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TheRealGSY

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2021-08-19

Like please

Apple Seeing Surging China iPhone Demand, Analyst Says<blockquote>分析师称苹果看到中国iPhone需求激增</blockquote>

2021-08-14

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Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting<blockquote>特斯拉寻求缩短董事会成员任期，并在十月股东大会上做出其他改变</blockquote>

2021-08-10

[微笑] [微笑] [微笑] [微笑] [呆住] [财迷]

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2021-08-10

Impressive

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2021-09-01

S

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2021-08-26

Wow

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2021-08-25

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2021-08-23

Wow

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2021-08-21

Hopefully it rises. Anyways, please like. Thank you!

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2021-08-30

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17:43","market":"us","language":"en","title":"Netflix: Price Hikes Can't Go On Forever<blockquote>Netflix：涨价不可能永远持续下去</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174638225","media":"seekingalpha","summary":"Summary\n\nNetflix has been an exceptional growth story.\nBut as subscriber growth rates peak and compe","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Netflix has been an exceptional growth story.</li>  <li>But as subscriber growth rates peak and competitive pressures mount, the company's long-term prospects become somewhat shaky, even as near-term prospects remain highly bullish.</li>  <li>I move from a bullish to a neutral long-term prospects position until we get more information on their competitors' performances.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da1b7013f250a635449530604885fd3b\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>hocus-focus/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>Netflix是一个非凡的增长故事。</li><li>但随着用户增长率达到峰值和竞争压力增加，该公司的长期前景变得有些不稳定，尽管近期前景仍然非常乐观。</li><li>我从看涨转向中性的长期前景头寸，直到我们获得有关竞争对手表现的更多信息。</li></ul><p class=\"t-img-caption\"><span>hocus-focus/iStock未通过Getty Images发布</span></p></blockquote></p><p> Netflix (NFLX) has seen exponential growth over the past several years as subscriber growth in both the United States and globally surged to record highs. The COVID-19 pandemic further aided this growth as more individuals were stuck inside and explored the vast video library the company holds while in quarantine, lockdown, or general isolation.</p><p><blockquote>随着美国和全球的用户增长飙升至历史新高，Netflix(NFLX)在过去几年中呈指数级增长。新冠肺炎疫情进一步促进了这一增长，因为越来越多的人被困在室内，并在隔离、封锁或一般隔离期间探索公司拥有的庞大视频库。</blockquote></p><p> However, now that global and US markets have begun becoming saturated with the limit of population growth driving subscriber growth as well as the vast number of competitors the company is facing, they are becoming more and more reliant on price increases to drive higher margins and net income, which they in turn can spend on new content which they hope can become enough of a sensation to drive subscriber growth.</p><p><blockquote>然而，现在全球和美国市场已经开始饱和，人口增长对用户增长的限制以及该公司面临的大量竞争对手，他们越来越依赖价格上涨来推动更高的利润率和净收入，他们反过来可以将这些收入花在新内容上，他们希望这些内容能够引起足够的轰动来推动用户增长。</blockquote></p><p> This business model is nearly certain to produce solid and growing results for the company in the near future as streaming services remain extremely cheap at around $10 to $20 each month as we continue and see the transition away from the far more expensive cable and TV options. But the longer-term question is at what point does the company exhaust this price hiking measure and how does that fit in with the amount of investment it must make on content to stay a relevant player in this industry.</p><p><blockquote>这种商业模式几乎肯定会在不久的将来为公司带来稳健且不断增长的业绩，因为随着我们继续看到从昂贵得多的有线电视和电视选项的转变，流媒体服务仍然非常便宜，每月约10至20美元。但更长期的问题是，该公司在什么时候用尽这种提价措施，以及这如何适应它必须在内容上进行的投资额，以保持在该行业的相关参与者。</blockquote></p><p> <b>Outperforming Broader Market</b></p><p><blockquote><b>跑赢大盘</b></blockquote></p><p> Netflix has easily outperformed the broader market since it changed its business model from the early days of DVD rentals and has returned over 1,650% over the past 10 years, while the S&amp;P500 Index returned over 280%.</p><p><blockquote>自从Netflix改变了早期的DVD租赁业务模式以来，它的表现轻松跑赢了大盘，过去10年的回报率超过了1650%，而标准普尔500指数的回报率超过了280%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2523862734be22d9837a9f1678c3e8a0\" 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> This growth and outperformance were primarily driven by the surge in paid subscribers the company has seen over the better part of the past decade. Early on, they spent mountains of cash on content without seeing much profits but later on subscriber growth reached a comfortable level relative to the overall population, they put an emphasis on margins and profitability and are not reporting a steady profit stream.</p><p><blockquote>这种增长和优异表现主要是由该公司在过去十年的大部分时间里付费用户的激增推动的。早期，他们在内容上花费了大量现金，但没有看到太多利润，但后来订户增长相对于总人口达到了一个舒适的水平，他们强调利润率和盈利能力，并且没有报告稳定的利润流。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0cb152d1ab44830cfb8b9fbd70e00269\" tg-width=\"640\" tg-height=\"441\" width=\"100%\" height=\"auto\"><span>(Source: Statista -Netflix number of paying subscribers/ Company filings)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Statista-Netflix付费用户数量/公司备案）</span></p></blockquote></p><p> As we can see, worldwide subscriber growth has been slowing a little in recent years as the company inevitably hits peaks in some domestic and international markets. I expect this to continue over the coming quarters as we see both a saturation in this growth organically but also as people return to work, there is bound to be a certain percentage of pandemic-era users which have not been big viewers before the lockdowns who minimize expenses by canceling their subscription.</p><p><blockquote>正如我们所看到的，近年来全球用户增长略有放缓，因为该公司不可避免地在一些国内和国际市场达到峰值。我预计这种情况将在未来几个季度继续下去，因为我们看到这种增长的有机饱和，而且随着人们重返工作岗位，肯定会有一定比例的大流行时代的用户在封锁之前不是大观众，他们通过取消订阅来最大限度地减少费用。</blockquote></p><p> It is also noteworthy that there are now many applications and services, mostly from private companies, which help you manage your subscriptions and cancel them for you if they're inactive for a long period of time. There is certainly a set amount of paying Netflix subscribers who are not active and it's unclear if these cancellations will have any material effect but it does compound some of the other aforementioned subscriber growth issues.</p><p><blockquote>同样值得注意的是，现在有许多应用程序和服务，主要来自私营公司，可以帮助您管理您的订阅，并在它们长时间不活动时为您取消订阅。当然，有一定数量的付费网飞订户不活跃，目前尚不清楚这些取消是否会产生任何实质性影响，但它确实加剧了上述其他一些订户增长问题。</blockquote></p><p> <b>Profitability set to surge</b></p><p><blockquote><b>盈利能力将飙升</b></blockquote></p><p> The near-term thesis derived from what I mentioned above is rather simple - the company currently charges just $10 to $20 a month for their streaming services, which in relative terms to cable TV or internet costs is very low. This means that they can, and likely will set price increases over the coming years and I believe that when doing so they won't be losing any significant number of subscribers.</p><p><blockquote>我上面提到的近期论点相当简单——该公司目前每月仅收取10至20美元的流媒体服务费用，相对于有线电视或互联网成本来说，这是非常低的。这意味着他们可以而且很可能会在未来几年提高价格，我相信这样做时他们不会失去任何大量的订户。</blockquote></p><p> I do believe, though, that a lot of these future price hikes are baked into current net income projections for the company and it's evident by those numbers that the company will enjoy much higher margins in the nearer term of 24 to 48 months. The question is, can that continue forever? I don't think so, but let's look at those projections and see where we go from here.</p><p><blockquote>不过，我确实相信，未来的大部分价格上涨都已纳入该公司当前的净利润预测中，从这些数字可以明显看出，该公司在24至48个月的近期内将享有更高的利润率。问题是，这种情况能永远持续下去吗？我不这么认为，但让我们看看这些预测，看看我们将何去何从。</blockquote></p><p></p><p> The company's sales are expected to double over the next 5 years, growing from $25 billion in 2020 to just over $50 billion by 2025, presenting a CAGR of 15.1%. This does indicate that the company will still see solid subscriber growth numbers in line with population growth and some organic growth as more of the world gets access to high-speed internet and develops a stronger non-poverty classes which tend to be the core base of the company.</p><p><blockquote>该公司的销售额预计将在未来5年内翻一番，从2020年的250亿美元增长到2025年略高于500亿美元，复合年增长率为15.1%。这确实表明，随着世界上更多的人接入高速互联网，并发展出更强大的非贫困阶层，该公司仍将看到与人口增长和一些有机增长一致的稳定用户增长，这往往是该公司的核心基础。</blockquote></p><p> When it comes to net income, the company is expected to report an EPS CAGR of over 34%, more than double their sales CAGR of 15.1%, indicative of higher prices expected to come in the next few quarters. Here's the annual breakdown of those figures for growth rate comparison:</p><p><blockquote>就净利润而言，该公司预计每股收益复合年增长率将超过34%，是销售额复合年增长率15.1%的两倍多，这表明未来几个季度价格预计将上涨。以下是这些数字的年度细目，用于增长率比较：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac02918e9c660b0330b81a023c208d84\" tg-width=\"902\" tg-height=\"386\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> <b>The #1 Risk - Competition</b></p><p><blockquote><table><tbody><tr></tr></tbody></table><b>第一大风险——竞争</b></blockquote></p><p> The number one risk for the company's long term prospects is competition and it materialized in 2 ways:</p><p><blockquote>公司长期前景的头号风险是竞争，它通过两种方式实现：</blockquote></p><p> The first is organic competitive pressures. Services like Amazon Prime (AMZN), Disney+ (DIS), Apple TV (AAPL), and several other major and minor players have launched their own on-demand streaming services in recent years and have seen growth rates similar to Netflix when they themselves were starting out. In it of itself, this isn't the worse thing in the world since the low prices make for the reality that most people who subscribe to one of these services also subscribes to many others but there is still content preferences and the fact that one of these other services, especially Disney+ with children shows and programs, may come out with a new hit series or movie can take away the glory from the others and Netflix can surely suffer from this.</p><p><blockquote>首先是有机竞争压力。Amazon Prime(AMZN)、Disney+(DIS)、苹果电视(AAPL)等服务以及其他几家主要和次要的服务近年来都推出了自己的点播流媒体服务，并且其增长率与Netflix类似。他们自己正在开始。就其本身而言，这并不是世界上最糟糕的事情，因为低价使得大多数订阅这些服务之一的人也订阅了许多其他服务，但仍然存在内容偏好，事实上这些其他服务之一，特别是迪士尼+的儿童节目和节目，可能会推出新的热门系列或电影，这可能会夺走其他人的荣耀，网飞肯定会受到影响。</blockquote></p><p> The second part of this is that when a lot of competition emerges, it's much harder to hike prices. Netflix is a streaming company and they don't have any other parts of their business which they can use to drive subscriber growth. Almost all of the Netflix's direct competitors like Amazon, Apple, and Disney have massive cash cows in other business segments which they can use to temporarily keep subscription prices down dramatically in order to attract new subscribers. This in turn will force Netflix to keep their price hikes to a minimum and result in underperformance relative to current expectations.</p><p><blockquote>第二部分是，当出现大量竞争时，提高价格就困难得多。Netflix是一家流媒体公司，他们没有任何其他业务部门可以用来推动用户增长。几乎所有Netflix的直接竞争对手，如亚马逊、苹果和迪斯尼，在其他业务领域都拥有大量摇钱树，他们可以利用这些摇钱树暂时大幅降低订阅价格，以吸引新订阅者。这反过来将迫使Netflix将价格涨幅保持在最低限度，并导致相对于当前预期的表现不佳。</blockquote></p><p> <b>So Bullish short term, cautious long term</b></p><p><blockquote><b>短期看涨，长期谨慎</b></blockquote></p><p> Netflix is by no means overvalued. They currently trade at around 30x to 40x 2022 and 2023 earnings projections, respectively, which are set to grow at a 20% to 30% rate, meaning you can make the argument that they are even slightly undervalued at current levels. This makes me maintain my highly bullish rating on their near-term prospects and that they are extremely likely to outperform the broader market whether we keep heading up or even if we see a small cyclical market correction.</p><p><blockquote>Netflix的估值绝不是高估的。它们目前的交易价格分别约为2022年和2023年盈利预测的30至40倍，预计将以20%至30%的速度增长，这意味着你可以认为它们在当前水平上甚至略有被低估。这使我维持对其近期前景的高度看涨评级，并且无论我们继续上涨，或者即使我们看到小幅的周期性市场调整，它们都极有可能跑赢大盘。</blockquote></p><p> But their long-term prospects get a little shaky given the level of risk factors they are facing down the line. We simply will need to wait and see how their price increases fair relative to the other competitors and how their subscriber growth goes. For the meantime, these factors have me neutral on the company's long-term prospects.</p><p><blockquote>但考虑到他们未来面临的风险因素水平，他们的长期前景变得有点不稳定。我们只需要等待，看看他们的价格相对于其他竞争对手如何公平上涨，以及他们的用户增长如何。与此同时，这些因素使我对公司的长期前景持中立态度。</blockquote></p><p> I am continuing to hold a position in the company but have trimmed down shares in recent days and will continue to do so in the coming weeks.</p><p><blockquote>我继续持有该公司的头寸，但最近几天减持了股票，并将在未来几周继续这样做。</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>Netflix: Price Hikes Can't Go On Forever<blockquote>Netflix：涨价不可能永远持续下去</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\">\nNetflix: Price Hikes Can't Go On Forever<blockquote>Netflix：涨价不可能永远持续下去</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-08-27 17:43</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>Netflix has been an exceptional growth story.</li>  <li>But as subscriber growth rates peak and competitive pressures mount, the company's long-term prospects become somewhat shaky, even as near-term prospects remain highly bullish.</li>  <li>I move from a bullish to a neutral long-term prospects position until we get more information on their competitors' performances.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da1b7013f250a635449530604885fd3b\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>hocus-focus/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>Netflix是一个非凡的增长故事。</li><li>但随着用户增长率达到峰值和竞争压力增加，该公司的长期前景变得有些不稳定，尽管近期前景仍然非常乐观。</li><li>我从看涨转向中性的长期前景头寸，直到我们获得有关竞争对手表现的更多信息。</li></ul><p class=\"t-img-caption\"><span>hocus-focus/iStock未通过Getty Images发布</span></p></blockquote></p><p> Netflix (NFLX) has seen exponential growth over the past several years as subscriber growth in both the United States and globally surged to record highs. The COVID-19 pandemic further aided this growth as more individuals were stuck inside and explored the vast video library the company holds while in quarantine, lockdown, or general isolation.</p><p><blockquote>随着美国和全球的用户增长飙升至历史新高，Netflix(NFLX)在过去几年中呈指数级增长。新冠肺炎疫情进一步促进了这一增长，因为越来越多的人被困在室内，并在隔离、封锁或一般隔离期间探索公司拥有的庞大视频库。</blockquote></p><p> However, now that global and US markets have begun becoming saturated with the limit of population growth driving subscriber growth as well as the vast number of competitors the company is facing, they are becoming more and more reliant on price increases to drive higher margins and net income, which they in turn can spend on new content which they hope can become enough of a sensation to drive subscriber growth.</p><p><blockquote>然而，现在全球和美国市场已经开始饱和，人口增长对用户增长的限制以及该公司面临的大量竞争对手，他们越来越依赖价格上涨来推动更高的利润率和净收入，他们反过来可以将这些收入花在新内容上，他们希望这些内容能够引起足够的轰动来推动用户增长。</blockquote></p><p> This business model is nearly certain to produce solid and growing results for the company in the near future as streaming services remain extremely cheap at around $10 to $20 each month as we continue and see the transition away from the far more expensive cable and TV options. But the longer-term question is at what point does the company exhaust this price hiking measure and how does that fit in with the amount of investment it must make on content to stay a relevant player in this industry.</p><p><blockquote>这种商业模式几乎肯定会在不久的将来为公司带来稳健且不断增长的业绩，因为随着我们继续看到从昂贵得多的有线电视和电视选项的转变，流媒体服务仍然非常便宜，每月约10至20美元。但更长期的问题是，该公司在什么时候用尽这种提价措施，以及这如何适应它必须在内容上进行的投资额，以保持在该行业的相关参与者。</blockquote></p><p> <b>Outperforming Broader Market</b></p><p><blockquote><b>跑赢大盘</b></blockquote></p><p> Netflix has easily outperformed the broader market since it changed its business model from the early days of DVD rentals and has returned over 1,650% over the past 10 years, while the S&amp;P500 Index returned over 280%.</p><p><blockquote>自从Netflix改变了早期的DVD租赁业务模式以来，它的表现轻松跑赢了大盘，过去10年的回报率超过了1650%，而标准普尔500指数的回报率超过了280%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2523862734be22d9837a9f1678c3e8a0\" 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> This growth and outperformance were primarily driven by the surge in paid subscribers the company has seen over the better part of the past decade. Early on, they spent mountains of cash on content without seeing much profits but later on subscriber growth reached a comfortable level relative to the overall population, they put an emphasis on margins and profitability and are not reporting a steady profit stream.</p><p><blockquote>这种增长和优异表现主要是由该公司在过去十年的大部分时间里付费用户的激增推动的。早期，他们在内容上花费了大量现金，但没有看到太多利润，但后来订户增长相对于总人口达到了一个舒适的水平，他们强调利润率和盈利能力，并且没有报告稳定的利润流。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0cb152d1ab44830cfb8b9fbd70e00269\" tg-width=\"640\" tg-height=\"441\" width=\"100%\" height=\"auto\"><span>(Source: Statista -Netflix number of paying subscribers/ Company filings)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Statista-Netflix付费用户数量/公司备案）</span></p></blockquote></p><p> As we can see, worldwide subscriber growth has been slowing a little in recent years as the company inevitably hits peaks in some domestic and international markets. I expect this to continue over the coming quarters as we see both a saturation in this growth organically but also as people return to work, there is bound to be a certain percentage of pandemic-era users which have not been big viewers before the lockdowns who minimize expenses by canceling their subscription.</p><p><blockquote>正如我们所看到的，近年来全球用户增长略有放缓，因为该公司不可避免地在一些国内和国际市场达到峰值。我预计这种情况将在未来几个季度继续下去，因为我们看到这种增长的有机饱和，而且随着人们重返工作岗位，肯定会有一定比例的大流行时代的用户在封锁之前不是大观众，他们通过取消订阅来最大限度地减少费用。</blockquote></p><p> It is also noteworthy that there are now many applications and services, mostly from private companies, which help you manage your subscriptions and cancel them for you if they're inactive for a long period of time. There is certainly a set amount of paying Netflix subscribers who are not active and it's unclear if these cancellations will have any material effect but it does compound some of the other aforementioned subscriber growth issues.</p><p><blockquote>同样值得注意的是，现在有许多应用程序和服务，主要来自私营公司，可以帮助您管理您的订阅，并在它们长时间不活动时为您取消订阅。当然，有一定数量的付费网飞订户不活跃，目前尚不清楚这些取消是否会产生任何实质性影响，但它确实加剧了上述其他一些订户增长问题。</blockquote></p><p> <b>Profitability set to surge</b></p><p><blockquote><b>盈利能力将飙升</b></blockquote></p><p> The near-term thesis derived from what I mentioned above is rather simple - the company currently charges just $10 to $20 a month for their streaming services, which in relative terms to cable TV or internet costs is very low. This means that they can, and likely will set price increases over the coming years and I believe that when doing so they won't be losing any significant number of subscribers.</p><p><blockquote>我上面提到的近期论点相当简单——该公司目前每月仅收取10至20美元的流媒体服务费用，相对于有线电视或互联网成本来说，这是非常低的。这意味着他们可以而且很可能会在未来几年提高价格，我相信这样做时他们不会失去任何大量的订户。</blockquote></p><p> I do believe, though, that a lot of these future price hikes are baked into current net income projections for the company and it's evident by those numbers that the company will enjoy much higher margins in the nearer term of 24 to 48 months. The question is, can that continue forever? I don't think so, but let's look at those projections and see where we go from here.</p><p><blockquote>不过，我确实相信，未来的大部分价格上涨都已纳入该公司当前的净利润预测中，从这些数字可以明显看出，该公司在24至48个月的近期内将享有更高的利润率。问题是，这种情况能永远持续下去吗？我不这么认为，但让我们看看这些预测，看看我们将何去何从。</blockquote></p><p></p><p> The company's sales are expected to double over the next 5 years, growing from $25 billion in 2020 to just over $50 billion by 2025, presenting a CAGR of 15.1%. This does indicate that the company will still see solid subscriber growth numbers in line with population growth and some organic growth as more of the world gets access to high-speed internet and develops a stronger non-poverty classes which tend to be the core base of the company.</p><p><blockquote>该公司的销售额预计将在未来5年内翻一番，从2020年的250亿美元增长到2025年略高于500亿美元，复合年增长率为15.1%。这确实表明，随着世界上更多的人接入高速互联网，并发展出更强大的非贫困阶层，该公司仍将看到与人口增长和一些有机增长一致的稳定用户增长，这往往是该公司的核心基础。</blockquote></p><p> When it comes to net income, the company is expected to report an EPS CAGR of over 34%, more than double their sales CAGR of 15.1%, indicative of higher prices expected to come in the next few quarters. Here's the annual breakdown of those figures for growth rate comparison:</p><p><blockquote>就净利润而言，该公司预计每股收益复合年增长率将超过34%，是销售额复合年增长率15.1%的两倍多，这表明未来几个季度价格预计将上涨。以下是这些数字的年度细目，用于增长率比较：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac02918e9c660b0330b81a023c208d84\" tg-width=\"902\" tg-height=\"386\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> <b>The #1 Risk - Competition</b></p><p><blockquote><table><tbody><tr></tr></tbody></table><b>第一大风险——竞争</b></blockquote></p><p> The number one risk for the company's long term prospects is competition and it materialized in 2 ways:</p><p><blockquote>公司长期前景的头号风险是竞争，它通过两种方式实现：</blockquote></p><p> The first is organic competitive pressures. Services like Amazon Prime (AMZN), Disney+ (DIS), Apple TV (AAPL), and several other major and minor players have launched their own on-demand streaming services in recent years and have seen growth rates similar to Netflix when they themselves were starting out. In it of itself, this isn't the worse thing in the world since the low prices make for the reality that most people who subscribe to one of these services also subscribes to many others but there is still content preferences and the fact that one of these other services, especially Disney+ with children shows and programs, may come out with a new hit series or movie can take away the glory from the others and Netflix can surely suffer from this.</p><p><blockquote>首先是有机竞争压力。Amazon Prime(AMZN)、Disney+(DIS)、苹果电视(AAPL)等服务以及其他几家主要和次要的服务近年来都推出了自己的点播流媒体服务，并且其增长率与Netflix类似。他们自己正在开始。就其本身而言，这并不是世界上最糟糕的事情，因为低价使得大多数订阅这些服务之一的人也订阅了许多其他服务，但仍然存在内容偏好，事实上这些其他服务之一，特别是迪士尼+的儿童节目和节目，可能会推出新的热门系列或电影，这可能会夺走其他人的荣耀，网飞肯定会受到影响。</blockquote></p><p> The second part of this is that when a lot of competition emerges, it's much harder to hike prices. Netflix is a streaming company and they don't have any other parts of their business which they can use to drive subscriber growth. Almost all of the Netflix's direct competitors like Amazon, Apple, and Disney have massive cash cows in other business segments which they can use to temporarily keep subscription prices down dramatically in order to attract new subscribers. This in turn will force Netflix to keep their price hikes to a minimum and result in underperformance relative to current expectations.</p><p><blockquote>第二部分是，当出现大量竞争时，提高价格就困难得多。Netflix是一家流媒体公司，他们没有任何其他业务部门可以用来推动用户增长。几乎所有Netflix的直接竞争对手，如亚马逊、苹果和迪斯尼，在其他业务领域都拥有大量摇钱树，他们可以利用这些摇钱树暂时大幅降低订阅价格，以吸引新订阅者。这反过来将迫使Netflix将价格涨幅保持在最低限度，并导致相对于当前预期的表现不佳。</blockquote></p><p> <b>So Bullish short term, cautious long term</b></p><p><blockquote><b>短期看涨，长期谨慎</b></blockquote></p><p> Netflix is by no means overvalued. They currently trade at around 30x to 40x 2022 and 2023 earnings projections, respectively, which are set to grow at a 20% to 30% rate, meaning you can make the argument that they are even slightly undervalued at current levels. This makes me maintain my highly bullish rating on their near-term prospects and that they are extremely likely to outperform the broader market whether we keep heading up or even if we see a small cyclical market correction.</p><p><blockquote>Netflix的估值绝不是高估的。它们目前的交易价格分别约为2022年和2023年盈利预测的30至40倍，预计将以20%至30%的速度增长，这意味着你可以认为它们在当前水平上甚至略有被低估。这使我维持对其近期前景的高度看涨评级，并且无论我们继续上涨，或者即使我们看到小幅的周期性市场调整，它们都极有可能跑赢大盘。</blockquote></p><p> But their long-term prospects get a little shaky given the level of risk factors they are facing down the line. We simply will need to wait and see how their price increases fair relative to the other competitors and how their subscriber growth goes. For the meantime, these factors have me neutral on the company's long-term prospects.</p><p><blockquote>但考虑到他们未来面临的风险因素水平，他们的长期前景变得有点不稳定。我们只需要等待，看看他们的价格相对于其他竞争对手如何公平上涨，以及他们的用户增长如何。与此同时，这些因素使我对公司的长期前景持中立态度。</blockquote></p><p> I am continuing to hold a position in the company but have trimmed down shares in recent days and will continue to do so in the coming weeks.</p><p><blockquote>我继续持有该公司的头寸，但最近几天减持了股票，并将在未来几周继续这样做。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4452107-netflix-price-hikes-cant-go-on-forever\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://seekingalpha.com/article/4452107-netflix-price-hikes-cant-go-on-forever","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174638225","content_text":"Summary\n\nNetflix has been an exceptional growth story.\nBut as subscriber growth rates peak and competitive pressures mount, the company's long-term prospects become somewhat shaky, even as near-term prospects remain highly bullish.\nI move from a bullish to a neutral long-term prospects position until we get more information on their competitors' performances.\n\nhocus-focus/iStock Unreleased via Getty Images\nNetflix (NFLX) has seen exponential growth over the past several years as subscriber growth in both the United States and globally surged to record highs. The COVID-19 pandemic further aided this growth as more individuals were stuck inside and explored the vast video library the company holds while in quarantine, lockdown, or general isolation.\nHowever, now that global and US markets have begun becoming saturated with the limit of population growth driving subscriber growth as well as the vast number of competitors the company is facing, they are becoming more and more reliant on price increases to drive higher margins and net income, which they in turn can spend on new content which they hope can become enough of a sensation to drive subscriber growth.\nThis business model is nearly certain to produce solid and growing results for the company in the near future as streaming services remain extremely cheap at around $10 to $20 each month as we continue and see the transition away from the far more expensive cable and TV options. But the longer-term question is at what point does the company exhaust this price hiking measure and how does that fit in with the amount of investment it must make on content to stay a relevant player in this industry.\nOutperforming Broader Market\nNetflix has easily outperformed the broader market since it changed its business model from the early days of DVD rentals and has returned over 1,650% over the past 10 years, while the S&P500 Index returned over 280%.\nData by YCharts\nThis growth and outperformance were primarily driven by the surge in paid subscribers the company has seen over the better part of the past decade. Early on, they spent mountains of cash on content without seeing much profits but later on subscriber growth reached a comfortable level relative to the overall population, they put an emphasis on margins and profitability and are not reporting a steady profit stream.\n(Source: Statista -Netflix number of paying subscribers/ Company filings)\nAs we can see, worldwide subscriber growth has been slowing a little in recent years as the company inevitably hits peaks in some domestic and international markets. I expect this to continue over the coming quarters as we see both a saturation in this growth organically but also as people return to work, there is bound to be a certain percentage of pandemic-era users which have not been big viewers before the lockdowns who minimize expenses by canceling their subscription.\nIt is also noteworthy that there are now many applications and services, mostly from private companies, which help you manage your subscriptions and cancel them for you if they're inactive for a long period of time. There is certainly a set amount of paying Netflix subscribers who are not active and it's unclear if these cancellations will have any material effect but it does compound some of the other aforementioned subscriber growth issues.\nProfitability set to surge\nThe near-term thesis derived from what I mentioned above is rather simple - the company currently charges just $10 to $20 a month for their streaming services, which in relative terms to cable TV or internet costs is very low. This means that they can, and likely will set price increases over the coming years and I believe that when doing so they won't be losing any significant number of subscribers.\nI do believe, though, that a lot of these future price hikes are baked into current net income projections for the company and it's evident by those numbers that the company will enjoy much higher margins in the nearer term of 24 to 48 months. The question is, can that continue forever? I don't think so, but let's look at those projections and see where we go from here.\nThe company's sales are expected to double over the next 5 years, growing from $25 billion in 2020 to just over $50 billion by 2025, presenting a CAGR of 15.1%. This does indicate that the company will still see solid subscriber growth numbers in line with population growth and some organic growth as more of the world gets access to high-speed internet and develops a stronger non-poverty classes which tend to be the core base of the company.\nWhen it comes to net income, the company is expected to report an EPS CAGR of over 34%, more than double their sales CAGR of 15.1%, indicative of higher prices expected to come in the next few quarters. Here's the annual breakdown of those figures for growth rate comparison:\n\n\n\n\n\n\nThe #1 Risk - Competition\nThe number one risk for the company's long term prospects is competition and it materialized in 2 ways:\nThe first is organic competitive pressures. Services like Amazon Prime (AMZN), Disney+ (DIS), Apple TV (AAPL), and several other major and minor players have launched their own on-demand streaming services in recent years and have seen growth rates similar to Netflix when they themselves were starting out. In it of itself, this isn't the worse thing in the world since the low prices make for the reality that most people who subscribe to one of these services also subscribes to many others but there is still content preferences and the fact that one of these other services, especially Disney+ with children shows and programs, may come out with a new hit series or movie can take away the glory from the others and Netflix can surely suffer from this.\nThe second part of this is that when a lot of competition emerges, it's much harder to hike prices. Netflix is a streaming company and they don't have any other parts of their business which they can use to drive subscriber growth. Almost all of the Netflix's direct competitors like Amazon, Apple, and Disney have massive cash cows in other business segments which they can use to temporarily keep subscription prices down dramatically in order to attract new subscribers. This in turn will force Netflix to keep their price hikes to a minimum and result in underperformance relative to current expectations.\nSo Bullish short term, cautious long term\nNetflix is by no means overvalued. They currently trade at around 30x to 40x 2022 and 2023 earnings projections, respectively, which are set to grow at a 20% to 30% rate, meaning you can make the argument that they are even slightly undervalued at current levels. This makes me maintain my highly bullish rating on their near-term prospects and that they are extremely likely to outperform the broader market whether we keep heading up or even if we see a small cyclical market correction.\nBut their long-term prospects get a little shaky given the level of risk factors they are facing down the line. We simply will need to wait and see how their price increases fair relative to the other competitors and how their subscriber growth goes. For the meantime, these factors have me neutral on the company's long-term prospects.\nI am continuing to hold a position in the company but have trimmed down shares in recent days and will continue to do so in the coming weeks.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810890383,"gmtCreate":1629959328642,"gmtModify":1633681166514,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/810890383","repostId":"2162069721","repostType":4,"isVote":1,"tweetType":1,"viewCount":1524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837159474,"gmtCreate":1629866903098,"gmtModify":1633681822215,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837159474","repostId":"2162087564","repostType":4,"isVote":1,"tweetType":1,"viewCount":1195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835850362,"gmtCreate":1629705897056,"gmtModify":1633683054635,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835850362","repostId":"1163822738","repostType":4,"isVote":1,"tweetType":1,"viewCount":1617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832887636,"gmtCreate":1629606770225,"gmtModify":1633683780665,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/832887636","repostId":"1107075259","repostType":4,"repost":{"id":"1107075259","kind":"news","pubTimestamp":1629509852,"share":"https://www.laohu8.com/m/news/1107075259?lang=zh_CN&edition=full","pubTime":"2021-08-21 09:37","market":"us","language":"en","title":"Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107075259","media":"MarketWatch","summary":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.$Investors$ should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.At $Tesla Motors$’s AI Day late Thursday, self-named Technoking Musk said th","content":"<p>  <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>  <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p><p><blockquote><b>对自动驾驶系统的调查以及这家电动汽车公司及其首席执行官就此发表的声明比他们最新的异想天开的技术愿望和时间表更值得关注。</b><a href=\"https://laohu8.com/S/ISBC\">投资者</a>应该忽略Elon Musk的最新舞蹈，而是关注特斯拉因首席执行官夸大其公司技术能力而面临的日益严重的问题。</blockquote></p><p> At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p><p><blockquote>在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>周四晚些时候，自称Technoking Musk的马斯克表示，该公司正在开发一款人形机器人，因为“特斯拉可以说是世界上最大的机器人公司，因为我们的汽车就像轮子上的半感知机器人。”</blockquote></p><p> After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p><p><blockquote>在一名身穿白色西装的人类为观众和直播中的信徒跳了一支简短的舞蹈后，马斯克走上舞台，只展示了一个5英尺8英寸的人形机器人的计算机生成图像，马斯克声称特斯拉将在明年的某个时候生产出一个原型。他推断它可以用于制造或无聊的重复性任务，例如杂货店购物，并且将配备全自动驾驶计算机。</blockquote></p><p> As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p><p><blockquote>和马斯克和特斯拉一样，对于任何对相关技术有基本了解的人来说，时间表都是非常值得怀疑的。幸运的是，这些滑稽动作并没有愚弄华尔街的所有人，其中一些人可能已经厌倦了他的恶作剧。</blockquote></p><p> “Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p><p><blockquote>“不幸的是，正如我们在机器人出租车和马斯克未来的其他科幻项目中所看到的那样，我们认为这款特斯拉机器人绝对令人挠头，在华尔街对电动汽车竞争和安全日益担忧之际，它将进一步激怒投资者。特斯拉的问题，”韦德布什证券分析师Dan Ives在周五早些时候给客户的一份报告中表示。</blockquote></p><p> The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p><p><blockquote>艾夫斯提到的安全问题是投资者现在应该关注的问题，因为政府似乎终于站出来并注意到本专栏长期以来指出的一个问题：马斯克一再高估其汽车自动驾驶先进技术的当前和近期潜力。</blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>在周四“人工智能日”奇观的前一天，两名美国参议员要求联邦贸易委员会调查特斯拉和马斯克在特斯拉“全自动驾驶”产品营销方面“一再夸大其车辆功能”的行为。特斯拉对远未完全自动驾驶的软件在购买时收取数千美元（或每月低至100美元）的费用，这种做法已经导致加州机动车辆管理局最近进行审查，德国裁定特斯拉不能销售该产品本身。</blockquote></p><p> “Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p><p><blockquote>“语言很重要，”塞利卡·塔尔博特(Selika Talbott)说。<a href=\"https://laohu8.com/S/AFG\">美国的</a>大学在<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>直流电。“这个术语的使用是错误的、误导性的，对公众来说是不安全的。辅助驾驶和自动驾驶汽车的概念及其区别并没有被公众完全理解。”</blockquote></p><p> “Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p><p><blockquote>塔尔博特说：“特斯拉在他们的车辆中配备了高度辅助技术，但任何驾驶人员都不应该认为车辆可以自动驾驶，因为它不能。”</blockquote></p><p> The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p><p><blockquote>本周伊始，有消息称，使用该功能的汽车撞上了停下来的紧急车辆，联邦政府对特斯拉的自动驾驶系统进行了调查。<a href=\"https://laohu8.com/S/NHLD\">国家的</a><a href=\"https://laohu8.com/S/HIHO\">公路</a>交通安全管理局正在调查一系列启用了高级驾驶员辅助系统的特斯拉汽车发生的撞车事故。NHTSA表示，已对11起涉及紧急车辆的特斯拉事故展开调查，同时仍在调查一系列涉及启用紧急车辆的汽车的碰撞事故<a href=\"https://laohu8.com/S/AEIS\">先进的</a>驾驶员辅助系统（ADAS）和牵引车拖车。</blockquote></p><p> The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p><p><blockquote>国会大厦的最新抗议<a href=\"https://laohu8.com/S/HIL\">山丘</a>关注一系列新闻报道和/或社交媒体帖子和YouTube视频，这些视频显示司机在测试特斯拉的所谓自动驾驶功能时做出了极其危险的行为。今年5月，加利福尼亚州丰塔纳市35岁的两个孩子的父亲Steven Michael Hendrickson在他的特斯拉撞上一辆翻倒的半挂卡车时死亡。早些时候，他发布了在高速公路上双手不放在方向盘上驾驶的视频，但NHTSA仍在调查自动驾驶仪在事故中的作用。</blockquote></p><p> “The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p><p><blockquote>“特斯拉正在生产的车辆是驾驶辅助系统，”麻省理工学院运输和物流中心的研究科学家布莱恩·赖默说。“他们在协助司机，司机需要保持警惕。”</blockquote></p><p></p><p> It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p><p><blockquote>值得注意的是，特斯拉具有误导性名称的双产品之间的差异。“Autopilot”是一种ADAS系统，是一种高度先进的巡航控制版本，适用于高速公路驾驶，使“您的汽车能够在您的主动监督下在车道内自动转向、加速和制动，协助驾驶中最繁重的部分”。特斯拉的网站。特斯拉还提供“FSD”套餐，现在每月订阅费用为99至199美元，其将其描述为“访问一套更先进的驾驶员辅助功能，旨在在您的主动监督下提供更主动的指导和辅助驾驶。”</blockquote></p><p> If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p><p><blockquote>要是马斯克用和官网类似的方式描述这些系统就好了。在评级分析师会议上以及特斯拉向其粉丝群进行的长达数小时的演示中，马斯克一直宣称，有了这款软件，完全自主指日可待。</blockquote></p><p> “We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p><p><blockquote>“我们基本上必须解决现实世界的视觉人工智能，我们确实做到了，”他在4月份的财报看涨期权上表示。“解决这个问题的关键还在于拥有一些大规模的数据集。所以只要有足够的数据集<a href=\"https://laohu8.com/S/AONE.U\">一</a>道路上有数百万辆汽车正在收集数据……但我非常有信心我们能够完成这项工作。”</blockquote></p><p> But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p><p><blockquote>但尽管马斯克夸夸其谈，拥有庞大的粉丝群，但投资者开始注意到，与其他正在测试自动驾驶汽车的公司相比，该公司涉及全自动驾驶技术的策略是危险的。</blockquote></p><p> For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p><p><blockquote>例如，<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>Inc.旗下的GOOGGOOGLWaymo是自动驾驶汽车时间最长的公司，目前正在亚利桑那州凤凰城周围人口不稠密的地区运营小规模机器人出租车服务，没有人类司机。这是美国唯一一家此类公司。在加利福尼亚州，Waymo获得了DMV的许可，可以在人类驾驶员驾驶的情况下进行AV测试。</blockquote></p><p> “Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p><p><blockquote>“Waymo不能开始向任何人出售他们的自动驾驶汽车，他们也不能只是在道路上驾驶它们，我们的监管体系不允许这样做，”<a href=\"https://laohu8.com/S/AMSWA\">美国的</a>大学表示。“你可以测试它们，但市场上没有公开的自动驾驶汽车可供购买，因为它不存在。”</blockquote></p><p> With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p><p><blockquote>随着FSD测试在现实世界中由未经训练的驾驶员进行，特斯拉正在进行相当于新药临床试验的试验，而无需对患者进行任何专业的每小时或每天监测。</blockquote></p><p> “They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p><p><blockquote>“他们称之为测试版，这是一个测试版系统，他们让人们面临重大风险，”赖默说。</blockquote></p><p> Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p><p><blockquote>马斯克的最新机器人是另一个干扰，就像他的Boring Company在2018年出售的火焰喷射器、他试图帮助被困在泰国洞穴中的男孩的不必要的帮助以及其他项目一样。投资者不应该让这些干扰妨碍马斯克似乎拒绝承认的真正问题，因为他继续夸大公司的技术能力。</blockquote></p><p></p>","source":"market_watch","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>Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</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; 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}\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\">\nIgnore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-21 09:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>  <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p><p><blockquote><b>对自动驾驶系统的调查以及这家电动汽车公司及其首席执行官就此发表的声明比他们最新的异想天开的技术愿望和时间表更值得关注。</b><a href=\"https://laohu8.com/S/ISBC\">投资者</a>应该忽略Elon Musk的最新舞蹈，而是关注特斯拉因首席执行官夸大其公司技术能力而面临的日益严重的问题。</blockquote></p><p> At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p><p><blockquote>在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>周四晚些时候，自称Technoking Musk的马斯克表示，该公司正在开发一款人形机器人，因为“特斯拉可以说是世界上最大的机器人公司，因为我们的汽车就像轮子上的半感知机器人。”</blockquote></p><p> After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p><p><blockquote>在一名身穿白色西装的人类为观众和直播中的信徒跳了一支简短的舞蹈后，马斯克走上舞台，只展示了一个5英尺8英寸的人形机器人的计算机生成图像，马斯克声称特斯拉将在明年的某个时候生产出一个原型。他推断它可以用于制造或无聊的重复性任务，例如杂货店购物，并且将配备全自动驾驶计算机。</blockquote></p><p> As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p><p><blockquote>和马斯克和特斯拉一样，对于任何对相关技术有基本了解的人来说，时间表都是非常值得怀疑的。幸运的是，这些滑稽动作并没有愚弄华尔街的所有人，其中一些人可能已经厌倦了他的恶作剧。</blockquote></p><p> “Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p><p><blockquote>“不幸的是，正如我们在机器人出租车和马斯克未来的其他科幻项目中所看到的那样，我们认为这款特斯拉机器人绝对令人挠头，在华尔街对电动汽车竞争和安全日益担忧之际，它将进一步激怒投资者。特斯拉的问题，”韦德布什证券分析师Dan Ives在周五早些时候给客户的一份报告中表示。</blockquote></p><p> The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p><p><blockquote>艾夫斯提到的安全问题是投资者现在应该关注的问题，因为政府似乎终于站出来并注意到本专栏长期以来指出的一个问题：马斯克一再高估其汽车自动驾驶先进技术的当前和近期潜力。</blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>在周四“人工智能日”奇观的前一天，两名美国参议员要求联邦贸易委员会调查特斯拉和马斯克在特斯拉“全自动驾驶”产品营销方面“一再夸大其车辆功能”的行为。特斯拉对远未完全自动驾驶的软件在购买时收取数千美元（或每月低至100美元）的费用，这种做法已经导致加州机动车辆管理局最近进行审查，德国裁定特斯拉不能销售该产品本身。</blockquote></p><p> “Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p><p><blockquote>“语言很重要，”塞利卡·塔尔博特(Selika Talbott)说。<a href=\"https://laohu8.com/S/AFG\">美国的</a>大学在<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>直流电。“这个术语的使用是错误的、误导性的，对公众来说是不安全的。辅助驾驶和自动驾驶汽车的概念及其区别并没有被公众完全理解。”</blockquote></p><p> “Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p><p><blockquote>塔尔博特说：“特斯拉在他们的车辆中配备了高度辅助技术，但任何驾驶人员都不应该认为车辆可以自动驾驶，因为它不能。”</blockquote></p><p> The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p><p><blockquote>本周伊始，有消息称，使用该功能的汽车撞上了停下来的紧急车辆，联邦政府对特斯拉的自动驾驶系统进行了调查。<a href=\"https://laohu8.com/S/NHLD\">国家的</a><a href=\"https://laohu8.com/S/HIHO\">公路</a>交通安全管理局正在调查一系列启用了高级驾驶员辅助系统的特斯拉汽车发生的撞车事故。NHTSA表示，已对11起涉及紧急车辆的特斯拉事故展开调查，同时仍在调查一系列涉及启用紧急车辆的汽车的碰撞事故<a href=\"https://laohu8.com/S/AEIS\">先进的</a>驾驶员辅助系统（ADAS）和牵引车拖车。</blockquote></p><p> The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p><p><blockquote>国会大厦的最新抗议<a href=\"https://laohu8.com/S/HIL\">山丘</a>关注一系列新闻报道和/或社交媒体帖子和YouTube视频，这些视频显示司机在测试特斯拉的所谓自动驾驶功能时做出了极其危险的行为。今年5月，加利福尼亚州丰塔纳市35岁的两个孩子的父亲Steven Michael Hendrickson在他的特斯拉撞上一辆翻倒的半挂卡车时死亡。早些时候，他发布了在高速公路上双手不放在方向盘上驾驶的视频，但NHTSA仍在调查自动驾驶仪在事故中的作用。</blockquote></p><p> “The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p><p><blockquote>“特斯拉正在生产的车辆是驾驶辅助系统，”麻省理工学院运输和物流中心的研究科学家布莱恩·赖默说。“他们在协助司机，司机需要保持警惕。”</blockquote></p><p></p><p> It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p><p><blockquote>值得注意的是，特斯拉具有误导性名称的双产品之间的差异。“Autopilot”是一种ADAS系统，是一种高度先进的巡航控制版本，适用于高速公路驾驶，使“您的汽车能够在您的主动监督下在车道内自动转向、加速和制动，协助驾驶中最繁重的部分”。特斯拉的网站。特斯拉还提供“FSD”套餐，现在每月订阅费用为99至199美元，其将其描述为“访问一套更先进的驾驶员辅助功能，旨在在您的主动监督下提供更主动的指导和辅助驾驶。”</blockquote></p><p> If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p><p><blockquote>要是马斯克用和官网类似的方式描述这些系统就好了。在评级分析师会议上以及特斯拉向其粉丝群进行的长达数小时的演示中，马斯克一直宣称，有了这款软件，完全自主指日可待。</blockquote></p><p> “We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p><p><blockquote>“我们基本上必须解决现实世界的视觉人工智能，我们确实做到了，”他在4月份的财报看涨期权上表示。“解决这个问题的关键还在于拥有一些大规模的数据集。所以只要有足够的数据集<a href=\"https://laohu8.com/S/AONE.U\">一</a>道路上有数百万辆汽车正在收集数据……但我非常有信心我们能够完成这项工作。”</blockquote></p><p> But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p><p><blockquote>但尽管马斯克夸夸其谈，拥有庞大的粉丝群，但投资者开始注意到，与其他正在测试自动驾驶汽车的公司相比，该公司涉及全自动驾驶技术的策略是危险的。</blockquote></p><p> For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p><p><blockquote>例如，<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>Inc.旗下的GOOGGOOGLWaymo是自动驾驶汽车时间最长的公司，目前正在亚利桑那州凤凰城周围人口不稠密的地区运营小规模机器人出租车服务，没有人类司机。这是美国唯一一家此类公司。在加利福尼亚州，Waymo获得了DMV的许可，可以在人类驾驶员驾驶的情况下进行AV测试。</blockquote></p><p> “Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p><p><blockquote>“Waymo不能开始向任何人出售他们的自动驾驶汽车，他们也不能只是在道路上驾驶它们，我们的监管体系不允许这样做，”<a href=\"https://laohu8.com/S/AMSWA\">美国的</a>大学表示。“你可以测试它们，但市场上没有公开的自动驾驶汽车可供购买，因为它不存在。”</blockquote></p><p> With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p><p><blockquote>随着FSD测试在现实世界中由未经训练的驾驶员进行，特斯拉正在进行相当于新药临床试验的试验，而无需对患者进行任何专业的每小时或每天监测。</blockquote></p><p> “They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p><p><blockquote>“他们称之为测试版，这是一个测试版系统，他们让人们面临重大风险，”赖默说。</blockquote></p><p> Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p><p><blockquote>马斯克的最新机器人是另一个干扰，就像他的Boring Company在2018年出售的火焰喷射器、他试图帮助被困在泰国洞穴中的男孩的不必要的帮助以及其他项目一样。投资者不应该让这些干扰妨碍马斯克似乎拒绝承认的真正问题，因为他继续夸大公司的技术能力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page\">MarketWatch</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":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107075259","content_text":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.\n\nInvestors should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.\nAt Tesla Motors’s AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”\nAfter a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.\nAs always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.\n“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this Tesla Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.\nThe safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.\nJust a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.\n“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at American University in Washington DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”\n“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.\nThe week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The National Highway Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with Advanced Driver Assistance Systems (ADAS) and tractor-trailers.\nThe latest outcry on Capitol Hill follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.\n“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”\nIt is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”\nIf only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.\n“We basically have to solve real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over one million cars on the road that are collecting data… But I am highly confident that we will get this done.”\nBut for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.\nFor example, Alphabet Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.\n“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of American University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”\nWith FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.\n“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.\nMusk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1627,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832098197,"gmtCreate":1629535119419,"gmtModify":1633684139624,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Hopefully it rises. Anyways, please like. Thank you!","listText":"Hopefully it rises. Anyways, please like. Thank you!","text":"Hopefully it rises. Anyways, please like. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/832098197","repostId":"2161745179","repostType":4,"isVote":1,"tweetType":1,"viewCount":1414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831711385,"gmtCreate":1629348403647,"gmtModify":1633685491074,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831711385","repostId":"1118856541","repostType":4,"repost":{"id":"1118856541","kind":"news","pubTimestamp":1629345442,"share":"https://www.laohu8.com/m/news/1118856541?lang=zh_CN&edition=full","pubTime":"2021-08-19 11:57","market":"us","language":"en","title":"Apple Seeing Surging China iPhone Demand, Analyst Says<blockquote>分析师称苹果看到中国iPhone需求激增</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118856541","media":"Barrons","summary":"Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expe","content":"<p>Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September.</p><p><blockquote>苹果看到了中国对iPhone的巨大需求，这是一个积极的迹象，因为该公司预计将于9月某个时候推出其旗舰产品的新版本。</blockquote></p><p> In a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis, while China’s own handset vendors saw just a 27% increase over the same period. She also&nbsp;estimates that Apple grew its share of the installed base of smartphones in China by 90 basis points in the latest month to 20.7%, a 27-month high. (A basis point is 1/100th of a percentage point.)</p><p><blockquote>摩根士丹利分析师Katy Huberty在一份研究报告中写道，根据中国信息通信研究院的披露，她估计苹果（股票代码：AAPL）7月份在中国的iPhone出货量同比增长79%，而同期中国自己的手机供应商仅增长了27%。她还估计，最近一个月，苹果在中国智能手机装机量中的份额增长了90个基点，达到20.7%，创27个月来新高。（一个基点是百分之一。）</blockquote></p><p> Huberty estimates that both&nbsp;Samsung Electronics&nbsp;and Huawei Technologies lost market share in China in the latest month, with small market-share gains for the domestic phone makers Oppo, Vivo, and Xiaomi.</p><p><blockquote>休伯蒂估计，三星电子和华为技术公司最近一个月在中国的市场份额都有所下降，而国内手机制造商Oppo、Vivo和小米的市场份额略有增长。</blockquote></p><p> She says that the iPhone 12 and iPhone 12 Pro Max are the most popular models in China, but that iPhone 11 sales remain “resilient.”</p><p><blockquote>她表示，iPhone 12和iPhone 12 Pro Max是中国最受欢迎的机型，但iPhone 11的销售仍然“有弹性”。</blockquote></p><p> “We believe these data points support our view that the iPhone can see continued shipment strength after the launch of the new iPhone 13 model” this fall, she writes.</p><p><blockquote>她写道，“我们相信这些数据点支持了我们的观点，即在今年秋天推出新款iPhone 13机型后，iPhone的出货量将持续强劲”。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Seeing Surging China iPhone Demand, Analyst Says<blockquote>分析师称苹果看到中国iPhone需求激增</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 Seeing Surging China iPhone Demand, Analyst Says<blockquote>分析师称苹果看到中国iPhone需求激增</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-19 11:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September.</p><p><blockquote>苹果看到了中国对iPhone的巨大需求，这是一个积极的迹象，因为该公司预计将于9月某个时候推出其旗舰产品的新版本。</blockquote></p><p> In a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis, while China’s own handset vendors saw just a 27% increase over the same period. She also&nbsp;estimates that Apple grew its share of the installed base of smartphones in China by 90 basis points in the latest month to 20.7%, a 27-month high. (A basis point is 1/100th of a percentage point.)</p><p><blockquote>摩根士丹利分析师Katy Huberty在一份研究报告中写道，根据中国信息通信研究院的披露，她估计苹果（股票代码：AAPL）7月份在中国的iPhone出货量同比增长79%，而同期中国自己的手机供应商仅增长了27%。她还估计，最近一个月，苹果在中国智能手机装机量中的份额增长了90个基点，达到20.7%，创27个月来新高。（一个基点是百分之一。）</blockquote></p><p> Huberty estimates that both&nbsp;Samsung Electronics&nbsp;and Huawei Technologies lost market share in China in the latest month, with small market-share gains for the domestic phone makers Oppo, Vivo, and Xiaomi.</p><p><blockquote>休伯蒂估计，三星电子和华为技术公司最近一个月在中国的市场份额都有所下降，而国内手机制造商Oppo、Vivo和小米的市场份额略有增长。</blockquote></p><p> She says that the iPhone 12 and iPhone 12 Pro Max are the most popular models in China, but that iPhone 11 sales remain “resilient.”</p><p><blockquote>她表示，iPhone 12和iPhone 12 Pro Max是中国最受欢迎的机型，但iPhone 11的销售仍然“有弹性”。</blockquote></p><p> “We believe these data points support our view that the iPhone can see continued shipment strength after the launch of the new iPhone 13 model” this fall, she writes.</p><p><blockquote>她写道，“我们相信这些数据点支持了我们的观点，即在今年秋天推出新款iPhone 13机型后，iPhone的出货量将持续强劲”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/apple-seeing-surging-china-iphone-demand-analyst-says-51629302575?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-seeing-surging-china-iphone-demand-analyst-says-51629302575?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118856541","content_text":"Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September.\nIn a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis, while China’s own handset vendors saw just a 27% increase over the same period. She also estimates that Apple grew its share of the installed base of smartphones in China by 90 basis points in the latest month to 20.7%, a 27-month high. (A basis point is 1/100th of a percentage point.)\nHuberty estimates that both Samsung Electronics and Huawei Technologies lost market share in China in the latest month, with small market-share gains for the domestic phone makers Oppo, Vivo, and Xiaomi.\nShe says that the iPhone 12 and iPhone 12 Pro Max are the most popular models in China, but that iPhone 11 sales remain “resilient.”\n“We believe these data points support our view that the iPhone can see continued shipment strength after the launch of the new iPhone 13 model” this fall, she writes.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833903065,"gmtCreate":1629193568057,"gmtModify":1633686679582,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833903065","repostId":"1122046470","repostType":4,"isVote":1,"tweetType":1,"viewCount":1088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830955863,"gmtCreate":1629003965752,"gmtModify":1633688011409,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Like please❤","listText":"Like please❤","text":"Like please❤","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830955863","repostId":"2159145532","repostType":4,"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897226711,"gmtCreate":1628926551133,"gmtModify":1633688434429,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897226711","repostId":"2159321505","repostType":4,"repost":{"id":"2159321505","kind":"highlight","pubTimestamp":1628911811,"share":"https://www.laohu8.com/m/news/2159321505?lang=zh_CN&edition=full","pubTime":"2021-08-14 11:30","market":"us","language":"en","title":"Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting<blockquote>特斯拉寻求缩短董事会成员任期，并在十月股东大会上做出其他改变</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321505","media":"MarketWatch","summary":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. ","content":"<p>Board members would serve for two years rather than three</p><p><blockquote>董事会成员的任期为两年，而不是三年</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>特斯拉首席执行官Elon Musk去年在德国。玛雅·希蒂吉/盖蒂图片社</span></p></blockquote></p><p> Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p><p><blockquote>特斯拉公司在周五晚间提交的文件中表示，该公司将于10月7日在加州弗里蒙特工厂举行股东大会，该公司将提出的提案包括缩短董事任期的看涨期权。</blockquote></p><p> One of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s&nbsp;board currently has nine members who are divided into three classes in staggered three-year terms.</p><p><blockquote>其中一项建议是评级将每名董事的任期从三年减至两年。特斯拉董事会目前有九名成员，分为三类，任期三年。</blockquote></p><p> If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the&nbsp;filing.</p><p><blockquote>然而，特斯拉在文件中表示，如果该提案获得批准，董事会将分为两个任期交错的类别，董事在两个类别之间的分布尽可能平均。</blockquote></p><p> The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.</p><p><blockquote>自2007年以来一直在特斯拉董事会任职的风险投资家Antonio Gracias在2019年表示，今年任期结束后，他不会寻求连任，董事会成员将减少至8名。</blockquote></p><p> Tesla’s board nominated current board members James Murdoch, the youngest son of News Corp&nbsp;founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p><p><blockquote>特斯拉董事会提名现任董事会成员、新闻集团创始人默多克的小儿子默多克（James Murdoch）和首席执行官马斯克（Elon Musk）的哥哥马斯克（Kimbal Musk）连任二级董事，任期将于2024年届满。该公司表示，如果期限缩减获得批准，那么他们的期限将于2023年结束。</blockquote></p><p> Tesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p><p><blockquote>特斯拉缩短董事会成员任期是对股东提议选举每位董事会成员一年的回应。</blockquote></p><p> The two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.</p><p><blockquote>然而，特斯拉表示，两年的任期“在我们股东的长期利益和近期责任之间取得了适当的平衡”。</blockquote></p><p> Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&amp;P 500 index.</p><p><blockquote>特斯拉股价在常规交易日收盘下跌0.7%后，在盘后交易中持平。该股今年已上涨1.6%，而标普500指数的涨幅约为19%。</blockquote></p><p></p>","source":"lsy1603348471595","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 seeks to reduce board members’ terms, make other changes in October shareholder meeting<blockquote>特斯拉寻求缩短董事会成员任期，并在十月股东大会上做出其他改变</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\">\nTesla seeks to reduce board members’ terms, make other changes in October shareholder meeting<blockquote>特斯拉寻求缩短董事会成员任期，并在十月股东大会上做出其他改变</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-14 11:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Board members would serve for two years rather than three</p><p><blockquote>董事会成员的任期为两年，而不是三年</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>特斯拉首席执行官Elon Musk去年在德国。玛雅·希蒂吉/盖蒂图片社</span></p></blockquote></p><p> Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p><p><blockquote>特斯拉公司在周五晚间提交的文件中表示，该公司将于10月7日在加州弗里蒙特工厂举行股东大会，该公司将提出的提案包括缩短董事任期的看涨期权。</blockquote></p><p> One of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s&nbsp;board currently has nine members who are divided into three classes in staggered three-year terms.</p><p><blockquote>其中一项建议是评级将每名董事的任期从三年减至两年。特斯拉董事会目前有九名成员，分为三类，任期三年。</blockquote></p><p> If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the&nbsp;filing.</p><p><blockquote>然而，特斯拉在文件中表示，如果该提案获得批准，董事会将分为两个任期交错的类别，董事在两个类别之间的分布尽可能平均。</blockquote></p><p> The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.</p><p><blockquote>自2007年以来一直在特斯拉董事会任职的风险投资家Antonio Gracias在2019年表示，今年任期结束后，他不会寻求连任，董事会成员将减少至8名。</blockquote></p><p> Tesla’s board nominated current board members James Murdoch, the youngest son of News Corp&nbsp;founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p><p><blockquote>特斯拉董事会提名现任董事会成员、新闻集团创始人默多克的小儿子默多克（James Murdoch）和首席执行官马斯克（Elon Musk）的哥哥马斯克（Kimbal Musk）连任二级董事，任期将于2024年届满。该公司表示，如果期限缩减获得批准，那么他们的期限将于2023年结束。</blockquote></p><p> Tesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p><p><blockquote>特斯拉缩短董事会成员任期是对股东提议选举每位董事会成员一年的回应。</blockquote></p><p> The two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.</p><p><blockquote>然而，特斯拉表示，两年的任期“在我们股东的长期利益和近期责任之间取得了适当的平衡”。</blockquote></p><p> Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&amp;P 500 index.</p><p><blockquote>特斯拉股价在常规交易日收盘下跌0.7%后，在盘后交易中持平。该股今年已上涨1.6%，而标普500指数的涨幅约为19%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click\">MarketWatch</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":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321505","content_text":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.\nOne of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s board currently has nine members who are divided into three classes in staggered three-year terms.\nIf the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.\nThe board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.\nTesla’s board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.\nTesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.\nThe two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.\nTesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892587756,"gmtCreate":1628673091875,"gmtModify":1633745222077,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892587756","repostId":"1172810796","repostType":4,"repost":{"id":"1172810796","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":1628671712,"share":"https://www.laohu8.com/m/news/1172810796?lang=zh_CN&edition=full","pubTime":"2021-08-11 16:48","market":"us","language":"en","title":"BioCryst shares jumped 10.49% in premarket trading,as withdrawing previous stock offering.<blockquote>由于撤回了之前的股票发行，BioCryst股价在盘前交易中上涨10.49%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1172810796","media":"Tiger Newspress","summary":"BioCryst shares jumped 10.49% in premarket trading,as withdrawing previous stock offering.\nBioCryst ","content":"<p>BioCryst&nbsp;shares&nbsp;jumped&nbsp;10.49%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;withdrawing previous stock offering.</p><p><blockquote>BioCryst股价在盘前交易中上涨10.49%，原因是撤回了之前的股票发行。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c15bfde15a241770cbb0410850f6460f\" tg-width=\"900\" tg-height=\"624\" referrerpolicy=\"no-referrer\">BioCryst Pharmaceuticals, Inc. &nbsp;announced today that it has withdrawn its proposed public offering. With our strong balance sheet, and increasing revenues from ORLADEYO<b>®</b> (berotralstat), we believe that current market conditions are not conducive to an offering on terms that would be in the best interests of our current stockholders.&nbsp;&nbsp; We are well capitalized, with cash, cash equivalents, restricted cash and investments of $222.8 million as of June 30, 2021.&nbsp;&nbsp; Based on our expectations for revenue, operating expenses, and our option to access an additional $75 million from our existing credit facility, we believe our current cash runway takes us into 2023.</p><p><blockquote>BioCryst Pharmaceuticals，Inc.今天宣布，它已经撤回了公开发行的提议。凭借我们强大的资产负债表以及ORLADEYO不断增加的收入<b>®</b>（berotralstat），我们认为当前的市场状况不利于按照符合我们当前股东最佳利益的条款进行发行。我们资本充足，截至2021年6月30日，现金、现金等价物、限制性现金和投资为2.228亿美元。基于我们对收入、运营费用的预期，以及从现有信贷安排中额外获得7500万美元的选择，我们相信我们当前的现金跑道将带我们进入2023年。</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>BioCryst shares jumped 10.49% in premarket trading,as withdrawing previous stock offering.<blockquote>由于撤回了之前的股票发行，BioCryst股价在盘前交易中上涨10.49%。</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\">\nBioCryst shares jumped 10.49% in premarket trading,as withdrawing previous stock offering.<blockquote>由于撤回了之前的股票发行，BioCryst股价在盘前交易中上涨10.49%。</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\">2021-08-11 16:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>BioCryst&nbsp;shares&nbsp;jumped&nbsp;10.49%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;withdrawing previous stock offering.</p><p><blockquote>BioCryst股价在盘前交易中上涨10.49%，原因是撤回了之前的股票发行。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c15bfde15a241770cbb0410850f6460f\" tg-width=\"900\" tg-height=\"624\" referrerpolicy=\"no-referrer\">BioCryst Pharmaceuticals, Inc. &nbsp;announced today that it has withdrawn its proposed public offering. With our strong balance sheet, and increasing revenues from ORLADEYO<b>®</b> (berotralstat), we believe that current market conditions are not conducive to an offering on terms that would be in the best interests of our current stockholders.&nbsp;&nbsp; We are well capitalized, with cash, cash equivalents, restricted cash and investments of $222.8 million as of June 30, 2021.&nbsp;&nbsp; Based on our expectations for revenue, operating expenses, and our option to access an additional $75 million from our existing credit facility, we believe our current cash runway takes us into 2023.</p><p><blockquote>BioCryst Pharmaceuticals，Inc.今天宣布，它已经撤回了公开发行的提议。凭借我们强大的资产负债表以及ORLADEYO不断增加的收入<b>®</b>（berotralstat），我们认为当前的市场状况不利于按照符合我们当前股东最佳利益的条款进行发行。我们资本充足，截至2021年6月30日，现金、现金等价物、限制性现金和投资为2.228亿美元。基于我们对收入、运营费用的预期，以及从现有信贷安排中额外获得7500万美元的选择，我们相信我们当前的现金跑道将带我们进入2023年。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BCRX":"BioCryst制药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172810796","content_text":"BioCryst shares jumped 10.49% in premarket trading,as withdrawing previous stock offering.\nBioCryst Pharmaceuticals, Inc.  announced today that it has withdrawn its proposed public offering. With our strong balance sheet, and increasing revenues from ORLADEYO® (berotralstat), we believe that current market conditions are not conducive to an offering on terms that would be in the best interests of our current stockholders.   We are well capitalized, with cash, cash equivalents, restricted cash and investments of $222.8 million as of June 30, 2021.   Based on our expectations for revenue, operating expenses, and our option to access an additional $75 million from our existing credit facility, we believe our current cash runway takes us into 2023.","news_type":1,"symbols_score_info":{"BCRX":0.9}},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892086243,"gmtCreate":1628611201782,"gmtModify":1633745719343,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Hopefully it rises","listText":"Hopefully it rises","text":"Hopefully it 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[微笑] [微笑] [微笑] [呆住] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892081634","repostId":"2158772124","repostType":4,"isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":892081124,"gmtCreate":1628610949068,"gmtModify":1633745720404,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"Impressive","listText":"Impressive","text":"Impressive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/892081124","repostId":"2158254477","repostType":4,"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807453691,"gmtCreate":1628052280613,"gmtModify":1633754007606,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"👍👍👍👍","listText":"👍👍👍👍","text":"👍👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807453691","repostId":"1122614377","repostType":4,"repost":{"id":"1122614377","kind":"news","pubTimestamp":1628047303,"share":"https://www.laohu8.com/m/news/1122614377?lang=zh_CN&edition=full","pubTime":"2021-08-04 11:21","market":"us","language":"en","title":"7 Dividend Growth Stocks For August 2021<blockquote>2021年8月7只股息增长股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122614377","media":"TheStreet","summary":"These companies are delivering exceptional earnings and dividend growth, and their stocks are tradin","content":"<p>These companies are delivering exceptional earnings and dividend growth, and their stocks are trading at reasonable valuations.</p><p><blockquote>这些公司实现了卓越的盈利和股息增长，并且其股票的估值合理。</blockquote></p><p> Last month I started a new series that will rank selections ofDividend Radarstocks and present the seven top-ranked stocks for consideration. Dividend Radar tracks stocks trading on U.S. exchanges with dividend increase streaks of at least five years.</p><p><blockquote>上个月，我开始了一个新系列，将对股息雷达股票的选择进行排名，并提出排名靠前的七只股票供考虑。股息雷达跟踪在美国交易所交易的股息至少五年连续增加的股票。</blockquote></p><p> Each month, I’ll consider different screens to narrow down the more than 750 Dividend Radar stocks. Screens will focus on various aspects of dividend growth investing, such as dividend yield, dividend growth rate, and stock valuation.</p><p><blockquote>每个月，我都会考虑不同的屏幕来缩小750多只股息雷达股票的范围。屏幕将重点关注股息增长投资的各个方面，例如股息收益率、股息增长率和股票估值。</blockquote></p><p> This month, I screened for stocks of companies that have delivered exceptional earnings growth over the last ten years. Additionally, I screened for stocks trading at reasonable valuations and required a 5-year yield on cost (YoC) of at least 3%.</p><p><blockquote>本月，我筛选了过去十年中盈利增长异常的公司股票。此外，我筛选了估值合理的股票，并要求5年期成本收益率(YoC)至少为3%。</blockquote></p><p> <b>Screening and Ranking</b></p><p><blockquote><b>筛选和排名</b></blockquote></p><p> Earnings and earnings growth are the foundation of dividends and dividend growth. Companies could use debt to pay dividends, such as when earnings temporarily are insufficient to cover dividend payouts. Eventually, though, that debt will have to be repaid from earnings, which, presumably and hopefully, would be sufficient to pay off debt and pay the dividend.</p><p><blockquote>盈利和盈利增长是股息和股息增长的基础。公司可以利用债务来支付股息，例如当收益暂时不足以支付股息支付时。不过，最终，这笔债务将不得不从收益中偿还，这大概也有希望足以偿还债务和支付股息。</blockquote></p><p> Portfolio Insight&nbsp;provides earnings and earnings growth data that we can monitor to get a sense of a company’s ability to continue paying and increasing dividends. For this month’s article, I considered Non-GAAP EPS compound annual growth rates [CAGRs] for different time frames. Here’s the specific screening formula:</p><p><blockquote>Portfolio Insight提供盈利和盈利增长数据，我们可以监控这些数据，以了解公司继续支付和增加股息的能力。在本月的文章中，我考虑了不同时间范围内的非GAAP每股收益复合年增长率[CAGR]。下面是具体的筛选公式：</blockquote></p><p> <b>NG EPS 1Y ≥ 10% and NG EPS 3Y ≥ 10% and NG EPS 5Y ≥ 10% and NG EPS 10Y ≥ 10%</b></p><p><blockquote><b>NG EPS 1Y≥10%且NG EPS 3Y≥10%且NG EPS 5Y≥10%且NG EPS 10Y≥10%</b></blockquote></p><p> Additionally, I screened for stocks trading at reasonable valuations. What I mean by “reasonable” is based on my quality/valuation matrix, which gives preferential treatment to higher quality stocks. Essentially, I’m willing to pay a small premium for the highest quality stocks and I demand a larger discount for lower-quality stocks:</p><p><blockquote>此外，我还筛选了估值合理的股票。我所说的“合理”是基于我的质量/估值矩阵，该矩阵优先考虑更高质量的股票。本质上，我愿意为最高质量的股票支付少量溢价，并要求为较低质量的股票提供更大的折扣：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70d7af9e75bd202d2d9cabb79d04964c\" tg-width=\"1068\" tg-height=\"417\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> I calculate&nbsp;<b>Buy Below</b>&nbsp;prices relative to my fair value [FV] estimates based on this quality/valuation matrix.</p><p><blockquote>我计算<b>在下面购买</b>相对于我基于此质量/估值矩阵的公允价值[FV]估计的价格。</blockquote></p><p> Finally, I screened for stocks with a&nbsp;5-year yield on cost[YoC] above 3%. This metric combines the forward yield and 5-year dividend growth rate [DGR] to determine what your dividend would be relative to today’s stock price after five years of investment, assuming the DGR is maintained.</p><p><blockquote>最后，我筛选了5年期成本收益率[YoC]高于3%的股票。该指标结合了远期收益率和5年股息增长率[DGR]，以确定投资五年后您的股息相对于当前股价的水平（假设DGR保持不变）。</blockquote></p><p> Here is a summary of this month’s screens in general terms:</p><p><blockquote>以下是本月屏幕的概括总结：</blockquote></p><p> <ol>  <li>Exceptional earnings for at least ten years</li>  <li>Reasonable current valuation</li>  <li>Reasonable future dividend income</li> </ol> The latest&nbsp;Dividend Radar(dated July 30, 2021) contains 762 stocks.</p><p><blockquote><ol><li>至少十年的非凡收益</li><li>合理的当前估值</li><li>合理的未来股息收入</li></ol>最新的股息雷达（日期为2021年7月30日）包含762只股票。</blockquote></p><p> Applying the first (fairly stringent) screen reduces the list to only 87 candidates. (Of these, only 20 pass the second screen and only 11 also survive the third screen).</p><p><blockquote>应用第一次（相当严格的）筛选将列表减少到只有87个候选人。（其中，只有20人通过了第二次筛选，只有11人通过了第三次筛选）。</blockquote></p><p> I ranked the candidates by sorting their quality scores (determined via&nbsp;DVK Quality Snapshots) in descending order and used the following metrics, in turn, to break ties:</p><p><blockquote>我通过按降序对候选人的质量分数（通过DVK质量快照确定）进行排序，并依次使用以下指标来打破平局：</blockquote></p><p> <ul>  <li>Simply Safe Dividends' Dividend Safety Scores</li>  <li><i>S&amp;P Credit Ratings</i></li>  <li>Dividend Yield</li> </ul> The tables below show the top seven stocks in rank-order.</p><p><blockquote><ul><li>Simply Safe股息的股息安全评分</li><li><i>标准普尔信用评级</i></li><li>股息率</li></ul>下表按排名顺序显示了排名前七的股票。</blockquote></p><p> <b>7 Top-Ranked Dividend Growth Stocks for August</b></p><p><blockquote><b>8月份股息增长排名靠前的7只股票</b></blockquote></p><p> Here are top-ranked dividend growth stocks that pass this month’s screens:</p><p><blockquote>以下是本月通过筛选的股息增长排名靠前的股票：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e74ac455b7df108e6e1de77ba837a01c\" tg-width=\"865\" tg-height=\"156\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> I own the six highlighted stocks in my&nbsp;DivGro portfolio.</p><p><blockquote>我拥有DivGro投资组合中突出显示的六只股票。</blockquote></p><p> Below, I provide a table with key metrics of interest to dividend growth investors, including the dividend increase streak (<b>Years</b>), the dividend&nbsp;<b>Yield</b>&nbsp;for a recent share&nbsp;<b>Price</b>, and the 5-year dividend growth rate (<b>5-Yr DGR</b>). The&nbsp;<i>Chowder Number</i>(<b>CDN</b>) and 5-year YoC (<b>5-Yr YoC</b>) are measures of a stock’s future total return and dividend income prospects, while the 5-year trailing total returns (<b>5-Yr TTR</b>) is a measure of the stock’s performance over the past five years.</p><p><blockquote>下面，我提供了一个表格，其中包含股息增长投资者感兴趣的关键指标，包括股息增长趋势（<b>年</b>），股息<b>产量</b>对于最近的分享<b>价格</b>，以及5年股息增长率(<b>5年DGR</b>).The<i>杂烩数</i>(<b>CDN</b>）和5年YoC（<b>5年YoC</b>）是衡量股票未来总回报和股息收入前景的指标，而5年追踪总回报（<b>5年TTR</b>）是衡量股票过去五年表现的指标。</blockquote></p><p> I also provide thefive quality indicatorsused in determining each stock's quality score (<b>Qual</b>), as well as my FV estimate (<b>Fair Value</b>) to help identify stocks that trade at favorable valuations. The discount/premium column (<b>–Disc/+Prem</b>) shows the discount or premium of a recent share price to my FV estimates. The last column shows my&nbsp;<b>Buy Below</b>&nbsp;price.</p><p><blockquote>我还提供了用于确定每只股票质量分数的五个质量指标（<b>哪个</b>），以及我的FV估计（<b>公允价值</b>）来帮助识别以有利估值交易的股票。折扣/溢价栏（<b>-盘/+Prem</b>）显示最近股价相对于我的FV估计的折扣或溢价。最后一列显示了我的<b>在下面购买</b>价格。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f324d83432096c060b5f6c3d8160bb2\" tg-width=\"1240\" tg-height=\"357\" width=\"100%\" height=\"auto\"><span>Key metrics and fair value estimates of August’s Top 7 Dividend Growth Stocks (includes data sourced from Dividend Radar).</span></p><p><blockquote><p class=\"t-img-caption\"><span>8月份股息增长前7名股票的关键指标和公允价值估计（包括来自股息雷达的数据）。</span></p></blockquote></p><p> I use a survey approach to derive my FV estimates. I collect FV estimates and price targets from several sources, including Morningstar and Finbox. I also&nbsp;estimate fair valueusing each stock’s five-year average dividend yield. With several estimates and targets available, I ignore the outliers (the lowest and highest values) and use the average of the median and mean of the remaining values as my FV estimate.</p><p><blockquote>我使用调查方法来得出我的FV估计值。我从多个来源收集FV预估和价格目标，包括晨星和Finbox。我还使用每只股票的五年平均股息收益率来估计公允价值。有了几个可用的估计值和目标，我忽略离群值（最低值和最高值），并使用剩余值的中值和平均值的平均值作为我的FV估计值。</blockquote></p><p> Next, let's look at each stock in turn. All data and graphs are courtesy of&nbsp;Portfolio-Insight.com.</p><p><blockquote>接下来，我们依次看一下每只股票。所有数据和图表均由Portfolio-Insight.com提供。</blockquote></p><p> <b>The Home Depot, Inc (HD)</b></p><p><blockquote><b>家得宝公司(HD)</b></blockquote></p><p> Founded in 1978 and based in Atlanta, Georgia, HD is a home improvement retailer that sells an assortment of building materials, home improvement products, and lawn and garden products. HD provides installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.</p><p><blockquote>HD成立于1978年，总部位于佐治亚州亚特兰大，是一家家居装修零售商，销售各种建筑材料、家居装修产品以及草坪和花园产品。HD为自己动手、为我动手和专业客户提供安装、家庭维护和专业服务计划。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6842eea771a305e92d0bb6d957bd57d2\" tg-width=\"1207\" tg-height=\"395\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5f3ed296edb6ead77589b6d4b07cbe5\" tg-width=\"1240\" tg-height=\"547\" width=\"100%\" height=\"auto\"><span>HD non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>HD非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>Lockheed Martin Corporation (LMT)</b></p><p><blockquote><b>洛克希德马丁公司(LMT)</b></blockquote></p><p> Founded in 1909 and headquartered in Bethesda, Maryland, LMT is a global security and aerospace company engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems. LMT operates through four segments, Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems.</p><p><blockquote>LMT成立于1909年，总部位于马里兰州贝塞斯达，是一家全球安全和航空航天公司，从事先进技术系统的研究、设计、开发、制造、集成和维护。LMT通过四个部门运营：航空、导弹和火控、旋转和任务系统以及空间系统。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/359b23f2763ac619280d013761595377\" tg-width=\"1211\" tg-height=\"400\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47748a713424d38d792d7a3f143cd43e\" tg-width=\"1240\" tg-height=\"544\" width=\"100%\" height=\"auto\"><span>LMT non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>LMT非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>BlackRock, Inc. (BLK)</b></p><p><blockquote><b>贝莱德公司(BLK)</b></blockquote></p><p> BLK is an investment management company that provides a range of investment and risk management services to institutional and retail clients across the world. The company’s offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. BLK was founded in 1988 and is based in New York City.</p><p><blockquote>BLK是一家投资管理公司，为全球机构和零售客户提供一系列投资和风险管理服务。该公司的产品包括投资于股票、固定收益、另类投资和货币市场工具的单一和多资产类别投资组合。BLK成立于1988年，总部位于纽约市。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3c563eda1121ff8577ac7143aa5dce6b\" tg-width=\"1211\" tg-height=\"397\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/35801c7a805cdb486138d656804ecff2\" tg-width=\"1240\" tg-height=\"547\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Lowe's Companies, Inc. (LOW)</b></p><p><blockquote><b>劳氏公司(LOW)</b></blockquote></p><p> LOW is a home improvement retailer. The company offers a complete line of products for maintenance, repair, remodeling, and home decorating. It also offers installation services through independent contractors, as well as extended protection plans and repair services. LOW was founded in 1946 and is based in Mooresville, North Carolina.</p><p><blockquote>LOW是一家家装零售商。该公司为维护、修理、改造和家居装饰提供完整的产品系列。它还通过独立承包商提供安装服务，以及扩展保护计划和维修服务。LOW成立于1946年，总部位于北卡罗来纳州穆尔斯维尔。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fac3795d1f098c20a7134b2ba6385f26\" tg-width=\"1214\" tg-height=\"401\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf243f7d5e513612959d20eac51de310\" tg-width=\"1240\" tg-height=\"552\" width=\"100%\" height=\"auto\"><span>LOW non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>非GAAP每股收益和支付股息(TTM)较低，股价重叠</span></p></blockquote></p><p> <b>Northrop Grumman Corporation (NOC)</b></p><p><blockquote><b>诺斯罗普·格鲁曼公司(NOC)</b></blockquote></p><p> Founded in 1939 and based in Falls Church, Virginia, NOC is a leading global security company with both government and commercial customers. NOC provides systems, products, and solutions in unmanned systems; cyber security; command, control, communications and computers intelligence; surveillance and reconnaissance; and logistics and modernization.</p><p><blockquote>NOC成立于1939年，总部位于弗吉尼亚州福尔斯彻奇，是一家全球领先的安全公司，拥有政府和商业客户。NOC提供无人系统中的系统、产品和解决方案；网络安全；指挥、控制、通信和计算机情报；监视和侦察；以及物流和现代化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8d3c9d83f1ce89ce88fbc4db0563e90c\" tg-width=\"1210\" tg-height=\"399\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed575536c4cdb7b3eefe171a50640922\" tg-width=\"1240\" tg-height=\"546\" width=\"100%\" height=\"auto\"><span>NOC non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>NOC非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>The Allstate Corporation (ALL)</b></p><p><blockquote><b>好事达公司(ALL)</b></blockquote></p><p> Founded in 1931 and headquartered in Northbrook, Illinois, ALL is a holding company engaged in property-liability insurance and life insurance in the United States and Canada. The company sells insurance products covering automobiles, homes, and other properties under the Allstate, Esurance, and Encompass brand names. It also sells life insurance and voluntary accident and health insurance products.</p><p><blockquote>ALL成立于1931年，总部位于伊利诺伊州诺斯布鲁克，是一家在美国和加拿大从事财产责任保险和人寿保险的控股公司。该公司以Allstate、Esurance和Encompass品牌销售涵盖汽车、房屋和其他财产的保险产品。它还销售人寿保险以及自愿意外和健康保险产品。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/2d9e2dcf663b98cc621720a0351a3cf9\" tg-width=\"1212\" tg-height=\"398\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c8d93c9b392e2af4424e59a71fe1333c\" tg-width=\"1240\" tg-height=\"551\" width=\"100%\" height=\"auto\"><span>ALL non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>所有非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>L3Harris Technologies, Inc. (LHX)</b></p><p><blockquote><b>L3哈里斯技术公司(LHX)</b></blockquote></p><p> LHX, an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company operates in four segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. LHX was founded in 1895 and is headquartered in Melbourne, Florida.</p><p><blockquote>LHX是一家航空航天和国防技术公司，为全球政府和商业客户提供关键任务解决方案。该公司分为四个部门：综合任务系统、太空和机载系统、通信系统和航空系统。LHX成立于1895年，总部位于佛罗里达州墨尔本。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5231f6010e48ff033da34b6f76ed3e2b\" tg-width=\"1212\" tg-height=\"400\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/182d5456cf84b655db04ad703cc681d4\" tg-width=\"1240\" tg-height=\"552\" width=\"100%\" height=\"auto\"><span>LHX non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>LHX非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>Concluding Remarks</b></p><p><blockquote><b>结束语</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/fbb1e63ebd49ef16583c3992662d1c4f\" tg-width=\"1240\" tg-height=\"359\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> In this article, I ranked reasonably valued dividend growth stocks in Dividend Radar that have maintained Non-GAAP EPS growth rates of at least 10% for the past ten years. I also required a 5-year YoC of at least 3%.</p><p><blockquote>在本文中，我对股息雷达中估值合理的股息增长股票进行了排名，这些股票在过去十年中保持了至少10%的非GAAP每股收益增长率。我还要求5年期YoC至少为3%。</blockquote></p><p> I own six of this month’s stocks. With the exception of my ALL position, my positions are all full-sized positions as determined by my dynamic and flexible&nbsp;portfolio target weighting&nbsp;strategy. ALL is underweight and I would need to add about 75 shares to make if a full-sized position. Given ALL’s 18% discount, it appears to be a good time to do so!</p><p><blockquote>我持有本月的六只股票。除了我的ALL头寸外，我的头寸都是由我的动态灵活的投资组合目标权重策略决定的全尺寸头寸。全部都是跑输大盘，我需要增加大约75股才能建立全仓头寸。鉴于所有的18%折扣，这似乎是一个很好的时机！</blockquote></p><p> I don’t own LHX and it looks like an interesting candidate to consider, though I prefer to open new positions when they offer 5-Year YoC’s of at least 4%. Nevertheless, LHX have impressive growth prospects and a low payout ratio, so I’m going to spend some time researching the stock.</p><p><blockquote>我不拥有LHX，它看起来是一个值得考虑的有趣候选人，尽管我更喜欢在他们提供至少4%的5年期YoC时开设新头寸。尽管如此，LHX具有令人印象深刻的增长前景和较低的派息率，因此我将花一些时间研究该股票。</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>7 Dividend Growth Stocks For August 2021<blockquote>2021年8月7只股息增长股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Dividend Growth Stocks For August 2021<blockquote>2021年8月7只股息增长股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-08-04 11:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>These companies are delivering exceptional earnings and dividend growth, and their stocks are trading at reasonable valuations.</p><p><blockquote>这些公司实现了卓越的盈利和股息增长，并且其股票的估值合理。</blockquote></p><p> Last month I started a new series that will rank selections ofDividend Radarstocks and present the seven top-ranked stocks for consideration. Dividend Radar tracks stocks trading on U.S. exchanges with dividend increase streaks of at least five years.</p><p><blockquote>上个月，我开始了一个新系列，将对股息雷达股票的选择进行排名，并提出排名靠前的七只股票供考虑。股息雷达跟踪在美国交易所交易的股息至少五年连续增加的股票。</blockquote></p><p> Each month, I’ll consider different screens to narrow down the more than 750 Dividend Radar stocks. Screens will focus on various aspects of dividend growth investing, such as dividend yield, dividend growth rate, and stock valuation.</p><p><blockquote>每个月，我都会考虑不同的屏幕来缩小750多只股息雷达股票的范围。屏幕将重点关注股息增长投资的各个方面，例如股息收益率、股息增长率和股票估值。</blockquote></p><p> This month, I screened for stocks of companies that have delivered exceptional earnings growth over the last ten years. Additionally, I screened for stocks trading at reasonable valuations and required a 5-year yield on cost (YoC) of at least 3%.</p><p><blockquote>本月，我筛选了过去十年中盈利增长异常的公司股票。此外，我筛选了估值合理的股票，并要求5年期成本收益率(YoC)至少为3%。</blockquote></p><p> <b>Screening and Ranking</b></p><p><blockquote><b>筛选和排名</b></blockquote></p><p> Earnings and earnings growth are the foundation of dividends and dividend growth. Companies could use debt to pay dividends, such as when earnings temporarily are insufficient to cover dividend payouts. Eventually, though, that debt will have to be repaid from earnings, which, presumably and hopefully, would be sufficient to pay off debt and pay the dividend.</p><p><blockquote>盈利和盈利增长是股息和股息增长的基础。公司可以利用债务来支付股息，例如当收益暂时不足以支付股息支付时。不过，最终，这笔债务将不得不从收益中偿还，这大概也有希望足以偿还债务和支付股息。</blockquote></p><p> Portfolio Insight&nbsp;provides earnings and earnings growth data that we can monitor to get a sense of a company’s ability to continue paying and increasing dividends. For this month’s article, I considered Non-GAAP EPS compound annual growth rates [CAGRs] for different time frames. Here’s the specific screening formula:</p><p><blockquote>Portfolio Insight提供盈利和盈利增长数据，我们可以监控这些数据，以了解公司继续支付和增加股息的能力。在本月的文章中，我考虑了不同时间范围内的非GAAP每股收益复合年增长率[CAGR]。下面是具体的筛选公式：</blockquote></p><p> <b>NG EPS 1Y ≥ 10% and NG EPS 3Y ≥ 10% and NG EPS 5Y ≥ 10% and NG EPS 10Y ≥ 10%</b></p><p><blockquote><b>NG EPS 1Y≥10%且NG EPS 3Y≥10%且NG EPS 5Y≥10%且NG EPS 10Y≥10%</b></blockquote></p><p> Additionally, I screened for stocks trading at reasonable valuations. What I mean by “reasonable” is based on my quality/valuation matrix, which gives preferential treatment to higher quality stocks. Essentially, I’m willing to pay a small premium for the highest quality stocks and I demand a larger discount for lower-quality stocks:</p><p><blockquote>此外，我还筛选了估值合理的股票。我所说的“合理”是基于我的质量/估值矩阵，该矩阵优先考虑更高质量的股票。本质上，我愿意为最高质量的股票支付少量溢价，并要求为较低质量的股票提供更大的折扣：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70d7af9e75bd202d2d9cabb79d04964c\" tg-width=\"1068\" tg-height=\"417\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> I calculate&nbsp;<b>Buy Below</b>&nbsp;prices relative to my fair value [FV] estimates based on this quality/valuation matrix.</p><p><blockquote>我计算<b>在下面购买</b>相对于我基于此质量/估值矩阵的公允价值[FV]估计的价格。</blockquote></p><p> Finally, I screened for stocks with a&nbsp;5-year yield on cost[YoC] above 3%. This metric combines the forward yield and 5-year dividend growth rate [DGR] to determine what your dividend would be relative to today’s stock price after five years of investment, assuming the DGR is maintained.</p><p><blockquote>最后，我筛选了5年期成本收益率[YoC]高于3%的股票。该指标结合了远期收益率和5年股息增长率[DGR]，以确定投资五年后您的股息相对于当前股价的水平（假设DGR保持不变）。</blockquote></p><p> Here is a summary of this month’s screens in general terms:</p><p><blockquote>以下是本月屏幕的概括总结：</blockquote></p><p> <ol>  <li>Exceptional earnings for at least ten years</li>  <li>Reasonable current valuation</li>  <li>Reasonable future dividend income</li> </ol> The latest&nbsp;Dividend Radar(dated July 30, 2021) contains 762 stocks.</p><p><blockquote><ol><li>至少十年的非凡收益</li><li>合理的当前估值</li><li>合理的未来股息收入</li></ol>最新的股息雷达（日期为2021年7月30日）包含762只股票。</blockquote></p><p> Applying the first (fairly stringent) screen reduces the list to only 87 candidates. (Of these, only 20 pass the second screen and only 11 also survive the third screen).</p><p><blockquote>应用第一次（相当严格的）筛选将列表减少到只有87个候选人。（其中，只有20人通过了第二次筛选，只有11人通过了第三次筛选）。</blockquote></p><p> I ranked the candidates by sorting their quality scores (determined via&nbsp;DVK Quality Snapshots) in descending order and used the following metrics, in turn, to break ties:</p><p><blockquote>我通过按降序对候选人的质量分数（通过DVK质量快照确定）进行排序，并依次使用以下指标来打破平局：</blockquote></p><p> <ul>  <li>Simply Safe Dividends' Dividend Safety Scores</li>  <li><i>S&amp;P Credit Ratings</i></li>  <li>Dividend Yield</li> </ul> The tables below show the top seven stocks in rank-order.</p><p><blockquote><ul><li>Simply Safe股息的股息安全评分</li><li><i>标准普尔信用评级</i></li><li>股息率</li></ul>下表按排名顺序显示了排名前七的股票。</blockquote></p><p> <b>7 Top-Ranked Dividend Growth Stocks for August</b></p><p><blockquote><b>8月份股息增长排名靠前的7只股票</b></blockquote></p><p> Here are top-ranked dividend growth stocks that pass this month’s screens:</p><p><blockquote>以下是本月通过筛选的股息增长排名靠前的股票：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e74ac455b7df108e6e1de77ba837a01c\" tg-width=\"865\" tg-height=\"156\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> I own the six highlighted stocks in my&nbsp;DivGro portfolio.</p><p><blockquote>我拥有DivGro投资组合中突出显示的六只股票。</blockquote></p><p> Below, I provide a table with key metrics of interest to dividend growth investors, including the dividend increase streak (<b>Years</b>), the dividend&nbsp;<b>Yield</b>&nbsp;for a recent share&nbsp;<b>Price</b>, and the 5-year dividend growth rate (<b>5-Yr DGR</b>). The&nbsp;<i>Chowder Number</i>(<b>CDN</b>) and 5-year YoC (<b>5-Yr YoC</b>) are measures of a stock’s future total return and dividend income prospects, while the 5-year trailing total returns (<b>5-Yr TTR</b>) is a measure of the stock’s performance over the past five years.</p><p><blockquote>下面，我提供了一个表格，其中包含股息增长投资者感兴趣的关键指标，包括股息增长趋势（<b>年</b>），股息<b>产量</b>对于最近的分享<b>价格</b>，以及5年股息增长率(<b>5年DGR</b>).The<i>杂烩数</i>(<b>CDN</b>）和5年YoC（<b>5年YoC</b>）是衡量股票未来总回报和股息收入前景的指标，而5年追踪总回报（<b>5年TTR</b>）是衡量股票过去五年表现的指标。</blockquote></p><p> I also provide thefive quality indicatorsused in determining each stock's quality score (<b>Qual</b>), as well as my FV estimate (<b>Fair Value</b>) to help identify stocks that trade at favorable valuations. The discount/premium column (<b>–Disc/+Prem</b>) shows the discount or premium of a recent share price to my FV estimates. The last column shows my&nbsp;<b>Buy Below</b>&nbsp;price.</p><p><blockquote>我还提供了用于确定每只股票质量分数的五个质量指标（<b>哪个</b>），以及我的FV估计（<b>公允价值</b>）来帮助识别以有利估值交易的股票。折扣/溢价栏（<b>-盘/+Prem</b>）显示最近股价相对于我的FV估计的折扣或溢价。最后一列显示了我的<b>在下面购买</b>价格。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f324d83432096c060b5f6c3d8160bb2\" tg-width=\"1240\" tg-height=\"357\" width=\"100%\" height=\"auto\"><span>Key metrics and fair value estimates of August’s Top 7 Dividend Growth Stocks (includes data sourced from Dividend Radar).</span></p><p><blockquote><p class=\"t-img-caption\"><span>8月份股息增长前7名股票的关键指标和公允价值估计（包括来自股息雷达的数据）。</span></p></blockquote></p><p> I use a survey approach to derive my FV estimates. I collect FV estimates and price targets from several sources, including Morningstar and Finbox. I also&nbsp;estimate fair valueusing each stock’s five-year average dividend yield. With several estimates and targets available, I ignore the outliers (the lowest and highest values) and use the average of the median and mean of the remaining values as my FV estimate.</p><p><blockquote>我使用调查方法来得出我的FV估计值。我从多个来源收集FV预估和价格目标，包括晨星和Finbox。我还使用每只股票的五年平均股息收益率来估计公允价值。有了几个可用的估计值和目标，我忽略离群值（最低值和最高值），并使用剩余值的中值和平均值的平均值作为我的FV估计值。</blockquote></p><p> Next, let's look at each stock in turn. All data and graphs are courtesy of&nbsp;Portfolio-Insight.com.</p><p><blockquote>接下来，我们依次看一下每只股票。所有数据和图表均由Portfolio-Insight.com提供。</blockquote></p><p> <b>The Home Depot, Inc (HD)</b></p><p><blockquote><b>家得宝公司(HD)</b></blockquote></p><p> Founded in 1978 and based in Atlanta, Georgia, HD is a home improvement retailer that sells an assortment of building materials, home improvement products, and lawn and garden products. HD provides installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.</p><p><blockquote>HD成立于1978年，总部位于佐治亚州亚特兰大，是一家家居装修零售商，销售各种建筑材料、家居装修产品以及草坪和花园产品。HD为自己动手、为我动手和专业客户提供安装、家庭维护和专业服务计划。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6842eea771a305e92d0bb6d957bd57d2\" tg-width=\"1207\" tg-height=\"395\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5f3ed296edb6ead77589b6d4b07cbe5\" tg-width=\"1240\" tg-height=\"547\" width=\"100%\" height=\"auto\"><span>HD non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>HD非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>Lockheed Martin Corporation (LMT)</b></p><p><blockquote><b>洛克希德马丁公司(LMT)</b></blockquote></p><p> Founded in 1909 and headquartered in Bethesda, Maryland, LMT is a global security and aerospace company engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems. LMT operates through four segments, Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems.</p><p><blockquote>LMT成立于1909年，总部位于马里兰州贝塞斯达，是一家全球安全和航空航天公司，从事先进技术系统的研究、设计、开发、制造、集成和维护。LMT通过四个部门运营：航空、导弹和火控、旋转和任务系统以及空间系统。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/359b23f2763ac619280d013761595377\" tg-width=\"1211\" tg-height=\"400\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47748a713424d38d792d7a3f143cd43e\" tg-width=\"1240\" tg-height=\"544\" width=\"100%\" height=\"auto\"><span>LMT non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>LMT非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>BlackRock, Inc. (BLK)</b></p><p><blockquote><b>贝莱德公司(BLK)</b></blockquote></p><p> BLK is an investment management company that provides a range of investment and risk management services to institutional and retail clients across the world. The company’s offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. BLK was founded in 1988 and is based in New York City.</p><p><blockquote>BLK是一家投资管理公司，为全球机构和零售客户提供一系列投资和风险管理服务。该公司的产品包括投资于股票、固定收益、另类投资和货币市场工具的单一和多资产类别投资组合。BLK成立于1988年，总部位于纽约市。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3c563eda1121ff8577ac7143aa5dce6b\" tg-width=\"1211\" tg-height=\"397\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/35801c7a805cdb486138d656804ecff2\" tg-width=\"1240\" tg-height=\"547\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Lowe's Companies, Inc. (LOW)</b></p><p><blockquote><b>劳氏公司(LOW)</b></blockquote></p><p> LOW is a home improvement retailer. The company offers a complete line of products for maintenance, repair, remodeling, and home decorating. It also offers installation services through independent contractors, as well as extended protection plans and repair services. LOW was founded in 1946 and is based in Mooresville, North Carolina.</p><p><blockquote>LOW是一家家装零售商。该公司为维护、修理、改造和家居装饰提供完整的产品系列。它还通过独立承包商提供安装服务，以及扩展保护计划和维修服务。LOW成立于1946年，总部位于北卡罗来纳州穆尔斯维尔。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fac3795d1f098c20a7134b2ba6385f26\" tg-width=\"1214\" tg-height=\"401\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf243f7d5e513612959d20eac51de310\" tg-width=\"1240\" tg-height=\"552\" width=\"100%\" height=\"auto\"><span>LOW non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>非GAAP每股收益和支付股息(TTM)较低，股价重叠</span></p></blockquote></p><p> <b>Northrop Grumman Corporation (NOC)</b></p><p><blockquote><b>诺斯罗普·格鲁曼公司(NOC)</b></blockquote></p><p> Founded in 1939 and based in Falls Church, Virginia, NOC is a leading global security company with both government and commercial customers. NOC provides systems, products, and solutions in unmanned systems; cyber security; command, control, communications and computers intelligence; surveillance and reconnaissance; and logistics and modernization.</p><p><blockquote>NOC成立于1939年，总部位于弗吉尼亚州福尔斯彻奇，是一家全球领先的安全公司，拥有政府和商业客户。NOC提供无人系统中的系统、产品和解决方案；网络安全；指挥、控制、通信和计算机情报；监视和侦察；以及物流和现代化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8d3c9d83f1ce89ce88fbc4db0563e90c\" tg-width=\"1210\" tg-height=\"399\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed575536c4cdb7b3eefe171a50640922\" tg-width=\"1240\" tg-height=\"546\" width=\"100%\" height=\"auto\"><span>NOC non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>NOC非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>The Allstate Corporation (ALL)</b></p><p><blockquote><b>好事达公司(ALL)</b></blockquote></p><p> Founded in 1931 and headquartered in Northbrook, Illinois, ALL is a holding company engaged in property-liability insurance and life insurance in the United States and Canada. The company sells insurance products covering automobiles, homes, and other properties under the Allstate, Esurance, and Encompass brand names. It also sells life insurance and voluntary accident and health insurance products.</p><p><blockquote>ALL成立于1931年，总部位于伊利诺伊州诺斯布鲁克，是一家在美国和加拿大从事财产责任保险和人寿保险的控股公司。该公司以Allstate、Esurance和Encompass品牌销售涵盖汽车、房屋和其他财产的保险产品。它还销售人寿保险以及自愿意外和健康保险产品。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/2d9e2dcf663b98cc621720a0351a3cf9\" tg-width=\"1212\" tg-height=\"398\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c8d93c9b392e2af4424e59a71fe1333c\" tg-width=\"1240\" tg-height=\"551\" width=\"100%\" height=\"auto\"><span>ALL non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>所有非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>L3Harris Technologies, Inc. (LHX)</b></p><p><blockquote><b>L3哈里斯技术公司(LHX)</b></blockquote></p><p> LHX, an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company operates in four segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. LHX was founded in 1895 and is headquartered in Melbourne, Florida.</p><p><blockquote>LHX是一家航空航天和国防技术公司，为全球政府和商业客户提供关键任务解决方案。该公司分为四个部门：综合任务系统、太空和机载系统、通信系统和航空系统。LHX成立于1895年，总部位于佛罗里达州墨尔本。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5231f6010e48ff033da34b6f76ed3e2b\" tg-width=\"1212\" tg-height=\"400\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/182d5456cf84b655db04ad703cc681d4\" tg-width=\"1240\" tg-height=\"552\" width=\"100%\" height=\"auto\"><span>LHX non-GAAP EPS and dividends paid (TTM), with stock price overlay</span></p><p><blockquote><p class=\"t-img-caption\"><span>LHX非GAAP每股收益和已付股息(TTM)，带股价叠加</span></p></blockquote></p><p> <b>Concluding Remarks</b></p><p><blockquote><b>结束语</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/fbb1e63ebd49ef16583c3992662d1c4f\" tg-width=\"1240\" tg-height=\"359\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> In this article, I ranked reasonably valued dividend growth stocks in Dividend Radar that have maintained Non-GAAP EPS growth rates of at least 10% for the past ten years. I also required a 5-year YoC of at least 3%.</p><p><blockquote>在本文中，我对股息雷达中估值合理的股息增长股票进行了排名，这些股票在过去十年中保持了至少10%的非GAAP每股收益增长率。我还要求5年期YoC至少为3%。</blockquote></p><p> I own six of this month’s stocks. With the exception of my ALL position, my positions are all full-sized positions as determined by my dynamic and flexible&nbsp;portfolio target weighting&nbsp;strategy. ALL is underweight and I would need to add about 75 shares to make if a full-sized position. Given ALL’s 18% discount, it appears to be a good time to do so!</p><p><blockquote>我持有本月的六只股票。除了我的ALL头寸外，我的头寸都是由我的动态灵活的投资组合目标权重策略决定的全尺寸头寸。全部都是跑输大盘，我需要增加大约75股才能建立全仓头寸。鉴于所有的18%折扣，这似乎是一个很好的时机！</blockquote></p><p> I don’t own LHX and it looks like an interesting candidate to consider, though I prefer to open new positions when they offer 5-Year YoC’s of at least 4%. Nevertheless, LHX have impressive growth prospects and a low payout ratio, so I’m going to spend some time researching the stock.</p><p><blockquote>我不拥有LHX，它看起来是一个值得考虑的有趣候选人，尽管我更喜欢在他们提供至少4%的5年期YoC时开设新头寸。尽管如此，LHX具有令人印象深刻的增长前景和较低的派息率，因此我将花一些时间研究该股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/dividendstrategists/dividend-ideas/7-dividend-growth-stocks-for-august-2021\">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":{"HD":"家得宝","LMT":"洛克希德马丁","ALL":"好事达","BLK":"贝莱德","NOC":"诺斯罗普格鲁曼","LHX":"L3Harris Technologies Inc","LOW":"劳氏"},"source_url":"https://www.thestreet.com/dividendstrategists/dividend-ideas/7-dividend-growth-stocks-for-august-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122614377","content_text":"These companies are delivering exceptional earnings and dividend growth, and their stocks are trading at reasonable valuations.\nLast month I started a new series that will rank selections ofDividend Radarstocks and present the seven top-ranked stocks for consideration. Dividend Radar tracks stocks trading on U.S. exchanges with dividend increase streaks of at least five years.\nEach month, I’ll consider different screens to narrow down the more than 750 Dividend Radar stocks. Screens will focus on various aspects of dividend growth investing, such as dividend yield, dividend growth rate, and stock valuation.\nThis month, I screened for stocks of companies that have delivered exceptional earnings growth over the last ten years. Additionally, I screened for stocks trading at reasonable valuations and required a 5-year yield on cost (YoC) of at least 3%.\nScreening and Ranking\nEarnings and earnings growth are the foundation of dividends and dividend growth. Companies could use debt to pay dividends, such as when earnings temporarily are insufficient to cover dividend payouts. Eventually, though, that debt will have to be repaid from earnings, which, presumably and hopefully, would be sufficient to pay off debt and pay the dividend.\nPortfolio Insight provides earnings and earnings growth data that we can monitor to get a sense of a company’s ability to continue paying and increasing dividends. For this month’s article, I considered Non-GAAP EPS compound annual growth rates [CAGRs] for different time frames. Here’s the specific screening formula:\nNG EPS 1Y ≥ 10% and NG EPS 3Y ≥ 10% and NG EPS 5Y ≥ 10% and NG EPS 10Y ≥ 10%\nAdditionally, I screened for stocks trading at reasonable valuations. What I mean by “reasonable” is based on my quality/valuation matrix, which gives preferential treatment to higher quality stocks. Essentially, I’m willing to pay a small premium for the highest quality stocks and I demand a larger discount for lower-quality stocks:\n\nI calculate Buy Below prices relative to my fair value [FV] estimates based on this quality/valuation matrix.\nFinally, I screened for stocks with a 5-year yield on cost[YoC] above 3%. This metric combines the forward yield and 5-year dividend growth rate [DGR] to determine what your dividend would be relative to today’s stock price after five years of investment, assuming the DGR is maintained.\nHere is a summary of this month’s screens in general terms:\n\nExceptional earnings for at least ten years\nReasonable current valuation\nReasonable future dividend income\n\nThe latest Dividend Radar(dated July 30, 2021) contains 762 stocks.\nApplying the first (fairly stringent) screen reduces the list to only 87 candidates. (Of these, only 20 pass the second screen and only 11 also survive the third screen).\nI ranked the candidates by sorting their quality scores (determined via DVK Quality Snapshots) in descending order and used the following metrics, in turn, to break ties:\n\nSimply Safe Dividends' Dividend Safety Scores\nS&P Credit Ratings\nDividend Yield\n\nThe tables below show the top seven stocks in rank-order.\n7 Top-Ranked Dividend Growth Stocks for August\nHere are top-ranked dividend growth stocks that pass this month’s screens:\n\nI own the six highlighted stocks in my DivGro portfolio.\nBelow, I provide a table with key metrics of interest to dividend growth investors, including the dividend increase streak (Years), the dividend Yield for a recent share Price, and the 5-year dividend growth rate (5-Yr DGR). The Chowder Number(CDN) and 5-year YoC (5-Yr YoC) are measures of a stock’s future total return and dividend income prospects, while the 5-year trailing total returns (5-Yr TTR) is a measure of the stock’s performance over the past five years.\nI also provide thefive quality indicatorsused in determining each stock's quality score (Qual), as well as my FV estimate (Fair Value) to help identify stocks that trade at favorable valuations. The discount/premium column (–Disc/+Prem) shows the discount or premium of a recent share price to my FV estimates. The last column shows my Buy Below price.\nKey metrics and fair value estimates of August’s Top 7 Dividend Growth Stocks (includes data sourced from Dividend Radar).\nI use a survey approach to derive my FV estimates. I collect FV estimates and price targets from several sources, including Morningstar and Finbox. I also estimate fair valueusing each stock’s five-year average dividend yield. With several estimates and targets available, I ignore the outliers (the lowest and highest values) and use the average of the median and mean of the remaining values as my FV estimate.\nNext, let's look at each stock in turn. All data and graphs are courtesy of Portfolio-Insight.com.\nThe Home Depot, Inc (HD)\nFounded in 1978 and based in Atlanta, Georgia, HD is a home improvement retailer that sells an assortment of building materials, home improvement products, and lawn and garden products. HD provides installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.\n\nHD non-GAAP EPS and dividends paid (TTM), with stock price overlay\nLockheed Martin Corporation (LMT)\nFounded in 1909 and headquartered in Bethesda, Maryland, LMT is a global security and aerospace company engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems. LMT operates through four segments, Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems.\n\nLMT non-GAAP EPS and dividends paid (TTM), with stock price overlay\nBlackRock, Inc. (BLK)\nBLK is an investment management company that provides a range of investment and risk management services to institutional and retail clients across the world. The company’s offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments. BLK was founded in 1988 and is based in New York City.\n\nLowe's Companies, Inc. (LOW)\nLOW is a home improvement retailer. The company offers a complete line of products for maintenance, repair, remodeling, and home decorating. It also offers installation services through independent contractors, as well as extended protection plans and repair services. LOW was founded in 1946 and is based in Mooresville, North Carolina.\n\nLOW non-GAAP EPS and dividends paid (TTM), with stock price overlay\nNorthrop Grumman Corporation (NOC)\nFounded in 1939 and based in Falls Church, Virginia, NOC is a leading global security company with both government and commercial customers. NOC provides systems, products, and solutions in unmanned systems; cyber security; command, control, communications and computers intelligence; surveillance and reconnaissance; and logistics and modernization.\n\nNOC non-GAAP EPS and dividends paid (TTM), with stock price overlay\nThe Allstate Corporation (ALL)\nFounded in 1931 and headquartered in Northbrook, Illinois, ALL is a holding company engaged in property-liability insurance and life insurance in the United States and Canada. The company sells insurance products covering automobiles, homes, and other properties under the Allstate, Esurance, and Encompass brand names. It also sells life insurance and voluntary accident and health insurance products.\n\nALL non-GAAP EPS and dividends paid (TTM), with stock price overlay\nL3Harris Technologies, Inc. (LHX)\nLHX, an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company operates in four segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. LHX was founded in 1895 and is headquartered in Melbourne, Florida.\n\nLHX non-GAAP EPS and dividends paid (TTM), with stock price overlay\nConcluding Remarks\n\nIn this article, I ranked reasonably valued dividend growth stocks in Dividend Radar that have maintained Non-GAAP EPS growth rates of at least 10% for the past ten years. I also required a 5-year YoC of at least 3%.\nI own six of this month’s stocks. With the exception of my ALL position, my positions are all full-sized positions as determined by my dynamic and flexible portfolio target weighting strategy. ALL is underweight and I would need to add about 75 shares to make if a full-sized position. Given ALL’s 18% discount, it appears to be a good time to do so!\nI don’t own LHX and it looks like an interesting candidate to consider, though I prefer to open new positions when they offer 5-Year YoC’s of at least 4%. Nevertheless, LHX have impressive growth prospects and a low payout ratio, so I’m going to spend some time researching the stock.","news_type":1,"symbols_score_info":{"NOC":0.9,"ALL":0.9,"BLK":0.9,"LHX":0.9,"LMT":0.9,"HD":0.9,"LOW":0.9}},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807450794,"gmtCreate":1628052143018,"gmtModify":1633754008981,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091105269152480","idStr":"4091105269152480"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807450794","repostId":"1124524228","repostType":4,"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":831711385,"gmtCreate":1629348403647,"gmtModify":1633685491074,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091105269152480","authorIdStr":"4091105269152480"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831711385","repostId":"1118856541","repostType":4,"repost":{"id":"1118856541","kind":"news","pubTimestamp":1629345442,"share":"https://www.laohu8.com/m/news/1118856541?lang=zh_CN&edition=full","pubTime":"2021-08-19 11:57","market":"us","language":"en","title":"Apple Seeing Surging China iPhone Demand, Analyst Says<blockquote>分析师称苹果看到中国iPhone需求激增</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118856541","media":"Barrons","summary":"Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expe","content":"<p>Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September.</p><p><blockquote>苹果看到了中国对iPhone的巨大需求，这是一个积极的迹象，因为该公司预计将于9月某个时候推出其旗舰产品的新版本。</blockquote></p><p> In a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis, while China’s own handset vendors saw just a 27% increase over the same period. She also&nbsp;estimates that Apple grew its share of the installed base of smartphones in China by 90 basis points in the latest month to 20.7%, a 27-month high. (A basis point is 1/100th of a percentage point.)</p><p><blockquote>摩根士丹利分析师Katy Huberty在一份研究报告中写道，根据中国信息通信研究院的披露，她估计苹果（股票代码：AAPL）7月份在中国的iPhone出货量同比增长79%，而同期中国自己的手机供应商仅增长了27%。她还估计，最近一个月，苹果在中国智能手机装机量中的份额增长了90个基点，达到20.7%，创27个月来新高。（一个基点是百分之一。）</blockquote></p><p> Huberty estimates that both&nbsp;Samsung Electronics&nbsp;and Huawei Technologies lost market share in China in the latest month, with small market-share gains for the domestic phone makers Oppo, Vivo, and Xiaomi.</p><p><blockquote>休伯蒂估计，三星电子和华为技术公司最近一个月在中国的市场份额都有所下降，而国内手机制造商Oppo、Vivo和小米的市场份额略有增长。</blockquote></p><p> She says that the iPhone 12 and iPhone 12 Pro Max are the most popular models in China, but that iPhone 11 sales remain “resilient.”</p><p><blockquote>她表示，iPhone 12和iPhone 12 Pro Max是中国最受欢迎的机型，但iPhone 11的销售仍然“有弹性”。</blockquote></p><p> “We believe these data points support our view that the iPhone can see continued shipment strength after the launch of the new iPhone 13 model” this fall, she writes.</p><p><blockquote>她写道，“我们相信这些数据点支持了我们的观点，即在今年秋天推出新款iPhone 13机型后，iPhone的出货量将持续强劲”。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Seeing Surging China iPhone Demand, Analyst Says<blockquote>分析师称苹果看到中国iPhone需求激增</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 Seeing Surging China iPhone Demand, Analyst Says<blockquote>分析师称苹果看到中国iPhone需求激增</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-19 11:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September.</p><p><blockquote>苹果看到了中国对iPhone的巨大需求，这是一个积极的迹象，因为该公司预计将于9月某个时候推出其旗舰产品的新版本。</blockquote></p><p> In a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis, while China’s own handset vendors saw just a 27% increase over the same period. She also&nbsp;estimates that Apple grew its share of the installed base of smartphones in China by 90 basis points in the latest month to 20.7%, a 27-month high. (A basis point is 1/100th of a percentage point.)</p><p><blockquote>摩根士丹利分析师Katy Huberty在一份研究报告中写道，根据中国信息通信研究院的披露，她估计苹果（股票代码：AAPL）7月份在中国的iPhone出货量同比增长79%，而同期中国自己的手机供应商仅增长了27%。她还估计，最近一个月，苹果在中国智能手机装机量中的份额增长了90个基点，达到20.7%，创27个月来新高。（一个基点是百分之一。）</blockquote></p><p> Huberty estimates that both&nbsp;Samsung Electronics&nbsp;and Huawei Technologies lost market share in China in the latest month, with small market-share gains for the domestic phone makers Oppo, Vivo, and Xiaomi.</p><p><blockquote>休伯蒂估计，三星电子和华为技术公司最近一个月在中国的市场份额都有所下降，而国内手机制造商Oppo、Vivo和小米的市场份额略有增长。</blockquote></p><p> She says that the iPhone 12 and iPhone 12 Pro Max are the most popular models in China, but that iPhone 11 sales remain “resilient.”</p><p><blockquote>她表示，iPhone 12和iPhone 12 Pro Max是中国最受欢迎的机型，但iPhone 11的销售仍然“有弹性”。</blockquote></p><p> “We believe these data points support our view that the iPhone can see continued shipment strength after the launch of the new iPhone 13 model” this fall, she writes.</p><p><blockquote>她写道，“我们相信这些数据点支持了我们的观点，即在今年秋天推出新款iPhone 13机型后，iPhone的出货量将持续强劲”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/apple-seeing-surging-china-iphone-demand-analyst-says-51629302575?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-seeing-surging-china-iphone-demand-analyst-says-51629302575?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118856541","content_text":"Apple is seeing huge demand for iPhones in China, a positive sign as the company heads into the expected launch of a new version of its flagship product sometime in September.\nIn a research note, Morgan Stanley analyst Katy Huberty writes that based on disclosures from China’s Academy for Information and Communications Technology, she estimates Apple’s (ticker: AAPL) iPhone shipments in China in July were up 79% on a year-over-year basis, while China’s own handset vendors saw just a 27% increase over the same period. She also estimates that Apple grew its share of the installed base of smartphones in China by 90 basis points in the latest month to 20.7%, a 27-month high. (A basis point is 1/100th of a percentage point.)\nHuberty estimates that both Samsung Electronics and Huawei Technologies lost market share in China in the latest month, with small market-share gains for the domestic phone makers Oppo, Vivo, and Xiaomi.\nShe says that the iPhone 12 and iPhone 12 Pro Max are the most popular models in China, but that iPhone 11 sales remain “resilient.”\n“We believe these data points support our view that the iPhone can see continued shipment strength after the launch of the new iPhone 13 model” this fall, she writes.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897226711,"gmtCreate":1628926551133,"gmtModify":1633688434429,"author":{"id":"4091105269152480","authorId":"4091105269152480","name":"TheRealGSY","avatar":"https://static.tigerbbs.com/273875b4b43c22f1153e3d10752b1325","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091105269152480","authorIdStr":"4091105269152480"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897226711","repostId":"2159321505","repostType":4,"repost":{"id":"2159321505","kind":"highlight","pubTimestamp":1628911811,"share":"https://www.laohu8.com/m/news/2159321505?lang=zh_CN&edition=full","pubTime":"2021-08-14 11:30","market":"us","language":"en","title":"Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting<blockquote>特斯拉寻求缩短董事会成员任期，并在十月股东大会上做出其他改变</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321505","media":"MarketWatch","summary":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. ","content":"<p>Board members would serve for two years rather than three</p><p><blockquote>董事会成员的任期为两年，而不是三年</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>特斯拉首席执行官Elon Musk去年在德国。玛雅·希蒂吉/盖蒂图片社</span></p></blockquote></p><p> Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p><p><blockquote>特斯拉公司在周五晚间提交的文件中表示，该公司将于10月7日在加州弗里蒙特工厂举行股东大会，该公司将提出的提案包括缩短董事任期的看涨期权。</blockquote></p><p> One of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s&nbsp;board currently has nine members who are divided into three classes in staggered three-year terms.</p><p><blockquote>其中一项建议是评级将每名董事的任期从三年减至两年。特斯拉董事会目前有九名成员，分为三类，任期三年。</blockquote></p><p> If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the&nbsp;filing.</p><p><blockquote>然而，特斯拉在文件中表示，如果该提案获得批准，董事会将分为两个任期交错的类别，董事在两个类别之间的分布尽可能平均。</blockquote></p><p> The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.</p><p><blockquote>自2007年以来一直在特斯拉董事会任职的风险投资家Antonio Gracias在2019年表示，今年任期结束后，他不会寻求连任，董事会成员将减少至8名。</blockquote></p><p> Tesla’s board nominated current board members James Murdoch, the youngest son of News Corp&nbsp;founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p><p><blockquote>特斯拉董事会提名现任董事会成员、新闻集团创始人默多克的小儿子默多克（James Murdoch）和首席执行官马斯克（Elon Musk）的哥哥马斯克（Kimbal Musk）连任二级董事，任期将于2024年届满。该公司表示，如果期限缩减获得批准，那么他们的期限将于2023年结束。</blockquote></p><p> Tesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p><p><blockquote>特斯拉缩短董事会成员任期是对股东提议选举每位董事会成员一年的回应。</blockquote></p><p> The two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.</p><p><blockquote>然而，特斯拉表示，两年的任期“在我们股东的长期利益和近期责任之间取得了适当的平衡”。</blockquote></p><p> Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&amp;P 500 index.</p><p><blockquote>特斯拉股价在常规交易日收盘下跌0.7%后，在盘后交易中持平。该股今年已上涨1.6%，而标普500指数的涨幅约为19%。</blockquote></p><p></p>","source":"lsy1603348471595","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 seeks to reduce board members’ terms, make other changes in October shareholder meeting<blockquote>特斯拉寻求缩短董事会成员任期，并在十月股东大会上做出其他改变</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\">\nTesla seeks to reduce board members’ terms, make other changes in October shareholder meeting<blockquote>特斯拉寻求缩短董事会成员任期，并在十月股东大会上做出其他改变</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-14 11:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Board members would serve for two years rather than three</p><p><blockquote>董事会成员的任期为两年，而不是三年</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>特斯拉首席执行官Elon Musk去年在德国。玛雅·希蒂吉/盖蒂图片社</span></p></blockquote></p><p> Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p><p><blockquote>特斯拉公司在周五晚间提交的文件中表示，该公司将于10月7日在加州弗里蒙特工厂举行股东大会，该公司将提出的提案包括缩短董事任期的看涨期权。</blockquote></p><p> One of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s&nbsp;board currently has nine members who are divided into three classes in staggered three-year terms.</p><p><blockquote>其中一项建议是评级将每名董事的任期从三年减至两年。特斯拉董事会目前有九名成员，分为三类，任期三年。</blockquote></p><p> If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the&nbsp;filing.</p><p><blockquote>然而，特斯拉在文件中表示，如果该提案获得批准，董事会将分为两个任期交错的类别，董事在两个类别之间的分布尽可能平均。</blockquote></p><p> The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.</p><p><blockquote>自2007年以来一直在特斯拉董事会任职的风险投资家Antonio Gracias在2019年表示，今年任期结束后，他不会寻求连任，董事会成员将减少至8名。</blockquote></p><p> Tesla’s board nominated current board members James Murdoch, the youngest son of News Corp&nbsp;founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p><p><blockquote>特斯拉董事会提名现任董事会成员、新闻集团创始人默多克的小儿子默多克（James Murdoch）和首席执行官马斯克（Elon Musk）的哥哥马斯克（Kimbal Musk）连任二级董事，任期将于2024年届满。该公司表示，如果期限缩减获得批准，那么他们的期限将于2023年结束。</blockquote></p><p> Tesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p><p><blockquote>特斯拉缩短董事会成员任期是对股东提议选举每位董事会成员一年的回应。</blockquote></p><p> The two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.</p><p><blockquote>然而，特斯拉表示，两年的任期“在我们股东的长期利益和近期责任之间取得了适当的平衡”。</blockquote></p><p> Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&amp;P 500 index.</p><p><blockquote>特斯拉股价在常规交易日收盘下跌0.7%后，在盘后交易中持平。该股今年已上涨1.6%，而标普500指数的涨幅约为19%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click\">MarketWatch</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":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321505","content_text":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.\nOne of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s board currently has nine members who are divided into three classes in staggered three-year terms.\nIf the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.\nThe board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.\nTesla’s board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.\nTesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.\nThe two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.\nTesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. 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