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2021-08-09

more vaccination, more earnings

BioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid<blockquote>BioNTech股价因盈利大幅增长而上涨；公司的目光超越了新冠疫情</blockquote>

2021-12-03

Unity Software, Cloudflare, growing into the metaverse

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2021-12-14

Buy-in in the dip for vaccine stocks

Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection<blockquote>辉瑞预防奥密克戎感染有效率33%疫苗股早盘大跌</blockquote>

2021-10-29

Tesla to the moon at record $1100 as Hertz further looking into increasing its order to 200,000 vehicles

Tesla's shares price reached 1100 dollars and its market value exceeded over 1.1 trillion dollars<blockquote>特斯拉股价达到1100美元，市值超过1.1万亿美元</blockquote>

2021-09-01

Next generation Apple watch into biomedical capability, awesome!

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2021-12-03

Nvidia, Synaptics, Applied Materials, chipping in strong growth into 2022

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2021-11-24

Tesla on another roller coaster ride from Musk sell off

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2021-09-29

Vaccine makers on the rise as FDA approvesfor booster shots

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2021-09-28

Intel bringing production onshore at US, edging against AMD, amidst global chip shortage

AMD And Intel Offer Similar Returns - Focus On The Risks<blockquote>AMD和英特尔提供类似的回报——关注风险</blockquote>

2021-10-16

Goldman Sachs, investment bank with the strongest earnings, way to go

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drug regulator on Monday approved use o","content":"<p>Novavax&nbsp;shares&nbsp;rose&nbsp;5%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/2b0834cd3440742caa0135d7d6be7ec2\" tg-width=\"708\" tg-height=\"595\" width=\"100%\" height=\"auto\">The European Union's drug regulator on Monday approved use of the COVID-19 vaccine from U.S.-based Novavax in people 18 years and older, paving the way for a fifth coronavirus shot in the region as the Omicron coronavirus variant spreads.</p><p><blockquote>Novavax股价早盘上涨5%。欧盟药品监管机构周一批准在18岁及以上人群中使用美国Novavax的COVID-19疫苗，随着奥密克戎冠状病毒变种的传播，为该地区第五次冠状病毒注射铺平了道路。</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>Novavax Climbs as Its Covid Vaccine Recommended for EU Approval<blockquote>Novavax的新冠疫苗被推荐获得欧盟批准，股价上涨</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{ 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style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-20 22:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Novavax&nbsp;shares&nbsp;rose&nbsp;5%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/2b0834cd3440742caa0135d7d6be7ec2\" tg-width=\"708\" tg-height=\"595\" width=\"100%\" height=\"auto\">The European Union's drug regulator on Monday approved use of the COVID-19 vaccine from U.S.-based Novavax in people 18 years and older, paving the way for a fifth coronavirus shot in the region as the Omicron coronavirus variant spreads.</p><p><blockquote>Novavax股价早盘上涨5%。欧盟药品监管机构周一批准在18岁及以上人群中使用美国Novavax的COVID-19疫苗，随着奥密克戎冠状病毒变种的传播，为该地区第五次冠状病毒注射铺平了道路。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100495818","content_text":"Novavax shares rose 5% in early trading.The European Union's drug regulator on Monday approved use of the COVID-19 vaccine from U.S.-based Novavax in people 18 years and older, paving the way for a fifth coronavirus shot in the region as the Omicron coronavirus variant 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term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693033775","repostId":"2192890991","repostType":4,"isVote":1,"tweetType":1,"viewCount":3184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699505515,"gmtCreate":1639830070081,"gmtModify":1639830070633,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Valuation of vaccine makers&nbsp;dipped with uncertainty of pandemic&nbsp;","listText":"Valuation of vaccine makers&nbsp;dipped with uncertainty of pandemic&nbsp;","text":"Valuation of vaccine makers dipped with uncertainty of pandemic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699505515","repostId":"1109831591","repostType":4,"repost":{"id":"1109831591","kind":"news","pubTimestamp":1639804463,"share":"https://www.laohu8.com/m/news/1109831591?lang=zh_CN&edition=full","pubTime":"2021-12-18 13:14","market":"us","language":"en","title":"Why Pfizer and Johnson & Johnson Fell on Friday<blockquote>辉瑞和强生周五为何下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109831591","media":"Motley Fool","summary":"What happened\nTwo prominent U.S. coronavirus stocks ended the week on a down note. Pfizer and Johnso","content":"<p>What happened</p><p><blockquote>发生了什么</blockquote></p><p> Two prominent U.S. coronavirus stocks ended the week on a down note.&nbsp;<a href=\"https://laohu8.com/S/PFE\"><b>Pfizer</b></a>&nbsp;and&nbsp;<a href=\"https://laohu8.com/S/JNJ\"><b>Johnson &amp; Johnson</b></a>&nbsp;both fell on the day by nearly 3%. This followed a prominent investment bank's rather lukewarm take on their current prospects.</p><p><blockquote>两只著名的美国冠状病毒股票本周收盘下跌。<a href=\"https://laohu8.com/S/PFE\"><b>辉瑞</b></a>和<a href=\"https://laohu8.com/S/JNJ\"><b>强生公司</b></a>当日均跌近3%。此前，一家著名投资银行对其当前前景持相当冷淡的看法。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c6a2f152eebbe10f5ab65a99815f461c\" tg-width=\"975\" tg-height=\"637\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> So what</p><p><blockquote>那又怎样</blockquote></p><p> <b>Goldman Sachs</b>&nbsp;analyst Chris Shibutani initiated coverage on Pfizer and Johnson &amp; Johnson on Friday, tagging both high-profile healthcare industry stocks with neutral recommendations.</p><p><blockquote><b>高盛</b>分析师Chris Shibutani周五开始对辉瑞和强生公司进行报道，对这两只备受瞩目的医疗保健行业股票给予中性推荐。</blockquote></p><p> Shibutani is concerned with what he considers to be Pfizer's somewhat cloudy future, despite the great success of the Comirnaty coronavirus vaccine it developed with Germanbiotech&nbsp;<b>BioNTech</b>.</p><p><blockquote>尽管辉瑞与德国生物技术公司开发的Comirnaty冠状病毒疫苗取得了巨大成功，但涩谷对他认为辉瑞的未来有些阴云密布感到担忧<b>BioNTech</b>.</blockquote></p><p> \"Our views on [Pfizer] come down to that we estimate around one-third of its current valuation is attributed to the COVID-19 vaccine and therapeutic [products], and we feel the trajectory for both remains highly uncertain,\" he wrote.</p><p><blockquote>他写道：“我们对[辉瑞]的看法归结为，我们估计其当前估值的三分之一左右归因于COVID-19疫苗和治疗[产品]，我们认为两者的发展轨迹仍然高度不确定。”</blockquote></p><p> As for Johnson &amp; Johnson, the prognosticator feels the stock is also fairly valued. However, he sounded a more optimistic note about the company's potential.</p><p><blockquote>至于强生公司，预言家认为该股的估值也相当合理。然而，他对公司的潜力持更为乐观的态度。</blockquote></p><p> \"With [Johnson &amp; Johnson] in the midst of transitions across several domains for the organization ... we see possibilities -- even within an organization of [Johnson &amp; Johnson]'s scale and scope -- for additional potentially disruptive opportunities to develop that could reshape the investment thesis, in our view,\" he wrote.</p><p><blockquote>“随着[强生]正处于组织多个领域的转型之中……我们看到了可能性——即使是在[强生]规模和范围的组织内——开发更多潜在的颠覆性机会在我们看来，这可能会重塑投资论点，”他写道。</blockquote></p><p> Last month, Johnson &amp; Johnson announced plans to spin off its sprawlingconsumer healthcare division.</p><p><blockquote>上个月，强生公司宣布计划剥离其庞大的消费者医疗保健部门。</blockquote></p><p> Shibutani's price target on Pfizer stock is $51 per share, and that for Johnson &amp; Johnson is $161.</p><p><blockquote>Shibutani对辉瑞股票的目标价为每股51美元，强生公司的目标价为每股161美元。</blockquote></p><p> Now what</p><p><blockquote>现在怎么办</blockquote></p><p> Pfizer and Johnson &amp; Johnson are certainly heading into some uncertain waters -- both with the coronavirus and, in the latter company's case, the apparently looming spinoff. To my mind, though, the two companies have plenty of strength in numerous product areas outside of their respective vaccines, so investors shouldn't be too discouraged by Goldman Sachs' latest evaluations.</p><p><blockquote>辉瑞和强生公司无疑正在进入一些不确定的水域——无论是冠状病毒，还是后者公司显然迫在眉睫的分拆。不过，在我看来，这两家公司在各自疫苗之外的众多产品领域都拥有雄厚的实力，因此投资者不应因高盛的最新评估而过于气馁。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Pfizer and Johnson & Johnson Fell on Friday<blockquote>辉瑞和强生周五为何下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Pfizer and Johnson & Johnson Fell on Friday<blockquote>辉瑞和强生周五为何下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-18 13:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>What happened</p><p><blockquote>发生了什么</blockquote></p><p> Two prominent U.S. coronavirus stocks ended the week on a down note.&nbsp;<a href=\"https://laohu8.com/S/PFE\"><b>Pfizer</b></a>&nbsp;and&nbsp;<a href=\"https://laohu8.com/S/JNJ\"><b>Johnson &amp; Johnson</b></a>&nbsp;both fell on the day by nearly 3%. This followed a prominent investment bank's rather lukewarm take on their current prospects.</p><p><blockquote>两只著名的美国冠状病毒股票本周收盘下跌。<a href=\"https://laohu8.com/S/PFE\"><b>辉瑞</b></a>和<a href=\"https://laohu8.com/S/JNJ\"><b>强生公司</b></a>当日均跌近3%。此前，一家著名投资银行对其当前前景持相当冷淡的看法。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c6a2f152eebbe10f5ab65a99815f461c\" tg-width=\"975\" tg-height=\"637\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> So what</p><p><blockquote>那又怎样</blockquote></p><p> <b>Goldman Sachs</b>&nbsp;analyst Chris Shibutani initiated coverage on Pfizer and Johnson &amp; Johnson on Friday, tagging both high-profile healthcare industry stocks with neutral recommendations.</p><p><blockquote><b>高盛</b>分析师Chris Shibutani周五开始对辉瑞和强生公司进行报道，对这两只备受瞩目的医疗保健行业股票给予中性推荐。</blockquote></p><p> Shibutani is concerned with what he considers to be Pfizer's somewhat cloudy future, despite the great success of the Comirnaty coronavirus vaccine it developed with Germanbiotech&nbsp;<b>BioNTech</b>.</p><p><blockquote>尽管辉瑞与德国生物技术公司开发的Comirnaty冠状病毒疫苗取得了巨大成功，但涩谷对他认为辉瑞的未来有些阴云密布感到担忧<b>BioNTech</b>.</blockquote></p><p> \"Our views on [Pfizer] come down to that we estimate around one-third of its current valuation is attributed to the COVID-19 vaccine and therapeutic [products], and we feel the trajectory for both remains highly uncertain,\" he wrote.</p><p><blockquote>他写道：“我们对[辉瑞]的看法归结为，我们估计其当前估值的三分之一左右归因于COVID-19疫苗和治疗[产品]，我们认为两者的发展轨迹仍然高度不确定。”</blockquote></p><p> As for Johnson &amp; Johnson, the prognosticator feels the stock is also fairly valued. However, he sounded a more optimistic note about the company's potential.</p><p><blockquote>至于强生公司，预言家认为该股的估值也相当合理。然而，他对公司的潜力持更为乐观的态度。</blockquote></p><p> \"With [Johnson &amp; Johnson] in the midst of transitions across several domains for the organization ... we see possibilities -- even within an organization of [Johnson &amp; Johnson]'s scale and scope -- for additional potentially disruptive opportunities to develop that could reshape the investment thesis, in our view,\" he wrote.</p><p><blockquote>“随着[强生]正处于组织多个领域的转型之中……我们看到了可能性——即使是在[强生]规模和范围的组织内——开发更多潜在的颠覆性机会在我们看来，这可能会重塑投资论点，”他写道。</blockquote></p><p> Last month, Johnson &amp; Johnson announced plans to spin off its sprawlingconsumer healthcare division.</p><p><blockquote>上个月，强生公司宣布计划剥离其庞大的消费者医疗保健部门。</blockquote></p><p> Shibutani's price target on Pfizer stock is $51 per share, and that for Johnson &amp; Johnson is $161.</p><p><blockquote>Shibutani对辉瑞股票的目标价为每股51美元，强生公司的目标价为每股161美元。</blockquote></p><p> Now what</p><p><blockquote>现在怎么办</blockquote></p><p> Pfizer and Johnson &amp; Johnson are certainly heading into some uncertain waters -- both with the coronavirus and, in the latter company's case, the apparently looming spinoff. To my mind, though, the two companies have plenty of strength in numerous product areas outside of their respective vaccines, so investors shouldn't be too discouraged by Goldman Sachs' latest evaluations.</p><p><blockquote>辉瑞和强生公司无疑正在进入一些不确定的水域——无论是冠状病毒，还是后者公司显然迫在眉睫的分拆。不过，在我看来，这两家公司在各自疫苗之外的众多产品领域都拥有雄厚的实力，因此投资者不应因高盛的最新评估而过于气馁。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/17/why-pfizer-and-johnson-johnson-fell-on-friday/\">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":{"PFE":"辉瑞","JNJ":"强生"},"source_url":"https://www.fool.com/investing/2021/12/17/why-pfizer-and-johnson-johnson-fell-on-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109831591","content_text":"What happened\nTwo prominent U.S. coronavirus stocks ended the week on a down note. Pfizer and Johnson & Johnson both fell on the day by nearly 3%. This followed a prominent investment bank's rather lukewarm take on their current prospects.\n\nSo what\nGoldman Sachs analyst Chris Shibutani initiated coverage on Pfizer and Johnson & Johnson on Friday, tagging both high-profile healthcare industry stocks with neutral recommendations.\nShibutani is concerned with what he considers to be Pfizer's somewhat cloudy future, despite the great success of the Comirnaty coronavirus vaccine it developed with Germanbiotech BioNTech.\n\"Our views on [Pfizer] come down to that we estimate around one-third of its current valuation is attributed to the COVID-19 vaccine and therapeutic [products], and we feel the trajectory for both remains highly uncertain,\" he wrote.\nAs for Johnson & Johnson, the prognosticator feels the stock is also fairly valued. However, he sounded a more optimistic note about the company's potential.\n\"With [Johnson & Johnson] in the midst of transitions across several domains for the organization ... we see possibilities -- even within an organization of [Johnson & Johnson]'s scale and scope -- for additional potentially disruptive opportunities to develop that could reshape the investment thesis, in our view,\" he wrote.\nLast month, Johnson & Johnson announced plans to spin off its sprawlingconsumer healthcare division.\nShibutani's price target on Pfizer stock is $51 per share, and that for Johnson & Johnson is $161.\nNow what\nPfizer and Johnson & Johnson are certainly heading into some uncertain waters -- both with the coronavirus and, in the latter company's case, the apparently looming spinoff. To my mind, though, the two companies have plenty of strength in numerous product areas outside of their respective vaccines, so investors shouldn't be too discouraged by Goldman Sachs' latest evaluations.","news_type":1,"symbols_score_info":{"JNJ":0.9,"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":3611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699197650,"gmtCreate":1639754225279,"gmtModify":1639755324776,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Bank of America, American Express, U.S. Bancorp -&nbsp;Buffett’s stronghold with national pride&nbsp;","listText":"Bank of America, American Express, U.S. Bancorp -&nbsp;Buffett’s stronghold with national pride&nbsp;","text":"Bank of America, American Express, U.S. Bancorp - Buffett’s stronghold with national pride","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699197650","repostId":"2192497854","repostType":4,"isVote":1,"tweetType":1,"viewCount":3681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699344792,"gmtCreate":1639752603626,"gmtModify":1639752653371,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Palantir and SEMrush, for those who unlock long term potential&nbsp;","listText":"Palantir and SEMrush, for those who unlock long term potential&nbsp;","text":"Palantir and SEMrush, for those who unlock long term potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699344792","repostId":"2192635973","repostType":4,"isVote":1,"tweetType":1,"viewCount":2542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699348856,"gmtCreate":1639752426858,"gmtModify":1639752642206,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Microsoft, Veeva Systems, Palo Alto Networks, tech and cloud the proven haven during correction","listText":"Microsoft, Veeva Systems, Palo Alto Networks, tech and cloud the proven haven during correction","text":"Microsoft, Veeva Systems, Palo Alto Networks, tech and cloud the proven haven during correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699348856","repostId":"2192973737","repostType":4,"isVote":1,"tweetType":1,"viewCount":4551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690293319,"gmtCreate":1639667581868,"gmtModify":1639667582458,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Apple strong&nbsp;ahead with cars, AR/VR headset, 5G, on top of existing iPhone business&nbsp;","listText":"Apple strong&nbsp;ahead with cars, AR/VR headset, 5G, on top of existing iPhone business&nbsp;","text":"Apple strong ahead with cars, AR/VR headset, 5G, on top of existing iPhone business","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690293319","repostId":"1121295991","repostType":4,"repost":{"id":"1121295991","kind":"news","pubTimestamp":1639664163,"share":"https://www.laohu8.com/m/news/1121295991?lang=zh_CN&edition=full","pubTime":"2021-12-16 22:16","market":"us","language":"en","title":"Why analysts love Apple right now<blockquote>为什么分析师现在喜欢苹果</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121295991","media":"Yahoo Finance","summary":"Apple’s  market capitalization is once again closing in on $3 trillion. If and when it hits the mark, which will require shares to reach $182.86, Apple will be in historic territory. And analysts are loving it.This month alone, Katy Huberty of Morgan Stanley, Samik Chatterjee of JPMorgan, and Amit Daryanani of Evercore ISI have raised their price targets on the stock to $200. And on Tuesday BofA Global Research’s Wamsi Mohan upgraded the stock from neutral to buy and raised his price target for ","content":"<p>Apple’s (AAPL) market capitalization is once again closing in on $3 trillion. If and when it hits the mark, which will require shares to reach $182.86, Apple will be in historic territory. And analysts are loving it.</p><p><blockquote>苹果(AAPL)的市值再次逼近3万亿美元。如果达到要求股价达到182.86美元的目标，苹果将处于历史高位。分析师们很喜欢它。</blockquote></p><p> This month alone, Katy Huberty of Morgan Stanley, Samik Chatterjee of JPMorgan, and Amit Daryanani of Evercore ISI have raised their price targets on the stock to $200. And on Tuesday BofA Global Research’s Wamsi Mohan upgraded the stock from neutral to buy and raised his price target for shares to $210.</p><p><blockquote>仅本月，摩根士丹利的Katy Huberty、摩根大通的Samik Chatterjee和Evercore ISI的Amit Daryanani就将该股的目标价提高至200美元。周二，美国银行全球研究部的瓦姆西·莫汉(Wamsi Mohan)将该股评级从中性上调至买入，并将股价目标上调至210美元。</blockquote></p><p> Several factors are spurring analysts to fawn over Apple: Optimism for Apple’s iPhone, its coming products including its rumored AR/VR headset, and the company’s ability to suck in consumers and keep them there through its services business.</p><p><blockquote>有几个因素促使分析师奉承苹果：对苹果iPhone的乐观情绪、其即将推出的产品（包括传闻中的AR/VR耳机），以及该公司通过其服务业务吸引消费者并将他们留在那里的能力。</blockquote></p><p> “We expect Apple to introduce an augmented reality/virtual reality (AR/VR) headset, either by the end of 2022 or early 2023,” Mohan wrote in a recent analyst note. “We view this technology as a game-changer as it will enable many new applications which will require high performance hardware and higher access speeds.”</p><p><blockquote>Mohan在最近的一份分析师报告中写道：“我们预计苹果将在2022年底或2023年初推出增强现实/虚拟现实（AR/VR）耳机。”“我们认为这项技术改变了游戏规则，因为它将支持许多需要高性能硬件和更高访问速度的新应用程序。”</blockquote></p><p> Apple’s AR/VR headset,according to Bloomberg’s Mark Gurman, could cost upwards of $3,000 and be geared to gaming, entertainment, and communications. The headset has been rumored for some time, with Apple filing various patents related to the technology.</p><p><blockquote>据彭博社的Mark Gurman称，苹果的AR/VR耳机价格可能超过3000美元，适用于游戏、娱乐和通信。这款耳机的传闻已经有一段时间了，苹果申请了与该技术相关的各种专利。</blockquote></p><p> “I think what a number of people and investors are thinking about is, ‘Hey, if they move to the glasses, the AR and VR glasses that a lot of people expect to see in '22, that's another opportunity to really build on this incredible ecosystem of device owners, and iOS, and Mac OS holders that really love their devices,’ ” TECHnalysis Research president Bob O’Donnell told Yahoo Finance Live.</p><p><blockquote>“我认为许多人和投资者正在考虑的是，‘嘿，如果他们转向眼镜，很多人期望在22年看到的AR和VR眼镜，这是另一个真正建立在这个基础上的机会TECHnalysis Research总裁Bob O’Donnell告诉雅虎财经直播。</blockquote></p><p> Apple’s Services business, which includes its App Store, is one of the major sticking points the company has going for it. After all, if you own an iPhone, you’re going to buy apps, and when it’s time to get a new phone you’ll likely buy another iPhone to keep those apps.</p><p><blockquote>苹果的服务业务（包括其应用商店）是该公司发展的主要症结之一。毕竟，如果你有一部iPhone，你就会购买应用程序，当需要买一部新手机时，你可能会购买另一部iPhone来保留这些应用程序。</blockquote></p><p> The same idea would apply to the company’s AR/VR headset if Apple can wrangle the kind of third-party developer support it already enjoys on the iPhone.</p><p><blockquote>如果苹果能够争取到它在iPhone上已经享有的第三方开发者支持，同样的想法也适用于该公司的AR/VR耳机。</blockquote></p><p> “We see the potential for more Services monetization relative to iPad as use cases develop beyond gaming and remote servicing and evolve into a whole new way in which the world digitally interacts, which AR/VR experts we've spoken with view as the long-term killer AR/VR application,” Huberty wrote in a Dec. 7 analyst note.</p><p><blockquote>“随着用例超越游戏和远程服务的发展，并演变成一种全新的世界数字交互方式，我们看到了相对于iPad更多服务货币化的潜力，我们采访过的AR/VR专家将其视为长期杀手AR/VR应用，”Huberty在12月7日的分析师报告中写道。</blockquote></p><p> Of course, Apple’s iPhone is still the major driver of Apple’s revenue. And despite the supply chain problems that have upended nearly every industry around the world, Apple seems to be coming out of the crunch.</p><p><blockquote>当然，苹果的iPhone仍然是苹果营收的主要驱动力。尽管供应链问题颠覆了全球几乎所有行业，但苹果似乎正在走出困境。</blockquote></p><p> “Our checks indicate iPhone production is surprising to the upside as Apple hasn't experienced the same level of manufacturing disruptions as in the September quarter,” Huberty wrote. “While upward trending COVID cases are worth monitoring given they could create new production bottlenecks, we view supply upside as a driver of better December quarter iPhone results.”</p><p><blockquote>休伯蒂写道：“我们的检查表明，iPhone产量的增长令人惊讶，因为苹果并未经历与9月份季度相同程度的制造中断。”“虽然呈上升趋势的新冠病例值得监控，因为它们可能会造成新的生产瓶颈，但我们认为供应上升是iPhone 12月季度业绩更好的驱动因素。”</blockquote></p><p> Taken together, it’s clear analysts believe Apple’s new headset and related apps and services business, not to mention the iPhone, will serve as the catalysts that will not only push Apple over the $3 trillion mark, but send the company’s stock even higher.</p><p><blockquote>综上所述，分析师显然认为苹果的新耳机以及相关应用和服务业务（更不用说iPhone）将成为催化剂，不仅将推动苹果突破3万亿美元大关，还将推动该公司股价进一步走高。</blockquote></p><p> “Apple's rise is testament to its strong business model,” Santosh Rao, Manhattan Venture Partners’ head of research, told Yahoo Finance Live. “It's an amazing story.”</p><p><blockquote>Manhattan Venture Partners研究主管Santosh Rao告诉雅虎财经直播：“苹果的崛起证明了其强大的商业模式。”“这是一个惊人的故事。”</blockquote></p><p> “We have the cars coming up down the road, the 5G refresh, and so many other things, the services business, of course, is very strong,” he said. “So overall combined, this is a company that's well situated.”</p><p><blockquote>“我们有汽车上路、5G更新以及许多其他事情，当然，服务业务非常强劲，”他说。“所以总的来说，这是一家处于有利地位的公司。”</blockquote></p><p> Now Apple just has to prove the analysts’ optimism correct.</p><p><blockquote>现在苹果只需要证明分析师的乐观是正确的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why analysts love Apple right now<blockquote>为什么分析师现在喜欢苹果</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy analysts love Apple right now<blockquote>为什么分析师现在喜欢苹果</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo Finance</strong><span class=\"h-time small\">2021-12-16 22:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple’s (AAPL) market capitalization is once again closing in on $3 trillion. If and when it hits the mark, which will require shares to reach $182.86, Apple will be in historic territory. And analysts are loving it.</p><p><blockquote>苹果(AAPL)的市值再次逼近3万亿美元。如果达到要求股价达到182.86美元的目标，苹果将处于历史高位。分析师们很喜欢它。</blockquote></p><p> This month alone, Katy Huberty of Morgan Stanley, Samik Chatterjee of JPMorgan, and Amit Daryanani of Evercore ISI have raised their price targets on the stock to $200. And on Tuesday BofA Global Research’s Wamsi Mohan upgraded the stock from neutral to buy and raised his price target for shares to $210.</p><p><blockquote>仅本月，摩根士丹利的Katy Huberty、摩根大通的Samik Chatterjee和Evercore ISI的Amit Daryanani就将该股的目标价提高至200美元。周二，美国银行全球研究部的瓦姆西·莫汉(Wamsi Mohan)将该股评级从中性上调至买入，并将股价目标上调至210美元。</blockquote></p><p> Several factors are spurring analysts to fawn over Apple: Optimism for Apple’s iPhone, its coming products including its rumored AR/VR headset, and the company’s ability to suck in consumers and keep them there through its services business.</p><p><blockquote>有几个因素促使分析师奉承苹果：对苹果iPhone的乐观情绪、其即将推出的产品（包括传闻中的AR/VR耳机），以及该公司通过其服务业务吸引消费者并将他们留在那里的能力。</blockquote></p><p> “We expect Apple to introduce an augmented reality/virtual reality (AR/VR) headset, either by the end of 2022 or early 2023,” Mohan wrote in a recent analyst note. “We view this technology as a game-changer as it will enable many new applications which will require high performance hardware and higher access speeds.”</p><p><blockquote>Mohan在最近的一份分析师报告中写道：“我们预计苹果将在2022年底或2023年初推出增强现实/虚拟现实（AR/VR）耳机。”“我们认为这项技术改变了游戏规则，因为它将支持许多需要高性能硬件和更高访问速度的新应用程序。”</blockquote></p><p> Apple’s AR/VR headset,according to Bloomberg’s Mark Gurman, could cost upwards of $3,000 and be geared to gaming, entertainment, and communications. The headset has been rumored for some time, with Apple filing various patents related to the technology.</p><p><blockquote>据彭博社的Mark Gurman称，苹果的AR/VR耳机价格可能超过3000美元，适用于游戏、娱乐和通信。这款耳机的传闻已经有一段时间了，苹果申请了与该技术相关的各种专利。</blockquote></p><p> “I think what a number of people and investors are thinking about is, ‘Hey, if they move to the glasses, the AR and VR glasses that a lot of people expect to see in '22, that's another opportunity to really build on this incredible ecosystem of device owners, and iOS, and Mac OS holders that really love their devices,’ ” TECHnalysis Research president Bob O’Donnell told Yahoo Finance Live.</p><p><blockquote>“我认为许多人和投资者正在考虑的是，‘嘿，如果他们转向眼镜，很多人期望在22年看到的AR和VR眼镜，这是另一个真正建立在这个基础上的机会TECHnalysis Research总裁Bob O’Donnell告诉雅虎财经直播。</blockquote></p><p> Apple’s Services business, which includes its App Store, is one of the major sticking points the company has going for it. After all, if you own an iPhone, you’re going to buy apps, and when it’s time to get a new phone you’ll likely buy another iPhone to keep those apps.</p><p><blockquote>苹果的服务业务（包括其应用商店）是该公司发展的主要症结之一。毕竟，如果你有一部iPhone，你就会购买应用程序，当需要买一部新手机时，你可能会购买另一部iPhone来保留这些应用程序。</blockquote></p><p> The same idea would apply to the company’s AR/VR headset if Apple can wrangle the kind of third-party developer support it already enjoys on the iPhone.</p><p><blockquote>如果苹果能够争取到它在iPhone上已经享有的第三方开发者支持，同样的想法也适用于该公司的AR/VR耳机。</blockquote></p><p> “We see the potential for more Services monetization relative to iPad as use cases develop beyond gaming and remote servicing and evolve into a whole new way in which the world digitally interacts, which AR/VR experts we've spoken with view as the long-term killer AR/VR application,” Huberty wrote in a Dec. 7 analyst note.</p><p><blockquote>“随着用例超越游戏和远程服务的发展，并演变成一种全新的世界数字交互方式，我们看到了相对于iPad更多服务货币化的潜力，我们采访过的AR/VR专家将其视为长期杀手AR/VR应用，”Huberty在12月7日的分析师报告中写道。</blockquote></p><p> Of course, Apple’s iPhone is still the major driver of Apple’s revenue. And despite the supply chain problems that have upended nearly every industry around the world, Apple seems to be coming out of the crunch.</p><p><blockquote>当然，苹果的iPhone仍然是苹果营收的主要驱动力。尽管供应链问题颠覆了全球几乎所有行业，但苹果似乎正在走出困境。</blockquote></p><p> “Our checks indicate iPhone production is surprising to the upside as Apple hasn't experienced the same level of manufacturing disruptions as in the September quarter,” Huberty wrote. “While upward trending COVID cases are worth monitoring given they could create new production bottlenecks, we view supply upside as a driver of better December quarter iPhone results.”</p><p><blockquote>休伯蒂写道：“我们的检查表明，iPhone产量的增长令人惊讶，因为苹果并未经历与9月份季度相同程度的制造中断。”“虽然呈上升趋势的新冠病例值得监控，因为它们可能会造成新的生产瓶颈，但我们认为供应上升是iPhone 12月季度业绩更好的驱动因素。”</blockquote></p><p> Taken together, it’s clear analysts believe Apple’s new headset and related apps and services business, not to mention the iPhone, will serve as the catalysts that will not only push Apple over the $3 trillion mark, but send the company’s stock even higher.</p><p><blockquote>综上所述，分析师显然认为苹果的新耳机以及相关应用和服务业务（更不用说iPhone）将成为催化剂，不仅将推动苹果突破3万亿美元大关，还将推动该公司股价进一步走高。</blockquote></p><p> “Apple's rise is testament to its strong business model,” Santosh Rao, Manhattan Venture Partners’ head of research, told Yahoo Finance Live. “It's an amazing story.”</p><p><blockquote>Manhattan Venture Partners研究主管Santosh Rao告诉雅虎财经直播：“苹果的崛起证明了其强大的商业模式。”“这是一个惊人的故事。”</blockquote></p><p> “We have the cars coming up down the road, the 5G refresh, and so many other things, the services business, of course, is very strong,” he said. “So overall combined, this is a company that's well situated.”</p><p><blockquote>“我们有汽车上路、5G更新以及许多其他事情，当然，服务业务非常强劲，”他说。“所以总的来说，这是一家处于有利地位的公司。”</blockquote></p><p> Now Apple just has to prove the analysts’ optimism correct.</p><p><blockquote>现在苹果只需要证明分析师的乐观是正确的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/why-analysts-love-apple-right-now-140655190.html\">Yahoo Finance</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://finance.yahoo.com/news/why-analysts-love-apple-right-now-140655190.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121295991","content_text":"Apple’s (AAPL) market capitalization is once again closing in on $3 trillion. If and when it hits the mark, which will require shares to reach $182.86, Apple will be in historic territory. And analysts are loving it.\nThis month alone, Katy Huberty of Morgan Stanley, Samik Chatterjee of JPMorgan, and Amit Daryanani of Evercore ISI have raised their price targets on the stock to $200. And on Tuesday BofA Global Research’s Wamsi Mohan upgraded the stock from neutral to buy and raised his price target for shares to $210.\nSeveral factors are spurring analysts to fawn over Apple: Optimism for Apple’s iPhone, its coming products including its rumored AR/VR headset, and the company’s ability to suck in consumers and keep them there through its services business.\n“We expect Apple to introduce an augmented reality/virtual reality (AR/VR) headset, either by the end of 2022 or early 2023,” Mohan wrote in a recent analyst note. “We view this technology as a game-changer as it will enable many new applications which will require high performance hardware and higher access speeds.”\nApple’s AR/VR headset,according to Bloomberg’s Mark Gurman, could cost upwards of $3,000 and be geared to gaming, entertainment, and communications. The headset has been rumored for some time, with Apple filing various patents related to the technology.\n“I think what a number of people and investors are thinking about is, ‘Hey, if they move to the glasses, the AR and VR glasses that a lot of people expect to see in '22, that's another opportunity to really build on this incredible ecosystem of device owners, and iOS, and Mac OS holders that really love their devices,’ ” TECHnalysis Research president Bob O’Donnell told Yahoo Finance Live.\nApple’s Services business, which includes its App Store, is one of the major sticking points the company has going for it. After all, if you own an iPhone, you’re going to buy apps, and when it’s time to get a new phone you’ll likely buy another iPhone to keep those apps.\nThe same idea would apply to the company’s AR/VR headset if Apple can wrangle the kind of third-party developer support it already enjoys on the iPhone.\n“We see the potential for more Services monetization relative to iPad as use cases develop beyond gaming and remote servicing and evolve into a whole new way in which the world digitally interacts, which AR/VR experts we've spoken with view as the long-term killer AR/VR application,” Huberty wrote in a Dec. 7 analyst note.\nOf course, Apple’s iPhone is still the major driver of Apple’s revenue. And despite the supply chain problems that have upended nearly every industry around the world, Apple seems to be coming out of the crunch.\n“Our checks indicate iPhone production is surprising to the upside as Apple hasn't experienced the same level of manufacturing disruptions as in the September quarter,” Huberty wrote. “While upward trending COVID cases are worth monitoring given they could create new production bottlenecks, we view supply upside as a driver of better December quarter iPhone results.”\nTaken together, it’s clear analysts believe Apple’s new headset and related apps and services business, not to mention the iPhone, will serve as the catalysts that will not only push Apple over the $3 trillion mark, but send the company’s stock even higher.\n“Apple's rise is testament to its strong business model,” Santosh Rao, Manhattan Venture Partners’ head of research, told Yahoo Finance Live. “It's an amazing story.”\n“We have the cars coming up down the road, the 5G refresh, and so many other things, the services business, of course, is very strong,” he said. “So overall combined, this is a company that's well situated.”\nNow Apple just has to prove the analysts’ optimism correct.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1054,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690205864,"gmtCreate":1639667340769,"gmtModify":1639667488301,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"UPS, Goodyear, Alphabet,&nbsp;strong year ahead into 2022","listText":"UPS, Goodyear, Alphabet,&nbsp;strong year ahead into 2022","text":"UPS, Goodyear, Alphabet, strong year ahead into 2022","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/690205864","repostId":"2191945281","repostType":4,"isVote":1,"tweetType":1,"viewCount":813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690027843,"gmtCreate":1639615490062,"gmtModify":1639615490632,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Apple &amp; Nvidia, the ultimate heavylifters for S&amp;P 500 upon Fed announcement","listText":"Apple &amp; Nvidia, the ultimate heavylifters for S&amp;P 500 upon Fed announcement","text":"Apple & Nvidia, the ultimate heavylifters for S&P 500 upon Fed announcement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/690027843","repostId":"2191994940","repostType":4,"isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607468229,"gmtCreate":1639579645738,"gmtModify":1639579646292,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"BJ’s Wholesale, Verizon, for long term&nbsp;hedging amidst volatile market","listText":"BJ’s Wholesale, Verizon, for long term&nbsp;hedging amidst volatile market","text":"BJ’s Wholesale, Verizon, for long term hedging amidst volatile market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607468229","repostId":"2191993329","repostType":4,"isVote":1,"tweetType":1,"viewCount":852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607342493,"gmtCreate":1639493503228,"gmtModify":1639493503746,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Spotify is it, the world’s largest audio streaming platform","listText":"Spotify is it, the world’s largest audio streaming platform","text":"Spotify is it, the world’s largest audio streaming platform","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607342493","repostId":"2191958619","repostType":4,"isVote":1,"tweetType":1,"viewCount":808,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607348529,"gmtCreate":1639493386416,"gmtModify":1639493453645,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"the Musk sell-off on Tesla continues rippingof from the Trillion dollar club","listText":"the Musk sell-off on Tesla continues rippingof from the Trillion dollar club","text":"the Musk sell-off on Tesla continues rippingof from the Trillion dollar club","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607348529","repostId":"1113829354","repostType":4,"repost":{"id":"1113829354","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639492566,"share":"https://www.laohu8.com/m/news/1113829354?lang=zh_CN&edition=full","pubTime":"2021-12-14 22:36","market":"us","language":"en","title":"Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares<blockquote>特斯拉早盘跌超3%马斯克再卖9.07亿美元特斯拉股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1113829354","media":"Tiger Newspress","summary":"Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares.According to the documents, Musk sold 934,091 shares Tesla MotorsShares on Monday, valued at $906.5 million, Musk has sold about 11,966,421 shares since November 8Tesla MotorsStocks, accounting for 70.18% of its previously promised shares.","content":"<p>Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares.<img src=\"https://static.tigerbbs.com/7d0298f1521280d1da349a4757024aa2\" tg-width=\"775\" tg-height=\"558\" width=\"100%\" height=\"auto\">According to the documents, Musk sold 934,091 shares Tesla MotorsShares&nbsp;on&nbsp;Monday, valued at $906.5 million, Musk has sold about 11,966,421 shares since November 8Tesla MotorsStocks, accounting for 70.18% of its previously promised shares.</p><p><blockquote>由于马斯克又出售了价值9.07亿美元的特斯拉股票，特斯拉早盘跌超3%。文件显示，马斯克周一出售了934,091股特斯拉汽车股票，价值9.065亿美元，自11月8日以来，马斯克已出售了约11,966,421股特斯拉汽车股票，占其此前承诺股份的70.18%。</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>Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares<blockquote>特斯拉早盘跌超3%马斯克再卖9.07亿美元特斯拉股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; 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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\">\nTesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares<blockquote>特斯拉早盘跌超3%马斯克再卖9.07亿美元特斯拉股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-14 22:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares.<img src=\"https://static.tigerbbs.com/7d0298f1521280d1da349a4757024aa2\" tg-width=\"775\" tg-height=\"558\" width=\"100%\" height=\"auto\">According to the documents, Musk sold 934,091 shares Tesla MotorsShares&nbsp;on&nbsp;Monday, valued at $906.5 million, Musk has sold about 11,966,421 shares since November 8Tesla MotorsStocks, accounting for 70.18% of its previously promised shares.</p><p><blockquote>由于马斯克又出售了价值9.07亿美元的特斯拉股票，特斯拉早盘跌超3%。文件显示，马斯克周一出售了934,091股特斯拉汽车股票，价值9.065亿美元，自11月8日以来，马斯克已出售了约11,966,421股特斯拉汽车股票，占其此前承诺股份的70.18%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113829354","content_text":"Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares.According to the documents, Musk sold 934,091 shares Tesla MotorsShares on Monday, valued at $906.5 million, Musk has sold about 11,966,421 shares since November 8Tesla MotorsStocks, accounting for 70.18% of its previously promised shares.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607343989,"gmtCreate":1639493259950,"gmtModify":1639493261283,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Buy-in in the dip for vaccine stocks","listText":"Buy-in in the dip for vaccine stocks","text":"Buy-in in the dip for vaccine stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/607343989","repostId":"1157941630","repostType":4,"repost":{"id":"1157941630","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639492928,"share":"https://www.laohu8.com/m/news/1157941630?lang=zh_CN&edition=full","pubTime":"2021-12-14 22:42","market":"us","language":"en","title":"Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection<blockquote>辉瑞预防奥密克戎感染有效率33%疫苗股早盘大跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157941630","media":"Tiger Newspress","summary":"Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infe","content":"<p>Vaccine stocks fell sharply in morning trading&nbsp;as Pfizer is 33% effective in preventing Omicron infection.<img src=\"https://static.tigerbbs.com/7e9e8df780c3af07950e2fa3244320d7\" tg-width=\"537\" tg-height=\"323\" referrerpolicy=\"no-referrer\">On Tuesday, Ryan Noac, CEO of Discovery Health Ltd., South Africa's largest health insurance provider, said at a news conference that two dosesPfizerThe protection rate of vaccine against admission after infection with Omicron variant strain is 70%, which is suitable for people of all ages and suffering from various chronic diseases.</p><p><blockquote>由于辉瑞预防奥密克戎感染的有效性为33%，疫苗股在早盘交易中大幅下跌。本周二，南非最大的健康保险提供商Discovery Health Ltd.首席执行官Ryan Noac在新闻发布会上表示，两剂辉瑞疫苗对感染奥密克戎变异毒株后入院的保护率为70%，适用于所有年龄段和患有多种慢性疾病的人群。</blockquote></p><p> <b>Pfizer is 33% effective in preventing Omicron infection and 80% effective in preventing Delta infection.</b></p><p><blockquote><b>辉瑞预防奥密克戎感染的有效率为33%，预防德尔塔感染的有效率为80%。</b></blockquote></p><p> This study is based on the results of 211,000 COVID-19 positive tests from November 15th to December 7th, of which about 78,000 were Omicron patients.</p><p><blockquote>这项研究基于11月15日至12月7日期间21.1万例新冠病毒阳性检测结果，其中约7.8万例为奥密克戎患者。</blockquote></p><p> The study also shows that&nbsp;<b>Omicron has a high risk of reinfection, and the Omicron strain accounts for more than 90% of South African cases.</b></p><p><blockquote>研究还显示，<b>奥密克戎再感染风险高，奥密克戎毒株占南非病例的90%以上。</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection<blockquote>辉瑞预防奥密克戎感染有效率33%疫苗股早盘大跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection<blockquote>辉瑞预防奥密克戎感染有效率33%疫苗股早盘大跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-14 22:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vaccine stocks fell sharply in morning trading&nbsp;as Pfizer is 33% effective in preventing Omicron infection.<img src=\"https://static.tigerbbs.com/7e9e8df780c3af07950e2fa3244320d7\" tg-width=\"537\" tg-height=\"323\" referrerpolicy=\"no-referrer\">On Tuesday, Ryan Noac, CEO of Discovery Health Ltd., South Africa's largest health insurance provider, said at a news conference that two dosesPfizerThe protection rate of vaccine against admission after infection with Omicron variant strain is 70%, which is suitable for people of all ages and suffering from various chronic diseases.</p><p><blockquote>由于辉瑞预防奥密克戎感染的有效性为33%，疫苗股在早盘交易中大幅下跌。本周二，南非最大的健康保险提供商Discovery Health Ltd.首席执行官Ryan Noac在新闻发布会上表示，两剂辉瑞疫苗对感染奥密克戎变异毒株后入院的保护率为70%，适用于所有年龄段和患有多种慢性疾病的人群。</blockquote></p><p> <b>Pfizer is 33% effective in preventing Omicron infection and 80% effective in preventing Delta infection.</b></p><p><blockquote><b>辉瑞预防奥密克戎感染的有效率为33%，预防德尔塔感染的有效率为80%。</b></blockquote></p><p> This study is based on the results of 211,000 COVID-19 positive tests from November 15th to December 7th, of which about 78,000 were Omicron patients.</p><p><blockquote>这项研究基于11月15日至12月7日期间21.1万例新冠病毒阳性检测结果，其中约7.8万例为奥密克戎患者。</blockquote></p><p> The study also shows that&nbsp;<b>Omicron has a high risk of reinfection, and the Omicron strain accounts for more than 90% of South African cases.</b></p><p><blockquote>研究还显示，<b>奥密克戎再感染风险高，奥密克戎毒株占南非病例的90%以上。</b></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157941630","content_text":"Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection.On Tuesday, Ryan Noac, CEO of Discovery Health Ltd., South Africa's largest health insurance provider, said at a news conference that two dosesPfizerThe protection rate of vaccine against admission after infection with Omicron variant strain is 70%, which is suitable for people of all ages and suffering from various chronic diseases.\nPfizer is 33% effective in preventing Omicron infection and 80% effective in preventing Delta infection.\nThis study is based on the results of 211,000 COVID-19 positive tests from November 15th to December 7th, of which about 78,000 were Omicron patients.\nThe study also shows that Omicron has a high risk of reinfection, and the Omicron strain accounts for more than 90% of South African cases.","news_type":1,"symbols_score_info":{"PFE":0.9,"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604672936,"gmtCreate":1639395287836,"gmtModify":1639395288371,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Apple, gearing up iOS for child use protection&nbsp;","listText":"Apple, gearing up iOS for child use protection&nbsp;","text":"Apple, gearing up iOS for child use protection","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604672936","repostId":"1191584533","repostType":4,"repost":{"id":"1191584533","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639387294,"share":"https://www.laohu8.com/m/news/1191584533?lang=zh_CN&edition=full","pubTime":"2021-12-13 17:21","market":"us","language":"en","title":"Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191584533","media":"Tiger Newspress","summary":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple I","content":"<p>Apple rose 1% in premarket trading,&nbsp;with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist&nbsp;<b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%，市值接近3万亿美元。<b>苹果公司</b>据记者报道，（纳斯达克：AAPL）正准备推出最新版本的iPhone和iPad操作系统，该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-13 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple rose 1% in premarket trading,&nbsp;with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist&nbsp;<b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%，市值接近3万亿美元。<b>苹果公司</b>据记者报道，（纳斯达克：AAPL）正准备推出最新版本的iPhone和iPad操作系统，该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191584533","content_text":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple Inc(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist Mark Gurman.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":987,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605705082,"gmtCreate":1639237997672,"gmtModify":1639237998216,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Tesla &gt; SpaceX &gt; Neuralink &gt; Boring","listText":"Tesla &gt; SpaceX &gt; Neuralink &gt; Boring","text":"Tesla > SpaceX > Neuralink > Boring","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/605705082","repostId":"2190620320","repostType":4,"isVote":1,"tweetType":1,"viewCount":1259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605601962,"gmtCreate":1639149034440,"gmtModify":1639149034990,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582006183410147","idStr":"3582006183410147"},"themes":[],"htmlText":"Apple, solid foundation solid growth","listText":"Apple, solid foundation solid growth","text":"Apple, solid foundation solid growth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/605601962","repostId":"1160142374","repostType":4,"repost":{"id":"1160142374","kind":"news","pubTimestamp":1639144465,"share":"https://www.laohu8.com/m/news/1160142374?lang=zh_CN&edition=full","pubTime":"2021-12-10 21:54","market":"us","language":"en","title":"Can Apple Stock Climb Another 45%? What History Says<blockquote>苹果股价能否再上涨45%？历史怎么说</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160142374","media":"TheStreet","summary":"As it breaches $2.9 trillion market cap for the first time ever, Apple stock has produced 45% gains in the past year. Should investors expect similar performance over the next 12 months?Apple stock has surpassed $2.9 trillion market cap for the first time, and investors celebrate outstanding one-year returns of around 45%. Since the start of the iPhone era , AAPL has produced very solid, but still lower average one-year gains of 36%.Now, shareholders look forward. Is it reasonable to expect AAPL","content":"<p>As it breaches $2.9 trillion market cap for the first time ever, Apple stock has produced 45% gains in the past year. Should investors expect similar performance over the next 12 months?</p><p><blockquote>苹果股价首次突破2.9万亿美元市值，去年上涨了45%。投资者是否应该期待未来12个月的类似表现？</blockquote></p><p> Apple stock&nbsp;has surpassed $2.9 trillion market cap for the first time, and investors celebrate outstanding one-year returns of around 45%. Since the start of the iPhone era (i.e. 2007 to present), AAPL has produced very solid, but still lower average one-year gains of 36%.</p><p><blockquote>苹果股票市值首次超过2.9万亿美元，投资者庆祝45%左右的出色一年回报率。自iPhone时代开始（即2007年至今）以来，AAPL的平均一年涨幅非常稳健，但仍较低，为36%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e746370f51d8b99a1b176c6863eb1b1\" tg-width=\"1240\" tg-height=\"696\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in Chongqing, China.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：苹果店。</span></p></blockquote></p><p> Now, shareholders look forward. Is it reasonable to expect AAPL stock to climb another 45% until the end of 2022? Today, the Apple Maven sets aside business fundamentals for a moment and looks at what history has to say about this question.</p><p><blockquote>现在，股东们满怀期待。预计AAPL股价到2022年底将再上涨45%是否合理？今天，这位苹果专家暂时抛开商业基本面，看看历史对这个问题的看法。</blockquote></p><p> <b>What to expect of AAPL</b></p><p><blockquote><b>对AAPL有何期待</b></blockquote></p><p> I have written plenty about how Wall Street experts have recently taken sides on Apple stock. On the one hand,bulls see a strong holiday quarter&nbsp;of sales and growth opportunities in 2022. On the other hand, a few bears think that&nbsp;AAPL could be overpriced&nbsp;by nearly 20% due to slowing growth in a post-pandemic environment and shorter lead times on iPhones.</p><p><blockquote>我已经写了很多关于华尔街专家最近如何对苹果股票采取立场的文章。一方面，多头看到了2022年强劲的假日季度销售和增长机会。另一方面，一些看空者认为，由于大流行后环境下增长放缓以及iPhone交货时间缩短，AAPL的定价可能会过高近20%。</blockquote></p><p> But to understand if Apple shares could climb another 45% in the next 12 months, I turn to historical share price behavior. The gains observed in the past year may look outsized vs. the S&amp;P 500’s historical performance. But they are fairly standard for a stock like AAPL.</p><p><blockquote>但为了了解苹果股价是否能在未来12个月内再上涨45%，我求助于历史股价行为。与标普500的历史表现相比，过去一年观察到的涨幅可能看起来过大。但对于像AAPL这样的股票来说，它们是相当标准的。</blockquote></p><p> The chart below shows the average gains produced by holding AAPL for 12 months, since the launch year of the first iPhone model. If the stock were bought on any given day, returns would have been 36%. If bought within 5% of peak prices, gains would have been much lower: 25%.</p><p><blockquote>下图显示了自第一款iPhone机型推出以来，持有AAPL 12个月所产生的平均收益。如果在任何一天购买该股票，回报率将为36%。如果在峰值价格的5%以内买入，收益会低得多：25%。</blockquote></p><p> Notice that the outsized gains earned from holding Apple stock for a year tend to come from buying shares after a steep 20%-plus drawdown. The last one happened in September 2020, and the previous one had been during the initial COVID-19 bear market.</p><p><blockquote>请注意，持有苹果股票一年所获得的巨大收益往往来自于在大幅下跌20%以上后购买股票。上一次发生在2020年9月，上一次发生在最初的COVID-19熊市期间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfdba2437dc07efd8b0ae81f1b68a9ac\" tg-width=\"845\" tg-height=\"484\" width=\"100%\" height=\"auto\"><span>Figure 2: Average 1-year gains in AAPL since 2007.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：AAPL自2007年以来的平均1年涨幅。</span></p></blockquote></p><p> The chart above reinforces the idea that buying AAPL near peaks, as is the case today, has historically led to below average returns. Of course, these averages have still been much better than what an investor would have earned from buying and holding a diversified basket of stocks, like the S&amp;P 500 or even the Nasdaq.</p><p><blockquote>上图强化了这样一种观点，即在接近峰值时买入AAPL（就像今天的情况一样）历来会导致低于平均水平的回报。当然，这些平均值仍然比投资者购买和持有一篮子多元化股票（例如标普500甚至纳斯达克）所获得的收益要好得多。</blockquote></p><p> Averages only tell part of a story. Equally important, the range of outcomes has been very wide. For instance, buying AAPL near a peak in December 2007 would have resulted in massive loss of -57% over the following year. On the other hand, buying near the peak in January of the same year would have resulted in an impressive one-year gain of +128%.</p><p><blockquote>平均值只能说明故事的一部分。同样重要的是，结果的范围非常广泛。例如，在2007年12月接近峰值时买入AAPL将导致次年亏损-57%。另一方面，在同年1月接近峰值时买入会带来+128%的令人印象深刻的一年涨幅。</blockquote></p><p> Below is the distribution (histogram) of one-year returns in AAPL, when shares are bought near peaks. Again, the range of outcomes has been very wide. That said, typical gains have been roughly in the 20%-to-30% territory.</p><p><blockquote>下面是AAPL一年回报率的分布（直方图），当时股票在接近峰值时购买。同样，结果的范围非常广泛。也就是说，典型的涨幅约为20%至30%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ad9d93eed25fc47e9b5d7f45d4b354d\" tg-width=\"862\" tg-height=\"528\" width=\"100%\" height=\"auto\"><span>Figure 3: Distribution of 1-year returns in AAPL, near peaks.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3：AAPL的1年回报率分布，接近峰值。</span></p></blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> Can AAPL rise another 45% in the next year? It sure can, even off its current peak levels. In fact, Apple shares have, in rare cases, more than doubled in price in 12 months even after trading near all-time highs.</p><p><blockquote>AAPL未来一年能否再涨45%？它当然可以，即使低于目前的峰值水平。事实上，在极少数情况下，苹果股价在12个月内上涨了一倍多，即使交易价格接近历史高点。</blockquote></p><p> However, for the sake of being conservative, I don’t think that investors should bet on something like it happening next. I think that more modest gains of 20% to 30% through December 2022, if reached, would already be considered outstanding.</p><p><blockquote>然而，为了保守起见，我认为投资者不应该押注类似的事情接下来会发生。我认为，到2022年12月，如果达到20%至30%的温和涨幅，就已经被认为是出色的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Apple Stock Climb Another 45%? What History Says<blockquote>苹果股价能否再上涨45%？历史怎么说</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Apple Stock Climb Another 45%? What History Says<blockquote>苹果股价能否再上涨45%？历史怎么说</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-12-10 21:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As it breaches $2.9 trillion market cap for the first time ever, Apple stock has produced 45% gains in the past year. Should investors expect similar performance over the next 12 months?</p><p><blockquote>苹果股价首次突破2.9万亿美元市值，去年上涨了45%。投资者是否应该期待未来12个月的类似表现？</blockquote></p><p> Apple stock&nbsp;has surpassed $2.9 trillion market cap for the first time, and investors celebrate outstanding one-year returns of around 45%. Since the start of the iPhone era (i.e. 2007 to present), AAPL has produced very solid, but still lower average one-year gains of 36%.</p><p><blockquote>苹果股票市值首次超过2.9万亿美元，投资者庆祝45%左右的出色一年回报率。自iPhone时代开始（即2007年至今）以来，AAPL的平均一年涨幅非常稳健，但仍较低，为36%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e746370f51d8b99a1b176c6863eb1b1\" tg-width=\"1240\" tg-height=\"696\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in Chongqing, China.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：苹果店。</span></p></blockquote></p><p> Now, shareholders look forward. Is it reasonable to expect AAPL stock to climb another 45% until the end of 2022? Today, the Apple Maven sets aside business fundamentals for a moment and looks at what history has to say about this question.</p><p><blockquote>现在，股东们满怀期待。预计AAPL股价到2022年底将再上涨45%是否合理？今天，这位苹果专家暂时抛开商业基本面，看看历史对这个问题的看法。</blockquote></p><p> <b>What to expect of AAPL</b></p><p><blockquote><b>对AAPL有何期待</b></blockquote></p><p> I have written plenty about how Wall Street experts have recently taken sides on Apple stock. On the one hand,bulls see a strong holiday quarter&nbsp;of sales and growth opportunities in 2022. On the other hand, a few bears think that&nbsp;AAPL could be overpriced&nbsp;by nearly 20% due to slowing growth in a post-pandemic environment and shorter lead times on iPhones.</p><p><blockquote>我已经写了很多关于华尔街专家最近如何对苹果股票采取立场的文章。一方面，多头看到了2022年强劲的假日季度销售和增长机会。另一方面，一些看空者认为，由于大流行后环境下增长放缓以及iPhone交货时间缩短，AAPL的定价可能会过高近20%。</blockquote></p><p> But to understand if Apple shares could climb another 45% in the next 12 months, I turn to historical share price behavior. The gains observed in the past year may look outsized vs. the S&amp;P 500’s historical performance. But they are fairly standard for a stock like AAPL.</p><p><blockquote>但为了了解苹果股价是否能在未来12个月内再上涨45%，我求助于历史股价行为。与标普500的历史表现相比，过去一年观察到的涨幅可能看起来过大。但对于像AAPL这样的股票来说，它们是相当标准的。</blockquote></p><p> The chart below shows the average gains produced by holding AAPL for 12 months, since the launch year of the first iPhone model. If the stock were bought on any given day, returns would have been 36%. If bought within 5% of peak prices, gains would have been much lower: 25%.</p><p><blockquote>下图显示了自第一款iPhone机型推出以来，持有AAPL 12个月所产生的平均收益。如果在任何一天购买该股票，回报率将为36%。如果在峰值价格的5%以内买入，收益会低得多：25%。</blockquote></p><p> Notice that the outsized gains earned from holding Apple stock for a year tend to come from buying shares after a steep 20%-plus drawdown. The last one happened in September 2020, and the previous one had been during the initial COVID-19 bear market.</p><p><blockquote>请注意，持有苹果股票一年所获得的巨大收益往往来自于在大幅下跌20%以上后购买股票。上一次发生在2020年9月，上一次发生在最初的COVID-19熊市期间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfdba2437dc07efd8b0ae81f1b68a9ac\" tg-width=\"845\" tg-height=\"484\" width=\"100%\" height=\"auto\"><span>Figure 2: Average 1-year gains in AAPL since 2007.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：AAPL自2007年以来的平均1年涨幅。</span></p></blockquote></p><p> The chart above reinforces the idea that buying AAPL near peaks, as is the case today, has historically led to below average returns. Of course, these averages have still been much better than what an investor would have earned from buying and holding a diversified basket of stocks, like the S&amp;P 500 or even the Nasdaq.</p><p><blockquote>上图强化了这样一种观点，即在接近峰值时买入AAPL（就像今天的情况一样）历来会导致低于平均水平的回报。当然，这些平均值仍然比投资者购买和持有一篮子多元化股票（例如标普500甚至纳斯达克）所获得的收益要好得多。</blockquote></p><p> Averages only tell part of a story. Equally important, the range of outcomes has been very wide. For instance, buying AAPL near a peak in December 2007 would have resulted in massive loss of -57% over the following year. On the other hand, buying near the peak in January of the same year would have resulted in an impressive one-year gain of +128%.</p><p><blockquote>平均值只能说明故事的一部分。同样重要的是，结果的范围非常广泛。例如，在2007年12月接近峰值时买入AAPL将导致次年亏损-57%。另一方面，在同年1月接近峰值时买入会带来+128%的令人印象深刻的一年涨幅。</blockquote></p><p> Below is the distribution (histogram) of one-year returns in AAPL, when shares are bought near peaks. Again, the range of outcomes has been very wide. That said, typical gains have been roughly in the 20%-to-30% territory.</p><p><blockquote>下面是AAPL一年回报率的分布（直方图），当时股票在接近峰值时购买。同样，结果的范围非常广泛。也就是说，典型的涨幅约为20%至30%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ad9d93eed25fc47e9b5d7f45d4b354d\" tg-width=\"862\" tg-height=\"528\" width=\"100%\" height=\"auto\"><span>Figure 3: Distribution of 1-year returns in AAPL, near peaks.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3：AAPL的1年回报率分布，接近峰值。</span></p></blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> Can AAPL rise another 45% in the next year? It sure can, even off its current peak levels. In fact, Apple shares have, in rare cases, more than doubled in price in 12 months even after trading near all-time highs.</p><p><blockquote>AAPL未来一年能否再涨45%？它当然可以，即使低于目前的峰值水平。事实上，在极少数情况下，苹果股价在12个月内上涨了一倍多，即使交易价格接近历史高点。</blockquote></p><p> However, for the sake of being conservative, I don’t think that investors should bet on something like it happening next. I think that more modest gains of 20% to 30% through December 2022, if reached, would already be considered outstanding.</p><p><blockquote>然而，为了保守起见，我认为投资者不应该押注类似的事情接下来会发生。我认为，到2022年12月，如果达到20%至30%的温和涨幅，就已经被认为是出色的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/can-apple-stock-climb-another-45-what-history-says\">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/can-apple-stock-climb-another-45-what-history-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160142374","content_text":"As it breaches $2.9 trillion market cap for the first time ever, Apple stock has produced 45% gains in the past year. Should investors expect similar performance over the next 12 months?\nApple stock has surpassed $2.9 trillion market cap for the first time, and investors celebrate outstanding one-year returns of around 45%. Since the start of the iPhone era (i.e. 2007 to present), AAPL has produced very solid, but still lower average one-year gains of 36%.\nFigure 1: Apple store in Chongqing, China.\nNow, shareholders look forward. Is it reasonable to expect AAPL stock to climb another 45% until the end of 2022? Today, the Apple Maven sets aside business fundamentals for a moment and looks at what history has to say about this question.\nWhat to expect of AAPL\nI have written plenty about how Wall Street experts have recently taken sides on Apple stock. On the one hand,bulls see a strong holiday quarter of sales and growth opportunities in 2022. On the other hand, a few bears think that AAPL could be overpriced by nearly 20% due to slowing growth in a post-pandemic environment and shorter lead times on iPhones.\nBut to understand if Apple shares could climb another 45% in the next 12 months, I turn to historical share price behavior. The gains observed in the past year may look outsized vs. the S&P 500’s historical performance. But they are fairly standard for a stock like AAPL.\nThe chart below shows the average gains produced by holding AAPL for 12 months, since the launch year of the first iPhone model. If the stock were bought on any given day, returns would have been 36%. If bought within 5% of peak prices, gains would have been much lower: 25%.\nNotice that the outsized gains earned from holding Apple stock for a year tend to come from buying shares after a steep 20%-plus drawdown. The last one happened in September 2020, and the previous one had been during the initial COVID-19 bear market.\nFigure 2: Average 1-year gains in AAPL since 2007.\nThe chart above reinforces the idea that buying AAPL near peaks, as is the case today, has historically led to below average returns. Of course, these averages have still been much better than what an investor would have earned from buying and holding a diversified basket of stocks, like the S&P 500 or even the Nasdaq.\nAverages only tell part of a story. Equally important, the range of outcomes has been very wide. For instance, buying AAPL near a peak in December 2007 would have resulted in massive loss of -57% over the following year. On the other hand, buying near the peak in January of the same year would have resulted in an impressive one-year gain of +128%.\nBelow is the distribution (histogram) of one-year returns in AAPL, when shares are bought near peaks. Again, the range of outcomes has been very wide. That said, typical gains have been roughly in the 20%-to-30% territory.\nFigure 3: Distribution of 1-year returns in AAPL, near peaks.\nThe Apple Maven’s take\nCan AAPL rise another 45% in the next year? It sure can, even off its current peak levels. In fact, Apple shares have, in rare cases, more than doubled in price in 12 months even after trading near all-time highs.\nHowever, for the sake of being conservative, I don’t think that investors should bet on something like it happening next. I think that more modest gains of 20% to 30% through December 2022, if reached, would already be considered outstanding.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1009,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":898405142,"gmtCreate":1628515822886,"gmtModify":1633746541687,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582006183410147","authorIdStr":"3582006183410147"},"themes":[],"htmlText":"more vaccination, more earnings&nbsp;","listText":"more vaccination, more earnings&nbsp;","text":"more vaccination, more earnings","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/898405142","repostId":"2158238441","repostType":4,"repost":{"id":"2158238441","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1628514928,"share":"https://www.laohu8.com/m/news/2158238441?lang=zh_CN&edition=full","pubTime":"2021-08-09 21:15","market":"us","language":"en","title":"BioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid<blockquote>BioNTech股价因盈利大幅增长而上涨；公司的目光超越了新冠疫情</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2158238441","media":"Investors","summary":"BioNTech stock popped on Monday after reporting adjusted profit of $12.67 a share on $6.24 billion in second-quarter sales.","content":"<p>BioNTech stock popped on Monday after the Covid vaccine maker reported adjusted profit of $12.67 per share on $6.24 billion in second-quarter sales.</p><p><blockquote>BioNTech股价周一上涨，此前这家新冠疫苗制造商公布第二季度销售额为62.4亿美元，调整后每股利润为12.67美元。</blockquote></p><p> Analysts polled by FactSet expected <b>BioNTech</b> to earn $8.87 per share on $3.83 billion in sales.</p><p><blockquote>FactSet调查的分析师预期<b>BioNTech</b>销售额为38.3亿美元，每股收益为8.87美元。</blockquote></p><p> In the year-earlier period, BioNTech lost 45 cents per share and reported $49 million in revenue.</p><p><blockquote>去年同期，BioNTech每股亏损45美分，营收为4900万美元。</blockquote></p><p> BioNTech didn't offer full-year sales and earnings guidance. The company noted it has agreements in place to deliver 2.2 billion doses of its Covid vaccine in 2021, and is now working on multiple cancer drugs. Analysts called for the <b>Pfizer</b> partner to earn $33.12 a share on $14.68 billion in sales.</p><p><blockquote>BioNTech没有提供全年销售和盈利指引。该公司指出，它已达成协议，将在2021年提供22亿剂新冠疫苗，目前正在研究多种癌症药物。分析师呼吁<b>辉瑞</b>合作伙伴的销售额为146.8亿美元，每股收益为33.12美元。</blockquote></p><p> In premarket trading on today's stock market, BioNTech stock jumped 5% near 408.50. Shares have a perfect Relative Strength Rating of 99, according to IBD Digital. This puts BioNTech stock in the top 1% of all companies in terms of 12-month performance.</p><p><blockquote>在今天股市的盘前交易中，BioNTech股价上涨5%，接近408.50点。根据IBD Digital的数据，该股的完美相对强度评级为99。就12个月的业绩而言，这使得BioNTech股票在所有公司中排名前1%。</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>BioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid<blockquote>BioNTech股价因盈利大幅增长而上涨；公司的目光超越了新冠疫情</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\">\nBioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid<blockquote>BioNTech股价因盈利大幅增长而上涨；公司的目光超越了新冠疫情</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time smaller\">2021-08-09 21:15</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>BioNTech stock popped on Monday after the Covid vaccine maker reported adjusted profit of $12.67 per share on $6.24 billion in second-quarter sales.</p><p><blockquote>BioNTech股价周一上涨，此前这家新冠疫苗制造商公布第二季度销售额为62.4亿美元，调整后每股利润为12.67美元。</blockquote></p><p> Analysts polled by FactSet expected <b>BioNTech</b> to earn $8.87 per share on $3.83 billion in sales.</p><p><blockquote>FactSet调查的分析师预期<b>BioNTech</b>销售额为38.3亿美元，每股收益为8.87美元。</blockquote></p><p> In the year-earlier period, BioNTech lost 45 cents per share and reported $49 million in revenue.</p><p><blockquote>去年同期，BioNTech每股亏损45美分，营收为4900万美元。</blockquote></p><p> BioNTech didn't offer full-year sales and earnings guidance. The company noted it has agreements in place to deliver 2.2 billion doses of its Covid vaccine in 2021, and is now working on multiple cancer drugs. Analysts called for the <b>Pfizer</b> partner to earn $33.12 a share on $14.68 billion in sales.</p><p><blockquote>BioNTech没有提供全年销售和盈利指引。该公司指出，它已达成协议，将在2021年提供22亿剂新冠疫苗，目前正在研究多种癌症药物。分析师呼吁<b>辉瑞</b>合作伙伴的销售额为146.8亿美元，每股收益为33.12美元。</blockquote></p><p> In premarket trading on today's stock market, BioNTech stock jumped 5% near 408.50. Shares have a perfect Relative Strength Rating of 99, according to IBD Digital. This puts BioNTech stock in the top 1% of all companies in terms of 12-month performance.</p><p><blockquote>在今天股市的盘前交易中，BioNTech股价上涨5%，接近408.50点。根据IBD Digital的数据，该股的完美相对强度评级为99。就12个月的业绩而言，这使得BioNTech股票在所有公司中排名前1%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158238441","content_text":"BioNTech stock popped on Monday after the Covid vaccine maker reported adjusted profit of $12.67 per share on $6.24 billion in second-quarter sales.\nAnalysts polled by FactSet expected BioNTech to earn $8.87 per share on $3.83 billion in sales.\nIn the year-earlier period, BioNTech lost 45 cents per share and reported $49 million in revenue.\nBioNTech didn't offer full-year sales and earnings guidance. The company noted it has agreements in place to deliver 2.2 billion doses of its Covid vaccine in 2021, and is now working on multiple cancer drugs. Analysts called for the Pfizer partner to earn $33.12 a share on $14.68 billion in sales.\nIn premarket trading on today's stock market, BioNTech stock jumped 5% near 408.50. Shares have a perfect Relative Strength Rating of 99, according to IBD Digital. This puts BioNTech stock in the top 1% of all companies in terms of 12-month performance.","news_type":1,"symbols_score_info":{"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":601593154,"gmtCreate":1638541834879,"gmtModify":1638541835145,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582006183410147","authorIdStr":"3582006183410147"},"themes":[],"htmlText":"Unity Software, Cloudflare, growing into the metaverse&nbsp;","listText":"Unity Software, Cloudflare, growing into the metaverse&nbsp;","text":"Unity Software, Cloudflare, growing into the metaverse","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601593154","repostId":"2188236025","repostType":4,"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607343989,"gmtCreate":1639493259950,"gmtModify":1639493261283,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582006183410147","authorIdStr":"3582006183410147"},"themes":[],"htmlText":"Buy-in in the dip for vaccine stocks","listText":"Buy-in in the dip for vaccine stocks","text":"Buy-in in the dip for vaccine stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/607343989","repostId":"1157941630","repostType":4,"repost":{"id":"1157941630","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639492928,"share":"https://www.laohu8.com/m/news/1157941630?lang=zh_CN&edition=full","pubTime":"2021-12-14 22:42","market":"us","language":"en","title":"Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection<blockquote>辉瑞预防奥密克戎感染有效率33%疫苗股早盘大跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157941630","media":"Tiger Newspress","summary":"Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infe","content":"<p>Vaccine stocks fell sharply in morning trading&nbsp;as Pfizer is 33% effective in preventing Omicron infection.<img src=\"https://static.tigerbbs.com/7e9e8df780c3af07950e2fa3244320d7\" tg-width=\"537\" tg-height=\"323\" referrerpolicy=\"no-referrer\">On Tuesday, Ryan Noac, CEO of Discovery Health Ltd., South Africa's largest health insurance provider, said at a news conference that two dosesPfizerThe protection rate of vaccine against admission after infection with Omicron variant strain is 70%, which is suitable for people of all ages and suffering from various chronic diseases.</p><p><blockquote>由于辉瑞预防奥密克戎感染的有效性为33%，疫苗股在早盘交易中大幅下跌。本周二，南非最大的健康保险提供商Discovery Health Ltd.首席执行官Ryan Noac在新闻发布会上表示，两剂辉瑞疫苗对感染奥密克戎变异毒株后入院的保护率为70%，适用于所有年龄段和患有多种慢性疾病的人群。</blockquote></p><p> <b>Pfizer is 33% effective in preventing Omicron infection and 80% effective in preventing Delta infection.</b></p><p><blockquote><b>辉瑞预防奥密克戎感染的有效率为33%，预防德尔塔感染的有效率为80%。</b></blockquote></p><p> This study is based on the results of 211,000 COVID-19 positive tests from November 15th to December 7th, of which about 78,000 were Omicron patients.</p><p><blockquote>这项研究基于11月15日至12月7日期间21.1万例新冠病毒阳性检测结果，其中约7.8万例为奥密克戎患者。</blockquote></p><p> The study also shows that&nbsp;<b>Omicron has a high risk of reinfection, and the Omicron strain accounts for more than 90% of South African cases.</b></p><p><blockquote>研究还显示，<b>奥密克戎再感染风险高，奥密克戎毒株占南非病例的90%以上。</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection<blockquote>辉瑞预防奥密克戎感染有效率33%疫苗股早盘大跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection<blockquote>辉瑞预防奥密克戎感染有效率33%疫苗股早盘大跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-14 22:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vaccine stocks fell sharply in morning trading&nbsp;as Pfizer is 33% effective in preventing Omicron infection.<img src=\"https://static.tigerbbs.com/7e9e8df780c3af07950e2fa3244320d7\" tg-width=\"537\" tg-height=\"323\" referrerpolicy=\"no-referrer\">On Tuesday, Ryan Noac, CEO of Discovery Health Ltd., South Africa's largest health insurance provider, said at a news conference that two dosesPfizerThe protection rate of vaccine against admission after infection with Omicron variant strain is 70%, which is suitable for people of all ages and suffering from various chronic diseases.</p><p><blockquote>由于辉瑞预防奥密克戎感染的有效性为33%，疫苗股在早盘交易中大幅下跌。本周二，南非最大的健康保险提供商Discovery Health Ltd.首席执行官Ryan Noac在新闻发布会上表示，两剂辉瑞疫苗对感染奥密克戎变异毒株后入院的保护率为70%，适用于所有年龄段和患有多种慢性疾病的人群。</blockquote></p><p> <b>Pfizer is 33% effective in preventing Omicron infection and 80% effective in preventing Delta infection.</b></p><p><blockquote><b>辉瑞预防奥密克戎感染的有效率为33%，预防德尔塔感染的有效率为80%。</b></blockquote></p><p> This study is based on the results of 211,000 COVID-19 positive tests from November 15th to December 7th, of which about 78,000 were Omicron patients.</p><p><blockquote>这项研究基于11月15日至12月7日期间21.1万例新冠病毒阳性检测结果，其中约7.8万例为奥密克戎患者。</blockquote></p><p> The study also shows that&nbsp;<b>Omicron has a high risk of reinfection, and the Omicron strain accounts for more than 90% of South African cases.</b></p><p><blockquote>研究还显示，<b>奥密克戎再感染风险高，奥密克戎毒株占南非病例的90%以上。</b></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157941630","content_text":"Vaccine stocks fell sharply in morning trading as Pfizer is 33% effective in preventing Omicron infection.On Tuesday, Ryan Noac, CEO of Discovery Health Ltd., South Africa's largest health insurance provider, said at a news conference that two dosesPfizerThe protection rate of vaccine against admission after infection with Omicron variant strain is 70%, which is suitable for people of all ages and suffering from various chronic diseases.\nPfizer is 33% effective in preventing Omicron infection and 80% effective in preventing Delta infection.\nThis study is based on the results of 211,000 COVID-19 positive tests from November 15th to December 7th, of which about 78,000 were Omicron patients.\nThe study also shows that Omicron has a high risk of reinfection, and the Omicron strain accounts for more than 90% of South African cases.","news_type":1,"symbols_score_info":{"PFE":0.9,"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857868876,"gmtCreate":1635518158073,"gmtModify":1635518158278,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582006183410147","authorIdStr":"3582006183410147"},"themes":[],"htmlText":"Tesla to the moon at record&nbsp;$1100 as Hertz further looking into increasing its order to 200,000 vehicles","listText":"Tesla to the moon at record&nbsp;$1100 as Hertz further looking into increasing its order to 200,000 vehicles","text":"Tesla to the moon at record $1100 as Hertz further looking into increasing its order to 200,000 vehicles","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/857868876","repostId":"1147653984","repostType":4,"repost":{"id":"1147653984","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1635516830,"share":"https://www.laohu8.com/m/news/1147653984?lang=zh_CN&edition=full","pubTime":"2021-10-29 22:13","market":"us","language":"en","title":"Tesla's shares price reached 1100 dollars and its market value exceeded over 1.1 trillion dollars<blockquote>特斯拉股价达到1100美元，市值超过1.1万亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147653984","media":"Tiger Newspress","summary":"Tesla's shares price reached 1100 dollars and its market value exceeded over 1.1 trillion dollars.Th","content":"<p>Tesla's shares price reached 1100 dollars and its market value exceeded over 1.1 trillion dollars.<img src=\"https://static.tigerbbs.com/6bb955d6a1040e777a3b731000c0df75\" tg-width=\"772\" tg-height=\"572\" width=\"100%\" height=\"auto\">The interim CEO of Hertz, a car rental company, said that it may increase the order of Tesla Motors electric vehicles to 200,000.</p><p><blockquote>特斯拉股价达到1100美元，市值超过1.1万亿美元。汽车租赁公司赫兹临时CEO表示，可能会将特斯拉电动汽车的订单增加到20万辆。</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>Tesla's shares price reached 1100 dollars and its market value exceeded over 1.1 trillion dollars<blockquote>特斯拉股价达到1100美元，市值超过1.1万亿美元</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; 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class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-29 22:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla's shares price reached 1100 dollars and its market value exceeded over 1.1 trillion dollars.<img src=\"https://static.tigerbbs.com/6bb955d6a1040e777a3b731000c0df75\" tg-width=\"772\" tg-height=\"572\" width=\"100%\" height=\"auto\">The interim CEO of Hertz, a car rental company, said that it may increase the order of Tesla Motors electric vehicles to 200,000.</p><p><blockquote>特斯拉股价达到1100美元，市值超过1.1万亿美元。汽车租赁公司赫兹临时CEO表示，可能会将特斯拉电动汽车的订单增加到20万辆。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147653984","content_text":"Tesla's shares price reached 1100 dollars and its market value exceeded over 1.1 trillion dollars.The interim CEO of Hertz, a car 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2022","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/601596688","repostId":"2188523759","repostType":4,"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874680126,"gmtCreate":1637766115668,"gmtModify":1637766115873,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582006183410147","authorIdStr":"3582006183410147"},"themes":[],"htmlText":"Tesla on another&nbsp;roller coaster ride from Musk sell&nbsp;off","listText":"Tesla on another&nbsp;roller coaster ride from Musk sell&nbsp;off","text":"Tesla on another roller coaster ride from Musk sell 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shortage","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/862115714","repostId":"1171210263","repostType":4,"repost":{"id":"1171210263","kind":"news","pubTimestamp":1632841539,"share":"https://www.laohu8.com/m/news/1171210263?lang=zh_CN&edition=full","pubTime":"2021-09-28 23:05","market":"us","language":"en","title":"AMD And Intel Offer Similar Returns - Focus On The Risks<blockquote>AMD和英特尔提供类似的回报——关注风险</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171210263","media":"Seeking Alpha","summary":"Summary\n\nSemiconductor stocks benefit from long-term tailwinds, but steep returns are not guaranteed","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Semiconductor stocks benefit from long-term tailwinds, but steep returns are not guaranteed.</li>  <li>INTC and AMD will deliver high-single-digits returns in the coming years, I believe, but due to different reasons.</li>  <li>The two companies come with different risks, and investors may want to decide what type of risk they are willing to take on.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef88f36e97fe83170b1cf0f19a56398f\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>HQuality Video/iStock via Getty Images</span></p><p><blockquote><ul><li>半导体股受益于长期顺风，但并不能保证获得丰厚的回报。</li><li>我相信，INTC和AMD将在未来几年实现高个位数回报，但原因不同。</li><li>这两家公司面临不同的风险，投资者可能需要决定他们愿意承担什么类型的风险。</li></ul><p class=\"t-img-caption\"><span>HQuality Video/iStock来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Despite big differences, Advanced Micro Devices(NASDAQ:AMD)and Intel(NASDAQ:INTC)do, according to my models, surprisingly offer a relatively similar return outlook, in the high-single-digits, over the coming years.</p><p><blockquote>尽管存在很大差异，但根据我的模型，Advanced Micro Devices（纳斯达克股票代码：AMD）和英特尔（纳斯达克股票代码：INTC）在未来几年确实提供了相对相似的高个位数回报前景。</blockquote></p><p> I do hence believe that it may make more sense to focus on the two companies' unique sets of risks when deciding between these stocks. Investors have to consider whether they do feel better being exposed to Intel's execution risk, or whether they want to go with AMD, where valuation depression and its reliance on foundries are the key risks factors.</p><p><blockquote>因此，我确实认为，在选择这些股票时，关注两家公司独特的风险可能更有意义。投资者必须考虑，面对英特尔的执行风险，他们是否确实感觉更好，或者他们是否想选择AMD，因为AMD的估值低迷和对代工厂的依赖是主要的风险因素。</blockquote></p><p> <b>Total Return Forecast</b></p><p><blockquote><b>总回报预测</b></blockquote></p><p> Investors naturally are interested in generating returns from their investments, thus let's try to forecast what returns could look like through 2025. AMD is forecasted to generate EPS of $2.50 this year, and analysts expect that this amount will climb at an attractive double-digit rate, which gets us to a 2025 EPS estimate of&nbsp;$5.65.</p><p><blockquote>投资者自然对从投资中获得回报感兴趣，因此让我们尝试预测2025年的回报。AMD预计今年的每股收益为2.50美元，分析师预计这一数字将以有吸引力的两位数速度攀升，这使我们预计2025年每股收益为5.65美元。</blockquote></p><p> Right now, AMD trades for more than 40x its net profit, but this will likely change over the years, due to two reasons. First, AMD has traded at lower valuations in the past, and second, companies that grow in size do usually see their growth rate slowdown, which justifies multiple compression over the years. As we can see in the following chart, shares averaged a P/E multiple in the high 30s over the last year, versus a 41x forward earnings multiple today.</p><p><blockquote>目前，AMD的净利润是其净利润的40倍以上，但由于两个原因，这种情况可能会在未来几年发生变化。首先，AMD过去的估值较低，其次，规模增长的公司通常会看到增长率放缓，这证明了多年来多次压缩的合理性。如下图所示，去年该股的平均市盈率高达30多倍，而目前的预期市盈率为41倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93c478c5ffedc2fb5ca10ec75ae643ef\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Considering the aforementioned multiple compression as AMD matures, I believe that one could assign a fair value multiple of 25 for 2025 -- this would still represent a huge premium over lower-growth peers such as Intel but would, at the same time, seem more reasonable for a more mature AMD. The target price for 2025, in this scenario, is $141, representing an upside potential of close to 40%, which gets us to an annual return of roughly 8% -- attractive, but not outstanding.</p><p><blockquote>考虑到AMD成熟时的上述倍数压缩，我相信可以将2025年的公允价值倍数定为25——这仍然比英特尔等增长较低的同行有巨大溢价，但同时，似乎更适合更成熟的AMD。在这种情况下，2025年的目标价为141美元，上涨潜力接近40%，这使我们的年回报率约为8%——有吸引力，但并不出色。</blockquote></p><p> Intel, meanwhile, is forecasted to generate EPS of $4.80 this year. Analysts are predicting relatively uneven EPS performance over the coming years, which may very well come true. If Intel grows its EPS by just 2% a year, which seems like a very much achievable goal thanks to inflation, growing global chip demand, and due to the fact that Intel's foundry business should start to have an impact by 2025, then we get to an EPS target of around $5.20. Today, INTC trades at just 11x forward earnings, but that is a rather low valuation both in absolute terms and relative to how shares were valued in the past. The median earnings multiple over the last five years is 13.3, which seems like an appropriate target valuation, which, in turn, gets us to a price target of $69. Relative to Intel's current share price, this would allow for annual share price gains of 6.5%. Add in a 2.5%-yielding dividend, and Intel could generate 9% annual returns, even with a pretty slim earnings growth rate. In this scenario analysis, Intel thus looks like the slightly better pick, but one can, of course, argue that inputs should be different.</p><p><blockquote>与此同时，英特尔预计今年的每股收益为4.80美元。分析师预测未来几年每股收益表现相对不均衡，这很可能会成为现实。如果英特尔的每股收益每年仅增长2%，由于通货膨胀、全球芯片需求不断增长，以及英特尔的代工业务应该在2025年开始产生影响，这似乎是一个非常可以实现的目标，那么我们的每股收益目标约为5.20美元。如今，INTC的预期市盈率仅为11倍，但无论是绝对值还是相对于过去的股票估值，这都是一个相当低的估值。过去五年的市盈率中位数为13.3，这似乎是一个合适的目标估值，这反过来又使我们的目标价为69美元。相对于英特尔目前的股价，这将使年度股价上涨6.5%。加上2.5%的股息收益率，即使盈利增长率相当低，英特尔也可以产生9%的年回报率。因此，在这种情景分析中，英特尔看起来是稍微好一点的选择，但人们当然可以认为输入应该不同。</blockquote></p><p> <b>Balance Sheet And Shareholder Returns</b></p><p><blockquote><b>资产负债表和股东回报</b></blockquote></p><p> Intel offers a dividend yielding 2.5% at current prices, which is roughly twice the yield of the broad market. AMD, on the other hand, does not offer any dividend payments for now. This isn't a large surprise, however, as AMD has not been generating meaningful free cash flows over the more recent past, and was thus not really in a position to offer any generous payments. Intel, meanwhile, due to its way stronger free cash generation, was not only able to raise its dividend regularly, but on top of that, Intel has been paying out billions in cash via share repurchases. Over the last three years alone, Intel's share count dropped by 11%, while AMD's share count has risen by more than 20% in the same time frame:</p><p><blockquote>按当前价格计算，英特尔提供的股息收益率为2.5%，大约是大盘收益率的两倍。另一方面，AMD目前不提供任何股息支付。然而，这并不令人意外，因为AMD在最近的过去并没有产生有意义的自由现金流，因此实际上无法提供任何慷慨的付款。与此同时，英特尔由于其更强的自由现金生成能力，不仅能够定期提高股息，而且最重要的是，英特尔还通过股票回购支付了数十亿美元的现金。仅在过去三年中，英特尔的股票数量就下降了11%，而AMD的股票数量在同一时间内上涨了20%以上：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f767d35c5cbdd7105dae1ecc4d14c539\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> This is the result of share issuance in AMD's case, e.g. to retain talent and pay executives, while Intel's declining share count can be explained by its buyback programs working in favor of shareholders. Share count dilution at AMD has not been a major issue in the past, as shareholders still benefited from very sizeable returns, but in case AMD continues to dilute shareholders rapidly in the future, returns may take a hit from that.</p><p><blockquote>这是AMD案例中股票发行的结果，例如为了留住人才和支付高管工资，而英特尔股票数量的下降可以用其有利于股东的回购计划来解释。AMD的股票数量稀释在过去并不是一个主要问题，因为股东仍然受益于非常可观的回报，但如果AMD未来继续迅速稀释股东，回报可能会受到打击。</blockquote></p><p> AMD has a pretty clean balance sheet, with&nbsp;$3.7 billionin cash outstripping its long-term debt. Relative to its market cap of well above $100 billion, its net cash position isn't especially meaningful, however. Intel, meanwhile, has an $8 billion cash position, but also holds a $36 billion debt position (short- and long-term debt combined), according to its&nbsp;10-Q. AMD thus has the better balance sheet today, but this came at the cost of issuing shares repeatedly and avoiding shareholder return programs.</p><p><blockquote>AMD的资产负债表相当干净，37亿美元的现金超过了其长期债务。然而，相对于其远高于1000亿美元的市值，其净现金头寸并不是特别有意义。与此同时，根据其10-Q报告，英特尔拥有80亿美元的现金头寸，但也持有360亿美元的债务头寸（短期和长期债务合计）。因此，AMD如今拥有更好的资产负债表，但这是以反复发行股票和避免股东回报计划为代价的。</blockquote></p><p> <b>What Risks Do You Want To Take On?</b></p><p><blockquote><b>你想冒什么风险？</b></blockquote></p><p> Intel slightly beats AMD's returns in my model, but since there are no major differences in forecasted total returns, investors may want to base their investment decisions on other things, such as the risks of investing in these stocks.</p><p><blockquote>在我的模型中，英特尔的回报略高于AMD，但由于预测总回报没有重大差异，投资者可能希望根据其他因素做出投资决策，例如投资这些股票的风险。</blockquote></p><p> Intel's strategy involves expanding its footprint in the US, which would help in shielding the company from trouble in future trade wars. With the administration&nbsp;in favor of&nbsp;onshoring chip production, Intel may benefit from favorable politics and subsidies with these endeavors. Intel seeks to become a major player in foundries through IFS -- when we look at TSM we see that this can be a highly profitable business model when done right. IFS, which is growing from zero today, does&nbsp;have a very solid outlook&nbsp;and could accelerate Intel's overall growth meaningfully in the coming years. Its US footprint could come in handy if tensions between Taiwan and the US rise, as this may lead to customers favoring Intel's production over peers, while at the same time, Intel could be seen as a safe haven by investors, which may lead to multiple expansion tailwinds in such a situation.</p><p><blockquote>英特尔的战略包括扩大其在美国的足迹，这将有助于该公司在未来的贸易战中免受麻烦。由于政府支持芯片生产在岸，英特尔可能会通过这些努力从有利的政治和补贴中受益。英特尔寻求通过IFS成为代工厂的主要参与者——当我们审视TSM时，我们发现如果做得好，这可能是一种高利润的商业模式。如今从零增长的IFS确实具有非常稳健的前景，并且可能在未来几年显着加速英特尔的整体增长。如果台湾和美国之间的紧张局势加剧，其在美国的足迹可能会派上用场，因为这可能会导致客户比同行更青睐英特尔的生产，同时，英特尔可能会被投资者视为避风港，这可能会导致在这种情况下出现多重扩张顺风。</blockquote></p><p> Geopolitics is thus not a key issue when investing in Intel. Instead, I believe that execution is the main risk. The company has a huge market share, strong cash flows, and trades very inexpensively, but its main problem is its inability to execute well when it comes to the introduction of new process types, which allows peers such as AMD or NVIDIA to gain market share. This does not only hold true for its 7nm chip&nbsp;delay&nbsp;but the company also had to delay the newest version of its Xeon server chips this summer. Thanks to swapping its CEO to a more tech-focused/engineering-focused CEO, Pat Gelsinger, earlier this year, it seems likely that Intel will get better at bringing new products to the market in a timely manner. Still, this is Intel's core problem and will likely remain the core risk going forward.</p><p><blockquote>因此，地缘政治不是投资英特尔的关键问题。相反，我认为执行是主要的风险。该公司拥有巨大的市场份额、强劲的现金流，并且交易成本非常低廉，但其主要问题是在引入新工艺类型时无法很好地执行，这使得AMD或英伟达等同行获得了市场份额。这不仅适用于其7纳米芯片延迟，而且该公司还不得不在今年夏天推迟其最新版本的至强服务器芯片。由于今年早些时候将其首席执行官换成了更注重技术/工程的首席执行官帕特·基辛格（Pat Gelsinger），英特尔似乎很可能会更好地及时将新产品推向市场。尽管如此，这仍然是英特尔的核心问题，并且可能仍然是未来的核心风险。</blockquote></p><p> AMD, on the other hand, has been great at execution, and this doesn't seem to be a major risk for the company. There are, however, two other risk factors investors should not ignore. The first one is valuation risk -- AMD trades at a quite elevated valuation of more than 40x net profits, and this could change due to a range of factors. If, for example, interest rates climb, highly-valued growth companies such as AMD would be more exposed to multiple compression than value stocks such as Intel. If global chip demand growth slows down and AMD grows its EPS less than expected, its multiples could also decline considerably. Intel is more insulated from that, as not a lot of growth is priced in anyways. If AMD's shares were to trade down to 30x net profits, all else equal, its shares would drop by more than 25%, and since shares traded in the $70s just a couple of months ago, this does not seem extremely unlikely.</p><p><blockquote>另一方面，AMD在执行力方面非常出色，这似乎并不是该公司的主要风险。然而，投资者不应忽视另外两个风险因素。第一个是估值风险——AMD的估值相当高，超过净利润的40倍，而且这种情况可能会因一系列因素而发生变化。例如，如果利率攀升，AMD等高估值成长型公司将比英特尔等价值股更容易受到多重压缩。如果全球芯片需求增长放缓，AMD每股收益增长低于预期，其市盈率也可能大幅下降。英特尔则更不受此影响，因为无论如何都没有太多的增长被定价。如果AMD的股价跌至净利润的30倍，在其他条件相同的情况下，其股价将下跌25%以上，而且由于几个月前股价还在70美元左右，这似乎并非极不可能。</blockquote></p><p> Another important risk is AMD's reliance on foundries such as TSM. It means that it is in a weak negotiating position should TSM ever decide to demand a bigger portion of the overall pie. In that case, AMD's margins could compress, which, in turn, could pressure EPS growth and its valuation.</p><p><blockquote>另一个重要风险是AMD对TSM等代工厂的依赖。这意味着，如果TSM决定要求更大的份额，它将处于谈判地位。在这种情况下，AMD的利润率可能会压缩，进而可能会给每股收益增长及其估值带来压力。</blockquote></p><p> In some sense, investors have to decide whether they want to go with a company that has low execution risk but significant valuation downside and that is more exposed to geopolitical risks, or whether they want to go with a stock that is pretty inexpensive and has low valuation downside, but where execution may turn out to be a hindrance for future returns.</p><p><blockquote>从某种意义上说，投资者必须决定是否要选择一家执行风险较低但估值大幅下跌且更容易受到地缘政治风险的公司，或者是否要选择一家相当便宜且估值较低的股票。估值下行，但执行可能会成为未来回报的障碍。</blockquote></p><p> I do favor Intel slightly among these two, and it is part of my buy-and-hold portfolio, but I do not at all want to imply that AMD is a bad company. Quite the contrary, we released abullish&nbsp;article on AMD in June, with shares delivering 30% since then. Due to the valuation expansion since then, buying now seems like a less favorable idea, however.</p><p><blockquote>在这两家公司中，我确实稍微倾向于英特尔，它是我买入并持有投资组合的一部分，但我根本不想暗示AMD是一家糟糕的公司。恰恰相反，我们在6月份发布了一篇关于AMD的看涨文章，此后股价上涨了30%。然而，由于此后估值扩张，现在购买似乎是一个不太有利的想法。</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>AMD And Intel Offer Similar Returns - Focus On The Risks<blockquote>AMD和英特尔提供类似的回报——关注风险</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\">\nAMD And Intel Offer Similar Returns - Focus On The Risks<blockquote>AMD和英特尔提供类似的回报——关注风险</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-09-28 23:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Semiconductor stocks benefit from long-term tailwinds, but steep returns are not guaranteed.</li>  <li>INTC and AMD will deliver high-single-digits returns in the coming years, I believe, but due to different reasons.</li>  <li>The two companies come with different risks, and investors may want to decide what type of risk they are willing to take on.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef88f36e97fe83170b1cf0f19a56398f\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>HQuality Video/iStock via Getty Images</span></p><p><blockquote><ul><li>半导体股受益于长期顺风，但并不能保证获得丰厚的回报。</li><li>我相信，INTC和AMD将在未来几年实现高个位数回报，但原因不同。</li><li>这两家公司面临不同的风险，投资者可能需要决定他们愿意承担什么类型的风险。</li></ul><p class=\"t-img-caption\"><span>HQuality Video/iStock来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Despite big differences, Advanced Micro Devices(NASDAQ:AMD)and Intel(NASDAQ:INTC)do, according to my models, surprisingly offer a relatively similar return outlook, in the high-single-digits, over the coming years.</p><p><blockquote>尽管存在很大差异，但根据我的模型，Advanced Micro Devices（纳斯达克股票代码：AMD）和英特尔（纳斯达克股票代码：INTC）在未来几年确实提供了相对相似的高个位数回报前景。</blockquote></p><p> I do hence believe that it may make more sense to focus on the two companies' unique sets of risks when deciding between these stocks. Investors have to consider whether they do feel better being exposed to Intel's execution risk, or whether they want to go with AMD, where valuation depression and its reliance on foundries are the key risks factors.</p><p><blockquote>因此，我确实认为，在选择这些股票时，关注两家公司独特的风险可能更有意义。投资者必须考虑，面对英特尔的执行风险，他们是否确实感觉更好，或者他们是否想选择AMD，因为AMD的估值低迷和对代工厂的依赖是主要的风险因素。</blockquote></p><p> <b>Total Return Forecast</b></p><p><blockquote><b>总回报预测</b></blockquote></p><p> Investors naturally are interested in generating returns from their investments, thus let's try to forecast what returns could look like through 2025. AMD is forecasted to generate EPS of $2.50 this year, and analysts expect that this amount will climb at an attractive double-digit rate, which gets us to a 2025 EPS estimate of&nbsp;$5.65.</p><p><blockquote>投资者自然对从投资中获得回报感兴趣，因此让我们尝试预测2025年的回报。AMD预计今年的每股收益为2.50美元，分析师预计这一数字将以有吸引力的两位数速度攀升，这使我们预计2025年每股收益为5.65美元。</blockquote></p><p> Right now, AMD trades for more than 40x its net profit, but this will likely change over the years, due to two reasons. First, AMD has traded at lower valuations in the past, and second, companies that grow in size do usually see their growth rate slowdown, which justifies multiple compression over the years. As we can see in the following chart, shares averaged a P/E multiple in the high 30s over the last year, versus a 41x forward earnings multiple today.</p><p><blockquote>目前，AMD的净利润是其净利润的40倍以上，但由于两个原因，这种情况可能会在未来几年发生变化。首先，AMD过去的估值较低，其次，规模增长的公司通常会看到增长率放缓，这证明了多年来多次压缩的合理性。如下图所示，去年该股的平均市盈率高达30多倍，而目前的预期市盈率为41倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93c478c5ffedc2fb5ca10ec75ae643ef\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Considering the aforementioned multiple compression as AMD matures, I believe that one could assign a fair value multiple of 25 for 2025 -- this would still represent a huge premium over lower-growth peers such as Intel but would, at the same time, seem more reasonable for a more mature AMD. The target price for 2025, in this scenario, is $141, representing an upside potential of close to 40%, which gets us to an annual return of roughly 8% -- attractive, but not outstanding.</p><p><blockquote>考虑到AMD成熟时的上述倍数压缩，我相信可以将2025年的公允价值倍数定为25——这仍然比英特尔等增长较低的同行有巨大溢价，但同时，似乎更适合更成熟的AMD。在这种情况下，2025年的目标价为141美元，上涨潜力接近40%，这使我们的年回报率约为8%——有吸引力，但并不出色。</blockquote></p><p> Intel, meanwhile, is forecasted to generate EPS of $4.80 this year. Analysts are predicting relatively uneven EPS performance over the coming years, which may very well come true. If Intel grows its EPS by just 2% a year, which seems like a very much achievable goal thanks to inflation, growing global chip demand, and due to the fact that Intel's foundry business should start to have an impact by 2025, then we get to an EPS target of around $5.20. Today, INTC trades at just 11x forward earnings, but that is a rather low valuation both in absolute terms and relative to how shares were valued in the past. The median earnings multiple over the last five years is 13.3, which seems like an appropriate target valuation, which, in turn, gets us to a price target of $69. Relative to Intel's current share price, this would allow for annual share price gains of 6.5%. Add in a 2.5%-yielding dividend, and Intel could generate 9% annual returns, even with a pretty slim earnings growth rate. In this scenario analysis, Intel thus looks like the slightly better pick, but one can, of course, argue that inputs should be different.</p><p><blockquote>与此同时，英特尔预计今年的每股收益为4.80美元。分析师预测未来几年每股收益表现相对不均衡，这很可能会成为现实。如果英特尔的每股收益每年仅增长2%，由于通货膨胀、全球芯片需求不断增长，以及英特尔的代工业务应该在2025年开始产生影响，这似乎是一个非常可以实现的目标，那么我们的每股收益目标约为5.20美元。如今，INTC的预期市盈率仅为11倍，但无论是绝对值还是相对于过去的股票估值，这都是一个相当低的估值。过去五年的市盈率中位数为13.3，这似乎是一个合适的目标估值，这反过来又使我们的目标价为69美元。相对于英特尔目前的股价，这将使年度股价上涨6.5%。加上2.5%的股息收益率，即使盈利增长率相当低，英特尔也可以产生9%的年回报率。因此，在这种情景分析中，英特尔看起来是稍微好一点的选择，但人们当然可以认为输入应该不同。</blockquote></p><p> <b>Balance Sheet And Shareholder Returns</b></p><p><blockquote><b>资产负债表和股东回报</b></blockquote></p><p> Intel offers a dividend yielding 2.5% at current prices, which is roughly twice the yield of the broad market. AMD, on the other hand, does not offer any dividend payments for now. This isn't a large surprise, however, as AMD has not been generating meaningful free cash flows over the more recent past, and was thus not really in a position to offer any generous payments. Intel, meanwhile, due to its way stronger free cash generation, was not only able to raise its dividend regularly, but on top of that, Intel has been paying out billions in cash via share repurchases. Over the last three years alone, Intel's share count dropped by 11%, while AMD's share count has risen by more than 20% in the same time frame:</p><p><blockquote>按当前价格计算，英特尔提供的股息收益率为2.5%，大约是大盘收益率的两倍。另一方面，AMD目前不提供任何股息支付。然而，这并不令人意外，因为AMD在最近的过去并没有产生有意义的自由现金流，因此实际上无法提供任何慷慨的付款。与此同时，英特尔由于其更强的自由现金生成能力，不仅能够定期提高股息，而且最重要的是，英特尔还通过股票回购支付了数十亿美元的现金。仅在过去三年中，英特尔的股票数量就下降了11%，而AMD的股票数量在同一时间内上涨了20%以上：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f767d35c5cbdd7105dae1ecc4d14c539\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> This is the result of share issuance in AMD's case, e.g. to retain talent and pay executives, while Intel's declining share count can be explained by its buyback programs working in favor of shareholders. Share count dilution at AMD has not been a major issue in the past, as shareholders still benefited from very sizeable returns, but in case AMD continues to dilute shareholders rapidly in the future, returns may take a hit from that.</p><p><blockquote>这是AMD案例中股票发行的结果，例如为了留住人才和支付高管工资，而英特尔股票数量的下降可以用其有利于股东的回购计划来解释。AMD的股票数量稀释在过去并不是一个主要问题，因为股东仍然受益于非常可观的回报，但如果AMD未来继续迅速稀释股东，回报可能会受到打击。</blockquote></p><p> AMD has a pretty clean balance sheet, with&nbsp;$3.7 billionin cash outstripping its long-term debt. Relative to its market cap of well above $100 billion, its net cash position isn't especially meaningful, however. Intel, meanwhile, has an $8 billion cash position, but also holds a $36 billion debt position (short- and long-term debt combined), according to its&nbsp;10-Q. AMD thus has the better balance sheet today, but this came at the cost of issuing shares repeatedly and avoiding shareholder return programs.</p><p><blockquote>AMD的资产负债表相当干净，37亿美元的现金超过了其长期债务。然而，相对于其远高于1000亿美元的市值，其净现金头寸并不是特别有意义。与此同时，根据其10-Q报告，英特尔拥有80亿美元的现金头寸，但也持有360亿美元的债务头寸（短期和长期债务合计）。因此，AMD如今拥有更好的资产负债表，但这是以反复发行股票和避免股东回报计划为代价的。</blockquote></p><p> <b>What Risks Do You Want To Take On?</b></p><p><blockquote><b>你想冒什么风险？</b></blockquote></p><p> Intel slightly beats AMD's returns in my model, but since there are no major differences in forecasted total returns, investors may want to base their investment decisions on other things, such as the risks of investing in these stocks.</p><p><blockquote>在我的模型中，英特尔的回报略高于AMD，但由于预测总回报没有重大差异，投资者可能希望根据其他因素做出投资决策，例如投资这些股票的风险。</blockquote></p><p> Intel's strategy involves expanding its footprint in the US, which would help in shielding the company from trouble in future trade wars. With the administration&nbsp;in favor of&nbsp;onshoring chip production, Intel may benefit from favorable politics and subsidies with these endeavors. Intel seeks to become a major player in foundries through IFS -- when we look at TSM we see that this can be a highly profitable business model when done right. IFS, which is growing from zero today, does&nbsp;have a very solid outlook&nbsp;and could accelerate Intel's overall growth meaningfully in the coming years. Its US footprint could come in handy if tensions between Taiwan and the US rise, as this may lead to customers favoring Intel's production over peers, while at the same time, Intel could be seen as a safe haven by investors, which may lead to multiple expansion tailwinds in such a situation.</p><p><blockquote>英特尔的战略包括扩大其在美国的足迹，这将有助于该公司在未来的贸易战中免受麻烦。由于政府支持芯片生产在岸，英特尔可能会通过这些努力从有利的政治和补贴中受益。英特尔寻求通过IFS成为代工厂的主要参与者——当我们审视TSM时，我们发现如果做得好，这可能是一种高利润的商业模式。如今从零增长的IFS确实具有非常稳健的前景，并且可能在未来几年显着加速英特尔的整体增长。如果台湾和美国之间的紧张局势加剧，其在美国的足迹可能会派上用场，因为这可能会导致客户比同行更青睐英特尔的生产，同时，英特尔可能会被投资者视为避风港，这可能会导致在这种情况下出现多重扩张顺风。</blockquote></p><p> Geopolitics is thus not a key issue when investing in Intel. Instead, I believe that execution is the main risk. The company has a huge market share, strong cash flows, and trades very inexpensively, but its main problem is its inability to execute well when it comes to the introduction of new process types, which allows peers such as AMD or NVIDIA to gain market share. This does not only hold true for its 7nm chip&nbsp;delay&nbsp;but the company also had to delay the newest version of its Xeon server chips this summer. Thanks to swapping its CEO to a more tech-focused/engineering-focused CEO, Pat Gelsinger, earlier this year, it seems likely that Intel will get better at bringing new products to the market in a timely manner. Still, this is Intel's core problem and will likely remain the core risk going forward.</p><p><blockquote>因此，地缘政治不是投资英特尔的关键问题。相反，我认为执行是主要的风险。该公司拥有巨大的市场份额、强劲的现金流，并且交易成本非常低廉，但其主要问题是在引入新工艺类型时无法很好地执行，这使得AMD或英伟达等同行获得了市场份额。这不仅适用于其7纳米芯片延迟，而且该公司还不得不在今年夏天推迟其最新版本的至强服务器芯片。由于今年早些时候将其首席执行官换成了更注重技术/工程的首席执行官帕特·基辛格（Pat Gelsinger），英特尔似乎很可能会更好地及时将新产品推向市场。尽管如此，这仍然是英特尔的核心问题，并且可能仍然是未来的核心风险。</blockquote></p><p> AMD, on the other hand, has been great at execution, and this doesn't seem to be a major risk for the company. There are, however, two other risk factors investors should not ignore. The first one is valuation risk -- AMD trades at a quite elevated valuation of more than 40x net profits, and this could change due to a range of factors. If, for example, interest rates climb, highly-valued growth companies such as AMD would be more exposed to multiple compression than value stocks such as Intel. If global chip demand growth slows down and AMD grows its EPS less than expected, its multiples could also decline considerably. Intel is more insulated from that, as not a lot of growth is priced in anyways. If AMD's shares were to trade down to 30x net profits, all else equal, its shares would drop by more than 25%, and since shares traded in the $70s just a couple of months ago, this does not seem extremely unlikely.</p><p><blockquote>另一方面，AMD在执行力方面非常出色，这似乎并不是该公司的主要风险。然而，投资者不应忽视另外两个风险因素。第一个是估值风险——AMD的估值相当高，超过净利润的40倍，而且这种情况可能会因一系列因素而发生变化。例如，如果利率攀升，AMD等高估值成长型公司将比英特尔等价值股更容易受到多重压缩。如果全球芯片需求增长放缓，AMD每股收益增长低于预期，其市盈率也可能大幅下降。英特尔则更不受此影响，因为无论如何都没有太多的增长被定价。如果AMD的股价跌至净利润的30倍，在其他条件相同的情况下，其股价将下跌25%以上，而且由于几个月前股价还在70美元左右，这似乎并非极不可能。</blockquote></p><p> Another important risk is AMD's reliance on foundries such as TSM. It means that it is in a weak negotiating position should TSM ever decide to demand a bigger portion of the overall pie. In that case, AMD's margins could compress, which, in turn, could pressure EPS growth and its valuation.</p><p><blockquote>另一个重要风险是AMD对TSM等代工厂的依赖。这意味着，如果TSM决定要求更大的份额，它将处于谈判地位。在这种情况下，AMD的利润率可能会压缩，进而可能会给每股收益增长及其估值带来压力。</blockquote></p><p> In some sense, investors have to decide whether they want to go with a company that has low execution risk but significant valuation downside and that is more exposed to geopolitical risks, or whether they want to go with a stock that is pretty inexpensive and has low valuation downside, but where execution may turn out to be a hindrance for future returns.</p><p><blockquote>从某种意义上说，投资者必须决定是否要选择一家执行风险较低但估值大幅下跌且更容易受到地缘政治风险的公司，或者是否要选择一家相当便宜且估值较低的股票。估值下行，但执行可能会成为未来回报的障碍。</blockquote></p><p> I do favor Intel slightly among these two, and it is part of my buy-and-hold portfolio, but I do not at all want to imply that AMD is a bad company. Quite the contrary, we released abullish&nbsp;article on AMD in June, with shares delivering 30% since then. Due to the valuation expansion since then, buying now seems like a less favorable idea, however.</p><p><blockquote>在这两家公司中，我确实稍微倾向于英特尔，它是我买入并持有投资组合的一部分，但我根本不想暗示AMD是一家糟糕的公司。恰恰相反，我们在6月份发布了一篇关于AMD的看涨文章，此后股价上涨了30%。然而，由于此后估值扩张，现在购买似乎是一个不太有利的想法。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457363-amd-intel-offer-similar-returns-focus-on-risks\">Seeking Alpha</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":{"AMD":"美国超微公司","INTC":"英特尔"},"source_url":"https://seekingalpha.com/article/4457363-amd-intel-offer-similar-returns-focus-on-risks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171210263","content_text":"Summary\n\nSemiconductor stocks benefit from long-term tailwinds, but steep returns are not guaranteed.\nINTC and AMD will deliver high-single-digits returns in the coming years, I believe, but due to different reasons.\nThe two companies come with different risks, and investors may want to decide what type of risk they are willing to take on.\n\nHQuality Video/iStock via Getty Images\nArticle Thesis\nDespite big differences, Advanced Micro Devices(NASDAQ:AMD)and Intel(NASDAQ:INTC)do, according to my models, surprisingly offer a relatively similar return outlook, in the high-single-digits, over the coming years.\nI do hence believe that it may make more sense to focus on the two companies' unique sets of risks when deciding between these stocks. Investors have to consider whether they do feel better being exposed to Intel's execution risk, or whether they want to go with AMD, where valuation depression and its reliance on foundries are the key risks factors.\nTotal Return Forecast\nInvestors naturally are interested in generating returns from their investments, thus let's try to forecast what returns could look like through 2025. AMD is forecasted to generate EPS of $2.50 this year, and analysts expect that this amount will climb at an attractive double-digit rate, which gets us to a 2025 EPS estimate of $5.65.\nRight now, AMD trades for more than 40x its net profit, but this will likely change over the years, due to two reasons. First, AMD has traded at lower valuations in the past, and second, companies that grow in size do usually see their growth rate slowdown, which justifies multiple compression over the years. As we can see in the following chart, shares averaged a P/E multiple in the high 30s over the last year, versus a 41x forward earnings multiple today.\nData by YCharts\nConsidering the aforementioned multiple compression as AMD matures, I believe that one could assign a fair value multiple of 25 for 2025 -- this would still represent a huge premium over lower-growth peers such as Intel but would, at the same time, seem more reasonable for a more mature AMD. The target price for 2025, in this scenario, is $141, representing an upside potential of close to 40%, which gets us to an annual return of roughly 8% -- attractive, but not outstanding.\nIntel, meanwhile, is forecasted to generate EPS of $4.80 this year. Analysts are predicting relatively uneven EPS performance over the coming years, which may very well come true. If Intel grows its EPS by just 2% a year, which seems like a very much achievable goal thanks to inflation, growing global chip demand, and due to the fact that Intel's foundry business should start to have an impact by 2025, then we get to an EPS target of around $5.20. Today, INTC trades at just 11x forward earnings, but that is a rather low valuation both in absolute terms and relative to how shares were valued in the past. The median earnings multiple over the last five years is 13.3, which seems like an appropriate target valuation, which, in turn, gets us to a price target of $69. Relative to Intel's current share price, this would allow for annual share price gains of 6.5%. Add in a 2.5%-yielding dividend, and Intel could generate 9% annual returns, even with a pretty slim earnings growth rate. In this scenario analysis, Intel thus looks like the slightly better pick, but one can, of course, argue that inputs should be different.\nBalance Sheet And Shareholder Returns\nIntel offers a dividend yielding 2.5% at current prices, which is roughly twice the yield of the broad market. AMD, on the other hand, does not offer any dividend payments for now. This isn't a large surprise, however, as AMD has not been generating meaningful free cash flows over the more recent past, and was thus not really in a position to offer any generous payments. Intel, meanwhile, due to its way stronger free cash generation, was not only able to raise its dividend regularly, but on top of that, Intel has been paying out billions in cash via share repurchases. Over the last three years alone, Intel's share count dropped by 11%, while AMD's share count has risen by more than 20% in the same time frame:\nData by YCharts\nThis is the result of share issuance in AMD's case, e.g. to retain talent and pay executives, while Intel's declining share count can be explained by its buyback programs working in favor of shareholders. Share count dilution at AMD has not been a major issue in the past, as shareholders still benefited from very sizeable returns, but in case AMD continues to dilute shareholders rapidly in the future, returns may take a hit from that.\nAMD has a pretty clean balance sheet, with $3.7 billionin cash outstripping its long-term debt. Relative to its market cap of well above $100 billion, its net cash position isn't especially meaningful, however. Intel, meanwhile, has an $8 billion cash position, but also holds a $36 billion debt position (short- and long-term debt combined), according to its 10-Q. AMD thus has the better balance sheet today, but this came at the cost of issuing shares repeatedly and avoiding shareholder return programs.\nWhat Risks Do You Want To Take On?\nIntel slightly beats AMD's returns in my model, but since there are no major differences in forecasted total returns, investors may want to base their investment decisions on other things, such as the risks of investing in these stocks.\nIntel's strategy involves expanding its footprint in the US, which would help in shielding the company from trouble in future trade wars. With the administration in favor of onshoring chip production, Intel may benefit from favorable politics and subsidies with these endeavors. Intel seeks to become a major player in foundries through IFS -- when we look at TSM we see that this can be a highly profitable business model when done right. IFS, which is growing from zero today, does have a very solid outlook and could accelerate Intel's overall growth meaningfully in the coming years. Its US footprint could come in handy if tensions between Taiwan and the US rise, as this may lead to customers favoring Intel's production over peers, while at the same time, Intel could be seen as a safe haven by investors, which may lead to multiple expansion tailwinds in such a situation.\nGeopolitics is thus not a key issue when investing in Intel. Instead, I believe that execution is the main risk. The company has a huge market share, strong cash flows, and trades very inexpensively, but its main problem is its inability to execute well when it comes to the introduction of new process types, which allows peers such as AMD or NVIDIA to gain market share. This does not only hold true for its 7nm chip delay but the company also had to delay the newest version of its Xeon server chips this summer. Thanks to swapping its CEO to a more tech-focused/engineering-focused CEO, Pat Gelsinger, earlier this year, it seems likely that Intel will get better at bringing new products to the market in a timely manner. Still, this is Intel's core problem and will likely remain the core risk going forward.\nAMD, on the other hand, has been great at execution, and this doesn't seem to be a major risk for the company. There are, however, two other risk factors investors should not ignore. The first one is valuation risk -- AMD trades at a quite elevated valuation of more than 40x net profits, and this could change due to a range of factors. If, for example, interest rates climb, highly-valued growth companies such as AMD would be more exposed to multiple compression than value stocks such as Intel. If global chip demand growth slows down and AMD grows its EPS less than expected, its multiples could also decline considerably. Intel is more insulated from that, as not a lot of growth is priced in anyways. If AMD's shares were to trade down to 30x net profits, all else equal, its shares would drop by more than 25%, and since shares traded in the $70s just a couple of months ago, this does not seem extremely unlikely.\nAnother important risk is AMD's reliance on foundries such as TSM. It means that it is in a weak negotiating position should TSM ever decide to demand a bigger portion of the overall pie. In that case, AMD's margins could compress, which, in turn, could pressure EPS growth and its valuation.\nIn some sense, investors have to decide whether they want to go with a company that has low execution risk but significant valuation downside and that is more exposed to geopolitical risks, or whether they want to go with a stock that is pretty inexpensive and has low valuation downside, but where execution may turn out to be a hindrance for future returns.\nI do favor Intel slightly among these two, and it is part of my buy-and-hold portfolio, but I do not at all want to imply that AMD is a bad company. Quite the contrary, we released abullish article on AMD in June, with shares delivering 30% since then. Due to the valuation expansion since then, buying now seems like a less favorable idea, however.","news_type":1,"symbols_score_info":{"AMD":0.9,"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827951938,"gmtCreate":1634395203343,"gmtModify":1634395203817,"author":{"id":"3582006183410147","authorId":"3582006183410147","name":"DZL","avatar":"https://static.tigerbbs.com/640ac3ae648fded99146300a53c24a5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582006183410147","authorIdStr":"3582006183410147"},"themes":[],"htmlText":"Goldman Sachs, investment bank with the strongest earnings, way to go","listText":"Goldman Sachs, investment bank with the strongest earnings, way to go","text":"Goldman Sachs, investment bank with the strongest earnings, way to go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/827951938","repostId":"2175146556","repostType":4,"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}