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Nicolim
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Nicolim
2021-11-02
[Smile]
@小虎活动:[Halloween Game] Trade or Treat!
Nicolim
2021-11-01
[Smile]
@小虎活动:[Halloween Game] Trade or Treat!
Nicolim
2021-11-01
[Smile]
@小虎活动:[Halloween Game] Trade or Treat!
Nicolim
2021-10-31
[Smile]
@小虎活动:[Halloween Game] Trade or Treat!
Nicolim
2021-10-30
[Miser]
@小虎活动:[Halloween Game] Trade or Treat!
Nicolim
2021-09-26
$Diamondback(FANG)$
[Smile]
Nicolim
2021-08-17
$Apple(AAPL)$
[Miser]
Nicolim
2021-08-02
$Apple(AAPL)$
[Smile]
Nicolim
2021-07-27
$Apple(AAPL)$
[Miser] [Miser]
Nicolim
2021-07-16
$Apple(AAPL)$
[Miser]
Nicolim
2021-07-13
$Apple(AAPL)$
[Smile]
Nicolim
2021-06-23
$Energy Transfer LP(ET)$
[Smile]
Nicolim
2021-06-22
$C3.ai, Inc.(AI)$
[Smile]
Nicolim
2021-06-18
[Smile]
Alibaba Stock: The Bottoming Process Looks To Be Forming Already
Nicolim
2021-06-17
[Miser]
Nicolim
2021-06-15
[What]
Nicolim
2021-06-13
[呆住]
Nicolim
2021-06-12
[财迷]
Nicolim
2021-06-12
$黑莓(BB)$
[无语]
Nicolim
2021-06-11
[财迷]
去老虎APP查看更多动态
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Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? 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Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? 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Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":912,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840200239,"gmtCreate":1635646596805,"gmtModify":1635646596900,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/840200239","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36984908995200","idStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840393347,"gmtCreate":1635584311571,"gmtModify":1635584311668,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] ","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/840393347","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36984908995200","idStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868897027,"gmtCreate":1632626442769,"gmtModify":1632649898385,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FANG\">$Diamondback(FANG)$</a>[Smile] ","listText":"<a 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LP(ET)$[Smile]","images":[{"img":"https://static.tigerbbs.com/b78dd6434d2f93fb3abdf0758906d510","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":28,"repostSize":0,"link":"https://laohu8.com/post/123106179","isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":120717500,"gmtCreate":1624337367000,"gmtModify":1631887089032,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AI\">$C3.ai, Inc.(AI)$</a>[Smile] ","listText":"<a href=\"https://laohu8.com/S/AI\">$C3.ai, Inc.(AI)$</a>[Smile] ","text":"$C3.ai, Inc.(AI)$[Smile]","images":[{"img":"https://static.tigerbbs.com/213496a8eeda3c1cd9a1b65d91ceaf4d","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/120717500","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":166382337,"gmtCreate":1623991927629,"gmtModify":1634024451462,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/166382337","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","pubTimestamp":1623978463,"share":"https://www.laohu8.com/m/news/1175693382?lang=&edition=full","pubTime":"2021-06-18 09:07","market":"us","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</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\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8 <a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163241319,"gmtCreate":1623887293231,"gmtModify":1634026517460,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] 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Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":839425956,"gmtCreate":1629175758075,"gmtModify":1633686802284,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser] ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser] 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","text":"$Diamondback(FANG)$[Smile]","images":[{"img":"https://static.tigerbbs.com/58862a1bc49d33131e31f5e16b24f5b8","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":70,"repostSize":0,"link":"https://laohu8.com/post/868897027","isVote":1,"tweetType":1,"viewCount":1226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":805299720,"gmtCreate":1627881117760,"gmtModify":1633755632959,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Smile] ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Smile] 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LP(ET)$[Smile]","images":[{"img":"https://static.tigerbbs.com/b78dd6434d2f93fb3abdf0758906d510","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":28,"repostSize":0,"link":"https://laohu8.com/post/123106179","isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":170087694,"gmtCreate":1626395891918,"gmtModify":1633927184872,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser] ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser] ","text":"$Apple(AAPL)$[Miser]","images":[{"img":"https://static.tigerbbs.com/6c718ace322269c61ef2fd30bc24f0b3","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":22,"repostSize":0,"link":"https://laohu8.com/post/170087694","isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":809507262,"gmtCreate":1627376327456,"gmtModify":1633765590978,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser] [Miser] ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Miser] [Miser] ","text":"$Apple(AAPL)$[Miser] [Miser]","images":[{"img":"https://static.tigerbbs.com/9e092b8b2b7487bf4df1acebbc88f858","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/809507262","isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":192914343,"gmtCreate":1621136848782,"gmtModify":1634193824346,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/192914343","repostId":"1185220705","repostType":4,"repost":{"id":"1185220705","pubTimestamp":1621001944,"share":"https://www.laohu8.com/m/news/1185220705?lang=&edition=full","pubTime":"2021-05-14 22:19","market":"us","language":"en","title":"7 Hot Stocks To Buy Now For A Summer Of Reopenings","url":"https://stock-news.laohu8.com/highlight/detail?id=1185220705","media":"InvestorPlace","summary":"These hot stocks to buy are well positioned to benefit from a healing economy.\n\nVolatility is on the","content":"<blockquote>\n <b>These hot stocks to buy are well positioned to benefit from a healing economy.</b>\n</blockquote>\n<p>Volatility is on the rise, putting the pressure on many high growth stocks. As we all get ready to welcome summer days that more closely resemble our pre-pandemic lives, the markets are rotating away from the growth stocks it favored during lockdowns and quarantines, especially tech shares.</p>\n<p>For instance, the tech-heavy<b>NASDAQ 100</b>index is down more than 4% since the start of May. As a result, many retail investors are wondering which sectors and stocks might be do well in the remaining days of the quarter.</p>\n<p>The ongoing Covid-19 pandemic remains the most crucial market factor. Last year, that meant buying businesses that benefited from trends resulting from the pandemic and the lockdown (such as digitalization, health care, renewable energy or work-from-home). However, many of this year’s leading stocks are those most likely to benefit from a recovering economy and a ‘return to normalcy.’</p>\n<p>With that information, here are seven hot stocks to buy:</p>\n<ul>\n <li><b>Align Technology</b>(NASDAQ:<b><u>ALGN</u></b>)</li>\n <li><b>Ford Motor</b>(NYSE:<b><u>F</u></b>)</li>\n <li><b>Freeport-McMoRan</b>(NYSE:<b><u>FCX</u></b>)</li>\n <li><b>Hilton Worldwide</b>(NYSE:<b><u>HLT</u></b>)</li>\n <li><b>Stryker</b>(NYSE:<b><u>SYK</u></b>)</li>\n <li><b>Take-Two Interactive</b>(NASDAQ:<b><u>TTWO</u></b>)</li>\n <li><b>Verizon Communications</b>(NYSE:<b><u>VZ</u></b>)</li>\n</ul>\n<p>Over the past 12 months, investors were able to find quality names at good value. Now, valuation levels are quite stretched. Yet, there are still plenty of robust investment opportunities out there, especially for long-term investors.</p>\n<p><b>Hot stocks to buy:</b> <b><b>Align Technology</b></b><b>(ALGN)</b><img src=\"https://static.tigerbbs.com/d1e5a088c59cdc7b46f9f8be1a68931e\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: rafapress / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$</b><b>195.56</b><b>– $</b><b>647.20</b></p>\n<p>Dental device groupAlign Technology is primarily known for its Invisalign system, an alternative to traditional braces to correct malocclusions, or misalignment of the teeth. You might know of this product as invisible dental braces. The company also manufactures scanners and offers computer-aided design (CAD) services to support the customization of these liners.</p>\n<p>Align Technologyreported record-setting first quarter resultson April 28. Total revenue was $894.8 million, up 62.4% year-over-year (YoY). On a non-GAAP basis, first quarter net income was $198.4 million, or $2.49 per diluted share. This represented a 242% increase from $57.9 million, or 73 cents per diluted share, recorded in the prior year quarter.Cash and equivalents stood at $1.1 billion.</p>\n<p>CEO Joe Hogan said:</p>\n<blockquote>\n “It’s remarkable to think about the pace of growth and adoption that we are experiencing worldwide, especially when considering it took 10 years to achieve our one millionth Invisalign patient milestone. Now we are adding one million new Invisalign patients in less than six months.”\n</blockquote>\n<p>The pandemic has meant many individuals had to postpone non-essential dental procedures. As our economy opens up further, more people are likely to start elective dental procedures, such as tooth straightening treatments. Meanwhile, the number of orthodontists and general practitioner dentists using theInvisalign system stateside is on the rise. Therefore, the company is likely to keep growing for many quarters to come. Its market capitalization (cap) stands at $43 billion.</p>\n<p>Year-to-date (YTD), the shares are up 3% and hit a record high in late April. ALGN stock’s forward price-to-earnings (P/E) and price-to-sales (P/S) ratios are 65.36 and 16.88.</p>\n<p>Short-term profit-taking could put pressure on the shares. A potential decline toward $520 would improve the margin of safety.</p>\n<p><b>Ford Motor</b>(F)<img src=\"https://static.tigerbbs.com/8f2a0f3d677a90ffec184c1164d5366b\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Vitaliy Karimov / Shutterstock.com</p>\n<p><b>52-week range: $4.52 – $13.62</b></p>\n<p>Legacy automaker Ford Motorreported first quarter resultsin late April. Revenue increased 6% to $36.2 billion. GAAP net income was $3.3 billion, compared to net loss of $2 billion in the prior year quarter.Adjusted earnings per share came at 89 cents.</p>\n<p>CEO Jim Farley regards the Mustang Mach-E GT as Ford’s first serious push into theelectric vehicle(EV) space. Going forward, CFO John Lawler highlighted that semiconductor shortage, exacerbated by a recent fire at a supplier plant in Japan, would likely get worse before bottoming out in Q2. The auto industry, as well as many other sectors, are under pressure due to the chip shortage worldwide.</p>\n<p>YTD, Ford shares are up over 32%. Forward P/E and P/S ratios stand at 11.76 and 0.37, respectively. Since the earnings report, F stock has come under pressure. Any further decline toward $10 would improve the risk/return profile.</p>\n<p>In addition to its legacy business, the new decade will likely see Ford gain gain market share in the growing EV industry. Buy-and-hold investor should put the shares on their radar.</p>\n<p><b>Freeport-McMoRan</b>(FCX)<img src=\"https://static.tigerbbs.com/6ab2c325ffcebae5165f020a789bb1e7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: MICHAEL A JACKSON FILMS / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$7.80 – $44.50</b></p>\n<p>Next in line is one of the largest copper miners worldwide, the Phoenix,Arizona-based Freeport-McMoRan. Itssegments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.</p>\n<p>Regular<i>InvestorPlace.com</i>readers know well how copper has been under the spotlight in recent months. It is a critical commodity, seeing high demand as the economy opens up further. In addition, copper is used in infrastructure projects, such as construction, transportation and electrical networks. This major industrial metal is also used heavily in the transition to renewable energy. And EVs use up to four times more copper than traditional cars.</p>\n<p>Freeport-McMoRanreported first-quarter resultsin late April. Consolidated sales came in at $4.85 billion, a73.3% YoY increase from$2.80 billion in the prior year period. Adjusted net income totaled $756 million, or 51 cents per diluted share. As of March 31, the company had $4.58 billion in cash and equivalents.</p>\n<p>CEO Richard C. Adkerson said:</p>\n<blockquote>\n “We are well positioned for long-term success as a leading producer of copper required for a growing global economy and accelerating demand from copper’s critical role in building infrastructure and the transition to clean energy.”\n</blockquote>\n<p>Since the start of the year, FCX stock has returned over 60%. Forward P/E and P/S ratios are16.98and 3.97, respectively. Copper bulls could look to buy the dips in the shares.</p>\n<p><b>Hilton Worldwide</b>(HLT)<img src=\"https://static.tigerbbs.com/b8b940753d6293ed4c2b162c8dd4b63f\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: josefkubes / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$</b><b>62.47</b><b>– $</b><b>132.69</b></p>\n<p>Hilton Worldwide is one of the leading names in theleisure and hotel space, operating more than a million rooms across 18 brands. Needless to say, for over a year, hotel room bookings have taken a beating.</p>\n<p>Hampton and Hilton are currently the group’s two largest brands by total room count at 28% and 21%, respectively. For hotels, revenue per available room is the key measure of top-line performance.</p>\n<p>Hiltonreported first quarter resultson May 5.Total revenue fell more than 54% to $874 million. Revenue per available room declined about 38% from a year earlier. Net loss was $109 million.</p>\n<p>CEO Christopher J. Nassetta remarked, “While rising COVID-19 cases and tightened travel restrictions, particularly across Europe and our Asia Pacific region, weighed on demand in January and February, we saw meaningful improvement in March and April. We expect this positive momentum to continue as vaccines are more widely distributed and our customers feel safe traveling again.”</p>\n<p>So far in 2021, HLT stock is up 9%. Forward P/E and P/S ratios are47.85and10.54respectively. Many investors see the shares as a bet on the post-pandemic recovery. Buy-and-hold investors should regard a decline toward the $110 level as an opportune point of entry into the shares.</p>\n<p><b>Stryker (SYK)</b><img src=\"https://static.tigerbbs.com/4312ffefa76a295e858a21726a3fa090\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p><b>52-week range: $171.75-268.04</b></p>\n<p>Kalamazoo, Michigan-based Stryker manufactures medical equipment, consumable supplies and implantable devices. Its product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices. As for many companies, the pandemic meant a disruption of business.</p>\n<p>Stryker releasedQ1 2021 figuresin recent weeks. The company’s top line increased 10.2% YoY to $4 billion. Adjusted diluted EPS was $1.93, a 4.9% YoY increase. Quarter-end cash and equivalents stood at $2.2 billion.</p>\n<p>Management cited, “As we recover from the pandemic, we continue to expect 2021 organic net sales growth to be in the range of 8% to 10% from 2019, as this is a more normal baseline given the variability throughout 2020, and now expect adjusted net earnings per diluted share to be in the range of $9.05 to $9.30.”</p>\n<p>YTD, Stryker stock has returned about 4% and hit a record high in late April. The current price supports a dividend yield of 0.99%. As life gets back to normal in the coming months, the company should see higher procedure volumes, translating into stronger revenue.</p>\n<p>Furthermore, our country is aging. Thus, its products are likely to be used by more individuals. However, the shares are richly valued. Forward P/Eand P/S ratios are 27.78 and 6.59.</p>\n<p>Interested investors would find better value around $240.</p>\n<p><b>Take-Two Interactive</b>(TTWO)<img src=\"https://static.tigerbbs.com/cd6a5001e1afc373b4f5e7eab41193f8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Thomas Pajot / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$</b><b>124.86</b><b>– $</b><b>214.91</b></p>\n<p>Game publisher Take-Two Interactive markets products through its subsidiaries Rockstar Games and 2K. Its iconic title<i>Grand Theft Auto V</i> (<i>GTA V</i>) is well-known by players worldwide and brings in a large slice of revenues. Other titles include<i>NBA 2K</i>,<i>Civilization</i>,<i>Borderlands</i>,<i>Bioshock</i>, and<i>Xcom</i>. The video gaming industry has been one of the clear winners during the ‘stay-at-home’ days of the pandemic. Management plans to release new names in the coming quarters.</p>\n<p>In February, Take-Two Interactivereported strong Q3 results. GAAP net revenue was $860.9 million, as compared to $930.1 million in the prior year quarter. GAAP net income increased 11% to $182.2 million, or $1.57 per diluted share, compared to $163.6 million, or $1.43 per diluted share, a year ago. As of Dec. 31, 2020, the company had cash and short-term investments of $2.42 billion.</p>\n<p>CEO Strauss Zelnick said:</p>\n<blockquote>\n “Due to an incredibly strong holiday season, coupled with our ability to provide consistently the highest quality entertainment experiences, especially as many individuals continue to shelter at home, Take-Two delivered operating results that significantly exceeded our expectations.”\n</blockquote>\n<p>YTD, shares are down around 18%. TTWO stock has given up some of its recent gains after hitting an all-time high in early February. Forward P/E and P/S ratios are 28.33 and 5.95, respectively.</p>\n<p>The recent pullback offers a good opportunity for long-term investors. Bear in mind the company will report Q4 results on May 18. Interested investors may want to analyze those metrics before buying into the share price.</p>\n<p>Verizon Communications (VZ)<img src=\"https://static.tigerbbs.com/8bd8efe91ecb461c940cc8eb994e7ded\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Ken Wolter / Shutterstock.com</p>\n<p><b>52-week range:</b><b>$52.85 – $61.95</b></p>\n<p>Our final stock is telecom giantVerizon Communications, which serves around 90.2 million postpaid and 4 million prepaid phone customers. Verizon announcedQ1 figures for 2021at the end of April. Revenue rose by 4% YoY to $32.867 billion. Bottom line growth was much more impressive, with 25.4% YoY increase. Net earnings realized was $5.378 billion. Diluted EPS came at $1.27. A year ago, it had been $1.00. During the quarter, cash flow from operations was $9.7 billion.</p>\n<p>CFO Matt Ellis cited:</p>\n<blockquote>\n “We delivered strong operational and financial performance, giving us positive momentum as we end the first quarter. High quality, sustainable wireless service revenue growth, a recovery in wireless equipment revenues, strong Fios momentum and excellent Verizon Media trends led the way.”\n</blockquote>\n<p>In December, the shares hit a 52-week high of $61.95. Now, the stock is just shy of $60. The current price supports a dividend yield of 4.2%. VZ stock’sforward P/Eand P/S ratios are 11.67 and 0.47, respectively. Interested investors could consider buying the dips.</p>\n<p><i>On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Hot Stocks To Buy Now For A Summer Of Reopenings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Hot Stocks To Buy Now For A Summer Of Reopenings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 22:19 GMT+8 <a href=https://investorplace.com/2021/05/7-hot-stocks-to-buy-now-for-a-summer-of-reopenings/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These hot stocks to buy are well positioned to benefit from a healing economy.\n\nVolatility is on the rise, putting the pressure on many high growth stocks. As we all get ready to welcome summer days ...</p>\n\n<a href=\"https://investorplace.com/2021/05/7-hot-stocks-to-buy-now-for-a-summer-of-reopenings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VZ":"威瑞森","FCX":"麦克莫兰铜金","TTWO":"Take-Two Interactive Software","HLT":"希尔顿酒店","F":"福特汽车","SYK":"史赛克","ALGN":"艾利科技"},"source_url":"https://investorplace.com/2021/05/7-hot-stocks-to-buy-now-for-a-summer-of-reopenings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185220705","content_text":"These hot stocks to buy are well positioned to benefit from a healing economy.\n\nVolatility is on the rise, putting the pressure on many high growth stocks. As we all get ready to welcome summer days that more closely resemble our pre-pandemic lives, the markets are rotating away from the growth stocks it favored during lockdowns and quarantines, especially tech shares.\nFor instance, the tech-heavyNASDAQ 100index is down more than 4% since the start of May. As a result, many retail investors are wondering which sectors and stocks might be do well in the remaining days of the quarter.\nThe ongoing Covid-19 pandemic remains the most crucial market factor. Last year, that meant buying businesses that benefited from trends resulting from the pandemic and the lockdown (such as digitalization, health care, renewable energy or work-from-home). However, many of this year’s leading stocks are those most likely to benefit from a recovering economy and a ‘return to normalcy.’\nWith that information, here are seven hot stocks to buy:\n\nAlign Technology(NASDAQ:ALGN)\nFord Motor(NYSE:F)\nFreeport-McMoRan(NYSE:FCX)\nHilton Worldwide(NYSE:HLT)\nStryker(NYSE:SYK)\nTake-Two Interactive(NASDAQ:TTWO)\nVerizon Communications(NYSE:VZ)\n\nOver the past 12 months, investors were able to find quality names at good value. Now, valuation levels are quite stretched. Yet, there are still plenty of robust investment opportunities out there, especially for long-term investors.\nHot stocks to buy: Align Technology(ALGN)Source: rafapress / Shutterstock.com\n52-week range:$195.56– $647.20\nDental device groupAlign Technology is primarily known for its Invisalign system, an alternative to traditional braces to correct malocclusions, or misalignment of the teeth. You might know of this product as invisible dental braces. The company also manufactures scanners and offers computer-aided design (CAD) services to support the customization of these liners.\nAlign Technologyreported record-setting first quarter resultson April 28. Total revenue was $894.8 million, up 62.4% year-over-year (YoY). On a non-GAAP basis, first quarter net income was $198.4 million, or $2.49 per diluted share. This represented a 242% increase from $57.9 million, or 73 cents per diluted share, recorded in the prior year quarter.Cash and equivalents stood at $1.1 billion.\nCEO Joe Hogan said:\n\n “It’s remarkable to think about the pace of growth and adoption that we are experiencing worldwide, especially when considering it took 10 years to achieve our one millionth Invisalign patient milestone. Now we are adding one million new Invisalign patients in less than six months.”\n\nThe pandemic has meant many individuals had to postpone non-essential dental procedures. As our economy opens up further, more people are likely to start elective dental procedures, such as tooth straightening treatments. Meanwhile, the number of orthodontists and general practitioner dentists using theInvisalign system stateside is on the rise. Therefore, the company is likely to keep growing for many quarters to come. Its market capitalization (cap) stands at $43 billion.\nYear-to-date (YTD), the shares are up 3% and hit a record high in late April. ALGN stock’s forward price-to-earnings (P/E) and price-to-sales (P/S) ratios are 65.36 and 16.88.\nShort-term profit-taking could put pressure on the shares. A potential decline toward $520 would improve the margin of safety.\nFord Motor(F)Source: Vitaliy Karimov / Shutterstock.com\n52-week range: $4.52 – $13.62\nLegacy automaker Ford Motorreported first quarter resultsin late April. Revenue increased 6% to $36.2 billion. GAAP net income was $3.3 billion, compared to net loss of $2 billion in the prior year quarter.Adjusted earnings per share came at 89 cents.\nCEO Jim Farley regards the Mustang Mach-E GT as Ford’s first serious push into theelectric vehicle(EV) space. Going forward, CFO John Lawler highlighted that semiconductor shortage, exacerbated by a recent fire at a supplier plant in Japan, would likely get worse before bottoming out in Q2. The auto industry, as well as many other sectors, are under pressure due to the chip shortage worldwide.\nYTD, Ford shares are up over 32%. Forward P/E and P/S ratios stand at 11.76 and 0.37, respectively. Since the earnings report, F stock has come under pressure. Any further decline toward $10 would improve the risk/return profile.\nIn addition to its legacy business, the new decade will likely see Ford gain gain market share in the growing EV industry. Buy-and-hold investor should put the shares on their radar.\nFreeport-McMoRan(FCX)Source: MICHAEL A JACKSON FILMS / Shutterstock.com\n52-week range:$7.80 – $44.50\nNext in line is one of the largest copper miners worldwide, the Phoenix,Arizona-based Freeport-McMoRan. Itssegments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.\nRegularInvestorPlace.comreaders know well how copper has been under the spotlight in recent months. It is a critical commodity, seeing high demand as the economy opens up further. In addition, copper is used in infrastructure projects, such as construction, transportation and electrical networks. This major industrial metal is also used heavily in the transition to renewable energy. And EVs use up to four times more copper than traditional cars.\nFreeport-McMoRanreported first-quarter resultsin late April. Consolidated sales came in at $4.85 billion, a73.3% YoY increase from$2.80 billion in the prior year period. Adjusted net income totaled $756 million, or 51 cents per diluted share. As of March 31, the company had $4.58 billion in cash and equivalents.\nCEO Richard C. Adkerson said:\n\n “We are well positioned for long-term success as a leading producer of copper required for a growing global economy and accelerating demand from copper’s critical role in building infrastructure and the transition to clean energy.”\n\nSince the start of the year, FCX stock has returned over 60%. Forward P/E and P/S ratios are16.98and 3.97, respectively. Copper bulls could look to buy the dips in the shares.\nHilton Worldwide(HLT)Source: josefkubes / Shutterstock.com\n52-week range:$62.47– $132.69\nHilton Worldwide is one of the leading names in theleisure and hotel space, operating more than a million rooms across 18 brands. Needless to say, for over a year, hotel room bookings have taken a beating.\nHampton and Hilton are currently the group’s two largest brands by total room count at 28% and 21%, respectively. For hotels, revenue per available room is the key measure of top-line performance.\nHiltonreported first quarter resultson May 5.Total revenue fell more than 54% to $874 million. Revenue per available room declined about 38% from a year earlier. Net loss was $109 million.\nCEO Christopher J. Nassetta remarked, “While rising COVID-19 cases and tightened travel restrictions, particularly across Europe and our Asia Pacific region, weighed on demand in January and February, we saw meaningful improvement in March and April. We expect this positive momentum to continue as vaccines are more widely distributed and our customers feel safe traveling again.”\nSo far in 2021, HLT stock is up 9%. Forward P/E and P/S ratios are47.85and10.54respectively. Many investors see the shares as a bet on the post-pandemic recovery. Buy-and-hold investors should regard a decline toward the $110 level as an opportune point of entry into the shares.\nStryker (SYK)Source: Shutterstock\n52-week range: $171.75-268.04\nKalamazoo, Michigan-based Stryker manufactures medical equipment, consumable supplies and implantable devices. Its product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices. As for many companies, the pandemic meant a disruption of business.\nStryker releasedQ1 2021 figuresin recent weeks. The company’s top line increased 10.2% YoY to $4 billion. Adjusted diluted EPS was $1.93, a 4.9% YoY increase. Quarter-end cash and equivalents stood at $2.2 billion.\nManagement cited, “As we recover from the pandemic, we continue to expect 2021 organic net sales growth to be in the range of 8% to 10% from 2019, as this is a more normal baseline given the variability throughout 2020, and now expect adjusted net earnings per diluted share to be in the range of $9.05 to $9.30.”\nYTD, Stryker stock has returned about 4% and hit a record high in late April. The current price supports a dividend yield of 0.99%. As life gets back to normal in the coming months, the company should see higher procedure volumes, translating into stronger revenue.\nFurthermore, our country is aging. Thus, its products are likely to be used by more individuals. However, the shares are richly valued. Forward P/Eand P/S ratios are 27.78 and 6.59.\nInterested investors would find better value around $240.\nTake-Two Interactive(TTWO)Source: Thomas Pajot / Shutterstock.com\n52-week range:$124.86– $214.91\nGame publisher Take-Two Interactive markets products through its subsidiaries Rockstar Games and 2K. Its iconic titleGrand Theft Auto V (GTA V) is well-known by players worldwide and brings in a large slice of revenues. Other titles includeNBA 2K,Civilization,Borderlands,Bioshock, andXcom. The video gaming industry has been one of the clear winners during the ‘stay-at-home’ days of the pandemic. Management plans to release new names in the coming quarters.\nIn February, Take-Two Interactivereported strong Q3 results. GAAP net revenue was $860.9 million, as compared to $930.1 million in the prior year quarter. GAAP net income increased 11% to $182.2 million, or $1.57 per diluted share, compared to $163.6 million, or $1.43 per diluted share, a year ago. As of Dec. 31, 2020, the company had cash and short-term investments of $2.42 billion.\nCEO Strauss Zelnick said:\n\n “Due to an incredibly strong holiday season, coupled with our ability to provide consistently the highest quality entertainment experiences, especially as many individuals continue to shelter at home, Take-Two delivered operating results that significantly exceeded our expectations.”\n\nYTD, shares are down around 18%. TTWO stock has given up some of its recent gains after hitting an all-time high in early February. Forward P/E and P/S ratios are 28.33 and 5.95, respectively.\nThe recent pullback offers a good opportunity for long-term investors. Bear in mind the company will report Q4 results on May 18. Interested investors may want to analyze those metrics before buying into the share price.\nVerizon Communications (VZ)Source: Ken Wolter / Shutterstock.com\n52-week range:$52.85 – $61.95\nOur final stock is telecom giantVerizon Communications, which serves around 90.2 million postpaid and 4 million prepaid phone customers. Verizon announcedQ1 figures for 2021at the end of April. Revenue rose by 4% YoY to $32.867 billion. Bottom line growth was much more impressive, with 25.4% YoY increase. Net earnings realized was $5.378 billion. Diluted EPS came at $1.27. A year ago, it had been $1.00. During the quarter, cash flow from operations was $9.7 billion.\nCFO Matt Ellis cited:\n\n “We delivered strong operational and financial performance, giving us positive momentum as we end the first quarter. High quality, sustainable wireless service revenue growth, a recovery in wireless equipment revenues, strong Fios momentum and excellent Verizon Media trends led the way.”\n\nIn December, the shares hit a 52-week high of $61.95. Now, the stock is just shy of $60. The current price supports a dividend yield of 4.2%. VZ stock’sforward P/Eand P/S ratios are 11.67 and 0.47, respectively. Interested investors could consider buying the dips.\nOn the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197536377,"gmtCreate":1621472635799,"gmtModify":1634188902246,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"So sad","listText":"So sad","text":"So sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/197536377","repostId":"1129952039","repostType":4,"repost":{"id":"1129952039","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&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&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&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> </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 <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":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"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 $0.04, beats on revenueVictoria's Secret parent L Brands swings to quarterly profit as sales riseCisco stock drops as higher costs amid chip shortage ding earnings outlookChip Design Software Firm Synopsys Trounces Fiscal Second-Quarter Targets","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190702134,"gmtCreate":1620650135328,"gmtModify":1634197429347,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"早就失控了//<a href=\"https://laohu8.com/U/3581848994911851\">@Sam5208</a>:Interesting","listText":"早就失控了//<a href=\"https://laohu8.com/U/3581848994911851\">@Sam5208</a>:Interesting","text":"早就失控了//@Sam5208:Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/190702134","repostId":"1164720452","repostType":4,"isVote":1,"tweetType":1,"viewCount":848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":138460310,"gmtCreate":1621954359530,"gmtModify":1634185165273,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LNT\">$Alliant(LNT)$</a>[Smile] ","listText":"<a href=\"https://laohu8.com/S/LNT\">$Alliant(LNT)$</a>[Smile] ","text":"$Alliant(LNT)$[Smile]","images":[{"img":"https://static.tigerbbs.com/8fb9a46dc73df11847914ef3db77ab72","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/138460310","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":139009907,"gmtCreate":1621570856709,"gmtModify":1634187981115,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"Watching ","listText":"Watching ","text":"Watching","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/139009907","repostId":"2136115927","repostType":4,"repost":{"id":"2136115927","pubTimestamp":1621568280,"share":"https://www.laohu8.com/m/news/2136115927?lang=&edition=full","pubTime":"2021-05-21 11:38","market":"us","language":"en","title":"Down 74% From Its High, Is This Solar Energy Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2136115927","media":"Motley Fool","summary":"Here's what you need to know about Array Technologies' plummeting stock price.","content":"<p>Shares of solar tracker manufacturer <b>Array Technologies</b> (NASDAQ:ARRY) have undergone a brutal 74% drawdown and are now 67% lower for the year. It's doing much worse than the <b>Invesco Solar ETF</b> (NYSEMKT:TAN), which is down around 30% so far in 2021.</p><p>Solar was <a href=\"https://laohu8.com/S/AONE\">one</a> of the best performing industries in 2020. This year, the narrative has flipped as solar and other renewable stocks are facing a slew of competitors, supply chain issues, and the threat of higher interest rates.</p><p>Here's a look at why shares of Array Technologies tanked -- and where to go from here.</p><h2>A quick primer</h2><p>Before we begin, it's important to understand Array's role in the solar industry. If you follow the sector, you might be familiar with panel players like <b>First Solar</b>, inverter and power optimizer manufacturers like <b>SolarEdge</b>, or microinverter makers like <b><a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a></b>. Array doesn't compete with any of these companies. Instead, it makes trackers that clamp onto solar panels. Its focus is on utility-scale projects, not residential customers.</p><p>These single-axis trackers adjust panels to optimize performance throughout the day. Over the years, Array has emerged as a leader in the tracking industry. The value proposition is simple: If its trackers can generate more energy for a lower price than the cost of setting up new panels, then they help customers save money.</p><h2>Why shares are plunging</h2><p>Array's sell-off has been swift and brutal, consisting of three key phases over the course of a few months.</p><h3>Phase 1: The sector decline</h3><p>After starting the year above $43 per share, Array quickly began sliding along with the broader solar industry. There were a number of factors that played into the sector's decline, but the big ones were lower earnings expectations, rising interest rates, more competition, and valuation concerns.</p><p>Higher interest rates in particular directly affect Array. They make it more expensive to borrow money, which in turn can lower the profitability of development projects. Array's customers tend to be engineering, procurement, and construction (EPC) firms that bid for major solar projects. Fewer projects mean fewer bids, which in turn can lead to less business for Array.</p><p class=\"t-img-caption\"><img src=\"https://media.ycharts.com/charts/77bace4df750df160f613d218ddd411c.png\" tg-width=\"720\" tg-height=\"468\" referrerpolicy=\"no-referrer\"><span>ARRY data by YCharts.</span></p><h3>Phase 2: The Oaktree Capital sale</h3><p>Shortly after Array reported its fourth-quarter and full-year 2020 results, Oaktree Capital, an early investor in Array Technologies and formerly <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest shareholders in the company, sold 35.48 million shares in March. Early investors selling shares tends to be a red flag. What made this sale particularly jarring was its size and valuation.</p><p>Oaktree's sale represented over a fourth of Array's stock float (the number of shares owned by the public). The shares were also sold for an average price of $28, which was below the price of Array stock at the time. A key stakeholder offloading its position for what was then a 52-week low isn't a good look. And sure enough, Array's share price came under more pressure.</p><h3>Phase 3: First-quarter earnings</h3><p>The final blow came last week when Array reported its first-quarter 2021 results. More important than the numbers themselves is the severity in which Array's supply chain is being impacted by higher costs for steel and ocean and truck shipping costs. The company's operating expenses and costs of goods sold (COGS) skyrocketed due to a global shortage in commodities that previously were somewhat stable. Steel accounted for around half of the company's first-quarter COGS.</p><p class=\"t-img-caption\"><img src=\"https://media.ycharts.com/charts/2a7bc7ecbe8307b6890bef19ce2b35e0.png\" tg-width=\"720\" tg-height=\"482\" referrerpolicy=\"no-referrer\"><span>ARRY Cost of Goods Sold (Quarterly) data by YCharts.</span></p><p>Management reiterated in the earnings call that the solar industry as a whole is healthy and that many of the long-term growth drivers remain intact. But the increased cost of steel and other supply chain issues singlehandedly spoiled what could have been quite a profitable quarter. Instead, the company squeaked out a meek $2.9 million in net income. To make matters worse, management suspended its full-year guidance, hinted that second-quarter revenue and profitability could be even lower, and said it was too early to know when the business environment will normalize. It also said it wouldn't provide guidance until shipping and commodity costs become more predictable.</p><h2>What to do now</h2><p>Before the post-earnings plunge, Array looked like a good value based on its previously stated guidance -- which called for revenue in the range of $1.03 billion to $1.13 billion, adjusted EBITDA between $164 million and $180 million, and adjusted net income per share of $0.82 to $0.92. But with that guidance now off the table and profitability in question, Array's short-term prospects look bleak.</p><p>There's no sugarcoating the fact that the company was blindsided by rapidly rising commodity prices. In response, Array has been scrambling to secure contracts with suppliers that will allow it to buy steel at a discount to the spot price It's also looking to raise prices and pass along some of the higher commodity costs to its customers. The problem with raising prices is that customers could simply delay their orders to the second half of the year, when commodity prices are expected to come down.</p><p>It's disappointing to see just how vulnerable Array is to rising steel prices. However, much of the long-term thesis remains intact. Given its reduced share price, Array seems like a good turnaround play. But investors interested in the stock should accept that the road to recovery could take quite some time, not to mention there could be more pain ahead if steel and shipping costs remain high.</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>Down 74% From Its High, Is This Solar Energy Stock a Buy?</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\">\nDown 74% From Its High, Is This Solar Energy Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:38 GMT+8 <a href=https://www.fool.com/investing/2021/05/20/down-74-from-its-high-is-this-solar-energy-stock-a/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of solar tracker manufacturer Array Technologies (NASDAQ:ARRY) have undergone a brutal 74% drawdown and are now 67% lower for the year. It's doing much worse than the Invesco Solar ETF (NYSEMKT...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/20/down-74-from-its-high-is-this-solar-energy-stock-a/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARRY":"Array Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/05/20/down-74-from-its-high-is-this-solar-energy-stock-a/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136115927","content_text":"Shares of solar tracker manufacturer Array Technologies (NASDAQ:ARRY) have undergone a brutal 74% drawdown and are now 67% lower for the year. It's doing much worse than the Invesco Solar ETF (NYSEMKT:TAN), which is down around 30% so far in 2021.Solar was one of the best performing industries in 2020. This year, the narrative has flipped as solar and other renewable stocks are facing a slew of competitors, supply chain issues, and the threat of higher interest rates.Here's a look at why shares of Array Technologies tanked -- and where to go from here.A quick primerBefore we begin, it's important to understand Array's role in the solar industry. If you follow the sector, you might be familiar with panel players like First Solar, inverter and power optimizer manufacturers like SolarEdge, or microinverter makers like Enphase Energy. Array doesn't compete with any of these companies. Instead, it makes trackers that clamp onto solar panels. Its focus is on utility-scale projects, not residential customers.These single-axis trackers adjust panels to optimize performance throughout the day. Over the years, Array has emerged as a leader in the tracking industry. The value proposition is simple: If its trackers can generate more energy for a lower price than the cost of setting up new panels, then they help customers save money.Why shares are plungingArray's sell-off has been swift and brutal, consisting of three key phases over the course of a few months.Phase 1: The sector declineAfter starting the year above $43 per share, Array quickly began sliding along with the broader solar industry. There were a number of factors that played into the sector's decline, but the big ones were lower earnings expectations, rising interest rates, more competition, and valuation concerns.Higher interest rates in particular directly affect Array. They make it more expensive to borrow money, which in turn can lower the profitability of development projects. Array's customers tend to be engineering, procurement, and construction (EPC) firms that bid for major solar projects. Fewer projects mean fewer bids, which in turn can lead to less business for Array.ARRY data by YCharts.Phase 2: The Oaktree Capital saleShortly after Array reported its fourth-quarter and full-year 2020 results, Oaktree Capital, an early investor in Array Technologies and formerly one of the largest shareholders in the company, sold 35.48 million shares in March. Early investors selling shares tends to be a red flag. What made this sale particularly jarring was its size and valuation.Oaktree's sale represented over a fourth of Array's stock float (the number of shares owned by the public). The shares were also sold for an average price of $28, which was below the price of Array stock at the time. A key stakeholder offloading its position for what was then a 52-week low isn't a good look. And sure enough, Array's share price came under more pressure.Phase 3: First-quarter earningsThe final blow came last week when Array reported its first-quarter 2021 results. More important than the numbers themselves is the severity in which Array's supply chain is being impacted by higher costs for steel and ocean and truck shipping costs. The company's operating expenses and costs of goods sold (COGS) skyrocketed due to a global shortage in commodities that previously were somewhat stable. Steel accounted for around half of the company's first-quarter COGS.ARRY Cost of Goods Sold (Quarterly) data by YCharts.Management reiterated in the earnings call that the solar industry as a whole is healthy and that many of the long-term growth drivers remain intact. But the increased cost of steel and other supply chain issues singlehandedly spoiled what could have been quite a profitable quarter. Instead, the company squeaked out a meek $2.9 million in net income. To make matters worse, management suspended its full-year guidance, hinted that second-quarter revenue and profitability could be even lower, and said it was too early to know when the business environment will normalize. It also said it wouldn't provide guidance until shipping and commodity costs become more predictable.What to do nowBefore the post-earnings plunge, Array looked like a good value based on its previously stated guidance -- which called for revenue in the range of $1.03 billion to $1.13 billion, adjusted EBITDA between $164 million and $180 million, and adjusted net income per share of $0.82 to $0.92. But with that guidance now off the table and profitability in question, Array's short-term prospects look bleak.There's no sugarcoating the fact that the company was blindsided by rapidly rising commodity prices. In response, Array has been scrambling to secure contracts with suppliers that will allow it to buy steel at a discount to the spot price It's also looking to raise prices and pass along some of the higher commodity costs to its customers. The problem with raising prices is that customers could simply delay their orders to the second half of the year, when commodity prices are expected to come down.It's disappointing to see just how vulnerable Array is to rising steel prices. However, much of the long-term thesis remains intact. Given its reduced share price, Array seems like a good turnaround play. But investors interested in the stock should accept that the road to recovery could take quite some time, not to mention there could be more pain ahead if steel and shipping costs remain high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190299271,"gmtCreate":1620621160093,"gmtModify":1634197616488,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"On my way","listText":"On my way","text":"On my way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/190299271","repostId":"2134686276","repostType":4,"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142657024,"gmtCreate":1626148400768,"gmtModify":1633929633987,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Smile] ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Smile] ","text":"$Apple(AAPL)$[Smile]","images":[{"img":"https://static.tigerbbs.com/94510f514e06ac6151fb938f8faa935e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/142657024","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":180020887,"gmtCreate":1623165059149,"gmtModify":1631885373309,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>[Cry] ","listText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>[Cry] ","text":"$Churchill Capital Corp IV(CCIV)$[Cry]","images":[{"img":"https://static.tigerbbs.com/cf3cf0d7efb7da87b7b45657518d02c6","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/180020887","isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":104401423,"gmtCreate":1620401043262,"gmtModify":1634205483366,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/104401423","repostId":"1110969931","repostType":4,"repost":{"id":"1110969931","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620399245,"share":"https://www.laohu8.com/m/news/1110969931?lang=&edition=full","pubTime":"2021-05-07 22:54","market":"us","language":"en","title":"Waterdrop shares fell 10% debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1110969931","media":"Tiger Newspress","summary":"Waterdrop shares fell 10% debut.Online insurance technology firm Waterdrop Inc will focus more on us","content":"<p>Waterdrop shares fell 10% debut.</p><p><img src=\"https://static.tigerbbs.com/0fb6a7a33733ce8e4e5002f1715fbd60\" tg-width=\"857\" tg-height=\"589\" referrerpolicy=\"no-referrer\">Online insurance technology firm Waterdrop Inc will focus more on user growth than on profit in the short term and aims to become China's version of UnitedHealth Group in a decade, its chief executive told Reuters on Friday.</p><p>Waterdrop, which is backed by Chinese gaming giant Tencent, has no plan to revive its once popular mutual aid service, founder and CEO Shen Peng said in an interview.</p><p>The loss-making company will focus until 2025 on growing its online insurance business in China, and would like to expand further into healthcare businesses in 10 years' time in the country, Shen said. UnitedHealth is the biggest U.S. health insurer.</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>Waterdrop shares fell 10% debut</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\">\nWaterdrop shares fell 10% debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-07 22:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Waterdrop shares fell 10% debut.</p><p><img src=\"https://static.tigerbbs.com/0fb6a7a33733ce8e4e5002f1715fbd60\" tg-width=\"857\" tg-height=\"589\" referrerpolicy=\"no-referrer\">Online insurance technology firm Waterdrop Inc will focus more on user growth than on profit in the short term and aims to become China's version of UnitedHealth Group in a decade, its chief executive told Reuters on Friday.</p><p>Waterdrop, which is backed by Chinese gaming giant Tencent, has no plan to revive its once popular mutual aid service, founder and CEO Shen Peng said in an interview.</p><p>The loss-making company will focus until 2025 on growing its online insurance business in China, and would like to expand further into healthcare businesses in 10 years' time in the country, Shen said. UnitedHealth is the biggest U.S. health insurer.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WDH":"水滴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110969931","content_text":"Waterdrop shares fell 10% debut.Online insurance technology firm Waterdrop Inc will focus more on user growth than on profit in the short term and aims to become China's version of UnitedHealth Group in a decade, its chief executive told Reuters on Friday.Waterdrop, which is backed by Chinese gaming giant Tencent, has no plan to revive its once popular mutual aid service, founder and CEO Shen Peng said in an interview.The loss-making company will focus until 2025 on growing its online insurance business in China, and would like to expand further into healthcare businesses in 10 years' time in the country, Shen said. UnitedHealth is the biggest U.S. health insurer.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120717500,"gmtCreate":1624337367000,"gmtModify":1631887089032,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AI\">$C3.ai, Inc.(AI)$</a>[Smile] ","listText":"<a href=\"https://laohu8.com/S/AI\">$C3.ai, Inc.(AI)$</a>[Smile] ","text":"$C3.ai, Inc.(AI)$[Smile]","images":[{"img":"https://static.tigerbbs.com/213496a8eeda3c1cd9a1b65d91ceaf4d","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/120717500","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163241319,"gmtCreate":1623887293231,"gmtModify":1634026517460,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] ","text":"[Miser]","images":[{"img":"https://static.tigerbbs.com/4771aee8497910b979ae3e4bca1e7f94","width":"1125","height":"3567"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/163241319","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":101872892,"gmtCreate":1619884425516,"gmtModify":1634209307828,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"Heading ","listText":"Heading ","text":"Heading","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/101872892","repostId":"2132603015","repostType":4,"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166382337,"gmtCreate":1623991927629,"gmtModify":1634024451462,"author":{"id":"3579856901836548","authorId":"3579856901836548","name":"Nicolim","avatar":"https://static.tigerbbs.com/80b0baf2cddc7180a9960d23753f6148","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579856901836548","idStr":"3579856901836548"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/166382337","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","pubTimestamp":1623978463,"share":"https://www.laohu8.com/m/news/1175693382?lang=&edition=full","pubTime":"2021-06-18 09:07","market":"us","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</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\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8 <a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}