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2021-10-14

Intel is doomed

Where Will AMD Be In 5 Years?

2021-10-09

The expectations are really high on this one given the stock's massive bull run. And Snapchat isn't that popular outside the States

Snap Earnings: Metrics Investors Need to Know

2021-11-12

$Johnson & Johnson(JNJ)$Breaking news: Johnson & Johnson will be splitting into Johnson & Johnson!! /s

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/s","listText":"<a href=\"https://laohu8.com/S/JNJ\">$Johnson &amp; Johnson(JNJ)$</a>Breaking news: Johnson &amp; Johnson will be splitting into Johnson &amp; Johnson!! /s","text":"$Johnson & Johnson(JNJ)$Breaking news: Johnson & Johnson will be splitting into Johnson & Johnson!! /s","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879657639","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825805209,"gmtCreate":1634214597305,"gmtModify":1634214597414,"author":{"id":"3575284407051997","authorId":"3575284407051997","name":"joshuachin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Intel is doomed","listText":"Intel is doomed","text":"Intel is doomed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/825805209","repostId":"1183676192","repostType":2,"repost":{"id":"1183676192","pubTimestamp":1634203753,"share":"https://www.laohu8.com/m/news/1183676192?lang=&edition=full","pubTime":"2021-10-14 17:29","market":"us","language":"en","title":"Where Will AMD Be In 5 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1183676192","media":"Seeking Alpha","summary":"Summary\n\nArticle discusses the stock's meteoric rise and the company's ongoing growth.\nComparative r","content":"<p><b>Summary</b></p>\n<ul>\n <li>Article discusses the stock's meteoric rise and the company's ongoing growth.</li>\n <li>Comparative roadmaps from AMD, Intel, and Nvidia show that AMD's prospects are strong for the next several years.</li>\n <li>The stock is being held back by absurdly low guidance and fears about Intel and the article shows why these should not be concerns.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec55c4f8340ca053f249af481ee9a179\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>JHVEPhoto/iStock Editorial via Getty Images</span></p>\n<p>Advanced Micro Devices(NASDAQ:AMD)had a great five-year run – from about $2 in early 2016 to over $100 in the last few months. A rather spectacular 50x run. Along the way, many analysts have doubted the company and called an end to AMD's stock run; and there is still a cottage industry of analysts who continue to call an end to AMD’s ascent. For long-term investors, none of the doubting analysts’ prognostications matters as long as the company continues to out-execute its peers. As such, investors should not mind much about catching dips in the stock but focus on the long-term prospects of the company. So, where is AMD likely to be a few years from now?</p>\n<p>First, let us consider the current stock price of AMD. At the time of writing this article, AMD is trading around $105 with a trailing PE of about 37 and a forward PE of about 34. This valuation seems very low considering AMD’s recent revenue growth as can be seen in the image below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba3d157b930a454761b0dbae757ffc69\" tg-width=\"640\" tg-height=\"339\" width=\"100%\" height=\"auto\"><span>Source: AMD Q2 2021 earnings presentation</span></p>\n<p>Where in this market do you get a technology company growing so spectacularly get a low 37 times trailing PE valuation? Why is there such a discount?</p>\n<p>The Company’s low valuation, relative to the growth, is likely due to conservative management guidance and fear that arch-rival Intel(NASDAQ:INTC)will fight back with a vengeance and take market share back from AMD at some point in the future. As far as management guidance goes, note that AMD started 2021 with a revenue growth guidance of 37%. After Q1, the Company updated its guidance to 50% growth. After Q2, the Company updated the growth guidance to 60%. Contrary to management guidance and analyst estimates,as far back as January,<i>Beyond The Hype</i>has indicated that guidance and consensus was, conservatively, light by about 25%! As the year passed, AMD’s prospects have only become stronger.<i>Beyond The Hype</i>&nbsp;now estimates that, during the Q3 earnings release, the Company will beat and raise and update the guidance once again to around 70% growth. The key to note here is that AMD’s guidance practices have been extremely conservative; if not ridiculous. This overly conservative guidance is, unfortunately, suppressing analyst consensus and the stock price.</p>\n<p>The second aspect of undervaluation, the fear of Intel, is also largely baseless. Ever since AMD launched its Zen product line, the naysayers have been predicting Intel’s imminent counterattack. We are now&nbsp;five years into Zen, no such counterattack has materialized. Will it change in the foreseeable future?</p>\n<p>To get a long term picture of the company, one needs to compare and contrast its product roadmap with that of its primary competitors Intel and Nvidia(NASDAQ:NVDA). Unfortunately, roadmaps of these companies are governed by non-disclosure agreements and are not available from the respective companies. However, a considerable amount of information becomes available in bits and pieces through management commentary, leaks, and rumors. The following image shows one such compiled roadmap compiled from credible sources.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e29c2a6575c027adfa12365d988bc0b2\" tg-width=\"640\" tg-height=\"588\" width=\"100%\" height=\"auto\"><span>Source: 3DCenter.org</span></p>\n<p>It is hard to decipher from this image how the products in this roadmap will compare with each other. However, there is a considerable amount of information to go along with these code names in the blogosphere. To make a long story short, the available information suggests that if Intel keeps to its roadmap, it will have somewhat of parity with AMD in laptop and desktop CPUs but will significantly lag AMD when it comes to server and workstation CPUs.</p>\n<p>How exactly the roadmap plays out over time is almost entirely up to how well the companies will execute. Considering Intel’s&nbsp;process problems&nbsp;and with AMD execution being consistently good, the chances are high that Intel will underperform. Even if Intel does not underperform, the roadmap implies that AMD is likely to continue to increase its share moderately on the client front for years to come and likely to increase its share dramatically on the server front for years to come.</p>\n<p>On the GPU front, AMD’s competitive position has improved significantly over the last few years. The current Navi2 generation, for example, is highly competitive with Nvidia’s RTX3 generation. Unfortunately for AMD, the Company has been severely supply-limited due to COVID-related and crypto-related demand and has been unable to take advantage of Navi2 relative performance gains. However, in 2022 and 2023, these are no longer likely to be issues and supply should be plentiful. What this implies is that AMD has a significant market share upside looking into 2022 and 2023. In context, AMD’s roadmap is compelling. At the minimum, AMD is likely to hold its own against Nvidia with its Navi3 generation of products. Here again, there is an opportunity for AMD to gain a significant amount of GPU market share.</p>\n<p>While the roadmap is only till 2023, the implications go well beyond that. It typically takes several quarters for new products to ramp up. So, 2023 products are likely to drive not only 2023 but also 2024 revenues. In the meantime,the hourglass model&nbsp;continues to be the predictor of the future – with AMD fortunes rising and Intel’s and Nvidia’s falling.</p>\n<p><b>Near Term Acquisition Dragging AMD Stock</b></p>\n<p>The acquisition of Xilinx(NASDAQ:XLNX)&nbsp;has been a drag&nbsp;on AMD stock price since the deal was originally announced as AMD significantly overpaid Xilinx investors due to poor deal terms. The arbitrage around the deal has also acted in a way to suppress AMD stock price for an extended period. However, as discussed in&nbsp;an earlier article, this deal is now about to close. Prior to the deal close, Xilinx stock is likely a significantly superior investment to AMD due to the large arbitrage discount on the deal (image below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f3b5d58f09a038d7d6c5e84926ee77c\" tg-width=\"640\" tg-height=\"171\" width=\"100%\" height=\"auto\"><span>Source: UpNDown</span></p>\n<p>Once this deal closes, likely in a matter of a few weeks, the arbitrage action will end, and AMD stock is likely to move more freely without the Xilinx drag. Post Xilinx acquisition, AMD will be a larger company with higher gross margins and more scale and consolidation opportunities for further future earnings leverage.</p>\n<p><b>Risks And Opportunities</b></p>\n<p>As discussed above in the context of the roadmap above, AMD is now well situated competitively to continue its strong growth. AMD, within a few years, should have a much bigger chunk of the CPU and GPU markets with progressively higher-margin products. In addition, the Xilinx acquisition provides AMD with considerable new growth opportunities in the datacenter and telecom segments. AMD can also much more widely disperse its x86 and GPU IP through the Xilinx FPGA platform thus meaningfully increasing customer engagement.</p>\n<p>The Company, with its IP deal with Samsung(OTC:SSNLF)has now indirectly entered the handset arena. AMD’s Radeon IP has a chance to&nbsp;meaningfully displace&nbsp;Qualcomm Adreno GPUs in the mobile handset market. Considering the large unit potential - 1.6B TAM worldwide - even a small share of this market could meaningfully add to AMD’s fortunes.</p>\n<p>The primary risk to AMD, contrary to popular belief, is not Intel, but its own execution. For the foreseeable future, there is no sign that Intel will overwhelm AMD. The oft-discussed ARM CPUs are also not a meaningful threat to AMD as the likely share of ARM in both server and client markets is likely to be very low, in the single-digit percentage, for many years to come. The Company’s destiny is very much in its own hands. As long as AMD can execute well on the known roadmap, the Company will do well. There could be temporary near-term headwinds as COVID and crypto demand fades. However, even this is not a big concern as the strong growth in other parts of AMD should more than offset any such weakness.</p>\n<p><b>Prognosis</b></p>\n<p>Considering AMD’s recent growth, market share, and earnings momentum as well as the long term product roadmap, we would argue that analyst consensus (see image below) is absurdly low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1f4d2491479d339ce924353cfd2f8d\" tg-width=\"640\" tg-height=\"312\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>The analyst consensus is understandable given the management guidance. As the sell-side does not deviate much from spoon-fed management guidance, the consensus reflects the low 20% growth rate that the management has been guiding. As such, thanks to heavily sandbagged guidance, the company is likely to be in a beat-and-raise mode for many quarters to come – even if the company were to grossly underperform. However, given the product and competitive vectors discussed above, there is not much reason to think that the company will underperform. Earnings estimates are likely to jump substantially during the next several quarters including Q3 2021. While predicting the future especially with a choppy macro is risky, it is difficult to see AMD growing revenue less than 30% for the next few years. At that rate of revenue growth, earnings should accelerate much more, thanks to the leveraged nature of the semiconductor business model. Considering the revenue growth and earnings leverage, well over 100% growth in AMD stock over the next five years is likely. With strong growth in view,<i>Beyond The Hype</i>&nbsp;considers AMD the best semiconductor bet in the market today.</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>Where Will AMD Be In 5 Years?</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\">\nWhere Will AMD Be In 5 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-14 17:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4459745-amd-stock-5-years><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nArticle discusses the stock's meteoric rise and the company's ongoing growth.\nComparative roadmaps from AMD, Intel, and Nvidia show that AMD's prospects are strong for the next several years....</p>\n\n<a href=\"https://seekingalpha.com/article/4459745-amd-stock-5-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4459745-amd-stock-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183676192","content_text":"Summary\n\nArticle discusses the stock's meteoric rise and the company's ongoing growth.\nComparative roadmaps from AMD, Intel, and Nvidia show that AMD's prospects are strong for the next several years.\nThe stock is being held back by absurdly low guidance and fears about Intel and the article shows why these should not be concerns.\n\nJHVEPhoto/iStock Editorial via Getty Images\nAdvanced Micro Devices(NASDAQ:AMD)had a great five-year run – from about $2 in early 2016 to over $100 in the last few months. A rather spectacular 50x run. Along the way, many analysts have doubted the company and called an end to AMD's stock run; and there is still a cottage industry of analysts who continue to call an end to AMD’s ascent. For long-term investors, none of the doubting analysts’ prognostications matters as long as the company continues to out-execute its peers. As such, investors should not mind much about catching dips in the stock but focus on the long-term prospects of the company. So, where is AMD likely to be a few years from now?\nFirst, let us consider the current stock price of AMD. At the time of writing this article, AMD is trading around $105 with a trailing PE of about 37 and a forward PE of about 34. This valuation seems very low considering AMD’s recent revenue growth as can be seen in the image below.\nSource: AMD Q2 2021 earnings presentation\nWhere in this market do you get a technology company growing so spectacularly get a low 37 times trailing PE valuation? Why is there such a discount?\nThe Company’s low valuation, relative to the growth, is likely due to conservative management guidance and fear that arch-rival Intel(NASDAQ:INTC)will fight back with a vengeance and take market share back from AMD at some point in the future. As far as management guidance goes, note that AMD started 2021 with a revenue growth guidance of 37%. After Q1, the Company updated its guidance to 50% growth. After Q2, the Company updated the growth guidance to 60%. Contrary to management guidance and analyst estimates,as far back as January,Beyond The Hypehas indicated that guidance and consensus was, conservatively, light by about 25%! As the year passed, AMD’s prospects have only become stronger.Beyond The Hype now estimates that, during the Q3 earnings release, the Company will beat and raise and update the guidance once again to around 70% growth. The key to note here is that AMD’s guidance practices have been extremely conservative; if not ridiculous. This overly conservative guidance is, unfortunately, suppressing analyst consensus and the stock price.\nThe second aspect of undervaluation, the fear of Intel, is also largely baseless. Ever since AMD launched its Zen product line, the naysayers have been predicting Intel’s imminent counterattack. We are now five years into Zen, no such counterattack has materialized. Will it change in the foreseeable future?\nTo get a long term picture of the company, one needs to compare and contrast its product roadmap with that of its primary competitors Intel and Nvidia(NASDAQ:NVDA). Unfortunately, roadmaps of these companies are governed by non-disclosure agreements and are not available from the respective companies. However, a considerable amount of information becomes available in bits and pieces through management commentary, leaks, and rumors. The following image shows one such compiled roadmap compiled from credible sources.\nSource: 3DCenter.org\nIt is hard to decipher from this image how the products in this roadmap will compare with each other. However, there is a considerable amount of information to go along with these code names in the blogosphere. To make a long story short, the available information suggests that if Intel keeps to its roadmap, it will have somewhat of parity with AMD in laptop and desktop CPUs but will significantly lag AMD when it comes to server and workstation CPUs.\nHow exactly the roadmap plays out over time is almost entirely up to how well the companies will execute. Considering Intel’s process problems and with AMD execution being consistently good, the chances are high that Intel will underperform. Even if Intel does not underperform, the roadmap implies that AMD is likely to continue to increase its share moderately on the client front for years to come and likely to increase its share dramatically on the server front for years to come.\nOn the GPU front, AMD’s competitive position has improved significantly over the last few years. The current Navi2 generation, for example, is highly competitive with Nvidia’s RTX3 generation. Unfortunately for AMD, the Company has been severely supply-limited due to COVID-related and crypto-related demand and has been unable to take advantage of Navi2 relative performance gains. However, in 2022 and 2023, these are no longer likely to be issues and supply should be plentiful. What this implies is that AMD has a significant market share upside looking into 2022 and 2023. In context, AMD’s roadmap is compelling. At the minimum, AMD is likely to hold its own against Nvidia with its Navi3 generation of products. Here again, there is an opportunity for AMD to gain a significant amount of GPU market share.\nWhile the roadmap is only till 2023, the implications go well beyond that. It typically takes several quarters for new products to ramp up. So, 2023 products are likely to drive not only 2023 but also 2024 revenues. In the meantime,the hourglass model continues to be the predictor of the future – with AMD fortunes rising and Intel’s and Nvidia’s falling.\nNear Term Acquisition Dragging AMD Stock\nThe acquisition of Xilinx(NASDAQ:XLNX) has been a drag on AMD stock price since the deal was originally announced as AMD significantly overpaid Xilinx investors due to poor deal terms. The arbitrage around the deal has also acted in a way to suppress AMD stock price for an extended period. However, as discussed in an earlier article, this deal is now about to close. Prior to the deal close, Xilinx stock is likely a significantly superior investment to AMD due to the large arbitrage discount on the deal (image below).\nSource: UpNDown\nOnce this deal closes, likely in a matter of a few weeks, the arbitrage action will end, and AMD stock is likely to move more freely without the Xilinx drag. Post Xilinx acquisition, AMD will be a larger company with higher gross margins and more scale and consolidation opportunities for further future earnings leverage.\nRisks And Opportunities\nAs discussed above in the context of the roadmap above, AMD is now well situated competitively to continue its strong growth. AMD, within a few years, should have a much bigger chunk of the CPU and GPU markets with progressively higher-margin products. In addition, the Xilinx acquisition provides AMD with considerable new growth opportunities in the datacenter and telecom segments. AMD can also much more widely disperse its x86 and GPU IP through the Xilinx FPGA platform thus meaningfully increasing customer engagement.\nThe Company, with its IP deal with Samsung(OTC:SSNLF)has now indirectly entered the handset arena. AMD’s Radeon IP has a chance to meaningfully displace Qualcomm Adreno GPUs in the mobile handset market. Considering the large unit potential - 1.6B TAM worldwide - even a small share of this market could meaningfully add to AMD’s fortunes.\nThe primary risk to AMD, contrary to popular belief, is not Intel, but its own execution. For the foreseeable future, there is no sign that Intel will overwhelm AMD. The oft-discussed ARM CPUs are also not a meaningful threat to AMD as the likely share of ARM in both server and client markets is likely to be very low, in the single-digit percentage, for many years to come. The Company’s destiny is very much in its own hands. As long as AMD can execute well on the known roadmap, the Company will do well. There could be temporary near-term headwinds as COVID and crypto demand fades. However, even this is not a big concern as the strong growth in other parts of AMD should more than offset any such weakness.\nPrognosis\nConsidering AMD’s recent growth, market share, and earnings momentum as well as the long term product roadmap, we would argue that analyst consensus (see image below) is absurdly low.\nSource:Seeking Alpha\nThe analyst consensus is understandable given the management guidance. As the sell-side does not deviate much from spoon-fed management guidance, the consensus reflects the low 20% growth rate that the management has been guiding. As such, thanks to heavily sandbagged guidance, the company is likely to be in a beat-and-raise mode for many quarters to come – even if the company were to grossly underperform. However, given the product and competitive vectors discussed above, there is not much reason to think that the company will underperform. Earnings estimates are likely to jump substantially during the next several quarters including Q3 2021. While predicting the future especially with a choppy macro is risky, it is difficult to see AMD growing revenue less than 30% for the next few years. At that rate of revenue growth, earnings should accelerate much more, thanks to the leveraged nature of the semiconductor business model. Considering the revenue growth and earnings leverage, well over 100% growth in AMD stock over the next five years is likely. With strong growth in view,Beyond The Hype considers AMD the best semiconductor bet in the market today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821894295,"gmtCreate":1633718259723,"gmtModify":1633744976575,"author":{"id":"3575284407051997","authorId":"3575284407051997","name":"joshuachin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"The expectations are really high on this one given the stock's massive bull run. And Snapchat isn't that popular outside the States","listText":"The expectations are really high on this one given the stock's massive bull run. And Snapchat isn't that popular outside the States","text":"The expectations are really high on this one given the stock's massive bull run. And Snapchat isn't that popular outside the States","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821894295","repostId":"2173926946","repostType":2,"repost":{"id":"2173926946","pubTimestamp":1633696500,"share":"https://www.laohu8.com/m/news/2173926946?lang=&edition=full","pubTime":"2021-10-08 20:35","market":"us","language":"en","title":"Snap Earnings: Metrics Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2173926946","media":"Motley Fool","summary":"Will this social media company continue to impress Wall Street?","content":"<p><b><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>'s</b> mobile app, Snapchat, has seen strong adoption by younger generations, and the pandemic only accelerated user engagement. Not surprisingly, the company has delivered impressive financial results in recent quarters. Can that trend continue?</p>\n<p>In this <i>Backstage Pass</i> video, which aired <b>Sept. 29</b>, Motley Fool contributor Trevor Jennewine discusses the metrics investors need to know when Snap reports third-quarter earnings later this month. Snap is expected to report earnings on Oct. 21.</p>\n<p><b>Trevor Jennewine:</b>&nbsp;Snap's primary product is Snapchat; although they do have Spectacles as well. But Snapchat is the mobile app, and if you're not familiar with it, it basically, it allows friends, families to connect visually. So, you can communicate with text messages, videos, you can connect with local brands, local businesses and brands, as well.</p>\n<p>Basically, the business model is digital advertising, and they allow brands and marketers to, they can create sponsored lenses and filters, or they can display images and videos between other user-generated content. With any business where you're looking for digital ads, to monetize by digital ads, user engagement is getting important. I'm going to throw up some numbers real quick. I think some of these figures are pretty impressive.</p>\n<p>Snapchat has 293 million daily active users. That pales in comparison to something like <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b>. But still a big number. But what impresses me is that these daily active users are opening the app 30 times every single day and they spend about 30 minutes engaged with content. I think that's impressive. I think the big number is over 75% of the 13 to 34 year-old US population uses Snapchat. If you look at 13-24 year-olds, it's over 90%. Just incredible penetration among younger generations. That's a very valuable demographic to advertisers. There's a lot of things Snap mentions that there's a lot of big decisions that are going on during the time of your life. You're buying your first car, you're going to college, getting your first job. Lots of decisions being made, lots of reasons to target that demographic with ads. I'm going to switch to my other slides here. But I think the company is --especially the attraction that they've gained with younger users -- is impressive.</p>\n<p>This stock has been a market crusher over the last year. It's up over 200%. While the <b>S&amp;P 500</b> is up about 32% and they were reporting earnings on the 19th. Still a little while to go. To put some context behind the upcoming earnings, last quarter management reported revenue of 982 million and that was up over a 100%. The average revenue per user, which is basically the revenue divided by the user base, was up 76%. This helps you gauge how efficiently the company is monetizing its user base. They're not profitable on a GAAP basis and they're also free cash flow negative. They're looking at adjusted EBITDA, which is earnings before interest, taxes, depreciation, and amortization. That came in at, adjusted EBITDA was $117 million, up over 200% last quarter. The loss is narrowing, but like I mentioned, it's still free cash flow negative.</p>\n<p>Turning to what I'm looking for in the third quarter, management is expecting revenue of $1.07 billion to $1.08 billion, which is up about 60%. Then adjusted EBITDA of a $120 million or so, up over a 100%. I will be looking at their daily active users to see how they can continue to grow that number. Other social platforms have stumbled. <b>Pinterest</b> saw some big headwinds in the most recent quarter two with their user base. Snap hasn't really seen the same thing. I will be looking to see if they maintain that momentum. I'll be looking at the average revenue per user just to see how effectively they're able to monetize that user base.</p>\n<p>Then, management commentary on any upcoming products. The company has partnered with the likes of <b>Walt Disney</b> and <b>Bumble</b> recently, they're actually integrating their camera with applications off of the Snapchat platform. They just released or announced a pair of spectacles for creators that actually have, it's their first device with a built-in 3D augmented reality display. I'll be looking to see if there's any commentary around that. Then paying attention to the company's free cash flow on a quarterly basis, they did generate positive free cash flow, not the last quarter, but in the first quarter of 2021. Hopefully they can make that a more consistent thing and reach positive free cash flow on a trailing-12-month basis. That's where I'll be looking when the company reports earnings.</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>Snap Earnings: Metrics Investors Need to Know</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\">\nSnap Earnings: Metrics Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 20:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/10/08/snap-earnings-metrics-investors-need-to-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap Inc's mobile app, Snapchat, has seen strong adoption by younger generations, and the pandemic only accelerated user engagement. Not surprisingly, the company has delivered impressive financial ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/08/snap-earnings-metrics-investors-need-to-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","ISBC":"投资者银行"},"source_url":"https://www.fool.com/investing/2021/10/08/snap-earnings-metrics-investors-need-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173926946","content_text":"Snap Inc's mobile app, Snapchat, has seen strong adoption by younger generations, and the pandemic only accelerated user engagement. Not surprisingly, the company has delivered impressive financial results in recent quarters. Can that trend continue?\nIn this Backstage Pass video, which aired Sept. 29, Motley Fool contributor Trevor Jennewine discusses the metrics investors need to know when Snap reports third-quarter earnings later this month. Snap is expected to report earnings on Oct. 21.\nTrevor Jennewine: Snap's primary product is Snapchat; although they do have Spectacles as well. But Snapchat is the mobile app, and if you're not familiar with it, it basically, it allows friends, families to connect visually. So, you can communicate with text messages, videos, you can connect with local brands, local businesses and brands, as well.\nBasically, the business model is digital advertising, and they allow brands and marketers to, they can create sponsored lenses and filters, or they can display images and videos between other user-generated content. With any business where you're looking for digital ads, to monetize by digital ads, user engagement is getting important. I'm going to throw up some numbers real quick. I think some of these figures are pretty impressive.\nSnapchat has 293 million daily active users. That pales in comparison to something like Facebook. But still a big number. But what impresses me is that these daily active users are opening the app 30 times every single day and they spend about 30 minutes engaged with content. I think that's impressive. I think the big number is over 75% of the 13 to 34 year-old US population uses Snapchat. If you look at 13-24 year-olds, it's over 90%. Just incredible penetration among younger generations. That's a very valuable demographic to advertisers. There's a lot of things Snap mentions that there's a lot of big decisions that are going on during the time of your life. You're buying your first car, you're going to college, getting your first job. Lots of decisions being made, lots of reasons to target that demographic with ads. I'm going to switch to my other slides here. But I think the company is --especially the attraction that they've gained with younger users -- is impressive.\nThis stock has been a market crusher over the last year. It's up over 200%. While the S&P 500 is up about 32% and they were reporting earnings on the 19th. Still a little while to go. To put some context behind the upcoming earnings, last quarter management reported revenue of 982 million and that was up over a 100%. The average revenue per user, which is basically the revenue divided by the user base, was up 76%. This helps you gauge how efficiently the company is monetizing its user base. They're not profitable on a GAAP basis and they're also free cash flow negative. They're looking at adjusted EBITDA, which is earnings before interest, taxes, depreciation, and amortization. That came in at, adjusted EBITDA was $117 million, up over 200% last quarter. The loss is narrowing, but like I mentioned, it's still free cash flow negative.\nTurning to what I'm looking for in the third quarter, management is expecting revenue of $1.07 billion to $1.08 billion, which is up about 60%. Then adjusted EBITDA of a $120 million or so, up over a 100%. I will be looking at their daily active users to see how they can continue to grow that number. Other social platforms have stumbled. Pinterest saw some big headwinds in the most recent quarter two with their user base. Snap hasn't really seen the same thing. I will be looking to see if they maintain that momentum. I'll be looking at the average revenue per user just to see how effectively they're able to monetize that user base.\nThen, management commentary on any upcoming products. The company has partnered with the likes of Walt Disney and Bumble recently, they're actually integrating their camera with applications off of the Snapchat platform. They just released or announced a pair of spectacles for creators that actually have, it's their first device with a built-in 3D augmented reality display. I'll be looking to see if there's any commentary around that. Then paying attention to the company's free cash flow on a quarterly basis, they did generate positive free cash flow, not the last quarter, but in the first quarter of 2021. Hopefully they can make that a more consistent thing and reach positive free cash flow on a trailing-12-month basis. That's where I'll be looking when the company reports earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":825805209,"gmtCreate":1634214597305,"gmtModify":1634214597414,"author":{"id":"3575284407051997","authorId":"3575284407051997","name":"joshuachin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Intel is doomed","listText":"Intel is doomed","text":"Intel is doomed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/825805209","repostId":"1183676192","repostType":2,"repost":{"id":"1183676192","pubTimestamp":1634203753,"share":"https://www.laohu8.com/m/news/1183676192?lang=&edition=full","pubTime":"2021-10-14 17:29","market":"us","language":"en","title":"Where Will AMD Be In 5 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1183676192","media":"Seeking Alpha","summary":"Summary\n\nArticle discusses the stock's meteoric rise and the company's ongoing growth.\nComparative r","content":"<p><b>Summary</b></p>\n<ul>\n <li>Article discusses the stock's meteoric rise and the company's ongoing growth.</li>\n <li>Comparative roadmaps from AMD, Intel, and Nvidia show that AMD's prospects are strong for the next several years.</li>\n <li>The stock is being held back by absurdly low guidance and fears about Intel and the article shows why these should not be concerns.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec55c4f8340ca053f249af481ee9a179\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>JHVEPhoto/iStock Editorial via Getty Images</span></p>\n<p>Advanced Micro Devices(NASDAQ:AMD)had a great five-year run – from about $2 in early 2016 to over $100 in the last few months. A rather spectacular 50x run. Along the way, many analysts have doubted the company and called an end to AMD's stock run; and there is still a cottage industry of analysts who continue to call an end to AMD’s ascent. For long-term investors, none of the doubting analysts’ prognostications matters as long as the company continues to out-execute its peers. As such, investors should not mind much about catching dips in the stock but focus on the long-term prospects of the company. So, where is AMD likely to be a few years from now?</p>\n<p>First, let us consider the current stock price of AMD. At the time of writing this article, AMD is trading around $105 with a trailing PE of about 37 and a forward PE of about 34. This valuation seems very low considering AMD’s recent revenue growth as can be seen in the image below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba3d157b930a454761b0dbae757ffc69\" tg-width=\"640\" tg-height=\"339\" width=\"100%\" height=\"auto\"><span>Source: AMD Q2 2021 earnings presentation</span></p>\n<p>Where in this market do you get a technology company growing so spectacularly get a low 37 times trailing PE valuation? Why is there such a discount?</p>\n<p>The Company’s low valuation, relative to the growth, is likely due to conservative management guidance and fear that arch-rival Intel(NASDAQ:INTC)will fight back with a vengeance and take market share back from AMD at some point in the future. As far as management guidance goes, note that AMD started 2021 with a revenue growth guidance of 37%. After Q1, the Company updated its guidance to 50% growth. After Q2, the Company updated the growth guidance to 60%. Contrary to management guidance and analyst estimates,as far back as January,<i>Beyond The Hype</i>has indicated that guidance and consensus was, conservatively, light by about 25%! As the year passed, AMD’s prospects have only become stronger.<i>Beyond The Hype</i>&nbsp;now estimates that, during the Q3 earnings release, the Company will beat and raise and update the guidance once again to around 70% growth. The key to note here is that AMD’s guidance practices have been extremely conservative; if not ridiculous. This overly conservative guidance is, unfortunately, suppressing analyst consensus and the stock price.</p>\n<p>The second aspect of undervaluation, the fear of Intel, is also largely baseless. Ever since AMD launched its Zen product line, the naysayers have been predicting Intel’s imminent counterattack. We are now&nbsp;five years into Zen, no such counterattack has materialized. Will it change in the foreseeable future?</p>\n<p>To get a long term picture of the company, one needs to compare and contrast its product roadmap with that of its primary competitors Intel and Nvidia(NASDAQ:NVDA). Unfortunately, roadmaps of these companies are governed by non-disclosure agreements and are not available from the respective companies. However, a considerable amount of information becomes available in bits and pieces through management commentary, leaks, and rumors. The following image shows one such compiled roadmap compiled from credible sources.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e29c2a6575c027adfa12365d988bc0b2\" tg-width=\"640\" tg-height=\"588\" width=\"100%\" height=\"auto\"><span>Source: 3DCenter.org</span></p>\n<p>It is hard to decipher from this image how the products in this roadmap will compare with each other. However, there is a considerable amount of information to go along with these code names in the blogosphere. To make a long story short, the available information suggests that if Intel keeps to its roadmap, it will have somewhat of parity with AMD in laptop and desktop CPUs but will significantly lag AMD when it comes to server and workstation CPUs.</p>\n<p>How exactly the roadmap plays out over time is almost entirely up to how well the companies will execute. Considering Intel’s&nbsp;process problems&nbsp;and with AMD execution being consistently good, the chances are high that Intel will underperform. Even if Intel does not underperform, the roadmap implies that AMD is likely to continue to increase its share moderately on the client front for years to come and likely to increase its share dramatically on the server front for years to come.</p>\n<p>On the GPU front, AMD’s competitive position has improved significantly over the last few years. The current Navi2 generation, for example, is highly competitive with Nvidia’s RTX3 generation. Unfortunately for AMD, the Company has been severely supply-limited due to COVID-related and crypto-related demand and has been unable to take advantage of Navi2 relative performance gains. However, in 2022 and 2023, these are no longer likely to be issues and supply should be plentiful. What this implies is that AMD has a significant market share upside looking into 2022 and 2023. In context, AMD’s roadmap is compelling. At the minimum, AMD is likely to hold its own against Nvidia with its Navi3 generation of products. Here again, there is an opportunity for AMD to gain a significant amount of GPU market share.</p>\n<p>While the roadmap is only till 2023, the implications go well beyond that. It typically takes several quarters for new products to ramp up. So, 2023 products are likely to drive not only 2023 but also 2024 revenues. In the meantime,the hourglass model&nbsp;continues to be the predictor of the future – with AMD fortunes rising and Intel’s and Nvidia’s falling.</p>\n<p><b>Near Term Acquisition Dragging AMD Stock</b></p>\n<p>The acquisition of Xilinx(NASDAQ:XLNX)&nbsp;has been a drag&nbsp;on AMD stock price since the deal was originally announced as AMD significantly overpaid Xilinx investors due to poor deal terms. The arbitrage around the deal has also acted in a way to suppress AMD stock price for an extended period. However, as discussed in&nbsp;an earlier article, this deal is now about to close. Prior to the deal close, Xilinx stock is likely a significantly superior investment to AMD due to the large arbitrage discount on the deal (image below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f3b5d58f09a038d7d6c5e84926ee77c\" tg-width=\"640\" tg-height=\"171\" width=\"100%\" height=\"auto\"><span>Source: UpNDown</span></p>\n<p>Once this deal closes, likely in a matter of a few weeks, the arbitrage action will end, and AMD stock is likely to move more freely without the Xilinx drag. Post Xilinx acquisition, AMD will be a larger company with higher gross margins and more scale and consolidation opportunities for further future earnings leverage.</p>\n<p><b>Risks And Opportunities</b></p>\n<p>As discussed above in the context of the roadmap above, AMD is now well situated competitively to continue its strong growth. AMD, within a few years, should have a much bigger chunk of the CPU and GPU markets with progressively higher-margin products. In addition, the Xilinx acquisition provides AMD with considerable new growth opportunities in the datacenter and telecom segments. AMD can also much more widely disperse its x86 and GPU IP through the Xilinx FPGA platform thus meaningfully increasing customer engagement.</p>\n<p>The Company, with its IP deal with Samsung(OTC:SSNLF)has now indirectly entered the handset arena. AMD’s Radeon IP has a chance to&nbsp;meaningfully displace&nbsp;Qualcomm Adreno GPUs in the mobile handset market. Considering the large unit potential - 1.6B TAM worldwide - even a small share of this market could meaningfully add to AMD’s fortunes.</p>\n<p>The primary risk to AMD, contrary to popular belief, is not Intel, but its own execution. For the foreseeable future, there is no sign that Intel will overwhelm AMD. The oft-discussed ARM CPUs are also not a meaningful threat to AMD as the likely share of ARM in both server and client markets is likely to be very low, in the single-digit percentage, for many years to come. The Company’s destiny is very much in its own hands. As long as AMD can execute well on the known roadmap, the Company will do well. There could be temporary near-term headwinds as COVID and crypto demand fades. However, even this is not a big concern as the strong growth in other parts of AMD should more than offset any such weakness.</p>\n<p><b>Prognosis</b></p>\n<p>Considering AMD’s recent growth, market share, and earnings momentum as well as the long term product roadmap, we would argue that analyst consensus (see image below) is absurdly low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1f4d2491479d339ce924353cfd2f8d\" tg-width=\"640\" tg-height=\"312\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>The analyst consensus is understandable given the management guidance. As the sell-side does not deviate much from spoon-fed management guidance, the consensus reflects the low 20% growth rate that the management has been guiding. As such, thanks to heavily sandbagged guidance, the company is likely to be in a beat-and-raise mode for many quarters to come – even if the company were to grossly underperform. However, given the product and competitive vectors discussed above, there is not much reason to think that the company will underperform. Earnings estimates are likely to jump substantially during the next several quarters including Q3 2021. While predicting the future especially with a choppy macro is risky, it is difficult to see AMD growing revenue less than 30% for the next few years. At that rate of revenue growth, earnings should accelerate much more, thanks to the leveraged nature of the semiconductor business model. Considering the revenue growth and earnings leverage, well over 100% growth in AMD stock over the next five years is likely. With strong growth in view,<i>Beyond The Hype</i>&nbsp;considers AMD the best semiconductor bet in the market today.</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>Where Will AMD Be In 5 Years?</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\">\nWhere Will AMD Be In 5 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-14 17:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4459745-amd-stock-5-years><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nArticle discusses the stock's meteoric rise and the company's ongoing growth.\nComparative roadmaps from AMD, Intel, and Nvidia show that AMD's prospects are strong for the next several years....</p>\n\n<a href=\"https://seekingalpha.com/article/4459745-amd-stock-5-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4459745-amd-stock-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183676192","content_text":"Summary\n\nArticle discusses the stock's meteoric rise and the company's ongoing growth.\nComparative roadmaps from AMD, Intel, and Nvidia show that AMD's prospects are strong for the next several years.\nThe stock is being held back by absurdly low guidance and fears about Intel and the article shows why these should not be concerns.\n\nJHVEPhoto/iStock Editorial via Getty Images\nAdvanced Micro Devices(NASDAQ:AMD)had a great five-year run – from about $2 in early 2016 to over $100 in the last few months. A rather spectacular 50x run. Along the way, many analysts have doubted the company and called an end to AMD's stock run; and there is still a cottage industry of analysts who continue to call an end to AMD’s ascent. For long-term investors, none of the doubting analysts’ prognostications matters as long as the company continues to out-execute its peers. As such, investors should not mind much about catching dips in the stock but focus on the long-term prospects of the company. So, where is AMD likely to be a few years from now?\nFirst, let us consider the current stock price of AMD. At the time of writing this article, AMD is trading around $105 with a trailing PE of about 37 and a forward PE of about 34. This valuation seems very low considering AMD’s recent revenue growth as can be seen in the image below.\nSource: AMD Q2 2021 earnings presentation\nWhere in this market do you get a technology company growing so spectacularly get a low 37 times trailing PE valuation? Why is there such a discount?\nThe Company’s low valuation, relative to the growth, is likely due to conservative management guidance and fear that arch-rival Intel(NASDAQ:INTC)will fight back with a vengeance and take market share back from AMD at some point in the future. As far as management guidance goes, note that AMD started 2021 with a revenue growth guidance of 37%. After Q1, the Company updated its guidance to 50% growth. After Q2, the Company updated the growth guidance to 60%. Contrary to management guidance and analyst estimates,as far back as January,Beyond The Hypehas indicated that guidance and consensus was, conservatively, light by about 25%! As the year passed, AMD’s prospects have only become stronger.Beyond The Hype now estimates that, during the Q3 earnings release, the Company will beat and raise and update the guidance once again to around 70% growth. The key to note here is that AMD’s guidance practices have been extremely conservative; if not ridiculous. This overly conservative guidance is, unfortunately, suppressing analyst consensus and the stock price.\nThe second aspect of undervaluation, the fear of Intel, is also largely baseless. Ever since AMD launched its Zen product line, the naysayers have been predicting Intel’s imminent counterattack. We are now five years into Zen, no such counterattack has materialized. Will it change in the foreseeable future?\nTo get a long term picture of the company, one needs to compare and contrast its product roadmap with that of its primary competitors Intel and Nvidia(NASDAQ:NVDA). Unfortunately, roadmaps of these companies are governed by non-disclosure agreements and are not available from the respective companies. However, a considerable amount of information becomes available in bits and pieces through management commentary, leaks, and rumors. The following image shows one such compiled roadmap compiled from credible sources.\nSource: 3DCenter.org\nIt is hard to decipher from this image how the products in this roadmap will compare with each other. However, there is a considerable amount of information to go along with these code names in the blogosphere. To make a long story short, the available information suggests that if Intel keeps to its roadmap, it will have somewhat of parity with AMD in laptop and desktop CPUs but will significantly lag AMD when it comes to server and workstation CPUs.\nHow exactly the roadmap plays out over time is almost entirely up to how well the companies will execute. Considering Intel’s process problems and with AMD execution being consistently good, the chances are high that Intel will underperform. Even if Intel does not underperform, the roadmap implies that AMD is likely to continue to increase its share moderately on the client front for years to come and likely to increase its share dramatically on the server front for years to come.\nOn the GPU front, AMD’s competitive position has improved significantly over the last few years. The current Navi2 generation, for example, is highly competitive with Nvidia’s RTX3 generation. Unfortunately for AMD, the Company has been severely supply-limited due to COVID-related and crypto-related demand and has been unable to take advantage of Navi2 relative performance gains. However, in 2022 and 2023, these are no longer likely to be issues and supply should be plentiful. What this implies is that AMD has a significant market share upside looking into 2022 and 2023. In context, AMD’s roadmap is compelling. At the minimum, AMD is likely to hold its own against Nvidia with its Navi3 generation of products. Here again, there is an opportunity for AMD to gain a significant amount of GPU market share.\nWhile the roadmap is only till 2023, the implications go well beyond that. It typically takes several quarters for new products to ramp up. So, 2023 products are likely to drive not only 2023 but also 2024 revenues. In the meantime,the hourglass model continues to be the predictor of the future – with AMD fortunes rising and Intel’s and Nvidia’s falling.\nNear Term Acquisition Dragging AMD Stock\nThe acquisition of Xilinx(NASDAQ:XLNX) has been a drag on AMD stock price since the deal was originally announced as AMD significantly overpaid Xilinx investors due to poor deal terms. The arbitrage around the deal has also acted in a way to suppress AMD stock price for an extended period. However, as discussed in an earlier article, this deal is now about to close. Prior to the deal close, Xilinx stock is likely a significantly superior investment to AMD due to the large arbitrage discount on the deal (image below).\nSource: UpNDown\nOnce this deal closes, likely in a matter of a few weeks, the arbitrage action will end, and AMD stock is likely to move more freely without the Xilinx drag. Post Xilinx acquisition, AMD will be a larger company with higher gross margins and more scale and consolidation opportunities for further future earnings leverage.\nRisks And Opportunities\nAs discussed above in the context of the roadmap above, AMD is now well situated competitively to continue its strong growth. AMD, within a few years, should have a much bigger chunk of the CPU and GPU markets with progressively higher-margin products. In addition, the Xilinx acquisition provides AMD with considerable new growth opportunities in the datacenter and telecom segments. AMD can also much more widely disperse its x86 and GPU IP through the Xilinx FPGA platform thus meaningfully increasing customer engagement.\nThe Company, with its IP deal with Samsung(OTC:SSNLF)has now indirectly entered the handset arena. AMD’s Radeon IP has a chance to meaningfully displace Qualcomm Adreno GPUs in the mobile handset market. Considering the large unit potential - 1.6B TAM worldwide - even a small share of this market could meaningfully add to AMD’s fortunes.\nThe primary risk to AMD, contrary to popular belief, is not Intel, but its own execution. For the foreseeable future, there is no sign that Intel will overwhelm AMD. The oft-discussed ARM CPUs are also not a meaningful threat to AMD as the likely share of ARM in both server and client markets is likely to be very low, in the single-digit percentage, for many years to come. The Company’s destiny is very much in its own hands. As long as AMD can execute well on the known roadmap, the Company will do well. There could be temporary near-term headwinds as COVID and crypto demand fades. However, even this is not a big concern as the strong growth in other parts of AMD should more than offset any such weakness.\nPrognosis\nConsidering AMD’s recent growth, market share, and earnings momentum as well as the long term product roadmap, we would argue that analyst consensus (see image below) is absurdly low.\nSource:Seeking Alpha\nThe analyst consensus is understandable given the management guidance. As the sell-side does not deviate much from spoon-fed management guidance, the consensus reflects the low 20% growth rate that the management has been guiding. As such, thanks to heavily sandbagged guidance, the company is likely to be in a beat-and-raise mode for many quarters to come – even if the company were to grossly underperform. However, given the product and competitive vectors discussed above, there is not much reason to think that the company will underperform. Earnings estimates are likely to jump substantially during the next several quarters including Q3 2021. While predicting the future especially with a choppy macro is risky, it is difficult to see AMD growing revenue less than 30% for the next few years. At that rate of revenue growth, earnings should accelerate much more, thanks to the leveraged nature of the semiconductor business model. Considering the revenue growth and earnings leverage, well over 100% growth in AMD stock over the next five years is likely. With strong growth in view,Beyond The Hype considers AMD the best semiconductor bet in the market today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821894295,"gmtCreate":1633718259723,"gmtModify":1633744976575,"author":{"id":"3575284407051997","authorId":"3575284407051997","name":"joshuachin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"The expectations are really high on this one given the stock's massive bull run. And Snapchat isn't that popular outside the States","listText":"The expectations are really high on this one given the stock's massive bull run. And Snapchat isn't that popular outside the States","text":"The expectations are really high on this one given the stock's massive bull run. And Snapchat isn't that popular outside the States","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821894295","repostId":"2173926946","repostType":2,"repost":{"id":"2173926946","pubTimestamp":1633696500,"share":"https://www.laohu8.com/m/news/2173926946?lang=&edition=full","pubTime":"2021-10-08 20:35","market":"us","language":"en","title":"Snap Earnings: Metrics Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2173926946","media":"Motley Fool","summary":"Will this social media company continue to impress Wall Street?","content":"<p><b><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>'s</b> mobile app, Snapchat, has seen strong adoption by younger generations, and the pandemic only accelerated user engagement. Not surprisingly, the company has delivered impressive financial results in recent quarters. Can that trend continue?</p>\n<p>In this <i>Backstage Pass</i> video, which aired <b>Sept. 29</b>, Motley Fool contributor Trevor Jennewine discusses the metrics investors need to know when Snap reports third-quarter earnings later this month. Snap is expected to report earnings on Oct. 21.</p>\n<p><b>Trevor Jennewine:</b>&nbsp;Snap's primary product is Snapchat; although they do have Spectacles as well. But Snapchat is the mobile app, and if you're not familiar with it, it basically, it allows friends, families to connect visually. So, you can communicate with text messages, videos, you can connect with local brands, local businesses and brands, as well.</p>\n<p>Basically, the business model is digital advertising, and they allow brands and marketers to, they can create sponsored lenses and filters, or they can display images and videos between other user-generated content. With any business where you're looking for digital ads, to monetize by digital ads, user engagement is getting important. I'm going to throw up some numbers real quick. I think some of these figures are pretty impressive.</p>\n<p>Snapchat has 293 million daily active users. That pales in comparison to something like <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b>. But still a big number. But what impresses me is that these daily active users are opening the app 30 times every single day and they spend about 30 minutes engaged with content. I think that's impressive. I think the big number is over 75% of the 13 to 34 year-old US population uses Snapchat. If you look at 13-24 year-olds, it's over 90%. Just incredible penetration among younger generations. That's a very valuable demographic to advertisers. There's a lot of things Snap mentions that there's a lot of big decisions that are going on during the time of your life. You're buying your first car, you're going to college, getting your first job. Lots of decisions being made, lots of reasons to target that demographic with ads. I'm going to switch to my other slides here. But I think the company is --especially the attraction that they've gained with younger users -- is impressive.</p>\n<p>This stock has been a market crusher over the last year. It's up over 200%. While the <b>S&amp;P 500</b> is up about 32% and they were reporting earnings on the 19th. Still a little while to go. To put some context behind the upcoming earnings, last quarter management reported revenue of 982 million and that was up over a 100%. The average revenue per user, which is basically the revenue divided by the user base, was up 76%. This helps you gauge how efficiently the company is monetizing its user base. They're not profitable on a GAAP basis and they're also free cash flow negative. They're looking at adjusted EBITDA, which is earnings before interest, taxes, depreciation, and amortization. That came in at, adjusted EBITDA was $117 million, up over 200% last quarter. The loss is narrowing, but like I mentioned, it's still free cash flow negative.</p>\n<p>Turning to what I'm looking for in the third quarter, management is expecting revenue of $1.07 billion to $1.08 billion, which is up about 60%. Then adjusted EBITDA of a $120 million or so, up over a 100%. I will be looking at their daily active users to see how they can continue to grow that number. Other social platforms have stumbled. <b>Pinterest</b> saw some big headwinds in the most recent quarter two with their user base. Snap hasn't really seen the same thing. I will be looking to see if they maintain that momentum. I'll be looking at the average revenue per user just to see how effectively they're able to monetize that user base.</p>\n<p>Then, management commentary on any upcoming products. The company has partnered with the likes of <b>Walt Disney</b> and <b>Bumble</b> recently, they're actually integrating their camera with applications off of the Snapchat platform. They just released or announced a pair of spectacles for creators that actually have, it's their first device with a built-in 3D augmented reality display. I'll be looking to see if there's any commentary around that. Then paying attention to the company's free cash flow on a quarterly basis, they did generate positive free cash flow, not the last quarter, but in the first quarter of 2021. Hopefully they can make that a more consistent thing and reach positive free cash flow on a trailing-12-month basis. That's where I'll be looking when the company reports earnings.</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>Snap Earnings: Metrics Investors Need to Know</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\">\nSnap Earnings: Metrics Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 20:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/10/08/snap-earnings-metrics-investors-need-to-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap Inc's mobile app, Snapchat, has seen strong adoption by younger generations, and the pandemic only accelerated user engagement. Not surprisingly, the company has delivered impressive financial ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/08/snap-earnings-metrics-investors-need-to-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","ISBC":"投资者银行"},"source_url":"https://www.fool.com/investing/2021/10/08/snap-earnings-metrics-investors-need-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173926946","content_text":"Snap Inc's mobile app, Snapchat, has seen strong adoption by younger generations, and the pandemic only accelerated user engagement. Not surprisingly, the company has delivered impressive financial results in recent quarters. Can that trend continue?\nIn this Backstage Pass video, which aired Sept. 29, Motley Fool contributor Trevor Jennewine discusses the metrics investors need to know when Snap reports third-quarter earnings later this month. Snap is expected to report earnings on Oct. 21.\nTrevor Jennewine: Snap's primary product is Snapchat; although they do have Spectacles as well. But Snapchat is the mobile app, and if you're not familiar with it, it basically, it allows friends, families to connect visually. So, you can communicate with text messages, videos, you can connect with local brands, local businesses and brands, as well.\nBasically, the business model is digital advertising, and they allow brands and marketers to, they can create sponsored lenses and filters, or they can display images and videos between other user-generated content. With any business where you're looking for digital ads, to monetize by digital ads, user engagement is getting important. I'm going to throw up some numbers real quick. I think some of these figures are pretty impressive.\nSnapchat has 293 million daily active users. That pales in comparison to something like Facebook. But still a big number. But what impresses me is that these daily active users are opening the app 30 times every single day and they spend about 30 minutes engaged with content. I think that's impressive. I think the big number is over 75% of the 13 to 34 year-old US population uses Snapchat. If you look at 13-24 year-olds, it's over 90%. Just incredible penetration among younger generations. That's a very valuable demographic to advertisers. There's a lot of things Snap mentions that there's a lot of big decisions that are going on during the time of your life. You're buying your first car, you're going to college, getting your first job. Lots of decisions being made, lots of reasons to target that demographic with ads. I'm going to switch to my other slides here. But I think the company is --especially the attraction that they've gained with younger users -- is impressive.\nThis stock has been a market crusher over the last year. It's up over 200%. While the S&P 500 is up about 32% and they were reporting earnings on the 19th. Still a little while to go. To put some context behind the upcoming earnings, last quarter management reported revenue of 982 million and that was up over a 100%. The average revenue per user, which is basically the revenue divided by the user base, was up 76%. This helps you gauge how efficiently the company is monetizing its user base. They're not profitable on a GAAP basis and they're also free cash flow negative. They're looking at adjusted EBITDA, which is earnings before interest, taxes, depreciation, and amortization. That came in at, adjusted EBITDA was $117 million, up over 200% last quarter. The loss is narrowing, but like I mentioned, it's still free cash flow negative.\nTurning to what I'm looking for in the third quarter, management is expecting revenue of $1.07 billion to $1.08 billion, which is up about 60%. Then adjusted EBITDA of a $120 million or so, up over a 100%. I will be looking at their daily active users to see how they can continue to grow that number. Other social platforms have stumbled. Pinterest saw some big headwinds in the most recent quarter two with their user base. Snap hasn't really seen the same thing. I will be looking to see if they maintain that momentum. I'll be looking at the average revenue per user just to see how effectively they're able to monetize that user base.\nThen, management commentary on any upcoming products. The company has partnered with the likes of Walt Disney and Bumble recently, they're actually integrating their camera with applications off of the Snapchat platform. They just released or announced a pair of spectacles for creators that actually have, it's their first device with a built-in 3D augmented reality display. I'll be looking to see if there's any commentary around that. Then paying attention to the company's free cash flow on a quarterly basis, they did generate positive free cash flow, not the last quarter, but in the first quarter of 2021. Hopefully they can make that a more consistent thing and reach positive free cash flow on a trailing-12-month basis. That's where I'll be looking when the company reports earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879657639,"gmtCreate":1636722082073,"gmtModify":1636722082195,"author":{"id":"3575284407051997","authorId":"3575284407051997","name":"joshuachin","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/JNJ\">$Johnson &amp; Johnson(JNJ)$</a>Breaking news: Johnson &amp; Johnson will be splitting into Johnson &amp; Johnson!! /s","listText":"<a href=\"https://laohu8.com/S/JNJ\">$Johnson &amp; Johnson(JNJ)$</a>Breaking news: Johnson &amp; Johnson will be splitting into Johnson &amp; Johnson!! /s","text":"$Johnson & Johnson(JNJ)$Breaking news: Johnson & Johnson will be splitting into Johnson & Johnson!! /s","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879657639","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}