+关注
eatsleepvtec
暂无个人介绍
IP属地:未知
11
关注
2
粉丝
0
主题
0
勋章
主贴
热门
eatsleepvtec
2021-09-08
Oh is it? Time to buy more!!
抱歉,原内容已删除
eatsleepvtec
2021-09-08
Buy all the stocks on this list! 💎🖖🏻
抱歉,原内容已删除
eatsleepvtec
2021-07-14
Give up hedgies. This belongs to the apes
抱歉,原内容已删除
eatsleepvtec
2021-06-17
💎👋
抱歉,原内容已删除
eatsleepvtec
2021-06-05
💎🖖
GameStop: Why The 'Blockbuster' Of Gaming Will Eventually Fail
eatsleepvtec
2021-05-06
😱😱😱
抱歉,原内容已删除
eatsleepvtec
2021-05-01
🤔
抱歉,原内容已删除
eatsleepvtec
2021-04-29
Following
Amazon Earnings Will Be Fantastic. What That Means for the Stock.
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3582724507259381","uuid":"3582724507259381","gmtCreate":1619630573744,"gmtModify":1623896168567,"name":"eatsleepvtec","pinyin":"eatsleepvtec","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":11,"tweetSize":8,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖(非转发)","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.09.17","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.58%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":880749760,"gmtCreate":1631086589050,"gmtModify":1632884715297,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"Oh is it? Time to buy more!! ","listText":"Oh is it? Time to buy more!! ","text":"Oh is it? Time to buy more!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880749760","repostId":"1184488523","repostType":4,"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880883219,"gmtCreate":1631031358231,"gmtModify":1632904443405,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"Buy all the stocks on this list! 💎🖖🏻","listText":"Buy all the stocks on this list! 💎🖖🏻","text":"Buy all the stocks on this list! 💎🖖🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880883219","repostId":"2165353911","repostType":2,"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144887580,"gmtCreate":1626275339240,"gmtModify":1633928340137,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"Give up hedgies. This belongs to the apes","listText":"Give up hedgies. This belongs to the apes","text":"Give up hedgies. This belongs to the apes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144887580","repostId":"2151551418","repostType":2,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163380552,"gmtCreate":1623859752976,"gmtModify":1634026889629,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"💎👋","listText":"💎👋","text":"💎👋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/163380552","repostId":"1118154026","repostType":4,"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112042183,"gmtCreate":1622830800842,"gmtModify":1634097574569,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"💎🖖","listText":"💎🖖","text":"💎🖖","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112042183","repostId":"1154735458","repostType":2,"repost":{"id":"1154735458","kind":"news","pubTimestamp":1620820511,"share":"https://www.laohu8.com/m/news/1154735458?lang=&edition=full","pubTime":"2021-05-12 19:55","market":"us","language":"en","title":"GameStop: Why The 'Blockbuster' Of Gaming Will Eventually Fail","url":"https://stock-news.laohu8.com/highlight/detail?id=1154735458","media":"seekingalpha","summary":"Summary\n\nGameStop has been a highly debated stock after a surge of retail interest turned the compan","content":"<p><b>Summary</b></p>\n<ul>\n <li>GameStop has been a highly debated stock after a surge of retail interest turned the company into a \"meme stock\" and drove shares into triple figures.</li>\n <li>The company is pivoting to e-commerce and has admittedly cleaned up its balance sheet nicely.</li>\n <li>The long-term problem is that the company faces margin pressures from a number of angles. The current valuation and business challenges present a \"lose/lose\" outcome to investors.</li>\n</ul>\n<p>Now considered a \"meme stock\"; gaming retail company GameStop Corp.(NYSE:GME)has seen volatility in its share price over the past year. The stock has bounced between a vast range from low single digits, to more than $480 per share. While much of the excitement has faded away, the stock still trades at more than $140 per share. A business transformation is underway, led by Ryan Cohen, the former CEO and co-founder of animal products e-commerce leader Chewy(NYSE:CHWY). This has many retail investors holding shares in anticipation of a long term rebirth, with GameStop becoming an e-commerce titan of the gaming industry.</p>\n<p>Unfortunately, the data doesn't point to this outcome. While the company has stabilized itself and now operates on a debt free basis, the company's needed capital investments to flesh out an e-commerce strategy in addition to secular tailwinds lead me to believe that GameStop will be unable to sustain long term profitability. In the event of successful execution, the valuation will take many years to be justified. For these reasons, GameStop is a very poor long term investment. We will outline our bearish thesis below.</p>\n<p><b>GameStop Forced To Go To E-Commerce</b></p>\n<p>GameStop has long been known among consumers as a brick and mortar centric video game retailer. When I was growing up (I'm now in my early 30s), I used to camp out in front of GameStop at midnight, waiting with friends for the latest release of our favorite games. While you could get games at nearly any retailer, the ability to trade in old games for store credit, and large product selection found at a gaming focused store such as GameStop was compelling for me as a gamer.</p>\n<p>Today, the way in which gaming is delivered to the consumer is far different. In many cases, games can be purchased (and pre-ordered) digitally. Fast internet speeds mean that games can be downloaded and played within minutes or sometimes a few hours. The rise of Amazon has brought the shopping experience to one's fingertips.</p>\n<p>These secular changes have slowly deteriorated GameStop's store traffic and resulting revenues.</p>\n<p><img src=\"https://static.tigerbbs.com/d0690d871cc1287d7d877083b48b74d0\" tg-width=\"640\" tg-height=\"377\">source: YCharts</p>\n<p>This significant decline in GameStop's business has forced the company to evolve, and begin the journey of shifting towards an e-commerce model. This has been led by an activist investor in Chewy co-founder Ryan Cohen, who got involved with GameStop in September of 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/084ae308b6cc58704e8982e61b213408\" tg-width=\"640\" tg-height=\"162\">source: GameStop Corp.</p>\n<p>The company's plan is to strip costs out of the business by closing stores, cutting expenses, and devoting its resources to optimizing its product footprint while fleshing out the logistics needed for an e-commerce centric market strategy. These efforts remain in-motion. The company has closed roughly 1,000 stores through the end of 2020, andrecently leaseda 700K square-foot facility that will serve as a fulfillment center.</p>\n<p>To GameStop's credit, the business has seen signs of improvement. The company is currently debt free.</p>\n<p><img src=\"https://static.tigerbbs.com/575ba6c4954d66961e0a8550dcf561af\" tg-width=\"640\" tg-height=\"369\">source: YCharts</p>\n<p>The company has also raised capital with a timely equity raise in early 2021. GameStop raised $551 million on 3.5 million shares, averaging a price per share of $157. Considering the company has repurchased more than a third of its stock since spring 2019 at an average of $5.21/share, this is a phenomenal move on GameStop's part. This newfound capital will be needed as the company's transformation efforts are far from over.</p>\n<p>Multiple Margin Pressures Threaten Profitability</p>\n<p>While successful e-commerce models can be powerful, the formation of the e-commerce model can be costly. Infrastructure needs to be put into place, and the digital marketplace brings competition from all over.</p>\n<p>GameStop's financials are in a much better place at present. However over the long term, its largest challenge in pivoting to e-commerce is making the model profitable over the long term. There are a number of concerns I have about GameStop's ability to do this.</p>\n<p><b>Smaller Scale</b></p>\n<p>E-commerce is a \"cut-throat\" business, where scale is your friend. GameStop is seeking an e-commerce model that will pit it against much larger competitors such as Amazon (AMZN), Walmart (WMT), and Target (TGT). These companies have significantly higher scale than GameStop, including larger revenues (and balance sheets).</p>\n<p>In a retail space where the product is commoditized (gaming hardware/software is the same regardless of where you buy from unless a developer partnership is in place), there is not room for much mark-up and the larger players can take more \"pain\" to take/protect market share.</p>\n<p><b>Product Mix</b></p>\n<p>Another concern I have with GameStop is the company's product mix moving forward. Game distribution continues to move increasingly digital, and is a trend that I don't see reversing. It's simply far too convenient for gamers because they can buy/pre-order a game, and it can be downloaded relatively quickly thanks to faster internet speeds available today.</p>\n<p>This has been reinforced by console makers. The Xbox Series S lacks a disc drive, and the PlayStation 5 also offers a variant that does not include a disc drive.</p>\n<p>GameStop knows that software sales are in secular decline, and has indicated an intention to focus on hardware and accessories including:</p>\n<ul>\n <li>Computers</li>\n <li>Monitors</li>\n <li>Game Tables</li>\n <li>Mobile Gaming</li>\n <li>Gaming TVs</li>\n</ul>\n<p>The problem for GameStop, is that these declining software sales carried the highest margins for the company.</p>\n<p>From GameStop's 2020Q4 earnings call:</p>\n<blockquote>\n <i>\"From a product margin standpoint, overall gross margins were 21.1%, down 610 basis points from our more software-led 27.2% gross margin in the fiscal fourth quarter last year. The decline was driven by an expected increase in mix of lower margin hardware sales, a continued increase in industry-wide freight costs, credit card processing fees driven by our higher penetration of e-commerce sales, and a broader promotional stance.\"</i>\n</blockquote>\n<p>So GameStop is pivoting to lower margin, higher cost items - probably because it knows it has to. This isn't to say that GameStop can't pull it off, but the conflict is quite obvious.</p>\n<p><b>GameStop Needs To Repair Its Brand Image</b></p>\n<p>Perhaps the largest question mark I have about GameStop - even more than the economics of its future business model, is the company's branding. GameStop talks about being this gamer-centric, customer driven model that consumers love.</p>\n<p>However, this doesn't seem to be the current state of GameStop's brand. The company has been poked fun at on the internet for its \"low-ball\" offers on gamer trade-ins.</p>\n<p>GameStop also possesses a NPS (net promoter score) of -6according to Comparably. As a gamer myself, I had a \"bad taste\" in my mouth when sourcing my Xbox Series X. GameStop often tied its inventory of next-generation consoles to large expansive bundles that included high margin games and accessories that many consumers didn't want. If GameStop expects to become a modernized \"go-to\" shopping experience for gamers, they have work to do in the brand power department.</p>\n<p><b>The Long Path To Profitability Is Too Large A Risk</b></p>\n<p>GameStop can certainly address these concerns over time. The company's recent equity raise if anything, buys them time to try and execute this transition. This is also asking investors in GameStop to take on risk. While shares of GameStop have pulled back considerably, the stock still trades at $143 per share, multiples of what it did as recently as the beginning of the year.</p>\n<p><img src=\"https://static.tigerbbs.com/fcc11261f3b8202eaa6b86d9f99c97b0\" tg-width=\"640\" tg-height=\"375\">source: YCharts</p>\n<p>The company is not a growth stock, and therefore should be valued on earnings. But GameStop is losing money, and will not turn a profit anytime soon. Analysts see the company steadily getting closer to break even, breaking that barrier in FY2024 (three years from now).</p>\n<p><img src=\"https://static.tigerbbs.com/fa4040ac389c6925d97545645ac30c98\" tg-width=\"640\" tg-height=\"226\">source: Seeking Alpha</p>\n<p>But if GameStop achieves 2024 estimates of earning $1.35 per share, that means that the stock's current valuation is a whopping 106X 2024 earnings(!). Investing is about risk and reward, and I can't make the case to pay that valuation. Investors have to essentially give up the opportunity cost of investing elsewhere over this time frame, hope that GameStop can execute successfully, and then wait longer for the business to grow into its valuation over a 5+ year time horizon. Frankly, it seems silly.</p>\n<p><b>Wrapping Up</b></p>\n<p>When you put all of this together, GameStop offers a terrible risk/reward to investors. In a worst case scenario, GameStop fails to execute its e-commerce model and goes out of business. In a best case scenario, investors will wait years to justify the current valuation. When the outcome is lose/lose, I would rather not play at all.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop: Why The 'Blockbuster' Of Gaming Will Eventually Fail</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\">\nGameStop: Why The 'Blockbuster' Of Gaming Will Eventually Fail\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 19:55 GMT+8 <a href=https://seekingalpha.com/article/4427260-gamestop-why-blockbuster-gaming-eventually-fail><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGameStop has been a highly debated stock after a surge of retail interest turned the company into a \"meme stock\" and drove shares into triple figures.\nThe company is pivoting to e-commerce ...</p>\n\n<a href=\"https://seekingalpha.com/article/4427260-gamestop-why-blockbuster-gaming-eventually-fail\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/article/4427260-gamestop-why-blockbuster-gaming-eventually-fail","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1154735458","content_text":"Summary\n\nGameStop has been a highly debated stock after a surge of retail interest turned the company into a \"meme stock\" and drove shares into triple figures.\nThe company is pivoting to e-commerce and has admittedly cleaned up its balance sheet nicely.\nThe long-term problem is that the company faces margin pressures from a number of angles. The current valuation and business challenges present a \"lose/lose\" outcome to investors.\n\nNow considered a \"meme stock\"; gaming retail company GameStop Corp.(NYSE:GME)has seen volatility in its share price over the past year. The stock has bounced between a vast range from low single digits, to more than $480 per share. While much of the excitement has faded away, the stock still trades at more than $140 per share. A business transformation is underway, led by Ryan Cohen, the former CEO and co-founder of animal products e-commerce leader Chewy(NYSE:CHWY). This has many retail investors holding shares in anticipation of a long term rebirth, with GameStop becoming an e-commerce titan of the gaming industry.\nUnfortunately, the data doesn't point to this outcome. While the company has stabilized itself and now operates on a debt free basis, the company's needed capital investments to flesh out an e-commerce strategy in addition to secular tailwinds lead me to believe that GameStop will be unable to sustain long term profitability. In the event of successful execution, the valuation will take many years to be justified. For these reasons, GameStop is a very poor long term investment. We will outline our bearish thesis below.\nGameStop Forced To Go To E-Commerce\nGameStop has long been known among consumers as a brick and mortar centric video game retailer. When I was growing up (I'm now in my early 30s), I used to camp out in front of GameStop at midnight, waiting with friends for the latest release of our favorite games. While you could get games at nearly any retailer, the ability to trade in old games for store credit, and large product selection found at a gaming focused store such as GameStop was compelling for me as a gamer.\nToday, the way in which gaming is delivered to the consumer is far different. In many cases, games can be purchased (and pre-ordered) digitally. Fast internet speeds mean that games can be downloaded and played within minutes or sometimes a few hours. The rise of Amazon has brought the shopping experience to one's fingertips.\nThese secular changes have slowly deteriorated GameStop's store traffic and resulting revenues.\nsource: YCharts\nThis significant decline in GameStop's business has forced the company to evolve, and begin the journey of shifting towards an e-commerce model. This has been led by an activist investor in Chewy co-founder Ryan Cohen, who got involved with GameStop in September of 2020.\nsource: GameStop Corp.\nThe company's plan is to strip costs out of the business by closing stores, cutting expenses, and devoting its resources to optimizing its product footprint while fleshing out the logistics needed for an e-commerce centric market strategy. These efforts remain in-motion. The company has closed roughly 1,000 stores through the end of 2020, andrecently leaseda 700K square-foot facility that will serve as a fulfillment center.\nTo GameStop's credit, the business has seen signs of improvement. The company is currently debt free.\nsource: YCharts\nThe company has also raised capital with a timely equity raise in early 2021. GameStop raised $551 million on 3.5 million shares, averaging a price per share of $157. Considering the company has repurchased more than a third of its stock since spring 2019 at an average of $5.21/share, this is a phenomenal move on GameStop's part. This newfound capital will be needed as the company's transformation efforts are far from over.\nMultiple Margin Pressures Threaten Profitability\nWhile successful e-commerce models can be powerful, the formation of the e-commerce model can be costly. Infrastructure needs to be put into place, and the digital marketplace brings competition from all over.\nGameStop's financials are in a much better place at present. However over the long term, its largest challenge in pivoting to e-commerce is making the model profitable over the long term. There are a number of concerns I have about GameStop's ability to do this.\nSmaller Scale\nE-commerce is a \"cut-throat\" business, where scale is your friend. GameStop is seeking an e-commerce model that will pit it against much larger competitors such as Amazon (AMZN), Walmart (WMT), and Target (TGT). These companies have significantly higher scale than GameStop, including larger revenues (and balance sheets).\nIn a retail space where the product is commoditized (gaming hardware/software is the same regardless of where you buy from unless a developer partnership is in place), there is not room for much mark-up and the larger players can take more \"pain\" to take/protect market share.\nProduct Mix\nAnother concern I have with GameStop is the company's product mix moving forward. Game distribution continues to move increasingly digital, and is a trend that I don't see reversing. It's simply far too convenient for gamers because they can buy/pre-order a game, and it can be downloaded relatively quickly thanks to faster internet speeds available today.\nThis has been reinforced by console makers. The Xbox Series S lacks a disc drive, and the PlayStation 5 also offers a variant that does not include a disc drive.\nGameStop knows that software sales are in secular decline, and has indicated an intention to focus on hardware and accessories including:\n\nComputers\nMonitors\nGame Tables\nMobile Gaming\nGaming TVs\n\nThe problem for GameStop, is that these declining software sales carried the highest margins for the company.\nFrom GameStop's 2020Q4 earnings call:\n\n\"From a product margin standpoint, overall gross margins were 21.1%, down 610 basis points from our more software-led 27.2% gross margin in the fiscal fourth quarter last year. The decline was driven by an expected increase in mix of lower margin hardware sales, a continued increase in industry-wide freight costs, credit card processing fees driven by our higher penetration of e-commerce sales, and a broader promotional stance.\"\n\nSo GameStop is pivoting to lower margin, higher cost items - probably because it knows it has to. This isn't to say that GameStop can't pull it off, but the conflict is quite obvious.\nGameStop Needs To Repair Its Brand Image\nPerhaps the largest question mark I have about GameStop - even more than the economics of its future business model, is the company's branding. GameStop talks about being this gamer-centric, customer driven model that consumers love.\nHowever, this doesn't seem to be the current state of GameStop's brand. The company has been poked fun at on the internet for its \"low-ball\" offers on gamer trade-ins.\nGameStop also possesses a NPS (net promoter score) of -6according to Comparably. As a gamer myself, I had a \"bad taste\" in my mouth when sourcing my Xbox Series X. GameStop often tied its inventory of next-generation consoles to large expansive bundles that included high margin games and accessories that many consumers didn't want. If GameStop expects to become a modernized \"go-to\" shopping experience for gamers, they have work to do in the brand power department.\nThe Long Path To Profitability Is Too Large A Risk\nGameStop can certainly address these concerns over time. The company's recent equity raise if anything, buys them time to try and execute this transition. This is also asking investors in GameStop to take on risk. While shares of GameStop have pulled back considerably, the stock still trades at $143 per share, multiples of what it did as recently as the beginning of the year.\nsource: YCharts\nThe company is not a growth stock, and therefore should be valued on earnings. But GameStop is losing money, and will not turn a profit anytime soon. Analysts see the company steadily getting closer to break even, breaking that barrier in FY2024 (three years from now).\nsource: Seeking Alpha\nBut if GameStop achieves 2024 estimates of earning $1.35 per share, that means that the stock's current valuation is a whopping 106X 2024 earnings(!). Investing is about risk and reward, and I can't make the case to pay that valuation. Investors have to essentially give up the opportunity cost of investing elsewhere over this time frame, hope that GameStop can execute successfully, and then wait longer for the business to grow into its valuation over a 5+ year time horizon. Frankly, it seems silly.\nWrapping Up\nWhen you put all of this together, GameStop offers a terrible risk/reward to investors. In a worst case scenario, GameStop fails to execute its e-commerce model and goes out of business. In a best case scenario, investors will wait years to justify the current valuation. When the outcome is lose/lose, I would rather not play at all.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105524656,"gmtCreate":1620312133975,"gmtModify":1634206154060,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"😱😱😱","listText":"😱😱😱","text":"😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105524656","repostId":"2133387578","repostType":4,"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103445743,"gmtCreate":1619812819882,"gmtModify":1634209782156,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103445743","repostId":"1141258080","repostType":4,"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109546501,"gmtCreate":1619706904703,"gmtModify":1634210543354,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582724507259381","idStr":"3582724507259381"},"themes":[],"htmlText":"Following","listText":"Following","text":"Following","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/109546501","repostId":"1169827391","repostType":4,"repost":{"id":"1169827391","kind":"news","pubTimestamp":1619664680,"share":"https://www.laohu8.com/m/news/1169827391?lang=&edition=full","pubTime":"2021-04-29 10:51","market":"us","language":"en","title":"Amazon Earnings Will Be Fantastic. What That Means for the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1169827391","media":"Barrons","summary":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stell","content":"<p>Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the role of executive chairman, with Amazon Web Services chief Andy Jassy taking over the top slot.</p>\n<p>The combination of that pending change, along with uncertainty over how the reopening of the economy will affect shopping behavior, has some investors a little uneasy about the stock’s near-term prospects.</p>\n<p>They will get a fresh look at the situation after the close of trading on Thursday, when Amazon (ticker: AMZN) posts its results for the March quarter. Amazon has told investors to expect revenue of $100 billion to $106 billion, with operating income of between $3 billion and $6.5 billion, and about $2 billion in costs related to Covid-19. The Wall Street consensus calls for revenue of $104.5 billion, with profits of $9.54 a share.</p>\n<p>The Street also clearly expects the quarter’s results to show continued strength in e-commerce. According to FactSet, Wall Street analysts expect online-stores revenue of $51.5 billion, up 41% from a year ago, with third-party sales of $21.7 billion, up 50%. Subscription revenues are expected to be $7.3 billion, up 32%, while revenue from physical stores is expected to be $4.3 billion, down 8%. AWS revenues are projected at $13.2 billion, up 29%.</p>\n<p>One open question is what forecasts the company will make for the June quarter as parts of the country begin to return to more normal economic activity. The Street is projecting June quarter revenue of $108.7 billion and profits of $10.81 a share.</p>\n<p>In an earnings preview note, Truist analyst Youssef Squali reiterated a Buy rating on the stock and a target of $3,750 for the share price. The stock closed Tuesday at $3,417.43, up 4.9% year to date.</p>\n<p>He expects revenue to come in at the high end of the range Amazon predicted, saying e-commerce demand has remained strong both in the U.S. and internationally, given that the pandemic has been slow to subside. Conversations with people in the industry and strong earning disclosed last week by Snap bode well for Amazon’s ad business, which is lumped into a category called “other,” he wrote. He also thinks the market continues to underestimate the long-term growth potential of the dominance of the company’s two key businesses—e-commerce and AWS—as well as the company’s “emerging leadership in online advertising.”</p>\n<p>Stifel analyst Scott Devitt is similarly bullish, repeating a Buy rating and $4,000 target price. He sees 40% top-line growth, a little ahead of the Street consensus. “The focus on the report will largely center on the outlook as Amazon laps the difficult prior year compares from the onset of the pandemic,” he wrote in a research note.</p>\n<p>“Growth in a post-Covid environment remains largely uncertain for Amazon and across the e-commerce landscape,” Devitt said. “Our [June quarter] revenue estimates are ahead of consensus as we see tailwinds stemming from strong growth in new Prime members and diversification across geographies and categories supporting the retail business as economies recover.” He also said AWS and the ad business are well positioned for a recovery.</p>\n<p>Wedbush analyst Michael Pachter likewise maintained an Outperform rating and $4,000 target. He thinks the company will post more revenue and operating income than it had forecast, an outperformance resulting from market-share gains in e-commerce. </p>\n<p>“We believe that a more stable economy, continued imposition of shelter-in-place orders in many of Amazon’s markets, continued expansion into the very large grocery segment, and outstanding execution likely drove strong results in Q1,” he said. “In addition, Amazon Pharmacy (launched February 2) represents a U.S. [addressable market] of around $600 billion, so any market share gains could provide further upside.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Earnings Will Be Fantastic. What That Means for the Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Earnings Will Be Fantastic. What That Means for the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 10:51 GMT+8 <a href=https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169827391","content_text":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the role of executive chairman, with Amazon Web Services chief Andy Jassy taking over the top slot.\nThe combination of that pending change, along with uncertainty over how the reopening of the economy will affect shopping behavior, has some investors a little uneasy about the stock’s near-term prospects.\nThey will get a fresh look at the situation after the close of trading on Thursday, when Amazon (ticker: AMZN) posts its results for the March quarter. Amazon has told investors to expect revenue of $100 billion to $106 billion, with operating income of between $3 billion and $6.5 billion, and about $2 billion in costs related to Covid-19. The Wall Street consensus calls for revenue of $104.5 billion, with profits of $9.54 a share.\nThe Street also clearly expects the quarter’s results to show continued strength in e-commerce. According to FactSet, Wall Street analysts expect online-stores revenue of $51.5 billion, up 41% from a year ago, with third-party sales of $21.7 billion, up 50%. Subscription revenues are expected to be $7.3 billion, up 32%, while revenue from physical stores is expected to be $4.3 billion, down 8%. AWS revenues are projected at $13.2 billion, up 29%.\nOne open question is what forecasts the company will make for the June quarter as parts of the country begin to return to more normal economic activity. The Street is projecting June quarter revenue of $108.7 billion and profits of $10.81 a share.\nIn an earnings preview note, Truist analyst Youssef Squali reiterated a Buy rating on the stock and a target of $3,750 for the share price. The stock closed Tuesday at $3,417.43, up 4.9% year to date.\nHe expects revenue to come in at the high end of the range Amazon predicted, saying e-commerce demand has remained strong both in the U.S. and internationally, given that the pandemic has been slow to subside. Conversations with people in the industry and strong earning disclosed last week by Snap bode well for Amazon’s ad business, which is lumped into a category called “other,” he wrote. He also thinks the market continues to underestimate the long-term growth potential of the dominance of the company’s two key businesses—e-commerce and AWS—as well as the company’s “emerging leadership in online advertising.”\nStifel analyst Scott Devitt is similarly bullish, repeating a Buy rating and $4,000 target price. He sees 40% top-line growth, a little ahead of the Street consensus. “The focus on the report will largely center on the outlook as Amazon laps the difficult prior year compares from the onset of the pandemic,” he wrote in a research note.\n“Growth in a post-Covid environment remains largely uncertain for Amazon and across the e-commerce landscape,” Devitt said. “Our [June quarter] revenue estimates are ahead of consensus as we see tailwinds stemming from strong growth in new Prime members and diversification across geographies and categories supporting the retail business as economies recover.” He also said AWS and the ad business are well positioned for a recovery.\nWedbush analyst Michael Pachter likewise maintained an Outperform rating and $4,000 target. He thinks the company will post more revenue and operating income than it had forecast, an outperformance resulting from market-share gains in e-commerce. \n“We believe that a more stable economy, continued imposition of shelter-in-place orders in many of Amazon’s markets, continued expansion into the very large grocery segment, and outstanding execution likely drove strong results in Q1,” he said. “In addition, Amazon Pharmacy (launched February 2) represents a U.S. [addressable market] of around $600 billion, so any market share gains could provide further upside.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":880883219,"gmtCreate":1631031358231,"gmtModify":1632904443405,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"Buy all the stocks on this list! 💎🖖🏻","listText":"Buy all the stocks on this list! 💎🖖🏻","text":"Buy all the stocks on this list! 💎🖖🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880883219","repostId":"2165353911","repostType":2,"repost":{"id":"2165353911","kind":"highlight","pubTimestamp":1631015340,"share":"https://www.laohu8.com/m/news/2165353911?lang=&edition=full","pubTime":"2021-09-07 19:49","market":"us","language":"en","title":"5 Ultra-Popular Stocks to Avoid Like the Plague in September","url":"https://stock-news.laohu8.com/highlight/detail?id=2165353911","media":"Motley Fool","summary":"Popularity doesn't necessarily translate to profitability on Wall Street.","content":"<blockquote>\n <b>Popularity doesn't necessarily translate to profitability on Wall Street.</b>\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>Though the S&P 500 is soaring, the valuations of these stocks make little sense.</li>\n</ul>\n<p>For more than 17 months, investors have enjoyed a historic bounce-back rally in the stock market. Following the quickest decline of at least 30% in the history of the broad-based <b>S&P 500</b>, the index has since rallied more than 100% off of its low.</p>\n<p>But just because the market is in rally mode, it doesn't mean every stock deserves its current valuation. The following five ultra-popular stocks are on the radar for all the wrong reasons, and they should be avoided like the plague in September.</p>\n<p><img src=\"https://static.tigerbbs.com/8b2e6f5c48ac79126a7c69a95b9659ed\" tg-width=\"700\" tg-height=\"484\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p><b>AMC Entertainment</b></p>\n<p>As I stated last month, movie theater chain <b>AMC Entertainment </b>(NYSE:AMC) will be the top stock to avoid until its share price accurately reflects the ghastly performance of its underlying business and its ugly balance sheet.</p>\n<p>There pretty much isn't a fundamental factor working in AMC's favor at the moment. Box office ticket sales have consistently been 30% or more below what they were in 2019, and ticket sales had been declining at a fairly steady clip since 2002. CEO Adam Aron has touted AMC's ability to pick up market share during the pandemic, but he overlooks that the actual movie theater pie has been shrinking for two decades.</p>\n<p>More specific to the company, it burned through close to $577 million in cash in just the first six months of 2021. It's also sitting on $5.5 billion in corporate debt, along with $420 million in deferred rent, all of which will need to be repaid in cash. AMC's cash balance at the end of June was a hair over $1.8 billion, or roughly $2 billion if you include the company's untapped revolving credit line. No matter how you finagle the numbers, AMC has virtually no chance of repaying its obligations, and its bondholders know it, which is why more than $1 billion in combined 2026/2027 maturity bonds are valued at 60% to 65% of face value.</p>\n<p>The icing on the cake here is that a multitude of theses surrounding an AMC short squeeze aren't supported by fact. Put plainly, a company that was never worth more than $3.8 billion when it was profitable and could pay its debt obligations shouldn't be worth $22 billion when it's hemorrhaging cash and can't pay its obligations.</p>\n<p><img src=\"https://static.tigerbbs.com/0c88358ead583aa5db4844d5902510f8\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p><b>Zomedica</b></p>\n<p>Generally speaking, penny stocks (companies with a share price below $5) are penny stocks for a reason. In other words, companies sport a low share price because they're not performing well from an operating standpoint. That's the case with veterinary medicine and diagnostics company <b>Zomedica </b>(NYSEMKT:ZOM).</p>\n<p>On the surface, there's a lot to like. Pet expenditures in the U.S. haven't declined on a year-over-year basis in more than a quarter of a century, and an estimated $32.3 billion will be spent this year in the U.S. on veterinary care and product sales, according to the American Pet Products Association. To boot, Zomedica launched its first-ever commercial product in March. Truforma, as it's known, is a point-of-care diagnostics system for cats and dogs.</p>\n<p>The problem is that Truforma just isn't selling. While the company blamed its commercial launch challenges on the sale of its distribution partner, it's still an eye-opener that the company has managed only $29,817 in total sales since its March launch. Although sales will undoubtedly grow as management works out the kinks, I have to wonder what investor wants to pay a multiple of almost 40 times estimated sales for 2022.</p>\n<p>With no clear pathway to profitability anytime soon, and management diluting the daylights out of its shareholders to raise cash (there are nearly 980 million outstanding shares), Zomedica is an easy avoid in September.</p>\n<p><img src=\"https://static.tigerbbs.com/ebe3f403b1b970d0e231952ef9c1d01c\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p><b>Robinhood Markets</b></p>\n<p>Another ultra-popular stock that should be draped in yellow caution tape for September is online investing app <b>Robinhood Markets</b> (NASDAQ:HOOD).</p>\n<p>On <a href=\"https://laohu8.com/S/AONE.U\">one</a> hand, Robinhood has seen its user growth blossom since the pandemic began. In the 18-month period between Dec. 31, 2019 and June 30, 2021, the company's funded accounts have grown from about 10 million to 22.5 million. It also now has more than $100 billion in assets under custody. As retail investors have flocked to Robinhood, revenue has soared.</p>\n<p>But this doesn't tell the full story. Even though its customer count has risen, Robinhood has rubbed retail investors and U.S. regulators the wrong way. The company had to pare back trading activity earlier this year on heavily shorted meme stocks (companies lauded for their social media buzz, rather than their operating performance) because it lacked the capital to support heightened trading activity. It's drawn ire from regulators over its sale of order flow to hedge funds, as well.</p>\n<p>Robinhood's operating model also looks as if it could be easily disrupted. Even though it's best known for attracting retail investors, and the company can generate revenue from certain trading activities, such as options, it generates a good chunk of its revenue from selling order to flow to a small handful of hedge funds and institutional investors. If any of these clients were to stop paying for order flow, or if new regulations altered how order flow was sold, Robinhood could be in big trouble.</p>\n<p><img src=\"https://static.tigerbbs.com/df6ef536d43baa33372dde88018439ea\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p><b>Aurora Cannabis</b></p>\n<p>Let's face the facts: A majority of Canadian marijuana stocks have no business in investors' portfolios. But time and again <b>Aurora Cannabis</b> (NASDAQ:ACB) has demonstrated that it's one of the worst of the bunch and should be avoided at all costs.</p>\n<p>When Canada legalized recreational weed in October 2018, Aurora looked to be set for success. It eventually held 15 production facilities (many in various stages of development), and anticipated generating a lot of sales via overseas exports. But in the nearly three years since our northerly neighbor waved the green flag on adult-use cannabis, Aurora's international revenue is still minimal, and it's shuttered, sold, or halted construction on more than half of the facilities it once held.</p>\n<p>I can only imagine that one of the more consistently irritating aspects of being an Aurora Cannabis shareholder is the constant dilution. With the former and current management team using the company's shares as collateral to make acquisitions and/or keep the lights on, the company's share count has ballooned from a reverse-split-adjusted 1.3 million to around 198 million in under seven years. With the company racking up 232.3 million Canadian dollars ($185.4 million) in operating losses through the first nine months of fiscal 2021, it's unlikely this share-based dilution is anywhere near finished.</p>\n<p>Want another reason to avoid Aurora? Over the past two years, the company has written down approximately half the value of its total assets (about CA$2.8 billion). It's simply one of the worst stocks to play the cannabis boom.</p>\n<p><img src=\"https://static.tigerbbs.com/07841e6a8173146a0fbfddf95a0f1ccb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p><b>GameStop</b></p>\n<p>Since this list of companies to avoid began with a meme stock (AMC), perhaps it's only fitting that it end with another one: <b>GameStop</b> (NYSE:GME).</p>\n<p>Whereas AMC is a fundamental nightmare in every respect, video game and accessories retailer GameStop does at least have a few things working in its favor. For instance, the company was able to raise enough cash to take care of its debt and undertake what'll likely be a multiyear turnaround focused on digital gaming. Additionally, whereas movie theater industry sales are shrinking, digital gaming is expanding, which offers growth opportunities for GameStop.</p>\n<p>The issue, though, is that GameStop is going to take years to turn things around. This is a company that's been built on a brick-and-mortar operating model for more than two decades. As gaming shifts online, GameStop will be forced to close stores at a steady pace to reduce its operating expenses and essentially backpedal its way into the profit column. Though GameStop can be profitable again on a recurring basis, its $15 billion market cap isn't accurately reflective of the challenges that lie ahead.</p>\n<p>If given the choice, I'd choose GameStop over AMC over the long run 1,000 times out of 1,000. But I believe there are much smarter places for investors to put their money right now than a gaming retailer whose sales will likely be stagnant for years.</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>5 Ultra-Popular Stocks to Avoid Like the Plague in September</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\">\n5 Ultra-Popular Stocks to Avoid Like the Plague in September\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 19:49 GMT+8 <a href=https://www.fool.com/investing/2021/09/07/5-ultra-popular-stocks-avoid-like-plague-september/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Popularity doesn't necessarily translate to profitability on Wall Street.\n\nKey Points\n\nThough the S&P 500 is soaring, the valuations of these stocks make little sense.\n\nFor more than 17 months, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/07/5-ultra-popular-stocks-avoid-like-plague-september/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","ZOM":"Zomedica Pharmaceuticals Corp.","ACB":"奥罗拉大麻公司","GME":"游戏驿站","HOOD":"Robinhood"},"source_url":"https://www.fool.com/investing/2021/09/07/5-ultra-popular-stocks-avoid-like-plague-september/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165353911","content_text":"Popularity doesn't necessarily translate to profitability on Wall Street.\n\nKey Points\n\nThough the S&P 500 is soaring, the valuations of these stocks make little sense.\n\nFor more than 17 months, investors have enjoyed a historic bounce-back rally in the stock market. Following the quickest decline of at least 30% in the history of the broad-based S&P 500, the index has since rallied more than 100% off of its low.\nBut just because the market is in rally mode, it doesn't mean every stock deserves its current valuation. The following five ultra-popular stocks are on the radar for all the wrong reasons, and they should be avoided like the plague in September.\n\nImage source: Getty Images.\nAMC Entertainment\nAs I stated last month, movie theater chain AMC Entertainment (NYSE:AMC) will be the top stock to avoid until its share price accurately reflects the ghastly performance of its underlying business and its ugly balance sheet.\nThere pretty much isn't a fundamental factor working in AMC's favor at the moment. Box office ticket sales have consistently been 30% or more below what they were in 2019, and ticket sales had been declining at a fairly steady clip since 2002. CEO Adam Aron has touted AMC's ability to pick up market share during the pandemic, but he overlooks that the actual movie theater pie has been shrinking for two decades.\nMore specific to the company, it burned through close to $577 million in cash in just the first six months of 2021. It's also sitting on $5.5 billion in corporate debt, along with $420 million in deferred rent, all of which will need to be repaid in cash. AMC's cash balance at the end of June was a hair over $1.8 billion, or roughly $2 billion if you include the company's untapped revolving credit line. No matter how you finagle the numbers, AMC has virtually no chance of repaying its obligations, and its bondholders know it, which is why more than $1 billion in combined 2026/2027 maturity bonds are valued at 60% to 65% of face value.\nThe icing on the cake here is that a multitude of theses surrounding an AMC short squeeze aren't supported by fact. Put plainly, a company that was never worth more than $3.8 billion when it was profitable and could pay its debt obligations shouldn't be worth $22 billion when it's hemorrhaging cash and can't pay its obligations.\n\nImage source: Getty Images.\nZomedica\nGenerally speaking, penny stocks (companies with a share price below $5) are penny stocks for a reason. In other words, companies sport a low share price because they're not performing well from an operating standpoint. That's the case with veterinary medicine and diagnostics company Zomedica (NYSEMKT:ZOM).\nOn the surface, there's a lot to like. Pet expenditures in the U.S. haven't declined on a year-over-year basis in more than a quarter of a century, and an estimated $32.3 billion will be spent this year in the U.S. on veterinary care and product sales, according to the American Pet Products Association. To boot, Zomedica launched its first-ever commercial product in March. Truforma, as it's known, is a point-of-care diagnostics system for cats and dogs.\nThe problem is that Truforma just isn't selling. While the company blamed its commercial launch challenges on the sale of its distribution partner, it's still an eye-opener that the company has managed only $29,817 in total sales since its March launch. Although sales will undoubtedly grow as management works out the kinks, I have to wonder what investor wants to pay a multiple of almost 40 times estimated sales for 2022.\nWith no clear pathway to profitability anytime soon, and management diluting the daylights out of its shareholders to raise cash (there are nearly 980 million outstanding shares), Zomedica is an easy avoid in September.\n\nImage source: Getty Images.\nRobinhood Markets\nAnother ultra-popular stock that should be draped in yellow caution tape for September is online investing app Robinhood Markets (NASDAQ:HOOD).\nOn one hand, Robinhood has seen its user growth blossom since the pandemic began. In the 18-month period between Dec. 31, 2019 and June 30, 2021, the company's funded accounts have grown from about 10 million to 22.5 million. It also now has more than $100 billion in assets under custody. As retail investors have flocked to Robinhood, revenue has soared.\nBut this doesn't tell the full story. Even though its customer count has risen, Robinhood has rubbed retail investors and U.S. regulators the wrong way. The company had to pare back trading activity earlier this year on heavily shorted meme stocks (companies lauded for their social media buzz, rather than their operating performance) because it lacked the capital to support heightened trading activity. It's drawn ire from regulators over its sale of order flow to hedge funds, as well.\nRobinhood's operating model also looks as if it could be easily disrupted. Even though it's best known for attracting retail investors, and the company can generate revenue from certain trading activities, such as options, it generates a good chunk of its revenue from selling order to flow to a small handful of hedge funds and institutional investors. If any of these clients were to stop paying for order flow, or if new regulations altered how order flow was sold, Robinhood could be in big trouble.\n\nImage source: Getty Images.\nAurora Cannabis\nLet's face the facts: A majority of Canadian marijuana stocks have no business in investors' portfolios. But time and again Aurora Cannabis (NASDAQ:ACB) has demonstrated that it's one of the worst of the bunch and should be avoided at all costs.\nWhen Canada legalized recreational weed in October 2018, Aurora looked to be set for success. It eventually held 15 production facilities (many in various stages of development), and anticipated generating a lot of sales via overseas exports. But in the nearly three years since our northerly neighbor waved the green flag on adult-use cannabis, Aurora's international revenue is still minimal, and it's shuttered, sold, or halted construction on more than half of the facilities it once held.\nI can only imagine that one of the more consistently irritating aspects of being an Aurora Cannabis shareholder is the constant dilution. With the former and current management team using the company's shares as collateral to make acquisitions and/or keep the lights on, the company's share count has ballooned from a reverse-split-adjusted 1.3 million to around 198 million in under seven years. With the company racking up 232.3 million Canadian dollars ($185.4 million) in operating losses through the first nine months of fiscal 2021, it's unlikely this share-based dilution is anywhere near finished.\nWant another reason to avoid Aurora? Over the past two years, the company has written down approximately half the value of its total assets (about CA$2.8 billion). It's simply one of the worst stocks to play the cannabis boom.\n\nImage source: Getty Images.\nGameStop\nSince this list of companies to avoid began with a meme stock (AMC), perhaps it's only fitting that it end with another one: GameStop (NYSE:GME).\nWhereas AMC is a fundamental nightmare in every respect, video game and accessories retailer GameStop does at least have a few things working in its favor. For instance, the company was able to raise enough cash to take care of its debt and undertake what'll likely be a multiyear turnaround focused on digital gaming. Additionally, whereas movie theater industry sales are shrinking, digital gaming is expanding, which offers growth opportunities for GameStop.\nThe issue, though, is that GameStop is going to take years to turn things around. This is a company that's been built on a brick-and-mortar operating model for more than two decades. As gaming shifts online, GameStop will be forced to close stores at a steady pace to reduce its operating expenses and essentially backpedal its way into the profit column. Though GameStop can be profitable again on a recurring basis, its $15 billion market cap isn't accurately reflective of the challenges that lie ahead.\nIf given the choice, I'd choose GameStop over AMC over the long run 1,000 times out of 1,000. But I believe there are much smarter places for investors to put their money right now than a gaming retailer whose sales will likely be stagnant for years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880749760,"gmtCreate":1631086589050,"gmtModify":1632884715297,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"Oh is it? Time to buy more!! ","listText":"Oh is it? Time to buy more!! ","text":"Oh is it? Time to buy more!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880749760","repostId":"1184488523","repostType":4,"repost":{"id":"1184488523","kind":"news","pubTimestamp":1631070273,"share":"https://www.laohu8.com/m/news/1184488523?lang=&edition=full","pubTime":"2021-09-08 11:04","market":"us","language":"en","title":"GameStop’s Earnings Are Coming. Nobody Knows What to Expect—Aside From Volatility.","url":"https://stock-news.laohu8.com/highlight/detail?id=1184488523","media":"Barrons","summary":"After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on Wednesday.The consensus among the four analysts still covering the stock and providing estimates to FactSet is that the company will report a fiscal second-quarter adjusted net loss of 67 cents a share. They forecast sales of about $1.23 billion, down from $1.28 billion in the first quarter but an impro","content":"<p>After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on Wednesday.</p>\n<p>The consensus among the four analysts still covering the stock and providing estimates to FactSet is that the company (ticker: GME) will report a fiscal second-quarter adjusted net loss of 67 cents a share. They forecast sales of about $1.23 billion, down from $1.28 billion in the first quarter but an improvement from $942 million in the second quarter of last year.</p>\n<p>For Wednesday evening’s report, options markets imply a 9% to 12% move, up or down, after earnings. If the past two reports are any indicator, expect volatility.</p>\n<p>More important to investors will be updates from the company’s new management team. Activist investor and Chewy co-founder Ryan Cohen joined the GameStop board in January—which kickstarted the stock’s initial surge—and became the board’s chairman in June. CEO Matt Furlong and Chief Financial Officer Mike Recupero—both Amazon.com alums—started in their roles at GameStop on June 21 and July 12, respectively, so this will be both executives’ first earnings report.</p>\n<p>Through hiring a swath of executives with substantial e-commerce experience and investing in fulfillment, the company has signaled progress on efforts to revamp GameStop’s digital presence and customer service efforts. Still, Wedbush analyst Michael Pachter told Barron’s the company hasn’t provided any substance to its strategic ambitions.</p>\n<p>“They want to be like Amazon,” Pachter added. “I expect them to keep the mystery alive.”</p>\n<p>In June, Cohen said he wouldn’t make lofty promises or telegraph his strategy to competitors. Still, he listed goals such as “delighting customers and driving shareholder value for the long-term.” A substantive update, or significant progress on its turnaround efforts, could provide a spark for the stock.</p>\n<p>Still, David Trainer, CEO of investment research firm New Constructs, argues shares are trading on meme momentum, rather than fundamentals. He thinks the share price would be closer to $30 if it were trading based on the business’ fundamentals.</p>\n<p>“The business results that are implied in GameStop’s current stock price are far, far beyond what any reasonable person might expect the company to achieve,” Trainer says. “Even if GameStop’s management transforms the business into a wildly larger and more profitable enterprise, the stock isn’t likely to move higher because that business momentum is already priced-in.”</p>\n<p><img src=\"https://static.tigerbbs.com/bc8011722098e7615e83dd0aa358901e\" tg-width=\"1068\" tg-height=\"1248\" width=\"100%\" height=\"auto\"></p>\n<p>With GameStop shares down 1.9% to $199 on Tuesday, the stock was still up 2,500% in the past year and 956% year-to-date. Shares were down 34% from their close on June 7. While it’s difficult to nail down what moves GameStop stock on any given day, short seller activity, options volume, momentum trading, and online chatter are among the nonfundamental factors to consider.</p>\n<p>Ihor Dusaniwsky, managing director at short-selling analytics provider S3 Partners, estimates GameStop’s short interest sits at $1.41 billion. His estimate at 6.94 million shares shorted represents roughly 11% of shares available for trading.</p>\n<p>“Over the past week we saw significant short covering,” Dusaniwsky says, noting shares shorted decreased by about 306,000 shares, worth $62 million, even as the stock price fell</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop’s Earnings Are Coming. Nobody Knows What to Expect—Aside From Volatility.</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\">\nGameStop’s Earnings Are Coming. Nobody Knows What to Expect—Aside From Volatility.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 11:04 GMT+8 <a href=https://www.barrons.com/articles/gamestop-earnings-51631050837?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on ...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-earnings-51631050837?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/gamestop-earnings-51631050837?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184488523","content_text":"After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on Wednesday.\nThe consensus among the four analysts still covering the stock and providing estimates to FactSet is that the company (ticker: GME) will report a fiscal second-quarter adjusted net loss of 67 cents a share. They forecast sales of about $1.23 billion, down from $1.28 billion in the first quarter but an improvement from $942 million in the second quarter of last year.\nFor Wednesday evening’s report, options markets imply a 9% to 12% move, up or down, after earnings. If the past two reports are any indicator, expect volatility.\nMore important to investors will be updates from the company’s new management team. Activist investor and Chewy co-founder Ryan Cohen joined the GameStop board in January—which kickstarted the stock’s initial surge—and became the board’s chairman in June. CEO Matt Furlong and Chief Financial Officer Mike Recupero—both Amazon.com alums—started in their roles at GameStop on June 21 and July 12, respectively, so this will be both executives’ first earnings report.\nThrough hiring a swath of executives with substantial e-commerce experience and investing in fulfillment, the company has signaled progress on efforts to revamp GameStop’s digital presence and customer service efforts. Still, Wedbush analyst Michael Pachter told Barron’s the company hasn’t provided any substance to its strategic ambitions.\n“They want to be like Amazon,” Pachter added. “I expect them to keep the mystery alive.”\nIn June, Cohen said he wouldn’t make lofty promises or telegraph his strategy to competitors. Still, he listed goals such as “delighting customers and driving shareholder value for the long-term.” A substantive update, or significant progress on its turnaround efforts, could provide a spark for the stock.\nStill, David Trainer, CEO of investment research firm New Constructs, argues shares are trading on meme momentum, rather than fundamentals. He thinks the share price would be closer to $30 if it were trading based on the business’ fundamentals.\n“The business results that are implied in GameStop’s current stock price are far, far beyond what any reasonable person might expect the company to achieve,” Trainer says. “Even if GameStop’s management transforms the business into a wildly larger and more profitable enterprise, the stock isn’t likely to move higher because that business momentum is already priced-in.”\n\nWith GameStop shares down 1.9% to $199 on Tuesday, the stock was still up 2,500% in the past year and 956% year-to-date. Shares were down 34% from their close on June 7. While it’s difficult to nail down what moves GameStop stock on any given day, short seller activity, options volume, momentum trading, and online chatter are among the nonfundamental factors to consider.\nIhor Dusaniwsky, managing director at short-selling analytics provider S3 Partners, estimates GameStop’s short interest sits at $1.41 billion. His estimate at 6.94 million shares shorted represents roughly 11% of shares available for trading.\n“Over the past week we saw significant short covering,” Dusaniwsky says, noting shares shorted decreased by about 306,000 shares, worth $62 million, even as the stock price fell","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144887580,"gmtCreate":1626275339240,"gmtModify":1633928340137,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"Give up hedgies. This belongs to the apes","listText":"Give up hedgies. This belongs to the apes","text":"Give up hedgies. This belongs to the apes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144887580","repostId":"2151551418","repostType":2,"repost":{"id":"2151551418","kind":"news","pubTimestamp":1626271991,"share":"https://www.laohu8.com/m/news/2151551418?lang=&edition=full","pubTime":"2021-07-14 22:13","market":"us","language":"en","title":"'You could lose everything' on meme stocks: Franklin Templeton CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2151551418","media":"Yahoo Finance","summary":"The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities Gam","content":"<p>The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities GameStop (GME) and AMC (AMC) have plummeted, dropping about 10% and 21% respectively.</p>\n<p>The decline affirms the fears of observers who had warned that a pullback was likely for shares elevated by what some consider speculative trading.</p>\n<p>In a new interview, Franklin Templeton (BEN) CEO Jenny Johnson — whose investment firm manages more than $1.5 trillion in assets — criticized the trading as risky investing that could produce lucrative highs or devastating lows. However, she said she's \"optimistic\" about new trading technology that helps everyday people access the market, predicting the trend will give traders opportunities otherwise exclusive to the rich.</p>\n<p>\"On the meme stocks, I never like investing where there isn't fundamentals behind it,\" she says.</p>\n<p>\"I think that the challenge with things like the meme stocks is yeah, if you time it right, you're going to do great,\" adds Johnson, who became CEO at Franklin Templeton last February. \"On the other hand, you could lose everything.\"</p>\n<p>To be sure, shares in meme stock darlings GameStop and AMC remain well above where they stood at the outset of the year. GameStop has leapt more than 900% over that period, and AMC has shot up more than 1,750%.</p>\n<p>Shareholders in AMC showed their strength last week when online opposition to the potential issuance of new shares prompted CEO Adam Aron to cancel a vote on the proposal.</p>\n<p>Overall, the stock frenzy has fueled a record flow of money into the market from retail investors. Last month, the traders bought almost $28 billion of stocks and exchange-traded funds on a net basis, the largest amount in a single month since at least 2014, according to data from Vanda Research that was reported by the Wall Street Journal.</p>\n<p>But wealthy investors continue to dominate the stock market. The wealthiest 10% of U.S. families own 84% of overall equities and 92% of directly held equities, according to a 2019 Federal Reserve survey analyzed by The New York Times.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-07/1db3e470-e499-11eb-bffd-8aa508ca017c\" tg-width=\"4889\" tg-height=\"3329\"><span>A GameStop storefront is shown before opening Thursday morning, Jan. 28, 2021, in Dallas. (AP Photo/LM Otero)ASSOCIATED PRESS</span></p>\n<p>Johnson, the granddaughter of Franklin Templeton founder Rupert Johnson, began working in the mailroom at the investment fund over holidays at age 14. After a stint at Drexel Burnham, she joined Franklin Templeton in the late '80s, serving in various executive roles before she became CEO.</p>\n<p>Johnson said new trading technology will allow everyday people to access tools and trading opportunities that had only been available to the privileged.</p>\n<p>\"You're going to see that actually what technology is doing is it is bringing to the masses what historically was only available to the ultra-high net worth,\" she says.</p>\n<p>\"What makes me more optimistic is that there's going to be these things that traditionally weren't available to everybody that now because of technology are going to actually be available as investment opportunities,\" she later adds.</p>","source":"yahoofinance","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>'You could lose everything' on meme stocks: Franklin Templeton CEO</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\">\n'You could lose everything' on meme stocks: Franklin Templeton CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 22:13 GMT+8 <a href=https://finance.yahoo.com/news/you-could-lose-everything-on-meme-stocks-franklin-templeton-ceo-135011534.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities GameStop (GME) and AMC (AMC) have plummeted, dropping about 10% and 21% respectively.\nThe decline ...</p>\n\n<a href=\"https://finance.yahoo.com/news/you-could-lose-everything-on-meme-stocks-franklin-templeton-ceo-135011534.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BEN":"富兰克林资源","GME":"游戏驿站","AMC":"AMC院线","FELE":"富兰克林电子"},"source_url":"https://finance.yahoo.com/news/you-could-lose-everything-on-meme-stocks-franklin-templeton-ceo-135011534.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151551418","content_text":"The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities GameStop (GME) and AMC (AMC) have plummeted, dropping about 10% and 21% respectively.\nThe decline affirms the fears of observers who had warned that a pullback was likely for shares elevated by what some consider speculative trading.\nIn a new interview, Franklin Templeton (BEN) CEO Jenny Johnson — whose investment firm manages more than $1.5 trillion in assets — criticized the trading as risky investing that could produce lucrative highs or devastating lows. However, she said she's \"optimistic\" about new trading technology that helps everyday people access the market, predicting the trend will give traders opportunities otherwise exclusive to the rich.\n\"On the meme stocks, I never like investing where there isn't fundamentals behind it,\" she says.\n\"I think that the challenge with things like the meme stocks is yeah, if you time it right, you're going to do great,\" adds Johnson, who became CEO at Franklin Templeton last February. \"On the other hand, you could lose everything.\"\nTo be sure, shares in meme stock darlings GameStop and AMC remain well above where they stood at the outset of the year. GameStop has leapt more than 900% over that period, and AMC has shot up more than 1,750%.\nShareholders in AMC showed their strength last week when online opposition to the potential issuance of new shares prompted CEO Adam Aron to cancel a vote on the proposal.\nOverall, the stock frenzy has fueled a record flow of money into the market from retail investors. Last month, the traders bought almost $28 billion of stocks and exchange-traded funds on a net basis, the largest amount in a single month since at least 2014, according to data from Vanda Research that was reported by the Wall Street Journal.\nBut wealthy investors continue to dominate the stock market. The wealthiest 10% of U.S. families own 84% of overall equities and 92% of directly held equities, according to a 2019 Federal Reserve survey analyzed by The New York Times.\nA GameStop storefront is shown before opening Thursday morning, Jan. 28, 2021, in Dallas. (AP Photo/LM Otero)ASSOCIATED PRESS\nJohnson, the granddaughter of Franklin Templeton founder Rupert Johnson, began working in the mailroom at the investment fund over holidays at age 14. After a stint at Drexel Burnham, she joined Franklin Templeton in the late '80s, serving in various executive roles before she became CEO.\nJohnson said new trading technology will allow everyday people to access tools and trading opportunities that had only been available to the privileged.\n\"You're going to see that actually what technology is doing is it is bringing to the masses what historically was only available to the ultra-high net worth,\" she says.\n\"What makes me more optimistic is that there's going to be these things that traditionally weren't available to everybody that now because of technology are going to actually be available as investment opportunities,\" she later adds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109546501,"gmtCreate":1619706904703,"gmtModify":1634210543354,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"Following","listText":"Following","text":"Following","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/109546501","repostId":"1169827391","repostType":4,"repost":{"id":"1169827391","kind":"news","pubTimestamp":1619664680,"share":"https://www.laohu8.com/m/news/1169827391?lang=&edition=full","pubTime":"2021-04-29 10:51","market":"us","language":"en","title":"Amazon Earnings Will Be Fantastic. What That Means for the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1169827391","media":"Barrons","summary":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stell","content":"<p>Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the role of executive chairman, with Amazon Web Services chief Andy Jassy taking over the top slot.</p>\n<p>The combination of that pending change, along with uncertainty over how the reopening of the economy will affect shopping behavior, has some investors a little uneasy about the stock’s near-term prospects.</p>\n<p>They will get a fresh look at the situation after the close of trading on Thursday, when Amazon (ticker: AMZN) posts its results for the March quarter. Amazon has told investors to expect revenue of $100 billion to $106 billion, with operating income of between $3 billion and $6.5 billion, and about $2 billion in costs related to Covid-19. The Wall Street consensus calls for revenue of $104.5 billion, with profits of $9.54 a share.</p>\n<p>The Street also clearly expects the quarter’s results to show continued strength in e-commerce. According to FactSet, Wall Street analysts expect online-stores revenue of $51.5 billion, up 41% from a year ago, with third-party sales of $21.7 billion, up 50%. Subscription revenues are expected to be $7.3 billion, up 32%, while revenue from physical stores is expected to be $4.3 billion, down 8%. AWS revenues are projected at $13.2 billion, up 29%.</p>\n<p>One open question is what forecasts the company will make for the June quarter as parts of the country begin to return to more normal economic activity. The Street is projecting June quarter revenue of $108.7 billion and profits of $10.81 a share.</p>\n<p>In an earnings preview note, Truist analyst Youssef Squali reiterated a Buy rating on the stock and a target of $3,750 for the share price. The stock closed Tuesday at $3,417.43, up 4.9% year to date.</p>\n<p>He expects revenue to come in at the high end of the range Amazon predicted, saying e-commerce demand has remained strong both in the U.S. and internationally, given that the pandemic has been slow to subside. Conversations with people in the industry and strong earning disclosed last week by Snap bode well for Amazon’s ad business, which is lumped into a category called “other,” he wrote. He also thinks the market continues to underestimate the long-term growth potential of the dominance of the company’s two key businesses—e-commerce and AWS—as well as the company’s “emerging leadership in online advertising.”</p>\n<p>Stifel analyst Scott Devitt is similarly bullish, repeating a Buy rating and $4,000 target price. He sees 40% top-line growth, a little ahead of the Street consensus. “The focus on the report will largely center on the outlook as Amazon laps the difficult prior year compares from the onset of the pandemic,” he wrote in a research note.</p>\n<p>“Growth in a post-Covid environment remains largely uncertain for Amazon and across the e-commerce landscape,” Devitt said. “Our [June quarter] revenue estimates are ahead of consensus as we see tailwinds stemming from strong growth in new Prime members and diversification across geographies and categories supporting the retail business as economies recover.” He also said AWS and the ad business are well positioned for a recovery.</p>\n<p>Wedbush analyst Michael Pachter likewise maintained an Outperform rating and $4,000 target. He thinks the company will post more revenue and operating income than it had forecast, an outperformance resulting from market-share gains in e-commerce. </p>\n<p>“We believe that a more stable economy, continued imposition of shelter-in-place orders in many of Amazon’s markets, continued expansion into the very large grocery segment, and outstanding execution likely drove strong results in Q1,” he said. “In addition, Amazon Pharmacy (launched February 2) represents a U.S. [addressable market] of around $600 billion, so any market share gains could provide further upside.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Earnings Will Be Fantastic. What That Means for the Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Earnings Will Be Fantastic. What That Means for the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 10:51 GMT+8 <a href=https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169827391","content_text":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the role of executive chairman, with Amazon Web Services chief Andy Jassy taking over the top slot.\nThe combination of that pending change, along with uncertainty over how the reopening of the economy will affect shopping behavior, has some investors a little uneasy about the stock’s near-term prospects.\nThey will get a fresh look at the situation after the close of trading on Thursday, when Amazon (ticker: AMZN) posts its results for the March quarter. Amazon has told investors to expect revenue of $100 billion to $106 billion, with operating income of between $3 billion and $6.5 billion, and about $2 billion in costs related to Covid-19. The Wall Street consensus calls for revenue of $104.5 billion, with profits of $9.54 a share.\nThe Street also clearly expects the quarter’s results to show continued strength in e-commerce. According to FactSet, Wall Street analysts expect online-stores revenue of $51.5 billion, up 41% from a year ago, with third-party sales of $21.7 billion, up 50%. Subscription revenues are expected to be $7.3 billion, up 32%, while revenue from physical stores is expected to be $4.3 billion, down 8%. AWS revenues are projected at $13.2 billion, up 29%.\nOne open question is what forecasts the company will make for the June quarter as parts of the country begin to return to more normal economic activity. The Street is projecting June quarter revenue of $108.7 billion and profits of $10.81 a share.\nIn an earnings preview note, Truist analyst Youssef Squali reiterated a Buy rating on the stock and a target of $3,750 for the share price. The stock closed Tuesday at $3,417.43, up 4.9% year to date.\nHe expects revenue to come in at the high end of the range Amazon predicted, saying e-commerce demand has remained strong both in the U.S. and internationally, given that the pandemic has been slow to subside. Conversations with people in the industry and strong earning disclosed last week by Snap bode well for Amazon’s ad business, which is lumped into a category called “other,” he wrote. He also thinks the market continues to underestimate the long-term growth potential of the dominance of the company’s two key businesses—e-commerce and AWS—as well as the company’s “emerging leadership in online advertising.”\nStifel analyst Scott Devitt is similarly bullish, repeating a Buy rating and $4,000 target price. He sees 40% top-line growth, a little ahead of the Street consensus. “The focus on the report will largely center on the outlook as Amazon laps the difficult prior year compares from the onset of the pandemic,” he wrote in a research note.\n“Growth in a post-Covid environment remains largely uncertain for Amazon and across the e-commerce landscape,” Devitt said. “Our [June quarter] revenue estimates are ahead of consensus as we see tailwinds stemming from strong growth in new Prime members and diversification across geographies and categories supporting the retail business as economies recover.” He also said AWS and the ad business are well positioned for a recovery.\nWedbush analyst Michael Pachter likewise maintained an Outperform rating and $4,000 target. He thinks the company will post more revenue and operating income than it had forecast, an outperformance resulting from market-share gains in e-commerce. \n“We believe that a more stable economy, continued imposition of shelter-in-place orders in many of Amazon’s markets, continued expansion into the very large grocery segment, and outstanding execution likely drove strong results in Q1,” he said. “In addition, Amazon Pharmacy (launched February 2) represents a U.S. [addressable market] of around $600 billion, so any market share gains could provide further upside.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163380552,"gmtCreate":1623859752976,"gmtModify":1634026889629,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"💎👋","listText":"💎👋","text":"💎👋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/163380552","repostId":"1118154026","repostType":4,"repost":{"id":"1118154026","kind":"news","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":1623850220,"share":"https://www.laohu8.com/m/news/1118154026?lang=&edition=full","pubTime":"2021-06-16 21:30","market":"us","language":"en","title":"S&P 500 is flat near a record with all eyes on Federal Reserve’s update","url":"https://stock-news.laohu8.com/highlight/detail?id=1118154026","media":"Tiger Newspress","summary":"U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.\nTh","content":"<p>U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.</p> \n<p>The Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.</p> \n<p>Large tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.</p> \n<p>Stocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.</p> \n<p>The Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.</p> \n<p>The Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.</p> \n<p>The meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p> \n<p>\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"</p> \n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p> \n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p> \n<p>Minutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.</p> \n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</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>S&P 500 is flat near a record with all eyes on Federal Reserve’s update</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\">\nS&P 500 is flat near a record with all eyes on Federal Reserve’s update\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\">2021-06-16 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.</p> \n<p>The Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.</p> \n<p>Large tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.</p> \n<p>Stocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.</p> \n<p>The Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.</p> \n<p>The Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.</p> \n<p>The meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p> \n<p>\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"</p> \n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p> \n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p> \n<p>Minutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.</p> \n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118154026","content_text":"U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.\nThe Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.\nLarge tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.\nStocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.\nThe Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.\nThe Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.\nThe meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.\n\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"\nThe central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.\n\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"\nMinutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.\nOn Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112042183,"gmtCreate":1622830800842,"gmtModify":1634097574569,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"💎🖖","listText":"💎🖖","text":"💎🖖","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112042183","repostId":"1154735458","repostType":2,"repost":{"id":"1154735458","kind":"news","pubTimestamp":1620820511,"share":"https://www.laohu8.com/m/news/1154735458?lang=&edition=full","pubTime":"2021-05-12 19:55","market":"us","language":"en","title":"GameStop: Why The 'Blockbuster' Of Gaming Will Eventually Fail","url":"https://stock-news.laohu8.com/highlight/detail?id=1154735458","media":"seekingalpha","summary":"Summary\n\nGameStop has been a highly debated stock after a surge of retail interest turned the compan","content":"<p><b>Summary</b></p>\n<ul>\n <li>GameStop has been a highly debated stock after a surge of retail interest turned the company into a \"meme stock\" and drove shares into triple figures.</li>\n <li>The company is pivoting to e-commerce and has admittedly cleaned up its balance sheet nicely.</li>\n <li>The long-term problem is that the company faces margin pressures from a number of angles. The current valuation and business challenges present a \"lose/lose\" outcome to investors.</li>\n</ul>\n<p>Now considered a \"meme stock\"; gaming retail company GameStop Corp.(NYSE:GME)has seen volatility in its share price over the past year. The stock has bounced between a vast range from low single digits, to more than $480 per share. While much of the excitement has faded away, the stock still trades at more than $140 per share. A business transformation is underway, led by Ryan Cohen, the former CEO and co-founder of animal products e-commerce leader Chewy(NYSE:CHWY). This has many retail investors holding shares in anticipation of a long term rebirth, with GameStop becoming an e-commerce titan of the gaming industry.</p>\n<p>Unfortunately, the data doesn't point to this outcome. While the company has stabilized itself and now operates on a debt free basis, the company's needed capital investments to flesh out an e-commerce strategy in addition to secular tailwinds lead me to believe that GameStop will be unable to sustain long term profitability. In the event of successful execution, the valuation will take many years to be justified. For these reasons, GameStop is a very poor long term investment. We will outline our bearish thesis below.</p>\n<p><b>GameStop Forced To Go To E-Commerce</b></p>\n<p>GameStop has long been known among consumers as a brick and mortar centric video game retailer. When I was growing up (I'm now in my early 30s), I used to camp out in front of GameStop at midnight, waiting with friends for the latest release of our favorite games. While you could get games at nearly any retailer, the ability to trade in old games for store credit, and large product selection found at a gaming focused store such as GameStop was compelling for me as a gamer.</p>\n<p>Today, the way in which gaming is delivered to the consumer is far different. In many cases, games can be purchased (and pre-ordered) digitally. Fast internet speeds mean that games can be downloaded and played within minutes or sometimes a few hours. The rise of Amazon has brought the shopping experience to one's fingertips.</p>\n<p>These secular changes have slowly deteriorated GameStop's store traffic and resulting revenues.</p>\n<p><img src=\"https://static.tigerbbs.com/d0690d871cc1287d7d877083b48b74d0\" tg-width=\"640\" tg-height=\"377\">source: YCharts</p>\n<p>This significant decline in GameStop's business has forced the company to evolve, and begin the journey of shifting towards an e-commerce model. This has been led by an activist investor in Chewy co-founder Ryan Cohen, who got involved with GameStop in September of 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/084ae308b6cc58704e8982e61b213408\" tg-width=\"640\" tg-height=\"162\">source: GameStop Corp.</p>\n<p>The company's plan is to strip costs out of the business by closing stores, cutting expenses, and devoting its resources to optimizing its product footprint while fleshing out the logistics needed for an e-commerce centric market strategy. These efforts remain in-motion. The company has closed roughly 1,000 stores through the end of 2020, andrecently leaseda 700K square-foot facility that will serve as a fulfillment center.</p>\n<p>To GameStop's credit, the business has seen signs of improvement. The company is currently debt free.</p>\n<p><img src=\"https://static.tigerbbs.com/575ba6c4954d66961e0a8550dcf561af\" tg-width=\"640\" tg-height=\"369\">source: YCharts</p>\n<p>The company has also raised capital with a timely equity raise in early 2021. GameStop raised $551 million on 3.5 million shares, averaging a price per share of $157. Considering the company has repurchased more than a third of its stock since spring 2019 at an average of $5.21/share, this is a phenomenal move on GameStop's part. This newfound capital will be needed as the company's transformation efforts are far from over.</p>\n<p>Multiple Margin Pressures Threaten Profitability</p>\n<p>While successful e-commerce models can be powerful, the formation of the e-commerce model can be costly. Infrastructure needs to be put into place, and the digital marketplace brings competition from all over.</p>\n<p>GameStop's financials are in a much better place at present. However over the long term, its largest challenge in pivoting to e-commerce is making the model profitable over the long term. There are a number of concerns I have about GameStop's ability to do this.</p>\n<p><b>Smaller Scale</b></p>\n<p>E-commerce is a \"cut-throat\" business, where scale is your friend. GameStop is seeking an e-commerce model that will pit it against much larger competitors such as Amazon (AMZN), Walmart (WMT), and Target (TGT). These companies have significantly higher scale than GameStop, including larger revenues (and balance sheets).</p>\n<p>In a retail space where the product is commoditized (gaming hardware/software is the same regardless of where you buy from unless a developer partnership is in place), there is not room for much mark-up and the larger players can take more \"pain\" to take/protect market share.</p>\n<p><b>Product Mix</b></p>\n<p>Another concern I have with GameStop is the company's product mix moving forward. Game distribution continues to move increasingly digital, and is a trend that I don't see reversing. It's simply far too convenient for gamers because they can buy/pre-order a game, and it can be downloaded relatively quickly thanks to faster internet speeds available today.</p>\n<p>This has been reinforced by console makers. The Xbox Series S lacks a disc drive, and the PlayStation 5 also offers a variant that does not include a disc drive.</p>\n<p>GameStop knows that software sales are in secular decline, and has indicated an intention to focus on hardware and accessories including:</p>\n<ul>\n <li>Computers</li>\n <li>Monitors</li>\n <li>Game Tables</li>\n <li>Mobile Gaming</li>\n <li>Gaming TVs</li>\n</ul>\n<p>The problem for GameStop, is that these declining software sales carried the highest margins for the company.</p>\n<p>From GameStop's 2020Q4 earnings call:</p>\n<blockquote>\n <i>\"From a product margin standpoint, overall gross margins were 21.1%, down 610 basis points from our more software-led 27.2% gross margin in the fiscal fourth quarter last year. The decline was driven by an expected increase in mix of lower margin hardware sales, a continued increase in industry-wide freight costs, credit card processing fees driven by our higher penetration of e-commerce sales, and a broader promotional stance.\"</i>\n</blockquote>\n<p>So GameStop is pivoting to lower margin, higher cost items - probably because it knows it has to. This isn't to say that GameStop can't pull it off, but the conflict is quite obvious.</p>\n<p><b>GameStop Needs To Repair Its Brand Image</b></p>\n<p>Perhaps the largest question mark I have about GameStop - even more than the economics of its future business model, is the company's branding. GameStop talks about being this gamer-centric, customer driven model that consumers love.</p>\n<p>However, this doesn't seem to be the current state of GameStop's brand. The company has been poked fun at on the internet for its \"low-ball\" offers on gamer trade-ins.</p>\n<p>GameStop also possesses a NPS (net promoter score) of -6according to Comparably. As a gamer myself, I had a \"bad taste\" in my mouth when sourcing my Xbox Series X. GameStop often tied its inventory of next-generation consoles to large expansive bundles that included high margin games and accessories that many consumers didn't want. If GameStop expects to become a modernized \"go-to\" shopping experience for gamers, they have work to do in the brand power department.</p>\n<p><b>The Long Path To Profitability Is Too Large A Risk</b></p>\n<p>GameStop can certainly address these concerns over time. The company's recent equity raise if anything, buys them time to try and execute this transition. This is also asking investors in GameStop to take on risk. While shares of GameStop have pulled back considerably, the stock still trades at $143 per share, multiples of what it did as recently as the beginning of the year.</p>\n<p><img src=\"https://static.tigerbbs.com/fcc11261f3b8202eaa6b86d9f99c97b0\" tg-width=\"640\" tg-height=\"375\">source: YCharts</p>\n<p>The company is not a growth stock, and therefore should be valued on earnings. But GameStop is losing money, and will not turn a profit anytime soon. Analysts see the company steadily getting closer to break even, breaking that barrier in FY2024 (three years from now).</p>\n<p><img src=\"https://static.tigerbbs.com/fa4040ac389c6925d97545645ac30c98\" tg-width=\"640\" tg-height=\"226\">source: Seeking Alpha</p>\n<p>But if GameStop achieves 2024 estimates of earning $1.35 per share, that means that the stock's current valuation is a whopping 106X 2024 earnings(!). Investing is about risk and reward, and I can't make the case to pay that valuation. Investors have to essentially give up the opportunity cost of investing elsewhere over this time frame, hope that GameStop can execute successfully, and then wait longer for the business to grow into its valuation over a 5+ year time horizon. Frankly, it seems silly.</p>\n<p><b>Wrapping Up</b></p>\n<p>When you put all of this together, GameStop offers a terrible risk/reward to investors. In a worst case scenario, GameStop fails to execute its e-commerce model and goes out of business. In a best case scenario, investors will wait years to justify the current valuation. When the outcome is lose/lose, I would rather not play at all.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop: Why The 'Blockbuster' Of Gaming Will Eventually Fail</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\">\nGameStop: Why The 'Blockbuster' Of Gaming Will Eventually Fail\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 19:55 GMT+8 <a href=https://seekingalpha.com/article/4427260-gamestop-why-blockbuster-gaming-eventually-fail><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGameStop has been a highly debated stock after a surge of retail interest turned the company into a \"meme stock\" and drove shares into triple figures.\nThe company is pivoting to e-commerce ...</p>\n\n<a href=\"https://seekingalpha.com/article/4427260-gamestop-why-blockbuster-gaming-eventually-fail\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/article/4427260-gamestop-why-blockbuster-gaming-eventually-fail","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1154735458","content_text":"Summary\n\nGameStop has been a highly debated stock after a surge of retail interest turned the company into a \"meme stock\" and drove shares into triple figures.\nThe company is pivoting to e-commerce and has admittedly cleaned up its balance sheet nicely.\nThe long-term problem is that the company faces margin pressures from a number of angles. The current valuation and business challenges present a \"lose/lose\" outcome to investors.\n\nNow considered a \"meme stock\"; gaming retail company GameStop Corp.(NYSE:GME)has seen volatility in its share price over the past year. The stock has bounced between a vast range from low single digits, to more than $480 per share. While much of the excitement has faded away, the stock still trades at more than $140 per share. A business transformation is underway, led by Ryan Cohen, the former CEO and co-founder of animal products e-commerce leader Chewy(NYSE:CHWY). This has many retail investors holding shares in anticipation of a long term rebirth, with GameStop becoming an e-commerce titan of the gaming industry.\nUnfortunately, the data doesn't point to this outcome. While the company has stabilized itself and now operates on a debt free basis, the company's needed capital investments to flesh out an e-commerce strategy in addition to secular tailwinds lead me to believe that GameStop will be unable to sustain long term profitability. In the event of successful execution, the valuation will take many years to be justified. For these reasons, GameStop is a very poor long term investment. We will outline our bearish thesis below.\nGameStop Forced To Go To E-Commerce\nGameStop has long been known among consumers as a brick and mortar centric video game retailer. When I was growing up (I'm now in my early 30s), I used to camp out in front of GameStop at midnight, waiting with friends for the latest release of our favorite games. While you could get games at nearly any retailer, the ability to trade in old games for store credit, and large product selection found at a gaming focused store such as GameStop was compelling for me as a gamer.\nToday, the way in which gaming is delivered to the consumer is far different. In many cases, games can be purchased (and pre-ordered) digitally. Fast internet speeds mean that games can be downloaded and played within minutes or sometimes a few hours. The rise of Amazon has brought the shopping experience to one's fingertips.\nThese secular changes have slowly deteriorated GameStop's store traffic and resulting revenues.\nsource: YCharts\nThis significant decline in GameStop's business has forced the company to evolve, and begin the journey of shifting towards an e-commerce model. This has been led by an activist investor in Chewy co-founder Ryan Cohen, who got involved with GameStop in September of 2020.\nsource: GameStop Corp.\nThe company's plan is to strip costs out of the business by closing stores, cutting expenses, and devoting its resources to optimizing its product footprint while fleshing out the logistics needed for an e-commerce centric market strategy. These efforts remain in-motion. The company has closed roughly 1,000 stores through the end of 2020, andrecently leaseda 700K square-foot facility that will serve as a fulfillment center.\nTo GameStop's credit, the business has seen signs of improvement. The company is currently debt free.\nsource: YCharts\nThe company has also raised capital with a timely equity raise in early 2021. GameStop raised $551 million on 3.5 million shares, averaging a price per share of $157. Considering the company has repurchased more than a third of its stock since spring 2019 at an average of $5.21/share, this is a phenomenal move on GameStop's part. This newfound capital will be needed as the company's transformation efforts are far from over.\nMultiple Margin Pressures Threaten Profitability\nWhile successful e-commerce models can be powerful, the formation of the e-commerce model can be costly. Infrastructure needs to be put into place, and the digital marketplace brings competition from all over.\nGameStop's financials are in a much better place at present. However over the long term, its largest challenge in pivoting to e-commerce is making the model profitable over the long term. There are a number of concerns I have about GameStop's ability to do this.\nSmaller Scale\nE-commerce is a \"cut-throat\" business, where scale is your friend. GameStop is seeking an e-commerce model that will pit it against much larger competitors such as Amazon (AMZN), Walmart (WMT), and Target (TGT). These companies have significantly higher scale than GameStop, including larger revenues (and balance sheets).\nIn a retail space where the product is commoditized (gaming hardware/software is the same regardless of where you buy from unless a developer partnership is in place), there is not room for much mark-up and the larger players can take more \"pain\" to take/protect market share.\nProduct Mix\nAnother concern I have with GameStop is the company's product mix moving forward. Game distribution continues to move increasingly digital, and is a trend that I don't see reversing. It's simply far too convenient for gamers because they can buy/pre-order a game, and it can be downloaded relatively quickly thanks to faster internet speeds available today.\nThis has been reinforced by console makers. The Xbox Series S lacks a disc drive, and the PlayStation 5 also offers a variant that does not include a disc drive.\nGameStop knows that software sales are in secular decline, and has indicated an intention to focus on hardware and accessories including:\n\nComputers\nMonitors\nGame Tables\nMobile Gaming\nGaming TVs\n\nThe problem for GameStop, is that these declining software sales carried the highest margins for the company.\nFrom GameStop's 2020Q4 earnings call:\n\n\"From a product margin standpoint, overall gross margins were 21.1%, down 610 basis points from our more software-led 27.2% gross margin in the fiscal fourth quarter last year. The decline was driven by an expected increase in mix of lower margin hardware sales, a continued increase in industry-wide freight costs, credit card processing fees driven by our higher penetration of e-commerce sales, and a broader promotional stance.\"\n\nSo GameStop is pivoting to lower margin, higher cost items - probably because it knows it has to. This isn't to say that GameStop can't pull it off, but the conflict is quite obvious.\nGameStop Needs To Repair Its Brand Image\nPerhaps the largest question mark I have about GameStop - even more than the economics of its future business model, is the company's branding. GameStop talks about being this gamer-centric, customer driven model that consumers love.\nHowever, this doesn't seem to be the current state of GameStop's brand. The company has been poked fun at on the internet for its \"low-ball\" offers on gamer trade-ins.\nGameStop also possesses a NPS (net promoter score) of -6according to Comparably. As a gamer myself, I had a \"bad taste\" in my mouth when sourcing my Xbox Series X. GameStop often tied its inventory of next-generation consoles to large expansive bundles that included high margin games and accessories that many consumers didn't want. If GameStop expects to become a modernized \"go-to\" shopping experience for gamers, they have work to do in the brand power department.\nThe Long Path To Profitability Is Too Large A Risk\nGameStop can certainly address these concerns over time. The company's recent equity raise if anything, buys them time to try and execute this transition. This is also asking investors in GameStop to take on risk. While shares of GameStop have pulled back considerably, the stock still trades at $143 per share, multiples of what it did as recently as the beginning of the year.\nsource: YCharts\nThe company is not a growth stock, and therefore should be valued on earnings. But GameStop is losing money, and will not turn a profit anytime soon. Analysts see the company steadily getting closer to break even, breaking that barrier in FY2024 (three years from now).\nsource: Seeking Alpha\nBut if GameStop achieves 2024 estimates of earning $1.35 per share, that means that the stock's current valuation is a whopping 106X 2024 earnings(!). Investing is about risk and reward, and I can't make the case to pay that valuation. Investors have to essentially give up the opportunity cost of investing elsewhere over this time frame, hope that GameStop can execute successfully, and then wait longer for the business to grow into its valuation over a 5+ year time horizon. Frankly, it seems silly.\nWrapping Up\nWhen you put all of this together, GameStop offers a terrible risk/reward to investors. In a worst case scenario, GameStop fails to execute its e-commerce model and goes out of business. In a best case scenario, investors will wait years to justify the current valuation. When the outcome is lose/lose, I would rather not play at all.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105524656,"gmtCreate":1620312133975,"gmtModify":1634206154060,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"😱😱😱","listText":"😱😱😱","text":"😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105524656","repostId":"2133387578","repostType":4,"repost":{"id":"2133387578","kind":"highlight","pubTimestamp":1620296700,"share":"https://www.laohu8.com/m/news/2133387578?lang=&edition=full","pubTime":"2021-05-06 18:25","market":"us","language":"en","title":"Think Stocks Will Crash in May? Do These 4 Things Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2133387578","media":"Motley Fool","summary":"Stock market downturns can be daunting. Here's what you need to do to prepare.","content":"<p>When will the stock market crash? That's the big question on many investors' minds at a time when stocks are, across the board, pretty overvalued. In fact, if the stock market doesn't tank completely in the near term, investors should at the very least begin bracing for a correction, where stock values drop 10% or more.</p>\n<p>Of course, the idea of a stock market crash can be very scary, especially if you're a newer investor and you haven't experienced <a href=\"https://laohu8.com/S/AONE\">one</a> before. But rather than allow yourself to get spooked, you're better off taking action. Here are a few crucial moves to make if you're worried that May is when the stock market will finally take a major turn for the worse.</p>\n<h2>1. Pad your emergency savings</h2>\n<p>What does the amount of money you have in the bank have to do with your stock portfolio? A lot, actually. If you secure your emergency fund so you have ample cash to cover unplanned expenses, you won't have to tap your investments out of desperation. That could, in turn, prevent you from needing to liquidate stocks at a time when their value has dropped substantially.</p>\n<h2>2. Diversify</h2>\n<p>A diverse portfolio could help you ride out a stock market crash, so if you're heavily invested in <a href=\"https://laohu8.com/S/AONE.U\">one</a> or two market segments right now, take the opportunity to branch out -- before things take a turn for the worse. Diversifying could simply mean buying stocks in sectors you're not currently invested in. Or you could load up on some index funds or exchange-traded funds (ETFs) that give you access to the broader market. For example, if you invest in an <b>S&P 500</b> index fund or ETF, you'll effectively be putting money into the 500 largest publicly traded companies on the market. It doesn't get much more diverse than that.</p>\n<h2>3. Add dividend stocks to your portfolio</h2>\n<p>Companies that pay dividends tend to do so even when stock values are down. And that's a good way to hedge your bets. If your portfolio takes a hit, you can offset those losses with incoming dividend payments, and that's money you'll have the option to cash out and use as needed or reinvest.</p>\n<h2>4. Stockpile some cash</h2>\n<p>Market crashes tend to spell opportunity, and so it's important to have cash at the ready for when stocks go on sale. While your first priority should be to shore up your emergency fund, if you're also able to divert some extra cash to your brokerage account, you'll put yourself in a great position to pounce while stocks are temporarily discounted.</p>\n<p>Even if you're a seasoned investor who follows the market closely, you probably won't be able to predict exactly when the stock market will crash next. While a May crash is certainly possible, it's also certainly not a given. But rather than spin your wheels trying to determine when that crash is coming, you should instead focus your energy on checking off the boxes above. That way, you'll really be ready for whatever is ahead.</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>Think Stocks Will Crash in May? Do These 4 Things Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ 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\">\nThink Stocks Will Crash in May? Do These 4 Things Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 18:25 GMT+8 <a href=https://www.fool.com/investing/2021/05/06/think-stocks-will-crash-in-may-do-these-4-things-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When will the stock market crash? That's the big question on many investors' minds at a time when stocks are, across the board, pretty overvalued. In fact, if the stock market doesn't tank completely ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/06/think-stocks-will-crash-in-may-do-these-4-things-n/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/06/think-stocks-will-crash-in-may-do-these-4-things-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133387578","content_text":"When will the stock market crash? That's the big question on many investors' minds at a time when stocks are, across the board, pretty overvalued. In fact, if the stock market doesn't tank completely in the near term, investors should at the very least begin bracing for a correction, where stock values drop 10% or more.\nOf course, the idea of a stock market crash can be very scary, especially if you're a newer investor and you haven't experienced one before. But rather than allow yourself to get spooked, you're better off taking action. Here are a few crucial moves to make if you're worried that May is when the stock market will finally take a major turn for the worse.\n1. Pad your emergency savings\nWhat does the amount of money you have in the bank have to do with your stock portfolio? A lot, actually. If you secure your emergency fund so you have ample cash to cover unplanned expenses, you won't have to tap your investments out of desperation. That could, in turn, prevent you from needing to liquidate stocks at a time when their value has dropped substantially.\n2. Diversify\nA diverse portfolio could help you ride out a stock market crash, so if you're heavily invested in one or two market segments right now, take the opportunity to branch out -- before things take a turn for the worse. Diversifying could simply mean buying stocks in sectors you're not currently invested in. Or you could load up on some index funds or exchange-traded funds (ETFs) that give you access to the broader market. For example, if you invest in an S&P 500 index fund or ETF, you'll effectively be putting money into the 500 largest publicly traded companies on the market. It doesn't get much more diverse than that.\n3. Add dividend stocks to your portfolio\nCompanies that pay dividends tend to do so even when stock values are down. And that's a good way to hedge your bets. If your portfolio takes a hit, you can offset those losses with incoming dividend payments, and that's money you'll have the option to cash out and use as needed or reinvest.\n4. Stockpile some cash\nMarket crashes tend to spell opportunity, and so it's important to have cash at the ready for when stocks go on sale. While your first priority should be to shore up your emergency fund, if you're also able to divert some extra cash to your brokerage account, you'll put yourself in a great position to pounce while stocks are temporarily discounted.\nEven if you're a seasoned investor who follows the market closely, you probably won't be able to predict exactly when the stock market will crash next. While a May crash is certainly possible, it's also certainly not a given. But rather than spin your wheels trying to determine when that crash is coming, you should instead focus your energy on checking off the boxes above. That way, you'll really be ready for whatever is ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103445743,"gmtCreate":1619812819882,"gmtModify":1634209782156,"author":{"id":"3582724507259381","authorId":"3582724507259381","name":"eatsleepvtec","avatar":"https://static.tigerbbs.com/0dfa8350e2102cf6e4e35bac6eb7155d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582724507259381","authorIdStr":"3582724507259381"},"themes":[],"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103445743","repostId":"1141258080","repostType":4,"repost":{"id":"1141258080","kind":"news","pubTimestamp":1619794455,"share":"https://www.laohu8.com/m/news/1141258080?lang=&edition=full","pubTime":"2021-04-30 22:54","market":"us","language":"en","title":"Berkshire's annual meeting is Saturday with Buffett and Munger together again, shares at a record","url":"https://stock-news.laohu8.com/highlight/detail?id=1141258080","media":"CNBC","summary":"Warren Buffettwill kick offBerkshire Hathaway’s annual shareholder meeting this Saturday riding high","content":"<div>\n<p>Warren Buffettwill kick offBerkshire Hathaway’s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its myriad of operating businesses and equity ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/berkshires-annual-meeting-is-saturday-with-buffett-and-munger-together-again-shares-at-a-record.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire's annual meeting is Saturday with Buffett and Munger together again, shares at a record</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\">\nBerkshire's annual meeting is Saturday with Buffett and Munger together again, shares at a record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 22:54 GMT+8 <a href=https://www.cnbc.com/2021/04/30/berkshires-annual-meeting-is-saturday-with-buffett-and-munger-together-again-shares-at-a-record.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffettwill kick offBerkshire Hathaway’s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its myriad of operating businesses and equity ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/berkshires-annual-meeting-is-saturday-with-buffett-and-munger-together-again-shares-at-a-record.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.cnbc.com/2021/04/30/berkshires-annual-meeting-is-saturday-with-buffett-and-munger-together-again-shares-at-a-record.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1141258080","content_text":"Warren Buffettwill kick offBerkshire Hathaway’s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its myriad of operating businesses and equity investments primed to benefit from the U.S. economy reopening from the pandemic.The event will be held virtually without attendees for a second time because of Covid-19. This year, however, the 90-year-old Buffett is taking the meeting to Los Angeles so he can be by 97-year-old Berkshire Vice Chairman Charlie Munger’s side once again. Munger resides in Los Angeles and missed the last annual meeting due to travel restrictions. It will be the first time that the annual meeting will take place outside of Omaha, Nebraska.While “Woodstock for Capitalists” will be missing the capitalists once again, the tone of the meeting may more likely resemble the meetings of old with shareholders clamoring for Buffett’s outlook on the world following an unprecedented year and the Oracle more likely to oblige after holding back last year with the country just starting its fight through the deadly and uncertain pandemic.“I hope there would be a pretty sharp contrast in the overall demeanor of the folks at Berkshire,” said Cathy Seifert, a Berkshire analyst at CFRA Research. “Last year, there was a degree of an alarm just because this was an event that was very difficult to price. It was kind of written all over his face. This annual meeting, the tone from an underlying operational perspective should be more relaxed.”(You can view last year’s annual meeting and the others at theWarren Buffett Archive.)Berkshire’s other vice chairmen, Ajit Jain and Greg Abel, will be on hand to answer the three-and-a-half hours of questions as well.Berkshire’s B shareswere up more than 1% on the week, bringing their return in the last 12 months to more than 47%.Among the big topics shareholders will want answers on:Airlines:His thoughts on the industry after revealing at last year’s meeting he sold his entire stake (with the shares then subsequently roaring back).Deploying the $138 billion cash pile:Why he’s been buying back a record amount of Berkshire’s stock instead of making one large acquisition and what his plan is going forward.Market outlook:His thought’s on the stock market’s overall valuation following the pandemic comebackBubbles?:Cryptocurrencies and the other possible market manias that have popped up amid the huge rush of retail investors into marketsLife after Buffett and Munger:Berkshire’s succession planDumped airlinesAt the last annual meeting, Buffett revealed that Berkshiresold the entirety of its equity positionin the U.S. airline industry, includingstakes in United, American, Southwest and Delta Air Lines, worth north of $4 billion.“The world has changed for the airlines. And I don’t know how it’s changed and I hope it corrects itself in a reasonably prompt way,” Buffett said at the time. “I don’t know if Americans have now changed their habits or will change their habits because of the extended period.”The sale conveyed a pessimistic view on the industry from the legendary buy-and-hold investor. Many Buffett watchers were left disappointed, however, as shares of those carriers soon embarked on an epic rebound, rallying triple digits from 2020 lows. Even president Donald Trump weighed in on the trade back then, saying that Buffett has been right “his whole life,” butmade a mistake selling airlines.“He might acknowledge that the velocity of this recovery was greater than anticipated,” said Seifert. “The airline disposal may have been a function of their belief that what’s going on in the airline industry may be secular and not cyclical. That’s the one fine distinction that investors may want him to make.”While airline stocks have rebounded drastically over the past year, many argue that the industry may have indeed changed fundamentally due to the economic fallout and the road to a full recovery remains bumpy.United Airlines said this month thatbusiness and international travel recovery is still far off even as the economy continues to reopen.“He may still be right about the airline industry with travel coming back slowly and there being too many planes,” said James Shanahan, a Berkshire analyst at Edward Jones. “Arguably he could still be right about that, but he’s certainly wrong on the stocks.”New stock movesBerkshire bought back arecord of $24.7 billion in its own shares last year, while Buffett also did some bargain-hunting amid the market comeback with sizable positions in big dividend payers ChevronandVerizon.Applewas still the conglomerate’s biggest common stock investment as of the end of 2020. Buffett’s conglomerate also appeared to dial back its exposure to financials. Berkshire exited itsJPMorganandPNC positionat the end of last year, while cutting theWells Fargostake was cut by nearly 60%.“When you think about the legacy of Berkshire Hathaway and all the operating businesses, including railroads, manufacturing, retail, utilities, it’s all old economy type companies,” Shanahan said. “The way the portfolio is comprised now after the selling of airline stocks and selling of the financial stocks, together with huge performance in Apple, it looks a lot more new economy now.”Shanahan estimated that Berkshire bought back another $5 billion of its own shares in the first quarter according to proxy filings.‘Elephant-sized’ deal?The conglomerate was still sitting on a huge cash war chest with more than $138 billion at the end of 2020. Buffett has yet to make the “elephant-sized acquisition” he’s been touting for years. At last year’s meeting, the legendary investor gave a simple reason for his inaction.“We have not done anything because we haven’t seen anything that attractive,” Buffett said. “We are not doing anything big, obviously. We are willing to do something very big. I mean you could come to me on Monday morning with something that involved $30, or $40 billion or $50 billion. And if we really like what we are seeing, we would do it.”The deal-making environment has only become all the more competitive over the past year with the meteoric rise of SPACs, or special purpose acquisition companies. More than 500 blank-check deals with over $138 billion funds are seeking their target companies currently, according to SPAC Research.“This is a significant company with a significant cash position. Investors have the right to know what they intend to deploy the cash,” Seifert said. “They are entitled to have more than just an excuse. Investors are going to start to grow a bit weary if it’s just the same old story. But the stock has recovered nicely, so they are not going to be grumbling too much.”SuccessionWhen it comes to a concrete succession plan, shareholders might not get much more from Buffett and Munger even though they are now both nonagenarians.Abel, vice chairman of noninsurance operations at Berkshire, is seen as a top contender as Buffett’s successor.“I do not expect him to talk about succession in any more detail than he already had,” Shanahan said. “Elevating the status of Abel and Jain to the roles of vice chairmen and having them available and participating in annual meeting speaks volume. I don’t think he necessarily has to say more than that.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}