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LanXana
2021-04-03
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LanXana
2021-03-14
$Coupang, Inc.(CPNG)$
Give it time, sure it will rise! 🚀🚀🚀
LanXana
2021-04-03
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LanXana
2021-03-29
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LanXana
2021-05-02
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LanXana
2021-04-10
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LanXana
2021-03-23
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Microsoft in talks to acquire Discord for more than $10 billion: Bloomberg News<blockquote>微软正在洽谈以超过 100 亿美元收购 Discord:彭博新闻社</blockquote>
LanXana
2021-03-14
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US Daylight Saving Time<blockquote>美国夏令时</blockquote>
LanXana
2021-04-23
$GameStop(GME)$
Gme $200 today! 🚀🚀🚀
LanXana
2021-12-05
$Histogenics(OCGN)$
keep holding!!! It will rise! 📈📈📈
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It will rise! 📈📈📈","images":[{"img":"https://static.tigerbbs.com/d33ccc2f12041eabe9e7333943b28f6f","width":"4030","height":"1218"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608347207","isVote":1,"tweetType":1,"viewCount":3880,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":843447204,"gmtCreate":1635854540930,"gmtModify":1635854541117,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>Hold onnnnn!!!","listText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>Hold onnnnn!!!","text":"$Histogenics(OCGN)$Hold onnnnn!!!","images":[{"img":"https://static.tigerbbs.com/4c2c2936ed7daaa7a9ec036871e9c61e","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/843447204","isVote":1,"tweetType":1,"viewCount":2637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":123268604,"gmtCreate":1624425236908,"gmtModify":1634006281231,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[{"img":"https://static.tigerbbs.com/d2798706110f355bdc8839d997aa5e9f","width":"1125","height":"2590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123268604","isVote":1,"tweetType":1,"viewCount":2279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123263448,"gmtCreate":1624425150284,"gmtModify":1634006282362,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123263448","repostId":"2145406595","repostType":4,"isVote":1,"tweetType":1,"viewCount":2923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123269326,"gmtCreate":1624425041565,"gmtModify":1631889624296,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SEAC\">$SeaChange(SEAC)$</a>Finally seeing positive!","listText":"<a href=\"https://laohu8.com/S/SEAC\">$SeaChange(SEAC)$</a>Finally seeing positive!","text":"$SeaChange(SEAC)$Finally seeing positive!","images":[{"img":"https://static.tigerbbs.com/19b264722b6e4a56837b451040adb121","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123269326","isVote":1,"tweetType":1,"viewCount":2908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":112073163,"gmtCreate":1622831914952,"gmtModify":1634097570954,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"$5 🚀🚀🚀","listText":"$5 🚀🚀🚀","text":"$5 🚀🚀🚀","images":[{"img":"https://static.tigerbbs.com/00a538597b9bb135e108c06fcfc6c3f0","width":"1125","height":"2262"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112073163","isVote":1,"tweetType":1,"viewCount":2618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":112079073,"gmtCreate":1622831794492,"gmtModify":1634097571642,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"Nah","listText":"Nah","text":"Nah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112079073","repostId":"1154529120","repostType":4,"repost":{"id":"1154529120","kind":"news","pubTimestamp":1622810459,"share":"https://www.laohunote.com/m/news/1154529120?lang=zh_CN&edition=full","pubTime":"2021-06-04 20:40","market":"us","language":"en","title":"Can Alibaba Stock Hit $500? If You Got Time, Yes<blockquote>阿里巴巴-SW股票能突破500美元吗?如果你有时间,是的</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154529120","media":"seekingalpha","summary":"Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.I believe that there are both opportunities and risks, but would see the prior outweighing the latter.In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:. Alibaba Group'","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.</li> <li>I believe that there are both opportunities and risks, but would see the prior outweighing the latter.</li> <li>In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/567d19950e6c8789ce2192b4503f0fa5\" tg-width=\"1536\" tg-height=\"653\" referrerpolicy=\"no-referrer\"><span>Photo by efetova/iStock via Getty Images</span></p><p><blockquote><ul><li>阿里巴巴-SW是一只战场股票,有些人看到了很多机会,而另一些人则看到了很多风险。</li><li>我相信机遇和风险并存,但我认为前者大于后者。</li><li>从长远来看,阿里巴巴有机会为那些以当前相当低的估值购买的人带来强劲收益。</li></ul><p class=\"t-img-caption\"><span>照片由 efetova/iStock 提供,来自 Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Alibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.</p><p><blockquote>阿里巴巴-SW集团(BABA)是全球领先的高科技公司,持续产生有吸引力的增长,并为投资者提供了高增长的中国消费市场的机会。同时,通过一系列的创业,阿里巴巴-SW还活跃在额外的行业,比如云计算。过去几个月股价大幅下跌,但我相信长期潜力巨大。看到股价上涨至 500 美元,我不会感到惊讶,尽管这在短期内不会发生。</blockquote></p><p> <b>BABA Stock Price</b></p><p><blockquote><b>阿里巴巴股价</b></blockquote></p><p> Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:</p><p><blockquote>自首次公开募股以来,阿里巴巴-SW股价强劲上涨,但还应该提到的是,2020 年下半年股价确实下跌,此后大幅下跌:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8079eeb5384ea003fb3725d3cd1e877f\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> Shares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.</p><p><blockquote>由于蚂蚁金服的 IPO 计划被叫停,2020 年夏季的涨幅已被抹去,股价现在基本与一年前持平。不过,去年持平的股价表现有些令人惊讶,因为阿里巴巴-SW在那段时间内继续取得强劲的业绩。例如,上一季度阿里巴巴-SW的收入增长率为64%,而上一季度的收入增长也非常强劲,约为50%。然而,这并不是阿里巴巴财报发布中唯一的积极因素。仅在最近一个季度,该公司的用户数量就增加了3200万,相当于年化用户增长率约为20%。这对未来几个季度来说是个好兆头,因为阿里巴巴平台上的更多用户应该会转化为更高的收入。最重要的是,强劲的用户增长表明,对阿里巴巴平台提供的购物服务的需求仍在增长——市场根本没有饱和。阿里巴巴-SW还设法将其 EBITDA 同比增长 25%,这也是一个有吸引力的增长速度,尽管对评级管理关键增长领域的投资不断增加,但仍实现了这一目标。与此同时,由于一些运营杠杆,营业收入增长速度更快,经阿里巴巴-SW第一季度必须支付的罚款调整后,营业收入同比增长 48%。我认为,放弃这一一次性项目是有意义的,以便更清楚地了解阿里巴巴平均一个季度的潜在“核心”盈利能力。</blockquote></p><p> Alibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and fears about regulation.</p><p><blockquote>因此,相对于大盘和其他科技公司而言,阿里巴巴-SW集团的股价表现疲软并不是经营业绩疲软的结果,而是由于投资者情绪疲软导致中国风险敞口和对监管的担忧导致的多重压缩的结果。</blockquote></p><p> At its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.</p><p><blockquote>以目前 220 美元的价格计算,与目前分析师一致的目标价 298 美元相比,阿里巴巴的股价有相当大的折扣。如果阿里巴巴-SW达到这一目标,股价将上涨 35%。分析师目标价通常以 1 年为期限发布,因此,如果分析师社区是正确的,阿里巴巴-SW可能是一项很好的投资。从估值的角度来看,这个价格目标似乎一点也不离谱,因为 298 美元相当于今年预期净利润的约 29 倍,或明年净利润的 23 倍。当我们谈论 2022 年夏季(即一年后)的价格目标时,后者可能更能说明问题。</blockquote></p><p> <b>Can Alibaba Stock Hit $500?</b></p><p><blockquote><b>阿里巴巴-SW股票能突破500美元吗?</b></blockquote></p><p> The answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.</p><p><blockquote>我认为,这个问题的答案取决于你的时间框架。如果你看的是12个月的窗口,那么阿里巴巴-SW很可能无法达到500美元。300美元左右的价格目标似乎是可以实现的,尽管这当然也不能保证。然而,如果我们从长远来看,那么 500 美元似乎是阿里巴巴最终可能达到的股价。让我们看几个例子。</blockquote></p><p> <i>- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.</i></p><p><blockquote><i>- 如果阿里巴巴-SW在某个时候每股收益为 20 美元,并且市盈率为 25,那么股票的交易价格将为 500 美元。</i></blockquote></p><p> <i>- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.</i></p><p><blockquote><i>- 如果阿里巴巴-SW每股收益为 25 美元,市盈率为 20 倍,那么股票交易价格将为 500 美元。</i></blockquote></p><p> <i>- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.</i></p><p><blockquote><i>- 如果阿里巴巴-SW每股收益为 17 美元,交易价格为净利润的 29 倍,那么股价将(略低于)500 美元。</i></blockquote></p><p></p><p> We see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:</p><p><blockquote>我们看到,有许多情况可能会让阿里巴巴的股价达到 500 美元,其中一些情况比其他情况更有可能。当然,你的目标倍数越高,所需的收入就越低。这反过来意味着价格目标可以更快实现,因为所需的累计盈利增长较少。当我们查看阿里巴巴-SW过去的估值时,我们会发现阿里巴巴的长期市盈率中位数如下:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd2d42b7094deb394266d6410287c2e4\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> At 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.</p><p><blockquote>阿里巴巴-SW的净利润为 30-40 倍,相对于目前的股票估值(约为今年收益的 20 倍),其交易价格显然大幅溢价。我认为目前的估值太低了,但另一方面,我预计阿里巴巴-SW未来几年的净利润不会达到 30 倍、35 倍甚至 40 倍。由于阿里巴巴-SW的规模不断扩大,这使得其在未来几年保持出色的增长变得更加困难,与过去的估值相比,未来几年的股票估值可能会更低。</blockquote></p><p> I still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.</p><p><blockquote>我仍然认为,从目前21倍左右的市盈率来看,股票确实有一些估值扩张潜力,因此让我们假设股票未来的交易价格是净利润的23倍。与历史估值相比,这仍然是一个巨大的折扣,与美国高科技大盘股的估值相比,也是一个巨大的折扣——例如,亚马逊 (AMZN) 的交易价格是今年市盈率的 59 倍。</blockquote></p><p> If we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:</p><p><blockquote>如果我们想使用 23 倍市盈率使阿里巴巴的股价达到 500 美元,那么阿里巴巴-SW必须产生的每股收益为 21.70 美元。什么时候会是这样?在下图中,我们看到了今年、明年(2022 财年)和 2023 财年的每股收益预测:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcf78e0b071eff9753afbdcd96f751c\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> If analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.</p><p><blockquote>如果分析师是正确的,阿里巴巴-SW到 2023 年将无法实现每股 22 美元的盈利,我认为这是现实的。我也不认为今年到 2023 年每股收益会增长 100% 以上。从2023年开始,阿里巴巴的每股收益需要再增长43%才能达到21.70美元,这是我们500美元股价的“目标每股收益”。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b4c351b4b5eb3328191ccaa9a3b776c\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> Analysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.</p><p><blockquote>分析师目前预测长期每股收益增长约 27%,这意味着阿里巴巴-SW需要大约 1.5 年的时间才能将每股收益从 15.20 美元(2023 年估计)增长到我们的目标 21.70 美元。即使我们假设这过于乐观,2024 年和 2025 年的增长率仅为 20%,到 2025 年底,每股收益也可能达到 21.70 美元。因此,换句话说,如果阿里巴巴-SW的增长略低于分析师目前的预测,那么到 2025 年底(即 4.5 年后),阿里巴巴-SW的交易价格可能达到 500 美元。请注意,这种情况根本不需要高市盈率——我相信,在净利润的 23 倍下,阿里巴巴-SW不会很贵。</blockquote></p><p> We can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.</p><p><blockquote>我们可以更加保守,假设 2023 年每股收益预测过高 10%,并且 2023 年之后的几年每股收益每年仅增长 17%(而分析师社区的长期预测为每年 27%)。在这种情况下,阿里巴巴-SW 2026 年的每股收益将达到 21.70 美元,未来 5.5 年内股价将升至 500 美元。即使在这种情况下,阿里巴巴也根本不是一项糟糕的投资——未来 5.5 年内股价从当前水平上涨 130%,年化回报率为 16%。</blockquote></p><p> So, to sum this section up, I'd say<i>yes, BABA can hit $500</i>-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.</p><p><blockquote>所以,总结这一部分,我会说<i>是的,爸爸可以达到 500 美元</i>——但实际上这需要几年时间。到 2020 年代中期,这对我来说似乎是一个非常容易实现的目标,尽管当然,没有任何保证。</blockquote></p><p> <b>Is Alibaba Stock A Buy Or Sell Now?</b></p><p><blockquote><b>阿里巴巴-SW股票现在是买入还是卖出?</b></blockquote></p><p> Alibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.</p><p><blockquote>我认为,阿里巴巴-SW集团是一项强有力的投资。该公司从多个长期宏观趋势中实现了强劲的增长和利润,例如中国不断增长的消费者支出、不断增长的电子商务市场份额和云计算。然而,也有一些风险需要考虑:阿里巴巴-SW高度依赖中国,如果中国的经济增长故事结束,阿里巴巴-SW将受到很大伤害。最重要的是,阿里巴巴-SW可能会再次成为监管机构的目标,尽管我个人认为伤害中国增长最快的科技公司之一不符合中国的最佳利益。</blockquote></p><p></p><p> For those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.</p><p><blockquote>对于那些担心这些风险的人来说,阿里巴巴-SW可能不是正确的选择,但对于那些认为阿里巴巴-SW对中国消费者来说可能是一个非常有益的游戏的人来说,阿里巴巴可能是多元化投资组合中的一个有力选择。我属于后一类,因此以当前估值将该股评级为买入,预计未来几年将有显着上涨空间。然而,根据你的风险承受能力以及你如何权衡投资中国公司的机会和威胁,你可能会做出不同的决定。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Alibaba Stock Hit $500? If You Got Time, Yes<blockquote>阿里巴巴-SW股票能突破500美元吗?如果你有时间,是的</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\">\nCan Alibaba Stock Hit $500? If You Got Time, Yes<blockquote>阿里巴巴-SW股票能突破500美元吗?如果你有时间,是的</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-04 20:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.</li> <li>I believe that there are both opportunities and risks, but would see the prior outweighing the latter.</li> <li>In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/567d19950e6c8789ce2192b4503f0fa5\" tg-width=\"1536\" tg-height=\"653\" referrerpolicy=\"no-referrer\"><span>Photo by efetova/iStock via Getty Images</span></p><p><blockquote><ul><li>阿里巴巴-SW是一只战场股票,有些人看到了很多机会,而另一些人则看到了很多风险。</li><li>我相信机遇和风险并存,但我认为前者大于后者。</li><li>从长远来看,阿里巴巴有机会为那些以当前相当低的估值购买的人带来强劲收益。</li></ul><p class=\"t-img-caption\"><span>照片由 efetova/iStock 提供,来自 Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Alibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.</p><p><blockquote>阿里巴巴-SW集团(BABA)是全球领先的高科技公司,持续产生有吸引力的增长,并为投资者提供了高增长的中国消费市场的机会。同时,通过一系列的创业,阿里巴巴-SW还活跃在额外的行业,比如云计算。过去几个月股价大幅下跌,但我相信长期潜力巨大。看到股价上涨至 500 美元,我不会感到惊讶,尽管这在短期内不会发生。</blockquote></p><p> <b>BABA Stock Price</b></p><p><blockquote><b>阿里巴巴股价</b></blockquote></p><p> Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:</p><p><blockquote>自首次公开募股以来,阿里巴巴-SW股价强劲上涨,但还应该提到的是,2020 年下半年股价确实下跌,此后大幅下跌:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8079eeb5384ea003fb3725d3cd1e877f\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> Shares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.</p><p><blockquote>由于蚂蚁金服的 IPO 计划被叫停,2020 年夏季的涨幅已被抹去,股价现在基本与一年前持平。不过,去年持平的股价表现有些令人惊讶,因为阿里巴巴-SW在那段时间内继续取得强劲的业绩。例如,上一季度阿里巴巴-SW的收入增长率为64%,而上一季度的收入增长也非常强劲,约为50%。然而,这并不是阿里巴巴财报发布中唯一的积极因素。仅在最近一个季度,该公司的用户数量就增加了3200万,相当于年化用户增长率约为20%。这对未来几个季度来说是个好兆头,因为阿里巴巴平台上的更多用户应该会转化为更高的收入。最重要的是,强劲的用户增长表明,对阿里巴巴平台提供的购物服务的需求仍在增长——市场根本没有饱和。阿里巴巴-SW还设法将其 EBITDA 同比增长 25%,这也是一个有吸引力的增长速度,尽管对评级管理关键增长领域的投资不断增加,但仍实现了这一目标。与此同时,由于一些运营杠杆,营业收入增长速度更快,经阿里巴巴-SW第一季度必须支付的罚款调整后,营业收入同比增长 48%。我认为,放弃这一一次性项目是有意义的,以便更清楚地了解阿里巴巴平均一个季度的潜在“核心”盈利能力。</blockquote></p><p> Alibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and fears about regulation.</p><p><blockquote>因此,相对于大盘和其他科技公司而言,阿里巴巴-SW集团的股价表现疲软并不是经营业绩疲软的结果,而是由于投资者情绪疲软导致中国风险敞口和对监管的担忧导致的多重压缩的结果。</blockquote></p><p> At its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.</p><p><blockquote>以目前 220 美元的价格计算,与目前分析师一致的目标价 298 美元相比,阿里巴巴的股价有相当大的折扣。如果阿里巴巴-SW达到这一目标,股价将上涨 35%。分析师目标价通常以 1 年为期限发布,因此,如果分析师社区是正确的,阿里巴巴-SW可能是一项很好的投资。从估值的角度来看,这个价格目标似乎一点也不离谱,因为 298 美元相当于今年预期净利润的约 29 倍,或明年净利润的 23 倍。当我们谈论 2022 年夏季(即一年后)的价格目标时,后者可能更能说明问题。</blockquote></p><p> <b>Can Alibaba Stock Hit $500?</b></p><p><blockquote><b>阿里巴巴-SW股票能突破500美元吗?</b></blockquote></p><p> The answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.</p><p><blockquote>我认为,这个问题的答案取决于你的时间框架。如果你看的是12个月的窗口,那么阿里巴巴-SW很可能无法达到500美元。300美元左右的价格目标似乎是可以实现的,尽管这当然也不能保证。然而,如果我们从长远来看,那么 500 美元似乎是阿里巴巴最终可能达到的股价。让我们看几个例子。</blockquote></p><p> <i>- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.</i></p><p><blockquote><i>- 如果阿里巴巴-SW在某个时候每股收益为 20 美元,并且市盈率为 25,那么股票的交易价格将为 500 美元。</i></blockquote></p><p> <i>- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.</i></p><p><blockquote><i>- 如果阿里巴巴-SW每股收益为 25 美元,市盈率为 20 倍,那么股票交易价格将为 500 美元。</i></blockquote></p><p> <i>- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.</i></p><p><blockquote><i>- 如果阿里巴巴-SW每股收益为 17 美元,交易价格为净利润的 29 倍,那么股价将(略低于)500 美元。</i></blockquote></p><p></p><p> We see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:</p><p><blockquote>我们看到,有许多情况可能会让阿里巴巴的股价达到 500 美元,其中一些情况比其他情况更有可能。当然,你的目标倍数越高,所需的收入就越低。这反过来意味着价格目标可以更快实现,因为所需的累计盈利增长较少。当我们查看阿里巴巴-SW过去的估值时,我们会发现阿里巴巴的长期市盈率中位数如下:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd2d42b7094deb394266d6410287c2e4\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> At 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.</p><p><blockquote>阿里巴巴-SW的净利润为 30-40 倍,相对于目前的股票估值(约为今年收益的 20 倍),其交易价格显然大幅溢价。我认为目前的估值太低了,但另一方面,我预计阿里巴巴-SW未来几年的净利润不会达到 30 倍、35 倍甚至 40 倍。由于阿里巴巴-SW的规模不断扩大,这使得其在未来几年保持出色的增长变得更加困难,与过去的估值相比,未来几年的股票估值可能会更低。</blockquote></p><p> I still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.</p><p><blockquote>我仍然认为,从目前21倍左右的市盈率来看,股票确实有一些估值扩张潜力,因此让我们假设股票未来的交易价格是净利润的23倍。与历史估值相比,这仍然是一个巨大的折扣,与美国高科技大盘股的估值相比,也是一个巨大的折扣——例如,亚马逊 (AMZN) 的交易价格是今年市盈率的 59 倍。</blockquote></p><p> If we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:</p><p><blockquote>如果我们想使用 23 倍市盈率使阿里巴巴的股价达到 500 美元,那么阿里巴巴-SW必须产生的每股收益为 21.70 美元。什么时候会是这样?在下图中,我们看到了今年、明年(2022 财年)和 2023 财年的每股收益预测:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcf78e0b071eff9753afbdcd96f751c\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> If analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.</p><p><blockquote>如果分析师是正确的,阿里巴巴-SW到 2023 年将无法实现每股 22 美元的盈利,我认为这是现实的。我也不认为今年到 2023 年每股收益会增长 100% 以上。从2023年开始,阿里巴巴的每股收益需要再增长43%才能达到21.70美元,这是我们500美元股价的“目标每股收益”。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b4c351b4b5eb3328191ccaa9a3b776c\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCharts</span></p></blockquote></p><p> Analysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.</p><p><blockquote>分析师目前预测长期每股收益增长约 27%,这意味着阿里巴巴-SW需要大约 1.5 年的时间才能将每股收益从 15.20 美元(2023 年估计)增长到我们的目标 21.70 美元。即使我们假设这过于乐观,2024 年和 2025 年的增长率仅为 20%,到 2025 年底,每股收益也可能达到 21.70 美元。因此,换句话说,如果阿里巴巴-SW的增长略低于分析师目前的预测,那么到 2025 年底(即 4.5 年后),阿里巴巴-SW的交易价格可能达到 500 美元。请注意,这种情况根本不需要高市盈率——我相信,在净利润的 23 倍下,阿里巴巴-SW不会很贵。</blockquote></p><p> We can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.</p><p><blockquote>我们可以更加保守,假设 2023 年每股收益预测过高 10%,并且 2023 年之后的几年每股收益每年仅增长 17%(而分析师社区的长期预测为每年 27%)。在这种情况下,阿里巴巴-SW 2026 年的每股收益将达到 21.70 美元,未来 5.5 年内股价将升至 500 美元。即使在这种情况下,阿里巴巴也根本不是一项糟糕的投资——未来 5.5 年内股价从当前水平上涨 130%,年化回报率为 16%。</blockquote></p><p> So, to sum this section up, I'd say<i>yes, BABA can hit $500</i>-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.</p><p><blockquote>所以,总结这一部分,我会说<i>是的,爸爸可以达到 500 美元</i>——但实际上这需要几年时间。到 2020 年代中期,这对我来说似乎是一个非常容易实现的目标,尽管当然,没有任何保证。</blockquote></p><p> <b>Is Alibaba Stock A Buy Or Sell Now?</b></p><p><blockquote><b>阿里巴巴-SW股票现在是买入还是卖出?</b></blockquote></p><p> Alibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.</p><p><blockquote>我认为,阿里巴巴-SW集团是一项强有力的投资。该公司从多个长期宏观趋势中实现了强劲的增长和利润,例如中国不断增长的消费者支出、不断增长的电子商务市场份额和云计算。然而,也有一些风险需要考虑:阿里巴巴-SW高度依赖中国,如果中国的经济增长故事结束,阿里巴巴-SW将受到很大伤害。最重要的是,阿里巴巴-SW可能会再次成为监管机构的目标,尽管我个人认为伤害中国增长最快的科技公司之一不符合中国的最佳利益。</blockquote></p><p></p><p> For those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.</p><p><blockquote>对于那些担心这些风险的人来说,阿里巴巴-SW可能不是正确的选择,但对于那些认为阿里巴巴-SW对中国消费者来说可能是一个非常有益的游戏的人来说,阿里巴巴可能是多元化投资组合中的一个有力选择。我属于后一类,因此以当前估值将该股评级为买入,预计未来几年将有显着上涨空间。然而,根据你的风险承受能力以及你如何权衡投资中国公司的机会和威胁,你可能会做出不同的决定。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500\">seekingalpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154529120","content_text":"Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing the latter.\nIn the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.\n\nPhoto by efetova/iStock via Getty Images\nArticle Thesis\nAlibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.\nBABA Stock Price\nSince its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:\nData byYCharts\nShares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.\nAlibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and fears about regulation.\nAt its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.\nCan Alibaba Stock Hit $500?\nThe answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.\n- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.\nWe see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:\nData byYCharts\nAt 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.\nI still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.\nIf we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:\nData byYCharts\nIf analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.\nData byYCharts\nAnalysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.\nWe can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.\nSo, to sum this section up, I'd sayyes, BABA can hit $500-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.\nIs Alibaba Stock A Buy Or Sell Now?\nAlibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.\nFor those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":2364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118943296,"gmtCreate":1622715645215,"gmtModify":1634098856843,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Yeboiiii","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Yeboiiii","text":"$BlackBerry(BB)$Yeboiiii","images":[{"img":"https://static.tigerbbs.com/23ab435093b731b267f6c4928e0a8f4e","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118943296","isVote":1,"tweetType":1,"viewCount":3247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":118949530,"gmtCreate":1622715607020,"gmtModify":1634098857434,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"Show me some love","listText":"Show me some love","text":"Show me some love","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118949530","repostId":"1128542350","repostType":4,"repost":{"id":"1128542350","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622710475,"share":"https://www.laohunote.com/m/news/1128542350?lang=zh_CN&edition=full","pubTime":"2021-06-03 16:54","market":"us","language":"en","title":"Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是 Sundial Growers、Tilray 和其他大麻股票今天飙升的原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128542350","media":"Tiger Newspress","summary":"Major employers are signaling their growing support of marijuana reform.","content":"<p>Major employers are signaling their growing support of marijuana reform.</p><p><blockquote>主要雇主表示他们越来越支持大麻改革。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么事</b></blockquote></p><p>Cannabis companies received a boost after <b>Amazon</b> said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b> and <b>Cronos </b>rose between 2% and 25% in premarket trading., respectively, on the news.</p><p><blockquote>大麻公司受到提振<b>亚马逊</b>表示将支持联邦大麻合法化的努力。<b>日晷种植者、蒂尔雷、树冠生长、极光大麻</b>和<b>克罗诺斯</b>在盘前交易中分别上涨了2%至25%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p><blockquote>亚马逊高管戴夫·克拉克(Dave Clark)在一篇博客文章中表示,这家电子商务巨头将支持2021年大麻机会再投资和驱逐法案(Marijuana Opportunity Reinvestment and Expungement Act),即MORE法案。这项立法旨在联邦层面大麻合法化,并删除与大麻相关的犯罪记录。亚马逊还呼吁其他企业支持该法案。</blockquote></p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p><blockquote>克拉克说:“我们希望其他雇主能够加入我们的行列,并希望政策制定者能够迅速采取行动通过这项法律。”</blockquote></p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p><blockquote>此外,亚马逊将不再筛查其员工是否使用大麻,除非交通部要求这样做。</blockquote></p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><blockquote>克拉克说:“过去,和许多雇主一样,如果人们大麻使用检测呈阳性,我们会取消他们在亚马逊工作的资格。”“然而,考虑到美国各州法律的发展方向,我们已经改变了路线。”</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p><blockquote>这一消息帮助推高了周三许多大麻股票的价格。投资者押注大麻改革可能会让大麻生产商更容易开展业务,并提振休闲消费者的需求。</blockquote></p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p><p><blockquote>Tilray和Sundial种植者将受益。Tilray 最近完成了与 Aphria 的合并,这使其成为业内收入最大的公司之一。与此同时,Sundial 已通过股票发行筹集了数亿美元,并已开始将其部署在一系列以大麻为重点的投资中。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是 Sundial Growers、Tilray 和其他大麻股票今天飙升的原因</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today<blockquote>这就是 Sundial Growers、Tilray 和其他大麻股票今天飙升的原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-06-03 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Major employers are signaling their growing support of marijuana reform.</p><p><blockquote>主要雇主表示他们越来越支持大麻改革。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么事</b></blockquote></p><p>Cannabis companies received a boost after <b>Amazon</b> said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b> and <b>Cronos </b>rose between 2% and 25% in premarket trading., respectively, on the news.</p><p><blockquote>大麻公司受到提振<b>亚马逊</b>表示将支持联邦大麻合法化的努力。<b>日晷种植者、蒂尔雷、树冠生长、极光大麻</b>和<b>克罗诺斯</b>在盘前交易中分别上涨了2%至25%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p><blockquote>亚马逊高管戴夫·克拉克(Dave Clark)在一篇博客文章中表示,这家电子商务巨头将支持2021年大麻机会再投资和驱逐法案(Marijuana Opportunity Reinvestment and Expungement Act),即MORE法案。这项立法旨在联邦层面大麻合法化,并删除与大麻相关的犯罪记录。亚马逊还呼吁其他企业支持该法案。</blockquote></p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p><blockquote>克拉克说:“我们希望其他雇主能够加入我们的行列,并希望政策制定者能够迅速采取行动通过这项法律。”</blockquote></p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p><blockquote>此外,亚马逊将不再筛查其员工是否使用大麻,除非交通部要求这样做。</blockquote></p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><blockquote>克拉克说:“过去,和许多雇主一样,如果人们大麻使用检测呈阳性,我们会取消他们在亚马逊工作的资格。”“然而,考虑到美国各州法律的发展方向,我们已经改变了路线。”</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p><blockquote>这一消息帮助推高了周三许多大麻股票的价格。投资者押注大麻改革可能会让大麻生产商更容易开展业务,并提振休闲消费者的需求。</blockquote></p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p><p><blockquote>Tilray和Sundial种植者将受益。Tilray 最近完成了与 Aphria 的合并,这使其成为业内收入最大的公司之一。与此同时,Sundial 已通过股票发行筹集了数亿美元,并已开始将其部署在一系列以大麻为重点的投资中。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc.","CRON":"Cronos Group Inc.","CGC":"Canopy Growth Corporation","ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","MJ":"Amplify Alternative Harvest ETF","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128542350","content_text":"Major employers are signaling their growing support of marijuana reform.What happenedCannabis companies received a boost after Amazon said it would support federal marijuana legalization efforts.Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis and Cronos rose between 2% and 25% in premarket trading., respectively, on the news.So whatAmazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"Now whatThe news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.","news_type":1,"symbols_score_info":{"TLRY":0.9,"CRON":0.9,"MJ":0.9,"SNDL":0.9,"CGC":0.9,"ACB":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113537768,"gmtCreate":1622625398454,"gmtModify":1634099823027,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go go go boy!!! 20 🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go go go boy!!! 20 🚀🚀🚀","text":"$BlackBerry(BB)$Go go go boy!!! 20 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pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/353129199","repostId":"2121833106","repostType":4,"repost":{"id":"2121833106","kind":"news","pubTimestamp":1616469915,"share":"https://www.laohunote.com/m/news/2121833106?lang=zh_CN&edition=full","pubTime":"2021-03-23 11:25","market":"us","language":"en","title":"Microsoft in talks to acquire Discord for more than $10 billion: Bloomberg News<blockquote>微软正在洽谈以超过 100 亿美元收购 Discord:彭博新闻社</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2121833106","media":"reuters","summary":"(Reuters) - Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billi","content":"<p>(Reuters) - Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter.</p><p><blockquote>(路透社)-据彭博新闻社援引知情人士的话报道,微软公司正在就以超过100亿美元收购消息平台Discord Inc.进行谈判。</blockquote></p><p>Discord has reached out to potential buyers and Microsoft is one of them, the report said, citing people familiar with the matter, while one of them said it was more likely to go public than sell itself.</p><p><blockquote>报道援引知情人士的话称,Discord 已经接触了潜在买家,微软就是其中之一,其中一位人士表示,Discord 更有可能上市而不是出售自己。</blockquote></p><p>Earlier in the day, VentureBeat reported that Discord was exploring a sale and it was in final talks with a party.</p><p><blockquote>当天早些时候,VentureBeat报道称,Discord正在探索出售,并正在与一方进行最后谈判。</blockquote></p><p>Both Microsoft and Discord did not immediately respond to Reuters requests for comments.</p><p><blockquote>微软和Discord都没有立即回应路透社的置评请求。</blockquote></p><p>The COVID-19 pandemic has boosted the prospects of gaming companies as people stayed at home and turned to video games for entertainment during lockdowns.</p><p><blockquote>随着人们在封锁期间呆在家里并转向视频游戏进行娱乐,新冠肺炎疫情提振了游戏公司的前景。</blockquote></p><p>Earlier this month, U.S. gaming company Roblox made a strong market debut after going public through a direct listing rather than a traditional initial public offering.</p><p><blockquote>本月早些时候,美国游戏公司 Roblox 通过直接上市而不是传统的首次公开募股上市,取得了强劲的市场首秀。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft in talks to acquire Discord for more than $10 billion: Bloomberg News<blockquote>微软正在洽谈以超过 100 亿美元收购 Discord:彭博新闻社</blockquote></title>\n<style 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}\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\">\nMicrosoft in talks to acquire Discord for more than $10 billion: Bloomberg News<blockquote>微软正在洽谈以超过 100 亿美元收购 Discord:彭博新闻社</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">reuters</strong><span class=\"h-time small\">2021-03-23 11:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter.</p><p><blockquote>(路透社)-据彭博新闻社援引知情人士的话报道,微软公司正在就以超过100亿美元收购消息平台Discord Inc.进行谈判。</blockquote></p><p>Discord has reached out to potential buyers and Microsoft is one of them, the report said, citing people familiar with the matter, while one of them said it was more likely to go public than sell itself.</p><p><blockquote>报道援引知情人士的话称,Discord 已经接触了潜在买家,微软就是其中之一,其中一位人士表示,Discord 更有可能上市而不是出售自己。</blockquote></p><p>Earlier in the day, VentureBeat reported that Discord was exploring a sale and it was in final talks with a party.</p><p><blockquote>当天早些时候,VentureBeat报道称,Discord正在探索出售,并正在与一方进行最后谈判。</blockquote></p><p>Both Microsoft and Discord did not immediately respond to Reuters requests for comments.</p><p><blockquote>微软和Discord都没有立即回应路透社的置评请求。</blockquote></p><p>The COVID-19 pandemic has boosted the prospects of gaming companies as people stayed at home and turned to video games for entertainment during lockdowns.</p><p><blockquote>随着人们在封锁期间呆在家里并转向视频游戏进行娱乐,新冠肺炎疫情提振了游戏公司的前景。</blockquote></p><p>Earlier this month, U.S. gaming company Roblox made a strong market debut after going public through a direct listing rather than a traditional initial public offering.</p><p><blockquote>本月早些时候,美国游戏公司 Roblox 通过直接上市而不是传统的首次公开募股上市,取得了强劲的市场首秀。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.reuters.com/article/us-discord-m-a/microsoft-in-talks-to-acquire-discord-for-more-than-10-billion-bloomberg-news-idUSKBN2BE320?il=0\">reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AMZN":"亚马逊","PINS":"Pinterest, Inc."},"source_url":"https://www.reuters.com/article/us-discord-m-a/microsoft-in-talks-to-acquire-discord-for-more-than-10-billion-bloomberg-news-idUSKBN2BE320?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121833106","content_text":"(Reuters) - Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter.Discord has reached out to potential buyers and Microsoft is one of them, the report said, citing people familiar with the matter, while one of them said it was more likely to go public than sell itself.Earlier in the day, VentureBeat reported that Discord was exploring a sale and it was in final talks with a party.Both Microsoft and Discord did not immediately respond to Reuters requests for comments.The COVID-19 pandemic has boosted the prospects of gaming companies as people stayed at home and turned to video games for entertainment during lockdowns.Earlier this month, U.S. gaming company Roblox made a strong market debut after going public through a direct listing rather than a traditional initial public offering.","news_type":1,"symbols_score_info":{"PINS":0.9,"MSFT":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326711686,"gmtCreate":1615710833645,"gmtModify":1703492316270,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/326711686","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://www.laohunote.com/m/news/1199156489?lang=zh_CN&edition=full","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time<blockquote>美国夏令时</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p><blockquote>从美国东部时间3月14日(本周日)02:00开始, 北美地区进入夏令时, 直到美国东部时间2021年11月7日02:00结束。</blockquote></p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><blockquote>因此,从3月14日(星期一)开始,美国市场将在北美夏令时提前一小时开盘和收盘,即美国交易时间将改为北京时间21:30至凌晨04:00,交易前时间为16:00至21:30,交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时?</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法,这样白天就能持续到晚上。大多数北美和欧洲都遵循这一习俗,而其他大多数国家则不遵循这一习俗。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。维持现状是当务之急。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Daylight Saving Time<blockquote>美国夏令时</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Daylight Saving Time<blockquote>美国夏令时</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-03-11 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p><blockquote>从美国东部时间3月14日(本周日)02:00开始, 北美地区进入夏令时, 直到美国东部时间2021年11月7日02:00结束。</blockquote></p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><blockquote>因此,从3月14日(星期一)开始,美国市场将在北美夏令时提前一小时开盘和收盘,即美国交易时间将改为北京时间21:30至凌晨04:00,交易前时间为16:00至21:30,交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时?</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法,这样白天就能持续到晚上。大多数北美和欧洲都遵循这一习俗,而其他大多数国家则不遵循这一习俗。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。维持现状是当务之急。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376400347,"gmtCreate":1619139533089,"gmtModify":1634288272700,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Gme $200 today! 🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Gme $200 today! 🚀🚀🚀","text":"$GameStop(GME)$Gme $200 today! 🚀🚀🚀","images":[{"img":"https://static.tigerbbs.com/3107a0d077728a947983efd7227e5847","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/376400347","isVote":1,"tweetType":1,"viewCount":1014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":608347207,"gmtCreate":1638645057918,"gmtModify":1638645058061,"author":{"id":"3575362765255061","authorId":"3575362765255061","name":"LanXana","avatar":"https://static.tigerbbs.com/fcb3c0da8a41317a2e0b18356b9f70e1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575362765255061","idStr":"3575362765255061"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>keep holding!!! It will rise! 📈📈📈","listText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>keep holding!!! It will rise! 📈📈📈","text":"$Histogenics(OCGN)$keep holding!!! It will rise! 📈📈📈","images":[{"img":"https://static.tigerbbs.com/d33ccc2f12041eabe9e7333943b28f6f","width":"4030","height":"1218"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608347207","isVote":1,"tweetType":1,"viewCount":3880,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}