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BlueDaisy
2021-10-09
Higher material cost, labour cost, oil price, rate hike pressure, these are among the headwinds.... Looking forward to earnings release
Morgan Stanley is still calling for a 10%-20% crash — protect yourself this way<blockquote>摩根士丹利仍在呼吁10%-20%的崩盘——这样保护自己</blockquote>
BlueDaisy
2021-06-12
Trade carefully. Like and comment
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BlueDaisy
2021-08-06
The way she bought and sold stocks, made ppl tempted to short her funds
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BlueDaisy
2021-06-14
He is just using his influence to make money for himself
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BlueDaisy
2021-08-12
Another EV!!!
Li Auto's Hong Kong shares close down on debut, says considering mainland listing<blockquote>理想汽车港股首次亮相就收跌,称考虑在内地上市</blockquote>
BlueDaisy
2021-06-15
So brave, good luck!!
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BlueDaisy
2021-10-07
Good reminder. Sometimes we got carried away by market fluctuations
Warren Buffett’s folksy investing advice is just what you need in this unfriendly stock market<blockquote>沃伦·巴菲特平易近人的投资建议正是您在这个不友好的股市中所需要的</blockquote>
BlueDaisy
2021-07-13
Time to relook at Nokia
Nokia shares jumps 8% in premarket,as planning to raise full-year outlook<blockquote>诺基亚股价盘前上涨8%,计划上调全年预期</blockquote>
BlueDaisy
2021-07-03
A good list for my weekend homework!!
These 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这15只股票——6月份跌幅最大的股票——可能成为7月份的赢家</blockquote>
BlueDaisy
2021-07-13
Congrats to those who bought the dip!!
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去老虎APP查看更多动态
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","text":"This one not for me!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/692275252","repostId":"2195485524","repostType":4,"isVote":1,"tweetType":1,"viewCount":3590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692207498,"gmtCreate":1640965156390,"gmtModify":1640965156889,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"The concern is valid. ","listText":"The concern is valid. ","text":"The concern is valid.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692207498","repostId":"1169883950","repostType":4,"isVote":1,"tweetType":1,"viewCount":4507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698265087,"gmtCreate":1640410924475,"gmtModify":1640410924957,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Too early to judge. ","listText":"Too early to judge. ","text":"Too early to judge.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698265087","repostId":"2193142542","repostType":4,"isVote":1,"tweetType":1,"viewCount":4787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698262296,"gmtCreate":1640410774571,"gmtModify":1640410775030,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"I hope so. ","listText":"I hope so. ","text":"I hope so.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698262296","repostId":"2193144893","repostType":4,"isVote":1,"tweetType":1,"viewCount":4013,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691751109,"gmtCreate":1640249466831,"gmtModify":1640249467299,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Like this company! ","listText":"Like this company! ","text":"Like this company!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691751109","repostId":"1109517261","repostType":4,"repost":{"id":"1109517261","kind":"news","pubTimestamp":1640243066,"share":"https://www.laohu8.com/m/news/1109517261?lang=zh_CN&edition=full","pubTime":"2021-12-23 15:04","market":"us","language":"en","title":"What Analysts Think About Adobe Now After a Strong Quarter<blockquote>在经历了强劲的季度后,分析师对Adobe的看法</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109517261","media":"InvestorPlace","summary":"ADBE stock delivered a solid FY2021 performance, yet analysts now have mixed expectations for 2022","content":"<p><div> Adobe(NASDAQ:ADBE) is a digital media and marketing software maker that after releasing its earnings for the fourth quarter of fiscal year 2021 had several analysts revising their price targets, which...</p><p><blockquote><div>Adobe(纳斯达克股票代码:ADBE)是一家数字媒体和营销软件制造商,在发布2021财年第四季度收益后,几位分析师修改了他们的价格目标...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/adbe-stock-what-analysts-think-now-after-a-strong-quarter/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/adbe-stock-what-analysts-think-now-after-a-strong-quarter/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Analysts Think About Adobe Now After a Strong Quarter<blockquote>在经历了强劲的季度后,分析师对Adobe的看法</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Analysts Think About Adobe Now After a Strong Quarter<blockquote>在经历了强劲的季度后,分析师对Adobe的看法</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-23 15:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Adobe(NASDAQ:ADBE) is a digital media and marketing software maker that after releasing its earnings for the fourth quarter of fiscal year 2021 had several analysts revising their price targets, which...</p><p><blockquote><div>Adobe(纳斯达克股票代码:ADBE)是一家数字媒体和营销软件制造商,在发布2021财年第四季度收益后,几位分析师修改了他们的价格目标...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/adbe-stock-what-analysts-think-now-after-a-strong-quarter/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/adbe-stock-what-analysts-think-now-after-a-strong-quarter/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://investorplace.com/2021/12/adbe-stock-what-analysts-think-now-after-a-strong-quarter/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"source_url":"https://investorplace.com/2021/12/adbe-stock-what-analysts-think-now-after-a-strong-quarter/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109517261","content_text":"Adobe(NASDAQ:ADBE) is a digital media and marketing software maker that after releasing its earnings for the fourth quarter of fiscal year 2021 had several analysts revising their price targets, which is a typical scenario on Wall Street. My opinion on Adobe now can be described simply as as a great company with a very high-quality stock that is pricey. The only reason that I am mixed on ADBE stock is its valuation.\nA few months ago, in the early summer I mentioned ADBE stock in my article on the best tech stocks to buy in the enterprise sector.\nI noted then that I liked the sales growth, net income growth, the strong balance sheet, and the free cash flow. I considered that the active stock repurchase program through the end of fiscal 2021 was just another positive factor going for the stock. At the time of that article, ADBE’s stock price was $535.52. There was a rally until Nov. 22, 2021, reaching a 52-week high of $699.54 but as of Dec. 22, 2021, the stock lost about 20% falling to $560.94.\nA quick note about this sell-off in Adobe. Should the stock fall furthermore I would consider it very attractive, as with its latest decline it still seems pricey. The key catalyst that will drive shares of Adobe now and into 2022 are its earnings, and revenue growth. The Q4 FY2021 earnings report was a strong one but also a mixed one.\nStrong Revenue Growth and Record Performance in Q4\nThe good news first is that Adobe “achieved record revenue of $4.11 billion in its fourth quarter of the fiscal year 2021, which represents 20 percent year-over-year growth” and “Cash flows from operations were a record $2.05 billion.”\nFor the Q4 FY2021, all business segments reported sales growth. The revenue for Digital Media, Creative, and Document Cloud on a year-over-year basis was up 21%, 19%, and 29% respectively.\nFor the full fiscal year 2021, the company announced a record annual revenue of $15.79 billion, representing year-over-year growth of 23%. Another strong key metric reported was a record $7.23 billion in operating cash flows. Share buybacks were approximately 7.2 million shares during the year.\nEven with all these very strong figures analysts’ responses were mixed and several of them revised their price targets of Adobe.\nAre Analysts’ New ADBE Stock Price Targets Justified?\nWhat are some of the notable Adobe stock price revisions now?\n\nPiper Sandler analyst Clarke Jeffries lowered the price target from $670 to $630 but kept an Overweight consensus\nStifel analyst J. Parker Lane lowered their price target to $700 from $750\nJP Morgan downgraded the stock to a Neutral rating and a price target of $680\n\nThe key reason for analysts becoming more pessimistic was that Adobe’s FY2022 guidance missed some important estimates. “For fiscal 2022, Adobe forecast adjusted earnings of $13.70 per share on sales of $17.9 billion. Wall Street was targeting Adobe earnings of $14.26 a share on sales of $18.16 billion.”\nAre these price targets revisions justified?\nTo a very large degree I would argue that yes, they are. Lower projected revenue and earnings per share (EPS) in most cases support a lower stock price.\nHowever, I believe that there are a few missing points in these stock price revisions.\nFactors That Favor a Strong Price Forecast for ADBE Stock\nAdobe in its FY 2021 financial results exceeded all its original targets of key metrics set in late 2020. This is a remarkable milestone. It justifies my previous comment about a stock with very high-qualitative features.\nThese key metrics are total revenue, EPS, Digital Media’s annualized recurring revenue (ARR), and business segments revenue.\nIt may well be the case that the firm is applying a conservative approach to its estimates. Any positive surprises most probably will be supportive of the stock price.\nAdobe estimates that TAM (Total Addressable Market) by the year 2024 may reach $205 billion. I like the business model powering digital businesses and see a lot of market opportunities. Another round of share buybacks in 2022 could also prove to be beneficial for the stock.\nTurning to valuation datafrom Simply Wall Street shows that ADBE stock is trading at a premium based on its PE Ratio (56.02x) compared to the US market (16.8x) and is pricey based on its PEG Ratio (2x).\nWhere This Leaves ADBE Stock\nI like a lot the fundamentals of Adobe, but the truth is its stock price, which is up now about 11.8% for the year, is just too expensive.\nThe next year could be very challenging for high-growth stocks. A tighter monetary policy set by the Federal Reserve will likely put high-growth stocks under more pressure. There is, however, a vital factor that makes Adobe different from high-growth stocks.\nNot all these stocks are profitable or have high-quality fundamentals. 2022 will likely see higher monetary and capital costs, and Adobe offers a safety net with its excellent 2021 performance. While the stock is expensive, a potential sell-off could make this software maker very attractive.","news_type":1,"symbols_score_info":{"ADBE":0.9}},"isVote":1,"tweetType":1,"viewCount":2774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691850186,"gmtCreate":1640170871456,"gmtModify":1640170873549,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Really?? ","listText":"Really?? ","text":"Really??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691850186","repostId":"1123262270","repostType":4,"repost":{"id":"1123262270","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640150854,"share":"https://www.laohu8.com/m/news/1123262270?lang=zh_CN&edition=full","pubTime":"2021-12-22 13:27","market":"us","language":"en","title":"Apple And Disney Merging Into A Single Company? Bob Iger Says It Was A Real Possibility If Not For Steve Jobs' Demise<blockquote>苹果和迪斯尼合并成一家公司?鲍勃·艾格表示,如果不是史蒂夫·乔布斯去世,这是一种真正的可能性</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123262270","media":"Benzinga","summary":"he Walt Disney Co and Apple Inc would have ended up discussing a merger between the companies if Ste","content":"<p><b>he Walt Disney Co</b> and <b>Apple Inc</b> would have ended up discussing a merger between the companies if <b>Steve Jobs</b> would have been alive, Disney Chair <b>Bob Iger</b> said in an interview Tuesday.</p><p><blockquote><b>华特迪斯尼公司</b>和<b>苹果公司</b>最终会讨论两家公司之间的合并,如果<b>史蒂夫·乔布斯</b>会活着,迪斯尼椅子<b>鲍勃·艾格</b>周二在接受采访时说。</blockquote></p><p> <b>What Happened:</b>Iger told CNBC that, while Jobs and him never actually discussed a merger, he said a deal would have “gotten there,”reported Apple Insider.</p><p><blockquote><b>发生了什么:</b>据《苹果内幕》报道,艾格告诉CNBC,虽然乔布斯和他从未真正讨论过合并,但他表示交易“已经达成”。</blockquote></p><p> Jobs was passionate about “everything that Disney did,” said Iger. The Disney Chair said the intersection of liberal arts and technology made Jobs’ “heart sing.”</p><p><blockquote>艾格说,乔布斯对“迪士尼所做的一切”充满热情。迪斯尼主席说,文科和技术的交叉让乔布斯的“心在歌唱”。</blockquote></p><p> Disney’s content would be a natural fit for the iPhone maker, said Iger. On the merger between the two companies, he said, “I'm pretty convinced we would have had that discussion.”</p><p><blockquote>艾格表示,迪士尼的内容非常适合这家iPhone制造商。关于两家公司的合并,他说:“我非常相信我们会进行这样的讨论。”</blockquote></p><p> <b>Why It Matters:</b>The Disney executive also revealed how he spent months getting to know Jobs, who was an investor and co-founder of <b>Pixar Studios</b>. The bond between the two reportedly grew when Disney acquired the studio.</p><p><blockquote><b>为什么重要:</b>这位迪士尼高管还透露了他是如何花了几个月时间来了解乔布斯的,乔布斯是迪士尼的投资者和联合创始人<b>皮克斯工作室</b>据报道,当迪士尼收购该工作室时,两者之间的联系更加紧密。</blockquote></p><p> The acquisition made Jobs Disney’s largest shareholder and a board member of the entertainment behemoth.</p><p><blockquote>此次收购使乔布斯成为迪士尼最大的股东和这家娱乐巨头的董事会成员。</blockquote></p><p> Jobs in turn selected Iger to succeed him on the Apple board of directors. Iger exited as a board member in 2019.</p><p><blockquote>乔布斯反过来选择艾格接替他进入苹果董事会。艾格于2019年辞去董事会成员职务。</blockquote></p><p> Iger stepped down as Disney CEO in 2020. He will officially give up the role of Chair at the end of 2021.</p><p><blockquote>艾格于2020年辞去迪士尼首席执行官一职。他将于2021年底正式放弃主席一职。</blockquote></p><p> In the interview, Iger said that he began thinking about stepping down after he became too dismissive of other people’s opinions.</p><p><blockquote>在采访中,艾格表示,在他变得过于不屑一顾之后,他开始考虑辞职。</blockquote></p><p> <b>Price Action:</b>On Tuesday, Disney shares closed 3.1% higher at $151.05 in the regular session. On the same day, Apple shares ended the regular session 1.9% higher at $172.99 and fell 0.2% in the after-hours session.</p><p><blockquote><b>价格走势:</b>周二,迪士尼股价在常规交易中收盘上涨3.1%,至151.05美元。当天,苹果股价常规交易时段收盘上涨1.9%,至172.99美元,盘后交易时段下跌0.2%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple And Disney Merging Into A Single Company? Bob Iger Says It Was A Real Possibility If Not For Steve Jobs' Demise<blockquote>苹果和迪斯尼合并成一家公司?鲍勃·艾格表示,如果不是史蒂夫·乔布斯去世,这是一种真正的可能性</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple And Disney Merging Into A Single Company? Bob Iger Says It Was A Real Possibility If Not For Steve Jobs' Demise<blockquote>苹果和迪斯尼合并成一家公司?鲍勃·艾格表示,如果不是史蒂夫·乔布斯去世,这是一种真正的可能性</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-12-22 13:27</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>he Walt Disney Co</b> and <b>Apple Inc</b> would have ended up discussing a merger between the companies if <b>Steve Jobs</b> would have been alive, Disney Chair <b>Bob Iger</b> said in an interview Tuesday.</p><p><blockquote><b>华特迪斯尼公司</b>和<b>苹果公司</b>最终会讨论两家公司之间的合并,如果<b>史蒂夫·乔布斯</b>会活着,迪斯尼椅子<b>鲍勃·艾格</b>周二在接受采访时说。</blockquote></p><p> <b>What Happened:</b>Iger told CNBC that, while Jobs and him never actually discussed a merger, he said a deal would have “gotten there,”reported Apple Insider.</p><p><blockquote><b>发生了什么:</b>据《苹果内幕》报道,艾格告诉CNBC,虽然乔布斯和他从未真正讨论过合并,但他表示交易“已经达成”。</blockquote></p><p> Jobs was passionate about “everything that Disney did,” said Iger. The Disney Chair said the intersection of liberal arts and technology made Jobs’ “heart sing.”</p><p><blockquote>艾格说,乔布斯对“迪士尼所做的一切”充满热情。迪斯尼主席说,文科和技术的交叉让乔布斯的“心在歌唱”。</blockquote></p><p> Disney’s content would be a natural fit for the iPhone maker, said Iger. On the merger between the two companies, he said, “I'm pretty convinced we would have had that discussion.”</p><p><blockquote>艾格表示,迪士尼的内容非常适合这家iPhone制造商。关于两家公司的合并,他说:“我非常相信我们会进行这样的讨论。”</blockquote></p><p> <b>Why It Matters:</b>The Disney executive also revealed how he spent months getting to know Jobs, who was an investor and co-founder of <b>Pixar Studios</b>. The bond between the two reportedly grew when Disney acquired the studio.</p><p><blockquote><b>为什么重要:</b>这位迪士尼高管还透露了他是如何花了几个月时间来了解乔布斯的,乔布斯是迪士尼的投资者和联合创始人<b>皮克斯工作室</b>据报道,当迪士尼收购该工作室时,两者之间的联系更加紧密。</blockquote></p><p> The acquisition made Jobs Disney’s largest shareholder and a board member of the entertainment behemoth.</p><p><blockquote>此次收购使乔布斯成为迪士尼最大的股东和这家娱乐巨头的董事会成员。</blockquote></p><p> Jobs in turn selected Iger to succeed him on the Apple board of directors. Iger exited as a board member in 2019.</p><p><blockquote>乔布斯反过来选择艾格接替他进入苹果董事会。艾格于2019年辞去董事会成员职务。</blockquote></p><p> Iger stepped down as Disney CEO in 2020. He will officially give up the role of Chair at the end of 2021.</p><p><blockquote>艾格于2020年辞去迪士尼首席执行官一职。他将于2021年底正式放弃主席一职。</blockquote></p><p> In the interview, Iger said that he began thinking about stepping down after he became too dismissive of other people’s opinions.</p><p><blockquote>在采访中,艾格表示,在他变得过于不屑一顾之后,他开始考虑辞职。</blockquote></p><p> <b>Price Action:</b>On Tuesday, Disney shares closed 3.1% higher at $151.05 in the regular session. On the same day, Apple shares ended the regular session 1.9% higher at $172.99 and fell 0.2% in the after-hours session.</p><p><blockquote><b>价格走势:</b>周二,迪士尼股价在常规交易中收盘上涨3.1%,至151.05美元。当天,苹果股价常规交易时段收盘上涨1.9%,至172.99美元,盘后交易时段下跌0.2%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123262270","content_text":"he Walt Disney Co and Apple Inc would have ended up discussing a merger between the companies if Steve Jobs would have been alive, Disney Chair Bob Iger said in an interview Tuesday.\nWhat Happened:Iger told CNBC that, while Jobs and him never actually discussed a merger, he said a deal would have “gotten there,”reported Apple Insider.\nJobs was passionate about “everything that Disney did,” said Iger. The Disney Chair said the intersection of liberal arts and technology made Jobs’ “heart sing.”\nDisney’s content would be a natural fit for the iPhone maker, said Iger. On the merger between the two companies, he said, “I'm pretty convinced we would have had that discussion.”\nWhy It Matters:The Disney executive also revealed how he spent months getting to know Jobs, who was an investor and co-founder of Pixar Studios. The bond between the two reportedly grew when Disney acquired the studio.\nThe acquisition made Jobs Disney’s largest shareholder and a board member of the entertainment behemoth.\nJobs in turn selected Iger to succeed him on the Apple board of directors. Iger exited as a board member in 2019.\nIger stepped down as Disney CEO in 2020. He will officially give up the role of Chair at the end of 2021.\nIn the interview, Iger said that he began thinking about stepping down after he became too dismissive of other people’s opinions.\nPrice Action:On Tuesday, Disney shares closed 3.1% higher at $151.05 in the regular session. On the same day, Apple shares ended the regular session 1.9% higher at $172.99 and fell 0.2% in the after-hours session.","news_type":1,"symbols_score_info":{"DIS":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691827301,"gmtCreate":1640170705386,"gmtModify":1640170707496,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Like this one. Waiting for the right price. ","listText":"Like this one. Waiting for the right price. ","text":"Like this one. Waiting for the right price.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691827301","repostId":"1148139257","repostType":4,"repost":{"id":"1148139257","kind":"news","pubTimestamp":1640156605,"share":"https://www.laohu8.com/m/news/1148139257?lang=zh_CN&edition=full","pubTime":"2021-12-22 15:03","market":"us","language":"en","title":"Nvidia: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达:数据中心将占据主导地位,但我会以这些价格等待</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148139257","media":"Seeking Alpha","summary":"Summary\n\nNvidia's business and technology is second to none and the company has proven it can create","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Nvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.</li> <li>Data Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.</li> <li>But the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.</li> <li>I'm content holding here but will add at $264 and below.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16229a92c1ab97cde25cb10d9bf33c38\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Mikhail Konoplev/iStock via Getty Images</span></p><p><blockquote><ul><li>英伟达的业务和技术是首屈一指的,该公司已经证明它可以创造和引领多个市场。</li><li>数据中心将在收入方面占据主导地位,这是投资者应该想要的;该部门提高了毛利率。</li><li>但该股的定价处于漫长的增长轨道上,并且不会在证明估值合理所需的时间范围内实现这一目标。</li><li>我满足于持有这里,但将增加264美元及以下。</li></ul><p class=\"t-img-caption\"><span>米哈伊尔·科诺普列夫/iStock来自Getty Images</span></p></blockquote></p><p> It's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.</p><p><blockquote>很难找到一家公司能够在多个市场中主导一个领域。然而,你肯定可以找到在一个市场中主导一个领域的公司。例如,Netflix(NFLX)在电影/节目流媒体领域占据主导地位,但在体育直播或视频游戏领域却不占据主导地位。很难找到一家公司在计算能力等一个领域占据主导地位,同时在游戏、数据中心和专业渲染等不同市场占据主导地位。但是,英伟达(NVDA)非常符合这一要求。其专业计算能力领域已变得无与伦比,通过创造新技术和用例以惊人的速度增长收入。这正在推动加速增长,随着其数据中心部门准备接管公司,这在市场上获得了丰厚的回报。但即便如此,我也无法证明以如此高的估值为其付费是合理的。</blockquote></p><p> Don't get me wrong, I'm not only an avid Nvidia bull - with the record to prove it - but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.</p><p><blockquote>不要误会我的意思,我不仅是一个狂热的英伟达多头——有记录证明了这一点——而且在投资方面也做得很好。它已成为我投资生涯中按百分比计算的最大股票回报之一。而且,正如我很快就会讲到的,英伟达的主导地位不会很快减弱。但是,即便如此,建立300美元以上的头寸也存在更大的风险,因为增长率必须在更长时间内保持较高水平才能与估值相匹配。</blockquote></p><p> <b>Great Business Strength On Two Fronts</b></p><p><blockquote><b>两方面业务实力雄厚</b></blockquote></p><p> Nvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.</p><p><blockquote>过去几个季度,英伟达超出预期并提高指引并不是什么新鲜事。然而,有趣的是,它有能力在供应紧张时期和季节性疲软的季度继续发展游戏部门。这一点在该公司第三季度游戏收入环比增长5.2%的能力中显而易见。不过,管理层预计这种优势将持续下去。据其称,游戏和数据中心将推动第四季度的环比增长。</blockquote></p><p> <i>We expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.</i> Nvidia CFO,FQ3 Earnings Call The key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.</p><p><blockquote><i>我们预计数据中心和游戏将推动环比增长,足以抵消CMP的下降。</i>英伟达首席财务官,第三季度收益看涨期权关键部分是过去几个季度数据中心的增长超过了游戏的增长。因此,如果本季度数据中心自21年第二季度(22年第四季度)以来首次达到或超过游戏收入,我不会感到惊讶。这是因为数据中心的增长在过去两个季度有所回升,超过了游戏的环比增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5aa9ae7f41224f726f309ec9ce84a1a\" tg-width=\"640\" tg-height=\"370\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Chart mine,数据来自英伟达FQ3'22季度收入趋势)</span></p></blockquote></p><p> As the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.</p><p><blockquote>正如次轴上的环比线所示,数据中心自21年第4季度以来增长加速,而游戏增长自22年第1季度以来放缓。FQ2'21的大幅增长与Mellanox收购有关,并且由于我概述的增长始于FQ4'21,因此它变得独立于Mellanox,因为比较是季度/季度而不是年/年。在21年第三季度和22年第一季度之间经历了三个季度的名义环比增长之后尤其如此。</blockquote></p><p> Now, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.</p><p><blockquote>现在,我预计数据中心在22年第四季度的环比增长率不会达到24%或更高,但我确实预计它的增长速度会快于游戏。根据我们从Broadcom(AVGO)和Marvell(MRVL)等其他公司最近的收益中看到的情况,数据中心在今年年底看起来非常强劲。因此,我估计数据中心增长14%,游戏增长5%(环比)。虽然这对两个部门来说都是减速,但如果整个季度的表现超出我的预期,我已经为数据中心留出了空间,以弥补我计算中it和游戏之间3500万美元的差额。</blockquote></p><p></p><p> Digging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.</p><p><blockquote>进一步挖掘,请注意哪个部门的季度/季度增长与毛利率一致。更准确地说,数据中心在it和游戏之间的收入份额构成推动了毛利率趋势(计算为(DC)/(DC+游戏)),如下所示。数据中心跃居第一的位置正是投资者应该想要的,因为它会提高毛利率。Omniverse和元宇宙的故事与更重要的数据中心部门完美契合。这有助于英伟达在过去几年中一直在推动数据中心的增长,远在2019年宣布收购Mellanox之前,因为该公司领先于科技行业为元宇宙需求做好准备所需的曲线。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce95b60f491febf2a5cc611f983de1a3\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's Quarterly Press Releases)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Chart mine,数据来自英伟达季度新闻稿)</span></p></blockquote></p><p> These are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.</p><p><blockquote>这些都是英伟达在业务方面表现良好并将继续如此的重要原因。其两个主要市场都有一定的实力,并且数据中心和PC对GPU的需求不断增长。就英伟达的业务而言,它是我最喜欢的业务之一,并且通过其不断改进的技术创造新的用例和终端市场需求的潜力最大。</blockquote></p><p> <b>Where Business Meets Stock</b></p><p><blockquote><b>业务与库存的相遇</b></blockquote></p><p> The points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?</p><p><blockquote>我刚才讨论的要点是为什么该股的估值在过去几个月里飙升——这是对数据中心持续增长和利润率的定价。然而,什么时候估值过高,市场无法承受?</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f9cdd482c064248470e0c01e9b9ab90\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> With the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.</p><p><blockquote>由于市销率接近相对历史高位,市场表示预计未来三年收入将继续增长50%。因此,这意味着市场预计共识预期将在未来一年左右大幅上升。因此,该公司必须略高于下面所示的2023年和2024年的“高”预期,才能证明估值合理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cabb94994fe458be597ed0a3260763f\" tg-width=\"640\" tg-height=\"133\" width=\"100%\" height=\"auto\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:寻求阿尔法)</span></p></blockquote></p><p> This isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.</p><p><blockquote>对于Nvidia来说,这并非不可能,该公司在过去两年中不断提高标准,但在2024财年(2023年2月才开始,还有一年多一点的时间)收入达到$49.50 B是不可能的。如果没有ARM(ARMH)收购的进行,这种情况就不太可能发生。在这一点上,这种情况不太可能发生,因为来自所有主要国家的反对意见越来越多。</blockquote></p><p> As I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.</p><p><blockquote>正如我已经概述的,英伟达的业务很强大,并且具有相当惊人的潜力,可以比以往任何时候都更深入地推动技术并充分利用它。我对市盈率为30或以上的股票的问题是,它能否从现在开始带来与目前相同的回报?该公司必须证明,它的表现甚至可以超越其提高指引的记录,然后每季度超出指引超过10亿美元(在指引上调和随后超出共识之间),才能达到所需的2024年高数字。</blockquote></p><p> <b>Finding A Level To Add At</b></p><p><blockquote><b>查找要添加的级别</b></blockquote></p><p> I originally shared these thoughts with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.</p><p><blockquote>我最初是在11月24日与我的订阅者分享这些想法的,当时该股的交易价格为每股326美元。该股目前的交易价格约为300美元,下跌了8%,虽然这降低了风险,但该股的风险仍然高于我愿意加仓的风险。随着过去几周高市盈率股票成为抛售目标,英伟达也是受到类似打击的主要目标。</blockquote></p><p> That being said, where am I comfortable to add?</p><p><blockquote>话虽如此,我在哪里可以舒服地添加呢?</blockquote></p><p> A 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.</p><p><blockquote>一开始的混合远期市盈率为20或以下将显着降低风险,同时仍然为Nvidia提供值得持续高增长的市盈率。这意味着股价为210美元。我预计该股不会达到这一目标,除非市场担心增长不稳定或者我们出现市场调整。如果您是绝对规避风险的成长型股票投资者,那么这就是您的目标。</blockquote></p><p> For those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.</p><p><blockquote>对于我们这些风险承受能力稍强的人来说,我会将市盈率定为20,而2023财年的收入预期目前为$31.45 B。这给了我们一个248美元的目标,可以添加。此外,在共识预期的基础上增加小幅上行空间,以考虑到稳定的节拍和加薪,收入预期为$33.5 B(仍低于$34.40 B的最高预期),相当于股价为$264,较周三下跌12%水平。</blockquote></p><p> <b>I'll Be Patient</b></p><p><blockquote><b>我会有耐心的</b></blockquote></p><p></p><p> This doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.</p><p><blockquote>这并不意味着我对该股没有建设性——也许它会继续走高,并且在未来几个月内预期会上调,在这种情况下,我很高兴我持有该股。但事实就是如此。我持有目前的头寸,如果市场允许,我希望在逢低买入。我看好该公司,但不喜欢当前估值带来的风险。</blockquote></p><p> I look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.</p><p><blockquote>如果机会出现,我期待着补充,但如果股票继续走高,我不会感到不安。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达:数据中心将占据主导地位,但我会以这些价格等待</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达:数据中心将占据主导地位,但我会以这些价格等待</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-22 15:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Nvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.</li> <li>Data Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.</li> <li>But the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.</li> <li>I'm content holding here but will add at $264 and below.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16229a92c1ab97cde25cb10d9bf33c38\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Mikhail Konoplev/iStock via Getty Images</span></p><p><blockquote><ul><li>英伟达的业务和技术是首屈一指的,该公司已经证明它可以创造和引领多个市场。</li><li>数据中心将在收入方面占据主导地位,这是投资者应该想要的;该部门提高了毛利率。</li><li>但该股的定价处于漫长的增长轨道上,并且不会在证明估值合理所需的时间范围内实现这一目标。</li><li>我满足于持有这里,但将增加264美元及以下。</li></ul><p class=\"t-img-caption\"><span>米哈伊尔·科诺普列夫/iStock来自Getty Images</span></p></blockquote></p><p> It's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.</p><p><blockquote>很难找到一家公司能够在多个市场中主导一个领域。然而,你肯定可以找到在一个市场中主导一个领域的公司。例如,Netflix(NFLX)在电影/节目流媒体领域占据主导地位,但在体育直播或视频游戏领域却不占据主导地位。很难找到一家公司在计算能力等一个领域占据主导地位,同时在游戏、数据中心和专业渲染等不同市场占据主导地位。但是,英伟达(NVDA)非常符合这一要求。其专业计算能力领域已变得无与伦比,通过创造新技术和用例以惊人的速度增长收入。这正在推动加速增长,随着其数据中心部门准备接管公司,这在市场上获得了丰厚的回报。但即便如此,我也无法证明以如此高的估值为其付费是合理的。</blockquote></p><p> Don't get me wrong, I'm not only an avid Nvidia bull - with the record to prove it - but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.</p><p><blockquote>不要误会我的意思,我不仅是一个狂热的英伟达多头——有记录证明了这一点——而且在投资方面也做得很好。它已成为我投资生涯中按百分比计算的最大股票回报之一。而且,正如我很快就会讲到的,英伟达的主导地位不会很快减弱。但是,即便如此,建立300美元以上的头寸也存在更大的风险,因为增长率必须在更长时间内保持较高水平才能与估值相匹配。</blockquote></p><p> <b>Great Business Strength On Two Fronts</b></p><p><blockquote><b>两方面业务实力雄厚</b></blockquote></p><p> Nvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.</p><p><blockquote>过去几个季度,英伟达超出预期并提高指引并不是什么新鲜事。然而,有趣的是,它有能力在供应紧张时期和季节性疲软的季度继续发展游戏部门。这一点在该公司第三季度游戏收入环比增长5.2%的能力中显而易见。不过,管理层预计这种优势将持续下去。据其称,游戏和数据中心将推动第四季度的环比增长。</blockquote></p><p> <i>We expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.</i> Nvidia CFO,FQ3 Earnings Call The key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.</p><p><blockquote><i>我们预计数据中心和游戏将推动环比增长,足以抵消CMP的下降。</i>英伟达首席财务官,第三季度收益看涨期权关键部分是过去几个季度数据中心的增长超过了游戏的增长。因此,如果本季度数据中心自21年第二季度(22年第四季度)以来首次达到或超过游戏收入,我不会感到惊讶。这是因为数据中心的增长在过去两个季度有所回升,超过了游戏的环比增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5aa9ae7f41224f726f309ec9ce84a1a\" tg-width=\"640\" tg-height=\"370\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Chart mine,数据来自英伟达FQ3'22季度收入趋势)</span></p></blockquote></p><p> As the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.</p><p><blockquote>正如次轴上的环比线所示,数据中心自21年第4季度以来增长加速,而游戏增长自22年第1季度以来放缓。FQ2'21的大幅增长与Mellanox收购有关,并且由于我概述的增长始于FQ4'21,因此它变得独立于Mellanox,因为比较是季度/季度而不是年/年。在21年第三季度和22年第一季度之间经历了三个季度的名义环比增长之后尤其如此。</blockquote></p><p> Now, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.</p><p><blockquote>现在,我预计数据中心在22年第四季度的环比增长率不会达到24%或更高,但我确实预计它的增长速度会快于游戏。根据我们从Broadcom(AVGO)和Marvell(MRVL)等其他公司最近的收益中看到的情况,数据中心在今年年底看起来非常强劲。因此,我估计数据中心增长14%,游戏增长5%(环比)。虽然这对两个部门来说都是减速,但如果整个季度的表现超出我的预期,我已经为数据中心留出了空间,以弥补我计算中it和游戏之间3500万美元的差额。</blockquote></p><p></p><p> Digging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.</p><p><blockquote>进一步挖掘,请注意哪个部门的季度/季度增长与毛利率一致。更准确地说,数据中心在it和游戏之间的收入份额构成推动了毛利率趋势(计算为(DC)/(DC+游戏)),如下所示。数据中心跃居第一的位置正是投资者应该想要的,因为它会提高毛利率。Omniverse和元宇宙的故事与更重要的数据中心部门完美契合。这有助于英伟达在过去几年中一直在推动数据中心的增长,远在2019年宣布收购Mellanox之前,因为该公司领先于科技行业为元宇宙需求做好准备所需的曲线。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce95b60f491febf2a5cc611f983de1a3\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's Quarterly Press Releases)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Chart mine,数据来自英伟达季度新闻稿)</span></p></blockquote></p><p> These are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.</p><p><blockquote>这些都是英伟达在业务方面表现良好并将继续如此的重要原因。其两个主要市场都有一定的实力,并且数据中心和PC对GPU的需求不断增长。就英伟达的业务而言,它是我最喜欢的业务之一,并且通过其不断改进的技术创造新的用例和终端市场需求的潜力最大。</blockquote></p><p> <b>Where Business Meets Stock</b></p><p><blockquote><b>业务与库存的相遇</b></blockquote></p><p> The points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?</p><p><blockquote>我刚才讨论的要点是为什么该股的估值在过去几个月里飙升——这是对数据中心持续增长和利润率的定价。然而,什么时候估值过高,市场无法承受?</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f9cdd482c064248470e0c01e9b9ab90\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> With the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.</p><p><blockquote>由于市销率接近相对历史高位,市场表示预计未来三年收入将继续增长50%。因此,这意味着市场预计共识预期将在未来一年左右大幅上升。因此,该公司必须略高于下面所示的2023年和2024年的“高”预期,才能证明估值合理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cabb94994fe458be597ed0a3260763f\" tg-width=\"640\" tg-height=\"133\" width=\"100%\" height=\"auto\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:寻求阿尔法)</span></p></blockquote></p><p> This isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.</p><p><blockquote>对于Nvidia来说,这并非不可能,该公司在过去两年中不断提高标准,但在2024财年(2023年2月才开始,还有一年多一点的时间)收入达到$49.50 B是不可能的。如果没有ARM(ARMH)收购的进行,这种情况就不太可能发生。在这一点上,这种情况不太可能发生,因为来自所有主要国家的反对意见越来越多。</blockquote></p><p> As I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.</p><p><blockquote>正如我已经概述的,英伟达的业务很强大,并且具有相当惊人的潜力,可以比以往任何时候都更深入地推动技术并充分利用它。我对市盈率为30或以上的股票的问题是,它能否从现在开始带来与目前相同的回报?该公司必须证明,它的表现甚至可以超越其提高指引的记录,然后每季度超出指引超过10亿美元(在指引上调和随后超出共识之间),才能达到所需的2024年高数字。</blockquote></p><p> <b>Finding A Level To Add At</b></p><p><blockquote><b>查找要添加的级别</b></blockquote></p><p> I originally shared these thoughts with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.</p><p><blockquote>我最初是在11月24日与我的订阅者分享这些想法的,当时该股的交易价格为每股326美元。该股目前的交易价格约为300美元,下跌了8%,虽然这降低了风险,但该股的风险仍然高于我愿意加仓的风险。随着过去几周高市盈率股票成为抛售目标,英伟达也是受到类似打击的主要目标。</blockquote></p><p> That being said, where am I comfortable to add?</p><p><blockquote>话虽如此,我在哪里可以舒服地添加呢?</blockquote></p><p> A 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.</p><p><blockquote>一开始的混合远期市盈率为20或以下将显着降低风险,同时仍然为Nvidia提供值得持续高增长的市盈率。这意味着股价为210美元。我预计该股不会达到这一目标,除非市场担心增长不稳定或者我们出现市场调整。如果您是绝对规避风险的成长型股票投资者,那么这就是您的目标。</blockquote></p><p> For those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.</p><p><blockquote>对于我们这些风险承受能力稍强的人来说,我会将市盈率定为20,而2023财年的收入预期目前为$31.45 B。这给了我们一个248美元的目标,可以添加。此外,在共识预期的基础上增加小幅上行空间,以考虑到稳定的节拍和加薪,收入预期为$33.5 B(仍低于$34.40 B的最高预期),相当于股价为$264,较周三下跌12%水平。</blockquote></p><p> <b>I'll Be Patient</b></p><p><blockquote><b>我会有耐心的</b></blockquote></p><p></p><p> This doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.</p><p><blockquote>这并不意味着我对该股没有建设性——也许它会继续走高,并且在未来几个月内预期会上调,在这种情况下,我很高兴我持有该股。但事实就是如此。我持有目前的头寸,如果市场允许,我希望在逢低买入。我看好该公司,但不喜欢当前估值带来的风险。</blockquote></p><p> I look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.</p><p><blockquote>如果机会出现,我期待着补充,但如果股票继续走高,我不会感到不安。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4475654-nvidia-data-center-will-dominate-wait-these-prices\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4475654-nvidia-data-center-will-dominate-wait-these-prices","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148139257","content_text":"Summary\n\nNvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.\nData Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.\nBut the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.\nI'm content holding here but will add at $264 and below.\n\nMikhail Konoplev/iStock via Getty Images\nIt's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.\nDon't get me wrong, I'm not only an avid Nvidia bull - with the record to prove it - but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.\nGreat Business Strength On Two Fronts\nNvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.\n\nWe expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.\n\n\n Nvidia CFO,FQ3 Earnings Call\n\nThe key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.\n(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)\nAs the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.\nNow, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.\nDigging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.\n(Source: Chart mine, data from Nvidia's Quarterly Press Releases)\nThese are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.\nWhere Business Meets Stock\nThe points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?\nData by YCharts\nWith the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.\n(Source: Seeking Alpha)\nThis isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.\nAs I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.\nFinding A Level To Add At\nI originally shared these thoughts with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.\nThat being said, where am I comfortable to add?\nA 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.\nFor those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.\nI'll Be Patient\nThis doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.\nI look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":2306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691023837,"gmtCreate":1640099776532,"gmtModify":1640099777026,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Great! ","listText":"Great! ","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691023837","repostId":"1176535609","repostType":4,"repost":{"id":"1176535609","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640093758,"share":"https://www.laohu8.com/m/news/1176535609?lang=zh_CN&edition=full","pubTime":"2021-12-21 21:35","market":"us","language":"en","title":"Boeing shares rose more than 1% in premarket trading as the company announced an order for 19 767 Freighters from UPS.<blockquote>波音公司宣布从UPS订购19架767架货机,股价在盘前交易中上涨超过1%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176535609","media":"Tiger Newspress","summary":"Boeing shares rose more than 1% in premarket trading as the company announced an order for 19 767 Fr","content":"<p>Boeing shares rose more than 1% in premarket trading as the company announced an order for 19 767 Freighters from UPS.<img src=\"https://static.tigerbbs.com/0fbbb8b64fd1e9dd1fc30ab075bbe380\" tg-width=\"706\" tg-height=\"600\" referrerpolicy=\"no-referrer\">\"The Boeing 767 is the most versatile aircraft we operate,\" said UPS U.S. Operations PresidentNando Cesarone. \"Our plan to purchase 19 aircraft and take delivery between 2023 and 2025 aligns with the strategy and capital expenditure forecast shared during ourJune 2021Investor and Analyst Day. It also supports our sustainability efforts by making our fleet more efficient and improving reliability,\" he said.</p><p><blockquote>波音公司宣布从UPS订购19架767架货机,股价在盘前交易中上涨超过1%。UPS美国运营总裁Nando Cesarone表示:“波音767是我们运营的最通用的飞机。”“我们购买19架飞机并在2023年至2025年期间交付的计划与2021年6月投资者和分析师日期间分享的战略和资本支出预测一致。它还通过提高机队效率和提高可靠性来支持我们的可持续发展努力,”他说。</blockquote></p><p> The deal adds to a record-breaking year for Boeing freighter sales, including 80 firm orders for new widebody freighters and more than 80 orders for Boeing Converted Freighters. In 2021 air cargo demand has surged due to an expansion of e-commerce and express cargo markets.</p><p><blockquote>这笔交易增加了波音货机销售破纪录的一年,包括80架新宽体货机的确定订单和80多架波音改装货机的订单。2021年,由于电子商务和快递货运市场的扩张,航空货运需求激增。</blockquote></p><p> \"This latest order for 19 jets bookends an incredible year for the Boeing Freighter family,\" saidIhssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. \"Since the program was launched, UPS has recognized the value of the 767 Freighter and utilized the airplane's outstanding cargo capabilities throughout its network. These new jets will enable UPS to meet expected near-term and long-term cargo demand with the proven economics, reliability and flexibility that are synonymous with the 767 Freighter.\"</p><p><blockquote>波音商业销售和营销高级副总裁Ihssane Mounir表示:“19架喷气式飞机的最新订单为波音货机家族开启了令人难以置信的一年。”“自该计划启动以来,UPS已经认识到767货机的价值,并在其整个网络中利用了该飞机出色的货运能力。这些新喷气式飞机将使UPS能够以767货机成熟的经济性、可靠性和灵活性来满足预期的近期和长期货运需求。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing shares rose more than 1% in premarket trading as the company announced an order for 19 767 Freighters from UPS.<blockquote>波音公司宣布从UPS订购19架767架货机,股价在盘前交易中上涨超过1%。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing shares rose more than 1% in premarket trading as the company announced an order for 19 767 Freighters from UPS.<blockquote>波音公司宣布从UPS订购19架767架货机,股价在盘前交易中上涨超过1%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-21 21:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Boeing shares rose more than 1% in premarket trading as the company announced an order for 19 767 Freighters from UPS.<img src=\"https://static.tigerbbs.com/0fbbb8b64fd1e9dd1fc30ab075bbe380\" tg-width=\"706\" tg-height=\"600\" referrerpolicy=\"no-referrer\">\"The Boeing 767 is the most versatile aircraft we operate,\" said UPS U.S. Operations PresidentNando Cesarone. \"Our plan to purchase 19 aircraft and take delivery between 2023 and 2025 aligns with the strategy and capital expenditure forecast shared during ourJune 2021Investor and Analyst Day. It also supports our sustainability efforts by making our fleet more efficient and improving reliability,\" he said.</p><p><blockquote>波音公司宣布从UPS订购19架767架货机,股价在盘前交易中上涨超过1%。UPS美国运营总裁Nando Cesarone表示:“波音767是我们运营的最通用的飞机。”“我们购买19架飞机并在2023年至2025年期间交付的计划与2021年6月投资者和分析师日期间分享的战略和资本支出预测一致。它还通过提高机队效率和提高可靠性来支持我们的可持续发展努力,”他说。</blockquote></p><p> The deal adds to a record-breaking year for Boeing freighter sales, including 80 firm orders for new widebody freighters and more than 80 orders for Boeing Converted Freighters. In 2021 air cargo demand has surged due to an expansion of e-commerce and express cargo markets.</p><p><blockquote>这笔交易增加了波音货机销售破纪录的一年,包括80架新宽体货机的确定订单和80多架波音改装货机的订单。2021年,由于电子商务和快递货运市场的扩张,航空货运需求激增。</blockquote></p><p> \"This latest order for 19 jets bookends an incredible year for the Boeing Freighter family,\" saidIhssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. \"Since the program was launched, UPS has recognized the value of the 767 Freighter and utilized the airplane's outstanding cargo capabilities throughout its network. These new jets will enable UPS to meet expected near-term and long-term cargo demand with the proven economics, reliability and flexibility that are synonymous with the 767 Freighter.\"</p><p><blockquote>波音商业销售和营销高级副总裁Ihssane Mounir表示:“19架喷气式飞机的最新订单为波音货机家族开启了令人难以置信的一年。”“自该计划启动以来,UPS已经认识到767货机的价值,并在其整个网络中利用了该飞机出色的货运能力。这些新喷气式飞机将使UPS能够以767货机成熟的经济性、可靠性和灵活性来满足预期的近期和长期货运需求。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPS":"联合包裹","BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176535609","content_text":"Boeing shares rose more than 1% in premarket trading as the company announced an order for 19 767 Freighters from UPS.\"The Boeing 767 is the most versatile aircraft we operate,\" said UPS U.S. Operations PresidentNando Cesarone. \"Our plan to purchase 19 aircraft and take delivery between 2023 and 2025 aligns with the strategy and capital expenditure forecast shared during ourJune 2021Investor and Analyst Day. It also supports our sustainability efforts by making our fleet more efficient and improving reliability,\" he said.\nThe deal adds to a record-breaking year for Boeing freighter sales, including 80 firm orders for new widebody freighters and more than 80 orders for Boeing Converted Freighters. In 2021 air cargo demand has surged due to an expansion of e-commerce and express cargo markets.\n\"This latest order for 19 jets bookends an incredible year for the Boeing Freighter family,\" saidIhssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. \"Since the program was launched, UPS has recognized the value of the 767 Freighter and utilized the airplane's outstanding cargo capabilities throughout its network. These new jets will enable UPS to meet expected near-term and long-term cargo demand with the proven economics, reliability and flexibility that are synonymous with the 767 Freighter.\"","news_type":1,"symbols_score_info":{"UPS":0.9,"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":3473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690847402,"gmtCreate":1639658787722,"gmtModify":1639658800683,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Great! ECB still don't want to do anything... ","listText":"Great! ECB still don't want to do anything... ","text":"Great! ECB still don't want to do anything...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690847402","repostId":"1179149645","repostType":4,"repost":{"id":"1179149645","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639656204,"share":"https://www.laohu8.com/m/news/1179149645?lang=zh_CN&edition=full","pubTime":"2021-12-16 20:03","market":"us","language":"en","title":"Bank of England surprises again, this time with hike to 25bp from 10bp<blockquote>英国央行再次出人意料,这次加息从10个基点至25个基点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179149645","media":"Tiger Newspress","summary":"Bank of England surprises again, this time with hike to 25bp from 10bp,its vote to hike rates was 8 ","content":"<p>Bank of England surprises again, this time with hike to 25bp from 10bp,its vote to hike rates was 8 to 1.</p><p><blockquote>英国央行再次出人意料,这次加息从10个基点升至25个基点,其加息投票结果为8比1。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of England surprises again, this time with hike to 25bp from 10bp<blockquote>英国央行再次出人意料,这次加息从10个基点至25个基点</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of England surprises again, this time with hike to 25bp from 10bp<blockquote>英国央行再次出人意料,这次加息从10个基点至25个基点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-16 20:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Bank of England surprises again, this time with hike to 25bp from 10bp,its vote to hike rates was 8 to 1.</p><p><blockquote>英国央行再次出人意料,这次加息从10个基点升至25个基点,其加息投票结果为8比1。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179149645","content_text":"Bank of England surprises again, this time with hike to 25bp from 10bp,its vote to hike rates was 8 to 1.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690894484,"gmtCreate":1639652584445,"gmtModify":1639652627041,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"I like the company and their business. Only concern for me is the 3rd issue mentioned. I don't mind to start adding some into my portfolio at current level. ","listText":"I like the company and their business. Only concern for me is the 3rd issue mentioned. I don't mind to start adding some into my portfolio at current level. ","text":"I like the company and their business. Only concern for me is the 3rd issue mentioned. I don't mind to start adding some into my portfolio at current level.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690894484","repostId":"1143795954","repostType":4,"isVote":1,"tweetType":1,"viewCount":1179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690804340,"gmtCreate":1639651774636,"gmtModify":1639651775128,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Year end window dressing. She needs to show results. ","listText":"Year end window dressing. She needs to show results. ","text":"Year end window dressing. She needs to show results.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690804340","repostId":"1136577431","repostType":4,"isVote":1,"tweetType":1,"viewCount":1063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604658945,"gmtCreate":1639391547483,"gmtModify":1639391572337,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"So fast! ","listText":"So fast! ","text":"So fast!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604658945","repostId":"1191584533","repostType":4,"repost":{"id":"1191584533","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639387294,"share":"https://www.laohu8.com/m/news/1191584533?lang=zh_CN&edition=full","pubTime":"2021-12-13 17:21","market":"us","language":"en","title":"Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191584533","media":"Tiger Newspress","summary":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple I","content":"<p>Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist <b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%,市值接近3万亿美元。<b>苹果公司</b>据记者报道,(纳斯达克:AAPL)正准备推出最新版本的iPhone和iPad操作系统,该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-13 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist <b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%,市值接近3万亿美元。<b>苹果公司</b>据记者报道,(纳斯达克:AAPL)正准备推出最新版本的iPhone和iPad操作系统,该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191584533","content_text":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple Inc(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist Mark Gurman.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604974123,"gmtCreate":1639324082153,"gmtModify":1639324082600,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"May not have much impact ","listText":"May not have much impact ","text":"May not have much impact","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604974123","repostId":"2190673907","repostType":4,"isVote":1,"tweetType":1,"viewCount":1526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604975853,"gmtCreate":1639323852184,"gmtModify":1639360684717,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Unlikely. Commodity prices are still high. ","listText":"Unlikely. Commodity prices are still high. ","text":"Unlikely. Commodity prices are still high.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604975853","repostId":"2190719916","repostType":4,"isVote":1,"tweetType":1,"viewCount":942,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605110831,"gmtCreate":1639127744174,"gmtModify":1639128513607,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Can't understand her sale logic! ","listText":"Can't understand her sale logic! ","text":"Can't understand her sale logic!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605110831","repostId":"1171179415","repostType":4,"repost":{"id":"1171179415","kind":"news","pubTimestamp":1639118265,"share":"https://www.laohu8.com/m/news/1171179415?lang=zh_CN&edition=full","pubTime":"2021-12-10 14:37","market":"us","language":"en","title":"Cathie Wood Sells Another $41M In Tesla On A Day Stock Crashes 6% — These Are The Other Key Trades<blockquote>Cathie Wood在特斯拉股价暴跌6%的一天内又卖出了4100万美元——这些是其他关键交易</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171179415","media":"Benzinga","summary":"Cathie Wood-led ArkInvest on Thursday sold 40,861 shares — estimated to be worth $41 million — in Te","content":"<p><div> Cathie Wood-led ArkInvest on Thursday sold 40,861 shares — estimated to be worth $41 million — in Tesla Inc, a stock which despite recent dips is still fetching profit for the popular money manager ...</p><p><blockquote><div>Cathie Wood领导的ArkInvest周四出售了特斯拉公司的40,861股股票,估计价值4100万美元,尽管该股最近下跌,但仍为这家受欢迎的基金管理公司带来了利润...</div></blockquote></p><p> <a href=\"https://www.benzinga.com/news/21/12/24539139/cathie-wood-sells-another-41m-in-tesla-on-a-day-stock-crashes-6-these-are-the-other-key-trades\">网页链接</a> </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/12/24539139/cathie-wood-sells-another-41m-in-tesla-on-a-day-stock-crashes-6-these-are-the-other-key-trades\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>Cathie Wood Sells Another $41M In Tesla On A Day Stock Crashes 6% — These Are The Other Key Trades<blockquote>Cathie Wood在特斯拉股价暴跌6%的一天内又卖出了4100万美元——这些是其他关键交易</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Sells Another $41M In Tesla On A Day Stock Crashes 6% — These Are The Other Key Trades<blockquote>Cathie Wood在特斯拉股价暴跌6%的一天内又卖出了4100万美元——这些是其他关键交易</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-12-10 14:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Cathie Wood-led ArkInvest on Thursday sold 40,861 shares — estimated to be worth $41 million — in Tesla Inc, a stock which despite recent dips is still fetching profit for the popular money manager ...</p><p><blockquote><div>Cathie Wood领导的ArkInvest周四出售了特斯拉公司的40,861股股票,估计价值4100万美元,尽管该股最近下跌,但仍为这家受欢迎的基金管理公司带来了利润...</div></blockquote></p><p> <a href=\"https://www.benzinga.com/news/21/12/24539139/cathie-wood-sells-another-41m-in-tesla-on-a-day-stock-crashes-6-these-are-the-other-key-trades\">网页链接</a> </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/12/24539139/cathie-wood-sells-another-41m-in-tesla-on-a-day-stock-crashes-6-these-are-the-other-key-trades\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.benzinga.com/news/21/12/24539139/cathie-wood-sells-another-41m-in-tesla-on-a-day-stock-crashes-6-these-are-the-other-key-trades\">Benzinga</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","PYPL":"PayPal","DIS":"迪士尼"},"source_url":"https://www.benzinga.com/news/21/12/24539139/cathie-wood-sells-another-41m-in-tesla-on-a-day-stock-crashes-6-these-are-the-other-key-trades","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171179415","content_text":"Cathie Wood-led ArkInvest on Thursday sold 40,861 shares — estimated to be worth $41 million — in Tesla Inc, a stock which despite recent dips is still fetching profit for the popular money manager who bought TSLA shares at far lower levels.\nTesla shares closed 6.10% lower at $1003.80 a share on Thursday. The stock is up about 37.5% so far this year.\nA Tesla bull, Wood’s firm Ark Invest bought shares in Tesla via three actively traded exchange funds, namely the Ark Innovation ETF, the Ark Next Generation Internet ETF and the Ark Autonomous Technology & Robotics ETF(BATS ARKQ) on Thursday.\nThe three ETFs held 2.07 million shares, worth about $2.07 billion, ahead of Thursday’s trade.\nTesla shares have been on a stark rise after the company reported third-quarter delivery numbers. The surge in share price after months of sluggishness helped the stock join the $1 trillion market capitalization club in October.\nThe stock tumbled on Thursday after a fresh NHTSA scrutiny on a new feature in Tesla cars that lets users play video games while the vehicle is in motion.\nDespite the recent sales, Tesla continues to be the investment management firm's biggest bet across ETFs — a stock it predicts would hit the$3,000 mark by the end of 2025.\nHere are a few other key trades for Ark on Thursday:\n\nSold 69,772 shares — estimated to be worth $10.67 million — in Walt Disney Co. The stock closed 0.26% lower at $152.94 a share. This would be Ark Invest’s first sale in Disney after it first bought shares in Disney in May.\nSold 19,532 shares — estimated to be worth $3.75 million — in PayPal Holdings Inc. The stock closed 2.84% lower at $191.75 a share.","news_type":1,"symbols_score_info":{"PYPL":0.9,"TSLA":0.9,"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":838,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605137338,"gmtCreate":1639127602460,"gmtModify":1639127835457,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"He lives to achieve his dreams. Don't think he will leave his babies behind. He's already had millions of fans and followers!! ","listText":"He lives to achieve his dreams. Don't think he will leave his babies behind. He's already had millions of fans and followers!! ","text":"He lives to achieve his dreams. Don't think he will leave his babies behind. He's already had millions of fans and followers!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605137338","repostId":"2190647430","repostType":4,"isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602497079,"gmtCreate":1639053845876,"gmtModify":1639053994603,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Cool! ","listText":"Cool! ","text":"Cool!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602497079","repostId":"2190611568","repostType":4,"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601174859,"gmtCreate":1638502989253,"gmtModify":1638502989487,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Those that she bought few years back may be","listText":"Those that she bought few years back may be","text":"Those that she bought few years back may be","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601174859","repostId":"1150776885","repostType":4,"isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601142608,"gmtCreate":1638501795531,"gmtModify":1638503692534,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Didi was asked to address the data security issue before listing, but they didn't heed the instruction and went ahead. Now they have to pay the price. As for anti-trust crackdown on other companies, the regulator just want to create environment with fair competition. I doubt will go to such extent. ","listText":"Didi was asked to address the data security issue before listing, but they didn't heed the instruction and went ahead. Now they have to pay the price. As for anti-trust crackdown on other companies, the regulator just want to create environment with fair competition. I doubt will go to such extent. ","text":"Didi was asked to address the data security issue before listing, but they didn't heed the instruction and went ahead. Now they have to pay the price. As for anti-trust crackdown on other companies, the regulator just want to create environment with fair competition. I doubt will go to such extent.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601142608","repostId":"1101828151","repostType":4,"repost":{"id":"1101828151","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638493297,"share":"https://www.laohu8.com/m/news/1101828151?lang=zh_CN&edition=full","pubTime":"2021-12-03 09:01","market":"us","language":"en","title":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.<blockquote>滴滴准备从美股退市并在香港上市。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101828151","media":"Tiger Newspress","summary":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. (NYSE: DIDI), th","content":"<p>DIDI prepares to delist from U.S. stocks and to list in Hong Kong.</p><p><blockquote>滴滴准备从美股退市并在香港上市。</blockquote></p><p> DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.</p><p><blockquote>全球领先的移动出行技术平台滴滴出行(纽约证券交易所代码:DIDI)今天宣布,其董事会(“董事会”)已授权并支持公司履行必要程序并提交相关申请,将公司的美国存托凭证从纽约证券交易所退市,同时确保美国存托凭证可在美国存托凭证持有人选择时在另一家国际认可的证券交易所转换为公司的自由流通股份。</blockquote></p><p> The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p><p><blockquote>公司将在未来适当时机,按照必要程序组织召开股东大会对上述事项进行表决。董事会亦已授权本公司寻求其A类普通股于香港联交所主板上市。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DIDI prepares to delist from U.S. stocks and to list in Hong Kong.<blockquote>滴滴准备从美股退市并在香港上市。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDIDI prepares to delist from U.S. stocks and to list in Hong Kong.<blockquote>滴滴准备从美股退市并在香港上市。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-03 09:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>DIDI prepares to delist from U.S. stocks and to list in Hong Kong.</p><p><blockquote>滴滴准备从美股退市并在香港上市。</blockquote></p><p> DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.</p><p><blockquote>全球领先的移动出行技术平台滴滴出行(纽约证券交易所代码:DIDI)今天宣布,其董事会(“董事会”)已授权并支持公司履行必要程序并提交相关申请,将公司的美国存托凭证从纽约证券交易所退市,同时确保美国存托凭证可在美国存托凭证持有人选择时在另一家国际认可的证券交易所转换为公司的自由流通股份。</blockquote></p><p> The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p><p><blockquote>公司将在未来适当时机,按照必要程序组织召开股东大会对上述事项进行表决。董事会亦已授权本公司寻求其A类普通股于香港联交所主板上市。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101828151","content_text":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.\nThe Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.","news_type":1,"symbols_score_info":{"DIDI":0.9}},"isVote":1,"tweetType":1,"viewCount":1094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":821785598,"gmtCreate":1633791421366,"gmtModify":1633791421527,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Higher material cost, labour cost, oil price, rate hike pressure, these are among the headwinds.... Looking forward to earnings release ","listText":"Higher material cost, labour cost, oil price, rate hike pressure, these are among the headwinds.... Looking forward to earnings release ","text":"Higher material cost, labour cost, oil price, rate hike pressure, these are among the headwinds.... Looking forward to earnings release","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/821785598","repostId":"1190298937","repostType":4,"repost":{"id":"1190298937","kind":"news","pubTimestamp":1633787347,"share":"https://www.laohu8.com/m/news/1190298937?lang=zh_CN&edition=full","pubTime":"2021-10-09 21:49","market":"us","language":"en","title":"Morgan Stanley is still calling for a 10%-20% crash — protect yourself this way<blockquote>摩根士丹利仍在呼吁10%-20%的崩盘——这样保护自己</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190298937","media":"finance.yahoo","summary":"Slowing growth and tightening financial conditions.\nThat makes Mike Wilson, Morgan Stanley’s chief i","content":"<p>Slowing growth and tightening financial conditions.</p><p><blockquote>增长放缓和金融状况收紧。</blockquote></p><p> That makes Mike Wilson, Morgan Stanley’s chief investment officer, nervous.</p><p><blockquote>这让摩根士丹利首席投资官迈克·威尔逊感到紧张。</blockquote></p><p> “In short, higher real rates should mean lower equity prices,\" Wilson wrote last week in a note to clients. \"Secondarily, they may also mean value over growth even as the overall equity market goes lower.\"</p><p><blockquote>“简而言之,更高的实际利率应该意味着更低的股价,”威尔逊上周在给客户的一份报告中写道。“其次,它们也可能意味着价值超过增长,即使整体股市走低。”</blockquote></p><p> Wilson also said in a recent interview that the firm's call for a 10%-20% correction would be led by tech stocks as earnings estimates are too high.</p><p><blockquote>Wilson在最近的一次采访中还表示,由于盈利预期过高,该公司10%-20%调整的看涨期权将由科技股引领。</blockquote></p><p> Within that context, Wilson advised investors to favor defensive sectors such as healthcare, consumer staples, and financials.</p><p><blockquote>在此背景下,威尔逊建议投资者青睐医疗保健、必需消费品和金融等防御性板块。</blockquote></p><p> Let's take a quick look at a few possible plays from those areas — one of them could be worth buying withyour spare change.</p><p><blockquote>让我们快速浏览一下这些领域的一些可能的游戏——其中一个可能值得用你的零钱购买。</blockquote></p><p> 1. Financials: Bank of America (BAC)</p><p><blockquote>1.金融:美国银行(BAC)</blockquote></p><p> Over the last decade, Bank of America has streamlined and refined its business practices and operations to rise from one of the lowest rated banks in the country to the second-largest bank by assets (roughly $2.3 trillion in total assets). With assets of $3 trillion, JPMorgan Chase is the biggest.</p><p><blockquote>在过去十年中,美国银行精简和完善了其业务实践和运营,从美国评级最低的银行之一跃升为资产第二大银行(总资产约2.3万亿美元)。摩根大通拥有3万亿美元的资产,是最大的。</blockquote></p><p> As the economy continues to recover from the pandemic and inflation continues to surge, interest rates are likely to rise, putting the bank is in a good position to continue its success. Banks benefit from higher rates through a wider \"spread\" — the difference in interest that they pay to customers and what they earn by investing.</p><p><blockquote>随着经济继续从疫情中复苏,通胀继续飙升,利率可能会上升,这使该银行处于继续取得成功的有利位置。银行通过更大的“利差”(他们支付给客户的利息与他们通过投资赚取的利息之间的差额)从更高的利率中受益。</blockquote></p><p> And despite not quite hitting its earning mark last quarter, Bank of America delivered shareholders a dividend hike — upping its yield 17% from 18 cents to 21 cents per share. Currently, the shares offer a dividend yield of 1.9%.</p><p><blockquote>尽管上个季度没有完全达到盈利水平,但美国银行还是向股东提高了股息,将其收益率从每股18美分提高到21美分,增加了17%。目前,该股的股息率为1.9%。</blockquote></p><p> 2. Consumer Staples: PepsiCo (PEP)</p><p><blockquote>2.必需消费品:百事可乐(PEP)</blockquote></p><p> Pepsico is so much more than a major cola and soda brand. Most consumers will be aware that Mountain Dew and Gatorade fall under the Pepsico umbrella.</p><p><blockquote>百事可乐不仅仅是一个主要的可乐和苏打水品牌。大多数消费者都会意识到激浪和佳得乐属于百事可乐旗下。</blockquote></p><p> But this food and beverage juggernaut also owns Frito-Lay, Quaker Foods, Tropicana, SodaStream and dozens of other brands across the world.</p><p><blockquote>但这家食品和饮料巨头还在全球拥有菲多利、桂格食品、纯果乐、SodaStream和数十个其他品牌。</blockquote></p><p> With everyone spending so much time at home, snack food consumption went way up during the pandemic — which was great news for Pepsi. In July, the company reported that net sales rose more than 20% year over year to $19.22 billion — nicely above expectations of $18 billion.</p><p><blockquote>由于每个人都花这么多时间在家,疫情期间零食消费量大幅上升——这对百事可乐来说是个好消息。7月份,该公司报告净销售额同比增长超过20%,达到192.2亿美元,远高于180亿美元的预期。</blockquote></p><p> And the company is passing on some of those sweet (or salty, depending on your taste) dollars to shareholders through healthy dividends, which have been steadily increasing over the years. Over the past ten years, Pepsico's dividend has grown at a compounded rate of 7.7% versus 6.1% from its main rival Coca-Cola.</p><p><blockquote>该公司正在通过健康的股息将一些甜的(或咸的,取决于你的口味)美元传递给股东,这些年来股息一直在稳步增加。过去十年,百事可乐的股息复合增长率为7.7%,而其主要竞争对手可口可乐的股息复合增长率为6.1%。</blockquote></p><p> Pepsico shares offer a dividend yield of 2.8%.</p><p><blockquote>百事公司股票的股息率为2.8%。</blockquote></p><p> 3. Health care: Johnson & Johnson (JNJ)</p><p><blockquote>3.医疗保健:强生(JNJ)</blockquote></p><p> Between its business in medical devices, pharmaceuticals and consumer packaged goods, Johnson & Johnson has become a household name.</p><p><blockquote>强生公司的医疗器械、药品和消费品业务已成为家喻户晓的品牌。</blockquote></p><p> And more than that, its numerous subsidiaries including Band-Aid, Tylenol, Neutrogena, Listerine and Clean & Clear could stand on their own as successful brands.</p><p><blockquote>更重要的是,其众多子公司,包括Band-Aid、Tylenol、Neutrogena、Listerine和Clean&Clear都可以独立成为成功的品牌。</blockquote></p><p> JNJ’s diverse holdings in the health care segment ensures it’s able to ride out any economic slumps. And with a handful of industry-leading drugs for immunology and cancer treatment under its Janssen Pharamceutica arm, there’s a good deal of growth opportunity for JNJ.</p><p><blockquote>强生在医疗保健领域的多元化持股确保其能够度过任何经济衰退。JNJ旗下的Janssen Pharamceutica部门拥有一些行业领先的免疫学和癌症治疗药物,因此JNJ拥有大量的增长机会。</blockquote></p><p> The company’s Q2 results were buoyed by $12.59 billion in revenue from its COVID-19 shot over the year — with global sales of $164 million in the second quarter alone.</p><p><blockquote>该公司第二季度的业绩受到全年COVID-19注射收入125.9亿美元的提振,仅第二季度全球销售额就达到1.64亿美元。</blockquote></p><p> JNJ shared its success with shareholders through a dividend of $1.06 in the third quarter, up from $1.01 six months before.</p><p><blockquote>强生通过第三季度1.06美元的股息与股东分享了其成功,高于六个月前的1.01美元。</blockquote></p><p> The stock currently has a dividend yield of 2.7%.</p><p><blockquote>该股目前的股息率为2.7%。</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley is still calling for a 10%-20% crash — protect yourself this way<blockquote>摩根士丹利仍在呼吁10%-20%的崩盘——这样保护自己</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley is still calling for a 10%-20% crash — protect yourself this way<blockquote>摩根士丹利仍在呼吁10%-20%的崩盘——这样保护自己</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-10-09 21:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Slowing growth and tightening financial conditions.</p><p><blockquote>增长放缓和金融状况收紧。</blockquote></p><p> That makes Mike Wilson, Morgan Stanley’s chief investment officer, nervous.</p><p><blockquote>这让摩根士丹利首席投资官迈克·威尔逊感到紧张。</blockquote></p><p> “In short, higher real rates should mean lower equity prices,\" Wilson wrote last week in a note to clients. \"Secondarily, they may also mean value over growth even as the overall equity market goes lower.\"</p><p><blockquote>“简而言之,更高的实际利率应该意味着更低的股价,”威尔逊上周在给客户的一份报告中写道。“其次,它们也可能意味着价值超过增长,即使整体股市走低。”</blockquote></p><p> Wilson also said in a recent interview that the firm's call for a 10%-20% correction would be led by tech stocks as earnings estimates are too high.</p><p><blockquote>Wilson在最近的一次采访中还表示,由于盈利预期过高,该公司10%-20%调整的看涨期权将由科技股引领。</blockquote></p><p> Within that context, Wilson advised investors to favor defensive sectors such as healthcare, consumer staples, and financials.</p><p><blockquote>在此背景下,威尔逊建议投资者青睐医疗保健、必需消费品和金融等防御性板块。</blockquote></p><p> Let's take a quick look at a few possible plays from those areas — one of them could be worth buying withyour spare change.</p><p><blockquote>让我们快速浏览一下这些领域的一些可能的游戏——其中一个可能值得用你的零钱购买。</blockquote></p><p> 1. Financials: Bank of America (BAC)</p><p><blockquote>1.金融:美国银行(BAC)</blockquote></p><p> Over the last decade, Bank of America has streamlined and refined its business practices and operations to rise from one of the lowest rated banks in the country to the second-largest bank by assets (roughly $2.3 trillion in total assets). With assets of $3 trillion, JPMorgan Chase is the biggest.</p><p><blockquote>在过去十年中,美国银行精简和完善了其业务实践和运营,从美国评级最低的银行之一跃升为资产第二大银行(总资产约2.3万亿美元)。摩根大通拥有3万亿美元的资产,是最大的。</blockquote></p><p> As the economy continues to recover from the pandemic and inflation continues to surge, interest rates are likely to rise, putting the bank is in a good position to continue its success. Banks benefit from higher rates through a wider \"spread\" — the difference in interest that they pay to customers and what they earn by investing.</p><p><blockquote>随着经济继续从疫情中复苏,通胀继续飙升,利率可能会上升,这使该银行处于继续取得成功的有利位置。银行通过更大的“利差”(他们支付给客户的利息与他们通过投资赚取的利息之间的差额)从更高的利率中受益。</blockquote></p><p> And despite not quite hitting its earning mark last quarter, Bank of America delivered shareholders a dividend hike — upping its yield 17% from 18 cents to 21 cents per share. Currently, the shares offer a dividend yield of 1.9%.</p><p><blockquote>尽管上个季度没有完全达到盈利水平,但美国银行还是向股东提高了股息,将其收益率从每股18美分提高到21美分,增加了17%。目前,该股的股息率为1.9%。</blockquote></p><p> 2. Consumer Staples: PepsiCo (PEP)</p><p><blockquote>2.必需消费品:百事可乐(PEP)</blockquote></p><p> Pepsico is so much more than a major cola and soda brand. Most consumers will be aware that Mountain Dew and Gatorade fall under the Pepsico umbrella.</p><p><blockquote>百事可乐不仅仅是一个主要的可乐和苏打水品牌。大多数消费者都会意识到激浪和佳得乐属于百事可乐旗下。</blockquote></p><p> But this food and beverage juggernaut also owns Frito-Lay, Quaker Foods, Tropicana, SodaStream and dozens of other brands across the world.</p><p><blockquote>但这家食品和饮料巨头还在全球拥有菲多利、桂格食品、纯果乐、SodaStream和数十个其他品牌。</blockquote></p><p> With everyone spending so much time at home, snack food consumption went way up during the pandemic — which was great news for Pepsi. In July, the company reported that net sales rose more than 20% year over year to $19.22 billion — nicely above expectations of $18 billion.</p><p><blockquote>由于每个人都花这么多时间在家,疫情期间零食消费量大幅上升——这对百事可乐来说是个好消息。7月份,该公司报告净销售额同比增长超过20%,达到192.2亿美元,远高于180亿美元的预期。</blockquote></p><p> And the company is passing on some of those sweet (or salty, depending on your taste) dollars to shareholders through healthy dividends, which have been steadily increasing over the years. Over the past ten years, Pepsico's dividend has grown at a compounded rate of 7.7% versus 6.1% from its main rival Coca-Cola.</p><p><blockquote>该公司正在通过健康的股息将一些甜的(或咸的,取决于你的口味)美元传递给股东,这些年来股息一直在稳步增加。过去十年,百事可乐的股息复合增长率为7.7%,而其主要竞争对手可口可乐的股息复合增长率为6.1%。</blockquote></p><p> Pepsico shares offer a dividend yield of 2.8%.</p><p><blockquote>百事公司股票的股息率为2.8%。</blockquote></p><p> 3. Health care: Johnson & Johnson (JNJ)</p><p><blockquote>3.医疗保健:强生(JNJ)</blockquote></p><p> Between its business in medical devices, pharmaceuticals and consumer packaged goods, Johnson & Johnson has become a household name.</p><p><blockquote>强生公司的医疗器械、药品和消费品业务已成为家喻户晓的品牌。</blockquote></p><p> And more than that, its numerous subsidiaries including Band-Aid, Tylenol, Neutrogena, Listerine and Clean & Clear could stand on their own as successful brands.</p><p><blockquote>更重要的是,其众多子公司,包括Band-Aid、Tylenol、Neutrogena、Listerine和Clean&Clear都可以独立成为成功的品牌。</blockquote></p><p> JNJ’s diverse holdings in the health care segment ensures it’s able to ride out any economic slumps. And with a handful of industry-leading drugs for immunology and cancer treatment under its Janssen Pharamceutica arm, there’s a good deal of growth opportunity for JNJ.</p><p><blockquote>强生在医疗保健领域的多元化持股确保其能够度过任何经济衰退。JNJ旗下的Janssen Pharamceutica部门拥有一些行业领先的免疫学和癌症治疗药物,因此JNJ拥有大量的增长机会。</blockquote></p><p> The company’s Q2 results were buoyed by $12.59 billion in revenue from its COVID-19 shot over the year — with global sales of $164 million in the second quarter alone.</p><p><blockquote>该公司第二季度的业绩受到全年COVID-19注射收入125.9亿美元的提振,仅第二季度全球销售额就达到1.64亿美元。</blockquote></p><p> JNJ shared its success with shareholders through a dividend of $1.06 in the third quarter, up from $1.01 six months before.</p><p><blockquote>强生通过第三季度1.06美元的股息与股东分享了其成功,高于六个月前的1.01美元。</blockquote></p><p> The stock currently has a dividend yield of 2.7%.</p><p><blockquote>该股目前的股息率为2.7%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/morgan-stanley-still-calling-10-120000250.html\">finance.yahoo</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PEP":"百事可乐","JNJ":"强生","BAC":"美国银行"},"source_url":"https://finance.yahoo.com/news/morgan-stanley-still-calling-10-120000250.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190298937","content_text":"Slowing growth and tightening financial conditions.\nThat makes Mike Wilson, Morgan Stanley’s chief investment officer, nervous.\n“In short, higher real rates should mean lower equity prices,\" Wilson wrote last week in a note to clients. \"Secondarily, they may also mean value over growth even as the overall equity market goes lower.\"\nWilson also said in a recent interview that the firm's call for a 10%-20% correction would be led by tech stocks as earnings estimates are too high.\nWithin that context, Wilson advised investors to favor defensive sectors such as healthcare, consumer staples, and financials.\nLet's take a quick look at a few possible plays from those areas — one of them could be worth buying withyour spare change.\n1. Financials: Bank of America (BAC)\nOver the last decade, Bank of America has streamlined and refined its business practices and operations to rise from one of the lowest rated banks in the country to the second-largest bank by assets (roughly $2.3 trillion in total assets). With assets of $3 trillion, JPMorgan Chase is the biggest.\nAs the economy continues to recover from the pandemic and inflation continues to surge, interest rates are likely to rise, putting the bank is in a good position to continue its success. Banks benefit from higher rates through a wider \"spread\" — the difference in interest that they pay to customers and what they earn by investing.\nAnd despite not quite hitting its earning mark last quarter, Bank of America delivered shareholders a dividend hike — upping its yield 17% from 18 cents to 21 cents per share. Currently, the shares offer a dividend yield of 1.9%.\n2. Consumer Staples: PepsiCo (PEP)\nPepsico is so much more than a major cola and soda brand. Most consumers will be aware that Mountain Dew and Gatorade fall under the Pepsico umbrella.\nBut this food and beverage juggernaut also owns Frito-Lay, Quaker Foods, Tropicana, SodaStream and dozens of other brands across the world.\nWith everyone spending so much time at home, snack food consumption went way up during the pandemic — which was great news for Pepsi. In July, the company reported that net sales rose more than 20% year over year to $19.22 billion — nicely above expectations of $18 billion.\nAnd the company is passing on some of those sweet (or salty, depending on your taste) dollars to shareholders through healthy dividends, which have been steadily increasing over the years. Over the past ten years, Pepsico's dividend has grown at a compounded rate of 7.7% versus 6.1% from its main rival Coca-Cola.\nPepsico shares offer a dividend yield of 2.8%.\n3. Health care: Johnson & Johnson (JNJ)\nBetween its business in medical devices, pharmaceuticals and consumer packaged goods, Johnson & Johnson has become a household name.\nAnd more than that, its numerous subsidiaries including Band-Aid, Tylenol, Neutrogena, Listerine and Clean & Clear could stand on their own as successful brands.\nJNJ’s diverse holdings in the health care segment ensures it’s able to ride out any economic slumps. And with a handful of industry-leading drugs for immunology and cancer treatment under its Janssen Pharamceutica arm, there’s a good deal of growth opportunity for JNJ.\nThe company’s Q2 results were buoyed by $12.59 billion in revenue from its COVID-19 shot over the year — with global sales of $164 million in the second quarter alone.\nJNJ shared its success with shareholders through a dividend of $1.06 in the third quarter, up from $1.01 six months before.\nThe stock currently has a dividend yield of 2.7%.","news_type":1,"symbols_score_info":{"PEP":0.9,"BAC":0.9,"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":186822144,"gmtCreate":1623486132888,"gmtModify":1634032461421,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Trade carefully. Like and comment ","listText":"Trade carefully. Like and comment ","text":"Trade carefully. Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/186822144","repostId":"2142204074","repostType":4,"isVote":1,"tweetType":1,"viewCount":854,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893268494,"gmtCreate":1628265195718,"gmtModify":1633752094046,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"The way she bought and sold stocks, made ppl tempted to short her funds","listText":"The way she bought and sold stocks, made ppl tempted to short her funds","text":"The way she bought and sold stocks, made ppl tempted to short her funds","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/893268494","repostId":"1141271021","repostType":4,"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185182814,"gmtCreate":1623636779138,"gmtModify":1634030855462,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"He is just using his influence to make money for himself ","listText":"He is just using his influence to make money for himself ","text":"He is just using his influence to make money for himself","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/185182814","repostId":"1132051258","repostType":4,"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895498681,"gmtCreate":1628762911343,"gmtModify":1633689707040,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Another EV!!! ","listText":"Another EV!!! ","text":"Another EV!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/895498681","repostId":"1145397172","repostType":4,"repost":{"id":"1145397172","kind":"news","pubTimestamp":1628760988,"share":"https://www.laohu8.com/m/news/1145397172?lang=zh_CN&edition=full","pubTime":"2021-08-12 17:36","market":"us","language":"en","title":"Li Auto's Hong Kong shares close down on debut, says considering mainland listing<blockquote>理想汽车港股首次亮相就收跌,称考虑在内地上市</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145397172","media":"Reuters","summary":"Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday","content":"<p>Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing.</p><p><blockquote>路透8月12日-中国电动汽车制造商理想汽车周四在港上市表现疲软,股价收盘下跌,同时该公司还表示可能考虑在内地上市。</blockquote></p><p> The companyraised $1.52 billionby pricing its stock at HK$118 each in its dual primary listing in the city. Li Auto is also listed in New York.</p><p><blockquote>该公司在香港双重主要上市中以每股118港元的价格筹集了15.2亿美元。理想汽车也在纽约上市。</blockquote></p><p> The stock ended the day down 0.8% to HK$117 in a broader market, the Hang Seng Index(.HSI), which was down 0.5%.</p><p><blockquote>该股当天收盘下跌0.8%,至117港元,恒生指数(.HSI)下跌0.5%。</blockquote></p><p> Li Auto shares fell as much as 2.1% earlier in the session, while rival Xpeng Inc(9868.HK)dropped 3.46% for the day.</p><p><blockquote>理想汽车股价盘中早些时候下跌2.1%,而竞争对手小鹏汽车(9868.HK)当天下跌3.46%。</blockquote></p><p> The weaker debut followed a 1.1% rise in New York-listed Li Auto shares on Wednesday.</p><p><blockquote>周三,在纽约上市的理想汽车股价上涨1.1%,首次开盘走软。</blockquote></p><p> Li Auto's Hong Kong deal is the first major listing of a Chinese company after mainland authorities implementedstrict new regulationson industries ranging from tech to education and online gaming.</p><p><blockquote>在内地当局对科技、教育和在线游戏等行业实施严格的新法规后,理想汽车在香港的交易是中国公司的首次重大上市。</blockquote></p><p> Officials have also flagged tighterruleson companies listing overseas that have major data components in their businesses.</p><p><blockquote>官员们还对在海外上市且业务中包含主要数据组件的公司进行了严格监管。</blockquote></p><p> At HK$118 each, the price represented a 3.2% discount to the level where the New York stock was trading before the Hong Kong deal was launched on Aug. 3.</p><p><blockquote>每股118港元,较8月3日香港交易启动前纽约股票交易水平折价3.2%。</blockquote></p><p> Li Auto's president Shen Yanan told reporters that the company was internally discussing the possibility of issuing A-shares in mainland China.</p><p><blockquote>理想汽车总裁沈亚楠告诉记者,公司内部正在讨论在内地发行A股的可能性。</blockquote></p><p> It is developing battery electric vehicles in addition to its current extended range electric vehicle model, which uses a different powertrain, to expand its customer base, Shen said.</p><p><blockquote>沉说,除了目前使用不同动力系统的增程电动汽车车型外,该公司还在开发纯电动汽车,以扩大客户群。</blockquote></p><p> The first battery electric model is expected to be sold in 2023, Shen said.</p><p><blockquote>沉表示,首款电池电动车型预计将于2023年销售。</blockquote></p><p> Li Auto plans to set up a new factory in Beijing to expand manufacturing capacity and to have more showrooms in shopping malls across Chinese cities to expand sales channels, Shen said.</p><p><blockquote>沈说,理想汽车计划在北京建立一家新工厂,以扩大制造能力,并在中国各城市的购物中心开设更多展厅,以扩大销售渠道。</blockquote></p><p> DUAL PRIMARY LISTING</p><p><blockquote>双重主要上市</blockquote></p><p> The electric vehicle maker had aimed to raise more funds at its Hong Kong debut but the stock dropped 4% in the United States last Thursday before the price was finalised, which reduced the amount investors were willing to pay.</p><p><blockquote>这家电动汽车制造商原本打算在香港首次亮相时筹集更多资金,但上周四该股在价格最终确定之前在美国下跌了4%,这降低了投资者愿意支付的金额。</blockquote></p><p> The U.S. listed stock has fallen 8.75% in the past week but remains 6.5% higher for the year.</p><p><blockquote>该美国上市股票过去一周下跌8.75%,但今年仍上涨6.5%。</blockquote></p><p> \"Since the price for the Hong Kong shares has been set, Li Auto's share price in the U.S. has been down quite a bit so that has set the tone for Hong Kong,\" Kingston Securities director Dickie Wong said.</p><p><blockquote>金利丰证券董事Dickie Wong表示:“自从港股价格确定以来,理想汽车在美国的股价已经下跌了不少,这为香港定下了基调。”</blockquote></p><p> \"Given its a dual listing, we should see the Hong Kong shares trade in line with the U.S., and there doesn't seem to be much upside at the moment.\"</p><p><blockquote>“鉴于其双重上市,我们应该会看到港股的交易与美国一致,目前似乎没有太大上涨空间。”</blockquote></p><p> Li Auto sold 100 million shares in the Hong Kong deal and chose a dual primary listing rather than a secondary listing as it has been listed in New York for less than two years.</p><p><blockquote>理想汽车出售了1亿股香港股票,并选择双重上市而不是二次上市,因为它在纽约上市时间还不到两年。</blockquote></p><p> Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p><p><blockquote>根据香港规则,第二上市要求在另一家合资格交易所至少两个财政年度遵守良好的监管规定。</blockquote></p><p> Dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p><p><blockquote>根据交易所的规定,双重主要上市允许合格的中国投资者通过连接中国内地和香港市场的沪港通制度参与。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto's Hong Kong shares close down on debut, says considering mainland listing<blockquote>理想汽车港股首次亮相就收跌,称考虑在内地上市</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto's Hong Kong shares close down on debut, says considering mainland listing<blockquote>理想汽车港股首次亮相就收跌,称考虑在内地上市</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-08-12 17:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing.</p><p><blockquote>路透8月12日-中国电动汽车制造商理想汽车周四在港上市表现疲软,股价收盘下跌,同时该公司还表示可能考虑在内地上市。</blockquote></p><p> The companyraised $1.52 billionby pricing its stock at HK$118 each in its dual primary listing in the city. Li Auto is also listed in New York.</p><p><blockquote>该公司在香港双重主要上市中以每股118港元的价格筹集了15.2亿美元。理想汽车也在纽约上市。</blockquote></p><p> The stock ended the day down 0.8% to HK$117 in a broader market, the Hang Seng Index(.HSI), which was down 0.5%.</p><p><blockquote>该股当天收盘下跌0.8%,至117港元,恒生指数(.HSI)下跌0.5%。</blockquote></p><p> Li Auto shares fell as much as 2.1% earlier in the session, while rival Xpeng Inc(9868.HK)dropped 3.46% for the day.</p><p><blockquote>理想汽车股价盘中早些时候下跌2.1%,而竞争对手小鹏汽车(9868.HK)当天下跌3.46%。</blockquote></p><p> The weaker debut followed a 1.1% rise in New York-listed Li Auto shares on Wednesday.</p><p><blockquote>周三,在纽约上市的理想汽车股价上涨1.1%,首次开盘走软。</blockquote></p><p> Li Auto's Hong Kong deal is the first major listing of a Chinese company after mainland authorities implementedstrict new regulationson industries ranging from tech to education and online gaming.</p><p><blockquote>在内地当局对科技、教育和在线游戏等行业实施严格的新法规后,理想汽车在香港的交易是中国公司的首次重大上市。</blockquote></p><p> Officials have also flagged tighterruleson companies listing overseas that have major data components in their businesses.</p><p><blockquote>官员们还对在海外上市且业务中包含主要数据组件的公司进行了严格监管。</blockquote></p><p> At HK$118 each, the price represented a 3.2% discount to the level where the New York stock was trading before the Hong Kong deal was launched on Aug. 3.</p><p><blockquote>每股118港元,较8月3日香港交易启动前纽约股票交易水平折价3.2%。</blockquote></p><p> Li Auto's president Shen Yanan told reporters that the company was internally discussing the possibility of issuing A-shares in mainland China.</p><p><blockquote>理想汽车总裁沈亚楠告诉记者,公司内部正在讨论在内地发行A股的可能性。</blockquote></p><p> It is developing battery electric vehicles in addition to its current extended range electric vehicle model, which uses a different powertrain, to expand its customer base, Shen said.</p><p><blockquote>沉说,除了目前使用不同动力系统的增程电动汽车车型外,该公司还在开发纯电动汽车,以扩大客户群。</blockquote></p><p> The first battery electric model is expected to be sold in 2023, Shen said.</p><p><blockquote>沉表示,首款电池电动车型预计将于2023年销售。</blockquote></p><p> Li Auto plans to set up a new factory in Beijing to expand manufacturing capacity and to have more showrooms in shopping malls across Chinese cities to expand sales channels, Shen said.</p><p><blockquote>沈说,理想汽车计划在北京建立一家新工厂,以扩大制造能力,并在中国各城市的购物中心开设更多展厅,以扩大销售渠道。</blockquote></p><p> DUAL PRIMARY LISTING</p><p><blockquote>双重主要上市</blockquote></p><p> The electric vehicle maker had aimed to raise more funds at its Hong Kong debut but the stock dropped 4% in the United States last Thursday before the price was finalised, which reduced the amount investors were willing to pay.</p><p><blockquote>这家电动汽车制造商原本打算在香港首次亮相时筹集更多资金,但上周四该股在价格最终确定之前在美国下跌了4%,这降低了投资者愿意支付的金额。</blockquote></p><p> The U.S. listed stock has fallen 8.75% in the past week but remains 6.5% higher for the year.</p><p><blockquote>该美国上市股票过去一周下跌8.75%,但今年仍上涨6.5%。</blockquote></p><p> \"Since the price for the Hong Kong shares has been set, Li Auto's share price in the U.S. has been down quite a bit so that has set the tone for Hong Kong,\" Kingston Securities director Dickie Wong said.</p><p><blockquote>金利丰证券董事Dickie Wong表示:“自从港股价格确定以来,理想汽车在美国的股价已经下跌了不少,这为香港定下了基调。”</blockquote></p><p> \"Given its a dual listing, we should see the Hong Kong shares trade in line with the U.S., and there doesn't seem to be much upside at the moment.\"</p><p><blockquote>“鉴于其双重上市,我们应该会看到港股的交易与美国一致,目前似乎没有太大上涨空间。”</blockquote></p><p> Li Auto sold 100 million shares in the Hong Kong deal and chose a dual primary listing rather than a secondary listing as it has been listed in New York for less than two years.</p><p><blockquote>理想汽车出售了1亿股香港股票,并选择双重上市而不是二次上市,因为它在纽约上市时间还不到两年。</blockquote></p><p> Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p><p><blockquote>根据香港规则,第二上市要求在另一家合资格交易所至少两个财政年度遵守良好的监管规定。</blockquote></p><p> Dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p><p><blockquote>根据交易所的规定,双重主要上市允许合格的中国投资者通过连接中国内地和香港市场的沪港通制度参与。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.reuters.com/business/autos-transportation/li-auto-shares-fall-21-hong-kong-debut-2021-08-12/\">Reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车"},"source_url":"https://www.reuters.com/business/autos-transportation/li-auto-shares-fall-21-hong-kong-debut-2021-08-12/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145397172","content_text":"Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing.\nThe companyraised $1.52 billionby pricing its stock at HK$118 each in its dual primary listing in the city. Li Auto is also listed in New York.\nThe stock ended the day down 0.8% to HK$117 in a broader market, the Hang Seng Index(.HSI), which was down 0.5%.\nLi Auto shares fell as much as 2.1% earlier in the session, while rival Xpeng Inc(9868.HK)dropped 3.46% for the day.\nThe weaker debut followed a 1.1% rise in New York-listed Li Auto shares on Wednesday.\nLi Auto's Hong Kong deal is the first major listing of a Chinese company after mainland authorities implementedstrict new regulationson industries ranging from tech to education and online gaming.\nOfficials have also flagged tighterruleson companies listing overseas that have major data components in their businesses.\nAt HK$118 each, the price represented a 3.2% discount to the level where the New York stock was trading before the Hong Kong deal was launched on Aug. 3.\nLi Auto's president Shen Yanan told reporters that the company was internally discussing the possibility of issuing A-shares in mainland China.\nIt is developing battery electric vehicles in addition to its current extended range electric vehicle model, which uses a different powertrain, to expand its customer base, Shen said.\nThe first battery electric model is expected to be sold in 2023, Shen said.\nLi Auto plans to set up a new factory in Beijing to expand manufacturing capacity and to have more showrooms in shopping malls across Chinese cities to expand sales channels, Shen said.\nDUAL PRIMARY LISTING\nThe electric vehicle maker had aimed to raise more funds at its Hong Kong debut but the stock dropped 4% in the United States last Thursday before the price was finalised, which reduced the amount investors were willing to pay.\nThe U.S. listed stock has fallen 8.75% in the past week but remains 6.5% higher for the year.\n\"Since the price for the Hong Kong shares has been set, Li Auto's share price in the U.S. has been down quite a bit so that has set the tone for Hong Kong,\" Kingston Securities director Dickie Wong said.\n\"Given its a dual listing, we should see the Hong Kong shares trade in line with the U.S., and there doesn't seem to be much upside at the moment.\"\nLi Auto sold 100 million shares in the Hong Kong deal and chose a dual primary listing rather than a secondary listing as it has been listed in New York for less than two years.\nUnder Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.\nDual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.","news_type":1,"symbols_score_info":{"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187347155,"gmtCreate":1623744323577,"gmtModify":1634029249228,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"So brave, good luck!! ","listText":"So brave, good luck!! ","text":"So brave, good luck!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/187347155","repostId":"1124987614","repostType":4,"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":823627344,"gmtCreate":1633619647750,"gmtModify":1633619648515,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Good reminder. Sometimes we got carried away by market fluctuations ","listText":"Good reminder. Sometimes we got carried away by market fluctuations ","text":"Good reminder. Sometimes we got carried away by market fluctuations","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823627344","repostId":"1194460907","repostType":4,"repost":{"id":"1194460907","kind":"news","pubTimestamp":1633610916,"share":"https://www.laohu8.com/m/news/1194460907?lang=zh_CN&edition=full","pubTime":"2021-10-07 20:48","market":"us","language":"en","title":"Warren Buffett’s folksy investing advice is just what you need in this unfriendly stock market<blockquote>沃伦·巴菲特平易近人的投资建议正是您在这个不友好的股市中所需要的</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194460907","media":"MarketWatch","summary":"Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.\n\nIndivid","content":"<p> <b>Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.</b> Individual investors are back. Throughout 2021, they directly invested billions of dollars in U.S. stocks and real estate. But these assets are now priced at troublingly high levels, and fears of a correction are feeding volatility. Rising U.S. inflation, taxes, and government debt present systemic challenges. Political and social discord prevail. And there’s COVID.</p><p><blockquote><b>无论什么样的金融时尚吸引了股票投资者的注意力,基本面都适用。</b>个人投资者又回来了,2021年全年,他们直接投资了数十亿美元的美股和房地产。但这些资产目前的定价处于令人不安的高位,对调整的担忧加剧了波动。美国通胀、税收和政府债务上升带来了系统性挑战。政治和社会不和谐盛行。还有COVID。</blockquote></p><p> Facing such turmoil, individual investors are eager for guidance. There are few better sources than Berkshire Hathaway’sBRK.A,+0.80%BRK.B,+0.78%Warren Buffett, renowned for a matchless investment record across six volatile decades as well as for his savvy, accessible advice for investors. On point is this gem from 1994:</p><p><blockquote>面对这样的动荡,个人投资者渴望得到指引。很少有比伯克希尔哈撒韦公司的sBRK.A,+0.80%BRK.B,+0.78%沃伦·巴菲特更好的消息来源了,他以在动荡的六个十年中无与伦比的投资记录以及为投资者提供的精明、易懂的建议而闻名。重点是1994年的这颗宝石:</blockquote></p><p> “Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%. But, surprise — none of these blockbuster events made the slightest dent in [fundamental] investment principles.”</p><p><blockquote>“三十年前,没有人能够预见到越南战争的巨大扩张、工资和价格控制、两次石油危机、总统辞职、苏联解体、道指单日下跌508点,或者国库券收益率在2.8%至17.4%之间波动。但是,令人惊讶的是——这些重磅事件都没有对[基本]投资原则产生丝毫影响。”</blockquote></p><p> As unprecedented as these times may seem, from angst to innovation, another Buffett gem reminds us that we’ve been here before. In 2018, Buffett wrote again of how the fundamentals of investing are timeless:</p><p><blockquote>从焦虑到创新,这些时代似乎前所未有,但巴菲特的另一颗宝石提醒我们,我们以前也经历过这里。2018年,巴菲特再次写道,投资的基本面是永恒的:</blockquote></p><p> “Since 1942… the country contended at various times with a long period of viral inflation, a 21% prime rate, several controversial and costly wars, the resignation of a president, a pervasive collapse in home values, a paralyzing financial panic and a host of other problems.”</p><p><blockquote>“自1942年以来……该国在不同时期面临着长期的病毒式通货膨胀、21%的最优惠利率、几场有争议且代价高昂的战争、总统辞职、房价普遍暴跌、令人瘫痪的金融恐慌以及许多其他问题。”</blockquote></p><p> Buffett has always believed that the fundamentals of investing remain intact even in the face of financial fads or innovations, from the tech bubble of the late 1990s to today’s meme stocks or social investing funds.</p><p><blockquote>巴菲特一直认为,即使面对金融时尚或创新,从20世纪90年代末的科技泡沫到今天的模因股票或社会投资基金,投资的基本面仍然完好无损。</blockquote></p><p> The fundamentals of investing are collated in homespun and humorous essays Buffett has been writing for the shareholders of his company, Berkshire Hathaway, for six decades. Since 1996, with Buffett’s support, I have published a collection of the best of these, representing a comprehensive, non-repetitive and compact mini-course useful to any individual investor.</p><p><blockquote>60年来,巴菲特为伯克希尔·哈撒韦公司的股东撰写了朴素而幽默的文章,整理了投资的基本原理。自1996年以来,在巴菲特的支持下,我出版了其中的精华集,代表了一个对任何个人投资者都有用的全面、非重复和紧凑的迷你课程。</blockquote></p><p> In this year’s essay, Buffett warned about the perils of investing by individuals, particularly now in a period brimming with “promoters” telling “stories” that create “illusions” for the gullible. Springing to mind are SPACs, ETFs, ESG funds, and other fashionable offerings. Buffett cautions against “speculators” peddling “enticing ideas” and “calls for action” that “never stop.”</p><p><blockquote>在今年的文章中,巴菲特警告了个人投资的危险,尤其是在一个充斥着“发起人”讲述“故事”的时代,这些故事为容易受骗的人创造了“幻觉”。脑海中浮现的是SPAC、ETF、ESG基金和其他时尚产品。巴菲特警告“投机者”不要兜售“诱人的想法”和“永不停止”的“行动评级”。</blockquote></p><p> Buffett advises avoiding such lures. In contrast, he uses two examples from his own investing experience to highlight the appeal for investing of common sense, simplicity and business focus. The examples are his investments in an Omaha farm (in 1986) and a New York City apartment building (in 1993) in which he earned outsized returns by adhering to just a few fundamentals.</p><p><blockquote>巴菲特建议避免此类诱惑。相比之下,他用自己投资经历中的两个例子来强调常识、简单和商业关注投资的吸引力。例如,他在奥马哈的一个农场(1986年)和纽约市的一栋公寓楼(1993年)的投资,在这些投资中,他通过坚持一些基本原则获得了巨额回报。</blockquote></p><p> First, Buffett has long said the three most important words in investing are “margin of safety.” He refers to the phrase coined by his mentor, Benjamin Graham, who stressed that investment opportunities arise when priced below value. Buffett purchased the farm from a failed banker, and the building from a government receiver. They were eager sellers offering low prices given market conditions. Hunting for such safety is especially important in current highly-priced markets.</p><p><blockquote>首先,巴菲特早就说过,投资最重要的三个词是“安全边际”。他指的是他的导师本杰明·格雷厄姆创造的一句话,格雷厄姆强调,当价格低于价值时,投资机会就会出现。巴菲特从一个失败的银行家手中买下了农场,从一个政府接管人手中买下了这栋大楼。他们都是热切的卖家,在市场条件下提供低价。在当前的高价市场中,寻找这种安全性尤为重要。</blockquote></p><p> Second, Buffett says “keep it simple” and “don’t swing for the fences.” He isn’t an expert in farming or real estate. But he understood enough to estimate revenues and expenses on these assets over a decade-long holding period. Buffett estimated a 10% return, which he judged reasonable for the moderate risk. In fact, both of these investments saw earnings triple estimates and their value quintuple. If you keep it simple, meaning invest in things you understand, you only need basic competence to comfortably make economic estimates.</p><p><blockquote>其次,巴菲特说“保持简单”和“不要犹豫不决”。他不是农业或房地产方面的专家。但他足够了解这些资产在长达十年的持有期内的收入和支出。巴菲特估计回报率为10%,他认为对于中等风险来说这是合理的。事实上,这两项投资的收益都是预期的三倍,价值是预期的五倍。如果你保持简单,也就是说投资于你理解的东西,你只需要基本的能力就可以轻松地做出经济估计。</blockquote></p><p> Finally, Buffett advises to “focus on the playing field, not the scoreboard.” By this he means to study the asset and related business prospects rather than any market price. In stocks, for example, focus on the value of the expected cash flows over the next 10 years, not on today’s closing price; for an office building, focus on the value of the expected rent rolls, not on the sales price of the building down the block.</p><p><blockquote>最后,巴菲特建议“关注竞争环境,而不是记分牌。”他的意思是研究资产和相关的商业前景,而不是任何市场价格。例如,在股票中,关注未来10年的预期现金流价值,而不是今天的收盘价;对于办公楼,关注预期租金的价值,而不是街区内建筑的销售价格。</blockquote></p><p> Individual investors know that investing is not easy and that choppy waters can make things uncomfortable. Following the fundamentals helps, as does the perspective that history provides.</p><p><blockquote>个人投资者知道投资并不容易,波涛汹涌的水域会让事情变得不舒服。遵循基本面是有帮助的,历史提供的视角也是如此。</blockquote></p><p></p><p> <i>Lawrence A. Cunningham is a professor at George Washington University, founder of the Quality Shareholders Group, and publisher, since 1997, of “The Essays of Warren Buffett: Lessons for Corporate America.” Cunningham owns shares of Berkshire Hathaway.</i></p><p><blockquote><i>劳伦斯·A·坎宁安(Lawrence A.Cunningham)是乔治·华盛顿大学教授、优质股东组织创始人,自1997年起出版《沃伦·巴菲特随笔:美国企业界的教训》。坎宁安拥有伯克希尔·哈撒韦公司的股票。</i></blockquote></p><p></p>","source":"market_watch","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>Warren Buffett’s folksy investing advice is just what you need in this unfriendly stock market<blockquote>沃伦·巴菲特平易近人的投资建议正是您在这个不友好的股市中所需要的</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett’s folksy investing advice is just what you need in this unfriendly stock market<blockquote>沃伦·巴菲特平易近人的投资建议正是您在这个不友好的股市中所需要的</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-07 20:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.</b> Individual investors are back. Throughout 2021, they directly invested billions of dollars in U.S. stocks and real estate. But these assets are now priced at troublingly high levels, and fears of a correction are feeding volatility. Rising U.S. inflation, taxes, and government debt present systemic challenges. Political and social discord prevail. And there’s COVID.</p><p><blockquote><b>无论什么样的金融时尚吸引了股票投资者的注意力,基本面都适用。</b>个人投资者又回来了,2021年全年,他们直接投资了数十亿美元的美股和房地产。但这些资产目前的定价处于令人不安的高位,对调整的担忧加剧了波动。美国通胀、税收和政府债务上升带来了系统性挑战。政治和社会不和谐盛行。还有COVID。</blockquote></p><p> Facing such turmoil, individual investors are eager for guidance. There are few better sources than Berkshire Hathaway’sBRK.A,+0.80%BRK.B,+0.78%Warren Buffett, renowned for a matchless investment record across six volatile decades as well as for his savvy, accessible advice for investors. On point is this gem from 1994:</p><p><blockquote>面对这样的动荡,个人投资者渴望得到指引。很少有比伯克希尔哈撒韦公司的sBRK.A,+0.80%BRK.B,+0.78%沃伦·巴菲特更好的消息来源了,他以在动荡的六个十年中无与伦比的投资记录以及为投资者提供的精明、易懂的建议而闻名。重点是1994年的这颗宝石:</blockquote></p><p> “Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%. But, surprise — none of these blockbuster events made the slightest dent in [fundamental] investment principles.”</p><p><blockquote>“三十年前,没有人能够预见到越南战争的巨大扩张、工资和价格控制、两次石油危机、总统辞职、苏联解体、道指单日下跌508点,或者国库券收益率在2.8%至17.4%之间波动。但是,令人惊讶的是——这些重磅事件都没有对[基本]投资原则产生丝毫影响。”</blockquote></p><p> As unprecedented as these times may seem, from angst to innovation, another Buffett gem reminds us that we’ve been here before. In 2018, Buffett wrote again of how the fundamentals of investing are timeless:</p><p><blockquote>从焦虑到创新,这些时代似乎前所未有,但巴菲特的另一颗宝石提醒我们,我们以前也经历过这里。2018年,巴菲特再次写道,投资的基本面是永恒的:</blockquote></p><p> “Since 1942… the country contended at various times with a long period of viral inflation, a 21% prime rate, several controversial and costly wars, the resignation of a president, a pervasive collapse in home values, a paralyzing financial panic and a host of other problems.”</p><p><blockquote>“自1942年以来……该国在不同时期面临着长期的病毒式通货膨胀、21%的最优惠利率、几场有争议且代价高昂的战争、总统辞职、房价普遍暴跌、令人瘫痪的金融恐慌以及许多其他问题。”</blockquote></p><p> Buffett has always believed that the fundamentals of investing remain intact even in the face of financial fads or innovations, from the tech bubble of the late 1990s to today’s meme stocks or social investing funds.</p><p><blockquote>巴菲特一直认为,即使面对金融时尚或创新,从20世纪90年代末的科技泡沫到今天的模因股票或社会投资基金,投资的基本面仍然完好无损。</blockquote></p><p> The fundamentals of investing are collated in homespun and humorous essays Buffett has been writing for the shareholders of his company, Berkshire Hathaway, for six decades. Since 1996, with Buffett’s support, I have published a collection of the best of these, representing a comprehensive, non-repetitive and compact mini-course useful to any individual investor.</p><p><blockquote>60年来,巴菲特为伯克希尔·哈撒韦公司的股东撰写了朴素而幽默的文章,整理了投资的基本原理。自1996年以来,在巴菲特的支持下,我出版了其中的精华集,代表了一个对任何个人投资者都有用的全面、非重复和紧凑的迷你课程。</blockquote></p><p> In this year’s essay, Buffett warned about the perils of investing by individuals, particularly now in a period brimming with “promoters” telling “stories” that create “illusions” for the gullible. Springing to mind are SPACs, ETFs, ESG funds, and other fashionable offerings. Buffett cautions against “speculators” peddling “enticing ideas” and “calls for action” that “never stop.”</p><p><blockquote>在今年的文章中,巴菲特警告了个人投资的危险,尤其是在一个充斥着“发起人”讲述“故事”的时代,这些故事为容易受骗的人创造了“幻觉”。脑海中浮现的是SPAC、ETF、ESG基金和其他时尚产品。巴菲特警告“投机者”不要兜售“诱人的想法”和“永不停止”的“行动评级”。</blockquote></p><p> Buffett advises avoiding such lures. In contrast, he uses two examples from his own investing experience to highlight the appeal for investing of common sense, simplicity and business focus. The examples are his investments in an Omaha farm (in 1986) and a New York City apartment building (in 1993) in which he earned outsized returns by adhering to just a few fundamentals.</p><p><blockquote>巴菲特建议避免此类诱惑。相比之下,他用自己投资经历中的两个例子来强调常识、简单和商业关注投资的吸引力。例如,他在奥马哈的一个农场(1986年)和纽约市的一栋公寓楼(1993年)的投资,在这些投资中,他通过坚持一些基本原则获得了巨额回报。</blockquote></p><p> First, Buffett has long said the three most important words in investing are “margin of safety.” He refers to the phrase coined by his mentor, Benjamin Graham, who stressed that investment opportunities arise when priced below value. Buffett purchased the farm from a failed banker, and the building from a government receiver. They were eager sellers offering low prices given market conditions. Hunting for such safety is especially important in current highly-priced markets.</p><p><blockquote>首先,巴菲特早就说过,投资最重要的三个词是“安全边际”。他指的是他的导师本杰明·格雷厄姆创造的一句话,格雷厄姆强调,当价格低于价值时,投资机会就会出现。巴菲特从一个失败的银行家手中买下了农场,从一个政府接管人手中买下了这栋大楼。他们都是热切的卖家,在市场条件下提供低价。在当前的高价市场中,寻找这种安全性尤为重要。</blockquote></p><p> Second, Buffett says “keep it simple” and “don’t swing for the fences.” He isn’t an expert in farming or real estate. But he understood enough to estimate revenues and expenses on these assets over a decade-long holding period. Buffett estimated a 10% return, which he judged reasonable for the moderate risk. In fact, both of these investments saw earnings triple estimates and their value quintuple. If you keep it simple, meaning invest in things you understand, you only need basic competence to comfortably make economic estimates.</p><p><blockquote>其次,巴菲特说“保持简单”和“不要犹豫不决”。他不是农业或房地产方面的专家。但他足够了解这些资产在长达十年的持有期内的收入和支出。巴菲特估计回报率为10%,他认为对于中等风险来说这是合理的。事实上,这两项投资的收益都是预期的三倍,价值是预期的五倍。如果你保持简单,也就是说投资于你理解的东西,你只需要基本的能力就可以轻松地做出经济估计。</blockquote></p><p> Finally, Buffett advises to “focus on the playing field, not the scoreboard.” By this he means to study the asset and related business prospects rather than any market price. In stocks, for example, focus on the value of the expected cash flows over the next 10 years, not on today’s closing price; for an office building, focus on the value of the expected rent rolls, not on the sales price of the building down the block.</p><p><blockquote>最后,巴菲特建议“关注竞争环境,而不是记分牌。”他的意思是研究资产和相关的商业前景,而不是任何市场价格。例如,在股票中,关注未来10年的预期现金流价值,而不是今天的收盘价;对于办公楼,关注预期租金的价值,而不是街区内建筑的销售价格。</blockquote></p><p> Individual investors know that investing is not easy and that choppy waters can make things uncomfortable. Following the fundamentals helps, as does the perspective that history provides.</p><p><blockquote>个人投资者知道投资并不容易,波涛汹涌的水域会让事情变得不舒服。遵循基本面是有帮助的,历史提供的视角也是如此。</blockquote></p><p></p><p> <i>Lawrence A. Cunningham is a professor at George Washington University, founder of the Quality Shareholders Group, and publisher, since 1997, of “The Essays of Warren Buffett: Lessons for Corporate America.” Cunningham owns shares of Berkshire Hathaway.</i></p><p><blockquote><i>劳伦斯·A·坎宁安(Lawrence A.Cunningham)是乔治·华盛顿大学教授、优质股东组织创始人,自1997年起出版《沃伦·巴菲特随笔:美国企业界的教训》。坎宁安拥有伯克希尔·哈撒韦公司的股票。</i></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/warren-buffetts-folksy-investing-advice-is-just-what-you-need-in-this-unfriendly-stock-market-11633589615?siteid=yhoof2\">MarketWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/warren-buffetts-folksy-investing-advice-is-just-what-you-need-in-this-unfriendly-stock-market-11633589615?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1194460907","content_text":"Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.\n\nIndividual investors are back. Throughout 2021, they directly invested billions of dollars in U.S. stocks and real estate. But these assets are now priced at troublingly high levels, and fears of a correction are feeding volatility. Rising U.S. inflation, taxes, and government debt present systemic challenges. Political and social discord prevail. And there’s COVID.\nFacing such turmoil, individual investors are eager for guidance. There are few better sources than Berkshire Hathaway’sBRK.A,+0.80%BRK.B,+0.78%Warren Buffett, renowned for a matchless investment record across six volatile decades as well as for his savvy, accessible advice for investors. On point is this gem from 1994:\n“Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%. But, surprise — none of these blockbuster events made the slightest dent in [fundamental] investment principles.”\nAs unprecedented as these times may seem, from angst to innovation, another Buffett gem reminds us that we’ve been here before. In 2018, Buffett wrote again of how the fundamentals of investing are timeless:\n“Since 1942… the country contended at various times with a long period of viral inflation, a 21% prime rate, several controversial and costly wars, the resignation of a president, a pervasive collapse in home values, a paralyzing financial panic and a host of other problems.”\nBuffett has always believed that the fundamentals of investing remain intact even in the face of financial fads or innovations, from the tech bubble of the late 1990s to today’s meme stocks or social investing funds.\nThe fundamentals of investing are collated in homespun and humorous essays Buffett has been writing for the shareholders of his company, Berkshire Hathaway, for six decades. Since 1996, with Buffett’s support, I have published a collection of the best of these, representing a comprehensive, non-repetitive and compact mini-course useful to any individual investor.\nIn this year’s essay, Buffett warned about the perils of investing by individuals, particularly now in a period brimming with “promoters” telling “stories” that create “illusions” for the gullible. Springing to mind are SPACs, ETFs, ESG funds, and other fashionable offerings. Buffett cautions against “speculators” peddling “enticing ideas” and “calls for action” that “never stop.”\nBuffett advises avoiding such lures. In contrast, he uses two examples from his own investing experience to highlight the appeal for investing of common sense, simplicity and business focus. The examples are his investments in an Omaha farm (in 1986) and a New York City apartment building (in 1993) in which he earned outsized returns by adhering to just a few fundamentals.\nFirst, Buffett has long said the three most important words in investing are “margin of safety.” He refers to the phrase coined by his mentor, Benjamin Graham, who stressed that investment opportunities arise when priced below value. Buffett purchased the farm from a failed banker, and the building from a government receiver. They were eager sellers offering low prices given market conditions. Hunting for such safety is especially important in current highly-priced markets.\nSecond, Buffett says “keep it simple” and “don’t swing for the fences.” He isn’t an expert in farming or real estate. But he understood enough to estimate revenues and expenses on these assets over a decade-long holding period. Buffett estimated a 10% return, which he judged reasonable for the moderate risk. In fact, both of these investments saw earnings triple estimates and their value quintuple. If you keep it simple, meaning invest in things you understand, you only need basic competence to comfortably make economic estimates.\nFinally, Buffett advises to “focus on the playing field, not the scoreboard.” By this he means to study the asset and related business prospects rather than any market price. In stocks, for example, focus on the value of the expected cash flows over the next 10 years, not on today’s closing price; for an office building, focus on the value of the expected rent rolls, not on the sales price of the building down the block.\nIndividual investors know that investing is not easy and that choppy waters can make things uncomfortable. Following the fundamentals helps, as does the perspective that history provides.\nLawrence A. Cunningham is a professor at George Washington University, founder of the Quality Shareholders Group, and publisher, since 1997, of “The Essays of Warren Buffett: Lessons for Corporate America.” Cunningham owns shares of Berkshire Hathaway.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":142439649,"gmtCreate":1626166226581,"gmtModify":1631885481748,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Time to relook at Nokia ","listText":"Time to relook at Nokia ","text":"Time to relook at Nokia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142439649","repostId":"1184524031","repostType":4,"repost":{"id":"1184524031","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626165578,"share":"https://www.laohu8.com/m/news/1184524031?lang=zh_CN&edition=full","pubTime":"2021-07-13 16:39","market":"us","language":"en","title":"Nokia shares jumps 8% in premarket,as planning to raise full-year outlook<blockquote>诺基亚股价盘前上涨8%,计划上调全年预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184524031","media":"Tiger Newspress","summary":"Nokia shares jumps 8% in premarket,as planning to raise full-year outlook.\nNokia said on Tuesday it ","content":"<p>Nokia shares jumps 8% in premarket,as planning to raise full-year outlook.</p><p><blockquote>诺基亚股价盘前上涨8%,计划上调全年预期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7af8efcd78e26a83f974988a0fc0e98c\" tg-width=\"1292\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Nokia said on Tuesday it expects to raise its full-year outlook as business picked up pace in the second quarter.</p><p><blockquote>诺基亚周二表示,随着第二季度业务增长,预计将上调全年预期。</blockquote></p><p> \"Our first half performance has shown evidence of this in good cost control and also benefited from strength in a number of our end markets,\" CEO Pekka Lundmark said in a statement.</p><p><blockquote>首席执行官佩卡·伦德马克(Pekka Lundmark)在一份声明中表示:“我们上半年的业绩证明了这一点,成本控制良好,也受益于我们许多终端市场的实力。”</blockquote></p><p> The telecom equipment maker, which will provide the new outlook on July 29 while reporting second-quarter results, had earlier projected 2021 net sales of between 20.6 billion euros ($24.43 billion) to 21.8 billion.</p><p><blockquote>这家电信设备制造商将于7月29日在报告第二季度业绩时提供新的展望,此前预计2021年净销售额将在206亿欧元(244.3亿美元)至218亿欧元之间。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nokia shares jumps 8% in premarket,as planning to raise full-year outlook<blockquote>诺基亚股价盘前上涨8%,计划上调全年预期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNokia shares jumps 8% in premarket,as planning to raise full-year outlook<blockquote>诺基亚股价盘前上涨8%,计划上调全年预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-13 16:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nokia shares jumps 8% in premarket,as planning to raise full-year outlook.</p><p><blockquote>诺基亚股价盘前上涨8%,计划上调全年预期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7af8efcd78e26a83f974988a0fc0e98c\" tg-width=\"1292\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Nokia said on Tuesday it expects to raise its full-year outlook as business picked up pace in the second quarter.</p><p><blockquote>诺基亚周二表示,随着第二季度业务增长,预计将上调全年预期。</blockquote></p><p> \"Our first half performance has shown evidence of this in good cost control and also benefited from strength in a number of our end markets,\" CEO Pekka Lundmark said in a statement.</p><p><blockquote>首席执行官佩卡·伦德马克(Pekka Lundmark)在一份声明中表示:“我们上半年的业绩证明了这一点,成本控制良好,也受益于我们许多终端市场的实力。”</blockquote></p><p> The telecom equipment maker, which will provide the new outlook on July 29 while reporting second-quarter results, had earlier projected 2021 net sales of between 20.6 billion euros ($24.43 billion) to 21.8 billion.</p><p><blockquote>这家电信设备制造商将于7月29日在报告第二季度业绩时提供新的展望,此前预计2021年净销售额将在206亿欧元(244.3亿美元)至218亿欧元之间。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NOK":"诺基亚"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184524031","content_text":"Nokia shares jumps 8% in premarket,as planning to raise full-year outlook.\nNokia said on Tuesday it expects to raise its full-year outlook as business picked up pace in the second quarter.\n\"Our first half performance has shown evidence of this in good cost control and also benefited from strength in a number of our end markets,\" CEO Pekka Lundmark said in a statement.\nThe telecom equipment maker, which will provide the new outlook on July 29 while reporting second-quarter results, had earlier projected 2021 net sales of between 20.6 billion euros ($24.43 billion) to 21.8 billion.","news_type":1,"symbols_score_info":{"NOK":0.9}},"isVote":1,"tweetType":1,"viewCount":843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152264607,"gmtCreate":1625298610609,"gmtModify":1633941609904,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"A good list for my weekend homework!! ","listText":"A good list for my weekend homework!! ","text":"A good list for my weekend homework!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/152264607","repostId":"1122056398","repostType":4,"repost":{"id":"1122056398","kind":"news","pubTimestamp":1625280707,"share":"https://www.laohu8.com/m/news/1122056398?lang=zh_CN&edition=full","pubTime":"2021-07-03 10:51","market":"us","language":"en","title":"These 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这15只股票——6月份跌幅最大的股票——可能成为7月份的赢家</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122056398","media":"MarketWatch","summary":"‘Short-term reversal strategy’ often does particularly well in July.\n\nJune’s worst stocks are good b","content":"<p> <b>‘Short-term reversal strategy’ often does particularly well in July.</b> June’s worst stocks are good bets to beat the U.S. market in in July.</p><p><blockquote><b>“短期反转策略”通常在7月份表现特别好。</b>6月份表现最差的股票是7月份跑赢美国市场的好机会。</blockquote></p><p> That’s because portfolio window-dressing at the end of June will have made that month’s poor performers fall even further than they would have otherwise. It’s likely that once this artificial selling pressure disappears, these stocks will bounce back.</p><p><blockquote>这是因为6月底的投资组合装饰将使当月表现不佳的股票比其他情况下下跌得更远。一旦这种人为的抛售压力消失,这些股票很可能会反弹。</blockquote></p><p> To be sure, window dressing is a powerful force on several occasions throughout the calendar, not just at this time of year. It should have the biggest impact at the end of December, since more investors look at their portfolio holdings in early January than in any other month of the year. Fund managers therefore go out of their way to sell their losers prior to Dec. 31 in order to avoid the embarrassment of having to report that they had ever owned them.</p><p><blockquote>可以肯定的是,装点门面在整个日历中的几个场合都是一股强大的力量,不仅仅是在一年中的这个时候。它应该在12月底产生最大的影响,因为1月初查看其投资组合持股的投资者比一年中任何其他月份都多。因此,基金经理会特意在12月31日之前出售亏损股票,以避免不得不报告他们曾经拥有过这些股票的尴尬。</blockquote></p><p> Just the opposite is the case for stocks that managers buy for window dressing. These are the stocks that already have been performing well and which managers want to show in their end-of-quarter holdings report. Their cosmetic buying will cause these stocks to perform even better — which, in turn, results in them falling back to earth once the new quarter comes around.</p><p><blockquote>经理们为了装饰门面而购买的股票的情况恰恰相反。这些股票已经表现良好,经理们希望在季末持股报告中展示这些股票。他们购买化妆品将导致这些股票表现更好——这反过来又会导致它们在新季度到来时回落。</blockquote></p><p> As expected, January is the month in which the previous month’s worst performers fare best relative to the previous month’s best performers — a pattern known as the “short term reversal effect.” This is illustrated in the chart below, which reflects monthly data back to 1926. July is the second-most powerful month for this pattern. That also makes sense because, after January, July is the next most common time for investors to read through their brokerage statements.</p><p><blockquote>正如预期的那样,一月份是上个月表现最差的公司相对于上个月表现最好的公司表现最好的月份——这种模式被称为“短期逆转效应”。下图说明了这一点,它反映了1926年以来的月度数据。七月是这种模式第二强的月份。这也是有道理的,因为继一月之后,七月是投资者通读经纪报表的下一个最常见的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6ac3a509127efd603df1d98de04774e7\" tg-width=\"620\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Also as expected, end-of-quarter window dressing is less of a factor at the end of the first- and third quarters. In fact, as you can see from the chart, the short-term reversal effect is even less dominant in April than in non-quarter-end months.</p><p><blockquote>同样正如预期的那样,在第一季度和第三季度末,季度末的门面装饰不再是一个因素。事实上,正如你从图表中看到的,短期反转效应在4月份甚至不如非季末月份占优势。</blockquote></p><p> <b>How to play the short-term reversal in July</b></p><p><blockquote><b>7月短线反转怎么玩</b></blockquote></p><p> As is often the case, an exchange-traded fund has been created to exploit the short-term reversal effect. Vesper US Large Cap Short-Term Reversal Strategy ETFUTRN,“seeks to capitalize on the tendency for stocks that have experienced sharp recent sell-offs to experience near-term rebounds.”</p><p><blockquote>通常情况下,交易所交易基金的创建是为了利用短期反转效应。Vesper美国大盘股短期反转策略ETFUTRN“寻求利用近期经历大幅抛售的股票近期反弹的趋势。”</blockquote></p><p> Because the fund was only recently created, in September 2018, the ETF’s average monthly returns since then are only suggestive of the long-term pattern. But its average return in July has been better (4.1%) than in any other month.</p><p><blockquote>由于该基金是最近才在2018年9月创建的,该ETF此后的平均月回报率仅暗示了长期模式。但其7月份的平均回报率(4.1%)好于其他任何月份。</blockquote></p><p> For anyone interested in the individual stocks that performed the worst in June, I constructed the following list. I started with the 50 stocks in the S&P 1500 index with the worst June returns, and then eliminated ones not currently recommended by any of the top-performing newsletters monitored by my newsletter-performance-tracking service.</p><p><blockquote>对于任何对6月份表现最差的个股感兴趣的人,我构建了以下列表。我从标准普尔1500指数中6月份回报最差的50只股票开始,然后剔除了我的时事通讯表现跟踪服务监控的任何表现最好的时事通讯目前不推荐的股票。</blockquote></p><p> The 15 stocks listed below survived this winnowing process. I note that, on average, these 15 lost 15.4% during the month of June, versus a gain of 2.3% for the S&P 500SPX.</p><p><blockquote>下面列出的15只股票在这一筛选过程中幸存下来。我注意到,平均而言,这15只股票在6月份下跌了15.4%,而标准普尔500SPX指数则上涨了2.3%。</blockquote></p><p> <ul> <li>Adient PLC ADNT</li> <li>Alaska Air Group ALK</li> <li>Alliance Data Systems ADS</li> <li>America’s Car Mart CRMT</li> <li>ArcBest ARCB</li> <li>Goodyear Tire & Rubber GT</li> <li>KB Home KBH</li> <li>LCI Industries LCII</li> <li>Mosaic & Co .MOS</li> <li>Medifast MED</li> <li>Newmont Corp. NEM</li> <li>Organon & Co. OGN</li> <li>Patrick Industries PATK</li> <li>Regions Financial RF</li> <li>Sabre SABR</li> </ul> I also note that these stocks have an average price/book value ratio of 3.3, which is well-below the 4.7 ratio for the S&P 500. Having a below-average price/book ratio is the hallmark of a value stock, and it makes sense that value stocks will be favored by the short-term reversal strategy. That’s because value stocks significantly underperformed growth stocks in June — but their fortunes may soon change.</p><p><blockquote><ul><li>Adient PLC ADNT</li><li>阿拉斯加航空集团ALK</li><li>联盟数据系统广告</li><li>美国汽车市场CRMT</li><li>ArcBest ArcB</li><li>固特异轮胎橡胶GT</li><li>KB主页KBH</li><li>LCI工业LCII</li><li>马赛克公司MOS</li><li>快验快</li><li>纽蒙特公司NEM</li><li>欧加农公司OGN</li><li>帕特里克工业PATK</li><li>地区金融射频</li><li>军刀</li></ul>我还注意到,这些股票的平均市净率为3.3,远低于标普500 4.7的比率。低于平均水平的市净率是价值股的标志,价值股会受到短期反转策略的青睐是有道理的。这是因为价值股在6月份的表现明显落后于成长股——但它们的命运可能很快就会改变。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这15只股票——6月份跌幅最大的股票——可能成为7月份的赢家</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这15只股票——6月份跌幅最大的股票——可能成为7月份的赢家</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-03 10:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>‘Short-term reversal strategy’ often does particularly well in July.</b> June’s worst stocks are good bets to beat the U.S. market in in July.</p><p><blockquote><b>“短期反转策略”通常在7月份表现特别好。</b>6月份表现最差的股票是7月份跑赢美国市场的好机会。</blockquote></p><p> That’s because portfolio window-dressing at the end of June will have made that month’s poor performers fall even further than they would have otherwise. It’s likely that once this artificial selling pressure disappears, these stocks will bounce back.</p><p><blockquote>这是因为6月底的投资组合装饰将使当月表现不佳的股票比其他情况下下跌得更远。一旦这种人为的抛售压力消失,这些股票很可能会反弹。</blockquote></p><p> To be sure, window dressing is a powerful force on several occasions throughout the calendar, not just at this time of year. It should have the biggest impact at the end of December, since more investors look at their portfolio holdings in early January than in any other month of the year. Fund managers therefore go out of their way to sell their losers prior to Dec. 31 in order to avoid the embarrassment of having to report that they had ever owned them.</p><p><blockquote>可以肯定的是,装点门面在整个日历中的几个场合都是一股强大的力量,不仅仅是在一年中的这个时候。它应该在12月底产生最大的影响,因为1月初查看其投资组合持股的投资者比一年中任何其他月份都多。因此,基金经理会特意在12月31日之前出售亏损股票,以避免不得不报告他们曾经拥有过这些股票的尴尬。</blockquote></p><p> Just the opposite is the case for stocks that managers buy for window dressing. These are the stocks that already have been performing well and which managers want to show in their end-of-quarter holdings report. Their cosmetic buying will cause these stocks to perform even better — which, in turn, results in them falling back to earth once the new quarter comes around.</p><p><blockquote>经理们为了装饰门面而购买的股票的情况恰恰相反。这些股票已经表现良好,经理们希望在季末持股报告中展示这些股票。他们购买化妆品将导致这些股票表现更好——这反过来又会导致它们在新季度到来时回落。</blockquote></p><p> As expected, January is the month in which the previous month’s worst performers fare best relative to the previous month’s best performers — a pattern known as the “short term reversal effect.” This is illustrated in the chart below, which reflects monthly data back to 1926. July is the second-most powerful month for this pattern. That also makes sense because, after January, July is the next most common time for investors to read through their brokerage statements.</p><p><blockquote>正如预期的那样,一月份是上个月表现最差的公司相对于上个月表现最好的公司表现最好的月份——这种模式被称为“短期逆转效应”。下图说明了这一点,它反映了1926年以来的月度数据。七月是这种模式第二强的月份。这也是有道理的,因为继一月之后,七月是投资者通读经纪报表的下一个最常见的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6ac3a509127efd603df1d98de04774e7\" tg-width=\"620\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Also as expected, end-of-quarter window dressing is less of a factor at the end of the first- and third quarters. In fact, as you can see from the chart, the short-term reversal effect is even less dominant in April than in non-quarter-end months.</p><p><blockquote>同样正如预期的那样,在第一季度和第三季度末,季度末的门面装饰不再是一个因素。事实上,正如你从图表中看到的,短期反转效应在4月份甚至不如非季末月份占优势。</blockquote></p><p> <b>How to play the short-term reversal in July</b></p><p><blockquote><b>7月短线反转怎么玩</b></blockquote></p><p> As is often the case, an exchange-traded fund has been created to exploit the short-term reversal effect. Vesper US Large Cap Short-Term Reversal Strategy ETFUTRN,“seeks to capitalize on the tendency for stocks that have experienced sharp recent sell-offs to experience near-term rebounds.”</p><p><blockquote>通常情况下,交易所交易基金的创建是为了利用短期反转效应。Vesper美国大盘股短期反转策略ETFUTRN“寻求利用近期经历大幅抛售的股票近期反弹的趋势。”</blockquote></p><p> Because the fund was only recently created, in September 2018, the ETF’s average monthly returns since then are only suggestive of the long-term pattern. But its average return in July has been better (4.1%) than in any other month.</p><p><blockquote>由于该基金是最近才在2018年9月创建的,该ETF此后的平均月回报率仅暗示了长期模式。但其7月份的平均回报率(4.1%)好于其他任何月份。</blockquote></p><p> For anyone interested in the individual stocks that performed the worst in June, I constructed the following list. I started with the 50 stocks in the S&P 1500 index with the worst June returns, and then eliminated ones not currently recommended by any of the top-performing newsletters monitored by my newsletter-performance-tracking service.</p><p><blockquote>对于任何对6月份表现最差的个股感兴趣的人,我构建了以下列表。我从标准普尔1500指数中6月份回报最差的50只股票开始,然后剔除了我的时事通讯表现跟踪服务监控的任何表现最好的时事通讯目前不推荐的股票。</blockquote></p><p> The 15 stocks listed below survived this winnowing process. I note that, on average, these 15 lost 15.4% during the month of June, versus a gain of 2.3% for the S&P 500SPX.</p><p><blockquote>下面列出的15只股票在这一筛选过程中幸存下来。我注意到,平均而言,这15只股票在6月份下跌了15.4%,而标准普尔500SPX指数则上涨了2.3%。</blockquote></p><p> <ul> <li>Adient PLC ADNT</li> <li>Alaska Air Group ALK</li> <li>Alliance Data Systems ADS</li> <li>America’s Car Mart CRMT</li> <li>ArcBest ARCB</li> <li>Goodyear Tire & Rubber GT</li> <li>KB Home KBH</li> <li>LCI Industries LCII</li> <li>Mosaic & Co .MOS</li> <li>Medifast MED</li> <li>Newmont Corp. NEM</li> <li>Organon & Co. OGN</li> <li>Patrick Industries PATK</li> <li>Regions Financial RF</li> <li>Sabre SABR</li> </ul> I also note that these stocks have an average price/book value ratio of 3.3, which is well-below the 4.7 ratio for the S&P 500. Having a below-average price/book ratio is the hallmark of a value stock, and it makes sense that value stocks will be favored by the short-term reversal strategy. That’s because value stocks significantly underperformed growth stocks in June — but their fortunes may soon change.</p><p><blockquote><ul><li>Adient PLC ADNT</li><li>阿拉斯加航空集团ALK</li><li>联盟数据系统广告</li><li>美国汽车市场CRMT</li><li>ArcBest ArcB</li><li>固特异轮胎橡胶GT</li><li>KB主页KBH</li><li>LCI工业LCII</li><li>马赛克公司MOS</li><li>快验快</li><li>纽蒙特公司NEM</li><li>欧加农公司OGN</li><li>帕特里克工业PATK</li><li>地区金融射频</li><li>军刀</li></ul>我还注意到,这些股票的平均市净率为3.3,远低于标普500 4.7的比率。低于平均水平的市净率是价值股的标志,价值股会受到短期反转策略的青睐是有道理的。这是因为价值股在6月份的表现明显落后于成长股——但它们的命运可能很快就会改变。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/these-15-stocks-junes-biggest-losers-could-become-julys-winners-11625238769?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATK":"Patrick Industries","ALK":"阿拉斯加航空集团有限公司","NEM":"纽曼矿业","MED":"快验保","SABR":"Sabre Corporation","KBH":"KB Home","LCII":"LCI Industries","RF":"地区金融","OGN":"Organon & Co","MOS":"美国美盛","CRMT":"美国汽车行","ARCB":"ArcBest Corporation","ADNT":"Adient PLC","GT":"固特异轮胎橡胶公司"},"source_url":"https://www.marketwatch.com/story/these-15-stocks-junes-biggest-losers-could-become-julys-winners-11625238769?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122056398","content_text":"‘Short-term reversal strategy’ often does particularly well in July.\n\nJune’s worst stocks are good bets to beat the U.S. market in in July.\nThat’s because portfolio window-dressing at the end of June will have made that month’s poor performers fall even further than they would have otherwise. It’s likely that once this artificial selling pressure disappears, these stocks will bounce back.\nTo be sure, window dressing is a powerful force on several occasions throughout the calendar, not just at this time of year. It should have the biggest impact at the end of December, since more investors look at their portfolio holdings in early January than in any other month of the year. Fund managers therefore go out of their way to sell their losers prior to Dec. 31 in order to avoid the embarrassment of having to report that they had ever owned them.\nJust the opposite is the case for stocks that managers buy for window dressing. These are the stocks that already have been performing well and which managers want to show in their end-of-quarter holdings report. Their cosmetic buying will cause these stocks to perform even better — which, in turn, results in them falling back to earth once the new quarter comes around.\nAs expected, January is the month in which the previous month’s worst performers fare best relative to the previous month’s best performers — a pattern known as the “short term reversal effect.” This is illustrated in the chart below, which reflects monthly data back to 1926. July is the second-most powerful month for this pattern. That also makes sense because, after January, July is the next most common time for investors to read through their brokerage statements.\n\nAlso as expected, end-of-quarter window dressing is less of a factor at the end of the first- and third quarters. In fact, as you can see from the chart, the short-term reversal effect is even less dominant in April than in non-quarter-end months.\nHow to play the short-term reversal in July\nAs is often the case, an exchange-traded fund has been created to exploit the short-term reversal effect. Vesper US Large Cap Short-Term Reversal Strategy ETFUTRN,“seeks to capitalize on the tendency for stocks that have experienced sharp recent sell-offs to experience near-term rebounds.”\nBecause the fund was only recently created, in September 2018, the ETF’s average monthly returns since then are only suggestive of the long-term pattern. But its average return in July has been better (4.1%) than in any other month.\nFor anyone interested in the individual stocks that performed the worst in June, I constructed the following list. I started with the 50 stocks in the S&P 1500 index with the worst June returns, and then eliminated ones not currently recommended by any of the top-performing newsletters monitored by my newsletter-performance-tracking service.\nThe 15 stocks listed below survived this winnowing process. I note that, on average, these 15 lost 15.4% during the month of June, versus a gain of 2.3% for the S&P 500SPX.\n\nAdient PLC ADNT\nAlaska Air Group ALK\nAlliance Data Systems ADS\nAmerica’s Car Mart CRMT\nArcBest ARCB\nGoodyear Tire & Rubber GT\nKB Home KBH\nLCI Industries LCII\nMosaic & Co .MOS\nMedifast MED\nNewmont Corp. NEM\nOrganon & Co. OGN\nPatrick Industries PATK\nRegions Financial RF\nSabre SABR\n\nI also note that these stocks have an average price/book value ratio of 3.3, which is well-below the 4.7 ratio for the S&P 500. Having a below-average price/book ratio is the hallmark of a value stock, and it makes sense that value stocks will be favored by the short-term reversal strategy. That’s because value stocks significantly underperformed growth stocks in June — but their fortunes may soon change.","news_type":1,"symbols_score_info":{"OGN":0.9,"MED":0.9,"RF":0.9,"GT":0.9,"ADS":0.9,"NEM":0.9,"LCII":0.9,"MOS":0.9,"CRMT":0.9,"SABR":0.9,"ARCB":0.9,"KBH":0.9,"PATK":0.9,"ALK":0.9,"ADNT":0.9}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142433412,"gmtCreate":1626166308536,"gmtModify":1633929467025,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"themes":[],"htmlText":"Congrats to those who bought the dip!! ","listText":"Congrats to those who bought the dip!! ","text":"Congrats to those who bought the dip!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142433412","repostId":"1121575153","repostType":4,"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}