个人中心 - 老虎社区

Donokane

IP属地：未知

帖子 · 63帖子 · 63
关注 · 0关注 · 0
粉丝 · 0粉丝 · 0

- DonokaneDonokane
  ·2021-09-14
  Great! Should make their platform more user-friendly to ease all of us
  非常抱歉，此主贴已删除
  103 2
  8
  分享
  举报
- DonokaneDonokane
  ·2021-09-10
  Deep dive then lots of great vibes will get us these stocks!!!
  3 Effective Strategies for Finding Value in Any Market
  Whether the market is hot or not, these are some ways you can find good stocks to buy.
  3 Effective Strategies for Finding Value in Any Market
  266 1
  8
  分享
  举报
- DonokaneDonokane
  ·2021-09-09
  Currency Camouflage!
  非常抱歉，此主贴已删除
  327 评论
  3
  分享
  举报
- DonokaneDonokane
  ·2021-09-09
  "Chipping" all the way to the bank
  Micron Is Too Cheap To Ignore
  I invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.Micron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.Micron Technology is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.Micron is one of the l
  Micron Is Too Cheap To Ignore
  181 评论
  7
  分享
  举报
- DonokaneDonokane
  ·2021-08-30
  Three freaking hours! Sheez! Over my dead body
  非常抱歉，此主贴已删除
  242 4
  7
  分享
  举报
- DonokaneDonokane
  ·2021-08-30
  Bet David lives up to his name - king (CASH)
  非常抱歉，此主贴已删除
  270 评论
  7
  分享
  举报
- DonokaneDonokane
  ·2021-08-20
  Best absorb with pinch of salt, coz not end of story "wink wink"
  非常抱歉，此主贴已删除
  245 评论
  4
  分享
  举报
- DonokaneDonokane
  ·2021-08-16
  Get real will ya? It's enormously huge appetite
  2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy
  Warren Buffett, the widely-followed "Oracle of Omaha" who founded and is currently chairman and CEO
  2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy
  187 评论
  2
  分享
  举报
- DonokaneDonokane
  ·2021-08-06
  Skillz has its name implies = SKILL
  非常抱歉，此主贴已删除
  251 1
  7
  分享
  举报
- DonokaneDonokane
  ·2021-08-05
  Quote - Old ginger still "HOT"
  非常抱歉，此主贴已删除
  172 评论
  1
  分享
  举报

热议股票

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

老虎社区侵权投诉指引

中国互联网举报中心·北京互联网举报中心

网络谣言曝光台·扫黄打非举报中心

网络110报警服务

© 2018-2024 老虎社区版权所有

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

qrcode

关注我们

{"i18n":{"language":"zh_CN"},"isCurrentUser":false,"userPageInfo":{"id":"3574372584321621","uuid":"3574372584321621","gmtCreate":1611289102480,"gmtModify":1618496593010,"name":"Donokane","pinyin":"donokane","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":35,"headSize":105,"tweetSize":63,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-2","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"资深虎友","description":"加入老虎社区1000天","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.20","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.23","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":886258885,"gmtCreate":1631598464347,"gmtModify":1631891264752,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Great! Should make their platform more user-friendly to ease all of us","listText":"Great! Should make their platform more user-friendly to ease all of us","text":"Great! Should make their platform more user-friendly to ease all of us","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886258885","repostId":"1121338781","repostType":4,"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883257505,"gmtCreate":1631247753907,"gmtModify":1631891264755,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Deep dive then lots of great vibes will get us these stocks!!!","listText":"Deep dive then lots of great vibes will get us these stocks!!!","text":"Deep dive then lots of great vibes will get us these stocks!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883257505","repostId":"2166345008","repostType":4,"repost":{"id":"2166345008","kind":"highlight","pubTimestamp":1631245597,"share":"https://www.laohu8.com/m/news/2166345008?lang=&edition=full","pubTime":"2021-09-10 11:46","market":"us","language":"en","title":"3 Effective Strategies for Finding Value in Any Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2166345008","media":"Motley Fool","summary":"Whether the market is hot or not, these are some ways you can find good stocks to buy.","content":"<p>Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is that it could be at or near its peak. And if that happens, your return on the investment can be limited -- or negative -- even if the underlying business isn't bad.</p>\n<p>Below, I'll cover three effective strategies I've used to identify stocks that are potentially undervalued. Whether the market is red hot or struggling, they can be effective in either scenario.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f94e1247acad42c21ee75869932e8f10\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>1. Finding large gaps between trailing and forward earnings multiples</h2>\n<p>The price-to-earnings (P/E) ratio is a useful multiple that you can use to compare stocks. The problem is that even <a href=\"https://laohu8.com/S/AONE.U\">one</a> bad quarter can negatively impact this number. Whether it's a big acquisition or the coronavirus pandemic, a company's results can look significantly worse than they otherwise should. One way to find this type of discrepancy is by comparing the trailing P/E, which looks at a company's earnings over the past 12 months vs. its <i>forward&nbsp;</i>P/E, which factors in the earnings that analysts expect from the business over the next year.</p>\n<p>A stock that trades at a high trailing P/E but a low forward P/E is one that could be undervalued. With soft earnings numbers, its trailing P/E won't look so great. One stock that you can find using this approach is&nbsp;healthcare company&nbsp;<b>Merck</b> (NYSE:MRK). The stock's trailing P/E is over 35 but its forward P/E is less than 15. The drugmaker's revenue of $48 billion in 2020 was up just 2.4% from the previous year and net income of $7.1 billion declined by 28%.</p>\n<p>Management says that without the negative impacts of the pandemic (people have been forgoing regular care amid COVID-19 and even cancer diagnoses declined significantly last year), the growth rate for the top line would have been closer to 9%. Now, with vaccination rates increasing, there's hope that COVID-19 will be less of a disruptor in the future for the healthcare industry. And that's why Merck could be an intriguing option right now and a strong recovery play. In addition, with the recent spinoff of <b>Organon</b>, which focuses on women's health, Merck expects to benefit from operating efficiencies of $500 million this year and $1.5 billion in total over the next three years.</p>\n<p>Merck is an example of a company that may look overvalued right now but could be a much better buy over the next 12 months.</p>\n<h2>2. Using the Relative Strength Index to find oversold stocks</h2>\n<p>One technical indicator I use to find value is the Relative Strength Index (RSI). It looks at a stock's price movement (typically over the past 14 days) and compares its losses and gains over that time. As the losses significantly outweigh the gains, the number gets smaller. On a 0-100 scale, once it falls below 30, a stock is considered to be oversold. It is a momentum indicator that can be useful because it can identify a situation where investors have been overly bearish on a stock of late. It doesn't mean that every stock will turn around, but for pre-vetted companies on your watch list that fall into oversold territory, it can be a sign that now might be a good time to buy.</p>\n<p>Using this criteria, you can find a solid growth stock like beverage giant <b>The Boston Beer Company&nbsp;</b>(NYSE:SAM), which has fallen sharply since the release of second-quarter results in July when its numbers fell short of analyst expectations. The growth in its hard seltzer segment simply wasn't as strong as it was in the past, and investors may have been overreacting to what still is a promising investment. A number of analysts see the stock rising over 70% within the next two years.</p>\n<p>RSI isn't a surefire way to find a winning stock; some companies fall in value sharply for valid reasons and their businesses could be in trouble. But if you've already reviewed a company and know it is a quality investment, using RSI can be a way to help zero in on the right time to buy it as oftentimes negative press can weigh a stock down more than it should. For investors who can look past that, it may create an attractive buying opportunity.</p>\n<h2>3. Buying on bad news</h2>\n<p>Investing in a company that has been receiving negative press -- and is down as a result -- is another way you can find some value. It may end up leading to a stock that falls into oversold territory, but it's not always a steep enough decline to get there. Here again, context is important. If the negative press involves the company's core business and its outlook for the future, that could very well be a problem. But if the prospects for the business remain strong, it can be worth buying amid the controversy.</p>\n<p>One example here is <b>Trulieve Cannabis</b>, which is down sharply from its 52-week high. The maker of cannabis products has been struggling of late not because of poor results or even anything the business is doing wrong. Rather, shares have been tanking because the husband of the company's CEO was convicted on multiple charges. Even though there's no reason at this point to suggest Trulieve is in any trouble, the stock has still felt the effects of the negative press. For a cannabis company that is a major player in the growing marijuana industry, now could be a prime time to consider buying shares of the business.</p>\n<p>Bad news can appear concerning over the short term but a distant memory years later. In 2018, when a privacy scandal involving social media company <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> and consulting firm Cambridge Analytica came out, investors could have bought shares of Facebook for around $150 in the days and weeks following the news. Today, the stock trades at more than double that price.</p>\n<p>The next time you see a negative headline on the news involving a business, consider whether it will impact its long-term growth prospects and ability to generate a profit. If it doesn't and the stock is down heavily because of the press, that could be a sign that it may be worth taking a contrarian stance on it and buying shares even as it falls in value. It may be a tough decision, but it's one that can pay off later.</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 Effective Strategies for Finding Value in Any Market</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 Effective Strategies for Finding Value in Any Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 11:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/09/09/3-effective-strategies-for-finding-value-in-any-ma/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166345008","content_text":"Are you struggling to find quality stocks to buy right now? With the market at around all-time highs, it isn't easy to find good investment options. The danger of buying shares of a soaring stock is that it could be at or near its peak. And if that happens, your return on the investment can be limited -- or negative -- even if the underlying business isn't bad.\nBelow, I'll cover three effective strategies I've used to identify stocks that are potentially undervalued. Whether the market is red hot or struggling, they can be effective in either scenario.\nImage source: Getty Images.\n1. Finding large gaps between trailing and forward earnings multiples\nThe price-to-earnings (P/E) ratio is a useful multiple that you can use to compare stocks. The problem is that even one bad quarter can negatively impact this number. Whether it's a big acquisition or the coronavirus pandemic, a company's results can look significantly worse than they otherwise should. One way to find this type of discrepancy is by comparing the trailing P/E, which looks at a company's earnings over the past 12 months vs. its forward P/E, which factors in the earnings that analysts expect from the business over the next year.\nA stock that trades at a high trailing P/E but a low forward P/E is one that could be undervalued. With soft earnings numbers, its trailing P/E won't look so great. One stock that you can find using this approach is healthcare company Merck (NYSE:MRK). The stock's trailing P/E is over 35 but its forward P/E is less than 15. The drugmaker's revenue of $48 billion in 2020 was up just 2.4% from the previous year and net income of $7.1 billion declined by 28%.\nManagement says that without the negative impacts of the pandemic (people have been forgoing regular care amid COVID-19 and even cancer diagnoses declined significantly last year), the growth rate for the top line would have been closer to 9%. Now, with vaccination rates increasing, there's hope that COVID-19 will be less of a disruptor in the future for the healthcare industry. And that's why Merck could be an intriguing option right now and a strong recovery play. In addition, with the recent spinoff of Organon, which focuses on women's health, Merck expects to benefit from operating efficiencies of $500 million this year and $1.5 billion in total over the next three years.\nMerck is an example of a company that may look overvalued right now but could be a much better buy over the next 12 months.\n2. Using the Relative Strength Index to find oversold stocks\nOne technical indicator I use to find value is the Relative Strength Index (RSI). It looks at a stock's price movement (typically over the past 14 days) and compares its losses and gains over that time. As the losses significantly outweigh the gains, the number gets smaller. On a 0-100 scale, once it falls below 30, a stock is considered to be oversold. It is a momentum indicator that can be useful because it can identify a situation where investors have been overly bearish on a stock of late. It doesn't mean that every stock will turn around, but for pre-vetted companies on your watch list that fall into oversold territory, it can be a sign that now might be a good time to buy.\nUsing this criteria, you can find a solid growth stock like beverage giant The Boston Beer Company (NYSE:SAM), which has fallen sharply since the release of second-quarter results in July when its numbers fell short of analyst expectations. The growth in its hard seltzer segment simply wasn't as strong as it was in the past, and investors may have been overreacting to what still is a promising investment. A number of analysts see the stock rising over 70% within the next two years.\nRSI isn't a surefire way to find a winning stock; some companies fall in value sharply for valid reasons and their businesses could be in trouble. But if you've already reviewed a company and know it is a quality investment, using RSI can be a way to help zero in on the right time to buy it as oftentimes negative press can weigh a stock down more than it should. For investors who can look past that, it may create an attractive buying opportunity.\n3. Buying on bad news\nInvesting in a company that has been receiving negative press -- and is down as a result -- is another way you can find some value. It may end up leading to a stock that falls into oversold territory, but it's not always a steep enough decline to get there. Here again, context is important. If the negative press involves the company's core business and its outlook for the future, that could very well be a problem. But if the prospects for the business remain strong, it can be worth buying amid the controversy.\nOne example here is Trulieve Cannabis, which is down sharply from its 52-week high. The maker of cannabis products has been struggling of late not because of poor results or even anything the business is doing wrong. Rather, shares have been tanking because the husband of the company's CEO was convicted on multiple charges. Even though there's no reason at this point to suggest Trulieve is in any trouble, the stock has still felt the effects of the negative press. For a cannabis company that is a major player in the growing marijuana industry, now could be a prime time to consider buying shares of the business.\nBad news can appear concerning over the short term but a distant memory years later. In 2018, when a privacy scandal involving social media company Facebook and consulting firm Cambridge Analytica came out, investors could have bought shares of Facebook for around $150 in the days and weeks following the news. Today, the stock trades at more than double that price.\nThe next time you see a negative headline on the news involving a business, consider whether it will impact its long-term growth prospects and ability to generate a profit. If it doesn't and the stock is down heavily because of the press, that could be a sign that it may be worth taking a contrarian stance on it and buying shares even as it falls in value. It may be a tough decision, but it's one that can pay off later.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883028935,"gmtCreate":1631191238627,"gmtModify":1631891264758,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Currency Camouflage!","listText":"Currency Camouflage!","text":"Currency Camouflage!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883028935","repostId":"1117582991","repostType":4,"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889580645,"gmtCreate":1631158025588,"gmtModify":1631891264761,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"\"Chipping\" all the way to the bank","listText":"\"Chipping\" all the way to the bank","text":"\"Chipping\" all the way to the bank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889580645","repostId":"1135345797","repostType":4,"repost":{"id":"1135345797","kind":"news","pubTimestamp":1631156729,"share":"https://www.laohu8.com/m/news/1135345797?lang=&edition=full","pubTime":"2021-09-09 11:05","market":"us","language":"en","title":"Micron Is Too Cheap To Ignore","url":"https://stock-news.laohu8.com/highlight/detail?id=1135345797","media":"Seeking Alpha","summary":"I invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.Micron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.Micron Technology is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.Micron is one of the l","content":"<p><b>Summary</b></p>\n<ul>\n <li>I invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.</li>\n <li>Micron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.</li>\n <li>Its valuation at less than 7x forward earnings is very undemanding and makes it a good cyclical play in the semiconductor industry.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea6943b055b8a3f717a6e1f6c038c065\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Micron Technology</b>(MU) is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.</p>\n<p><b>Company Overview</b></p>\n<p>Micron&nbsp;is one of the largest semiconductor companies in the world, measured by its more than $21 billion in revenues generated last year. The company is focused on the memory and storage products segment, through its DRAM, NAND and NOR technologies. By technology, DRAM is by far the most important one, being responsible for more than two thirds of Micron's revenues.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7be545bd7d6fd523fcb30ebd5c8171d1\" tg-width=\"1007\" tg-height=\"230\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>Micron was founded in 1978 and is nowadays present in some 17 countries around the world and has 13 manufacturing sites and 14 customer labs in the U.S., China&nbsp;Mainland, Taiwan and other areas. It is traded on the NASDAQ and has a market value of about $83 billion.</p>\n<p>The semiconductor industry faces fierce competition and this means that for Micron to remain competitive it must invest continuously in new products and technologies to differentiate itself from other players. Its closest competitors are&nbsp;<b>Samsung Electronics</b>(OTC:SSNLF) and SK Hynix, two companies based in South Korea, thus manufacturing costs is also an important factor for Micron to be competitive in the marketplace. According to Statista, Samsung is the largest player in this market segment, followed by SK and Micron, while other players have much smaller market shares.</p>\n<p>Even though the semiconductor industry is generally considered to be a cyclical industry, its prospects are quite good due to new technologies that are expected to boost demand over the next few years.</p>\n<p><b>Growth</b></p>\n<p>As I've analyzed in a previous article on \"ASML: A Fantastic Company For Long-Term Investors\", the semiconductor industry has very good long-term growth prospects due to several sources of innovation that should support growth for many years down the road.</p>\n<p>Modern technology is constantly changing and new developments are constantly pushing for new applications of microchips, including memory and storage. The volume of data is expected to grow strongly over the coming years, through technological advances like 5G, Big Data, autonomous vehicles, the internet of things, beyond others. This backdrop is very positive for Micron's growth, being specifically exposed to secular growth trends of AI, 5G, machine learning and autonomous vehicles.</p>\n<p>This means that Micron is directly exposed to several growth sources over the coming years and its total addressable market is expected to increase substantially over the next decade. This secular growth trend was even accelerated by the coronavirus pandemic, with demand for gaming, laptops and other products increasing rapidly, being a strong cyclical support for Micron's growth beyond its secular growth tailwinds.</p>\n<p>According to&nbsp;MarketWatch, the semiconductor memory market is expected to be around $134 in annual sales by 2027, a compounded annual growth rate of 5.9% from 2021-27. Even though this is a positive backdrop, the overall semiconductor industry is projected to grow at a CAGR of 8.6% during 2021-28, thus the memory market may not be the best sub-sector to be exposed to secular growth trends supporting this industry over the coming years. However, Micron has a higher estimate of the total available market for memory and storage by 2024, thus growth opportunities for the company may be higher than what the market is currently expecting.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58b60021e186ca242433f7923d10fbb7\" tg-width=\"380\" tg-height=\"315\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>Despite good growth prospects over the coming years, the memory and storage segment is usually considered more cyclical than other segments and costumers are structurally reluctant to enter into long-term, fixed-price commitments. This means that Micron is highly exposed to the supply/demand situation in the market and its pricing power is somewhat low over the medium to long term.</p>\n<p>Beyond that, the company also accepts orders that may be adjusted in terms of pricing by the time of shipment, showing that even in the short-term its pricing power is rather low. This is also why the company does not consider its order backlog to be a good indicator of future sales, which means that forecasting Micron's revenues and earnings in a time frame of 3-5 years is a tough exercise that most likely will be incorrect compared to the actual numbers the company will report in the succeeding periods.</p>\n<p><b>Financial Overview</b></p>\n<p>Regarding its financial performance, Micron has a mixed history showing that its business is clearly cyclical and can report strong swings on an annual basis. Indeed, even though Micron's revenues have increased at a compounded annual growth rate (CAGR) of 17.4% from fiscal years (FY) 2016-20 (which end s in September), its revenues declined by 23% in FY 2019 and 8.4% in FY 2020. Moreover, its net income is also highly volatile, reporting $14 billion in FY 2018 and only $2.7 billion in FY 2020.</p>\n<p>This clearly shows that Micron is highly exposed to the ups and downs of the market, which can change quite dramatically in a short period of time. This can also be seen by Micron's long-term trend of its EBITDA margin, which is highly volatile even though it has consistently improved over the years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459155c1caccc19e677c71474158f979\" tg-width=\"291\" tg-height=\"286\" referrerpolicy=\"no-referrer\"><span>Source: Micron.</span></p>\n<p>More recently, Micron's business has been on a better operating momentum, to some extent driven by the pandemic, with demand for consumer electronics increasing substantially across the globe, which was a strong tailwind for the memory and storage chip market, while other segments reported lower demand, such as automotive.</p>\n<p>This mixed backdrop resulted in lower revenues during the&nbsp;FY 2020, due to a large extent from lower DRAM prices that impacted negatively Micron's revenues and gross margin, Its revenues amounted to $21.4 billion (-8.4% YoY) and its gross margin declined to 31% (vs. 46% in FY 2019). Sales of NAND products increased during the year, boosted by data center customers, but were not enough to offset weakness in the DRAM segment. Regarding costs and R&amp;D, Micron has a good discipline and these costs did not increase significantly compared to the previous year. Micron's bottom-line declined by 57% YoY to $2.7 billion, and its EPS was $2.37 (vs. $5.51 per share in FY 2019).</p>\n<p>During the first nine months of FY 2021, Micron has reported a very strong operating momentum which has enabled it to offset the loss of Huawei as a costumer due to U.S. sanctions (it represented about 12% of Micron's revenues in FY 2019).</p>\n<p>In the&nbsp;third quarter of FY 2021, its revenues were 7.4 billion (+36% YoY) boosted by DRAM that reported revenue growth of 52% YoY, due to higher volumes and prices, while NAND's revenues were up by 9% YoY. Its net income more than double from the third quarter of FY 2020, to $2.17 billion, and its net profit margin improved to 29% (vs. 17% in the same quarter of last year). Its free cash flow was $1.5 billion in the quarter, a very good level of cash flow generation compared to accounting profit.</p>\n<p>Going forward, Micron is very positive about the demand outlook in the memory segment, supported by data center costumers and new product developments that should support volume growth in the coming years. On the other hand, there is some negative sentiment in the market about future memory prices, which would be negative for the company's revenue growth in the coming quarters. For instance, a&nbsp;<b>Morgan Stanley</b>(MS) analyst has recently downgraded Micron because he expect s DRAM prices to be in a late stage cycle has the supply-demand situation is becoming more balanced.</p>\n<p>Nevertheless, according to&nbsp;analysts' estimates, Micron should report higher revenues in FY 2022 and FY 2023 (to $36.7 billion and $40 billion, respectively) and the business is only expected to slow down thereafter. Its bottom-line is estimated to go up by 86% YoY in FY 2022, but to drop in the following years, which show to some extent that Micron's current strong growth may not be sustainable over the medium term.</p>\n<p>Regarding its balance sheet, Micron has a good situation, given that its net cash position was around $3.1 billion at the end of last quarter, thus its financial profile is strong and it can return excess capital to shareholders.</p>\n<p>Indeed, Micron has performed historically share buybacks, but more recently decided to start distributing a&nbsp;dividend, which shows some confidence about the company's future business prospects and its ability to return capital to shareholders in a recurring basis. Its quarterly dividend was set at only $0.10 per share, which lead to a modest dividend yield, but the goal is to gradually increase the dividend over the next few years.</p>\n<p><b>Bottom Line</b></p>\n<p>Micron is reporting strong growth and medium-term prospects are good due to several growth trends of AI, 5G and others. However, the memory market is highly cyclical and there are some worries that its current strong trend may not last much.</p>\n<p>The semiconductor industry has secular long-term growth prospects, but in my opinion the best way to invest in this theme is through companies that have some sort of competitive advantage and pricing power, such as&nbsp;<b>ASML</b>(ASML) that has a monopoly in the EUV technology. Micron does not fit that criteria and for that reason I was inclined to avoid it.</p>\n<p>However, I find its&nbsp;valuation&nbsp;as ridiculously cheap, given that based on 2022 and 2023 earnings it is currently trading at less than 7x forward earnings. This is extremely undemanding and even if earnings estimates come down somewhat, Micron would still be trading at a much lower valuation than its peers and its own historical average (about 11.5x over the past five years).</p>\n<p>This means that even though Micron is a cyclical play within the semiconductor industry (my investment approach is to buy mainly secular growth companies), its valuation is too much cheap to ignore and upside potential looks good if pricing in the memory market remains strong. I have bought a small stake in Micron (about 3% of my portfolio) and intend to hold it for a while, but if pricing in the memory market starts to show weakness I most likely will sell my stake.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron Is Too Cheap To Ignore</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\">\nMicron Is Too Cheap To Ignore\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.\nMicron is reporting strong growth in the past few ...</p>\n\n<a href=\"https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4453997-micron-is-too-cheap-to-ignore","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135345797","content_text":"Summary\n\nI invest mainly in secular growth companies and would, therefore, avoid Micron because the memory and storage segment is highly cyclical.\nMicron is reporting strong growth in the past few quarters and this trend is expected to remain positive over the next couple of years.\nIts valuation at less than 7x forward earnings is very undemanding and makes it a good cyclical play in the semiconductor industry.\n\nSundry Photography/iStock Editorial via Getty Images\nMicron Technology(MU) is a cyclical play within the semiconductor industry and I prefer to invest in secular growth companies, but its valuation is so cheap that it makes a very compelling investment right now.\nCompany Overview\nMicron is one of the largest semiconductor companies in the world, measured by its more than $21 billion in revenues generated last year. The company is focused on the memory and storage products segment, through its DRAM, NAND and NOR technologies. By technology, DRAM is by far the most important one, being responsible for more than two thirds of Micron's revenues.\nSource: Micron.\nMicron was founded in 1978 and is nowadays present in some 17 countries around the world and has 13 manufacturing sites and 14 customer labs in the U.S., China Mainland, Taiwan and other areas. It is traded on the NASDAQ and has a market value of about $83 billion.\nThe semiconductor industry faces fierce competition and this means that for Micron to remain competitive it must invest continuously in new products and technologies to differentiate itself from other players. Its closest competitors are Samsung Electronics(OTC:SSNLF) and SK Hynix, two companies based in South Korea, thus manufacturing costs is also an important factor for Micron to be competitive in the marketplace. According to Statista, Samsung is the largest player in this market segment, followed by SK and Micron, while other players have much smaller market shares.\nEven though the semiconductor industry is generally considered to be a cyclical industry, its prospects are quite good due to new technologies that are expected to boost demand over the next few years.\nGrowth\nAs I've analyzed in a previous article on \"ASML: A Fantastic Company For Long-Term Investors\", the semiconductor industry has very good long-term growth prospects due to several sources of innovation that should support growth for many years down the road.\nModern technology is constantly changing and new developments are constantly pushing for new applications of microchips, including memory and storage. The volume of data is expected to grow strongly over the coming years, through technological advances like 5G, Big Data, autonomous vehicles, the internet of things, beyond others. This backdrop is very positive for Micron's growth, being specifically exposed to secular growth trends of AI, 5G, machine learning and autonomous vehicles.\nThis means that Micron is directly exposed to several growth sources over the coming years and its total addressable market is expected to increase substantially over the next decade. This secular growth trend was even accelerated by the coronavirus pandemic, with demand for gaming, laptops and other products increasing rapidly, being a strong cyclical support for Micron's growth beyond its secular growth tailwinds.\nAccording to MarketWatch, the semiconductor memory market is expected to be around $134 in annual sales by 2027, a compounded annual growth rate of 5.9% from 2021-27. Even though this is a positive backdrop, the overall semiconductor industry is projected to grow at a CAGR of 8.6% during 2021-28, thus the memory market may not be the best sub-sector to be exposed to secular growth trends supporting this industry over the coming years. However, Micron has a higher estimate of the total available market for memory and storage by 2024, thus growth opportunities for the company may be higher than what the market is currently expecting.\nSource: Micron.\nDespite good growth prospects over the coming years, the memory and storage segment is usually considered more cyclical than other segments and costumers are structurally reluctant to enter into long-term, fixed-price commitments. This means that Micron is highly exposed to the supply/demand situation in the market and its pricing power is somewhat low over the medium to long term.\nBeyond that, the company also accepts orders that may be adjusted in terms of pricing by the time of shipment, showing that even in the short-term its pricing power is rather low. This is also why the company does not consider its order backlog to be a good indicator of future sales, which means that forecasting Micron's revenues and earnings in a time frame of 3-5 years is a tough exercise that most likely will be incorrect compared to the actual numbers the company will report in the succeeding periods.\nFinancial Overview\nRegarding its financial performance, Micron has a mixed history showing that its business is clearly cyclical and can report strong swings on an annual basis. Indeed, even though Micron's revenues have increased at a compounded annual growth rate (CAGR) of 17.4% from fiscal years (FY) 2016-20 (which end s in September), its revenues declined by 23% in FY 2019 and 8.4% in FY 2020. Moreover, its net income is also highly volatile, reporting $14 billion in FY 2018 and only $2.7 billion in FY 2020.\nThis clearly shows that Micron is highly exposed to the ups and downs of the market, which can change quite dramatically in a short period of time. This can also be seen by Micron's long-term trend of its EBITDA margin, which is highly volatile even though it has consistently improved over the years.\nSource: Micron.\nMore recently, Micron's business has been on a better operating momentum, to some extent driven by the pandemic, with demand for consumer electronics increasing substantially across the globe, which was a strong tailwind for the memory and storage chip market, while other segments reported lower demand, such as automotive.\nThis mixed backdrop resulted in lower revenues during the FY 2020, due to a large extent from lower DRAM prices that impacted negatively Micron's revenues and gross margin, Its revenues amounted to $21.4 billion (-8.4% YoY) and its gross margin declined to 31% (vs. 46% in FY 2019). Sales of NAND products increased during the year, boosted by data center customers, but were not enough to offset weakness in the DRAM segment. Regarding costs and R&D, Micron has a good discipline and these costs did not increase significantly compared to the previous year. Micron's bottom-line declined by 57% YoY to $2.7 billion, and its EPS was $2.37 (vs. $5.51 per share in FY 2019).\nDuring the first nine months of FY 2021, Micron has reported a very strong operating momentum which has enabled it to offset the loss of Huawei as a costumer due to U.S. sanctions (it represented about 12% of Micron's revenues in FY 2019).\nIn the third quarter of FY 2021, its revenues were 7.4 billion (+36% YoY) boosted by DRAM that reported revenue growth of 52% YoY, due to higher volumes and prices, while NAND's revenues were up by 9% YoY. Its net income more than double from the third quarter of FY 2020, to $2.17 billion, and its net profit margin improved to 29% (vs. 17% in the same quarter of last year). Its free cash flow was $1.5 billion in the quarter, a very good level of cash flow generation compared to accounting profit.\nGoing forward, Micron is very positive about the demand outlook in the memory segment, supported by data center costumers and new product developments that should support volume growth in the coming years. On the other hand, there is some negative sentiment in the market about future memory prices, which would be negative for the company's revenue growth in the coming quarters. For instance, a Morgan Stanley(MS) analyst has recently downgraded Micron because he expect s DRAM prices to be in a late stage cycle has the supply-demand situation is becoming more balanced.\nNevertheless, according to analysts' estimates, Micron should report higher revenues in FY 2022 and FY 2023 (to $36.7 billion and $40 billion, respectively) and the business is only expected to slow down thereafter. Its bottom-line is estimated to go up by 86% YoY in FY 2022, but to drop in the following years, which show to some extent that Micron's current strong growth may not be sustainable over the medium term.\nRegarding its balance sheet, Micron has a good situation, given that its net cash position was around $3.1 billion at the end of last quarter, thus its financial profile is strong and it can return excess capital to shareholders.\nIndeed, Micron has performed historically share buybacks, but more recently decided to start distributing a dividend, which shows some confidence about the company's future business prospects and its ability to return capital to shareholders in a recurring basis. Its quarterly dividend was set at only $0.10 per share, which lead to a modest dividend yield, but the goal is to gradually increase the dividend over the next few years.\nBottom Line\nMicron is reporting strong growth and medium-term prospects are good due to several growth trends of AI, 5G and others. However, the memory market is highly cyclical and there are some worries that its current strong trend may not last much.\nThe semiconductor industry has secular long-term growth prospects, but in my opinion the best way to invest in this theme is through companies that have some sort of competitive advantage and pricing power, such as ASML(ASML) that has a monopoly in the EUV technology. Micron does not fit that criteria and for that reason I was inclined to avoid it.\nHowever, I find its valuation as ridiculously cheap, given that based on 2022 and 2023 earnings it is currently trading at less than 7x forward earnings. This is extremely undemanding and even if earnings estimates come down somewhat, Micron would still be trading at a much lower valuation than its peers and its own historical average (about 11.5x over the past five years).\nThis means that even though Micron is a cyclical play within the semiconductor industry (my investment approach is to buy mainly secular growth companies), its valuation is too much cheap to ignore and upside potential looks good if pricing in the memory market remains strong. I have bought a small stake in Micron (about 3% of my portfolio) and intend to hold it for a while, but if pricing in the memory market starts to show weakness I most likely will sell my stake.","news_type":1},"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811666777,"gmtCreate":1630317916999,"gmtModify":1704958339485,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Three freaking hours! Sheez! Over my dead body","listText":"Three freaking hours! Sheez! Over my dead body","text":"Three freaking hours! Sheez! Over my dead body","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/811666777","repostId":"1103245806","repostType":4,"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811122606,"gmtCreate":1630299946305,"gmtModify":1704958053913,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Bet David lives up to his name - king (CASH)","listText":"Bet David lives up to his name - king (CASH)","text":"Bet David lives up to his name - king (CASH)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811122606","repostId":"1153646467","repostType":4,"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836038694,"gmtCreate":1629435831018,"gmtModify":1631883953429,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","listText":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","text":"Best absorb with pinch of salt, coz not end of story \"wink wink\"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836038694","repostId":"1113659023","repostType":4,"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839048830,"gmtCreate":1629110672220,"gmtModify":1631887209709,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Get real will ya? It's enormously huge appetite","listText":"Get real will ya? It's enormously huge appetite","text":"Get real will ya? It's enormously huge appetite","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839048830","repostId":"1145442681","repostType":4,"repost":{"id":"1145442681","kind":"news","pubTimestamp":1629106529,"share":"https://www.laohu8.com/m/news/1145442681?lang=&edition=full","pubTime":"2021-08-16 17:35","market":"us","language":"en","title":"2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy","url":"https://stock-news.laohu8.com/highlight/detail?id=1145442681","media":"investing.com","summary":"Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO ","content":"<p>Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO of&nbsp;<b><a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a></b>, is one of the US's most prominent buy-and-hold value investors. Buffett's views, on both the economy and markets, expressed in his regular shareholderletters, as well as his long-term investments, typically inspire legions of retail investors.</p>\n<p>Since the late 1950s, Buffett along with his long-time partner Charlie Munger have transformed&nbsp;<b>Berkshire Hathaway</b>&nbsp;from a struggling textile group to a conglomerate. In fact, BRK.A stock, which closed on Aug. 13 at $433,124.00 (<i>that is not a misprint</i>), currently has the highest share price of any company in history. Its market capitalization (cap) is greater than $654 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/359cd247ace6c70c333fddd55ce7127c\" tg-width=\"2536\" tg-height=\"1278\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">BRK.A Weekly TTM</p>\n<p>On Aug. 7, Berkshire Hathaway&nbsp;released&nbsp;Q2&nbsp;metrics. Operating earnings of $6.69 billion were up 21% year-over-year (YoY). Its holdings in energy businesses and railroads benefitted from an improved economic climate and the reopening of the economy.</p>\n<p>The group bought back about $6.0 billion of their own stock. As a result, the six-month share repurchase total stands at $12.6 billion.</p>\n<p>As many of our readers would know, Berkshire Hathaway owns numerous businesses, including&nbsp;<b>Geico</b>, the&nbsp;<b>BNSF Railway</b>&nbsp;and&nbsp;<b>See's Candies</b>. It also has sizable investments in various publicly-traded companies, operating mainly in three segments:</p>\n<ul>\n <li>Banks, insurance and finance (aggregate fair value of $66,479 billion);</li>\n <li>Consumer products (aggregate fair value of $146,330);</li>\n <li>Commercial, industrial and other (aggregate fair value of $68,361).</li>\n</ul>\n<p>The most recent SEC&nbsp;filing&nbsp;showed that at the end of June, “[a]pproximately 69% of the aggregate fair value was concentrated in four companies.\" They are:</p>\n<ul>\n <li><b>American Express</b>(NYSE:AXP)—$25.1 billion;</li>\n <li><b>Apple</b>(NASDAQ:AAPL)—$124.3 billion</li>\n <li><b>Bank of America</b>(NYSE:BAC)—$42.6 billion</li>\n <li><b>Coca-Cola</b>(NYSE:KO)—$21.6 billion.</li>\n</ul>\n<p>Several other names that Berkshire Hathaway currently invests ininclude&nbsp;<b><a href=\"https://laohu8.com/S/ABBV\">AbbVie</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/BMY\">Bristol-Myers Squibb</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/DVA\">DaVita HealthCare Partners</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/GM\">General Motors</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/KR\">Kroger</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/MMC\">Marsh &amp; McLennan</a></b>,<b>&nbsp;<a href=\"https://laohu8.com/S/MA\">MasterCard</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/TEVA\">Teva Pharmaceutical</a></b>, and&nbsp;<b><a href=\"https://laohu8.com/S/VRSN\">VeriSign</a></b>.</p>\n<p>Berkshire Hathaway also invests in the&nbsp;<b><a href=\"https://laohu8.com/S/SPY.AU\">SPDR® S&amp;P 500® ETF Trust</a></b>, which tracks the&nbsp;<b><a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a></b> <b>Index</b>. It is an exchange-traded fund (ETF) that Buffett believes should be in most retail portfolios.</p>\n<p>As the first ETF listed in the US, SPY began trading in January 1933. The fund holds companies across all elevenGICSsectors.</p>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b>,<b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b> ,<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b>, and&nbsp;<b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> </b>are the top names in the roster. The leading 10 stocks comprise 28% of net assets of $388.3 billion. So far in the year, SPY is up 32.4% and hit an all-time high on Aug. 13.</p>\n<p>With that information, here's another ETF that could be of interest to Buffett followers.</p>\n<p><b>Financial Select Sector SPDR Fund</b></p>\n<ul>\n <li>Current Price: $38.58</li>\n <li>52-Week Range: $22.94 - $38.95</li>\n <li>Dividend Yield: 1.50%</li>\n <li>Expense Ratio: 0.12% per year</li>\n</ul>\n<p>The&nbsp;<b><a href=\"https://laohu8.com/S/XLF\">Financial Select Sector SPDR Fund</a></b> provides exposure to financial services names, including banks, asset managers, insurers, brokers as well as real estate investment trusts (REITs). Since its inception in December 1998, net assets have reached $42.6 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/93f8ff3b4cea29db53c789ec5dc2469a\" tg-width=\"2552\" tg-height=\"1292\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">XLF Weekly</p>\n<p>XLF, which has 65 holdings, tracks the&nbsp;Financial Select Sector&nbsp;index.</p>\n<p>Close to 55% of total assets are in the top ten stocks. Among the largest names in the roster are<b>&nbsp;<a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a></b>,&nbsp;<b>Bank of America</b>,&nbsp;<b><a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a></b> and&nbsp;<b><a href=\"https://laohu8.com/S/C\">Citigroup</a></b>.</p>\n<p>A closer inspection of this fund shows that in addition to Berkshire Hathaway, other holdings include several additional names favored by Buffett. As well, since 12.70% of XLF is in BRK.A, buying XLF is an indirect way to gain exposure to stocks held by the conglomerate.</p>\n<p>Year-to-date, XLF is up about 30.9% and, like SPY, also hit an ATH on Aug. 13. In other words, the financial sector has been a top performer in 2021. Financial firms have benefited from the economic recovery of the past several months.</p>\n<p>Given the recent increase in the share prices of many names in XLF, short-term profit-taking could be in the cards. Interested readers would find a better value between $35-37.</p>","source":"lsy1594375853987","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>2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy</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\">\n2 ETFs That Could Help Investors Replicate Warren Buffett's Market Strategy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 17:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/2-etfs-that-could-help-investors-replicate-warren-buffetts-market-strategy-200598770><strong>investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO of Berkshire Hathaway, is one of the US's most prominent buy-and-hold value investors. Buffett's ...</p>\n\n<a href=\"https://www.investing.com/analysis/2-etfs-that-could-help-investors-replicate-warren-buffetts-market-strategy-200598770\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","SPY":"标普500ETF","BRK.A":"伯克希尔","XLF":"金融ETF"},"source_url":"https://www.investing.com/analysis/2-etfs-that-could-help-investors-replicate-warren-buffetts-market-strategy-200598770","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145442681","content_text":"Warren Buffett, the widely-followed \"Oracle of Omaha\" who founded and is currently chairman and CEO of Berkshire Hathaway, is one of the US's most prominent buy-and-hold value investors. Buffett's views, on both the economy and markets, expressed in his regular shareholderletters, as well as his long-term investments, typically inspire legions of retail investors.\nSince the late 1950s, Buffett along with his long-time partner Charlie Munger have transformed Berkshire Hathaway from a struggling textile group to a conglomerate. In fact, BRK.A stock, which closed on Aug. 13 at $433,124.00 (that is not a misprint), currently has the highest share price of any company in history. Its market capitalization (cap) is greater than $654 billion.\nBRK.A Weekly TTM\nOn Aug. 7, Berkshire Hathaway released Q2 metrics. Operating earnings of $6.69 billion were up 21% year-over-year (YoY). Its holdings in energy businesses and railroads benefitted from an improved economic climate and the reopening of the economy.\nThe group bought back about $6.0 billion of their own stock. As a result, the six-month share repurchase total stands at $12.6 billion.\nAs many of our readers would know, Berkshire Hathaway owns numerous businesses, including Geico, the BNSF Railway and See's Candies. It also has sizable investments in various publicly-traded companies, operating mainly in three segments:\n\nBanks, insurance and finance (aggregate fair value of $66,479 billion);\nConsumer products (aggregate fair value of $146,330);\nCommercial, industrial and other (aggregate fair value of $68,361).\n\nThe most recent SEC filing showed that at the end of June, “[a]pproximately 69% of the aggregate fair value was concentrated in four companies.\" They are:\n\nAmerican Express(NYSE:AXP)—$25.1 billion;\nApple(NASDAQ:AAPL)—$124.3 billion\nBank of America(NYSE:BAC)—$42.6 billion\nCoca-Cola(NYSE:KO)—$21.6 billion.\n\nSeveral other names that Berkshire Hathaway currently invests ininclude AbbVie, Amazon.com, Bank of New York Mellon, Bristol-Myers Squibb, DaVita HealthCare Partners, General Motors, Kroger, Marsh & McLennan, MasterCard, Teva Pharmaceutical, and VeriSign.\nBerkshire Hathaway also invests in the SPDR® S&P 500® ETF Trust, which tracks the S&P 500 Index. It is an exchange-traded fund (ETF) that Buffett believes should be in most retail portfolios.\nAs the first ETF listed in the US, SPY began trading in January 1933. The fund holds companies across all elevenGICSsectors.\nApple, Microsoft,Amazon.com ,Facebook, and Alphabet are the top names in the roster. The leading 10 stocks comprise 28% of net assets of $388.3 billion. So far in the year, SPY is up 32.4% and hit an all-time high on Aug. 13.\nWith that information, here's another ETF that could be of interest to Buffett followers.\nFinancial Select Sector SPDR Fund\n\nCurrent Price: $38.58\n52-Week Range: $22.94 - $38.95\nDividend Yield: 1.50%\nExpense Ratio: 0.12% per year\n\nThe Financial Select Sector SPDR Fund provides exposure to financial services names, including banks, asset managers, insurers, brokers as well as real estate investment trusts (REITs). Since its inception in December 1998, net assets have reached $42.6 billion.\nXLF Weekly\nXLF, which has 65 holdings, tracks the Financial Select Sector index.\nClose to 55% of total assets are in the top ten stocks. Among the largest names in the roster are Berkshire Hathaway, JPMorgan Chase, Bank of America, Wells Fargo, Morgan Stanley and Citigroup.\nA closer inspection of this fund shows that in addition to Berkshire Hathaway, other holdings include several additional names favored by Buffett. As well, since 12.70% of XLF is in BRK.A, buying XLF is an indirect way to gain exposure to stocks held by the conglomerate.\nYear-to-date, XLF is up about 30.9% and, like SPY, also hit an ATH on Aug. 13. In other words, the financial sector has been a top performer in 2021. Financial firms have benefited from the economic recovery of the past several months.\nGiven the recent increase in the share prices of many names in XLF, short-term profit-taking could be in the cards. Interested readers would find a better value between $35-37.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893976358,"gmtCreate":1628234307674,"gmtModify":1631891264766,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Skillz has its name implies = SKILL","listText":"Skillz has its name implies = SKILL","text":"Skillz has its name implies = SKILL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893976358","repostId":"2157837430","repostType":4,"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899007869,"gmtCreate":1628139493451,"gmtModify":1631891264770,"author":{"id":"3574372584321621","authorId":"3574372584321621","name":"Donokane","avatar":"https://static.tigerbbs.com/b672fbcb32dfabc5e8ff43920dc4c61e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574372584321621","authorIdStr":"3574372584321621"},"themes":[],"htmlText":"Quote - Old ginger still \"HOT\"","listText":"Quote - Old ginger still \"HOT\"","text":"Quote - Old ginger still \"HOT\"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899007869","repostId":"1169931259","repostType":4,"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}