yourself的个人主页 - 老虎社区

yourself

暂无个人介绍

IP属地：未知

135关注

2粉丝

0主题

0勋章

2021-07-26

The triangle will win the battle and the war

抱歉，原内容已删除

2021-09-19

So I can do it was a lot of people who are sharing connections ideas and opportunities to the arts

抱歉，原内容已删除

2021-07-31

lotto or mi

Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades

2021-08-16

Ok sure if you have any questions or concerns please visit the entrance to the arts in English literature

Tilray Stock Is Probably Overvalued At This Price

2021-08-12

Hey it was a lot of people

抱歉，原内容已删除

2021-07-23

Insightful

抱歉，原内容已删除

2021-08-02

bananas

Expedia: Perfectly Valued, Perfectly Situated

2021-07-25

Cook Islands

抱歉，原内容已删除

2021-09-02

Playback is it a bit iuyyy in my head

抱歉，原内容已删除

2021-09-08

Using mm 😀😀😀😀 the arts in English and cheese and the call just now and cheese and wine

抱歉，原内容已删除

2021-08-23

East coast park and to the arts in English

抱歉，原内容已删除

2021-08-21

Dear user local I think it's the arts

Buy the pullback in chip stocks — and focus on these 6 companies for the long haul

2021-08-11

Yes I am not sure if you have any questions

抱歉，原内容已删除

2021-07-30

what is love?

抱歉，原内容已删除

2021-07-23

Glad u read this

抱歉，原内容已删除

2021-09-14

$Ceragon Networks(CRNT)$hhhu me know if there is a good day

2021-09-01

Nice 😊👍🏻 the arts the arts in English

抱歉，原内容已删除

2021-08-11

Hey I just wanted to let you know that I have a great day and I will be in the future of our games are based on the entrance

抱歉，原内容已删除

2021-08-01

so smart and funny

抱歉，原内容已删除

2021-07-30

i think therefore i am

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"4089375229568220","uuid":"4089375229568220","gmtCreate":1626274010151,"gmtModify":1626274010151,"name":"yourself","pinyin":"yourself","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":135,"tweetSize":29,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.09","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.09%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":887624853,"gmtCreate":1632030304172,"gmtModify":1632803212813,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"So I can do it was a lot of people who are sharing connections ideas and opportunities to the arts","listText":"So I can do it was a lot of people who are sharing connections ideas and opportunities to the arts","text":"So I can do it was a lot of people who are sharing connections ideas and opportunities to the arts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/887624853","repostId":"2168508161","repostType":4,"isVote":1,"tweetType":1,"viewCount":1124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886471180,"gmtCreate":1631621747140,"gmtModify":1631890130230,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRNT\">$Ceragon Networks(CRNT)$</a>hhhu me know if there is a good day","listText":"<a href=\"https://laohu8.com/S/CRNT\">$Ceragon Networks(CRNT)$</a>hhhu me know if there is a good day","text":"$Ceragon Networks(CRNT)$hhhu me know if there is a good day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886471180","isVote":1,"tweetType":1,"viewCount":2253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880531642,"gmtCreate":1631064304286,"gmtModify":1631890130235,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Using mm 😀😀😀😀 the arts in English and cheese and&nbsp;the call just now and cheese and wine","listText":"Using mm 😀😀😀😀 the arts in English and cheese and&nbsp;the call just now and cheese and wine","text":"Using mm 😀😀😀😀 the arts in English and cheese and the call just now and cheese and wine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880531642","repostId":"2165545483","repostType":4,"isVote":1,"tweetType":1,"viewCount":1227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812505213,"gmtCreate":1630593112632,"gmtModify":1631890130237,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Playback is it a bit iuyyy in my head","listText":"Playback is it a bit iuyyy in my head","text":"Playback is it a bit iuyyy in my head","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812505213","repostId":"1108690074","repostType":4,"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816199807,"gmtCreate":1630474454909,"gmtModify":1631890130240,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Nice 😊👍🏻 the arts the arts in English","listText":"Nice 😊👍🏻 the arts the arts in English","text":"Nice 😊👍🏻 the arts the arts in English","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816199807","repostId":"1173514242","repostType":4,"isVote":1,"tweetType":1,"viewCount":999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818227830,"gmtCreate":1630415833820,"gmtModify":1631890130247,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Nice 👍🏻👍🏻👍🏻👍🏻","listText":"Nice 👍🏻👍🏻👍🏻👍🏻","text":"Nice 👍🏻👍🏻👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818227830","repostId":"2163450854","repostType":4,"repost":{"id":"2163450854","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1630413300,"share":"https://www.laohu8.com/m/news/2163450854?lang=&edition=full","pubTime":"2021-08-31 20:35","market":"us","language":"en","title":"XpresSpa Group Announces Board Authorization for Stock Repurchase Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2163450854","media":"GlobeNewswire","summary":"Up to 15 Million Shares of Outstanding Common Stock May Be Repurchased\nNEW YORK, Aug. 31, 2021 (GLOB","content":"<p><i>Up to 15 Million Shares of Outstanding Common Stock May Be Repurchased</i></p>\n<p>NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- <a href=\"https://laohu8.com/S/XSPA\">XpresSpa Group</a>, Inc. (Nasdaq: XSPA), a travel health and wellness company, today announced that its Board of Directors has authorized a stock repurchase program for up to 15,000,000 shares of its outstanding common stock.</p>\n<p>\"Our XpresCheck™ COVID-19 testing business continues to grow and perform well. In July, increased testing volumes and improved mix of higher margin rapid tests resulted in higher overall practice fees than in June. Additionally, these activities exclude any testing related to our new CDC relationship or from our El Al Airlines pilot program. We believe launching a stock buyback program reflects our confidence in the long-term prospects of the business and the undervalued price of our stock,\" said Bruce Bernstein, Chairman of the Board of XpresSpa Group, Inc. “Consistent with our business philosophy, we will continue to evaluate investment opportunities in the business against buying back shares.\"</p>\n<p>The shares may be repurchased on the open market, in privately negotiated transactions, or otherwise in accordance with applicable federal securities laws. The specific timing and amount of future repurchases will be determined by market conditions, cash flow requirements, securities law limitations, and other factors. Repurchases may continue from time to time, as conditions permit, until the number of shares authorized to be repurchased have been acquired, or until the authorization to repurchase is terminated or expires, whichever occurs first.</p>\n<p>The share repurchase authorization will be used at management’s discretion and will expire on September 15, 2022, unless further extended by the Board of Directors. The repurchase program may also be suspended, modified, or discontinued at any time.</p>\n<p><b><u>About XpresSpa Group, Inc. </u></b></p>\n<p>XpresSpa Group, Inc. (Nasdaq: XSPA) is a leading global health and wellness holding company operating three distinct brands: Treat™, XpresCheck™, and XpresSpa™. Treat is a travel health and wellness brand that will be providing on-demand access to healthcare through technology and personalized services. XpresCheck is a leading on-site airport provider of COVID-19 screening and testing with 13 locations in 11 domestic airports. XpresSpa is a leading airport retailer of spa services and related health and wellness products, with 43 locations in 21 airports globally.</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>XpresSpa Group Announces Board Authorization for Stock Repurchase Program</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXpresSpa Group Announces Board Authorization for Stock Repurchase Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-08-31 20:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>Up to 15 Million Shares of Outstanding Common Stock May Be Repurchased</i></p>\n<p>NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- <a href=\"https://laohu8.com/S/XSPA\">XpresSpa Group</a>, Inc. (Nasdaq: XSPA), a travel health and wellness company, today announced that its Board of Directors has authorized a stock repurchase program for up to 15,000,000 shares of its outstanding common stock.</p>\n<p>\"Our XpresCheck™ COVID-19 testing business continues to grow and perform well. In July, increased testing volumes and improved mix of higher margin rapid tests resulted in higher overall practice fees than in June. Additionally, these activities exclude any testing related to our new CDC relationship or from our El Al Airlines pilot program. We believe launching a stock buyback program reflects our confidence in the long-term prospects of the business and the undervalued price of our stock,\" said Bruce Bernstein, Chairman of the Board of XpresSpa Group, Inc. “Consistent with our business philosophy, we will continue to evaluate investment opportunities in the business against buying back shares.\"</p>\n<p>The shares may be repurchased on the open market, in privately negotiated transactions, or otherwise in accordance with applicable federal securities laws. The specific timing and amount of future repurchases will be determined by market conditions, cash flow requirements, securities law limitations, and other factors. Repurchases may continue from time to time, as conditions permit, until the number of shares authorized to be repurchased have been acquired, or until the authorization to repurchase is terminated or expires, whichever occurs first.</p>\n<p>The share repurchase authorization will be used at management’s discretion and will expire on September 15, 2022, unless further extended by the Board of Directors. The repurchase program may also be suspended, modified, or discontinued at any time.</p>\n<p><b><u>About XpresSpa Group, Inc. </u></b></p>\n<p>XpresSpa Group, Inc. (Nasdaq: XSPA) is a leading global health and wellness holding company operating three distinct brands: Treat™, XpresCheck™, and XpresSpa™. Treat is a travel health and wellness brand that will be providing on-demand access to healthcare through technology and personalized services. XpresCheck is a leading on-site airport provider of COVID-19 screening and testing with 13 locations in 11 domestic airports. XpresSpa is a leading airport retailer of spa services and related health and wellness products, with 43 locations in 21 airports globally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163450854","content_text":"Up to 15 Million Shares of Outstanding Common Stock May Be Repurchased\nNEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- XpresSpa Group, Inc. (Nasdaq: XSPA), a travel health and wellness company, today announced that its Board of Directors has authorized a stock repurchase program for up to 15,000,000 shares of its outstanding common stock.\n\"Our XpresCheck™ COVID-19 testing business continues to grow and perform well. In July, increased testing volumes and improved mix of higher margin rapid tests resulted in higher overall practice fees than in June. Additionally, these activities exclude any testing related to our new CDC relationship or from our El Al Airlines pilot program. We believe launching a stock buyback program reflects our confidence in the long-term prospects of the business and the undervalued price of our stock,\" said Bruce Bernstein, Chairman of the Board of XpresSpa Group, Inc. “Consistent with our business philosophy, we will continue to evaluate investment opportunities in the business against buying back shares.\"\nThe shares may be repurchased on the open market, in privately negotiated transactions, or otherwise in accordance with applicable federal securities laws. The specific timing and amount of future repurchases will be determined by market conditions, cash flow requirements, securities law limitations, and other factors. Repurchases may continue from time to time, as conditions permit, until the number of shares authorized to be repurchased have been acquired, or until the authorization to repurchase is terminated or expires, whichever occurs first.\nThe share repurchase authorization will be used at management’s discretion and will expire on September 15, 2022, unless further extended by the Board of Directors. The repurchase program may also be suspended, modified, or discontinued at any time.\nAbout XpresSpa Group, Inc. \nXpresSpa Group, Inc. (Nasdaq: XSPA) is a leading global health and wellness holding company operating three distinct brands: Treat™, XpresCheck™, and XpresSpa™. Treat is a travel health and wellness brand that will be providing on-demand access to healthcare through technology and personalized services. XpresCheck is a leading on-site airport provider of COVID-19 screening and testing with 13 locations in 11 domestic airports. XpresSpa is a leading airport retailer of spa services and related health and wellness products, with 43 locations in 21 airports globally.","news_type":1,"symbols_score_info":{"XSPA":0.9}},"isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819486785,"gmtCreate":1630089067547,"gmtModify":1704955832569,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"High quality of people who are","listText":"High quality of people who are","text":"High quality of people who are","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819486785","repostId":"819395936","repostType":1,"repost":{"id":819395936,"gmtCreate":1630032338921,"gmtModify":1704954908136,"author":{"id":"3527667596890271","authorId":"3527667596890271","name":"Buy_Sell","avatar":"https://static.tigerbbs.com/a5f0ed79a338c758a22e0b4ea13bf9d2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667596890271","authorIdStr":"3527667596890271"},"themes":[],"title":"🚀【8月27日】美股连涨势头终结？！今天有什么操作？","htmlText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 8月27日，港股三大指数集体低开，恒指跌0.31%报25337点，国指跌0.17%报8922点，恒生科技指数跌0.01%报6336点。 盘面上，燃气股、乳业股、餐饮股、医药股、烟草概念股、纸业股普遍上涨，蒙牛乳业涨2.65%；大型科网股涨跌不一，<a target=\"_blank\" href=\"https://laohu8.com/S/09888\">$百度集团-SW(09888)$</a> 高开1.34%，<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 小幅上涨，<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 低开；物管股、体育用品股、光伏股、教育股普跌。 <a target=\"_blank\" href=\"https://laohu8.com/S/02318\">$中国平安(02318)$</a> 高开1.05%，2021年上半年，公司实现归属于母公司股东的营运利润818.36亿元，同比增长10.1%；年化营运ROE达21.0%；归属于母公司股东的净利润580.05亿元，同比下降15.5%。中国平安发布公告称，公司拟使用不低于50亿元且不超过100亿元的自有资金，以不超过82.56元/股的价格回购A股。","listText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 8月27日，港股三大指数集体低开，恒指跌0.31%报25337点，国指跌0.17%报8922点，恒生科技指数跌0.01%报6336点。 盘面上，燃气股、乳业股、餐饮股、医药股、烟草概念股、纸业股普遍上涨，蒙牛乳业涨2.65%；大型科网股涨跌不一，<a target=\"_blank\" href=\"https://laohu8.com/S/09888\">$百度集团-SW(09888)$</a> 高开1.34%，<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 小幅上涨，<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 低开；物管股、体育用品股、光伏股、教育股普跌。 <a target=\"_blank\" href=\"https://laohu8.com/S/02318\">$中国平安(02318)$</a> 高开1.05%，2021年上半年，公司实现归属于母公司股东的营运利润818.36亿元，同比增长10.1%；年化营运ROE达21.0%；归属于母公司股东的净利润580.05亿元，同比下降15.5%。中国平安发布公告称，公司拟使用不低于50亿元且不超过100亿元的自有资金，以不超过82.56元/股的价格回购A股。","text":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 8月27日，港股三大指数集体低开，恒指跌0.31%报25337点，国指跌0.17%报8922点，恒生科技指数跌0.01%报6336点。 盘面上，燃气股、乳业股、餐饮股、医药股、烟草概念股、纸业股普遍上涨，蒙牛乳业涨2.65%；大型科网股涨跌不一，$百度集团-SW(09888)$ 高开1.34%，$京东集团-SW(09618)$ 、$快手-W(01024)$ 小幅上涨，$阿里巴巴-SW(09988)$ 、$腾讯控股(00700)$ 低开；物管股、体育用品股、光伏股、教育股普跌。 $中国平安(02318)$ 高开1.05%，2021年上半年，公司实现归属于母公司股东的营运利润818.36亿元，同比增长10.1%；年化营运ROE达21.0%；归属于母公司股东的净利润580.05亿元，同比下降15.5%。中国平安发布公告称，公司拟使用不低于50亿元且不超过100亿元的自有资金，以不超过82.56元/股的价格回购A股。","images":[{"img":"https://static.tigerbbs.com/2c713dcc3fbf69fd43b5daf1a7b65576","width":"226","height":"220"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819395936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835175480,"gmtCreate":1629698986740,"gmtModify":1631890130250,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"East coast park and to the arts in English","listText":"East coast park and to the arts in English","text":"East coast park and to the arts in English","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835175480","repostId":"2161742695","repostType":4,"isVote":1,"tweetType":1,"viewCount":2069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832071605,"gmtCreate":1629551025907,"gmtModify":1631890130254,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Dear user local I think it's the arts","listText":"Dear user local I think it's the arts","text":"Dear user local I think it's the arts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/832071605","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","kind":"news","pubTimestamp":1629728324,"share":"https://www.laohu8.com/m/news/1151608193?lang=&edition=full","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASML":"阿斯麦","SSNLF":"三星电子","NVDA":"英伟达","GOOGL":"谷歌A","ON":"安森美半导体","TSM":"台积电","SOXX":"iShares费城交易所半导体ETF","AMZN":"亚马逊","CDNS":"铿腾电子","AAPL":"苹果","GOOG":"谷歌","QCOM":"高通","SNPS":"新思科技"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1,"symbols_score_info":{"AAPL":0.9,"AMZN":0.9,"ASML":0.9,"CDNS":0.9,"GOOG":0.9,"GOOGL":0.9,"NVDA":0.9,"ON":0.9,"QCOM":0.9,"SNPS":0.9,"SOXX":0.9,"SSNLF":0.9,"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":1531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830404490,"gmtCreate":1629086877410,"gmtModify":1631890130257,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Ok sure if you have any questions or concerns please visit the entrance to the arts in English literature","listText":"Ok sure if you have any questions or concerns please visit the entrance to the arts in English literature","text":"Ok sure if you have any questions or concerns please visit the entrance to the arts in English literature","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830404490","repostId":"1157945388","repostType":4,"repost":{"id":"1157945388","kind":"news","pubTimestamp":1629084070,"share":"https://www.laohu8.com/m/news/1157945388?lang=&edition=full","pubTime":"2021-08-16 11:21","market":"us","language":"en","title":"Tilray Stock Is Probably Overvalued At This Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1157945388","media":"InvestorPlace","summary":"Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) p","content":"<p>Investors have unrealistic expectations for TLRY stock</p>\n<p>I believe that two of&nbsp;<b>Tilray’s</b>(NASDAQ:<b><u>TLRY)</u></b>&nbsp;potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is overvalued, as it likely reflects an important misunderstanding, along with optimism about U.S. legalization that’s unlikely to materialize.</p>\n<p>As a result, I recommend that investors sell the shares at their current levels.</p>\n<p><b>2 Potential Positive Catalysts Could Materialize</b></p>\n<p>During Tilray’s fourth-quarter earnings call on July 28, Tilray CEO Irwin Simon said&nbsp;that the company could utilize&nbsp;its “strong cash position and balance sheet flexibility,” along with several of its strengths, including its “curated portfolio of diverse medical and adult-use brands … to transform the industry.”</p>\n<p>Simon probably won’t be able to transform the cannabis industry. But given the advanced average age of Canada and the EU and the fact that their populations are rapidly aging, I think that medical marijuana could be helpful to TLRY stock and its peers.</p>\n<p>With many baby boomers and Generation Xers – some of whom are much more accepting of cannabis than preceding generations – suffering more acute medical issues than in previous years, I would not be surprised if the demand for medical marijuana surges. That scenario is particularly likely to materialize in the EU nations that have legalized medical marijuana while keeping recreational cannabis illegal, as many people who want to try cannabis but do not want to risk arrest in those nations could seek to obtain medical marijuana.</p>\n<p>Tilray is sensibly taking several steps to try to exploit increased demand for medical marijuana. For example, last month it began to produce medical cannabis cultivated in Germany for German pharmacies. Simon said that Tilray is on its way to becoming “the first licensed producer to cultivate medical cannabis in Germany.” Recreational cannabis&nbsp;is illegal in the nation, but medical cannabis is permitted.</p>\n<p>The company also launched a new medical cannabis brand called Symbios which, according to Simon “was developed to provide a broader spectrum of formats and unique cannabinoid ratios at a better price point” while providing “a full comprehensive assortment of products, including flower, oils and pre-rolls for their health wellness regimen.”</p>\n<p>And in the EU, Tilray, which obviously has a presence in the bloc, can benefit from more countries legalizing cannabis. Denmark, Luxembourg and the Netherlands are all considering doing so, and Portugal may also weigh such an initiative soon. While those are all small countries, larger EU nations may legalize the drug in the next few years.</p>\n<p><b>TLRY Stock Reflects Unrealistic Catalysts</b></p>\n<p>Tilray merged with Aphria in May. In a strange maneuver that I’ve never seen before in 14 years of reporting on stocks, the combined company – for the purposes of deriving year-over-year comparisons – seems to have compared its Q2 financial results to the earnings that Aphria reported, on its own, for Q2 of 2020.</p>\n<p>Put another way, when Tilray announced last month that its fiscal Q4 net revenue had jumped 27% versus the same period a year earlier and that its cannabis sales had soared 55% from the previous year, it was comparing the combined company’s results last quarter to the results of Aphria on its own in the same period of 2020.</p>\n<p>Undoubtedly, many retail investors did not realize that the comparisons were so distorted. Consequently, TLRY stock probably reflects this inaccurate view of the company’s year-over-year growth, inflating the shares’ value.</p>\n<p>Moreover, Simon generally sounded optimistic that full legalization of cannabis in the U.S. may happen soon. But, in line with my previous predictions, on July 29,<i>The Los Angeles Times</i>reported that most expertsdo not expect the Senate to pass a cannabis legalization bill unveiled by Senate Majority Leader Chuck Schumer in its current form.</p>\n<p>Because of filibusters, legalization would need the support of every Senate Democrat and 10 Republicans. As the<i>Times</i>suggested, that will be a tough feat. And as we get closer to the 2022 congressional elections, I think that the chances of legalization passing the Senate will only fall further.</p>\n<p>Since the vast majority of strong supporters of legalization will probably vote for Democratic congressional candidates whatever happens with legalization, I don’t think Democratic senators up for reelection in 2022 have much incentive to alienate some swing voters by voting to legalize cannabis. And nearly all Republicans will not be eager to anger conservative voters who strongly oppose legalization.</p>\n<p>As long as the filibuster remains intact, I think the only way that legalization will ever pass the Senate is if the Democrats have at least 54 seats and a Democratic president makes legalization a top priority.</p>\n<p>Since neither of those conditions is remotely close to being met now, I don’t expect full federal legalization to happen for years, if ever.</p>\n<p><b>The Bottom Line on TLRY Stock</b></p>\n<p>I believe that Tilray is right to focus on the medical marijuana market, particularly in countries that have not yet legalized recreational marijuana. And Tilray could boost its results by entering nations in the EU that legalize the drug.</p>\n<p>But I think that TLRY stock currently reflects unrealistic assumptions about its growth and about the chances of U.S. legalization.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tilray Stock Is Probably Overvalued At This Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTilray Stock Is Probably Overvalued At This Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 11:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is...</p>\n\n<a href=\"https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc."},"source_url":"https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157945388","content_text":"Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is overvalued, as it likely reflects an important misunderstanding, along with optimism about U.S. legalization that’s unlikely to materialize.\nAs a result, I recommend that investors sell the shares at their current levels.\n2 Potential Positive Catalysts Could Materialize\nDuring Tilray’s fourth-quarter earnings call on July 28, Tilray CEO Irwin Simon said that the company could utilize its “strong cash position and balance sheet flexibility,” along with several of its strengths, including its “curated portfolio of diverse medical and adult-use brands … to transform the industry.”\nSimon probably won’t be able to transform the cannabis industry. But given the advanced average age of Canada and the EU and the fact that their populations are rapidly aging, I think that medical marijuana could be helpful to TLRY stock and its peers.\nWith many baby boomers and Generation Xers – some of whom are much more accepting of cannabis than preceding generations – suffering more acute medical issues than in previous years, I would not be surprised if the demand for medical marijuana surges. That scenario is particularly likely to materialize in the EU nations that have legalized medical marijuana while keeping recreational cannabis illegal, as many people who want to try cannabis but do not want to risk arrest in those nations could seek to obtain medical marijuana.\nTilray is sensibly taking several steps to try to exploit increased demand for medical marijuana. For example, last month it began to produce medical cannabis cultivated in Germany for German pharmacies. Simon said that Tilray is on its way to becoming “the first licensed producer to cultivate medical cannabis in Germany.” Recreational cannabis is illegal in the nation, but medical cannabis is permitted.\nThe company also launched a new medical cannabis brand called Symbios which, according to Simon “was developed to provide a broader spectrum of formats and unique cannabinoid ratios at a better price point” while providing “a full comprehensive assortment of products, including flower, oils and pre-rolls for their health wellness regimen.”\nAnd in the EU, Tilray, which obviously has a presence in the bloc, can benefit from more countries legalizing cannabis. Denmark, Luxembourg and the Netherlands are all considering doing so, and Portugal may also weigh such an initiative soon. While those are all small countries, larger EU nations may legalize the drug in the next few years.\nTLRY Stock Reflects Unrealistic Catalysts\nTilray merged with Aphria in May. In a strange maneuver that I’ve never seen before in 14 years of reporting on stocks, the combined company – for the purposes of deriving year-over-year comparisons – seems to have compared its Q2 financial results to the earnings that Aphria reported, on its own, for Q2 of 2020.\nPut another way, when Tilray announced last month that its fiscal Q4 net revenue had jumped 27% versus the same period a year earlier and that its cannabis sales had soared 55% from the previous year, it was comparing the combined company’s results last quarter to the results of Aphria on its own in the same period of 2020.\nUndoubtedly, many retail investors did not realize that the comparisons were so distorted. Consequently, TLRY stock probably reflects this inaccurate view of the company’s year-over-year growth, inflating the shares’ value.\nMoreover, Simon generally sounded optimistic that full legalization of cannabis in the U.S. may happen soon. But, in line with my previous predictions, on July 29,The Los Angeles Timesreported that most expertsdo not expect the Senate to pass a cannabis legalization bill unveiled by Senate Majority Leader Chuck Schumer in its current form.\nBecause of filibusters, legalization would need the support of every Senate Democrat and 10 Republicans. As theTimessuggested, that will be a tough feat. And as we get closer to the 2022 congressional elections, I think that the chances of legalization passing the Senate will only fall further.\nSince the vast majority of strong supporters of legalization will probably vote for Democratic congressional candidates whatever happens with legalization, I don’t think Democratic senators up for reelection in 2022 have much incentive to alienate some swing voters by voting to legalize cannabis. And nearly all Republicans will not be eager to anger conservative voters who strongly oppose legalization.\nAs long as the filibuster remains intact, I think the only way that legalization will ever pass the Senate is if the Democrats have at least 54 seats and a Democratic president makes legalization a top priority.\nSince neither of those conditions is remotely close to being met now, I don’t expect full federal legalization to happen for years, if ever.\nThe Bottom Line on TLRY Stock\nI believe that Tilray is right to focus on the medical marijuana market, particularly in countries that have not yet legalized recreational marijuana. And Tilray could boost its results by entering nations in the EU that legalize the drug.\nBut I think that TLRY stock currently reflects unrealistic assumptions about its growth and about the chances of U.S. legalization.","news_type":1,"symbols_score_info":{"TLRY":0.9}},"isVote":1,"tweetType":1,"viewCount":1174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895473492,"gmtCreate":1628770060116,"gmtModify":1631890130260,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Hey it was a lot of people","listText":"Hey it was a lot of people","text":"Hey it was a lot of people","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895473492","repostId":"2158254838","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892803368,"gmtCreate":1628646327954,"gmtModify":1631892627754,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Yes I am not sure if you have any questions","listText":"Yes I am not sure if you have any questions","text":"Yes I am not sure if you have any questions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892803368","repostId":"1179634268","repostType":4,"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892809852,"gmtCreate":1628646303576,"gmtModify":1631892627761,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"Hey I just wanted to let you know that I have a great day and I will be in the future of our games are based on the entrance","listText":"Hey I just wanted to let you know that I have a great day and I will be in the future of our games are based on the entrance","text":"Hey I just wanted to let you know that I have a great day and I will be in the future of our games are based on the entrance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892809852","repostId":"1144336160","repostType":4,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890527717,"gmtCreate":1628125063539,"gmtModify":1631892627765,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"H","listText":"H","text":"H","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890527717","repostId":"2029382087","repostType":2,"repost":{"id":"2029382087","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1587462749,"share":"https://www.laohu8.com/m/news/2029382087?lang=&edition=full","pubTime":"2020-04-21 17:52","market":"us","language":"en","title":"Chongqing Fuling Zhacai Group's Q1 Net Profit Up 6.7% Y/Y","url":"https://stock-news.laohu8.com/highlight/detail?id=2029382087","media":"T-Reuters","summary":"Chongqing Fuling Zhacai Group Co Ltd <002507.SZ>:Says Q1 Net Profit Up 6.7% Y/Y At 165.6 Million Yua","content":"<html><body><p>Chongqing Fuling Zhacai Group Co Ltd &lt;002507.SZ&gt;:Says Q1 Net Profit Up 6.7% Y/Y At 165.6 Million Yuan ($23.35 Million).</p></body></html>","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>Chongqing Fuling Zhacai Group's Q1 Net Profit Up 6.7% Y/Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChongqing Fuling Zhacai Group's Q1 Net Profit Up 6.7% Y/Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2020-04-21 17:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Chongqing Fuling Zhacai Group Co Ltd &lt;002507.SZ&gt;:Says Q1 Net Profit Up 6.7% Y/Y At 165.6 Million Yuan ($23.35 Million).</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"002507":"涪陵榨菜"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2029382087","content_text":"Chongqing Fuling Zhacai Group Co Ltd <002507.SZ>:Says Q1 Net Profit Up 6.7% Y/Y At 165.6 Million Yuan ($23.35 Million).","news_type":1,"symbols_score_info":{"002507":0.9}},"isVote":1,"tweetType":1,"viewCount":655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805624305,"gmtCreate":1627877847707,"gmtModify":1631892627768,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"bananas","listText":"bananas","text":"bananas","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805624305","repostId":"1190185935","repostType":4,"repost":{"id":"1190185935","kind":"news","pubTimestamp":1627874910,"share":"https://www.laohu8.com/m/news/1190185935?lang=&edition=full","pubTime":"2021-08-02 11:28","market":"us","language":"en","title":"Expedia: Perfectly Valued, Perfectly Situated","url":"https://stock-news.laohu8.com/highlight/detail?id=1190185935","media":"seekingalpha","summary":"Summary\n\nExpedia's income plunged after lockdowns shut down travel across the world. Now, they are t","content":"<p><b>Summary</b></p>\n<ul>\n <li>Expedia's income plunged after lockdowns shut down travel across the world. Now, they are trading above pre-pandemic levels with travel not yet recovered.</li>\n <li>With business and international travel expected to pick up in late 2020 or early 2021, I believe the company is perfectly valued and situated to take advantage of steady growth.</li>\n <li>I am bullish on the company's 5-year prospects.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c936ae728a0a5e399ec9eb9f9d5a71d\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>ArtMarie/E+ via Getty Images</span></p>\n<p>Travel, in all of its forms, has taken the biggest hit from closures and lockdown during the COVID-19 pandemic as flights were cancelled, hotels shuttered and individuals and companies reducing travel to near zero for nearly a year.</p>\n<p>Expedia (EXPE), through its various offerings, is a major player in the travel industry, where it offers a database of flights, hotels, car rentals, short-term apartment rentals, cruise bookings and more. During the pandemic, they've seen their revenues plunge from over $12 billion in 2019 to just over $5 billion in 2020 and subsequently suspended their dividend and reported a wide loss of over $1.5 billion for 2020.</p>\n<p>Now, with the recovery underway and retail travel reaching record reopening numbers, there are several positives and negatives to consider with Expedia. The negative one being share price, with them currently trading at roughly double where they were before the pandemic even started, yet travel is not expected to return to those levels for quite some time. The positive side of this is that we now have a clear indication that travel growth is expected to remain high for quite some time, allowing for higher industry valuations. Let's explore these catalysts and see where the company stands relative to the industry and its closest peers.</p>\n<p><b>Negative Approach: Overvalued? Competition?</b></p>\n<p>Before getting to the share price and competitive parts of the conversation, let's explore some other negative elements to Expedia.</p>\n<p>Debt and interest expense had surged in2019following expansion into various industries and consolidation. Debt went from $4.2 billion in 2019 to $8.2 billion in 2020 and interest expense nearlydoubledas well, from under $200 million to $408 million in the most recent company update. This may have been a strategic mistake on behalf of the company since we're now expecting interest rates to increase over the coming years, meaning that the company can see interest expense nearly double and approach $750 million by 2023 if they don't put a plan to retire or restructure some of the debt.</p>\n<p>Even so, the company does have a high cash position and they can, in theory, use it to pay down some of their high interest debt earlier than expected to avoid this charge. I'll discuss their cash situation later in the article.</p>\n<p>The main negative approach I had when I first saw the company's share price recovery in full effect is their valuation. Before the COVID-19 pandemic shut down worldwide travel, the company was trading around the $120.00 per share levels and are now trading around $170.00 per share, roughly 50% higher at various peaks. This is happening even as travel, and revenues, are not expected to recover to pre-pandemic levels until 24 months from now and even longer if we don't see the expected international travel pick up, since right now domestic travel surges are compensating for softer business and international travel.</p>\n<p>Even so, a look at the company's valuation and multiples based off analyst projections, along with what I believe will be a better-than-expected actual results from the company, shows that the company is, for lack of a better term, perfectly and fairly valued.</p>\n<p><b>Company Valuation: Perfection</b></p>\n<p>Looking at the company's own projections isn't enough here, since competitive pressures remain high in this relatively saturated industry. Let's evaluate the company relative to Booking Holdings (BKNG), which is currently the world's largest online travel company and Expedia's closest competitor in the public markets.</p>\n<p>First, let's look at&nbsp;expected EPS growth&nbsp;through the next 5 years.</p>\n<p><img src=\"https://static.tigerbbs.com/e8564ffd38e826bfa96a0864185eba3f\" tg-width=\"905\" tg-height=\"351\" width=\"100%\" height=\"auto\"></p>\n<p>Given that Expedia is coming out of a loss per share while Booking managed to maintain a profit, it's important to look at the expected growth from 2022 to 2025 to get a sense of comparison. Over that time period, Expedia is set to grow EPS by 82% while Booking is set to grow EPS by 62%. This given Expedia an advantage, I believe, in valuation multiples when compared to Booking. Let's look at multiples.</p>\n<p><img src=\"https://static.tigerbbs.com/3f8870ade9bafc30cdd64dcaa252ef94\" tg-width=\"905\" tg-height=\"213\" width=\"100%\" height=\"auto\"></p>\n<p>As we can see, even though Expedia is expected to grow at a slightly faster rate over the next 5 years than Booking is, they're trading at slightly lower to even multiples. Now, it's possible that Booking is slightly overvalued while Expedia is fairly valued, but I believe that based off the aforementioned factors and given that I believe Expedia can continue to enjoy higher margins (Expedia currently holds a 68% gross margin while Booking a 64% margin), that both cases are true and that Booking is slightly overvalued while Expedia is ever-so-slightly undervalued.</p>\n<p><b>Balance Sheets and Other Competition</b></p>\n<p>There are 2 more factors worth considering, one positive and one negative.</p>\n<p>The positive factor is the company's balance sheet. Even though they hold a large debt position of over $8 billion and are likely to see interest expense rise as interest rates do, they hold one of their largest cash positions they've even had, aided by cost cutting initiatives throughout the pandemic, including suspending their dividend, a factor I'll get into in the next segment.</p>\n<p>Expedia currently holds almost$4.3 billionin cash and equivalents and another $23 million in short term investments. This puts their net debt position at under $4.5 billion with expected cash flows over the next few years being enough to cover interest and restructuring charges as interest rates inch higher.</p>\n<p>The negative factor here is direct and indirect competition. As mentioned earlier, companies like Booking are their main competitive headwinds but there is also the constant possibility that new websites with superior algorithms may spur up at any moment and take away business. An example of this are various sites like Skyscanner (TCOM), which does to sites like Expedia what Expedia does to hotel and airlines sites and occasionally can find significant savings by booking with one of Expedia's competitors. The emergence of these sites won't hurt their core sales stream but can put significant pressure on the company's margins.</p>\n<p>An inorganic way that the company faces competitive pressures is from the original airlines, hotel, car rental and cruise companies themselves, which in recent years have made a big push to develop their own websites, applications and rewards centers to incentivize customers to book directly with them, saving them the booking costs to these third party sites and apps like Expedia. As these competitive pressures grow, Expedia and other online travel booking companies can see their margin take a hit as they lower commissions and prices to adapt to the rising pressures.</p>\n<p><b>Overall: Perfectly Situated</b></p>\n<p>With the industry overall and Expedia in particular expected to grow steadily over the next 5 years, as they recover from the COVID-19 pandemic plunge, investors will likely enjoy a steady growth rate of around 8% annually from Expedia, which given current overall valuations, will almost certainly be higher than the overall market.</p>\n<p>Another positive factor for Expedia is the return of their dividend. They suspended their dividend back in late 2020 to save costs as the pandemic raged on, keeping nearly $200 million annually in cash. As they stated in that same release, so this isn't just a wild speculation, I expect them to return the dividend as they recover and regain their cash flow generating capabilities.</p>\n<p>I don't know if they'll return to the $1.34 annual dividend for a yield of 0.83% annually, but I'll await further news related to their expected payout ratio. The speculative part of this is that we can see a jump in dividend payout given expected cash flows and it's possible we see a yield of over 1%, bringing total potential return closer to 10% annually, which can entice long term investors.</p>\n<p>Overall, I believe Expedia is perfectly valued and perfectly situated to take advantage of the steady growth back to and beyond levels we saw pre-pandemic as business and international travel bounces back late this year or early next year.</p>\n<p>I am bullish on Expedia's 5-year prospects.</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>Expedia: Perfectly Valued, Perfectly Situated</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExpedia: Perfectly Valued, Perfectly Situated\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4443422-expedia-perfectly-valued-perfectly-situated><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nExpedia's income plunged after lockdowns shut down travel across the world. Now, they are trading above pre-pandemic levels with travel not yet recovered.\nWith business and international ...</p>\n\n<a href=\"https://seekingalpha.com/article/4443422-expedia-perfectly-valued-perfectly-situated\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXPE":"Expedia"},"source_url":"https://seekingalpha.com/article/4443422-expedia-perfectly-valued-perfectly-situated","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190185935","content_text":"Summary\n\nExpedia's income plunged after lockdowns shut down travel across the world. Now, they are trading above pre-pandemic levels with travel not yet recovered.\nWith business and international travel expected to pick up in late 2020 or early 2021, I believe the company is perfectly valued and situated to take advantage of steady growth.\nI am bullish on the company's 5-year prospects.\n\nArtMarie/E+ via Getty Images\nTravel, in all of its forms, has taken the biggest hit from closures and lockdown during the COVID-19 pandemic as flights were cancelled, hotels shuttered and individuals and companies reducing travel to near zero for nearly a year.\nExpedia (EXPE), through its various offerings, is a major player in the travel industry, where it offers a database of flights, hotels, car rentals, short-term apartment rentals, cruise bookings and more. During the pandemic, they've seen their revenues plunge from over $12 billion in 2019 to just over $5 billion in 2020 and subsequently suspended their dividend and reported a wide loss of over $1.5 billion for 2020.\nNow, with the recovery underway and retail travel reaching record reopening numbers, there are several positives and negatives to consider with Expedia. The negative one being share price, with them currently trading at roughly double where they were before the pandemic even started, yet travel is not expected to return to those levels for quite some time. The positive side of this is that we now have a clear indication that travel growth is expected to remain high for quite some time, allowing for higher industry valuations. Let's explore these catalysts and see where the company stands relative to the industry and its closest peers.\nNegative Approach: Overvalued? Competition?\nBefore getting to the share price and competitive parts of the conversation, let's explore some other negative elements to Expedia.\nDebt and interest expense had surged in2019following expansion into various industries and consolidation. Debt went from $4.2 billion in 2019 to $8.2 billion in 2020 and interest expense nearlydoubledas well, from under $200 million to $408 million in the most recent company update. This may have been a strategic mistake on behalf of the company since we're now expecting interest rates to increase over the coming years, meaning that the company can see interest expense nearly double and approach $750 million by 2023 if they don't put a plan to retire or restructure some of the debt.\nEven so, the company does have a high cash position and they can, in theory, use it to pay down some of their high interest debt earlier than expected to avoid this charge. I'll discuss their cash situation later in the article.\nThe main negative approach I had when I first saw the company's share price recovery in full effect is their valuation. Before the COVID-19 pandemic shut down worldwide travel, the company was trading around the $120.00 per share levels and are now trading around $170.00 per share, roughly 50% higher at various peaks. This is happening even as travel, and revenues, are not expected to recover to pre-pandemic levels until 24 months from now and even longer if we don't see the expected international travel pick up, since right now domestic travel surges are compensating for softer business and international travel.\nEven so, a look at the company's valuation and multiples based off analyst projections, along with what I believe will be a better-than-expected actual results from the company, shows that the company is, for lack of a better term, perfectly and fairly valued.\nCompany Valuation: Perfection\nLooking at the company's own projections isn't enough here, since competitive pressures remain high in this relatively saturated industry. Let's evaluate the company relative to Booking Holdings (BKNG), which is currently the world's largest online travel company and Expedia's closest competitor in the public markets.\nFirst, let's look at expected EPS growth through the next 5 years.\n\nGiven that Expedia is coming out of a loss per share while Booking managed to maintain a profit, it's important to look at the expected growth from 2022 to 2025 to get a sense of comparison. Over that time period, Expedia is set to grow EPS by 82% while Booking is set to grow EPS by 62%. This given Expedia an advantage, I believe, in valuation multiples when compared to Booking. Let's look at multiples.\n\nAs we can see, even though Expedia is expected to grow at a slightly faster rate over the next 5 years than Booking is, they're trading at slightly lower to even multiples. Now, it's possible that Booking is slightly overvalued while Expedia is fairly valued, but I believe that based off the aforementioned factors and given that I believe Expedia can continue to enjoy higher margins (Expedia currently holds a 68% gross margin while Booking a 64% margin), that both cases are true and that Booking is slightly overvalued while Expedia is ever-so-slightly undervalued.\nBalance Sheets and Other Competition\nThere are 2 more factors worth considering, one positive and one negative.\nThe positive factor is the company's balance sheet. Even though they hold a large debt position of over $8 billion and are likely to see interest expense rise as interest rates do, they hold one of their largest cash positions they've even had, aided by cost cutting initiatives throughout the pandemic, including suspending their dividend, a factor I'll get into in the next segment.\nExpedia currently holds almost$4.3 billionin cash and equivalents and another $23 million in short term investments. This puts their net debt position at under $4.5 billion with expected cash flows over the next few years being enough to cover interest and restructuring charges as interest rates inch higher.\nThe negative factor here is direct and indirect competition. As mentioned earlier, companies like Booking are their main competitive headwinds but there is also the constant possibility that new websites with superior algorithms may spur up at any moment and take away business. An example of this are various sites like Skyscanner (TCOM), which does to sites like Expedia what Expedia does to hotel and airlines sites and occasionally can find significant savings by booking with one of Expedia's competitors. The emergence of these sites won't hurt their core sales stream but can put significant pressure on the company's margins.\nAn inorganic way that the company faces competitive pressures is from the original airlines, hotel, car rental and cruise companies themselves, which in recent years have made a big push to develop their own websites, applications and rewards centers to incentivize customers to book directly with them, saving them the booking costs to these third party sites and apps like Expedia. As these competitive pressures grow, Expedia and other online travel booking companies can see their margin take a hit as they lower commissions and prices to adapt to the rising pressures.\nOverall: Perfectly Situated\nWith the industry overall and Expedia in particular expected to grow steadily over the next 5 years, as they recover from the COVID-19 pandemic plunge, investors will likely enjoy a steady growth rate of around 8% annually from Expedia, which given current overall valuations, will almost certainly be higher than the overall market.\nAnother positive factor for Expedia is the return of their dividend. They suspended their dividend back in late 2020 to save costs as the pandemic raged on, keeping nearly $200 million annually in cash. As they stated in that same release, so this isn't just a wild speculation, I expect them to return the dividend as they recover and regain their cash flow generating capabilities.\nI don't know if they'll return to the $1.34 annual dividend for a yield of 0.83% annually, but I'll await further news related to their expected payout ratio. The speculative part of this is that we can see a jump in dividend payout given expected cash flows and it's possible we see a yield of over 1%, bringing total potential return closer to 10% annually, which can entice long term investors.\nOverall, I believe Expedia is perfectly valued and perfectly situated to take advantage of the steady growth back to and beyond levels we saw pre-pandemic as business and international travel bounces back late this year or early next year.\nI am bullish on Expedia's 5-year prospects.","news_type":1,"symbols_score_info":{"EXPE":0.9}},"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802736230,"gmtCreate":1627805258320,"gmtModify":1631892627768,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"so smart and funny","listText":"so smart and funny","text":"so smart and funny","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802736230","repostId":"1122171439","repostType":4,"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802017382,"gmtCreate":1627698947346,"gmtModify":1631892627769,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"lotto or mi","listText":"lotto or mi","text":"lotto or mi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/802017382","repostId":"1152039134","repostType":4,"repost":{"id":"1152039134","kind":"news","pubTimestamp":1627689014,"share":"https://www.laohu8.com/m/news/1152039134?lang=&edition=full","pubTime":"2021-07-31 07:50","market":"us","language":"en","title":"Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades","url":"https://stock-news.laohu8.com/highlight/detail?id=1152039134","media":"The Street","summary":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Repor","content":"<blockquote>\n Take it from a guy who knows, the process is really flawed.\n</blockquote>\n<p>What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p>\n<p>I can't speak to what happened on Thursday, who was in charge, who argued for what.</p>\n<p>I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p>\n<p>Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p>\n<p>Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p>\n<p>I lost on every single point.</p>\n<p>The underwriters said we could not allocate to subscribers.</p>\n<p>Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p>\n<p>Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p>\n<p>Everyone who bought that day lost money.</p>\n<p>Everyone who sold that day made money.</p>\n<p>No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p>\n<p>It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p>\n<p>I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p>\n<p>Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p>\n<p>So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p>\n<p>Greed?</p>\n<p>Stupidity?</p>\n<p>How about poor execution and a lack of transparency that shows how badly it was handled.</p>\n<p>Just like the offering ofTheStreet.com.</p>","source":"lsy1610613172068","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>Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge,...</p>\n\n<a href=\"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152039134","content_text":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge, who argued for what.\nI can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.\nSecond, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?\nThird, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.\nI lost on every single point.\nThe underwriters said we could not allocate to subscribers.\nSecond, the price of the deal would not be controlled to where we could have a small pop so everyone would win.\nThird, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.\nEveryone who bought that day lost money.\nEveryone who sold that day made money.\nNo subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.\nIt is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.\nI always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.\nWhy do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.\nSo, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.\nGreed?\nStupidity?\nHow about poor execution and a lack of transparency that shows how badly it was handled.\nJust like the offering ofTheStreet.com.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808411860,"gmtCreate":1627605692650,"gmtModify":1631892627776,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"&nbsp; n","listText":"&nbsp; n","text":"n","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808411860","repostId":"2155818241","repostType":4,"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808437225,"gmtCreate":1627605525467,"gmtModify":1631892627775,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"i think therefore i am","listText":"i think therefore i am","text":"i think therefore i am","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808437225","repostId":"2155218153","repostType":4,"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808434292,"gmtCreate":1627605491016,"gmtModify":1631892627783,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089375229568220","authorIdStr":"4089375229568220"},"themes":[],"htmlText":"what is love?","listText":"what is love?","text":"what is love?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808434292","repostId":"2155181160","repostType":4,"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":177274394,"gmtCreate":1627230955418,"gmtModify":1633767014971,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"The triangle will win the battle and the war","listText":"The triangle will win the battle and the war","text":"The triangle will win the battle and the war","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/177274394","repostId":"2153936352","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887624853,"gmtCreate":1632030304172,"gmtModify":1632803212813,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"So I can do it was a lot of people who are sharing connections ideas and opportunities to the arts","listText":"So I can do it was a lot of people who are sharing connections ideas and opportunities to the arts","text":"So I can do it was a lot of people who are sharing connections ideas and opportunities to the arts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/887624853","repostId":"2168508161","repostType":4,"isVote":1,"tweetType":1,"viewCount":1124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802017382,"gmtCreate":1627698947346,"gmtModify":1631892627769,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"lotto or mi","listText":"lotto or mi","text":"lotto or mi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/802017382","repostId":"1152039134","repostType":4,"repost":{"id":"1152039134","kind":"news","pubTimestamp":1627689014,"share":"https://www.laohu8.com/m/news/1152039134?lang=&edition=full","pubTime":"2021-07-31 07:50","market":"us","language":"en","title":"Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades","url":"https://stock-news.laohu8.com/highlight/detail?id=1152039134","media":"The Street","summary":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Repor","content":"<blockquote>\n Take it from a guy who knows, the process is really flawed.\n</blockquote>\n<p>What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p>\n<p>I can't speak to what happened on Thursday, who was in charge, who argued for what.</p>\n<p>I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p>\n<p>Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p>\n<p>Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p>\n<p>I lost on every single point.</p>\n<p>The underwriters said we could not allocate to subscribers.</p>\n<p>Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p>\n<p>Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p>\n<p>Everyone who bought that day lost money.</p>\n<p>Everyone who sold that day made money.</p>\n<p>No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p>\n<p>It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p>\n<p>I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p>\n<p>Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p>\n<p>So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p>\n<p>Greed?</p>\n<p>Stupidity?</p>\n<p>How about poor execution and a lack of transparency that shows how badly it was handled.</p>\n<p>Just like the offering ofTheStreet.com.</p>","source":"lsy1610613172068","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>Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge,...</p>\n\n<a href=\"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152039134","content_text":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge, who argued for what.\nI can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.\nSecond, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?\nThird, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.\nI lost on every single point.\nThe underwriters said we could not allocate to subscribers.\nSecond, the price of the deal would not be controlled to where we could have a small pop so everyone would win.\nThird, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.\nEveryone who bought that day lost money.\nEveryone who sold that day made money.\nNo subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.\nIt is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.\nI always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.\nWhy do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.\nSo, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.\nGreed?\nStupidity?\nHow about poor execution and a lack of transparency that shows how badly it was handled.\nJust like the offering ofTheStreet.com.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830404490,"gmtCreate":1629086877410,"gmtModify":1631890130257,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Ok sure if you have any questions or concerns please visit the entrance to the arts in English literature","listText":"Ok sure if you have any questions or concerns please visit the entrance to the arts in English literature","text":"Ok sure if you have any questions or concerns please visit the entrance to the arts in English literature","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830404490","repostId":"1157945388","repostType":4,"repost":{"id":"1157945388","kind":"news","pubTimestamp":1629084070,"share":"https://www.laohu8.com/m/news/1157945388?lang=&edition=full","pubTime":"2021-08-16 11:21","market":"us","language":"en","title":"Tilray Stock Is Probably Overvalued At This Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1157945388","media":"InvestorPlace","summary":"Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) p","content":"<p>Investors have unrealistic expectations for TLRY stock</p>\n<p>I believe that two of&nbsp;<b>Tilray’s</b>(NASDAQ:<b><u>TLRY)</u></b>&nbsp;potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is overvalued, as it likely reflects an important misunderstanding, along with optimism about U.S. legalization that’s unlikely to materialize.</p>\n<p>As a result, I recommend that investors sell the shares at their current levels.</p>\n<p><b>2 Potential Positive Catalysts Could Materialize</b></p>\n<p>During Tilray’s fourth-quarter earnings call on July 28, Tilray CEO Irwin Simon said&nbsp;that the company could utilize&nbsp;its “strong cash position and balance sheet flexibility,” along with several of its strengths, including its “curated portfolio of diverse medical and adult-use brands … to transform the industry.”</p>\n<p>Simon probably won’t be able to transform the cannabis industry. But given the advanced average age of Canada and the EU and the fact that their populations are rapidly aging, I think that medical marijuana could be helpful to TLRY stock and its peers.</p>\n<p>With many baby boomers and Generation Xers – some of whom are much more accepting of cannabis than preceding generations – suffering more acute medical issues than in previous years, I would not be surprised if the demand for medical marijuana surges. That scenario is particularly likely to materialize in the EU nations that have legalized medical marijuana while keeping recreational cannabis illegal, as many people who want to try cannabis but do not want to risk arrest in those nations could seek to obtain medical marijuana.</p>\n<p>Tilray is sensibly taking several steps to try to exploit increased demand for medical marijuana. For example, last month it began to produce medical cannabis cultivated in Germany for German pharmacies. Simon said that Tilray is on its way to becoming “the first licensed producer to cultivate medical cannabis in Germany.” Recreational cannabis&nbsp;is illegal in the nation, but medical cannabis is permitted.</p>\n<p>The company also launched a new medical cannabis brand called Symbios which, according to Simon “was developed to provide a broader spectrum of formats and unique cannabinoid ratios at a better price point” while providing “a full comprehensive assortment of products, including flower, oils and pre-rolls for their health wellness regimen.”</p>\n<p>And in the EU, Tilray, which obviously has a presence in the bloc, can benefit from more countries legalizing cannabis. Denmark, Luxembourg and the Netherlands are all considering doing so, and Portugal may also weigh such an initiative soon. While those are all small countries, larger EU nations may legalize the drug in the next few years.</p>\n<p><b>TLRY Stock Reflects Unrealistic Catalysts</b></p>\n<p>Tilray merged with Aphria in May. In a strange maneuver that I’ve never seen before in 14 years of reporting on stocks, the combined company – for the purposes of deriving year-over-year comparisons – seems to have compared its Q2 financial results to the earnings that Aphria reported, on its own, for Q2 of 2020.</p>\n<p>Put another way, when Tilray announced last month that its fiscal Q4 net revenue had jumped 27% versus the same period a year earlier and that its cannabis sales had soared 55% from the previous year, it was comparing the combined company’s results last quarter to the results of Aphria on its own in the same period of 2020.</p>\n<p>Undoubtedly, many retail investors did not realize that the comparisons were so distorted. Consequently, TLRY stock probably reflects this inaccurate view of the company’s year-over-year growth, inflating the shares’ value.</p>\n<p>Moreover, Simon generally sounded optimistic that full legalization of cannabis in the U.S. may happen soon. But, in line with my previous predictions, on July 29,<i>The Los Angeles Times</i>reported that most expertsdo not expect the Senate to pass a cannabis legalization bill unveiled by Senate Majority Leader Chuck Schumer in its current form.</p>\n<p>Because of filibusters, legalization would need the support of every Senate Democrat and 10 Republicans. As the<i>Times</i>suggested, that will be a tough feat. And as we get closer to the 2022 congressional elections, I think that the chances of legalization passing the Senate will only fall further.</p>\n<p>Since the vast majority of strong supporters of legalization will probably vote for Democratic congressional candidates whatever happens with legalization, I don’t think Democratic senators up for reelection in 2022 have much incentive to alienate some swing voters by voting to legalize cannabis. And nearly all Republicans will not be eager to anger conservative voters who strongly oppose legalization.</p>\n<p>As long as the filibuster remains intact, I think the only way that legalization will ever pass the Senate is if the Democrats have at least 54 seats and a Democratic president makes legalization a top priority.</p>\n<p>Since neither of those conditions is remotely close to being met now, I don’t expect full federal legalization to happen for years, if ever.</p>\n<p><b>The Bottom Line on TLRY Stock</b></p>\n<p>I believe that Tilray is right to focus on the medical marijuana market, particularly in countries that have not yet legalized recreational marijuana. And Tilray could boost its results by entering nations in the EU that legalize the drug.</p>\n<p>But I think that TLRY stock currently reflects unrealistic assumptions about its growth and about the chances of U.S. legalization.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tilray Stock Is Probably Overvalued At This Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTilray Stock Is Probably Overvalued At This Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 11:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is...</p>\n\n<a href=\"https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc."},"source_url":"https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157945388","content_text":"Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is overvalued, as it likely reflects an important misunderstanding, along with optimism about U.S. legalization that’s unlikely to materialize.\nAs a result, I recommend that investors sell the shares at their current levels.\n2 Potential Positive Catalysts Could Materialize\nDuring Tilray’s fourth-quarter earnings call on July 28, Tilray CEO Irwin Simon said that the company could utilize its “strong cash position and balance sheet flexibility,” along with several of its strengths, including its “curated portfolio of diverse medical and adult-use brands … to transform the industry.”\nSimon probably won’t be able to transform the cannabis industry. But given the advanced average age of Canada and the EU and the fact that their populations are rapidly aging, I think that medical marijuana could be helpful to TLRY stock and its peers.\nWith many baby boomers and Generation Xers – some of whom are much more accepting of cannabis than preceding generations – suffering more acute medical issues than in previous years, I would not be surprised if the demand for medical marijuana surges. That scenario is particularly likely to materialize in the EU nations that have legalized medical marijuana while keeping recreational cannabis illegal, as many people who want to try cannabis but do not want to risk arrest in those nations could seek to obtain medical marijuana.\nTilray is sensibly taking several steps to try to exploit increased demand for medical marijuana. For example, last month it began to produce medical cannabis cultivated in Germany for German pharmacies. Simon said that Tilray is on its way to becoming “the first licensed producer to cultivate medical cannabis in Germany.” Recreational cannabis is illegal in the nation, but medical cannabis is permitted.\nThe company also launched a new medical cannabis brand called Symbios which, according to Simon “was developed to provide a broader spectrum of formats and unique cannabinoid ratios at a better price point” while providing “a full comprehensive assortment of products, including flower, oils and pre-rolls for their health wellness regimen.”\nAnd in the EU, Tilray, which obviously has a presence in the bloc, can benefit from more countries legalizing cannabis. Denmark, Luxembourg and the Netherlands are all considering doing so, and Portugal may also weigh such an initiative soon. While those are all small countries, larger EU nations may legalize the drug in the next few years.\nTLRY Stock Reflects Unrealistic Catalysts\nTilray merged with Aphria in May. In a strange maneuver that I’ve never seen before in 14 years of reporting on stocks, the combined company – for the purposes of deriving year-over-year comparisons – seems to have compared its Q2 financial results to the earnings that Aphria reported, on its own, for Q2 of 2020.\nPut another way, when Tilray announced last month that its fiscal Q4 net revenue had jumped 27% versus the same period a year earlier and that its cannabis sales had soared 55% from the previous year, it was comparing the combined company’s results last quarter to the results of Aphria on its own in the same period of 2020.\nUndoubtedly, many retail investors did not realize that the comparisons were so distorted. Consequently, TLRY stock probably reflects this inaccurate view of the company’s year-over-year growth, inflating the shares’ value.\nMoreover, Simon generally sounded optimistic that full legalization of cannabis in the U.S. may happen soon. But, in line with my previous predictions, on July 29,The Los Angeles Timesreported that most expertsdo not expect the Senate to pass a cannabis legalization bill unveiled by Senate Majority Leader Chuck Schumer in its current form.\nBecause of filibusters, legalization would need the support of every Senate Democrat and 10 Republicans. As theTimessuggested, that will be a tough feat. And as we get closer to the 2022 congressional elections, I think that the chances of legalization passing the Senate will only fall further.\nSince the vast majority of strong supporters of legalization will probably vote for Democratic congressional candidates whatever happens with legalization, I don’t think Democratic senators up for reelection in 2022 have much incentive to alienate some swing voters by voting to legalize cannabis. And nearly all Republicans will not be eager to anger conservative voters who strongly oppose legalization.\nAs long as the filibuster remains intact, I think the only way that legalization will ever pass the Senate is if the Democrats have at least 54 seats and a Democratic president makes legalization a top priority.\nSince neither of those conditions is remotely close to being met now, I don’t expect full federal legalization to happen for years, if ever.\nThe Bottom Line on TLRY Stock\nI believe that Tilray is right to focus on the medical marijuana market, particularly in countries that have not yet legalized recreational marijuana. And Tilray could boost its results by entering nations in the EU that legalize the drug.\nBut I think that TLRY stock currently reflects unrealistic assumptions about its growth and about the chances of U.S. legalization.","news_type":1,"symbols_score_info":{"TLRY":0.9}},"isVote":1,"tweetType":1,"viewCount":1174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895473492,"gmtCreate":1628770060116,"gmtModify":1631890130260,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Hey it was a lot of people","listText":"Hey it was a lot of people","text":"Hey it was a lot of people","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895473492","repostId":"2158254838","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172484283,"gmtCreate":1626973692242,"gmtModify":1633769163705,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Insightful","listText":"Insightful","text":"Insightful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172484283","repostId":"1107511555","repostType":4,"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805624305,"gmtCreate":1627877847707,"gmtModify":1631892627768,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"bananas","listText":"bananas","text":"bananas","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805624305","repostId":"1190185935","repostType":4,"repost":{"id":"1190185935","kind":"news","pubTimestamp":1627874910,"share":"https://www.laohu8.com/m/news/1190185935?lang=&edition=full","pubTime":"2021-08-02 11:28","market":"us","language":"en","title":"Expedia: Perfectly Valued, Perfectly Situated","url":"https://stock-news.laohu8.com/highlight/detail?id=1190185935","media":"seekingalpha","summary":"Summary\n\nExpedia's income plunged after lockdowns shut down travel across the world. Now, they are t","content":"<p><b>Summary</b></p>\n<ul>\n <li>Expedia's income plunged after lockdowns shut down travel across the world. Now, they are trading above pre-pandemic levels with travel not yet recovered.</li>\n <li>With business and international travel expected to pick up in late 2020 or early 2021, I believe the company is perfectly valued and situated to take advantage of steady growth.</li>\n <li>I am bullish on the company's 5-year prospects.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c936ae728a0a5e399ec9eb9f9d5a71d\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>ArtMarie/E+ via Getty Images</span></p>\n<p>Travel, in all of its forms, has taken the biggest hit from closures and lockdown during the COVID-19 pandemic as flights were cancelled, hotels shuttered and individuals and companies reducing travel to near zero for nearly a year.</p>\n<p>Expedia (EXPE), through its various offerings, is a major player in the travel industry, where it offers a database of flights, hotels, car rentals, short-term apartment rentals, cruise bookings and more. During the pandemic, they've seen their revenues plunge from over $12 billion in 2019 to just over $5 billion in 2020 and subsequently suspended their dividend and reported a wide loss of over $1.5 billion for 2020.</p>\n<p>Now, with the recovery underway and retail travel reaching record reopening numbers, there are several positives and negatives to consider with Expedia. The negative one being share price, with them currently trading at roughly double where they were before the pandemic even started, yet travel is not expected to return to those levels for quite some time. The positive side of this is that we now have a clear indication that travel growth is expected to remain high for quite some time, allowing for higher industry valuations. Let's explore these catalysts and see where the company stands relative to the industry and its closest peers.</p>\n<p><b>Negative Approach: Overvalued? Competition?</b></p>\n<p>Before getting to the share price and competitive parts of the conversation, let's explore some other negative elements to Expedia.</p>\n<p>Debt and interest expense had surged in2019following expansion into various industries and consolidation. Debt went from $4.2 billion in 2019 to $8.2 billion in 2020 and interest expense nearlydoubledas well, from under $200 million to $408 million in the most recent company update. This may have been a strategic mistake on behalf of the company since we're now expecting interest rates to increase over the coming years, meaning that the company can see interest expense nearly double and approach $750 million by 2023 if they don't put a plan to retire or restructure some of the debt.</p>\n<p>Even so, the company does have a high cash position and they can, in theory, use it to pay down some of their high interest debt earlier than expected to avoid this charge. I'll discuss their cash situation later in the article.</p>\n<p>The main negative approach I had when I first saw the company's share price recovery in full effect is their valuation. Before the COVID-19 pandemic shut down worldwide travel, the company was trading around the $120.00 per share levels and are now trading around $170.00 per share, roughly 50% higher at various peaks. This is happening even as travel, and revenues, are not expected to recover to pre-pandemic levels until 24 months from now and even longer if we don't see the expected international travel pick up, since right now domestic travel surges are compensating for softer business and international travel.</p>\n<p>Even so, a look at the company's valuation and multiples based off analyst projections, along with what I believe will be a better-than-expected actual results from the company, shows that the company is, for lack of a better term, perfectly and fairly valued.</p>\n<p><b>Company Valuation: Perfection</b></p>\n<p>Looking at the company's own projections isn't enough here, since competitive pressures remain high in this relatively saturated industry. Let's evaluate the company relative to Booking Holdings (BKNG), which is currently the world's largest online travel company and Expedia's closest competitor in the public markets.</p>\n<p>First, let's look at&nbsp;expected EPS growth&nbsp;through the next 5 years.</p>\n<p><img src=\"https://static.tigerbbs.com/e8564ffd38e826bfa96a0864185eba3f\" tg-width=\"905\" tg-height=\"351\" width=\"100%\" height=\"auto\"></p>\n<p>Given that Expedia is coming out of a loss per share while Booking managed to maintain a profit, it's important to look at the expected growth from 2022 to 2025 to get a sense of comparison. Over that time period, Expedia is set to grow EPS by 82% while Booking is set to grow EPS by 62%. This given Expedia an advantage, I believe, in valuation multiples when compared to Booking. Let's look at multiples.</p>\n<p><img src=\"https://static.tigerbbs.com/3f8870ade9bafc30cdd64dcaa252ef94\" tg-width=\"905\" tg-height=\"213\" width=\"100%\" height=\"auto\"></p>\n<p>As we can see, even though Expedia is expected to grow at a slightly faster rate over the next 5 years than Booking is, they're trading at slightly lower to even multiples. Now, it's possible that Booking is slightly overvalued while Expedia is fairly valued, but I believe that based off the aforementioned factors and given that I believe Expedia can continue to enjoy higher margins (Expedia currently holds a 68% gross margin while Booking a 64% margin), that both cases are true and that Booking is slightly overvalued while Expedia is ever-so-slightly undervalued.</p>\n<p><b>Balance Sheets and Other Competition</b></p>\n<p>There are 2 more factors worth considering, one positive and one negative.</p>\n<p>The positive factor is the company's balance sheet. Even though they hold a large debt position of over $8 billion and are likely to see interest expense rise as interest rates do, they hold one of their largest cash positions they've even had, aided by cost cutting initiatives throughout the pandemic, including suspending their dividend, a factor I'll get into in the next segment.</p>\n<p>Expedia currently holds almost$4.3 billionin cash and equivalents and another $23 million in short term investments. This puts their net debt position at under $4.5 billion with expected cash flows over the next few years being enough to cover interest and restructuring charges as interest rates inch higher.</p>\n<p>The negative factor here is direct and indirect competition. As mentioned earlier, companies like Booking are their main competitive headwinds but there is also the constant possibility that new websites with superior algorithms may spur up at any moment and take away business. An example of this are various sites like Skyscanner (TCOM), which does to sites like Expedia what Expedia does to hotel and airlines sites and occasionally can find significant savings by booking with one of Expedia's competitors. The emergence of these sites won't hurt their core sales stream but can put significant pressure on the company's margins.</p>\n<p>An inorganic way that the company faces competitive pressures is from the original airlines, hotel, car rental and cruise companies themselves, which in recent years have made a big push to develop their own websites, applications and rewards centers to incentivize customers to book directly with them, saving them the booking costs to these third party sites and apps like Expedia. As these competitive pressures grow, Expedia and other online travel booking companies can see their margin take a hit as they lower commissions and prices to adapt to the rising pressures.</p>\n<p><b>Overall: Perfectly Situated</b></p>\n<p>With the industry overall and Expedia in particular expected to grow steadily over the next 5 years, as they recover from the COVID-19 pandemic plunge, investors will likely enjoy a steady growth rate of around 8% annually from Expedia, which given current overall valuations, will almost certainly be higher than the overall market.</p>\n<p>Another positive factor for Expedia is the return of their dividend. They suspended their dividend back in late 2020 to save costs as the pandemic raged on, keeping nearly $200 million annually in cash. As they stated in that same release, so this isn't just a wild speculation, I expect them to return the dividend as they recover and regain their cash flow generating capabilities.</p>\n<p>I don't know if they'll return to the $1.34 annual dividend for a yield of 0.83% annually, but I'll await further news related to their expected payout ratio. The speculative part of this is that we can see a jump in dividend payout given expected cash flows and it's possible we see a yield of over 1%, bringing total potential return closer to 10% annually, which can entice long term investors.</p>\n<p>Overall, I believe Expedia is perfectly valued and perfectly situated to take advantage of the steady growth back to and beyond levels we saw pre-pandemic as business and international travel bounces back late this year or early next year.</p>\n<p>I am bullish on Expedia's 5-year prospects.</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>Expedia: Perfectly Valued, Perfectly Situated</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExpedia: Perfectly Valued, Perfectly Situated\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4443422-expedia-perfectly-valued-perfectly-situated><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nExpedia's income plunged after lockdowns shut down travel across the world. Now, they are trading above pre-pandemic levels with travel not yet recovered.\nWith business and international ...</p>\n\n<a href=\"https://seekingalpha.com/article/4443422-expedia-perfectly-valued-perfectly-situated\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXPE":"Expedia"},"source_url":"https://seekingalpha.com/article/4443422-expedia-perfectly-valued-perfectly-situated","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190185935","content_text":"Summary\n\nExpedia's income plunged after lockdowns shut down travel across the world. Now, they are trading above pre-pandemic levels with travel not yet recovered.\nWith business and international travel expected to pick up in late 2020 or early 2021, I believe the company is perfectly valued and situated to take advantage of steady growth.\nI am bullish on the company's 5-year prospects.\n\nArtMarie/E+ via Getty Images\nTravel, in all of its forms, has taken the biggest hit from closures and lockdown during the COVID-19 pandemic as flights were cancelled, hotels shuttered and individuals and companies reducing travel to near zero for nearly a year.\nExpedia (EXPE), through its various offerings, is a major player in the travel industry, where it offers a database of flights, hotels, car rentals, short-term apartment rentals, cruise bookings and more. During the pandemic, they've seen their revenues plunge from over $12 billion in 2019 to just over $5 billion in 2020 and subsequently suspended their dividend and reported a wide loss of over $1.5 billion for 2020.\nNow, with the recovery underway and retail travel reaching record reopening numbers, there are several positives and negatives to consider with Expedia. The negative one being share price, with them currently trading at roughly double where they were before the pandemic even started, yet travel is not expected to return to those levels for quite some time. The positive side of this is that we now have a clear indication that travel growth is expected to remain high for quite some time, allowing for higher industry valuations. Let's explore these catalysts and see where the company stands relative to the industry and its closest peers.\nNegative Approach: Overvalued? Competition?\nBefore getting to the share price and competitive parts of the conversation, let's explore some other negative elements to Expedia.\nDebt and interest expense had surged in2019following expansion into various industries and consolidation. Debt went from $4.2 billion in 2019 to $8.2 billion in 2020 and interest expense nearlydoubledas well, from under $200 million to $408 million in the most recent company update. This may have been a strategic mistake on behalf of the company since we're now expecting interest rates to increase over the coming years, meaning that the company can see interest expense nearly double and approach $750 million by 2023 if they don't put a plan to retire or restructure some of the debt.\nEven so, the company does have a high cash position and they can, in theory, use it to pay down some of their high interest debt earlier than expected to avoid this charge. I'll discuss their cash situation later in the article.\nThe main negative approach I had when I first saw the company's share price recovery in full effect is their valuation. Before the COVID-19 pandemic shut down worldwide travel, the company was trading around the $120.00 per share levels and are now trading around $170.00 per share, roughly 50% higher at various peaks. This is happening even as travel, and revenues, are not expected to recover to pre-pandemic levels until 24 months from now and even longer if we don't see the expected international travel pick up, since right now domestic travel surges are compensating for softer business and international travel.\nEven so, a look at the company's valuation and multiples based off analyst projections, along with what I believe will be a better-than-expected actual results from the company, shows that the company is, for lack of a better term, perfectly and fairly valued.\nCompany Valuation: Perfection\nLooking at the company's own projections isn't enough here, since competitive pressures remain high in this relatively saturated industry. Let's evaluate the company relative to Booking Holdings (BKNG), which is currently the world's largest online travel company and Expedia's closest competitor in the public markets.\nFirst, let's look at expected EPS growth through the next 5 years.\n\nGiven that Expedia is coming out of a loss per share while Booking managed to maintain a profit, it's important to look at the expected growth from 2022 to 2025 to get a sense of comparison. Over that time period, Expedia is set to grow EPS by 82% while Booking is set to grow EPS by 62%. This given Expedia an advantage, I believe, in valuation multiples when compared to Booking. Let's look at multiples.\n\nAs we can see, even though Expedia is expected to grow at a slightly faster rate over the next 5 years than Booking is, they're trading at slightly lower to even multiples. Now, it's possible that Booking is slightly overvalued while Expedia is fairly valued, but I believe that based off the aforementioned factors and given that I believe Expedia can continue to enjoy higher margins (Expedia currently holds a 68% gross margin while Booking a 64% margin), that both cases are true and that Booking is slightly overvalued while Expedia is ever-so-slightly undervalued.\nBalance Sheets and Other Competition\nThere are 2 more factors worth considering, one positive and one negative.\nThe positive factor is the company's balance sheet. Even though they hold a large debt position of over $8 billion and are likely to see interest expense rise as interest rates do, they hold one of their largest cash positions they've even had, aided by cost cutting initiatives throughout the pandemic, including suspending their dividend, a factor I'll get into in the next segment.\nExpedia currently holds almost$4.3 billionin cash and equivalents and another $23 million in short term investments. This puts their net debt position at under $4.5 billion with expected cash flows over the next few years being enough to cover interest and restructuring charges as interest rates inch higher.\nThe negative factor here is direct and indirect competition. As mentioned earlier, companies like Booking are their main competitive headwinds but there is also the constant possibility that new websites with superior algorithms may spur up at any moment and take away business. An example of this are various sites like Skyscanner (TCOM), which does to sites like Expedia what Expedia does to hotel and airlines sites and occasionally can find significant savings by booking with one of Expedia's competitors. The emergence of these sites won't hurt their core sales stream but can put significant pressure on the company's margins.\nAn inorganic way that the company faces competitive pressures is from the original airlines, hotel, car rental and cruise companies themselves, which in recent years have made a big push to develop their own websites, applications and rewards centers to incentivize customers to book directly with them, saving them the booking costs to these third party sites and apps like Expedia. As these competitive pressures grow, Expedia and other online travel booking companies can see their margin take a hit as they lower commissions and prices to adapt to the rising pressures.\nOverall: Perfectly Situated\nWith the industry overall and Expedia in particular expected to grow steadily over the next 5 years, as they recover from the COVID-19 pandemic plunge, investors will likely enjoy a steady growth rate of around 8% annually from Expedia, which given current overall valuations, will almost certainly be higher than the overall market.\nAnother positive factor for Expedia is the return of their dividend. They suspended their dividend back in late 2020 to save costs as the pandemic raged on, keeping nearly $200 million annually in cash. As they stated in that same release, so this isn't just a wild speculation, I expect them to return the dividend as they recover and regain their cash flow generating capabilities.\nI don't know if they'll return to the $1.34 annual dividend for a yield of 0.83% annually, but I'll await further news related to their expected payout ratio. The speculative part of this is that we can see a jump in dividend payout given expected cash flows and it's possible we see a yield of over 1%, bringing total potential return closer to 10% annually, which can entice long term investors.\nOverall, I believe Expedia is perfectly valued and perfectly situated to take advantage of the steady growth back to and beyond levels we saw pre-pandemic as business and international travel bounces back late this year or early next year.\nI am bullish on Expedia's 5-year prospects.","news_type":1,"symbols_score_info":{"EXPE":0.9}},"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174755257,"gmtCreate":1627144612479,"gmtModify":1633767659554,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Cook Islands","listText":"Cook Islands","text":"Cook Islands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/174755257","repostId":"2153981075","repostType":4,"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812505213,"gmtCreate":1630593112632,"gmtModify":1631890130237,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Playback is it a bit iuyyy in my head","listText":"Playback is it a bit iuyyy in my head","text":"Playback is it a bit iuyyy in my head","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812505213","repostId":"1108690074","repostType":4,"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880531642,"gmtCreate":1631064304286,"gmtModify":1631890130235,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Using mm 😀😀😀😀 the arts in English and cheese and&nbsp;the call just now and cheese and wine","listText":"Using mm 😀😀😀😀 the arts in English and cheese and&nbsp;the call just now and cheese and wine","text":"Using mm 😀😀😀😀 the arts in English and cheese and the call just now and cheese and wine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880531642","repostId":"2165545483","repostType":4,"isVote":1,"tweetType":1,"viewCount":1227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835175480,"gmtCreate":1629698986740,"gmtModify":1631890130250,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"East coast park and to the arts in English","listText":"East coast park and to the arts in English","text":"East coast park and to the arts in English","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835175480","repostId":"2161742695","repostType":4,"isVote":1,"tweetType":1,"viewCount":2069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832071605,"gmtCreate":1629551025907,"gmtModify":1631890130254,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Dear user local I think it's the arts","listText":"Dear user local I think it's the arts","text":"Dear user local I think it's the arts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/832071605","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","kind":"news","pubTimestamp":1629728324,"share":"https://www.laohu8.com/m/news/1151608193?lang=&edition=full","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASML":"阿斯麦","SSNLF":"三星电子","NVDA":"英伟达","GOOGL":"谷歌A","ON":"安森美半导体","TSM":"台积电","SOXX":"iShares费城交易所半导体ETF","AMZN":"亚马逊","CDNS":"铿腾电子","AAPL":"苹果","GOOG":"谷歌","QCOM":"高通","SNPS":"新思科技"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1,"symbols_score_info":{"AAPL":0.9,"AMZN":0.9,"ASML":0.9,"CDNS":0.9,"GOOG":0.9,"GOOGL":0.9,"NVDA":0.9,"ON":0.9,"QCOM":0.9,"SNPS":0.9,"SOXX":0.9,"SSNLF":0.9,"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":1531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892803368,"gmtCreate":1628646327954,"gmtModify":1631892627754,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Yes I am not sure if you have any questions","listText":"Yes I am not sure if you have any questions","text":"Yes I am not sure if you have any questions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892803368","repostId":"1179634268","repostType":4,"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808434292,"gmtCreate":1627605491016,"gmtModify":1631892627783,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"what is love?","listText":"what is love?","text":"what is love?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808434292","repostId":"2155181160","repostType":4,"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172487387,"gmtCreate":1626973728849,"gmtModify":1633769163362,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Glad u read this","listText":"Glad u read this","text":"Glad u read this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/172487387","repostId":"1162614438","repostType":4,"isVote":1,"tweetType":1,"viewCount":436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886471180,"gmtCreate":1631621747140,"gmtModify":1631890130230,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRNT\">$Ceragon Networks(CRNT)$</a>hhhu me know if there is a good day","listText":"<a href=\"https://laohu8.com/S/CRNT\">$Ceragon Networks(CRNT)$</a>hhhu me know if there is a good day","text":"$Ceragon Networks(CRNT)$hhhu me know if there is a good day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886471180","isVote":1,"tweetType":1,"viewCount":2253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816199807,"gmtCreate":1630474454909,"gmtModify":1631890130240,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Nice 😊👍🏻 the arts the arts in English","listText":"Nice 😊👍🏻 the arts the arts in English","text":"Nice 😊👍🏻 the arts the arts in English","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816199807","repostId":"1173514242","repostType":4,"isVote":1,"tweetType":1,"viewCount":999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892809852,"gmtCreate":1628646303576,"gmtModify":1631892627761,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"Hey I just wanted to let you know that I have a great day and I will be in the future of our games are based on the entrance","listText":"Hey I just wanted to let you know that I have a great day and I will be in the future of our games are based on the entrance","text":"Hey I just wanted to let you know that I have a great day and I will be in the future of our games are based on the entrance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892809852","repostId":"1144336160","repostType":4,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802736230,"gmtCreate":1627805258320,"gmtModify":1631892627768,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"so smart and funny","listText":"so smart and funny","text":"so smart and funny","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802736230","repostId":"1122171439","repostType":4,"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808437225,"gmtCreate":1627605525467,"gmtModify":1631892627775,"author":{"id":"4089375229568220","authorId":"4089375229568220","name":"yourself","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089375229568220","idStr":"4089375229568220"},"themes":[],"htmlText":"i think therefore i am","listText":"i think therefore i am","text":"i think therefore i am","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808437225","repostId":"2155218153","repostType":4,"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}