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2021-12-29

CDL is quite low now

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2021-12-29

Too risky

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2021-12-28

Support Spore company please

Grab stock climbed more than 3% in premarket trading<blockquote>Grab 股价在盘前交易中上涨超过 3%</blockquote>

2021-12-28

With China market , the share likely to grows faster

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2021-12-27

Wish you good luck

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2021-12-27

Really

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2021-12-27

Really ?

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2021-12-27

Not affecting me

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2021-12-26

Apple share is quote stable

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2021-12-24

Sea dharez will be back to $300 plus soon

Sea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</blockquote>

2021-12-23

Yes, agree

Grab Stock May Be Down But It Isn’t Out<blockquote>Grab 股票可能会下跌，但还没有下跌</blockquote>

2021-12-23

Getting !! Not now as the operation may affected by Omicron

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2021-12-22

Like

Tesla shares rose nearly 4% in premarket trading.<blockquote>特斯拉股价在盘前交易中上涨近4%。</blockquote>

2021-12-20

Those who had bought low can take profit & go

Society Pass surged nearly 70% in premarket trading<blockquote>Society Pass 盘前交易飙升近 70%</blockquote>

2021-12-20

Yes, waiting to buy at $200 supporting level

Sea Stock: Down 43% From Its High, is a Buy Now?<blockquote>Sea股票：较高点下跌43%，现在买入吗？</blockquote>

2021-12-19

Year 2035 ? That is 14 years later, anything can happen 14 years later.

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2021-12-17

Continue to going down please

Tesla continued to fall nearly 2% in premarket trading as Musk sold another 934,091 shares for $884.1 million on Thursday<blockquote>特斯拉在盘前交易中继续下跌近 2%，马斯克周四以 8.841 亿美元的价格出售了另外 934,091 股股票</blockquote>

2021-12-16

Like

Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote>

2021-12-16

Like

After a dazzling 2021, Apple and Tesla stocks are expected to be duds in 2022<blockquote>在经历了令人眼花缭乱的 2021 年之后，苹果和特斯拉的股票预计将在 2022 年表现不佳</blockquote>

2021-12-16

Property stocks will be affected by the cooling measures

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is quite low now&nbsp;","listText":"CDL is quite low now&nbsp;","text":"CDL is quite low now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696742076","repostId":"1111488964","repostType":4,"isVote":1,"tweetType":1,"viewCount":3675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696746281,"gmtCreate":1640781245452,"gmtModify":1640781332984,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Too risky","listText":"Too risky","text":"Too risky","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696746281","repostId":"2194435276","repostType":4,"isVote":1,"tweetType":1,"viewCount":3074,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696674040,"gmtCreate":1640695051375,"gmtModify":1640695052574,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Support Spore company please&nbsp;","listText":"Support Spore company please&nbsp;","text":"Support Spore company please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696674040","repostId":"1122789395","repostType":4,"repost":{"id":"1122789395","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":1640682350,"share":"https://www.laohunote.com/m/news/1122789395?lang=zh_CN&edition=full","pubTime":"2021-12-28 17:05","market":"us","language":"en","title":"Grab stock climbed more than 3% in premarket trading<blockquote>Grab 股价在盘前交易中上涨超过 3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122789395","media":"Tiger Newspress","summary":"Grab stock climbed more than 3% in premarket trading Tuesday after falling more than 3% yesterday.\n\n","content":"<p>Grab stock climbed more than 3% in premarket trading&nbsp;Tuesday&nbsp;after falling more than 3% yesterday.</p><p><blockquote>Grab 股价在昨天下跌超过 3% 后，周二盘前交易中上涨超过 3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7dfb400a3587d9cc0fba919a211e18a3\" tg-width=\"841\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Grab debuted on the Nasdaq following a deal with blank-check company&nbsp;Altimeter Growth Corp., which&nbsp;valued the company at nearly $40 billion. It became the largest-ever company to close a SPAC merger and go public.</p><p><blockquote>Grab在与空白支票公司Altimeter Growth Corp.达成协议后首次亮相纳斯达克，该公司的估值接近400亿美元。它成为有史以来最大的完成特殊目的收购公司合并并上市的公司。</blockquote></p><p> But shares fell more than 20% from $13.06 to $8.75 a piece in the first day of trading. Since then, the stock has fallen another 16%.</p><p><blockquote>但股价在首日交易中下跌超过 20%，从每股 13.06 美元跌至 8.75 美元。此后，该股又下跌了16%。</blockquote></p><p> Still, JPMorgan likes the stock and said the company has a “superior regional superapp” and multiple opportunities for “multi-year growth.” The investment bank said that Grab’s regional leadership in Southeast Asia is driven by a highly scalable and localized platform that is underpinned by its proprietary technology.</p><p><blockquote>尽管如此，摩根大通还是看好这只股票，并表示该公司拥有 “卓越的地区超级应用”和 “多年增长 ”的多个机会。该投资银行表示，Grab 在东南亚的区域领导地位得益于一个高度可扩展和本地化的平台，该平台以其专有技术为基础。</blockquote></p><p> “The platform enables Grab to offer its services at a structurally lower cost base vs peers, with higher retention rates,” JPMorgan analysts wrote in their initiation coverage note earlier this month. “Grab’s platform gives it further advantages over its peers with limited geographical presence and/or fewer services, as Grab can allocate cash flows across countries and services to deliver on growth.”</p><p><blockquote>“摩根大通分析师在本月早些时候的启动报告中写道：”与同行相比，该平台使 Grab 能够以结构性更低的成本基础提供服务，并提高保留率。“Grab 的平台使其比地理位置有限和/或服务较少的同行更具优势，因为 Grab 可以在不同国家和服务之间分配现金流，以实现增长。”</blockquote></p><p> Here are JPMorgan, Citi and Evercore’s ratings and price targets for Grab, and why they like the stock:</p><p><blockquote>以下是摩根大通、花旗和 Evercore 对 Grab 的评级和目标价，以及他们喜欢该股的原因：</blockquote></p><p> <b>JPMorgan</b></p><p><blockquote><b>摩根大通</b></blockquote></p><p> JPMorgan initiated coverage on Grab with an overweight rating and a price target of $12.50 over the next 12 months — that represents over 70% upside from the Dec. 23 closing price of $7.35.</p><p><blockquote>摩根大通开始对 Grab 进行投资，给予跑赢大盘评级，未来 12 个月的目标价为 12.50 美元，较 12 月 23 日收盘价 7.35 美元上涨超过 70%。</blockquote></p><p> Based on the investment bank’s rating system, an overweight rating implies JPMorgan expects Grab’s stock to outperform over the next six to 12 months.</p><p><blockquote>根据该投资银行的评级系统，跑赢大盘的评级意味着摩根大通预计 Grab 的股票将在未来 6 到 12 个月内跑赢大盘。</blockquote></p><p> The analysts said Grab’s superior regional app, comprising multiple services including ride-hailing and food delivery, is “best geared to rising online consumption” in Southeast Asia. They said they identified gross merchandize value and revenue growth as key catalysts for the company and they see “multiple opportunities for multi-year growth.”</p><p><blockquote>分析师表示，Grab 卓越的区域应用程序包括打车和送餐等多种服务，“最适合东南亚不断增长的在线消费”。他们表示，他们认为商品总价值和收入增长是公司的关键催化剂，他们看到了 “多年增长的多种机会”。</blockquote></p><p> GMV is a metric&nbsp;often used in e-commerce&nbsp;to measure the total dollar value of goods sold&nbsp;over a certain period of time.</p><p><blockquote>GMV是电子商务中常用的衡量标准，用于衡量一定时间段内销售的商品的总美元价值。</blockquote></p><p> The investment bank said Grab is a leader in ride-hailing across the region and that could lead to a highly profitable mobility business, where lifting Covid restrictions and broader economic reopening could drive growth.</p><p><blockquote>该投资银行表示，Grab 是该地区网约车行业的领导者，这可能会带来高利润的移动业务，其中取消新冠疫情限制和更广泛的经济重新开放可能会推动增长。</blockquote></p><p> While the company’s delivery business is at an earlier stage of development, JPMorgan said there’s growth potential due to the relatively fragmented, but large total addressable market for food delivery and groceries. But the bank said that Grab is likely to see losses in the near-to-mid term due to investments and competition for market share.</p><p><blockquote>摩根大通表示，虽然公司的外卖业务正处于早期发展阶段，但由于食品外卖和杂货市场相对分散，但总体规模较大，因此具有增长潜力。但该银行表示，由于投资和市场份额竞争，Grab 在中短期内可能会出现亏损。</blockquote></p><p> The analysts warned, however, that Grab’s stock price could be volatile over the next six months as the free float expands due to staggered expiration of lock-ups that will release additional shares. Potential inclusion in MSCI indexes could also contribute to the volatility, JPMorgan said.</p><p><blockquote>不过，分析师警告说，随着自由流通量的扩大，Grab 的股价在未来六个月内可能会出现波动，因为锁定期错开到期将释放更多股票。摩根大通表示，潜在纳入摩根士丹利资本国际指数也可能导致波动性。</blockquote></p><p> <b>Citi</b></p><p><blockquote><b>花旗</b></blockquote></p><p> Citi initiated coverage of Grab with a buy rating and a price target of $12 a share, but also flagged the stock as high risk.</p><p><blockquote>花旗对 Grab 给予买入评级，目标价为每股 12 美元，但也将该股标记为高风险。</blockquote></p><p> Compared with regional peers, Citi analysts said Grab benefits from its ability to capture larger volumes of consumer data given higher frequency of delivery and mobility demand compared to services like e-commerce. That gives the company an easier way to cross-sell its financial services products, they added.</p><p><blockquote>花旗分析师表示，与地区同行相比，Grab 受益于其捕获大量消费者数据的能力，因为与电子商务等服务相比，交付频率和移动性需求更高。他们补充说，这为该公司提供了一种更简单的方式来交叉销售其金融服务产品。</blockquote></p><p> The analysts pointed out that Grab has a “broader geographic footprint with more equal strength in the ... Southeast Asia countries in which it operates,” compared with Indonesian rival GoTo Group.</p><p><blockquote>分析师指出，与印尼竞争对手 GoTo Group 相比，Grab 的 “地理覆盖范围更广，在其开展业务的东南亚国家实力更为均等”。</blockquote></p><p> Citi said, however, spending per transaction and per user is lower for Grab than other regional players like&nbsp;Sea, which operates e-commerce platform Shopee. That implies Grab would face more headwinds if Covid cases in the region surge again, forcing countries to impose lockdowns and other mobility restrictions.</p><p><blockquote>然而，花旗表示，Grab 的每笔交易和每用户支出低于运营电子商务平台 Shopee 的 Sea 等其他地区参与者。这意味着，如果该地区的新冠病例再次激增，Grab 将面临更多阻力，迫使各国实施封锁和其他流动限制。</blockquote></p><p> “Grab also lacks a high-margin gaming business and global exposure given its Southeast Asia focus,” Citi analysts said.</p><p><blockquote>“花旗分析师说：”鉴于 Grab 专注于东南亚，它还缺乏高利润的游戏业务和全球曝光率。</blockquote></p><p> <b>Evercore</b></p><p><blockquote><b>永恒核心</b></blockquote></p><p> Evercore initiated coverage with an outperform rating and a price target of $10.</p><p><blockquote>Evercore 以跑赢大盘的评级和 10 美元的目标价开始覆盖。</blockquote></p><p> The firm said Grab will likely face more local competition in each market for its delivery business compared to ridesharing, where the only other international incumbent is GoTo Group’s Gojek — particularly, in Indonesia.</p><p><blockquote>该公司表示，与拼车相比，Grab 的外卖业务在每个市场都可能面临更多的本地竞争，而拼车领域唯一的国际竞争对手是 GoTo 集团的 Gojek，尤其是在印度尼西亚。</blockquote></p><p> “Within its Delivery segment, Grab faces a bit more competition across its core geographies,” Evercore analysts said in a recent note. They flagged the likes of Foodpanda, Gojek and Deliveroo in Singapore, LineMan in Thailand as well as Now and Baemin in Vietnam as competitors.</p><p><blockquote>“Evercore 分析师在最近的一份报告中说：”在外卖领域，Grab 在其核心地区面临着更多的竞争。他们将新加坡的Foodpanda、Gojek和户户送、泰国的LineMan以及Now和越南的Baemin等公司列为竞争对手。</blockquote></p><p></p><p> “Lastly, Grab competes with last-mile logistics providers such as Gojek and Lalamove, and more local last-mile players such as AhaMove (Vietnam),” the analysts said.</p><p><blockquote>“最后，Grab 与 Gojek 和货拉拉等最后一公里物流提供商以及 AhaMove（越南）等更多本地最后一公里供应商竞争，”分析师说。</blockquote></p><p> In the financial services business, Grab faces competition from traditional players including credit card companies, banks as well as cash, which is still the predominant mode of payment in Southeast Asia.</p><p><blockquote>在金融服务业务中，Grab面临着来自传统参与者的竞争，包括信用卡公司、银行以及现金，现金仍然是东南亚的主要支付方式。</blockquote></p><p> Still, the Evercore analysts said that most of Grab’s core business segments including delivery, mobility and financial services remain underpenetrated, which grants the Singapore-headquartered company “a probable long runway for growth.”</p><p><blockquote>尽管如此，Evercore 分析师表示，Grab 的大部分核心业务部门，包括送货、移动和金融服务，仍然渗透率不足，这使得这家总部位于新加坡的公司 “可能有很长的增长跑道”。</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>Grab stock climbed more than 3% in premarket trading<blockquote>Grab 股价在盘前交易中上涨超过 3%</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; 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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\">\nGrab stock climbed more than 3% in premarket trading<blockquote>Grab 股价在盘前交易中上涨超过 3%</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\">2021-12-28 17:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Grab stock climbed more than 3% in premarket trading&nbsp;Tuesday&nbsp;after falling more than 3% yesterday.</p><p><blockquote>Grab 股价在昨天下跌超过 3% 后，周二盘前交易中上涨超过 3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7dfb400a3587d9cc0fba919a211e18a3\" tg-width=\"841\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Grab debuted on the Nasdaq following a deal with blank-check company&nbsp;Altimeter Growth Corp., which&nbsp;valued the company at nearly $40 billion. It became the largest-ever company to close a SPAC merger and go public.</p><p><blockquote>Grab在与空白支票公司Altimeter Growth Corp.达成协议后首次亮相纳斯达克，该公司的估值接近400亿美元。它成为有史以来最大的完成特殊目的收购公司合并并上市的公司。</blockquote></p><p> But shares fell more than 20% from $13.06 to $8.75 a piece in the first day of trading. Since then, the stock has fallen another 16%.</p><p><blockquote>但股价在首日交易中下跌超过 20%，从每股 13.06 美元跌至 8.75 美元。此后，该股又下跌了16%。</blockquote></p><p> Still, JPMorgan likes the stock and said the company has a “superior regional superapp” and multiple opportunities for “multi-year growth.” The investment bank said that Grab’s regional leadership in Southeast Asia is driven by a highly scalable and localized platform that is underpinned by its proprietary technology.</p><p><blockquote>尽管如此，摩根大通还是看好这只股票，并表示该公司拥有 “卓越的地区超级应用”和 “多年增长 ”的多个机会。该投资银行表示，Grab 在东南亚的区域领导地位得益于一个高度可扩展和本地化的平台，该平台以其专有技术为基础。</blockquote></p><p> “The platform enables Grab to offer its services at a structurally lower cost base vs peers, with higher retention rates,” JPMorgan analysts wrote in their initiation coverage note earlier this month. “Grab’s platform gives it further advantages over its peers with limited geographical presence and/or fewer services, as Grab can allocate cash flows across countries and services to deliver on growth.”</p><p><blockquote>“摩根大通分析师在本月早些时候的启动报告中写道：”与同行相比，该平台使 Grab 能够以结构性更低的成本基础提供服务，并提高保留率。“Grab 的平台使其比地理位置有限和/或服务较少的同行更具优势，因为 Grab 可以在不同国家和服务之间分配现金流，以实现增长。”</blockquote></p><p> Here are JPMorgan, Citi and Evercore’s ratings and price targets for Grab, and why they like the stock:</p><p><blockquote>以下是摩根大通、花旗和 Evercore 对 Grab 的评级和目标价，以及他们喜欢该股的原因：</blockquote></p><p> <b>JPMorgan</b></p><p><blockquote><b>摩根大通</b></blockquote></p><p> JPMorgan initiated coverage on Grab with an overweight rating and a price target of $12.50 over the next 12 months — that represents over 70% upside from the Dec. 23 closing price of $7.35.</p><p><blockquote>摩根大通开始对 Grab 进行投资，给予跑赢大盘评级，未来 12 个月的目标价为 12.50 美元，较 12 月 23 日收盘价 7.35 美元上涨超过 70%。</blockquote></p><p> Based on the investment bank’s rating system, an overweight rating implies JPMorgan expects Grab’s stock to outperform over the next six to 12 months.</p><p><blockquote>根据该投资银行的评级系统，跑赢大盘的评级意味着摩根大通预计 Grab 的股票将在未来 6 到 12 个月内跑赢大盘。</blockquote></p><p> The analysts said Grab’s superior regional app, comprising multiple services including ride-hailing and food delivery, is “best geared to rising online consumption” in Southeast Asia. They said they identified gross merchandize value and revenue growth as key catalysts for the company and they see “multiple opportunities for multi-year growth.”</p><p><blockquote>分析师表示，Grab 卓越的区域应用程序包括打车和送餐等多种服务，“最适合东南亚不断增长的在线消费”。他们表示，他们认为商品总价值和收入增长是公司的关键催化剂，他们看到了 “多年增长的多种机会”。</blockquote></p><p> GMV is a metric&nbsp;often used in e-commerce&nbsp;to measure the total dollar value of goods sold&nbsp;over a certain period of time.</p><p><blockquote>GMV是电子商务中常用的衡量标准，用于衡量一定时间段内销售的商品的总美元价值。</blockquote></p><p> The investment bank said Grab is a leader in ride-hailing across the region and that could lead to a highly profitable mobility business, where lifting Covid restrictions and broader economic reopening could drive growth.</p><p><blockquote>该投资银行表示，Grab 是该地区网约车行业的领导者，这可能会带来高利润的移动业务，其中取消新冠疫情限制和更广泛的经济重新开放可能会推动增长。</blockquote></p><p> While the company’s delivery business is at an earlier stage of development, JPMorgan said there’s growth potential due to the relatively fragmented, but large total addressable market for food delivery and groceries. But the bank said that Grab is likely to see losses in the near-to-mid term due to investments and competition for market share.</p><p><blockquote>摩根大通表示，虽然公司的外卖业务正处于早期发展阶段，但由于食品外卖和杂货市场相对分散，但总体规模较大，因此具有增长潜力。但该银行表示，由于投资和市场份额竞争，Grab 在中短期内可能会出现亏损。</blockquote></p><p> The analysts warned, however, that Grab’s stock price could be volatile over the next six months as the free float expands due to staggered expiration of lock-ups that will release additional shares. Potential inclusion in MSCI indexes could also contribute to the volatility, JPMorgan said.</p><p><blockquote>不过，分析师警告说，随着自由流通量的扩大，Grab 的股价在未来六个月内可能会出现波动，因为锁定期错开到期将释放更多股票。摩根大通表示，潜在纳入摩根士丹利资本国际指数也可能导致波动性。</blockquote></p><p> <b>Citi</b></p><p><blockquote><b>花旗</b></blockquote></p><p> Citi initiated coverage of Grab with a buy rating and a price target of $12 a share, but also flagged the stock as high risk.</p><p><blockquote>花旗对 Grab 给予买入评级，目标价为每股 12 美元，但也将该股标记为高风险。</blockquote></p><p> Compared with regional peers, Citi analysts said Grab benefits from its ability to capture larger volumes of consumer data given higher frequency of delivery and mobility demand compared to services like e-commerce. That gives the company an easier way to cross-sell its financial services products, they added.</p><p><blockquote>花旗分析师表示，与地区同行相比，Grab 受益于其捕获大量消费者数据的能力，因为与电子商务等服务相比，交付频率和移动性需求更高。他们补充说，这为该公司提供了一种更简单的方式来交叉销售其金融服务产品。</blockquote></p><p> The analysts pointed out that Grab has a “broader geographic footprint with more equal strength in the ... Southeast Asia countries in which it operates,” compared with Indonesian rival GoTo Group.</p><p><blockquote>分析师指出，与印尼竞争对手 GoTo Group 相比，Grab 的 “地理覆盖范围更广，在其开展业务的东南亚国家实力更为均等”。</blockquote></p><p> Citi said, however, spending per transaction and per user is lower for Grab than other regional players like&nbsp;Sea, which operates e-commerce platform Shopee. That implies Grab would face more headwinds if Covid cases in the region surge again, forcing countries to impose lockdowns and other mobility restrictions.</p><p><blockquote>然而，花旗表示，Grab 的每笔交易和每用户支出低于运营电子商务平台 Shopee 的 Sea 等其他地区参与者。这意味着，如果该地区的新冠病例再次激增，Grab 将面临更多阻力，迫使各国实施封锁和其他流动限制。</blockquote></p><p> “Grab also lacks a high-margin gaming business and global exposure given its Southeast Asia focus,” Citi analysts said.</p><p><blockquote>“花旗分析师说：”鉴于 Grab 专注于东南亚，它还缺乏高利润的游戏业务和全球曝光率。</blockquote></p><p> <b>Evercore</b></p><p><blockquote><b>永恒核心</b></blockquote></p><p> Evercore initiated coverage with an outperform rating and a price target of $10.</p><p><blockquote>Evercore 以跑赢大盘的评级和 10 美元的目标价开始覆盖。</blockquote></p><p> The firm said Grab will likely face more local competition in each market for its delivery business compared to ridesharing, where the only other international incumbent is GoTo Group’s Gojek — particularly, in Indonesia.</p><p><blockquote>该公司表示，与拼车相比，Grab 的外卖业务在每个市场都可能面临更多的本地竞争，而拼车领域唯一的国际竞争对手是 GoTo 集团的 Gojek，尤其是在印度尼西亚。</blockquote></p><p> “Within its Delivery segment, Grab faces a bit more competition across its core geographies,” Evercore analysts said in a recent note. They flagged the likes of Foodpanda, Gojek and Deliveroo in Singapore, LineMan in Thailand as well as Now and Baemin in Vietnam as competitors.</p><p><blockquote>“Evercore 分析师在最近的一份报告中说：”在外卖领域，Grab 在其核心地区面临着更多的竞争。他们将新加坡的Foodpanda、Gojek和户户送、泰国的LineMan以及Now和越南的Baemin等公司列为竞争对手。</blockquote></p><p></p><p> “Lastly, Grab competes with last-mile logistics providers such as Gojek and Lalamove, and more local last-mile players such as AhaMove (Vietnam),” the analysts said.</p><p><blockquote>“最后，Grab 与 Gojek 和货拉拉等最后一公里物流提供商以及 AhaMove（越南）等更多本地最后一公里供应商竞争，”分析师说。</blockquote></p><p> In the financial services business, Grab faces competition from traditional players including credit card companies, banks as well as cash, which is still the predominant mode of payment in Southeast Asia.</p><p><blockquote>在金融服务业务中，Grab面临着来自传统参与者的竞争，包括信用卡公司、银行以及现金，现金仍然是东南亚的主要支付方式。</blockquote></p><p> Still, the Evercore analysts said that most of Grab’s core business segments including delivery, mobility and financial services remain underpenetrated, which grants the Singapore-headquartered company “a probable long runway for growth.”</p><p><blockquote>尽管如此，Evercore 分析师表示，Grab 的大部分核心业务部门，包括送货、移动和金融服务，仍然渗透率不足，这使得这家总部位于新加坡的公司 “可能有很长的增长跑道”。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122789395","content_text":"Grab stock climbed more than 3% in premarket trading Tuesday after falling more than 3% yesterday.\n\nGrab debuted on the Nasdaq following a deal with blank-check company Altimeter Growth Corp., which valued the company at nearly $40 billion. It became the largest-ever company to close a SPAC merger and go public.\nBut shares fell more than 20% from $13.06 to $8.75 a piece in the first day of trading. Since then, the stock has fallen another 16%.\nStill, JPMorgan likes the stock and said the company has a “superior regional superapp” and multiple opportunities for “multi-year growth.” The investment bank said that Grab’s regional leadership in Southeast Asia is driven by a highly scalable and localized platform that is underpinned by its proprietary technology.\n“The platform enables Grab to offer its services at a structurally lower cost base vs peers, with higher retention rates,” JPMorgan analysts wrote in their initiation coverage note earlier this month. “Grab’s platform gives it further advantages over its peers with limited geographical presence and/or fewer services, as Grab can allocate cash flows across countries and services to deliver on growth.”\nHere are JPMorgan, Citi and Evercore’s ratings and price targets for Grab, and why they like the stock:\nJPMorgan\nJPMorgan initiated coverage on Grab with an overweight rating and a price target of $12.50 over the next 12 months — that represents over 70% upside from the Dec. 23 closing price of $7.35.\nBased on the investment bank’s rating system, an overweight rating implies JPMorgan expects Grab’s stock to outperform over the next six to 12 months.\nThe analysts said Grab’s superior regional app, comprising multiple services including ride-hailing and food delivery, is “best geared to rising online consumption” in Southeast Asia. They said they identified gross merchandize value and revenue growth as key catalysts for the company and they see “multiple opportunities for multi-year growth.”\nGMV is a metric often used in e-commerce to measure the total dollar value of goods sold over a certain period of time.\nThe investment bank said Grab is a leader in ride-hailing across the region and that could lead to a highly profitable mobility business, where lifting Covid restrictions and broader economic reopening could drive growth.\nWhile the company’s delivery business is at an earlier stage of development, JPMorgan said there’s growth potential due to the relatively fragmented, but large total addressable market for food delivery and groceries. But the bank said that Grab is likely to see losses in the near-to-mid term due to investments and competition for market share.\nThe analysts warned, however, that Grab’s stock price could be volatile over the next six months as the free float expands due to staggered expiration of lock-ups that will release additional shares. Potential inclusion in MSCI indexes could also contribute to the volatility, JPMorgan said.\nCiti\nCiti initiated coverage of Grab with a buy rating and a price target of $12 a share, but also flagged the stock as high risk.\nCompared with regional peers, Citi analysts said Grab benefits from its ability to capture larger volumes of consumer data given higher frequency of delivery and mobility demand compared to services like e-commerce. That gives the company an easier way to cross-sell its financial services products, they added.\nThe analysts pointed out that Grab has a “broader geographic footprint with more equal strength in the ... Southeast Asia countries in which it operates,” compared with Indonesian rival GoTo Group.\nCiti said, however, spending per transaction and per user is lower for Grab than other regional players like Sea, which operates e-commerce platform Shopee. That implies Grab would face more headwinds if Covid cases in the region surge again, forcing countries to impose lockdowns and other mobility restrictions.\n“Grab also lacks a high-margin gaming business and global exposure given its Southeast Asia focus,” Citi analysts said.\nEvercore\nEvercore initiated coverage with an outperform rating and a price target of $10.\nThe firm said Grab will likely face more local competition in each market for its delivery business compared to ridesharing, where the only other international incumbent is GoTo Group’s Gojek — particularly, in Indonesia.\n“Within its Delivery segment, Grab faces a bit more competition across its core geographies,” Evercore analysts said in a recent note. They flagged the likes of Foodpanda, Gojek and Deliveroo in Singapore, LineMan in Thailand as well as Now and Baemin in Vietnam as competitors.\n“Lastly, Grab competes with last-mile logistics providers such as Gojek and Lalamove, and more local last-mile players such as AhaMove (Vietnam),” the analysts said.\nIn the financial services business, Grab faces competition from traditional players including credit card companies, banks as well as cash, which is still the predominant mode of payment in Southeast Asia.\nStill, the Evercore analysts said that most of Grab’s core business segments including delivery, mobility and financial services remain underpenetrated, which grants the Singapore-headquartered company “a probable long runway for growth.”","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":3568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696675474,"gmtCreate":1640695004288,"gmtModify":1640695005510,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"With China market , the share likely to grows faster&nbsp;","listText":"With China market , the share likely to grows faster&nbsp;","text":"With China market , the share likely to grows faster","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696675474","repostId":"2194148201","repostType":4,"isVote":1,"tweetType":1,"viewCount":3500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696925209,"gmtCreate":1640605153608,"gmtModify":1640605153901,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Wish you good luck","listText":"Wish you good luck","text":"Wish you good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696925209","repostId":"2194855177","repostType":4,"isVote":1,"tweetType":1,"viewCount":3070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696922577,"gmtCreate":1640605024631,"gmtModify":1640605024919,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Really&nbsp;","listText":"Really&nbsp;","text":"Really","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696922577","repostId":"2194380177","repostType":4,"isVote":1,"tweetType":1,"viewCount":3402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696922616,"gmtCreate":1640605013782,"gmtModify":1640605014076,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Really ?","listText":"Really ?","text":"Really ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696922616","repostId":"2194380177","repostType":4,"isVote":1,"tweetType":1,"viewCount":3443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696926824,"gmtCreate":1640604905681,"gmtModify":1640604906016,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Not affecting me","listText":"Not affecting me","text":"Not affecting me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696926824","repostId":"1112647100","repostType":4,"isVote":1,"tweetType":1,"viewCount":3270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698479277,"gmtCreate":1640515956964,"gmtModify":1640515957254,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Apple share is quote stable&nbsp;","listText":"Apple share is quote stable&nbsp;","text":"Apple share is quote stable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698479277","repostId":"2193781141","repostType":4,"isVote":1,"tweetType":1,"viewCount":4742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698840058,"gmtCreate":1640350215796,"gmtModify":1640350216126,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Sea dharez&nbsp;will be back to $300 plus soon","listText":"Sea dharez&nbsp;will be back to $300 plus soon","text":"Sea dharez will be back to $300 plus soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698840058","repostId":"1107827800","repostType":4,"repost":{"id":"1107827800","kind":"news","pubTimestamp":1640326128,"share":"https://www.laohunote.com/m/news/1107827800?lang=zh_CN&edition=full","pubTime":"2021-12-24 14:08","market":"us","language":"en","title":"Sea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107827800","media":"Seeking Alpha","summary":"Summary\n\nSea Limited is a growing company in a growing economy.\nAt this stage, the company should be","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Sea Limited is a growing company in a growing economy.</li>  <li>At this stage, the company should be judged on its growth, not earnings.</li>  <li>The recent fall in price makes the stock look attractive when compared to similar growth stories.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f48c8d49ed462ac489fe8f5fa91f5691\" tg-width=\"1536\" tg-height=\"1031\" width=\"100%\" height=\"auto\"><span>FreshSplash/E+ via Getty Images</span></p><p><blockquote><ul><li>Sea Limited是一家在不断增长的经济中成长的公司。</li><li>现阶段，应该根据公司的增长而不是盈利来判断公司。</li><li>与类似的增长故事相比，最近的价格下跌使该股看起来很有吸引力。</li></ul><p class=\"t-img-caption\"><span>FreshSplash/E+ 来自盖蒂图片社</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文总结</b></blockquote></p><p> Sea Limited (SE) is one of those companies that divide the room. The stock was one of the best performing of 2020/2021 but has now fallen over 30% from its all-time high following a general sell-off which has been most felt in growth stocks.</p><p><blockquote>Sea Limited (SE) 是划分房间的公司之一。该股是 2020/2021 年表现最好的股票之一，但在普遍抛售之后，该股已从历史高点下跌了 30% 以上，这种情况在成长型股票中最为明显。</blockquote></p><p> However, Sea's fundamental growth story remains strong, and the fact that it is running at a loss should not bother investors at this point. If we look at each segment individually, there's a lot to like, and an argument could be made for a much higher price than today. On a final note, Sea should also be aided by the recent policy change coming from China's Central bank, the PBOC, and overall macroeconomic trends.</p><p><blockquote>然而，Sea 的基本面增长故事仍然强劲，目前其亏损的事实不应困扰投资者。如果我们单独看每个细分市场，就会发现有很多值得喜欢的地方，而且可以争论比现在高得多的价格。最后一点，中国央行、中国人民银行和整体宏观经济趋势最近的政策变化也应该有助于Sea。</blockquote></p><p> <b>A Quick Recap</b></p><p><blockquote><b>快速回顾</b></blockquote></p><p> Sea Limited has three main segments; Digital Entertainment (Garena), Financial Services (SeaMoney) and E-commerce (Shopee). This is how they performed in the last quarter.</p><p><blockquote>Sea Limited 有三个主要部门；数字娱乐（Garena）、金融服务（SeaMoney）和电子商务（Shopee）。这就是他们上个季度的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cd726650027bd5d269b8fe1f0dd0b14\" tg-width=\"1280\" tg-height=\"664\" width=\"100%\" height=\"auto\"><span>Source: Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：投资者介绍</span></p></blockquote></p><p> As we can see, Digital Entertainment is the only segment bringing in operating income. Meanwhile, eCommerce and Digital Finance are running at a loss. However, the growth rates at this point justify the investment. GMV for Shopee was up 81% YoY, and TPV processed through SeaMoney is up 111% YoY.</p><p><blockquote>正如我们所看到的，数字娱乐是唯一带来经营利润的细分市场。与此同时，电子商务和数字金融正在亏损。然而，目前的增长率证明了投资的合理性。Shopee 的 GMV 同比增长 81%，通过 SeaMoney 处理的 TPV 同比增长 111%。</blockquote></p><p> Despite strong growth across the board, Sea Limited has come down significantly in the last few weeks, providing us with a perfect opportunity to buy a stock with an incredibly appealing fundamental growth story.</p><p><blockquote>尽管全面增长强劲，但 Sea Limited 在过去几周大幅下跌，为我们提供了一个绝佳的机会来购买一只具有令人难以置信的吸引力的基本面增长故事的股票。</blockquote></p><p> <b>Growth And Profitability Prospects</b></p><p><blockquote><b>增长及盈利前景</b></blockquote></p><p> Firstly, let's talk about Sea's main geographical market; Southeast Asia. SEA economies are experiencing not just a fast level of growth, but also digitalization, which bodes incredibly well for SE.</p><p><blockquote>首先，我们来谈谈Sea的主要地理市场；东南亚。海洋经济不仅正在经历快速增长，而且正在经历数字化，这对东南亚来说是一个非常好的兆头。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/626a6dc7b34175282aeba7740413ede1\" tg-width=\"1280\" tg-height=\"521\" width=\"100%\" height=\"auto\"><span>Source: SEA Economy Report</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：海洋经济报告</span></p></blockquote></p><p> By 2025, the Internet economy is poised to reach over $300 billion in GMV. Indonesia, Vietnam and Thailand will be amongst the fastest growing Internet economies, and these are all areas where the company has a strong presence. On top of that, Sea is also expanding into Latin America, where it has challenged and surpassed MercadoLibre (MELI) in some&nbsp;countries like Brazil.</p><p><blockquote>到2025年，互联网经济的GMV有望超过3000亿美元。印度尼西亚、越南和泰国将成为增长最快的互联网经济体，这些都是该公司拥有强大影响力的地区。最重要的是，Sea 还在向拉丁美洲扩张，在巴西等一些国家挑战并超越了 MercadoLibre (MELI)。</blockquote></p><p> Shopee and SeaMoney will grow hand in hand. As Shopee grows, more merchants and consumers will be pulled into the SeaMoney ecosystem, which not only allows digital payments but also helps merchants and consumers get financing. Of course, at the moment the company is focusing on expansion, but we know full well that both eCommerce and Digital Finance can be lucrative segments.</p><p><blockquote>Shopee和SeaMoney将携手成长。随着Shopee的发展，更多的商家和消费者将被拉入SeaMoney生态系统，该生态系统不仅允许数字支付，还可以帮助商家和消费者获得融资。当然，目前该公司正专注于扩张，但我们非常清楚电子商务和数字金融都可能是利润丰厚的领域。</blockquote></p><p> Garena, which is responsible for creating Free Fire, is on another path. User growth is slowing down, this is true, but there is still plenty of room for monetization. The company has made moves in the right direction here by releasing Free Fire MAX, a premium version of the game. In a recent article on Seeking Alpha,JR Research pointed out&nbsp;that Garena continues to increase the proportion of paying users to active users, which are also growing, albeit at a slower rate.</p><p><blockquote>负责创造Free Fire的Garena正在走另一条道路。用户增长放缓，这是事实，但变现空间依然很大。该公司在这方面朝着正确的方向迈出了一步，发布了该游戏的高级版本Free Fire MAX。JR Research 在最近一篇关于 Seeking Alpha 的文章中指出，Garena 继续提高付费用户与活跃用户的比例，这些用户也在增长，尽管速度较慢。</blockquote></p><p> <b>Comparative Valuation</b></p><p><blockquote><b>比较估值</b></blockquote></p><p> With all that said, I do feel like sometimes Sea Limited gets judged unfairly, precisely because it has such a successful and profitable segment thanks to Free Fire. Investors often look at Sea's earnings and complain that they aren't growing fast enough, but this is not the company's objective. If Shopee or SeaMoney traded separately as \"exciting and fast-growing start-ups\" investors would be much less harsh with the valuation.</p><p><blockquote>综上所述，我确实觉得有时 Sea Limited 会受到不公平的评判，正是因为 Free Fire 拥有如此成功且盈利的细分市场。投资者经常查看 Sea 的盈利并抱怨其增长速度不够快，但这不是该公司的目标。如果 Shopee 或 SeaMoney 作为“令人兴奋且快速增长的初创企业”单独交易，投资者对估值的要求就不会那么苛刻了。</blockquote></p><p> Sea Limited is a growth company in a growth economy, and it should be judged on its growth and revenue, not on its earnings:</p><p><blockquote>Sea Limited 是一家成长型经济体中的成长型公司，应该根据其增长和收入来判断，而不是根据其盈利来判断：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabf7759dd81e88d0603fc2f17137235\" tg-width=\"905\" tg-height=\"313\" width=\"100%\" height=\"auto\"><span>Data Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源：Seeking Alpha</span></p></blockquote></p><p></p><p> Above we can see valuation ratios for Sea and what I consider to be some similar companies, though I am sure this will be a contentious point. Meli competes head-on with Sea in the eCommerce and fulfilment space. Roblox (RBLX) is an up and coming game/platform, and it is comparable to Free Fire. Shopify Inc.(NYSE:SHOP)has some unique characteristics, but it is also similar in many ways to Sea. It offers an eCommerce platform and helps merchants sell their products, and Shopify Pay is comparable to SeaMoney. Also, all of these companies are high growth companies through Sea is the best in this regard.</p><p><blockquote>上面我们可以看到 Sea 的估值比率以及我认为的一些类似公司，尽管我确信这将是一个有争议的点。Meli在电子商务和履行领域与Sea正面竞争。Roblox（RBLX）是一款冉冉升起的游戏/平台，堪比Free Fire。Shopify Inc.（纽约证券交易所股票代码：SHOP）具有一些独特的特征，但它在许多方面也与 Sea 相似。它提供了一个电子商务平台，帮助商家销售他们的产品，Shopify Pay与SeaMoney相当。此外，所有这些公司都是高成长性公司，Sea在这方面是最好的。</blockquote></p><p> In terms of P/S and EV/Sales though, Sea is cheaper than the rest of these companies, except for Meli. Also, I like the fact that Sea has a Price/Book in line with that of Shopify. Arguably these other companies could be said to be overvalued, but the idea here is to compare these companies amongst each other.</p><p><blockquote>不过，就市盈率和电动汽车销售额而言，Sea 比其他公司都便宜，除了 Meli。此外，我喜欢Sea的价格/账单与Shopify一致。可以说，这些其他公司可以说被高估了，但这里的想法是将这些公司相互比较。</blockquote></p><p> Ultimately, Sea is growing incredibly fast, and though it isn't \"profitable\", we know that it's building a business model that will be. A P/S of 14 seems attractive given all of this and the ratio is below the more recent average of around 20.</p><p><blockquote>最终，Sea 的增长速度令人难以置信，尽管它并不“盈利”，但我们知道它正在建立一种将会盈利的商业模式。考虑到所有这些，14 的市盈率似乎很有吸引力，而且该比率低于最近 20 左右的平均水平。</blockquote></p><p> <b>Other Considerations</b></p><p><blockquote><b>其他考虑因素</b></blockquote></p><p> Some investors might think that, with the Federal Reserve tightening monetary policy, this is not a good time. The first issue here would be; how long can the Fed tighten? We've seen this play out before in 2018, and we know how it ends. More importantly though, while the Fed tightens, the PBOC is loosening monetary policy, as we saw the&nbsp;key benchmark lending rate cut last week.</p><p><blockquote>一些投资者可能认为，随着美联储收紧货币政策，现在不是一个好时机。这里的第一个问题是：美联储能收紧多久？我们在2018年之前就看过这场比赛，我们知道它会如何结束。但更重要的是，在美联储收紧的同时，中国人民银行正在放松货币政策，正如我们上周看到的关键基准贷款利率下调。</blockquote></p><p> What does this mean for Sea? The effects are unclear. Easy credit in the area will help the company and its customers, but what about exchange rates? Some of these countries try to keep pegs to major currencies, so this might not change. This would suggest that South Eastern economies might have to follow the Fed in tightening monetary policy to defend this exchange rate.</p><p><blockquote>这对大海意味着什么？效果尚不清楚。该地区的宽松信贷将有助于公司及其客户，但汇率呢？其中一些国家试图保持与主要货币的挂钩，因此这种情况可能不会改变。这表明东南部经济体可能不得不跟随美联储收紧货币政策，以捍卫这一汇率。</blockquote></p><p> And lastly, what if COVID returns in full force? Again, the effects would be unclear. In many ways, Sea's business could be improved by this, even if the economy suffers overall.</p><p><blockquote>最后，如果COVID全面回归怎么办？同样，影响也不清楚。在许多方面，即使整体经济受到影响，Sea 的业务也可以因此得到改善。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> Nothing much has changed for Sea Limited in recent months, except for its share price, and I'd be remiss if I didn't point out this buying opportunity. The company is expanding in all areas, and even increasing its profitability, though that is less important. I'm excited to see what 2022 holds for this stock.</p><p><blockquote>近几个月来，Sea Limited 除了股价之外没有太大变化，如果我不指出这个买入机会，那就是我的失职。该公司正在所有领域扩张，甚至提高盈利能力，尽管这并不那么重要。我很高兴看到这只股票 2022 年的走势。</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>Sea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</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\">\nSea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-24 14:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Sea Limited is a growing company in a growing economy.</li>  <li>At this stage, the company should be judged on its growth, not earnings.</li>  <li>The recent fall in price makes the stock look attractive when compared to similar growth stories.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f48c8d49ed462ac489fe8f5fa91f5691\" tg-width=\"1536\" tg-height=\"1031\" width=\"100%\" height=\"auto\"><span>FreshSplash/E+ via Getty Images</span></p><p><blockquote><ul><li>Sea Limited是一家在不断增长的经济中成长的公司。</li><li>现阶段，应该根据公司的增长而不是盈利来判断公司。</li><li>与类似的增长故事相比，最近的价格下跌使该股看起来很有吸引力。</li></ul><p class=\"t-img-caption\"><span>FreshSplash/E+ 来自盖蒂图片社</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文总结</b></blockquote></p><p> Sea Limited (SE) is one of those companies that divide the room. The stock was one of the best performing of 2020/2021 but has now fallen over 30% from its all-time high following a general sell-off which has been most felt in growth stocks.</p><p><blockquote>Sea Limited (SE) 是划分房间的公司之一。该股是 2020/2021 年表现最好的股票之一，但在普遍抛售之后，该股已从历史高点下跌了 30% 以上，这种情况在成长型股票中最为明显。</blockquote></p><p> However, Sea's fundamental growth story remains strong, and the fact that it is running at a loss should not bother investors at this point. If we look at each segment individually, there's a lot to like, and an argument could be made for a much higher price than today. On a final note, Sea should also be aided by the recent policy change coming from China's Central bank, the PBOC, and overall macroeconomic trends.</p><p><blockquote>然而，Sea 的基本面增长故事仍然强劲，目前其亏损的事实不应困扰投资者。如果我们单独看每个细分市场，就会发现有很多值得喜欢的地方，而且可以争论比现在高得多的价格。最后一点，中国央行、中国人民银行和整体宏观经济趋势最近的政策变化也应该有助于Sea。</blockquote></p><p> <b>A Quick Recap</b></p><p><blockquote><b>快速回顾</b></blockquote></p><p> Sea Limited has three main segments; Digital Entertainment (Garena), Financial Services (SeaMoney) and E-commerce (Shopee). This is how they performed in the last quarter.</p><p><blockquote>Sea Limited 有三个主要部门；数字娱乐（Garena）、金融服务（SeaMoney）和电子商务（Shopee）。这就是他们上个季度的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cd726650027bd5d269b8fe1f0dd0b14\" tg-width=\"1280\" tg-height=\"664\" width=\"100%\" height=\"auto\"><span>Source: Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：投资者介绍</span></p></blockquote></p><p> As we can see, Digital Entertainment is the only segment bringing in operating income. Meanwhile, eCommerce and Digital Finance are running at a loss. However, the growth rates at this point justify the investment. GMV for Shopee was up 81% YoY, and TPV processed through SeaMoney is up 111% YoY.</p><p><blockquote>正如我们所看到的，数字娱乐是唯一带来经营利润的细分市场。与此同时，电子商务和数字金融正在亏损。然而，目前的增长率证明了投资的合理性。Shopee 的 GMV 同比增长 81%，通过 SeaMoney 处理的 TPV 同比增长 111%。</blockquote></p><p> Despite strong growth across the board, Sea Limited has come down significantly in the last few weeks, providing us with a perfect opportunity to buy a stock with an incredibly appealing fundamental growth story.</p><p><blockquote>尽管全面增长强劲，但 Sea Limited 在过去几周大幅下跌，为我们提供了一个绝佳的机会来购买一只具有令人难以置信的吸引力的基本面增长故事的股票。</blockquote></p><p> <b>Growth And Profitability Prospects</b></p><p><blockquote><b>增长及盈利前景</b></blockquote></p><p> Firstly, let's talk about Sea's main geographical market; Southeast Asia. SEA economies are experiencing not just a fast level of growth, but also digitalization, which bodes incredibly well for SE.</p><p><blockquote>首先，我们来谈谈Sea的主要地理市场；东南亚。海洋经济不仅正在经历快速增长，而且正在经历数字化，这对东南亚来说是一个非常好的兆头。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/626a6dc7b34175282aeba7740413ede1\" tg-width=\"1280\" tg-height=\"521\" width=\"100%\" height=\"auto\"><span>Source: SEA Economy Report</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：海洋经济报告</span></p></blockquote></p><p> By 2025, the Internet economy is poised to reach over $300 billion in GMV. Indonesia, Vietnam and Thailand will be amongst the fastest growing Internet economies, and these are all areas where the company has a strong presence. On top of that, Sea is also expanding into Latin America, where it has challenged and surpassed MercadoLibre (MELI) in some&nbsp;countries like Brazil.</p><p><blockquote>到2025年，互联网经济的GMV有望超过3000亿美元。印度尼西亚、越南和泰国将成为增长最快的互联网经济体，这些都是该公司拥有强大影响力的地区。最重要的是，Sea 还在向拉丁美洲扩张，在巴西等一些国家挑战并超越了 MercadoLibre (MELI)。</blockquote></p><p> Shopee and SeaMoney will grow hand in hand. As Shopee grows, more merchants and consumers will be pulled into the SeaMoney ecosystem, which not only allows digital payments but also helps merchants and consumers get financing. Of course, at the moment the company is focusing on expansion, but we know full well that both eCommerce and Digital Finance can be lucrative segments.</p><p><blockquote>Shopee和SeaMoney将携手成长。随着Shopee的发展，更多的商家和消费者将被拉入SeaMoney生态系统，该生态系统不仅允许数字支付，还可以帮助商家和消费者获得融资。当然，目前该公司正专注于扩张，但我们非常清楚电子商务和数字金融都可能是利润丰厚的领域。</blockquote></p><p> Garena, which is responsible for creating Free Fire, is on another path. User growth is slowing down, this is true, but there is still plenty of room for monetization. The company has made moves in the right direction here by releasing Free Fire MAX, a premium version of the game. In a recent article on Seeking Alpha,JR Research pointed out&nbsp;that Garena continues to increase the proportion of paying users to active users, which are also growing, albeit at a slower rate.</p><p><blockquote>负责创造Free Fire的Garena正在走另一条道路。用户增长放缓，这是事实，但变现空间依然很大。该公司在这方面朝着正确的方向迈出了一步，发布了该游戏的高级版本Free Fire MAX。JR Research 在最近一篇关于 Seeking Alpha 的文章中指出，Garena 继续提高付费用户与活跃用户的比例，这些用户也在增长，尽管速度较慢。</blockquote></p><p> <b>Comparative Valuation</b></p><p><blockquote><b>比较估值</b></blockquote></p><p> With all that said, I do feel like sometimes Sea Limited gets judged unfairly, precisely because it has such a successful and profitable segment thanks to Free Fire. Investors often look at Sea's earnings and complain that they aren't growing fast enough, but this is not the company's objective. If Shopee or SeaMoney traded separately as \"exciting and fast-growing start-ups\" investors would be much less harsh with the valuation.</p><p><blockquote>综上所述，我确实觉得有时 Sea Limited 会受到不公平的评判，正是因为 Free Fire 拥有如此成功且盈利的细分市场。投资者经常查看 Sea 的盈利并抱怨其增长速度不够快，但这不是该公司的目标。如果 Shopee 或 SeaMoney 作为“令人兴奋且快速增长的初创企业”单独交易，投资者对估值的要求就不会那么苛刻了。</blockquote></p><p> Sea Limited is a growth company in a growth economy, and it should be judged on its growth and revenue, not on its earnings:</p><p><blockquote>Sea Limited 是一家成长型经济体中的成长型公司，应该根据其增长和收入来判断，而不是根据其盈利来判断：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabf7759dd81e88d0603fc2f17137235\" tg-width=\"905\" tg-height=\"313\" width=\"100%\" height=\"auto\"><span>Data Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源：Seeking Alpha</span></p></blockquote></p><p></p><p> Above we can see valuation ratios for Sea and what I consider to be some similar companies, though I am sure this will be a contentious point. Meli competes head-on with Sea in the eCommerce and fulfilment space. Roblox (RBLX) is an up and coming game/platform, and it is comparable to Free Fire. Shopify Inc.(NYSE:SHOP)has some unique characteristics, but it is also similar in many ways to Sea. It offers an eCommerce platform and helps merchants sell their products, and Shopify Pay is comparable to SeaMoney. Also, all of these companies are high growth companies through Sea is the best in this regard.</p><p><blockquote>上面我们可以看到 Sea 的估值比率以及我认为的一些类似公司，尽管我确信这将是一个有争议的点。Meli在电子商务和履行领域与Sea正面竞争。Roblox（RBLX）是一款冉冉升起的游戏/平台，堪比Free Fire。Shopify Inc.（纽约证券交易所股票代码：SHOP）具有一些独特的特征，但它在许多方面也与 Sea 相似。它提供了一个电子商务平台，帮助商家销售他们的产品，Shopify Pay与SeaMoney相当。此外，所有这些公司都是高成长性公司，Sea在这方面是最好的。</blockquote></p><p> In terms of P/S and EV/Sales though, Sea is cheaper than the rest of these companies, except for Meli. Also, I like the fact that Sea has a Price/Book in line with that of Shopify. Arguably these other companies could be said to be overvalued, but the idea here is to compare these companies amongst each other.</p><p><blockquote>不过，就市盈率和电动汽车销售额而言，Sea 比其他公司都便宜，除了 Meli。此外，我喜欢Sea的价格/账单与Shopify一致。可以说，这些其他公司可以说被高估了，但这里的想法是将这些公司相互比较。</blockquote></p><p> Ultimately, Sea is growing incredibly fast, and though it isn't \"profitable\", we know that it's building a business model that will be. A P/S of 14 seems attractive given all of this and the ratio is below the more recent average of around 20.</p><p><blockquote>最终，Sea 的增长速度令人难以置信，尽管它并不“盈利”，但我们知道它正在建立一种将会盈利的商业模式。考虑到所有这些，14 的市盈率似乎很有吸引力，而且该比率低于最近 20 左右的平均水平。</blockquote></p><p> <b>Other Considerations</b></p><p><blockquote><b>其他考虑因素</b></blockquote></p><p> Some investors might think that, with the Federal Reserve tightening monetary policy, this is not a good time. The first issue here would be; how long can the Fed tighten? We've seen this play out before in 2018, and we know how it ends. More importantly though, while the Fed tightens, the PBOC is loosening monetary policy, as we saw the&nbsp;key benchmark lending rate cut last week.</p><p><blockquote>一些投资者可能认为，随着美联储收紧货币政策，现在不是一个好时机。这里的第一个问题是：美联储能收紧多久？我们在2018年之前就看过这场比赛，我们知道它会如何结束。但更重要的是，在美联储收紧的同时，中国人民银行正在放松货币政策，正如我们上周看到的关键基准贷款利率下调。</blockquote></p><p> What does this mean for Sea? The effects are unclear. Easy credit in the area will help the company and its customers, but what about exchange rates? Some of these countries try to keep pegs to major currencies, so this might not change. This would suggest that South Eastern economies might have to follow the Fed in tightening monetary policy to defend this exchange rate.</p><p><blockquote>这对大海意味着什么？效果尚不清楚。该地区的宽松信贷将有助于公司及其客户，但汇率呢？其中一些国家试图保持与主要货币的挂钩，因此这种情况可能不会改变。这表明东南部经济体可能不得不跟随美联储收紧货币政策，以捍卫这一汇率。</blockquote></p><p> And lastly, what if COVID returns in full force? Again, the effects would be unclear. In many ways, Sea's business could be improved by this, even if the economy suffers overall.</p><p><blockquote>最后，如果COVID全面回归怎么办？同样，影响也不清楚。在许多方面，即使整体经济受到影响，Sea 的业务也可以因此得到改善。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> Nothing much has changed for Sea Limited in recent months, except for its share price, and I'd be remiss if I didn't point out this buying opportunity. The company is expanding in all areas, and even increasing its profitability, though that is less important. I'm excited to see what 2022 holds for this stock.</p><p><blockquote>近几个月来，Sea Limited 除了股价之外没有太大变化，如果我不指出这个买入机会，那就是我的失职。该公司正在所有领域扩张，甚至提高盈利能力，尽管这并不那么重要。我很高兴看到这只股票 2022 年的走势。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4476595-sea-limited-an-early-christmas-gift\">Seeking Alpha</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":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4476595-sea-limited-an-early-christmas-gift","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107827800","content_text":"Summary\n\nSea Limited is a growing company in a growing economy.\nAt this stage, the company should be judged on its growth, not earnings.\nThe recent fall in price makes the stock look attractive when compared to similar growth stories.\n\nFreshSplash/E+ via Getty Images\nThesis Summary\nSea Limited (SE) is one of those companies that divide the room. The stock was one of the best performing of 2020/2021 but has now fallen over 30% from its all-time high following a general sell-off which has been most felt in growth stocks.\nHowever, Sea's fundamental growth story remains strong, and the fact that it is running at a loss should not bother investors at this point. If we look at each segment individually, there's a lot to like, and an argument could be made for a much higher price than today. On a final note, Sea should also be aided by the recent policy change coming from China's Central bank, the PBOC, and overall macroeconomic trends.\nA Quick Recap\nSea Limited has three main segments; Digital Entertainment (Garena), Financial Services (SeaMoney) and E-commerce (Shopee). This is how they performed in the last quarter.\nSource: Investor Presentation\nAs we can see, Digital Entertainment is the only segment bringing in operating income. Meanwhile, eCommerce and Digital Finance are running at a loss. However, the growth rates at this point justify the investment. GMV for Shopee was up 81% YoY, and TPV processed through SeaMoney is up 111% YoY.\nDespite strong growth across the board, Sea Limited has come down significantly in the last few weeks, providing us with a perfect opportunity to buy a stock with an incredibly appealing fundamental growth story.\nGrowth And Profitability Prospects\nFirstly, let's talk about Sea's main geographical market; Southeast Asia. SEA economies are experiencing not just a fast level of growth, but also digitalization, which bodes incredibly well for SE.\nSource: SEA Economy Report\nBy 2025, the Internet economy is poised to reach over $300 billion in GMV. Indonesia, Vietnam and Thailand will be amongst the fastest growing Internet economies, and these are all areas where the company has a strong presence. On top of that, Sea is also expanding into Latin America, where it has challenged and surpassed MercadoLibre (MELI) in some countries like Brazil.\nShopee and SeaMoney will grow hand in hand. As Shopee grows, more merchants and consumers will be pulled into the SeaMoney ecosystem, which not only allows digital payments but also helps merchants and consumers get financing. Of course, at the moment the company is focusing on expansion, but we know full well that both eCommerce and Digital Finance can be lucrative segments.\nGarena, which is responsible for creating Free Fire, is on another path. User growth is slowing down, this is true, but there is still plenty of room for monetization. The company has made moves in the right direction here by releasing Free Fire MAX, a premium version of the game. In a recent article on Seeking Alpha,JR Research pointed out that Garena continues to increase the proportion of paying users to active users, which are also growing, albeit at a slower rate.\nComparative Valuation\nWith all that said, I do feel like sometimes Sea Limited gets judged unfairly, precisely because it has such a successful and profitable segment thanks to Free Fire. Investors often look at Sea's earnings and complain that they aren't growing fast enough, but this is not the company's objective. If Shopee or SeaMoney traded separately as \"exciting and fast-growing start-ups\" investors would be much less harsh with the valuation.\nSea Limited is a growth company in a growth economy, and it should be judged on its growth and revenue, not on its earnings:\nData Source: Seeking Alpha\nAbove we can see valuation ratios for Sea and what I consider to be some similar companies, though I am sure this will be a contentious point. Meli competes head-on with Sea in the eCommerce and fulfilment space. Roblox (RBLX) is an up and coming game/platform, and it is comparable to Free Fire. Shopify Inc.(NYSE:SHOP)has some unique characteristics, but it is also similar in many ways to Sea. It offers an eCommerce platform and helps merchants sell their products, and Shopify Pay is comparable to SeaMoney. Also, all of these companies are high growth companies through Sea is the best in this regard.\nIn terms of P/S and EV/Sales though, Sea is cheaper than the rest of these companies, except for Meli. Also, I like the fact that Sea has a Price/Book in line with that of Shopify. Arguably these other companies could be said to be overvalued, but the idea here is to compare these companies amongst each other.\nUltimately, Sea is growing incredibly fast, and though it isn't \"profitable\", we know that it's building a business model that will be. A P/S of 14 seems attractive given all of this and the ratio is below the more recent average of around 20.\nOther Considerations\nSome investors might think that, with the Federal Reserve tightening monetary policy, this is not a good time. The first issue here would be; how long can the Fed tighten? We've seen this play out before in 2018, and we know how it ends. More importantly though, while the Fed tightens, the PBOC is loosening monetary policy, as we saw the key benchmark lending rate cut last week.\nWhat does this mean for Sea? The effects are unclear. Easy credit in the area will help the company and its customers, but what about exchange rates? Some of these countries try to keep pegs to major currencies, so this might not change. This would suggest that South Eastern economies might have to follow the Fed in tightening monetary policy to defend this exchange rate.\nAnd lastly, what if COVID returns in full force? Again, the effects would be unclear. In many ways, Sea's business could be improved by this, even if the economy suffers overall.\nTakeaway\nNothing much has changed for Sea Limited in recent months, except for its share price, and I'd be remiss if I didn't point out this buying opportunity. The company is expanding in all areas, and even increasing its profitability, though that is less important. I'm excited to see what 2022 holds for this stock.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":4677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698014007,"gmtCreate":1640260887342,"gmtModify":1640260887660,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Yes, agree","listText":"Yes, agree","text":"Yes, agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698014007","repostId":"1184389618","repostType":4,"repost":{"id":"1184389618","kind":"news","pubTimestamp":1640230223,"share":"https://www.laohunote.com/m/news/1184389618?lang=zh_CN&edition=full","pubTime":"2021-12-23 11:30","market":"us","language":"en","title":"Grab Stock May Be Down But It Isn’t Out<blockquote>Grab 股票可能会下跌，但还没有下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184389618","media":"InvestorPlace","summary":"When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a revers","content":"<p><div> When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made ...</p><p><blockquote><div>当东南亚打车和送货公司Grab Holdings（纳斯达克股票代码：GRAB）在12月初完成与特殊目的收购公司Altimeter Growth Corp.的反向合并时，它……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Grab Stock May Be Down But It Isn’t Out<blockquote>Grab 股票可能会下跌，但还没有下跌</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\">\nGrab Stock May Be Down But It Isn’t Out<blockquote>Grab 股票可能会下跌，但还没有下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-23 11:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made ...</p><p><blockquote><div>当东南亚打车和送货公司Grab Holdings（纳斯达克股票代码：GRAB）在12月初完成与特殊目的收购公司Altimeter Growth Corp.的反向合并时，它……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">InvestorPlace</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":{"GRAB":"Grab Holdings"},"source_url":"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184389618","content_text":"When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made history as the largest company to go public via a SPAC merger. Yet, this didn’t stop GRAB stock from plummeting more than 20% on the day of the merger.\nSince then, investors have continued to give GRAB stock the cold shoulder, with shares falling another 16% to trade at $7.34 at the time of this writing.\nNow, before you write off an investment in Grab Holdings, consider that the company is still in the early innings and let’s consider where GRAB stock could go from here.\nWhat’s Behind Grab’s Cool Reception?\nGrab is the largest ride-hailing and delivery company in Southeast Asia, with operations in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam and serving more than 187 million users.\nThere are a number of plausible explanations for why GRAB stock has not been well-received by investors.\nFor starters, growth estimates for the Southeast Asian region have been lowered recently primarily due to the coronavirus pandemic. In September, the Asian Development Bank dropped its 2021 growth forecast for the region to 3.1% from 4.4% previously.\nWidespread lockdowns in the region due to recurring waves of COVID-19 have hurt demand for Grab’s ride-hailing services and weighed on revenue despite an increase in food-delivery volumes.\nGrab reported its third-quarter results on Nov. 11. Revenue fell 9% year over year to $157 million, with the company citing “a decline in mobility due to the severe lockdowns in Vietnam.” Falling revenue is obviously not something investors want to see, especially from a company that has yet to turn a profit.\nYet, the company did report a 32% year-over-year increase in gross merchandise value, with the dollar value of transactions from Grab’s services rising to $4.04 billion thanks to strength in the company’s deliveries segment.\nThere’s Reason for Optimism\nThe deal to go public through the merger with Altimeter Growth Corp. valued Grab at close to $40 billion, which as I mentioned, was a record. The fact that three weeks later GRAB stock has a market cap of about $27.5 billion tells us that perhaps things got a bit too heated. However, there is reason for optimism.\nThe ride-hailing platform has secured the backing of significant players across related industries, including DiDi Global(NYSE:DIDI),Toyota(NYSE:TM) and SoftBank’s(OTCMKTS:SFTBY) Vision Fund.\nGrab Holdings also has some positive catalysts on the horizon. For example, the company recently announced that it will be purchasing Jaya Grocer, a premium supermarket chain in Malaysia.\nThis acquisition fits nicely with the ride-hailing and delivery business model the company seeks to expand. Management refers to the model as a “superapp” focus, whereby users can access multiple services in a single, convenient location.\nThe Bottom Line on GRAB Stock\nI can’t say Grab Holdings can immediately turn things around. But its potential in the burgeoning Southeast Asian market means it remains relevant and has a long runway.\nOf the six analysts following GRAB stock, two rate it a “buy” and there are no “sell” ratings,according to The Wall Street Journal. Meanwhile, the consensus price target stands at $12.25, which represents upside of 67% from current levels.\nGRAB stock is very cheap now, so it’s hardly a dangerous speculative play. There’s a good argument to be made for investing now and hoping that the company continues to expand its footprint. Profitability should follow.","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":1426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698015738,"gmtCreate":1640260840724,"gmtModify":1640260858703,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Getting !! Not now as the operation&nbsp;may affected by Omicron&nbsp;","listText":"Getting !! Not now as the operation&nbsp;may affected by Omicron&nbsp;","text":"Getting !! Not now as the operation may affected by Omicron","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698015738","repostId":"1181160381","repostType":4,"isVote":1,"tweetType":1,"viewCount":1352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691691457,"gmtCreate":1640179614132,"gmtModify":1640179693409,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691691457","repostId":"1153143762","repostType":4,"repost":{"id":"1153143762","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":1640176630,"share":"https://www.laohunote.com/m/news/1153143762?lang=zh_CN&edition=full","pubTime":"2021-12-22 20:37","market":"us","language":"en","title":"Tesla shares rose nearly 4% in premarket trading.<blockquote>特斯拉股价在盘前交易中上涨近4%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153143762","media":"Tiger Newspress","summary":"Tesla shares rose nearly 4% in premarket trading.Tesla CEO Elon Musk said he had sold \"enough stock\"","content":"<p>Tesla shares rose nearly 4% in premarket trading.<img src=\"https://static.tigerbbs.com/669e88218cd208a7ca208f2a3b3fda24\" tg-width=\"715\" tg-height=\"580\" width=\"100%\" height=\"auto\">Tesla CEO Elon Musk said he had sold \"enough stock\" to reach his plan to sell 10% of his shares in the world's most valuable car company, according to an interview released on Tuesday.</p><p><blockquote>特斯拉股价在盘前交易中上涨近4%。根据周二发布的采访，特斯拉首席执行官埃隆·马斯克表示，他已经出售了“足够的股票”，以实现出售这家全球最有价值汽车公司 10% 股份的计划。</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>Tesla shares rose nearly 4% in premarket trading.<blockquote>特斯拉股价在盘前交易中上涨近4%。</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\">\nTesla shares rose nearly 4% in premarket trading.<blockquote>特斯拉股价在盘前交易中上涨近4%。</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\">2021-12-22 20:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla shares rose nearly 4% in premarket trading.<img src=\"https://static.tigerbbs.com/669e88218cd208a7ca208f2a3b3fda24\" tg-width=\"715\" tg-height=\"580\" width=\"100%\" height=\"auto\">Tesla CEO Elon Musk said he had sold \"enough stock\" to reach his plan to sell 10% of his shares in the world's most valuable car company, according to an interview released on Tuesday.</p><p><blockquote>特斯拉股价在盘前交易中上涨近4%。根据周二发布的采访，特斯拉首席执行官埃隆·马斯克表示，他已经出售了“足够的股票”，以实现出售这家全球最有价值汽车公司 10% 股份的计划。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153143762","content_text":"Tesla shares rose nearly 4% in premarket trading.Tesla CEO Elon Musk said he had sold \"enough stock\" to reach his plan to sell 10% of his shares in the world's most valuable car company, according to an interview released on Tuesday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693835029,"gmtCreate":1639997949770,"gmtModify":1639997950937,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Those who had bought low&nbsp; can take profit &amp; go&nbsp;","listText":"Those who had bought low&nbsp; can take profit &amp; go&nbsp;","text":"Those who had bought low can take profit & go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693835029","repostId":"1150927570","repostType":4,"repost":{"id":"1150927570","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":1639992300,"share":"https://www.laohunote.com/m/news/1150927570?lang=zh_CN&edition=full","pubTime":"2021-12-20 17:25","market":"us","language":"en","title":"Society Pass surged nearly 70% in premarket trading<blockquote>Society Pass 盘前交易飙升近 70%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150927570","media":"Tiger Newspress","summary":"Society Pass surged nearly 70% in premarket trading.\n Society Pass Incorporated, a leading Southeast","content":"<p>Society Pass&nbsp;surged&nbsp;nearly&nbsp;70%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Society Pass 在盘前交易中飙升近 70%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/72c0eec298020d16e124a5d7b04f0b58\" tg-width=\"716\" tg-height=\"615\" width=\"100%\" height=\"auto\"> Society Pass Incorporated, a leading Southeast Asian data-driven loyalty platform, today announced that the Company will be added to the Russell 2000® Index, effective at the open of the U.S. markets on December 20, 2021, according to the preliminary list of IPO additions to the Russell indexes.</p><p><blockquote>东南亚领先的数据驱动型忠诚度平台 Society Pass Incorporated 今天宣布，该公司将被纳入 Russell 2000®根据罗素指数 IPO 添加的初步名单，该指数于 2021 年 12 月 20 日美国市场开盘时生效。</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>Society Pass surged nearly 70% in premarket trading<blockquote>Society Pass 盘前交易飙升近 70%</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\">\nSociety Pass surged nearly 70% in premarket trading<blockquote>Society Pass 盘前交易飙升近 70%</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\">2021-12-20 17:25</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Society Pass&nbsp;surged&nbsp;nearly&nbsp;70%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Society Pass 在盘前交易中飙升近 70%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/72c0eec298020d16e124a5d7b04f0b58\" tg-width=\"716\" tg-height=\"615\" width=\"100%\" height=\"auto\"> Society Pass Incorporated, a leading Southeast Asian data-driven loyalty platform, today announced that the Company will be added to the Russell 2000® Index, effective at the open of the U.S. markets on December 20, 2021, according to the preliminary list of IPO additions to the Russell indexes.</p><p><blockquote>东南亚领先的数据驱动型忠诚度平台 Society Pass Incorporated 今天宣布，该公司将被纳入 Russell 2000®根据罗素指数 IPO 添加的初步名单，该指数于 2021 年 12 月 20 日美国市场开盘时生效。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150927570","content_text":"Society Pass surged nearly 70% in premarket trading.\n Society Pass Incorporated, a leading Southeast Asian data-driven loyalty platform, today announced that the Company will be added to the Russell 2000® Index, effective at the open of the U.S. markets on December 20, 2021, according to the preliminary list of IPO additions to the Russell indexes.","news_type":1,"symbols_score_info":{"SOPA":0.9}},"isVote":1,"tweetType":1,"viewCount":956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693836421,"gmtCreate":1639997616773,"gmtModify":1639997617966,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Yes, waiting to buy at $200 supporting level&nbsp;","listText":"Yes, waiting to buy at $200 supporting level&nbsp;","text":"Yes, waiting to buy at $200 supporting level","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693836421","repostId":"1109541249","repostType":4,"repost":{"id":"1109541249","kind":"news","pubTimestamp":1639972523,"share":"https://www.laohunote.com/m/news/1109541249?lang=zh_CN&edition=full","pubTime":"2021-12-20 11:55","market":"us","language":"en","title":"Sea Stock: Down 43% From Its High, is a Buy Now?<blockquote>Sea股票：较高点下跌43%，现在买入吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109541249","media":"Seeking Alpha","summary":"Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the mar","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Sea Limited stock has been battered recently as growth stocks sold off massively in the market.</li>  <li>However, we believe that the fundamental thesis on its rapid growth remains robust.</li>  <li>We discuss why investors should capitalize on its recent significant correction to add exposure.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa5cbe0a30acc723a2c6f62300024002\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>kokkai/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>由于市场成长型股票大幅抛售，Sea Limited 的股票最近遭受重创。</li><li>然而，我们认为其快速增长的基本论点仍然稳固。</li><li>我们讨论为什么投资者应该利用最近的重大调整来增加风险敞口。</li></ul><p class=\"t-img-caption\"><span>kokkai/iStock 未通过 Getty Images 发布</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Sea Limited(NYSE:SE)&nbsp;stock is one of our highest conviction growth stocks that has been severely battered over the last month. Since its recent all-time high (ATH) in October, its price has dropped by a dramatic 43%. Many reasons have been presented on why the stock has fallen. We exhort investors not to read too much into them. We believe nothing material has changed from its fundamental thesis. The stock has had a remarkable run in 2021 relative to its gaming peers or e-tailer peers. Therefore, profit-taking of this extent should not be surprising as fear struck growth stocks.</p><p><blockquote>Sea Limited（纽约证券交易所股票代码：SE）股票是我们最相信的成长型股票之一，在上个月遭受了严重打击。自 10 月份创下历史新高 (ATH) 以来，其价格已大幅下跌 43%。关于该股下跌的原因有很多。我们建议投资者不要过多地解读它们。我们认为它的基本论点没有任何实质性的改变。相对于游戏同行或电子零售商同行，该股在 2021 年表现出色。因此，当恐惧袭击成长型股票时，这种程度的获利了结并不奇怪。</blockquote></p><p> Moreover, the recent significant correction in growth stocks across the market has also hit SE stock hard. But, we are not concerned. Significant volatility will always be a factor influencing the performance of growth stocks like SE in the short term.</p><p><blockquote>此外，近期全市场成长股的大幅回调也对SE股造成了沉重打击。但是，我们并不担心。短期内，显著的波动性始终是影响SE等成长股表现的一个因素。</blockquote></p><p> Notably, we observed that the consensus target price on SE stock had been revised upwards since its FQ3 report card. Moreover, the gap between its price target and its current stock price has been greater than its last significant correction in April/May.</p><p><blockquote>值得注意的是，我们观察到，自第三季度报告以来，SE 股票的一致目标价已被上调。此外，其目标价与其当前股价之间的差距已经大于其上一次在4月/5月的大幅调整。</blockquote></p><p> Our internal DCF valuation model also points to a stock that is now significantly undervalued. Thanks to the market's myopia, we have been presented with another fantastic opportunity since April/May to add SE stock with great fervor again.</p><p><blockquote>我们的内部 DCF 估值模型还指出了一只目前被严重低估的股票。由于市场的短视，自4月/5月以来，我们又迎来了一个绝佳的机会，再次以极大的热情增持SE股票。</blockquote></p><p> We discuss why we think investors should not miss this incredible opportunity to add exposure to an outstanding growth stock.</p><p><blockquote>我们讨论为什么我们认为投资者不应该错过这个难以置信的机会来增加对优秀成长型股票的投资。</blockquote></p><p> <b>SE Stock YTD Performance</b></p><p><blockquote><b>SE 股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c191d1f0f6a10e392845cdbda1264aa\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>SE stock YTD performance (as of 17 December'21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE股票年初至今表现（截至21年12月17日）。</span></p></blockquote></p><p> As a result of the significant correction recently, SE stock's YTD return has dropped to 6.9%, thus underperforming the market. Notably, its YTD gain was as high as 80% in October/early November. Despite that, the stock is still outperforming its e-tailer and gaming peers, as shown above.</p><p><blockquote>由于最近的大幅调整，SE股票的年初至今回报率已降至6.9%，因此跑输大盘。值得注意的是，其年初至今的涨幅在10月/11月初高达80%。尽管如此，如上图所示，该股的表现仍然优于电子零售商和游戏同行。</blockquote></p><p> <b>Sea Stock Estimates Have Consistently Been Revised Upwards</b></p><p><blockquote><b>Sea 股票预测一直被上调</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8555128e2a30e924dd6c2dd162a27eea\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised revenue mean consensus estimates. Data source: S&amp;P Capital IQ, Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>Sea Limited 修订后的收入平均共识估计。数据来源：标普资本智商、Seeking Alpha</span></p></blockquote></p><p> Readers can quickly observe that the company's revenue consensus estimates for FY21-23 have consistently been revised upwards over the last five months. These revisions lend credence to the robust growth prospects of the company over the next two years. Notably, Sea Limited's revenue is estimated to increase at a phenomenal CAGR of 42.8% through FY23.</p><p><blockquote>读者可以很快观察到，该公司对 21-23 财年的收入共识预期在过去五个月中一直被上调。这些修订为公司未来两年强劲的增长前景提供了可信度。值得注意的是，Sea Limited 的收入预计将通过2023财年以 42.8% 的惊人复合年增长率增长。</blockquote></p><p> There were concerns over the growth rates of its Garena gaming arm in its FQ3 report card.We also explained in our previous article&nbsp;that Sea Limited has clearly explained that investors should expect normalization in Garena's growth after two spectacular years. However, its monetization capability continues to dazzle. Therefore, we are confident that Garena can continue its robust monetization strategies moving forward.</p><p><blockquote>第三季度成绩单中对 Garena 游戏部门的增长率表示担忧。我们还在之前的文章中解释说，Sea Limited 已明确解释说，投资者应该期待 Garena 在经历了辉煌的两年后增长恢复正常。然而，其变现能力继续令人眼花缭乱。因此，我们相信 Garena 能够继续其稳健的货币化战略。</blockquote></p><p> Moreover, data from Sensor Tower's recent gaming statistics continue to point to sturdy performance from its Free Fire game. It continues to be ranked among the&nbsp;top ten mobile games in terms of overall gaming revenue&nbsp;in November. Moreover, it's also ranked#2 in overall downloadsacross both the App Store and Google Play. Notably, it's also among&nbsp;eight games globally whose annual revenue crossed $1B&nbsp;as of 14 December. Therefore, we think the sentiments and chatter about Free Fire's \"one-shot wonder\" have been overblown.</p><p><blockquote>此外，Sensor Tower最近的游戏统计数据继续表明其Free Fire游戏的强劲表现。就11月游戏整体收入而言，它继续位居移动游戏前十。此外，它在App Store和Google Play的总下载量中也排名第二。值得注意的是，截至12月14日，它也是全球八款年收入超过10亿美元的游戏之一。因此，我们认为关于Free Fire“一次性奇迹”的情绪和喋喋不休被夸大了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51247ba1efd7fa6d333b482446e94c9a\" tg-width=\"515\" tg-height=\"380\" referrerpolicy=\"no-referrer\"><span>Global games market forecast. Source: Google, Newzoo</span></p><p><blockquote><p class=\"t-img-caption\"><span>全球游戏市场预测。资料来源：谷歌、Newzoo</span></p></blockquote></p><p></p><p> In addition, the global gaming market is estimated to experience a slight decline to $175.8B after last year's massive 23% growth to $177.8B. However, given Garena's impressive growth in FY21 despite the decline in the global market, we believe it validates its business model and prospects. Notably, the gaming market is expected to reverse its decline moving forward. Therefore, Garena's leadership in mobile gaming could continue to propel its growth underpinned by the recovery in the global gaming market.</p><p><blockquote>此外，全球博彩市场在去年大幅增长 23% 至 177.8B 美元后，预计将略有下降至 175.8B 美元。然而，鉴于尽管全球市场下滑，Garena 在 2021 财年仍实现了令人印象深刻的增长，我们相信这验证了其商业模式和前景。值得注意的是，博彩市场有望在未来扭转颓势。因此，在全球游戏市场复苏的推动下，Garena 在移动游戏领域的领导地位可能会继续推动其增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a0612da9a19f7b7198d43213b4f4470\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Shopee adjusted EBITDA per order. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>Shopee 调整了每个订单的 EBITDA。数据来源：公司文件</span></p></blockquote></p><p> But, some investors may have been spooked by Shopee's (Sea Limited's e-commerce arm) continued expansion into new geographical markets. Notably, Shopee continues to report adjusted EBITDA loss per order, as shown above. Therefore, some investors might have been concerned about whether the company's plate is getting too much to handle. Over the last three months, the company has entered into new markets such as India, France, Spain, and Poland. They are in addition to its battle with MercadoLibre (MELI) in Latin America, particularly Brazil. As a result, there are concerns on whether Sea Limited could continue its adroit execution in these markets while still making losses. We believe such concerns are valid. However, Sea Limited has shown its tremendous capability in penetrating the most important markets where the incumbents have strong leadership. It includes Lazada (BABA) in Southeast Asia, MercadoLibre in Brazil, and Tokopedia in Indonesia. Shopee was never the first-mover. But, it took advantage as the \"late-comer\" as it sought to compete with the incumbents. It's important to note that Sea Limited is not averse to competition. It has thrived against the incumbents and has made the e-commerce space in these geographical regions much more competitive.</p><p><blockquote>但是，一些投资者可能对 Shopee（Sea Limited 的电子商务部门）向新地理市场的持续扩张感到害怕。值得注意的是，Shopee 继续报告每个订单的调整后 EBITDA 损失，如上所示。因此，一些投资者可能担心该公司的盘子是否有太多难以处理。在过去的三个月里，该公司进入了印度、法国、西班牙和波兰等新市场。此外，它还在拉丁美洲，特别是巴西与自由市场（MELI）的斗争。因此，人们担心 Sea Limited 能否在这些市场继续其娴熟的执行，同时仍在亏损。我们认为这种担忧是合理的。然而，Sea Limited 在渗透现有企业拥有强大领导地位的最重要市场方面表现出了巨大的能力。它包括东南亚的Lazada（BABA）、巴西的MercadoLibre和印度尼西亚的Tokopedia。Shopee从来都不是先行者。但是，它利用了“后来者”的优势，试图与现任者竞争。值得注意的是，Sea Limited并不反对竞争。它与现有企业相比蓬勃发展，并使这些地理区域的电子商务领域更具竞争力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80938433e2d55307ca40000eeea2a26f\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised adjusted EPS mean consensus estimates. Data source: S&amp;P Capital IQ, Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>Sea Limited 修订调整后每股收益平均共识估计。数据来源：标普资本智商、Seeking Alpha</span></p></blockquote></p><p> Nevertheless, the road towards profitability might be stretched further due to its e-commerce expansion. Readers can quickly glance over the chart above, where its adjusted EPS estimates have been revised downwards through FY23 over the last five months. However, we believe that if you are a long-term investor with a five-year horizon at least, it's not a cause for concern. Earlier investors in Sea Limited can keenly recall the company's massive adjusted EBITDA per order losses, as seen in the previous chart. Shopee has scaled tremendously over the last five years and has improved its operating leverage further. But, it's important to note that it takes time to scale up. Therefore, earlier losses in new geographical markets are expected. But, management has demonstrated its execution capability over the last three years. Considering its much reduced adjusted EBITDA losses over the previous few years, we believe that Shopee is even better positioned than before to navigate its expansion.</p><p><blockquote>然而，由于其电子商务的扩张，盈利之路可能会进一步延长。读者可以快速浏览上图，其中2023财年在过去五个月中对其调整后的每股收益预期进行了下调。然而，我们认为，如果您是至少有五年期限的长期投资者，则无需担心。Sea Limited 的早期投资者可以清楚地回忆起该公司每笔订单的巨额调整后 EBITDA 损失，如上图表所示。Shopee 在过去五年中规模巨大，并进一步提高了运营杠杆。但是，重要的是要注意，扩大规模需要时间。因此，预计新地理市场的早期亏损。但是，管理层在过去三年中已经展示了其执行能力。考虑到过去几年调整后 EBITDA 亏损大幅减少，我们相信 Shopee 比以前更有能力进行扩张。</blockquote></p><p> <b>So, is SE Stock a Buy Now?</b></p><p><blockquote><b>那么，SE 股票现在值得买入吗？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dbc835e49ded8a7a0e5f4fcc9e10649\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>SE stock EV/NTM Revenue 4Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE股票EV/NTM收入4年平均值。</span></p></blockquote></p><p> SE stock is trading at an EV/NTM Revenue of 8.3x. Therefore, it has brought it back to its 4Y NTM revenue multiple mean of 8.6x. We believe there's a fantastic opportunity right now as the market has undoubtedly overreacted. As demonstrated clearly, SE is still expected to generate massive revenue growth moving ahead, even though it means the road to profitability gets further extended.</p><p><blockquote>SE 股票的 EV/NTM 收入为 8.3 倍。因此，它已将其恢复到 4 年 NTM 收入倍数平均值 8.6 倍。我们相信现在有一个绝佳的机会，因为市场无疑已经反应过度。正如清楚地表明的那样，SE 仍有望在未来实现巨大的收入增长，尽管这意味着盈利之路将进一步延长。</blockquote></p><p> Considering its FY23 revenue estimate, SE stock is trading at just 5.8x FY23 revenue. No one can accurately predict where the stock will be headed over the next few months. But, we think it represents a tremendous opportunity right now.</p><p><blockquote>考虑到其2023财年收入预期，SE 股票的交易价格仅为2023财年收入的 5.8 倍。没有人能够准确预测该股未来几个月的走势。但是，我们认为现在这是一个巨大的机会。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3bea18a0bdfd970ea640308dc35e099c\" tg-width=\"635\" tg-height=\"362\" referrerpolicy=\"no-referrer\"><span>SE stock price target Vs. actual price trend. Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE 股价目标与实际价格趋势。来源：Seeking Alpha</span></p></blockquote></p><p></p><p> Moreover, readers can observe that the valuation gap between SE stock's consensus price target (PT) of $405.87 and its current price has never been more significant in a while. It's even more pronounced than its last significant correction in April/May. Notably, the consensus price target has been revised upwards despite the so-called \"gaming headwinds.\" And, if you look at the price chart, SE stock price has followed the revised PT trend very consistently over time. Therefore, the current price could be one of the most significant discounts you could observe in a long time.</p><p><blockquote>此外，读者可以观察到，SE 股票的共识目标价 (PT) 405.87 美元与其当前价格之间的估值差距一段时间以来从未如此显着。这比4月/5月的上一次大幅调整更加明显。值得注意的是，尽管存在所谓的“博彩逆风”，但共识目标价格已被上调。而且，如果你看一下价格图表，随着时间的推移，SE 股价一直非常一致地遵循修订后的 PT 趋势。因此，当前价格可能是您在很长一段时间内观察到的最大折扣之一。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/939a544ab94c9e2a2b8a6db943703b39\" tg-width=\"910\" tg-height=\"602\" referrerpolicy=\"no-referrer\"><span>SE stock DCF valuation model. Data source: S&amp;P Capital IQ, company filings, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE股票DCF估值模型。数据来源：S&amp;P Capital IQ、公司文件、作者</span></p></blockquote></p><p> Our DCF model also shows that SE stock is now significantly undervalued with an implied fair value of $371.46. We have also used reasonable estimates in our model. Moreover, we believe that SE will continue to gain significant operating leverage as it scales in the new markets. We estimate that its adjusted EBITDA margins could reach 15% by FY25.</p><p><blockquote>我们的 DCF 模型还显示，SE 股票目前被严重低估，隐含公允价值为 371.46 美元。我们在模型中也使用了合理的估计。此外，我们相信，随着SE在新市场的扩大规模，SE将继续获得显著的运营杠杆。我们预计，到 2025 财年，其调整后 EBITDA 利润率可能达到 15%。</blockquote></p><p> Lastly, the stock is also testing a critical support level that has strongly underpinned the stock's advance since early 2021. Therefore, there are sufficient reasons to believe that the current entry point to add exposure to SE stock seems very attractive now.</p><p><blockquote>最后，该股还在测试一个关键支撑位，该支撑位自 2021 年初以来一直有力地支撑着该股的上涨。因此，有足够的理由相信，目前增加SE股票敞口的切入点现在看来非常有吸引力。</blockquote></p><p> Consequently,<i>we revise our rating on SE stock to Strong Buy</i>.</p><p><blockquote>因此，<i>我们将 SE 股票评级修改为强力买入</i>.</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>Sea Stock: Down 43% From Its High, is a Buy Now?<blockquote>Sea股票：较高点下跌43%，现在买入吗？</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\">\nSea Stock: Down 43% From Its High, is a Buy Now?<blockquote>Sea股票：较高点下跌43%，现在买入吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-20 11:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Sea Limited stock has been battered recently as growth stocks sold off massively in the market.</li>  <li>However, we believe that the fundamental thesis on its rapid growth remains robust.</li>  <li>We discuss why investors should capitalize on its recent significant correction to add exposure.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa5cbe0a30acc723a2c6f62300024002\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>kokkai/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>由于市场成长型股票大幅抛售，Sea Limited 的股票最近遭受重创。</li><li>然而，我们认为其快速增长的基本论点仍然稳固。</li><li>我们讨论为什么投资者应该利用最近的重大调整来增加风险敞口。</li></ul><p class=\"t-img-caption\"><span>kokkai/iStock 未通过 Getty Images 发布</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Sea Limited(NYSE:SE)&nbsp;stock is one of our highest conviction growth stocks that has been severely battered over the last month. Since its recent all-time high (ATH) in October, its price has dropped by a dramatic 43%. Many reasons have been presented on why the stock has fallen. We exhort investors not to read too much into them. We believe nothing material has changed from its fundamental thesis. The stock has had a remarkable run in 2021 relative to its gaming peers or e-tailer peers. Therefore, profit-taking of this extent should not be surprising as fear struck growth stocks.</p><p><blockquote>Sea Limited（纽约证券交易所股票代码：SE）股票是我们最相信的成长型股票之一，在上个月遭受了严重打击。自 10 月份创下历史新高 (ATH) 以来，其价格已大幅下跌 43%。关于该股下跌的原因有很多。我们建议投资者不要过多地解读它们。我们认为它的基本论点没有任何实质性的改变。相对于游戏同行或电子零售商同行，该股在 2021 年表现出色。因此，当恐惧袭击成长型股票时，这种程度的获利了结并不奇怪。</blockquote></p><p> Moreover, the recent significant correction in growth stocks across the market has also hit SE stock hard. But, we are not concerned. Significant volatility will always be a factor influencing the performance of growth stocks like SE in the short term.</p><p><blockquote>此外，近期全市场成长股的大幅回调也对SE股造成了沉重打击。但是，我们并不担心。短期内，显著的波动性始终是影响SE等成长股表现的一个因素。</blockquote></p><p> Notably, we observed that the consensus target price on SE stock had been revised upwards since its FQ3 report card. Moreover, the gap between its price target and its current stock price has been greater than its last significant correction in April/May.</p><p><blockquote>值得注意的是，我们观察到，自第三季度报告以来，SE 股票的一致目标价已被上调。此外，其目标价与其当前股价之间的差距已经大于其上一次在4月/5月的大幅调整。</blockquote></p><p> Our internal DCF valuation model also points to a stock that is now significantly undervalued. Thanks to the market's myopia, we have been presented with another fantastic opportunity since April/May to add SE stock with great fervor again.</p><p><blockquote>我们的内部 DCF 估值模型还指出了一只目前被严重低估的股票。由于市场的短视，自4月/5月以来，我们又迎来了一个绝佳的机会，再次以极大的热情增持SE股票。</blockquote></p><p> We discuss why we think investors should not miss this incredible opportunity to add exposure to an outstanding growth stock.</p><p><blockquote>我们讨论为什么我们认为投资者不应该错过这个难以置信的机会来增加对优秀成长型股票的投资。</blockquote></p><p> <b>SE Stock YTD Performance</b></p><p><blockquote><b>SE 股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c191d1f0f6a10e392845cdbda1264aa\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>SE stock YTD performance (as of 17 December'21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE股票年初至今表现（截至21年12月17日）。</span></p></blockquote></p><p> As a result of the significant correction recently, SE stock's YTD return has dropped to 6.9%, thus underperforming the market. Notably, its YTD gain was as high as 80% in October/early November. Despite that, the stock is still outperforming its e-tailer and gaming peers, as shown above.</p><p><blockquote>由于最近的大幅调整，SE股票的年初至今回报率已降至6.9%，因此跑输大盘。值得注意的是，其年初至今的涨幅在10月/11月初高达80%。尽管如此，如上图所示，该股的表现仍然优于电子零售商和游戏同行。</blockquote></p><p> <b>Sea Stock Estimates Have Consistently Been Revised Upwards</b></p><p><blockquote><b>Sea 股票预测一直被上调</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8555128e2a30e924dd6c2dd162a27eea\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised revenue mean consensus estimates. Data source: S&amp;P Capital IQ, Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>Sea Limited 修订后的收入平均共识估计。数据来源：标普资本智商、Seeking Alpha</span></p></blockquote></p><p> Readers can quickly observe that the company's revenue consensus estimates for FY21-23 have consistently been revised upwards over the last five months. These revisions lend credence to the robust growth prospects of the company over the next two years. Notably, Sea Limited's revenue is estimated to increase at a phenomenal CAGR of 42.8% through FY23.</p><p><blockquote>读者可以很快观察到，该公司对 21-23 财年的收入共识预期在过去五个月中一直被上调。这些修订为公司未来两年强劲的增长前景提供了可信度。值得注意的是，Sea Limited 的收入预计将通过2023财年以 42.8% 的惊人复合年增长率增长。</blockquote></p><p> There were concerns over the growth rates of its Garena gaming arm in its FQ3 report card.We also explained in our previous article&nbsp;that Sea Limited has clearly explained that investors should expect normalization in Garena's growth after two spectacular years. However, its monetization capability continues to dazzle. Therefore, we are confident that Garena can continue its robust monetization strategies moving forward.</p><p><blockquote>第三季度成绩单中对 Garena 游戏部门的增长率表示担忧。我们还在之前的文章中解释说，Sea Limited 已明确解释说，投资者应该期待 Garena 在经历了辉煌的两年后增长恢复正常。然而，其变现能力继续令人眼花缭乱。因此，我们相信 Garena 能够继续其稳健的货币化战略。</blockquote></p><p> Moreover, data from Sensor Tower's recent gaming statistics continue to point to sturdy performance from its Free Fire game. It continues to be ranked among the&nbsp;top ten mobile games in terms of overall gaming revenue&nbsp;in November. Moreover, it's also ranked#2 in overall downloadsacross both the App Store and Google Play. Notably, it's also among&nbsp;eight games globally whose annual revenue crossed $1B&nbsp;as of 14 December. Therefore, we think the sentiments and chatter about Free Fire's \"one-shot wonder\" have been overblown.</p><p><blockquote>此外，Sensor Tower最近的游戏统计数据继续表明其Free Fire游戏的强劲表现。就11月游戏整体收入而言，它继续位居移动游戏前十。此外，它在App Store和Google Play的总下载量中也排名第二。值得注意的是，截至12月14日，它也是全球八款年收入超过10亿美元的游戏之一。因此，我们认为关于Free Fire“一次性奇迹”的情绪和喋喋不休被夸大了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51247ba1efd7fa6d333b482446e94c9a\" tg-width=\"515\" tg-height=\"380\" referrerpolicy=\"no-referrer\"><span>Global games market forecast. Source: Google, Newzoo</span></p><p><blockquote><p class=\"t-img-caption\"><span>全球游戏市场预测。资料来源：谷歌、Newzoo</span></p></blockquote></p><p></p><p> In addition, the global gaming market is estimated to experience a slight decline to $175.8B after last year's massive 23% growth to $177.8B. However, given Garena's impressive growth in FY21 despite the decline in the global market, we believe it validates its business model and prospects. Notably, the gaming market is expected to reverse its decline moving forward. Therefore, Garena's leadership in mobile gaming could continue to propel its growth underpinned by the recovery in the global gaming market.</p><p><blockquote>此外，全球博彩市场在去年大幅增长 23% 至 177.8B 美元后，预计将略有下降至 175.8B 美元。然而，鉴于尽管全球市场下滑，Garena 在 2021 财年仍实现了令人印象深刻的增长，我们相信这验证了其商业模式和前景。值得注意的是，博彩市场有望在未来扭转颓势。因此，在全球游戏市场复苏的推动下，Garena 在移动游戏领域的领导地位可能会继续推动其增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a0612da9a19f7b7198d43213b4f4470\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Shopee adjusted EBITDA per order. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>Shopee 调整了每个订单的 EBITDA。数据来源：公司文件</span></p></blockquote></p><p> But, some investors may have been spooked by Shopee's (Sea Limited's e-commerce arm) continued expansion into new geographical markets. Notably, Shopee continues to report adjusted EBITDA loss per order, as shown above. Therefore, some investors might have been concerned about whether the company's plate is getting too much to handle. Over the last three months, the company has entered into new markets such as India, France, Spain, and Poland. They are in addition to its battle with MercadoLibre (MELI) in Latin America, particularly Brazil. As a result, there are concerns on whether Sea Limited could continue its adroit execution in these markets while still making losses. We believe such concerns are valid. However, Sea Limited has shown its tremendous capability in penetrating the most important markets where the incumbents have strong leadership. It includes Lazada (BABA) in Southeast Asia, MercadoLibre in Brazil, and Tokopedia in Indonesia. Shopee was never the first-mover. But, it took advantage as the \"late-comer\" as it sought to compete with the incumbents. It's important to note that Sea Limited is not averse to competition. It has thrived against the incumbents and has made the e-commerce space in these geographical regions much more competitive.</p><p><blockquote>但是，一些投资者可能对 Shopee（Sea Limited 的电子商务部门）向新地理市场的持续扩张感到害怕。值得注意的是，Shopee 继续报告每个订单的调整后 EBITDA 损失，如上所示。因此，一些投资者可能担心该公司的盘子是否有太多难以处理。在过去的三个月里，该公司进入了印度、法国、西班牙和波兰等新市场。此外，它还在拉丁美洲，特别是巴西与自由市场（MELI）的斗争。因此，人们担心 Sea Limited 能否在这些市场继续其娴熟的执行，同时仍在亏损。我们认为这种担忧是合理的。然而，Sea Limited 在渗透现有企业拥有强大领导地位的最重要市场方面表现出了巨大的能力。它包括东南亚的Lazada（BABA）、巴西的MercadoLibre和印度尼西亚的Tokopedia。Shopee从来都不是先行者。但是，它利用了“后来者”的优势，试图与现任者竞争。值得注意的是，Sea Limited并不反对竞争。它与现有企业相比蓬勃发展，并使这些地理区域的电子商务领域更具竞争力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80938433e2d55307ca40000eeea2a26f\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised adjusted EPS mean consensus estimates. Data source: S&amp;P Capital IQ, Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>Sea Limited 修订调整后每股收益平均共识估计。数据来源：标普资本智商、Seeking Alpha</span></p></blockquote></p><p> Nevertheless, the road towards profitability might be stretched further due to its e-commerce expansion. Readers can quickly glance over the chart above, where its adjusted EPS estimates have been revised downwards through FY23 over the last five months. However, we believe that if you are a long-term investor with a five-year horizon at least, it's not a cause for concern. Earlier investors in Sea Limited can keenly recall the company's massive adjusted EBITDA per order losses, as seen in the previous chart. Shopee has scaled tremendously over the last five years and has improved its operating leverage further. But, it's important to note that it takes time to scale up. Therefore, earlier losses in new geographical markets are expected. But, management has demonstrated its execution capability over the last three years. Considering its much reduced adjusted EBITDA losses over the previous few years, we believe that Shopee is even better positioned than before to navigate its expansion.</p><p><blockquote>然而，由于其电子商务的扩张，盈利之路可能会进一步延长。读者可以快速浏览上图，其中2023财年在过去五个月中对其调整后的每股收益预期进行了下调。然而，我们认为，如果您是至少有五年期限的长期投资者，则无需担心。Sea Limited 的早期投资者可以清楚地回忆起该公司每笔订单的巨额调整后 EBITDA 损失，如上图表所示。Shopee 在过去五年中规模巨大，并进一步提高了运营杠杆。但是，重要的是要注意，扩大规模需要时间。因此，预计新地理市场的早期亏损。但是，管理层在过去三年中已经展示了其执行能力。考虑到过去几年调整后 EBITDA 亏损大幅减少，我们相信 Shopee 比以前更有能力进行扩张。</blockquote></p><p> <b>So, is SE Stock a Buy Now?</b></p><p><blockquote><b>那么，SE 股票现在值得买入吗？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dbc835e49ded8a7a0e5f4fcc9e10649\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>SE stock EV/NTM Revenue 4Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE股票EV/NTM收入4年平均值。</span></p></blockquote></p><p> SE stock is trading at an EV/NTM Revenue of 8.3x. Therefore, it has brought it back to its 4Y NTM revenue multiple mean of 8.6x. We believe there's a fantastic opportunity right now as the market has undoubtedly overreacted. As demonstrated clearly, SE is still expected to generate massive revenue growth moving ahead, even though it means the road to profitability gets further extended.</p><p><blockquote>SE 股票的 EV/NTM 收入为 8.3 倍。因此，它已将其恢复到 4 年 NTM 收入倍数平均值 8.6 倍。我们相信现在有一个绝佳的机会，因为市场无疑已经反应过度。正如清楚地表明的那样，SE 仍有望在未来实现巨大的收入增长，尽管这意味着盈利之路将进一步延长。</blockquote></p><p> Considering its FY23 revenue estimate, SE stock is trading at just 5.8x FY23 revenue. No one can accurately predict where the stock will be headed over the next few months. But, we think it represents a tremendous opportunity right now.</p><p><blockquote>考虑到其2023财年收入预期，SE 股票的交易价格仅为2023财年收入的 5.8 倍。没有人能够准确预测该股未来几个月的走势。但是，我们认为现在这是一个巨大的机会。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3bea18a0bdfd970ea640308dc35e099c\" tg-width=\"635\" tg-height=\"362\" referrerpolicy=\"no-referrer\"><span>SE stock price target Vs. actual price trend. Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE 股价目标与实际价格趋势。来源：Seeking Alpha</span></p></blockquote></p><p></p><p> Moreover, readers can observe that the valuation gap between SE stock's consensus price target (PT) of $405.87 and its current price has never been more significant in a while. It's even more pronounced than its last significant correction in April/May. Notably, the consensus price target has been revised upwards despite the so-called \"gaming headwinds.\" And, if you look at the price chart, SE stock price has followed the revised PT trend very consistently over time. Therefore, the current price could be one of the most significant discounts you could observe in a long time.</p><p><blockquote>此外，读者可以观察到，SE 股票的共识目标价 (PT) 405.87 美元与其当前价格之间的估值差距一段时间以来从未如此显着。这比4月/5月的上一次大幅调整更加明显。值得注意的是，尽管存在所谓的“博彩逆风”，但共识目标价格已被上调。而且，如果你看一下价格图表，随着时间的推移，SE 股价一直非常一致地遵循修订后的 PT 趋势。因此，当前价格可能是您在很长一段时间内观察到的最大折扣之一。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/939a544ab94c9e2a2b8a6db943703b39\" tg-width=\"910\" tg-height=\"602\" referrerpolicy=\"no-referrer\"><span>SE stock DCF valuation model. Data source: S&amp;P Capital IQ, company filings, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>SE股票DCF估值模型。数据来源：S&amp;P Capital IQ、公司文件、作者</span></p></blockquote></p><p> Our DCF model also shows that SE stock is now significantly undervalued with an implied fair value of $371.46. We have also used reasonable estimates in our model. Moreover, we believe that SE will continue to gain significant operating leverage as it scales in the new markets. We estimate that its adjusted EBITDA margins could reach 15% by FY25.</p><p><blockquote>我们的 DCF 模型还显示，SE 股票目前被严重低估，隐含公允价值为 371.46 美元。我们在模型中也使用了合理的估计。此外，我们相信，随着SE在新市场的扩大规模，SE将继续获得显著的运营杠杆。我们预计，到 2025 财年，其调整后 EBITDA 利润率可能达到 15%。</blockquote></p><p> Lastly, the stock is also testing a critical support level that has strongly underpinned the stock's advance since early 2021. Therefore, there are sufficient reasons to believe that the current entry point to add exposure to SE stock seems very attractive now.</p><p><blockquote>最后，该股还在测试一个关键支撑位，该支撑位自 2021 年初以来一直有力地支撑着该股的上涨。因此，有足够的理由相信，目前增加SE股票敞口的切入点现在看来非常有吸引力。</blockquote></p><p> Consequently,<i>we revise our rating on SE stock to Strong Buy</i>.</p><p><blockquote>因此，<i>我们将 SE 股票评级修改为强力买入</i>.</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy\">Seeking Alpha</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":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109541249","content_text":"Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the market.\nHowever, we believe that the fundamental thesis on its rapid growth remains robust.\nWe discuss why investors should capitalize on its recent significant correction to add exposure.\n\nkokkai/iStock Unreleased via Getty Images\nInvestment Thesis\nSea Limited(NYSE:SE) stock is one of our highest conviction growth stocks that has been severely battered over the last month. Since its recent all-time high (ATH) in October, its price has dropped by a dramatic 43%. Many reasons have been presented on why the stock has fallen. We exhort investors not to read too much into them. We believe nothing material has changed from its fundamental thesis. The stock has had a remarkable run in 2021 relative to its gaming peers or e-tailer peers. Therefore, profit-taking of this extent should not be surprising as fear struck growth stocks.\nMoreover, the recent significant correction in growth stocks across the market has also hit SE stock hard. But, we are not concerned. Significant volatility will always be a factor influencing the performance of growth stocks like SE in the short term.\nNotably, we observed that the consensus target price on SE stock had been revised upwards since its FQ3 report card. Moreover, the gap between its price target and its current stock price has been greater than its last significant correction in April/May.\nOur internal DCF valuation model also points to a stock that is now significantly undervalued. Thanks to the market's myopia, we have been presented with another fantastic opportunity since April/May to add SE stock with great fervor again.\nWe discuss why we think investors should not miss this incredible opportunity to add exposure to an outstanding growth stock.\nSE Stock YTD Performance\nSE stock YTD performance (as of 17 December'21).\nAs a result of the significant correction recently, SE stock's YTD return has dropped to 6.9%, thus underperforming the market. Notably, its YTD gain was as high as 80% in October/early November. Despite that, the stock is still outperforming its e-tailer and gaming peers, as shown above.\nSea Stock Estimates Have Consistently Been Revised Upwards\nSea Limited revised revenue mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha\nReaders can quickly observe that the company's revenue consensus estimates for FY21-23 have consistently been revised upwards over the last five months. These revisions lend credence to the robust growth prospects of the company over the next two years. Notably, Sea Limited's revenue is estimated to increase at a phenomenal CAGR of 42.8% through FY23.\nThere were concerns over the growth rates of its Garena gaming arm in its FQ3 report card.We also explained in our previous article that Sea Limited has clearly explained that investors should expect normalization in Garena's growth after two spectacular years. However, its monetization capability continues to dazzle. Therefore, we are confident that Garena can continue its robust monetization strategies moving forward.\nMoreover, data from Sensor Tower's recent gaming statistics continue to point to sturdy performance from its Free Fire game. It continues to be ranked among the top ten mobile games in terms of overall gaming revenue in November. Moreover, it's also ranked#2 in overall downloadsacross both the App Store and Google Play. Notably, it's also among eight games globally whose annual revenue crossed $1B as of 14 December. Therefore, we think the sentiments and chatter about Free Fire's \"one-shot wonder\" have been overblown.\nGlobal games market forecast. Source: Google, Newzoo\nIn addition, the global gaming market is estimated to experience a slight decline to $175.8B after last year's massive 23% growth to $177.8B. However, given Garena's impressive growth in FY21 despite the decline in the global market, we believe it validates its business model and prospects. Notably, the gaming market is expected to reverse its decline moving forward. Therefore, Garena's leadership in mobile gaming could continue to propel its growth underpinned by the recovery in the global gaming market.\nShopee adjusted EBITDA per order. Data source: Company filings\nBut, some investors may have been spooked by Shopee's (Sea Limited's e-commerce arm) continued expansion into new geographical markets. Notably, Shopee continues to report adjusted EBITDA loss per order, as shown above. Therefore, some investors might have been concerned about whether the company's plate is getting too much to handle. Over the last three months, the company has entered into new markets such as India, France, Spain, and Poland. They are in addition to its battle with MercadoLibre (MELI) in Latin America, particularly Brazil. As a result, there are concerns on whether Sea Limited could continue its adroit execution in these markets while still making losses. We believe such concerns are valid. However, Sea Limited has shown its tremendous capability in penetrating the most important markets where the incumbents have strong leadership. It includes Lazada (BABA) in Southeast Asia, MercadoLibre in Brazil, and Tokopedia in Indonesia. Shopee was never the first-mover. But, it took advantage as the \"late-comer\" as it sought to compete with the incumbents. It's important to note that Sea Limited is not averse to competition. It has thrived against the incumbents and has made the e-commerce space in these geographical regions much more competitive.\nSea Limited revised adjusted EPS mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha\nNevertheless, the road towards profitability might be stretched further due to its e-commerce expansion. Readers can quickly glance over the chart above, where its adjusted EPS estimates have been revised downwards through FY23 over the last five months. However, we believe that if you are a long-term investor with a five-year horizon at least, it's not a cause for concern. Earlier investors in Sea Limited can keenly recall the company's massive adjusted EBITDA per order losses, as seen in the previous chart. Shopee has scaled tremendously over the last five years and has improved its operating leverage further. But, it's important to note that it takes time to scale up. Therefore, earlier losses in new geographical markets are expected. But, management has demonstrated its execution capability over the last three years. Considering its much reduced adjusted EBITDA losses over the previous few years, we believe that Shopee is even better positioned than before to navigate its expansion.\nSo, is SE Stock a Buy Now?\nSE stock EV/NTM Revenue 4Y mean.\nSE stock is trading at an EV/NTM Revenue of 8.3x. Therefore, it has brought it back to its 4Y NTM revenue multiple mean of 8.6x. We believe there's a fantastic opportunity right now as the market has undoubtedly overreacted. As demonstrated clearly, SE is still expected to generate massive revenue growth moving ahead, even though it means the road to profitability gets further extended.\nConsidering its FY23 revenue estimate, SE stock is trading at just 5.8x FY23 revenue. No one can accurately predict where the stock will be headed over the next few months. But, we think it represents a tremendous opportunity right now.\nSE stock price target Vs. actual price trend. Source: Seeking Alpha\nMoreover, readers can observe that the valuation gap between SE stock's consensus price target (PT) of $405.87 and its current price has never been more significant in a while. It's even more pronounced than its last significant correction in April/May. Notably, the consensus price target has been revised upwards despite the so-called \"gaming headwinds.\" And, if you look at the price chart, SE stock price has followed the revised PT trend very consistently over time. Therefore, the current price could be one of the most significant discounts you could observe in a long time.\nSE stock DCF valuation model. Data source: S&P Capital IQ, company filings, author\nOur DCF model also shows that SE stock is now significantly undervalued with an implied fair value of $371.46. We have also used reasonable estimates in our model. Moreover, we believe that SE will continue to gain significant operating leverage as it scales in the new markets. We estimate that its adjusted EBITDA margins could reach 15% by FY25.\nLastly, the stock is also testing a critical support level that has strongly underpinned the stock's advance since early 2021. Therefore, there are sufficient reasons to believe that the current entry point to add exposure to SE stock seems very attractive now.\nConsequently,we revise our rating on SE stock to Strong Buy.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":1773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693003709,"gmtCreate":1639917727117,"gmtModify":1639917727396,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Year 2035 ? That is 14 years later, anything can happen 14 years later.","listText":"Year 2035 ? That is 14 years later, anything can happen 14 years later.","text":"Year 2035 ? That is 14 years later, anything can happen 14 years later.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693003709","repostId":"2192035909","repostType":4,"isVote":1,"tweetType":1,"viewCount":1817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699301731,"gmtCreate":1639745322798,"gmtModify":1639745568324,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Continue to going down please&nbsp;","listText":"Continue to going down please&nbsp;","text":"Continue to going down please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699301731","repostId":"1192170592","repostType":4,"repost":{"id":"1192170592","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":1639732422,"share":"https://www.laohunote.com/m/news/1192170592?lang=zh_CN&edition=full","pubTime":"2021-12-17 17:13","market":"us","language":"en","title":"Tesla continued to fall nearly 2% in premarket trading as Musk sold another 934,091 shares for $884.1 million on Thursday<blockquote>特斯拉在盘前交易中继续下跌近 2%，马斯克周四以 8.841 亿美元的价格出售了另外 934,091 股股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192170592","media":"Tiger Newspress","summary":"Tesla continued to fall nearly 2% in premarket trading as Musk sold another 934,091 shares for $884.","content":"<p>Tesla continued to fall nearly&nbsp;2% in premarket trading as Musk&nbsp;sold another 934,091 shares for $884.1 million on Thursday.<img src=\"https://static.tigerbbs.com/c05e2e66111873d1acee866048a82c83\" tg-width=\"772\" tg-height=\"564\" width=\"100%\" height=\"auto\">Musk&nbsp;sold another 934,091 shares for $884.1 million on Thursday to pay for taxes on the exercise of stock options&nbsp;at a price of $6.24 to buy 2.2 million shares in Tesla, according to U.S. securities filings.</p><p><blockquote>特斯拉在盘前交易中继续下跌近 2%，马斯克周四又以 8.841 亿美元的价格出售了 934,091 股股票。根据美国证券文件，马斯克周四以 8.841 亿美元的价格出售了另外 934,091 股股票，以支付以 6.24 美元的价格行使股票期权的税款，以购买 220 万股特斯拉股票。</blockquote></p><p> Musk has sold about 12900512 Tesla shares since November 8, accounting for 75.66% of his previously committed shares.</p><p><blockquote>自11月8日以来，马斯克已出售约12900512股特斯拉股票，占其此前承诺股票的75.66%。</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>Tesla continued to fall nearly 2% in premarket trading as Musk sold another 934,091 shares for $884.1 million on Thursday<blockquote>特斯拉在盘前交易中继续下跌近 2%，马斯克周四以 8.841 亿美元的价格出售了另外 934,091 股股票</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\">\nTesla continued to fall nearly 2% in premarket trading as Musk sold another 934,091 shares for $884.1 million on Thursday<blockquote>特斯拉在盘前交易中继续下跌近 2%，马斯克周四以 8.841 亿美元的价格出售了另外 934,091 股股票</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\">2021-12-17 17:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla continued to fall nearly&nbsp;2% in premarket trading as Musk&nbsp;sold another 934,091 shares for $884.1 million on Thursday.<img src=\"https://static.tigerbbs.com/c05e2e66111873d1acee866048a82c83\" tg-width=\"772\" tg-height=\"564\" width=\"100%\" height=\"auto\">Musk&nbsp;sold another 934,091 shares for $884.1 million on Thursday to pay for taxes on the exercise of stock options&nbsp;at a price of $6.24 to buy 2.2 million shares in Tesla, according to U.S. securities filings.</p><p><blockquote>特斯拉在盘前交易中继续下跌近 2%，马斯克周四又以 8.841 亿美元的价格出售了 934,091 股股票。根据美国证券文件，马斯克周四以 8.841 亿美元的价格出售了另外 934,091 股股票，以支付以 6.24 美元的价格行使股票期权的税款，以购买 220 万股特斯拉股票。</blockquote></p><p> Musk has sold about 12900512 Tesla shares since November 8, accounting for 75.66% of his previously committed shares.</p><p><blockquote>自11月8日以来，马斯克已出售约12900512股特斯拉股票，占其此前承诺股票的75.66%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192170592","content_text":"Tesla continued to fall nearly 2% in premarket trading as Musk sold another 934,091 shares for $884.1 million on Thursday.Musk sold another 934,091 shares for $884.1 million on Thursday to pay for taxes on the exercise of stock options at a price of $6.24 to buy 2.2 million shares in Tesla, according to U.S. securities filings.\nMusk has sold about 12900512 Tesla shares since November 8, accounting for 75.66% of his previously committed shares.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690685331,"gmtCreate":1639664135215,"gmtModify":1639664170817,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690685331","repostId":"1142996286","repostType":4,"repost":{"id":"1142996286","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639659703,"share":"https://www.laohunote.com/m/news/1142996286?lang=zh_CN&edition=full","pubTime":"2021-12-16 21:01","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142996286","media":"Tiger Newspress","summary":"U.S. stock-index futures advanced Thursday morning after the market staged a U-turn the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.$Delta Air Lines$ – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-","content":"<p>U.S.&nbsp;stock-index futures advanced Thursday morning after&nbsp;the market staged a U-turn&nbsp;the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.</p><p><blockquote>美国股指期货周四上午上涨，此前市场在前一个交易日出现180度大转弯，对美联储加快缩减规模步伐并暂时维持利率不变的决定表示欢迎。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 204 points, or 0.57%, S&amp;P 500 e-minis were up 31.25 points, or 0.66%, and Nasdaq 100 e-minis were up 115.25 points, or 0.71%.<img src=\"https://static.tigerbbs.com/6e8a71c62338c2a045263d40bb9c86e4\" tg-width=\"1080\" tg-height=\"368\" width=\"100%\" height=\"auto\">With the Fed giving markets a breather Wednesday, traders will turn their Thursday to&nbsp;fresh Labor Department data on initial weekly jobless claims. First-time unemployment filings are expected to reflect a slight increase after&nbsp;last’s 52-week low.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 204 点，涨幅 0.57%，标普500电子迷你指数上涨 31.25 点，涨幅 0.66%，纳斯达克 100 电子迷你指数上涨 115.25 点，涨幅 0.71%。随着美联储周三给市场一个喘息的机会，交易员将把周四的注意力转向劳工部关于每周初请失业金人数的最新数据。首次申请失业救济人数预计将在去年创下 52 周低点后略有增加。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a></b> – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-pandemic profit levels.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DAL\">达美航空</a></b>– 达美航空预计第四季度利润为 2 亿美元，盘前股价上涨 2.3%。普遍预测达美航空将出现季度亏损，但该航空公司表示，假日需求强劲，并且有望超过大流行前的利润水平。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> – The consulting firm’s shares surged 6.7% in the premarket after it reported better-than-expected profit and revenue for its latest quarter, and raised its earnings guidance for fiscal 2022. Revenue rose by more than 20% across the four biggest industry groups in Accenture’s customer base.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>- 这家咨询公司公布最新一个季度的利润和收入好于预期，并上调了 2022 财年的盈利指引，其股价在盘前大涨 6.7%。埃森哲客户群中四大行业集团的收入增长了 20% 以上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b> – The drugmaker’s shares declined 1% in premarket trading after it said its antibody cocktail loses potency against the omicron Covid-19 variant. Regeneron did say that the cocktail is effective against the delta variant.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>- 该制药商称其抗体鸡尾酒对奥密克戎 Covid-19 变种失去效力后，其股价在盘前交易中下跌了 1%。再生元确实说过这种鸡尾酒对德尔塔变异毒株有效。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/LEN\">Lennar</a></b> – Lennar reported quarterly earnings of $3.91 per share, below the $4.15 consensus estimate, and the homebuilder’s revenue also fell short of forecasts. Lennar was hurt by higher lumber costs as well as increased labor costs and shortages of raw materials, resulting in delayed home deliveries. Lennar tumbled 6.3% in premarket action.</p><p><blockquote><b><a href=\"https://laohu8.com/S/LEN\">伦纳</a></b>- Lennar 公布的季度收益为每股 3.91 美元，低于市场普遍预期的 4.15 美元，该住宅建筑商的收入也低于预期。Lennar 受到木材成本上升、劳动力成本增加和原材料短缺的影响，导致送货上门延迟。Lennar 在盘前交易中暴跌 6.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVS\">Novartis AG</a></b> – Novartis launched a new share buyback program worth up to $15 billion, with the drug maker planning to complete those repurchases by the end of 2023. Shares jumped 4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVS\">诺华公司</a></b>– 诺华启动了一项价值高达 150 亿美元的新股票回购计划，该制药商计划在 2023 年底前完成这些回购。股价在盘前交易中上涨 4%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/V\">Visa</a>&nbsp;</b>– <a href=\"https://laohu8.com/S/V\">Visa</a> rose 1.1% in the premarket after announcing that it added $12 billion to its share buyback program, bringing the total amount of its repurchase authority to $13.2 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/V\">签证</a> </b>–<a href=\"https://laohu8.com/S/V\">签证</a>在宣布向股票回购计划增加 120 亿美元后，盘前上涨 1.1%，使其回购授权总额达到 132 亿美元。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SJM\">Smucker's</a> </b>– Smucker struck a deal to sell its natural beverage and grains businesses to private equity firm Nexus Capital Management for $110 million, with the food producer saying it wanted to focus more resources on its core brands.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SJM\">斯穆克的</a></b>– Smucker 达成协议，以 1.1 亿美元的价格将其天然饮料和谷物业务出售给私募股权公司 Nexus Capital Management，这家食品生产商表示希望将更多资源集中在其核心品牌上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> </b>– <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> was added to the “conviction buy” list at Goldman Sachs, which points to the company’s pending launch of a new surgical system. Shares added 1.2% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ISRG\">直观手术</a></b>–<a href=\"https://laohu8.com/S/ISRG\">直观手术</a>被列入高盛的 “信念买入 ”名单，这表明该公司即将推出一种新的手术系统。盘前股价上涨 1.2%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/T\">AT&amp;T Inc</a> </b>– Morgan Stanley upgraded AT&amp;T to “overweight” from “equal-weight,” saying a recent slide by the stock creates an attractive risk-reward profile. The firm said there are several other key factors driving the upgrade, including the pending completion of the WarnerMedia/Discoverymerger. AT&amp;T gained 1.5% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/T\">美国电话电报公司</a></b>- 摩根士丹利将美国电话电报公司的评级从 “同等权重 ”上调至 “跑赢大盘”，称该股最近的下滑创造了一个有吸引力的风险回报状况。该公司表示，还有其他几个关键因素推动了升级，包括华纳媒体/探索频道合并即将完成。AT&amp;T 在盘前交易中上涨 1.5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> </b>– The pet products seller’s stock added 1.9% in the premarket after Needham began coverage with a “buy” rating. The firm feels Petco should outperform competitors in the pet category, given its presence in multiple channels including veterinary hospitals.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WOOF\">佩特科健康和保健公司。</a></b>- 在 Needham 开始给予 “买入 ”评级后，这家宠物用品销售商的股价在盘前上涨了 1.9%。该公司认为，鉴于 Petco 在包括兽医院在内的多个渠道都有业务，Petco 的表现应该优于宠物类别的竞争对手。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> </b>– The e-commerce platform operator rallied 2.9% in premarket trading after Evercore upgraded it to “outperform” from “in line.” Evercore noted that the stock is about 20% below its year highs and that the company represents a high-quality asset in terms of growth opportunities.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SHOP\">商店</a></b>- 在 Evercore 将该电子商务平台运营商的评级从 “符合预期 ”上调至 “跑赢大盘”后，该运营商在盘前交易中上涨了 2.9%。Evercore 指出，该股比年内高点低约 20%，就增长机会而言，该公司代表了优质资产。</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>Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</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\">\nToplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</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\">2021-12-16 21:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S.&nbsp;stock-index futures advanced Thursday morning after&nbsp;the market staged a U-turn&nbsp;the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.</p><p><blockquote>美国股指期货周四上午上涨，此前市场在前一个交易日出现180度大转弯，对美联储加快缩减规模步伐并暂时维持利率不变的决定表示欢迎。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 204 points, or 0.57%, S&amp;P 500 e-minis were up 31.25 points, or 0.66%, and Nasdaq 100 e-minis were up 115.25 points, or 0.71%.<img src=\"https://static.tigerbbs.com/6e8a71c62338c2a045263d40bb9c86e4\" tg-width=\"1080\" tg-height=\"368\" width=\"100%\" height=\"auto\">With the Fed giving markets a breather Wednesday, traders will turn their Thursday to&nbsp;fresh Labor Department data on initial weekly jobless claims. First-time unemployment filings are expected to reflect a slight increase after&nbsp;last’s 52-week low.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 204 点，涨幅 0.57%，标普500电子迷你指数上涨 31.25 点，涨幅 0.66%，纳斯达克 100 电子迷你指数上涨 115.25 点，涨幅 0.71%。随着美联储周三给市场一个喘息的机会，交易员将把周四的注意力转向劳工部关于每周初请失业金人数的最新数据。首次申请失业救济人数预计将在去年创下 52 周低点后略有增加。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a></b> – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-pandemic profit levels.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DAL\">达美航空</a></b>– 达美航空预计第四季度利润为 2 亿美元，盘前股价上涨 2.3%。普遍预测达美航空将出现季度亏损，但该航空公司表示，假日需求强劲，并且有望超过大流行前的利润水平。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> – The consulting firm’s shares surged 6.7% in the premarket after it reported better-than-expected profit and revenue for its latest quarter, and raised its earnings guidance for fiscal 2022. Revenue rose by more than 20% across the four biggest industry groups in Accenture’s customer base.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>- 这家咨询公司公布最新一个季度的利润和收入好于预期，并上调了 2022 财年的盈利指引，其股价在盘前大涨 6.7%。埃森哲客户群中四大行业集团的收入增长了 20% 以上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b> – The drugmaker’s shares declined 1% in premarket trading after it said its antibody cocktail loses potency against the omicron Covid-19 variant. Regeneron did say that the cocktail is effective against the delta variant.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>- 该制药商称其抗体鸡尾酒对奥密克戎 Covid-19 变种失去效力后，其股价在盘前交易中下跌了 1%。再生元确实说过这种鸡尾酒对德尔塔变异毒株有效。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/LEN\">Lennar</a></b> – Lennar reported quarterly earnings of $3.91 per share, below the $4.15 consensus estimate, and the homebuilder’s revenue also fell short of forecasts. Lennar was hurt by higher lumber costs as well as increased labor costs and shortages of raw materials, resulting in delayed home deliveries. Lennar tumbled 6.3% in premarket action.</p><p><blockquote><b><a href=\"https://laohu8.com/S/LEN\">伦纳</a></b>- Lennar 公布的季度收益为每股 3.91 美元，低于市场普遍预期的 4.15 美元，该住宅建筑商的收入也低于预期。Lennar 受到木材成本上升、劳动力成本增加和原材料短缺的影响，导致送货上门延迟。Lennar 在盘前交易中暴跌 6.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVS\">Novartis AG</a></b> – Novartis launched a new share buyback program worth up to $15 billion, with the drug maker planning to complete those repurchases by the end of 2023. Shares jumped 4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVS\">诺华公司</a></b>– 诺华启动了一项价值高达 150 亿美元的新股票回购计划，该制药商计划在 2023 年底前完成这些回购。股价在盘前交易中上涨 4%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/V\">Visa</a>&nbsp;</b>– <a href=\"https://laohu8.com/S/V\">Visa</a> rose 1.1% in the premarket after announcing that it added $12 billion to its share buyback program, bringing the total amount of its repurchase authority to $13.2 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/V\">签证</a> </b>–<a href=\"https://laohu8.com/S/V\">签证</a>在宣布向股票回购计划增加 120 亿美元后，盘前上涨 1.1%，使其回购授权总额达到 132 亿美元。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SJM\">Smucker's</a> </b>– Smucker struck a deal to sell its natural beverage and grains businesses to private equity firm Nexus Capital Management for $110 million, with the food producer saying it wanted to focus more resources on its core brands.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SJM\">斯穆克的</a></b>– Smucker 达成协议，以 1.1 亿美元的价格将其天然饮料和谷物业务出售给私募股权公司 Nexus Capital Management，这家食品生产商表示希望将更多资源集中在其核心品牌上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> </b>– <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> was added to the “conviction buy” list at Goldman Sachs, which points to the company’s pending launch of a new surgical system. Shares added 1.2% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ISRG\">直观手术</a></b>–<a href=\"https://laohu8.com/S/ISRG\">直观手术</a>被列入高盛的 “信念买入 ”名单，这表明该公司即将推出一种新的手术系统。盘前股价上涨 1.2%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/T\">AT&amp;T Inc</a> </b>– Morgan Stanley upgraded AT&amp;T to “overweight” from “equal-weight,” saying a recent slide by the stock creates an attractive risk-reward profile. The firm said there are several other key factors driving the upgrade, including the pending completion of the WarnerMedia/Discoverymerger. AT&amp;T gained 1.5% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/T\">美国电话电报公司</a></b>- 摩根士丹利将美国电话电报公司的评级从 “同等权重 ”上调至 “跑赢大盘”，称该股最近的下滑创造了一个有吸引力的风险回报状况。该公司表示，还有其他几个关键因素推动了升级，包括华纳媒体/探索频道合并即将完成。AT&amp;T 在盘前交易中上涨 1.5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> </b>– The pet products seller’s stock added 1.9% in the premarket after Needham began coverage with a “buy” rating. The firm feels Petco should outperform competitors in the pet category, given its presence in multiple channels including veterinary hospitals.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WOOF\">佩特科健康和保健公司。</a></b>- 在 Needham 开始给予 “买入 ”评级后，这家宠物用品销售商的股价在盘前上涨了 1.9%。该公司认为，鉴于 Petco 在包括兽医院在内的多个渠道都有业务，Petco 的表现应该优于宠物类别的竞争对手。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> </b>– The e-commerce platform operator rallied 2.9% in premarket trading after Evercore upgraded it to “outperform” from “in line.” Evercore noted that the stock is about 20% below its year highs and that the company represents a high-quality asset in terms of growth opportunities.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SHOP\">商店</a></b>- 在 Evercore 将该电子商务平台运营商的评级从 “符合预期 ”上调至 “跑赢大盘”后，该运营商在盘前交易中上涨了 2.9%。Evercore 指出，该股比年内高点低约 20%，就增长机会而言，该公司代表了优质资产。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142996286","content_text":"U.S. stock-index futures advanced Thursday morning after the market staged a U-turn the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.\nAt 8:00 a.m. ET, Dow e-minis were up 204 points, or 0.57%, S&P 500 e-minis were up 31.25 points, or 0.66%, and Nasdaq 100 e-minis were up 115.25 points, or 0.71%.With the Fed giving markets a breather Wednesday, traders will turn their Thursday to fresh Labor Department data on initial weekly jobless claims. First-time unemployment filings are expected to reflect a slight increase after last’s 52-week low.\nStocks making the biggest moves premarket: \nDelta Air Lines – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-pandemic profit levels.\nAccenture PLC – The consulting firm’s shares surged 6.7% in the premarket after it reported better-than-expected profit and revenue for its latest quarter, and raised its earnings guidance for fiscal 2022. Revenue rose by more than 20% across the four biggest industry groups in Accenture’s customer base.\nRegeneron Pharmaceuticals – The drugmaker’s shares declined 1% in premarket trading after it said its antibody cocktail loses potency against the omicron Covid-19 variant. Regeneron did say that the cocktail is effective against the delta variant.\nLennar – Lennar reported quarterly earnings of $3.91 per share, below the $4.15 consensus estimate, and the homebuilder’s revenue also fell short of forecasts. Lennar was hurt by higher lumber costs as well as increased labor costs and shortages of raw materials, resulting in delayed home deliveries. Lennar tumbled 6.3% in premarket action.\nNovartis AG – Novartis launched a new share buyback program worth up to $15 billion, with the drug maker planning to complete those repurchases by the end of 2023. Shares jumped 4% in premarket trading.\nVisa – Visa rose 1.1% in the premarket after announcing that it added $12 billion to its share buyback program, bringing the total amount of its repurchase authority to $13.2 billion.\nSmucker's – Smucker struck a deal to sell its natural beverage and grains businesses to private equity firm Nexus Capital Management for $110 million, with the food producer saying it wanted to focus more resources on its core brands.\nIntuitive Surgical – Intuitive Surgical was added to the “conviction buy” list at Goldman Sachs, which points to the company’s pending launch of a new surgical system. Shares added 1.2% in the premarket.\nAT&T Inc – Morgan Stanley upgraded AT&T to “overweight” from “equal-weight,” saying a recent slide by the stock creates an attractive risk-reward profile. The firm said there are several other key factors driving the upgrade, including the pending completion of the WarnerMedia/Discoverymerger. AT&T gained 1.5% in premarket trading.\nPetco Health and Wellness Company, Inc. – The pet products seller’s stock added 1.9% in the premarket after Needham began coverage with a “buy” rating. The firm feels Petco should outperform competitors in the pet category, given its presence in multiple channels including veterinary hospitals.\nShopify – The e-commerce platform operator rallied 2.9% in premarket trading after Evercore upgraded it to “outperform” from “in line.” Evercore noted that the stock is about 20% below its year highs and that the company represents a high-quality asset in terms of growth opportunities.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690601456,"gmtCreate":1639660300714,"gmtModify":1639660301023,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690601456","repostId":"2191399540","repostType":4,"repost":{"id":"2191399540","kind":"highlight","pubTimestamp":1639624268,"share":"https://www.laohunote.com/m/news/2191399540?lang=zh_CN&edition=full","pubTime":"2021-12-16 11:11","market":"us","language":"en","title":"After a dazzling 2021, Apple and Tesla stocks are expected to be duds in 2022<blockquote>在经历了令人眼花缭乱的 2021 年之后，苹果和特斯拉的股票预计将在 2022 年表现不佳</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2191399540","media":"MarketWatch","summary":"Here’s the outlook for the 25 stocks that have contributed more than half of the S&P 500 index’s gai","content":"<p>Here’s the outlook for the 25 stocks that have contributed more than half of the S&amp;P 500 index’s gain this year</p><p><blockquote>以下是对今年标普500指数涨幅超过一半的 25 只股票的展望</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7f9d26b6e333f1a0e3ef46a61239eb7\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>Shares of Apple have returned 32% this year, while Tesla has risen 36%. Getty Images</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果股价今年回报率为 32%，而特斯拉股价则上涨了 36%。盖蒂图片社</span></p></blockquote></p><p> A report from Goldman Sachs shows how much of investors’ money is concentrated in only five high-flying stocks. And a screen of the biggest contributors to this year’s excellent performance for the S&amp;P 500 index highlights two that are expected not to perform well in 2022: Apple and Tesla.</p><p><blockquote>高盛（Goldman Sachs）的一份报告显示，投资者的资金仅集中在五只飞涨的股票上。在今年标普500指数出色表现的最大贡献者屏幕上，有两个国家预计在 2022 年表现不佳： 苹果和特斯拉。</blockquote></p><p> Just five stocks — Microsoft Corp.,Alphabet Inc.,Apple Inc.,Nvidia Corp.&nbsp;and Tesla Inc.&nbsp;— contributed over a third of the S&amp;P 500 Index’s&nbsp;26% total return for 2021 through Dec. 9, according to analysts at Goldman. And from the end of April through Dec. 9, they contributed 51% of the index’s 13% return.</p><p><blockquote>据高盛（Goldman）分析师称，截至 12 月 9 日，微软公司、Alphabet 公司、苹果公司、英伟达公司和特斯拉公司这五只股票就贡献了标普500指数 2021 年 26% 总回报率的三分之一以上。从 4 月底到 12 月 9 日，它们贡献了该指数 13% 回报率的 51%。</blockquote></p><p> Moreover, only 25 stocks accounted for 58% of the index’s gains, including reinvested dividends, through Dec. 9, Goldman said. Its list of those stocks is below, along with screens of Wall Street analysts’ expectations for the group as we look ahead to 2022 and 2023.</p><p><blockquote>此外，高盛表示，截至 12 月 9 日，包括再投资股息在内，只有 25 只股票占该指数涨幅的 58%。以下是华尔街分析师在展望 2022 年和 2023 年时对该集团的预期。</blockquote></p><p> The analysts, led by David Kostin, pointed out that “market breadth has narrowed substantially” over the past several months. In other words, investors have concentrated more of their money (and risk) in the largest tech companies, by market capitalization.</p><p><blockquote>以大卫-科斯汀（David Kostin）为首的分析师指出，在过去几个月里，“市场广度大幅缩小”。换句话说，按市值计算，投资者将更多的资金（和风险）集中在最大的科技公司。</blockquote></p><p> That said, the Goldman analysts continue to recommend that long-term investors “own high-growth, high-margin stocks.”</p><p><blockquote>尽管如此，高盛分析师仍然建议长期投资者 “持有高增长、高利润的股票”。</blockquote></p><p> <b>Digging into the 25 biggest contributors to the S&amp;P 500’s returns this year</b></p><p><blockquote><b>挖掘今年标普500收入的 25 个最大贡献者</b></blockquote></p><p> This list shows each of the 25 stocks and their “contributions” to the gains, expressed in basis points. (A basis point is one 100th of a percent. ) The table also includes pricing information — closing prices as of Dec. 14 with declines from 52-week highs and the dates of those highs.</p><p><blockquote>这份清单显示了 25 只股票及其对收益的 “贡献”，以基点表示。（基点是百分之一。）该表还包括定价信息——截至 12 月 14 日的收盘价，从 52 周高点下跌，以及这些高点的日期。</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Total return – 2021 through Dec. 9</b></td>    <td><b>Contribution to S&amp;P 500’s return for 2021 through Dec. 9 (basis points)</b></td>    <td><b>Closing Price – 12/14/21</b></td>    <td><b>Decline from 52-week high</b></td>    <td><b>Date of 52-week high</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>51%</td>    <td>271</td>    <td>$328.34</td>    <td>-6.1%</td>    <td>11/22/2021</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>68%</td>    <td>224</td>    <td>$2,878.14</td>    <td>-4.7%</td>    <td>11/19/2021</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>32%</td>    <td>217</td>    <td>$174.33</td>    <td>-4.3%</td>    <td>12/13/2021</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>134%</td>    <td>137</td>    <td>$283.37</td>    <td>-18.2%</td>    <td>11/22/2021</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>42%</td>    <td>71</td>    <td>$958.51</td>    <td>-22.9%</td>    <td>11/04/2021</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>58%</td>    <td>52</td>    <td>$402.20</td>    <td>-4.4%</td>    <td>12/06/2021</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>21%</td>    <td>43</td>    <td>$333.74</td>    <td>-13.2%</td>    <td>09/01/2021</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>37%</td>    <td>39</td>    <td>$479.46</td>    <td>-0.7%</td>    <td>12/14/2021</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>50%</td>    <td>36</td>    <td>$44.13</td>    <td>-9.4%</td>    <td>11/03/2021</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>29%</td>    <td>36</td>    <td>$159.13</td>    <td>-8.0%</td>    <td>10/25/2021</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>61%</td>    <td>34</td>    <td>$61.54</td>    <td>-7.3%</td>    <td>11/08/2021</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>23%</td>    <td>32</td>    <td>$295.03</td>    <td>-0.5%</td>    <td>12/14/2021</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>7%</td>    <td>31</td>    <td>$3,381.83</td>    <td>-10.4%</td>    <td>07/13/2021</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>47%</td>    <td>30</td>    <td>$55.54</td>    <td>-0.7%</td>    <td>12/14/2021</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>67%</td>    <td>26</td>    <td>$48.89</td>    <td>-7.0%</td>    <td>11/03/2021</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>47%</td>    <td>24</td>    <td>$116.22</td>    <td>-2.5%</td>    <td>12/08/2021</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>76%</td>    <td>24</td>    <td>$639.48</td>    <td>-10.8%</td>    <td>11/19/2021</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td><a href=\"https://www.marketwatch.com/investing/stock/LOW?mod=MW_story_quote\" target=\"_blank\">LOW</a></td>    <td>63%</td>    <td>23</td>    <td>$252.46</td>    <td>-4.1%</td>    <td>12/13/2021</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>44%</td>    <td>23</td>    <td>$369.73</td>    <td>-3.0%</td>    <td>12/13/2021</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>37%</td>    <td>22</td>    <td>$632.11</td>    <td>-5.2%</td>    <td>11/26/2021</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>40%</td>    <td>21</td>    <td>$545.34</td>    <td>-2.8%</td>    <td>12/10/2021</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>36%</td>    <td>20</td>    <td>$614.91</td>    <td>-4.6%</td>    <td>12/10/2021</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>26%</td>    <td>20</td>    <td>$614.86</td>    <td>-12.1%</td>    <td>11/22/2021</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>44%</td>    <td>20</td>    <td>$307.70</td>    <td>-7.9%</td>    <td>09/10/2021</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>46%</td>    <td>19</td>    <td>$249.38</td>    <td>-9.6%</td>    <td>08/17/2021</td>   </tr>  </tbody> </table> Sources: Goldman Sachs, FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>总回报 – 2021 年至 12 月 9 日</b></td><td><b>截至 12 月 9 日对标普500 2021 年回归的贡献（基点）</b></td><td><b>收盘价–12/14/21</b></td><td><b>从 52 周高点回落</b></td><td><b>52周高点日期</b></td></tr><tr><td>微软公司</td><td>微软</td><td>51%</td><td>271</td><td>$328.34</td><td>-6.1%</td><td>11/22/2021</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>68%</td><td>224</td><td>$2,878.14</td><td>-4.7%</td><td>11/19/2021</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>32%</td><td>217</td><td>$174.33</td><td>-4.3%</td><td>12/13/2021</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>134%</td><td>137</td><td>$283.37</td><td>-18.2%</td><td>11/22/2021</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>42%</td><td>71</td><td>$958.51</td><td>-22.9%</td><td>11/04/2021</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>58%</td><td>52</td><td>$402.20</td><td>-4.4%</td><td>12/06/2021</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>21%</td><td>43</td><td>$333.74</td><td>-13.2%</td><td>09/01/2021</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>37%</td><td>39</td><td>$479.46</td><td>-0.7%</td><td>12/14/2021</td></tr><tr><td>美国银行</td><td>巴克</td><td>50%</td><td>36</td><td>$44.13</td><td>-9.4%</td><td>11/03/2021</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>29%</td><td>36</td><td>$159.13</td><td>-8.0%</td><td>10/25/2021</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>61%</td><td>34</td><td>$61.54</td><td>-7.3%</td><td>11/08/2021</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>23%</td><td>32</td><td>$295.03</td><td>-0.5%</td><td>12/14/2021</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>7%</td><td>31</td><td>$3,381.83</td><td>-10.4%</td><td>07/13/2021</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>47%</td><td>30</td><td>$55.54</td><td>-0.7%</td><td>12/14/2021</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>67%</td><td>26</td><td>$48.89</td><td>-7.0%</td><td>11/03/2021</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>47%</td><td>24</td><td>$116.22</td><td>-2.5%</td><td>12/08/2021</td></tr><tr><td>直觉公司。</td><td>因图</td><td>76%</td><td>24</td><td>$639.48</td><td>-10.8%</td><td>11/19/2021</td></tr><tr><td>劳氏公司</td><td><a href=\"https://www.marketwatch.com/investing/stock/LOW?mod=MW_story_quote\" target=\"_blank\">低的</a></td><td>63%</td><td>23</td><td>$252.46</td><td>-4.1%</td><td>12/13/2021</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>44%</td><td>23</td><td>$369.73</td><td>-3.0%</td><td>12/13/2021</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>37%</td><td>22</td><td>$632.11</td><td>-5.2%</td><td>11/26/2021</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>40%</td><td>21</td><td>$545.34</td><td>-2.8%</td><td>12/10/2021</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>36%</td><td>20</td><td>$614.91</td><td>-4.6%</td><td>12/10/2021</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>26%</td><td>20</td><td>$614.86</td><td>-12.1%</td><td>11/22/2021</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>44%</td><td>20</td><td>$307.70</td><td>-7.9%</td><td>09/10/2021</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>46%</td><td>19</td><td>$249.38</td><td>-9.6%</td><td>08/17/2021</td></tr></tbody></table>资料来源：高盛、FactSet</blockquote></p><p> <table>  <tbody></tbody> </table> We included the declines from 52-week highs through Dec. 14 to illustrate how volatile the stocks of rapidly growing tech giants can be. Shares of Nvidia, for example, were down 18% from the high reached Nov. 22. Tesla has tumbled into bear-market territory three times in 2021 and is down 23% from its high reached Nov. 4.</p><p><blockquote><table><tbody></tbody></table>我们纳入了截至 12 月 14 日从 52 周高点的跌幅，以说明快速增长的科技巨头的股票波动性有多大。例如，英伟达 (Nvidia) 的股价较 11 月 22 日的高点下跌了 18%。特斯拉在 2021 年已三次陷入熊市区域，较 11 月 4 日达到的高点下跌了 23%。</blockquote></p><p> Leaving the list in the same order, here are consensus estimates among analysts polled by FactSet for sales (in millions of dollars) for calendar years through 2023, with projected compound annual growth rates (CAGR):</p><p><blockquote>按相同顺序离开列表，以下是 FactSet 调查的分析师对截至 2023 年日历年的销售额（单位：百万美元）的共识估计，以及预计的复合年增长率 (CAGR)：</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Estimated revenue – 2021</b></td>    <td><b>Estimated revenue – 2022</b></td>    <td><b>Estimated revenue – 2023</b></td>    <td><b>Two-year estimated sales CAGR</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>$182,593</td>    <td>$210,753</td>    <td>$240,396</td>    <td>14.7%</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>$254,060</td>    <td>$296,677</td>    <td>$341,671</td>    <td>16.0%</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>$369,729</td>    <td>$389,037</td>    <td>$413,789</td>    <td>5.8%</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>$25,754</td>    <td>$31,175</td>    <td>$36,380</td>    <td>18.9%</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>$51,678</td>    <td>$73,183</td>    <td>$89,639</td>    <td>31.7%</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>$148,615</td>    <td>$153,285</td>    <td>$158,252</td>    <td>3.2%</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>$117,569</td>    <td>$139,805</td>    <td>$164,737</td>    <td>18.4%</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>$286,410</td>    <td>$316,412</td>    <td>$342,740</td>    <td>9.4%</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>$89,268</td>    <td>$93,591</td>    <td>$99,180</td>    <td>5.4%</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>$123,128</td>    <td>$123,405</td>    <td>$130,270</td>    <td>2.9%</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>$294,130</td>    <td>$308,304</td>    <td>$292,830</td>    <td>-0.2%</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>$294,667</td>    <td>$294,894</td>    <td>$309,287</td>    <td>2.5%</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>$470,607</td>    <td>$553,097</td>    <td>$649,246</td>    <td>17.5%</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>$81,333</td>    <td>$92,070</td>    <td>$72,748</td>    <td>-5.4%</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>$76,024</td>    <td>$72,048</td>    <td>$75,462</td>    <td>-0.4%</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>$155,748</td>    <td>$168,114</td>    <td>$159,898</td>    <td>1.3%</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>$10,714</td>    <td>$12,980</td>    <td>$14,881</td>    <td>17.9%</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td>LOW</td>    <td>$95,152</td>    <td>$97,459</td>    <td>$100,080</td>    <td>2.6%</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>$52,819</td>    <td>$58,906</td>    <td>$63,622</td>    <td>9.8%</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>$37,210</td>    <td>$39,493</td>    <td>$42,053</td>    <td>6.3%</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>$203,027</td>    <td>$222,877</td>    <td>$238,794</td>    <td>8.5%</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>$27,976</td>    <td>$30,877</td>    <td>$32,521</td>    <td>7.8%</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>$15,957</td>    <td>$18,393</td>    <td>$21,000</td>    <td>14.7%</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>$29,116</td>    <td>$30,792</td>    <td>$32,437</td>    <td>5.5%</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>$27,601</td>    <td>$27,774</td>    <td>$30,366</td>    <td>4.9%</td>   </tr>  </tbody> </table> Source: FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>估计收入-2021</b></td><td><b>预计收入-2022</b></td><td><b>预计收入 – 2023</b></td><td><b>两年预计销售复合年增长率</b></td></tr><tr><td>微软公司</td><td>微软</td><td>$182,593</td><td>$210,753</td><td>$240,396</td><td>14.7%</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>$254,060</td><td>$296,677</td><td>$341,671</td><td>16.0%</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>$369,729</td><td>$389,037</td><td>$413,789</td><td>5.8%</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>$25,754</td><td>$31,175</td><td>$36,380</td><td>18.9%</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>$51,678</td><td>$73,183</td><td>$89,639</td><td>31.7%</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>$148,615</td><td>$153,285</td><td>$158,252</td><td>3.2%</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>$117,569</td><td>$139,805</td><td>$164,737</td><td>18.4%</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>$286,410</td><td>$316,412</td><td>$342,740</td><td>9.4%</td></tr><tr><td>美国银行</td><td>巴克</td><td>$89,268</td><td>$93,591</td><td>$99,180</td><td>5.4%</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>$123,128</td><td>$123,405</td><td>$130,270</td><td>2.9%</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>$294,130</td><td>$308,304</td><td>$292,830</td><td>-0.2%</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>$294,667</td><td>$294,894</td><td>$309,287</td><td>2.5%</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>$470,607</td><td>$553,097</td><td>$649,246</td><td>17.5%</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>$81,333</td><td>$92,070</td><td>$72,748</td><td>-5.4%</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>$76,024</td><td>$72,048</td><td>$75,462</td><td>-0.4%</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>$155,748</td><td>$168,114</td><td>$159,898</td><td>1.3%</td></tr><tr><td>直觉公司。</td><td>因图</td><td>$10,714</td><td>$12,980</td><td>$14,881</td><td>17.9%</td></tr><tr><td>劳氏公司</td><td>低的</td><td>$95,152</td><td>$97,459</td><td>$100,080</td><td>2.6%</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>$52,819</td><td>$58,906</td><td>$63,622</td><td>9.8%</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>$37,210</td><td>$39,493</td><td>$42,053</td><td>6.3%</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>$203,027</td><td>$222,877</td><td>$238,794</td><td>8.5%</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>$27,976</td><td>$30,877</td><td>$32,521</td><td>7.8%</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>$15,957</td><td>$18,393</td><td>$21,000</td><td>14.7%</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>$29,116</td><td>$30,792</td><td>$32,437</td><td>5.5%</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>$27,601</td><td>$27,774</td><td>$30,366</td><td>4.9%</td></tr></tbody></table>来源：FactSet</blockquote></p><p> Here’s another look ahead, this time at earnings-per-share estimates</p><p><blockquote>以下是另一个展望，这次是每股收益预测</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Estimated EPS – 2021</b></td>    <td><b>Estimated EPS – 2022</b></td>    <td><b>Estimated EPS – 2023</b></td>    <td><b>Two-year estimated EPS CAGR</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>$8.60</td>    <td>$9.85</td>    <td>$11.44</td>    <td>15.3%</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>$108.65</td>    <td>$113.97</td>    <td>$130.48</td>    <td>9.6%</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>$5.64</td>    <td>$5.85</td>    <td>$6.27</td>    <td>5.4%</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>$4.18</td>    <td>$5.08</td>    <td>$6.15</td>    <td>21.3%</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>$5.99</td>    <td>$8.64</td>    <td>$11.46</td>    <td>38.3%</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>$15.17</td>    <td>$16.13</td>    <td>$17.30</td>    <td>6.8%</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>$13.94</td>    <td>$14.24</td>    <td>$16.94</td>    <td>10.3%</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>$18.84</td>    <td>$21.63</td>    <td>$24.58</td>    <td>14.2%</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>$3.52</td>    <td>$3.19</td>    <td>$3.63</td>    <td>1.5%</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>$14.98</td>    <td>$12.03</td>    <td>$13.23</td>    <td>-6.0%</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>$5.03</td>    <td>$5.79</td>    <td>$5.59</td>    <td>5.4%</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>$11.65</td>    <td>$12.63</td>    <td>$14.13</td>    <td>10.1%</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>$41.31</td>    <td>$51.54</td>    <td>$76.68</td>    <td>36.2%</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>$4.19</td>    <td>$5.75</td>    <td>$4.87</td>    <td>7.8%</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>$4.63</td>    <td>$3.72</td>    <td>$4.41</td>    <td>-2.4%</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>$8.36</td>    <td>$9.42</td>    <td>$8.78</td>    <td>2.5%</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>$10.56</td>    <td>$12.51</td>    <td>$14.70</td>    <td>18.0%</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td>LOW</td>    <td>$11.71</td>    <td>$12.86</td>    <td>$14.40</td>    <td>10.9%</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>$9.25</td>    <td>$10.48</td>    <td>$11.59</td>    <td>11.9%</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>$23.45</td>    <td>$21.17</td>    <td>$23.34</td>    <td>-0.2%</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>$11.63</td>    <td>$13.06</td>    <td>$14.33</td>    <td>11.0%</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>$28.83</td>    <td>$33.53</td>    <td>$36.69</td>    <td>12.8%</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>$12.63</td>    <td>$14.47</td>    <td>$16.88</td>    <td>15.6%</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>$9.82</td>    <td>$10.16</td>    <td>$10.72</td>    <td>4.5%</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>$8.02</td>    <td>$8.13</td>    <td>$9.71</td>    <td>10.1%</td>   </tr>  </tbody> </table> Source: FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>预计每股收益 – 2021</b></td><td><b>预计每股收益 – 2022</b></td><td><b>预计每股收益 – 2023</b></td><td><b>两年预计每股收益复合年增长率</b></td></tr><tr><td>微软公司</td><td>微软</td><td>$8.60</td><td>$9.85</td><td>$11.44</td><td>15.3%</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>$108.65</td><td>$113.97</td><td>$130.48</td><td>9.6%</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>$5.64</td><td>$5.85</td><td>$6.27</td><td>5.4%</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>$4.18</td><td>$5.08</td><td>$6.15</td><td>21.3%</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>$5.99</td><td>$8.64</td><td>$11.46</td><td>38.3%</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>$15.17</td><td>$16.13</td><td>$17.30</td><td>6.8%</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>$13.94</td><td>$14.24</td><td>$16.94</td><td>10.3%</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>$18.84</td><td>$21.63</td><td>$24.58</td><td>14.2%</td></tr><tr><td>美国银行</td><td>巴克</td><td>$3.52</td><td>$3.19</td><td>$3.63</td><td>1.5%</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>$14.98</td><td>$12.03</td><td>$13.23</td><td>-6.0%</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>$5.03</td><td>$5.79</td><td>$5.59</td><td>5.4%</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>$11.65</td><td>$12.63</td><td>$14.13</td><td>10.1%</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>$41.31</td><td>$51.54</td><td>$76.68</td><td>36.2%</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>$4.19</td><td>$5.75</td><td>$4.87</td><td>7.8%</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>$4.63</td><td>$3.72</td><td>$4.41</td><td>-2.4%</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>$8.36</td><td>$9.42</td><td>$8.78</td><td>2.5%</td></tr><tr><td>直觉公司。</td><td>因图</td><td>$10.56</td><td>$12.51</td><td>$14.70</td><td>18.0%</td></tr><tr><td>劳氏公司</td><td>低的</td><td>$11.71</td><td>$12.86</td><td>$14.40</td><td>10.9%</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>$9.25</td><td>$10.48</td><td>$11.59</td><td>11.9%</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>$23.45</td><td>$21.17</td><td>$23.34</td><td>-0.2%</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>$11.63</td><td>$13.06</td><td>$14.33</td><td>11.0%</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>$28.83</td><td>$33.53</td><td>$36.69</td><td>12.8%</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>$12.63</td><td>$14.47</td><td>$16.88</td><td>15.6%</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>$9.82</td><td>$10.16</td><td>$10.72</td><td>4.5%</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>$8.02</td><td>$8.13</td><td>$9.71</td><td>10.1%</td></tr></tbody></table>来源：FactSet</blockquote></p><p> Here’s a summary of Wall Street analysts’ opinions about the stocks:</p><p><blockquote>以下是华尔街分析师对这些股票的看法摘要：</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Share “buy” ratings</b></td>    <td><b>Share neutral ratings</b></td>    <td><b>Share “sell” ratings</b></td>    <td><b>Closing price – 12/14/21</b></td>    <td><b>Consensus price target</b></td>    <td><b>Implied 12-month upside potential</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>90%</td>    <td>10%</td>    <td>0%</td>    <td>$328.34</td>    <td>$366.41</td>    <td>12%</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>94%</td>    <td>6%</td>    <td>0%</td>    <td>$2,878.14</td>    <td>$3,333.70</td>    <td>16%</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>79%</td>    <td>19%</td>    <td>2%</td>    <td>$174.33</td>    <td>$174.35</td>    <td>0%</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>81%</td>    <td>12%</td>    <td>7%</td>    <td>$283.37</td>    <td>$341.51</td>    <td>21%</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>43%</td>    <td>30%</td>    <td>28%</td>    <td>$958.51</td>    <td>$860.35</td>    <td>-10%</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>65%</td>    <td>32%</td>    <td>3%</td>    <td>$402.20</td>    <td>$417.16</td>    <td>4%</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>76%</td>    <td>22%</td>    <td>2%</td>    <td>$333.74</td>    <td>$398.32</td>    <td>19%</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>85%</td>    <td>11%</td>    <td>4%</td>    <td>$479.46</td>    <td>$490.88</td>    <td>2%</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>64%</td>    <td>25%</td>    <td>11%</td>    <td>$44.13</td>    <td>$49.83</td>    <td>13%</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>61%</td>    <td>32%</td>    <td>7%</td>    <td>$159.13</td>    <td>$179.70</td>    <td>13%</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>39%</td>    <td>51%</td>    <td>10%</td>    <td>$61.54</td>    <td>$72.97</td>    <td>19%</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>43%</td>    <td>57%</td>    <td>0%</td>    <td>$295.03</td>    <td>$332.50</td>    <td>13%</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>94%</td>    <td>6%</td>    <td>0%</td>    <td>$3,381.83</td>    <td>$4,102.98</td>    <td>21%</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>38%</td>    <td>58%</td>    <td>4%</td>    <td>$55.54</td>    <td>$53.67</td>    <td>-3%</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>67%</td>    <td>33%</td>    <td>0%</td>    <td>$48.89</td>    <td>$54.90</td>    <td>12%</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>68%</td>    <td>32%</td>    <td>0%</td>    <td>$116.22</td>    <td>$130.36</td>    <td>12%</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>83%</td>    <td>13%</td>    <td>4%</td>    <td>$639.48</td>    <td>$756.29</td>    <td>18%</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td>LOW</td>    <td>73%</td>    <td>24%</td>    <td>3%</td>    <td>$252.46</td>    <td>$272.43</td>    <td>8%</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>70%</td>    <td>26%</td>    <td>4%</td>    <td>$369.73</td>    <td>$383.68</td>    <td>4%</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>83%</td>    <td>13%</td>    <td>4%</td>    <td>$632.11</td>    <td>$682.47</td>    <td>8%</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>59%</td>    <td>35%</td>    <td>6%</td>    <td>$545.34</td>    <td>$551.75</td>    <td>1%</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>84%</td>    <td>13%</td>    <td>3%</td>    <td>$614.91</td>    <td>$682.70</td>    <td>11%</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>81%</td>    <td>19%</td>    <td>0%</td>    <td>$614.86</td>    <td>$720.69</td>    <td>17%</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>82%</td>    <td>14%</td>    <td>4%</td>    <td>$307.70</td>    <td>$350.29</td>    <td>14%</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>67%</td>    <td>28%</td>    <td>5%</td>    <td>$249.38</td>    <td>$279.72</td>    <td>12%</td>   </tr>  </tbody> </table> Source: FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>分享“买入”评级</b></td><td><b>分享中性评级</b></td><td><b>分享“卖出”评级</b></td><td><b>收盘价–12/14/21</b></td><td><b>共识价格目标</b></td><td><b>隐含 12 个月上行潜力</b></td></tr><tr><td>微软公司</td><td>微软</td><td>90%</td><td>10%</td><td>0%</td><td>$328.34</td><td>$366.41</td><td>12%</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>94%</td><td>6%</td><td>0%</td><td>$2,878.14</td><td>$3,333.70</td><td>16%</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>79%</td><td>19%</td><td>2%</td><td>$174.33</td><td>$174.35</td><td>0%</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>81%</td><td>12%</td><td>7%</td><td>$283.37</td><td>$341.51</td><td>21%</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>43%</td><td>30%</td><td>28%</td><td>$958.51</td><td>$860.35</td><td>-10%</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>65%</td><td>32%</td><td>3%</td><td>$402.20</td><td>$417.16</td><td>4%</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>76%</td><td>22%</td><td>2%</td><td>$333.74</td><td>$398.32</td><td>19%</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>85%</td><td>11%</td><td>4%</td><td>$479.46</td><td>$490.88</td><td>2%</td></tr><tr><td>美国银行</td><td>巴克</td><td>64%</td><td>25%</td><td>11%</td><td>$44.13</td><td>$49.83</td><td>13%</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>61%</td><td>32%</td><td>7%</td><td>$159.13</td><td>$179.70</td><td>13%</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>39%</td><td>51%</td><td>10%</td><td>$61.54</td><td>$72.97</td><td>19%</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>43%</td><td>57%</td><td>0%</td><td>$295.03</td><td>$332.50</td><td>13%</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>94%</td><td>6%</td><td>0%</td><td>$3,381.83</td><td>$4,102.98</td><td>21%</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>38%</td><td>58%</td><td>4%</td><td>$55.54</td><td>$53.67</td><td>-3%</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>67%</td><td>33%</td><td>0%</td><td>$48.89</td><td>$54.90</td><td>12%</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>68%</td><td>32%</td><td>0%</td><td>$116.22</td><td>$130.36</td><td>12%</td></tr><tr><td>直觉公司。</td><td>因图</td><td>83%</td><td>13%</td><td>4%</td><td>$639.48</td><td>$756.29</td><td>18%</td></tr><tr><td>劳氏公司</td><td>低的</td><td>73%</td><td>24%</td><td>3%</td><td>$252.46</td><td>$272.43</td><td>8%</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>70%</td><td>26%</td><td>4%</td><td>$369.73</td><td>$383.68</td><td>4%</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>83%</td><td>13%</td><td>4%</td><td>$632.11</td><td>$682.47</td><td>8%</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>59%</td><td>35%</td><td>6%</td><td>$545.34</td><td>$551.75</td><td>1%</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>84%</td><td>13%</td><td>3%</td><td>$614.91</td><td>$682.70</td><td>11%</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>81%</td><td>19%</td><td>0%</td><td>$614.86</td><td>$720.69</td><td>17%</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>82%</td><td>14%</td><td>4%</td><td>$307.70</td><td>$350.29</td><td>14%</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>67%</td><td>28%</td><td>5%</td><td>$249.38</td><td>$279.72</td><td>12%</td></tr></tbody></table>来源：FactSet</blockquote></p><p> Here are six data highlights to consider:</p><p><blockquote>以下是需要考虑的六个数据亮点：</blockquote></p><p></p><p> <ul>  <li>Two of this year’s best performers are expected to be poor performers next year, based on the price targets: Apple and Tesla.</li>  <li>Apple is expected to show much slower sales and earnings growth than the rest of the top five companies on the list through 2023.</li>  <li>Tesla’s expected two-year sales CAGR of 31.7% is by far the highest on the list. But only 43% of analysts polled by FactSet rate the stock a “buy.”</li>  <li>Tesla also has the highest expected EPS CAGR through 2023 at 38.3%, but Amazon.com Inc.&nbsp;is right behind, with a projected EPS CAGR of 36.2%. Next on the list by this measure is Nvidia, at 21.3%.</li>  <li>From the price targets, Nvidia and Amazon are Wall Street analysts’ favorite stocks on the list, with implied 12-month upside of 21%.</li>  <li>Pfizer Inc.’s&nbsp;sales are expected to rise in 2022 but fall in 2023 to a level below that of 2021, according to analysts polled by FactSet. That could reflect expectations that the coronavirus pandemic will be ending.</li> </ul></p><p><blockquote><ul><li>根据价格目标，今年表现最好的两家明年预计将表现不佳： 苹果和特斯拉。</li><li>预计到 2023 年，苹果的销售和盈利增长将比榜单上的其他五家公司慢得多。</li><li>特斯拉预计两年销售额复合年增长率为 31.7%，是迄今为止榜单中最高的。但接受 FactSet 调查的分析师中，只有 43% 将该股评级为 “买入 ”。</li><li>特斯拉到 2023 年的预期每股收益复合年增长率也最高，为 38.3%，但亚马逊公司紧随其后，预计每股收益复合年增长率为 36.2%。根据这一指标，排名第二的是英伟达，占21.3%。</li><li>从目标价来看，英伟达和亚马逊是华尔街分析师最喜欢的榜单股票，12 个月的隐含上涨空间为 21%。</li><li>FactSet 调查的分析师称，辉瑞公司的销售额预计将在 2022 年上升，但在 2023 年下降至低于 2021 年的水平。这可能反映了人们对冠状病毒大流行即将结束的预期。</li></ul></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>After a dazzling 2021, Apple and Tesla stocks are expected to be duds in 2022<blockquote>在经历了令人眼花缭乱的 2021 年之后，苹果和特斯拉的股票预计将在 2022 年表现不佳</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\">\nAfter a dazzling 2021, Apple and Tesla stocks are expected to be duds in 2022<blockquote>在经历了令人眼花缭乱的 2021 年之后，苹果和特斯拉的股票预计将在 2022 年表现不佳</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-12-16 11:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Here’s the outlook for the 25 stocks that have contributed more than half of the S&amp;P 500 index’s gain this year</p><p><blockquote>以下是对今年标普500指数涨幅超过一半的 25 只股票的展望</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7f9d26b6e333f1a0e3ef46a61239eb7\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>Shares of Apple have returned 32% this year, while Tesla has risen 36%. Getty Images</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果股价今年回报率为 32%，而特斯拉股价则上涨了 36%。盖蒂图片社</span></p></blockquote></p><p> A report from Goldman Sachs shows how much of investors’ money is concentrated in only five high-flying stocks. And a screen of the biggest contributors to this year’s excellent performance for the S&amp;P 500 index highlights two that are expected not to perform well in 2022: Apple and Tesla.</p><p><blockquote>高盛（Goldman Sachs）的一份报告显示，投资者的资金仅集中在五只飞涨的股票上。在今年标普500指数出色表现的最大贡献者屏幕上，有两个国家预计在 2022 年表现不佳： 苹果和特斯拉。</blockquote></p><p> Just five stocks — Microsoft Corp.,Alphabet Inc.,Apple Inc.,Nvidia Corp.&nbsp;and Tesla Inc.&nbsp;— contributed over a third of the S&amp;P 500 Index’s&nbsp;26% total return for 2021 through Dec. 9, according to analysts at Goldman. And from the end of April through Dec. 9, they contributed 51% of the index’s 13% return.</p><p><blockquote>据高盛（Goldman）分析师称，截至 12 月 9 日，微软公司、Alphabet 公司、苹果公司、英伟达公司和特斯拉公司这五只股票就贡献了标普500指数 2021 年 26% 总回报率的三分之一以上。从 4 月底到 12 月 9 日，它们贡献了该指数 13% 回报率的 51%。</blockquote></p><p> Moreover, only 25 stocks accounted for 58% of the index’s gains, including reinvested dividends, through Dec. 9, Goldman said. Its list of those stocks is below, along with screens of Wall Street analysts’ expectations for the group as we look ahead to 2022 and 2023.</p><p><blockquote>此外，高盛表示，截至 12 月 9 日，包括再投资股息在内，只有 25 只股票占该指数涨幅的 58%。以下是华尔街分析师在展望 2022 年和 2023 年时对该集团的预期。</blockquote></p><p> The analysts, led by David Kostin, pointed out that “market breadth has narrowed substantially” over the past several months. In other words, investors have concentrated more of their money (and risk) in the largest tech companies, by market capitalization.</p><p><blockquote>以大卫-科斯汀（David Kostin）为首的分析师指出，在过去几个月里，“市场广度大幅缩小”。换句话说，按市值计算，投资者将更多的资金（和风险）集中在最大的科技公司。</blockquote></p><p> That said, the Goldman analysts continue to recommend that long-term investors “own high-growth, high-margin stocks.”</p><p><blockquote>尽管如此，高盛分析师仍然建议长期投资者 “持有高增长、高利润的股票”。</blockquote></p><p> <b>Digging into the 25 biggest contributors to the S&amp;P 500’s returns this year</b></p><p><blockquote><b>挖掘今年标普500收入的 25 个最大贡献者</b></blockquote></p><p> This list shows each of the 25 stocks and their “contributions” to the gains, expressed in basis points. (A basis point is one 100th of a percent. ) The table also includes pricing information — closing prices as of Dec. 14 with declines from 52-week highs and the dates of those highs.</p><p><blockquote>这份清单显示了 25 只股票及其对收益的 “贡献”，以基点表示。（基点是百分之一。）该表还包括定价信息——截至 12 月 14 日的收盘价，从 52 周高点下跌，以及这些高点的日期。</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Total return – 2021 through Dec. 9</b></td>    <td><b>Contribution to S&amp;P 500’s return for 2021 through Dec. 9 (basis points)</b></td>    <td><b>Closing Price – 12/14/21</b></td>    <td><b>Decline from 52-week high</b></td>    <td><b>Date of 52-week high</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>51%</td>    <td>271</td>    <td>$328.34</td>    <td>-6.1%</td>    <td>11/22/2021</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>68%</td>    <td>224</td>    <td>$2,878.14</td>    <td>-4.7%</td>    <td>11/19/2021</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>32%</td>    <td>217</td>    <td>$174.33</td>    <td>-4.3%</td>    <td>12/13/2021</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>134%</td>    <td>137</td>    <td>$283.37</td>    <td>-18.2%</td>    <td>11/22/2021</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>42%</td>    <td>71</td>    <td>$958.51</td>    <td>-22.9%</td>    <td>11/04/2021</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>58%</td>    <td>52</td>    <td>$402.20</td>    <td>-4.4%</td>    <td>12/06/2021</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>21%</td>    <td>43</td>    <td>$333.74</td>    <td>-13.2%</td>    <td>09/01/2021</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>37%</td>    <td>39</td>    <td>$479.46</td>    <td>-0.7%</td>    <td>12/14/2021</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>50%</td>    <td>36</td>    <td>$44.13</td>    <td>-9.4%</td>    <td>11/03/2021</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>29%</td>    <td>36</td>    <td>$159.13</td>    <td>-8.0%</td>    <td>10/25/2021</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>61%</td>    <td>34</td>    <td>$61.54</td>    <td>-7.3%</td>    <td>11/08/2021</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>23%</td>    <td>32</td>    <td>$295.03</td>    <td>-0.5%</td>    <td>12/14/2021</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>7%</td>    <td>31</td>    <td>$3,381.83</td>    <td>-10.4%</td>    <td>07/13/2021</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>47%</td>    <td>30</td>    <td>$55.54</td>    <td>-0.7%</td>    <td>12/14/2021</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>67%</td>    <td>26</td>    <td>$48.89</td>    <td>-7.0%</td>    <td>11/03/2021</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>47%</td>    <td>24</td>    <td>$116.22</td>    <td>-2.5%</td>    <td>12/08/2021</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>76%</td>    <td>24</td>    <td>$639.48</td>    <td>-10.8%</td>    <td>11/19/2021</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td><a href=\"https://www.marketwatch.com/investing/stock/LOW?mod=MW_story_quote\" target=\"_blank\">LOW</a></td>    <td>63%</td>    <td>23</td>    <td>$252.46</td>    <td>-4.1%</td>    <td>12/13/2021</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>44%</td>    <td>23</td>    <td>$369.73</td>    <td>-3.0%</td>    <td>12/13/2021</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>37%</td>    <td>22</td>    <td>$632.11</td>    <td>-5.2%</td>    <td>11/26/2021</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>40%</td>    <td>21</td>    <td>$545.34</td>    <td>-2.8%</td>    <td>12/10/2021</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>36%</td>    <td>20</td>    <td>$614.91</td>    <td>-4.6%</td>    <td>12/10/2021</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>26%</td>    <td>20</td>    <td>$614.86</td>    <td>-12.1%</td>    <td>11/22/2021</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>44%</td>    <td>20</td>    <td>$307.70</td>    <td>-7.9%</td>    <td>09/10/2021</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>46%</td>    <td>19</td>    <td>$249.38</td>    <td>-9.6%</td>    <td>08/17/2021</td>   </tr>  </tbody> </table> Sources: Goldman Sachs, FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>总回报 – 2021 年至 12 月 9 日</b></td><td><b>截至 12 月 9 日对标普500 2021 年回归的贡献（基点）</b></td><td><b>收盘价–12/14/21</b></td><td><b>从 52 周高点回落</b></td><td><b>52周高点日期</b></td></tr><tr><td>微软公司</td><td>微软</td><td>51%</td><td>271</td><td>$328.34</td><td>-6.1%</td><td>11/22/2021</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>68%</td><td>224</td><td>$2,878.14</td><td>-4.7%</td><td>11/19/2021</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>32%</td><td>217</td><td>$174.33</td><td>-4.3%</td><td>12/13/2021</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>134%</td><td>137</td><td>$283.37</td><td>-18.2%</td><td>11/22/2021</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>42%</td><td>71</td><td>$958.51</td><td>-22.9%</td><td>11/04/2021</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>58%</td><td>52</td><td>$402.20</td><td>-4.4%</td><td>12/06/2021</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>21%</td><td>43</td><td>$333.74</td><td>-13.2%</td><td>09/01/2021</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>37%</td><td>39</td><td>$479.46</td><td>-0.7%</td><td>12/14/2021</td></tr><tr><td>美国银行</td><td>巴克</td><td>50%</td><td>36</td><td>$44.13</td><td>-9.4%</td><td>11/03/2021</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>29%</td><td>36</td><td>$159.13</td><td>-8.0%</td><td>10/25/2021</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>61%</td><td>34</td><td>$61.54</td><td>-7.3%</td><td>11/08/2021</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>23%</td><td>32</td><td>$295.03</td><td>-0.5%</td><td>12/14/2021</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>7%</td><td>31</td><td>$3,381.83</td><td>-10.4%</td><td>07/13/2021</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>47%</td><td>30</td><td>$55.54</td><td>-0.7%</td><td>12/14/2021</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>67%</td><td>26</td><td>$48.89</td><td>-7.0%</td><td>11/03/2021</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>47%</td><td>24</td><td>$116.22</td><td>-2.5%</td><td>12/08/2021</td></tr><tr><td>直觉公司。</td><td>因图</td><td>76%</td><td>24</td><td>$639.48</td><td>-10.8%</td><td>11/19/2021</td></tr><tr><td>劳氏公司</td><td><a href=\"https://www.marketwatch.com/investing/stock/LOW?mod=MW_story_quote\" target=\"_blank\">低的</a></td><td>63%</td><td>23</td><td>$252.46</td><td>-4.1%</td><td>12/13/2021</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>44%</td><td>23</td><td>$369.73</td><td>-3.0%</td><td>12/13/2021</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>37%</td><td>22</td><td>$632.11</td><td>-5.2%</td><td>11/26/2021</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>40%</td><td>21</td><td>$545.34</td><td>-2.8%</td><td>12/10/2021</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>36%</td><td>20</td><td>$614.91</td><td>-4.6%</td><td>12/10/2021</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>26%</td><td>20</td><td>$614.86</td><td>-12.1%</td><td>11/22/2021</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>44%</td><td>20</td><td>$307.70</td><td>-7.9%</td><td>09/10/2021</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>46%</td><td>19</td><td>$249.38</td><td>-9.6%</td><td>08/17/2021</td></tr></tbody></table>资料来源：高盛、FactSet</blockquote></p><p> <table>  <tbody></tbody> </table> We included the declines from 52-week highs through Dec. 14 to illustrate how volatile the stocks of rapidly growing tech giants can be. Shares of Nvidia, for example, were down 18% from the high reached Nov. 22. Tesla has tumbled into bear-market territory three times in 2021 and is down 23% from its high reached Nov. 4.</p><p><blockquote><table><tbody></tbody></table>我们纳入了截至 12 月 14 日从 52 周高点的跌幅，以说明快速增长的科技巨头的股票波动性有多大。例如，英伟达 (Nvidia) 的股价较 11 月 22 日的高点下跌了 18%。特斯拉在 2021 年已三次陷入熊市区域，较 11 月 4 日达到的高点下跌了 23%。</blockquote></p><p> Leaving the list in the same order, here are consensus estimates among analysts polled by FactSet for sales (in millions of dollars) for calendar years through 2023, with projected compound annual growth rates (CAGR):</p><p><blockquote>按相同顺序离开列表，以下是 FactSet 调查的分析师对截至 2023 年日历年的销售额（单位：百万美元）的共识估计，以及预计的复合年增长率 (CAGR)：</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Estimated revenue – 2021</b></td>    <td><b>Estimated revenue – 2022</b></td>    <td><b>Estimated revenue – 2023</b></td>    <td><b>Two-year estimated sales CAGR</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>$182,593</td>    <td>$210,753</td>    <td>$240,396</td>    <td>14.7%</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>$254,060</td>    <td>$296,677</td>    <td>$341,671</td>    <td>16.0%</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>$369,729</td>    <td>$389,037</td>    <td>$413,789</td>    <td>5.8%</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>$25,754</td>    <td>$31,175</td>    <td>$36,380</td>    <td>18.9%</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>$51,678</td>    <td>$73,183</td>    <td>$89,639</td>    <td>31.7%</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>$148,615</td>    <td>$153,285</td>    <td>$158,252</td>    <td>3.2%</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>$117,569</td>    <td>$139,805</td>    <td>$164,737</td>    <td>18.4%</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>$286,410</td>    <td>$316,412</td>    <td>$342,740</td>    <td>9.4%</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>$89,268</td>    <td>$93,591</td>    <td>$99,180</td>    <td>5.4%</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>$123,128</td>    <td>$123,405</td>    <td>$130,270</td>    <td>2.9%</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>$294,130</td>    <td>$308,304</td>    <td>$292,830</td>    <td>-0.2%</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>$294,667</td>    <td>$294,894</td>    <td>$309,287</td>    <td>2.5%</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>$470,607</td>    <td>$553,097</td>    <td>$649,246</td>    <td>17.5%</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>$81,333</td>    <td>$92,070</td>    <td>$72,748</td>    <td>-5.4%</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>$76,024</td>    <td>$72,048</td>    <td>$75,462</td>    <td>-0.4%</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>$155,748</td>    <td>$168,114</td>    <td>$159,898</td>    <td>1.3%</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>$10,714</td>    <td>$12,980</td>    <td>$14,881</td>    <td>17.9%</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td>LOW</td>    <td>$95,152</td>    <td>$97,459</td>    <td>$100,080</td>    <td>2.6%</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>$52,819</td>    <td>$58,906</td>    <td>$63,622</td>    <td>9.8%</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>$37,210</td>    <td>$39,493</td>    <td>$42,053</td>    <td>6.3%</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>$203,027</td>    <td>$222,877</td>    <td>$238,794</td>    <td>8.5%</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>$27,976</td>    <td>$30,877</td>    <td>$32,521</td>    <td>7.8%</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>$15,957</td>    <td>$18,393</td>    <td>$21,000</td>    <td>14.7%</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>$29,116</td>    <td>$30,792</td>    <td>$32,437</td>    <td>5.5%</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>$27,601</td>    <td>$27,774</td>    <td>$30,366</td>    <td>4.9%</td>   </tr>  </tbody> </table> Source: FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>估计收入-2021</b></td><td><b>预计收入-2022</b></td><td><b>预计收入 – 2023</b></td><td><b>两年预计销售复合年增长率</b></td></tr><tr><td>微软公司</td><td>微软</td><td>$182,593</td><td>$210,753</td><td>$240,396</td><td>14.7%</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>$254,060</td><td>$296,677</td><td>$341,671</td><td>16.0%</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>$369,729</td><td>$389,037</td><td>$413,789</td><td>5.8%</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>$25,754</td><td>$31,175</td><td>$36,380</td><td>18.9%</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>$51,678</td><td>$73,183</td><td>$89,639</td><td>31.7%</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>$148,615</td><td>$153,285</td><td>$158,252</td><td>3.2%</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>$117,569</td><td>$139,805</td><td>$164,737</td><td>18.4%</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>$286,410</td><td>$316,412</td><td>$342,740</td><td>9.4%</td></tr><tr><td>美国银行</td><td>巴克</td><td>$89,268</td><td>$93,591</td><td>$99,180</td><td>5.4%</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>$123,128</td><td>$123,405</td><td>$130,270</td><td>2.9%</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>$294,130</td><td>$308,304</td><td>$292,830</td><td>-0.2%</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>$294,667</td><td>$294,894</td><td>$309,287</td><td>2.5%</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>$470,607</td><td>$553,097</td><td>$649,246</td><td>17.5%</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>$81,333</td><td>$92,070</td><td>$72,748</td><td>-5.4%</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>$76,024</td><td>$72,048</td><td>$75,462</td><td>-0.4%</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>$155,748</td><td>$168,114</td><td>$159,898</td><td>1.3%</td></tr><tr><td>直觉公司。</td><td>因图</td><td>$10,714</td><td>$12,980</td><td>$14,881</td><td>17.9%</td></tr><tr><td>劳氏公司</td><td>低的</td><td>$95,152</td><td>$97,459</td><td>$100,080</td><td>2.6%</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>$52,819</td><td>$58,906</td><td>$63,622</td><td>9.8%</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>$37,210</td><td>$39,493</td><td>$42,053</td><td>6.3%</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>$203,027</td><td>$222,877</td><td>$238,794</td><td>8.5%</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>$27,976</td><td>$30,877</td><td>$32,521</td><td>7.8%</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>$15,957</td><td>$18,393</td><td>$21,000</td><td>14.7%</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>$29,116</td><td>$30,792</td><td>$32,437</td><td>5.5%</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>$27,601</td><td>$27,774</td><td>$30,366</td><td>4.9%</td></tr></tbody></table>来源：FactSet</blockquote></p><p> Here’s another look ahead, this time at earnings-per-share estimates</p><p><blockquote>以下是另一个展望，这次是每股收益预测</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Estimated EPS – 2021</b></td>    <td><b>Estimated EPS – 2022</b></td>    <td><b>Estimated EPS – 2023</b></td>    <td><b>Two-year estimated EPS CAGR</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>$8.60</td>    <td>$9.85</td>    <td>$11.44</td>    <td>15.3%</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>$108.65</td>    <td>$113.97</td>    <td>$130.48</td>    <td>9.6%</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>$5.64</td>    <td>$5.85</td>    <td>$6.27</td>    <td>5.4%</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>$4.18</td>    <td>$5.08</td>    <td>$6.15</td>    <td>21.3%</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>$5.99</td>    <td>$8.64</td>    <td>$11.46</td>    <td>38.3%</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>$15.17</td>    <td>$16.13</td>    <td>$17.30</td>    <td>6.8%</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>$13.94</td>    <td>$14.24</td>    <td>$16.94</td>    <td>10.3%</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>$18.84</td>    <td>$21.63</td>    <td>$24.58</td>    <td>14.2%</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>$3.52</td>    <td>$3.19</td>    <td>$3.63</td>    <td>1.5%</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>$14.98</td>    <td>$12.03</td>    <td>$13.23</td>    <td>-6.0%</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>$5.03</td>    <td>$5.79</td>    <td>$5.59</td>    <td>5.4%</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>$11.65</td>    <td>$12.63</td>    <td>$14.13</td>    <td>10.1%</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>$41.31</td>    <td>$51.54</td>    <td>$76.68</td>    <td>36.2%</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>$4.19</td>    <td>$5.75</td>    <td>$4.87</td>    <td>7.8%</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>$4.63</td>    <td>$3.72</td>    <td>$4.41</td>    <td>-2.4%</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>$8.36</td>    <td>$9.42</td>    <td>$8.78</td>    <td>2.5%</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>$10.56</td>    <td>$12.51</td>    <td>$14.70</td>    <td>18.0%</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td>LOW</td>    <td>$11.71</td>    <td>$12.86</td>    <td>$14.40</td>    <td>10.9%</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>$9.25</td>    <td>$10.48</td>    <td>$11.59</td>    <td>11.9%</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>$23.45</td>    <td>$21.17</td>    <td>$23.34</td>    <td>-0.2%</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>$11.63</td>    <td>$13.06</td>    <td>$14.33</td>    <td>11.0%</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>$28.83</td>    <td>$33.53</td>    <td>$36.69</td>    <td>12.8%</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>$12.63</td>    <td>$14.47</td>    <td>$16.88</td>    <td>15.6%</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>$9.82</td>    <td>$10.16</td>    <td>$10.72</td>    <td>4.5%</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>$8.02</td>    <td>$8.13</td>    <td>$9.71</td>    <td>10.1%</td>   </tr>  </tbody> </table> Source: FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>预计每股收益 – 2021</b></td><td><b>预计每股收益 – 2022</b></td><td><b>预计每股收益 – 2023</b></td><td><b>两年预计每股收益复合年增长率</b></td></tr><tr><td>微软公司</td><td>微软</td><td>$8.60</td><td>$9.85</td><td>$11.44</td><td>15.3%</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>$108.65</td><td>$113.97</td><td>$130.48</td><td>9.6%</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>$5.64</td><td>$5.85</td><td>$6.27</td><td>5.4%</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>$4.18</td><td>$5.08</td><td>$6.15</td><td>21.3%</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>$5.99</td><td>$8.64</td><td>$11.46</td><td>38.3%</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>$15.17</td><td>$16.13</td><td>$17.30</td><td>6.8%</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>$13.94</td><td>$14.24</td><td>$16.94</td><td>10.3%</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>$18.84</td><td>$21.63</td><td>$24.58</td><td>14.2%</td></tr><tr><td>美国银行</td><td>巴克</td><td>$3.52</td><td>$3.19</td><td>$3.63</td><td>1.5%</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>$14.98</td><td>$12.03</td><td>$13.23</td><td>-6.0%</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>$5.03</td><td>$5.79</td><td>$5.59</td><td>5.4%</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>$11.65</td><td>$12.63</td><td>$14.13</td><td>10.1%</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>$41.31</td><td>$51.54</td><td>$76.68</td><td>36.2%</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>$4.19</td><td>$5.75</td><td>$4.87</td><td>7.8%</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>$4.63</td><td>$3.72</td><td>$4.41</td><td>-2.4%</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>$8.36</td><td>$9.42</td><td>$8.78</td><td>2.5%</td></tr><tr><td>直觉公司。</td><td>因图</td><td>$10.56</td><td>$12.51</td><td>$14.70</td><td>18.0%</td></tr><tr><td>劳氏公司</td><td>低的</td><td>$11.71</td><td>$12.86</td><td>$14.40</td><td>10.9%</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>$9.25</td><td>$10.48</td><td>$11.59</td><td>11.9%</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>$23.45</td><td>$21.17</td><td>$23.34</td><td>-0.2%</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>$11.63</td><td>$13.06</td><td>$14.33</td><td>11.0%</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>$28.83</td><td>$33.53</td><td>$36.69</td><td>12.8%</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>$12.63</td><td>$14.47</td><td>$16.88</td><td>15.6%</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>$9.82</td><td>$10.16</td><td>$10.72</td><td>4.5%</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>$8.02</td><td>$8.13</td><td>$9.71</td><td>10.1%</td></tr></tbody></table>来源：FactSet</blockquote></p><p> Here’s a summary of Wall Street analysts’ opinions about the stocks:</p><p><blockquote>以下是华尔街分析师对这些股票的看法摘要：</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company</b></td>    <td><b>Ticker</b></td>    <td><b>Share “buy” ratings</b></td>    <td><b>Share neutral ratings</b></td>    <td><b>Share “sell” ratings</b></td>    <td><b>Closing price – 12/14/21</b></td>    <td><b>Consensus price target</b></td>    <td><b>Implied 12-month upside potential</b></td>   </tr>   <tr>    <td>Microsoft Corp.</td>    <td>MSFT</td>    <td>90%</td>    <td>10%</td>    <td>0%</td>    <td>$328.34</td>    <td>$366.41</td>    <td>12%</td>   </tr>   <tr>    <td>Alphabet Inc. Class A</td>    <td>GOOGL</td>    <td>94%</td>    <td>6%</td>    <td>0%</td>    <td>$2,878.14</td>    <td>$3,333.70</td>    <td>16%</td>   </tr>   <tr>    <td>Apple Inc.</td>    <td>AAPL</td>    <td>79%</td>    <td>19%</td>    <td>2%</td>    <td>$174.33</td>    <td>$174.35</td>    <td>0%</td>   </tr>   <tr>    <td>Nvidia Corp.</td>    <td>NVDA</td>    <td>81%</td>    <td>12%</td>    <td>7%</td>    <td>$283.37</td>    <td>$341.51</td>    <td>21%</td>   </tr>   <tr>    <td>Tesla Inc.</td>    <td>TSLA</td>    <td>43%</td>    <td>30%</td>    <td>28%</td>    <td>$958.51</td>    <td>$860.35</td>    <td>-10%</td>   </tr>   <tr>    <td>Home Depot Inc.</td>    <td>HD</td>    <td>65%</td>    <td>32%</td>    <td>3%</td>    <td>$402.20</td>    <td>$417.16</td>    <td>4%</td>   </tr>   <tr>    <td>Meta Platforms Inc. Class A</td>    <td>FB</td>    <td>76%</td>    <td>22%</td>    <td>2%</td>    <td>$333.74</td>    <td>$398.32</td>    <td>19%</td>   </tr>   <tr>    <td>UnitedHealth Group Inc.</td>    <td>UNH</td>    <td>85%</td>    <td>11%</td>    <td>4%</td>    <td>$479.46</td>    <td>$490.88</td>    <td>2%</td>   </tr>   <tr>    <td>Bank of America Corp</td>    <td>BAC</td>    <td>64%</td>    <td>25%</td>    <td>11%</td>    <td>$44.13</td>    <td>$49.83</td>    <td>13%</td>   </tr>   <tr>    <td>JPMorgan Chase &amp; Co.</td>    <td>JPM</td>    <td>61%</td>    <td>32%</td>    <td>7%</td>    <td>$159.13</td>    <td>$179.70</td>    <td>13%</td>   </tr>   <tr>    <td>Exxon Mobil Corp.</td>    <td>XOM</td>    <td>39%</td>    <td>51%</td>    <td>10%</td>    <td>$61.54</td>    <td>$72.97</td>    <td>19%</td>   </tr>   <tr>    <td>Berkshire Hathaway Inc. Class B</td>    <td>BRK</td>    <td>43%</td>    <td>57%</td>    <td>0%</td>    <td>$295.03</td>    <td>$332.50</td>    <td>13%</td>   </tr>   <tr>    <td>Amazon.com Inc.</td>    <td>AMZN</td>    <td>94%</td>    <td>6%</td>    <td>0%</td>    <td>$3,381.83</td>    <td>$4,102.98</td>    <td>21%</td>   </tr>   <tr>    <td>Pfizer Inc.</td>    <td>PFE</td>    <td>38%</td>    <td>58%</td>    <td>4%</td>    <td>$55.54</td>    <td>$53.67</td>    <td>-3%</td>   </tr>   <tr>    <td>Wells Fargo &amp; Co.</td>    <td>WFC</td>    <td>67%</td>    <td>33%</td>    <td>0%</td>    <td>$48.89</td>    <td>$54.90</td>    <td>12%</td>   </tr>   <tr>    <td>Chevron Corp.</td>    <td>CVX</td>    <td>68%</td>    <td>32%</td>    <td>0%</td>    <td>$116.22</td>    <td>$130.36</td>    <td>12%</td>   </tr>   <tr>    <td>Intuit Inc.</td>    <td>INTU</td>    <td>83%</td>    <td>13%</td>    <td>4%</td>    <td>$639.48</td>    <td>$756.29</td>    <td>18%</td>   </tr>   <tr>    <td>Lowe’s Companies Inc.</td>    <td>LOW</td>    <td>73%</td>    <td>24%</td>    <td>3%</td>    <td>$252.46</td>    <td>$272.43</td>    <td>8%</td>   </tr>   <tr>    <td>Accenture Plc Class A</td>    <td>ACN</td>    <td>70%</td>    <td>26%</td>    <td>4%</td>    <td>$369.73</td>    <td>$383.68</td>    <td>4%</td>   </tr>   <tr>    <td>Thermo Fisher Scientific Inc.</td>    <td>TMO</td>    <td>83%</td>    <td>13%</td>    <td>4%</td>    <td>$632.11</td>    <td>$682.47</td>    <td>8%</td>   </tr>   <tr>    <td>Costco Wholesale Corp.</td>    <td>COST</td>    <td>59%</td>    <td>35%</td>    <td>6%</td>    <td>$545.34</td>    <td>$551.75</td>    <td>1%</td>   </tr>   <tr>    <td>Broadcom Inc.</td>    <td>AVGO</td>    <td>84%</td>    <td>13%</td>    <td>3%</td>    <td>$614.91</td>    <td>$682.70</td>    <td>11%</td>   </tr>   <tr>    <td>Adobe Inc.</td>    <td>ADBE</td>    <td>81%</td>    <td>19%</td>    <td>0%</td>    <td>$614.86</td>    <td>$720.69</td>    <td>17%</td>   </tr>   <tr>    <td>Danaher Corp.</td>    <td>DHR</td>    <td>82%</td>    <td>14%</td>    <td>4%</td>    <td>$307.70</td>    <td>$350.29</td>    <td>14%</td>   </tr>   <tr>    <td>Eli Lilly and Co.</td>    <td>LLY</td>    <td>67%</td>    <td>28%</td>    <td>5%</td>    <td>$249.38</td>    <td>$279.72</td>    <td>12%</td>   </tr>  </tbody> </table> Source: FactSet</p><p><blockquote><table><tbody><tr><td><b>公司</b></td><td><b>股票代码</b></td><td><b>分享“买入”评级</b></td><td><b>分享中性评级</b></td><td><b>分享“卖出”评级</b></td><td><b>收盘价–12/14/21</b></td><td><b>共识价格目标</b></td><td><b>隐含 12 个月上行潜力</b></td></tr><tr><td>微软公司</td><td>微软</td><td>90%</td><td>10%</td><td>0%</td><td>$328.34</td><td>$366.41</td><td>12%</td></tr><tr><td>Alphabet公司 A 级</td><td>GOOGL</td><td>94%</td><td>6%</td><td>0%</td><td>$2,878.14</td><td>$3,333.70</td><td>16%</td></tr><tr><td>苹果公司。</td><td>苹果</td><td>79%</td><td>19%</td><td>2%</td><td>$174.33</td><td>$174.35</td><td>0%</td></tr><tr><td>英伟达公司</td><td>NVDA</td><td>81%</td><td>12%</td><td>7%</td><td>$283.37</td><td>$341.51</td><td>21%</td></tr><tr><td>特斯拉公司。</td><td>特斯拉</td><td>43%</td><td>30%</td><td>28%</td><td>$958.51</td><td>$860.35</td><td>-10%</td></tr><tr><td>家得宝公司。</td><td>高清</td><td>65%</td><td>32%</td><td>3%</td><td>$402.20</td><td>$417.16</td><td>4%</td></tr><tr><td>Meta Platforms 公司 A 级</td><td>脸书</td><td>76%</td><td>22%</td><td>2%</td><td>$333.74</td><td>$398.32</td><td>19%</td></tr><tr><td>联合健康集团公司。</td><td>嗯</td><td>85%</td><td>11%</td><td>4%</td><td>$479.46</td><td>$490.88</td><td>2%</td></tr><tr><td>美国银行</td><td>巴克</td><td>64%</td><td>25%</td><td>11%</td><td>$44.13</td><td>$49.83</td><td>13%</td></tr><tr><td>摩根大通公司。</td><td>摩根大通</td><td>61%</td><td>32%</td><td>7%</td><td>$159.13</td><td>$179.70</td><td>13%</td></tr><tr><td>埃克森美孚公司</td><td>生的</td><td>39%</td><td>51%</td><td>10%</td><td>$61.54</td><td>$72.97</td><td>19%</td></tr><tr><td>伯克希尔哈撒韦公司 B 级</td><td>布尔克</td><td>43%</td><td>57%</td><td>0%</td><td>$295.03</td><td>$332.50</td><td>13%</td></tr><tr><td>亚马逊公司。</td><td>亚马逊</td><td>94%</td><td>6%</td><td>0%</td><td>$3,381.83</td><td>$4,102.98</td><td>21%</td></tr><tr><td>辉瑞公司。</td><td>PFE</td><td>38%</td><td>58%</td><td>4%</td><td>$55.54</td><td>$53.67</td><td>-3%</td></tr><tr><td>富国银行公司。</td><td>WFC</td><td>67%</td><td>33%</td><td>0%</td><td>$48.89</td><td>$54.90</td><td>12%</td></tr><tr><td>雪佛龙公司</td><td>CVX</td><td>68%</td><td>32%</td><td>0%</td><td>$116.22</td><td>$130.36</td><td>12%</td></tr><tr><td>直觉公司。</td><td>因图</td><td>83%</td><td>13%</td><td>4%</td><td>$639.48</td><td>$756.29</td><td>18%</td></tr><tr><td>劳氏公司</td><td>低的</td><td>73%</td><td>24%</td><td>3%</td><td>$252.46</td><td>$272.43</td><td>8%</td></tr><tr><td>埃森哲 Plc A 级</td><td>ACN</td><td>70%</td><td>26%</td><td>4%</td><td>$369.73</td><td>$383.68</td><td>4%</td></tr><tr><td>赛默飞世尔科学公司。</td><td>TMO</td><td>83%</td><td>13%</td><td>4%</td><td>$632.11</td><td>$682.47</td><td>8%</td></tr><tr><td>好市多批发公司。</td><td>成本</td><td>59%</td><td>35%</td><td>6%</td><td>$545.34</td><td>$551.75</td><td>1%</td></tr><tr><td>博通公司。</td><td>阿夫戈</td><td>84%</td><td>13%</td><td>3%</td><td>$614.91</td><td>$682.70</td><td>11%</td></tr><tr><td>土坯公司。</td><td>阿德贝</td><td>81%</td><td>19%</td><td>0%</td><td>$614.86</td><td>$720.69</td><td>17%</td></tr><tr><td>丹纳赫公司</td><td>先生</td><td>82%</td><td>14%</td><td>4%</td><td>$307.70</td><td>$350.29</td><td>14%</td></tr><tr><td>礼来公司。</td><td>LLY</td><td>67%</td><td>28%</td><td>5%</td><td>$249.38</td><td>$279.72</td><td>12%</td></tr></tbody></table>来源：FactSet</blockquote></p><p> Here are six data highlights to consider:</p><p><blockquote>以下是需要考虑的六个数据亮点：</blockquote></p><p></p><p> <ul>  <li>Two of this year’s best performers are expected to be poor performers next year, based on the price targets: Apple and Tesla.</li>  <li>Apple is expected to show much slower sales and earnings growth than the rest of the top five companies on the list through 2023.</li>  <li>Tesla’s expected two-year sales CAGR of 31.7% is by far the highest on the list. But only 43% of analysts polled by FactSet rate the stock a “buy.”</li>  <li>Tesla also has the highest expected EPS CAGR through 2023 at 38.3%, but Amazon.com Inc.&nbsp;is right behind, with a projected EPS CAGR of 36.2%. Next on the list by this measure is Nvidia, at 21.3%.</li>  <li>From the price targets, Nvidia and Amazon are Wall Street analysts’ favorite stocks on the list, with implied 12-month upside of 21%.</li>  <li>Pfizer Inc.’s&nbsp;sales are expected to rise in 2022 but fall in 2023 to a level below that of 2021, according to analysts polled by FactSet. That could reflect expectations that the coronavirus pandemic will be ending.</li> </ul></p><p><blockquote><ul><li>根据价格目标，今年表现最好的两家明年预计将表现不佳： 苹果和特斯拉。</li><li>预计到 2023 年，苹果的销售和盈利增长将比榜单上的其他五家公司慢得多。</li><li>特斯拉预计两年销售额复合年增长率为 31.7%，是迄今为止榜单中最高的。但接受 FactSet 调查的分析师中，只有 43% 将该股评级为 “买入 ”。</li><li>特斯拉到 2023 年的预期每股收益复合年增长率也最高，为 38.3%，但亚马逊公司紧随其后，预计每股收益复合年增长率为 36.2%。根据这一指标，排名第二的是英伟达，占21.3%。</li><li>从目标价来看，英伟达和亚马逊是华尔街分析师最喜欢的榜单股票，12 个月的隐含上涨空间为 21%。</li><li>FactSet 调查的分析师称，辉瑞公司的销售额预计将在 2022 年上升，但在 2023 年下降至低于 2021 年的水平。这可能反映了人们对冠状病毒大流行即将结束的预期。</li></ul></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/after-a-dazzling-2021-apple-and-tesla-stocks-are-expected-to-be-duds-in-2022-11639582194?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":{"BK4566":"资本集团","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4534":"瑞士信贷持仓","BK4099":"汽车制造商","MSFT":"微软","BK4559":"巴菲特持仓","BK4501":"段永平概念","BK4527":"明星科技股","BK4532":"文艺复兴科技持仓","BK4550":"红杉资本持仓","BK4548":"巴美列捷福持仓","NVDA":"英伟达","BK4551":"寇图资本持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4507":"流媒体概念","BK4554":"元宇宙及AR概念","BK4553":"喜马拉雅资本持仓","GOOGL":"谷歌A","BK4515":"5G概念","TSLA":"特斯拉","GOOG":"谷歌","BK4505":"高瓴资本持仓","BK4555":"新能源车","AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/after-a-dazzling-2021-apple-and-tesla-stocks-are-expected-to-be-duds-in-2022-11639582194?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191399540","content_text":"Here’s the outlook for the 25 stocks that have contributed more than half of the S&P 500 index’s gain this year\nShares of Apple have returned 32% this year, while Tesla has risen 36%. Getty Images\nA report from Goldman Sachs shows how much of investors’ money is concentrated in only five high-flying stocks. And a screen of the biggest contributors to this year’s excellent performance for the S&P 500 index highlights two that are expected not to perform well in 2022: Apple and Tesla.\nJust five stocks — Microsoft Corp.,Alphabet Inc.,Apple Inc.,Nvidia Corp. and Tesla Inc. — contributed over a third of the S&P 500 Index’s 26% total return for 2021 through Dec. 9, according to analysts at Goldman. And from the end of April through Dec. 9, they contributed 51% of the index’s 13% return.\nMoreover, only 25 stocks accounted for 58% of the index’s gains, including reinvested dividends, through Dec. 9, Goldman said. Its list of those stocks is below, along with screens of Wall Street analysts’ expectations for the group as we look ahead to 2022 and 2023.\nThe analysts, led by David Kostin, pointed out that “market breadth has narrowed substantially” over the past several months. In other words, investors have concentrated more of their money (and risk) in the largest tech companies, by market capitalization.\nThat said, the Goldman analysts continue to recommend that long-term investors “own high-growth, high-margin stocks.”\nDigging into the 25 biggest contributors to the S&P 500’s returns this year\nThis list shows each of the 25 stocks and their “contributions” to the gains, expressed in basis points. (A basis point is one 100th of a percent. ) The table also includes pricing information — closing prices as of Dec. 14 with declines from 52-week highs and the dates of those highs.\n\n\n\nCompany\nTicker\nTotal return – 2021 through Dec. 9\nContribution to S&P 500’s return for 2021 through Dec. 9 (basis points)\nClosing Price – 12/14/21\nDecline from 52-week high\nDate of 52-week high\n\n\nMicrosoft Corp.\nMSFT\n51%\n271\n$328.34\n-6.1%\n11/22/2021\n\n\nAlphabet Inc. Class A\nGOOGL\n68%\n224\n$2,878.14\n-4.7%\n11/19/2021\n\n\nApple Inc.\nAAPL\n32%\n217\n$174.33\n-4.3%\n12/13/2021\n\n\nNvidia Corp.\nNVDA\n134%\n137\n$283.37\n-18.2%\n11/22/2021\n\n\nTesla Inc.\nTSLA\n42%\n71\n$958.51\n-22.9%\n11/04/2021\n\n\nHome Depot Inc.\nHD\n58%\n52\n$402.20\n-4.4%\n12/06/2021\n\n\nMeta Platforms Inc. Class A\nFB\n21%\n43\n$333.74\n-13.2%\n09/01/2021\n\n\nUnitedHealth Group Inc.\nUNH\n37%\n39\n$479.46\n-0.7%\n12/14/2021\n\n\nBank of America Corp\nBAC\n50%\n36\n$44.13\n-9.4%\n11/03/2021\n\n\nJPMorgan Chase & Co.\nJPM\n29%\n36\n$159.13\n-8.0%\n10/25/2021\n\n\nExxon Mobil Corp.\nXOM\n61%\n34\n$61.54\n-7.3%\n11/08/2021\n\n\nBerkshire Hathaway Inc. Class B\nBRK\n23%\n32\n$295.03\n-0.5%\n12/14/2021\n\n\nAmazon.com Inc.\nAMZN\n7%\n31\n$3,381.83\n-10.4%\n07/13/2021\n\n\nPfizer Inc.\nPFE\n47%\n30\n$55.54\n-0.7%\n12/14/2021\n\n\nWells Fargo & Co.\nWFC\n67%\n26\n$48.89\n-7.0%\n11/03/2021\n\n\nChevron Corp.\nCVX\n47%\n24\n$116.22\n-2.5%\n12/08/2021\n\n\nIntuit Inc.\nINTU\n76%\n24\n$639.48\n-10.8%\n11/19/2021\n\n\nLowe’s Companies Inc.\nLOW\n63%\n23\n$252.46\n-4.1%\n12/13/2021\n\n\nAccenture Plc Class A\nACN\n44%\n23\n$369.73\n-3.0%\n12/13/2021\n\n\nThermo Fisher Scientific Inc.\nTMO\n37%\n22\n$632.11\n-5.2%\n11/26/2021\n\n\nCostco Wholesale Corp.\nCOST\n40%\n21\n$545.34\n-2.8%\n12/10/2021\n\n\nBroadcom Inc.\nAVGO\n36%\n20\n$614.91\n-4.6%\n12/10/2021\n\n\nAdobe Inc.\nADBE\n26%\n20\n$614.86\n-12.1%\n11/22/2021\n\n\nDanaher Corp.\nDHR\n44%\n20\n$307.70\n-7.9%\n09/10/2021\n\n\nEli Lilly and Co.\nLLY\n46%\n19\n$249.38\n-9.6%\n08/17/2021\n\n\n\nSources: Goldman Sachs, FactSet\n\n\n\nWe included the declines from 52-week highs through Dec. 14 to illustrate how volatile the stocks of rapidly growing tech giants can be. Shares of Nvidia, for example, were down 18% from the high reached Nov. 22. Tesla has tumbled into bear-market territory three times in 2021 and is down 23% from its high reached Nov. 4.\nLeaving the list in the same order, here are consensus estimates among analysts polled by FactSet for sales (in millions of dollars) for calendar years through 2023, with projected compound annual growth rates (CAGR):\n\n\n\nCompany\nTicker\nEstimated revenue – 2021\nEstimated revenue – 2022\nEstimated revenue – 2023\nTwo-year estimated sales CAGR\n\n\nMicrosoft Corp.\nMSFT\n$182,593\n$210,753\n$240,396\n14.7%\n\n\nAlphabet Inc. Class A\nGOOGL\n$254,060\n$296,677\n$341,671\n16.0%\n\n\nApple Inc.\nAAPL\n$369,729\n$389,037\n$413,789\n5.8%\n\n\nNvidia Corp.\nNVDA\n$25,754\n$31,175\n$36,380\n18.9%\n\n\nTesla Inc.\nTSLA\n$51,678\n$73,183\n$89,639\n31.7%\n\n\nHome Depot Inc.\nHD\n$148,615\n$153,285\n$158,252\n3.2%\n\n\nMeta Platforms Inc. Class A\nFB\n$117,569\n$139,805\n$164,737\n18.4%\n\n\nUnitedHealth Group Inc.\nUNH\n$286,410\n$316,412\n$342,740\n9.4%\n\n\nBank of America Corp\nBAC\n$89,268\n$93,591\n$99,180\n5.4%\n\n\nJPMorgan Chase & Co.\nJPM\n$123,128\n$123,405\n$130,270\n2.9%\n\n\nExxon Mobil Corp.\nXOM\n$294,130\n$308,304\n$292,830\n-0.2%\n\n\nBerkshire Hathaway Inc. Class B\nBRK\n$294,667\n$294,894\n$309,287\n2.5%\n\n\nAmazon.com Inc.\nAMZN\n$470,607\n$553,097\n$649,246\n17.5%\n\n\nPfizer Inc.\nPFE\n$81,333\n$92,070\n$72,748\n-5.4%\n\n\nWells Fargo & Co.\nWFC\n$76,024\n$72,048\n$75,462\n-0.4%\n\n\nChevron Corp.\nCVX\n$155,748\n$168,114\n$159,898\n1.3%\n\n\nIntuit Inc.\nINTU\n$10,714\n$12,980\n$14,881\n17.9%\n\n\nLowe’s Companies Inc.\nLOW\n$95,152\n$97,459\n$100,080\n2.6%\n\n\nAccenture Plc Class A\nACN\n$52,819\n$58,906\n$63,622\n9.8%\n\n\nThermo Fisher Scientific Inc.\nTMO\n$37,210\n$39,493\n$42,053\n6.3%\n\n\nCostco Wholesale Corp.\nCOST\n$203,027\n$222,877\n$238,794\n8.5%\n\n\nBroadcom Inc.\nAVGO\n$27,976\n$30,877\n$32,521\n7.8%\n\n\nAdobe Inc.\nADBE\n$15,957\n$18,393\n$21,000\n14.7%\n\n\nDanaher Corp.\nDHR\n$29,116\n$30,792\n$32,437\n5.5%\n\n\nEli Lilly and Co.\nLLY\n$27,601\n$27,774\n$30,366\n4.9%\n\n\n\nSource: FactSet\nHere’s another look ahead, this time at earnings-per-share estimates\n\n\n\nCompany\nTicker\nEstimated EPS – 2021\nEstimated EPS – 2022\nEstimated EPS – 2023\nTwo-year estimated EPS CAGR\n\n\nMicrosoft Corp.\nMSFT\n$8.60\n$9.85\n$11.44\n15.3%\n\n\nAlphabet Inc. Class A\nGOOGL\n$108.65\n$113.97\n$130.48\n9.6%\n\n\nApple Inc.\nAAPL\n$5.64\n$5.85\n$6.27\n5.4%\n\n\nNvidia Corp.\nNVDA\n$4.18\n$5.08\n$6.15\n21.3%\n\n\nTesla Inc.\nTSLA\n$5.99\n$8.64\n$11.46\n38.3%\n\n\nHome Depot Inc.\nHD\n$15.17\n$16.13\n$17.30\n6.8%\n\n\nMeta Platforms Inc. Class A\nFB\n$13.94\n$14.24\n$16.94\n10.3%\n\n\nUnitedHealth Group Inc.\nUNH\n$18.84\n$21.63\n$24.58\n14.2%\n\n\nBank of America Corp\nBAC\n$3.52\n$3.19\n$3.63\n1.5%\n\n\nJPMorgan Chase & Co.\nJPM\n$14.98\n$12.03\n$13.23\n-6.0%\n\n\nExxon Mobil Corp.\nXOM\n$5.03\n$5.79\n$5.59\n5.4%\n\n\nBerkshire Hathaway Inc. Class B\nBRK\n$11.65\n$12.63\n$14.13\n10.1%\n\n\nAmazon.com Inc.\nAMZN\n$41.31\n$51.54\n$76.68\n36.2%\n\n\nPfizer Inc.\nPFE\n$4.19\n$5.75\n$4.87\n7.8%\n\n\nWells Fargo & Co.\nWFC\n$4.63\n$3.72\n$4.41\n-2.4%\n\n\nChevron Corp.\nCVX\n$8.36\n$9.42\n$8.78\n2.5%\n\n\nIntuit Inc.\nINTU\n$10.56\n$12.51\n$14.70\n18.0%\n\n\nLowe’s Companies Inc.\nLOW\n$11.71\n$12.86\n$14.40\n10.9%\n\n\nAccenture Plc Class A\nACN\n$9.25\n$10.48\n$11.59\n11.9%\n\n\nThermo Fisher Scientific Inc.\nTMO\n$23.45\n$21.17\n$23.34\n-0.2%\n\n\nCostco Wholesale Corp.\nCOST\n$11.63\n$13.06\n$14.33\n11.0%\n\n\nBroadcom Inc.\nAVGO\n$28.83\n$33.53\n$36.69\n12.8%\n\n\nAdobe Inc.\nADBE\n$12.63\n$14.47\n$16.88\n15.6%\n\n\nDanaher Corp.\nDHR\n$9.82\n$10.16\n$10.72\n4.5%\n\n\nEli Lilly and Co.\nLLY\n$8.02\n$8.13\n$9.71\n10.1%\n\n\n\nSource: FactSet\nHere’s a summary of Wall Street analysts’ opinions about the stocks:\n\n\n\nCompany\nTicker\nShare “buy” ratings\nShare neutral ratings\nShare “sell” ratings\nClosing price – 12/14/21\nConsensus price target\nImplied 12-month upside potential\n\n\nMicrosoft Corp.\nMSFT\n90%\n10%\n0%\n$328.34\n$366.41\n12%\n\n\nAlphabet Inc. Class A\nGOOGL\n94%\n6%\n0%\n$2,878.14\n$3,333.70\n16%\n\n\nApple Inc.\nAAPL\n79%\n19%\n2%\n$174.33\n$174.35\n0%\n\n\nNvidia Corp.\nNVDA\n81%\n12%\n7%\n$283.37\n$341.51\n21%\n\n\nTesla Inc.\nTSLA\n43%\n30%\n28%\n$958.51\n$860.35\n-10%\n\n\nHome Depot Inc.\nHD\n65%\n32%\n3%\n$402.20\n$417.16\n4%\n\n\nMeta Platforms Inc. Class A\nFB\n76%\n22%\n2%\n$333.74\n$398.32\n19%\n\n\nUnitedHealth Group Inc.\nUNH\n85%\n11%\n4%\n$479.46\n$490.88\n2%\n\n\nBank of America Corp\nBAC\n64%\n25%\n11%\n$44.13\n$49.83\n13%\n\n\nJPMorgan Chase & Co.\nJPM\n61%\n32%\n7%\n$159.13\n$179.70\n13%\n\n\nExxon Mobil Corp.\nXOM\n39%\n51%\n10%\n$61.54\n$72.97\n19%\n\n\nBerkshire Hathaway Inc. Class B\nBRK\n43%\n57%\n0%\n$295.03\n$332.50\n13%\n\n\nAmazon.com Inc.\nAMZN\n94%\n6%\n0%\n$3,381.83\n$4,102.98\n21%\n\n\nPfizer Inc.\nPFE\n38%\n58%\n4%\n$55.54\n$53.67\n-3%\n\n\nWells Fargo & Co.\nWFC\n67%\n33%\n0%\n$48.89\n$54.90\n12%\n\n\nChevron Corp.\nCVX\n68%\n32%\n0%\n$116.22\n$130.36\n12%\n\n\nIntuit Inc.\nINTU\n83%\n13%\n4%\n$639.48\n$756.29\n18%\n\n\nLowe’s Companies Inc.\nLOW\n73%\n24%\n3%\n$252.46\n$272.43\n8%\n\n\nAccenture Plc Class A\nACN\n70%\n26%\n4%\n$369.73\n$383.68\n4%\n\n\nThermo Fisher Scientific Inc.\nTMO\n83%\n13%\n4%\n$632.11\n$682.47\n8%\n\n\nCostco Wholesale Corp.\nCOST\n59%\n35%\n6%\n$545.34\n$551.75\n1%\n\n\nBroadcom Inc.\nAVGO\n84%\n13%\n3%\n$614.91\n$682.70\n11%\n\n\nAdobe Inc.\nADBE\n81%\n19%\n0%\n$614.86\n$720.69\n17%\n\n\nDanaher Corp.\nDHR\n82%\n14%\n4%\n$307.70\n$350.29\n14%\n\n\nEli Lilly and Co.\nLLY\n67%\n28%\n5%\n$249.38\n$279.72\n12%\n\n\n\nSource: FactSet\nHere are six data highlights to consider:\n\nTwo of this year’s best performers are expected to be poor performers next year, based on the price targets: Apple and Tesla.\nApple is expected to show much slower sales and earnings growth than the rest of the top five companies on the list through 2023.\nTesla’s expected two-year sales CAGR of 31.7% is by far the highest on the list. But only 43% of analysts polled by FactSet rate the stock a “buy.”\nTesla also has the highest expected EPS CAGR through 2023 at 38.3%, but Amazon.com Inc. is right behind, with a projected EPS CAGR of 36.2%. Next on the list by this measure is Nvidia, at 21.3%.\nFrom the price targets, Nvidia and Amazon are Wall Street analysts’ favorite stocks on the list, with implied 12-month upside of 21%.\nPfizer Inc.’s sales are expected to rise in 2022 but fall in 2023 to a level below that of 2021, according to analysts polled by FactSet. That could reflect expectations that the coronavirus pandemic will be ending.","news_type":1,"symbols_score_info":{"GOOGL":0.9,"TSLA":0.9,"NVDA":0.9,"GOOG":0.9,"AAPL":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690600419,"gmtCreate":1639660091338,"gmtModify":1639660091622,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579259217271611","authorIdStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Property stocks will be affected by the cooling measures&nbsp;","listText":"Property stocks will be affected by the cooling measures&nbsp;","text":"Property stocks will be affected by the cooling measures","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690600419","repostId":"1165042142","repostType":4,"isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":885212490,"gmtCreate":1631797210010,"gmtModify":1631883555579,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Is Tesla price high now ?","listText":"Is Tesla price high now ?","text":"Is Tesla price high now ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/885212490","repostId":"1178217262","repostType":4,"repost":{"id":"1178217262","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":1631780500,"share":"https://www.laohunote.com/m/news/1178217262?lang=zh_CN&edition=full","pubTime":"2021-09-16 16:21","market":"us","language":"en","title":"EV Stocks slipped in premarket trading<blockquote>电动汽车股票在盘前交易中下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178217262","media":"Tiger Newspress","summary":"EV Stocks slipped in premarket trading.Tesla,Nio,Xpeng Motors and Li Auto fell between 0.5% and 2.8%","content":"<p>EV Stocks slipped in premarket trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;fell&nbsp;between 0.5% and 2.8%&nbsp;while&nbsp;Lucid&nbsp;rose&nbsp;nearly&nbsp;2%&nbsp;as&nbsp;BofA called Lucid&nbsp;the 'Tesla/Ferrari of New EV Automakers'.</p><p><blockquote>电动汽车股票在盘前交易中下跌。特斯拉、蔚来汽车、小鹏汽车和理想汽车下跌 0.5% 至 2.8%，而 Lucid 则上涨近 2%，美国银行称 Lucid 为“新电动汽车制造商的特斯拉/法拉利”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/294b5ec452d391346819925d05588591\" tg-width=\"405\" tg-height=\"301\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.</p><p><blockquote>凯西-伍德（Cathie Wood）的交易所交易基金卖出了更多特斯拉公司（Microsoft Inc.</blockquote></p><p> XPeng&nbsp;launched its third production model, the P5 sedan. A lidar-equipped EV that starts at less than 160,00 Chinese renminbi, or less than $25,000.There are lower-priced EVs on the market, but not with lidar-enabled, advanced driver assistance systems and not with range of the P5.The stock isn’t reacting too positively to the announcement.</p><p><blockquote>小鹏汽车推出了第三款量产车型P5轿车。一款配备激光雷达的电动汽车，起价不到 160,000 元人民币，即不到 25,000 美元。市场上有价格较低的电动汽车，但没有配备支持激光雷达的高级驾驶辅助系统，也没有 P5 的续航里程。该股对这一消息的反应并不太积极。</blockquote></p><p> Bank of America predicts 50% gain in Lucid, compares EV maker to Tesla and Ferrari.</p><p><blockquote>美国银行预测 Lucid 股价将上涨 50%，并将这家电动汽车制造商与特斯拉和法拉利进行了比较。</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>EV Stocks slipped in premarket trading<blockquote>电动汽车股票在盘前交易中下跌</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\">\nEV Stocks slipped in premarket trading<blockquote>电动汽车股票在盘前交易中下跌</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\">2021-09-16 16:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV Stocks slipped in premarket trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;fell&nbsp;between 0.5% and 2.8%&nbsp;while&nbsp;Lucid&nbsp;rose&nbsp;nearly&nbsp;2%&nbsp;as&nbsp;BofA called Lucid&nbsp;the 'Tesla/Ferrari of New EV Automakers'.</p><p><blockquote>电动汽车股票在盘前交易中下跌。特斯拉、蔚来汽车、小鹏汽车和理想汽车下跌 0.5% 至 2.8%，而 Lucid 则上涨近 2%，美国银行称 Lucid 为“新电动汽车制造商的特斯拉/法拉利”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/294b5ec452d391346819925d05588591\" tg-width=\"405\" tg-height=\"301\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.</p><p><blockquote>凯西-伍德（Cathie Wood）的交易所交易基金卖出了更多特斯拉公司（Microsoft Inc.</blockquote></p><p> XPeng&nbsp;launched its third production model, the P5 sedan. A lidar-equipped EV that starts at less than 160,00 Chinese renminbi, or less than $25,000.There are lower-priced EVs on the market, but not with lidar-enabled, advanced driver assistance systems and not with range of the P5.The stock isn’t reacting too positively to the announcement.</p><p><blockquote>小鹏汽车推出了第三款量产车型P5轿车。一款配备激光雷达的电动汽车，起价不到 160,000 元人民币，即不到 25,000 美元。市场上有价格较低的电动汽车，但没有配备支持激光雷达的高级驾驶辅助系统，也没有 P5 的续航里程。该股对这一消息的反应并不太积极。</blockquote></p><p> Bank of America predicts 50% gain in Lucid, compares EV maker to Tesla and Ferrari.</p><p><blockquote>美国银行预测 Lucid 股价将上涨 50%，并将这家电动汽车制造商与特斯拉和法拉利进行了比较。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏集团","LI":"理想汽车","LCID":"Lucid Group Inc","TSLA":"特斯拉","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178217262","content_text":"EV Stocks slipped in premarket trading.Tesla,Nio,Xpeng Motors and Li Auto fell between 0.5% and 2.8% while Lucid rose nearly 2% as BofA called Lucid the 'Tesla/Ferrari of New EV Automakers'.\n\nCathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.\nXPeng launched its third production model, the P5 sedan. A lidar-equipped EV that starts at less than 160,00 Chinese renminbi, or less than $25,000.There are lower-priced EVs on the market, but not with lidar-enabled, advanced driver assistance systems and not with range of the P5.The stock isn’t reacting too positively to the announcement.\nBank of America predicts 50% gain in Lucid, compares EV maker to Tesla and Ferrari.","news_type":1,"symbols_score_info":{"XPEV":0.9,"NIO":0.9,"TSLA":0.9,"LCID":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":607571773,"gmtCreate":1639572264754,"gmtModify":1639572265069,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Grab may further drop to $6, let wait &amp; see","listText":"Grab may further drop to $6, let wait &amp; see","text":"Grab may further drop to $6, let wait & see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607571773","repostId":"1193800022","repostType":4,"repost":{"id":"1193800022","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":1639559318,"share":"https://www.laohunote.com/m/news/1193800022?lang=zh_CN&edition=full","pubTime":"2021-12-15 17:08","market":"us","language":"en","title":"Grab rebounded nearly 2% in premarket trading,though it declined nearly 40% since its debut<blockquote>Grab 在盘前交易中反弹近 2%，但自上市以来已下跌近 40%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193800022","media":"Tiger Newspress","summary":"Grab rebounded nearly 2% in premarket trading, though it declined nearly 40% since its debut.The com","content":"<p>Grab rebounded nearly 2% in premarket trading,&nbsp;though it declined nearly 40% since its debut.<img src=\"https://static.tigerbbs.com/a7420ad923b6146738c1e005f479bc16\" tg-width=\"765\" tg-height=\"558\" width=\"100%\" height=\"auto\">The company&nbsp;made its debut on the Nasdaq on Dec. 2 after merging with Altimeter Growth Corp., a special purpose acquisition company (SPAC) managed by hedge fund Altimeter Capital. However, the ride-hailing and delivery company has experienced a rocky start, as shares of GRAB stock have declined&nbsp;nearly 40% since.&nbsp;</p><p><blockquote>Grab 在盘前交易中反弹近 2%，但自上市以来已下跌近 40%。该公司与对冲基金Altimeter Capital管理的特殊目的收购公司（SPAC）Altimeter Growth Corp.合并后于12月2日在纳斯达克首次亮相。然而，这家叫车和送货公司的开局并不顺利，此后 GRAB 股票的股价已下跌近 40%。</blockquote></p><p> Yesterday, Grab announced that it would be buying Jaya Grocer, one of the top premium supermarket chains based in Malaysia. Financial terms of the acquisition were not immediately disclosed, although a source close to the matter said the acquisition price would be between RM 1.5 billion and RM 1.8 billion. As part of the agreement, Grab will buy 100% of all Jaya Grocer ordinary shares and 75% of its preference shares. Additionally, Grab will have the option to buy the remaining preference shares after the transaction closes. Preference shareholders have priority over common stock holders when it comes to dividends, although they do not generally have voting rights.</p><p><blockquote>昨天，Grab宣布将收购马来西亚顶级优质连锁超市之一Jaya Grocer。收购的财务条款没有立即披露，尽管一位知情人士称收购价格将在15亿至18亿令吉之间。作为协议的一部分，Grab将购买Jaya Grocer 100%的普通股和75%的优先股。此外，Grab 将可以选择在交易完成后购买剩余优先股。优先股股东在股息方面优先于普通股股东，尽管他们通常没有投票权。</blockquote></p><p> Furthermore, due to regulatory reasons, Grab plans to partner with a local investor, who will own 50% of the voting shares in Jaya Grocer. However, the local investor has not been disclosed yet. Grab announced that the acquisition will likely close during the first quarter of 2022.</p><p><blockquote>此外，由于监管原因，Grab计划与当地投资者合作，该投资者将拥有Jaya Grocer 50%的投票权股份。不过，当地投资者尚未披露。Grab宣布收购可能会在2022年第一季度完成。</blockquote></p><p> The grocery chain reported RM 1.34 billion in sales for the financial year ended June 2020. Gross profit tallied in at RM 68.65 million.</p><p><blockquote>该杂货连锁店报告截至2020年6月的财年销售额为13.4亿令吉。毛利为6865万令吉。</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>Grab rebounded nearly 2% in premarket trading,though it declined nearly 40% since its debut<blockquote>Grab 在盘前交易中反弹近 2%，但自上市以来已下跌近 40%</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\">\nGrab rebounded nearly 2% in premarket trading,though it declined nearly 40% since its debut<blockquote>Grab 在盘前交易中反弹近 2%，但自上市以来已下跌近 40%</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\">2021-12-15 17:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Grab rebounded nearly 2% in premarket trading,&nbsp;though it declined nearly 40% since its debut.<img src=\"https://static.tigerbbs.com/a7420ad923b6146738c1e005f479bc16\" tg-width=\"765\" tg-height=\"558\" width=\"100%\" height=\"auto\">The company&nbsp;made its debut on the Nasdaq on Dec. 2 after merging with Altimeter Growth Corp., a special purpose acquisition company (SPAC) managed by hedge fund Altimeter Capital. However, the ride-hailing and delivery company has experienced a rocky start, as shares of GRAB stock have declined&nbsp;nearly 40% since.&nbsp;</p><p><blockquote>Grab 在盘前交易中反弹近 2%，但自上市以来已下跌近 40%。该公司与对冲基金Altimeter Capital管理的特殊目的收购公司（SPAC）Altimeter Growth Corp.合并后于12月2日在纳斯达克首次亮相。然而，这家叫车和送货公司的开局并不顺利，此后 GRAB 股票的股价已下跌近 40%。</blockquote></p><p> Yesterday, Grab announced that it would be buying Jaya Grocer, one of the top premium supermarket chains based in Malaysia. Financial terms of the acquisition were not immediately disclosed, although a source close to the matter said the acquisition price would be between RM 1.5 billion and RM 1.8 billion. As part of the agreement, Grab will buy 100% of all Jaya Grocer ordinary shares and 75% of its preference shares. Additionally, Grab will have the option to buy the remaining preference shares after the transaction closes. Preference shareholders have priority over common stock holders when it comes to dividends, although they do not generally have voting rights.</p><p><blockquote>昨天，Grab宣布将收购马来西亚顶级优质连锁超市之一Jaya Grocer。收购的财务条款没有立即披露，尽管一位知情人士称收购价格将在15亿至18亿令吉之间。作为协议的一部分，Grab将购买Jaya Grocer 100%的普通股和75%的优先股。此外，Grab 将可以选择在交易完成后购买剩余优先股。优先股股东在股息方面优先于普通股股东，尽管他们通常没有投票权。</blockquote></p><p> Furthermore, due to regulatory reasons, Grab plans to partner with a local investor, who will own 50% of the voting shares in Jaya Grocer. However, the local investor has not been disclosed yet. Grab announced that the acquisition will likely close during the first quarter of 2022.</p><p><blockquote>此外，由于监管原因，Grab计划与当地投资者合作，该投资者将拥有Jaya Grocer 50%的投票权股份。不过，当地投资者尚未披露。Grab宣布收购可能会在2022年第一季度完成。</blockquote></p><p> The grocery chain reported RM 1.34 billion in sales for the financial year ended June 2020. Gross profit tallied in at RM 68.65 million.</p><p><blockquote>该杂货连锁店报告截至2020年6月的财年销售额为13.4亿令吉。毛利为6865万令吉。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193800022","content_text":"Grab rebounded nearly 2% in premarket trading, though it declined nearly 40% since its debut.The company made its debut on the Nasdaq on Dec. 2 after merging with Altimeter Growth Corp., a special purpose acquisition company (SPAC) managed by hedge fund Altimeter Capital. However, the ride-hailing and delivery company has experienced a rocky start, as shares of GRAB stock have declined nearly 40% since. \nYesterday, Grab announced that it would be buying Jaya Grocer, one of the top premium supermarket chains based in Malaysia. Financial terms of the acquisition were not immediately disclosed, although a source close to the matter said the acquisition price would be between RM 1.5 billion and RM 1.8 billion. As part of the agreement, Grab will buy 100% of all Jaya Grocer ordinary shares and 75% of its preference shares. Additionally, Grab will have the option to buy the remaining preference shares after the transaction closes. Preference shareholders have priority over common stock holders when it comes to dividends, although they do not generally have voting rights.\nFurthermore, due to regulatory reasons, Grab plans to partner with a local investor, who will own 50% of the voting shares in Jaya Grocer. However, the local investor has not been disclosed yet. Grab announced that the acquisition will likely close during the first quarter of 2022.\nThe grocery chain reported RM 1.34 billion in sales for the financial year ended June 2020. Gross profit tallied in at RM 68.65 million.","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":1046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604968769,"gmtCreate":1639313041517,"gmtModify":1639313187621,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"not for me","listText":"not for me","text":"not for me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604968769","repostId":"2190679207","repostType":4,"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693003709,"gmtCreate":1639917727117,"gmtModify":1639917727396,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Year 2035 ? That is 14 years later, anything can happen 14 years later.","listText":"Year 2035 ? That is 14 years later, anything can happen 14 years later.","text":"Year 2035 ? That is 14 years later, anything can happen 14 years later.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693003709","repostId":"2192035909","repostType":4,"isVote":1,"tweetType":1,"viewCount":1817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600114757,"gmtCreate":1638088856631,"gmtModify":1638088856788,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"In stock market , nothing is guarantee&nbsp;","listText":"In stock market , nothing is guarantee&nbsp;","text":"In stock market , nothing is guarantee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600114757","repostId":"2186432895","repostType":4,"isVote":1,"tweetType":1,"viewCount":950,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824823118,"gmtCreate":1634303617268,"gmtModify":1634303617561,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"I like Tesla&nbsp;","listText":"I like Tesla&nbsp;","text":"I like Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/824823118","repostId":"1128641889","repostType":4,"repost":{"id":"1128641889","kind":"news","pubTimestamp":1634227362,"share":"https://www.laohunote.com/m/news/1128641889?lang=zh_CN&edition=full","pubTime":"2021-10-15 00:02","market":"us","language":"en","title":"Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.<blockquote>特斯拉是世界上最有价值的汽车股票。就连仇恨者也这么认为。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128641889","media":"Barrons","summary":"Tesla is the world’s most valuable car stock. Even the bears admit it.Thursday, Barclays analyst Brian Johnson raised his price target for Tesla  stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.At $300, Johnson is saying that Tesla stock is worth about $300 billion.  That’s more than Toyota Motor’s  market capitalization of about $28","content":"<p>Tesla&nbsp;is the world’s most valuable car stock. Even the bears admit it.</p><p><blockquote>特斯拉是世界上最有价值的汽车股票。连熊都承认。</blockquote></p><p> Thursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.</p><p><blockquote>周四，巴克莱分析师 Brian Johnson 将特斯拉（股票代码：TSLA）股票的目标价从 230 美元上调至 300 美元。不过，他仍然给予相当于卖出的股票评级。特斯拉股价周四收于 818.32 美元，远未接近 300 美元。尽管如此，他的目标价格在一个方面被提高到了一个重要水平。</blockquote></p><p> At $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than&nbsp;Toyota Motor’s&nbsp;(TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.</p><p><blockquote>按 300 美元计算，Johnson 表示特斯拉股票的价值约为 3000 亿美元。(这比丰田汽车（Toyota Motor，TM）约 2870 亿美元的市值还要多）。另一位分析师现在认为，没有比特斯拉更有价值的汽车公司了。</blockquote></p><p> Tesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.</p><p><blockquote>特斯拉仍然是华尔街极具争议的股票。分析师的目标价（甚至删除顶部和底部目标以减少偏差）范围为每股 150 美元至 1,080 美元。930美元的牛熊价差超过当前股价的100%，比大型股票的平均价差宽两到三倍。</blockquote></p><p> The bull-bear spread for&nbsp;Microsoft&nbsp;(MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.</p><p><blockquote>例如，微软（MSFT）的牛熊价差约为每股 100 美元，约为该股近期 296.31 美元股价的 33%。</blockquote></p><p> The Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.</p><p><blockquote>特斯拉的争议在很大程度上可以归结为一场关于特斯拉是什么的辩论。看空者认为它是一家汽车公司，竞争将侵蚀其利润并减缓其增长。看涨者认为，特斯拉是一家平台科技公司，除了核心汽车业务外，还拥有固定电源等多项业务，特斯拉在自动驾驶和电池管理软件等领域领先于汽车同行，这将使公司在未来十年内实现高增长，同时保持领先的电动汽车市场份额。</blockquote></p><p> Johnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates&nbsp;General Motors&nbsp;(GM) and&nbsp;Ford Motor&nbsp;(F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.</p><p><blockquote>约翰逊则是一位传统的汽车分析师，负责研究 20 多家公司。他似乎属于前阵营。他将通用汽车 (GM) 和福特汽车 (F) 的股票评级为买入。这两只股票的市盈率为个位数。特斯拉的交易价格约为 2022 年预期收益的 100 倍。</blockquote></p><p> He raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.</p><p><blockquote>他提高了目标价，因为尽管认为该公司被高估，但在 10 月 20 日发布的第三季度财报中，情况看起来不错。</blockquote></p><p> For the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.</p><p><blockquote>华尔街预计第三季度销售额为 135 亿美元，每股收益约为 1.5 美元。该公司第二季度销售额为 120 亿美元，调整后每股收益为 1.45 美元。</blockquote></p><p> Tesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;are both down slightly over the same span.</p><p><blockquote>特斯拉股票一直表现强劲，这反映了良好的盈利状况。过去三个月股价上涨了约 21%。标普500和道琼斯工业平均指数在同一时期都略有下跌。</blockquote></p><p> Its stock rose 0.4% to $821.75 in premarket trading.</p><p><blockquote>其股价在盘前交易中上涨 0.4%，至 821.75 美元。</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>Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.<blockquote>特斯拉是世界上最有价值的汽车股票。就连仇恨者也这么认为。</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\">\nTesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.<blockquote>特斯拉是世界上最有价值的汽车股票。就连仇恨者也这么认为。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-10-15 00:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;is the world’s most valuable car stock. Even the bears admit it.</p><p><blockquote>特斯拉是世界上最有价值的汽车股票。连熊都承认。</blockquote></p><p> Thursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.</p><p><blockquote>周四，巴克莱分析师 Brian Johnson 将特斯拉（股票代码：TSLA）股票的目标价从 230 美元上调至 300 美元。不过，他仍然给予相当于卖出的股票评级。特斯拉股价周四收于 818.32 美元，远未接近 300 美元。尽管如此，他的目标价格在一个方面被提高到了一个重要水平。</blockquote></p><p> At $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than&nbsp;Toyota Motor’s&nbsp;(TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.</p><p><blockquote>按 300 美元计算，Johnson 表示特斯拉股票的价值约为 3000 亿美元。(这比丰田汽车（Toyota Motor，TM）约 2870 亿美元的市值还要多）。另一位分析师现在认为，没有比特斯拉更有价值的汽车公司了。</blockquote></p><p> Tesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.</p><p><blockquote>特斯拉仍然是华尔街极具争议的股票。分析师的目标价（甚至删除顶部和底部目标以减少偏差）范围为每股 150 美元至 1,080 美元。930美元的牛熊价差超过当前股价的100%，比大型股票的平均价差宽两到三倍。</blockquote></p><p> The bull-bear spread for&nbsp;Microsoft&nbsp;(MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.</p><p><blockquote>例如，微软（MSFT）的牛熊价差约为每股 100 美元，约为该股近期 296.31 美元股价的 33%。</blockquote></p><p> The Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.</p><p><blockquote>特斯拉的争议在很大程度上可以归结为一场关于特斯拉是什么的辩论。看空者认为它是一家汽车公司，竞争将侵蚀其利润并减缓其增长。看涨者认为，特斯拉是一家平台科技公司，除了核心汽车业务外，还拥有固定电源等多项业务，特斯拉在自动驾驶和电池管理软件等领域领先于汽车同行，这将使公司在未来十年内实现高增长，同时保持领先的电动汽车市场份额。</blockquote></p><p> Johnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates&nbsp;General Motors&nbsp;(GM) and&nbsp;Ford Motor&nbsp;(F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.</p><p><blockquote>约翰逊则是一位传统的汽车分析师，负责研究 20 多家公司。他似乎属于前阵营。他将通用汽车 (GM) 和福特汽车 (F) 的股票评级为买入。这两只股票的市盈率为个位数。特斯拉的交易价格约为 2022 年预期收益的 100 倍。</blockquote></p><p> He raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.</p><p><blockquote>他提高了目标价，因为尽管认为该公司被高估，但在 10 月 20 日发布的第三季度财报中，情况看起来不错。</blockquote></p><p> For the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.</p><p><blockquote>华尔街预计第三季度销售额为 135 亿美元，每股收益约为 1.5 美元。该公司第二季度销售额为 120 亿美元，调整后每股收益为 1.45 美元。</blockquote></p><p> Tesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;are both down slightly over the same span.</p><p><blockquote>特斯拉股票一直表现强劲，这反映了良好的盈利状况。过去三个月股价上涨了约 21%。标普500和道琼斯工业平均指数在同一时期都略有下跌。</blockquote></p><p> Its stock rose 0.4% to $821.75 in premarket trading.</p><p><blockquote>其股价在盘前交易中上涨 0.4%，至 821.75 美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST\">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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128641889","content_text":"Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.\nAt $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than Toyota Motor’s (TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.\nTesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.\nThe bull-bear spread for Microsoft (MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.\nThe Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.\nJohnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates General Motors (GM) and Ford Motor (F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.\nHe raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.\nFor the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.\nTesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The S&P 500 and Dow Jones Industrial Average are both down slightly over the same span.\nIts stock rose 0.4% to $821.75 in premarket trading.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863250183,"gmtCreate":1632401145042,"gmtModify":1632800676545,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"It's normal","listText":"It's normal","text":"It's normal","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863250183","repostId":"1166930950","repostType":4,"repost":{"id":"1166930950","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":1632397714,"share":"https://www.laohunote.com/m/news/1166930950?lang=zh_CN&edition=full","pubTime":"2021-09-23 19:48","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1166930950","media":"Tiger Newspress","summary":"(Update: Sept 23, 2021 at 08:30 a.m. ET)\n\nU.S. weekly jobless claims total 351,000 topping 320,000 e","content":"<p><i><b>(Update: Sept 23, 2021 at 08:30 a.m. ET)</b></i></p><p><blockquote><i><b>（更新：美国东部时间 2021 年 9 月 23 日上午 08:30）</b></i></blockquote></p><p>   <b>U.S. weekly jobless claims total 351,000 topping 320,000 estimate.</b>  (Sept 23)&nbsp;Stock futures extended gains Thursday morning as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.</p><p><blockquote><b>美国每周申请失业救济人数总计 351,000 人，高于预期的 320,000 人。</b>（9月23日）周四上午，随着投资者考虑美联储关于货币政策的最新信号，这表明随着经济进一步改善，央行正在为近期政策调整做好准备。</blockquote></p><p> At 07:50 a.m. ET, Dow e-minis were up 200 points, or 0.59%, S&amp;P 500 e-minis gained 24.75 points, or 0.56%, and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 100 e-minis jumped 82.25&nbsp;points, or 0.54%.</p><p><blockquote>美国东部时间上午 07:50，道琼斯电子迷你指数上涨 200 点，涨幅 0.59%，标普500电子迷你指数上涨 24.75 点，涨幅 0.56%，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>100 E-mini 上涨 82.25 点，涨幅 0.54%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3fd2fbbbe6447512f50c10864b392c87\" tg-width=\"1242\" tg-height=\"507\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Weekly jobless claims dataare due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.</b></p><p><blockquote><b>每周申请失业救济人数数据将于美国东部时间上午 8:30 公布。接受《华尔街日报》调查的经济学家估计，截至 9 月 18 日当周，失业救济人数（代表裁员人数）从前一周的 332,000 人下降至 320,000 人。</b></blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b>1)&nbsp;<a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> </b>— The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.</p><p><blockquote><b>1) <a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>— 橄榄园母公司公布的每股收益为 1.76 美元，高于每股 1.64 美元的预测。该餐饮公司还报告称，同店销售额增长了 47.5%，超出了预期。股价在盘前交易中上涨 3%。</blockquote></p><p> <b>2)&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> — The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 7% premarket.</p><p><blockquote><b>2) <a href=\"https://laohu8.com/S/BB\">黑莓</a></b>— 该公司公布的季度收益好于预期，调整后毛利率为 65%。<a href=\"https://laohu8.com/S/BB\">黑莓</a>路孚特表示，每股亏损 6 美分，而预期每股亏损 7 美分。收入为 1.75 亿美元，高于预期的 1.64 亿美元。盘前股价上涨超过 7%。</blockquote></p><p> <b>3)&nbsp;<a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a> </b> — The software company raised its full-year 2022 revenue guidance to between $26.25 billion and $26.35 billion. This is higher than the company’s previous estimate of revenue between $26.2 billion and $26.3 billion. Analysts expected $26.31 billion. Shares rose 2% in premarket trading.</p><p><blockquote><b>3) <a href=\"https://laohu8.com/S/CRM\">销售力量网站</a></b>— 该软件公司将 2022 年全年收入指引上调至 262.5 亿美元至 263.5 亿美元之间。这高于该公司之前预计的 262 亿至 263 亿美元的收入。分析师预计为 263.1 亿美元。股价在盘前交易中上涨 2%。</blockquote></p><p> <b>4)&nbsp;<a href=\"https://laohu8.com/S/KBH\">KB Home</a></b> — Shares of the homebuilder rose in premarket trading despite missing top and bottom-line estimates. KB <a href=\"https://laohu8.com/S/HBCP\">Home</a> reported quarterly earnings of $1.60 on revenue of $1.47 billion. Wall Street expected earnings of $1.62 per share on revenue of $1.57 billion, according to Refinitiv.</p><p><blockquote><b>4) <a href=\"https://laohu8.com/S/KBH\">KB主页</a></b>— 尽管未达到营收和利润预期，但该住宅建筑商的股价在盘前交易中上涨。知识库<a href=\"https://laohu8.com/S/HBCP\">家</a>报告季度收益为 1.60 美元，营收为 14.7 亿美元。据路孚特称，华尔街预计每股收益为 1.62 美元，营收为 15.7 亿美元。</blockquote></p><p> <b>5)&nbsp;<a href=\"https://laohu8.com/S/JOBY\">Joby Aviation, Inc.</a> </b>— <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> initiated coverage of the air taxi start-up with an overweight rating, saying in a note to clients on Thursday that investors should take a look at a stock with major potential upside. Shares of Joby Aviation popped more than 5% in extended trading.</p><p><blockquote><b>5) <a href=\"https://laohu8.com/S/JOBY\">乔比航空公司。</a></b>—<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>开始对这家空中出租车初创公司进行跑赢大盘评级的报道，并在周四给客户的一份报告中表示，投资者应该关注一只具有巨大潜在上涨空间的股票。Joby Aviation 的股价在盘后交易中上涨超过 5%。</blockquote></p><p> <b>6)&nbsp;<a href=\"https://laohu8.com/S/BIIB\">Biogen</a></b> — The drugmaker’s stock rose in premarket trading after Needham&nbsp;initiated coverageof the stock with a buy rating, saying in a note to clients on Wednesday that the company’s&nbsp;controversial Alzheimer’s drug Aduhelm&nbsp;will be a big seller for the company long term.</p><p><blockquote><b>6) <a href=\"https://laohu8.com/S/BIIB\">百健</a></b>- Needham 在周三给客户的一份报告中表示，该公司备受争议的阿尔茨海默氏症药物 Aduhelm 将成为公司的长期大卖家，随后该制药商的股价在盘前交易中上涨。</blockquote></p><p> <b>7)&nbsp;<a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> </b> — Shares of the streaming company rose 2% in premarket trading after Guggenheim upgraded the stocks to buy from neutral. The Wall Street firm assigned Roku a 12-month price target of $395, implying a 22% <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year return.</p><p><blockquote><b>7) <a href=\"https://laohu8.com/S/ROKU\">Roku公司</a></b>— 古根海姆将流媒体公司的股票评级从中性上调至买入后，该流媒体公司的股价在盘前交易中上涨了 2%。这家华尔街公司将Roku的 12 个月目标价定为 395 美元，这意味着上涨 22%<a href=\"https://laohu8.com/S/AONE.U\">一</a>-年回报。</blockquote></p><p> <b>8)&nbsp;<a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a></b>— Shares of the fintech company rose in premarket trading after gaining 11% during the regular session on Wednesday. Sofi is the 6th most-mentioned stock on Reddit’s WallStreetBets, according to quiver quant.</p><p><blockquote><b>8) <a href=\"https://laohu8.com/S/SOFI\">索菲技术公司。</a></b>— 这家金融科技公司的股价在周三常规交易中上涨 11% 后，在盘前交易中上涨。根据 quiver quant 的数据，Sofi 是 Reddit 华尔街投注中被提及次数第六多的股票。</blockquote></p><p> <b>9)&nbsp;<a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> — Accenture shares rose in extended trading after reporting better-than-expected earnings. The company also increased its dividend and buyback authorization.</p><p><blockquote><b>9) <a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>— 埃森哲公布好于预期的收益后，股价在盘后交易中上涨。该公司还增加了股息和回购授权。</blockquote></p><p> <b>In rates, </b>Treasuries were off session lows, with the 10Y trading a 1.34%, but remained under pressure in early U.S. session led by intermediate sectors,&nbsp;<b>where 5Y yield touched highest since July 2. Wednesday’s dramatic yield-curve flattening move unleashed by Fed communications continued, compressing 5s30s spread to 93.8bp, lowest since May 2020.</b>UK 10-year yield climbed 3.4bp to session high 0.833% following BOE rate decision (7-2 vote to keep bond-buying target unchanged); bunds outperformed slightly. Peripheral spreads tighten with long-end Italy outperforming.</p><p><blockquote><b>在费率上，</b>美国国债盘后低点，10 年期国债交易价格为 1.34%，但在中间板块的带领下，美国早盘仍面临压力，<b>5年期国债收益率触及7月2日以来最高水平。周三美联储公告引发的收益率曲线大幅走平仍在继续，将5S30利差压缩至93.8个基点，为2020年5月以来的最低水平。</b>英国央行利率决定后，英国10年期国债收益率攀升3.4个基点，至0.833%的盘中高点（7票对2票维持债券购买目标不变）；外债略微跑赢大盘。随着意大利长端表现优异，外围利差收紧。</blockquote></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index reversed an earlier gain and dropped 0.3% as the dollar weakened against all of its Group-of-10 peers apart from the yen amid a more positive sentiment. CAD, NOK and SEK are the strongest performers in G-10, JPY the laggard.</p><p><blockquote><b>在外汇中，</b>彭博美元现货指数扭转早些时候的涨势，下跌 0.3%，原因是由于市场情绪更加积极，美元兑除日元外的所有 10 国集团货币走弱。加元、挪威克朗和瑞典克朗是G-10中表现最强的，日元表现落后。</blockquote></p><p></p><p> The euro and the pound briefly pared gains after weaker-than-forecast German and British PMIs. The pound rebounded from an eight-month low amid a return of global risk appetite as investors assessed whether the Bank of England will follow the Federal Reserve’s hawkish tone later Thursday. The yield differential between 10-year German and Italian debt narrowed to its tightest since April. Norway’s krone advanced after Norges Bank raised its policy rate in line with expectations and signaled a faster pace of tightening over the coming years. The franc whipsawed as the Swiss National Bank kept its policy rate and deposit rate at record lows, as expected, and reiterated its pledge to wage currency market interventions. The yen fell as a unit of China Evergrande said it had reached an agreement with bond holders over an interest payment, reducing demand for haven assets. Turkey’s lira slumped toa record low against the dollar after the central bank unexpectedly cut interest rates.</p><p><blockquote>在德国和英国采购经理人指数弱于预期后，欧元和英镑短暂回吐涨幅。由于投资者在周四晚些时候评估英国央行是否会追随美联储的鹰派基调，全球风险偏好回归，英镑从八个月低点反弹。德国和意大利10年期国债收益率差收窄至4月份以来最窄。挪威央行（Norges Bank）按照预期提高了政策利率，并暗示未来几年将加快紧缩步伐，挪威克朗随之上涨。正如预期的那样，瑞士央行将政策利率和存款利率维持在历史低位，并重申其对货币市场干预的承诺，法郎大幅下跌。由于中国恒大旗下子公司表示已与债券持有人就利息支付达成协议，减少了对避险资产的需求，日元下跌。土耳其央行意外降息后，里拉兑美元汇率跌至历史新低。</blockquote></p><p> <b>In commodities, </b>crude futures drifted lower after a rangebound Asia session. WTI was 0.25% lower, trading near $72; Brent dips into the red, so far holding above $76. Spot gold adds $3.5, gentle reversing Asia’s losses to trade near $1,771/oz. Base metals are well bid with LME aluminum leading gains. Bitcoin steadied just below $44,000.</p><p><blockquote><b>在大宗商品方面，</b>亚洲时段震荡后，原油期货走低。WTI下跌0.25%，交易价格接近72美元；布伦特原油下跌，迄今为止维持在 76 美元以上。现货黄金上涨 3.5 美元，小幅扭转亚洲跌势，交易价格接近 1,771 美元/盎司。基本金属价格强劲，伦敦金属交易所铝业领涨。比特币稳定在 44,000 美元以下。</blockquote></p><p> Looking at the day ahead, we get the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties.</p><p><blockquote>展望未来，我们将获得每周初请失业金人数、芝加哥联储 8 月份全国活动指数和堪萨斯城联储 9 月份制造业活动指数。在各国央行方面，英格兰银行将做出货币政策决定，欧洲央行将发布经济公报，欧洲央行行长埃尔德森也将发表讲话。在新兴市场，土耳其中央银行和南非储备银行也将做出货币政策决定。最后，在德国，联邦议院各党派的主要候选人将进行选举辩论。</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>Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</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\">\nToplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</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\">2021-09-23 19:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><i><b>(Update: Sept 23, 2021 at 08:30 a.m. ET)</b></i></p><p><blockquote><i><b>（更新：美国东部时间 2021 年 9 月 23 日上午 08:30）</b></i></blockquote></p><p>   <b>U.S. weekly jobless claims total 351,000 topping 320,000 estimate.</b>  (Sept 23)&nbsp;Stock futures extended gains Thursday morning as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.</p><p><blockquote><b>美国每周申请失业救济人数总计 351,000 人，高于预期的 320,000 人。</b>（9月23日）周四上午，随着投资者考虑美联储关于货币政策的最新信号，这表明随着经济进一步改善，央行正在为近期政策调整做好准备。</blockquote></p><p> At 07:50 a.m. ET, Dow e-minis were up 200 points, or 0.59%, S&amp;P 500 e-minis gained 24.75 points, or 0.56%, and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 100 e-minis jumped 82.25&nbsp;points, or 0.54%.</p><p><blockquote>美国东部时间上午 07:50，道琼斯电子迷你指数上涨 200 点，涨幅 0.59%，标普500电子迷你指数上涨 24.75 点，涨幅 0.56%，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>100 E-mini 上涨 82.25 点，涨幅 0.54%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3fd2fbbbe6447512f50c10864b392c87\" tg-width=\"1242\" tg-height=\"507\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Weekly jobless claims dataare due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.</b></p><p><blockquote><b>每周申请失业救济人数数据将于美国东部时间上午 8:30 公布。接受《华尔街日报》调查的经济学家估计，截至 9 月 18 日当周，失业救济人数（代表裁员人数）从前一周的 332,000 人下降至 320,000 人。</b></blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b>1)&nbsp;<a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> </b>— The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.</p><p><blockquote><b>1) <a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>— 橄榄园母公司公布的每股收益为 1.76 美元，高于每股 1.64 美元的预测。该餐饮公司还报告称，同店销售额增长了 47.5%，超出了预期。股价在盘前交易中上涨 3%。</blockquote></p><p> <b>2)&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> — The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 7% premarket.</p><p><blockquote><b>2) <a href=\"https://laohu8.com/S/BB\">黑莓</a></b>— 该公司公布的季度收益好于预期，调整后毛利率为 65%。<a href=\"https://laohu8.com/S/BB\">黑莓</a>路孚特表示，每股亏损 6 美分，而预期每股亏损 7 美分。收入为 1.75 亿美元，高于预期的 1.64 亿美元。盘前股价上涨超过 7%。</blockquote></p><p> <b>3)&nbsp;<a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a> </b> — The software company raised its full-year 2022 revenue guidance to between $26.25 billion and $26.35 billion. This is higher than the company’s previous estimate of revenue between $26.2 billion and $26.3 billion. Analysts expected $26.31 billion. Shares rose 2% in premarket trading.</p><p><blockquote><b>3) <a href=\"https://laohu8.com/S/CRM\">销售力量网站</a></b>— 该软件公司将 2022 年全年收入指引上调至 262.5 亿美元至 263.5 亿美元之间。这高于该公司之前预计的 262 亿至 263 亿美元的收入。分析师预计为 263.1 亿美元。股价在盘前交易中上涨 2%。</blockquote></p><p> <b>4)&nbsp;<a href=\"https://laohu8.com/S/KBH\">KB Home</a></b> — Shares of the homebuilder rose in premarket trading despite missing top and bottom-line estimates. KB <a href=\"https://laohu8.com/S/HBCP\">Home</a> reported quarterly earnings of $1.60 on revenue of $1.47 billion. Wall Street expected earnings of $1.62 per share on revenue of $1.57 billion, according to Refinitiv.</p><p><blockquote><b>4) <a href=\"https://laohu8.com/S/KBH\">KB主页</a></b>— 尽管未达到营收和利润预期，但该住宅建筑商的股价在盘前交易中上涨。知识库<a href=\"https://laohu8.com/S/HBCP\">家</a>报告季度收益为 1.60 美元，营收为 14.7 亿美元。据路孚特称，华尔街预计每股收益为 1.62 美元，营收为 15.7 亿美元。</blockquote></p><p> <b>5)&nbsp;<a href=\"https://laohu8.com/S/JOBY\">Joby Aviation, Inc.</a> </b>— <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> initiated coverage of the air taxi start-up with an overweight rating, saying in a note to clients on Thursday that investors should take a look at a stock with major potential upside. Shares of Joby Aviation popped more than 5% in extended trading.</p><p><blockquote><b>5) <a href=\"https://laohu8.com/S/JOBY\">乔比航空公司。</a></b>—<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>开始对这家空中出租车初创公司进行跑赢大盘评级的报道，并在周四给客户的一份报告中表示，投资者应该关注一只具有巨大潜在上涨空间的股票。Joby Aviation 的股价在盘后交易中上涨超过 5%。</blockquote></p><p> <b>6)&nbsp;<a href=\"https://laohu8.com/S/BIIB\">Biogen</a></b> — The drugmaker’s stock rose in premarket trading after Needham&nbsp;initiated coverageof the stock with a buy rating, saying in a note to clients on Wednesday that the company’s&nbsp;controversial Alzheimer’s drug Aduhelm&nbsp;will be a big seller for the company long term.</p><p><blockquote><b>6) <a href=\"https://laohu8.com/S/BIIB\">百健</a></b>- Needham 在周三给客户的一份报告中表示，该公司备受争议的阿尔茨海默氏症药物 Aduhelm 将成为公司的长期大卖家，随后该制药商的股价在盘前交易中上涨。</blockquote></p><p> <b>7)&nbsp;<a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> </b> — Shares of the streaming company rose 2% in premarket trading after Guggenheim upgraded the stocks to buy from neutral. The Wall Street firm assigned Roku a 12-month price target of $395, implying a 22% <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year return.</p><p><blockquote><b>7) <a href=\"https://laohu8.com/S/ROKU\">Roku公司</a></b>— 古根海姆将流媒体公司的股票评级从中性上调至买入后，该流媒体公司的股价在盘前交易中上涨了 2%。这家华尔街公司将Roku的 12 个月目标价定为 395 美元，这意味着上涨 22%<a href=\"https://laohu8.com/S/AONE.U\">一</a>-年回报。</blockquote></p><p> <b>8)&nbsp;<a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a></b>— Shares of the fintech company rose in premarket trading after gaining 11% during the regular session on Wednesday. Sofi is the 6th most-mentioned stock on Reddit’s WallStreetBets, according to quiver quant.</p><p><blockquote><b>8) <a href=\"https://laohu8.com/S/SOFI\">索菲技术公司。</a></b>— 这家金融科技公司的股价在周三常规交易中上涨 11% 后，在盘前交易中上涨。根据 quiver quant 的数据，Sofi 是 Reddit 华尔街投注中被提及次数第六多的股票。</blockquote></p><p> <b>9)&nbsp;<a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> — Accenture shares rose in extended trading after reporting better-than-expected earnings. The company also increased its dividend and buyback authorization.</p><p><blockquote><b>9) <a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>— 埃森哲公布好于预期的收益后，股价在盘后交易中上涨。该公司还增加了股息和回购授权。</blockquote></p><p> <b>In rates, </b>Treasuries were off session lows, with the 10Y trading a 1.34%, but remained under pressure in early U.S. session led by intermediate sectors,&nbsp;<b>where 5Y yield touched highest since July 2. Wednesday’s dramatic yield-curve flattening move unleashed by Fed communications continued, compressing 5s30s spread to 93.8bp, lowest since May 2020.</b>UK 10-year yield climbed 3.4bp to session high 0.833% following BOE rate decision (7-2 vote to keep bond-buying target unchanged); bunds outperformed slightly. Peripheral spreads tighten with long-end Italy outperforming.</p><p><blockquote><b>在费率上，</b>美国国债盘后低点，10 年期国债交易价格为 1.34%，但在中间板块的带领下，美国早盘仍面临压力，<b>5年期国债收益率触及7月2日以来最高水平。周三美联储公告引发的收益率曲线大幅走平仍在继续，将5S30利差压缩至93.8个基点，为2020年5月以来的最低水平。</b>英国央行利率决定后，英国10年期国债收益率攀升3.4个基点，至0.833%的盘中高点（7票对2票维持债券购买目标不变）；外债略微跑赢大盘。随着意大利长端表现优异，外围利差收紧。</blockquote></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index reversed an earlier gain and dropped 0.3% as the dollar weakened against all of its Group-of-10 peers apart from the yen amid a more positive sentiment. CAD, NOK and SEK are the strongest performers in G-10, JPY the laggard.</p><p><blockquote><b>在外汇中，</b>彭博美元现货指数扭转早些时候的涨势，下跌 0.3%，原因是由于市场情绪更加积极，美元兑除日元外的所有 10 国集团货币走弱。加元、挪威克朗和瑞典克朗是G-10中表现最强的，日元表现落后。</blockquote></p><p></p><p> The euro and the pound briefly pared gains after weaker-than-forecast German and British PMIs. The pound rebounded from an eight-month low amid a return of global risk appetite as investors assessed whether the Bank of England will follow the Federal Reserve’s hawkish tone later Thursday. The yield differential between 10-year German and Italian debt narrowed to its tightest since April. Norway’s krone advanced after Norges Bank raised its policy rate in line with expectations and signaled a faster pace of tightening over the coming years. The franc whipsawed as the Swiss National Bank kept its policy rate and deposit rate at record lows, as expected, and reiterated its pledge to wage currency market interventions. The yen fell as a unit of China Evergrande said it had reached an agreement with bond holders over an interest payment, reducing demand for haven assets. Turkey’s lira slumped toa record low against the dollar after the central bank unexpectedly cut interest rates.</p><p><blockquote>在德国和英国采购经理人指数弱于预期后，欧元和英镑短暂回吐涨幅。由于投资者在周四晚些时候评估英国央行是否会追随美联储的鹰派基调，全球风险偏好回归，英镑从八个月低点反弹。德国和意大利10年期国债收益率差收窄至4月份以来最窄。挪威央行（Norges Bank）按照预期提高了政策利率，并暗示未来几年将加快紧缩步伐，挪威克朗随之上涨。正如预期的那样，瑞士央行将政策利率和存款利率维持在历史低位，并重申其对货币市场干预的承诺，法郎大幅下跌。由于中国恒大旗下子公司表示已与债券持有人就利息支付达成协议，减少了对避险资产的需求，日元下跌。土耳其央行意外降息后，里拉兑美元汇率跌至历史新低。</blockquote></p><p> <b>In commodities, </b>crude futures drifted lower after a rangebound Asia session. WTI was 0.25% lower, trading near $72; Brent dips into the red, so far holding above $76. Spot gold adds $3.5, gentle reversing Asia’s losses to trade near $1,771/oz. Base metals are well bid with LME aluminum leading gains. Bitcoin steadied just below $44,000.</p><p><blockquote><b>在大宗商品方面，</b>亚洲时段震荡后，原油期货走低。WTI下跌0.25%，交易价格接近72美元；布伦特原油下跌，迄今为止维持在 76 美元以上。现货黄金上涨 3.5 美元，小幅扭转亚洲跌势，交易价格接近 1,771 美元/盎司。基本金属价格强劲，伦敦金属交易所铝业领涨。比特币稳定在 44,000 美元以下。</blockquote></p><p> Looking at the day ahead, we get the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties.</p><p><blockquote>展望未来，我们将获得每周初请失业金人数、芝加哥联储 8 月份全国活动指数和堪萨斯城联储 9 月份制造业活动指数。在各国央行方面，英格兰银行将做出货币政策决定，欧洲央行将发布经济公报，欧洲央行行长埃尔德森也将发表讲话。在新兴市场，土耳其中央银行和南非储备银行也将做出货币政策决定。最后，在德国，联邦议院各党派的主要候选人将进行选举辩论。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166930950","content_text":"(Update: Sept 23, 2021 at 08:30 a.m. ET)\n\nU.S. weekly jobless claims total 351,000 topping 320,000 estimate.\n\n(Sept 23) Stock futures extended gains Thursday morning as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.\nAt 07:50 a.m. ET, Dow e-minis were up 200 points, or 0.59%, S&P 500 e-minis gained 24.75 points, or 0.56%, and Nasdaq 100 e-minis jumped 82.25 points, or 0.54%.\n\nWeekly jobless claims dataare due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.\nStocks making the biggest moves premarket:\n1) Darden Restaurants — The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.\n2) BlackBerry — The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. BlackBerry reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 7% premarket.\n3) Salesforce.com  — The software company raised its full-year 2022 revenue guidance to between $26.25 billion and $26.35 billion. This is higher than the company’s previous estimate of revenue between $26.2 billion and $26.3 billion. Analysts expected $26.31 billion. Shares rose 2% in premarket trading.\n4) KB Home — Shares of the homebuilder rose in premarket trading despite missing top and bottom-line estimates. KB Home reported quarterly earnings of $1.60 on revenue of $1.47 billion. Wall Street expected earnings of $1.62 per share on revenue of $1.57 billion, according to Refinitiv.\n5) Joby Aviation, Inc. — Morgan Stanley initiated coverage of the air taxi start-up with an overweight rating, saying in a note to clients on Thursday that investors should take a look at a stock with major potential upside. Shares of Joby Aviation popped more than 5% in extended trading.\n6) Biogen — The drugmaker’s stock rose in premarket trading after Needham initiated coverageof the stock with a buy rating, saying in a note to clients on Wednesday that the company’s controversial Alzheimer’s drug Aduhelm will be a big seller for the company long term.\n7) Roku Inc  — Shares of the streaming company rose 2% in premarket trading after Guggenheim upgraded the stocks to buy from neutral. The Wall Street firm assigned Roku a 12-month price target of $395, implying a 22% one-year return.\n8) SoFi Technologies Inc.— Shares of the fintech company rose in premarket trading after gaining 11% during the regular session on Wednesday. Sofi is the 6th most-mentioned stock on Reddit’s WallStreetBets, according to quiver quant.\n9) Accenture PLC — Accenture shares rose in extended trading after reporting better-than-expected earnings. The company also increased its dividend and buyback authorization.\nIn rates, Treasuries were off session lows, with the 10Y trading a 1.34%, but remained under pressure in early U.S. session led by intermediate sectors, where 5Y yield touched highest since July 2. Wednesday’s dramatic yield-curve flattening move unleashed by Fed communications continued, compressing 5s30s spread to 93.8bp, lowest since May 2020.UK 10-year yield climbed 3.4bp to session high 0.833% following BOE rate decision (7-2 vote to keep bond-buying target unchanged); bunds outperformed slightly. Peripheral spreads tighten with long-end Italy outperforming.\nIn FX, the Bloomberg Dollar Spot Index reversed an earlier gain and dropped 0.3% as the dollar weakened against all of its Group-of-10 peers apart from the yen amid a more positive sentiment. CAD, NOK and SEK are the strongest performers in G-10, JPY the laggard.\nThe euro and the pound briefly pared gains after weaker-than-forecast German and British PMIs. The pound rebounded from an eight-month low amid a return of global risk appetite as investors assessed whether the Bank of England will follow the Federal Reserve’s hawkish tone later Thursday. The yield differential between 10-year German and Italian debt narrowed to its tightest since April. Norway’s krone advanced after Norges Bank raised its policy rate in line with expectations and signaled a faster pace of tightening over the coming years. The franc whipsawed as the Swiss National Bank kept its policy rate and deposit rate at record lows, as expected, and reiterated its pledge to wage currency market interventions. The yen fell as a unit of China Evergrande said it had reached an agreement with bond holders over an interest payment, reducing demand for haven assets. Turkey’s lira slumped toa record low against the dollar after the central bank unexpectedly cut interest rates.\nIn commodities, crude futures drifted lower after a rangebound Asia session. WTI was 0.25% lower, trading near $72; Brent dips into the red, so far holding above $76. Spot gold adds $3.5, gentle reversing Asia’s losses to trade near $1,771/oz. Base metals are well bid with LME aluminum leading gains. Bitcoin steadied just below $44,000.\nLooking at the day ahead, we get the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":698479277,"gmtCreate":1640515956964,"gmtModify":1640515957254,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Apple share is quote stable&nbsp;","listText":"Apple share is quote stable&nbsp;","text":"Apple share is quote stable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698479277","repostId":"2193781141","repostType":4,"isVote":1,"tweetType":1,"viewCount":4742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690685331,"gmtCreate":1639664135215,"gmtModify":1639664170817,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690685331","repostId":"1142996286","repostType":4,"repost":{"id":"1142996286","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":1639659703,"share":"https://www.laohunote.com/m/news/1142996286?lang=zh_CN&edition=full","pubTime":"2021-12-16 21:01","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142996286","media":"Tiger Newspress","summary":"U.S. stock-index futures advanced Thursday morning after the market staged a U-turn the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.$Delta Air Lines$ – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-","content":"<p>U.S.&nbsp;stock-index futures advanced Thursday morning after&nbsp;the market staged a U-turn&nbsp;the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.</p><p><blockquote>美国股指期货周四上午上涨，此前市场在前一个交易日出现180度大转弯，对美联储加快缩减规模步伐并暂时维持利率不变的决定表示欢迎。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 204 points, or 0.57%, S&amp;P 500 e-minis were up 31.25 points, or 0.66%, and Nasdaq 100 e-minis were up 115.25 points, or 0.71%.<img src=\"https://static.tigerbbs.com/6e8a71c62338c2a045263d40bb9c86e4\" tg-width=\"1080\" tg-height=\"368\" width=\"100%\" height=\"auto\">With the Fed giving markets a breather Wednesday, traders will turn their Thursday to&nbsp;fresh Labor Department data on initial weekly jobless claims. First-time unemployment filings are expected to reflect a slight increase after&nbsp;last’s 52-week low.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 204 点，涨幅 0.57%，标普500电子迷你指数上涨 31.25 点，涨幅 0.66%，纳斯达克 100 电子迷你指数上涨 115.25 点，涨幅 0.71%。随着美联储周三给市场一个喘息的机会，交易员将把周四的注意力转向劳工部关于每周初请失业金人数的最新数据。首次申请失业救济人数预计将在去年创下 52 周低点后略有增加。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a></b> – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-pandemic profit levels.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DAL\">达美航空</a></b>– 达美航空预计第四季度利润为 2 亿美元，盘前股价上涨 2.3%。普遍预测达美航空将出现季度亏损，但该航空公司表示，假日需求强劲，并且有望超过大流行前的利润水平。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> – The consulting firm’s shares surged 6.7% in the premarket after it reported better-than-expected profit and revenue for its latest quarter, and raised its earnings guidance for fiscal 2022. Revenue rose by more than 20% across the four biggest industry groups in Accenture’s customer base.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>- 这家咨询公司公布最新一个季度的利润和收入好于预期，并上调了 2022 财年的盈利指引，其股价在盘前大涨 6.7%。埃森哲客户群中四大行业集团的收入增长了 20% 以上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b> – The drugmaker’s shares declined 1% in premarket trading after it said its antibody cocktail loses potency against the omicron Covid-19 variant. Regeneron did say that the cocktail is effective against the delta variant.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>- 该制药商称其抗体鸡尾酒对奥密克戎 Covid-19 变种失去效力后，其股价在盘前交易中下跌了 1%。再生元确实说过这种鸡尾酒对德尔塔变异毒株有效。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/LEN\">Lennar</a></b> – Lennar reported quarterly earnings of $3.91 per share, below the $4.15 consensus estimate, and the homebuilder’s revenue also fell short of forecasts. Lennar was hurt by higher lumber costs as well as increased labor costs and shortages of raw materials, resulting in delayed home deliveries. Lennar tumbled 6.3% in premarket action.</p><p><blockquote><b><a href=\"https://laohu8.com/S/LEN\">伦纳</a></b>- Lennar 公布的季度收益为每股 3.91 美元，低于市场普遍预期的 4.15 美元，该住宅建筑商的收入也低于预期。Lennar 受到木材成本上升、劳动力成本增加和原材料短缺的影响，导致送货上门延迟。Lennar 在盘前交易中暴跌 6.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVS\">Novartis AG</a></b> – Novartis launched a new share buyback program worth up to $15 billion, with the drug maker planning to complete those repurchases by the end of 2023. Shares jumped 4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVS\">诺华公司</a></b>– 诺华启动了一项价值高达 150 亿美元的新股票回购计划，该制药商计划在 2023 年底前完成这些回购。股价在盘前交易中上涨 4%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/V\">Visa</a>&nbsp;</b>– <a href=\"https://laohu8.com/S/V\">Visa</a> rose 1.1% in the premarket after announcing that it added $12 billion to its share buyback program, bringing the total amount of its repurchase authority to $13.2 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/V\">签证</a> </b>–<a href=\"https://laohu8.com/S/V\">签证</a>在宣布向股票回购计划增加 120 亿美元后，盘前上涨 1.1%，使其回购授权总额达到 132 亿美元。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SJM\">Smucker's</a> </b>– Smucker struck a deal to sell its natural beverage and grains businesses to private equity firm Nexus Capital Management for $110 million, with the food producer saying it wanted to focus more resources on its core brands.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SJM\">斯穆克的</a></b>– Smucker 达成协议，以 1.1 亿美元的价格将其天然饮料和谷物业务出售给私募股权公司 Nexus Capital Management，这家食品生产商表示希望将更多资源集中在其核心品牌上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> </b>– <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> was added to the “conviction buy” list at Goldman Sachs, which points to the company’s pending launch of a new surgical system. Shares added 1.2% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ISRG\">直观手术</a></b>–<a href=\"https://laohu8.com/S/ISRG\">直观手术</a>被列入高盛的 “信念买入 ”名单，这表明该公司即将推出一种新的手术系统。盘前股价上涨 1.2%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/T\">AT&amp;T Inc</a> </b>– Morgan Stanley upgraded AT&amp;T to “overweight” from “equal-weight,” saying a recent slide by the stock creates an attractive risk-reward profile. The firm said there are several other key factors driving the upgrade, including the pending completion of the WarnerMedia/Discoverymerger. AT&amp;T gained 1.5% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/T\">美国电话电报公司</a></b>- 摩根士丹利将美国电话电报公司的评级从 “同等权重 ”上调至 “跑赢大盘”，称该股最近的下滑创造了一个有吸引力的风险回报状况。该公司表示，还有其他几个关键因素推动了升级，包括华纳媒体/探索频道合并即将完成。AT&amp;T 在盘前交易中上涨 1.5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> </b>– The pet products seller’s stock added 1.9% in the premarket after Needham began coverage with a “buy” rating. The firm feels Petco should outperform competitors in the pet category, given its presence in multiple channels including veterinary hospitals.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WOOF\">佩特科健康和保健公司。</a></b>- 在 Needham 开始给予 “买入 ”评级后，这家宠物用品销售商的股价在盘前上涨了 1.9%。该公司认为，鉴于 Petco 在包括兽医院在内的多个渠道都有业务，Petco 的表现应该优于宠物类别的竞争对手。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> </b>– The e-commerce platform operator rallied 2.9% in premarket trading after Evercore upgraded it to “outperform” from “in line.” Evercore noted that the stock is about 20% below its year highs and that the company represents a high-quality asset in terms of growth opportunities.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SHOP\">商店</a></b>- 在 Evercore 将该电子商务平台运营商的评级从 “符合预期 ”上调至 “跑赢大盘”后，该运营商在盘前交易中上涨了 2.9%。Evercore 指出，该股比年内高点低约 20%，就增长机会而言，该公司代表了优质资产。</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>Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</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; 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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\">\nToplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</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\">2021-12-16 21:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S.&nbsp;stock-index futures advanced Thursday morning after&nbsp;the market staged a U-turn&nbsp;the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.</p><p><blockquote>美国股指期货周四上午上涨，此前市场在前一个交易日出现180度大转弯，对美联储加快缩减规模步伐并暂时维持利率不变的决定表示欢迎。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 204 points, or 0.57%, S&amp;P 500 e-minis were up 31.25 points, or 0.66%, and Nasdaq 100 e-minis were up 115.25 points, or 0.71%.<img src=\"https://static.tigerbbs.com/6e8a71c62338c2a045263d40bb9c86e4\" tg-width=\"1080\" tg-height=\"368\" width=\"100%\" height=\"auto\">With the Fed giving markets a breather Wednesday, traders will turn their Thursday to&nbsp;fresh Labor Department data on initial weekly jobless claims. First-time unemployment filings are expected to reflect a slight increase after&nbsp;last’s 52-week low.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 204 点，涨幅 0.57%，标普500电子迷你指数上涨 31.25 点，涨幅 0.66%，纳斯达克 100 电子迷你指数上涨 115.25 点，涨幅 0.71%。随着美联储周三给市场一个喘息的机会，交易员将把周四的注意力转向劳工部关于每周初请失业金人数的最新数据。首次申请失业救济人数预计将在去年创下 52 周低点后略有增加。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a></b> – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-pandemic profit levels.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DAL\">达美航空</a></b>– 达美航空预计第四季度利润为 2 亿美元，盘前股价上涨 2.3%。普遍预测达美航空将出现季度亏损，但该航空公司表示，假日需求强劲，并且有望超过大流行前的利润水平。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> – The consulting firm’s shares surged 6.7% in the premarket after it reported better-than-expected profit and revenue for its latest quarter, and raised its earnings guidance for fiscal 2022. Revenue rose by more than 20% across the four biggest industry groups in Accenture’s customer base.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>- 这家咨询公司公布最新一个季度的利润和收入好于预期，并上调了 2022 财年的盈利指引，其股价在盘前大涨 6.7%。埃森哲客户群中四大行业集团的收入增长了 20% 以上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b> – The drugmaker’s shares declined 1% in premarket trading after it said its antibody cocktail loses potency against the omicron Covid-19 variant. Regeneron did say that the cocktail is effective against the delta variant.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>- 该制药商称其抗体鸡尾酒对奥密克戎 Covid-19 变种失去效力后，其股价在盘前交易中下跌了 1%。再生元确实说过这种鸡尾酒对德尔塔变异毒株有效。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/LEN\">Lennar</a></b> – Lennar reported quarterly earnings of $3.91 per share, below the $4.15 consensus estimate, and the homebuilder’s revenue also fell short of forecasts. Lennar was hurt by higher lumber costs as well as increased labor costs and shortages of raw materials, resulting in delayed home deliveries. Lennar tumbled 6.3% in premarket action.</p><p><blockquote><b><a href=\"https://laohu8.com/S/LEN\">伦纳</a></b>- Lennar 公布的季度收益为每股 3.91 美元，低于市场普遍预期的 4.15 美元，该住宅建筑商的收入也低于预期。Lennar 受到木材成本上升、劳动力成本增加和原材料短缺的影响，导致送货上门延迟。Lennar 在盘前交易中暴跌 6.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVS\">Novartis AG</a></b> – Novartis launched a new share buyback program worth up to $15 billion, with the drug maker planning to complete those repurchases by the end of 2023. Shares jumped 4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVS\">诺华公司</a></b>– 诺华启动了一项价值高达 150 亿美元的新股票回购计划，该制药商计划在 2023 年底前完成这些回购。股价在盘前交易中上涨 4%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/V\">Visa</a>&nbsp;</b>– <a href=\"https://laohu8.com/S/V\">Visa</a> rose 1.1% in the premarket after announcing that it added $12 billion to its share buyback program, bringing the total amount of its repurchase authority to $13.2 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/V\">签证</a> </b>–<a href=\"https://laohu8.com/S/V\">签证</a>在宣布向股票回购计划增加 120 亿美元后，盘前上涨 1.1%，使其回购授权总额达到 132 亿美元。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SJM\">Smucker's</a> </b>– Smucker struck a deal to sell its natural beverage and grains businesses to private equity firm Nexus Capital Management for $110 million, with the food producer saying it wanted to focus more resources on its core brands.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SJM\">斯穆克的</a></b>– Smucker 达成协议，以 1.1 亿美元的价格将其天然饮料和谷物业务出售给私募股权公司 Nexus Capital Management，这家食品生产商表示希望将更多资源集中在其核心品牌上。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> </b>– <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> was added to the “conviction buy” list at Goldman Sachs, which points to the company’s pending launch of a new surgical system. Shares added 1.2% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ISRG\">直观手术</a></b>–<a href=\"https://laohu8.com/S/ISRG\">直观手术</a>被列入高盛的 “信念买入 ”名单，这表明该公司即将推出一种新的手术系统。盘前股价上涨 1.2%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/T\">AT&amp;T Inc</a> </b>– Morgan Stanley upgraded AT&amp;T to “overweight” from “equal-weight,” saying a recent slide by the stock creates an attractive risk-reward profile. The firm said there are several other key factors driving the upgrade, including the pending completion of the WarnerMedia/Discoverymerger. AT&amp;T gained 1.5% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/T\">美国电话电报公司</a></b>- 摩根士丹利将美国电话电报公司的评级从 “同等权重 ”上调至 “跑赢大盘”，称该股最近的下滑创造了一个有吸引力的风险回报状况。该公司表示，还有其他几个关键因素推动了升级，包括华纳媒体/探索频道合并即将完成。AT&amp;T 在盘前交易中上涨 1.5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> </b>– The pet products seller’s stock added 1.9% in the premarket after Needham began coverage with a “buy” rating. The firm feels Petco should outperform competitors in the pet category, given its presence in multiple channels including veterinary hospitals.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WOOF\">佩特科健康和保健公司。</a></b>- 在 Needham 开始给予 “买入 ”评级后，这家宠物用品销售商的股价在盘前上涨了 1.9%。该公司认为，鉴于 Petco 在包括兽医院在内的多个渠道都有业务，Petco 的表现应该优于宠物类别的竞争对手。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> </b>– The e-commerce platform operator rallied 2.9% in premarket trading after Evercore upgraded it to “outperform” from “in line.” Evercore noted that the stock is about 20% below its year highs and that the company represents a high-quality asset in terms of growth opportunities.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SHOP\">商店</a></b>- 在 Evercore 将该电子商务平台运营商的评级从 “符合预期 ”上调至 “跑赢大盘”后，该运营商在盘前交易中上涨了 2.9%。Evercore 指出，该股比年内高点低约 20%，就增长机会而言，该公司代表了优质资产。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142996286","content_text":"U.S. stock-index futures advanced Thursday morning after the market staged a U-turn the previous trading session, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.\nAt 8:00 a.m. ET, Dow e-minis were up 204 points, or 0.57%, S&P 500 e-minis were up 31.25 points, or 0.66%, and Nasdaq 100 e-minis were up 115.25 points, or 0.71%.With the Fed giving markets a breather Wednesday, traders will turn their Thursday to fresh Labor Department data on initial weekly jobless claims. First-time unemployment filings are expected to reflect a slight increase after last’s 52-week low.\nStocks making the biggest moves premarket: \nDelta Air Lines – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand and it is on the path toward exceeding pre-pandemic profit levels.\nAccenture PLC – The consulting firm’s shares surged 6.7% in the premarket after it reported better-than-expected profit and revenue for its latest quarter, and raised its earnings guidance for fiscal 2022. Revenue rose by more than 20% across the four biggest industry groups in Accenture’s customer base.\nRegeneron Pharmaceuticals – The drugmaker’s shares declined 1% in premarket trading after it said its antibody cocktail loses potency against the omicron Covid-19 variant. Regeneron did say that the cocktail is effective against the delta variant.\nLennar – Lennar reported quarterly earnings of $3.91 per share, below the $4.15 consensus estimate, and the homebuilder’s revenue also fell short of forecasts. Lennar was hurt by higher lumber costs as well as increased labor costs and shortages of raw materials, resulting in delayed home deliveries. Lennar tumbled 6.3% in premarket action.\nNovartis AG – Novartis launched a new share buyback program worth up to $15 billion, with the drug maker planning to complete those repurchases by the end of 2023. Shares jumped 4% in premarket trading.\nVisa – Visa rose 1.1% in the premarket after announcing that it added $12 billion to its share buyback program, bringing the total amount of its repurchase authority to $13.2 billion.\nSmucker's – Smucker struck a deal to sell its natural beverage and grains businesses to private equity firm Nexus Capital Management for $110 million, with the food producer saying it wanted to focus more resources on its core brands.\nIntuitive Surgical – Intuitive Surgical was added to the “conviction buy” list at Goldman Sachs, which points to the company’s pending launch of a new surgical system. Shares added 1.2% in the premarket.\nAT&T Inc – Morgan Stanley upgraded AT&T to “overweight” from “equal-weight,” saying a recent slide by the stock creates an attractive risk-reward profile. The firm said there are several other key factors driving the upgrade, including the pending completion of the WarnerMedia/Discoverymerger. AT&T gained 1.5% in premarket trading.\nPetco Health and Wellness Company, Inc. – The pet products seller’s stock added 1.9% in the premarket after Needham began coverage with a “buy” rating. The firm feels Petco should outperform competitors in the pet category, given its presence in multiple channels including veterinary hospitals.\nShopify – The e-commerce platform operator rallied 2.9% in premarket trading after Evercore upgraded it to “outperform” from “in line.” Evercore noted that the stock is about 20% below its year highs and that the company represents a high-quality asset in terms of growth opportunities.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}