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Atsc89
Atsc89
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2021-12-13
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Atsc89
Atsc89
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2021-11-23
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Dick’s Sporting Goods reports strong Q3 earnings<blockquote>迪克体育用品公司公布强劲的第三季度收益</blockquote>
Net sales for the third quarter at Dick’s Sporting Goods were 2.75 billion dollars, an increase of 1
Dick’s Sporting Goods reports strong Q3 earnings<blockquote>迪克体育用品公司公布强劲的第三季度收益</blockquote>
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Atsc89
Atsc89
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2021-11-18
I love this and like my post
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Atsc89
Atsc89
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2021-10-25
Like pls
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Atsc89
Atsc89
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2021-10-08
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Undervalued Corsair Gaming: a Meme Stock That Isn't One?<blockquote>被低估的海盗船游戏:一只不是的模因股票?</blockquote>
According to Wall Street, Corsair Gaming stock is far from its fair value and investors should expec
Undervalued Corsair Gaming: a Meme Stock That Isn't One?<blockquote>被低估的海盗船游戏:一只不是的模因股票?</blockquote>
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Atsc89
Atsc89
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2021-09-17
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Apple Stock To Crumble Along With S&P 500, Says One Expert<blockquote>一位专家表示,苹果股票将与标普500一起崩溃</blockquote>
Famed portfolio manager Dan Niles thinks that Apple stock is going down, as the broad market correct
Apple Stock To Crumble Along With S&P 500, Says One Expert<blockquote>一位专家表示,苹果股票将与标普500一起崩溃</blockquote>
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Atsc89
Atsc89
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2021-08-25
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Atsc89
Atsc89
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2021-08-19
Give me a like
How to Hedge Your Stock Portfolio Before Interest Rates Start Rising<blockquote>如何在利率开始上升之前对冲您的股票投资组合</blockquote>
If fairy tales were made into parables about investing, the boy who cried wolf would run a tail-risk
How to Hedge Your Stock Portfolio Before Interest Rates Start Rising<blockquote>如何在利率开始上升之前对冲您的股票投资组合</blockquote>
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Atsc89
Atsc89
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2021-07-30
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Atsc89
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2021-07-28
Like pls
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Consolidated same store sales for the quarter increased 12.2 percent.</p><p><blockquote>迪克体育用品公司第三季度的净销售额为27.5亿美元,比2020年第三季度增长13.9%,比2019年第三季度增长40%。该季度的综合同店销售额增长了12.2%。</blockquote></p><p> “We are extremely pleased to announce a record third quarter in which we delivered significant sales and earnings growth over both last year and 2019. Consumer demand remained strong, and our differentiated product assortment continued to drive exceptional sales and merchandise margin momentum,” said Lauren Hobart, the company’s president and chief executive officer.</p><p><blockquote>劳伦表示:“我们非常高兴地宣布,第三季度实现了创纪录的销售额和盈利增长,比去年和2019年都实现了显着的增长。消费者需求依然强劲,我们差异化的产品组合继续推动出色的销售和商品利润率势头。”霍巴特,公司总裁兼首席执行官。</blockquote></p><p> Dick’s Sporting Goods reports rise in Q3 earnings</p><p><blockquote>迪克体育用品公司报告第三季度盈利增长</blockquote></p><p> The company’s ecommerce sales increased 97 percent compared to the third quarter of 2019 and 1 percent compared to the third quarter of 2020.</p><p><blockquote>与2019年第三季度相比,该公司的电子商务销售额增长了97%,与2020年第三季度相比增长了1%。</blockquote></p><p> Driven by strong sales and gross margin rate expansion, the company reported consolidated net income of 316.5 million dollars or 2.78 dollars per diluted share compared to 177.2 million dollars or 1.84 dollars per diluted share last year. The company reported consolidated net income for the third quarter of fiscal 2019 of 57.6 million dollars or 66 cents per diluted share.</p><p><blockquote>在强劲的销售和毛利率扩张的推动下,该公司报告的合并净利润为3.165亿美元,即每股摊薄2.78美元,而去年为1.772亿美元,即每股摊薄1.84美元。该公司报告2019财年第三季度合并净利润为5760万美元,即稀释后每股收益66美分。</blockquote></p><p> On a non-GAAP basis, the company reported consolidated net income for the quarter ended October 30, 2021 of 322.2 million dollars or 3.19 dollars per diluted share compared to 182.2 million dollars or 2.01 dollars per diluted share, for the quarter ended October 31, 2020.</p><p><blockquote>在非GAAP基础上,该公司报告截至2021年10月30日的季度合并净利润为3.222亿美元,即每股摊薄3.19美元,而截至2020年10月31日的季度为1.822亿美元,即每股摊薄2.01美元。</blockquote></p><p> Dick’s Sporting Goods net sales increase 38.4 percent for nine-months</p><p><blockquote>迪克体育用品净销售额九个月增长38.4%</blockquote></p><p> Net sales for the 39 weeks ended October 30, 2021 were 8.94 billion dollars, an increase of 38.4 percent compared to the 39 weeks ended October 31, 2020 and a 45.6 percent increase compared to the 39 weeks ended November 2, 2019. Consolidated same store sales increased 36.6 percent compared to the 2020 period, which followed a consolidated same store sales increase of 5.8 percent for the 2020 period and a 3.1 percent increase for the 2019 period.</p><p><blockquote>截至2021年10月30日的39周净销售额为89.4亿美元,与截至2020年10月31日的39周相比增长38.4%,与截至2019年11月2日的39周相比增长45.6%。与2020年同期相比,综合同店销售额增长了36.6%,此前2020年同期的综合同店销售额增长了5.8%,2019年同期增长了3.1%。</blockquote></p><p> Ecommerce sales increased 115 percent compared to 2019 but decreased 8 percent compared to the 39 weeks ended October 31, 2020, which included a period of temporary store closures in March, April and May.</p><p><blockquote>与2019年相比,电子商务销售额增长了115%,但与截至2020年10月31日的39周相比下降了8%,其中包括3月、4月和5月的临时商店关闭期。</blockquote></p><p> The company reported consolidated net income of 1.17 billion dollars or 10.70 dollars per diluted share, compared to 310.6 million dollars or 3.44 dollars per diluted share. The company reported consolidated net income for the 39 weeks ended November 2, 2019 of 227.6 million dollars or 2.53 dollars per diluted share.</p><p><blockquote>该公司报告的合并净利润为11.7亿美元,即稀释后每股10.70美元,而合并净利润为3.106亿美元,即稀释后每股3.44美元。该公司报告截至2019年11月2日的39周合并净利润为2.276亿美元,即稀释后每股2.53美元。</blockquote></p><p> On a non-GAAP basis, the company reported consolidated net income of 1.19 billion dollars or 12.06 dollars per diluted share, for the 39 weeks ended October 30, 2021, and 321.3 million dollars or 3.65 dollars per diluted share, for the 39 weeks ended October 31, 2020. For the 39 weeks ended November 2, 2019, the company reported non-GAAP consolidated net income of 215.8 million dollars or 2.39 dollars per diluted share.</p><p><blockquote>在非GAAP基础上,该公司报告截至2021年10月30日的39周合并净利润为11.9亿美元或稀释后每股12.06美元,截至2021年10月30日的39周合并净利润为3.213亿美元或稀释后每股3.65美元。2020年10月31日。截至2019年11月2日的39周内,该公司报告的非GAAP合并净利润为2.158亿美元,即稀释后每股收益2.39美元。</blockquote></p><p></p>","source":"lsy1637673370523","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>Dick’s Sporting Goods reports strong Q3 earnings<blockquote>迪克体育用品公司公布强劲的第三季度收益</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\">\nDick’s Sporting Goods reports strong Q3 earnings<blockquote>迪克体育用品公司公布强劲的第三季度收益</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">fashionunited</strong><span class=\"h-time small\">2021-11-23 21:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Net sales for the third quarter at Dick’s Sporting Goods were 2.75 billion dollars, an increase of 13.9 percent compared to the third quarter of 2020 and a 40 percent increase compared to the third quarter of 2019. Consolidated same store sales for the quarter increased 12.2 percent.</p><p><blockquote>迪克体育用品公司第三季度的净销售额为27.5亿美元,比2020年第三季度增长13.9%,比2019年第三季度增长40%。该季度的综合同店销售额增长了12.2%。</blockquote></p><p> “We are extremely pleased to announce a record third quarter in which we delivered significant sales and earnings growth over both last year and 2019. Consumer demand remained strong, and our differentiated product assortment continued to drive exceptional sales and merchandise margin momentum,” said Lauren Hobart, the company’s president and chief executive officer.</p><p><blockquote>劳伦表示:“我们非常高兴地宣布,第三季度实现了创纪录的销售额和盈利增长,比去年和2019年都实现了显着的增长。消费者需求依然强劲,我们差异化的产品组合继续推动出色的销售和商品利润率势头。”霍巴特,公司总裁兼首席执行官。</blockquote></p><p> Dick’s Sporting Goods reports rise in Q3 earnings</p><p><blockquote>迪克体育用品公司报告第三季度盈利增长</blockquote></p><p> The company’s ecommerce sales increased 97 percent compared to the third quarter of 2019 and 1 percent compared to the third quarter of 2020.</p><p><blockquote>与2019年第三季度相比,该公司的电子商务销售额增长了97%,与2020年第三季度相比增长了1%。</blockquote></p><p> Driven by strong sales and gross margin rate expansion, the company reported consolidated net income of 316.5 million dollars or 2.78 dollars per diluted share compared to 177.2 million dollars or 1.84 dollars per diluted share last year. The company reported consolidated net income for the third quarter of fiscal 2019 of 57.6 million dollars or 66 cents per diluted share.</p><p><blockquote>在强劲的销售和毛利率扩张的推动下,该公司报告的合并净利润为3.165亿美元,即每股摊薄2.78美元,而去年为1.772亿美元,即每股摊薄1.84美元。该公司报告2019财年第三季度合并净利润为5760万美元,即稀释后每股收益66美分。</blockquote></p><p> On a non-GAAP basis, the company reported consolidated net income for the quarter ended October 30, 2021 of 322.2 million dollars or 3.19 dollars per diluted share compared to 182.2 million dollars or 2.01 dollars per diluted share, for the quarter ended October 31, 2020.</p><p><blockquote>在非GAAP基础上,该公司报告截至2021年10月30日的季度合并净利润为3.222亿美元,即每股摊薄3.19美元,而截至2020年10月31日的季度为1.822亿美元,即每股摊薄2.01美元。</blockquote></p><p> Dick’s Sporting Goods net sales increase 38.4 percent for nine-months</p><p><blockquote>迪克体育用品净销售额九个月增长38.4%</blockquote></p><p> Net sales for the 39 weeks ended October 30, 2021 were 8.94 billion dollars, an increase of 38.4 percent compared to the 39 weeks ended October 31, 2020 and a 45.6 percent increase compared to the 39 weeks ended November 2, 2019. Consolidated same store sales increased 36.6 percent compared to the 2020 period, which followed a consolidated same store sales increase of 5.8 percent for the 2020 period and a 3.1 percent increase for the 2019 period.</p><p><blockquote>截至2021年10月30日的39周净销售额为89.4亿美元,与截至2020年10月31日的39周相比增长38.4%,与截至2019年11月2日的39周相比增长45.6%。与2020年同期相比,综合同店销售额增长了36.6%,此前2020年同期的综合同店销售额增长了5.8%,2019年同期增长了3.1%。</blockquote></p><p> Ecommerce sales increased 115 percent compared to 2019 but decreased 8 percent compared to the 39 weeks ended October 31, 2020, which included a period of temporary store closures in March, April and May.</p><p><blockquote>与2019年相比,电子商务销售额增长了115%,但与截至2020年10月31日的39周相比下降了8%,其中包括3月、4月和5月的临时商店关闭期。</blockquote></p><p> The company reported consolidated net income of 1.17 billion dollars or 10.70 dollars per diluted share, compared to 310.6 million dollars or 3.44 dollars per diluted share. The company reported consolidated net income for the 39 weeks ended November 2, 2019 of 227.6 million dollars or 2.53 dollars per diluted share.</p><p><blockquote>该公司报告的合并净利润为11.7亿美元,即稀释后每股10.70美元,而合并净利润为3.106亿美元,即稀释后每股3.44美元。该公司报告截至2019年11月2日的39周合并净利润为2.276亿美元,即稀释后每股2.53美元。</blockquote></p><p> On a non-GAAP basis, the company reported consolidated net income of 1.19 billion dollars or 12.06 dollars per diluted share, for the 39 weeks ended October 30, 2021, and 321.3 million dollars or 3.65 dollars per diluted share, for the 39 weeks ended October 31, 2020. For the 39 weeks ended November 2, 2019, the company reported non-GAAP consolidated net income of 215.8 million dollars or 2.39 dollars per diluted share.</p><p><blockquote>在非GAAP基础上,该公司报告截至2021年10月30日的39周合并净利润为11.9亿美元或稀释后每股12.06美元,截至2021年10月30日的39周合并净利润为3.213亿美元或稀释后每股3.65美元。2020年10月31日。截至2019年11月2日的39周内,该公司报告的非GAAP合并净利润为2.158亿美元,即稀释后每股收益2.39美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://fashionunited.uk/news/business/dick-s-sporting-goods-reports-strong-q3-earnings/2021112359536\">fashionunited</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":{"DKS":"迪克体育用品"},"source_url":"https://fashionunited.uk/news/business/dick-s-sporting-goods-reports-strong-q3-earnings/2021112359536","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177043452","content_text":"Net sales for the third quarter at Dick’s Sporting Goods were 2.75 billion dollars, an increase of 13.9 percent compared to the third quarter of 2020 and a 40 percent increase compared to the third quarter of 2019. Consolidated same store sales for the quarter increased 12.2 percent.\n“We are extremely pleased to announce a record third quarter in which we delivered significant sales and earnings growth over both last year and 2019. Consumer demand remained strong, and our differentiated product assortment continued to drive exceptional sales and merchandise margin momentum,” said Lauren Hobart, the company’s president and chief executive officer.\nDick’s Sporting Goods reports rise in Q3 earnings\nThe company’s ecommerce sales increased 97 percent compared to the third quarter of 2019 and 1 percent compared to the third quarter of 2020.\nDriven by strong sales and gross margin rate expansion, the company reported consolidated net income of 316.5 million dollars or 2.78 dollars per diluted share compared to 177.2 million dollars or 1.84 dollars per diluted share last year. The company reported consolidated net income for the third quarter of fiscal 2019 of 57.6 million dollars or 66 cents per diluted share.\nOn a non-GAAP basis, the company reported consolidated net income for the quarter ended October 30, 2021 of 322.2 million dollars or 3.19 dollars per diluted share compared to 182.2 million dollars or 2.01 dollars per diluted share, for the quarter ended October 31, 2020.\nDick’s Sporting Goods net sales increase 38.4 percent for nine-months\nNet sales for the 39 weeks ended October 30, 2021 were 8.94 billion dollars, an increase of 38.4 percent compared to the 39 weeks ended October 31, 2020 and a 45.6 percent increase compared to the 39 weeks ended November 2, 2019. Consolidated same store sales increased 36.6 percent compared to the 2020 period, which followed a consolidated same store sales increase of 5.8 percent for the 2020 period and a 3.1 percent increase for the 2019 period.\nEcommerce sales increased 115 percent compared to 2019 but decreased 8 percent compared to the 39 weeks ended October 31, 2020, which included a period of temporary store closures in March, April and May.\nThe company reported consolidated net income of 1.17 billion dollars or 10.70 dollars per diluted share, compared to 310.6 million dollars or 3.44 dollars per diluted share. The company reported consolidated net income for the 39 weeks ended November 2, 2019 of 227.6 million dollars or 2.53 dollars per diluted share.\nOn a non-GAAP basis, the company reported consolidated net income of 1.19 billion dollars or 12.06 dollars per diluted share, for the 39 weeks ended October 30, 2021, and 321.3 million dollars or 3.65 dollars per diluted share, for the 39 weeks ended October 31, 2020. For the 39 weeks ended November 2, 2019, the company reported non-GAAP consolidated net income of 215.8 million dollars or 2.39 dollars per diluted share.","news_type":1,"symbols_score_info":{"DKS":0.9}},"isVote":1,"tweetType":1,"viewCount":2301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878728499,"gmtCreate":1637235751614,"gmtModify":1637235751716,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"I love this and like my post ","listText":"I love this and like my post ","text":"I love this and like my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878728499","repostId":"1123139623","repostType":4,"isVote":1,"tweetType":1,"viewCount":3182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856944355,"gmtCreate":1635146449498,"gmtModify":1635146449874,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/856944355","repostId":"2178302447","repostType":4,"isVote":1,"tweetType":1,"viewCount":2113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823545765,"gmtCreate":1633651576864,"gmtModify":1633651577190,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/823545765","repostId":"1142831373","repostType":4,"repost":{"id":"1142831373","kind":"news","pubTimestamp":1633650912,"share":"https://www.laohu8.com/m/news/1142831373?lang=zh_CN&edition=full","pubTime":"2021-10-08 07:55","market":"us","language":"en","title":"Undervalued Corsair Gaming: a Meme Stock That Isn't One?<blockquote>被低估的海盗船游戏:一只不是的模因股票?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142831373","media":"TheStreet","summary":"According to Wall Street, Corsair Gaming stock is far from its fair value and investors should expec","content":"<p>According to Wall Street, Corsair Gaming stock is far from its fair value and investors should expect gains ahead. Wall Street Memes discusses the opportunity.</p><p><blockquote>据华尔街称,海盗船博彩公司的股票远未达到其公允价值,投资者应该预计未来会上涨。华尔街迷因讨论了这个机会。</blockquote></p><p> Corsair Gaming stock shares one key feature with the likes of AMC and GameStop: they have been very popular on the main discussion boards lately. However, business fundamentals and recent price action suggest that CRSR does not quite deserve the label “meme stock”.</p><p><blockquote>Corsair Gaming股票与AMC和游戏驿站等公司有一个共同的关键特征:它们最近在主要讨论板上非常受欢迎。然而,商业基本面和最近的价格走势表明,CRSR并不完全配得上“模因股票”的标签。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4524f69dcb99f2a1c856c0c42af1061\" tg-width=\"1240\" tg-height=\"698\" width=\"100%\" height=\"auto\"><span>Figure 1: Corsair gaming PC.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:海盗船游戏电脑。</span></p></blockquote></p><p> CRSR probably draws the attention of the Reddit crowd due to its very high short interest of 37% of the float, along with cheap valuations. Partly for these reasons, Wall Street analysts have been calling for significant upside potential in Corsair stock, as we detail below.</p><p><blockquote>CRSR可能会引起Reddit人群的注意,因为它的空头利息非常高,占流通量的37%,而且估值低廉。部分出于这些原因,华尔街分析师一直呼吁海盗船股票具有巨大的上涨潜力,我们将在下面详细介绍。</blockquote></p><p> <b>Bullishness despite earnings miss</b></p><p><blockquote><b>尽管盈利未达预期,但仍保持乐观</b></blockquote></p><p> Based on four reports in the last 2 months, Corsair stock has a consensus share price target of $39, which implies 52% upside from current levels. Three out of four analysts rate the stock a buy, while one of them holds a neutral stance.</p><p><blockquote>根据过去两个月的四份报告,Corsair股票的一致股价目标为39美元,这意味着较当前水平上涨52%。四分之三的分析师将该股评级为买入,其中一名分析师持中性立场。</blockquote></p><p> Despite advocating for 63% upside potential and a buy recommendation,<b>Barclays</b> analyst Mario Lu lowered his price target to $42 from $47 recently. The second quarter earnings miss weighed on his price projection, especially due to lack of guidance. However, he highlighted that Corsair gained share in the components category in Q2 and maintaining share in peripherals, while the entire industry faced increasing shipping costs.</p><p><blockquote>尽管主张63%的上涨潜力并给予买入建议,<b>巴克莱银行</b>分析师Mario Lu最近将目标价从47美元下调至42美元。第二季度盈利不佳影响了他的价格预测,特别是由于缺乏指导。然而,他强调,Corsair在第二季度获得了组件类别的份额,并保持了外围设备的份额,而整个行业面临着不断增加的运输成本。</blockquote></p><p> <b>Baird</b> analyst Colin Sebastian was another who lowered the firm's price target to $38 from $48. The analyst still recommends a buy based on longer-term prospects. The pros of investing, which include new product introductions and direct-to-consumer opportunities, outweigh the current supply chain bottlenecks and higher logistics and freight costs.</p><p><blockquote><b>贝尔德</b>分析师科林·塞巴斯蒂安(Colin Sebastian)是另一位将该公司目标价从48美元下调至38美元的人。基于长期前景,分析师仍建议买入。投资的好处包括新产品推出和直接面向消费者的机会,超过了当前的供应链瓶颈以及更高的物流和货运成本。</blockquote></p><p> The last bull on the radar is <b>Wedbush</b>’s Michael Pachter. The analyst pulled back on his very bullish $55 price target but maintained his buy recommendation, following Corsair second quarter earnings results miss. Still, the analyst sees upside potential of over 70%.</p><p><blockquote>雷达上的最后一头公牛是<b>韦德布什</b>迈克尔·帕切特。在Corsair第二季度盈利业绩未达预期后,该分析师下调了非常乐观的55美元目标价,但维持了买入建议。尽管如此,分析师仍认为上涨潜力超过70%。</blockquote></p><p> The skeptical one is <b>Credit Suisse’</b>s Matthew Cabral, who lowered his price target to $31 from $43 and also downgraded the stock from buy to neutral. Weighing on his decision were a revenue and EBITDA misses, while Gaming and Creator Peripherals sales growth decelerated. The analyst suggested that fading tailwinds from the stay-at-home days impacted Corsair’s demand.</p><p><blockquote>持怀疑态度的是<b>瑞士信贷</b>马修·卡布拉尔(Matthew Cabral)将目标价从43美元下调至31美元,并将该股评级从买入下调至中性。影响他决定的是收入和EBITDA未达预期,而游戏和创作者外设销售增长放缓。这位分析师表示,居家日的顺风减弱影响了海盗船的需求。</blockquote></p><p> <b>Wall Street Memes view</b></p><p><blockquote><b>华尔街模因视图</b></blockquote></p><p> Even with a slightly miss on second quarter results, Corsair Gaming remained a solid bet in the eyes of Wall Street experts. Trailing P/E of 14 times compares favorably to an average P/E of 25 times in the gaming industry. Considering solid growth opportunities – global gaming is expected to reach $257 billion by 2025 – Corsair’s earnings multiple does not look overly stretched.</p><p><blockquote>尽管第二季度业绩略有下滑,但在华尔街专家眼中,海盗船游戏仍然是一个可靠的赌注。14倍的追踪市盈率优于博彩业25倍的平均市盈率。考虑到稳健的增长机会——全球博彩业预计到2025年将达到2570亿美元——Corsair的市盈率看起来并没有过度紧张。</blockquote></p><p> Lastly,short interest of 37% of the float seems too high for a decent company that is far from being in trouble. Due to CRSR being a short selling target, bulls could benefit not only from the strong business fundamentals, but also from a possible short squeeze ahead.</p><p><blockquote>最后,对于一家远未陷入困境的体面公司来说,37%的空头利息似乎太高了。由于CRSR是卖空目标,多头不仅可以受益于强劲的商业基本面,还可以受益于未来可能的轧空。</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>Undervalued Corsair Gaming: a Meme Stock That Isn't One?<blockquote>被低估的海盗船游戏:一只不是的模因股票?</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\">\nUndervalued Corsair Gaming: a Meme Stock That Isn't One?<blockquote>被低估的海盗船游戏:一只不是的模因股票?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-10-08 07:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>According to Wall Street, Corsair Gaming stock is far from its fair value and investors should expect gains ahead. Wall Street Memes discusses the opportunity.</p><p><blockquote>据华尔街称,海盗船博彩公司的股票远未达到其公允价值,投资者应该预计未来会上涨。华尔街迷因讨论了这个机会。</blockquote></p><p> Corsair Gaming stock shares one key feature with the likes of AMC and GameStop: they have been very popular on the main discussion boards lately. However, business fundamentals and recent price action suggest that CRSR does not quite deserve the label “meme stock”.</p><p><blockquote>Corsair Gaming股票与AMC和游戏驿站等公司有一个共同的关键特征:它们最近在主要讨论板上非常受欢迎。然而,商业基本面和最近的价格走势表明,CRSR并不完全配得上“模因股票”的标签。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4524f69dcb99f2a1c856c0c42af1061\" tg-width=\"1240\" tg-height=\"698\" width=\"100%\" height=\"auto\"><span>Figure 1: Corsair gaming PC.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:海盗船游戏电脑。</span></p></blockquote></p><p> CRSR probably draws the attention of the Reddit crowd due to its very high short interest of 37% of the float, along with cheap valuations. Partly for these reasons, Wall Street analysts have been calling for significant upside potential in Corsair stock, as we detail below.</p><p><blockquote>CRSR可能会引起Reddit人群的注意,因为它的空头利息非常高,占流通量的37%,而且估值低廉。部分出于这些原因,华尔街分析师一直呼吁海盗船股票具有巨大的上涨潜力,我们将在下面详细介绍。</blockquote></p><p> <b>Bullishness despite earnings miss</b></p><p><blockquote><b>尽管盈利未达预期,但仍保持乐观</b></blockquote></p><p> Based on four reports in the last 2 months, Corsair stock has a consensus share price target of $39, which implies 52% upside from current levels. Three out of four analysts rate the stock a buy, while one of them holds a neutral stance.</p><p><blockquote>根据过去两个月的四份报告,Corsair股票的一致股价目标为39美元,这意味着较当前水平上涨52%。四分之三的分析师将该股评级为买入,其中一名分析师持中性立场。</blockquote></p><p> Despite advocating for 63% upside potential and a buy recommendation,<b>Barclays</b> analyst Mario Lu lowered his price target to $42 from $47 recently. The second quarter earnings miss weighed on his price projection, especially due to lack of guidance. However, he highlighted that Corsair gained share in the components category in Q2 and maintaining share in peripherals, while the entire industry faced increasing shipping costs.</p><p><blockquote>尽管主张63%的上涨潜力并给予买入建议,<b>巴克莱银行</b>分析师Mario Lu最近将目标价从47美元下调至42美元。第二季度盈利不佳影响了他的价格预测,特别是由于缺乏指导。然而,他强调,Corsair在第二季度获得了组件类别的份额,并保持了外围设备的份额,而整个行业面临着不断增加的运输成本。</blockquote></p><p> <b>Baird</b> analyst Colin Sebastian was another who lowered the firm's price target to $38 from $48. The analyst still recommends a buy based on longer-term prospects. The pros of investing, which include new product introductions and direct-to-consumer opportunities, outweigh the current supply chain bottlenecks and higher logistics and freight costs.</p><p><blockquote><b>贝尔德</b>分析师科林·塞巴斯蒂安(Colin Sebastian)是另一位将该公司目标价从48美元下调至38美元的人。基于长期前景,分析师仍建议买入。投资的好处包括新产品推出和直接面向消费者的机会,超过了当前的供应链瓶颈以及更高的物流和货运成本。</blockquote></p><p> The last bull on the radar is <b>Wedbush</b>’s Michael Pachter. The analyst pulled back on his very bullish $55 price target but maintained his buy recommendation, following Corsair second quarter earnings results miss. Still, the analyst sees upside potential of over 70%.</p><p><blockquote>雷达上的最后一头公牛是<b>韦德布什</b>迈克尔·帕切特。在Corsair第二季度盈利业绩未达预期后,该分析师下调了非常乐观的55美元目标价,但维持了买入建议。尽管如此,分析师仍认为上涨潜力超过70%。</blockquote></p><p> The skeptical one is <b>Credit Suisse’</b>s Matthew Cabral, who lowered his price target to $31 from $43 and also downgraded the stock from buy to neutral. Weighing on his decision were a revenue and EBITDA misses, while Gaming and Creator Peripherals sales growth decelerated. The analyst suggested that fading tailwinds from the stay-at-home days impacted Corsair’s demand.</p><p><blockquote>持怀疑态度的是<b>瑞士信贷</b>马修·卡布拉尔(Matthew Cabral)将目标价从43美元下调至31美元,并将该股评级从买入下调至中性。影响他决定的是收入和EBITDA未达预期,而游戏和创作者外设销售增长放缓。这位分析师表示,居家日的顺风减弱影响了海盗船的需求。</blockquote></p><p> <b>Wall Street Memes view</b></p><p><blockquote><b>华尔街模因视图</b></blockquote></p><p> Even with a slightly miss on second quarter results, Corsair Gaming remained a solid bet in the eyes of Wall Street experts. Trailing P/E of 14 times compares favorably to an average P/E of 25 times in the gaming industry. Considering solid growth opportunities – global gaming is expected to reach $257 billion by 2025 – Corsair’s earnings multiple does not look overly stretched.</p><p><blockquote>尽管第二季度业绩略有下滑,但在华尔街专家眼中,海盗船游戏仍然是一个可靠的赌注。14倍的追踪市盈率优于博彩业25倍的平均市盈率。考虑到稳健的增长机会——全球博彩业预计到2025年将达到2570亿美元——Corsair的市盈率看起来并没有过度紧张。</blockquote></p><p> Lastly,short interest of 37% of the float seems too high for a decent company that is far from being in trouble. Due to CRSR being a short selling target, bulls could benefit not only from the strong business fundamentals, but also from a possible short squeeze ahead.</p><p><blockquote>最后,对于一家远未陷入困境的体面公司来说,37%的空头利息似乎太高了。由于CRSR是卖空目标,多头不仅可以受益于强劲的商业基本面,还可以受益于未来可能的轧空。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/memestocks/other-memes/corsair-stock-has-50-upside-says-wall-street\">TheStreet</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":{"CRSR":"Corsair Gaming, Inc."},"source_url":"https://www.thestreet.com/memestocks/other-memes/corsair-stock-has-50-upside-says-wall-street","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142831373","content_text":"According to Wall Street, Corsair Gaming stock is far from its fair value and investors should expect gains ahead. Wall Street Memes discusses the opportunity.\nCorsair Gaming stock shares one key feature with the likes of AMC and GameStop: they have been very popular on the main discussion boards lately. However, business fundamentals and recent price action suggest that CRSR does not quite deserve the label “meme stock”.\nFigure 1: Corsair gaming PC.\nCRSR probably draws the attention of the Reddit crowd due to its very high short interest of 37% of the float, along with cheap valuations. Partly for these reasons, Wall Street analysts have been calling for significant upside potential in Corsair stock, as we detail below.\nBullishness despite earnings miss\nBased on four reports in the last 2 months, Corsair stock has a consensus share price target of $39, which implies 52% upside from current levels. Three out of four analysts rate the stock a buy, while one of them holds a neutral stance.\nDespite advocating for 63% upside potential and a buy recommendation,Barclays analyst Mario Lu lowered his price target to $42 from $47 recently. The second quarter earnings miss weighed on his price projection, especially due to lack of guidance. However, he highlighted that Corsair gained share in the components category in Q2 and maintaining share in peripherals, while the entire industry faced increasing shipping costs.\nBaird analyst Colin Sebastian was another who lowered the firm's price target to $38 from $48. The analyst still recommends a buy based on longer-term prospects. The pros of investing, which include new product introductions and direct-to-consumer opportunities, outweigh the current supply chain bottlenecks and higher logistics and freight costs.\nThe last bull on the radar is Wedbush’s Michael Pachter. The analyst pulled back on his very bullish $55 price target but maintained his buy recommendation, following Corsair second quarter earnings results miss. Still, the analyst sees upside potential of over 70%.\nThe skeptical one is Credit Suisse’s Matthew Cabral, who lowered his price target to $31 from $43 and also downgraded the stock from buy to neutral. Weighing on his decision were a revenue and EBITDA misses, while Gaming and Creator Peripherals sales growth decelerated. The analyst suggested that fading tailwinds from the stay-at-home days impacted Corsair’s demand.\nWall Street Memes view\nEven with a slightly miss on second quarter results, Corsair Gaming remained a solid bet in the eyes of Wall Street experts. Trailing P/E of 14 times compares favorably to an average P/E of 25 times in the gaming industry. Considering solid growth opportunities – global gaming is expected to reach $257 billion by 2025 – Corsair’s earnings multiple does not look overly stretched.\nLastly,short interest of 37% of the float seems too high for a decent company that is far from being in trouble. Due to CRSR being a short selling target, bulls could benefit not only from the strong business fundamentals, but also from a possible short squeeze ahead.","news_type":1,"symbols_score_info":{"CRSR":0.9}},"isVote":1,"tweetType":1,"viewCount":2563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884854234,"gmtCreate":1631882459828,"gmtModify":1632805614207,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/884854234","repostId":"1160944962","repostType":4,"repost":{"id":"1160944962","kind":"news","pubTimestamp":1631881684,"share":"https://www.laohu8.com/m/news/1160944962?lang=zh_CN&edition=full","pubTime":"2021-09-17 20:28","market":"us","language":"en","title":"Apple Stock To Crumble Along With S&P 500, Says One Expert<blockquote>一位专家表示,苹果股票将与标普500一起崩溃</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160944962","media":"TheStreet","summary":"Famed portfolio manager Dan Niles thinks that Apple stock is going down, as the broad market correct","content":"<p>Famed portfolio manager Dan Niles thinks that Apple stock is going down, as the broad market corrects up to 20%. Could his bearishness come to fruition?</p><p><blockquote>著名投资组合经理Dan Niles认为,随着大盘回调高达20%,苹果股票正在下跌。他的悲观情绪会实现吗?</blockquote></p><p> Apple stock is about to take a dive alongside the rest of the market. At least this is what Satori Fund’s portfolio manager Dan Niles believes in, as he unveiled his short position on AAPL during a CNBC interview earlier this week.</p><p><blockquote>苹果股票即将与市场其他股票一起暴跌。至少Satori Fund的投资组合经理Dan Niles是这么认为的,他在本周早些时候接受CNBC采访时透露了他对AAPL的空头头寸。</blockquote></p><p> Today, the Apple Maven looks at the bearish case and assesses whether Dan’s concerns might have merits.</p><p><blockquote>今天,这位苹果专家着眼于看跌的情况,并评估丹的担忧是否有道理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab3d6af5118ba8435cff4b332c3525a5\" tg-width=\"1240\" tg-height=\"600\" width=\"100%\" height=\"auto\"><span>Figure 1: Dan Niles interview on Squawk Box CNBC.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:丹·奈尔斯在美国消费者新闻与商业频道Squawk Box上的采访。</span></p></blockquote></p><p> <b>AAPL: pressure from all sides</b></p><p><blockquote><b>苹果公司:来自各方的压力</b></blockquote></p><p> Dan Niles’ list of reasons why Apple stock and the S&P 500 will likely dip is long. It all starts with an assessment of the Cupertino company’s share price behavior, following the September 14 announcement of the iPhone 13.</p><p><blockquote>Dan Niles列出了苹果股票和标普500可能下跌的原因很长。这一切都始于对这家库比蒂诺公司9月14日发布iPhone 13后股价行为的评估。</blockquote></p><p> According to Mr. Niles, AAPL tends to succumb to sell-the-news pressures around this time of the year. His observation is well founded. The chart below,provided by Stock Rover, shows that Apple stock has underperformed the S&P 500 the most in the last few months of the year, at least over the past decade.</p><p><blockquote>奈尔斯表示,苹果公司在每年的这个时候往往会屈服于抛售压力。他的观察是有根据的。下图由Stock Rover提供,显示苹果股票在今年最后几个月的表现最逊于标普500,至少在过去十年中是如此。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5adebbd41107c35aa1e2b02a79a54ad1\" tg-width=\"906\" tg-height=\"300\" width=\"100%\" height=\"auto\"><span>Figure 2: AAPL average monthly return vs. S&P (seasonality).</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2:AAPL平均月回报率与S&P(季节性)。</span></p></blockquote></p><p> Still on short term performance, the portfolio manager thinks that Apple stock is priced too aggressively ahead of what he believes will be tough COVID-19 comps. Apple delivered outstanding results during and right after the holiday period last year, as the chart below depicts. Topping such performance will be hard, if not nearly impossible.</p><p><blockquote>仍然从短期表现来看,这位投资组合经理认为,在他认为将是艰难的COVID-19比较之前,苹果股票的定价过于激进。如下图所示,苹果在去年假期期间和假期结束后取得了出色的业绩。超越这样的表现即使不是几乎不可能,也是很困难的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af89400f036896ebbb02d811348863dc\" tg-width=\"541\" tg-height=\"364\" width=\"100%\" height=\"auto\"><span>Figure 3: AAPL total revenue growth.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3:AAPL总收入增长。</span></p></blockquote></p><p> On this topic, experts seem to be split between a bullish majority and a bearish minority. Wedbush’s Dan Ives, for example, would likely disagree with Dan Niles. According to the Wall Street analyst – and I tend to agree with him – the digital transformation and 5G upgrade cycle should last years, not only a few atypical pandemic months.</p><p><blockquote>在这个话题上,专家们似乎分为看涨的多数和看跌的少数。例如,韦德布什的丹·艾夫斯可能不同意丹·奈尔斯的观点。这位华尔街分析师表示——我倾向于同意他的观点——数字化转型和5G升级周期应该持续数年,而不仅仅是几个非典型的疫情月。</blockquote></p><p> <b>S&P 500: pricey and facing headwinds</b></p><p><blockquote><b>标普500:价格昂贵且面临阻力</b></blockquote></p><p> While Dan Niles’ bearish arguments on AAPL shares could stand alone, his pessimism towards the broad market might be the one-two punch that knocks Apple stock down. Mr. Niles sees the S&P 500 correcting between 10% and 20% by the end of this year.</p><p><blockquote>虽然Dan Niles对AAPL股票的看跌论点可能是孤立的,但他对大盘的悲观情绪可能是导致苹果股票下跌的一两拳。Niles先生预计,到今年年底,标普500将调整10%至20%。</blockquote></p><p> At the top of his list of reasons why this could happen is a deadly combo: inflation, COVID-19 worries and high valuations. I sympathize with his concerns, as all three have been key risk factors for the markets since at least the beginning of this year, if not longer.</p><p><blockquote>在他列出的可能发生这种情况的原因中,最重要的是一个致命的组合:通货膨胀、对COVID-19的担忧和高估值。我同情他的担忧,因为至少自今年年初(如果不是更长时间的话)以来,这三个因素一直是市场的关键风险因素。</blockquote></p><p> The better news for bulls, in my view, is that none of the above is “new news” to investors. Equities have endured the headwinds very well through several months in 2021 so far, which I take as a positive sign that any potential worry may have already been priced in.</p><p><blockquote>在我看来,对多头来说更好的消息是,以上对投资者来说都不是“新消息”。到目前为止,股市在2021年的几个月里很好地经受住了逆风,我认为这是一个积极的迹象,表明任何潜在的担忧可能都已经被消化了。</blockquote></p><p> This is not to say, of course, that risks should be dismissed. Rather, I just don’t believe that the market or Apple stock investors will suddenly dump their positions based on old information – unless something drastic and unexpected, such as substantially higher inflation or interest rates, were to happen.</p><p><blockquote>当然,这并不是说应该忽视风险。相反,我只是不相信市场或苹果股票投资者会根据旧信息突然抛售头寸——除非发生剧烈且意想不到的事情,例如通胀或利率大幅上升。</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 Stock To Crumble Along With S&P 500, Says One Expert<blockquote>一位专家表示,苹果股票将与标普500一起崩溃</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 Stock To Crumble Along With S&P 500, Says One Expert<blockquote>一位专家表示,苹果股票将与标普500一起崩溃</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-09-17 20:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Famed portfolio manager Dan Niles thinks that Apple stock is going down, as the broad market corrects up to 20%. Could his bearishness come to fruition?</p><p><blockquote>著名投资组合经理Dan Niles认为,随着大盘回调高达20%,苹果股票正在下跌。他的悲观情绪会实现吗?</blockquote></p><p> Apple stock is about to take a dive alongside the rest of the market. At least this is what Satori Fund’s portfolio manager Dan Niles believes in, as he unveiled his short position on AAPL during a CNBC interview earlier this week.</p><p><blockquote>苹果股票即将与市场其他股票一起暴跌。至少Satori Fund的投资组合经理Dan Niles是这么认为的,他在本周早些时候接受CNBC采访时透露了他对AAPL的空头头寸。</blockquote></p><p> Today, the Apple Maven looks at the bearish case and assesses whether Dan’s concerns might have merits.</p><p><blockquote>今天,这位苹果专家着眼于看跌的情况,并评估丹的担忧是否有道理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab3d6af5118ba8435cff4b332c3525a5\" tg-width=\"1240\" tg-height=\"600\" width=\"100%\" height=\"auto\"><span>Figure 1: Dan Niles interview on Squawk Box CNBC.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:丹·奈尔斯在美国消费者新闻与商业频道Squawk Box上的采访。</span></p></blockquote></p><p> <b>AAPL: pressure from all sides</b></p><p><blockquote><b>苹果公司:来自各方的压力</b></blockquote></p><p> Dan Niles’ list of reasons why Apple stock and the S&P 500 will likely dip is long. It all starts with an assessment of the Cupertino company’s share price behavior, following the September 14 announcement of the iPhone 13.</p><p><blockquote>Dan Niles列出了苹果股票和标普500可能下跌的原因很长。这一切都始于对这家库比蒂诺公司9月14日发布iPhone 13后股价行为的评估。</blockquote></p><p> According to Mr. Niles, AAPL tends to succumb to sell-the-news pressures around this time of the year. His observation is well founded. The chart below,provided by Stock Rover, shows that Apple stock has underperformed the S&P 500 the most in the last few months of the year, at least over the past decade.</p><p><blockquote>奈尔斯表示,苹果公司在每年的这个时候往往会屈服于抛售压力。他的观察是有根据的。下图由Stock Rover提供,显示苹果股票在今年最后几个月的表现最逊于标普500,至少在过去十年中是如此。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5adebbd41107c35aa1e2b02a79a54ad1\" tg-width=\"906\" tg-height=\"300\" width=\"100%\" height=\"auto\"><span>Figure 2: AAPL average monthly return vs. S&P (seasonality).</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2:AAPL平均月回报率与S&P(季节性)。</span></p></blockquote></p><p> Still on short term performance, the portfolio manager thinks that Apple stock is priced too aggressively ahead of what he believes will be tough COVID-19 comps. Apple delivered outstanding results during and right after the holiday period last year, as the chart below depicts. Topping such performance will be hard, if not nearly impossible.</p><p><blockquote>仍然从短期表现来看,这位投资组合经理认为,在他认为将是艰难的COVID-19比较之前,苹果股票的定价过于激进。如下图所示,苹果在去年假期期间和假期结束后取得了出色的业绩。超越这样的表现即使不是几乎不可能,也是很困难的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af89400f036896ebbb02d811348863dc\" tg-width=\"541\" tg-height=\"364\" width=\"100%\" height=\"auto\"><span>Figure 3: AAPL total revenue growth.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3:AAPL总收入增长。</span></p></blockquote></p><p> On this topic, experts seem to be split between a bullish majority and a bearish minority. Wedbush’s Dan Ives, for example, would likely disagree with Dan Niles. According to the Wall Street analyst – and I tend to agree with him – the digital transformation and 5G upgrade cycle should last years, not only a few atypical pandemic months.</p><p><blockquote>在这个话题上,专家们似乎分为看涨的多数和看跌的少数。例如,韦德布什的丹·艾夫斯可能不同意丹·奈尔斯的观点。这位华尔街分析师表示——我倾向于同意他的观点——数字化转型和5G升级周期应该持续数年,而不仅仅是几个非典型的疫情月。</blockquote></p><p> <b>S&P 500: pricey and facing headwinds</b></p><p><blockquote><b>标普500:价格昂贵且面临阻力</b></blockquote></p><p> While Dan Niles’ bearish arguments on AAPL shares could stand alone, his pessimism towards the broad market might be the one-two punch that knocks Apple stock down. Mr. Niles sees the S&P 500 correcting between 10% and 20% by the end of this year.</p><p><blockquote>虽然Dan Niles对AAPL股票的看跌论点可能是孤立的,但他对大盘的悲观情绪可能是导致苹果股票下跌的一两拳。Niles先生预计,到今年年底,标普500将调整10%至20%。</blockquote></p><p> At the top of his list of reasons why this could happen is a deadly combo: inflation, COVID-19 worries and high valuations. I sympathize with his concerns, as all three have been key risk factors for the markets since at least the beginning of this year, if not longer.</p><p><blockquote>在他列出的可能发生这种情况的原因中,最重要的是一个致命的组合:通货膨胀、对COVID-19的担忧和高估值。我同情他的担忧,因为至少自今年年初(如果不是更长时间的话)以来,这三个因素一直是市场的关键风险因素。</blockquote></p><p> The better news for bulls, in my view, is that none of the above is “new news” to investors. Equities have endured the headwinds very well through several months in 2021 so far, which I take as a positive sign that any potential worry may have already been priced in.</p><p><blockquote>在我看来,对多头来说更好的消息是,以上对投资者来说都不是“新消息”。到目前为止,股市在2021年的几个月里很好地经受住了逆风,我认为这是一个积极的迹象,表明任何潜在的担忧可能都已经被消化了。</blockquote></p><p> This is not to say, of course, that risks should be dismissed. Rather, I just don’t believe that the market or Apple stock investors will suddenly dump their positions based on old information – unless something drastic and unexpected, such as substantially higher inflation or interest rates, were to happen.</p><p><blockquote>当然,这并不是说应该忽视风险。相反,我只是不相信市场或苹果股票投资者会根据旧信息突然抛售头寸——除非发生剧烈且意想不到的事情,例如通胀或利率大幅上升。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/apple/news/apple-stock-to-crumble-along-with-s-p-500-says-one-expert\">TheStreet</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://www.thestreet.com/apple/news/apple-stock-to-crumble-along-with-s-p-500-says-one-expert","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160944962","content_text":"Famed portfolio manager Dan Niles thinks that Apple stock is going down, as the broad market corrects up to 20%. Could his bearishness come to fruition?\nApple stock is about to take a dive alongside the rest of the market. At least this is what Satori Fund’s portfolio manager Dan Niles believes in, as he unveiled his short position on AAPL during a CNBC interview earlier this week.\nToday, the Apple Maven looks at the bearish case and assesses whether Dan’s concerns might have merits.\nFigure 1: Dan Niles interview on Squawk Box CNBC.\nAAPL: pressure from all sides\nDan Niles’ list of reasons why Apple stock and the S&P 500 will likely dip is long. It all starts with an assessment of the Cupertino company’s share price behavior, following the September 14 announcement of the iPhone 13.\nAccording to Mr. Niles, AAPL tends to succumb to sell-the-news pressures around this time of the year. His observation is well founded. The chart below,provided by Stock Rover, shows that Apple stock has underperformed the S&P 500 the most in the last few months of the year, at least over the past decade.\nFigure 2: AAPL average monthly return vs. S&P (seasonality).\nStill on short term performance, the portfolio manager thinks that Apple stock is priced too aggressively ahead of what he believes will be tough COVID-19 comps. Apple delivered outstanding results during and right after the holiday period last year, as the chart below depicts. Topping such performance will be hard, if not nearly impossible.\nFigure 3: AAPL total revenue growth.\nOn this topic, experts seem to be split between a bullish majority and a bearish minority. Wedbush’s Dan Ives, for example, would likely disagree with Dan Niles. According to the Wall Street analyst – and I tend to agree with him – the digital transformation and 5G upgrade cycle should last years, not only a few atypical pandemic months.\nS&P 500: pricey and facing headwinds\nWhile Dan Niles’ bearish arguments on AAPL shares could stand alone, his pessimism towards the broad market might be the one-two punch that knocks Apple stock down. Mr. Niles sees the S&P 500 correcting between 10% and 20% by the end of this year.\nAt the top of his list of reasons why this could happen is a deadly combo: inflation, COVID-19 worries and high valuations. I sympathize with his concerns, as all three have been key risk factors for the markets since at least the beginning of this year, if not longer.\nThe better news for bulls, in my view, is that none of the above is “new news” to investors. Equities have endured the headwinds very well through several months in 2021 so far, which I take as a positive sign that any potential worry may have already been priced in.\nThis is not to say, of course, that risks should be dismissed. Rather, I just don’t believe that the market or Apple stock investors will suddenly dump their positions based on old information – unless something drastic and unexpected, such as substantially higher inflation or interest rates, were to happen.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837692766,"gmtCreate":1629880784555,"gmtModify":1631889080883,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"Done","listText":"Done","text":"Done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837692766","repostId":"2162087564","repostType":4,"isVote":1,"tweetType":1,"viewCount":1599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838997972,"gmtCreate":1629363241696,"gmtModify":1631889080888,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"Give me a like","listText":"Give me a like","text":"Give me a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/838997972","repostId":"1118120303","repostType":4,"repost":{"id":"1118120303","kind":"news","pubTimestamp":1629362423,"share":"https://www.laohu8.com/m/news/1118120303?lang=zh_CN&edition=full","pubTime":"2021-08-19 16:40","market":"us","language":"en","title":"How to Hedge Your Stock Portfolio Before Interest Rates Start Rising<blockquote>如何在利率开始上升之前对冲您的股票投资组合</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118120303","media":"Barron's","summary":"If fairy tales were made into parables about investing, the boy who cried wolf would run a tail-risk","content":"<p>If fairy tales were made into parables about investing, the boy who cried wolf would run a tail-risk fund.</p><p><blockquote>如果童话故事被改编成关于投资的寓言,喊狼来了的男孩将经营一只尾部风险基金。</blockquote></p><p> To protect his stocks, the vigilant boy would perpetually buybearish options contractsin anticipation that stock prices would fall. He would now be very busy, as many ominous events are bounding across the world’s stage.</p><p><blockquote>为了保护自己的股票,这个警惕的男孩会不断买入看跌期权合约,因为他预计股价会下跌。他现在会非常忙,因为许多不祥的事件正在世界舞台上跳跃。</blockquote></p><p> Thefall of Afghanistanis a potentially destabilizing market event, especially ahead of the 20th anniversary of the Sept. 11 terrorist attack on the U.S.</p><p><blockquote>阿富汗的陷落是一个潜在的破坏市场稳定的事件,尤其是在9月11日美国恐怖袭击20周年之前。</blockquote></p><p> The resurgence of Covid-19, weakening retail sales, China saber-rattling toward Taiwan, China mocking America’s sloppy Afghanistan withdrawal, andsigns of sticky inflationare all reasons for extra vigilance.</p><p><blockquote>Covid-19的死灰复燃、零售销售疲软、中国对台湾的武力威胁、中国嘲笑美国草率的阿富汗撤军以及粘性通胀的迹象都值得格外警惕。</blockquote></p><p> But the major event that would most alarm our hero would be the Federal Reserve’smeeting in Jackson Hole, Wyo., at the end of the month. Jerome Powell, the Fed’s chairman, is expected to speak. He is the big, bad wolf of this reimagined story.</p><p><blockquote>但最让我们的英雄震惊的重大事件将是本月底在怀俄明州杰克逊霍尔举行的美联储会议。美联储主席鲍威尔预计将发表讲话。他是这个重新想象的故事中的大灰狼。</blockquote></p><p> Powell’s speech might offer concrete clues about potential changes to monetary policy—which could pummel stocks.</p><p><blockquote>鲍威尔的讲话可能会为货币政策的潜在变化提供具体线索,这可能会打击股市。</blockquote></p><p> When interest rates are low, as they are now, investors can move far out on the so-called risk curve. It’s cheap to borrow money and thus relatively easy to make money doing something as simple asbuying dividend-paying stocksand as complex as quantitative trading. With rates low enough, even Bitcoin and emerging market debt can be attractive.</p><p><blockquote>当利率较低时,就像现在一样,投资者可以在所谓的风险曲线上走得更远。借钱很便宜,因此做一些简单的事情(如购买派息股票)和复杂的事情(如量化交易)赚钱相对容易。由于利率足够低,即使是比特币和新兴市场的债务也可能具有吸引力。</blockquote></p><p> Yet this time, even if the boy who cried wolf is wrong, investors need to be aware that many others will be listening to himahead of expected changes to interest rates.</p><p><blockquote>然而,这一次,即使喊狼来了的男孩是错的,投资者也需要意识到,许多其他人将听取他关于利率预期变化的意见。</blockquote></p><p> Stock prices are generally dancing around record highs—a phrase used in this column year after year—as historically low interest rates remain the central defining fact of the market.</p><p><blockquote>由于历史低利率仍然是市场的核心定义事实,股价通常在历史高点附近波动——这是本专栏年复一年使用的一个短语。</blockquote></p><p> But it seems that the more investors talk about corrections, or why corrections won’t happen, the bearish narrative prevails, at least for a bit.</p><p><blockquote>但似乎投资者越多地谈论调整,或者为什么调整不会发生,看跌的说法就占了上风,至少在一段时间内是这样。</blockquote></p><p> Expectations that something will soon happen to easy-money rates are leading to a burst of hedging activity.</p><p><blockquote>对宽松货币利率很快就会发生变化的预期正在导致对冲活动的爆发。</blockquote></p><p> One major investor has created a bearish position in theSPDR S&P 500exchange-traded fund (ticker: SPY) that would prove profitable if the stock market fell about 4% by Sept. 3. The investor sold 25,000 September $427 put options and bought 25,000 $440 puts, all expiring on Sept. 3, to cover the Fed’s Jackson Hole symposium from Aug. 26 to Aug. 28.</p><p><blockquote>一位主要投资者在SPDR S&P 500交易所交易基金(股票代码:SPDR标普500指数ETF)中建立了看跌头寸,如果股市到9月3日下跌约4%,该基金将会盈利。该投资者卖出了25,000份9月427美元看跌期权,并买入了25,000份440美元看跌期权,全部将于9月3日到期,以覆盖8月26日至8月28日举行的美联储杰克逊霍尔研讨会。</blockquote></p><p> This column has rarely offered a suggestion to hedge portfolios. It has almost always seemed better to us to sell puts to anxious investors and use the proceeds to buy upside call options to profit from stock advances.</p><p><blockquote>本专栏很少提供对冲投资组合的建议。对我们来说,向焦虑的投资者出售看跌期权并用所得收益购买上行看涨期权期权以从股票上涨中获利似乎总是更好。</blockquote></p><p> Similarly, we have been hesitant to recommend stock-replacement strategies. Because low interest rates always seemed the key ingredient in the bull market, there was seldom a strategic reason for selling stocks and buying calls.</p><p><blockquote>同样,我们也一直犹豫是否推荐股票替换策略。因为低利率似乎总是牛市的关键因素,所以很少有卖出股票和买入评级的战略理由。</blockquote></p><p> But now, using upside calls as stock surrogates does indeed seem attractive for anyone who thinks that rates could rise. The strategy is worth pondering for investors with substantial stock profits.</p><p><blockquote>但现在,对于任何认为利率可能上升的人来说,使用上行评级作为股票替代品似乎确实很有吸引力。对于股票利润丰厚的投资者来说,该策略值得深思。</blockquote></p><p> If this resonates, review your stocks. Sell enough shares to realize a profit of, say, 50% to 100% on your initial investment. If you sold 500 shares to lock in gains, for example, buy a corresponding number of upside calls that expire in, say, three months. This will buy you just enough time to see how the stock—and the market—performs.</p><p><blockquote>如果这引起了共鸣,请检查您的股票。出售足够的股票以实现初始投资50%到100%的利润。例如,如果您出售500股以锁定收益,请购买相应数量的三个月后到期的上涨评级。这将为您赢得足够的时间来了解股票和市场的表现。</blockquote></p><p> The goal is not to be scared of wolves, and to make sure that your appetite for volatility is aligned with your investment timeline.</p><p><blockquote>目标是不要害怕狼,并确保您对波动性的偏好与您的投资时间表一致。</blockquote></p><p> <i>Steven M. Sears is the president and chief operating officer of Options Solutions, a specialized asset-management firm. Neither he nor the firm has a position in the options or underlying securities mentioned in this column.</i></p><p><blockquote><i>Steven M.Sears是专业资产管理公司Options Solutions的总裁兼首席运营官。他和公司都没有在本专栏提到的期权或基础证券中持有头寸。</i></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>How to Hedge Your Stock Portfolio Before Interest Rates Start Rising<blockquote>如何在利率开始上升之前对冲您的股票投资组合</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\">\nHow to Hedge Your Stock Portfolio Before Interest Rates Start Rising<blockquote>如何在利率开始上升之前对冲您的股票投资组合</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\">2021-08-19 16:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>If fairy tales were made into parables about investing, the boy who cried wolf would run a tail-risk fund.</p><p><blockquote>如果童话故事被改编成关于投资的寓言,喊狼来了的男孩将经营一只尾部风险基金。</blockquote></p><p> To protect his stocks, the vigilant boy would perpetually buybearish options contractsin anticipation that stock prices would fall. He would now be very busy, as many ominous events are bounding across the world’s stage.</p><p><blockquote>为了保护自己的股票,这个警惕的男孩会不断买入看跌期权合约,因为他预计股价会下跌。他现在会非常忙,因为许多不祥的事件正在世界舞台上跳跃。</blockquote></p><p> Thefall of Afghanistanis a potentially destabilizing market event, especially ahead of the 20th anniversary of the Sept. 11 terrorist attack on the U.S.</p><p><blockquote>阿富汗的陷落是一个潜在的破坏市场稳定的事件,尤其是在9月11日美国恐怖袭击20周年之前。</blockquote></p><p> The resurgence of Covid-19, weakening retail sales, China saber-rattling toward Taiwan, China mocking America’s sloppy Afghanistan withdrawal, andsigns of sticky inflationare all reasons for extra vigilance.</p><p><blockquote>Covid-19的死灰复燃、零售销售疲软、中国对台湾的武力威胁、中国嘲笑美国草率的阿富汗撤军以及粘性通胀的迹象都值得格外警惕。</blockquote></p><p> But the major event that would most alarm our hero would be the Federal Reserve’smeeting in Jackson Hole, Wyo., at the end of the month. Jerome Powell, the Fed’s chairman, is expected to speak. He is the big, bad wolf of this reimagined story.</p><p><blockquote>但最让我们的英雄震惊的重大事件将是本月底在怀俄明州杰克逊霍尔举行的美联储会议。美联储主席鲍威尔预计将发表讲话。他是这个重新想象的故事中的大灰狼。</blockquote></p><p> Powell’s speech might offer concrete clues about potential changes to monetary policy—which could pummel stocks.</p><p><blockquote>鲍威尔的讲话可能会为货币政策的潜在变化提供具体线索,这可能会打击股市。</blockquote></p><p> When interest rates are low, as they are now, investors can move far out on the so-called risk curve. It’s cheap to borrow money and thus relatively easy to make money doing something as simple asbuying dividend-paying stocksand as complex as quantitative trading. With rates low enough, even Bitcoin and emerging market debt can be attractive.</p><p><blockquote>当利率较低时,就像现在一样,投资者可以在所谓的风险曲线上走得更远。借钱很便宜,因此做一些简单的事情(如购买派息股票)和复杂的事情(如量化交易)赚钱相对容易。由于利率足够低,即使是比特币和新兴市场的债务也可能具有吸引力。</blockquote></p><p> Yet this time, even if the boy who cried wolf is wrong, investors need to be aware that many others will be listening to himahead of expected changes to interest rates.</p><p><blockquote>然而,这一次,即使喊狼来了的男孩是错的,投资者也需要意识到,许多其他人将听取他关于利率预期变化的意见。</blockquote></p><p> Stock prices are generally dancing around record highs—a phrase used in this column year after year—as historically low interest rates remain the central defining fact of the market.</p><p><blockquote>由于历史低利率仍然是市场的核心定义事实,股价通常在历史高点附近波动——这是本专栏年复一年使用的一个短语。</blockquote></p><p> But it seems that the more investors talk about corrections, or why corrections won’t happen, the bearish narrative prevails, at least for a bit.</p><p><blockquote>但似乎投资者越多地谈论调整,或者为什么调整不会发生,看跌的说法就占了上风,至少在一段时间内是这样。</blockquote></p><p> Expectations that something will soon happen to easy-money rates are leading to a burst of hedging activity.</p><p><blockquote>对宽松货币利率很快就会发生变化的预期正在导致对冲活动的爆发。</blockquote></p><p> One major investor has created a bearish position in theSPDR S&P 500exchange-traded fund (ticker: SPY) that would prove profitable if the stock market fell about 4% by Sept. 3. The investor sold 25,000 September $427 put options and bought 25,000 $440 puts, all expiring on Sept. 3, to cover the Fed’s Jackson Hole symposium from Aug. 26 to Aug. 28.</p><p><blockquote>一位主要投资者在SPDR S&P 500交易所交易基金(股票代码:SPDR标普500指数ETF)中建立了看跌头寸,如果股市到9月3日下跌约4%,该基金将会盈利。该投资者卖出了25,000份9月427美元看跌期权,并买入了25,000份440美元看跌期权,全部将于9月3日到期,以覆盖8月26日至8月28日举行的美联储杰克逊霍尔研讨会。</blockquote></p><p> This column has rarely offered a suggestion to hedge portfolios. It has almost always seemed better to us to sell puts to anxious investors and use the proceeds to buy upside call options to profit from stock advances.</p><p><blockquote>本专栏很少提供对冲投资组合的建议。对我们来说,向焦虑的投资者出售看跌期权并用所得收益购买上行看涨期权期权以从股票上涨中获利似乎总是更好。</blockquote></p><p> Similarly, we have been hesitant to recommend stock-replacement strategies. Because low interest rates always seemed the key ingredient in the bull market, there was seldom a strategic reason for selling stocks and buying calls.</p><p><blockquote>同样,我们也一直犹豫是否推荐股票替换策略。因为低利率似乎总是牛市的关键因素,所以很少有卖出股票和买入评级的战略理由。</blockquote></p><p> But now, using upside calls as stock surrogates does indeed seem attractive for anyone who thinks that rates could rise. The strategy is worth pondering for investors with substantial stock profits.</p><p><blockquote>但现在,对于任何认为利率可能上升的人来说,使用上行评级作为股票替代品似乎确实很有吸引力。对于股票利润丰厚的投资者来说,该策略值得深思。</blockquote></p><p> If this resonates, review your stocks. Sell enough shares to realize a profit of, say, 50% to 100% on your initial investment. If you sold 500 shares to lock in gains, for example, buy a corresponding number of upside calls that expire in, say, three months. This will buy you just enough time to see how the stock—and the market—performs.</p><p><blockquote>如果这引起了共鸣,请检查您的股票。出售足够的股票以实现初始投资50%到100%的利润。例如,如果您出售500股以锁定收益,请购买相应数量的三个月后到期的上涨评级。这将为您赢得足够的时间来了解股票和市场的表现。</blockquote></p><p> The goal is not to be scared of wolves, and to make sure that your appetite for volatility is aligned with your investment timeline.</p><p><blockquote>目标是不要害怕狼,并确保您对波动性的偏好与您的投资时间表一致。</blockquote></p><p> <i>Steven M. Sears is the president and chief operating officer of Options Solutions, a specialized asset-management firm. Neither he nor the firm has a position in the options or underlying securities mentioned in this column.</i></p><p><blockquote><i>Steven M.Sears是专业资产管理公司Options Solutions的总裁兼首席运营官。他和公司都没有在本专栏提到的期权或基础证券中持有头寸。</i></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/articles/how-to-hedge-your-stock-portfolio-before-interest-rates-start-rising-51629361806?mod=mw_latestnews\">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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/articles/how-to-hedge-your-stock-portfolio-before-interest-rates-start-rising-51629361806?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118120303","content_text":"If fairy tales were made into parables about investing, the boy who cried wolf would run a tail-risk fund.\nTo protect his stocks, the vigilant boy would perpetually buybearish options contractsin anticipation that stock prices would fall. He would now be very busy, as many ominous events are bounding across the world’s stage.\nThefall of Afghanistanis a potentially destabilizing market event, especially ahead of the 20th anniversary of the Sept. 11 terrorist attack on the U.S.\nThe resurgence of Covid-19, weakening retail sales, China saber-rattling toward Taiwan, China mocking America’s sloppy Afghanistan withdrawal, andsigns of sticky inflationare all reasons for extra vigilance.\nBut the major event that would most alarm our hero would be the Federal Reserve’smeeting in Jackson Hole, Wyo., at the end of the month. Jerome Powell, the Fed’s chairman, is expected to speak. He is the big, bad wolf of this reimagined story.\nPowell’s speech might offer concrete clues about potential changes to monetary policy—which could pummel stocks.\nWhen interest rates are low, as they are now, investors can move far out on the so-called risk curve. It’s cheap to borrow money and thus relatively easy to make money doing something as simple asbuying dividend-paying stocksand as complex as quantitative trading. With rates low enough, even Bitcoin and emerging market debt can be attractive.\nYet this time, even if the boy who cried wolf is wrong, investors need to be aware that many others will be listening to himahead of expected changes to interest rates.\nStock prices are generally dancing around record highs—a phrase used in this column year after year—as historically low interest rates remain the central defining fact of the market.\nBut it seems that the more investors talk about corrections, or why corrections won’t happen, the bearish narrative prevails, at least for a bit.\nExpectations that something will soon happen to easy-money rates are leading to a burst of hedging activity.\nOne major investor has created a bearish position in theSPDR S&P 500exchange-traded fund (ticker: SPY) that would prove profitable if the stock market fell about 4% by Sept. 3. The investor sold 25,000 September $427 put options and bought 25,000 $440 puts, all expiring on Sept. 3, to cover the Fed’s Jackson Hole symposium from Aug. 26 to Aug. 28.\nThis column has rarely offered a suggestion to hedge portfolios. It has almost always seemed better to us to sell puts to anxious investors and use the proceeds to buy upside call options to profit from stock advances.\nSimilarly, we have been hesitant to recommend stock-replacement strategies. Because low interest rates always seemed the key ingredient in the bull market, there was seldom a strategic reason for selling stocks and buying calls.\nBut now, using upside calls as stock surrogates does indeed seem attractive for anyone who thinks that rates could rise. The strategy is worth pondering for investors with substantial stock profits.\nIf this resonates, review your stocks. Sell enough shares to realize a profit of, say, 50% to 100% on your initial investment. If you sold 500 shares to lock in gains, for example, buy a corresponding number of upside calls that expire in, say, three months. This will buy you just enough time to see how the stock—and the market—performs.\nThe goal is not to be scared of wolves, and to make sure that your appetite for volatility is aligned with your investment timeline.\nSteven M. Sears is the president and chief operating officer of Options Solutions, a specialized asset-management firm. Neither he nor the firm has a position in the options or underlying securities mentioned in this column.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806000057,"gmtCreate":1627613828179,"gmtModify":1631889080891,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/806000057","repostId":"2155184148","repostType":4,"isVote":1,"tweetType":1,"viewCount":2091,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803210982,"gmtCreate":1627440666646,"gmtModify":1631889080894,"author":{"id":"3562791266647459","authorId":"3562791266647459","name":"Atsc89","avatar":"https://static.tigerbbs.com/9ec47b1c36e59ba1ef8caac8ab619319","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562791266647459","idStr":"3562791266647459"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/803210982","repostId":"2154991792","repostType":4,"isVote":1,"tweetType":1,"viewCount":2775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}