3 Hot Stocks Billionaires Can't Stop Buying_老虎社区_美港股上老虎

3 Hot Stocks Billionaires Can't Stop Buying

Motley Fool2021-11-23

It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

203

SamYYL
·2021-11-23
Good and like
回复
2
举报
Yunnn
·2021-11-23
Thanks for sharing
回复
4
举报
swat_sg
·2021-11-23
nice
回复
5
举报
收起
- JackTL:
  nice too
  2021-11-23
  回复
  举报
koolgal
·2021-11-23
I will check out Coupang, the Amazon of Korea and Macy. They seem promising. 🤔
回复
21
举报
收起
- koolgal回复WJ2:
  My pleasure
  2021-11-23
  回复
  举报
- koolgal:
  Yes. Thanks
  2021-11-23
  回复
  举报
- koolgal:
  Thanks
  2021-11-23
  回复
  举报
查看更多 2 条评论
ba2blcksheep
·2021-11-23
tkupls like meee hehhe
回复
7
举报
收起
- MorphyInc:
  Ok
  2021-11-23
  回复
  举报
33054288
·2021-11-23
Wow
回复
7
举报
收起
- WalkerWoon:
  Like me pls
  2021-11-23
  回复
  举报
zenith54
·2021-11-23
Well said 👏🏻
回复
3
举报
WilMic
·2021-11-23
Billionaire want to become the Real shareholder. Up or down doesn't matter for Billionaires. So long biz generate return for him. Trader look for profit not long term
回复
10
举报
收起
- HelloKitty55:
  ok
  2021-11-23
  回复
  举报
sc0tchb0nn3t
·2021-11-23
Somethings to look into
回复
3
举报
收起
- cutemiao:
  Yes
  2021-11-23
  回复
  举报
MHh
·2021-11-23
[Doubt]
回复
6
举报
LaiSB
·2021-11-23
Noted
回复
4
举报
收起
- starrys:
  noted as well
  2021-11-23
  回复
  举报
SaberTooth
·2021-11-23
pls like. thanks
回复
8
举报
收起
- JeremyKok:
  hi. please like and comment back. thank you.
  2021-11-24
  回复
  举报
- Tomxx:
  Ok
  2021-11-23
  回复
  举报
TradeMore
·2021-11-23
Ok
回复
4
举报
SaberTooth
·2021-11-23
pls like. thanks
回复
3
举报
NRN
·2021-11-23
🚀🚀
回复
5
举报
收起
- LaiSB:
  Rocket to the moon
  2021-11-23
  回复
  举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2185871418?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-11-23 11:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2185871418","market":"us","top_or_hot":-1,"title":"3 Hot Stocks Billionaires Can't Stop Buying","media":"Motley Fool","content":"<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">网页链接</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"M","symbol_name":"梅西百货","start_time":0,"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","article_id":"2185871418","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","pubTimestamp":1637636612,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Today, investors can buy two of the three at an even lower price.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"M":"梅西百货","CPNG":"Coupang, Inc.","TWTR":"Twitter","SNAP":"Snap Inc"},"translate_title":"3大热股亿万富翁买停不下来","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPNG":0.9,"M":0.9,"SNAP":0.9,"TWTR":0.9},"content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":875265737,"gmtCreate":1637659237317,"gmtModify":1637659237598,"author":{"id":"4089205014499330","authorId":"4089205014499330","name":"SamYYL","avatar":"https://static.tigerbbs.com/c38b79dfd54364065e7068bc7e80dc9f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good and like&nbsp;","listText":"Good and like&nbsp;","text":"Good and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875265737","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":875213002,"gmtCreate":1637656421093,"gmtModify":1637656421934,"author":{"id":"3580111995316077","authorId":"3580111995316077","name":"Yunnn","avatar":"https://static.tigerbbs.com/0a2607ef766002b15025acc3ca4462d8","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875213002","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":875664606,"gmtCreate":1637645118079,"gmtModify":1637645118187,"author":{"id":"4095569972564800","authorId":"4095569972564800","name":"swat_sg","avatar":"https://static.tigerbbs.com/b8d9139de63510faa3f91abf00834541","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875664606","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6690679,"gmtCreate":1637650579584,"gmtModify":1637650579679,"authorId":3581557493426416,"author":{"id":3581557493426416,"authorId":3581557493426416,"name":"JackTL","avatar":"https://static.tigerbbs.com/851801800e7dc3457e5e60048a987880","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875664606,"type":1,"supId":0,"prevId":0,"content":"nice too","text":"nice too","html":"nice too"}],"langContent":"CN"},{"id":875665512,"gmtCreate":1637645029383,"gmtModify":1637645029383,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"I will check out Coupang, the Amazon of Korea and Macy.&nbsp; They seem promising. 🤔","listText":"I will check out Coupang, the Amazon of Korea and Macy.&nbsp; They seem promising. 🤔","text":"I will check out Coupang, the Amazon of Korea and Macy. They seem promising. 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/875665512","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6691611,"gmtCreate":1637658411336,"gmtModify":1637658411336,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3585096301616437,"repliedAuthor":{"id":3585096301616437,"authorId":3585096301616437,"name":"WJ2","avatar":"https://static.tigerbbs.com/321728f2a96c9249d1e52afe191a5b7e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":875665512,"type":1,"supId":6690287,"prevId":6690852,"content":"My pleasure","text":"My pleasure","html":"My pleasure"},{"id":6691566,"gmtCreate":1637658215446,"gmtModify":1637658215446,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875665512,"type":1,"supId":6690597,"prevId":0,"content":"Yes. Thanks","text":"Yes. Thanks","html":"Yes. Thanks"},{"id":6691068,"gmtCreate":1637653955221,"gmtModify":1637653955221,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875665512,"type":1,"supId":6690742,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":6690852,"gmtCreate":1637652170102,"gmtModify":1637652170132,"authorId":3585096301616437,"author":{"id":3585096301616437,"authorId":3585096301616437,"name":"WJ2","avatar":"https://static.tigerbbs.com/321728f2a96c9249d1e52afe191a5b7e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875665512,"type":1,"supId":6690287,"prevId":0,"content":"Interesting to know. thanks","text":"Interesting to know. thanks","html":"Interesting to know. thanks"},{"id":6690742,"gmtCreate":1637650978998,"gmtModify":1637650979027,"authorId":3558344443683176,"author":{"id":3558344443683176,"authorId":3558344443683176,"name":"snowbear84","avatar":"https://static.tigerbbs.com/e7c52e572b6df6844db5cf0b9625a727","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875665512,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"CN"},{"id":875666772,"gmtCreate":1637644810183,"gmtModify":1637644810183,"author":{"id":"4091367214252370","authorId":"4091367214252370","name":"ba2blcksheep","avatar":"https://static.tigerbbs.com/0f415c93d67440eac8b616c14a4e6b2b","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"tkupls like meee hehhe","listText":"tkupls like meee hehhe","text":"tkupls like meee hehhe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875666772","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6690429,"gmtCreate":1637647907623,"gmtModify":1637647907733,"authorId":3575256884333459,"author":{"id":3575256884333459,"authorId":3575256884333459,"name":"MorphyInc","avatar":"https://static.tigerbbs.com/8fa62407baa49ccbcbca7d374aa8a803","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875666772,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":875668600,"gmtCreate":1637644574531,"gmtModify":1637644574531,"author":{"id":"4092456659576790","authorId":"4092456659576790","name":"33054288","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875668600","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6690926,"gmtCreate":1637652850171,"gmtModify":1637652850266,"authorId":3567211702241491,"author":{"id":3567211702241491,"authorId":3567211702241491,"name":"WalkerWoon","avatar":"https://static.tigerbbs.com/a772c81a4c88b39f7cdec13c1c0af077","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875668600,"type":1,"supId":0,"prevId":0,"content":"Like me pls","text":"Like me pls","html":"Like me pls"}],"langContent":"CN"},{"id":875661277,"gmtCreate":1637644402942,"gmtModify":1637644402942,"author":{"id":"4099556057840000","authorId":"4099556057840000","name":"zenith54","avatar":"https://static.tigerbbs.com/17f6a81f3e6dbc90ed61ddaf6fa51dcc","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Well said 👏🏻&nbsp;","listText":"Well said 👏🏻&nbsp;","text":"Well said 👏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875661277","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":875663998,"gmtCreate":1637644159793,"gmtModify":1637644159793,"author":{"id":"4090040387780440","authorId":"4090040387780440","name":"WilMic","avatar":"https://static.tigerbbs.com/7df19ab56ab9c1603935c4992ab4cc86","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Billionaire want to become the Real&nbsp;shareholder. Up or down doesn't&nbsp;matter for Billionaires. So long biz generate return for him. Trader look for profit not long term&nbsp;","listText":"Billionaire want to become the Real&nbsp;shareholder. Up or down doesn't&nbsp;matter for Billionaires. So long biz generate return for him. Trader look for profit not long term&nbsp;","text":"Billionaire want to become the Real shareholder. Up or down doesn't matter for Billionaires. So long biz generate return for him. Trader look for profit not long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875663998","repostId":2185871418,"repostType":2,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6690565,"gmtCreate":1637649679575,"gmtModify":1637649679692,"authorId":3587095479419511,"author":{"id":3587095479419511,"authorId":3587095479419511,"name":"HelloKitty55","avatar":"https://static.tigerbbs.com/d60ee63e7e29d36d5bc7561ef9bc3ed6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875663998,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":875681141,"gmtCreate":1637642820621,"gmtModify":1637646171485,"author":{"id":"4099563350842460","authorId":"4099563350842460","name":"sc0tchb0nn3t","avatar":"https://static.tigerbbs.com/b42d1995afd403d4b720e209484f8d61","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Somethings to look into","listText":"Somethings to look into","text":"Somethings to look into","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875681141","repostId":2185871418,"repostType":2,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6691750,"gmtCreate":1637659206712,"gmtModify":1637659206804,"authorId":3574384014717887,"author":{"id":3574384014717887,"authorId":3574384014717887,"name":"cutemiao","avatar":"https://static.tigerbbs.com/bb482433c2ea26132373994768ab7de2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875681141,"type":1,"supId":0,"prevId":0,"content":"<u>Yes</u>","text":"<u>Yes</u>","html":"<u>Yes</u>"}],"langContent":"CN"},{"id":875681016,"gmtCreate":1637642798264,"gmtModify":1637642815967,"author":{"id":"4091758936365950","authorId":"4091758936365950","name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"[Doubt]&nbsp;","listText":"[Doubt]&nbsp;","text":"[Doubt]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875681016","repostId":2185871418,"repostType":2,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":875874171,"gmtCreate":1637637064634,"gmtModify":1637637064765,"author":{"id":"3585312804980408","authorId":"3585312804980408","name":"LaiSB","avatar":"https://static.tigerbbs.com/02ab60e191d391b446c88630f4f1e822","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875874171","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6688899,"gmtCreate":1637637124898,"gmtModify":1637637124926,"authorId":3555306185724245,"author":{"id":3555306185724245,"authorId":3555306185724245,"name":"starrys","avatar":"https://static.tigerbbs.com/c5fdf02892a55030cf24ff3c4a3678c0","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875874171,"type":1,"supId":0,"prevId":0,"content":"noted as <u>well</u>","text":"noted as <u>well</u>","html":"noted as <u>well</u>"}],"langContent":"CN"},{"id":875875613,"gmtCreate":1637636993327,"gmtModify":1637636993484,"author":{"id":"3586310553293679","authorId":"3586310553293679","name":"SaberTooth","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"pls like. thanks","listText":"pls like. thanks","text":"pls like. thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/875875613","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6697913,"gmtCreate":1637709398347,"gmtModify":1637709398377,"authorId":3567307840510045,"author":{"id":3567307840510045,"authorId":3567307840510045,"name":"JeremyKok","avatar":"https://static.tigerbbs.com/01b03a485f83b6b2615fad8ac9b87bf4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875875613,"type":1,"supId":0,"prevId":0,"content":"hi. please like and comment back. thank you.","text":"hi. please like and comment back. thank you.","html":"hi. please like and comment back. thank you."},{"id":6688994,"gmtCreate":1637637666329,"gmtModify":1637637666358,"authorId":3586059298879232,"author":{"id":3586059298879232,"authorId":3586059298879232,"name":"Tomxx","avatar":"https://static.tigerbbs.com/abd49c57222b3b842f3f9af84b9d5b97","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875875613,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":875876549,"gmtCreate":1637636809365,"gmtModify":1637636872264,"author":{"id":"4097720712211120","authorId":"4097720712211120","name":"TradeMore","avatar":"https://static.tigerbbs.com/976c10f5e71e9a3b002205015f764d44","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875876549","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":875876256,"gmtCreate":1637636799584,"gmtModify":1637636872203,"author":{"id":"3586310553293679","authorId":"3586310553293679","name":"SaberTooth","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"pls like. thanks","listText":"pls like. thanks","text":"pls like. thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875876256","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":875878744,"gmtCreate":1637636732101,"gmtModify":1637636758726,"author":{"id":"3563581390514944","authorId":"3563581390514944","name":"NRN","avatar":"https://static.tigerbbs.com/3561ad0f76bae7ec1e64062bc70f0207","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"🚀🚀","listText":"🚀🚀","text":"🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875878744","repostId":2185871418,"repostType":4,"repost":{"id":"2185871418","pubTimestamp":1637636612,"share":"https://www.laohu8.com/m/news/2185871418?lang=&edition=full","pubTime":"2021-11-23 11:03","market":"us","language":"en","title":"3 Hot Stocks Billionaires Can't Stop Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2185871418","media":"Motley Fool","summary":"Today, investors can buy two of the three at an even lower price.","content":"<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.</p>\n<p>Across three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33491ae21962eb797627de4d2264f495\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Duquesne Capital Management loads up on Coupang</h2>\n<p>Dusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.</p>\n<p>Druckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player <b>Coupang</b> (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.</p>\n<p>It's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.</p>\n<p>Despite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.</p>\n<p>Coupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.</p>\n<h2>Appaloosa goes bargain shopping at Macy's, and strikes gold</h2>\n<p>One of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer <b>Macy's</b> (NYSE:M) – a move that looks awfully prescient today.</p>\n<p>Macy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.</p>\n<p>Why the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.</p>\n<p>But Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.</p>\n<p>On its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"</p>\n<p>Yet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.</p>\n<h2>Lone Pine can't quit <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></h2>\n<p>Finally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.</p>\n<p>During the third quarter, Lone Pine increased its <b>Twitter</b> (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.</p>\n<p>So what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.</p>\n<p>To its credit, Twitter was able to monetize those users better than peer <b>Snap</b> (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.</p>\n<p>Oh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.</p>\n<p>Now discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.</p>\n<p>However, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hot Stocks Billionaires Can't Stop Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hot Stocks Billionaires Can't Stop Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SNAP":"Snap Inc","TWTR":"Twitter","M":"梅西百货"},"source_url":"https://www.fool.com/investing/2021/11/22/3-hot-stocks-billionaires-cant-stop-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185871418","content_text":"It's 13F season, that time mid-way through the quarter when top money managers disclose their buys and sells from the previous quarter. While one should never just buy a stock because a famous hedge fund manager does, 13Fs can also be fertile ground for ideas --- some of which may be even cheaper today.\nAcross three prominent money managers I follow, here are three of their most consequential buys from the tumultuous third quarter.\nImage source: Getty Images.\nDuquesne Capital Management loads up on Coupang\nDusquesne Capital is run by Stan Druckenmiller, a star trader who used to work for George Soros. Druckenmiller has since shuttered his fund and now runs Duquesne Capital as a family office, but is still large enough that it must disclose trades to the SEC.\nDruckenmiller is currently a big fan of large-cap tech stocks, and recently made South Korean e-commerce player Coupang (NYSE:CPNG) his largest position, increasing his stake by 47% last quarter, making Coupang a 14% allocation in Duquesne's portfolio -- its largest position.\nIt's unclear when Druckenmiller bought the stock in the third quarter, but hopefully it was closer to the end of September. Coupang has had a rough go of it since its IPO back in March, especially over the summer. After hitting the markets at $35 per share, Coupang ended its first day of trading at nearly $50. But since the Spring, it has been a long a slow steady decline, starting the third quarter in the low $40 range, only to end the quarter in the high $20s. After an October bounce, shares are once again back at a price of $27.16 as of this writing, following an earnings release that missed analyst expectations.\nDespite the negativity, all is not lost for Coupang, and it could be a stock for further research. While growth missed analyst expectations last quarter, it was still quite strong at 48%, with active customers growing 20% and spend per customer up 25% year-on-year. While the company continues to mint hefty net losses, it's encouraging that Coupang's gross margin expanded, with gross profits increasing 62% -- a higher rate than revenues.\nCoupang was a first-mover in South Korea in terms of one-day delivery capabilities, and it's investing heavily in Coupang Eats, aiming to link e-commerce with food delivery and turning Coupang into more of an indispensable platform South Koreans use every day. One encouraging key performance indicator: Coupang Eats was the most-downloaded app on iOS and second-most downloaded app on Android in South Korea in 2021. After a tough summer for e-commerce names, investors may want to dive deeper.\nAppaloosa goes bargain shopping at Macy's, and strikes gold\nOne of the best value investors I follow is David Tepper, who also runs a family office under the name of his prior hedge fund: Appaloosa. In the third quarter, Tepper loaded up on retailer Macy's (NYSE:M) – a move that looks awfully prescient today.\nMacy's finished the third quarter up about 30%, and is already up another 50% since the beginning of the fourth! Lucky for Tepper, he increased his Macy's stake by 93% last quarter, making it a 3.8% allocation, good for Appaloosa's seventh-largest position.\nWhy the surge? Well, it's no surprise that many brick-and-mortar retail stocks were depressed during the pandemic. With consumers having saved money and vaccinations rolling out, \"revenge shopping\" was likely at play.\nBut Macy's has other things going for it, too. In a lucky turn for shareholders, activist investor JANA Partners announced a stake in Macy's in October. JANA is proposing Macy's separate its high-growth e-commerce business from its brick-and-mortar stores, a move JANA believes could unlock serious value for shareholders, given that pure-play e-commerce stocks fetch much higher valuations than Macy's does today.\nOn its recent earnings release, Macy's not only blew past analyst expectations for both revenue and adjusted earnings per share, but management also seemed open to the idea of exploring strategic alternatives. CEO Jeff Gennette said on the conference call with analysts: \"But based on how the market is assigning value e-commerce businesses, we just added AlixPartners, which we announced this morning as an objective third-party firm to really pressure test all of our analyses. And so, we're in the middle of that work, we need to complete our analysis, and we plan to provide an update after the work is complete.\"\nYet despite Macy's incredible run following JANA's disclosure and solid earnings, the stock only trades around 12 times next year's earnings estimates. Some analysts still rate Macy's a \"buy\" with higher price targets today, even after its epic run. Macy's is definitely a stock to research for those who think U.S. consumer spending on apparel will remain strong as the economy reopens, or that an e-commerce spinoff may actually happen.\nLone Pine can't quit Twitter\nFinally Stephen Mandel's Lone Pine Capital is a hedge fund to follow for growth-oriented names. In the third quarter, the company loaded up on a name you can actually buy for much cheaper today.\nDuring the third quarter, Lone Pine increased its Twitter (NYSE:TWTR) stake by 117%, raising it from a 2.2% allocation to a 4.4% allocation, good for the fund's seventh-largest position. That looks like rather inopportune timing, however, as Twitter spent much of the third quarter in the $60s. After a rough earnings season, it now trades around $48 per share.\nSo what happened? Twitter's third quarter revenue actually came in slightly ahead of estimates, but perhaps analysts were looking for a bigger beat. Another worrisome trend is Twitter's stagnant U.S. monetizable daily users (mDAUs), which have ticked down since vaccines became widely distributed in the first quarter, though international mDAU growth remained solid.\nTo its credit, Twitter was able to monetize those users better than peer Snap (NYSE:SNAP) did. iOS privacy changes began to affect all direct response advertising last quarter, and Snap was heavily affected. However, while Twitter recently only received about 15% of ad revenue from direct response ads, its growth is predicated on getting that to a 50-50 ratio. So, iOS changes that affect DR advertising may delay that growth trajectory.\nOh, and Twitter also took an $809.5 million charge to settle a class action lawsuit over allegedly misleading investors years ago over how often users used its platform -- although that was known as of late September.\nNow discounted, Twitter is an interesting stock, as it has quite engaged and passionate users, but hasn't been able to scale in the way other social media platforms have. Management also continues to invest heavily in growth, limiting current profitability and making valuation difficult to figure out.\nHowever, management is high on new targeting and personalization measures that have led to increased engagement. Additionally, CEO Jack Dorsey is big on cryptocurrency, and likely has new innovations in the offing that could further link Twitter with digital e-commerce. Down by so much, Twitter may be worth investigating after its summer swoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6688889,"gmtCreate":1637637057665,"gmtModify":1637637057698,"authorId":3585312804980408,"author":{"id":3585312804980408,"authorId":3585312804980408,"name":"LaiSB","avatar":"https://static.tigerbbs.com/02ab60e191d391b446c88630f4f1e822","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875878744,"type":1,"supId":0,"prevId":0,"content":"Rocket to the moon","text":"Rocket to the moon","html":"Rocket to the moon"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":203,"commentSize":15,"repostSize":0,"favoriteSize":7,"likeStatus":false,"favoriteStatus":false}}