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2021-09-26

Pls like

5 Top Consumer Stocks To Watch Ahead Of October 2021<blockquote>2021年10月之前值得关注的5只顶级消费股</blockquote>

2021-09-15

$Byd Company Limited(002594)$small gain

2021-09-10

Pls like

White House Will Announce Drug-Pricing Plan, WSJ Says. Pharma Stocks Are Down.<blockquote>《华尔街日报》称，白宫将宣布药品定价计划。医药股下跌。</blockquote>

2021-09-18

I tot the new rugular is benefit NIo whom is establish the personal data control.. only afftect small ev company

2021-08-24

$NIO Inc.(NIO)$good and strong mometum.

2021-11-23

Adjusted net profit is improved. But operating profit is lower than last year.. what are the major item adjusted

XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.<blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote>

2021-08-15

Traditional car automaker will need to go thru change in their previous investment in petrol production line to EV production line.. huge investment loss to write off.. hence the speed of EV plan is slow.

How to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比，如何评估蔚来股票的价值</blockquote>

2021-12-01

$SINGAPORE EXCHANGE LIMITED(S68.SI)$oversold

2021-08-18

Order book can last for next few year peoductiion. Must lool for open new production factory

抱歉，原内容已删除

2021-08-14

High risk high return

抱歉，原内容已删除

2021-12-13

Like

Bull Run Enters Late Cycle<blockquote>牛市进入后期周期</blockquote>

2021-09-06

$ChargePoint Holdings Inc.(CHPT)$no hope

2021-11-02

Good

抱歉，原内容已删除

2021-11-01

Like

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2021-10-31

$SINGAPORE AIRLINES LTD(C6L.SI)$is time now

2021-09-17

$Byd Company Limited(002594)$today sure rebound

2021-08-25

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$good stock

2021-08-20

Shortage in chip supply

Get used to high car prices: Auto production isn't returning to normal<blockquote>习惯高车价：汽车生产尚未恢复正常</blockquote>

2021-12-03

Like

抱歉，原内容已删除

2021-10-19

Risky

Tesla and 15 Other EV Stocks Are Worth Almost as Much as 50 Traditional Car Makers. How That Makes Sense.<blockquote>特斯拉和其他15只电动汽车股票的价值几乎相当于50家传统汽车制造商的价值。这怎么说得通。</blockquote>

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mes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604694157","repostId":"1169099899","repostType":2,"repost":{"id":"1169099899","kind":"news","pubTimestamp":1639367858,"share":"https://www.laohu8.com/m/news/1169099899?lang=zh_CN&edition=full","pubTime":"2021-12-13 11:57","market":"us","language":"en","title":"Bull Run Enters Late Cycle<blockquote>牛市进入后期周期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169099899","media":"Seeking Alpha","summary":"Summary\n\nThe short-term correction has probably not ended yet.\nMacroeconomic indicators signal furth","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>The short-term correction has probably not ended yet.</li>  <li>Macroeconomic indicators signal further upside for stocks despite short-term correction potential.</li>  <li>The Fed could face tough challenges with its loose monetary stance sooner than many expect.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35de74b68a683fda3b95d3fd873bc678\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>MundusImages/E+ via Getty Images</span></p><p><blockquote><ul><li>短期回调很可能还没有结束。</li><li>尽管短期存在回调潜力，但宏观经济指标表明股市将进一步上涨。</li><li>美联储可能会比许多人预期更快地面临宽松货币立场的严峻挑战。</li></ul><p class=\"t-img-caption\"><span>MundusImages/E+来自Getty Images</span></p></blockquote></p><p> The business cycle is maturing but has not ended yet. It is probably entering the late-cycle stage, according to Stouff capital's estimates. Their US Long-Term Macro Index gauge reached the 90% threshold, an early indicator for economic recessions. That's relevant because recessions had a perfect track record for bear markets in stocks. Every NBER recession in the past 170 involved a bear market in US stocks.</p><p><blockquote>商业周期正在成熟，但尚未结束。根据Stouff capital的估计，它可能正在进入周期后期阶段。他们的美国长期宏观指数指标达到了90%的阈值，这是经济衰退的早期指标。这是相关的，因为经济衰退对于股市熊市来说有着完美的记录。过去170年的每一次NBER衰退都涉及美国股市的熊市。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/631eab7d5b7d2c62994d942fc86cdcfc\" tg-width=\"640\" tg-height=\"511\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, Stouff Capital)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Refinitiv、Stouff Capital）</span></p></blockquote></p><p> Nonetheless, entering the late stage of the business cycle does not imply that equities are in a bear market. On the contrary, equities developed positively during the late stage of the business cycle during the past century. The recession stage of the business cycle is the time window that investors want to avoid if they believe in statistical evidence. Other leading indicators, which have been reliable historically, do not signal an imminent recession yet. The labor market has been constructive until the last report. Moreover, the conference board Leading Economic Index (LEI) marked an all-time high on its latest reading. Historically, the labor market and the LEI reached their cycle peak several months ahead of the economy. Most often, both indices peaked even ahead of the US stock market before the US economy went into recession. Likewise, the yield curve is not flashing recessionary signals yet. Historically, it inverted shortly before a recession arrived and was also a leading indicator for cyclical stock market highs. That's neither the case today.</p><p><blockquote>尽管如此，进入商业周期后期并不意味着股市处于熊市。相反，股票在上个世纪商业周期的后期发展积极。如果投资者相信统计证据，商业周期的衰退阶段是他们想要避开的时间窗口。历史上可靠的其他领先指标尚未表明经济衰退即将来临。在上次报告之前，劳动力市场一直是建设性的。此外，世界大型企业联合会领先经济指数（LEI）的最新读数创下历史新高。从历史上看，劳动力市场和LEI比经济提前几个月达到周期峰值。大多数情况下，在美国经济陷入衰退之前，这两个指数甚至先于美国股市见顶。同样，收益率曲线尚未闪烁衰退信号。从历史上看，它在经济衰退到来前不久反转，也是周期性股市高点的领先指标。今天的情况也不是这样。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9fed5b5760550aa77356656aee41f1d0\" tg-width=\"640\" tg-height=\"379\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> However, equities corrected 5%-10% from their most recent highs into early December. The drop was not surprising because the market was running hot, as explained in our&nbsp;mid-November article&nbsp;here on Seeking Alpha. Sentiment and technical indicators signaled an imminent 5%-10% correction. Nonetheless, the correction is probably not finished short term. Some more weakness remains the base case during the next couple of weeks.</p><p><blockquote>然而，截至12月初，股市从近期高点回调了5%-10%。正如我们在11月中旬关于Seeking Alpha的文章中所解释的那样，下跌并不令人意外，因为市场正在火热。情绪和技术指标表明即将出现5%-10%的回调。尽管如此，调整可能不会在短期内完成。在接下来的几周里，更多的疲软仍然是基本情况。</blockquote></p><p> Moreover, there is something peculiar about the current cycle. It is unfolding at an unprecedented speed. Therefore, the late-cycle stage may surprise many by not lasting as long as it usually does. Further, the current environment might prove extraordinarily challenging for central banks as inflation increases rapidly. The chart above shows that European purchasing prices are more than 20% higher versus last year. That's the steepest increase of the index since the '70s. The '70s were the latest period that recorded double-digit inflation after the breakup of the Bretton-Woods exchange-rate system. Inflation pressure is also mounting in the United States as well. Not only do goods become expensive due to supply shortages, but services also joined the party lately. The development is a problem for central banks as they have no effective tools against supply-side shortages. Consequently, we are unlikely to witness monetary easing short-term. That has been a headwind for equities in recent years. Yet again, that's not a hit-and-run event and we are not there yet. Historically, equities reached their cyclical high typically well after the initial rate hike.</p><p><blockquote>此外，当前的周期还有一些奇特之处。它正以前所未有的速度展开。因此，周期后期可能会让许多人感到惊讶，因为它不会像通常那样持续很长时间。此外，随着通胀迅速上升，当前环境对央行来说可能极具挑战性。上图显示，欧洲的采购价格比去年上涨了20%以上。这是该指数自70年代以来的最大涨幅。70年代是布雷顿森林汇率体系解体后最近一个出现两位数通胀的时期。美国的通胀压力也在加大。由于供应短缺，不仅商品变得昂贵，服务最近也加入了这一行列。这一发展对央行来说是一个问题，因为它们没有有效的工具来应对供应方短缺。因此，我们不太可能在短期内看到货币宽松。近年来，这一直是股市的阻力。再说一次，这不是肇事逃逸事件，我们还没有到那一步。从历史上看，股市通常在首次加息后很久就会达到周期性高点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfdb33a6b0c068438eae297a0bd32d1d\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> Technicals support the macro evidence outlined above. Most of the major indices probably unfolded bearish Elliot waves from their November highs. The S&amp;P 500 counts best as an extending leading diagonal into the December 6th low. That's a signal that the short-term correction may not be over yet. The pattern will probably morph into a three-wave corrective leg towards 4250-4390 instead.</p><p><blockquote>技术面支持上述宏观证据。大多数主要指数可能从11月高点展开看跌艾略特波浪。标普500最好被视为延伸到12月6日低点的领先对角线。这是一个信号，表明短期调整可能尚未结束。相反，该形态可能会演变为朝向4250-4390的三浪修正腿。</blockquote></p><p></p><p> All in all, there is potential for more damage short term. Technical evidence hints at another attack at the 4390 S/R before seeing the next sustainable leg up. Time will tell if it is the last leg up before the cycle ends. Some of the macro indicators discussed above will probably provide further hints before things turn sour. The bottom line is that the bull trend is most likely intact despite further short-term correction potential.</p><p><blockquote>总而言之，短期内有可能造成更多损害。技术证据暗示，在看到下一次可持续上涨之前，4390 S/R将再次受到攻击。时间会证明这是否是周期结束前的最后一次上涨。上面讨论的一些宏观指标可能会在事情变糟之前提供进一步的暗示。最重要的是，尽管短期内有进一步回调的潜力，但牛市趋势很可能完好无损。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bull Run Enters Late Cycle<blockquote>牛市进入后期周期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBull Run Enters Late Cycle<blockquote>牛市进入后期周期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-13 11:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>The short-term correction has probably not ended yet.</li>  <li>Macroeconomic indicators signal further upside for stocks despite short-term correction potential.</li>  <li>The Fed could face tough challenges with its loose monetary stance sooner than many expect.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35de74b68a683fda3b95d3fd873bc678\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>MundusImages/E+ via Getty Images</span></p><p><blockquote><ul><li>短期回调很可能还没有结束。</li><li>尽管短期存在回调潜力，但宏观经济指标表明股市将进一步上涨。</li><li>美联储可能会比许多人预期更快地面临宽松货币立场的严峻挑战。</li></ul><p class=\"t-img-caption\"><span>MundusImages/E+来自Getty Images</span></p></blockquote></p><p> The business cycle is maturing but has not ended yet. It is probably entering the late-cycle stage, according to Stouff capital's estimates. Their US Long-Term Macro Index gauge reached the 90% threshold, an early indicator for economic recessions. That's relevant because recessions had a perfect track record for bear markets in stocks. Every NBER recession in the past 170 involved a bear market in US stocks.</p><p><blockquote>商业周期正在成熟，但尚未结束。根据Stouff capital的估计，它可能正在进入周期后期阶段。他们的美国长期宏观指数指标达到了90%的阈值，这是经济衰退的早期指标。这是相关的，因为经济衰退对于股市熊市来说有着完美的记录。过去170年的每一次NBER衰退都涉及美国股市的熊市。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/631eab7d5b7d2c62994d942fc86cdcfc\" tg-width=\"640\" tg-height=\"511\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, Stouff Capital)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Refinitiv、Stouff Capital）</span></p></blockquote></p><p> Nonetheless, entering the late stage of the business cycle does not imply that equities are in a bear market. On the contrary, equities developed positively during the late stage of the business cycle during the past century. The recession stage of the business cycle is the time window that investors want to avoid if they believe in statistical evidence. Other leading indicators, which have been reliable historically, do not signal an imminent recession yet. The labor market has been constructive until the last report. Moreover, the conference board Leading Economic Index (LEI) marked an all-time high on its latest reading. Historically, the labor market and the LEI reached their cycle peak several months ahead of the economy. Most often, both indices peaked even ahead of the US stock market before the US economy went into recession. Likewise, the yield curve is not flashing recessionary signals yet. Historically, it inverted shortly before a recession arrived and was also a leading indicator for cyclical stock market highs. That's neither the case today.</p><p><blockquote>尽管如此，进入商业周期后期并不意味着股市处于熊市。相反，股票在上个世纪商业周期的后期发展积极。如果投资者相信统计证据，商业周期的衰退阶段是他们想要避开的时间窗口。历史上可靠的其他领先指标尚未表明经济衰退即将来临。在上次报告之前，劳动力市场一直是建设性的。此外，世界大型企业联合会领先经济指数（LEI）的最新读数创下历史新高。从历史上看，劳动力市场和LEI比经济提前几个月达到周期峰值。大多数情况下，在美国经济陷入衰退之前，这两个指数甚至先于美国股市见顶。同样，收益率曲线尚未闪烁衰退信号。从历史上看，它在经济衰退到来前不久反转，也是周期性股市高点的领先指标。今天的情况也不是这样。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9fed5b5760550aa77356656aee41f1d0\" tg-width=\"640\" tg-height=\"379\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> However, equities corrected 5%-10% from their most recent highs into early December. The drop was not surprising because the market was running hot, as explained in our&nbsp;mid-November article&nbsp;here on Seeking Alpha. Sentiment and technical indicators signaled an imminent 5%-10% correction. Nonetheless, the correction is probably not finished short term. Some more weakness remains the base case during the next couple of weeks.</p><p><blockquote>然而，截至12月初，股市从近期高点回调了5%-10%。正如我们在11月中旬关于Seeking Alpha的文章中所解释的那样，下跌并不令人意外，因为市场正在火热。情绪和技术指标表明即将出现5%-10%的回调。尽管如此，调整可能不会在短期内完成。在接下来的几周里，更多的疲软仍然是基本情况。</blockquote></p><p> Moreover, there is something peculiar about the current cycle. It is unfolding at an unprecedented speed. Therefore, the late-cycle stage may surprise many by not lasting as long as it usually does. Further, the current environment might prove extraordinarily challenging for central banks as inflation increases rapidly. The chart above shows that European purchasing prices are more than 20% higher versus last year. That's the steepest increase of the index since the '70s. The '70s were the latest period that recorded double-digit inflation after the breakup of the Bretton-Woods exchange-rate system. Inflation pressure is also mounting in the United States as well. Not only do goods become expensive due to supply shortages, but services also joined the party lately. The development is a problem for central banks as they have no effective tools against supply-side shortages. Consequently, we are unlikely to witness monetary easing short-term. That has been a headwind for equities in recent years. Yet again, that's not a hit-and-run event and we are not there yet. Historically, equities reached their cyclical high typically well after the initial rate hike.</p><p><blockquote>此外，当前的周期还有一些奇特之处。它正以前所未有的速度展开。因此，周期后期可能会让许多人感到惊讶，因为它不会像通常那样持续很长时间。此外，随着通胀迅速上升，当前环境对央行来说可能极具挑战性。上图显示，欧洲的采购价格比去年上涨了20%以上。这是该指数自70年代以来的最大涨幅。70年代是布雷顿森林汇率体系解体后最近一个出现两位数通胀的时期。美国的通胀压力也在加大。由于供应短缺，不仅商品变得昂贵，服务最近也加入了这一行列。这一发展对央行来说是一个问题，因为它们没有有效的工具来应对供应方短缺。因此，我们不太可能在短期内看到货币宽松。近年来，这一直是股市的阻力。再说一次，这不是肇事逃逸事件，我们还没有到那一步。从历史上看，股市通常在首次加息后很久就会达到周期性高点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfdb33a6b0c068438eae297a0bd32d1d\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> Technicals support the macro evidence outlined above. Most of the major indices probably unfolded bearish Elliot waves from their November highs. The S&amp;P 500 counts best as an extending leading diagonal into the December 6th low. That's a signal that the short-term correction may not be over yet. The pattern will probably morph into a three-wave corrective leg towards 4250-4390 instead.</p><p><blockquote>技术面支持上述宏观证据。大多数主要指数可能从11月高点展开看跌艾略特波浪。标普500最好被视为延伸到12月6日低点的领先对角线。这是一个信号，表明短期调整可能尚未结束。相反，该形态可能会演变为朝向4250-4390的三浪修正腿。</blockquote></p><p></p><p> All in all, there is potential for more damage short term. Technical evidence hints at another attack at the 4390 S/R before seeing the next sustainable leg up. Time will tell if it is the last leg up before the cycle ends. Some of the macro indicators discussed above will probably provide further hints before things turn sour. The bottom line is that the bull trend is most likely intact despite further short-term correction potential.</p><p><blockquote>总而言之，短期内有可能造成更多损害。技术证据暗示，在看到下一次可持续上涨之前，4390 S/R将再次受到攻击。时间会证明这是否是周期结束前的最后一次上涨。上面讨论的一些宏观指标可能会在事情变糟之前提供进一步的暗示。最重要的是，尽管短期内有进一步回调的潜力，但牛市趋势很可能完好无损。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4474830-bull-run-enters-late-cycle\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4474830-bull-run-enters-late-cycle","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169099899","content_text":"Summary\n\nThe short-term correction has probably not ended yet.\nMacroeconomic indicators signal further upside for stocks despite short-term correction potential.\nThe Fed could face tough challenges with its loose monetary stance sooner than many expect.\n\nMundusImages/E+ via Getty Images\nThe business cycle is maturing but has not ended yet. It is probably entering the late-cycle stage, according to Stouff capital's estimates. Their US Long-Term Macro Index gauge reached the 90% threshold, an early indicator for economic recessions. That's relevant because recessions had a perfect track record for bear markets in stocks. Every NBER recession in the past 170 involved a bear market in US stocks.\n(Source: Refinitiv, Stouff Capital)\nNonetheless, entering the late stage of the business cycle does not imply that equities are in a bear market. On the contrary, equities developed positively during the late stage of the business cycle during the past century. The recession stage of the business cycle is the time window that investors want to avoid if they believe in statistical evidence. Other leading indicators, which have been reliable historically, do not signal an imminent recession yet. The labor market has been constructive until the last report. Moreover, the conference board Leading Economic Index (LEI) marked an all-time high on its latest reading. Historically, the labor market and the LEI reached their cycle peak several months ahead of the economy. Most often, both indices peaked even ahead of the US stock market before the US economy went into recession. Likewise, the yield curve is not flashing recessionary signals yet. Historically, it inverted shortly before a recession arrived and was also a leading indicator for cyclical stock market highs. That's neither the case today.\n(Source: Refinitiv, CEIC, Pictet Asset Management)\nHowever, equities corrected 5%-10% from their most recent highs into early December. The drop was not surprising because the market was running hot, as explained in our mid-November article here on Seeking Alpha. Sentiment and technical indicators signaled an imminent 5%-10% correction. Nonetheless, the correction is probably not finished short term. Some more weakness remains the base case during the next couple of weeks.\nMoreover, there is something peculiar about the current cycle. It is unfolding at an unprecedented speed. Therefore, the late-cycle stage may surprise many by not lasting as long as it usually does. Further, the current environment might prove extraordinarily challenging for central banks as inflation increases rapidly. The chart above shows that European purchasing prices are more than 20% higher versus last year. That's the steepest increase of the index since the '70s. The '70s were the latest period that recorded double-digit inflation after the breakup of the Bretton-Woods exchange-rate system. Inflation pressure is also mounting in the United States as well. Not only do goods become expensive due to supply shortages, but services also joined the party lately. The development is a problem for central banks as they have no effective tools against supply-side shortages. Consequently, we are unlikely to witness monetary easing short-term. That has been a headwind for equities in recent years. Yet again, that's not a hit-and-run event and we are not there yet. Historically, equities reached their cyclical high typically well after the initial rate hike.\n(Source: Refinitiv, CEIC, Pictet Asset Management)\nTechnicals support the macro evidence outlined above. Most of the major indices probably unfolded bearish Elliot waves from their November highs. The S&P 500 counts best as an extending leading diagonal into the December 6th low. That's a signal that the short-term correction may not be over yet. The pattern will probably morph into a three-wave corrective leg towards 4250-4390 instead.\nAll in all, there is potential for more damage short term. Technical evidence hints at another attack at the 4390 S/R before seeing the next sustainable leg up. Time will tell if it is the last leg up before the cycle ends. Some of the macro indicators discussed above will probably provide further hints before things turn sour. The bottom line is that the bull trend is most likely intact despite further short-term correction potential.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601165477,"gmtCreate":1638499135110,"gmtModify":1638499135192,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601165477","repostId":"2188543124","repostType":4,"isVote":1,"tweetType":1,"viewCount":3317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609486906,"gmtCreate":1638317786052,"gmtModify":1638317786136,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$</a>oversold","listText":"<a href=\"https://laohu8.com/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$</a>oversold","text":"$SINGAPORE EXCHANGE LIMITED(S68.SI)$oversold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/609486906","isVote":1,"tweetType":1,"viewCount":2901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875241838,"gmtCreate":1637661944761,"gmtModify":1637662198712,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Adjusted net profit is improved. But operating profit is lower than last year.. what are the major item adjusted&nbsp;","listText":"Adjusted net profit is improved. But operating profit is lower than last year.. what are the major item adjusted&nbsp;","text":"Adjusted net profit is improved. But operating profit is lower than last year.. what are the major item adjusted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875241838","repostId":"1150608449","repostType":2,"repost":{"id":"1150608449","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":1637661249,"share":"https://www.laohu8.com/m/news/1150608449?lang=zh_CN&edition=full","pubTime":"2021-11-23 17:54","market":"us","language":"en","title":"XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.<blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150608449","media":"Tiger Newspress","summary":"XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-ove","content":"<p>XIAOMI's&nbsp;total revenue amounted to RMB78.1 billion&nbsp;for&nbsp;Q3, representing an increase of 8.2% year-over-year.</p><p><blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8abaa185fe9a2742dc48b32195311e11\" tg-width=\"1132\" tg-height=\"556\" referrerpolicy=\"no-referrer\">In the third quarter of 2021, smartphone revenue totaled RMB47.8 billion with a gross margin of 12.8%, an increase of 4.4 percentage points year-over-year. Despite the global supply shortage of key components, smartphone shipments in the quarter still reached 43.9 million. According to Canalys, global smartphone shipments ranked No. 3 in the third quarter of 2021, with a market share of 13.5%.</p><p><blockquote>2021年第三季度，智能手机收入总额为人民币478亿元，毛利率为12.8%，同比增长4.4个百分点。尽管全球关键零部件供应短缺，该季度智能手机出货量仍达到4390万部。根据Canalys的数据，2021年第三季度全球智能手机出货量排名第3，市场份额为13.5%。</blockquote></p><p> IoT and lifestyle products segment revenue was RMB20.9 billion during the third quarter of 2021, increasing 15.5% year-over-year. Notably, overseas IoT and lifestyle products revenue reached a new record high despite the challenges in maritime shipping logistics overseas this quarter.</p><p><blockquote>2021年第三季度，物联网和生活产品部门收入为人民币209亿元，同比增长15.5%。值得注意的是，尽管本季度海外海运物流面临挑战，但海外物联网和生活方式产品收入仍创下历史新高。</blockquote></p><p> In the third quarter of 2021, revenue from&nbsp;internet services segment rose to RMB7.3 billion, reaching a new quarterly high, representing an increase of 27.1% year-over-year. The gross profit margin of&nbsp;internet services segment was 73.6%, 13.1 percentage points higher than the same period of last year.</p><p><blockquote>2021年第三季度，互联网服务业务收入增至人民币73亿元，创季度新高，同比增长27.1%。互联网服务板块毛利率为73.6%，较去年同期高13.1个百分点。</blockquote></p><p> The&nbsp;revenue from overseas markets reached RMB40.9 billion during the third quarter of 2021, accounting for 52.4% of total revenue. Despite the global shortage of key components, company solidified&nbsp;market position by optimizing global market resource allocation and reinforcing&nbsp;channels in accordance with local market conditions. According to Canalys,&nbsp;market share of smartphone shipments in the third quarter ranked No. 1 in 11 countries and regions and among the top five in 59 countries and regions globally.</p><p><blockquote>2021年第三季度来自海外市场的收入达到人民币409亿元，占总收入的52.4%。在全球关键零部件短缺的情况下，公司通过优化全球市场资源配置，根据当地市场情况加强渠道建设，巩固了市场地位。根据Canalys的数据，第三季度智能手机出货量市场份额在11个国家和地区排名第一，在全球59个国家和地区排名前五。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.<blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.<blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-23 17:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>XIAOMI's&nbsp;total revenue amounted to RMB78.1 billion&nbsp;for&nbsp;Q3, representing an increase of 8.2% year-over-year.</p><p><blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8abaa185fe9a2742dc48b32195311e11\" tg-width=\"1132\" tg-height=\"556\" referrerpolicy=\"no-referrer\">In the third quarter of 2021, smartphone revenue totaled RMB47.8 billion with a gross margin of 12.8%, an increase of 4.4 percentage points year-over-year. Despite the global supply shortage of key components, smartphone shipments in the quarter still reached 43.9 million. According to Canalys, global smartphone shipments ranked No. 3 in the third quarter of 2021, with a market share of 13.5%.</p><p><blockquote>2021年第三季度，智能手机收入总额为人民币478亿元，毛利率为12.8%，同比增长4.4个百分点。尽管全球关键零部件供应短缺，该季度智能手机出货量仍达到4390万部。根据Canalys的数据，2021年第三季度全球智能手机出货量排名第3，市场份额为13.5%。</blockquote></p><p> IoT and lifestyle products segment revenue was RMB20.9 billion during the third quarter of 2021, increasing 15.5% year-over-year. Notably, overseas IoT and lifestyle products revenue reached a new record high despite the challenges in maritime shipping logistics overseas this quarter.</p><p><blockquote>2021年第三季度，物联网和生活产品部门收入为人民币209亿元，同比增长15.5%。值得注意的是，尽管本季度海外海运物流面临挑战，但海外物联网和生活方式产品收入仍创下历史新高。</blockquote></p><p> In the third quarter of 2021, revenue from&nbsp;internet services segment rose to RMB7.3 billion, reaching a new quarterly high, representing an increase of 27.1% year-over-year. The gross profit margin of&nbsp;internet services segment was 73.6%, 13.1 percentage points higher than the same period of last year.</p><p><blockquote>2021年第三季度，互联网服务业务收入增至人民币73亿元，创季度新高，同比增长27.1%。互联网服务板块毛利率为73.6%，较去年同期高13.1个百分点。</blockquote></p><p> The&nbsp;revenue from overseas markets reached RMB40.9 billion during the third quarter of 2021, accounting for 52.4% of total revenue. Despite the global shortage of key components, company solidified&nbsp;market position by optimizing global market resource allocation and reinforcing&nbsp;channels in accordance with local market conditions. According to Canalys,&nbsp;market share of smartphone shipments in the third quarter ranked No. 1 in 11 countries and regions and among the top five in 59 countries and regions globally.</p><p><blockquote>2021年第三季度来自海外市场的收入达到人民币409亿元，占总收入的52.4%。在全球关键零部件短缺的情况下，公司通过优化全球市场资源配置，根据当地市场情况加强渠道建设，巩固了市场地位。根据Canalys的数据，第三季度智能手机出货量市场份额在11个国家和地区排名第一，在全球59个国家和地区排名前五。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150608449","content_text":"XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.\nIn the third quarter of 2021, smartphone revenue totaled RMB47.8 billion with a gross margin of 12.8%, an increase of 4.4 percentage points year-over-year. Despite the global supply shortage of key components, smartphone shipments in the quarter still reached 43.9 million. According to Canalys, global smartphone shipments ranked No. 3 in the third quarter of 2021, with a market share of 13.5%.\nIoT and lifestyle products segment revenue was RMB20.9 billion during the third quarter of 2021, increasing 15.5% year-over-year. Notably, overseas IoT and lifestyle products revenue reached a new record high despite the challenges in maritime shipping logistics overseas this quarter.\nIn the third quarter of 2021, revenue from internet services segment rose to RMB7.3 billion, reaching a new quarterly high, representing an increase of 27.1% year-over-year. The gross profit margin of internet services segment was 73.6%, 13.1 percentage points higher than the same period of last year.\nThe revenue from overseas markets reached RMB40.9 billion during the third quarter of 2021, accounting for 52.4% of total revenue. Despite the global shortage of key components, company solidified market position by optimizing global market resource allocation and reinforcing channels in accordance with local market conditions. According to Canalys, market share of smartphone shipments in the third quarter ranked No. 1 in 11 countries and regions and among the top five in 59 countries and regions globally.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":2764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871792602,"gmtCreate":1637110729281,"gmtModify":1637110729566,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRM\">$Salesforce.com(CRM)$</a>happy","listText":"<a 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COMPANY(01211)$regret","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848408871","isVote":1,"tweetType":1,"viewCount":925,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841456027,"gmtCreate":1635937297693,"gmtModify":1635937300297,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Marketing&nbsp;","listText":"Marketing&nbsp;","text":"Marketing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841456027","repostId":"1134896841","repostType":4,"repost":{"id":"1134896841","kind":"news","pubTimestamp":1635933860,"share":"https://www.laohu8.com/m/news/1134896841?lang=zh_CN&edition=full","pubTime":"2021-11-03 18:04","market":"us","language":"en","title":"Starbucks rolls out holiday drink menu, featuring a new sugar cookie latte<blockquote>星巴克推出节日饮料菜单，推出新的糖饼干拿铁</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134896841","media":"Yahoo","summary":"Starbucks (SBUX) is officially kicking off the holiday season with its new holiday lineup, along wit","content":"<p>Starbucks (SBUX) is officially kicking off the holiday season with its new holiday lineup, along with some classic favorites.</p><p><blockquote>星巴克(SBUX)以其新的假日阵容以及一些经典的最爱正式拉开了假日季的序幕。</blockquote></p><p> The Seattle-based coffee giant announced the return of its holiday menu with holiday shoppers hitting the storesearlier than ever. The lineup is set to hit all U.S. locations beginning on Thursday, November 3rd, and will debut alongside four new holiday cup designs: wrapping paper, ribbon, holiday lights and candy cane.</p><p><blockquote>这家总部位于西雅图的咖啡巨头宣布回归假日菜单，假日购物者比以往任何时候都更早地来到商店。该系列将于11月3日周四开始在美国所有地点上市，并将与四种新的节日杯设计一起首次亮相：包装纸、丝带、节日灯和糖果手杖。</blockquote></p><p> For the first-time ever, the company will debut a non-dairy beverage in its holiday lineup, the Iced Sugar Cookie Almond Milk Latte, which can be either cold or hot. The beverage is crafted with sugar cookie flavored syrup, Starbucks' trademarked blonde espresso, almond milk and topped with red and green sprinkles.</p><p><blockquote>该公司将首次在其假日系列中推出一种非乳制品饮料，冰糖饼干杏仁牛奶拿铁，可以是冷的，也可以是热的。这种饮料由糖饼干味糖浆、星巴克商标的金发浓缩咖啡、杏仁牛奶制成，上面撒有红色和绿色的糖屑。</blockquote></p><p> Starbucks is also bringing back its well-known favorites like Peppermint Mocha, Caramel Brulee, Chestnut Praline and Toasted White Chocolate Mocha. The Irish Cream Cold Brew, which debuted in 2019 and typically debuts in December, will hit the menus earlier than ever this holiday.</p><p><blockquote>星巴克还带回了其众所周知的最爱，如薄荷摩卡、焦糖布丁、栗子果仁糖和烤白巧克力摩卡。爱尔兰奶油冷饮于2019年首次亮相，通常在12月首次亮相，将比以往任何时候都更早地出现在这个假期的菜单上。</blockquote></p><p> Starbucks' decision to add a cold beverage to its holiday lineup, and to re-introduce the Irish Cream Cold Brew, may be no surprise to consumers and Wall Street alike. In recent months, the coffee giant has touted therise of cold drinks, which now account for awhopping 75% of total beverage sales.</p><p><blockquote>星巴克决定在其假日产品线中增加一种冷饮，并重新推出爱尔兰奶油冷饮，这对消费者和华尔街来说可能并不奇怪。最近几个月，这家咖啡巨头大力宣传冷饮，目前冷饮占饮料总销售额的75%。</blockquote></p><p> As far as a sweet treat to grab with the holiday drinks, Starbucks is bringing back the Sugar Plum Danish, Cranberry Bliss Bar and Snowman Cookie. However, keep a lookout for a newcomer, the company is unveiling a new addition: the Reindeer Cake Pop.</p><p><blockquote>至于节日饮料中的甜点，星巴克带回了糖李子丹麦、蔓越莓极乐棒和雪人饼干。然而，请留意新来者，该公司正在推出一款新产品：驯鹿蛋糕流行。</blockquote></p><p> According to Ethan Chernofsky, CMO of data intelligence platform Placer.ai, there's potential for Starbucks to see a big boost in traffic around this time of year and from the addition of new flavors.</p><p><blockquote>数据智能平台Placer.ai的CMO Ethan Chernofsky表示，星巴克在每年的这个时候以及新口味的增加都有可能看到客流量的大幅增长。</blockquote></p><p> He&nbsp;told Yahoo Finance&nbsp;there's a pent-up demand for brick-and-mortar due to COVID-19, which means \"substantial visits to malls, to shopping centers and in general\" and good news for Starbucks.</p><p><blockquote>他告诉雅虎财经，由于COVID-19，实体店的需求被压抑，这意味着“大量前往购物中心、购物中心等”，这对星巴克来说是个好消息。</blockquote></p><p> \"When we see that type of behavior, we see a really big surge for Starbucks,\" the analyst said. \"Let's be clear, when you go shopping for a long day, there is nothing that helps make that day a little bit easier than a coffee, maybe two, at some point along that trip.\"</p><p><blockquote>“当我们看到这种行为时，我们会看到星巴克的股价确实大幅飙升，”分析师表示。“让我们明确一点，当你去购物一整天时，没有什么比在旅途中的某个时候喝一杯，也许两杯咖啡更能让这一天变得轻松一点了。”</blockquote></p><p> On top of that, Starbucks loyal following of consumers will likely run to try the latest creation.</p><p><blockquote>最重要的是，星巴克的忠实消费者可能会跑去尝试最新的产品。</blockquote></p><p> The foot traffic following known-beverages like the Pumpkin Spice Latte shows \"how powerful a position Starbucks plays within the coffee sector, but within the wider zeitgeist, in the sense that when they launch something, people are excited and willing to try it.\"</p><p><blockquote>南瓜香料拿铁等知名饮料的人流量表明“星巴克在咖啡行业以及更广泛的时代精神中发挥着多么强大的地位，从某种意义上说，当他们推出某种产品时，人们会很兴奋并愿意尝试它。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks rolls out holiday drink menu, featuring a new sugar cookie latte<blockquote>星巴克推出节日饮料菜单，推出新的糖饼干拿铁</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks rolls out holiday drink menu, featuring a new sugar cookie latte<blockquote>星巴克推出节日饮料菜单，推出新的糖饼干拿铁</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo</strong><span class=\"h-time small\">2021-11-03 18:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Starbucks (SBUX) is officially kicking off the holiday season with its new holiday lineup, along with some classic favorites.</p><p><blockquote>星巴克(SBUX)以其新的假日阵容以及一些经典的最爱正式拉开了假日季的序幕。</blockquote></p><p> The Seattle-based coffee giant announced the return of its holiday menu with holiday shoppers hitting the storesearlier than ever. The lineup is set to hit all U.S. locations beginning on Thursday, November 3rd, and will debut alongside four new holiday cup designs: wrapping paper, ribbon, holiday lights and candy cane.</p><p><blockquote>这家总部位于西雅图的咖啡巨头宣布回归假日菜单，假日购物者比以往任何时候都更早地来到商店。该系列将于11月3日周四开始在美国所有地点上市，并将与四种新的节日杯设计一起首次亮相：包装纸、丝带、节日灯和糖果手杖。</blockquote></p><p> For the first-time ever, the company will debut a non-dairy beverage in its holiday lineup, the Iced Sugar Cookie Almond Milk Latte, which can be either cold or hot. The beverage is crafted with sugar cookie flavored syrup, Starbucks' trademarked blonde espresso, almond milk and topped with red and green sprinkles.</p><p><blockquote>该公司将首次在其假日系列中推出一种非乳制品饮料，冰糖饼干杏仁牛奶拿铁，可以是冷的，也可以是热的。这种饮料由糖饼干味糖浆、星巴克商标的金发浓缩咖啡、杏仁牛奶制成，上面撒有红色和绿色的糖屑。</blockquote></p><p> Starbucks is also bringing back its well-known favorites like Peppermint Mocha, Caramel Brulee, Chestnut Praline and Toasted White Chocolate Mocha. The Irish Cream Cold Brew, which debuted in 2019 and typically debuts in December, will hit the menus earlier than ever this holiday.</p><p><blockquote>星巴克还带回了其众所周知的最爱，如薄荷摩卡、焦糖布丁、栗子果仁糖和烤白巧克力摩卡。爱尔兰奶油冷饮于2019年首次亮相，通常在12月首次亮相，将比以往任何时候都更早地出现在这个假期的菜单上。</blockquote></p><p> Starbucks' decision to add a cold beverage to its holiday lineup, and to re-introduce the Irish Cream Cold Brew, may be no surprise to consumers and Wall Street alike. In recent months, the coffee giant has touted therise of cold drinks, which now account for awhopping 75% of total beverage sales.</p><p><blockquote>星巴克决定在其假日产品线中增加一种冷饮，并重新推出爱尔兰奶油冷饮，这对消费者和华尔街来说可能并不奇怪。最近几个月，这家咖啡巨头大力宣传冷饮，目前冷饮占饮料总销售额的75%。</blockquote></p><p> As far as a sweet treat to grab with the holiday drinks, Starbucks is bringing back the Sugar Plum Danish, Cranberry Bliss Bar and Snowman Cookie. However, keep a lookout for a newcomer, the company is unveiling a new addition: the Reindeer Cake Pop.</p><p><blockquote>至于节日饮料中的甜点，星巴克带回了糖李子丹麦、蔓越莓极乐棒和雪人饼干。然而，请留意新来者，该公司正在推出一款新产品：驯鹿蛋糕流行。</blockquote></p><p> According to Ethan Chernofsky, CMO of data intelligence platform Placer.ai, there's potential for Starbucks to see a big boost in traffic around this time of year and from the addition of new flavors.</p><p><blockquote>数据智能平台Placer.ai的CMO Ethan Chernofsky表示，星巴克在每年的这个时候以及新口味的增加都有可能看到客流量的大幅增长。</blockquote></p><p> He&nbsp;told Yahoo Finance&nbsp;there's a pent-up demand for brick-and-mortar due to COVID-19, which means \"substantial visits to malls, to shopping centers and in general\" and good news for Starbucks.</p><p><blockquote>他告诉雅虎财经，由于COVID-19，实体店的需求被压抑，这意味着“大量前往购物中心、购物中心等”，这对星巴克来说是个好消息。</blockquote></p><p> \"When we see that type of behavior, we see a really big surge for Starbucks,\" the analyst said. \"Let's be clear, when you go shopping for a long day, there is nothing that helps make that day a little bit easier than a coffee, maybe two, at some point along that trip.\"</p><p><blockquote>“当我们看到这种行为时，我们会看到星巴克的股价确实大幅飙升，”分析师表示。“让我们明确一点，当你去购物一整天时，没有什么比在旅途中的某个时候喝一杯，也许两杯咖啡更能让这一天变得轻松一点了。”</blockquote></p><p> On top of that, Starbucks loyal following of consumers will likely run to try the latest creation.</p><p><blockquote>最重要的是，星巴克的忠实消费者可能会跑去尝试最新的产品。</blockquote></p><p> The foot traffic following known-beverages like the Pumpkin Spice Latte shows \"how powerful a position Starbucks plays within the coffee sector, but within the wider zeitgeist, in the sense that when they launch something, people are excited and willing to try it.\"</p><p><blockquote>南瓜香料拿铁等知名饮料的人流量表明“星巴克在咖啡行业以及更广泛的时代精神中发挥着多么强大的地位，从某种意义上说，当他们推出某种产品时，人们会很兴奋并愿意尝试它。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/starbucks-holiday-drinks-are-back-on-the-menu-with-a-new-iced-latte-entree-090124820.html\">Yahoo</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"https://finance.yahoo.com/news/starbucks-holiday-drinks-are-back-on-the-menu-with-a-new-iced-latte-entree-090124820.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134896841","content_text":"Starbucks (SBUX) is officially kicking off the holiday season with its new holiday lineup, along with some classic favorites.\nThe Seattle-based coffee giant announced the return of its holiday menu with holiday shoppers hitting the storesearlier than ever. The lineup is set to hit all U.S. locations beginning on Thursday, November 3rd, and will debut alongside four new holiday cup designs: wrapping paper, ribbon, holiday lights and candy cane.\nFor the first-time ever, the company will debut a non-dairy beverage in its holiday lineup, the Iced Sugar Cookie Almond Milk Latte, which can be either cold or hot. The beverage is crafted with sugar cookie flavored syrup, Starbucks' trademarked blonde espresso, almond milk and topped with red and green sprinkles.\nStarbucks is also bringing back its well-known favorites like Peppermint Mocha, Caramel Brulee, Chestnut Praline and Toasted White Chocolate Mocha. The Irish Cream Cold Brew, which debuted in 2019 and typically debuts in December, will hit the menus earlier than ever this holiday.\nStarbucks' decision to add a cold beverage to its holiday lineup, and to re-introduce the Irish Cream Cold Brew, may be no surprise to consumers and Wall Street alike. In recent months, the coffee giant has touted therise of cold drinks, which now account for awhopping 75% of total beverage sales.\nAs far as a sweet treat to grab with the holiday drinks, Starbucks is bringing back the Sugar Plum Danish, Cranberry Bliss Bar and Snowman Cookie. However, keep a lookout for a newcomer, the company is unveiling a new addition: the Reindeer Cake Pop.\nAccording to Ethan Chernofsky, CMO of data intelligence platform Placer.ai, there's potential for Starbucks to see a big boost in traffic around this time of year and from the addition of new flavors.\nHe told Yahoo Finance there's a pent-up demand for brick-and-mortar due to COVID-19, which means \"substantial visits to malls, to shopping centers and in general\" and good news for Starbucks.\n\"When we see that type of behavior, we see a really big surge for Starbucks,\" the analyst said. \"Let's be clear, when you go shopping for a long day, there is nothing that helps make that day a little bit easier than a coffee, maybe two, at some point along that trip.\"\nOn top of that, Starbucks loyal following of consumers will likely run to try the latest creation.\nThe foot traffic following known-beverages like the Pumpkin Spice Latte shows \"how powerful a position Starbucks plays within the coffee sector, but within the wider zeitgeist, in the sense that when they launch something, people are excited and willing to try it.\"","news_type":1,"symbols_score_info":{"SBUX":0.9}},"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841451027,"gmtCreate":1635937172617,"gmtModify":1635937172885,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[微笑]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[微笑]&nbsp;","text":"$Apple(AAPL)$[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841451027","isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841453507,"gmtCreate":1635937143848,"gmtModify":1635937144088,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01730\">$LHN(01730)$</a>[流泪]&nbsp;[流泪]&nbsp;[流泪]&nbsp;","listText":"<a href=\"https://laohu8.com/S/01730\">$LHN(01730)$</a>[流泪]&nbsp;[流泪]&nbsp;[流泪]&nbsp;","text":"$LHN(01730)$[流泪] [流泪] [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841453507","isVote":1,"tweetType":1,"viewCount":1270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843862528,"gmtCreate":1635818174658,"gmtModify":1635818174832,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>just wait","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>just wait","text":"$Apple(AAPL)$just wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843862528","isVote":1,"tweetType":1,"viewCount":1038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843866709,"gmtCreate":1635818150331,"gmtModify":1635818150453,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01730\">$LHN(01730)$</a>good stockk","listText":"<a href=\"https://laohu8.com/S/01730\">$LHN(01730)$</a>good stockk","text":"$LHN(01730)$good stockk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843866709","isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":868135982,"gmtCreate":1632618780546,"gmtModify":1632651919261,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/868135982","repostId":"1188909032","repostType":4,"repost":{"id":"1188909032","kind":"news","pubTimestamp":1632531451,"share":"https://www.laohu8.com/m/news/1188909032?lang=zh_CN&edition=full","pubTime":"2021-09-25 08:57","market":"us","language":"en","title":"5 Top Consumer Stocks To Watch Ahead Of October 2021<blockquote>2021年10月之前值得关注的5只顶级消费股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188909032","media":"Nasdaq","summary":"Do You Have These Top Consumer Stocks On Your Radar Now?\nThe past trading week has been exciting, to","content":"<p>Do You Have These Top Consumer Stocks On Your Radar Now?</p><p><blockquote>您现在关注这些顶级消费股吗？</blockquote></p><p> The past trading week has been exciting, to say the least. Despite all of the ups and downs,consumer stockscontinue to make waves in thestock market today. If anything, the consumer-focused industry continues to hold strong now. This is evident as August’s retail sales figures smashed expectations, rising by 0.7% versus an estimated drop of 0.8%. Moreover, the current broad-based rebound in thestock marketcould indicate that investors’ sentiment on the economy is improving.</p><p><blockquote>至少可以说，过去的交易周令人兴奋。尽管经历了大起大落，消费类股今天继续在股市上掀起波澜。如果说有什么不同的话，那就是以消费者为中心的行业现在继续保持强劲。这一点很明显，8月份零售额数据超出预期，增长0.7%，而预期下降0.8%。此外，当前股市的广泛反弹可能表明投资者对经济的信心正在改善。</blockquote></p><p> Evidently, we could look at the likes of<b>Roku</b>(NASDAQ: ROKU) right now. Just yesterday, Guggenheim analyst Michael Morris provided a positive update on the stock. Namely, Morris hit ROKU stock with a Buy rating and a price target of $395. Morris cites Roku’s aggressive expansion of its original content and penetration of international markets as core reasons for the upgrade.</p><p><blockquote>显然，我们可以看看<b>Roku</b>（纳斯达克：ROKU）现在。就在昨天，古根海姆分析师迈克尔·莫里斯提供了该股的积极更新。也就是说，Morris给予ROKU股票买入评级，目标价为395美元。Morris将Roku对其原创内容的积极扩张和对国际市场的渗透作为升级的核心原因。</blockquote></p><p> At the same time, there is some interesting movement going on with<b>Nike’s</b>(NYSE: NKE) shares as well. Yesterday, the company posted its first-quarter earnings after the closing bell. In short, Nike reported an earnings per share of $1.16 on revenue of $12.25 billion for the quarter. This is against estimates of $1.11 and $12.46 billion. Investors appear to be focusing on Nike’s revenue miss which is mostly due to temporary supply chain pressures. Regardless, as one of the biggest names in the sports apparel industry globally, some could see opportunity in NKE stocks’ current weakness. With all this activity in the space now, could one of these consumer stocks be worth investing in?</p><p><blockquote>与此同时，有一些有趣的运动正在进行<b>耐克的</b>（纽约证券交易所代码：NKE）的股票也是如此。昨天，该公司在收盘后公布了第一季度财报。简而言之，耐克报告本季度每股收益为1.16美元，营收为122.5亿美元。相比之下，估计为11.1亿美元和124.6亿美元。投资者似乎关注耐克的营收下滑，这主要是由于暂时的供应链压力。无论如何，作为全球运动服装行业最大的品牌之一，一些人可能会从NKE股票当前的疲软中看到机会。鉴于目前该领域的所有活动，这些消费股中的一只值得投资吗？</blockquote></p><p> Best Consumer Stocks To Buy [Or Sell] Today</p><p><blockquote>今天最值得买入[或卖出]的消费股</blockquote></p><p> <ul>  <li><b>Beyond Meat Inc.</b>(NASDAQ: BYND)</li>  <li><b>Trip.com Group Ltd.</b>(NASDAQ: TCOM)</li>  <li><b>Vail Resorts Inc.</b>(NYSE: MTN)</li>  <li><b>Costco Wholesale Corporation</b>(NASDAQ: COST)</li>  <li><b>Stitch Fix Inc.</b>(NASDAQ: SFIX)</li> </ul> Beyond Meat Inc.</p><p><blockquote><ul><li><b>Beyond Meat公司。</b>（纳斯达克：BYND）</li><li><b>携程集团有限公司。</b>（纳斯达克：TCOM）</li><li><b>韦尔度假村公司。</b>（纽约证券交易所代码：MTN）</li><li><b>好市多批发公司</b>（纳斯达克：成本）</li><li><b>缝合修复公司。</b>（纳斯达克：SFIX）</li></ul>Beyond Meat公司。</blockquote></p><p> <b>Beyond Meat</b>is a plant-based meat substitutes retailer with headquarters in California. The company offers plant-based options in the beef, poultry, and pork categories. In fact, it is one of the fastest-growing food companies in the U.S. as more people are increasingly alternating to plant-based options. Its products are designed to have the same taste and texture as animal-based meat while being the better option for the environment. BYND stock has almost doubled in valuation since its pandemic era low.</p><p><blockquote><b>Beyond Meat</b>是一家植物性肉类替代品零售商，总部位于加利福尼亚州。该公司提供牛肉、家禽和猪肉类别的植物性选择。事实上，随着越来越多的人越来越多地转向植物性食品，它是美国发展最快的食品公司之一。它的产品被设计成具有与动物性肉类相同的味道和质地，同时也是更好的环境选择。自大流行时代低点以来，BYND股票的估值几乎翻了一番。</blockquote></p><p> In August, the company reported its second-quarter financials. Diving in, net revenue for the quarter was $149.4 million, increasing by 31.8% year-over-year. Furthermore, gross profit for the quarter was $47.4 million. The company saw record net revenues and also continues to return to growth in the foodservice industry as its customers welcome consumers back to their venues. Not resting on its laurels, the company also continues to make substantial investments in its long-term growth in the U.S. and abroad. Given all of this, will you consider investing in BYND stock right now?</p><p><blockquote>8月，该公司公布了第二季度财务数据。该季度净收入为1.494亿美元，同比增长31.8%。此外，该季度毛利润为4740万美元。该公司实现了创纪录的净收入，并且随着客户欢迎消费者回到他们的场所，餐饮服务行业也继续恢复增长。该公司并没有固步自封，还继续为其在美国和海外的长期增长进行大量投资。鉴于所有这些，您现在会考虑投资BYND股票吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/875119289e70dc28e620fb5eeb2d291b\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p> <b>[Read More]</b>&nbsp;What Stocks To Buy Today? 5 Tech Stocks To Watch</p><p><blockquote><b>[阅读更多]</b>今天买什么股票？5只值得关注的科技股</blockquote></p><p> Trip.com Group Ltd</p><p><blockquote>携程集团有限公司</blockquote></p><p> Following that, we have multinational online travel company<b>Trip.com</b>, a leading one-stop travel platform globally. It integrates a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in China and around the world. Impressively, it is currently one of the largest online travel agencies in China and also one of the largest travel service providers in the world.</p><p><blockquote>接下来，我们有跨国在线旅游公司<b>Trip.com</b>，全球领先的一站式旅游平台。它整合了一套全面的旅游产品和服务以及差异化的旅游内容。它是中国和世界各地游客的首选目的地。令人印象深刻的是，它是目前中国最大的在线旅行社之一，也是全球最大的旅游服务提供商之一。</blockquote></p><p> After yesterday’s closing bell, Trip.com posted solid figures in its second fiscal quarter earnings report. In it, the company saw a total revenue of $912 million for the quarter. This marks a significant year-over-year jump of 86%. In terms of net income, the company saw a 43% increase over the same period. CEO Jane Sun cites Trip.com’s focus on the domestic market as a core contributor to this solid quarter for the company. Overall, given this piece of news, will you consider adding TCOM stock to your portfolio right now?</p><p><blockquote>昨天收盘后，携程在第二财季财报中公布了稳健的数据。该公司本季度总收入为9.12亿美元。这标志着同比大幅增长86%。净利润方面，该公司同期增长了43%。首席执行官Jane Sun表示，携程对国内市场的关注是该公司本季度业绩强劲的核心贡献者。总体而言，鉴于这条消息，您现在会考虑将TCOM股票添加到您的投资组合中吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/781e08ea2e30a4f9c94020727b3e77bc\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOSVail Resorts Inc.</p><p><blockquote>资料来源：德美利证券TOSVail Resorts Inc.</blockquote></p><p> <b>Vail Resorts</b>is a leading global mountain resort operator. The company and its subsidiaries operate 37 destination mountain resorts and regional ski areas. In essence, it owns and/or manages a collection of casually elegant hotels under the RockResorts brand. It also has a development company that is in the real estate planning and development business. MTN stock is up by over 40% in the past year alone.</p><p><blockquote><b>韦尔度假村</b>是全球领先的山地度假村运营商。该公司及其子公司经营着37个目的地山地度假村和区域滑雪场。本质上，它拥有和/或管理RockResorts品牌下的一系列休闲优雅的酒店。它还拥有一家从事房地产规划和开发业务的开发公司。仅去年一年，MTN股价就上涨了40%以上。</blockquote></p><p></p><p> Recently, KeyBanc Capital Markets upgraded Vail Resorts to an Overweight rating from Sector Weight and hit it with a price target of $355. Analyst Brett Andreas says that demand for skiing vacations was exceeding expectations with some bookings already at record levels. Not to mention, the company continues to gain momentum on the financial front. In its fourth fiscal quarterearnings call, Vail reported a net income of $127.9 million, marking a sizable 29.4% year-over-year increase. After considering that pandemic-related factors still weigh on its key operations, the company’s fundamentals are admirable. Moreover, the company also declared a cash dividend of $0.88 per share, to investors’ delight. All things considered, will you buy MTN stock?</p><p><blockquote>最近，KeyBanc Capital Markets将Vail Resorts的评级从行业权重上调至跑赢大盘，并将其目标价定为355美元。分析师布雷特·安德烈亚斯表示，滑雪度假的需求超出了预期，一些预订量已经达到创纪录水平。更不用说，该公司在财务方面继续获得动力。在第四财季收益看涨期权中，韦尔公布净利润为1.279亿美元，同比大幅增长29.4%。在考虑到大流行相关因素仍然拖累其关键业务后，该公司的基本面令人钦佩。此外，该公司还宣布派发每股0.88美元的现金股息，令投资者感到高兴。综合考虑，您会购买MTN股票吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c596fd2c2dc3ef4d15e9c9dfa89b8147\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p> <b>[Read More]</b>&nbsp;4 Semiconductor Stocks To Watch Right Now</p><p><blockquote><b>[阅读更多]</b>目前值得关注的4只半导体股票</blockquote></p><p> Costco Wholesale Corporation</p><p><blockquote>好市多批发公司</blockquote></p><p> Next up, we will be taking a look at<b>Costco</b>. For the most part, the multinational consumer staples giant would be another player to consider in thestock market today. The main factor differentiating Costco from its retail competitors would be its membership-only big-box operations. Simply put, the company only caters to members and sells daily necessities in bulk. Amidst the ongoing pandemic and climate crises, Costco’s offerings could see greater demand from consumers.</p><p><blockquote>接下来，我们将看看<b>Costco</b>在很大程度上，这家跨国消费品巨头将是当今股市中另一个值得考虑的参与者。Costco区别于零售竞争对手的主要因素是其仅限会员的大卖场业务。简单来说，公司只迎合会员，散装销售日用品。在持续的大流行和气候危机中，好市多的产品可能会受到消费者更大的需求。</blockquote></p><p> By and large, with COST stock sitting on year-to-date gains of over 19%, could it be worth investing in? Well, for one thing, the company beat Wall Streets’ projections across the board in its latest quarterly earnings report. In detail, Costco posted an earnings per share of $3.76 on revenue of $62.7 billion for the quarter. For some perspective, consensus estimates suggest an earnings per share of $3.59 on revenue of $61.6 billion. All in all, would you consider adding COST stock to your portfolio?</p><p><blockquote>总的来说，成本股今年迄今的涨幅超过19%，值得投资吗？一方面，该公司在最新的季度收益报告中全面超出了华尔街的预测。具体而言，Costco公布本季度每股收益为3.76美元，营收为627亿美元。从某种角度来看，普遍预期每股收益为3.59美元，营收为616亿美元。总而言之，您会考虑将成本股票添加到您的投资组合中吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0412ae414ccd0df0d5f93302bd037b56\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p> <b>[Read More]</b>&nbsp;Top Stocks To Buy Now? 4 Renewable Energy Stocks For Your Watchlist</p><p><blockquote><b>[阅读更多]</b>现在最值得购买的股票？值得您关注的4只可再生能源股票</blockquote></p><p> Stitch Fix Inc.</p><p><blockquote>缝合修复公司。</blockquote></p><p> Another name to know in the consumer stock space now would be<b>Stitch Fix</b>. In brief, it is an online personal styling service. Through a combination of artificial intelligence and data science, Stitch Fix provides customers with personalized e-commerce experiences. Given the prevalence of online shopping throughout the pandemic, SFIX stock could be in focus among investors. In fact, the company’s shares are up by over 15% just this week on account of its solid earnings report.</p><p><blockquote>现在消费股领域另一个值得了解的名字是<b>缝合固定</b>简而言之，它是一种在线个人造型服务。通过人工智能和数据科学的结合，Stitch Fix为客户提供个性化的电子商务体验。鉴于在线购物在整个大流行期间的盛行，SFIX股票可能会成为投资者关注的焦点。事实上，由于其稳健的盈利报告，该公司股价仅本周就上涨了15%以上。</blockquote></p><p> Notably, Stitch Fix raked in a total revenue of $571.16 million for the quarter, marking a 28% year-over-year increase. Additionally, the company also reported massive year-over-year spikes of over 145% in both its net income and earnings per share. Despite beating analyst estimates on these fronts, Stitch Fix does not seem to be slowing down anytime soon. This appears to be the case as the company is expanding its services with Stitch Fix Freestyle, a “differentiated shopping experience”. This would give customers a more instant and flexible means of shopping on its platform. As such, could SFIX stock be a top pick in the stock market now?</p><p><blockquote>值得注意的是，Stitch Fix本季度总收入为5.7116亿美元，同比增长28%。此外，该公司还报告称，其净利润和每股收益同比大幅增长超过145%。尽管在这些方面超出了分析师的预期，但Stitch Fix似乎不会很快放缓。这似乎是因为该公司正在通过Stitch Fix Freestyle扩展其服务，这是一种“差异化的购物体验”。这将为客户提供一种更即时、更灵活的方式在其平台上购物。因此，SFIX股票现在能成为股市的首选吗？</blockquote></p><p></p>","source":"lsy1603171495471","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>5 Top Consumer Stocks To Watch Ahead Of October 2021<blockquote>2021年10月之前值得关注的5只顶级消费股</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Top Consumer Stocks To Watch Ahead Of October 2021<blockquote>2021年10月之前值得关注的5只顶级消费股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nasdaq</strong><span class=\"h-time small\">2021-09-25 08:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Do You Have These Top Consumer Stocks On Your Radar Now?</p><p><blockquote>您现在关注这些顶级消费股吗？</blockquote></p><p> The past trading week has been exciting, to say the least. Despite all of the ups and downs,consumer stockscontinue to make waves in thestock market today. If anything, the consumer-focused industry continues to hold strong now. This is evident as August’s retail sales figures smashed expectations, rising by 0.7% versus an estimated drop of 0.8%. Moreover, the current broad-based rebound in thestock marketcould indicate that investors’ sentiment on the economy is improving.</p><p><blockquote>至少可以说，过去的交易周令人兴奋。尽管经历了大起大落，消费类股今天继续在股市上掀起波澜。如果说有什么不同的话，那就是以消费者为中心的行业现在继续保持强劲。这一点很明显，8月份零售额数据超出预期，增长0.7%，而预期下降0.8%。此外，当前股市的广泛反弹可能表明投资者对经济的信心正在改善。</blockquote></p><p> Evidently, we could look at the likes of<b>Roku</b>(NASDAQ: ROKU) right now. Just yesterday, Guggenheim analyst Michael Morris provided a positive update on the stock. Namely, Morris hit ROKU stock with a Buy rating and a price target of $395. Morris cites Roku’s aggressive expansion of its original content and penetration of international markets as core reasons for the upgrade.</p><p><blockquote>显然，我们可以看看<b>Roku</b>（纳斯达克：ROKU）现在。就在昨天，古根海姆分析师迈克尔·莫里斯提供了该股的积极更新。也就是说，Morris给予ROKU股票买入评级，目标价为395美元。Morris将Roku对其原创内容的积极扩张和对国际市场的渗透作为升级的核心原因。</blockquote></p><p> At the same time, there is some interesting movement going on with<b>Nike’s</b>(NYSE: NKE) shares as well. Yesterday, the company posted its first-quarter earnings after the closing bell. In short, Nike reported an earnings per share of $1.16 on revenue of $12.25 billion for the quarter. This is against estimates of $1.11 and $12.46 billion. Investors appear to be focusing on Nike’s revenue miss which is mostly due to temporary supply chain pressures. Regardless, as one of the biggest names in the sports apparel industry globally, some could see opportunity in NKE stocks’ current weakness. With all this activity in the space now, could one of these consumer stocks be worth investing in?</p><p><blockquote>与此同时，有一些有趣的运动正在进行<b>耐克的</b>（纽约证券交易所代码：NKE）的股票也是如此。昨天，该公司在收盘后公布了第一季度财报。简而言之，耐克报告本季度每股收益为1.16美元，营收为122.5亿美元。相比之下，估计为11.1亿美元和124.6亿美元。投资者似乎关注耐克的营收下滑，这主要是由于暂时的供应链压力。无论如何，作为全球运动服装行业最大的品牌之一，一些人可能会从NKE股票当前的疲软中看到机会。鉴于目前该领域的所有活动，这些消费股中的一只值得投资吗？</blockquote></p><p> Best Consumer Stocks To Buy [Or Sell] Today</p><p><blockquote>今天最值得买入[或卖出]的消费股</blockquote></p><p> <ul>  <li><b>Beyond Meat Inc.</b>(NASDAQ: BYND)</li>  <li><b>Trip.com Group Ltd.</b>(NASDAQ: TCOM)</li>  <li><b>Vail Resorts Inc.</b>(NYSE: MTN)</li>  <li><b>Costco Wholesale Corporation</b>(NASDAQ: COST)</li>  <li><b>Stitch Fix Inc.</b>(NASDAQ: SFIX)</li> </ul> Beyond Meat Inc.</p><p><blockquote><ul><li><b>Beyond Meat公司。</b>（纳斯达克：BYND）</li><li><b>携程集团有限公司。</b>（纳斯达克：TCOM）</li><li><b>韦尔度假村公司。</b>（纽约证券交易所代码：MTN）</li><li><b>好市多批发公司</b>（纳斯达克：成本）</li><li><b>缝合修复公司。</b>（纳斯达克：SFIX）</li></ul>Beyond Meat公司。</blockquote></p><p> <b>Beyond Meat</b>is a plant-based meat substitutes retailer with headquarters in California. The company offers plant-based options in the beef, poultry, and pork categories. In fact, it is one of the fastest-growing food companies in the U.S. as more people are increasingly alternating to plant-based options. Its products are designed to have the same taste and texture as animal-based meat while being the better option for the environment. BYND stock has almost doubled in valuation since its pandemic era low.</p><p><blockquote><b>Beyond Meat</b>是一家植物性肉类替代品零售商，总部位于加利福尼亚州。该公司提供牛肉、家禽和猪肉类别的植物性选择。事实上，随着越来越多的人越来越多地转向植物性食品，它是美国发展最快的食品公司之一。它的产品被设计成具有与动物性肉类相同的味道和质地，同时也是更好的环境选择。自大流行时代低点以来，BYND股票的估值几乎翻了一番。</blockquote></p><p> In August, the company reported its second-quarter financials. Diving in, net revenue for the quarter was $149.4 million, increasing by 31.8% year-over-year. Furthermore, gross profit for the quarter was $47.4 million. The company saw record net revenues and also continues to return to growth in the foodservice industry as its customers welcome consumers back to their venues. Not resting on its laurels, the company also continues to make substantial investments in its long-term growth in the U.S. and abroad. Given all of this, will you consider investing in BYND stock right now?</p><p><blockquote>8月，该公司公布了第二季度财务数据。该季度净收入为1.494亿美元，同比增长31.8%。此外，该季度毛利润为4740万美元。该公司实现了创纪录的净收入，并且随着客户欢迎消费者回到他们的场所，餐饮服务行业也继续恢复增长。该公司并没有固步自封，还继续为其在美国和海外的长期增长进行大量投资。鉴于所有这些，您现在会考虑投资BYND股票吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/875119289e70dc28e620fb5eeb2d291b\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p> <b>[Read More]</b>&nbsp;What Stocks To Buy Today? 5 Tech Stocks To Watch</p><p><blockquote><b>[阅读更多]</b>今天买什么股票？5只值得关注的科技股</blockquote></p><p> Trip.com Group Ltd</p><p><blockquote>携程集团有限公司</blockquote></p><p> Following that, we have multinational online travel company<b>Trip.com</b>, a leading one-stop travel platform globally. It integrates a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in China and around the world. Impressively, it is currently one of the largest online travel agencies in China and also one of the largest travel service providers in the world.</p><p><blockquote>接下来，我们有跨国在线旅游公司<b>Trip.com</b>，全球领先的一站式旅游平台。它整合了一套全面的旅游产品和服务以及差异化的旅游内容。它是中国和世界各地游客的首选目的地。令人印象深刻的是，它是目前中国最大的在线旅行社之一，也是全球最大的旅游服务提供商之一。</blockquote></p><p> After yesterday’s closing bell, Trip.com posted solid figures in its second fiscal quarter earnings report. In it, the company saw a total revenue of $912 million for the quarter. This marks a significant year-over-year jump of 86%. In terms of net income, the company saw a 43% increase over the same period. CEO Jane Sun cites Trip.com’s focus on the domestic market as a core contributor to this solid quarter for the company. Overall, given this piece of news, will you consider adding TCOM stock to your portfolio right now?</p><p><blockquote>昨天收盘后，携程在第二财季财报中公布了稳健的数据。该公司本季度总收入为9.12亿美元。这标志着同比大幅增长86%。净利润方面，该公司同期增长了43%。首席执行官Jane Sun表示，携程对国内市场的关注是该公司本季度业绩强劲的核心贡献者。总体而言，鉴于这条消息，您现在会考虑将TCOM股票添加到您的投资组合中吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/781e08ea2e30a4f9c94020727b3e77bc\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOSVail Resorts Inc.</p><p><blockquote>资料来源：德美利证券TOSVail Resorts Inc.</blockquote></p><p> <b>Vail Resorts</b>is a leading global mountain resort operator. The company and its subsidiaries operate 37 destination mountain resorts and regional ski areas. In essence, it owns and/or manages a collection of casually elegant hotels under the RockResorts brand. It also has a development company that is in the real estate planning and development business. MTN stock is up by over 40% in the past year alone.</p><p><blockquote><b>韦尔度假村</b>是全球领先的山地度假村运营商。该公司及其子公司经营着37个目的地山地度假村和区域滑雪场。本质上，它拥有和/或管理RockResorts品牌下的一系列休闲优雅的酒店。它还拥有一家从事房地产规划和开发业务的开发公司。仅去年一年，MTN股价就上涨了40%以上。</blockquote></p><p></p><p> Recently, KeyBanc Capital Markets upgraded Vail Resorts to an Overweight rating from Sector Weight and hit it with a price target of $355. Analyst Brett Andreas says that demand for skiing vacations was exceeding expectations with some bookings already at record levels. Not to mention, the company continues to gain momentum on the financial front. In its fourth fiscal quarterearnings call, Vail reported a net income of $127.9 million, marking a sizable 29.4% year-over-year increase. After considering that pandemic-related factors still weigh on its key operations, the company’s fundamentals are admirable. Moreover, the company also declared a cash dividend of $0.88 per share, to investors’ delight. All things considered, will you buy MTN stock?</p><p><blockquote>最近，KeyBanc Capital Markets将Vail Resorts的评级从行业权重上调至跑赢大盘，并将其目标价定为355美元。分析师布雷特·安德烈亚斯表示，滑雪度假的需求超出了预期，一些预订量已经达到创纪录水平。更不用说，该公司在财务方面继续获得动力。在第四财季收益看涨期权中，韦尔公布净利润为1.279亿美元，同比大幅增长29.4%。在考虑到大流行相关因素仍然拖累其关键业务后，该公司的基本面令人钦佩。此外，该公司还宣布派发每股0.88美元的现金股息，令投资者感到高兴。综合考虑，您会购买MTN股票吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c596fd2c2dc3ef4d15e9c9dfa89b8147\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p> <b>[Read More]</b>&nbsp;4 Semiconductor Stocks To Watch Right Now</p><p><blockquote><b>[阅读更多]</b>目前值得关注的4只半导体股票</blockquote></p><p> Costco Wholesale Corporation</p><p><blockquote>好市多批发公司</blockquote></p><p> Next up, we will be taking a look at<b>Costco</b>. For the most part, the multinational consumer staples giant would be another player to consider in thestock market today. The main factor differentiating Costco from its retail competitors would be its membership-only big-box operations. Simply put, the company only caters to members and sells daily necessities in bulk. Amidst the ongoing pandemic and climate crises, Costco’s offerings could see greater demand from consumers.</p><p><blockquote>接下来，我们将看看<b>Costco</b>在很大程度上，这家跨国消费品巨头将是当今股市中另一个值得考虑的参与者。Costco区别于零售竞争对手的主要因素是其仅限会员的大卖场业务。简单来说，公司只迎合会员，散装销售日用品。在持续的大流行和气候危机中，好市多的产品可能会受到消费者更大的需求。</blockquote></p><p> By and large, with COST stock sitting on year-to-date gains of over 19%, could it be worth investing in? Well, for one thing, the company beat Wall Streets’ projections across the board in its latest quarterly earnings report. In detail, Costco posted an earnings per share of $3.76 on revenue of $62.7 billion for the quarter. For some perspective, consensus estimates suggest an earnings per share of $3.59 on revenue of $61.6 billion. All in all, would you consider adding COST stock to your portfolio?</p><p><blockquote>总的来说，成本股今年迄今的涨幅超过19%，值得投资吗？一方面，该公司在最新的季度收益报告中全面超出了华尔街的预测。具体而言，Costco公布本季度每股收益为3.76美元，营收为627亿美元。从某种角度来看，普遍预期每股收益为3.59美元，营收为616亿美元。总而言之，您会考虑将成本股票添加到您的投资组合中吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0412ae414ccd0df0d5f93302bd037b56\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p> <b>[Read More]</b>&nbsp;Top Stocks To Buy Now? 4 Renewable Energy Stocks For Your Watchlist</p><p><blockquote><b>[阅读更多]</b>现在最值得购买的股票？值得您关注的4只可再生能源股票</blockquote></p><p> Stitch Fix Inc.</p><p><blockquote>缝合修复公司。</blockquote></p><p> Another name to know in the consumer stock space now would be<b>Stitch Fix</b>. In brief, it is an online personal styling service. Through a combination of artificial intelligence and data science, Stitch Fix provides customers with personalized e-commerce experiences. Given the prevalence of online shopping throughout the pandemic, SFIX stock could be in focus among investors. In fact, the company’s shares are up by over 15% just this week on account of its solid earnings report.</p><p><blockquote>现在消费股领域另一个值得了解的名字是<b>缝合固定</b>简而言之，它是一种在线个人造型服务。通过人工智能和数据科学的结合，Stitch Fix为客户提供个性化的电子商务体验。鉴于在线购物在整个大流行期间的盛行，SFIX股票可能会成为投资者关注的焦点。事实上，由于其稳健的盈利报告，该公司股价仅本周就上涨了15%以上。</blockquote></p><p> Notably, Stitch Fix raked in a total revenue of $571.16 million for the quarter, marking a 28% year-over-year increase. Additionally, the company also reported massive year-over-year spikes of over 145% in both its net income and earnings per share. Despite beating analyst estimates on these fronts, Stitch Fix does not seem to be slowing down anytime soon. This appears to be the case as the company is expanding its services with Stitch Fix Freestyle, a “differentiated shopping experience”. This would give customers a more instant and flexible means of shopping on its platform. As such, could SFIX stock be a top pick in the stock market now?</p><p><blockquote>值得注意的是，Stitch Fix本季度总收入为5.7116亿美元，同比增长28%。此外，该公司还报告称，其净利润和每股收益同比大幅增长超过145%。尽管在这些方面超出了分析师的预期，但Stitch Fix似乎不会很快放缓。这似乎是因为该公司正在通过Stitch Fix Freestyle扩展其服务，这是一种“差异化的购物体验”。这将为客户提供一种更即时、更灵活的方式在其平台上购物。因此，SFIX股票现在能成为股市的首选吗？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/5-top-consumer-stocks-to-watch-ahead-of-october-2021-2021-09-24\">Nasdaq</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","SFIX":"Stitch Fix Inc.","BYND":"Beyond Meat, Inc.","TCOM":"携程网","COST":"好市多","NKE":"耐克"},"source_url":"https://www.nasdaq.com/articles/5-top-consumer-stocks-to-watch-ahead-of-october-2021-2021-09-24","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188909032","content_text":"Do You Have These Top Consumer Stocks On Your Radar Now?\nThe past trading week has been exciting, to say the least. Despite all of the ups and downs,consumer stockscontinue to make waves in thestock market today. If anything, the consumer-focused industry continues to hold strong now. This is evident as August’s retail sales figures smashed expectations, rising by 0.7% versus an estimated drop of 0.8%. Moreover, the current broad-based rebound in thestock marketcould indicate that investors’ sentiment on the economy is improving.\nEvidently, we could look at the likes ofRoku(NASDAQ: ROKU) right now. Just yesterday, Guggenheim analyst Michael Morris provided a positive update on the stock. Namely, Morris hit ROKU stock with a Buy rating and a price target of $395. Morris cites Roku’s aggressive expansion of its original content and penetration of international markets as core reasons for the upgrade.\nAt the same time, there is some interesting movement going on withNike’s(NYSE: NKE) shares as well. Yesterday, the company posted its first-quarter earnings after the closing bell. In short, Nike reported an earnings per share of $1.16 on revenue of $12.25 billion for the quarter. This is against estimates of $1.11 and $12.46 billion. Investors appear to be focusing on Nike’s revenue miss which is mostly due to temporary supply chain pressures. Regardless, as one of the biggest names in the sports apparel industry globally, some could see opportunity in NKE stocks’ current weakness. With all this activity in the space now, could one of these consumer stocks be worth investing in?\nBest Consumer Stocks To Buy [Or Sell] Today\n\nBeyond Meat Inc.(NASDAQ: BYND)\nTrip.com Group Ltd.(NASDAQ: TCOM)\nVail Resorts Inc.(NYSE: MTN)\nCostco Wholesale Corporation(NASDAQ: COST)\nStitch Fix Inc.(NASDAQ: SFIX)\n\nBeyond Meat Inc.\nBeyond Meatis a plant-based meat substitutes retailer with headquarters in California. The company offers plant-based options in the beef, poultry, and pork categories. In fact, it is one of the fastest-growing food companies in the U.S. as more people are increasingly alternating to plant-based options. Its products are designed to have the same taste and texture as animal-based meat while being the better option for the environment. BYND stock has almost doubled in valuation since its pandemic era low.\nIn August, the company reported its second-quarter financials. Diving in, net revenue for the quarter was $149.4 million, increasing by 31.8% year-over-year. Furthermore, gross profit for the quarter was $47.4 million. The company saw record net revenues and also continues to return to growth in the foodservice industry as its customers welcome consumers back to their venues. Not resting on its laurels, the company also continues to make substantial investments in its long-term growth in the U.S. and abroad. Given all of this, will you consider investing in BYND stock right now?\nSource: TD Ameritrade TOS\n[Read More] What Stocks To Buy Today? 5 Tech Stocks To Watch\nTrip.com Group Ltd\nFollowing that, we have multinational online travel companyTrip.com, a leading one-stop travel platform globally. It integrates a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in China and around the world. Impressively, it is currently one of the largest online travel agencies in China and also one of the largest travel service providers in the world.\nAfter yesterday’s closing bell, Trip.com posted solid figures in its second fiscal quarter earnings report. In it, the company saw a total revenue of $912 million for the quarter. This marks a significant year-over-year jump of 86%. In terms of net income, the company saw a 43% increase over the same period. CEO Jane Sun cites Trip.com’s focus on the domestic market as a core contributor to this solid quarter for the company. Overall, given this piece of news, will you consider adding TCOM stock to your portfolio right now?\nSource: TD Ameritrade TOSVail Resorts Inc.\nVail Resortsis a leading global mountain resort operator. The company and its subsidiaries operate 37 destination mountain resorts and regional ski areas. In essence, it owns and/or manages a collection of casually elegant hotels under the RockResorts brand. It also has a development company that is in the real estate planning and development business. MTN stock is up by over 40% in the past year alone.\nRecently, KeyBanc Capital Markets upgraded Vail Resorts to an Overweight rating from Sector Weight and hit it with a price target of $355. Analyst Brett Andreas says that demand for skiing vacations was exceeding expectations with some bookings already at record levels. Not to mention, the company continues to gain momentum on the financial front. In its fourth fiscal quarterearnings call, Vail reported a net income of $127.9 million, marking a sizable 29.4% year-over-year increase. After considering that pandemic-related factors still weigh on its key operations, the company’s fundamentals are admirable. Moreover, the company also declared a cash dividend of $0.88 per share, to investors’ delight. All things considered, will you buy MTN stock?\nSource: TD Ameritrade TOS\n[Read More] 4 Semiconductor Stocks To Watch Right Now\nCostco Wholesale Corporation\nNext up, we will be taking a look atCostco. For the most part, the multinational consumer staples giant would be another player to consider in thestock market today. The main factor differentiating Costco from its retail competitors would be its membership-only big-box operations. Simply put, the company only caters to members and sells daily necessities in bulk. Amidst the ongoing pandemic and climate crises, Costco’s offerings could see greater demand from consumers.\nBy and large, with COST stock sitting on year-to-date gains of over 19%, could it be worth investing in? Well, for one thing, the company beat Wall Streets’ projections across the board in its latest quarterly earnings report. In detail, Costco posted an earnings per share of $3.76 on revenue of $62.7 billion for the quarter. For some perspective, consensus estimates suggest an earnings per share of $3.59 on revenue of $61.6 billion. All in all, would you consider adding COST stock to your portfolio?\nSource: TD Ameritrade TOS\n[Read More] Top Stocks To Buy Now? 4 Renewable Energy Stocks For Your Watchlist\nStitch Fix Inc.\nAnother name to know in the consumer stock space now would beStitch Fix. In brief, it is an online personal styling service. Through a combination of artificial intelligence and data science, Stitch Fix provides customers with personalized e-commerce experiences. Given the prevalence of online shopping throughout the pandemic, SFIX stock could be in focus among investors. In fact, the company’s shares are up by over 15% just this week on account of its solid earnings report.\nNotably, Stitch Fix raked in a total revenue of $571.16 million for the quarter, marking a 28% year-over-year increase. Additionally, the company also reported massive year-over-year spikes of over 145% in both its net income and earnings per share. Despite beating analyst estimates on these fronts, Stitch Fix does not seem to be slowing down anytime soon. This appears to be the case as the company is expanding its services with Stitch Fix Freestyle, a “differentiated shopping experience”. This would give customers a more instant and flexible means of shopping on its platform. As such, could SFIX stock be a top pick in the stock market now?","news_type":1,"symbols_score_info":{"ROKU":0.9,"COST":0.9,"SFIX":0.9,"BYND":0.9,"TCOM":0.9,"NKE":0.9}},"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":882335451,"gmtCreate":1631661199573,"gmtModify":1631889184137,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/002594\">$Byd Company Limited(002594)$</a>small gain","listText":"<a href=\"https://laohu8.com/S/002594\">$Byd Company Limited(002594)$</a>small gain","text":"$Byd Company Limited(002594)$small gain","images":[{"img":"https://static.tigerbbs.com/0a864505781821e2570b5215b7b7f85f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":2,"link":"https://laohu8.com/post/882335451","isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":883191131,"gmtCreate":1631221947123,"gmtModify":1631889881594,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/883191131","repostId":"1176976417","repostType":4,"repost":{"id":"1176976417","kind":"news","pubTimestamp":1631197026,"share":"https://www.laohu8.com/m/news/1176976417?lang=zh_CN&edition=full","pubTime":"2021-09-09 22:17","market":"us","language":"en","title":"White House Will Announce Drug-Pricing Plan, WSJ Says. Pharma Stocks Are Down.<blockquote>《华尔街日报》称，白宫将宣布药品定价计划。医药股下跌。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176976417","media":"Barron's","summary":"The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according","content":"<p>The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according to a report out early Thursday from <i>The Wall Street Journal</i>.</p><p><blockquote>根据周四早些时候发布的一份报告，白宫将于周四制定一项降低处方药价格的计划。<i>华尔街日报</i>.</blockquote></p><p> The plan will allow Medicare to negotiate on drug pricing, and would allow the Department of Health and Human Services to test linking payments for drugs to how the drugs benefit patients, according to the <i>Journal</i> report.</p><p><blockquote>该计划将允许医疗保险就药品定价进行谈判，并允许卫生与公众服务部测试将药品支付与药品如何造福患者联系起来。<i>杂志</i>报告。</blockquote></p><p> The plan would come amid an effort from Congressional Democrats to enact drug-pricing legislation. Both parties have supported efforts to cut prescription- drug prices, though the Trump administration made little progress on the issue.</p><p><blockquote>该计划是在国会民主党人努力制定药品定价立法之际出台的。两党都支持降低处方药价格的努力，尽管特朗普政府在这个问题上进展甚微。</blockquote></p><p> The S&amp;P 500 Pharmaceuticals index is up 14.9% so far this year, trailing behind the broader S&amp;P 500,&nbsp;which has risen 20.2%. The SPDR S&amp;P Biotech</p><p><blockquote>标普500制药指数今年迄今已上涨14.9%，落后于上涨20.2%的大盘标普500。SPDR标准普尔生物技术公司</blockquote></p><p> exchange- traded fund (ticker: XBI), which largely tracks the small and midcap biotech sector, has declined 6% over the same period.</p><p><blockquote>主要跟踪中小型生物技术行业的交易所交易基金（股票代码：XBI）同期下跌了6%。</blockquote></p><p> Shares of pharma firms were down in the early morning on Thursday. Pfizer (PFE) shares were down 0.26% in early trading, while Eli Lilly(LLY) shares were down 2.46%, Merck (MRK) shares fell 1.17%, and Johnson &amp; Johnson&nbsp;(JNJ) shares declined 0.7%.</p><p><blockquote>周四凌晨，制药公司股价下跌。辉瑞(PFE)股价早盘下跌0.26%，礼来(LLY)股价下跌2.46%，默克(MRK)股价下跌1.17%，强生(JNJ)股价下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f3b476333002ca1b549be932aa2a442\" tg-width=\"275\" tg-height=\"163\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Worries over efforts to limit drug prices have been a long-term overhang on the biotech and pharmaceutical industries. Some analysts have suggested that renewed concerns over drug-price legislation could be one driver behind the recent weakness in biotech stocks.</p><p><blockquote>对限制药品价格努力的担忧长期以来一直困扰着生物技术和制药行业。一些分析师表示，对药品价格立法的新担忧可能是生物科技股近期疲软的驱动因素之一。</blockquote></p><p> According to the <i>Journal</i>, the pharmaceutical industry trade group PhRMA is pushing back against the reported White House proposal, and the Democrats’ efforts in Congress, saying on a press call on Wednesday that allowing Medicare to negotiate for drug pricing would mean less money to fund the development of new drugs.</p><p><blockquote>根据<i>杂志</i>制药行业贸易组织PhRMA正在抵制据报道的白宫提案以及民主党在国会的努力，在周三的新闻看涨期权上表示，允许医疗保险就药品定价进行谈判将意味着用于资助新药开发的资金减少药物。</blockquote></p><p> “The proposals that we’re seeing from Congress will devastate this industry,” Merck chairman Kenneth Frazier said on the press call, according to a report from the news outlet Fierce Pharma, which tracks the industry. “While large companies like Merck will survive, we will do significantly less research.”</p><p><blockquote>据跟踪该行业的新闻媒体Fierce Pharma报道，默克董事长Kenneth Frazier在新闻看涨期权上表示：“我们从国会看到的提案将摧毁这个行业。”“虽然像默克这样的大公司将生存下来，但我们所做的研究将大大减少。”</blockquote></p><p> Lilly CEO David Ricks also spoke on the call.</p><p><blockquote>礼来公司首席执行官David Ricks也在看涨期权上发表了讲话。</blockquote></p><p> “From the drug industry perspective, the creation of a price negotiation mechanism would be a material negative (as its role may expand over time),” Bernstein analyst Ronny Gal wrote in a note out Tuesday.</p><p><blockquote>伯恩斯坦分析师罗尼·加尔在周二发布的一份报告中写道：“从制药行业的角度来看，价格谈判机制的建立将是一个重大的负面影响（因为其作用可能会随着时间的推移而扩大）。”</blockquote></p><p> In addition to the drug-pricing plan, the <i>New York Times</i> reported that President Biden will announce a plan on Thursday to push businesses, schools, and the federal government to adopt strict vaccination policies.</p><p><blockquote>除药品定价方案外，<i>纽约时报</i>报道称，拜登总统将于周四宣布一项计划，推动企业、学校和联邦政府采取严格的疫苗接种政策。</blockquote></p><p></p>","source":"lsy1610680873436","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>White House Will Announce Drug-Pricing Plan, WSJ Says. Pharma Stocks Are Down.<blockquote>《华尔街日报》称，白宫将宣布药品定价计划。医药股下跌。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhite House Will Announce Drug-Pricing Plan, WSJ Says. Pharma Stocks Are Down.<blockquote>《华尔街日报》称，白宫将宣布药品定价计划。医药股下跌。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-09-09 22:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according to a report out early Thursday from <i>The Wall Street Journal</i>.</p><p><blockquote>根据周四早些时候发布的一份报告，白宫将于周四制定一项降低处方药价格的计划。<i>华尔街日报</i>.</blockquote></p><p> The plan will allow Medicare to negotiate on drug pricing, and would allow the Department of Health and Human Services to test linking payments for drugs to how the drugs benefit patients, according to the <i>Journal</i> report.</p><p><blockquote>该计划将允许医疗保险就药品定价进行谈判，并允许卫生与公众服务部测试将药品支付与药品如何造福患者联系起来。<i>杂志</i>报告。</blockquote></p><p> The plan would come amid an effort from Congressional Democrats to enact drug-pricing legislation. Both parties have supported efforts to cut prescription- drug prices, though the Trump administration made little progress on the issue.</p><p><blockquote>该计划是在国会民主党人努力制定药品定价立法之际出台的。两党都支持降低处方药价格的努力，尽管特朗普政府在这个问题上进展甚微。</blockquote></p><p> The S&amp;P 500 Pharmaceuticals index is up 14.9% so far this year, trailing behind the broader S&amp;P 500,&nbsp;which has risen 20.2%. The SPDR S&amp;P Biotech</p><p><blockquote>标普500制药指数今年迄今已上涨14.9%，落后于上涨20.2%的大盘标普500。SPDR标准普尔生物技术公司</blockquote></p><p> exchange- traded fund (ticker: XBI), which largely tracks the small and midcap biotech sector, has declined 6% over the same period.</p><p><blockquote>主要跟踪中小型生物技术行业的交易所交易基金（股票代码：XBI）同期下跌了6%。</blockquote></p><p> Shares of pharma firms were down in the early morning on Thursday. Pfizer (PFE) shares were down 0.26% in early trading, while Eli Lilly(LLY) shares were down 2.46%, Merck (MRK) shares fell 1.17%, and Johnson &amp; Johnson&nbsp;(JNJ) shares declined 0.7%.</p><p><blockquote>周四凌晨，制药公司股价下跌。辉瑞(PFE)股价早盘下跌0.26%，礼来(LLY)股价下跌2.46%，默克(MRK)股价下跌1.17%，强生(JNJ)股价下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f3b476333002ca1b549be932aa2a442\" tg-width=\"275\" tg-height=\"163\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Worries over efforts to limit drug prices have been a long-term overhang on the biotech and pharmaceutical industries. Some analysts have suggested that renewed concerns over drug-price legislation could be one driver behind the recent weakness in biotech stocks.</p><p><blockquote>对限制药品价格努力的担忧长期以来一直困扰着生物技术和制药行业。一些分析师表示，对药品价格立法的新担忧可能是生物科技股近期疲软的驱动因素之一。</blockquote></p><p> According to the <i>Journal</i>, the pharmaceutical industry trade group PhRMA is pushing back against the reported White House proposal, and the Democrats’ efforts in Congress, saying on a press call on Wednesday that allowing Medicare to negotiate for drug pricing would mean less money to fund the development of new drugs.</p><p><blockquote>根据<i>杂志</i>制药行业贸易组织PhRMA正在抵制据报道的白宫提案以及民主党在国会的努力，在周三的新闻看涨期权上表示，允许医疗保险就药品定价进行谈判将意味着用于资助新药开发的资金减少药物。</blockquote></p><p> “The proposals that we’re seeing from Congress will devastate this industry,” Merck chairman Kenneth Frazier said on the press call, according to a report from the news outlet Fierce Pharma, which tracks the industry. “While large companies like Merck will survive, we will do significantly less research.”</p><p><blockquote>据跟踪该行业的新闻媒体Fierce Pharma报道，默克董事长Kenneth Frazier在新闻看涨期权上表示：“我们从国会看到的提案将摧毁这个行业。”“虽然像默克这样的大公司将生存下来，但我们所做的研究将大大减少。”</blockquote></p><p> Lilly CEO David Ricks also spoke on the call.</p><p><blockquote>礼来公司首席执行官David Ricks也在看涨期权上发表了讲话。</blockquote></p><p> “From the drug industry perspective, the creation of a price negotiation mechanism would be a material negative (as its role may expand over time),” Bernstein analyst Ronny Gal wrote in a note out Tuesday.</p><p><blockquote>伯恩斯坦分析师罗尼·加尔在周二发布的一份报告中写道：“从制药行业的角度来看，价格谈判机制的建立将是一个重大的负面影响（因为其作用可能会随着时间的推移而扩大）。”</blockquote></p><p> In addition to the drug-pricing plan, the <i>New York Times</i> reported that President Biden will announce a plan on Thursday to push businesses, schools, and the federal government to adopt strict vaccination policies.</p><p><blockquote>除药品定价方案外，<i>纽约时报</i>报道称，拜登总统将于周四宣布一项计划，推动企业、学校和联邦政府采取严格的疫苗接种政策。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/articles/white-house-drug-pricing-pharma-stocks-51631195642?mod=mw_latestnews\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","LLY":"礼来","JNJ":"强生"},"source_url":"https://www.marketwatch.com/articles/white-house-drug-pricing-pharma-stocks-51631195642?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176976417","content_text":"The White House is set to lay out a plan on Thursday to cut prices for prescription drugs, according to a report out early Thursday from The Wall Street Journal.\nThe plan will allow Medicare to negotiate on drug pricing, and would allow the Department of Health and Human Services to test linking payments for drugs to how the drugs benefit patients, according to the Journal report.\nThe plan would come amid an effort from Congressional Democrats to enact drug-pricing legislation. Both parties have supported efforts to cut prescription- drug prices, though the Trump administration made little progress on the issue.\nThe S&P 500 Pharmaceuticals index is up 14.9% so far this year, trailing behind the broader S&P 500, which has risen 20.2%. The SPDR S&P Biotech\nexchange- traded fund (ticker: XBI), which largely tracks the small and midcap biotech sector, has declined 6% over the same period.\nShares of pharma firms were down in the early morning on Thursday. Pfizer (PFE) shares were down 0.26% in early trading, while Eli Lilly(LLY) shares were down 2.46%, Merck (MRK) shares fell 1.17%, and Johnson & Johnson (JNJ) shares declined 0.7%.\n\nWorries over efforts to limit drug prices have been a long-term overhang on the biotech and pharmaceutical industries. Some analysts have suggested that renewed concerns over drug-price legislation could be one driver behind the recent weakness in biotech stocks.\nAccording to the Journal, the pharmaceutical industry trade group PhRMA is pushing back against the reported White House proposal, and the Democrats’ efforts in Congress, saying on a press call on Wednesday that allowing Medicare to negotiate for drug pricing would mean less money to fund the development of new drugs.\n“The proposals that we’re seeing from Congress will devastate this industry,” Merck chairman Kenneth Frazier said on the press call, according to a report from the news outlet Fierce Pharma, which tracks the industry. “While large companies like Merck will survive, we will do significantly less research.”\nLilly CEO David Ricks also spoke on the call.\n“From the drug industry perspective, the creation of a price negotiation mechanism would be a material negative (as its role may expand over time),” Bernstein analyst Ronny Gal wrote in a note out Tuesday.\nIn addition to the drug-pricing plan, the New York Times reported that President Biden will announce a plan on Thursday to push businesses, schools, and the federal government to adopt strict vaccination policies.","news_type":1,"symbols_score_info":{"JNJ":0.9,"LLY":0.9,"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884248877,"gmtCreate":1631899412199,"gmtModify":1632805465590,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"I tot the new rugular is benefit NIo whom is establish the personal data control.. only afftect small ev company","listText":"I tot the new rugular is benefit NIo whom is establish the personal data control.. only afftect small ev company","text":"I tot the new rugular is benefit NIo whom is establish the personal data control.. only afftect small ev company","images":[{"img":"https://static.tigerbbs.com/97a1a55e141c6838e8b6410ad2334d97","width":"1080","height":"1055"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":2,"link":"https://laohu8.com/post/884248877","isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":834046175,"gmtCreate":1629764179997,"gmtModify":1631892393955,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>good and strong mometum.","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>good and strong mometum.","text":"$NIO Inc.(NIO)$good and strong mometum.","images":[{"img":"https://static.tigerbbs.com/cb5c4056499b985ed6397e7906e72944","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/834046175","isVote":1,"tweetType":1,"viewCount":633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":875241838,"gmtCreate":1637661944761,"gmtModify":1637662198712,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Adjusted net profit is improved. But operating profit is lower than last year.. what are the major item adjusted&nbsp;","listText":"Adjusted net profit is improved. But operating profit is lower than last year.. what are the major item adjusted&nbsp;","text":"Adjusted net profit is improved. But operating profit is lower than last year.. what are the major item adjusted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875241838","repostId":"1150608449","repostType":2,"repost":{"id":"1150608449","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":1637661249,"share":"https://www.laohu8.com/m/news/1150608449?lang=zh_CN&edition=full","pubTime":"2021-11-23 17:54","market":"us","language":"en","title":"XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.<blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150608449","media":"Tiger Newspress","summary":"XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-ove","content":"<p>XIAOMI's&nbsp;total revenue amounted to RMB78.1 billion&nbsp;for&nbsp;Q3, representing an increase of 8.2% year-over-year.</p><p><blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8abaa185fe9a2742dc48b32195311e11\" tg-width=\"1132\" tg-height=\"556\" referrerpolicy=\"no-referrer\">In the third quarter of 2021, smartphone revenue totaled RMB47.8 billion with a gross margin of 12.8%, an increase of 4.4 percentage points year-over-year. Despite the global supply shortage of key components, smartphone shipments in the quarter still reached 43.9 million. According to Canalys, global smartphone shipments ranked No. 3 in the third quarter of 2021, with a market share of 13.5%.</p><p><blockquote>2021年第三季度，智能手机收入总额为人民币478亿元，毛利率为12.8%，同比增长4.4个百分点。尽管全球关键零部件供应短缺，该季度智能手机出货量仍达到4390万部。根据Canalys的数据，2021年第三季度全球智能手机出货量排名第3，市场份额为13.5%。</blockquote></p><p> IoT and lifestyle products segment revenue was RMB20.9 billion during the third quarter of 2021, increasing 15.5% year-over-year. Notably, overseas IoT and lifestyle products revenue reached a new record high despite the challenges in maritime shipping logistics overseas this quarter.</p><p><blockquote>2021年第三季度，物联网和生活产品部门收入为人民币209亿元，同比增长15.5%。值得注意的是，尽管本季度海外海运物流面临挑战，但海外物联网和生活方式产品收入仍创下历史新高。</blockquote></p><p> In the third quarter of 2021, revenue from&nbsp;internet services segment rose to RMB7.3 billion, reaching a new quarterly high, representing an increase of 27.1% year-over-year. The gross profit margin of&nbsp;internet services segment was 73.6%, 13.1 percentage points higher than the same period of last year.</p><p><blockquote>2021年第三季度，互联网服务业务收入增至人民币73亿元，创季度新高，同比增长27.1%。互联网服务板块毛利率为73.6%，较去年同期高13.1个百分点。</blockquote></p><p> The&nbsp;revenue from overseas markets reached RMB40.9 billion during the third quarter of 2021, accounting for 52.4% of total revenue. Despite the global shortage of key components, company solidified&nbsp;market position by optimizing global market resource allocation and reinforcing&nbsp;channels in accordance with local market conditions. According to Canalys,&nbsp;market share of smartphone shipments in the third quarter ranked No. 1 in 11 countries and regions and among the top five in 59 countries and regions globally.</p><p><blockquote>2021年第三季度来自海外市场的收入达到人民币409亿元，占总收入的52.4%。在全球关键零部件短缺的情况下，公司通过优化全球市场资源配置，根据当地市场情况加强渠道建设，巩固了市场地位。根据Canalys的数据，第三季度智能手机出货量市场份额在11个国家和地区排名第一，在全球59个国家和地区排名前五。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.<blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.<blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-23 17:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>XIAOMI's&nbsp;total revenue amounted to RMB78.1 billion&nbsp;for&nbsp;Q3, representing an increase of 8.2% year-over-year.</p><p><blockquote>小米第三季度总收入为人民币781亿元，同比增长8.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8abaa185fe9a2742dc48b32195311e11\" tg-width=\"1132\" tg-height=\"556\" referrerpolicy=\"no-referrer\">In the third quarter of 2021, smartphone revenue totaled RMB47.8 billion with a gross margin of 12.8%, an increase of 4.4 percentage points year-over-year. Despite the global supply shortage of key components, smartphone shipments in the quarter still reached 43.9 million. According to Canalys, global smartphone shipments ranked No. 3 in the third quarter of 2021, with a market share of 13.5%.</p><p><blockquote>2021年第三季度，智能手机收入总额为人民币478亿元，毛利率为12.8%，同比增长4.4个百分点。尽管全球关键零部件供应短缺，该季度智能手机出货量仍达到4390万部。根据Canalys的数据，2021年第三季度全球智能手机出货量排名第3，市场份额为13.5%。</blockquote></p><p> IoT and lifestyle products segment revenue was RMB20.9 billion during the third quarter of 2021, increasing 15.5% year-over-year. Notably, overseas IoT and lifestyle products revenue reached a new record high despite the challenges in maritime shipping logistics overseas this quarter.</p><p><blockquote>2021年第三季度，物联网和生活产品部门收入为人民币209亿元，同比增长15.5%。值得注意的是，尽管本季度海外海运物流面临挑战，但海外物联网和生活方式产品收入仍创下历史新高。</blockquote></p><p> In the third quarter of 2021, revenue from&nbsp;internet services segment rose to RMB7.3 billion, reaching a new quarterly high, representing an increase of 27.1% year-over-year. The gross profit margin of&nbsp;internet services segment was 73.6%, 13.1 percentage points higher than the same period of last year.</p><p><blockquote>2021年第三季度，互联网服务业务收入增至人民币73亿元，创季度新高，同比增长27.1%。互联网服务板块毛利率为73.6%，较去年同期高13.1个百分点。</blockquote></p><p> The&nbsp;revenue from overseas markets reached RMB40.9 billion during the third quarter of 2021, accounting for 52.4% of total revenue. Despite the global shortage of key components, company solidified&nbsp;market position by optimizing global market resource allocation and reinforcing&nbsp;channels in accordance with local market conditions. According to Canalys,&nbsp;market share of smartphone shipments in the third quarter ranked No. 1 in 11 countries and regions and among the top five in 59 countries and regions globally.</p><p><blockquote>2021年第三季度来自海外市场的收入达到人民币409亿元，占总收入的52.4%。在全球关键零部件短缺的情况下，公司通过优化全球市场资源配置，根据当地市场情况加强渠道建设，巩固了市场地位。根据Canalys的数据，第三季度智能手机出货量市场份额在11个国家和地区排名第一，在全球59个国家和地区排名前五。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150608449","content_text":"XIAOMI's total revenue amounted to RMB78.1 billion for Q3, representing an increase of 8.2% year-over-year.\nIn the third quarter of 2021, smartphone revenue totaled RMB47.8 billion with a gross margin of 12.8%, an increase of 4.4 percentage points year-over-year. Despite the global supply shortage of key components, smartphone shipments in the quarter still reached 43.9 million. According to Canalys, global smartphone shipments ranked No. 3 in the third quarter of 2021, with a market share of 13.5%.\nIoT and lifestyle products segment revenue was RMB20.9 billion during the third quarter of 2021, increasing 15.5% year-over-year. Notably, overseas IoT and lifestyle products revenue reached a new record high despite the challenges in maritime shipping logistics overseas this quarter.\nIn the third quarter of 2021, revenue from internet services segment rose to RMB7.3 billion, reaching a new quarterly high, representing an increase of 27.1% year-over-year. The gross profit margin of internet services segment was 73.6%, 13.1 percentage points higher than the same period of last year.\nThe revenue from overseas markets reached RMB40.9 billion during the third quarter of 2021, accounting for 52.4% of total revenue. Despite the global shortage of key components, company solidified market position by optimizing global market resource allocation and reinforcing channels in accordance with local market conditions. According to Canalys, market share of smartphone shipments in the third quarter ranked No. 1 in 11 countries and regions and among the top five in 59 countries and regions globally.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":2764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":830067209,"gmtCreate":1628994406201,"gmtModify":1633688106397,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Traditional car automaker will need to go thru change in their previous investment in petrol production line to EV production line.. huge investment loss to write off.. hence the speed of EV plan is slow.&nbsp;","listText":"Traditional car automaker will need to go thru change in their previous investment in petrol production line to EV production line.. huge investment loss to write off.. hence the speed of EV plan is slow.&nbsp;","text":"Traditional car automaker will need to go thru change in their previous investment in petrol production line to EV production line.. huge investment loss to write off.. hence the speed of EV plan is slow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/830067209","repostId":"2159214569","repostType":4,"repost":{"id":"2159214569","kind":"highlight","pubTimestamp":1628989290,"share":"https://www.laohu8.com/m/news/2159214569?lang=zh_CN&edition=full","pubTime":"2021-08-15 09:01","market":"us","language":"en","title":"How to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比，如何评估蔚来股票的价值</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159214569","media":"MarkeWatch","summary":"Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.So where does Nio $$","content":"<p>Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.</p><p><blockquote>蔚来可能是一家相对较小的公司。但投资者看好这家中国电动汽车制造商的前景。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459f713c5dfcf08752165d643a5f1463\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>A Nio store in downtown Shanghai. (Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>上海市中心的一家蔚来店。（盖蒂图片社）</span></p></blockquote></p><p> Chinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.</p><p><blockquote>中国电动汽车制造商蔚来在美国不销售汽车，其市值为602亿美元。以此衡量，它比1903年成立的福特汽车公司还要大。</blockquote></p><p> That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.</p><p><blockquote>作为投资者，这对您来说可能是有意义的——毕竟，蔚来是一家只销售电动汽车的创新公司。福特是一家传统汽车制造商，正在努力迎头赶上并最终全面过渡到电动汽车。蔚来的股价在过去一年上涨了两倍多，而福特的股价在过去十年暴跌后几乎翻了一番。</blockquote></p><p> So where does Nio <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.</p><p><blockquote>那么蔚来在哪里<a href=\"https://laohu8.com/S/NIO\">$（蔚来）$</a>该公司在周三股市收盘后公布了第二季度业绩，符合投资理论吗？下面的屏幕显示了其股票估值与汽车产量的比较，以及该估值与2025年预计收益的关系。</blockquote></p><p> <b>Doubling car production</b></p><p><blockquote><b>汽车产量翻倍</b></blockquote></p><p> For the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.</p><p><blockquote>第二季度，蔚来交付了21,896辆汽车，同比增长112%。增长令人印象深刻，但销售的车辆总数仍然相对较少。</blockquote></p><p> Here's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:</p><p><blockquote>以下是按市值计算的10家最大汽车制造商，以及它们第二季度的销售额或交付量（如果两者都报告，以较高者为准）以及表下方的附加颜色：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9e9aed76c94544dbe44cde9f7c8bebc\" tg-width=\"931\" tg-height=\"761\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> You can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc.&nbsp;and Nio, on this list -- may (or may not) become as large as legacy players.</p><p><blockquote><table><tbody><tr></tr></tbody></table>你可以看到，这些估值是关于未来的，届时电动汽车领域的创新者——名单上的特斯拉公司和蔚来——可能（也可能不会）变得与传统企业一样大。</blockquote></p><p> For now, Ford churns out mostly internal combustion engine&nbsp;vehicles at nearly 35 times the rate that Nio makes EVs.</p><p><blockquote>目前，福特主要生产内燃机汽车，其速度几乎是蔚来电动汽车生产速度的35倍。</blockquote></p><p> One thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.</p><p><blockquote>需要注意的一件事是，传统汽车制造商并不都以相同的方式报告其销量。大多数人都没有公布电动汽车销量。</blockquote></p><p> Among those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:</p><p><blockquote>在那些这样做的国家中，定义各不相同。例如，丰田汽车公司（7203.TO）报告称，第二季度“电动汽车”销量占汽车总销量的26.6%。但该类别包括：</blockquote></p><p> For Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.</p><p><blockquote>对于丰田来说，纯电动汽车仅占第二季度销量的0.2%，而蔚来和特斯拉则占100%。丰田的PHEV销量占总销量的1.4%。</blockquote></p><p> Volkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.</p><p><blockquote>大众汽车公司报告称，电动汽车销量包括PHEV（占第二季度销量的6.7%）和BEV（占总销量的4.4%）。这些数字令人印象深刻：总计11.1%。</blockquote></p><p> For Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.</p><p><blockquote>对于Bayerische Motoren Werke Aktiengesellschaft（更广为人知的名称是BWM Group）来说，第二季度电动汽车交付量的细分数据尚未公布，但2021年上半年，交付了153,243辆全电动或插电式混合动力汽车，或占总交付量的11.4%。</blockquote></p><p> <b>Valuation to earnings estimates</b></p><p><blockquote><b>估值与盈利预测之比</b></blockquote></p><p> For companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.</p><p><blockquote>对于处于早期阶段的公司来说，市盈率的比较可能意义不大。这类公司关注的是增长而不是利润。这方面的一个例子是亚马逊公司。<a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>几十年来，该公司的市盈率一直很高，因为它一直在努力扩展到新的业务领域，但牺牲了利润。</blockquote></p><p> A high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.</p><p><blockquote>高市盈率可以反映投资者对创新的热情，就电动汽车而言，也可以反映行业转型的政治共识。因此，蔚来和特斯拉的市盈率远高于传统汽车制造商。</blockquote></p><p> Then again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.</p><p><blockquote>话又说回来，非常低的市盈率可能表明投资者对老牌制造商过于蔑视，因为他们利用持续大量销售传统汽车的现金流来资助电动汽车的开发。机会可能会凸显。</blockquote></p><p> Normally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.</p><p><blockquote>通常，远期市盈率的计算方法是将股价除以12个月每股收益的滚动共识估计。这并不适用于此处列出的所有公司，因此我们使用对2022年净利润的共识估计。</blockquote></p><p> First, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:</p><p><blockquote>首先，以下是基于当前市值和FactSet调查的分析师对2022年普遍预期的市盈率。该表包括截至2025年的年度预测，以及基于当前市值和2025年预测的市盈率：</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/459439c822252d09b3dfb73cc5d51211\" tg-width=\"1058\" tg-height=\"743\" width=\"100%\" height=\"auto\"> Nio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&amp;P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.</p><p><blockquote>蔚来预计将于2023年实现盈利。展望2024年，其远期市盈率低于特斯拉。为了正确看待未来市盈率估值，标普500指数的加权交易价格是2022年每股收益普遍预期的20.5倍。</blockquote></p><p> <b>Valuation to sales</b></p><p><blockquote><b>估值与销售额之比</b></blockquote></p><p> <table>  <tbody>   <tr></tr>   <tr></tr>  </tbody> </table> Forward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.</p><p><blockquote><table><tbody><tr></tr><tr></tr></tbody></table>对于利润较低或净亏损的早期公司来说，远期市销率估计可能更有用。话又说回来，同样的扭曲也适用：投资者现在喜欢纯电动汽车制造商，当你考虑到蔚来的股价在过去一年中上涨了两倍多，而特斯拉的股价却上涨了150%时，他们可能会为它们支付过高的价格。</blockquote></p><p> Here's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:</p><p><blockquote>以下是一组推动市销率的类似数据，再次使用当前市值（在本文顶部的第一个表格中）和以百万美元为单位的共识全年估计：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c8c0b7d002e07914e42fcdf0e624b25c\" tg-width=\"1051\" tg-height=\"668\" width=\"100%\" height=\"auto\"> For reference, the S&amp;P 500 trades for 2.7 times its consensus 2022 sales estimate.</p><p><blockquote>作为参考，标普500的交易价格是其2022年普遍销售预期的2.7倍。</blockquote></p><p> <table>  <tbody>   <tr></tr>  </tbody> </table> <b>Analysts' opinions</b></p><p><blockquote><table><tbody><tr></tr></tbody></table><b>分析师观点</b></blockquote></p><p> Here's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:</p><p><blockquote>以下是FactSet调查的分析师对10家汽车制造商的看法摘要。对于主要在美国以外上市的公司，使用当地股票代码。所有股价和目标均以当地货币计算：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32f38063eabf2e93f73561a0454a44ac\" tg-width=\"1059\" tg-height=\"639\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table></p><p><blockquote><table><tbody><tr></tr></tbody></table></blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比，如何评估蔚来股票的价值</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比，如何评估蔚来股票的价值</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarkeWatch</strong><span class=\"h-time small\">2021-08-15 09:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.</p><p><blockquote>蔚来可能是一家相对较小的公司。但投资者看好这家中国电动汽车制造商的前景。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459f713c5dfcf08752165d643a5f1463\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>A Nio store in downtown Shanghai. (Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>上海市中心的一家蔚来店。（盖蒂图片社）</span></p></blockquote></p><p> Chinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.</p><p><blockquote>中国电动汽车制造商蔚来在美国不销售汽车，其市值为602亿美元。以此衡量，它比1903年成立的福特汽车公司还要大。</blockquote></p><p> That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.</p><p><blockquote>作为投资者，这对您来说可能是有意义的——毕竟，蔚来是一家只销售电动汽车的创新公司。福特是一家传统汽车制造商，正在努力迎头赶上并最终全面过渡到电动汽车。蔚来的股价在过去一年上涨了两倍多，而福特的股价在过去十年暴跌后几乎翻了一番。</blockquote></p><p> So where does Nio <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.</p><p><blockquote>那么蔚来在哪里<a href=\"https://laohu8.com/S/NIO\">$（蔚来）$</a>该公司在周三股市收盘后公布了第二季度业绩，符合投资理论吗？下面的屏幕显示了其股票估值与汽车产量的比较，以及该估值与2025年预计收益的关系。</blockquote></p><p> <b>Doubling car production</b></p><p><blockquote><b>汽车产量翻倍</b></blockquote></p><p> For the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.</p><p><blockquote>第二季度，蔚来交付了21,896辆汽车，同比增长112%。增长令人印象深刻，但销售的车辆总数仍然相对较少。</blockquote></p><p> Here's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:</p><p><blockquote>以下是按市值计算的10家最大汽车制造商，以及它们第二季度的销售额或交付量（如果两者都报告，以较高者为准）以及表下方的附加颜色：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9e9aed76c94544dbe44cde9f7c8bebc\" tg-width=\"931\" tg-height=\"761\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> You can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc.&nbsp;and Nio, on this list -- may (or may not) become as large as legacy players.</p><p><blockquote><table><tbody><tr></tr></tbody></table>你可以看到，这些估值是关于未来的，届时电动汽车领域的创新者——名单上的特斯拉公司和蔚来——可能（也可能不会）变得与传统企业一样大。</blockquote></p><p> For now, Ford churns out mostly internal combustion engine&nbsp;vehicles at nearly 35 times the rate that Nio makes EVs.</p><p><blockquote>目前，福特主要生产内燃机汽车，其速度几乎是蔚来电动汽车生产速度的35倍。</blockquote></p><p> One thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.</p><p><blockquote>需要注意的一件事是，传统汽车制造商并不都以相同的方式报告其销量。大多数人都没有公布电动汽车销量。</blockquote></p><p> Among those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:</p><p><blockquote>在那些这样做的国家中，定义各不相同。例如，丰田汽车公司（7203.TO）报告称，第二季度“电动汽车”销量占汽车总销量的26.6%。但该类别包括：</blockquote></p><p> For Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.</p><p><blockquote>对于丰田来说，纯电动汽车仅占第二季度销量的0.2%，而蔚来和特斯拉则占100%。丰田的PHEV销量占总销量的1.4%。</blockquote></p><p> Volkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.</p><p><blockquote>大众汽车公司报告称，电动汽车销量包括PHEV（占第二季度销量的6.7%）和BEV（占总销量的4.4%）。这些数字令人印象深刻：总计11.1%。</blockquote></p><p> For Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.</p><p><blockquote>对于Bayerische Motoren Werke Aktiengesellschaft（更广为人知的名称是BWM Group）来说，第二季度电动汽车交付量的细分数据尚未公布，但2021年上半年，交付了153,243辆全电动或插电式混合动力汽车，或占总交付量的11.4%。</blockquote></p><p> <b>Valuation to earnings estimates</b></p><p><blockquote><b>估值与盈利预测之比</b></blockquote></p><p> For companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.</p><p><blockquote>对于处于早期阶段的公司来说，市盈率的比较可能意义不大。这类公司关注的是增长而不是利润。这方面的一个例子是亚马逊公司。<a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>几十年来，该公司的市盈率一直很高，因为它一直在努力扩展到新的业务领域，但牺牲了利润。</blockquote></p><p> A high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.</p><p><blockquote>高市盈率可以反映投资者对创新的热情，就电动汽车而言，也可以反映行业转型的政治共识。因此，蔚来和特斯拉的市盈率远高于传统汽车制造商。</blockquote></p><p> Then again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.</p><p><blockquote>话又说回来，非常低的市盈率可能表明投资者对老牌制造商过于蔑视，因为他们利用持续大量销售传统汽车的现金流来资助电动汽车的开发。机会可能会凸显。</blockquote></p><p> Normally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.</p><p><blockquote>通常，远期市盈率的计算方法是将股价除以12个月每股收益的滚动共识估计。这并不适用于此处列出的所有公司，因此我们使用对2022年净利润的共识估计。</blockquote></p><p> First, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:</p><p><blockquote>首先，以下是基于当前市值和FactSet调查的分析师对2022年普遍预期的市盈率。该表包括截至2025年的年度预测，以及基于当前市值和2025年预测的市盈率：</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/459439c822252d09b3dfb73cc5d51211\" tg-width=\"1058\" tg-height=\"743\" width=\"100%\" height=\"auto\"> Nio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&amp;P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.</p><p><blockquote>蔚来预计将于2023年实现盈利。展望2024年，其远期市盈率低于特斯拉。为了正确看待未来市盈率估值，标普500指数的加权交易价格是2022年每股收益普遍预期的20.5倍。</blockquote></p><p> <b>Valuation to sales</b></p><p><blockquote><b>估值与销售额之比</b></blockquote></p><p> <table>  <tbody>   <tr></tr>   <tr></tr>  </tbody> </table> Forward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.</p><p><blockquote><table><tbody><tr></tr><tr></tr></tbody></table>对于利润较低或净亏损的早期公司来说，远期市销率估计可能更有用。话又说回来，同样的扭曲也适用：投资者现在喜欢纯电动汽车制造商，当你考虑到蔚来的股价在过去一年中上涨了两倍多，而特斯拉的股价却上涨了150%时，他们可能会为它们支付过高的价格。</blockquote></p><p> Here's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:</p><p><blockquote>以下是一组推动市销率的类似数据，再次使用当前市值（在本文顶部的第一个表格中）和以百万美元为单位的共识全年估计：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c8c0b7d002e07914e42fcdf0e624b25c\" tg-width=\"1051\" tg-height=\"668\" width=\"100%\" height=\"auto\"> For reference, the S&amp;P 500 trades for 2.7 times its consensus 2022 sales estimate.</p><p><blockquote>作为参考，标普500的交易价格是其2022年普遍销售预期的2.7倍。</blockquote></p><p> <table>  <tbody>   <tr></tr>  </tbody> </table> <b>Analysts' opinions</b></p><p><blockquote><table><tbody><tr></tr></tbody></table><b>分析师观点</b></blockquote></p><p> Here's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:</p><p><blockquote>以下是FactSet调查的分析师对10家汽车制造商的看法摘要。对于主要在美国以外上市的公司，使用当地股票代码。所有股价和目标均以当地货币计算：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32f38063eabf2e93f73561a0454a44ac\" tg-width=\"1059\" tg-height=\"639\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table></p><p><blockquote><table><tbody><tr></tr></tbody></table></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/nio-releases-earnings-wednesday-heres-how-to-value-its-stock-compared-to-tesla-ford-and-other-rivals-11628716814?mod=mw_quote_news\">MarkeWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来","HMC":"本田汽车","F":"福特汽车","STLA":"Stellantis NV","GM":"通用汽车"},"source_url":"https://www.marketwatch.com/story/nio-releases-earnings-wednesday-heres-how-to-value-its-stock-compared-to-tesla-ford-and-other-rivals-11628716814?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159214569","content_text":"Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.\nA Nio store in downtown Shanghai. (Getty Images)\nChinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.\nThat might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.\nSo where does Nio $(NIO)$, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.\nDoubling car production\nFor the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.\nHere's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:\n\n\n\n\n\n\nYou can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc. and Nio, on this list -- may (or may not) become as large as legacy players.\nFor now, Ford churns out mostly internal combustion engine vehicles at nearly 35 times the rate that Nio makes EVs.\nOne thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.\nAmong those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:\nFor Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.\nVolkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.\nFor Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.\nValuation to earnings estimates\nFor companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. $(AMZN)$, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.\nA high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.\nThen again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.\nNormally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.\nFirst, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:\n\nNio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.\nValuation to sales\n\n\n\n\n\n\nForward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.\nHere's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:\n\nFor reference, the S&P 500 trades for 2.7 times its consensus 2022 sales estimate.\n\n\n\n\n\nAnalysts' opinions\nHere's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:","news_type":1,"symbols_score_info":{"HMC":0.9,"NIO":0.9,"F":0.9,"GM":0.9,"STLA":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":609486906,"gmtCreate":1638317786052,"gmtModify":1638317786136,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$</a>oversold","listText":"<a href=\"https://laohu8.com/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$</a>oversold","text":"$SINGAPORE EXCHANGE LIMITED(S68.SI)$oversold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/609486906","isVote":1,"tweetType":1,"viewCount":2901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":831037178,"gmtCreate":1629272173194,"gmtModify":1633686066097,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Order book can last for next few year peoductiion. Must lool for open new production factory","listText":"Order book can last for next few year peoductiion. Must lool for open new production factory","text":"Order book can last for next few year peoductiion. Must lool for open new production factory","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/831037178","repostId":"1101860047","repostType":4,"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897636403,"gmtCreate":1628911040202,"gmtModify":1633688549438,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"High risk high return","listText":"High risk high return","text":"High risk high return","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/897636403","repostId":"2159655218","repostType":4,"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":604694157,"gmtCreate":1639382404712,"gmtModify":1639382404853,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604694157","repostId":"1169099899","repostType":2,"repost":{"id":"1169099899","kind":"news","pubTimestamp":1639367858,"share":"https://www.laohu8.com/m/news/1169099899?lang=zh_CN&edition=full","pubTime":"2021-12-13 11:57","market":"us","language":"en","title":"Bull Run Enters Late Cycle<blockquote>牛市进入后期周期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169099899","media":"Seeking Alpha","summary":"Summary\n\nThe short-term correction has probably not ended yet.\nMacroeconomic indicators signal furth","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>The short-term correction has probably not ended yet.</li>  <li>Macroeconomic indicators signal further upside for stocks despite short-term correction potential.</li>  <li>The Fed could face tough challenges with its loose monetary stance sooner than many expect.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35de74b68a683fda3b95d3fd873bc678\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>MundusImages/E+ via Getty Images</span></p><p><blockquote><ul><li>短期回调很可能还没有结束。</li><li>尽管短期存在回调潜力，但宏观经济指标表明股市将进一步上涨。</li><li>美联储可能会比许多人预期更快地面临宽松货币立场的严峻挑战。</li></ul><p class=\"t-img-caption\"><span>MundusImages/E+来自Getty Images</span></p></blockquote></p><p> The business cycle is maturing but has not ended yet. It is probably entering the late-cycle stage, according to Stouff capital's estimates. Their US Long-Term Macro Index gauge reached the 90% threshold, an early indicator for economic recessions. That's relevant because recessions had a perfect track record for bear markets in stocks. Every NBER recession in the past 170 involved a bear market in US stocks.</p><p><blockquote>商业周期正在成熟，但尚未结束。根据Stouff capital的估计，它可能正在进入周期后期阶段。他们的美国长期宏观指数指标达到了90%的阈值，这是经济衰退的早期指标。这是相关的，因为经济衰退对于股市熊市来说有着完美的记录。过去170年的每一次NBER衰退都涉及美国股市的熊市。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/631eab7d5b7d2c62994d942fc86cdcfc\" tg-width=\"640\" tg-height=\"511\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, Stouff Capital)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Refinitiv、Stouff Capital）</span></p></blockquote></p><p> Nonetheless, entering the late stage of the business cycle does not imply that equities are in a bear market. On the contrary, equities developed positively during the late stage of the business cycle during the past century. The recession stage of the business cycle is the time window that investors want to avoid if they believe in statistical evidence. Other leading indicators, which have been reliable historically, do not signal an imminent recession yet. The labor market has been constructive until the last report. Moreover, the conference board Leading Economic Index (LEI) marked an all-time high on its latest reading. Historically, the labor market and the LEI reached their cycle peak several months ahead of the economy. Most often, both indices peaked even ahead of the US stock market before the US economy went into recession. Likewise, the yield curve is not flashing recessionary signals yet. Historically, it inverted shortly before a recession arrived and was also a leading indicator for cyclical stock market highs. That's neither the case today.</p><p><blockquote>尽管如此，进入商业周期后期并不意味着股市处于熊市。相反，股票在上个世纪商业周期的后期发展积极。如果投资者相信统计证据，商业周期的衰退阶段是他们想要避开的时间窗口。历史上可靠的其他领先指标尚未表明经济衰退即将来临。在上次报告之前，劳动力市场一直是建设性的。此外，世界大型企业联合会领先经济指数（LEI）的最新读数创下历史新高。从历史上看，劳动力市场和LEI比经济提前几个月达到周期峰值。大多数情况下，在美国经济陷入衰退之前，这两个指数甚至先于美国股市见顶。同样，收益率曲线尚未闪烁衰退信号。从历史上看，它在经济衰退到来前不久反转，也是周期性股市高点的领先指标。今天的情况也不是这样。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9fed5b5760550aa77356656aee41f1d0\" tg-width=\"640\" tg-height=\"379\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> However, equities corrected 5%-10% from their most recent highs into early December. The drop was not surprising because the market was running hot, as explained in our&nbsp;mid-November article&nbsp;here on Seeking Alpha. Sentiment and technical indicators signaled an imminent 5%-10% correction. Nonetheless, the correction is probably not finished short term. Some more weakness remains the base case during the next couple of weeks.</p><p><blockquote>然而，截至12月初，股市从近期高点回调了5%-10%。正如我们在11月中旬关于Seeking Alpha的文章中所解释的那样，下跌并不令人意外，因为市场正在火热。情绪和技术指标表明即将出现5%-10%的回调。尽管如此，调整可能不会在短期内完成。在接下来的几周里，更多的疲软仍然是基本情况。</blockquote></p><p> Moreover, there is something peculiar about the current cycle. It is unfolding at an unprecedented speed. Therefore, the late-cycle stage may surprise many by not lasting as long as it usually does. Further, the current environment might prove extraordinarily challenging for central banks as inflation increases rapidly. The chart above shows that European purchasing prices are more than 20% higher versus last year. That's the steepest increase of the index since the '70s. The '70s were the latest period that recorded double-digit inflation after the breakup of the Bretton-Woods exchange-rate system. Inflation pressure is also mounting in the United States as well. Not only do goods become expensive due to supply shortages, but services also joined the party lately. The development is a problem for central banks as they have no effective tools against supply-side shortages. Consequently, we are unlikely to witness monetary easing short-term. That has been a headwind for equities in recent years. Yet again, that's not a hit-and-run event and we are not there yet. Historically, equities reached their cyclical high typically well after the initial rate hike.</p><p><blockquote>此外，当前的周期还有一些奇特之处。它正以前所未有的速度展开。因此，周期后期可能会让许多人感到惊讶，因为它不会像通常那样持续很长时间。此外，随着通胀迅速上升，当前环境对央行来说可能极具挑战性。上图显示，欧洲的采购价格比去年上涨了20%以上。这是该指数自70年代以来的最大涨幅。70年代是布雷顿森林汇率体系解体后最近一个出现两位数通胀的时期。美国的通胀压力也在加大。由于供应短缺，不仅商品变得昂贵，服务最近也加入了这一行列。这一发展对央行来说是一个问题，因为它们没有有效的工具来应对供应方短缺。因此，我们不太可能在短期内看到货币宽松。近年来，这一直是股市的阻力。再说一次，这不是肇事逃逸事件，我们还没有到那一步。从历史上看，股市通常在首次加息后很久就会达到周期性高点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfdb33a6b0c068438eae297a0bd32d1d\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> Technicals support the macro evidence outlined above. Most of the major indices probably unfolded bearish Elliot waves from their November highs. The S&amp;P 500 counts best as an extending leading diagonal into the December 6th low. That's a signal that the short-term correction may not be over yet. The pattern will probably morph into a three-wave corrective leg towards 4250-4390 instead.</p><p><blockquote>技术面支持上述宏观证据。大多数主要指数可能从11月高点展开看跌艾略特波浪。标普500最好被视为延伸到12月6日低点的领先对角线。这是一个信号，表明短期调整可能尚未结束。相反，该形态可能会演变为朝向4250-4390的三浪修正腿。</blockquote></p><p></p><p> All in all, there is potential for more damage short term. Technical evidence hints at another attack at the 4390 S/R before seeing the next sustainable leg up. Time will tell if it is the last leg up before the cycle ends. Some of the macro indicators discussed above will probably provide further hints before things turn sour. The bottom line is that the bull trend is most likely intact despite further short-term correction potential.</p><p><blockquote>总而言之，短期内有可能造成更多损害。技术证据暗示，在看到下一次可持续上涨之前，4390 S/R将再次受到攻击。时间会证明这是否是周期结束前的最后一次上涨。上面讨论的一些宏观指标可能会在事情变糟之前提供进一步的暗示。最重要的是，尽管短期内有进一步回调的潜力，但牛市趋势很可能完好无损。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bull Run Enters Late Cycle<blockquote>牛市进入后期周期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBull Run Enters Late Cycle<blockquote>牛市进入后期周期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-13 11:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>The short-term correction has probably not ended yet.</li>  <li>Macroeconomic indicators signal further upside for stocks despite short-term correction potential.</li>  <li>The Fed could face tough challenges with its loose monetary stance sooner than many expect.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35de74b68a683fda3b95d3fd873bc678\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>MundusImages/E+ via Getty Images</span></p><p><blockquote><ul><li>短期回调很可能还没有结束。</li><li>尽管短期存在回调潜力，但宏观经济指标表明股市将进一步上涨。</li><li>美联储可能会比许多人预期更快地面临宽松货币立场的严峻挑战。</li></ul><p class=\"t-img-caption\"><span>MundusImages/E+来自Getty Images</span></p></blockquote></p><p> The business cycle is maturing but has not ended yet. It is probably entering the late-cycle stage, according to Stouff capital's estimates. Their US Long-Term Macro Index gauge reached the 90% threshold, an early indicator for economic recessions. That's relevant because recessions had a perfect track record for bear markets in stocks. Every NBER recession in the past 170 involved a bear market in US stocks.</p><p><blockquote>商业周期正在成熟，但尚未结束。根据Stouff capital的估计，它可能正在进入周期后期阶段。他们的美国长期宏观指数指标达到了90%的阈值，这是经济衰退的早期指标。这是相关的，因为经济衰退对于股市熊市来说有着完美的记录。过去170年的每一次NBER衰退都涉及美国股市的熊市。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/631eab7d5b7d2c62994d942fc86cdcfc\" tg-width=\"640\" tg-height=\"511\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, Stouff Capital)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Refinitiv、Stouff Capital）</span></p></blockquote></p><p> Nonetheless, entering the late stage of the business cycle does not imply that equities are in a bear market. On the contrary, equities developed positively during the late stage of the business cycle during the past century. The recession stage of the business cycle is the time window that investors want to avoid if they believe in statistical evidence. Other leading indicators, which have been reliable historically, do not signal an imminent recession yet. The labor market has been constructive until the last report. Moreover, the conference board Leading Economic Index (LEI) marked an all-time high on its latest reading. Historically, the labor market and the LEI reached their cycle peak several months ahead of the economy. Most often, both indices peaked even ahead of the US stock market before the US economy went into recession. Likewise, the yield curve is not flashing recessionary signals yet. Historically, it inverted shortly before a recession arrived and was also a leading indicator for cyclical stock market highs. That's neither the case today.</p><p><blockquote>尽管如此，进入商业周期后期并不意味着股市处于熊市。相反，股票在上个世纪商业周期的后期发展积极。如果投资者相信统计证据，商业周期的衰退阶段是他们想要避开的时间窗口。历史上可靠的其他领先指标尚未表明经济衰退即将来临。在上次报告之前，劳动力市场一直是建设性的。此外，世界大型企业联合会领先经济指数（LEI）的最新读数创下历史新高。从历史上看，劳动力市场和LEI比经济提前几个月达到周期峰值。大多数情况下，在美国经济陷入衰退之前，这两个指数甚至先于美国股市见顶。同样，收益率曲线尚未闪烁衰退信号。从历史上看，它在经济衰退到来前不久反转，也是周期性股市高点的领先指标。今天的情况也不是这样。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9fed5b5760550aa77356656aee41f1d0\" tg-width=\"640\" tg-height=\"379\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> However, equities corrected 5%-10% from their most recent highs into early December. The drop was not surprising because the market was running hot, as explained in our&nbsp;mid-November article&nbsp;here on Seeking Alpha. Sentiment and technical indicators signaled an imminent 5%-10% correction. Nonetheless, the correction is probably not finished short term. Some more weakness remains the base case during the next couple of weeks.</p><p><blockquote>然而，截至12月初，股市从近期高点回调了5%-10%。正如我们在11月中旬关于Seeking Alpha的文章中所解释的那样，下跌并不令人意外，因为市场正在火热。情绪和技术指标表明即将出现5%-10%的回调。尽管如此，调整可能不会在短期内完成。在接下来的几周里，更多的疲软仍然是基本情况。</blockquote></p><p> Moreover, there is something peculiar about the current cycle. It is unfolding at an unprecedented speed. Therefore, the late-cycle stage may surprise many by not lasting as long as it usually does. Further, the current environment might prove extraordinarily challenging for central banks as inflation increases rapidly. The chart above shows that European purchasing prices are more than 20% higher versus last year. That's the steepest increase of the index since the '70s. The '70s were the latest period that recorded double-digit inflation after the breakup of the Bretton-Woods exchange-rate system. Inflation pressure is also mounting in the United States as well. Not only do goods become expensive due to supply shortages, but services also joined the party lately. The development is a problem for central banks as they have no effective tools against supply-side shortages. Consequently, we are unlikely to witness monetary easing short-term. That has been a headwind for equities in recent years. Yet again, that's not a hit-and-run event and we are not there yet. Historically, equities reached their cyclical high typically well after the initial rate hike.</p><p><blockquote>此外，当前的周期还有一些奇特之处。它正以前所未有的速度展开。因此，周期后期可能会让许多人感到惊讶，因为它不会像通常那样持续很长时间。此外，随着通胀迅速上升，当前环境对央行来说可能极具挑战性。上图显示，欧洲的采购价格比去年上涨了20%以上。这是该指数自70年代以来的最大涨幅。70年代是布雷顿森林汇率体系解体后最近一个出现两位数通胀的时期。美国的通胀压力也在加大。由于供应短缺，不仅商品变得昂贵，服务最近也加入了这一行列。这一发展对央行来说是一个问题，因为它们没有有效的工具来应对供应方短缺。因此，我们不太可能在短期内看到货币宽松。近年来，这一直是股市的阻力。再说一次，这不是肇事逃逸事件，我们还没有到那一步。从历史上看，股市通常在首次加息后很久就会达到周期性高点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfdb33a6b0c068438eae297a0bd32d1d\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>(Source: Refinitiv, CEIC, Pictet Asset Management)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（资料来源：路孚特、CEIC、百达资产管理）</span></p></blockquote></p><p> Technicals support the macro evidence outlined above. Most of the major indices probably unfolded bearish Elliot waves from their November highs. The S&amp;P 500 counts best as an extending leading diagonal into the December 6th low. That's a signal that the short-term correction may not be over yet. The pattern will probably morph into a three-wave corrective leg towards 4250-4390 instead.</p><p><blockquote>技术面支持上述宏观证据。大多数主要指数可能从11月高点展开看跌艾略特波浪。标普500最好被视为延伸到12月6日低点的领先对角线。这是一个信号，表明短期调整可能尚未结束。相反，该形态可能会演变为朝向4250-4390的三浪修正腿。</blockquote></p><p></p><p> All in all, there is potential for more damage short term. Technical evidence hints at another attack at the 4390 S/R before seeing the next sustainable leg up. Time will tell if it is the last leg up before the cycle ends. Some of the macro indicators discussed above will probably provide further hints before things turn sour. The bottom line is that the bull trend is most likely intact despite further short-term correction potential.</p><p><blockquote>总而言之，短期内有可能造成更多损害。技术证据暗示，在看到下一次可持续上涨之前，4390 S/R将再次受到攻击。时间会证明这是否是周期结束前的最后一次上涨。上面讨论的一些宏观指标可能会在事情变糟之前提供进一步的暗示。最重要的是，尽管短期内有进一步回调的潜力，但牛市趋势很可能完好无损。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4474830-bull-run-enters-late-cycle\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4474830-bull-run-enters-late-cycle","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169099899","content_text":"Summary\n\nThe short-term correction has probably not ended yet.\nMacroeconomic indicators signal further upside for stocks despite short-term correction potential.\nThe Fed could face tough challenges with its loose monetary stance sooner than many expect.\n\nMundusImages/E+ via Getty Images\nThe business cycle is maturing but has not ended yet. It is probably entering the late-cycle stage, according to Stouff capital's estimates. Their US Long-Term Macro Index gauge reached the 90% threshold, an early indicator for economic recessions. That's relevant because recessions had a perfect track record for bear markets in stocks. Every NBER recession in the past 170 involved a bear market in US stocks.\n(Source: Refinitiv, Stouff Capital)\nNonetheless, entering the late stage of the business cycle does not imply that equities are in a bear market. On the contrary, equities developed positively during the late stage of the business cycle during the past century. The recession stage of the business cycle is the time window that investors want to avoid if they believe in statistical evidence. Other leading indicators, which have been reliable historically, do not signal an imminent recession yet. The labor market has been constructive until the last report. Moreover, the conference board Leading Economic Index (LEI) marked an all-time high on its latest reading. Historically, the labor market and the LEI reached their cycle peak several months ahead of the economy. Most often, both indices peaked even ahead of the US stock market before the US economy went into recession. Likewise, the yield curve is not flashing recessionary signals yet. Historically, it inverted shortly before a recession arrived and was also a leading indicator for cyclical stock market highs. That's neither the case today.\n(Source: Refinitiv, CEIC, Pictet Asset Management)\nHowever, equities corrected 5%-10% from their most recent highs into early December. The drop was not surprising because the market was running hot, as explained in our mid-November article here on Seeking Alpha. Sentiment and technical indicators signaled an imminent 5%-10% correction. Nonetheless, the correction is probably not finished short term. Some more weakness remains the base case during the next couple of weeks.\nMoreover, there is something peculiar about the current cycle. It is unfolding at an unprecedented speed. Therefore, the late-cycle stage may surprise many by not lasting as long as it usually does. Further, the current environment might prove extraordinarily challenging for central banks as inflation increases rapidly. The chart above shows that European purchasing prices are more than 20% higher versus last year. That's the steepest increase of the index since the '70s. The '70s were the latest period that recorded double-digit inflation after the breakup of the Bretton-Woods exchange-rate system. Inflation pressure is also mounting in the United States as well. Not only do goods become expensive due to supply shortages, but services also joined the party lately. The development is a problem for central banks as they have no effective tools against supply-side shortages. Consequently, we are unlikely to witness monetary easing short-term. That has been a headwind for equities in recent years. Yet again, that's not a hit-and-run event and we are not there yet. Historically, equities reached their cyclical high typically well after the initial rate hike.\n(Source: Refinitiv, CEIC, Pictet Asset Management)\nTechnicals support the macro evidence outlined above. Most of the major indices probably unfolded bearish Elliot waves from their November highs. The S&P 500 counts best as an extending leading diagonal into the December 6th low. That's a signal that the short-term correction may not be over yet. The pattern will probably morph into a three-wave corrective leg towards 4250-4390 instead.\nAll in all, there is potential for more damage short term. Technical evidence hints at another attack at the 4390 S/R before seeing the next sustainable leg up. Time will tell if it is the last leg up before the cycle ends. Some of the macro indicators discussed above will probably provide further hints before things turn sour. The bottom line is that the bull trend is most likely intact despite further short-term correction potential.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":817815015,"gmtCreate":1630930883737,"gmtModify":1631885747310,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>no hope","listText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>no hope","text":"$ChargePoint Holdings Inc.(CHPT)$no 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href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>is time now","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>is time now","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$is time now","images":[{"img":"https://static.tigerbbs.com/9371a926eed854e57490f98721abaacf","width":"1080","height":"3013"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/840646011","isVote":1,"tweetType":1,"viewCount":3493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":884015501,"gmtCreate":1631839465003,"gmtModify":1631889184131,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a 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rebound","images":[{"img":"https://static.tigerbbs.com/872ddd9701d6b42ed9129f06a74c990c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/884015501","isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":837092781,"gmtCreate":1629846637843,"gmtModify":1631886431103,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>good stock","listText":"<a href=\"https://laohu8.com/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>good stock","text":"$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$good stock","images":[{"img":"https://static.tigerbbs.com/c2ff39ee18bde65d7bddb56781139995","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837092781","isVote":1,"tweetType":1,"viewCount":731,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":836331576,"gmtCreate":1629453599895,"gmtModify":1631892393985,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Shortage in chip supply","listText":"Shortage in chip supply","text":"Shortage in chip supply","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836331576","repostId":"1126722404","repostType":4,"repost":{"id":"1126722404","kind":"news","pubTimestamp":1629453230,"share":"https://www.laohu8.com/m/news/1126722404?lang=zh_CN&edition=full","pubTime":"2021-08-20 17:53","market":"us","language":"en","title":"Get used to high car prices: Auto production isn't returning to normal<blockquote>习惯高车价：汽车生产尚未恢复正常</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126722404","media":"cnn","summary":"New York (CNN Business)This quarter was supposed to be when computer chip supply and auto production","content":"<p>New York (CNN Business)This quarter was supposed to be when computer chip supply and auto production were returning to normal. Instead, the surge in Covid cases, especially in Southeast Asia, is causing a new round of parts shortages and auto plant shutdowns around the globe. That could keep already astronomical car prices high.</p><p><blockquote>纽约（CNN商业）本季度本应是计算机芯片供应和汽车生产恢复正常的时候。相反，Covid病例的激增，尤其是在东南亚，正在导致全球新一轮的零部件短缺和汽车工厂关闭。这可能会使已经天文数字的汽车价格居高不下。</blockquote></p><p> Thursday it was Toyota (TM), the world's largest automaker measured by vehicle sales, announcing shutdowns at 14 Japanese plants in September because of Covid's impact on suppliers. That will cut production there by about 40%. Toyota is also closing plants elsewhere around the globe, with North American production likely to be reduced 40% to 60%.</p><p><blockquote>周四，以汽车销量衡量，全球最大的汽车制造商丰田(TM)宣布，由于新冠疫情对供应商的影响，9月份关闭了14家日本工厂。这将使那里的产量减少约40%。丰田还关闭了全球其他地区的工厂，北美的产量可能会减少40%至60%。</blockquote></p><p> No. 2 automaker Volkswagen said Thursday it might be forced to make similar cuts to production soon.</p><p><blockquote>第二大汽车制造商大众汽车周四表示，可能很快就会被迫进行类似的减产。</blockquote></p><p> \"New outbreaks of Covid-19 in Asia — for example in Malaysia — are leading to renewed shuttering of key semiconductor manufacturing facilities,\" said Volkswagen. \"As things stand, we therefore expect that the supply of chips will remain very volatile and strained in the third quarter of 2021. Further adjustments to production cannot be ruled out.\"</p><p><blockquote>大众汽车表示：“亚洲（例如马来西亚）新爆发的Covid-19疫情正在导致关键半导体制造设施再次关闭。”“就目前情况而言，我们因此预计2021年第三季度芯片供应仍将非常不稳定和紧张。不排除进一步调整生产。”</blockquote></p><p> Malaysia is a major supplier of computer chips used in the auto industry.</p><p><blockquote>马来西亚是汽车行业使用的计算机芯片的主要供应商。</blockquote></p><p> Toyota's and VW's statements follows similar announcements by other automakers, including General Motors, Ford and Stellantis, the automaker formed earlier this year by the merger of Fiat Chrysler and PSA Group. Parts shortages have also been cited by Tesla and upstarts like Nikola, which is racing to build its first electric trucks by the end of the year.</p><p><blockquote>丰田和大众发表声明之前，其他汽车制造商也发布了类似的公告，包括通用汽车、福特和Stellantis，Stellantis是今年早些时候由菲亚特克莱斯勒和标致雪铁龙集团合并而成的汽车制造商。特斯拉和尼古拉等新贵也提到了零部件短缺的问题，尼古拉正在竞相在今年年底前制造出第一辆电动卡车。</blockquote></p><p> \"The chip shortage is the headline, but there are so many disruptions in the supply chain,\" said Kristin Dziczek, senior vice president of research at the Center for Automotive Research. \"It's a shortage of other parts, or parts piling up at the ports. There are all kinds of constraints that are biting at going back to full production.\"</p><p><blockquote>汽车研究中心研究高级副总裁克里斯汀·齐切克(Kristin Dziczek)表示：“芯片短缺是头条新闻，但供应链中存在很多中断。”“这是其他零件的短缺，或者零件堆积在港口。有各种各样的限制阻碍着恢复全面生产。”</blockquote></p><p> Overall auto production around the globe and across the industry was way off in the second quarter because of the chip shortage. But automakers had been anticipating the shortage of chips would abate in the second half of this year, allowing them to play catch-up in production.</p><p><blockquote>由于芯片短缺，第二季度全球和整个行业的整体汽车产量大幅下降。但汽车制造商一直预计芯片短缺将在今年下半年缓解，从而使他们能够在生产上迎头赶上。</blockquote></p><p> Then the Delta variant happened. Vaccination rates remain low in Southeast Asia, complicating matters for suppliers.</p><p><blockquote>然后德尔塔变异毒株发生了。东南亚的疫苗接种率仍然很低，这让供应商的情况变得更加复杂。</blockquote></p><p> The chip shortage that dogged the industry in late 2020 and much of 2021 was more the result of a mistake in planning than a problem directly attributed to the pandemic.</p><p><blockquote>2020年底和2021年大部分时间困扰该行业的芯片短缺更多的是规划错误的结果，而不是直接归因于疫情的问题。</blockquote></p><p> When shutdowns and stay-at-home orders caused massive job losses in early 2020, auto sales initially plunged. Automakers responded by slashing orders for parts, including computer chips, in anticipation that a deep recession would kill demand for new cars for months if not years to come.</p><p><blockquote>2020年初，当停工和居家订单导致大量失业时，汽车销量最初大幅下降。汽车制造商的回应是削减包括计算机芯片在内的零部件订单，因为他们预计严重的经济衰退将在未来几个月甚至几年内扼杀对新车的需求。</blockquote></p><p> But demand for cars quickly rebounded, leaving automakers without the supply of chips they needed. Their suppliers had already sold their normal allotment to companies that make computers, video game consoles and other electronics. Demand for those devices surged during the pandemic.</p><p><blockquote>但对汽车的需求迅速反弹，导致汽车制造商没有所需的芯片供应。他们的供应商已经将他们的正常配额出售给了制造电脑、视频游戏机和其他电子产品的公司。在疫情期间，对这些设备的需求激增。</blockquote></p><p> For consumers facing limited supplies of vehicles on dealers' lots andrecord high prices for both new and used cars, the continued disruptions in production will only serve to keep prices at record levels.</p><p><blockquote>对于面临经销商车辆供应有限以及新车和二手车价格创历史新高的消费者来说，生产的持续中断只会使价格保持在创纪录的水平。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Get used to high car prices: Auto production isn't returning to normal<blockquote>习惯高车价：汽车生产尚未恢复正常</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGet used to high car prices: Auto production isn't returning to normal<blockquote>习惯高车价：汽车生产尚未恢复正常</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">cnn</strong><span class=\"h-time small\">2021-08-20 17:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)This quarter was supposed to be when computer chip supply and auto production were returning to normal. Instead, the surge in Covid cases, especially in Southeast Asia, is causing a new round of parts shortages and auto plant shutdowns around the globe. That could keep already astronomical car prices high.</p><p><blockquote>纽约（CNN商业）本季度本应是计算机芯片供应和汽车生产恢复正常的时候。相反，Covid病例的激增，尤其是在东南亚，正在导致全球新一轮的零部件短缺和汽车工厂关闭。这可能会使已经天文数字的汽车价格居高不下。</blockquote></p><p> Thursday it was Toyota (TM), the world's largest automaker measured by vehicle sales, announcing shutdowns at 14 Japanese plants in September because of Covid's impact on suppliers. That will cut production there by about 40%. Toyota is also closing plants elsewhere around the globe, with North American production likely to be reduced 40% to 60%.</p><p><blockquote>周四，以汽车销量衡量，全球最大的汽车制造商丰田(TM)宣布，由于新冠疫情对供应商的影响，9月份关闭了14家日本工厂。这将使那里的产量减少约40%。丰田还关闭了全球其他地区的工厂，北美的产量可能会减少40%至60%。</blockquote></p><p> No. 2 automaker Volkswagen said Thursday it might be forced to make similar cuts to production soon.</p><p><blockquote>第二大汽车制造商大众汽车周四表示，可能很快就会被迫进行类似的减产。</blockquote></p><p> \"New outbreaks of Covid-19 in Asia — for example in Malaysia — are leading to renewed shuttering of key semiconductor manufacturing facilities,\" said Volkswagen. \"As things stand, we therefore expect that the supply of chips will remain very volatile and strained in the third quarter of 2021. Further adjustments to production cannot be ruled out.\"</p><p><blockquote>大众汽车表示：“亚洲（例如马来西亚）新爆发的Covid-19疫情正在导致关键半导体制造设施再次关闭。”“就目前情况而言，我们因此预计2021年第三季度芯片供应仍将非常不稳定和紧张。不排除进一步调整生产。”</blockquote></p><p> Malaysia is a major supplier of computer chips used in the auto industry.</p><p><blockquote>马来西亚是汽车行业使用的计算机芯片的主要供应商。</blockquote></p><p> Toyota's and VW's statements follows similar announcements by other automakers, including General Motors, Ford and Stellantis, the automaker formed earlier this year by the merger of Fiat Chrysler and PSA Group. Parts shortages have also been cited by Tesla and upstarts like Nikola, which is racing to build its first electric trucks by the end of the year.</p><p><blockquote>丰田和大众发表声明之前，其他汽车制造商也发布了类似的公告，包括通用汽车、福特和Stellantis，Stellantis是今年早些时候由菲亚特克莱斯勒和标致雪铁龙集团合并而成的汽车制造商。特斯拉和尼古拉等新贵也提到了零部件短缺的问题，尼古拉正在竞相在今年年底前制造出第一辆电动卡车。</blockquote></p><p> \"The chip shortage is the headline, but there are so many disruptions in the supply chain,\" said Kristin Dziczek, senior vice president of research at the Center for Automotive Research. \"It's a shortage of other parts, or parts piling up at the ports. There are all kinds of constraints that are biting at going back to full production.\"</p><p><blockquote>汽车研究中心研究高级副总裁克里斯汀·齐切克(Kristin Dziczek)表示：“芯片短缺是头条新闻，但供应链中存在很多中断。”“这是其他零件的短缺，或者零件堆积在港口。有各种各样的限制阻碍着恢复全面生产。”</blockquote></p><p> Overall auto production around the globe and across the industry was way off in the second quarter because of the chip shortage. But automakers had been anticipating the shortage of chips would abate in the second half of this year, allowing them to play catch-up in production.</p><p><blockquote>由于芯片短缺，第二季度全球和整个行业的整体汽车产量大幅下降。但汽车制造商一直预计芯片短缺将在今年下半年缓解，从而使他们能够在生产上迎头赶上。</blockquote></p><p> Then the Delta variant happened. Vaccination rates remain low in Southeast Asia, complicating matters for suppliers.</p><p><blockquote>然后德尔塔变异毒株发生了。东南亚的疫苗接种率仍然很低，这让供应商的情况变得更加复杂。</blockquote></p><p> The chip shortage that dogged the industry in late 2020 and much of 2021 was more the result of a mistake in planning than a problem directly attributed to the pandemic.</p><p><blockquote>2020年底和2021年大部分时间困扰该行业的芯片短缺更多的是规划错误的结果，而不是直接归因于疫情的问题。</blockquote></p><p> When shutdowns and stay-at-home orders caused massive job losses in early 2020, auto sales initially plunged. Automakers responded by slashing orders for parts, including computer chips, in anticipation that a deep recession would kill demand for new cars for months if not years to come.</p><p><blockquote>2020年初，当停工和居家订单导致大量失业时，汽车销量最初大幅下降。汽车制造商的回应是削减包括计算机芯片在内的零部件订单，因为他们预计严重的经济衰退将在未来几个月甚至几年内扼杀对新车的需求。</blockquote></p><p> But demand for cars quickly rebounded, leaving automakers without the supply of chips they needed. Their suppliers had already sold their normal allotment to companies that make computers, video game consoles and other electronics. Demand for those devices surged during the pandemic.</p><p><blockquote>但对汽车的需求迅速反弹，导致汽车制造商没有所需的芯片供应。他们的供应商已经将他们的正常配额出售给了制造电脑、视频游戏机和其他电子产品的公司。在疫情期间，对这些设备的需求激增。</blockquote></p><p> For consumers facing limited supplies of vehicles on dealers' lots andrecord high prices for both new and used cars, the continued disruptions in production will only serve to keep prices at record levels.</p><p><blockquote>对于面临经销商车辆供应有限以及新车和二手车价格创历史新高的消费者来说，生产的持续中断只会使价格保持在创纪录的水平。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/08/19/business/auto-production-covid-surge/index.html\">cnn</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://edition.cnn.com/2021/08/19/business/auto-production-covid-surge/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126722404","content_text":"New York (CNN Business)This quarter was supposed to be when computer chip supply and auto production were returning to normal. Instead, the surge in Covid cases, especially in Southeast Asia, is causing a new round of parts shortages and auto plant shutdowns around the globe. That could keep already astronomical car prices high.\nThursday it was Toyota (TM), the world's largest automaker measured by vehicle sales, announcing shutdowns at 14 Japanese plants in September because of Covid's impact on suppliers. That will cut production there by about 40%. Toyota is also closing plants elsewhere around the globe, with North American production likely to be reduced 40% to 60%.\nNo. 2 automaker Volkswagen said Thursday it might be forced to make similar cuts to production soon.\n\"New outbreaks of Covid-19 in Asia — for example in Malaysia — are leading to renewed shuttering of key semiconductor manufacturing facilities,\" said Volkswagen. \"As things stand, we therefore expect that the supply of chips will remain very volatile and strained in the third quarter of 2021. Further adjustments to production cannot be ruled out.\"\nMalaysia is a major supplier of computer chips used in the auto industry.\nToyota's and VW's statements follows similar announcements by other automakers, including General Motors, Ford and Stellantis, the automaker formed earlier this year by the merger of Fiat Chrysler and PSA Group. Parts shortages have also been cited by Tesla and upstarts like Nikola, which is racing to build its first electric trucks by the end of the year.\n\"The chip shortage is the headline, but there are so many disruptions in the supply chain,\" said Kristin Dziczek, senior vice president of research at the Center for Automotive Research. \"It's a shortage of other parts, or parts piling up at the ports. There are all kinds of constraints that are biting at going back to full production.\"\nOverall auto production around the globe and across the industry was way off in the second quarter because of the chip shortage. But automakers had been anticipating the shortage of chips would abate in the second half of this year, allowing them to play catch-up in production.\nThen the Delta variant happened. Vaccination rates remain low in Southeast Asia, complicating matters for suppliers.\nThe chip shortage that dogged the industry in late 2020 and much of 2021 was more the result of a mistake in planning than a problem directly attributed to the pandemic.\nWhen shutdowns and stay-at-home orders caused massive job losses in early 2020, auto sales initially plunged. Automakers responded by slashing orders for parts, including computer chips, in anticipation that a deep recession would kill demand for new cars for months if not years to come.\nBut demand for cars quickly rebounded, leaving automakers without the supply of chips they needed. Their suppliers had already sold their normal allotment to companies that make computers, video game consoles and other electronics. Demand for those devices surged during the pandemic.\nFor consumers facing limited supplies of vehicles on dealers' lots andrecord high prices for both new and used cars, the continued disruptions in production will only serve to keep prices at record levels.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":601165477,"gmtCreate":1638499135110,"gmtModify":1638499135192,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601165477","repostId":"2188543124","repostType":4,"isVote":1,"tweetType":1,"viewCount":3317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850551282,"gmtCreate":1634610328425,"gmtModify":1634610328652,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087735305621010","idStr":"4087735305621010"},"themes":[],"htmlText":"Risky","listText":"Risky","text":"Risky","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850551282","repostId":"1147398025","repostType":4,"repost":{"id":"1147398025","kind":"news","pubTimestamp":1634608414,"share":"https://www.laohu8.com/m/news/1147398025?lang=zh_CN&edition=full","pubTime":"2021-10-19 09:53","market":"us","language":"en","title":"Tesla and 15 Other EV Stocks Are Worth Almost as Much as 50 Traditional Car Makers. How That Makes Sense.<blockquote>特斯拉和其他15只电动汽车股票的价值几乎相当于50家传统汽车制造商的价值。这怎么说得通。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147398025","media":"Barrons","summary":"Tesla and other electric-vehicle makers account for almost half of the value wrapped up in car-manuf","content":"<p>Tesla&nbsp;and other electric-vehicle makers account for almost half of the value wrapped up in car-manufacturer stocks. Does that make sense?</p><p><blockquote>特斯拉和其他电动汽车制造商几乎占汽车制造商股票价值的一半。这有意义吗？</blockquote></p><p> Monday, Bernstein analyst Toni Sacconaghi asked that question. He’s a&nbsp;Tesla&nbsp;(ticker: TSLA) bear—rating shares Sell with a $300 price target—mainly because he believes the stock is pricey. Still, EVs can be worth half of the industry if investors buy into three ideas.</p><p><blockquote>周一，伯恩斯坦分析师托尼·萨科纳吉提出了这个问题。他对特斯拉（股票代码：TSLA）股票给予看跌评级，目标价为300美元，主要是因为他认为该股价格昂贵。尽管如此，如果投资者接受三个想法，电动汽车的价值可能会达到整个行业的一半。</blockquote></p><p> Today, 16 EV makers—including Tesla and yet-to-be public Rivian—are worth a combined $1.14 trillion. Tesla accounts for 74% of total EV value. Four of the top 10 most valuable auto makers are EV companies including: Tesla, Rivian,BYD&nbsp;(1211.Hong Kong), and&nbsp;NIO&nbsp;(NIO).</p><p><blockquote>如今，包括特斯拉和尚未上市的Rivian在内的16家电动汽车制造商的总价值为1.14万亿美元。特斯拉占电动汽车总价值的74%。十大最有价值汽车制造商中有四家是电动汽车公司，包括：特斯拉、Rivian、比亚迪（1211.Hong Kong）和蔚来（蔚来）。</blockquote></p><p> As for the makers of conventional vehicles, more than 50 auto makers are worth a combined $1.42 trillion. The most valuable traditional car companies are:Toyota Motor&nbsp;(TM),Volkswagen&nbsp;(VOW3.Germany),Daimler&nbsp;(DAI.Germany), and&nbsp;General Motors&nbsp;(GM).</p><p><blockquote>至于传统汽车制造商，50多家汽车制造商的总价值为1.42万亿美元。最有价值的传统车企是：丰田汽车(TM)、大众汽车(VOW3.Germany)、戴姆勒(DAI.Germany)、通用汽车(GM)。</blockquote></p><p> Sales by the traditional companies still dominates unit volume, selling about 99% of the cars globally—97% of those are gasoline-powered, and 2% are EV. The EV pure-plays sell the remaining 1% worldwide.</p><p><blockquote>传统公司的销量仍然主导着销量，在全球销售了约99%的汽车，其中97%是汽油动力汽车，2%是电动汽车。纯电动汽车在全球范围内销售剩余的1%。</blockquote></p><p> “The thinking, of course, is that pure-play EV vendors will ultimately come to dominate the automotive world,” wrote Sacconaghi in a Monday report.</p><p><blockquote>萨科纳吉在周一的一份报告中写道：“当然，我们的想法是纯电动汽车供应商最终将主导汽车世界。”</blockquote></p><p> That’s the first thing investors need to believe to justify EV valuations. Sacconaghi points out that 2014 pure-play EV companies accounted for 14% of electric-car sales. That’s 28% today. Pure-play EV companies’ market share is growing.</p><p><blockquote>这是投资者需要相信的第一件事，以证明电动汽车估值的合理性。萨科纳吉指出，2014年纯电动汽车公司占电动汽车销量的14%。今天是28%。纯电动汽车公司的市场份额正在增长。</blockquote></p><p> That’s the second belief required to stay bullish on EV makers’ stocks—that market share will continue to improve. “We suspect the market believes …that traditional OEMs will not be able to deliver competitive EV offerings in the future,” adds the analyst in his report. OEM is short for original equipment manufacturer, industry jargon for auto maker.</p><p><blockquote>这是保持看好电动汽车制造商股票所需的第二个信念——市场份额将继续提高。这位分析师在报告中补充道：“我们怀疑市场认为……传统原始设备制造商未来将无法提供有竞争力的电动汽车产品。”OEM是原始设备制造商的缩写，是汽车制造商的行业术语。</blockquote></p><p> The final thing investors need to believe is that EVs will be more profitable, per car, than conventional vehicles. EV companies tend to sell direct—which can help profitability. EV makers are also the leaders in selling add-on subscription based services. Tesla’s Full Self-Driving Capability, or FSD, is probably the best example. Tesla sells the higher levels of its autonomous-driving software as a monthly subscription or for $10,000.</p><p><blockquote>投资者需要相信的最后一件事是，电动汽车的每辆车利润将比传统汽车更高。电动汽车公司倾向于直接销售，这有助于提高盈利能力。电动汽车制造商也是销售附加订阅服务的领导者。特斯拉的全自动驾驶能力（FSD）可能是最好的例子。特斯拉以每月订阅或10,000美元的价格出售更高级别的自动驾驶软件。</blockquote></p><p> The mix of volume and profit growth driven by superior products could justify valuations, but Sacconaghi isn’t a believer. “Our contention is that the automotive industry is an increasingly global and hypercompetitive industry and we believe that surplus profits and technology innovation will likely be competed away over time.”</p><p><blockquote>优质产品推动的销量和利润增长的组合可能证明估值是合理的，但萨科纳吉并不相信这一点。“我们的论点是，汽车行业是一个日益全球化和竞争激烈的行业，我们相信，随着时间的推移，剩余利润和技术创新可能会被竞争夺走。”</blockquote></p><p> His views of the industry is one of the reasons he calls Tesla valuation “too rich.”</p><p><blockquote>他对该行业的看法是他对评级·特斯拉估值“过高”的原因之一。</blockquote></p><p> Time will tell who is right. Sacconaghi’s target price still implies Tesla should be the world’s most valuable car company, just not two to three times the value of Toyota.</p><p><blockquote>时间会证明谁是对的。萨科纳吉的目标价仍然意味着特斯拉应该是世界上最有价值的汽车公司，只是不是丰田价值的两到三倍。</blockquote></p><p> Tesla stock has been on a tear of late, adding 34% over the past three months as investors have become more bullish about third quarter earnings due out on Wednesday evening. Shares have gained another 3.2% Monday.</p><p><blockquote>由于投资者对周三晚间公布的第三季度财报更加看好，特斯拉股价最近一直在上涨，过去三个月上涨了34%。周一股价又上涨3.2%。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla and 15 Other EV Stocks Are Worth Almost as Much as 50 Traditional Car Makers. How That Makes Sense.<blockquote>特斯拉和其他15只电动汽车股票的价值几乎相当于50家传统汽车制造商的价值。这怎么说得通。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla and 15 Other EV Stocks Are Worth Almost as Much as 50 Traditional Car Makers. How That Makes Sense.<blockquote>特斯拉和其他15只电动汽车股票的价值几乎相当于50家传统汽车制造商的价值。这怎么说得通。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-10-19 09:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;and other electric-vehicle makers account for almost half of the value wrapped up in car-manufacturer stocks. Does that make sense?</p><p><blockquote>特斯拉和其他电动汽车制造商几乎占汽车制造商股票价值的一半。这有意义吗？</blockquote></p><p> Monday, Bernstein analyst Toni Sacconaghi asked that question. He’s a&nbsp;Tesla&nbsp;(ticker: TSLA) bear—rating shares Sell with a $300 price target—mainly because he believes the stock is pricey. Still, EVs can be worth half of the industry if investors buy into three ideas.</p><p><blockquote>周一，伯恩斯坦分析师托尼·萨科纳吉提出了这个问题。他对特斯拉（股票代码：TSLA）股票给予看跌评级，目标价为300美元，主要是因为他认为该股价格昂贵。尽管如此，如果投资者接受三个想法，电动汽车的价值可能会达到整个行业的一半。</blockquote></p><p> Today, 16 EV makers—including Tesla and yet-to-be public Rivian—are worth a combined $1.14 trillion. Tesla accounts for 74% of total EV value. Four of the top 10 most valuable auto makers are EV companies including: Tesla, Rivian,BYD&nbsp;(1211.Hong Kong), and&nbsp;NIO&nbsp;(NIO).</p><p><blockquote>如今，包括特斯拉和尚未上市的Rivian在内的16家电动汽车制造商的总价值为1.14万亿美元。特斯拉占电动汽车总价值的74%。十大最有价值汽车制造商中有四家是电动汽车公司，包括：特斯拉、Rivian、比亚迪（1211.Hong Kong）和蔚来（蔚来）。</blockquote></p><p> As for the makers of conventional vehicles, more than 50 auto makers are worth a combined $1.42 trillion. The most valuable traditional car companies are:Toyota Motor&nbsp;(TM),Volkswagen&nbsp;(VOW3.Germany),Daimler&nbsp;(DAI.Germany), and&nbsp;General Motors&nbsp;(GM).</p><p><blockquote>至于传统汽车制造商，50多家汽车制造商的总价值为1.42万亿美元。最有价值的传统车企是：丰田汽车(TM)、大众汽车(VOW3.Germany)、戴姆勒(DAI.Germany)、通用汽车(GM)。</blockquote></p><p> Sales by the traditional companies still dominates unit volume, selling about 99% of the cars globally—97% of those are gasoline-powered, and 2% are EV. The EV pure-plays sell the remaining 1% worldwide.</p><p><blockquote>传统公司的销量仍然主导着销量，在全球销售了约99%的汽车，其中97%是汽油动力汽车，2%是电动汽车。纯电动汽车在全球范围内销售剩余的1%。</blockquote></p><p> “The thinking, of course, is that pure-play EV vendors will ultimately come to dominate the automotive world,” wrote Sacconaghi in a Monday report.</p><p><blockquote>萨科纳吉在周一的一份报告中写道：“当然，我们的想法是纯电动汽车供应商最终将主导汽车世界。”</blockquote></p><p> That’s the first thing investors need to believe to justify EV valuations. Sacconaghi points out that 2014 pure-play EV companies accounted for 14% of electric-car sales. That’s 28% today. Pure-play EV companies’ market share is growing.</p><p><blockquote>这是投资者需要相信的第一件事，以证明电动汽车估值的合理性。萨科纳吉指出，2014年纯电动汽车公司占电动汽车销量的14%。今天是28%。纯电动汽车公司的市场份额正在增长。</blockquote></p><p> That’s the second belief required to stay bullish on EV makers’ stocks—that market share will continue to improve. “We suspect the market believes …that traditional OEMs will not be able to deliver competitive EV offerings in the future,” adds the analyst in his report. OEM is short for original equipment manufacturer, industry jargon for auto maker.</p><p><blockquote>这是保持看好电动汽车制造商股票所需的第二个信念——市场份额将继续提高。这位分析师在报告中补充道：“我们怀疑市场认为……传统原始设备制造商未来将无法提供有竞争力的电动汽车产品。”OEM是原始设备制造商的缩写，是汽车制造商的行业术语。</blockquote></p><p> The final thing investors need to believe is that EVs will be more profitable, per car, than conventional vehicles. EV companies tend to sell direct—which can help profitability. EV makers are also the leaders in selling add-on subscription based services. Tesla’s Full Self-Driving Capability, or FSD, is probably the best example. Tesla sells the higher levels of its autonomous-driving software as a monthly subscription or for $10,000.</p><p><blockquote>投资者需要相信的最后一件事是，电动汽车的每辆车利润将比传统汽车更高。电动汽车公司倾向于直接销售，这有助于提高盈利能力。电动汽车制造商也是销售附加订阅服务的领导者。特斯拉的全自动驾驶能力（FSD）可能是最好的例子。特斯拉以每月订阅或10,000美元的价格出售更高级别的自动驾驶软件。</blockquote></p><p> The mix of volume and profit growth driven by superior products could justify valuations, but Sacconaghi isn’t a believer. “Our contention is that the automotive industry is an increasingly global and hypercompetitive industry and we believe that surplus profits and technology innovation will likely be competed away over time.”</p><p><blockquote>优质产品推动的销量和利润增长的组合可能证明估值是合理的，但萨科纳吉并不相信这一点。“我们的论点是，汽车行业是一个日益全球化和竞争激烈的行业，我们相信，随着时间的推移，剩余利润和技术创新可能会被竞争夺走。”</blockquote></p><p> His views of the industry is one of the reasons he calls Tesla valuation “too rich.”</p><p><blockquote>他对该行业的看法是他对评级·特斯拉估值“过高”的原因之一。</blockquote></p><p> Time will tell who is right. Sacconaghi’s target price still implies Tesla should be the world’s most valuable car company, just not two to three times the value of Toyota.</p><p><blockquote>时间会证明谁是对的。萨科纳吉的目标价仍然意味着特斯拉应该是世界上最有价值的汽车公司，只是不是丰田价值的两到三倍。</blockquote></p><p> Tesla stock has been on a tear of late, adding 34% over the past three months as investors have become more bullish about third quarter earnings due out on Wednesday evening. Shares have gained another 3.2% Monday.</p><p><blockquote>由于投资者对周三晚间公布的第三季度财报更加看好，特斯拉股价最近一直在上涨，过去三个月上涨了34%。周一股价又上涨3.2%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-nio-51634569822?mod=hp_DAY_6\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来","TSLA":"特斯拉","VLKAF":"Volkswagen AG","DDAIF":"戴姆勒汽车","01211":"比亚迪股份","GM":"通用汽车","TM":"丰田汽车","LI":"理想汽车"},"source_url":"https://www.barrons.com/articles/tesla-stock-nio-51634569822?mod=hp_DAY_6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147398025","content_text":"Tesla and other electric-vehicle makers account for almost half of the value wrapped up in car-manufacturer stocks. Does that make sense?\nMonday, Bernstein analyst Toni Sacconaghi asked that question. He’s a Tesla (ticker: TSLA) bear—rating shares Sell with a $300 price target—mainly because he believes the stock is pricey. Still, EVs can be worth half of the industry if investors buy into three ideas.\nToday, 16 EV makers—including Tesla and yet-to-be public Rivian—are worth a combined $1.14 trillion. Tesla accounts for 74% of total EV value. Four of the top 10 most valuable auto makers are EV companies including: Tesla, Rivian,BYD (1211.Hong Kong), and NIO (NIO).\nAs for the makers of conventional vehicles, more than 50 auto makers are worth a combined $1.42 trillion. The most valuable traditional car companies are:Toyota Motor (TM),Volkswagen (VOW3.Germany),Daimler (DAI.Germany), and General Motors (GM).\nSales by the traditional companies still dominates unit volume, selling about 99% of the cars globally—97% of those are gasoline-powered, and 2% are EV. The EV pure-plays sell the remaining 1% worldwide.\n“The thinking, of course, is that pure-play EV vendors will ultimately come to dominate the automotive world,” wrote Sacconaghi in a Monday report.\nThat’s the first thing investors need to believe to justify EV valuations. Sacconaghi points out that 2014 pure-play EV companies accounted for 14% of electric-car sales. That’s 28% today. Pure-play EV companies’ market share is growing.\nThat’s the second belief required to stay bullish on EV makers’ stocks—that market share will continue to improve. “We suspect the market believes …that traditional OEMs will not be able to deliver competitive EV offerings in the future,” adds the analyst in his report. OEM is short for original equipment manufacturer, industry jargon for auto maker.\nThe final thing investors need to believe is that EVs will be more profitable, per car, than conventional vehicles. EV companies tend to sell direct—which can help profitability. EV makers are also the leaders in selling add-on subscription based services. Tesla’s Full Self-Driving Capability, or FSD, is probably the best example. Tesla sells the higher levels of its autonomous-driving software as a monthly subscription or for $10,000.\nThe mix of volume and profit growth driven by superior products could justify valuations, but Sacconaghi isn’t a believer. “Our contention is that the automotive industry is an increasingly global and hypercompetitive industry and we believe that surplus profits and technology innovation will likely be competed away over time.”\nHis views of the industry is one of the reasons he calls Tesla valuation “too rich.”\nTime will tell who is right. Sacconaghi’s target price still implies Tesla should be the world’s most valuable car company, just not two to three times the value of Toyota.\nTesla stock has been on a tear of late, adding 34% over the past three months as investors have become more bullish about third quarter earnings due out on Wednesday evening. Shares have gained another 3.2% Monday.","news_type":1,"symbols_score_info":{"GM":0.9,"DDAIF":0.9,"01211":0.9,"TM":0.9,"XPEV":0.9,"LI":0.9,"NIO":0.9,"TSLA":0.9,"VLKAF":0.9}},"isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}