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2021-07-26

Nice

Netflix Opens a New Front in the Streaming War. How Games Can Boost the Stock.

2021-07-24

$HKBN(01310)$📈📈📈

2021-07-06

Drop more

抱歉，原内容已删除

2021-07-06

$Alibaba(BABA)$Up up here we go.

2021-07-06

Time to buy

2021-07-06

👍🏻

Stocks are flat to start the week with S&P 500 at a record

2021-07-06

👍🏻

Bank stocks have gotten slammed, but Goldman says it's a perfect time to buy

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How Games Can Boost the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1148842869","media":"Barrons","summary":"Almost ignored amid last week’s torrent of earnings news was confirmation from Netflix that the stre","content":"<p>Almost ignored amid last week’s torrent of earnings news was confirmation from Netflix that the streaming video service plans to jump into mobile gaming. Investors largely shrugged off the low-key announcement, focusing instead on another quarter of disappointing subscriber-growth guidance. But the move has the potential to shake up the nascent streaming gaming market—and to resolve some of the biggest concerns about the future of Netflix.</p>\n<p>The news came at the bottom of the fourth page of the Netflix (ticker: NFLX) June-quarter letter to shareholders, with juicier details disclosed by Chief Product Officer Greg Peters on the company’s quarterly earnings Q&amp;A (which, weirdly enough, it conducts via live video streamed on...YouTube). Peters said that&nbsp;Netflix views gaming as just another content category, like movies or TV shows. Netflix will target games for mobile phones, rather than TV, which makes sense; as Peters says, almost all of their customers have game-capable smartphones. (And playing a game on a connected TV poses obvious logistical challenges—a Roku remote would not make a good game controller.)</p>\n<p>The kicker is that Netflix is not going to charge anything extra for games, and it isn’t going to include in-game ads or in-game purchases, either. This, in short, is a revenue-free upgrade. At least on the surface.</p>\n<p>CEO Reed Hastings said on the call that Netflix remains a one-product company. Yes, it has opened a merch store, and sure, it is pursuing product-licensing deals for some programming, but Hastings sees all of that simply as a way to get people to watch more video, so they’ll stay loyal to the service, which would hold down churn. That’s how he thinks about gaming, too: There won’t directly be additional revenue, but it should make a Netflix membership more valuable to consumers.</p>\n<p>That decision has ramifications for other players in gaming. If Netflix can create or license compelling games, the revenue-free business model would pose a challenge to nascent streaming gaming services from&nbsp;Amazon.com(AMZN),Alphabet(GOOGL),Apple(AAPL), and others. Other services are priced at $5 to $10 a month. And almost every popular mobile game in the Apple and Android app stores has an obvious revenue model; buy the game, see ads, or purchase upgrades. The Netflix model should offer&nbsp;a better experience, in the same way that the subscription video experience is better than ad-littered linear TV.</p>\n<p>Meanwhile, Netflix posted June- quarter results that were largely in line with its own guidance and Street estimates. Net new subscriber gains of 1.5 million were a bit better than the one million that Netflix had projected. The company forecasts 3.5 million subscriber adds in the September quarter, about two million below the Street’s old forecast. There are plenty of reasons for the slower growth: the “pull forward” effect of huge subscriber gains during the pandemic; a weak first-half content slate, hampered by last year’s Covid-related restrictions on new film and TV production, and recent price hikes in some markets. Also, some Netflix bears think that the company has been hurt by intensifying competition from HBO Max, Disney+, and other streaming services, although, on the call, Hastings denied that is true.</p>\n<p>In a research note, Evercore ISI analyst Mark Mahaney declared the quarter to be a “clearing event,” setting the stage for a rebound in both fundamentals and shares. His view: Year-over-year comparisons with the Covid period will ease, production challenges will fade, the content slate will get richer in the second half, and subscriber growth should accelerate. He believes that the stock “should surge” from here.</p>\n<p>Taking the long view, Mahaney thinks the Netflix subscriber count can reach 500 million by 2030, from a little over 200 million now. At that point, he says, Netflix should generate close to $80 a share in profits, up from an expected $10 and change this year. That implies nearly 30% annual growth on a compounded basis. The year 2030 admittedly is a long way out. But he sees profits of close to $30 a share by 2025. If Netflix stays on track, he says the stock in 2024 could trade for 30 to 35 times that level, down from a 40 multiple on forward earnings, indicating that the stock could double. As he notes, that would be a very good return, indeed.</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>Netflix Opens a New Front in the Streaming War. 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How Games Can Boost the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 15:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/netflix-games-streaming-war-stock-51627076513?mod=hp_DAY_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Almost ignored amid last week’s torrent of earnings news was confirmation from Netflix that the streaming video service plans to jump into mobile gaming. Investors largely shrugged off the low-key ...</p>\n\n<a href=\"https://www.barrons.com/articles/netflix-games-streaming-war-stock-51627076513?mod=hp_DAY_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.barrons.com/articles/netflix-games-streaming-war-stock-51627076513?mod=hp_DAY_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148842869","content_text":"Almost ignored amid last week’s torrent of earnings news was confirmation from Netflix that the streaming video service plans to jump into mobile gaming. Investors largely shrugged off the low-key announcement, focusing instead on another quarter of disappointing subscriber-growth guidance. But the move has the potential to shake up the nascent streaming gaming market—and to resolve some of the biggest concerns about the future of Netflix.\nThe news came at the bottom of the fourth page of the Netflix (ticker: NFLX) June-quarter letter to shareholders, with juicier details disclosed by Chief Product Officer Greg Peters on the company’s quarterly earnings Q&A (which, weirdly enough, it conducts via live video streamed on...YouTube). Peters said that Netflix views gaming as just another content category, like movies or TV shows. Netflix will target games for mobile phones, rather than TV, which makes sense; as Peters says, almost all of their customers have game-capable smartphones. (And playing a game on a connected TV poses obvious logistical challenges—a Roku remote would not make a good game controller.)\nThe kicker is that Netflix is not going to charge anything extra for games, and it isn’t going to include in-game ads or in-game purchases, either. This, in short, is a revenue-free upgrade. At least on the surface.\nCEO Reed Hastings said on the call that Netflix remains a one-product company. Yes, it has opened a merch store, and sure, it is pursuing product-licensing deals for some programming, but Hastings sees all of that simply as a way to get people to watch more video, so they’ll stay loyal to the service, which would hold down churn. That’s how he thinks about gaming, too: There won’t directly be additional revenue, but it should make a Netflix membership more valuable to consumers.\nThat decision has ramifications for other players in gaming. If Netflix can create or license compelling games, the revenue-free business model would pose a challenge to nascent streaming gaming services from Amazon.com(AMZN),Alphabet(GOOGL),Apple(AAPL), and others. Other services are priced at $5 to $10 a month. And almost every popular mobile game in the Apple and Android app stores has an obvious revenue model; buy the game, see ads, or purchase upgrades. The Netflix model should offer a better experience, in the same way that the subscription video experience is better than ad-littered linear TV.\nMeanwhile, Netflix posted June- quarter results that were largely in line with its own guidance and Street estimates. Net new subscriber gains of 1.5 million were a bit better than the one million that Netflix had projected. The company forecasts 3.5 million subscriber adds in the September quarter, about two million below the Street’s old forecast. There are plenty of reasons for the slower growth: the “pull forward” effect of huge subscriber gains during the pandemic; a weak first-half content slate, hampered by last year’s Covid-related restrictions on new film and TV production, and recent price hikes in some markets. Also, some Netflix bears think that the company has been hurt by intensifying competition from HBO Max, Disney+, and other streaming services, although, on the call, Hastings denied that is true.\nIn a research note, Evercore ISI analyst Mark Mahaney declared the quarter to be a “clearing event,” setting the stage for a rebound in both fundamentals and shares. His view: Year-over-year comparisons with the Covid period will ease, production challenges will fade, the content slate will get richer in the second half, and subscriber growth should accelerate. He believes that the stock “should surge” from here.\nTaking the long view, Mahaney thinks the Netflix subscriber count can reach 500 million by 2030, from a little over 200 million now. At that point, he says, Netflix should generate close to $80 a share in profits, up from an expected $10 and change this year. That implies nearly 30% annual growth on a compounded basis. The year 2030 admittedly is a long way out. But he sees profits of close to $30 a share by 2025. If Netflix stays on track, he says the stock in 2024 could trade for 30 to 35 times that level, down from a 40 multiple on forward earnings, indicating that the stock could double. As he notes, that would be a very good return, indeed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174273045,"gmtCreate":1627106339887,"gmtModify":1631892208126,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632494795301","authorIdStr":"3585632494795301"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01310\">$HKBN(01310)$</a>📈📈📈","listText":"<a href=\"https://laohu8.com/S/01310\">$HKBN(01310)$</a>📈📈📈","text":"$HKBN(01310)$📈📈📈","images":[{"img":"https://static.tigerbbs.com/a58ed0f01ae5c5de6a33994e7091a73e","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174273045","isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157217175,"gmtCreate":1625583319597,"gmtModify":1633939351236,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632494795301","authorIdStr":"3585632494795301"},"themes":[],"htmlText":"Drop more","listText":"Drop more","text":"Drop more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157217175","repostId":"1142505116","repostType":2,"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157215480,"gmtCreate":1625583279340,"gmtModify":1633939351925,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632494795301","authorIdStr":"3585632494795301"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Up up here we go.","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Up up here we go.","text":"$Alibaba(BABA)$Up up here we go.","images":[{"img":"https://static.tigerbbs.com/fe6885ca1418e85cef7e62c176fa01e8","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157215480","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157212701,"gmtCreate":1625583240103,"gmtModify":1631885482266,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632494795301","authorIdStr":"3585632494795301"},"themes":[],"htmlText":"Time to buy","listText":"Time to buy","text":"Time to buy","images":[{"img":"https://static.tigerbbs.com/ff2da1d0dc5252a9f62845ee94588b82","width":"750","height":"2044"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157212701","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157212980,"gmtCreate":1625583203140,"gmtModify":1633939353009,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632494795301","authorIdStr":"3585632494795301"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/157212980","repostId":"1193945741","repostType":4,"repost":{"id":"1193945741","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":1625578287,"share":"https://www.laohu8.com/m/news/1193945741?lang=&edition=full","pubTime":"2021-07-06 21:31","market":"us","language":"en","title":"Stocks are flat to start the week with S&P 500 at a record","url":"https://stock-news.laohu8.com/highlight/detail?id=1193945741","media":"Tiger Newspress","summary":"Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the ","content":"<p>Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&amp;P 500 at a record high.</p>\n<p>The Dow Jones Industrial Average fell 10 points. The S&amp;P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.</p>\n<p>U.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.</p>\n<p>Amazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.</p>\n<p>West Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates&nbsp;rejected a proposal to extend oil production increase&nbsp;for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.</p>\n<p>Oil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.</p>\n<p>\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.</p>\n<p>The S&amp;P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.</p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.</p>\n<p>Still, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&amp;P 500 is up nearly 16% year to date.</p>\n<p>\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.</p>\n<p>\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"</p>\n<p>Wall Street's consensus year-end target for the S&amp;P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to&nbsp;the CNBC Market Strategist Survey&nbsp;that rounds up 16 top strategists' forecasts.</p>\n<p>Investors await the release of&nbsp;June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.</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>Stocks are flat to start the week with S&P 500 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\">\nStocks are flat to start the week with S&P 500 at a record\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\">2021-07-06 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&amp;P 500 at a record high.</p>\n<p>The Dow Jones Industrial Average fell 10 points. The S&amp;P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.</p>\n<p>U.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.</p>\n<p>Amazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.</p>\n<p>West Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates&nbsp;rejected a proposal to extend oil production increase&nbsp;for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.</p>\n<p>Oil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.</p>\n<p>\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.</p>\n<p>The S&amp;P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.</p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.</p>\n<p>Still, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&amp;P 500 is up nearly 16% year to date.</p>\n<p>\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.</p>\n<p>\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"</p>\n<p>Wall Street's consensus year-end target for the S&amp;P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to&nbsp;the CNBC Market Strategist Survey&nbsp;that rounds up 16 top strategists' forecasts.</p>\n<p>Investors await the release of&nbsp;June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193945741","content_text":"Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nThe Dow Jones Industrial Average fell 10 points. The S&P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.\nU.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.\nAmazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.\nWest Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates rejected a proposal to extend oil production increase for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.\nOil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.\n\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.\nThe S&P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.\nThe economy added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.\nStill, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&P 500 is up nearly 16% year to date.\n\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.\n\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"\nWall Street's consensus year-end target for the S&P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to the CNBC Market Strategist Survey that rounds up 16 top strategists' forecasts.\nInvestors await the release of June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157218233,"gmtCreate":1625583131022,"gmtModify":1633939354361,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632494795301","authorIdStr":"3585632494795301"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157218233","repostId":"2149368191","repostType":4,"repost":{"id":"2149368191","pubTimestamp":1625580919,"share":"https://www.laohu8.com/m/news/2149368191?lang=&edition=full","pubTime":"2021-07-06 22:15","market":"us","language":"en","title":"Bank stocks have gotten slammed, but Goldman says it's a perfect time to buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2149368191","media":"Yahoo Finance","summary":"Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike on a select few bank names, according to Goldman Sachs.\"We continue to see further upside to the group, given:  the improving outlook for economic growth should result in both higher interest rate and loan growth optionality being priced into bank stocks; and  the June rotation out of value back into","content":"<p>Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike on a select few bank names, according to Goldman Sachs.</p>\n<p>\"We continue to see further upside to the group, given: (1) the improving outlook for economic growth should result in both higher interest rate and loan growth optionality being priced into bank stocks; and (2) the June rotation out of value back into growth brought bank valuations to a more manageable level,\" said Goldman Sachs bank analyst Richard Ramsden in a new research note Tuesday.</p>\n<p>Banks stocks are trading on a forward price to earnings multiple of 12.5x, per Ramsden's research, a greater relative discount to the S&amp;P 500 than historically. Ramsden estimates that bank stocks have 34% average upside based on his bull case scenario for 2022 earnings.</p>\n<p>However, all bank stocks are not worth investors salivating over right now, Ramsden cautions.</p>\n<p>Ramsden is bullish on <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and PNC into their respective second quarter earnings reports. For Morgan Stanley, Ramsden believes the market isn't properly valuing a strong capital markets backdrop and how the white-glove investment bank is benefiting. PNC is seen prospering from its recent acquisition of BBVA USA Bancshares.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-images/2019-07/793a6b50-a6f9-11e9-9ef5-94e5d8c9d803\" tg-width=\"5818\" tg-height=\"3878\"><span>FILE - In this Feb. 8, 2019, file photo the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. On Monday, July 15, 2019, $Citigroup Inc(C-N)$. reports financial results. (AP Photo/Richard Drew, File)ASSOCIATED PRESS</span></p>\n<p>The analyst is most bearish on Citigroup near-term, citing the prospects from weaker than expected revenue and higher than anticipated expenses.</p>\n<p>Goldman's call arrives as bank stocks have taken a pause in recent weeks as investors fret about the downtrending 10-year Treasury yield. Traders have also lacked a bullish catalyst in the wake of generally impressive capital return plans following the passing of the Fed stress tests.</p>\n<p>The Invesco KBW Bank ETF has shed 6.5% over the past month, compared to a 3% gain for the S&amp;P 500. Among the largest bulge bracket firms (Goldman Sachs, Morgan Stanley, J.P. Morgan, Citigroup, Wells Fargo), Citigroup shares have fared the worst in the sector's month long pullback — its stock is down 11.5%.</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>Bank stocks have gotten slammed, but Goldman says it's a perfect time to buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank stocks have gotten slammed, but Goldman says it's a perfect time to buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 22:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bank-stocks-have-gotten-slammed-but-heres-why-goldman-says-its-a-perfect-time-to-buy-130519172.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bank-stocks-have-gotten-slammed-but-heres-why-goldman-says-its-a-perfect-time-to-buy-130519172.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利","SF":"Stifel Financial Corp","WFC":"富国银行","BAC":"美国银行","PNC":"PNC金融","GS":"高盛","RF":"地区金融","C":"花旗","JPM":"摩根大通"},"source_url":"https://finance.yahoo.com/news/bank-stocks-have-gotten-slammed-but-heres-why-goldman-says-its-a-perfect-time-to-buy-130519172.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149368191","content_text":"Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike on a select few bank names, according to Goldman Sachs.\n\"We continue to see further upside to the group, given: (1) the improving outlook for economic growth should result in both higher interest rate and loan growth optionality being priced into bank stocks; and (2) the June rotation out of value back into growth brought bank valuations to a more manageable level,\" said Goldman Sachs bank analyst Richard Ramsden in a new research note Tuesday.\nBanks stocks are trading on a forward price to earnings multiple of 12.5x, per Ramsden's research, a greater relative discount to the S&P 500 than historically. Ramsden estimates that bank stocks have 34% average upside based on his bull case scenario for 2022 earnings.\nHowever, all bank stocks are not worth investors salivating over right now, Ramsden cautions.\nRamsden is bullish on Morgan Stanley and PNC into their respective second quarter earnings reports. For Morgan Stanley, Ramsden believes the market isn't properly valuing a strong capital markets backdrop and how the white-glove investment bank is benefiting. PNC is seen prospering from its recent acquisition of BBVA USA Bancshares.\nFILE - In this Feb. 8, 2019, file photo the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. On Monday, July 15, 2019, $Citigroup Inc(C-N)$. reports financial results. (AP Photo/Richard Drew, File)ASSOCIATED PRESS\nThe analyst is most bearish on Citigroup near-term, citing the prospects from weaker than expected revenue and higher than anticipated expenses.\nGoldman's call arrives as bank stocks have taken a pause in recent weeks as investors fret about the downtrending 10-year Treasury yield. Traders have also lacked a bullish catalyst in the wake of generally impressive capital return plans following the passing of the Fed stress tests.\nThe Invesco KBW Bank ETF has shed 6.5% over the past month, compared to a 3% gain for the S&P 500. Among the largest bulge bracket firms (Goldman Sachs, Morgan Stanley, J.P. Morgan, Citigroup, Wells Fargo), Citigroup shares have fared the worst in the sector's month long pullback — its stock is down 11.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":157215480,"gmtCreate":1625583279340,"gmtModify":1633939351925,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585632494795301","idStr":"3585632494795301"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Up up here we go.","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Up up here we go.","text":"$Alibaba(BABA)$Up up here we 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buy","images":[{"img":"https://static.tigerbbs.com/ff2da1d0dc5252a9f62845ee94588b82","width":"750","height":"2044"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157212701","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157218233,"gmtCreate":1625583131022,"gmtModify":1633939354361,"author":{"id":"3585632494795301","authorId":"3585632494795301","name":"Raphael91","avatar":"https://static.tigerbbs.com/828528f5393c74ac616ca01e43320a34","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585632494795301","idStr":"3585632494795301"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157218233","repostId":"2149368191","repostType":4,"repost":{"id":"2149368191","pubTimestamp":1625580919,"share":"https://www.laohu8.com/m/news/2149368191?lang=&edition=full","pubTime":"2021-07-06 22:15","market":"us","language":"en","title":"Bank stocks have gotten slammed, but Goldman says it's a perfect time to buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2149368191","media":"Yahoo Finance","summary":"Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike on a select few bank names, according to Goldman Sachs.\"We continue to see further upside to the group, given:  the improving outlook for economic growth should result in both higher interest rate and loan growth optionality being priced into bank stocks; and  the June rotation out of value back into","content":"<p>Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike on a select few bank names, according to Goldman Sachs.</p>\n<p>\"We continue to see further upside to the group, given: (1) the improving outlook for economic growth should result in both higher interest rate and loan growth optionality being priced into bank stocks; and (2) the June rotation out of value back into growth brought bank valuations to a more manageable level,\" said Goldman Sachs bank analyst Richard Ramsden in a new research note Tuesday.</p>\n<p>Banks stocks are trading on a forward price to earnings multiple of 12.5x, per Ramsden's research, a greater relative discount to the S&amp;P 500 than historically. Ramsden estimates that bank stocks have 34% average upside based on his bull case scenario for 2022 earnings.</p>\n<p>However, all bank stocks are not worth investors salivating over right now, Ramsden cautions.</p>\n<p>Ramsden is bullish on <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and PNC into their respective second quarter earnings reports. For Morgan Stanley, Ramsden believes the market isn't properly valuing a strong capital markets backdrop and how the white-glove investment bank is benefiting. PNC is seen prospering from its recent acquisition of BBVA USA Bancshares.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-images/2019-07/793a6b50-a6f9-11e9-9ef5-94e5d8c9d803\" tg-width=\"5818\" tg-height=\"3878\"><span>FILE - In this Feb. 8, 2019, file photo the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. On Monday, July 15, 2019, $Citigroup Inc(C-N)$. reports financial results. (AP Photo/Richard Drew, File)ASSOCIATED PRESS</span></p>\n<p>The analyst is most bearish on Citigroup near-term, citing the prospects from weaker than expected revenue and higher than anticipated expenses.</p>\n<p>Goldman's call arrives as bank stocks have taken a pause in recent weeks as investors fret about the downtrending 10-year Treasury yield. Traders have also lacked a bullish catalyst in the wake of generally impressive capital return plans following the passing of the Fed stress tests.</p>\n<p>The Invesco KBW Bank ETF has shed 6.5% over the past month, compared to a 3% gain for the S&amp;P 500. Among the largest bulge bracket firms (Goldman Sachs, Morgan Stanley, J.P. Morgan, Citigroup, Wells Fargo), Citigroup shares have fared the worst in the sector's month long pullback — its stock is down 11.5%.</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>Bank stocks have gotten slammed, but Goldman says it's a perfect time to buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank stocks have gotten slammed, but Goldman says it's a perfect time to buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 22:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bank-stocks-have-gotten-slammed-but-heres-why-goldman-says-its-a-perfect-time-to-buy-130519172.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bank-stocks-have-gotten-slammed-but-heres-why-goldman-says-its-a-perfect-time-to-buy-130519172.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利","SF":"Stifel Financial Corp","WFC":"富国银行","BAC":"美国银行","PNC":"PNC金融","GS":"高盛","RF":"地区金融","C":"花旗","JPM":"摩根大通"},"source_url":"https://finance.yahoo.com/news/bank-stocks-have-gotten-slammed-but-heres-why-goldman-says-its-a-perfect-time-to-buy-130519172.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149368191","content_text":"Bank stocks have taken a dive lately as investors assume a wait-and-see approach ahead of second quarter earnings from the space coming out soon. But the weakness may be the opportune time to strike on a select few bank names, according to Goldman Sachs.\n\"We continue to see further upside to the group, given: (1) the improving outlook for economic growth should result in both higher interest rate and loan growth optionality being priced into bank stocks; and (2) the June rotation out of value back into growth brought bank valuations to a more manageable level,\" said Goldman Sachs bank analyst Richard Ramsden in a new research note Tuesday.\nBanks stocks are trading on a forward price to earnings multiple of 12.5x, per Ramsden's research, a greater relative discount to the S&P 500 than historically. Ramsden estimates that bank stocks have 34% average upside based on his bull case scenario for 2022 earnings.\nHowever, all bank stocks are not worth investors salivating over right now, Ramsden cautions.\nRamsden is bullish on Morgan Stanley and PNC into their respective second quarter earnings reports. For Morgan Stanley, Ramsden believes the market isn't properly valuing a strong capital markets backdrop and how the white-glove investment bank is benefiting. PNC is seen prospering from its recent acquisition of BBVA USA Bancshares.\nFILE - In this Feb. 8, 2019, file photo the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. On Monday, July 15, 2019, $Citigroup Inc(C-N)$. reports financial results. (AP Photo/Richard Drew, File)ASSOCIATED PRESS\nThe analyst is most bearish on Citigroup near-term, citing the prospects from weaker than expected revenue and higher than anticipated expenses.\nGoldman's call arrives as bank stocks have taken a pause in recent weeks as investors fret about the downtrending 10-year Treasury yield. Traders have also lacked a bullish catalyst in the wake of generally impressive capital return plans following the passing of the Fed stress tests.\nThe Invesco KBW Bank ETF has shed 6.5% over the past month, compared to a 3% gain for the S&P 500. Among the largest bulge bracket firms (Goldman Sachs, Morgan Stanley, J.P. Morgan, Citigroup, Wells Fargo), Citigroup shares have fared the worst in the sector's month long pullback — its stock is down 11.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}