The Suez Canal Is Still Blocked. These Stocks Could Benefit.

Barrons2021-03-26

A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal. The ...

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精彩评论

J5385
2021-03-29
J5385
nice article. like n comment pls
dahae
2021-03-26
dahae
hello
mrmuhdamir
2021-03-26
mrmuhdamir
interesting
kino318
2021-03-26
kino318
Rumour everywhere
Milliondream
2021-03-26
Milliondream
Temp fun
- HUATkueh:
  Ok
erichosk
2021-03-26
erichosk
Just blow up the ship and the blockage is resolved. Heehee!
- 股神徒孙:
  Lol

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A ship is stuck in the Suez Canal.\nThe ...\n\n<a href=\"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GE","symbol_name":"GE航空航天","start_time":0,"source_url":"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1","article_id":"1123246935","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123246935","pubTimestamp":1616743753,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlo","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GE":"GE航空航天","PH":"汉尼汾","ETH":"低成本以太坊ETF-Grayscale","HON":"霍尼韦尔","TSM":"台积电","ROK":"罗克韦尔自动化","EMR":"艾默生电气","PTC":"PTC Inc.","INTC":"英特尔","SSNLF":"三星电子","FTV":"Fortive Corporation"},"translate_title":"苏伊士运河仍然被封锁。这些股票可能会受益。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EMR":0.9,"FTV":0.9,"INTC":0.9,"GE":0.9,"ROK":0.9,"PTC":0.9,"ETH":0.9,"HON":0.9,"TSM":0.9,"SSNLF":0.9,"PH":0.9},"content_text":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlobal supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.\nThe situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.\nSuez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships and more than a billion tons of cargo pass through the canal each year.\nThe Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.\nSupply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.\nHoneywell International (ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”\nThe industrial conglomerate has a prominent aerospace business, among other operations.\n“2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO Larry Culp told Barron’s in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.\n“Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”\n“More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.\nIn the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was breaking down a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.\nBank of America industrial analyst Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by Taiwan Semiconductor Manufacturing (TSM) and Samsung (005930. Korea).\nThe amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.\nFor investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving global economy and the opportunity to digitize all the data that industrial machinery generates, to offer better customer service and new products.\nObin sees the reshoring trend helping some stocks he rates at Buy, including Parker-Hannifin (PH),Rockwell Automation (ROK), Eaton (ETN), Fortive (FTV),Emerson Electric (EMR), and PTC (PTC).\nThose six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the S&P 500 and Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&P 500 are up about 25% over the same span.\nObin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.\nThe problem with the Suez Canal highlights how it can be better to do that closer to home.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[{"id":352762650,"gmtCreate":1617006060770,"gmtModify":1634523184927,"author":{"id":"3573450191379774","authorId":"3573450191379774","name":"J5385","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3573450191379774","idStr":"3573450191379774"},"htmlText":"nice article. like n comment pls","listText":"nice article. like n comment pls","text":"nice article. like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/352762650","repostId":1123246935,"repostType":2,"repost":{"id":"1123246935","kind":"news","pubTimestamp":1616743753,"share":"https://www.laohu8.com/m/news/1123246935?lang=zh_CN&edition=full","pubTime":"2021-03-26 15:29","market":"us","language":"en","title":"The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123246935","media":"Barrons","summary":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlo","content":"<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</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\">\nThe Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-03-26 15:29\n\n</h4>\n</header>\n<article>\n<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","PH":"汉尼汾","ETH":"低成本以太坊ETF-Grayscale","HON":"霍尼韦尔","TSM":"台积电","ROK":"罗克韦尔自动化","EMR":"艾默生电气","PTC":"PTC Inc.","INTC":"英特尔","SSNLF":"三星电子","FTV":"Fortive Corporation"},"source_url":"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123246935","content_text":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlobal supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.\nThe situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.\nSuez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships and more than a billion tons of cargo pass through the canal each year.\nThe Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.\nSupply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.\nHoneywell International (ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”\nThe industrial conglomerate has a prominent aerospace business, among other operations.\n“2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO Larry Culp told Barron’s in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.\n“Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”\n“More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.\nIn the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was breaking down a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.\nBank of America industrial analyst Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by Taiwan Semiconductor Manufacturing (TSM) and Samsung (005930. Korea).\nThe amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.\nFor investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving global economy and the opportunity to digitize all the data that industrial machinery generates, to offer better customer service and new products.\nObin sees the reshoring trend helping some stocks he rates at Buy, including Parker-Hannifin (PH),Rockwell Automation (ROK), Eaton (ETN), Fortive (FTV),Emerson Electric (EMR), and PTC (PTC).\nThose six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the S&P 500 and Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&P 500 are up about 25% over the same span.\nObin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.\nThe problem with the Suez Canal highlights how it can be better to do that closer to home.","news_type":1,"symbols_score_info":{"EMR":0.9,"FTV":0.9,"INTC":0.9,"GE":0.9,"ROK":0.9,"PTC":0.9,"ETH":0.9,"HON":0.9,"TSM":0.9,"SSNLF":0.9,"PH":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":356628634,"gmtCreate":1616773265928,"gmtModify":1634524050299,"author":{"id":"3560092322694803","authorId":"3560092322694803","name":"dahae","avatar":"https://static.tigerbbs.com/137beae1f6048901843924ba46796740","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3560092322694803","idStr":"3560092322694803"},"htmlText":"hello","listText":"hello","text":"hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/356628634","repostId":1123246935,"repostType":4,"repost":{"id":"1123246935","kind":"news","pubTimestamp":1616743753,"share":"https://www.laohu8.com/m/news/1123246935?lang=zh_CN&edition=full","pubTime":"2021-03-26 15:29","market":"us","language":"en","title":"The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123246935","media":"Barrons","summary":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlo","content":"<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</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\">\nThe Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-03-26 15:29\n\n</h4>\n</header>\n<article>\n<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","PH":"汉尼汾","ETH":"低成本以太坊ETF-Grayscale","HON":"霍尼韦尔","TSM":"台积电","ROK":"罗克韦尔自动化","EMR":"艾默生电气","PTC":"PTC Inc.","INTC":"英特尔","SSNLF":"三星电子","FTV":"Fortive Corporation"},"source_url":"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123246935","content_text":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlobal supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.\nThe situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.\nSuez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships and more than a billion tons of cargo pass through the canal each year.\nThe Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.\nSupply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.\nHoneywell International (ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”\nThe industrial conglomerate has a prominent aerospace business, among other operations.\n“2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO Larry Culp told Barron’s in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.\n“Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”\n“More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.\nIn the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was breaking down a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.\nBank of America industrial analyst Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by Taiwan Semiconductor Manufacturing (TSM) and Samsung (005930. Korea).\nThe amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.\nFor investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving global economy and the opportunity to digitize all the data that industrial machinery generates, to offer better customer service and new products.\nObin sees the reshoring trend helping some stocks he rates at Buy, including Parker-Hannifin (PH),Rockwell Automation (ROK), Eaton (ETN), Fortive (FTV),Emerson Electric (EMR), and PTC (PTC).\nThose six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the S&P 500 and Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&P 500 are up about 25% over the same span.\nObin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.\nThe problem with the Suez Canal highlights how it can be better to do that closer to home.","news_type":1,"symbols_score_info":{"EMR":0.9,"FTV":0.9,"INTC":0.9,"GE":0.9,"ROK":0.9,"PTC":0.9,"ETH":0.9,"HON":0.9,"TSM":0.9,"SSNLF":0.9,"PH":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":356368237,"gmtCreate":1616757041129,"gmtModify":1634524164104,"author":{"id":"3578348302372885","authorId":"3578348302372885","name":"mrmuhdamir","avatar":"https://static.tigerbbs.com/7a13f688dd894ca2310303de254f45dc","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3578348302372885","idStr":"3578348302372885"},"htmlText":"interesting&nbsp;","listText":"interesting&nbsp;","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/356368237","repostId":1123246935,"repostType":4,"repost":{"id":"1123246935","kind":"news","pubTimestamp":1616743753,"share":"https://www.laohu8.com/m/news/1123246935?lang=zh_CN&edition=full","pubTime":"2021-03-26 15:29","market":"us","language":"en","title":"The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123246935","media":"Barrons","summary":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlo","content":"<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</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\">\nThe Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-03-26 15:29\n\n</h4>\n</header>\n<article>\n<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","PH":"汉尼汾","ETH":"低成本以太坊ETF-Grayscale","HON":"霍尼韦尔","TSM":"台积电","ROK":"罗克韦尔自动化","EMR":"艾默生电气","PTC":"PTC Inc.","INTC":"英特尔","SSNLF":"三星电子","FTV":"Fortive Corporation"},"source_url":"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123246935","content_text":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlobal supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.\nThe situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.\nSuez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships and more than a billion tons of cargo pass through the canal each year.\nThe Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.\nSupply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.\nHoneywell International (ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”\nThe industrial conglomerate has a prominent aerospace business, among other operations.\n“2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO Larry Culp told Barron’s in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.\n“Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”\n“More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.\nIn the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was breaking down a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.\nBank of America industrial analyst Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by Taiwan Semiconductor Manufacturing (TSM) and Samsung (005930. Korea).\nThe amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.\nFor investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving global economy and the opportunity to digitize all the data that industrial machinery generates, to offer better customer service and new products.\nObin sees the reshoring trend helping some stocks he rates at Buy, including Parker-Hannifin (PH),Rockwell Automation (ROK), Eaton (ETN), Fortive (FTV),Emerson Electric (EMR), and PTC (PTC).\nThose six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the S&P 500 and Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&P 500 are up about 25% over the same span.\nObin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.\nThe problem with the Suez Canal highlights how it can be better to do that closer to home.","news_type":1,"symbols_score_info":{"EMR":0.9,"FTV":0.9,"INTC":0.9,"GE":0.9,"ROK":0.9,"PTC":0.9,"ETH":0.9,"HON":0.9,"TSM":0.9,"SSNLF":0.9,"PH":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":356934902,"gmtCreate":1616747853606,"gmtModify":1634524221452,"author":{"id":"3578134255896974","authorId":"3578134255896974","name":"kino318","avatar":"https://static.tigerbbs.com/e983f44b7853b7b8c10f1b3f6e19dc68","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3578134255896974","idStr":"3578134255896974"},"htmlText":"Rumour everywhere","listText":"Rumour everywhere","text":"Rumour everywhere","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/356934902","repostId":1123246935,"repostType":4,"repost":{"id":"1123246935","kind":"news","pubTimestamp":1616743753,"share":"https://www.laohu8.com/m/news/1123246935?lang=zh_CN&edition=full","pubTime":"2021-03-26 15:29","market":"us","language":"en","title":"The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123246935","media":"Barrons","summary":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlo","content":"<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</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\">\nThe Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-03-26 15:29\n\n</h4>\n</header>\n<article>\n<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","PH":"汉尼汾","ETH":"低成本以太坊ETF-Grayscale","HON":"霍尼韦尔","TSM":"台积电","ROK":"罗克韦尔自动化","EMR":"艾默生电气","PTC":"PTC Inc.","INTC":"英特尔","SSNLF":"三星电子","FTV":"Fortive Corporation"},"source_url":"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123246935","content_text":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlobal supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.\nThe situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.\nSuez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships and more than a billion tons of cargo pass through the canal each year.\nThe Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.\nSupply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.\nHoneywell International (ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”\nThe industrial conglomerate has a prominent aerospace business, among other operations.\n“2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO Larry Culp told Barron’s in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.\n“Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”\n“More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.\nIn the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was breaking down a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.\nBank of America industrial analyst Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by Taiwan Semiconductor Manufacturing (TSM) and Samsung (005930. Korea).\nThe amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.\nFor investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving global economy and the opportunity to digitize all the data that industrial machinery generates, to offer better customer service and new products.\nObin sees the reshoring trend helping some stocks he rates at Buy, including Parker-Hannifin (PH),Rockwell Automation (ROK), Eaton (ETN), Fortive (FTV),Emerson Electric (EMR), and PTC (PTC).\nThose six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the S&P 500 and Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&P 500 are up about 25% over the same span.\nObin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.\nThe problem with the Suez Canal highlights how it can be better to do that closer to home.","news_type":1,"symbols_score_info":{"EMR":0.9,"FTV":0.9,"INTC":0.9,"GE":0.9,"ROK":0.9,"PTC":0.9,"ETH":0.9,"HON":0.9,"TSM":0.9,"SSNLF":0.9,"PH":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":356045223,"gmtCreate":1616746436962,"gmtModify":1634524244152,"author":{"id":"3559283513621894","authorId":"3559283513621894","name":"Milliondream","avatar":"https://static.tigerbbs.com/2a00e2718679bd499f27764a78342e5c","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3559283513621894","idStr":"3559283513621894"},"htmlText":"Temp fun","listText":"Temp fun","text":"Temp fun","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/356045223","repostId":1123246935,"repostType":4,"repost":{"id":"1123246935","kind":"news","pubTimestamp":1616743753,"share":"https://www.laohu8.com/m/news/1123246935?lang=zh_CN&edition=full","pubTime":"2021-03-26 15:29","market":"us","language":"en","title":"The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123246935","media":"Barrons","summary":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlo","content":"<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</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\">\nThe Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-03-26 15:29\n\n</h4>\n</header>\n<article>\n<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","PH":"汉尼汾","ETH":"低成本以太坊ETF-Grayscale","HON":"霍尼韦尔","TSM":"台积电","ROK":"罗克韦尔自动化","EMR":"艾默生电气","PTC":"PTC Inc.","INTC":"英特尔","SSNLF":"三星电子","FTV":"Fortive Corporation"},"source_url":"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123246935","content_text":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlobal supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.\nThe situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.\nSuez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships and more than a billion tons of cargo pass through the canal each year.\nThe Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.\nSupply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.\nHoneywell International (ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”\nThe industrial conglomerate has a prominent aerospace business, among other operations.\n“2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO Larry Culp told Barron’s in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.\n“Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”\n“More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.\nIn the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was breaking down a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.\nBank of America industrial analyst Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by Taiwan Semiconductor Manufacturing (TSM) and Samsung (005930. Korea).\nThe amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.\nFor investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving global economy and the opportunity to digitize all the data that industrial machinery generates, to offer better customer service and new products.\nObin sees the reshoring trend helping some stocks he rates at Buy, including Parker-Hannifin (PH),Rockwell Automation (ROK), Eaton (ETN), Fortive (FTV),Emerson Electric (EMR), and PTC (PTC).\nThose six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the S&P 500 and Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&P 500 are up about 25% over the same span.\nObin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.\nThe problem with the Suez Canal highlights how it can be better to do that closer to home.","news_type":1,"symbols_score_info":{"EMR":0.9,"FTV":0.9,"INTC":0.9,"GE":0.9,"ROK":0.9,"PTC":0.9,"ETH":0.9,"HON":0.9,"TSM":0.9,"SSNLF":0.9,"PH":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3889474,"gmtCreate":1616747214726,"gmtModify":1635748863414,"authorId":3572312712757258,"author":{"id":3572312712757258,"idStr":"3572312712757258","authorId":3572312712757258,"name":"HUATkueh","avatar":"https://static.tigerbbs.com/936c7c3c568dece3e2a6ae1a4510ab73","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":356045223,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":356050840,"gmtCreate":1616745800280,"gmtModify":1634524251772,"author":{"id":"3575433293784452","authorId":"3575433293784452","name":"erichosk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3575433293784452","idStr":"3575433293784452"},"htmlText":"Just blow up the ship and the blockage is resolved. Heehee!","listText":"Just blow up the ship and the blockage is resolved. Heehee!","text":"Just blow up the ship and the blockage is resolved. Heehee!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/356050840","repostId":1123246935,"repostType":4,"repost":{"id":"1123246935","kind":"news","pubTimestamp":1616743753,"share":"https://www.laohu8.com/m/news/1123246935?lang=zh_CN&edition=full","pubTime":"2021-03-26 15:29","market":"us","language":"en","title":"The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123246935","media":"Barrons","summary":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlo","content":"<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</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\">\nThe Suez Canal Is Still Blocked. These Stocks Could Benefit.<blockquote>苏伊士运河仍然被封锁。这些股票可能会受益。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-03-26 15:29\n\n</h4>\n</header>\n<article>\n<img src=\"https://static.tigerbbs.com/524cf4dfeedcc92b163092e7730fbe9f\" tg-width=\"1260\" tg-height=\"943\">A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images<blockquote>周三船只堵塞苏伊士运河的照片。苏伊士运河管理局来自法新社/盖蒂图片社</blockquote> Global supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.<blockquote>出于一个奇怪的原因，全球供应链再次成为焦点。一艘船被困在苏伊士运河。</blockquote> The situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.<blockquote>这种情况不太可能产生持久影响，但它表明了企业全球供应链的脆弱性，这是自疫情爆发以来他们一直在努力解决的问题。供应链管理变得越来越困难，给工业股带来了新的风险，甚至更大的机会。</blockquote> Suez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships&nbsp;and more than a billion tons of cargo pass through the canal each year.<blockquote>苏伊士运河是埃及从红海到地中海的捷径，是全球最重要的运河之一。它使得从中东和亚洲到欧洲的海上旅行成为可能，而无需绕着非洲航行，从而减少了运输时间和成本。每年有数千艘船只和超过10亿吨的货物通过运河。</blockquote> The Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.<blockquote>苏伊士运河的情况可能会很快得到解决，尽管工程师们似乎仍在研究如何解决。然而，这一事件仍然表明，管理分散的全球供应链变得多么困难。</blockquote> Supply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.<blockquote>在疫情期间，供应链一直是投资者和管理团队讨论的一个大话题。由于其他地方的封锁浪潮中断了交付，世界各地的工厂不得不关闭，或寻求昂贵的零部件空运。与此同时，对健康相关商品的需求猛增，而一些同一家公司生产的其他产品的销售却下滑，迫使采购经理立即重新分配资源。</blockquote> Honeywell International&nbsp;(ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”<blockquote>例如，霍尼韦尔国际公司（股票代码：HON）开设了10个生产基地，生产口罩和呼吸机传感器。“我们必须在航空航天领域签订合同，”该公司供应链主管托斯顿·皮尔磁(Torsten Pilz)表示。“我们有快速做事的经验。”</blockquote> The industrial conglomerate has a prominent aerospace business, among other operations.<blockquote>该工业集团拥有著名的航空航天业务等业务。</blockquote> “2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO&nbsp;Larry Culp&nbsp;told&nbsp;Barron’s&nbsp;in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.<blockquote>通用电气（股票代码：GE）首席执行官拉里·卡尔普(Larry Culp)表示：“从供应链的角度来看，2020年极具挑战性。”巴伦周刊在最近的一次采访中。“在我们自己的设施和供应基地。”卡尔普正在使用精益管理技术（一种解决问题的统计方法）来改善通用电气运营的各个方面，包括供应链管理。</blockquote> “Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”<blockquote>“从组织上来说，我们还不错，”霍尼韦尔的皮尔磁在反思2020年的困难时说道。“我们减少了工厂和配送中心的数量。最重要的是，我们建立了或多或少区域性的供应链。”</blockquote> “More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.<blockquote>“或多或少的区域性”正在成为行业内的一个主题。这个概念也出现在回流或“在哪里销售”范式的讨论中。</blockquote> In the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was&nbsp;breaking down&nbsp;a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.<blockquote>在本世纪初，许多工业企业追求最低的劳动力成本，只是将产品运往世界各地。但即使在疫情之前，随着中国等地工资上涨以及贸易壁垒开始出现，这种模式也有所崩溃。新冠肺炎加速了这一趋势。</blockquote> Bank of America industrial analyst&nbsp;Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel&nbsp;announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) and&nbsp;Samsung&nbsp;(005930. Korea).<blockquote>美国银行工业分析师安德鲁·奥宾（Andrew Obin）几个月来一直在跟踪回流数据点，他周四写了另一个例子。奥宾在一份研究报告中写道：“英特尔宣布投资200亿美元在美国建设两家半导体晶圆厂。”他补充说，英特尔(INTC)的消息是在台积电(TSM)和三星(005930.Korea)宣布之后发布的。</blockquote> The amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of&nbsp;flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.<blockquote>他表示，由于这一转变而回流美国的资金数量足以推动美国工业设备制造商的发展。奥宾表示：“自2000年以来，美国科技的离岸外包是美国实际制造业产出持平的最大驱动力。”英特尔的声明代表着朝着扭转这一局面迈出了一步。</blockquote> For investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving&nbsp;global economy&nbsp;and the opportunity to&nbsp;digitize all the data&nbsp;that industrial machinery generates, to offer better customer service and new products.<blockquote>对于工业股投资者来说，回流是推动业绩改善的另一个小积极因素。名单上还包括全球经济的改善以及将工业机械产生的所有数据数字化的机会，以提供更好的客户服务和新产品。</blockquote> Obin sees the reshoring trend helping some stocks he rates at Buy, including&nbsp;Parker-Hannifin&nbsp;(PH),Rockwell Automation&nbsp;(ROK), Eaton (ETN), Fortive (FTV),Emerson Electric&nbsp;(EMR), and PTC (PTC).<blockquote>奥宾认为回流趋势有助于他给予买入评级的一些股票，包括派克汉尼汾(PH)、罗克韦尔自动化(ROK)、伊顿(ETN)、Fortive(FTV)、艾默生电气(EMR)和PTC(PTC)。</blockquote> Those six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&amp;P 500 are up about 25% over the same span.<blockquote>过去六个月，这六只股票平均上涨了约35%，好于标准普尔500指数和道琼斯工业平均指数20%的可比涨幅。与回流相关的股票也超过了其他工业股票。标普500的工业成分同期上涨了约25%。</blockquote> Obin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.<blockquote>奥宾认为回流主题是有意义的。尽管Zoom等技术有效地缩小了地球，使人们可以随时随地与任何人交谈，但商品仍然需要在物理位置生产和消费。</blockquote> The problem with the Suez Canal highlights how it can be better to do that closer to home.<blockquote>苏伊士运河的问题凸显了在离家更近的地方这样做会更好。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","PH":"汉尼汾","ETH":"低成本以太坊ETF-Grayscale","HON":"霍尼韦尔","TSM":"台积电","ROK":"罗克韦尔自动化","EMR":"艾默生电气","PTC":"PTC Inc.","INTC":"英特尔","SSNLF":"三星电子","FTV":"Fortive Corporation"},"source_url":"https://www.barrons.com/articles/suez-canal-blockage-highlights-supply-chains-weakness-some-stocks-can-benefit-51616694078?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123246935","content_text":"A Wednesday photo of the ship blocking the Suez Canal. Suez Canal Authority via AFP/Getty Images\nGlobal supply chains are again in focus, for an odd reason. A ship is stuck in the Suez Canal.\nThe situation won’t likely have a lasting impact, but it demonstrates the vulnerability of companies’ global supply chains, an issue they have been grappling with since the onset of the pandemic. Supply-chain management is getting harder, creating new risks, and even greater opportunities, for industrial stocks.\nSuez, a shortcut through Egypt from the Red Sea to the Mediterranean, is one of the most important canals on the globe. It makes it possible to travel by sea from the Middle East and Asia to Europe without sailing around Africa, slashing shipping times and costs.Thousands of ships and more than a billion tons of cargo pass through the canal each year.\nThe Suez situation will likely be resolved without too much delay, although engineers appear to still be figuring out how. Yet the episode still illustrates how difficult it is becoming to manage far-flung global supply chains.\nSupply chains have been a big topic of discussion for investors and management teams during the pandemic. Factories around the world have had to shut down, or seek expensive air delivery of parts, as waves of lockdowns elsewhere have interrupted deliveries. At the same time, demand for health-related goods took off, while sales of other products made by some of the same companies sagged, forcing purchasing managers to reallocate resources on the fly.\nHoneywell International (ticker: HON), for example, opened 10 manufacturing sites to make masks and sensors for ventilators. “We had to contract in aerospace,” said Torsten Pilz, the company’s supply-chain chief. “We got experience in doing things fast.”\nThe industrial conglomerate has a prominent aerospace business, among other operations.\n“2020 was exceptionally challenging from a supply chain perspective,”General Electric(ticker: GE) CEO Larry Culp told Barron’s in a recent interview. “In our own facilities as well as the supply base.” Culp, is using lean management techniques—a statistical approach to problem solving—to improve all aspects of GE’s operations, including supply-chain management.\n“Organizationally, we were OK,” said Honeywell’sPilz, reflecting on the difficulties of 2020. “We had reduced the number of factories and distribution centers. On top of that, we set up a supply chain that was more or less regional.”\n“More or less regional” is turning into a theme within industry. The concept also comes up in talk of reshoring, or a “make where you sell” paradigm.\nIn the early part of the decade, many industrial businesses chased the lowest labor costs and simply shipped products around the world. But even before the pandemic, the model was breaking down a little as wages rose in places such as China, and as trade barriers started to pop up. Covid-19 accelerated that trend.\nBank of America industrial analyst Andrew Obin, who has been tracking reshoring data points for months, wrote about another example on Thursday. “Intel announced $20 [billion] investment to build two U.S. semiconductor fab plants,” wrote Obin in a research report, adding that the Intel (INTC) news follows announcements by Taiwan Semiconductor Manufacturing (TSM) and Samsung (005930. Korea).\nThe amount of money coming back into the U.S. as a result of the shift is enough to move the needle for U.S. makers of industrial equipment, he said. “The offshoring of U.S. tech was the biggest driver of flattish real U.S. manufacturing output since 2000,” Obin said. Intel’s announcement represents a step toward reversing that.\nFor investors in industrial stocks, reshoring is another small positive factor driving improving results. Also on the list are the improving global economy and the opportunity to digitize all the data that industrial machinery generates, to offer better customer service and new products.\nObin sees the reshoring trend helping some stocks he rates at Buy, including Parker-Hannifin (PH),Rockwell Automation (ROK), Eaton (ETN), Fortive (FTV),Emerson Electric (EMR), and PTC (PTC).\nThose six stocks are up about 35%, on average, over the past six months, better then the 20% comparable gains of both the S&P 500 and Dow Jones Industrial Average.The reshoring-related stocks are also outpacing other industrial stocks. Industrial components of the S&P 500 are up about 25% over the same span.\nObin believes the reshoring theme has legs. Even though technologies such as Zoom have effectively shrunk the globe, making it possible to talk to anyone, anywhere, any time, goods still need to be produced and consumed in a physical locations.\nThe problem with the Suez Canal highlights how it can be better to do that closer to home.","news_type":1,"symbols_score_info":{"EMR":0.9,"FTV":0.9,"INTC":0.9,"GE":0.9,"ROK":0.9,"PTC":0.9,"ETH":0.9,"HON":0.9,"TSM":0.9,"SSNLF":0.9,"PH":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3889535,"gmtCreate":1616747579742,"gmtModify":1635748860164,"authorId":3573474804628073,"author":{"id":3573474804628073,"idStr":"3573474804628073","authorId":3573474804628073,"name":"股神徒孙","avatar":"https://static.tigerbbs.com/ac59f7fc64d3e018af70687bdddf30c2","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":356050840,"type":1,"supId":0,"prevId":0,"content":"Lol","text":"Lol","html":"Lol"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":27,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1123246935","isCrawlerRequest":true}