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2021-08-22

Cool

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2021-08-14

Interesting

Where Will Virgin Galactic Stock Be In 10 Years?

2021-08-09

Nice

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2021-07-18

Cool

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2021-09-01

Another run coming?

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2021-08-27

Cool

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2021-07-20

Cool

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2021-06-27

Nice

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2021-08-18

Nice

Apple Sees Delay In Its Shift Away From China Due To COVID-19: Report

2021-08-12

Nice

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2021-07-25

More room to go up

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2021-07-22

Msft!!

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2021-07-21

Nice

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2021-07-16

Cool

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2021-07-10

Cool

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2021-09-05

Nice

AMZN Is The Only FAAMG Stock Off Its Peak. Buy The Dip?

2021-08-09

Mstr

Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.

2021-07-12

Nice

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2021-07-12

Cool

The Meme Stock Trade Is Far From Over. What Investors Need to Know.

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Buy The Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=1151569309","media":"Thestreet","summary":"Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven di","content":"<p>Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven discusses the buy-on-dip opportunity.</p>\n<p>Something atypical has been happening in the world of Big Tech lately. As of the end of August 2021, which was only a couple of days ago, Amazon stock&nbsp;(<b>AMZN</b>)&nbsp;was the only FAAMG name trading off its peak – defined here as 1% or more from the all-time high price.</p>\n<p>Could this be a chance for bargain hunters to load up on AMZN? 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Roughly speaking, FAAMG stocks behave similarly to the macroeconomic and broad market forces. Healthy consumer spending, economic growth, market enthusiasm and low interest rates are all bullish factors across the entire peer group.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a09638bca8fb5d57bada216196f071c\" tg-width=\"1200\" tg-height=\"686\" referrerpolicy=\"no-referrer\"><span>Figure 2: Number of FAAMG stocks off peak. data from Yahoo Finance</span></p>\n<h3>Buy-the-dip opportunity</h3>\n<p>In my view, Amazon’s loser status within the peer group (measured in this case by drawdowns) is still reminiscent of the company’sill-received third quarter earnings report. Back in July, the Seattle-based giant burst analysts’ and investors’ bubble, delivering e-commerce revenues that lagged consensus.</p>\n<p>Amazon is not out of the doghouse yet. 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While the current drawdown of only 5% to 10% may not seem like much,I believe that reasonable valuation&nbsp;shelp to set up AMZN for higher-than-peer group returns over the next several months.</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>AMZN Is The Only FAAMG Stock Off Its Peak. Buy The Dip?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMZN Is The Only FAAMG Stock Off Its Peak. Buy The Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/amzn-is-the-only-faamg-stock-off-its-peak-buy-the-dip><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven discusses the buy-on-dip opportunity.\nSomething atypical has been happening in the world of Big Tech ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amzn-is-the-only-faamg-stock-off-its-peak-buy-the-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amzn-is-the-only-faamg-stock-off-its-peak-buy-the-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151569309","content_text":"Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven discusses the buy-on-dip opportunity.\nSomething atypical has been happening in the world of Big Tech lately. As of the end of August 2021, which was only a couple of days ago, Amazon stock (AMZN) was the only FAAMG name trading off its peak – defined here as 1% or more from the all-time high price.\nCould this be a chance for bargain hunters to load up on AMZN? Today, the Amazon Maven talks about the buy-on-dip opportunity in September.\nAmazon stock: rare laggard\nThe chart below shows how often the five FAAMG stocks have traded off their all-time highs, in percentage of total trading days, over the past five years. Nearly half the time (42%), all five of them have been at least 1% away from their historical top at once.\nThis makes logical sense to me. Tech stock prices tend to be volatile and often “peel off” from their highs, even though shares have generally headed higher over a longer time horizon.\nThe least common occurrence has been for only one FAAMG stock to be in the hole, while all others hover near peaks. This has happened, on average, only 1 out of every 12 to 13 trading sessions (i.e. one day per two or three weeks). This is exactly what was happening to Amazon stock at the end of August.\nOnce again, this makes intuitive sense. Roughly speaking, FAAMG stocks behave similarly to the macroeconomic and broad market forces. Healthy consumer spending, economic growth, market enthusiasm and low interest rates are all bullish factors across the entire peer group.\nFigure 2: Number of FAAMG stocks off peak. data from Yahoo Finance\nBuy-the-dip opportunity\nIn my view, Amazon’s loser status within the peer group (measured in this case by drawdowns) is still reminiscent of the company’sill-received third quarter earnings report. Back in July, the Seattle-based giant burst analysts’ and investors’ bubble, delivering e-commerce revenues that lagged consensus.\nAmazon is not out of the doghouse yet. While COVID-19 fears have lingered, fueling some hopes that the digital retail channel will still perform well in the second half of 2021, the global economies should gradually (and hopefully) reopen and return to “a new normal” over the next 12 months. Therefore, e-commerce headwinds in the foreseeable future are certainly not out of question.\nHowever,history has shown time and again that buying Amazon stock on pullbacks is a good strategy. While the current drawdown of only 5% to 10% may not seem like much,I believe that reasonable valuation shelp to set up AMZN for higher-than-peer group returns over the next several months.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816494104,"gmtCreate":1630511551708,"gmtModify":1632475255210,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Another run coming?","listText":"Another run coming?","text":"Another run coming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816494104","repostId":"2164897643","repostType":4,"isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811467754,"gmtCreate":1630337633878,"gmtModify":1704958785457,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811467754","repostId":"1182034389","repostType":4,"isVote":1,"tweetType":1,"viewCount":1960,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819526360,"gmtCreate":1630078870950,"gmtModify":1704955713725,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819526360","repostId":"1199074003","repostType":4,"repost":{"id":"1199074003","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":1630077382,"share":"https://www.laohu8.com/m/news/1199074003?lang=&edition=full","pubTime":"2021-08-27 23:16","market":"us","language":"en","title":"Crypto stocks surged in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1199074003","media":"Tiger Newspress","summary":"Crypto stocks surged in morning trading.Bit Digital,Marathon Digital,Riot Blockchain,SoS Ltd,Square,","content":"<p>Crypto stocks surged in morning trading.Bit Digital,Marathon Digital,Riot Blockchain,SoS Ltd,Square,Coinbase&nbsp;and&nbsp;Paypal&nbsp;climbed between 1% and 13%.</p>\n<p><img src=\"https://static.tigerbbs.com/67735af69f95f6a88ee67ae3737e58c0\" tg-width=\"364\" tg-height=\"715\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE 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overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto stocks surged in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-27 23:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks surged in morning trading.Bit Digital,Marathon Digital,Riot Blockchain,SoS Ltd,Square,Coinbase&nbsp;and&nbsp;Paypal&nbsp;climbed between 1% and 13%.</p>\n<p><img src=\"https://static.tigerbbs.com/67735af69f95f6a88ee67ae3737e58c0\" tg-width=\"364\" tg-height=\"715\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技","RIOT":"Riot Platforms","SOS":"SOS Limited","BTBT":"Bit Digital, Inc.","NCTY":"第九城市","MARA":"MARA Holdings","EBON":"亿邦国际","BTCM":"BIT Mining","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199074003","content_text":"Crypto stocks surged in morning trading.Bit Digital,Marathon Digital,Riot Blockchain,SoS Ltd,Square,Coinbase and Paypal climbed between 1% and 13%.","news_type":1,"symbols_score_info":{"BTBT":0.9,"BTCM":0.9,"CAN":0.9,"COIN":0.9,"EBON":0.9,"MARA":0.9,"NCTY":0.9,"RIOT":0.9,"SOS":0.9,"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832216558,"gmtCreate":1629637921574,"gmtModify":1633683639933,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/832216558","repostId":"1133515985","repostType":4,"isVote":1,"tweetType":1,"viewCount":1254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836633794,"gmtCreate":1629474209718,"gmtModify":1633684560410,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836633794","repostId":"1104380958","repostType":4,"isVote":1,"tweetType":1,"viewCount":2322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831963052,"gmtCreate":1629280378476,"gmtModify":1633686018574,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831963052","repostId":"1160063301","repostType":4,"repost":{"id":"1160063301","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629279635,"share":"https://www.laohu8.com/m/news/1160063301?lang=&edition=full","pubTime":"2021-08-18 17:40","market":"us","language":"en","title":"Apple Sees Delay In Its Shift Away From China Due To COVID-19: Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1160063301","media":"Benzinga","summary":"Apple is slowing plans to shift production from China to Vietnam as governments tighten border contr","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b>&nbsp;is slowing plans to shift production from&nbsp;<b>China</b>&nbsp;to&nbsp;<b>Vietnam</b>&nbsp;as governments tighten border controls to contain outbreaks of new variants of the coronavirus, Nikkei Asiareportedon Tuesday, citing sources.</p>\n<p><b>What Happened:</b>&nbsp;The Cupertino, California-based tech giant plans to start mass production of its latest&nbsp;<b>AirPods</b>&nbsp;earphones in China instead of Vietnam as previously planned.</p>\n<p>Apple reportedly still aims to move around 20% of new AirPods production to Vietnam at some point in the future.</p>\n<p>AirPods were among the first products that Apple began making in significant amounts in Vietnam after moving production there about two years ago during the peak of U.S.-China trade tensions.</p>\n<p>The&nbsp;<b>Tim Cook</b>-led company's plan to bring some&nbsp;<b>MacBook</b>&nbsp;and&nbsp;<b>iPad</b>&nbsp;production to Vietnam has also been put on hold.</p>\n<p>Apple is not alone, as other tech biggies such as Google parent&nbsp;<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> and&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> are facing similar delays, the Nikkei&nbsp;noted.</p>\n<p><b>Why It Matters:</b>&nbsp;Vietnam’s young labor force made it an ideal draw for U.S. based tech manufacturers, especially when Washington began imposing punitive tariffs on Chinese-made goods in 2018. Suppliers of Apple, Google, Amazon, Microsoft and&nbsp;<a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc.</a> have already set up or expanded factories in the country over the past few years.</p>\n<p>Both China and Vietnam have adopted stricter border control measures this year, which has slowed the production shift between the two countries due to COVID-19 resurgence and government measures.</p>\n<p><b>Price Action:</b>&nbsp;Apple shares closed 0.62% lower at $150.19 on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Sees Delay In Its Shift Away From China Due To COVID-19: Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sees Delay In Its Shift Away From China Due To COVID-19: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-18 17:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b>&nbsp;is slowing plans to shift production from&nbsp;<b>China</b>&nbsp;to&nbsp;<b>Vietnam</b>&nbsp;as governments tighten border controls to contain outbreaks of new variants of the coronavirus, Nikkei Asiareportedon Tuesday, citing sources.</p>\n<p><b>What Happened:</b>&nbsp;The Cupertino, California-based tech giant plans to start mass production of its latest&nbsp;<b>AirPods</b>&nbsp;earphones in China instead of Vietnam as previously planned.</p>\n<p>Apple reportedly still aims to move around 20% of new AirPods production to Vietnam at some point in the future.</p>\n<p>AirPods were among the first products that Apple began making in significant amounts in Vietnam after moving production there about two years ago during the peak of U.S.-China trade tensions.</p>\n<p>The&nbsp;<b>Tim Cook</b>-led company's plan to bring some&nbsp;<b>MacBook</b>&nbsp;and&nbsp;<b>iPad</b>&nbsp;production to Vietnam has also been put on hold.</p>\n<p>Apple is not alone, as other tech biggies such as Google parent&nbsp;<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> and&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> are facing similar delays, the Nikkei&nbsp;noted.</p>\n<p><b>Why It Matters:</b>&nbsp;Vietnam’s young labor force made it an ideal draw for U.S. based tech manufacturers, especially when Washington began imposing punitive tariffs on Chinese-made goods in 2018. Suppliers of Apple, Google, Amazon, Microsoft and&nbsp;<a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc.</a> have already set up or expanded factories in the country over the past few years.</p>\n<p>Both China and Vietnam have adopted stricter border control measures this year, which has slowed the production shift between the two countries due to COVID-19 resurgence and government measures.</p>\n<p><b>Price Action:</b>&nbsp;Apple shares closed 0.62% lower at $150.19 on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160063301","content_text":"Apple is slowing plans to shift production from China to Vietnam as governments tighten border controls to contain outbreaks of new variants of the coronavirus, Nikkei Asiareportedon Tuesday, citing sources.\nWhat Happened: The Cupertino, California-based tech giant plans to start mass production of its latest AirPods earphones in China instead of Vietnam as previously planned.\nApple reportedly still aims to move around 20% of new AirPods production to Vietnam at some point in the future.\nAirPods were among the first products that Apple began making in significant amounts in Vietnam after moving production there about two years ago during the peak of U.S.-China trade tensions.\nThe Tim Cook-led company's plan to bring some MacBook and iPad production to Vietnam has also been put on hold.\nApple is not alone, as other tech biggies such as Google parent Alphabet and Amazon.com are facing similar delays, the Nikkei noted.\nWhy It Matters: Vietnam’s young labor force made it an ideal draw for U.S. based tech manufacturers, especially when Washington began imposing punitive tariffs on Chinese-made goods in 2018. Suppliers of Apple, Google, Amazon, Microsoft and Dell Technologies Inc. have already set up or expanded factories in the country over the past few years.\nBoth China and Vietnam have adopted stricter border control measures this year, which has slowed the production shift between the two countries due to COVID-19 resurgence and government measures.\nPrice Action: Apple shares closed 0.62% lower at $150.19 on Tuesday.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830022082,"gmtCreate":1628994905046,"gmtModify":1633688100889,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830022082","repostId":"1133270372","repostType":4,"repost":{"id":"1133270372","kind":"news","pubTimestamp":1628988501,"share":"https://www.laohu8.com/m/news/1133270372?lang=&edition=full","pubTime":"2021-08-15 08:48","market":"us","language":"en","title":"Where Will Plug Power Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1133270372","media":"seekingalpha","summary":"Summary\n\nPlug Power is active in an attractive industry with huge growth tailwinds.\nIt serves low-ri","content":"<p><b>Summary</b></p>\n<ul>\n <li>Plug Power is active in an attractive industry with huge growth tailwinds.</li>\n <li>It serves low-risk customers and has a strong position in its industry.</li>\n <li>Shares are pricing in a lot of future growth, and investors should consider what actual per-share returns might look like before deploying money at current valuations.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fa1aea5535d99338f385c168062b218\" tg-width=\"1536\" tg-height=\"852\" referrerpolicy=\"no-referrer\"><span>Fokusiert/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Plug Power, Inc. (PLUG) is active in a high-growth industry, which translates into a strong long-term business growth outlook, as long as the company can capitalize on its goals and management executes well. The company is, however, not profitable yet, and the path to meaningful net profits holds some uncertainties still. Taking a longer-term view, we can expect that Plug Power will generate positive net profits despite the fact that shares are valuing the company at a relatively high current valuation. From a risk-reward standpoint, there may be better picks available, though, despite the fact that I believe that shares will trade materially higher in 2031.</p>\n<p><b>Plug Power Stock Price</b></p>\n<p>Plug Power, Inc. has seen its share price move up and down violently over the last year:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d940297249151eddcccf6440d20ef031\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Shares trade 130% higher than 12 months ago, but at the same time, shares trade at just one-third of the all-time high today. In early 2021, shares exploded upwards at a time when other renewable/new energy and related stocks, including EV plays, benefited from massive investor enthusiasm. Since then, enthusiasm seems to have cooled, and shares have reverted back to the $20s. At current prices, Plug Power, Inc. is valued at $16 billion based on a diluted share count of a little less than 600 million. Analysts are pretty bullish on the stock right now, as the consensus price target of $41 implies an upside potential of around 50% from current prices throughout the next year. It should be noted, however, that the analyst consensus price target has been lowered in recent months, and may continue to be lowered going forward. Due to non-existent profits PLUG can't be valued on an earnings basis, but shares trade for around 30x this year's revenue, which is quite expensive.</p>\n<p><b>Plug Power Stock Prediction</b></p>\n<p>Plug Power, Inc. is active in an absolute growth industry, as hydrogen fuel cells will see huge demand growth in coming years as they allow for an environmentally friendly alternative to other fuels. Plug Power, as a turnkey provider in a market leadership position for this technology, is well-positioned to capitalize on this megatrend. Through a network of global partnerships, including with Brookfield Renewable Partners (BEP), Plug Power is working on growing the green hydrogen industryglobally:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91a8e3b57882e429c9eace431bd1f541\" tg-width=\"640\" tg-height=\"350\" width=\"100%\" height=\"auto\"><span>Source: Plug Power presentation</span></p>\n<p>Plug Power's green hydrogen can be used for powering trucks, busses, and other vehicles, while the company is also providing environmentally friendly alternatives to diesel generators in the megawatt scale range that can be used by utilities, for example. The company is, on top of that, also working on other ventures that are not ready to be commercialized yet, such as powering aircraft with hydrogen. Plug Power will have at least 5 hydrogen plants running in the US in 2024, i.e. three years from now, with more projects being in the pipeline both in the US and in overseas markets such as Europe.</p>\n<p>80% of Plug Power's customers are what the company calls blue chip customers, which includes companies such as Amazon (AMZN). These companies are oftentimes highly inclined to improve their CO2 footprint in order to receive better ESG ratings, and at the same time, these are low-risk customers as their strong balance sheets and cash flows mean that the risk of liquidity or solvency issues is negligible. Overall, Plug Power thus works with attractive counterparts, and their financial firepower means that Plug Power is not forced to sell its products at bargain prices, which is why the company has been able to generate relatively attractive product gross margins in the 30s in recent quarters.</p>\n<p>Due to the still relatively small scale of the company, Plug Power is not profitable on a net basis or operating basis, however. The company's operating expenses, relative to the revenues that Plug Power generates, are still too high for now. This should, however, change over time, as operating leverage and improving product margins should allow Plug Power to grow gross profits relative to operating expenses, which will result in improving profitability. Analysts are currently predicting positive net profits for fiscal 2024, or three years from now. It would, of course, be better if Plug Power had hit that point already, but for long-term oriented investors, two more years of negative profits will not be a disaster.</p>\n<p>When investing in a company such as Plug Power, the very near term is not too relevant, but what matters more is the longer-term potential of the company to grow its revenue and profits. Through the combination of ESG tailwinds, massive market growth, and its market leadership position, Plug Power seems to be well-positioned to grow its revenue for many years to come:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d6f0576ba51f219d85b18d90ccaf6f4\" tg-width=\"640\" tg-height=\"628\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>Analysts are currently predicting that revenues will grow at 50%+ a year over the next three years, while growth is forecasted to remain almost 30% through at least 2030, which equates to a highly attractive long-term growth outlook. There are, of course, no guarantees that this will indeed happen, as some risks to the business model remain. The company is not profitable yet, thus funding of future growth projects could theoretically become a problem. On top of that, it is possible that other players with deep pockets will try to disrupt the market or gain market share. The risk of that is, I believe, due to Plug Power's leadership position, not very large. But should the market become more competitive, non-profitable Plug Power might run into problems if it were to run into market share fights that could pressure margins.</p>\n<p>Some execution risks do thus remain for sure, and investors shouldn't see the above growth projections as crystal-clear forecasts that are infallible. Instead, however, the above predictions showcase what a base-case scenario could look like, and actual results might be better or worse than that. Overall, it can be said that the longer-term outlook for Plug Power's business is excellent, as the company should be able to grow at an attractive pace for many years to come, as investors, companies, and consumers put more and more emphasis on a smaller carbon footprint. Obvious growth prospects for an industry do not, however, automatically translate into share price gains. Those that bought shares of Cisco (CSCO) at the highs during the dot.com bubble, for example, are still in the red today, 22 years later, despite the massive growth the business has experienced in that time frame. Valuations should be considered as well, and Plug Power is far from cheap today.</p>\n<p><b>Plug Power Stock Forecast For 2030</b></p>\n<p>Today, Plug Power is trading for around 32x this year's expected revenue. If that was an earnings multiple, the stock still wouldn't be especially cheap, relative to how the average company is valued. At more than 30x sales, shares do seem very expensive. When we consider PLUG's growth outlook over the coming decade, that is relativized to some degree, but I believe that shares are still trading above fair value.</p>\n<p>If the analyst consensus estimate for 2030's revenues is correct, at $10.5 billion, then shares are trading at around 1.5x 2030's revenue right now. Many industrial names are trading for 1x to 2x this year's revenue right now, which indicates how much future growth is priced into PLUG's stock already. One can, of course, argue that PLUG's growth outlook in 2030 is likely still better than that of the average company today, as it seems very much possible for PLUG to grow at a double-digit rate well beyond 2030. But still, shares upside for PLUG's shares is not too great over the coming decade, I believe.</p>\n<p>If PLUG were to trade at a still relatively steep 3.5x revenue in 2030, this gets us to a market cap estimate of around $37billion, or roughly 2.3x as much as today. PLUG's share count will, however, not stay unchanged over the next decade, which is why returns on a per-share basis will be lower than that. If we assume that the share count climbs by just 2% a year, 2030's share count will stand at a little above 700 million. At a $37 billion market capitalization, each individual stock would then trade at around $53, which would mean a return of ~100% from today. On an annual basis, this would equate to returns of 8%. 8% annual returns are far from bad, but many things have to go right for that to happen -- PLUG has to execute well, deliver on growth projects, and avoid massive share issuance. When we also consider that this estimate requires a still rather high 3.5x sales multiple in 2030, then those returns are not great enough to warrant a buy rating, I believe. It would be different of 8% returns could come from a very de-risked blue chip with very low uncertainties, but that is not the case here. For reference, if PLUG executes well and hits growth estimates, but its shares trade for 2.5x sales in 2030, then the share price, assuming 2% annual dilution, would be $37, which would equate to just 4% annual returns. PLUG's share count has risen by around 50% over the last year alone, and even though I don't expect similar dilution in coming years, it is at least possible for PLUG's share count to rise by significantly more than 2% a year, which would pressure returns further.</p>\n<p>Overall, I do not believe that investors will lose money with PLUG over the next decade or more. But I also do not believe that investors will see very attractive returns in that time frame, despite the fact that Plug Power's underlying business growth outlook is highly attractive. Shares are pricing in a lot of future growth already, and I believe that returns in the sub-10% range can also be generated through lower-risk investments, with less volatile stocks.</p>\n<p><b>Conclusion: Where Could Plug Power Be In 10 Years?</b></p>\n<p>One can't know that today, but we can make educated guesses. According to may scenarios laid out above, PLUG could trade at $37-$55 in 2030, factoring in another year of growth, we could end up at $40-$60 in 2031, I believe -- if many things go right. In case there are major hiccups with growth projects, or if the share count rises more than expected, these estimates may be too high.</p>\n<p>Overall, I believe that there is considerable long-term upside potential for PLUG's shares, but expected returns in the mid-to-high-single digits range are not gigantic, and the same returns can be generated through more mature, less volatile investments with fewer uncertainties and less execution risk. I thus do think that PLUG is not a buy right here, even though I like the company's growth prospects and its position in an attractive industry.</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>Where Will Plug Power Be In 10 Years?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will Plug Power Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-15 08:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449266-plug-power-stock-in-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPlug Power is active in an attractive industry with huge growth tailwinds.\nIt serves low-risk customers and has a strong position in its industry.\nShares are pricing in a lot of future growth...</p>\n\n<a href=\"https://seekingalpha.com/article/4449266-plug-power-stock-in-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLUG":"普拉格能源"},"source_url":"https://seekingalpha.com/article/4449266-plug-power-stock-in-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133270372","content_text":"Summary\n\nPlug Power is active in an attractive industry with huge growth tailwinds.\nIt serves low-risk customers and has a strong position in its industry.\nShares are pricing in a lot of future growth, and investors should consider what actual per-share returns might look like before deploying money at current valuations.\n\nFokusiert/iStock via Getty Images\nArticle Thesis\nPlug Power, Inc. (PLUG) is active in a high-growth industry, which translates into a strong long-term business growth outlook, as long as the company can capitalize on its goals and management executes well. The company is, however, not profitable yet, and the path to meaningful net profits holds some uncertainties still. Taking a longer-term view, we can expect that Plug Power will generate positive net profits despite the fact that shares are valuing the company at a relatively high current valuation. From a risk-reward standpoint, there may be better picks available, though, despite the fact that I believe that shares will trade materially higher in 2031.\nPlug Power Stock Price\nPlug Power, Inc. has seen its share price move up and down violently over the last year:\nData by YCharts\nShares trade 130% higher than 12 months ago, but at the same time, shares trade at just one-third of the all-time high today. In early 2021, shares exploded upwards at a time when other renewable/new energy and related stocks, including EV plays, benefited from massive investor enthusiasm. Since then, enthusiasm seems to have cooled, and shares have reverted back to the $20s. At current prices, Plug Power, Inc. is valued at $16 billion based on a diluted share count of a little less than 600 million. Analysts are pretty bullish on the stock right now, as the consensus price target of $41 implies an upside potential of around 50% from current prices throughout the next year. It should be noted, however, that the analyst consensus price target has been lowered in recent months, and may continue to be lowered going forward. Due to non-existent profits PLUG can't be valued on an earnings basis, but shares trade for around 30x this year's revenue, which is quite expensive.\nPlug Power Stock Prediction\nPlug Power, Inc. is active in an absolute growth industry, as hydrogen fuel cells will see huge demand growth in coming years as they allow for an environmentally friendly alternative to other fuels. Plug Power, as a turnkey provider in a market leadership position for this technology, is well-positioned to capitalize on this megatrend. Through a network of global partnerships, including with Brookfield Renewable Partners (BEP), Plug Power is working on growing the green hydrogen industryglobally:\nSource: Plug Power presentation\nPlug Power's green hydrogen can be used for powering trucks, busses, and other vehicles, while the company is also providing environmentally friendly alternatives to diesel generators in the megawatt scale range that can be used by utilities, for example. The company is, on top of that, also working on other ventures that are not ready to be commercialized yet, such as powering aircraft with hydrogen. Plug Power will have at least 5 hydrogen plants running in the US in 2024, i.e. three years from now, with more projects being in the pipeline both in the US and in overseas markets such as Europe.\n80% of Plug Power's customers are what the company calls blue chip customers, which includes companies such as Amazon (AMZN). These companies are oftentimes highly inclined to improve their CO2 footprint in order to receive better ESG ratings, and at the same time, these are low-risk customers as their strong balance sheets and cash flows mean that the risk of liquidity or solvency issues is negligible. Overall, Plug Power thus works with attractive counterparts, and their financial firepower means that Plug Power is not forced to sell its products at bargain prices, which is why the company has been able to generate relatively attractive product gross margins in the 30s in recent quarters.\nDue to the still relatively small scale of the company, Plug Power is not profitable on a net basis or operating basis, however. The company's operating expenses, relative to the revenues that Plug Power generates, are still too high for now. This should, however, change over time, as operating leverage and improving product margins should allow Plug Power to grow gross profits relative to operating expenses, which will result in improving profitability. Analysts are currently predicting positive net profits for fiscal 2024, or three years from now. It would, of course, be better if Plug Power had hit that point already, but for long-term oriented investors, two more years of negative profits will not be a disaster.\nWhen investing in a company such as Plug Power, the very near term is not too relevant, but what matters more is the longer-term potential of the company to grow its revenue and profits. Through the combination of ESG tailwinds, massive market growth, and its market leadership position, Plug Power seems to be well-positioned to grow its revenue for many years to come:\nSource:Seeking Alpha\nAnalysts are currently predicting that revenues will grow at 50%+ a year over the next three years, while growth is forecasted to remain almost 30% through at least 2030, which equates to a highly attractive long-term growth outlook. There are, of course, no guarantees that this will indeed happen, as some risks to the business model remain. The company is not profitable yet, thus funding of future growth projects could theoretically become a problem. On top of that, it is possible that other players with deep pockets will try to disrupt the market or gain market share. The risk of that is, I believe, due to Plug Power's leadership position, not very large. But should the market become more competitive, non-profitable Plug Power might run into problems if it were to run into market share fights that could pressure margins.\nSome execution risks do thus remain for sure, and investors shouldn't see the above growth projections as crystal-clear forecasts that are infallible. Instead, however, the above predictions showcase what a base-case scenario could look like, and actual results might be better or worse than that. Overall, it can be said that the longer-term outlook for Plug Power's business is excellent, as the company should be able to grow at an attractive pace for many years to come, as investors, companies, and consumers put more and more emphasis on a smaller carbon footprint. Obvious growth prospects for an industry do not, however, automatically translate into share price gains. Those that bought shares of Cisco (CSCO) at the highs during the dot.com bubble, for example, are still in the red today, 22 years later, despite the massive growth the business has experienced in that time frame. Valuations should be considered as well, and Plug Power is far from cheap today.\nPlug Power Stock Forecast For 2030\nToday, Plug Power is trading for around 32x this year's expected revenue. If that was an earnings multiple, the stock still wouldn't be especially cheap, relative to how the average company is valued. At more than 30x sales, shares do seem very expensive. When we consider PLUG's growth outlook over the coming decade, that is relativized to some degree, but I believe that shares are still trading above fair value.\nIf the analyst consensus estimate for 2030's revenues is correct, at $10.5 billion, then shares are trading at around 1.5x 2030's revenue right now. Many industrial names are trading for 1x to 2x this year's revenue right now, which indicates how much future growth is priced into PLUG's stock already. One can, of course, argue that PLUG's growth outlook in 2030 is likely still better than that of the average company today, as it seems very much possible for PLUG to grow at a double-digit rate well beyond 2030. But still, shares upside for PLUG's shares is not too great over the coming decade, I believe.\nIf PLUG were to trade at a still relatively steep 3.5x revenue in 2030, this gets us to a market cap estimate of around $37billion, or roughly 2.3x as much as today. PLUG's share count will, however, not stay unchanged over the next decade, which is why returns on a per-share basis will be lower than that. If we assume that the share count climbs by just 2% a year, 2030's share count will stand at a little above 700 million. At a $37 billion market capitalization, each individual stock would then trade at around $53, which would mean a return of ~100% from today. On an annual basis, this would equate to returns of 8%. 8% annual returns are far from bad, but many things have to go right for that to happen -- PLUG has to execute well, deliver on growth projects, and avoid massive share issuance. When we also consider that this estimate requires a still rather high 3.5x sales multiple in 2030, then those returns are not great enough to warrant a buy rating, I believe. It would be different of 8% returns could come from a very de-risked blue chip with very low uncertainties, but that is not the case here. For reference, if PLUG executes well and hits growth estimates, but its shares trade for 2.5x sales in 2030, then the share price, assuming 2% annual dilution, would be $37, which would equate to just 4% annual returns. PLUG's share count has risen by around 50% over the last year alone, and even though I don't expect similar dilution in coming years, it is at least possible for PLUG's share count to rise by significantly more than 2% a year, which would pressure returns further.\nOverall, I do not believe that investors will lose money with PLUG over the next decade or more. But I also do not believe that investors will see very attractive returns in that time frame, despite the fact that Plug Power's underlying business growth outlook is highly attractive. Shares are pricing in a lot of future growth already, and I believe that returns in the sub-10% range can also be generated through lower-risk investments, with less volatile stocks.\nConclusion: Where Could Plug Power Be In 10 Years?\nOne can't know that today, but we can make educated guesses. According to may scenarios laid out above, PLUG could trade at $37-$55 in 2030, factoring in another year of growth, we could end up at $40-$60 in 2031, I believe -- if many things go right. In case there are major hiccups with growth projects, or if the share count rises more than expected, these estimates may be too high.\nOverall, I believe that there is considerable long-term upside potential for PLUG's shares, but expected returns in the mid-to-high-single digits range are not gigantic, and the same returns can be generated through more mature, less volatile investments with fewer uncertainties and less execution risk. I thus do think that PLUG is not a buy right here, even though I like the company's growth prospects and its position in an attractive industry.","news_type":1,"symbols_score_info":{"PLUG":0.9}},"isVote":1,"tweetType":1,"viewCount":1649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897641004,"gmtCreate":1628916174908,"gmtModify":1633688503017,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897641004","repostId":"1149823415","repostType":4,"repost":{"id":"1149823415","kind":"news","pubTimestamp":1628909753,"share":"https://www.laohu8.com/m/news/1149823415?lang=&edition=full","pubTime":"2021-08-14 10:55","market":"us","language":"en","title":"Where Will Virgin Galactic Stock Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149823415","media":"seekingalpha","summary":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"d","content":"<p><b>Summary</b></p>\n<ul>\n <li>Virgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.</li>\n <li>However, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.</li>\n <li>We would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.</li>\n <li>Lastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00922c9874a28954c08c613b8dbf378b\" tg-width=\"768\" tg-height=\"493\" width=\"100%\" height=\"auto\"><span>Nastco/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Back in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.</p>\n<p>Since then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from&nbsp;late Q3'CY22.</p>\n<p>This article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.</p>\n<p>Lastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.</p>\n<p><b>Revisions to Virgin Galactic's Mean Consensus Estimates</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e15e65a740bf4a03405cd6f31e82bfc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>May's consensus revenue estimates &amp; Aug's consensus revenue estimates. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/149d99203d29b3a3e785096ccc509c57\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Scale of revised estimates (Between May and Aug estimates). Data source: S&amp;P Capital IQ</span></p>\n<p>Investors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.</p>\n<p><b>Private Commercial Full Revenue Service is Expected from Q3'CY22</b></p>\n<p>SPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.</p>\n<p>As a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.</p>\n<p>However, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:</p>\n<blockquote>\n These enhancements\n <i>could potentially allow Eve to fly 100 flights between major maintenance inspections</i>. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n</blockquote>\n<p>In addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"</p>\n<p>The Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"</p>\n<p>Sure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:</p>\n<blockquote>\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n <i>that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today</i>.\"\n</blockquote>\n<p>If investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:</p>\n<blockquote>\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n</blockquote>\n<p>We are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).</p>\n<p><b>Are There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?</b></p>\n<p>Yes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket&nbsp;holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"</p>\n<p>Investors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"</p>\n<p>The company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"</p>\n<p>Importantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.</p>\n<p>Virgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience<b><i>.</i></b>And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"</p>\n<p><b>Strong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage</b></p>\n<p>Astute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.</p>\n<p>Based on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.</p>\n<p>The initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.</p>\n<p>However, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.</p>\n<p>Part of the reason that the company needed to raise the&nbsp;$500M equity&nbsp;offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.</p>\n<p>Crucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"</p>\n<p><b>Competing Against Blue Origin</b></p>\n<p>We think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.</p>\n<p>While we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture&nbsp;and the technology we have chosen is complete overkill for a suborbital tourism mission.”</p>\n<p>We think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"</p>\n<p>Therefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.</p>\n<p>One thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.</p>\n<p>Virgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.</p>\n<p><b>Free Cash Flow Forecast &amp; Valuations</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48be5e8da375fdc72591e31b96a223f4\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>EBITDA margin forecast &amp; CapEx margin forecast. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57509b52b1c0ac46a44e7a0dd619bd97\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>EV / Fwd EBITDA trend. Data Source: S&amp;P Capital IQ</span></p>\n<p>Despite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.</p>\n<p>However, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1084f3186f9732fad8d28b824c65de2a\" tg-width=\"640\" tg-height=\"472\" width=\"100%\" height=\"auto\"><span>Street's mean price target. Source: TIKR</span></p>\n<p>The Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.</p>\n<p>While we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.</p>\n<p><b>SPCE Stock Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f872b3e8670eac6d5ca4d8afce15200\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>While we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.</p>\n<p>SPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.</p>\n<p>In summary, we assign a neutral rating to SPCE for long-term investors.</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>Where Will Virgin Galactic Stock Be In 10 Years?</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will Virgin Galactic Stock Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company'...</p>\n\n<a href=\"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149823415","content_text":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.\nWe would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.\nLastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.\n\nNastco/iStock via Getty Images\nInvestment Thesis\nBack in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.\nSince then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from late Q3'CY22.\nThis article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.\nLastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.\nRevisions to Virgin Galactic's Mean Consensus Estimates\nMay's consensus revenue estimates & Aug's consensus revenue estimates. Data source: S&P Capital IQ\nScale of revised estimates (Between May and Aug estimates). Data source: S&P Capital IQ\nInvestors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.\nPrivate Commercial Full Revenue Service is Expected from Q3'CY22\nSPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.\nAs a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.\nHowever, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:\n\n These enhancements\n could potentially allow Eve to fly 100 flights between major maintenance inspections. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n\nIn addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"\nThe Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"\nSure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:\n\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today.\"\n\nIf investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:\n\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n\nWe are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).\nAre There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?\nYes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"\nInvestors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"\nThe company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"\nImportantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.\nVirgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience.And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"\nStrong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage\nAstute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.\nBased on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.\nThe initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.\nHowever, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.\nPart of the reason that the company needed to raise the $500M equity offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.\nCrucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"\nCompeting Against Blue Origin\nWe think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.\nWhile we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture and the technology we have chosen is complete overkill for a suborbital tourism mission.”\nWe think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"\nTherefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.\nOne thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.\nVirgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.\nFree Cash Flow Forecast & Valuations\nEBITDA margin forecast & CapEx margin forecast. Data source: S&P Capital IQ\nEV / Fwd EBITDA trend. Data Source: S&P Capital IQ\nDespite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.\nHowever, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.\nStreet's mean price target. Source: TIKR\nThe Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.\nWhile we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.\nSPCE Stock Price Action and Trend Analysis\nSource: TradingView\nWhile we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.\nSPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.\nIn summary, we assign a neutral rating to SPCE for long-term investors.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":2429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895844642,"gmtCreate":1628735571186,"gmtModify":1633689888853,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895844642","repostId":"2158235575","repostType":4,"isVote":1,"tweetType":1,"viewCount":2373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898523949,"gmtCreate":1628512383281,"gmtModify":1633746571570,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Mstr","listText":"Mstr","text":"Mstr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898523949","repostId":"1122651143","repostType":4,"repost":{"id":"1122651143","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":1628508488,"share":"https://www.laohu8.com/m/news/1122651143?lang=&edition=full","pubTime":"2021-08-09 19:28","market":"us","language":"en","title":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1122651143","media":"Tiger Newspress","summary":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more tha","content":"<p>Crypto&nbsp;sector&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;premarket&nbsp;trading,BTCM&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;30%,BITF&nbsp;surged&nbsp;more&nbsp;than&nbsp;20%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ece56572cf91d8de69991add19a22f4\" tg-width=\"1287\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Investors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.</p>\n<p>Late last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).</p>\n<p>The acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.</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>Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-09 19:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto&nbsp;sector&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;premarket&nbsp;trading,BTCM&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;30%,BITF&nbsp;surged&nbsp;more&nbsp;than&nbsp;20%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ece56572cf91d8de69991add19a22f4\" tg-width=\"1287\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Investors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.</p>\n<p>Late last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).</p>\n<p>The acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTCM":"BIT Mining","BITF":"Bitfarms Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122651143","content_text":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.\nInvestors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.\nLate last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).\nThe acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.","news_type":1,"symbols_score_info":{"BITF":0.9,"BTCM":0.9}},"isVote":1,"tweetType":1,"viewCount":595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898005268,"gmtCreate":1628438914554,"gmtModify":1633747138250,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898005268","repostId":"2157490509","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891014618,"gmtCreate":1628307063434,"gmtModify":1633751772378,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/891014618","repostId":"1119792130","repostType":4,"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806073506,"gmtCreate":1627620591905,"gmtModify":1633757684339,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Tech weakening it seems","listText":"Tech weakening it seems","text":"Tech weakening it seems","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806073506","repostId":"2155184148","repostType":4,"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801741988,"gmtCreate":1627538056144,"gmtModify":1633763989156,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Rebound on the way","listText":"Rebound on the way","text":"Rebound on the 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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":1626961977,"share":"https://www.laohu8.com/m/news/1100978830?lang=&edition=full","pubTime":"2021-07-22 21:52","market":"us","language":"en","title":"Microsoft rose over 1%, reaching record high","url":"https://stock-news.laohu8.com/highlight/detail?id=1100978830","media":"Tiger Newspress","summary":"(July 22) Microsoft rose over 1%, reaching record high.","content":"<p>(July 22)&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> rose over 1%, reaching record high.</p>\n<p><img src=\"https://static.tigerbbs.com/d3e01b3a96334ab3ef727b20a2606ffb\" tg-width=\"704\" tg-height=\"486\" referrerpolicy=\"no-referrer\"></p>\n<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>Microsoft rose over 1%, reaching record high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft rose over 1%, reaching record high\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-22 21:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 22)&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> rose over 1%, reaching record high.</p>\n<p><img src=\"https://static.tigerbbs.com/d3e01b3a96334ab3ef727b20a2606ffb\" tg-width=\"704\" tg-height=\"486\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","MSFT":"微软","09086":"华夏纳指-U"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100978830","content_text":"(July 22) Microsoft rose over 1%, reaching record high.","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176144783,"gmtCreate":1626874442542,"gmtModify":1633770234426,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176144783","repostId":"1107219983","repostType":4,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178188888,"gmtCreate":1626791968644,"gmtModify":1633770981759,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/178188888","repostId":"1155810329","repostType":4,"repost":{"id":"1155810329","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626791723,"share":"https://www.laohu8.com/m/news/1155810329?lang=&edition=full","pubTime":"2021-07-20 22:35","market":"us","language":"en","title":"Stocks That Hit 52-Week Highs On Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1155810329","media":"Benzinga","summary":"On Tuesday morning, 54 companies achieved new highs for the year.\nNoteworthy Mentions:\n\nThe largest ","content":"<p>On Tuesday morning, 54 companies achieved new highs for the year.</p>\n<p>Noteworthy Mentions:</p>\n<ul>\n <li>The largest company by market cap to set a new 52-week high was<b>Costco Wholesale</b>(NASDAQ:COST).</li>\n <li>The smallest company when considering market cap to set a new 52-week high was<b><a href=\"https://laohu8.com/S/EQS\">Equus Total Return</a></b>(NYSE:EQS).</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP)'s stock made the biggest move upwards, moving 16.28% to reach a new 52-week high.</li>\n</ul>\n<p>The following stocks set new 52-week highs during the first half-hour of trading on Tuesday:</p>\n<ul>\n <li><b>Costco Wholesale</b>(NASDAQ:COST) shares broke to a new 52-week high of $416.75 on Tuesday. Shares of the company traded up 0.5%.</li>\n <li><b>Moderna</b>(NASDAQ:MRNA) shares were up 6.55% on Tuesday morning to hit a new 52-week high of $335.85.</li>\n <li><b>Crown Castle Intl</b>(NYSE:CCI) shares were up 1.14% for the day, having made a 52-week high of $204.62.</li>\n <li><b>HCA Healthcare</b>(NYSE:HCA) stock made a new 52-week high of $249.58 Tuesday. The stock was up 11.21% for the day.</li>\n <li><b>IDEXX Laboratories</b>(NASDAQ:IDXX) shares were up 0.35% on Tuesday morning to hit a new 52-week high of $672.33.</li>\n <li><b>Dollar General</b>(NYSE:DG) shares broke to $227.16 on Tuesday, setting a new 52-week high with a change of up 0.95%.</li>\n <li><b>O'Reilly Automotive</b>(NASDAQ:ORLY) stock made a new 52-week high of $608.10 Tuesday. The stock was up 1.86% for the day.</li>\n <li><b>Hershey</b>(NYSE:HSY) stock set a new 52-week high of $182.22 Tuesday morning. Over the session, the stock traded up 1.23%.</li>\n <li><b>ResMed</b>(NYSE:RMD) shares achieved a new 52-week high on Tuesday morning, hitting $255.70 with a daily change of up 0.82%.</li>\n <li><b>SBA Communications</b>(NASDAQ:SBAC) stock on Tuesday broke to a yearly high of $337.98. Shares traded up 0.68%.</li>\n <li><b>Copart</b>(NASDAQ:CPRT) stock made a new 52-week high of $141.72 Tuesday. The stock was up 0.89% for the day.</li>\n <li><b>AvalonBay Communities</b>(NYSE:AVB) shares were up 1.78% on Tuesday to hit a new 52-week high of $227.75 for a change of up 1.78%.</li>\n <li><b>Equity Residential</b>(NYSE:EQR) shares broke to a new 52-week high of $84.06 on Tuesday. Shares of the company traded up 1.6%.</li>\n <li><b>Alexandria Real Estate</b>(NYSE:ARE) shares were up 1.23% on Tuesday to hit a new 52-week high of $194.68 for a change of up 1.23%.</li>\n <li><b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>(NYSE:WORK) stock set a new 52-week high of $45.28 Tuesday morning. Over the session, the stock traded up 0.2%.</li>\n <li><b>Dover</b>(NYSE:DOV) shares reached a new 52-week high of $159.66 on Tuesday morning, moving up 4.53%.</li>\n <li><b>Mid-America Apartment</b>(NYSE:MAA) shares were up 1.33% for the day, having made a 52-week high of $185.68.</li>\n <li><b>Tyler Technologies</b>(NYSE:TYL) shares broke to a new 52-week high of $486.21 on Tuesday. Shares of the company traded up 0.36%.</li>\n <li><b><a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Realty</b>(NYSE:DRE) stock set a new 52-week high of $51.06 Tuesday morning. Over the session, the stock traded up 1.61%.</li>\n <li><b>UDR</b>(NYSE:UDR) shares hit a yearly high of $53.98. The stock traded up 1.97% on the session.</li>\n <li><b>Equity Lifestyle Props</b>(NYSE:ELS) shares hit a yearly high of $81.54. The stock traded up 2.83% on the session.</li>\n <li><b>Alliant Energy</b>(NASDAQ:LNT) stock made a new 52-week high of $59.23 Tuesday. The stock was up 1.81% for the day.</li>\n <li><b>Camden Prop Trust</b>(NYSE:CPT) shares broke to $145.58 on Tuesday, setting a new 52-week high with a change of up 1.58%.</li>\n <li><b><a href=\"https://laohu8.com/S/PFPT\">Proofpoint</a></b>(NASDAQ:PFPT) stock made a new 52-week high of $174.79 Tuesday. The stock was up 0.03% for the day.</li>\n <li><b>Service Corp Intl</b>(NYSE:SCI) shares reached a new 52-week high of $57.96 on Tuesday morning, moving up 2.71%.</li>\n <li><b><a href=\"https://laohu8.com/S/AN\">AutoNation</a></b>(NYSE:AN) shares were up 5.58% for the day, having made a 52-week high of $113.09.</li>\n <li><b>Rexford Industrial Realty</b>(NYSE:REXR) shares hit a yearly high of $60.10. The stock traded up 2.15% on the session.</li>\n <li><b>Tenet Healthcare</b>(NYSE:THC) shares hit a yearly high of $71.56. The stock traded up 9.02% on the session.</li>\n <li><b>First Industrial Realty</b>(NYSE:FR) shares broke to a new 52-week high of $54.94 on Tuesday. Shares of the company traded up 1.67%.</li>\n <li><b>Legend Biotech</b>(NASDAQ:LEGN) shares were up 1.91% on Tuesday to hit a new 52-week high of $45.91 for a change of up 1.91%.</li>\n <li><b>Rapid7</b>(NASDAQ:RPD) shares broke to a new 52-week high of $107.18 on Tuesday. Shares of the company traded up 3.12%.</li>\n <li><b>Idacorp</b>(NYSE:IDA) shares were up 2.14% on Tuesday to hit a new 52-week high of $105.08 for a change of up 2.14%.</li>\n <li><b>Agree Realty</b>(NYSE:ADC) stock on Tuesday broke to a yearly high of $74.10. Shares traded up 1.59%.</li>\n <li><b>W R Grace</b>(NYSE:GRA) shares were up 0.17% on Tuesday morning to hit a new 52-week high of $69.73.</li>\n <li><b>American States Water</b>(NYSE:AWR) shares broke to $87.10 on Tuesday, setting a new 52-week high with a change of up 1.82%.</li>\n <li><b>Prestige Consumer</b>(NYSE:PBH) shares set a new yearly high of $53.70 this morning. The stock was up 3.27% on the session.</li>\n <li><b>Covanta Holding</b>(NYSE:CVA) shares set a new 52-week high of $20.08 on Tuesday, moving up 0.13%.</li>\n <li><b>Heska</b>(NASDAQ:HSKA) shares were up 1.97% on Tuesday to hit a new 52-week high of $247.35 for a change of up 1.97%.</li>\n <li><b>Protagonist Therapeutics</b>(NASDAQ:PTGX) shares hit a yearly high of $48.15. The stock traded up 3.0% on the session.</li>\n <li><b>Erasca</b>(NASDAQ:ERAS) stock on Tuesday broke to a yearly high of $19.45. Shares traded up 5.77%.</li>\n <li><b><a href=\"https://laohu8.com/S/CSR\">Centerspace</a></b>(NYSE:CSR) shares were up 1.84% on Tuesday morning to hit a new 52-week high of $87.89.</li>\n <li><b>HealthStream</b>(NASDAQ:HSTM) stock on Tuesday broke to a yearly high of $29.04. Shares traded up 2.72%.</li>\n <li><b>Plymouth Industrial REIT</b>(NYSE:PLYM) shares set a new 52-week high of $22.02 on Tuesday, moving up 1.82%.</li>\n <li><b>MBIA</b>(NYSE:MBI) stock on Tuesday broke to a yearly high of $11.51. Shares traded up 2.69%.</li>\n <li><b>One <a href=\"https://laohu8.com/S/LFG.AU\">Liberty</a> Properties</b>(NYSE:OLP) shares broke to a new 52-week high of $29.92 on Tuesday. Shares of the company traded up 2.31%.</li>\n <li><b>Artisan Acquisition</b>(NASDAQ:ARTA) shares were up 7.24% on Tuesday to hit a new 52-week high of $10.51 for a change of up 7.24%.</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP) shares were up 16.28% on Tuesday morning to hit a new 52-week high of $20.11.</li>\n <li><b>Highland Global</b>(NYSE:HGLB) shares broke to $9.54 on Tuesday, setting a new 52-week high with a change of up 1.94%.</li>\n <li><b>MainStreet Bancshares</b>(NASDAQ:MNSB) shares broke to $24.83 on Tuesday, setting a new 52-week high with a change of up 6.14%.</li>\n <li><b><a href=\"https://laohu8.com/S/AEHR\">Aehr Test Systems</a></b>(NASDAQ:AEHR) shares reached a new 52-week high of $7.15 on Tuesday morning, moving down 3.92%.</li>\n <li><b>Luby's</b>(NYSE:LUB) shares achieved a new 52-week high on Tuesday morning, hitting $4.09 with a daily change of up 3.05%.</li>\n <li><b>Forward Pharma</b>(NASDAQ:FWP) shares achieved a new 52-week high on Tuesday morning, hitting $13.74 with a daily change of up 11.02%.</li>\n <li><b>HV Bancorp</b>(NASDAQ:HVBC) shares achieved a new 52-week high on Tuesday morning, hitting $22.21 with a daily change of up 1.28%.</li>\n <li><b>Equus Total Return</b>(NYSE:EQS) shares reached a new 52-week high of $2.91 on Tuesday morning, moving down 8.21%.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks That Hit 52-Week Highs On Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-20 22:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>On Tuesday morning, 54 companies achieved new highs for the year.</p>\n<p>Noteworthy Mentions:</p>\n<ul>\n <li>The largest company by market cap to set a new 52-week high was<b>Costco Wholesale</b>(NASDAQ:COST).</li>\n <li>The smallest company when considering market cap to set a new 52-week high was<b><a href=\"https://laohu8.com/S/EQS\">Equus Total Return</a></b>(NYSE:EQS).</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP)'s stock made the biggest move upwards, moving 16.28% to reach a new 52-week high.</li>\n</ul>\n<p>The following stocks set new 52-week highs during the first half-hour of trading on Tuesday:</p>\n<ul>\n <li><b>Costco Wholesale</b>(NASDAQ:COST) shares broke to a new 52-week high of $416.75 on Tuesday. Shares of the company traded up 0.5%.</li>\n <li><b>Moderna</b>(NASDAQ:MRNA) shares were up 6.55% on Tuesday morning to hit a new 52-week high of $335.85.</li>\n <li><b>Crown Castle Intl</b>(NYSE:CCI) shares were up 1.14% for the day, having made a 52-week high of $204.62.</li>\n <li><b>HCA Healthcare</b>(NYSE:HCA) stock made a new 52-week high of $249.58 Tuesday. The stock was up 11.21% for the day.</li>\n <li><b>IDEXX Laboratories</b>(NASDAQ:IDXX) shares were up 0.35% on Tuesday morning to hit a new 52-week high of $672.33.</li>\n <li><b>Dollar General</b>(NYSE:DG) shares broke to $227.16 on Tuesday, setting a new 52-week high with a change of up 0.95%.</li>\n <li><b>O'Reilly Automotive</b>(NASDAQ:ORLY) stock made a new 52-week high of $608.10 Tuesday. The stock was up 1.86% for the day.</li>\n <li><b>Hershey</b>(NYSE:HSY) stock set a new 52-week high of $182.22 Tuesday morning. Over the session, the stock traded up 1.23%.</li>\n <li><b>ResMed</b>(NYSE:RMD) shares achieved a new 52-week high on Tuesday morning, hitting $255.70 with a daily change of up 0.82%.</li>\n <li><b>SBA Communications</b>(NASDAQ:SBAC) stock on Tuesday broke to a yearly high of $337.98. Shares traded up 0.68%.</li>\n <li><b>Copart</b>(NASDAQ:CPRT) stock made a new 52-week high of $141.72 Tuesday. The stock was up 0.89% for the day.</li>\n <li><b>AvalonBay Communities</b>(NYSE:AVB) shares were up 1.78% on Tuesday to hit a new 52-week high of $227.75 for a change of up 1.78%.</li>\n <li><b>Equity Residential</b>(NYSE:EQR) shares broke to a new 52-week high of $84.06 on Tuesday. Shares of the company traded up 1.6%.</li>\n <li><b>Alexandria Real Estate</b>(NYSE:ARE) shares were up 1.23% on Tuesday to hit a new 52-week high of $194.68 for a change of up 1.23%.</li>\n <li><b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>(NYSE:WORK) stock set a new 52-week high of $45.28 Tuesday morning. Over the session, the stock traded up 0.2%.</li>\n <li><b>Dover</b>(NYSE:DOV) shares reached a new 52-week high of $159.66 on Tuesday morning, moving up 4.53%.</li>\n <li><b>Mid-America Apartment</b>(NYSE:MAA) shares were up 1.33% for the day, having made a 52-week high of $185.68.</li>\n <li><b>Tyler Technologies</b>(NYSE:TYL) shares broke to a new 52-week high of $486.21 on Tuesday. Shares of the company traded up 0.36%.</li>\n <li><b><a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Realty</b>(NYSE:DRE) stock set a new 52-week high of $51.06 Tuesday morning. Over the session, the stock traded up 1.61%.</li>\n <li><b>UDR</b>(NYSE:UDR) shares hit a yearly high of $53.98. The stock traded up 1.97% on the session.</li>\n <li><b>Equity Lifestyle Props</b>(NYSE:ELS) shares hit a yearly high of $81.54. The stock traded up 2.83% on the session.</li>\n <li><b>Alliant Energy</b>(NASDAQ:LNT) stock made a new 52-week high of $59.23 Tuesday. The stock was up 1.81% for the day.</li>\n <li><b>Camden Prop Trust</b>(NYSE:CPT) shares broke to $145.58 on Tuesday, setting a new 52-week high with a change of up 1.58%.</li>\n <li><b><a href=\"https://laohu8.com/S/PFPT\">Proofpoint</a></b>(NASDAQ:PFPT) stock made a new 52-week high of $174.79 Tuesday. The stock was up 0.03% for the day.</li>\n <li><b>Service Corp Intl</b>(NYSE:SCI) shares reached a new 52-week high of $57.96 on Tuesday morning, moving up 2.71%.</li>\n <li><b><a href=\"https://laohu8.com/S/AN\">AutoNation</a></b>(NYSE:AN) shares were up 5.58% for the day, having made a 52-week high of $113.09.</li>\n <li><b>Rexford Industrial Realty</b>(NYSE:REXR) shares hit a yearly high of $60.10. The stock traded up 2.15% on the session.</li>\n <li><b>Tenet Healthcare</b>(NYSE:THC) shares hit a yearly high of $71.56. The stock traded up 9.02% on the session.</li>\n <li><b>First Industrial Realty</b>(NYSE:FR) shares broke to a new 52-week high of $54.94 on Tuesday. Shares of the company traded up 1.67%.</li>\n <li><b>Legend Biotech</b>(NASDAQ:LEGN) shares were up 1.91% on Tuesday to hit a new 52-week high of $45.91 for a change of up 1.91%.</li>\n <li><b>Rapid7</b>(NASDAQ:RPD) shares broke to a new 52-week high of $107.18 on Tuesday. Shares of the company traded up 3.12%.</li>\n <li><b>Idacorp</b>(NYSE:IDA) shares were up 2.14% on Tuesday to hit a new 52-week high of $105.08 for a change of up 2.14%.</li>\n <li><b>Agree Realty</b>(NYSE:ADC) stock on Tuesday broke to a yearly high of $74.10. Shares traded up 1.59%.</li>\n <li><b>W R Grace</b>(NYSE:GRA) shares were up 0.17% on Tuesday morning to hit a new 52-week high of $69.73.</li>\n <li><b>American States Water</b>(NYSE:AWR) shares broke to $87.10 on Tuesday, setting a new 52-week high with a change of up 1.82%.</li>\n <li><b>Prestige Consumer</b>(NYSE:PBH) shares set a new yearly high of $53.70 this morning. The stock was up 3.27% on the session.</li>\n <li><b>Covanta Holding</b>(NYSE:CVA) shares set a new 52-week high of $20.08 on Tuesday, moving up 0.13%.</li>\n <li><b>Heska</b>(NASDAQ:HSKA) shares were up 1.97% on Tuesday to hit a new 52-week high of $247.35 for a change of up 1.97%.</li>\n <li><b>Protagonist Therapeutics</b>(NASDAQ:PTGX) shares hit a yearly high of $48.15. The stock traded up 3.0% on the session.</li>\n <li><b>Erasca</b>(NASDAQ:ERAS) stock on Tuesday broke to a yearly high of $19.45. Shares traded up 5.77%.</li>\n <li><b><a href=\"https://laohu8.com/S/CSR\">Centerspace</a></b>(NYSE:CSR) shares were up 1.84% on Tuesday morning to hit a new 52-week high of $87.89.</li>\n <li><b>HealthStream</b>(NASDAQ:HSTM) stock on Tuesday broke to a yearly high of $29.04. Shares traded up 2.72%.</li>\n <li><b>Plymouth Industrial REIT</b>(NYSE:PLYM) shares set a new 52-week high of $22.02 on Tuesday, moving up 1.82%.</li>\n <li><b>MBIA</b>(NYSE:MBI) stock on Tuesday broke to a yearly high of $11.51. Shares traded up 2.69%.</li>\n <li><b>One <a href=\"https://laohu8.com/S/LFG.AU\">Liberty</a> Properties</b>(NYSE:OLP) shares broke to a new 52-week high of $29.92 on Tuesday. Shares of the company traded up 2.31%.</li>\n <li><b>Artisan Acquisition</b>(NASDAQ:ARTA) shares were up 7.24% on Tuesday to hit a new 52-week high of $10.51 for a change of up 7.24%.</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP) shares were up 16.28% on Tuesday morning to hit a new 52-week high of $20.11.</li>\n <li><b>Highland Global</b>(NYSE:HGLB) shares broke to $9.54 on Tuesday, setting a new 52-week high with a change of up 1.94%.</li>\n <li><b>MainStreet Bancshares</b>(NASDAQ:MNSB) shares broke to $24.83 on Tuesday, setting a new 52-week high with a change of up 6.14%.</li>\n <li><b><a href=\"https://laohu8.com/S/AEHR\">Aehr Test Systems</a></b>(NASDAQ:AEHR) shares reached a new 52-week high of $7.15 on Tuesday morning, moving down 3.92%.</li>\n <li><b>Luby's</b>(NYSE:LUB) shares achieved a new 52-week high on Tuesday morning, hitting $4.09 with a daily change of up 3.05%.</li>\n <li><b>Forward Pharma</b>(NASDAQ:FWP) shares achieved a new 52-week high on Tuesday morning, hitting $13.74 with a daily change of up 11.02%.</li>\n <li><b>HV Bancorp</b>(NASDAQ:HVBC) shares achieved a new 52-week high on Tuesday morning, hitting $22.21 with a daily change of up 1.28%.</li>\n <li><b>Equus Total Return</b>(NYSE:EQS) shares reached a new 52-week high of $2.91 on Tuesday morning, moving down 8.21%.</li>\n</ul>\n\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":"1155810329","content_text":"On Tuesday morning, 54 companies achieved new highs for the year.\nNoteworthy Mentions:\n\nThe largest company by market cap to set a new 52-week high wasCostco Wholesale(NASDAQ:COST).\nThe smallest company when considering market cap to set a new 52-week high wasEquus Total Return(NYSE:EQS).\nPLx Pharma(NASDAQ:PLXP)'s stock made the biggest move upwards, moving 16.28% to reach a new 52-week high.\n\nThe following stocks set new 52-week highs during the first half-hour of trading on Tuesday:\n\nCostco Wholesale(NASDAQ:COST) shares broke to a new 52-week high of $416.75 on Tuesday. Shares of the company traded up 0.5%.\nModerna(NASDAQ:MRNA) shares were up 6.55% on Tuesday morning to hit a new 52-week high of $335.85.\nCrown Castle Intl(NYSE:CCI) shares were up 1.14% for the day, having made a 52-week high of $204.62.\nHCA Healthcare(NYSE:HCA) stock made a new 52-week high of $249.58 Tuesday. The stock was up 11.21% for the day.\nIDEXX Laboratories(NASDAQ:IDXX) shares were up 0.35% on Tuesday morning to hit a new 52-week high of $672.33.\nDollar General(NYSE:DG) shares broke to $227.16 on Tuesday, setting a new 52-week high with a change of up 0.95%.\nO'Reilly Automotive(NASDAQ:ORLY) stock made a new 52-week high of $608.10 Tuesday. The stock was up 1.86% for the day.\nHershey(NYSE:HSY) stock set a new 52-week high of $182.22 Tuesday morning. Over the session, the stock traded up 1.23%.\nResMed(NYSE:RMD) shares achieved a new 52-week high on Tuesday morning, hitting $255.70 with a daily change of up 0.82%.\nSBA Communications(NASDAQ:SBAC) stock on Tuesday broke to a yearly high of $337.98. Shares traded up 0.68%.\nCopart(NASDAQ:CPRT) stock made a new 52-week high of $141.72 Tuesday. The stock was up 0.89% for the day.\nAvalonBay Communities(NYSE:AVB) shares were up 1.78% on Tuesday to hit a new 52-week high of $227.75 for a change of up 1.78%.\nEquity Residential(NYSE:EQR) shares broke to a new 52-week high of $84.06 on Tuesday. Shares of the company traded up 1.6%.\nAlexandria Real Estate(NYSE:ARE) shares were up 1.23% on Tuesday to hit a new 52-week high of $194.68 for a change of up 1.23%.\nSlack Technologies(NYSE:WORK) stock set a new 52-week high of $45.28 Tuesday morning. Over the session, the stock traded up 0.2%.\nDover(NYSE:DOV) shares reached a new 52-week high of $159.66 on Tuesday morning, moving up 4.53%.\nMid-America Apartment(NYSE:MAA) shares were up 1.33% for the day, having made a 52-week high of $185.68.\nTyler Technologies(NYSE:TYL) shares broke to a new 52-week high of $486.21 on Tuesday. Shares of the company traded up 0.36%.\nDuke Realty(NYSE:DRE) stock set a new 52-week high of $51.06 Tuesday morning. Over the session, the stock traded up 1.61%.\nUDR(NYSE:UDR) shares hit a yearly high of $53.98. The stock traded up 1.97% on the session.\nEquity Lifestyle Props(NYSE:ELS) shares hit a yearly high of $81.54. The stock traded up 2.83% on the session.\nAlliant Energy(NASDAQ:LNT) stock made a new 52-week high of $59.23 Tuesday. The stock was up 1.81% for the day.\nCamden Prop Trust(NYSE:CPT) shares broke to $145.58 on Tuesday, setting a new 52-week high with a change of up 1.58%.\nProofpoint(NASDAQ:PFPT) stock made a new 52-week high of $174.79 Tuesday. The stock was up 0.03% for the day.\nService Corp Intl(NYSE:SCI) shares reached a new 52-week high of $57.96 on Tuesday morning, moving up 2.71%.\nAutoNation(NYSE:AN) shares were up 5.58% for the day, having made a 52-week high of $113.09.\nRexford Industrial Realty(NYSE:REXR) shares hit a yearly high of $60.10. The stock traded up 2.15% on the session.\nTenet Healthcare(NYSE:THC) shares hit a yearly high of $71.56. The stock traded up 9.02% on the session.\nFirst Industrial Realty(NYSE:FR) shares broke to a new 52-week high of $54.94 on Tuesday. Shares of the company traded up 1.67%.\nLegend Biotech(NASDAQ:LEGN) shares were up 1.91% on Tuesday to hit a new 52-week high of $45.91 for a change of up 1.91%.\nRapid7(NASDAQ:RPD) shares broke to a new 52-week high of $107.18 on Tuesday. Shares of the company traded up 3.12%.\nIdacorp(NYSE:IDA) shares were up 2.14% on Tuesday to hit a new 52-week high of $105.08 for a change of up 2.14%.\nAgree Realty(NYSE:ADC) stock on Tuesday broke to a yearly high of $74.10. Shares traded up 1.59%.\nW R Grace(NYSE:GRA) shares were up 0.17% on Tuesday morning to hit a new 52-week high of $69.73.\nAmerican States Water(NYSE:AWR) shares broke to $87.10 on Tuesday, setting a new 52-week high with a change of up 1.82%.\nPrestige Consumer(NYSE:PBH) shares set a new yearly high of $53.70 this morning. The stock was up 3.27% on the session.\nCovanta Holding(NYSE:CVA) shares set a new 52-week high of $20.08 on Tuesday, moving up 0.13%.\nHeska(NASDAQ:HSKA) shares were up 1.97% on Tuesday to hit a new 52-week high of $247.35 for a change of up 1.97%.\nProtagonist Therapeutics(NASDAQ:PTGX) shares hit a yearly high of $48.15. The stock traded up 3.0% on the session.\nErasca(NASDAQ:ERAS) stock on Tuesday broke to a yearly high of $19.45. Shares traded up 5.77%.\nCenterspace(NYSE:CSR) shares were up 1.84% on Tuesday morning to hit a new 52-week high of $87.89.\nHealthStream(NASDAQ:HSTM) stock on Tuesday broke to a yearly high of $29.04. Shares traded up 2.72%.\nPlymouth Industrial REIT(NYSE:PLYM) shares set a new 52-week high of $22.02 on Tuesday, moving up 1.82%.\nMBIA(NYSE:MBI) stock on Tuesday broke to a yearly high of $11.51. Shares traded up 2.69%.\nOne Liberty Properties(NYSE:OLP) shares broke to a new 52-week high of $29.92 on Tuesday. Shares of the company traded up 2.31%.\nArtisan Acquisition(NASDAQ:ARTA) shares were up 7.24% on Tuesday to hit a new 52-week high of $10.51 for a change of up 7.24%.\nPLx Pharma(NASDAQ:PLXP) shares were up 16.28% on Tuesday morning to hit a new 52-week high of $20.11.\nHighland Global(NYSE:HGLB) shares broke to $9.54 on Tuesday, setting a new 52-week high with a change of up 1.94%.\nMainStreet Bancshares(NASDAQ:MNSB) shares broke to $24.83 on Tuesday, setting a new 52-week high with a change of up 6.14%.\nAehr Test Systems(NASDAQ:AEHR) shares reached a new 52-week high of $7.15 on Tuesday morning, moving down 3.92%.\nLuby's(NYSE:LUB) shares achieved a new 52-week high on Tuesday morning, hitting $4.09 with a daily change of up 3.05%.\nForward Pharma(NASDAQ:FWP) shares achieved a new 52-week high on Tuesday morning, hitting $13.74 with a daily change of up 11.02%.\nHV Bancorp(NASDAQ:HVBC) shares achieved a new 52-week high on Tuesday morning, hitting $22.21 with a daily change of up 1.28%.\nEquus Total Return(NYSE:EQS) shares reached a new 52-week high of $2.91 on Tuesday morning, moving down 8.21%.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":832216558,"gmtCreate":1629637921574,"gmtModify":1633683639933,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/832216558","repostId":"1133515985","repostType":4,"isVote":1,"tweetType":1,"viewCount":1254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897641004,"gmtCreate":1628916174908,"gmtModify":1633688503017,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897641004","repostId":"1149823415","repostType":4,"repost":{"id":"1149823415","kind":"news","pubTimestamp":1628909753,"share":"https://www.laohu8.com/m/news/1149823415?lang=&edition=full","pubTime":"2021-08-14 10:55","market":"us","language":"en","title":"Where Will Virgin Galactic Stock Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149823415","media":"seekingalpha","summary":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"d","content":"<p><b>Summary</b></p>\n<ul>\n <li>Virgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.</li>\n <li>However, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.</li>\n <li>We would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.</li>\n <li>Lastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00922c9874a28954c08c613b8dbf378b\" tg-width=\"768\" tg-height=\"493\" width=\"100%\" height=\"auto\"><span>Nastco/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Back in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.</p>\n<p>Since then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from&nbsp;late Q3'CY22.</p>\n<p>This article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.</p>\n<p>Lastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.</p>\n<p><b>Revisions to Virgin Galactic's Mean Consensus Estimates</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e15e65a740bf4a03405cd6f31e82bfc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>May's consensus revenue estimates &amp; Aug's consensus revenue estimates. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/149d99203d29b3a3e785096ccc509c57\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Scale of revised estimates (Between May and Aug estimates). Data source: S&amp;P Capital IQ</span></p>\n<p>Investors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.</p>\n<p><b>Private Commercial Full Revenue Service is Expected from Q3'CY22</b></p>\n<p>SPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.</p>\n<p>As a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.</p>\n<p>However, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:</p>\n<blockquote>\n These enhancements\n <i>could potentially allow Eve to fly 100 flights between major maintenance inspections</i>. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n</blockquote>\n<p>In addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"</p>\n<p>The Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"</p>\n<p>Sure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:</p>\n<blockquote>\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n <i>that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today</i>.\"\n</blockquote>\n<p>If investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:</p>\n<blockquote>\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n</blockquote>\n<p>We are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).</p>\n<p><b>Are There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?</b></p>\n<p>Yes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket&nbsp;holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"</p>\n<p>Investors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"</p>\n<p>The company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"</p>\n<p>Importantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.</p>\n<p>Virgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience<b><i>.</i></b>And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"</p>\n<p><b>Strong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage</b></p>\n<p>Astute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.</p>\n<p>Based on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.</p>\n<p>The initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.</p>\n<p>However, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.</p>\n<p>Part of the reason that the company needed to raise the&nbsp;$500M equity&nbsp;offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.</p>\n<p>Crucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"</p>\n<p><b>Competing Against Blue Origin</b></p>\n<p>We think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.</p>\n<p>While we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture&nbsp;and the technology we have chosen is complete overkill for a suborbital tourism mission.”</p>\n<p>We think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"</p>\n<p>Therefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.</p>\n<p>One thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.</p>\n<p>Virgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.</p>\n<p><b>Free Cash Flow Forecast &amp; Valuations</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48be5e8da375fdc72591e31b96a223f4\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>EBITDA margin forecast &amp; CapEx margin forecast. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57509b52b1c0ac46a44e7a0dd619bd97\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>EV / Fwd EBITDA trend. Data Source: S&amp;P Capital IQ</span></p>\n<p>Despite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.</p>\n<p>However, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1084f3186f9732fad8d28b824c65de2a\" tg-width=\"640\" tg-height=\"472\" width=\"100%\" height=\"auto\"><span>Street's mean price target. Source: TIKR</span></p>\n<p>The Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.</p>\n<p>While we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.</p>\n<p><b>SPCE Stock Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f872b3e8670eac6d5ca4d8afce15200\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>While we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.</p>\n<p>SPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.</p>\n<p>In summary, we assign a neutral rating to SPCE for long-term investors.</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>Where Will Virgin Galactic Stock Be In 10 Years?</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will Virgin Galactic Stock Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company'...</p>\n\n<a href=\"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149823415","content_text":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.\nWe would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.\nLastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.\n\nNastco/iStock via Getty Images\nInvestment Thesis\nBack in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.\nSince then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from late Q3'CY22.\nThis article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.\nLastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.\nRevisions to Virgin Galactic's Mean Consensus Estimates\nMay's consensus revenue estimates & Aug's consensus revenue estimates. Data source: S&P Capital IQ\nScale of revised estimates (Between May and Aug estimates). Data source: S&P Capital IQ\nInvestors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.\nPrivate Commercial Full Revenue Service is Expected from Q3'CY22\nSPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.\nAs a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.\nHowever, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:\n\n These enhancements\n could potentially allow Eve to fly 100 flights between major maintenance inspections. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n\nIn addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"\nThe Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"\nSure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:\n\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today.\"\n\nIf investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:\n\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n\nWe are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).\nAre There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?\nYes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"\nInvestors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"\nThe company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"\nImportantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.\nVirgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience.And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"\nStrong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage\nAstute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.\nBased on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.\nThe initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.\nHowever, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.\nPart of the reason that the company needed to raise the $500M equity offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.\nCrucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"\nCompeting Against Blue Origin\nWe think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.\nWhile we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture and the technology we have chosen is complete overkill for a suborbital tourism mission.”\nWe think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"\nTherefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.\nOne thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.\nVirgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.\nFree Cash Flow Forecast & Valuations\nEBITDA margin forecast & CapEx margin forecast. Data source: S&P Capital IQ\nEV / Fwd EBITDA trend. Data Source: S&P Capital IQ\nDespite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.\nHowever, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.\nStreet's mean price target. Source: TIKR\nThe Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.\nWhile we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.\nSPCE Stock Price Action and Trend Analysis\nSource: TradingView\nWhile we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.\nSPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.\nIn summary, we assign a neutral rating to SPCE for long-term investors.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":2429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898005268,"gmtCreate":1628438914554,"gmtModify":1633747138250,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898005268","repostId":"2157490509","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173359520,"gmtCreate":1626620478060,"gmtModify":1633925452878,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173359520","repostId":"2152968147","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816494104,"gmtCreate":1630511551708,"gmtModify":1632475255210,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Another run coming?","listText":"Another run coming?","text":"Another run coming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816494104","repostId":"2164897643","repostType":4,"isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819526360,"gmtCreate":1630078870950,"gmtModify":1704955713725,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819526360","repostId":"1199074003","repostType":4,"isVote":1,"tweetType":1,"viewCount":1813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178188888,"gmtCreate":1626791968644,"gmtModify":1633770981759,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/178188888","repostId":"1155810329","repostType":4,"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127008232,"gmtCreate":1624799788626,"gmtModify":1633948528475,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127008232","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831963052,"gmtCreate":1629280378476,"gmtModify":1633686018574,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831963052","repostId":"1160063301","repostType":4,"repost":{"id":"1160063301","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629279635,"share":"https://www.laohu8.com/m/news/1160063301?lang=&edition=full","pubTime":"2021-08-18 17:40","market":"us","language":"en","title":"Apple Sees Delay In Its Shift Away From China Due To COVID-19: Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1160063301","media":"Benzinga","summary":"Apple is slowing plans to shift production from China to Vietnam as governments tighten border contr","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b>&nbsp;is slowing plans to shift production from&nbsp;<b>China</b>&nbsp;to&nbsp;<b>Vietnam</b>&nbsp;as governments tighten border controls to contain outbreaks of new variants of the coronavirus, Nikkei Asiareportedon Tuesday, citing sources.</p>\n<p><b>What Happened:</b>&nbsp;The Cupertino, California-based tech giant plans to start mass production of its latest&nbsp;<b>AirPods</b>&nbsp;earphones in China instead of Vietnam as previously planned.</p>\n<p>Apple reportedly still aims to move around 20% of new AirPods production to Vietnam at some point in the future.</p>\n<p>AirPods were among the first products that Apple began making in significant amounts in Vietnam after moving production there about two years ago during the peak of U.S.-China trade tensions.</p>\n<p>The&nbsp;<b>Tim Cook</b>-led company's plan to bring some&nbsp;<b>MacBook</b>&nbsp;and&nbsp;<b>iPad</b>&nbsp;production to Vietnam has also been put on hold.</p>\n<p>Apple is not alone, as other tech biggies such as Google parent&nbsp;<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> and&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> are facing similar delays, the Nikkei&nbsp;noted.</p>\n<p><b>Why It Matters:</b>&nbsp;Vietnam’s young labor force made it an ideal draw for U.S. based tech manufacturers, especially when Washington began imposing punitive tariffs on Chinese-made goods in 2018. Suppliers of Apple, Google, Amazon, Microsoft and&nbsp;<a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc.</a> have already set up or expanded factories in the country over the past few years.</p>\n<p>Both China and Vietnam have adopted stricter border control measures this year, which has slowed the production shift between the two countries due to COVID-19 resurgence and government measures.</p>\n<p><b>Price Action:</b>&nbsp;Apple shares closed 0.62% lower at $150.19 on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Sees Delay In Its Shift Away From China Due To COVID-19: Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sees Delay In Its Shift Away From China Due To COVID-19: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-18 17:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b>&nbsp;is slowing plans to shift production from&nbsp;<b>China</b>&nbsp;to&nbsp;<b>Vietnam</b>&nbsp;as governments tighten border controls to contain outbreaks of new variants of the coronavirus, Nikkei Asiareportedon Tuesday, citing sources.</p>\n<p><b>What Happened:</b>&nbsp;The Cupertino, California-based tech giant plans to start mass production of its latest&nbsp;<b>AirPods</b>&nbsp;earphones in China instead of Vietnam as previously planned.</p>\n<p>Apple reportedly still aims to move around 20% of new AirPods production to Vietnam at some point in the future.</p>\n<p>AirPods were among the first products that Apple began making in significant amounts in Vietnam after moving production there about two years ago during the peak of U.S.-China trade tensions.</p>\n<p>The&nbsp;<b>Tim Cook</b>-led company's plan to bring some&nbsp;<b>MacBook</b>&nbsp;and&nbsp;<b>iPad</b>&nbsp;production to Vietnam has also been put on hold.</p>\n<p>Apple is not alone, as other tech biggies such as Google parent&nbsp;<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> and&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> are facing similar delays, the Nikkei&nbsp;noted.</p>\n<p><b>Why It Matters:</b>&nbsp;Vietnam’s young labor force made it an ideal draw for U.S. based tech manufacturers, especially when Washington began imposing punitive tariffs on Chinese-made goods in 2018. Suppliers of Apple, Google, Amazon, Microsoft and&nbsp;<a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc.</a> have already set up or expanded factories in the country over the past few years.</p>\n<p>Both China and Vietnam have adopted stricter border control measures this year, which has slowed the production shift between the two countries due to COVID-19 resurgence and government measures.</p>\n<p><b>Price Action:</b>&nbsp;Apple shares closed 0.62% lower at $150.19 on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160063301","content_text":"Apple is slowing plans to shift production from China to Vietnam as governments tighten border controls to contain outbreaks of new variants of the coronavirus, Nikkei Asiareportedon Tuesday, citing sources.\nWhat Happened: The Cupertino, California-based tech giant plans to start mass production of its latest AirPods earphones in China instead of Vietnam as previously planned.\nApple reportedly still aims to move around 20% of new AirPods production to Vietnam at some point in the future.\nAirPods were among the first products that Apple began making in significant amounts in Vietnam after moving production there about two years ago during the peak of U.S.-China trade tensions.\nThe Tim Cook-led company's plan to bring some MacBook and iPad production to Vietnam has also been put on hold.\nApple is not alone, as other tech biggies such as Google parent Alphabet and Amazon.com are facing similar delays, the Nikkei noted.\nWhy It Matters: Vietnam’s young labor force made it an ideal draw for U.S. based tech manufacturers, especially when Washington began imposing punitive tariffs on Chinese-made goods in 2018. Suppliers of Apple, Google, Amazon, Microsoft and Dell Technologies Inc. have already set up or expanded factories in the country over the past few years.\nBoth China and Vietnam have adopted stricter border control measures this year, which has slowed the production shift between the two countries due to COVID-19 resurgence and government measures.\nPrice Action: Apple shares closed 0.62% lower at $150.19 on Tuesday.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895844642,"gmtCreate":1628735571186,"gmtModify":1633689888853,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895844642","repostId":"2158235575","repostType":4,"isVote":1,"tweetType":1,"viewCount":2373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177370736,"gmtCreate":1627183217325,"gmtModify":1633767368699,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"More room to go up","listText":"More room to go up","text":"More room to go 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21:47","market":"us","language":"en","title":"AMZN Is The Only FAAMG Stock Off Its Peak. Buy The Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=1151569309","media":"Thestreet","summary":"Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven di","content":"<p>Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven discusses the buy-on-dip opportunity.</p>\n<p>Something atypical has been happening in the world of Big Tech lately. As of the end of August 2021, which was only a couple of days ago, Amazon stock&nbsp;(<b>AMZN</b>)&nbsp;was the only FAAMG name trading off its peak – defined here as 1% or more from the all-time high price.</p>\n<p>Could this be a chance for bargain hunters to load up on AMZN? Today, the Amazon Maven talks about the buy-on-dip opportunity in September.</p>\n<p><b>Amazon stock: rare laggard</b></p>\n<p>The chart below shows how often the five FAAMG stocks have traded off their all-time highs, in percentage of total trading days, over the past five years. Nearly half the time (42%), all five of them have been at least 1% away from their historical top at once.</p>\n<p>This makes logical sense to me. Tech stock prices tend to be volatile and often “peel off” from their highs, even though shares have generally headed higher over a longer time horizon.</p>\n<p>The least common occurrence has been for only one FAAMG stock to be in the hole, while all others hover near peaks. This has happened, on average, only 1 out of every 12 to 13 trading sessions (i.e. one day per two or three weeks). This is exactly what was happening to Amazon stock at the end of August.</p>\n<p>Once again, this makes intuitive sense. Roughly speaking, FAAMG stocks behave similarly to the macroeconomic and broad market forces. Healthy consumer spending, economic growth, market enthusiasm and low interest rates are all bullish factors across the entire peer group.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a09638bca8fb5d57bada216196f071c\" tg-width=\"1200\" tg-height=\"686\" referrerpolicy=\"no-referrer\"><span>Figure 2: Number of FAAMG stocks off peak. data from Yahoo Finance</span></p>\n<h3>Buy-the-dip opportunity</h3>\n<p>In my view, Amazon’s loser status within the peer group (measured in this case by drawdowns) is still reminiscent of the company’sill-received third quarter earnings report. Back in July, the Seattle-based giant burst analysts’ and investors’ bubble, delivering e-commerce revenues that lagged consensus.</p>\n<p>Amazon is not out of the doghouse yet. While COVID-19 fears have lingered, fueling some hopes that the digital retail channel will still perform well in the second half of 2021, the global economies should gradually (and hopefully) reopen and return to “a new normal” over the next 12 months. Therefore, e-commerce headwinds in the foreseeable future are certainly not out of question.</p>\n<p>However,history has shown time and again&nbsp;that buying Amazon stock on pullbacks is a good strategy. While the current drawdown of only 5% to 10% may not seem like much,I believe that reasonable valuation&nbsp;shelp to set up AMZN for higher-than-peer group returns over the next several months.</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>AMZN Is The Only FAAMG Stock Off Its Peak. Buy The Dip?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMZN Is The Only FAAMG Stock Off Its Peak. Buy The Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/amzn-is-the-only-faamg-stock-off-its-peak-buy-the-dip><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven discusses the buy-on-dip opportunity.\nSomething atypical has been happening in the world of Big Tech ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amzn-is-the-only-faamg-stock-off-its-peak-buy-the-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amzn-is-the-only-faamg-stock-off-its-peak-buy-the-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151569309","content_text":"Within the FAAMG peer group, Amazon stock is the only one off its all-time high. The Amazon Maven discusses the buy-on-dip opportunity.\nSomething atypical has been happening in the world of Big Tech lately. As of the end of August 2021, which was only a couple of days ago, Amazon stock (AMZN) was the only FAAMG name trading off its peak – defined here as 1% or more from the all-time high price.\nCould this be a chance for bargain hunters to load up on AMZN? Today, the Amazon Maven talks about the buy-on-dip opportunity in September.\nAmazon stock: rare laggard\nThe chart below shows how often the five FAAMG stocks have traded off their all-time highs, in percentage of total trading days, over the past five years. Nearly half the time (42%), all five of them have been at least 1% away from their historical top at once.\nThis makes logical sense to me. Tech stock prices tend to be volatile and often “peel off” from their highs, even though shares have generally headed higher over a longer time horizon.\nThe least common occurrence has been for only one FAAMG stock to be in the hole, while all others hover near peaks. This has happened, on average, only 1 out of every 12 to 13 trading sessions (i.e. one day per two or three weeks). This is exactly what was happening to Amazon stock at the end of August.\nOnce again, this makes intuitive sense. Roughly speaking, FAAMG stocks behave similarly to the macroeconomic and broad market forces. Healthy consumer spending, economic growth, market enthusiasm and low interest rates are all bullish factors across the entire peer group.\nFigure 2: Number of FAAMG stocks off peak. data from Yahoo Finance\nBuy-the-dip opportunity\nIn my view, Amazon’s loser status within the peer group (measured in this case by drawdowns) is still reminiscent of the company’sill-received third quarter earnings report. Back in July, the Seattle-based giant burst analysts’ and investors’ bubble, delivering e-commerce revenues that lagged consensus.\nAmazon is not out of the doghouse yet. While COVID-19 fears have lingered, fueling some hopes that the digital retail channel will still perform well in the second half of 2021, the global economies should gradually (and hopefully) reopen and return to “a new normal” over the next 12 months. Therefore, e-commerce headwinds in the foreseeable future are certainly not out of question.\nHowever,history has shown time and again that buying Amazon stock on pullbacks is a good strategy. While the current drawdown of only 5% to 10% may not seem like much,I believe that reasonable valuation shelp to set up AMZN for higher-than-peer group returns over the next several months.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898523949,"gmtCreate":1628512383281,"gmtModify":1633746571570,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Mstr","listText":"Mstr","text":"Mstr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898523949","repostId":"1122651143","repostType":4,"repost":{"id":"1122651143","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":1628508488,"share":"https://www.laohu8.com/m/news/1122651143?lang=&edition=full","pubTime":"2021-08-09 19:28","market":"us","language":"en","title":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1122651143","media":"Tiger Newspress","summary":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more tha","content":"<p>Crypto&nbsp;sector&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;premarket&nbsp;trading,BTCM&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;30%,BITF&nbsp;surged&nbsp;more&nbsp;than&nbsp;20%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ece56572cf91d8de69991add19a22f4\" tg-width=\"1287\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Investors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.</p>\n<p>Late last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).</p>\n<p>The acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.</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>Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-09 19:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto&nbsp;sector&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;premarket&nbsp;trading,BTCM&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;30%,BITF&nbsp;surged&nbsp;more&nbsp;than&nbsp;20%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ece56572cf91d8de69991add19a22f4\" tg-width=\"1287\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Investors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.</p>\n<p>Late last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).</p>\n<p>The acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTCM":"BIT Mining","BITF":"Bitfarms Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122651143","content_text":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.\nInvestors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.\nLate last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).\nThe acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.","news_type":1,"symbols_score_info":{"BITF":0.9,"BTCM":0.9}},"isVote":1,"tweetType":1,"viewCount":595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146852837,"gmtCreate":1626069159829,"gmtModify":1633930437576,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146852837","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148770956,"gmtCreate":1626033055775,"gmtModify":1633930854768,"author":{"id":"3582015941678991","authorId":"3582015941678991","name":"MG8000","avatar":"https://static.tigerbbs.com/ae04462881ae84bc3e097956d467e328","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582015941678991","authorIdStr":"3582015941678991"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148770956","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","kind":"news","pubTimestamp":1625966101,"share":"https://www.laohu8.com/m/news/1112201050?lang=&edition=full","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p>\n<p>When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p>\n<p>It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p>\n<p>The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p>\n<p>That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p>\n<p>While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p>\n<p>Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p>\n<p>A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p>\n<p><img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p>\n<p>“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p>\n<p>The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p>\n<p>Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p>\n<p>The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p>\n<p>Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p>\n<p>These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p>\n<p>To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p>\n<p>But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p>\n<p>“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p>\n<p>“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p>\n<p>Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p>\n<p>Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p>\n<p>But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p>\n<p><img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p>\n<p>“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p>\n<p>The swings you get can definitely make you feel some sort of way.</p>\n<p>— Matt Kohrs, 26, who streams stock analysis daily on YouTube</p>\n<p>It is now changing the lives of those who got in early and are still riding the names higher.</p>\n<p>Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p>\n<p>With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p>\n<p>“The swings you get can definitely make you feel some sort of way,” he says.</p>\n<p>Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p>\n<p>AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p>\n<p>Forget the boardroom. Corporate policy is now being determined in the chat room.</p>\n<p>Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p>\n<p>In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p>\n<p>There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p>\n<p>For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p>\n<p>For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p>\n<p>New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p>\n<p>“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p>\n<p>Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p>\n<p>Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p>\n<p>The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p>\n<p>The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p>\n<p>Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p>\n<p>As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p>\n<p>To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p>\n<p>Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p>\n<p>Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p>\n<p>“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p>\n<p>“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p>\n<p>The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p>\n<p>Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p>\n<p>Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p>\n<p>In one form or another, this is the future client base of Wall Street.</p>\n<p>Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p>\n<p>Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</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>The Meme Stock Trade Is Far From Over. What Investors Need to Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Meme Stock Trade Is Far From Over. What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CARV":"卡弗储蓄","SCHW":"嘉信理财","BBBY":"Bed Bath & Beyond Inc","CLOV":"Clover Health Corp","AMC":"AMC院线","BB":"黑莓","NEGG":"Newegg Comm Inc.","WKHS":"Workhorse Group, Inc.","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\n“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barron’s.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.\n“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\n“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.\nSosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.\nBut Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\n“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”\nThe swings you get can definitely make you feel some sort of way.\n— Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.\nWith 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\n“The swings you get can definitely make you feel some sort of way,” he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.\nFor retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\n“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\n“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barron’s for comment.\n“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”","news_type":1,"symbols_score_info":{"AMC":0.9,"BB":0.9,"BBBY":0.9,"CARV":0.9,"CLOV":0.9,"GME":0.9,"MRIN":0.9,"NEGG":0.9,"SCHW":0.9,"WKHS":0.9}},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}