 billion.</p>\n<p>“To us, that was an affirmation that we made the right changes,” said American Century Vice President Joe Reiland. “The performance was getting better, the investment community was more interested in investing sustainably and it made us more marketable to clients.”</p>\n<p>The fund beat the S&amp;P 500 over the past five years and boasts its portfolio companies emit 67% fewer greenhouse gases than the index, according to the fund’s sustainability report. The fund dumped shares of 12 firms during the transition includingExxon MobilCorp.while adding electric-vehicle makerTeslaInc.</p>\n<p>It keptConocoPhillips,even though it is a big greenhouse-gas emitter, because it was shifting more toward sustainability, Mr. Reiland said. “After analyzing the two, ConocoPhillips was demonstrating the ability to become an ESG leader over Exxon,” Mr. Reiland said.</p>\n<p>Other companies frequently dumped by rebranded funds were oil-and-gas producerDevon EnergyCorp., tobacco firmPhilip Morris InternationalInc.and aerospace companiesGeneral DynamicsCorp.andBoeingCo., according to a Journal analysis of constituents of 43 funds with historical data.</p>\n<p>Rebranded funds typically bought tech companies such as chip makerTexas InstrumentsInc.and software makerCadence Design SystemsInc.One reason sustainable funds have done well is because technology companies have trounced energy stocks in the past few years. Nearly 70% of 286 sustainable funds ranked in the top half of their performance category last year, according to Morningstar.</p>\n<p><img src=\"https://static.tigerbbs.com/d72cd6458ddd8969b6e5d5eaa8001530\" tg-width=\"743\" tg-height=\"524\" width=\"100%\" height=\"auto\">Assets in Putnam Investments’ Putnam Multi-Cap Growth and Multi-Cap Value funds were hovering near their lowest point since the early 2000s when the company rebranded both funds.</p>\n<p>Assets of the rechristened Putnam Sustainable Leaders Fund rose by 66% to $6.5 billion as of this June. ThePutnam Sustainable Future Fundgrew its assets by 93% to $649 million, according to the Journal’s analysis. Both funds have outperformed their benchmarks and the S&amp;P 500 in the past three years after periods of mixed performance prior to rebranding.</p>\n<p>The Sustainable Future Fund underwent the most dramatic change, shifting 75% of its portfolio to focus on sustainable firms, according to Putnam’s head of sustainable investing, Katherine Collins. “There are a wide range of approaches that folks are taking in developing sustainable funds, and for Putnam it was pretty far into the heavy-lift side of things.”</p>\n<p>Stocks in energy firms like ConocoPhillips were dropped, and renewable-resource firms were added such as solar-panel makerSunrunInc.,which was a top contributor to the fund’s 2020 performance.</p>\n<p>“We’re happy not just with the numbers but with how those numbers have been generated,” Ms. Collins said.</p>","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>Funds Go Green, but Sometimes in Name Only</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFunds Go Green, but Sometimes in Name Only\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 20:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/funds-go-green-but-sometimes-in-name-only-11631179801?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Companies are turning their struggling funds green to capture the flood of cash into sustainable investments.\n\nFund companies are rebranding their out-of-fashion investment offerings as green, hoping ...</p>\n\n<a href=\"https://www.wsj.com/articles/funds-go-green-but-sometimes-in-name-only-11631179801?mod=markets_lead_pos5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/funds-go-green-but-sometimes-in-name-only-11631179801?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117582991","content_text":"Companies are turning their struggling funds green to capture the flood of cash into sustainable investments.\n\nFund companies are rebranding their out-of-fashion investment offerings as green, hoping to grab a portion of the cash pouring into sustainable products. In some cases, the rebranding has been in name only.\nLast year, companies that manage mutual funds and exchange-traded funds rebranded a record 25 funds as sustainable, according to Morningstar. They say these funds have adopted investment strategies that utilize data on companies’ environmental, social and governance performance to pick stocks. Since 2013, fund companies have rebranded 64 funds, which had $35 billion in assets as of June.\nThe American Century Fundamental Equity Fund is now theSustainable Equity Fund, the USAA World Growth Fund is theUSAA Sustainable World Fundand the Putnam Multi-Cap Growth Fund is now thePutnam Sustainable Leaders Fund. Assets for all three are up since the rebrandings.\nMany of these funds are actively managed and were experiencing chronic outflows prior to rebranding, said Morningstar Head of Sustainability Research Jon Hale. “You have big fund companies with an inventory of funds, a lot of which aren’t really attracting assets anymore, saying ‘OK, here’s this new investment trend happening; what do we do?’” Mr. Hale said.\nThe shift is akin to a car company freshening up a tired model. Actively managed funds, which are run by stock pickers, have been losing investor cash for years. Similar funds with a sustainable label have been raking in money, according to Morningstar.\nOf the 64 rebranded funds, 35 were suffering from investor withdrawals in the three years before they went green, according to a Wall Street Journal analysis of Morningstar data. At 13 of the funds, investors began putting in cash again. At 45, new cash plus the rising stock market have boosted overall assets.\nThe $1.5 billion USAA Sustainable World Fund holds nearly $100 million in shares of 47 fossil-fuel companies, according to data from shareholder advocacy group As You Sow, the most of any repurposed fund. Last year, Victory Capital Management Inc. changed the fund’s name from USAA World Growth Fund.\nA disclosure was added to the fund’s prospectus noting ESG ratings are considered but fund managers may disagree with a raters’ conclusion. The Sustainable World Fund continued to hold shares of companies such as mining firmRio TintoPLC and purchased shares in oil-and-gas companies after rebranding.\n“We believe incorporating ESG considerations into a portfolio should be an input under a larger mosaic of considerations any manager evaluates to achieve a well-balanced, diversified portfolio,” said Mannik S. Dhillon, president of VictoryShares & Solutions, an investment adviser for USAA.\nInvestors had been pulling cash out of American Century Investment’s Fundamental Equity Fund for years before its 2016 rebranding. Three years later and under a new name, the Sustainable Equity Fund brought in a net $1.7 billion.\n“To us, that was an affirmation that we made the right changes,” said American Century Vice President Joe Reiland. “The performance was getting better, the investment community was more interested in investing sustainably and it made us more marketable to clients.”\nThe fund beat the S&P 500 over the past five years and boasts its portfolio companies emit 67% fewer greenhouse gases than the index, according to the fund’s sustainability report. The fund dumped shares of 12 firms during the transition includingExxon MobilCorp.while adding electric-vehicle makerTeslaInc.\nIt keptConocoPhillips,even though it is a big greenhouse-gas emitter, because it was shifting more toward sustainability, Mr. Reiland said. “After analyzing the two, ConocoPhillips was demonstrating the ability to become an ESG leader over Exxon,” Mr. Reiland said.\nOther companies frequently dumped by rebranded funds were oil-and-gas producerDevon EnergyCorp., tobacco firmPhilip Morris InternationalInc.and aerospace companiesGeneral DynamicsCorp.andBoeingCo., according to a Journal analysis of constituents of 43 funds with historical data.\nRebranded funds typically bought tech companies such as chip makerTexas InstrumentsInc.and software makerCadence Design SystemsInc.One reason sustainable funds have done well is because technology companies have trounced energy stocks in the past few years. Nearly 70% of 286 sustainable funds ranked in the top half of their performance category last year, according to Morningstar.\nAssets in Putnam Investments’ Putnam Multi-Cap Growth and Multi-Cap Value funds were hovering near their lowest point since the early 2000s when the company rebranded both funds.\nAssets of the rechristened Putnam Sustainable Leaders Fund rose by 66% to $6.5 billion as of this June. ThePutnam Sustainable Future Fundgrew its assets by 93% to $649 million, according to the Journal’s analysis. Both funds have outperformed their benchmarks and the S&P 500 in the past three years after periods of mixed performance prior to rebranding.\nThe Sustainable Future Fund underwent the most dramatic change, shifting 75% of its portfolio to focus on sustainable firms, according to Putnam’s head of sustainable investing, Katherine Collins. “There are a wide range of approaches that folks are taking in developing sustainable funds, and for Putnam it was pretty far into the heavy-lift side of things.”\nStocks in energy firms like ConocoPhillips were dropped, and renewable-resource firms were added such as solar-panel makerSunrunInc.,which was a top contributor to the fund’s 2020 performance.\n“We’re happy not just with the numbers but with how those numbers have been generated,” Ms. Collins said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889580645,"gmtCreate":1631158025588,"gmtModify":1631891264761,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"\"Chipping\" all the way to the bank","listText":"\"Chipping\" all the way to the bank","text":"\"Chipping\" all the way to the bank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889580645","repostId":"1135345797","repostType":4,"repost":{"id":"1135345797","kind":"news","pubTimestamp":1631156729,"share":"https://www.laohu8.com/m/news/1135345797?lang=&edition=full","pubTime":"2021-09-09 11:05","market":"us","language":"en","title":"Micron Is Too Cheap To Ignore","url":"https://stock-news.laohu8.com/highlight/detail?id=1135345797","media":"Seeking Alpha","summary":"I invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.Micron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.Micron Technology is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.Micron is one of the l","content":"<p><b>Summary</b></p>\n<ul>\n <li>I invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.</li>\n <li>Micron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.</li>\n <li>Its valuation at less than 7x forward earnings is very undemanding and makes it a good cyclical play in the semiconductor industry.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea6943b055b8a3f717a6e1f6c038c065\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Micron Technology</b>(MU) is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.</p>\n<p><b>Company Overview</b></p>\n<p>Micron&nbsp;is one of the largest semiconductor companies in the world, measured by its more than $21 billion in revenues generated last year. The company is focused on the memory and storage products segment, through its DRAM, NAND and NOR technologies. By technology, DRAM is by far the most important one, being responsible for more than two thirds of Micron's revenues.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7be545bd7d6fd523fcb30ebd5c8171d1\" tg-width=\"1007\" tg-height=\"230\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>Micron was founded in 1978 and is nowadays present in some 17 countries around the world and has 13 manufacturing sites and 14 customer labs in the U.S., China&nbsp;Mainland, Taiwan and other areas. It is traded on the NASDAQ and has a market value of about $83 billion.</p>\n<p>The semiconductor industry faces fierce competition and this means that for Micron to remain competitive it must invest continuously in new products and technologies to differentiate itself from other players. Its closest competitors are&nbsp;<b>Samsung Electronics</b>(OTC:SSNLF) and SK Hynix, two companies based in South Korea, thus manufacturing costs is also an important factor for Micron to be competitive in the marketplace. According to Statista, Samsung is the largest player in this market segment, followed by SK and Micron, while other players have much smaller market shares.</p>\n<p>Even though the semiconductor industry is generally considered to be a cyclical industry, its prospects are quite good due to new technologies that are expected to boost demand over the next few years.</p>\n<p><b>Growth</b></p>\n<p>As I've analyzed in a previous article on \"ASML: A Fantastic Company For Long-Term Investors\", the semiconductor industry has very good long-term growth prospects due to several sources of innovation that should support growth for many years down the road.</p>\n<p>Modern technology is constantly changing and new developments are constantly pushing for new applications of microchips, including memory and storage. The volume of data is expected to grow strongly over the coming years, through technological advances like 5G, Big Data, autonomous vehicles, the internet of things, beyond others. This backdrop is very positive for Micron's growth, being specifically exposed to secular growth trends of AI, 5G, machine learning and autonomous vehicles.</p>\n<p>This means that Micron is directly exposed to several growth sources over the coming years and its total addressable market is expected to increase substantially over the next decade. This secular growth trend was even accelerated by the coronavirus pandemic, with demand for gaming, laptops and other products increasing rapidly, being a strong cyclical support for Micron's growth beyond its secular growth tailwinds.</p>\n<p>According to&nbsp;MarketWatch, the semiconductor memory market is expected to be around $134 in annual sales by 2027, a compounded annual growth rate of 5.9% from 2021-27. Even though this is a positive backdrop, the overall semiconductor industry is projected to grow at a CAGR of 8.6% during 2021-28, thus the memory market may not be the best sub-sector to be exposed to secular growth trends supporting this industry over the coming years. However, Micron has a higher estimate of the total available market for memory and storage by 2024, thus growth opportunities for the company may be higher than what the market is currently expecting.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58b60021e186ca242433f7923d10fbb7\" tg-width=\"380\" tg-height=\"315\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>Despite good growth prospects over the coming years, the memory and storage segment is usually considered more cyclical than other segments and costumers are structurally reluctant to enter into long-term, fixed-price commitments. This means that Micron is highly exposed to the supply/demand situation in the market and its pricing power is somewhat low over the medium to long term.</p>\n<p>Beyond that, the company also accepts orders that may be adjusted in terms of pricing by the time of shipment, showing that even in the short-term its pricing power is rather low. This is also why the company does not consider its order backlog to be a good indicator of future sales, which means that forecasting Micron's revenues and earnings in a time frame of 3-5 years is a tough exercise that most likely will be incorrect compared to the actual numbers the company will report in the succeeding periods.</p>\n<p><b>Financial Overview</b></p>\n<p>Regarding its financial performance, Micron has a mixed history showing that its business is clearly cyclical and can report strong swings on an annual basis. Indeed, even though Micron's revenues have increased at a compounded annual growth rate (CAGR) of 17.4% from fiscal years (FY) 2016-20 (which end s in September), its revenues declined by 23% in FY 2019 and 8.4% in FY 2020. Moreover, its net income is also highly volatile, reporting $14 billion in FY 2018 and only $2.7 billion in FY 2020.</p>\n<p>This clearly shows that Micron is highly exposed to the ups and downs of the market, which can change quite dramatically in a short period of time. This can also be seen by Micron's long-term trend of its EBITDA margin, which is highly volatile even though it has consistently improved over the years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459155c1caccc19e677c71474158f979\" tg-width=\"291\" tg-height=\"286\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>More recently, Micron's business has been on a better operating momentum, to some extent driven by the pandemic, with demand for consumer electronics increasing substantially across the globe, which was a strong tailwind for the memory and storage chip market, while other segments reported lower demand, such as automotive.</p>\n<p>This mixed backdrop resulted in lower revenues during the&nbsp;FY 2020, due to a large extent from lower DRAM prices that impacted negatively Micron's revenues and gross margin, Its revenues amounted to $21.4 billion (-8.4% YoY) and its gross margin declined to 31% (vs. 46% in FY 2019). Sales of NAND products increased during the year, boosted by data center customers, but were not enough to offset weakness in the DRAM segment. Regarding costs and R&amp;D, Micron has a good discipline and these costs did not increase significantly compared to the previous year. Micron's bottom-line declined by 57% YoY to $2.7 billion, and its EPS was $2.37 (vs. $5.51 per share in FY 2019).</p>\n<p>During the first nine months of FY 2021, Micron has reported a very strong operating momentum which has enabled it to offset the loss of Huawei as a costumer due to U.S. sanctions (it represented about 12% of Micron's revenues in FY 2019).</p>\n<p>In the&nbsp;third quarter of FY 2021, its revenues were 7.4 billion (+36% YoY) boosted by DRAM that reported revenue growth of 52% YoY, due to higher volumes and prices, while NAND's revenues were up by 9% YoY. Its net income more than double from the third quarter of FY 2020, to $2.17 billion, and its net profit margin improved to 29% (vs. 17% in the same quarter of last year). Its free cash flow was $1.5 billion in the quarter, a very good level of cash flow generation compared to accounting profit.</p>\n<p>Going forward, Micron is very positive about the demand outlook in the memory segment, supported by data center costumers and new product developments that should support volume growth in the coming years. On the other hand, there is some negative sentiment in the market about future memory prices, which would be negative for the company's revenue growth in the coming quarters. For instance, a&nbsp;<b>Morgan Stanley</b>(MS) analyst has recently downgraded Micron because he expect s DRAM prices to be in a late stage cycle has the supply-demand situation is becoming more balanced.</p>\n<p>Nevertheless, according to&nbsp;analysts' estimates, Micron should report higher revenues in FY 2022 and FY 2023 (to $36.7 billion and $40 billion, respectively) and the business is only expected to slow down thereafter. Its bottom-line is estimated to go up by 86% YoY in FY 2022, but to drop in the following years, which show to some extent that Micron's current strong growth may not be sustainable over the medium term.</p>\n<p>Regarding its balance sheet, Micron has a good situation, given that its net cash position was around $3.1 billion at the end of last quarter, thus its financial profile is strong and it can return excess capital to shareholders.</p>\n<p>Indeed, Micron has performed historically share buybacks, but more recently decided to start distributing a&nbsp;dividend, which shows some confidence about the company's future business prospects and its ability to return capital to shareholders in a recurring basis. Its quarterly dividend was set at only $0.10 per share, which lead to a modest dividend yield, but the goal is to gradually increase the dividend over the next few years.</p>\n<p><b>Bottom Line</b></p>\n<p>Micron is reporting strong growth and medium-term prospects are good due to several growth trends of AI, 5G and others. However, the memory market is highly cyclical and there are some worries that its current strong trend may not last much.</p>\n<p>The semiconductor industry has secular long-term growth prospects, but in my opinion the best way to invest in this theme is through companies that have some sort of competitive advantage and pricing power, such as&nbsp;<b>ASML</b>(ASML) that has a monopoly in the EUV technology. Micron does not fit that criteria and for that reason I was inclined to avoid it.</p>\n<p>However, I find its&nbsp;valuation&nbsp;as ridiculously cheap, given that based on 2022 and 2023 earnings it is currently trading at less than 7x forward earnings. This is extremely undemanding and even if earnings estimates come down somewhat, Micron would still be trading at a much lower valuation than its peers and its own historical average (about 11.5x over the past five years).</p>\n<p>This means that even though Micron is a cyclical play within the semiconductor industry (my investment approach is to buy mainly secular growth companies), its valuation is too much cheap to ignore and upside potential looks good if pricing in the memory market remains strong. I have bought a small stake in Micron (about 3% of my portfolio) and intend to hold it for a while, but if pricing in the memory market starts to show weakness I most likely will sell my stake.</p>","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>Micron Is Too Cheap To Ignore</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\">\nMicron Is Too Cheap To Ignore\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.\nMicron is reporting strong growth in the past few ...</p>\n\n<a href=\"https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135345797","content_text":"Summary\n\nI invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.\nMicron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.\nIts valuation at less than 7x forward earnings is very undemanding and makes it a good cyclical play in the semiconductor industry.\n\nSundry Photography/iStock Editorial via Getty Images\nMicron Technology(MU) is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.\nCompany Overview\nMicron is one of the largest semiconductor companies in the world, measured by its more than $21 billion in revenues generated last year. The company is focused on the memory and storage products segment, through its DRAM, NAND and NOR technologies. By technology, DRAM is by far the most important one, being responsible for more than two thirds of Micron's revenues.\nSource: Micron.\nMicron was founded in 1978 and is nowadays present in some 17 countries around the world and has 13 manufacturing sites and 14 customer labs in the U.S., China Mainland, Taiwan and other areas. It is traded on the NASDAQ and has a market value of about $83 billion.\nThe semiconductor industry faces fierce competition and this means that for Micron to remain competitive it must invest continuously in new products and technologies to differentiate itself from other players. Its closest competitors are Samsung Electronics(OTC:SSNLF) and SK Hynix, two companies based in South Korea, thus manufacturing costs is also an important factor for Micron to be competitive in the marketplace. According to Statista, Samsung is the largest player in this market segment, followed by SK and Micron, while other players have much smaller market shares.\nEven though the semiconductor industry is generally considered to be a cyclical industry, its prospects are quite good due to new technologies that are expected to boost demand over the next few years.\nGrowth\nAs I've analyzed in a previous article on \"ASML: A Fantastic Company For Long-Term Investors\", the semiconductor industry has very good long-term growth prospects due to several sources of innovation that should support growth for many years down the road.\nModern technology is constantly changing and new developments are constantly pushing for new applications of microchips, including memory and storage. The volume of data is expected to grow strongly over the coming years, through technological advances like 5G, Big Data, autonomous vehicles, the internet of things, beyond others. This backdrop is very positive for Micron's growth, being specifically exposed to secular growth trends of AI, 5G, machine learning and autonomous vehicles.\nThis means that Micron is directly exposed to several growth sources over the coming years and its total addressable market is expected to increase substantially over the next decade. This secular growth trend was even accelerated by the coronavirus pandemic, with demand for gaming, laptops and other products increasing rapidly, being a strong cyclical support for Micron's growth beyond its secular growth tailwinds.\nAccording to MarketWatch, the semiconductor memory market is expected to be around $134 in annual sales by 2027, a compounded annual growth rate of 5.9% from 2021-27. Even though this is a positive backdrop, the overall semiconductor industry is projected to grow at a CAGR of 8.6% during 2021-28, thus the memory market may not be the best sub-sector to be exposed to secular growth trends supporting this industry over the coming years. However, Micron has a higher estimate of the total available market for memory and storage by 2024, thus growth opportunities for the company may be higher than what the market is currently expecting.\nSource: Micron.\nDespite good growth prospects over the coming years, the memory and storage segment is usually considered more cyclical than other segments and costumers are structurally reluctant to enter into long-term, fixed-price commitments. This means that Micron is highly exposed to the supply/demand situation in the market and its pricing power is somewhat low over the medium to long term.\nBeyond that, the company also accepts orders that may be adjusted in terms of pricing by the time of shipment, showing that even in the short-term its pricing power is rather low. This is also why the company does not consider its order backlog to be a good indicator of future sales, which means that forecasting Micron's revenues and earnings in a time frame of 3-5 years is a tough exercise that most likely will be incorrect compared to the actual numbers the company will report in the succeeding periods.\nFinancial Overview\nRegarding its financial performance, Micron has a mixed history showing that its business is clearly cyclical and can report strong swings on an annual basis. Indeed, even though Micron's revenues have increased at a compounded annual growth rate (CAGR) of 17.4% from fiscal years (FY) 2016-20 (which end s in September), its revenues declined by 23% in FY 2019 and 8.4% in FY 2020. Moreover, its net income is also highly volatile, reporting $14 billion in FY 2018 and only $2.7 billion in FY 2020.\nThis clearly shows that Micron is highly exposed to the ups and downs of the market, which can change quite dramatically in a short period of time. This can also be seen by Micron's long-term trend of its EBITDA margin, which is highly volatile even though it has consistently improved over the years.\nSource: Micron.\nMore recently, Micron's business has been on a better operating momentum, to some extent driven by the pandemic, with demand for consumer electronics increasing substantially across the globe, which was a strong tailwind for the memory and storage chip market, while other segments reported lower demand, such as automotive.\nThis mixed backdrop resulted in lower revenues during the FY 2020, due to a large extent from lower DRAM prices that impacted negatively Micron's revenues and gross margin, Its revenues amounted to $21.4 billion (-8.4% YoY) and its gross margin declined to 31% (vs. 46% in FY 2019). Sales of NAND products increased during the year, boosted by data center customers, but were not enough to offset weakness in the DRAM segment. Regarding costs and R&D, Micron has a good discipline and these costs did not increase significantly compared to the previous year. Micron's bottom-line declined by 57% YoY to $2.7 billion, and its EPS was $2.37 (vs. $5.51 per share in FY 2019).\nDuring the first nine months of FY 2021, Micron has reported a very strong operating momentum which has enabled it to offset the loss of Huawei as a costumer due to U.S. sanctions (it represented about 12% of Micron's revenues in FY 2019).\nIn the third quarter of FY 2021, its revenues were 7.4 billion (+36% YoY) boosted by DRAM that reported revenue growth of 52% YoY, due to higher volumes and prices, while NAND's revenues were up by 9% YoY. Its net income more than double from the third quarter of FY 2020, to $2.17 billion, and its net profit margin improved to 29% (vs. 17% in the same quarter of last year). Its free cash flow was $1.5 billion in the quarter, a very good level of cash flow generation compared to accounting profit.\nGoing forward, Micron is very positive about the demand outlook in the memory segment, supported by data center costumers and new product developments that should support volume growth in the coming years. On the other hand, there is some negative sentiment in the market about future memory prices, which would be negative for the company's revenue growth in the coming quarters. For instance, a Morgan Stanley(MS) analyst has recently downgraded Micron because he expect s DRAM prices to be in a late stage cycle has the supply-demand situation is becoming more balanced.\nNevertheless, according to analysts' estimates, Micron should report higher revenues in FY 2022 and FY 2023 (to $36.7 billion and $40 billion, respectively) and the business is only expected to slow down thereafter. Its bottom-line is estimated to go up by 86% YoY in FY 2022, but to drop in the following years, which show to some extent that Micron's current strong growth may not be sustainable over the medium term.\nRegarding its balance sheet, Micron has a good situation, given that its net cash position was around $3.1 billion at the end of last quarter, thus its financial profile is strong and it can return excess capital to shareholders.\nIndeed, Micron has performed historically share buybacks, but more recently decided to start distributing a dividend, which shows some confidence about the company's future business prospects and its ability to return capital to shareholders in a recurring basis. Its quarterly dividend was set at only $0.10 per share, which lead to a modest dividend yield, but the goal is to gradually increase the dividend over the next few years.\nBottom Line\nMicron is reporting strong growth and medium-term prospects are good due to several growth trends of AI, 5G and others. However, the memory market is highly cyclical and there are some worries that its current strong trend may not last much.\nThe semiconductor industry has secular long-term growth prospects, but in my opinion the best way to invest in this theme is through companies that have some sort of competitive advantage and pricing power, such as ASML(ASML) that has a monopoly in the EUV technology. Micron does not fit that criteria and for that reason I was inclined to avoid it.\nHowever, I find its valuation as ridiculously cheap, given that based on 2022 and 2023 earnings it is currently trading at less than 7x forward earnings. This is extremely undemanding and even if earnings estimates come down somewhat, Micron would still be trading at a much lower valuation than its peers and its own historical average (about 11.5x over the past five years).\nThis means that even though Micron is a cyclical play within the semiconductor industry (my investment approach is to buy mainly secular growth companies), its valuation is too much cheap to ignore and upside potential looks good if pricing in the memory market remains strong. I have bought a small stake in Micron (about 3% of my portfolio) and intend to hold it for a while, but if pricing in the memory market starts to show weakness I most likely will sell my stake.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811666777,"gmtCreate":1630317916999,"gmtModify":1704958339485,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Three freaking hours! Sheez! Over my dead body","listText":"Three freaking hours! Sheez! Over my dead body","text":"Three freaking hours! Sheez! Over my dead body","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/811666777","repostId":"1103245806","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811122606,"gmtCreate":1630299946305,"gmtModify":1704958053913,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Bet David lives up to his name - king (CASH)","listText":"Bet David lives up to his name - king (CASH)","text":"Bet David lives up to his name - king (CASH)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811122606","repostId":"1153646467","repostType":4,"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836038694,"gmtCreate":1629435831018,"gmtModify":1631883953429,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","listText":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","text":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836038694","repostId":"1113659023","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839048830,"gmtCreate":1629110672220,"gmtModify":1631887209709,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Get real will ya? It's enormously huge appetite","listText":"Get real will ya? It's enormously huge appetite","text":"Get real will ya? It's enormously huge appetite","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839048830","repostId":"1145442681","repostType":4,"repost":{"id":"1145442681","kind":"news","pubTimestamp":1629106529,"share":"https://www.laohu8.com/m/news/1145442681?lang=&edition=full","pubTime":"2021-08-16 17:35","market":"us","language":"en","title":"2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy","url":"https://stock-news.laohu8.com/highlight/detail?id=1145442681","media":"investing.com","summary":"Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO ","content":"<p>Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO of&nbsp;<b><a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a></b>, is one of the US's most prominent buy-and-hold value investors. Buffett's views, on both the economy and markets, expressed in his regular shareholderletters, as well as his long-term investments, typically inspire legions of retail investors.</p>\n<p>Since the late 1950s, Buffett along with his long-time partner Charlie Munger have transformed&nbsp;<b>Berkshire Hathaway</b>&nbsp;from a struggling textile group to a conglomerate. In fact, BRK.A stock, which closed on Aug. 13 at $433,124.00 (<i>that is not a misprint</i>), currently has the highest share price of any company in history. Its market capitalization (cap) is greater than $654 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/359cd247ace6c70c333fddd55ce7127c\" tg-width=\"2536\" tg-height=\"1278\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">BRK.A Weekly TTM</p>\n<p>On Aug. 7, Berkshire Hathaway&nbsp;released&nbsp;Q2&nbsp;metrics. Operating earnings of $6.69 billion were up 21% year-over-year (YoY). Its holdings in energy businesses and railroads benefitted from an improved economic climate and the reopening of the economy.</p>\n<p>The group bought back about $6.0 billion of their own stock. As a result, the six-month share repurchase total stands at $12.6 billion.</p>\n<p>As many of our readers would know, Berkshire Hathaway owns numerous businesses, including&nbsp;<b>Geico</b>, the&nbsp;<b>BNSF Railway</b>&nbsp;and&nbsp;<b>See's Candies</b>. It also has sizable investments in various publicly-traded companies, operating mainly in three segments:</p>\n<ul>\n <li>Banks, insurance and finance (aggregate fair value of $66,479 billion);</li>\n <li>Consumer products (aggregate fair value of $146,330);</li>\n <li>Commercial, industrial and other (aggregate fair value of $68,361).</li>\n</ul>\n<p>The most recent SEC&nbsp;filing&nbsp;showed that at the end of June, “[a]pproximately 69% of the aggregate fair value was concentrated in four companies.\" They are:</p>\n<ul>\n <li><b>American Express</b>(NYSE:AXP)—$25.1 billion;</li>\n <li><b>Apple</b>(NASDAQ:AAPL)—$124.3 billion</li>\n <li><b>Bank of America</b>(NYSE:BAC)—$42.6 billion</li>\n <li><b>Coca-Cola</b>(NYSE:KO)—$21.6 billion.</li>\n</ul>\n<p>Several other names that Berkshire Hathaway currently invests ininclude&nbsp;<b><a href=\"https://laohu8.com/S/ABBV\">AbbVie</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/BMY\">Bristol-Myers Squibb</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/DVA\">DaVita HealthCare Partners</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/GM\">General Motors</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/KR\">Kroger</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/MMC\">Marsh &amp; McLennan</a></b>,<b>&nbsp;<a href=\"https://laohu8.com/S/MA\">MasterCard</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/TEVA\">Teva Pharmaceutical</a></b>, and&nbsp;<b><a href=\"https://laohu8.com/S/VRSN\">VeriSign</a></b>.</p>\n<p>Berkshire Hathaway also invests in the&nbsp;<b><a href=\"https://laohu8.com/S/SPY.AU\">SPDR® S&amp;P 500® ETF Trust</a></b>, which tracks the&nbsp;<b><a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a></b> <b>Index</b>. It is an exchange-traded fund (ETF) that Buffett believes should be in most retail portfolios.</p>\n<p>As the first ETF listed in the US, SPY began trading in January 1933. The fund holds companies across all elevenGICSsectors.</p>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b>,<b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b> ,<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b>, and&nbsp;<b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> </b>are the top names in the roster. The leading 10 stocks comprise 28% of net assets of $388.3 billion. So far in the year, SPY is up 32.4% and hit an all-time high on Aug. 13.</p>\n<p>With that information, here's another ETF that could be of interest to Buffett followers.</p>\n<p><b>Financial Select Sector SPDR Fund</b></p>\n<ul>\n <li>Current Price: $38.58</li>\n <li>52-Week Range: $22.94 - $38.95</li>\n <li>Dividend Yield: 1.50%</li>\n <li>Expense Ratio: 0.12% per year</li>\n</ul>\n<p>The&nbsp;<b><a href=\"https://laohu8.com/S/XLF\">Financial Select Sector SPDR Fund</a></b> provides exposure to financial services names, including banks, asset managers, insurers, brokers as well as real estate investment trusts (REITs). Since its inception in December 1998, net assets have reached $42.6 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/93f8ff3b4cea29db53c789ec5dc2469a\" tg-width=\"2552\" tg-height=\"1292\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">XLF Weekly</p>\n<p>XLF, which has 65 holdings, tracks the&nbsp;Financial Select Sector&nbsp;index.</p>\n<p>Close to 55% of total assets are in the top ten stocks. Among the largest names in the roster are<b>&nbsp;<a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a></b>,&nbsp;<b>Bank of America</b>,&nbsp;<b><a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a></b> and&nbsp;<b><a href=\"https://laohu8.com/S/C\">Citigroup</a></b>.</p>\n<p>A closer inspection of this fund shows that in addition to Berkshire Hathaway, other holdings include several additional names favored by Buffett. As well, since 12.70% of XLF is in BRK.A, buying XLF is an indirect way to gain exposure to stocks held by the conglomerate.</p>\n<p>Year-to-date, XLF is up about 30.9% and, like SPY, also hit an ATH on Aug. 13. In other words, the financial sector has been a top performer in 2021. Financial firms have benefited from the economic recovery of the past several months.</p>\n<p>Given the recent increase in the share prices of many names in XLF, short-term profit-taking could be in the cards. Interested readers would find a better value between $35-37.</p>","source":"lsy1594375853987","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 17:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/2-etfs-that-could-help-investors-replicate-warren-buffetts-market-strategy-200598770><strong>investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO of Berkshire Hathaway, is one of the US's most prominent buy-and-hold value investors. Buffett's ...</p>\n\n<a href=\"https://www.investing.com/analysis/2-etfs-that-could-help-investors-replicate-warren-buffetts-market-strategy-200598770\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","XLF":"金融ETF","SPY":"标普500ETF","BRK.B":"伯克希尔B"},"source_url":"https://www.investing.com/analysis/2-etfs-that-could-help-investors-replicate-warren-buffetts-market-strategy-200598770","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145442681","content_text":"Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO of Berkshire Hathaway, is one of the US's most prominent buy-and-hold value investors. Buffett's views, on both the economy and markets, expressed in his regular shareholderletters, as well as his long-term investments, typically inspire legions of retail investors.\nSince the late 1950s, Buffett along with his long-time partner Charlie Munger have transformed Berkshire Hathaway from a struggling textile group to a conglomerate. In fact, BRK.A stock, which closed on Aug. 13 at $433,124.00 (that is not a misprint), currently has the highest share price of any company in history. Its market capitalization (cap) is greater than $654 billion.\nBRK.A Weekly TTM\nOn Aug. 7, Berkshire Hathaway released Q2 metrics. Operating earnings of $6.69 billion were up 21% year-over-year (YoY). Its holdings in energy businesses and railroads benefitted from an improved economic climate and the reopening of the economy.\nThe group bought back about $6.0 billion of their own stock. As a result, the six-month share repurchase total stands at $12.6 billion.\nAs many of our readers would know, Berkshire Hathaway owns numerous businesses, including Geico, the BNSF Railway and See's Candies. It also has sizable investments in various publicly-traded companies, operating mainly in three segments:\n\nBanks, insurance and finance (aggregate fair value of $66,479 billion);\nConsumer products (aggregate fair value of $146,330);\nCommercial, industrial and other (aggregate fair value of $68,361).\n\nThe most recent SEC filing showed that at the end of June, “[a]pproximately 69% of the aggregate fair value was concentrated in four companies.\" They are:\n\nAmerican Express(NYSE:AXP)—$25.1 billion;\nApple(NASDAQ:AAPL)—$124.3 billion\nBank of America(NYSE:BAC)—$42.6 billion\nCoca-Cola(NYSE:KO)—$21.6 billion.\n\nSeveral other names that Berkshire Hathaway currently invests ininclude AbbVie, Amazon.com, Bank of New York Mellon, Bristol-Myers Squibb, DaVita HealthCare Partners, General Motors, Kroger, Marsh & McLennan, MasterCard, Teva Pharmaceutical, and VeriSign.\nBerkshire Hathaway also invests in the SPDR® S&P 500® ETF Trust, which tracks the S&P 500 Index. It is an exchange-traded fund (ETF) that Buffett believes should be in most retail portfolios.\nAs the first ETF listed in the US, SPY began trading in January 1933. The fund holds companies across all elevenGICSsectors.\nApple, Microsoft,Amazon.com ,Facebook, and Alphabet are the top names in the roster. The leading 10 stocks comprise 28% of net assets of $388.3 billion. So far in the year, SPY is up 32.4% and hit an all-time high on Aug. 13.\nWith that information, here's another ETF that could be of interest to Buffett followers.\nFinancial Select Sector SPDR Fund\n\nCurrent Price: $38.58\n52-Week Range: $22.94 - $38.95\nDividend Yield: 1.50%\nExpense Ratio: 0.12% per year\n\nThe Financial Select Sector SPDR Fund provides exposure to financial services names, including banks, asset managers, insurers, brokers as well as real estate investment trusts (REITs). Since its inception in December 1998, net assets have reached $42.6 billion.\nXLF Weekly\nXLF, which has 65 holdings, tracks the Financial Select Sector index.\nClose to 55% of total assets are in the top ten stocks. Among the largest names in the roster are Berkshire Hathaway, JPMorgan Chase, Bank of America, Wells Fargo, Morgan Stanley and Citigroup.\nA closer inspection of this fund shows that in addition to Berkshire Hathaway, other holdings include several additional names favored by Buffett. As well, since 12.70% of XLF is in BRK.A, buying XLF is an indirect way to gain exposure to stocks held by the conglomerate.\nYear-to-date, XLF is up about 30.9% and, like SPY, also hit an ATH on Aug. 13. In other words, the financial sector has been a top performer in 2021. Financial firms have benefited from the economic recovery of the past several months.\nGiven the recent increase in the share prices of many names in XLF, short-term profit-taking could be in the cards. Interested readers would find a better value between $35-37.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893976358,"gmtCreate":1628234307674,"gmtModify":1631891264766,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Skillz has its name implies = SKILL","listText":"Skillz has its name implies = SKILL","text":"Skillz has its name implies = SKILL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893976358","repostId":"2157837430","repostType":4,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899007869,"gmtCreate":1628139493451,"gmtModify":1631891264770,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Quote - Old ginger still \"HOT\"","listText":"Quote - Old ginger still \"HOT\"","text":"Quote - Old ginger still \"HOT\"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899007869","repostId":"1169931259","repostType":4,"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890970346,"gmtCreate":1628080173685,"gmtModify":1631891264775,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Giddy-up baby!","listText":"Giddy-up baby!","text":"Giddy-up baby!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890970346","repostId":"1100026966","repostType":4,"repost":{"id":"1100026966","kind":"news","pubTimestamp":1628078445,"share":"https://www.laohu8.com/m/news/1100026966?lang=&edition=full","pubTime":"2021-08-04 20:00","market":"sg","language":"en","title":"Grab breaks company record with strong Q1 results","url":"https://stock-news.laohu8.com/highlight/detail?id=1100026966","media":"Singapore Business","summary":"As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.\n\nGrab Ho","content":"<blockquote>\n <b><i>As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.</i></b>\n</blockquote>\n<p>Grab Holdings Inc. recorded an upward trend in their financial report for the first quarter of&nbsp;(Q1) 2021 as they work towards registering as a publicly-traded company.</p>\n<p>The recorded adjusted net sales reached a record-high $507m, with a 39% growth from last year. This resulted in revenue amounting to $216m.</p>\n<p>The company also reached its highest quarterly total payments volume at a growth of 18%.</p>\n<p>Grab also reported a boost in their adjusted earnings before interest, taxes, depreciation, and amortization&nbsp;(EBITDA) at $111m, which improved by $233m on a yearly basis.</p>\n<p>As of 31 March, Grab has a total of $4.9b cash and cash equivalents, an uptick of&nbsp; $1.4b from the $3.5b shown last 31 December 2020.</p>\n<p>Grab also took note of several areas of growth in their services, which includes GrabMart&nbsp;app download statistics and mobility.</p>\n<p>This comes amidst the difficulties posed to them by the COVID-19 pandemic and restrictions.</p>\n<p>Peter Oey, CFO of Grab, confirmed that these achievements were notable for Grab as a company.</p>\n<p>“We exceeded our internal targets for adjusted net sales and adjusted EBITDA for Q1 2021, and continued the strong growth momentum of our deliveries business.”</p>\n<p>These achievements come as Grab continues to work on their proposed merger with Altimeter Growth Corporation, a technology-focused investment firm.</p>\n<p>Grab CEO and Co-founder&nbsp;Anthony Tan&nbsp;sees this as a positive showing as they move closer to their public listing.</p>\n<p>“As we prepare to become a listed company, we’re sharing our first-ever quarterly financial results and we continue to deliver strong growth, despite the ongoing impact of COVID-19. Southeast Asian consumers trust Grab to meet their everyday needs in a growing number of ways, and we are excited about the emerging growth opportunities we see in our grocery delivery and financial services offerings.”</p>","source":"lsy1618986048053","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>Grab breaks company record with strong Q1 results</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\">\nGrab breaks company record with strong Q1 results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/transport-logistics/news/grab-breaks-company-record-strong-q1-results><strong>Singapore Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.\n\nGrab Holdings Inc. recorded an upward trend in their financial report for the first quarter of (Q1) 2021 as...</p>\n\n<a href=\"https://sbr.com.sg/transport-logistics/news/grab-breaks-company-record-strong-q1-results\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sbr.com.sg/transport-logistics/news/grab-breaks-company-record-strong-q1-results","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100026966","content_text":"As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.\n\nGrab Holdings Inc. recorded an upward trend in their financial report for the first quarter of (Q1) 2021 as they work towards registering as a publicly-traded company.\nThe recorded adjusted net sales reached a record-high $507m, with a 39% growth from last year. This resulted in revenue amounting to $216m.\nThe company also reached its highest quarterly total payments volume at a growth of 18%.\nGrab also reported a boost in their adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) at $111m, which improved by $233m on a yearly basis.\nAs of 31 March, Grab has a total of $4.9b cash and cash equivalents, an uptick of  $1.4b from the $3.5b shown last 31 December 2020.\nGrab also took note of several areas of growth in their services, which includes GrabMart app download statistics and mobility.\nThis comes amidst the difficulties posed to them by the COVID-19 pandemic and restrictions.\nPeter Oey, CFO of Grab, confirmed that these achievements were notable for Grab as a company.\n“We exceeded our internal targets for adjusted net sales and adjusted EBITDA for Q1 2021, and continued the strong growth momentum of our deliveries business.”\nThese achievements come as Grab continues to work on their proposed merger with Altimeter Growth Corporation, a technology-focused investment firm.\nGrab CEO and Co-founder Anthony Tan sees this as a positive showing as they move closer to their public listing.\n“As we prepare to become a listed company, we’re sharing our first-ever quarterly financial results and we continue to deliver strong growth, despite the ongoing impact of COVID-19. Southeast Asian consumers trust Grab to meet their everyday needs in a growing number of ways, and we are excited about the emerging growth opportunities we see in our grocery delivery and financial services offerings.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804665254,"gmtCreate":1627954611978,"gmtModify":1631891264777,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Jeff unintentionally puncture market ozone, whoops 🤭!","listText":"Jeff unintentionally puncture market ozone, whoops 🤭!","text":"Jeff unintentionally puncture market ozone, whoops 🤭!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804665254","repostId":"1159936560","repostType":4,"repost":{"id":"1159936560","kind":"news","pubTimestamp":1627953917,"share":"https://www.laohu8.com/m/news/1159936560?lang=&edition=full","pubTime":"2021-08-03 09:25","market":"us","language":"en","title":"Jeff Bezos is no longer the richest person on the planet after his net worth drops $13.9 billion in one day","url":"https://stock-news.laohu8.com/highlight/detail?id=1159936560","media":"MarketWatch","summary":"Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blu","content":"<p>Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blue Origin spacecraft reached&nbsp;suborbital flight&nbsp;for a few minutes.</p>\n<p>Now, the multibillionaire is once again without the title, but this time because his net worth actually tumbled — by&nbsp;$13.9 billion&nbsp;in one day.</p>\n<p>Bezos’ net worth fell because Amazon’s&nbsp;stock price took a hit last week,sliding 7%&nbsp;after the company reported less-than-anticipated second-quarter growth.</p>\n<p>The drop in Bezos’ net worth allowed for French tycoon Bernard Arnault to claim the No. 1 spot of the ultra-wealthy. Arnault heads the luxury goods conglomerate LVMH,whose subsidiaries include Louis Vuitton, Sephora, Moët &amp; Chandon and Tiffany &amp; Co.</p>\n<p>It might seem that a global pandemic and economic recession would set the luxury goods market back a bit, but Arnault remarkably grew his wealth by&nbsp;nearly $100 billion&nbsp;during the first year of the pandemic.</p>\n<p>Arnault’s net worth sat at&nbsp;$195.8 billion&nbsp;as of Monday, while Bezos’ hovered at&nbsp;$192.6 billion.</p>\n<p>Bezos made history in 2020 as the first person ever to be worth&nbsp;$200 billion, as Amazon enjoyed big gains from pandemic lockdowns.</p>\n<p>The two billionaires had jockeyed for the top spot throughout May and June of this year, but the recent toss up put an end to Bezos’ 50-day streak at the top of the heap, according to&nbsp;Forbes.</p>\n<p>In total, there are 2,755 billionaires worldwide, 86% of which are&nbsp;richer than they were a year ago&nbsp;for a combined $5 trillion increase in wealth in 2020.</p>\n<p>Meanwhile, the median net worth for American families is&nbsp;$121,700.</p>","source":"lsy1603348471595","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>Jeff Bezos is no longer the richest person on the planet after his net worth drops $13.9 billion in one day</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\">\nJeff Bezos is no longer the richest person on the planet after his net worth drops $13.9 billion in one day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/jeff-bezos-is-no-longer-the-richest-person-on-the-planet-after-he-loses-13-9-billion-in-one-day-11627926841?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blue Origin spacecraft reached suborbital flight for a few minutes.\nNow, the multibillionaire is once ...</p>\n\n<a href=\"https://www.marketwatch.com/story/jeff-bezos-is-no-longer-the-richest-person-on-the-planet-after-he-loses-13-9-billion-in-one-day-11627926841?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.marketwatch.com/story/jeff-bezos-is-no-longer-the-richest-person-on-the-planet-after-he-loses-13-9-billion-in-one-day-11627926841?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159936560","content_text":"Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blue Origin spacecraft reached suborbital flight for a few minutes.\nNow, the multibillionaire is once again without the title, but this time because his net worth actually tumbled — by $13.9 billion in one day.\nBezos’ net worth fell because Amazon’s stock price took a hit last week,sliding 7% after the company reported less-than-anticipated second-quarter growth.\nThe drop in Bezos’ net worth allowed for French tycoon Bernard Arnault to claim the No. 1 spot of the ultra-wealthy. Arnault heads the luxury goods conglomerate LVMH,whose subsidiaries include Louis Vuitton, Sephora, Moët & Chandon and Tiffany & Co.\nIt might seem that a global pandemic and economic recession would set the luxury goods market back a bit, but Arnault remarkably grew his wealth by nearly $100 billion during the first year of the pandemic.\nArnault’s net worth sat at $195.8 billion as of Monday, while Bezos’ hovered at $192.6 billion.\nBezos made history in 2020 as the first person ever to be worth $200 billion, as Amazon enjoyed big gains from pandemic lockdowns.\nThe two billionaires had jockeyed for the top spot throughout May and June of this year, but the recent toss up put an end to Bezos’ 50-day streak at the top of the heap, according to Forbes.\nIn total, there are 2,755 billionaires worldwide, 86% of which are richer than they were a year ago for a combined $5 trillion increase in wealth in 2020.\nMeanwhile, the median net worth for American families is $121,700.","news_type":1},"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801483283,"gmtCreate":1627527957542,"gmtModify":1631891264782,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Really?&nbsp;[思考]&nbsp;","listText":"Really?&nbsp;[思考]&nbsp;","text":"Really? [思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801483283","repostId":"1184074920","repostType":4,"isVote":1,"tweetType":1,"viewCount":869,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":803010936,"gmtCreate":1627396125525,"gmtModify":1631887209842,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Oh! Get a life","listText":"Oh! Get a life","text":"Oh! Get a life","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803010936","repostId":"2154156259","repostType":4,"repost":{"id":"2154156259","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627395771,"share":"https://www.laohu8.com/m/news/2154156259?lang=&edition=full","pubTime":"2021-07-27 22:22","market":"us","language":"en","title":"Facebook will restrict ad targeting of under-18s","url":"https://stock-news.laohu8.com/highlight/detail?id=2154156259","media":"Reuters","summary":"July 27 (Reuters) - Facebook Inc will stop allowing advertisers to target people under 18 on its pla","content":"<p>July 27 (Reuters) - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.</p>\n<p>The change means advertisers will soon be able to target under-18s only by age, gender or location on Facebook, its Messenger service and its photo-sharing platform Instagram. In a blog post, Instagram said it was making the change because it agreed with youth advocates that young people might not be equipped to make decisions about targeting.</p>\n<p>Instagram users under 16 years old will also start to be defaulted into having a private account when they join the platform, the company said, in an effort to stop unwanted contact from adults. They will still be given the option, however, to switch to a public account and current users can keep their account as public.</p>\n<p>Facebook's approach to younger users has been in the spotlight after U.S. lawmakers and attorneys general slammed its leaked plans to launch a version of Instagram for children under 13. Earlier this year, a group of more than 40 state attorneys general wrote to CEO Mark Zuckerberg asking him to ditch the idea.</p>\n<p>The company said on Tuesday it was working on an \"Instagram experience for tweens.\" It has said the idea of a youth-focused app is to provide parents greater transparency and controls on what younger children who want to access Instagram are doing.</p>\n<p>Several major social media companies have also rolled out versions of their apps for younger audiences, from Facebook's Messenger Kids to Alphabet Inc -owned YouTube Kids.</p>\n<p>Proponents argue that children are already on a platform and so a family-friendly version provides a safer environment, but critics say Facebook should not be trying to hook young kids on its services due to risks to their development, mental health and privacy.</p>\n<p>Age verification of children is an issue on many social media sites, which prohibit kids under 13 but often fail to identify and remove underage users. In a separate blog on Tuesday, Facebook's head of youth products, Pavni Diwanji, said it was using artificial intelligence to improve this verification and remove underage accounts.</p>\n<p>Instagram also said it was making it harder in several countries for adults who have shown potentially suspicious behavior - such as recently being reported by a young user - to find young people's accounts, either through searching user names or having the accounts suggested to them. It said it would prevent such adults from seeing comments from young people on others' posts and that the adults would not be able to leave comments on the posts of young people.</p>","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>Facebook will restrict ad targeting of under-18s</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\">\nFacebook will restrict ad targeting of under-18s\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-27 22:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 27 (Reuters) - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.</p>\n<p>The change means advertisers will soon be able to target under-18s only by age, gender or location on Facebook, its Messenger service and its photo-sharing platform Instagram. In a blog post, Instagram said it was making the change because it agreed with youth advocates that young people might not be equipped to make decisions about targeting.</p>\n<p>Instagram users under 16 years old will also start to be defaulted into having a private account when they join the platform, the company said, in an effort to stop unwanted contact from adults. They will still be given the option, however, to switch to a public account and current users can keep their account as public.</p>\n<p>Facebook's approach to younger users has been in the spotlight after U.S. lawmakers and attorneys general slammed its leaked plans to launch a version of Instagram for children under 13. Earlier this year, a group of more than 40 state attorneys general wrote to CEO Mark Zuckerberg asking him to ditch the idea.</p>\n<p>The company said on Tuesday it was working on an \"Instagram experience for tweens.\" It has said the idea of a youth-focused app is to provide parents greater transparency and controls on what younger children who want to access Instagram are doing.</p>\n<p>Several major social media companies have also rolled out versions of their apps for younger audiences, from Facebook's Messenger Kids to Alphabet Inc -owned YouTube Kids.</p>\n<p>Proponents argue that children are already on a platform and so a family-friendly version provides a safer environment, but critics say Facebook should not be trying to hook young kids on its services due to risks to their development, mental health and privacy.</p>\n<p>Age verification of children is an issue on many social media sites, which prohibit kids under 13 but often fail to identify and remove underage users. In a separate blog on Tuesday, Facebook's head of youth products, Pavni Diwanji, said it was using artificial intelligence to improve this verification and remove underage accounts.</p>\n<p>Instagram also said it was making it harder in several countries for adults who have shown potentially suspicious behavior - such as recently being reported by a young user - to find young people's accounts, either through searching user names or having the accounts suggested to them. It said it would prevent such adults from seeing comments from young people on others' posts and that the adults would not be able to leave comments on the posts of young people.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154156259","content_text":"July 27 (Reuters) - Facebook Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.\nThe change means advertisers will soon be able to target under-18s only by age, gender or location on Facebook, its Messenger service and its photo-sharing platform Instagram. In a blog post, Instagram said it was making the change because it agreed with youth advocates that young people might not be equipped to make decisions about targeting.\nInstagram users under 16 years old will also start to be defaulted into having a private account when they join the platform, the company said, in an effort to stop unwanted contact from adults. They will still be given the option, however, to switch to a public account and current users can keep their account as public.\nFacebook's approach to younger users has been in the spotlight after U.S. lawmakers and attorneys general slammed its leaked plans to launch a version of Instagram for children under 13. Earlier this year, a group of more than 40 state attorneys general wrote to CEO Mark Zuckerberg asking him to ditch the idea.\nThe company said on Tuesday it was working on an \"Instagram experience for tweens.\" It has said the idea of a youth-focused app is to provide parents greater transparency and controls on what younger children who want to access Instagram are doing.\nSeveral major social media companies have also rolled out versions of their apps for younger audiences, from Facebook's Messenger Kids to Alphabet Inc -owned YouTube Kids.\nProponents argue that children are already on a platform and so a family-friendly version provides a safer environment, but critics say Facebook should not be trying to hook young kids on its services due to risks to their development, mental health and privacy.\nAge verification of children is an issue on many social media sites, which prohibit kids under 13 but often fail to identify and remove underage users. In a separate blog on Tuesday, Facebook's head of youth products, Pavni Diwanji, said it was using artificial intelligence to improve this verification and remove underage accounts.\nInstagram also said it was making it harder in several countries for adults who have shown potentially suspicious behavior - such as recently being reported by a young user - to find young people's accounts, either through searching user names or having the accounts suggested to them. It said it would prevent such adults from seeing comments from young people on others' posts and that the adults would not be able to leave comments on the posts of young people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174217361,"gmtCreate":1627101072153,"gmtModify":1633767939908,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Me shares power, Me also sucks DATa, Me more powerful&nbsp;","listText":"Me shares power, Me also sucks DATa, Me more powerful&nbsp;","text":"Me shares power, Me also sucks DATa, Me more powerful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174217361","repostId":"1109439356","repostType":4,"repost":{"id":"1109439356","kind":"news","pubTimestamp":1627096841,"share":"https://www.laohu8.com/m/news/1109439356?lang=&edition=full","pubTime":"2021-07-24 11:20","market":"us","language":"en","title":"Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1109439356","media":"Barrons","summary":"This past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, w","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e34edc30ae38ac91a9f953a1dcae4dbc\" tg-width=\"930\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Illustration by Elias Stein</span></p>\n<p>This past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, with a $1,000 price target. “While some will view it as letting competition in on Tesla’s supercharger moat, we disagree…”</p>\n<p>For all the competition between their makers, EVs account for less than 5% of all new cars sold in the U.S. The larger struggle remains between electric- and gasoline-powered vehicles. Anything Musk does to make buying electrics easier is good for Tesla. Besides, Tesla could make a lot of money by opening its network. Although Tesla didn’t respond to a question about potential pricing, charging won’t be free, and refusing to let others use the system would be like a gas station only servicing Fords. And charging eventually will be as ubiquitous as gas stations.</p>\n<p>Then there’s the free publicity and advertising. Opening up the charging network shows Tesla is interested in overall EV adoption and not just in selling its own vehicles. That’s positive for the brand. And it means that thousands of EV buyers will be pulling up to a Tesla logo, again and again.</p>\n<p>Investors brushed off the tweet. Tesla closed at $643.38 Friday, basically flat on the week, with earnings ahead. That’s probably right. For now, charging-for-all will probably matter more at the margins.</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>Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.</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\">\nMusk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Illustration by Elias Stein\nThis past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559\">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/elon-musk-tesla-charging-network-51627090559","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109439356","content_text":"Illustration by Elias Stein\nThis past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, with a $1,000 price target. “While some will view it as letting competition in on Tesla’s supercharger moat, we disagree…”\nFor all the competition between their makers, EVs account for less than 5% of all new cars sold in the U.S. The larger struggle remains between electric- and gasoline-powered vehicles. Anything Musk does to make buying electrics easier is good for Tesla. Besides, Tesla could make a lot of money by opening its network. Although Tesla didn’t respond to a question about potential pricing, charging won’t be free, and refusing to let others use the system would be like a gas station only servicing Fords. And charging eventually will be as ubiquitous as gas stations.\nThen there’s the free publicity and advertising. Opening up the charging network shows Tesla is interested in overall EV adoption and not just in selling its own vehicles. That’s positive for the brand. And it means that thousands of EV buyers will be pulling up to a Tesla logo, again and again.\nInvestors brushed off the tweet. Tesla closed at $643.38 Friday, basically flat on the week, with earnings ahead. That’s probably right. For now, charging-for-all will probably matter more at the margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172920679,"gmtCreate":1626928480291,"gmtModify":1631888967488,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Woah! Care for&nbsp;I'ntl space station snacks anyone? Yum yum","listText":"Woah! Care for&nbsp;I'ntl space station snacks anyone? Yum yum","text":"Woah! Care for I'ntl space station snacks anyone? Yum yum","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172920679","repostId":"1146624774","repostType":4,"repost":{"id":"1146624774","kind":"news","pubTimestamp":1626926115,"share":"https://www.laohu8.com/m/news/1146624774?lang=&edition=full","pubTime":"2021-07-22 11:55","market":"us","language":"en","title":"Here's Why Cassava Sciences Is Surging Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1146624774","media":"The Motley Fool","summary":"Key Points\n\nCassava Sciences will present the results of an interim analysis for the first 50 Alzhei","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Cassava Sciences will present the results of an interim analysis for the first 50 Alzheimer's disease patients to complete nine months of treatment with its lead candidate, simufilam, in an open-label study.</li>\n</ul>\n<h2><b>What happened</b></h2>\n<p>Shares of&nbsp;<b><a href=\"https://laohu8.com/S/SAVA\">Cassava Sciences Inc</a></b>, a clinical-stage biopharmaceutical company, gained 26.6% as of 3:05 p.m. EDT on Wednesday. Investors are anticipating a new set of clinical-trial data from the company's lead candidate, simufilam, to be presented at the Alzheimer's Association International Conference (AAIC) later this month.</p>\n<h2><b>So what</b></h2>\n<p>The FDA's controversial approval of Aduhelm from&nbsp;<b><a href=\"https://laohu8.com/S/BIIB\">Biogen</a></b>&nbsp;this June has many retail investors excited about the next potential Alzheimer's disease treatment. More than 6 million Americans are living with this progressive and ultimately fatal form of dementia, and the only available treatmentisn't supported by evidence of efficacy.</p>\n<p><img src=\"https://static.tigerbbs.com/283ff788d77e7317a9f096803e24ca4f\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\">IMAGE SOURCE: GETTY IMAGES.</p>\n<p>Cassava Sciences stock jumped higher on Wednesday because the company simply announced an upcoming presentation at AAIC's annual conference. On July 29, 2021, the company will present new data from a phase 2 trial with simufilam, a potential first-in-class stabilizer of a structural protein called filamin A.</p>\n<h2><b>Now what</b></h2>\n<p>Signs that simufilam can help slow down patients' loss of cognitive abilities have beenencouragingand worthy of further study. At recent prices, though, Cassava Sciences sports a $4.6 billion market cap. That's a lot for a company with no products to sell and oneexperimental drugin mid-stage testing.</p>\n<p>Last September, Cassava Sciences showed how 28 days of treatment with simufilam significantly reduced signs of worsening dementia as measured from samples of cerebrospinal fluid (CSF). Cognitive measurements from this phase 2 study showed signs of a benefit compared to a placebo, but the company hasn't even started a phase 3 trial that could support a new drug application.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Cassava Sciences Is Surging Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Cassava Sciences Is Surging Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/21/heres-why-cassava-sciences-is-surging-today/><strong>The Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nCassava Sciences will present the results of an interim analysis for the first 50 Alzheimer's disease patients to complete nine months of treatment with its lead candidate, simufilam, in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/21/heres-why-cassava-sciences-is-surging-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIIB":"渤健公司","SAVA":"Cassava Sciences Inc"},"source_url":"https://www.fool.com/investing/2021/07/21/heres-why-cassava-sciences-is-surging-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146624774","content_text":"Key Points\n\nCassava Sciences will present the results of an interim analysis for the first 50 Alzheimer's disease patients to complete nine months of treatment with its lead candidate, simufilam, in an open-label study.\n\nWhat happened\nShares of Cassava Sciences Inc, a clinical-stage biopharmaceutical company, gained 26.6% as of 3:05 p.m. EDT on Wednesday. Investors are anticipating a new set of clinical-trial data from the company's lead candidate, simufilam, to be presented at the Alzheimer's Association International Conference (AAIC) later this month.\nSo what\nThe FDA's controversial approval of Aduhelm from Biogen this June has many retail investors excited about the next potential Alzheimer's disease treatment. More than 6 million Americans are living with this progressive and ultimately fatal form of dementia, and the only available treatmentisn't supported by evidence of efficacy.\nIMAGE SOURCE: GETTY IMAGES.\nCassava Sciences stock jumped higher on Wednesday because the company simply announced an upcoming presentation at AAIC's annual conference. On July 29, 2021, the company will present new data from a phase 2 trial with simufilam, a potential first-in-class stabilizer of a structural protein called filamin A.\nNow what\nSigns that simufilam can help slow down patients' loss of cognitive abilities have beenencouragingand worthy of further study. At recent prices, though, Cassava Sciences sports a $4.6 billion market cap. That's a lot for a company with no products to sell and oneexperimental drugin mid-stage testing.\nLast September, Cassava Sciences showed how 28 days of treatment with simufilam significantly reduced signs of worsening dementia as measured from samples of cerebrospinal fluid (CSF). Cognitive measurements from this phase 2 study showed signs of a benefit compared to a placebo, but the company hasn't even started a phase 3 trial that could support a new drug application.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146408962,"gmtCreate":1626094654156,"gmtModify":1633930220492,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"&nbsp;Regulatory pressures?","listText":"&nbsp;Regulatory pressures?","text":"Regulatory pressures?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146408962","repostId":"1161734090","repostType":4,"repost":{"id":"1161734090","kind":"news","pubTimestamp":1626090025,"share":"https://www.laohu8.com/m/news/1161734090?lang=&edition=full","pubTime":"2021-07-12 19:40","market":"us","language":"en","title":"DouYu officially terminates merger agreement with Huya","url":"https://stock-news.laohu8.com/highlight/detail?id=1161734090","media":"seekingalpha","summary":"To abide by the SAMR decision, DouYu International Holdings Limited(NASDAQ:DOYU) -1.28% premarket, a","content":"<ul>\n <li>To abide by the SAMR decision,&nbsp;DouYu International Holdings Limited(NASDAQ:DOYU)&nbsp;-1.28%&nbsp;premarket, announced that Huya, Tiger Company Ltd., a wholly owned subsidiaryof Huya(NYSE:HUYA)-1.4%&nbsp;premarket, DouYu, and Nectarine Investment Limited, a wholly owned subsidiary of Tencent Holdings(OTCPK:TCEHY)has officially&nbsp;terminated&nbsp;merger agreement,dated October 12, 2020.</li>\n <li>Last week, the State Administration for Market Regulation of the People's Republic of China (SAMR), has&nbsp;blocked&nbsp;the planned deal to restrict the competition in the video game-streaming market in China.</li>\n <li>The board of directors of DouYu also cancels cash dividend of $60M which was to be paid on or around at the closing of the Merger.</li>\n</ul>","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>DouYu officially terminates merger agreement with Huya</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\">\nDouYu officially terminates merger agreement with Huya\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 19:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3714199-douyu-officially-terminates-merger-agreement-with-huya><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>To abide by the SAMR decision, DouYu International Holdings Limited(NASDAQ:DOYU) -1.28% premarket, announced that Huya, Tiger Company Ltd., a wholly owned subsidiaryof Huya(NYSE:HUYA)-1.4% premarket, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3714199-douyu-officially-terminates-merger-agreement-with-huya\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HUYA":"虎牙","DOYU":"斗鱼"},"source_url":"https://seekingalpha.com/news/3714199-douyu-officially-terminates-merger-agreement-with-huya","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1161734090","content_text":"To abide by the SAMR decision, DouYu International Holdings Limited(NASDAQ:DOYU) -1.28% premarket, announced that Huya, Tiger Company Ltd., a wholly owned subsidiaryof Huya(NYSE:HUYA)-1.4% premarket, DouYu, and Nectarine Investment Limited, a wholly owned subsidiary of Tencent Holdings(OTCPK:TCEHY)has officially terminated merger agreement,dated October 12, 2020.\nLast week, the State Administration for Market Regulation of the People's Republic of China (SAMR), has blocked the planned deal to restrict the competition in the video game-streaming market in China.\nThe board of directors of DouYu also cancels cash dividend of $60M which was to be paid on or around at the closing of the Merger.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149672901,"gmtCreate":1625726307903,"gmtModify":1633937962564,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Hellooooo, stocks mid-year shopping before Christmas ! All right tttt","listText":"Hellooooo, stocks mid-year shopping before Christmas ! All right tttt","text":"Hellooooo, stocks mid-year shopping before Christmas ! All right tttt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149672901","repostId":"1112751985","repostType":4,"repost":{"id":"1112751985","kind":"news","pubTimestamp":1625711773,"share":"https://www.laohu8.com/m/news/1112751985?lang=&edition=full","pubTime":"2021-07-08 10:36","market":"us","language":"en","title":"Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought","url":"https://stock-news.laohu8.com/highlight/detail?id=1112751985","media":"Nasdaq","summary":"Last year's market guru is rolling again. ARK Invest's Cathie Wood is seeing her exchange-traded fun","content":"<p>Last year's market guru is rolling again. ARK Invest's Cathie Wood is seeing her exchange-traded funds (ETFs)bounce back in recent weeks, regaining the momentum that made her high-growth investing style the envy of fund managers in 2020.</p>\n<p>She's been shopping for bargains these days, and with her strong track record she may have found some this week. On Tuesday she increased her positions in<b><a href=\"https://laohu8.com/S/DIS\">Walt Disney</a></b>(NYSE: DIS),<b>DocuSign</b>(NASDAQ: DOCU), and<b><a href=\"https://laohu8.com/S/PATH\">UiPath</a></b>(NYSE: PATH). Let's take a closer look at her shopping list.<img src=\"https://static.tigerbbs.com/e6d9ca3c185b1bc045d69bb06287cc7e\" tg-width=\"700\" tg-height=\"394\" referrerpolicy=\"no-referrer\">Image source: <a href=\"https://laohu8.com/S/DIS\">Walt Disney</a>.</p>\n<p><b>Walt Disney</b></p>\n<p>Disney isn't a name investors typically associate with Wood's aggressive growth style of investing, but there's no denying that the House of Mouse can be disruptive. It's a major player in streaming with the success of Disney+ and Hulu. Its 10-figure acquisitions of Pixar, Marvel, and Lucasfilm give it an unmatched catalog of intellectual property. Disney's theme parks are the most visited gated attractions in the world.</p>\n<p>Disney hit an all-time high just above $203 four months ago, fueled by the success of Disney+ and the market anticipating a reopening of the economy. It has given back some of those gains, and now tradesnearly 15% awayfrom revisiting that high-water mark.</p>\n<p>It's hard to bet against Disney. Disney+ has been around for less than two years, and it has already topped 100 million subscribers. Disney films routinely top box office reports, and now that folks are returning to the multiplex, theme park, and eventually cruise ship, Disney is everywhere families will be in the near future.</p>\n<p><b>DocuSign</b></p>\n<p>The pandemic made in-office signing of contracts, leases, and other important documents a thing of the past, and there's no going back to wet signatures now. DocuSign has emerged as a niche leader in this booming field, and unlike many companies that thrived through the COVID-19 crisis it's easy to see DocuSign continuing to grow in the next phase of humanity's recovery.</p>\n<p>DocuSign has evolved into a full digital documents management specialist, and the growth has been stellar. Revenue rose 39% and then 49% in its last two fiscal years, and the 58% increase it posted in its latest report is its headiest growth as a public company.</p>\n<p>This isn't just a top-line growth story. DocuSign is now profitable, and it has beaten Wall Street's profit target by at least 57% in each of the past quarters. The stock peaked in the fall of last year, butit's been rallyingto the point that it's just a good trading day away or two from setting a new high.</p>\n<p><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a></b></p>\n<p>Finally we have to talk about UiPath. Wood added to her UiPath position in three of ARK Invest's ETFs. UiPath isn't a household name, but it's a name that growth investors are warming up to as a leading provider of enterprise software for robotics and automation.</p>\n<p>UiPath has been public forless than three months, but it's been a wild ride. UiPath went public at $56, peaking at $90 in May before falling back to the high $60s. UiPath is living up to the initial hype with its growth. UiPath's top line rose 65% in its latest quarter, and that follows an 81% top-line pop in fiscal 2021. UiPath is the only name on this list that isn't profitable these days, but the ceiling remains high for the company.</p>\n<p>Wood knows what she's doing. It's good to always keep an eye on what she's buying.</p>","source":"lsy1603171495471","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>Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought</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\">\nCathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/cathie-wood-goes-bargain-hunting%3A-3-stocks-she-just-bought-2021-07-07><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last year's market guru is rolling again. ARK Invest's Cathie Wood is seeing her exchange-traded funds (ETFs)bounce back in recent weeks, regaining the momentum that made her high-growth investing ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/cathie-wood-goes-bargain-hunting%3A-3-stocks-she-just-bought-2021-07-07\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCU":"Docusign","PATH":"UiPath","DIS":"迪士尼"},"source_url":"https://www.nasdaq.com/articles/cathie-wood-goes-bargain-hunting%3A-3-stocks-she-just-bought-2021-07-07","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112751985","content_text":"Last year's market guru is rolling again. ARK Invest's Cathie Wood is seeing her exchange-traded funds (ETFs)bounce back in recent weeks, regaining the momentum that made her high-growth investing style the envy of fund managers in 2020.\nShe's been shopping for bargains these days, and with her strong track record she may have found some this week. On Tuesday she increased her positions inWalt Disney(NYSE: DIS),DocuSign(NASDAQ: DOCU), andUiPath(NYSE: PATH). Let's take a closer look at her shopping list.Image source: Walt Disney.\nWalt Disney\nDisney isn't a name investors typically associate with Wood's aggressive growth style of investing, but there's no denying that the House of Mouse can be disruptive. It's a major player in streaming with the success of Disney+ and Hulu. Its 10-figure acquisitions of Pixar, Marvel, and Lucasfilm give it an unmatched catalog of intellectual property. Disney's theme parks are the most visited gated attractions in the world.\nDisney hit an all-time high just above $203 four months ago, fueled by the success of Disney+ and the market anticipating a reopening of the economy. It has given back some of those gains, and now tradesnearly 15% awayfrom revisiting that high-water mark.\nIt's hard to bet against Disney. Disney+ has been around for less than two years, and it has already topped 100 million subscribers. Disney films routinely top box office reports, and now that folks are returning to the multiplex, theme park, and eventually cruise ship, Disney is everywhere families will be in the near future.\nDocuSign\nThe pandemic made in-office signing of contracts, leases, and other important documents a thing of the past, and there's no going back to wet signatures now. DocuSign has emerged as a niche leader in this booming field, and unlike many companies that thrived through the COVID-19 crisis it's easy to see DocuSign continuing to grow in the next phase of humanity's recovery.\nDocuSign has evolved into a full digital documents management specialist, and the growth has been stellar. Revenue rose 39% and then 49% in its last two fiscal years, and the 58% increase it posted in its latest report is its headiest growth as a public company.\nThis isn't just a top-line growth story. DocuSign is now profitable, and it has beaten Wall Street's profit target by at least 57% in each of the past quarters. The stock peaked in the fall of last year, butit's been rallyingto the point that it's just a good trading day away or two from setting a new high.\nUiPath\nFinally we have to talk about UiPath. Wood added to her UiPath position in three of ARK Invest's ETFs. UiPath isn't a household name, but it's a name that growth investors are warming up to as a leading provider of enterprise software for robotics and automation.\nUiPath has been public forless than three months, but it's been a wild ride. UiPath went public at $56, peaking at $90 in May before falling back to the high $60s. UiPath is living up to the initial hype with its growth. UiPath's top line rose 65% in its latest quarter, and that follows an 81% top-line pop in fiscal 2021. UiPath is the only name on this list that isn't profitable these days, but the ceiling remains high for the company.\nWood knows what she's doing. It's good to always keep an eye on what she's buying.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149867189,"gmtCreate":1625715561341,"gmtModify":1633938054434,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Another feather on disruptor cap.","listText":"Another feather on disruptor cap.","text":"Another feather on disruptor cap.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149867189","repostId":"2149313796","repostType":4,"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140646536,"gmtCreate":1625657117425,"gmtModify":1633938676936,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574372584321621","idStr":"3574372584321621"},"themes":[],"htmlText":"Yeah! Hot Apple","listText":"Yeah! Hot Apple","text":"Yeah! Hot Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140646536","repostId":"2149697283","repostType":4,"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":811666777,"gmtCreate":1630317916999,"gmtModify":1704958339485,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Three freaking hours! Sheez! Over my dead body","listText":"Three freaking hours! Sheez! Over my dead body","text":"Three freaking hours! Sheez! Over my dead body","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/811666777","repostId":"1103245806","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124098175,"gmtCreate":1624703322097,"gmtModify":1633949424562,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Apple has FANGs&nbsp; ... Lookout","listText":"Apple has FANGs&nbsp; ... Lookout","text":"Apple has FANGs ... Lookout","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/124098175","repostId":"1108941456","repostType":4,"repost":{"id":"1108941456","kind":"news","pubTimestamp":1624664800,"share":"https://www.laohu8.com/m/news/1108941456?lang=&edition=full","pubTime":"2021-06-26 07:46","market":"us","language":"en","title":"Is Apple A Better Buy Than Other FAANG Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=1108941456","media":"seekingalpha","summary":"Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.At 26-64x this year's expected net profi","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.</li>\n <li>Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.</li>\n <li>I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb49d385ec6d3044db2f4474cbb2c57\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>MagioreStock/iStock Editorial via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Going with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.</p>\n<p><b>Are FAANG Stocks A Good Investment?</b></p>\n<p>Looking back a couple of years, the answer is pretty clear that FAANG stocks at least<i>were</i>a good investment in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae2b8e2b9caf99f74c28bafc10a0a872\" tg-width=\"635\" tg-height=\"484\"><span>Data by YCharts</span></p>\n<p>With gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.</p>\n<p>These factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef865eea7af4369048432a9c85d1d83\" tg-width=\"635\" tg-height=\"540\"><span>Data by YCharts</span></p>\n<p>At 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from&nbsp;Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.</p>\n<p><b>What Investors Can Expect From Apple</b></p>\n<p>Apple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate&nbsp;in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.</p>\n<p><b>Apple Versus Facebook</b></p>\n<p>Both Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fd8043ca75dcb2c38f5ffa427c8c0b9\" tg-width=\"635\" tg-height=\"433\"><span>Data by YCharts</span></p>\n<p>Facebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3d49e0007aa77608b2992a9fef2142d\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>The fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b16c9b3e2eac182d42686bcd8a98fc5\" tg-width=\"635\" tg-height=\"515\"><span>Data by YCharts</span></p>\n<p>While Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.</p>\n<p>To sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.</p>\n<p><b>Apple Versus Alphabet</b></p>\n<p>When we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6360514d097081c546a0ccacfbdc7af6\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Alphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.</p>\n<p>Nevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhat<i>smaller</i>net cash position of $80 billion, although that still makes for a very strong balance sheet, of course.</p>\n<p>All in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.</p>\n<p><b>Apple Versus Netflix And Amazon</b></p>\n<p>Looking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.</p>\n<p>This huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ccc2536fa3cadf06639a89e0b211b9a\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>AMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.</p>\n<p>Netflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d84f013051fbb00b6b488f5cfed66d4\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Netflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&amp;T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.</p>\n<p>Amazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.</p>\n<p><b>Which Is The Best FAANG Stock To Buy?</b></p>\n<p>Not every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.</p>\n<p>Alphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.</p>\n<p>Depending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!</p>","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>Is Apple A Better Buy Than Other FAANG Stocks?</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\">\nIs Apple A Better Buy Than Other FAANG Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108941456","content_text":"Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.\nI believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.\n\nMagioreStock/iStock Editorial via Getty Images\nArticle Thesis\nGoing with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.\nAre FAANG Stocks A Good Investment?\nLooking back a couple of years, the answer is pretty clear that FAANG stocks at leastwerea good investment in the recent past:\nData by YCharts\nWith gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.\nThese factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:\nData by YCharts\nAt 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.\nWhat Investors Can Expect From Apple\nApple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.\nApple Versus Facebook\nBoth Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:\nData by YCharts\nFacebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:\nData by YCharts\nThe fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:\nData by YCharts\nWhile Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.\nTo sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.\nApple Versus Alphabet\nWhen we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.\nData by YCharts\nAlphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.\nNevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhatsmallernet cash position of $80 billion, although that still makes for a very strong balance sheet, of course.\nAll in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.\nApple Versus Netflix And Amazon\nLooking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.\nThis huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:\nData by YCharts\nAMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.\nNetflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:\nData by YCharts\nNetflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.\nAmazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.\nWhich Is The Best FAANG Stock To Buy?\nNot every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.\nAlphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.\nDepending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886258885,"gmtCreate":1631598464347,"gmtModify":1631891264752,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Great! Should make their platform more user-friendly to ease all of us","listText":"Great! Should make their platform more user-friendly to ease all of us","text":"Great! Should make their platform more user-friendly to ease all of us","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886258885","repostId":"1121338781","repostType":4,"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883257505,"gmtCreate":1631247753907,"gmtModify":1631891264755,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Deep dive then lots of great vibes will get us these stocks!!!","listText":"Deep dive then lots of great vibes will get us these stocks!!!","text":"Deep dive then lots of great vibes will get us these stocks!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883257505","repostId":"2166345008","repostType":4,"repost":{"id":"2166345008","kind":"highlight","pubTimestamp":1631245597,"share":"https://www.laohu8.com/m/news/2166345008?lang=&edition=full","pubTime":"2021-09-10 11:46","market":"us","language":"en","title":"3 Effective Strategies for Finding Value in Any Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2166345008","media":"Motley Fool","summary":"Whether the market is hot or not, these are some ways you can find good stocks to buy.","content":"<p>Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is that it could be at or near its peak. And if that happens, your return on the investment can be limited -- or negative -- even if the underlying business isn't bad.</p>\n<p>Below, I'll cover three effective strategies I've used to identify stocks that are potentially undervalued. Whether the market is red hot or struggling, they can be effective in either scenario.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f94e1247acad42c21ee75869932e8f10\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>1. Finding large gaps between trailing and forward earnings multiples</h2>\n<p>The price-to-earnings (P/E) ratio is a useful multiple that you can use to compare stocks. The problem is that even <a href=\"https://laohu8.com/S/AONE.U\">one</a> bad quarter can negatively impact this number. Whether it's a big acquisition or the coronavirus pandemic, a company's results can look significantly worse than they otherwise should. One way to find this type of discrepancy is by comparing the trailing P/E, which looks at a company's earnings over the past 12 months vs. its <i>forward&nbsp;</i>P/E, which factors in the earnings that analysts expect from the business over the next year.</p>\n<p>A stock that trades at a high trailing P/E but a low forward P/E is one that could be undervalued. With soft earnings numbers, its trailing P/E won't look so great. One stock that you can find using this approach is&nbsp;healthcare company&nbsp;<b>Merck</b> (NYSE:MRK). The stock's trailing P/E is over 35 but its forward P/E is less than 15. The drugmaker's revenue of $48 billion in 2020 was up just 2.4% from the previous year and net income of $7.1 billion declined by 28%.</p>\n<p>Management says that without the negative impacts of the pandemic (people have been forgoing regular care amid COVID-19 and even cancer diagnoses declined significantly last year), the growth rate for the top line would have been closer to 9%. Now, with vaccination rates increasing, there's hope that COVID-19 will be less of a disruptor in the future for the healthcare industry. And that's why Merck could be an intriguing option right now and a strong recovery play. In addition, with the recent spinoff of <b>Organon</b>, which focuses on women's health, Merck expects to benefit from operating efficiencies of $500 million this year and $1.5 billion in total over the next three years.</p>\n<p>Merck is an example of a company that may look overvalued right now but could be a much better buy over the next 12 months.</p>\n<h2>2. Using the Relative Strength Index to find oversold stocks</h2>\n<p>One technical indicator I use to find value is the Relative Strength Index (RSI). It looks at a stock's price movement (typically over the past 14 days) and compares its losses and gains over that time. As the losses significantly outweigh the gains, the number gets smaller. On a 0-100 scale, once it falls below 30, a stock is considered to be oversold. It is a momentum indicator that can be useful because it can identify a situation where investors have been overly bearish on a stock of late. It doesn't mean that every stock will turn around, but for pre-vetted companies on your watch list that fall into oversold territory, it can be a sign that now might be a good time to buy.</p>\n<p>Using this criteria, you can find a solid growth stock like beverage giant <b>The Boston Beer Company&nbsp;</b>(NYSE:SAM), which has fallen sharply since the release of second-quarter results in July when its numbers fell short of analyst expectations. The growth in its hard seltzer segment simply wasn't as strong as it was in the past, and investors may have been overreacting to what still is a promising investment. A number of analysts see the stock rising over 70% within the next two years.</p>\n<p>RSI isn't a surefire way to find a winning stock; some companies fall in value sharply for valid reasons and their businesses could be in trouble. But if you've already reviewed a company and know it is a quality investment, using RSI can be a way to help zero in on the right time to buy it as oftentimes negative press can weigh a stock down more than it should. For investors who can look past that, it may create an attractive buying opportunity.</p>\n<h2>3. Buying on bad news</h2>\n<p>Investing in a company that has been receiving negative press -- and is down as a result -- is another way you can find some value. It may end up leading to a stock that falls into oversold territory, but it's not always a steep enough decline to get there. Here again, context is important. If the negative press involves the company's core business and its outlook for the future, that could very well be a problem. But if the prospects for the business remain strong, it can be worth buying amid the controversy.</p>\n<p>One example here is <b>Trulieve Cannabis</b>, which is down sharply from its 52-week high. The maker of cannabis products has been struggling of late not because of poor results or even anything the business is doing wrong. Rather, shares have been tanking because the husband of the company's CEO was convicted on multiple charges. Even though there's no reason at this point to suggest Trulieve is in any trouble, the stock has still felt the effects of the negative press. For a cannabis company that is a major player in the growing marijuana industry, now could be a prime time to consider buying shares of the business.</p>\n<p>Bad news can appear concerning over the short term but a distant memory years later. In 2018, when a privacy scandal involving social media company <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> and consulting firm Cambridge Analytica came out, investors could have bought shares of Facebook for around $150 in the days and weeks following the news. Today, the stock trades at more than double that price.</p>\n<p>The next time you see a negative headline on the news involving a business, consider whether it will impact its long-term growth prospects and ability to generate a profit. If it doesn't and the stock is down heavily because of the press, that could be a sign that it may be worth taking a contrarian stance on it and buying shares even as it falls in value. It may be a tough decision, but it's one that can pay off later.</p>","source":"fool_stock","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>3 Effective Strategies for Finding Value in Any 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\">\n3 Effective Strategies for Finding Value in Any Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 11:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166345008","content_text":"Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is that it could be at or near its peak. And if that happens, your return on the investment can be limited -- or negative -- even if the underlying business isn't bad.\nBelow, I'll cover three effective strategies I've used to identify stocks that are potentially undervalued. Whether the market is red hot or struggling, they can be effective in either scenario.\nImage source: Getty Images.\n1. Finding large gaps between trailing and forward earnings multiples\nThe price-to-earnings (P/E) ratio is a useful multiple that you can use to compare stocks. The problem is that even one bad quarter can negatively impact this number. Whether it's a big acquisition or the coronavirus pandemic, a company's results can look significantly worse than they otherwise should. One way to find this type of discrepancy is by comparing the trailing P/E, which looks at a company's earnings over the past 12 months vs. its forward P/E, which factors in the earnings that analysts expect from the business over the next year.\nA stock that trades at a high trailing P/E but a low forward P/E is one that could be undervalued. With soft earnings numbers, its trailing P/E won't look so great. One stock that you can find using this approach is healthcare company Merck (NYSE:MRK). The stock's trailing P/E is over 35 but its forward P/E is less than 15. The drugmaker's revenue of $48 billion in 2020 was up just 2.4% from the previous year and net income of $7.1 billion declined by 28%.\nManagement says that without the negative impacts of the pandemic (people have been forgoing regular care amid COVID-19 and even cancer diagnoses declined significantly last year), the growth rate for the top line would have been closer to 9%. Now, with vaccination rates increasing, there's hope that COVID-19 will be less of a disruptor in the future for the healthcare industry. And that's why Merck could be an intriguing option right now and a strong recovery play. In addition, with the recent spinoff of Organon, which focuses on women's health, Merck expects to benefit from operating efficiencies of $500 million this year and $1.5 billion in total over the next three years.\nMerck is an example of a company that may look overvalued right now but could be a much better buy over the next 12 months.\n2. Using the Relative Strength Index to find oversold stocks\nOne technical indicator I use to find value is the Relative Strength Index (RSI). It looks at a stock's price movement (typically over the past 14 days) and compares its losses and gains over that time. As the losses significantly outweigh the gains, the number gets smaller. On a 0-100 scale, once it falls below 30, a stock is considered to be oversold. It is a momentum indicator that can be useful because it can identify a situation where investors have been overly bearish on a stock of late. It doesn't mean that every stock will turn around, but for pre-vetted companies on your watch list that fall into oversold territory, it can be a sign that now might be a good time to buy.\nUsing this criteria, you can find a solid growth stock like beverage giant The Boston Beer Company (NYSE:SAM), which has fallen sharply since the release of second-quarter results in July when its numbers fell short of analyst expectations. The growth in its hard seltzer segment simply wasn't as strong as it was in the past, and investors may have been overreacting to what still is a promising investment. A number of analysts see the stock rising over 70% within the next two years.\nRSI isn't a surefire way to find a winning stock; some companies fall in value sharply for valid reasons and their businesses could be in trouble. But if you've already reviewed a company and know it is a quality investment, using RSI can be a way to help zero in on the right time to buy it as oftentimes negative press can weigh a stock down more than it should. For investors who can look past that, it may create an attractive buying opportunity.\n3. Buying on bad news\nInvesting in a company that has been receiving negative press -- and is down as a result -- is another way you can find some value. It may end up leading to a stock that falls into oversold territory, but it's not always a steep enough decline to get there. Here again, context is important. If the negative press involves the company's core business and its outlook for the future, that could very well be a problem. But if the prospects for the business remain strong, it can be worth buying amid the controversy.\nOne example here is Trulieve Cannabis, which is down sharply from its 52-week high. The maker of cannabis products has been struggling of late not because of poor results or even anything the business is doing wrong. Rather, shares have been tanking because the husband of the company's CEO was convicted on multiple charges. Even though there's no reason at this point to suggest Trulieve is in any trouble, the stock has still felt the effects of the negative press. For a cannabis company that is a major player in the growing marijuana industry, now could be a prime time to consider buying shares of the business.\nBad news can appear concerning over the short term but a distant memory years later. In 2018, when a privacy scandal involving social media company Facebook and consulting firm Cambridge Analytica came out, investors could have bought shares of Facebook for around $150 in the days and weeks following the news. Today, the stock trades at more than double that price.\nThe next time you see a negative headline on the news involving a business, consider whether it will impact its long-term growth prospects and ability to generate a profit. If it doesn't and the stock is down heavily because of the press, that could be a sign that it may be worth taking a contrarian stance on it and buying shares even as it falls in value. It may be a tough decision, but it's one that can pay off later.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803010936,"gmtCreate":1627396125525,"gmtModify":1631887209842,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Oh! Get a life","listText":"Oh! Get a life","text":"Oh! Get a life","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803010936","repostId":"2154156259","repostType":4,"repost":{"id":"2154156259","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627395771,"share":"https://www.laohu8.com/m/news/2154156259?lang=&edition=full","pubTime":"2021-07-27 22:22","market":"us","language":"en","title":"Facebook will restrict ad targeting of under-18s","url":"https://stock-news.laohu8.com/highlight/detail?id=2154156259","media":"Reuters","summary":"July 27 (Reuters) - Facebook Inc will stop allowing advertisers to target people under 18 on its pla","content":"<p>July 27 (Reuters) - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.</p>\n<p>The change means advertisers will soon be able to target under-18s only by age, gender or location on Facebook, its Messenger service and its photo-sharing platform Instagram. In a blog post, Instagram said it was making the change because it agreed with youth advocates that young people might not be equipped to make decisions about targeting.</p>\n<p>Instagram users under 16 years old will also start to be defaulted into having a private account when they join the platform, the company said, in an effort to stop unwanted contact from adults. They will still be given the option, however, to switch to a public account and current users can keep their account as public.</p>\n<p>Facebook's approach to younger users has been in the spotlight after U.S. lawmakers and attorneys general slammed its leaked plans to launch a version of Instagram for children under 13. Earlier this year, a group of more than 40 state attorneys general wrote to CEO Mark Zuckerberg asking him to ditch the idea.</p>\n<p>The company said on Tuesday it was working on an \"Instagram experience for tweens.\" It has said the idea of a youth-focused app is to provide parents greater transparency and controls on what younger children who want to access Instagram are doing.</p>\n<p>Several major social media companies have also rolled out versions of their apps for younger audiences, from Facebook's Messenger Kids to Alphabet Inc -owned YouTube Kids.</p>\n<p>Proponents argue that children are already on a platform and so a family-friendly version provides a safer environment, but critics say Facebook should not be trying to hook young kids on its services due to risks to their development, mental health and privacy.</p>\n<p>Age verification of children is an issue on many social media sites, which prohibit kids under 13 but often fail to identify and remove underage users. In a separate blog on Tuesday, Facebook's head of youth products, Pavni Diwanji, said it was using artificial intelligence to improve this verification and remove underage accounts.</p>\n<p>Instagram also said it was making it harder in several countries for adults who have shown potentially suspicious behavior - such as recently being reported by a young user - to find young people's accounts, either through searching user names or having the accounts suggested to them. It said it would prevent such adults from seeing comments from young people on others' posts and that the adults would not be able to leave comments on the posts of young people.</p>","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>Facebook will restrict ad targeting of under-18s</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\">\nFacebook will restrict ad targeting of under-18s\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-27 22:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 27 (Reuters) - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.</p>\n<p>The change means advertisers will soon be able to target under-18s only by age, gender or location on Facebook, its Messenger service and its photo-sharing platform Instagram. In a blog post, Instagram said it was making the change because it agreed with youth advocates that young people might not be equipped to make decisions about targeting.</p>\n<p>Instagram users under 16 years old will also start to be defaulted into having a private account when they join the platform, the company said, in an effort to stop unwanted contact from adults. They will still be given the option, however, to switch to a public account and current users can keep their account as public.</p>\n<p>Facebook's approach to younger users has been in the spotlight after U.S. lawmakers and attorneys general slammed its leaked plans to launch a version of Instagram for children under 13. Earlier this year, a group of more than 40 state attorneys general wrote to CEO Mark Zuckerberg asking him to ditch the idea.</p>\n<p>The company said on Tuesday it was working on an \"Instagram experience for tweens.\" It has said the idea of a youth-focused app is to provide parents greater transparency and controls on what younger children who want to access Instagram are doing.</p>\n<p>Several major social media companies have also rolled out versions of their apps for younger audiences, from Facebook's Messenger Kids to Alphabet Inc -owned YouTube Kids.</p>\n<p>Proponents argue that children are already on a platform and so a family-friendly version provides a safer environment, but critics say Facebook should not be trying to hook young kids on its services due to risks to their development, mental health and privacy.</p>\n<p>Age verification of children is an issue on many social media sites, which prohibit kids under 13 but often fail to identify and remove underage users. In a separate blog on Tuesday, Facebook's head of youth products, Pavni Diwanji, said it was using artificial intelligence to improve this verification and remove underage accounts.</p>\n<p>Instagram also said it was making it harder in several countries for adults who have shown potentially suspicious behavior - such as recently being reported by a young user - to find young people's accounts, either through searching user names or having the accounts suggested to them. It said it would prevent such adults from seeing comments from young people on others' posts and that the adults would not be able to leave comments on the posts of young people.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154156259","content_text":"July 27 (Reuters) - Facebook Inc will stop allowing advertisers to target people under 18 on its platforms based on their interests or their activity on other sites, it said on Tuesday in a slew of announcements about young users.\nThe change means advertisers will soon be able to target under-18s only by age, gender or location on Facebook, its Messenger service and its photo-sharing platform Instagram. In a blog post, Instagram said it was making the change because it agreed with youth advocates that young people might not be equipped to make decisions about targeting.\nInstagram users under 16 years old will also start to be defaulted into having a private account when they join the platform, the company said, in an effort to stop unwanted contact from adults. They will still be given the option, however, to switch to a public account and current users can keep their account as public.\nFacebook's approach to younger users has been in the spotlight after U.S. lawmakers and attorneys general slammed its leaked plans to launch a version of Instagram for children under 13. Earlier this year, a group of more than 40 state attorneys general wrote to CEO Mark Zuckerberg asking him to ditch the idea.\nThe company said on Tuesday it was working on an \"Instagram experience for tweens.\" It has said the idea of a youth-focused app is to provide parents greater transparency and controls on what younger children who want to access Instagram are doing.\nSeveral major social media companies have also rolled out versions of their apps for younger audiences, from Facebook's Messenger Kids to Alphabet Inc -owned YouTube Kids.\nProponents argue that children are already on a platform and so a family-friendly version provides a safer environment, but critics say Facebook should not be trying to hook young kids on its services due to risks to their development, mental health and privacy.\nAge verification of children is an issue on many social media sites, which prohibit kids under 13 but often fail to identify and remove underage users. In a separate blog on Tuesday, Facebook's head of youth products, Pavni Diwanji, said it was using artificial intelligence to improve this verification and remove underage accounts.\nInstagram also said it was making it harder in several countries for adults who have shown potentially suspicious behavior - such as recently being reported by a young user - to find young people's accounts, either through searching user names or having the accounts suggested to them. It said it would prevent such adults from seeing comments from young people on others' posts and that the adults would not be able to leave comments on the posts of young people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893976358,"gmtCreate":1628234307674,"gmtModify":1631891264766,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Skillz has its name implies = SKILL","listText":"Skillz has its name implies = SKILL","text":"Skillz has its name implies = SKILL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893976358","repostId":"2157837430","repostType":4,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191433128,"gmtCreate":1620896935264,"gmtModify":1634195478323,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Care for early warning system? Will notch tis","listText":"Care for early warning system? Will notch tis","text":"Care for early warning system? Will notch tis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/191433128","repostId":"1186620588","repostType":4,"repost":{"id":"1186620588","kind":"news","pubTimestamp":1620915120,"share":"https://www.laohu8.com/m/news/1186620588?lang=&edition=full","pubTime":"2021-05-13 22:12","market":"us","language":"en","title":"3 Compelling Reasons to Avoid AMC Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1186620588","media":"InvestorPlace","summary":"Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic pl","content":"<blockquote><b>Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.</b></blockquote><p>The pandemic hasn’t been easy for anyone, but it has been the toughest for<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.</p><p><img src=\"https://static.tigerbbs.com/8f6efae0485c393819ccba85f126d7f7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Helen89 / Shutterstock.com</p><p>The stock went from $2 to hit a high of $20 in January 2021 but has fallen since then. It continues to attract speculative interest and has risen significantly since the beginning of 2021. AMC stock is currently exchanging hands at $10.34, as of midday May 12, but I do not think the stock is worth your money nor your time. There is a lot going wrong for AMC and it may have been able to avoid bankruptcy, but its fundamentals are shaky. With that in mind, let’s take a look at the 3 reasons to avoid AMC stock.</p><p><b>Poor Fundamentals</b></p><p>AMC Entertainment recentlyreported the first quarter earnings&nbsp;and it incurred a loss of $567.2 million. Despite reopening most of its treaters, the company reported a loss of $1.42 a share which is higher than the $1.31 expected by the analysts. The revenue stood at $148.3 million which is a huge decline from the first quarter in 2020 while the cash balance was $813 million.</p><p>Even before the pandemic, the company’s business was flat. Even if we assume that moviegoers head to the theatres in the coming quarter, we must not expect impressive sales or revenue numbers.</p><p>It may take the entire year for the company to report strong revenue numbers. Considering the current capacity restraints, it is hard to expect the company to generate higher revenue and sales.</p><p><b>Heavy dilution</b></p><p>To survive the pandemic, AMC Entertainment has been burning a significant amount of cash and it has raised the cash through dilution. It may work well for the company but is harming the shareholders.</p><p>The company had earlier proposed the issue of 500 shares but scrapped it for the year and is planning to issue another 43 million shares. The company has quadrupled the share count in 2020. With each dilution, shareholders are losing value and investors are losing interest in the company. If AMC continues todilute the shares, there will be fewer takers for AMC stock in the future because it is a no-win scenario for investors.</p><p><b>Stiff competition</b></p><p>One cannot deny the fact that AMC Entertainment has stiff competition to handle. With a surge in OTT platforms and changing preferences of consumers, the theatre chain may not enjoy full movie rights from studios. Its biggest competition is with<b>Disney</b>&nbsp;(NYSE:<b><u>DIS</u></b>) who is making strong moves to continue using the Disney+ streaming service for new movies. It has entered into anagreement with Sonyfor the streaming of movies after the theatrical releases.</p><p>Consumers will be less willing to pay for a movie they can watch from the comfort of their homes. Several OTT platforms will be directly releasing movies without giving them a theatrical launch. Most of us are used to spending time at home and we have become accustomed to enjoying entertainment on our couches. Who would be willing to pay for a movie that is available at your home at your convenience?</p><p><b>The bottom line on AMC stock</b></p><p>If you are looking for a post-pandemic play, avoid AMC stock. There are several other options to consider.</p><p>Weak financials and changing consumer preferences make AMC a poor choice. The company will continue to face competition in the future, and will have to fight for a smaller number of customers to generate revenues. It could maintain a presence in the market and may even go high based on speculation, but it will not last long enough to generate higher revenues.</p><p>In short, avoid AMC stock this year.</p><p><i>On the date of publication, Vandita Jadeja did not have (either directly or indirectly) any positions in the securities mentioned in this article.</i></p><p>AMC rose nearly 13% in early market trading.</p><p><img src=\"https://static.tigerbbs.com/b44c7994990a17ad22e1db8d6a10a4b8\" tg-width=\"769\" tg-height=\"564\"></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>3 Compelling Reasons to Avoid AMC Stock</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\">\n3 Compelling Reasons to Avoid AMC Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.The pandemic hasn’t been easy for anyone, but it has been the toughest forAMC Entertainment(NYSE:...</p>\n\n<a href=\"https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186620588","content_text":"Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.The pandemic hasn’t been easy for anyone, but it has been the toughest forAMC Entertainment(NYSE:AMC). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.Source: Helen89 / Shutterstock.comThe stock went from $2 to hit a high of $20 in January 2021 but has fallen since then. It continues to attract speculative interest and has risen significantly since the beginning of 2021. AMC stock is currently exchanging hands at $10.34, as of midday May 12, but I do not think the stock is worth your money nor your time. There is a lot going wrong for AMC and it may have been able to avoid bankruptcy, but its fundamentals are shaky. With that in mind, let’s take a look at the 3 reasons to avoid AMC stock.Poor FundamentalsAMC Entertainment recentlyreported the first quarter earnings and it incurred a loss of $567.2 million. Despite reopening most of its treaters, the company reported a loss of $1.42 a share which is higher than the $1.31 expected by the analysts. The revenue stood at $148.3 million which is a huge decline from the first quarter in 2020 while the cash balance was $813 million.Even before the pandemic, the company’s business was flat. Even if we assume that moviegoers head to the theatres in the coming quarter, we must not expect impressive sales or revenue numbers.It may take the entire year for the company to report strong revenue numbers. Considering the current capacity restraints, it is hard to expect the company to generate higher revenue and sales.Heavy dilutionTo survive the pandemic, AMC Entertainment has been burning a significant amount of cash and it has raised the cash through dilution. It may work well for the company but is harming the shareholders.The company had earlier proposed the issue of 500 shares but scrapped it for the year and is planning to issue another 43 million shares. The company has quadrupled the share count in 2020. With each dilution, shareholders are losing value and investors are losing interest in the company. If AMC continues todilute the shares, there will be fewer takers for AMC stock in the future because it is a no-win scenario for investors.Stiff competitionOne cannot deny the fact that AMC Entertainment has stiff competition to handle. With a surge in OTT platforms and changing preferences of consumers, the theatre chain may not enjoy full movie rights from studios. Its biggest competition is withDisney (NYSE:DIS) who is making strong moves to continue using the Disney+ streaming service for new movies. It has entered into anagreement with Sonyfor the streaming of movies after the theatrical releases.Consumers will be less willing to pay for a movie they can watch from the comfort of their homes. Several OTT platforms will be directly releasing movies without giving them a theatrical launch. Most of us are used to spending time at home and we have become accustomed to enjoying entertainment on our couches. Who would be willing to pay for a movie that is available at your home at your convenience?The bottom line on AMC stockIf you are looking for a post-pandemic play, avoid AMC stock. There are several other options to consider.Weak financials and changing consumer preferences make AMC a poor choice. The company will continue to face competition in the future, and will have to fight for a smaller number of customers to generate revenues. It could maintain a presence in the market and may even go high based on speculation, but it will not last long enough to generate higher revenues.In short, avoid AMC stock this year.On the date of publication, Vandita Jadeja did not have (either directly or indirectly) any positions in the securities mentioned in this article.AMC rose nearly 13% in early market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889580645,"gmtCreate":1631158025588,"gmtModify":1631891264761,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"\"Chipping\" all the way to the bank","listText":"\"Chipping\" all the way to the bank","text":"\"Chipping\" all the way to the bank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889580645","repostId":"1135345797","repostType":4,"repost":{"id":"1135345797","kind":"news","pubTimestamp":1631156729,"share":"https://www.laohu8.com/m/news/1135345797?lang=&edition=full","pubTime":"2021-09-09 11:05","market":"us","language":"en","title":"Micron Is Too Cheap To Ignore","url":"https://stock-news.laohu8.com/highlight/detail?id=1135345797","media":"Seeking Alpha","summary":"I invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.Micron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.Micron Technology is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.Micron is one of the l","content":"<p><b>Summary</b></p>\n<ul>\n <li>I invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.</li>\n <li>Micron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.</li>\n <li>Its valuation at less than 7x forward earnings is very undemanding and makes it a good cyclical play in the semiconductor industry.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea6943b055b8a3f717a6e1f6c038c065\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Micron Technology</b>(MU) is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.</p>\n<p><b>Company Overview</b></p>\n<p>Micron&nbsp;is one of the largest semiconductor companies in the world, measured by its more than $21 billion in revenues generated last year. The company is focused on the memory and storage products segment, through its DRAM, NAND and NOR technologies. By technology, DRAM is by far the most important one, being responsible for more than two thirds of Micron's revenues.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7be545bd7d6fd523fcb30ebd5c8171d1\" tg-width=\"1007\" tg-height=\"230\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>Micron was founded in 1978 and is nowadays present in some 17 countries around the world and has 13 manufacturing sites and 14 customer labs in the U.S., China&nbsp;Mainland, Taiwan and other areas. It is traded on the NASDAQ and has a market value of about $83 billion.</p>\n<p>The semiconductor industry faces fierce competition and this means that for Micron to remain competitive it must invest continuously in new products and technologies to differentiate itself from other players. Its closest competitors are&nbsp;<b>Samsung Electronics</b>(OTC:SSNLF) and SK Hynix, two companies based in South Korea, thus manufacturing costs is also an important factor for Micron to be competitive in the marketplace. According to Statista, Samsung is the largest player in this market segment, followed by SK and Micron, while other players have much smaller market shares.</p>\n<p>Even though the semiconductor industry is generally considered to be a cyclical industry, its prospects are quite good due to new technologies that are expected to boost demand over the next few years.</p>\n<p><b>Growth</b></p>\n<p>As I've analyzed in a previous article on \"ASML: A Fantastic Company For Long-Term Investors\", the semiconductor industry has very good long-term growth prospects due to several sources of innovation that should support growth for many years down the road.</p>\n<p>Modern technology is constantly changing and new developments are constantly pushing for new applications of microchips, including memory and storage. The volume of data is expected to grow strongly over the coming years, through technological advances like 5G, Big Data, autonomous vehicles, the internet of things, beyond others. This backdrop is very positive for Micron's growth, being specifically exposed to secular growth trends of AI, 5G, machine learning and autonomous vehicles.</p>\n<p>This means that Micron is directly exposed to several growth sources over the coming years and its total addressable market is expected to increase substantially over the next decade. This secular growth trend was even accelerated by the coronavirus pandemic, with demand for gaming, laptops and other products increasing rapidly, being a strong cyclical support for Micron's growth beyond its secular growth tailwinds.</p>\n<p>According to&nbsp;MarketWatch, the semiconductor memory market is expected to be around $134 in annual sales by 2027, a compounded annual growth rate of 5.9% from 2021-27. Even though this is a positive backdrop, the overall semiconductor industry is projected to grow at a CAGR of 8.6% during 2021-28, thus the memory market may not be the best sub-sector to be exposed to secular growth trends supporting this industry over the coming years. However, Micron has a higher estimate of the total available market for memory and storage by 2024, thus growth opportunities for the company may be higher than what the market is currently expecting.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58b60021e186ca242433f7923d10fbb7\" tg-width=\"380\" tg-height=\"315\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>Despite good growth prospects over the coming years, the memory and storage segment is usually considered more cyclical than other segments and costumers are structurally reluctant to enter into long-term, fixed-price commitments. This means that Micron is highly exposed to the supply/demand situation in the market and its pricing power is somewhat low over the medium to long term.</p>\n<p>Beyond that, the company also accepts orders that may be adjusted in terms of pricing by the time of shipment, showing that even in the short-term its pricing power is rather low. This is also why the company does not consider its order backlog to be a good indicator of future sales, which means that forecasting Micron's revenues and earnings in a time frame of 3-5 years is a tough exercise that most likely will be incorrect compared to the actual numbers the company will report in the succeeding periods.</p>\n<p><b>Financial Overview</b></p>\n<p>Regarding its financial performance, Micron has a mixed history showing that its business is clearly cyclical and can report strong swings on an annual basis. Indeed, even though Micron's revenues have increased at a compounded annual growth rate (CAGR) of 17.4% from fiscal years (FY) 2016-20 (which end s in September), its revenues declined by 23% in FY 2019 and 8.4% in FY 2020. Moreover, its net income is also highly volatile, reporting $14 billion in FY 2018 and only $2.7 billion in FY 2020.</p>\n<p>This clearly shows that Micron is highly exposed to the ups and downs of the market, which can change quite dramatically in a short period of time. This can also be seen by Micron's long-term trend of its EBITDA margin, which is highly volatile even though it has consistently improved over the years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459155c1caccc19e677c71474158f979\" tg-width=\"291\" tg-height=\"286\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>More recently, Micron's business has been on a better operating momentum, to some extent driven by the pandemic, with demand for consumer electronics increasing substantially across the globe, which was a strong tailwind for the memory and storage chip market, while other segments reported lower demand, such as automotive.</p>\n<p>This mixed backdrop resulted in lower revenues during the&nbsp;FY 2020, due to a large extent from lower DRAM prices that impacted negatively Micron's revenues and gross margin, Its revenues amounted to $21.4 billion (-8.4% YoY) and its gross margin declined to 31% (vs. 46% in FY 2019). Sales of NAND products increased during the year, boosted by data center customers, but were not enough to offset weakness in the DRAM segment. Regarding costs and R&amp;D, Micron has a good discipline and these costs did not increase significantly compared to the previous year. Micron's bottom-line declined by 57% YoY to $2.7 billion, and its EPS was $2.37 (vs. $5.51 per share in FY 2019).</p>\n<p>During the first nine months of FY 2021, Micron has reported a very strong operating momentum which has enabled it to offset the loss of Huawei as a costumer due to U.S. sanctions (it represented about 12% of Micron's revenues in FY 2019).</p>\n<p>In the&nbsp;third quarter of FY 2021, its revenues were 7.4 billion (+36% YoY) boosted by DRAM that reported revenue growth of 52% YoY, due to higher volumes and prices, while NAND's revenues were up by 9% YoY. Its net income more than double from the third quarter of FY 2020, to $2.17 billion, and its net profit margin improved to 29% (vs. 17% in the same quarter of last year). Its free cash flow was $1.5 billion in the quarter, a very good level of cash flow generation compared to accounting profit.</p>\n<p>Going forward, Micron is very positive about the demand outlook in the memory segment, supported by data center costumers and new product developments that should support volume growth in the coming years. On the other hand, there is some negative sentiment in the market about future memory prices, which would be negative for the company's revenue growth in the coming quarters. For instance, a&nbsp;<b>Morgan Stanley</b>(MS) analyst has recently downgraded Micron because he expect s DRAM prices to be in a late stage cycle has the supply-demand situation is becoming more balanced.</p>\n<p>Nevertheless, according to&nbsp;analysts' estimates, Micron should report higher revenues in FY 2022 and FY 2023 (to $36.7 billion and $40 billion, respectively) and the business is only expected to slow down thereafter. Its bottom-line is estimated to go up by 86% YoY in FY 2022, but to drop in the following years, which show to some extent that Micron's current strong growth may not be sustainable over the medium term.</p>\n<p>Regarding its balance sheet, Micron has a good situation, given that its net cash position was around $3.1 billion at the end of last quarter, thus its financial profile is strong and it can return excess capital to shareholders.</p>\n<p>Indeed, Micron has performed historically share buybacks, but more recently decided to start distributing a&nbsp;dividend, which shows some confidence about the company's future business prospects and its ability to return capital to shareholders in a recurring basis. Its quarterly dividend was set at only $0.10 per share, which lead to a modest dividend yield, but the goal is to gradually increase the dividend over the next few years.</p>\n<p><b>Bottom Line</b></p>\n<p>Micron is reporting strong growth and medium-term prospects are good due to several growth trends of AI, 5G and others. However, the memory market is highly cyclical and there are some worries that its current strong trend may not last much.</p>\n<p>The semiconductor industry has secular long-term growth prospects, but in my opinion the best way to invest in this theme is through companies that have some sort of competitive advantage and pricing power, such as&nbsp;<b>ASML</b>(ASML) that has a monopoly in the EUV technology. Micron does not fit that criteria and for that reason I was inclined to avoid it.</p>\n<p>However, I find its&nbsp;valuation&nbsp;as ridiculously cheap, given that based on 2022 and 2023 earnings it is currently trading at less than 7x forward earnings. This is extremely undemanding and even if earnings estimates come down somewhat, Micron would still be trading at a much lower valuation than its peers and its own historical average (about 11.5x over the past five years).</p>\n<p>This means that even though Micron is a cyclical play within the semiconductor industry (my investment approach is to buy mainly secular growth companies), its valuation is too much cheap to ignore and upside potential looks good if pricing in the memory market remains strong. I have bought a small stake in Micron (about 3% of my portfolio) and intend to hold it for a while, but if pricing in the memory market starts to show weakness I most likely will sell my stake.</p>","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>Micron Is Too Cheap To Ignore</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\">\nMicron Is Too Cheap To Ignore\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.\nMicron is reporting strong growth in the past few ...</p>\n\n<a href=\"https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135345797","content_text":"Summary\n\nI invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.\nMicron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.\nIts valuation at less than 7x forward earnings is very undemanding and makes it a good cyclical play in the semiconductor industry.\n\nSundry Photography/iStock Editorial via Getty Images\nMicron Technology(MU) is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.\nCompany Overview\nMicron is one of the largest semiconductor companies in the world, measured by its more than $21 billion in revenues generated last year. The company is focused on the memory and storage products segment, through its DRAM, NAND and NOR technologies. By technology, DRAM is by far the most important one, being responsible for more than two thirds of Micron's revenues.\nSource: Micron.\nMicron was founded in 1978 and is nowadays present in some 17 countries around the world and has 13 manufacturing sites and 14 customer labs in the U.S., China Mainland, Taiwan and other areas. It is traded on the NASDAQ and has a market value of about $83 billion.\nThe semiconductor industry faces fierce competition and this means that for Micron to remain competitive it must invest continuously in new products and technologies to differentiate itself from other players. Its closest competitors are Samsung Electronics(OTC:SSNLF) and SK Hynix, two companies based in South Korea, thus manufacturing costs is also an important factor for Micron to be competitive in the marketplace. According to Statista, Samsung is the largest player in this market segment, followed by SK and Micron, while other players have much smaller market shares.\nEven though the semiconductor industry is generally considered to be a cyclical industry, its prospects are quite good due to new technologies that are expected to boost demand over the next few years.\nGrowth\nAs I've analyzed in a previous article on \"ASML: A Fantastic Company For Long-Term Investors\", the semiconductor industry has very good long-term growth prospects due to several sources of innovation that should support growth for many years down the road.\nModern technology is constantly changing and new developments are constantly pushing for new applications of microchips, including memory and storage. The volume of data is expected to grow strongly over the coming years, through technological advances like 5G, Big Data, autonomous vehicles, the internet of things, beyond others. This backdrop is very positive for Micron's growth, being specifically exposed to secular growth trends of AI, 5G, machine learning and autonomous vehicles.\nThis means that Micron is directly exposed to several growth sources over the coming years and its total addressable market is expected to increase substantially over the next decade. This secular growth trend was even accelerated by the coronavirus pandemic, with demand for gaming, laptops and other products increasing rapidly, being a strong cyclical support for Micron's growth beyond its secular growth tailwinds.\nAccording to MarketWatch, the semiconductor memory market is expected to be around $134 in annual sales by 2027, a compounded annual growth rate of 5.9% from 2021-27. Even though this is a positive backdrop, the overall semiconductor industry is projected to grow at a CAGR of 8.6% during 2021-28, thus the memory market may not be the best sub-sector to be exposed to secular growth trends supporting this industry over the coming years. However, Micron has a higher estimate of the total available market for memory and storage by 2024, thus growth opportunities for the company may be higher than what the market is currently expecting.\nSource: Micron.\nDespite good growth prospects over the coming years, the memory and storage segment is usually considered more cyclical than other segments and costumers are structurally reluctant to enter into long-term, fixed-price commitments. This means that Micron is highly exposed to the supply/demand situation in the market and its pricing power is somewhat low over the medium to long term.\nBeyond that, the company also accepts orders that may be adjusted in terms of pricing by the time of shipment, showing that even in the short-term its pricing power is rather low. This is also why the company does not consider its order backlog to be a good indicator of future sales, which means that forecasting Micron's revenues and earnings in a time frame of 3-5 years is a tough exercise that most likely will be incorrect compared to the actual numbers the company will report in the succeeding periods.\nFinancial Overview\nRegarding its financial performance, Micron has a mixed history showing that its business is clearly cyclical and can report strong swings on an annual basis. Indeed, even though Micron's revenues have increased at a compounded annual growth rate (CAGR) of 17.4% from fiscal years (FY) 2016-20 (which end s in September), its revenues declined by 23% in FY 2019 and 8.4% in FY 2020. Moreover, its net income is also highly volatile, reporting $14 billion in FY 2018 and only $2.7 billion in FY 2020.\nThis clearly shows that Micron is highly exposed to the ups and downs of the market, which can change quite dramatically in a short period of time. This can also be seen by Micron's long-term trend of its EBITDA margin, which is highly volatile even though it has consistently improved over the years.\nSource: Micron.\nMore recently, Micron's business has been on a better operating momentum, to some extent driven by the pandemic, with demand for consumer electronics increasing substantially across the globe, which was a strong tailwind for the memory and storage chip market, while other segments reported lower demand, such as automotive.\nThis mixed backdrop resulted in lower revenues during the FY 2020, due to a large extent from lower DRAM prices that impacted negatively Micron's revenues and gross margin, Its revenues amounted to $21.4 billion (-8.4% YoY) and its gross margin declined to 31% (vs. 46% in FY 2019). Sales of NAND products increased during the year, boosted by data center customers, but were not enough to offset weakness in the DRAM segment. Regarding costs and R&D, Micron has a good discipline and these costs did not increase significantly compared to the previous year. Micron's bottom-line declined by 57% YoY to $2.7 billion, and its EPS was $2.37 (vs. $5.51 per share in FY 2019).\nDuring the first nine months of FY 2021, Micron has reported a very strong operating momentum which has enabled it to offset the loss of Huawei as a costumer due to U.S. sanctions (it represented about 12% of Micron's revenues in FY 2019).\nIn the third quarter of FY 2021, its revenues were 7.4 billion (+36% YoY) boosted by DRAM that reported revenue growth of 52% YoY, due to higher volumes and prices, while NAND's revenues were up by 9% YoY. Its net income more than double from the third quarter of FY 2020, to $2.17 billion, and its net profit margin improved to 29% (vs. 17% in the same quarter of last year). Its free cash flow was $1.5 billion in the quarter, a very good level of cash flow generation compared to accounting profit.\nGoing forward, Micron is very positive about the demand outlook in the memory segment, supported by data center costumers and new product developments that should support volume growth in the coming years. On the other hand, there is some negative sentiment in the market about future memory prices, which would be negative for the company's revenue growth in the coming quarters. For instance, a Morgan Stanley(MS) analyst has recently downgraded Micron because he expect s DRAM prices to be in a late stage cycle has the supply-demand situation is becoming more balanced.\nNevertheless, according to analysts' estimates, Micron should report higher revenues in FY 2022 and FY 2023 (to $36.7 billion and $40 billion, respectively) and the business is only expected to slow down thereafter. Its bottom-line is estimated to go up by 86% YoY in FY 2022, but to drop in the following years, which show to some extent that Micron's current strong growth may not be sustainable over the medium term.\nRegarding its balance sheet, Micron has a good situation, given that its net cash position was around $3.1 billion at the end of last quarter, thus its financial profile is strong and it can return excess capital to shareholders.\nIndeed, Micron has performed historically share buybacks, but more recently decided to start distributing a dividend, which shows some confidence about the company's future business prospects and its ability to return capital to shareholders in a recurring basis. Its quarterly dividend was set at only $0.10 per share, which lead to a modest dividend yield, but the goal is to gradually increase the dividend over the next few years.\nBottom Line\nMicron is reporting strong growth and medium-term prospects are good due to several growth trends of AI, 5G and others. However, the memory market is highly cyclical and there are some worries that its current strong trend may not last much.\nThe semiconductor industry has secular long-term growth prospects, but in my opinion the best way to invest in this theme is through companies that have some sort of competitive advantage and pricing power, such as ASML(ASML) that has a monopoly in the EUV technology. Micron does not fit that criteria and for that reason I was inclined to avoid it.\nHowever, I find its valuation as ridiculously cheap, given that based on 2022 and 2023 earnings it is currently trading at less than 7x forward earnings. This is extremely undemanding and even if earnings estimates come down somewhat, Micron would still be trading at a much lower valuation than its peers and its own historical average (about 11.5x over the past five years).\nThis means that even though Micron is a cyclical play within the semiconductor industry (my investment approach is to buy mainly secular growth companies), its valuation is too much cheap to ignore and upside potential looks good if pricing in the memory market remains strong. I have bought a small stake in Micron (about 3% of my portfolio) and intend to hold it for a while, but if pricing in the memory market starts to show weakness I most likely will sell my stake.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811122606,"gmtCreate":1630299946305,"gmtModify":1704958053913,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Bet David lives up to his name - king (CASH)","listText":"Bet David lives up to his name - king (CASH)","text":"Bet David lives up to his name - king (CASH)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811122606","repostId":"1153646467","repostType":4,"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801483283,"gmtCreate":1627527957542,"gmtModify":1631891264782,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Really?&nbsp;[思考]&nbsp;","listText":"Really?&nbsp;[思考]&nbsp;","text":"Really? 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Hot Apple","listText":"Yeah! Hot Apple","text":"Yeah! Hot Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140646536","repostId":"2149697283","repostType":4,"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157983513,"gmtCreate":1625559785932,"gmtModify":1633939647136,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"They reminding - just glorified 100 years of RED","listText":"They reminding - just glorified 100 years of RED","text":"They reminding - just glorified 100 years of RED","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/157983513","repostId":"1100461808","repostType":4,"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159803006,"gmtCreate":1624953372105,"gmtModify":1633946579569,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Expecting slight pivoting towards new norm","listText":"Expecting slight pivoting towards new norm","text":"Expecting slight pivoting towards new norm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159803006","repostId":"1147029788","repostType":4,"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161400724,"gmtCreate":1623937060068,"gmtModify":1634025644493,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Fed FOMC gives Bucks?","listText":"Fed FOMC gives Bucks?","text":"Fed FOMC gives Bucks?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/161400724","repostId":"1114861992","repostType":4,"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197527489,"gmtCreate":1621474889341,"gmtModify":1634188864766,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Yikes!!! What's wrong with the world","listText":"Yikes!!! What's wrong with the world","text":"Yikes!!! What's wrong with the world","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/197527489","repostId":"1129952039","repostType":4,"repost":{"id":"1129952039","kind":"news","pubTimestamp":1621466041,"share":"https://www.laohu8.com/m/news/1129952039?lang=&edition=full","pubTime":"2021-05-20 07:14","market":"us","language":"en","title":"U.S. stocks drop after Fed minutes, crypto fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1129952039","media":"Reuters","summary":"(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal","content":"<p>(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some considering discussions on tapering its bond buying program.</p><p>The S&amp;P 500 added to losses after the release of the minutes revealed a number of Fed policymakers thought that if the economy continued rapid progress, it would become appropriate “at some point” in upcoming meetings to begin discussing a tapering of the Fed’s monthly purchases of government bonds, a policy designed to keep long-term interest rates low.</p><p>“There continues to be a view and a perspective from the participants, as well as the Fed staff that these inflationary pressures that are beginning to become evident will remain transitory in their view and will likely recede as we transition into 2022,” said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p><p>Strong inflation readings and signs of a worker shortage in recent weeks have fueled fears and roiled stock markets despite reassurances from Fed officials that the rise in prices would be temporary.</p><p>All three main indexes hit their session lows in morning trade after opening sharply lower, then partially recovered before the release of the Fed minutes pressured them anew.</p><p>The Dow Jones Industrial Average fell 164.62 points, or 0.48%, to 33,896.04, the S&amp;P 500 lost 12.15 points, or 0.29%, to 4,115.68 and the Nasdaq Composite dropped 3.90 points, or 0.03%, to 13,299.74.</p><p>Volume on U.S. exchanges was 10.70 billion shares, compared with the 10.60 billion average for the full session over the last 20 trading days.</p><p>Contributing to a risk-off mood on Wednesday, Bitcoin and ether plunged in the wake of China’s move to ban financial and payment institutions from providing cryptocurrency services.</p><p>The two main digital currencies fell as much as 30% and 45%, respectively, but they significantly stemmed their losses in afternoon trading after two of their biggest backers -- Tesla Inc chief Elon Musk and Ark Invest’s chief executive officer Cathie Wood -- reiterated their support for bitcoin.</p><p>Crypto-exchange operator Coinbase Global ,miners Riot Blockchain and Marathon Digital Holdings saw their shares sharply decline on Wednesday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 3 new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 49 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Report</i></b></p><p><a href=\"https://laohu8.com/NW/1160173685\" target=\"_blank\">4.5 Billion Parcels Expanded Market Share to 20.4%</a></p><p><a href=\"https://laohu8.com/NW/1178296022\" target=\"_blank\">KE Holdings EPS beats by $0.04, beats on revenue</a></p><p><a href=\"https://laohu8.com/NW/2136465859\" target=\"_blank\">Victoria's Secret parent L Brands swings to quarterly profit as sales rise</a></p><p><a href=\"https://laohu8.com/NW/2136594667\" target=\"_blank\">Cisco stock drops as higher costs amid chip shortage ding earnings outlook</a></p><p><a href=\"https://laohu8.com/NW/2136450339\" target=\"_blank\">Chip Design Software Firm Synopsys Trounces Fiscal Second-Quarter Targets</a></p>","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>U.S. stocks drop after Fed minutes, crypto fall</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\">\nU.S. stocks drop after Fed minutes, crypto fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-drop-after-fed-minutes-crypto-fall-idUSL2N2N639Y><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-drop-after-fed-minutes-crypto-fall-idUSL2N2N639Y\">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",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-drop-after-fed-minutes-crypto-fall-idUSL2N2N639Y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129952039","content_text":"(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some considering discussions on tapering its bond buying program.The S&P 500 added to losses after the release of the minutes revealed a number of Fed policymakers thought that if the economy continued rapid progress, it would become appropriate “at some point” in upcoming meetings to begin discussing a tapering of the Fed’s monthly purchases of government bonds, a policy designed to keep long-term interest rates low.“There continues to be a view and a perspective from the participants, as well as the Fed staff that these inflationary pressures that are beginning to become evident will remain transitory in their view and will likely recede as we transition into 2022,” said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.Strong inflation readings and signs of a worker shortage in recent weeks have fueled fears and roiled stock markets despite reassurances from Fed officials that the rise in prices would be temporary.All three main indexes hit their session lows in morning trade after opening sharply lower, then partially recovered before the release of the Fed minutes pressured them anew.The Dow Jones Industrial Average fell 164.62 points, or 0.48%, to 33,896.04, the S&P 500 lost 12.15 points, or 0.29%, to 4,115.68 and the Nasdaq Composite dropped 3.90 points, or 0.03%, to 13,299.74.Volume on U.S. exchanges was 10.70 billion shares, compared with the 10.60 billion average for the full session over the last 20 trading days.Contributing to a risk-off mood on Wednesday, Bitcoin and ether plunged in the wake of China’s move to ban financial and payment institutions from providing cryptocurrency services.The two main digital currencies fell as much as 30% and 45%, respectively, but they significantly stemmed their losses in afternoon trading after two of their biggest backers -- Tesla Inc chief Elon Musk and Ark Invest’s chief executive officer Cathie Wood -- reiterated their support for bitcoin.Crypto-exchange operator Coinbase Global ,miners Riot Blockchain and Marathon Digital Holdings saw their shares sharply decline on Wednesday.Declining issues outnumbered advancing ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored decliners.The S&P 500 posted 3 new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 49 new lows.Financial Report4.5 Billion Parcels Expanded Market Share to 20.4%KE Holdings EPS beats by $0.04, beats on revenueVictoria's Secret parent L Brands swings to quarterly profit as sales riseCisco stock drops as higher costs amid chip shortage ding earnings outlookChip Design Software Firm Synopsys Trounces Fiscal Second-Quarter Targets","news_type":1},"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107788950,"gmtCreate":1620539203470,"gmtModify":1634198145005,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Trump's MAGA&nbsp; what's happen","listText":"Trump's MAGA&nbsp; what's happen","text":"Trump's MAGA what's happen","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/107788950","repostId":"1170905579","repostType":4,"repost":{"id":"1170905579","kind":"news","pubTimestamp":1620462497,"share":"https://www.laohu8.com/m/news/1170905579?lang=&edition=full","pubTime":"2021-05-08 16:28","market":"us","language":"en","title":"The real story of the Trump-Facebook saga","url":"https://stock-news.laohu8.com/highlight/detail?id=1170905579","media":"Yahoo Finance ","summary":"It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and i","content":"<p>It’s not this complicated.</p><p>Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-media giant could have permanently banned then-President Donald Trump on Jan. 7, after he used the platform to lie about the 2020 election and praise rioters trying to seize control of the US Capitol the day before. Trump and his supporters would have squealed, but decisive action by Facebook would have left them no choice: Deal with it.</p><p>Instead, Facebook (FB) suspended Trump’s account “indefinitely,” while asking the company’s “oversight board”—a group of outside policy experts—to recommend a permanent solution. On May 5, the board “upheld” Facebook’s decision to exile Trump, but it alsodinged Facebook for the arbitrary application of vague standards. Instead of handing the company a simple answer, it told Facebook to come up with a permanent solution of its own within six months.</p><p>Have you ever watched an overwrought parent try to negotiate with a misbehaving five-year-old? Instead of telling the kid to stop being a brat, the parent tries to persuade the child why it’s important to stop being a brat, hoping the child will stop being a brat because he sees the light and learns an important life lesson in the process. You want to shout, “just tell him to stop it!”</p><p>This is what’s going on with Facebook and its oversight board. Facebook is trying to dodge responsibility for making a decision sure to be unpopular with some of its users. The oversight board, relishing its own perceived importance, issued an11,800 word communiquethat didn’t resolve anything. The real answer is painfully obvious: Facebook should permanently ban anybody who’s a chronic liar and violence inciter. Yet nobody in Faceworld can say it.</p><p>Let’s quickly review what’s really happening in the Facebook saga, by annotating the motives of the key players. It won’t take thousands of words.</p><p><b>Donald Trump.</b>He wants the largest possible audience for his propaganda, includinghis lies about the 2020 election being stolenfrom him. Trump is a wannabe despot whoclaims persecutionto distract followers from his aberrant behavior and his election losses. It also helps him raise money from gullible sympathizers. As a private-sector entity, Facebook has the right to boot users who cause the company trouble, which Trump clearly did. There’s no free speech or First Amendment issue at all, because Trump is still free to publish his own views on a platform of his own. If it were a free speech issue, Facebook could cite the First Amendment to declare it faces no obligation to publish anybody's views, just as a newspaper doesn't have to run government manifestoes. Trump's claim of “censorship” is ridiculous, but it obviously keeps him in the news and fires up his supporters.</p><p><b>The Trump cult.</b>Echoing Trump,other Republican politiciansclaim Facebook and other social-media sites single out conservatives for “censorship.” They’re mixing up cause and effect. Election lies and other disinformation are now a staple of the Trump wing of the Republican party, and these lies trigger retaliation by the companies hosting the offending accounts. If Trumpers lied less, social media would “censor” them less. Most of them know this, but “censorship” gives them a bogus cause that helps generate outrage among their followers and juice their own campaign contributions.</p><p><b>Mark Zuckerberg.</b>The Facebook CEO cares about making money above all, and there’s not necessarily anything wrong with that. Zuckerberg wants to outsource the decision about Trump so that he and the company don’t seem to be directly responsible for an outcome likely to anger millions of conservative Facebook users. He may also want to have plausible deniability the next time he testifies before Congress, so that when a Trump lackey such as Rep. Jim Jordan (R., Ohio) tries to pillory Zuckerberg for persecuting Trump, Zuckerberg can say, “it wasn’t me.” It’s not clear Facebook is actually losing money because of the Trump feud, but even if it is, Zuckerberg has miscalculated by failing to account for other damage caused by allowing the Trump debacle to fester.</p><p><b>Democrats.</b>They don’t like Facebook either, but Sen. Elizabeth Warren and other Facebook critics on the left have a different gripe:Facebook abuses user dataand hastoo much powerin the digital advertising market. Facebook has few friends in Congress, but it does have one important thing going for it: The company’s Republican and Democratic critics are so divided that they may never agree on any legislation that reins in the company’s power.</p><p>There’s only one way the Facebook-Trump saga can end: A permanent Trump ban. Trump will never stop lying, and any negotiated return to Facebook would only restart the cycle. Around the same time Facebook indefinitely banned Trump, Twitteraxed his account permanently. It didn’t drag out the decision or ask somebody else to decide for it. Twitter (TWTR) is no longer explaining or relitigating its Trump decision, which is where Facebook might be in a year or two. It has already taken too long.</p>","source":"yahoofinance_sg","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 real story of the Trump-Facebook saga</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\">\nThe real story of the Trump-Facebook saga\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 16:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.html><strong>Yahoo Finance </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-...</p>\n\n<a href=\"https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170905579","content_text":"It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-media giant could have permanently banned then-President Donald Trump on Jan. 7, after he used the platform to lie about the 2020 election and praise rioters trying to seize control of the US Capitol the day before. Trump and his supporters would have squealed, but decisive action by Facebook would have left them no choice: Deal with it.Instead, Facebook (FB) suspended Trump’s account “indefinitely,” while asking the company’s “oversight board”—a group of outside policy experts—to recommend a permanent solution. On May 5, the board “upheld” Facebook’s decision to exile Trump, but it alsodinged Facebook for the arbitrary application of vague standards. Instead of handing the company a simple answer, it told Facebook to come up with a permanent solution of its own within six months.Have you ever watched an overwrought parent try to negotiate with a misbehaving five-year-old? Instead of telling the kid to stop being a brat, the parent tries to persuade the child why it’s important to stop being a brat, hoping the child will stop being a brat because he sees the light and learns an important life lesson in the process. You want to shout, “just tell him to stop it!”This is what’s going on with Facebook and its oversight board. Facebook is trying to dodge responsibility for making a decision sure to be unpopular with some of its users. The oversight board, relishing its own perceived importance, issued an11,800 word communiquethat didn’t resolve anything. The real answer is painfully obvious: Facebook should permanently ban anybody who’s a chronic liar and violence inciter. Yet nobody in Faceworld can say it.Let’s quickly review what’s really happening in the Facebook saga, by annotating the motives of the key players. It won’t take thousands of words.Donald Trump.He wants the largest possible audience for his propaganda, includinghis lies about the 2020 election being stolenfrom him. Trump is a wannabe despot whoclaims persecutionto distract followers from his aberrant behavior and his election losses. It also helps him raise money from gullible sympathizers. As a private-sector entity, Facebook has the right to boot users who cause the company trouble, which Trump clearly did. There’s no free speech or First Amendment issue at all, because Trump is still free to publish his own views on a platform of his own. If it were a free speech issue, Facebook could cite the First Amendment to declare it faces no obligation to publish anybody's views, just as a newspaper doesn't have to run government manifestoes. Trump's claim of “censorship” is ridiculous, but it obviously keeps him in the news and fires up his supporters.The Trump cult.Echoing Trump,other Republican politiciansclaim Facebook and other social-media sites single out conservatives for “censorship.” They’re mixing up cause and effect. Election lies and other disinformation are now a staple of the Trump wing of the Republican party, and these lies trigger retaliation by the companies hosting the offending accounts. If Trumpers lied less, social media would “censor” them less. Most of them know this, but “censorship” gives them a bogus cause that helps generate outrage among their followers and juice their own campaign contributions.Mark Zuckerberg.The Facebook CEO cares about making money above all, and there’s not necessarily anything wrong with that. Zuckerberg wants to outsource the decision about Trump so that he and the company don’t seem to be directly responsible for an outcome likely to anger millions of conservative Facebook users. He may also want to have plausible deniability the next time he testifies before Congress, so that when a Trump lackey such as Rep. Jim Jordan (R., Ohio) tries to pillory Zuckerberg for persecuting Trump, Zuckerberg can say, “it wasn’t me.” It’s not clear Facebook is actually losing money because of the Trump feud, but even if it is, Zuckerberg has miscalculated by failing to account for other damage caused by allowing the Trump debacle to fester.Democrats.They don’t like Facebook either, but Sen. Elizabeth Warren and other Facebook critics on the left have a different gripe:Facebook abuses user dataand hastoo much powerin the digital advertising market. Facebook has few friends in Congress, but it does have one important thing going for it: The company’s Republican and Democratic critics are so divided that they may never agree on any legislation that reins in the company’s power.There’s only one way the Facebook-Trump saga can end: A permanent Trump ban. Trump will never stop lying, and any negotiated return to Facebook would only restart the cycle. Around the same time Facebook indefinitely banned Trump, Twitteraxed his account permanently. It didn’t drag out the decision or ask somebody else to decide for it. Twitter (TWTR) is no longer explaining or relitigating its Trump decision, which is where Facebook might be in a year or two. It has already taken too long.","news_type":1},"isVote":1,"tweetType":1,"viewCount":961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836038694,"gmtCreate":1629435831018,"gmtModify":1631883953429,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","listText":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","text":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836038694","repostId":"1113659023","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804665254,"gmtCreate":1627954611978,"gmtModify":1631891264777,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Jeff unintentionally puncture market ozone, whoops 🤭!","listText":"Jeff unintentionally puncture market ozone, whoops 🤭!","text":"Jeff unintentionally puncture market ozone, whoops 🤭!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804665254","repostId":"1159936560","repostType":4,"repost":{"id":"1159936560","kind":"news","pubTimestamp":1627953917,"share":"https://www.laohu8.com/m/news/1159936560?lang=&edition=full","pubTime":"2021-08-03 09:25","market":"us","language":"en","title":"Jeff Bezos is no longer the richest person on the planet after his net worth drops $13.9 billion in one day","url":"https://stock-news.laohu8.com/highlight/detail?id=1159936560","media":"MarketWatch","summary":"Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blu","content":"<p>Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blue Origin spacecraft reached&nbsp;suborbital flight&nbsp;for a few minutes.</p>\n<p>Now, the multibillionaire is once again without the title, but this time because his net worth actually tumbled — by&nbsp;$13.9 billion&nbsp;in one day.</p>\n<p>Bezos’ net worth fell because Amazon’s&nbsp;stock price took a hit last week,sliding 7%&nbsp;after the company reported less-than-anticipated second-quarter growth.</p>\n<p>The drop in Bezos’ net worth allowed for French tycoon Bernard Arnault to claim the No. 1 spot of the ultra-wealthy. Arnault heads the luxury goods conglomerate LVMH,whose subsidiaries include Louis Vuitton, Sephora, Moët &amp; Chandon and Tiffany &amp; Co.</p>\n<p>It might seem that a global pandemic and economic recession would set the luxury goods market back a bit, but Arnault remarkably grew his wealth by&nbsp;nearly $100 billion&nbsp;during the first year of the pandemic.</p>\n<p>Arnault’s net worth sat at&nbsp;$195.8 billion&nbsp;as of Monday, while Bezos’ hovered at&nbsp;$192.6 billion.</p>\n<p>Bezos made history in 2020 as the first person ever to be worth&nbsp;$200 billion, as Amazon enjoyed big gains from pandemic lockdowns.</p>\n<p>The two billionaires had jockeyed for the top spot throughout May and June of this year, but the recent toss up put an end to Bezos’ 50-day streak at the top of the heap, according to&nbsp;Forbes.</p>\n<p>In total, there are 2,755 billionaires worldwide, 86% of which are&nbsp;richer than they were a year ago&nbsp;for a combined $5 trillion increase in wealth in 2020.</p>\n<p>Meanwhile, the median net worth for American families is&nbsp;$121,700.</p>","source":"lsy1603348471595","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>Jeff Bezos is no longer the richest person on the planet after his net worth drops $13.9 billion in one day</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\">\nJeff Bezos is no longer the richest person on the planet after his net worth drops $13.9 billion in one day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/jeff-bezos-is-no-longer-the-richest-person-on-the-planet-after-he-loses-13-9-billion-in-one-day-11627926841?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blue Origin spacecraft reached suborbital flight for a few minutes.\nNow, the multibillionaire is once ...</p>\n\n<a href=\"https://www.marketwatch.com/story/jeff-bezos-is-no-longer-the-richest-person-on-the-planet-after-he-loses-13-9-billion-in-one-day-11627926841?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.marketwatch.com/story/jeff-bezos-is-no-longer-the-richest-person-on-the-planet-after-he-loses-13-9-billion-in-one-day-11627926841?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159936560","content_text":"Jeff Bezos momentarily forfeited his title of “richest person on the planet” on July 20 when his Blue Origin spacecraft reached suborbital flight for a few minutes.\nNow, the multibillionaire is once again without the title, but this time because his net worth actually tumbled — by $13.9 billion in one day.\nBezos’ net worth fell because Amazon’s stock price took a hit last week,sliding 7% after the company reported less-than-anticipated second-quarter growth.\nThe drop in Bezos’ net worth allowed for French tycoon Bernard Arnault to claim the No. 1 spot of the ultra-wealthy. Arnault heads the luxury goods conglomerate LVMH,whose subsidiaries include Louis Vuitton, Sephora, Moët & Chandon and Tiffany & Co.\nIt might seem that a global pandemic and economic recession would set the luxury goods market back a bit, but Arnault remarkably grew his wealth by nearly $100 billion during the first year of the pandemic.\nArnault’s net worth sat at $195.8 billion as of Monday, while Bezos’ hovered at $192.6 billion.\nBezos made history in 2020 as the first person ever to be worth $200 billion, as Amazon enjoyed big gains from pandemic lockdowns.\nThe two billionaires had jockeyed for the top spot throughout May and June of this year, but the recent toss up put an end to Bezos’ 50-day streak at the top of the heap, according to Forbes.\nIn total, there are 2,755 billionaires worldwide, 86% of which are richer than they were a year ago for a combined $5 trillion increase in wealth in 2020.\nMeanwhile, the median net worth for American families is $121,700.","news_type":1},"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146408962,"gmtCreate":1626094654156,"gmtModify":1633930220492,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"&nbsp;Regulatory pressures?","listText":"&nbsp;Regulatory pressures?","text":"Regulatory pressures?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146408962","repostId":"1161734090","repostType":4,"repost":{"id":"1161734090","kind":"news","pubTimestamp":1626090025,"share":"https://www.laohu8.com/m/news/1161734090?lang=&edition=full","pubTime":"2021-07-12 19:40","market":"us","language":"en","title":"DouYu officially terminates merger agreement with Huya","url":"https://stock-news.laohu8.com/highlight/detail?id=1161734090","media":"seekingalpha","summary":"To abide by the SAMR decision, DouYu International Holdings Limited(NASDAQ:DOYU) -1.28% premarket, a","content":"<ul>\n <li>To abide by the SAMR decision,&nbsp;DouYu International Holdings Limited(NASDAQ:DOYU)&nbsp;-1.28%&nbsp;premarket, announced that Huya, Tiger Company Ltd., a wholly owned subsidiaryof Huya(NYSE:HUYA)-1.4%&nbsp;premarket, DouYu, and Nectarine Investment Limited, a wholly owned subsidiary of Tencent Holdings(OTCPK:TCEHY)has officially&nbsp;terminated&nbsp;merger agreement,dated October 12, 2020.</li>\n <li>Last week, the State Administration for Market Regulation of the People's Republic of China (SAMR), has&nbsp;blocked&nbsp;the planned deal to restrict the competition in the video game-streaming market in China.</li>\n <li>The board of directors of DouYu also cancels cash dividend of $60M which was to be paid on or around at the closing of the Merger.</li>\n</ul>","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>DouYu officially terminates merger agreement with Huya</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; 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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\">\nDouYu officially terminates merger agreement with Huya\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 19:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3714199-douyu-officially-terminates-merger-agreement-with-huya><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>To abide by the SAMR decision, DouYu International Holdings Limited(NASDAQ:DOYU) -1.28% premarket, announced that Huya, Tiger Company Ltd., a wholly owned subsidiaryof Huya(NYSE:HUYA)-1.4% premarket, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3714199-douyu-officially-terminates-merger-agreement-with-huya\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HUYA":"虎牙","DOYU":"斗鱼"},"source_url":"https://seekingalpha.com/news/3714199-douyu-officially-terminates-merger-agreement-with-huya","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1161734090","content_text":"To abide by the SAMR decision, DouYu International Holdings Limited(NASDAQ:DOYU) -1.28% premarket, announced that Huya, Tiger Company Ltd., a wholly owned subsidiaryof Huya(NYSE:HUYA)-1.4% premarket, DouYu, and Nectarine Investment Limited, a wholly owned subsidiary of Tencent Holdings(OTCPK:TCEHY)has officially terminated merger agreement,dated October 12, 2020.\nLast week, the State Administration for Market Regulation of the People's Republic of China (SAMR), has blocked the planned deal to restrict the competition in the video game-streaming market in China.\nThe board of directors of DouYu also cancels cash dividend of $60M which was to be paid on or around at the closing of the Merger.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}