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SR050321

SR050321

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2021-11-13

He wants to cash in the profit too

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2021-11-09

$SINGAPORE AIRLINES LTD(C6L.SI)$Jiayou

2021-12-18

$Tiger Brokers(TIGR)$Keep on buying at low and hodl 😂

2021-11-16

Wow

Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%<blockquote>出售苹果公司？为什么这位专家认为苹果股价下跌12%</blockquote>

2021-05-01

Haha see the comments very funny, pls like n comment mine too 🤭

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2021-09-26

Buy at a discount only for profitable companies

Opinion: Market analysts can’t agree on where stocks are going next. So double-check the data before you buy or sell<blockquote>观点：市场分析师对于股市下一步走势无法达成一致。因此，在买卖之前请仔细检查数据</blockquote>

2021-06-22

Can i have a like ? Tks

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2021-12-06

The retail is chasing another to the moon 😅

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2021-11-07

$OVERSEA-CHINESE BANKING CORP(O39.SI)$moving towards where ?

2021-10-12

I must say iphone have good quality

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10:19","market":"us","language":"en","title":"Blackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199047170","media":"InvestorPlace","summary":"Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Baye","content":"<p><div> Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY). According to a press release, Blackberry has signed a deal with...</p><p><blockquote><div>黑莓(NYSE：BB)在宣布与Bayerische Motoren Werke(OTCMKTS：BMWYY)达成多年协议后，股价周三上涨。根据新闻稿，黑莓已经签署了一项协议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Blackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</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\">\nBlackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-16 10:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY). According to a press release, Blackberry has signed a deal with...</p><p><blockquote><div>黑莓(NYSE：BB)在宣布与Bayerische Motoren Werke(OTCMKTS：BMWYY)达成多年协议后，股价周三上涨。根据新闻稿，黑莓已经签署了一项协议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">InvestorPlace</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":{"BB":"黑莓","BMWYY":"宝马汽车"},"source_url":"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199047170","content_text":"Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY).\nAccording to a press release, Blackberry has signed a deal with BMW that will have the two working together to develop technology for the latter’s next generation of vehicles. That includes the licensing of BB’s QNX tech and sending a support group of engineers to help with vehicle automation plans.\nBlackberry notes that this will have its engineers working on new SAE Level 2/2+ self-driving functions. The goal would be for this to end up in multiple vehicles across different makes and models.\nThe initial news of the BMW deal sent BB stock higher when shares started trading this morning. However, the stock didn’t retain those gains and quickly started to sink back down to its closing price on Tuesday.\nIt’s worth noting that BB is a meme stock, which means it’s often subject to volatility. That’s exacerbated by the fact the shares trade below $10 each. This makes it easier for traders to get into the stock when news like this comes around. That results in it running higher before eventually falling.\nBacking that up is decent trading of BB stock today. The company has seen roughly 9 million shares change hands as of this writing. That’s close to its daily average trading volume of about 9.3 million shares.\nBB stock is up 3.84% as of Wednesday afternoon but is still up 34.69% since the start of the year.","news_type":1,"symbols_score_info":{"BB":0.9,"BMWYY":0.9}},"isVote":1,"tweetType":1,"viewCount":3348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604716091,"gmtCreate":1639445782450,"gmtModify":1639445978833,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"All about money","listText":"All about money","text":"All about money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604716091","repostId":"1144236332","repostType":4,"isVote":1,"tweetType":1,"viewCount":3475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604718267,"gmtCreate":1639445752261,"gmtModify":1639445975639,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"All about money","listText":"All about money","text":"All about money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604718267","repostId":"1144236332","repostType":4,"isVote":1,"tweetType":1,"viewCount":3963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606622259,"gmtCreate":1638874872473,"gmtModify":1638874877537,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"Not really","listText":"Not really","text":"Not really","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606622259","repostId":"1153880755","repostType":4,"repost":{"id":"1153880755","kind":"news","pubTimestamp":1638867395,"share":"https://www.laohu8.com/m/news/1153880755?lang=zh_CN&edition=full","pubTime":"2021-12-07 16:56","market":"us","language":"en","title":"4 of the Safest Dividend Stocks That'll Help You Crush Inflation<blockquote>4只最安全的股息股票将帮助您抑制通货膨胀</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153880755","media":"Motley Fool","summary":"Apple and four other tech stalwarts are well insulated from inflation.","content":"<p>Rising inflation is wreaking havoc on many high-growth stocks as investors fret over higher costs and reduced future valuations. Higher interest rates, which counter inflation, are also sparking fears of an economic slowdown and causing investors to rotate from dividend stocks toward lower-risk bonds.</p><p><blockquote>由于投资者担心成本上升和未来估值下降，通胀上升正在对许多高增长股票造成严重破坏。对抗通胀的利率上升也引发了人们对经济放缓的担忧，并导致投资者从股息股票转向风险较低的债券。</blockquote></p><p> Faced with&nbsp;these challenges, it might seem like a bad idea to buy dividend-paying tech stocks. However, these four tech dividend stocks should remain resilient and easily withstand the upcoming inflation-related challenges.</p><p><blockquote>面对这些挑战，购买派息科技股似乎是个坏主意。然而，这四只科技股息股应该保持弹性，并轻松抵御即将到来的通胀相关挑战。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3710057a11169b9e18f5bf46888ca7fb\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Apple.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：苹果。</span></p></blockquote></p><p> <b>1. Apple</b></p><p><blockquote><b>1.苹果</b></blockquote></p><p> <b>Apple</b>&nbsp;only pays a forward dividend yield of 0.5%, but its lowpayout ratioof 15% indicates there's still plenty of room for much higher payments. Apple's stock price has risen nearly 270% over the past three years, but it still doesn't look terribly expensive at 29 times forward earnings.</p><p><blockquote><b>苹果</b>仅支付0.5%的远期股息收益率，但其15%的低派息率表明仍有很大的空间来支付更高的股息。苹果的股价在过去三年里上涨了近270%，但29倍的预期市盈率看起来仍然不是很贵。</blockquote></p><p> Apple is an inflation-resistant company for two simple reasons. First, it has the clout to negotiate more favorable prices from its suppliers. Second, it probably won't lose a lot of its loyal customers if it charges higher prices for its hardware since they're already firmly locked into its software ecosystem.</p><p><blockquote>苹果是一家抗通胀公司，原因很简单，有两个。首先，它有能力从供应商那里谈判更优惠的价格。其次，如果它对硬件收取更高的价格，它可能不会失去很多忠实客户，因为他们已经牢牢地锁定在其软件生态系统中。</blockquote></p><p> Apple has also consistently executed big stock buybacks, which have reduced its outstanding shares by nearly 22% over the past five years. Spending more cash on those buybacks, which boosts the value of its remaining shares, is a better strategy than letting its cash stagnate in an inflationary environment.</p><p><blockquote>苹果还持续执行大规模股票回购，过去五年使其流通股减少了近22%。在这些回购上花费更多现金，从而提高其剩余股票的价值，是比让现金在通胀环境中停滞不前更好的策略。</blockquote></p><p> Apple will face a&nbsp;near-term slowdown&nbsp;as it grapples with supply chain constraints, but its long-term outlook is still bright. Its services ecosystem continues to expand, and it will eventually expand into new next-gen markets like augmented reality, virtual reality, and connected cars.</p><p><blockquote>由于努力应对供应链限制，苹果将面临近期经济放缓，但其长期前景仍然光明。其服务生态系统不断扩展，最终将扩展到增强现实、虚拟现实和联网汽车等新的下一代市场。</blockquote></p><p> <b>2. Verizon</b></p><p><blockquote><b>2.威瑞森</b></blockquote></p><p> <b>Verizon</b>&nbsp;pays a forward dividend yield of 5%. The telecom giant has raised that dividend annually for 15 straight years, and it's spent less than half of its earnings per share on those payments over the past 12 months. The stock also trades at just nine times forward earnings.</p><p><blockquote><b>Verizon</b>支付5%的远期股息率。这家电信巨头已连续15年每年提高股息，在过去12个月里，它在这些支付上的支出不到每股收益的一半。该股的预期市盈率也仅为九倍。</blockquote></p><p> At first glance, Verizon seems like a lackluster investment. It's declined more than 10% over the past three years as the&nbsp;<b>S&amp;P 500</b>&nbsp;has risen nearly 70%.</p><p><blockquote>乍一看，Verizon似乎是一项乏善可陈的投资。过去三年下降了10%以上<b>标普500</b>已上涨近70%。</blockquote></p><p> However, Verizon's stock will likely remain stable as rising inflation and higher interest rates rattle the markets. As the largest wireless carrier in the U.S., Verizon can likely pass on most of its higher costs onto consumers without significantly increasing its churn rates. It's also a more streamlined company than&nbsp;<b>AT&amp;T</b>, which is still trying toundo the damageof the debt-fueled expansions of its media and pay-TV ecosystems.</p><p><blockquote>然而，随着通胀上升和利率上升扰乱市场，Verizon的股价可能会保持稳定。作为美国最大的无线运营商，Verizon可能会将大部分较高的成本转嫁给消费者，而不会显着增加其流失率。它也是一家比<b>AT&amp;T</b>该公司仍在努力弥补债务推动的媒体和付费电视生态系统扩张造成的损害。</blockquote></p><p> Verizon's stable returns, sticky ecosystem, high dividend, and low valuation will all make it an ideal safe-haven stock in an inflationary market.</p><p><blockquote>Verizon稳定的回报、粘性生态系统、高股息和低估值都将使其成为通胀市场中理想的避险股票。</blockquote></p><p> <b>3. Qualcomm</b></p><p><blockquote><b>3.高通</b></blockquote></p><p> <b>Qualcomm</b>, one of the world's largest mobile chipmakers, pays a forward dividend yield of 1.5%. It's raised its annual payout over the past two years, and it's only spent about a third of its earnings on its dividends over the past 12 months.</p><p><blockquote><b>Qualcomm</b>是全球最大的移动芯片制造商之一，支付1.5%的远期股息率。过去两年，该公司提高了年度派息，而过去12个月，该公司仅将收益的三分之一左右用于股息。</blockquote></p><p> Qualcomm's two main businesses are both well-insulated from inflation. Its Snapdragon system on chips (SoCs), which bundle together a mobile CPU, GPU, and baseband modem, power most of the world's high-end smartphones. They can also be found in&nbsp;virtual reality headsets, cars, and drones. The secular growth of those markets will give Qualcomm plenty of pricing power.</p><p><blockquote>高通的两项主要业务都很好地抵御了通货膨胀。其骁龙片上系统（SoC）将移动CPU、GPU和基带调制解调器捆绑在一起，为世界上大多数高端智能手机提供动力。它们也可以在虚拟现实耳机、汽车和无人机中找到。这些市场的长期增长将赋予高通充足的定价权。</blockquote></p><p> Its licensing business, which leverages its portfolio of wireless patents to earn a cut of every smartphone sold worldwide, also generates a stable stream of high-margin revenue. It then plows a large portion of that excess cash into big buybacks and dividends.</p><p><blockquote>其授权业务利用其无线专利组合从全球销售的每部智能手机中赚取分成，也产生了稳定的高利润收入流。然后，它将大部分多余现金投入到大规模回购和股息中。</blockquote></p><p> Qualcomm's stock has already risen more than 200% as investors have recognized those long-term strengths, but it still looks cheap at 17 times forward earnings.</p><p><blockquote>随着投资者认识到这些长期优势，高通的股价已经上涨了200%以上，但预计市盈率为17倍，看起来仍然很便宜。</blockquote></p><p> <b>4. Texas Instruments</b></p><p><blockquote><b>4.德州仪器</b></blockquote></p><p> <b>Texas Instruments</b>&nbsp;manufactures a wide range of analog and embedded chips for consumer electronics, cars, industrial machines, and other markets. These chips aren't as powerful as Qualcomm's mobile chips, but they're just as essential and less capital-intensive to produce.</p><p><blockquote><b>德州仪器</b>为消费电子、汽车、工业机器和其他市场制造各种模拟和嵌入式芯片。这些芯片不如高通的移动芯片强大，但它们同样重要，生产资本密集度更低。</blockquote></p><p> Unlike Qualcomm, which outsources the production of its chips to third-party foundries, TI manufactures its own chips in-house. That business model insulates it from the ongoing chip shortage, and its cost-cutting migration from 200mm to 300mm wafers over the past few years enabled it to significantly reduce its own manufacturing costs and boost its gross margins.</p><p><blockquote>与将芯片生产外包给第三方代工厂的高通不同，TI在内部制造自己的芯片。这种商业模式使其免受持续芯片短缺的影响，过去几年其从200毫米晶圆到300毫米晶圆的成本削减迁移使其能够显着降低自身制造成本并提高毛利率。</blockquote></p><p></p><p> TI's business is naturally resistant to inflation since it has much better control over its own supply chain and operating expenses than other chipmakers, and it generates plenty of excess cash for buybacks and dividends. It reduced its number of outstanding shares by 46% between 2004 and 2020, and it's raised its dividend annually for 18 straight years. It currently pays a forward dividend yield of 2.4%, which is supported by a sustainable payout ratio of 52%.</p><p><blockquote>TI的业务自然能够抵抗通货膨胀，因为它比其他芯片制造商更好地控制自己的供应链和运营费用，并且它产生大量多余现金用于回购和股息。2004年至2020年间，该公司已发行股票数量减少了46%，并连续18年每年提高股息。它目前支付2.4%的远期股息收益率，并得到52%的可持续派息率的支持。</blockquote></p><p> TI's stock has more than doubled over the past three years, but it still trades at 23 times forward earnings. That reasonable valuation, along with its healthy yield and stable business, makes TI a reliable and inflation-resistant tech stock.</p><p><blockquote>TI的股价在过去三年中上涨了一倍多，但其预期市盈率仍为23倍。合理的估值，加上其健康的收益率和稳定的业务，使TI成为一只可靠且抗通胀的科技股。</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>4 of the Safest Dividend Stocks That'll Help You Crush Inflation<blockquote>4只最安全的股息股票将帮助您抑制通货膨胀</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\">\n4 of the Safest Dividend Stocks That'll Help You Crush Inflation<blockquote>4只最安全的股息股票将帮助您抑制通货膨胀</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\">2021-12-07 16:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Rising inflation is wreaking havoc on many high-growth stocks as investors fret over higher costs and reduced future valuations. Higher interest rates, which counter inflation, are also sparking fears of an economic slowdown and causing investors to rotate from dividend stocks toward lower-risk bonds.</p><p><blockquote>由于投资者担心成本上升和未来估值下降，通胀上升正在对许多高增长股票造成严重破坏。对抗通胀的利率上升也引发了人们对经济放缓的担忧，并导致投资者从股息股票转向风险较低的债券。</blockquote></p><p> Faced with&nbsp;these challenges, it might seem like a bad idea to buy dividend-paying tech stocks. However, these four tech dividend stocks should remain resilient and easily withstand the upcoming inflation-related challenges.</p><p><blockquote>面对这些挑战，购买派息科技股似乎是个坏主意。然而，这四只科技股息股应该保持弹性，并轻松抵御即将到来的通胀相关挑战。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3710057a11169b9e18f5bf46888ca7fb\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Apple.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：苹果。</span></p></blockquote></p><p> <b>1. Apple</b></p><p><blockquote><b>1.苹果</b></blockquote></p><p> <b>Apple</b>&nbsp;only pays a forward dividend yield of 0.5%, but its lowpayout ratioof 15% indicates there's still plenty of room for much higher payments. Apple's stock price has risen nearly 270% over the past three years, but it still doesn't look terribly expensive at 29 times forward earnings.</p><p><blockquote><b>苹果</b>仅支付0.5%的远期股息收益率，但其15%的低派息率表明仍有很大的空间来支付更高的股息。苹果的股价在过去三年里上涨了近270%，但29倍的预期市盈率看起来仍然不是很贵。</blockquote></p><p> Apple is an inflation-resistant company for two simple reasons. First, it has the clout to negotiate more favorable prices from its suppliers. Second, it probably won't lose a lot of its loyal customers if it charges higher prices for its hardware since they're already firmly locked into its software ecosystem.</p><p><blockquote>苹果是一家抗通胀公司，原因很简单，有两个。首先，它有能力从供应商那里谈判更优惠的价格。其次，如果它对硬件收取更高的价格，它可能不会失去很多忠实客户，因为他们已经牢牢地锁定在其软件生态系统中。</blockquote></p><p> Apple has also consistently executed big stock buybacks, which have reduced its outstanding shares by nearly 22% over the past five years. Spending more cash on those buybacks, which boosts the value of its remaining shares, is a better strategy than letting its cash stagnate in an inflationary environment.</p><p><blockquote>苹果还持续执行大规模股票回购，过去五年使其流通股减少了近22%。在这些回购上花费更多现金，从而提高其剩余股票的价值，是比让现金在通胀环境中停滞不前更好的策略。</blockquote></p><p> Apple will face a&nbsp;near-term slowdown&nbsp;as it grapples with supply chain constraints, but its long-term outlook is still bright. Its services ecosystem continues to expand, and it will eventually expand into new next-gen markets like augmented reality, virtual reality, and connected cars.</p><p><blockquote>由于努力应对供应链限制，苹果将面临近期经济放缓，但其长期前景仍然光明。其服务生态系统不断扩展，最终将扩展到增强现实、虚拟现实和联网汽车等新的下一代市场。</blockquote></p><p> <b>2. Verizon</b></p><p><blockquote><b>2.威瑞森</b></blockquote></p><p> <b>Verizon</b>&nbsp;pays a forward dividend yield of 5%. The telecom giant has raised that dividend annually for 15 straight years, and it's spent less than half of its earnings per share on those payments over the past 12 months. The stock also trades at just nine times forward earnings.</p><p><blockquote><b>Verizon</b>支付5%的远期股息率。这家电信巨头已连续15年每年提高股息，在过去12个月里，它在这些支付上的支出不到每股收益的一半。该股的预期市盈率也仅为九倍。</blockquote></p><p> At first glance, Verizon seems like a lackluster investment. It's declined more than 10% over the past three years as the&nbsp;<b>S&amp;P 500</b>&nbsp;has risen nearly 70%.</p><p><blockquote>乍一看，Verizon似乎是一项乏善可陈的投资。过去三年下降了10%以上<b>标普500</b>已上涨近70%。</blockquote></p><p> However, Verizon's stock will likely remain stable as rising inflation and higher interest rates rattle the markets. As the largest wireless carrier in the U.S., Verizon can likely pass on most of its higher costs onto consumers without significantly increasing its churn rates. It's also a more streamlined company than&nbsp;<b>AT&amp;T</b>, which is still trying toundo the damageof the debt-fueled expansions of its media and pay-TV ecosystems.</p><p><blockquote>然而，随着通胀上升和利率上升扰乱市场，Verizon的股价可能会保持稳定。作为美国最大的无线运营商，Verizon可能会将大部分较高的成本转嫁给消费者，而不会显着增加其流失率。它也是一家比<b>AT&amp;T</b>该公司仍在努力弥补债务推动的媒体和付费电视生态系统扩张造成的损害。</blockquote></p><p> Verizon's stable returns, sticky ecosystem, high dividend, and low valuation will all make it an ideal safe-haven stock in an inflationary market.</p><p><blockquote>Verizon稳定的回报、粘性生态系统、高股息和低估值都将使其成为通胀市场中理想的避险股票。</blockquote></p><p> <b>3. Qualcomm</b></p><p><blockquote><b>3.高通</b></blockquote></p><p> <b>Qualcomm</b>, one of the world's largest mobile chipmakers, pays a forward dividend yield of 1.5%. It's raised its annual payout over the past two years, and it's only spent about a third of its earnings on its dividends over the past 12 months.</p><p><blockquote><b>Qualcomm</b>是全球最大的移动芯片制造商之一，支付1.5%的远期股息率。过去两年，该公司提高了年度派息，而过去12个月，该公司仅将收益的三分之一左右用于股息。</blockquote></p><p> Qualcomm's two main businesses are both well-insulated from inflation. Its Snapdragon system on chips (SoCs), which bundle together a mobile CPU, GPU, and baseband modem, power most of the world's high-end smartphones. They can also be found in&nbsp;virtual reality headsets, cars, and drones. The secular growth of those markets will give Qualcomm plenty of pricing power.</p><p><blockquote>高通的两项主要业务都很好地抵御了通货膨胀。其骁龙片上系统（SoC）将移动CPU、GPU和基带调制解调器捆绑在一起，为世界上大多数高端智能手机提供动力。它们也可以在虚拟现实耳机、汽车和无人机中找到。这些市场的长期增长将赋予高通充足的定价权。</blockquote></p><p> Its licensing business, which leverages its portfolio of wireless patents to earn a cut of every smartphone sold worldwide, also generates a stable stream of high-margin revenue. It then plows a large portion of that excess cash into big buybacks and dividends.</p><p><blockquote>其授权业务利用其无线专利组合从全球销售的每部智能手机中赚取分成，也产生了稳定的高利润收入流。然后，它将大部分多余现金投入到大规模回购和股息中。</blockquote></p><p> Qualcomm's stock has already risen more than 200% as investors have recognized those long-term strengths, but it still looks cheap at 17 times forward earnings.</p><p><blockquote>随着投资者认识到这些长期优势，高通的股价已经上涨了200%以上，但预计市盈率为17倍，看起来仍然很便宜。</blockquote></p><p> <b>4. Texas Instruments</b></p><p><blockquote><b>4.德州仪器</b></blockquote></p><p> <b>Texas Instruments</b>&nbsp;manufactures a wide range of analog and embedded chips for consumer electronics, cars, industrial machines, and other markets. These chips aren't as powerful as Qualcomm's mobile chips, but they're just as essential and less capital-intensive to produce.</p><p><blockquote><b>德州仪器</b>为消费电子、汽车、工业机器和其他市场制造各种模拟和嵌入式芯片。这些芯片不如高通的移动芯片强大，但它们同样重要，生产资本密集度更低。</blockquote></p><p> Unlike Qualcomm, which outsources the production of its chips to third-party foundries, TI manufactures its own chips in-house. That business model insulates it from the ongoing chip shortage, and its cost-cutting migration from 200mm to 300mm wafers over the past few years enabled it to significantly reduce its own manufacturing costs and boost its gross margins.</p><p><blockquote>与将芯片生产外包给第三方代工厂的高通不同，TI在内部制造自己的芯片。这种商业模式使其免受持续芯片短缺的影响，过去几年其从200毫米晶圆到300毫米晶圆的成本削减迁移使其能够显着降低自身制造成本并提高毛利率。</blockquote></p><p></p><p> TI's business is naturally resistant to inflation since it has much better control over its own supply chain and operating expenses than other chipmakers, and it generates plenty of excess cash for buybacks and dividends. It reduced its number of outstanding shares by 46% between 2004 and 2020, and it's raised its dividend annually for 18 straight years. It currently pays a forward dividend yield of 2.4%, which is supported by a sustainable payout ratio of 52%.</p><p><blockquote>TI的业务自然能够抵抗通货膨胀，因为它比其他芯片制造商更好地控制自己的供应链和运营费用，并且它产生大量多余现金用于回购和股息。2004年至2020年间，该公司已发行股票数量减少了46%，并连续18年每年提高股息。它目前支付2.4%的远期股息收益率，并得到52%的可持续派息率的支持。</blockquote></p><p> TI's stock has more than doubled over the past three years, but it still trades at 23 times forward earnings. That reasonable valuation, along with its healthy yield and stable business, makes TI a reliable and inflation-resistant tech stock.</p><p><blockquote>TI的股价在过去三年中上涨了一倍多，但其预期市盈率仍为23倍。合理的估值，加上其健康的收益率和稳定的业务，使TI成为一只可靠且抗通胀的科技股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/06/safe-dividend-stocks-that-help-crush-inflation/\">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":{"QCOM":"高通","AAPL":"苹果","TXN":"德州仪器","VZ":"Verizon Comms"},"source_url":"https://www.fool.com/investing/2021/12/06/safe-dividend-stocks-that-help-crush-inflation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153880755","content_text":"Rising inflation is wreaking havoc on many high-growth stocks as investors fret over higher costs and reduced future valuations. Higher interest rates, which counter inflation, are also sparking fears of an economic slowdown and causing investors to rotate from dividend stocks toward lower-risk bonds.\nFaced with these challenges, it might seem like a bad idea to buy dividend-paying tech stocks. However, these four tech dividend stocks should remain resilient and easily withstand the upcoming inflation-related challenges.\nImage source: Apple.\n1. Apple\nApple only pays a forward dividend yield of 0.5%, but its lowpayout ratioof 15% indicates there's still plenty of room for much higher payments. Apple's stock price has risen nearly 270% over the past three years, but it still doesn't look terribly expensive at 29 times forward earnings.\nApple is an inflation-resistant company for two simple reasons. First, it has the clout to negotiate more favorable prices from its suppliers. Second, it probably won't lose a lot of its loyal customers if it charges higher prices for its hardware since they're already firmly locked into its software ecosystem.\nApple has also consistently executed big stock buybacks, which have reduced its outstanding shares by nearly 22% over the past five years. Spending more cash on those buybacks, which boosts the value of its remaining shares, is a better strategy than letting its cash stagnate in an inflationary environment.\nApple will face a near-term slowdown as it grapples with supply chain constraints, but its long-term outlook is still bright. Its services ecosystem continues to expand, and it will eventually expand into new next-gen markets like augmented reality, virtual reality, and connected cars.\n2. Verizon\nVerizon pays a forward dividend yield of 5%. The telecom giant has raised that dividend annually for 15 straight years, and it's spent less than half of its earnings per share on those payments over the past 12 months. The stock also trades at just nine times forward earnings.\nAt first glance, Verizon seems like a lackluster investment. It's declined more than 10% over the past three years as the S&P 500 has risen nearly 70%.\nHowever, Verizon's stock will likely remain stable as rising inflation and higher interest rates rattle the markets. As the largest wireless carrier in the U.S., Verizon can likely pass on most of its higher costs onto consumers without significantly increasing its churn rates. It's also a more streamlined company than AT&T, which is still trying toundo the damageof the debt-fueled expansions of its media and pay-TV ecosystems.\nVerizon's stable returns, sticky ecosystem, high dividend, and low valuation will all make it an ideal safe-haven stock in an inflationary market.\n3. Qualcomm\nQualcomm, one of the world's largest mobile chipmakers, pays a forward dividend yield of 1.5%. It's raised its annual payout over the past two years, and it's only spent about a third of its earnings on its dividends over the past 12 months.\nQualcomm's two main businesses are both well-insulated from inflation. Its Snapdragon system on chips (SoCs), which bundle together a mobile CPU, GPU, and baseband modem, power most of the world's high-end smartphones. They can also be found in virtual reality headsets, cars, and drones. The secular growth of those markets will give Qualcomm plenty of pricing power.\nIts licensing business, which leverages its portfolio of wireless patents to earn a cut of every smartphone sold worldwide, also generates a stable stream of high-margin revenue. It then plows a large portion of that excess cash into big buybacks and dividends.\nQualcomm's stock has already risen more than 200% as investors have recognized those long-term strengths, but it still looks cheap at 17 times forward earnings.\n4. Texas Instruments\nTexas Instruments manufactures a wide range of analog and embedded chips for consumer electronics, cars, industrial machines, and other markets. These chips aren't as powerful as Qualcomm's mobile chips, but they're just as essential and less capital-intensive to produce.\nUnlike Qualcomm, which outsources the production of its chips to third-party foundries, TI manufactures its own chips in-house. That business model insulates it from the ongoing chip shortage, and its cost-cutting migration from 200mm to 300mm wafers over the past few years enabled it to significantly reduce its own manufacturing costs and boost its gross margins.\nTI's business is naturally resistant to inflation since it has much better control over its own supply chain and operating expenses than other chipmakers, and it generates plenty of excess cash for buybacks and dividends. It reduced its number of outstanding shares by 46% between 2004 and 2020, and it's raised its dividend annually for 18 straight years. It currently pays a forward dividend yield of 2.4%, which is supported by a sustainable payout ratio of 52%.\nTI's stock has more than doubled over the past three years, but it still trades at 23 times forward earnings. That reasonable valuation, along with its healthy yield and stable business, makes TI a reliable and inflation-resistant tech stock.","news_type":1,"symbols_score_info":{"AAPL":0.9,"TXN":0.9,"QCOM":0.9,"VZ":0.9}},"isVote":1,"tweetType":1,"viewCount":3294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606105976,"gmtCreate":1638840039630,"gmtModify":1638840040454,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F03.SI\">$FOOD EMPIRE HOLDINGS LIMITED(F03.SI)$</a>Profit looks good progressing&nbsp;","listText":"<a href=\"https://laohu8.com/S/F03.SI\">$FOOD EMPIRE HOLDINGS LIMITED(F03.SI)$</a>Profit looks good progressing&nbsp;","text":"$FOOD EMPIRE HOLDINGS LIMITED(F03.SI)$Profit looks good progressing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606105976","isVote":1,"tweetType":1,"viewCount":3592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606372284,"gmtCreate":1638839186543,"gmtModify":1638839187382,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>Stagnant 😅","listText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>Stagnant 😅","text":"$SHENG SIONG GROUP LTD(OV8.SI)$Stagnant 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/606372284","isVote":1,"tweetType":1,"viewCount":4171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606372934,"gmtCreate":1638839160512,"gmtModify":1638839161369,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5UF.SI\">$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$</a>Your value more above ! Come on&nbsp;","listText":"<a href=\"https://laohu8.com/S/5UF.SI\">$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$</a>Your value more above ! Come on&nbsp;","text":"$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$Your value more above ! Come on","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606372934","isVote":1,"tweetType":1,"viewCount":5238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608253236,"gmtCreate":1638751592010,"gmtModify":1638751592397,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"The retail is chasing another to the moon 😅","listText":"The retail is chasing another to the moon 😅","text":"The retail is chasing another to the moon 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/608253236","repostId":"2188576130","repostType":4,"isVote":1,"tweetType":1,"viewCount":3788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601181433,"gmtCreate":1638497874138,"gmtModify":1638497874602,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5UF.SI\">$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$</a>Why suspended today ?","listText":"<a href=\"https://laohu8.com/S/5UF.SI\">$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$</a>Why suspended today ?","text":"$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$Why suspended today ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601181433","isVote":1,"tweetType":1,"viewCount":1681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871162102,"gmtCreate":1637038087897,"gmtModify":1637038088249,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/871162102","repostId":"1116429379","repostType":4,"repost":{"id":"1116429379","kind":"news","pubTimestamp":1637033648,"share":"https://www.laohu8.com/m/news/1116429379?lang=zh_CN&edition=full","pubTime":"2021-11-16 11:34","market":"us","language":"en","title":"Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%<blockquote>出售苹果公司？为什么这位专家认为苹果股价下跌12%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116429379","media":"Thestreet","summary":"As Apple stock(AAPL) continues to hover around $150 apiece, one of the few skeptics on Wall Street h","content":"<p>As Apple stock(<b>AAPL</b>)&nbsp;continues to hover around $150 apiece, one of the few skeptics on Wall Street has just published his most updated report. In it, he reinforced the idea that AAPL should be worth only $132, suggesting that shares have 12% of downside risk from here.</p><p><blockquote>作为苹果股票(<b>AAPL</b>）继续徘徊在150美元左右，华尔街为数不多的怀疑论者之一刚刚发布了他的最新报告。在其中，他强化了AAPL的价值应该仅为132美元的观点，表明其股价从现在开始有12%的下行风险。</blockquote></p><p> Today, the Apple Maven revisits Bernstein’s Toni Sacconaghi’s mildly bearish case.</p><p><blockquote>今天，这位苹果专家重温了Bernstein的托尼·萨科纳吉(Toni Sacconaghi)温和悲观的观点。</blockquote></p><p> The not-so-bullish case</p><p><blockquote>不那么乐观的情况</blockquote></p><p> Mr. Sacconaghi has been cautious of AAPL since he&nbsp;downgraded&nbsp;the stock to neutral, in February 2018. The timing of his move did not prove to be the best, as Apple shares have climbed a whopping 285% in less than four years against the S&amp;P 500’s 85% gains. However, the analyst has also helped AAPL investors think of the devil’s advocate argument.</p><p><blockquote>自2018年2月将AAPL股票评级下调至中性以来，萨科纳吉先生一直对该股持谨慎态度。事实证明，他此举的时机并不是最好的，因为苹果股价在不到四年的时间里上涨了285%，而标普500的涨幅为85%。然而，这位分析师也帮助苹果公司投资者思考了魔鬼代言人的论点。</blockquote></p><p> In August, I&nbsp;reviewed Bernstein’s thesis&nbsp;in more detail. For the short term, the bank’s research team was concerned that Apple stock had climbed too fast in the first half of the year, ahead of a set of earnings seasons in which Apple would face tough comps.</p><p><blockquote>8月，我更详细地回顾了伯恩斯坦的论文。短期而言，该银行的研究团队担心苹果股价在今年上半年上涨过快，而苹果将在一系列财报季中面临严峻的竞争。</blockquote></p><p> Also, Toni has mentioned valuations as a key risk. While he believes that AAPL should be valued at a higher multiple than the S&amp;P 500, the analyst questions how much is too much. Bernstein’s target P/E of 25 times is one to two turns lower than where the multiple is today.</p><p><blockquote>此外，托尼提到估值是一个关键风险。虽然他认为苹果公司的估值应该高于标普500，但分析师质疑多少才算过高。伯恩斯坦的目标市盈率为25倍，比目前的市盈率低一到两倍。</blockquote></p><p> Add App Store to the list</p><p><blockquote>将App Store添加到列表</blockquote></p><p> Now, the analyst has&nbsp;added&nbsp;one item to the list of worries: the App Store. Sacconaghi pointed out that a recent court loss will likely mean that payments will be allowed to be made outside the App Store platform in the US, starting as early as next month.</p><p><blockquote>现在，这位分析师在担忧清单上增加了一项：应用商店。萨科纳吉指出，最近的法庭败诉可能意味着最早从下个月开始，美国将允许在App Store平台之外进行支付。</blockquote></p><p> Bernstein’s expert has done the math. He estimates that nearly one-third of App Store revenues come from the United States. If the App Store accounts for 6% and 15% of total company sales and op profits, respectively, the payment issue could impact 2% of Apple’s revenues and 5% of op profits per year.</p><p><blockquote>伯恩斯坦的专家已经计算过了。他估计，App Store近三分之一的收入来自美国。如果App Store分别占公司总销售额和op利润的6%和15%，那么支付问题可能会影响苹果每年2%的收入和5%的op利润。</blockquote></p><p> Apple Maven’s take</p><p><blockquote>苹果·梅文的看法</blockquote></p><p> Regarding Toni’s earlier concerns, I believe that the risks have decreased substantially since AAPL peaked, in early September. Since then, investors have had time to fully embrace the more challenging late 2021-to-early 2022 period of tough comps and supply chain constraints.As I mentioned not long ago, valuations have de-risked to more reasonable levels.</p><p><blockquote>关于托尼之前的担忧，我认为自AAPL于9月初见顶以来，风险已大幅降低。从那时起，投资者有时间充分迎接2021年底至2022年初更具挑战性的艰难竞争和供应链限制时期。正如我不久前提到的，估值已经降低到更合理的水平。</blockquote></p><p> Regarding the App Store, I have slowly&nbsp;shifted from more to less concerned&nbsp;about the financial impact. Morgan Stanley’s Katy Huberty has argued that App Store policy changes could shave a maximum of 1% or 2% of Apple’s EPS, which is not much at all.</p><p><blockquote>关于App Store，我已经慢慢地从更关心财务影响转向不太关心。Morgan Stanley的Katy Huberty认为，应用商店政策的变化最多可能会使苹果的每股收益减少1%或2%，这并不多。</blockquote></p><p> Even Sacconaghi’s estimates of the financial risk only represents the worst-case scenario. In reality, much less than 2% of Apple’s revenues and 5% of op profits will likely end up being cut as a result of the App Store’s payment changes, as many users will continue to choose Apple as their payment platform of choice.</p><p><blockquote>即使是萨科纳吉对金融风险的估计也只代表了最坏的情况。事实上，由于App Store的支付变化，苹果收入的2%和运营利润的5%可能最终会被削减，因为许多用户将继续选择苹果作为他们的首选支付平台。</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>Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%<blockquote>出售苹果公司？为什么这位专家认为苹果股价下跌12%</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\">\nSell AAPL? Why This Expert Sees Apple Stock Dipping 12%<blockquote>出售苹果公司？为什么这位专家认为苹果股价下跌12%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-11-16 11:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As Apple stock(<b>AAPL</b>)&nbsp;continues to hover around $150 apiece, one of the few skeptics on Wall Street has just published his most updated report. In it, he reinforced the idea that AAPL should be worth only $132, suggesting that shares have 12% of downside risk from here.</p><p><blockquote>作为苹果股票(<b>AAPL</b>）继续徘徊在150美元左右，华尔街为数不多的怀疑论者之一刚刚发布了他的最新报告。在其中，他强化了AAPL的价值应该仅为132美元的观点，表明其股价从现在开始有12%的下行风险。</blockquote></p><p> Today, the Apple Maven revisits Bernstein’s Toni Sacconaghi’s mildly bearish case.</p><p><blockquote>今天，这位苹果专家重温了Bernstein的托尼·萨科纳吉(Toni Sacconaghi)温和悲观的观点。</blockquote></p><p> The not-so-bullish case</p><p><blockquote>不那么乐观的情况</blockquote></p><p> Mr. Sacconaghi has been cautious of AAPL since he&nbsp;downgraded&nbsp;the stock to neutral, in February 2018. The timing of his move did not prove to be the best, as Apple shares have climbed a whopping 285% in less than four years against the S&amp;P 500’s 85% gains. However, the analyst has also helped AAPL investors think of the devil’s advocate argument.</p><p><blockquote>自2018年2月将AAPL股票评级下调至中性以来，萨科纳吉先生一直对该股持谨慎态度。事实证明，他此举的时机并不是最好的，因为苹果股价在不到四年的时间里上涨了285%，而标普500的涨幅为85%。然而，这位分析师也帮助苹果公司投资者思考了魔鬼代言人的论点。</blockquote></p><p> In August, I&nbsp;reviewed Bernstein’s thesis&nbsp;in more detail. For the short term, the bank’s research team was concerned that Apple stock had climbed too fast in the first half of the year, ahead of a set of earnings seasons in which Apple would face tough comps.</p><p><blockquote>8月，我更详细地回顾了伯恩斯坦的论文。短期而言，该银行的研究团队担心苹果股价在今年上半年上涨过快，而苹果将在一系列财报季中面临严峻的竞争。</blockquote></p><p> Also, Toni has mentioned valuations as a key risk. While he believes that AAPL should be valued at a higher multiple than the S&amp;P 500, the analyst questions how much is too much. Bernstein’s target P/E of 25 times is one to two turns lower than where the multiple is today.</p><p><blockquote>此外，托尼提到估值是一个关键风险。虽然他认为苹果公司的估值应该高于标普500，但分析师质疑多少才算过高。伯恩斯坦的目标市盈率为25倍，比目前的市盈率低一到两倍。</blockquote></p><p> Add App Store to the list</p><p><blockquote>将App Store添加到列表</blockquote></p><p> Now, the analyst has&nbsp;added&nbsp;one item to the list of worries: the App Store. Sacconaghi pointed out that a recent court loss will likely mean that payments will be allowed to be made outside the App Store platform in the US, starting as early as next month.</p><p><blockquote>现在，这位分析师在担忧清单上增加了一项：应用商店。萨科纳吉指出，最近的法庭败诉可能意味着最早从下个月开始，美国将允许在App Store平台之外进行支付。</blockquote></p><p> Bernstein’s expert has done the math. He estimates that nearly one-third of App Store revenues come from the United States. If the App Store accounts for 6% and 15% of total company sales and op profits, respectively, the payment issue could impact 2% of Apple’s revenues and 5% of op profits per year.</p><p><blockquote>伯恩斯坦的专家已经计算过了。他估计，App Store近三分之一的收入来自美国。如果App Store分别占公司总销售额和op利润的6%和15%，那么支付问题可能会影响苹果每年2%的收入和5%的op利润。</blockquote></p><p> Apple Maven’s take</p><p><blockquote>苹果·梅文的看法</blockquote></p><p> Regarding Toni’s earlier concerns, I believe that the risks have decreased substantially since AAPL peaked, in early September. Since then, investors have had time to fully embrace the more challenging late 2021-to-early 2022 period of tough comps and supply chain constraints.As I mentioned not long ago, valuations have de-risked to more reasonable levels.</p><p><blockquote>关于托尼之前的担忧，我认为自AAPL于9月初见顶以来，风险已大幅降低。从那时起，投资者有时间充分迎接2021年底至2022年初更具挑战性的艰难竞争和供应链限制时期。正如我不久前提到的，估值已经降低到更合理的水平。</blockquote></p><p> Regarding the App Store, I have slowly&nbsp;shifted from more to less concerned&nbsp;about the financial impact. Morgan Stanley’s Katy Huberty has argued that App Store policy changes could shave a maximum of 1% or 2% of Apple’s EPS, which is not much at all.</p><p><blockquote>关于App Store，我已经慢慢地从更关心财务影响转向不太关心。Morgan Stanley的Katy Huberty认为，应用商店政策的变化最多可能会使苹果的每股收益减少1%或2%，这并不多。</blockquote></p><p> Even Sacconaghi’s estimates of the financial risk only represents the worst-case scenario. In reality, much less than 2% of Apple’s revenues and 5% of op profits will likely end up being cut as a result of the App Store’s payment changes, as many users will continue to choose Apple as their payment platform of choice.</p><p><blockquote>即使是萨科纳吉对金融风险的估计也只代表了最坏的情况。事实上，由于App Store的支付变化，苹果收入的2%和运营利润的5%可能最终会被削减，因为许多用户将继续选择苹果作为他们的首选支付平台。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/sell-aapl-why-this-expert-sees-apple-stock-dipping-12\">Thestreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/sell-aapl-why-this-expert-sees-apple-stock-dipping-12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116429379","content_text":"As Apple stock(AAPL) continues to hover around $150 apiece, one of the few skeptics on Wall Street has just published his most updated report. In it, he reinforced the idea that AAPL should be worth only $132, suggesting that shares have 12% of downside risk from here.\nToday, the Apple Maven revisits Bernstein’s Toni Sacconaghi’s mildly bearish case.\nThe not-so-bullish case\nMr. Sacconaghi has been cautious of AAPL since he downgraded the stock to neutral, in February 2018. The timing of his move did not prove to be the best, as Apple shares have climbed a whopping 285% in less than four years against the S&P 500’s 85% gains. However, the analyst has also helped AAPL investors think of the devil’s advocate argument.\nIn August, I reviewed Bernstein’s thesis in more detail. For the short term, the bank’s research team was concerned that Apple stock had climbed too fast in the first half of the year, ahead of a set of earnings seasons in which Apple would face tough comps.\nAlso, Toni has mentioned valuations as a key risk. While he believes that AAPL should be valued at a higher multiple than the S&P 500, the analyst questions how much is too much. Bernstein’s target P/E of 25 times is one to two turns lower than where the multiple is today.\nAdd App Store to the list\nNow, the analyst has added one item to the list of worries: the App Store. Sacconaghi pointed out that a recent court loss will likely mean that payments will be allowed to be made outside the App Store platform in the US, starting as early as next month.\nBernstein’s expert has done the math. He estimates that nearly one-third of App Store revenues come from the United States. If the App Store accounts for 6% and 15% of total company sales and op profits, respectively, the payment issue could impact 2% of Apple’s revenues and 5% of op profits per year.\nApple Maven’s take\nRegarding Toni’s earlier concerns, I believe that the risks have decreased substantially since AAPL peaked, in early September. Since then, investors have had time to fully embrace the more challenging late 2021-to-early 2022 period of tough comps and supply chain constraints.As I mentioned not long ago, valuations have de-risked to more reasonable levels.\nRegarding the App Store, I have slowly shifted from more to less concerned about the financial impact. Morgan Stanley’s Katy Huberty has argued that App Store policy changes could shave a maximum of 1% or 2% of Apple’s EPS, which is not much at all.\nEven Sacconaghi’s estimates of the financial risk only represents the worst-case scenario. In reality, much less than 2% of Apple’s revenues and 5% of op profits will likely end up being cut as a result of the App Store’s payment changes, as many users will continue to choose Apple as their payment platform of choice.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879488228,"gmtCreate":1636763752426,"gmtModify":1636763752892,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"He wants to cash in the profit&nbsp;too&nbsp;","listText":"He wants to cash in the profit&nbsp;too&nbsp;","text":"He wants to cash in the profit 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wants to cash in the profit&nbsp;too&nbsp;","text":"He wants to cash in the profit too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":10,"repostSize":0,"link":"https://laohu8.com/post/879488228","repostId":"1169510701","repostType":4,"isVote":1,"tweetType":1,"viewCount":1349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844634027,"gmtCreate":1636421224453,"gmtModify":1636421225849,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Jiayou&nbsp;","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Jiayou&nbsp;","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$Jiayou","images":[{"img":"https://static.tigerbbs.com/3c8700b5af863b6265219ae347605b15","width":"750","height":"1174"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/844634027","isVote":1,"tweetType":1,"viewCount":1461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":699167151,"gmtCreate":1639757014075,"gmtModify":1639757276316,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Keep on buying at low and hodl 😂","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Keep on buying at low and hodl 😂","text":"$Tiger Brokers(TIGR)$Keep on buying at low and hodl 😂","images":[{"img":"https://static.tigerbbs.com/8e5a8545fa88d0d619ab808358f8e960","width":"750","height":"1819"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/699167151","isVote":1,"tweetType":1,"viewCount":3149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":871162102,"gmtCreate":1637038087897,"gmtModify":1637038088249,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/871162102","repostId":"1116429379","repostType":4,"repost":{"id":"1116429379","kind":"news","pubTimestamp":1637033648,"share":"https://www.laohu8.com/m/news/1116429379?lang=zh_CN&edition=full","pubTime":"2021-11-16 11:34","market":"us","language":"en","title":"Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%<blockquote>出售苹果公司？为什么这位专家认为苹果股价下跌12%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116429379","media":"Thestreet","summary":"As Apple stock(AAPL) continues to hover around $150 apiece, one of the few skeptics on Wall Street h","content":"<p>As Apple stock(<b>AAPL</b>)&nbsp;continues to hover around $150 apiece, one of the few skeptics on Wall Street has just published his most updated report. In it, he reinforced the idea that AAPL should be worth only $132, suggesting that shares have 12% of downside risk from here.</p><p><blockquote>作为苹果股票(<b>AAPL</b>）继续徘徊在150美元左右，华尔街为数不多的怀疑论者之一刚刚发布了他的最新报告。在其中，他强化了AAPL的价值应该仅为132美元的观点，表明其股价从现在开始有12%的下行风险。</blockquote></p><p> Today, the Apple Maven revisits Bernstein’s Toni Sacconaghi’s mildly bearish case.</p><p><blockquote>今天，这位苹果专家重温了Bernstein的托尼·萨科纳吉(Toni Sacconaghi)温和悲观的观点。</blockquote></p><p> The not-so-bullish case</p><p><blockquote>不那么乐观的情况</blockquote></p><p> Mr. Sacconaghi has been cautious of AAPL since he&nbsp;downgraded&nbsp;the stock to neutral, in February 2018. The timing of his move did not prove to be the best, as Apple shares have climbed a whopping 285% in less than four years against the S&amp;P 500’s 85% gains. However, the analyst has also helped AAPL investors think of the devil’s advocate argument.</p><p><blockquote>自2018年2月将AAPL股票评级下调至中性以来，萨科纳吉先生一直对该股持谨慎态度。事实证明，他此举的时机并不是最好的，因为苹果股价在不到四年的时间里上涨了285%，而标普500的涨幅为85%。然而，这位分析师也帮助苹果公司投资者思考了魔鬼代言人的论点。</blockquote></p><p> In August, I&nbsp;reviewed Bernstein’s thesis&nbsp;in more detail. For the short term, the bank’s research team was concerned that Apple stock had climbed too fast in the first half of the year, ahead of a set of earnings seasons in which Apple would face tough comps.</p><p><blockquote>8月，我更详细地回顾了伯恩斯坦的论文。短期而言，该银行的研究团队担心苹果股价在今年上半年上涨过快，而苹果将在一系列财报季中面临严峻的竞争。</blockquote></p><p> Also, Toni has mentioned valuations as a key risk. While he believes that AAPL should be valued at a higher multiple than the S&amp;P 500, the analyst questions how much is too much. Bernstein’s target P/E of 25 times is one to two turns lower than where the multiple is today.</p><p><blockquote>此外，托尼提到估值是一个关键风险。虽然他认为苹果公司的估值应该高于标普500，但分析师质疑多少才算过高。伯恩斯坦的目标市盈率为25倍，比目前的市盈率低一到两倍。</blockquote></p><p> Add App Store to the list</p><p><blockquote>将App Store添加到列表</blockquote></p><p> Now, the analyst has&nbsp;added&nbsp;one item to the list of worries: the App Store. Sacconaghi pointed out that a recent court loss will likely mean that payments will be allowed to be made outside the App Store platform in the US, starting as early as next month.</p><p><blockquote>现在，这位分析师在担忧清单上增加了一项：应用商店。萨科纳吉指出，最近的法庭败诉可能意味着最早从下个月开始，美国将允许在App Store平台之外进行支付。</blockquote></p><p> Bernstein’s expert has done the math. He estimates that nearly one-third of App Store revenues come from the United States. If the App Store accounts for 6% and 15% of total company sales and op profits, respectively, the payment issue could impact 2% of Apple’s revenues and 5% of op profits per year.</p><p><blockquote>伯恩斯坦的专家已经计算过了。他估计，App Store近三分之一的收入来自美国。如果App Store分别占公司总销售额和op利润的6%和15%，那么支付问题可能会影响苹果每年2%的收入和5%的op利润。</blockquote></p><p> Apple Maven’s take</p><p><blockquote>苹果·梅文的看法</blockquote></p><p> Regarding Toni’s earlier concerns, I believe that the risks have decreased substantially since AAPL peaked, in early September. Since then, investors have had time to fully embrace the more challenging late 2021-to-early 2022 period of tough comps and supply chain constraints.As I mentioned not long ago, valuations have de-risked to more reasonable levels.</p><p><blockquote>关于托尼之前的担忧，我认为自AAPL于9月初见顶以来，风险已大幅降低。从那时起，投资者有时间充分迎接2021年底至2022年初更具挑战性的艰难竞争和供应链限制时期。正如我不久前提到的，估值已经降低到更合理的水平。</blockquote></p><p> Regarding the App Store, I have slowly&nbsp;shifted from more to less concerned&nbsp;about the financial impact. Morgan Stanley’s Katy Huberty has argued that App Store policy changes could shave a maximum of 1% or 2% of Apple’s EPS, which is not much at all.</p><p><blockquote>关于App Store，我已经慢慢地从更关心财务影响转向不太关心。Morgan Stanley的Katy Huberty认为，应用商店政策的变化最多可能会使苹果的每股收益减少1%或2%，这并不多。</blockquote></p><p> Even Sacconaghi’s estimates of the financial risk only represents the worst-case scenario. In reality, much less than 2% of Apple’s revenues and 5% of op profits will likely end up being cut as a result of the App Store’s payment changes, as many users will continue to choose Apple as their payment platform of choice.</p><p><blockquote>即使是萨科纳吉对金融风险的估计也只代表了最坏的情况。事实上，由于App Store的支付变化，苹果收入的2%和运营利润的5%可能最终会被削减，因为许多用户将继续选择苹果作为他们的首选支付平台。</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>Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%<blockquote>出售苹果公司？为什么这位专家认为苹果股价下跌12%</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\">\nSell AAPL? Why This Expert Sees Apple Stock Dipping 12%<blockquote>出售苹果公司？为什么这位专家认为苹果股价下跌12%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-11-16 11:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As Apple stock(<b>AAPL</b>)&nbsp;continues to hover around $150 apiece, one of the few skeptics on Wall Street has just published his most updated report. In it, he reinforced the idea that AAPL should be worth only $132, suggesting that shares have 12% of downside risk from here.</p><p><blockquote>作为苹果股票(<b>AAPL</b>）继续徘徊在150美元左右，华尔街为数不多的怀疑论者之一刚刚发布了他的最新报告。在其中，他强化了AAPL的价值应该仅为132美元的观点，表明其股价从现在开始有12%的下行风险。</blockquote></p><p> Today, the Apple Maven revisits Bernstein’s Toni Sacconaghi’s mildly bearish case.</p><p><blockquote>今天，这位苹果专家重温了Bernstein的托尼·萨科纳吉(Toni Sacconaghi)温和悲观的观点。</blockquote></p><p> The not-so-bullish case</p><p><blockquote>不那么乐观的情况</blockquote></p><p> Mr. Sacconaghi has been cautious of AAPL since he&nbsp;downgraded&nbsp;the stock to neutral, in February 2018. The timing of his move did not prove to be the best, as Apple shares have climbed a whopping 285% in less than four years against the S&amp;P 500’s 85% gains. However, the analyst has also helped AAPL investors think of the devil’s advocate argument.</p><p><blockquote>自2018年2月将AAPL股票评级下调至中性以来，萨科纳吉先生一直对该股持谨慎态度。事实证明，他此举的时机并不是最好的，因为苹果股价在不到四年的时间里上涨了285%，而标普500的涨幅为85%。然而，这位分析师也帮助苹果公司投资者思考了魔鬼代言人的论点。</blockquote></p><p> In August, I&nbsp;reviewed Bernstein’s thesis&nbsp;in more detail. For the short term, the bank’s research team was concerned that Apple stock had climbed too fast in the first half of the year, ahead of a set of earnings seasons in which Apple would face tough comps.</p><p><blockquote>8月，我更详细地回顾了伯恩斯坦的论文。短期而言，该银行的研究团队担心苹果股价在今年上半年上涨过快，而苹果将在一系列财报季中面临严峻的竞争。</blockquote></p><p> Also, Toni has mentioned valuations as a key risk. While he believes that AAPL should be valued at a higher multiple than the S&amp;P 500, the analyst questions how much is too much. Bernstein’s target P/E of 25 times is one to two turns lower than where the multiple is today.</p><p><blockquote>此外，托尼提到估值是一个关键风险。虽然他认为苹果公司的估值应该高于标普500，但分析师质疑多少才算过高。伯恩斯坦的目标市盈率为25倍，比目前的市盈率低一到两倍。</blockquote></p><p> Add App Store to the list</p><p><blockquote>将App Store添加到列表</blockquote></p><p> Now, the analyst has&nbsp;added&nbsp;one item to the list of worries: the App Store. Sacconaghi pointed out that a recent court loss will likely mean that payments will be allowed to be made outside the App Store platform in the US, starting as early as next month.</p><p><blockquote>现在，这位分析师在担忧清单上增加了一项：应用商店。萨科纳吉指出，最近的法庭败诉可能意味着最早从下个月开始，美国将允许在App Store平台之外进行支付。</blockquote></p><p> Bernstein’s expert has done the math. He estimates that nearly one-third of App Store revenues come from the United States. If the App Store accounts for 6% and 15% of total company sales and op profits, respectively, the payment issue could impact 2% of Apple’s revenues and 5% of op profits per year.</p><p><blockquote>伯恩斯坦的专家已经计算过了。他估计，App Store近三分之一的收入来自美国。如果App Store分别占公司总销售额和op利润的6%和15%，那么支付问题可能会影响苹果每年2%的收入和5%的op利润。</blockquote></p><p> Apple Maven’s take</p><p><blockquote>苹果·梅文的看法</blockquote></p><p> Regarding Toni’s earlier concerns, I believe that the risks have decreased substantially since AAPL peaked, in early September. Since then, investors have had time to fully embrace the more challenging late 2021-to-early 2022 period of tough comps and supply chain constraints.As I mentioned not long ago, valuations have de-risked to more reasonable levels.</p><p><blockquote>关于托尼之前的担忧，我认为自AAPL于9月初见顶以来，风险已大幅降低。从那时起，投资者有时间充分迎接2021年底至2022年初更具挑战性的艰难竞争和供应链限制时期。正如我不久前提到的，估值已经降低到更合理的水平。</blockquote></p><p> Regarding the App Store, I have slowly&nbsp;shifted from more to less concerned&nbsp;about the financial impact. Morgan Stanley’s Katy Huberty has argued that App Store policy changes could shave a maximum of 1% or 2% of Apple’s EPS, which is not much at all.</p><p><blockquote>关于App Store，我已经慢慢地从更关心财务影响转向不太关心。Morgan Stanley的Katy Huberty认为，应用商店政策的变化最多可能会使苹果的每股收益减少1%或2%，这并不多。</blockquote></p><p> Even Sacconaghi’s estimates of the financial risk only represents the worst-case scenario. In reality, much less than 2% of Apple’s revenues and 5% of op profits will likely end up being cut as a result of the App Store’s payment changes, as many users will continue to choose Apple as their payment platform of choice.</p><p><blockquote>即使是萨科纳吉对金融风险的估计也只代表了最坏的情况。事实上，由于App Store的支付变化，苹果收入的2%和运营利润的5%可能最终会被削减，因为许多用户将继续选择苹果作为他们的首选支付平台。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/sell-aapl-why-this-expert-sees-apple-stock-dipping-12\">Thestreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/sell-aapl-why-this-expert-sees-apple-stock-dipping-12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116429379","content_text":"As Apple stock(AAPL) continues to hover around $150 apiece, one of the few skeptics on Wall Street has just published his most updated report. In it, he reinforced the idea that AAPL should be worth only $132, suggesting that shares have 12% of downside risk from here.\nToday, the Apple Maven revisits Bernstein’s Toni Sacconaghi’s mildly bearish case.\nThe not-so-bullish case\nMr. Sacconaghi has been cautious of AAPL since he downgraded the stock to neutral, in February 2018. The timing of his move did not prove to be the best, as Apple shares have climbed a whopping 285% in less than four years against the S&P 500’s 85% gains. However, the analyst has also helped AAPL investors think of the devil’s advocate argument.\nIn August, I reviewed Bernstein’s thesis in more detail. For the short term, the bank’s research team was concerned that Apple stock had climbed too fast in the first half of the year, ahead of a set of earnings seasons in which Apple would face tough comps.\nAlso, Toni has mentioned valuations as a key risk. While he believes that AAPL should be valued at a higher multiple than the S&P 500, the analyst questions how much is too much. Bernstein’s target P/E of 25 times is one to two turns lower than where the multiple is today.\nAdd App Store to the list\nNow, the analyst has added one item to the list of worries: the App Store. Sacconaghi pointed out that a recent court loss will likely mean that payments will be allowed to be made outside the App Store platform in the US, starting as early as next month.\nBernstein’s expert has done the math. He estimates that nearly one-third of App Store revenues come from the United States. If the App Store accounts for 6% and 15% of total company sales and op profits, respectively, the payment issue could impact 2% of Apple’s revenues and 5% of op profits per year.\nApple Maven’s take\nRegarding Toni’s earlier concerns, I believe that the risks have decreased substantially since AAPL peaked, in early September. Since then, investors have had time to fully embrace the more challenging late 2021-to-early 2022 period of tough comps and supply chain constraints.As I mentioned not long ago, valuations have de-risked to more reasonable levels.\nRegarding the App Store, I have slowly shifted from more to less concerned about the financial impact. Morgan Stanley’s Katy Huberty has argued that App Store policy changes could shave a maximum of 1% or 2% of Apple’s EPS, which is not much at all.\nEven Sacconaghi’s estimates of the financial risk only represents the worst-case scenario. In reality, much less than 2% of Apple’s revenues and 5% of op profits will likely end up being cut as a result of the App Store’s payment changes, as many users will continue to choose Apple as their payment platform of choice.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":103797869,"gmtCreate":1619820842051,"gmtModify":1634209763714,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"Haha see the comments very funny, pls like n comment mine too 🤭","listText":"Haha see the comments very funny, pls like n comment mine too 🤭","text":"Haha see the comments very funny, pls like n comment mine too 🤭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/103797869","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":868209321,"gmtCreate":1632646474263,"gmtModify":1632798780915,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"Buy at a discount only for profitable companies&nbsp;","listText":"Buy at a discount only for profitable companies&nbsp;","text":"Buy at a discount only for profitable companies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/868209321","repostId":"1175726457","repostType":4,"repost":{"id":"1175726457","kind":"news","pubTimestamp":1632626757,"share":"https://www.laohu8.com/m/news/1175726457?lang=zh_CN&edition=full","pubTime":"2021-09-26 11:25","market":"hk","language":"en","title":"Opinion: Market analysts can’t agree on where stocks are going next. So double-check the data before you buy or sell<blockquote>观点：市场分析师对于股市下一步走势无法达成一致。因此，在买卖之前请仔细检查数据</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175726457","media":"Market Watch","summary":"It’s an urgent question, since the Citigroup Economic Surprise Index (CESI) has been negative for tw","content":"<p>It’s an urgent question, since the <a href=\"https://laohu8.com/S/C\">Citigroup</a> Economic Surprise Index (CESI) has been negative for two months now, following an unbroken positive stretch for more than a year. The CESI measures the extent to which the latest economic news deviates from the Wall Street consensus. The past two months of consistently negative CESI readings therefore mean that the economic news, on balance, has been worse than expected.</p><p><blockquote>这是一个紧迫的问题，因为<a href=\"https://laohu8.com/S/C\">花旗集团</a>经济意外指数（CESI）在连续一年多上涨后，已经连续两个月为负。CESI衡量最新经济消息偏离华尔街共识的程度。因此，过去两个月CESI数据持续为负，这意味着总体而言，经济消息比预期的要糟糕。</blockquote></p><p> Is it good news or bad for stock investors that recent U.S. economic news releases have been significantly worse than expected?</p><p><blockquote>近期美国经济新闻发布明显逊于预期，对股票投资者来说是好消息还是坏消息？</blockquote></p><p> The latest reading from the Citigroup Economic Surprise Index (CESI) is minus 29.2. <a href=\"https://laohu8.com/S/JE\">Just</a> 10 days ago it was even more negative, at minus 61.7. Its average over the last 18 years is 4.6.</p><p><blockquote>花旗集团经济意外指数（CESI）的最新读数为负29.2。<a href=\"https://laohu8.com/S/JE\">刚刚</a>10天前，这个数字甚至更低，为负61.7。过去18年的平均值为4.6。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dd20c01571a824c8113089a65b814bb3\" tg-width=\"700\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> There is no consensus among the advisers I monitor about what these latest readings mean. Some believe it’s good news, on the contrarian theory that the worse-than-expected news constitutes a“wall of worry”that the U.S. bull market can climb. Others argue that you can’t sugar-coat worse-than-expected economic news.</p><p><blockquote>我监督的顾问们对这些最新读数的含义没有达成共识。一些人认为这是好消息，反向理论认为，差于预期的消息构成了美国牛市可以攀登的“担忧之墙”。其他人则认为，你不能粉饰比预期更糟糕的经济消息。</blockquote></p><p> To help resolve their disagreement, I analyzed daily CESI data back to 2003. Specifically, I measured its correlation with the S&amp;P 500’sSPX,+0.15%return over the subsequent month-, quarter-, six months, and <a href=\"https://laohu8.com/S/AONE.U\">one</a> year. I came up with nothing that met traditional standards of statistical significance.</p><p><blockquote>为了帮助解决他们的分歧，我分析了2003年以来的每日CESI数据。具体来说，我测量了它与标普500 SPX的相关性，在随后的一个月、一个季度、六个月内+0.15%的回报率，以及<a href=\"https://laohu8.com/S/AONE.U\">一</a>年。我没有发现任何符合传统统计意义标准的东西。</blockquote></p><p> A summary of what I found is plotted in the chart below. Notice that the S&amp;P 500’s average return is virtually the same regardless of whether the CESI is positive or negative, trending upward or downward.</p><p><blockquote>我的发现总结如下图所示。请注意，无论CESI是正还是负、趋势上升还是下降，标普500的平均回报几乎是相同的。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/65016b28c482526ac92a5d6035ba9ed9\" tg-width=\"700\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> These findings are not a criticism of the CESI itself. Citigroup created the index as a useful tool for foreign exchange traders.Citigroup has saidthat the CESI “is a perfect example of unique proprietary design which has almost no bearing on those who discuss it… It was not meant to be used for stock prices.”</p><p><blockquote>这些发现并不是对CESI本身的批评。花旗集团创建该指数是为了作为外汇交易者的有用工具。花旗集团表示，CESI“是独特专有设计的完美例子，对讨论它的人几乎没有影响……它不应该用于股票价格。”</blockquote></p><p> There’s a broader lesson here for us to learn as well: We need to subject our intuitions to empirical reality checks. That’s especially important when our hunches seem so obviously true — as is the case when it comes to whether the economic news is coming in better or worse than expected. Stock market history is filled with expectations that were guaranteed to happen but which did not.</p><p><blockquote>这里还有一个更广泛的教训需要我们学习：我们需要让我们的直觉接受经验现实的检验。当我们的预感看起来如此明显正确时，这一点尤其重要——就像经济消息是好于预期还是差于预期的情况一样。股市历史充满了必然会发生但却没有发生的预期。</blockquote></p><p> It can be tedious plowing through huge databases to see if a pattern really exists. But it’s worth the effort. Though being statistically rigorous does not guarantee that you will beat the market, you most assuredly will lose to the market if you’re statistically sloppy and inconsistent.</p><p><blockquote>在庞大的数据库中翻阅一个模式是否真的存在可能是一件乏味的事情。但努力是值得的。虽然统计上的严谨并不能保证你会击败市场，但如果你在统计上草率和不一致，你肯定会输给市场。</blockquote></p><p></p>","source":"lsy1616996754749","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Market analysts can’t agree on where stocks are going next. So double-check the data before you buy or sell<blockquote>观点：市场分析师对于股市下一步走势无法达成一致。因此，在买卖之前请仔细检查数据</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Market analysts can’t agree on where stocks are going next. So double-check the data before you buy or sell<blockquote>观点：市场分析师对于股市下一步走势无法达成一致。因此，在买卖之前请仔细检查数据</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market Watch</strong><span class=\"h-time small\">2021-09-26 11:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s an urgent question, since the <a href=\"https://laohu8.com/S/C\">Citigroup</a> Economic Surprise Index (CESI) has been negative for two months now, following an unbroken positive stretch for more than a year. The CESI measures the extent to which the latest economic news deviates from the Wall Street consensus. The past two months of consistently negative CESI readings therefore mean that the economic news, on balance, has been worse than expected.</p><p><blockquote>这是一个紧迫的问题，因为<a href=\"https://laohu8.com/S/C\">花旗集团</a>经济意外指数（CESI）在连续一年多上涨后，已经连续两个月为负。CESI衡量最新经济消息偏离华尔街共识的程度。因此，过去两个月CESI数据持续为负，这意味着总体而言，经济消息比预期的要糟糕。</blockquote></p><p> Is it good news or bad for stock investors that recent U.S. economic news releases have been significantly worse than expected?</p><p><blockquote>近期美国经济新闻发布明显逊于预期，对股票投资者来说是好消息还是坏消息？</blockquote></p><p> The latest reading from the Citigroup Economic Surprise Index (CESI) is minus 29.2. <a href=\"https://laohu8.com/S/JE\">Just</a> 10 days ago it was even more negative, at minus 61.7. Its average over the last 18 years is 4.6.</p><p><blockquote>花旗集团经济意外指数（CESI）的最新读数为负29.2。<a href=\"https://laohu8.com/S/JE\">刚刚</a>10天前，这个数字甚至更低，为负61.7。过去18年的平均值为4.6。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dd20c01571a824c8113089a65b814bb3\" tg-width=\"700\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> There is no consensus among the advisers I monitor about what these latest readings mean. Some believe it’s good news, on the contrarian theory that the worse-than-expected news constitutes a“wall of worry”that the U.S. bull market can climb. Others argue that you can’t sugar-coat worse-than-expected economic news.</p><p><blockquote>我监督的顾问们对这些最新读数的含义没有达成共识。一些人认为这是好消息，反向理论认为，差于预期的消息构成了美国牛市可以攀登的“担忧之墙”。其他人则认为，你不能粉饰比预期更糟糕的经济消息。</blockquote></p><p> To help resolve their disagreement, I analyzed daily CESI data back to 2003. Specifically, I measured its correlation with the S&amp;P 500’sSPX,+0.15%return over the subsequent month-, quarter-, six months, and <a href=\"https://laohu8.com/S/AONE.U\">one</a> year. I came up with nothing that met traditional standards of statistical significance.</p><p><blockquote>为了帮助解决他们的分歧，我分析了2003年以来的每日CESI数据。具体来说，我测量了它与标普500 SPX的相关性，在随后的一个月、一个季度、六个月内+0.15%的回报率，以及<a href=\"https://laohu8.com/S/AONE.U\">一</a>年。我没有发现任何符合传统统计意义标准的东西。</blockquote></p><p> A summary of what I found is plotted in the chart below. Notice that the S&amp;P 500’s average return is virtually the same regardless of whether the CESI is positive or negative, trending upward or downward.</p><p><blockquote>我的发现总结如下图所示。请注意，无论CESI是正还是负、趋势上升还是下降，标普500的平均回报几乎是相同的。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/65016b28c482526ac92a5d6035ba9ed9\" tg-width=\"700\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> These findings are not a criticism of the CESI itself. Citigroup created the index as a useful tool for foreign exchange traders.Citigroup has saidthat the CESI “is a perfect example of unique proprietary design which has almost no bearing on those who discuss it… It was not meant to be used for stock prices.”</p><p><blockquote>这些发现并不是对CESI本身的批评。花旗集团创建该指数是为了作为外汇交易者的有用工具。花旗集团表示，CESI“是独特专有设计的完美例子，对讨论它的人几乎没有影响……它不应该用于股票价格。”</blockquote></p><p> There’s a broader lesson here for us to learn as well: We need to subject our intuitions to empirical reality checks. That’s especially important when our hunches seem so obviously true — as is the case when it comes to whether the economic news is coming in better or worse than expected. Stock market history is filled with expectations that were guaranteed to happen but which did not.</p><p><blockquote>这里还有一个更广泛的教训需要我们学习：我们需要让我们的直觉接受经验现实的检验。当我们的预感看起来如此明显正确时，这一点尤其重要——就像经济消息是好于预期还是差于预期的情况一样。股市历史充满了必然会发生但却没有发生的预期。</blockquote></p><p> It can be tedious plowing through huge databases to see if a pattern really exists. But it’s worth the effort. Though being statistically rigorous does not guarantee that you will beat the market, you most assuredly will lose to the market if you’re statistically sloppy and inconsistent.</p><p><blockquote>在庞大的数据库中翻阅一个模式是否真的存在可能是一件乏味的事情。但努力是值得的。虽然统计上的严谨并不能保证你会击败市场，但如果你在统计上草率和不一致，你肯定会输给市场。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/market-analysts-cant-agree-on-where-stocks-are-going-next-so-double-check-the-data-before-you-buy-or-sell-11632447577?mod=home-page\">Market Watch</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":{},"source_url":"https://www.marketwatch.com/story/market-analysts-cant-agree-on-where-stocks-are-going-next-so-double-check-the-data-before-you-buy-or-sell-11632447577?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175726457","content_text":"It’s an urgent question, since the Citigroup Economic Surprise Index (CESI) has been negative for two months now, following an unbroken positive stretch for more than a year. The CESI measures the extent to which the latest economic news deviates from the Wall Street consensus. The past two months of consistently negative CESI readings therefore mean that the economic news, on balance, has been worse than expected.\nIs it good news or bad for stock investors that recent U.S. economic news releases have been significantly worse than expected?\nThe latest reading from the Citigroup Economic Surprise Index (CESI) is minus 29.2. Just 10 days ago it was even more negative, at minus 61.7. Its average over the last 18 years is 4.6.\n\nThere is no consensus among the advisers I monitor about what these latest readings mean. Some believe it’s good news, on the contrarian theory that the worse-than-expected news constitutes a“wall of worry”that the U.S. bull market can climb. Others argue that you can’t sugar-coat worse-than-expected economic news.\nTo help resolve their disagreement, I analyzed daily CESI data back to 2003. Specifically, I measured its correlation with the S&P 500’sSPX,+0.15%return over the subsequent month-, quarter-, six months, and one year. I came up with nothing that met traditional standards of statistical significance.\nA summary of what I found is plotted in the chart below. Notice that the S&P 500’s average return is virtually the same regardless of whether the CESI is positive or negative, trending upward or downward.\n\nThese findings are not a criticism of the CESI itself. Citigroup created the index as a useful tool for foreign exchange traders.Citigroup has saidthat the CESI “is a perfect example of unique proprietary design which has almost no bearing on those who discuss it… It was not meant to be used for stock prices.”\nThere’s a broader lesson here for us to learn as well: We need to subject our intuitions to empirical reality checks. That’s especially important when our hunches seem so obviously true — as is the case when it comes to whether the economic news is coming in better or worse than expected. Stock market history is filled with expectations that were guaranteed to happen but which did not.\nIt can be tedious plowing through huge databases to see if a pattern really exists. But it’s worth the effort. Though being statistically rigorous does not guarantee that you will beat the market, you most assuredly will lose to the market if you’re statistically sloppy and inconsistent.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":120820958,"gmtCreate":1624319273774,"gmtModify":1634007977104,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"Can i have a like ? Tks","listText":"Can i have a like ? Tks","text":"Can i have a like ? Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/120820958","repostId":"1191349655","repostType":4,"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":608253236,"gmtCreate":1638751592010,"gmtModify":1638751592397,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"The retail is chasing another to the moon 😅","listText":"The retail is chasing another to the moon 😅","text":"The retail is chasing another to the moon 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/608253236","repostId":"2188576130","repostType":4,"isVote":1,"tweetType":1,"viewCount":3788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842743240,"gmtCreate":1636248367697,"gmtModify":1636248369191,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a>moving towards where ?","listText":"<a href=\"https://laohu8.com/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a>moving towards where ?","text":"$OVERSEA-CHINESE BANKING CORP(O39.SI)$moving towards where ?","images":[{"img":"https://static.tigerbbs.com/8685d09e40c0b14ae4a8de7850655876","width":"750","height":"1555"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/842743240","isVote":1,"tweetType":1,"viewCount":1503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":826221282,"gmtCreate":1634027411723,"gmtModify":1634027412079,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://static.tigerbbs.com/6ad8f48d49f7392730c39c441b79e8f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"themes":[],"htmlText":"I must say iphone have good quality&nbsp;","listText":"I must say iphone have good quality&nbsp;","text":"I must say iphone have good quality","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/826221282","repostId":"2174385900","repostType":4,"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}