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Milankaka
2021-12-16
Ok first time posting
Milankaka
2021-10-01
Ok
抱歉,原内容已删除
Milankaka
2021-09-29
Ok
抱歉,原内容已删除
Milankaka
2021-09-15
Ok
抱歉,原内容已删除
Milankaka
2021-09-09
Yes
抱歉,原内容已删除
Milankaka
2021-07-17
Ok
抱歉,原内容已删除
Milankaka
2021-07-16
Ok
抱歉,原内容已删除
Milankaka
2021-06-29
Not bad, still have bonus after suffering so much loss from Archegos case.
抱歉,原内容已删除
Milankaka
2021-06-23
Yes
抱歉,原内容已删除
Milankaka
2021-06-18
Ok
抱歉,原内容已删除
Milankaka
2021-06-18
Ok
抱歉,原内容已删除
Milankaka
2021-06-18
$150 soon!
抱歉,原内容已删除
Milankaka
2021-06-18
Buy more
抱歉,原内容已删除
Milankaka
2021-06-17
Why avoid when you can make a lot of money?
抱歉,原内容已删除
Milankaka
2021-06-17
Buy these 10 stocks so you can be the mini Warren Buffet
抱歉,原内容已删除
Milankaka
2021-06-16
Ok
抱歉,原内容已删除
Milankaka
2021-06-16
Still some distance from ATH
2 Reasons Netflix Will Win Its Merchandising Gambit<blockquote>Netflix赢得营销策略的2个原因</blockquote>
Milankaka
2021-06-15
Meme stock everytime!
Apple: Meme Stocks Or Apple, I Choose Apple Every Time<blockquote>苹果:模因股还是苹果,我每次都选苹果</blockquote>
Milankaka
2021-06-15
Buy and hold! Lambo waiting for u
AMC Shorts Get Smoked Again And Options Traders Hammer Calls<blockquote>AMC空头再次被吸走,期权交易员重创评级</blockquote>
Milankaka
2021-06-14
Both
Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?<blockquote>Palantir与C3.ai:哪个是更好的人工智能股票?</blockquote>
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bad, still have bonus after suffering so much loss from Archegos case.","listText":"Not bad, still have bonus after suffering so much loss from Archegos case.","text":"Not bad, still have bonus after suffering so much loss from Archegos case.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/159954158","repostId":"2147551855","repostType":4,"isVote":1,"tweetType":1,"viewCount":2993,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123690287,"gmtCreate":1624419207049,"gmtModify":1631890801057,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123690287","repostId":"2145664330","repostType":4,"isVote":1,"tweetType":1,"viewCount":2935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166916873,"gmtCreate":1623987780792,"gmtModify":1631892488321,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166916873","repostId":"2144286417","repostType":4,"isVote":1,"tweetType":1,"viewCount":2692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166918712,"gmtCreate":1623987764436,"gmtModify":1631892488323,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166918712","repostId":"2144286417","repostType":4,"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166937129,"gmtCreate":1623987605961,"gmtModify":1631892488328,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"$150 soon!","listText":"$150 soon!","text":"$150 soon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166937129","repostId":"1140460323","repostType":4,"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166933109,"gmtCreate":1623987412501,"gmtModify":1631892488330,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Buy more","listText":"Buy more","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166933109","repostId":"2144747476","repostType":4,"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161612112,"gmtCreate":1623921996636,"gmtModify":1631892488333,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Why avoid when you can make a lot of money?","listText":"Why avoid when you can make a lot of money?","text":"Why avoid when you can make a lot of money?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/161612112","repostId":"2143979397","repostType":4,"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161977672,"gmtCreate":1623903296896,"gmtModify":1634026079657,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Buy these 10 stocks so you can be the mini Warren Buffet","listText":"Buy these 10 stocks so you can be the mini Warren Buffet","text":"Buy these 10 stocks so you can be the mini Warren Buffet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/161977672","repostId":"2143379379","repostType":4,"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169896874,"gmtCreate":1623825866298,"gmtModify":1634027495336,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/169896874","repostId":"1182315358","repostType":4,"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169327295,"gmtCreate":1623818106917,"gmtModify":1634027610811,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Still some distance from ATH","listText":"Still some distance from ATH","text":"Still some distance from ATH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/169327295","repostId":"1137428482","repostType":4,"repost":{"id":"1137428482","kind":"news","pubTimestamp":1623815725,"share":"https://www.laohu8.com/m/news/1137428482?lang=zh_CN&edition=full","pubTime":"2021-06-16 11:55","market":"us","language":"en","title":"2 Reasons Netflix Will Win Its Merchandising Gambit<blockquote>Netflix赢得营销策略的2个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137428482","media":"Motley Fool","summary":"The leading premium streaming video service has an online store. It's bigger than you think.","content":"<p>It's easy to be skeptical about last week's launch of <b>Netflix</b>'s(NASDAQ:NFLX) online merch store. The new platform -- available via Netflix.shop-- is limited to selling T-shirts and hoodies themed to its<i>Yasuke</i>and<i>Eden</i>anime. It's just designer streetwear right now, and it's not cheap. T-shirts range in price from $30 to $45. Hypland's Yasuke hoodie is going to set you back a beefy $82, or nearly half a year of a Netflix subscription.</p><p><blockquote>人们很容易对上周推出的<b>Netflix</b>(纳斯达克:NFLX)在线merch商店。这个新平台可通过Netflix.shop购买,仅限于销售以其品牌为主题的T恤和帽衫<i>安介</i>和<i>伊甸园</i>动漫。现在只是设计师的街头服饰,而且不便宜。T恤的价格从30美元到45美元不等。Hypland的Yasuke连帽衫将花费你高达82美元,相当于网飞订阅近半年的费用。</blockquote></p><p> However, you may want to think twice before you dismiss the leading premium video service's chances here. There are some good reasons to bet on Netflix's latest move. Let's check them out.</p><p><blockquote>然而,在你放弃领先的优质视频服务的机会之前,你可能要三思。有一些充分的理由押注Netflix的最新举措。我们去看看。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/434a5606f0aa105dc2200617936db7bd\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>1. Netflix is just getting started</b></p><p><blockquote><b>1.Netflix才刚刚起步</b></blockquote></p><p> This is obviously just the opening act of Netflix.shop. You can get third-party -- admittedly unlicensed -- shirts for a lot less elsewhere. It will be harder to duplicate the<i>Yasuke</i>and<i>Eden</i>action figures that Netflix is promising will roll out later this month.</p><p><blockquote>这显然只是Netflix.shop的开场表演。你可以在其他地方以更低的价格买到第三方的——不可否认的——衬衫。将更难复制<i>安介</i>和<i>伊甸园</i>网飞承诺的活动人偶将于本月晚些时候推出。</blockquote></p><p> Limited-edition apparel and decor inspired by<i>Lupin</i>-- with the second season just dropping into your Netflix queue -- will hit the digital storefront this month. Last week's launch also teased upcoming exclusive<i>Stranger Things</i>and<i>The Witcher</i>product lines. Reports also have Netflix working on a<i>Bridgerton</i>clothing line alongside live events. And Fans of<i>La Casa de Papel</i>-- aka<i>Money Heist</i>-- should be on the lookout for proprietary merch.</p><p><blockquote>限量版服装和装饰灵感来自<i>鲁邦</i>——第二季刚刚进入Netflix队列——将于本月登陆数字店面。上周的发布还预告了即将推出的独家<i>奇怪的事情</i>和<i>巫师</i>产品线。有报道称Netflix正在开发一款<i>布里奇顿</i>现场活动旁边的服装系列。和粉丝<i>纸屋</i>——阿卡<i>金钱抢劫</i>--应该留意专有商品。</blockquote></p><p> Don't judge Netflix's new foray into the e-tail of physical merch based on what you see on today's landing page. The store will get bigger, and you'll get there once they roll around to paddling a new revenue stream based on one of your favorite shows.</p><p><blockquote>不要根据你在今天的登陆页面上看到的来判断网飞对实体商品电子零售的新尝试。商店会变得更大,一旦他们根据你最喜欢的节目之一获得新的收入来源,你就会到达那里。</blockquote></p><p> <b>2. Never underestimate the Netflix audience</b></p><p><blockquote><b>2.永远不要低估Netflix的观众</b></blockquote></p><p> It's not smart to bet against Netflix. It doesn't make a move unless it has thoroughly thought things through. How many times were we asking Netflix to rent video games by mail during its red envelope days? How many analysts have wondered about the money that Netflix could rake in it if sold ads on top of its streams in this era of rising connected-TV rates?</p><p><blockquote>做空Netflix是不明智的。除非它把事情想透了,否则它不会采取行动。在网飞红包的日子里,我们有多少次通过邮件要求它租电子游戏?有多少分析师想知道,在这个联网电视费率不断上涨的时代,如果Netflix在其流媒体上销售广告,它能赚多少钱?</blockquote></p><p> Netflix is way smarter than me. It may also be smarter than you when it comes to how it runs its business. Bloomberg is reporting that Netflix is in the process of hiring heads of consumer products, podcasts, and video game businesses that don't currently exist. If they see the light of day -- as we're seeing with consumer product -- it's because the company knows what it's doing.</p><p><blockquote>网飞比我聪明多了。在如何经营业务方面,它也可能比你更聪明。彭博社报道称,Netflix正在招聘目前尚不存在的消费产品、播客和视频游戏业务的负责人。如果他们看到了曙光——就像我们在消费品上看到的那样——那是因为公司知道自己在做什么。</blockquote></p><p> Netflix had 207.6 million subscribersat the end of March, and we're talking about entire families here. The reach and breadth is larger than the account base. It's a captive audience spending hours a day getting lost in Netflix's growing digital catalog of content.</p><p><blockquote>截至3月底,Netflix拥有2.076亿用户,我们在这里谈论的是整个家庭。触角和广度大于账户基数。这是一群被俘虏的观众,他们每天花几个小时迷失在网飞不断增长的数字内容目录中。</blockquote></p><p> Folks trust Netflix to get it right. They stick around, even if it means prices keep moving higher. Netflix has increased its monthly rates in the U.S.five times over the last seven years, and the sub count is always higher by the time the next hike rolls around.</p><p><blockquote>人们相信网飞会把事情做好。他们会留下来,即使这意味着价格继续走高。在过去的七年里,Netflix在美国提高了五次月费率,而在下一次加息到来时,子计数总是更高。</blockquote></p><p> Netflix is a media stock. It's not a surprise that traditional media behemoths are generating significant sums of incremental revenue through vibrant consumer product sales. Why wouldn't Netflix -- a company that's been collecting gobs of data on your viewing habits for years -- be as good at nailing what you'll want to buy next as it is at knowing what you want to view next? We may never see a theme park, though I would be the first in line through the turnstiles of Netflixlandia to ride the<i>Ozark</i>roller coaster or experience the<i>Stranger Things</i>dark ride. Selling unique merch to an engaged audience will be a lot easier, and unlike that<i>Ozark</i>coaster there are no height requirements or seat restraints to keep you from making the most of the consumer products ride.</p><p><blockquote>Netflix是一只媒体股票。传统媒体巨头通过充满活力的消费品销售创造了大量增量收入,这并不奇怪。为什么Netflix——一家多年来一直在收集大量关于你观看习惯的数据的公司——不能像知道你下一步想看什么一样擅长确定你下一步想买什么呢?我们可能永远不会看到主题公园,尽管我会是第一个通过Netflixlandia十字转门排队乘坐主题公园的人<i>欧扎克</i>过山车或体验<i>奇怪的事情</i>黑暗之旅。向积极参与的受众销售独特的商品会容易得多,与此不同<i>欧扎克</i>过山车没有高度要求或座位限制来阻止你充分利用消费品。</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>2 Reasons Netflix Will Win Its Merchandising Gambit<blockquote>Netflix赢得营销策略的2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\">\n2 Reasons Netflix Will Win Its Merchandising Gambit<blockquote>Netflix赢得营销策略的2个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-06-16 11:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It's easy to be skeptical about last week's launch of <b>Netflix</b>'s(NASDAQ:NFLX) online merch store. The new platform -- available via Netflix.shop-- is limited to selling T-shirts and hoodies themed to its<i>Yasuke</i>and<i>Eden</i>anime. It's just designer streetwear right now, and it's not cheap. T-shirts range in price from $30 to $45. Hypland's Yasuke hoodie is going to set you back a beefy $82, or nearly half a year of a Netflix subscription.</p><p><blockquote>人们很容易对上周推出的<b>Netflix</b>(纳斯达克:NFLX)在线merch商店。这个新平台可通过Netflix.shop购买,仅限于销售以其品牌为主题的T恤和帽衫<i>安介</i>和<i>伊甸园</i>动漫。现在只是设计师的街头服饰,而且不便宜。T恤的价格从30美元到45美元不等。Hypland的Yasuke连帽衫将花费你高达82美元,相当于网飞订阅近半年的费用。</blockquote></p><p> However, you may want to think twice before you dismiss the leading premium video service's chances here. There are some good reasons to bet on Netflix's latest move. Let's check them out.</p><p><blockquote>然而,在你放弃领先的优质视频服务的机会之前,你可能要三思。有一些充分的理由押注Netflix的最新举措。我们去看看。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/434a5606f0aa105dc2200617936db7bd\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>1. Netflix is just getting started</b></p><p><blockquote><b>1.Netflix才刚刚起步</b></blockquote></p><p> This is obviously just the opening act of Netflix.shop. You can get third-party -- admittedly unlicensed -- shirts for a lot less elsewhere. It will be harder to duplicate the<i>Yasuke</i>and<i>Eden</i>action figures that Netflix is promising will roll out later this month.</p><p><blockquote>这显然只是Netflix.shop的开场表演。你可以在其他地方以更低的价格买到第三方的——不可否认的——衬衫。将更难复制<i>安介</i>和<i>伊甸园</i>网飞承诺的活动人偶将于本月晚些时候推出。</blockquote></p><p> Limited-edition apparel and decor inspired by<i>Lupin</i>-- with the second season just dropping into your Netflix queue -- will hit the digital storefront this month. Last week's launch also teased upcoming exclusive<i>Stranger Things</i>and<i>The Witcher</i>product lines. Reports also have Netflix working on a<i>Bridgerton</i>clothing line alongside live events. And Fans of<i>La Casa de Papel</i>-- aka<i>Money Heist</i>-- should be on the lookout for proprietary merch.</p><p><blockquote>限量版服装和装饰灵感来自<i>鲁邦</i>——第二季刚刚进入Netflix队列——将于本月登陆数字店面。上周的发布还预告了即将推出的独家<i>奇怪的事情</i>和<i>巫师</i>产品线。有报道称Netflix正在开发一款<i>布里奇顿</i>现场活动旁边的服装系列。和粉丝<i>纸屋</i>——阿卡<i>金钱抢劫</i>--应该留意专有商品。</blockquote></p><p> Don't judge Netflix's new foray into the e-tail of physical merch based on what you see on today's landing page. The store will get bigger, and you'll get there once they roll around to paddling a new revenue stream based on one of your favorite shows.</p><p><blockquote>不要根据你在今天的登陆页面上看到的来判断网飞对实体商品电子零售的新尝试。商店会变得更大,一旦他们根据你最喜欢的节目之一获得新的收入来源,你就会到达那里。</blockquote></p><p> <b>2. Never underestimate the Netflix audience</b></p><p><blockquote><b>2.永远不要低估Netflix的观众</b></blockquote></p><p> It's not smart to bet against Netflix. It doesn't make a move unless it has thoroughly thought things through. How many times were we asking Netflix to rent video games by mail during its red envelope days? How many analysts have wondered about the money that Netflix could rake in it if sold ads on top of its streams in this era of rising connected-TV rates?</p><p><blockquote>做空Netflix是不明智的。除非它把事情想透了,否则它不会采取行动。在网飞红包的日子里,我们有多少次通过邮件要求它租电子游戏?有多少分析师想知道,在这个联网电视费率不断上涨的时代,如果Netflix在其流媒体上销售广告,它能赚多少钱?</blockquote></p><p> Netflix is way smarter than me. It may also be smarter than you when it comes to how it runs its business. Bloomberg is reporting that Netflix is in the process of hiring heads of consumer products, podcasts, and video game businesses that don't currently exist. If they see the light of day -- as we're seeing with consumer product -- it's because the company knows what it's doing.</p><p><blockquote>网飞比我聪明多了。在如何经营业务方面,它也可能比你更聪明。彭博社报道称,Netflix正在招聘目前尚不存在的消费产品、播客和视频游戏业务的负责人。如果他们看到了曙光——就像我们在消费品上看到的那样——那是因为公司知道自己在做什么。</blockquote></p><p> Netflix had 207.6 million subscribersat the end of March, and we're talking about entire families here. The reach and breadth is larger than the account base. It's a captive audience spending hours a day getting lost in Netflix's growing digital catalog of content.</p><p><blockquote>截至3月底,Netflix拥有2.076亿用户,我们在这里谈论的是整个家庭。触角和广度大于账户基数。这是一群被俘虏的观众,他们每天花几个小时迷失在网飞不断增长的数字内容目录中。</blockquote></p><p> Folks trust Netflix to get it right. They stick around, even if it means prices keep moving higher. Netflix has increased its monthly rates in the U.S.five times over the last seven years, and the sub count is always higher by the time the next hike rolls around.</p><p><blockquote>人们相信网飞会把事情做好。他们会留下来,即使这意味着价格继续走高。在过去的七年里,Netflix在美国提高了五次月费率,而在下一次加息到来时,子计数总是更高。</blockquote></p><p> Netflix is a media stock. It's not a surprise that traditional media behemoths are generating significant sums of incremental revenue through vibrant consumer product sales. Why wouldn't Netflix -- a company that's been collecting gobs of data on your viewing habits for years -- be as good at nailing what you'll want to buy next as it is at knowing what you want to view next? We may never see a theme park, though I would be the first in line through the turnstiles of Netflixlandia to ride the<i>Ozark</i>roller coaster or experience the<i>Stranger Things</i>dark ride. Selling unique merch to an engaged audience will be a lot easier, and unlike that<i>Ozark</i>coaster there are no height requirements or seat restraints to keep you from making the most of the consumer products ride.</p><p><blockquote>Netflix是一只媒体股票。传统媒体巨头通过充满活力的消费品销售创造了大量增量收入,这并不奇怪。为什么Netflix——一家多年来一直在收集大量关于你观看习惯的数据的公司——不能像知道你下一步想看什么一样擅长确定你下一步想买什么呢?我们可能永远不会看到主题公园,尽管我会是第一个通过Netflixlandia十字转门排队乘坐主题公园的人<i>欧扎克</i>过山车或体验<i>奇怪的事情</i>黑暗之旅。向积极参与的受众销售独特的商品会容易得多,与此不同<i>欧扎克</i>过山车没有高度要求或座位限制来阻止你充分利用消费品。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/06/15/2-reasons-netflix-will-win-its-merchandising-gambi/\">Motley Fool</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":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2021/06/15/2-reasons-netflix-will-win-its-merchandising-gambi/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137428482","content_text":"It's easy to be skeptical about last week's launch of Netflix's(NASDAQ:NFLX) online merch store. The new platform -- available via Netflix.shop-- is limited to selling T-shirts and hoodies themed to itsYasukeandEdenanime. It's just designer streetwear right now, and it's not cheap. T-shirts range in price from $30 to $45. Hypland's Yasuke hoodie is going to set you back a beefy $82, or nearly half a year of a Netflix subscription.\nHowever, you may want to think twice before you dismiss the leading premium video service's chances here. There are some good reasons to bet on Netflix's latest move. Let's check them out.\nIMAGE SOURCE: GETTY IMAGES.\n1. Netflix is just getting started\nThis is obviously just the opening act of Netflix.shop. You can get third-party -- admittedly unlicensed -- shirts for a lot less elsewhere. It will be harder to duplicate theYasukeandEdenaction figures that Netflix is promising will roll out later this month.\nLimited-edition apparel and decor inspired byLupin-- with the second season just dropping into your Netflix queue -- will hit the digital storefront this month. Last week's launch also teased upcoming exclusiveStranger ThingsandThe Witcherproduct lines. Reports also have Netflix working on aBridgertonclothing line alongside live events. And Fans ofLa Casa de Papel-- akaMoney Heist-- should be on the lookout for proprietary merch.\nDon't judge Netflix's new foray into the e-tail of physical merch based on what you see on today's landing page. The store will get bigger, and you'll get there once they roll around to paddling a new revenue stream based on one of your favorite shows.\n2. Never underestimate the Netflix audience\nIt's not smart to bet against Netflix. It doesn't make a move unless it has thoroughly thought things through. How many times were we asking Netflix to rent video games by mail during its red envelope days? How many analysts have wondered about the money that Netflix could rake in it if sold ads on top of its streams in this era of rising connected-TV rates?\nNetflix is way smarter than me. It may also be smarter than you when it comes to how it runs its business. Bloomberg is reporting that Netflix is in the process of hiring heads of consumer products, podcasts, and video game businesses that don't currently exist. If they see the light of day -- as we're seeing with consumer product -- it's because the company knows what it's doing.\nNetflix had 207.6 million subscribersat the end of March, and we're talking about entire families here. The reach and breadth is larger than the account base. It's a captive audience spending hours a day getting lost in Netflix's growing digital catalog of content.\nFolks trust Netflix to get it right. They stick around, even if it means prices keep moving higher. Netflix has increased its monthly rates in the U.S.five times over the last seven years, and the sub count is always higher by the time the next hike rolls around.\nNetflix is a media stock. It's not a surprise that traditional media behemoths are generating significant sums of incremental revenue through vibrant consumer product sales. Why wouldn't Netflix -- a company that's been collecting gobs of data on your viewing habits for years -- be as good at nailing what you'll want to buy next as it is at knowing what you want to view next? We may never see a theme park, though I would be the first in line through the turnstiles of Netflixlandia to ride theOzarkroller coaster or experience theStranger Thingsdark ride. Selling unique merch to an engaged audience will be a lot easier, and unlike thatOzarkcoaster there are no height requirements or seat restraints to keep you from making the most of the consumer products ride.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187098872,"gmtCreate":1623728802096,"gmtModify":1634029457197,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Meme stock everytime!","listText":"Meme stock everytime!","text":"Meme stock everytime!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/187098872","repostId":"1167720481","repostType":4,"repost":{"id":"1167720481","kind":"news","pubTimestamp":1623723356,"share":"https://www.laohu8.com/m/news/1167720481?lang=zh_CN&edition=full","pubTime":"2021-06-15 10:15","market":"us","language":"en","title":"Apple: Meme Stocks Or Apple, I Choose Apple Every Time<blockquote>苹果:模因股还是苹果,我每次都选苹果</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167720481","media":"seekingalpha","summary":"Apple has been a negative investment in 2021 while Meme stocks have exploded which is ridiculous.Investors have been granted an opportunity to purchase Apple before its next leg up while the attention has shifted to chasing the quick buck with Meme stocks.Apple is on pace to generate more than $300 billion in revenue for fiscal year 2021 and $75 billion in net income.Eventually Apple will be invested back to the party and their numbers will be celebrated.So what does AAPL do with all of the cash","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Apple has been a negative investment in 2021 while Meme stocks have exploded which is ridiculous.</li> <li>Investors have been granted an opportunity to purchase Apple before its next leg up while the attention has shifted to chasing the quick buck with Meme stocks.</li> <li>Apple is on pace to generate more than $300 billion in revenue for fiscal year 2021 and $75 billion in net income.</li> <li>Eventually Apple will be invested back to the party and their numbers will be celebrated.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54c3b80a3353ef82f618688f13f74658\" tg-width=\"1536\" tg-height=\"1024\"><span>Nikada/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>苹果在2021年一直是负面投资,而模因股票却呈爆炸式增长,这太荒谬了。</li><li>投资者有机会在苹果下一轮上涨之前买入它,而注意力已转移到追逐模因股票的快速赚钱上。</li><li>苹果有望在2021财年创造超过3000亿美元的收入和750亿美元的净利润。</li><li>最终,苹果将被投入到党中,他们的数字将被庆祝。</li></ul><p class=\"t-img-caption\"><span>Nikada/iStock未通过Getty Images发布</span></p></blockquote></p><p> In 2021, Apple (AAPL) has become a negative returning investment underperforming the SPDR S&P 500 Trust ETF (SPY) by a margin greater than 15%. In May of 2021, one of the hottest fund managers Cathie Wood of Ark Invest, sold nearly 300,000 shares of AAPL from the ARK Fintech Innovation ETF (ARKF). It was reported that ARK, at one point, was reducing their stake in AAPL to add to their positions in Coinbase (COIN) and DraftKings (DKNG). Actively managed funds such as the one's ARK oversees buy and sell equities daily and could have been using AAPL as an alternative to cash. AAPL has a mixed bag of reviews as some believe its best days are ahead of it while others believe the glory days won't be reclaimed. I think the market is granting investors an opportunity as AAPL should breakout from its sideways pattern in the 2ndhalf of 2021.</p><p><blockquote>2021年,苹果(AAPL)已成为负回报投资,表现落后SPDR标普500信托ETF(SPDR标普500指数ETF)超过15%。2021年5月,最热门的基金经理之一Ark Invest的Cathie Wood从ARK Fintech Innovation ETF(ARKF)出售了近30万股AAPL股票。据报道,ARK一度减持了AAPL的股份,以增持Coinbase(COIN)和DraftKings(DKNG)的股份。one’s ARK等主动管理型基金每天都会监督股票的买卖,并且可能会使用AAPL作为现金的替代品。苹果公司的评论褒贬不一,一些人认为它最好的日子还在前面,而另一些人则认为辉煌的日子不会重现。我认为市场正在给投资者一个机会,因为AAPL应该会在2021年下半年突破横盘格局。</blockquote></p><p> The market wasn't impressed by the blowout AAPL delivered in Q1 and Q2. Instead of an upside climb supported by fundamentals, shares of AAPL have been treading water. As an AAPL bull, it's perplexing that so much attention is placed on meme stocks instead of companies such as AAPL when it's setting the stage for their best year ever. After reading the comments of the recent articles on MEME stocks, I have written, then looking back at the comment sections of some AAPL articles, I just don't understand how the mindset is shifting to outright speculation & gambling rather than investing. In the first 2 quarters of the fiscal year, 2021 AAPL has generated $3.08 in EPS while the entire 2020 fiscal year delivered $3.31 in EPS. AAPL is solidifying the foundation for its best year ever in many metrics, yet the market isn't impressed. I believe there will be impressive fireworks in the 2ndhalf of 2021, and patient shareholders will be rewarded as Q3 and Q4 numbers are reported.</p><p><blockquote>市场对苹果公司在第一季度和第二季度的井喷表现并没有留下深刻印象。苹果公司的股价非但没有受到基本面的支持,反而一直停滞不前。作为苹果公司的多头,令人费解的是,当苹果公司为有史以来最好的一年做准备时,如此多的注意力都集中在模因股票上,而不是像苹果公司这样的公司。在阅读了最近关于MEME股票的文章的评论后,我写道,然后回顾一些AAPL文章的评论部分,我只是不明白心态是如何转向彻底的投机和赌博而不是投资的。在本财年的前两个季度,2021年AAPL的每股收益为3.08美元,而整个2020财年的每股收益为3.31美元。苹果公司正在为许多指标上有史以来最好的一年奠定基础,但市场并没有留下深刻印象。我相信2021年下半年将会有令人印象深刻的烟花,随着第三季度和第四季度数据的公布,耐心的股东将会得到回报。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e86cb02096dfa9c6da05e350f274aa64\" tg-width=\"640\" tg-height=\"556\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:寻求阿尔法)</span></p></blockquote></p><p> <b>Apple believes it's the best investment in the market and puts their money where their mouth is</b></p><p><blockquote><b>苹果相信这是市场上最好的投资,并把钱用在了他们的嘴上</b></blockquote></p><p> So what does AAPL do with all of the cash it generates? For starters, they spend tens of billions annually building out their businesses while investing in research and development [R&D]. In 2020, AAPL spent $169.56 billion on their cost of generating revenue. The fruits of their labor can be seen in their product offerings and how quickly their newest business segments, including services and wearables, Home, and accessories, have grown. AAPL allocated $18.75 billion in 2020 to R&D, generating advancements to their beloved products. One of the reasons AAPL has a cliental that could resemble a cult-like mentality is because AAPL doesn't stop innovating. They are always at the forefront pushing the boundaries of how technology can enhance an individual's daily life.</p><p><blockquote>那么AAPL如何处理其产生的所有现金呢?首先,他们每年花费数百亿美元来发展业务,同时投资研发[R&D]。2020年,AAPL在创收成本上花费了1695.6亿美元。他们的劳动成果可以从他们的产品供应以及他们最新的业务领域(包括服务和可穿戴设备、家居和配件)的增长速度中看出。AAPL在2020年拨款187.5亿美元用于研发,为他们心爱的产品带来进步。AAPL拥有类似邪教心态的客户的原因之一是因为AAPL不会停止创新。他们总是站在最前沿,推动技术如何改善个人日常生活的界限。</blockquote></p><p> So what about the remaining cash after AAPL's business expenses are fulfilled? AAPL bets on themselves and views their stock as an investment. Since the fiscal year 2012, AAPL has repurchased $421.7 billion in its own stock. In 2021 AAPL has repurchased $43 billion in stock, indicating that senior leadership believes there is tremendous value in owning shares of AAPL. I remember the days where everyone got excited when insiders purchased shares of their company. For AAPL buying back stock is just an ordinary Monday. AAPL has repurchased more in stock over the past decade than most companies will ever see their market caps grow to. AAPL's board authorized an additional $90 billion to its existing share repurchase plan, and AAPL returned almost $23 billion in capital to shareholders in Q2 2021, it doesn't get more bullish than that.</p><p><blockquote>那么AAPL的业务费用兑现后剩下的现金呢?苹果公司押注于自己,并将其股票视为一种投资。自2012财年以来,AAPL已回购了价值4217亿美元的自有股票。2021年,AAPL回购了430亿美元的股票,这表明高级领导层认为持有AAPL股票具有巨大价值。我记得当内部人士购买他们公司的股票时,每个人都感到兴奋的日子。对于苹果公司来说,回购股票只是一个普通的周一。苹果公司在过去十年中回购的股票数量超过了大多数公司的市值增长水平。AAPL董事会授权在其现有股票回购计划的基础上追加900亿美元,AAPL在2021年第二季度向股东返还了近230亿美元的资本,没有比这更乐观的了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dbaf61374104ed17e51201af591ab7d\" tg-width=\"640\" tg-height=\"349\"><span>(Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:苹果)</span></p></blockquote></p><p> <b>Meme stocks vs. Apple and the insanity of this market</b></p><p><blockquote><b>模因股票与苹果以及这个市场的疯狂</b></blockquote></p><p></p><p> GameStop (GME) and AMC Entertainment Holdings (AMC) have decimated AAPL in share price appreciation throughout the first half of 2021. Regardless of why GME and AMC are up, the fact of the matter is GME has generated a return that exceeds 1,100%, and AMC has returned over 2,000%. Anyone who has ridden GME or AMC up, I congratulate and tip my hat to you. The market is being fueled by delusions of grandeur as AAPL is negative for the year, yet GME & AMC have absolutely exploded to the upside.</p><p><blockquote>2021年上半年,游戏驿站(GME)和AMC院线控股(AMC)的股价大幅上涨。不管GME和AMC为何上涨,事实是GME的回报率超过1,100%,AMC的回报率超过2,000%。任何骑过GME或AMC的人,我祝贺并向你们脱帽致敬。由于AAPL今年表现不佳,市场正受到宏伟妄想的推动,但GME和AMC却绝对呈爆炸式上涨。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c85258331453c02381346f8b6c676cec\" tg-width=\"640\" tg-height=\"499\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:寻求阿尔法)</span></p></blockquote></p><p> What's changed for AMC in the past several months? I can tell you, not a single thing. AMC is still a company that is in the red and barely makes money. I get it investing in companies like AMC can generate huge returns due to volatility, and I am not knocking it. If you can make money on it, by all means, don't let anyone stand in your way but be careful. When you read through AMC's income statement, they have never exceeded $400 million in net income. In the past decade, AMC's most profitable year was 2013, as their net income was $364.4 million. In 2019 which had zero ramifications from COVID, AMC generated $5.47 billion in revenue and couldn't even turn a profit as they lost -$149.1 million. AMC's last quarterly report had -$2.3 billion in equity on its balance sheet. The reality is AMC can issue additional shares and sell them to raise capital. This would benefit AMC by improving its balance sheet and increase its cash on hand. It seems like people don't understand that when a company issues more shares, the initial batch becomes diluted and is worthless because of the additional supply. AMC can issue shares and strengthen its balance sheet, but it won't solve its profit problems. AAPL pays more in dividends to its shareholders every quarter than the profit AMC has generated in the past decade, yet AMC is the stock generating larger returns.</p><p><blockquote>过去几个月AMC发生了什么变化?我可以告诉你,一件事都没有。AMC仍然是一家亏损且几乎不赚钱的公司。我知道投资AMC这样的公司可以因波动性而产生巨额回报,但我并不是在批评它。如果你能在上面赚钱,无论如何,不要让任何人妨碍你,但要小心。当你通读AMC的损益表时,你会发现他们的净利润从未超过4亿美元。在过去十年中,AMC最赚钱的一年是2013年,净利润为3.644亿美元。2019年,新冠疫情的影响为零,AMC创造了54.7亿美元的收入,甚至无法盈利,因为他们亏损了1.491亿美元。AMC上一季度报告的资产负债表上的股本为-23亿美元。现实情况是,AMC可以增发股票并出售以筹集资金。这将改善资产负债表并增加手头现金,从而使AMC受益。人们似乎不明白,当一家公司发行更多股票时,最初的一批股票会因为额外的供应而被稀释并变得毫无价值。AMC可以发行股票并增强其资产负债表,但这不会解决其盈利问题。AAPL每个季度向股东支付的股息比AMC过去十年产生的利润还要多,但AMC是产生更大回报的股票。</blockquote></p><p> When investors purchase shares of AMC, they are buying a company with negative EPS. AMC's P/E ratio isn't measurable on a trailing twelve-month or a forward basis, yet investors are willing to pay for nonexistent earnings. In the comments of my AMC article, people said fundamentals don't matter. I understand that AMC has been a technical trade, but that doesn't change the reality that investors are paying for a company with negative earnings.Currently, the average PE Ratio for the S&P is 45.02. If I use the EPS AAPL generated in the first 6 months of the fiscal year 2021 of $3.08, their PE Ratio would be 40.55. For the TTM, AAPL has generated $4.49 in EPS, which brings their PE Ratio down to 28.09. Currently, investors are paying $28.09 for every $1 in earnings AAPL generates, which is low for the tech industry.Amazon (AMZN) has a PE of 62.44,Microsoft (MSFT)34.93, and Google (GOOGL)of 32.05. Call me old-fashioned, but I like to invest in companies that turn a profit.</p><p><blockquote>当投资者购买AMC股票时,他们购买的是一家每股收益为负的公司。AMC的市盈率无法在过去12个月或远期基础上衡量,但投资者愿意为不存在的收益买单。在我的AMC文章的评论中,人们说基本面并不重要。我知道AMC一直是一项技术性交易,但这并不能改变投资者为一家盈利为负的公司买单的现实。目前,标准普尔指数的平均市盈率为45.02。如果我使用AAPL在2021财年前6个月产生的每股收益3.08美元,他们的市盈率将为40.55。对于TTM,AAPL的每股收益为4.49美元,这使得其市盈率降至28.09。目前,投资者为AAPL每产生1美元的收益支付28.09美元,这对于科技行业来说很低。亚马逊(AMZN)的市盈率为62.44,微软(MSFT)为34.93,谷歌(GOOGL)为32.05。看涨期权我很守旧,但我喜欢投资盈利的公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79e06d9bc68454731c984429111ff056\" tg-width=\"640\" tg-height=\"661\"><span>(Source:multpl.com)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:multpl.com)</span></p></blockquote></p><p> <b>Laying out the bull case for Apple and why a breakout to the upside is inevitable</b></p><p><blockquote><b>阐述苹果的牛市理由以及为什么向上突破是不可避免的</b></blockquote></p><p> AAPL has a cult-like following that gravitates to its products and services. For the first 6 months of 2021,AAPLhas generated $201.02 billion in revenue, $82.41 billion in gross profit, and $52.39 billion in net income. In 2021 AAPL has already generated 73.23% ($201.02 billion) of 2020's total revenue, then 78.51% of 2020's gross income ($82.41 billion) and 91.25% of 2020's total net income ($52.39 billion). AAPL is on track to decimate its previous records, and unless something unfathomable occurs, 2021 will be AAPL's best year ever.</p><p><blockquote>苹果公司拥有一批狂热的追随者,他们被其产品和服务所吸引。2021年前6个月,AAPLhas的收入为2010.2亿美元,毛利润为824.1亿美元,净利润为523.9亿美元。2021年,AAPL已创造了2020年总收入的73.23%(2010.2亿美元),然后是2020年总收入(824.1亿美元)的78.51%和2020年净利润总额(523.9亿美元)的91.25%。AAPL有望打破之前的记录,除非发生深不可测的事情,否则2021年将是AAPL有史以来最好的一年。</blockquote></p><p> So the real questions are what's causing the surge in AAPL's financials, and are they sustainable? Part of the reason is AAPL has seen an increase in its hardware sales from iPhone 12's down to iPads. An argument can be made that many people needed to upgrade their technology during the pandemic due to working from home or remote learning, but that logic can't be used for 2021. At the end of April, when AAPL reported Q2,their iPhone sales exceeded expectations by $7.14 billion, Mac sales by $2.2 billion, and iPad sales by $2.01 billion. These numbers were a year later, and while the iPhone 12, which was AAPL's first 5G release, was expected to create tailwinds, I believe the pandemic pushed society into a place where a greater emphasis is placed on technology.</p><p><blockquote>因此,真正的问题是是什么导致了AAPL财务状况的飙升,以及它们是否可持续?部分原因是AAPL的硬件销量从iPhone 12到iPad都有所增长。可以说,由于在家工作或远程学习,许多人在疫情期间需要升级他们的技术,但这种逻辑不能用于2021年。4月底,当AAPL报告Q2时,他们的iPhone销售额超出预期71.4亿美元,Mac销售额超出预期22亿美元,iPad销售额超出预期20.1亿美元。这些数字是一年后的事了,虽然AAPL首款5G产品iPhone 12预计会带来推动力,但我相信疫情将社会推向了一个更加重视技术的地方。</blockquote></p><p></p><p> I believe AAPL will continue to see strong hardware sales, but that's only one piece of the puzzle. Services and Wearables Home and Accessories are becoming huge components of AAPL's financial metrics. In 2018 Services generated $39.75 billion in revenue. In 2019 Services increased by $6.54 billion (16.46%) as they finished the year with $46.29 billion in revenue. In 2020 Services grew by $7.48 billion (16.15%) as its revenue totaled $53.77 billion. In the first 6 months of 2020, Services has already generated $32.66 billion in revenue, which is 60.75% of 2020's total revenue. Services continue to grow creating a true business segment of reoccurring revenue for AAPL. The beauty of Services is with each piece of hardware AAPL sells; there is an opportunity to generate additional revenue through Services every month.</p><p><blockquote>我相信AAPL将继续看到强劲的硬件销售,但这只是拼图的一部分。服务和可穿戴设备家居和配件正在成为AAPL财务指标的重要组成部分。2018年,服务业创造了397.5亿美元的收入。2019年,服务增加了65.4亿美元(16.46%),全年收入为462.9亿美元。2020年,服务业增长了74.8亿美元(16.15%),总收入达到537.7亿美元。2020年前6个月,服务已经创造了326.6亿美元的收入,占2020年总收入的60.75%。服务持续增长,为AAPL创造了真正的经常性收入业务部门。服务的美妙之处在于AAPL销售的每一件硬件;每个月都有机会通过服务产生额外的收入。</blockquote></p><p> Services are becoming a home run for AAPL as it diversifies its revenue mix away from being solely constructed from physical products. At the close of the fiscal year 2020, Services had increased its annual revenue by $29.42 billion (120.83%) in just 4 years. In the first 6 months of 2021, Services has generated $32.66 billion, which is 60% of 2020's annual revenue. AAPL is on track to crack $60 billion in revenue from Services in the fiscal year 2021. Looking further out, Services could be a $100 billion revenue generator in the not-too-distant future.</p><p><blockquote>服务正在成为AAPL的本垒打,因为它使其收入组合多元化,不再仅仅依靠实体产品构建。截至2020财年结束时,服务业在短短4年内年收入增加了294.2亿美元(120.83%)。2021年前6个月,服务业创造了326.6亿美元,是2020年收入的60%。AAPL有望在2021财年实现600亿美元的服务收入。展望未来,在不久的将来,服务业可能会创造1000亿美元的收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5f044f79f7525038fb94ed27b6a92209\" tg-width=\"640\" tg-height=\"373\"><span>(Source: Steven Fiorillo) (Data Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Steven Fiorillo)(数据来源:苹果)</span></p></blockquote></p><p> Wearables Home and Accessories continues to follow in Service's footsteps as it has become a larger revenue segment than iPad and Mac. With the inception of the Apple Watch, this category has grown from generating $11.13 billion in 2016 to $30.62 billion in 2020. Over 4 fiscal years, Wearables Home and Accessories has increased its revenue by $24.48 billion (175.06%), and its growth keeps expanding. In the first 6 months of 2021, Wearables Home and Accessories have generated $20.81 billion in revenue, which is 67.95% of 2020's total revenue. AAPL is certainly on track to generate $35 billion-plus in revenue from Wearables Home and Accessories in the fiscal year 2021. Over the next several years, AAPL is on track to generate $50 billion in annual revenue from Wearables Home and Accessories.</p><p><blockquote>可穿戴设备家居和配件继续追随Service的脚步,因为它已成为比iPad和Mac更大的收入领域。随着苹果观察的成立,这一类别的收入从2016年的111.3亿美元增长到2020年的306.2亿美元。在4个财年中,可穿戴家居和配件的收入增加了244.8亿美元(175.06%),并且增长不断扩大。2021年前6个月,可穿戴家居和配件已经创造了208.1亿美元的收入,是2020年总收入的67.95%。AAPL肯定有望在2021财年从可穿戴设备家居和配件中创造超过350亿美元的收入。未来几年,AAPL有望从可穿戴设备家居和配件中创造500亿美元的年收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7071ec652302c6cab585fef4c408d65\" tg-width=\"640\" tg-height=\"373\"><span>(Source: Steven Fiorillo) (Data Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Steven Fiorillo)(数据来源:苹果)</span></p></blockquote></p><p> By the end of the Fiscal Year 2025, there is a good chance that Services can generate more than $78 billion, and Wearables Home and Accessories could generate over $44 billion in annual revenue if they both grow at a 10% rate. These two categories are on pace to exceed $100 billion in revenue combined, which could grow into $150 billion annually in the late 2020s. I am shocked investors haven't been piling into AAPL, and it's even more ludicrous that an emphasis on AAPL's numbers isn't being discussed in greater detail. What's AAPL worth down the road when Services reaches $100 billion in revenue and Wearables Home and Accessories reaches $50 billion? Over the past decade, AAPL has continued to innovate and change how technology is used, and to think their best days are behind them is a notion I refuse to believe.</p><p><blockquote>到2025财年结束时,服务很有可能会产生超过780亿美元的收入,如果两者都以10%的速度增长,可穿戴家居和配件的年收入可能会超过440亿美元。这两个类别的总收入有望超过1000亿美元,到2020年代末,这一数字可能会增长到每年1500亿美元。我对投资者没有涌入苹果公司感到震惊,更可笑的是,没有更详细地讨论对苹果公司数据的强调。当服务业收入达到1000亿美元、可穿戴家居和配件收入达到500亿美元时,AAPL未来的价值是多少?在过去的十年里,AAPL不断创新并改变技术的使用方式,我拒绝相信他们最好的日子已经过去。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62cd231b75d9f875329f6713debe846b\" tg-width=\"640\" tg-height=\"191\"><span>(Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:苹果)</span></p></blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> The meme stocks are causing a lot of excitement for some investors while they leave a whole other group shaking their heads. Other than a gamble, I can't understand why people want to invest in AMC when you could buy shares of AAPL on sale. AAPL should have exploded to the upside, but its 2 recent blowout quarters didn't move the needle. I believe it's going to be different once the Q3 numbers are reported. We're going to find out that once again, AAPL continues to buy shares by the billions while reporting that in 9 months, they have generated more net income than all of 2020. In the first 6 months of operations, AAPL has generated $201.02 billion in revenue and $52.39 billion in net income while giving back $53.2 billion in buybacks and dividends. Investors have been granted an opportunity to buy more AAPL before the next leg up. I am a shareholder of AAPL, and I plan on buying more before Q3 earnings.</p><p><blockquote>迷因股票让一些投资者兴奋不已,同时也让另一群投资者摇头。除了赌博之外,我无法理解当你可以购买AAPL出售的股票时,为什么人们想要投资AMC。苹果公司本应大幅上涨,但其最近两个季度的井喷并没有起到任何作用。我相信一旦第三季度的数据公布,情况就会有所不同。我们将再次发现,AAPL继续购买数十亿美元的股票,同时报告称,在9个月内,他们创造的净利润超过了2020年全年。在运营的前6个月,AAPL创造了2010.2亿美元的收入和523.9亿美元的净利润,同时返还了532亿美元的回购和股息。投资者有机会在下一轮上涨之前买入更多苹果公司。我是AAPL的股东,我计划在第三季度财报公布之前购买更多。</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: Meme Stocks Or Apple, I Choose Apple Every Time<blockquote>苹果:模因股还是苹果,我每次都选苹果</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: Meme Stocks Or Apple, I Choose Apple Every Time<blockquote>苹果:模因股还是苹果,我每次都选苹果</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-15 10:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Apple has been a negative investment in 2021 while Meme stocks have exploded which is ridiculous.</li> <li>Investors have been granted an opportunity to purchase Apple before its next leg up while the attention has shifted to chasing the quick buck with Meme stocks.</li> <li>Apple is on pace to generate more than $300 billion in revenue for fiscal year 2021 and $75 billion in net income.</li> <li>Eventually Apple will be invested back to the party and their numbers will be celebrated.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54c3b80a3353ef82f618688f13f74658\" tg-width=\"1536\" tg-height=\"1024\"><span>Nikada/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>苹果在2021年一直是负面投资,而模因股票却呈爆炸式增长,这太荒谬了。</li><li>投资者有机会在苹果下一轮上涨之前买入它,而注意力已转移到追逐模因股票的快速赚钱上。</li><li>苹果有望在2021财年创造超过3000亿美元的收入和750亿美元的净利润。</li><li>最终,苹果将被投入到党中,他们的数字将被庆祝。</li></ul><p class=\"t-img-caption\"><span>Nikada/iStock未通过Getty Images发布</span></p></blockquote></p><p> In 2021, Apple (AAPL) has become a negative returning investment underperforming the SPDR S&P 500 Trust ETF (SPY) by a margin greater than 15%. In May of 2021, one of the hottest fund managers Cathie Wood of Ark Invest, sold nearly 300,000 shares of AAPL from the ARK Fintech Innovation ETF (ARKF). It was reported that ARK, at one point, was reducing their stake in AAPL to add to their positions in Coinbase (COIN) and DraftKings (DKNG). Actively managed funds such as the one's ARK oversees buy and sell equities daily and could have been using AAPL as an alternative to cash. AAPL has a mixed bag of reviews as some believe its best days are ahead of it while others believe the glory days won't be reclaimed. I think the market is granting investors an opportunity as AAPL should breakout from its sideways pattern in the 2ndhalf of 2021.</p><p><blockquote>2021年,苹果(AAPL)已成为负回报投资,表现落后SPDR标普500信托ETF(SPDR标普500指数ETF)超过15%。2021年5月,最热门的基金经理之一Ark Invest的Cathie Wood从ARK Fintech Innovation ETF(ARKF)出售了近30万股AAPL股票。据报道,ARK一度减持了AAPL的股份,以增持Coinbase(COIN)和DraftKings(DKNG)的股份。one’s ARK等主动管理型基金每天都会监督股票的买卖,并且可能会使用AAPL作为现金的替代品。苹果公司的评论褒贬不一,一些人认为它最好的日子还在前面,而另一些人则认为辉煌的日子不会重现。我认为市场正在给投资者一个机会,因为AAPL应该会在2021年下半年突破横盘格局。</blockquote></p><p> The market wasn't impressed by the blowout AAPL delivered in Q1 and Q2. Instead of an upside climb supported by fundamentals, shares of AAPL have been treading water. As an AAPL bull, it's perplexing that so much attention is placed on meme stocks instead of companies such as AAPL when it's setting the stage for their best year ever. After reading the comments of the recent articles on MEME stocks, I have written, then looking back at the comment sections of some AAPL articles, I just don't understand how the mindset is shifting to outright speculation & gambling rather than investing. In the first 2 quarters of the fiscal year, 2021 AAPL has generated $3.08 in EPS while the entire 2020 fiscal year delivered $3.31 in EPS. AAPL is solidifying the foundation for its best year ever in many metrics, yet the market isn't impressed. I believe there will be impressive fireworks in the 2ndhalf of 2021, and patient shareholders will be rewarded as Q3 and Q4 numbers are reported.</p><p><blockquote>市场对苹果公司在第一季度和第二季度的井喷表现并没有留下深刻印象。苹果公司的股价非但没有受到基本面的支持,反而一直停滞不前。作为苹果公司的多头,令人费解的是,当苹果公司为有史以来最好的一年做准备时,如此多的注意力都集中在模因股票上,而不是像苹果公司这样的公司。在阅读了最近关于MEME股票的文章的评论后,我写道,然后回顾一些AAPL文章的评论部分,我只是不明白心态是如何转向彻底的投机和赌博而不是投资的。在本财年的前两个季度,2021年AAPL的每股收益为3.08美元,而整个2020财年的每股收益为3.31美元。苹果公司正在为许多指标上有史以来最好的一年奠定基础,但市场并没有留下深刻印象。我相信2021年下半年将会有令人印象深刻的烟花,随着第三季度和第四季度数据的公布,耐心的股东将会得到回报。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e86cb02096dfa9c6da05e350f274aa64\" tg-width=\"640\" tg-height=\"556\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:寻求阿尔法)</span></p></blockquote></p><p> <b>Apple believes it's the best investment in the market and puts their money where their mouth is</b></p><p><blockquote><b>苹果相信这是市场上最好的投资,并把钱用在了他们的嘴上</b></blockquote></p><p> So what does AAPL do with all of the cash it generates? For starters, they spend tens of billions annually building out their businesses while investing in research and development [R&D]. In 2020, AAPL spent $169.56 billion on their cost of generating revenue. The fruits of their labor can be seen in their product offerings and how quickly their newest business segments, including services and wearables, Home, and accessories, have grown. AAPL allocated $18.75 billion in 2020 to R&D, generating advancements to their beloved products. One of the reasons AAPL has a cliental that could resemble a cult-like mentality is because AAPL doesn't stop innovating. They are always at the forefront pushing the boundaries of how technology can enhance an individual's daily life.</p><p><blockquote>那么AAPL如何处理其产生的所有现金呢?首先,他们每年花费数百亿美元来发展业务,同时投资研发[R&D]。2020年,AAPL在创收成本上花费了1695.6亿美元。他们的劳动成果可以从他们的产品供应以及他们最新的业务领域(包括服务和可穿戴设备、家居和配件)的增长速度中看出。AAPL在2020年拨款187.5亿美元用于研发,为他们心爱的产品带来进步。AAPL拥有类似邪教心态的客户的原因之一是因为AAPL不会停止创新。他们总是站在最前沿,推动技术如何改善个人日常生活的界限。</blockquote></p><p> So what about the remaining cash after AAPL's business expenses are fulfilled? AAPL bets on themselves and views their stock as an investment. Since the fiscal year 2012, AAPL has repurchased $421.7 billion in its own stock. In 2021 AAPL has repurchased $43 billion in stock, indicating that senior leadership believes there is tremendous value in owning shares of AAPL. I remember the days where everyone got excited when insiders purchased shares of their company. For AAPL buying back stock is just an ordinary Monday. AAPL has repurchased more in stock over the past decade than most companies will ever see their market caps grow to. AAPL's board authorized an additional $90 billion to its existing share repurchase plan, and AAPL returned almost $23 billion in capital to shareholders in Q2 2021, it doesn't get more bullish than that.</p><p><blockquote>那么AAPL的业务费用兑现后剩下的现金呢?苹果公司押注于自己,并将其股票视为一种投资。自2012财年以来,AAPL已回购了价值4217亿美元的自有股票。2021年,AAPL回购了430亿美元的股票,这表明高级领导层认为持有AAPL股票具有巨大价值。我记得当内部人士购买他们公司的股票时,每个人都感到兴奋的日子。对于苹果公司来说,回购股票只是一个普通的周一。苹果公司在过去十年中回购的股票数量超过了大多数公司的市值增长水平。AAPL董事会授权在其现有股票回购计划的基础上追加900亿美元,AAPL在2021年第二季度向股东返还了近230亿美元的资本,没有比这更乐观的了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dbaf61374104ed17e51201af591ab7d\" tg-width=\"640\" tg-height=\"349\"><span>(Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:苹果)</span></p></blockquote></p><p> <b>Meme stocks vs. Apple and the insanity of this market</b></p><p><blockquote><b>模因股票与苹果以及这个市场的疯狂</b></blockquote></p><p></p><p> GameStop (GME) and AMC Entertainment Holdings (AMC) have decimated AAPL in share price appreciation throughout the first half of 2021. Regardless of why GME and AMC are up, the fact of the matter is GME has generated a return that exceeds 1,100%, and AMC has returned over 2,000%. Anyone who has ridden GME or AMC up, I congratulate and tip my hat to you. The market is being fueled by delusions of grandeur as AAPL is negative for the year, yet GME & AMC have absolutely exploded to the upside.</p><p><blockquote>2021年上半年,游戏驿站(GME)和AMC院线控股(AMC)的股价大幅上涨。不管GME和AMC为何上涨,事实是GME的回报率超过1,100%,AMC的回报率超过2,000%。任何骑过GME或AMC的人,我祝贺并向你们脱帽致敬。由于AAPL今年表现不佳,市场正受到宏伟妄想的推动,但GME和AMC却绝对呈爆炸式上涨。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c85258331453c02381346f8b6c676cec\" tg-width=\"640\" tg-height=\"499\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:寻求阿尔法)</span></p></blockquote></p><p> What's changed for AMC in the past several months? I can tell you, not a single thing. AMC is still a company that is in the red and barely makes money. I get it investing in companies like AMC can generate huge returns due to volatility, and I am not knocking it. If you can make money on it, by all means, don't let anyone stand in your way but be careful. When you read through AMC's income statement, they have never exceeded $400 million in net income. In the past decade, AMC's most profitable year was 2013, as their net income was $364.4 million. In 2019 which had zero ramifications from COVID, AMC generated $5.47 billion in revenue and couldn't even turn a profit as they lost -$149.1 million. AMC's last quarterly report had -$2.3 billion in equity on its balance sheet. The reality is AMC can issue additional shares and sell them to raise capital. This would benefit AMC by improving its balance sheet and increase its cash on hand. It seems like people don't understand that when a company issues more shares, the initial batch becomes diluted and is worthless because of the additional supply. AMC can issue shares and strengthen its balance sheet, but it won't solve its profit problems. AAPL pays more in dividends to its shareholders every quarter than the profit AMC has generated in the past decade, yet AMC is the stock generating larger returns.</p><p><blockquote>过去几个月AMC发生了什么变化?我可以告诉你,一件事都没有。AMC仍然是一家亏损且几乎不赚钱的公司。我知道投资AMC这样的公司可以因波动性而产生巨额回报,但我并不是在批评它。如果你能在上面赚钱,无论如何,不要让任何人妨碍你,但要小心。当你通读AMC的损益表时,你会发现他们的净利润从未超过4亿美元。在过去十年中,AMC最赚钱的一年是2013年,净利润为3.644亿美元。2019年,新冠疫情的影响为零,AMC创造了54.7亿美元的收入,甚至无法盈利,因为他们亏损了1.491亿美元。AMC上一季度报告的资产负债表上的股本为-23亿美元。现实情况是,AMC可以增发股票并出售以筹集资金。这将改善资产负债表并增加手头现金,从而使AMC受益。人们似乎不明白,当一家公司发行更多股票时,最初的一批股票会因为额外的供应而被稀释并变得毫无价值。AMC可以发行股票并增强其资产负债表,但这不会解决其盈利问题。AAPL每个季度向股东支付的股息比AMC过去十年产生的利润还要多,但AMC是产生更大回报的股票。</blockquote></p><p> When investors purchase shares of AMC, they are buying a company with negative EPS. AMC's P/E ratio isn't measurable on a trailing twelve-month or a forward basis, yet investors are willing to pay for nonexistent earnings. In the comments of my AMC article, people said fundamentals don't matter. I understand that AMC has been a technical trade, but that doesn't change the reality that investors are paying for a company with negative earnings.Currently, the average PE Ratio for the S&P is 45.02. If I use the EPS AAPL generated in the first 6 months of the fiscal year 2021 of $3.08, their PE Ratio would be 40.55. For the TTM, AAPL has generated $4.49 in EPS, which brings their PE Ratio down to 28.09. Currently, investors are paying $28.09 for every $1 in earnings AAPL generates, which is low for the tech industry.Amazon (AMZN) has a PE of 62.44,Microsoft (MSFT)34.93, and Google (GOOGL)of 32.05. Call me old-fashioned, but I like to invest in companies that turn a profit.</p><p><blockquote>当投资者购买AMC股票时,他们购买的是一家每股收益为负的公司。AMC的市盈率无法在过去12个月或远期基础上衡量,但投资者愿意为不存在的收益买单。在我的AMC文章的评论中,人们说基本面并不重要。我知道AMC一直是一项技术性交易,但这并不能改变投资者为一家盈利为负的公司买单的现实。目前,标准普尔指数的平均市盈率为45.02。如果我使用AAPL在2021财年前6个月产生的每股收益3.08美元,他们的市盈率将为40.55。对于TTM,AAPL的每股收益为4.49美元,这使得其市盈率降至28.09。目前,投资者为AAPL每产生1美元的收益支付28.09美元,这对于科技行业来说很低。亚马逊(AMZN)的市盈率为62.44,微软(MSFT)为34.93,谷歌(GOOGL)为32.05。看涨期权我很守旧,但我喜欢投资盈利的公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79e06d9bc68454731c984429111ff056\" tg-width=\"640\" tg-height=\"661\"><span>(Source:multpl.com)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:multpl.com)</span></p></blockquote></p><p> <b>Laying out the bull case for Apple and why a breakout to the upside is inevitable</b></p><p><blockquote><b>阐述苹果的牛市理由以及为什么向上突破是不可避免的</b></blockquote></p><p> AAPL has a cult-like following that gravitates to its products and services. For the first 6 months of 2021,AAPLhas generated $201.02 billion in revenue, $82.41 billion in gross profit, and $52.39 billion in net income. In 2021 AAPL has already generated 73.23% ($201.02 billion) of 2020's total revenue, then 78.51% of 2020's gross income ($82.41 billion) and 91.25% of 2020's total net income ($52.39 billion). AAPL is on track to decimate its previous records, and unless something unfathomable occurs, 2021 will be AAPL's best year ever.</p><p><blockquote>苹果公司拥有一批狂热的追随者,他们被其产品和服务所吸引。2021年前6个月,AAPLhas的收入为2010.2亿美元,毛利润为824.1亿美元,净利润为523.9亿美元。2021年,AAPL已创造了2020年总收入的73.23%(2010.2亿美元),然后是2020年总收入(824.1亿美元)的78.51%和2020年净利润总额(523.9亿美元)的91.25%。AAPL有望打破之前的记录,除非发生深不可测的事情,否则2021年将是AAPL有史以来最好的一年。</blockquote></p><p> So the real questions are what's causing the surge in AAPL's financials, and are they sustainable? Part of the reason is AAPL has seen an increase in its hardware sales from iPhone 12's down to iPads. An argument can be made that many people needed to upgrade their technology during the pandemic due to working from home or remote learning, but that logic can't be used for 2021. At the end of April, when AAPL reported Q2,their iPhone sales exceeded expectations by $7.14 billion, Mac sales by $2.2 billion, and iPad sales by $2.01 billion. These numbers were a year later, and while the iPhone 12, which was AAPL's first 5G release, was expected to create tailwinds, I believe the pandemic pushed society into a place where a greater emphasis is placed on technology.</p><p><blockquote>因此,真正的问题是是什么导致了AAPL财务状况的飙升,以及它们是否可持续?部分原因是AAPL的硬件销量从iPhone 12到iPad都有所增长。可以说,由于在家工作或远程学习,许多人在疫情期间需要升级他们的技术,但这种逻辑不能用于2021年。4月底,当AAPL报告Q2时,他们的iPhone销售额超出预期71.4亿美元,Mac销售额超出预期22亿美元,iPad销售额超出预期20.1亿美元。这些数字是一年后的事了,虽然AAPL首款5G产品iPhone 12预计会带来推动力,但我相信疫情将社会推向了一个更加重视技术的地方。</blockquote></p><p></p><p> I believe AAPL will continue to see strong hardware sales, but that's only one piece of the puzzle. Services and Wearables Home and Accessories are becoming huge components of AAPL's financial metrics. In 2018 Services generated $39.75 billion in revenue. In 2019 Services increased by $6.54 billion (16.46%) as they finished the year with $46.29 billion in revenue. In 2020 Services grew by $7.48 billion (16.15%) as its revenue totaled $53.77 billion. In the first 6 months of 2020, Services has already generated $32.66 billion in revenue, which is 60.75% of 2020's total revenue. Services continue to grow creating a true business segment of reoccurring revenue for AAPL. The beauty of Services is with each piece of hardware AAPL sells; there is an opportunity to generate additional revenue through Services every month.</p><p><blockquote>我相信AAPL将继续看到强劲的硬件销售,但这只是拼图的一部分。服务和可穿戴设备家居和配件正在成为AAPL财务指标的重要组成部分。2018年,服务业创造了397.5亿美元的收入。2019年,服务增加了65.4亿美元(16.46%),全年收入为462.9亿美元。2020年,服务业增长了74.8亿美元(16.15%),总收入达到537.7亿美元。2020年前6个月,服务已经创造了326.6亿美元的收入,占2020年总收入的60.75%。服务持续增长,为AAPL创造了真正的经常性收入业务部门。服务的美妙之处在于AAPL销售的每一件硬件;每个月都有机会通过服务产生额外的收入。</blockquote></p><p> Services are becoming a home run for AAPL as it diversifies its revenue mix away from being solely constructed from physical products. At the close of the fiscal year 2020, Services had increased its annual revenue by $29.42 billion (120.83%) in just 4 years. In the first 6 months of 2021, Services has generated $32.66 billion, which is 60% of 2020's annual revenue. AAPL is on track to crack $60 billion in revenue from Services in the fiscal year 2021. Looking further out, Services could be a $100 billion revenue generator in the not-too-distant future.</p><p><blockquote>服务正在成为AAPL的本垒打,因为它使其收入组合多元化,不再仅仅依靠实体产品构建。截至2020财年结束时,服务业在短短4年内年收入增加了294.2亿美元(120.83%)。2021年前6个月,服务业创造了326.6亿美元,是2020年收入的60%。AAPL有望在2021财年实现600亿美元的服务收入。展望未来,在不久的将来,服务业可能会创造1000亿美元的收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5f044f79f7525038fb94ed27b6a92209\" tg-width=\"640\" tg-height=\"373\"><span>(Source: Steven Fiorillo) (Data Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Steven Fiorillo)(数据来源:苹果)</span></p></blockquote></p><p> Wearables Home and Accessories continues to follow in Service's footsteps as it has become a larger revenue segment than iPad and Mac. With the inception of the Apple Watch, this category has grown from generating $11.13 billion in 2016 to $30.62 billion in 2020. Over 4 fiscal years, Wearables Home and Accessories has increased its revenue by $24.48 billion (175.06%), and its growth keeps expanding. In the first 6 months of 2021, Wearables Home and Accessories have generated $20.81 billion in revenue, which is 67.95% of 2020's total revenue. AAPL is certainly on track to generate $35 billion-plus in revenue from Wearables Home and Accessories in the fiscal year 2021. Over the next several years, AAPL is on track to generate $50 billion in annual revenue from Wearables Home and Accessories.</p><p><blockquote>可穿戴设备家居和配件继续追随Service的脚步,因为它已成为比iPad和Mac更大的收入领域。随着苹果观察的成立,这一类别的收入从2016年的111.3亿美元增长到2020年的306.2亿美元。在4个财年中,可穿戴家居和配件的收入增加了244.8亿美元(175.06%),并且增长不断扩大。2021年前6个月,可穿戴家居和配件已经创造了208.1亿美元的收入,是2020年总收入的67.95%。AAPL肯定有望在2021财年从可穿戴设备家居和配件中创造超过350亿美元的收入。未来几年,AAPL有望从可穿戴设备家居和配件中创造500亿美元的年收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7071ec652302c6cab585fef4c408d65\" tg-width=\"640\" tg-height=\"373\"><span>(Source: Steven Fiorillo) (Data Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:Steven Fiorillo)(数据来源:苹果)</span></p></blockquote></p><p> By the end of the Fiscal Year 2025, there is a good chance that Services can generate more than $78 billion, and Wearables Home and Accessories could generate over $44 billion in annual revenue if they both grow at a 10% rate. These two categories are on pace to exceed $100 billion in revenue combined, which could grow into $150 billion annually in the late 2020s. I am shocked investors haven't been piling into AAPL, and it's even more ludicrous that an emphasis on AAPL's numbers isn't being discussed in greater detail. What's AAPL worth down the road when Services reaches $100 billion in revenue and Wearables Home and Accessories reaches $50 billion? Over the past decade, AAPL has continued to innovate and change how technology is used, and to think their best days are behind them is a notion I refuse to believe.</p><p><blockquote>到2025财年结束时,服务很有可能会产生超过780亿美元的收入,如果两者都以10%的速度增长,可穿戴家居和配件的年收入可能会超过440亿美元。这两个类别的总收入有望超过1000亿美元,到2020年代末,这一数字可能会增长到每年1500亿美元。我对投资者没有涌入苹果公司感到震惊,更可笑的是,没有更详细地讨论对苹果公司数据的强调。当服务业收入达到1000亿美元、可穿戴家居和配件收入达到500亿美元时,AAPL未来的价值是多少?在过去的十年里,AAPL不断创新并改变技术的使用方式,我拒绝相信他们最好的日子已经过去。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62cd231b75d9f875329f6713debe846b\" tg-width=\"640\" tg-height=\"191\"><span>(Source: Apple)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(来源:苹果)</span></p></blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> The meme stocks are causing a lot of excitement for some investors while they leave a whole other group shaking their heads. Other than a gamble, I can't understand why people want to invest in AMC when you could buy shares of AAPL on sale. AAPL should have exploded to the upside, but its 2 recent blowout quarters didn't move the needle. I believe it's going to be different once the Q3 numbers are reported. We're going to find out that once again, AAPL continues to buy shares by the billions while reporting that in 9 months, they have generated more net income than all of 2020. In the first 6 months of operations, AAPL has generated $201.02 billion in revenue and $52.39 billion in net income while giving back $53.2 billion in buybacks and dividends. Investors have been granted an opportunity to buy more AAPL before the next leg up. I am a shareholder of AAPL, and I plan on buying more before Q3 earnings.</p><p><blockquote>迷因股票让一些投资者兴奋不已,同时也让另一群投资者摇头。除了赌博之外,我无法理解当你可以购买AAPL出售的股票时,为什么人们想要投资AMC。苹果公司本应大幅上涨,但其最近两个季度的井喷并没有起到任何作用。我相信一旦第三季度的数据公布,情况就会有所不同。我们将再次发现,AAPL继续购买数十亿美元的股票,同时报告称,在9个月内,他们创造的净利润超过了2020年全年。在运营的前6个月,AAPL创造了2010.2亿美元的收入和523.9亿美元的净利润,同时返还了532亿美元的回购和股息。投资者有机会在下一轮上涨之前买入更多苹果公司。我是AAPL的股东,我计划在第三季度财报公布之前购买更多。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4434600-apple-meme-stocks-or-apple-i-choose-apple-every-time\">seekingalpha</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":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4434600-apple-meme-stocks-or-apple-i-choose-apple-every-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167720481","content_text":"Summary\n\nApple has been a negative investment in 2021 while Meme stocks have exploded which is ridiculous.\nInvestors have been granted an opportunity to purchase Apple before its next leg up while the attention has shifted to chasing the quick buck with Meme stocks.\nApple is on pace to generate more than $300 billion in revenue for fiscal year 2021 and $75 billion in net income.\nEventually Apple will be invested back to the party and their numbers will be celebrated.\n\nNikada/iStock Unreleased via Getty Images\nIn 2021, Apple (AAPL) has become a negative returning investment underperforming the SPDR S&P 500 Trust ETF (SPY) by a margin greater than 15%. In May of 2021, one of the hottest fund managers Cathie Wood of Ark Invest, sold nearly 300,000 shares of AAPL from the ARK Fintech Innovation ETF (ARKF). It was reported that ARK, at one point, was reducing their stake in AAPL to add to their positions in Coinbase (COIN) and DraftKings (DKNG). Actively managed funds such as the one's ARK oversees buy and sell equities daily and could have been using AAPL as an alternative to cash. AAPL has a mixed bag of reviews as some believe its best days are ahead of it while others believe the glory days won't be reclaimed. I think the market is granting investors an opportunity as AAPL should breakout from its sideways pattern in the 2ndhalf of 2021.\nThe market wasn't impressed by the blowout AAPL delivered in Q1 and Q2. Instead of an upside climb supported by fundamentals, shares of AAPL have been treading water. As an AAPL bull, it's perplexing that so much attention is placed on meme stocks instead of companies such as AAPL when it's setting the stage for their best year ever. After reading the comments of the recent articles on MEME stocks, I have written, then looking back at the comment sections of some AAPL articles, I just don't understand how the mindset is shifting to outright speculation & gambling rather than investing. In the first 2 quarters of the fiscal year, 2021 AAPL has generated $3.08 in EPS while the entire 2020 fiscal year delivered $3.31 in EPS. AAPL is solidifying the foundation for its best year ever in many metrics, yet the market isn't impressed. I believe there will be impressive fireworks in the 2ndhalf of 2021, and patient shareholders will be rewarded as Q3 and Q4 numbers are reported.\n(Source: Seeking Alpha)\nApple believes it's the best investment in the market and puts their money where their mouth is\nSo what does AAPL do with all of the cash it generates? For starters, they spend tens of billions annually building out their businesses while investing in research and development [R&D]. In 2020, AAPL spent $169.56 billion on their cost of generating revenue. The fruits of their labor can be seen in their product offerings and how quickly their newest business segments, including services and wearables, Home, and accessories, have grown. AAPL allocated $18.75 billion in 2020 to R&D, generating advancements to their beloved products. One of the reasons AAPL has a cliental that could resemble a cult-like mentality is because AAPL doesn't stop innovating. They are always at the forefront pushing the boundaries of how technology can enhance an individual's daily life.\nSo what about the remaining cash after AAPL's business expenses are fulfilled? AAPL bets on themselves and views their stock as an investment. Since the fiscal year 2012, AAPL has repurchased $421.7 billion in its own stock. In 2021 AAPL has repurchased $43 billion in stock, indicating that senior leadership believes there is tremendous value in owning shares of AAPL. I remember the days where everyone got excited when insiders purchased shares of their company. For AAPL buying back stock is just an ordinary Monday. AAPL has repurchased more in stock over the past decade than most companies will ever see their market caps grow to. AAPL's board authorized an additional $90 billion to its existing share repurchase plan, and AAPL returned almost $23 billion in capital to shareholders in Q2 2021, it doesn't get more bullish than that.\n(Source: Apple)\nMeme stocks vs. Apple and the insanity of this market\nGameStop (GME) and AMC Entertainment Holdings (AMC) have decimated AAPL in share price appreciation throughout the first half of 2021. Regardless of why GME and AMC are up, the fact of the matter is GME has generated a return that exceeds 1,100%, and AMC has returned over 2,000%. Anyone who has ridden GME or AMC up, I congratulate and tip my hat to you. The market is being fueled by delusions of grandeur as AAPL is negative for the year, yet GME & AMC have absolutely exploded to the upside.\n(Source: Seeking Alpha)\nWhat's changed for AMC in the past several months? I can tell you, not a single thing. AMC is still a company that is in the red and barely makes money. I get it investing in companies like AMC can generate huge returns due to volatility, and I am not knocking it. If you can make money on it, by all means, don't let anyone stand in your way but be careful. When you read through AMC's income statement, they have never exceeded $400 million in net income. In the past decade, AMC's most profitable year was 2013, as their net income was $364.4 million. In 2019 which had zero ramifications from COVID, AMC generated $5.47 billion in revenue and couldn't even turn a profit as they lost -$149.1 million. AMC's last quarterly report had -$2.3 billion in equity on its balance sheet. The reality is AMC can issue additional shares and sell them to raise capital. This would benefit AMC by improving its balance sheet and increase its cash on hand. It seems like people don't understand that when a company issues more shares, the initial batch becomes diluted and is worthless because of the additional supply. AMC can issue shares and strengthen its balance sheet, but it won't solve its profit problems. AAPL pays more in dividends to its shareholders every quarter than the profit AMC has generated in the past decade, yet AMC is the stock generating larger returns.\nWhen investors purchase shares of AMC, they are buying a company with negative EPS. AMC's P/E ratio isn't measurable on a trailing twelve-month or a forward basis, yet investors are willing to pay for nonexistent earnings. In the comments of my AMC article, people said fundamentals don't matter. I understand that AMC has been a technical trade, but that doesn't change the reality that investors are paying for a company with negative earnings.Currently, the average PE Ratio for the S&P is 45.02. If I use the EPS AAPL generated in the first 6 months of the fiscal year 2021 of $3.08, their PE Ratio would be 40.55. For the TTM, AAPL has generated $4.49 in EPS, which brings their PE Ratio down to 28.09. Currently, investors are paying $28.09 for every $1 in earnings AAPL generates, which is low for the tech industry.Amazon (AMZN) has a PE of 62.44,Microsoft (MSFT)34.93, and Google (GOOGL)of 32.05. Call me old-fashioned, but I like to invest in companies that turn a profit.\n(Source:multpl.com)\nLaying out the bull case for Apple and why a breakout to the upside is inevitable\nAAPL has a cult-like following that gravitates to its products and services. For the first 6 months of 2021,AAPLhas generated $201.02 billion in revenue, $82.41 billion in gross profit, and $52.39 billion in net income. In 2021 AAPL has already generated 73.23% ($201.02 billion) of 2020's total revenue, then 78.51% of 2020's gross income ($82.41 billion) and 91.25% of 2020's total net income ($52.39 billion). AAPL is on track to decimate its previous records, and unless something unfathomable occurs, 2021 will be AAPL's best year ever.\nSo the real questions are what's causing the surge in AAPL's financials, and are they sustainable? Part of the reason is AAPL has seen an increase in its hardware sales from iPhone 12's down to iPads. An argument can be made that many people needed to upgrade their technology during the pandemic due to working from home or remote learning, but that logic can't be used for 2021. At the end of April, when AAPL reported Q2,their iPhone sales exceeded expectations by $7.14 billion, Mac sales by $2.2 billion, and iPad sales by $2.01 billion. These numbers were a year later, and while the iPhone 12, which was AAPL's first 5G release, was expected to create tailwinds, I believe the pandemic pushed society into a place where a greater emphasis is placed on technology.\nI believe AAPL will continue to see strong hardware sales, but that's only one piece of the puzzle. Services and Wearables Home and Accessories are becoming huge components of AAPL's financial metrics. In 2018 Services generated $39.75 billion in revenue. In 2019 Services increased by $6.54 billion (16.46%) as they finished the year with $46.29 billion in revenue. In 2020 Services grew by $7.48 billion (16.15%) as its revenue totaled $53.77 billion. In the first 6 months of 2020, Services has already generated $32.66 billion in revenue, which is 60.75% of 2020's total revenue. Services continue to grow creating a true business segment of reoccurring revenue for AAPL. The beauty of Services is with each piece of hardware AAPL sells; there is an opportunity to generate additional revenue through Services every month.\nServices are becoming a home run for AAPL as it diversifies its revenue mix away from being solely constructed from physical products. At the close of the fiscal year 2020, Services had increased its annual revenue by $29.42 billion (120.83%) in just 4 years. In the first 6 months of 2021, Services has generated $32.66 billion, which is 60% of 2020's annual revenue. AAPL is on track to crack $60 billion in revenue from Services in the fiscal year 2021. Looking further out, Services could be a $100 billion revenue generator in the not-too-distant future.\n(Source: Steven Fiorillo) (Data Source: Apple)\nWearables Home and Accessories continues to follow in Service's footsteps as it has become a larger revenue segment than iPad and Mac. With the inception of the Apple Watch, this category has grown from generating $11.13 billion in 2016 to $30.62 billion in 2020. Over 4 fiscal years, Wearables Home and Accessories has increased its revenue by $24.48 billion (175.06%), and its growth keeps expanding. In the first 6 months of 2021, Wearables Home and Accessories have generated $20.81 billion in revenue, which is 67.95% of 2020's total revenue. AAPL is certainly on track to generate $35 billion-plus in revenue from Wearables Home and Accessories in the fiscal year 2021. Over the next several years, AAPL is on track to generate $50 billion in annual revenue from Wearables Home and Accessories.\n(Source: Steven Fiorillo) (Data Source: Apple)\nBy the end of the Fiscal Year 2025, there is a good chance that Services can generate more than $78 billion, and Wearables Home and Accessories could generate over $44 billion in annual revenue if they both grow at a 10% rate. These two categories are on pace to exceed $100 billion in revenue combined, which could grow into $150 billion annually in the late 2020s. I am shocked investors haven't been piling into AAPL, and it's even more ludicrous that an emphasis on AAPL's numbers isn't being discussed in greater detail. What's AAPL worth down the road when Services reaches $100 billion in revenue and Wearables Home and Accessories reaches $50 billion? Over the past decade, AAPL has continued to innovate and change how technology is used, and to think their best days are behind them is a notion I refuse to believe.\n(Source: Apple)\nConclusion\nThe meme stocks are causing a lot of excitement for some investors while they leave a whole other group shaking their heads. Other than a gamble, I can't understand why people want to invest in AMC when you could buy shares of AAPL on sale. AAPL should have exploded to the upside, but its 2 recent blowout quarters didn't move the needle. I believe it's going to be different once the Q3 numbers are reported. We're going to find out that once again, AAPL continues to buy shares by the billions while reporting that in 9 months, they have generated more net income than all of 2020. In the first 6 months of operations, AAPL has generated $201.02 billion in revenue and $52.39 billion in net income while giving back $53.2 billion in buybacks and dividends. Investors have been granted an opportunity to buy more AAPL before the next leg up. I am a shareholder of AAPL, and I plan on buying more before Q3 earnings.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187093847,"gmtCreate":1623728646389,"gmtModify":1634029458571,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Buy and hold! Lambo waiting for u","listText":"Buy and hold! Lambo waiting for u","text":"Buy and hold! Lambo waiting for u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187093847","repostId":"1156506261","repostType":4,"repost":{"id":"1156506261","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623726665,"share":"https://www.laohu8.com/m/news/1156506261?lang=zh_CN&edition=full","pubTime":"2021-06-15 11:11","market":"us","language":"en","title":"AMC Shorts Get Smoked Again And Options Traders Hammer Calls<blockquote>AMC空头再次被吸走,期权交易员重创评级</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1156506261","media":"Benzinga","summary":"AMC Entertainment Holdings, Inc. was trading up 22%, at one point, Monday afternoon amid continued r","content":"<p><b>AMC Entertainment Holdings, Inc.</b> was trading up 22%, at one point, Monday afternoon amid continued retail interest in squeezing institutions and hedge funds who have short positions on the stock.</p><p><blockquote><b>AMC院线控股公司。</b>周一下午,由于散户对挤压持有该股空头头寸的机构和对冲基金的兴趣持续浓厚,该股股价一度上涨22%。</blockquote></p><p> Between May 24 and June 2, AMC’s stock skyrocketed 496% to $72.62 before falling 45% to $39.71 where it found a bottom. The stock has since made a run back up and on Monday gapped up just over 4%. The gap left below didn’t scare off traders who came in and immediately purchased shares and options contracts of AMC, which caused the stock to run north even further.</p><p><blockquote>5月24日至6月2日期间,AMC股价飙升496%至72.62美元,随后下跌45%至39.71美元并触底。此后该股反弹,周一跳空上涨略高于4%。下方留下的缺口并没有吓跑进来并立即购买AMC股票和期权合约的交易员,这导致该股进一步向北运行。</blockquote></p><p> Bullish AMC options are betting AMC is in for an even larger squeeze and purchased hundreds of call contracts totally well over $8.68 million.</p><p><blockquote>看涨AMC期权押注AMC将面临更大的挤压,并购买了数百份看涨期权合约,总价值远超868万美元。</blockquote></p><p> <b>Why It’s Important:</b>When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.</p><p><blockquote><b>为什么它很重要:</b>当出现扫单时,表明交易者希望快速建仓,并预计股价即将大幅波动。清扫者为看涨期权期权支付市场价格,而不是出价,清扫多个交易所的订单簿以立即履行订单。</blockquote></p><p> These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.</p><p><blockquote>这些类型的看涨期权期权订单通常由机构发出,散户投资者会发现观察清道夫很有用,因为这表明“聪明的资金”已经建仓。</blockquote></p><p> <b>The AMC Entertainment Option Trades:</b>Below is a look at the notable options alerts, courtesy ofBenzinga Pro:</p><p><blockquote><b>AMC院线期权交易:</b>以下是由Benzinga Pro提供的值得注意的选项警报:</blockquote></p><p> <ul> <li>At 10:25 a.m., Monday a trader executed a call sweep near the ask of 200 AMC Entertainment options with a strike price of $145 expiring on July 16. The trade represented a $148,000 bullish bet for which the trader paid $7.40 per option contract.</li> <li>At 10:36 a.m., a trader executed a call sweep near the ask of 223 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $335,615 bullish bet for which the trader paid $15.05 per option contract.</li> <li>At 10:36 a.m., a trader executed a call sweep near the ask of 321 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $487,920 bullish bet for which the trader paid $15.20 per option contract.</li> <li>At 10:42 a.m., a trader executed a call sweep near the ask of 220 AMC Entertainment options with a strike price of $29 expiring on June 18. The trade represented a $563,200 bullish bet for which the trader paid $25.60 per option contract.</li> <li>At 10:52 a.m., a trader executed a call sweep near the ask of 304 AMC Entertainment options with a strike price of $60 expiring on July 2. The trade represented a $442,320 bullish bet for which the trader paid $14.55 per option contract.</li> <li>At 10:52 a.m., a trader executed a call sweep above the ask of 615 AMC Entertainment options with a strike price of $60 expiring on June 18. The trade represented a $900,975 bullish bet for which the trader paid $14.65 per option contract.</li> <li>At 10:59 a.m., a trader executed a call sweep near the ask of 769 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $1.46 million bullish bet for which the trader paid $19.05 per option contract.</li> <li>At 11:19 a.m., a trader executed a call sweep near the ask of 1461 AMC Entertainment options with a strike price of $85 expiring on June 18. The trade represented a $555,180 bullish bet for which the trader paid $3.80 per option contract.</li> <li>At 11:20 a.m., a trader executed a call sweep near the ask of 719 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $738,413 bullish bet for which the trader paid $10.27 per option contract.</li> <li>At 11:21 a.m., a trader executed a call sweep near the ask of 644 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $669,760 bullish bet for which the trader paid $10.40 per option contract.</li> <li>At 12:51 p.m., a trader executed a call sweep near the ask of 303 AMC Entertainment options with a strike price of $65 expiring on June 18. The trade represented a $209,070 bullish bet for which the trader paid $6.90 per option contract.</li> </ul> <b>AMC Price Action:</b>Shares of AMC Entertainment closed up 15.38% to $57.</p><p><blockquote><ul><li>周一上午10点25分,一名交易员在200份AMC院线期权要价附近执行了看涨期权清仓,执行价为145美元,将于7月16日到期。该交易代表了148,000美元的看涨押注,交易者为每份期权合约支付了7.40美元。</li><li>上午10点36分,一名交易员在223份执行价为40美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了335,615美元的看涨押注,交易者为每份期权合约支付了15.05美元。</li><li>上午10点36分,一名交易员在321份执行价为40美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了487,920美元的看涨押注,交易者为每份期权合约支付了15.20美元。</li><li>上午10点42分,一名交易员在220份执行价为29美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了563,200美元的看涨押注,交易者为每份期权合约支付了25.60美元。</li><li>上午10点52分,一名交易员在304份7月2日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表442,320美元的看涨押注,交易者为每份期权合约支付14.55美元。</li><li>上午10点52分,一名交易员执行了高于615份AMC院线期权要价的看涨期权清仓,执行价格为60美元,将于6月18日到期。该交易代表了900,975美元的看涨押注,交易者为每份期权合约支付了14.65美元。</li><li>上午10点59分,一名交易员在769份执行价为40美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了146万美元的看涨押注,交易者为每份期权合约支付了19.05美元。</li><li>上午11点19分,一名交易员在1461份6月18日到期的AMC院线期权要价附近执行了看涨期权清仓操作,执行价为85美元。该交易代表了555,180美元的看涨押注,交易者为每份期权合约支付了3.80美元。</li><li>上午11点20分,一名交易员在719份执行价为55美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了738,413美元的看涨押注,交易者为每份期权合约支付了10.27美元。</li><li>上午11点21分,一名交易员在644份6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓操作,执行价为55美元。该交易代表了669,760美元的看涨押注,交易者为每份期权合约支付了10.40美元。</li><li>中午12点51分,一名交易员在303份AMC院线期权的要价附近执行了看涨期权清仓,执行价格为65美元,将于6月18日到期。该交易代表了209,070美元的看涨押注,交易者为每份期权合约支付了6.90美元。</li></ul><b>AMC价格走势:</b>AMC院线股价收盘上涨15.38%,至57美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Shorts Get Smoked Again And Options Traders Hammer Calls<blockquote>AMC空头再次被吸走,期权交易员重创评级</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-06-15 11:11</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>AMC Entertainment Holdings, Inc.</b> was trading up 22%, at one point, Monday afternoon amid continued retail interest in squeezing institutions and hedge funds who have short positions on the stock.</p><p><blockquote><b>AMC院线控股公司。</b>周一下午,由于散户对挤压持有该股空头头寸的机构和对冲基金的兴趣持续浓厚,该股股价一度上涨22%。</blockquote></p><p> Between May 24 and June 2, AMC’s stock skyrocketed 496% to $72.62 before falling 45% to $39.71 where it found a bottom. The stock has since made a run back up and on Monday gapped up just over 4%. The gap left below didn’t scare off traders who came in and immediately purchased shares and options contracts of AMC, which caused the stock to run north even further.</p><p><blockquote>5月24日至6月2日期间,AMC股价飙升496%至72.62美元,随后下跌45%至39.71美元并触底。此后该股反弹,周一跳空上涨略高于4%。下方留下的缺口并没有吓跑进来并立即购买AMC股票和期权合约的交易员,这导致该股进一步向北运行。</blockquote></p><p> Bullish AMC options are betting AMC is in for an even larger squeeze and purchased hundreds of call contracts totally well over $8.68 million.</p><p><blockquote>看涨AMC期权押注AMC将面临更大的挤压,并购买了数百份看涨期权合约,总价值远超868万美元。</blockquote></p><p> <b>Why It’s Important:</b>When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.</p><p><blockquote><b>为什么它很重要:</b>当出现扫单时,表明交易者希望快速建仓,并预计股价即将大幅波动。清扫者为看涨期权期权支付市场价格,而不是出价,清扫多个交易所的订单簿以立即履行订单。</blockquote></p><p> These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.</p><p><blockquote>这些类型的看涨期权期权订单通常由机构发出,散户投资者会发现观察清道夫很有用,因为这表明“聪明的资金”已经建仓。</blockquote></p><p> <b>The AMC Entertainment Option Trades:</b>Below is a look at the notable options alerts, courtesy ofBenzinga Pro:</p><p><blockquote><b>AMC院线期权交易:</b>以下是由Benzinga Pro提供的值得注意的选项警报:</blockquote></p><p> <ul> <li>At 10:25 a.m., Monday a trader executed a call sweep near the ask of 200 AMC Entertainment options with a strike price of $145 expiring on July 16. The trade represented a $148,000 bullish bet for which the trader paid $7.40 per option contract.</li> <li>At 10:36 a.m., a trader executed a call sweep near the ask of 223 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $335,615 bullish bet for which the trader paid $15.05 per option contract.</li> <li>At 10:36 a.m., a trader executed a call sweep near the ask of 321 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $487,920 bullish bet for which the trader paid $15.20 per option contract.</li> <li>At 10:42 a.m., a trader executed a call sweep near the ask of 220 AMC Entertainment options with a strike price of $29 expiring on June 18. The trade represented a $563,200 bullish bet for which the trader paid $25.60 per option contract.</li> <li>At 10:52 a.m., a trader executed a call sweep near the ask of 304 AMC Entertainment options with a strike price of $60 expiring on July 2. The trade represented a $442,320 bullish bet for which the trader paid $14.55 per option contract.</li> <li>At 10:52 a.m., a trader executed a call sweep above the ask of 615 AMC Entertainment options with a strike price of $60 expiring on June 18. The trade represented a $900,975 bullish bet for which the trader paid $14.65 per option contract.</li> <li>At 10:59 a.m., a trader executed a call sweep near the ask of 769 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $1.46 million bullish bet for which the trader paid $19.05 per option contract.</li> <li>At 11:19 a.m., a trader executed a call sweep near the ask of 1461 AMC Entertainment options with a strike price of $85 expiring on June 18. The trade represented a $555,180 bullish bet for which the trader paid $3.80 per option contract.</li> <li>At 11:20 a.m., a trader executed a call sweep near the ask of 719 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $738,413 bullish bet for which the trader paid $10.27 per option contract.</li> <li>At 11:21 a.m., a trader executed a call sweep near the ask of 644 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $669,760 bullish bet for which the trader paid $10.40 per option contract.</li> <li>At 12:51 p.m., a trader executed a call sweep near the ask of 303 AMC Entertainment options with a strike price of $65 expiring on June 18. The trade represented a $209,070 bullish bet for which the trader paid $6.90 per option contract.</li> </ul> <b>AMC Price Action:</b>Shares of AMC Entertainment closed up 15.38% to $57.</p><p><blockquote><ul><li>周一上午10点25分,一名交易员在200份AMC院线期权要价附近执行了看涨期权清仓,执行价为145美元,将于7月16日到期。该交易代表了148,000美元的看涨押注,交易者为每份期权合约支付了7.40美元。</li><li>上午10点36分,一名交易员在223份执行价为40美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了335,615美元的看涨押注,交易者为每份期权合约支付了15.05美元。</li><li>上午10点36分,一名交易员在321份执行价为40美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了487,920美元的看涨押注,交易者为每份期权合约支付了15.20美元。</li><li>上午10点42分,一名交易员在220份执行价为29美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了563,200美元的看涨押注,交易者为每份期权合约支付了25.60美元。</li><li>上午10点52分,一名交易员在304份7月2日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表442,320美元的看涨押注,交易者为每份期权合约支付14.55美元。</li><li>上午10点52分,一名交易员执行了高于615份AMC院线期权要价的看涨期权清仓,执行价格为60美元,将于6月18日到期。该交易代表了900,975美元的看涨押注,交易者为每份期权合约支付了14.65美元。</li><li>上午10点59分,一名交易员在769份执行价为40美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了146万美元的看涨押注,交易者为每份期权合约支付了19.05美元。</li><li>上午11点19分,一名交易员在1461份6月18日到期的AMC院线期权要价附近执行了看涨期权清仓操作,执行价为85美元。该交易代表了555,180美元的看涨押注,交易者为每份期权合约支付了3.80美元。</li><li>上午11点20分,一名交易员在719份执行价为55美元、将于6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓。该交易代表了738,413美元的看涨押注,交易者为每份期权合约支付了10.27美元。</li><li>上午11点21分,一名交易员在644份6月18日到期的AMC院线期权的要价附近执行了看涨期权清仓操作,执行价为55美元。该交易代表了669,760美元的看涨押注,交易者为每份期权合约支付了10.40美元。</li><li>中午12点51分,一名交易员在303份AMC院线期权的要价附近执行了看涨期权清仓,执行价格为65美元,将于6月18日到期。该交易代表了209,070美元的看涨押注,交易者为每份期权合约支付了6.90美元。</li></ul><b>AMC价格走势:</b>AMC院线股价收盘上涨15.38%,至57美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156506261","content_text":"AMC Entertainment Holdings, Inc. was trading up 22%, at one point, Monday afternoon amid continued retail interest in squeezing institutions and hedge funds who have short positions on the stock.\nBetween May 24 and June 2, AMC’s stock skyrocketed 496% to $72.62 before falling 45% to $39.71 where it found a bottom. The stock has since made a run back up and on Monday gapped up just over 4%. The gap left below didn’t scare off traders who came in and immediately purchased shares and options contracts of AMC, which caused the stock to run north even further.\nBullish AMC options are betting AMC is in for an even larger squeeze and purchased hundreds of call contracts totally well over $8.68 million.\nWhy It’s Important:When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.\nThese types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.\nThe AMC Entertainment Option Trades:Below is a look at the notable options alerts, courtesy ofBenzinga Pro:\n\nAt 10:25 a.m., Monday a trader executed a call sweep near the ask of 200 AMC Entertainment options with a strike price of $145 expiring on July 16. The trade represented a $148,000 bullish bet for which the trader paid $7.40 per option contract.\nAt 10:36 a.m., a trader executed a call sweep near the ask of 223 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $335,615 bullish bet for which the trader paid $15.05 per option contract.\nAt 10:36 a.m., a trader executed a call sweep near the ask of 321 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $487,920 bullish bet for which the trader paid $15.20 per option contract.\nAt 10:42 a.m., a trader executed a call sweep near the ask of 220 AMC Entertainment options with a strike price of $29 expiring on June 18. The trade represented a $563,200 bullish bet for which the trader paid $25.60 per option contract.\nAt 10:52 a.m., a trader executed a call sweep near the ask of 304 AMC Entertainment options with a strike price of $60 expiring on July 2. The trade represented a $442,320 bullish bet for which the trader paid $14.55 per option contract.\nAt 10:52 a.m., a trader executed a call sweep above the ask of 615 AMC Entertainment options with a strike price of $60 expiring on June 18. The trade represented a $900,975 bullish bet for which the trader paid $14.65 per option contract.\nAt 10:59 a.m., a trader executed a call sweep near the ask of 769 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $1.46 million bullish bet for which the trader paid $19.05 per option contract.\nAt 11:19 a.m., a trader executed a call sweep near the ask of 1461 AMC Entertainment options with a strike price of $85 expiring on June 18. The trade represented a $555,180 bullish bet for which the trader paid $3.80 per option contract.\nAt 11:20 a.m., a trader executed a call sweep near the ask of 719 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $738,413 bullish bet for which the trader paid $10.27 per option contract.\nAt 11:21 a.m., a trader executed a call sweep near the ask of 644 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $669,760 bullish bet for which the trader paid $10.40 per option contract.\nAt 12:51 p.m., a trader executed a call sweep near the ask of 303 AMC Entertainment options with a strike price of $65 expiring on June 18. The trade represented a $209,070 bullish bet for which the trader paid $6.90 per option contract.\n\nAMC Price Action:Shares of AMC Entertainment closed up 15.38% to $57.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185142457,"gmtCreate":1623638468179,"gmtModify":1634030820034,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579096500575753","authorIdStr":"3579096500575753"},"themes":[],"htmlText":"Both","listText":"Both","text":"Both","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/185142457","repostId":"1180874867","repostType":4,"repost":{"id":"1180874867","kind":"news","pubTimestamp":1623635718,"share":"https://www.laohu8.com/m/news/1180874867?lang=zh_CN&edition=full","pubTime":"2021-06-14 09:55","market":"us","language":"en","title":"Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?<blockquote>Palantir与C3.ai:哪个是更好的人工智能股票?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1180874867","media":"Motley Fool","summary":"One is controversial; the other is exposed to more macro headwinds.","content":"<p><b>Palantir</b> (NYSE:PLTR) and <b>C3.ai</b> (NYSE:AI) both help organizations and companies crunch data with AI-powered tools.</p><p><blockquote><b>Palantir</b>(纽约证券交易所代码:PLTR)和<b>C3.人工智能</b>(纽约证券交易所股票代码:AI)都帮助组织和公司使用人工智能工具处理数据。</blockquote></p><p> Palantir, which generates more than half its revenue from government contracts, wants its Gotham platform to become the \"default operating system for data\" across the U.S. government. Its Foundry platform provides data-mining tools to large commercial customers.</p><p><blockquote>Palantir一半以上的收入来自政府合同,它希望其Gotham平台成为美国政府的“数据默认操作系统”。其代工平台为大型商业客户提供数据挖掘工具。</blockquote></p><p> C3.ai serves a wide range of clients across the commercial, industrial, and government sectors. It generates most of its revenue from energy giants like <b>Baker Hughes</b> and <b>ENGIE</b>.</p><p><blockquote>C3.ai为商业、工业和政府部门的广泛客户提供服务。它的大部分收入来自能源巨头,例如<b>贝克休斯</b>和<b>ENGIE</b>.</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0f7a2339e0b8de3ba56318f8cab73d4\" tg-width=\"2000\" tg-height=\"1076\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> Palantir -- which went public via a direct listing last September -- started trading at $10 per share, surged to the high $30s in February, and now trades in the mid-$20s. C3.ai went public at $42 per share via an IPO last December, opened at $100 on the first day, but now trades in the low $60s.</p><p><blockquote>Palantir去年9月通过直接上市上市,开始交易价格为每股10美元,2月份飙升至30美元的高位,目前交易价格为20美元左右。C3.ai去年12月通过IPO以每股42美元的价格上市,首日开盘价为100美元,但现在交易价格在60美元左右。</blockquote></p><p> Both stocks have underperformed the S&P 500 this year as investors have been moving from growth to value stocks, but is one of these companies a better long-term play on the booming AI market?</p><p><blockquote>随着投资者从成长型股票转向价值型股票,这两只股票今年的表现都逊于标普500,但在蓬勃发展的人工智能市场上,这些公司之一是否是更好的长期投资呢?</blockquote></p><p> <b>The differences between Palantir and C3.ai</b></p><p><blockquote><b>Palantir和C3.ai的区别</b></blockquote></p><p> Palantir, which is named after the all-seeing orbs from<i>The Lord of the Ring</i>s, helps organizations accumulate data on individuals from disparate sources, then processes it with algorithms to make data-driven decisions.</p><p><blockquote>Palantir,以全视球体命名<i>指环王</i>s,帮助组织从不同来源积累个人数据,然后用算法处理这些数据以做出数据驱动的决策。</blockquote></p><p> Palantir's biggest customer is the U.S. government, and its tools are used by the CIA, FBI, ICE, and all branches of the military. Its technology was reportedly used to hunt down Osama bin Laden in 2011, but it was also used by ICE in recent years to locate and deport undocumented immigrants.</p><p><blockquote>Palantir最大的客户是美国政府,其工具被CIA、FBI、ICE和军队的所有部门使用。据报道,它的技术在2011年被用来追捕奥萨马·本·拉登,但近年来也被ICE用来定位和驱逐无证移民。</blockquote></p><p> C3.ai initially only served energy companies before expanding into other markets. Unlike Palantir, which gathers data from external and internal sources, C3.ai mainly uses a company's internal operations.</p><p><blockquote>C3.ai最初只服务于能源公司,然后扩展到其他市场。与Palantir从外部和内部来源收集数据不同,C3.ai主要使用公司的内部运营。</blockquote></p><p> C3.ai's algorithms can schedule maintenance routines, detect fraud, optimize inventories, and improve CRM (customer relationship management) systems. In short, it's a lot less controversial bet than Palantir.</p><p><blockquote>C3.ai的算法可以安排日常维护、检测欺诈、优化库存和改进CRM(客户关系管理)系统。简而言之,这是一个比Palantir争议小得多的赌注。</blockquote></p><p> <b>How fast is Palantir growing?</b></p><p><blockquote><b>Palantir的增长速度有多快?</b></blockquote></p><p> Palantir's revenue increased 47% to $1.1 billion in 2020. Its government revenue rose 77% as its commercial revenue grew 22%.</p><p><blockquote>Palantir的收入在2020年增长了47%,达到11亿美元。其政府收入增长77%,商业收入增长22%。</blockquote></p><p> It expanded its government contracts with the FDA, U.S. Army, and U.S. Air Force, and its commercial business attracted big customers including <b>Rio Tinto</b>,<b>PG&E</b>, and <b>BP</b>. Its adjusted gross and operating margins expanded, but it still posted a net loss of $1.2 billion -- compared to a loss of $580 million in 2019.</p><p><blockquote>它扩大了与FDA、美国陆军和美国的政府合同。空军,其商业业务吸引了包括<b>力拓</b>,<b>宝洁公司</b>,和<b>BP</b>.其调整后的毛利率和营业利润率有所扩大,但仍录得12亿美元的净亏损,而2019年的亏损为5.8亿美元。</blockquote></p><p> In the first quarter of 2021, Palantir's revenue rose 49% year-over-year to $341 million, with 76% growth in its government business and 19% growth in its commercial business. Its adjusted gross and operating margins expanded again, but its net loss again widened, from $54.3 million to $123.5 million. On the bright side, its adjusted EBITDA turned positive with a profit of $119.8 million -- but that excludes its stock-based compensation and a lot of \"one time\" expenses.</p><p><blockquote>2021年第一季度,Palantir的收入同比增长49%至3.41亿美元,其中政府业务增长76%,商业业务增长19%。其调整后的毛利率和营业利润率再次扩大,但净亏损再次扩大,从5430万美元扩大到1.235亿美元。好的一面是,其调整后EBITDA转为正值,利润为1.198亿美元,但这不包括其基于股票的薪酬和大量“一次性”费用。</blockquote></p><p> Wall Street expects Palantir's revenue to rise 35% this year, while the company expects its annual revenue to increase more than 30% every year through 2025. That confident outlook indicates a belief that its government business will remain stable as it gradually gains more commercial customers, but the company could remain steeped in controversy about data-gathering and deeply unprofitable for years to come.</p><p><blockquote>华尔街预计Palantir今年的收入将增长35%,而该公司预计到2025年,其年收入将每年增长30%以上。这种自信的前景表明,随着逐渐获得更多商业客户,人们相信其政府业务将保持稳定,但该公司可能仍沉浸在有关数据收集的争议中,并且在未来几年将严重无利可图。</blockquote></p><p> <b>How fast is C3.ai growing?</b></p><p><blockquote><b>C3.ai的增长有多快?</b></blockquote></p><p> C3.ai's revenue rose 17% to $183.2 million in fiscal 2021, which ended in April. That marked a significant slowdown from its 71% growth in 2020, mainly due to pandemic-related disruptions of the energy and industrial sectors.</p><p><blockquote>截至4月份的2021财年,C3.ai的收入增长了17%,达到1.832亿美元。这比2020年71%的增长显着放缓,主要是由于能源和工业部门与大流行相关的中断。</blockquote></p><p> Its average contract value also decreased from $12.1 million in 2020 to $7.2 million in 2021, even as it initiated new enterprise AI projects with big customers like <b>3M</b>,<b>Consolidated Edison</b>,<b>Shell</b>, and the New York Power Authority. But its total number of customers rose 82% to 89 at the end of the year, which indicates its business could recover quickly after the pandemic ends. It expects its revenue to increase 33% to 35% in the current fiscal year.</p><p><blockquote>其平均合同价值也从2020年的1210万美元下降到2021年的720万美元,尽管它与大客户如<b>3M</b>,<b>联合爱迪生</b>,<b>壳牌</b>和纽约电力局。但到年底,其客户总数增长了82%,达到89家,这表明疫情结束后其业务可能会迅速恢复。预计本财年收入将增长33%至35%。</blockquote></p><p> C3.ai's adjusted gross margin stayed flat in fiscal 2021 as its operating margin remained in the red, but its net loss narrowed year-over-year from $69.4 million to $55.7 million. It doesn't calculate its profits in adjusted EBITDA terms, and analysts expect it to stay unprofitable for the foreseeable future.</p><p><blockquote>由于营业利润率仍处于亏损状态,C3.ai的调整后毛利率在2021财年持平,但净亏损同比从6940万美元收窄至5570万美元。它没有以调整后的EBITDA计算利润,分析师预计在可预见的未来,它将保持无利可图。</blockquote></p><p> <b>The valuations and verdict</b></p><p><blockquote><b>估值及判决</b></blockquote></p><p></p><p> Palantir and C3.ai trade at 31 and 26 times this year's sales, respectively. Those high price-to-sales ratios indicate neither stock is cheap in this market, especially as investors rotate from growth to value stocks.</p><p><blockquote>Palantir和C3.ai的交易价格分别是今年销售额的31倍和26倍。这些高市销率表明这两只股票在这个市场上都不便宜,特别是当投资者从成长型股票转向价值型股票时。</blockquote></p><p> That said, it makes more sense to invest in the company that is more dependent on stable government customers than the one that relies heavily on the macro-sensitive energy and industrial sectors. It also makes more sense to invest in the company with superior revenue growth if both stocks are trading at comparable price-to-sales ratios.</p><p><blockquote>也就是说,投资更依赖稳定政府客户的公司比投资严重依赖宏观敏感的能源和工业部门的公司更有意义。如果两只股票的市销率相当,那么投资收入增长优异的公司也更有意义。</blockquote></p><p> Therefore, Palantir might be more controversial than C3.ai, but I believe it's the better growth play in the AI market. C3.ai's long-term prospects still look bright, but its stock remains too expensive relative to its growth.</p><p><blockquote>因此,Palantir可能比C3.ai更具争议,但我相信它是人工智能市场上更好的增长游戏。C3.ai的长期前景看起来仍然光明,但相对于其增长而言,其股票仍然过于昂贵。</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>Palantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?<blockquote>Palantir与C3.ai:哪个是更好的人工智能股票?</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\">\nPalantir vs. C3.ai: Which Is the Better Artificial Intelligence Stock?<blockquote>Palantir与C3.ai:哪个是更好的人工智能股票?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-06-14 09:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Palantir</b> (NYSE:PLTR) and <b>C3.ai</b> (NYSE:AI) both help organizations and companies crunch data with AI-powered tools.</p><p><blockquote><b>Palantir</b>(纽约证券交易所代码:PLTR)和<b>C3.人工智能</b>(纽约证券交易所股票代码:AI)都帮助组织和公司使用人工智能工具处理数据。</blockquote></p><p> Palantir, which generates more than half its revenue from government contracts, wants its Gotham platform to become the \"default operating system for data\" across the U.S. government. Its Foundry platform provides data-mining tools to large commercial customers.</p><p><blockquote>Palantir一半以上的收入来自政府合同,它希望其Gotham平台成为美国政府的“数据默认操作系统”。其代工平台为大型商业客户提供数据挖掘工具。</blockquote></p><p> C3.ai serves a wide range of clients across the commercial, industrial, and government sectors. It generates most of its revenue from energy giants like <b>Baker Hughes</b> and <b>ENGIE</b>.</p><p><blockquote>C3.ai为商业、工业和政府部门的广泛客户提供服务。它的大部分收入来自能源巨头,例如<b>贝克休斯</b>和<b>ENGIE</b>.</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0f7a2339e0b8de3ba56318f8cab73d4\" tg-width=\"2000\" tg-height=\"1076\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> Palantir -- which went public via a direct listing last September -- started trading at $10 per share, surged to the high $30s in February, and now trades in the mid-$20s. C3.ai went public at $42 per share via an IPO last December, opened at $100 on the first day, but now trades in the low $60s.</p><p><blockquote>Palantir去年9月通过直接上市上市,开始交易价格为每股10美元,2月份飙升至30美元的高位,目前交易价格为20美元左右。C3.ai去年12月通过IPO以每股42美元的价格上市,首日开盘价为100美元,但现在交易价格在60美元左右。</blockquote></p><p> Both stocks have underperformed the S&P 500 this year as investors have been moving from growth to value stocks, but is one of these companies a better long-term play on the booming AI market?</p><p><blockquote>随着投资者从成长型股票转向价值型股票,这两只股票今年的表现都逊于标普500,但在蓬勃发展的人工智能市场上,这些公司之一是否是更好的长期投资呢?</blockquote></p><p> <b>The differences between Palantir and C3.ai</b></p><p><blockquote><b>Palantir和C3.ai的区别</b></blockquote></p><p> Palantir, which is named after the all-seeing orbs from<i>The Lord of the Ring</i>s, helps organizations accumulate data on individuals from disparate sources, then processes it with algorithms to make data-driven decisions.</p><p><blockquote>Palantir,以全视球体命名<i>指环王</i>s,帮助组织从不同来源积累个人数据,然后用算法处理这些数据以做出数据驱动的决策。</blockquote></p><p> Palantir's biggest customer is the U.S. government, and its tools are used by the CIA, FBI, ICE, and all branches of the military. Its technology was reportedly used to hunt down Osama bin Laden in 2011, but it was also used by ICE in recent years to locate and deport undocumented immigrants.</p><p><blockquote>Palantir最大的客户是美国政府,其工具被CIA、FBI、ICE和军队的所有部门使用。据报道,它的技术在2011年被用来追捕奥萨马·本·拉登,但近年来也被ICE用来定位和驱逐无证移民。</blockquote></p><p> C3.ai initially only served energy companies before expanding into other markets. Unlike Palantir, which gathers data from external and internal sources, C3.ai mainly uses a company's internal operations.</p><p><blockquote>C3.ai最初只服务于能源公司,然后扩展到其他市场。与Palantir从外部和内部来源收集数据不同,C3.ai主要使用公司的内部运营。</blockquote></p><p> C3.ai's algorithms can schedule maintenance routines, detect fraud, optimize inventories, and improve CRM (customer relationship management) systems. In short, it's a lot less controversial bet than Palantir.</p><p><blockquote>C3.ai的算法可以安排日常维护、检测欺诈、优化库存和改进CRM(客户关系管理)系统。简而言之,这是一个比Palantir争议小得多的赌注。</blockquote></p><p> <b>How fast is Palantir growing?</b></p><p><blockquote><b>Palantir的增长速度有多快?</b></blockquote></p><p> Palantir's revenue increased 47% to $1.1 billion in 2020. Its government revenue rose 77% as its commercial revenue grew 22%.</p><p><blockquote>Palantir的收入在2020年增长了47%,达到11亿美元。其政府收入增长77%,商业收入增长22%。</blockquote></p><p> It expanded its government contracts with the FDA, U.S. Army, and U.S. Air Force, and its commercial business attracted big customers including <b>Rio Tinto</b>,<b>PG&E</b>, and <b>BP</b>. Its adjusted gross and operating margins expanded, but it still posted a net loss of $1.2 billion -- compared to a loss of $580 million in 2019.</p><p><blockquote>它扩大了与FDA、美国陆军和美国的政府合同。空军,其商业业务吸引了包括<b>力拓</b>,<b>宝洁公司</b>,和<b>BP</b>.其调整后的毛利率和营业利润率有所扩大,但仍录得12亿美元的净亏损,而2019年的亏损为5.8亿美元。</blockquote></p><p> In the first quarter of 2021, Palantir's revenue rose 49% year-over-year to $341 million, with 76% growth in its government business and 19% growth in its commercial business. Its adjusted gross and operating margins expanded again, but its net loss again widened, from $54.3 million to $123.5 million. On the bright side, its adjusted EBITDA turned positive with a profit of $119.8 million -- but that excludes its stock-based compensation and a lot of \"one time\" expenses.</p><p><blockquote>2021年第一季度,Palantir的收入同比增长49%至3.41亿美元,其中政府业务增长76%,商业业务增长19%。其调整后的毛利率和营业利润率再次扩大,但净亏损再次扩大,从5430万美元扩大到1.235亿美元。好的一面是,其调整后EBITDA转为正值,利润为1.198亿美元,但这不包括其基于股票的薪酬和大量“一次性”费用。</blockquote></p><p> Wall Street expects Palantir's revenue to rise 35% this year, while the company expects its annual revenue to increase more than 30% every year through 2025. That confident outlook indicates a belief that its government business will remain stable as it gradually gains more commercial customers, but the company could remain steeped in controversy about data-gathering and deeply unprofitable for years to come.</p><p><blockquote>华尔街预计Palantir今年的收入将增长35%,而该公司预计到2025年,其年收入将每年增长30%以上。这种自信的前景表明,随着逐渐获得更多商业客户,人们相信其政府业务将保持稳定,但该公司可能仍沉浸在有关数据收集的争议中,并且在未来几年将严重无利可图。</blockquote></p><p> <b>How fast is C3.ai growing?</b></p><p><blockquote><b>C3.ai的增长有多快?</b></blockquote></p><p> C3.ai's revenue rose 17% to $183.2 million in fiscal 2021, which ended in April. That marked a significant slowdown from its 71% growth in 2020, mainly due to pandemic-related disruptions of the energy and industrial sectors.</p><p><blockquote>截至4月份的2021财年,C3.ai的收入增长了17%,达到1.832亿美元。这比2020年71%的增长显着放缓,主要是由于能源和工业部门与大流行相关的中断。</blockquote></p><p> Its average contract value also decreased from $12.1 million in 2020 to $7.2 million in 2021, even as it initiated new enterprise AI projects with big customers like <b>3M</b>,<b>Consolidated Edison</b>,<b>Shell</b>, and the New York Power Authority. But its total number of customers rose 82% to 89 at the end of the year, which indicates its business could recover quickly after the pandemic ends. It expects its revenue to increase 33% to 35% in the current fiscal year.</p><p><blockquote>其平均合同价值也从2020年的1210万美元下降到2021年的720万美元,尽管它与大客户如<b>3M</b>,<b>联合爱迪生</b>,<b>壳牌</b>和纽约电力局。但到年底,其客户总数增长了82%,达到89家,这表明疫情结束后其业务可能会迅速恢复。预计本财年收入将增长33%至35%。</blockquote></p><p> C3.ai's adjusted gross margin stayed flat in fiscal 2021 as its operating margin remained in the red, but its net loss narrowed year-over-year from $69.4 million to $55.7 million. It doesn't calculate its profits in adjusted EBITDA terms, and analysts expect it to stay unprofitable for the foreseeable future.</p><p><blockquote>由于营业利润率仍处于亏损状态,C3.ai的调整后毛利率在2021财年持平,但净亏损同比从6940万美元收窄至5570万美元。它没有以调整后的EBITDA计算利润,分析师预计在可预见的未来,它将保持无利可图。</blockquote></p><p> <b>The valuations and verdict</b></p><p><blockquote><b>估值及判决</b></blockquote></p><p></p><p> Palantir and C3.ai trade at 31 and 26 times this year's sales, respectively. Those high price-to-sales ratios indicate neither stock is cheap in this market, especially as investors rotate from growth to value stocks.</p><p><blockquote>Palantir和C3.ai的交易价格分别是今年销售额的31倍和26倍。这些高市销率表明这两只股票在这个市场上都不便宜,特别是当投资者从成长型股票转向价值型股票时。</blockquote></p><p> That said, it makes more sense to invest in the company that is more dependent on stable government customers than the one that relies heavily on the macro-sensitive energy and industrial sectors. It also makes more sense to invest in the company with superior revenue growth if both stocks are trading at comparable price-to-sales ratios.</p><p><blockquote>也就是说,投资更依赖稳定政府客户的公司比投资严重依赖宏观敏感的能源和工业部门的公司更有意义。如果两只股票的市销率相当,那么投资收入增长优异的公司也更有意义。</blockquote></p><p> Therefore, Palantir might be more controversial than C3.ai, but I believe it's the better growth play in the AI market. C3.ai's long-term prospects still look bright, but its stock remains too expensive relative to its growth.</p><p><blockquote>因此,Palantir可能比C3.ai更具争议,但我相信它是人工智能市场上更好的增长游戏。C3.ai的长期前景看起来仍然光明,但相对于其增长而言,其股票仍然过于昂贵。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/\">Motley Fool</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":{"PLTR":"Palantir Technologies Inc.","AI":"C3.ai, Inc."},"source_url":"https://www.fool.com/investing/2021/06/13/palantir-vs-c3ai-which-is-the-better-artificial-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180874867","content_text":"Palantir (NYSE:PLTR) and C3.ai (NYSE:AI) both help organizations and companies crunch data with AI-powered tools.\nPalantir, which generates more than half its revenue from government contracts, wants its Gotham platform to become the \"default operating system for data\" across the U.S. government. Its Foundry platform provides data-mining tools to large commercial customers.\nC3.ai serves a wide range of clients across the commercial, industrial, and government sectors. It generates most of its revenue from energy giants like Baker Hughes and ENGIE.\nIMAGE SOURCE: GETTY IMAGES.\nPalantir -- which went public via a direct listing last September -- started trading at $10 per share, surged to the high $30s in February, and now trades in the mid-$20s. C3.ai went public at $42 per share via an IPO last December, opened at $100 on the first day, but now trades in the low $60s.\nBoth stocks have underperformed the S&P 500 this year as investors have been moving from growth to value stocks, but is one of these companies a better long-term play on the booming AI market?\nThe differences between Palantir and C3.ai\nPalantir, which is named after the all-seeing orbs fromThe Lord of the Rings, helps organizations accumulate data on individuals from disparate sources, then processes it with algorithms to make data-driven decisions.\nPalantir's biggest customer is the U.S. government, and its tools are used by the CIA, FBI, ICE, and all branches of the military. Its technology was reportedly used to hunt down Osama bin Laden in 2011, but it was also used by ICE in recent years to locate and deport undocumented immigrants.\nC3.ai initially only served energy companies before expanding into other markets. Unlike Palantir, which gathers data from external and internal sources, C3.ai mainly uses a company's internal operations.\nC3.ai's algorithms can schedule maintenance routines, detect fraud, optimize inventories, and improve CRM (customer relationship management) systems. In short, it's a lot less controversial bet than Palantir.\nHow fast is Palantir growing?\nPalantir's revenue increased 47% to $1.1 billion in 2020. Its government revenue rose 77% as its commercial revenue grew 22%.\nIt expanded its government contracts with the FDA, U.S. Army, and U.S. Air Force, and its commercial business attracted big customers including Rio Tinto,PG&E, and BP. Its adjusted gross and operating margins expanded, but it still posted a net loss of $1.2 billion -- compared to a loss of $580 million in 2019.\nIn the first quarter of 2021, Palantir's revenue rose 49% year-over-year to $341 million, with 76% growth in its government business and 19% growth in its commercial business. Its adjusted gross and operating margins expanded again, but its net loss again widened, from $54.3 million to $123.5 million. On the bright side, its adjusted EBITDA turned positive with a profit of $119.8 million -- but that excludes its stock-based compensation and a lot of \"one time\" expenses.\nWall Street expects Palantir's revenue to rise 35% this year, while the company expects its annual revenue to increase more than 30% every year through 2025. That confident outlook indicates a belief that its government business will remain stable as it gradually gains more commercial customers, but the company could remain steeped in controversy about data-gathering and deeply unprofitable for years to come.\nHow fast is C3.ai growing?\nC3.ai's revenue rose 17% to $183.2 million in fiscal 2021, which ended in April. That marked a significant slowdown from its 71% growth in 2020, mainly due to pandemic-related disruptions of the energy and industrial sectors.\nIts average contract value also decreased from $12.1 million in 2020 to $7.2 million in 2021, even as it initiated new enterprise AI projects with big customers like 3M,Consolidated Edison,Shell, and the New York Power Authority. But its total number of customers rose 82% to 89 at the end of the year, which indicates its business could recover quickly after the pandemic ends. It expects its revenue to increase 33% to 35% in the current fiscal year.\nC3.ai's adjusted gross margin stayed flat in fiscal 2021 as its operating margin remained in the red, but its net loss narrowed year-over-year from $69.4 million to $55.7 million. It doesn't calculate its profits in adjusted EBITDA terms, and analysts expect it to stay unprofitable for the foreseeable future.\nThe valuations and verdict\nPalantir and C3.ai trade at 31 and 26 times this year's sales, respectively. Those high price-to-sales ratios indicate neither stock is cheap in this market, especially as investors rotate from growth to value stocks.\nThat said, it makes more sense to invest in the company that is more dependent on stable government customers than the one that relies heavily on the macro-sensitive energy and industrial sectors. It also makes more sense to invest in the company with superior revenue growth if both stocks are trading at comparable price-to-sales ratios.\nTherefore, Palantir might be more controversial than C3.ai, but I believe it's the better growth play in the AI market. C3.ai's long-term prospects still look bright, but its stock remains too expensive relative to its growth.","news_type":1,"symbols_score_info":{"PLTR":0.9,"AI":0.9}},"isVote":1,"tweetType":1,"viewCount":671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":372499627,"gmtCreate":1619231425769,"gmtModify":1634287581657,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Definitely. Tesla will be a $2 trillion companysoon.","listText":"Definitely. Tesla will be a $2 trillion companysoon.","text":"Definitely. Tesla will be a $2 trillion companysoon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/372499627","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376768024,"gmtCreate":1619149761768,"gmtModify":1634288167160,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Oh no....","listText":"Oh no....","text":"Oh 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is not a car company","listText":"Tesla is not a car company","text":"Tesla is not a car company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/137655218","repostId":"2138765488","repostType":4,"isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130091755,"gmtCreate":1621492334377,"gmtModify":1631883954711,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Best airline in the world","listText":"Best airline in the world","text":"Best airline in the world","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/130091755","repostId":"1132473360","repostType":4,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":862252600,"gmtCreate":1632884262228,"gmtModify":1632884262228,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/862252600","repostId":"1164961983","repostType":4,"isVote":1,"tweetType":1,"viewCount":2296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":117899378,"gmtCreate":1623127563694,"gmtModify":1634036645370,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Nvidia?","listText":"Nvidia?","text":"Nvidia?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/117899378","repostId":"1132295574","repostType":4,"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108899934,"gmtCreate":1620008416928,"gmtModify":1634208567034,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Thanks for the reminder! Sell in May and go away ","listText":"Thanks for the reminder! Sell in May and go away ","text":"Thanks for the reminder! Sell in May and go away","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/108899934","repostId":"2132548564","repostType":4,"repost":{"id":"2132548564","kind":"highlight","pubTimestamp":1620001778,"share":"https://www.laohu8.com/m/news/2132548564?lang=zh_CN&edition=full","pubTime":"2021-05-03 08:29","market":"us","language":"en","title":"U.S. stocks have risen to all-time highs this year. Should you ‘sell in May and go away’?<blockquote>美股今年已升至历史新高。你应该“在五月卖掉然后离开”吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2132548564","media":"MarketWatch","summary":"In the past, the sell-in-May strategy shakes out better in Europe than in the U.S.\n\nStocks have been","content":"<p>In the past, the sell-in-May strategy shakes out better in Europe than in the U.S.</p><p><blockquote>过去,五月卖出策略在欧洲的效果比在美国更好。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/18b93b4406770158f62b0e2dd392f424\" tg-width=\"1260\" tg-height=\"822\"></p><p><blockquote></blockquote></p><p> Stocks have been on a tear this year, leaving investors to question whether to \"sell in May and go away.\"</p><p><blockquote>今年股市一直在上涨,让投资者质疑是否“在五月卖出并离开”。</blockquote></p><p> \"With stocks at record highs, some investors may be tempted to follow the old adage,\" a team of strategists at UBS Group's global wealth management division, wrote in a note Friday.</p><p><blockquote>瑞银集团全球财富管理部门的策略师团队周五在一份报告中写道:“随着股市创下历史新高,一些投资者可能会倾向于遵循这句古老的格言。”</blockquote></p><p> The hypothesis is that equities tend to underperform in the six months through October, so investors should sell stocks at the start of May, invest in cash and then re-enter the market in late autumn, the strategists said. Historically, the approach has worked for Europe, but not as well in the U.S., according to their note.</p><p><blockquote>策略师表示,假设股市在截至10月份的六个月内往往表现不佳,因此投资者应该在5月初出售股票,投资现金,然后在深秋重新进入市场。根据他们的报告,从历史上看,这种方法在欧洲很有效,但在美国效果不佳。</blockquote></p><p> \"In the U.S., a stay invested strategy has tended to outperform, particularly in recent years,\" the strategists said. \"Market composition, with the U.S. market more tilted towards growth stocks, partly explains the outperformance.\"</p><p><blockquote>策略师表示:“在美国,保持投资策略往往表现出色,尤其是近年来。”“市场构成,美国市场更倾向于成长型股票,部分解释了表现优异的原因。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b499645739c349ea55647a2512665932\" tg-width=\"1064\" tg-height=\"808\"></p><p><blockquote></blockquote></p><p> The technology sector now accounts for 27% of the S&P 500, or much higher than the 8% weighting for the MSCI Europe index, according to UBS. For that reason, investors who tried timing the U.S. equity benchmark for \"seasonal reasons\" would have missed the outperformance of growth stocks in the bull market since the global financial crisis of 2008-09.</p><p><blockquote>瑞银的数据显示,科技行业目前占标普500的27%,远高于MSCI欧洲指数8%的权重。出于这个原因,试图出于“季节性原因”选择美国股市基准时机的投资者将错过自2008-09年全球金融危机以来成长型股票在牛市中的优异表现。</blockquote></p><p> Using the past as a guide, the UBS team recommends staying invested, even through they also point to historical evidence in Europe that supported a sell-in-May strategy.</p><p><blockquote>瑞银团队以过去为指导,建议保持投资,尽管他们也指出欧洲的历史证据支持5月份的卖出策略。</blockquote></p><p> Over the past 15 years, returns in Europe have been negative in June 80% of the time, according to the report. \"This has contributed to a sell-in-May strategy outperforming a stay invested strategy during those years,\" the strategists said.</p><p><blockquote>报告称,在过去15年中,欧洲6月份80%的回报率为负。策略师表示:“这导致5月份卖出策略的表现优于那些年的继续投资策略。”</blockquote></p><p> Meanwhile, the U.S. stock market has risen to all-time records this year, including as recently as this week, as measured by the S&P 500 and Dow Jones Industrial Average benchmarks. The S&P 500 rose to a record 4,211.47 finish on April 29, for example, and was up 11.3% this year as of Friday's close.</p><p><blockquote>与此同时,根据标普500和道琼斯工业平均指数基准衡量,美国股市今年已升至历史纪录,包括最近的本周。例如,标普500在4月29日升至创纪录的4,211.47点,截至周五收盘,今年已上涨11.3%。</blockquote></p><p> \"We are now entering a time of year when stocks have historically found it more challenging to advance,\" according to the UBS report. \"With many equity indexes making new highs, some measures of sentiment looking extended, and ongoing concerns about the spread of new COVID-19 variants,\" some investors may be contemplating selling.</p><p><blockquote>瑞银的报告称:“我们现在正进入一年中历史上股市上涨更具挑战性的时期。”“随着许多股指创下新高,一些情绪指标看起来有所延长,以及对新的COVID-19变种传播的持续担忧,”一些投资者可能正在考虑抛售。</blockquote></p><p> Billionaire investor Leon Cooperman, a self-described \"fully invested bear,\" told CNBC on Friday that he has \"an eye on the exit\" given a coming expected rise in taxes, inflation and a \"reasonably richly appraised market.\"</p><p><blockquote>自称“完全投资空头”的亿万富翁投资者莱昂·库珀曼(Leon Cooperman)周五对CNBC表示,鉴于税收、通胀和“估值相当高的市场”即将到来,他“正在关注退出”。</blockquote></p><p> Ryan Detrick, chief market strategist for LPL Financial, said in a blog Friday that the six months from May through October have been \"some of the weakest months of the year for stocks\" in the past 10 years. \"But with an accommodative Fed, fiscal and monetary policy, along with an economy that is opening faster than nearly anyone expected, we'd use any weakness as an opportunity to add to positions,\" he said.</p><p><blockquote>LPL Financial首席市场策略师Ryan Detrick周五在博客中表示,5月至10月的六个月是过去10年来“股市一年中最疲软的月份”。他表示:“但随着美联储、财政和货币政策的宽松,以及经济开放速度快于几乎所有人的预期,我们会利用任何疲软作为增仓的机会。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/50be26e2a50ece27ce6023a634a9e705\" tg-width=\"1260\" tg-height=\"725\"></p><p><blockquote></blockquote></p><p> \"Here's the catch,\" Detrick said. \"Stocks have actually been higher during these worst months of the year eight of the past ten years.\"</p><p><blockquote>“问题是,”德特里克说。“在过去十年中最糟糕的八个月里,股市实际上走高。”</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>U.S. stocks have risen to all-time highs this year. Should you ‘sell in May and go away’?<blockquote>美股今年已升至历史新高。你应该“在五月卖掉然后离开”吗?</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\">\nU.S. stocks have risen to all-time highs this year. Should you ‘sell in May and go away’?<blockquote>美股今年已升至历史新高。你应该“在五月卖掉然后离开”吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-05-03 08:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In the past, the sell-in-May strategy shakes out better in Europe than in the U.S.</p><p><blockquote>过去,五月卖出策略在欧洲的效果比在美国更好。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/18b93b4406770158f62b0e2dd392f424\" tg-width=\"1260\" tg-height=\"822\"></p><p><blockquote></blockquote></p><p> Stocks have been on a tear this year, leaving investors to question whether to \"sell in May and go away.\"</p><p><blockquote>今年股市一直在上涨,让投资者质疑是否“在五月卖出并离开”。</blockquote></p><p> \"With stocks at record highs, some investors may be tempted to follow the old adage,\" a team of strategists at UBS Group's global wealth management division, wrote in a note Friday.</p><p><blockquote>瑞银集团全球财富管理部门的策略师团队周五在一份报告中写道:“随着股市创下历史新高,一些投资者可能会倾向于遵循这句古老的格言。”</blockquote></p><p> The hypothesis is that equities tend to underperform in the six months through October, so investors should sell stocks at the start of May, invest in cash and then re-enter the market in late autumn, the strategists said. Historically, the approach has worked for Europe, but not as well in the U.S., according to their note.</p><p><blockquote>策略师表示,假设股市在截至10月份的六个月内往往表现不佳,因此投资者应该在5月初出售股票,投资现金,然后在深秋重新进入市场。根据他们的报告,从历史上看,这种方法在欧洲很有效,但在美国效果不佳。</blockquote></p><p> \"In the U.S., a stay invested strategy has tended to outperform, particularly in recent years,\" the strategists said. \"Market composition, with the U.S. market more tilted towards growth stocks, partly explains the outperformance.\"</p><p><blockquote>策略师表示:“在美国,保持投资策略往往表现出色,尤其是近年来。”“市场构成,美国市场更倾向于成长型股票,部分解释了表现优异的原因。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b499645739c349ea55647a2512665932\" tg-width=\"1064\" tg-height=\"808\"></p><p><blockquote></blockquote></p><p> The technology sector now accounts for 27% of the S&P 500, or much higher than the 8% weighting for the MSCI Europe index, according to UBS. For that reason, investors who tried timing the U.S. equity benchmark for \"seasonal reasons\" would have missed the outperformance of growth stocks in the bull market since the global financial crisis of 2008-09.</p><p><blockquote>瑞银的数据显示,科技行业目前占标普500的27%,远高于MSCI欧洲指数8%的权重。出于这个原因,试图出于“季节性原因”选择美国股市基准时机的投资者将错过自2008-09年全球金融危机以来成长型股票在牛市中的优异表现。</blockquote></p><p> Using the past as a guide, the UBS team recommends staying invested, even through they also point to historical evidence in Europe that supported a sell-in-May strategy.</p><p><blockquote>瑞银团队以过去为指导,建议保持投资,尽管他们也指出欧洲的历史证据支持5月份的卖出策略。</blockquote></p><p> Over the past 15 years, returns in Europe have been negative in June 80% of the time, according to the report. \"This has contributed to a sell-in-May strategy outperforming a stay invested strategy during those years,\" the strategists said.</p><p><blockquote>报告称,在过去15年中,欧洲6月份80%的回报率为负。策略师表示:“这导致5月份卖出策略的表现优于那些年的继续投资策略。”</blockquote></p><p> Meanwhile, the U.S. stock market has risen to all-time records this year, including as recently as this week, as measured by the S&P 500 and Dow Jones Industrial Average benchmarks. The S&P 500 rose to a record 4,211.47 finish on April 29, for example, and was up 11.3% this year as of Friday's close.</p><p><blockquote>与此同时,根据标普500和道琼斯工业平均指数基准衡量,美国股市今年已升至历史纪录,包括最近的本周。例如,标普500在4月29日升至创纪录的4,211.47点,截至周五收盘,今年已上涨11.3%。</blockquote></p><p> \"We are now entering a time of year when stocks have historically found it more challenging to advance,\" according to the UBS report. \"With many equity indexes making new highs, some measures of sentiment looking extended, and ongoing concerns about the spread of new COVID-19 variants,\" some investors may be contemplating selling.</p><p><blockquote>瑞银的报告称:“我们现在正进入一年中历史上股市上涨更具挑战性的时期。”“随着许多股指创下新高,一些情绪指标看起来有所延长,以及对新的COVID-19变种传播的持续担忧,”一些投资者可能正在考虑抛售。</blockquote></p><p> Billionaire investor Leon Cooperman, a self-described \"fully invested bear,\" told CNBC on Friday that he has \"an eye on the exit\" given a coming expected rise in taxes, inflation and a \"reasonably richly appraised market.\"</p><p><blockquote>自称“完全投资空头”的亿万富翁投资者莱昂·库珀曼(Leon Cooperman)周五对CNBC表示,鉴于税收、通胀和“估值相当高的市场”即将到来,他“正在关注退出”。</blockquote></p><p> Ryan Detrick, chief market strategist for LPL Financial, said in a blog Friday that the six months from May through October have been \"some of the weakest months of the year for stocks\" in the past 10 years. \"But with an accommodative Fed, fiscal and monetary policy, along with an economy that is opening faster than nearly anyone expected, we'd use any weakness as an opportunity to add to positions,\" he said.</p><p><blockquote>LPL Financial首席市场策略师Ryan Detrick周五在博客中表示,5月至10月的六个月是过去10年来“股市一年中最疲软的月份”。他表示:“但随着美联储、财政和货币政策的宽松,以及经济开放速度快于几乎所有人的预期,我们会利用任何疲软作为增仓的机会。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/50be26e2a50ece27ce6023a634a9e705\" tg-width=\"1260\" tg-height=\"725\"></p><p><blockquote></blockquote></p><p> \"Here's the catch,\" Detrick said. \"Stocks have actually been higher during these worst months of the year eight of the past ten years.\"</p><p><blockquote>“问题是,”德特里克说。“在过去十年中最糟糕的八个月里,股市实际上走高。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/u-s-stocks-have-risen-to-all-time-highs-this-year-should-you-sell-in-may-and-go-away-11619818845?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":{"161125":"标普500","513500":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares",".IXIC":"NASDAQ Composite","OEX":"标普100",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SDS":"两倍做空标普500 ETF-ProShares","SH":"做空标普500-Proshares","SPXU":"三倍做空标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","IVV":"标普500ETF-iShares"},"source_url":"https://www.marketwatch.com/story/u-s-stocks-have-risen-to-all-time-highs-this-year-should-you-sell-in-may-and-go-away-11619818845?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132548564","content_text":"In the past, the sell-in-May strategy shakes out better in Europe than in the U.S.\n\nStocks have been on a tear this year, leaving investors to question whether to \"sell in May and go away.\"\n\"With stocks at record highs, some investors may be tempted to follow the old adage,\" a team of strategists at UBS Group's global wealth management division, wrote in a note Friday.\nThe hypothesis is that equities tend to underperform in the six months through October, so investors should sell stocks at the start of May, invest in cash and then re-enter the market in late autumn, the strategists said. Historically, the approach has worked for Europe, but not as well in the U.S., according to their note.\n\"In the U.S., a stay invested strategy has tended to outperform, particularly in recent years,\" the strategists said. \"Market composition, with the U.S. market more tilted towards growth stocks, partly explains the outperformance.\"\n\nThe technology sector now accounts for 27% of the S&P 500, or much higher than the 8% weighting for the MSCI Europe index, according to UBS. For that reason, investors who tried timing the U.S. equity benchmark for \"seasonal reasons\" would have missed the outperformance of growth stocks in the bull market since the global financial crisis of 2008-09.\nUsing the past as a guide, the UBS team recommends staying invested, even through they also point to historical evidence in Europe that supported a sell-in-May strategy.\nOver the past 15 years, returns in Europe have been negative in June 80% of the time, according to the report. \"This has contributed to a sell-in-May strategy outperforming a stay invested strategy during those years,\" the strategists said.\nMeanwhile, the U.S. stock market has risen to all-time records this year, including as recently as this week, as measured by the S&P 500 and Dow Jones Industrial Average benchmarks. The S&P 500 rose to a record 4,211.47 finish on April 29, for example, and was up 11.3% this year as of Friday's close.\n\"We are now entering a time of year when stocks have historically found it more challenging to advance,\" according to the UBS report. \"With many equity indexes making new highs, some measures of sentiment looking extended, and ongoing concerns about the spread of new COVID-19 variants,\" some investors may be contemplating selling.\nBillionaire investor Leon Cooperman, a self-described \"fully invested bear,\" told CNBC on Friday that he has \"an eye on the exit\" given a coming expected rise in taxes, inflation and a \"reasonably richly appraised market.\"\nRyan Detrick, chief market strategist for LPL Financial, said in a blog Friday that the six months from May through October have been \"some of the weakest months of the year for stocks\" in the past 10 years. \"But with an accommodative Fed, fiscal and monetary policy, along with an economy that is opening faster than nearly anyone expected, we'd use any weakness as an opportunity to add to positions,\" he said.\n\n\"Here's the catch,\" Detrick said. \"Stocks have actually been higher during these worst months of the year eight of the past ten years.\"","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SSO":0.9,".DJI":0.9,".SPX":0.9,"UPRO":0.9,"ESmain":0.9,"IVV":0.9,".IXIC":0.9,"OEF":0.9,"SDS":0.9,"SH":0.9,"SPXU":0.9,"OEX":0.9}},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375162313,"gmtCreate":1619316534632,"gmtModify":1634274303641,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Weekend used to be very bullish for bitcoins","listText":"Weekend used to be very bullish for bitcoins","text":"Weekend used to be very bullish for bitcoins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/375162313","repostId":"2130364108","repostType":4,"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161612112,"gmtCreate":1623921996636,"gmtModify":1631892488333,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Why avoid when you can make a lot of money?","listText":"Why avoid when you can make a lot of money?","text":"Why avoid when you can make a lot of money?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/161612112","repostId":"2143979397","repostType":4,"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113193459,"gmtCreate":1622596767371,"gmtModify":1634100103282,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"AMC?","listText":"AMC?","text":"AMC?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/113193459","repostId":"1168937729","repostType":4,"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107367399,"gmtCreate":1620446201311,"gmtModify":1634198691728,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Tesla","listText":"Tesla","text":"Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/107367399","repostId":"1117135949","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179235971,"gmtCreate":1626531331793,"gmtModify":1631890800988,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/179235971","repostId":"1198202103","repostType":4,"isVote":1,"tweetType":1,"viewCount":1707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182662544,"gmtCreate":1623569922488,"gmtModify":1634031538496,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/182662544","repostId":"1189143522","repostType":4,"repost":{"id":"1189143522","kind":"news","pubTimestamp":1623513679,"share":"https://www.laohu8.com/m/news/1189143522?lang=zh_CN&edition=full","pubTime":"2021-06-13 00:01","market":"us","language":"en","title":"Snowflake Is a Growth Juggernaut. Wall Street Is Thinking About Stock Value.<blockquote>雪花是一个增长巨人。华尔街正在考虑股票价值。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189143522","media":"Barron's","summary":"Snowflake remains one of the best growth stories in the history of the software business, and that h","content":"<p>Snowflake remains one of the best growth stories in the history of the software business, and that has Wall Street talking about the stock’s valuation.</p><p><blockquote>Snowflake仍然是软件行业历史上最好的增长故事之一,这让华尔街开始谈论该股的估值。</blockquote></p><p> In meeting with analysts on Thursday,the cloud-data software company provided an ambitious goalof reaching $10 billion in product revenue in the January 2029 fiscal year. That compares to $554 million forthe January 2021 fiscal year.</p><p><blockquote>在周四与分析师会面时,这家云数据软件公司提出了一个雄心勃勃的目标,即在2029年1月财年实现产品收入100亿美元。相比之下,2021年1月财年的收入为5.54亿美元。</blockquote></p><p> Snowflake (ticker: SNOW) should still be growing 30% at the top-line at that point, according to chief financial officer Mike Scarpelli, while generating 10% operating margins and free cash flow margins of 15% or better. He also said the company now sees a total addressable market of $90 billion, an expansion of more than 10% from the $81 billion estimated market size cited during its IPO roadshow in 2020.</p><p><blockquote>Snowflake(股票代码:SNOW)首席财务官Mike Scarpelli表示,届时营收仍应增长30%,同时产生10%的营业利润率和15%或更高的自由现金流利润率。他还表示,该公司目前预计潜在市场总额为900亿美元,比2020年IPO路演期间估计的810亿美元市场规模增长了10%以上。</blockquote></p><p> The long-term growth goals help frame the huge opportunity that Snowflake has ahead, but did nothing to change the fundamental debate about the stock: Does the impressive growth rate—120% in product revenue in the latest year— justify the massive valuation? In afternoon trading Friday, shares were off 4.4%, to $237.84.</p><p><blockquote>长期增长目标有助于构建Snowflake未来的巨大机遇,但并没有改变有关该股的根本争论:令人印象深刻的增长率(最近一年产品收入120%)是否证明了巨大的估值是合理的?周五下午交易中,股价下跌4.4%,至237.84美元。</blockquote></p><p> Canaccord Genuity analyst David Hynes notes that if Snowflake hits its $10 billion target, it would be the fastest that a software company has reached that size. Hynes adds that the history of the management team, led by CEO Frank Slootman, suggests Snowflake could reach its target early.</p><p><blockquote>Canaccord Genuity分析师David Hynes指出,如果Snowflake达到100亿美元的目标,这将是软件公司达到这一规模的最快速度。Hynes补充说,由首席执行官Frank Slootman领导的管理团队的历史表明Snowflake可能会提前实现其目标。</blockquote></p><p> But Hynes nonetheless is sticking with his Hold rating and $240 target price. “There’s no doubt that this is an exceptional business, but in our view, the stock’s current valuation”—about 47 times estimated calendar 2022 revenues—“fully reflects it.” He adds that as estimates move higher and the stock grinds sideways, he’s “getting closer to an upgrade,” but isn’t there yet. “We’re content to wait for more of the excess to burn off.”</p><p><blockquote>但海因斯仍然坚持持有评级和240美元的目标价。“毫无疑问,这是一项特殊的业务,但在我们看来,该股目前的估值”——约为2022年预计收入的47倍——“充分反映了这一点”。他补充说,随着预期上升和股价横盘整理,他“越来越接近升级”,但还没有达到。“我们满足于等待更多多余的东西被烧掉。”</blockquote></p><p> Likewise, Morgan Stanley analyst Keith Weiss writes in a research note that given the 120% product growth in fiscal 2021, the $10 billion target might be conservative. He adds that “the harder part of the equation may be justifying the valuation based on these targets.” Weiss says the model that Snowflake laid out implies $1.6 billion in free cash flow in fiscal 2029, which values the stock at 51 times free cash flow 8 years out. “While very impressed by the market opportunity …and Snowflake’s opportunity,” he says valuation keeps him on the sidelines. Weiss repeats his Equal Weigh rating and $270 price target.</p><p><blockquote>同样,摩根士丹利分析师Keith Weiss在一份研究报告中写道,鉴于2021财年120%的产品增长,100亿美元的目标可能是保守的。他补充说,“等式中更困难的部分可能是证明基于这些目标的估值的合理性。”Weiss表示,Snowflake制定的模型意味着2029财年的自由现金流为16亿美元,这意味着该股8年后自由现金流的估值为51倍。“虽然对市场机会……以及雪花的机会印象深刻,”他表示,估值让他保持观望。Weiss重申了同等权重评级和270美元的目标价。</blockquote></p><p></p>","source":"lsy1610680873436","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>Snowflake Is a Growth Juggernaut. Wall Street Is Thinking About Stock Value.<blockquote>雪花是一个增长巨人。华尔街正在考虑股票价值。</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\">\nSnowflake Is a Growth Juggernaut. Wall Street Is Thinking About Stock Value.<blockquote>雪花是一个增长巨人。华尔街正在考虑股票价值。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-06-13 00:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Snowflake remains one of the best growth stories in the history of the software business, and that has Wall Street talking about the stock’s valuation.</p><p><blockquote>Snowflake仍然是软件行业历史上最好的增长故事之一,这让华尔街开始谈论该股的估值。</blockquote></p><p> In meeting with analysts on Thursday,the cloud-data software company provided an ambitious goalof reaching $10 billion in product revenue in the January 2029 fiscal year. That compares to $554 million forthe January 2021 fiscal year.</p><p><blockquote>在周四与分析师会面时,这家云数据软件公司提出了一个雄心勃勃的目标,即在2029年1月财年实现产品收入100亿美元。相比之下,2021年1月财年的收入为5.54亿美元。</blockquote></p><p> Snowflake (ticker: SNOW) should still be growing 30% at the top-line at that point, according to chief financial officer Mike Scarpelli, while generating 10% operating margins and free cash flow margins of 15% or better. He also said the company now sees a total addressable market of $90 billion, an expansion of more than 10% from the $81 billion estimated market size cited during its IPO roadshow in 2020.</p><p><blockquote>Snowflake(股票代码:SNOW)首席财务官Mike Scarpelli表示,届时营收仍应增长30%,同时产生10%的营业利润率和15%或更高的自由现金流利润率。他还表示,该公司目前预计潜在市场总额为900亿美元,比2020年IPO路演期间估计的810亿美元市场规模增长了10%以上。</blockquote></p><p> The long-term growth goals help frame the huge opportunity that Snowflake has ahead, but did nothing to change the fundamental debate about the stock: Does the impressive growth rate—120% in product revenue in the latest year— justify the massive valuation? In afternoon trading Friday, shares were off 4.4%, to $237.84.</p><p><blockquote>长期增长目标有助于构建Snowflake未来的巨大机遇,但并没有改变有关该股的根本争论:令人印象深刻的增长率(最近一年产品收入120%)是否证明了巨大的估值是合理的?周五下午交易中,股价下跌4.4%,至237.84美元。</blockquote></p><p> Canaccord Genuity analyst David Hynes notes that if Snowflake hits its $10 billion target, it would be the fastest that a software company has reached that size. Hynes adds that the history of the management team, led by CEO Frank Slootman, suggests Snowflake could reach its target early.</p><p><blockquote>Canaccord Genuity分析师David Hynes指出,如果Snowflake达到100亿美元的目标,这将是软件公司达到这一规模的最快速度。Hynes补充说,由首席执行官Frank Slootman领导的管理团队的历史表明Snowflake可能会提前实现其目标。</blockquote></p><p> But Hynes nonetheless is sticking with his Hold rating and $240 target price. “There’s no doubt that this is an exceptional business, but in our view, the stock’s current valuation”—about 47 times estimated calendar 2022 revenues—“fully reflects it.” He adds that as estimates move higher and the stock grinds sideways, he’s “getting closer to an upgrade,” but isn’t there yet. “We’re content to wait for more of the excess to burn off.”</p><p><blockquote>但海因斯仍然坚持持有评级和240美元的目标价。“毫无疑问,这是一项特殊的业务,但在我们看来,该股目前的估值”——约为2022年预计收入的47倍——“充分反映了这一点”。他补充说,随着预期上升和股价横盘整理,他“越来越接近升级”,但还没有达到。“我们满足于等待更多多余的东西被烧掉。”</blockquote></p><p> Likewise, Morgan Stanley analyst Keith Weiss writes in a research note that given the 120% product growth in fiscal 2021, the $10 billion target might be conservative. He adds that “the harder part of the equation may be justifying the valuation based on these targets.” Weiss says the model that Snowflake laid out implies $1.6 billion in free cash flow in fiscal 2029, which values the stock at 51 times free cash flow 8 years out. “While very impressed by the market opportunity …and Snowflake’s opportunity,” he says valuation keeps him on the sidelines. Weiss repeats his Equal Weigh rating and $270 price target.</p><p><blockquote>同样,摩根士丹利分析师Keith Weiss在一份研究报告中写道,鉴于2021财年120%的产品增长,100亿美元的目标可能是保守的。他补充说,“等式中更困难的部分可能是证明基于这些目标的估值的合理性。”Weiss表示,Snowflake制定的模型意味着2029财年的自由现金流为16亿美元,这意味着该股8年后自由现金流的估值为51倍。“虽然对市场机会……以及雪花的机会印象深刻,”他表示,估值让他保持观望。Weiss重申了同等权重评级和270美元的目标价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/snowflake-is-a-growth-juggernaut-wall-street-is-thinking-about-stock-value-51623432689?siteid=yhoof2\">Barron's</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":{"SNOW":"Snowflake"},"source_url":"https://www.barrons.com/articles/snowflake-is-a-growth-juggernaut-wall-street-is-thinking-about-stock-value-51623432689?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189143522","content_text":"Snowflake remains one of the best growth stories in the history of the software business, and that has Wall Street talking about the stock’s valuation.\nIn meeting with analysts on Thursday,the cloud-data software company provided an ambitious goalof reaching $10 billion in product revenue in the January 2029 fiscal year. That compares to $554 million forthe January 2021 fiscal year.\nSnowflake (ticker: SNOW) should still be growing 30% at the top-line at that point, according to chief financial officer Mike Scarpelli, while generating 10% operating margins and free cash flow margins of 15% or better. He also said the company now sees a total addressable market of $90 billion, an expansion of more than 10% from the $81 billion estimated market size cited during its IPO roadshow in 2020.\nThe long-term growth goals help frame the huge opportunity that Snowflake has ahead, but did nothing to change the fundamental debate about the stock: Does the impressive growth rate—120% in product revenue in the latest year— justify the massive valuation? In afternoon trading Friday, shares were off 4.4%, to $237.84.\nCanaccord Genuity analyst David Hynes notes that if Snowflake hits its $10 billion target, it would be the fastest that a software company has reached that size. Hynes adds that the history of the management team, led by CEO Frank Slootman, suggests Snowflake could reach its target early.\nBut Hynes nonetheless is sticking with his Hold rating and $240 target price. “There’s no doubt that this is an exceptional business, but in our view, the stock’s current valuation”—about 47 times estimated calendar 2022 revenues—“fully reflects it.” He adds that as estimates move higher and the stock grinds sideways, he’s “getting closer to an upgrade,” but isn’t there yet. “We’re content to wait for more of the excess to burn off.”\nLikewise, Morgan Stanley analyst Keith Weiss writes in a research note that given the 120% product growth in fiscal 2021, the $10 billion target might be conservative. He adds that “the harder part of the equation may be justifying the valuation based on these targets.” Weiss says the model that Snowflake laid out implies $1.6 billion in free cash flow in fiscal 2029, which values the stock at 51 times free cash flow 8 years out. “While very impressed by the market opportunity …and Snowflake’s opportunity,” he says valuation keeps him on the sidelines. Weiss repeats his Equal Weigh rating and $270 price target.","news_type":1,"symbols_score_info":{"SNOW":0.9}},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116342382,"gmtCreate":1622777055246,"gmtModify":1634098104458,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Oh ","listText":"Oh ","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/116342382","repostId":"1194001604","repostType":4,"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139476949,"gmtCreate":1621653570881,"gmtModify":1634187350567,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"I also like banks generally","listText":"I also like banks generally","text":"I also like banks generally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/139476949","repostId":"2137906121","repostType":4,"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105978529,"gmtCreate":1620266806861,"gmtModify":1631886433611,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"PayPal will be BIG","listText":"PayPal will be BIG","text":"PayPal will be BIG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/105978529","repostId":"1190727792","repostType":4,"repost":{"id":"1190727792","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":1620261268,"share":"https://www.laohu8.com/m/news/1190727792?lang=zh_CN&edition=full","pubTime":"2021-05-06 08:34","market":"us","language":"en","title":"PayPal CEO touts ‘next generation digital wallet’ after earnings beat<blockquote>PayPal首席执行官在盈利超出预期后吹捧“下一代数字钱包”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190727792","media":"Tiger Newspress","summary":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter ea","content":"<p>PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><p><blockquote>在公布强于分析师预期的第一季度收益后,PayPal股价周三盘后交易中上涨5.5%。该公司的做法如下:</blockquote></p><p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p><blockquote><ul><li><b>每股盈利:</b>调整后每股1.22美元,而Refinitiv分析师调查预计每股1.01美元</li><li><b>收入:</b>60.3亿美元,而Refinitiv预期为59亿美元</li><li><b>总支付量:</b>FactSet调查预计为2,850亿美元,而FactSet调查预计为2,650亿美元</li></ul>在公布强于分析师预期的第一季度收益后,PayPal股价周三盘后交易中上涨5.5%。第一季度净利润从去年同期的8400万美元增至11亿美元,该公司净新增活跃账户1450万个,用户总数达到3.92亿。</blockquote></p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p><blockquote>一份声明称,截至3月31日的季度收入同比增长31%。去年同期,疫情引发了网上购物的激增,帮助推动了本季度和全年创纪录的支付量。</blockquote></p><p>On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p><blockquote>在公司的盈利看涨期权上,首席执行官丹·舒尔曼指出加密货币是公司的关键增长引擎。</blockquote></p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p><blockquote>舒尔曼说:“我们的加密货币工作在战术上取得了大量非常好的成果。”他接着说,一半的加密用户每天都会打开他们的PayPal应用程序,这表明它增加了用户的参与度。</blockquote></p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p><blockquote>这家移动支付公司在过去六个月中大力进军加密货币领域,允许美国用户使用加密货币购买、出售和结账。</blockquote></p><p>With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.</p><p><blockquote>凭借拥有2600万零售商的网络,PayPal的加密货币雄心使该公司成为该国最受欢迎的加密货币交易所Coinbase的竞争对手。</blockquote></p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p><blockquote>该公司还宣布计划在第三季度推出“下一代数字钱包”。舒尔曼将该产品描述为“一体化、个性化的应用程序,将提供日益定制化和独特的购物、金融服务和支付体验。”</blockquote></p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p><blockquote>关于指引,PayPal预计第二季度调整后每股收益为1.12美元,营收为62.5亿美元。Refinitiv调查的分析师此前预计调整后每股收益为1.10美元,营收为61.6亿美元。</blockquote></p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p><blockquote>PayPal预计全年营收将增长20%至257.5亿美元,该公司预计调整后盈利将增长21%至4.70美元。Refinitiv调查的分析师此前预计调整后每股收益为4.57美元,营收为257.1亿美元。</blockquote></p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p><p><blockquote>排除盘后走势,PayPal股价自今年年初以来已上涨约5.9%,而纳斯达克指数同期上涨约5.5%。</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>PayPal CEO touts ‘next generation digital wallet’ after earnings beat<blockquote>PayPal首席执行官在盈利超出预期后吹捧“下一代数字钱包”</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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 CEO touts ‘next generation digital wallet’ after earnings beat<blockquote>PayPal首席执行官在盈利超出预期后吹捧“下一代数字钱包”</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\">2021-05-06 08:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><p><blockquote>在公布强于分析师预期的第一季度收益后,PayPal股价周三盘后交易中上涨5.5%。该公司的做法如下:</blockquote></p><p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p><blockquote><ul><li><b>每股盈利:</b>调整后每股1.22美元,而Refinitiv分析师调查预计每股1.01美元</li><li><b>收入:</b>60.3亿美元,而Refinitiv预期为59亿美元</li><li><b>总支付量:</b>FactSet调查预计为2,850亿美元,而FactSet调查预计为2,650亿美元</li></ul>在公布强于分析师预期的第一季度收益后,PayPal股价周三盘后交易中上涨5.5%。第一季度净利润从去年同期的8400万美元增至11亿美元,该公司净新增活跃账户1450万个,用户总数达到3.92亿。</blockquote></p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p><blockquote>一份声明称,截至3月31日的季度收入同比增长31%。去年同期,疫情引发了网上购物的激增,帮助推动了本季度和全年创纪录的支付量。</blockquote></p><p>On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p><blockquote>在公司的盈利看涨期权上,首席执行官丹·舒尔曼指出加密货币是公司的关键增长引擎。</blockquote></p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p><blockquote>舒尔曼说:“我们的加密货币工作在战术上取得了大量非常好的成果。”他接着说,一半的加密用户每天都会打开他们的PayPal应用程序,这表明它增加了用户的参与度。</blockquote></p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p><blockquote>这家移动支付公司在过去六个月中大力进军加密货币领域,允许美国用户使用加密货币购买、出售和结账。</blockquote></p><p>With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.</p><p><blockquote>凭借拥有2600万零售商的网络,PayPal的加密货币雄心使该公司成为该国最受欢迎的加密货币交易所Coinbase的竞争对手。</blockquote></p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p><blockquote>该公司还宣布计划在第三季度推出“下一代数字钱包”。舒尔曼将该产品描述为“一体化、个性化的应用程序,将提供日益定制化和独特的购物、金融服务和支付体验。”</blockquote></p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p><blockquote>关于指引,PayPal预计第二季度调整后每股收益为1.12美元,营收为62.5亿美元。Refinitiv调查的分析师此前预计调整后每股收益为1.10美元,营收为61.6亿美元。</blockquote></p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p><blockquote>PayPal预计全年营收将增长20%至257.5亿美元,该公司预计调整后盈利将增长21%至4.70美元。Refinitiv调查的分析师此前预计调整后每股收益为4.57美元,营收为257.1亿美元。</blockquote></p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p><p><blockquote>排除盘后走势,PayPal股价自今年年初以来已上涨约5.9%,而纳斯达克指数同期上涨约5.5%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190727792","content_text":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.Here’s how the company did:Earnings per share:$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analystsRevenue:$6.03 billion vs. $5.90 billion expected by RefinitivTotal payment volume:$285 billion vs. $265 billionexpected in a FactSet surveyPayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106897786,"gmtCreate":1620099535645,"gmtModify":1634207814806,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"HODL!","listText":"HODL!","text":"HODL!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/106897786","repostId":"1140379495","repostType":4,"repost":{"id":"1140379495","kind":"news","pubTimestamp":1620092540,"share":"https://www.laohu8.com/m/news/1140379495?lang=zh_CN&edition=full","pubTime":"2021-05-04 09:42","market":"us","language":"en","title":"Opinion: If you ‘sell in May,’ don’t go away<blockquote>观点:如果你“五月卖出”,不要离开</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1140379495","media":"Market Wacth","summary":"There’s no point leaving money on the table if you’re willing to take a more active roleShould you d","content":"<p>There’s no point leaving money on the table if you’re willing to take a more active role</p><p><blockquote>如果你愿意扮演更积极的角色,把钱留在桌面上是没有意义的</blockquote></p><p>Should you dump all the stock market funds from your 401(k) and IRA on the first of May, go away, and come back again for Hallowe’en?</p><p><blockquote>您是否应该在5月1日抛售401(k)和IRA中的所有股市资金,离开,然后在万圣节再次回来?</blockquote></p><p>Definitely, says an old Wall Street adage.</p><p><blockquote>华尔街的一句古老格言说,当然。</blockquote></p><p>Definitely not, say most financial advisers.</p><p><blockquote>大多数财务顾问表示,绝对不会。</blockquote></p><p>As for the evidence of history? It’s more ambiguous. If the numbers say anything, maybe it’s that “sell in May and go away” is only half right. Since 1900, someone who sold in May actually could have retired earlier and with more money—but only if they hung around and waited to buy their stocks back during the usual summer panic.</p><p><blockquote>至于历史的证据?比较暧昧。如果数字能说明什么的话,也许就是“五月卖出走人”只说对了一半。自1900年以来,在5月份抛售股票的人实际上可以更早退休并拥有更多的钱——但前提是他们在通常的夏季恐慌期间等待回购股票。</blockquote></p><p>Obvious note: If you want an easy life, ignore all trading advice from the Wall Street crowd. Set some basic rules—asset allocation, clearly established sell signals and so on—and stick to them.</p><p><blockquote>显而易见的注意事项:如果你想要轻松的生活,忽略华尔街人群的所有交易建议。设定一些基本规则——资产配置、明确建立的卖出信号等等——并坚持下去。</blockquote></p><p>On the other hand, there’s no point leaving money on the table if you’re willing to take a more active role.</p><p><blockquote>另一方面,如果你愿意扮演更积极的角色,把钱留在桌面上是没有意义的。</blockquote></p><p>The Wall Street phrase “sell in May” dates back at least to the 1930s. Originally it seems to have started in Great Britain, where the rhyme went “sell in May, go away, and don’t come back till St Leger’s Day”—meaning a famous horse race that takes place in mid-September. The theory was that the stock market’s returns over the summer months are usually so dismal that there’s really no point being in the market.</p><p><blockquote>华尔街的短语“五月卖出”至少可以追溯到20世纪30年代。最初它似乎始于英国,那里的押韵是“五月卖掉,走开,直到圣莱杰节才回来”——意思是九月中旬举行的著名赛马。该理论认为,夏季股市的回报通常如此惨淡,以至于没有必要进入市场。</blockquote></p><p>The updated version of this adage calls it “the Hallowe’en Effect,” and stretches the hiatus from May 1 to October 31: A full six months.</p><p><blockquote>这句格言的更新版本评级称之为“万圣节效应”,并将间隔时间从5月1日延长到10月31日:整整六个月。</blockquote></p><p>It sounds like superstitious nonsense, but there is some remarkable evidence for it.One exhaustive academic studylooked at all the available stock market data from around the world going as far back as 1693 (coincidentally, the time of the Salem witch trials in Massachusetts—make of this what you will).</p><p><blockquote>这听起来像是迷信的胡说八道,但有一些值得注意的证据。一项详尽的学术研究查看了自1693年以来世界各地所有可用的股票市场数据(巧合的是,这是马萨诸塞州塞勒姆女巫审判的时间——随你怎么说)。</blockquote></p><p>“In none of the 65 countries for which we have total returns and short term interest rates available—with the exception of Mauritius — can we reject a Sell in May effect,” report researchers Cherry Zhang and Ben Jacobsen. “Summer risk premiums are not only not significantly positive, they are in most cases not even marginally positive. In 45 countries the excess returns during summer have been negative, and in seven significantly so,” they write. In other words: Historically, all the stock market’s returns have come during the winter months. During the summer months, typically, the stock market’s returns haven’t been any better than the returns on keeping your money in the bank.</p><p><blockquote>研究人员Cherry Zhang和Ben Jacobsen报告称:“在我们拥有总回报和短期利率的65个国家中,除毛里求斯外,我们都无法拒绝5月份的抛售。”他们写道:“夏季风险溢价不仅不显着为正,在大多数情况下甚至不是略微为正。在45个国家,夏季的超额回报为负,其中7个国家的超额回报显着为负。”换句话说:从历史上看,股市的所有回报都发生在冬季。通常,在夏季的几个月里,股市的回报并不比将钱存入银行的回报好多少。</blockquote></p><p>(Oh, unless you’re living in Mauritius.)</p><p><blockquote>(哦,除非你住在毛里求斯。)</blockquote></p><p>Smart money mavens have a number of pushbacks to all this. They’ll point out that this is somewhat random, and makes no logical sense. They’ll warn that likely gains don’t really compensate for the trading costs, the potential taxes (in a taxable account). And they’ll add that you risk missing out if the market rises.</p><p><blockquote>聪明的理财专家对这一切有很多反对意见。他们会指出这有点随机,没有逻辑意义。他们会警告说,可能的收益并不能真正补偿交易成本和潜在的税收(在应税账户中)。他们会补充说,如果市场上涨,你就有错过的风险。</blockquote></p><p>Furthermore, they’ll say, once you and I get in the habit of getting into the market and then out of it again, most of us will simply mess it up. We’ll get back in too early, or too late, or not at all.</p><p><blockquote>此外,他们会说,一旦你和我养成了进入市场然后又退出的习惯,我们大多数人都会把它搞砸。我们会回来得太早,或者太晚,或者根本不回来。</blockquote></p><p>All reasonable points.</p><p><blockquote>所有合理的观点。</blockquote></p><p>So the advice, “leave it alone,” is not wrong.</p><p><blockquote>所以“别管它”的建议并没有错。</blockquote></p><p>But…the mathematical criticism of “sell in May” is partly off-beam. That’s because critics assume we sell on May 1 and go away, and don’t come back until October 31.</p><p><blockquote>但是……对“五月卖出”的数学批评部分是不正确的。这是因为批评者认为我们在5月1日卖出然后离开,直到10月31日才回来。</blockquote></p><p>I’ve looked through the history of the Dow Jones Industrial Average DJIA,+0.70% going back to 1900 and something amazing leaps out.</p><p><blockquote>我回顾了道琼斯工业平均指数道琼斯的历史,自1900年以来上涨了0.70%,出现了一些惊人的情况。</blockquote></p><p>Ignore where the market ends up on October 31. The real opportunity occurs at some point during the six month period.</p><p><blockquote>忽略10月31日市场的最终走向。真正的机会出现在六个月期间的某个时候。</blockquote></p><p>There has<i>almost always</i>been a “summer selloff.” In 105 out of 120 years, or 88% of the time, the stock market has posted a decline at some stage in the six months after May 1.</p><p><blockquote>有<i>几乎总是</i>是“夏季抛售”。120年中有105年(即88%的时间)股市在5月1日之后六个月的某个阶段出现过下跌。</blockquote></p><p>So in almost 9 years out of 10, someone who sold their stock funds at the start of May was able to buy them back more cheaply during the next six months.</p><p><blockquote>因此,几乎十有八九,在5月初出售股票基金的人能够在接下来的六个月内以更便宜的价格回购股票基金。</blockquote></p><p>The average decline is 8%. That’s measured from May through the bottom of the slump.</p><p><blockquote>平均降幅为8%。这是从五月到衰退底部的衡量标准。</blockquote></p><p>In more than half of all years, the Dow Jones has fallen at least 5% during the summer lull, and in nearly one year out of three it has fallen by double digits.</p><p><blockquote>在超过一半的年份中,道琼斯指数在夏季平静期间下跌了至少5%,而在近三年的年份中,道琼斯指数下跌了两位数。</blockquote></p><p>These, of course, included such greatest hits as 2008 (a crash of 37%), 2002 (28%), 1987 (24%), 1907 (32%), and, of course, our old friend the catastrophe of 1929-32. Nearly all the terrible carnage of 1929-1932 took place during the summer months.</p><p><blockquote>当然,这些包括2008年(37%的崩盘)、2002年(28%)、1987年(24%)、1907年(32%)等最大的打击,当然还有我们的老朋友1929-1932年的灾难。1929-1932年几乎所有可怕的大屠杀都发生在夏季。</blockquote></p><p>Weird, but true.</p><p><blockquote>奇怪,但却是真的。</blockquote></p><p>An average selloff of 8% is not small potatoes. Over 20 years, someone who timed such a move perfectly every time would earn a remarkable 400% return.</p><p><blockquote>平均8%的抛售并不是小事。20多年来,每次都能完美把握时机的人将获得400%的惊人回报。</blockquote></p><p></p><p>If the stock market’s past is any guide to the future, the really clever move would be for us to sell our SPDR S&P 500 ETFSPY,+0.22%,Vanguard Total Stock Market Index FundVTSMX,+0.20%or similar this Monday…and then hang around for the sale. We’d buy back our stock fund back either on Hallowe’en, or when the market has fallen, say, 5%—whichever comes first.</p><p><blockquote>如果股市的过去是未来的指南,那么真正明智的举措是我们在本周一出售我们的SPDR标普500 ETFSPY,+0.22%,先锋总股票市场指数基金VTSMX,+0.20%或类似的基金……然后等待出售。我们会在万圣节或市场下跌5%时回购我们的股票基金——以先到者为准。</blockquote></p><p>All the years we got a bargain would more than compensate for the few years when there wasn’t one.</p><p><blockquote>我们得到便宜货的那些年足以弥补没有便宜货的那几年。</blockquote></p><p>On the other hand, if the stock market’s past isn’t any guide to the future, then pretty much everything our financial adviser tells us is nonsense anyway.</p><p><blockquote>另一方面,如果股市的过去不能成为未来的指南,那么我们的财务顾问告诉我们的几乎所有事情都是无稽之谈。</blockquote></p><p></p>","source":"lsy1604288433698","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>Opinion: If you ‘sell in May,’ don’t go away<blockquote>观点:如果你“五月卖出”,不要离开</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\">\nOpinion: If you ‘sell in May,’ don’t go away<blockquote>观点:如果你“五月卖出”,不要离开</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market Wacth</strong><span class=\"h-time small\">2021-05-04 09:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>There’s no point leaving money on the table if you’re willing to take a more active role</p><p><blockquote>如果你愿意扮演更积极的角色,把钱留在桌面上是没有意义的</blockquote></p><p>Should you dump all the stock market funds from your 401(k) and IRA on the first of May, go away, and come back again for Hallowe’en?</p><p><blockquote>您是否应该在5月1日抛售401(k)和IRA中的所有股市资金,离开,然后在万圣节再次回来?</blockquote></p><p>Definitely, says an old Wall Street adage.</p><p><blockquote>华尔街的一句古老格言说,当然。</blockquote></p><p>Definitely not, say most financial advisers.</p><p><blockquote>大多数财务顾问表示,绝对不会。</blockquote></p><p>As for the evidence of history? It’s more ambiguous. If the numbers say anything, maybe it’s that “sell in May and go away” is only half right. Since 1900, someone who sold in May actually could have retired earlier and with more money—but only if they hung around and waited to buy their stocks back during the usual summer panic.</p><p><blockquote>至于历史的证据?比较暧昧。如果数字能说明什么的话,也许就是“五月卖出走人”只说对了一半。自1900年以来,在5月份抛售股票的人实际上可以更早退休并拥有更多的钱——但前提是他们在通常的夏季恐慌期间等待回购股票。</blockquote></p><p>Obvious note: If you want an easy life, ignore all trading advice from the Wall Street crowd. Set some basic rules—asset allocation, clearly established sell signals and so on—and stick to them.</p><p><blockquote>显而易见的注意事项:如果你想要轻松的生活,忽略华尔街人群的所有交易建议。设定一些基本规则——资产配置、明确建立的卖出信号等等——并坚持下去。</blockquote></p><p>On the other hand, there’s no point leaving money on the table if you’re willing to take a more active role.</p><p><blockquote>另一方面,如果你愿意扮演更积极的角色,把钱留在桌面上是没有意义的。</blockquote></p><p>The Wall Street phrase “sell in May” dates back at least to the 1930s. Originally it seems to have started in Great Britain, where the rhyme went “sell in May, go away, and don’t come back till St Leger’s Day”—meaning a famous horse race that takes place in mid-September. The theory was that the stock market’s returns over the summer months are usually so dismal that there’s really no point being in the market.</p><p><blockquote>华尔街的短语“五月卖出”至少可以追溯到20世纪30年代。最初它似乎始于英国,那里的押韵是“五月卖掉,走开,直到圣莱杰节才回来”——意思是九月中旬举行的著名赛马。该理论认为,夏季股市的回报通常如此惨淡,以至于没有必要进入市场。</blockquote></p><p>The updated version of this adage calls it “the Hallowe’en Effect,” and stretches the hiatus from May 1 to October 31: A full six months.</p><p><blockquote>这句格言的更新版本评级称之为“万圣节效应”,并将间隔时间从5月1日延长到10月31日:整整六个月。</blockquote></p><p>It sounds like superstitious nonsense, but there is some remarkable evidence for it.One exhaustive academic studylooked at all the available stock market data from around the world going as far back as 1693 (coincidentally, the time of the Salem witch trials in Massachusetts—make of this what you will).</p><p><blockquote>这听起来像是迷信的胡说八道,但有一些值得注意的证据。一项详尽的学术研究查看了自1693年以来世界各地所有可用的股票市场数据(巧合的是,这是马萨诸塞州塞勒姆女巫审判的时间——随你怎么说)。</blockquote></p><p>“In none of the 65 countries for which we have total returns and short term interest rates available—with the exception of Mauritius — can we reject a Sell in May effect,” report researchers Cherry Zhang and Ben Jacobsen. “Summer risk premiums are not only not significantly positive, they are in most cases not even marginally positive. In 45 countries the excess returns during summer have been negative, and in seven significantly so,” they write. In other words: Historically, all the stock market’s returns have come during the winter months. During the summer months, typically, the stock market’s returns haven’t been any better than the returns on keeping your money in the bank.</p><p><blockquote>研究人员Cherry Zhang和Ben Jacobsen报告称:“在我们拥有总回报和短期利率的65个国家中,除毛里求斯外,我们都无法拒绝5月份的抛售。”他们写道:“夏季风险溢价不仅不显着为正,在大多数情况下甚至不是略微为正。在45个国家,夏季的超额回报为负,其中7个国家的超额回报显着为负。”换句话说:从历史上看,股市的所有回报都发生在冬季。通常,在夏季的几个月里,股市的回报并不比将钱存入银行的回报好多少。</blockquote></p><p>(Oh, unless you’re living in Mauritius.)</p><p><blockquote>(哦,除非你住在毛里求斯。)</blockquote></p><p>Smart money mavens have a number of pushbacks to all this. They’ll point out that this is somewhat random, and makes no logical sense. They’ll warn that likely gains don’t really compensate for the trading costs, the potential taxes (in a taxable account). And they’ll add that you risk missing out if the market rises.</p><p><blockquote>聪明的理财专家对这一切有很多反对意见。他们会指出这有点随机,没有逻辑意义。他们会警告说,可能的收益并不能真正补偿交易成本和潜在的税收(在应税账户中)。他们会补充说,如果市场上涨,你就有错过的风险。</blockquote></p><p>Furthermore, they’ll say, once you and I get in the habit of getting into the market and then out of it again, most of us will simply mess it up. We’ll get back in too early, or too late, or not at all.</p><p><blockquote>此外,他们会说,一旦你和我养成了进入市场然后又退出的习惯,我们大多数人都会把它搞砸。我们会回来得太早,或者太晚,或者根本不回来。</blockquote></p><p>All reasonable points.</p><p><blockquote>所有合理的观点。</blockquote></p><p>So the advice, “leave it alone,” is not wrong.</p><p><blockquote>所以“别管它”的建议并没有错。</blockquote></p><p>But…the mathematical criticism of “sell in May” is partly off-beam. That’s because critics assume we sell on May 1 and go away, and don’t come back until October 31.</p><p><blockquote>但是……对“五月卖出”的数学批评部分是不正确的。这是因为批评者认为我们在5月1日卖出然后离开,直到10月31日才回来。</blockquote></p><p>I’ve looked through the history of the Dow Jones Industrial Average DJIA,+0.70% going back to 1900 and something amazing leaps out.</p><p><blockquote>我回顾了道琼斯工业平均指数道琼斯的历史,自1900年以来上涨了0.70%,出现了一些惊人的情况。</blockquote></p><p>Ignore where the market ends up on October 31. The real opportunity occurs at some point during the six month period.</p><p><blockquote>忽略10月31日市场的最终走向。真正的机会出现在六个月期间的某个时候。</blockquote></p><p>There has<i>almost always</i>been a “summer selloff.” In 105 out of 120 years, or 88% of the time, the stock market has posted a decline at some stage in the six months after May 1.</p><p><blockquote>有<i>几乎总是</i>是“夏季抛售”。120年中有105年(即88%的时间)股市在5月1日之后六个月的某个阶段出现过下跌。</blockquote></p><p>So in almost 9 years out of 10, someone who sold their stock funds at the start of May was able to buy them back more cheaply during the next six months.</p><p><blockquote>因此,几乎十有八九,在5月初出售股票基金的人能够在接下来的六个月内以更便宜的价格回购股票基金。</blockquote></p><p>The average decline is 8%. That’s measured from May through the bottom of the slump.</p><p><blockquote>平均降幅为8%。这是从五月到衰退底部的衡量标准。</blockquote></p><p>In more than half of all years, the Dow Jones has fallen at least 5% during the summer lull, and in nearly one year out of three it has fallen by double digits.</p><p><blockquote>在超过一半的年份中,道琼斯指数在夏季平静期间下跌了至少5%,而在近三年的年份中,道琼斯指数下跌了两位数。</blockquote></p><p>These, of course, included such greatest hits as 2008 (a crash of 37%), 2002 (28%), 1987 (24%), 1907 (32%), and, of course, our old friend the catastrophe of 1929-32. Nearly all the terrible carnage of 1929-1932 took place during the summer months.</p><p><blockquote>当然,这些包括2008年(37%的崩盘)、2002年(28%)、1987年(24%)、1907年(32%)等最大的打击,当然还有我们的老朋友1929-1932年的灾难。1929-1932年几乎所有可怕的大屠杀都发生在夏季。</blockquote></p><p>Weird, but true.</p><p><blockquote>奇怪,但却是真的。</blockquote></p><p>An average selloff of 8% is not small potatoes. Over 20 years, someone who timed such a move perfectly every time would earn a remarkable 400% return.</p><p><blockquote>平均8%的抛售并不是小事。20多年来,每次都能完美把握时机的人将获得400%的惊人回报。</blockquote></p><p></p><p>If the stock market’s past is any guide to the future, the really clever move would be for us to sell our SPDR S&P 500 ETFSPY,+0.22%,Vanguard Total Stock Market Index FundVTSMX,+0.20%or similar this Monday…and then hang around for the sale. We’d buy back our stock fund back either on Hallowe’en, or when the market has fallen, say, 5%—whichever comes first.</p><p><blockquote>如果股市的过去是未来的指南,那么真正明智的举措是我们在本周一出售我们的SPDR标普500 ETFSPY,+0.22%,先锋总股票市场指数基金VTSMX,+0.20%或类似的基金……然后等待出售。我们会在万圣节或市场下跌5%时回购我们的股票基金——以先到者为准。</blockquote></p><p>All the years we got a bargain would more than compensate for the few years when there wasn’t one.</p><p><blockquote>我们得到便宜货的那些年足以弥补没有便宜货的那几年。</blockquote></p><p>On the other hand, if the stock market’s past isn’t any guide to the future, then pretty much everything our financial adviser tells us is nonsense anyway.</p><p><blockquote>另一方面,如果股市的过去不能成为未来的指南,那么我们的财务顾问告诉我们的几乎所有事情都是无稽之谈。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/if-you-sell-in-may-dont-go-away-11620070962?mod=home-page\">Market Wacth</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://static.tigerbbs.com/51fb9fb4bb9a78041d2403ab1f31481b","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/if-you-sell-in-may-dont-go-away-11620070962?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140379495","content_text":"There’s no point leaving money on the table if you’re willing to take a more active roleShould you dump all the stock market funds from your 401(k) and IRA on the first of May, go away, and come back again for Hallowe’en?Definitely, says an old Wall Street adage.Definitely not, say most financial advisers.As for the evidence of history? It’s more ambiguous. If the numbers say anything, maybe it’s that “sell in May and go away” is only half right. Since 1900, someone who sold in May actually could have retired earlier and with more money—but only if they hung around and waited to buy their stocks back during the usual summer panic.Obvious note: If you want an easy life, ignore all trading advice from the Wall Street crowd. Set some basic rules—asset allocation, clearly established sell signals and so on—and stick to them.On the other hand, there’s no point leaving money on the table if you’re willing to take a more active role.The Wall Street phrase “sell in May” dates back at least to the 1930s. Originally it seems to have started in Great Britain, where the rhyme went “sell in May, go away, and don’t come back till St Leger’s Day”—meaning a famous horse race that takes place in mid-September. The theory was that the stock market’s returns over the summer months are usually so dismal that there’s really no point being in the market.The updated version of this adage calls it “the Hallowe’en Effect,” and stretches the hiatus from May 1 to October 31: A full six months.It sounds like superstitious nonsense, but there is some remarkable evidence for it.One exhaustive academic studylooked at all the available stock market data from around the world going as far back as 1693 (coincidentally, the time of the Salem witch trials in Massachusetts—make of this what you will).“In none of the 65 countries for which we have total returns and short term interest rates available—with the exception of Mauritius — can we reject a Sell in May effect,” report researchers Cherry Zhang and Ben Jacobsen. “Summer risk premiums are not only not significantly positive, they are in most cases not even marginally positive. In 45 countries the excess returns during summer have been negative, and in seven significantly so,” they write. In other words: Historically, all the stock market’s returns have come during the winter months. During the summer months, typically, the stock market’s returns haven’t been any better than the returns on keeping your money in the bank.(Oh, unless you’re living in Mauritius.)Smart money mavens have a number of pushbacks to all this. They’ll point out that this is somewhat random, and makes no logical sense. They’ll warn that likely gains don’t really compensate for the trading costs, the potential taxes (in a taxable account). And they’ll add that you risk missing out if the market rises.Furthermore, they’ll say, once you and I get in the habit of getting into the market and then out of it again, most of us will simply mess it up. We’ll get back in too early, or too late, or not at all.All reasonable points.So the advice, “leave it alone,” is not wrong.But…the mathematical criticism of “sell in May” is partly off-beam. That’s because critics assume we sell on May 1 and go away, and don’t come back until October 31.I’ve looked through the history of the Dow Jones Industrial Average DJIA,+0.70% going back to 1900 and something amazing leaps out.Ignore where the market ends up on October 31. The real opportunity occurs at some point during the six month period.There hasalmost alwaysbeen a “summer selloff.” In 105 out of 120 years, or 88% of the time, the stock market has posted a decline at some stage in the six months after May 1.So in almost 9 years out of 10, someone who sold their stock funds at the start of May was able to buy them back more cheaply during the next six months.The average decline is 8%. That’s measured from May through the bottom of the slump.In more than half of all years, the Dow Jones has fallen at least 5% during the summer lull, and in nearly one year out of three it has fallen by double digits.These, of course, included such greatest hits as 2008 (a crash of 37%), 2002 (28%), 1987 (24%), 1907 (32%), and, of course, our old friend the catastrophe of 1929-32. Nearly all the terrible carnage of 1929-1932 took place during the summer months.Weird, but true.An average selloff of 8% is not small potatoes. Over 20 years, someone who timed such a move perfectly every time would earn a remarkable 400% return.If the stock market’s past is any guide to the future, the really clever move would be for us to sell our SPDR S&P 500 ETFSPY,+0.22%,Vanguard Total Stock Market Index FundVTSMX,+0.20%or similar this Monday…and then hang around for the sale. We’d buy back our stock fund back either on Hallowe’en, or when the market has fallen, say, 5%—whichever comes first.All the years we got a bargain would more than compensate for the few years when there wasn’t one.On the other hand, if the stock market’s past isn’t any guide to the future, then pretty much everything our financial adviser tells us is nonsense anyway.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349510668,"gmtCreate":1617624354254,"gmtModify":1634297500981,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Top cyber security company!","listText":"Top cyber security company!","text":"Top cyber security company!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/349510668","repostId":"1182378447","repostType":4,"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161977672,"gmtCreate":1623903296896,"gmtModify":1634026079657,"author":{"id":"3579096500575753","authorId":"3579096500575753","name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579096500575753","idStr":"3579096500575753"},"themes":[],"htmlText":"Buy these 10 stocks so you can be the mini Warren Buffet","listText":"Buy these 10 stocks so you can be the mini Warren Buffet","text":"Buy these 10 stocks so you can be the mini Warren Buffet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/161977672","repostId":"2143379379","repostType":4,"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}