EV8的个人主页 - 老虎社区

EV8

暂无个人介绍

IP属地：未知

39关注

34粉丝

0主题

0勋章

2021-08-14

A transaction consist of sell and buy. When you are the one selling out of fear, think…. Who are those accumulating?So before you let your fear run over you, think again… will $Alibaba(BABA)$continue tostay profitable?

If you’re nervous about the stock market at record highs, consider these five companies that are loved by the smart money<blockquote>如果您对股市创历史新高感到紧张，请考虑这五家受到聪明资金喜爱的公司</blockquote>

2021-08-14

Interesting.

抱歉，原内容已删除

2021-06-30

Important is it sustainable? Well, looks like it is

抱歉，原内容已删除

2021-06-25

30% app store fee is hefty!!But…. why developers still paying? 😄

抱歉，原内容已删除

2021-05-13

bitcoin dropped to $46k A powerful person is also a dangerous person

抱歉，原内容已删除

2021-05-07

just another weirdly written summary 😆😆

Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>

2021-04-30

turn red in 1st half smh

抱歉，原内容已删除

2021-04-21

Very Powerful M1

Apple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple<blockquote>苹果推出令人惊叹的新紫色iPhone 12和iPhone 12 mini</blockquote>

2021-04-16

Wow 35% down? What’s your thoughts?

抱歉，原内容已删除

2021-04-13

anyone needs like and comment today? 😊

Nvidia rose to $624.88, reached record high<blockquote>英伟达涨至624.88美元，创历史新高</blockquote>

2021-03-24

who needs like and comment today? 😊

抱歉，原内容已删除

2021-03-20

who needs like and comment today? 😊

抱歉，原内容已删除

2021-03-19

who needs like and comment today? 😊

抱歉，原内容已删除

2021-03-17

who needs like and comment today? 😊

5 sturdy value stocks to protect your portfolio from rising interest rates<blockquote>5只稳健的价值股票可保护您的投资组合免受利率上升的影响</blockquote>

2021-03-16

who needs like and comment today? 😊

抱歉，原内容已删除

2021-03-14

anyone needs like and comment today?let me know how you need 😊

Marijuana stocks fall<blockquote>大麻库存下跌</blockquote>

2021-03-13

who needs like and comment today? let me know how many you need. 😊

抱歉，原内容已删除

2021-03-12

who needs like and comment today? 😊let me how many you need

US Daylight Saving Time<blockquote>美国夏令时</blockquote>

2021-03-11

👍👍

Roblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote>

2021-03-11

who needs like and comment today? 😊

Roblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote>

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3576472032670521","uuid":"3576472032670521","gmtCreate":1613451818772,"gmtModify":1613451818772,"name":"EV8","pinyin":"ev8","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":34,"headSize":39,"tweetSize":36,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.10.24","exceedPercentage":"80.22%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.85%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.02","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":897649354,"gmtCreate":1628916023878,"gmtModify":1631889492995,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"A transaction consist of sell and buy.&nbsp;When&nbsp;you are the one&nbsp;selling out of fear, think…. Who are those accumulating?So before you let your&nbsp;fear run over you, think again… will <a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>continue tostay profitable?","listText":"A transaction consist of sell and buy.&nbsp;When&nbsp;you are the one&nbsp;selling out of fear, think…. Who are those accumulating?So before you let your&nbsp;fear run over you, think again… will <a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>continue tostay profitable?","text":"A transaction consist of sell and buy. When you are the one selling out of fear, think…. Who are those accumulating?So before you let your fear run over you, think again… will $Alibaba(BABA)$continue tostay profitable?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/897649354","repostId":"1173847412","repostType":4,"repost":{"id":"1173847412","kind":"news","pubTimestamp":1628905097,"share":"https://www.laohu8.com/m/news/1173847412?lang=zh_CN&edition=full","pubTime":"2021-08-14 09:38","market":"us","language":"en","title":"If you’re nervous about the stock market at record highs, consider these five companies that are loved by the smart money<blockquote>如果您对股市创历史新高感到紧张，请考虑这五家受到聪明资金喜爱的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173847412","media":"MarketWatch","summary":"Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others. The stock market is near all-time highs, but train-wreck season lies just around the corner.I say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.The smart money signal: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insid","content":"<p>Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others</p><p><blockquote>公司内部人士和专业投资者正在购买阿里巴巴-SW、Chegg和动视暴雪等公司的股票</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a750143fbfb2e7d732bb3dcc80114d61\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Photo by Chung Sung-Jun/Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（郑成俊摄/盖蒂图片社）</span></p></blockquote></p><p> The stock market is near all-time highs, but train-wreck season lies just around the corner.</p><p><blockquote>股市接近历史高点，但火车失事季节即将来临。</blockquote></p><p> Should you sell? After all, the S&amp;P 500,Nasdaq&nbsp;and Dow Jones Industrial Average&nbsp;often hit a rough patch in September and October.</p><p><blockquote>你应该卖吗？毕竟，标普500、纳斯达克和道琼斯工业平均指数经常在九月和十月遇到困难。</blockquote></p><p> I say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.</p><p><blockquote>我说等等，确实考虑一下下面五家公司中的任何一家，因为它们是“聪明资金”的最爱。但首先，总的来说，这里有三个坚持到底的理由。</blockquote></p><p> 1. There’s no guarantee that the seasonal weakness will repeat. Besides, the ability to time market turns is tough.</p><p><blockquote>1.不能保证季节性疲软会重演。此外，把握市场变化时机的能力也很困难。</blockquote></p><p> 2. Fears about the delta variant of Covid are overblown. More people are getting vaccinated, and most of them won’t suffer severe symptoms if infected, say market strategists at T. Rowe Price.</p><p><blockquote>2.对Covid德尔塔变异毒株的担忧被夸大了。T.Rowe Price的市场策略师表示，越来越多的人正在接种疫苗，如果被感染，他们中的大多数人不会出现严重症状。</blockquote></p><p> 3. There’s a lot of embedded demand in the economy and it will sustain growth, says Leuthold Group strategist Jim Paulsen.</p><p><blockquote>3.Leuthold Group策略师Jim Paulsen表示，经济中存在大量内在需求，并将维持增长。</blockquote></p><p> On the consumer front (most of the economy): Personal savings at a record high, durable goods purchases are near a 50-year low, and new household formation is at a record high. People buy stuff to fill new homes. Next, the economy has plenty of room to grow given the elevated jobless rate and big excess lending capacity at banks.</p><p><blockquote>在消费方面（经济的大部分）：个人储蓄创历史新高，耐用品购买量接近50年低点，新家庭组建创历史新高。人们买东西来填满新家。其次，鉴于失业率上升和银行放贷能力大幅过剩，经济还有很大的增长空间。</blockquote></p><p> <b>Five smart money stocks</b></p><p><blockquote><b>五只聪明的钱股</b></blockquote></p><p> At my stock letter Brush Up on Stocks, I favor stocks that corporate insiders like. But not just&nbsp;<i>any</i>&nbsp;insiders. I go for stocks picked up by insiders with&nbsp;<i>great</i>&nbsp;records. Here are two, trading near where insiders just bought.</p><p><blockquote>在我的股票信重温股票中，我喜欢公司内部人士喜欢的股票。但不仅仅是<i>任何</i>圈内人。我选择内部人士买入的股票<i>伟大的</i>记录。这里有两个，在内部人士刚刚买入的地方附近交易。</blockquote></p><p> <b>Activision Blizzard</b></p><p><blockquote><b>动视暴雪</b></blockquote></p><p> This is the company behind the most popular and addictive online games — like Call of Duty, World of Warcraft, Diablo, Overwatch and Candy Crush.<b>Activision Blizzard</b>&nbsp;makes money via game sales and subscriptions, by selling in-game content and ads. It has around 408 million regular users.</p><p><blockquote>这是最受欢迎和最令人上瘾的在线游戏背后的公司，如《使命看涨期权》、《魔兽世界》、《暗黑破坏神》、《守望先锋》和《糖果粉碎传奇》。<b>动视暴雪</b>通过游戏销售和订阅、销售游戏内内容和广告赚钱。它拥有大约4.08亿普通用户。</blockquote></p><p> Besides winning over new fans, the company regularly launches new games and expands existing franchises — most recently with World of Warcraft: The Burning Crusade, in June. This addition marks “the start of what is intended to be a very significant 18-month period for content releases,” says the company. Sales grew 19% to $2.30 billion in the second quarter, and operating margins are rich at 42%.</p><p><blockquote>除了赢得新粉丝之外，该公司还定期推出新游戏并扩大现有特许经营权——最近一次是在六月推出的《魔兽世界：燃烧的远征》。该公司表示，这一增加标志着“内容发布的18个月非常重要的时期的开始”。第二季度销售额增长19%，达到23亿美元，营业利润率高达42%。</blockquote></p><p> One risk is that fallout from allegations of sexual misconduct and&nbsp;a related lawsuit by the California Department of Fair Employment and Housing will “make it difficult for the firm to attract and retain top talent in a very competitive industry,” says&nbsp;Morningstar analyst Neil Macker.</p><p><blockquote>晨星公司分析师尼尔·麦克尔表示，一个风险是性行为不端指控以及加州公平就业和住房部相关诉讼的影响将“使公司难以在竞争激烈的行业中吸引和留住顶尖人才”。</blockquote></p><p> <b>The smart money signal</b>: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insider to follow because he bought $4.3 million in March 2019 at $43 and the stock is now almost a double. Also, in my system of insider analysis, repeat buying on strength (as opposed to profit taking) is bullish. He also bought at $3.70 back in 2004.</p><p><blockquote><b>聪明的钱信号</b>：董事彼得·诺兰刚刚以每股80-82.28美元的价格购买了价值200万美元的股票。他是一位值得关注的内部人士，因为他在2019年3月以43美元的价格买入了430万美元，而该股现在几乎翻了一番。此外，在我的内部分析系统中，重复强势买入（而不是获利了结）是看涨的。他还在2004年以3.70美元的价格买入。</blockquote></p><p> <b>B. Riley Financial</b></p><p><blockquote><b>B.莱利金融</b></blockquote></p><p> I introduced this name in my stock letter in March 2018 at $20 and reiterated it over a dozen times into strength after that. It now trades for over $65. Despite the hefty gains, I think&nbsp;<b>B. Riley Financia</b>&nbsp;is still a hold, and a buy for anyone who does not own.</p><p><blockquote>我在2018年3月的股票信中以20美元的价格介绍了这个名字，并在那之后重申了十几次。它现在的交易价格超过65美元。尽管取得了巨大的收益，我认为<b>B.莱利金融</b>仍然是持有，对于任何不持有的人来说都是买入。</blockquote></p><p> This is a Los Angeles-based investment bank that also manages money and does stock research. It specializes in small- and mid-cap stocks. B. Riley Financial is a good proxy for the overall market and the U.S. economy, given its banking and market-related businesses. This will be a plus, as economic growth holds up. It also continues to expand via acquisitions.&nbsp;Revenue grew 26% in the second quarter to $336.8 million, in part because of an acquisition. It pays a 2.9% dividend yield.</p><p><blockquote>这是一家总部位于洛杉矶的投资银行，也管理资金和进行股票研究。它专注于中小型股票。B.鉴于其银行和市场相关业务，Riley Financial是整体市场和美国经济的良好代表。随着经济增长的持续，这将是一个利好。它还继续通过收购扩张。第二季度收入增长26%，达到3.368亿美元，部分原因是收购。它支付2.9%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: CEO Bryant Riley purchased $3.4 million worth of stock at $63 to $68 in early June and August. He has a long record of buying over $22 million worth of stock in the $8 to $48 range since 2014, including $6.6 million in purchases near the start of this year at $46 to $48.71 (already up over 40%).</p><p><blockquote><b>聪明的钱信号</b>：首席执行官布莱恩特·莱利(Bryant Riley)在6月初和8月以63美元至68美元的价格购买了价值340万美元的股票。自2014年以来，他一直在8美元至48美元范围内购买价值超过2200万美元的股票，其中包括今年年初以46美元至48.71美元的价格购买660万美元（已经上涨了40%以上）。</blockquote></p><p> <b>Alibaba Group</b></p><p><blockquote><b>阿里巴巴-SW集团</b></blockquote></p><p> If you like to buy quality companies whose stocks are beaten down by a host of problems, then Chinese consumer platform&nbsp;<b>Alibaba Group</b>&nbsp;may be for you.</p><p><blockquote>如果您喜欢购买股票因一系列问题而遭受重创的优质公司，那么中国消费者平台<b>阿里巴巴-SW集团</b>可能是给你的。</blockquote></p><p> Its shares are down 40% since October because of rising U.S.-China tensions, some weakness in its core consumer business, the possible loss of tax breaks in China, and allegations of sexual assault inside the company.</p><p><blockquote>由于中美紧张局势加剧、其核心消费者业务出现一些疲软、中国可能失去税收减免以及公司内部存在性侵犯指控，该公司股价自10月份以来已下跌40%。</blockquote></p><p></p><p> These are serious issues, but this is also a company with serious potential. Over one billion consumers use its marketplaces, including 891 million in China and 240 million abroad. Organic sales growth is 32%. It’s in the early stages of rolling out its AliCloud cloud computing business, which could be the next big growth driver.</p><p><blockquote>这些都是严重的问题，但这也是一家具有巨大潜力的公司。超过10亿消费者使用其市场，其中8.91亿在中国，2.4亿在国外。有机销售额增长32%。该公司正处于推出阿里云云计算业务的早期阶段，这可能是下一个巨大的增长动力。</blockquote></p><p> <b>The smart money signal</b>: This company is singled out by Albert Meyer of Bastiat Capital, which has posted 22% annualized growth over the past five years compared to 17.7% for the S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Bastiat Capital的Albert Meyer特别提到了这家公司，该公司过去五年的年化增长率为22%，而标普500的年化增长率为17.7%。</blockquote></p><p> <b>An attractive spinoff</b></p><p><blockquote><b>有吸引力的衍生产品</b></blockquote></p><p> One tactic that works fairly consistently in investing is buying spinoffs. Companies don’t like to burn shareholders, so they tend to do spinoffs at a discount, as a kind of “gift.” Money managers who get spun-off shares often dump them anyway, because the new company does not fit their mandate.</p><p><blockquote>投资中相当有效的一种策略是购买分拆产品。公司不喜欢烧死股东，所以他们倾向于打折分拆，作为一种“礼物”。获得分拆股票的基金经理通常会抛售这些股票，因为新公司不符合他们的使命。</blockquote></p><p> A good spinoff to consider right now is&nbsp;<b>Organon</b>,a mid-size pharma company. It was jettisoned from Merck&nbsp;in May. Organon just bounced 12% on Aug. 12 after it posted a solid quarter, but it still trades below the spinoff price of around $38. At this level, the stock looks attractively cheap, trading near five times 2021 earnings.</p><p><blockquote>现在值得考虑的一个好的衍生产品是<b>欧加农</b>，一家中型制药公司。它于5月份被默克公司抛弃。Organon在公布了稳健的季度业绩后，于8月12日刚刚反弹12%，但其交易价格仍低于38美元左右的分拆价格。在这个水平上，该股看起来非常便宜，其交易价格接近2021年市盈率的五倍。</blockquote></p><p> Of course, Organon is cheap because it has issues. The chief one is the looming patent cliff on many of its products. Its Nexplanon birth control rolls off patent during 2025-2027, and that’s 11% of sales.</p><p><blockquote>当然，Organon便宜是因为它有问题。最主要的一个是其许多产品迫在眉睫的专利悬崖。其Nexplanon避孕药将在2025年至2027年期间获得专利，占销售额的11%。</blockquote></p><p> But this might not be such a threat. “There is a strong possibility that it can extend its patent to as late as 2030,” says Bruce Kaser, a value investor who is the editor of the Cabot Turnaround Letter. Nexplanon is a rod implanted under the skin, so women may be reluctant to go with a discount version. Another problem: Organon sells into China, where the government is cutting the prices of its products. But the worst of the damage may be over.</p><p><blockquote>但这可能不是这样的威胁。“它很有可能将专利延长至2030年，”价值投资者、卡博特扭亏为盈信的编辑布鲁斯·卡瑟(Bruce Kaser)表示。Nexplanon是一种植入皮下的棒，因此女性可能不愿意选择折扣版本。另一个问题是：Organon向中国销售产品，中国政府正在降低其产品的价格。但最严重的损害可能已经过去。</blockquote></p><p> On the upside, Organon plans to regularly launch new products. And the company has $1.3 billion in annual free cash flow supporting a dividend yield of 3.3%.</p><p><blockquote>从好的方面来看，Organon计划定期推出新产品。该公司拥有13亿美元的年度自由现金流，支持3.3%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: Organon was recently suggested in the Cabot Turnaround Letter, which has a good record. Its portfolio is up 135.8% in the past 12 months, compared with 36.5% for S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Organon最近在Cabot周转信中被推荐，该公司有良好的记录。其投资组合在过去12个月内上涨了135.8%，而标普500的投资组合上涨了36.5%。</blockquote></p><p> <b>An education play</b></p><p><blockquote><b>教育剧</b></blockquote></p><p> If universities have allowed their participation in the culture wars to distract them from the core mission of basic education,<b>Chegg</b>&nbsp;is there to pick up the slack.</p><p><blockquote>如果大学让他们参与文化战争分散了他们对基础教育核心使命的注意力，<b>Chegg</b>是来收拾残局的。</blockquote></p><p> This online education company helps college and high school students master their math and writing skills. The company also helps students save on expensive text books by offering rentals and e-textbook versions.</p><p><blockquote>这家在线教育公司帮助大学和高中生掌握他们的数学和写作技能。该公司还通过提供租赁和电子教科书版本来帮助学生节省昂贵的教科书费用。</blockquote></p><p> While online education has a black eye, Chegg is the exception. Last year student subscriptions jumped 67% to 6.6 million from a year earlier. Sales grew 30% in the quarter, and the company guided to 28% sales growth for this year, to $805 million to $815 million.</p><p><blockquote>虽然在线教育有问题，但Chegg是个例外。去年，学生订阅量同比增长67%，达到660万。该季度销售额增长30%，该公司预计今年销售额增长28%，达到8.05亿至8.15亿美元。</blockquote></p><p> “Online learning had a bad reputation for overcharging, while success rates were minimal,” says money manager Kevin Landis. “But Chegg is different.”</p><p><blockquote>“在线学习因收费过高而名声不佳，而成功率却很低，”基金经理凯文·兰迪斯(Kevin Landis)表示。“但齐格不一样。”</blockquote></p><p> He likes the robust growth in the U.S. and the big potential for international growth, particularly in Asia.</p><p><blockquote>他喜欢美国的强劲增长和国际增长的巨大潜力，尤其是在亚洲。</blockquote></p><p> <b>The smart money signal</b>: Landis’ Firsthand Technology Opportunities&nbsp;beats its Morningstar technology fund category by eight percentage points annualized over the past five years. Chegg is the second-largest position, at 8% of the portfolio. Chegg is the sixth-biggest holding of the Alger Weatherbie Specialized Growth Fund,which beats its mid-cap growth category by 5.7 percentage points annualized over the past five years.</p><p><blockquote><b>聪明的钱信号</b>：过去五年，兰迪斯的Firsthand Technology Opportunities的年化回报率比晨星科技基金类别高出8个百分点。Chegg是第二大头寸，占投资组合的8%。Chegg是Alger Weatherbie Specialized Growth基金的第六大持股，该基金在过去五年中的年化增长率比中型成长基金高出5.7个百分点。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If you’re nervous about the stock market at record highs, consider these five companies that are loved by the smart money<blockquote>如果您对股市创历史新高感到紧张，请考虑这五家受到聪明资金喜爱的公司</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf you’re nervous about the stock market at record highs, consider these five companies that are loved by the smart money<blockquote>如果您对股市创历史新高感到紧张，请考虑这五家受到聪明资金喜爱的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-14 09:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others</p><p><blockquote>公司内部人士和专业投资者正在购买阿里巴巴-SW、Chegg和动视暴雪等公司的股票</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a750143fbfb2e7d732bb3dcc80114d61\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Photo by Chung Sung-Jun/Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（郑成俊摄/盖蒂图片社）</span></p></blockquote></p><p> The stock market is near all-time highs, but train-wreck season lies just around the corner.</p><p><blockquote>股市接近历史高点，但火车失事季节即将来临。</blockquote></p><p> Should you sell? After all, the S&amp;P 500,Nasdaq&nbsp;and Dow Jones Industrial Average&nbsp;often hit a rough patch in September and October.</p><p><blockquote>你应该卖吗？毕竟，标普500、纳斯达克和道琼斯工业平均指数经常在九月和十月遇到困难。</blockquote></p><p> I say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.</p><p><blockquote>我说等等，确实考虑一下下面五家公司中的任何一家，因为它们是“聪明资金”的最爱。但首先，总的来说，这里有三个坚持到底的理由。</blockquote></p><p> 1. There’s no guarantee that the seasonal weakness will repeat. Besides, the ability to time market turns is tough.</p><p><blockquote>1.不能保证季节性疲软会重演。此外，把握市场变化时机的能力也很困难。</blockquote></p><p> 2. Fears about the delta variant of Covid are overblown. More people are getting vaccinated, and most of them won’t suffer severe symptoms if infected, say market strategists at T. Rowe Price.</p><p><blockquote>2.对Covid德尔塔变异毒株的担忧被夸大了。T.Rowe Price的市场策略师表示，越来越多的人正在接种疫苗，如果被感染，他们中的大多数人不会出现严重症状。</blockquote></p><p> 3. There’s a lot of embedded demand in the economy and it will sustain growth, says Leuthold Group strategist Jim Paulsen.</p><p><blockquote>3.Leuthold Group策略师Jim Paulsen表示，经济中存在大量内在需求，并将维持增长。</blockquote></p><p> On the consumer front (most of the economy): Personal savings at a record high, durable goods purchases are near a 50-year low, and new household formation is at a record high. People buy stuff to fill new homes. Next, the economy has plenty of room to grow given the elevated jobless rate and big excess lending capacity at banks.</p><p><blockquote>在消费方面（经济的大部分）：个人储蓄创历史新高，耐用品购买量接近50年低点，新家庭组建创历史新高。人们买东西来填满新家。其次，鉴于失业率上升和银行放贷能力大幅过剩，经济还有很大的增长空间。</blockquote></p><p> <b>Five smart money stocks</b></p><p><blockquote><b>五只聪明的钱股</b></blockquote></p><p> At my stock letter Brush Up on Stocks, I favor stocks that corporate insiders like. But not just&nbsp;<i>any</i>&nbsp;insiders. I go for stocks picked up by insiders with&nbsp;<i>great</i>&nbsp;records. Here are two, trading near where insiders just bought.</p><p><blockquote>在我的股票信重温股票中，我喜欢公司内部人士喜欢的股票。但不仅仅是<i>任何</i>圈内人。我选择内部人士买入的股票<i>伟大的</i>记录。这里有两个，在内部人士刚刚买入的地方附近交易。</blockquote></p><p> <b>Activision Blizzard</b></p><p><blockquote><b>动视暴雪</b></blockquote></p><p> This is the company behind the most popular and addictive online games — like Call of Duty, World of Warcraft, Diablo, Overwatch and Candy Crush.<b>Activision Blizzard</b>&nbsp;makes money via game sales and subscriptions, by selling in-game content and ads. It has around 408 million regular users.</p><p><blockquote>这是最受欢迎和最令人上瘾的在线游戏背后的公司，如《使命看涨期权》、《魔兽世界》、《暗黑破坏神》、《守望先锋》和《糖果粉碎传奇》。<b>动视暴雪</b>通过游戏销售和订阅、销售游戏内内容和广告赚钱。它拥有大约4.08亿普通用户。</blockquote></p><p> Besides winning over new fans, the company regularly launches new games and expands existing franchises — most recently with World of Warcraft: The Burning Crusade, in June. This addition marks “the start of what is intended to be a very significant 18-month period for content releases,” says the company. Sales grew 19% to $2.30 billion in the second quarter, and operating margins are rich at 42%.</p><p><blockquote>除了赢得新粉丝之外，该公司还定期推出新游戏并扩大现有特许经营权——最近一次是在六月推出的《魔兽世界：燃烧的远征》。该公司表示，这一增加标志着“内容发布的18个月非常重要的时期的开始”。第二季度销售额增长19%，达到23亿美元，营业利润率高达42%。</blockquote></p><p> One risk is that fallout from allegations of sexual misconduct and&nbsp;a related lawsuit by the California Department of Fair Employment and Housing will “make it difficult for the firm to attract and retain top talent in a very competitive industry,” says&nbsp;Morningstar analyst Neil Macker.</p><p><blockquote>晨星公司分析师尼尔·麦克尔表示，一个风险是性行为不端指控以及加州公平就业和住房部相关诉讼的影响将“使公司难以在竞争激烈的行业中吸引和留住顶尖人才”。</blockquote></p><p> <b>The smart money signal</b>: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insider to follow because he bought $4.3 million in March 2019 at $43 and the stock is now almost a double. Also, in my system of insider analysis, repeat buying on strength (as opposed to profit taking) is bullish. He also bought at $3.70 back in 2004.</p><p><blockquote><b>聪明的钱信号</b>：董事彼得·诺兰刚刚以每股80-82.28美元的价格购买了价值200万美元的股票。他是一位值得关注的内部人士，因为他在2019年3月以43美元的价格买入了430万美元，而该股现在几乎翻了一番。此外，在我的内部分析系统中，重复强势买入（而不是获利了结）是看涨的。他还在2004年以3.70美元的价格买入。</blockquote></p><p> <b>B. Riley Financial</b></p><p><blockquote><b>B.莱利金融</b></blockquote></p><p> I introduced this name in my stock letter in March 2018 at $20 and reiterated it over a dozen times into strength after that. It now trades for over $65. Despite the hefty gains, I think&nbsp;<b>B. Riley Financia</b>&nbsp;is still a hold, and a buy for anyone who does not own.</p><p><blockquote>我在2018年3月的股票信中以20美元的价格介绍了这个名字，并在那之后重申了十几次。它现在的交易价格超过65美元。尽管取得了巨大的收益，我认为<b>B.莱利金融</b>仍然是持有，对于任何不持有的人来说都是买入。</blockquote></p><p> This is a Los Angeles-based investment bank that also manages money and does stock research. It specializes in small- and mid-cap stocks. B. Riley Financial is a good proxy for the overall market and the U.S. economy, given its banking and market-related businesses. This will be a plus, as economic growth holds up. It also continues to expand via acquisitions.&nbsp;Revenue grew 26% in the second quarter to $336.8 million, in part because of an acquisition. It pays a 2.9% dividend yield.</p><p><blockquote>这是一家总部位于洛杉矶的投资银行，也管理资金和进行股票研究。它专注于中小型股票。B.鉴于其银行和市场相关业务，Riley Financial是整体市场和美国经济的良好代表。随着经济增长的持续，这将是一个利好。它还继续通过收购扩张。第二季度收入增长26%，达到3.368亿美元，部分原因是收购。它支付2.9%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: CEO Bryant Riley purchased $3.4 million worth of stock at $63 to $68 in early June and August. He has a long record of buying over $22 million worth of stock in the $8 to $48 range since 2014, including $6.6 million in purchases near the start of this year at $46 to $48.71 (already up over 40%).</p><p><blockquote><b>聪明的钱信号</b>：首席执行官布莱恩特·莱利(Bryant Riley)在6月初和8月以63美元至68美元的价格购买了价值340万美元的股票。自2014年以来，他一直在8美元至48美元范围内购买价值超过2200万美元的股票，其中包括今年年初以46美元至48.71美元的价格购买660万美元（已经上涨了40%以上）。</blockquote></p><p> <b>Alibaba Group</b></p><p><blockquote><b>阿里巴巴-SW集团</b></blockquote></p><p> If you like to buy quality companies whose stocks are beaten down by a host of problems, then Chinese consumer platform&nbsp;<b>Alibaba Group</b>&nbsp;may be for you.</p><p><blockquote>如果您喜欢购买股票因一系列问题而遭受重创的优质公司，那么中国消费者平台<b>阿里巴巴-SW集团</b>可能是给你的。</blockquote></p><p> Its shares are down 40% since October because of rising U.S.-China tensions, some weakness in its core consumer business, the possible loss of tax breaks in China, and allegations of sexual assault inside the company.</p><p><blockquote>由于中美紧张局势加剧、其核心消费者业务出现一些疲软、中国可能失去税收减免以及公司内部存在性侵犯指控，该公司股价自10月份以来已下跌40%。</blockquote></p><p></p><p> These are serious issues, but this is also a company with serious potential. Over one billion consumers use its marketplaces, including 891 million in China and 240 million abroad. Organic sales growth is 32%. It’s in the early stages of rolling out its AliCloud cloud computing business, which could be the next big growth driver.</p><p><blockquote>这些都是严重的问题，但这也是一家具有巨大潜力的公司。超过10亿消费者使用其市场，其中8.91亿在中国，2.4亿在国外。有机销售额增长32%。该公司正处于推出阿里云云计算业务的早期阶段，这可能是下一个巨大的增长动力。</blockquote></p><p> <b>The smart money signal</b>: This company is singled out by Albert Meyer of Bastiat Capital, which has posted 22% annualized growth over the past five years compared to 17.7% for the S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Bastiat Capital的Albert Meyer特别提到了这家公司，该公司过去五年的年化增长率为22%，而标普500的年化增长率为17.7%。</blockquote></p><p> <b>An attractive spinoff</b></p><p><blockquote><b>有吸引力的衍生产品</b></blockquote></p><p> One tactic that works fairly consistently in investing is buying spinoffs. Companies don’t like to burn shareholders, so they tend to do spinoffs at a discount, as a kind of “gift.” Money managers who get spun-off shares often dump them anyway, because the new company does not fit their mandate.</p><p><blockquote>投资中相当有效的一种策略是购买分拆产品。公司不喜欢烧死股东，所以他们倾向于打折分拆，作为一种“礼物”。获得分拆股票的基金经理通常会抛售这些股票，因为新公司不符合他们的使命。</blockquote></p><p> A good spinoff to consider right now is&nbsp;<b>Organon</b>,a mid-size pharma company. It was jettisoned from Merck&nbsp;in May. Organon just bounced 12% on Aug. 12 after it posted a solid quarter, but it still trades below the spinoff price of around $38. At this level, the stock looks attractively cheap, trading near five times 2021 earnings.</p><p><blockquote>现在值得考虑的一个好的衍生产品是<b>欧加农</b>，一家中型制药公司。它于5月份被默克公司抛弃。Organon在公布了稳健的季度业绩后，于8月12日刚刚反弹12%，但其交易价格仍低于38美元左右的分拆价格。在这个水平上，该股看起来非常便宜，其交易价格接近2021年市盈率的五倍。</blockquote></p><p> Of course, Organon is cheap because it has issues. The chief one is the looming patent cliff on many of its products. Its Nexplanon birth control rolls off patent during 2025-2027, and that’s 11% of sales.</p><p><blockquote>当然，Organon便宜是因为它有问题。最主要的一个是其许多产品迫在眉睫的专利悬崖。其Nexplanon避孕药将在2025年至2027年期间获得专利，占销售额的11%。</blockquote></p><p> But this might not be such a threat. “There is a strong possibility that it can extend its patent to as late as 2030,” says Bruce Kaser, a value investor who is the editor of the Cabot Turnaround Letter. Nexplanon is a rod implanted under the skin, so women may be reluctant to go with a discount version. Another problem: Organon sells into China, where the government is cutting the prices of its products. But the worst of the damage may be over.</p><p><blockquote>但这可能不是这样的威胁。“它很有可能将专利延长至2030年，”价值投资者、卡博特扭亏为盈信的编辑布鲁斯·卡瑟(Bruce Kaser)表示。Nexplanon是一种植入皮下的棒，因此女性可能不愿意选择折扣版本。另一个问题是：Organon向中国销售产品，中国政府正在降低其产品的价格。但最严重的损害可能已经过去。</blockquote></p><p> On the upside, Organon plans to regularly launch new products. And the company has $1.3 billion in annual free cash flow supporting a dividend yield of 3.3%.</p><p><blockquote>从好的方面来看，Organon计划定期推出新产品。该公司拥有13亿美元的年度自由现金流，支持3.3%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: Organon was recently suggested in the Cabot Turnaround Letter, which has a good record. Its portfolio is up 135.8% in the past 12 months, compared with 36.5% for S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Organon最近在Cabot周转信中被推荐，该公司有良好的记录。其投资组合在过去12个月内上涨了135.8%，而标普500的投资组合上涨了36.5%。</blockquote></p><p> <b>An education play</b></p><p><blockquote><b>教育剧</b></blockquote></p><p> If universities have allowed their participation in the culture wars to distract them from the core mission of basic education,<b>Chegg</b>&nbsp;is there to pick up the slack.</p><p><blockquote>如果大学让他们参与文化战争分散了他们对基础教育核心使命的注意力，<b>Chegg</b>是来收拾残局的。</blockquote></p><p> This online education company helps college and high school students master their math and writing skills. The company also helps students save on expensive text books by offering rentals and e-textbook versions.</p><p><blockquote>这家在线教育公司帮助大学和高中生掌握他们的数学和写作技能。该公司还通过提供租赁和电子教科书版本来帮助学生节省昂贵的教科书费用。</blockquote></p><p> While online education has a black eye, Chegg is the exception. Last year student subscriptions jumped 67% to 6.6 million from a year earlier. Sales grew 30% in the quarter, and the company guided to 28% sales growth for this year, to $805 million to $815 million.</p><p><blockquote>虽然在线教育有问题，但Chegg是个例外。去年，学生订阅量同比增长67%，达到660万。该季度销售额增长30%，该公司预计今年销售额增长28%，达到8.05亿至8.15亿美元。</blockquote></p><p> “Online learning had a bad reputation for overcharging, while success rates were minimal,” says money manager Kevin Landis. “But Chegg is different.”</p><p><blockquote>“在线学习因收费过高而名声不佳，而成功率却很低，”基金经理凯文·兰迪斯(Kevin Landis)表示。“但齐格不一样。”</blockquote></p><p> He likes the robust growth in the U.S. and the big potential for international growth, particularly in Asia.</p><p><blockquote>他喜欢美国的强劲增长和国际增长的巨大潜力，尤其是在亚洲。</blockquote></p><p> <b>The smart money signal</b>: Landis’ Firsthand Technology Opportunities&nbsp;beats its Morningstar technology fund category by eight percentage points annualized over the past five years. Chegg is the second-largest position, at 8% of the portfolio. Chegg is the sixth-biggest holding of the Alger Weatherbie Specialized Growth Fund,which beats its mid-cap growth category by 5.7 percentage points annualized over the past five years.</p><p><blockquote><b>聪明的钱信号</b>：过去五年，兰迪斯的Firsthand Technology Opportunities的年化回报率比晨星科技基金类别高出8个百分点。Chegg是第二大头寸，占投资组合的8%。Chegg是Alger Weatherbie Specialized Growth基金的第六大持股，该基金在过去五年中的年化增长率比中型成长基金高出5.7个百分点。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/if-youre-nervous-about-the-stock-market-at-record-highs-consider-these-five-companies-that-are-loved-by-the-smart-money-11628865442?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","ATVI":"动视暴雪","RILY":"B. Riley Financial, Inc.","OGN":"Organon & Co","CHGG":"Chegg Inc"},"source_url":"https://www.marketwatch.com/story/if-youre-nervous-about-the-stock-market-at-record-highs-consider-these-five-companies-that-are-loved-by-the-smart-money-11628865442?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173847412","content_text":"Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others\n(Photo by Chung Sung-Jun/Getty Images)\nThe stock market is near all-time highs, but train-wreck season lies just around the corner.\nShould you sell? After all, the S&P 500,Nasdaq and Dow Jones Industrial Average often hit a rough patch in September and October.\nI say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.\n1. There’s no guarantee that the seasonal weakness will repeat. Besides, the ability to time market turns is tough.\n2. Fears about the delta variant of Covid are overblown. More people are getting vaccinated, and most of them won’t suffer severe symptoms if infected, say market strategists at T. Rowe Price.\n3. There’s a lot of embedded demand in the economy and it will sustain growth, says Leuthold Group strategist Jim Paulsen.\nOn the consumer front (most of the economy): Personal savings at a record high, durable goods purchases are near a 50-year low, and new household formation is at a record high. People buy stuff to fill new homes. Next, the economy has plenty of room to grow given the elevated jobless rate and big excess lending capacity at banks.\nFive smart money stocks\nAt my stock letter Brush Up on Stocks, I favor stocks that corporate insiders like. But not just any insiders. I go for stocks picked up by insiders with great records. Here are two, trading near where insiders just bought.\nActivision Blizzard\nThis is the company behind the most popular and addictive online games — like Call of Duty, World of Warcraft, Diablo, Overwatch and Candy Crush.Activision Blizzard makes money via game sales and subscriptions, by selling in-game content and ads. It has around 408 million regular users.\nBesides winning over new fans, the company regularly launches new games and expands existing franchises — most recently with World of Warcraft: The Burning Crusade, in June. This addition marks “the start of what is intended to be a very significant 18-month period for content releases,” says the company. Sales grew 19% to $2.30 billion in the second quarter, and operating margins are rich at 42%.\nOne risk is that fallout from allegations of sexual misconduct and a related lawsuit by the California Department of Fair Employment and Housing will “make it difficult for the firm to attract and retain top talent in a very competitive industry,” says Morningstar analyst Neil Macker.\nThe smart money signal: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insider to follow because he bought $4.3 million in March 2019 at $43 and the stock is now almost a double. Also, in my system of insider analysis, repeat buying on strength (as opposed to profit taking) is bullish. He also bought at $3.70 back in 2004.\nB. Riley Financial\nI introduced this name in my stock letter in March 2018 at $20 and reiterated it over a dozen times into strength after that. It now trades for over $65. Despite the hefty gains, I think B. Riley Financia is still a hold, and a buy for anyone who does not own.\nThis is a Los Angeles-based investment bank that also manages money and does stock research. It specializes in small- and mid-cap stocks. B. Riley Financial is a good proxy for the overall market and the U.S. economy, given its banking and market-related businesses. This will be a plus, as economic growth holds up. It also continues to expand via acquisitions. Revenue grew 26% in the second quarter to $336.8 million, in part because of an acquisition. It pays a 2.9% dividend yield.\nThe smart money signal: CEO Bryant Riley purchased $3.4 million worth of stock at $63 to $68 in early June and August. He has a long record of buying over $22 million worth of stock in the $8 to $48 range since 2014, including $6.6 million in purchases near the start of this year at $46 to $48.71 (already up over 40%).\nAlibaba Group\nIf you like to buy quality companies whose stocks are beaten down by a host of problems, then Chinese consumer platform Alibaba Group may be for you.\nIts shares are down 40% since October because of rising U.S.-China tensions, some weakness in its core consumer business, the possible loss of tax breaks in China, and allegations of sexual assault inside the company.\nThese are serious issues, but this is also a company with serious potential. Over one billion consumers use its marketplaces, including 891 million in China and 240 million abroad. Organic sales growth is 32%. It’s in the early stages of rolling out its AliCloud cloud computing business, which could be the next big growth driver.\nThe smart money signal: This company is singled out by Albert Meyer of Bastiat Capital, which has posted 22% annualized growth over the past five years compared to 17.7% for the S&P 500.\nAn attractive spinoff\nOne tactic that works fairly consistently in investing is buying spinoffs. Companies don’t like to burn shareholders, so they tend to do spinoffs at a discount, as a kind of “gift.” Money managers who get spun-off shares often dump them anyway, because the new company does not fit their mandate.\nA good spinoff to consider right now is Organon,a mid-size pharma company. It was jettisoned from Merck in May. Organon just bounced 12% on Aug. 12 after it posted a solid quarter, but it still trades below the spinoff price of around $38. At this level, the stock looks attractively cheap, trading near five times 2021 earnings.\nOf course, Organon is cheap because it has issues. The chief one is the looming patent cliff on many of its products. Its Nexplanon birth control rolls off patent during 2025-2027, and that’s 11% of sales.\nBut this might not be such a threat. “There is a strong possibility that it can extend its patent to as late as 2030,” says Bruce Kaser, a value investor who is the editor of the Cabot Turnaround Letter. Nexplanon is a rod implanted under the skin, so women may be reluctant to go with a discount version. Another problem: Organon sells into China, where the government is cutting the prices of its products. But the worst of the damage may be over.\nOn the upside, Organon plans to regularly launch new products. And the company has $1.3 billion in annual free cash flow supporting a dividend yield of 3.3%.\nThe smart money signal: Organon was recently suggested in the Cabot Turnaround Letter, which has a good record. Its portfolio is up 135.8% in the past 12 months, compared with 36.5% for S&P 500.\nAn education play\nIf universities have allowed their participation in the culture wars to distract them from the core mission of basic education,Chegg is there to pick up the slack.\nThis online education company helps college and high school students master their math and writing skills. The company also helps students save on expensive text books by offering rentals and e-textbook versions.\nWhile online education has a black eye, Chegg is the exception. Last year student subscriptions jumped 67% to 6.6 million from a year earlier. Sales grew 30% in the quarter, and the company guided to 28% sales growth for this year, to $805 million to $815 million.\n“Online learning had a bad reputation for overcharging, while success rates were minimal,” says money manager Kevin Landis. “But Chegg is different.”\nHe likes the robust growth in the U.S. and the big potential for international growth, particularly in Asia.\nThe smart money signal: Landis’ Firsthand Technology Opportunities beats its Morningstar technology fund category by eight percentage points annualized over the past five years. Chegg is the second-largest position, at 8% of the portfolio. Chegg is the sixth-biggest holding of the Alger Weatherbie Specialized Growth Fund,which beats its mid-cap growth category by 5.7 percentage points annualized over the past five years.","news_type":1,"symbols_score_info":{"ATVI":0.9,"CHGG":0.9,"OGN":0.9,"BABA":0.9,"RILY":0.9}},"isVote":1,"tweetType":1,"viewCount":3392,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000211","authorId":"9000000000000211","name":"咪咕蜡","avatar":"https://static.tigerbbs.com/075bc3e15bde527a282c42a96ff35a51","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000211","idStr":"9000000000000211"},"content":"理性人是不会减持阿里的，除非他们是短期玩家","text":"理性人是不会减持阿里的，除非他们是短期玩家","html":"理性人是不会减持阿里的，除非他们是短期玩家"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897661824,"gmtCreate":1628913287168,"gmtModify":1631889493007,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"Interesting.","listText":"Interesting.","text":"Interesting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897661824","repostId":"2158936289","repostType":4,"isVote":1,"tweetType":1,"viewCount":2136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153673492,"gmtCreate":1625024461516,"gmtModify":1631889493023,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"Important is it&nbsp;sustainable?&nbsp;Well,&nbsp;looks like it is","listText":"Important is it&nbsp;sustainable?&nbsp;Well,&nbsp;looks like it is","text":"Important is it sustainable? Well, looks like it is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":10,"repostSize":0,"link":"https://laohu8.com/post/153673492","repostId":"1122418477","repostType":4,"isVote":1,"tweetType":1,"viewCount":2114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125003759,"gmtCreate":1624635248071,"gmtModify":1631889493050,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"30% app&nbsp;store fee is hefty!!But….&nbsp;why developers still paying? 😄","listText":"30% app&nbsp;store fee is hefty!!But….&nbsp;why developers still paying? 😄","text":"30% app store fee is hefty!!But…. why developers still paying? 😄","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/125003759","repostId":"2146023165","repostType":4,"isVote":1,"tweetType":1,"viewCount":2266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191536973,"gmtCreate":1620887653892,"gmtModify":1631889493061,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"bitcoin dropped to $46k&nbsp;A powerful&nbsp;person is also&nbsp;a dangerous&nbsp;person","listText":"bitcoin dropped to $46k&nbsp;A powerful&nbsp;person is also&nbsp;a dangerous&nbsp;person","text":"bitcoin dropped to $46k A powerful person is also a dangerous person","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/191536973","repostId":"1123539919","repostType":4,"isVote":1,"tweetType":1,"viewCount":1861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104627908,"gmtCreate":1620387353704,"gmtModify":1631889493075,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"just another weirdly written summary 😆😆","listText":"just another weirdly written summary 😆😆","text":"just another weirdly written summary 😆😆","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/104627908","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://www.laohu8.com/m/news/1157328258?lang=zh_CN&edition=full","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking alpha</strong><span class=\"h-time small\">2021-05-07 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Seeking alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109452196,"gmtCreate":1619712325915,"gmtModify":1631889493090,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"turn red in 1st half smh","listText":"turn red in 1st half smh","text":"turn red in 1st half smh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/109452196","repostId":"1198510299","repostType":2,"isVote":1,"tweetType":1,"viewCount":2878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371282549,"gmtCreate":1618941942181,"gmtModify":1631889493098,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"Very Powerful M1","listText":"Very Powerful M1","text":"Very Powerful M1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/371282549","repostId":"2129784086","repostType":4,"repost":{"id":"2129784086","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618940403,"share":"https://www.laohu8.com/m/news/2129784086?lang=zh_CN&edition=full","pubTime":"2021-04-21 01:40","market":"us","language":"en","title":"Apple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple<blockquote>苹果推出令人惊叹的新紫色iPhone 12和iPhone 12 mini</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2129784086","media":"Tiger Newspress","summary":"Apple today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR displays with OLED for a brighter, more immersive viewing exper","content":"<p>Apple&nbsp;today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR™ displays with OLED for a brighter, more immersive viewing experience, and the Ceramic Shield™ front cover, providing the biggest jump in durability ever on iPhone. The Apple-designed A14 Bionic™ — the fastest chip in a smartphone — powers every experience on iPhone 12 while efficiently managing battery life. iPhone 12 models also bring the best 5G experience, and introduce high-powered wireless charging with MagSafe® and a new ecosystem of accessories that easily attach to iPhone.</p><p><blockquote>苹果今天为iPhone 12和iPhone 12 mini推出了全新的令人惊叹的紫色饰面。这种新颜色完美地突出了iPhone 12扁平的铝制边缘，与精密铣削的后玻璃颜色完美匹配。这两款机型都配备了先进的双摄像头系统，可提供强大的计算摄影功能和智能手机中最高质量的视频，并具有扩展的边缘到边缘Super Retina XDR™采用OLED和陶瓷屏蔽的显示屏可带来更明亮、更身临其境的观看体验™前盖，提供了iPhone有史以来最大的耐用性飞跃。苹果设计的A14 Bionic™–智能手机中最快的芯片–为iPhone 12上的每一种体验提供动力，同时高效管理电池寿命。iPhone 12机型也带来最佳5G体验，并引入MagSafe大功率无线充电®以及一个新的配件生态系统，可以轻松连接到iPhone上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9c448d2543bc9b1a9f524667974831f9\" tg-width=\"480\" tg-height=\"360\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>iPhone 12 and iPhone 12 mini in purple will be available for pre-order beginning Friday, April 23, with availability beginning Friday, April 30. Customers can also complement their iPhone with a new MagSafe Leather Case or Leather Sleeve in Deep Violet, a Silicone Case in Capri Blue, Pistachio, Cantaloupe, or Amethyst, or a Leather Wallet in Arizona, all available to order beginning today.</p><p><blockquote>紫色iPhone 12和iPhone 12 mini将于4月23日星期五开始接受预购，4月30日星期五开始发售。客户还可以为他们的iPhone配备新的深紫色MagSafe皮套或皮套，卡普里蓝、开心果、哈密瓜或紫水晶的硅胶套，或亚利桑那州的皮革钱包，所有这些都可以从今天开始订购。</blockquote></p><p>Apple Inc&nbsp;announced AirTags to find lost items and podcast subscription services that will compete with rival Spotify(SPOT.N)and also introduced an array of slim iMac computers in a variety of colors.</p><p><blockquote>苹果公司宣布推出AirTags来寻找丢失的物品和播客订阅服务，将与竞争对手Spotify(SPOT.N)竞争，并推出了一系列各种颜色的超薄iMac电脑。</blockquote></p><p><img src=\"https://static.tigerbbs.com/49de8d6362ac5cea990b248f37bc7398\" tg-width=\"1522\" tg-height=\"835\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>AirTags will cost $29 each or four for $99 and will be available starting 8 a.m. ET (1200 GMT) on April 30. Podcast subscription prices will be set by creators and billed monthly, Apple said. Apple will charge creators $19.99 per year for its podcast program.</p><p><blockquote>AirTags每个售价29美元，四个售价99美元，将于美国东部时间4月30日上午8点（格林威治标准时间1200点）开始发售。苹果说，播客订阅价格将由创作者设定并按月计费。苹果将向创作者收取每年19.99美元的播客节目费用。</blockquote></p><p>Apple introduced a thinner version of its iMac computer that uses its house-designed central processor unit and comes in seven colors, including purple and green. With a 24-inch (61-cm) display, the iMacs are just 11.5 millimeters thick.The iMac will start at $1,299.</p><p><blockquote>苹果推出了iMac电脑的更薄版本，使用其内部设计的中央处理器，有七种颜色，包括紫色和绿色。iMac的显示屏为24英寸（61厘米），厚度仅为11.5毫米。iMac的起价为1299美元。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4ab1f95890c11cb28657d58a7fedd1d0\" tg-width=\"1510\" tg-height=\"849\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple introduced new iPad Pros that use the same M1 chip as its computers, rather than a beefed up version of its iPhone chips, and additional ports for connecting monitors and 5G connectivity, aiming the device at content creators looking for a mobile device. The company also said that controllers from Sony's PlayStation and Microsoft's Xbox would work with the iPad Pro, targeting gamers with the new device's speed and display.</p><p><blockquote>苹果推出了新的iPad Pro，它使用与其电脑相同的M1芯片，而不是iPhone芯片的增强版，并增加了用于连接显示器和5G连接的端口，将该设备瞄准了寻找移动设备的内容创作者。该公司还表示，索尼PlayStation和微软Xbox的控制器将与iPad Pro配合使用，以新设备的速度和显示屏瞄准游戏玩家。</blockquote></p><p>Apple also updated its Apple TV set top box with better color output and a faster processor chip. The new Apple TV 4K will also let users improve a TV's picture by using light sensors on the iPhone.</p><p><blockquote>苹果还更新了其苹果电视机顶盒，具有更好的色彩输出和更快的处理器芯片。新的苹果电视4K还将让用户通过使用iPhone上的光传感器来改善电视的画面。</blockquote></p><p><img src=\"https://static.tigerbbs.com/80299365d94ead288ef8026cb9584d4c\" tg-width=\"1167\" tg-height=\"685\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple said that spouses and partners would be able to share and merge credit lines with its Apple Card, which CEO Tim Cook described as an important step toward making it easier for people to build their credit scores.</p><p><blockquote>苹果表示，配偶和伴侣将能够与其苹果卡共享和合并信用额度，首席执行官Tim Cook称这是让人们更容易建立信用评分的重要一步。</blockquote></p><p>Apple's launch did not mention iCar related issues.</p><p><blockquote>苹果的发布会并未提及iCar相关问题。</blockquote></p><p>Apple shares have risen nearly 95% over the past year, faster than the 63% rise in the Nasdaq Composite Index, thanks to a record $274.5 billion in sales for fiscal 2020 as consumers stocked up on electronics during the pandemic. Apple shares were down 1.5%.</p><p><blockquote>苹果股价在过去一年上涨了近95%，快于纳斯达克综合指数63%的涨幅，这得益于消费者在疫情期间囤积电子产品，2020财年销售额达到创纪录的2745亿美元。苹果股价下跌1.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/771b46ec0e4dc774e9295a821f897bf4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Macs and iPads accounted for $52.3 billion during its fiscal 2020.</p><p><blockquote>2020财年，Mac和iPad的销售额为523亿美元。</blockquote></p><p>“The Pro iPads are not the volume sellers, but they blur the line between Mac and iPad. How Apple differentiates between the iPad Pro and the Mac will be very interesting to watch,\" Ben Bajarin, principal analyst for consumer market intelligence at Creative Strategies.</p><p><blockquote>Creative Strategies消费者市场情报首席分析师Ben Bajarin表示：“Pro iPad不是销量最大的产品，但它们模糊了Mac和iPad之间的界限。苹果如何区分iPad Pro和Mac将非常有趣。”</blockquote></p><p>The AirTag announcement could result in a new round of complaints to lawmakers that Apple is hurting smaller rivals. Tile, a startup that has sold a competing tracker for nearly a decade, last year testified before the U.S. House of Representatives that Apple's App Store rules had made it harder to use Tile's products and will be called before the U.S. Senate to testify on Wednesday.read more</p><p><blockquote>AirTag的宣布可能会导致立法者对苹果正在伤害规模较小的竞争对手的新一轮投诉。Tile是一家销售竞争追踪器近十年的初创公司，去年在美国众议院作证称，苹果的应用商店规则使使用Tile的产品变得更加困难，并将在美国被传唤。参议院将于周三作证。阅读更多</blockquote></p><p>Apple has said it subjects all apps, including its own, to the same App Store review rules.</p><p><blockquote>苹果表示，它将所有应用程序，包括自己的应用程序，都遵守相同的应用程序商店审查规则。</blockquote></p><p></p><p>Bob O'Donnell, head of TECHnalysis Research, said he does not believe the trackers will become a big business on their own. \"Because they are so late to this, it might not be that much different than when Apple got into set top boxes like Apple TV. They’re a player. They’re there, but they're not huge,\" he said.</p><p><blockquote>TECHnalysis Research负责人Bob O’Donnell表示，他不相信追踪器本身会成为一项大业务。“因为他们做得太晚了，这可能与苹果进入苹果电视等机顶盒时没有太大区别。他们是一个玩家。他们在那里，但他们并不庞大，”他说。</blockquote></p><p>But Bajarin said the trackers could keep people tied to their iPhones if they rely on them to find items like keys and wallets.</p><p><blockquote>但Bajarin表示，如果人们依靠追踪器来寻找钥匙和钱包等物品，追踪器可能会让他们与iPhone联系在一起。</blockquote></p><p>“The more you buy into just one hardware product, the less likely it is you’ll ever leave,” Bajarin said.</p><p><blockquote>“你购买的一种硬件产品越多，你离开的可能性就越小，”巴加林说。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple<blockquote>苹果推出令人惊叹的新紫色iPhone 12和iPhone 12 mini</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple<blockquote>苹果推出令人惊叹的新紫色iPhone 12和iPhone 12 mini</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-21 01:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple&nbsp;today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR™ displays with OLED for a brighter, more immersive viewing experience, and the Ceramic Shield™ front cover, providing the biggest jump in durability ever on iPhone. The Apple-designed A14 Bionic™ — the fastest chip in a smartphone — powers every experience on iPhone 12 while efficiently managing battery life. iPhone 12 models also bring the best 5G experience, and introduce high-powered wireless charging with MagSafe® and a new ecosystem of accessories that easily attach to iPhone.</p><p><blockquote>苹果今天为iPhone 12和iPhone 12 mini推出了全新的令人惊叹的紫色饰面。这种新颜色完美地突出了iPhone 12扁平的铝制边缘，与精密铣削的后玻璃颜色完美匹配。这两款机型都配备了先进的双摄像头系统，可提供强大的计算摄影功能和智能手机中最高质量的视频，并具有扩展的边缘到边缘Super Retina XDR™采用OLED和陶瓷屏蔽的显示屏可带来更明亮、更身临其境的观看体验™前盖，提供了iPhone有史以来最大的耐用性飞跃。苹果设计的A14 Bionic™–智能手机中最快的芯片–为iPhone 12上的每一种体验提供动力，同时高效管理电池寿命。iPhone 12机型也带来最佳5G体验，并引入MagSafe大功率无线充电®以及一个新的配件生态系统，可以轻松连接到iPhone上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9c448d2543bc9b1a9f524667974831f9\" tg-width=\"480\" tg-height=\"360\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>iPhone 12 and iPhone 12 mini in purple will be available for pre-order beginning Friday, April 23, with availability beginning Friday, April 30. Customers can also complement their iPhone with a new MagSafe Leather Case or Leather Sleeve in Deep Violet, a Silicone Case in Capri Blue, Pistachio, Cantaloupe, or Amethyst, or a Leather Wallet in Arizona, all available to order beginning today.</p><p><blockquote>紫色iPhone 12和iPhone 12 mini将于4月23日星期五开始接受预购，4月30日星期五开始发售。客户还可以为他们的iPhone配备新的深紫色MagSafe皮套或皮套，卡普里蓝、开心果、哈密瓜或紫水晶的硅胶套，或亚利桑那州的皮革钱包，所有这些都可以从今天开始订购。</blockquote></p><p>Apple Inc&nbsp;announced AirTags to find lost items and podcast subscription services that will compete with rival Spotify(SPOT.N)and also introduced an array of slim iMac computers in a variety of colors.</p><p><blockquote>苹果公司宣布推出AirTags来寻找丢失的物品和播客订阅服务，将与竞争对手Spotify(SPOT.N)竞争，并推出了一系列各种颜色的超薄iMac电脑。</blockquote></p><p><img src=\"https://static.tigerbbs.com/49de8d6362ac5cea990b248f37bc7398\" tg-width=\"1522\" tg-height=\"835\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>AirTags will cost $29 each or four for $99 and will be available starting 8 a.m. ET (1200 GMT) on April 30. Podcast subscription prices will be set by creators and billed monthly, Apple said. Apple will charge creators $19.99 per year for its podcast program.</p><p><blockquote>AirTags每个售价29美元，四个售价99美元，将于美国东部时间4月30日上午8点（格林威治标准时间1200点）开始发售。苹果说，播客订阅价格将由创作者设定并按月计费。苹果将向创作者收取每年19.99美元的播客节目费用。</blockquote></p><p>Apple introduced a thinner version of its iMac computer that uses its house-designed central processor unit and comes in seven colors, including purple and green. With a 24-inch (61-cm) display, the iMacs are just 11.5 millimeters thick.The iMac will start at $1,299.</p><p><blockquote>苹果推出了iMac电脑的更薄版本，使用其内部设计的中央处理器，有七种颜色，包括紫色和绿色。iMac的显示屏为24英寸（61厘米），厚度仅为11.5毫米。iMac的起价为1299美元。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4ab1f95890c11cb28657d58a7fedd1d0\" tg-width=\"1510\" tg-height=\"849\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple introduced new iPad Pros that use the same M1 chip as its computers, rather than a beefed up version of its iPhone chips, and additional ports for connecting monitors and 5G connectivity, aiming the device at content creators looking for a mobile device. The company also said that controllers from Sony's PlayStation and Microsoft's Xbox would work with the iPad Pro, targeting gamers with the new device's speed and display.</p><p><blockquote>苹果推出了新的iPad Pro，它使用与其电脑相同的M1芯片，而不是iPhone芯片的增强版，并增加了用于连接显示器和5G连接的端口，将该设备瞄准了寻找移动设备的内容创作者。该公司还表示，索尼PlayStation和微软Xbox的控制器将与iPad Pro配合使用，以新设备的速度和显示屏瞄准游戏玩家。</blockquote></p><p>Apple also updated its Apple TV set top box with better color output and a faster processor chip. The new Apple TV 4K will also let users improve a TV's picture by using light sensors on the iPhone.</p><p><blockquote>苹果还更新了其苹果电视机顶盒，具有更好的色彩输出和更快的处理器芯片。新的苹果电视4K还将让用户通过使用iPhone上的光传感器来改善电视的画面。</blockquote></p><p><img src=\"https://static.tigerbbs.com/80299365d94ead288ef8026cb9584d4c\" tg-width=\"1167\" tg-height=\"685\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple said that spouses and partners would be able to share and merge credit lines with its Apple Card, which CEO Tim Cook described as an important step toward making it easier for people to build their credit scores.</p><p><blockquote>苹果表示，配偶和伴侣将能够与其苹果卡共享和合并信用额度，首席执行官Tim Cook称这是让人们更容易建立信用评分的重要一步。</blockquote></p><p>Apple's launch did not mention iCar related issues.</p><p><blockquote>苹果的发布会并未提及iCar相关问题。</blockquote></p><p>Apple shares have risen nearly 95% over the past year, faster than the 63% rise in the Nasdaq Composite Index, thanks to a record $274.5 billion in sales for fiscal 2020 as consumers stocked up on electronics during the pandemic. Apple shares were down 1.5%.</p><p><blockquote>苹果股价在过去一年上涨了近95%，快于纳斯达克综合指数63%的涨幅，这得益于消费者在疫情期间囤积电子产品，2020财年销售额达到创纪录的2745亿美元。苹果股价下跌1.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/771b46ec0e4dc774e9295a821f897bf4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Macs and iPads accounted for $52.3 billion during its fiscal 2020.</p><p><blockquote>2020财年，Mac和iPad的销售额为523亿美元。</blockquote></p><p>“The Pro iPads are not the volume sellers, but they blur the line between Mac and iPad. How Apple differentiates between the iPad Pro and the Mac will be very interesting to watch,\" Ben Bajarin, principal analyst for consumer market intelligence at Creative Strategies.</p><p><blockquote>Creative Strategies消费者市场情报首席分析师Ben Bajarin表示：“Pro iPad不是销量最大的产品，但它们模糊了Mac和iPad之间的界限。苹果如何区分iPad Pro和Mac将非常有趣。”</blockquote></p><p>The AirTag announcement could result in a new round of complaints to lawmakers that Apple is hurting smaller rivals. Tile, a startup that has sold a competing tracker for nearly a decade, last year testified before the U.S. House of Representatives that Apple's App Store rules had made it harder to use Tile's products and will be called before the U.S. Senate to testify on Wednesday.read more</p><p><blockquote>AirTag的宣布可能会导致立法者对苹果正在伤害规模较小的竞争对手的新一轮投诉。Tile是一家销售竞争追踪器近十年的初创公司，去年在美国众议院作证称，苹果的应用商店规则使使用Tile的产品变得更加困难，并将在美国被传唤。参议院将于周三作证。阅读更多</blockquote></p><p>Apple has said it subjects all apps, including its own, to the same App Store review rules.</p><p><blockquote>苹果表示，它将所有应用程序，包括自己的应用程序，都遵守相同的应用程序商店审查规则。</blockquote></p><p></p><p>Bob O'Donnell, head of TECHnalysis Research, said he does not believe the trackers will become a big business on their own. \"Because they are so late to this, it might not be that much different than when Apple got into set top boxes like Apple TV. They’re a player. They’re there, but they're not huge,\" he said.</p><p><blockquote>TECHnalysis Research负责人Bob O’Donnell表示，他不相信追踪器本身会成为一项大业务。“因为他们做得太晚了，这可能与苹果进入苹果电视等机顶盒时没有太大区别。他们是一个玩家。他们在那里，但他们并不庞大，”他说。</blockquote></p><p>But Bajarin said the trackers could keep people tied to their iPhones if they rely on them to find items like keys and wallets.</p><p><blockquote>但Bajarin表示，如果人们依靠追踪器来寻找钥匙和钱包等物品，追踪器可能会让他们与iPhone联系在一起。</blockquote></p><p>“The more you buy into just one hardware product, the less likely it is you’ll ever leave,” Bajarin said.</p><p><blockquote>“你购买的一种硬件产品越多，你离开的可能性就越小，”巴加林说。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129784086","content_text":"Apple today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR™ displays with OLED for a brighter, more immersive viewing experience, and the Ceramic Shield™ front cover, providing the biggest jump in durability ever on iPhone. The Apple-designed A14 Bionic™ — the fastest chip in a smartphone — powers every experience on iPhone 12 while efficiently managing battery life. iPhone 12 models also bring the best 5G experience, and introduce high-powered wireless charging with MagSafe® and a new ecosystem of accessories that easily attach to iPhone.iPhone 12 and iPhone 12 mini in purple will be available for pre-order beginning Friday, April 23, with availability beginning Friday, April 30. Customers can also complement their iPhone with a new MagSafe Leather Case or Leather Sleeve in Deep Violet, a Silicone Case in Capri Blue, Pistachio, Cantaloupe, or Amethyst, or a Leather Wallet in Arizona, all available to order beginning today.Apple Inc announced AirTags to find lost items and podcast subscription services that will compete with rival Spotify(SPOT.N)and also introduced an array of slim iMac computers in a variety of colors.AirTags will cost $29 each or four for $99 and will be available starting 8 a.m. ET (1200 GMT) on April 30. Podcast subscription prices will be set by creators and billed monthly, Apple said. Apple will charge creators $19.99 per year for its podcast program.Apple introduced a thinner version of its iMac computer that uses its house-designed central processor unit and comes in seven colors, including purple and green. With a 24-inch (61-cm) display, the iMacs are just 11.5 millimeters thick.The iMac will start at $1,299.Apple introduced new iPad Pros that use the same M1 chip as its computers, rather than a beefed up version of its iPhone chips, and additional ports for connecting monitors and 5G connectivity, aiming the device at content creators looking for a mobile device. The company also said that controllers from Sony's PlayStation and Microsoft's Xbox would work with the iPad Pro, targeting gamers with the new device's speed and display.Apple also updated its Apple TV set top box with better color output and a faster processor chip. The new Apple TV 4K will also let users improve a TV's picture by using light sensors on the iPhone.Apple said that spouses and partners would be able to share and merge credit lines with its Apple Card, which CEO Tim Cook described as an important step toward making it easier for people to build their credit scores.Apple's launch did not mention iCar related issues.Apple shares have risen nearly 95% over the past year, faster than the 63% rise in the Nasdaq Composite Index, thanks to a record $274.5 billion in sales for fiscal 2020 as consumers stocked up on electronics during the pandemic. Apple shares were down 1.5%.Macs and iPads accounted for $52.3 billion during its fiscal 2020.“The Pro iPads are not the volume sellers, but they blur the line between Mac and iPad. How Apple differentiates between the iPad Pro and the Mac will be very interesting to watch,\" Ben Bajarin, principal analyst for consumer market intelligence at Creative Strategies.The AirTag announcement could result in a new round of complaints to lawmakers that Apple is hurting smaller rivals. Tile, a startup that has sold a competing tracker for nearly a decade, last year testified before the U.S. House of Representatives that Apple's App Store rules had made it harder to use Tile's products and will be called before the U.S. Senate to testify on Wednesday.read moreApple has said it subjects all apps, including its own, to the same App Store review rules.Bob O'Donnell, head of TECHnalysis Research, said he does not believe the trackers will become a big business on their own. \"Because they are so late to this, it might not be that much different than when Apple got into set top boxes like Apple TV. They’re a player. They’re there, but they're not huge,\" he said.But Bajarin said the trackers could keep people tied to their iPhones if they rely on them to find items like keys and wallets.“The more you buy into just one hardware product, the less likely it is you’ll ever leave,” Bajarin said.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370059242,"gmtCreate":1618537889886,"gmtModify":1631889493110,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"Wow 35% down? What’s your thoughts?","listText":"Wow 35% down? What’s your thoughts?","text":"Wow 35% down? What’s your thoughts?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/370059242","repostId":"1129541872","repostType":4,"isVote":1,"tweetType":1,"viewCount":3167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345585789,"gmtCreate":1618323785141,"gmtModify":1631889493124,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"anyone needs like and comment today? 😊","listText":"anyone needs like and comment today? 😊","text":"anyone needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/345585789","repostId":"1182178880","repostType":4,"repost":{"id":"1182178880","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618322441,"share":"https://www.laohu8.com/m/news/1182178880?lang=zh_CN&edition=full","pubTime":"2021-04-13 22:00","market":"us","language":"en","title":"Nvidia rose to $624.88, reached record high<blockquote>英伟达涨至624.88美元，创历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1182178880","media":"Tiger Newspress","summary":"(April 13) Nvidia rose to $624.88, reached record high.Graphics-chip giant Nvidia Corp. is increasin","content":"<p>(April 13)&nbsp;Nvidia rose to $624.88, reached record high.</p><p><blockquote>（4月13日）英伟达涨至624.88美元，创历史新高。</blockquote></p><p><img src=\"https://static.tigerbbs.com/58cdb5564725e7ef7bbad787f20a4caf\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Graphics-chip giant&nbsp;Nvidia&nbsp;Corp.&nbsp;is increasing the competitive pressure on&nbsp;Intel&nbsp;Corp.with plans to start selling central-processing units to serve the booming data-center market.</p><p><blockquote>图形芯片巨头英伟达公司正在加大对英特尔公司的竞争压力，计划开始销售中央处理器，以服务于蓬勃发展的数据中心市场。</blockquote></p><p>Nvidia said Monday its first processor for data centers would operate 10 times faster than existing chips. Dubbed Grace, after the famed computer scientist Grace Hopper, the chip is based on technology developed by Arm Ltd., a U.K. chip designer that Nvidia is in the process of&nbsp;buying for around $40 billion.</p><p><blockquote>英伟达周一表示，其首款用于数据中心的处理器的运行速度将比现有芯片快10倍。该芯片以著名计算机科学家格蕾丝·赫柏(Grace Hopper)的名字命名为Grace，基于英国芯片设计公司Arm Ltd.开发的技术，英伟达正在以约400亿美元收购该芯片。</blockquote></p><p>The new chip puts Santa Clara, Calif.-based Nvidia, known for its speedy processors that power videogaming hardware, squarely in competition with Intel, which dominates the global market in supplying chips to data centers, according to Mercury Research. Advanced Micro Devices Inc. is a distant second in chips for data centers.</p><p><blockquote>据Mercury Research称，这款新芯片使总部位于加利福尼亚州圣克拉拉的英伟达（Nvidia）与英特尔（Intel）展开直接竞争，英特尔在向数据中心供应芯片的全球市场上占据主导地位。Advanced Micro Devices Inc.在数据中心芯片领域遥遥领先。</blockquote></p><p>Nvidia last year overtook Intel as the&nbsp;largest chip maker by market value. Its stock has soared in part because of Chief Executive Jensen Huang’s bet on some of the hottest fields in tech, videogaming and artificial intelligence.</p><p><blockquote>英伟达去年超越英特尔，成为市值最大的芯片制造商。其股价飙升的部分原因是首席执行官黄仁勋(Elon Musk)押注于科技、视频游戏和人工智能等一些最热门领域。</blockquote></p><p>The company said that the Grace chip aims to be able to handle a targeted segment of computing where processors need to analyze vast sets of data quickly, a process that requires fast computing performance and massive memory. It can be used for such tasks as language processing and artificial intelligence.</p><p><blockquote>该公司表示，Grace芯片旨在能够处理处理器需要快速分析大量数据集的目标计算领域，这一过程需要快速计算性能和海量内存。它可以用于语言处理和人工智能等任务。</blockquote></p><p>Intel last week launched its latest generation data-center chip that the company said provides faster processing and provides improved features for AI calculations.</p><p><blockquote>英特尔上周推出了最新一代数据中心芯片，该公司表示，该芯片可以提供更快的处理速度，并为人工智能计算提供改进的功能。</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/711e4e75c34bd7570d90abb680b8068c\" tg-width=\"973\" tg-height=\"698\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p>“Leading-edge AI and data science are pushing today’s computer architecture beyond its limits—processing unthinkable amounts of data,” Mr. Huang said in a statement.</p><p><blockquote>“领先的人工智能和数据科学正在推动当今的计算机架构超越其极限——处理难以想象的数据量，”黄先生在一份声明中说。</blockquote></p><p>Nvidia and AMD in recent years&nbsp;have been chipping awayat Intel’s dominance and building up through major acquisitions, which can help with rising development costs and desires by customers for a more diverse set of chips. Intel’s new CEO Pat Gelsinger last month&nbsp;unveiled a far-reaching plan&nbsp;to revive the company’s fortunes, including $20 billion in chip-plant investments and a move into becoming a bigger contract chip maker serving others.</p><p><blockquote>近年来，英伟达和AMD一直在削弱英特尔的主导地位，并通过重大收购进行巩固，这有助于满足不断上升的开发成本和客户对更多样化芯片的需求。英特尔新任首席执行官帕特·基辛格(Pat Gelsinger)上个月公布了一项影响深远的计划，以重振公司的命运，包括投资200亿美元的芯片工厂，以及成为一家为其他公司服务的更大的合同芯片制造商。</blockquote></p><p>AMD is&nbsp;in the process of buying&nbsp;San Diego, Calif.-based chip makerXilinxInc.for $35 billion.</p><p><blockquote>AMD正在以350亿美元收购总部位于加利福尼亚州圣地亚哥的芯片制造商XilinxInc.。</blockquote></p><p>Meanwhile, Nvidia is&nbsp;working to get regulators to sign off&nbsp;on the deal reached to acquire Arm from&nbsp;SoftBank Group&nbsp;Corp.The company has said it has engaged regulators in the U.S., U.K. European Union and China among other jurisdictions, and that it expects the deal to close in the first quarter of 2022.</p><p><blockquote>与此同时，英伟达正在努力让监管机构签署从软银集团公司收购Arm的交易。该公司表示，已与美国、英国、欧盟和中国等司法管辖区的监管机构接洽，预计该交易将于2022年第一季度完成。</blockquote></p><p>Mr. Huang said Monday that Nvidia was also looking to bring Arm-based products into new markets such as cloud-computing and autonomous systems. Grace, which Nvidia said would be available in early 2023, was among a series of announcements made as part of a company event.</p><p><blockquote>黄先生周一表示，英伟达还在寻求将基于Arm的产品引入云计算和自主系统等新市场。Nvidia表示Grace将于2023年初上市，这是公司活动中发布的一系列公告之一。</blockquote></p><p>It also said that Grace would power supercomputers that the Swiss National Supercomputing Centre and U.S. Department of Energy’s Los Alamos National Laboratory have committed to build.</p><p><blockquote>它还表示，Grace将为瑞士国家超级计算中心和美国的超级计算机提供动力。能源部洛斯阿拉莫斯国家实验室致力于建造。</blockquote></p><p>Nvidia stock rose $32.36, or 5.6% to $608.36 in Monday trading, as the company also said that first-quarter revenue was tracking above its prior guidance of $5.3 billion. Meanwhile Intel shares fell $2.86, or 4.2% to $65.41 and AMD retreated $4,18, or 5.1%, to $78.58.</p><p><blockquote>英伟达股价周一上涨32.36美元，涨幅5.6%，至608.36美元，该公司还表示，第一季度营收高于此前53亿美元的指引。与此同时，英特尔股价下跌2.86美元，跌幅4.2%，至65.41美元，AMD股价下跌4美元，跌幅18美元，至78.58美元，跌幅5.1%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia rose to $624.88, reached record high<blockquote>英伟达涨至624.88美元，创历史新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia rose to $624.88, reached record high<blockquote>英伟达涨至624.88美元，创历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-13 22:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(April 13)&nbsp;Nvidia rose to $624.88, reached record high.</p><p><blockquote>（4月13日）英伟达涨至624.88美元，创历史新高。</blockquote></p><p><img src=\"https://static.tigerbbs.com/58cdb5564725e7ef7bbad787f20a4caf\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Graphics-chip giant&nbsp;Nvidia&nbsp;Corp.&nbsp;is increasing the competitive pressure on&nbsp;Intel&nbsp;Corp.with plans to start selling central-processing units to serve the booming data-center market.</p><p><blockquote>图形芯片巨头英伟达公司正在加大对英特尔公司的竞争压力，计划开始销售中央处理器，以服务于蓬勃发展的数据中心市场。</blockquote></p><p>Nvidia said Monday its first processor for data centers would operate 10 times faster than existing chips. Dubbed Grace, after the famed computer scientist Grace Hopper, the chip is based on technology developed by Arm Ltd., a U.K. chip designer that Nvidia is in the process of&nbsp;buying for around $40 billion.</p><p><blockquote>英伟达周一表示，其首款用于数据中心的处理器的运行速度将比现有芯片快10倍。该芯片以著名计算机科学家格蕾丝·赫柏(Grace Hopper)的名字命名为Grace，基于英国芯片设计公司Arm Ltd.开发的技术，英伟达正在以约400亿美元收购该芯片。</blockquote></p><p>The new chip puts Santa Clara, Calif.-based Nvidia, known for its speedy processors that power videogaming hardware, squarely in competition with Intel, which dominates the global market in supplying chips to data centers, according to Mercury Research. Advanced Micro Devices Inc. is a distant second in chips for data centers.</p><p><blockquote>据Mercury Research称，这款新芯片使总部位于加利福尼亚州圣克拉拉的英伟达（Nvidia）与英特尔（Intel）展开直接竞争，英特尔在向数据中心供应芯片的全球市场上占据主导地位。Advanced Micro Devices Inc.在数据中心芯片领域遥遥领先。</blockquote></p><p>Nvidia last year overtook Intel as the&nbsp;largest chip maker by market value. Its stock has soared in part because of Chief Executive Jensen Huang’s bet on some of the hottest fields in tech, videogaming and artificial intelligence.</p><p><blockquote>英伟达去年超越英特尔，成为市值最大的芯片制造商。其股价飙升的部分原因是首席执行官黄仁勋(Elon Musk)押注于科技、视频游戏和人工智能等一些最热门领域。</blockquote></p><p>The company said that the Grace chip aims to be able to handle a targeted segment of computing where processors need to analyze vast sets of data quickly, a process that requires fast computing performance and massive memory. It can be used for such tasks as language processing and artificial intelligence.</p><p><blockquote>该公司表示，Grace芯片旨在能够处理处理器需要快速分析大量数据集的目标计算领域，这一过程需要快速计算性能和海量内存。它可以用于语言处理和人工智能等任务。</blockquote></p><p>Intel last week launched its latest generation data-center chip that the company said provides faster processing and provides improved features for AI calculations.</p><p><blockquote>英特尔上周推出了最新一代数据中心芯片，该公司表示，该芯片可以提供更快的处理速度，并为人工智能计算提供改进的功能。</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/711e4e75c34bd7570d90abb680b8068c\" tg-width=\"973\" tg-height=\"698\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p>“Leading-edge AI and data science are pushing today’s computer architecture beyond its limits—processing unthinkable amounts of data,” Mr. Huang said in a statement.</p><p><blockquote>“领先的人工智能和数据科学正在推动当今的计算机架构超越其极限——处理难以想象的数据量，”黄先生在一份声明中说。</blockquote></p><p>Nvidia and AMD in recent years&nbsp;have been chipping awayat Intel’s dominance and building up through major acquisitions, which can help with rising development costs and desires by customers for a more diverse set of chips. Intel’s new CEO Pat Gelsinger last month&nbsp;unveiled a far-reaching plan&nbsp;to revive the company’s fortunes, including $20 billion in chip-plant investments and a move into becoming a bigger contract chip maker serving others.</p><p><blockquote>近年来，英伟达和AMD一直在削弱英特尔的主导地位，并通过重大收购进行巩固，这有助于满足不断上升的开发成本和客户对更多样化芯片的需求。英特尔新任首席执行官帕特·基辛格(Pat Gelsinger)上个月公布了一项影响深远的计划，以重振公司的命运，包括投资200亿美元的芯片工厂，以及成为一家为其他公司服务的更大的合同芯片制造商。</blockquote></p><p>AMD is&nbsp;in the process of buying&nbsp;San Diego, Calif.-based chip makerXilinxInc.for $35 billion.</p><p><blockquote>AMD正在以350亿美元收购总部位于加利福尼亚州圣地亚哥的芯片制造商XilinxInc.。</blockquote></p><p>Meanwhile, Nvidia is&nbsp;working to get regulators to sign off&nbsp;on the deal reached to acquire Arm from&nbsp;SoftBank Group&nbsp;Corp.The company has said it has engaged regulators in the U.S., U.K. European Union and China among other jurisdictions, and that it expects the deal to close in the first quarter of 2022.</p><p><blockquote>与此同时，英伟达正在努力让监管机构签署从软银集团公司收购Arm的交易。该公司表示，已与美国、英国、欧盟和中国等司法管辖区的监管机构接洽，预计该交易将于2022年第一季度完成。</blockquote></p><p>Mr. Huang said Monday that Nvidia was also looking to bring Arm-based products into new markets such as cloud-computing and autonomous systems. Grace, which Nvidia said would be available in early 2023, was among a series of announcements made as part of a company event.</p><p><blockquote>黄先生周一表示，英伟达还在寻求将基于Arm的产品引入云计算和自主系统等新市场。Nvidia表示Grace将于2023年初上市，这是公司活动中发布的一系列公告之一。</blockquote></p><p>It also said that Grace would power supercomputers that the Swiss National Supercomputing Centre and U.S. Department of Energy’s Los Alamos National Laboratory have committed to build.</p><p><blockquote>它还表示，Grace将为瑞士国家超级计算中心和美国的超级计算机提供动力。能源部洛斯阿拉莫斯国家实验室致力于建造。</blockquote></p><p>Nvidia stock rose $32.36, or 5.6% to $608.36 in Monday trading, as the company also said that first-quarter revenue was tracking above its prior guidance of $5.3 billion. Meanwhile Intel shares fell $2.86, or 4.2% to $65.41 and AMD retreated $4,18, or 5.1%, to $78.58.</p><p><blockquote>英伟达股价周一上涨32.36美元，涨幅5.6%，至608.36美元，该公司还表示，第一季度营收高于此前53亿美元的指引。与此同时，英特尔股价下跌2.86美元，跌幅4.2%，至65.41美元，AMD股价下跌4美元，跌幅18美元，至78.58美元，跌幅5.1%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182178880","content_text":"(April 13) Nvidia rose to $624.88, reached record high.Graphics-chip giant Nvidia Corp. is increasing the competitive pressure on Intel Corp.with plans to start selling central-processing units to serve the booming data-center market.Nvidia said Monday its first processor for data centers would operate 10 times faster than existing chips. Dubbed Grace, after the famed computer scientist Grace Hopper, the chip is based on technology developed by Arm Ltd., a U.K. chip designer that Nvidia is in the process of buying for around $40 billion.The new chip puts Santa Clara, Calif.-based Nvidia, known for its speedy processors that power videogaming hardware, squarely in competition with Intel, which dominates the global market in supplying chips to data centers, according to Mercury Research. Advanced Micro Devices Inc. is a distant second in chips for data centers.Nvidia last year overtook Intel as the largest chip maker by market value. Its stock has soared in part because of Chief Executive Jensen Huang’s bet on some of the hottest fields in tech, videogaming and artificial intelligence.The company said that the Grace chip aims to be able to handle a targeted segment of computing where processors need to analyze vast sets of data quickly, a process that requires fast computing performance and massive memory. It can be used for such tasks as language processing and artificial intelligence.Intel last week launched its latest generation data-center chip that the company said provides faster processing and provides improved features for AI calculations.“Leading-edge AI and data science are pushing today’s computer architecture beyond its limits—processing unthinkable amounts of data,” Mr. Huang said in a statement.Nvidia and AMD in recent years have been chipping awayat Intel’s dominance and building up through major acquisitions, which can help with rising development costs and desires by customers for a more diverse set of chips. Intel’s new CEO Pat Gelsinger last month unveiled a far-reaching plan to revive the company’s fortunes, including $20 billion in chip-plant investments and a move into becoming a bigger contract chip maker serving others.AMD is in the process of buying San Diego, Calif.-based chip makerXilinxInc.for $35 billion.Meanwhile, Nvidia is working to get regulators to sign off on the deal reached to acquire Arm from SoftBank Group Corp.The company has said it has engaged regulators in the U.S., U.K. European Union and China among other jurisdictions, and that it expects the deal to close in the first quarter of 2022.Mr. Huang said Monday that Nvidia was also looking to bring Arm-based products into new markets such as cloud-computing and autonomous systems. Grace, which Nvidia said would be available in early 2023, was among a series of announcements made as part of a company event.It also said that Grace would power supercomputers that the Swiss National Supercomputing Centre and U.S. Department of Energy’s Los Alamos National Laboratory have committed to build.Nvidia stock rose $32.36, or 5.6% to $608.36 in Monday trading, as the company also said that first-quarter revenue was tracking above its prior guidance of $5.3 billion. Meanwhile Intel shares fell $2.86, or 4.2% to $65.41 and AMD retreated $4,18, or 5.1%, to $78.58.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":2445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351022842,"gmtCreate":1616547228986,"gmtModify":1634525272349,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":16,"repostSize":0,"link":"https://laohu8.com/post/351022842","repostId":"1101903714","repostType":4,"isVote":1,"tweetType":1,"viewCount":941,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350238703,"gmtCreate":1616209519502,"gmtModify":1634526717651,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":13,"repostSize":0,"link":"https://laohu8.com/post/350238703","repostId":"1106180509","repostType":4,"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327488713,"gmtCreate":1616117287632,"gmtModify":1634527153676,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/327488713","repostId":"1103812798","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324943035,"gmtCreate":1615956338627,"gmtModify":1703495507540,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/324943035","repostId":"1107740379","repostType":4,"repost":{"id":"1107740379","kind":"news","pubTimestamp":1615949781,"share":"https://www.laohu8.com/m/news/1107740379?lang=zh_CN&edition=full","pubTime":"2021-03-17 10:56","market":"us","language":"en","title":"5 sturdy value stocks to protect your portfolio from rising interest rates<blockquote>5只稳健的价值股票可保护您的投资组合免受利率上升的影响</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107740379","media":"MarketWatch","summary":"Johnson & Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.It’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.U.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.But considering where Treasurys have been lately, it’s importan","content":"<p>Johnson &amp; Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.</p><p><blockquote>强生、通用汽车和其他三家公司具有很高的内在价值和催化剂，这对大流行后的世界来说是个好兆头。</blockquote></p><p> It’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.</p><p><blockquote>很难想象基准国债收益率介于1%至2%之间会引起股市恐慌，但事实正是如此。</blockquote></p><p> U.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.</p><p><blockquote>美国国债被用作各种贷款的参考利率，大约40年前的利率超过13%，2001年接近5%。</blockquote></p><p> But considering where Treasurys have been lately, it’s important to remember that low and high are relative terms. As recently as last summer, 10-year Treasurys&nbsp;commanded a 0.5% rate. That means interest rates have tripled in less than a year.</p><p><blockquote>但考虑到美国国债最近的走势，重要的是要记住低点和高点是相对的。就在去年夏天，10年期美国国债的利率为0.5%。这意味着利率在不到一年的时间里增加了两倍。</blockquote></p><p> Rapid changes like that can have a real impact on your portfolio. Consider that the massive iShares Core U.S. Aggregate Bond ETF,which has $85 billion under management, has dipped 4% already this year even as the S&amp;P 500 Index&nbsp;of the largest U.S. stocks has powered 5% higher.</p><p><blockquote>像这样的快速变化会对你的投资组合产生真正的影响。考虑到管理着850亿美元的大型iShares核心美国综合债券ETF今年已下跌4%，尽管美国最大股票的标普500指数上涨了5%。</blockquote></p><p> Some analysts predict&nbsp;rates are only getting started, thanks to stimulus checks, government spending and the long-shot chance of tighter policies from the Federal Reserve later this year.</p><p><blockquote>一些分析师预测，由于刺激检查、政府支出以及美联储今年晚些时候收紧政策的可能性很大，利率才刚刚开始。</blockquote></p><p> If you want to insulate your portfolio from rising rates, here are five low-risk value stocks that could see you through any choppiness in the months ahead.</p><p><blockquote>如果您想使您的投资组合免受利率上升的影响，这里有五只低风险价值股票，可以帮助您度过未来几个月的波动。</blockquote></p><p> <b>Bank of America</b></p><p><blockquote><b>美国银行</b></blockquote></p><p> Historically, increases in interest rates mean expanding profit margins for the financial sector. And Bank of America,&nbsp;the second-largest U.S. bank by assets, has a massive scale that is sure to pay off as rates rise.</p><p><blockquote>从历史上看，加息意味着金融业利润率的扩大。美国银行是美国资产第二大银行，规模庞大，随着利率上升，肯定会得到回报。</blockquote></p><p> The stock isn’t just seeing momentum recently because of the prospect of higher rates. The shares are up almost 60% in the past 12 months since the COVID-19 lows of 2020, outperforming the S&amp;P 500 in the same period.&nbsp; It’s also riding an impressive streak of earnings reports, topping Wall Street expectations in 15 of the last 16 quarters.</p><p><blockquote>该股最近的势头不仅仅是因为利率上升的前景。自2020年COVID-19低点以来，该股在过去12个月内上涨了近60%，跑赢了同期的标普500。该公司还发布了令人印象深刻的财报，过去16个季度中有15个季度超出了华尔街的预期。</blockquote></p><p> Adding to the appeal is that at the end of 2020 iconic investor Warren Buffett and his Berkshire Hathaway&nbsp;investment company pumped more than&nbsp;$2 billioninto Bank of America’s stock to push the stake up to nearly 12% of the entire company. That puts BofA as the No. 2 position in Berkshire’s portfolio, behind&nbsp;only tech giant Apple,and giving the stock a huge vote of confidence. What’s more, Buffett &amp; Co. sought approval from the Federal Reserve to double that already massive investment, up to a total of&nbsp;24.9%&nbsp;of Bank of America’s outstanding shares.</p><p><blockquote>更有吸引力的是，2020年底，标志性投资者沃伦·巴菲特和他的伯克希尔·哈撒韦投资公司向美国银行股票注入了超过20亿美元，将其持股比例推高至整个公司的近12%。这使得美国银行在伯克希尔投资组合中排名第二，仅次于科技巨头苹果，并给该股投下了巨大的信任票。更重要的是，巴菲特公司寻求美联储的批准，将这笔已经庞大的投资增加一倍，达到美国银行流通股的24.</blockquote></p><p> Adjusted for splits, BofA stock is back to levels not seen since 2008, before the financial crisis sent shares to low single digits and resulted in a dividend reduction to just a penny per share. The combination of a rising rate environment, strong institutional buying pressure and massive scale make this stock a stable investment that investors may want to look into.</p><p><blockquote>经分拆调整后，美国银行股价已回到2008年以来的最高水平，当时金融危机导致股价跌至低个位数，并导致股息降至每股1美分。利率上升的环境、强大的机构购买压力和庞大的规模相结合，使这只股票成为投资者可能想要关注的稳定投资。</blockquote></p><p> <b>Johnson &amp; Johnson</b></p><p><blockquote><b>强生公司</b></blockquote></p><p> Another mega-cap stock that should be a familiar favorite of value investors, Johnson &amp; Johnson&nbsp;stands out because of a combination of intrinsic value and specific factors that should help it thrive despite the challenges of 2021.</p><p><blockquote>强生公司是另一只应该是价值投资者熟悉的最爱的大型股，它脱颖而出，因为其内在价值和特定因素的结合应该有助于其在2021年面临挑战的情况下蓬勃发展。</blockquote></p><p> J&amp;J is one of only&nbsp;two&nbsp;S&amp;P&nbsp;500 companies (tech giant Microsoft&nbsp;is the other) with a perfect&nbsp;AAA credit rating.&nbsp;It’s also among the 10 largest U.S. companies by market cap, boasts $25 billion in cash and tallies more than $20 billion in annual operating cash flow. When it comes to stability and tangible value on the balance sheet, it’s hard to top this health-care giant.</p><p><blockquote>J&amp;J是仅有的两家拥有完美AAA信用评级的标准普尔500公司之一（科技巨头微软是另一家）。它也是美国市值最大的10家公司之一，拥有250亿美元的现金，年度运营现金流超过200亿美元。就资产负债表的稳定性和有形价值而言，很难超越这家医疗保健巨头。</blockquote></p><p> In 2021, there are also a few factors that should help J&amp;J power even higher. While it is too big and stable to get quite the short-term momentum of a stock like Moderna&nbsp;or Novavax,J&amp;J is set to benefit from a nice tailwind thanks to the fact its own single-dose coronavirus vaccine received&nbsp;Emergency Use Authorization&nbsp;from the U.S. Food and Drug Administration in late February.</p><p><blockquote>2021年，还有一些因素应该有助于强生动力更上一层楼。虽然强生太大太稳定，无法获得Moderna或Novavax等股票的短期势头，但由于其自己的单剂量冠状病毒疫苗获得了美国的紧急使用授权，强生将受益于良好的顺风。食品药品监督管理局在二月下旬。</blockquote></p><p> Johnson &amp; Johnson has a tremendous portfolio of health-care products to fall back on beyond the vaccine, including over-the-counter medication like Tylenol and its eponymous baby-care products, prescription drugs and medical devices. If you want a “sure thing” stock in an uncertain market environment, it could be hard to find a better candidate than JNJ.</p><p><blockquote>除了疫苗之外，强生公司还拥有庞大的医疗保健产品组合，包括泰诺等非处方药及其同名婴儿护理产品、处方药和医疗设备。如果你想在不确定的市场环境中买一只“确定”的股票，可能很难找到比强生更好的候选人。</blockquote></p><p> <b>Walmart</b></p><p><blockquote><b>沃尔玛</b></blockquote></p><p> Keeping with the theme of tremendous scale, big box retailer Walmart&nbsp;is a $380 billion powerhouse that recorded more than $36 billion in operating cash flow last fiscal year. It’s up nearly 50% from its 2020 lows, outperforming the major stock market indexes in the same period, thanks in part to selling groceries and household goods that have remained in strong demand despite disruptions to other spending categories.</p><p><blockquote>与规模巨大的主题保持一致，大型零售商沃尔玛是一家价值3800亿美元的巨头，上一财年的运营现金流超过360亿美元。较2020年低点上涨近50%，跑赢同期主要股市指数，部分原因是尽管其他支出类别受到干扰，但杂货和家庭用品的销售需求仍然强劲。</blockquote></p><p></p><p> This bodes well for the stability of Walmart going forward, as these categories should remain strong for the foreseeable future. Furthermore, the pandemic forced WMT to increase its already impressive digital penetration with customers and accelerated its membership platform Walmart+. This service, at $12 a month or $98 a year, allows for free next-day shipping with no minimum orders and free-from-store delivery for orders of at least $35. There’s even a 5-cent saving on gasoline for members, making this program seem like as good of a value as WMT stock itself.</p><p><blockquote>这对于沃尔玛未来的稳定是个好兆头，因为在可预见的未来，这些品类应该会保持强劲。此外，疫情迫使WMT提高其在客户中已经令人印象深刻的数字渗透率，并加速其会员平台Walmart+。这项服务每月12美元或每年98美元，允许第二天免费送货，没有最低订单，订单至少35美元可免费从商店送货。会员甚至可以节省5美分的汽油费用，这使得该计划看起来与WMT股票本身一样物有所值。</blockquote></p><p> The icing on the cake is an impressive track record of 48 years of consecutive dividend increase that proves Walmart isn’t just a reliable source of income but also a stock that’s committed to its shareholders. Dividends are a tangible sign of real value in a stock, as you have to have regular and material profits to back them up, and a long history of increase shows long-term value investors can depend on WMT regardless of short-term ups and downs for the U.S. economy.</p><p><blockquote>锦上添花的是连续48年股息增加的令人印象深刻的记录，这证明沃尔玛不仅是可靠的收入来源，也是一只对股东有承诺的股票。股息是股票实际价值的切实标志，因为你必须有定期和实质性的利润来支持它们，而长期的增长历史表明，无论短期涨跌如何，长期价值投资者都可以依赖WMT。美国经济。</blockquote></p><p> <b>CVS</b></p><p><blockquote><b>CVS</b></blockquote></p><p> Though you may think of CVS&nbsp;as simply a retailer of a different sort, the reality is that CVS has become much more than a drugstore in 2021. Over the past few years, an investment in acute care and vaccination services in-store has paid off big time as CVS is now a critical part of the vaccine rollout in the U.S. In fact, a recent Wall Street Journal report noted the company has delivered over&nbsp;3 million vaccines.</p><p><blockquote>尽管你可能认为CVS只是一家不同类型的零售商，但现实是，CVS在2021年已经不仅仅是一家药店了。在过去的几年里，对店内急症护理和疫苗接种服务的投资获得了巨大回报，因为CVS现在是美国疫苗推广的重要组成部分。事实上，《华尔街日报》最近的一篇报道指出，该公司已交付了超过300万支疫苗。</blockquote></p><p> That’s a short-term opportunity, to be sure. But more importantly, it has brought all those customers into its store and signed many of them up for marketing updates or its ExtraCare rewards program to keep them coming back over the long haul.</p><p><blockquote>可以肯定的是，这是一个短期机会。但更重要的是，它将所有这些顾客带到了它的商店，并为他们中的许多人注册了营销更新或ExtraCare奖励计划，以让他们长期回来。</blockquote></p><p> Speaking of the long haul, investors should not be fooled into thinking this is just a vaccine play. CVS has been shrewd in recent years, growing into a dominant provider of pharmacy benefit management solutions&nbsp; and even acquiring primary care insurance provider&nbsp;Aetna in 2018. These operations ensure CVS thrives whether individual patients come in to their brick-and-mortar stores with a prescription or not. In fact, under the Global Industry Classification Standard the stock is grouped into “health-care plans” with other stocks like Cigna&nbsp;and UnitedHealthGroup&nbsp;and not with retailers.</p><p><blockquote>从长远来看，投资者不应该被愚弄，认为这只是一场疫苗游戏。CVS近年来精明，成长为药房福利管理解决方案的主导提供商，甚至在2018年收购了初级保健保险提供商Aetna。这些操作确保了CVS的蓬勃发展，无论个别患者是否带着处方来到他们的实体店。事实上，根据全球行业分类标准，该股票与Cigna和UnitedHealthGroup等其他股票一起被归入“医疗保健计划”，而不是零售商。</blockquote></p><p> The kicker is that CVS has a forward price-to-earnings ratio of about 9 right now, less than half that of the S&amp;P 500’s 22, and well below peers like UNH in its industry group that are around 20. With a health-care focus that insulates it from rates and an attractive valuation, CVS is worth a look.</p><p><blockquote>更重要的是，CVS目前的预期市盈率约为9，不到标普500 22的一半，也远低于UNH等行业内20左右的同行。CVS专注于医疗保健，使其免受利率影响，估值也很有吸引力，因此值得一看。</blockquote></p><p> <b>General Motors</b></p><p><blockquote><b>通用汽车</b></blockquote></p><p> I made the case for General Motors&nbsp;earlier this year in a&nbsp;MarketWatch column. And with shares up about 40% year-to-date, it’s worth repeating that call here as GM has a lot of intrinsic value and remains at an attractive price even after this run.</p><p><blockquote>今年早些时候，我在MarketWatch专栏中提出了通用汽车的理由。今年迄今为止，股价上涨了约40%，值得在这里重复看涨期权，因为通用汽车拥有很大的内在价值，即使在这次上涨之后，价格仍然具有吸引力。</blockquote></p><p> Case in point: GM is sitting on a forward P/E of less than 7, compared with 11 for Toyota&nbsp;and about 22 for the market at large.</p><p><blockquote>例证：通用汽车的预期市盈率不到7，而丰田为11，整个市场约为22。</blockquote></p><p> You might say that’s because the market is discounting GM’s stock for a lack of innovation in the age of electric vehicles. But the truth is that GM is actually running with the pack of EV manfucaturers quite well. Its new&nbsp;Ultium battery power system&nbsp;is modular, allowing it to grow quickly into the many vehicle lines offered by this legacy automaker, and its BrightDrop subsidiary continues to innovate with developments include a&nbsp;250-mile range delivery van. GM has publicly pledged to have a 100% electric portfolio by 2035, and is well on its way to that long-term goal.</p><p><blockquote>你可能会说，这是因为市场因通用汽车在电动汽车时代缺乏创新而对其股票进行了折扣。但事实是，通用汽车实际上与电动汽车制造商合作得很好。其新型Ultium电池动力系统是模块化的，使其能够快速发展到这家传统汽车制造商提供的众多车辆系列中，其BrightDrop子公司继续创新，开发了续航里程为250英里的送货车。通用汽车公开承诺到2035年拥有100%的电动产品组合，并且正在顺利实现这一长期目标。</blockquote></p><p> Now, you may write off this promise as the desperate public relations campaign of a company that has already been eclipsed by Tesla.But GM has one big thing Tesla doesn’t — a mature manufacturing operation that cranks out 7.7 million vehicles a year, and property and equipment valued at almost $80 billion, according to SEC filings.</p><p><blockquote>现在，你可能会将这一承诺视为一家已经被特斯拉黯然失色的公司孤注一掷的公关活动。但通用汽车有一件特斯拉没有的大事——根据SEC的文件，它拥有成熟的制造业务，每年生产770万辆汽车，以及价值近800亿美元的财产和设备。</blockquote></p><p> Yes, the pandemic has created short-term disruptions for the automaker. And yes, there is long-term risk of missing out on the EV revolution. But GM has a ton of intrinsic value right now. And if rates are rising thanks to an economic recovery, you can expect folks to eagerly spend on GM vehicles rather than pay more in financing costs or sticker price later.</p><p><blockquote>是的，疫情给汽车制造商造成了短期干扰。是的，存在错过电动汽车革命的长期风险。但通用汽车目前拥有巨大的内在价值。如果利率因经济复苏而上升，你可以预计人们会急切地购买通用汽车汽车，而不是以后支付更多的融资成本或标价。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 sturdy value stocks to protect your portfolio from rising interest rates<blockquote>5只稳健的价值股票可保护您的投资组合免受利率上升的影响</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 sturdy value stocks to protect your portfolio from rising interest rates<blockquote>5只稳健的价值股票可保护您的投资组合免受利率上升的影响</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-03-17 10:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Johnson &amp; Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.</p><p><blockquote>强生、通用汽车和其他三家公司具有很高的内在价值和催化剂，这对大流行后的世界来说是个好兆头。</blockquote></p><p> It’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.</p><p><blockquote>很难想象基准国债收益率介于1%至2%之间会引起股市恐慌，但事实正是如此。</blockquote></p><p> U.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.</p><p><blockquote>美国国债被用作各种贷款的参考利率，大约40年前的利率超过13%，2001年接近5%。</blockquote></p><p> But considering where Treasurys have been lately, it’s important to remember that low and high are relative terms. As recently as last summer, 10-year Treasurys&nbsp;commanded a 0.5% rate. That means interest rates have tripled in less than a year.</p><p><blockquote>但考虑到美国国债最近的走势，重要的是要记住低点和高点是相对的。就在去年夏天，10年期美国国债的利率为0.5%。这意味着利率在不到一年的时间里增加了两倍。</blockquote></p><p> Rapid changes like that can have a real impact on your portfolio. Consider that the massive iShares Core U.S. Aggregate Bond ETF,which has $85 billion under management, has dipped 4% already this year even as the S&amp;P 500 Index&nbsp;of the largest U.S. stocks has powered 5% higher.</p><p><blockquote>像这样的快速变化会对你的投资组合产生真正的影响。考虑到管理着850亿美元的大型iShares核心美国综合债券ETF今年已下跌4%，尽管美国最大股票的标普500指数上涨了5%。</blockquote></p><p> Some analysts predict&nbsp;rates are only getting started, thanks to stimulus checks, government spending and the long-shot chance of tighter policies from the Federal Reserve later this year.</p><p><blockquote>一些分析师预测，由于刺激检查、政府支出以及美联储今年晚些时候收紧政策的可能性很大，利率才刚刚开始。</blockquote></p><p> If you want to insulate your portfolio from rising rates, here are five low-risk value stocks that could see you through any choppiness in the months ahead.</p><p><blockquote>如果您想使您的投资组合免受利率上升的影响，这里有五只低风险价值股票，可以帮助您度过未来几个月的波动。</blockquote></p><p> <b>Bank of America</b></p><p><blockquote><b>美国银行</b></blockquote></p><p> Historically, increases in interest rates mean expanding profit margins for the financial sector. And Bank of America,&nbsp;the second-largest U.S. bank by assets, has a massive scale that is sure to pay off as rates rise.</p><p><blockquote>从历史上看，加息意味着金融业利润率的扩大。美国银行是美国资产第二大银行，规模庞大，随着利率上升，肯定会得到回报。</blockquote></p><p> The stock isn’t just seeing momentum recently because of the prospect of higher rates. The shares are up almost 60% in the past 12 months since the COVID-19 lows of 2020, outperforming the S&amp;P 500 in the same period.&nbsp; It’s also riding an impressive streak of earnings reports, topping Wall Street expectations in 15 of the last 16 quarters.</p><p><blockquote>该股最近的势头不仅仅是因为利率上升的前景。自2020年COVID-19低点以来，该股在过去12个月内上涨了近60%，跑赢了同期的标普500。该公司还发布了令人印象深刻的财报，过去16个季度中有15个季度超出了华尔街的预期。</blockquote></p><p> Adding to the appeal is that at the end of 2020 iconic investor Warren Buffett and his Berkshire Hathaway&nbsp;investment company pumped more than&nbsp;$2 billioninto Bank of America’s stock to push the stake up to nearly 12% of the entire company. That puts BofA as the No. 2 position in Berkshire’s portfolio, behind&nbsp;only tech giant Apple,and giving the stock a huge vote of confidence. What’s more, Buffett &amp; Co. sought approval from the Federal Reserve to double that already massive investment, up to a total of&nbsp;24.9%&nbsp;of Bank of America’s outstanding shares.</p><p><blockquote>更有吸引力的是，2020年底，标志性投资者沃伦·巴菲特和他的伯克希尔·哈撒韦投资公司向美国银行股票注入了超过20亿美元，将其持股比例推高至整个公司的近12%。这使得美国银行在伯克希尔投资组合中排名第二，仅次于科技巨头苹果，并给该股投下了巨大的信任票。更重要的是，巴菲特公司寻求美联储的批准，将这笔已经庞大的投资增加一倍，达到美国银行流通股的24.</blockquote></p><p> Adjusted for splits, BofA stock is back to levels not seen since 2008, before the financial crisis sent shares to low single digits and resulted in a dividend reduction to just a penny per share. The combination of a rising rate environment, strong institutional buying pressure and massive scale make this stock a stable investment that investors may want to look into.</p><p><blockquote>经分拆调整后，美国银行股价已回到2008年以来的最高水平，当时金融危机导致股价跌至低个位数，并导致股息降至每股1美分。利率上升的环境、强大的机构购买压力和庞大的规模相结合，使这只股票成为投资者可能想要关注的稳定投资。</blockquote></p><p> <b>Johnson &amp; Johnson</b></p><p><blockquote><b>强生公司</b></blockquote></p><p> Another mega-cap stock that should be a familiar favorite of value investors, Johnson &amp; Johnson&nbsp;stands out because of a combination of intrinsic value and specific factors that should help it thrive despite the challenges of 2021.</p><p><blockquote>强生公司是另一只应该是价值投资者熟悉的最爱的大型股，它脱颖而出，因为其内在价值和特定因素的结合应该有助于其在2021年面临挑战的情况下蓬勃发展。</blockquote></p><p> J&amp;J is one of only&nbsp;two&nbsp;S&amp;P&nbsp;500 companies (tech giant Microsoft&nbsp;is the other) with a perfect&nbsp;AAA credit rating.&nbsp;It’s also among the 10 largest U.S. companies by market cap, boasts $25 billion in cash and tallies more than $20 billion in annual operating cash flow. When it comes to stability and tangible value on the balance sheet, it’s hard to top this health-care giant.</p><p><blockquote>J&amp;J是仅有的两家拥有完美AAA信用评级的标准普尔500公司之一（科技巨头微软是另一家）。它也是美国市值最大的10家公司之一，拥有250亿美元的现金，年度运营现金流超过200亿美元。就资产负债表的稳定性和有形价值而言，很难超越这家医疗保健巨头。</blockquote></p><p> In 2021, there are also a few factors that should help J&amp;J power even higher. While it is too big and stable to get quite the short-term momentum of a stock like Moderna&nbsp;or Novavax,J&amp;J is set to benefit from a nice tailwind thanks to the fact its own single-dose coronavirus vaccine received&nbsp;Emergency Use Authorization&nbsp;from the U.S. Food and Drug Administration in late February.</p><p><blockquote>2021年，还有一些因素应该有助于强生动力更上一层楼。虽然强生太大太稳定，无法获得Moderna或Novavax等股票的短期势头，但由于其自己的单剂量冠状病毒疫苗获得了美国的紧急使用授权，强生将受益于良好的顺风。食品药品监督管理局在二月下旬。</blockquote></p><p> Johnson &amp; Johnson has a tremendous portfolio of health-care products to fall back on beyond the vaccine, including over-the-counter medication like Tylenol and its eponymous baby-care products, prescription drugs and medical devices. If you want a “sure thing” stock in an uncertain market environment, it could be hard to find a better candidate than JNJ.</p><p><blockquote>除了疫苗之外，强生公司还拥有庞大的医疗保健产品组合，包括泰诺等非处方药及其同名婴儿护理产品、处方药和医疗设备。如果你想在不确定的市场环境中买一只“确定”的股票，可能很难找到比强生更好的候选人。</blockquote></p><p> <b>Walmart</b></p><p><blockquote><b>沃尔玛</b></blockquote></p><p> Keeping with the theme of tremendous scale, big box retailer Walmart&nbsp;is a $380 billion powerhouse that recorded more than $36 billion in operating cash flow last fiscal year. It’s up nearly 50% from its 2020 lows, outperforming the major stock market indexes in the same period, thanks in part to selling groceries and household goods that have remained in strong demand despite disruptions to other spending categories.</p><p><blockquote>与规模巨大的主题保持一致，大型零售商沃尔玛是一家价值3800亿美元的巨头，上一财年的运营现金流超过360亿美元。较2020年低点上涨近50%，跑赢同期主要股市指数，部分原因是尽管其他支出类别受到干扰，但杂货和家庭用品的销售需求仍然强劲。</blockquote></p><p></p><p> This bodes well for the stability of Walmart going forward, as these categories should remain strong for the foreseeable future. Furthermore, the pandemic forced WMT to increase its already impressive digital penetration with customers and accelerated its membership platform Walmart+. This service, at $12 a month or $98 a year, allows for free next-day shipping with no minimum orders and free-from-store delivery for orders of at least $35. There’s even a 5-cent saving on gasoline for members, making this program seem like as good of a value as WMT stock itself.</p><p><blockquote>这对于沃尔玛未来的稳定是个好兆头，因为在可预见的未来，这些品类应该会保持强劲。此外，疫情迫使WMT提高其在客户中已经令人印象深刻的数字渗透率，并加速其会员平台Walmart+。这项服务每月12美元或每年98美元，允许第二天免费送货，没有最低订单，订单至少35美元可免费从商店送货。会员甚至可以节省5美分的汽油费用，这使得该计划看起来与WMT股票本身一样物有所值。</blockquote></p><p> The icing on the cake is an impressive track record of 48 years of consecutive dividend increase that proves Walmart isn’t just a reliable source of income but also a stock that’s committed to its shareholders. Dividends are a tangible sign of real value in a stock, as you have to have regular and material profits to back them up, and a long history of increase shows long-term value investors can depend on WMT regardless of short-term ups and downs for the U.S. economy.</p><p><blockquote>锦上添花的是连续48年股息增加的令人印象深刻的记录，这证明沃尔玛不仅是可靠的收入来源，也是一只对股东有承诺的股票。股息是股票实际价值的切实标志，因为你必须有定期和实质性的利润来支持它们，而长期的增长历史表明，无论短期涨跌如何，长期价值投资者都可以依赖WMT。美国经济。</blockquote></p><p> <b>CVS</b></p><p><blockquote><b>CVS</b></blockquote></p><p> Though you may think of CVS&nbsp;as simply a retailer of a different sort, the reality is that CVS has become much more than a drugstore in 2021. Over the past few years, an investment in acute care and vaccination services in-store has paid off big time as CVS is now a critical part of the vaccine rollout in the U.S. In fact, a recent Wall Street Journal report noted the company has delivered over&nbsp;3 million vaccines.</p><p><blockquote>尽管你可能认为CVS只是一家不同类型的零售商，但现实是，CVS在2021年已经不仅仅是一家药店了。在过去的几年里，对店内急症护理和疫苗接种服务的投资获得了巨大回报，因为CVS现在是美国疫苗推广的重要组成部分。事实上，《华尔街日报》最近的一篇报道指出，该公司已交付了超过300万支疫苗。</blockquote></p><p> That’s a short-term opportunity, to be sure. But more importantly, it has brought all those customers into its store and signed many of them up for marketing updates or its ExtraCare rewards program to keep them coming back over the long haul.</p><p><blockquote>可以肯定的是，这是一个短期机会。但更重要的是，它将所有这些顾客带到了它的商店，并为他们中的许多人注册了营销更新或ExtraCare奖励计划，以让他们长期回来。</blockquote></p><p> Speaking of the long haul, investors should not be fooled into thinking this is just a vaccine play. CVS has been shrewd in recent years, growing into a dominant provider of pharmacy benefit management solutions&nbsp; and even acquiring primary care insurance provider&nbsp;Aetna in 2018. These operations ensure CVS thrives whether individual patients come in to their brick-and-mortar stores with a prescription or not. In fact, under the Global Industry Classification Standard the stock is grouped into “health-care plans” with other stocks like Cigna&nbsp;and UnitedHealthGroup&nbsp;and not with retailers.</p><p><blockquote>从长远来看，投资者不应该被愚弄，认为这只是一场疫苗游戏。CVS近年来精明，成长为药房福利管理解决方案的主导提供商，甚至在2018年收购了初级保健保险提供商Aetna。这些操作确保了CVS的蓬勃发展，无论个别患者是否带着处方来到他们的实体店。事实上，根据全球行业分类标准，该股票与Cigna和UnitedHealthGroup等其他股票一起被归入“医疗保健计划”，而不是零售商。</blockquote></p><p> The kicker is that CVS has a forward price-to-earnings ratio of about 9 right now, less than half that of the S&amp;P 500’s 22, and well below peers like UNH in its industry group that are around 20. With a health-care focus that insulates it from rates and an attractive valuation, CVS is worth a look.</p><p><blockquote>更重要的是，CVS目前的预期市盈率约为9，不到标普500 22的一半，也远低于UNH等行业内20左右的同行。CVS专注于医疗保健，使其免受利率影响，估值也很有吸引力，因此值得一看。</blockquote></p><p> <b>General Motors</b></p><p><blockquote><b>通用汽车</b></blockquote></p><p> I made the case for General Motors&nbsp;earlier this year in a&nbsp;MarketWatch column. And with shares up about 40% year-to-date, it’s worth repeating that call here as GM has a lot of intrinsic value and remains at an attractive price even after this run.</p><p><blockquote>今年早些时候，我在MarketWatch专栏中提出了通用汽车的理由。今年迄今为止，股价上涨了约40%，值得在这里重复看涨期权，因为通用汽车拥有很大的内在价值，即使在这次上涨之后，价格仍然具有吸引力。</blockquote></p><p> Case in point: GM is sitting on a forward P/E of less than 7, compared with 11 for Toyota&nbsp;and about 22 for the market at large.</p><p><blockquote>例证：通用汽车的预期市盈率不到7，而丰田为11，整个市场约为22。</blockquote></p><p> You might say that’s because the market is discounting GM’s stock for a lack of innovation in the age of electric vehicles. But the truth is that GM is actually running with the pack of EV manfucaturers quite well. Its new&nbsp;Ultium battery power system&nbsp;is modular, allowing it to grow quickly into the many vehicle lines offered by this legacy automaker, and its BrightDrop subsidiary continues to innovate with developments include a&nbsp;250-mile range delivery van. GM has publicly pledged to have a 100% electric portfolio by 2035, and is well on its way to that long-term goal.</p><p><blockquote>你可能会说，这是因为市场因通用汽车在电动汽车时代缺乏创新而对其股票进行了折扣。但事实是，通用汽车实际上与电动汽车制造商合作得很好。其新型Ultium电池动力系统是模块化的，使其能够快速发展到这家传统汽车制造商提供的众多车辆系列中，其BrightDrop子公司继续创新，开发了续航里程为250英里的送货车。通用汽车公开承诺到2035年拥有100%的电动产品组合，并且正在顺利实现这一长期目标。</blockquote></p><p> Now, you may write off this promise as the desperate public relations campaign of a company that has already been eclipsed by Tesla.But GM has one big thing Tesla doesn’t — a mature manufacturing operation that cranks out 7.7 million vehicles a year, and property and equipment valued at almost $80 billion, according to SEC filings.</p><p><blockquote>现在，你可能会将这一承诺视为一家已经被特斯拉黯然失色的公司孤注一掷的公关活动。但通用汽车有一件特斯拉没有的大事——根据SEC的文件，它拥有成熟的制造业务，每年生产770万辆汽车，以及价值近800亿美元的财产和设备。</blockquote></p><p> Yes, the pandemic has created short-term disruptions for the automaker. And yes, there is long-term risk of missing out on the EV revolution. But GM has a ton of intrinsic value right now. And if rates are rising thanks to an economic recovery, you can expect folks to eagerly spend on GM vehicles rather than pay more in financing costs or sticker price later.</p><p><blockquote>是的，疫情给汽车制造商造成了短期干扰。是的，存在错过电动汽车革命的长期风险。但通用汽车目前拥有巨大的内在价值。如果利率因经济复苏而上升，你可以预计人们会急切地购买通用汽车汽车，而不是以后支付更多的融资成本或标价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/five-sturdy-value-stocks-to-protect-your-portfolio-from-rising-interest-rates-11615897033?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","WMT":"沃尔玛","BAC":"美国银行","CVS":"西维斯健康","GM":"通用汽车"},"source_url":"https://www.marketwatch.com/story/five-sturdy-value-stocks-to-protect-your-portfolio-from-rising-interest-rates-11615897033?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107740379","content_text":"Johnson & Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.\nIt’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.\nU.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.\nBut considering where Treasurys have been lately, it’s important to remember that low and high are relative terms. As recently as last summer, 10-year Treasurys commanded a 0.5% rate. That means interest rates have tripled in less than a year.\nRapid changes like that can have a real impact on your portfolio. Consider that the massive iShares Core U.S. Aggregate Bond ETF,which has $85 billion under management, has dipped 4% already this year even as the S&P 500 Index of the largest U.S. stocks has powered 5% higher.\nSome analysts predict rates are only getting started, thanks to stimulus checks, government spending and the long-shot chance of tighter policies from the Federal Reserve later this year.\nIf you want to insulate your portfolio from rising rates, here are five low-risk value stocks that could see you through any choppiness in the months ahead.\nBank of America\nHistorically, increases in interest rates mean expanding profit margins for the financial sector. And Bank of America, the second-largest U.S. bank by assets, has a massive scale that is sure to pay off as rates rise.\nThe stock isn’t just seeing momentum recently because of the prospect of higher rates. The shares are up almost 60% in the past 12 months since the COVID-19 lows of 2020, outperforming the S&P 500 in the same period.  It’s also riding an impressive streak of earnings reports, topping Wall Street expectations in 15 of the last 16 quarters.\nAdding to the appeal is that at the end of 2020 iconic investor Warren Buffett and his Berkshire Hathaway investment company pumped more than $2 billioninto Bank of America’s stock to push the stake up to nearly 12% of the entire company. That puts BofA as the No. 2 position in Berkshire’s portfolio, behind only tech giant Apple,and giving the stock a huge vote of confidence. What’s more, Buffett & Co. sought approval from the Federal Reserve to double that already massive investment, up to a total of 24.9% of Bank of America’s outstanding shares.\nAdjusted for splits, BofA stock is back to levels not seen since 2008, before the financial crisis sent shares to low single digits and resulted in a dividend reduction to just a penny per share. The combination of a rising rate environment, strong institutional buying pressure and massive scale make this stock a stable investment that investors may want to look into.\nJohnson & Johnson\nAnother mega-cap stock that should be a familiar favorite of value investors, Johnson & Johnson stands out because of a combination of intrinsic value and specific factors that should help it thrive despite the challenges of 2021.\nJ&J is one of only two S&P 500 companies (tech giant Microsoft is the other) with a perfect AAA credit rating. It’s also among the 10 largest U.S. companies by market cap, boasts $25 billion in cash and tallies more than $20 billion in annual operating cash flow. When it comes to stability and tangible value on the balance sheet, it’s hard to top this health-care giant.\nIn 2021, there are also a few factors that should help J&J power even higher. While it is too big and stable to get quite the short-term momentum of a stock like Moderna or Novavax,J&J is set to benefit from a nice tailwind thanks to the fact its own single-dose coronavirus vaccine received Emergency Use Authorization from the U.S. Food and Drug Administration in late February.\nJohnson & Johnson has a tremendous portfolio of health-care products to fall back on beyond the vaccine, including over-the-counter medication like Tylenol and its eponymous baby-care products, prescription drugs and medical devices. If you want a “sure thing” stock in an uncertain market environment, it could be hard to find a better candidate than JNJ.\nWalmart\nKeeping with the theme of tremendous scale, big box retailer Walmart is a $380 billion powerhouse that recorded more than $36 billion in operating cash flow last fiscal year. It’s up nearly 50% from its 2020 lows, outperforming the major stock market indexes in the same period, thanks in part to selling groceries and household goods that have remained in strong demand despite disruptions to other spending categories.\nThis bodes well for the stability of Walmart going forward, as these categories should remain strong for the foreseeable future. Furthermore, the pandemic forced WMT to increase its already impressive digital penetration with customers and accelerated its membership platform Walmart+. This service, at $12 a month or $98 a year, allows for free next-day shipping with no minimum orders and free-from-store delivery for orders of at least $35. There’s even a 5-cent saving on gasoline for members, making this program seem like as good of a value as WMT stock itself.\nThe icing on the cake is an impressive track record of 48 years of consecutive dividend increase that proves Walmart isn’t just a reliable source of income but also a stock that’s committed to its shareholders. Dividends are a tangible sign of real value in a stock, as you have to have regular and material profits to back them up, and a long history of increase shows long-term value investors can depend on WMT regardless of short-term ups and downs for the U.S. economy.\nCVS\nThough you may think of CVS as simply a retailer of a different sort, the reality is that CVS has become much more than a drugstore in 2021. Over the past few years, an investment in acute care and vaccination services in-store has paid off big time as CVS is now a critical part of the vaccine rollout in the U.S. In fact, a recent Wall Street Journal report noted the company has delivered over 3 million vaccines.\nThat’s a short-term opportunity, to be sure. But more importantly, it has brought all those customers into its store and signed many of them up for marketing updates or its ExtraCare rewards program to keep them coming back over the long haul.\nSpeaking of the long haul, investors should not be fooled into thinking this is just a vaccine play. CVS has been shrewd in recent years, growing into a dominant provider of pharmacy benefit management solutions  and even acquiring primary care insurance provider Aetna in 2018. These operations ensure CVS thrives whether individual patients come in to their brick-and-mortar stores with a prescription or not. In fact, under the Global Industry Classification Standard the stock is grouped into “health-care plans” with other stocks like Cigna and UnitedHealthGroup and not with retailers.\nThe kicker is that CVS has a forward price-to-earnings ratio of about 9 right now, less than half that of the S&P 500’s 22, and well below peers like UNH in its industry group that are around 20. With a health-care focus that insulates it from rates and an attractive valuation, CVS is worth a look.\nGeneral Motors\nI made the case for General Motors earlier this year in a MarketWatch column. And with shares up about 40% year-to-date, it’s worth repeating that call here as GM has a lot of intrinsic value and remains at an attractive price even after this run.\nCase in point: GM is sitting on a forward P/E of less than 7, compared with 11 for Toyota and about 22 for the market at large.\nYou might say that’s because the market is discounting GM’s stock for a lack of innovation in the age of electric vehicles. But the truth is that GM is actually running with the pack of EV manfucaturers quite well. Its new Ultium battery power system is modular, allowing it to grow quickly into the many vehicle lines offered by this legacy automaker, and its BrightDrop subsidiary continues to innovate with developments include a 250-mile range delivery van. GM has publicly pledged to have a 100% electric portfolio by 2035, and is well on its way to that long-term goal.\nNow, you may write off this promise as the desperate public relations campaign of a company that has already been eclipsed by Tesla.But GM has one big thing Tesla doesn’t — a mature manufacturing operation that cranks out 7.7 million vehicles a year, and property and equipment valued at almost $80 billion, according to SEC filings.\nYes, the pandemic has created short-term disruptions for the automaker. And yes, there is long-term risk of missing out on the EV revolution. But GM has a ton of intrinsic value right now. And if rates are rising thanks to an economic recovery, you can expect folks to eagerly spend on GM vehicles rather than pay more in financing costs or sticker price later.","news_type":1,"symbols_score_info":{"CVS":0.9,"BAC":0.9,"JNJ":0.9,"GM":0.9,"WMT":0.9}},"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325132605,"gmtCreate":1615873313907,"gmtModify":1703494294427,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/325132605","repostId":"1105988154","repostType":4,"isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326555552,"gmtCreate":1615689677276,"gmtModify":1703492097352,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"anyone needs like and comment today?let me know how you need 😊","listText":"anyone needs like and comment today?let me know how you need 😊","text":"anyone needs like and comment today?let me know how you need 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/326555552","repostId":"1104628946","repostType":4,"repost":{"id":"1104628946","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615561247,"share":"https://www.laohu8.com/m/news/1104628946?lang=zh_CN&edition=full","pubTime":"2021-03-12 23:00","market":"us","language":"en","title":"Marijuana stocks fall<blockquote>大麻库存下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104628946","media":"Tiger Newspress","summary":"Tilray Inc down 6%,Aphria,Canopy,Aurora,Sundial Growers and Cronos down 3%.","content":"<p>Tilray&nbsp;Inc&nbsp;down&nbsp;6%,Aphria,Canopy,Aurora,Sundial Growers and Cronos down 3%.</p><p><blockquote>Tilray Inc下跌6%，Aphria、Canopy、Aurora、Sundial Growers和Cronos下跌3%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/78fc26b0f02217c25526a73d40b1f353\" tg-width=\"420\" tg-height=\"414\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marijuana stocks fall<blockquote>大麻库存下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarijuana stocks fall<blockquote>大麻库存下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-03-12 23:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tilray&nbsp;Inc&nbsp;down&nbsp;6%,Aphria,Canopy,Aurora,Sundial Growers and Cronos down 3%.</p><p><blockquote>Tilray Inc下跌6%，Aphria、Canopy、Aurora、Sundial Growers和Cronos下跌3%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/78fc26b0f02217c25526a73d40b1f353\" tg-width=\"420\" tg-height=\"414\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc.","CRON":"Cronos Group Inc.","TLRY":"Tilray Inc.","CGC":"Canopy Growth Corporation","ACB":"奥罗拉大麻公司","APHA":"Aphria Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104628946","content_text":"Tilray Inc down 6%,Aphria,Canopy,Aurora,Sundial Growers and Cronos down 3%.","news_type":1,"symbols_score_info":{"APHA":0.9,"CGC":0.9,"ACB":0.9,"CRON":0.9,"TLRY":0.9,"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326127102,"gmtCreate":1615604751506,"gmtModify":1703491532229,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today?&nbsp;let me know how many you need. 😊","listText":"who needs like and comment today?&nbsp;let me know how many you need. 😊","text":"who needs like and comment today? let me know how many you need. 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/326127102","repostId":"1104628946","repostType":4,"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328517896,"gmtCreate":1615540120715,"gmtModify":1703490639348,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊let me how many you need","listText":"who needs like and comment today? 😊let me how many you need","text":"who needs like and comment today? 😊let me how many you need","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/328517896","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://www.laohu8.com/m/news/1199156489?lang=zh_CN&edition=full","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time<blockquote>美国夏令时</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Daylight Saving Time<blockquote>美国夏令时</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Daylight Saving Time<blockquote>美国夏令时</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-03-11 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321893665,"gmtCreate":1615419774457,"gmtModify":1703488739075,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321893665","repostId":"1158871795","repostType":4,"repost":{"id":"1158871795","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615401200,"share":"https://www.laohu8.com/m/news/1158871795?lang=zh_CN&edition=full","pubTime":"2021-03-11 02:33","market":"us","language":"en","title":"Roblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158871795","media":"老虎资讯综合","summary":"Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.Ro","content":"<p>Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.</p><p><blockquote>Roblox股价周三开盘价为每股65美元，比该公司参考价高出约44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f1ba476c7f20db1e462a62e6f1df9db8\" tg-width=\"1847\" tg-height=\"904\"></p><p><blockquote></blockquote></p><p>Roblox Corp.  joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.</p><p><blockquote>Roblox Corp.加入了少数人持股公司转向公开市场以支持增长的行列。这家总部位于加利福尼亚州圣马特奥的视频游戏提供商的股票将于3月10日在纽约证券交易所开始交易，代码为RBLX。这些股票通过直接上市进行交易，绕过了首次公开募股的传统途径。</blockquote></p><p>Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.</p><p><blockquote>Roblox的参考价定为45美元，而不是正式的IPO价格，并且是基于最近的私募市场交易。</blockquote></p><p>Roblox&nbsp;isn’t a traditional videogame company&nbsp;and is using a nontraditional process to potentially reach investors as the pandemic&nbsp;has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.</p><p><blockquote>Roblox不是一家传统的视频游戏公司，由于疫情促使人们在游戏上花费更多时间和金钱，它正在使用非传统流程来吸引投资者。以下是您需要了解的有关该公司及其直接上市计划的信息。</blockquote></p><p>Roblox said in the latest update to its&nbsp;prospectus&nbsp;that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.</p><p><blockquote>Roblox在最新更新的招股说明书中表示，去年向开发者支付了3.287亿美元，比2019年增长了近200%。这远远超过了该公司去年82%的销售额增长，当时总收入为9.239亿美元。</blockquote></p><p>More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.</p><p><blockquote>超过1,250名开发人员通过数字货币Robux赚取了至少10,000美元，这些货币可以兑换成现金。超过300人赚了10万美元或更多。</blockquote></p><p>Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its&nbsp;investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.</p><p><blockquote>Roblox告诉潜在股东要接受其巨额派息。该公司在上周的投资者介绍中表示，计划向创作者支付更多费用，以激励更高质量的内容并资助更大的工程师、设计师、艺术家和制片人团队。</blockquote></p><p><b>What is Roblox?</b></p><p><blockquote><b>Roblox是什么？</b></blockquote></p><p>Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.</p><p><blockquote>Roblox是一个免费的在线平台，拥有数千万款由自己的玩家使用公司提供的工具制作的多人游戏。游戏范围从障碍课程挑战和夺旗游戏的迭代到基于粉红猪小妹和刺猬索尼克等受欢迎角色的比赛。公司官员表示，他们有兴趣增加Roblox在虚拟音乐会和会议等方面的使用。</blockquote></p><p><b>Who plays Roblox and how?</b></p><p><blockquote><b>谁玩Roblox，怎么玩？</b></blockquote></p><p>Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.</p><p><blockquote>Roblox可在计算机、控制台和移动设备上访问。该公司表示，去年其每日用户约为3300万，其中一半以上年龄在13岁以下。Roblox中的玩家以可定制头像的形式出现。</blockquote></p><p><b>Roblox’s Covid boom</b></p><p><blockquote><b>Roblox的新冠疫情热潮</b></blockquote></p><p>Roblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.</p><p><blockquote>Roblox是Covid-19关闭的巨大受益者，关闭迫使孩子们离开教室并远离朋友。由于没有学校可上，生日聚会也被取消，孩子们转向了Roblox，在那里他们可以进行虚拟社交，浏览主题公园，参加音乐会和玩动作游戏，同时还可以使用其流行的文本聊天功能保持联系。</blockquote></p><p>Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.</p><p><blockquote>2020年，日活跃用户跃升85%，达到3260万。玩家在该应用上花费的时间增加了一倍多，达到306亿小时。</blockquote></p><p>That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers&nbsp;and&nbsp;scammers&nbsp;who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.</p><p><blockquote>这种意想不到的、前所未有的增长给开发者社区带来了一些挑战。该公司不得不应对垃圾邮件发送者和诈骗者的涌入，他们试图利用数百万准备好并愿意花父母的钱购买Robux的孩子中的一些人。</blockquote></p><p>In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.</p><p><blockquote>游戏中的弹出窗口承诺如果用户填写调查就可以免费获得Robux，结果却将他们重定向到其他没有Robux甚至更多垃圾邮件的网站。在某些情况下，Roblox开发者会在不知情的情况下安装游戏开发工作室的恶意插件，感染自己的游戏。</blockquote></p><p>“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.</p><p><blockquote>Roblox在招股说明书中表示：“由于我们平台的受欢迎程度，我们相信我们是此类攻击的有吸引力的目标。”该公司表示，正在投资以确保外部方无法访问用户数据，并尽可能防止网络钓鱼、垃圾邮件和恶意软件。</blockquote></p><p>Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.</p><p><blockquote>Roblox的第二大支出（仅次于开发者费用）是基础设施、隐私和安全。这些成本去年跃升69%，达到2.642亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-11 02:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.</p><p><blockquote>Roblox股价周三开盘价为每股65美元，比该公司参考价高出约44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f1ba476c7f20db1e462a62e6f1df9db8\" tg-width=\"1847\" tg-height=\"904\"></p><p><blockquote></blockquote></p><p>Roblox Corp.  joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.</p><p><blockquote>Roblox Corp.加入了少数人持股公司转向公开市场以支持增长的行列。这家总部位于加利福尼亚州圣马特奥的视频游戏提供商的股票将于3月10日在纽约证券交易所开始交易，代码为RBLX。这些股票通过直接上市进行交易，绕过了首次公开募股的传统途径。</blockquote></p><p>Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.</p><p><blockquote>Roblox的参考价定为45美元，而不是正式的IPO价格，并且是基于最近的私募市场交易。</blockquote></p><p>Roblox&nbsp;isn’t a traditional videogame company&nbsp;and is using a nontraditional process to potentially reach investors as the pandemic&nbsp;has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.</p><p><blockquote>Roblox不是一家传统的视频游戏公司，由于疫情促使人们在游戏上花费更多时间和金钱，它正在使用非传统流程来吸引投资者。以下是您需要了解的有关该公司及其直接上市计划的信息。</blockquote></p><p>Roblox said in the latest update to its&nbsp;prospectus&nbsp;that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.</p><p><blockquote>Roblox在最新更新的招股说明书中表示，去年向开发者支付了3.287亿美元，比2019年增长了近200%。这远远超过了该公司去年82%的销售额增长，当时总收入为9.239亿美元。</blockquote></p><p>More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.</p><p><blockquote>超过1,250名开发人员通过数字货币Robux赚取了至少10,000美元，这些货币可以兑换成现金。超过300人赚了10万美元或更多。</blockquote></p><p>Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its&nbsp;investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.</p><p><blockquote>Roblox告诉潜在股东要接受其巨额派息。该公司在上周的投资者介绍中表示，计划向创作者支付更多费用，以激励更高质量的内容并资助更大的工程师、设计师、艺术家和制片人团队。</blockquote></p><p><b>What is Roblox?</b></p><p><blockquote><b>Roblox是什么？</b></blockquote></p><p>Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.</p><p><blockquote>Roblox是一个免费的在线平台，拥有数千万款由自己的玩家使用公司提供的工具制作的多人游戏。游戏范围从障碍课程挑战和夺旗游戏的迭代到基于粉红猪小妹和刺猬索尼克等受欢迎角色的比赛。公司官员表示，他们有兴趣增加Roblox在虚拟音乐会和会议等方面的使用。</blockquote></p><p><b>Who plays Roblox and how?</b></p><p><blockquote><b>谁玩Roblox，怎么玩？</b></blockquote></p><p>Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.</p><p><blockquote>Roblox可在计算机、控制台和移动设备上访问。该公司表示，去年其每日用户约为3300万，其中一半以上年龄在13岁以下。Roblox中的玩家以可定制头像的形式出现。</blockquote></p><p><b>Roblox’s Covid boom</b></p><p><blockquote><b>Roblox的新冠疫情热潮</b></blockquote></p><p>Roblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.</p><p><blockquote>Roblox是Covid-19关闭的巨大受益者，关闭迫使孩子们离开教室并远离朋友。由于没有学校可上，生日聚会也被取消，孩子们转向了Roblox，在那里他们可以进行虚拟社交，浏览主题公园，参加音乐会和玩动作游戏，同时还可以使用其流行的文本聊天功能保持联系。</blockquote></p><p>Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.</p><p><blockquote>2020年，日活跃用户跃升85%，达到3260万。玩家在该应用上花费的时间增加了一倍多，达到306亿小时。</blockquote></p><p>That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers&nbsp;and&nbsp;scammers&nbsp;who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.</p><p><blockquote>这种意想不到的、前所未有的增长给开发者社区带来了一些挑战。该公司不得不应对垃圾邮件发送者和诈骗者的涌入，他们试图利用数百万准备好并愿意花父母的钱购买Robux的孩子中的一些人。</blockquote></p><p>In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.</p><p><blockquote>游戏中的弹出窗口承诺如果用户填写调查就可以免费获得Robux，结果却将他们重定向到其他没有Robux甚至更多垃圾邮件的网站。在某些情况下，Roblox开发者会在不知情的情况下安装游戏开发工作室的恶意插件，感染自己的游戏。</blockquote></p><p>“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.</p><p><blockquote>Roblox在招股说明书中表示：“由于我们平台的受欢迎程度，我们相信我们是此类攻击的有吸引力的目标。”该公司表示，正在投资以确保外部方无法访问用户数据，并尽可能防止网络钓鱼、垃圾邮件和恶意软件。</blockquote></p><p>Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.</p><p><blockquote>Roblox的第二大支出（仅次于开发者费用）是基础设施、隐私和安全。这些成本去年跃升69%，达到2.642亿美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158871795","content_text":"Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.Roblox Corp.  joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.Roblox isn’t a traditional videogame company and is using a nontraditional process to potentially reach investors as the pandemic has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.Roblox said in the latest update to its prospectus that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.What is Roblox?Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.Who plays Roblox and how?Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.Roblox’s Covid boomRoblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers and scammers who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.","news_type":1,"symbols_score_info":{"RBLX":0.9}},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321176027,"gmtCreate":1615418458069,"gmtModify":1703488714551,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321176027","repostId":"1158871795","repostType":4,"repost":{"id":"1158871795","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615401200,"share":"https://www.laohu8.com/m/news/1158871795?lang=zh_CN&edition=full","pubTime":"2021-03-11 02:33","market":"us","language":"en","title":"Roblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158871795","media":"老虎资讯综合","summary":"Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.Ro","content":"<p>Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.</p><p><blockquote>Roblox股价周三开盘价为每股65美元，比该公司参考价高出约44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f1ba476c7f20db1e462a62e6f1df9db8\" tg-width=\"1847\" tg-height=\"904\"></p><p><blockquote></blockquote></p><p>Roblox Corp.  joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.</p><p><blockquote>Roblox Corp.加入了少数人持股公司转向公开市场以支持增长的行列。这家总部位于加利福尼亚州圣马特奥的视频游戏提供商的股票将于3月10日在纽约证券交易所开始交易，代码为RBLX。这些股票通过直接上市进行交易，绕过了首次公开募股的传统途径。</blockquote></p><p>Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.</p><p><blockquote>Roblox的参考价定为45美元，而不是正式的IPO价格，并且是基于最近的私募市场交易。</blockquote></p><p>Roblox&nbsp;isn’t a traditional videogame company&nbsp;and is using a nontraditional process to potentially reach investors as the pandemic&nbsp;has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.</p><p><blockquote>Roblox不是一家传统的视频游戏公司，由于疫情促使人们在游戏上花费更多时间和金钱，它正在使用非传统流程来吸引投资者。以下是您需要了解的有关该公司及其直接上市计划的信息。</blockquote></p><p>Roblox said in the latest update to its&nbsp;prospectus&nbsp;that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.</p><p><blockquote>Roblox在最新更新的招股说明书中表示，去年向开发者支付了3.287亿美元，比2019年增长了近200%。这远远超过了该公司去年82%的销售额增长，当时总收入为9.239亿美元。</blockquote></p><p>More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.</p><p><blockquote>超过1,250名开发人员通过数字货币Robux赚取了至少10,000美元，这些货币可以兑换成现金。超过300人赚了10万美元或更多。</blockquote></p><p>Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its&nbsp;investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.</p><p><blockquote>Roblox告诉潜在股东要接受其巨额派息。该公司在上周的投资者介绍中表示，计划向创作者支付更多费用，以激励更高质量的内容并资助更大的工程师、设计师、艺术家和制片人团队。</blockquote></p><p><b>What is Roblox?</b></p><p><blockquote><b>Roblox是什么？</b></blockquote></p><p>Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.</p><p><blockquote>Roblox是一个免费的在线平台，拥有数千万款由自己的玩家使用公司提供的工具制作的多人游戏。游戏范围从障碍课程挑战和夺旗游戏的迭代到基于粉红猪小妹和刺猬索尼克等受欢迎角色的比赛。公司官员表示，他们有兴趣增加Roblox在虚拟音乐会和会议等方面的使用。</blockquote></p><p><b>Who plays Roblox and how?</b></p><p><blockquote><b>谁玩Roblox，怎么玩？</b></blockquote></p><p>Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.</p><p><blockquote>Roblox可在计算机、控制台和移动设备上访问。该公司表示，去年其每日用户约为3300万，其中一半以上年龄在13岁以下。Roblox中的玩家以可定制头像的形式出现。</blockquote></p><p><b>Roblox’s Covid boom</b></p><p><blockquote><b>Roblox的新冠疫情热潮</b></blockquote></p><p>Roblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.</p><p><blockquote>Roblox是Covid-19关闭的巨大受益者，关闭迫使孩子们离开教室并远离朋友。由于没有学校可上，生日聚会也被取消，孩子们转向了Roblox，在那里他们可以进行虚拟社交，浏览主题公园，参加音乐会和玩动作游戏，同时还可以使用其流行的文本聊天功能保持联系。</blockquote></p><p>Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.</p><p><blockquote>2020年，日活跃用户跃升85%，达到3260万。玩家在该应用上花费的时间增加了一倍多，达到306亿小时。</blockquote></p><p>That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers&nbsp;and&nbsp;scammers&nbsp;who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.</p><p><blockquote>这种意想不到的、前所未有的增长给开发者社区带来了一些挑战。该公司不得不应对垃圾邮件发送者和诈骗者的涌入，他们试图利用数百万准备好并愿意花父母的钱购买Robux的孩子中的一些人。</blockquote></p><p>In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.</p><p><blockquote>游戏中的弹出窗口承诺如果用户填写调查就可以免费获得Robux，结果却将他们重定向到其他没有Robux甚至更多垃圾邮件的网站。在某些情况下，Roblox开发者会在不知情的情况下安装游戏开发工作室的恶意插件，感染自己的游戏。</blockquote></p><p>“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.</p><p><blockquote>Roblox在招股说明书中表示：“由于我们平台的受欢迎程度，我们相信我们是此类攻击的有吸引力的目标。”该公司表示，正在投资以确保外部方无法访问用户数据，并尽可能防止网络钓鱼、垃圾邮件和恶意软件。</blockquote></p><p>Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.</p><p><blockquote>Roblox的第二大支出（仅次于开发者费用）是基础设施、隐私和安全。这些成本去年跃升69%，达到2.642亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox spikes 44% on its first day of trading<blockquote>Roblox首日交易飙升44%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-11 02:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.</p><p><blockquote>Roblox股价周三开盘价为每股65美元，比该公司参考价高出约44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f1ba476c7f20db1e462a62e6f1df9db8\" tg-width=\"1847\" tg-height=\"904\"></p><p><blockquote></blockquote></p><p>Roblox Corp.  joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.</p><p><blockquote>Roblox Corp.加入了少数人持股公司转向公开市场以支持增长的行列。这家总部位于加利福尼亚州圣马特奥的视频游戏提供商的股票将于3月10日在纽约证券交易所开始交易，代码为RBLX。这些股票通过直接上市进行交易，绕过了首次公开募股的传统途径。</blockquote></p><p>Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.</p><p><blockquote>Roblox的参考价定为45美元，而不是正式的IPO价格，并且是基于最近的私募市场交易。</blockquote></p><p>Roblox&nbsp;isn’t a traditional videogame company&nbsp;and is using a nontraditional process to potentially reach investors as the pandemic&nbsp;has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.</p><p><blockquote>Roblox不是一家传统的视频游戏公司，由于疫情促使人们在游戏上花费更多时间和金钱，它正在使用非传统流程来吸引投资者。以下是您需要了解的有关该公司及其直接上市计划的信息。</blockquote></p><p>Roblox said in the latest update to its&nbsp;prospectus&nbsp;that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.</p><p><blockquote>Roblox在最新更新的招股说明书中表示，去年向开发者支付了3.287亿美元，比2019年增长了近200%。这远远超过了该公司去年82%的销售额增长，当时总收入为9.239亿美元。</blockquote></p><p>More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.</p><p><blockquote>超过1,250名开发人员通过数字货币Robux赚取了至少10,000美元，这些货币可以兑换成现金。超过300人赚了10万美元或更多。</blockquote></p><p>Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its&nbsp;investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.</p><p><blockquote>Roblox告诉潜在股东要接受其巨额派息。该公司在上周的投资者介绍中表示，计划向创作者支付更多费用，以激励更高质量的内容并资助更大的工程师、设计师、艺术家和制片人团队。</blockquote></p><p><b>What is Roblox?</b></p><p><blockquote><b>Roblox是什么？</b></blockquote></p><p>Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.</p><p><blockquote>Roblox是一个免费的在线平台，拥有数千万款由自己的玩家使用公司提供的工具制作的多人游戏。游戏范围从障碍课程挑战和夺旗游戏的迭代到基于粉红猪小妹和刺猬索尼克等受欢迎角色的比赛。公司官员表示，他们有兴趣增加Roblox在虚拟音乐会和会议等方面的使用。</blockquote></p><p><b>Who plays Roblox and how?</b></p><p><blockquote><b>谁玩Roblox，怎么玩？</b></blockquote></p><p>Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.</p><p><blockquote>Roblox可在计算机、控制台和移动设备上访问。该公司表示，去年其每日用户约为3300万，其中一半以上年龄在13岁以下。Roblox中的玩家以可定制头像的形式出现。</blockquote></p><p><b>Roblox’s Covid boom</b></p><p><blockquote><b>Roblox的新冠疫情热潮</b></blockquote></p><p>Roblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.</p><p><blockquote>Roblox是Covid-19关闭的巨大受益者，关闭迫使孩子们离开教室并远离朋友。由于没有学校可上，生日聚会也被取消，孩子们转向了Roblox，在那里他们可以进行虚拟社交，浏览主题公园，参加音乐会和玩动作游戏，同时还可以使用其流行的文本聊天功能保持联系。</blockquote></p><p>Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.</p><p><blockquote>2020年，日活跃用户跃升85%，达到3260万。玩家在该应用上花费的时间增加了一倍多，达到306亿小时。</blockquote></p><p>That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers&nbsp;and&nbsp;scammers&nbsp;who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.</p><p><blockquote>这种意想不到的、前所未有的增长给开发者社区带来了一些挑战。该公司不得不应对垃圾邮件发送者和诈骗者的涌入，他们试图利用数百万准备好并愿意花父母的钱购买Robux的孩子中的一些人。</blockquote></p><p>In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.</p><p><blockquote>游戏中的弹出窗口承诺如果用户填写调查就可以免费获得Robux，结果却将他们重定向到其他没有Robux甚至更多垃圾邮件的网站。在某些情况下，Roblox开发者会在不知情的情况下安装游戏开发工作室的恶意插件，感染自己的游戏。</blockquote></p><p>“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.</p><p><blockquote>Roblox在招股说明书中表示：“由于我们平台的受欢迎程度，我们相信我们是此类攻击的有吸引力的目标。”该公司表示，正在投资以确保外部方无法访问用户数据，并尽可能防止网络钓鱼、垃圾邮件和恶意软件。</blockquote></p><p>Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.</p><p><blockquote>Roblox的第二大支出（仅次于开发者费用）是基础设施、隐私和安全。这些成本去年跃升69%，达到2.642亿美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158871795","content_text":"Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.Roblox Corp.  joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.Roblox isn’t a traditional videogame company and is using a nontraditional process to potentially reach investors as the pandemic has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.Roblox said in the latest update to its prospectus that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.What is Roblox?Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.Who plays Roblox and how?Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.Roblox’s Covid boomRoblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers and scammers who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.","news_type":1,"symbols_score_info":{"RBLX":0.9}},"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":351022842,"gmtCreate":1616547228986,"gmtModify":1634525272349,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":16,"repostSize":0,"link":"https://laohu8.com/post/351022842","repostId":"1101903714","repostType":4,"isVote":1,"tweetType":1,"viewCount":941,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350238703,"gmtCreate":1616209519502,"gmtModify":1634526717651,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":13,"repostSize":0,"link":"https://laohu8.com/post/350238703","repostId":"1106180509","repostType":4,"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153673492,"gmtCreate":1625024461516,"gmtModify":1631889493023,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"Important is it&nbsp;sustainable?&nbsp;Well,&nbsp;looks like it is","listText":"Important is it&nbsp;sustainable?&nbsp;Well,&nbsp;looks like it is","text":"Important is it sustainable? Well, looks like it is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":10,"repostSize":0,"link":"https://laohu8.com/post/153673492","repostId":"1122418477","repostType":4,"isVote":1,"tweetType":1,"viewCount":2114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345585789,"gmtCreate":1618323785141,"gmtModify":1631889493124,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"anyone needs like and comment today? 😊","listText":"anyone needs like and comment today? 😊","text":"anyone needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/345585789","repostId":"1182178880","repostType":4,"repost":{"id":"1182178880","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618322441,"share":"https://www.laohu8.com/m/news/1182178880?lang=zh_CN&edition=full","pubTime":"2021-04-13 22:00","market":"us","language":"en","title":"Nvidia rose to $624.88, reached record high<blockquote>英伟达涨至624.88美元，创历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1182178880","media":"Tiger Newspress","summary":"(April 13) Nvidia rose to $624.88, reached record high.Graphics-chip giant Nvidia Corp. is increasin","content":"<p>(April 13)&nbsp;Nvidia rose to $624.88, reached record high.</p><p><blockquote>（4月13日）英伟达涨至624.88美元，创历史新高。</blockquote></p><p><img src=\"https://static.tigerbbs.com/58cdb5564725e7ef7bbad787f20a4caf\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Graphics-chip giant&nbsp;Nvidia&nbsp;Corp.&nbsp;is increasing the competitive pressure on&nbsp;Intel&nbsp;Corp.with plans to start selling central-processing units to serve the booming data-center market.</p><p><blockquote>图形芯片巨头英伟达公司正在加大对英特尔公司的竞争压力，计划开始销售中央处理器，以服务于蓬勃发展的数据中心市场。</blockquote></p><p>Nvidia said Monday its first processor for data centers would operate 10 times faster than existing chips. Dubbed Grace, after the famed computer scientist Grace Hopper, the chip is based on technology developed by Arm Ltd., a U.K. chip designer that Nvidia is in the process of&nbsp;buying for around $40 billion.</p><p><blockquote>英伟达周一表示，其首款用于数据中心的处理器的运行速度将比现有芯片快10倍。该芯片以著名计算机科学家格蕾丝·赫柏(Grace Hopper)的名字命名为Grace，基于英国芯片设计公司Arm Ltd.开发的技术，英伟达正在以约400亿美元收购该芯片。</blockquote></p><p>The new chip puts Santa Clara, Calif.-based Nvidia, known for its speedy processors that power videogaming hardware, squarely in competition with Intel, which dominates the global market in supplying chips to data centers, according to Mercury Research. Advanced Micro Devices Inc. is a distant second in chips for data centers.</p><p><blockquote>据Mercury Research称，这款新芯片使总部位于加利福尼亚州圣克拉拉的英伟达（Nvidia）与英特尔（Intel）展开直接竞争，英特尔在向数据中心供应芯片的全球市场上占据主导地位。Advanced Micro Devices Inc.在数据中心芯片领域遥遥领先。</blockquote></p><p>Nvidia last year overtook Intel as the&nbsp;largest chip maker by market value. Its stock has soared in part because of Chief Executive Jensen Huang’s bet on some of the hottest fields in tech, videogaming and artificial intelligence.</p><p><blockquote>英伟达去年超越英特尔，成为市值最大的芯片制造商。其股价飙升的部分原因是首席执行官黄仁勋(Elon Musk)押注于科技、视频游戏和人工智能等一些最热门领域。</blockquote></p><p>The company said that the Grace chip aims to be able to handle a targeted segment of computing where processors need to analyze vast sets of data quickly, a process that requires fast computing performance and massive memory. It can be used for such tasks as language processing and artificial intelligence.</p><p><blockquote>该公司表示，Grace芯片旨在能够处理处理器需要快速分析大量数据集的目标计算领域，这一过程需要快速计算性能和海量内存。它可以用于语言处理和人工智能等任务。</blockquote></p><p>Intel last week launched its latest generation data-center chip that the company said provides faster processing and provides improved features for AI calculations.</p><p><blockquote>英特尔上周推出了最新一代数据中心芯片，该公司表示，该芯片可以提供更快的处理速度，并为人工智能计算提供改进的功能。</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/711e4e75c34bd7570d90abb680b8068c\" tg-width=\"973\" tg-height=\"698\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p>“Leading-edge AI and data science are pushing today’s computer architecture beyond its limits—processing unthinkable amounts of data,” Mr. Huang said in a statement.</p><p><blockquote>“领先的人工智能和数据科学正在推动当今的计算机架构超越其极限——处理难以想象的数据量，”黄先生在一份声明中说。</blockquote></p><p>Nvidia and AMD in recent years&nbsp;have been chipping awayat Intel’s dominance and building up through major acquisitions, which can help with rising development costs and desires by customers for a more diverse set of chips. Intel’s new CEO Pat Gelsinger last month&nbsp;unveiled a far-reaching plan&nbsp;to revive the company’s fortunes, including $20 billion in chip-plant investments and a move into becoming a bigger contract chip maker serving others.</p><p><blockquote>近年来，英伟达和AMD一直在削弱英特尔的主导地位，并通过重大收购进行巩固，这有助于满足不断上升的开发成本和客户对更多样化芯片的需求。英特尔新任首席执行官帕特·基辛格(Pat Gelsinger)上个月公布了一项影响深远的计划，以重振公司的命运，包括投资200亿美元的芯片工厂，以及成为一家为其他公司服务的更大的合同芯片制造商。</blockquote></p><p>AMD is&nbsp;in the process of buying&nbsp;San Diego, Calif.-based chip makerXilinxInc.for $35 billion.</p><p><blockquote>AMD正在以350亿美元收购总部位于加利福尼亚州圣地亚哥的芯片制造商XilinxInc.。</blockquote></p><p>Meanwhile, Nvidia is&nbsp;working to get regulators to sign off&nbsp;on the deal reached to acquire Arm from&nbsp;SoftBank Group&nbsp;Corp.The company has said it has engaged regulators in the U.S., U.K. European Union and China among other jurisdictions, and that it expects the deal to close in the first quarter of 2022.</p><p><blockquote>与此同时，英伟达正在努力让监管机构签署从软银集团公司收购Arm的交易。该公司表示，已与美国、英国、欧盟和中国等司法管辖区的监管机构接洽，预计该交易将于2022年第一季度完成。</blockquote></p><p>Mr. Huang said Monday that Nvidia was also looking to bring Arm-based products into new markets such as cloud-computing and autonomous systems. Grace, which Nvidia said would be available in early 2023, was among a series of announcements made as part of a company event.</p><p><blockquote>黄先生周一表示，英伟达还在寻求将基于Arm的产品引入云计算和自主系统等新市场。Nvidia表示Grace将于2023年初上市，这是公司活动中发布的一系列公告之一。</blockquote></p><p>It also said that Grace would power supercomputers that the Swiss National Supercomputing Centre and U.S. Department of Energy’s Los Alamos National Laboratory have committed to build.</p><p><blockquote>它还表示，Grace将为瑞士国家超级计算中心和美国的超级计算机提供动力。能源部洛斯阿拉莫斯国家实验室致力于建造。</blockquote></p><p>Nvidia stock rose $32.36, or 5.6% to $608.36 in Monday trading, as the company also said that first-quarter revenue was tracking above its prior guidance of $5.3 billion. Meanwhile Intel shares fell $2.86, or 4.2% to $65.41 and AMD retreated $4,18, or 5.1%, to $78.58.</p><p><blockquote>英伟达股价周一上涨32.36美元，涨幅5.6%，至608.36美元，该公司还表示，第一季度营收高于此前53亿美元的指引。与此同时，英特尔股价下跌2.86美元，跌幅4.2%，至65.41美元，AMD股价下跌4美元，跌幅18美元，至78.58美元，跌幅5.1%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia rose to $624.88, reached record high<blockquote>英伟达涨至624.88美元，创历史新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia rose to $624.88, reached record high<blockquote>英伟达涨至624.88美元，创历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-13 22:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(April 13)&nbsp;Nvidia rose to $624.88, reached record high.</p><p><blockquote>（4月13日）英伟达涨至624.88美元，创历史新高。</blockquote></p><p><img src=\"https://static.tigerbbs.com/58cdb5564725e7ef7bbad787f20a4caf\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Graphics-chip giant&nbsp;Nvidia&nbsp;Corp.&nbsp;is increasing the competitive pressure on&nbsp;Intel&nbsp;Corp.with plans to start selling central-processing units to serve the booming data-center market.</p><p><blockquote>图形芯片巨头英伟达公司正在加大对英特尔公司的竞争压力，计划开始销售中央处理器，以服务于蓬勃发展的数据中心市场。</blockquote></p><p>Nvidia said Monday its first processor for data centers would operate 10 times faster than existing chips. Dubbed Grace, after the famed computer scientist Grace Hopper, the chip is based on technology developed by Arm Ltd., a U.K. chip designer that Nvidia is in the process of&nbsp;buying for around $40 billion.</p><p><blockquote>英伟达周一表示，其首款用于数据中心的处理器的运行速度将比现有芯片快10倍。该芯片以著名计算机科学家格蕾丝·赫柏(Grace Hopper)的名字命名为Grace，基于英国芯片设计公司Arm Ltd.开发的技术，英伟达正在以约400亿美元收购该芯片。</blockquote></p><p>The new chip puts Santa Clara, Calif.-based Nvidia, known for its speedy processors that power videogaming hardware, squarely in competition with Intel, which dominates the global market in supplying chips to data centers, according to Mercury Research. Advanced Micro Devices Inc. is a distant second in chips for data centers.</p><p><blockquote>据Mercury Research称，这款新芯片使总部位于加利福尼亚州圣克拉拉的英伟达（Nvidia）与英特尔（Intel）展开直接竞争，英特尔在向数据中心供应芯片的全球市场上占据主导地位。Advanced Micro Devices Inc.在数据中心芯片领域遥遥领先。</blockquote></p><p>Nvidia last year overtook Intel as the&nbsp;largest chip maker by market value. Its stock has soared in part because of Chief Executive Jensen Huang’s bet on some of the hottest fields in tech, videogaming and artificial intelligence.</p><p><blockquote>英伟达去年超越英特尔，成为市值最大的芯片制造商。其股价飙升的部分原因是首席执行官黄仁勋(Elon Musk)押注于科技、视频游戏和人工智能等一些最热门领域。</blockquote></p><p>The company said that the Grace chip aims to be able to handle a targeted segment of computing where processors need to analyze vast sets of data quickly, a process that requires fast computing performance and massive memory. It can be used for such tasks as language processing and artificial intelligence.</p><p><blockquote>该公司表示，Grace芯片旨在能够处理处理器需要快速分析大量数据集的目标计算领域，这一过程需要快速计算性能和海量内存。它可以用于语言处理和人工智能等任务。</blockquote></p><p>Intel last week launched its latest generation data-center chip that the company said provides faster processing and provides improved features for AI calculations.</p><p><blockquote>英特尔上周推出了最新一代数据中心芯片，该公司表示，该芯片可以提供更快的处理速度，并为人工智能计算提供改进的功能。</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/711e4e75c34bd7570d90abb680b8068c\" tg-width=\"973\" tg-height=\"698\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p>“Leading-edge AI and data science are pushing today’s computer architecture beyond its limits—processing unthinkable amounts of data,” Mr. Huang said in a statement.</p><p><blockquote>“领先的人工智能和数据科学正在推动当今的计算机架构超越其极限——处理难以想象的数据量，”黄先生在一份声明中说。</blockquote></p><p>Nvidia and AMD in recent years&nbsp;have been chipping awayat Intel’s dominance and building up through major acquisitions, which can help with rising development costs and desires by customers for a more diverse set of chips. Intel’s new CEO Pat Gelsinger last month&nbsp;unveiled a far-reaching plan&nbsp;to revive the company’s fortunes, including $20 billion in chip-plant investments and a move into becoming a bigger contract chip maker serving others.</p><p><blockquote>近年来，英伟达和AMD一直在削弱英特尔的主导地位，并通过重大收购进行巩固，这有助于满足不断上升的开发成本和客户对更多样化芯片的需求。英特尔新任首席执行官帕特·基辛格(Pat Gelsinger)上个月公布了一项影响深远的计划，以重振公司的命运，包括投资200亿美元的芯片工厂，以及成为一家为其他公司服务的更大的合同芯片制造商。</blockquote></p><p>AMD is&nbsp;in the process of buying&nbsp;San Diego, Calif.-based chip makerXilinxInc.for $35 billion.</p><p><blockquote>AMD正在以350亿美元收购总部位于加利福尼亚州圣地亚哥的芯片制造商XilinxInc.。</blockquote></p><p>Meanwhile, Nvidia is&nbsp;working to get regulators to sign off&nbsp;on the deal reached to acquire Arm from&nbsp;SoftBank Group&nbsp;Corp.The company has said it has engaged regulators in the U.S., U.K. European Union and China among other jurisdictions, and that it expects the deal to close in the first quarter of 2022.</p><p><blockquote>与此同时，英伟达正在努力让监管机构签署从软银集团公司收购Arm的交易。该公司表示，已与美国、英国、欧盟和中国等司法管辖区的监管机构接洽，预计该交易将于2022年第一季度完成。</blockquote></p><p>Mr. Huang said Monday that Nvidia was also looking to bring Arm-based products into new markets such as cloud-computing and autonomous systems. Grace, which Nvidia said would be available in early 2023, was among a series of announcements made as part of a company event.</p><p><blockquote>黄先生周一表示，英伟达还在寻求将基于Arm的产品引入云计算和自主系统等新市场。Nvidia表示Grace将于2023年初上市，这是公司活动中发布的一系列公告之一。</blockquote></p><p>It also said that Grace would power supercomputers that the Swiss National Supercomputing Centre and U.S. Department of Energy’s Los Alamos National Laboratory have committed to build.</p><p><blockquote>它还表示，Grace将为瑞士国家超级计算中心和美国的超级计算机提供动力。能源部洛斯阿拉莫斯国家实验室致力于建造。</blockquote></p><p>Nvidia stock rose $32.36, or 5.6% to $608.36 in Monday trading, as the company also said that first-quarter revenue was tracking above its prior guidance of $5.3 billion. Meanwhile Intel shares fell $2.86, or 4.2% to $65.41 and AMD retreated $4,18, or 5.1%, to $78.58.</p><p><blockquote>英伟达股价周一上涨32.36美元，涨幅5.6%，至608.36美元，该公司还表示，第一季度营收高于此前53亿美元的指引。与此同时，英特尔股价下跌2.86美元，跌幅4.2%，至65.41美元，AMD股价下跌4美元，跌幅18美元，至78.58美元，跌幅5.1%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182178880","content_text":"(April 13) Nvidia rose to $624.88, reached record high.Graphics-chip giant Nvidia Corp. is increasing the competitive pressure on Intel Corp.with plans to start selling central-processing units to serve the booming data-center market.Nvidia said Monday its first processor for data centers would operate 10 times faster than existing chips. Dubbed Grace, after the famed computer scientist Grace Hopper, the chip is based on technology developed by Arm Ltd., a U.K. chip designer that Nvidia is in the process of buying for around $40 billion.The new chip puts Santa Clara, Calif.-based Nvidia, known for its speedy processors that power videogaming hardware, squarely in competition with Intel, which dominates the global market in supplying chips to data centers, according to Mercury Research. Advanced Micro Devices Inc. is a distant second in chips for data centers.Nvidia last year overtook Intel as the largest chip maker by market value. Its stock has soared in part because of Chief Executive Jensen Huang’s bet on some of the hottest fields in tech, videogaming and artificial intelligence.The company said that the Grace chip aims to be able to handle a targeted segment of computing where processors need to analyze vast sets of data quickly, a process that requires fast computing performance and massive memory. It can be used for such tasks as language processing and artificial intelligence.Intel last week launched its latest generation data-center chip that the company said provides faster processing and provides improved features for AI calculations.“Leading-edge AI and data science are pushing today’s computer architecture beyond its limits—processing unthinkable amounts of data,” Mr. Huang said in a statement.Nvidia and AMD in recent years have been chipping awayat Intel’s dominance and building up through major acquisitions, which can help with rising development costs and desires by customers for a more diverse set of chips. Intel’s new CEO Pat Gelsinger last month unveiled a far-reaching plan to revive the company’s fortunes, including $20 billion in chip-plant investments and a move into becoming a bigger contract chip maker serving others.AMD is in the process of buying San Diego, Calif.-based chip makerXilinxInc.for $35 billion.Meanwhile, Nvidia is working to get regulators to sign off on the deal reached to acquire Arm from SoftBank Group Corp.The company has said it has engaged regulators in the U.S., U.K. European Union and China among other jurisdictions, and that it expects the deal to close in the first quarter of 2022.Mr. Huang said Monday that Nvidia was also looking to bring Arm-based products into new markets such as cloud-computing and autonomous systems. Grace, which Nvidia said would be available in early 2023, was among a series of announcements made as part of a company event.It also said that Grace would power supercomputers that the Swiss National Supercomputing Centre and U.S. Department of Energy’s Los Alamos National Laboratory have committed to build.Nvidia stock rose $32.36, or 5.6% to $608.36 in Monday trading, as the company also said that first-quarter revenue was tracking above its prior guidance of $5.3 billion. Meanwhile Intel shares fell $2.86, or 4.2% to $65.41 and AMD retreated $4,18, or 5.1%, to $78.58.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":2445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897649354,"gmtCreate":1628916023878,"gmtModify":1631889492995,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"A transaction consist of sell and buy.&nbsp;When&nbsp;you are the one&nbsp;selling out of fear, think…. Who are those accumulating?So before you let your&nbsp;fear run over you, think again… will <a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>continue tostay profitable?","listText":"A transaction consist of sell and buy.&nbsp;When&nbsp;you are the one&nbsp;selling out of fear, think…. Who are those accumulating?So before you let your&nbsp;fear run over you, think again… will <a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>continue tostay profitable?","text":"A transaction consist of sell and buy. When you are the one selling out of fear, think…. Who are those accumulating?So before you let your fear run over you, think again… will $Alibaba(BABA)$continue tostay profitable?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/897649354","repostId":"1173847412","repostType":4,"repost":{"id":"1173847412","kind":"news","pubTimestamp":1628905097,"share":"https://www.laohu8.com/m/news/1173847412?lang=zh_CN&edition=full","pubTime":"2021-08-14 09:38","market":"us","language":"en","title":"If you’re nervous about the stock market at record highs, consider these five companies that are loved by the smart money<blockquote>如果您对股市创历史新高感到紧张，请考虑这五家受到聪明资金喜爱的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173847412","media":"MarketWatch","summary":"Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others. The stock market is near all-time highs, but train-wreck season lies just around the corner.I say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.The smart money signal: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insid","content":"<p>Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others</p><p><blockquote>公司内部人士和专业投资者正在购买阿里巴巴-SW、Chegg和动视暴雪等公司的股票</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a750143fbfb2e7d732bb3dcc80114d61\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Photo by Chung Sung-Jun/Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（郑成俊摄/盖蒂图片社）</span></p></blockquote></p><p> The stock market is near all-time highs, but train-wreck season lies just around the corner.</p><p><blockquote>股市接近历史高点，但火车失事季节即将来临。</blockquote></p><p> Should you sell? After all, the S&amp;P 500,Nasdaq&nbsp;and Dow Jones Industrial Average&nbsp;often hit a rough patch in September and October.</p><p><blockquote>你应该卖吗？毕竟，标普500、纳斯达克和道琼斯工业平均指数经常在九月和十月遇到困难。</blockquote></p><p> I say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.</p><p><blockquote>我说等等，确实考虑一下下面五家公司中的任何一家，因为它们是“聪明资金”的最爱。但首先，总的来说，这里有三个坚持到底的理由。</blockquote></p><p> 1. There’s no guarantee that the seasonal weakness will repeat. Besides, the ability to time market turns is tough.</p><p><blockquote>1.不能保证季节性疲软会重演。此外，把握市场变化时机的能力也很困难。</blockquote></p><p> 2. Fears about the delta variant of Covid are overblown. More people are getting vaccinated, and most of them won’t suffer severe symptoms if infected, say market strategists at T. Rowe Price.</p><p><blockquote>2.对Covid德尔塔变异毒株的担忧被夸大了。T.Rowe Price的市场策略师表示，越来越多的人正在接种疫苗，如果被感染，他们中的大多数人不会出现严重症状。</blockquote></p><p> 3. There’s a lot of embedded demand in the economy and it will sustain growth, says Leuthold Group strategist Jim Paulsen.</p><p><blockquote>3.Leuthold Group策略师Jim Paulsen表示，经济中存在大量内在需求，并将维持增长。</blockquote></p><p> On the consumer front (most of the economy): Personal savings at a record high, durable goods purchases are near a 50-year low, and new household formation is at a record high. People buy stuff to fill new homes. Next, the economy has plenty of room to grow given the elevated jobless rate and big excess lending capacity at banks.</p><p><blockquote>在消费方面（经济的大部分）：个人储蓄创历史新高，耐用品购买量接近50年低点，新家庭组建创历史新高。人们买东西来填满新家。其次，鉴于失业率上升和银行放贷能力大幅过剩，经济还有很大的增长空间。</blockquote></p><p> <b>Five smart money stocks</b></p><p><blockquote><b>五只聪明的钱股</b></blockquote></p><p> At my stock letter Brush Up on Stocks, I favor stocks that corporate insiders like. But not just&nbsp;<i>any</i>&nbsp;insiders. I go for stocks picked up by insiders with&nbsp;<i>great</i>&nbsp;records. Here are two, trading near where insiders just bought.</p><p><blockquote>在我的股票信重温股票中，我喜欢公司内部人士喜欢的股票。但不仅仅是<i>任何</i>圈内人。我选择内部人士买入的股票<i>伟大的</i>记录。这里有两个，在内部人士刚刚买入的地方附近交易。</blockquote></p><p> <b>Activision Blizzard</b></p><p><blockquote><b>动视暴雪</b></blockquote></p><p> This is the company behind the most popular and addictive online games — like Call of Duty, World of Warcraft, Diablo, Overwatch and Candy Crush.<b>Activision Blizzard</b>&nbsp;makes money via game sales and subscriptions, by selling in-game content and ads. It has around 408 million regular users.</p><p><blockquote>这是最受欢迎和最令人上瘾的在线游戏背后的公司，如《使命看涨期权》、《魔兽世界》、《暗黑破坏神》、《守望先锋》和《糖果粉碎传奇》。<b>动视暴雪</b>通过游戏销售和订阅、销售游戏内内容和广告赚钱。它拥有大约4.08亿普通用户。</blockquote></p><p> Besides winning over new fans, the company regularly launches new games and expands existing franchises — most recently with World of Warcraft: The Burning Crusade, in June. This addition marks “the start of what is intended to be a very significant 18-month period for content releases,” says the company. Sales grew 19% to $2.30 billion in the second quarter, and operating margins are rich at 42%.</p><p><blockquote>除了赢得新粉丝之外，该公司还定期推出新游戏并扩大现有特许经营权——最近一次是在六月推出的《魔兽世界：燃烧的远征》。该公司表示，这一增加标志着“内容发布的18个月非常重要的时期的开始”。第二季度销售额增长19%，达到23亿美元，营业利润率高达42%。</blockquote></p><p> One risk is that fallout from allegations of sexual misconduct and&nbsp;a related lawsuit by the California Department of Fair Employment and Housing will “make it difficult for the firm to attract and retain top talent in a very competitive industry,” says&nbsp;Morningstar analyst Neil Macker.</p><p><blockquote>晨星公司分析师尼尔·麦克尔表示，一个风险是性行为不端指控以及加州公平就业和住房部相关诉讼的影响将“使公司难以在竞争激烈的行业中吸引和留住顶尖人才”。</blockquote></p><p> <b>The smart money signal</b>: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insider to follow because he bought $4.3 million in March 2019 at $43 and the stock is now almost a double. Also, in my system of insider analysis, repeat buying on strength (as opposed to profit taking) is bullish. He also bought at $3.70 back in 2004.</p><p><blockquote><b>聪明的钱信号</b>：董事彼得·诺兰刚刚以每股80-82.28美元的价格购买了价值200万美元的股票。他是一位值得关注的内部人士，因为他在2019年3月以43美元的价格买入了430万美元，而该股现在几乎翻了一番。此外，在我的内部分析系统中，重复强势买入（而不是获利了结）是看涨的。他还在2004年以3.70美元的价格买入。</blockquote></p><p> <b>B. Riley Financial</b></p><p><blockquote><b>B.莱利金融</b></blockquote></p><p> I introduced this name in my stock letter in March 2018 at $20 and reiterated it over a dozen times into strength after that. It now trades for over $65. Despite the hefty gains, I think&nbsp;<b>B. Riley Financia</b>&nbsp;is still a hold, and a buy for anyone who does not own.</p><p><blockquote>我在2018年3月的股票信中以20美元的价格介绍了这个名字，并在那之后重申了十几次。它现在的交易价格超过65美元。尽管取得了巨大的收益，我认为<b>B.莱利金融</b>仍然是持有，对于任何不持有的人来说都是买入。</blockquote></p><p> This is a Los Angeles-based investment bank that also manages money and does stock research. It specializes in small- and mid-cap stocks. B. Riley Financial is a good proxy for the overall market and the U.S. economy, given its banking and market-related businesses. This will be a plus, as economic growth holds up. It also continues to expand via acquisitions.&nbsp;Revenue grew 26% in the second quarter to $336.8 million, in part because of an acquisition. It pays a 2.9% dividend yield.</p><p><blockquote>这是一家总部位于洛杉矶的投资银行，也管理资金和进行股票研究。它专注于中小型股票。B.鉴于其银行和市场相关业务，Riley Financial是整体市场和美国经济的良好代表。随着经济增长的持续，这将是一个利好。它还继续通过收购扩张。第二季度收入增长26%，达到3.368亿美元，部分原因是收购。它支付2.9%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: CEO Bryant Riley purchased $3.4 million worth of stock at $63 to $68 in early June and August. He has a long record of buying over $22 million worth of stock in the $8 to $48 range since 2014, including $6.6 million in purchases near the start of this year at $46 to $48.71 (already up over 40%).</p><p><blockquote><b>聪明的钱信号</b>：首席执行官布莱恩特·莱利(Bryant Riley)在6月初和8月以63美元至68美元的价格购买了价值340万美元的股票。自2014年以来，他一直在8美元至48美元范围内购买价值超过2200万美元的股票，其中包括今年年初以46美元至48.71美元的价格购买660万美元（已经上涨了40%以上）。</blockquote></p><p> <b>Alibaba Group</b></p><p><blockquote><b>阿里巴巴-SW集团</b></blockquote></p><p> If you like to buy quality companies whose stocks are beaten down by a host of problems, then Chinese consumer platform&nbsp;<b>Alibaba Group</b>&nbsp;may be for you.</p><p><blockquote>如果您喜欢购买股票因一系列问题而遭受重创的优质公司，那么中国消费者平台<b>阿里巴巴-SW集团</b>可能是给你的。</blockquote></p><p> Its shares are down 40% since October because of rising U.S.-China tensions, some weakness in its core consumer business, the possible loss of tax breaks in China, and allegations of sexual assault inside the company.</p><p><blockquote>由于中美紧张局势加剧、其核心消费者业务出现一些疲软、中国可能失去税收减免以及公司内部存在性侵犯指控，该公司股价自10月份以来已下跌40%。</blockquote></p><p></p><p> These are serious issues, but this is also a company with serious potential. Over one billion consumers use its marketplaces, including 891 million in China and 240 million abroad. Organic sales growth is 32%. It’s in the early stages of rolling out its AliCloud cloud computing business, which could be the next big growth driver.</p><p><blockquote>这些都是严重的问题，但这也是一家具有巨大潜力的公司。超过10亿消费者使用其市场，其中8.91亿在中国，2.4亿在国外。有机销售额增长32%。该公司正处于推出阿里云云计算业务的早期阶段，这可能是下一个巨大的增长动力。</blockquote></p><p> <b>The smart money signal</b>: This company is singled out by Albert Meyer of Bastiat Capital, which has posted 22% annualized growth over the past five years compared to 17.7% for the S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Bastiat Capital的Albert Meyer特别提到了这家公司，该公司过去五年的年化增长率为22%，而标普500的年化增长率为17.7%。</blockquote></p><p> <b>An attractive spinoff</b></p><p><blockquote><b>有吸引力的衍生产品</b></blockquote></p><p> One tactic that works fairly consistently in investing is buying spinoffs. Companies don’t like to burn shareholders, so they tend to do spinoffs at a discount, as a kind of “gift.” Money managers who get spun-off shares often dump them anyway, because the new company does not fit their mandate.</p><p><blockquote>投资中相当有效的一种策略是购买分拆产品。公司不喜欢烧死股东，所以他们倾向于打折分拆，作为一种“礼物”。获得分拆股票的基金经理通常会抛售这些股票，因为新公司不符合他们的使命。</blockquote></p><p> A good spinoff to consider right now is&nbsp;<b>Organon</b>,a mid-size pharma company. It was jettisoned from Merck&nbsp;in May. Organon just bounced 12% on Aug. 12 after it posted a solid quarter, but it still trades below the spinoff price of around $38. At this level, the stock looks attractively cheap, trading near five times 2021 earnings.</p><p><blockquote>现在值得考虑的一个好的衍生产品是<b>欧加农</b>，一家中型制药公司。它于5月份被默克公司抛弃。Organon在公布了稳健的季度业绩后，于8月12日刚刚反弹12%，但其交易价格仍低于38美元左右的分拆价格。在这个水平上，该股看起来非常便宜，其交易价格接近2021年市盈率的五倍。</blockquote></p><p> Of course, Organon is cheap because it has issues. The chief one is the looming patent cliff on many of its products. Its Nexplanon birth control rolls off patent during 2025-2027, and that’s 11% of sales.</p><p><blockquote>当然，Organon便宜是因为它有问题。最主要的一个是其许多产品迫在眉睫的专利悬崖。其Nexplanon避孕药将在2025年至2027年期间获得专利，占销售额的11%。</blockquote></p><p> But this might not be such a threat. “There is a strong possibility that it can extend its patent to as late as 2030,” says Bruce Kaser, a value investor who is the editor of the Cabot Turnaround Letter. Nexplanon is a rod implanted under the skin, so women may be reluctant to go with a discount version. Another problem: Organon sells into China, where the government is cutting the prices of its products. But the worst of the damage may be over.</p><p><blockquote>但这可能不是这样的威胁。“它很有可能将专利延长至2030年，”价值投资者、卡博特扭亏为盈信的编辑布鲁斯·卡瑟(Bruce Kaser)表示。Nexplanon是一种植入皮下的棒，因此女性可能不愿意选择折扣版本。另一个问题是：Organon向中国销售产品，中国政府正在降低其产品的价格。但最严重的损害可能已经过去。</blockquote></p><p> On the upside, Organon plans to regularly launch new products. And the company has $1.3 billion in annual free cash flow supporting a dividend yield of 3.3%.</p><p><blockquote>从好的方面来看，Organon计划定期推出新产品。该公司拥有13亿美元的年度自由现金流，支持3.3%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: Organon was recently suggested in the Cabot Turnaround Letter, which has a good record. Its portfolio is up 135.8% in the past 12 months, compared with 36.5% for S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Organon最近在Cabot周转信中被推荐，该公司有良好的记录。其投资组合在过去12个月内上涨了135.8%，而标普500的投资组合上涨了36.5%。</blockquote></p><p> <b>An education play</b></p><p><blockquote><b>教育剧</b></blockquote></p><p> If universities have allowed their participation in the culture wars to distract them from the core mission of basic education,<b>Chegg</b>&nbsp;is there to pick up the slack.</p><p><blockquote>如果大学让他们参与文化战争分散了他们对基础教育核心使命的注意力，<b>Chegg</b>是来收拾残局的。</blockquote></p><p> This online education company helps college and high school students master their math and writing skills. The company also helps students save on expensive text books by offering rentals and e-textbook versions.</p><p><blockquote>这家在线教育公司帮助大学和高中生掌握他们的数学和写作技能。该公司还通过提供租赁和电子教科书版本来帮助学生节省昂贵的教科书费用。</blockquote></p><p> While online education has a black eye, Chegg is the exception. Last year student subscriptions jumped 67% to 6.6 million from a year earlier. Sales grew 30% in the quarter, and the company guided to 28% sales growth for this year, to $805 million to $815 million.</p><p><blockquote>虽然在线教育有问题，但Chegg是个例外。去年，学生订阅量同比增长67%，达到660万。该季度销售额增长30%，该公司预计今年销售额增长28%，达到8.05亿至8.15亿美元。</blockquote></p><p> “Online learning had a bad reputation for overcharging, while success rates were minimal,” says money manager Kevin Landis. “But Chegg is different.”</p><p><blockquote>“在线学习因收费过高而名声不佳，而成功率却很低，”基金经理凯文·兰迪斯(Kevin Landis)表示。“但齐格不一样。”</blockquote></p><p> He likes the robust growth in the U.S. and the big potential for international growth, particularly in Asia.</p><p><blockquote>他喜欢美国的强劲增长和国际增长的巨大潜力，尤其是在亚洲。</blockquote></p><p> <b>The smart money signal</b>: Landis’ Firsthand Technology Opportunities&nbsp;beats its Morningstar technology fund category by eight percentage points annualized over the past five years. Chegg is the second-largest position, at 8% of the portfolio. Chegg is the sixth-biggest holding of the Alger Weatherbie Specialized Growth Fund,which beats its mid-cap growth category by 5.7 percentage points annualized over the past five years.</p><p><blockquote><b>聪明的钱信号</b>：过去五年，兰迪斯的Firsthand Technology Opportunities的年化回报率比晨星科技基金类别高出8个百分点。Chegg是第二大头寸，占投资组合的8%。Chegg是Alger Weatherbie Specialized Growth基金的第六大持股，该基金在过去五年中的年化增长率比中型成长基金高出5.7个百分点。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If you’re nervous about the stock market at record highs, consider these five companies that are loved by the smart money<blockquote>如果您对股市创历史新高感到紧张，请考虑这五家受到聪明资金喜爱的公司</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf you’re nervous about the stock market at record highs, consider these five companies that are loved by the smart money<blockquote>如果您对股市创历史新高感到紧张，请考虑这五家受到聪明资金喜爱的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-14 09:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others</p><p><blockquote>公司内部人士和专业投资者正在购买阿里巴巴-SW、Chegg和动视暴雪等公司的股票</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a750143fbfb2e7d732bb3dcc80114d61\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Photo by Chung Sung-Jun/Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（郑成俊摄/盖蒂图片社）</span></p></blockquote></p><p> The stock market is near all-time highs, but train-wreck season lies just around the corner.</p><p><blockquote>股市接近历史高点，但火车失事季节即将来临。</blockquote></p><p> Should you sell? After all, the S&amp;P 500,Nasdaq&nbsp;and Dow Jones Industrial Average&nbsp;often hit a rough patch in September and October.</p><p><blockquote>你应该卖吗？毕竟，标普500、纳斯达克和道琼斯工业平均指数经常在九月和十月遇到困难。</blockquote></p><p> I say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.</p><p><blockquote>我说等等，确实考虑一下下面五家公司中的任何一家，因为它们是“聪明资金”的最爱。但首先，总的来说，这里有三个坚持到底的理由。</blockquote></p><p> 1. There’s no guarantee that the seasonal weakness will repeat. Besides, the ability to time market turns is tough.</p><p><blockquote>1.不能保证季节性疲软会重演。此外，把握市场变化时机的能力也很困难。</blockquote></p><p> 2. Fears about the delta variant of Covid are overblown. More people are getting vaccinated, and most of them won’t suffer severe symptoms if infected, say market strategists at T. Rowe Price.</p><p><blockquote>2.对Covid德尔塔变异毒株的担忧被夸大了。T.Rowe Price的市场策略师表示，越来越多的人正在接种疫苗，如果被感染，他们中的大多数人不会出现严重症状。</blockquote></p><p> 3. There’s a lot of embedded demand in the economy and it will sustain growth, says Leuthold Group strategist Jim Paulsen.</p><p><blockquote>3.Leuthold Group策略师Jim Paulsen表示，经济中存在大量内在需求，并将维持增长。</blockquote></p><p> On the consumer front (most of the economy): Personal savings at a record high, durable goods purchases are near a 50-year low, and new household formation is at a record high. People buy stuff to fill new homes. Next, the economy has plenty of room to grow given the elevated jobless rate and big excess lending capacity at banks.</p><p><blockquote>在消费方面（经济的大部分）：个人储蓄创历史新高，耐用品购买量接近50年低点，新家庭组建创历史新高。人们买东西来填满新家。其次，鉴于失业率上升和银行放贷能力大幅过剩，经济还有很大的增长空间。</blockquote></p><p> <b>Five smart money stocks</b></p><p><blockquote><b>五只聪明的钱股</b></blockquote></p><p> At my stock letter Brush Up on Stocks, I favor stocks that corporate insiders like. But not just&nbsp;<i>any</i>&nbsp;insiders. I go for stocks picked up by insiders with&nbsp;<i>great</i>&nbsp;records. Here are two, trading near where insiders just bought.</p><p><blockquote>在我的股票信重温股票中，我喜欢公司内部人士喜欢的股票。但不仅仅是<i>任何</i>圈内人。我选择内部人士买入的股票<i>伟大的</i>记录。这里有两个，在内部人士刚刚买入的地方附近交易。</blockquote></p><p> <b>Activision Blizzard</b></p><p><blockquote><b>动视暴雪</b></blockquote></p><p> This is the company behind the most popular and addictive online games — like Call of Duty, World of Warcraft, Diablo, Overwatch and Candy Crush.<b>Activision Blizzard</b>&nbsp;makes money via game sales and subscriptions, by selling in-game content and ads. It has around 408 million regular users.</p><p><blockquote>这是最受欢迎和最令人上瘾的在线游戏背后的公司，如《使命看涨期权》、《魔兽世界》、《暗黑破坏神》、《守望先锋》和《糖果粉碎传奇》。<b>动视暴雪</b>通过游戏销售和订阅、销售游戏内内容和广告赚钱。它拥有大约4.08亿普通用户。</blockquote></p><p> Besides winning over new fans, the company regularly launches new games and expands existing franchises — most recently with World of Warcraft: The Burning Crusade, in June. This addition marks “the start of what is intended to be a very significant 18-month period for content releases,” says the company. Sales grew 19% to $2.30 billion in the second quarter, and operating margins are rich at 42%.</p><p><blockquote>除了赢得新粉丝之外，该公司还定期推出新游戏并扩大现有特许经营权——最近一次是在六月推出的《魔兽世界：燃烧的远征》。该公司表示，这一增加标志着“内容发布的18个月非常重要的时期的开始”。第二季度销售额增长19%，达到23亿美元，营业利润率高达42%。</blockquote></p><p> One risk is that fallout from allegations of sexual misconduct and&nbsp;a related lawsuit by the California Department of Fair Employment and Housing will “make it difficult for the firm to attract and retain top talent in a very competitive industry,” says&nbsp;Morningstar analyst Neil Macker.</p><p><blockquote>晨星公司分析师尼尔·麦克尔表示，一个风险是性行为不端指控以及加州公平就业和住房部相关诉讼的影响将“使公司难以在竞争激烈的行业中吸引和留住顶尖人才”。</blockquote></p><p> <b>The smart money signal</b>: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insider to follow because he bought $4.3 million in March 2019 at $43 and the stock is now almost a double. Also, in my system of insider analysis, repeat buying on strength (as opposed to profit taking) is bullish. He also bought at $3.70 back in 2004.</p><p><blockquote><b>聪明的钱信号</b>：董事彼得·诺兰刚刚以每股80-82.28美元的价格购买了价值200万美元的股票。他是一位值得关注的内部人士，因为他在2019年3月以43美元的价格买入了430万美元，而该股现在几乎翻了一番。此外，在我的内部分析系统中，重复强势买入（而不是获利了结）是看涨的。他还在2004年以3.70美元的价格买入。</blockquote></p><p> <b>B. Riley Financial</b></p><p><blockquote><b>B.莱利金融</b></blockquote></p><p> I introduced this name in my stock letter in March 2018 at $20 and reiterated it over a dozen times into strength after that. It now trades for over $65. Despite the hefty gains, I think&nbsp;<b>B. Riley Financia</b>&nbsp;is still a hold, and a buy for anyone who does not own.</p><p><blockquote>我在2018年3月的股票信中以20美元的价格介绍了这个名字，并在那之后重申了十几次。它现在的交易价格超过65美元。尽管取得了巨大的收益，我认为<b>B.莱利金融</b>仍然是持有，对于任何不持有的人来说都是买入。</blockquote></p><p> This is a Los Angeles-based investment bank that also manages money and does stock research. It specializes in small- and mid-cap stocks. B. Riley Financial is a good proxy for the overall market and the U.S. economy, given its banking and market-related businesses. This will be a plus, as economic growth holds up. It also continues to expand via acquisitions.&nbsp;Revenue grew 26% in the second quarter to $336.8 million, in part because of an acquisition. It pays a 2.9% dividend yield.</p><p><blockquote>这是一家总部位于洛杉矶的投资银行，也管理资金和进行股票研究。它专注于中小型股票。B.鉴于其银行和市场相关业务，Riley Financial是整体市场和美国经济的良好代表。随着经济增长的持续，这将是一个利好。它还继续通过收购扩张。第二季度收入增长26%，达到3.368亿美元，部分原因是收购。它支付2.9%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: CEO Bryant Riley purchased $3.4 million worth of stock at $63 to $68 in early June and August. He has a long record of buying over $22 million worth of stock in the $8 to $48 range since 2014, including $6.6 million in purchases near the start of this year at $46 to $48.71 (already up over 40%).</p><p><blockquote><b>聪明的钱信号</b>：首席执行官布莱恩特·莱利(Bryant Riley)在6月初和8月以63美元至68美元的价格购买了价值340万美元的股票。自2014年以来，他一直在8美元至48美元范围内购买价值超过2200万美元的股票，其中包括今年年初以46美元至48.71美元的价格购买660万美元（已经上涨了40%以上）。</blockquote></p><p> <b>Alibaba Group</b></p><p><blockquote><b>阿里巴巴-SW集团</b></blockquote></p><p> If you like to buy quality companies whose stocks are beaten down by a host of problems, then Chinese consumer platform&nbsp;<b>Alibaba Group</b>&nbsp;may be for you.</p><p><blockquote>如果您喜欢购买股票因一系列问题而遭受重创的优质公司，那么中国消费者平台<b>阿里巴巴-SW集团</b>可能是给你的。</blockquote></p><p> Its shares are down 40% since October because of rising U.S.-China tensions, some weakness in its core consumer business, the possible loss of tax breaks in China, and allegations of sexual assault inside the company.</p><p><blockquote>由于中美紧张局势加剧、其核心消费者业务出现一些疲软、中国可能失去税收减免以及公司内部存在性侵犯指控，该公司股价自10月份以来已下跌40%。</blockquote></p><p></p><p> These are serious issues, but this is also a company with serious potential. Over one billion consumers use its marketplaces, including 891 million in China and 240 million abroad. Organic sales growth is 32%. It’s in the early stages of rolling out its AliCloud cloud computing business, which could be the next big growth driver.</p><p><blockquote>这些都是严重的问题，但这也是一家具有巨大潜力的公司。超过10亿消费者使用其市场，其中8.91亿在中国，2.4亿在国外。有机销售额增长32%。该公司正处于推出阿里云云计算业务的早期阶段，这可能是下一个巨大的增长动力。</blockquote></p><p> <b>The smart money signal</b>: This company is singled out by Albert Meyer of Bastiat Capital, which has posted 22% annualized growth over the past five years compared to 17.7% for the S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Bastiat Capital的Albert Meyer特别提到了这家公司，该公司过去五年的年化增长率为22%，而标普500的年化增长率为17.7%。</blockquote></p><p> <b>An attractive spinoff</b></p><p><blockquote><b>有吸引力的衍生产品</b></blockquote></p><p> One tactic that works fairly consistently in investing is buying spinoffs. Companies don’t like to burn shareholders, so they tend to do spinoffs at a discount, as a kind of “gift.” Money managers who get spun-off shares often dump them anyway, because the new company does not fit their mandate.</p><p><blockquote>投资中相当有效的一种策略是购买分拆产品。公司不喜欢烧死股东，所以他们倾向于打折分拆，作为一种“礼物”。获得分拆股票的基金经理通常会抛售这些股票，因为新公司不符合他们的使命。</blockquote></p><p> A good spinoff to consider right now is&nbsp;<b>Organon</b>,a mid-size pharma company. It was jettisoned from Merck&nbsp;in May. Organon just bounced 12% on Aug. 12 after it posted a solid quarter, but it still trades below the spinoff price of around $38. At this level, the stock looks attractively cheap, trading near five times 2021 earnings.</p><p><blockquote>现在值得考虑的一个好的衍生产品是<b>欧加农</b>，一家中型制药公司。它于5月份被默克公司抛弃。Organon在公布了稳健的季度业绩后，于8月12日刚刚反弹12%，但其交易价格仍低于38美元左右的分拆价格。在这个水平上，该股看起来非常便宜，其交易价格接近2021年市盈率的五倍。</blockquote></p><p> Of course, Organon is cheap because it has issues. The chief one is the looming patent cliff on many of its products. Its Nexplanon birth control rolls off patent during 2025-2027, and that’s 11% of sales.</p><p><blockquote>当然，Organon便宜是因为它有问题。最主要的一个是其许多产品迫在眉睫的专利悬崖。其Nexplanon避孕药将在2025年至2027年期间获得专利，占销售额的11%。</blockquote></p><p> But this might not be such a threat. “There is a strong possibility that it can extend its patent to as late as 2030,” says Bruce Kaser, a value investor who is the editor of the Cabot Turnaround Letter. Nexplanon is a rod implanted under the skin, so women may be reluctant to go with a discount version. Another problem: Organon sells into China, where the government is cutting the prices of its products. But the worst of the damage may be over.</p><p><blockquote>但这可能不是这样的威胁。“它很有可能将专利延长至2030年，”价值投资者、卡博特扭亏为盈信的编辑布鲁斯·卡瑟(Bruce Kaser)表示。Nexplanon是一种植入皮下的棒，因此女性可能不愿意选择折扣版本。另一个问题是：Organon向中国销售产品，中国政府正在降低其产品的价格。但最严重的损害可能已经过去。</blockquote></p><p> On the upside, Organon plans to regularly launch new products. And the company has $1.3 billion in annual free cash flow supporting a dividend yield of 3.3%.</p><p><blockquote>从好的方面来看，Organon计划定期推出新产品。该公司拥有13亿美元的年度自由现金流，支持3.3%的股息收益率。</blockquote></p><p> <b>The smart money signal</b>: Organon was recently suggested in the Cabot Turnaround Letter, which has a good record. Its portfolio is up 135.8% in the past 12 months, compared with 36.5% for S&amp;P 500.</p><p><blockquote><b>聪明的钱信号</b>：Organon最近在Cabot周转信中被推荐，该公司有良好的记录。其投资组合在过去12个月内上涨了135.8%，而标普500的投资组合上涨了36.5%。</blockquote></p><p> <b>An education play</b></p><p><blockquote><b>教育剧</b></blockquote></p><p> If universities have allowed their participation in the culture wars to distract them from the core mission of basic education,<b>Chegg</b>&nbsp;is there to pick up the slack.</p><p><blockquote>如果大学让他们参与文化战争分散了他们对基础教育核心使命的注意力，<b>Chegg</b>是来收拾残局的。</blockquote></p><p> This online education company helps college and high school students master their math and writing skills. The company also helps students save on expensive text books by offering rentals and e-textbook versions.</p><p><blockquote>这家在线教育公司帮助大学和高中生掌握他们的数学和写作技能。该公司还通过提供租赁和电子教科书版本来帮助学生节省昂贵的教科书费用。</blockquote></p><p> While online education has a black eye, Chegg is the exception. Last year student subscriptions jumped 67% to 6.6 million from a year earlier. Sales grew 30% in the quarter, and the company guided to 28% sales growth for this year, to $805 million to $815 million.</p><p><blockquote>虽然在线教育有问题，但Chegg是个例外。去年，学生订阅量同比增长67%，达到660万。该季度销售额增长30%，该公司预计今年销售额增长28%，达到8.05亿至8.15亿美元。</blockquote></p><p> “Online learning had a bad reputation for overcharging, while success rates were minimal,” says money manager Kevin Landis. “But Chegg is different.”</p><p><blockquote>“在线学习因收费过高而名声不佳，而成功率却很低，”基金经理凯文·兰迪斯(Kevin Landis)表示。“但齐格不一样。”</blockquote></p><p> He likes the robust growth in the U.S. and the big potential for international growth, particularly in Asia.</p><p><blockquote>他喜欢美国的强劲增长和国际增长的巨大潜力，尤其是在亚洲。</blockquote></p><p> <b>The smart money signal</b>: Landis’ Firsthand Technology Opportunities&nbsp;beats its Morningstar technology fund category by eight percentage points annualized over the past five years. Chegg is the second-largest position, at 8% of the portfolio. Chegg is the sixth-biggest holding of the Alger Weatherbie Specialized Growth Fund,which beats its mid-cap growth category by 5.7 percentage points annualized over the past five years.</p><p><blockquote><b>聪明的钱信号</b>：过去五年，兰迪斯的Firsthand Technology Opportunities的年化回报率比晨星科技基金类别高出8个百分点。Chegg是第二大头寸，占投资组合的8%。Chegg是Alger Weatherbie Specialized Growth基金的第六大持股，该基金在过去五年中的年化增长率比中型成长基金高出5.7个百分点。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/if-youre-nervous-about-the-stock-market-at-record-highs-consider-these-five-companies-that-are-loved-by-the-smart-money-11628865442?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","ATVI":"动视暴雪","RILY":"B. Riley Financial, Inc.","OGN":"Organon & Co","CHGG":"Chegg Inc"},"source_url":"https://www.marketwatch.com/story/if-youre-nervous-about-the-stock-market-at-record-highs-consider-these-five-companies-that-are-loved-by-the-smart-money-11628865442?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173847412","content_text":"Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others\n(Photo by Chung Sung-Jun/Getty Images)\nThe stock market is near all-time highs, but train-wreck season lies just around the corner.\nShould you sell? After all, the S&P 500,Nasdaq and Dow Jones Industrial Average often hit a rough patch in September and October.\nI say hold on, and indeed consider any of the five companies below because they are “smart money” favorites. But first, big picture, here are three reasons to stay the course.\n1. There’s no guarantee that the seasonal weakness will repeat. Besides, the ability to time market turns is tough.\n2. Fears about the delta variant of Covid are overblown. More people are getting vaccinated, and most of them won’t suffer severe symptoms if infected, say market strategists at T. Rowe Price.\n3. There’s a lot of embedded demand in the economy and it will sustain growth, says Leuthold Group strategist Jim Paulsen.\nOn the consumer front (most of the economy): Personal savings at a record high, durable goods purchases are near a 50-year low, and new household formation is at a record high. People buy stuff to fill new homes. Next, the economy has plenty of room to grow given the elevated jobless rate and big excess lending capacity at banks.\nFive smart money stocks\nAt my stock letter Brush Up on Stocks, I favor stocks that corporate insiders like. But not just any insiders. I go for stocks picked up by insiders with great records. Here are two, trading near where insiders just bought.\nActivision Blizzard\nThis is the company behind the most popular and addictive online games — like Call of Duty, World of Warcraft, Diablo, Overwatch and Candy Crush.Activision Blizzard makes money via game sales and subscriptions, by selling in-game content and ads. It has around 408 million regular users.\nBesides winning over new fans, the company regularly launches new games and expands existing franchises — most recently with World of Warcraft: The Burning Crusade, in June. This addition marks “the start of what is intended to be a very significant 18-month period for content releases,” says the company. Sales grew 19% to $2.30 billion in the second quarter, and operating margins are rich at 42%.\nOne risk is that fallout from allegations of sexual misconduct and a related lawsuit by the California Department of Fair Employment and Housing will “make it difficult for the firm to attract and retain top talent in a very competitive industry,” says Morningstar analyst Neil Macker.\nThe smart money signal: Director Peter Nolan just bought $2 million worth at $80-$82.28 a share. He’s a good insider to follow because he bought $4.3 million in March 2019 at $43 and the stock is now almost a double. Also, in my system of insider analysis, repeat buying on strength (as opposed to profit taking) is bullish. He also bought at $3.70 back in 2004.\nB. Riley Financial\nI introduced this name in my stock letter in March 2018 at $20 and reiterated it over a dozen times into strength after that. It now trades for over $65. Despite the hefty gains, I think B. Riley Financia is still a hold, and a buy for anyone who does not own.\nThis is a Los Angeles-based investment bank that also manages money and does stock research. It specializes in small- and mid-cap stocks. B. Riley Financial is a good proxy for the overall market and the U.S. economy, given its banking and market-related businesses. This will be a plus, as economic growth holds up. It also continues to expand via acquisitions. Revenue grew 26% in the second quarter to $336.8 million, in part because of an acquisition. It pays a 2.9% dividend yield.\nThe smart money signal: CEO Bryant Riley purchased $3.4 million worth of stock at $63 to $68 in early June and August. He has a long record of buying over $22 million worth of stock in the $8 to $48 range since 2014, including $6.6 million in purchases near the start of this year at $46 to $48.71 (already up over 40%).\nAlibaba Group\nIf you like to buy quality companies whose stocks are beaten down by a host of problems, then Chinese consumer platform Alibaba Group may be for you.\nIts shares are down 40% since October because of rising U.S.-China tensions, some weakness in its core consumer business, the possible loss of tax breaks in China, and allegations of sexual assault inside the company.\nThese are serious issues, but this is also a company with serious potential. Over one billion consumers use its marketplaces, including 891 million in China and 240 million abroad. Organic sales growth is 32%. It’s in the early stages of rolling out its AliCloud cloud computing business, which could be the next big growth driver.\nThe smart money signal: This company is singled out by Albert Meyer of Bastiat Capital, which has posted 22% annualized growth over the past five years compared to 17.7% for the S&P 500.\nAn attractive spinoff\nOne tactic that works fairly consistently in investing is buying spinoffs. Companies don’t like to burn shareholders, so they tend to do spinoffs at a discount, as a kind of “gift.” Money managers who get spun-off shares often dump them anyway, because the new company does not fit their mandate.\nA good spinoff to consider right now is Organon,a mid-size pharma company. It was jettisoned from Merck in May. Organon just bounced 12% on Aug. 12 after it posted a solid quarter, but it still trades below the spinoff price of around $38. At this level, the stock looks attractively cheap, trading near five times 2021 earnings.\nOf course, Organon is cheap because it has issues. The chief one is the looming patent cliff on many of its products. Its Nexplanon birth control rolls off patent during 2025-2027, and that’s 11% of sales.\nBut this might not be such a threat. “There is a strong possibility that it can extend its patent to as late as 2030,” says Bruce Kaser, a value investor who is the editor of the Cabot Turnaround Letter. Nexplanon is a rod implanted under the skin, so women may be reluctant to go with a discount version. Another problem: Organon sells into China, where the government is cutting the prices of its products. But the worst of the damage may be over.\nOn the upside, Organon plans to regularly launch new products. And the company has $1.3 billion in annual free cash flow supporting a dividend yield of 3.3%.\nThe smart money signal: Organon was recently suggested in the Cabot Turnaround Letter, which has a good record. Its portfolio is up 135.8% in the past 12 months, compared with 36.5% for S&P 500.\nAn education play\nIf universities have allowed their participation in the culture wars to distract them from the core mission of basic education,Chegg is there to pick up the slack.\nThis online education company helps college and high school students master their math and writing skills. The company also helps students save on expensive text books by offering rentals and e-textbook versions.\nWhile online education has a black eye, Chegg is the exception. Last year student subscriptions jumped 67% to 6.6 million from a year earlier. Sales grew 30% in the quarter, and the company guided to 28% sales growth for this year, to $805 million to $815 million.\n“Online learning had a bad reputation for overcharging, while success rates were minimal,” says money manager Kevin Landis. “But Chegg is different.”\nHe likes the robust growth in the U.S. and the big potential for international growth, particularly in Asia.\nThe smart money signal: Landis’ Firsthand Technology Opportunities beats its Morningstar technology fund category by eight percentage points annualized over the past five years. Chegg is the second-largest position, at 8% of the portfolio. Chegg is the sixth-biggest holding of the Alger Weatherbie Specialized Growth Fund,which beats its mid-cap growth category by 5.7 percentage points annualized over the past five years.","news_type":1,"symbols_score_info":{"ATVI":0.9,"CHGG":0.9,"OGN":0.9,"BABA":0.9,"RILY":0.9}},"isVote":1,"tweetType":1,"viewCount":3392,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000211","authorId":"9000000000000211","name":"咪咕蜡","avatar":"https://static.tigerbbs.com/075bc3e15bde527a282c42a96ff35a51","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000211","idStr":"9000000000000211"},"content":"理性人是不会减持阿里的，除非他们是短期玩家","text":"理性人是不会减持阿里的，除非他们是短期玩家","html":"理性人是不会减持阿里的，除非他们是短期玩家"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320704001,"gmtCreate":1615173938903,"gmtModify":1703485190474,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/320704001","repostId":"1171938400","repostType":4,"repost":{"id":"1171938400","kind":"news","pubTimestamp":1615173896,"share":"https://www.laohu8.com/m/news/1171938400?lang=zh_CN&edition=full","pubTime":"2021-03-08 11:24","market":"us","language":"en","title":"Tesla To Unveil Updated Cybertruck In Coming Quarter<blockquote>特斯拉将在下个季度推出更新版Cybertruck</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171938400","media":"Benzinga","summary":"Tesla Inc CEO Elon Musk said over the weekend that an updated version of the upcoming Cybertruck wil","content":"<p><div> Tesla Inc CEO Elon Musk said over the weekend that an updated version of the upcoming Cybertruck will be unveiled in the next quarter. What Happened: The entrepreneur teased the reveal of the electric...</p><p><blockquote><div>特斯拉公司首席执行官Elon Musk周末表示，即将推出的Cybertruck的更新版本将于下一季度亮相。发生了什么：这位企业家取笑了电动的...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/03/20048242/tesla-to-unveil-updated-cybertruck-in-the-next-quarter\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/03/20048242/tesla-to-unveil-updated-cybertruck-in-the-next-quarter\">网页连接</a></blockquote></p><p></p>","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>Tesla To Unveil Updated Cybertruck In Coming Quarter<blockquote>特斯拉将在下个季度推出更新版Cybertruck</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla To Unveil Updated Cybertruck In Coming Quarter<blockquote>特斯拉将在下个季度推出更新版Cybertruck</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-03-08 11:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Tesla Inc CEO Elon Musk said over the weekend that an updated version of the upcoming Cybertruck will be unveiled in the next quarter. What Happened: The entrepreneur teased the reveal of the electric...</p><p><blockquote><div>特斯拉公司首席执行官Elon Musk周末表示，即将推出的Cybertruck的更新版本将于下一季度亮相。发生了什么：这位企业家取笑了电动的...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/03/20048242/tesla-to-unveil-updated-cybertruck-in-the-next-quarter\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/03/20048242/tesla-to-unveil-updated-cybertruck-in-the-next-quarter\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/03/20048242/tesla-to-unveil-updated-cybertruck-in-the-next-quarter\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/03/20048242/tesla-to-unveil-updated-cybertruck-in-the-next-quarter","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171938400","content_text":"Tesla Inc CEO Elon Musk said over the weekend that an updated version of the upcoming Cybertruck will be unveiled in the next quarter.\nWhat Happened: The entrepreneur teased the reveal of the electric pickup in a tweet.\n\nMusk said the present focus has to be on building the Gigafactory in Texas where the vehicle will be built.\nWhy It Matters: In October last year, Musk had said that theCybertruckwas going to be “better than what we showed.”\nThe highly anticipated vehicle wasfirst unveiledin November 2019 and was put up for sale on the Tesla website for $39,900 without added incentives.\nIn May last year, Musk went on adrive with comedian Jay Lenoand at the time Musk had said about the vehicle they drove that it was “pretty close” to the final version, but the proportions needed to be 5% smaller to fit in a standard garage.\nPrice Action: Tesla shares closed nearly 3.8% lower at $597.95 on Friday and fell 0.28% in the after-hours trading.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104627908,"gmtCreate":1620387353704,"gmtModify":1631889493075,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"just another weirdly written summary 😆😆","listText":"just another weirdly written summary 😆😆","text":"just another weirdly written summary 😆😆","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/104627908","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://www.laohu8.com/m/news/1157328258?lang=zh_CN&edition=full","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking alpha</strong><span class=\"h-time small\">2021-05-07 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Seeking alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324943035,"gmtCreate":1615956338627,"gmtModify":1703495507540,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/324943035","repostId":"1107740379","repostType":4,"repost":{"id":"1107740379","kind":"news","pubTimestamp":1615949781,"share":"https://www.laohu8.com/m/news/1107740379?lang=zh_CN&edition=full","pubTime":"2021-03-17 10:56","market":"us","language":"en","title":"5 sturdy value stocks to protect your portfolio from rising interest rates<blockquote>5只稳健的价值股票可保护您的投资组合免受利率上升的影响</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107740379","media":"MarketWatch","summary":"Johnson & Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.It’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.U.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.But considering where Treasurys have been lately, it’s importan","content":"<p>Johnson &amp; Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.</p><p><blockquote>强生、通用汽车和其他三家公司具有很高的内在价值和催化剂，这对大流行后的世界来说是个好兆头。</blockquote></p><p> It’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.</p><p><blockquote>很难想象基准国债收益率介于1%至2%之间会引起股市恐慌，但事实正是如此。</blockquote></p><p> U.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.</p><p><blockquote>美国国债被用作各种贷款的参考利率，大约40年前的利率超过13%，2001年接近5%。</blockquote></p><p> But considering where Treasurys have been lately, it’s important to remember that low and high are relative terms. As recently as last summer, 10-year Treasurys&nbsp;commanded a 0.5% rate. That means interest rates have tripled in less than a year.</p><p><blockquote>但考虑到美国国债最近的走势，重要的是要记住低点和高点是相对的。就在去年夏天，10年期美国国债的利率为0.5%。这意味着利率在不到一年的时间里增加了两倍。</blockquote></p><p> Rapid changes like that can have a real impact on your portfolio. Consider that the massive iShares Core U.S. Aggregate Bond ETF,which has $85 billion under management, has dipped 4% already this year even as the S&amp;P 500 Index&nbsp;of the largest U.S. stocks has powered 5% higher.</p><p><blockquote>像这样的快速变化会对你的投资组合产生真正的影响。考虑到管理着850亿美元的大型iShares核心美国综合债券ETF今年已下跌4%，尽管美国最大股票的标普500指数上涨了5%。</blockquote></p><p> Some analysts predict&nbsp;rates are only getting started, thanks to stimulus checks, government spending and the long-shot chance of tighter policies from the Federal Reserve later this year.</p><p><blockquote>一些分析师预测，由于刺激检查、政府支出以及美联储今年晚些时候收紧政策的可能性很大，利率才刚刚开始。</blockquote></p><p> If you want to insulate your portfolio from rising rates, here are five low-risk value stocks that could see you through any choppiness in the months ahead.</p><p><blockquote>如果您想使您的投资组合免受利率上升的影响，这里有五只低风险价值股票，可以帮助您度过未来几个月的波动。</blockquote></p><p> <b>Bank of America</b></p><p><blockquote><b>美国银行</b></blockquote></p><p> Historically, increases in interest rates mean expanding profit margins for the financial sector. And Bank of America,&nbsp;the second-largest U.S. bank by assets, has a massive scale that is sure to pay off as rates rise.</p><p><blockquote>从历史上看，加息意味着金融业利润率的扩大。美国银行是美国资产第二大银行，规模庞大，随着利率上升，肯定会得到回报。</blockquote></p><p> The stock isn’t just seeing momentum recently because of the prospect of higher rates. The shares are up almost 60% in the past 12 months since the COVID-19 lows of 2020, outperforming the S&amp;P 500 in the same period.&nbsp; It’s also riding an impressive streak of earnings reports, topping Wall Street expectations in 15 of the last 16 quarters.</p><p><blockquote>该股最近的势头不仅仅是因为利率上升的前景。自2020年COVID-19低点以来，该股在过去12个月内上涨了近60%，跑赢了同期的标普500。该公司还发布了令人印象深刻的财报，过去16个季度中有15个季度超出了华尔街的预期。</blockquote></p><p> Adding to the appeal is that at the end of 2020 iconic investor Warren Buffett and his Berkshire Hathaway&nbsp;investment company pumped more than&nbsp;$2 billioninto Bank of America’s stock to push the stake up to nearly 12% of the entire company. That puts BofA as the No. 2 position in Berkshire’s portfolio, behind&nbsp;only tech giant Apple,and giving the stock a huge vote of confidence. What’s more, Buffett &amp; Co. sought approval from the Federal Reserve to double that already massive investment, up to a total of&nbsp;24.9%&nbsp;of Bank of America’s outstanding shares.</p><p><blockquote>更有吸引力的是，2020年底，标志性投资者沃伦·巴菲特和他的伯克希尔·哈撒韦投资公司向美国银行股票注入了超过20亿美元，将其持股比例推高至整个公司的近12%。这使得美国银行在伯克希尔投资组合中排名第二，仅次于科技巨头苹果，并给该股投下了巨大的信任票。更重要的是，巴菲特公司寻求美联储的批准，将这笔已经庞大的投资增加一倍，达到美国银行流通股的24.</blockquote></p><p> Adjusted for splits, BofA stock is back to levels not seen since 2008, before the financial crisis sent shares to low single digits and resulted in a dividend reduction to just a penny per share. The combination of a rising rate environment, strong institutional buying pressure and massive scale make this stock a stable investment that investors may want to look into.</p><p><blockquote>经分拆调整后，美国银行股价已回到2008年以来的最高水平，当时金融危机导致股价跌至低个位数，并导致股息降至每股1美分。利率上升的环境、强大的机构购买压力和庞大的规模相结合，使这只股票成为投资者可能想要关注的稳定投资。</blockquote></p><p> <b>Johnson &amp; Johnson</b></p><p><blockquote><b>强生公司</b></blockquote></p><p> Another mega-cap stock that should be a familiar favorite of value investors, Johnson &amp; Johnson&nbsp;stands out because of a combination of intrinsic value and specific factors that should help it thrive despite the challenges of 2021.</p><p><blockquote>强生公司是另一只应该是价值投资者熟悉的最爱的大型股，它脱颖而出，因为其内在价值和特定因素的结合应该有助于其在2021年面临挑战的情况下蓬勃发展。</blockquote></p><p> J&amp;J is one of only&nbsp;two&nbsp;S&amp;P&nbsp;500 companies (tech giant Microsoft&nbsp;is the other) with a perfect&nbsp;AAA credit rating.&nbsp;It’s also among the 10 largest U.S. companies by market cap, boasts $25 billion in cash and tallies more than $20 billion in annual operating cash flow. When it comes to stability and tangible value on the balance sheet, it’s hard to top this health-care giant.</p><p><blockquote>J&amp;J是仅有的两家拥有完美AAA信用评级的标准普尔500公司之一（科技巨头微软是另一家）。它也是美国市值最大的10家公司之一，拥有250亿美元的现金，年度运营现金流超过200亿美元。就资产负债表的稳定性和有形价值而言，很难超越这家医疗保健巨头。</blockquote></p><p> In 2021, there are also a few factors that should help J&amp;J power even higher. While it is too big and stable to get quite the short-term momentum of a stock like Moderna&nbsp;or Novavax,J&amp;J is set to benefit from a nice tailwind thanks to the fact its own single-dose coronavirus vaccine received&nbsp;Emergency Use Authorization&nbsp;from the U.S. Food and Drug Administration in late February.</p><p><blockquote>2021年，还有一些因素应该有助于强生动力更上一层楼。虽然强生太大太稳定，无法获得Moderna或Novavax等股票的短期势头，但由于其自己的单剂量冠状病毒疫苗获得了美国的紧急使用授权，强生将受益于良好的顺风。食品药品监督管理局在二月下旬。</blockquote></p><p> Johnson &amp; Johnson has a tremendous portfolio of health-care products to fall back on beyond the vaccine, including over-the-counter medication like Tylenol and its eponymous baby-care products, prescription drugs and medical devices. If you want a “sure thing” stock in an uncertain market environment, it could be hard to find a better candidate than JNJ.</p><p><blockquote>除了疫苗之外，强生公司还拥有庞大的医疗保健产品组合，包括泰诺等非处方药及其同名婴儿护理产品、处方药和医疗设备。如果你想在不确定的市场环境中买一只“确定”的股票，可能很难找到比强生更好的候选人。</blockquote></p><p> <b>Walmart</b></p><p><blockquote><b>沃尔玛</b></blockquote></p><p> Keeping with the theme of tremendous scale, big box retailer Walmart&nbsp;is a $380 billion powerhouse that recorded more than $36 billion in operating cash flow last fiscal year. It’s up nearly 50% from its 2020 lows, outperforming the major stock market indexes in the same period, thanks in part to selling groceries and household goods that have remained in strong demand despite disruptions to other spending categories.</p><p><blockquote>与规模巨大的主题保持一致，大型零售商沃尔玛是一家价值3800亿美元的巨头，上一财年的运营现金流超过360亿美元。较2020年低点上涨近50%，跑赢同期主要股市指数，部分原因是尽管其他支出类别受到干扰，但杂货和家庭用品的销售需求仍然强劲。</blockquote></p><p></p><p> This bodes well for the stability of Walmart going forward, as these categories should remain strong for the foreseeable future. Furthermore, the pandemic forced WMT to increase its already impressive digital penetration with customers and accelerated its membership platform Walmart+. This service, at $12 a month or $98 a year, allows for free next-day shipping with no minimum orders and free-from-store delivery for orders of at least $35. There’s even a 5-cent saving on gasoline for members, making this program seem like as good of a value as WMT stock itself.</p><p><blockquote>这对于沃尔玛未来的稳定是个好兆头，因为在可预见的未来，这些品类应该会保持强劲。此外，疫情迫使WMT提高其在客户中已经令人印象深刻的数字渗透率，并加速其会员平台Walmart+。这项服务每月12美元或每年98美元，允许第二天免费送货，没有最低订单，订单至少35美元可免费从商店送货。会员甚至可以节省5美分的汽油费用，这使得该计划看起来与WMT股票本身一样物有所值。</blockquote></p><p> The icing on the cake is an impressive track record of 48 years of consecutive dividend increase that proves Walmart isn’t just a reliable source of income but also a stock that’s committed to its shareholders. Dividends are a tangible sign of real value in a stock, as you have to have regular and material profits to back them up, and a long history of increase shows long-term value investors can depend on WMT regardless of short-term ups and downs for the U.S. economy.</p><p><blockquote>锦上添花的是连续48年股息增加的令人印象深刻的记录，这证明沃尔玛不仅是可靠的收入来源，也是一只对股东有承诺的股票。股息是股票实际价值的切实标志，因为你必须有定期和实质性的利润来支持它们，而长期的增长历史表明，无论短期涨跌如何，长期价值投资者都可以依赖WMT。美国经济。</blockquote></p><p> <b>CVS</b></p><p><blockquote><b>CVS</b></blockquote></p><p> Though you may think of CVS&nbsp;as simply a retailer of a different sort, the reality is that CVS has become much more than a drugstore in 2021. Over the past few years, an investment in acute care and vaccination services in-store has paid off big time as CVS is now a critical part of the vaccine rollout in the U.S. In fact, a recent Wall Street Journal report noted the company has delivered over&nbsp;3 million vaccines.</p><p><blockquote>尽管你可能认为CVS只是一家不同类型的零售商，但现实是，CVS在2021年已经不仅仅是一家药店了。在过去的几年里，对店内急症护理和疫苗接种服务的投资获得了巨大回报，因为CVS现在是美国疫苗推广的重要组成部分。事实上，《华尔街日报》最近的一篇报道指出，该公司已交付了超过300万支疫苗。</blockquote></p><p> That’s a short-term opportunity, to be sure. But more importantly, it has brought all those customers into its store and signed many of them up for marketing updates or its ExtraCare rewards program to keep them coming back over the long haul.</p><p><blockquote>可以肯定的是，这是一个短期机会。但更重要的是，它将所有这些顾客带到了它的商店，并为他们中的许多人注册了营销更新或ExtraCare奖励计划，以让他们长期回来。</blockquote></p><p> Speaking of the long haul, investors should not be fooled into thinking this is just a vaccine play. CVS has been shrewd in recent years, growing into a dominant provider of pharmacy benefit management solutions&nbsp; and even acquiring primary care insurance provider&nbsp;Aetna in 2018. These operations ensure CVS thrives whether individual patients come in to their brick-and-mortar stores with a prescription or not. In fact, under the Global Industry Classification Standard the stock is grouped into “health-care plans” with other stocks like Cigna&nbsp;and UnitedHealthGroup&nbsp;and not with retailers.</p><p><blockquote>从长远来看，投资者不应该被愚弄，认为这只是一场疫苗游戏。CVS近年来精明，成长为药房福利管理解决方案的主导提供商，甚至在2018年收购了初级保健保险提供商Aetna。这些操作确保了CVS的蓬勃发展，无论个别患者是否带着处方来到他们的实体店。事实上，根据全球行业分类标准，该股票与Cigna和UnitedHealthGroup等其他股票一起被归入“医疗保健计划”，而不是零售商。</blockquote></p><p> The kicker is that CVS has a forward price-to-earnings ratio of about 9 right now, less than half that of the S&amp;P 500’s 22, and well below peers like UNH in its industry group that are around 20. With a health-care focus that insulates it from rates and an attractive valuation, CVS is worth a look.</p><p><blockquote>更重要的是，CVS目前的预期市盈率约为9，不到标普500 22的一半，也远低于UNH等行业内20左右的同行。CVS专注于医疗保健，使其免受利率影响，估值也很有吸引力，因此值得一看。</blockquote></p><p> <b>General Motors</b></p><p><blockquote><b>通用汽车</b></blockquote></p><p> I made the case for General Motors&nbsp;earlier this year in a&nbsp;MarketWatch column. And with shares up about 40% year-to-date, it’s worth repeating that call here as GM has a lot of intrinsic value and remains at an attractive price even after this run.</p><p><blockquote>今年早些时候，我在MarketWatch专栏中提出了通用汽车的理由。今年迄今为止，股价上涨了约40%，值得在这里重复看涨期权，因为通用汽车拥有很大的内在价值，即使在这次上涨之后，价格仍然具有吸引力。</blockquote></p><p> Case in point: GM is sitting on a forward P/E of less than 7, compared with 11 for Toyota&nbsp;and about 22 for the market at large.</p><p><blockquote>例证：通用汽车的预期市盈率不到7，而丰田为11，整个市场约为22。</blockquote></p><p> You might say that’s because the market is discounting GM’s stock for a lack of innovation in the age of electric vehicles. But the truth is that GM is actually running with the pack of EV manfucaturers quite well. Its new&nbsp;Ultium battery power system&nbsp;is modular, allowing it to grow quickly into the many vehicle lines offered by this legacy automaker, and its BrightDrop subsidiary continues to innovate with developments include a&nbsp;250-mile range delivery van. GM has publicly pledged to have a 100% electric portfolio by 2035, and is well on its way to that long-term goal.</p><p><blockquote>你可能会说，这是因为市场因通用汽车在电动汽车时代缺乏创新而对其股票进行了折扣。但事实是，通用汽车实际上与电动汽车制造商合作得很好。其新型Ultium电池动力系统是模块化的，使其能够快速发展到这家传统汽车制造商提供的众多车辆系列中，其BrightDrop子公司继续创新，开发了续航里程为250英里的送货车。通用汽车公开承诺到2035年拥有100%的电动产品组合，并且正在顺利实现这一长期目标。</blockquote></p><p> Now, you may write off this promise as the desperate public relations campaign of a company that has already been eclipsed by Tesla.But GM has one big thing Tesla doesn’t — a mature manufacturing operation that cranks out 7.7 million vehicles a year, and property and equipment valued at almost $80 billion, according to SEC filings.</p><p><blockquote>现在，你可能会将这一承诺视为一家已经被特斯拉黯然失色的公司孤注一掷的公关活动。但通用汽车有一件特斯拉没有的大事——根据SEC的文件，它拥有成熟的制造业务，每年生产770万辆汽车，以及价值近800亿美元的财产和设备。</blockquote></p><p> Yes, the pandemic has created short-term disruptions for the automaker. And yes, there is long-term risk of missing out on the EV revolution. But GM has a ton of intrinsic value right now. And if rates are rising thanks to an economic recovery, you can expect folks to eagerly spend on GM vehicles rather than pay more in financing costs or sticker price later.</p><p><blockquote>是的，疫情给汽车制造商造成了短期干扰。是的，存在错过电动汽车革命的长期风险。但通用汽车目前拥有巨大的内在价值。如果利率因经济复苏而上升，你可以预计人们会急切地购买通用汽车汽车，而不是以后支付更多的融资成本或标价。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 sturdy value stocks to protect your portfolio from rising interest rates<blockquote>5只稳健的价值股票可保护您的投资组合免受利率上升的影响</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 sturdy value stocks to protect your portfolio from rising interest rates<blockquote>5只稳健的价值股票可保护您的投资组合免受利率上升的影响</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-03-17 10:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Johnson &amp; Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.</p><p><blockquote>强生、通用汽车和其他三家公司具有很高的内在价值和催化剂，这对大流行后的世界来说是个好兆头。</blockquote></p><p> It’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.</p><p><blockquote>很难想象基准国债收益率介于1%至2%之间会引起股市恐慌，但事实正是如此。</blockquote></p><p> U.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.</p><p><blockquote>美国国债被用作各种贷款的参考利率，大约40年前的利率超过13%，2001年接近5%。</blockquote></p><p> But considering where Treasurys have been lately, it’s important to remember that low and high are relative terms. As recently as last summer, 10-year Treasurys&nbsp;commanded a 0.5% rate. That means interest rates have tripled in less than a year.</p><p><blockquote>但考虑到美国国债最近的走势，重要的是要记住低点和高点是相对的。就在去年夏天，10年期美国国债的利率为0.5%。这意味着利率在不到一年的时间里增加了两倍。</blockquote></p><p> Rapid changes like that can have a real impact on your portfolio. Consider that the massive iShares Core U.S. Aggregate Bond ETF,which has $85 billion under management, has dipped 4% already this year even as the S&amp;P 500 Index&nbsp;of the largest U.S. stocks has powered 5% higher.</p><p><blockquote>像这样的快速变化会对你的投资组合产生真正的影响。考虑到管理着850亿美元的大型iShares核心美国综合债券ETF今年已下跌4%，尽管美国最大股票的标普500指数上涨了5%。</blockquote></p><p> Some analysts predict&nbsp;rates are only getting started, thanks to stimulus checks, government spending and the long-shot chance of tighter policies from the Federal Reserve later this year.</p><p><blockquote>一些分析师预测，由于刺激检查、政府支出以及美联储今年晚些时候收紧政策的可能性很大，利率才刚刚开始。</blockquote></p><p> If you want to insulate your portfolio from rising rates, here are five low-risk value stocks that could see you through any choppiness in the months ahead.</p><p><blockquote>如果您想使您的投资组合免受利率上升的影响，这里有五只低风险价值股票，可以帮助您度过未来几个月的波动。</blockquote></p><p> <b>Bank of America</b></p><p><blockquote><b>美国银行</b></blockquote></p><p> Historically, increases in interest rates mean expanding profit margins for the financial sector. And Bank of America,&nbsp;the second-largest U.S. bank by assets, has a massive scale that is sure to pay off as rates rise.</p><p><blockquote>从历史上看，加息意味着金融业利润率的扩大。美国银行是美国资产第二大银行，规模庞大，随着利率上升，肯定会得到回报。</blockquote></p><p> The stock isn’t just seeing momentum recently because of the prospect of higher rates. The shares are up almost 60% in the past 12 months since the COVID-19 lows of 2020, outperforming the S&amp;P 500 in the same period.&nbsp; It’s also riding an impressive streak of earnings reports, topping Wall Street expectations in 15 of the last 16 quarters.</p><p><blockquote>该股最近的势头不仅仅是因为利率上升的前景。自2020年COVID-19低点以来，该股在过去12个月内上涨了近60%，跑赢了同期的标普500。该公司还发布了令人印象深刻的财报，过去16个季度中有15个季度超出了华尔街的预期。</blockquote></p><p> Adding to the appeal is that at the end of 2020 iconic investor Warren Buffett and his Berkshire Hathaway&nbsp;investment company pumped more than&nbsp;$2 billioninto Bank of America’s stock to push the stake up to nearly 12% of the entire company. That puts BofA as the No. 2 position in Berkshire’s portfolio, behind&nbsp;only tech giant Apple,and giving the stock a huge vote of confidence. What’s more, Buffett &amp; Co. sought approval from the Federal Reserve to double that already massive investment, up to a total of&nbsp;24.9%&nbsp;of Bank of America’s outstanding shares.</p><p><blockquote>更有吸引力的是，2020年底，标志性投资者沃伦·巴菲特和他的伯克希尔·哈撒韦投资公司向美国银行股票注入了超过20亿美元，将其持股比例推高至整个公司的近12%。这使得美国银行在伯克希尔投资组合中排名第二，仅次于科技巨头苹果，并给该股投下了巨大的信任票。更重要的是，巴菲特公司寻求美联储的批准，将这笔已经庞大的投资增加一倍，达到美国银行流通股的24.</blockquote></p><p> Adjusted for splits, BofA stock is back to levels not seen since 2008, before the financial crisis sent shares to low single digits and resulted in a dividend reduction to just a penny per share. The combination of a rising rate environment, strong institutional buying pressure and massive scale make this stock a stable investment that investors may want to look into.</p><p><blockquote>经分拆调整后，美国银行股价已回到2008年以来的最高水平，当时金融危机导致股价跌至低个位数，并导致股息降至每股1美分。利率上升的环境、强大的机构购买压力和庞大的规模相结合，使这只股票成为投资者可能想要关注的稳定投资。</blockquote></p><p> <b>Johnson &amp; Johnson</b></p><p><blockquote><b>强生公司</b></blockquote></p><p> Another mega-cap stock that should be a familiar favorite of value investors, Johnson &amp; Johnson&nbsp;stands out because of a combination of intrinsic value and specific factors that should help it thrive despite the challenges of 2021.</p><p><blockquote>强生公司是另一只应该是价值投资者熟悉的最爱的大型股，它脱颖而出，因为其内在价值和特定因素的结合应该有助于其在2021年面临挑战的情况下蓬勃发展。</blockquote></p><p> J&amp;J is one of only&nbsp;two&nbsp;S&amp;P&nbsp;500 companies (tech giant Microsoft&nbsp;is the other) with a perfect&nbsp;AAA credit rating.&nbsp;It’s also among the 10 largest U.S. companies by market cap, boasts $25 billion in cash and tallies more than $20 billion in annual operating cash flow. When it comes to stability and tangible value on the balance sheet, it’s hard to top this health-care giant.</p><p><blockquote>J&amp;J是仅有的两家拥有完美AAA信用评级的标准普尔500公司之一（科技巨头微软是另一家）。它也是美国市值最大的10家公司之一，拥有250亿美元的现金，年度运营现金流超过200亿美元。就资产负债表的稳定性和有形价值而言，很难超越这家医疗保健巨头。</blockquote></p><p> In 2021, there are also a few factors that should help J&amp;J power even higher. While it is too big and stable to get quite the short-term momentum of a stock like Moderna&nbsp;or Novavax,J&amp;J is set to benefit from a nice tailwind thanks to the fact its own single-dose coronavirus vaccine received&nbsp;Emergency Use Authorization&nbsp;from the U.S. Food and Drug Administration in late February.</p><p><blockquote>2021年，还有一些因素应该有助于强生动力更上一层楼。虽然强生太大太稳定，无法获得Moderna或Novavax等股票的短期势头，但由于其自己的单剂量冠状病毒疫苗获得了美国的紧急使用授权，强生将受益于良好的顺风。食品药品监督管理局在二月下旬。</blockquote></p><p> Johnson &amp; Johnson has a tremendous portfolio of health-care products to fall back on beyond the vaccine, including over-the-counter medication like Tylenol and its eponymous baby-care products, prescription drugs and medical devices. If you want a “sure thing” stock in an uncertain market environment, it could be hard to find a better candidate than JNJ.</p><p><blockquote>除了疫苗之外，强生公司还拥有庞大的医疗保健产品组合，包括泰诺等非处方药及其同名婴儿护理产品、处方药和医疗设备。如果你想在不确定的市场环境中买一只“确定”的股票，可能很难找到比强生更好的候选人。</blockquote></p><p> <b>Walmart</b></p><p><blockquote><b>沃尔玛</b></blockquote></p><p> Keeping with the theme of tremendous scale, big box retailer Walmart&nbsp;is a $380 billion powerhouse that recorded more than $36 billion in operating cash flow last fiscal year. It’s up nearly 50% from its 2020 lows, outperforming the major stock market indexes in the same period, thanks in part to selling groceries and household goods that have remained in strong demand despite disruptions to other spending categories.</p><p><blockquote>与规模巨大的主题保持一致，大型零售商沃尔玛是一家价值3800亿美元的巨头，上一财年的运营现金流超过360亿美元。较2020年低点上涨近50%，跑赢同期主要股市指数，部分原因是尽管其他支出类别受到干扰，但杂货和家庭用品的销售需求仍然强劲。</blockquote></p><p></p><p> This bodes well for the stability of Walmart going forward, as these categories should remain strong for the foreseeable future. Furthermore, the pandemic forced WMT to increase its already impressive digital penetration with customers and accelerated its membership platform Walmart+. This service, at $12 a month or $98 a year, allows for free next-day shipping with no minimum orders and free-from-store delivery for orders of at least $35. There’s even a 5-cent saving on gasoline for members, making this program seem like as good of a value as WMT stock itself.</p><p><blockquote>这对于沃尔玛未来的稳定是个好兆头，因为在可预见的未来，这些品类应该会保持强劲。此外，疫情迫使WMT提高其在客户中已经令人印象深刻的数字渗透率，并加速其会员平台Walmart+。这项服务每月12美元或每年98美元，允许第二天免费送货，没有最低订单，订单至少35美元可免费从商店送货。会员甚至可以节省5美分的汽油费用，这使得该计划看起来与WMT股票本身一样物有所值。</blockquote></p><p> The icing on the cake is an impressive track record of 48 years of consecutive dividend increase that proves Walmart isn’t just a reliable source of income but also a stock that’s committed to its shareholders. Dividends are a tangible sign of real value in a stock, as you have to have regular and material profits to back them up, and a long history of increase shows long-term value investors can depend on WMT regardless of short-term ups and downs for the U.S. economy.</p><p><blockquote>锦上添花的是连续48年股息增加的令人印象深刻的记录，这证明沃尔玛不仅是可靠的收入来源，也是一只对股东有承诺的股票。股息是股票实际价值的切实标志，因为你必须有定期和实质性的利润来支持它们，而长期的增长历史表明，无论短期涨跌如何，长期价值投资者都可以依赖WMT。美国经济。</blockquote></p><p> <b>CVS</b></p><p><blockquote><b>CVS</b></blockquote></p><p> Though you may think of CVS&nbsp;as simply a retailer of a different sort, the reality is that CVS has become much more than a drugstore in 2021. Over the past few years, an investment in acute care and vaccination services in-store has paid off big time as CVS is now a critical part of the vaccine rollout in the U.S. In fact, a recent Wall Street Journal report noted the company has delivered over&nbsp;3 million vaccines.</p><p><blockquote>尽管你可能认为CVS只是一家不同类型的零售商，但现实是，CVS在2021年已经不仅仅是一家药店了。在过去的几年里，对店内急症护理和疫苗接种服务的投资获得了巨大回报，因为CVS现在是美国疫苗推广的重要组成部分。事实上，《华尔街日报》最近的一篇报道指出，该公司已交付了超过300万支疫苗。</blockquote></p><p> That’s a short-term opportunity, to be sure. But more importantly, it has brought all those customers into its store and signed many of them up for marketing updates or its ExtraCare rewards program to keep them coming back over the long haul.</p><p><blockquote>可以肯定的是，这是一个短期机会。但更重要的是，它将所有这些顾客带到了它的商店，并为他们中的许多人注册了营销更新或ExtraCare奖励计划，以让他们长期回来。</blockquote></p><p> Speaking of the long haul, investors should not be fooled into thinking this is just a vaccine play. CVS has been shrewd in recent years, growing into a dominant provider of pharmacy benefit management solutions&nbsp; and even acquiring primary care insurance provider&nbsp;Aetna in 2018. These operations ensure CVS thrives whether individual patients come in to their brick-and-mortar stores with a prescription or not. In fact, under the Global Industry Classification Standard the stock is grouped into “health-care plans” with other stocks like Cigna&nbsp;and UnitedHealthGroup&nbsp;and not with retailers.</p><p><blockquote>从长远来看，投资者不应该被愚弄，认为这只是一场疫苗游戏。CVS近年来精明，成长为药房福利管理解决方案的主导提供商，甚至在2018年收购了初级保健保险提供商Aetna。这些操作确保了CVS的蓬勃发展，无论个别患者是否带着处方来到他们的实体店。事实上，根据全球行业分类标准，该股票与Cigna和UnitedHealthGroup等其他股票一起被归入“医疗保健计划”，而不是零售商。</blockquote></p><p> The kicker is that CVS has a forward price-to-earnings ratio of about 9 right now, less than half that of the S&amp;P 500’s 22, and well below peers like UNH in its industry group that are around 20. With a health-care focus that insulates it from rates and an attractive valuation, CVS is worth a look.</p><p><blockquote>更重要的是，CVS目前的预期市盈率约为9，不到标普500 22的一半，也远低于UNH等行业内20左右的同行。CVS专注于医疗保健，使其免受利率影响，估值也很有吸引力，因此值得一看。</blockquote></p><p> <b>General Motors</b></p><p><blockquote><b>通用汽车</b></blockquote></p><p> I made the case for General Motors&nbsp;earlier this year in a&nbsp;MarketWatch column. And with shares up about 40% year-to-date, it’s worth repeating that call here as GM has a lot of intrinsic value and remains at an attractive price even after this run.</p><p><blockquote>今年早些时候，我在MarketWatch专栏中提出了通用汽车的理由。今年迄今为止，股价上涨了约40%，值得在这里重复看涨期权，因为通用汽车拥有很大的内在价值，即使在这次上涨之后，价格仍然具有吸引力。</blockquote></p><p> Case in point: GM is sitting on a forward P/E of less than 7, compared with 11 for Toyota&nbsp;and about 22 for the market at large.</p><p><blockquote>例证：通用汽车的预期市盈率不到7，而丰田为11，整个市场约为22。</blockquote></p><p> You might say that’s because the market is discounting GM’s stock for a lack of innovation in the age of electric vehicles. But the truth is that GM is actually running with the pack of EV manfucaturers quite well. Its new&nbsp;Ultium battery power system&nbsp;is modular, allowing it to grow quickly into the many vehicle lines offered by this legacy automaker, and its BrightDrop subsidiary continues to innovate with developments include a&nbsp;250-mile range delivery van. GM has publicly pledged to have a 100% electric portfolio by 2035, and is well on its way to that long-term goal.</p><p><blockquote>你可能会说，这是因为市场因通用汽车在电动汽车时代缺乏创新而对其股票进行了折扣。但事实是，通用汽车实际上与电动汽车制造商合作得很好。其新型Ultium电池动力系统是模块化的，使其能够快速发展到这家传统汽车制造商提供的众多车辆系列中，其BrightDrop子公司继续创新，开发了续航里程为250英里的送货车。通用汽车公开承诺到2035年拥有100%的电动产品组合，并且正在顺利实现这一长期目标。</blockquote></p><p> Now, you may write off this promise as the desperate public relations campaign of a company that has already been eclipsed by Tesla.But GM has one big thing Tesla doesn’t — a mature manufacturing operation that cranks out 7.7 million vehicles a year, and property and equipment valued at almost $80 billion, according to SEC filings.</p><p><blockquote>现在，你可能会将这一承诺视为一家已经被特斯拉黯然失色的公司孤注一掷的公关活动。但通用汽车有一件特斯拉没有的大事——根据SEC的文件，它拥有成熟的制造业务，每年生产770万辆汽车，以及价值近800亿美元的财产和设备。</blockquote></p><p> Yes, the pandemic has created short-term disruptions for the automaker. And yes, there is long-term risk of missing out on the EV revolution. But GM has a ton of intrinsic value right now. And if rates are rising thanks to an economic recovery, you can expect folks to eagerly spend on GM vehicles rather than pay more in financing costs or sticker price later.</p><p><blockquote>是的，疫情给汽车制造商造成了短期干扰。是的，存在错过电动汽车革命的长期风险。但通用汽车目前拥有巨大的内在价值。如果利率因经济复苏而上升，你可以预计人们会急切地购买通用汽车汽车，而不是以后支付更多的融资成本或标价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/five-sturdy-value-stocks-to-protect-your-portfolio-from-rising-interest-rates-11615897033?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","WMT":"沃尔玛","BAC":"美国银行","CVS":"西维斯健康","GM":"通用汽车"},"source_url":"https://www.marketwatch.com/story/five-sturdy-value-stocks-to-protect-your-portfolio-from-rising-interest-rates-11615897033?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107740379","content_text":"Johnson & Johnson, General Motors and three other companies have high intrinsic value and catalysts that bode well for a post-pandemic world.\nIt’s hard to imagine that the benchmark Treasury bond yielding halfway between 1% and 2% would cause panic in the stock market, but that’s exactly what’s happened.\nU.S. Treasurys, which are used as a reference rate for all kinds of loans, stood at over 13% some 40 years ago and almost 5% in 2001.\nBut considering where Treasurys have been lately, it’s important to remember that low and high are relative terms. As recently as last summer, 10-year Treasurys commanded a 0.5% rate. That means interest rates have tripled in less than a year.\nRapid changes like that can have a real impact on your portfolio. Consider that the massive iShares Core U.S. Aggregate Bond ETF,which has $85 billion under management, has dipped 4% already this year even as the S&P 500 Index of the largest U.S. stocks has powered 5% higher.\nSome analysts predict rates are only getting started, thanks to stimulus checks, government spending and the long-shot chance of tighter policies from the Federal Reserve later this year.\nIf you want to insulate your portfolio from rising rates, here are five low-risk value stocks that could see you through any choppiness in the months ahead.\nBank of America\nHistorically, increases in interest rates mean expanding profit margins for the financial sector. And Bank of America, the second-largest U.S. bank by assets, has a massive scale that is sure to pay off as rates rise.\nThe stock isn’t just seeing momentum recently because of the prospect of higher rates. The shares are up almost 60% in the past 12 months since the COVID-19 lows of 2020, outperforming the S&P 500 in the same period.  It’s also riding an impressive streak of earnings reports, topping Wall Street expectations in 15 of the last 16 quarters.\nAdding to the appeal is that at the end of 2020 iconic investor Warren Buffett and his Berkshire Hathaway investment company pumped more than $2 billioninto Bank of America’s stock to push the stake up to nearly 12% of the entire company. That puts BofA as the No. 2 position in Berkshire’s portfolio, behind only tech giant Apple,and giving the stock a huge vote of confidence. What’s more, Buffett & Co. sought approval from the Federal Reserve to double that already massive investment, up to a total of 24.9% of Bank of America’s outstanding shares.\nAdjusted for splits, BofA stock is back to levels not seen since 2008, before the financial crisis sent shares to low single digits and resulted in a dividend reduction to just a penny per share. The combination of a rising rate environment, strong institutional buying pressure and massive scale make this stock a stable investment that investors may want to look into.\nJohnson & Johnson\nAnother mega-cap stock that should be a familiar favorite of value investors, Johnson & Johnson stands out because of a combination of intrinsic value and specific factors that should help it thrive despite the challenges of 2021.\nJ&J is one of only two S&P 500 companies (tech giant Microsoft is the other) with a perfect AAA credit rating. It’s also among the 10 largest U.S. companies by market cap, boasts $25 billion in cash and tallies more than $20 billion in annual operating cash flow. When it comes to stability and tangible value on the balance sheet, it’s hard to top this health-care giant.\nIn 2021, there are also a few factors that should help J&J power even higher. While it is too big and stable to get quite the short-term momentum of a stock like Moderna or Novavax,J&J is set to benefit from a nice tailwind thanks to the fact its own single-dose coronavirus vaccine received Emergency Use Authorization from the U.S. Food and Drug Administration in late February.\nJohnson & Johnson has a tremendous portfolio of health-care products to fall back on beyond the vaccine, including over-the-counter medication like Tylenol and its eponymous baby-care products, prescription drugs and medical devices. If you want a “sure thing” stock in an uncertain market environment, it could be hard to find a better candidate than JNJ.\nWalmart\nKeeping with the theme of tremendous scale, big box retailer Walmart is a $380 billion powerhouse that recorded more than $36 billion in operating cash flow last fiscal year. It’s up nearly 50% from its 2020 lows, outperforming the major stock market indexes in the same period, thanks in part to selling groceries and household goods that have remained in strong demand despite disruptions to other spending categories.\nThis bodes well for the stability of Walmart going forward, as these categories should remain strong for the foreseeable future. Furthermore, the pandemic forced WMT to increase its already impressive digital penetration with customers and accelerated its membership platform Walmart+. This service, at $12 a month or $98 a year, allows for free next-day shipping with no minimum orders and free-from-store delivery for orders of at least $35. There’s even a 5-cent saving on gasoline for members, making this program seem like as good of a value as WMT stock itself.\nThe icing on the cake is an impressive track record of 48 years of consecutive dividend increase that proves Walmart isn’t just a reliable source of income but also a stock that’s committed to its shareholders. Dividends are a tangible sign of real value in a stock, as you have to have regular and material profits to back them up, and a long history of increase shows long-term value investors can depend on WMT regardless of short-term ups and downs for the U.S. economy.\nCVS\nThough you may think of CVS as simply a retailer of a different sort, the reality is that CVS has become much more than a drugstore in 2021. Over the past few years, an investment in acute care and vaccination services in-store has paid off big time as CVS is now a critical part of the vaccine rollout in the U.S. In fact, a recent Wall Street Journal report noted the company has delivered over 3 million vaccines.\nThat’s a short-term opportunity, to be sure. But more importantly, it has brought all those customers into its store and signed many of them up for marketing updates or its ExtraCare rewards program to keep them coming back over the long haul.\nSpeaking of the long haul, investors should not be fooled into thinking this is just a vaccine play. CVS has been shrewd in recent years, growing into a dominant provider of pharmacy benefit management solutions  and even acquiring primary care insurance provider Aetna in 2018. These operations ensure CVS thrives whether individual patients come in to their brick-and-mortar stores with a prescription or not. In fact, under the Global Industry Classification Standard the stock is grouped into “health-care plans” with other stocks like Cigna and UnitedHealthGroup and not with retailers.\nThe kicker is that CVS has a forward price-to-earnings ratio of about 9 right now, less than half that of the S&P 500’s 22, and well below peers like UNH in its industry group that are around 20. With a health-care focus that insulates it from rates and an attractive valuation, CVS is worth a look.\nGeneral Motors\nI made the case for General Motors earlier this year in a MarketWatch column. And with shares up about 40% year-to-date, it’s worth repeating that call here as GM has a lot of intrinsic value and remains at an attractive price even after this run.\nCase in point: GM is sitting on a forward P/E of less than 7, compared with 11 for Toyota and about 22 for the market at large.\nYou might say that’s because the market is discounting GM’s stock for a lack of innovation in the age of electric vehicles. But the truth is that GM is actually running with the pack of EV manfucaturers quite well. Its new Ultium battery power system is modular, allowing it to grow quickly into the many vehicle lines offered by this legacy automaker, and its BrightDrop subsidiary continues to innovate with developments include a 250-mile range delivery van. GM has publicly pledged to have a 100% electric portfolio by 2035, and is well on its way to that long-term goal.\nNow, you may write off this promise as the desperate public relations campaign of a company that has already been eclipsed by Tesla.But GM has one big thing Tesla doesn’t — a mature manufacturing operation that cranks out 7.7 million vehicles a year, and property and equipment valued at almost $80 billion, according to SEC filings.\nYes, the pandemic has created short-term disruptions for the automaker. And yes, there is long-term risk of missing out on the EV revolution. But GM has a ton of intrinsic value right now. And if rates are rising thanks to an economic recovery, you can expect folks to eagerly spend on GM vehicles rather than pay more in financing costs or sticker price later.","news_type":1,"symbols_score_info":{"CVS":0.9,"BAC":0.9,"JNJ":0.9,"GM":0.9,"WMT":0.9}},"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327488713,"gmtCreate":1616117287632,"gmtModify":1634527153676,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/327488713","repostId":"1103812798","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362097094,"gmtCreate":1614571103518,"gmtModify":1703478322560,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today? 😊","listText":"who needs like and comment today? 😊","text":"who needs like and comment today? 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/362097094","repostId":"1140907630","repostType":4,"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363668891,"gmtCreate":1614134748813,"gmtModify":1634551043488,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"anyone needs like and comments today?&nbsp;","listText":"anyone needs like and comments today?&nbsp;","text":"anyone needs like and comments today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/363668891","repostId":"1106446066","repostType":4,"repost":{"id":"1106446066","kind":"news","pubTimestamp":1614133758,"share":"https://www.laohu8.com/m/news/1106446066?lang=zh_CN&edition=full","pubTime":"2021-02-24 10:29","market":"us","language":"en","title":"4 reasons Tesla's stock is tumbling<blockquote>特斯拉股价暴跌的4个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106446066","media":"CNN Business","summary":"New York (CNN Business) - Tesla, the hottest stock in the market for more than a year, has sunk into","content":"<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>Tesla, the&nbsp;hottest stock&nbsp;in the market for more than a year, has sunk into bear market territory.</p><p><blockquote><b>纽约（CNN商业）——</b>特斯拉，一年多来市场上最热门的股票，已经陷入熊市领域。</blockquote></p><p> Shares of&nbsp;Tesla&nbsp;fell 6% Tuesday after closing down 8.5% Monday, wiping out its gains for the year. The stock closed at a record just above $883 on January 26 and has tumbled since. It fell low as $619 Tuesday, the first time Tesla shares have fallen below $700 since December 31.</p><p><blockquote>特斯拉股价继周一收盘下跌8.5%后，周二下跌6%，抹去了今年的涨幅。该股1月26日收于略高于883美元的创纪录水平，此后一直在暴跌。周二跌至619美元，这是特斯拉股价自12月31日以来首次跌破700美元。</blockquote></p><p> The steep decline has taken Tesla shares below their level when the company&nbsp;entered the S&amp;P 500&nbsp;on December 21. It also knocked CEO Elon Musk into the No. 2 position in the&nbsp;richest person on the planet&nbsp;list, behind&nbsp;Amazon&nbsp;founder Jeff Bezos. The two have been&nbsp;swapping positions&nbsp;repeatedly this year.</p><p><blockquote>大幅下跌已使特斯拉股价跌破该公司12月21日进入标普500时的水平。它还将亚马逊首席执行官Elon Musk挤进了全球富豪榜的第二位，仅次于亚马逊创始人杰夫·贝索斯。两人今年以来多次互换位置。</blockquote></p><p> Tesla's stock is selling off for several reasons:</p><p><blockquote>特斯拉的股票遭到抛售有几个原因：</blockquote></p><p> <b>Bitcoin</b></p><p><blockquote><b>比特币</b></blockquote></p><p> Tesla announced earlier this month that it had&nbsp;invested $1.5 billion in bitcoin. That helped feed the&nbsp;recent rally in bitcoin&nbsp;and by some estimates earned Tesla a quick $1 billion profit — more than it has ever made from selling cars in a single year.</p><p><blockquote>特斯拉本月早些时候宣布，已向比特币投资15亿美元。这帮助推动了比特币最近的反弹，据一些人估计，特斯拉很快就获得了10亿美元的利润——比它一年销售汽车的利润还要多。</blockquote></p><p> But on Saturday, in response to a critic of Tesla's bitcoin investment, Musk&nbsp;tweeted&nbsp;that the prices of both bitcoin and another cryptocurrency called Ether \"do seem high.\" That&nbsp;helped to send the price&nbsp;of&nbsp;bitcoin&nbsp;down 9.3% in trading Monday, which may have helped to drag down Tesla shares.</p><p><blockquote>但周六，在回应特斯拉比特币投资的批评者时，马斯克在推特上表示，比特币和另一种名为以太币的加密货币的价格“确实看起来很高”。这导致比特币股价在周一交易中下跌9.3%，这可能拖累了特斯拉股价。</blockquote></p><p> \"Bitcoin is the smart move at the right time for Tesla in our opinion, but on the downside its playing with firecrackers and risks and volatility are added to the Tesla story,\" said Daniel Ives, tech analyst for Wedbush Securities, who remains bullish on Tesla shares.</p><p><blockquote>Wedbush Securities科技分析师Daniel Ives表示：“我们认为，比特币对特斯拉来说是在正确的时间采取的明智之举，但不利的一面是，它玩弄鞭炮，风险和波动性增加了特斯拉的故事。”看好特斯拉股票。</blockquote></p><p> <b>Model Y pricing</b></p><p><blockquote><b>Model Y定价</b></blockquote></p><p> Last Thursday, Tesla cut the price of the cheapest version of its Model Y and its best-selling Model 3 cars by $2,000 each. That brought the price for the \"standard range\" Model Y, one that can travel 244 miles on a charge, to $38,490 -- and the standard range Model 3 to $34,590.</p><p><blockquote>上周四，特斯拉将其最便宜版本的Model Y和最畅销的Model 3汽车的价格各下调了2,000美元。这使得“标准续航里程”Model Y（一次充电可行驶244英里）的价格达到38,490美元，标准续航里程Model 3的价格达到34,590美元。</blockquote></p><p> But over the weekend, the cheapest \"standard range\" version of the Model Y disappeared from Tesla's sales site, leaving only the more expensive long-range and performance versions of the SUV. Tesla did not explain its decision.</p><p><blockquote>但在周末，最便宜的“标准续航”版本的Model Y从特斯拉的销售网站上消失了，只剩下更昂贵的长续航和高性能版本的SUV。特斯拉没有解释其决定。</blockquote></p><p> \"We see the plausible reasons as either: the mix was skewed too much to the cheaper variant, and thus it was going to kill their margins, or more likely there just wasn't much demand for the lower variant,\" said Gordon Johnson of GLJ Research, one of the more bearish critics on Tesla shares. He said the recent price cuts and other price cuts show that Tesla vehicles do not have the demand that its fans claim.</p><p><blockquote>Gordon Johnson表示：“我们认为可能的原因要么是：产品组合过于偏向较便宜的型号，因此会扼杀他们的利润率，要么更有可能的是，对较低型号的需求并不大。”GLJ Research是对特斯拉股票较为悲观的批评者之一。他表示，最近的降价和其他降价表明，特斯拉汽车并没有其粉丝所宣称的需求。</blockquote></p><p> \"Tesla can't keep its current factories running at capacity without ... price cuts,\" said Johnson in note on Monday.</p><p><blockquote>Johnson周一在一份报告中表示：“如果不降价，特斯拉就无法让现有工厂保持满负荷运转。”</blockquote></p><p> <b>Increased competition</b></p><p><blockquote><b>竞争加剧</b></blockquote></p><p> Established automakers have recently set ambitious targets for their own EV sales.</p><p><blockquote>老牌汽车制造商最近为自己的电动汽车销售设定了雄心勃勃的目标。</blockquote></p><p> General Motors&nbsp;rolled out an SUV version of its&nbsp;Chevrolet Bolt&nbsp;a week ago, priced well below the Model Y, and announced it intends to sell only&nbsp;emissions-free cars&nbsp;after 2035.Ford&nbsp;set an even more&nbsp;ambitious EV target for its European sales, saying all of the car models it sells there will be EVs by 2030.</p><p><blockquote>通用汽车一周前推出了雪佛兰Bolt的SUV版本，价格远低于Model Y，并宣布打算在2035年之后只销售零排放汽车。福特为其欧洲销售设定了更加雄心勃勃的电动汽车目标，称到2030年，其在欧洲销售的所有车型都将是电动汽车。</blockquote></p><p> Apple&nbsp;is also considering partnering with an automaker toget into the car business, according to several news reports.</p><p><blockquote>据多家新闻报道，苹果还在考虑与一家汽车制造商合作进入汽车业务。</blockquote></p><p> Those efforts are making some Tesla investors nervous, said Ives, although he believes there will be enough of a shift to EVs for multiple winners among global automakers.</p><p><blockquote>Ives表示，这些努力让一些特斯拉投资者感到紧张，尽管他相信全球汽车制造商中的多个赢家将足以转向电动汽车。</blockquote></p><p> <b>Investors got ahead of themselves</b></p><p><blockquote><b>投资者超前了</b></blockquote></p><p> Tesla shares peaked one day before a disappointing earnings report on January 27 that fell&nbsp;short of forecasts from Wall Street analysts.</p><p><blockquote>特斯拉股价在1月27日令人失望的财报未达华尔街分析师预期的前一天见顶。</blockquote></p><p> The earnings showed that the money Tesla made from the&nbsp;sale of regulatory credits&nbsp;to other automakers outpaced its overall net income. Critics, like Johnson, said it's proof Tesla isn't able to make money building and selling cars (although by some other profit measures Tesla is profitable).</p><p><blockquote>财报显示，特斯拉向其他汽车制造商出售监管信贷所赚的钱超过了其整体净利润。像Johnson这样的批评者说，这证明特斯拉无法通过制造和销售汽车赚钱（尽管从其他一些利润指标来看，特斯拉是盈利的）。</blockquote></p><p> During the earnings conference call on January 27, Musk also spoke about a shortage of batteries needed to power electric vehicles. He said that even with Tesla's own in-house supply of batteries and its planned expansion of battery production, the company is scrambling to find the batteries it wants to build more vehicles.</p><p><blockquote>在1月27日的财报电话会议上，马斯克还谈到了电动汽车所需电池的短缺问题。他表示，即使特斯拉自己内部供应电池，并计划扩大电池生产，该公司仍在争先恐后地寻找制造更多车辆所需的电池。</blockquote></p><p> \"The fundamental limit on electric vehicles right now, in general, is total availability of [battery] cells,\" he said. For example, Musk said Tesla would have already started producing a semi-tractor if it had the batteries available to do so.</p><p><blockquote>“总的来说，目前电动汽车的基本限制是[电池]的总可用性，”他说。例如，马斯克表示，如果特斯拉有足够的电池，它早就开始生产半挂车了。</blockquote></p><p> <b>Shares are still way up</b></p><p><blockquote><b>股价仍在上涨</b></blockquote></p><p> Tesla shares rose a market-leading 743% in 2020, as investors embraced the idea that the future of the auto industry would be electric. Tesla remains by far the most valuable automaker in the world, with a market value well above that of the eight largest automakers combined.</p><p><blockquote>由于投资者接受了汽车行业的未来将是电动的这一观点，特斯拉股价在2020年上涨了743%，领跑市场。特斯拉仍然是迄今为止世界上最有价值的汽车制造商，其市值远高于八大汽车制造商的总和。</blockquote></p><p></p><p> Even with the recent decline. Tesla shares are up about 1,300% since October 2019, when it reported a third-quarter&nbsp;profit that surprised investors, sending shares on a tear.</p><p><blockquote>即使最近有所下降。自2019年10月以来，特斯拉股价已上涨约1,300%，当时该公司公布的第三季度利润令投资者感到意外，导致股价大幅上涨。</blockquote></p><p> Some investors believe Tesla's stock flew too high. Yet many analysts believe Tesla will bounce back. Ives has a 12-month target price of $950.</p><p><blockquote>一些投资者认为特斯拉的股价飞得太高了。然而，许多分析师认为特斯拉将会反弹。Ives的12个月目标价为950美元。</blockquote></p><p> Even so, he has a warning: \"It's 'buckle up the seat belt time' again for Tesla's stock with more volatility on the horizon,\" Ives said.</p><p><blockquote>即便如此，他也有一个警告：“特斯拉的股票又到了‘系好安全带的时候了’，因为即将出现更多波动，”Ives说。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 reasons Tesla's stock is tumbling<blockquote>特斯拉股价暴跌的4个原因</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 reasons Tesla's stock is tumbling<blockquote>特斯拉股价暴跌的4个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN Business</strong><span class=\"h-time small\">2021-02-24 10:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>Tesla, the&nbsp;hottest stock&nbsp;in the market for more than a year, has sunk into bear market territory.</p><p><blockquote><b>纽约（CNN商业）——</b>特斯拉，一年多来市场上最热门的股票，已经陷入熊市领域。</blockquote></p><p> Shares of&nbsp;Tesla&nbsp;fell 6% Tuesday after closing down 8.5% Monday, wiping out its gains for the year. The stock closed at a record just above $883 on January 26 and has tumbled since. It fell low as $619 Tuesday, the first time Tesla shares have fallen below $700 since December 31.</p><p><blockquote>特斯拉股价继周一收盘下跌8.5%后，周二下跌6%，抹去了今年的涨幅。该股1月26日收于略高于883美元的创纪录水平，此后一直在暴跌。周二跌至619美元，这是特斯拉股价自12月31日以来首次跌破700美元。</blockquote></p><p> The steep decline has taken Tesla shares below their level when the company&nbsp;entered the S&amp;P 500&nbsp;on December 21. It also knocked CEO Elon Musk into the No. 2 position in the&nbsp;richest person on the planet&nbsp;list, behind&nbsp;Amazon&nbsp;founder Jeff Bezos. The two have been&nbsp;swapping positions&nbsp;repeatedly this year.</p><p><blockquote>大幅下跌已使特斯拉股价跌破该公司12月21日进入标普500时的水平。它还将亚马逊首席执行官Elon Musk挤进了全球富豪榜的第二位，仅次于亚马逊创始人杰夫·贝索斯。两人今年以来多次互换位置。</blockquote></p><p> Tesla's stock is selling off for several reasons:</p><p><blockquote>特斯拉的股票遭到抛售有几个原因：</blockquote></p><p> <b>Bitcoin</b></p><p><blockquote><b>比特币</b></blockquote></p><p> Tesla announced earlier this month that it had&nbsp;invested $1.5 billion in bitcoin. That helped feed the&nbsp;recent rally in bitcoin&nbsp;and by some estimates earned Tesla a quick $1 billion profit — more than it has ever made from selling cars in a single year.</p><p><blockquote>特斯拉本月早些时候宣布，已向比特币投资15亿美元。这帮助推动了比特币最近的反弹，据一些人估计，特斯拉很快就获得了10亿美元的利润——比它一年销售汽车的利润还要多。</blockquote></p><p> But on Saturday, in response to a critic of Tesla's bitcoin investment, Musk&nbsp;tweeted&nbsp;that the prices of both bitcoin and another cryptocurrency called Ether \"do seem high.\" That&nbsp;helped to send the price&nbsp;of&nbsp;bitcoin&nbsp;down 9.3% in trading Monday, which may have helped to drag down Tesla shares.</p><p><blockquote>但周六，在回应特斯拉比特币投资的批评者时，马斯克在推特上表示，比特币和另一种名为以太币的加密货币的价格“确实看起来很高”。这导致比特币股价在周一交易中下跌9.3%，这可能拖累了特斯拉股价。</blockquote></p><p> \"Bitcoin is the smart move at the right time for Tesla in our opinion, but on the downside its playing with firecrackers and risks and volatility are added to the Tesla story,\" said Daniel Ives, tech analyst for Wedbush Securities, who remains bullish on Tesla shares.</p><p><blockquote>Wedbush Securities科技分析师Daniel Ives表示：“我们认为，比特币对特斯拉来说是在正确的时间采取的明智之举，但不利的一面是，它玩弄鞭炮，风险和波动性增加了特斯拉的故事。”看好特斯拉股票。</blockquote></p><p> <b>Model Y pricing</b></p><p><blockquote><b>Model Y定价</b></blockquote></p><p> Last Thursday, Tesla cut the price of the cheapest version of its Model Y and its best-selling Model 3 cars by $2,000 each. That brought the price for the \"standard range\" Model Y, one that can travel 244 miles on a charge, to $38,490 -- and the standard range Model 3 to $34,590.</p><p><blockquote>上周四，特斯拉将其最便宜版本的Model Y和最畅销的Model 3汽车的价格各下调了2,000美元。这使得“标准续航里程”Model Y（一次充电可行驶244英里）的价格达到38,490美元，标准续航里程Model 3的价格达到34,590美元。</blockquote></p><p> But over the weekend, the cheapest \"standard range\" version of the Model Y disappeared from Tesla's sales site, leaving only the more expensive long-range and performance versions of the SUV. Tesla did not explain its decision.</p><p><blockquote>但在周末，最便宜的“标准续航”版本的Model Y从特斯拉的销售网站上消失了，只剩下更昂贵的长续航和高性能版本的SUV。特斯拉没有解释其决定。</blockquote></p><p> \"We see the plausible reasons as either: the mix was skewed too much to the cheaper variant, and thus it was going to kill their margins, or more likely there just wasn't much demand for the lower variant,\" said Gordon Johnson of GLJ Research, one of the more bearish critics on Tesla shares. He said the recent price cuts and other price cuts show that Tesla vehicles do not have the demand that its fans claim.</p><p><blockquote>Gordon Johnson表示：“我们认为可能的原因要么是：产品组合过于偏向较便宜的型号，因此会扼杀他们的利润率，要么更有可能的是，对较低型号的需求并不大。”GLJ Research是对特斯拉股票较为悲观的批评者之一。他表示，最近的降价和其他降价表明，特斯拉汽车并没有其粉丝所宣称的需求。</blockquote></p><p> \"Tesla can't keep its current factories running at capacity without ... price cuts,\" said Johnson in note on Monday.</p><p><blockquote>Johnson周一在一份报告中表示：“如果不降价，特斯拉就无法让现有工厂保持满负荷运转。”</blockquote></p><p> <b>Increased competition</b></p><p><blockquote><b>竞争加剧</b></blockquote></p><p> Established automakers have recently set ambitious targets for their own EV sales.</p><p><blockquote>老牌汽车制造商最近为自己的电动汽车销售设定了雄心勃勃的目标。</blockquote></p><p> General Motors&nbsp;rolled out an SUV version of its&nbsp;Chevrolet Bolt&nbsp;a week ago, priced well below the Model Y, and announced it intends to sell only&nbsp;emissions-free cars&nbsp;after 2035.Ford&nbsp;set an even more&nbsp;ambitious EV target for its European sales, saying all of the car models it sells there will be EVs by 2030.</p><p><blockquote>通用汽车一周前推出了雪佛兰Bolt的SUV版本，价格远低于Model Y，并宣布打算在2035年之后只销售零排放汽车。福特为其欧洲销售设定了更加雄心勃勃的电动汽车目标，称到2030年，其在欧洲销售的所有车型都将是电动汽车。</blockquote></p><p> Apple&nbsp;is also considering partnering with an automaker toget into the car business, according to several news reports.</p><p><blockquote>据多家新闻报道，苹果还在考虑与一家汽车制造商合作进入汽车业务。</blockquote></p><p> Those efforts are making some Tesla investors nervous, said Ives, although he believes there will be enough of a shift to EVs for multiple winners among global automakers.</p><p><blockquote>Ives表示，这些努力让一些特斯拉投资者感到紧张，尽管他相信全球汽车制造商中的多个赢家将足以转向电动汽车。</blockquote></p><p> <b>Investors got ahead of themselves</b></p><p><blockquote><b>投资者超前了</b></blockquote></p><p> Tesla shares peaked one day before a disappointing earnings report on January 27 that fell&nbsp;short of forecasts from Wall Street analysts.</p><p><blockquote>特斯拉股价在1月27日令人失望的财报未达华尔街分析师预期的前一天见顶。</blockquote></p><p> The earnings showed that the money Tesla made from the&nbsp;sale of regulatory credits&nbsp;to other automakers outpaced its overall net income. Critics, like Johnson, said it's proof Tesla isn't able to make money building and selling cars (although by some other profit measures Tesla is profitable).</p><p><blockquote>财报显示，特斯拉向其他汽车制造商出售监管信贷所赚的钱超过了其整体净利润。像Johnson这样的批评者说，这证明特斯拉无法通过制造和销售汽车赚钱（尽管从其他一些利润指标来看，特斯拉是盈利的）。</blockquote></p><p> During the earnings conference call on January 27, Musk also spoke about a shortage of batteries needed to power electric vehicles. He said that even with Tesla's own in-house supply of batteries and its planned expansion of battery production, the company is scrambling to find the batteries it wants to build more vehicles.</p><p><blockquote>在1月27日的财报电话会议上，马斯克还谈到了电动汽车所需电池的短缺问题。他表示，即使特斯拉自己内部供应电池，并计划扩大电池生产，该公司仍在争先恐后地寻找制造更多车辆所需的电池。</blockquote></p><p> \"The fundamental limit on electric vehicles right now, in general, is total availability of [battery] cells,\" he said. For example, Musk said Tesla would have already started producing a semi-tractor if it had the batteries available to do so.</p><p><blockquote>“总的来说，目前电动汽车的基本限制是[电池]的总可用性，”他说。例如，马斯克表示，如果特斯拉有足够的电池，它早就开始生产半挂车了。</blockquote></p><p> <b>Shares are still way up</b></p><p><blockquote><b>股价仍在上涨</b></blockquote></p><p> Tesla shares rose a market-leading 743% in 2020, as investors embraced the idea that the future of the auto industry would be electric. Tesla remains by far the most valuable automaker in the world, with a market value well above that of the eight largest automakers combined.</p><p><blockquote>由于投资者接受了汽车行业的未来将是电动的这一观点，特斯拉股价在2020年上涨了743%，领跑市场。特斯拉仍然是迄今为止世界上最有价值的汽车制造商，其市值远高于八大汽车制造商的总和。</blockquote></p><p></p><p> Even with the recent decline. Tesla shares are up about 1,300% since October 2019, when it reported a third-quarter&nbsp;profit that surprised investors, sending shares on a tear.</p><p><blockquote>即使最近有所下降。自2019年10月以来，特斯拉股价已上涨约1,300%，当时该公司公布的第三季度利润令投资者感到意外，导致股价大幅上涨。</blockquote></p><p> Some investors believe Tesla's stock flew too high. Yet many analysts believe Tesla will bounce back. Ives has a 12-month target price of $950.</p><p><blockquote>一些投资者认为特斯拉的股价飞得太高了。然而，许多分析师认为特斯拉将会反弹。Ives的12个月目标价为950美元。</blockquote></p><p> Even so, he has a warning: \"It's 'buckle up the seat belt time' again for Tesla's stock with more volatility on the horizon,\" Ives said.</p><p><blockquote>即便如此，他也有一个警告：“特斯拉的股票又到了‘系好安全带的时候了’，因为即将出现更多波动，”Ives说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/02/23/investing/tesla-shares-bear-market/index.html\">CNN Business</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://edition.cnn.com/2021/02/23/investing/tesla-shares-bear-market/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106446066","content_text":"New York (CNN Business) - Tesla, the hottest stock in the market for more than a year, has sunk into bear market territory.\nShares of Tesla fell 6% Tuesday after closing down 8.5% Monday, wiping out its gains for the year. The stock closed at a record just above $883 on January 26 and has tumbled since. It fell low as $619 Tuesday, the first time Tesla shares have fallen below $700 since December 31.\nThe steep decline has taken Tesla shares below their level when the company entered the S&P 500 on December 21. It also knocked CEO Elon Musk into the No. 2 position in the richest person on the planet list, behind Amazon founder Jeff Bezos. The two have been swapping positions repeatedly this year.\nTesla's stock is selling off for several reasons:\nBitcoin\nTesla announced earlier this month that it had invested $1.5 billion in bitcoin. That helped feed the recent rally in bitcoin and by some estimates earned Tesla a quick $1 billion profit — more than it has ever made from selling cars in a single year.\nBut on Saturday, in response to a critic of Tesla's bitcoin investment, Musk tweeted that the prices of both bitcoin and another cryptocurrency called Ether \"do seem high.\" That helped to send the price of bitcoin down 9.3% in trading Monday, which may have helped to drag down Tesla shares.\n\"Bitcoin is the smart move at the right time for Tesla in our opinion, but on the downside its playing with firecrackers and risks and volatility are added to the Tesla story,\" said Daniel Ives, tech analyst for Wedbush Securities, who remains bullish on Tesla shares.\nModel Y pricing\nLast Thursday, Tesla cut the price of the cheapest version of its Model Y and its best-selling Model 3 cars by $2,000 each. That brought the price for the \"standard range\" Model Y, one that can travel 244 miles on a charge, to $38,490 -- and the standard range Model 3 to $34,590.\nBut over the weekend, the cheapest \"standard range\" version of the Model Y disappeared from Tesla's sales site, leaving only the more expensive long-range and performance versions of the SUV. Tesla did not explain its decision.\n\"We see the plausible reasons as either: the mix was skewed too much to the cheaper variant, and thus it was going to kill their margins, or more likely there just wasn't much demand for the lower variant,\" said Gordon Johnson of GLJ Research, one of the more bearish critics on Tesla shares. He said the recent price cuts and other price cuts show that Tesla vehicles do not have the demand that its fans claim.\n\"Tesla can't keep its current factories running at capacity without ... price cuts,\" said Johnson in note on Monday.\nIncreased competition\nEstablished automakers have recently set ambitious targets for their own EV sales.\nGeneral Motors rolled out an SUV version of its Chevrolet Bolt a week ago, priced well below the Model Y, and announced it intends to sell only emissions-free cars after 2035.Ford set an even more ambitious EV target for its European sales, saying all of the car models it sells there will be EVs by 2030.\nApple is also considering partnering with an automaker toget into the car business, according to several news reports.\nThose efforts are making some Tesla investors nervous, said Ives, although he believes there will be enough of a shift to EVs for multiple winners among global automakers.\nInvestors got ahead of themselves\nTesla shares peaked one day before a disappointing earnings report on January 27 that fell short of forecasts from Wall Street analysts.\nThe earnings showed that the money Tesla made from the sale of regulatory credits to other automakers outpaced its overall net income. Critics, like Johnson, said it's proof Tesla isn't able to make money building and selling cars (although by some other profit measures Tesla is profitable).\nDuring the earnings conference call on January 27, Musk also spoke about a shortage of batteries needed to power electric vehicles. He said that even with Tesla's own in-house supply of batteries and its planned expansion of battery production, the company is scrambling to find the batteries it wants to build more vehicles.\n\"The fundamental limit on electric vehicles right now, in general, is total availability of [battery] cells,\" he said. For example, Musk said Tesla would have already started producing a semi-tractor if it had the batteries available to do so.\nShares are still way up\nTesla shares rose a market-leading 743% in 2020, as investors embraced the idea that the future of the auto industry would be electric. Tesla remains by far the most valuable automaker in the world, with a market value well above that of the eight largest automakers combined.\nEven with the recent decline. Tesla shares are up about 1,300% since October 2019, when it reported a third-quarter profit that surprised investors, sending shares on a tear.\nSome investors believe Tesla's stock flew too high. Yet many analysts believe Tesla will bounce back. Ives has a 12-month target price of $950.\nEven so, he has a warning: \"It's 'buckle up the seat belt time' again for Tesla's stock with more volatility on the horizon,\" Ives said.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326555552,"gmtCreate":1615689677276,"gmtModify":1703492097352,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"anyone needs like and comment today?let me know how you need 😊","listText":"anyone needs like and comment today?let me know how you need 😊","text":"anyone needs like and comment today?let me know how you need 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/326555552","repostId":"1104628946","repostType":4,"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326127102,"gmtCreate":1615604751506,"gmtModify":1703491532229,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"who needs like and comment today?&nbsp;let me know how many you need. 😊","listText":"who needs like and comment today?&nbsp;let me know how many you need. 😊","text":"who needs like and comment today? let me know how many you need. 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/326127102","repostId":"1104628946","repostType":4,"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365518607,"gmtCreate":1614759629709,"gmtModify":1703480718223,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"anyone needs like and comment?","listText":"anyone needs like and comment?","text":"anyone needs like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/365518607","repostId":"2116517635","repostType":4,"repost":{"id":"2116517635","kind":"news","pubTimestamp":1614758114,"share":"https://www.laohu8.com/m/news/2116517635?lang=zh_CN&edition=full","pubTime":"2021-03-03 15:55","market":"us","language":"en","title":"PayPal To Buy Cryptocurrency Custodian Curv: Report<blockquote>PayPal将收购加密货币托管机构Curv：报告</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2116517635","media":"Benzinga","summary":"PayPal Holdings Inc is purchasing Curv, a technology firm, engaged in the secure storage of Bitcoin ","content":"<p><div> PayPal Holdings Inc is purchasing Curv, a technology firm, engaged in the secure storage of Bitcoin (CRYPTO: BTC) and other cryptocurrencies, CoinDesk reported Tuesday.What Happened: Curv’s price tag ...</p><p><blockquote><div>据CoinDesk周二报道，PayPal控股公司正在收购Curv，这是一家从事比特币（CRYPTO：BTC）和其他加密货币安全存储的科技公司。发生了什么：Curv的价格标签...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/cryptocurrency/21/03/19975955/paypal-to-buy-cryptocurrency-custodian-curv-report\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/cryptocurrency/21/03/19975955/paypal-to-buy-cryptocurrency-custodian-curv-report\">网页连接</a></blockquote></p><p></p>","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>PayPal To Buy Cryptocurrency Custodian Curv: Report<blockquote>PayPal将收购加密货币托管机构Curv：报告</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayPal To Buy Cryptocurrency Custodian Curv: Report<blockquote>PayPal将收购加密货币托管机构Curv：报告</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-03-03 15:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> PayPal Holdings Inc is purchasing Curv, a technology firm, engaged in the secure storage of Bitcoin (CRYPTO: BTC) and other cryptocurrencies, CoinDesk reported Tuesday.What Happened: Curv’s price tag ...</p><p><blockquote><div>据CoinDesk周二报道，PayPal控股公司正在收购Curv，这是一家从事比特币（CRYPTO：BTC）和其他加密货币安全存储的科技公司。发生了什么：Curv的价格标签...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/cryptocurrency/21/03/19975955/paypal-to-buy-cryptocurrency-custodian-curv-report\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/cryptocurrency/21/03/19975955/paypal-to-buy-cryptocurrency-custodian-curv-report\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/03/19975955/paypal-to-buy-cryptocurrency-custodian-curv-report\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/TDVdkz4EQuctf4glXLPzLQ--~B/aD00MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/5W8BpBCOUaoKTQ6_hUjlNw--~B/aD00MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/ca1fb2ae3bed2ea16de82768c50821ba","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/03/19975955/paypal-to-buy-cryptocurrency-custodian-curv-report","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116517635","content_text":"PayPal Holdings Inc is purchasing Curv, a technology firm, engaged in the secure storage of Bitcoin (CRYPTO: BTC) and other cryptocurrencies, CoinDesk reported Tuesday.What Happened: Curv’s price tag was reportedly pegged at between $200 million and $300 million by local Israeli media, which did not name a buyer.“PayPal is buying Curv for $500 million,” a person from within the digital asset custody space told CoinDesk.Curv has raised $29.5 million in three funding rounds, as per Crunchbase. Investors include Franklin Templeton Investments, Team 8, and Coinbase Ventures.Why It Matters: The Peter Thiel-co-founded PayPal turned to Curv after talks centered on acquiring BitGo fell through last year, noted CoinDesk.PayPal began offering cryptocurrencies to its users in late October and partnered with New York-based Paxos’s iBit trading exchange, which saw a massive 500% spike in volumes thereafter in November.Last month, PayPal said its vision also extends to central bank digital currencies as well.Price Action: PayPal shares closed nearly 1.6% lower at $269.19 on Tuesday and rose 0.78% in the after-hours trading.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109452196,"gmtCreate":1619712325915,"gmtModify":1631889493090,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"turn red in 1st half smh","listText":"turn red in 1st half smh","text":"turn red in 1st half smh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/109452196","repostId":"1198510299","repostType":2,"isVote":1,"tweetType":1,"viewCount":2878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371282549,"gmtCreate":1618941942181,"gmtModify":1631889493098,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"Very Powerful M1","listText":"Very Powerful M1","text":"Very Powerful M1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/371282549","repostId":"2129784086","repostType":4,"repost":{"id":"2129784086","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618940403,"share":"https://www.laohu8.com/m/news/2129784086?lang=zh_CN&edition=full","pubTime":"2021-04-21 01:40","market":"us","language":"en","title":"Apple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple<blockquote>苹果推出令人惊叹的新紫色iPhone 12和iPhone 12 mini</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2129784086","media":"Tiger Newspress","summary":"Apple today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR displays with OLED for a brighter, more immersive viewing exper","content":"<p>Apple&nbsp;today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR™ displays with OLED for a brighter, more immersive viewing experience, and the Ceramic Shield™ front cover, providing the biggest jump in durability ever on iPhone. The Apple-designed A14 Bionic™ — the fastest chip in a smartphone — powers every experience on iPhone 12 while efficiently managing battery life. iPhone 12 models also bring the best 5G experience, and introduce high-powered wireless charging with MagSafe® and a new ecosystem of accessories that easily attach to iPhone.</p><p><blockquote>苹果今天为iPhone 12和iPhone 12 mini推出了全新的令人惊叹的紫色饰面。这种新颜色完美地突出了iPhone 12扁平的铝制边缘，与精密铣削的后玻璃颜色完美匹配。这两款机型都配备了先进的双摄像头系统，可提供强大的计算摄影功能和智能手机中最高质量的视频，并具有扩展的边缘到边缘Super Retina XDR™采用OLED和陶瓷屏蔽的显示屏可带来更明亮、更身临其境的观看体验™前盖，提供了iPhone有史以来最大的耐用性飞跃。苹果设计的A14 Bionic™–智能手机中最快的芯片–为iPhone 12上的每一种体验提供动力，同时高效管理电池寿命。iPhone 12机型也带来最佳5G体验，并引入MagSafe大功率无线充电®以及一个新的配件生态系统，可以轻松连接到iPhone上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9c448d2543bc9b1a9f524667974831f9\" tg-width=\"480\" tg-height=\"360\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>iPhone 12 and iPhone 12 mini in purple will be available for pre-order beginning Friday, April 23, with availability beginning Friday, April 30. Customers can also complement their iPhone with a new MagSafe Leather Case or Leather Sleeve in Deep Violet, a Silicone Case in Capri Blue, Pistachio, Cantaloupe, or Amethyst, or a Leather Wallet in Arizona, all available to order beginning today.</p><p><blockquote>紫色iPhone 12和iPhone 12 mini将于4月23日星期五开始接受预购，4月30日星期五开始发售。客户还可以为他们的iPhone配备新的深紫色MagSafe皮套或皮套，卡普里蓝、开心果、哈密瓜或紫水晶的硅胶套，或亚利桑那州的皮革钱包，所有这些都可以从今天开始订购。</blockquote></p><p>Apple Inc&nbsp;announced AirTags to find lost items and podcast subscription services that will compete with rival Spotify(SPOT.N)and also introduced an array of slim iMac computers in a variety of colors.</p><p><blockquote>苹果公司宣布推出AirTags来寻找丢失的物品和播客订阅服务，将与竞争对手Spotify(SPOT.N)竞争，并推出了一系列各种颜色的超薄iMac电脑。</blockquote></p><p><img src=\"https://static.tigerbbs.com/49de8d6362ac5cea990b248f37bc7398\" tg-width=\"1522\" tg-height=\"835\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>AirTags will cost $29 each or four for $99 and will be available starting 8 a.m. ET (1200 GMT) on April 30. Podcast subscription prices will be set by creators and billed monthly, Apple said. Apple will charge creators $19.99 per year for its podcast program.</p><p><blockquote>AirTags每个售价29美元，四个售价99美元，将于美国东部时间4月30日上午8点（格林威治标准时间1200点）开始发售。苹果说，播客订阅价格将由创作者设定并按月计费。苹果将向创作者收取每年19.99美元的播客节目费用。</blockquote></p><p>Apple introduced a thinner version of its iMac computer that uses its house-designed central processor unit and comes in seven colors, including purple and green. With a 24-inch (61-cm) display, the iMacs are just 11.5 millimeters thick.The iMac will start at $1,299.</p><p><blockquote>苹果推出了iMac电脑的更薄版本，使用其内部设计的中央处理器，有七种颜色，包括紫色和绿色。iMac的显示屏为24英寸（61厘米），厚度仅为11.5毫米。iMac的起价为1299美元。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4ab1f95890c11cb28657d58a7fedd1d0\" tg-width=\"1510\" tg-height=\"849\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple introduced new iPad Pros that use the same M1 chip as its computers, rather than a beefed up version of its iPhone chips, and additional ports for connecting monitors and 5G connectivity, aiming the device at content creators looking for a mobile device. The company also said that controllers from Sony's PlayStation and Microsoft's Xbox would work with the iPad Pro, targeting gamers with the new device's speed and display.</p><p><blockquote>苹果推出了新的iPad Pro，它使用与其电脑相同的M1芯片，而不是iPhone芯片的增强版，并增加了用于连接显示器和5G连接的端口，将该设备瞄准了寻找移动设备的内容创作者。该公司还表示，索尼PlayStation和微软Xbox的控制器将与iPad Pro配合使用，以新设备的速度和显示屏瞄准游戏玩家。</blockquote></p><p>Apple also updated its Apple TV set top box with better color output and a faster processor chip. The new Apple TV 4K will also let users improve a TV's picture by using light sensors on the iPhone.</p><p><blockquote>苹果还更新了其苹果电视机顶盒，具有更好的色彩输出和更快的处理器芯片。新的苹果电视4K还将让用户通过使用iPhone上的光传感器来改善电视的画面。</blockquote></p><p><img src=\"https://static.tigerbbs.com/80299365d94ead288ef8026cb9584d4c\" tg-width=\"1167\" tg-height=\"685\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple said that spouses and partners would be able to share and merge credit lines with its Apple Card, which CEO Tim Cook described as an important step toward making it easier for people to build their credit scores.</p><p><blockquote>苹果表示，配偶和伴侣将能够与其苹果卡共享和合并信用额度，首席执行官Tim Cook称这是让人们更容易建立信用评分的重要一步。</blockquote></p><p>Apple's launch did not mention iCar related issues.</p><p><blockquote>苹果的发布会并未提及iCar相关问题。</blockquote></p><p>Apple shares have risen nearly 95% over the past year, faster than the 63% rise in the Nasdaq Composite Index, thanks to a record $274.5 billion in sales for fiscal 2020 as consumers stocked up on electronics during the pandemic. Apple shares were down 1.5%.</p><p><blockquote>苹果股价在过去一年上涨了近95%，快于纳斯达克综合指数63%的涨幅，这得益于消费者在疫情期间囤积电子产品，2020财年销售额达到创纪录的2745亿美元。苹果股价下跌1.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/771b46ec0e4dc774e9295a821f897bf4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Macs and iPads accounted for $52.3 billion during its fiscal 2020.</p><p><blockquote>2020财年，Mac和iPad的销售额为523亿美元。</blockquote></p><p>“The Pro iPads are not the volume sellers, but they blur the line between Mac and iPad. How Apple differentiates between the iPad Pro and the Mac will be very interesting to watch,\" Ben Bajarin, principal analyst for consumer market intelligence at Creative Strategies.</p><p><blockquote>Creative Strategies消费者市场情报首席分析师Ben Bajarin表示：“Pro iPad不是销量最大的产品，但它们模糊了Mac和iPad之间的界限。苹果如何区分iPad Pro和Mac将非常有趣。”</blockquote></p><p>The AirTag announcement could result in a new round of complaints to lawmakers that Apple is hurting smaller rivals. Tile, a startup that has sold a competing tracker for nearly a decade, last year testified before the U.S. House of Representatives that Apple's App Store rules had made it harder to use Tile's products and will be called before the U.S. Senate to testify on Wednesday.read more</p><p><blockquote>AirTag的宣布可能会导致立法者对苹果正在伤害规模较小的竞争对手的新一轮投诉。Tile是一家销售竞争追踪器近十年的初创公司，去年在美国众议院作证称，苹果的应用商店规则使使用Tile的产品变得更加困难，并将在美国被传唤。参议院将于周三作证。阅读更多</blockquote></p><p>Apple has said it subjects all apps, including its own, to the same App Store review rules.</p><p><blockquote>苹果表示，它将所有应用程序，包括自己的应用程序，都遵守相同的应用程序商店审查规则。</blockquote></p><p></p><p>Bob O'Donnell, head of TECHnalysis Research, said he does not believe the trackers will become a big business on their own. \"Because they are so late to this, it might not be that much different than when Apple got into set top boxes like Apple TV. They’re a player. They’re there, but they're not huge,\" he said.</p><p><blockquote>TECHnalysis Research负责人Bob O’Donnell表示，他不相信追踪器本身会成为一项大业务。“因为他们做得太晚了，这可能与苹果进入苹果电视等机顶盒时没有太大区别。他们是一个玩家。他们在那里，但他们并不庞大，”他说。</blockquote></p><p>But Bajarin said the trackers could keep people tied to their iPhones if they rely on them to find items like keys and wallets.</p><p><blockquote>但Bajarin表示，如果人们依靠追踪器来寻找钥匙和钱包等物品，追踪器可能会让他们与iPhone联系在一起。</blockquote></p><p>“The more you buy into just one hardware product, the less likely it is you’ll ever leave,” Bajarin said.</p><p><blockquote>“你购买的一种硬件产品越多，你离开的可能性就越小，”巴加林说。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple<blockquote>苹果推出令人惊叹的新紫色iPhone 12和iPhone 12 mini</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Introduces iPhone 12 and iPhone 12 mini in a Stunning New Purple<blockquote>苹果推出令人惊叹的新紫色iPhone 12和iPhone 12 mini</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-21 01:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple&nbsp;today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR™ displays with OLED for a brighter, more immersive viewing experience, and the Ceramic Shield™ front cover, providing the biggest jump in durability ever on iPhone. The Apple-designed A14 Bionic™ — the fastest chip in a smartphone — powers every experience on iPhone 12 while efficiently managing battery life. iPhone 12 models also bring the best 5G experience, and introduce high-powered wireless charging with MagSafe® and a new ecosystem of accessories that easily attach to iPhone.</p><p><blockquote>苹果今天为iPhone 12和iPhone 12 mini推出了全新的令人惊叹的紫色饰面。这种新颜色完美地突出了iPhone 12扁平的铝制边缘，与精密铣削的后玻璃颜色完美匹配。这两款机型都配备了先进的双摄像头系统，可提供强大的计算摄影功能和智能手机中最高质量的视频，并具有扩展的边缘到边缘Super Retina XDR™采用OLED和陶瓷屏蔽的显示屏可带来更明亮、更身临其境的观看体验™前盖，提供了iPhone有史以来最大的耐用性飞跃。苹果设计的A14 Bionic™–智能手机中最快的芯片–为iPhone 12上的每一种体验提供动力，同时高效管理电池寿命。iPhone 12机型也带来最佳5G体验，并引入MagSafe大功率无线充电®以及一个新的配件生态系统，可以轻松连接到iPhone上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9c448d2543bc9b1a9f524667974831f9\" tg-width=\"480\" tg-height=\"360\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>iPhone 12 and iPhone 12 mini in purple will be available for pre-order beginning Friday, April 23, with availability beginning Friday, April 30. Customers can also complement their iPhone with a new MagSafe Leather Case or Leather Sleeve in Deep Violet, a Silicone Case in Capri Blue, Pistachio, Cantaloupe, or Amethyst, or a Leather Wallet in Arizona, all available to order beginning today.</p><p><blockquote>紫色iPhone 12和iPhone 12 mini将于4月23日星期五开始接受预购，4月30日星期五开始发售。客户还可以为他们的iPhone配备新的深紫色MagSafe皮套或皮套，卡普里蓝、开心果、哈密瓜或紫水晶的硅胶套，或亚利桑那州的皮革钱包，所有这些都可以从今天开始订购。</blockquote></p><p>Apple Inc&nbsp;announced AirTags to find lost items and podcast subscription services that will compete with rival Spotify(SPOT.N)and also introduced an array of slim iMac computers in a variety of colors.</p><p><blockquote>苹果公司宣布推出AirTags来寻找丢失的物品和播客订阅服务，将与竞争对手Spotify(SPOT.N)竞争，并推出了一系列各种颜色的超薄iMac电脑。</blockquote></p><p><img src=\"https://static.tigerbbs.com/49de8d6362ac5cea990b248f37bc7398\" tg-width=\"1522\" tg-height=\"835\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>AirTags will cost $29 each or four for $99 and will be available starting 8 a.m. ET (1200 GMT) on April 30. Podcast subscription prices will be set by creators and billed monthly, Apple said. Apple will charge creators $19.99 per year for its podcast program.</p><p><blockquote>AirTags每个售价29美元，四个售价99美元，将于美国东部时间4月30日上午8点（格林威治标准时间1200点）开始发售。苹果说，播客订阅价格将由创作者设定并按月计费。苹果将向创作者收取每年19.99美元的播客节目费用。</blockquote></p><p>Apple introduced a thinner version of its iMac computer that uses its house-designed central processor unit and comes in seven colors, including purple and green. With a 24-inch (61-cm) display, the iMacs are just 11.5 millimeters thick.The iMac will start at $1,299.</p><p><blockquote>苹果推出了iMac电脑的更薄版本，使用其内部设计的中央处理器，有七种颜色，包括紫色和绿色。iMac的显示屏为24英寸（61厘米），厚度仅为11.5毫米。iMac的起价为1299美元。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4ab1f95890c11cb28657d58a7fedd1d0\" tg-width=\"1510\" tg-height=\"849\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple introduced new iPad Pros that use the same M1 chip as its computers, rather than a beefed up version of its iPhone chips, and additional ports for connecting monitors and 5G connectivity, aiming the device at content creators looking for a mobile device. The company also said that controllers from Sony's PlayStation and Microsoft's Xbox would work with the iPad Pro, targeting gamers with the new device's speed and display.</p><p><blockquote>苹果推出了新的iPad Pro，它使用与其电脑相同的M1芯片，而不是iPhone芯片的增强版，并增加了用于连接显示器和5G连接的端口，将该设备瞄准了寻找移动设备的内容创作者。该公司还表示，索尼PlayStation和微软Xbox的控制器将与iPad Pro配合使用，以新设备的速度和显示屏瞄准游戏玩家。</blockquote></p><p>Apple also updated its Apple TV set top box with better color output and a faster processor chip. The new Apple TV 4K will also let users improve a TV's picture by using light sensors on the iPhone.</p><p><blockquote>苹果还更新了其苹果电视机顶盒，具有更好的色彩输出和更快的处理器芯片。新的苹果电视4K还将让用户通过使用iPhone上的光传感器来改善电视的画面。</blockquote></p><p><img src=\"https://static.tigerbbs.com/80299365d94ead288ef8026cb9584d4c\" tg-width=\"1167\" tg-height=\"685\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple said that spouses and partners would be able to share and merge credit lines with its Apple Card, which CEO Tim Cook described as an important step toward making it easier for people to build their credit scores.</p><p><blockquote>苹果表示，配偶和伴侣将能够与其苹果卡共享和合并信用额度，首席执行官Tim Cook称这是让人们更容易建立信用评分的重要一步。</blockquote></p><p>Apple's launch did not mention iCar related issues.</p><p><blockquote>苹果的发布会并未提及iCar相关问题。</blockquote></p><p>Apple shares have risen nearly 95% over the past year, faster than the 63% rise in the Nasdaq Composite Index, thanks to a record $274.5 billion in sales for fiscal 2020 as consumers stocked up on electronics during the pandemic. Apple shares were down 1.5%.</p><p><blockquote>苹果股价在过去一年上涨了近95%，快于纳斯达克综合指数63%的涨幅，这得益于消费者在疫情期间囤积电子产品，2020财年销售额达到创纪录的2745亿美元。苹果股价下跌1.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/771b46ec0e4dc774e9295a821f897bf4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Macs and iPads accounted for $52.3 billion during its fiscal 2020.</p><p><blockquote>2020财年，Mac和iPad的销售额为523亿美元。</blockquote></p><p>“The Pro iPads are not the volume sellers, but they blur the line between Mac and iPad. How Apple differentiates between the iPad Pro and the Mac will be very interesting to watch,\" Ben Bajarin, principal analyst for consumer market intelligence at Creative Strategies.</p><p><blockquote>Creative Strategies消费者市场情报首席分析师Ben Bajarin表示：“Pro iPad不是销量最大的产品，但它们模糊了Mac和iPad之间的界限。苹果如何区分iPad Pro和Mac将非常有趣。”</blockquote></p><p>The AirTag announcement could result in a new round of complaints to lawmakers that Apple is hurting smaller rivals. Tile, a startup that has sold a competing tracker for nearly a decade, last year testified before the U.S. House of Representatives that Apple's App Store rules had made it harder to use Tile's products and will be called before the U.S. Senate to testify on Wednesday.read more</p><p><blockquote>AirTag的宣布可能会导致立法者对苹果正在伤害规模较小的竞争对手的新一轮投诉。Tile是一家销售竞争追踪器近十年的初创公司，去年在美国众议院作证称，苹果的应用商店规则使使用Tile的产品变得更加困难，并将在美国被传唤。参议院将于周三作证。阅读更多</blockquote></p><p>Apple has said it subjects all apps, including its own, to the same App Store review rules.</p><p><blockquote>苹果表示，它将所有应用程序，包括自己的应用程序，都遵守相同的应用程序商店审查规则。</blockquote></p><p></p><p>Bob O'Donnell, head of TECHnalysis Research, said he does not believe the trackers will become a big business on their own. \"Because they are so late to this, it might not be that much different than when Apple got into set top boxes like Apple TV. They’re a player. They’re there, but they're not huge,\" he said.</p><p><blockquote>TECHnalysis Research负责人Bob O’Donnell表示，他不相信追踪器本身会成为一项大业务。“因为他们做得太晚了，这可能与苹果进入苹果电视等机顶盒时没有太大区别。他们是一个玩家。他们在那里，但他们并不庞大，”他说。</blockquote></p><p>But Bajarin said the trackers could keep people tied to their iPhones if they rely on them to find items like keys and wallets.</p><p><blockquote>但Bajarin表示，如果人们依靠追踪器来寻找钥匙和钱包等物品，追踪器可能会让他们与iPhone联系在一起。</blockquote></p><p>“The more you buy into just one hardware product, the less likely it is you’ll ever leave,” Bajarin said.</p><p><blockquote>“你购买的一种硬件产品越多，你离开的可能性就越小，”巴加林说。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129784086","content_text":"Apple today unveiled an all-new stunning purple finish for iPhone 12 and iPhone 12 mini. This new color beautifully accentuates the flat aluminum edges of iPhone 12, which are perfectly color-matched to the precision-milled back glass. Both models feature an advanced dual-camera system that delivers powerful computational photography features and the highest-quality video in a smartphone, with expansive edge-to-edge Super Retina XDR™ displays with OLED for a brighter, more immersive viewing experience, and the Ceramic Shield™ front cover, providing the biggest jump in durability ever on iPhone. The Apple-designed A14 Bionic™ — the fastest chip in a smartphone — powers every experience on iPhone 12 while efficiently managing battery life. iPhone 12 models also bring the best 5G experience, and introduce high-powered wireless charging with MagSafe® and a new ecosystem of accessories that easily attach to iPhone.iPhone 12 and iPhone 12 mini in purple will be available for pre-order beginning Friday, April 23, with availability beginning Friday, April 30. Customers can also complement their iPhone with a new MagSafe Leather Case or Leather Sleeve in Deep Violet, a Silicone Case in Capri Blue, Pistachio, Cantaloupe, or Amethyst, or a Leather Wallet in Arizona, all available to order beginning today.Apple Inc announced AirTags to find lost items and podcast subscription services that will compete with rival Spotify(SPOT.N)and also introduced an array of slim iMac computers in a variety of colors.AirTags will cost $29 each or four for $99 and will be available starting 8 a.m. ET (1200 GMT) on April 30. Podcast subscription prices will be set by creators and billed monthly, Apple said. Apple will charge creators $19.99 per year for its podcast program.Apple introduced a thinner version of its iMac computer that uses its house-designed central processor unit and comes in seven colors, including purple and green. With a 24-inch (61-cm) display, the iMacs are just 11.5 millimeters thick.The iMac will start at $1,299.Apple introduced new iPad Pros that use the same M1 chip as its computers, rather than a beefed up version of its iPhone chips, and additional ports for connecting monitors and 5G connectivity, aiming the device at content creators looking for a mobile device. The company also said that controllers from Sony's PlayStation and Microsoft's Xbox would work with the iPad Pro, targeting gamers with the new device's speed and display.Apple also updated its Apple TV set top box with better color output and a faster processor chip. The new Apple TV 4K will also let users improve a TV's picture by using light sensors on the iPhone.Apple said that spouses and partners would be able to share and merge credit lines with its Apple Card, which CEO Tim Cook described as an important step toward making it easier for people to build their credit scores.Apple's launch did not mention iCar related issues.Apple shares have risen nearly 95% over the past year, faster than the 63% rise in the Nasdaq Composite Index, thanks to a record $274.5 billion in sales for fiscal 2020 as consumers stocked up on electronics during the pandemic. Apple shares were down 1.5%.Macs and iPads accounted for $52.3 billion during its fiscal 2020.“The Pro iPads are not the volume sellers, but they blur the line between Mac and iPad. How Apple differentiates between the iPad Pro and the Mac will be very interesting to watch,\" Ben Bajarin, principal analyst for consumer market intelligence at Creative Strategies.The AirTag announcement could result in a new round of complaints to lawmakers that Apple is hurting smaller rivals. Tile, a startup that has sold a competing tracker for nearly a decade, last year testified before the U.S. House of Representatives that Apple's App Store rules had made it harder to use Tile's products and will be called before the U.S. Senate to testify on Wednesday.read moreApple has said it subjects all apps, including its own, to the same App Store review rules.Bob O'Donnell, head of TECHnalysis Research, said he does not believe the trackers will become a big business on their own. \"Because they are so late to this, it might not be that much different than when Apple got into set top boxes like Apple TV. They’re a player. They’re there, but they're not huge,\" he said.But Bajarin said the trackers could keep people tied to their iPhones if they rely on them to find items like keys and wallets.“The more you buy into just one hardware product, the less likely it is you’ll ever leave,” Bajarin said.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360699553,"gmtCreate":1613896730472,"gmtModify":1634551916378,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"i need wonderful comment thanks 😊&nbsp;","listText":"i need wonderful comment thanks 😊&nbsp;","text":"i need wonderful comment thanks 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/360699553","repostId":"1143100356","repostType":4,"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384896115,"gmtCreate":1613635676937,"gmtModify":1634552854431,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"do we have to repeat these&nbsp;like, comment, share everyday?😅","listText":"do we have to repeat these&nbsp;like, comment, share everyday?😅","text":"do we have to repeat these like, comment, share everyday?😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/384896115","repostId":"1159489688","repostType":4,"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125003759,"gmtCreate":1624635248071,"gmtModify":1631889493050,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"30% app&nbsp;store fee is hefty!!But….&nbsp;why developers still paying? 😄","listText":"30% app&nbsp;store fee is hefty!!But….&nbsp;why developers still paying? 😄","text":"30% app store fee is hefty!!But…. why developers still paying? 😄","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/125003759","repostId":"2146023165","repostType":4,"isVote":1,"tweetType":1,"viewCount":2266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191536973,"gmtCreate":1620887653892,"gmtModify":1631889493061,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576472032670521","idStr":"3576472032670521"},"themes":[],"htmlText":"bitcoin dropped to $46k&nbsp;A powerful&nbsp;person is also&nbsp;a dangerous&nbsp;person","listText":"bitcoin dropped to $46k&nbsp;A powerful&nbsp;person is also&nbsp;a dangerous&nbsp;person","text":"bitcoin dropped to $46k A powerful person is also a dangerous person","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/191536973","repostId":"1123539919","repostType":4,"isVote":1,"tweetType":1,"viewCount":1861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}