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Des123
2021-09-07
$UG HEALTHCARE CORPORATION LTD(8K7.SI)$
no potential very risk
Des123
2021-08-19
amazing
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Des123
2021-08-08
amazing
SEC Moves First DeFi Unregistered Securities Lawsuit
Des123
2021-08-05
Good solid share
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Des123
2021-08-05
good news
7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover
Des123
2021-08-05
Amazing
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Des123
2021-08-04
amzing
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Des123
2021-08-02
amazing
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Des123
2021-07-25
powerful
Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks
Des123
2021-07-25
Amazing stock
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Des123
2021-07-24
amazing
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Des123
2021-07-21
amazing
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Des123
2021-07-19
good
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Des123
2021-07-19
good stock in market
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Des123
2021-07-19
potential
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Des123
2021-07-16
Amazing
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Des123
2021-07-15
amazing
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2021-07-15
wonderful stock
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Des123
2021-07-14
Fantastic
Can the Fed avoid negative interest rates in the next downturn?
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2021-07-14
amazing
Why Is Plug Power Stock Sinking Again on Tuesday?
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09:28","market":"us","language":"en","title":"SEC Moves First DeFi Unregistered Securities Lawsuit","url":"https://stock-news.laohu8.com/highlight/detail?id=1180529438","media":"Benzinga","summary":"The United States Securities and Exchange Commission sued the organization responsible for the development of a decentralized finance protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported","content":"<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.</p>\n<p><b>What Happened:</b> According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.</p>\n<p>The SEC notes that Blockchain Credit Partners founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial the accusations.</p>\n<p><b>New Game, Old Rules?</b></p>\n<p>SEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.</p>\n<p>The SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.</p>\n<p>In a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.</p>\n<p><b>What's Next:</b>If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force <b>Ethereum's</b> (CRYPTO: ETH) core development team to write an update stopping such a project?</p>\n<p>If the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away between their fingers like sand, and they are going to try to grab it.</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>SEC Moves First DeFi Unregistered Securities Lawsuit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC Moves First DeFi Unregistered Securities Lawsuit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-08 09:28 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180529438","content_text":"The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.\nWhat Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.\nThe SEC notes that Blockchain Credit Partners founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial the accusations.\nNew Game, Old Rules?\nSEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.\nThe SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.\nIn a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.\nWhat's Next:If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force Ethereum's (CRYPTO: ETH) core development team to write an update stopping such a project?\nIf the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away between their fingers like sand, and they are going to try to grab it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899318606,"gmtCreate":1628159373805,"gmtModify":1633753072296,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Good solid share","listText":"Good solid share","text":"Good solid share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/899318606","repostId":"2156810549","repostType":4,"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899064765,"gmtCreate":1628143761257,"gmtModify":1633753165007,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"good news","listText":"good news","text":"good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899064765","repostId":"1109459574","repostType":4,"repost":{"id":"1109459574","kind":"news","pubTimestamp":1628142993,"share":"https://www.laohu8.com/m/news/1109459574?lang=&edition=full","pubTime":"2021-08-05 13:56","market":"us","language":"en","title":"7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover","url":"https://stock-news.laohu8.com/highlight/detail?id=1109459574","media":"InvestorPlace","summary":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and gr","content":"<p>Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2eb44424b42f94add678bc777f809c4\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"><span>Source: Shutterstock</span></p>\n<p>At the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by <i>Harvard Business School</i>, two months into the pandemic,40% of American restaurants were closed and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.</p>\n<p>However, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.</p>\n<p>Energy stocks have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.</p>\n<ul>\n <li><b>Brinker International, Inc.</b>(NYSE:<b><u>EAT</u></b>)</li>\n <li><b>Cheesecake Factory Inc</b>(NASDAQ:<b><u>CAKE</u></b>)</li>\n <li><b>Darden Restaurants, Inc.</b>(NYSE:<b><u>DRI</u></b>)</li>\n <li><b>Denny’s Corp</b>(NASDAQ:<b><u>DENN</u></b>)</li>\n <li><b>Ruth’s Hospitality Group, Inc.</b>(NASDAQ:<b><u>RUTH</u></b>)</li>\n <li><b>Shake Shack Inc</b>(NYSE:<b><u>SHAK</u></b>)</li>\n <li><b>Starbucks Corporation</b>(NASDAQ:<b><u>SBUX</u></b>)</li>\n</ul>\n<p>While times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.</p>\n<p><b>Brinker International (EAT)</b></p>\n<p>Brinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.</p>\n<p>As the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker reported revenue down slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.</p>\n<p>That price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.</p>\n<p>At the time of publication, EAT stock was rated “B” in <i>Portfolio Grader</i>.</p>\n<p><b>Cheesecake Factory (CAKE)</b></p>\n<p>Casual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.</p>\n<p>After plunging last February, CAKE stock rallied, but then the company ran into an Securities and Exchange Commission investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.</p>\n<p>The company reported its second-quarter 2021 earnings in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.</p>\n<p>The <i>Portfolio Grader</i> rating for CAKE stock is currently “B.”</p>\n<p><b>Darden Restaurants (DRI)</b></p>\n<p>Darden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.</p>\n<p>Darden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.</p>\n<p>Darden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.</p>\n<p>DRI stock currently earns a “B” rating in <i>Portfolio Grader</i>.</p>\n<p><b>Denny’s (DENN)</b></p>\n<p>With a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of chains most likely to fail.</p>\n<p>Denny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.</p>\n<p>At the time of publication, DENN stock was rated “B” in <i>Portfolio Grader</i>.</p>\n<p><b>Ruth’s Hospitality Group (RUTH)</b></p>\n<p>The pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.</p>\n<p>The company was forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up returning the money after public backlash.</p>\n<p>Today, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.</p>\n<p>The current<i>Portfolio Grader</i> rating for RUTH stock is “B.”</p>\n<p><b>Shake Shack (SHAK)</b></p>\n<p>Just like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.</p>\n<p>However, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.</p>\n<p>Currently trading at just over $100, SHAK stock is up 12% so far in 2021.</p>\n<p>SHAK stock currently rates a “B” in <i>Portfolio Grader</i>.</p>\n<p><b>Starbucks (SBUX)</b></p>\n<p>Finally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.</p>\n<p>In its first full quarter of the pandemic in 2020, the company said it had lost $3.2 billion in sales as a result.</p>\n<p>It seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.</p>\n<p>After a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.</p>\n<p>The current rating for SVUX stock in <i>Portfolio Grader</i>is “B.”</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>7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 13:56 GMT+8 <a href=https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as ...</p>\n\n<a href=\"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHAK":"Shake Shack Inc","DENN":"丹尼斯","RUTH":"鲁斯集团","EAT":"布林克国际","DRI":"达登饭店","CAKE":"芝乐坊餐馆","SBUX":"星巴克"},"source_url":"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109459574","content_text":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by Harvard Business School, two months into the pandemic,40% of American restaurants were closed and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.\nHowever, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.\nEnergy stocks have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.\n\nBrinker International, Inc.(NYSE:EAT)\nCheesecake Factory Inc(NASDAQ:CAKE)\nDarden Restaurants, Inc.(NYSE:DRI)\nDenny’s Corp(NASDAQ:DENN)\nRuth’s Hospitality Group, Inc.(NASDAQ:RUTH)\nShake Shack Inc(NYSE:SHAK)\nStarbucks Corporation(NASDAQ:SBUX)\n\nWhile times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.\nBrinker International (EAT)\nBrinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.\nAs the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker reported revenue down slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.\nThat price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.\nAt the time of publication, EAT stock was rated “B” in Portfolio Grader.\nCheesecake Factory (CAKE)\nCasual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.\nAfter plunging last February, CAKE stock rallied, but then the company ran into an Securities and Exchange Commission investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.\nThe company reported its second-quarter 2021 earnings in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.\nThe Portfolio Grader rating for CAKE stock is currently “B.”\nDarden Restaurants (DRI)\nDarden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.\nDarden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.\nDarden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.\nDRI stock currently earns a “B” rating in Portfolio Grader.\nDenny’s (DENN)\nWith a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of chains most likely to fail.\nDenny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.\nAt the time of publication, DENN stock was rated “B” in Portfolio Grader.\nRuth’s Hospitality Group (RUTH)\nThe pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.\nThe company was forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up returning the money after public backlash.\nToday, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.\nThe currentPortfolio Grader rating for RUTH stock is “B.”\nShake Shack (SHAK)\nJust like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.\nHowever, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.\nCurrently trading at just over $100, SHAK stock is up 12% so far in 2021.\nSHAK stock currently rates a “B” in Portfolio Grader.\nStarbucks (SBUX)\nFinally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.\nIn its first full quarter of the pandemic in 2020, the company said it had lost $3.2 billion in sales as a result.\nIt seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.\nAfter a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.\nThe current rating for SVUX stock in Portfolio Graderis “B.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899064865,"gmtCreate":1628143720557,"gmtModify":1633753165351,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Amazing","listText":"Amazing","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899064865","repostId":"1135557452","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890094310,"gmtCreate":1628064896330,"gmtModify":1633753920735,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amzing","listText":"amzing","text":"amzing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890094310","repostId":"2156617291","repostType":4,"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805755319,"gmtCreate":1627909319431,"gmtModify":1633755405022,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805755319","repostId":"2156864192","repostType":4,"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177613039,"gmtCreate":1627207746121,"gmtModify":1633767157104,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"powerful","listText":"powerful","text":"powerful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177613039","repostId":"1112927800","repostType":4,"repost":{"id":"1112927800","kind":"news","pubTimestamp":1627089375,"share":"https://www.laohu8.com/m/news/1112927800?lang=&edition=full","pubTime":"2021-07-24 09:16","market":"us","language":"en","title":"Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1112927800","media":"seekingalpha","summary":"Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p","content":"<p><b>Summary</b></p>\n<ul>\n <li>Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.</li>\n <li>NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.</li>\n <li>NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f749c70c8a2af3e18d5f6cecc72bfbb\" tg-width=\"1536\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><span>ipopba/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>NIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.</p>\n<p><b>NIO And TSLA Stock Prices</b></p>\n<p>Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ff5ce865807df85283775d2293b41af\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Taking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.</p>\n<p><b>Is NIO Similar To Tesla?</b></p>\n<p>The answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:</p>\n<p><b>Business Model</b></p>\n<p>Both companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.</p>\n<p>Both companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.</p>\n<p><b>Size, growth, and valuation</b></p>\n<p>The two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.</p>\n<p>Tesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a986ea65130206f99961a46ce6cfed55\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Tesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.</p>\n<p>The same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).</p>\n<p>Looking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.</p>\n<p><b>Can NIO Be Worth As Much As Tesla?</b></p>\n<p>The answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).</p>\n<p>When we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.</p>\n<p>It should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.</p>\n<p><b>Is NIO A Good Stock To Buy Or Sell Now?</b></p>\n<p>When considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.</p>\n<p>One could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.</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>Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 09:16 GMT+8 <a href=https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112927800","content_text":"Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.\nNIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.\n\nipopba/iStock via Getty Images\nArticle Thesis\nNIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.\nNIO And TSLA Stock Prices\nBoth companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.\nData by YCharts\nTaking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.\nIs NIO Similar To Tesla?\nThe answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:\nBusiness Model\nBoth companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.\nBoth companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.\nSize, growth, and valuation\nThe two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.\nTesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:\nData by YCharts\nTesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.\nThe same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).\nLooking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.\nCan NIO Be Worth As Much As Tesla?\nThe answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).\nWhen we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.\nIt should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.\nIs NIO A Good Stock To Buy Or Sell Now?\nWhen considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.\nOne could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.","news_type":1},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177619772,"gmtCreate":1627207719296,"gmtModify":1633767157228,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Amazing stock","listText":"Amazing stock","text":"Amazing 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stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144753840","repostId":"1159685383","repostType":4,"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145214261,"gmtCreate":1626225316153,"gmtModify":1633928880453,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Fantastic","listText":"Fantastic","text":"Fantastic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145214261","repostId":"1171237961","repostType":4,"repost":{"id":"1171237961","kind":"news","pubTimestamp":1626221936,"share":"https://www.laohu8.com/m/news/1171237961?lang=&edition=full","pubTime":"2021-07-14 08:18","market":"us","language":"en","title":"Can the Fed avoid negative interest rates in the next downturn?","url":"https://stock-news.laohu8.com/highlight/detail?id=1171237961","media":"yahoo","summary":"The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced","content":"<p>The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into short-term borrowing rates below zero?</p>\n<p>In aUBS surveyof almost 30 central banks around the world, 21% of respondents said they could see the Fed turning to negative interest rates if needed.</p>\n<p>The concern: With U.S. short-term rates yet again backed up at near-zero, a Fed that may beslower to raise interest rateswill not have the room to again cut rates in the next crisis.</p>\n<p>But Fed officials, who managed to avoid the tool through an economic shutdown of unprecedented scale, have made it clear that negative interest rates are low on their lists of preferred policy tools.</p>\n<p>“Negative rates I think have a worse cost-benefit relationship than the other tools that we have,” New York Fed President John Williams told reporters on Monday morning.</p>\n<p>AnOctober 2019 discussionof negative rates noted that all of the Fed’s policy-setting members disliked the idea of implementing the policy in the U.S.</p>\n<p>“The committee’s view on negative rates really has not changed. This is not something we’re looking at,” Powell said in May 2020.</p>\n<p>Still, the central bank hasn’t explicitly ruled out its possible use in the future.</p>\n<p><b>‘Rather stay out of that game’</b></p>\n<p>Negative interest rate policies, such as those deployed by the European Central Bank and the Bank of Japan, attempt to stimulate the economy by penalizing banks for parking money at the central bank. The idea is to push banks to lend into the economy by further discouraging saving.</p>\n<p>But Fed officials have worried about the distortions that could come with negative short-term rates in the U.S., where the importance of U.S. government debt markets and the U.S. dollar could have wide-reaching and international financial stability consequences.</p>\n<p>“You’ve got Japan and Europe mired in negative interest rates,” St. Louis Fed President James Bullardtold Yahoo Finance on May 24. “We’d rather stay out of that game.”</p>\n<p>UBS noted that the $4.5 trillion money market, which is heavily reliant on short-term rates, is too large — and too interconnected to public and private sectors — to be toyed around with.</p>\n<p>“Implementing a negative interest rate policy in the U.S. would be too much of a disruptor (not the same issue overseas),” UBS Chief Investment Officer Solita Marcelli wrote.</p>\n<p>The playbook in the next crisis might therefore look similar to the one used last year: near-zero rates, aggressive asset purchases, and an armada of liquidity facilities to backstop various financial markets.</p>\n<p>Williams specifically said the Fed's purchases of U.S. Treasuries and agency mortgage-backed securities have been \"critically important.\" The Fed has only recently begun conversations about slowing the pace of those purchases, as the central bank's balance sheet soars past the $8 trillion mark.</p>\n<p><img src=\"https://static.tigerbbs.com/7accbdd2071471c525d7cd6ecce430ae\" tg-width=\"705\" tg-height=\"272\"></p>\n<p>“These tools, they’re not really as unconventional as they used to be,” Williams said Monday.</p>\n<p>The UBS survey notes that the Fed could still get creative if it needed to. About 45% of respondents said they could see the Fed buying stocks and about 65% said they could see the Fed targeting medium- to longer-dated bond yields (through a tool calledyield curve control) in the next crisis.</p>","source":"lsy1584348713084","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>Can the Fed avoid negative interest rates in the next downturn?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan the Fed avoid negative interest rates in the next downturn?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 08:18 GMT+8 <a href=https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into ...</p>\n\n<a href=\"https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html\">Web Link</a>\n\n</div>\n\n\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://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171237961","content_text":"The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into short-term borrowing rates below zero?\nIn aUBS surveyof almost 30 central banks around the world, 21% of respondents said they could see the Fed turning to negative interest rates if needed.\nThe concern: With U.S. short-term rates yet again backed up at near-zero, a Fed that may beslower to raise interest rateswill not have the room to again cut rates in the next crisis.\nBut Fed officials, who managed to avoid the tool through an economic shutdown of unprecedented scale, have made it clear that negative interest rates are low on their lists of preferred policy tools.\n“Negative rates I think have a worse cost-benefit relationship than the other tools that we have,” New York Fed President John Williams told reporters on Monday morning.\nAnOctober 2019 discussionof negative rates noted that all of the Fed’s policy-setting members disliked the idea of implementing the policy in the U.S.\n“The committee’s view on negative rates really has not changed. This is not something we’re looking at,” Powell said in May 2020.\nStill, the central bank hasn’t explicitly ruled out its possible use in the future.\n‘Rather stay out of that game’\nNegative interest rate policies, such as those deployed by the European Central Bank and the Bank of Japan, attempt to stimulate the economy by penalizing banks for parking money at the central bank. The idea is to push banks to lend into the economy by further discouraging saving.\nBut Fed officials have worried about the distortions that could come with negative short-term rates in the U.S., where the importance of U.S. government debt markets and the U.S. dollar could have wide-reaching and international financial stability consequences.\n“You’ve got Japan and Europe mired in negative interest rates,” St. Louis Fed President James Bullardtold Yahoo Finance on May 24. “We’d rather stay out of that game.”\nUBS noted that the $4.5 trillion money market, which is heavily reliant on short-term rates, is too large — and too interconnected to public and private sectors — to be toyed around with.\n“Implementing a negative interest rate policy in the U.S. would be too much of a disruptor (not the same issue overseas),” UBS Chief Investment Officer Solita Marcelli wrote.\nThe playbook in the next crisis might therefore look similar to the one used last year: near-zero rates, aggressive asset purchases, and an armada of liquidity facilities to backstop various financial markets.\nWilliams specifically said the Fed's purchases of U.S. Treasuries and agency mortgage-backed securities have been \"critically important.\" The Fed has only recently begun conversations about slowing the pace of those purchases, as the central bank's balance sheet soars past the $8 trillion mark.\n\n“These tools, they’re not really as unconventional as they used to be,” Williams said Monday.\nThe UBS survey notes that the Fed could still get creative if it needed to. About 45% of respondents said they could see the Fed buying stocks and about 65% said they could see the Fed targeting medium- to longer-dated bond yields (through a tool calledyield curve control) in the next crisis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145212722,"gmtCreate":1626225279866,"gmtModify":1633928881536,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing ","listText":"amazing ","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145212722","repostId":"1150580919","repostType":4,"repost":{"id":"1150580919","kind":"news","pubTimestamp":1626221598,"share":"https://www.laohu8.com/m/news/1150580919?lang=&edition=full","pubTime":"2021-07-14 08:13","market":"us","language":"en","title":"Why Is Plug Power Stock Sinking Again on Tuesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150580919","media":"Motley Fool","summary":"Investors continue to take notice of a fuel cell competitor's growing momentum.\n\nKey Points\n\nA fuel ","content":"<blockquote>\n Investors continue to take notice of a fuel cell competitor's growing momentum.\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>A fuel cell vehicle manufacturer forecasts continued success in 2021 and into 2022.</li>\n</ul>\n<p><b>What happened</b></p>\n<p>Extending the 1.3% drop they suffered onMonday, shares of<b>Plug Power</b>(NASDAQ:PLUG)are continuing to slide today. Similar to yesterday, Plug Power didn't report anything on Tuesday that led investors to hit the sell button. Instead, the stock's fall is likely a reaction to the positive news that a noteworthy fuel cell peer shared this morning. Paring back some of its losses on the day, Plug Power's stock, which had dipped as much as 4.7% at one point today, was down 3.9% as of 3:55 p.m. EDT.</p>\n<p><b>So what</b></p>\n<p>There's a new fuel cell name in town, Hyzon Motors, and investors focused on this niche of therenewable energyindustry are starting to take notice, adding it to their list of the usual fuel cell-oriented suspects:<b>Ballard Power Systems</b>,<b>Bloom Energy</b>, and<b>FuelCell Energy</b>. On track to merge with theSPAC<b>Decarbonization Plus Acquisition</b>(NASDAQ:DCRB), Hyzon Motors brands itself as \"a global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, including heavy duty trucks, buses and coaches.\" And apparently, the company foresees good things happening in the rest of 2021 and into 2022.</p>\n<p>Hyzon Motors reported today that it expects to achieve its 2021 sales guidance of $37 million. In addition, the company forecasts achieving its 2022 outlook as well, which includes revenue of $198 million and deliveries of 623 medium and heavy duty trucks. According to management, its optimism regarding the achieving of its 2022 forecast comes from the fact that the company's orders and non-binding memorandums of understanding have climbed to $83 million, representing an increase of over 100% from Feb. 12.</p>\n<p><b>Now what</b></p>\n<p>While supplying fuel cell modules for these sorts of vehicles isn't Plug Power's bread and butter, the company has its sights on this market. On the company'sQ4 2020 conference call, for example, Plug Power CEO Andy Marsh addressed the company's interest in this, stating, \"We do have discussions going on in the United States and elsewhere, especially with a focus on heavy-duty vehicles.\" Later in the call, Marsh estimated that in 2024, when the company expects to exceed $1 billion in revenue, the transportation market will play an important role, saying that he and the rest of management \"expect to be in the $500 million range and the rest will be involved in large-scale stationary [power] and on-road vehicles.\"</p>\n<p>Should Plug Power investors panic after Hyzon's announcement? Absolutely not. The competition may ramp up, but Plug Power has established itself as a leader in the fuel cell industry -- one that may not be so easy to unseat. Shareholders, however, should continue to closely monitor Hyzon Motors since the company hasn't proven that it could make good on its optimistic forecasts yet. And even if it does achieve its guidance, it's far from a guarantee that Plug Power won't be able to grab its own slice of the transportation industry market share.</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>Why Is Plug Power Stock Sinking Again on Tuesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Plug Power Stock Sinking Again on Tuesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 08:13 GMT+8 <a href=https://www.fool.com/investing/2021/07/13/why-is-plug-power-stock-sinking-again-on-tuesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors continue to take notice of a fuel cell competitor's growing momentum.\n\nKey Points\n\nA fuel cell vehicle manufacturer forecasts continued success in 2021 and into 2022.\n\nWhat happened\n...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/13/why-is-plug-power-stock-sinking-again-on-tuesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLUG":"普拉格能源"},"source_url":"https://www.fool.com/investing/2021/07/13/why-is-plug-power-stock-sinking-again-on-tuesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150580919","content_text":"Investors continue to take notice of a fuel cell competitor's growing momentum.\n\nKey Points\n\nA fuel cell vehicle manufacturer forecasts continued success in 2021 and into 2022.\n\nWhat happened\nExtending the 1.3% drop they suffered onMonday, shares ofPlug Power(NASDAQ:PLUG)are continuing to slide today. Similar to yesterday, Plug Power didn't report anything on Tuesday that led investors to hit the sell button. Instead, the stock's fall is likely a reaction to the positive news that a noteworthy fuel cell peer shared this morning. Paring back some of its losses on the day, Plug Power's stock, which had dipped as much as 4.7% at one point today, was down 3.9% as of 3:55 p.m. EDT.\nSo what\nThere's a new fuel cell name in town, Hyzon Motors, and investors focused on this niche of therenewable energyindustry are starting to take notice, adding it to their list of the usual fuel cell-oriented suspects:Ballard Power Systems,Bloom Energy, andFuelCell Energy. On track to merge with theSPACDecarbonization Plus Acquisition(NASDAQ:DCRB), Hyzon Motors brands itself as \"a global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, including heavy duty trucks, buses and coaches.\" And apparently, the company foresees good things happening in the rest of 2021 and into 2022.\nHyzon Motors reported today that it expects to achieve its 2021 sales guidance of $37 million. In addition, the company forecasts achieving its 2022 outlook as well, which includes revenue of $198 million and deliveries of 623 medium and heavy duty trucks. According to management, its optimism regarding the achieving of its 2022 forecast comes from the fact that the company's orders and non-binding memorandums of understanding have climbed to $83 million, representing an increase of over 100% from Feb. 12.\nNow what\nWhile supplying fuel cell modules for these sorts of vehicles isn't Plug Power's bread and butter, the company has its sights on this market. On the company'sQ4 2020 conference call, for example, Plug Power CEO Andy Marsh addressed the company's interest in this, stating, \"We do have discussions going on in the United States and elsewhere, especially with a focus on heavy-duty vehicles.\" Later in the call, Marsh estimated that in 2024, when the company expects to exceed $1 billion in revenue, the transportation market will play an important role, saying that he and the rest of management \"expect to be in the $500 million range and the rest will be involved in large-scale stationary [power] and on-road vehicles.\"\nShould Plug Power investors panic after Hyzon's announcement? Absolutely not. The competition may ramp up, but Plug Power has established itself as a leader in the fuel cell industry -- one that may not be so easy to unseat. Shareholders, however, should continue to closely monitor Hyzon Motors since the company hasn't proven that it could make good on its optimistic forecasts yet. And even if it does achieve its guidance, it's far from a guarantee that Plug Power won't be able to grab its own slice of the transportation industry market share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":899064865,"gmtCreate":1628143720557,"gmtModify":1633753165351,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Amazing","listText":"Amazing","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899064865","repostId":"1135557452","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177619772,"gmtCreate":1627207719296,"gmtModify":1633767157228,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Amazing stock","listText":"Amazing stock","text":"Amazing stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/177619772","repostId":"2153981075","repostType":4,"isVote":1,"tweetType":1,"viewCount":839,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154023018,"gmtCreate":1625461786034,"gmtModify":1633940441792,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154023018","repostId":"1166367632","repostType":2,"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899318606,"gmtCreate":1628159373805,"gmtModify":1633753072296,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Good solid share","listText":"Good solid share","text":"Good solid share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/899318606","repostId":"2156810549","repostType":4,"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177613039,"gmtCreate":1627207746121,"gmtModify":1633767157104,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"powerful","listText":"powerful","text":"powerful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177613039","repostId":"1112927800","repostType":4,"repost":{"id":"1112927800","kind":"news","pubTimestamp":1627089375,"share":"https://www.laohu8.com/m/news/1112927800?lang=&edition=full","pubTime":"2021-07-24 09:16","market":"us","language":"en","title":"Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1112927800","media":"seekingalpha","summary":"Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p","content":"<p><b>Summary</b></p>\n<ul>\n <li>Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.</li>\n <li>NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.</li>\n <li>NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f749c70c8a2af3e18d5f6cecc72bfbb\" tg-width=\"1536\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><span>ipopba/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>NIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.</p>\n<p><b>NIO And TSLA Stock Prices</b></p>\n<p>Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ff5ce865807df85283775d2293b41af\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Taking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.</p>\n<p><b>Is NIO Similar To Tesla?</b></p>\n<p>The answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:</p>\n<p><b>Business Model</b></p>\n<p>Both companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.</p>\n<p>Both companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.</p>\n<p><b>Size, growth, and valuation</b></p>\n<p>The two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.</p>\n<p>Tesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a986ea65130206f99961a46ce6cfed55\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Tesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.</p>\n<p>The same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).</p>\n<p>Looking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.</p>\n<p><b>Can NIO Be Worth As Much As Tesla?</b></p>\n<p>The answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).</p>\n<p>When we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.</p>\n<p>It should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.</p>\n<p><b>Is NIO A Good Stock To Buy Or Sell Now?</b></p>\n<p>When considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.</p>\n<p>One could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.</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>Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 09:16 GMT+8 <a href=https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112927800","content_text":"Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.\nNIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.\n\nipopba/iStock via Getty Images\nArticle Thesis\nNIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.\nNIO And TSLA Stock Prices\nBoth companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.\nData by YCharts\nTaking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.\nIs NIO Similar To Tesla?\nThe answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:\nBusiness Model\nBoth companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.\nBoth companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.\nSize, growth, and valuation\nThe two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.\nTesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:\nData by YCharts\nTesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.\nThe same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).\nLooking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.\nCan NIO Be Worth As Much As Tesla?\nThe answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).\nWhen we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.\nIt should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.\nIs NIO A Good Stock To Buy Or Sell Now?\nWhen considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.\nOne could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.","news_type":1},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154411163,"gmtCreate":1625538364952,"gmtModify":1633939849187,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154411163","repostId":"1123392624","repostType":4,"repost":{"id":"1123392624","kind":"news","pubTimestamp":1625531264,"share":"https://www.laohu8.com/m/news/1123392624?lang=&edition=full","pubTime":"2021-07-06 08:27","market":"us","language":"en","title":"Samsung Electronics Q2 profit likely up 38% on strong chip prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1123392624","media":"Reuters","summary":"Summary\n\nQ2 operating profit estimated at 11.3 trln won\nSurging chip prices, shipments boost profit\n","content":"<li>Summary</li>\n<ul>\n <li>Q2 operating profit estimated at 11.3 trln won</li>\n <li>Surging chip prices, shipments boost profit</li>\n <li>Revenue estimated up 15.4%</li>\n <li>Smartphones shipments likely fell on quarter</li>\n</ul>\n<p>SEOUL, July 6 (Reuters) - Samsung Electronics Co Ltd(005930.KS)likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres.</p>\n<p>Operating profit for the world's biggest memory chip and smartphone maker likely jumped to 11.3 trillion won ($10 billion), according to a Refinitiv SmartEstimate drawn from 20 analysts and weighted toward those who are more consistently accurate.</p>\n<p>The South Korean tech giant's strong performance - coming despite it shipping fewer smartphones than in January-March - underscores the stratospheric demand for chips that has depleted stockpiles and filled production capacity.</p>\n<p>The result would be up 20% from the first quarter and mark Samsung's highest operating income for the second quarter since 2018. Revenue likely rose 15.4%.</p>\n<p>Samsung is scheduled to announce preliminary second-quarter results on Wednesday.</p>\n<p>The company's chip division likely benefited from memory chip price hikes that exceeded market estimates, analysts said, while shipments grew as well.</p>\n<p>Prices of DRAM chips, widely used in servers, mobile phones and other computing devices, jumped 27% compared to the March quarter, while those of NAND flash chips that serve the data storage market rose 8.6%, according to research provider Trendforce.</p>\n<p>Profit also improved at Samsung's chip-contract manufacturing and logic chip design business, partly because operations at its storm-hit Texas factory returned to normal, analysts said.</p>\n<p>They estimated the chip division's operating profit in April-June rose about 22% from the year-earlier period to about 6.6 trillion won.</p>\n<p>Still, Samsung's smartphone shipments dropped to about 59 million in April-June from about 76 million in the first quarter, according to Shinyoung Investment & Securities, as sales slowed for its latest flagship model, launched in mid-January.</p>\n<p>Reduced demand from India, hard hit by the pandemic during the quarter, as well as tight supply for some mobile processor chips may also have affected shipments, analysts said, estimating the mobile business' operating profit at about 2.9 trillion won.</p>\n<p>($1 = 1,129.2800 won)</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>Samsung Electronics Q2 profit likely up 38% on strong chip prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSamsung Electronics Q2 profit likely up 38% on strong chip prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 08:27 GMT+8 <a href=https://www.reuters.com/business/retail-consumer/samsung-electronics-q2-profit-likely-up-38-strong-chip-prices-2021-07-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nQ2 operating profit estimated at 11.3 trln won\nSurging chip prices, shipments boost profit\nRevenue estimated up 15.4%\nSmartphones shipments likely fell on quarter\n\nSEOUL, July 6 (Reuters) - ...</p>\n\n<a href=\"https://www.reuters.com/business/retail-consumer/samsung-electronics-q2-profit-likely-up-38-strong-chip-prices-2021-07-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/business/retail-consumer/samsung-electronics-q2-profit-likely-up-38-strong-chip-prices-2021-07-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123392624","content_text":"Summary\n\nQ2 operating profit estimated at 11.3 trln won\nSurging chip prices, shipments boost profit\nRevenue estimated up 15.4%\nSmartphones shipments likely fell on quarter\n\nSEOUL, July 6 (Reuters) - Samsung Electronics Co Ltd(005930.KS)likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres.\nOperating profit for the world's biggest memory chip and smartphone maker likely jumped to 11.3 trillion won ($10 billion), according to a Refinitiv SmartEstimate drawn from 20 analysts and weighted toward those who are more consistently accurate.\nThe South Korean tech giant's strong performance - coming despite it shipping fewer smartphones than in January-March - underscores the stratospheric demand for chips that has depleted stockpiles and filled production capacity.\nThe result would be up 20% from the first quarter and mark Samsung's highest operating income for the second quarter since 2018. Revenue likely rose 15.4%.\nSamsung is scheduled to announce preliminary second-quarter results on Wednesday.\nThe company's chip division likely benefited from memory chip price hikes that exceeded market estimates, analysts said, while shipments grew as well.\nPrices of DRAM chips, widely used in servers, mobile phones and other computing devices, jumped 27% compared to the March quarter, while those of NAND flash chips that serve the data storage market rose 8.6%, according to research provider Trendforce.\nProfit also improved at Samsung's chip-contract manufacturing and logic chip design business, partly because operations at its storm-hit Texas factory returned to normal, analysts said.\nThey estimated the chip division's operating profit in April-June rose about 22% from the year-earlier period to about 6.6 trillion won.\nStill, Samsung's smartphone shipments dropped to about 59 million in April-June from about 76 million in the first quarter, according to Shinyoung Investment & Securities, as sales slowed for its latest flagship model, launched in mid-January.\nReduced demand from India, hard hit by the pandemic during the quarter, as well as tight supply for some mobile processor chips may also have affected shipments, analysts said, estimating the mobile business' operating profit at about 2.9 trillion won.\n($1 = 1,129.2800 won)","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152213008,"gmtCreate":1625295402304,"gmtModify":1633941630573,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"good tech ","listText":"good tech ","text":"good tech","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152213008","repostId":"1194221008","repostType":2,"repost":{"id":"1194221008","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":1625234351,"share":"https://www.laohu8.com/m/news/1194221008?lang=&edition=full","pubTime":"2021-07-02 21:59","market":"us","language":"en","title":"Big Tech stocks rose strongly in Friday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1194221008","media":"Tiger Newspress","summary":"Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than ","content":"<p>Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/452d0af25db876ccc77520ef433998ab\" tg-width=\"364\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech stocks rose strongly in Friday morning trading</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; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech stocks rose strongly in Friday morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-02 21:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/452d0af25db876ccc77520ef433998ab\" tg-width=\"364\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","MSFT":"微软","GOOG":"谷歌","NFLX":"奈飞","GOOGL":"谷歌A","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194221008","content_text":"Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173260727,"gmtCreate":1626662845069,"gmtModify":1633925124245,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"good stock in market","listText":"good stock in market","text":"good stock in 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","text":"potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173260262","repostId":"1131703652","repostType":4,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170075007,"gmtCreate":1626397784909,"gmtModify":1633927143561,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Amazing","listText":"Amazing","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170075007","repostId":"1121597228","repostType":4,"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899064765,"gmtCreate":1628143761257,"gmtModify":1633753165007,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"good news","listText":"good news","text":"good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899064765","repostId":"1109459574","repostType":4,"repost":{"id":"1109459574","kind":"news","pubTimestamp":1628142993,"share":"https://www.laohu8.com/m/news/1109459574?lang=&edition=full","pubTime":"2021-08-05 13:56","market":"us","language":"en","title":"7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover","url":"https://stock-news.laohu8.com/highlight/detail?id=1109459574","media":"InvestorPlace","summary":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and gr","content":"<p>Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2eb44424b42f94add678bc777f809c4\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"><span>Source: Shutterstock</span></p>\n<p>At the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by <i>Harvard Business School</i>, two months into the pandemic,40% of American restaurants were closed and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.</p>\n<p>However, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.</p>\n<p>Energy stocks have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.</p>\n<ul>\n <li><b>Brinker International, Inc.</b>(NYSE:<b><u>EAT</u></b>)</li>\n <li><b>Cheesecake Factory Inc</b>(NASDAQ:<b><u>CAKE</u></b>)</li>\n <li><b>Darden Restaurants, Inc.</b>(NYSE:<b><u>DRI</u></b>)</li>\n <li><b>Denny’s Corp</b>(NASDAQ:<b><u>DENN</u></b>)</li>\n <li><b>Ruth’s Hospitality Group, Inc.</b>(NASDAQ:<b><u>RUTH</u></b>)</li>\n <li><b>Shake Shack Inc</b>(NYSE:<b><u>SHAK</u></b>)</li>\n <li><b>Starbucks Corporation</b>(NASDAQ:<b><u>SBUX</u></b>)</li>\n</ul>\n<p>While times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.</p>\n<p><b>Brinker International (EAT)</b></p>\n<p>Brinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.</p>\n<p>As the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker reported revenue down slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.</p>\n<p>That price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.</p>\n<p>At the time of publication, EAT stock was rated “B” in <i>Portfolio Grader</i>.</p>\n<p><b>Cheesecake Factory (CAKE)</b></p>\n<p>Casual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.</p>\n<p>After plunging last February, CAKE stock rallied, but then the company ran into an Securities and Exchange Commission investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.</p>\n<p>The company reported its second-quarter 2021 earnings in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.</p>\n<p>The <i>Portfolio Grader</i> rating for CAKE stock is currently “B.”</p>\n<p><b>Darden Restaurants (DRI)</b></p>\n<p>Darden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.</p>\n<p>Darden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.</p>\n<p>Darden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.</p>\n<p>DRI stock currently earns a “B” rating in <i>Portfolio Grader</i>.</p>\n<p><b>Denny’s (DENN)</b></p>\n<p>With a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of chains most likely to fail.</p>\n<p>Denny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.</p>\n<p>At the time of publication, DENN stock was rated “B” in <i>Portfolio Grader</i>.</p>\n<p><b>Ruth’s Hospitality Group (RUTH)</b></p>\n<p>The pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.</p>\n<p>The company was forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up returning the money after public backlash.</p>\n<p>Today, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.</p>\n<p>The current<i>Portfolio Grader</i> rating for RUTH stock is “B.”</p>\n<p><b>Shake Shack (SHAK)</b></p>\n<p>Just like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.</p>\n<p>However, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.</p>\n<p>Currently trading at just over $100, SHAK stock is up 12% so far in 2021.</p>\n<p>SHAK stock currently rates a “B” in <i>Portfolio Grader</i>.</p>\n<p><b>Starbucks (SBUX)</b></p>\n<p>Finally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.</p>\n<p>In its first full quarter of the pandemic in 2020, the company said it had lost $3.2 billion in sales as a result.</p>\n<p>It seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.</p>\n<p>After a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.</p>\n<p>The current rating for SVUX stock in <i>Portfolio Grader</i>is “B.”</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>7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 13:56 GMT+8 <a href=https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as ...</p>\n\n<a href=\"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHAK":"Shake Shack Inc","DENN":"丹尼斯","RUTH":"鲁斯集团","EAT":"布林克国际","DRI":"达登饭店","CAKE":"芝乐坊餐馆","SBUX":"星巴克"},"source_url":"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109459574","content_text":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by Harvard Business School, two months into the pandemic,40% of American restaurants were closed and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.\nHowever, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.\nEnergy stocks have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.\n\nBrinker International, Inc.(NYSE:EAT)\nCheesecake Factory Inc(NASDAQ:CAKE)\nDarden Restaurants, Inc.(NYSE:DRI)\nDenny’s Corp(NASDAQ:DENN)\nRuth’s Hospitality Group, Inc.(NASDAQ:RUTH)\nShake Shack Inc(NYSE:SHAK)\nStarbucks Corporation(NASDAQ:SBUX)\n\nWhile times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.\nBrinker International (EAT)\nBrinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.\nAs the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker reported revenue down slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.\nThat price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.\nAt the time of publication, EAT stock was rated “B” in Portfolio Grader.\nCheesecake Factory (CAKE)\nCasual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.\nAfter plunging last February, CAKE stock rallied, but then the company ran into an Securities and Exchange Commission investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.\nThe company reported its second-quarter 2021 earnings in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.\nThe Portfolio Grader rating for CAKE stock is currently “B.”\nDarden Restaurants (DRI)\nDarden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.\nDarden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.\nDarden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.\nDRI stock currently earns a “B” rating in Portfolio Grader.\nDenny’s (DENN)\nWith a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of chains most likely to fail.\nDenny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.\nAt the time of publication, DENN stock was rated “B” in Portfolio Grader.\nRuth’s Hospitality Group (RUTH)\nThe pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.\nThe company was forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up returning the money after public backlash.\nToday, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.\nThe currentPortfolio Grader rating for RUTH stock is “B.”\nShake Shack (SHAK)\nJust like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.\nHowever, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.\nCurrently trading at just over $100, SHAK stock is up 12% so far in 2021.\nSHAK stock currently rates a “B” in Portfolio Grader.\nStarbucks (SBUX)\nFinally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.\nIn its first full quarter of the pandemic in 2020, the company said it had lost $3.2 billion in sales as a result.\nIt seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.\nAfter a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.\nThe current rating for SVUX stock in Portfolio Graderis “B.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890094310,"gmtCreate":1628064896330,"gmtModify":1633753920735,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amzing","listText":"amzing","text":"amzing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890094310","repostId":"2156617291","repostType":4,"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176634288,"gmtCreate":1626879216444,"gmtModify":1633770141720,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176634288","repostId":"1107219983","repostType":4,"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146985016,"gmtCreate":1626049667836,"gmtModify":1633930710873,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Amazing ","listText":"Amazing ","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146985016","repostId":"1195393984","repostType":4,"repost":{"id":"1195393984","kind":"news","pubTimestamp":1626047328,"share":"https://www.laohu8.com/m/news/1195393984?lang=&edition=full","pubTime":"2021-07-12 07:48","market":"us","language":"en","title":"The bull market in stocks may last up to five years — here are six reasons why","url":"https://stock-news.laohu8.com/highlight/detail?id=1195393984","media":"MarketWatch","summary":"The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support","content":"<blockquote>\n <b>The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support.</b>\n</blockquote>\n<p>When the stock market sells off, as it did Thursday, the right move was to buy your favorite stocks. Friday’s market action proved that.</p>\n<p>It’s true that there could be a correction, given the already sizable 17% gain in the S&P 500 IndexSPX,+1.13%this year. But you should buy then, too.</p>\n<p>Here’s why.</p>\n<p>We are still only in the early stages of what is going to be a three- to five-year bull market in stocks, for these six reasons.</p>\n<p><b>1. There’s tremendous pent-up demand</b></p>\n<p>Everyone is looking to the Federal Reserve for cues about stimulus. They are overlooking private-sector forces that will push stocks higher. To sum up, there’s huge pent-up private-sector demand that will help propel U.S. GDP growth to 8% this year and 3.5%-4.5% for years after that. The pent-up demand comes from the following sources, points out Jim Paulsen, chief strategist and economist at the Leuthold Group.</p>\n<p>First, there’s been a surge in household formation, as millennials hit the family years. This helps explain the big uptick in home demand. Once you buy a house, you have to fill it up with stuff. More consumer demand on the way.</p>\n<p>Behind the scenes, consumers have massive unspent savings because they hunkered down for the pandemic. The personal savings rate hit nearly 16% of GDP, compared to a post war average of 6.5%. The prior high was 10% in 1970s.</p>\n<p>Relatedly, household balance sheets improved remarkably. Debt-to-income ratios are the lowest since the 1990s. Consumers will continue to tap more bank loans and credit card capacity, as their confidence increases because employment and the economy remain strong.</p>\n<p>Next, there will be plenty more newly employed people once the extra unemployment benefits expire in September. This means consumer confidence will improve, which invariably boosts economic growth. The labor participation rate has room to improve, leaving spare employment capacity before we hit the full employment that can cap economic growth.</p>\n<p>Now let’s look at the pent-up demand in businesses.</p>\n<p>You know all the shortages of stuff you keep running into or hearing about? Here’s why this is happening. To prepare for a prolonged epidemic, businesses cut inventories to the bone. It was the biggest inventory liquidation ever. But now, companies have to build back inventories. The ongoing inventory rebuild will be huge.</p>\n<p>Companies also cut capacity, which they are building out again. Capital goods spending surged to record highs in the past year, advancing almost 23%, after being essentially flat for most of the prior two decades. This creates sustained growth, and it tells us a lot about business confidence.</p>\n<p><b>The bottom line</b>: We will see 7%-8% GDP growth this year, followed by 4%-4.5% next year and above average growth after that, supporting a sustained bull market in stocks. Expect the normal corrections along the way.</p>\n<p><b>2. An under-appreciated earnings boom lies ahead</b></p>\n<p>The economic rebound has happened so quickly, analysts can’t keep up. Wall Street analysts project $190 a share in S&P 500 earnings this year. But that is woefully low given the expected 7%-8% GDP growth and massive stimulus that has yet to kick in. Stimulus normally takes six to eight months to take effect, and a lot of the recent dollops happened inside that window.</p>\n<p>Paulsen expects 2021 S&P 500 earnings will be more like $220 instead of the consensus estimate of $190.</p>\n<p>“Analysts are still under-appreciating how much profits have improved and how much they will improve,” says Paulsen. “We had dramatic overreaction from policy officials. They addressed the collapse, but created a massive improvement in fundamentals. This is still playing out in terms of the recovery in profits.”</p>\n<p>Plus, more fiscal stimulus is probably on the way, in the form of infrastructure spending.</p>\n<p><b>3. There’s a new Fed in town</b></p>\n<p>For much of the past three decades, the Fed has been quick to tighten its policy to ward off inflation. The central bank killed off growth in the process. That’s one reason why the past 20 years posted the slowest growth in the post-war era. Now, though, the Fed is much more accommodative and this may likely persist because inflation will remain sluggish (more on this, below).</p>\n<p>Here’s a simple gauge to measure this. Take GDP growth and subtract the yield on 10-year TreasuriesTMUBMUSD10Y,1.359%.This gauge was negative for much of 1980-2010, when the Fed kept growth cool to contain inflation. Now, though, Fed policy is helping to keep 10-year yields well below GDP growth, which allows the economy to run hot. This was the state of affairs during 1950-1965, which some analysts call “the golden age of capitalism” because of the glide path in growth.</p>\n<p><b>4. Inflation won’t kill the bull</b></p>\n<p>Inflation may rise near term because the economy is so hot. But medium term, the inflation slayers will win out. Here’s a roundup. The population is aging, and older people spend less. The boom in business capital spending will continue to boost productivity at companies. This allows them to avoid passing along rising costs to customers. Global trade and competition have not gone away. This puts downward pressure on prices since goods can be made more cheaply in many foreign countries. Ongoing technological advances continually put downward pressure on tech products.</p>\n<p><b>5. Valuations will improve</b></p>\n<p>We’re now at the phase in the economic rebound where the following dynamic typically plays out. Stocks trade sideways for months, mostly because of worries about inflation and rising bond yields. All the while, the economy and earnings continue to grow, bringing down stock valuations. This dynamic played out at about this point in prior economic rebounds during 1983-84, 1993-94, 2004-05 and 2009-10. In short, we will see a big surge in earnings while the stock market marks time, or even corrects.</p>\n<p>This will reset stock valuations lower, removing one of the chief concerns among investors — high valuations. If S&P 500 earnings hit $220 by the end of the year and the index is at 4,000 to 4,100 points because of a correction, stocks will be at an 18-19 price earnings ratio — below the average since 1990.</p>\n<p>True to form, the Dow Jones Industrial AverageDJIA,+1.30%and the Russell 2000RUT,+2.17%small-cap index have traded sideways for two to four months. The S&P 500 and NasdaqCOMP,+0.98%recently broke out of trading ranges, but a bigger pullback would send them back into sideways action mode.</p>\n<p><b>6. Sentiment isn’t extreme</b></p>\n<p>As a contrarian, I look for excessive sentiment as a sign that it’s time to raise some cash. We don’t see that yet. A simple gauge to follow is the Investors Intelligence Bull/Bear ratio. It recently came in at 3.92. That’s near the warning path, which for me starts at 4. On the other hand, mutual fund cash was recently at $4.6 trillion, near historical highs. This represents caution among investors.</p>\n<p><b>Three themes to follow</b></p>\n<p>If we are in store for a sustained economic recovery and a multi-year bull market in stocks, it will pay to follow these three themes.</p>\n<p><b>Favor cyclicals.</b>Stay with economically sensitive businesses and add to your holdings in them on pullbacks. This means cyclical companies in areas like financials, materials, industrials and consumer discretionary businesses.</p>\n<p><b>Avoid defensives.</b>If you want yield, go with stocks that pay a dividend but also have capital appreciation potential — not steady growth companies selling stuff like consumer staples. On this theme, in my stock letter Brush Up on Stocks (the link is in bio, below) I’ve recently suggested or reiterated Home DepotHD,+1.11%in retail, B. Riley FinancialRILY,+1.44%,a markets and investment banking name, and Regional ManagementRM,+3.31%in consumer finance.</p>\n<p><b>Favor emerging markets.</b>Their growth tends to be higher during expansions. Just be careful with China. It has an aging population. Limited workforce growth may constrain economic growth. Another challenge is that ongoing U.S.-China tensions and the related threat of persistent tariffs and trade barriers have global companies relocating supply chains elsewhere.</p>\n<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>The bull market in stocks may last up to five years — here are six reasons why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe bull market in stocks may last up to five years — here are six reasons why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 07:48 GMT+8 <a href=https://www.marketwatch.com/story/the-bull-market-in-stocks-may-last-up-to-five-years-here-are-six-reasons-why-11625842781><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support.\n\nWhen the stock market sells off, as it did Thursday, the right move was to buy your favorite ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-bull-market-in-stocks-may-last-up-to-five-years-here-are-six-reasons-why-11625842781\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/the-bull-market-in-stocks-may-last-up-to-five-years-here-are-six-reasons-why-11625842781","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195393984","content_text":"The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support.\n\nWhen the stock market sells off, as it did Thursday, the right move was to buy your favorite stocks. Friday’s market action proved that.\nIt’s true that there could be a correction, given the already sizable 17% gain in the S&P 500 IndexSPX,+1.13%this year. But you should buy then, too.\nHere’s why.\nWe are still only in the early stages of what is going to be a three- to five-year bull market in stocks, for these six reasons.\n1. There’s tremendous pent-up demand\nEveryone is looking to the Federal Reserve for cues about stimulus. They are overlooking private-sector forces that will push stocks higher. To sum up, there’s huge pent-up private-sector demand that will help propel U.S. GDP growth to 8% this year and 3.5%-4.5% for years after that. The pent-up demand comes from the following sources, points out Jim Paulsen, chief strategist and economist at the Leuthold Group.\nFirst, there’s been a surge in household formation, as millennials hit the family years. This helps explain the big uptick in home demand. Once you buy a house, you have to fill it up with stuff. More consumer demand on the way.\nBehind the scenes, consumers have massive unspent savings because they hunkered down for the pandemic. The personal savings rate hit nearly 16% of GDP, compared to a post war average of 6.5%. The prior high was 10% in 1970s.\nRelatedly, household balance sheets improved remarkably. Debt-to-income ratios are the lowest since the 1990s. Consumers will continue to tap more bank loans and credit card capacity, as their confidence increases because employment and the economy remain strong.\nNext, there will be plenty more newly employed people once the extra unemployment benefits expire in September. This means consumer confidence will improve, which invariably boosts economic growth. The labor participation rate has room to improve, leaving spare employment capacity before we hit the full employment that can cap economic growth.\nNow let’s look at the pent-up demand in businesses.\nYou know all the shortages of stuff you keep running into or hearing about? Here’s why this is happening. To prepare for a prolonged epidemic, businesses cut inventories to the bone. It was the biggest inventory liquidation ever. But now, companies have to build back inventories. The ongoing inventory rebuild will be huge.\nCompanies also cut capacity, which they are building out again. Capital goods spending surged to record highs in the past year, advancing almost 23%, after being essentially flat for most of the prior two decades. This creates sustained growth, and it tells us a lot about business confidence.\nThe bottom line: We will see 7%-8% GDP growth this year, followed by 4%-4.5% next year and above average growth after that, supporting a sustained bull market in stocks. Expect the normal corrections along the way.\n2. An under-appreciated earnings boom lies ahead\nThe economic rebound has happened so quickly, analysts can’t keep up. Wall Street analysts project $190 a share in S&P 500 earnings this year. But that is woefully low given the expected 7%-8% GDP growth and massive stimulus that has yet to kick in. Stimulus normally takes six to eight months to take effect, and a lot of the recent dollops happened inside that window.\nPaulsen expects 2021 S&P 500 earnings will be more like $220 instead of the consensus estimate of $190.\n“Analysts are still under-appreciating how much profits have improved and how much they will improve,” says Paulsen. “We had dramatic overreaction from policy officials. They addressed the collapse, but created a massive improvement in fundamentals. This is still playing out in terms of the recovery in profits.”\nPlus, more fiscal stimulus is probably on the way, in the form of infrastructure spending.\n3. There’s a new Fed in town\nFor much of the past three decades, the Fed has been quick to tighten its policy to ward off inflation. The central bank killed off growth in the process. That’s one reason why the past 20 years posted the slowest growth in the post-war era. Now, though, the Fed is much more accommodative and this may likely persist because inflation will remain sluggish (more on this, below).\nHere’s a simple gauge to measure this. Take GDP growth and subtract the yield on 10-year TreasuriesTMUBMUSD10Y,1.359%.This gauge was negative for much of 1980-2010, when the Fed kept growth cool to contain inflation. Now, though, Fed policy is helping to keep 10-year yields well below GDP growth, which allows the economy to run hot. This was the state of affairs during 1950-1965, which some analysts call “the golden age of capitalism” because of the glide path in growth.\n4. Inflation won’t kill the bull\nInflation may rise near term because the economy is so hot. But medium term, the inflation slayers will win out. Here’s a roundup. The population is aging, and older people spend less. The boom in business capital spending will continue to boost productivity at companies. This allows them to avoid passing along rising costs to customers. Global trade and competition have not gone away. This puts downward pressure on prices since goods can be made more cheaply in many foreign countries. Ongoing technological advances continually put downward pressure on tech products.\n5. Valuations will improve\nWe’re now at the phase in the economic rebound where the following dynamic typically plays out. Stocks trade sideways for months, mostly because of worries about inflation and rising bond yields. All the while, the economy and earnings continue to grow, bringing down stock valuations. This dynamic played out at about this point in prior economic rebounds during 1983-84, 1993-94, 2004-05 and 2009-10. In short, we will see a big surge in earnings while the stock market marks time, or even corrects.\nThis will reset stock valuations lower, removing one of the chief concerns among investors — high valuations. If S&P 500 earnings hit $220 by the end of the year and the index is at 4,000 to 4,100 points because of a correction, stocks will be at an 18-19 price earnings ratio — below the average since 1990.\nTrue to form, the Dow Jones Industrial AverageDJIA,+1.30%and the Russell 2000RUT,+2.17%small-cap index have traded sideways for two to four months. The S&P 500 and NasdaqCOMP,+0.98%recently broke out of trading ranges, but a bigger pullback would send them back into sideways action mode.\n6. Sentiment isn’t extreme\nAs a contrarian, I look for excessive sentiment as a sign that it’s time to raise some cash. We don’t see that yet. A simple gauge to follow is the Investors Intelligence Bull/Bear ratio. It recently came in at 3.92. That’s near the warning path, which for me starts at 4. On the other hand, mutual fund cash was recently at $4.6 trillion, near historical highs. This represents caution among investors.\nThree themes to follow\nIf we are in store for a sustained economic recovery and a multi-year bull market in stocks, it will pay to follow these three themes.\nFavor cyclicals.Stay with economically sensitive businesses and add to your holdings in them on pullbacks. This means cyclical companies in areas like financials, materials, industrials and consumer discretionary businesses.\nAvoid defensives.If you want yield, go with stocks that pay a dividend but also have capital appreciation potential — not steady growth companies selling stuff like consumer staples. On this theme, in my stock letter Brush Up on Stocks (the link is in bio, below) I’ve recently suggested or reiterated Home DepotHD,+1.11%in retail, B. Riley FinancialRILY,+1.44%,a markets and investment banking name, and Regional ManagementRM,+3.31%in consumer finance.\nFavor emerging markets.Their growth tends to be higher during expansions. Just be careful with China. It has an aging population. Limited workforce growth may constrain economic growth. Another challenge is that ongoing U.S.-China tensions and the related threat of persistent tariffs and trade barriers have global companies relocating supply chains elsewhere.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155988769,"gmtCreate":1625369390751,"gmtModify":1633941187827,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"Tech sector market on the way","listText":"Tech sector market on the way","text":"Tech sector market on the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/155988769","repostId":"1194221008","repostType":2,"repost":{"id":"1194221008","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":1625234351,"share":"https://www.laohu8.com/m/news/1194221008?lang=&edition=full","pubTime":"2021-07-02 21:59","market":"us","language":"en","title":"Big Tech stocks rose strongly in Friday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1194221008","media":"Tiger Newspress","summary":"Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than ","content":"<p>Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/452d0af25db876ccc77520ef433998ab\" tg-width=\"364\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech stocks rose strongly in Friday morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech stocks rose strongly in Friday morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-02 21:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/452d0af25db876ccc77520ef433998ab\" tg-width=\"364\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","MSFT":"微软","GOOG":"谷歌","NFLX":"奈飞","GOOGL":"谷歌A","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194221008","content_text":"Big Tech stocks rose strongly in Friday morning trading.Apple,Microsoft and Google surged more than 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817780207,"gmtCreate":1630988403009,"gmtModify":1631888593773,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/8K7.SI\">$UG HEALTHCARE CORPORATION LTD(8K7.SI)$</a>no potential very risk ","listText":"<a href=\"https://laohu8.com/S/8K7.SI\">$UG HEALTHCARE CORPORATION LTD(8K7.SI)$</a>no potential very risk ","text":"$UG HEALTHCARE CORPORATION LTD(8K7.SI)$no potential very risk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817780207","isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831579658,"gmtCreate":1629337759574,"gmtModify":1633685579314,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831579658","repostId":"1112939442","repostType":4,"isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891223214,"gmtCreate":1628393070038,"gmtModify":1633747413221,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/891223214","repostId":"1180529438","repostType":4,"repost":{"id":"1180529438","kind":"news","pubTimestamp":1628386129,"share":"https://www.laohu8.com/m/news/1180529438?lang=&edition=full","pubTime":"2021-08-08 09:28","market":"us","language":"en","title":"SEC Moves First DeFi Unregistered Securities Lawsuit","url":"https://stock-news.laohu8.com/highlight/detail?id=1180529438","media":"Benzinga","summary":"The United States Securities and Exchange Commission sued the organization responsible for the development of a decentralized finance protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported","content":"<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.</p>\n<p><b>What Happened:</b> According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.</p>\n<p>The SEC notes that Blockchain Credit Partners founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial the accusations.</p>\n<p><b>New Game, Old Rules?</b></p>\n<p>SEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.</p>\n<p>The SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.</p>\n<p>In a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.</p>\n<p><b>What's Next:</b>If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force <b>Ethereum's</b> (CRYPTO: ETH) core development team to write an update stopping such a project?</p>\n<p>If the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away between their fingers like sand, and they are going to try to grab it.</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>SEC Moves First DeFi Unregistered Securities Lawsuit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC Moves First DeFi Unregistered Securities Lawsuit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-08 09:28 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180529438","content_text":"The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.\nWhat Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.\nThe SEC notes that Blockchain Credit Partners founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial the accusations.\nNew Game, Old Rules?\nSEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.\nThe SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.\nIn a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.\nWhat's Next:If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force Ethereum's (CRYPTO: ETH) core development team to write an update stopping such a project?\nIf the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away between their fingers like sand, and they are going to try to grab it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805755319,"gmtCreate":1627909319431,"gmtModify":1633755405022,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805755319","repostId":"2156864192","repostType":4,"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174836102,"gmtCreate":1627089736906,"gmtModify":1633768117743,"author":{"id":"4087685411789360","authorId":"4087685411789360","name":"Des123","avatar":"https://static.tigerbbs.com/ba7602b4b7e3538c8a7d687463663003","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087685411789360","authorIdStr":"4087685411789360"},"themes":[],"htmlText":"amazing","listText":"amazing","text":"amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174836102","repostId":"2153980423","repostType":4,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}