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skyes
skyes
·
2021-08-20
Lnc
Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调了近 40%</blockquote>
Virgin Galactic Holdings Inc shares have come crashing back to Earth since the company successfully
Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调了近 40%</blockquote>
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skyes
skyes
·
2021-08-19
Lnc
非常抱歉，此主贴已删除
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skyes
skyes
·
2021-08-18
Lnc
Toplines Before US Market Opens Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>
US equity futures and global markets were flat in listless trading as investors assessed the outlook
Toplines Before US Market Opens Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>
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skyes
skyes
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2021-08-17
Lnc
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skyes
skyes
·
2021-08-16
Lnc
Why Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险是苹果和谷歌的一线希望</blockquote>
The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and
Why Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险是苹果和谷歌的一线希望</blockquote>
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skyes
skyes
·
2021-08-15
Lnc
These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>
One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors loo
These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>
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skyes
skyes
·
2021-08-14
Lnc
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skyes
skyes
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2021-08-13
Lnc
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skyes
skyes
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2021-08-12
Lnc
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skyes
skyes
·
2021-08-11
Lnc
Fed's Barkin: U.S. "closing in" on taper, but could still take a few months<blockquote>美联储巴尔金：美国“接近”缩减规模，但仍可能需要几个月时间</blockquote>
ASHEVILLE, N.C., Aug 11 (Reuters) - It may take a few months more for the U.S. job market to recover
Fed's Barkin: U.S. "closing in" on taper, but could still take a few months<blockquote>美联储巴尔金：美国“接近”缩减规模，但仍可能需要几个月时间</blockquote>
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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629473431,"share":"https://www.laohunote.com/m/news/1107004225?lang=zh_CN&edition=full","pubTime":"2021-08-20 23:30","market":"us","language":"en","title":"Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调了近 40%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107004225","media":"Benzinga Earnings","summary":"Virgin Galactic Holdings Inc shares have come crashing back to Earth since the company successfully ","content":"<p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> </b><b>Holdings</b><b> Inc</b> shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday the stock will likely continue to struggle in the near-term.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a></b><b>控股</b><b>公司</b>自该公司 7 月份成功完成 Unity 22 太空飞行以来，股价已重返地球，一位分析师周五表示，该股短期内可能会继续陷入困境。</blockquote></p><p> <b>The Virgin Galactic Analyst:</b> Bank of America analyst Ronald Epstein reiterated an Underperform rating on Virgin Galactic and cut the price target from $41 to $25.</p><p><blockquote><b>维珍银河分析师：</b>美国银行分析师罗纳德·爱泼斯坦重申了维珍银河表现不佳的评级，并将目标价从 41 美元下调至 25 美元。</blockquote></p><p> <b>The Virgin Galactic Takeaways:</b> In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.</p><p><blockquote><b>维珍银河要点：</b>爱泼斯坦在新的说明中说，维珍最近宣布将在 7 月份收到对母舰 Eve 的改进建议后，于 9 月份开始对其进行计划中的维护和改进，这让他感到惊讶和有些困惑。</blockquote></p><p> The planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.</p><p><blockquote>维珍航空没有详细说明计划中的改进措施，这些改进措施将把公司首趟商业客运航班的时间表从 2022 年初推迟到 2022 年第三季度末。</blockquote></p><p> Epstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.</p><p><blockquote>爱泼斯坦说，尤其令人惊讶的是，维珍航空没有提供任何有关计划改进的技术细节，并表示这些改进仍处于设计阶段。</blockquote></p><p> For now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.</p><p><blockquote>爱泼斯坦表示，目前，他预计维珍航空将专注于亚轨道旅行，这将在未来进一步推迟轨道旅行。爱泼斯坦将维珍轨道旅行的目标日期从 2028 年推迟到 2035 年，并取消了 2035 年高速点对点旅行的目标。</blockquote></p><p> In terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.</p><p><blockquote>就即将到来的股票催化剂而言，爱泼斯坦说，2021 年 10 月的锁定期可能会给维珍的股票带来压力。</blockquote></p><p> “We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.</p><p><blockquote>“爱泼斯坦说：”我们认为股价将面临短期下行压力，原因是：a) 商业化延迟导致缺乏催化剂；b) 市场对下一次股权融资保持关注；c) 下一次锁定期到期。</blockquote></p><p> <b>Benzinga’s Take:</b> With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.</p><p><blockquote><b>Benzinga 的观点：</b>由于维珍在 2020 年的收入不到 30 万美元，净亏损 6.44 亿美元，商业上市道路上的任何延迟都会引起投资者的担忧，这是可以理解的。</blockquote></p><p> If Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.</p><p><blockquote>如果爱泼斯坦的新目标是正确的，那么至少在未来 14 年里，维珍航空似乎将全部用于亚轨道旅行。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调了近 40%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-08-20 23:30</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> </b><b>Holdings</b><b> Inc</b> shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday the stock will likely continue to struggle in the near-term.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a></b><b>控股</b><b>公司</b>自该公司 7 月份成功完成 Unity 22 太空飞行以来，股价已重返地球，一位分析师周五表示，该股短期内可能会继续陷入困境。</blockquote></p><p> <b>The Virgin Galactic Analyst:</b> Bank of America analyst Ronald Epstein reiterated an Underperform rating on Virgin Galactic and cut the price target from $41 to $25.</p><p><blockquote><b>维珍银河分析师：</b>美国银行分析师罗纳德·爱泼斯坦重申了维珍银河表现不佳的评级，并将目标价从 41 美元下调至 25 美元。</blockquote></p><p> <b>The Virgin Galactic Takeaways:</b> In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.</p><p><blockquote><b>维珍银河要点：</b>爱泼斯坦在新的说明中说，维珍最近宣布将在 7 月份收到对母舰 Eve 的改进建议后，于 9 月份开始对其进行计划中的维护和改进，这让他感到惊讶和有些困惑。</blockquote></p><p> The planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.</p><p><blockquote>维珍航空没有详细说明计划中的改进措施，这些改进措施将把公司首趟商业客运航班的时间表从 2022 年初推迟到 2022 年第三季度末。</blockquote></p><p> Epstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.</p><p><blockquote>爱泼斯坦说，尤其令人惊讶的是，维珍航空没有提供任何有关计划改进的技术细节，并表示这些改进仍处于设计阶段。</blockquote></p><p> For now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.</p><p><blockquote>爱泼斯坦表示，目前，他预计维珍航空将专注于亚轨道旅行，这将在未来进一步推迟轨道旅行。爱泼斯坦将维珍轨道旅行的目标日期从 2028 年推迟到 2035 年，并取消了 2035 年高速点对点旅行的目标。</blockquote></p><p> In terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.</p><p><blockquote>就即将到来的股票催化剂而言，爱泼斯坦说，2021 年 10 月的锁定期可能会给维珍的股票带来压力。</blockquote></p><p> “We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.</p><p><blockquote>“爱泼斯坦说：”我们认为股价将面临短期下行压力，原因是：a) 商业化延迟导致缺乏催化剂；b) 市场对下一次股权融资保持关注；c) 下一次锁定期到期。</blockquote></p><p> <b>Benzinga’s Take:</b> With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.</p><p><blockquote><b>Benzinga 的观点：</b>由于维珍在 2020 年的收入不到 30 万美元，净亏损 6.44 亿美元，商业上市道路上的任何延迟都会引起投资者的担忧，这是可以理解的。</blockquote></p><p> If Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.</p><p><blockquote>如果爱泼斯坦的新目标是正确的，那么至少在未来 14 年里，维珍航空似乎将全部用于亚轨道旅行。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107004225","content_text":"Virgin Galactic Holdings Inc shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday the stock will likely continue to struggle in the near-term.\nThe Virgin Galactic Analyst: Bank of America analyst Ronald Epstein reiterated an Underperform rating on Virgin Galactic and cut the price target from $41 to $25.\nThe Virgin Galactic Takeaways: In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.\nThe planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.\nEpstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.\nFor now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.\nIn terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.\n“We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.\nBenzinga’s Take: With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.\nIf Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":2708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838801127,"gmtCreate":1629383353269,"gmtModify":1633685248800,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/838801127","repostId":"1105935430","repostType":4,"isVote":1,"tweetType":1,"viewCount":3097,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831100303,"gmtCreate":1629293242702,"gmtModify":1633685929647,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831100303","repostId":"1131876419","repostType":4,"repost":{"id":"1131876419","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629288195,"share":"https://www.laohunote.com/m/news/1131876419?lang=zh_CN&edition=full","pubTime":"2021-08-18 20:03","market":"us","language":"en","title":"Toplines Before US Market Opens Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131876419","media":"Tiger Newspress","summary":"US equity futures and global markets were flat in listless trading as investors assessed the outlook","content":"<p>US equity futures and global markets were flat in listless trading as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy while tracking the latest covid lockdown in New Zealand and on edge ahead of possible turbulence in Friday's OpEx. </p><p><blockquote>美国股指期货和全球市场在无精打采的交易中持平，投资者评估经济复苏前景，等待美联储最新会议纪要来衡量货币政策的方向，同时跟踪新西兰最新的新冠疫情封锁，并在周五运营支出可能出现动荡之前保持紧张。</blockquote></p><p> Overnight the MSCI Asia Pacific Index added 0.4% while Japan’s Topix index closed 0.4% higher. In Europe the Stoxx 600 Index was broadly unchanged. S&P 500 futures pointed to a small move lower at the open, the 10-year Treasury yield was at 1.277%, oil rose and gold moved higher, while cryptos rebounded from a late Tuesday selloff.</p><p><blockquote>隔夜摩根士丹利资本国际亚太指数上涨 0.4%，日本东证指数收盘上涨 0.4%。在欧洲，斯托克600指数基本没有变化。标普500期货开盘小幅走低，10年期国债收益率为1.277%，油价上涨，黄金走高，而加密货币则从周二晚间的抛售中反弹。</blockquote></p><p> At 7:55 a.m. ET, Dow E-minis were down 64 points, or 0.18%, S&P 500 E-minis were down 4 points, or 0.09% and Nasdaq 100 E-minis were up 8 points, or 0.05%.</p><p><blockquote>美国东部时间上午 7:55，道琼斯电子迷你指数下跌 64 点，跌幅 0.18%，标普500电子迷你指数下跌 4 点，跌幅 0.09%，纳斯达克 100 电子迷你指数上涨 8 点，跌幅 0.05%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5b8765de5383459e16baef1249617b5b\" tg-width=\"1125\" tg-height=\"413\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <h3><b>Stocks making the biggest moves in the premarket:</b></h3> 1. <b><a href=\"https://laohu8.com/S/LOW\">Lowe's</a></b> – The home improvement retailer reported an adjusted quarterly profit of $4.25 per share, beating the consensus estimate of $4.01. Revenue beat forecasts, and the same-store sales decline of 1.6% was less than the 2.2% decline predicted by analysts. Lowe’s also raised its full-year financial outlook, as spending by builders and professionals rose. Lowe’s rallied 4.60% in the premarket.</p><p><blockquote><h3><b>盘前涨幅最大的股票：</b></h3>1. <b><a href=\"https://laohu8.com/S/LOW\">劳氏</a></b>– 这家家装零售商公布调整后季度利润为每股 4.25 美元，超出市场普遍预期的 4.01 美元。营收超出预期，同店销售额1.6%的降幅小于分析师预测的2.2%的降幅。随着建筑商和专业人士支出的增加，劳氏也上调了全年财务展望。Lowe's 在盘前上涨了 4.60%。</blockquote></p><p> 2. <b><a href=\"https://laohu8.com/S/TGT\">Target</a> </b>– The retailer beat estimates by 15 cents with adjusted quarterly earnings of $3.64 per share, and revenue slightly above analyst forecasts. Comparable store sales rose 8.9%, slightly above the 8.8% consensus estimate. Target shares added 2.42% in premarket trading.</p><p><blockquote>2. <b><a href=\"https://laohu8.com/S/TGT\">目标</a></b>– 该零售商调整后季度收益为每股 3.64 美元，超出预期 15 美分，收入略高于分析师预测。可比商店销售额增长 8.9%，略高于 8.8% 的普遍预期。Target 股价在盘前交易中上涨 2.42%。</blockquote></p><p> 3. <b><a href=\"https://laohu8.com/S/DNUT\">Krispy Kreme, Inc.</a></b> – The doughnut chain fell a penny shy of Street forecasts with an adjusted quarterly profit of 13 cents per share, though revenue did beat estimates. Krispy Kreme also gave a better-than-expected revenue forecast, based on projected strength from online ordering and new menu items. The stock added 2.9% in premarket action.</p><p><blockquote>3. <b><a href=\"https://laohu8.com/S/DNUT\">克里斯皮奶油公司。</a></b>– 这家甜甜圈连锁店的调整后季度利润为每股 13 美分，但收入确实超出了预期，比华尔街预测低了 1 美分。Krispy Kreme 还根据在线订购和新菜单项的预计实力给出了好于预期的收入预测。该股在盘前交易中上涨了 2.9%。</blockquote></p><p> 4. <b><a href=\"https://laohu8.com/S/ALC\">Alcon Inc.</a></b> – The maker of eyecare and surgical products surged 9.89% in the premarket, after reporting better-than-expected quarterly results and raising its full-year guidance. The quarter marked the debut of Alcon’s Vivity intraocular contact lens, which analysts say will help drive sales growth.</p><p><blockquote>4. <b><a href=\"https://laohu8.com/S/ALC\">爱尔康公司。</a></b>– 这家眼部护理和手术产品制造商在公布好于预期的季度业绩并上调全年指引后，盘前股价飙升 9.89%。本季度标志着爱尔康 Vivity 眼内隐形眼镜的首次亮相，分析师称这将有助于推动销售增长。</blockquote></p><p> 5. <b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b>, <b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> </b>– Moderna rose 1.74% in premarket trading while BioNTech gained 1.38%, ahead of an expected announcement by the White House calling for a booster shot for Americans already fully vaccinated against Covid-19.</p><p><blockquote>5. <b><a href=\"https://laohu8.com/S/MRNA\">现代公司。</a></b>, <b><a href=\"https://laohu8.com/S/BNTX\">生物科技公司</a></b>– Moderna 在盘前交易中上涨 1.74%，BioNTech 上涨 1.38%，此前白宫预计将宣布为已完全接种 Covid-19 疫苗的美国人注射加强针。</blockquote></p><p> 6. <b><a href=\"https://laohu8.com/S/TMUS\">T-Mobile US</a></b> – Following an investigation, the wireless carrier now says the personal information of about 7.8 million customers was compromised in a recent data breach. That included dates of birth, social security numbers and driver’s license information, although no financial information was stolen.</p><p><blockquote>6. <b><a href=\"https://laohu8.com/S/TMUS\">T-Mobile美国</a></b>– 经过调查，这家无线运营商现在表示，在最近的一次数据泄露事件中，约 780 万客户的个人信息遭到泄露。其中包括出生日期、社会安全号码和驾照信息，但没有财务信息被盗。</blockquote></p><p> 7. <b><a href=\"https://laohu8.com/S/VIAC\">Viacom CBS</a> </b>– Shares of the media giant gained 2.77% in premarket action after Wells Fargo Securities upgraded the stock to “overweight” from “equal weight”. Wells Fargo said ViacomCBS is one of the players poised to benefit from industry consolidation and it is also impressed by the upcoming programming slate for the company’s Paramount+ streaming service.</p><p><blockquote>7. <b><a href=\"https://laohu8.com/S/VIAC\">维亚康姆CBS</a></b>- 在富国银行证券（Wells Fargo Securities）将该媒体巨头的股票评级从 “同等权重 ”上调至 “跑赢大盘 ”后，该媒体巨头的股价在盘前上涨了 2.77%。富国银行表示，维亚康姆哥伦比亚广播公司是有望从行业整合中受益的参与者之一，该公司派拉蒙+流媒体服务即将推出的节目清单也给富国银行留下了深刻的印象。</blockquote></p><p> 8. <b><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> – The communications software maker said it released software patches to fix an issue with older versions of its QNX operating system and has notified all customers. U.S. officials had said earlier yesterday that the software flaw could put cars and medical equipment at risk. BlackBerry shares gained 1.34% in the premarket.</p><p><blockquote>8.<b><a href=\"https://laohu8.com/S/BB\">黑莓</a></b>– 这家通信软件制造商表示，已发布软件补丁以修复旧版本 QNX 操作系统的问题，并已通知所有客户。美国官员昨天早些时候表示，该软件缺陷可能会使汽车和医疗设备面临风险。黑莓股价盘前上涨1.34%。</blockquote></p><p> 9. <b><a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a></b> – The Canada-based cannabis producer’s shares surged 9.22% in premarket trading, after striking a deal to buy $166 million in convertible debt of U.S. producer MedMen Enterprises. Canadian producers cannot yet directly own a U.S.-based marijuana business, but Tilray could be poised to benefit from the deal if and when U.S. laws change.</p><p><blockquote>9. <b><a href=\"https://laohu8.com/S/TLRY\">蒂尔雷公司。</a></b>- 这家总部位于加拿大的大麻生产商在达成购买美国生产商 MedMen Enterprises 1.66 亿美元可转换债务的协议后，其股价在盘前交易中飙升 9.22%。加拿大生产商还不能直接拥有美国的大麻业务，但如果美国法律发生变化，蒂尔雷可能会从这笔交易中受益。</blockquote></p><p> 10. <b><a href=\"https://laohu8.com/S/A\">Agilent</a> Technologies</b> – Agilent gained 2.39% in the premarket after the life sciences company beat top and bottom-line estimates for its latest quarter and raised its full-year forecast. Agilent said its metrics were upbeat across all its units and added that its non-Covid diagnostics business has recovered beyond pre-pandemic levels.</p><p><blockquote>10. <b><a href=\"https://laohu8.com/S/A\">安捷伦</a>技术</b>– 安捷伦在盘前上涨 2.39%，此前这家生命科学公司超出了最新季度的营收和利润预期，并上调了全年预测。安捷伦表示，其所有部门的指标都很乐观，并补充说，其非新冠诊断业务已恢复到大流行前的水平。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Opens Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Opens Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-18 20:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>US equity futures and global markets were flat in listless trading as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy while tracking the latest covid lockdown in New Zealand and on edge ahead of possible turbulence in Friday's OpEx. </p><p><blockquote>美国股指期货和全球市场在无精打采的交易中持平，投资者评估经济复苏前景，等待美联储最新会议纪要来衡量货币政策的方向，同时跟踪新西兰最新的新冠疫情封锁，并在周五运营支出可能出现动荡之前保持紧张。</blockquote></p><p> Overnight the MSCI Asia Pacific Index added 0.4% while Japan’s Topix index closed 0.4% higher. In Europe the Stoxx 600 Index was broadly unchanged. S&P 500 futures pointed to a small move lower at the open, the 10-year Treasury yield was at 1.277%, oil rose and gold moved higher, while cryptos rebounded from a late Tuesday selloff.</p><p><blockquote>隔夜摩根士丹利资本国际亚太指数上涨 0.4%，日本东证指数收盘上涨 0.4%。在欧洲，斯托克600指数基本没有变化。标普500期货开盘小幅走低，10年期国债收益率为1.277%，油价上涨，黄金走高，而加密货币则从周二晚间的抛售中反弹。</blockquote></p><p> At 7:55 a.m. ET, Dow E-minis were down 64 points, or 0.18%, S&P 500 E-minis were down 4 points, or 0.09% and Nasdaq 100 E-minis were up 8 points, or 0.05%.</p><p><blockquote>美国东部时间上午 7:55，道琼斯电子迷你指数下跌 64 点，跌幅 0.18%，标普500电子迷你指数下跌 4 点，跌幅 0.09%，纳斯达克 100 电子迷你指数上涨 8 点，跌幅 0.05%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5b8765de5383459e16baef1249617b5b\" tg-width=\"1125\" tg-height=\"413\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <h3><b>Stocks making the biggest moves in the premarket:</b></h3> 1. <b><a href=\"https://laohu8.com/S/LOW\">Lowe's</a></b> – The home improvement retailer reported an adjusted quarterly profit of $4.25 per share, beating the consensus estimate of $4.01. Revenue beat forecasts, and the same-store sales decline of 1.6% was less than the 2.2% decline predicted by analysts. Lowe’s also raised its full-year financial outlook, as spending by builders and professionals rose. Lowe’s rallied 4.60% in the premarket.</p><p><blockquote><h3><b>盘前涨幅最大的股票：</b></h3>1. <b><a href=\"https://laohu8.com/S/LOW\">劳氏</a></b>– 这家家装零售商公布调整后季度利润为每股 4.25 美元，超出市场普遍预期的 4.01 美元。营收超出预期，同店销售额1.6%的降幅小于分析师预测的2.2%的降幅。随着建筑商和专业人士支出的增加，劳氏也上调了全年财务展望。Lowe's 在盘前上涨了 4.60%。</blockquote></p><p> 2. <b><a href=\"https://laohu8.com/S/TGT\">Target</a> </b>– The retailer beat estimates by 15 cents with adjusted quarterly earnings of $3.64 per share, and revenue slightly above analyst forecasts. Comparable store sales rose 8.9%, slightly above the 8.8% consensus estimate. Target shares added 2.42% in premarket trading.</p><p><blockquote>2. <b><a href=\"https://laohu8.com/S/TGT\">目标</a></b>– 该零售商调整后季度收益为每股 3.64 美元，超出预期 15 美分，收入略高于分析师预测。可比商店销售额增长 8.9%，略高于 8.8% 的普遍预期。Target 股价在盘前交易中上涨 2.42%。</blockquote></p><p> 3. <b><a href=\"https://laohu8.com/S/DNUT\">Krispy Kreme, Inc.</a></b> – The doughnut chain fell a penny shy of Street forecasts with an adjusted quarterly profit of 13 cents per share, though revenue did beat estimates. Krispy Kreme also gave a better-than-expected revenue forecast, based on projected strength from online ordering and new menu items. The stock added 2.9% in premarket action.</p><p><blockquote>3. <b><a href=\"https://laohu8.com/S/DNUT\">克里斯皮奶油公司。</a></b>– 这家甜甜圈连锁店的调整后季度利润为每股 13 美分，但收入确实超出了预期，比华尔街预测低了 1 美分。Krispy Kreme 还根据在线订购和新菜单项的预计实力给出了好于预期的收入预测。该股在盘前交易中上涨了 2.9%。</blockquote></p><p> 4. <b><a href=\"https://laohu8.com/S/ALC\">Alcon Inc.</a></b> – The maker of eyecare and surgical products surged 9.89% in the premarket, after reporting better-than-expected quarterly results and raising its full-year guidance. The quarter marked the debut of Alcon’s Vivity intraocular contact lens, which analysts say will help drive sales growth.</p><p><blockquote>4. <b><a href=\"https://laohu8.com/S/ALC\">爱尔康公司。</a></b>– 这家眼部护理和手术产品制造商在公布好于预期的季度业绩并上调全年指引后，盘前股价飙升 9.89%。本季度标志着爱尔康 Vivity 眼内隐形眼镜的首次亮相，分析师称这将有助于推动销售增长。</blockquote></p><p> 5. <b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b>, <b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> </b>– Moderna rose 1.74% in premarket trading while BioNTech gained 1.38%, ahead of an expected announcement by the White House calling for a booster shot for Americans already fully vaccinated against Covid-19.</p><p><blockquote>5. <b><a href=\"https://laohu8.com/S/MRNA\">现代公司。</a></b>, <b><a href=\"https://laohu8.com/S/BNTX\">生物科技公司</a></b>– Moderna 在盘前交易中上涨 1.74%，BioNTech 上涨 1.38%，此前白宫预计将宣布为已完全接种 Covid-19 疫苗的美国人注射加强针。</blockquote></p><p> 6. <b><a href=\"https://laohu8.com/S/TMUS\">T-Mobile US</a></b> – Following an investigation, the wireless carrier now says the personal information of about 7.8 million customers was compromised in a recent data breach. That included dates of birth, social security numbers and driver’s license information, although no financial information was stolen.</p><p><blockquote>6. <b><a href=\"https://laohu8.com/S/TMUS\">T-Mobile美国</a></b>– 经过调查，这家无线运营商现在表示，在最近的一次数据泄露事件中，约 780 万客户的个人信息遭到泄露。其中包括出生日期、社会安全号码和驾照信息，但没有财务信息被盗。</blockquote></p><p> 7. <b><a href=\"https://laohu8.com/S/VIAC\">Viacom CBS</a> </b>– Shares of the media giant gained 2.77% in premarket action after Wells Fargo Securities upgraded the stock to “overweight” from “equal weight”. Wells Fargo said ViacomCBS is one of the players poised to benefit from industry consolidation and it is also impressed by the upcoming programming slate for the company’s Paramount+ streaming service.</p><p><blockquote>7. <b><a href=\"https://laohu8.com/S/VIAC\">维亚康姆CBS</a></b>- 在富国银行证券（Wells Fargo Securities）将该媒体巨头的股票评级从 “同等权重 ”上调至 “跑赢大盘 ”后，该媒体巨头的股价在盘前上涨了 2.77%。富国银行表示，维亚康姆哥伦比亚广播公司是有望从行业整合中受益的参与者之一，该公司派拉蒙+流媒体服务即将推出的节目清单也给富国银行留下了深刻的印象。</blockquote></p><p> 8. <b><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> – The communications software maker said it released software patches to fix an issue with older versions of its QNX operating system and has notified all customers. U.S. officials had said earlier yesterday that the software flaw could put cars and medical equipment at risk. BlackBerry shares gained 1.34% in the premarket.</p><p><blockquote>8.<b><a href=\"https://laohu8.com/S/BB\">黑莓</a></b>– 这家通信软件制造商表示，已发布软件补丁以修复旧版本 QNX 操作系统的问题，并已通知所有客户。美国官员昨天早些时候表示，该软件缺陷可能会使汽车和医疗设备面临风险。黑莓股价盘前上涨1.34%。</blockquote></p><p> 9. <b><a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a></b> – The Canada-based cannabis producer’s shares surged 9.22% in premarket trading, after striking a deal to buy $166 million in convertible debt of U.S. producer MedMen Enterprises. Canadian producers cannot yet directly own a U.S.-based marijuana business, but Tilray could be poised to benefit from the deal if and when U.S. laws change.</p><p><blockquote>9. <b><a href=\"https://laohu8.com/S/TLRY\">蒂尔雷公司。</a></b>- 这家总部位于加拿大的大麻生产商在达成购买美国生产商 MedMen Enterprises 1.66 亿美元可转换债务的协议后，其股价在盘前交易中飙升 9.22%。加拿大生产商还不能直接拥有美国的大麻业务，但如果美国法律发生变化，蒂尔雷可能会从这笔交易中受益。</blockquote></p><p> 10. <b><a href=\"https://laohu8.com/S/A\">Agilent</a> Technologies</b> – Agilent gained 2.39% in the premarket after the life sciences company beat top and bottom-line estimates for its latest quarter and raised its full-year forecast. Agilent said its metrics were upbeat across all its units and added that its non-Covid diagnostics business has recovered beyond pre-pandemic levels.</p><p><blockquote>10. <b><a href=\"https://laohu8.com/S/A\">安捷伦</a>技术</b>– 安捷伦在盘前上涨 2.39%，此前这家生命科学公司超出了最新季度的营收和利润预期，并上调了全年预测。安捷伦表示，其所有部门的指标都很乐观，并补充说，其非新冠诊断业务已恢复到大流行前的水平。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","LOW":"劳氏","BB":"黑莓","A":"安捷伦科技","TLRY":"Tilray Inc.","MRNA":"Moderna, Inc.","TGT":"塔吉特"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131876419","content_text":"US equity futures and global markets were flat in listless trading as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy while tracking the latest covid lockdown in New Zealand and on edge ahead of possible turbulence in Friday's OpEx. \nOvernight the MSCI Asia Pacific Index added 0.4% while Japan’s Topix index closed 0.4% higher. In Europe the Stoxx 600 Index was broadly unchanged. S&P 500 futures pointed to a small move lower at the open, the 10-year Treasury yield was at 1.277%, oil rose and gold moved higher, while cryptos rebounded from a late Tuesday selloff.\nAt 7:55 a.m. ET, Dow E-minis were down 64 points, or 0.18%, S&P 500 E-minis were down 4 points, or 0.09% and Nasdaq 100 E-minis were up 8 points, or 0.05%.\n\nStocks making the biggest moves in the premarket:\n1. Lowe's – The home improvement retailer reported an adjusted quarterly profit of $4.25 per share, beating the consensus estimate of $4.01. Revenue beat forecasts, and the same-store sales decline of 1.6% was less than the 2.2% decline predicted by analysts. Lowe’s also raised its full-year financial outlook, as spending by builders and professionals rose. Lowe’s rallied 4.60% in the premarket.\n2. Target – The retailer beat estimates by 15 cents with adjusted quarterly earnings of $3.64 per share, and revenue slightly above analyst forecasts. Comparable store sales rose 8.9%, slightly above the 8.8% consensus estimate. Target shares added 2.42% in premarket trading.\n3. Krispy Kreme, Inc. – The doughnut chain fell a penny shy of Street forecasts with an adjusted quarterly profit of 13 cents per share, though revenue did beat estimates. Krispy Kreme also gave a better-than-expected revenue forecast, based on projected strength from online ordering and new menu items. The stock added 2.9% in premarket action.\n4. Alcon Inc. – The maker of eyecare and surgical products surged 9.89% in the premarket, after reporting better-than-expected quarterly results and raising its full-year guidance. The quarter marked the debut of Alcon’s Vivity intraocular contact lens, which analysts say will help drive sales growth.\n5. Moderna, Inc., BioNTech SE – Moderna rose 1.74% in premarket trading while BioNTech gained 1.38%, ahead of an expected announcement by the White House calling for a booster shot for Americans already fully vaccinated against Covid-19.\n6. T-Mobile US – Following an investigation, the wireless carrier now says the personal information of about 7.8 million customers was compromised in a recent data breach. That included dates of birth, social security numbers and driver’s license information, although no financial information was stolen.\n7. Viacom CBS – Shares of the media giant gained 2.77% in premarket action after Wells Fargo Securities upgraded the stock to “overweight” from “equal weight”. Wells Fargo said ViacomCBS is one of the players poised to benefit from industry consolidation and it is also impressed by the upcoming programming slate for the company’s Paramount+ streaming service.\n8. BlackBerry – The communications software maker said it released software patches to fix an issue with older versions of its QNX operating system and has notified all customers. U.S. officials had said earlier yesterday that the software flaw could put cars and medical equipment at risk. BlackBerry shares gained 1.34% in the premarket.\n9. Tilray Inc. – The Canada-based cannabis producer’s shares surged 9.22% in premarket trading, after striking a deal to buy $166 million in convertible debt of U.S. producer MedMen Enterprises. Canadian producers cannot yet directly own a U.S.-based marijuana business, but Tilray could be poised to benefit from the deal if and when U.S. laws change.\n10. Agilent Technologies – Agilent gained 2.39% in the premarket after the life sciences company beat top and bottom-line estimates for its latest quarter and raised its full-year forecast. Agilent said its metrics were upbeat across all its units and added that its non-Covid diagnostics business has recovered beyond pre-pandemic levels.","news_type":1,"symbols_score_info":{"TGT":0.9,"A":0.9,"BB":0.9,"BNTX":0.9,"MRNA":0.9,"VIAC":0.9,"LOW":0.9,"TLRY":0.9}},"isVote":1,"tweetType":1,"viewCount":3035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839577957,"gmtCreate":1629170147079,"gmtModify":1633686845341,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839577957","repostId":"2160278866","repostType":4,"isVote":1,"tweetType":1,"viewCount":2651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830697383,"gmtCreate":1629069387042,"gmtModify":1633687733749,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830697383","repostId":"2159321288","repostType":4,"repost":{"id":"2159321288","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628990553,"share":"https://www.laohunote.com/m/news/2159321288?lang=zh_CN&edition=full","pubTime":"2021-08-15 09:22","market":"us","language":"en","title":"Why Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险是苹果和谷歌的一线希望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321288","media":"Benzinga Earnings","summary":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and","content":"<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：古格）在过去的三年里。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周提出的一项法案寻求更广泛地改变苹果和谷歌运营各自应用商店的方式，Loup Funds管理合伙人Gene Munster提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>Munster指出，评级立法提出的允许第三方应用商店与App Store和Google Play Store合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序中明确做广告，以便消费者可以在应用程序商店或谷歌Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买 30% 的收费率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案必须得到众议院和参议院的批准才能成为法律。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>监管不会自动否定：</b>明斯特说，监管的最终结果对大型科技公司来说并不自动是负面的，因为当激励措施发生变化时，意想不到的后果往往会发生。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>这位分析师表示，即使苹果在压力下屈服并将接受率从 30% 降至 10%（这种可能性不大），它最终仍然可以赚更多的钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌的理由更充分，因为它们创建了移动应用商店并负责维护它们。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，这位分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而伤害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。这位分析师表示，如果任何法规确实成为现实，最有可能的结果是苹果和谷歌将被迫删除他们的反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出的最简单方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌 0.14%，至 149.10 美元，谷歌收盘几乎持平，至 2,768.12 美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL 的最新评级</blockquote></p><p> <table> <tbody> <tr> <th>Date</th> <th>Firm</th> <th>Action</th> <th>From</th> <th>To</th> </tr> </tbody> <tbody> <tr> <td>Jul 2021</td> <td>Loop Capital</td> <td>Maintains</td> <td></td> <td>Buy</td> </tr> <tr> <td>Jul 2021</td> <td>Deutsche Bank</td> <td>Maintains</td> <td></td> <td>Buy</td> </tr> <tr> <td>Jul 2021</td> <td>Piper Sandler</td> <td>Maintains</td> <td></td> <td>Overweight</td> </tr> </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>二</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维持</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维持</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维持</td><td></td><td>跑赢大盘</td></tr></tbody></table></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险是苹果和谷歌的一线希望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-08-15 09:22</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：古格）在过去的三年里。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周提出的一项法案寻求更广泛地改变苹果和谷歌运营各自应用商店的方式，Loup Funds管理合伙人Gene Munster提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>Munster指出，评级立法提出的允许第三方应用商店与App Store和Google Play Store合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序中明确做广告，以便消费者可以在应用程序商店或谷歌Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买 30% 的收费率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案必须得到众议院和参议院的批准才能成为法律。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>监管不会自动否定：</b>明斯特说，监管的最终结果对大型科技公司来说并不自动是负面的，因为当激励措施发生变化时，意想不到的后果往往会发生。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>这位分析师表示，即使苹果在压力下屈服并将接受率从 30% 降至 10%（这种可能性不大），它最终仍然可以赚更多的钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌的理由更充分，因为它们创建了移动应用商店并负责维护它们。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，这位分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而伤害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。这位分析师表示，如果任何法规确实成为现实，最有可能的结果是苹果和谷歌将被迫删除他们的反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出的最简单方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌 0.14%，至 149.10 美元，谷歌收盘几乎持平，至 2,768.12 美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL 的最新评级</blockquote></p><p> <table> <tbody> <tr> <th>Date</th> <th>Firm</th> <th>Action</th> <th>From</th> <th>To</th> </tr> </tbody> <tbody> <tr> <td>Jul 2021</td> <td>Loop Capital</td> <td>Maintains</td> <td></td> <td>Buy</td> </tr> <tr> <td>Jul 2021</td> <td>Deutsche Bank</td> <td>Maintains</td> <td></td> <td>Buy</td> </tr> <tr> <td>Jul 2021</td> <td>Piper Sandler</td> <td>Maintains</td> <td></td> <td>Overweight</td> </tr> </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>二</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维持</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维持</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维持</td><td></td><td>跑赢大盘</td></tr></tbody></table></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOG":"谷歌","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About: The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative: The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation: The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830933783,"gmtCreate":1628998784942,"gmtModify":1633688054378,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/830933783","repostId":"1127633167","repostType":4,"repost":{"id":"1127633167","kind":"news","pubTimestamp":1628997765,"share":"https://www.laohunote.com/m/news/1127633167?lang=zh_CN&edition=full","pubTime":"2021-08-15 11:22","market":"us","language":"en","title":"These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127633167","media":"Barrons","summary":"One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors loo","content":"<p>One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.</p><p><blockquote>当今投资中最流行的流行语之一是 “复利者 ”。寻找下一个亚马逊、Costco Wholesale、Nike 或 Visa 的成长型投资者寻求确定能够在未来几年实现收入和盈利两位数复合增长的公司（最好是两者兼而有之）。</blockquote></p><p> The idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock that returns 10 times what you paid for it.</p><p><blockquote>这个想法是，股票价格应该与收入和利润保持一致，使投资者能够在5到10年的持有期内产生高回报。最终目标是找到难以捉摸的 “10 bagger”--回报率是你购买价格 10 倍的股票。</blockquote></p><p> Wall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified in a <i>Barron’s</i> cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.</p><p><blockquote>华尔街分析师的笔记和投资专业人士的客户信中充满了复合器的参考资料。许多下一代价值经理，在<i>巴伦</i>五月份的封面故事，正在寻求此类股票，而不是廉价股票的传统价值。</blockquote></p><p> Their search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.</p><p><blockquote>他们的搜索变得更具挑战性，因为买家正在为高增长的故事支付高价。真正的大赢家很少。根据 Durable Capital Partners 的数据，在 10 年的漫长系列中，只有大约 35 家公司的股价每年复合上涨 20% 或更多，导致至少增长了六倍。</blockquote></p><p> Many investors are happy to stick with large, well-known compounders, such as Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and Eli Lilly(LLY).</p><p><blockquote>许多投资者很乐意坚持使用大型知名复合商，例如Alphabet（股票代码：GOOGL）、万事达卡（MA）、联合健康集团（UNH）和礼来公司（LLY）。</blockquote></p><p> <i>Barron’s</i> sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:</p><p><blockquote><i>巴伦</i>试图确定较小的候选人。我们与投资经理进行了交谈，列出了一份包含 10 只股票的兼收并蓄的名单，其中大多数市值低于 100 亿美元。以下是按字母顺序排列的选择：</blockquote></p><p> Strong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.</p><p><blockquote>强劲而稳定的胜利 以下是成长型投资者认为能够多年来持续实现收入或利润高增长的 10 只股票。</blockquote></p><p> <table> <thead> <tr> <th>Company / Ticker</th> <th>Recent Price</th> <th>YTD Change</th> <th>2021E P/E</th> <th>2021E Price/Sales</th> <th>2022E P/E</th> <th>2022E Price/Sales</th> <th>LT Growth Rate*</th> <th>Market Value (bil)</th> <th>Comment</th> </tr> </thead> <tbody> <tr> <td>Amedysis / AMED</td> <td>$185.15</td> <td>-37%</td> <td>30.2</td> <td>2.7</td> <td>27.7</td> <td>2.4</td> <td>10.5%</td> <td>$6.3</td> <td>Leader in home health care</td> </tr> <tr> <td>Amyris / AMRS</td> <td>13.64</td> <td>121</td> <td>NM</td> <td>10.4</td> <td>NM</td> <td>9.7</td> <td>NA</td> <td>4.1</td> <td>Leading company in synthetic biology</td> </tr> <tr> <td>Booz Allen Hamilton Holding / BAH</td> <td>81.73</td> <td>-6</td> <td>19.4</td> <td>1.3</td> <td>17.7</td> <td>1.2</td> <td>8.6</td> <td>11.0</td> <td>Defense-department consultant</td> </tr> <tr> <td>J.B. Hunt Transport Services / JBHT</td> <td>172.76</td> <td>26</td> <td>25.8</td> <td>1.5</td> <td>22.2</td> <td>1.4</td> <td>18.4</td> <td>18.2</td> <td>Strong in intermodal freight</td> </tr> <tr> <td>Marriott Vacations Worldwide / VAC</td> <td>147.15</td> <td>7</td> <td>40.9</td> <td>1.6</td> <td>15.7</td> <td>1.4</td> <td>NA</td> <td>6.3</td> <td>Top company in vacation timeshares</td> </tr> <tr> <td>SiteOne Landscape Supply / SITE</td> <td>197.10</td> <td>24</td> <td>45.7</td> <td>2.6</td> <td>43.5</td> <td>2.5</td> <td>19.3</td> <td>8.8</td> <td>Big supplier of landscaping supplies</td> </tr> <tr> <td>Staar Surgical / STAA</td> <td>138.19</td> <td>74</td> <td>192.3</td> <td>28.6</td> <td>140.8</td> <td>22.5</td> <td>30.0</td> <td>6.6</td> <td>Maker of implantable lens for myopia</td> </tr> <tr> <td>Stitch Fix / SFIX</td> <td>44.38</td> <td>-24</td> <td>NM</td> <td>1.9</td> <td>1890.3</td> <td>1.7</td> <td>30.0</td> <td>4.8</td> <td>Data-driven subscription clothing firm</td> </tr> <tr> <td>Trex / TREX</td> <td>105.94</td> <td>27</td> <td>51.9</td> <td>10.5</td> <td>43.6</td> <td>9.3</td> <td>18.8</td> <td>12.2</td> <td>Top maker of synthetic wood decking</td> </tr> <tr> <td>Upwork / UPWK</td> <td>44.31</td> <td>28</td> <td>NM</td> <td>11.4</td> <td>556.8</td> <td>9.2</td> <td>NA</td> <td>5.7</td> <td>Online clearinghouse for free-lancers</td> </tr> </tbody> </table> E=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>年初至今变化</th><th>2021年市盈率</th><th>2021年价格/销售额</th><th>2022年市盈率</th><th>2022年价格/销售额</th><th>LT增长率*</th><th>市值（bil）</th><th>评论</th></tr></thead><tbody><tr><td>阿梅迪西斯/阿梅德</td><td>$185.15</td><td>-37%</td><td>30.2</td><td>2.7</td><td>27.7</td><td>2.4</td><td>10.5%</td><td>$6.3</td><td>家庭医疗保健领域的领导者</td></tr><tr><td>阿米里斯/AMRS</td><td>13.64</td><td>121</td><td>纳米</td><td>10.4</td><td>纳米</td><td>9.7</td><td>纳</td><td>4.1</td><td>合成生物学领先公司</td></tr><tr><td>博思艾伦汉密尔顿控股 / BAH</td><td>81.73</td><td>-6</td><td>19.4</td><td>1.3</td><td>17.7</td><td>1.2</td><td>8.6</td><td>11.0</td><td>国防部顾问</td></tr><tr><td>J.B亨特运输服务 / JBHT</td><td>172.76</td><td>26</td><td>25.8</td><td>1.5</td><td>22.2</td><td>1.4</td><td>18.4</td><td>18.2</td><td>擅长多式联运</td></tr><tr><td>万豪度假全球/VAC</td><td>147.15</td><td>7</td><td>40.9</td><td>1.6</td><td>15.7</td><td>1.4</td><td>纳</td><td>6.3</td><td>度假分时度假领域的顶级公司</td></tr><tr><td>SiteOne景观供应/场地</td><td>197.10</td><td>24</td><td>45.7</td><td>2.6</td><td>43.5</td><td>2.5</td><td>19.3</td><td>8.8</td><td>大型园林绿化用品供应商</td></tr><tr><td>外科凝视/凝视</td><td>138.19</td><td>74</td><td>192.3</td><td>28.6</td><td>140.8</td><td>22.5</td><td>30.0</td><td>6.6</td><td>近视植入式镜片制造商</td></tr><tr><td>缝合固定/固定</td><td>44.38</td><td>-24</td><td>纳米</td><td>1.9</td><td>1890.3</td><td>1.7</td><td>30.0</td><td>4.8</td><td>数据驱动订阅服装公司</td></tr><tr><td>Trex / Trex</td><td>105.94</td><td>27</td><td>51.9</td><td>10.5</td><td>43.6</td><td>9.3</td><td>18.8</td><td>12.2</td><td>合成木地板的顶级制造商</td></tr><tr><td>Upwork / UPWK</td><td>44.31</td><td>28</td><td>纳米</td><td>11.4</td><td>556.8</td><td>9.2</td><td>纳</td><td>5.7</td><td>自由职业者在线信息交换所</td></tr></tbody></table>E=估计值。BAH的估计是针对截至2022年3月和3月23日的财年。SFIX 的估计适用于截至 2022 年 7 月和 2023 年 7 月的财年。NM=无意义。NA=不可用。*公司未来3-5年可维持的每年每股收益增长。</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Amedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.</p><p><blockquote>Amedisys (AMED) 是一家家庭医疗保健和临终关怀服务提供商，业务仍然分散，业务遍及全国。</blockquote></p><p></p><p> “There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”</p><p><blockquote>“哥伦比亚小盘股成长基金经理丹-科尔预测说：”该行业将进行大规模整合。“医疗保健正在向家庭转移”。</blockquote></p><p> Amedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.</p><p><blockquote>Amedisys 股价在过去十年中上涨了十倍以上。但该公司最近以与新冠疫情相关的人员配备和成本问题（主要是收购的临终关怀业务）为由，削减了 2021 年财务指引，股价约为 185 美元，下跌了近 30%。2021 年盈利预期目前为每股 6.13 美元，低于近 7 美元。该股的交易价格是2021年预计利润的30倍。科尔表示，该公司仍然有能力每年实现 10% 的每股收益增长。</blockquote></p><p> Amyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.</p><p><blockquote>Amyris（AMRS）是合成生物学领域的领导者。It 粉丝表示，它的机会是以环保的方式取代目前由石化产品、动物和植物制成的一系列产品。</blockquote></p><p> Using genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.</p><p><blockquote>使用基因改造的酵母和甘蔗，Amyris生产角鲨烷等物质，角鲨烷是一种以前由鲨鱼肝制成的高端保湿剂；香草醛，香草的调味料；以及通常来源于植物的无热量甜味剂。该股交易价格约为 13 美元。</blockquote></p><p> <i>Barron’s</i> wrote favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.</p><p><blockquote><i>巴伦</i>七月份对该公司的评价很高。在消费品牌的推动下，Amyris 预计到 2025 年销售额将达到 20 亿美元，高于今年的 4 亿美元。</blockquote></p><p> “The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.</p><p><blockquote>“拥有 Amyris 股票的 Pinnacle Associates 公司的投资组合经理兰迪-巴伦（Randy Baron）说：”世界需要清洁化学，而 Amyris 正是创造清洁化学的关键。他认为到 2022 年底，它们的价格可能会达到 75 美元。</blockquote></p><p> Booz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.</p><p><blockquote>博思艾伦汉密尔顿控股公司（BAH）是国防部和其他机构的重要顾问。美国政府在最近一个财政年度占其收入的97%。多年来，博思艾伦通过提供网络安全等一系列服务，与政府建立了牢固的联系。其股票交易价格约为 81 美元，收益率为 1.8%。</blockquote></p><p> “It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.</p><p><blockquote>“T. Rowe Price New Horizons 基金经理乔希-斯宾塞（Josh Spencer）说：”它已经建立了一种强大的、类似合作伙伴关系的文化，并有着长期的稳定增长记录。他认为博思艾伦有能力实现 9% 至 10% 的年收入增长，每年盈利增长 15% 至 16%，与其历史表现一致。由于担心军费开支受到更多限制，该股较 100 美元的峰值下跌了 20%。斯宾塞将此次回调视为买入机会，该股估值不到市盈率的 20 倍。</blockquote></p><p> J.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the Barron’s Roundtable.</p><p><blockquote>J.B亨特运输服务公司（JBHT）是多式联运货运领域的领导者，多式联运货运涉及卡车在铁路线上的节能运输。它是最成功的卡车运输公司之一。过去 20 年里，其股价上涨了 30 倍，最近达到 173 美元。“Durable Capital Partners 首席投资官、《巴伦周刊》圆桌会议成员亨利-埃伦博根（Henry Ellenbogen）说：”它拥有令人难以置信的特许经营权。</blockquote></p><p> J.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.</p><p><blockquote>J.B他指出，亨特与伯灵顿北圣达菲铁路公司（Burlington Northern Santa Fe railroad）的合作关系使其在多式联运货运领域占据了强大的地位。J.B亨特的业务也在不断增长，接管了小公司的卡车运输业务。它还涉足数字货运经纪业务——将卡车司机与航运客户进行匹配。</blockquote></p><p> Ellenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.</p><p><blockquote>Ellenbogen 表示，考虑到 2022 年盈利增长前景，该股 2022 年盈利预期的 22 倍是合理的。</blockquote></p><p> Marriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.</p><p><blockquote>万豪度假全球（VAC）是分时度假行业的顶级公司之一。它拥有 70 万业主，是一种有弹性的商业模式，拥有可观的费用收入，并且比同行更容易接触到夏威夷和佛罗里达州奥兰多等地的豪华房产。</blockquote></p><p> “It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.</p><p><blockquote>“Baron Focused Growth fund 的经理大卫-巴伦（David Baron）说：”它拥有最好的客户群、最高的支出和无可挑剔的资产负债表。他补充说，万豪度假公司的股价最近约为 145 美元，该公司应该会在今年晚些时候恢复股息。</blockquote></p><p> The shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.</p><p><blockquote>巴伦认为，根据 2022 年的预测，这些股票的自由现金流收益率为 11%，价格便宜。他表示，该股自 2018 年以来几乎没有变化，未来几年可能会为股东带来 20% 的年回报。</blockquote></p><p> SiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.</p><p><blockquote>SiteOne Landscape Supply（SITE）是美国最大的园林绿化产品供应商，鉴于该公司在高度分散的行业中仅占 13% 的市场份额，因此具有充足的扩张机会。</blockquote></p><p> “It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.</p><p><blockquote>“哥伦比亚大学的科尔说：”它正在有机增长，并有很多收购机会。</blockquote></p><p> The stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.</p><p><blockquote>该股估值约为 197 美元，估值丰富，是 2022 年预计每股收益 4.54 美元的 43 倍。</blockquote></p><p> Staar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.</p><p><blockquote>Staar Surgical（STAA）开发了一种可植入晶状体来矫正近视（近视）。鉴于视力问题在全球范围内的发病率不断上升，这解决了一个潜在的巨大市场。该公司预计，该镜头已在欧洲和亚洲上市至少五年，将于第四季度进入美国市场，等待美国食品和药物管理局的批准。</blockquote></p><p></p><p> “It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”</p><p><blockquote>“Baillie Gifford 全球经理道格-布罗迪（Doug Brodie）说：”它可以创造大量的销量。“它还处于起步阶段，基本上没有竞争。</blockquote></p><p> Lenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.</p><p><blockquote>双眼晶状体可在不到一小时的时间内植入，而且不需要摘除天然晶状体。在美国，每个镜片的批发成本可能在1000美元左右。</blockquote></p><p> At a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.</p><p><blockquote>Staar 股价最近为 138 美元，估值很高，是 2022 年预计销售额的 20 多倍，是 2022 年预计收益的 140 倍。但市场机会是巨大的：到2050年，全球约有50亿人可能患有近视。</blockquote></p><p> Stitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.</p><p><blockquote>Stitch Fix（SFIX）开发了服装、鞋子和其他配饰的订阅服务，拥有超过400万客户。</blockquote></p><p> “This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.</p><p><blockquote>“Stitch Fix 持有者 Marathon Partners Equity Management 的首席投资官 Mario Cibelli 说：”这可能是未来的 Nordstrom。“这是一个潜在的巨大市场，没有人以同样的方式解决这个问题”。Stitch Fix利用6,000名私人造型师和大量数据，试图识别订户的口味，以产生高满意度，并限制定期发送并由订户决定的包裹的回报。</blockquote></p><p> Its shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.</p><p><blockquote>由于投资者担心潜在的流失和公司的最终盈利能力，该公司的股价约为 44 美元，比年初的水平下跌了 60%。</blockquote></p><p> Yet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.</p><p><blockquote>然而，Cibelli 预计收入每年将增长 20% 以上，在当前美国和英国市场之外还有机会，并且在两到三年内将成为一项潜在的非常有利可图的业务。</blockquote></p><p> Trex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.</p><p><blockquote>Trex（TREX）是高端木质甲板替代品的顶级生产商，该甲板由95%的回收材料制成，是一种环保的住宅。该股股价为 105 美元，是 2022 年预期市盈率的 43 倍。</blockquote></p><p> T. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.</p><p><blockquote>T. Rowe Price 的 Spencer 认为 Trex 物有所值，因为他认为 Trex 可以实现 15% 至 20% 的可持续年收入增长。预计 2022 年盈利将增长约 20%，并在随后几年以类似的速度增长。“他说：”如果把时钟拨快三年，看起来就不会那么贵了。</blockquote></p><p> Upwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.</p><p><blockquote>Upwork（UPWK）是一个面向自由职业者的在线市场，受到了 Baillie Gifford 的 Brodie 的青睐，他说它能提高企业对自由职业者的接受度。</blockquote></p><p> The shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.</p><p><blockquote>最近股价在 44 美元左右，并不便宜。Upwork 的估值为 57 亿美元，是今年近 5 亿美元预计销售额的 10 倍多。它的运营略有亏损。</blockquote></p><p> The investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.</p><p><blockquote>投资案例是关于销售快速增长带来丰厚收益。预计今年销售额将增长 30% 以上，2022 年将增长 25%。</blockquote></p><p> “Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.</p><p><blockquote>“布罗迪说：”中小型企业更容易接受自由职业者，但大型企业的人力资源部门却对自由职业者嗤之以鼻。Upwork旨在通过审查其自由职业者和提供数千套技能来改变这种看法。“他说：”Upwork 可以成为越来越多企业级合作伙伴值得信赖的合作伙伴。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-15 11:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.</p><p><blockquote>当今投资中最流行的流行语之一是 “复利者 ”。寻找下一个亚马逊、Costco Wholesale、Nike 或 Visa 的成长型投资者寻求确定能够在未来几年实现收入和盈利两位数复合增长的公司（最好是两者兼而有之）。</blockquote></p><p> The idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock that returns 10 times what you paid for it.</p><p><blockquote>这个想法是，股票价格应该与收入和利润保持一致，使投资者能够在5到10年的持有期内产生高回报。最终目标是找到难以捉摸的 “10 bagger”--回报率是你购买价格 10 倍的股票。</blockquote></p><p> Wall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified in a <i>Barron’s</i> cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.</p><p><blockquote>华尔街分析师的笔记和投资专业人士的客户信中充满了复合器的参考资料。许多下一代价值经理，在<i>巴伦</i>五月份的封面故事，正在寻求此类股票，而不是廉价股票的传统价值。</blockquote></p><p> Their search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.</p><p><blockquote>他们的搜索变得更具挑战性，因为买家正在为高增长的故事支付高价。真正的大赢家很少。根据 Durable Capital Partners 的数据，在 10 年的漫长系列中，只有大约 35 家公司的股价每年复合上涨 20% 或更多，导致至少增长了六倍。</blockquote></p><p> Many investors are happy to stick with large, well-known compounders, such as Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and Eli Lilly(LLY).</p><p><blockquote>许多投资者很乐意坚持使用大型知名复合商，例如Alphabet（股票代码：GOOGL）、万事达卡（MA）、联合健康集团（UNH）和礼来公司（LLY）。</blockquote></p><p> <i>Barron’s</i> sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:</p><p><blockquote><i>巴伦</i>试图确定较小的候选人。我们与投资经理进行了交谈，列出了一份包含 10 只股票的兼收并蓄的名单，其中大多数市值低于 100 亿美元。以下是按字母顺序排列的选择：</blockquote></p><p> Strong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.</p><p><blockquote>强劲而稳定的胜利 以下是成长型投资者认为能够多年来持续实现收入或利润高增长的 10 只股票。</blockquote></p><p> <table> <thead> <tr> <th>Company / Ticker</th> <th>Recent Price</th> <th>YTD Change</th> <th>2021E P/E</th> <th>2021E Price/Sales</th> <th>2022E P/E</th> <th>2022E Price/Sales</th> <th>LT Growth Rate*</th> <th>Market Value (bil)</th> <th>Comment</th> </tr> </thead> <tbody> <tr> <td>Amedysis / AMED</td> <td>$185.15</td> <td>-37%</td> <td>30.2</td> <td>2.7</td> <td>27.7</td> <td>2.4</td> <td>10.5%</td> <td>$6.3</td> <td>Leader in home health care</td> </tr> <tr> <td>Amyris / AMRS</td> <td>13.64</td> <td>121</td> <td>NM</td> <td>10.4</td> <td>NM</td> <td>9.7</td> <td>NA</td> <td>4.1</td> <td>Leading company in synthetic biology</td> </tr> <tr> <td>Booz Allen Hamilton Holding / BAH</td> <td>81.73</td> <td>-6</td> <td>19.4</td> <td>1.3</td> <td>17.7</td> <td>1.2</td> <td>8.6</td> <td>11.0</td> <td>Defense-department consultant</td> </tr> <tr> <td>J.B. Hunt Transport Services / JBHT</td> <td>172.76</td> <td>26</td> <td>25.8</td> <td>1.5</td> <td>22.2</td> <td>1.4</td> <td>18.4</td> <td>18.2</td> <td>Strong in intermodal freight</td> </tr> <tr> <td>Marriott Vacations Worldwide / VAC</td> <td>147.15</td> <td>7</td> <td>40.9</td> <td>1.6</td> <td>15.7</td> <td>1.4</td> <td>NA</td> <td>6.3</td> <td>Top company in vacation timeshares</td> </tr> <tr> <td>SiteOne Landscape Supply / SITE</td> <td>197.10</td> <td>24</td> <td>45.7</td> <td>2.6</td> <td>43.5</td> <td>2.5</td> <td>19.3</td> <td>8.8</td> <td>Big supplier of landscaping supplies</td> </tr> <tr> <td>Staar Surgical / STAA</td> <td>138.19</td> <td>74</td> <td>192.3</td> <td>28.6</td> <td>140.8</td> <td>22.5</td> <td>30.0</td> <td>6.6</td> <td>Maker of implantable lens for myopia</td> </tr> <tr> <td>Stitch Fix / SFIX</td> <td>44.38</td> <td>-24</td> <td>NM</td> <td>1.9</td> <td>1890.3</td> <td>1.7</td> <td>30.0</td> <td>4.8</td> <td>Data-driven subscription clothing firm</td> </tr> <tr> <td>Trex / TREX</td> <td>105.94</td> <td>27</td> <td>51.9</td> <td>10.5</td> <td>43.6</td> <td>9.3</td> <td>18.8</td> <td>12.2</td> <td>Top maker of synthetic wood decking</td> </tr> <tr> <td>Upwork / UPWK</td> <td>44.31</td> <td>28</td> <td>NM</td> <td>11.4</td> <td>556.8</td> <td>9.2</td> <td>NA</td> <td>5.7</td> <td>Online clearinghouse for free-lancers</td> </tr> </tbody> </table> E=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>年初至今变化</th><th>2021年市盈率</th><th>2021年价格/销售额</th><th>2022年市盈率</th><th>2022年价格/销售额</th><th>LT增长率*</th><th>市值（bil）</th><th>评论</th></tr></thead><tbody><tr><td>阿梅迪西斯/阿梅德</td><td>$185.15</td><td>-37%</td><td>30.2</td><td>2.7</td><td>27.7</td><td>2.4</td><td>10.5%</td><td>$6.3</td><td>家庭医疗保健领域的领导者</td></tr><tr><td>阿米里斯/AMRS</td><td>13.64</td><td>121</td><td>纳米</td><td>10.4</td><td>纳米</td><td>9.7</td><td>纳</td><td>4.1</td><td>合成生物学领先公司</td></tr><tr><td>博思艾伦汉密尔顿控股 / BAH</td><td>81.73</td><td>-6</td><td>19.4</td><td>1.3</td><td>17.7</td><td>1.2</td><td>8.6</td><td>11.0</td><td>国防部顾问</td></tr><tr><td>J.B亨特运输服务 / JBHT</td><td>172.76</td><td>26</td><td>25.8</td><td>1.5</td><td>22.2</td><td>1.4</td><td>18.4</td><td>18.2</td><td>擅长多式联运</td></tr><tr><td>万豪度假全球/VAC</td><td>147.15</td><td>7</td><td>40.9</td><td>1.6</td><td>15.7</td><td>1.4</td><td>纳</td><td>6.3</td><td>度假分时度假领域的顶级公司</td></tr><tr><td>SiteOne景观供应/场地</td><td>197.10</td><td>24</td><td>45.7</td><td>2.6</td><td>43.5</td><td>2.5</td><td>19.3</td><td>8.8</td><td>大型园林绿化用品供应商</td></tr><tr><td>外科凝视/凝视</td><td>138.19</td><td>74</td><td>192.3</td><td>28.6</td><td>140.8</td><td>22.5</td><td>30.0</td><td>6.6</td><td>近视植入式镜片制造商</td></tr><tr><td>缝合固定/固定</td><td>44.38</td><td>-24</td><td>纳米</td><td>1.9</td><td>1890.3</td><td>1.7</td><td>30.0</td><td>4.8</td><td>数据驱动订阅服装公司</td></tr><tr><td>Trex / Trex</td><td>105.94</td><td>27</td><td>51.9</td><td>10.5</td><td>43.6</td><td>9.3</td><td>18.8</td><td>12.2</td><td>合成木地板的顶级制造商</td></tr><tr><td>Upwork / UPWK</td><td>44.31</td><td>28</td><td>纳米</td><td>11.4</td><td>556.8</td><td>9.2</td><td>纳</td><td>5.7</td><td>自由职业者在线信息交换所</td></tr></tbody></table>E=估计值。BAH的估计是针对截至2022年3月和3月23日的财年。SFIX 的估计适用于截至 2022 年 7 月和 2023 年 7 月的财年。NM=无意义。NA=不可用。*公司未来3-5年可维持的每年每股收益增长。</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Amedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.</p><p><blockquote>Amedisys (AMED) 是一家家庭医疗保健和临终关怀服务提供商，业务仍然分散，业务遍及全国。</blockquote></p><p></p><p> “There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”</p><p><blockquote>“哥伦比亚小盘股成长基金经理丹-科尔预测说：”该行业将进行大规模整合。“医疗保健正在向家庭转移”。</blockquote></p><p> Amedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.</p><p><blockquote>Amedisys 股价在过去十年中上涨了十倍以上。但该公司最近以与新冠疫情相关的人员配备和成本问题（主要是收购的临终关怀业务）为由，削减了 2021 年财务指引，股价约为 185 美元，下跌了近 30%。2021 年盈利预期目前为每股 6.13 美元，低于近 7 美元。该股的交易价格是2021年预计利润的30倍。科尔表示，该公司仍然有能力每年实现 10% 的每股收益增长。</blockquote></p><p> Amyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.</p><p><blockquote>Amyris（AMRS）是合成生物学领域的领导者。It 粉丝表示，它的机会是以环保的方式取代目前由石化产品、动物和植物制成的一系列产品。</blockquote></p><p> Using genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.</p><p><blockquote>使用基因改造的酵母和甘蔗，Amyris生产角鲨烷等物质，角鲨烷是一种以前由鲨鱼肝制成的高端保湿剂；香草醛，香草的调味料；以及通常来源于植物的无热量甜味剂。该股交易价格约为 13 美元。</blockquote></p><p> <i>Barron’s</i> wrote favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.</p><p><blockquote><i>巴伦</i>七月份对该公司的评价很高。在消费品牌的推动下，Amyris 预计到 2025 年销售额将达到 20 亿美元，高于今年的 4 亿美元。</blockquote></p><p> “The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.</p><p><blockquote>“拥有 Amyris 股票的 Pinnacle Associates 公司的投资组合经理兰迪-巴伦（Randy Baron）说：”世界需要清洁化学，而 Amyris 正是创造清洁化学的关键。他认为到 2022 年底，它们的价格可能会达到 75 美元。</blockquote></p><p> Booz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.</p><p><blockquote>博思艾伦汉密尔顿控股公司（BAH）是国防部和其他机构的重要顾问。美国政府在最近一个财政年度占其收入的97%。多年来，博思艾伦通过提供网络安全等一系列服务，与政府建立了牢固的联系。其股票交易价格约为 81 美元，收益率为 1.8%。</blockquote></p><p> “It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.</p><p><blockquote>“T. Rowe Price New Horizons 基金经理乔希-斯宾塞（Josh Spencer）说：”它已经建立了一种强大的、类似合作伙伴关系的文化，并有着长期的稳定增长记录。他认为博思艾伦有能力实现 9% 至 10% 的年收入增长，每年盈利增长 15% 至 16%，与其历史表现一致。由于担心军费开支受到更多限制，该股较 100 美元的峰值下跌了 20%。斯宾塞将此次回调视为买入机会，该股估值不到市盈率的 20 倍。</blockquote></p><p> J.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the Barron’s Roundtable.</p><p><blockquote>J.B亨特运输服务公司（JBHT）是多式联运货运领域的领导者，多式联运货运涉及卡车在铁路线上的节能运输。它是最成功的卡车运输公司之一。过去 20 年里，其股价上涨了 30 倍，最近达到 173 美元。“Durable Capital Partners 首席投资官、《巴伦周刊》圆桌会议成员亨利-埃伦博根（Henry Ellenbogen）说：”它拥有令人难以置信的特许经营权。</blockquote></p><p> J.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.</p><p><blockquote>J.B他指出，亨特与伯灵顿北圣达菲铁路公司（Burlington Northern Santa Fe railroad）的合作关系使其在多式联运货运领域占据了强大的地位。J.B亨特的业务也在不断增长，接管了小公司的卡车运输业务。它还涉足数字货运经纪业务——将卡车司机与航运客户进行匹配。</blockquote></p><p> Ellenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.</p><p><blockquote>Ellenbogen 表示，考虑到 2022 年盈利增长前景，该股 2022 年盈利预期的 22 倍是合理的。</blockquote></p><p> Marriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.</p><p><blockquote>万豪度假全球（VAC）是分时度假行业的顶级公司之一。它拥有 70 万业主，是一种有弹性的商业模式，拥有可观的费用收入，并且比同行更容易接触到夏威夷和佛罗里达州奥兰多等地的豪华房产。</blockquote></p><p> “It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.</p><p><blockquote>“Baron Focused Growth fund 的经理大卫-巴伦（David Baron）说：”它拥有最好的客户群、最高的支出和无可挑剔的资产负债表。他补充说，万豪度假公司的股价最近约为 145 美元，该公司应该会在今年晚些时候恢复股息。</blockquote></p><p> The shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.</p><p><blockquote>巴伦认为，根据 2022 年的预测，这些股票的自由现金流收益率为 11%，价格便宜。他表示，该股自 2018 年以来几乎没有变化，未来几年可能会为股东带来 20% 的年回报。</blockquote></p><p> SiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.</p><p><blockquote>SiteOne Landscape Supply（SITE）是美国最大的园林绿化产品供应商，鉴于该公司在高度分散的行业中仅占 13% 的市场份额，因此具有充足的扩张机会。</blockquote></p><p> “It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.</p><p><blockquote>“哥伦比亚大学的科尔说：”它正在有机增长，并有很多收购机会。</blockquote></p><p> The stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.</p><p><blockquote>该股估值约为 197 美元，估值丰富，是 2022 年预计每股收益 4.54 美元的 43 倍。</blockquote></p><p> Staar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.</p><p><blockquote>Staar Surgical（STAA）开发了一种可植入晶状体来矫正近视（近视）。鉴于视力问题在全球范围内的发病率不断上升，这解决了一个潜在的巨大市场。该公司预计，该镜头已在欧洲和亚洲上市至少五年，将于第四季度进入美国市场，等待美国食品和药物管理局的批准。</blockquote></p><p></p><p> “It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”</p><p><blockquote>“Baillie Gifford 全球经理道格-布罗迪（Doug Brodie）说：”它可以创造大量的销量。“它还处于起步阶段，基本上没有竞争。</blockquote></p><p> Lenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.</p><p><blockquote>双眼晶状体可在不到一小时的时间内植入，而且不需要摘除天然晶状体。在美国，每个镜片的批发成本可能在1000美元左右。</blockquote></p><p> At a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.</p><p><blockquote>Staar 股价最近为 138 美元，估值很高，是 2022 年预计销售额的 20 多倍，是 2022 年预计收益的 140 倍。但市场机会是巨大的：到2050年，全球约有50亿人可能患有近视。</blockquote></p><p> Stitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.</p><p><blockquote>Stitch Fix（SFIX）开发了服装、鞋子和其他配饰的订阅服务，拥有超过400万客户。</blockquote></p><p> “This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.</p><p><blockquote>“Stitch Fix 持有者 Marathon Partners Equity Management 的首席投资官 Mario Cibelli 说：”这可能是未来的 Nordstrom。“这是一个潜在的巨大市场，没有人以同样的方式解决这个问题”。Stitch Fix利用6,000名私人造型师和大量数据，试图识别订户的口味，以产生高满意度，并限制定期发送并由订户决定的包裹的回报。</blockquote></p><p> Its shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.</p><p><blockquote>由于投资者担心潜在的流失和公司的最终盈利能力，该公司的股价约为 44 美元，比年初的水平下跌了 60%。</blockquote></p><p> Yet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.</p><p><blockquote>然而，Cibelli 预计收入每年将增长 20% 以上，在当前美国和英国市场之外还有机会，并且在两到三年内将成为一项潜在的非常有利可图的业务。</blockquote></p><p> Trex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.</p><p><blockquote>Trex（TREX）是高端木质甲板替代品的顶级生产商，该甲板由95%的回收材料制成，是一种环保的住宅。该股股价为 105 美元，是 2022 年预期市盈率的 43 倍。</blockquote></p><p> T. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.</p><p><blockquote>T. Rowe Price 的 Spencer 认为 Trex 物有所值，因为他认为 Trex 可以实现 15% 至 20% 的可持续年收入增长。预计 2022 年盈利将增长约 20%，并在随后几年以类似的速度增长。“他说：”如果把时钟拨快三年，看起来就不会那么贵了。</blockquote></p><p> Upwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.</p><p><blockquote>Upwork（UPWK）是一个面向自由职业者的在线市场，受到了 Baillie Gifford 的 Brodie 的青睐，他说它能提高企业对自由职业者的接受度。</blockquote></p><p> The shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.</p><p><blockquote>最近股价在 44 美元左右，并不便宜。Upwork 的估值为 57 亿美元，是今年近 5 亿美元预计销售额的 10 倍多。它的运营略有亏损。</blockquote></p><p> The investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.</p><p><blockquote>投资案例是关于销售快速增长带来丰厚收益。预计今年销售额将增长 30% 以上，2022 年将增长 25%。</blockquote></p><p> “Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.</p><p><blockquote>“布罗迪说：”中小型企业更容易接受自由职业者，但大型企业的人力资源部门却对自由职业者嗤之以鼻。Upwork旨在通过审查其自由职业者和提供数千套技能来改变这种看法。“他说：”Upwork 可以成为越来越多企业级合作伙伴值得信赖的合作伙伴。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-potential-compounder-growth-51628888840?mod=hp_LEADSUPP_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPWK":"Upwork Inc.","JBHT":"JB Hunt运输服务","AMRS":"阿米瑞斯","STAA":"STAAR Surgical Company","SFIX":"Stitch Fix Inc.","SITE":"SiteOne Landscape Supply, Inc.","TREX":"Trex Co Inc","VAC":"万豪度假环球","AMED":"阿米斯医疗","BAH":"博思艾伦咨询公司"},"source_url":"https://www.barrons.com/articles/stocks-potential-compounder-growth-51628888840?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127633167","content_text":"One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.\nThe idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock that returns 10 times what you paid for it.\nWall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified in a Barron’s cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.\nTheir search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.\nMany investors are happy to stick with large, well-known compounders, such as Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and Eli Lilly(LLY).\nBarron’s sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:\nStrong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.\n\n\n\nCompany / Ticker\nRecent Price\nYTD Change\n2021E P/E\n2021E Price/Sales\n2022E P/E\n2022E Price/Sales\nLT Growth Rate*\nMarket Value (bil)\nComment\n\n\n\n\nAmedysis / AMED\n$185.15\n-37%\n30.2\n2.7\n27.7\n2.4\n10.5%\n$6.3\nLeader in home health care\n\n\nAmyris / AMRS\n13.64\n121\nNM\n10.4\nNM\n9.7\nNA\n4.1\nLeading company in synthetic biology\n\n\nBooz Allen Hamilton Holding / BAH\n81.73\n-6\n19.4\n1.3\n17.7\n1.2\n8.6\n11.0\nDefense-department consultant\n\n\nJ.B. Hunt Transport Services / JBHT\n172.76\n26\n25.8\n1.5\n22.2\n1.4\n18.4\n18.2\nStrong in intermodal freight\n\n\nMarriott Vacations Worldwide / VAC\n147.15\n7\n40.9\n1.6\n15.7\n1.4\nNA\n6.3\nTop company in vacation timeshares\n\n\nSiteOne Landscape Supply / SITE\n197.10\n24\n45.7\n2.6\n43.5\n2.5\n19.3\n8.8\nBig supplier of landscaping supplies\n\n\nStaar Surgical / STAA\n138.19\n74\n192.3\n28.6\n140.8\n22.5\n30.0\n6.6\nMaker of implantable lens for myopia\n\n\nStitch Fix / SFIX\n44.38\n-24\nNM\n1.9\n1890.3\n1.7\n30.0\n4.8\nData-driven subscription clothing firm\n\n\nTrex / TREX\n105.94\n27\n51.9\n10.5\n43.6\n9.3\n18.8\n12.2\nTop maker of synthetic wood decking\n\n\nUpwork / UPWK\n44.31\n28\nNM\n11.4\n556.8\n9.2\nNA\n5.7\nOnline clearinghouse for free-lancers\n\n\n\nE=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.\nSource: FactSet\nAmedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.\n“There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”\nAmedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.\nAmyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.\nUsing genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.\nBarron’s wrote favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.\n“The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.\nBooz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.\n“It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.\nJ.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the Barron’s Roundtable.\nJ.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.\nEllenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.\nMarriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.\n“It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.\nThe shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.\nSiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.\n\n“It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.\nThe stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.\nStaar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.\n“It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”\nLenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.\nAt a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.\nStitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.\n“This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.\nIts shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.\nYet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.\nTrex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.\nT. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.\nUpwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.\nThe shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.\nThe investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.\n“Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.","news_type":1,"symbols_score_info":{"AMRS":0.9,"JBHT":0.9,"BAH":0.9,"TREX":0.9,"STAA":0.9,"VAC":0.9,"AMED":0.9,"SFIX":0.9,"UPWK":0.9,"SITE":0.9}},"isVote":1,"tweetType":1,"viewCount":2736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897166427,"gmtCreate":1628900645569,"gmtModify":1633688697579,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897166427","repostId":"2159215280","repostType":4,"isVote":1,"tweetType":1,"viewCount":3144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894263460,"gmtCreate":1628830159850,"gmtModify":1633689129918,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/894263460","repostId":"1127554137","repostType":4,"isVote":1,"tweetType":1,"viewCount":3073,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895449845,"gmtCreate":1628769250387,"gmtModify":1633689671094,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895449845","repostId":"1124285877","repostType":4,"isVote":1,"tweetType":1,"viewCount":2203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892422802,"gmtCreate":1628685499706,"gmtModify":1633745156050,"author":{"id":"3563667369548444","authorId":"3563667369548444","name":"skyes","avatar":"https://static.tigerbbs.com/aa70cf55254e97939bd378dae3de1dc9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563667369548444","authorIdStr":"3563667369548444"},"themes":[],"title":"","htmlText":"Lnc","listText":"Lnc","text":"Lnc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892422802","repostId":"1150646508","repostType":4,"repost":{"id":"1150646508","kind":"news","pubTimestamp":1628685186,"share":"https://www.laohunote.com/m/news/1150646508?lang=zh_CN&edition=full","pubTime":"2021-08-11 20:33","market":"us","language":"en","title":"Fed's Barkin: U.S. \"closing in\" on taper, but could still take a few months<blockquote>美联储巴尔金：美国“接近”缩减规模，但仍可能需要几个月时间</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150646508","media":"Reuters","summary":"ASHEVILLE, N.C., Aug 11 (Reuters) - It may take a few months more for the U.S. job market to recover","content":"<p>ASHEVILLE, N.C., Aug 11 (Reuters) - It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can reduce its crisis-era support for the economy, according to Richmond Federal Reserve Bank President Thomas Barkin, who added a centrist voice to the open debate about when to trim the central bank’s $120 billion in monthly bond purchases.</p><p><blockquote>路透社北卡罗来纳州阿什维尔8月11日电）--里士满联邦储备银行行长托马斯-巴尔金（Thomas Barkin）表示，美国就业市场可能还需要几个月的时间才能复苏到美联储可以减少危机时期对经济的支持。</blockquote></p><p> Several of Barkin’s colleagues have argued the purchases should be phased out fast to put monetary policy on a more normal footing, prepare for eventual interest rate increases as a guard against inflation, and temper housing and other asset price increases that may be boosted by the Fed’s bond buying.</p><p><blockquote>巴尔金的几位同事认为，应尽快逐步取消购买，以使货币政策处于更正常的基础上，为最终加息做好准备，以防范通货膨胀，并抑制美联储购买债券可能会推动的住房和其他资产价格上涨。</blockquote></p><p> In an interview on Monday with Reuters, Barkin, a current voting member of the Fed’s policy setting committee, agreed the country was making progress toward the level of labor market progress the Fed has said it wants before scaling back the monthly purchases and eventually ending the program.</p><p><blockquote>巴尔金是美联储政策制定委员会的现任投票成员，他在周一接受路透社采访时也认为，在缩减每月购买规模并最终结束该计划之前，美国正在朝着美联储所说的劳动力市场进展水平取得进展。</blockquote></p><p> “We are closing in ... I don’t know exactly when that will be. When we do close in on it I am very supportive of tapering and moving back toward a normal environment as quickly as the economy allows us,” Barkin said.</p><p><blockquote>“我们正在接近......我不知道具体是什么时候。当我们接近时，我非常支持在经济允许的情况下尽快缩减规模并恢复正常环境，”巴尔金说。</blockquote></p><p> But he added he was not ready to commit to a timetable, arguing the Fed should stick to what it has promised: buying bonds until the labor market has more fully healed.</p><p><blockquote>但他补充说，他还没有准备好承诺时间表，认为美联储应该坚持其承诺：购买债券，直到劳动力市场更加完全康复。</blockquote></p><p> It is credible to think “we will get there in the next few months,” said Barkin, who spoke amid a debate at the Fed in which some of his colleagues call for reducing the bond purchases perhaps as early as October.</p><p><blockquote>巴尔金说，“我们将在未来几个月内实现这一目标”的想法是可信的。</blockquote></p><p> “I would like to be at a normal level of participation in the asset markets and a normal level of (interest) rates,” Barkin said. But “I also think that as a committee, when you put out forward guidance you think about it carefully and then do your best to live to that.”</p><p><blockquote>“巴尔金说：”我希望参与资产市场的正常水平和（利率）的正常水平。但 “我也认为，作为一个委员会，当你提出指导意见时，你会仔细考虑，然后尽最大努力去执行”。</blockquote></p><p> The Fed in December said it would wait for “substantial further progress” in the jobs recovery before reducing its asset purchases, a precursor to eventual interest rate hikes.</p><p><blockquote>美联储在 12 月表示，将等待就业复苏取得 “实质性进一步进展”，然后再减少资产购买，这是最终加息的前兆。</blockquote></p><p> INFLATION HAS ‘CRESTED’?</p><p><blockquote>通货膨胀已经“见顶”了吗？</blockquote></p><p> Where others have since introduced financial stability concerns or the need to prepare for rate hikes as part of the case for an earlier bond taper, Barkin said he remained focused on employment and not the calendar.</p><p><blockquote>此后，其他人提出了金融稳定担忧或需要为加息做准备，作为早期债券缩减的一部分，巴尔金表示，他仍然关注就业，而不是日程安排。</blockquote></p><p> In particular he wants to see the employment-to-population ratio rises perhaps another half a percentage point to around 59%, a benchmark he regards as a “holistic” measure of job market health. That could be met in short order or take months to climb higher.</p><p><blockquote>他特别希望看到就业与人口的比率再上升半个百分点，达到 59% 左右，他认为这一基准是衡量就业市场健康状况的 “整体 ”指标。这可能会在短时间内实现，也可能需要几个月的时间才能爬得更高。</blockquote></p><p> Barkin’s comments represent a middle ground that could help shape whatever consensus emerges about the Fed’s next steps. They also show the divergent views emerging among Fed officials about what data deserves emphasis as they plan their exit from emergency monetary policies set at the start of the pandemic.</p><p><blockquote>巴尔金的言论代表了一个中间立场，有助于就美联储下一步行动达成共识。它们还显示了美联储官员在计划退出疫情开始时制定的紧急货币政策时，对于哪些数据值得强调，出现了不同的看法。</blockquote></p><p> Some officials in recent days, for example, have said they feel the current year’s high rate of inflation, at around 3.5% by one of the Fed’s preferred measures, is arguably enough to meet the Fed’s current pledge to keep average inflation consistently at 2%, and perhaps slightly above it for a time.</p><p><blockquote>例如，一些官员最近几天表示，他们认为今年的高通胀率（根据美联储的首选衡量标准之一，通胀率约为 3.5%）可以说足以兑现美联储目前的承诺，即将平均通胀率稳定在 2%，甚至可能在一段时间内略高于 2%。</blockquote></p><p> Barkin said he was not ready to commit to that sort of stricter view of inflation averaging, but neither does he dismiss the risk that higher prices may persist.</p><p><blockquote>巴尔金表示，他还没有准备好对通胀平均持更严格的观点，但他也不排除物价上涨可能持续的风险。</blockquote></p><p> Similarly, he said it remains an open question whether this fall will see millions return to the job market as schools reopen and programs like enhanced unemployment insurance end, or whether the pandemic, and its now dominant Delta variant, have changed life and occupational choices to a degree that labor remains scarce.</p><p><blockquote>同样，他表示，随着学校重新开放和强化失业保险等项目的结束，今年秋天是否会有数百万人重返就业市场，或者疫情及其现在占主导地位的德尔塔变异毒株是否已经改变了生活和职业选择，以至于劳动力仍然稀缺，这仍然是一个悬而未决的问题。</blockquote></p><p> “If we don’t get a big increase of people going back into the work force when unemployment insurance expires, kids are back in school, summer is over, then I am going to have to ask myself some questions about my assumptions,” Barkin said.</p><p><blockquote>“巴尔金说：”如果当失业保险到期、孩子们重返校园、暑假结束时，重返工作岗位的人数没有大幅增加，那么我将不得不问自己一些关于我假设的问题。</blockquote></p><p> Likewise he feels inflation “seems to have crested,” and should revert in coming months. But how far and how fast are uncertain, and he noted that some of the dynamics, from supply chain disruptions to strained U.S. relations with China, could keep the pace of price increases higher for longer.</p><p><blockquote>同样，他认为通货膨胀 “似乎已经达到顶峰”，并将在未来几个月内恢复。但涨价幅度和速度尚不确定，他指出，从供应链中断到美国与中国关系紧张，一些动态可能会在更长时间内使价格上涨步伐保持较高水平。</blockquote></p><p> “Supply chain pressures are real. You have compensation pressures. I don’t know where it is going to go. There will be reversion in a number of places. But the world is not static,” he said. “It is not credible if Wal-Mart says screw it I am going to China because they could not get stuff off a boat,” given the global shortage of shipping containers.</p><p><blockquote>“供应链压力是真实存在的。你有补偿压力。我不知道它会走向何方。很多地方都会出现逆转。但世界不是一成不变的，”他说。“鉴于全球集装箱短缺，沃尔玛说去他妈的，我要去中国是因为他们无法从船上卸货，这是不可信的。”</blockquote></p><p> That uncertainty is why Barkin says he is comfortable with the Fed’s current approach downplaying forecasts and waiting for the data to show what impacts of the pandemic persist, and which ones ease.</p><p><blockquote>巴尔金说，正是由于这种不确定性，他对美联储目前淡化预测并等待数据显示大流行病的哪些影响持续存在，哪些影响有所缓解的做法感到满意。</blockquote></p><p> “On the employment side you have a hypothesis that you are going to bring a lot more back in. On inflation you have a hypothesis that these things are transitory,” he said. “I need to test both of these.”</p><p><blockquote>“在就业方面，你有一个假设，那就是你会带来更多的就业机会。在通货膨胀方面，你有一个假设，那就是这些事情是暂时的，”他说。“我需要测试这两个。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Barkin: U.S. \"closing in\" on taper, but could still take a few months<blockquote>美联储巴尔金：美国“接近”缩减规模，但仍可能需要几个月时间</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed's Barkin: U.S. \"closing in\" on taper, but could still take a few months<blockquote>美联储巴尔金：美国“接近”缩减规模，但仍可能需要几个月时间</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-08-11 20:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>ASHEVILLE, N.C., Aug 11 (Reuters) - It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can reduce its crisis-era support for the economy, according to Richmond Federal Reserve Bank President Thomas Barkin, who added a centrist voice to the open debate about when to trim the central bank’s $120 billion in monthly bond purchases.</p><p><blockquote>路透社北卡罗来纳州阿什维尔8月11日电）--里士满联邦储备银行行长托马斯-巴尔金（Thomas Barkin）表示，美国就业市场可能还需要几个月的时间才能复苏到美联储可以减少危机时期对经济的支持。</blockquote></p><p> Several of Barkin’s colleagues have argued the purchases should be phased out fast to put monetary policy on a more normal footing, prepare for eventual interest rate increases as a guard against inflation, and temper housing and other asset price increases that may be boosted by the Fed’s bond buying.</p><p><blockquote>巴尔金的几位同事认为，应尽快逐步取消购买，以使货币政策处于更正常的基础上，为最终加息做好准备，以防范通货膨胀，并抑制美联储购买债券可能会推动的住房和其他资产价格上涨。</blockquote></p><p> In an interview on Monday with Reuters, Barkin, a current voting member of the Fed’s policy setting committee, agreed the country was making progress toward the level of labor market progress the Fed has said it wants before scaling back the monthly purchases and eventually ending the program.</p><p><blockquote>巴尔金是美联储政策制定委员会的现任投票成员，他在周一接受路透社采访时也认为，在缩减每月购买规模并最终结束该计划之前，美国正在朝着美联储所说的劳动力市场进展水平取得进展。</blockquote></p><p> “We are closing in ... I don’t know exactly when that will be. When we do close in on it I am very supportive of tapering and moving back toward a normal environment as quickly as the economy allows us,” Barkin said.</p><p><blockquote>“我们正在接近......我不知道具体是什么时候。当我们接近时，我非常支持在经济允许的情况下尽快缩减规模并恢复正常环境，”巴尔金说。</blockquote></p><p> But he added he was not ready to commit to a timetable, arguing the Fed should stick to what it has promised: buying bonds until the labor market has more fully healed.</p><p><blockquote>但他补充说，他还没有准备好承诺时间表，认为美联储应该坚持其承诺：购买债券，直到劳动力市场更加完全康复。</blockquote></p><p> It is credible to think “we will get there in the next few months,” said Barkin, who spoke amid a debate at the Fed in which some of his colleagues call for reducing the bond purchases perhaps as early as October.</p><p><blockquote>巴尔金说，“我们将在未来几个月内实现这一目标”的想法是可信的。</blockquote></p><p> “I would like to be at a normal level of participation in the asset markets and a normal level of (interest) rates,” Barkin said. But “I also think that as a committee, when you put out forward guidance you think about it carefully and then do your best to live to that.”</p><p><blockquote>“巴尔金说：”我希望参与资产市场的正常水平和（利率）的正常水平。但 “我也认为，作为一个委员会，当你提出指导意见时，你会仔细考虑，然后尽最大努力去执行”。</blockquote></p><p> The Fed in December said it would wait for “substantial further progress” in the jobs recovery before reducing its asset purchases, a precursor to eventual interest rate hikes.</p><p><blockquote>美联储在 12 月表示，将等待就业复苏取得 “实质性进一步进展”，然后再减少资产购买，这是最终加息的前兆。</blockquote></p><p> INFLATION HAS ‘CRESTED’?</p><p><blockquote>通货膨胀已经“见顶”了吗？</blockquote></p><p> Where others have since introduced financial stability concerns or the need to prepare for rate hikes as part of the case for an earlier bond taper, Barkin said he remained focused on employment and not the calendar.</p><p><blockquote>此后，其他人提出了金融稳定担忧或需要为加息做准备，作为早期债券缩减的一部分，巴尔金表示，他仍然关注就业，而不是日程安排。</blockquote></p><p> In particular he wants to see the employment-to-population ratio rises perhaps another half a percentage point to around 59%, a benchmark he regards as a “holistic” measure of job market health. That could be met in short order or take months to climb higher.</p><p><blockquote>他特别希望看到就业与人口的比率再上升半个百分点，达到 59% 左右，他认为这一基准是衡量就业市场健康状况的 “整体 ”指标。这可能会在短时间内实现，也可能需要几个月的时间才能爬得更高。</blockquote></p><p> Barkin’s comments represent a middle ground that could help shape whatever consensus emerges about the Fed’s next steps. They also show the divergent views emerging among Fed officials about what data deserves emphasis as they plan their exit from emergency monetary policies set at the start of the pandemic.</p><p><blockquote>巴尔金的言论代表了一个中间立场，有助于就美联储下一步行动达成共识。它们还显示了美联储官员在计划退出疫情开始时制定的紧急货币政策时，对于哪些数据值得强调，出现了不同的看法。</blockquote></p><p> Some officials in recent days, for example, have said they feel the current year’s high rate of inflation, at around 3.5% by one of the Fed’s preferred measures, is arguably enough to meet the Fed’s current pledge to keep average inflation consistently at 2%, and perhaps slightly above it for a time.</p><p><blockquote>例如，一些官员最近几天表示，他们认为今年的高通胀率（根据美联储的首选衡量标准之一，通胀率约为 3.5%）可以说足以兑现美联储目前的承诺，即将平均通胀率稳定在 2%，甚至可能在一段时间内略高于 2%。</blockquote></p><p> Barkin said he was not ready to commit to that sort of stricter view of inflation averaging, but neither does he dismiss the risk that higher prices may persist.</p><p><blockquote>巴尔金表示，他还没有准备好对通胀平均持更严格的观点，但他也不排除物价上涨可能持续的风险。</blockquote></p><p> Similarly, he said it remains an open question whether this fall will see millions return to the job market as schools reopen and programs like enhanced unemployment insurance end, or whether the pandemic, and its now dominant Delta variant, have changed life and occupational choices to a degree that labor remains scarce.</p><p><blockquote>同样，他表示，随着学校重新开放和强化失业保险等项目的结束，今年秋天是否会有数百万人重返就业市场，或者疫情及其现在占主导地位的德尔塔变异毒株是否已经改变了生活和职业选择，以至于劳动力仍然稀缺，这仍然是一个悬而未决的问题。</blockquote></p><p> “If we don’t get a big increase of people going back into the work force when unemployment insurance expires, kids are back in school, summer is over, then I am going to have to ask myself some questions about my assumptions,” Barkin said.</p><p><blockquote>“巴尔金说：”如果当失业保险到期、孩子们重返校园、暑假结束时，重返工作岗位的人数没有大幅增加，那么我将不得不问自己一些关于我假设的问题。</blockquote></p><p> Likewise he feels inflation “seems to have crested,” and should revert in coming months. But how far and how fast are uncertain, and he noted that some of the dynamics, from supply chain disruptions to strained U.S. relations with China, could keep the pace of price increases higher for longer.</p><p><blockquote>同样，他认为通货膨胀 “似乎已经达到顶峰”，并将在未来几个月内恢复。但涨价幅度和速度尚不确定，他指出，从供应链中断到美国与中国关系紧张，一些动态可能会在更长时间内使价格上涨步伐保持较高水平。</blockquote></p><p> “Supply chain pressures are real. You have compensation pressures. I don’t know where it is going to go. There will be reversion in a number of places. But the world is not static,” he said. “It is not credible if Wal-Mart says screw it I am going to China because they could not get stuff off a boat,” given the global shortage of shipping containers.</p><p><blockquote>“供应链压力是真实存在的。你有补偿压力。我不知道它会走向何方。很多地方都会出现逆转。但世界不是一成不变的，”他说。“鉴于全球集装箱短缺，沃尔玛说去他妈的，我要去中国是因为他们无法从船上卸货，这是不可信的。”</blockquote></p><p> That uncertainty is why Barkin says he is comfortable with the Fed’s current approach downplaying forecasts and waiting for the data to show what impacts of the pandemic persist, and which ones ease.</p><p><blockquote>巴尔金说，正是由于这种不确定性，他对美联储目前淡化预测并等待数据显示大流行病的哪些影响持续存在，哪些影响有所缓解的做法感到满意。</blockquote></p><p> “On the employment side you have a hypothesis that you are going to bring a lot more back in. On inflation you have a hypothesis that these things are transitory,” he said. “I need to test both of these.”</p><p><blockquote>“在就业方面，你有一个假设，那就是你会带来更多的就业机会。在通货膨胀方面，你有一个假设，那就是这些事情是暂时的，”他说。“我需要测试这两个。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-fed-barkin/exclusive-feds-barkin-u-s-closing-in-on-taper-but-could-still-take-a-few-months-idUSL1N2PI029\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/usa-fed-barkin/exclusive-feds-barkin-u-s-closing-in-on-taper-but-could-still-take-a-few-months-idUSL1N2PI029","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150646508","content_text":"ASHEVILLE, N.C., Aug 11 (Reuters) - It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can reduce its crisis-era support for the economy, according to Richmond Federal Reserve Bank President Thomas Barkin, who added a centrist voice to the open debate about when to trim the central bank’s $120 billion in monthly bond purchases.\nSeveral of Barkin’s colleagues have argued the purchases should be phased out fast to put monetary policy on a more normal footing, prepare for eventual interest rate increases as a guard against inflation, and temper housing and other asset price increases that may be boosted by the Fed’s bond buying.\nIn an interview on Monday with Reuters, Barkin, a current voting member of the Fed’s policy setting committee, agreed the country was making progress toward the level of labor market progress the Fed has said it wants before scaling back the monthly purchases and eventually ending the program.\n“We are closing in ... I don’t know exactly when that will be. When we do close in on it I am very supportive of tapering and moving back toward a normal environment as quickly as the economy allows us,” Barkin said.\nBut he added he was not ready to commit to a timetable, arguing the Fed should stick to what it has promised: buying bonds until the labor market has more fully healed.\nIt is credible to think “we will get there in the next few months,” said Barkin, who spoke amid a debate at the Fed in which some of his colleagues call for reducing the bond purchases perhaps as early as October.\n“I would like to be at a normal level of participation in the asset markets and a normal level of (interest) rates,” Barkin said. But “I also think that as a committee, when you put out forward guidance you think about it carefully and then do your best to live to that.”\nThe Fed in December said it would wait for “substantial further progress” in the jobs recovery before reducing its asset purchases, a precursor to eventual interest rate hikes.\nINFLATION HAS ‘CRESTED’?\nWhere others have since introduced financial stability concerns or the need to prepare for rate hikes as part of the case for an earlier bond taper, Barkin said he remained focused on employment and not the calendar.\nIn particular he wants to see the employment-to-population ratio rises perhaps another half a percentage point to around 59%, a benchmark he regards as a “holistic” measure of job market health. That could be met in short order or take months to climb higher.\nBarkin’s comments represent a middle ground that could help shape whatever consensus emerges about the Fed’s next steps. They also show the divergent views emerging among Fed officials about what data deserves emphasis as they plan their exit from emergency monetary policies set at the start of the pandemic.\nSome officials in recent days, for example, have said they feel the current year’s high rate of inflation, at around 3.5% by one of the Fed’s preferred measures, is arguably enough to meet the Fed’s current pledge to keep average inflation consistently at 2%, and perhaps slightly above it for a time.\nBarkin said he was not ready to commit to that sort of stricter view of inflation averaging, but neither does he dismiss the risk that higher prices may persist.\nSimilarly, he said it remains an open question whether this fall will see millions return to the job market as schools reopen and programs like enhanced unemployment insurance end, or whether the pandemic, and its now dominant Delta variant, have changed life and occupational choices to a degree that labor remains scarce.\n“If we don’t get a big increase of people going back into the work force when unemployment insurance expires, kids are back in school, summer is over, then I am going to have to ask myself some questions about my assumptions,” Barkin said.\nLikewise he feels inflation “seems to have crested,” and should revert in coming months. But how far and how fast are uncertain, and he noted that some of the dynamics, from supply chain disruptions to strained U.S. relations with China, could keep the pace of price increases higher for longer.\n“Supply chain pressures are real. You have compensation pressures. I don’t know where it is going to go. There will be reversion in a number of places. But the world is not static,” he said. “It is not credible if Wal-Mart says screw it I am going to China because they could not get stuff off a boat,” given the global shortage of shipping containers.\nThat uncertainty is why Barkin says he is comfortable with the Fed’s current approach downplaying forecasts and waiting for the data to show what impacts of the pandemic persist, and which ones ease.\n“On the employment side you have a hypothesis that you are going to bring a lot more back in. On inflation you have a hypothesis that these things are transitory,” he said. “I need to test both of these.”","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}