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Zuubbs
2021-07-12
Good to know! [Strong]
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Zuubbs
2021-04-11
Nice! To the moon!
The 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock is so-so
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[Strong] ","listText":"Good to know! [Strong] ","text":"Good to know! [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146236601","repostId":"1189655421","repostType":4,"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342914831,"gmtCreate":1618150598223,"gmtModify":1704706986065,"author":{"id":"3579256594124844","authorId":"3579256594124844","name":"Zuubbs","avatar":"https://static.tigerbbs.com/5948d7ed8c5f87f267d01d5aa78d1343","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579256594124844","authorIdStr":"3579256594124844"},"themes":[],"htmlText":"Nice! To the moon!","listText":"Nice! To the moon!","text":"Nice! To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342914831","repostId":"2126706921","repostType":2,"repost":{"id":"2126706921","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1617904860,"share":"https://ttm.financial/m/news/2126706921?lang=&edition=fundamental","pubTime":"2021-04-09 02:01","market":"hk","language":"en","title":"The 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock is so-so","url":"https://stock-news.laohu8.com/highlight/detail?id=2126706921","media":"Dow Jones","summary":"MW The 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW The 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock is so-so\n</p>\n<p>\n By Thornton McEnery \n</p>\n<p>\n GameStop's army of Reddit traders is ecstatic over the news that Ryan Cohen has been nominated chairman of the bricks-and-mortar videogame retailer, consolidating power for the executive who is seen as crucial to individual investors' hoped-for turnaround. \n</p>\n<p>\n Cohen, who retail traders on social media treat reverentially, has been viewed as a sort of messiah in bluejeans amid the crusade to send the value of GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> shares to the moon, while squeezing under foot, the hedge funds who have tried to bet against GameStop's shares. \n</p>\n<p>\n The 35-year-old Cohen will succeed Kathy Vrabeck on June 9, the date of company's annual meeting. \n</p>\n<p>\n Message boards on Thursday were lit up, reflecting the Reddit crowd's exuberance: \n</p>\n<p>\n \"CHAIRMAN COHEN!\" posted multiple users on Reddit board r/Superstonk, with those messages followed by rocket emojis signifying their belief that Cohen's new role will take GameStop stock \"to the moon.\" \n</p>\n<p>\n For retail traders on social media, Cohen's leadership role promises greater change for the company. \n</p>\n<p>\n \"DADDY CHAIR COHEN,\" posted <a href=\"https://laohu8.com/S/AONE\">one</a> Reddit user. \n</p>\n<p>\n Cohen appeared to appreciate that sentiment, tweeting a photoshopped image of himself as an armchair: \n</p>\n<p>\n</p>\n<p>\n Cohen joined GameStop's board earlier this year and immediately began championing a transition to digital sales--an effort that he is currently leading. His pedigree as the co-founder of Chewy Inc. <a href=\"https://laohu8.com/S/CHWY\">$(CHWY)$</a>is part of the reason that he has drawn such enthusiasm from individual investors. He recently disclosed a 12.9% stake in GameStop via his personal investment arm RC Ventures LLC, according to public documents. \n</p>\n<p>\n Cohen's involvement in GameStop also caught the eye of social-media stock guru Keith Gill --aka Roaring Kitty, aka DeepFuckingValue--who posted a bullish and Cohen-centric investment thesis on GameStop that garnered attention and played a key role in January's manic short squeeze that sent GameStop shares up by more than 1,600% in a matter of days. \n</p>\n<p>\n Despite the stock coming back to Earth, Cohen appears to have made good on his pledge to give GameStop's leadership a face-lift. In addition to creating a strategy committee, formed last month to identify ways to accelerate GameStop's transformation, the company has also brought in senior executives from Chewy and Amazon, and announced the departure of its CFO and chief customer officer. \n</p>\n<p>\n When Cohen tweeted a picture of his late father with the phrase \"Superman lives forever\" on Mar 17, he received almost 1,000 replies from users --many of them outspoken GameStop bulls--offering him condolences, with some even speculating that the tweet would push up the stock. \n</p>\n<p>\n But while Cohen's coming reign has GameStop bulls thrilled, the stock was trading 1.4% lower Thursday and has been down over 8% so far this week. \n</p>\n<p>\n A few dyed-in-the-wool GameStop enthusiasts fantasized about the possibility of an even more radical addition to the retailer's ranks: Gill. That is despite the fact that Roaring Kitty has no prior experience running a billion-dollar corporation. \n</p>\n<p>\n -Thornton McEnery; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n<a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n April 08, 2021 14:01 ET (18:01 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>The 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock is so-so</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock is so-so\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-09 02:01</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW The 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock is so-so\n</p>\n<p>\n By Thornton McEnery \n</p>\n<p>\n GameStop's army of Reddit traders is ecstatic over the news that Ryan Cohen has been nominated chairman of the bricks-and-mortar videogame retailer, consolidating power for the executive who is seen as crucial to individual investors' hoped-for turnaround. \n</p>\n<p>\n Cohen, who retail traders on social media treat reverentially, has been viewed as a sort of messiah in bluejeans amid the crusade to send the value of GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> shares to the moon, while squeezing under foot, the hedge funds who have tried to bet against GameStop's shares. \n</p>\n<p>\n The 35-year-old Cohen will succeed Kathy Vrabeck on June 9, the date of company's annual meeting. \n</p>\n<p>\n Message boards on Thursday were lit up, reflecting the Reddit crowd's exuberance: \n</p>\n<p>\n \"CHAIRMAN COHEN!\" posted multiple users on Reddit board r/Superstonk, with those messages followed by rocket emojis signifying their belief that Cohen's new role will take GameStop stock \"to the moon.\" \n</p>\n<p>\n For retail traders on social media, Cohen's leadership role promises greater change for the company. \n</p>\n<p>\n \"DADDY CHAIR COHEN,\" posted <a href=\"https://laohu8.com/S/AONE\">one</a> Reddit user. \n</p>\n<p>\n Cohen appeared to appreciate that sentiment, tweeting a photoshopped image of himself as an armchair: \n</p>\n<p>\n</p>\n<p>\n Cohen joined GameStop's board earlier this year and immediately began championing a transition to digital sales--an effort that he is currently leading. His pedigree as the co-founder of Chewy Inc. <a href=\"https://laohu8.com/S/CHWY\">$(CHWY)$</a>is part of the reason that he has drawn such enthusiasm from individual investors. He recently disclosed a 12.9% stake in GameStop via his personal investment arm RC Ventures LLC, according to public documents. \n</p>\n<p>\n Cohen's involvement in GameStop also caught the eye of social-media stock guru Keith Gill --aka Roaring Kitty, aka DeepFuckingValue--who posted a bullish and Cohen-centric investment thesis on GameStop that garnered attention and played a key role in January's manic short squeeze that sent GameStop shares up by more than 1,600% in a matter of days. \n</p>\n<p>\n Despite the stock coming back to Earth, Cohen appears to have made good on his pledge to give GameStop's leadership a face-lift. In addition to creating a strategy committee, formed last month to identify ways to accelerate GameStop's transformation, the company has also brought in senior executives from Chewy and Amazon, and announced the departure of its CFO and chief customer officer. \n</p>\n<p>\n When Cohen tweeted a picture of his late father with the phrase \"Superman lives forever\" on Mar 17, he received almost 1,000 replies from users --many of them outspoken GameStop bulls--offering him condolences, with some even speculating that the tweet would push up the stock. \n</p>\n<p>\n But while Cohen's coming reign has GameStop bulls thrilled, the stock was trading 1.4% lower Thursday and has been down over 8% so far this week. \n</p>\n<p>\n A few dyed-in-the-wool GameStop enthusiasts fantasized about the possibility of an even more radical addition to the retailer's ranks: Gill. That is despite the fact that Roaring Kitty has no prior experience running a billion-dollar corporation. \n</p>\n<p>\n -Thornton McEnery; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n<a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n April 08, 2021 14:01 ET (18:01 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126706921","content_text":"MW The 30-something Cohen consolidates power at GameStop and the Reddit crowd cheers...but the stock is so-so\n\n\n By Thornton McEnery \n\n\n GameStop's army of Reddit traders is ecstatic over the news that Ryan Cohen has been nominated chairman of the bricks-and-mortar videogame retailer, consolidating power for the executive who is seen as crucial to individual investors' hoped-for turnaround. \n\n\n Cohen, who retail traders on social media treat reverentially, has been viewed as a sort of messiah in bluejeans amid the crusade to send the value of GameStop $(GME)$ shares to the moon, while squeezing under foot, the hedge funds who have tried to bet against GameStop's shares. \n\n\n The 35-year-old Cohen will succeed Kathy Vrabeck on June 9, the date of company's annual meeting. \n\n\n Message boards on Thursday were lit up, reflecting the Reddit crowd's exuberance: \n\n\n \"CHAIRMAN COHEN!\" posted multiple users on Reddit board r/Superstonk, with those messages followed by rocket emojis signifying their belief that Cohen's new role will take GameStop stock \"to the moon.\" \n\n\n For retail traders on social media, Cohen's leadership role promises greater change for the company. \n\n\n \"DADDY CHAIR COHEN,\" posted one Reddit user. \n\n\n Cohen appeared to appreciate that sentiment, tweeting a photoshopped image of himself as an armchair: \n\n\n\n\n Cohen joined GameStop's board earlier this year and immediately began championing a transition to digital sales--an effort that he is currently leading. His pedigree as the co-founder of Chewy Inc. $(CHWY)$is part of the reason that he has drawn such enthusiasm from individual investors. He recently disclosed a 12.9% stake in GameStop via his personal investment arm RC Ventures LLC, according to public documents. \n\n\n Cohen's involvement in GameStop also caught the eye of social-media stock guru Keith Gill --aka Roaring Kitty, aka DeepFuckingValue--who posted a bullish and Cohen-centric investment thesis on GameStop that garnered attention and played a key role in January's manic short squeeze that sent GameStop shares up by more than 1,600% in a matter of days. \n\n\n Despite the stock coming back to Earth, Cohen appears to have made good on his pledge to give GameStop's leadership a face-lift. In addition to creating a strategy committee, formed last month to identify ways to accelerate GameStop's transformation, the company has also brought in senior executives from Chewy and Amazon, and announced the departure of its CFO and chief customer officer. \n\n\n When Cohen tweeted a picture of his late father with the phrase \"Superman lives forever\" on Mar 17, he received almost 1,000 replies from users --many of them outspoken GameStop bulls--offering him condolences, with some even speculating that the tweet would push up the stock. \n\n\n But while Cohen's coming reign has GameStop bulls thrilled, the stock was trading 1.4% lower Thursday and has been down over 8% so far this week. \n\n\n A few dyed-in-the-wool GameStop enthusiasts fantasized about the possibility of an even more radical addition to the retailer's ranks: Gill. That is despite the fact that Roaring Kitty has no prior experience running a billion-dollar corporation. \n\n\n -Thornton McEnery; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n April 08, 2021 14:01 ET (18:01 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":342914831,"gmtCreate":1618150598223,"gmtModify":1704706986065,"author":{"id":"3579256594124844","authorId":"3579256594124844","name":"Zuubbs","avatar":"https://static.tigerbbs.com/5948d7ed8c5f87f267d01d5aa78d1343","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579256594124844","authorIdStr":"3579256594124844"},"themes":[],"htmlText":"Nice! To the moon!","listText":"Nice! To the moon!","text":"Nice! To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342914831","repostId":"2126706921","repostType":2,"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146236601,"gmtCreate":1626081541603,"gmtModify":1703752948960,"author":{"id":"3579256594124844","authorId":"3579256594124844","name":"Zuubbs","avatar":"https://static.tigerbbs.com/5948d7ed8c5f87f267d01d5aa78d1343","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579256594124844","authorIdStr":"3579256594124844"},"themes":[],"htmlText":"Good to know! [Strong] ","listText":"Good to know! [Strong] ","text":"Good to know! [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146236601","repostId":"1189655421","repostType":4,"repost":{"id":"1189655421","kind":"news","pubTimestamp":1626049910,"share":"https://ttm.financial/m/news/1189655421?lang=&edition=fundamental","pubTime":"2021-07-12 08:31","market":"us","language":"en","title":"With the next move for stocks unclear, some Wall Street pros are betting on health care. Here’s why","url":"https://stock-news.laohu8.com/highlight/detail?id=1189655421","media":"cnbc","summary":"Thursday’sstock market sell-offand rising concerns about global growth have rattled some investors, ","content":"<html><body><div>\n<p>Thursday’sstock market sell-offand rising concerns about global growth have rattled some investors, but the health care sector may offer an attractive hiding place, according to Wall Street pros.\nThe ...</p>\n<a href=\"https://www.cnbc.com/2021/07/09/heres-why-some-wall-street-pros-are-betting-on-health-care.html\">Web Link</a>\n</div>\n</body></html>","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>With the next move for stocks unclear, some Wall Street pros are betting on health care. Here’s why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith the next move for stocks unclear, some Wall Street pros are betting on health care. Here’s why\n</h2>\n<h4 class=\"meta\">\n\n\n2021-07-12 08:31 GMT+8 <a href=\"https://www.cnbc.com/2021/07/09/heres-why-some-wall-street-pros-are-betting-on-health-care.html\"><strong>cnbc</strong></a>\n</h4>\n</header>\n<article>\n<div>\n<p>Thursday’sstock market sell-offand rising concerns about global growth have rattled some investors, but the health care sector may offer an attractive hiding place, according to Wall Street pros.\nThe ...</p>\n<a href=\"https://www.cnbc.com/2021/07/09/heres-why-some-wall-street-pros-are-betting-on-health-care.html\">Web Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","BSX":"波士顿科学","TMO":"赛默飞世尔","PFE":"辉瑞"},"source_url":"https://www.cnbc.com/2021/07/09/heres-why-some-wall-street-pros-are-betting-on-health-care.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1189655421","content_text":"Thursday’sstock market sell-offand rising concerns about global growth have rattled some investors, but the health care sector may offer an attractive hiding place, according to Wall Street pros.\nThe pullback came as Wall Street strategists havegrown increasingly tepid about the near-term directionof the market, which has reeled off a string of record highs in recent weeks but is facing uncertainty about the Federal Reserve and variants of Covid-19.\n″[Thursday’s decline] is highlighting this push and pull between investors with different time horizons. In the near term, it’s hard to argue that any of the news on the delta variant gets any better,” said Jeffrey Kleintop, chief global investment strategist at Charles Schwab.\nAmid that uncertainty, there appears to be a growing appetite for more defensive plays. Bank of America said in a note on Thursday that fund flows from private clients have shown build-ups in defensive positions over the past four weeks, with utilities being the most popular.\nThat environment could be good news for investors in health care, a traditionally defensive sector that some Wall Street pros have turned bullish on in recent weeks.\nHealth care enters a growth phase\nBecause the companies were hit so hard during the pandemic, which forced hospitals across the country to suspend many non-Covid procedures and care, health care is in a sweet spot as a defensive play with strong year-over-year growth, said Alicia Levine, head of equities at BNY Mellon Wealth Management.\n“They terribly underperformed very early cycle, as one would expect, and of course the actual facts on the ground that people stopped going to the doctor and stopped doing unnecessary procedures during the pandemic, all of that will come back,” Levine said. “So in a sense, health care is in a growth phase now and also the sector will do well in this kind of mid-cycle phase.”\nThe spread of the delta variant of Covid-19 is a growing concern for the broader market, but Kleintop said that health stocks should be able to better withstand another wave of Covid in the U.S. as the medical system should be able to operate more normally than last year.\n“The idea that hospitals would be overwhelmed seems like a low probability, given the effectiveness of the vaccine, particularly with regard to severe cases, and the fact that hospitals are better prepared for this,” Kleintop said.\nAttractive prices\nThe health care sector is currently trading near record highs, but the stocks have mostly trailed the broader market this year. TheS&P 500has gained 16% year to date, while theHealth Care Select Sector SPDR Fundhas climbed about 13%.\n\nThat underperformance, combined with a weak year for the sector in 2020, means that health care stocks are attracting the attention of some value investors.\nEli Salzmann, manager of the highly ratedNeuberger Berman Large Cap Value Fund,said he has added pharmaceutical positions in recent months.Johnson & JohnsonandPfizerare top-10 holdings for the fund.\n“If you look at some of the larger pharmaceutical companies, they certainly are inexpensive and they are certainly within the value spectrum,” Salzmann said.\nMeanwhile, BTIG’s Julian Emanuel included several health care stocks in his top picks for the second half of 2021. The strategist said in a note this week that he is bullish on medical device stocksBoston ScientificandThermo Fisher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
