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Klyy

Klyy

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2021-08-06

Please like! Thank you

Visa: Slowing Growth Rate, We May Need More

2021-08-04

Great!

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2021-07-30

Oh wow

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2021-09-25

So awesome

@yinfatt:$Palantir Technologies Inc.(PLTR)$好公司应该长期持有，对你有信心。

2021-08-04

Wow

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2021-10-22

Great

@旭阳特别帅:怎么过好这辈子？

2021-08-05

Wow!

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2021-08-04

Yes!

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2021-07-31

Great!

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2021-07-30

Great!

The $1.2 Trillion Infrastructure Bill Could Lift These Stocks

2021-07-28

Cool

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2021-07-28

.

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","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851324102","repostId":"821300666","repostType":1,"repost":{"id":821300666,"gmtCreate":1633694093872,"gmtModify":1744960741528,"author":{"id":"3434046638438343","authorId":"3434046638438343","name":"旭阳特别帅","avatar":"https://static.laohu8.com/bbe12234effaffbb31106d837a04c53f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3434046638438343","authorIdStr":"3434046638438343"},"themes":[],"title":"怎么过好这辈子？","htmlText":"众人望见东印度公司成群的战船，心生退意。伊丽莎白发表了振奋人心的宣讲：The other ships will still be looking to us,其他船上的兄弟都还在看着我们，the Black Pearl to lead,期待着黑珍珠上的我们能带领他们，and what will they see?他们会看到什么？Frightened bilgerats aboard a derelict ship?难道是一群胆小的鼠辈和一条失去斗志的破船？No, they will see free men and freedom!不，他们将看到自由的人和自由的精神！And the enemy will see the flash of our canons and they will hear the ringing of our swords and they will know what we can do!而我们的敌人将会看到我们利剑出鞘，呼啸的炮火，他们将见识到我们真正的力量！With the sweat of our brow and the strength of our backs and the courage in our hearts!让他们看看我们额头上流淌的汗水！挺直的脊梁！以及我们心中无尽的勇气！Gentlemen, Hoist the Colours！先生们！升起旗帜！甲君与乙君相聚于中秋，甲君在阳台养了不少绿植，还有小白狗一条。夏意已然褪去，清风拂面，煮了一壶茶，月饼数枚，花生一盘，招待乙君。于是两人攀谈起来：甲君：乙君，今天终于把你给盼来了，我之前一直想跟你唠唠，奈何一直没有机会，工作也忙。今日中秋，天朗气清，我看你心情也不错，我们互相来探讨个话题吧。乙君：甲君太客气了，中秋快乐啊，什么话题？甲君：你觉得人应该怎么过好自己的一生？乙君：这个","listText":"众人望见东印度公司成群的战船，心生退意。伊丽莎白发表了振奋人心的宣讲：The other ships will still be looking to us,其他船上的兄弟都还在看着我们，the Black Pearl to lead,期待着黑珍珠上的我们能带领他们，and what will they see?他们会看到什么？Frightened bilgerats aboard a derelict ship?难道是一群胆小的鼠辈和一条失去斗志的破船？No, they will see free men and freedom!不，他们将看到自由的人和自由的精神！And the enemy will see the flash of our canons and they will hear the ringing of our swords and they will know what we can do!而我们的敌人将会看到我们利剑出鞘，呼啸的炮火，他们将见识到我们真正的力量！With the sweat of our brow and the strength of our backs and the courage in our hearts!让他们看看我们额头上流淌的汗水！挺直的脊梁！以及我们心中无尽的勇气！Gentlemen, Hoist the Colours！先生们！升起旗帜！甲君与乙君相聚于中秋，甲君在阳台养了不少绿植，还有小白狗一条。夏意已然褪去，清风拂面，煮了一壶茶，月饼数枚，花生一盘，招待乙君。于是两人攀谈起来：甲君：乙君，今天终于把你给盼来了，我之前一直想跟你唠唠，奈何一直没有机会，工作也忙。今日中秋，天朗气清，我看你心情也不错，我们互相来探讨个话题吧。乙君：甲君太客气了，中秋快乐啊，什么话题？甲君：你觉得人应该怎么过好自己的一生？乙君：这个","text":"众人望见东印度公司成群的战船，心生退意。伊丽莎白发表了振奋人心的宣讲：The other ships will still be looking to us,其他船上的兄弟都还在看着我们，the Black Pearl to lead,期待着黑珍珠上的我们能带领他们，and what will they see?他们会看到什么？Frightened bilgerats aboard a derelict ship?难道是一群胆小的鼠辈和一条失去斗志的破船？No, they will see free men and freedom!不，他们将看到自由的人和自由的精神！And the enemy will see the flash of our canons and they will hear the ringing of our swords and they will know what we can do!而我们的敌人将会看到我们利剑出鞘，呼啸的炮火，他们将见识到我们真正的力量！With the sweat of our brow and the strength of our backs and the courage in our hearts!让他们看看我们额头上流淌的汗水！挺直的脊梁！以及我们心中无尽的勇气！Gentlemen, Hoist the Colours！先生们！升起旗帜！甲君与乙君相聚于中秋，甲君在阳台养了不少绿植，还有小白狗一条。夏意已然褪去，清风拂面，煮了一壶茶，月饼数枚，花生一盘，招待乙君。于是两人攀谈起来：甲君：乙君，今天终于把你给盼来了，我之前一直想跟你唠唠，奈何一直没有机会，工作也忙。今日中秋，天朗气清，我看你心情也不错，我们互相来探讨个话题吧。乙君：甲君太客气了，中秋快乐啊，什么话题？甲君：你觉得人应该怎么过好自己的一生？乙君：这个","images":[{"img":"https://static.tigerbbs.com/ef5b185e4d907fe8c92b6ca9fbfcae7f","width":"1080","height":"675"},{"img":"https://static.tigerbbs.com/7dc9cd9ad4e82517aa265b2d9f2a81b3","width":"720","height":"405"},{"img":"https://static.tigerbbs.com/eb6b5b88ac8877292c64c8a8e61a2e48","width":"1080","height":"608"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821300666","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":4,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868920671,"gmtCreate":1632578499393,"gmtModify":1632655703813,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"So awesome","listText":"So awesome","text":"So awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868920671","repostId":"816560169","repostType":1,"repost":{"id":816560169,"gmtCreate":1630507522651,"gmtModify":1631883909439,"author":{"id":"3568592803065563","authorId":"3568592803065563","name":"yinfatt","avatar":"https://static.tigerbbs.com/7a23c5020f38941c73ef9797c191ba65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568592803065563","authorIdStr":"3568592803065563"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>好公司应该长期持有，对你有信心。","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>好公司应该长期持有，对你有信心。","text":"$Palantir Technologies Inc.(PLTR)$好公司应该长期持有，对你有信心。","images":[{"img":"https://static.tigerbbs.com/c1125c74fb97d0c8e2724c4b7b168902","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816560169","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":893023744,"gmtCreate":1628222543988,"gmtModify":1633752447035,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Please like! Thank you","listText":"Please like! Thank you","text":"Please like! Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893023744","repostId":"1186157835","repostType":4,"repost":{"id":"1186157835","kind":"news","pubTimestamp":1628215894,"share":"https://www.laohu8.com/m/news/1186157835?lang=&edition=full","pubTime":"2021-08-06 10:11","market":"us","language":"en","title":"Visa: Slowing Growth Rate, We May Need More","url":"https://stock-news.laohu8.com/highlight/detail?id=1186157835","media":"seekingalpha","summary":"Summary\n\nVisa has been superb at delivering value and growth for investors and customers for the pas","content":"<p><b>Summary</b></p>\n<ul>\n <li>Visa has been superb at delivering value and growth for investors and customers for the past decade and more, with more and more of our everyday financial transactions moving digital.</li>\n <li>However, growth rate is inevitably going to slow down and I believe the company should be hiking their dividend to entice investors to stay on the gravy train.</li>\n <li>I remain bullish on the company's prospects even as I believe we need to see more.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1398f95e9598dac1a92ba228f0a0cd0c\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>miniseries/E+ via Getty Images</span></p>\n<p>Visa (V) has been the ultimate success story of wealth accumulation. Even as they don't pay a high dividend yield, the transition from debit and account balance style of financing over to digital and credit (or simply debt) has been a major boon for the company's top and bottom lines. As a result, and together with a sizable multi-billion dollar share repurchasing program, delivered a CAGR return of over 27.5% over the past decade.</p>\n<p>Now, as expected, this debit-to-debt transition rate is slowing as most of the developed world has already shifted to paperless, contactless and debit-less financial situations and this is seen by analyst forecasts slowing growth rates from 27% to 15% over the next 5 years. Although I do believe that the company is likely to beat these expectations by a handsome margin, it's still slightly concerning for the longer-run return prospects.</p>\n<p>Although we can have the dividend vs buyback debate all day every day, I think that there should be some consideration to a dividend hike as they currently only pay a 0.5% annual dividend yield which does not entice investors given the slowing growth rate for the longer run.</p>\n<p><b>Accumulating Growth &amp; Returning Value</b></p>\n<p>Visa has seen one of the steadiest share price appreciation environments in the entire stocks market and it has done so on behalf of the transition from debit to credit in almost all of the elements in our lives. We use credit for our day-to-day lives as well as buying vehicles, housing, eating out and all of those high-growth segments which are seeing huge jumps as our priorities shift as a nation. The levels of debt that the average American and global consumer is taking on is concerning on a societal level, but as it's not expected to change any time soon, the company is set to benefit from this steady stream of income with sky-high margins due to almost insignificant upkeep expenses.</p>\n<p>Another positive factor is&nbsp;the company's use of share repurchasing&nbsp;to increase their value per share. Over the past decade, the company has bought back roughly $8 billion worth of its own stock every year and has a new authorization which gives it the ability to buy back as much as $11 billion of its own stock in 2021 alone. So far, they've repurchased almost $4 billion of their stock in 2021 and are expected to accelerate this repurchasing as the year progresses as they've stepped it down during the post-pandemic months. The company used the pandemic sell-off to purchase almost $5 billion worth of stock in the first several months of 2020.</p>\n<p>Even so, this is only a roughly 2.2% reduction in shares outstanding annually. There surely is a large percentage of investors who would likely prefer the company provide a higher dividend yield, which could create better value. Since the company has such a sky-high gross margin, which is only expected to increase as they integrate third-party services and see higher overall credit spending, they can certainly sustain a higher dividend yield and maintain some amount of share repurchases.</p>\n<p><b>There's One More Thing</b></p>\n<p>One thing that is slightly concerning to me is&nbsp;the company's debt position. They've held off from taking on any long-term debt for decades but in recent years has accumulated just under $20 billion in long-term debt. As a result, they've been&nbsp;paying over $530 million annually in interest expense. The danger here is that we're in a rising rate environment and although other parts of their business will gain from this, there's the potential for them to see as much as $1 billion annually disappear from their balance sheets if they continue to hold some of this debt for the next few years.</p>\n<p>The positive spin on this is that the company does currently hold their highest ever cash position with just over $18 billion in cash and equivalents as well as another $1.2 billion in short-term investments. Moreover, although they've been investing less money and returning less interest income, they have been retiring the high-yield debt ahead of schedule and as a result, interest expense has been on the decline. It's unclear what the company's priorities will be moving forward but I do expect more of this to continue. They do have the potential to pay back most of the non-fixed-rate debt if they can't find a higher ROI (return on investment) to use the cash.</p>\n<p><b>Slowing Growth Rate: Why We're All Here</b></p>\n<p>The reason I talk about the demand for a higher yield as well as various debt and cash positions is because, naturally, sales and income growth rates are expected to slow after decades of accelerating growth due to the debit-to-debt transition.</p>\n<p>The company has shown a CAGR of over 27.5% over the past 10 years and now analysts expect the company to report a, still high, but slowing rate. For the next 5 years,they currently expect a CAGR of 13.9% to EPS, significantly less than the past 5 years. Here are the figures for 2020 through 2025:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b41c1540a1a9a1f8b55455396430ced\" tg-width=\"906\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>(Source: Analyst projections,Seeking Alpha)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>Even as the company has beaten expectations for most of the past decade quarterly reporting, it's unclear if this will continue as analysts project that the company's margins will improve significantly over the next few years, as evident by sales growth expectations. This doesn't make much sense to me as more competitive pressures and third-party services like cashback, advertising revenue sharing services and more will start eating at the company's sky-high margins over the next several years.</p>\n<p>For sales, analysts currently expect Visa to report a sales CAGR of 10.3% throughout the same timeframe as I mentioned earlier for EPS projections. This means that the company will increase margins as they expect EPS to grow at a higher, near 14% growth rate over the same period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d2373e15699c5dac4ff966da4235f97\" tg-width=\"905\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>(Source: Analyst projections,Seeking Alpha)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>I continue to believe that the company may beat sales expectations as we see stronger transition figures but I do not believe we'll be seeing much EPS beats if they continue to guide for margin expansion. The transitions within these industries away from high-interest products to still-high-but-lower interest products are almost certain to put a small but significant damper on margin growth.</p>\n<p><b>Investment Conclusion</b></p>\n<p>Visa has a bright future ahead and with the roughly 15% expected EPS growth rate and the additional 2.2% buyback rate, it is nearly certain to beat the overall market return rate, which has historically been just over 10%. Even so, the company growth rate is inevitably slowing, and with rising competitive pressure and third party services expenses, I believe there needs to be more to entice long term yield investors who may not be all that optimistic about the company's ability to continue and beat the market without being paid to wait.</p>\n<p>The company has more than enough cash to increase its dividend yield to over 2% while continuing the same level of share repurchasing. Investing that cash has been good for the company but has not brought even close to the same level of return that hiking dividend or increasing buyback will do.</p>\n<p>I remain bullish on the company's long-term prospects but am waiting to see some more of a focus on shareholder value before adding to a position.</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>Visa: Slowing Growth Rate, We May Need More</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\">\nVisa: Slowing Growth Rate, We May Need More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-06 10:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4445698-visa-slowing-growth-rate-we-may-need-more><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVisa has been superb at delivering value and growth for investors and customers for the past decade and more, with more and more of our everyday financial transactions moving digital.\nHowever...</p>\n\n<a href=\"https://seekingalpha.com/article/4445698-visa-slowing-growth-rate-we-may-need-more\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa"},"source_url":"https://seekingalpha.com/article/4445698-visa-slowing-growth-rate-we-may-need-more","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186157835","content_text":"Summary\n\nVisa has been superb at delivering value and growth for investors and customers for the past decade and more, with more and more of our everyday financial transactions moving digital.\nHowever, growth rate is inevitably going to slow down and I believe the company should be hiking their dividend to entice investors to stay on the gravy train.\nI remain bullish on the company's prospects even as I believe we need to see more.\n\nminiseries/E+ via Getty Images\nVisa (V) has been the ultimate success story of wealth accumulation. Even as they don't pay a high dividend yield, the transition from debit and account balance style of financing over to digital and credit (or simply debt) has been a major boon for the company's top and bottom lines. As a result, and together with a sizable multi-billion dollar share repurchasing program, delivered a CAGR return of over 27.5% over the past decade.\nNow, as expected, this debit-to-debt transition rate is slowing as most of the developed world has already shifted to paperless, contactless and debit-less financial situations and this is seen by analyst forecasts slowing growth rates from 27% to 15% over the next 5 years. Although I do believe that the company is likely to beat these expectations by a handsome margin, it's still slightly concerning for the longer-run return prospects.\nAlthough we can have the dividend vs buyback debate all day every day, I think that there should be some consideration to a dividend hike as they currently only pay a 0.5% annual dividend yield which does not entice investors given the slowing growth rate for the longer run.\nAccumulating Growth & Returning Value\nVisa has seen one of the steadiest share price appreciation environments in the entire stocks market and it has done so on behalf of the transition from debit to credit in almost all of the elements in our lives. We use credit for our day-to-day lives as well as buying vehicles, housing, eating out and all of those high-growth segments which are seeing huge jumps as our priorities shift as a nation. The levels of debt that the average American and global consumer is taking on is concerning on a societal level, but as it's not expected to change any time soon, the company is set to benefit from this steady stream of income with sky-high margins due to almost insignificant upkeep expenses.\nAnother positive factor is the company's use of share repurchasing to increase their value per share. Over the past decade, the company has bought back roughly $8 billion worth of its own stock every year and has a new authorization which gives it the ability to buy back as much as $11 billion of its own stock in 2021 alone. So far, they've repurchased almost $4 billion of their stock in 2021 and are expected to accelerate this repurchasing as the year progresses as they've stepped it down during the post-pandemic months. The company used the pandemic sell-off to purchase almost $5 billion worth of stock in the first several months of 2020.\nEven so, this is only a roughly 2.2% reduction in shares outstanding annually. There surely is a large percentage of investors who would likely prefer the company provide a higher dividend yield, which could create better value. Since the company has such a sky-high gross margin, which is only expected to increase as they integrate third-party services and see higher overall credit spending, they can certainly sustain a higher dividend yield and maintain some amount of share repurchases.\nThere's One More Thing\nOne thing that is slightly concerning to me is the company's debt position. They've held off from taking on any long-term debt for decades but in recent years has accumulated just under $20 billion in long-term debt. As a result, they've been paying over $530 million annually in interest expense. The danger here is that we're in a rising rate environment and although other parts of their business will gain from this, there's the potential for them to see as much as $1 billion annually disappear from their balance sheets if they continue to hold some of this debt for the next few years.\nThe positive spin on this is that the company does currently hold their highest ever cash position with just over $18 billion in cash and equivalents as well as another $1.2 billion in short-term investments. Moreover, although they've been investing less money and returning less interest income, they have been retiring the high-yield debt ahead of schedule and as a result, interest expense has been on the decline. It's unclear what the company's priorities will be moving forward but I do expect more of this to continue. They do have the potential to pay back most of the non-fixed-rate debt if they can't find a higher ROI (return on investment) to use the cash.\nSlowing Growth Rate: Why We're All Here\nThe reason I talk about the demand for a higher yield as well as various debt and cash positions is because, naturally, sales and income growth rates are expected to slow after decades of accelerating growth due to the debit-to-debt transition.\nThe company has shown a CAGR of over 27.5% over the past 10 years and now analysts expect the company to report a, still high, but slowing rate. For the next 5 years,they currently expect a CAGR of 13.9% to EPS, significantly less than the past 5 years. Here are the figures for 2020 through 2025:\n(Source: Analyst projections,Seeking Alpha)\n\n\n\n\n\nEven as the company has beaten expectations for most of the past decade quarterly reporting, it's unclear if this will continue as analysts project that the company's margins will improve significantly over the next few years, as evident by sales growth expectations. This doesn't make much sense to me as more competitive pressures and third-party services like cashback, advertising revenue sharing services and more will start eating at the company's sky-high margins over the next several years.\nFor sales, analysts currently expect Visa to report a sales CAGR of 10.3% throughout the same timeframe as I mentioned earlier for EPS projections. This means that the company will increase margins as they expect EPS to grow at a higher, near 14% growth rate over the same period.\n(Source: Analyst projections,Seeking Alpha)\n\n\n\n\n\nI continue to believe that the company may beat sales expectations as we see stronger transition figures but I do not believe we'll be seeing much EPS beats if they continue to guide for margin expansion. The transitions within these industries away from high-interest products to still-high-but-lower interest products are almost certain to put a small but significant damper on margin growth.\nInvestment Conclusion\nVisa has a bright future ahead and with the roughly 15% expected EPS growth rate and the additional 2.2% buyback rate, it is nearly certain to beat the overall market return rate, which has historically been just over 10%. Even so, the company growth rate is inevitably slowing, and with rising competitive pressure and third party services expenses, I believe there needs to be more to entice long term yield investors who may not be all that optimistic about the company's ability to continue and beat the market without being paid to wait.\nThe company has more than enough cash to increase its dividend yield to over 2% while continuing the same level of share repurchasing. Investing that cash has been good for the company but has not brought even close to the same level of return that hiking dividend or increasing buyback will do.\nI remain bullish on the company's long-term prospects but am waiting to see some more of a focus on shareholder value before adding to a position.","news_type":1,"symbols_score_info":{"V":0.9}},"isVote":1,"tweetType":1,"viewCount":762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890403455,"gmtCreate":1628126443577,"gmtModify":1633753350853,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890403455","repostId":"2157748627","repostType":4,"isVote":1,"tweetType":1,"viewCount":775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807230800,"gmtCreate":1628037994300,"gmtModify":1633754196263,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807230800","repostId":"2156209941","repostType":4,"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807128522,"gmtCreate":1628008457266,"gmtModify":1633754415633,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807128522","repostId":"1102455284","repostType":4,"isVote":1,"tweetType":1,"viewCount":1043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807128949,"gmtCreate":1628008392481,"gmtModify":1633754415975,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807128949","repostId":"1171505764","repostType":4,"isVote":1,"tweetType":1,"viewCount":1427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806599380,"gmtCreate":1627663353840,"gmtModify":1633757285397,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Great!&nbsp;","listText":"Great!&nbsp;","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806599380","repostId":"2155015802","repostType":4,"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806384391,"gmtCreate":1627632985713,"gmtModify":1633757586826,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Oh wow","listText":"Oh wow","text":"Oh wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806384391","repostId":"1114963045","repostType":4,"isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806385322,"gmtCreate":1627632940066,"gmtModify":1633757587865,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806385322","repostId":"1196132618","repostType":4,"repost":{"id":"1196132618","kind":"news","pubTimestamp":1627632825,"share":"https://www.laohu8.com/m/news/1196132618?lang=&edition=full","pubTime":"2021-07-30 16:13","market":"us","language":"en","title":"The $1.2 Trillion Infrastructure Bill Could Lift These Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1196132618","media":"Barrons","summary":"A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has ","content":"<p>A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has voted to begin debating the measure.</p>\n<p>Analysts expect the Senate to pass a bill with bipartisan support next week. The House may then take up the measure.</p>\n<p>The bill includes $550 billion in new spending, on top of existing programs. Highlights include $73 billion for clean-energy transmission, $110 billion for roads and bridges, and $7.5 billion for electric-vehicle charging stations. Money would also be doled out for airports, water projects, broadband internet, and initiatives to combat climate-change.</p>\n<p>Passage of a bill still faces steep political hurdles.</p>\n<p>While Senate Minority Leader Mitch McConnell (R-Kentucky) has indicated his support, the bill could be held up by Democract demands in the House to pass a $3.5 trillion budget reconciliation bill first. That won’t be easy, especially if Democrats hope to enlist Republican Senators for $1.2 trillion in infrastructure, conditioned on passing a reconciliation bill first.</p>\n<p>Still, if a bill does keep moving forward, Wall Street analysts are likely to raise revenue estimates for 2022 and beyond, anticipating a steady trickle of money from federal, state, and local governments as projects win approval.</p>\n<p>So how to play it? Four companies that stand to benefit are&nbsp;Jacobs Engineering Group(ticker: J),Hubbell(HUBB),Insteel Industries(IIIN), and&nbsp;Union Pacific(UNP), according to Andrew Little, research analyst at exchange-traded-fund sponsor Global X.</p>\n<p>Jacobs is a construction company and the lead engineer on several major projects now underway, including a $1.2 billion reconstruction of the I-270 Corridor in Denver, he notes. Jacobs is also involved in renewable-energy projects and builds data centers.</p>\n<p>Hubbell manufactures electrical equipment for industrial clients, including products to improve building energy efficiency and power transmission, helping create “smart grids.”</p>\n<p>Insteel manufactures steel wiring used in construction projects and water utilities, including reinforcement of piping and irrigation projects.</p>\n<p>Union Pacific runs one of the largest freight-rail networks in the U.S., operating in 23 western states, and would benefit from increased volume of raw materials and industrial goods.</p>\n<p>Investors may be paying a steep premium for these stocks, though.</p>\n<p>Jacobs is up 26% this year and trades at 19 times next-12-month earnings, a 19% premium to its five-year average price/earnings multiple. If there’s upside, however, it could be in infrastructure—Jacobs’ “people and places” business generates $7 billion in annual revenue through modernizing public and private projects, partly to meet higher environmental standards, the company said on a recent earnings call.</p>\n<p>Hubbell is up 27% this year and goes for 21 times earnings, against a five-year P/E average of 18. The company would benefit from increased spending on renewable-energy infrastructure, including solar and wind components.</p>\n<p>Insteel has gained 75% this year, though it still trades at a modest 13 times earnings. The company is facing supply constraints and logistics issues, though an infrastructure bill would be a benefit, Insteel recently told analysts.</p>\n<p>Union Pacific stock is only up 5% this year and trades at 20 times earnings, above its five year P/E average of 19.</p>\n<p>Freight volume has been depressed due to supply-chain disruptions, a shortage of semiconductors, and backlogs of goods waiting to be unloaded at U.S. ports.</p>\n<p>But the railroad is expecting raw materials volume to remain robust as the economy gains momentum. And Union hiked its annual dividend in May by 10% to $1.07 a share, giving it a 2% annualized yield.</p>\n<p>Other infrastructure favorites include aggregates companies&nbsp;Vulcan Materials(VMC) and&nbsp;Martin Marietta Materials(MLM), and industrial-machinery giants&nbsp;Deere(DE) and&nbsp;Caterpillar(CAT). In broadband, cell-tower companies such as&nbsp;American Tower REIT(AMT),SBA Communications(SBAC), and&nbsp;Crown Castle International(CCI) could benefit.</p>\n<p>Investors can also gain exposure to the theme through an ETF. Top performers in clean tech this year include&nbsp;First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index(GRID),Invesco MSCI Sustainable Future(ERTH), and&nbsp;First Trust Global Wind Energy(FAN).</p>\n<p>As<i>Barron’s</i>&nbsp;has&nbsp;noted, electric-vehicle-charger component providers, including&nbsp;Amphenol&nbsp;(APH),TE Connectivity&nbsp;(TEL), and&nbsp;Sensata Technologies Holding&nbsp;(ST), could also be winners.</p>\n<p>The&nbsp;iShares U.S. Infrastructure&nbsp;ETF (IFRA) includes a big slug of utilities at 44% of its asset base. The ETF has done well this year, gaining 20% against a 17% return for the S&amp;P 500.</p>\n<p>There could be more gains ahead if the infrastructure train finally leaves Union Station in Washington.</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 $1.2 Trillion Infrastructure Bill Could Lift These Stocks</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 $1.2 Trillion Infrastructure Bill Could Lift These Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 16:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/infrastructure-bill-could-lift-these-stocks-51627593447?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has voted to begin debating the measure.\nAnalysts expect the Senate to pass a bill with bipartisan ...</p>\n\n<a href=\"https://www.barrons.com/articles/infrastructure-bill-could-lift-these-stocks-51627593447?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/infrastructure-bill-could-lift-these-stocks-51627593447?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196132618","content_text":"A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has voted to begin debating the measure.\nAnalysts expect the Senate to pass a bill with bipartisan support next week. The House may then take up the measure.\nThe bill includes $550 billion in new spending, on top of existing programs. Highlights include $73 billion for clean-energy transmission, $110 billion for roads and bridges, and $7.5 billion for electric-vehicle charging stations. Money would also be doled out for airports, water projects, broadband internet, and initiatives to combat climate-change.\nPassage of a bill still faces steep political hurdles.\nWhile Senate Minority Leader Mitch McConnell (R-Kentucky) has indicated his support, the bill could be held up by Democract demands in the House to pass a $3.5 trillion budget reconciliation bill first. That won’t be easy, especially if Democrats hope to enlist Republican Senators for $1.2 trillion in infrastructure, conditioned on passing a reconciliation bill first.\nStill, if a bill does keep moving forward, Wall Street analysts are likely to raise revenue estimates for 2022 and beyond, anticipating a steady trickle of money from federal, state, and local governments as projects win approval.\nSo how to play it? Four companies that stand to benefit are Jacobs Engineering Group(ticker: J),Hubbell(HUBB),Insteel Industries(IIIN), and Union Pacific(UNP), according to Andrew Little, research analyst at exchange-traded-fund sponsor Global X.\nJacobs is a construction company and the lead engineer on several major projects now underway, including a $1.2 billion reconstruction of the I-270 Corridor in Denver, he notes. Jacobs is also involved in renewable-energy projects and builds data centers.\nHubbell manufactures electrical equipment for industrial clients, including products to improve building energy efficiency and power transmission, helping create “smart grids.”\nInsteel manufactures steel wiring used in construction projects and water utilities, including reinforcement of piping and irrigation projects.\nUnion Pacific runs one of the largest freight-rail networks in the U.S., operating in 23 western states, and would benefit from increased volume of raw materials and industrial goods.\nInvestors may be paying a steep premium for these stocks, though.\nJacobs is up 26% this year and trades at 19 times next-12-month earnings, a 19% premium to its five-year average price/earnings multiple. If there’s upside, however, it could be in infrastructure—Jacobs’ “people and places” business generates $7 billion in annual revenue through modernizing public and private projects, partly to meet higher environmental standards, the company said on a recent earnings call.\nHubbell is up 27% this year and goes for 21 times earnings, against a five-year P/E average of 18. The company would benefit from increased spending on renewable-energy infrastructure, including solar and wind components.\nInsteel has gained 75% this year, though it still trades at a modest 13 times earnings. The company is facing supply constraints and logistics issues, though an infrastructure bill would be a benefit, Insteel recently told analysts.\nUnion Pacific stock is only up 5% this year and trades at 20 times earnings, above its five year P/E average of 19.\nFreight volume has been depressed due to supply-chain disruptions, a shortage of semiconductors, and backlogs of goods waiting to be unloaded at U.S. ports.\nBut the railroad is expecting raw materials volume to remain robust as the economy gains momentum. And Union hiked its annual dividend in May by 10% to $1.07 a share, giving it a 2% annualized yield.\nOther infrastructure favorites include aggregates companies Vulcan Materials(VMC) and Martin Marietta Materials(MLM), and industrial-machinery giants Deere(DE) and Caterpillar(CAT). In broadband, cell-tower companies such as American Tower REIT(AMT),SBA Communications(SBAC), and Crown Castle International(CCI) could benefit.\nInvestors can also gain exposure to the theme through an ETF. Top performers in clean tech this year include First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index(GRID),Invesco MSCI Sustainable Future(ERTH), and First Trust Global Wind Energy(FAN).\nAsBarron’s has noted, electric-vehicle-charger component providers, including Amphenol (APH),TE Connectivity (TEL), and Sensata Technologies Holding (ST), could also be winners.\nThe iShares U.S. Infrastructure ETF (IFRA) includes a big slug of utilities at 44% of its asset base. The ETF has done well this year, gaining 20% against a 17% return for the S&P 500.\nThere could be more gains ahead if the infrastructure train finally leaves Union Station in Washington.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803692297,"gmtCreate":1627434855419,"gmtModify":1633765036601,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803692297","repostId":"2154991792","repostType":4,"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803692976,"gmtCreate":1627434832695,"gmtModify":1633765037061,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803692976","repostId":"2154991792","repostType":4,"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":893023744,"gmtCreate":1628222543988,"gmtModify":1633752447035,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Please like! Thank you","listText":"Please like! Thank you","text":"Please like! Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893023744","repostId":"1186157835","repostType":4,"repost":{"id":"1186157835","kind":"news","pubTimestamp":1628215894,"share":"https://www.laohu8.com/m/news/1186157835?lang=&edition=full","pubTime":"2021-08-06 10:11","market":"us","language":"en","title":"Visa: Slowing Growth Rate, We May Need More","url":"https://stock-news.laohu8.com/highlight/detail?id=1186157835","media":"seekingalpha","summary":"Summary\n\nVisa has been superb at delivering value and growth for investors and customers for the pas","content":"<p><b>Summary</b></p>\n<ul>\n <li>Visa has been superb at delivering value and growth for investors and customers for the past decade and more, with more and more of our everyday financial transactions moving digital.</li>\n <li>However, growth rate is inevitably going to slow down and I believe the company should be hiking their dividend to entice investors to stay on the gravy train.</li>\n <li>I remain bullish on the company's prospects even as I believe we need to see more.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1398f95e9598dac1a92ba228f0a0cd0c\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>miniseries/E+ via Getty Images</span></p>\n<p>Visa (V) has been the ultimate success story of wealth accumulation. Even as they don't pay a high dividend yield, the transition from debit and account balance style of financing over to digital and credit (or simply debt) has been a major boon for the company's top and bottom lines. As a result, and together with a sizable multi-billion dollar share repurchasing program, delivered a CAGR return of over 27.5% over the past decade.</p>\n<p>Now, as expected, this debit-to-debt transition rate is slowing as most of the developed world has already shifted to paperless, contactless and debit-less financial situations and this is seen by analyst forecasts slowing growth rates from 27% to 15% over the next 5 years. Although I do believe that the company is likely to beat these expectations by a handsome margin, it's still slightly concerning for the longer-run return prospects.</p>\n<p>Although we can have the dividend vs buyback debate all day every day, I think that there should be some consideration to a dividend hike as they currently only pay a 0.5% annual dividend yield which does not entice investors given the slowing growth rate for the longer run.</p>\n<p><b>Accumulating Growth &amp; Returning Value</b></p>\n<p>Visa has seen one of the steadiest share price appreciation environments in the entire stocks market and it has done so on behalf of the transition from debit to credit in almost all of the elements in our lives. We use credit for our day-to-day lives as well as buying vehicles, housing, eating out and all of those high-growth segments which are seeing huge jumps as our priorities shift as a nation. The levels of debt that the average American and global consumer is taking on is concerning on a societal level, but as it's not expected to change any time soon, the company is set to benefit from this steady stream of income with sky-high margins due to almost insignificant upkeep expenses.</p>\n<p>Another positive factor is&nbsp;the company's use of share repurchasing&nbsp;to increase their value per share. Over the past decade, the company has bought back roughly $8 billion worth of its own stock every year and has a new authorization which gives it the ability to buy back as much as $11 billion of its own stock in 2021 alone. So far, they've repurchased almost $4 billion of their stock in 2021 and are expected to accelerate this repurchasing as the year progresses as they've stepped it down during the post-pandemic months. The company used the pandemic sell-off to purchase almost $5 billion worth of stock in the first several months of 2020.</p>\n<p>Even so, this is only a roughly 2.2% reduction in shares outstanding annually. There surely is a large percentage of investors who would likely prefer the company provide a higher dividend yield, which could create better value. Since the company has such a sky-high gross margin, which is only expected to increase as they integrate third-party services and see higher overall credit spending, they can certainly sustain a higher dividend yield and maintain some amount of share repurchases.</p>\n<p><b>There's One More Thing</b></p>\n<p>One thing that is slightly concerning to me is&nbsp;the company's debt position. They've held off from taking on any long-term debt for decades but in recent years has accumulated just under $20 billion in long-term debt. As a result, they've been&nbsp;paying over $530 million annually in interest expense. The danger here is that we're in a rising rate environment and although other parts of their business will gain from this, there's the potential for them to see as much as $1 billion annually disappear from their balance sheets if they continue to hold some of this debt for the next few years.</p>\n<p>The positive spin on this is that the company does currently hold their highest ever cash position with just over $18 billion in cash and equivalents as well as another $1.2 billion in short-term investments. Moreover, although they've been investing less money and returning less interest income, they have been retiring the high-yield debt ahead of schedule and as a result, interest expense has been on the decline. It's unclear what the company's priorities will be moving forward but I do expect more of this to continue. They do have the potential to pay back most of the non-fixed-rate debt if they can't find a higher ROI (return on investment) to use the cash.</p>\n<p><b>Slowing Growth Rate: Why We're All Here</b></p>\n<p>The reason I talk about the demand for a higher yield as well as various debt and cash positions is because, naturally, sales and income growth rates are expected to slow after decades of accelerating growth due to the debit-to-debt transition.</p>\n<p>The company has shown a CAGR of over 27.5% over the past 10 years and now analysts expect the company to report a, still high, but slowing rate. For the next 5 years,they currently expect a CAGR of 13.9% to EPS, significantly less than the past 5 years. Here are the figures for 2020 through 2025:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b41c1540a1a9a1f8b55455396430ced\" tg-width=\"906\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>(Source: Analyst projections,Seeking Alpha)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>Even as the company has beaten expectations for most of the past decade quarterly reporting, it's unclear if this will continue as analysts project that the company's margins will improve significantly over the next few years, as evident by sales growth expectations. This doesn't make much sense to me as more competitive pressures and third-party services like cashback, advertising revenue sharing services and more will start eating at the company's sky-high margins over the next several years.</p>\n<p>For sales, analysts currently expect Visa to report a sales CAGR of 10.3% throughout the same timeframe as I mentioned earlier for EPS projections. This means that the company will increase margins as they expect EPS to grow at a higher, near 14% growth rate over the same period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d2373e15699c5dac4ff966da4235f97\" tg-width=\"905\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>(Source: Analyst projections,Seeking Alpha)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>I continue to believe that the company may beat sales expectations as we see stronger transition figures but I do not believe we'll be seeing much EPS beats if they continue to guide for margin expansion. The transitions within these industries away from high-interest products to still-high-but-lower interest products are almost certain to put a small but significant damper on margin growth.</p>\n<p><b>Investment Conclusion</b></p>\n<p>Visa has a bright future ahead and with the roughly 15% expected EPS growth rate and the additional 2.2% buyback rate, it is nearly certain to beat the overall market return rate, which has historically been just over 10%. Even so, the company growth rate is inevitably slowing, and with rising competitive pressure and third party services expenses, I believe there needs to be more to entice long term yield investors who may not be all that optimistic about the company's ability to continue and beat the market without being paid to wait.</p>\n<p>The company has more than enough cash to increase its dividend yield to over 2% while continuing the same level of share repurchasing. Investing that cash has been good for the company but has not brought even close to the same level of return that hiking dividend or increasing buyback will do.</p>\n<p>I remain bullish on the company's long-term prospects but am waiting to see some more of a focus on shareholder value before adding to a position.</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>Visa: Slowing Growth Rate, We May Need More</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\">\nVisa: Slowing Growth Rate, We May Need More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-06 10:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4445698-visa-slowing-growth-rate-we-may-need-more><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVisa has been superb at delivering value and growth for investors and customers for the past decade and more, with more and more of our everyday financial transactions moving digital.\nHowever...</p>\n\n<a href=\"https://seekingalpha.com/article/4445698-visa-slowing-growth-rate-we-may-need-more\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa"},"source_url":"https://seekingalpha.com/article/4445698-visa-slowing-growth-rate-we-may-need-more","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186157835","content_text":"Summary\n\nVisa has been superb at delivering value and growth for investors and customers for the past decade and more, with more and more of our everyday financial transactions moving digital.\nHowever, growth rate is inevitably going to slow down and I believe the company should be hiking their dividend to entice investors to stay on the gravy train.\nI remain bullish on the company's prospects even as I believe we need to see more.\n\nminiseries/E+ via Getty Images\nVisa (V) has been the ultimate success story of wealth accumulation. Even as they don't pay a high dividend yield, the transition from debit and account balance style of financing over to digital and credit (or simply debt) has been a major boon for the company's top and bottom lines. As a result, and together with a sizable multi-billion dollar share repurchasing program, delivered a CAGR return of over 27.5% over the past decade.\nNow, as expected, this debit-to-debt transition rate is slowing as most of the developed world has already shifted to paperless, contactless and debit-less financial situations and this is seen by analyst forecasts slowing growth rates from 27% to 15% over the next 5 years. Although I do believe that the company is likely to beat these expectations by a handsome margin, it's still slightly concerning for the longer-run return prospects.\nAlthough we can have the dividend vs buyback debate all day every day, I think that there should be some consideration to a dividend hike as they currently only pay a 0.5% annual dividend yield which does not entice investors given the slowing growth rate for the longer run.\nAccumulating Growth & Returning Value\nVisa has seen one of the steadiest share price appreciation environments in the entire stocks market and it has done so on behalf of the transition from debit to credit in almost all of the elements in our lives. We use credit for our day-to-day lives as well as buying vehicles, housing, eating out and all of those high-growth segments which are seeing huge jumps as our priorities shift as a nation. The levels of debt that the average American and global consumer is taking on is concerning on a societal level, but as it's not expected to change any time soon, the company is set to benefit from this steady stream of income with sky-high margins due to almost insignificant upkeep expenses.\nAnother positive factor is the company's use of share repurchasing to increase their value per share. Over the past decade, the company has bought back roughly $8 billion worth of its own stock every year and has a new authorization which gives it the ability to buy back as much as $11 billion of its own stock in 2021 alone. So far, they've repurchased almost $4 billion of their stock in 2021 and are expected to accelerate this repurchasing as the year progresses as they've stepped it down during the post-pandemic months. The company used the pandemic sell-off to purchase almost $5 billion worth of stock in the first several months of 2020.\nEven so, this is only a roughly 2.2% reduction in shares outstanding annually. There surely is a large percentage of investors who would likely prefer the company provide a higher dividend yield, which could create better value. Since the company has such a sky-high gross margin, which is only expected to increase as they integrate third-party services and see higher overall credit spending, they can certainly sustain a higher dividend yield and maintain some amount of share repurchases.\nThere's One More Thing\nOne thing that is slightly concerning to me is the company's debt position. They've held off from taking on any long-term debt for decades but in recent years has accumulated just under $20 billion in long-term debt. As a result, they've been paying over $530 million annually in interest expense. The danger here is that we're in a rising rate environment and although other parts of their business will gain from this, there's the potential for them to see as much as $1 billion annually disappear from their balance sheets if they continue to hold some of this debt for the next few years.\nThe positive spin on this is that the company does currently hold their highest ever cash position with just over $18 billion in cash and equivalents as well as another $1.2 billion in short-term investments. Moreover, although they've been investing less money and returning less interest income, they have been retiring the high-yield debt ahead of schedule and as a result, interest expense has been on the decline. It's unclear what the company's priorities will be moving forward but I do expect more of this to continue. They do have the potential to pay back most of the non-fixed-rate debt if they can't find a higher ROI (return on investment) to use the cash.\nSlowing Growth Rate: Why We're All Here\nThe reason I talk about the demand for a higher yield as well as various debt and cash positions is because, naturally, sales and income growth rates are expected to slow after decades of accelerating growth due to the debit-to-debt transition.\nThe company has shown a CAGR of over 27.5% over the past 10 years and now analysts expect the company to report a, still high, but slowing rate. For the next 5 years,they currently expect a CAGR of 13.9% to EPS, significantly less than the past 5 years. Here are the figures for 2020 through 2025:\n(Source: Analyst projections,Seeking Alpha)\n\n\n\n\n\nEven as the company has beaten expectations for most of the past decade quarterly reporting, it's unclear if this will continue as analysts project that the company's margins will improve significantly over the next few years, as evident by sales growth expectations. This doesn't make much sense to me as more competitive pressures and third-party services like cashback, advertising revenue sharing services and more will start eating at the company's sky-high margins over the next several years.\nFor sales, analysts currently expect Visa to report a sales CAGR of 10.3% throughout the same timeframe as I mentioned earlier for EPS projections. This means that the company will increase margins as they expect EPS to grow at a higher, near 14% growth rate over the same period.\n(Source: Analyst projections,Seeking Alpha)\n\n\n\n\n\nI continue to believe that the company may beat sales expectations as we see stronger transition figures but I do not believe we'll be seeing much EPS beats if they continue to guide for margin expansion. The transitions within these industries away from high-interest products to still-high-but-lower interest products are almost certain to put a small but significant damper on margin growth.\nInvestment Conclusion\nVisa has a bright future ahead and with the roughly 15% expected EPS growth rate and the additional 2.2% buyback rate, it is nearly certain to beat the overall market return rate, which has historically been just over 10%. Even so, the company growth rate is inevitably slowing, and with rising competitive pressure and third party services expenses, I believe there needs to be more to entice long term yield investors who may not be all that optimistic about the company's ability to continue and beat the market without being paid to wait.\nThe company has more than enough cash to increase its dividend yield to over 2% while continuing the same level of share repurchasing. Investing that cash has been good for the company but has not brought even close to the same level of return that hiking dividend or increasing buyback will do.\nI remain bullish on the company's long-term prospects but am waiting to see some more of a focus on shareholder value before adding to a 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wow","listText":"Oh wow","text":"Oh wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806384391","repostId":"1114963045","repostType":4,"isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":868920671,"gmtCreate":1632578499393,"gmtModify":1632655703813,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"So awesome","listText":"So awesome","text":"So awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868920671","repostId":"816560169","repostType":1,"repost":{"id":816560169,"gmtCreate":1630507522651,"gmtModify":1631883909439,"author":{"id":"3568592803065563","authorId":"3568592803065563","name":"yinfatt","avatar":"https://static.tigerbbs.com/7a23c5020f38941c73ef9797c191ba65","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568592803065563","authorIdStr":"3568592803065563"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>好公司应该长期持有，对你有信心。","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>好公司应该长期持有，对你有信心。","text":"$Palantir Technologies Inc.(PLTR)$好公司应该长期持有，对你有信心。","images":[{"img":"https://static.tigerbbs.com/c1125c74fb97d0c8e2724c4b7b168902","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816560169","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":807230800,"gmtCreate":1628037994300,"gmtModify":1633754196263,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807230800","repostId":"2156209941","repostType":4,"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":851324102,"gmtCreate":1634872470623,"gmtModify":1634872470623,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851324102","repostId":"821300666","repostType":1,"repost":{"id":821300666,"gmtCreate":1633694093872,"gmtModify":1744960741528,"author":{"id":"3434046638438343","authorId":"3434046638438343","name":"旭阳特别帅","avatar":"https://static.laohu8.com/bbe12234effaffbb31106d837a04c53f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3434046638438343","authorIdStr":"3434046638438343"},"themes":[],"title":"怎么过好这辈子？","htmlText":"众人望见东印度公司成群的战船，心生退意。伊丽莎白发表了振奋人心的宣讲：The other ships will still be looking to us,其他船上的兄弟都还在看着我们，the Black Pearl to lead,期待着黑珍珠上的我们能带领他们，and what will they see?他们会看到什么？Frightened bilgerats aboard a derelict ship?难道是一群胆小的鼠辈和一条失去斗志的破船？No, they will see free men and freedom!不，他们将看到自由的人和自由的精神！And the enemy will see the flash of our canons and they will hear the ringing of our swords and they will know what we can do!而我们的敌人将会看到我们利剑出鞘，呼啸的炮火，他们将见识到我们真正的力量！With the sweat of our brow and the strength of our backs and the courage in our hearts!让他们看看我们额头上流淌的汗水！挺直的脊梁！以及我们心中无尽的勇气！Gentlemen, Hoist the Colours！先生们！升起旗帜！甲君与乙君相聚于中秋，甲君在阳台养了不少绿植，还有小白狗一条。夏意已然褪去，清风拂面，煮了一壶茶，月饼数枚，花生一盘，招待乙君。于是两人攀谈起来：甲君：乙君，今天终于把你给盼来了，我之前一直想跟你唠唠，奈何一直没有机会，工作也忙。今日中秋，天朗气清，我看你心情也不错，我们互相来探讨个话题吧。乙君：甲君太客气了，中秋快乐啊，什么话题？甲君：你觉得人应该怎么过好自己的一生？乙君：这个","listText":"众人望见东印度公司成群的战船，心生退意。伊丽莎白发表了振奋人心的宣讲：The other ships will still be looking to us,其他船上的兄弟都还在看着我们，the Black Pearl to lead,期待着黑珍珠上的我们能带领他们，and what will they see?他们会看到什么？Frightened bilgerats aboard a derelict ship?难道是一群胆小的鼠辈和一条失去斗志的破船？No, they will see free men and freedom!不，他们将看到自由的人和自由的精神！And the enemy will see the flash of our canons and they will hear the ringing of our swords and they will know what we can do!而我们的敌人将会看到我们利剑出鞘，呼啸的炮火，他们将见识到我们真正的力量！With the sweat of our brow and the strength of our backs and the courage in our hearts!让他们看看我们额头上流淌的汗水！挺直的脊梁！以及我们心中无尽的勇气！Gentlemen, Hoist the Colours！先生们！升起旗帜！甲君与乙君相聚于中秋，甲君在阳台养了不少绿植，还有小白狗一条。夏意已然褪去，清风拂面，煮了一壶茶，月饼数枚，花生一盘，招待乙君。于是两人攀谈起来：甲君：乙君，今天终于把你给盼来了，我之前一直想跟你唠唠，奈何一直没有机会，工作也忙。今日中秋，天朗气清，我看你心情也不错，我们互相来探讨个话题吧。乙君：甲君太客气了，中秋快乐啊，什么话题？甲君：你觉得人应该怎么过好自己的一生？乙君：这个","text":"众人望见东印度公司成群的战船，心生退意。伊丽莎白发表了振奋人心的宣讲：The other ships will still be looking to us,其他船上的兄弟都还在看着我们，the Black Pearl to lead,期待着黑珍珠上的我们能带领他们，and what will they see?他们会看到什么？Frightened bilgerats aboard a derelict ship?难道是一群胆小的鼠辈和一条失去斗志的破船？No, they will see free men and freedom!不，他们将看到自由的人和自由的精神！And the enemy will see the flash of our canons and they will hear the ringing of our swords and they will know what we can do!而我们的敌人将会看到我们利剑出鞘，呼啸的炮火，他们将见识到我们真正的力量！With the sweat of our brow and the strength of our backs and the courage in our hearts!让他们看看我们额头上流淌的汗水！挺直的脊梁！以及我们心中无尽的勇气！Gentlemen, Hoist the Colours！先生们！升起旗帜！甲君与乙君相聚于中秋，甲君在阳台养了不少绿植，还有小白狗一条。夏意已然褪去，清风拂面，煮了一壶茶，月饼数枚，花生一盘，招待乙君。于是两人攀谈起来：甲君：乙君，今天终于把你给盼来了，我之前一直想跟你唠唠，奈何一直没有机会，工作也忙。今日中秋，天朗气清，我看你心情也不错，我们互相来探讨个话题吧。乙君：甲君太客气了，中秋快乐啊，什么话题？甲君：你觉得人应该怎么过好自己的一生？乙君：这个","images":[{"img":"https://static.tigerbbs.com/ef5b185e4d907fe8c92b6ca9fbfcae7f","width":"1080","height":"675"},{"img":"https://static.tigerbbs.com/7dc9cd9ad4e82517aa265b2d9f2a81b3","width":"720","height":"405"},{"img":"https://static.tigerbbs.com/eb6b5b88ac8877292c64c8a8e61a2e48","width":"1080","height":"608"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821300666","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":4,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":890403455,"gmtCreate":1628126443577,"gmtModify":1633753350853,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890403455","repostId":"2157748627","repostType":4,"isVote":1,"tweetType":1,"viewCount":775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807128949,"gmtCreate":1628008392481,"gmtModify":1633754415975,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807128949","repostId":"1171505764","repostType":4,"isVote":1,"tweetType":1,"viewCount":1427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806599380,"gmtCreate":1627663353840,"gmtModify":1633757285397,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Great!&nbsp;","listText":"Great!&nbsp;","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806599380","repostId":"2155015802","repostType":4,"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806385322,"gmtCreate":1627632940066,"gmtModify":1633757587865,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806385322","repostId":"1196132618","repostType":4,"repost":{"id":"1196132618","kind":"news","pubTimestamp":1627632825,"share":"https://www.laohu8.com/m/news/1196132618?lang=&edition=full","pubTime":"2021-07-30 16:13","market":"us","language":"en","title":"The $1.2 Trillion Infrastructure Bill Could Lift These Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1196132618","media":"Barrons","summary":"A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has ","content":"<p>A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has voted to begin debating the measure.</p>\n<p>Analysts expect the Senate to pass a bill with bipartisan support next week. The House may then take up the measure.</p>\n<p>The bill includes $550 billion in new spending, on top of existing programs. Highlights include $73 billion for clean-energy transmission, $110 billion for roads and bridges, and $7.5 billion for electric-vehicle charging stations. Money would also be doled out for airports, water projects, broadband internet, and initiatives to combat climate-change.</p>\n<p>Passage of a bill still faces steep political hurdles.</p>\n<p>While Senate Minority Leader Mitch McConnell (R-Kentucky) has indicated his support, the bill could be held up by Democract demands in the House to pass a $3.5 trillion budget reconciliation bill first. That won’t be easy, especially if Democrats hope to enlist Republican Senators for $1.2 trillion in infrastructure, conditioned on passing a reconciliation bill first.</p>\n<p>Still, if a bill does keep moving forward, Wall Street analysts are likely to raise revenue estimates for 2022 and beyond, anticipating a steady trickle of money from federal, state, and local governments as projects win approval.</p>\n<p>So how to play it? Four companies that stand to benefit are&nbsp;Jacobs Engineering Group(ticker: J),Hubbell(HUBB),Insteel Industries(IIIN), and&nbsp;Union Pacific(UNP), according to Andrew Little, research analyst at exchange-traded-fund sponsor Global X.</p>\n<p>Jacobs is a construction company and the lead engineer on several major projects now underway, including a $1.2 billion reconstruction of the I-270 Corridor in Denver, he notes. Jacobs is also involved in renewable-energy projects and builds data centers.</p>\n<p>Hubbell manufactures electrical equipment for industrial clients, including products to improve building energy efficiency and power transmission, helping create “smart grids.”</p>\n<p>Insteel manufactures steel wiring used in construction projects and water utilities, including reinforcement of piping and irrigation projects.</p>\n<p>Union Pacific runs one of the largest freight-rail networks in the U.S., operating in 23 western states, and would benefit from increased volume of raw materials and industrial goods.</p>\n<p>Investors may be paying a steep premium for these stocks, though.</p>\n<p>Jacobs is up 26% this year and trades at 19 times next-12-month earnings, a 19% premium to its five-year average price/earnings multiple. If there’s upside, however, it could be in infrastructure—Jacobs’ “people and places” business generates $7 billion in annual revenue through modernizing public and private projects, partly to meet higher environmental standards, the company said on a recent earnings call.</p>\n<p>Hubbell is up 27% this year and goes for 21 times earnings, against a five-year P/E average of 18. The company would benefit from increased spending on renewable-energy infrastructure, including solar and wind components.</p>\n<p>Insteel has gained 75% this year, though it still trades at a modest 13 times earnings. The company is facing supply constraints and logistics issues, though an infrastructure bill would be a benefit, Insteel recently told analysts.</p>\n<p>Union Pacific stock is only up 5% this year and trades at 20 times earnings, above its five year P/E average of 19.</p>\n<p>Freight volume has been depressed due to supply-chain disruptions, a shortage of semiconductors, and backlogs of goods waiting to be unloaded at U.S. ports.</p>\n<p>But the railroad is expecting raw materials volume to remain robust as the economy gains momentum. And Union hiked its annual dividend in May by 10% to $1.07 a share, giving it a 2% annualized yield.</p>\n<p>Other infrastructure favorites include aggregates companies&nbsp;Vulcan Materials(VMC) and&nbsp;Martin Marietta Materials(MLM), and industrial-machinery giants&nbsp;Deere(DE) and&nbsp;Caterpillar(CAT). In broadband, cell-tower companies such as&nbsp;American Tower REIT(AMT),SBA Communications(SBAC), and&nbsp;Crown Castle International(CCI) could benefit.</p>\n<p>Investors can also gain exposure to the theme through an ETF. Top performers in clean tech this year include&nbsp;First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index(GRID),Invesco MSCI Sustainable Future(ERTH), and&nbsp;First Trust Global Wind Energy(FAN).</p>\n<p>As<i>Barron’s</i>&nbsp;has&nbsp;noted, electric-vehicle-charger component providers, including&nbsp;Amphenol&nbsp;(APH),TE Connectivity&nbsp;(TEL), and&nbsp;Sensata Technologies Holding&nbsp;(ST), could also be winners.</p>\n<p>The&nbsp;iShares U.S. Infrastructure&nbsp;ETF (IFRA) includes a big slug of utilities at 44% of its asset base. The ETF has done well this year, gaining 20% against a 17% return for the S&amp;P 500.</p>\n<p>There could be more gains ahead if the infrastructure train finally leaves Union Station in Washington.</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 $1.2 Trillion Infrastructure Bill Could Lift These Stocks</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 $1.2 Trillion Infrastructure Bill Could Lift These Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 16:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/infrastructure-bill-could-lift-these-stocks-51627593447?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has voted to begin debating the measure.\nAnalysts expect the Senate to pass a bill with bipartisan ...</p>\n\n<a href=\"https://www.barrons.com/articles/infrastructure-bill-could-lift-these-stocks-51627593447?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/infrastructure-bill-could-lift-these-stocks-51627593447?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196132618","content_text":"A $1.2 trillion infrastructure package is inching closer to the finish line now that the Senate has voted to begin debating the measure.\nAnalysts expect the Senate to pass a bill with bipartisan support next week. The House may then take up the measure.\nThe bill includes $550 billion in new spending, on top of existing programs. Highlights include $73 billion for clean-energy transmission, $110 billion for roads and bridges, and $7.5 billion for electric-vehicle charging stations. Money would also be doled out for airports, water projects, broadband internet, and initiatives to combat climate-change.\nPassage of a bill still faces steep political hurdles.\nWhile Senate Minority Leader Mitch McConnell (R-Kentucky) has indicated his support, the bill could be held up by Democract demands in the House to pass a $3.5 trillion budget reconciliation bill first. That won’t be easy, especially if Democrats hope to enlist Republican Senators for $1.2 trillion in infrastructure, conditioned on passing a reconciliation bill first.\nStill, if a bill does keep moving forward, Wall Street analysts are likely to raise revenue estimates for 2022 and beyond, anticipating a steady trickle of money from federal, state, and local governments as projects win approval.\nSo how to play it? Four companies that stand to benefit are Jacobs Engineering Group(ticker: J),Hubbell(HUBB),Insteel Industries(IIIN), and Union Pacific(UNP), according to Andrew Little, research analyst at exchange-traded-fund sponsor Global X.\nJacobs is a construction company and the lead engineer on several major projects now underway, including a $1.2 billion reconstruction of the I-270 Corridor in Denver, he notes. Jacobs is also involved in renewable-energy projects and builds data centers.\nHubbell manufactures electrical equipment for industrial clients, including products to improve building energy efficiency and power transmission, helping create “smart grids.”\nInsteel manufactures steel wiring used in construction projects and water utilities, including reinforcement of piping and irrigation projects.\nUnion Pacific runs one of the largest freight-rail networks in the U.S., operating in 23 western states, and would benefit from increased volume of raw materials and industrial goods.\nInvestors may be paying a steep premium for these stocks, though.\nJacobs is up 26% this year and trades at 19 times next-12-month earnings, a 19% premium to its five-year average price/earnings multiple. If there’s upside, however, it could be in infrastructure—Jacobs’ “people and places” business generates $7 billion in annual revenue through modernizing public and private projects, partly to meet higher environmental standards, the company said on a recent earnings call.\nHubbell is up 27% this year and goes for 21 times earnings, against a five-year P/E average of 18. The company would benefit from increased spending on renewable-energy infrastructure, including solar and wind components.\nInsteel has gained 75% this year, though it still trades at a modest 13 times earnings. The company is facing supply constraints and logistics issues, though an infrastructure bill would be a benefit, Insteel recently told analysts.\nUnion Pacific stock is only up 5% this year and trades at 20 times earnings, above its five year P/E average of 19.\nFreight volume has been depressed due to supply-chain disruptions, a shortage of semiconductors, and backlogs of goods waiting to be unloaded at U.S. ports.\nBut the railroad is expecting raw materials volume to remain robust as the economy gains momentum. And Union hiked its annual dividend in May by 10% to $1.07 a share, giving it a 2% annualized yield.\nOther infrastructure favorites include aggregates companies Vulcan Materials(VMC) and Martin Marietta Materials(MLM), and industrial-machinery giants Deere(DE) and Caterpillar(CAT). In broadband, cell-tower companies such as American Tower REIT(AMT),SBA Communications(SBAC), and Crown Castle International(CCI) could benefit.\nInvestors can also gain exposure to the theme through an ETF. Top performers in clean tech this year include First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index(GRID),Invesco MSCI Sustainable Future(ERTH), and First Trust Global Wind Energy(FAN).\nAsBarron’s has noted, electric-vehicle-charger component providers, including Amphenol (APH),TE Connectivity (TEL), and Sensata Technologies Holding (ST), could also be winners.\nThe iShares U.S. Infrastructure ETF (IFRA) includes a big slug of utilities at 44% of its asset base. The ETF has done well this year, gaining 20% against a 17% return for the S&P 500.\nThere could be more gains ahead if the infrastructure train finally leaves Union Station in Washington.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803692297,"gmtCreate":1627434855419,"gmtModify":1633765036601,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803692297","repostId":"2154991792","repostType":4,"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803692976,"gmtCreate":1627434832695,"gmtModify":1633765037061,"author":{"id":"3582550643152901","authorId":"3582550643152901","name":"Klyy","avatar":"https://static.tigerbbs.com/33ea9606913f634a1d83024cbc093cc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582550643152901","authorIdStr":"3582550643152901"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803692976","repostId":"2154991792","repostType":4,"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}