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Shank88
2021-11-10
$Bannerman Resources Ltd(BMN.AU)$
Still got several x to go
Shank88
2021-11-09
$Panoramic Resources Ltd(PAN.AU)$
Powerup!
Shank88
2021-11-07
$Antero Resources(AR)$
Move in natgas notover yet
Shank88
2021-10-31
$Aeris Resources Ltd(AIS.AU)$
Undervalued copper gold miner.
Shank88
2021-10-30
$Lotus Resources(LOT.AU)$
Great infrastructure. Will stand the gain in the bull run.
Shank88
2021-10-29
$WESTERN AREAS LTD(WSA.AU)$
Nickel play
Shank88
2021-10-24
$Peabody Energy Corp(BTU)$
Another leg up coming for coal stocks.
Shank88
2021-10-22
$First Majestic Silver(AG)$
Silver seems poised for a move up. Major producers
Shank88
2021-10-21
$Syrah Resources(SYR.AU)$
Graphite an important component for nuclear plants.
Shank88
2021-10-15
$Poseidon Nickel(POS.AU)$
Esg mandates pushing demand for nickel.
Shank88
2021-10-12
$First Majestic Silver(AG)$
Crazily oversold. Lack of silver supply in he future
Shank88
2021-10-11
$Silex Systems(SLX.AU)$
Interesting stock that follows the uranium cycle.
Shank88
2021-10-10
$UEX Corp.(UEXCF)$
Gonna play catch up. Always a slower laggard
Shank88
2021-10-09
$Star Bulk Carriers(SBLK)$
Shipping still has legs. Few more legs up.
Shank88
2021-10-06
$Peninsula Energy(PEN.AU)$
All time high isstill far. Esg pushing uranium up
Shank88
2021-10-04
Green energy metals. More upside in the next few years
Shank88
2021-10-03
Shipping poised for a leg higher
Shank88
2021-10-02
Lng carriers making loads of money.
Shank88
2021-09-26
Shipping still has room to run.
Shank88
2021-09-25
Shipping is crazily resilient.
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in natgas notover yet","images":[{"img":"https://static.tigerbbs.com/126895f05432ad074c8b712c1b525755","width":"750","height":"2271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845040835","isVote":1,"tweetType":1,"viewCount":2008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":840275908,"gmtCreate":1635654215273,"gmtModify":1635654215344,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AIS.AU\">$Aeris Resources Ltd(AIS.AU)$</a>Undervalued copper gold miner.","listText":"<a href=\"https://laohu8.com/S/AIS.AU\">$Aeris Resources Ltd(AIS.AU)$</a>Undervalued copper gold 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Major producers ","listText":"<a href=\"https://laohu8.com/S/AG\">$First Majestic Silver(AG)$</a>Silver seems poised for a move up. Major producers ","text":"$First Majestic Silver(AG)$Silver seems poised for a move up. Major producers","images":[{"img":"https://static.tigerbbs.com/06819127fe3d110c3d8eac4f59851f65","width":"750","height":"2271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851142370","isVote":1,"tweetType":1,"viewCount":2694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":853683356,"gmtCreate":1634800454404,"gmtModify":1634800454608,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SYR.AU\">$Syrah Resources(SYR.AU)$</a>Graphite an important component for nuclear plants.","listText":"<a href=\"https://laohu8.com/S/SYR.AU\">$Syrah Resources(SYR.AU)$</a>Graphite an important component for nuclear plants.","text":"$Syrah Resources(SYR.AU)$Graphite an important component for nuclear plants.","images":[{"img":"https://static.tigerbbs.com/de40b6fc1634d7d51289fd22ee6d6e82","width":"750","height":"2119"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853683356","isVote":1,"tweetType":1,"viewCount":1735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":824973922,"gmtCreate":1634274425816,"gmtModify":1634274425990,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/POS.AU\">$Poseidon Nickel(POS.AU)$</a>Esg mandates pushing demand for nickel.","listText":"<a href=\"https://laohu8.com/S/POS.AU\">$Poseidon Nickel(POS.AU)$</a>Esg mandates pushing demand for nickel.","text":"$Poseidon Nickel(POS.AU)$Esg mandates pushing demand for nickel.","images":[{"img":"https://static.tigerbbs.com/3a38194e80fdbf0d22d9595ff871248e","width":"750","height":"2119"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824973922","isVote":1,"tweetType":1,"viewCount":1868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":826590376,"gmtCreate":1634033464836,"gmtModify":1634036556825,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AG\">$First Majestic Silver(AG)$</a>Crazily oversold. 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","listText":"<a href=\"https://laohu8.com/S/SLX.AU\">$Silex Systems(SLX.AU)$</a>Interesting stock that follows the uranium cycle. ","text":"$Silex Systems(SLX.AU)$Interesting stock that follows the uranium cycle.","images":[{"img":"https://static.tigerbbs.com/0b621e8c2668bdc3c42d8e15aa5e81d3","width":"750","height":"2119"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828444385","isVote":1,"tweetType":1,"viewCount":920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":828912548,"gmtCreate":1633831939793,"gmtModify":1633831939864,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UEXCF\">$UEX Corp.(UEXCF)$</a>Gonna play catch up. 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With the green initiative volume will pick up. Free cash flow baby!","listText":"A massive plus point for Tesla. With the green initiative volume will pick up. Free cash flow baby!","text":"A massive plus point for Tesla. With the green initiative volume will pick up. Free cash flow baby!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/179271967","repostId":"2152681854","repostType":4,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149363894,"gmtCreate":1625705455218,"gmtModify":1633938204503,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Tesla to a higher valuation.","listText":"Tesla to a higher valuation.","text":"Tesla to a higher valuation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/149363894","repostId":"1102362663","repostType":4,"isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196212736,"gmtCreate":1621056385525,"gmtModify":1634194221665,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Uh? Still okay a downtrend.","listText":"Uh? Still okay a downtrend.","text":"Uh? Still okay a downtrend.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/196212736","repostId":"1103478451","repostType":4,"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173554149,"gmtCreate":1626673387681,"gmtModify":1633925022621,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"What a way to suck in retailers money. Major shareholders dumpin the reins the retailers.Market toppisj!","listText":"What a way to suck in retailers money. Major shareholders dumpin the reins the retailers.Market toppisj!","text":"What a way to suck in retailers money. Major shareholders dumpin the reins the retailers.Market toppisj!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/173554149","repostId":"1187233426","repostType":4,"repost":{"id":"1187233426","kind":"news","pubTimestamp":1626671417,"share":"https://www.laohu8.com/m/news/1187233426?lang=zh_CN&edition=full","pubTime":"2021-07-19 13:10","market":"us","language":"en","title":"Italian luxury fashion brand Zegna to go public in $3.2 bln SPAC deal<blockquote>意大利奢侈时尚品牌杰尼亚将以32亿美元的SPAC交易上市</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187233426","media":"Reuters","summary":"July 19 (Reuters) - Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combin","content":"<p>July 19 (Reuters) - Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combining with a special-purpose acquisition company (SPAC) in the United States, giving the business an enterprise value of $3.2 billion, the Financial Times said on Monday.</p><p><blockquote>路透7月19日-英国《金融时报》周一称,意大利奢侈时尚集团杰尼亚(Ermenegildo Zegna)已同意通过与美国一家特殊目的收购公司(SPAC)合并上市,使该业务的企业价值达到32亿美元。</blockquote></p><p> The family-owned fashion brand will raise $880 million by combining with a SPAC launched by European private equity group Investindustrial and chaired by former UBS chief executive Sergio Ermotti, the report said.</p><p><blockquote>报道称,这个家族时尚品牌将通过与欧洲私募股权集团Investindustrial发起并由瑞银前首席执行官塞尔吉奥·埃尔莫蒂(Sergio Ermotti)担任主席的SPAC合并,筹集8.8亿美元。</blockquote></p><p> Under the terms of the deal, Zegna will sell a portion of their holdings and retain 62% of the combined company, which is being given an equity value of $2.5 billion, FT added.</p><p><blockquote>英国《金融时报》补充说,根据交易条款,杰尼亚将出售部分股份,并保留合并后公司62%的股份,该公司的股权价值为25亿美元。</blockquote></p><p> Zegna will merge with the New York-listed entity Investindustrial Acquisition Corp.</p><p><blockquote>杰尼亚将与纽约上市实体Investindustrial Acquisition Corp.合并。</blockquote></p><p> The investment in the Italian fashion brand will give Investindustrial an 11% stake in the company, FT said.</p><p><blockquote>英国《金融时报》称,对这个意大利时尚品牌的投资将使Investindustrial获得该公司11%的股份。</blockquote></p><p> \"We could have remained independent for another 100 years, but the moment is appropriate and the world has changed a lot and luxury has become very challenging,\" Chief Executive Officer Gildo Zegna told the FT.</p><p><blockquote>首席执行官吉尔多·杰尼亚(Gildo Zegna)对英国《金融时报》表示:“我们本可以再独立100年,但时机恰到好处,世界已经发生了很大变化,奢侈品变得非常具有挑战性。”</blockquote></p><p> Investindustrial Acquisition did not immediately respond to a Reuters request for comment.</p><p><blockquote>Investindustrial Acquisition没有立即回应路透社的置评请求。</blockquote></p><p></p>","source":"lsy1612507957220","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>Italian luxury fashion brand Zegna to go public in $3.2 bln SPAC deal<blockquote>意大利奢侈时尚品牌杰尼亚将以32亿美元的SPAC交易上市</blockquote></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{ 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}\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: 12.5px; color: #7E829C; margin: 0;}\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\">\nItalian luxury fashion brand Zegna to go public in $3.2 bln SPAC deal<blockquote>意大利奢侈时尚品牌杰尼亚将以32亿美元的SPAC交易上市</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-07-19 13:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>July 19 (Reuters) - Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combining with a special-purpose acquisition company (SPAC) in the United States, giving the business an enterprise value of $3.2 billion, the Financial Times said on Monday.</p><p><blockquote>路透7月19日-英国《金融时报》周一称,意大利奢侈时尚集团杰尼亚(Ermenegildo Zegna)已同意通过与美国一家特殊目的收购公司(SPAC)合并上市,使该业务的企业价值达到32亿美元。</blockquote></p><p> The family-owned fashion brand will raise $880 million by combining with a SPAC launched by European private equity group Investindustrial and chaired by former UBS chief executive Sergio Ermotti, the report said.</p><p><blockquote>报道称,这个家族时尚品牌将通过与欧洲私募股权集团Investindustrial发起并由瑞银前首席执行官塞尔吉奥·埃尔莫蒂(Sergio Ermotti)担任主席的SPAC合并,筹集8.8亿美元。</blockquote></p><p> Under the terms of the deal, Zegna will sell a portion of their holdings and retain 62% of the combined company, which is being given an equity value of $2.5 billion, FT added.</p><p><blockquote>英国《金融时报》补充说,根据交易条款,杰尼亚将出售部分股份,并保留合并后公司62%的股份,该公司的股权价值为25亿美元。</blockquote></p><p> Zegna will merge with the New York-listed entity Investindustrial Acquisition Corp.</p><p><blockquote>杰尼亚将与纽约上市实体Investindustrial Acquisition Corp.合并。</blockquote></p><p> The investment in the Italian fashion brand will give Investindustrial an 11% stake in the company, FT said.</p><p><blockquote>英国《金融时报》称,对这个意大利时尚品牌的投资将使Investindustrial获得该公司11%的股份。</blockquote></p><p> \"We could have remained independent for another 100 years, but the moment is appropriate and the world has changed a lot and luxury has become very challenging,\" Chief Executive Officer Gildo Zegna told the FT.</p><p><blockquote>首席执行官吉尔多·杰尼亚(Gildo Zegna)对英国《金融时报》表示:“我们本可以再独立100年,但时机恰到好处,世界已经发生了很大变化,奢侈品变得非常具有挑战性。”</blockquote></p><p> Investindustrial Acquisition did not immediately respond to a Reuters request for comment.</p><p><blockquote>Investindustrial Acquisition没有立即回应路透社的置评请求。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/1-italian-luxury-fashion-brand-045737712.html\">Reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/1-italian-luxury-fashion-brand-045737712.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187233426","content_text":"July 19 (Reuters) - Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combining with a special-purpose acquisition company (SPAC) in the United States, giving the business an enterprise value of $3.2 billion, the Financial Times said on Monday.\nThe family-owned fashion brand will raise $880 million by combining with a SPAC launched by European private equity group Investindustrial and chaired by former UBS chief executive Sergio Ermotti, the report said.\nUnder the terms of the deal, Zegna will sell a portion of their holdings and retain 62% of the combined company, which is being given an equity value of $2.5 billion, FT added.\nZegna will merge with the New York-listed entity Investindustrial Acquisition Corp.\nThe investment in the Italian fashion brand will give Investindustrial an 11% stake in the company, FT said.\n\"We could have remained independent for another 100 years, but the moment is appropriate and the world has changed a lot and luxury has become very challenging,\" Chief Executive Officer Gildo Zegna told the FT.\nInvestindustrial Acquisition did not immediately respond to a Reuters request for comment.","news_type":1,"symbols_score_info":{"IIAC":0.9}},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142460806,"gmtCreate":1626168745105,"gmtModify":1633929453437,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Wow wow wow! Hell of a return for a sovereign fund.","listText":"Wow wow wow! Hell of a return for a sovereign fund.","text":"Wow wow wow! Hell of a return for a sovereign fund.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142460806","repostId":"1177300400","repostType":4,"repost":{"id":"1177300400","kind":"news","pubTimestamp":1626167696,"share":"https://www.laohu8.com/m/news/1177300400?lang=zh_CN&edition=full","pubTime":"2021-07-13 17:14","market":"sg","language":"en","title":"Temasek Posts 25% Return, Most in 11 Years on Equities Rally<blockquote>淡马锡股价上涨25%,创11年来最高回报率</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177300400","media":"Bloomberg","summary":"(Bloomberg) -- Temasek Holdings Pte posted its biggest annual return since 2010 after the Singapore ","content":"<p>(Bloomberg) -- Temasek Holdings Pte posted its biggest annual return since 2010 after the Singapore state investor benefited from a rally in global equities.</p><p><blockquote>(彭博)——淡马锡控股私人有限公司公布了自2010年以来最大的年度回报,此前这家新加坡国有投资者受益于全球股市的反弹。</blockquote></p><p> The 25% gain for the fiscal year ended March 31 marks a turnaround from the previous year, when Temasek reported a 2.3% drop after the pandemic triggered a market meltdown. Since then, equity markets have breached record highs as major economies start to re-open.</p><p><blockquote>截至3月31日的财年增长了25%,标志着与上一年相比的转变,当时淡马锡报告称,在疫情引发市场崩溃后,淡马锡股价下跌2.3%。此后,随着主要经济体开始重新开放,股市突破了历史新高。</blockquote></p><p> “We expect the global economy to recover steadily,” said Temasek International Managing Director Fock Wai Hoong, adding that the pace of recovery was uneven thanks to differing vaccine rollouts. “In addition, uncertainty remains around the virulence of new Covid-19 variants and there’s added geopolitical uncertainty as tensions continue between China and the U.S.”</p><p><blockquote>淡马锡国际董事总经理Fock Wai Hoong表示:“我们预计全球经济将稳步复苏。”他补充说,由于疫苗推出的不同,复苏的步伐并不均衡。“此外,新的Covid-19变种的毒力仍然存在不确定性,而且随着中美之间的紧张局势持续,地缘政治的不确定性也增加了。”</blockquote></p><p> Temasek joins other global funds and investors posting outsized gains as economies recover from the deep recessions of 2020. Japan’s Government Pension Investment Fund booked a record 25% return on its investments for the year ended in March, while a Kuwaiti sovereign savings fund had a 33% gain over the same period.</p><p><blockquote>随着经济从2020年的严重衰退中复苏,淡马锡与其他全球基金和投资者一起取得了巨大收益。截至3月份,日本政府养老金投资基金的投资回报率达到创纪录的25%,而科威特主权储蓄基金同期的投资回报率为33%。</blockquote></p><p> Temasek’s net portfolio value stands at S$381 billion ($282 billion), up from S$306 billion a year earlier. China remains its biggest market with investments making up 27% of the portfolio, followed by Singapore at 24%. The Americas accounted for the largest share of new investments during the year, and now make up 20% of the portfolio. The firm’s 10-year annualized return rose to 7%.</p><p><blockquote>淡马锡的投资组合净值为3810亿新元(2820亿美元),高于去年同期的3060亿新元。中国仍然是其最大的市场,投资占投资组合的27%,其次是新加坡,占24%。美洲在这一年的新投资中占最大份额,目前占投资组合的20%。该公司的10年年化回报率升至7%。</blockquote></p><p> “Last year because we have a March cycle, markets were down at the time, they’re in a better place now, so the public portfolio has done well,” Temasek International joint head of North America Mukul Chawla said. “But so have a number of our private companies,” as a number of those have benefited from public listings.</p><p><blockquote>淡马锡国际北美联席主管Mukul Chawla表示:“去年,因为我们有一个三月周期,当时市场下跌,但现在情况更好,因此公共投资组合表现良好。”“但我们的许多私营公司也是如此”,因为其中许多公司从公开上市中受益。</blockquote></p><p> The improved performance comes despite several of Temasek’s best-known investments facing substantial hurdles. It’s had to buy billions of dollars worth of Singapore Airlines Ltd.’s convertible bonds amid a plunge in travel that led to a record loss of $3.2 billion last year. Still, the airline’s shares rebounded 37% in Temasek’s fiscal year.</p><p><blockquote>尽管淡马锡几项最知名的投资面临重大障碍,但业绩仍有所改善。由于去年旅游业暴跌导致创纪录的32亿美元损失,该公司不得不购买价值数十亿美元的新加坡航空有限公司可转换债券。尽管如此,该航空公司的股价在淡马锡财年仍反弹了37%。</blockquote></p><p> Temasek also faces headwinds in China, where it’s focused on technology, fintech and wealth management. An expected windfall from its backing of Ant Group Co. failed to materialize when its listing was halted in November.</p><p><blockquote>淡马锡在中国也面临着阻力,该公司专注于科技、金融科技和财富管理。当蚂蚁集团公司于11月停止上市时,其支持的预期意外之财未能实现。</blockquote></p><p> Temasek is also an investor in ride-hailing app Didi Global Inc., which saw its share price plummet days after it listed in New York when Chinese regulators ordered it off local app stores.</p><p><blockquote>淡马锡也是网约车应用滴滴出行的投资者,该公司在纽约上市几天后股价暴跌,原因是中国监管机构下令其下架当地应用商店。</blockquote></p><p> Investments in financial services including BlackRock Inc. and Visa Inc. now represent 24% of the portfolio, up from 23% in 2020, followed by telecommunications, media and technology businesses at 21%. Unlisted deals, which made up 48% of assets last year, now stand at 45%.</p><p><blockquote>包括贝莱德公司和Visa Inc.在内的金融服务投资目前占投资组合的24%,高于2020年的23%,其次是电信、媒体和技术业务,占21%。去年非上市交易占资产的48%,现在占45%。</blockquote></p><p></p>","source":"lsy1612507957220","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>Temasek Posts 25% Return, Most in 11 Years on Equities Rally<blockquote>淡马锡股价上涨25%,创11年来最高回报率</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTemasek Posts 25% Return, Most in 11 Years on Equities Rally<blockquote>淡马锡股价上涨25%,创11年来最高回报率</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-07-13 17:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Temasek Holdings Pte posted its biggest annual return since 2010 after the Singapore state investor benefited from a rally in global equities.</p><p><blockquote>(彭博)——淡马锡控股私人有限公司公布了自2010年以来最大的年度回报,此前这家新加坡国有投资者受益于全球股市的反弹。</blockquote></p><p> The 25% gain for the fiscal year ended March 31 marks a turnaround from the previous year, when Temasek reported a 2.3% drop after the pandemic triggered a market meltdown. Since then, equity markets have breached record highs as major economies start to re-open.</p><p><blockquote>截至3月31日的财年增长了25%,标志着与上一年相比的转变,当时淡马锡报告称,在疫情引发市场崩溃后,淡马锡股价下跌2.3%。此后,随着主要经济体开始重新开放,股市突破了历史新高。</blockquote></p><p> “We expect the global economy to recover steadily,” said Temasek International Managing Director Fock Wai Hoong, adding that the pace of recovery was uneven thanks to differing vaccine rollouts. “In addition, uncertainty remains around the virulence of new Covid-19 variants and there’s added geopolitical uncertainty as tensions continue between China and the U.S.”</p><p><blockquote>淡马锡国际董事总经理Fock Wai Hoong表示:“我们预计全球经济将稳步复苏。”他补充说,由于疫苗推出的不同,复苏的步伐并不均衡。“此外,新的Covid-19变种的毒力仍然存在不确定性,而且随着中美之间的紧张局势持续,地缘政治的不确定性也增加了。”</blockquote></p><p> Temasek joins other global funds and investors posting outsized gains as economies recover from the deep recessions of 2020. Japan’s Government Pension Investment Fund booked a record 25% return on its investments for the year ended in March, while a Kuwaiti sovereign savings fund had a 33% gain over the same period.</p><p><blockquote>随着经济从2020年的严重衰退中复苏,淡马锡与其他全球基金和投资者一起取得了巨大收益。截至3月份,日本政府养老金投资基金的投资回报率达到创纪录的25%,而科威特主权储蓄基金同期的投资回报率为33%。</blockquote></p><p> Temasek’s net portfolio value stands at S$381 billion ($282 billion), up from S$306 billion a year earlier. China remains its biggest market with investments making up 27% of the portfolio, followed by Singapore at 24%. The Americas accounted for the largest share of new investments during the year, and now make up 20% of the portfolio. The firm’s 10-year annualized return rose to 7%.</p><p><blockquote>淡马锡的投资组合净值为3810亿新元(2820亿美元),高于去年同期的3060亿新元。中国仍然是其最大的市场,投资占投资组合的27%,其次是新加坡,占24%。美洲在这一年的新投资中占最大份额,目前占投资组合的20%。该公司的10年年化回报率升至7%。</blockquote></p><p> “Last year because we have a March cycle, markets were down at the time, they’re in a better place now, so the public portfolio has done well,” Temasek International joint head of North America Mukul Chawla said. “But so have a number of our private companies,” as a number of those have benefited from public listings.</p><p><blockquote>淡马锡国际北美联席主管Mukul Chawla表示:“去年,因为我们有一个三月周期,当时市场下跌,但现在情况更好,因此公共投资组合表现良好。”“但我们的许多私营公司也是如此”,因为其中许多公司从公开上市中受益。</blockquote></p><p> The improved performance comes despite several of Temasek’s best-known investments facing substantial hurdles. It’s had to buy billions of dollars worth of Singapore Airlines Ltd.’s convertible bonds amid a plunge in travel that led to a record loss of $3.2 billion last year. Still, the airline’s shares rebounded 37% in Temasek’s fiscal year.</p><p><blockquote>尽管淡马锡几项最知名的投资面临重大障碍,但业绩仍有所改善。由于去年旅游业暴跌导致创纪录的32亿美元损失,该公司不得不购买价值数十亿美元的新加坡航空有限公司可转换债券。尽管如此,该航空公司的股价在淡马锡财年仍反弹了37%。</blockquote></p><p> Temasek also faces headwinds in China, where it’s focused on technology, fintech and wealth management. An expected windfall from its backing of Ant Group Co. failed to materialize when its listing was halted in November.</p><p><blockquote>淡马锡在中国也面临着阻力,该公司专注于科技、金融科技和财富管理。当蚂蚁集团公司于11月停止上市时,其支持的预期意外之财未能实现。</blockquote></p><p> Temasek is also an investor in ride-hailing app Didi Global Inc., which saw its share price plummet days after it listed in New York when Chinese regulators ordered it off local app stores.</p><p><blockquote>淡马锡也是网约车应用滴滴出行的投资者,该公司在纽约上市几天后股价暴跌,原因是中国监管机构下令其下架当地应用商店。</blockquote></p><p> Investments in financial services including BlackRock Inc. and Visa Inc. now represent 24% of the portfolio, up from 23% in 2020, followed by telecommunications, media and technology businesses at 21%. Unlisted deals, which made up 48% of assets last year, now stand at 45%.</p><p><blockquote>包括贝莱德公司和Visa Inc.在内的金融服务投资目前占投资组合的24%,高于2020年的23%,其次是电信、媒体和技术业务,占21%。去年非上市交易占资产的48%,现在占45%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/temasek-posts-25-return-most-070000337.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/temasek-posts-25-return-most-070000337.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177300400","content_text":"(Bloomberg) -- Temasek Holdings Pte posted its biggest annual return since 2010 after the Singapore state investor benefited from a rally in global equities.\nThe 25% gain for the fiscal year ended March 31 marks a turnaround from the previous year, when Temasek reported a 2.3% drop after the pandemic triggered a market meltdown. Since then, equity markets have breached record highs as major economies start to re-open.\n“We expect the global economy to recover steadily,” said Temasek International Managing Director Fock Wai Hoong, adding that the pace of recovery was uneven thanks to differing vaccine rollouts. “In addition, uncertainty remains around the virulence of new Covid-19 variants and there’s added geopolitical uncertainty as tensions continue between China and the U.S.”\nTemasek joins other global funds and investors posting outsized gains as economies recover from the deep recessions of 2020. Japan’s Government Pension Investment Fund booked a record 25% return on its investments for the year ended in March, while a Kuwaiti sovereign savings fund had a 33% gain over the same period.\nTemasek’s net portfolio value stands at S$381 billion ($282 billion), up from S$306 billion a year earlier. China remains its biggest market with investments making up 27% of the portfolio, followed by Singapore at 24%. The Americas accounted for the largest share of new investments during the year, and now make up 20% of the portfolio. The firm’s 10-year annualized return rose to 7%.\n“Last year because we have a March cycle, markets were down at the time, they’re in a better place now, so the public portfolio has done well,” Temasek International joint head of North America Mukul Chawla said. “But so have a number of our private companies,” as a number of those have benefited from public listings.\nThe improved performance comes despite several of Temasek’s best-known investments facing substantial hurdles. It’s had to buy billions of dollars worth of Singapore Airlines Ltd.’s convertible bonds amid a plunge in travel that led to a record loss of $3.2 billion last year. Still, the airline’s shares rebounded 37% in Temasek’s fiscal year.\nTemasek also faces headwinds in China, where it’s focused on technology, fintech and wealth management. An expected windfall from its backing of Ant Group Co. failed to materialize when its listing was halted in November.\nTemasek is also an investor in ride-hailing app Didi Global Inc., which saw its share price plummet days after it listed in New York when Chinese regulators ordered it off local app stores.\nInvestments in financial services including BlackRock Inc. and Visa Inc. now represent 24% of the portfolio, up from 23% in 2020, followed by telecommunications, media and technology businesses at 21%. Unlisted deals, which made up 48% of assets last year, now stand at 45%.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133070625,"gmtCreate":1621676294967,"gmtModify":1631884667001,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"But China had been repeating his.this is old news. What’s the intention?","listText":"But China had been repeating his.this is old news. What’s the intention?","text":"But China had been repeating his.this is old news. What’s the intention?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/133070625","repostId":"1174075999","repostType":4,"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354296213,"gmtCreate":1617175862332,"gmtModify":1631884063630,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Oh no. Not another one","listText":"Oh no. Not another one","text":"Oh no. Not another one","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354296213","repostId":"1163996400","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324765073,"gmtCreate":1616031901392,"gmtModify":1703496616890,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Won’t last Long.","listText":"Won’t last Long.","text":"Won’t last Long.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/324765073","repostId":"2120131417","repostType":4,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144920963,"gmtCreate":1626262677752,"gmtModify":1633928538419,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"More depression in the real world. Bullish for cannabis","listText":"More depression in the real world. Bullish for cannabis","text":"More depression in the real world. Bullish for cannabis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144920963","repostId":"1165083410","repostType":4,"repost":{"id":"1165083410","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626256074,"share":"https://www.laohu8.com/m/news/1165083410?lang=zh_CN&edition=full","pubTime":"2021-07-14 17:47","market":"us","language":"en","title":"Cannabis stocks gains in premarket trading,as senators unveiling plan to end federal prohibition of cannabis.<blockquote>随着参议员公布结束联邦大麻禁令的计划,大麻股在盘前交易中上涨。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165083410","media":"Tiger Newspress","summary":"Cannabis stocks gains in premarket trading,as senators unveiling plan to end federal prohibition of ","content":"<p>Cannabis stocks gains in premarket trading,as senators unveiling plan to end federal prohibition of cannabis.</p><p><blockquote>随着参议员公布结束联邦大麻禁令的计划,大麻股在盘前交易中上涨。</blockquote></p><p> SNDL shares rises 4% in premarket, TLRY and ACB shares are up 2%.</p><p><blockquote>SNDL股价盘前上涨4%,TLRY和ACB股价上涨2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/231cd44d5edcf10717dd42ede4ccbed1\" tg-width=\"1289\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of marijuana. The senators will detail their plan at a press conference on July 14.</p><p><blockquote>参议院多数党领袖查克·舒默(纽约州民主党)、参议员罗恩·怀登(俄勒冈州民主党)。)和新泽西州民主党参议员科里·布克(Cory Booker)公布了一份结束联邦大麻禁令的立法讨论草案。参议员们将在7月14日的新闻发布会上详细介绍他们的计划。</blockquote></p><p> The proposal— known as the Cannabis Administration and Opportunity Act — calls for removing cannabis from the federal list of controlled substances, allowing states to make their own decisions on cannabis. Many states have already moved to legalize recreational or medicinal marijuana use, but it still remains illegal under federal law.</p><p><blockquote>该提案被称为《大麻管理和机会法案》,评级将大麻从联邦受控物质清单中删除,允许各州就大麻做出自己的决定。许多州已经采取行动将娱乐性或医用大麻使用合法化,但根据联邦法律,这仍然是非法的。</blockquote></p><p> \"By ending the failed federal prohibition of cannabis, the Cannabis Administration and Opportunity Act will ensure that Americans – especially Black and Brown Americans – no longer have to fear arrest or be barred from public housing or federal financial aid for higher education for using cannabis in states where it’s legal,\" reads the discussion draft. \"State-compliant cannabis businesses will finally be treated like other businesses and allowed access to essential financial services, like bank accounts and loans. Medical research will no longer be stifled.\"</p><p><blockquote>“通过结束失败的联邦大麻禁令,《大麻管理和机会法案》将确保美国人——尤其是黑人和棕色人种美国人——不再担心因使用大麻而被捕或被禁止获得公共住房或联邦高等教育财政援助。在合法的州,”讨论草案中写道。“符合国家规定的大麻企业最终将像其他企业一样受到对待,并被允许获得基本的金融服务,例如银行账户和贷款。医学研究将不再受到抑制。”</blockquote></p><p> The proposal establishes 21 as the minimum age to purchase cannabis and limits retail sales to no more than 10 ounces of cannabis. It calls for federal agencies to research the impacts of cannabis use, legalization and cannabis-impaired driving — including research to establish an impairment standard for driving under the influence of cannabis.</p><p><blockquote>该提案将21岁定为购买大麻的最低年龄,并将大麻的零售额限制在不超过10盎司。评级是联邦机构研究大麻使用、合法化和大麻损害驾驶的影响,包括研究建立大麻影响下驾驶的损害标准。</blockquote></p><p> The Democratic trio has been working on the legislation for months. In an interview withYahoo Financeshortly after they announced their plan to work on the proposal, Sen. Wyden said Congress should \"finally recognize that the War on Drugs has failed.\"</p><p><blockquote>民主党三人组已经为这项立法工作了几个月。在宣布制定该提案的计划后不久,怀登参议员在接受雅虎财经采访时表示,国会应该“最终认识到禁毒战争已经失败”。</blockquote></p><p> The plan would require expungement of federal non-violent cannabis convictions and encourage state and local governments to do the same. It would keep people from being denied federal benefits — such as housing or federal financial aid — because of cannabis use or possession. People who are not U.S. citizens could not be denied benefits or protection under immigration laws.</p><p><blockquote>该计划将要求删除联邦非暴力大麻定罪,并鼓励州和地方政府也这样做。它将防止人们因为使用或持有大麻而被剥夺联邦福利,如住房或联邦财政援助。根据移民法,非美国公民不能被剥夺福利或保护。</blockquote></p><p> The plan would also create new grant programs to fund nonprofits that help people who have been \"adversely impacted by the War on Drugs.\" It would make loans available to small businesses in the cannabis industry and help states and localities implement cannabis licensing programs.</p><p><blockquote>该计划还将创建新的拨款计划,为帮助“受到毒品战争不利影响”的人们的非营利组织提供资金。它将向大麻行业的小企业提供贷款,并帮助各州和地方实施大麻许可计划。</blockquote></p><p> President Joe Biden backed decriminalization of marijuana on the campaign trail, but the White House has not backed legalization efforts. In December, the Housepassed the MORE Act— which would remove marijuana from the controlled substance list and create restorative justice programs. Earlier this year, Rep. Jerry Nadler (D., N.Y.)reintroducedthe legislation.</p><p><blockquote>乔·拜登总统在竞选中支持大麻合法化,但白宫不支持大麻合法化的努力。去年12月,众议院通过了MORE法案——该法案将大麻从受控物质清单中删除,并创建恢复性司法计划。今年早些时候,纽约州民主党众议员杰里·纳德勒重新提出了这项立法。</blockquote></p><p> The senators are asking for input on the proposal by Sept. 1, so they can consider feedback before crafting the final bill. The proposal faces a difficult vote in the evenly-divided Senate.</p><p><blockquote>参议员们要求在9月1日之前对该提案提出意见,以便他们可以在起草最终法案之前考虑反馈。该提案在平分秋色的参议院面临艰难的投票。</blockquote></p><p></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>Cannabis stocks gains in premarket trading,as senators unveiling plan to end federal prohibition of cannabis.<blockquote>随着参议员公布结束联邦大麻禁令的计划,大麻股在盘前交易中上涨。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nCannabis stocks gains in premarket trading,as senators unveiling plan to end federal prohibition of cannabis.<blockquote>随着参议员公布结束联邦大麻禁令的计划,大麻股在盘前交易中上涨。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-14 17:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Cannabis stocks gains in premarket trading,as senators unveiling plan to end federal prohibition of cannabis.</p><p><blockquote>随着参议员公布结束联邦大麻禁令的计划,大麻股在盘前交易中上涨。</blockquote></p><p> SNDL shares rises 4% in premarket, TLRY and ACB shares are up 2%.</p><p><blockquote>SNDL股价盘前上涨4%,TLRY和ACB股价上涨2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/231cd44d5edcf10717dd42ede4ccbed1\" tg-width=\"1289\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of marijuana. The senators will detail their plan at a press conference on July 14.</p><p><blockquote>参议院多数党领袖查克·舒默(纽约州民主党)、参议员罗恩·怀登(俄勒冈州民主党)。)和新泽西州民主党参议员科里·布克(Cory Booker)公布了一份结束联邦大麻禁令的立法讨论草案。参议员们将在7月14日的新闻发布会上详细介绍他们的计划。</blockquote></p><p> The proposal— known as the Cannabis Administration and Opportunity Act — calls for removing cannabis from the federal list of controlled substances, allowing states to make their own decisions on cannabis. Many states have already moved to legalize recreational or medicinal marijuana use, but it still remains illegal under federal law.</p><p><blockquote>该提案被称为《大麻管理和机会法案》,评级将大麻从联邦受控物质清单中删除,允许各州就大麻做出自己的决定。许多州已经采取行动将娱乐性或医用大麻使用合法化,但根据联邦法律,这仍然是非法的。</blockquote></p><p> \"By ending the failed federal prohibition of cannabis, the Cannabis Administration and Opportunity Act will ensure that Americans – especially Black and Brown Americans – no longer have to fear arrest or be barred from public housing or federal financial aid for higher education for using cannabis in states where it’s legal,\" reads the discussion draft. \"State-compliant cannabis businesses will finally be treated like other businesses and allowed access to essential financial services, like bank accounts and loans. Medical research will no longer be stifled.\"</p><p><blockquote>“通过结束失败的联邦大麻禁令,《大麻管理和机会法案》将确保美国人——尤其是黑人和棕色人种美国人——不再担心因使用大麻而被捕或被禁止获得公共住房或联邦高等教育财政援助。在合法的州,”讨论草案中写道。“符合国家规定的大麻企业最终将像其他企业一样受到对待,并被允许获得基本的金融服务,例如银行账户和贷款。医学研究将不再受到抑制。”</blockquote></p><p> The proposal establishes 21 as the minimum age to purchase cannabis and limits retail sales to no more than 10 ounces of cannabis. It calls for federal agencies to research the impacts of cannabis use, legalization and cannabis-impaired driving — including research to establish an impairment standard for driving under the influence of cannabis.</p><p><blockquote>该提案将21岁定为购买大麻的最低年龄,并将大麻的零售额限制在不超过10盎司。评级是联邦机构研究大麻使用、合法化和大麻损害驾驶的影响,包括研究建立大麻影响下驾驶的损害标准。</blockquote></p><p> The Democratic trio has been working on the legislation for months. In an interview withYahoo Financeshortly after they announced their plan to work on the proposal, Sen. Wyden said Congress should \"finally recognize that the War on Drugs has failed.\"</p><p><blockquote>民主党三人组已经为这项立法工作了几个月。在宣布制定该提案的计划后不久,怀登参议员在接受雅虎财经采访时表示,国会应该“最终认识到禁毒战争已经失败”。</blockquote></p><p> The plan would require expungement of federal non-violent cannabis convictions and encourage state and local governments to do the same. It would keep people from being denied federal benefits — such as housing or federal financial aid — because of cannabis use or possession. People who are not U.S. citizens could not be denied benefits or protection under immigration laws.</p><p><blockquote>该计划将要求删除联邦非暴力大麻定罪,并鼓励州和地方政府也这样做。它将防止人们因为使用或持有大麻而被剥夺联邦福利,如住房或联邦财政援助。根据移民法,非美国公民不能被剥夺福利或保护。</blockquote></p><p> The plan would also create new grant programs to fund nonprofits that help people who have been \"adversely impacted by the War on Drugs.\" It would make loans available to small businesses in the cannabis industry and help states and localities implement cannabis licensing programs.</p><p><blockquote>该计划还将创建新的拨款计划,为帮助“受到毒品战争不利影响”的人们的非营利组织提供资金。它将向大麻行业的小企业提供贷款,并帮助各州和地方实施大麻许可计划。</blockquote></p><p> President Joe Biden backed decriminalization of marijuana on the campaign trail, but the White House has not backed legalization efforts. In December, the Housepassed the MORE Act— which would remove marijuana from the controlled substance list and create restorative justice programs. Earlier this year, Rep. Jerry Nadler (D., N.Y.)reintroducedthe legislation.</p><p><blockquote>乔·拜登总统在竞选中支持大麻合法化,但白宫不支持大麻合法化的努力。去年12月,众议院通过了MORE法案——该法案将大麻从受控物质清单中删除,并创建恢复性司法计划。今年早些时候,纽约州民主党众议员杰里·纳德勒重新提出了这项立法。</blockquote></p><p> The senators are asking for input on the proposal by Sept. 1, so they can consider feedback before crafting the final bill. The proposal faces a difficult vote in the evenly-divided Senate.</p><p><blockquote>参议员们要求在9月1日之前对该提案提出意见,以便他们可以在起草最终法案之前考虑反馈。该提案在平分秋色的参议院面临艰难的投票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc.","SNDL":"SNDL Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165083410","content_text":"Cannabis stocks gains in premarket trading,as senators unveiling plan to end federal prohibition of cannabis.\nSNDL shares rises 4% in premarket, TLRY and ACB shares are up 2%.\n\nSenate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of marijuana. The senators will detail their plan at a press conference on July 14.\nThe proposal— known as the Cannabis Administration and Opportunity Act — calls for removing cannabis from the federal list of controlled substances, allowing states to make their own decisions on cannabis. Many states have already moved to legalize recreational or medicinal marijuana use, but it still remains illegal under federal law.\n\"By ending the failed federal prohibition of cannabis, the Cannabis Administration and Opportunity Act will ensure that Americans – especially Black and Brown Americans – no longer have to fear arrest or be barred from public housing or federal financial aid for higher education for using cannabis in states where it’s legal,\" reads the discussion draft. \"State-compliant cannabis businesses will finally be treated like other businesses and allowed access to essential financial services, like bank accounts and loans. Medical research will no longer be stifled.\"\nThe proposal establishes 21 as the minimum age to purchase cannabis and limits retail sales to no more than 10 ounces of cannabis. It calls for federal agencies to research the impacts of cannabis use, legalization and cannabis-impaired driving — including research to establish an impairment standard for driving under the influence of cannabis.\nThe Democratic trio has been working on the legislation for months. In an interview withYahoo Financeshortly after they announced their plan to work on the proposal, Sen. Wyden said Congress should \"finally recognize that the War on Drugs has failed.\"\nThe plan would require expungement of federal non-violent cannabis convictions and encourage state and local governments to do the same. It would keep people from being denied federal benefits — such as housing or federal financial aid — because of cannabis use or possession. People who are not U.S. citizens could not be denied benefits or protection under immigration laws.\nThe plan would also create new grant programs to fund nonprofits that help people who have been \"adversely impacted by the War on Drugs.\" It would make loans available to small businesses in the cannabis industry and help states and localities implement cannabis licensing programs.\nPresident Joe Biden backed decriminalization of marijuana on the campaign trail, but the White House has not backed legalization efforts. In December, the Housepassed the MORE Act— which would remove marijuana from the controlled substance list and create restorative justice programs. Earlier this year, Rep. Jerry Nadler (D., N.Y.)reintroducedthe legislation.\nThe senators are asking for input on the proposal by Sept. 1, so they can consider feedback before crafting the final bill. The proposal faces a difficult vote in the evenly-divided Senate.","news_type":1,"symbols_score_info":{"TLRY":0.9,"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111313753,"gmtCreate":1622652053672,"gmtModify":1634099516786,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Make sense? Seems like no sense to me.","listText":"Make sense? Seems like no sense to me.","text":"Make sense? Seems like no sense to me.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/111313753","repostId":"1188552613","repostType":4,"repost":{"id":"1188552613","kind":"news","pubTimestamp":1622627641,"share":"https://www.laohu8.com/m/news/1188552613?lang=zh_CN&edition=full","pubTime":"2021-06-02 17:54","market":"us","language":"en","title":"AMC Stock Is Surging Again. How to Make Sense of the Move.<blockquote>AMC股价再次飙升。如何理解这一举动。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188552613","media":"Barrons","summary":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th","content":"<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.</p><p><blockquote>AMC院线股价飙升很容易被视为迷因交易疯狂,社交媒体推动的投资者狂热将游戏驿站和黑莓等公司带入了投机领域。</blockquote></p><p> But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p><p><blockquote>但传统投资者可能错过了电影院业务的根本性变化——而且这已经不是第一次了。</blockquote></p><p> Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p><p><blockquote>AMC(股票代码:AMC)股价周二飙升23%,收于32.04美元,略低于5月底创下的36.72美元的历史高点。这使得这家连锁影院的市值约为160亿美元,是2018年票房破纪录的一年的15倍多。周三盘前交易中,该公司股价又上涨34%,至42.92美元。</blockquote></p><p> Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p><p><blockquote>不过,即使投资者错过了拐点,数学也不成立。原因可能是市值不是正确的衡量标准。也许是企业价值,本质上是市值和债务。AMC的企业价值约为260亿美元,而2018年底为62亿美元左右。</blockquote></p><p> AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p><p><blockquote>AMC在疫情期间增加了债务,因为该国最大城市的影院连续几个月处于黑暗之中。这些数字很容易理解原因:2020年美国票房收入约为21亿美元,比2018年创纪录的119亿美元下降了81%。</blockquote></p><p> So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p><p><blockquote>因此,投资者似乎对电影院经济感到恼火。但这不是第一次了。这个行业在世纪之交基本上破产了。例如,富豪影院于2001年宣布破产。</blockquote></p><p> Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p><p><blockquote>当时,该行业有足够的容量,因为一种新的剧院设计——体育场座位可以更好地观看屏幕。这种转变意味着连锁电影院必须翻新,否则就有可能失去所有顾客到视野更好的电影院。最终,太多的座位和不够的顾客意味着体育场座位投资的回报从未实现。</blockquote></p><p> The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p><p><blockquote>结果是整合。随着操作员的减少,屏幕数量稳定下来。2002年至2007年间,Regal Cinemas因股票定价错误而成为现金产生机器。该股平均每年回报率为21%。同期,标普500和道琼斯工业平均指数的平均年回报率均低于9%。</blockquote></p><p> In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p><p><blockquote>当年,富豪影院的企业价值约为50亿美元,约占美国票房总收入的50%。这与今天的AMC相去甚远。新的东西必须与众不同,AMC才值得。</blockquote></p><p> Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p><p><blockquote>也许电影院业务又要经历一段盘整期,可以迎来又一个回报的黄金时代。事实上,AMC周二的上涨是由筹集的新资金推动的,因此该公司可以继续进攻,收购已倒闭的连锁店。毕竟,垄断有利于股票回报。</blockquote></p><p> If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p><p><blockquote>如果AMC能够增加市场份额,并且美国票房销售额能够在几年内恢复到2018年的水平,那么总销售额可能会达到90亿美元——60亿美元来自门票,30亿美元来自特许经营。2018年销售额达55亿美元。</blockquote></p><p> Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p><p><blockquote>然后,随着规模的扩大带来更好的毛利率,AMC每年可能能够产生6亿美元的自由现金流,这使得该股的自由现金流收益率约为4%。标普500的自由现金流收益率约为3%。这些数字可以发挥作用——如果它们被拉伸的话。</blockquote></p><p> There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p><p><blockquote>不过,这种情况存在问题。有很多如果和可能——AMC过去从未产生过这样的现金流。达到6亿美元的自由现金流更多的是为了证明当前估值的合理性,而不是预测可能发生的情况。</blockquote></p><p> Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p><p><blockquote>此外,通过并购,AMC的市场份额可能会上升,但仍然存在竞争对手。富豪影院仍然存在,归电影世界控股公司所有。伦敦)。喜满客(CNK)也是如此。没有真正的垄断。</blockquote></p><p> AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p><p><blockquote>AMC及其同行也必须应对流媒体问题。独家影院放映的窗口正在缩小。疫情加速了这一点。如果AMC变得太大,对电影制作人的要求太高,人才总是可以更快地转向流媒体,从而损害票房销售。</blockquote></p><p> There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p><p><blockquote>还有同行股票的问题。他们并不认为这是剧院的一个勇敢的新世界。Cineworld股价较52周低点上涨484%,但仍较历史高点下跌72%。喜满客股价较52周低点上涨222%。它们比历史高点下跌了47%。</blockquote></p><p> AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p><p><blockquote>AMC股价再次较52周低点上涨近1,600%,较5月份历史高点仅下跌13%。</blockquote></p><p> Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p><p><blockquote>华尔街也没有看到潜力。九名分析师关注该股。分析师平均目标价约为5美元。在疫情爆发之前,分析师的平均目标价为15美元。但当时股票较少。旧的目标企业价值约为70亿美元。很难从70亿美元增加到260亿美元来预测更好的利润率。</blockquote></p><p></p><p> Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p><p><blockquote>不过,分析师确实模拟了正自由现金流——2022年为1300万美元,2023年为9000万美元。这距离6亿美元还有很长的路要走。</blockquote></p><p> And that’s just another way of saying that AMC bulls are a long way from making the math work.</p><p><blockquote>这只是AMC多头距离实现数学计算还有很长的路要走的另一种说法。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock Is Surging Again. How to Make Sense of the Move.<blockquote>AMC股价再次飙升。如何理解这一举动。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAMC Stock Is Surging Again. How to Make Sense of the Move.<blockquote>AMC股价再次飙升。如何理解这一举动。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-02 17:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.</p><p><blockquote>AMC院线股价飙升很容易被视为迷因交易疯狂,社交媒体推动的投资者狂热将游戏驿站和黑莓等公司带入了投机领域。</blockquote></p><p> But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p><p><blockquote>但传统投资者可能错过了电影院业务的根本性变化——而且这已经不是第一次了。</blockquote></p><p> Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p><p><blockquote>AMC(股票代码:AMC)股价周二飙升23%,收于32.04美元,略低于5月底创下的36.72美元的历史高点。这使得这家连锁影院的市值约为160亿美元,是2018年票房破纪录的一年的15倍多。周三盘前交易中,该公司股价又上涨34%,至42.92美元。</blockquote></p><p> Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p><p><blockquote>不过,即使投资者错过了拐点,数学也不成立。原因可能是市值不是正确的衡量标准。也许是企业价值,本质上是市值和债务。AMC的企业价值约为260亿美元,而2018年底为62亿美元左右。</blockquote></p><p> AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p><p><blockquote>AMC在疫情期间增加了债务,因为该国最大城市的影院连续几个月处于黑暗之中。这些数字很容易理解原因:2020年美国票房收入约为21亿美元,比2018年创纪录的119亿美元下降了81%。</blockquote></p><p> So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p><p><blockquote>因此,投资者似乎对电影院经济感到恼火。但这不是第一次了。这个行业在世纪之交基本上破产了。例如,富豪影院于2001年宣布破产。</blockquote></p><p> Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p><p><blockquote>当时,该行业有足够的容量,因为一种新的剧院设计——体育场座位可以更好地观看屏幕。这种转变意味着连锁电影院必须翻新,否则就有可能失去所有顾客到视野更好的电影院。最终,太多的座位和不够的顾客意味着体育场座位投资的回报从未实现。</blockquote></p><p> The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p><p><blockquote>结果是整合。随着操作员的减少,屏幕数量稳定下来。2002年至2007年间,Regal Cinemas因股票定价错误而成为现金产生机器。该股平均每年回报率为21%。同期,标普500和道琼斯工业平均指数的平均年回报率均低于9%。</blockquote></p><p> In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p><p><blockquote>当年,富豪影院的企业价值约为50亿美元,约占美国票房总收入的50%。这与今天的AMC相去甚远。新的东西必须与众不同,AMC才值得。</blockquote></p><p> Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p><p><blockquote>也许电影院业务又要经历一段盘整期,可以迎来又一个回报的黄金时代。事实上,AMC周二的上涨是由筹集的新资金推动的,因此该公司可以继续进攻,收购已倒闭的连锁店。毕竟,垄断有利于股票回报。</blockquote></p><p> If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p><p><blockquote>如果AMC能够增加市场份额,并且美国票房销售额能够在几年内恢复到2018年的水平,那么总销售额可能会达到90亿美元——60亿美元来自门票,30亿美元来自特许经营。2018年销售额达55亿美元。</blockquote></p><p> Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p><p><blockquote>然后,随着规模的扩大带来更好的毛利率,AMC每年可能能够产生6亿美元的自由现金流,这使得该股的自由现金流收益率约为4%。标普500的自由现金流收益率约为3%。这些数字可以发挥作用——如果它们被拉伸的话。</blockquote></p><p> There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p><p><blockquote>不过,这种情况存在问题。有很多如果和可能——AMC过去从未产生过这样的现金流。达到6亿美元的自由现金流更多的是为了证明当前估值的合理性,而不是预测可能发生的情况。</blockquote></p><p> Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p><p><blockquote>此外,通过并购,AMC的市场份额可能会上升,但仍然存在竞争对手。富豪影院仍然存在,归电影世界控股公司所有。伦敦)。喜满客(CNK)也是如此。没有真正的垄断。</blockquote></p><p> AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p><p><blockquote>AMC及其同行也必须应对流媒体问题。独家影院放映的窗口正在缩小。疫情加速了这一点。如果AMC变得太大,对电影制作人的要求太高,人才总是可以更快地转向流媒体,从而损害票房销售。</blockquote></p><p> There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p><p><blockquote>还有同行股票的问题。他们并不认为这是剧院的一个勇敢的新世界。Cineworld股价较52周低点上涨484%,但仍较历史高点下跌72%。喜满客股价较52周低点上涨222%。它们比历史高点下跌了47%。</blockquote></p><p> AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p><p><blockquote>AMC股价再次较52周低点上涨近1,600%,较5月份历史高点仅下跌13%。</blockquote></p><p> Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p><p><blockquote>华尔街也没有看到潜力。九名分析师关注该股。分析师平均目标价约为5美元。在疫情爆发之前,分析师的平均目标价为15美元。但当时股票较少。旧的目标企业价值约为70亿美元。很难从70亿美元增加到260亿美元来预测更好的利润率。</blockquote></p><p></p><p> Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p><p><blockquote>不过,分析师确实模拟了正自由现金流——2022年为1300万美元,2023年为9000万美元。这距离6亿美元还有很长的路要走。</blockquote></p><p> And that’s just another way of saying that AMC bulls are a long way from making the math work.</p><p><blockquote>这只是AMC多头距离实现数学计算还有很长的路要走的另一种说法。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188552613","content_text":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.\nBut it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.\nShares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.\nEven if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.\nAMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.\nSo, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.\nBack then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.\nThe upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.\nIn those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.\nMaybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.\nIf AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.\nThen, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.\nThere are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.\nAlso, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.\nAMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.\nThere is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.\nAMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.\nWall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.\nAnalysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.\nAnd that’s just another way of saying that AMC bulls are a long way from making the math work.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119272652,"gmtCreate":1622553106976,"gmtModify":1634100560912,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Great. Then we can buy more","listText":"Great. Then we can buy more","text":"Great. Then we can buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/119272652","repostId":"1107522849","repostType":4,"repost":{"id":"1107522849","kind":"news","pubTimestamp":1622546178,"share":"https://www.laohu8.com/m/news/1107522849?lang=zh_CN&edition=full","pubTime":"2021-06-01 19:16","market":"us","language":"en","title":"Apple Stock To Sink 30%? Inside The Mind Of A Bear<blockquote>苹果股价将下跌30%?在熊的脑海里</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107522849","media":"TheStreet","summary":"There is a new bear roaming the Apple orchard. Could Apple stock dip about 30% from current levels, as one Wall Street analyst argues?Anew bear has emerged from its cave. New Street’s Pierre Ferragu believes that Apple stock is now a sell, downgraded from his previous neutral stance, and that shares could sink by nearly 30% from current levels to only $90.The Apple Maven gets inside the mind of this Wall Street skeptic to better understand the potential risks of investing in Apple stock today.Pi","content":"<p>There is a new bear roaming the Apple orchard. Could Apple stock dip about 30% from current levels, as one Wall Street analyst argues?</p><p><blockquote>有一只新熊在苹果果园游荡。正如一位华尔街分析师所说,苹果股价会比当前水平下跌约30%吗?</blockquote></p><p> Anew bear has emerged from its cave. New Street’s Pierre Ferragu believes that Apple stock is now a sell, downgraded from his previous neutral stance, and that shares could sink by nearly 30% from current levels to only $90.</p><p><blockquote>一只新的熊从洞穴中出现了。New Street的Pierre Ferragu认为,苹果股票现在处于卖出状态,较之前的中性立场有所下调,股价可能会从当前水平下跌近30%,至仅90美元。</blockquote></p><p> The Apple Maven gets inside the mind of this Wall Street skeptic to better understand the potential risks of investing in Apple stock today.</p><p><blockquote>这位苹果专家深入了解了这位华尔街怀疑论者的内心,以更好地了解当今投资苹果股票的潜在风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd3a0c90859283b1acacd5c5258f1e15\" tg-width=\"1240\" tg-height=\"827\"><span>Figure 1: Wall Street bear.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:华尔街熊。</span></p></blockquote></p><p> <b>“12S cycle” coming up?</b></p><p><blockquote><b>“12S周期”即将来临?</b></blockquote></p><p> New Street is effectively the only true Apple bear on Wall Street today. Famed skeptic Rod Hall, at Goldman Sachs, finally threw in the towel after the Cupertino company delivered a record-breaking fiscal second quarter. Wolfe Research’s Jeff Kvaal maintains his sell rating, but at a high price target of $125 that suggests minimal downside risk.</p><p><blockquote>新街实际上是当今华尔街唯一真正的苹果空头。高盛(Goldman Sachs)著名怀疑论者罗德·霍尔(Rod Hall)在这家库比蒂诺公司第二财季业绩破纪录后终于认输了。Wolfe Research的Jeff Kvaal维持卖出评级,但目标价为125美元,表明下行风险最小。</blockquote></p><p> Pierre Ferragu goes deeper. In his view, the best of Apple’s iPhone upgrade wave, the so-called 5G super cycle, has been left in the rearview mirror. The point was reinforced by the analyst’s views that the Cupertino company’s upcoming smartphone will probably be a “12S model” with limited updates.</p><p><blockquote>皮埃尔·费拉古更深入。在他看来,苹果iPhone升级浪潮中最好的部分,即所谓的5G超级周期,已经被抛在了后视镜中。分析师的观点强化了这一点,即这家库比蒂诺公司即将推出的智能手机可能是更新有限的“12S型号”。</blockquote></p><p> In addition to an underwhelming 2021 iPhone model in the pipeline, Mr. Ferragu’s bearish thesis is further illustrated by his quote below:</p><p><blockquote>除了即将推出的2021年iPhone机型令人印象深刻之外,Ferragu先生下面的引述进一步说明了他的悲观论点:</blockquote></p><p> “The key question is how things shape up for next year, as the current super cycle has brought forward demand […] and consumers spend less on consumer electronics as the economy re-opens.” <b>Plugging some numbers</b></p><p><blockquote>“关键问题是明年的情况如何,因为当前的超级周期带来了需求[……],而且随着经济重新开放,消费者在消费电子产品上的支出减少。”<b>插入一些数字</b></blockquote></p><p> New Street offered some figures to back up the 30% downside risk. According to the analyst, 2022 iPhone shipments would land at 190 million units, at the mid-point of the guidance range.</p><p><blockquote>New Street提供了一些数据来支持30%的下行风险。该分析师表示,2022年iPhone出货量将达到1.9亿部,处于指导范围的中点。</blockquote></p><p> If ASPs (average selling prices) remain elevated, as they have been in the first two quarters of fiscal 2021, the bear case points at next-year iPhone revenues of around $150 billion. At these levels, iPhone sales would have increased by a modest 5% per year through the COVID-19 crisis and pandemic recovery, against what I estimate to be nearly 20% consensus growth.</p><p><blockquote>如果ASP(平均售价)保持在较高水平,就像2021财年前两个季度的情况一样,看跌情况表明明年iPhone的收入约为1500亿美元。按照这些水平,在COVID-19危机和大流行复苏期间,iPhone销量每年将小幅增长5%,而我估计市场普遍增长近20%。</blockquote></p><p> Considering how relevant the iPhone still is to Apple’s financial performance (50% of total company sales in fiscal 2020), low growth prospects would likely lead to valuation compression. The double whammy would come in the form of consensus-lagging EPS, a combination of which would be needed to support New Street’s $90 share price target.</p><p><blockquote>考虑到iPhone与苹果财务业绩的相关性(2020财年占公司总销售额的50%),低增长前景可能会导致估值压缩。双重打击将以落后于共识的每股收益的形式出现,需要两者的结合来支持New Street 90美元的股价目标。</blockquote></p><p> <b>The Apple Maven’s opinion</b></p><p><blockquote><b>苹果专家的意见</b></blockquote></p><p> One thing is clear: stock prices can swing wildly and correct sharply. Apple stock is no stranger to painful pullbacks. Shares have dipped by 40% or more from the peak (12% currently, plus the nearly 30% decline expected by New Street) several times before, as the chart below suggests.</p><p><blockquote>有一点是明确的:股价可能会剧烈波动并大幅回调。苹果股票对痛苦的回调并不陌生。如下图所示,股价此前曾多次较峰值下跌40%或更多(目前为12%,加上New Street预计的近30%的跌幅)。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/065aa03f398ac3a8622598724e214a02\" tg-width=\"665\" tg-height=\"398\"><span>Figure 2: Maximum drawdown in AAPL since IPO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2:AAPL自IPO以来的最大回撤。</span></p></blockquote></p><p> But quite a bit would have to go wrong, in my opinion, for AAPL to return to $90 – levels not seen since the thick of the pandemic. From higher ASPs in 2021 to increased sales well past the peak of the stay-at-home buying spree, the iPhone seems to be experiencing a secular, not temporary increase in demand.</p><p><blockquote>但在我看来,AAPL要回到90美元——这是自疫情最严重时期以来从未见过的水平,还需要出很多问题。从2021年更高的平均售价到远远超过居家购买热潮高峰的销量增长,iPhone似乎正在经历长期而非暂时的需求增长。</blockquote></p><p> Weakness in iPhone would likely need to come along muted results in other segments as well. In other words, Apple’s troubles would have to be broader, rather than product specific. To me, this would only be possible under two key assumptions:</p><p><blockquote>iPhone的疲软可能也需要伴随着其他细分市场的疲软业绩。换句话说,苹果的麻烦必须更广泛,而不是特定产品。对我来说,这只有在两个关键假设下才有可能:</blockquote></p><p> <ul> <li>The post-pandemic “return to normal” will, indeed, cause discretionary spending to shift meaningfully away from tech devices and services – which I am skeptical about;</li> <li>The economy will endure a double-dip recession that cannot be remedied as well by fiscal and monetary stimuli –something that I also believe to be of low probability.</li> </ul> At the end of the day, AAPL $90 is possible – just not highly likely, in my view.</p><p><blockquote><ul><li>大流行后的“恢复正常”确实会导致可自由支配支出有意义地从科技设备和服务转移——我对此持怀疑态度;</li><li>经济将经历一场双底衰退,财政和货币刺激无法很好地补救——我也认为这种情况不太可能发生。</li></ul>归根结底,AAPL 90美元是有可能的——但在我看来可能性不大。</blockquote></p><p></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>Apple Stock To Sink 30%? Inside The Mind Of A Bear<blockquote>苹果股价将下跌30%?在熊的脑海里</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nApple Stock To Sink 30%? Inside The Mind Of A Bear<blockquote>苹果股价将下跌30%?在熊的脑海里</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-06-01 19:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>There is a new bear roaming the Apple orchard. Could Apple stock dip about 30% from current levels, as one Wall Street analyst argues?</p><p><blockquote>有一只新熊在苹果果园游荡。正如一位华尔街分析师所说,苹果股价会比当前水平下跌约30%吗?</blockquote></p><p> Anew bear has emerged from its cave. New Street’s Pierre Ferragu believes that Apple stock is now a sell, downgraded from his previous neutral stance, and that shares could sink by nearly 30% from current levels to only $90.</p><p><blockquote>一只新的熊从洞穴中出现了。New Street的Pierre Ferragu认为,苹果股票现在处于卖出状态,较之前的中性立场有所下调,股价可能会从当前水平下跌近30%,至仅90美元。</blockquote></p><p> The Apple Maven gets inside the mind of this Wall Street skeptic to better understand the potential risks of investing in Apple stock today.</p><p><blockquote>这位苹果专家深入了解了这位华尔街怀疑论者的内心,以更好地了解当今投资苹果股票的潜在风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd3a0c90859283b1acacd5c5258f1e15\" tg-width=\"1240\" tg-height=\"827\"><span>Figure 1: Wall Street bear.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:华尔街熊。</span></p></blockquote></p><p> <b>“12S cycle” coming up?</b></p><p><blockquote><b>“12S周期”即将来临?</b></blockquote></p><p> New Street is effectively the only true Apple bear on Wall Street today. Famed skeptic Rod Hall, at Goldman Sachs, finally threw in the towel after the Cupertino company delivered a record-breaking fiscal second quarter. Wolfe Research’s Jeff Kvaal maintains his sell rating, but at a high price target of $125 that suggests minimal downside risk.</p><p><blockquote>新街实际上是当今华尔街唯一真正的苹果空头。高盛(Goldman Sachs)著名怀疑论者罗德·霍尔(Rod Hall)在这家库比蒂诺公司第二财季业绩破纪录后终于认输了。Wolfe Research的Jeff Kvaal维持卖出评级,但目标价为125美元,表明下行风险最小。</blockquote></p><p> Pierre Ferragu goes deeper. In his view, the best of Apple’s iPhone upgrade wave, the so-called 5G super cycle, has been left in the rearview mirror. The point was reinforced by the analyst’s views that the Cupertino company’s upcoming smartphone will probably be a “12S model” with limited updates.</p><p><blockquote>皮埃尔·费拉古更深入。在他看来,苹果iPhone升级浪潮中最好的部分,即所谓的5G超级周期,已经被抛在了后视镜中。分析师的观点强化了这一点,即这家库比蒂诺公司即将推出的智能手机可能是更新有限的“12S型号”。</blockquote></p><p> In addition to an underwhelming 2021 iPhone model in the pipeline, Mr. Ferragu’s bearish thesis is further illustrated by his quote below:</p><p><blockquote>除了即将推出的2021年iPhone机型令人印象深刻之外,Ferragu先生下面的引述进一步说明了他的悲观论点:</blockquote></p><p> “The key question is how things shape up for next year, as the current super cycle has brought forward demand […] and consumers spend less on consumer electronics as the economy re-opens.” <b>Plugging some numbers</b></p><p><blockquote>“关键问题是明年的情况如何,因为当前的超级周期带来了需求[……],而且随着经济重新开放,消费者在消费电子产品上的支出减少。”<b>插入一些数字</b></blockquote></p><p> New Street offered some figures to back up the 30% downside risk. According to the analyst, 2022 iPhone shipments would land at 190 million units, at the mid-point of the guidance range.</p><p><blockquote>New Street提供了一些数据来支持30%的下行风险。该分析师表示,2022年iPhone出货量将达到1.9亿部,处于指导范围的中点。</blockquote></p><p> If ASPs (average selling prices) remain elevated, as they have been in the first two quarters of fiscal 2021, the bear case points at next-year iPhone revenues of around $150 billion. At these levels, iPhone sales would have increased by a modest 5% per year through the COVID-19 crisis and pandemic recovery, against what I estimate to be nearly 20% consensus growth.</p><p><blockquote>如果ASP(平均售价)保持在较高水平,就像2021财年前两个季度的情况一样,看跌情况表明明年iPhone的收入约为1500亿美元。按照这些水平,在COVID-19危机和大流行复苏期间,iPhone销量每年将小幅增长5%,而我估计市场普遍增长近20%。</blockquote></p><p> Considering how relevant the iPhone still is to Apple’s financial performance (50% of total company sales in fiscal 2020), low growth prospects would likely lead to valuation compression. The double whammy would come in the form of consensus-lagging EPS, a combination of which would be needed to support New Street’s $90 share price target.</p><p><blockquote>考虑到iPhone与苹果财务业绩的相关性(2020财年占公司总销售额的50%),低增长前景可能会导致估值压缩。双重打击将以落后于共识的每股收益的形式出现,需要两者的结合来支持New Street 90美元的股价目标。</blockquote></p><p> <b>The Apple Maven’s opinion</b></p><p><blockquote><b>苹果专家的意见</b></blockquote></p><p> One thing is clear: stock prices can swing wildly and correct sharply. Apple stock is no stranger to painful pullbacks. Shares have dipped by 40% or more from the peak (12% currently, plus the nearly 30% decline expected by New Street) several times before, as the chart below suggests.</p><p><blockquote>有一点是明确的:股价可能会剧烈波动并大幅回调。苹果股票对痛苦的回调并不陌生。如下图所示,股价此前曾多次较峰值下跌40%或更多(目前为12%,加上New Street预计的近30%的跌幅)。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/065aa03f398ac3a8622598724e214a02\" tg-width=\"665\" tg-height=\"398\"><span>Figure 2: Maximum drawdown in AAPL since IPO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2:AAPL自IPO以来的最大回撤。</span></p></blockquote></p><p> But quite a bit would have to go wrong, in my opinion, for AAPL to return to $90 – levels not seen since the thick of the pandemic. From higher ASPs in 2021 to increased sales well past the peak of the stay-at-home buying spree, the iPhone seems to be experiencing a secular, not temporary increase in demand.</p><p><blockquote>但在我看来,AAPL要回到90美元——这是自疫情最严重时期以来从未见过的水平,还需要出很多问题。从2021年更高的平均售价到远远超过居家购买热潮高峰的销量增长,iPhone似乎正在经历长期而非暂时的需求增长。</blockquote></p><p> Weakness in iPhone would likely need to come along muted results in other segments as well. In other words, Apple’s troubles would have to be broader, rather than product specific. To me, this would only be possible under two key assumptions:</p><p><blockquote>iPhone的疲软可能也需要伴随着其他细分市场的疲软业绩。换句话说,苹果的麻烦必须更广泛,而不是特定产品。对我来说,这只有在两个关键假设下才有可能:</blockquote></p><p> <ul> <li>The post-pandemic “return to normal” will, indeed, cause discretionary spending to shift meaningfully away from tech devices and services – which I am skeptical about;</li> <li>The economy will endure a double-dip recession that cannot be remedied as well by fiscal and monetary stimuli –something that I also believe to be of low probability.</li> </ul> At the end of the day, AAPL $90 is possible – just not highly likely, in my view.</p><p><blockquote><ul><li>大流行后的“恢复正常”确实会导致可自由支配支出有意义地从科技设备和服务转移——我对此持怀疑态度;</li><li>经济将经历一场双底衰退,财政和货币刺激无法很好地补救——我也认为这种情况不太可能发生。</li></ul>归根结底,AAPL 90美元是有可能的——但在我看来可能性不大。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/apple/stock/apple-stock-to-sink-30-inside-the-mind-of-a-bear\">TheStreet</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-to-sink-30-inside-the-mind-of-a-bear","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107522849","content_text":"There is a new bear roaming the Apple orchard. Could Apple stock dip about 30% from current levels, as one Wall Street analyst argues?\nAnew bear has emerged from its cave. New Street’s Pierre Ferragu believes that Apple stock is now a sell, downgraded from his previous neutral stance, and that shares could sink by nearly 30% from current levels to only $90.\nThe Apple Maven gets inside the mind of this Wall Street skeptic to better understand the potential risks of investing in Apple stock today.\nFigure 1: Wall Street bear.\n“12S cycle” coming up?\nNew Street is effectively the only true Apple bear on Wall Street today. Famed skeptic Rod Hall, at Goldman Sachs, finally threw in the towel after the Cupertino company delivered a record-breaking fiscal second quarter. Wolfe Research’s Jeff Kvaal maintains his sell rating, but at a high price target of $125 that suggests minimal downside risk.\nPierre Ferragu goes deeper. In his view, the best of Apple’s iPhone upgrade wave, the so-called 5G super cycle, has been left in the rearview mirror. The point was reinforced by the analyst’s views that the Cupertino company’s upcoming smartphone will probably be a “12S model” with limited updates.\nIn addition to an underwhelming 2021 iPhone model in the pipeline, Mr. Ferragu’s bearish thesis is further illustrated by his quote below:\n\n “The key question is how things shape up for next year, as the current super cycle has brought forward demand […] and consumers spend less on consumer electronics as the economy re-opens.”\n\nPlugging some numbers\nNew Street offered some figures to back up the 30% downside risk. According to the analyst, 2022 iPhone shipments would land at 190 million units, at the mid-point of the guidance range.\nIf ASPs (average selling prices) remain elevated, as they have been in the first two quarters of fiscal 2021, the bear case points at next-year iPhone revenues of around $150 billion. At these levels, iPhone sales would have increased by a modest 5% per year through the COVID-19 crisis and pandemic recovery, against what I estimate to be nearly 20% consensus growth.\nConsidering how relevant the iPhone still is to Apple’s financial performance (50% of total company sales in fiscal 2020), low growth prospects would likely lead to valuation compression. The double whammy would come in the form of consensus-lagging EPS, a combination of which would be needed to support New Street’s $90 share price target.\nThe Apple Maven’s opinion\nOne thing is clear: stock prices can swing wildly and correct sharply. Apple stock is no stranger to painful pullbacks. Shares have dipped by 40% or more from the peak (12% currently, plus the nearly 30% decline expected by New Street) several times before, as the chart below suggests.\nFigure 2: Maximum drawdown in AAPL since IPO.\nBut quite a bit would have to go wrong, in my opinion, for AAPL to return to $90 – levels not seen since the thick of the pandemic. From higher ASPs in 2021 to increased sales well past the peak of the stay-at-home buying spree, the iPhone seems to be experiencing a secular, not temporary increase in demand.\nWeakness in iPhone would likely need to come along muted results in other segments as well. In other words, Apple’s troubles would have to be broader, rather than product specific. To me, this would only be possible under two key assumptions:\n\nThe post-pandemic “return to normal” will, indeed, cause discretionary spending to shift meaningfully away from tech devices and services – which I am skeptical about;\nThe economy will endure a double-dip recession that cannot be remedied as well by fiscal and monetary stimuli –something that I also believe to be of low probability.\n\nAt the end of the day, AAPL $90 is possible – just not highly likely, in my view.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346280513,"gmtCreate":1618046990532,"gmtModify":1634295067407,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Suck them all in!","listText":"Suck them all in!","text":"Suck them all in!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346280513","repostId":"1110282623","repostType":4,"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354294816,"gmtCreate":1617176146335,"gmtModify":1634522255188,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Both. Good growth ahead!","listText":"Both. Good growth ahead!","text":"Both. Good growth ahead!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354294816","repostId":"1116246503","repostType":4,"repost":{"id":"1116246503","kind":"news","pubTimestamp":1617169766,"share":"https://www.laohu8.com/m/news/1116246503?lang=zh_CN&edition=full","pubTime":"2021-03-31 13:49","market":"us","language":"en","title":"Apple Or Tesla Stock: Which Is The Best Buy-On-Dip Play?<blockquote>苹果或特斯拉股票:哪一个是最好的逢低买入?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116246503","media":"The street","summary":"After a killer 2020, Apple and Tesla stocks have been underperforming this year. The Apple Maven loo","content":"<p>After a killer 2020, Apple and Tesla stocks have been underperforming this year. The Apple Maven looks at valuations and catalysts to assess which, if any, might be the best opportunity on the pullback.</p><p><blockquote>在经历了杀手级的2020年之后,苹果和特斯拉的股票今年表现不佳。这位苹果专家着眼于估值和催化剂,以评估哪些(如果有)可能是回调的最佳机会。</blockquote></p><p> Two highflyers last year, Apple and Tesla stockshave been having a much tougher 2021compared to the S&P 500.</p><p><blockquote>与标普500相比,苹果和特斯拉这两只去年雄心勃勃的股票在2021年的表现要艰难得多。</blockquote></p><p> Shares of the Cupertino company have been down 9% year-to-date and 15% from the late January all-time high. The stock of the electric vehicle maker has corrected even more: 12% in 2021 and a whopping 30% from the peak.</p><p><blockquote>这家库比蒂诺公司的股价今年迄今已下跌9%,较1月底的历史高点下跌15%。这家电动汽车制造商的股价回调幅度更大:2021年上涨12%,较峰值上涨30%。</blockquote></p><p> Growth investors must be asking themselves if now is a good time to buy either Apple stock or Tesla stock on weakness. If so, which of them is the better buy?</p><p><blockquote>成长型投资者必须问自己,现在是否是在疲软时买入苹果股票或特斯拉股票的好时机。如果有,哪一个更好买?</blockquote></p><p> Without having the ability to look into a crystal ball and tell what will happen to these tech stocks in the future, the Apple Maven tries to answer the question from two angles: valuation and catalysts.</p><p><blockquote>由于没有能力观察水晶球并判断这些科技股未来会发生什么,这位苹果专家试图从两个角度来回答这个问题:估值和催化剂。</blockquote></p><p> Valuations: not a bargain</p><p><blockquote>估值:不便宜</blockquote></p><p> Despite the noticeable pullback in both Apple and Tesla shares, neither can be considered a bargain.</p><p><blockquote>尽管苹果和特斯拉的股价都明显回调,但两者都不能被认为是便宜货。</blockquote></p><p> Apple stock currently trades at a current-year earnings ratio (also known as P/E) of about 28 times. This is about four turns below the peak 2021 valuation multiple, reached a mere two months ago.</p><p><blockquote>苹果股票目前的市盈率(也称为P/E)约为28倍。这比两个月前达到的2021年估值倍数峰值低了约四倍。</blockquote></p><p> However, rarely in history has Apple traded at such rich multiples, even after the modest decline in the first quarter. To be clear, an argument can be made for why Apple now deserves a higher valuation multiple, including:</p><p><blockquote>然而,即使在第一季度小幅下跌之后,苹果的市盈率也很少如此之高。需要明确的是,为什么苹果现在应该获得更高的估值倍数,包括:</blockquote></p><p> <ul> <li>More aggressive multi-year growth expectations in iPhone salesthrough the 5G supercycle;</li> <li>Heavier revenue mix of more stable, higher margin service segment;</li> <li>The rebirth of two product categories believed to be in secular decline: the Mac and iPad;</li> <li>Short terminterest rates near zero, which justifies more aggressive bets in risk assets.</li> </ul> In the case of Tesla stock, valuations look even richer. The 2021 P/E has decreased quite a bit from a top of over 250 times, at the end of last year. Still, at nearly 150 times, few can reasonably claim Tesla’s to be a low current-year earnings multiple.</p><p><blockquote><ul><li>在5G超级周期中,iPhone销量的多年增长预期更加积极;</li><li>更稳定、利润率更高的服务部门的更重收入组合;</li><li>两个被认为长期衰落的产品类别的重生:Mac和iPad;</li><li>短期利率接近于零,这证明了对风险资产进行更积极押注的合理性。</li></ul>就特斯拉股票而言,估值看起来更加丰厚。2021年市盈率较去年年底超过250倍的峰值下降了不少。尽管如此,在近150倍的市盈率下,很少有人能合理地声称特斯拉的本年度市盈率较低。</blockquote></p><p> Here is a fun fact: the electric car giant sells only about 500,000 vehicle per year, while GM sold 13 times this many in 2020. Yet, Tesla’s equity is valued at over half a trillion dollars, seven times more than GM’s market cap.</p><p><blockquote>这里有一个有趣的事实:这家电动汽车巨头每年仅售出约50万辆汽车,而通用汽车2020年的销量是这个数字的13倍。然而,特斯拉的股票价值超过5000亿美元,是通用汽车市值的七倍。</blockquote></p><p> The problem is that quantifying the investment opportunity in Tesla through the conventional methods makes little sense. To understand how Tesla’s value might be reasonable (and, who knows, even understated), one must look much farther into the future.</p><p><blockquote>问题是,通过传统方法量化特斯拉的投资机会没有什么意义。要理解特斯拉的价值可能是合理的(谁知道呢,甚至是被低估的),人们必须放眼更远的未来。</blockquote></p><p> This is exactly what Cathie Woods’ARK Investhas done. The firm thinks that TSLA can reach its price target of $3,000 within 5 years, for an upside opportunity of 400%. The catch, however, is that ARK has to look at 2025 projected earnings. Only then can the firm apply a much more reasonable EV/EBITDA (another common valuation metric) of 16 times, compared to today’s aggressive 64 times multiple, to justify its bullish call.</p><p><blockquote>这正是Cathie Woods的ARK Investhas所做的。该公司认为TSLA可以在5年内达到3000美元的目标价,上涨机会为400%。然而,问题在于ARK必须考虑2025年的预计收益。只有到那时,该公司才能采用更合理的EV/EBITDA(另一个常见的估值指标)16倍(与当今激进的64倍相比)来证明其看涨看涨期权的合理性。</blockquote></p><p> Catalysts: plenty on both sides</p><p><blockquote>催化剂:双方都有很多</blockquote></p><p> Valuation alone is not enough to determine which stock is a better buy-on-weakness play. In fact, catalysts are often the most important factor in moving stock prices in the short-to-medium terms.</p><p><blockquote>仅靠估值不足以确定哪只股票更适合逢低买入。事实上,催化剂往往是中短期内影响股价的最重要因素。</blockquote></p><p> The Cupertino company’s stock price could benefit from several bullish developments in the foreseeable future:</p><p><blockquote>在可预见的未来,库比蒂诺公司的股价可能会受益于几项看涨发展:</blockquote></p><p> <ul> <li>Ironically, one of Apple’s key catalysts might be entering Tesla’s turf.The announcement of the Apple Car, if it happens soon, could be a major stock price mover;</li> <li>Apple has barely tapped the augmented (AR) and virtual reality (VR) opportunities. Thelaunch of a mixed reality device in 2022could be good news for the wearables segment and the stock;</li> <li>Shouldthe 5G supercyle prove to be strong, fiscal 2021 financial results will start to reflect it through robust iPhone 12 sales;</li> </ul> But when it comes to catalysts, Tesla probably shines brighter than Apple. Back to ARK’s investment thesis, even the firm’s more bearish case (let alone the bullish one) assumes that CEO Elon Musk’s company is staring at several key catalysts that could send the stock much higher:</p><p><blockquote><ul><li>具有讽刺意味的是,苹果的关键催化剂之一可能正在进入特斯拉的地盘。苹果汽车的发布如果很快发生,可能会成为股价的主要推动者;</li><li>苹果几乎没有利用增强(AR)和虚拟现实(VR)的机会。2022年混合现实设备的推出对于可穿戴设备领域和股票来说可能是个好消息;</li><li>如果5G超级周期被证明是强劲的,2021财年的财务业绩将开始通过强劲的iPhone 12销售反映出来;</li></ul>但说到催化剂,特斯拉可能比苹果更耀眼。回到ARK的投资论点,即使是该公司更悲观的情况(更不用说看涨的情况)也假设首席执行官埃隆·马斯克的公司正在关注几个可能导致股价大幅上涨的关键催化剂:</blockquote></p><p> <ul> <li>A highly anticipated, rapid increase in electric car market share (relative to combustion engine vehicles) leading to substantially higher EV revenues;</li> <li>The launch of a ride-hail service business – either human-driven or, much better, autonomous;</li> <li>The expansion of Tesla’s insurance business, possibly at better-than-industry margins, due to the detailed driving data that the company collects.</li> </ul> The verdict</p><p><blockquote><ul><li>备受期待的电动汽车市场份额(相对于内燃机汽车)的快速增长导致电动汽车收入大幅增加;</li><li>推出叫车服务业务——要么是人工驱动的,要么是更好的自动驾驶;</li><li>由于该公司收集了详细的驾驶数据,特斯拉保险业务的扩张可能会好于行业利润率。</li></ul>判决</blockquote></p><p></p><p> It is hard to pin down the best buy-on-dip opportunity between Apple and Tesla stock, since the future is so uncertain. But in my view, Apple probably makes for a more conservative play due to more de-risked valuations and less aggressive growth profile. Tesla seems to be the higher risk, higher reward alternative for investors looking for a “higher octane” investment opportunity.</p><p><blockquote>由于未来如此不确定,很难确定苹果和特斯拉股票之间的最佳逢低买入机会。但在我看来,由于估值风险更低且增长状况不那么激进,苹果可能会采取更加保守的策略。对于寻求“更高辛烷值”投资机会的投资者来说,特斯拉似乎是风险更高、回报更高的选择。</blockquote></p><p></p>","source":"lsy1610613172068","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>Apple Or Tesla Stock: Which Is The Best Buy-On-Dip Play?<blockquote>苹果或特斯拉股票:哪一个是最好的逢低买入?</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nApple Or Tesla Stock: Which Is The Best Buy-On-Dip Play?<blockquote>苹果或特斯拉股票:哪一个是最好的逢低买入?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The street</strong><span class=\"h-time small\">2021-03-31 13:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a killer 2020, Apple and Tesla stocks have been underperforming this year. The Apple Maven looks at valuations and catalysts to assess which, if any, might be the best opportunity on the pullback.</p><p><blockquote>在经历了杀手级的2020年之后,苹果和特斯拉的股票今年表现不佳。这位苹果专家着眼于估值和催化剂,以评估哪些(如果有)可能是回调的最佳机会。</blockquote></p><p> Two highflyers last year, Apple and Tesla stockshave been having a much tougher 2021compared to the S&P 500.</p><p><blockquote>与标普500相比,苹果和特斯拉这两只去年雄心勃勃的股票在2021年的表现要艰难得多。</blockquote></p><p> Shares of the Cupertino company have been down 9% year-to-date and 15% from the late January all-time high. The stock of the electric vehicle maker has corrected even more: 12% in 2021 and a whopping 30% from the peak.</p><p><blockquote>这家库比蒂诺公司的股价今年迄今已下跌9%,较1月底的历史高点下跌15%。这家电动汽车制造商的股价回调幅度更大:2021年上涨12%,较峰值上涨30%。</blockquote></p><p> Growth investors must be asking themselves if now is a good time to buy either Apple stock or Tesla stock on weakness. If so, which of them is the better buy?</p><p><blockquote>成长型投资者必须问自己,现在是否是在疲软时买入苹果股票或特斯拉股票的好时机。如果有,哪一个更好买?</blockquote></p><p> Without having the ability to look into a crystal ball and tell what will happen to these tech stocks in the future, the Apple Maven tries to answer the question from two angles: valuation and catalysts.</p><p><blockquote>由于没有能力观察水晶球并判断这些科技股未来会发生什么,这位苹果专家试图从两个角度来回答这个问题:估值和催化剂。</blockquote></p><p> Valuations: not a bargain</p><p><blockquote>估值:不便宜</blockquote></p><p> Despite the noticeable pullback in both Apple and Tesla shares, neither can be considered a bargain.</p><p><blockquote>尽管苹果和特斯拉的股价都明显回调,但两者都不能被认为是便宜货。</blockquote></p><p> Apple stock currently trades at a current-year earnings ratio (also known as P/E) of about 28 times. This is about four turns below the peak 2021 valuation multiple, reached a mere two months ago.</p><p><blockquote>苹果股票目前的市盈率(也称为P/E)约为28倍。这比两个月前达到的2021年估值倍数峰值低了约四倍。</blockquote></p><p> However, rarely in history has Apple traded at such rich multiples, even after the modest decline in the first quarter. To be clear, an argument can be made for why Apple now deserves a higher valuation multiple, including:</p><p><blockquote>然而,即使在第一季度小幅下跌之后,苹果的市盈率也很少如此之高。需要明确的是,为什么苹果现在应该获得更高的估值倍数,包括:</blockquote></p><p> <ul> <li>More aggressive multi-year growth expectations in iPhone salesthrough the 5G supercycle;</li> <li>Heavier revenue mix of more stable, higher margin service segment;</li> <li>The rebirth of two product categories believed to be in secular decline: the Mac and iPad;</li> <li>Short terminterest rates near zero, which justifies more aggressive bets in risk assets.</li> </ul> In the case of Tesla stock, valuations look even richer. The 2021 P/E has decreased quite a bit from a top of over 250 times, at the end of last year. Still, at nearly 150 times, few can reasonably claim Tesla’s to be a low current-year earnings multiple.</p><p><blockquote><ul><li>在5G超级周期中,iPhone销量的多年增长预期更加积极;</li><li>更稳定、利润率更高的服务部门的更重收入组合;</li><li>两个被认为长期衰落的产品类别的重生:Mac和iPad;</li><li>短期利率接近于零,这证明了对风险资产进行更积极押注的合理性。</li></ul>就特斯拉股票而言,估值看起来更加丰厚。2021年市盈率较去年年底超过250倍的峰值下降了不少。尽管如此,在近150倍的市盈率下,很少有人能合理地声称特斯拉的本年度市盈率较低。</blockquote></p><p> Here is a fun fact: the electric car giant sells only about 500,000 vehicle per year, while GM sold 13 times this many in 2020. Yet, Tesla’s equity is valued at over half a trillion dollars, seven times more than GM’s market cap.</p><p><blockquote>这里有一个有趣的事实:这家电动汽车巨头每年仅售出约50万辆汽车,而通用汽车2020年的销量是这个数字的13倍。然而,特斯拉的股票价值超过5000亿美元,是通用汽车市值的七倍。</blockquote></p><p> The problem is that quantifying the investment opportunity in Tesla through the conventional methods makes little sense. To understand how Tesla’s value might be reasonable (and, who knows, even understated), one must look much farther into the future.</p><p><blockquote>问题是,通过传统方法量化特斯拉的投资机会没有什么意义。要理解特斯拉的价值可能是合理的(谁知道呢,甚至是被低估的),人们必须放眼更远的未来。</blockquote></p><p> This is exactly what Cathie Woods’ARK Investhas done. The firm thinks that TSLA can reach its price target of $3,000 within 5 years, for an upside opportunity of 400%. The catch, however, is that ARK has to look at 2025 projected earnings. Only then can the firm apply a much more reasonable EV/EBITDA (another common valuation metric) of 16 times, compared to today’s aggressive 64 times multiple, to justify its bullish call.</p><p><blockquote>这正是Cathie Woods的ARK Investhas所做的。该公司认为TSLA可以在5年内达到3000美元的目标价,上涨机会为400%。然而,问题在于ARK必须考虑2025年的预计收益。只有到那时,该公司才能采用更合理的EV/EBITDA(另一个常见的估值指标)16倍(与当今激进的64倍相比)来证明其看涨看涨期权的合理性。</blockquote></p><p> Catalysts: plenty on both sides</p><p><blockquote>催化剂:双方都有很多</blockquote></p><p> Valuation alone is not enough to determine which stock is a better buy-on-weakness play. In fact, catalysts are often the most important factor in moving stock prices in the short-to-medium terms.</p><p><blockquote>仅靠估值不足以确定哪只股票更适合逢低买入。事实上,催化剂往往是中短期内影响股价的最重要因素。</blockquote></p><p> The Cupertino company’s stock price could benefit from several bullish developments in the foreseeable future:</p><p><blockquote>在可预见的未来,库比蒂诺公司的股价可能会受益于几项看涨发展:</blockquote></p><p> <ul> <li>Ironically, one of Apple’s key catalysts might be entering Tesla’s turf.The announcement of the Apple Car, if it happens soon, could be a major stock price mover;</li> <li>Apple has barely tapped the augmented (AR) and virtual reality (VR) opportunities. Thelaunch of a mixed reality device in 2022could be good news for the wearables segment and the stock;</li> <li>Shouldthe 5G supercyle prove to be strong, fiscal 2021 financial results will start to reflect it through robust iPhone 12 sales;</li> </ul> But when it comes to catalysts, Tesla probably shines brighter than Apple. Back to ARK’s investment thesis, even the firm’s more bearish case (let alone the bullish one) assumes that CEO Elon Musk’s company is staring at several key catalysts that could send the stock much higher:</p><p><blockquote><ul><li>具有讽刺意味的是,苹果的关键催化剂之一可能正在进入特斯拉的地盘。苹果汽车的发布如果很快发生,可能会成为股价的主要推动者;</li><li>苹果几乎没有利用增强(AR)和虚拟现实(VR)的机会。2022年混合现实设备的推出对于可穿戴设备领域和股票来说可能是个好消息;</li><li>如果5G超级周期被证明是强劲的,2021财年的财务业绩将开始通过强劲的iPhone 12销售反映出来;</li></ul>但说到催化剂,特斯拉可能比苹果更耀眼。回到ARK的投资论点,即使是该公司更悲观的情况(更不用说看涨的情况)也假设首席执行官埃隆·马斯克的公司正在关注几个可能导致股价大幅上涨的关键催化剂:</blockquote></p><p> <ul> <li>A highly anticipated, rapid increase in electric car market share (relative to combustion engine vehicles) leading to substantially higher EV revenues;</li> <li>The launch of a ride-hail service business – either human-driven or, much better, autonomous;</li> <li>The expansion of Tesla’s insurance business, possibly at better-than-industry margins, due to the detailed driving data that the company collects.</li> </ul> The verdict</p><p><blockquote><ul><li>备受期待的电动汽车市场份额(相对于内燃机汽车)的快速增长导致电动汽车收入大幅增加;</li><li>推出叫车服务业务——要么是人工驱动的,要么是更好的自动驾驶;</li><li>由于该公司收集了详细的驾驶数据,特斯拉保险业务的扩张可能会好于行业利润率。</li></ul>判决</blockquote></p><p></p><p> It is hard to pin down the best buy-on-dip opportunity between Apple and Tesla stock, since the future is so uncertain. But in my view, Apple probably makes for a more conservative play due to more de-risked valuations and less aggressive growth profile. Tesla seems to be the higher risk, higher reward alternative for investors looking for a “higher octane” investment opportunity.</p><p><blockquote>由于未来如此不确定,很难确定苹果和特斯拉股票之间的最佳逢低买入机会。但在我看来,由于估值风险更低且增长状况不那么激进,苹果可能会采取更加保守的策略。对于寻求“更高辛烷值”投资机会的投资者来说,特斯拉似乎是风险更高、回报更高的选择。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/apple/news/apple-or-tesla-stock-which-is-the-best-buy-on-dip-play\">The street</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/apple-or-tesla-stock-which-is-the-best-buy-on-dip-play","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116246503","content_text":"After a killer 2020, Apple and Tesla stocks have been underperforming this year. The Apple Maven looks at valuations and catalysts to assess which, if any, might be the best opportunity on the pullback.\nTwo highflyers last year, Apple and Tesla stockshave been having a much tougher 2021compared to the S&P 500.\nShares of the Cupertino company have been down 9% year-to-date and 15% from the late January all-time high. The stock of the electric vehicle maker has corrected even more: 12% in 2021 and a whopping 30% from the peak.\nGrowth investors must be asking themselves if now is a good time to buy either Apple stock or Tesla stock on weakness. If so, which of them is the better buy?\nWithout having the ability to look into a crystal ball and tell what will happen to these tech stocks in the future, the Apple Maven tries to answer the question from two angles: valuation and catalysts.\nValuations: not a bargain\nDespite the noticeable pullback in both Apple and Tesla shares, neither can be considered a bargain.\nApple stock currently trades at a current-year earnings ratio (also known as P/E) of about 28 times. This is about four turns below the peak 2021 valuation multiple, reached a mere two months ago.\nHowever, rarely in history has Apple traded at such rich multiples, even after the modest decline in the first quarter. To be clear, an argument can be made for why Apple now deserves a higher valuation multiple, including:\n\nMore aggressive multi-year growth expectations in iPhone salesthrough the 5G supercycle;\nHeavier revenue mix of more stable, higher margin service segment;\nThe rebirth of two product categories believed to be in secular decline: the Mac and iPad;\nShort terminterest rates near zero, which justifies more aggressive bets in risk assets.\n\nIn the case of Tesla stock, valuations look even richer. The 2021 P/E has decreased quite a bit from a top of over 250 times, at the end of last year. Still, at nearly 150 times, few can reasonably claim Tesla’s to be a low current-year earnings multiple.\nHere is a fun fact: the electric car giant sells only about 500,000 vehicle per year, while GM sold 13 times this many in 2020. Yet, Tesla’s equity is valued at over half a trillion dollars, seven times more than GM’s market cap.\nThe problem is that quantifying the investment opportunity in Tesla through the conventional methods makes little sense. To understand how Tesla’s value might be reasonable (and, who knows, even understated), one must look much farther into the future.\nThis is exactly what Cathie Woods’ARK Investhas done. The firm thinks that TSLA can reach its price target of $3,000 within 5 years, for an upside opportunity of 400%. The catch, however, is that ARK has to look at 2025 projected earnings. Only then can the firm apply a much more reasonable EV/EBITDA (another common valuation metric) of 16 times, compared to today’s aggressive 64 times multiple, to justify its bullish call.\nCatalysts: plenty on both sides\nValuation alone is not enough to determine which stock is a better buy-on-weakness play. In fact, catalysts are often the most important factor in moving stock prices in the short-to-medium terms.\nThe Cupertino company’s stock price could benefit from several bullish developments in the foreseeable future:\n\nIronically, one of Apple’s key catalysts might be entering Tesla’s turf.The announcement of the Apple Car, if it happens soon, could be a major stock price mover;\nApple has barely tapped the augmented (AR) and virtual reality (VR) opportunities. Thelaunch of a mixed reality device in 2022could be good news for the wearables segment and the stock;\nShouldthe 5G supercyle prove to be strong, fiscal 2021 financial results will start to reflect it through robust iPhone 12 sales;\n\nBut when it comes to catalysts, Tesla probably shines brighter than Apple. Back to ARK’s investment thesis, even the firm’s more bearish case (let alone the bullish one) assumes that CEO Elon Musk’s company is staring at several key catalysts that could send the stock much higher:\n\nA highly anticipated, rapid increase in electric car market share (relative to combustion engine vehicles) leading to substantially higher EV revenues;\nThe launch of a ride-hail service business – either human-driven or, much better, autonomous;\nThe expansion of Tesla’s insurance business, possibly at better-than-industry margins, due to the detailed driving data that the company collects.\n\nThe verdict\nIt is hard to pin down the best buy-on-dip opportunity between Apple and Tesla stock, since the future is so uncertain. But in my view, Apple probably makes for a more conservative play due to more de-risked valuations and less aggressive growth profile. Tesla seems to be the higher risk, higher reward alternative for investors looking for a “higher octane” investment opportunity.","news_type":1,"symbols_score_info":{"TSLA":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351807769,"gmtCreate":1616580844951,"gmtModify":1634525098353,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Nice nice nice!","listText":"Nice nice nice!","text":"Nice nice nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/351807769","repostId":"1169987647","repostType":4,"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322028882,"gmtCreate":1615739957546,"gmtModify":1703492497125,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"This is highly speculative.","listText":"This is highly speculative.","text":"This is highly speculative.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/322028882","repostId":"2118557937","repostType":4,"isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326121213,"gmtCreate":1615604193532,"gmtModify":1703491524688,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Of course. What a monopoly too.","listText":"Of course. What a monopoly too.","text":"Of course. What a monopoly too.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/326121213","repostId":"1100027772","repostType":4,"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":858693666,"gmtCreate":1635041772985,"gmtModify":1635041773197,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BTU\">$Peabody Energy Corp(BTU)$</a>Another leg up coming for coal stocks.","listText":"<a href=\"https://laohu8.com/S/BTU\">$Peabody Energy Corp(BTU)$</a>Another leg up coming for coal stocks.","text":"$Peabody Energy Corp(BTU)$Another leg up coming for coal stocks.","images":[{"img":"https://static.tigerbbs.com/31b7a93379d0934f726a97192e4b0e1f","width":"750","height":"2271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858693666","isVote":1,"tweetType":1,"viewCount":2291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":172979697,"gmtCreate":1626931055719,"gmtModify":1631884410822,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Patient like an alligator.. accumulate on pullbacks. Uranium in an uptrend channel.","listText":"Patient like an alligator.. accumulate on pullbacks. Uranium in an uptrend channel.","text":"Patient like an alligator.. accumulate on pullbacks. Uranium in an uptrend channel.","images":[{"img":"https://static.tigerbbs.com/1a5c3c23efe3bfbad35c43cb67a4405c","width":"750","height":"1868"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172979697","isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153559872,"gmtCreate":1625037470296,"gmtModify":1633945571610,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"Why? Tesla is a different beast","listText":"Why? Tesla is a different beast","text":"Why? Tesla is a different beast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153559872","repostId":"2147558864","repostType":4,"repost":{"id":"2147558864","kind":"highlight","pubTimestamp":1625035341,"share":"https://www.laohu8.com/m/news/2147558864?lang=zh_CN&edition=full","pubTime":"2021-06-30 14:42","market":"us","language":"en","title":"Tesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示,特斯拉面临蔚来的压力,但这些是目前最好的电动汽车投资</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2147558864","media":"MarketWatch","summary":"Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.\n","content":"<p>Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.</p><p><blockquote>大众汽车、通用汽车和其他三家汽车制造商跻身瑞士银行瑞银最喜欢的电动汽车股票之列。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c016bc1ae9557413b5f6cc887e878cfe\" tg-width=\"1260\" tg-height=\"797\" referrerpolicy=\"no-referrer\"><span>Tesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.</span></p><p><blockquote><p class=\"t-img-caption\"><span>瑞银表示,由首席执行官Elon Musk领导的特斯拉仍然是电动汽车领域无可争议的领导者,但在多个方面面临越来越大的压力。</span></p></blockquote></p><p> Tesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.</p><p><blockquote>瑞银周二表示,特斯拉仍然是电动汽车领域的全球领导者,但在中国面临越来越大的压力,其他汽车制造商为热衷于利用这一增长趋势的投资者提供了更好的机会。</blockquote></p><p> Analysts at the Swiss bank <a href=\"https://laohu8.com/S/UBS\">$(UBS)$</a> cut their price target on Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.</p><p><blockquote>瑞士银行分析师<a href=\"https://laohu8.com/S/UBS\">$(瑞银)$</a>下调特斯拉的目标价<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>股价上涨10%,从730美元上涨至660美元,原因是中国的压力,以及特斯拉自动驾驶产品和Model Y在欧洲推出的延迟。</blockquote></p><p> \"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.</p><p><blockquote>“我们短期内的主要担忧是特斯拉在中国的需求势头正在放缓,我们的实地检查表明,国产品牌的纯电动汽车与特斯拉相比正在取得进一步的进展,这可能会引发特斯拉采取额外的定价行动,从而降低毛利率,”分析师Patrick Hummel表示。</blockquote></p><p> \"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.</p><p><blockquote>胡梅尔补充道:“竞争对手推出的电动汽车具有高续航里程、充电性能和有吸引力的性价比,可能会继续影响市场愿意赋予特斯拉长期增长的价值。”</blockquote></p><p> In China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, BYD , and XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>, which all show strong positive momentum, UBS said.</p><p><blockquote>在中国,由Elon Musk领导的电动汽车先驱公司面临着来自蔚来等国内制造商的激烈竞争<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>、比亚迪、小鹏汽车<a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>瑞银表示,所有这些都显示出强劲的积极势头。</blockquote></p><p> Now that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.</p><p><blockquote>既然大多数主要汽车制造商都决定全力发展电动汽车,新产品线的雄心勃勃的目标是全球最大的汽车公司中反复出现的主题,瑞银指出了四个可能推动汽车股表现优异的因素。</blockquote></p><p> They are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.</p><p><blockquote>它们是:强劲的电动汽车销售曲线、结晶的投资组合价值、出色的区域和细分市场敞口以及转嫁大宗商品价格上涨的能力。</blockquote></p><p> Using these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.</p><p><blockquote>利用这些因素,瑞银的分析师发现,欧洲电动汽车领导者、特斯拉最激烈的竞争对手大众XE:VOW(#phrase-company?ref=company%7CXE%3AVOW;onlineSignificance=prominent)得分最高。</blockquote></p><p> UBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.</p><p><blockquote>瑞银将通用汽车股票的目标价(评级为买入)从75美元上调至79美元,大众汽车的目标价为300欧元(357美元)。通用汽车股票目前交易价格约为59美元,而大众汽车股票交易价格超过216欧元,这意味着两家公司都可以为投资者提供有吸引力的回报。</blockquote></p><p> South Korea's Hyundai is another company that could emerge as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, which it rates neutral, to $16 from $13.</p><p><blockquote>韩国现代汽车是另一家可能成为<a href=\"https://laohu8.com/S/AONE\">一</a>瑞银表示,随着市场意识到其资产价值,这是最好的重新评级故事之一。法国雷诺和中国理想汽车<a href=\"https://laohu8.com/S/LI\">$(LI)$</a>完成了瑞银最受青睐的五只电动汽车股票的名单。该行还上调了福特的目标价<a href=\"https://laohu8.com/S/F\">$(F)$</a>评级为中性,从13美元上调至16美元。</blockquote></p><p> The team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.</p><p><blockquote>瑞银的团队在最新的电动汽车消费者调查后仔细审视了行业格局,涉及全球最大电动汽车市场的11,000多名参与者。结果显示,“电动汽车的大规模采用是一个不可阻挡的趋势,并且势头迅速加速,”该团队总结道,43%的消费者可能会考虑购买全电动汽车,高于一年前的37%。</blockquote></p><p> For the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.</p><p><blockquote>瑞银表示,全电动汽车首次超过插电式混合动力汽车,美国消费者对电动汽车的热情增长最快。调查结束后,瑞银将2021年中国电动汽车销量预测从190万辆上调至250万辆,预计到2025年电动汽车将占全球汽车市场的20%,到2030年将占50%。</blockquote></p><p> Tesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.</p><p><blockquote>特斯拉仍然是瑞银账面上“无可争议的领导者”。胡梅尔表示,最近的消费者调查“对特斯拉来说全面稳健”,尽管“未来几个季度的势头可能更有利于拥有更繁忙发布渠道的竞争对手。”总之:特斯拉的领先优势正在缩小,投资者最好寻找其他高增长股票的机会。</blockquote></p><p></p>","source":"lsy1603348471595","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>Tesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示,特斯拉面临蔚来的压力,但这些是目前最好的电动汽车投资</blockquote></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; 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.h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\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\">\nTesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示,特斯拉面临蔚来的压力,但这些是目前最好的电动汽车投资</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-30 14:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.</p><p><blockquote>大众汽车、通用汽车和其他三家汽车制造商跻身瑞士银行瑞银最喜欢的电动汽车股票之列。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c016bc1ae9557413b5f6cc887e878cfe\" tg-width=\"1260\" tg-height=\"797\" referrerpolicy=\"no-referrer\"><span>Tesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.</span></p><p><blockquote><p class=\"t-img-caption\"><span>瑞银表示,由首席执行官Elon Musk领导的特斯拉仍然是电动汽车领域无可争议的领导者,但在多个方面面临越来越大的压力。</span></p></blockquote></p><p> Tesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.</p><p><blockquote>瑞银周二表示,特斯拉仍然是电动汽车领域的全球领导者,但在中国面临越来越大的压力,其他汽车制造商为热衷于利用这一增长趋势的投资者提供了更好的机会。</blockquote></p><p> Analysts at the Swiss bank <a href=\"https://laohu8.com/S/UBS\">$(UBS)$</a> cut their price target on Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.</p><p><blockquote>瑞士银行分析师<a href=\"https://laohu8.com/S/UBS\">$(瑞银)$</a>下调特斯拉的目标价<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>股价上涨10%,从730美元上涨至660美元,原因是中国的压力,以及特斯拉自动驾驶产品和Model Y在欧洲推出的延迟。</blockquote></p><p> \"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.</p><p><blockquote>“我们短期内的主要担忧是特斯拉在中国的需求势头正在放缓,我们的实地检查表明,国产品牌的纯电动汽车与特斯拉相比正在取得进一步的进展,这可能会引发特斯拉采取额外的定价行动,从而降低毛利率,”分析师Patrick Hummel表示。</blockquote></p><p> \"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.</p><p><blockquote>胡梅尔补充道:“竞争对手推出的电动汽车具有高续航里程、充电性能和有吸引力的性价比,可能会继续影响市场愿意赋予特斯拉长期增长的价值。”</blockquote></p><p> In China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, BYD , and XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>, which all show strong positive momentum, UBS said.</p><p><blockquote>在中国,由Elon Musk领导的电动汽车先驱公司面临着来自蔚来等国内制造商的激烈竞争<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>、比亚迪、小鹏汽车<a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>瑞银表示,所有这些都显示出强劲的积极势头。</blockquote></p><p> Now that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.</p><p><blockquote>既然大多数主要汽车制造商都决定全力发展电动汽车,新产品线的雄心勃勃的目标是全球最大的汽车公司中反复出现的主题,瑞银指出了四个可能推动汽车股表现优异的因素。</blockquote></p><p> They are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.</p><p><blockquote>它们是:强劲的电动汽车销售曲线、结晶的投资组合价值、出色的区域和细分市场敞口以及转嫁大宗商品价格上涨的能力。</blockquote></p><p> Using these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.</p><p><blockquote>利用这些因素,瑞银的分析师发现,欧洲电动汽车领导者、特斯拉最激烈的竞争对手大众XE:VOW(#phrase-company?ref=company%7CXE%3AVOW;onlineSignificance=prominent)得分最高。</blockquote></p><p> UBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.</p><p><blockquote>瑞银将通用汽车股票的目标价(评级为买入)从75美元上调至79美元,大众汽车的目标价为300欧元(357美元)。通用汽车股票目前交易价格约为59美元,而大众汽车股票交易价格超过216欧元,这意味着两家公司都可以为投资者提供有吸引力的回报。</blockquote></p><p> South Korea's Hyundai is another company that could emerge as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, which it rates neutral, to $16 from $13.</p><p><blockquote>韩国现代汽车是另一家可能成为<a href=\"https://laohu8.com/S/AONE\">一</a>瑞银表示,随着市场意识到其资产价值,这是最好的重新评级故事之一。法国雷诺和中国理想汽车<a href=\"https://laohu8.com/S/LI\">$(LI)$</a>完成了瑞银最受青睐的五只电动汽车股票的名单。该行还上调了福特的目标价<a href=\"https://laohu8.com/S/F\">$(F)$</a>评级为中性,从13美元上调至16美元。</blockquote></p><p> The team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.</p><p><blockquote>瑞银的团队在最新的电动汽车消费者调查后仔细审视了行业格局,涉及全球最大电动汽车市场的11,000多名参与者。结果显示,“电动汽车的大规模采用是一个不可阻挡的趋势,并且势头迅速加速,”该团队总结道,43%的消费者可能会考虑购买全电动汽车,高于一年前的37%。</blockquote></p><p> For the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.</p><p><blockquote>瑞银表示,全电动汽车首次超过插电式混合动力汽车,美国消费者对电动汽车的热情增长最快。调查结束后,瑞银将2021年中国电动汽车销量预测从190万辆上调至250万辆,预计到2025年电动汽车将占全球汽车市场的20%,到2030年将占50%。</blockquote></p><p> Tesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.</p><p><blockquote>特斯拉仍然是瑞银账面上“无可争议的领导者”。胡梅尔表示,最近的消费者调查“对特斯拉来说全面稳健”,尽管“未来几个季度的势头可能更有利于拥有更繁忙发布渠道的竞争对手。”总之:特斯拉的领先优势正在缩小,投资者最好寻找其他高增长股票的机会。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/tesla-is-under-pressure-from-nio-but-these-are-the-best-electric-vehicle-investments-right-now-says-ubs-11624980469?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","F":"福特汽车","TSLA":"特斯拉","002594":"比亚迪","NIO":"蔚来","XPEV":"小鹏汽车","HYMLY":"Hyundai Motor Co., Ltd.","USB":"美国合众银行","LI":"理想汽车","01211":"比亚迪股份"},"source_url":"https://www.marketwatch.com/story/tesla-is-under-pressure-from-nio-but-these-are-the-best-electric-vehicle-investments-right-now-says-ubs-11624980469?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147558864","content_text":"Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.\nTesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.\nTesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.\nAnalysts at the Swiss bank $(UBS)$ cut their price target on Tesla $(TSLA)$ stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.\n\"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.\n\"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.\nIn China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO $(NIO)$, BYD , and XPeng $(XPEV)$, which all show strong positive momentum, UBS said.\nNow that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.\nThey are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.\nUsing these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.\nUBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.\nSouth Korea's Hyundai is another company that could emerge as one of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto $(LI)$ rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford $(F)$, which it rates neutral, to $16 from $13.\nThe team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.\nFor the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.\nTesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.","news_type":1,"symbols_score_info":{"TSLA":0.9,"F":0.9,"002594":0.9,"01211":0.9,"NIO":0.9,"XPEV":0.9,"GM":0.9,"USB":0.9,"LI":0.9,"HYMLY":0.9}},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164318090,"gmtCreate":1624171180310,"gmtModify":1631889140645,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555541900193425","idStr":"3555541900193425"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BHK.SI\">$SIIC ENVIRONMENT HOLDINGS LTD.(BHK.SI)$</a>Water treatment.","listText":"<a href=\"https://laohu8.com/S/BHK.SI\">$SIIC ENVIRONMENT HOLDINGS LTD.(BHK.SI)$</a>Water treatment.","text":"$SIIC ENVIRONMENT HOLDINGS LTD.(BHK.SI)$Water treatment.","images":[{"img":"https://static.tigerbbs.com/1a326ad4c15bf5f3667be74e51760d54","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164318090","isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}