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木吉蒂

木吉蒂

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2021-05-06

$SINGAPORE PRESS HLDGS LTD(T39.SI)$https://links.sgx.com/1.0.0/corporate-announcements/AYO9VPTD5YJANBTE/2d18acb8678a6fc7fe3b60ffebbff571ce07ffd2a734b5736d39f100d31b3524

2021-04-04

Slowly but surely, back to normalcy [强]

U.S. added 916,000 jobs in March, above expectations<blockquote>美国3月新增就业91.6万个，高于预期</blockquote>

2021-05-26

Shopping at TaoBao will become less cheap [难过]

China’s Yuan Hits Strongest Level in Nearly Three Years<blockquote>人民币创近三年来最强水平</blockquote>

2021-05-07

$SINGAPORE PRESS HLDGS LTD(T39.SI)$OBSERVATIONS •SPH becomes a mostly Property co after removing Media biz •Besides their stake in SPHREIT, they have assets in Nursing Homes, Student Hostels in UK & M1 stake • For a quick projection using SPHREIT DPU trend as reference,Assuming SPH 2H Div also increase to 3ct (Total 3+3ct),Yield = 4% @ $1.50 (Current Yield 2.67% @ Div = 1+3 ct)NAV (after removing Media biz) = $2.08 ie ~25% discountCOMMENTS • Yield is NOT attractive vs REITs • Good discount to NAV but likely the norm for Property Co

2021-04-14

They can also half again & again & again... [疑问]

抱歉，原内容已删除

2021-04-14

Using '% off year hi' is a risky selection criteria. Using the PE as a first screening criteria may be a better approach, followed by more detailed research

The 24 Most-Hated Stocks in the S&P 500, and Why You Should Love Them<blockquote>标普500中最讨厌的24只股票，以及为什么你应该喜欢它们</blockquote>

2021-04-28

I'm guessing price will dip further based on EPS 1.95ct vs last Q 2.03ct (price peaked at $24x before higher expectations of this latest Q results pushed prices to $26x). Ball park $23x to $24x [疑问]

Microsoft sales grow on cloud strength, shares dip on heightened valuation<blockquote>微软销售额因云实力而增长，股价因估值上升而下跌</blockquote>

2021-05-15

The new normal [疑问]

What Disney, Airbnb and DoorDash results reveal about the post-pandemic economy<blockquote>迪士尼、爱彼迎和DoorDash的业绩揭示了大流行后经济的哪些信息</blockquote>

2021-03-27

BRK bought (1) & (2), already put in my watchlist

抱歉，原内容已删除

2021-05-14

In 5 years, meaning ~+10% a year. Quite realistic, given their continued growth coming from Cloud biz

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10:23","market":"us","language":"en","title":"Why Microsoft Stock Dropped<blockquote>微软股价为何下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165597848","media":"Motley Fool","summary":"What happened\nMicrosoft(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of","content":"<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> <b>Microsoft</b>(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of Labor reported that producer price inflation hit a historic high in November, up 9.6% from a year ago. This news came on top of a reported 6.8% jump in consumer prices that came out yesterday -- the fastest rate of price growth&nbsp;in 40 years.</p><p><blockquote><b>微软</b>（纳斯达克：MSFT）股价周二收盘下跌3.3%。劳工部报告称，11月份生产者价格通胀创历史新高，同比上涨9.6%。这一消息是在昨天公布的消费者价格上涨6.8%的基础上发布的，这是40年来最快的价格增长率。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Reporting on Microsoft's price decline, Bloomberg drew a direct line from the inflation data to the weakness in Microsoft's stock price. But why exactly is inflation bad news for Microsoft (and other&nbsp;tech stocks&nbsp;as well)?</p><p><blockquote>彭博社在报道微软股价下跌时，将通胀数据与微软股价疲软直接联系起来。但为什么通胀对微软（以及其他科技股）来说到底是个坏消息呢？</blockquote></p><p> Think about it this way: Right now, analysts who track Microsoft stock are forecasting that the company will grow its earnings by about 15% annually over the next five years. But if inflation eats up nearly 10% of that 15%, then Microsoft's real earnings won't actually be growing by 15% but only by 5%.</p><p><blockquote>可以这样想：目前，跟踪微软股票的分析师预测，该公司未来五年的盈利将每年增长约15%。但如果通货膨胀吞噬了这15%中的近10%，那么微软的实际收入实际上不会增长15%，而只会增长5%。</blockquote></p><p> That's assuming inflation continues rising at the rate it's currently rising of course -- which isn't certain. By the same token, though, it's also not certain that inflation won't rise&nbsp;<i>faster</i>&nbsp;than 10%.</p><p><blockquote>当然，这是假设通货膨胀继续以目前的速度上升——这并不确定。然而，出于同样的原因，也不能确定通货膨胀不会上升<i>更快</i>比10%。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Granted, the Federal Reserve will probably work to get inflation rates under control, but even there, the news isn't all great because the Fed's primary tool for containing inflation is raising interest rates.</p><p><blockquote>诚然，美联储可能会努力控制通胀率，但即便如此，消息也不全是好消息，因为美联储遏制通胀的主要工具是加息。</blockquote></p><p> The Fed is meeting today and tomorrow, by the way, to set policy on inflation (and interest rates). If they decide to raise rates, then that's likely to slow the economy and potentially also slow the rate at which Microsoft's profits are expected to grow -- which would result in no net benefit to Microsoft's real earnings growth.</p><p><blockquote>顺便说一下，美联储将于今天和明天召开会议，制定通胀（和利率）政策。如果他们决定加息，那么这可能会减缓经济增长，也可能减缓微软利润的预期增长速度——这不会给微软的实际盈利增长带来任何净收益。</blockquote></p><p> This, in a nutshell, is why Microsoft&nbsp;closed the day down&nbsp;and why $82.5 billion worth of Microsoft's market capitalization just went up in smoke.</p><p><blockquote>简而言之，这就是微软当天收盘下跌的原因，也是微软825亿美元市值化为乌有的原因。</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>Why Microsoft Stock Dropped<blockquote>微软股价为何下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Microsoft Stock Dropped<blockquote>微软股价为何下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-15 10:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> <b>Microsoft</b>(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of Labor reported that producer price inflation hit a historic high in November, up 9.6% from a year ago. This news came on top of a reported 6.8% jump in consumer prices that came out yesterday -- the fastest rate of price growth&nbsp;in 40 years.</p><p><blockquote><b>微软</b>（纳斯达克：MSFT）股价周二收盘下跌3.3%。劳工部报告称，11月份生产者价格通胀创历史新高，同比上涨9.6%。这一消息是在昨天公布的消费者价格上涨6.8%的基础上发布的，这是40年来最快的价格增长率。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Reporting on Microsoft's price decline, Bloomberg drew a direct line from the inflation data to the weakness in Microsoft's stock price. But why exactly is inflation bad news for Microsoft (and other&nbsp;tech stocks&nbsp;as well)?</p><p><blockquote>彭博社在报道微软股价下跌时，将通胀数据与微软股价疲软直接联系起来。但为什么通胀对微软（以及其他科技股）来说到底是个坏消息呢？</blockquote></p><p> Think about it this way: Right now, analysts who track Microsoft stock are forecasting that the company will grow its earnings by about 15% annually over the next five years. But if inflation eats up nearly 10% of that 15%, then Microsoft's real earnings won't actually be growing by 15% but only by 5%.</p><p><blockquote>可以这样想：目前，跟踪微软股票的分析师预测，该公司未来五年的盈利将每年增长约15%。但如果通货膨胀吞噬了这15%中的近10%，那么微软的实际收入实际上不会增长15%，而只会增长5%。</blockquote></p><p> That's assuming inflation continues rising at the rate it's currently rising of course -- which isn't certain. By the same token, though, it's also not certain that inflation won't rise&nbsp;<i>faster</i>&nbsp;than 10%.</p><p><blockquote>当然，这是假设通货膨胀继续以目前的速度上升——这并不确定。然而，出于同样的原因，也不能确定通货膨胀不会上升<i>更快</i>比10%。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Granted, the Federal Reserve will probably work to get inflation rates under control, but even there, the news isn't all great because the Fed's primary tool for containing inflation is raising interest rates.</p><p><blockquote>诚然，美联储可能会努力控制通胀率，但即便如此，消息也不全是好消息，因为美联储遏制通胀的主要工具是加息。</blockquote></p><p> The Fed is meeting today and tomorrow, by the way, to set policy on inflation (and interest rates). If they decide to raise rates, then that's likely to slow the economy and potentially also slow the rate at which Microsoft's profits are expected to grow -- which would result in no net benefit to Microsoft's real earnings growth.</p><p><blockquote>顺便说一下，美联储将于今天和明天召开会议，制定通胀（和利率）政策。如果他们决定加息，那么这可能会减缓经济增长，也可能减缓微软利润的预期增长速度——这不会给微软的实际盈利增长带来任何净收益。</blockquote></p><p> This, in a nutshell, is why Microsoft&nbsp;closed the day down&nbsp;and why $82.5 billion worth of Microsoft's market capitalization just went up in smoke.</p><p><blockquote>简而言之，这就是微软当天收盘下跌的原因，也是微软825亿美元市值化为乌有的原因。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/14/why-microsoft-stock-dropped-today/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/12/14/why-microsoft-stock-dropped-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165597848","content_text":"What happened\nMicrosoft(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of Labor reported that producer price inflation hit a historic high in November, up 9.6% from a year ago. This news came on top of a reported 6.8% jump in consumer prices that came out yesterday -- the fastest rate of price growth in 40 years.\nSo what\nReporting on Microsoft's price decline, Bloomberg drew a direct line from the inflation data to the weakness in Microsoft's stock price. But why exactly is inflation bad news for Microsoft (and other tech stocks as well)?\nThink about it this way: Right now, analysts who track Microsoft stock are forecasting that the company will grow its earnings by about 15% annually over the next five years. But if inflation eats up nearly 10% of that 15%, then Microsoft's real earnings won't actually be growing by 15% but only by 5%.\nThat's assuming inflation continues rising at the rate it's currently rising of course -- which isn't certain. By the same token, though, it's also not certain that inflation won't rise faster than 10%.\nNow what\nGranted, the Federal Reserve will probably work to get inflation rates under control, but even there, the news isn't all great because the Fed's primary tool for containing inflation is raising interest rates.\nThe Fed is meeting today and tomorrow, by the way, to set policy on inflation (and interest rates). If they decide to raise rates, then that's likely to slow the economy and potentially also slow the rate at which Microsoft's profits are expected to grow -- which would result in no net benefit to Microsoft's real earnings growth.\nThis, in a nutshell, is why Microsoft closed the day down and why $82.5 billion worth of Microsoft's market capitalization just went up in smoke.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":4649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600281878,"gmtCreate":1638157529419,"gmtModify":1638158339396,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SRT.SI\">$CSOP iEdge SREIT ETF S$(SRT.SI)$</a>Take note Tiger APP is not allowing trades in 0.001 bid steps as they're following SGX guidelines of 0.005 bid steps for &lt;$1 share prices ie can only put in at 0.985,&nbsp;0.990, 0.995, 1.000.Even though transactions are being done at 0.001 bid steps currently (see 2nd pix).","listText":"<a href=\"https://laohu8.com/S/SRT.SI\">$CSOP iEdge SREIT ETF S$(SRT.SI)$</a>Take note Tiger APP is not allowing trades in 0.001 bid steps as they're following SGX guidelines of 0.005 bid steps for &lt;$1 share prices ie can only put in at 0.985,&nbsp;0.990, 0.995, 1.000.Even though transactions are being done at 0.001 bid steps currently (see 2nd pix).","text":"$CSOP iEdge SREIT ETF S$(SRT.SI)$Take note Tiger APP is not allowing trades in 0.001 bid steps as they're following SGX guidelines of 0.005 bid steps for <$1 share prices ie can only put in at 0.985, 0.990, 0.995, 1.000.Even though transactions are being done at 0.001 bid steps currently (see 2nd pix).","images":[{"img":"https://static.tigerbbs.com/e7da882f4405ab546a06b875d0e6268e","width":"1080","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600281878","isVote":1,"tweetType":1,"viewCount":5220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},{"id":161918219,"gmtCreate":1623900211931,"gmtModify":1634026130010,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"More stocks to add to watchlist","listText":"More stocks to add to watchlist","text":"More stocks to add to watchlist","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/161918219","repostId":"1109684071","repostType":4,"repost":{"id":"1109684071","kind":"news","pubTimestamp":1623899734,"share":"https://www.laohu8.com/m/news/1109684071?lang=zh_CN&edition=full","pubTime":"2021-06-17 11:15","market":"us","language":"en","title":"3 Cash-Rich Dividend Stocks With Rising Payouts<blockquote>3只现金充裕、派息不断增加的股息股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109684071","media":"Motley Fool","summary":"Income investors should add these great businesses to their watch lists -- or their portfolios.","content":"<p>The stock market's rally through the late stages of the pandemic has pushed dividend yields lower and made it harder for income investors to find bargains. But there are still attractive options out there -- if you know where to look.</p><p><blockquote>股市在疫情后期的反弹压低了股息收益率，使收益投资者更难找到便宜货。但是仍然有有吸引力的选择——如果你知道去哪里找的话。</blockquote></p><p> In particular,<b>Target</b>(NYSE:TGT),<b>PepsiCo</b>(NASDAQ:PEP), and&nbsp;<b>Procter &amp; Gamble</b>(NYSE:PG)&nbsp;look like good candidates to add to your dividend stock shopping list today.</p><p><blockquote>特别是，<b>目标</b>（纽约证券交易所代码：TGT），<b>百事可乐</b>（纳斯达克：PEP），以及<b>宝洁公司</b>（纽约证券交易所股票代码：PG）看起来是今天添加到您的股息股票购物清单中的不错候选人。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/069694f03fa4933eb52b4b4948f5ba5c\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Target</b></p><p><blockquote><b>1.目标</b></blockquote></p><p> Target had almost all the ingredients to make it an ideal stock investment, even before its recent dividend hike announcement. The retailer gained&nbsp;$10 billion of new market share&nbsp;through the pandemic, and its momentum remains strong. For its fiscal first quarter, which ended May 1, its sales rose by 23%. For its fiscal Q1, rival&nbsp;<b>Walmart</b>(NYSE:WMT)&nbsp;notched a more modest 6% sales gain.</p><p><blockquote>甚至在最近宣布提高股息之前，塔吉特就几乎具备了使其成为理想股票投资的所有要素。该零售商通过疫情获得了100亿美元的新市场份额，而且势头依然强劲。截至5月1日的第一财季销售额增长了23%。对于其第一财季，竞争对手<b>沃尔玛</b>（纽约证券交易所股票代码：WMT）的销售额增长幅度较小，为6%。</blockquote></p><p> Shoppers are loving Target's assortment of home furnishings and its speedy fulfillment options. Demand spikes in those niches helped lift its operating income to nearly 10% of revenue in fiscal Q1 2021, compared to around 6% before the pandemic struck.</p><p><blockquote>购物者喜欢塔吉特百货的各种家居用品及其快速履行选项。这些利基市场的需求激增帮助其2021财年第一季度营业收入占收入的近10%，而疫情爆发前这一比例约为6%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/12a801ac9a9d87a59418719f0c12971a\" tg-width=\"720\" tg-height=\"468\"><span>TGT OPERATING MARGIN (TTM) DATA BY YCHARTS</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的TGT营业利润率(TTM)数据</span></p></blockquote></p><p> Better yet for income investors, Target is on the cusp of qualifying for&nbsp;Dividend King&nbsp;status after having just announced its 50th consecutive annual increase. That payout boost was a big one, too: 32%.</p><p><blockquote>对于收益投资者来说更好的是，塔吉特刚刚宣布连续第50次年度增长，即将获得股息之王地位。派息增幅也很大：32%。</blockquote></p><p> Sure, the stock looks expensive after its rally over the past year. But it continues to earn that premium valuation by giving shareholders a healthy mix of rising dividends and revenue growth.</p><p><blockquote>当然，经过过去一年的上涨，该股看起来很昂贵。但它通过为股东提供股息上升和收入增长的健康组合，继续获得溢价估值。</blockquote></p><p> <b>2. PepsiCo</b></p><p><blockquote><b>2.百事公司</b></blockquote></p><p> Investors can overcomplicate the hunt for quality dividend stocks. Sometimes the best answers are in plain sight.</p><p><blockquote>投资者可能会使寻找优质股息股票的过程过于复杂。有时候最好的答案就在眼前。</blockquote></p><p> Consumer packaged foods giant PepsiCo maintained its impressive momentum during the pandemic as sales in its snack and prepared meal segments offset slumping demand for on-the-go beverages. Sales in Q1 were up 10% on a two-year basis, management&nbsp;said in April.</p><p><blockquote>消费包装食品巨头百事可乐在疫情期间保持了令人印象深刻的势头，其零食和预制食品部门的销售抵消了对移动饮料需求的下滑。管理层4月份表示，第一季度销售额两年来增长了10%。</blockquote></p><p> Pepsi's relatively weak short-term earnings outlook has convinced Wall Street to leave the stock out of the latest market rally. The good news is that this means you can buy this blue chip at a relative bargain price, and get a dividend that still yields nearly 3% at current share prices.</p><p><blockquote>百事可乐相对疲软的短期盈利前景说服华尔街将该股排除在最新的市场反弹之外。好消息是，这意味着您可以以相对便宜的价格购买这只蓝筹股，并获得按当前股价计算仍有近3%收益率的股息。</blockquote></p><p> <b>3. Procter &amp; Gamble</b></p><p><blockquote><b>3.宝洁</b></blockquote></p><p> Procter &amp; Gamble has raised its dividend every year since 1956, but the consumer staples powerhouse is still finding ways to impress income investors. In April, P&amp;G announced a 10% hike to its annual payout following strong sales growth at the start of 2021.</p><p><blockquote>自1956年以来，宝洁公司每年都提高股息，但这家必需消费品巨头仍在想方设法给收入投资者留下深刻印象。4月，继2021年初销售强劲增长后，宝洁宣布将年度派息提高10%。</blockquote></p><p> P&amp;G is sure to see a growth slowdown over the next few quarters as consumer mobility rises and time spent in the home declines. But that's no reason to avoid this stellar stock. The company dominates in dozens of consumer product niches that sell well in any economic environment, from diapers to paper towels. Its finances are stellar -- for example, cash flow rose in&nbsp;each of the last three fiscal years. And P&amp;G already leads its industry in metrics like profitability, but continues to find room to cut costs.</p><p><blockquote>随着消费者流动性的增加和在家时间的减少，宝洁公司在未来几个季度的增长肯定会放缓。但这并不是回避这只优秀股票的理由。该公司在从尿布到纸巾等数十种在任何经济环境下都畅销的消费品领域占据主导地位。它的财务状况非常出色——例如，过去三个财年的现金流每年都在增长。宝洁在盈利能力等指标上已经领先行业，但仍在继续寻找削减成本的空间。</blockquote></p><p> The sum of those trends should leave income investors happy to own this stock, which today yields over 2% -- beating the 1.4% yield you could get by owning a total market&nbsp;index fund. Purchasing stable dividend stocks like P&amp;G, PepsiCo, and Target will amplify your returns without adding much extra risk to your portfolio.</p><p><blockquote>这些趋势的总和应该会让收入投资者乐于持有这只股票，该股票目前的收益率超过2%，超过了拥有总市场指数基金所能获得的1.4%的收益率。购买宝洁、百事可乐和塔吉特等稳定股息股票将增加您的回报，而不会给您的投资组合增加太多额外风险。</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>3 Cash-Rich Dividend Stocks With Rising Payouts<blockquote>3只现金充裕、派息不断增加的股息股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Cash-Rich Dividend Stocks With Rising Payouts<blockquote>3只现金充裕、派息不断增加的股息股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-06-17 11:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The stock market's rally through the late stages of the pandemic has pushed dividend yields lower and made it harder for income investors to find bargains. But there are still attractive options out there -- if you know where to look.</p><p><blockquote>股市在疫情后期的反弹压低了股息收益率，使收益投资者更难找到便宜货。但是仍然有有吸引力的选择——如果你知道去哪里找的话。</blockquote></p><p> In particular,<b>Target</b>(NYSE:TGT),<b>PepsiCo</b>(NASDAQ:PEP), and&nbsp;<b>Procter &amp; Gamble</b>(NYSE:PG)&nbsp;look like good candidates to add to your dividend stock shopping list today.</p><p><blockquote>特别是，<b>目标</b>（纽约证券交易所代码：TGT），<b>百事可乐</b>（纳斯达克：PEP），以及<b>宝洁公司</b>（纽约证券交易所股票代码：PG）看起来是今天添加到您的股息股票购物清单中的不错候选人。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/069694f03fa4933eb52b4b4948f5ba5c\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Target</b></p><p><blockquote><b>1.目标</b></blockquote></p><p> Target had almost all the ingredients to make it an ideal stock investment, even before its recent dividend hike announcement. The retailer gained&nbsp;$10 billion of new market share&nbsp;through the pandemic, and its momentum remains strong. For its fiscal first quarter, which ended May 1, its sales rose by 23%. For its fiscal Q1, rival&nbsp;<b>Walmart</b>(NYSE:WMT)&nbsp;notched a more modest 6% sales gain.</p><p><blockquote>甚至在最近宣布提高股息之前，塔吉特就几乎具备了使其成为理想股票投资的所有要素。该零售商通过疫情获得了100亿美元的新市场份额，而且势头依然强劲。截至5月1日的第一财季销售额增长了23%。对于其第一财季，竞争对手<b>沃尔玛</b>（纽约证券交易所股票代码：WMT）的销售额增长幅度较小，为6%。</blockquote></p><p> Shoppers are loving Target's assortment of home furnishings and its speedy fulfillment options. Demand spikes in those niches helped lift its operating income to nearly 10% of revenue in fiscal Q1 2021, compared to around 6% before the pandemic struck.</p><p><blockquote>购物者喜欢塔吉特百货的各种家居用品及其快速履行选项。这些利基市场的需求激增帮助其2021财年第一季度营业收入占收入的近10%，而疫情爆发前这一比例约为6%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/12a801ac9a9d87a59418719f0c12971a\" tg-width=\"720\" tg-height=\"468\"><span>TGT OPERATING MARGIN (TTM) DATA BY YCHARTS</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的TGT营业利润率(TTM)数据</span></p></blockquote></p><p> Better yet for income investors, Target is on the cusp of qualifying for&nbsp;Dividend King&nbsp;status after having just announced its 50th consecutive annual increase. That payout boost was a big one, too: 32%.</p><p><blockquote>对于收益投资者来说更好的是，塔吉特刚刚宣布连续第50次年度增长，即将获得股息之王地位。派息增幅也很大：32%。</blockquote></p><p> Sure, the stock looks expensive after its rally over the past year. But it continues to earn that premium valuation by giving shareholders a healthy mix of rising dividends and revenue growth.</p><p><blockquote>当然，经过过去一年的上涨，该股看起来很昂贵。但它通过为股东提供股息上升和收入增长的健康组合，继续获得溢价估值。</blockquote></p><p> <b>2. PepsiCo</b></p><p><blockquote><b>2.百事公司</b></blockquote></p><p> Investors can overcomplicate the hunt for quality dividend stocks. Sometimes the best answers are in plain sight.</p><p><blockquote>投资者可能会使寻找优质股息股票的过程过于复杂。有时候最好的答案就在眼前。</blockquote></p><p> Consumer packaged foods giant PepsiCo maintained its impressive momentum during the pandemic as sales in its snack and prepared meal segments offset slumping demand for on-the-go beverages. Sales in Q1 were up 10% on a two-year basis, management&nbsp;said in April.</p><p><blockquote>消费包装食品巨头百事可乐在疫情期间保持了令人印象深刻的势头，其零食和预制食品部门的销售抵消了对移动饮料需求的下滑。管理层4月份表示，第一季度销售额两年来增长了10%。</blockquote></p><p> Pepsi's relatively weak short-term earnings outlook has convinced Wall Street to leave the stock out of the latest market rally. The good news is that this means you can buy this blue chip at a relative bargain price, and get a dividend that still yields nearly 3% at current share prices.</p><p><blockquote>百事可乐相对疲软的短期盈利前景说服华尔街将该股排除在最新的市场反弹之外。好消息是，这意味着您可以以相对便宜的价格购买这只蓝筹股，并获得按当前股价计算仍有近3%收益率的股息。</blockquote></p><p> <b>3. Procter &amp; Gamble</b></p><p><blockquote><b>3.宝洁</b></blockquote></p><p> Procter &amp; Gamble has raised its dividend every year since 1956, but the consumer staples powerhouse is still finding ways to impress income investors. In April, P&amp;G announced a 10% hike to its annual payout following strong sales growth at the start of 2021.</p><p><blockquote>自1956年以来，宝洁公司每年都提高股息，但这家必需消费品巨头仍在想方设法给收入投资者留下深刻印象。4月，继2021年初销售强劲增长后，宝洁宣布将年度派息提高10%。</blockquote></p><p> P&amp;G is sure to see a growth slowdown over the next few quarters as consumer mobility rises and time spent in the home declines. But that's no reason to avoid this stellar stock. The company dominates in dozens of consumer product niches that sell well in any economic environment, from diapers to paper towels. Its finances are stellar -- for example, cash flow rose in&nbsp;each of the last three fiscal years. And P&amp;G already leads its industry in metrics like profitability, but continues to find room to cut costs.</p><p><blockquote>随着消费者流动性的增加和在家时间的减少，宝洁公司在未来几个季度的增长肯定会放缓。但这并不是回避这只优秀股票的理由。该公司在从尿布到纸巾等数十种在任何经济环境下都畅销的消费品领域占据主导地位。它的财务状况非常出色——例如，过去三个财年的现金流每年都在增长。宝洁在盈利能力等指标上已经领先行业，但仍在继续寻找削减成本的空间。</blockquote></p><p> The sum of those trends should leave income investors happy to own this stock, which today yields over 2% -- beating the 1.4% yield you could get by owning a total market&nbsp;index fund. Purchasing stable dividend stocks like P&amp;G, PepsiCo, and Target will amplify your returns without adding much extra risk to your portfolio.</p><p><blockquote>这些趋势的总和应该会让收入投资者乐于持有这只股票，该股票目前的收益率超过2%，超过了拥有总市场指数基金所能获得的1.4%的收益率。购买宝洁、百事可乐和塔吉特等稳定股息股票将增加您的回报，而不会给您的投资组合增加太多额外风险。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/06/16/3-cash-rich-dividend-stocks-with-rising-payouts/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PEP":"百事可乐","TGT":"塔吉特","PG":"宝洁"},"source_url":"https://www.fool.com/investing/2021/06/16/3-cash-rich-dividend-stocks-with-rising-payouts/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109684071","content_text":"The stock market's rally through the late stages of the pandemic has pushed dividend yields lower and made it harder for income investors to find bargains. But there are still attractive options out there -- if you know where to look.\nIn particular,Target(NYSE:TGT),PepsiCo(NASDAQ:PEP), and Procter & Gamble(NYSE:PG) look like good candidates to add to your dividend stock shopping list today.\nIMAGE SOURCE: GETTY IMAGES.\n1. Target\nTarget had almost all the ingredients to make it an ideal stock investment, even before its recent dividend hike announcement. The retailer gained $10 billion of new market share through the pandemic, and its momentum remains strong. For its fiscal first quarter, which ended May 1, its sales rose by 23%. For its fiscal Q1, rival Walmart(NYSE:WMT) notched a more modest 6% sales gain.\nShoppers are loving Target's assortment of home furnishings and its speedy fulfillment options. Demand spikes in those niches helped lift its operating income to nearly 10% of revenue in fiscal Q1 2021, compared to around 6% before the pandemic struck.\nTGT OPERATING MARGIN (TTM) DATA BY YCHARTS\nBetter yet for income investors, Target is on the cusp of qualifying for Dividend King status after having just announced its 50th consecutive annual increase. That payout boost was a big one, too: 32%.\nSure, the stock looks expensive after its rally over the past year. But it continues to earn that premium valuation by giving shareholders a healthy mix of rising dividends and revenue growth.\n2. PepsiCo\nInvestors can overcomplicate the hunt for quality dividend stocks. Sometimes the best answers are in plain sight.\nConsumer packaged foods giant PepsiCo maintained its impressive momentum during the pandemic as sales in its snack and prepared meal segments offset slumping demand for on-the-go beverages. Sales in Q1 were up 10% on a two-year basis, management said in April.\nPepsi's relatively weak short-term earnings outlook has convinced Wall Street to leave the stock out of the latest market rally. The good news is that this means you can buy this blue chip at a relative bargain price, and get a dividend that still yields nearly 3% at current share prices.\n3. Procter & Gamble\nProcter & Gamble has raised its dividend every year since 1956, but the consumer staples powerhouse is still finding ways to impress income investors. In April, P&G announced a 10% hike to its annual payout following strong sales growth at the start of 2021.\nP&G is sure to see a growth slowdown over the next few quarters as consumer mobility rises and time spent in the home declines. But that's no reason to avoid this stellar stock. The company dominates in dozens of consumer product niches that sell well in any economic environment, from diapers to paper towels. Its finances are stellar -- for example, cash flow rose in each of the last three fiscal years. And P&G already leads its industry in metrics like profitability, but continues to find room to cut costs.\nThe sum of those trends should leave income investors happy to own this stock, which today yields over 2% -- beating the 1.4% yield you could get by owning a total market index fund. Purchasing stable dividend stocks like P&G, PepsiCo, and Target will amplify your returns without adding much extra risk to your portfolio.","news_type":1,"symbols_score_info":{"PEP":0.9,"PG":0.9,"TGT":0.9}},"isVote":1,"tweetType":1,"viewCount":2407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161911106,"gmtCreate":1623900150805,"gmtModify":1634026131017,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Still a long way&nbsp;[白眼]&nbsp;","listText":"Still a long way&nbsp;[白眼]&nbsp;","text":"Still a long way [白眼]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161911106","repostId":"2144270718","repostType":4,"isVote":1,"tweetType":1,"viewCount":4326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":160770371,"gmtCreate":1623807702593,"gmtModify":1634027838525,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Opportunity to buy back&nbsp;[财迷]&nbsp;","listText":"Opportunity to buy back&nbsp;[财迷]&nbsp;","text":"Opportunity to buy back [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/160770371","repostId":"2143680537","repostType":4,"isVote":1,"tweetType":1,"viewCount":4551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":160166748,"gmtCreate":1623775287484,"gmtModify":1634028389828,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"For today, mkt is more nervous about what FED will be saying later&nbsp; [开心]&nbsp;","listText":"For today, mkt is more nervous about what FED will be saying later&nbsp; [开心]&nbsp;","text":"For today, mkt is more nervous about what FED will be saying later [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160166748","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","kind":"news","pubTimestamp":1623762167,"share":"https://www.laohu8.com/m/news/1191245053?lang=zh_CN&edition=full","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></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>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</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\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">zerohedge</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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":184782997,"gmtCreate":1623725345419,"gmtModify":1634029507517,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Adds to watchlist&nbsp;[鬼脸]&nbsp;","listText":"Adds to watchlist&nbsp;[鬼脸]&nbsp;","text":"Adds to watchlist [鬼脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184782997","repostId":"1167323938","repostType":4,"repost":{"id":"1167323938","kind":"news","pubTimestamp":1623723810,"share":"https://www.laohu8.com/m/news/1167323938?lang=zh_CN&edition=full","pubTime":"2021-06-15 10:23","market":"us","language":"en","title":"My 3 Favorite Stocks Right Now<blockquote>我现在最喜欢的3只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167323938","media":"Motley Fool","summary":"These companies make good long-term core holdings.\nStock investing starts with picking the right com","content":"<p>These companies make good long-term core holdings.</p><p><blockquote>这些公司是很好的长期核心持股。</blockquote></p><p> Stock investing&nbsp;starts with picking the right companies. Remember, finding the nextmeme stockbefore the price takes off and selling at the high point is virtually impossible without a time machine.</p><p><blockquote>股票投资从选择合适的公司开始。请记住，如果没有时间机器，在价格起飞之前找到下一只模因股票并在高点卖出几乎是不可能的。</blockquote></p><p> Instead, I like buying shares in high-quality companies with strong market positions that have competitive advantages that aren't easily duplicated. Granted, this is easier said than done, but these companies fit the description.</p><p><blockquote>相反，我喜欢购买具有强大市场地位、具有不易复制的竞争优势的优质公司的股票。诚然，这说起来容易做起来难，但这些公司符合描述。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/effed739609f2c132bbfba134fe0ff19\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Amazon</b></p><p><blockquote><b>1.亚马逊</b></blockquote></p><p> <b>Amazon</b>&nbsp;(NASDAQ:AMZN)&nbsp;has become synonymous with e-commerce, but the company is much more than that. It has done this by sticking to its principles, which include focusing on the customer, innovating, and planning for the long term. You can see this through its popular Amazon Prime subscription service, which includes delivery charges, and hardware devices like Alexa and Kindle. There is also its fast-growing, higher-margin Amazon Web Services (AWS) business that provides cloud computing services.</p><p><blockquote><b>亚马逊</b>（纳斯达克：AMZN）已经成为电子商务的代名词，但该公司远不止于此。它通过坚持其原则做到了这一点，包括关注客户、创新和长期规划。你可以通过其广受欢迎的亚马逊Prime订阅服务（包括送货费）以及Alexa和Kindle等硬件设备看到这一点。还有其快速增长、利润更高的亚马逊网络服务（AWS）业务，提供云计算服务。</blockquote></p><p> Its presence is so dominant that Amazon completely changes an industry's dynamics when it decides to enter the fray. That's because it often provides cheap prices and fast delivery -- a compelling proposition. This happened when it pushed further into selling food and apparel, for instance. The company is also moving further into&nbsp;offering prescription drugs.</p><p><blockquote>它的存在如此占主导地位，以至于当亚马逊决定加入竞争时，它完全改变了一个行业的动态。这是因为它通常提供便宜的价格和快速的交货——这是一个令人信服的主张。例如，当它进一步进军食品和服装销售时，就会发生这种情况。该公司还进一步提供处方药。</blockquote></p><p> While its long-term focus means Amazon is willing to forgo short-term profits, the company is hugely profitable. Its operating profit grew from 2016's $4.2 billion to $22.9 billion last year. In the first quarter, the company's profit more than doubled from $4 billion to $8.8 billion.</p><p><blockquote>虽然长期关注意味着亚马逊愿意放弃短期利润，但该公司利润丰厚。其营业利润从2016年的42亿美元增长到去年的229亿美元。第一季度，该公司的利润从40亿美元增长到88亿美元，增长了一倍多。</blockquote></p><p> <b>2. Costco</b></p><p><blockquote><b>2.Costco</b></blockquote></p><p> <b>Costco Wholesale</b>&nbsp;(NASDAQ:COST)&nbsp;has created quite a shopping experience. Known for its wide aisles, bulk items, and free samples, it has built a loyal and growing membership.</p><p><blockquote><b>好市多批发</b>（纳斯达克：COST）创造了相当不错的购物体验。它以其宽阔的过道、散装商品和免费样品而闻名，已经建立了忠诚且不断增长的会员。</blockquote></p><p> Costco's simple formula is hard to replicate: It focuses on high-quality merchandise and services, and sells them at low unit prices. Costco's paid members have grown from 47.6 million in 2016 to 58.1 million last year (the fiscal year ends on June 30). Meanwhile, its retention rate has hovered around 90%.</p><p><blockquote>Costco的简单公式很难复制：它专注于高质量的商品和服务，并以低单价出售。Costco的付费会员从2016年的4760万增长到去年的5810万（财年截至6月30日）。与此同时，其留存率一直徘徊在90%左右。</blockquote></p><p> With a focus on customer needs, it even has a generous return policy to help members have confidence in their purchases.</p><p><blockquote>专注于客户需求，它甚至有慷慨的退货政策，以帮助会员对他们的购买充满信心。</blockquote></p><p> Management also keeps an eye on improving results. It has had positive same-store sales (comps) for many years, including a 9% increase last year after excluding the effects of gasoline price changes and foreign currency exchange translation. Operating income grew from $3.7 billion to $5.4 billion over the last five years.</p><p><blockquote>管理层还关注改善结果。多年来，该公司的同店销售额(COMP)一直保持正增长，其中去年在排除汽油价格变化和外币兑换折算的影响后增长了9%。过去五年营业收入从37亿美元增长到54亿美元。</blockquote></p><p> Recent results also provide encouragement that management continues to execute. Comps increased by 15.2% for the first three quarters of 2021, and operating income grew by more than 26% to $4.4 billion.</p><p><blockquote>最近的结果也鼓励管理层继续执行。2021年前三季度业绩增长15.2%，营业收入增长超过26%，达到44亿美元。</blockquote></p><p> While income investors can find higher yields than Costco's 0.8%, it does have a history of annually raising dividends. This includes increasing May's payment to $0.79 from the previous quarter's $0.70. But better still, the board of directors has declared large special dividends every few years. The most recent was a $10 payment last December.</p><p><blockquote>虽然收益投资者可以找到比Costco 0.8%更高的收益率，但它确实有每年提高股息的历史。这包括将5月份的付款从上一季度的0.70美元增加到0.79美元。但更好的是，董事会每隔几年就会宣布大笔特别股息。最近一次是去年12月支付的10美元。</blockquote></p><p> <b>3. Walmart</b></p><p><blockquote><b>3.沃尔玛</b></blockquote></p><p> <b>Walmart</b>&nbsp;(NYSE:WMT)&nbsp;has built itself into the world's largest retailer, serving more than 240 million customers every week. The company, which opened its first discount store nearly six decades ago, squeezes costs and passes these savings on to the customer. This allows Walmart to offer the lowest prices on its goods, making it difficult for competitors to keep up.</p><p><blockquote><b>沃尔玛</b>（纽约证券交易所代码：WMT）已成为全球最大的零售商，每周为超过2.4亿客户提供服务。该公司在近60年前开设了第一家折扣店，压缩成本并将这些节省下来的成本转嫁给顾客。这使得沃尔玛能够为其商品提供最低的价格，使竞争对手难以跟上。</blockquote></p><p> It isn't sitting still, either. It is keeping pace with online competitors, namely Amazon, by investing in technology to provide a seamless omnichannel experience to its shoppers. This includes launching the subscription service Walmart+, which provides delivery, gasoline discounts, and faster checkout at its stores.</p><p><blockquote>它也没有静止不动。它正在通过投资技术为购物者提供无缝的全渠道体验，与在线竞争对手亚马逊保持同步。这包括推出订阅服务Walmart+，该服务提供送货、汽油折扣和更快的商店结账速度。</blockquote></p><p> Last year, its adjusted revenue rose by 7.7% to $564.2 billion, driving operating income 9.3% higher to $23.4 billion. In the first quarter, revenue growth was about 2%, and management expects a low-single-digit percentage increase for the year. Its guidance calls for flattish operating income.</p><p><blockquote>去年，其调整后收入增长7.7%至5642亿美元，推动营业收入增长9.3%至234亿美元。第一季度收入增长约2%，管理层预计全年将实现低个位数百分比增长。其指导评级营业收入持平。</blockquote></p><p> While this outlook undoubtedly disappointed some investors, I'm not concerned. Management has its eyes on the long-term picture, and it is investing in technology to better serve its customers and remain a dominant retailer.</p><p><blockquote>虽然这一前景无疑让一些投资者感到失望，但我并不担心。管理层着眼于长远，正在投资技术，以更好地服务客户并保持零售商的主导地位。</blockquote></p><p> Walmart also offers a 1.6% yield, and it has also raised its quarterly dividend annually since initiating a payout in 1974. Already aDividend Aristocrat, it will become a Dividend King when the streak hits 50 years.</p><p><blockquote>沃尔玛还提供1.6%的收益率，自1974年开始派息以来，它还每年提高季度股息。它已经是股息贵族，当连续50年时，它将成为股息之王。</blockquote></p><p></p><p> While these are three different companies in various stages, each is a strong addition to your portfolio. Adding them will give you a high-growth stock, a steady grower that tends to pay large dividends every few years, and a dominant retailer that continues to grow and regularly increase payments to shareholders.</p><p><blockquote>虽然这是处于不同阶段的三家不同公司，但每家公司都是您投资组合的有力补充。添加它们将为您提供一只高增长股票、一只往往每隔几年支付大量股息的稳定增长公司，以及一家持续增长并定期增加向股东支付的占主导地位的零售商。</blockquote></p><p> That's a winning combination that should make these core holdings a great addition to your portfolio.</p><p><blockquote>这是一个成功的组合，应该会使这些核心持股成为您投资组合的重要补充。</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>My 3 Favorite Stocks Right Now<blockquote>我现在最喜欢的3只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMy 3 Favorite Stocks Right Now<blockquote>我现在最喜欢的3只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-06-15 10:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>These companies make good long-term core holdings.</p><p><blockquote>这些公司是很好的长期核心持股。</blockquote></p><p> Stock investing&nbsp;starts with picking the right companies. Remember, finding the nextmeme stockbefore the price takes off and selling at the high point is virtually impossible without a time machine.</p><p><blockquote>股票投资从选择合适的公司开始。请记住，如果没有时间机器，在价格起飞之前找到下一只模因股票并在高点卖出几乎是不可能的。</blockquote></p><p> Instead, I like buying shares in high-quality companies with strong market positions that have competitive advantages that aren't easily duplicated. Granted, this is easier said than done, but these companies fit the description.</p><p><blockquote>相反，我喜欢购买具有强大市场地位、具有不易复制的竞争优势的优质公司的股票。诚然，这说起来容易做起来难，但这些公司符合描述。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/effed739609f2c132bbfba134fe0ff19\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Amazon</b></p><p><blockquote><b>1.亚马逊</b></blockquote></p><p> <b>Amazon</b>&nbsp;(NASDAQ:AMZN)&nbsp;has become synonymous with e-commerce, but the company is much more than that. It has done this by sticking to its principles, which include focusing on the customer, innovating, and planning for the long term. You can see this through its popular Amazon Prime subscription service, which includes delivery charges, and hardware devices like Alexa and Kindle. There is also its fast-growing, higher-margin Amazon Web Services (AWS) business that provides cloud computing services.</p><p><blockquote><b>亚马逊</b>（纳斯达克：AMZN）已经成为电子商务的代名词，但该公司远不止于此。它通过坚持其原则做到了这一点，包括关注客户、创新和长期规划。你可以通过其广受欢迎的亚马逊Prime订阅服务（包括送货费）以及Alexa和Kindle等硬件设备看到这一点。还有其快速增长、利润更高的亚马逊网络服务（AWS）业务，提供云计算服务。</blockquote></p><p> Its presence is so dominant that Amazon completely changes an industry's dynamics when it decides to enter the fray. That's because it often provides cheap prices and fast delivery -- a compelling proposition. This happened when it pushed further into selling food and apparel, for instance. The company is also moving further into&nbsp;offering prescription drugs.</p><p><blockquote>它的存在如此占主导地位，以至于当亚马逊决定加入竞争时，它完全改变了一个行业的动态。这是因为它通常提供便宜的价格和快速的交货——这是一个令人信服的主张。例如，当它进一步进军食品和服装销售时，就会发生这种情况。该公司还进一步提供处方药。</blockquote></p><p> While its long-term focus means Amazon is willing to forgo short-term profits, the company is hugely profitable. Its operating profit grew from 2016's $4.2 billion to $22.9 billion last year. In the first quarter, the company's profit more than doubled from $4 billion to $8.8 billion.</p><p><blockquote>虽然长期关注意味着亚马逊愿意放弃短期利润，但该公司利润丰厚。其营业利润从2016年的42亿美元增长到去年的229亿美元。第一季度，该公司的利润从40亿美元增长到88亿美元，增长了一倍多。</blockquote></p><p> <b>2. Costco</b></p><p><blockquote><b>2.Costco</b></blockquote></p><p> <b>Costco Wholesale</b>&nbsp;(NASDAQ:COST)&nbsp;has created quite a shopping experience. Known for its wide aisles, bulk items, and free samples, it has built a loyal and growing membership.</p><p><blockquote><b>好市多批发</b>（纳斯达克：COST）创造了相当不错的购物体验。它以其宽阔的过道、散装商品和免费样品而闻名，已经建立了忠诚且不断增长的会员。</blockquote></p><p> Costco's simple formula is hard to replicate: It focuses on high-quality merchandise and services, and sells them at low unit prices. Costco's paid members have grown from 47.6 million in 2016 to 58.1 million last year (the fiscal year ends on June 30). Meanwhile, its retention rate has hovered around 90%.</p><p><blockquote>Costco的简单公式很难复制：它专注于高质量的商品和服务，并以低单价出售。Costco的付费会员从2016年的4760万增长到去年的5810万（财年截至6月30日）。与此同时，其留存率一直徘徊在90%左右。</blockquote></p><p> With a focus on customer needs, it even has a generous return policy to help members have confidence in their purchases.</p><p><blockquote>专注于客户需求，它甚至有慷慨的退货政策，以帮助会员对他们的购买充满信心。</blockquote></p><p> Management also keeps an eye on improving results. It has had positive same-store sales (comps) for many years, including a 9% increase last year after excluding the effects of gasoline price changes and foreign currency exchange translation. Operating income grew from $3.7 billion to $5.4 billion over the last five years.</p><p><blockquote>管理层还关注改善结果。多年来，该公司的同店销售额(COMP)一直保持正增长，其中去年在排除汽油价格变化和外币兑换折算的影响后增长了9%。过去五年营业收入从37亿美元增长到54亿美元。</blockquote></p><p> Recent results also provide encouragement that management continues to execute. Comps increased by 15.2% for the first three quarters of 2021, and operating income grew by more than 26% to $4.4 billion.</p><p><blockquote>最近的结果也鼓励管理层继续执行。2021年前三季度业绩增长15.2%，营业收入增长超过26%，达到44亿美元。</blockquote></p><p> While income investors can find higher yields than Costco's 0.8%, it does have a history of annually raising dividends. This includes increasing May's payment to $0.79 from the previous quarter's $0.70. But better still, the board of directors has declared large special dividends every few years. The most recent was a $10 payment last December.</p><p><blockquote>虽然收益投资者可以找到比Costco 0.8%更高的收益率，但它确实有每年提高股息的历史。这包括将5月份的付款从上一季度的0.70美元增加到0.79美元。但更好的是，董事会每隔几年就会宣布大笔特别股息。最近一次是去年12月支付的10美元。</blockquote></p><p> <b>3. Walmart</b></p><p><blockquote><b>3.沃尔玛</b></blockquote></p><p> <b>Walmart</b>&nbsp;(NYSE:WMT)&nbsp;has built itself into the world's largest retailer, serving more than 240 million customers every week. The company, which opened its first discount store nearly six decades ago, squeezes costs and passes these savings on to the customer. This allows Walmart to offer the lowest prices on its goods, making it difficult for competitors to keep up.</p><p><blockquote><b>沃尔玛</b>（纽约证券交易所代码：WMT）已成为全球最大的零售商，每周为超过2.4亿客户提供服务。该公司在近60年前开设了第一家折扣店，压缩成本并将这些节省下来的成本转嫁给顾客。这使得沃尔玛能够为其商品提供最低的价格，使竞争对手难以跟上。</blockquote></p><p> It isn't sitting still, either. It is keeping pace with online competitors, namely Amazon, by investing in technology to provide a seamless omnichannel experience to its shoppers. This includes launching the subscription service Walmart+, which provides delivery, gasoline discounts, and faster checkout at its stores.</p><p><blockquote>它也没有静止不动。它正在通过投资技术为购物者提供无缝的全渠道体验，与在线竞争对手亚马逊保持同步。这包括推出订阅服务Walmart+，该服务提供送货、汽油折扣和更快的商店结账速度。</blockquote></p><p> Last year, its adjusted revenue rose by 7.7% to $564.2 billion, driving operating income 9.3% higher to $23.4 billion. In the first quarter, revenue growth was about 2%, and management expects a low-single-digit percentage increase for the year. Its guidance calls for flattish operating income.</p><p><blockquote>去年，其调整后收入增长7.7%至5642亿美元，推动营业收入增长9.3%至234亿美元。第一季度收入增长约2%，管理层预计全年将实现低个位数百分比增长。其指导评级营业收入持平。</blockquote></p><p> While this outlook undoubtedly disappointed some investors, I'm not concerned. Management has its eyes on the long-term picture, and it is investing in technology to better serve its customers and remain a dominant retailer.</p><p><blockquote>虽然这一前景无疑让一些投资者感到失望，但我并不担心。管理层着眼于长远，正在投资技术，以更好地服务客户并保持零售商的主导地位。</blockquote></p><p> Walmart also offers a 1.6% yield, and it has also raised its quarterly dividend annually since initiating a payout in 1974. Already aDividend Aristocrat, it will become a Dividend King when the streak hits 50 years.</p><p><blockquote>沃尔玛还提供1.6%的收益率，自1974年开始派息以来，它还每年提高季度股息。它已经是股息贵族，当连续50年时，它将成为股息之王。</blockquote></p><p></p><p> While these are three different companies in various stages, each is a strong addition to your portfolio. Adding them will give you a high-growth stock, a steady grower that tends to pay large dividends every few years, and a dominant retailer that continues to grow and regularly increase payments to shareholders.</p><p><blockquote>虽然这是处于不同阶段的三家不同公司，但每家公司都是您投资组合的有力补充。添加它们将为您提供一只高增长股票、一只往往每隔几年支付大量股息的稳定增长公司，以及一家持续增长并定期增加向股东支付的占主导地位的零售商。</blockquote></p><p> That's a winning combination that should make these core holdings a great addition to your portfolio.</p><p><blockquote>这是一个成功的组合，应该会使这些核心持股成为您投资组合的重要补充。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/06/14/my-3-favorite-stocks-right-now/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","COST":"好市多","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2021/06/14/my-3-favorite-stocks-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167323938","content_text":"These companies make good long-term core holdings.\nStock investing starts with picking the right companies. Remember, finding the nextmeme stockbefore the price takes off and selling at the high point is virtually impossible without a time machine.\nInstead, I like buying shares in high-quality companies with strong market positions that have competitive advantages that aren't easily duplicated. Granted, this is easier said than done, but these companies fit the description.\nIMAGE SOURCE: GETTY IMAGES.\n1. Amazon\nAmazon (NASDAQ:AMZN) has become synonymous with e-commerce, but the company is much more than that. It has done this by sticking to its principles, which include focusing on the customer, innovating, and planning for the long term. You can see this through its popular Amazon Prime subscription service, which includes delivery charges, and hardware devices like Alexa and Kindle. There is also its fast-growing, higher-margin Amazon Web Services (AWS) business that provides cloud computing services.\nIts presence is so dominant that Amazon completely changes an industry's dynamics when it decides to enter the fray. That's because it often provides cheap prices and fast delivery -- a compelling proposition. This happened when it pushed further into selling food and apparel, for instance. The company is also moving further into offering prescription drugs.\nWhile its long-term focus means Amazon is willing to forgo short-term profits, the company is hugely profitable. Its operating profit grew from 2016's $4.2 billion to $22.9 billion last year. In the first quarter, the company's profit more than doubled from $4 billion to $8.8 billion.\n2. Costco\nCostco Wholesale (NASDAQ:COST) has created quite a shopping experience. Known for its wide aisles, bulk items, and free samples, it has built a loyal and growing membership.\nCostco's simple formula is hard to replicate: It focuses on high-quality merchandise and services, and sells them at low unit prices. Costco's paid members have grown from 47.6 million in 2016 to 58.1 million last year (the fiscal year ends on June 30). Meanwhile, its retention rate has hovered around 90%.\nWith a focus on customer needs, it even has a generous return policy to help members have confidence in their purchases.\nManagement also keeps an eye on improving results. It has had positive same-store sales (comps) for many years, including a 9% increase last year after excluding the effects of gasoline price changes and foreign currency exchange translation. Operating income grew from $3.7 billion to $5.4 billion over the last five years.\nRecent results also provide encouragement that management continues to execute. Comps increased by 15.2% for the first three quarters of 2021, and operating income grew by more than 26% to $4.4 billion.\nWhile income investors can find higher yields than Costco's 0.8%, it does have a history of annually raising dividends. This includes increasing May's payment to $0.79 from the previous quarter's $0.70. But better still, the board of directors has declared large special dividends every few years. The most recent was a $10 payment last December.\n3. Walmart\nWalmart (NYSE:WMT) has built itself into the world's largest retailer, serving more than 240 million customers every week. The company, which opened its first discount store nearly six decades ago, squeezes costs and passes these savings on to the customer. This allows Walmart to offer the lowest prices on its goods, making it difficult for competitors to keep up.\nIt isn't sitting still, either. It is keeping pace with online competitors, namely Amazon, by investing in technology to provide a seamless omnichannel experience to its shoppers. This includes launching the subscription service Walmart+, which provides delivery, gasoline discounts, and faster checkout at its stores.\nLast year, its adjusted revenue rose by 7.7% to $564.2 billion, driving operating income 9.3% higher to $23.4 billion. In the first quarter, revenue growth was about 2%, and management expects a low-single-digit percentage increase for the year. Its guidance calls for flattish operating income.\nWhile this outlook undoubtedly disappointed some investors, I'm not concerned. Management has its eyes on the long-term picture, and it is investing in technology to better serve its customers and remain a dominant retailer.\nWalmart also offers a 1.6% yield, and it has also raised its quarterly dividend annually since initiating a payout in 1974. Already aDividend Aristocrat, it will become a Dividend King when the streak hits 50 years.\nWhile these are three different companies in various stages, each is a strong addition to your portfolio. Adding them will give you a high-growth stock, a steady grower that tends to pay large dividends every few years, and a dominant retailer that continues to grow and regularly increase payments to shareholders.\nThat's a winning combination that should make these core holdings a great addition to your portfolio.","news_type":1,"symbols_score_info":{"WMT":0.9,"AMZN":0.9,"COST":0.9}},"isVote":1,"tweetType":1,"viewCount":3951,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":182812666,"gmtCreate":1623562267355,"gmtModify":1634031640352,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"[惊讶]&nbsp;[惊讶]&nbsp;","listText":"[惊讶]&nbsp;[惊讶]&nbsp;","text":"[惊讶] [惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/182812666","repostId":"2143788705","repostType":4,"isVote":1,"tweetType":1,"viewCount":3451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":188723655,"gmtCreate":1623462698077,"gmtModify":1634032879512,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Where's the chart&nbsp;[疑问]&nbsp;","listText":"Where's the chart&nbsp;[疑问]&nbsp;","text":"Where's the chart [疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/188723655","repostId":"2142823202","repostType":4,"isVote":1,"tweetType":1,"viewCount":3178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":181698829,"gmtCreate":1623388262561,"gmtModify":1634033865315,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Using the same rule, AMZN need to be $4500+ this year","listText":"Using the same rule, AMZN need to be $4500+ this year","text":"Using the same rule, AMZN need to be $4500+ this year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/181698829","repostId":"2142524078","repostType":4,"isVote":1,"tweetType":1,"viewCount":1156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189739053,"gmtCreate":1623288042672,"gmtModify":1634034952014,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Will take a long while before the dust settles. In the meantime, will be volatile","listText":"Will take a long while before the dust settles. In the meantime, will be volatile","text":"Will take a long while before the dust settles. In the meantime, will be volatile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/189739053","repostId":"1114317619","repostType":4,"isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180673547,"gmtCreate":1623203718689,"gmtModify":1631884666615,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"China shows the way on what to expect when the western countries get their pandemic under control","listText":"China shows the way on what to expect when the western countries get their pandemic under control","text":"China shows the way on what to expect when the western countries get their pandemic under control","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/180673547","repostId":"2142296077","repostType":4,"isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117029674,"gmtCreate":1623110811098,"gmtModify":1634036914154,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Where's the chart&nbsp;[疑问]&nbsp;","listText":"Where's the chart&nbsp;[疑问]&nbsp;","text":"Where's the chart [疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117029674","repostId":"2141919256","repostType":4,"isVote":1,"tweetType":1,"viewCount":1663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":117065224,"gmtCreate":1623110694668,"gmtModify":1634036917723,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Tough to stop this addiction to free money&nbsp;[惊讶]&nbsp;","listText":"Tough to stop this addiction to free money&nbsp;[惊讶]&nbsp;","text":"Tough to stop this addiction to free money [惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117065224","repostId":"1113815269","repostType":4,"isVote":1,"tweetType":1,"viewCount":916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":115348255,"gmtCreate":1622954068677,"gmtModify":1634096612763,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Depends on the price","listText":"Depends on the price","text":"Depends on the price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/115348255","repostId":"2140540596","repostType":4,"isVote":1,"tweetType":1,"viewCount":827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112146698,"gmtCreate":1622857659414,"gmtModify":1634097333939,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"That was a great day to take some profits&nbsp;[财迷]&nbsp;","listText":"That was a great day to take some profits&nbsp;[财迷]&nbsp;","text":"That was a great day to take some profits [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/112146698","repostId":"1198786025","repostType":4,"isVote":1,"tweetType":1,"viewCount":846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":111688849,"gmtCreate":1622678901581,"gmtModify":1634099299257,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Looks like a good problem to have vs massive unemployment &amp; no demand / spending due to no money","listText":"Looks like a good problem to have vs massive unemployment &amp; no demand / spending due to no money","text":"Looks like a good problem to have vs massive unemployment & no demand / spending due to no money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/111688849","repostId":"2140443127","repostType":4,"isVote":1,"tweetType":1,"viewCount":1140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119046029,"gmtCreate":1622510484361,"gmtModify":1634100978496,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Was hoping for some relaxation of rules for those who'd been vaccinated like in US &amp; some countries&nbsp;[龇牙]&nbsp;","listText":"Was hoping for some relaxation of rules for those who'd been vaccinated like in US &amp; some countries&nbsp;[龇牙]&nbsp;","text":"Was hoping for some relaxation of rules for those who'd been vaccinated like in US & some countries [龇牙]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/119046029","repostId":"1197301052","repostType":4,"isVote":1,"tweetType":1,"viewCount":1081,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":110383249,"gmtCreate":1622425625281,"gmtModify":1631885078114,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Disney Paris will reopen in Jun. However, earning recovery will take longer as most parks are not allowed to operate at max capacity. Optimistically, perhaps only in Sep or Dec Quarter","listText":"Disney Paris will reopen in Jun. However, earning recovery will take longer as most parks are not allowed to operate at max capacity. Optimistically, perhaps only in Sep or Dec Quarter","text":"Disney Paris will reopen in Jun. However, earning recovery will take longer as most parks are not allowed to operate at max capacity. Optimistically, perhaps only in Sep or Dec Quarter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/110383249","repostId":"2139480673","repostType":4,"isVote":1,"tweetType":1,"viewCount":929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":105322705,"gmtCreate":1620272093107,"gmtModify":1631886378259,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/T39.SI\">$SINGAPORE PRESS HLDGS LTD(T39.SI)$</a>https://links.sgx.com/1.0.0/corporate-announcements/AYO9VPTD5YJANBTE/2d18acb8678a6fc7fe3b60ffebbff571ce07ffd2a734b5736d39f100d31b3524","listText":"<a href=\"https://laohu8.com/S/T39.SI\">$SINGAPORE PRESS HLDGS LTD(T39.SI)$</a>https://links.sgx.com/1.0.0/corporate-announcements/AYO9VPTD5YJANBTE/2d18acb8678a6fc7fe3b60ffebbff571ce07ffd2a734b5736d39f100d31b3524","text":"$SINGAPORE PRESS HLDGS LTD(T39.SI)$https://links.sgx.com/1.0.0/corporate-announcements/AYO9VPTD5YJANBTE/2d18acb8678a6fc7fe3b60ffebbff571ce07ffd2a734b5736d39f100d31b3524","images":[{"img":"https://static.tigerbbs.com/f30aeb0f8b726fe5ba4c7794f3fb0d27","width":"1020","height":"580"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":7,"repostSize":1,"link":"https://laohu8.com/post/105322705","isVote":1,"tweetType":1,"viewCount":991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},{"id":340772790,"gmtCreate":1617500304610,"gmtModify":1634520778136,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Slowly but surely, back to normalcy&nbsp;[强]&nbsp;","listText":"Slowly but surely, back to normalcy&nbsp;[强]&nbsp;","text":"Slowly but surely, back to normalcy [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/340772790","repostId":"1176602902","repostType":4,"repost":{"id":"1176602902","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":1617366683,"share":"https://www.laohu8.com/m/news/1176602902?lang=zh_CN&edition=full","pubTime":"2021-04-02 20:31","market":"us","language":"en","title":"U.S. added 916,000 jobs in March, above expectations<blockquote>美国3月新增就业91.6万个，高于预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176602902","media":"Tiger Newspress","summary":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic grow","content":"<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p><blockquote>（4月2日）美国劳工部周五报告称，由于强劲的经济增长和积极的疫苗接种工作推动企业加大招聘力度，3月份就业增长以去年夏天以来的最快速度增长。</blockquote></p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p><blockquote>当月非农就业人数增加91.6万人，失业率降至6%。</blockquote></p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p><blockquote>接受道琼斯调查的经济学家一直预计增加675,000人，失业率为6%。</blockquote></p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p><blockquote>该报告发布之际，一系列其他指标表明，随着美国试图摆脱Covid-19大流行的影响，经济增长将更加强劲。在经历了一年的产能减少后，全国各地的州和市继续重新开放。</blockquote></p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p><blockquote>尽管受到限制，该公司大部分地区的业务活动已恢复到接近正常水平，Jeffries的跟踪显示，业务活动为大流行前水平的93.5%。</blockquote></p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p><blockquote>Homebase的数据显示，过去一个月，员工的工作时间和工作时间都大幅增加，接待和娱乐方面都有显着改善。这些是受打击最严重的行业，但随着政府放松了一些最严厉的活动限制，过去两个月有所改善。</blockquote></p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p><blockquote>与此同时，制造业正在蓬勃发展，供应管理协会对该行业活动的衡量在3月份达到了1983年底以来的最高水平。</blockquote></p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p><blockquote>尽管美联储官员表示，任何加息都将是暂时的，但加息速度加上政府前所未有的刺激措施引发了人们对通胀的担忧。</blockquote></p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p><p><blockquote>美联储正在密切关注就业数据，但政策制定者一再表示，即使最近有所改善，劳动力市场也远未达到推动央行加息的程度。</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>U.S. added 916,000 jobs in March, above expectations<blockquote>美国3月新增就业91.6万个，高于预期</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. added 916,000 jobs in March, above expectations<blockquote>美国3月新增就业91.6万个，高于预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-02 20:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p><blockquote>（4月2日）美国劳工部周五报告称，由于强劲的经济增长和积极的疫苗接种工作推动企业加大招聘力度，3月份就业增长以去年夏天以来的最快速度增长。</blockquote></p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p><blockquote>当月非农就业人数增加91.6万人，失业率降至6%。</blockquote></p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p><blockquote>接受道琼斯调查的经济学家一直预计增加675,000人，失业率为6%。</blockquote></p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p><blockquote>该报告发布之际，一系列其他指标表明，随着美国试图摆脱Covid-19大流行的影响，经济增长将更加强劲。在经历了一年的产能减少后，全国各地的州和市继续重新开放。</blockquote></p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p><blockquote>尽管受到限制，该公司大部分地区的业务活动已恢复到接近正常水平，Jeffries的跟踪显示，业务活动为大流行前水平的93.5%。</blockquote></p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p><blockquote>Homebase的数据显示，过去一个月，员工的工作时间和工作时间都大幅增加，接待和娱乐方面都有显着改善。这些是受打击最严重的行业，但随着政府放松了一些最严厉的活动限制，过去两个月有所改善。</blockquote></p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p><blockquote>与此同时，制造业正在蓬勃发展，供应管理协会对该行业活动的衡量在3月份达到了1983年底以来的最高水平。</blockquote></p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p><blockquote>尽管美联储官员表示，任何加息都将是暂时的，但加息速度加上政府前所未有的刺激措施引发了人们对通胀的担忧。</blockquote></p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p><p><blockquote>美联储正在密切关注就业数据，但政策制定者一再表示，即使最近有所改善，劳动力市场也远未达到推动央行加息的程度。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176602902","content_text":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":136396338,"gmtCreate":1621993295824,"gmtModify":1634184895239,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Shopping at TaoBao will become less cheap&nbsp;[难过]&nbsp;","listText":"Shopping at TaoBao will become less cheap&nbsp;[难过]&nbsp;","text":"Shopping at TaoBao will become less cheap [难过]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/136396338","repostId":"1182975704","repostType":4,"repost":{"id":"1182975704","kind":"news","pubTimestamp":1621990601,"share":"https://www.laohu8.com/m/news/1182975704?lang=zh_CN&edition=full","pubTime":"2021-05-26 08:56","market":"fut","language":"en","title":"China’s Yuan Hits Strongest Level in Nearly Three Years<blockquote>人民币创近三年来最强水平</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1182975704","media":"The Wall Street Journal","summary":"The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.\n\nChina’s","content":"<p>  The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.  China’s yuan has strengthened to a near-three-year high, boosted by a falling dollar despite attempts by the central bank to keep the currency in check.</p><p><blockquote>该国从冠状病毒大流行中迅速复苏，提振了人民币。尽管中国央行试图控制人民币汇率，但在美元下跌的提振下，人民币已升值至近三年高点。</blockquote></p><p> The yuan has been buoyed in recent months by the country’s rapid recovery from the coronavirus pandemic, and by a rush of international investment into China’s relatively high-yielding markets. The currency has also gained amid abroader bout of dollar weakness.</p><p><blockquote>近几个月来，人民币从冠状病毒大流行中迅速复苏，以及国际投资涌入中国相对高收益市场，提振了人民币。在海外美元疲软的情况下，人民币也有所上涨。</blockquote></p><p> On Tuesday, the offshore yuan strengthened below 6.4 per dollar, as Chinese stocks jumped thanks partly to a surge in foreign buying.</p><p><blockquote>周二，离岸人民币兑美元汇率升至6.4以下，中国股市上涨，部分原因是外国买盘激增。</blockquote></p><p> Beijing would want to see slower yuan appreciationto support the economy, which is still fairly dependent on selling goods abroad, said Alvin Tan, head of Asia foreign-exchange strategy at RBC Capital Markets. While Chinese exports have surged since last year,a rallying yuan pressures exportersby making their goods more expensive when priced in dollars.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)亚洲外汇策略主管阿尔文·谭(Alvin Tan)表示，北京希望看到人民币升值放缓，以支持经济，因为经济仍然相当依赖向海外销售商品。尽管中国出口自去年以来激增，但人民币升值给出口商带来了压力，使以美元计价的商品变得更加昂贵。</blockquote></p><p> Mr. Tan said the People’s Bank of China had been “leaning against the strength” of the currency by setting weaker-than-expected reference rates for onshore yuan trading for the past month.</p><p><blockquote>谭先生表示，过去一个月，中国人民银行为在岸人民币交易设定的参考利率低于预期，一直在“支持人民币走强”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7ef4ee3cc184ea84391adcdbe43b304\" tg-width=\"321\" tg-height=\"428\">The central bank fixes a daily midpoint for the onshore yuan, and only allows trading up to 2 percentage points above or below this level. This is part of a so-called managed floating-exchange-rate system based on the yuan’s value against a basket of currencies.</p><p><blockquote>央行为在岸人民币设定每日中点，仅允许交易高于或低于该水平2个百分点。这是基于人民币对一篮子货币价值的所谓有管理的浮动汇率制度的一部分。</blockquote></p><p> The yuan is likely to stay between 6.4 and 6.5 to a dollar, while further appreciation could prompt stronger central bank action, said Paul Sandhu, head of multiasset quant solutions for Asia-Pacific at BNP Paribas Asset Management.</p><p><blockquote>法国巴黎银行资产管理公司（BNP Paribas Asset Management）亚太区多资产量化解决方案主管保罗·桑德胡（Paul Sandhu）表示，人民币兑美元汇率可能会保持在6.4至6.5之间，而进一步升值可能会促使央行采取更强有力的行动。</blockquote></p><p> “The government is quite happy with the range it is sitting at. If it breaks 6.4 and stays there for some time, they may move in to do something,” Mr. Sandhu said.</p><p><blockquote>“政府对目前的区间非常满意。如果它突破6.4并保持一段时间，他们可能会采取行动，”桑德胡先生说。</blockquote></p><p> On Tuesday in Hong Kong, the offshore yuan rallied about 0.2% to 6.3988 to the dollar, a level last hit in June 2018. The dollar weakened, with theICEU.S. Dollar Index declining nearly 0.3% to 89.61, its lowest since early January.</p><p><blockquote>周二在香港，离岸人民币兑美元汇率上涨约0.2%，至6.3988，上次触及2018年6月的水平。美元走软，美国。美元指数下跌近0.3%至89.61，为1月初以来的最低水平。</blockquote></p><p> China’s CSI 300 index, a gauge of the biggest shares listed in either Shanghai or Shenzhen, jumped 3.2%. Net foreign buying of mainland Chinese shares through Stock Connect, a trading link with Hong Kong, hit a record daily high of 21.7 billion yuan, or the equivalent of $3.4 billion.</p><p><blockquote>衡量上海或深圳上市最大股票的中国沪深300指数上涨3.2%。外资通过沪港通净买入中国内地股票创下217亿元人民币（相当于34亿美元）的历史新高。</blockquote></p><p> Tuesday’s yuan strength was also likely due in part to the coming month-end, before which exporters normally sell earnings in foreign currency to buy yuan, said Khoon Goh, head of Asia research atAustralia and New Zealand Banking GroupLtd.in Singapore.</p><p><blockquote>新加坡澳新银行亚洲研究主管Khoon Goh表示，周二人民币走强的部分原因也可能是即将到来的月底，在此之前，出口商通常会出售外币收益以购买人民币。</blockquote></p><p> The central bank is eager to promote the idea that the currency won’t be volatile, but that it also won’t be a one-way bet for investors. On Sunday, a senior central-bank official said the yuan will remain “basically stable.” Liu Guoqiang, a deputy governor, said fluctuations in either direction will become the norm, with the exchange rate depending on supply and demand, and changes in global financial markets.</p><p><blockquote>央行渴望宣传人民币不会波动的理念，但对投资者来说也不会是单向押注。周日，一位央行高级官员表示，人民币将保持“基本稳定”。副行长刘国强表示，任何一个方向的波动都将成为常态，汇率取决于供求关系以及全球金融市场的变化。</blockquote></p><p> Mr. Liu also said the current exchange-rate system was suitable for China. A researcher at the central bank recently called for China to stop controlling the rate to promote greater international use of the yuan. Another suggested the yuan should be allowed to rally, to offset rising prices for imported commodities.</p><p><blockquote>刘先生还表示，目前的汇率制度适合中国。央行的一位研究员最近呼吁中国停止控制人民币汇率，以促进人民币在国际上的更多使用。另一位建议允许人民币升值，以抵消进口商品价格的上涨。</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>China’s Yuan Hits Strongest Level in Nearly Three Years<blockquote>人民币创近三年来最强水平</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\">\nChina’s Yuan Hits Strongest Level in Nearly Three Years<blockquote>人民币创近三年来最强水平</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-05-26 08:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.  China’s yuan has strengthened to a near-three-year high, boosted by a falling dollar despite attempts by the central bank to keep the currency in check.</p><p><blockquote>该国从冠状病毒大流行中迅速复苏，提振了人民币。尽管中国央行试图控制人民币汇率，但在美元下跌的提振下，人民币已升值至近三年高点。</blockquote></p><p> The yuan has been buoyed in recent months by the country’s rapid recovery from the coronavirus pandemic, and by a rush of international investment into China’s relatively high-yielding markets. The currency has also gained amid abroader bout of dollar weakness.</p><p><blockquote>近几个月来，人民币从冠状病毒大流行中迅速复苏，以及国际投资涌入中国相对高收益市场，提振了人民币。在海外美元疲软的情况下，人民币也有所上涨。</blockquote></p><p> On Tuesday, the offshore yuan strengthened below 6.4 per dollar, as Chinese stocks jumped thanks partly to a surge in foreign buying.</p><p><blockquote>周二，离岸人民币兑美元汇率升至6.4以下，中国股市上涨，部分原因是外国买盘激增。</blockquote></p><p> Beijing would want to see slower yuan appreciationto support the economy, which is still fairly dependent on selling goods abroad, said Alvin Tan, head of Asia foreign-exchange strategy at RBC Capital Markets. While Chinese exports have surged since last year,a rallying yuan pressures exportersby making their goods more expensive when priced in dollars.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)亚洲外汇策略主管阿尔文·谭(Alvin Tan)表示，北京希望看到人民币升值放缓，以支持经济，因为经济仍然相当依赖向海外销售商品。尽管中国出口自去年以来激增，但人民币升值给出口商带来了压力，使以美元计价的商品变得更加昂贵。</blockquote></p><p> Mr. Tan said the People’s Bank of China had been “leaning against the strength” of the currency by setting weaker-than-expected reference rates for onshore yuan trading for the past month.</p><p><blockquote>谭先生表示，过去一个月，中国人民银行为在岸人民币交易设定的参考利率低于预期，一直在“支持人民币走强”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7ef4ee3cc184ea84391adcdbe43b304\" tg-width=\"321\" tg-height=\"428\">The central bank fixes a daily midpoint for the onshore yuan, and only allows trading up to 2 percentage points above or below this level. This is part of a so-called managed floating-exchange-rate system based on the yuan’s value against a basket of currencies.</p><p><blockquote>央行为在岸人民币设定每日中点，仅允许交易高于或低于该水平2个百分点。这是基于人民币对一篮子货币价值的所谓有管理的浮动汇率制度的一部分。</blockquote></p><p> The yuan is likely to stay between 6.4 and 6.5 to a dollar, while further appreciation could prompt stronger central bank action, said Paul Sandhu, head of multiasset quant solutions for Asia-Pacific at BNP Paribas Asset Management.</p><p><blockquote>法国巴黎银行资产管理公司（BNP Paribas Asset Management）亚太区多资产量化解决方案主管保罗·桑德胡（Paul Sandhu）表示，人民币兑美元汇率可能会保持在6.4至6.5之间，而进一步升值可能会促使央行采取更强有力的行动。</blockquote></p><p> “The government is quite happy with the range it is sitting at. If it breaks 6.4 and stays there for some time, they may move in to do something,” Mr. Sandhu said.</p><p><blockquote>“政府对目前的区间非常满意。如果它突破6.4并保持一段时间，他们可能会采取行动，”桑德胡先生说。</blockquote></p><p> On Tuesday in Hong Kong, the offshore yuan rallied about 0.2% to 6.3988 to the dollar, a level last hit in June 2018. The dollar weakened, with theICEU.S. Dollar Index declining nearly 0.3% to 89.61, its lowest since early January.</p><p><blockquote>周二在香港，离岸人民币兑美元汇率上涨约0.2%，至6.3988，上次触及2018年6月的水平。美元走软，美国。美元指数下跌近0.3%至89.61，为1月初以来的最低水平。</blockquote></p><p> China’s CSI 300 index, a gauge of the biggest shares listed in either Shanghai or Shenzhen, jumped 3.2%. Net foreign buying of mainland Chinese shares through Stock Connect, a trading link with Hong Kong, hit a record daily high of 21.7 billion yuan, or the equivalent of $3.4 billion.</p><p><blockquote>衡量上海或深圳上市最大股票的中国沪深300指数上涨3.2%。外资通过沪港通净买入中国内地股票创下217亿元人民币（相当于34亿美元）的历史新高。</blockquote></p><p> Tuesday’s yuan strength was also likely due in part to the coming month-end, before which exporters normally sell earnings in foreign currency to buy yuan, said Khoon Goh, head of Asia research atAustralia and New Zealand Banking GroupLtd.in Singapore.</p><p><blockquote>新加坡澳新银行亚洲研究主管Khoon Goh表示，周二人民币走强的部分原因也可能是即将到来的月底，在此之前，出口商通常会出售外币收益以购买人民币。</blockquote></p><p> The central bank is eager to promote the idea that the currency won’t be volatile, but that it also won’t be a one-way bet for investors. On Sunday, a senior central-bank official said the yuan will remain “basically stable.” Liu Guoqiang, a deputy governor, said fluctuations in either direction will become the norm, with the exchange rate depending on supply and demand, and changes in global financial markets.</p><p><blockquote>央行渴望宣传人民币不会波动的理念，但对投资者来说也不会是单向押注。周日，一位央行高级官员表示，人民币将保持“基本稳定”。副行长刘国强表示，任何一个方向的波动都将成为常态，汇率取决于供求关系以及全球金融市场的变化。</blockquote></p><p> Mr. Liu also said the current exchange-rate system was suitable for China. A researcher at the central bank recently called for China to stop controlling the rate to promote greater international use of the yuan. Another suggested the yuan should be allowed to rally, to offset rising prices for imported commodities.</p><p><blockquote>刘先生还表示，目前的汇率制度适合中国。央行的一位研究员最近呼吁中国停止控制人民币汇率，以促进人民币在国际上的更多使用。另一位建议允许人民币升值，以抵消进口商品价格的上涨。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/chinas-yuan-hits-strongest-level-in-nearly-three-years-11621950836?cx_testId=200&cx_testVariant=cx_10&cx_artPos=1#cxrecs_s\">The Wall Street Journal</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":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"https://www.wsj.com/articles/chinas-yuan-hits-strongest-level-in-nearly-three-years-11621950836?cx_testId=200&cx_testVariant=cx_10&cx_artPos=1#cxrecs_s","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182975704","content_text":"The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.\n\nChina’s yuan has strengthened to a near-three-year high, boosted by a falling dollar despite attempts by the central bank to keep the currency in check.\nThe yuan has been buoyed in recent months by the country’s rapid recovery from the coronavirus pandemic, and by a rush of international investment into China’s relatively high-yielding markets. The currency has also gained amid abroader bout of dollar weakness.\nOn Tuesday, the offshore yuan strengthened below 6.4 per dollar, as Chinese stocks jumped thanks partly to a surge in foreign buying.\nBeijing would want to see slower yuan appreciationto support the economy, which is still fairly dependent on selling goods abroad, said Alvin Tan, head of Asia foreign-exchange strategy at RBC Capital Markets. While Chinese exports have surged since last year,a rallying yuan pressures exportersby making their goods more expensive when priced in dollars.\nMr. Tan said the People’s Bank of China had been “leaning against the strength” of the currency by setting weaker-than-expected reference rates for onshore yuan trading for the past month.\nThe central bank fixes a daily midpoint for the onshore yuan, and only allows trading up to 2 percentage points above or below this level. This is part of a so-called managed floating-exchange-rate system based on the yuan’s value against a basket of currencies.\nThe yuan is likely to stay between 6.4 and 6.5 to a dollar, while further appreciation could prompt stronger central bank action, said Paul Sandhu, head of multiasset quant solutions for Asia-Pacific at BNP Paribas Asset Management.\n“The government is quite happy with the range it is sitting at. If it breaks 6.4 and stays there for some time, they may move in to do something,” Mr. Sandhu said.\nOn Tuesday in Hong Kong, the offshore yuan rallied about 0.2% to 6.3988 to the dollar, a level last hit in June 2018. The dollar weakened, with theICEU.S. Dollar Index declining nearly 0.3% to 89.61, its lowest since early January.\nChina’s CSI 300 index, a gauge of the biggest shares listed in either Shanghai or Shenzhen, jumped 3.2%. Net foreign buying of mainland Chinese shares through Stock Connect, a trading link with Hong Kong, hit a record daily high of 21.7 billion yuan, or the equivalent of $3.4 billion.\nTuesday’s yuan strength was also likely due in part to the coming month-end, before which exporters normally sell earnings in foreign currency to buy yuan, said Khoon Goh, head of Asia research atAustralia and New Zealand Banking GroupLtd.in Singapore.\nThe central bank is eager to promote the idea that the currency won’t be volatile, but that it also won’t be a one-way bet for investors. On Sunday, a senior central-bank official said the yuan will remain “basically stable.” Liu Guoqiang, a deputy governor, said fluctuations in either direction will become the norm, with the exchange rate depending on supply and demand, and changes in global financial markets.\nMr. Liu also said the current exchange-rate system was suitable for China. A researcher at the central bank recently called for China to stop controlling the rate to promote greater international use of the yuan. Another suggested the yuan should be allowed to rally, to offset rising prices for imported commodities.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":104140362,"gmtCreate":1620367212656,"gmtModify":1631886378183,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/T39.SI\">$SINGAPORE PRESS HLDGS LTD(T39.SI)$</a>OBSERVATIONS&nbsp;•SPH becomes a mostly Property co after removing Media biz&nbsp;•Besides&nbsp;their stake in SPHREIT, they have assets in Nursing Homes, Student Hostels in UK &amp; M1 stake&nbsp;• For a quick projection using&nbsp;SPHREIT DPU trend as reference,Assuming SPH 2H Div also increase to 3ct (Total 3+3ct),Yield = 4% @ $1.50 (Current Yield 2.67% @ Div = 1+3 ct)NAV (after removing Media biz) = $2.08 ie ~25% discountCOMMENTS&nbsp;• Yield is NOT attractive vs REITs&nbsp;• Good discount to NAV but likely the norm for Property Co","listText":"<a href=\"https://laohu8.com/S/T39.SI\">$SINGAPORE PRESS HLDGS LTD(T39.SI)$</a>OBSERVATIONS&nbsp;•SPH becomes a mostly Property co after removing Media biz&nbsp;•Besides&nbsp;their stake in SPHREIT, they have assets in Nursing Homes, Student Hostels in UK &amp; M1 stake&nbsp;• For a quick projection using&nbsp;SPHREIT DPU trend as reference,Assuming SPH 2H Div also increase to 3ct (Total 3+3ct),Yield = 4% @ $1.50 (Current Yield 2.67% @ Div = 1+3 ct)NAV (after removing Media biz) = $2.08 ie ~25% discountCOMMENTS&nbsp;• Yield is NOT attractive vs REITs&nbsp;• Good discount to NAV but likely the norm for Property Co","text":"$SINGAPORE PRESS HLDGS LTD(T39.SI)$OBSERVATIONS •SPH becomes a mostly Property co after removing Media biz •Besides their stake in SPHREIT, they have assets in Nursing Homes, Student Hostels in UK & M1 stake • For a quick projection using SPHREIT DPU trend as reference,Assuming SPH 2H Div also increase to 3ct (Total 3+3ct),Yield = 4% @ $1.50 (Current Yield 2.67% @ Div = 1+3 ct)NAV (after removing Media biz) = $2.08 ie ~25% discountCOMMENTS • Yield is NOT attractive vs REITs • Good discount to NAV but likely the norm for Property Co","images":[{"img":"https://static.tigerbbs.com/9041d20292a884dc4b4551aea779a5ff","width":"784","height":"645"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/104140362","isVote":1,"tweetType":1,"viewCount":1290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344907400,"gmtCreate":1618364532000,"gmtModify":1634293456612,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"They can also half again &amp; again &amp; again...&nbsp;[疑问]&nbsp;","listText":"They can also half again &amp; again &amp; again...&nbsp;[疑问]&nbsp;","text":"They can also half again & again & again... [疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/344907400","repostId":"2127012213","repostType":4,"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":344906470,"gmtCreate":1618364347790,"gmtModify":1634293459646,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"Using '% off year hi' is a&nbsp;risky&nbsp;selection criteria. Using&nbsp;the PE as a first screening criteria&nbsp;may be a better approach, followed by more detailed research","listText":"Using '% off year hi' is a&nbsp;risky&nbsp;selection criteria. Using&nbsp;the PE as a first screening criteria&nbsp;may be a better approach, followed by more detailed research","text":"Using '% off year hi' is a risky selection criteria. Using the PE as a first screening criteria may be a better approach, followed by more detailed research","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/344906470","repostId":"1106080522","repostType":4,"repost":{"id":"1106080522","kind":"news","pubTimestamp":1618363477,"share":"https://www.laohu8.com/m/news/1106080522?lang=zh_CN&edition=full","pubTime":"2021-04-14 09:24","market":"us","language":"en","title":"The 24 Most-Hated Stocks in the S&P 500, and Why You Should Love Them<blockquote>标普500中最讨厌的24只股票，以及为什么你应该喜欢它们</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106080522","media":"Barrons","summary":"Investing in the best-loved stocks can be a good idea. But investors should also know what stocks an","content":"<p>Investing in the best-loved stocks can be a good idea. But investors should also know what stocks analysts are shunning.</p><p><blockquote>投资最受欢迎的股票可能是个好主意。但投资者也应该知道分析师回避哪些股票。</blockquote></p><p> While simply avoiding those companies is one sound strategy, it can also make sense to dig through the reject bin. Sometimes the only direction to go from the bottom is up. The most hated stocks can only get less hated over time, a fact that on its own can be enough for above-average stock gains.</p><p><blockquote>虽然简单地避开这些公司是一个合理的策略，但挖掘拒绝箱也是有意义的。有时候从底部走的唯一方向就是向上。随着时间的推移，最令人讨厌的股票只会变得不那么令人讨厌，这一事实本身就足以带来高于平均水平的股票收益。</blockquote></p><p> Wall Streetratingsare always a helpful guide for investors—the pros as well as amateur stock pickers. Analysts covering companies at brokerage firms are, after all, paid to follow industry trends, compare companies, and value stocks.</p><p><blockquote>华尔街评级始终是投资者（无论是专业人士还是业余选股者）的有用指南。毕竟，经纪公司研究公司的分析师的报酬是跟踪行业趋势、比较公司和评估股票。</blockquote></p><p> Over the past year, analysts’ favorite 10% ofS&amp;P 500stocks are up almost 70% on average. The bottom 10%, on the other hand, is up closer to 50%. Favorites have outperformed by about 20 percentage points. The overall S&amp;P index, meanwhile, is up about 48%.</p><p><blockquote>过去一年，分析师最喜欢的10%的标准普尔500指数股票平均上涨了近70%。另一方面，底层10%的人接近50%。最受欢迎的股票表现优于约20个百分点。与此同时，标准普尔指数整体上涨了约48%。</blockquote></p><p> It might seem odd that the average gain for a hated stock in the S&amp;P 500 is 2 percentage points better than what the index achieved over the past year. The reason is that the S&amp;P 500 is weighted according to market capitalization, so moves in bigger companies’ stocks have more impact on the overall benchmark. Not adjusting for market capitalization, the average gain for an S&amp;P 500 stock is about 63%.</p><p><blockquote>标普500中一只令人讨厌的股票的平均涨幅比该指数过去一年的涨幅高出2个百分点，这似乎很奇怪。原因是标普500是根据市值加权的，因此大公司股票的走势对整体基准的影响更大。不按市值调整，标普500股票的平均涨幅约为63%。</blockquote></p><p> That fits with the common-sense view that avoiding the dregs is a good idea. But this past year was difficult. During the first several months of the pandemic, it paid to invest in large, high-quality stocks. It will surprise no one to learn that Microsoft (ticker: MSFT), Google parentAlphabet(GOOGL), Amazon.com (AMZN) and Apple (AAPL) are all well liked by the Street.</p><p><blockquote>这符合常识性的观点，即避免渣滓是个好主意。但是过去的一年是艰难的。在疫情的头几个月，投资大型优质股票是值得的。当得知微软（股票代码：MSFT）、谷歌母公司Alphabet（GOOGL）、亚马逊（AMZN）和苹果（AAPL）都深受华尔街的喜爱时，没有人会感到惊讶。</blockquote></p><p> Now, thetide is turningand the economy is growing again. That could be a signal to look at stocks that have had a harder time.</p><p><blockquote>现在，潮流正在转变，经济再次增长。这可能是一个信号，让我们关注那些经历过更艰难时期的股票。</blockquote></p><p> <i>Barron’s</i>&nbsp;came up with a list of the least-liked stocks on the Street by weighting the Buy, Hold, and Sell calls on each company to arrive at a single number summarizing overall sentiment. We took the percentage of ratings for a stock that are Buys, subtracted the share that are Sells, and then added the percentage at Hold, counting each as one-fourth of a Buy to reflect the fact that most analysts expect Hold-rated stocks to keep pace with their peers.</p><p><blockquote><i>巴伦周刊</i>通过对每家公司的买入、持有和卖出评级进行加权，得出一份华尔街最不受欢迎的股票名单，以得出一个总结整体情绪的数字。我们取股票评级为买入的百分比，减去卖出的百分比，然后加上持有的百分比，将每个百分比算作买入的四分之一，以反映大多数分析师预计持有评级的股票的事实与同行保持同步。</blockquote></p><p> In the S&amp;P 500, about 56% of ratings are Buys. 36% are Holds and 7% are Sells. The numbers don’t total 100 due to rounding.</p><p><blockquote>在标普500，约56%的评级为买入。36%为持有，7%为卖出。由于四舍五入，这些数字加起来不是100。</blockquote></p><p> Taking all that into consideration, the 24 lowest-rated S&amp;P stocks—the ones analysts tell their clients to avoid—are as follows: American Airlines Group (AAL), Lumen Technologies (LUMN), Consolidated Edison (ED),Franklin Resources(BEN).Brown-Forman(BF. B), Mettler-Toledo International (MTD), Expeditors International of Washington (EXPD),Waters(WAT), Hormel Foods (HRL),McCormick(MKC), ViacomCBS (VIAC), Unum Group (UNM), Comerica (CMA) Under Armour (UAA), J.M. Smucker (SJM), Western Union (WU), Robert Half International (RHI),Discovery(DISCA), Varian Medical Systems (VAR), Invesco (IVZ), Walgreens Boots Alliance (WBA), Cincinnati Financial (CINF), Genuine Parts (GPC) and WEC Energy Group (WEC).</p><p><blockquote>考虑到所有这些因素，标准普尔评级最低的24只股票（分析师告诉客户要避开的股票）如下：美国航空集团(AAL)、Lumen Technologies(LUMN)、联合爱迪生(ED)、富兰克林资源(BEN)。布朗-福尔曼(BF.B)、梅特勒-托利多国际公司(MTD)、华盛顿Expeditors International of Washington(EXPD)、沃特世(WAT)、荷美尔食品(HRL)、味好美(MKC)、维亚康姆哥伦比亚广播公司(VIAC)、Unum Group(UNM)、联信(CMA)Under Armour(UAA)、J.M.Smucker(SJM)、西联汇款(WU)、Robert Half International(RHI)、Discovery(DISCA)、Varian Medical Systems(VAR)、Invesco(IVZ)、Walgreens Boots Alliance(WBA)、Cincinnati Financial(CINF)、Genuine Parts(GPC)和WEC能源集团(WEC)。</blockquote></p><p> The Dirty Two DozenThe 24 lowest-rated stocks in the S&amp;P 500, calculated using a weighted score for Buy, Sell, and Hold ratings.</p><p><blockquote>肮脏的两打标普500中评级最低的24只股票，使用买入、卖出和持有评级的加权分数计算。</blockquote></p><p></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Analyst Rating Score*</th>    <th>2021E P/E</th>    <th>Percentage Off All-Time High</th>    <th>% YTD</th>   </tr>  </thead>  <tbody>   <tr>    <td>American Airlines / AAL</td>    <td>-0.7</td>    <td>N/A</td>    <td>-60.2</td>    <td>88</td>   </tr>   <tr>    <td>Lumen Technologies / LUMN</td>    <td>-0.5</td>    <td>8.2</td>    <td>-74.3</td>    <td>32</td>   </tr>   <tr>    <td>Consolidated Edison / ED</td>    <td>-0.5</td>    <td>17.7</td>    <td>-21.0</td>    <td>-11</td>   </tr>   <tr>    <td>Franklin Resources / BEN</td>    <td>-0.4</td>    <td>10.3</td>    <td>-48.4</td>    <td>91</td>   </tr>   <tr>    <td>Brown-Forman / BF.B</td>    <td>-0.3</td>    <td>41.0</td>    <td>-14.9</td>    <td>14</td>   </tr>   <tr>    <td>Mettler-Toledo / MTD</td>    <td>-0.3</td>    <td>41.1</td>    <td>-3.9</td>    <td>68</td>   </tr>   <tr>    <td>Expeditors Int’l of Washington / EXPD</td>    <td>-0.3</td>    <td>25.7</td>    <td>-1.5</td>    <td>54</td>   </tr>   <tr>    <td>Waters / WAT</td>    <td>-0.2</td>    <td>31.9</td>    <td>0.0</td>    <td>57</td>   </tr>   <tr>    <td>Hormel Foods / HRL</td>    <td>-0.1</td>    <td>26.5</td>    <td>-12.5</td>    <td>-1</td>   </tr>   <tr>    <td>McCormick / MKC</td>    <td>-0.1</td>    <td>29.7</td>    <td>-16.5</td>    <td>16</td>   </tr>   <tr>    <td>ViacomCBS / VIAC</td>    <td>0.0</td>    <td>10.3</td>    <td>-58.9</td>    <td>160</td>   </tr>   <tr>    <td>Unum / UNM</td>    <td>0.0</td>    <td>5.8</td>    <td>-55.8</td>    <td>89</td>   </tr>   <tr>    <td>Comerica / CMA</td>    <td>0.0</td>    <td>13.4</td>    <td>-30.4</td>    <td>118</td>   </tr>   <tr>    <td>Under Armour / UAA</td>    <td>0.0</td>    <td>142.1</td>    <td>-58.5</td>    <td>105</td>   </tr>   <tr>    <td>J.M. Smucker / SJM</td>    <td>0.1</td>    <td>14.4</td>    <td>-18.5</td>    <td>17</td>   </tr>   <tr>    <td>Western Union / WU</td>    <td>0.1</td>    <td>12.3</td>    <td>-12.0</td>    <td>30</td>   </tr>   <tr>    <td>Robert Half / RHI</td>    <td>0.1</td>    <td>24.2</td>    <td>-2.6</td>    <td>92</td>   </tr>   <tr>    <td>Discover / DISCA</td>    <td>0.1</td>    <td>14.6</td>    <td>-46.3</td>    <td>88</td>   </tr>   <tr>    <td>Varian Medical Systems / VAR</td>    <td>0.1</td>    <td>33.8</td>    <td>-0.1</td>    <td>57</td>   </tr>   <tr>    <td>Invesco / IVZ</td>    <td>0.1</td>    <td>10.2</td>    <td>-57.0</td>    <td>181</td>   </tr>   <tr>    <td>Walgreens Boots Alliance / WBA</td>    <td>0.2</td>    <td>11.2</td>    <td>-44.3</td>    <td>29</td>   </tr>   <tr>    <td>Cincinnati Financial / CINF</td>    <td>0.2</td>    <td>25.8</td>    <td>-11.1</td>    <td>30</td>   </tr>   <tr>    <td>Genuine Parts / GPC</td>    <td>0.2</td>    <td>20.4</td>    <td>-1.6</td>    <td>68</td>   </tr>   <tr>    <td>WEC Energy / WEC</td>    <td>0.2</td>    <td>23.0</td>    <td>-15.7</td>    <td>-3</td>   </tr>   <tr>    <td>Dirty Dozen's average</td>    <td>-0.1</td>    <td>25.8</td>    <td>-27.7</td>    <td>61.2</td>   </tr>   <tr>    <td>S&amp;P 500 average</td>    <td>1.1</td>    <td>23</td>    <td>0.1</td>    <td>10</td>   </tr>  </tbody> </table> *Lower scores have more sell ratings.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>分析师评级分数*</th><th>2021年预计市盈率</th><th>创历史新高的百分比</th><th>年初至今%</th></tr></thead><tbody><tr><td>美国航空/AAL</td><td>-0.7</td><td>N/A</td><td>-60.2</td><td>88</td></tr><tr><td>流明技术/LUMN</td><td>-0.5</td><td>8.2</td><td>-74.3</td><td>32</td></tr><tr><td>联合爱迪生/ED</td><td>-0.5</td><td>17.7</td><td>-21.0</td><td>-11</td></tr><tr><td>富兰克林资源/BEN</td><td>-0.4</td><td>10.3</td><td>-48.4</td><td>91</td></tr><tr><td>布朗-福尔曼/BF.B</td><td>-0.3</td><td>41.0</td><td>-14.9</td><td>14</td></tr><tr><td>梅特勒-托利多/MTD</td><td>-0.3</td><td>41.1</td><td>-3.9</td><td>68</td></tr><tr><td>华盛顿国际快递公司/EXPD</td><td>-0.3</td><td>25.7</td><td>-1.5</td><td>54</td></tr><tr><td>水域/WAT</td><td>-0.2</td><td>31.9</td><td>0.0</td><td>57</td></tr><tr><td>荷美尔食品/HRL</td><td>-0.1</td><td>26.5</td><td>-12.5</td><td>-1</td></tr><tr><td>麦考密克/MKC</td><td>-0.1</td><td>29.7</td><td>-16.5</td><td>16</td></tr><tr><td>维亚康姆CBS/VIAC</td><td>0.0</td><td>10.3</td><td>-58.9</td><td>160</td></tr><tr><td>Unum/UNM</td><td>0.0</td><td>5.8</td><td>-55.8</td><td>89</td></tr><tr><td>联信/CMA</td><td>0.0</td><td>13.4</td><td>-30.4</td><td>118</td></tr><tr><td>安德玛/UAA</td><td>0.0</td><td>142.1</td><td>-58.5</td><td>105</td></tr><tr><td>J.M.Smucker/澳博</td><td>0.1</td><td>14.4</td><td>-18.5</td><td>17</td></tr><tr><td>西联汇款/吴</td><td>0.1</td><td>12.3</td><td>-12.0</td><td>30</td></tr><tr><td>罗伯特·哈尔夫/RHI</td><td>0.1</td><td>24.2</td><td>-2.6</td><td>92</td></tr><tr><td>发现/磁盘</td><td>0.1</td><td>14.6</td><td>-46.3</td><td>88</td></tr><tr><td>瓦里安医疗系统/VAR</td><td>0.1</td><td>33.8</td><td>-0.1</td><td>57</td></tr><tr><td>景顺/IVZ</td><td>0.1</td><td>10.2</td><td>-57.0</td><td>181</td></tr><tr><td>沃尔格林博姿联盟/WBA</td><td>0.2</td><td>11.2</td><td>-44.3</td><td>29</td></tr><tr><td>辛辛那提金融/CINF</td><td>0.2</td><td>25.8</td><td>-11.1</td><td>30</td></tr><tr><td>原厂零件/GPC</td><td>0.2</td><td>20.4</td><td>-1.6</td><td>68</td></tr><tr><td>WEC能源/WEC</td><td>0.2</td><td>23.0</td><td>-15.7</td><td>-3</td></tr><tr><td>十二金刚的平均水平</td><td>-0.1</td><td>25.8</td><td>-27.7</td><td>61.2</td></tr><tr><td>标普500平均值</td><td>1.1</td><td>23</td><td>0.1</td><td>10</td></tr></tbody></table>*分数越低，卖出评级越高。</blockquote></p><p> Sources: Bloomberg; Barron's calculations</p><p><blockquote>资料来源：彭博；巴伦周刊的计算</blockquote></p><p> It’s an eclectic list. Some stocks, such as American Airlines, are there because of huge, pandemic-induced losses. Others simply look expensive. Mettler, for instance, trades at 41 times the per-share earnings expected for 2021.</p><p><blockquote>这是一个折衷的列表。一些股票，例如美国航空公司，是因为大流行造成的巨大损失而出现的。其他的只是看起来很贵。例如，梅特勒的股价是2021年预期每股收益的41倍。</blockquote></p><p> Others firms face potentially damaging long-term changes in their industries. Franklin Resources, for instance, is an asset manager dealing with the shift from actively managed funds to index funds with lower fees. And some companies just don’t seem to have much room for growth. McCormick sells spices, and the chances that demand will rocket higher unexpectedly appear slim.</p><p><blockquote>其他公司面临着行业潜在的破坏性长期变化。例如，富兰克林资源公司是一家资产管理公司，致力于从主动管理基金向费用较低的指数基金的转变。而有些公司似乎并没有太大的增长空间。味好美销售香料，需求意外飙升的可能性似乎很小。</blockquote></p><p> Not every one of the hated names will pass muster for investors. But the hated stocks have one thing going for them: They are cheaper. Although not every one of the two dozen is making money, the shares trade for an average of about 20 times estimated 2021 earnings, while the market is at closer to 24 times.</p><p><blockquote>并非每一个令人讨厌的名字都能符合投资者的要求。但令人讨厌的股票有一个优点：它们更便宜。尽管并非这两打股票中的每一只都在赚钱，但这些股票的平均交易价格约为2021年预期市盈率的20倍，而市场价格接近24倍。</blockquote></p><p> Another plus is that unlike the S&amp;P 500, the rejects aren’t trading near their record highs, a factor that points at the potential for a rebound. The two dozen are down by an average of roughly 25% from their all-time highs.</p><p><blockquote>另一个好处是，与标普500不同，拒绝者的交易价格并未接近历史高点，这一因素表明了反弹的潜力。这两打平均比历史高点下降了约25%。</blockquote></p><p> The bottom line, then, is that bargains may be hiding in the trash heap. But as is the case with any stock screen, investors will have to dig deeper to find out which.</p><p><blockquote>那么，底线是便宜货可能藏在垃圾堆里。但与任何股票筛选的情况一样，投资者必须深入挖掘才能找出是哪一个。</blockquote></p><p> Go to it, contrarians.</p><p><blockquote>去吧，逆向投资者。</blockquote></p><p></p>","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 24 Most-Hated Stocks in the S&P 500, and Why You Should Love Them<blockquote>标普500中最讨厌的24只股票，以及为什么你应该喜欢它们</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 24 Most-Hated Stocks in the S&P 500, and Why You Should Love Them<blockquote>标普500中最讨厌的24只股票，以及为什么你应该喜欢它们</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-04-14 09:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Investing in the best-loved stocks can be a good idea. But investors should also know what stocks analysts are shunning.</p><p><blockquote>投资最受欢迎的股票可能是个好主意。但投资者也应该知道分析师回避哪些股票。</blockquote></p><p> While simply avoiding those companies is one sound strategy, it can also make sense to dig through the reject bin. Sometimes the only direction to go from the bottom is up. The most hated stocks can only get less hated over time, a fact that on its own can be enough for above-average stock gains.</p><p><blockquote>虽然简单地避开这些公司是一个合理的策略，但挖掘拒绝箱也是有意义的。有时候从底部走的唯一方向就是向上。随着时间的推移，最令人讨厌的股票只会变得不那么令人讨厌，这一事实本身就足以带来高于平均水平的股票收益。</blockquote></p><p> Wall Streetratingsare always a helpful guide for investors—the pros as well as amateur stock pickers. Analysts covering companies at brokerage firms are, after all, paid to follow industry trends, compare companies, and value stocks.</p><p><blockquote>华尔街评级始终是投资者（无论是专业人士还是业余选股者）的有用指南。毕竟，经纪公司研究公司的分析师的报酬是跟踪行业趋势、比较公司和评估股票。</blockquote></p><p> Over the past year, analysts’ favorite 10% ofS&amp;P 500stocks are up almost 70% on average. The bottom 10%, on the other hand, is up closer to 50%. Favorites have outperformed by about 20 percentage points. The overall S&amp;P index, meanwhile, is up about 48%.</p><p><blockquote>过去一年，分析师最喜欢的10%的标准普尔500指数股票平均上涨了近70%。另一方面，底层10%的人接近50%。最受欢迎的股票表现优于约20个百分点。与此同时，标准普尔指数整体上涨了约48%。</blockquote></p><p> It might seem odd that the average gain for a hated stock in the S&amp;P 500 is 2 percentage points better than what the index achieved over the past year. The reason is that the S&amp;P 500 is weighted according to market capitalization, so moves in bigger companies’ stocks have more impact on the overall benchmark. Not adjusting for market capitalization, the average gain for an S&amp;P 500 stock is about 63%.</p><p><blockquote>标普500中一只令人讨厌的股票的平均涨幅比该指数过去一年的涨幅高出2个百分点，这似乎很奇怪。原因是标普500是根据市值加权的，因此大公司股票的走势对整体基准的影响更大。不按市值调整，标普500股票的平均涨幅约为63%。</blockquote></p><p> That fits with the common-sense view that avoiding the dregs is a good idea. But this past year was difficult. During the first several months of the pandemic, it paid to invest in large, high-quality stocks. It will surprise no one to learn that Microsoft (ticker: MSFT), Google parentAlphabet(GOOGL), Amazon.com (AMZN) and Apple (AAPL) are all well liked by the Street.</p><p><blockquote>这符合常识性的观点，即避免渣滓是个好主意。但是过去的一年是艰难的。在疫情的头几个月，投资大型优质股票是值得的。当得知微软（股票代码：MSFT）、谷歌母公司Alphabet（GOOGL）、亚马逊（AMZN）和苹果（AAPL）都深受华尔街的喜爱时，没有人会感到惊讶。</blockquote></p><p> Now, thetide is turningand the economy is growing again. That could be a signal to look at stocks that have had a harder time.</p><p><blockquote>现在，潮流正在转变，经济再次增长。这可能是一个信号，让我们关注那些经历过更艰难时期的股票。</blockquote></p><p> <i>Barron’s</i>&nbsp;came up with a list of the least-liked stocks on the Street by weighting the Buy, Hold, and Sell calls on each company to arrive at a single number summarizing overall sentiment. We took the percentage of ratings for a stock that are Buys, subtracted the share that are Sells, and then added the percentage at Hold, counting each as one-fourth of a Buy to reflect the fact that most analysts expect Hold-rated stocks to keep pace with their peers.</p><p><blockquote><i>巴伦周刊</i>通过对每家公司的买入、持有和卖出评级进行加权，得出一份华尔街最不受欢迎的股票名单，以得出一个总结整体情绪的数字。我们取股票评级为买入的百分比，减去卖出的百分比，然后加上持有的百分比，将每个百分比算作买入的四分之一，以反映大多数分析师预计持有评级的股票的事实与同行保持同步。</blockquote></p><p> In the S&amp;P 500, about 56% of ratings are Buys. 36% are Holds and 7% are Sells. The numbers don’t total 100 due to rounding.</p><p><blockquote>在标普500，约56%的评级为买入。36%为持有，7%为卖出。由于四舍五入，这些数字加起来不是100。</blockquote></p><p> Taking all that into consideration, the 24 lowest-rated S&amp;P stocks—the ones analysts tell their clients to avoid—are as follows: American Airlines Group (AAL), Lumen Technologies (LUMN), Consolidated Edison (ED),Franklin Resources(BEN).Brown-Forman(BF. B), Mettler-Toledo International (MTD), Expeditors International of Washington (EXPD),Waters(WAT), Hormel Foods (HRL),McCormick(MKC), ViacomCBS (VIAC), Unum Group (UNM), Comerica (CMA) Under Armour (UAA), J.M. Smucker (SJM), Western Union (WU), Robert Half International (RHI),Discovery(DISCA), Varian Medical Systems (VAR), Invesco (IVZ), Walgreens Boots Alliance (WBA), Cincinnati Financial (CINF), Genuine Parts (GPC) and WEC Energy Group (WEC).</p><p><blockquote>考虑到所有这些因素，标准普尔评级最低的24只股票（分析师告诉客户要避开的股票）如下：美国航空集团(AAL)、Lumen Technologies(LUMN)、联合爱迪生(ED)、富兰克林资源(BEN)。布朗-福尔曼(BF.B)、梅特勒-托利多国际公司(MTD)、华盛顿Expeditors International of Washington(EXPD)、沃特世(WAT)、荷美尔食品(HRL)、味好美(MKC)、维亚康姆哥伦比亚广播公司(VIAC)、Unum Group(UNM)、联信(CMA)Under Armour(UAA)、J.M.Smucker(SJM)、西联汇款(WU)、Robert Half International(RHI)、Discovery(DISCA)、Varian Medical Systems(VAR)、Invesco(IVZ)、Walgreens Boots Alliance(WBA)、Cincinnati Financial(CINF)、Genuine Parts(GPC)和WEC能源集团(WEC)。</blockquote></p><p> The Dirty Two DozenThe 24 lowest-rated stocks in the S&amp;P 500, calculated using a weighted score for Buy, Sell, and Hold ratings.</p><p><blockquote>肮脏的两打标普500中评级最低的24只股票，使用买入、卖出和持有评级的加权分数计算。</blockquote></p><p></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Analyst Rating Score*</th>    <th>2021E P/E</th>    <th>Percentage Off All-Time High</th>    <th>% YTD</th>   </tr>  </thead>  <tbody>   <tr>    <td>American Airlines / AAL</td>    <td>-0.7</td>    <td>N/A</td>    <td>-60.2</td>    <td>88</td>   </tr>   <tr>    <td>Lumen Technologies / LUMN</td>    <td>-0.5</td>    <td>8.2</td>    <td>-74.3</td>    <td>32</td>   </tr>   <tr>    <td>Consolidated Edison / ED</td>    <td>-0.5</td>    <td>17.7</td>    <td>-21.0</td>    <td>-11</td>   </tr>   <tr>    <td>Franklin Resources / BEN</td>    <td>-0.4</td>    <td>10.3</td>    <td>-48.4</td>    <td>91</td>   </tr>   <tr>    <td>Brown-Forman / BF.B</td>    <td>-0.3</td>    <td>41.0</td>    <td>-14.9</td>    <td>14</td>   </tr>   <tr>    <td>Mettler-Toledo / MTD</td>    <td>-0.3</td>    <td>41.1</td>    <td>-3.9</td>    <td>68</td>   </tr>   <tr>    <td>Expeditors Int’l of Washington / EXPD</td>    <td>-0.3</td>    <td>25.7</td>    <td>-1.5</td>    <td>54</td>   </tr>   <tr>    <td>Waters / WAT</td>    <td>-0.2</td>    <td>31.9</td>    <td>0.0</td>    <td>57</td>   </tr>   <tr>    <td>Hormel Foods / HRL</td>    <td>-0.1</td>    <td>26.5</td>    <td>-12.5</td>    <td>-1</td>   </tr>   <tr>    <td>McCormick / MKC</td>    <td>-0.1</td>    <td>29.7</td>    <td>-16.5</td>    <td>16</td>   </tr>   <tr>    <td>ViacomCBS / VIAC</td>    <td>0.0</td>    <td>10.3</td>    <td>-58.9</td>    <td>160</td>   </tr>   <tr>    <td>Unum / UNM</td>    <td>0.0</td>    <td>5.8</td>    <td>-55.8</td>    <td>89</td>   </tr>   <tr>    <td>Comerica / CMA</td>    <td>0.0</td>    <td>13.4</td>    <td>-30.4</td>    <td>118</td>   </tr>   <tr>    <td>Under Armour / UAA</td>    <td>0.0</td>    <td>142.1</td>    <td>-58.5</td>    <td>105</td>   </tr>   <tr>    <td>J.M. Smucker / SJM</td>    <td>0.1</td>    <td>14.4</td>    <td>-18.5</td>    <td>17</td>   </tr>   <tr>    <td>Western Union / WU</td>    <td>0.1</td>    <td>12.3</td>    <td>-12.0</td>    <td>30</td>   </tr>   <tr>    <td>Robert Half / RHI</td>    <td>0.1</td>    <td>24.2</td>    <td>-2.6</td>    <td>92</td>   </tr>   <tr>    <td>Discover / DISCA</td>    <td>0.1</td>    <td>14.6</td>    <td>-46.3</td>    <td>88</td>   </tr>   <tr>    <td>Varian Medical Systems / VAR</td>    <td>0.1</td>    <td>33.8</td>    <td>-0.1</td>    <td>57</td>   </tr>   <tr>    <td>Invesco / IVZ</td>    <td>0.1</td>    <td>10.2</td>    <td>-57.0</td>    <td>181</td>   </tr>   <tr>    <td>Walgreens Boots Alliance / WBA</td>    <td>0.2</td>    <td>11.2</td>    <td>-44.3</td>    <td>29</td>   </tr>   <tr>    <td>Cincinnati Financial / CINF</td>    <td>0.2</td>    <td>25.8</td>    <td>-11.1</td>    <td>30</td>   </tr>   <tr>    <td>Genuine Parts / GPC</td>    <td>0.2</td>    <td>20.4</td>    <td>-1.6</td>    <td>68</td>   </tr>   <tr>    <td>WEC Energy / WEC</td>    <td>0.2</td>    <td>23.0</td>    <td>-15.7</td>    <td>-3</td>   </tr>   <tr>    <td>Dirty Dozen's average</td>    <td>-0.1</td>    <td>25.8</td>    <td>-27.7</td>    <td>61.2</td>   </tr>   <tr>    <td>S&amp;P 500 average</td>    <td>1.1</td>    <td>23</td>    <td>0.1</td>    <td>10</td>   </tr>  </tbody> </table> *Lower scores have more sell ratings.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>分析师评级分数*</th><th>2021年预计市盈率</th><th>创历史新高的百分比</th><th>年初至今%</th></tr></thead><tbody><tr><td>美国航空/AAL</td><td>-0.7</td><td>N/A</td><td>-60.2</td><td>88</td></tr><tr><td>流明技术/LUMN</td><td>-0.5</td><td>8.2</td><td>-74.3</td><td>32</td></tr><tr><td>联合爱迪生/ED</td><td>-0.5</td><td>17.7</td><td>-21.0</td><td>-11</td></tr><tr><td>富兰克林资源/BEN</td><td>-0.4</td><td>10.3</td><td>-48.4</td><td>91</td></tr><tr><td>布朗-福尔曼/BF.B</td><td>-0.3</td><td>41.0</td><td>-14.9</td><td>14</td></tr><tr><td>梅特勒-托利多/MTD</td><td>-0.3</td><td>41.1</td><td>-3.9</td><td>68</td></tr><tr><td>华盛顿国际快递公司/EXPD</td><td>-0.3</td><td>25.7</td><td>-1.5</td><td>54</td></tr><tr><td>水域/WAT</td><td>-0.2</td><td>31.9</td><td>0.0</td><td>57</td></tr><tr><td>荷美尔食品/HRL</td><td>-0.1</td><td>26.5</td><td>-12.5</td><td>-1</td></tr><tr><td>麦考密克/MKC</td><td>-0.1</td><td>29.7</td><td>-16.5</td><td>16</td></tr><tr><td>维亚康姆CBS/VIAC</td><td>0.0</td><td>10.3</td><td>-58.9</td><td>160</td></tr><tr><td>Unum/UNM</td><td>0.0</td><td>5.8</td><td>-55.8</td><td>89</td></tr><tr><td>联信/CMA</td><td>0.0</td><td>13.4</td><td>-30.4</td><td>118</td></tr><tr><td>安德玛/UAA</td><td>0.0</td><td>142.1</td><td>-58.5</td><td>105</td></tr><tr><td>J.M.Smucker/澳博</td><td>0.1</td><td>14.4</td><td>-18.5</td><td>17</td></tr><tr><td>西联汇款/吴</td><td>0.1</td><td>12.3</td><td>-12.0</td><td>30</td></tr><tr><td>罗伯特·哈尔夫/RHI</td><td>0.1</td><td>24.2</td><td>-2.6</td><td>92</td></tr><tr><td>发现/磁盘</td><td>0.1</td><td>14.6</td><td>-46.3</td><td>88</td></tr><tr><td>瓦里安医疗系统/VAR</td><td>0.1</td><td>33.8</td><td>-0.1</td><td>57</td></tr><tr><td>景顺/IVZ</td><td>0.1</td><td>10.2</td><td>-57.0</td><td>181</td></tr><tr><td>沃尔格林博姿联盟/WBA</td><td>0.2</td><td>11.2</td><td>-44.3</td><td>29</td></tr><tr><td>辛辛那提金融/CINF</td><td>0.2</td><td>25.8</td><td>-11.1</td><td>30</td></tr><tr><td>原厂零件/GPC</td><td>0.2</td><td>20.4</td><td>-1.6</td><td>68</td></tr><tr><td>WEC能源/WEC</td><td>0.2</td><td>23.0</td><td>-15.7</td><td>-3</td></tr><tr><td>十二金刚的平均水平</td><td>-0.1</td><td>25.8</td><td>-27.7</td><td>61.2</td></tr><tr><td>标普500平均值</td><td>1.1</td><td>23</td><td>0.1</td><td>10</td></tr></tbody></table>*分数越低，卖出评级越高。</blockquote></p><p> Sources: Bloomberg; Barron's calculations</p><p><blockquote>资料来源：彭博；巴伦周刊的计算</blockquote></p><p> It’s an eclectic list. Some stocks, such as American Airlines, are there because of huge, pandemic-induced losses. Others simply look expensive. Mettler, for instance, trades at 41 times the per-share earnings expected for 2021.</p><p><blockquote>这是一个折衷的列表。一些股票，例如美国航空公司，是因为大流行造成的巨大损失而出现的。其他的只是看起来很贵。例如，梅特勒的股价是2021年预期每股收益的41倍。</blockquote></p><p> Others firms face potentially damaging long-term changes in their industries. Franklin Resources, for instance, is an asset manager dealing with the shift from actively managed funds to index funds with lower fees. And some companies just don’t seem to have much room for growth. McCormick sells spices, and the chances that demand will rocket higher unexpectedly appear slim.</p><p><blockquote>其他公司面临着行业潜在的破坏性长期变化。例如，富兰克林资源公司是一家资产管理公司，致力于从主动管理基金向费用较低的指数基金的转变。而有些公司似乎并没有太大的增长空间。味好美销售香料，需求意外飙升的可能性似乎很小。</blockquote></p><p> Not every one of the hated names will pass muster for investors. But the hated stocks have one thing going for them: They are cheaper. Although not every one of the two dozen is making money, the shares trade for an average of about 20 times estimated 2021 earnings, while the market is at closer to 24 times.</p><p><blockquote>并非每一个令人讨厌的名字都能符合投资者的要求。但令人讨厌的股票有一个优点：它们更便宜。尽管并非这两打股票中的每一只都在赚钱，但这些股票的平均交易价格约为2021年预期市盈率的20倍，而市场价格接近24倍。</blockquote></p><p> Another plus is that unlike the S&amp;P 500, the rejects aren’t trading near their record highs, a factor that points at the potential for a rebound. The two dozen are down by an average of roughly 25% from their all-time highs.</p><p><blockquote>另一个好处是，与标普500不同，拒绝者的交易价格并未接近历史高点，这一因素表明了反弹的潜力。这两打平均比历史高点下降了约25%。</blockquote></p><p> The bottom line, then, is that bargains may be hiding in the trash heap. But as is the case with any stock screen, investors will have to dig deeper to find out which.</p><p><blockquote>那么，底线是便宜货可能藏在垃圾堆里。但与任何股票筛选的情况一样，投资者必须深入挖掘才能找出是哪一个。</blockquote></p><p> Go to it, contrarians.</p><p><blockquote>去吧，逆向投资者。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/the-24-most-hated-stocks-in-the-s-p-500-and-why-you-should-love-them-51618332859?mod=hp_LEAD_1\">Barrons</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":{"MKC":"味好美","ED":"爱迪生联合电气","WU":"西联汇款","BEN":"Franklin Resources Inc","HRL":"荷美尔",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","CMA":"联信银行","MTD":"梅特勒-托利多","SJM":"斯马克","RHI":"罗致恒富","UNM":"尤纳姆集团","LUMN":"Lumen Technologies","DISCA":"探索传播","WAT":"沃特世","WEC":"威州能源","UAA":"安德玛公司A类股","BF.B":"布朗霍文","EXPD":"康捷国际物流","AAL":"美国航空",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/the-24-most-hated-stocks-in-the-s-p-500-and-why-you-should-love-them-51618332859?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106080522","content_text":"Investing in the best-loved stocks can be a good idea. But investors should also know what stocks analysts are shunning.\nWhile simply avoiding those companies is one sound strategy, it can also make sense to dig through the reject bin. Sometimes the only direction to go from the bottom is up. The most hated stocks can only get less hated over time, a fact that on its own can be enough for above-average stock gains.\nWall Streetratingsare always a helpful guide for investors—the pros as well as amateur stock pickers. Analysts covering companies at brokerage firms are, after all, paid to follow industry trends, compare companies, and value stocks.\nOver the past year, analysts’ favorite 10% ofS&P 500stocks are up almost 70% on average. The bottom 10%, on the other hand, is up closer to 50%. Favorites have outperformed by about 20 percentage points. The overall S&P index, meanwhile, is up about 48%.\nIt might seem odd that the average gain for a hated stock in the S&P 500 is 2 percentage points better than what the index achieved over the past year. The reason is that the S&P 500 is weighted according to market capitalization, so moves in bigger companies’ stocks have more impact on the overall benchmark. Not adjusting for market capitalization, the average gain for an S&P 500 stock is about 63%.\nThat fits with the common-sense view that avoiding the dregs is a good idea. But this past year was difficult. During the first several months of the pandemic, it paid to invest in large, high-quality stocks. It will surprise no one to learn that Microsoft (ticker: MSFT), Google parentAlphabet(GOOGL), Amazon.com (AMZN) and Apple (AAPL) are all well liked by the Street.\nNow, thetide is turningand the economy is growing again. That could be a signal to look at stocks that have had a harder time.\nBarron’s came up with a list of the least-liked stocks on the Street by weighting the Buy, Hold, and Sell calls on each company to arrive at a single number summarizing overall sentiment. We took the percentage of ratings for a stock that are Buys, subtracted the share that are Sells, and then added the percentage at Hold, counting each as one-fourth of a Buy to reflect the fact that most analysts expect Hold-rated stocks to keep pace with their peers.\nIn the S&P 500, about 56% of ratings are Buys. 36% are Holds and 7% are Sells. The numbers don’t total 100 due to rounding.\nTaking all that into consideration, the 24 lowest-rated S&P stocks—the ones analysts tell their clients to avoid—are as follows: American Airlines Group (AAL), Lumen Technologies (LUMN), Consolidated Edison (ED),Franklin Resources(BEN).Brown-Forman(BF. B), Mettler-Toledo International (MTD), Expeditors International of Washington (EXPD),Waters(WAT), Hormel Foods (HRL),McCormick(MKC), ViacomCBS (VIAC), Unum Group (UNM), Comerica (CMA) Under Armour (UAA), J.M. Smucker (SJM), Western Union (WU), Robert Half International (RHI),Discovery(DISCA), Varian Medical Systems (VAR), Invesco (IVZ), Walgreens Boots Alliance (WBA), Cincinnati Financial (CINF), Genuine Parts (GPC) and WEC Energy Group (WEC).\nThe Dirty Two DozenThe 24 lowest-rated stocks in the S&P 500, calculated using a weighted score for Buy, Sell, and Hold ratings.\n\n\n\nCompany / Ticker\nAnalyst Rating Score*\n2021E P/E\nPercentage Off All-Time High\n% YTD\n\n\n\n\nAmerican Airlines / AAL\n-0.7\nN/A\n-60.2\n88\n\n\nLumen Technologies / LUMN\n-0.5\n8.2\n-74.3\n32\n\n\nConsolidated Edison / ED\n-0.5\n17.7\n-21.0\n-11\n\n\nFranklin Resources / BEN\n-0.4\n10.3\n-48.4\n91\n\n\nBrown-Forman / BF.B\n-0.3\n41.0\n-14.9\n14\n\n\nMettler-Toledo / MTD\n-0.3\n41.1\n-3.9\n68\n\n\nExpeditors Int’l of Washington / EXPD\n-0.3\n25.7\n-1.5\n54\n\n\nWaters / WAT\n-0.2\n31.9\n0.0\n57\n\n\nHormel Foods / HRL\n-0.1\n26.5\n-12.5\n-1\n\n\nMcCormick / MKC\n-0.1\n29.7\n-16.5\n16\n\n\nViacomCBS / VIAC\n0.0\n10.3\n-58.9\n160\n\n\nUnum / UNM\n0.0\n5.8\n-55.8\n89\n\n\nComerica / CMA\n0.0\n13.4\n-30.4\n118\n\n\nUnder Armour / UAA\n0.0\n142.1\n-58.5\n105\n\n\nJ.M. Smucker / SJM\n0.1\n14.4\n-18.5\n17\n\n\nWestern Union / WU\n0.1\n12.3\n-12.0\n30\n\n\nRobert Half / RHI\n0.1\n24.2\n-2.6\n92\n\n\nDiscover / DISCA\n0.1\n14.6\n-46.3\n88\n\n\nVarian Medical Systems / VAR\n0.1\n33.8\n-0.1\n57\n\n\nInvesco / IVZ\n0.1\n10.2\n-57.0\n181\n\n\nWalgreens Boots Alliance / WBA\n0.2\n11.2\n-44.3\n29\n\n\nCincinnati Financial / CINF\n0.2\n25.8\n-11.1\n30\n\n\nGenuine Parts / GPC\n0.2\n20.4\n-1.6\n68\n\n\nWEC Energy / WEC\n0.2\n23.0\n-15.7\n-3\n\n\nDirty Dozen's average\n-0.1\n25.8\n-27.7\n61.2\n\n\nS&P 500 average\n1.1\n23\n0.1\n10\n\n\n\n*Lower scores have more sell ratings.\nSources: Bloomberg; Barron's calculations\nIt’s an eclectic list. Some stocks, such as American Airlines, are there because of huge, pandemic-induced losses. Others simply look expensive. Mettler, for instance, trades at 41 times the per-share earnings expected for 2021.\nOthers firms face potentially damaging long-term changes in their industries. Franklin Resources, for instance, is an asset manager dealing with the shift from actively managed funds to index funds with lower fees. And some companies just don’t seem to have much room for growth. McCormick sells spices, and the chances that demand will rocket higher unexpectedly appear slim.\nNot every one of the hated names will pass muster for investors. But the hated stocks have one thing going for them: They are cheaper. Although not every one of the two dozen is making money, the shares trade for an average of about 20 times estimated 2021 earnings, while the market is at closer to 24 times.\nAnother plus is that unlike the S&P 500, the rejects aren’t trading near their record highs, a factor that points at the potential for a rebound. The two dozen are down by an average of roughly 25% from their all-time highs.\nThe bottom line, then, is that bargains may be hiding in the trash heap. But as is the case with any stock screen, investors will have to dig deeper to find out which.\nGo to it, contrarians.","news_type":1,"symbols_score_info":{"VIAC":0.9,"RHI":0.9,"WEC":0.9,"BF.B":0.9,"MTD":0.9,".SPX":0.9,"EXPD":0.9,"WU":0.9,"SJM":0.9,"CMA":0.9,"BEN":0.9,"MKC":0.9,".DJI":0.9,"LUMN":0.9,"VAR":0.9,"UAA":0.9,"UNM":0.9,"HRL":0.9,"WAT":0.9,"AAL":0.9,"ED":0.9,"DISCA":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100074756,"gmtCreate":1619571813375,"gmtModify":1634211680071,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"I'm guessing price will dip further based on EPS 1.95ct vs last Q 2.03ct (price peaked at $24x before higher expectations of this latest Q results pushed prices to $26x). Ball park $23x to $24x&nbsp;[疑问]&nbsp;","listText":"I'm guessing price will dip further based on EPS 1.95ct vs last Q 2.03ct (price peaked at $24x before higher expectations of this latest Q results pushed prices to $26x). Ball park $23x to $24x&nbsp;[疑问]&nbsp;","text":"I'm guessing price will dip further based on EPS 1.95ct vs last Q 2.03ct (price peaked at $24x before higher expectations of this latest Q results pushed prices to $26x). Ball park $23x to $24x [疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/100074756","repostId":"1157918353","repostType":4,"repost":{"id":"1157918353","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":1619566409,"share":"https://www.laohu8.com/m/news/1157918353?lang=zh_CN&edition=full","pubTime":"2021-04-28 07:33","market":"us","language":"en","title":"Microsoft sales grow on cloud strength, shares dip on heightened valuation<blockquote>微软销售额因云实力而增长，股价因估值上升而下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157918353","media":"Tiger Newspress","summary":"Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.Windows revenue growth from device makers was higher than the company had predicted.Azure cloud revenue growth was flat from the prior quarter.Microsoft shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as c","content":"<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.</li>  <li>Windows revenue growth from device makers was higher than the company had predicted.</li>  <li>Azure cloud revenue growth was flat from the prior quarter.</li> </ul> Microsoft&nbsp;shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.</p><p><blockquote><ul><li>微软的营收和利润以及收入指引超出了分析师的预期。</li><li>来自设备制造商的Windows收入增长高于该公司的预期。</li><li>Azure云收入增长与上一季度持平。</li></ul>软件制造商微软公布了强于分析师预期的第三财季盈利和季度收入指引后，该公司股价周二在盘后交易中下跌2.6%。随着云计算成为其业务的重要组成部分，该公司的营业利润率有所收窄。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37e56904b785cd612b360cb4662adcab\" tg-width=\"1302\" tg-height=\"833\"></p><p><blockquote></blockquote></p><p> Here’s how the company did:</p><p><blockquote>该公司的做法如下：</blockquote></p><p> <ul>  <li><b>Earnings:</b>$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.</li>  <li><b>Revenue:</b>$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.</li> </ul> The software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a&nbsp;statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to&nbsp;gains in PC sales&nbsp;resulting from coronavirus-driven shortages last year.</p><p><blockquote><ul><li><b>收益：</b>根据Refinitiv的数据，调整后每股1.95美元，而分析师预期为每股1.78美元。</li><li><b>收入：</b>根据Refinitiv的数据，为417.1亿美元，而分析师预期为410.3亿美元。</li></ul>根据一份声明，这家软件和硬件制造商公布截至3月31日的季度年化收入增长19%。这是该公司自2018年以来最大的季度增幅，部分原因是去年冠状病毒导致的短缺导致PC销量增长。</blockquote></p><p> The company said its Azure public cloud, which competes with market leader&nbsp;Amazon&nbsp;Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In&nbsp;the prior quarter&nbsp;Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.</p><p><blockquote>根据CNBC对14份股票研究报告的评论，该公司表示，与市场领导者亚马逊网络服务竞争的Azure公共云增长了50%，快于分析师预期的46%增长。上一季度，Azure收入增长了50%。微软没有披露Azure的美元收入。</blockquote></p><p> With respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.</p><p><blockquote>微软首席财务官Amy Hood在与分析师举行的电话会议上表示，关于指引，微软预计第四财季营收为436亿至445亿美元。处于16%增长区间的中间，高于Refinitiv调查的分析师普遍预期的429.8亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04deaac8d015743ca14f06c8b77bd26e\" tg-width=\"1910\" tg-height=\"1549\"></p><p><blockquote></blockquote></p><p> Microsoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.</p><p><blockquote>微软智能云部门第三财季实现营收151.2亿美元。这一数字同比增长23%，高于FactSet 149.2亿美元的共识预期。智能云包含Azure、Windows Server、SQL Server、Visual Studio、GitHub和企业服务。</blockquote></p><p> The Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from&nbsp;115 million&nbsp;in October, Microsoft CEO Satya Nadella said on the call.</p><p><blockquote>包括Office、Dynamics和LinkedIn在内的生产力和业务流程部门贡献了135.5亿美元的收入，增长了15%，超过了FactSet预期的134.9亿美元。微软首席执行官Satya Nadella在看涨期权上表示，Teams聊天和通话应用程序的日活跃用户达到1.45亿，高于10月份的1.15亿。</blockquote></p><p> The company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner&nbsp;estimated&nbsp;earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.</p><p><blockquote>该公司的更多个人计算部门，包括Windows、游戏、设备和搜索，收入为130.4亿美元。这一数字增长了近19%，高于125.5亿美元的共识。技术研究公司Gartner本月早些时候估计，PC制造商本季度出货量接近7000万台，比去年同期增长32%，这是Gartner自2000年开始跟踪PC市场以来的最快增长。</blockquote></p><p> That benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.</p><p><blockquote>这有利于微软向个人电脑制造商销售Windows许可证，增长了10%。纳德拉表示，现在每月有超过13亿台活跃设备运行Windows 10操作系统。</blockquote></p><p> The outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.</p><p><blockquote>结果比微软自己预测的要好。一月份，胡德呼吁设备制造商的Windows许可收入保持在低个位数。</blockquote></p><p> The PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.</p><p><blockquote>胡德周二表示，个人电脑市场经历了“供应链中持续的重大限制”。</blockquote></p><p> At the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.</p><p><blockquote>与此同时，微软广泛的商业云类别产品（包括Azure、Office 365生产力捆绑包的商业订阅、基于云的Dynamics 365企业应用程序和LinkedIn的商业部分）的毛利率从71%收窄至70%。对于希望看到微软能够继续让Azure盈利更高的投资者来说，这个数字很重要。</blockquote></p><p> The operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.</p><p><blockquote>包括Azure在内的智能云部门的营业利润率也从约44.5%收窄至42.5%。微软的整体营业利润率为40.9%，低于41.6%。</blockquote></p><p> Microsoft&nbsp;said&nbsp;in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also&nbsp;issued patches&nbsp;to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also&nbsp;closed&nbsp;the $8.1 billion acquisition of video game maker ZeniMax Media.</p><p><blockquote>微软表示，本季度它赢得了美国。陆军合同在十年内价值高达219亿美元，用于基于其最新HoloLens设备的增强现实耳机。该公司还发布了补丁，以解决其Exchange Server内部电子邮件和日历软件中被中国黑客利用的漏洞。它还完成了对视频游戏制造商ZeniMax Media的81亿美元收购。</blockquote></p><p> Notwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&amp;P 500 over the same time period.</p><p><blockquote>尽管盘后出现波动，微软股价今年迄今仍上涨了18%，而标普500同期的涨幅约为12%。</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 sales grow on cloud strength, shares dip on heightened valuation<blockquote>微软销售额因云实力而增长，股价因估值上升而下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sales grow on cloud strength, shares dip on heightened valuation<blockquote>微软销售额因云实力而增长，股价因估值上升而下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-28 07:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.</li>  <li>Windows revenue growth from device makers was higher than the company had predicted.</li>  <li>Azure cloud revenue growth was flat from the prior quarter.</li> </ul> Microsoft&nbsp;shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.</p><p><blockquote><ul><li>微软的营收和利润以及收入指引超出了分析师的预期。</li><li>来自设备制造商的Windows收入增长高于该公司的预期。</li><li>Azure云收入增长与上一季度持平。</li></ul>软件制造商微软公布了强于分析师预期的第三财季盈利和季度收入指引后，该公司股价周二在盘后交易中下跌2.6%。随着云计算成为其业务的重要组成部分，该公司的营业利润率有所收窄。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37e56904b785cd612b360cb4662adcab\" tg-width=\"1302\" tg-height=\"833\"></p><p><blockquote></blockquote></p><p> Here’s how the company did:</p><p><blockquote>该公司的做法如下：</blockquote></p><p> <ul>  <li><b>Earnings:</b>$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.</li>  <li><b>Revenue:</b>$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.</li> </ul> The software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a&nbsp;statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to&nbsp;gains in PC sales&nbsp;resulting from coronavirus-driven shortages last year.</p><p><blockquote><ul><li><b>收益：</b>根据Refinitiv的数据，调整后每股1.95美元，而分析师预期为每股1.78美元。</li><li><b>收入：</b>根据Refinitiv的数据，为417.1亿美元，而分析师预期为410.3亿美元。</li></ul>根据一份声明，这家软件和硬件制造商公布截至3月31日的季度年化收入增长19%。这是该公司自2018年以来最大的季度增幅，部分原因是去年冠状病毒导致的短缺导致PC销量增长。</blockquote></p><p> The company said its Azure public cloud, which competes with market leader&nbsp;Amazon&nbsp;Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In&nbsp;the prior quarter&nbsp;Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.</p><p><blockquote>根据CNBC对14份股票研究报告的评论，该公司表示，与市场领导者亚马逊网络服务竞争的Azure公共云增长了50%，快于分析师预期的46%增长。上一季度，Azure收入增长了50%。微软没有披露Azure的美元收入。</blockquote></p><p> With respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.</p><p><blockquote>微软首席财务官Amy Hood在与分析师举行的电话会议上表示，关于指引，微软预计第四财季营收为436亿至445亿美元。处于16%增长区间的中间，高于Refinitiv调查的分析师普遍预期的429.8亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04deaac8d015743ca14f06c8b77bd26e\" tg-width=\"1910\" tg-height=\"1549\"></p><p><blockquote></blockquote></p><p> Microsoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.</p><p><blockquote>微软智能云部门第三财季实现营收151.2亿美元。这一数字同比增长23%，高于FactSet 149.2亿美元的共识预期。智能云包含Azure、Windows Server、SQL Server、Visual Studio、GitHub和企业服务。</blockquote></p><p> The Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from&nbsp;115 million&nbsp;in October, Microsoft CEO Satya Nadella said on the call.</p><p><blockquote>包括Office、Dynamics和LinkedIn在内的生产力和业务流程部门贡献了135.5亿美元的收入，增长了15%，超过了FactSet预期的134.9亿美元。微软首席执行官Satya Nadella在看涨期权上表示，Teams聊天和通话应用程序的日活跃用户达到1.45亿，高于10月份的1.15亿。</blockquote></p><p> The company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner&nbsp;estimated&nbsp;earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.</p><p><blockquote>该公司的更多个人计算部门，包括Windows、游戏、设备和搜索，收入为130.4亿美元。这一数字增长了近19%，高于125.5亿美元的共识。技术研究公司Gartner本月早些时候估计，PC制造商本季度出货量接近7000万台，比去年同期增长32%，这是Gartner自2000年开始跟踪PC市场以来的最快增长。</blockquote></p><p> That benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.</p><p><blockquote>这有利于微软向个人电脑制造商销售Windows许可证，增长了10%。纳德拉表示，现在每月有超过13亿台活跃设备运行Windows 10操作系统。</blockquote></p><p> The outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.</p><p><blockquote>结果比微软自己预测的要好。一月份，胡德呼吁设备制造商的Windows许可收入保持在低个位数。</blockquote></p><p> The PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.</p><p><blockquote>胡德周二表示，个人电脑市场经历了“供应链中持续的重大限制”。</blockquote></p><p> At the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.</p><p><blockquote>与此同时，微软广泛的商业云类别产品（包括Azure、Office 365生产力捆绑包的商业订阅、基于云的Dynamics 365企业应用程序和LinkedIn的商业部分）的毛利率从71%收窄至70%。对于希望看到微软能够继续让Azure盈利更高的投资者来说，这个数字很重要。</blockquote></p><p> The operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.</p><p><blockquote>包括Azure在内的智能云部门的营业利润率也从约44.5%收窄至42.5%。微软的整体营业利润率为40.9%，低于41.6%。</blockquote></p><p> Microsoft&nbsp;said&nbsp;in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also&nbsp;issued patches&nbsp;to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also&nbsp;closed&nbsp;the $8.1 billion acquisition of video game maker ZeniMax Media.</p><p><blockquote>微软表示，本季度它赢得了美国。陆军合同在十年内价值高达219亿美元，用于基于其最新HoloLens设备的增强现实耳机。该公司还发布了补丁，以解决其Exchange Server内部电子邮件和日历软件中被中国黑客利用的漏洞。它还完成了对视频游戏制造商ZeniMax Media的81亿美元收购。</blockquote></p><p> Notwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&amp;P 500 over the same time period.</p><p><blockquote>尽管盘后出现波动，微软股价今年迄今仍上涨了18%，而标普500同期的涨幅约为12%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157918353","content_text":"KEY POINTS\n\nMicrosoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.\nWindows revenue growth from device makers was higher than the company had predicted.\nAzure cloud revenue growth was flat from the prior quarter.\n\nMicrosoft shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.\n\nHere’s how the company did:\n\nEarnings:$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.\nRevenue:$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.\n\nThe software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to gains in PC sales resulting from coronavirus-driven shortages last year.\nThe company said its Azure public cloud, which competes with market leader Amazon Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In the prior quarter Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.\nWith respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.\n\nMicrosoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.\nThe Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from 115 million in October, Microsoft CEO Satya Nadella said on the call.\nThe company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner estimated earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.\nThat benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.\nThe outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.\nThe PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.\nAt the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.\nThe operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.\nMicrosoft said in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also issued patches to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also closed the $8.1 billion acquisition of video game maker ZeniMax Media.\nNotwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&P 500 over the same time period.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":196200237,"gmtCreate":1621053050729,"gmtModify":1634194254000,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"The new normal&nbsp;[疑问]&nbsp;","listText":"The new normal&nbsp;[疑问]&nbsp;","text":"The new normal [疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/196200237","repostId":"1173244066","repostType":4,"repost":{"id":"1173244066","kind":"news","pubTimestamp":1621004086,"share":"https://www.laohu8.com/m/news/1173244066?lang=zh_CN&edition=full","pubTime":"2021-05-14 22:54","market":"us","language":"en","title":"What Disney, Airbnb and DoorDash results reveal about the post-pandemic economy<blockquote>迪士尼、爱彼迎和DoorDash的业绩揭示了大流行后经济的哪些信息</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173244066","media":"CNN","summary":"London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver ","content":"<p>London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.</p><p><blockquote>伦敦（CNN Business）公司正在为一个新冠肺炎不再是人们花钱的主要驱动力的时代做准备。</blockquote></p><p> The big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?</p><p><blockquote>最大的问题是：随着美国等国家冠状病毒情况的改善，过去14个月的哪些趋势将具有持久力，哪些将听天由命于疫情的过去？</blockquote></p><p> Airbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.</p><p><blockquote>爱彼迎、DoorDash和迪士尼(DIS)在周四美国市场收盘后公布了业绩，这提供了一些思路。</blockquote></p><p> Airbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.</p><p><blockquote>爱彼迎：该公司表示，随着疫苗变得更加广泛，人们对旅行的兴趣再次激增，并指出在英国首相Boris Johnson在2月份宣布逐步解除封锁的计划后，英国的预订量立即急剧增加。对于60岁及以上的美国客户来说，2月至3月期间，爱彼迎上夏季旅行的搜索量增长了60%以上。</blockquote></p><p> The company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.</p><p><blockquote>该公司还准备让更多客户使用爱彼迎进行长期住宿，因为他们利用了远程工作的更大接受度。该公司表示，上季度近四分之一的停留时间为28天或以上，比2019年增长了14%。股价在盘前交易中小幅下跌。</blockquote></p><p> DoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.</p><p><blockquote>DoorDash：即使餐馆重新开放传统餐饮，人们仍然订购大量外卖。DoorDash报告称，尽管面临工人短缺的问题，上季度收入仍增长198%，达到11亿美元，并上调了全年预期。</blockquote></p><p> \"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.</p><p><blockquote>该公司表示：“随着市场继续重新开放以及美国各地店内餐饮的增加，对我们订单量的影响小于我们的预期，这有助于本季度的强劲业绩。”不过该公司警告说，这可能部分归因于刺激检查。股价在盘前交易中上涨近9%。</blockquote></p><p> Disney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.</p><p><blockquote>迪士尼：流媒体让迪士尼穿越了疫情，Disney+的订户已经超过1亿。然而，迪士尼媒体领域最大的明星似乎不那么耀眼了，导致股价下跌4%。</blockquote></p><p> The company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.</p><p><blockquote>该公司周四表示，Disney+目前拥有1.036亿订阅用户，低于华尔街预期的1.1亿。这迫使投资者想知道：这是因为人们正在接种疫苗并远离流媒体吗？Netflix上季度的订阅增长也缓慢。</blockquote></p><p> Down but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.</p><p><blockquote>下滑但并未出局：迪士尼表示，尽管经济明显放缓，但仍有望实现其长期订户目标。该公司押注，随着疫情的缓解，它将能够制作更多的电影和节目，帮助吸引新客户。</blockquote></p><p> Whether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.</p><p><blockquote>这是否正确将在未来几个月变得更加清晰，这将是人们是否真的抛弃运动裤、走出家门并再次撼动经济的真正考验。</blockquote></p><p> <b>It could get easier to get a credit card without a credit score</b></p><p><blockquote><b>无需信用评分即可获得信用卡可能会变得更容易</b></blockquote></p><p> For years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.</p><p><blockquote>多年来，如果你没有信用评分，很难获得信用卡或某些类型的贷款。但美国一些最大银行的一项新计划可能会帮助没有传统信用记录的美国人获得批准。</blockquote></p><p> Ten banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.</p><p><blockquote>据报道，包括摩根大通(JPM)、富国银行(WFC)和美国合众银行(USB)在内的十家银行已初步同意一项共享银行账户存款和账单支付活动等数据的计划，以帮助没有传统信用记录的借款人获得资格。华尔街日报。</blockquote></p><p> The push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.</p><p><blockquote>金融机构达成数据共享协议的推动力来自货币监理署运行的一项计划。OCC已确认有一项计划，但银行之间协议的细节仍需制定。</blockquote></p><p> Should the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.</p><p><blockquote>如果拟议的安排获得通过，这将意味着，例如，如果您没有信用评分，但在富国银行拥有银行账户，您可以利用该财务历史记录来帮助您在另一家银行获得信用卡，例如摩根大通。</blockquote></p><p> \"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.</p><p><blockquote>摩根大通发言人特里什·韦克斯勒(Trish Wexler)告诉CNN Business：“这将使数百万美国人有机会获得信贷，这对于积累财富至关重要——买房、创业或资助教育。”</blockquote></p><p> The backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.</p><p><blockquote>背景故事：根据FICO信用评分的创建者Fair Isaac Corporation的数据，目前有5300万人没有信用评分。这些消费者是不成比例的低收入和有色人种，他们面临更高的借贷成本，因为他们被迫转向发薪日贷款等产品。</blockquote></p><p> Banks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.</p><p><blockquote>银行和贷方将那些没有信用记录的人称为“隐形信用”。这个群体可以包括年轻人或新移民，以及很长时间没有使用信贷或由于经济困难而失去信贷的人。</blockquote></p><p> The business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.</p><p><blockquote>商业角度：随着在线新贵削弱对其产品的需求，大银行也可能渴望修改其政策。</blockquote></p><p></p><p> \"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.</p><p><blockquote>LendingTree首席行业分析师马特·舒尔茨(Matt Schulz)表示：“大型银行之间的一些合作可能是对小型银行和金融科技公司侵犯其空间的反应。”</blockquote></p><p> <b>Target will temporarily stop selling trading cards amid frenzy</b></p><p><blockquote><b>Target将在狂热中暂时停止销售交易卡</b></blockquote></p><p> Target (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.</p><p><blockquote>塔吉特(TGT)宣布，在其一个门店发生暴力纠纷后，将停止在其商店销售交易卡，这表明收藏品市场已经变得多么过热。</blockquote></p><p> The details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.</p><p><blockquote>细节：上周，威斯康星州的一个目标被锁定，此前一名男子因体育交易卡被另外四人殴打。</blockquote></p><p> \"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"</p><p><blockquote>塔吉特在一份声明中表示：“客人和团队的安全是我们的首要任务。”“出于谨慎，我们决定从[周五]起暂时停止在我们的商店内销售MLB、NFL、NBA和Pokémon交易卡。”</blockquote></p><p> The cards will still be available online, the company said.</p><p><blockquote>该公司表示，这些卡仍将在网上提供。</blockquote></p><p> Remember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.</p><p><blockquote>请记住：近几个月来，在Covid-19大流行期间，交易卡的价值飙升。这引起了业余和专业投资者的兴趣，他们希望获得惊人的回报。</blockquote></p><p> Target previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.</p><p><blockquote>据CNN附属机构WISN报道，塔吉特百货此前限制每天只能购买一件商品，称客人会连夜排队购买热门商品。</blockquote></p><p> Walmart (WMT), for its part, said it will keep selling cards in stores for now.</p><p><blockquote>沃尔玛(WMT)则表示，目前将继续在商店销售贺卡。</blockquote></p><p> \"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.</p><p><blockquote>一位发言人在一份声明中表示：“我们正在确定需要做出哪些改变（如果有的话），以满足客户需求，同时确保安全、愉快的购物体验。”</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> Data on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.</p><p><blockquote>美国零售销售、进出口价格和工业生产数据将于美国东部时间上午8:30公布。</blockquote></p><p> Coming next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.</p><p><blockquote>下周：随着房地产市场的繁荣，家得宝(HD)和劳氏(LOW)公布收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Disney, Airbnb and DoorDash results reveal about the post-pandemic economy<blockquote>迪士尼、爱彼迎和DoorDash的业绩揭示了大流行后经济的哪些信息</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-05-14 22:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.</p><p><blockquote>伦敦（CNN Business）公司正在为一个新冠肺炎不再是人们花钱的主要驱动力的时代做准备。</blockquote></p><p> The big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?</p><p><blockquote>最大的问题是：随着美国等国家冠状病毒情况的改善，过去14个月的哪些趋势将具有持久力，哪些将听天由命于疫情的过去？</blockquote></p><p> Airbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.</p><p><blockquote>爱彼迎、DoorDash和迪士尼(DIS)在周四美国市场收盘后公布了业绩，这提供了一些思路。</blockquote></p><p> Airbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.</p><p><blockquote>爱彼迎：该公司表示，随着疫苗变得更加广泛，人们对旅行的兴趣再次激增，并指出在英国首相Boris Johnson在2月份宣布逐步解除封锁的计划后，英国的预订量立即急剧增加。对于60岁及以上的美国客户来说，2月至3月期间，爱彼迎上夏季旅行的搜索量增长了60%以上。</blockquote></p><p> The company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.</p><p><blockquote>该公司还准备让更多客户使用爱彼迎进行长期住宿，因为他们利用了远程工作的更大接受度。该公司表示，上季度近四分之一的停留时间为28天或以上，比2019年增长了14%。股价在盘前交易中小幅下跌。</blockquote></p><p> DoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.</p><p><blockquote>DoorDash：即使餐馆重新开放传统餐饮，人们仍然订购大量外卖。DoorDash报告称，尽管面临工人短缺的问题，上季度收入仍增长198%，达到11亿美元，并上调了全年预期。</blockquote></p><p> \"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.</p><p><blockquote>该公司表示：“随着市场继续重新开放以及美国各地店内餐饮的增加，对我们订单量的影响小于我们的预期，这有助于本季度的强劲业绩。”不过该公司警告说，这可能部分归因于刺激检查。股价在盘前交易中上涨近9%。</blockquote></p><p> Disney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.</p><p><blockquote>迪士尼：流媒体让迪士尼穿越了疫情，Disney+的订户已经超过1亿。然而，迪士尼媒体领域最大的明星似乎不那么耀眼了，导致股价下跌4%。</blockquote></p><p> The company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.</p><p><blockquote>该公司周四表示，Disney+目前拥有1.036亿订阅用户，低于华尔街预期的1.1亿。这迫使投资者想知道：这是因为人们正在接种疫苗并远离流媒体吗？Netflix上季度的订阅增长也缓慢。</blockquote></p><p> Down but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.</p><p><blockquote>下滑但并未出局：迪士尼表示，尽管经济明显放缓，但仍有望实现其长期订户目标。该公司押注，随着疫情的缓解，它将能够制作更多的电影和节目，帮助吸引新客户。</blockquote></p><p> Whether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.</p><p><blockquote>这是否正确将在未来几个月变得更加清晰，这将是人们是否真的抛弃运动裤、走出家门并再次撼动经济的真正考验。</blockquote></p><p> <b>It could get easier to get a credit card without a credit score</b></p><p><blockquote><b>无需信用评分即可获得信用卡可能会变得更容易</b></blockquote></p><p> For years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.</p><p><blockquote>多年来，如果你没有信用评分，很难获得信用卡或某些类型的贷款。但美国一些最大银行的一项新计划可能会帮助没有传统信用记录的美国人获得批准。</blockquote></p><p> Ten banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.</p><p><blockquote>据报道，包括摩根大通(JPM)、富国银行(WFC)和美国合众银行(USB)在内的十家银行已初步同意一项共享银行账户存款和账单支付活动等数据的计划，以帮助没有传统信用记录的借款人获得资格。华尔街日报。</blockquote></p><p> The push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.</p><p><blockquote>金融机构达成数据共享协议的推动力来自货币监理署运行的一项计划。OCC已确认有一项计划，但银行之间协议的细节仍需制定。</blockquote></p><p> Should the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.</p><p><blockquote>如果拟议的安排获得通过，这将意味着，例如，如果您没有信用评分，但在富国银行拥有银行账户，您可以利用该财务历史记录来帮助您在另一家银行获得信用卡，例如摩根大通。</blockquote></p><p> \"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.</p><p><blockquote>摩根大通发言人特里什·韦克斯勒(Trish Wexler)告诉CNN Business：“这将使数百万美国人有机会获得信贷，这对于积累财富至关重要——买房、创业或资助教育。”</blockquote></p><p> The backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.</p><p><blockquote>背景故事：根据FICO信用评分的创建者Fair Isaac Corporation的数据，目前有5300万人没有信用评分。这些消费者是不成比例的低收入和有色人种，他们面临更高的借贷成本，因为他们被迫转向发薪日贷款等产品。</blockquote></p><p> Banks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.</p><p><blockquote>银行和贷方将那些没有信用记录的人称为“隐形信用”。这个群体可以包括年轻人或新移民，以及很长时间没有使用信贷或由于经济困难而失去信贷的人。</blockquote></p><p> The business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.</p><p><blockquote>商业角度：随着在线新贵削弱对其产品的需求，大银行也可能渴望修改其政策。</blockquote></p><p></p><p> \"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.</p><p><blockquote>LendingTree首席行业分析师马特·舒尔茨(Matt Schulz)表示：“大型银行之间的一些合作可能是对小型银行和金融科技公司侵犯其空间的反应。”</blockquote></p><p> <b>Target will temporarily stop selling trading cards amid frenzy</b></p><p><blockquote><b>Target将在狂热中暂时停止销售交易卡</b></blockquote></p><p> Target (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.</p><p><blockquote>塔吉特(TGT)宣布，在其一个门店发生暴力纠纷后，将停止在其商店销售交易卡，这表明收藏品市场已经变得多么过热。</blockquote></p><p> The details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.</p><p><blockquote>细节：上周，威斯康星州的一个目标被锁定，此前一名男子因体育交易卡被另外四人殴打。</blockquote></p><p> \"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"</p><p><blockquote>塔吉特在一份声明中表示：“客人和团队的安全是我们的首要任务。”“出于谨慎，我们决定从[周五]起暂时停止在我们的商店内销售MLB、NFL、NBA和Pokémon交易卡。”</blockquote></p><p> The cards will still be available online, the company said.</p><p><blockquote>该公司表示，这些卡仍将在网上提供。</blockquote></p><p> Remember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.</p><p><blockquote>请记住：近几个月来，在Covid-19大流行期间，交易卡的价值飙升。这引起了业余和专业投资者的兴趣，他们希望获得惊人的回报。</blockquote></p><p> Target previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.</p><p><blockquote>据CNN附属机构WISN报道，塔吉特百货此前限制每天只能购买一件商品，称客人会连夜排队购买热门商品。</blockquote></p><p> Walmart (WMT), for its part, said it will keep selling cards in stores for now.</p><p><blockquote>沃尔玛(WMT)则表示，目前将继续在商店销售贺卡。</blockquote></p><p> \"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.</p><p><blockquote>一位发言人在一份声明中表示：“我们正在确定需要做出哪些改变（如果有的话），以满足客户需求，同时确保安全、愉快的购物体验。”</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> Data on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.</p><p><blockquote>美国零售销售、进出口价格和工业生产数据将于美国东部时间上午8:30公布。</blockquote></p><p> Coming next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.</p><p><blockquote>下周：随着房地产市场的繁荣，家得宝(HD)和劳氏(LOW)公布收益。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/05/14/investing/premarket-stocks-trading/index.html\">CNN</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":{"ABNB":"爱彼迎","DIS":"迪士尼","DASH":"DoorDash, Inc."},"source_url":"https://edition.cnn.com/2021/05/14/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173244066","content_text":"London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.\nThe big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?\nAirbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.\nAirbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.\nThe company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.\nDoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.\n\"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.\nDisney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.\nThe company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.\nDown but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.\nWhether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.\nIt could get easier to get a credit card without a credit score\nFor years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.\nTen banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.\nThe push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.\nShould the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.\n\"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.\nThe backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.\nBanks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.\nThe business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.\n\"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.\nTarget will temporarily stop selling trading cards amid frenzy\nTarget (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.\nThe details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.\n\"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"\nThe cards will still be available online, the company said.\nRemember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.\nTarget previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.\nWalmart (WMT), for its part, said it will keep selling cards in stores for now.\n\"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.\nUp next\nData on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.\nComing next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.","news_type":1,"symbols_score_info":{"DIS":0.9,"ABNB":0.9,"DASH":0.9}},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":356454575,"gmtCreate":1616809804497,"gmtModify":1634523890562,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"BRK bought (1) &amp; (2), already put in my watchlist","listText":"BRK bought (1) &amp; (2), already put in my watchlist","text":"BRK bought (1) & (2), already put in my watchlist","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/356454575","repostId":"1114428323","repostType":4,"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198898618,"gmtCreate":1620949753434,"gmtModify":1634195098578,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577229760496516","idStr":"3577229760496516"},"themes":[],"htmlText":"In 5 years, meaning ~+10% a year. Quite realistic, given their&nbsp; continued growth&nbsp;coming from Cloud biz","listText":"In 5 years, meaning ~+10% a year. Quite realistic, given their&nbsp; continued growth&nbsp;coming from Cloud biz","text":"In 5 years, meaning ~+10% a year. Quite realistic, given their continued growth coming from Cloud biz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/198898618","repostId":"1197134019","repostType":4,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}