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CoolFox

CoolFox

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2022-07-14

I don't get the explaination that Russian-Ukraine conflict is the main factor of the component shortage for chip manufacturing. Ukraine produces 50% of neon gas for the chip industry. Even with Ukraine out, China and Russia have huge amount of neon to supply the world. The problem is politic and economic because they will sell it at their conditions and price they want. Welcome to the reality of these bulls*** sanctions.

2022 Semiconductors Mid-Year Review: Can AEM and its Peers Still Grow?

2021-06-26

I tend to agree with this analysis… although i would probably add that the price tag is quite different when comparing AAPL with the others.Hence, there is also a choice to make when you consider that 1 share of Alphabet at current market price of $2350 could give you about 20 shares of Apple (approximately).Personally i bought AAPL because of this but will, soon, also invest in Alphabet because i believe thatGoogle is here to stay, at least for the next decade, given the gold mine they sit upon (our data).

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2021-08-25

Totally agree as for as AMD is concerned. It’s already in my portfolio for a while and this confirms it was a good idea.

These 3 Stocks Are Screaming Buys Right Now

2021-09-05

There will be correction, of course. But that should not be a reason to prevent investors buying ETF toreplicate the performance of S&P 500 and rely on compound interests.Remember that bearish markes last less longer than bullish ones.

Speak No Evil of the S&P 500’s Neverending Records

2021-08-24

If you are a any type of trader but investor, you may sell it soon…. As far as i am concerned i am gonna hold them due to the continuous and increasingbusiness value.

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2021-09-22

Not sure between MacDonald and Starbucks….

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2021-09-06

Wanting is one thing…. But creating a competitive one is an different thing. It’s interesting to see what these players will come with.

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2021-08-26

Sounds very promising…. Another good reason to invest in Apple.

Apple Has 2 Secret Weapons. No, They're Not New iPhones.

2021-07-18

Wonder whether this story also inspired the movie “Catch me if you can” with Leonardo de Caprio.

Wall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World

2021-08-26

“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.

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don't get the explaination that Russian-Ukraine conflict is the main factor of the component shortage for chip manufacturing. Ukraine produces 50% of neon gas for the chip industry. Even with Ukraine out, China and Russia have huge amount of neon to supply the world. The problem is politic and economic because they will sell it at their conditions and price they want. Welcome to the reality of these bulls*** sanctions.","listText":"I don't get the explaination that Russian-Ukraine conflict is the main factor of the component shortage for chip manufacturing. Ukraine produces 50% of neon gas for the chip industry. Even with Ukraine out, China and Russia have huge amount of neon to supply the world. The problem is politic and economic because they will sell it at their conditions and price they want. Welcome to the reality of these bulls*** sanctions.","text":"I don't get the explaination that Russian-Ukraine conflict is the main factor of the component shortage for chip manufacturing. Ukraine produces 50% of neon gas for the chip industry. Even with Ukraine out, China and Russia have huge amount of neon to supply the world. The problem is politic and economic because they will sell it at their conditions and price they want. Welcome to the reality of these bulls*** sanctions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076968462","repostId":"1195746189","repostType":4,"repost":{"id":"1195746189","kind":"news","pubTimestamp":1657763389,"share":"https://ttm.financial/m/news/1195746189?lang=en_US&edition=fundamental","pubTime":"2022-07-14 09:49","market":"sg","language":"en","title":"2022 Semiconductors Mid-Year Review: Can AEM and its Peers Still Grow?","url":"https://stock-news.laohu8.com/highlight/detail?id=1195746189","media":"The Smart Investor","summary":"With disruptions across the semiconductor supply chain, can electronic and semiconductor players sti","content":"<html><head></head><body><p>With disruptions across the semiconductor supply chain, can electronic and semiconductor players still grow their top and bottom lines?</p><p><img src=\"https://static.tigerbbs.com/cc3046d9f374ec102a9720b9da685398\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>Time flies, and it’s now halfway through the year.</p><p>We had just concluded the mid-year review of the Singapore banking sector as the lenders grapple with rising interest rates.</p><p>It’s time to turn our attention to the semiconductor industry as it is responsible for powering the devices that we use daily – our cars, computers, smartphones and laptops.</p><p>There is a bunch of companies listed in Singapore that cover the spectrum of semiconductor chips, components and testing services for their clients.</p><p>These include <b>AEM Holdings Ltd</b> (SGX: AWX), <b>UMS Holdings</b> (SGX: 558), <b>Micro-Mechanics (Holdings) Ltd</b> (SGX: 5DD), blue-chip <b>Venture Corporation Limited</b> (SGX: V03), <b>Global Testing Corporation</b> (SGX: AYN), and <b>Frencken Group Limited</b> (SGX: E28).</p><p>Let’s delve into the demand and supply angles to determine if the companies above can still grow.</p><p><b>A dire warning</b></p><p>Earlier this month, major chipmakers sounded a dire warning.</p><p>Both <b>Micron Technology</b> (NASDAQ: MU) and <b>Advanced Micro Devices</b> (NASDAQ: AMD), or AMD, signalled that the two-year global shortage was easing.</p><p>The reason?</p><p>Surging inflation and weaker economic growth are responsible for hitting the brakes on consumer demand and corporate spending.</p><p>In particular, Micro had forecasted a worse-than-expected revenue for its current quarter and remarked that the market had “weakened considerably”.</p><p>AMD highlighted a slowdown in personal computer sales last month after two years of strong growth.</p><p><b>Demand remains resilient</b></p><p>While the two chipmakers’ warnings sound alarming, it’s important to put things in perspective.</p><p>2020 and 2021 saw a big jump in chip orders as huge numbers of people embraced the internet and went online. Numerous businesses were also pushed to digitalise to survive in the wake of the pandemic.</p><p>Companies that benefitted from this surge had it good for two years and are now seeing the effects moderating, leading them to report that sales and demand had “slowed”.</p><p>Coming off a high base, it’s not surprising that companies such as Micron and AMD are sounding an alarm.</p><p>On the flip side,<b>Taiwan Semiconductor Manufacturing Co</b> (TPE: 2330), one of the world’s largest microchip manufacturers, signalled this week that demand is holding up.</p><p>It reported revenue that exceeded analysts’ expectations, while <b>Samsung Electronics</b> (KRX: 005930) announced a better-than-expected 21% year on year jump in revenue.</p><p>To figure out the true picture, let’s take a look at some indicators on the supply side.</p><p><b>Snarled supply chains</b></p><p>In the medical technology (MedTech) sector, there is still an acute semiconductor shortage.</p><p>A survey conducted in April this year revealed that almost 80% of the respondents reported longer lead times for products to arrive, leading hospitals and healthcare institutions to look for alternative sources and products.</p><p>Over at the automotive sector, the shortage of semiconductors plaguing the industry is unlikely to be settled this year, according to the CEO of Mercedes Benz India.</p><p>The situation may only improve in 2023.</p><p>Meanwhile, SEMI, a global association of companies involved in electronics design and the manufacturing supply chain, now believes that the problem is more complex than initially thought.</p><p>While snarled supply chains are responsible for the lack of supply early in the pandemic, it’s now a problem of not having enough chips to manufacture more chips.</p><p>CEO of SEMI, Ajit Monacha, highlighted that the toolmakers for semiconductor fabs need chips themselves to grow capacity to supply chipmakers with the components to manufacture more.</p><p>The Russian-Ukraine conflict is worsening this problem as most of the materials needed come from Ukraine, and it will take months, or even years before new plants are up and running to ease the supply crunch.</p><p><b>Get Smart: A mixed outlook</b></p><p>From the above, it’s clear that demand remains high for microchips and semiconductors due to residual elevated demand from the pandemic.</p><p>However, supply chain problems could interfere with chip manufacturers’ orders, resulting in lower volumes.</p><p>These problems will, in turn, affect the Singapore-listed players that are supplying components or testing solutions to these larger players.</p><p>The good news, though, is that demand remains firm, as highlighted by the World Semiconductor Trade Statistics (WSTS).</p><p>WSTS projects that the global semiconductor market will grow by 8.8% year on year to US$601 billion.</p><p>With demand still high, the companies need to wait for the supply-side issues to sort themselves out.</p><p>It may take some time, but they should all eventually post higher sales and net profits.</p></body></html>","source":"lsy1602567310727","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: 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\">\n2022 Semiconductors Mid-Year Review: Can AEM and its Peers Still Grow?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-14 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/2022-semiconductors-mid-year-review-can-aem-and-its-peers-still-grow/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With disruptions across the semiconductor supply chain, can electronic and semiconductor players still grow their top and bottom lines?Time flies, and it’s now halfway through the year.We had just ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/2022-semiconductors-mid-year-review-can-aem-and-its-peers-still-grow/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"558.SI":"UMS控股","5DD.SI":"微机械","E28.SI":"福根集团有限公司","V03.SI":"创业公司","AWX.SI":"永科","AYN.SI":"寰邦科技"},"source_url":"https://thesmartinvestor.com.sg/2022-semiconductors-mid-year-review-can-aem-and-its-peers-still-grow/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195746189","content_text":"With disruptions across the semiconductor supply chain, can electronic and semiconductor players still grow their top and bottom lines?Time flies, and it’s now halfway through the year.We had just concluded the mid-year review of the Singapore banking sector as the lenders grapple with rising interest rates.It’s time to turn our attention to the semiconductor industry as it is responsible for powering the devices that we use daily – our cars, computers, smartphones and laptops.There is a bunch of companies listed in Singapore that cover the spectrum of semiconductor chips, components and testing services for their clients.These include AEM Holdings Ltd (SGX: AWX), UMS Holdings (SGX: 558), Micro-Mechanics (Holdings) Ltd (SGX: 5DD), blue-chip Venture Corporation Limited (SGX: V03), Global Testing Corporation (SGX: AYN), and Frencken Group Limited (SGX: E28).Let’s delve into the demand and supply angles to determine if the companies above can still grow.A dire warningEarlier this month, major chipmakers sounded a dire warning.Both Micron Technology (NASDAQ: MU) and Advanced Micro Devices (NASDAQ: AMD), or AMD, signalled that the two-year global shortage was easing.The reason?Surging inflation and weaker economic growth are responsible for hitting the brakes on consumer demand and corporate spending.In particular, Micro had forecasted a worse-than-expected revenue for its current quarter and remarked that the market had “weakened considerably”.AMD highlighted a slowdown in personal computer sales last month after two years of strong growth.Demand remains resilientWhile the two chipmakers’ warnings sound alarming, it’s important to put things in perspective.2020 and 2021 saw a big jump in chip orders as huge numbers of people embraced the internet and went online. Numerous businesses were also pushed to digitalise to survive in the wake of the pandemic.Companies that benefitted from this surge had it good for two years and are now seeing the effects moderating, leading them to report that sales and demand had “slowed”.Coming off a high base, it’s not surprising that companies such as Micron and AMD are sounding an alarm.On the flip side,Taiwan Semiconductor Manufacturing Co (TPE: 2330), one of the world’s largest microchip manufacturers, signalled this week that demand is holding up.It reported revenue that exceeded analysts’ expectations, while Samsung Electronics (KRX: 005930) announced a better-than-expected 21% year on year jump in revenue.To figure out the true picture, let’s take a look at some indicators on the supply side.Snarled supply chainsIn the medical technology (MedTech) sector, there is still an acute semiconductor shortage.A survey conducted in April this year revealed that almost 80% of the respondents reported longer lead times for products to arrive, leading hospitals and healthcare institutions to look for alternative sources and products.Over at the automotive sector, the shortage of semiconductors plaguing the industry is unlikely to be settled this year, according to the CEO of Mercedes Benz India.The situation may only improve in 2023.Meanwhile, SEMI, a global association of companies involved in electronics design and the manufacturing supply chain, now believes that the problem is more complex than initially thought.While snarled supply chains are responsible for the lack of supply early in the pandemic, it’s now a problem of not having enough chips to manufacture more chips.CEO of SEMI, Ajit Monacha, highlighted that the toolmakers for semiconductor fabs need chips themselves to grow capacity to supply chipmakers with the components to manufacture more.The Russian-Ukraine conflict is worsening this problem as most of the materials needed come from Ukraine, and it will take months, or even years before new plants are up and running to ease the supply crunch.Get Smart: A mixed outlookFrom the above, it’s clear that demand remains high for microchips and semiconductors due to residual elevated demand from the pandemic.However, supply chain problems could interfere with chip manufacturers’ orders, resulting in lower volumes.These problems will, in turn, affect the Singapore-listed players that are supplying components or testing solutions to these larger players.The good news, though, is that demand remains firm, as highlighted by the World Semiconductor Trade Statistics (WSTS).WSTS projects that the global semiconductor market will grow by 8.8% year on year to US$601 billion.With demand still high, the companies need to wait for the supply-side issues to sort themselves out.It may take some time, but they should all eventually post higher sales and net profits.","news_type":1,"symbols_score_info":{"558.SI":0.9,"5DD.SI":0.9,"V03.SI":0.9,"AWX.SI":0.9,"E28.SI":0.9,"AYN.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2945,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575889284821775","authorId":"3575889284821775","name":"Jackal","avatar":"https://static.tigerbbs.com/2136f45897935c64401ef537e9af93c9","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3575889284821775","idStr":"3575889284821775"},"content":"Its all about geopolitics now . Globalization in its ideal form almost dead. No more comparative advantage economics. Its all about keeping resources and vital products for each national interest.","text":"Its all about geopolitics now . Globalization in its ideal form almost dead. No more comparative advantage economics. Its all about keeping resources and vital products for each national interest.","html":"Its all about geopolitics now . Globalization in its ideal form almost dead. No more comparative advantage economics. Its all about keeping resources and vital products for each national interest."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076984766,"gmtCreate":1657772606155,"gmtModify":1676536060098,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Even if the growth slows down it's still a growth and as long as the P/E remains reasonable, I will keep and load AAPL in my portfolio.","listText":"Even if the growth slows down it's still a growth and as long as the P/E remains reasonable, I will keep and load AAPL in my portfolio.","text":"Even if the growth slows down it's still a growth and as long as the P/E remains reasonable, I will keep and load AAPL in my portfolio.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076984766","repostId":"1183317786","repostType":4,"repost":{"id":"1183317786","kind":"news","pubTimestamp":1657725663,"share":"https://ttm.financial/m/news/1183317786?lang=en_US&edition=fundamental","pubTime":"2022-07-13 23:21","market":"us","language":"en","title":"Apple Could Be Squeezed By Falling Money Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=1183317786","media":"Seeking Alpha","summary":"SummaryApple seems sensitive to money supply changes.The money supply has moved lower recently.Recen","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple seems sensitive to money supply changes.</li><li>The money supply has moved lower recently.</li><li>Recent comments from the Federal Reserve suggest the money supply could continue to fall.</li><li>Mega-cap stocks moved lower over the last eight months, while AAPL has resisted declining in line with its peers.</li></ul><p><b>An Ominous Sign Emerges From Recent Money Stock Changes</b></p><p>Apple&#39;s (NASDAQ:AAPL) profitability seems to respond to changes in the Real M2 Money Stock. With that data series moving steadily lower over the last seven months, I find myself wondering if Apple&#39;s business is close to a decline as well. It&#39;s hard to recommend outright shorting Apple, given their track record, but <i>investors might consider reducing their positions if they are currently holding AAPL shares</i>.</p><p><b>Apple Seems Sensitive To The Money Supply</b></p><p>Below, in orange, is a line that charts Apple&#39;s net income from 2010 to the present time. The overlaid green line shows the change in Real M2 Money Stock over the same twelve-year timeframe.</p><p><img src=\"https://static.tigerbbs.com/528936fdee032a8df5df1f1d9346f525\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha, Federal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M2REAL, July 9, 2022.</p><p>Comparing Apple&#39;s total return to the same Real M2 Money Stock change over the last twelve years shows a similar trend. That isn&#39;t a surprising thing to observe: Apple has used profits to aggressively buy back shares starting in 2013.</p><p><img src=\"https://static.tigerbbs.com/2601df6c94bcf33cf9d8cb513831f02b\" tg-width=\"1280\" tg-height=\"438\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha, Federal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; Real M2 Money Stock, July 9, 2022.</p><p>Below is a chart of Apple&#39;s revenue over the last five years, followed by the money stock over the same period.</p><p><img src=\"https://static.tigerbbs.com/d85bcf86056d9f31c4696dcff5cb61ce\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><img src=\"https://static.tigerbbs.com/f11921668cd853bfe3dc9a034bd4f0a1\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M2REAL, July 11, 2022.</p><p>Before 2020, the last time the money stock jumped sharply higher was in the fall of 2008. Below is a graph that shows Apple&#39;s gross profit margin in 2008 and 2009 and one that shows net income in the same stretch, followed by the Real M2 Money Stock across the same timeframe.</p><p><img src=\"https://static.tigerbbs.com/bb3e8ea9499f7bf942e815b8629bc4b3\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><img src=\"https://static.tigerbbs.com/9de35bc7a244e8f28e9c7246ee334e17\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><img src=\"https://static.tigerbbs.com/5a0dcb7a36a761a9ae06fd52c7f67f09\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; Real M2 Money Stock, July 11, 2022.</p><p>The money stock jumped by about 10.5% from Q3 2008 to Q2 2009. Apple&#39;s net income grew about 21% per quarter in that span. In the two years leading up to Q3 2008, Apple grew net income by about 12% per quarter, while the money stock increased less than 5% over that stretch.</p><p><b>Apple&#39;s Profit Margin Could Retreat From The Recent High Watermark</b><img src=\"https://static.tigerbbs.com/72bedb4549bcfeabac38c78e2582fbe3\" tg-width=\"1280\" tg-height=\"444\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Discussing recent high profit margins, an article posted to Forbes.com on February 3rd, 2021 suggested 1) that high revenues (at the time) helped Apple minimize the fixed costs that go into making an iPhone, 2) that Apple was more successful in convincing customers to buy the pro version of their devices, and 3) that growth in services revenue further absorbed fixed costs. I wanted to dig deeper into those suggestions.</p><p>Apple&#39;s total revenue over the last twelve years, charted below, moves somewhat sympathetically to gross profit margin at times but, to my eye, that relationship is hard to see with confidence.</p><p><img src=\"https://static.tigerbbs.com/0b79a57b9e23952ddfd1caa062c3d8fe\" tg-width=\"1280\" tg-height=\"443\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>According tobacklinko.com, the iPhone 12 outsold the second most popular model, however, if you combine iPhone Pro Max and iPhone Pro sales numbers, the high-end phones outsold the iPhone 12 by 50%. Information sourced from 9to5mac.com confirms that the dynamic of buying the more expensive model was a change compared to the iPhone 11 launch, where the baseline model outsold the pro models.</p><p>Higher services hit a record in Q1 2021. It&#39;s intuitive to recognize that services revenue growth diminishes the fixed cost of designing the systems that support that arm of Apple&#39;s business. It doesn&#39;t cost Apple anything to sell an additional digital book, mp3, or app subscription. With a burst of new customers introduced to the Apple ecosystem during the pandemic, it logically follows that services would see a boost.</p><p>My independent checks of the claims made in the Forbes article lead me to believe that higher margins in 2020 and early 2021 were mostly a function of 1) selling pro versions of the devices Apple released and 2) growing services revenue. According to macrumors.com, the iPhone 13 is currently outselling the pro models, similar to the sales dynamic of the iPhone 11 launch. Although services revenue growth may offset the hit to margins that could come from cheaper models regaining popularity, this dynamic suggests to me that Apple&#39;s gross profit margins are likely to move lower.</p><p><b>Apple Stock Jumped When Interest Rates Started Dropping</b></p><p>An article by Hunkar Ozyasaron Zacks.com notes,<i>“Stock prices tend to move higher when the money supply in an economy is high. Plenty of money circulating in the economy both makes more money available to invest in stocks and also makes alternative investment instruments, such as bonds, less attractive.”</i>From my perspective, Apple has become especially sensitive to money supply changes. Below is a graph that compares the total return for Apple against that of the S&amp;P 500. Apple struggled to keep pace for years, and then began jumping higher, just as interest rates started to be lowered in August 2019 and the money supply started to accelerate upward.</p><p><img src=\"https://static.tigerbbs.com/4b8bb00b5e7614aa6767abf974c06357\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>The Money Supply Is Contracting</b></p><p>Since January, the money stock has declined by almost 3%. That might not seem like a lot, but in the last twelve years, outside the last seven months, the money stock has hardly ever decreased at all. You have to go all the way back to 1995, 27 years ago, to find a decrease of at least 3% in the Real M2 Money Stock. If some part of Apple&#39;s ability to grow net income is tied to money supply growth, I would expect a contraction in net income to start showing up on Apple&#39;s books sometime soon.</p><p><b>Peer Stocks Aren&#39;t Waiting For Apple</b></p><p>Comparing total return over the last eight years for the four American companies that have a market cap north of a trillion dollars, Apple, Microsoft, Google, and Amazon, reveals that all of these behemoths may respond, to some degree, to a change in the real money stock. Although some companies compared below might outperform others over time, they tend to move in roughly the same direction.</p><p><img src=\"https://static.tigerbbs.com/086832380f269b21a2fd83d8cc9d4139\" tg-width=\"1280\" tg-height=\"443\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Charted below is a comparison of the total return, as a percent change, for those big four companies, AAPL, MSFT, GOOG, and AMZN, over the last eight months. While three of the four companies have closely tracked lower, Apple seems determined to go its own way. Are investors wrong about three companies and right about one, or wrong about one company and right about the other three? Or is Apple actually in the process of differentiating itself from its peers?</p><p><img src=\"https://static.tigerbbs.com/c94585746919c5467bda08f0283ff58c\" tg-width=\"1280\" tg-height=\"443\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Macro Considerations</b></p><p>Chairman of the Federal Reserve, Jerome Powell, recently suggested that the Fed is deeply committed to fighting the high inflation we are currently experiencing in the US. To do this, I think they will have to continue to bring the money stock lower. Based on the research presented in this article, I believe that possibility poses a risk to Apple&#39;s profitability.</p><p><b>Modeling Growth</b></p><p>Consider the two-year period of time leading up to 9/26/2020. Net income in that stretch actually <i>contracted</i> 3.56%, despite three separate iPhone model launches contributing to Apple&#39;s revenue, each offering a variety of device versions with diverse features and across a range of price points.</p><p><img src=\"https://static.tigerbbs.com/d64c5fd4e8e04894d00c02d07c82a81d\" tg-width=\"1280\" tg-height=\"443\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>And if you look further back, at the <i>five</i> years preceding 9/26/2020, net income only grew a paltry 7.52%. Remember, this is Apple we&#39;re talking about across a five-year window. If you thought Apple would grow net income by 7.52% over the coming five years, would you be excited about buying shares at the current P/E GAAP of almost 24?</p><p><img src=\"https://static.tigerbbs.com/b118c3060735a60824a74f03f86a2568\" tg-width=\"1280\" tg-height=\"443\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>I think Apple could easily return to a period of net income growth that was similar to what it realized leading up to the pandemic. Given high inflation and the Fed&#39;s stated resolve to fight it, I just don&#39;t think Apple is likely to enjoy any time soon the kinds of conditions that facilitated an enormous 77.55% rise in net income over just a year and a half. In addition to a contracting money supply, I suspect that Apple&#39;s large market cap and general declining smartphone demand will act to suppress growth.</p><p><b>Risks</b></p><p>If services growth continues to climb higher, it could support Apple&#39;s profit margins and give the company the flexibility to lower prices on their devices. That, in turn, might allow Apple to better compete for a broader customer demographic and adapt to changing economic conditions that grow out of a shrinking money supply. If you hold shares of AAPL in a stock account that isn&#39;t tax-advantaged, it&#39;s possible that whatever risk you might be able to offload by selling AAPL won&#39;t make up for what is lost when you have to pay capital gains on your sale.</p><p>It&#39;s also worth noting that Warren Buffett really likes Apple, which comprises around42%of Berkshire Hathaway&#39;s (BRK.A) (BRK.B) portfolio. Buffett likes to hold onto companies for a long time, and even added to his already lopsided AAPL bet in Q1, 2022.</p><p><b>Conclusion</b></p><p>Companies can&#39;t grow infinitely larger. With a market cap near 2.4 trillion dollars, there is a lot that has to go right for Apple to continue growing at a meaningful rate. There are only so many people in the world with enough cash, enough internet access, enough electricity, and enough interest to buy the next iPhone. Google search trends for the term “iPhone” reveal a long and steady decline in interest, and shows a similar trend measuring searches for “iPad”. If the recent burst in profitability was tied to a rare bump in the money stock, Apple could be in danger of returning to a slower growth, lower margin, and lower net income environment. Share buybacks, it would follow, could dry up or slow down considerably.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Be Squeezed By Falling Money Supply</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\">\nApple Could Be Squeezed By Falling Money Supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-13 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4522849-apple-could-be-squeezed-by-falling-money-supply?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple seems sensitive to money supply changes.The money supply has moved lower recently.Recent comments from the Federal Reserve suggest the money supply could continue to fall.Mega-cap stocks ...</p>\n\n<a href=\"https://seekingalpha.com/article/4522849-apple-could-be-squeezed-by-falling-money-supply?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4522849-apple-could-be-squeezed-by-falling-money-supply?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183317786","content_text":"SummaryApple seems sensitive to money supply changes.The money supply has moved lower recently.Recent comments from the Federal Reserve suggest the money supply could continue to fall.Mega-cap stocks moved lower over the last eight months, while AAPL has resisted declining in line with its peers.An Ominous Sign Emerges From Recent Money Stock ChangesApple's (NASDAQ:AAPL) profitability seems to respond to changes in the Real M2 Money Stock. With that data series moving steadily lower over the last seven months, I find myself wondering if Apple's business is close to a decline as well. It's hard to recommend outright shorting Apple, given their track record, but investors might consider reducing their positions if they are currently holding AAPL shares.Apple Seems Sensitive To The Money SupplyBelow, in orange, is a line that charts Apple's net income from 2010 to the present time. The overlaid green line shows the change in Real M2 Money Stock over the same twelve-year timeframe.Seeking Alpha, Federal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M2REAL, July 9, 2022.Comparing Apple's total return to the same Real M2 Money Stock change over the last twelve years shows a similar trend. That isn't a surprising thing to observe: Apple has used profits to aggressively buy back shares starting in 2013.Seeking Alpha, Federal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; Real M2 Money Stock, July 9, 2022.Below is a chart of Apple's revenue over the last five years, followed by the money stock over the same period.Seeking AlphaFederal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M2REAL, July 11, 2022.Before 2020, the last time the money stock jumped sharply higher was in the fall of 2008. Below is a graph that shows Apple's gross profit margin in 2008 and 2009 and one that shows net income in the same stretch, followed by the Real M2 Money Stock across the same timeframe.Seeking AlphaSeeking AlphaFederal Reserve Bank of St. Louis, Real M2 Money Stock [M2REAL], retrieved from FRED, Federal Reserve Bank of St. Louis; Real M2 Money Stock, July 11, 2022.The money stock jumped by about 10.5% from Q3 2008 to Q2 2009. Apple's net income grew about 21% per quarter in that span. In the two years leading up to Q3 2008, Apple grew net income by about 12% per quarter, while the money stock increased less than 5% over that stretch.Apple's Profit Margin Could Retreat From The Recent High WatermarkSeeking AlphaDiscussing recent high profit margins, an article posted to Forbes.com on February 3rd, 2021 suggested 1) that high revenues (at the time) helped Apple minimize the fixed costs that go into making an iPhone, 2) that Apple was more successful in convincing customers to buy the pro version of their devices, and 3) that growth in services revenue further absorbed fixed costs. I wanted to dig deeper into those suggestions.Apple's total revenue over the last twelve years, charted below, moves somewhat sympathetically to gross profit margin at times but, to my eye, that relationship is hard to see with confidence.Seeking AlphaAccording tobacklinko.com, the iPhone 12 outsold the second most popular model, however, if you combine iPhone Pro Max and iPhone Pro sales numbers, the high-end phones outsold the iPhone 12 by 50%. Information sourced from 9to5mac.com confirms that the dynamic of buying the more expensive model was a change compared to the iPhone 11 launch, where the baseline model outsold the pro models.Higher services hit a record in Q1 2021. It's intuitive to recognize that services revenue growth diminishes the fixed cost of designing the systems that support that arm of Apple's business. It doesn't cost Apple anything to sell an additional digital book, mp3, or app subscription. With a burst of new customers introduced to the Apple ecosystem during the pandemic, it logically follows that services would see a boost.My independent checks of the claims made in the Forbes article lead me to believe that higher margins in 2020 and early 2021 were mostly a function of 1) selling pro versions of the devices Apple released and 2) growing services revenue. According to macrumors.com, the iPhone 13 is currently outselling the pro models, similar to the sales dynamic of the iPhone 11 launch. Although services revenue growth may offset the hit to margins that could come from cheaper models regaining popularity, this dynamic suggests to me that Apple's gross profit margins are likely to move lower.Apple Stock Jumped When Interest Rates Started DroppingAn article by Hunkar Ozyasaron Zacks.com notes,“Stock prices tend to move higher when the money supply in an economy is high. Plenty of money circulating in the economy both makes more money available to invest in stocks and also makes alternative investment instruments, such as bonds, less attractive.”From my perspective, Apple has become especially sensitive to money supply changes. Below is a graph that compares the total return for Apple against that of the S&P 500. Apple struggled to keep pace for years, and then began jumping higher, just as interest rates started to be lowered in August 2019 and the money supply started to accelerate upward.Seeking AlphaThe Money Supply Is ContractingSince January, the money stock has declined by almost 3%. That might not seem like a lot, but in the last twelve years, outside the last seven months, the money stock has hardly ever decreased at all. You have to go all the way back to 1995, 27 years ago, to find a decrease of at least 3% in the Real M2 Money Stock. If some part of Apple's ability to grow net income is tied to money supply growth, I would expect a contraction in net income to start showing up on Apple's books sometime soon.Peer Stocks Aren't Waiting For AppleComparing total return over the last eight years for the four American companies that have a market cap north of a trillion dollars, Apple, Microsoft, Google, and Amazon, reveals that all of these behemoths may respond, to some degree, to a change in the real money stock. Although some companies compared below might outperform others over time, they tend to move in roughly the same direction.Seeking AlphaCharted below is a comparison of the total return, as a percent change, for those big four companies, AAPL, MSFT, GOOG, and AMZN, over the last eight months. While three of the four companies have closely tracked lower, Apple seems determined to go its own way. Are investors wrong about three companies and right about one, or wrong about one company and right about the other three? Or is Apple actually in the process of differentiating itself from its peers?Seeking AlphaMacro ConsiderationsChairman of the Federal Reserve, Jerome Powell, recently suggested that the Fed is deeply committed to fighting the high inflation we are currently experiencing in the US. To do this, I think they will have to continue to bring the money stock lower. Based on the research presented in this article, I believe that possibility poses a risk to Apple's profitability.Modeling GrowthConsider the two-year period of time leading up to 9/26/2020. Net income in that stretch actually contracted 3.56%, despite three separate iPhone model launches contributing to Apple's revenue, each offering a variety of device versions with diverse features and across a range of price points.Seeking AlphaAnd if you look further back, at the five years preceding 9/26/2020, net income only grew a paltry 7.52%. Remember, this is Apple we're talking about across a five-year window. If you thought Apple would grow net income by 7.52% over the coming five years, would you be excited about buying shares at the current P/E GAAP of almost 24?Seeking AlphaI think Apple could easily return to a period of net income growth that was similar to what it realized leading up to the pandemic. Given high inflation and the Fed's stated resolve to fight it, I just don't think Apple is likely to enjoy any time soon the kinds of conditions that facilitated an enormous 77.55% rise in net income over just a year and a half. In addition to a contracting money supply, I suspect that Apple's large market cap and general declining smartphone demand will act to suppress growth.RisksIf services growth continues to climb higher, it could support Apple's profit margins and give the company the flexibility to lower prices on their devices. That, in turn, might allow Apple to better compete for a broader customer demographic and adapt to changing economic conditions that grow out of a shrinking money supply. If you hold shares of AAPL in a stock account that isn't tax-advantaged, it's possible that whatever risk you might be able to offload by selling AAPL won't make up for what is lost when you have to pay capital gains on your sale.It's also worth noting that Warren Buffett really likes Apple, which comprises around42%of Berkshire Hathaway's (BRK.A) (BRK.B) portfolio. Buffett likes to hold onto companies for a long time, and even added to his already lopsided AAPL bet in Q1, 2022.ConclusionCompanies can't grow infinitely larger. With a market cap near 2.4 trillion dollars, there is a lot that has to go right for Apple to continue growing at a meaningful rate. There are only so many people in the world with enough cash, enough internet access, enough electricity, and enough interest to buy the next iPhone. Google search trends for the term “iPhone” reveal a long and steady decline in interest, and shows a similar trend measuring searches for “iPad”. If the recent burst in profitability was tied to a rare bump in the money stock, Apple could be in danger of returning to a slower growth, lower margin, and lower net income environment. Share buybacks, it would follow, could dry up or slow down considerably.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076984519,"gmtCreate":1657772472932,"gmtModify":1676536060090,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Uninterested article as there is no explanation provided for such price targets adjustments.","listText":"Uninterested article as there is no explanation provided for such price targets adjustments.","text":"Uninterested article as there is no explanation provided for such price targets adjustments.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076984519","repostId":"1120130783","repostType":4,"isVote":1,"tweetType":1,"viewCount":2742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076985410,"gmtCreate":1657772285330,"gmtModify":1676536060067,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Not bad at all. And it's just for this quarter. Now the real ennemy is Singapore multi-dependencies to other commodities and the inflation, the latter being quite reasonable (compared to other countries like USA)... for the moment.","listText":"Not bad at all. And it's just for this quarter. Now the real ennemy is Singapore multi-dependencies to other commodities and the inflation, the latter being quite reasonable (compared to other countries like USA)... for the moment.","text":"Not bad at all. And it's just for this quarter. Now the real ennemy is Singapore multi-dependencies to other commodities and the inflation, the latter being quite reasonable (compared to other countries like USA)... for the moment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076985410","repostId":"2251198412","repostType":4,"repost":{"id":"2251198412","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1657765026,"share":"https://ttm.financial/m/news/2251198412?lang=en_US&edition=fundamental","pubTime":"2022-07-14 10:17","market":"sg","language":"en","title":"Singapore Q2 GDP Rises 4.8% Y/Y, Missing Forecasts","url":"https://stock-news.laohu8.com/highlight/detail?id=2251198412","media":"Reuters","summary":"SINGAPORE, July 14 (Reuters) - Singapore's economy grew 4.8% in the second quarter, missing forecast","content":"<html><head></head><body><p>SINGAPORE, July 14 (Reuters) - Singapore&#39;s economy grew 4.8% in the second quarter, missing forecasts, preliminary data showed on Thursday.</p><p>Economists polled by Reuters had expected an increase of 5.2% year-on-year for the second quarter.</p><p>On a quarter-on-quarter seasonally adjusted basis, GDP was unchanged in April-July, according to advance estimates from the Ministry of Trade and Industry.</p><p>Singapore has eased most of its COVID-19 local and travel restrictions since early April this year, supporting the economic recovery of the Asian financial hub.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Q2 GDP Rises 4.8% Y/Y, Missing Forecasts</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\">\nSingapore Q2 GDP Rises 4.8% Y/Y, Missing Forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-14 10:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, July 14 (Reuters) - Singapore&#39;s economy grew 4.8% in the second quarter, missing forecasts, preliminary data showed on Thursday.</p><p>Economists polled by Reuters had expected an increase of 5.2% year-on-year for the second quarter.</p><p>On a quarter-on-quarter seasonally adjusted basis, GDP was unchanged in April-July, according to advance estimates from the Ministry of Trade and Industry.</p><p>Singapore has eased most of its COVID-19 local and travel restrictions since early April this year, supporting the economic recovery of the Asian financial hub.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251198412","content_text":"SINGAPORE, July 14 (Reuters) - Singapore's economy grew 4.8% in the second quarter, missing forecasts, preliminary data showed on Thursday.Economists polled by Reuters had expected an increase of 5.2% year-on-year for the second quarter.On a quarter-on-quarter seasonally adjusted basis, GDP was unchanged in April-July, according to advance estimates from the Ministry of Trade and Industry.Singapore has eased most of its COVID-19 local and travel restrictions since early April this year, supporting the economic recovery of the Asian financial hub.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2619,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076982125,"gmtCreate":1657772048167,"gmtModify":1676536060029,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Another small fish who wanted to play in the shark pool and got crushed because he thought he was smarter than&nbsp;a guy like&nbsp;Warren Buffet.A bit of humility would have been appropriate rather than claiming victory too early.Now who's shouting \"Celsius, Celsius\"?","listText":"Another small fish who wanted to play in the shark pool and got crushed because he thought he was smarter than&nbsp;a guy like&nbsp;Warren Buffet.A bit of humility would have been appropriate rather than claiming victory too early.Now who's shouting \"Celsius, Celsius\"?","text":"Another small fish who wanted to play in the shark pool and got crushed because he thought he was smarter than a guy like Warren Buffet.A bit of humility would have been appropriate rather than claiming victory too early.Now who's shouting \"Celsius, Celsius\"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076982125","repostId":"1188459075","repostType":4,"isVote":1,"tweetType":1,"viewCount":2817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078076532,"gmtCreate":1657605305226,"gmtModify":1676536033685,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Again this non-sense sanctions talking. Everybody saw how \"effective\" these were, apart from destroying western people's buying powers. It will not stopRussia, but only create a more powerful block of non-aligned countries opposing the USA and their \"democratic\"&nbsp;system.","listText":"Again this non-sense sanctions talking. Everybody saw how \"effective\" these were, apart from destroying western people's buying powers. It will not stopRussia, but only create a more powerful block of non-aligned countries opposing the USA and their \"democratic\"&nbsp;system.","text":"Again this non-sense sanctions talking. Everybody saw how \"effective\" these were, apart from destroying western people's buying powers. It will not stopRussia, but only create a more powerful block of non-aligned countries opposing the USA and their \"democratic\" system.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078076532","repostId":"2250992763","repostType":4,"repost":{"id":"2250992763","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1657595098,"share":"https://ttm.financial/m/news/2250992763?lang=en_US&edition=fundamental","pubTime":"2022-07-12 11:04","market":"fut","language":"en","title":"Failure to Implement Russian Oil Price Cap Could Jack up Oil Prices -U.S. Official","url":"https://stock-news.laohu8.com/highlight/detail?id=2250992763","media":"Reuters","summary":"TOKYO, July 12 (Reuters) - The global price of oil could surge by 40% to around $140 per barrel if a","content":"<html><head></head><body><p>TOKYO, July 12 (Reuters) - The global price of oil could surge by 40% to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that would allow shipments below that price, a senior U.S. Treasury official said on Tuesday.</p><p>U.S. Treasury Secretary Janet Yellen will discuss implementation of the U.S. price cap proposal and global economic developments with Japanese Finance Minister Shunichi Suzuki when they meet later on Tuesday, the official said.</p><p>The goal was to set the price at a level that covered Russia&#39;s marginal cost of production so Moscow is incentivized to continue exporting oil, but not high enough to allow it to fund its war against Ukraine, the official said.</p><p>Japanese officials had expressed concern about the price cap being set too low, but had not rejected a potential price range of $40 to $60 per barrel outright, the official said.</p><p>Yellen is using her first trip to the Indo-Pacific region as treasury secretary to build support for the proposed price cap on Russian oil and answer nagging questions about its efficacy if India, China and others now buying cheap Russian oil don&#39;t participate.</p><p>The United States and other Group of Seven rich nations - Britain, Canada, Germany, France, Italy and Japan, along with the European Union - in June agreed to explore imposing the cap to reduce Moscow&#39;s revenues and deplete its war chest, but details are still being worked out.</p><p>As the European Union prepares to impose a phased embargo on Russian oil and ban maritime insurance for any tanker that carries Russian oil, a move expected to be matched by Britain, Yellen sees the cap as a way to keep oil flowing and avert a further price spike that could lead to a recession.</p><p><b>&#39;PRICE EXCEPTION&#39;</b></p><p>Washington has proposed a &#34;price exception&#34; that would rescind that ban on maritime insurance for orders below the agreed price to prevent millions of barrels a day of Russian oil production getting stuck due to a lack of insurance.</p><p>Treasury modeling showed that implementing the sanctions without the price exception could trigger significant increases in the price of crude oil, potentially sending it to around $140 per barrel from around $100 per barrel now, the Treasury official said.</p><p>However, there was some uncertainty about the estimates, particularly around the assumptions about the elasticity of demand for oil, the official added.</p><p>EU, British and U.S. firms account for about 90% of global oil shipping insurance and reinsurance, which would make it difficult for Russia to keep oil flowing once those sanctions took effect at the end of this year, the official said.</p><p>While some experts believe Russia, India and China could step in with sovereign insurance, Treasury officials did not share that view, the official said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Failure to Implement Russian Oil Price Cap Could Jack up Oil Prices -U.S. Official</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\">\nFailure to Implement Russian Oil Price Cap Could Jack up Oil Prices -U.S. Official\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-12 11:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>TOKYO, July 12 (Reuters) - The global price of oil could surge by 40% to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that would allow shipments below that price, a senior U.S. Treasury official said on Tuesday.</p><p>U.S. Treasury Secretary Janet Yellen will discuss implementation of the U.S. price cap proposal and global economic developments with Japanese Finance Minister Shunichi Suzuki when they meet later on Tuesday, the official said.</p><p>The goal was to set the price at a level that covered Russia&#39;s marginal cost of production so Moscow is incentivized to continue exporting oil, but not high enough to allow it to fund its war against Ukraine, the official said.</p><p>Japanese officials had expressed concern about the price cap being set too low, but had not rejected a potential price range of $40 to $60 per barrel outright, the official said.</p><p>Yellen is using her first trip to the Indo-Pacific region as treasury secretary to build support for the proposed price cap on Russian oil and answer nagging questions about its efficacy if India, China and others now buying cheap Russian oil don&#39;t participate.</p><p>The United States and other Group of Seven rich nations - Britain, Canada, Germany, France, Italy and Japan, along with the European Union - in June agreed to explore imposing the cap to reduce Moscow&#39;s revenues and deplete its war chest, but details are still being worked out.</p><p>As the European Union prepares to impose a phased embargo on Russian oil and ban maritime insurance for any tanker that carries Russian oil, a move expected to be matched by Britain, Yellen sees the cap as a way to keep oil flowing and avert a further price spike that could lead to a recession.</p><p><b>&#39;PRICE EXCEPTION&#39;</b></p><p>Washington has proposed a &#34;price exception&#34; that would rescind that ban on maritime insurance for orders below the agreed price to prevent millions of barrels a day of Russian oil production getting stuck due to a lack of insurance.</p><p>Treasury modeling showed that implementing the sanctions without the price exception could trigger significant increases in the price of crude oil, potentially sending it to around $140 per barrel from around $100 per barrel now, the Treasury official said.</p><p>However, there was some uncertainty about the estimates, particularly around the assumptions about the elasticity of demand for oil, the official added.</p><p>EU, British and U.S. firms account for about 90% of global oil shipping insurance and reinsurance, which would make it difficult for Russia to keep oil flowing once those sanctions took effect at the end of this year, the official said.</p><p>While some experts believe Russia, India and China could step in with sovereign insurance, Treasury officials did not share that view, the official said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250992763","content_text":"TOKYO, July 12 (Reuters) - The global price of oil could surge by 40% to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that would allow shipments below that price, a senior U.S. Treasury official said on Tuesday.U.S. Treasury Secretary Janet Yellen will discuss implementation of the U.S. price cap proposal and global economic developments with Japanese Finance Minister Shunichi Suzuki when they meet later on Tuesday, the official said.The goal was to set the price at a level that covered Russia's marginal cost of production so Moscow is incentivized to continue exporting oil, but not high enough to allow it to fund its war against Ukraine, the official said.Japanese officials had expressed concern about the price cap being set too low, but had not rejected a potential price range of $40 to $60 per barrel outright, the official said.Yellen is using her first trip to the Indo-Pacific region as treasury secretary to build support for the proposed price cap on Russian oil and answer nagging questions about its efficacy if India, China and others now buying cheap Russian oil don't participate.The United States and other Group of Seven rich nations - Britain, Canada, Germany, France, Italy and Japan, along with the European Union - in June agreed to explore imposing the cap to reduce Moscow's revenues and deplete its war chest, but details are still being worked out.As the European Union prepares to impose a phased embargo on Russian oil and ban maritime insurance for any tanker that carries Russian oil, a move expected to be matched by Britain, Yellen sees the cap as a way to keep oil flowing and avert a further price spike that could lead to a recession.'PRICE EXCEPTION'Washington has proposed a \"price exception\" that would rescind that ban on maritime insurance for orders below the agreed price to prevent millions of barrels a day of Russian oil production getting stuck due to a lack of insurance.Treasury modeling showed that implementing the sanctions without the price exception could trigger significant increases in the price of crude oil, potentially sending it to around $140 per barrel from around $100 per barrel now, the Treasury official said.However, there was some uncertainty about the estimates, particularly around the assumptions about the elasticity of demand for oil, the official added.EU, British and U.S. firms account for about 90% of global oil shipping insurance and reinsurance, which would make it difficult for Russia to keep oil flowing once those sanctions took effect at the end of this year, the official said.While some experts believe Russia, India and China could step in with sovereign insurance, Treasury officials did not share that view, the official said.","news_type":1,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078078972,"gmtCreate":1657605050396,"gmtModify":1676536033659,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Meanwhile, the RUB/USD&nbsp;moved from 0.8 4 months ago to 1.6 today.","listText":"Meanwhile, the RUB/USD&nbsp;moved from 0.8 4 months ago to 1.6 today.","text":"Meanwhile, the RUB/USD moved from 0.8 4 months ago to 1.6 today.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078078972","repostId":"1158622455","repostType":4,"repost":{"id":"1158622455","kind":"news","pubTimestamp":1657604069,"share":"https://ttm.financial/m/news/1158622455?lang=en_US&edition=fundamental","pubTime":"2022-07-12 13:34","market":"fut","language":"en","title":"The Exchange Rate Between the Euro and Dollar Is Nearly the Same for the First Time in 20 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1158622455","media":"CNN Business","summary":"New York (CNN Business)-For the first time in 20 years, the exchange rate between theeuro(EUU)and the US dollar is nearly the same -- the two currencies are less than one cent away from parity.The eur","content":"<html><head></head><body><p><b>New York (CNN Business) -</b> For the first time in 20 years, the exchange rate between theeuro(EUU)and the US dollar is nearly the same -- the two currencies are less than one cent away from parity.</p><p>The euro hovered around $1.004 on Monday afternoon, down about 12% since the start of the year. Fears of recession on the continent abound, stoked by high inflation and energy supply uncertainty caused by Russia - Ukraine war.</p><p>The European Union, which received roughly 40% of its gas through Russian pipelines before the war, is attempting to reduce its dependence on Russian oil and gas. At the same, Russia has throttled back gas supplies to some EU countries and recently cut the flow in the Nord Stream pipeline to Germany by 60%.</p><p>Now that critical piece of gas import infrastructure in Europe, has been shut down for scheduled maintenance due to last 10 days. German officials fear that it may not be turned on again.</p><p>The energy crisis comes alongside an economic slowdown, which has cast doubts over whether the European Central Bank can adequately tighten policy to bring down inflation. The ECB announced that it will hike interest rates this month for the first time since 2011, as the eurozone inflation rate sits at 8.6%.</p><p>But some say the ECB is far behind the curve, and that a hard landing is all but inevitable. Germany recorded its first trade deficit in goods since 1991 last week as fuel prices and general supply chain chaos significantly increased the price of imports.</p><p>&#34;Given the nature of Germany&#39;s exports which are commodity-price sensitive, it remains hard to imagine that the trade balance could improve significantly from here in the next few months given the expected slowdown in the Eurozone economy,&#34; Saxo Bank foreign exchange strategists wrote in a recent note.</p><p>A series of aggressive interest rate hikes by central banks, including the Fed, coupled with slowing economic growth will keep pressure on the euro while sending investors toward the US dollar as a safe haven, say analysts.</p><p>The US Federal Reserve is well ahead of Europe on tightening, having hiked interest rates by 75 basis points while indicating that more rate increases will come this month.</p><p>This safe haven retreat into the US dollar could become even more extreme if Europe and the US enters a recession, warned Deutsche Global Head of FX Research George Saravelos in a note last week.</p><p>A situation where the euro is trading below the US dollar at a range of $0.95 to $0.97 could &#34;well be reached,&#34; wrote Saravelos, &#34;if both Europe and the US find themselves slip-sliding in to a (deeper) recession in Q3 while the Fed is still hiking rates.&#34;</p><p>That&#39;s good news for Americans with plans to visit Europe this summer but could spell bad news for economic global stability.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Exchange Rate Between the Euro and Dollar Is Nearly the Same for the First Time in 20 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Exchange Rate Between the Euro and Dollar Is Nearly the Same for the First Time in 20 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-12 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2022/07/11/investing/euro-dollar-parity/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - For the first time in 20 years, the exchange rate between theeuro(EUU)and the US dollar is nearly the same -- the two currencies are less than one cent away from parity.The ...</p>\n\n<a href=\"https://edition.cnn.com/2022/07/11/investing/euro-dollar-parity/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2022/07/11/investing/euro-dollar-parity/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158622455","content_text":"New York (CNN Business) - For the first time in 20 years, the exchange rate between theeuro(EUU)and the US dollar is nearly the same -- the two currencies are less than one cent away from parity.The euro hovered around $1.004 on Monday afternoon, down about 12% since the start of the year. Fears of recession on the continent abound, stoked by high inflation and energy supply uncertainty caused by Russia - Ukraine war.The European Union, which received roughly 40% of its gas through Russian pipelines before the war, is attempting to reduce its dependence on Russian oil and gas. At the same, Russia has throttled back gas supplies to some EU countries and recently cut the flow in the Nord Stream pipeline to Germany by 60%.Now that critical piece of gas import infrastructure in Europe, has been shut down for scheduled maintenance due to last 10 days. German officials fear that it may not be turned on again.The energy crisis comes alongside an economic slowdown, which has cast doubts over whether the European Central Bank can adequately tighten policy to bring down inflation. The ECB announced that it will hike interest rates this month for the first time since 2011, as the eurozone inflation rate sits at 8.6%.But some say the ECB is far behind the curve, and that a hard landing is all but inevitable. Germany recorded its first trade deficit in goods since 1991 last week as fuel prices and general supply chain chaos significantly increased the price of imports.\"Given the nature of Germany's exports which are commodity-price sensitive, it remains hard to imagine that the trade balance could improve significantly from here in the next few months given the expected slowdown in the Eurozone economy,\" Saxo Bank foreign exchange strategists wrote in a recent note.A series of aggressive interest rate hikes by central banks, including the Fed, coupled with slowing economic growth will keep pressure on the euro while sending investors toward the US dollar as a safe haven, say analysts.The US Federal Reserve is well ahead of Europe on tightening, having hiked interest rates by 75 basis points while indicating that more rate increases will come this month.This safe haven retreat into the US dollar could become even more extreme if Europe and the US enters a recession, warned Deutsche Global Head of FX Research George Saravelos in a note last week.A situation where the euro is trading below the US dollar at a range of $0.95 to $0.97 could \"well be reached,\" wrote Saravelos, \"if both Europe and the US find themselves slip-sliding in to a (deeper) recession in Q3 while the Fed is still hiking rates.\"That's good news for Americans with plans to visit Europe this summer but could spell bad news for economic global stability.","news_type":1,"symbols_score_info":{"GDUmain":0.9,"EURindex.FOREX":0.9,"GEmain":0.9,"MEUR2209":0.9,"USDindexmain":0.9,"EURmain":0.9,"USDEUR.FOREX":0.9}},"isVote":1,"tweetType":1,"viewCount":2376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869555168,"gmtCreate":1632308741754,"gmtModify":1676530748413,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Not sure between MacDonald and Starbucks….","listText":"Not sure between MacDonald and Starbucks….","text":"Not sure between MacDonald and Starbucks….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/869555168","repostId":"2169656152","repostType":4,"isVote":1,"tweetType":1,"viewCount":3793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884916122,"gmtCreate":1631845731966,"gmtModify":1676530651194,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Quoting Warren Buffet:“Never invest in a business you cannot understand”.The same applies for short selling and other risky strategies.","listText":"Quoting Warren Buffet:“Never invest in a business you cannot understand”.The same applies for short selling and other risky strategies.","text":"Quoting Warren Buffet:“Never invest in a business you cannot understand”.The same applies for short selling and other risky strategies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/884916122","repostId":"2167599164","repostType":4,"repost":{"id":"2167599164","kind":"highlight","pubTimestamp":1631777665,"share":"https://ttm.financial/m/news/2167599164?lang=en_US&edition=fundamental","pubTime":"2021-09-16 15:34","market":"us","language":"en","title":"Short-selling stocks -- and trying to play short squeezes -- can be very dangerous","url":"https://stock-news.laohu8.com/highlight/detail?id=2167599164","media":"MarketWatch","summary":"How this type of high-stakes trading can influence stock prices\nIt's easy to follow and online tradi","content":"<p>How this type of high-stakes trading can influence stock prices</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2a0fe9f473bd854010152ae460a3ae3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>It's easy to follow and online trading fad using your phone - and just as easy to lose a lot of money.</span></p>\n<p>Investing and trading are two completely different activities. If you are new to either or haven't delved into the mechanics of short-selling, it's important to understand how this type of high-stakes trading can influence stock prices, even if you have no intention of doing it yourself.</p>\n<p>Shorting a stock is one of the riskiest things you can do as an investor. But the meme-stock craze -- essentially playing the other side of short trades -- can be nearly as risky because of the wild swings in share prices.</p>\n<p>First, some definitions. In this article, investing means buying something and holding it, hoping that it goes up in value, that it provides income or both. Trading is buying and selling frequently to book gains.</p>\n<p>If you buy a stock, you have only risked the amount you invested. The stock can go to zero and you can lose 100% of the money you invested.</p>\n<p>If you short-sell a stock, you are betting that the price will go down and there is no limit on your potential losses if the share price rises unexpectedly. This is not to say your loss potential is unlimited -- your broker will limit your losses by demanding more collateral to ensure you can cover those losses.</p>\n<p><b>The mechanics of shorting a stock</b></p>\n<p>Short-selling a stock is when you borrow shares of a company and sell them immediately because you expect the price to drop, after which you can repurchase the shares, return them to the lender and pocket the difference. It is a specialized strategy for some professional investors and traders but for individuals, it can be very risky and for more than one reason.</p>\n<p>Some professionals have profited from highly publicized bets against companies they felt were in poor financial condition. Some have even alleged that corporate management teams have misled investors through inflated claims about their products or services.</p>\n<p>For example, shortseller Hindenburg Research's claims that Lordstown Motors&nbsp;had overstated the success of internal efforts to develop battery and fuel-cell capacity for electric trucks helped lead to a federal indictment against its founder, Trevor Milton, and the stock plunged.</p>\n<p>The above definition of short-selling is simple, but the devil is in the details, which will follow after some more definitions:</p>\n<p>Having a long position in a stock means you own the shares and expect (or hope) they go up in price.</p>\n<p>Covering is when someone with a short position buys back the shares, to end the short trade and return them to the seller. The short-seller hopes to cover after the share price declines and book a profit. But the short-seller may also cover to limit losses if the price has gone up.</p>\n<p>Margin is the amount of money an investor (or trader) has borrowed from their broker. You can set up a margin account with your broker to buy shares essentially on credit as well as to short a stock, in both cases with a limit set by the broker. If you are betting that the stock price will go down but it instead goes up, you may need to put up more collateral to maintain the agreed-upon margin. Otherwise the broker will begin selling your securities.</p>\n<p>This brings us to our final definition: A short squeeze takes place when many investors looking to cover short positions start buying a stock at the same time. The resulting feeding frenzy pushes the share price higher, compelling more traders with short positions to cover, and so on. This can happen to any trader, and if you have a large portion of your risk concentrated in one short position, you can lose your shirt.</p>\n<p><b>Shorting is best left to the professionals</b></p>\n<p>One reason why the deck is stacked against an individual short-seller is that they cannot mitigate their risk by offsetting a large number of short positions with a large number of long positions.</p>\n<p>A professional short-seller might have dozens of long positions offsetting a large number of short positions -- both based on their own extensive research. They expect to get some trades wrong, but with the risk spread out, as well as their own triggers for when to cover, the overall risk to the pro manager from any one short squeeze may be relatively small.</p>\n<p>And if you short a stock, there is the risk of a slow (or fast) bleed as you wait for a stock to go down enough for you to make your desired profit. For example, at one point in August 2021, shares of electric vehicle manufacturer Workhorse Group&nbsp;were 35.81% sold-short according to FactSet.</p>\n<p>At that time, it cost 6% annually to borrow shares of Workhorse from a broker, according to one portfolio manager. That may not seem to be very much, but if that stock had gone up after you shorted it say, 14%, then you would be paying 20% a year for the privilege of making a risky trade.</p>\n<p><b>Trying to time short-squeezes -- the meme-stock craze</b></p>\n<p>Let's turn to a real example of short-selling and short squeezes. Professional traders had been shorting shares of videogame retailer GameStop&nbsp;and cinema operator AMC Entertainment&nbsp;because they didn't think the businesses had much of a future. But shares of both shot up in early 2021 because of short squeezes, which some traders posting in Reddit's WallStreetBets channel portrayed as a class struggle against hedge funds that had shorted the stocks. These so-called meme stocks have remained well above their pre-short-squeeze levels.</p>\n<p>Short interest in GameStop was higher than 100% through most of January, according to data provided by FactSet. Short interest in AMC Entertainment reached 57.81%.</p>\n<p>Pros consider short interest above 30% to 40% to be dangerously high. Not only do high short percentages make it very expensive to borrow the shares but they create hair triggers for short squeezes. And that's what happened, with shares of both GameStop and AMC Entertainment going on roller-coaster rides.</p>\n<p>To be sure, the squeezes worked for traders who got in and out at the right times. It wasn't so neat for others. This chart shows GameStop's stock price for the first eight months of 2021.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817e6cd2941b0510d18a938d2d34145e\" tg-width=\"700\" tg-height=\"600\" referrerpolicy=\"no-referrer\"><span>FACTSET</span></p>\n<p>The share of short interest for both stocks has since fallen sharply, making another short squeeze far less likely. The business prospects for both continue to look poor, especially relative to the broader stock market. Then again, both companies have taken advantage of the new interest among traders by issuing more shares to raise cash that could enable them to transform their businesses into healthier models.</p>\n<p>The bottom line is that shorting individual stocks can be very risky. If you cut this risk by shorting many stocks for particular reasons while offsetting those shorts with long positions and monitoring all positions continually, you won't have time for much else -- you will be a professional trader.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Short-selling stocks -- and trying to play short squeezes -- can be very dangerous</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\">\nShort-selling stocks -- and trying to play short squeezes -- can be very dangerous\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 15:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/short-selling-stocks-and-trying-to-play-short-squeezes-can-be-very-dangerous-11631716710?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>How this type of high-stakes trading can influence stock prices\nIt's easy to follow and online trading fad using your phone - and just as easy to lose a lot of money.\nInvesting and trading are two ...</p>\n\n<a href=\"https://www.marketwatch.com/story/short-selling-stocks-and-trying-to-play-short-squeezes-can-be-very-dangerous-11631716710?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","GME":"游戏驿站","WKHS":"Workhorse Group, Inc.",".SPX":"S&P 500 Index",".DJI":"道琼斯","AMC":"AMC院线"},"source_url":"https://www.marketwatch.com/story/short-selling-stocks-and-trying-to-play-short-squeezes-can-be-very-dangerous-11631716710?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167599164","content_text":"How this type of high-stakes trading can influence stock prices\nIt's easy to follow and online trading fad using your phone - and just as easy to lose a lot of money.\nInvesting and trading are two completely different activities. If you are new to either or haven't delved into the mechanics of short-selling, it's important to understand how this type of high-stakes trading can influence stock prices, even if you have no intention of doing it yourself.\nShorting a stock is one of the riskiest things you can do as an investor. But the meme-stock craze -- essentially playing the other side of short trades -- can be nearly as risky because of the wild swings in share prices.\nFirst, some definitions. In this article, investing means buying something and holding it, hoping that it goes up in value, that it provides income or both. Trading is buying and selling frequently to book gains.\nIf you buy a stock, you have only risked the amount you invested. The stock can go to zero and you can lose 100% of the money you invested.\nIf you short-sell a stock, you are betting that the price will go down and there is no limit on your potential losses if the share price rises unexpectedly. This is not to say your loss potential is unlimited -- your broker will limit your losses by demanding more collateral to ensure you can cover those losses.\nThe mechanics of shorting a stock\nShort-selling a stock is when you borrow shares of a company and sell them immediately because you expect the price to drop, after which you can repurchase the shares, return them to the lender and pocket the difference. It is a specialized strategy for some professional investors and traders but for individuals, it can be very risky and for more than one reason.\nSome professionals have profited from highly publicized bets against companies they felt were in poor financial condition. Some have even alleged that corporate management teams have misled investors through inflated claims about their products or services.\nFor example, shortseller Hindenburg Research's claims that Lordstown Motors had overstated the success of internal efforts to develop battery and fuel-cell capacity for electric trucks helped lead to a federal indictment against its founder, Trevor Milton, and the stock plunged.\nThe above definition of short-selling is simple, but the devil is in the details, which will follow after some more definitions:\nHaving a long position in a stock means you own the shares and expect (or hope) they go up in price.\nCovering is when someone with a short position buys back the shares, to end the short trade and return them to the seller. The short-seller hopes to cover after the share price declines and book a profit. But the short-seller may also cover to limit losses if the price has gone up.\nMargin is the amount of money an investor (or trader) has borrowed from their broker. You can set up a margin account with your broker to buy shares essentially on credit as well as to short a stock, in both cases with a limit set by the broker. If you are betting that the stock price will go down but it instead goes up, you may need to put up more collateral to maintain the agreed-upon margin. Otherwise the broker will begin selling your securities.\nThis brings us to our final definition: A short squeeze takes place when many investors looking to cover short positions start buying a stock at the same time. The resulting feeding frenzy pushes the share price higher, compelling more traders with short positions to cover, and so on. This can happen to any trader, and if you have a large portion of your risk concentrated in one short position, you can lose your shirt.\nShorting is best left to the professionals\nOne reason why the deck is stacked against an individual short-seller is that they cannot mitigate their risk by offsetting a large number of short positions with a large number of long positions.\nA professional short-seller might have dozens of long positions offsetting a large number of short positions -- both based on their own extensive research. They expect to get some trades wrong, but with the risk spread out, as well as their own triggers for when to cover, the overall risk to the pro manager from any one short squeeze may be relatively small.\nAnd if you short a stock, there is the risk of a slow (or fast) bleed as you wait for a stock to go down enough for you to make your desired profit. For example, at one point in August 2021, shares of electric vehicle manufacturer Workhorse Group were 35.81% sold-short according to FactSet.\nAt that time, it cost 6% annually to borrow shares of Workhorse from a broker, according to one portfolio manager. That may not seem to be very much, but if that stock had gone up after you shorted it say, 14%, then you would be paying 20% a year for the privilege of making a risky trade.\nTrying to time short-squeezes -- the meme-stock craze\nLet's turn to a real example of short-selling and short squeezes. Professional traders had been shorting shares of videogame retailer GameStop and cinema operator AMC Entertainment because they didn't think the businesses had much of a future. But shares of both shot up in early 2021 because of short squeezes, which some traders posting in Reddit's WallStreetBets channel portrayed as a class struggle against hedge funds that had shorted the stocks. These so-called meme stocks have remained well above their pre-short-squeeze levels.\nShort interest in GameStop was higher than 100% through most of January, according to data provided by FactSet. Short interest in AMC Entertainment reached 57.81%.\nPros consider short interest above 30% to 40% to be dangerously high. Not only do high short percentages make it very expensive to borrow the shares but they create hair triggers for short squeezes. And that's what happened, with shares of both GameStop and AMC Entertainment going on roller-coaster rides.\nTo be sure, the squeezes worked for traders who got in and out at the right times. It wasn't so neat for others. This chart shows GameStop's stock price for the first eight months of 2021.\nFACTSET\nThe share of short interest for both stocks has since fallen sharply, making another short squeeze far less likely. The business prospects for both continue to look poor, especially relative to the broader stock market. Then again, both companies have taken advantage of the new interest among traders by issuing more shares to raise cash that could enable them to transform their businesses into healthier models.\nThe bottom line is that shorting individual stocks can be very risky. If you cut this risk by shorting many stocks for particular reasons while offsetting those shorts with long positions and monitoring all positions continually, you won't have time for much else -- you will be a professional trader.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"RIDE":0.9,"AMC":0.9,"GME":0.9,".SPX":0.9,"WKHS":0.9}},"isVote":1,"tweetType":1,"viewCount":3565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886260934,"gmtCreate":1631595452728,"gmtModify":1676530585470,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Lots of&nbsp;common sense here. I can only agree, except perhaps for the cash-vs-reinvestment plan part.It makes sense to cash out dividens&nbsp;if you are willing to spend time to trade/retrade but for other investors who seek for long-term investment,&nbsp;a DRIP (Dividend ReInvestment Plan) can be valuable.","listText":"Lots of&nbsp;common sense here. I can only agree, except perhaps for the cash-vs-reinvestment plan part.It makes sense to cash out dividens&nbsp;if you are willing to spend time to trade/retrade but for other investors who seek for long-term investment,&nbsp;a DRIP (Dividend ReInvestment Plan) can be valuable.","text":"Lots of common sense here. I can only agree, except perhaps for the cash-vs-reinvestment plan part.It makes sense to cash out dividens if you are willing to spend time to trade/retrade but for other investors who seek for long-term investment, a DRIP (Dividend ReInvestment Plan) can be valuable.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886260934","repostId":"2166303725","repostType":4,"isVote":1,"tweetType":1,"viewCount":3280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817879054,"gmtCreate":1630935844578,"gmtModify":1676530424244,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Wanting is one thing…. But creating a competitive one is an different thing. It’s&nbsp;interesting to see what these players will come with.","listText":"Wanting is one thing…. But creating a competitive one is an different thing. It’s&nbsp;interesting to see what these players will come with.","text":"Wanting is one thing…. But creating a competitive one is an different thing. It’s interesting to see what these players will come with.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/817879054","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":1419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814218654,"gmtCreate":1630822444278,"gmtModify":1676530401846,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"There will be correction, of course. But that should not be a reason to&nbsp;prevent investors buying&nbsp;ETF toreplicate the performance of S&amp;P 500 and rely on compound interests.Remember that bearish markes&nbsp;last less longer&nbsp;than bullish ones.","listText":"There will be correction, of course. But that should not be a reason to&nbsp;prevent investors buying&nbsp;ETF toreplicate the performance of S&amp;P 500 and rely on compound interests.Remember that bearish markes&nbsp;last less longer&nbsp;than bullish ones.","text":"There will be correction, of course. But that should not be a reason to prevent investors buying ETF toreplicate the performance of S&P 500 and rely on compound interests.Remember that bearish markes last less longer than bullish ones.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/814218654","repostId":"1168498795","repostType":4,"repost":{"id":"1168498795","kind":"news","pubTimestamp":1630655991,"share":"https://ttm.financial/m/news/1168498795?lang=en_US&edition=fundamental","pubTime":"2021-09-03 15:59","market":"us","language":"en","title":"Speak No Evil of the S&P 500’s Neverending Records","url":"https://stock-news.laohu8.com/highlight/detail?id=1168498795","media":"The Wall Street Journal","summary":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the ch","content":"<blockquote>\n <b>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.</b>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/6573eb955692f754acc1285622febd53\" tg-width=\"878\" tg-height=\"520\" width=\"100%\" height=\"auto\">The S&amp;P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.</p>\n<p>Some things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.</p>\n<p>On the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.</p>\n<p>Throughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.</p>\n<p>It is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.</p>\n<p>Similarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.</p>\n<p><img src=\"https://static.tigerbbs.com/7d8b995934c7f60fadb5834dd078e232\" tg-width=\"320\" tg-height=\"412\" width=\"100%\" height=\"auto\">Yet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&amp;P 500 is what puzzles me.</p>\n<p>The only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.</p>\n<p><img src=\"https://static.tigerbbs.com/37942e27b25662943d254580733d2954\" tg-width=\"325\" tg-height=\"413\" width=\"100%\" height=\"auto\">In both good and bad times investors want to buy stocks, so the S&amp;P goes up. But<i>which</i>stocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).</p>\n<p>The problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.</p>\n<p>A simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.</p>\n<p>Quantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.</p>\n<p>Getting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.</p>\n<p>The awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.</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>Speak No Evil of the S&P 500’s Neverending Records</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\">\nSpeak No Evil of the S&P 500’s Neverending Records\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no ...</p>\n\n<a href=\"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168498795","content_text":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.\nSome things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.\nOn the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.\nThroughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.\nIt is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.\nSimilarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.\nYet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&P 500 is what puzzles me.\nThe only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.\nIn both good and bad times investors want to buy stocks, so the S&P goes up. Butwhichstocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).\nThe problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.\nA simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.\nQuantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.\nGetting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.\nThe awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1856,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810241891,"gmtCreate":1629983885213,"gmtModify":1676530191841,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Too bad that TDAmeritrade Singapore does not allow fractional shares, except through reinvestment plan.","listText":"Too bad that TDAmeritrade Singapore does not allow fractional shares, except through reinvestment plan.","text":"Too bad that TDAmeritrade Singapore does not allow fractional shares, except through reinvestment plan.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810241891","repostId":"2162712099","repostType":4,"isVote":1,"tweetType":1,"viewCount":1172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810254450,"gmtCreate":1629983494370,"gmtModify":1676530191672,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Interesting reading… besides it is worth noting thatfees are slightly higher with QQQ (0.20%) than with VOO (0.03%).","listText":"Interesting reading… besides it is worth noting thatfees are slightly higher with QQQ (0.20%) than with VOO (0.03%).","text":"Interesting reading… besides it is worth noting thatfees are slightly higher with QQQ (0.20%) than with VOO (0.03%).","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810254450","repostId":"1177725104","repostType":4,"repost":{"id":"1177725104","kind":"news","pubTimestamp":1629977782,"share":"https://ttm.financial/m/news/1177725104?lang=en_US&edition=fundamental","pubTime":"2021-08-26 19:36","market":"us","language":"en","title":"VOO Vs QQQ: Which ETF Is The Better Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1177725104","media":"seekingalpha","summary":"Summary\n\nQQQ has out-performed VOO both since inception and over the past decade, making some invest","content":"<p><b>Summary</b></p>\n<ul>\n <li>QQQ has out-performed VOO both since inception and over the past decade, making some investors question why VOO is so much more popular among index investors.</li>\n <li>As the market keeps notching all time highs, it's informative to see how these two ETFs performed for investors who bought them at previous market peaks that preceded major crashes.</li>\n <li>The stocks held in QQQ that are excluded by VOO make up only 7% of the total value of QQQ, but each stock in QQQ has more impact.</li>\n <li>Deciding which ETF makes the better investment now requires taking a close look at the larger cap stocks held in VOO that are not part of QQQ.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be2d8be5dfceb82910788aa56be0e542\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>syahrir maulana/iStock via Getty Images</span></p>\n<p>When given the advice to invest in a \"broad stock market index\" many people immediately think that means they should buy an ETF that follows the S&amp;P 500 like the Vanguard S&amp;P 500 ETF(NYSEARCA:VOO). After all, Warren Buffett is famous for&nbsp;telling his stockholders, \"My regular recommendation has been a low-cost S&amp;P 500 index fund.\" He put his money where his mouth was, too, when he made a&nbsp;million-dollar bet&nbsp;with hedge fund managers that, over 10 years, he could beat their results with an S&amp;P 500 index fund--which he did.</p>\n<p>But when you tune into your favorite financial channel, or check the front page of any investing site, including this one, the S&amp;P 500 index is only one of the three major indexes that are always reported and give a minute by minute reading of the state of the market as a whole. The other two major indexes are the Nasdaq, which you can invest invia QQQ andthe Dow.</p>\n<p>The Dow is far from being a \"broad market index\" as it only holds 30 stocks. Most knowledgeable investors regard it as a relic of a simpler past that is reported only because of its historical importance. Though I have made a case that it is a pretty good proxy for the value and income segments of the market as a whole&nbsp;in a previous article, I would not recommend that an investor looking to buy a broad market index invest in a Dow ETF.</p>\n<p>But what about the Nasdaq, which investors usually invest in via the Invesco QQQ Trust(NASDAQ:QQQ)? The Nasdaq is also a broad market index and one that has been outperforming the S&amp;P 500 index dramatically over the past decade, as you can see in the chart below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aeab4a032f098cc8859aef4767e4726c\" tg-width=\"640\" tg-height=\"222\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>Though older investors will remember the Nasdaq's dramatic fall at the turn of this century, its dramatic rise before that collapse was strong enough that even with that collapse that it still equaled or outperformed the S&amp;P 500 index at any time since its inception in 1971.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2c417558924a2cec274aa2bfc79cd73\" tg-width=\"640\" tg-height=\"335\" width=\"100%\" height=\"auto\"><span>Source: Yahoo Finance</span></p>\n<p>Thoughwe are told not to chase performance, it's hard to argue with that kind of out-performance, especially when it rewarded investors so well. At least those who bought and held for the long-term, which is what we are also told we should do.</p>\n<p>Looking at these charts you have to ask yourself why all the academics and most investment advisors continue to recommend that index-loving investors stick with low cost indexes that follow the S&amp;P 500, rather than one that follows the Nasdaq. That is a question I have been asking myself, of late, too.</p>\n<p><b>The ETFs that Track The S&amp;P 500 and Nasdaq</b></p>\n<p>You can't buy any of these indexes directly, you have to invest in a fund or ETF that tracks that index. The largest ETF that tracks the S&amp;P 500 is the Vanguard S&amp;P 500 ETF which has 243.7 billion dollars of assets under management. At first glance, this makes it sound like VOO is smaller than the SPDR S&amp;P 500 ETF Trust(NYSEARCA:SPY), which also tracks the S&amp;P 500 index and holds&nbsp;397.27&nbsp;billion dollars worth of assets. But VOO, it turns out, is actually just a share class of a Vanguard mutual fund, The Vanguard 500 Index Fund(VFIAX). The total assets of this Vanguard fund and ETF combination are a whopping 777.3 billion dollars. This is not as surprising when you remember that the Vanguard 500 Index Fund was the very first index tracking fund and has been gathering assets since it started trading in 1976.</p>\n<p>The most common way to invest in the Nasdaq is via the Invesco QQQ Trust. Unlike VOO which invests in all the stocks in the S&amp;P 500 index, QQQ invests only in the Nasdaq index's top 100 non-financial stocks, ignoring most of the other 3,000+ stocks in the full Nasdaq index. You can read more on the details about how QQQ works in my previous article which you can findhere.</p>\n<p>In the rest of this article, I am going to try to answer some of the questions you should be asking yourself in order to decide whether VOO or QQQ would be a better investment for you right now. Historical returns are wonderful, but only if you could go back in time to do your investing. Since Tesla has not yet come up with a working time machine, we have to think critically about those past returns in order to decide if there is a good chance they will continue to repeat the same patterns.</p>\n<p><b>How Did Investors in These ETFs Do Investing at Previous Peaks?The Dot.com Peak</b></p>\n<p>Performance can be very different from what you see on graphs like those I showed you above depending on when your investment was made. Most working people scale into an investment, a bit every paycheck or two, which makes the returns shown on any chart with an arbitrary starting point misleading. Your own results can only be determined by putting your portfolio into a spreadsheet or other software tool.</p>\n<p>But given that we are currently in a situation where both indexes are at all-time highs, many investors, including highly sophisticated professionals far more knowledgeable than I am, are holding their breaths waiting for the next big correction. Some are hoping that it<i>is</i>a correction and not a full fledged crash. So the obvious question to ask, when considering these two ETFs is what has been the experience of investors who bought into them at previous market peaks that were followed by serious downturns?</p>\n<p>QQQ started trading in 1999. But the VOO ETF share class of Vanguard's 500 Index Fund did not begin trading until September of 2010, which is well after the two major market crashes that have occurred in the past two decades. Therefore, I am going to use the investors share class of the Vanguard 500 Index Fund(VFINX), which is just another share class of VOO, but was trading throughout the 1990s as a comparison to QQQ.</p>\n<p><b>Total Return of QQQ and VFINX Since Dot.com Peak</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c7d538410d7fa5e570ed0964da60bc1\" tg-width=\"640\" tg-height=\"222\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>As you can see, investors who bought into QQQ at the top of the Dot.com boom in 2000 have seriously under-performed those who bought the Vanguard 500 Index Fund at the same time. It took a very long 14 years for those QQQ investors to get back their original investment. That is a long, long time to hold any investment and it is likely most investors who did buy QQQ at its peak ended up taking heavy losses and moving on. Even now, the return of those who invested in QQQ at that peak and held still lags that of the S&amp;P 500 fund. This explains pretty well why all those advisors, and Mr. Buffett, choose the S&amp;P 500 over QQQ.</p>\n<p><b>The Financial Crisis</b></p>\n<p>From the above chart we see that the S&amp;P 500 index fund dropped more in 2008 than did QQQ. This should be no surprise when you remember that QQQ excludes the financial stocks listed in the Nasdaq index and that crash was caused by a financial crisis.</p>\n<p>So what happened to investors who invested in QQQ and VOO at the market peak that occurred before the 2008 Financial Crisis? (We are still looking at the mutual fund version of VOO here as VOO only started trading in 2010.)</p>\n<p><b>Total Return of QQQ and VFINX Since the Pre-Financial Crisis Peak</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40a06180fed25107702b5c15094730e2\" tg-width=\"640\" tg-height=\"222\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>Those investors made out like bandits. Those who invested in QQQ in 2008 came out way ahead.</p>\n<p><b>The COVID-19 Flash Crash</b></p>\n<p>Finally, let's look at what would happen if you invested in QQQ or VOO at the market peak that preceded last year's Covid-19 Flash Crash.</p>\n<p><b>Total Return of QQQ and VOO Since the Pre-COVID-19 Peak</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf3f4bbcc27c3523dba2a01641207118\" tg-width=\"640\" tg-height=\"222\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>Here again we see that VOO dipped further and recovered more slowly than did QQQ during the COVID-19 crash. Clearly something had changed between the crash in 2000 and subsequent market crashes. To get a better idea of what explains this change we need to look more closely at the actual holdings of these two ETFs.</p>\n<p><b>The Real Differences Between These Two ETFs</b></p>\n<p>The most significant difference between the holdings of the two ETFs, beyond the fact that they track different indexes is that there are five times as many stocks in VOO. This is not quite as big a deal as it might sound. That's because both of these ETFs are Market Cap Weighted in a market that has seen the emergence of a small handful of super-companies, the Mega Cap stocks, with market caps far huger than that of most other companies worldwide.</p>\n<p>The top 10 stocks in VOO make up 28.60% of its entire value. The top 10 stocks in QQQ make up 52.82% of its value. (Data as of July 31, 2021).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a41db4dde955c22625faa95ecd05ad20\" tg-width=\"613\" tg-height=\"307\" width=\"100%\" height=\"auto\"><span>Source:Seeking AlphaandVanguard.com</span></p>\n<p>As you can see those top 10 stocks in both ETFs are almost identical. Of those top 10 stocks, only Berkshire Hathaway(NYSE:BRK.A)is completely missing from QQQ. While PayPal(NASDAQ:PYPL)and Adobe(NASDAQ:ADBE)appear in QQQ's top 10 and not in VOO's, they are both still found just a few positions lower in VOO's list of holdings.</p>\n<p>It's also worth pointing out that while most people think of QQQ as being a tech ETF, and attribute its out-performance over the past decade to it being heavy in tech stocks, it also holds quite a few stocks from non-tech sectors, too.</p>\n<p><b>QQQ Holdings by Sector</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/108838a0f69e47659898bc1507eb9c87\" tg-width=\"640\" tg-height=\"170\" width=\"100%\" height=\"auto\"><span>Source:Seeking Alpha</span></p>\n<p>You must keep in mind that the only factor that unites all the stocks in QQQ is that they all are listed on the Nasdaq instead of the NYSE or some other exchange. Since the Nasdaq is a younger index, the Nasdaq by definition excludes the stocks of the many long-established major U.S. companies that have been trading uninterrupted on the NYSE since before 1971. Until the last decade, listing a new stock on the Nasdaq exchange did not have the prestige that listing on the NYSE did, and it was cheaper to list a stock on it, too, so the Nasdaq got the reputation of being the place to find start ups, even though by now some of those start ups have become the FAANGM behemoths that now dominate both QQQ and VOO.</p>\n<p><b>VOO Holds Only Profitable Companies</b></p>\n<p>Another major difference between the two indexes is that an S&amp;P committee curates the holdings of the 500 index and hence of VOO. It only selects from those companies that can show two sequential quarters of profits. There is no curation involved in selecting the holdings of QQQ. QQQ simply selects the top 100 stocks weighted by market cap present in the Nasdaq index. Thus there is no requirement that the stocks in QQQ, be profitable. This has allowed growth stocks like Amazon and Tesla that go for years or even decades without reporting any significant profits to play a huge role in QQQ's out-performance.</p>\n<p>Though the collapse of QQQ in 2000 had a lot to do with how many companies in that index were earning eyeballs rather than dollars. The top stocks that make up slightly more than half of QQQ's value today are profitable and of far higher quality than the Dot-com darlings that dominated QQQ in 2000.</p>\n<p>For today's investor, the difference between the two indexes is not so much quality, but that smaller number of stocks in QQQ give each stock held more impact. You end up with twice as much of the stocks held by both ETFs when you buy QQQ.</p>\n<p><b>What Stocks Are in QQQ that Aren't in VOO?</b></p>\n<p>Using a little spreadsheet magic, I matched the stock holdings of QQQ and VOO and came up with the list of the stocks that are in QQQ but<i>not</i>in VOO. Those stocks turn out to make up only 7.35% of the total value of QQQ.</p>\n<p>This analysis is based on the stock weightings reported as of June 30, 2021, which were the ones available last week when I did it. The actual list of stocks held by the two ETFs have not changed since then, though the percentages might be very slightly different now than a month ago.</p>\n<p><b>Stocks Held by QQQ But Not By VOO as of June 30, 2021</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1126fe5034e6ad9e0c19930345dab368\" tg-width=\"519\" tg-height=\"485\" width=\"100%\" height=\"auto\"><span>Source: List of All Portfolio Holdings downloaded fromInvescoand Vanguard and Analyzed by the Author</span></p>\n<p>The first thing that leaps out from this list is how small an impact most of these stocks have on the total value of QQQ. Only Moderna(NASDAQ:MRNA)makes up more than 1% of the value of the ETF. There is almost 100 times more Apple(NASDAQ:AAPL)in QQQ than there is Sirius XM(NASDAQ:SIRI).</p>\n<p>You can also see that while these stocks skew heavily towards tech and communications, Moderna, which is a health care stock is by far the most important. Most of these are recently listed companies that have not yet made a profit, but have attracted lots of growth investors. Remember there are another 3,400 or so stocks in the Nasdaq that are not in QQQ. It represents only the Nasdaq stocks that have attracted the most investors.</p>\n<p><b>What is in VOO that is Not in QQQ?</b></p>\n<p>Obviously, since there are 400 more stocks in the S&amp;P 500 than in the Nasdaq 100. There are far too many stocks excluded from QQQ for us to list them all here. But given that market cap weighting also makes VOO top heavy, a lot of the companies that QQQ is missing out on make up only a tiny percentage, each, of the value of VOO.</p>\n<p>Only 156 companies that are excluded from QQQ make up more than .10% each of the value of VOO. The rest of the excluded companies each make up such a small part of the total value of VOO that many of them would have to experience dramatic growth for them to contribute enough added value to VOO to make a difference in your returns.</p>\n<p>Below is a list of the stocks each of which make up more than .25% of VOO which are not held in QQQ.</p>\n<p><b>Stocks in VOO Excluded from QQQ</b></p>\n<p>Source: List of All Portfolio Holdings downloaded from Invesco and Vanguard and Analyzed by the Author</p>\n<p>As you can see, this list includes many fine stocks, including the biggest Financial, Retail, Consumer Staples, Manufacturing, Energy, Utility, and Pharmaceutical stocks.</p>\n<p>Given that QQQ only holds stocks of companies that listed themselves on the relatively new Nasdaq exchange it, by design, excludes the stocks of these mostly older, fully mature companies, even though some, like Visa(NYSE:V)and American Tower Corp(NYSE:AMT)are very much involved with tech, and have been very generous to their stockholders. But there is definitely a skew towards older, mature, companies in VOO, many of whose stocks appeal to retirees and other dividend-oriented investors.</p>\n<p>It would be easy to label many of these stocks \"value stocks,\" as in the past that is just what many of them were. But as anyone who has spent any time looking at individual stock recently knows, the P/E ratios of many of what used to be value stocks have become extremely inflated, especially considering these mature companies' much slower rates of earnings growth.</p>\n<p>QQQ, since it doesn't require that stocks come from companies earning profits, holds more growth stocks, and since it only picks the Nasdaq stocks most popular with investors, those growth stocks it holds are the ones that are currently growing. When a company whose stock is currently in QQQ stops growing earnings or something else causes its share prices to decline to where its market cap is no longer in the top 100 for a significant amount of time, they will be replaced by some other up and coming growth Nasdaq stock that has been climbing up through the ranks of Nasdaq's next 100 stocks by market cap weight. (The stocks ranked in the second 100 stocks by market cap weight in the Nasdaq can also be invested in, via a much newer and less popular ETF, the Invesco NASDAQ Next Gen 100 ETF(NASDAQ:QQQJ).</p>\n<p>There is another consideration when comparing VOO and QQQ. You will often see it cited by self-appointed media investing pundits that tech stocks (and by extension QQQ) will fall if interest rates rise because these companies need to borrow a lot of money to grow. But the very high debt/cap ratios of many of the mature stocks held only in VOO suggest that they, too, will find themselves strained by rising rates and costs, without, in many cases, having the kind of growth potential that could let them get by selling more stock. I don't see this as a reason to be wary of QQQ.</p>\n<p><b>So Is VOO or QQQ the Better Buy?</b></p>\n<p>I'm coming to think that you can only answer this question by spending some time poring over these lists of actual stock holdings.If you think that the non-financial mega-cap super-companies – the ones that dominate the top 10 holdings by weight of both ETFs – are likely to continue ruling the investing world, it makes more sense to invest in QQQ than VOO.Its smaller number of stocks gives more influence to each stock it holds and it holds a lot of those mega-caps.</p>\n<p>But if you buy into QQQ, you should keep in mind that it is more of a growth stock popularity ETF than is VOO. Investors have been in love with growth stocks for quite a while,and for good reason – the ones nowdominating QQQ have lived up to the dreams of those who invested in them a decade ago. But if future events should change the psychology of market investors dramatically, and investors suffer serious pain owning non-profitable growth stocks in the next major market downturn, there is always the possibility that QQQ could under-perform VOO.</p>\n<p>Remember that the one big advantage that VOO has is that it isn't limited to listing stocks that appear on any one exchange. The committee that selects stocks for the S&amp;P 500 index that VOO follows has much more latitude in picking stocks for the index. Their only limitation is that a stock be profitable and that it be a large cap stock. If the kinds of stocks now dominating QQQ do go out of favor, the S&amp;P 500 can adapt far better than QQQ because it is not as limited in which stocks it can choose to hold.</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>VOO Vs QQQ: Which ETF Is The Better Buy?</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\">\nVOO Vs QQQ: Which ETF Is The Better Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 19:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451767-voo-vs-qqq-etf-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nQQQ has out-performed VOO both since inception and over the past decade, making some investors question why VOO is so much more popular among index investors.\nAs the market keeps notching all...</p>\n\n<a href=\"https://seekingalpha.com/article/4451767-voo-vs-qqq-etf-better-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOO":"Vanguard标普500ETF","QQQ":"纳指100ETF"},"source_url":"https://seekingalpha.com/article/4451767-voo-vs-qqq-etf-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177725104","content_text":"Summary\n\nQQQ has out-performed VOO both since inception and over the past decade, making some investors question why VOO is so much more popular among index investors.\nAs the market keeps notching all time highs, it's informative to see how these two ETFs performed for investors who bought them at previous market peaks that preceded major crashes.\nThe stocks held in QQQ that are excluded by VOO make up only 7% of the total value of QQQ, but each stock in QQQ has more impact.\nDeciding which ETF makes the better investment now requires taking a close look at the larger cap stocks held in VOO that are not part of QQQ.\n\nsyahrir maulana/iStock via Getty Images\nWhen given the advice to invest in a \"broad stock market index\" many people immediately think that means they should buy an ETF that follows the S&P 500 like the Vanguard S&P 500 ETF(NYSEARCA:VOO). After all, Warren Buffett is famous for telling his stockholders, \"My regular recommendation has been a low-cost S&P 500 index fund.\" He put his money where his mouth was, too, when he made a million-dollar bet with hedge fund managers that, over 10 years, he could beat their results with an S&P 500 index fund--which he did.\nBut when you tune into your favorite financial channel, or check the front page of any investing site, including this one, the S&P 500 index is only one of the three major indexes that are always reported and give a minute by minute reading of the state of the market as a whole. The other two major indexes are the Nasdaq, which you can invest invia QQQ andthe Dow.\nThe Dow is far from being a \"broad market index\" as it only holds 30 stocks. Most knowledgeable investors regard it as a relic of a simpler past that is reported only because of its historical importance. Though I have made a case that it is a pretty good proxy for the value and income segments of the market as a whole in a previous article, I would not recommend that an investor looking to buy a broad market index invest in a Dow ETF.\nBut what about the Nasdaq, which investors usually invest in via the Invesco QQQ Trust(NASDAQ:QQQ)? The Nasdaq is also a broad market index and one that has been outperforming the S&P 500 index dramatically over the past decade, as you can see in the chart below.\nSource:Seeking Alpha\nThough older investors will remember the Nasdaq's dramatic fall at the turn of this century, its dramatic rise before that collapse was strong enough that even with that collapse that it still equaled or outperformed the S&P 500 index at any time since its inception in 1971.\nSource: Yahoo Finance\nThoughwe are told not to chase performance, it's hard to argue with that kind of out-performance, especially when it rewarded investors so well. At least those who bought and held for the long-term, which is what we are also told we should do.\nLooking at these charts you have to ask yourself why all the academics and most investment advisors continue to recommend that index-loving investors stick with low cost indexes that follow the S&P 500, rather than one that follows the Nasdaq. That is a question I have been asking myself, of late, too.\nThe ETFs that Track The S&P 500 and Nasdaq\nYou can't buy any of these indexes directly, you have to invest in a fund or ETF that tracks that index. The largest ETF that tracks the S&P 500 is the Vanguard S&P 500 ETF which has 243.7 billion dollars of assets under management. At first glance, this makes it sound like VOO is smaller than the SPDR S&P 500 ETF Trust(NYSEARCA:SPY), which also tracks the S&P 500 index and holds 397.27 billion dollars worth of assets. But VOO, it turns out, is actually just a share class of a Vanguard mutual fund, The Vanguard 500 Index Fund(VFIAX). The total assets of this Vanguard fund and ETF combination are a whopping 777.3 billion dollars. This is not as surprising when you remember that the Vanguard 500 Index Fund was the very first index tracking fund and has been gathering assets since it started trading in 1976.\nThe most common way to invest in the Nasdaq is via the Invesco QQQ Trust. Unlike VOO which invests in all the stocks in the S&P 500 index, QQQ invests only in the Nasdaq index's top 100 non-financial stocks, ignoring most of the other 3,000+ stocks in the full Nasdaq index. You can read more on the details about how QQQ works in my previous article which you can findhere.\nIn the rest of this article, I am going to try to answer some of the questions you should be asking yourself in order to decide whether VOO or QQQ would be a better investment for you right now. Historical returns are wonderful, but only if you could go back in time to do your investing. Since Tesla has not yet come up with a working time machine, we have to think critically about those past returns in order to decide if there is a good chance they will continue to repeat the same patterns.\nHow Did Investors in These ETFs Do Investing at Previous Peaks?The Dot.com Peak\nPerformance can be very different from what you see on graphs like those I showed you above depending on when your investment was made. Most working people scale into an investment, a bit every paycheck or two, which makes the returns shown on any chart with an arbitrary starting point misleading. Your own results can only be determined by putting your portfolio into a spreadsheet or other software tool.\nBut given that we are currently in a situation where both indexes are at all-time highs, many investors, including highly sophisticated professionals far more knowledgeable than I am, are holding their breaths waiting for the next big correction. Some are hoping that itisa correction and not a full fledged crash. So the obvious question to ask, when considering these two ETFs is what has been the experience of investors who bought into them at previous market peaks that were followed by serious downturns?\nQQQ started trading in 1999. But the VOO ETF share class of Vanguard's 500 Index Fund did not begin trading until September of 2010, which is well after the two major market crashes that have occurred in the past two decades. Therefore, I am going to use the investors share class of the Vanguard 500 Index Fund(VFINX), which is just another share class of VOO, but was trading throughout the 1990s as a comparison to QQQ.\nTotal Return of QQQ and VFINX Since Dot.com Peak\nSource:Seeking Alpha\nAs you can see, investors who bought into QQQ at the top of the Dot.com boom in 2000 have seriously under-performed those who bought the Vanguard 500 Index Fund at the same time. It took a very long 14 years for those QQQ investors to get back their original investment. That is a long, long time to hold any investment and it is likely most investors who did buy QQQ at its peak ended up taking heavy losses and moving on. Even now, the return of those who invested in QQQ at that peak and held still lags that of the S&P 500 fund. This explains pretty well why all those advisors, and Mr. Buffett, choose the S&P 500 over QQQ.\nThe Financial Crisis\nFrom the above chart we see that the S&P 500 index fund dropped more in 2008 than did QQQ. This should be no surprise when you remember that QQQ excludes the financial stocks listed in the Nasdaq index and that crash was caused by a financial crisis.\nSo what happened to investors who invested in QQQ and VOO at the market peak that occurred before the 2008 Financial Crisis? (We are still looking at the mutual fund version of VOO here as VOO only started trading in 2010.)\nTotal Return of QQQ and VFINX Since the Pre-Financial Crisis Peak\nSource:Seeking Alpha\nThose investors made out like bandits. Those who invested in QQQ in 2008 came out way ahead.\nThe COVID-19 Flash Crash\nFinally, let's look at what would happen if you invested in QQQ or VOO at the market peak that preceded last year's Covid-19 Flash Crash.\nTotal Return of QQQ and VOO Since the Pre-COVID-19 Peak\nSource:Seeking Alpha\nHere again we see that VOO dipped further and recovered more slowly than did QQQ during the COVID-19 crash. Clearly something had changed between the crash in 2000 and subsequent market crashes. To get a better idea of what explains this change we need to look more closely at the actual holdings of these two ETFs.\nThe Real Differences Between These Two ETFs\nThe most significant difference between the holdings of the two ETFs, beyond the fact that they track different indexes is that there are five times as many stocks in VOO. This is not quite as big a deal as it might sound. That's because both of these ETFs are Market Cap Weighted in a market that has seen the emergence of a small handful of super-companies, the Mega Cap stocks, with market caps far huger than that of most other companies worldwide.\nThe top 10 stocks in VOO make up 28.60% of its entire value. The top 10 stocks in QQQ make up 52.82% of its value. (Data as of July 31, 2021).\nSource:Seeking AlphaandVanguard.com\nAs you can see those top 10 stocks in both ETFs are almost identical. Of those top 10 stocks, only Berkshire Hathaway(NYSE:BRK.A)is completely missing from QQQ. While PayPal(NASDAQ:PYPL)and Adobe(NASDAQ:ADBE)appear in QQQ's top 10 and not in VOO's, they are both still found just a few positions lower in VOO's list of holdings.\nIt's also worth pointing out that while most people think of QQQ as being a tech ETF, and attribute its out-performance over the past decade to it being heavy in tech stocks, it also holds quite a few stocks from non-tech sectors, too.\nQQQ Holdings by Sector\nSource:Seeking Alpha\nYou must keep in mind that the only factor that unites all the stocks in QQQ is that they all are listed on the Nasdaq instead of the NYSE or some other exchange. Since the Nasdaq is a younger index, the Nasdaq by definition excludes the stocks of the many long-established major U.S. companies that have been trading uninterrupted on the NYSE since before 1971. Until the last decade, listing a new stock on the Nasdaq exchange did not have the prestige that listing on the NYSE did, and it was cheaper to list a stock on it, too, so the Nasdaq got the reputation of being the place to find start ups, even though by now some of those start ups have become the FAANGM behemoths that now dominate both QQQ and VOO.\nVOO Holds Only Profitable Companies\nAnother major difference between the two indexes is that an S&P committee curates the holdings of the 500 index and hence of VOO. It only selects from those companies that can show two sequential quarters of profits. There is no curation involved in selecting the holdings of QQQ. QQQ simply selects the top 100 stocks weighted by market cap present in the Nasdaq index. Thus there is no requirement that the stocks in QQQ, be profitable. This has allowed growth stocks like Amazon and Tesla that go for years or even decades without reporting any significant profits to play a huge role in QQQ's out-performance.\nThough the collapse of QQQ in 2000 had a lot to do with how many companies in that index were earning eyeballs rather than dollars. The top stocks that make up slightly more than half of QQQ's value today are profitable and of far higher quality than the Dot-com darlings that dominated QQQ in 2000.\nFor today's investor, the difference between the two indexes is not so much quality, but that smaller number of stocks in QQQ give each stock held more impact. You end up with twice as much of the stocks held by both ETFs when you buy QQQ.\nWhat Stocks Are in QQQ that Aren't in VOO?\nUsing a little spreadsheet magic, I matched the stock holdings of QQQ and VOO and came up with the list of the stocks that are in QQQ butnotin VOO. Those stocks turn out to make up only 7.35% of the total value of QQQ.\nThis analysis is based on the stock weightings reported as of June 30, 2021, which were the ones available last week when I did it. The actual list of stocks held by the two ETFs have not changed since then, though the percentages might be very slightly different now than a month ago.\nStocks Held by QQQ But Not By VOO as of June 30, 2021\nSource: List of All Portfolio Holdings downloaded fromInvescoand Vanguard and Analyzed by the Author\nThe first thing that leaps out from this list is how small an impact most of these stocks have on the total value of QQQ. Only Moderna(NASDAQ:MRNA)makes up more than 1% of the value of the ETF. There is almost 100 times more Apple(NASDAQ:AAPL)in QQQ than there is Sirius XM(NASDAQ:SIRI).\nYou can also see that while these stocks skew heavily towards tech and communications, Moderna, which is a health care stock is by far the most important. Most of these are recently listed companies that have not yet made a profit, but have attracted lots of growth investors. Remember there are another 3,400 or so stocks in the Nasdaq that are not in QQQ. It represents only the Nasdaq stocks that have attracted the most investors.\nWhat is in VOO that is Not in QQQ?\nObviously, since there are 400 more stocks in the S&P 500 than in the Nasdaq 100. There are far too many stocks excluded from QQQ for us to list them all here. But given that market cap weighting also makes VOO top heavy, a lot of the companies that QQQ is missing out on make up only a tiny percentage, each, of the value of VOO.\nOnly 156 companies that are excluded from QQQ make up more than .10% each of the value of VOO. The rest of the excluded companies each make up such a small part of the total value of VOO that many of them would have to experience dramatic growth for them to contribute enough added value to VOO to make a difference in your returns.\nBelow is a list of the stocks each of which make up more than .25% of VOO which are not held in QQQ.\nStocks in VOO Excluded from QQQ\nSource: List of All Portfolio Holdings downloaded from Invesco and Vanguard and Analyzed by the Author\nAs you can see, this list includes many fine stocks, including the biggest Financial, Retail, Consumer Staples, Manufacturing, Energy, Utility, and Pharmaceutical stocks.\nGiven that QQQ only holds stocks of companies that listed themselves on the relatively new Nasdaq exchange it, by design, excludes the stocks of these mostly older, fully mature companies, even though some, like Visa(NYSE:V)and American Tower Corp(NYSE:AMT)are very much involved with tech, and have been very generous to their stockholders. But there is definitely a skew towards older, mature, companies in VOO, many of whose stocks appeal to retirees and other dividend-oriented investors.\nIt would be easy to label many of these stocks \"value stocks,\" as in the past that is just what many of them were. But as anyone who has spent any time looking at individual stock recently knows, the P/E ratios of many of what used to be value stocks have become extremely inflated, especially considering these mature companies' much slower rates of earnings growth.\nQQQ, since it doesn't require that stocks come from companies earning profits, holds more growth stocks, and since it only picks the Nasdaq stocks most popular with investors, those growth stocks it holds are the ones that are currently growing. When a company whose stock is currently in QQQ stops growing earnings or something else causes its share prices to decline to where its market cap is no longer in the top 100 for a significant amount of time, they will be replaced by some other up and coming growth Nasdaq stock that has been climbing up through the ranks of Nasdaq's next 100 stocks by market cap weight. (The stocks ranked in the second 100 stocks by market cap weight in the Nasdaq can also be invested in, via a much newer and less popular ETF, the Invesco NASDAQ Next Gen 100 ETF(NASDAQ:QQQJ).\nThere is another consideration when comparing VOO and QQQ. You will often see it cited by self-appointed media investing pundits that tech stocks (and by extension QQQ) will fall if interest rates rise because these companies need to borrow a lot of money to grow. But the very high debt/cap ratios of many of the mature stocks held only in VOO suggest that they, too, will find themselves strained by rising rates and costs, without, in many cases, having the kind of growth potential that could let them get by selling more stock. I don't see this as a reason to be wary of QQQ.\nSo Is VOO or QQQ the Better Buy?\nI'm coming to think that you can only answer this question by spending some time poring over these lists of actual stock holdings.If you think that the non-financial mega-cap super-companies – the ones that dominate the top 10 holdings by weight of both ETFs – are likely to continue ruling the investing world, it makes more sense to invest in QQQ than VOO.Its smaller number of stocks gives more influence to each stock it holds and it holds a lot of those mega-caps.\nBut if you buy into QQQ, you should keep in mind that it is more of a growth stock popularity ETF than is VOO. Investors have been in love with growth stocks for quite a while,and for good reason – the ones nowdominating QQQ have lived up to the dreams of those who invested in them a decade ago. But if future events should change the psychology of market investors dramatically, and investors suffer serious pain owning non-profitable growth stocks in the next major market downturn, there is always the possibility that QQQ could under-perform VOO.\nRemember that the one big advantage that VOO has is that it isn't limited to listing stocks that appear on any one exchange. The committee that selects stocks for the S&P 500 index that VOO follows has much more latitude in picking stocks for the index. Their only limitation is that a stock be profitable and that it be a large cap stock. If the kinds of stocks now dominating QQQ do go out of favor, the S&P 500 can adapt far better than QQQ because it is not as limited in which stocks it can choose to hold.","news_type":1,"symbols_score_info":{"VOO":0.9,"QQQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810289976,"gmtCreate":1629980606295,"gmtModify":1676530190750,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","listText":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","text":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/810289976","repostId":"1123542948","repostType":4,"isVote":1,"tweetType":1,"viewCount":1797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810234388,"gmtCreate":1629979637044,"gmtModify":1676530190453,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Sounds very promising…. Another good reason to invest in Apple.","listText":"Sounds very promising…. Another good reason to invest in Apple.","text":"Sounds very promising…. Another good reason to invest in Apple.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/810234388","repostId":"1125030506","repostType":4,"repost":{"id":"1125030506","kind":"news","pubTimestamp":1629961067,"share":"https://ttm.financial/m/news/1125030506?lang=en_US&edition=fundamental","pubTime":"2021-08-26 14:57","market":"us","language":"en","title":"Apple Has 2 Secret Weapons. No, They're Not New iPhones.","url":"https://stock-news.laohu8.com/highlight/detail?id=1125030506","media":"Barrons","summary":"For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, li","content":"<p>For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, likely to be introduced sometime next month. But the company has other levers to drive growth, and not all of them involve hardware.</p>\n<p>In particular,Apple(ticker: AAPL) has a substantial and growing opportunity in advertising and search revenue. A pair of research notes from the Street on Wednesday highlight how both areas should provide a material boost to top-line growth in the months and years ahead — while also noting a few associated risks.</p>\n<p>In a new report, Evercore ISI analyst Amit Daryanani dove into Apple’s growing opportunity in advertising, and he likes what he found. Daryanani thinks Apple’s ad business can grow to $20 billion in the September 2025 fiscal year, from an estimated $2 billion in fiscal 2020, most of that from App Store ads.</p>\n<p>He notes that the projected growth would be similar to that of&nbsp;Amazon’s(AMZN) ad business, which has expanded to about $20 billion from about $3 billion over a four-year span. Daryanani asserts that ads could account for as much as 9% of Apple’s earnings per share in fiscal 2025 if the business hits his target.</p>\n<p>“Apple’s advertising business remains an underappreciated lever for upside as we go forward and provides them with a unique way to ensure consumer privacy is upheld, but also further enhance the monetization mechanisms,” Daryanani writes in a research note.</p>\n<p>Under Apple’s “App Tracking Transparency” program, apps must ask for permission before tracking user activity across other companies’ apps and websites. The program has been positioned as a privacy measure, but has the secondary effect of shifting more ad dollars to Apple’s own advertising platform.</p>\n<p>Daryanani sees the biggest opportunity in shifting the App Store ad platform to content discovery, not just content delivery — ads offer a way for app developers to attract customers, in the same way that Amazon ads help sellers cut through the clutter to lure shoppers. And he sees additional advertising opportunities in Apple Maps and Apple TV+, among other places.</p>\n<p>“Advertising is a great growth opportunity for Apple and their tremendous installed base gives them a competitive advantage that they have not effectively exploited in the past,” he adds. “Recent actions indicate this is set to change as Apple looks to capture its fair share of a $1 trillion market.”</p>\n<p>Daryanani is not the only analyst that sees potential expansion in the Apple ad business. Earlier this month,Bernstein analyst Toni Sacconaghi wrote a long research note on the same topic; his conclusion was that ads could be a $7 billion to $10 billion business for Apple in fiscal 2023 or 2024. He noted that growth drivers for the Apple ad business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the App Store in May. Sacconaghi also pointed out that Apple generates very modest revenue today — likely under $500 million a year — from ads in the Apple News and Stocks apps. Daryanani echoed all of those points in his report.</p>\n<p>Meanwhile, in a new note on Wednesday, Sacconaghi turns his attention to Apple’s search relationship with Google, a unit of&nbsp;Alphabet(GOOGL). Google pays Apple a substantial annual fee to be the default search engine on the iPhone — a relationship that has drawn the attention of the Justice Department, which last year filed suit against Google for monopolizing its control of the search market,specifically citing the Apple deal in the complaint.</p>\n<p>Neither Apple nor Google has been transparent about the terms of their relationship. Sacconaghi this morning writes that he now thinks Google’s payments to Apple in fiscal 2020 were $10 billion, higher than his previous estimate of $8 billion. And he thinks the payment could jump to $15 billion in fiscal 2021, driving up Apple’s services revenue, and contributing an estimated 9% of Apple’s overall gross profits. He estimates that 39% of Google’s traffic acquisition costs this year will go to Apple, up from an estimated 13% in 2013.</p>\n<p>Search is really the largest advertising pool for Apple. Sacconaghi estimates that Apple’s overall revenue from advertising in fiscal 2020 was $12.4 billion – and that $10 billion of that came from the company’s search relationship with Google.</p>\n<p>Sacconaghi sees some risk in Apple’s growing connection with Google. For one thing, there is regulatory focus on the situation – although he thinks any conclusion of the Justice Department lawsuit is “years away,” he sees a potential 4% to 5% risk to Apple’s profits from an adverse ruling. He also thinks there is some risk that Google could choose to stop paying Apple, or look to renegotiate the terms of its deal and pay less.</p>\n<p>Sacconaghi says Google pays up for the deal in part to ensure&nbsp;Microsoft(MSFT) — the only real rival for Google in search — does not outbid it. But he also says that with payments to Apple likely to approach $20 billion in fiscal 2022, “it is not implausible that Google could revisit its strategy.”</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>Apple Has 2 Secret Weapons. No, They're Not New iPhones.</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\">\nApple Has 2 Secret Weapons. No, They're Not New iPhones.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 14:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apples-secret-weapons-advertising-search-51629906248?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, likely to be introduced sometime next month. But the company has other levers to drive growth, and not...</p>\n\n<a href=\"https://www.barrons.com/articles/apples-secret-weapons-advertising-search-51629906248?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apples-secret-weapons-advertising-search-51629906248?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125030506","content_text":"For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, likely to be introduced sometime next month. But the company has other levers to drive growth, and not all of them involve hardware.\nIn particular,Apple(ticker: AAPL) has a substantial and growing opportunity in advertising and search revenue. A pair of research notes from the Street on Wednesday highlight how both areas should provide a material boost to top-line growth in the months and years ahead — while also noting a few associated risks.\nIn a new report, Evercore ISI analyst Amit Daryanani dove into Apple’s growing opportunity in advertising, and he likes what he found. Daryanani thinks Apple’s ad business can grow to $20 billion in the September 2025 fiscal year, from an estimated $2 billion in fiscal 2020, most of that from App Store ads.\nHe notes that the projected growth would be similar to that of Amazon’s(AMZN) ad business, which has expanded to about $20 billion from about $3 billion over a four-year span. Daryanani asserts that ads could account for as much as 9% of Apple’s earnings per share in fiscal 2025 if the business hits his target.\n“Apple’s advertising business remains an underappreciated lever for upside as we go forward and provides them with a unique way to ensure consumer privacy is upheld, but also further enhance the monetization mechanisms,” Daryanani writes in a research note.\nUnder Apple’s “App Tracking Transparency” program, apps must ask for permission before tracking user activity across other companies’ apps and websites. The program has been positioned as a privacy measure, but has the secondary effect of shifting more ad dollars to Apple’s own advertising platform.\nDaryanani sees the biggest opportunity in shifting the App Store ad platform to content discovery, not just content delivery — ads offer a way for app developers to attract customers, in the same way that Amazon ads help sellers cut through the clutter to lure shoppers. And he sees additional advertising opportunities in Apple Maps and Apple TV+, among other places.\n“Advertising is a great growth opportunity for Apple and their tremendous installed base gives them a competitive advantage that they have not effectively exploited in the past,” he adds. “Recent actions indicate this is set to change as Apple looks to capture its fair share of a $1 trillion market.”\nDaryanani is not the only analyst that sees potential expansion in the Apple ad business. Earlier this month,Bernstein analyst Toni Sacconaghi wrote a long research note on the same topic; his conclusion was that ads could be a $7 billion to $10 billion business for Apple in fiscal 2023 or 2024. He noted that growth drivers for the Apple ad business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the App Store in May. Sacconaghi also pointed out that Apple generates very modest revenue today — likely under $500 million a year — from ads in the Apple News and Stocks apps. Daryanani echoed all of those points in his report.\nMeanwhile, in a new note on Wednesday, Sacconaghi turns his attention to Apple’s search relationship with Google, a unit of Alphabet(GOOGL). Google pays Apple a substantial annual fee to be the default search engine on the iPhone — a relationship that has drawn the attention of the Justice Department, which last year filed suit against Google for monopolizing its control of the search market,specifically citing the Apple deal in the complaint.\nNeither Apple nor Google has been transparent about the terms of their relationship. Sacconaghi this morning writes that he now thinks Google’s payments to Apple in fiscal 2020 were $10 billion, higher than his previous estimate of $8 billion. And he thinks the payment could jump to $15 billion in fiscal 2021, driving up Apple’s services revenue, and contributing an estimated 9% of Apple’s overall gross profits. He estimates that 39% of Google’s traffic acquisition costs this year will go to Apple, up from an estimated 13% in 2013.\nSearch is really the largest advertising pool for Apple. Sacconaghi estimates that Apple’s overall revenue from advertising in fiscal 2020 was $12.4 billion – and that $10 billion of that came from the company’s search relationship with Google.\nSacconaghi sees some risk in Apple’s growing connection with Google. For one thing, there is regulatory focus on the situation – although he thinks any conclusion of the Justice Department lawsuit is “years away,” he sees a potential 4% to 5% risk to Apple’s profits from an adverse ruling. He also thinks there is some risk that Google could choose to stop paying Apple, or look to renegotiate the terms of its deal and pay less.\nSacconaghi says Google pays up for the deal in part to ensure Microsoft(MSFT) — the only real rival for Google in search — does not outbid it. But he also says that with payments to Apple likely to approach $20 billion in fiscal 2022, “it is not implausible that Google could revisit its strategy.”","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837689943,"gmtCreate":1629883041382,"gmtModify":1676530161421,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Clearly undervalued one… with the assumption that SPCE will soon communicate about their tickets selling strategy","listText":"Clearly undervalued one… with the assumption that SPCE will soon communicate about their tickets selling strategy","text":"Clearly undervalued one… with the assumption that SPCE will soon communicate about their tickets selling strategy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837689943","repostId":"1144184594","repostType":4,"isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837615681,"gmtCreate":1629882805143,"gmtModify":1676530161343,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Not so sure about VISA when compared to American Express. But for KO and MSFT, these are definitely valuable assets to have in your&nbsp;portfolio… and mine. :)","listText":"Not so sure about VISA when compared to American Express. But for KO and MSFT, these are definitely valuable assets to have in your&nbsp;portfolio… and mine. :)","text":"Not so sure about VISA when compared to American Express. But for KO and MSFT, these are definitely valuable assets to have in your portfolio… and mine. :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837615681","repostId":"1163646569","repostType":4,"isVote":1,"tweetType":1,"viewCount":2096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837630190,"gmtCreate":1629881091410,"gmtModify":1676530160937,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"ARPU is a very good indicator, as Apple’s consumers are known to be willing to spend a lot. It’s a good addition to the traditional ones when you look forinvesting (e.g,&nbsp;Balance Sheet, Cash Flow and Income).","listText":"ARPU is a very good indicator, as Apple’s consumers are known to be willing to spend a lot. It’s a good addition to the traditional ones when you look forinvesting (e.g,&nbsp;Balance Sheet, Cash Flow and Income).","text":"ARPU is a very good indicator, as Apple’s consumers are known to be willing to spend a lot. It’s a good addition to the traditional ones when you look forinvesting (e.g, Balance Sheet, Cash Flow and Income).","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837630190","repostId":"1125218103","repostType":4,"repost":{"id":"1125218103","kind":"news","pubTimestamp":1629876200,"share":"https://ttm.financial/m/news/1125218103?lang=en_US&edition=fundamental","pubTime":"2021-08-25 15:23","market":"us","language":"en","title":"This Might Be the Most Important Metric If You Own Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1125218103","media":"Barrons","summary":"Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple","content":"<p>Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple shares, raising his rating to Hold from Sell, and conceding that his previous view that iPhone sales would disappoint during the pandemic was “clearly wrong.” He also conceded at the time that both Mac and iPad sales had materially outperformed his forecasts.</p>\n<p>But Hall still has some concerns about the outlook for Apple (ticker: AAPL), as reflected in his $140 target price, about $10 below the recent price. For one thing, he thinks Street estimates for next year are simply too high. Hall projects revenue for the September 2021 fiscal year of $371.7 billion, about $5 billion above the Street consensus, and up 35% from fiscal 2020. But he sees fiscal 2022 revenue falling 4% to $356.5 billion, a projection $23 billion below the Street consensus at $379.5 billion.</p>\n<p>Hall provided some insights on this thinking in a new research note on Tuesday, with a particular focus on Apple’s ability to drive up average revenue per user. Hall writes that his broad view of Apple has been that stable revenue per user combined with “maximized” global user penetration is likely to result in slowing overall revenue growth, a view reflected in his fiscal 2022 forecast.</p>\n<p>But he noted that Covid provided multiple boosts to Apple’s ARPU, which he estimates will increase 21% over the two-year period through the end of 2021. (That reflects his estimate of 19% growth in ARPU in calendar 2021, after 2% growth in 2020.) The impressive growth stems from both surging&nbsp;iPhone, Mac, iPad and Wearables revenue, as well as strong services revenue, due in part to accelerated downloads from the App Store.</p>\n<p>But he sees that pattern reversing as spending patterns return to normal over time as the pandemic ebbs.</p>\n<p>Hall concedes that it is hard to predict Apple user behavior in the short run. Covid has created some tough comps for Apple, driven by pull-forward in hardware demand, above-average App Store spending and a demonstrated preference for high-end versions of the iPhone and other hardware. He also says investors need to factor in high levels of consumer savings and the increasing value of Apple’s products, as well as more flexible work and study behavior. But he nonetheless thinks that in the long run, Apple will either need to drive up ARPU or accelerate subscriber growth trends to keep revenue growth above GDP growth.</p>\n<p>For calendar 2022, Hall sees average revenue per user dropping about 12% on a year-over-year basis – due in large part to an expected moderation of hardware sales. He projects iPhone revenue will fall 12% in 2022, following 37% growth in 2021, with units down 3% and average selling prices down 9%. He sees 2022 revenue declines of 9% in Macs and 8% in iPads. And he sees services revenue growth moderating to 6%, from 24% growth in 2021, with a recovery in ad spending partially offsetting tough comparisons for the App Store.</p>\n<p>Hall also makes the case that investors would be better off looking at ARPU trends than trying to discern unit volumes, particularly given the company has not actually provided product unit data since the end of fiscal 2018. He thinks given the lack of hard data on units, “the data sources many investors rely on to forecast Apple’s revenue over time have become less accurate.”</p>\n<p>Apple shares are down a few pennies on Tuesday at $149.62, about $2 below their all-time intraday high at $151.68.</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>This Might Be the Most Important Metric If You Own Apple Stock</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\">\nThis Might Be the Most Important Metric If You Own Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 15:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-stock-price-arpu-51629835473?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple shares, raising his rating to Hold from Sell, and conceding that his previous view that iPhone ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-stock-price-arpu-51629835473?mod=hp_DAY_Theme_1_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-stock-price-arpu-51629835473?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125218103","content_text":"Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple shares, raising his rating to Hold from Sell, and conceding that his previous view that iPhone sales would disappoint during the pandemic was “clearly wrong.” He also conceded at the time that both Mac and iPad sales had materially outperformed his forecasts.\nBut Hall still has some concerns about the outlook for Apple (ticker: AAPL), as reflected in his $140 target price, about $10 below the recent price. For one thing, he thinks Street estimates for next year are simply too high. Hall projects revenue for the September 2021 fiscal year of $371.7 billion, about $5 billion above the Street consensus, and up 35% from fiscal 2020. But he sees fiscal 2022 revenue falling 4% to $356.5 billion, a projection $23 billion below the Street consensus at $379.5 billion.\nHall provided some insights on this thinking in a new research note on Tuesday, with a particular focus on Apple’s ability to drive up average revenue per user. Hall writes that his broad view of Apple has been that stable revenue per user combined with “maximized” global user penetration is likely to result in slowing overall revenue growth, a view reflected in his fiscal 2022 forecast.\nBut he noted that Covid provided multiple boosts to Apple’s ARPU, which he estimates will increase 21% over the two-year period through the end of 2021. (That reflects his estimate of 19% growth in ARPU in calendar 2021, after 2% growth in 2020.) The impressive growth stems from both surging iPhone, Mac, iPad and Wearables revenue, as well as strong services revenue, due in part to accelerated downloads from the App Store.\nBut he sees that pattern reversing as spending patterns return to normal over time as the pandemic ebbs.\nHall concedes that it is hard to predict Apple user behavior in the short run. Covid has created some tough comps for Apple, driven by pull-forward in hardware demand, above-average App Store spending and a demonstrated preference for high-end versions of the iPhone and other hardware. He also says investors need to factor in high levels of consumer savings and the increasing value of Apple’s products, as well as more flexible work and study behavior. But he nonetheless thinks that in the long run, Apple will either need to drive up ARPU or accelerate subscriber growth trends to keep revenue growth above GDP growth.\nFor calendar 2022, Hall sees average revenue per user dropping about 12% on a year-over-year basis – due in large part to an expected moderation of hardware sales. He projects iPhone revenue will fall 12% in 2022, following 37% growth in 2021, with units down 3% and average selling prices down 9%. He sees 2022 revenue declines of 9% in Macs and 8% in iPads. And he sees services revenue growth moderating to 6%, from 24% growth in 2021, with a recovery in ad spending partially offsetting tough comparisons for the App Store.\nHall also makes the case that investors would be better off looking at ARPU trends than trying to discern unit volumes, particularly given the company has not actually provided product unit data since the end of fiscal 2018. He thinks given the lack of hard data on units, “the data sources many investors rely on to forecast Apple’s revenue over time have become less accurate.”\nApple shares are down a few pennies on Tuesday at $149.62, about $2 below their all-time intraday high at $151.68.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837696692,"gmtCreate":1629880694316,"gmtModify":1676530160738,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Totally agree as for as AMD is concerned. It’s already in my portfolio for a while and this confirms it was a good idea.","listText":"Totally agree as for as AMD is concerned. It’s already in my portfolio for a while and this confirms it was a good idea.","text":"Totally agree as for as AMD is concerned. It’s already in my portfolio for a while and this confirms it was a good idea.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/837696692","repostId":"1169751382","repostType":4,"repost":{"id":"1169751382","kind":"news","pubTimestamp":1629879820,"share":"https://ttm.financial/m/news/1169751382?lang=en_US&edition=fundamental","pubTime":"2021-08-25 16:23","market":"us","language":"en","title":"These 3 Stocks Are Screaming Buys Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1169751382","media":"Motley Fool","summary":"Looking to buy high-growth companies at attractive valuations? These three tech stocks fit the bill.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>The growing demand for gaming hardware is going to be a secular catalyst for Corsair Gaming.</li>\n <li>Skyworks Solutions is firing on all cylinders thanks to the growth in 5G smartphones and the increasing demand for wireless connectivity.</li>\n <li>AMD's market share gains and additional catalysts such as gaming consoles make it a bargain right now given its valuation.</li>\n</ul>\n<p>What's common between&nbsp;<b>Corsair Gaming</b>(NASDAQ:CRSR),<b>Skyworks Solutions</b>(NASDAQ:SWKS), and&nbsp;<b>Advanced Micro Devices</b>(NASDAQ:AMD)apart from the fact that all three tech companies are growing at a terrific pace? They are trading at attractive valuations, making them ideal bets for investors looking to invest in growth companies without paying through the nose.</p>\n<p>Let's look at the reasons why investors on the hunt for growth stocks trading at reasonable valuations should consider buying them right away.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a85a3d070859a23d9b83eeb5aec6bd20\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Corsair Gaming is dirt cheap despite sitting on a massive opportunity</b></p>\n<p>Corsair Gaming has had a forgettable 2021 so far as shares of the video gaming hardware and peripherals maker have pulled back substantially despite a string of&nbsp;impressive quarterly results.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8db1514c477432cdd4253e3332528f46\" tg-width=\"720\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>CRSR DATA BY YCHARTS</span></p>\n<p>The company's second-quarter results couldn't stop the stock slide either as adjusted earnings of $0.36 per share missed the Wall Street estimate of $0.39 and was a penny lower than the year-ago period's figure. Corsair's adjusted earnings before interest, taxes, depreciation, and amortization, or EBITDA, margin also fell 210 basis points year over year.</p>\n<p>The market seems to be ignoring the fact that Corsair put in a record performance last quarter despite facing several challenges. Its revenue increased 24.3% year over year to $472.9 million and exceeded&nbsp;expectations. Corsair's performance could have been much better had it not run into component shortages, port delays, and pandemic-related&nbsp;shutdowns. Additionally, the company saw \"significant increases in logistic costs, particularly ocean freight,\" which impacted margins across the board and hurt the bottom line.</p>\n<p>Corsair has maintained&nbsp;its full-year guidance despite the challenges it faced last quarter. More importantly, the company remains upbeat about its long-term prospects thanks to the growth in the number of people playing video games.</p>\n<p>Corsair management points out that the PC gaming peripheral market was growing at an annual rate of 24% in the U.S. before the pandemic. Since last year, the market is clocking 80% annual growth thanks to the addition of new gamers as well as equipment upgrades by existing ones. Corsair estimates it is now sitting on an upgrade cycle that could help it sustain its impressive growth.</p>\n<p>Citing NPD data, Corsair said on the Q2 earnings call that sales of keyboards and mice are growing at a faster pace than headsets. This points toward an upgrade cycle as headsets are the most widely sold peripherals. The faster growth of mice and keyboards suggests that gamers are buying better equipment to improve their gameplay.</p>\n<p>Third-party research suggests that this upgrade cycle is going to add billions of dollars in addressable opportunity for Corsair. Technavio estimates that the global PC peripheral market could add&nbsp;$43.4 billion in revenue through 2024. Meanwhile, sales of high-end PC gaming hardware are expected to double by 2024 as compared to last year, according&nbsp;to Jon Peddie Research.</p>\n<p>As such, Corsair Gaming seems built for long-term growth and investors should look past the near-term headwinds, especially considering that it is trading&nbsp;at just 1.25 times sales and 16.3 times trailing earnings. These multiples, along with its bright prospects, make Corsair a screaming buy right now as it is way cheaper than the&nbsp;<b>S&amp;P 500</b>'s&nbsp;price-to-sales ratioof&nbsp;3.2 and earnings multiple of 31.</p>\n<p><b>Skyworks Solutions' terrific momentum is here to stay</b></p>\n<p>With a trailing&nbsp;price-to-earnings ratio&nbsp;of 21.4 and a forward earnings multiple of less than 16, buying Skyworks Solutions stock right now is a no-brainer given the pace at which it has been growing. The company's revenue in the recently reported fiscal third quarter increased 52% year over year to $1.11 billion, while adjusted earnings increased 72% to $2.15 per share.</p>\n<p>Skyworks' guidance was also impressive. The company expects revenue to jump 36% year over year in the fourth quarter at the midpoint of its guidance range, while adjusted earnings are expected to increase 37%. But Skyworks can trounce expectations, like it has done over the past few quarters, as both its businesses are firing on all cylinders.</p>\n<p>The mobile business recorded year-over-year growth of 52%, while the non-mobile broad markets segment registered 50% growth last quarter. The good news for Skyworks investors is that both segments are sitting on secular catalysts.</p>\n<p>The mobile business is benefiting from the global rollout of 5G smartphones. Skyworks is in a prime position to take advantage of the boom in 5G smartphone sales thanks to its broad customer base. The chipmaker supplies its components to&nbsp;<b>Apple</b>(NASDAQ:AAPL), its largest customer with 56% of sales last fiscal year, and a clutch of top Android smartphone original equipment manufacturers such as Oppo, Vivo, and&nbsp;<b>Xiaomi</b>, among others.</p>\n<p>Apple is going to be one of Skyworks' biggest growth drivers given its influence on the chipmaker's top line and the solid demand for the 5G-enabled iPhones. The iPhone 12 has been a runaway hit for Apple with sales of the series crossing 100 million units within just seven months of launch according to Counterpoint Research.</p>\n<p>The momentum looks all set to continue with this year's iPhone launch. A recently conducted third-party survey of 3,000 iPhone owners over 18 years old revealed&nbsp;that 44% of them are willing to buy the 2021 iPhone models. Not surprisingly, Apple has reportedly increased the initial production batch of the 2021 iPhones to 90 million units from 75 million units last year. So, Skyworks' largest mobile customer seems set for better times ahead, and the same can be said about the broad markets segment.</p>\n<p>Skyworks said on its latest&nbsp;earnings conference call&nbsp;that the broad markets segment is \"benefiting from strong demand for [Internet of Things] solutions, including WiFi 6 and 6E and smart audio, as well as emerging use cases in industrial and automotive markets.\"</p>\n<p>Investors should note that these markets have a lot of room for growth. The market for WiFi 6 chips is set to grow at an annual pace of nearly 22% for the next five&nbsp;years, while the connected car market is on track to record 17% annual growth through 2027, according to third-party estimates.</p>\n<p>Skyworks Solutions can keep firing on all cylinders, and investors would do well to buy the stock given its enticing valuation.</p>\n<p><b>Buying Advanced Micro Devices is a no-brainer</b></p>\n<p>AMD delivered sizzling second-quarter results&nbsp;recently. The company's revenue almost doubled year-over-year to $3.85 billion and adjusted earnings per share jumped 250% to $0.63. This outstanding performance encouraged AMD to raise its full-year revenue and margin guidance.</p>\n<p>AMD now anticipates 60% revenue growth in 2021, up from its original forecast of 37% growth&nbsp;issued in January this year. The company has also increased its adjusted&nbsp;gross margin estimate for 2021 to 48% from the earlier forecast of 47%. The interesting thing to note here is that AMD stock trades at a discount to its historical multiples. The company's trailing earnings multiple&nbsp;of 37 is lower than last year's average of 124, while the price-to-sales ratio of 9.4 represents a discount to AMD's 2020 multiple of 12.7.</p>\n<p>Given that AMD had delivered 45% revenue growth&nbsp;in 2020 and is on track to do better this year, buying the stock looks like a no-brainer. What's more, buying AMD stock will help investors take advantage of its impressive market share gains against&nbsp;<b>Intel</b>&nbsp;and the fast-growing gaming console market.</p>\n<p>Mercury Research reports&nbsp;that AMD's share of the x86 server market has hit a 14-year high of 22.5% in the second quarter of 2021. The company controlled just 12.3%&nbsp;of this market at the end of 2018. AMD's rapid market share gains against Intel are here to stay as it&nbsp;enjoys a technological advantage. That could translate into more revenue for AMD as Intel's client computing group generated&nbsp;$40 billion in revenue last year, while the former's total revenue was $9.8 billion&nbsp;in 2020.</p>\n<p>Meanwhile, AMD is winning big from the latest generation of gaming consoles. This is evident from the growth in the company's enterprise, embedded, and semi-custom segment that grew 183% year over year last quarter. AMD expects&nbsp;\"console demand to remain strong throughout the year,\" and the addition of a new console customer&nbsp;in the form of Valve's Steam Deck could give the segment&nbsp;a shot in the arm.</p>\n<p>Such tailwinds make it clear why AMD's earnings are expected&nbsp;to clock a 30%-plus annual growth rate over the long run, which is why investors should consider taking advantage of the relatively cheap valuation and buy this&nbsp;growth stock.</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>These 3 Stocks Are Screaming Buys Right Now</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\">\nThese 3 Stocks Are Screaming Buys Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 16:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/24/these-3-stocks-are-screaming-buys-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe growing demand for gaming hardware is going to be a secular catalyst for Corsair Gaming.\nSkyworks Solutions is firing on all cylinders thanks to the growth in 5G smartphones and the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/24/these-3-stocks-are-screaming-buys-right-now/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SWKS":"思佳讯","AMD":"美国超微公司","CRSR":"Corsair Gaming, Inc."},"source_url":"https://www.fool.com/investing/2021/08/24/these-3-stocks-are-screaming-buys-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169751382","content_text":"Key Points\n\nThe growing demand for gaming hardware is going to be a secular catalyst for Corsair Gaming.\nSkyworks Solutions is firing on all cylinders thanks to the growth in 5G smartphones and the increasing demand for wireless connectivity.\nAMD's market share gains and additional catalysts such as gaming consoles make it a bargain right now given its valuation.\n\nWhat's common between Corsair Gaming(NASDAQ:CRSR),Skyworks Solutions(NASDAQ:SWKS), and Advanced Micro Devices(NASDAQ:AMD)apart from the fact that all three tech companies are growing at a terrific pace? They are trading at attractive valuations, making them ideal bets for investors looking to invest in growth companies without paying through the nose.\nLet's look at the reasons why investors on the hunt for growth stocks trading at reasonable valuations should consider buying them right away.\nIMAGE SOURCE: GETTY IMAGES.\nCorsair Gaming is dirt cheap despite sitting on a massive opportunity\nCorsair Gaming has had a forgettable 2021 so far as shares of the video gaming hardware and peripherals maker have pulled back substantially despite a string of impressive quarterly results.\nCRSR DATA BY YCHARTS\nThe company's second-quarter results couldn't stop the stock slide either as adjusted earnings of $0.36 per share missed the Wall Street estimate of $0.39 and was a penny lower than the year-ago period's figure. Corsair's adjusted earnings before interest, taxes, depreciation, and amortization, or EBITDA, margin also fell 210 basis points year over year.\nThe market seems to be ignoring the fact that Corsair put in a record performance last quarter despite facing several challenges. Its revenue increased 24.3% year over year to $472.9 million and exceeded expectations. Corsair's performance could have been much better had it not run into component shortages, port delays, and pandemic-related shutdowns. Additionally, the company saw \"significant increases in logistic costs, particularly ocean freight,\" which impacted margins across the board and hurt the bottom line.\nCorsair has maintained its full-year guidance despite the challenges it faced last quarter. More importantly, the company remains upbeat about its long-term prospects thanks to the growth in the number of people playing video games.\nCorsair management points out that the PC gaming peripheral market was growing at an annual rate of 24% in the U.S. before the pandemic. Since last year, the market is clocking 80% annual growth thanks to the addition of new gamers as well as equipment upgrades by existing ones. Corsair estimates it is now sitting on an upgrade cycle that could help it sustain its impressive growth.\nCiting NPD data, Corsair said on the Q2 earnings call that sales of keyboards and mice are growing at a faster pace than headsets. This points toward an upgrade cycle as headsets are the most widely sold peripherals. The faster growth of mice and keyboards suggests that gamers are buying better equipment to improve their gameplay.\nThird-party research suggests that this upgrade cycle is going to add billions of dollars in addressable opportunity for Corsair. Technavio estimates that the global PC peripheral market could add $43.4 billion in revenue through 2024. Meanwhile, sales of high-end PC gaming hardware are expected to double by 2024 as compared to last year, according to Jon Peddie Research.\nAs such, Corsair Gaming seems built for long-term growth and investors should look past the near-term headwinds, especially considering that it is trading at just 1.25 times sales and 16.3 times trailing earnings. These multiples, along with its bright prospects, make Corsair a screaming buy right now as it is way cheaper than the S&P 500's price-to-sales ratioof 3.2 and earnings multiple of 31.\nSkyworks Solutions' terrific momentum is here to stay\nWith a trailing price-to-earnings ratio of 21.4 and a forward earnings multiple of less than 16, buying Skyworks Solutions stock right now is a no-brainer given the pace at which it has been growing. The company's revenue in the recently reported fiscal third quarter increased 52% year over year to $1.11 billion, while adjusted earnings increased 72% to $2.15 per share.\nSkyworks' guidance was also impressive. The company expects revenue to jump 36% year over year in the fourth quarter at the midpoint of its guidance range, while adjusted earnings are expected to increase 37%. But Skyworks can trounce expectations, like it has done over the past few quarters, as both its businesses are firing on all cylinders.\nThe mobile business recorded year-over-year growth of 52%, while the non-mobile broad markets segment registered 50% growth last quarter. The good news for Skyworks investors is that both segments are sitting on secular catalysts.\nThe mobile business is benefiting from the global rollout of 5G smartphones. Skyworks is in a prime position to take advantage of the boom in 5G smartphone sales thanks to its broad customer base. The chipmaker supplies its components to Apple(NASDAQ:AAPL), its largest customer with 56% of sales last fiscal year, and a clutch of top Android smartphone original equipment manufacturers such as Oppo, Vivo, and Xiaomi, among others.\nApple is going to be one of Skyworks' biggest growth drivers given its influence on the chipmaker's top line and the solid demand for the 5G-enabled iPhones. The iPhone 12 has been a runaway hit for Apple with sales of the series crossing 100 million units within just seven months of launch according to Counterpoint Research.\nThe momentum looks all set to continue with this year's iPhone launch. A recently conducted third-party survey of 3,000 iPhone owners over 18 years old revealed that 44% of them are willing to buy the 2021 iPhone models. Not surprisingly, Apple has reportedly increased the initial production batch of the 2021 iPhones to 90 million units from 75 million units last year. So, Skyworks' largest mobile customer seems set for better times ahead, and the same can be said about the broad markets segment.\nSkyworks said on its latest earnings conference call that the broad markets segment is \"benefiting from strong demand for [Internet of Things] solutions, including WiFi 6 and 6E and smart audio, as well as emerging use cases in industrial and automotive markets.\"\nInvestors should note that these markets have a lot of room for growth. The market for WiFi 6 chips is set to grow at an annual pace of nearly 22% for the next five years, while the connected car market is on track to record 17% annual growth through 2027, according to third-party estimates.\nSkyworks Solutions can keep firing on all cylinders, and investors would do well to buy the stock given its enticing valuation.\nBuying Advanced Micro Devices is a no-brainer\nAMD delivered sizzling second-quarter results recently. The company's revenue almost doubled year-over-year to $3.85 billion and adjusted earnings per share jumped 250% to $0.63. This outstanding performance encouraged AMD to raise its full-year revenue and margin guidance.\nAMD now anticipates 60% revenue growth in 2021, up from its original forecast of 37% growth issued in January this year. The company has also increased its adjusted gross margin estimate for 2021 to 48% from the earlier forecast of 47%. The interesting thing to note here is that AMD stock trades at a discount to its historical multiples. The company's trailing earnings multiple of 37 is lower than last year's average of 124, while the price-to-sales ratio of 9.4 represents a discount to AMD's 2020 multiple of 12.7.\nGiven that AMD had delivered 45% revenue growth in 2020 and is on track to do better this year, buying the stock looks like a no-brainer. What's more, buying AMD stock will help investors take advantage of its impressive market share gains against Intel and the fast-growing gaming console market.\nMercury Research reports that AMD's share of the x86 server market has hit a 14-year high of 22.5% in the second quarter of 2021. The company controlled just 12.3% of this market at the end of 2018. AMD's rapid market share gains against Intel are here to stay as it enjoys a technological advantage. That could translate into more revenue for AMD as Intel's client computing group generated $40 billion in revenue last year, while the former's total revenue was $9.8 billion in 2020.\nMeanwhile, AMD is winning big from the latest generation of gaming consoles. This is evident from the growth in the company's enterprise, embedded, and semi-custom segment that grew 183% year over year last quarter. AMD expects \"console demand to remain strong throughout the year,\" and the addition of a new console customer in the form of Valve's Steam Deck could give the segment a shot in the arm.\nSuch tailwinds make it clear why AMD's earnings are expected to clock a 30%-plus annual growth rate over the long run, which is why investors should consider taking advantage of the relatively cheap valuation and buy this growth stock.","news_type":1,"symbols_score_info":{"SWKS":0.9,"CRSR":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9076968462,"gmtCreate":1657773317956,"gmtModify":1676536060290,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"I don't get the explaination that Russian-Ukraine conflict is the main factor of the component shortage for chip manufacturing. Ukraine produces 50% of neon gas for the chip industry. Even with Ukraine out, China and Russia have huge amount of neon to supply the world. The problem is politic and economic because they will sell it at their conditions and price they want. Welcome to the reality of these bulls*** sanctions.","listText":"I don't get the explaination that Russian-Ukraine conflict is the main factor of the component shortage for chip manufacturing. Ukraine produces 50% of neon gas for the chip industry. Even with Ukraine out, China and Russia have huge amount of neon to supply the world. The problem is politic and economic because they will sell it at their conditions and price they want. Welcome to the reality of these bulls*** sanctions.","text":"I don't get the explaination that Russian-Ukraine conflict is the main factor of the component shortage for chip manufacturing. Ukraine produces 50% of neon gas for the chip industry. Even with Ukraine out, China and Russia have huge amount of neon to supply the world. The problem is politic and economic because they will sell it at their conditions and price they want. Welcome to the reality of these bulls*** sanctions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076968462","repostId":"1195746189","repostType":4,"repost":{"id":"1195746189","kind":"news","pubTimestamp":1657763389,"share":"https://ttm.financial/m/news/1195746189?lang=en_US&edition=fundamental","pubTime":"2022-07-14 09:49","market":"sg","language":"en","title":"2022 Semiconductors Mid-Year Review: Can AEM and its Peers Still Grow?","url":"https://stock-news.laohu8.com/highlight/detail?id=1195746189","media":"The Smart Investor","summary":"With disruptions across the semiconductor supply chain, can electronic and semiconductor players sti","content":"<html><head></head><body><p>With disruptions across the semiconductor supply chain, can electronic and semiconductor players still grow their top and bottom lines?</p><p><img src=\"https://static.tigerbbs.com/cc3046d9f374ec102a9720b9da685398\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>Time flies, and it’s now halfway through the year.</p><p>We had just concluded the mid-year review of the Singapore banking sector as the lenders grapple with rising interest rates.</p><p>It’s time to turn our attention to the semiconductor industry as it is responsible for powering the devices that we use daily – our cars, computers, smartphones and laptops.</p><p>There is a bunch of companies listed in Singapore that cover the spectrum of semiconductor chips, components and testing services for their clients.</p><p>These include <b>AEM Holdings Ltd</b> (SGX: AWX), <b>UMS Holdings</b> (SGX: 558), <b>Micro-Mechanics (Holdings) Ltd</b> (SGX: 5DD), blue-chip <b>Venture Corporation Limited</b> (SGX: V03), <b>Global Testing Corporation</b> (SGX: AYN), and <b>Frencken Group Limited</b> (SGX: E28).</p><p>Let’s delve into the demand and supply angles to determine if the companies above can still grow.</p><p><b>A dire warning</b></p><p>Earlier this month, major chipmakers sounded a dire warning.</p><p>Both <b>Micron Technology</b> (NASDAQ: MU) and <b>Advanced Micro Devices</b> (NASDAQ: AMD), or AMD, signalled that the two-year global shortage was easing.</p><p>The reason?</p><p>Surging inflation and weaker economic growth are responsible for hitting the brakes on consumer demand and corporate spending.</p><p>In particular, Micro had forecasted a worse-than-expected revenue for its current quarter and remarked that the market had “weakened considerably”.</p><p>AMD highlighted a slowdown in personal computer sales last month after two years of strong growth.</p><p><b>Demand remains resilient</b></p><p>While the two chipmakers’ warnings sound alarming, it’s important to put things in perspective.</p><p>2020 and 2021 saw a big jump in chip orders as huge numbers of people embraced the internet and went online. Numerous businesses were also pushed to digitalise to survive in the wake of the pandemic.</p><p>Companies that benefitted from this surge had it good for two years and are now seeing the effects moderating, leading them to report that sales and demand had “slowed”.</p><p>Coming off a high base, it’s not surprising that companies such as Micron and AMD are sounding an alarm.</p><p>On the flip side,<b>Taiwan Semiconductor Manufacturing Co</b> (TPE: 2330), one of the world’s largest microchip manufacturers, signalled this week that demand is holding up.</p><p>It reported revenue that exceeded analysts’ expectations, while <b>Samsung Electronics</b> (KRX: 005930) announced a better-than-expected 21% year on year jump in revenue.</p><p>To figure out the true picture, let’s take a look at some indicators on the supply side.</p><p><b>Snarled supply chains</b></p><p>In the medical technology (MedTech) sector, there is still an acute semiconductor shortage.</p><p>A survey conducted in April this year revealed that almost 80% of the respondents reported longer lead times for products to arrive, leading hospitals and healthcare institutions to look for alternative sources and products.</p><p>Over at the automotive sector, the shortage of semiconductors plaguing the industry is unlikely to be settled this year, according to the CEO of Mercedes Benz India.</p><p>The situation may only improve in 2023.</p><p>Meanwhile, SEMI, a global association of companies involved in electronics design and the manufacturing supply chain, now believes that the problem is more complex than initially thought.</p><p>While snarled supply chains are responsible for the lack of supply early in the pandemic, it’s now a problem of not having enough chips to manufacture more chips.</p><p>CEO of SEMI, Ajit Monacha, highlighted that the toolmakers for semiconductor fabs need chips themselves to grow capacity to supply chipmakers with the components to manufacture more.</p><p>The Russian-Ukraine conflict is worsening this problem as most of the materials needed come from Ukraine, and it will take months, or even years before new plants are up and running to ease the supply crunch.</p><p><b>Get Smart: A mixed outlook</b></p><p>From the above, it’s clear that demand remains high for microchips and semiconductors due to residual elevated demand from the pandemic.</p><p>However, supply chain problems could interfere with chip manufacturers’ orders, resulting in lower volumes.</p><p>These problems will, in turn, affect the Singapore-listed players that are supplying components or testing solutions to these larger players.</p><p>The good news, though, is that demand remains firm, as highlighted by the World Semiconductor Trade Statistics (WSTS).</p><p>WSTS projects that the global semiconductor market will grow by 8.8% year on year to US$601 billion.</p><p>With demand still high, the companies need to wait for the supply-side issues to sort themselves out.</p><p>It may take some time, but they should all eventually post higher sales and net profits.</p></body></html>","source":"lsy1602567310727","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: 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\">\n2022 Semiconductors Mid-Year Review: Can AEM and its Peers Still Grow?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-14 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/2022-semiconductors-mid-year-review-can-aem-and-its-peers-still-grow/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With disruptions across the semiconductor supply chain, can electronic and semiconductor players still grow their top and bottom lines?Time flies, and it’s now halfway through the year.We had just ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/2022-semiconductors-mid-year-review-can-aem-and-its-peers-still-grow/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"558.SI":"UMS控股","5DD.SI":"微机械","E28.SI":"福根集团有限公司","V03.SI":"创业公司","AWX.SI":"永科","AYN.SI":"寰邦科技"},"source_url":"https://thesmartinvestor.com.sg/2022-semiconductors-mid-year-review-can-aem-and-its-peers-still-grow/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195746189","content_text":"With disruptions across the semiconductor supply chain, can electronic and semiconductor players still grow their top and bottom lines?Time flies, and it’s now halfway through the year.We had just concluded the mid-year review of the Singapore banking sector as the lenders grapple with rising interest rates.It’s time to turn our attention to the semiconductor industry as it is responsible for powering the devices that we use daily – our cars, computers, smartphones and laptops.There is a bunch of companies listed in Singapore that cover the spectrum of semiconductor chips, components and testing services for their clients.These include AEM Holdings Ltd (SGX: AWX), UMS Holdings (SGX: 558), Micro-Mechanics (Holdings) Ltd (SGX: 5DD), blue-chip Venture Corporation Limited (SGX: V03), Global Testing Corporation (SGX: AYN), and Frencken Group Limited (SGX: E28).Let’s delve into the demand and supply angles to determine if the companies above can still grow.A dire warningEarlier this month, major chipmakers sounded a dire warning.Both Micron Technology (NASDAQ: MU) and Advanced Micro Devices (NASDAQ: AMD), or AMD, signalled that the two-year global shortage was easing.The reason?Surging inflation and weaker economic growth are responsible for hitting the brakes on consumer demand and corporate spending.In particular, Micro had forecasted a worse-than-expected revenue for its current quarter and remarked that the market had “weakened considerably”.AMD highlighted a slowdown in personal computer sales last month after two years of strong growth.Demand remains resilientWhile the two chipmakers’ warnings sound alarming, it’s important to put things in perspective.2020 and 2021 saw a big jump in chip orders as huge numbers of people embraced the internet and went online. Numerous businesses were also pushed to digitalise to survive in the wake of the pandemic.Companies that benefitted from this surge had it good for two years and are now seeing the effects moderating, leading them to report that sales and demand had “slowed”.Coming off a high base, it’s not surprising that companies such as Micron and AMD are sounding an alarm.On the flip side,Taiwan Semiconductor Manufacturing Co (TPE: 2330), one of the world’s largest microchip manufacturers, signalled this week that demand is holding up.It reported revenue that exceeded analysts’ expectations, while Samsung Electronics (KRX: 005930) announced a better-than-expected 21% year on year jump in revenue.To figure out the true picture, let’s take a look at some indicators on the supply side.Snarled supply chainsIn the medical technology (MedTech) sector, there is still an acute semiconductor shortage.A survey conducted in April this year revealed that almost 80% of the respondents reported longer lead times for products to arrive, leading hospitals and healthcare institutions to look for alternative sources and products.Over at the automotive sector, the shortage of semiconductors plaguing the industry is unlikely to be settled this year, according to the CEO of Mercedes Benz India.The situation may only improve in 2023.Meanwhile, SEMI, a global association of companies involved in electronics design and the manufacturing supply chain, now believes that the problem is more complex than initially thought.While snarled supply chains are responsible for the lack of supply early in the pandemic, it’s now a problem of not having enough chips to manufacture more chips.CEO of SEMI, Ajit Monacha, highlighted that the toolmakers for semiconductor fabs need chips themselves to grow capacity to supply chipmakers with the components to manufacture more.The Russian-Ukraine conflict is worsening this problem as most of the materials needed come from Ukraine, and it will take months, or even years before new plants are up and running to ease the supply crunch.Get Smart: A mixed outlookFrom the above, it’s clear that demand remains high for microchips and semiconductors due to residual elevated demand from the pandemic.However, supply chain problems could interfere with chip manufacturers’ orders, resulting in lower volumes.These problems will, in turn, affect the Singapore-listed players that are supplying components or testing solutions to these larger players.The good news, though, is that demand remains firm, as highlighted by the World Semiconductor Trade Statistics (WSTS).WSTS projects that the global semiconductor market will grow by 8.8% year on year to US$601 billion.With demand still high, the companies need to wait for the supply-side issues to sort themselves out.It may take some time, but they should all eventually post higher sales and net profits.","news_type":1,"symbols_score_info":{"558.SI":0.9,"5DD.SI":0.9,"V03.SI":0.9,"AWX.SI":0.9,"E28.SI":0.9,"AYN.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2945,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575889284821775","authorId":"3575889284821775","name":"Jackal","avatar":"https://static.tigerbbs.com/2136f45897935c64401ef537e9af93c9","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3575889284821775","idStr":"3575889284821775"},"content":"Its all about geopolitics now . Globalization in its ideal form almost dead. No more comparative advantage economics. Its all about keeping resources and vital products for each national interest.","text":"Its all about geopolitics now . Globalization in its ideal form almost dead. No more comparative advantage economics. Its all about keeping resources and vital products for each national interest.","html":"Its all about geopolitics now . Globalization in its ideal form almost dead. No more comparative advantage economics. Its all about keeping resources and vital products for each national interest."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125494586,"gmtCreate":1624684128045,"gmtModify":1703843619321,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"I tend to agree with this analysis… although i would probably add that the price tag is quite different when comparing AAPL with the others.Hence, there is also a choice to make when you consider that 1 share of Alphabet at current market price of $2350 could give you about 20 shares of Apple (approximately).Personally i bought AAPL because of this but&nbsp;will, soon,&nbsp;also invest in Alphabet because i believe thatGoogle is here to stay, at least for the next decade, given the gold mine they sit upon (our data).","listText":"I tend to agree with this analysis… although i would probably add that the price tag is quite different when comparing AAPL with the others.Hence, there is also a choice to make when you consider that 1 share of Alphabet at current market price of $2350 could give you about 20 shares of Apple (approximately).Personally i bought AAPL because of this but&nbsp;will, soon,&nbsp;also invest in Alphabet because i believe thatGoogle is here to stay, at least for the next decade, given the gold mine they sit upon (our data).","text":"I tend to agree with this analysis… although i would probably add that the price tag is quite different when comparing AAPL with the others.Hence, there is also a choice to make when you consider that 1 share of Alphabet at current market price of $2350 could give you about 20 shares of Apple (approximately).Personally i bought AAPL because of this but will, soon, also invest in Alphabet because i believe thatGoogle is here to stay, at least for the next decade, given the gold mine they sit upon (our data).","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/125494586","repostId":"1108941456","repostType":4,"isVote":1,"tweetType":1,"viewCount":1050,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583318222987864","authorId":"3583318222987864","name":"TheMilkyWay","avatar":"https://static.tigerbbs.com/190d59bcbcc876e15543cbd430d8c1f2","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3583318222987864","idStr":"3583318222987864"},"content":"There is also YouTube, that brings in a lot for them. But Google is also gonna stop accepting third party cookies on Chrome in 2023. I am still unsure if that’s gonna affecT digital ad revenue.","text":"There is also YouTube, that brings in a lot for them. But Google is also gonna stop accepting third party cookies on Chrome in 2023. I am still unsure if that’s gonna affecT digital ad revenue.","html":"There is also YouTube, that brings in a lot for them. But Google is also gonna stop accepting third party cookies on Chrome in 2023. I am still unsure if that’s gonna affecT digital ad revenue."},{"author":{"id":"3583318222987864","authorId":"3583318222987864","name":"TheMilkyWay","avatar":"https://static.tigerbbs.com/190d59bcbcc876e15543cbd430d8c1f2","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3583318222987864","idStr":"3583318222987864"},"content":"I agree. I only hold 1 Alphabet stock now. Will slowly load up. Google is too pervasive in our everyday lives already, not going anywhere. And digital ad spend has been on the rise, even more so now.","text":"I agree. I only hold 1 Alphabet stock now. Will slowly load up. Google is too pervasive in our everyday lives already, not going anywhere. And digital ad spend has been on the rise, even more so now.","html":"I agree. I only hold 1 Alphabet stock now. Will slowly load up. Google is too pervasive in our everyday lives already, not going anywhere. And digital ad spend has been on the rise, even more so now."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837696692,"gmtCreate":1629880694316,"gmtModify":1676530160738,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Totally agree as for as AMD is concerned. It’s already in my portfolio for a while and this confirms it was a good idea.","listText":"Totally agree as for as AMD is concerned. It’s already in my portfolio for a while and this confirms it was a good idea.","text":"Totally agree as for as AMD is concerned. It’s already in my portfolio for a while and this confirms it was a good idea.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/837696692","repostId":"1169751382","repostType":4,"repost":{"id":"1169751382","kind":"news","pubTimestamp":1629879820,"share":"https://ttm.financial/m/news/1169751382?lang=en_US&edition=fundamental","pubTime":"2021-08-25 16:23","market":"us","language":"en","title":"These 3 Stocks Are Screaming Buys Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1169751382","media":"Motley Fool","summary":"Looking to buy high-growth companies at attractive valuations? These three tech stocks fit the bill.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>The growing demand for gaming hardware is going to be a secular catalyst for Corsair Gaming.</li>\n <li>Skyworks Solutions is firing on all cylinders thanks to the growth in 5G smartphones and the increasing demand for wireless connectivity.</li>\n <li>AMD's market share gains and additional catalysts such as gaming consoles make it a bargain right now given its valuation.</li>\n</ul>\n<p>What's common between&nbsp;<b>Corsair Gaming</b>(NASDAQ:CRSR),<b>Skyworks Solutions</b>(NASDAQ:SWKS), and&nbsp;<b>Advanced Micro Devices</b>(NASDAQ:AMD)apart from the fact that all three tech companies are growing at a terrific pace? They are trading at attractive valuations, making them ideal bets for investors looking to invest in growth companies without paying through the nose.</p>\n<p>Let's look at the reasons why investors on the hunt for growth stocks trading at reasonable valuations should consider buying them right away.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a85a3d070859a23d9b83eeb5aec6bd20\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Corsair Gaming is dirt cheap despite sitting on a massive opportunity</b></p>\n<p>Corsair Gaming has had a forgettable 2021 so far as shares of the video gaming hardware and peripherals maker have pulled back substantially despite a string of&nbsp;impressive quarterly results.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8db1514c477432cdd4253e3332528f46\" tg-width=\"720\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>CRSR DATA BY YCHARTS</span></p>\n<p>The company's second-quarter results couldn't stop the stock slide either as adjusted earnings of $0.36 per share missed the Wall Street estimate of $0.39 and was a penny lower than the year-ago period's figure. Corsair's adjusted earnings before interest, taxes, depreciation, and amortization, or EBITDA, margin also fell 210 basis points year over year.</p>\n<p>The market seems to be ignoring the fact that Corsair put in a record performance last quarter despite facing several challenges. Its revenue increased 24.3% year over year to $472.9 million and exceeded&nbsp;expectations. Corsair's performance could have been much better had it not run into component shortages, port delays, and pandemic-related&nbsp;shutdowns. Additionally, the company saw \"significant increases in logistic costs, particularly ocean freight,\" which impacted margins across the board and hurt the bottom line.</p>\n<p>Corsair has maintained&nbsp;its full-year guidance despite the challenges it faced last quarter. More importantly, the company remains upbeat about its long-term prospects thanks to the growth in the number of people playing video games.</p>\n<p>Corsair management points out that the PC gaming peripheral market was growing at an annual rate of 24% in the U.S. before the pandemic. Since last year, the market is clocking 80% annual growth thanks to the addition of new gamers as well as equipment upgrades by existing ones. Corsair estimates it is now sitting on an upgrade cycle that could help it sustain its impressive growth.</p>\n<p>Citing NPD data, Corsair said on the Q2 earnings call that sales of keyboards and mice are growing at a faster pace than headsets. This points toward an upgrade cycle as headsets are the most widely sold peripherals. The faster growth of mice and keyboards suggests that gamers are buying better equipment to improve their gameplay.</p>\n<p>Third-party research suggests that this upgrade cycle is going to add billions of dollars in addressable opportunity for Corsair. Technavio estimates that the global PC peripheral market could add&nbsp;$43.4 billion in revenue through 2024. Meanwhile, sales of high-end PC gaming hardware are expected to double by 2024 as compared to last year, according&nbsp;to Jon Peddie Research.</p>\n<p>As such, Corsair Gaming seems built for long-term growth and investors should look past the near-term headwinds, especially considering that it is trading&nbsp;at just 1.25 times sales and 16.3 times trailing earnings. These multiples, along with its bright prospects, make Corsair a screaming buy right now as it is way cheaper than the&nbsp;<b>S&amp;P 500</b>'s&nbsp;price-to-sales ratioof&nbsp;3.2 and earnings multiple of 31.</p>\n<p><b>Skyworks Solutions' terrific momentum is here to stay</b></p>\n<p>With a trailing&nbsp;price-to-earnings ratio&nbsp;of 21.4 and a forward earnings multiple of less than 16, buying Skyworks Solutions stock right now is a no-brainer given the pace at which it has been growing. The company's revenue in the recently reported fiscal third quarter increased 52% year over year to $1.11 billion, while adjusted earnings increased 72% to $2.15 per share.</p>\n<p>Skyworks' guidance was also impressive. The company expects revenue to jump 36% year over year in the fourth quarter at the midpoint of its guidance range, while adjusted earnings are expected to increase 37%. But Skyworks can trounce expectations, like it has done over the past few quarters, as both its businesses are firing on all cylinders.</p>\n<p>The mobile business recorded year-over-year growth of 52%, while the non-mobile broad markets segment registered 50% growth last quarter. The good news for Skyworks investors is that both segments are sitting on secular catalysts.</p>\n<p>The mobile business is benefiting from the global rollout of 5G smartphones. Skyworks is in a prime position to take advantage of the boom in 5G smartphone sales thanks to its broad customer base. The chipmaker supplies its components to&nbsp;<b>Apple</b>(NASDAQ:AAPL), its largest customer with 56% of sales last fiscal year, and a clutch of top Android smartphone original equipment manufacturers such as Oppo, Vivo, and&nbsp;<b>Xiaomi</b>, among others.</p>\n<p>Apple is going to be one of Skyworks' biggest growth drivers given its influence on the chipmaker's top line and the solid demand for the 5G-enabled iPhones. The iPhone 12 has been a runaway hit for Apple with sales of the series crossing 100 million units within just seven months of launch according to Counterpoint Research.</p>\n<p>The momentum looks all set to continue with this year's iPhone launch. A recently conducted third-party survey of 3,000 iPhone owners over 18 years old revealed&nbsp;that 44% of them are willing to buy the 2021 iPhone models. Not surprisingly, Apple has reportedly increased the initial production batch of the 2021 iPhones to 90 million units from 75 million units last year. So, Skyworks' largest mobile customer seems set for better times ahead, and the same can be said about the broad markets segment.</p>\n<p>Skyworks said on its latest&nbsp;earnings conference call&nbsp;that the broad markets segment is \"benefiting from strong demand for [Internet of Things] solutions, including WiFi 6 and 6E and smart audio, as well as emerging use cases in industrial and automotive markets.\"</p>\n<p>Investors should note that these markets have a lot of room for growth. The market for WiFi 6 chips is set to grow at an annual pace of nearly 22% for the next five&nbsp;years, while the connected car market is on track to record 17% annual growth through 2027, according to third-party estimates.</p>\n<p>Skyworks Solutions can keep firing on all cylinders, and investors would do well to buy the stock given its enticing valuation.</p>\n<p><b>Buying Advanced Micro Devices is a no-brainer</b></p>\n<p>AMD delivered sizzling second-quarter results&nbsp;recently. The company's revenue almost doubled year-over-year to $3.85 billion and adjusted earnings per share jumped 250% to $0.63. This outstanding performance encouraged AMD to raise its full-year revenue and margin guidance.</p>\n<p>AMD now anticipates 60% revenue growth in 2021, up from its original forecast of 37% growth&nbsp;issued in January this year. The company has also increased its adjusted&nbsp;gross margin estimate for 2021 to 48% from the earlier forecast of 47%. The interesting thing to note here is that AMD stock trades at a discount to its historical multiples. The company's trailing earnings multiple&nbsp;of 37 is lower than last year's average of 124, while the price-to-sales ratio of 9.4 represents a discount to AMD's 2020 multiple of 12.7.</p>\n<p>Given that AMD had delivered 45% revenue growth&nbsp;in 2020 and is on track to do better this year, buying the stock looks like a no-brainer. What's more, buying AMD stock will help investors take advantage of its impressive market share gains against&nbsp;<b>Intel</b>&nbsp;and the fast-growing gaming console market.</p>\n<p>Mercury Research reports&nbsp;that AMD's share of the x86 server market has hit a 14-year high of 22.5% in the second quarter of 2021. The company controlled just 12.3%&nbsp;of this market at the end of 2018. AMD's rapid market share gains against Intel are here to stay as it&nbsp;enjoys a technological advantage. That could translate into more revenue for AMD as Intel's client computing group generated&nbsp;$40 billion in revenue last year, while the former's total revenue was $9.8 billion&nbsp;in 2020.</p>\n<p>Meanwhile, AMD is winning big from the latest generation of gaming consoles. This is evident from the growth in the company's enterprise, embedded, and semi-custom segment that grew 183% year over year last quarter. AMD expects&nbsp;\"console demand to remain strong throughout the year,\" and the addition of a new console customer&nbsp;in the form of Valve's Steam Deck could give the segment&nbsp;a shot in the arm.</p>\n<p>Such tailwinds make it clear why AMD's earnings are expected&nbsp;to clock a 30%-plus annual growth rate over the long run, which is why investors should consider taking advantage of the relatively cheap valuation and buy this&nbsp;growth stock.</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>These 3 Stocks Are Screaming Buys Right Now</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\">\nThese 3 Stocks Are Screaming Buys Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 16:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/24/these-3-stocks-are-screaming-buys-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe growing demand for gaming hardware is going to be a secular catalyst for Corsair Gaming.\nSkyworks Solutions is firing on all cylinders thanks to the growth in 5G smartphones and the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/24/these-3-stocks-are-screaming-buys-right-now/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SWKS":"思佳讯","AMD":"美国超微公司","CRSR":"Corsair Gaming, Inc."},"source_url":"https://www.fool.com/investing/2021/08/24/these-3-stocks-are-screaming-buys-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169751382","content_text":"Key Points\n\nThe growing demand for gaming hardware is going to be a secular catalyst for Corsair Gaming.\nSkyworks Solutions is firing on all cylinders thanks to the growth in 5G smartphones and the increasing demand for wireless connectivity.\nAMD's market share gains and additional catalysts such as gaming consoles make it a bargain right now given its valuation.\n\nWhat's common between Corsair Gaming(NASDAQ:CRSR),Skyworks Solutions(NASDAQ:SWKS), and Advanced Micro Devices(NASDAQ:AMD)apart from the fact that all three tech companies are growing at a terrific pace? They are trading at attractive valuations, making them ideal bets for investors looking to invest in growth companies without paying through the nose.\nLet's look at the reasons why investors on the hunt for growth stocks trading at reasonable valuations should consider buying them right away.\nIMAGE SOURCE: GETTY IMAGES.\nCorsair Gaming is dirt cheap despite sitting on a massive opportunity\nCorsair Gaming has had a forgettable 2021 so far as shares of the video gaming hardware and peripherals maker have pulled back substantially despite a string of impressive quarterly results.\nCRSR DATA BY YCHARTS\nThe company's second-quarter results couldn't stop the stock slide either as adjusted earnings of $0.36 per share missed the Wall Street estimate of $0.39 and was a penny lower than the year-ago period's figure. Corsair's adjusted earnings before interest, taxes, depreciation, and amortization, or EBITDA, margin also fell 210 basis points year over year.\nThe market seems to be ignoring the fact that Corsair put in a record performance last quarter despite facing several challenges. Its revenue increased 24.3% year over year to $472.9 million and exceeded expectations. Corsair's performance could have been much better had it not run into component shortages, port delays, and pandemic-related shutdowns. Additionally, the company saw \"significant increases in logistic costs, particularly ocean freight,\" which impacted margins across the board and hurt the bottom line.\nCorsair has maintained its full-year guidance despite the challenges it faced last quarter. More importantly, the company remains upbeat about its long-term prospects thanks to the growth in the number of people playing video games.\nCorsair management points out that the PC gaming peripheral market was growing at an annual rate of 24% in the U.S. before the pandemic. Since last year, the market is clocking 80% annual growth thanks to the addition of new gamers as well as equipment upgrades by existing ones. Corsair estimates it is now sitting on an upgrade cycle that could help it sustain its impressive growth.\nCiting NPD data, Corsair said on the Q2 earnings call that sales of keyboards and mice are growing at a faster pace than headsets. This points toward an upgrade cycle as headsets are the most widely sold peripherals. The faster growth of mice and keyboards suggests that gamers are buying better equipment to improve their gameplay.\nThird-party research suggests that this upgrade cycle is going to add billions of dollars in addressable opportunity for Corsair. Technavio estimates that the global PC peripheral market could add $43.4 billion in revenue through 2024. Meanwhile, sales of high-end PC gaming hardware are expected to double by 2024 as compared to last year, according to Jon Peddie Research.\nAs such, Corsair Gaming seems built for long-term growth and investors should look past the near-term headwinds, especially considering that it is trading at just 1.25 times sales and 16.3 times trailing earnings. These multiples, along with its bright prospects, make Corsair a screaming buy right now as it is way cheaper than the S&P 500's price-to-sales ratioof 3.2 and earnings multiple of 31.\nSkyworks Solutions' terrific momentum is here to stay\nWith a trailing price-to-earnings ratio of 21.4 and a forward earnings multiple of less than 16, buying Skyworks Solutions stock right now is a no-brainer given the pace at which it has been growing. The company's revenue in the recently reported fiscal third quarter increased 52% year over year to $1.11 billion, while adjusted earnings increased 72% to $2.15 per share.\nSkyworks' guidance was also impressive. The company expects revenue to jump 36% year over year in the fourth quarter at the midpoint of its guidance range, while adjusted earnings are expected to increase 37%. But Skyworks can trounce expectations, like it has done over the past few quarters, as both its businesses are firing on all cylinders.\nThe mobile business recorded year-over-year growth of 52%, while the non-mobile broad markets segment registered 50% growth last quarter. The good news for Skyworks investors is that both segments are sitting on secular catalysts.\nThe mobile business is benefiting from the global rollout of 5G smartphones. Skyworks is in a prime position to take advantage of the boom in 5G smartphone sales thanks to its broad customer base. The chipmaker supplies its components to Apple(NASDAQ:AAPL), its largest customer with 56% of sales last fiscal year, and a clutch of top Android smartphone original equipment manufacturers such as Oppo, Vivo, and Xiaomi, among others.\nApple is going to be one of Skyworks' biggest growth drivers given its influence on the chipmaker's top line and the solid demand for the 5G-enabled iPhones. The iPhone 12 has been a runaway hit for Apple with sales of the series crossing 100 million units within just seven months of launch according to Counterpoint Research.\nThe momentum looks all set to continue with this year's iPhone launch. A recently conducted third-party survey of 3,000 iPhone owners over 18 years old revealed that 44% of them are willing to buy the 2021 iPhone models. Not surprisingly, Apple has reportedly increased the initial production batch of the 2021 iPhones to 90 million units from 75 million units last year. So, Skyworks' largest mobile customer seems set for better times ahead, and the same can be said about the broad markets segment.\nSkyworks said on its latest earnings conference call that the broad markets segment is \"benefiting from strong demand for [Internet of Things] solutions, including WiFi 6 and 6E and smart audio, as well as emerging use cases in industrial and automotive markets.\"\nInvestors should note that these markets have a lot of room for growth. The market for WiFi 6 chips is set to grow at an annual pace of nearly 22% for the next five years, while the connected car market is on track to record 17% annual growth through 2027, according to third-party estimates.\nSkyworks Solutions can keep firing on all cylinders, and investors would do well to buy the stock given its enticing valuation.\nBuying Advanced Micro Devices is a no-brainer\nAMD delivered sizzling second-quarter results recently. The company's revenue almost doubled year-over-year to $3.85 billion and adjusted earnings per share jumped 250% to $0.63. This outstanding performance encouraged AMD to raise its full-year revenue and margin guidance.\nAMD now anticipates 60% revenue growth in 2021, up from its original forecast of 37% growth issued in January this year. The company has also increased its adjusted gross margin estimate for 2021 to 48% from the earlier forecast of 47%. The interesting thing to note here is that AMD stock trades at a discount to its historical multiples. The company's trailing earnings multiple of 37 is lower than last year's average of 124, while the price-to-sales ratio of 9.4 represents a discount to AMD's 2020 multiple of 12.7.\nGiven that AMD had delivered 45% revenue growth in 2020 and is on track to do better this year, buying the stock looks like a no-brainer. What's more, buying AMD stock will help investors take advantage of its impressive market share gains against Intel and the fast-growing gaming console market.\nMercury Research reports that AMD's share of the x86 server market has hit a 14-year high of 22.5% in the second quarter of 2021. The company controlled just 12.3% of this market at the end of 2018. AMD's rapid market share gains against Intel are here to stay as it enjoys a technological advantage. That could translate into more revenue for AMD as Intel's client computing group generated $40 billion in revenue last year, while the former's total revenue was $9.8 billion in 2020.\nMeanwhile, AMD is winning big from the latest generation of gaming consoles. This is evident from the growth in the company's enterprise, embedded, and semi-custom segment that grew 183% year over year last quarter. AMD expects \"console demand to remain strong throughout the year,\" and the addition of a new console customer in the form of Valve's Steam Deck could give the segment a shot in the arm.\nSuch tailwinds make it clear why AMD's earnings are expected to clock a 30%-plus annual growth rate over the long run, which is why investors should consider taking advantage of the relatively cheap valuation and buy this growth stock.","news_type":1,"symbols_score_info":{"SWKS":0.9,"CRSR":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814218654,"gmtCreate":1630822444278,"gmtModify":1676530401846,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"There will be correction, of course. But that should not be a reason to&nbsp;prevent investors buying&nbsp;ETF toreplicate the performance of S&amp;P 500 and rely on compound interests.Remember that bearish markes&nbsp;last less longer&nbsp;than bullish ones.","listText":"There will be correction, of course. But that should not be a reason to&nbsp;prevent investors buying&nbsp;ETF toreplicate the performance of S&amp;P 500 and rely on compound interests.Remember that bearish markes&nbsp;last less longer&nbsp;than bullish ones.","text":"There will be correction, of course. But that should not be a reason to prevent investors buying ETF toreplicate the performance of S&P 500 and rely on compound interests.Remember that bearish markes last less longer than bullish ones.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/814218654","repostId":"1168498795","repostType":4,"repost":{"id":"1168498795","kind":"news","pubTimestamp":1630655991,"share":"https://ttm.financial/m/news/1168498795?lang=en_US&edition=fundamental","pubTime":"2021-09-03 15:59","market":"us","language":"en","title":"Speak No Evil of the S&P 500’s Neverending Records","url":"https://stock-news.laohu8.com/highlight/detail?id=1168498795","media":"The Wall Street Journal","summary":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the ch","content":"<blockquote>\n <b>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.</b>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/6573eb955692f754acc1285622febd53\" tg-width=\"878\" tg-height=\"520\" width=\"100%\" height=\"auto\">The S&amp;P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.</p>\n<p>Some things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.</p>\n<p>On the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.</p>\n<p>Throughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.</p>\n<p>It is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.</p>\n<p>Similarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.</p>\n<p><img src=\"https://static.tigerbbs.com/7d8b995934c7f60fadb5834dd078e232\" tg-width=\"320\" tg-height=\"412\" width=\"100%\" height=\"auto\">Yet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&amp;P 500 is what puzzles me.</p>\n<p>The only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.</p>\n<p><img src=\"https://static.tigerbbs.com/37942e27b25662943d254580733d2954\" tg-width=\"325\" tg-height=\"413\" width=\"100%\" height=\"auto\">In both good and bad times investors want to buy stocks, so the S&amp;P goes up. But<i>which</i>stocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).</p>\n<p>The problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.</p>\n<p>A simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.</p>\n<p>Quantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.</p>\n<p>Getting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.</p>\n<p>The awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.</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>Speak No Evil of the S&P 500’s Neverending Records</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\">\nSpeak No Evil of the S&P 500’s Neverending Records\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no ...</p>\n\n<a href=\"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168498795","content_text":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.\nSome things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.\nOn the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.\nThroughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.\nIt is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.\nSimilarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.\nYet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&P 500 is what puzzles me.\nThe only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.\nIn both good and bad times investors want to buy stocks, so the S&P goes up. Butwhichstocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).\nThe problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.\nA simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.\nQuantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.\nGetting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.\nThe awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1856,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834123673,"gmtCreate":1629781736992,"gmtModify":1676530129489,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"If you are a any type of trader but investor, you may sell it soon…. As far as i am concerned i am gonna hold them due to the continuous and increasingbusiness value.","listText":"If you are a any type of trader but investor, you may sell it soon…. As far as i am concerned i am gonna hold them due to the continuous and increasingbusiness value.","text":"If you are a any type of trader but investor, you may sell it soon…. As far as i am concerned i am gonna hold them due to the continuous and increasingbusiness value.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/834123673","repostId":"1104413070","repostType":4,"isVote":1,"tweetType":1,"viewCount":862,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567027336968594","authorId":"3567027336968594","name":"大白兔女生","avatar":"https://static.tigerbbs.com/9164215640a1bec6913d46610a230edf","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3567027336968594","idStr":"3567027336968594"},"content":"Looking at the chart, its share price may hit one more high before retracement. But as you mentioned, a value investor like you will continue to hold regardless of short-term price movement.","text":"Looking at the chart, its share price may hit one more high before retracement. But as you mentioned, a value investor like you will continue to hold regardless of short-term price movement.","html":"Looking at the chart, its share price may hit one more high before retracement. But as you mentioned, a value investor like you will continue to hold regardless of short-term price movement."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869555168,"gmtCreate":1632308741754,"gmtModify":1676530748413,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Not sure between MacDonald and Starbucks….","listText":"Not sure between MacDonald and Starbucks….","text":"Not sure between MacDonald and Starbucks….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/869555168","repostId":"2169656152","repostType":4,"isVote":1,"tweetType":1,"viewCount":3793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817879054,"gmtCreate":1630935844578,"gmtModify":1676530424244,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Wanting is one thing…. But creating a competitive one is an different thing. It’s&nbsp;interesting to see what these players will come with.","listText":"Wanting is one thing…. But creating a competitive one is an different thing. It’s&nbsp;interesting to see what these players will come with.","text":"Wanting is one thing…. But creating a competitive one is an different thing. It’s interesting to see what these players will come with.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/817879054","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":1419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810234388,"gmtCreate":1629979637044,"gmtModify":1676530190453,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Sounds very promising…. Another good reason to invest in Apple.","listText":"Sounds very promising…. Another good reason to invest in Apple.","text":"Sounds very promising…. Another good reason to invest in Apple.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/810234388","repostId":"1125030506","repostType":4,"repost":{"id":"1125030506","kind":"news","pubTimestamp":1629961067,"share":"https://ttm.financial/m/news/1125030506?lang=en_US&edition=fundamental","pubTime":"2021-08-26 14:57","market":"us","language":"en","title":"Apple Has 2 Secret Weapons. No, They're Not New iPhones.","url":"https://stock-news.laohu8.com/highlight/detail?id=1125030506","media":"Barrons","summary":"For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, li","content":"<p>For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, likely to be introduced sometime next month. But the company has other levers to drive growth, and not all of them involve hardware.</p>\n<p>In particular,Apple(ticker: AAPL) has a substantial and growing opportunity in advertising and search revenue. A pair of research notes from the Street on Wednesday highlight how both areas should provide a material boost to top-line growth in the months and years ahead — while also noting a few associated risks.</p>\n<p>In a new report, Evercore ISI analyst Amit Daryanani dove into Apple’s growing opportunity in advertising, and he likes what he found. Daryanani thinks Apple’s ad business can grow to $20 billion in the September 2025 fiscal year, from an estimated $2 billion in fiscal 2020, most of that from App Store ads.</p>\n<p>He notes that the projected growth would be similar to that of&nbsp;Amazon’s(AMZN) ad business, which has expanded to about $20 billion from about $3 billion over a four-year span. Daryanani asserts that ads could account for as much as 9% of Apple’s earnings per share in fiscal 2025 if the business hits his target.</p>\n<p>“Apple’s advertising business remains an underappreciated lever for upside as we go forward and provides them with a unique way to ensure consumer privacy is upheld, but also further enhance the monetization mechanisms,” Daryanani writes in a research note.</p>\n<p>Under Apple’s “App Tracking Transparency” program, apps must ask for permission before tracking user activity across other companies’ apps and websites. The program has been positioned as a privacy measure, but has the secondary effect of shifting more ad dollars to Apple’s own advertising platform.</p>\n<p>Daryanani sees the biggest opportunity in shifting the App Store ad platform to content discovery, not just content delivery — ads offer a way for app developers to attract customers, in the same way that Amazon ads help sellers cut through the clutter to lure shoppers. And he sees additional advertising opportunities in Apple Maps and Apple TV+, among other places.</p>\n<p>“Advertising is a great growth opportunity for Apple and their tremendous installed base gives them a competitive advantage that they have not effectively exploited in the past,” he adds. “Recent actions indicate this is set to change as Apple looks to capture its fair share of a $1 trillion market.”</p>\n<p>Daryanani is not the only analyst that sees potential expansion in the Apple ad business. Earlier this month,Bernstein analyst Toni Sacconaghi wrote a long research note on the same topic; his conclusion was that ads could be a $7 billion to $10 billion business for Apple in fiscal 2023 or 2024. He noted that growth drivers for the Apple ad business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the App Store in May. Sacconaghi also pointed out that Apple generates very modest revenue today — likely under $500 million a year — from ads in the Apple News and Stocks apps. Daryanani echoed all of those points in his report.</p>\n<p>Meanwhile, in a new note on Wednesday, Sacconaghi turns his attention to Apple’s search relationship with Google, a unit of&nbsp;Alphabet(GOOGL). Google pays Apple a substantial annual fee to be the default search engine on the iPhone — a relationship that has drawn the attention of the Justice Department, which last year filed suit against Google for monopolizing its control of the search market,specifically citing the Apple deal in the complaint.</p>\n<p>Neither Apple nor Google has been transparent about the terms of their relationship. Sacconaghi this morning writes that he now thinks Google’s payments to Apple in fiscal 2020 were $10 billion, higher than his previous estimate of $8 billion. And he thinks the payment could jump to $15 billion in fiscal 2021, driving up Apple’s services revenue, and contributing an estimated 9% of Apple’s overall gross profits. He estimates that 39% of Google’s traffic acquisition costs this year will go to Apple, up from an estimated 13% in 2013.</p>\n<p>Search is really the largest advertising pool for Apple. Sacconaghi estimates that Apple’s overall revenue from advertising in fiscal 2020 was $12.4 billion – and that $10 billion of that came from the company’s search relationship with Google.</p>\n<p>Sacconaghi sees some risk in Apple’s growing connection with Google. For one thing, there is regulatory focus on the situation – although he thinks any conclusion of the Justice Department lawsuit is “years away,” he sees a potential 4% to 5% risk to Apple’s profits from an adverse ruling. He also thinks there is some risk that Google could choose to stop paying Apple, or look to renegotiate the terms of its deal and pay less.</p>\n<p>Sacconaghi says Google pays up for the deal in part to ensure&nbsp;Microsoft(MSFT) — the only real rival for Google in search — does not outbid it. But he also says that with payments to Apple likely to approach $20 billion in fiscal 2022, “it is not implausible that Google could revisit its strategy.”</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>Apple Has 2 Secret Weapons. No, They're Not New iPhones.</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\">\nApple Has 2 Secret Weapons. No, They're Not New iPhones.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 14:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apples-secret-weapons-advertising-search-51629906248?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, likely to be introduced sometime next month. But the company has other levers to drive growth, and not...</p>\n\n<a href=\"https://www.barrons.com/articles/apples-secret-weapons-advertising-search-51629906248?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apples-secret-weapons-advertising-search-51629906248?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125030506","content_text":"For Apple investors, the focus over the next few weeks is going to be the next generation iPhone, likely to be introduced sometime next month. But the company has other levers to drive growth, and not all of them involve hardware.\nIn particular,Apple(ticker: AAPL) has a substantial and growing opportunity in advertising and search revenue. A pair of research notes from the Street on Wednesday highlight how both areas should provide a material boost to top-line growth in the months and years ahead — while also noting a few associated risks.\nIn a new report, Evercore ISI analyst Amit Daryanani dove into Apple’s growing opportunity in advertising, and he likes what he found. Daryanani thinks Apple’s ad business can grow to $20 billion in the September 2025 fiscal year, from an estimated $2 billion in fiscal 2020, most of that from App Store ads.\nHe notes that the projected growth would be similar to that of Amazon’s(AMZN) ad business, which has expanded to about $20 billion from about $3 billion over a four-year span. Daryanani asserts that ads could account for as much as 9% of Apple’s earnings per share in fiscal 2025 if the business hits his target.\n“Apple’s advertising business remains an underappreciated lever for upside as we go forward and provides them with a unique way to ensure consumer privacy is upheld, but also further enhance the monetization mechanisms,” Daryanani writes in a research note.\nUnder Apple’s “App Tracking Transparency” program, apps must ask for permission before tracking user activity across other companies’ apps and websites. The program has been positioned as a privacy measure, but has the secondary effect of shifting more ad dollars to Apple’s own advertising platform.\nDaryanani sees the biggest opportunity in shifting the App Store ad platform to content discovery, not just content delivery — ads offer a way for app developers to attract customers, in the same way that Amazon ads help sellers cut through the clutter to lure shoppers. And he sees additional advertising opportunities in Apple Maps and Apple TV+, among other places.\n“Advertising is a great growth opportunity for Apple and their tremendous installed base gives them a competitive advantage that they have not effectively exploited in the past,” he adds. “Recent actions indicate this is set to change as Apple looks to capture its fair share of a $1 trillion market.”\nDaryanani is not the only analyst that sees potential expansion in the Apple ad business. Earlier this month,Bernstein analyst Toni Sacconaghi wrote a long research note on the same topic; his conclusion was that ads could be a $7 billion to $10 billion business for Apple in fiscal 2023 or 2024. He noted that growth drivers for the Apple ad business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the App Store in May. Sacconaghi also pointed out that Apple generates very modest revenue today — likely under $500 million a year — from ads in the Apple News and Stocks apps. Daryanani echoed all of those points in his report.\nMeanwhile, in a new note on Wednesday, Sacconaghi turns his attention to Apple’s search relationship with Google, a unit of Alphabet(GOOGL). Google pays Apple a substantial annual fee to be the default search engine on the iPhone — a relationship that has drawn the attention of the Justice Department, which last year filed suit against Google for monopolizing its control of the search market,specifically citing the Apple deal in the complaint.\nNeither Apple nor Google has been transparent about the terms of their relationship. Sacconaghi this morning writes that he now thinks Google’s payments to Apple in fiscal 2020 were $10 billion, higher than his previous estimate of $8 billion. And he thinks the payment could jump to $15 billion in fiscal 2021, driving up Apple’s services revenue, and contributing an estimated 9% of Apple’s overall gross profits. He estimates that 39% of Google’s traffic acquisition costs this year will go to Apple, up from an estimated 13% in 2013.\nSearch is really the largest advertising pool for Apple. Sacconaghi estimates that Apple’s overall revenue from advertising in fiscal 2020 was $12.4 billion – and that $10 billion of that came from the company’s search relationship with Google.\nSacconaghi sees some risk in Apple’s growing connection with Google. For one thing, there is regulatory focus on the situation – although he thinks any conclusion of the Justice Department lawsuit is “years away,” he sees a potential 4% to 5% risk to Apple’s profits from an adverse ruling. He also thinks there is some risk that Google could choose to stop paying Apple, or look to renegotiate the terms of its deal and pay less.\nSacconaghi says Google pays up for the deal in part to ensure Microsoft(MSFT) — the only real rival for Google in search — does not outbid it. But he also says that with payments to Apple likely to approach $20 billion in fiscal 2022, “it is not implausible that Google could revisit its strategy.”","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173958929,"gmtCreate":1626605487661,"gmtModify":1703762262002,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"Wonder whether this story also inspired the movie “Catch me if you can” with Leonardo de Caprio.","listText":"Wonder whether this story also inspired the movie “Catch me if you can” with Leonardo de Caprio.","text":"Wonder whether this story also inspired the movie “Catch me if you can” with Leonardo de Caprio.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173958929","repostId":"1139907709","repostType":4,"repost":{"id":"1139907709","kind":"news","pubTimestamp":1626568617,"share":"https://ttm.financial/m/news/1139907709?lang=en_US&edition=fundamental","pubTime":"2021-07-18 08:36","market":"sh","language":"en","title":"Wall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World","url":"https://stock-news.laohu8.com/highlight/detail?id=1139907709","media":"Benzinga","summary":"Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Q","content":"<div>\n<p>Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs ...</p>\n\n<a href=\"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World</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\">\nWall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs ...</p>\n\n<a href=\"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139907709","content_text":"Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs an unapologetic financial miscreant with a lifelong penchant for fraud, the French escapade represented something of a career peak for Quinn, whose flair of swindling took on an astonishing level of organizing that left no corner of the world untouched.\nIllusory Assets For Sale:Thomas Francis Quinn was born in Brooklyn in 1932; his father drove a cement truck and his mother was a housewife who made extra money selling clothing and jewelry from the family’s garage.\nQuinn was an altar boy in his childhood and was the first member of his family to pursue higher education, graduating from St. John’s University Law School and passing the bar in 1962.\nQuinn opted to go into business for himself, starting a brokerage firm in New York called Thomas, Williams & Lee.The main focus of this firm became the promotion of Kent Industries,a company that claimed to own Florida property valued at $2 million.\nThere was a slight problem — Kent Industries didn’t own anything in the Sunshine State, and this inconvenient fact helped to introduce Quinn to the U.S. Securities and Exchange Commission (SEC).\nLong story short: Quinn received a lifetime banishment from the SEC in 1966 from doing business with brokers and dealers thanks to what the agency defined as his “flagrant fraudulent practices” related to the Kent Industries assets, which the regulator considered to be “almost completely illusory.”\nThe U.S. Department of Justice (DOJ) was a bit slower in dealing with Quinn, but by 1970 he was sent to jail for six months and was later permanently disbarred from practicing law.\nA Job With The Mob:Prior to losing his law license, Quinn gained a partnership in a New York-based securities law firm that set off several alarms among federal law enforcement agencies. Indeed, an FBI report from 1983 recalled this firm’s chief focus was being responsible for the “funds of hoodlum-controlled companies.”\nQuinn was on both the FBI’s and SEC’s respective radars in the early 1980s for his role with two companies,Sundance Gold Mining and Aquarius Gold Exploration, that claimed to have discovered gold in Suriname. The companies created a flurry of excitement among investors, but an investigation into their operations found a hitherto undeclared connection with the Genovese crime family.\nThe SEC filed a civil complaint against Quinn in 1983, charging him with fraudulently manipulating and promoting the companies’ stocks.\nThree years later, he reached a settlement with the regulator by agreeing to permanently stay away from anything related to securities.\nThe FBI, despite finding Mafia fingerprints in Quinn’s business affairs, declined to press charges against him.\nRealizing that he wore out his welcome in his home country, Quinn and his common-law wife Rochelle Rothfleisch decided to relocate to France and to up his game to an unprecedented operation.\nBoiler Room Follies:The circumstances and details of how Quinn built his swindling masterpiece are a bit fuzzy, but it is believed that the scheme was first hatched in 1984 and was coordinated out of his $6 million villa in the south of France.\nQuinn set up an archipelago of offices in several European countries and in Dubai, Jamaica and the tiny South Pacific island nation of Vanuatu, and he gave them phony names that sounded similar to respectable brokerages.\nEach office was staffed with salesmen who were tasked to sell stocks for 20 U.S. corporations to individual investors around the world. The stocks in question were mostly shell companies trading on the over-the-counter exchanges that Quinn picked up for pennies, but they were resold by Quinn’s salesmen at inflated amounts.\nThe investors were culled from mailing lists sold by publishing companies and professional organizations, as well as from respondents to advertisements placed in newsletters focused on the over-the-counter markets.\nQuinn’s henchmen would telephone the investors — nearly all of whom were novices to investing — and do a high-pressure sales spiel that, more often than not, resulted in the separation of the gullible targets from their money.\nQuinn’s team aimed at European, Australian, Middle Eastern and Hong Kong neophyte investors. The only country off-limits from this scheme was the U.S. Quinn was already on the FBI’s radar and the last thing he wanted was to give them cause to pursue him anew.\nA Temporary Setback: In 1988, Quinn’s arrest in France saw him charged with securities fraud, forgery of administrative documents and the possession of two fake Greek passports. His detention and the subsequent arrest of 20 of his salesmen created a fascinating dilemma for banking and law enforcement agencies in multiple countries.\nFor starters, no one could easily figure out where the majority of Quinn’s $500 million in ill-gotten gains wound up. Transfers were traced through banks in Switzerland, Luxembourg and Gibraltar, as well as the beleaguered Bank of Credit and Commerce International in Tampa, Florida, which gained national attention as a favored depository for those involved in drug money laundering. But where the money eventually landed was anyone’s guess, and Quinn’s talent for adopting aliases to cover his business tracks confounded investigators.\nAlso, it was unclear regarding how many people were swindled. A pair of class-action lawsuits brought out a total of 500 people trying to regain their money, but some observers of this case speculated the number could have been higher — some investors might have seen Quinn’s scam as a means of evading local taxes and foreign currency exchanges and would then have to answer to their authorities if this chicanery came to light.\nThe SEC got into the picture because the stocks being sold in the scheme were all U.S. companies. The agency hosted a meeting in Washington D.C. with law enforcement officers and prosecutors from eight European countries and Australia, with the hopes of sorting out the mess. But since no Americans were defrauded in this elaborate charade, Quinn did not face criminal charges in his own country, although the SEC temporarily froze his U.S. assets.\nIn France, Quinn was initially released after agreeing to reimburse his French victims but was arrested again when the Swiss government demanded his extradition.\nHe came to trial in 1991 and was only sentenced to four years in prison, but his sentence was reduced to include time served and he was extradited to Switzerland.\nHis Alpine detention was brief and by the mid-1990s he returned to the U.S. and rented a luxury home in Greenwich, Connecticut, a swanky suburb of New York City.\nAn Eventual Stumble:One of Quinn’s neighbors in Greenwich wasMartin Frankel,a financier with his own addiction to swindling.\nIn 1999, the Wall Street Journal used anonymous “people familiar with the matter” to claim Quinn assisted Frankel in his efforts to raise money for a controlled investment fund designed to buy insurance companies — but this turned out to be an embezzlement scam that resulted in Frankel fleeing the U.S. to Germany on a phony passport.\nFrankel was eventually extradited and spent nearly two decades in prison, but Quinn was never charged for being a partner in Frankel’s shenanigans.\nFor most of the 1990s and the 2000s, Quinn kept a very low public profile, although law enforcement tracked his travels to such far-flung places as the Maldives and the United Arab Emirates.\nIn 2004, he made a rare appearance at the Irish Derby as the co-owner of the winning thoroughbred Grey Swallow. Photographs of Quinn with the winning racehorse marked the only time that he was ever photographed in a public gathering. (Copyright restrictions prevent us from reprinting the photograph here, butthis linkon the RTE website shows Quinn, standing second from right, at the conclusion of the championship race.)\nIn November 2009, Quinn’s luck finally ran out. On a trip back from Ireland to New York’s JFK International Airport, he was arrested for his role within a ring of embezzlers that sought to defraud a pair of British telecommunications companies out of more than $60 million. The scheme had the global hallmarks of Quinn’s earlier criminal triumph, with funds being disbursed to seven countries across four continents.\nQuinn was immediately jailed upon his arrest and was denied bail because it was feared he would attempt to flee the country. He eventually pleaded guilty to a single count of wire fraud and, despite exhortations to avoid prison due to health problems, he was sentenced in March 2013 to 84 months in prison. He was released in May 2016.\nWhat became of Quinn since his release is unknown. No obituary for him has been published, and he would be 89 years old if he is still alive.\nOne information-tracking website listed him residing at a Brooklyn address, but the website also listed an accompanying telephone number that is not in service. Any readers who may have information on Quinn’s whereabouts should contact us and we will offer an update on his story.\nQuinn rarely spoke to anyone about his criminal activities. During an investigative session after his final arrest, he reportedly would only answer questions through a series of eyelid blinks. When a reporter sought to interview him in 1995, he demanded his privacy.\n\"Just forget me,\" Quinn said. \"I've got a lot of trouble and a lot of personal grief. I'm just trying to get on with my life. I'm not in the securities business and never will be again.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810289976,"gmtCreate":1629980606295,"gmtModify":1676530190750,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584782885850103","idStr":"3584782885850103"},"themes":[],"htmlText":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","listText":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","text":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/810289976","repostId":"1123542948","repostType":4,"isVote":1,"tweetType":1,"viewCount":1797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}