WLing personal page - To The Moon

WLing

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2024-02-14

I found these three words 1. LUCK 2. HEALTH 3. FORTUNE

2024-02-12

Happy cny guys! Huat ahhh

2024-01-16

$Advanced Micro Devices(AMD)$

2024-01-14

[Happy] [Miser] [Happy] [Miser] [Happy] [Miser]

2024-01-13

[Happy] [Miser] [Happy] [Miser] [Happy] [Miser]

2024-01-12

[Happy] [Miser] [Happy] [Miser] [Happy] [Miser]

2024-01-11

[Happy] [Miser] [Happy] [Miser] [Happy] [Miser]

2024-01-10

[Happy] [Happy] [Happy] [Happy] [Happy]

2024-01-09

[Happy] [Miser] [Happy] [Miser] [Happy] [Happy]

2024-01-08

[Smile] [Happy] [Happy] [Happy] [Happy] [Happy]

2024-01-07

A better year ahead! [Happy]

2024-01-06

A great year ahead![Happy]

2024-01-05

Happy new year guys!

2024-01-04

Have fun guys![Happy] [Happy] [Happy] [Happy]

2024-01-03

Happy new year guys!

2024-01-02

Happy new year guys!

2024-01-01

Happy new year! Cheers to a better year!

2023-12-31

Good luck everyone! Have fun

2023-12-30

Good luck everyone![Happy] [Happy]

2023-12-29

Good luck everyone and have a blessed year ahead!

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Cheers to a better year!","listText":"Happy new year! Cheers to a better year!","text":"Happy new year! Cheers to a better year!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258329257037888","isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257960277012480,"gmtCreate":1704012466069,"gmtModify":1704012470000,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Good luck everyone! Have fun","listText":"Good luck everyone! Have fun","text":"Good luck everyone! Have fun","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257960277012480","isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257497634189376,"gmtCreate":1703899518042,"gmtModify":1703899522371,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Good luck everyone![Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","listText":"Good luck everyone![Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","text":"Good luck everyone![Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257497634189376","isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257276501098712,"gmtCreate":1703845543499,"gmtModify":1703845547701,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Good luck everyone and have a blessed year ahead!","listText":"Good luck everyone and have a blessed year ahead!","text":"Good luck everyone and have a blessed year ahead!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257276501098712","isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9923183136,"gmtCreate":1670809673326,"gmtModify":1676538437393,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9923183136","repostId":"2290225801","repostType":2,"repost":{"id":"2290225801","kind":"highlight","pubTimestamp":1670809368,"share":"https://ttm.financial/m/news/2290225801?lang=&edition=fundamental","pubTime":"2022-12-12 09:42","market":"us","language":"en","title":"Apple: 5 Topics That Should Be on Investors' Minds","url":"https://stock-news.laohu8.com/highlight/detail?id=2290225801","media":"Seeking Alpha","summary":"It's no secret that Apple (NASDAQ:AAPL) stands out above all other tech sector titans for a number o","content":"<html><head></head><body><p>It&#39;s no secret that Apple (NASDAQ:AAPL) stands out above all other tech sector titans for a number of reasons.</p><p>For starters, the company easily has one of the most-recognizable brand names and images in not just the tech sector but in all of worldwide business. And even with its share price dropping by 17% this year, Apple (AAPL) still remains the world&#39;s most-valuable company, with a market cap of $2.3T.</p><p>And, because the iPhone still remains the standard by which all other mobile phones are measured, and is Apple&#39;s (AAPL) largest source of revenue, anything related to the disruption of iPhone production is going to get the attention of investors.</p><p>However, analyst Erik Woodring, of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, said that while talk of the iPhone is expected, there are five other questions about Apple (AAPL) that he said are increasing among Apple (AAPL) shareholders, and which are worth considering at the end of the year.</p><p>&#34;The company has a long runway for growth in the core business through increased penetration of emerging markets and growing monetization of under-penetrated services offerings,&#34; Woodring said. &#34;We believe any stock dislocation on the back of supply related disruptions presents an opportunity to own one of the highest quality tech platforms.&#34;</p><p>Among the matters Woodring said that is coming up around Apple (AAPL) is when the stock might reach a &#34;near-term floor&#34;. Woodring said that based on his current earning and price-to-earnings multiple outlooks for 2023, it wouldn&#39;t be surprising to see Apple&#39;s (AAPL) shares fall to as low as $120, from its current level of around $144 a share.</p><p>However, Woodring stressed that he still has a $235-a-share &#34;bull case&#34; valuation on Apple&#39;s (AAPL) stock based on factors such as the company acting more like a &#34;subscription model&#34; due to the increasing sales the company brings in from its services business.</p><p>Woodring also said that reports of iPhone production shortfalls will remain &#34;the key near-term debate&#34; going into 2023. However, he said that demand for the new iPhone 14 models &#34;is more resolute than feared&#34; due to the upgrade intentions of current iPhone owners. Woodring added that in past periods of iPhone production issues, the following year has &#34;always seen better-than-expected growth [and] estimate revisions, showing [that] demand has been more sustainable than initially feared.&#34;</p><p>COVID flareups in China, where Apple (AAPL) partner Foxconn has a massive iPhone-manufacturing plant in Zhengzhou, have added to the topic of Apple (AAPL) diversifying its supply chain in order to be less susceptible to issues in China. As such, Apple (AAPL) has begun to move the some of its Apple Watch, AirPods and older iPhone production to Vietnam and India, and Woodring said, &#34;We wouldn&#39;t be surprised to see regions like India, Vietnam and Malaysia as more significant centers of production over the next few years.&#34;</p><p>With services becoming Apple&#39;s (AAPL) second-largest revenue generator after the iPhone, sales of subscriptions to offerings such as Apple Music and iCloud storage are playing a bigger role in the company&#39;s overall business strategy. Woodring said that the App Store and licensing will likely be the two areas to drive services in the next few years, and return the segment to double-digit year-over-year sales growth.</p><p>Finally, Woodring said that Apple&#39;s (AAPL) launching of an augmented or virtual-reality headset presents &#34;an attractive long-term opportunity&#34; for the company, but it will take time to have a major impact on the company&#39;s overall results.</p><p>&#34;Any product that Apple launches will reflect the quality of the brand and be differentiated by the differentiation of hardware, software and services,&#34; Woodring said. &#34;This could grow over time as a content ecosystem is built out to have broader-reaching impacts.&#34;</p><p>Earlier this months, Apple (AAPL) was reported to have sped up work on its AR/VR headset efforts, and even gave a name to the device&#39;s operating system.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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: 5 Topics That Should Be on Investors' Minds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3915832-apple-5-topics-that-should-be-on-investors-minds><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's no secret that Apple (NASDAQ:AAPL) stands out above all other tech sector titans for a number of reasons.For starters, the company easily has one of the most-recognizable brand names and images ...</p>\n\n<a href=\"https://seekingalpha.com/news/3915832-apple-5-topics-that-should-be-on-investors-minds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/news/3915832-apple-5-topics-that-should-be-on-investors-minds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290225801","content_text":"It's no secret that Apple (NASDAQ:AAPL) stands out above all other tech sector titans for a number of reasons.For starters, the company easily has one of the most-recognizable brand names and images in not just the tech sector but in all of worldwide business. And even with its share price dropping by 17% this year, Apple (AAPL) still remains the world's most-valuable company, with a market cap of $2.3T.And, because the iPhone still remains the standard by which all other mobile phones are measured, and is Apple's (AAPL) largest source of revenue, anything related to the disruption of iPhone production is going to get the attention of investors.However, analyst Erik Woodring, of Morgan Stanley, said that while talk of the iPhone is expected, there are five other questions about Apple (AAPL) that he said are increasing among Apple (AAPL) shareholders, and which are worth considering at the end of the year.\"The company has a long runway for growth in the core business through increased penetration of emerging markets and growing monetization of under-penetrated services offerings,\" Woodring said. \"We believe any stock dislocation on the back of supply related disruptions presents an opportunity to own one of the highest quality tech platforms.\"Among the matters Woodring said that is coming up around Apple (AAPL) is when the stock might reach a \"near-term floor\". Woodring said that based on his current earning and price-to-earnings multiple outlooks for 2023, it wouldn't be surprising to see Apple's (AAPL) shares fall to as low as $120, from its current level of around $144 a share.However, Woodring stressed that he still has a $235-a-share \"bull case\" valuation on Apple's (AAPL) stock based on factors such as the company acting more like a \"subscription model\" due to the increasing sales the company brings in from its services business.Woodring also said that reports of iPhone production shortfalls will remain \"the key near-term debate\" going into 2023. However, he said that demand for the new iPhone 14 models \"is more resolute than feared\" due to the upgrade intentions of current iPhone owners. Woodring added that in past periods of iPhone production issues, the following year has \"always seen better-than-expected growth [and] estimate revisions, showing [that] demand has been more sustainable than initially feared.\"COVID flareups in China, where Apple (AAPL) partner Foxconn has a massive iPhone-manufacturing plant in Zhengzhou, have added to the topic of Apple (AAPL) diversifying its supply chain in order to be less susceptible to issues in China. As such, Apple (AAPL) has begun to move the some of its Apple Watch, AirPods and older iPhone production to Vietnam and India, and Woodring said, \"We wouldn't be surprised to see regions like India, Vietnam and Malaysia as more significant centers of production over the next few years.\"With services becoming Apple's (AAPL) second-largest revenue generator after the iPhone, sales of subscriptions to offerings such as Apple Music and iCloud storage are playing a bigger role in the company's overall business strategy. Woodring said that the App Store and licensing will likely be the two areas to drive services in the next few years, and return the segment to double-digit year-over-year sales growth.Finally, Woodring said that Apple's (AAPL) launching of an augmented or virtual-reality headset presents \"an attractive long-term opportunity\" for the company, but it will take time to have a major impact on the company's overall results.\"Any product that Apple launches will reflect the quality of the brand and be differentiated by the differentiation of hardware, software and services,\" Woodring said. \"This could grow over time as a content ecosystem is built out to have broader-reaching impacts.\"Earlier this months, Apple (AAPL) was reported to have sped up work on its AR/VR headset efforts, and even gave a name to the device's operating system.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255212417003760,"gmtCreate":1703321378955,"gmtModify":1703321383383,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Let's join the game!","listText":"Let's join the game!","text":"Let's join the game!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":2,"link":"https://ttm.financial/post/255212417003760","isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4159207095924832","authorId":"4159207095924832","name":"Wellhung73","avatar":"https://community-static.tradeup.com/news/4a973fd93f64a3212928076f1fe6c6bb","crmLevel":1,"crmLevelSwitch":0,"idStr":"4159207095924832","authorIdStr":"4159207095924832"},"content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952958432,"gmtCreate":1674381691927,"gmtModify":1676538938841,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Happy chinese new year! Wishing everyone to huat huat huat and stay healthy this year!","listText":"Happy chinese new year! Wishing everyone to huat huat huat and stay healthy this year!","text":"Happy chinese new year! Wishing everyone to huat huat huat and stay healthy this year!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9952958432","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4113904591642392","authorIdStr":"4113904591642392"},"content":"Tag a stock to win coins❣️Wish you a Blessed and Prosperous Year of the Rabbit and 👍 Health🍊🍊🧧🧧🍍🍍🧧🧧 May the Rabbit of Good Fortune Hop🐇🐇🐇 into your 2023 investments❣️","text":"Tag a stock to win coins❣️Wish you a Blessed and Prosperous Year of the Rabbit and 👍 Health🍊🍊🧧🧧🍍🍍🧧🧧 May the Rabbit of Good Fortune Hop🐇🐇🐇 into your 2023 investments❣️","html":"Tag a stock to win coins❣️Wish you a Blessed and Prosperous Year of the Rabbit and 👍 Health🍊🍊🧧🧧🍍🍍🧧🧧 May the Rabbit of Good Fortune Hop🐇🐇🐇 into your 2023 investments❣️"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958596913,"gmtCreate":1673766092333,"gmtModify":1676538883335,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958596913","repostId":"1135653023","repostType":2,"repost":{"id":"1135653023","kind":"news","pubTimestamp":1673754828,"share":"https://ttm.financial/m/news/1135653023?lang=&edition=fundamental","pubTime":"2023-01-15 11:53","market":"us","language":"en","title":"Top 10 Tech Stocks For 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1135653023","media":"Seeking Alpha","summary":"SummaryThe beaten-down tech sector ended 2022 with six consecutive quarters of declines, but 2023 co","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The beaten-down tech sector ended 2022 with six consecutive quarters of declines, but 2023 could offer upside when the market recovers.</li><li>In anticipation of a 2023 recession, a contrarian position of buying stocks in the beaten-down tech sector may be just the risk-reward you need to start the new year.</li><li>We&#39;ll look at 10 Strong Buy tech stocks that have performed well during the 2022 downturn. The stocks have excellent fundamentals, and their bullish momentum indicates they could perform well.</li><li>My 10 Top Tech Stocks possess forward EPS growth rates ranging from 20% to 118%, and eight have forward P/E ratios below 18x. All have solid profitability and excellent factor grades.</li><li>Not one of our Strong Buy recommendations is a Mega Tech stock or FAANG. Our Quant Rating System provides powerful signals that separate the weak from the strong and can help investors minimize risk and maximize returns.</li></ul><p><b>Tech Options</b></p><p>It&#39;s not new news that the 2022 markets took investors and their portfolios on a rollercoaster ride. Technology was one of the worst-performing sectors (XLK) -24%, ending 2022 with six consecutive quarters of declines, as showcased in the below chart. And after poorer than expected earnings, slowing revenues, deteriorating profit margins, and slashing more than 154,000 jobs in 2022, many tech companies continue their plight.</p><p><i><b>Six Consecutive Quarters of Tech Declines</b></i></p><p><img src=\"https://static.tigerbbs.com/3d8eb717b158a34c1733c3f5959d85ca\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"/></p><p>Six Quarters of Tech Declines (Bloomberg Finance)</p><p>Uncertainty is looming in the first part of 2023 as an economic downturn seems likely, and companies take steps to reduce costs in anticipation of revenue declines. After the 33% decline in the Nasdaq 100, its worst showing since 2008, &#34;Analysts have already slashed revenue growth estimates for tech companies to 2.4% for 2023, versus a consensus projection of 5.4% just three months ago,&#34; according to Bloomberg Intelligence.</p><p><img src=\"https://static.tigerbbs.com/c3edbc7edfca97277e1507beb72b24c2\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tech Sector Job Cuts Chart (Bloomberg)</p><p>And although projections for 2023 earnings are expected to fall 2.2% versus the growth projection of 4.3%, as investors and the economy battle 40-year high inflation, consumers - and companies - will likely feel the pain.</p><p>But then there&#39;s the latest &#39;Goldilocks&#39; CPI reading that shows consumer prices rose 6.5% over the last 12 months, one of the slowest inflation rates in a year. Core inflation increased to 5.7%, and while it would appear that the Fed may downshift rate hikes, the outlook hasn&#39;t changed meaningfully from what it was one week ago. Inflation is trending down in line with expectations, which is neither good news nor bad news for tech stocks. This reading may be just right, giving the Fed a runway to downshift the rate of increase by an additional 25 basis points from the December 50-basis point hike in their upcoming meeting.</p><p><img src=\"https://static.tigerbbs.com/31c25da095500127b122a1713c590845\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>CPI May Suggest &#39;Goldilocks&#39; Economy (Bloomberg, Bureau of Labor Statistics)</p><p>I&#39;ll reiterate, as I have in the past, &#34;Don&#39;t fight the Fed,&#34; which is why it&#39;s crucial to consider tools when investing that offer powerful cues when markets rotate from exuberance to confusion, limiting risk while maximizing returns.</p><p>Seeking Alpha&#39;s Quant Ratings and Factor Grades Systemshowcases stocks with shared traits of value, growth, profitability, rising earnings revisions, and momentum that are best equipped to withstand volatility. It is a data-driven process that relies on the statistical measurement of a stock&#39;s financial metrics and scoring how it compares to the sector. I have selected ten tech stocks that have performed well in 2022, possess excellent factor scores, and maintain bullish momentum. While past performance is no guarantee of future results, check out our top ten tech stocks for 2023.</p><p><b>10 Tech Stocks to Buy Despite Inflation and Potential Recession: Semiconductor and a Mix</b></p><p>Seven out of my top 10 stocks are semiconductors. Why? Because they are found in nearly every piece of technology used today. The semiconductor industry is on an uptick and has proven resilient when most of the tech sector was pummeled in 2022.</p><p>Because a crucial piece of investing involves diversification, especially amid market volatility, and when selecting growth or tech stocks in a rising rate environment, my picks are unique. Not all are the largest in their respective industries, offering something different for each investor. Let&#39;s dive into my first semiconductor stock and my#1 pickoverall for 2023.</p><p>1. Super Micro (NASDAQ:SMCI)</p><ul><li><p>Market Capitalization: $4.47B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 3 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 2 out of 29</p></li></ul><p>Offering SuperStorage, SuperServers, advanced cloud, and Big Data solutions, Super Micro Computer, Inc. and its subsidiaries offer a broad range of products and services in the IT space. With a strong network of semiconductor manufacturing relationships, SMCI is becoming a global tech leader that offers diverse systems, designing the newest tech innovations to optimize products. In addition to its vast portfolio, SMCI is making strides for the environment through its &#34;green computing,&#34; which offers customers cost-friendly, more energy-efficient, and environmentally-friendly solutions while trading at an extreme discount.</p><p>SMCI Stock Valuation &amp; Momentum</p><p>SMCI has been a resilient and top-performing stock in a beaten-down sector. Not only is it my top tech stock, I included SMCI in my Top 10 Stocks for 2023, and it was one of November&#39;s two Alpha Picks.</p><p>Continuing to outperform the S&amp;P 500 and Nasdaq, SMCI offers one of the best valuation frameworks in the IT sector. SMCI showcases a forward P/E ratio of 8.87x, a more than 62% difference to the sector, and a forward PEG of 0.28x, a -82.05% difference to its peers.</p><p><img src=\"https://static.tigerbbs.com/34ba9e4f4258e4fed1587a3a00130a5c\" tg-width=\"615\" tg-height=\"302\" referrerpolicy=\"no-referrer\"/></p><p>SMCI Valuation Grade (Seeking Alpha Premium)</p><p>In addition to its undervaluation on several metrics, Super Micro&#39;s bullish momentum in 2022 has continued into the new year. Quarterly momentum grades of A+ highlight the stock&#39;s significant price performance relative to the sector median, showing its strength, as evidenced by consecutive earnings beats.</p><p>Super Micro Growth &amp; Profitability</p><p>Following record revenue for the first quarter of FY2023, SMCI beat analyst expectations. With EPS of $3.42, which beat by $0.60, and revenue of $1.85B, which beat by $129.67M, sales surged 79% year-over-year.</p><p>With goals of expanding its product portfolio by 25%, SMCI is focused on cost-cutting measures and maintaining a strong balance sheet to deliver year-over-year triple-digit percentage growth, superior to its competitors. SMCI&#39;s plug-and-play Rack-Scale Total IT solutions are a significant growth driver. Additionally, client strength, demand capacity, and its broad server and storage portfolio is helping drive results.</p><p><img src=\"https://static.tigerbbs.com/780e6c98698aa91181ed4b170afd8b53\" tg-width=\"1260\" tg-height=\"715\" referrerpolicy=\"no-referrer\"/></p><p>SMCI vs Industry Growth Rate (SMCI Q123 Investor Presentation)</p><p>Focused on Total IT Solutions, SMCI, and saving the planet, one server at a time and homes to become a $20B revenue company amid its addition to theS&amp;P midcap 400 Index.</p><p>2. Taiwan Semiconductor (NYSE:TSM)</p><ul><li><p>Market Capitalization: $409.42B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 6 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 1 out of 66</p></li></ul><p>Despite a one-year decline of 35% and geopolitical risks, Taiwan Semiconductor is a chip stock that managed to withstand the substantial drawdowns that hurt other tech stocks in 2022. As the world&#39;s largest chip maker, having manufactured more than 12,300 products that include smartphones, automotive, and digital consumer electronics, although the semiconductor industry and fabrication can be very cyclical, TSM&#39;s bullish momentum continues to allow this stock to outperform. Taiwan Semiconductor has managed to maintain its pricing power in a popular industry while continuing to trade at a discount, all while garnering the interest of Warren Buffett, whose Berkshire Hathaway disclosed its $4.1B stake in November.</p><p>TSM Stock Valuation &amp; Momentum</p><p>Momentum for TSM is bullish, showcasing a B- momentum grade and outperforming its sector peers quarterly. With a forward P/E ratio of 12.70x compared to the sector median of 24.11x and a forward PEG of 0.58x, Taiwan Semiconductor is undervalued substantially relative to its peers.</p><p><img src=\"https://static.tigerbbs.com/2425576325c50fa71218819b1156b9df\" tg-width=\"619\" tg-height=\"302\" referrerpolicy=\"no-referrer\"/></p><p>TSM Valuation Grade (Seeking Alpha Premium)</p><p>With plans toramp up production, TSM&#39;s growth and revenue projections look tremendous. Its YTD revenue of $53B is 105 times greater than its competitor Intel (INTC), and TSM&#39;s advantage over popular electronics rival Samsung looks promising. As fellow Seeking Alpha author Robert Castellano writes:</p><blockquote>&#34;TSMC&#39;s share of the foundry sector increased from 53.4% to 56.1%, while Samsung&#39;s share decreased from 16.4% to 15.5%. Intel&#39;s share increased from 0.36% to 0.46%, according to The Information Network&#39;s report entitled &#34;Hot ICs: A Market Analysis of Artificial Intelligence (&#34;AI&#34;), 5G, Automotive, and Memory Chips.&#34; While TSMC is #1 and Samsung #2 in the foundry market, Intel&#39;s acquisition of Tower in 2023 will move INTC to #7 just behind Huahong.&#34;</blockquote><p><img src=\"https://static.tigerbbs.com/a9c560680c1270f1d3614da4757c334d\" tg-width=\"609\" tg-height=\"593\" referrerpolicy=\"no-referrer\"/></p><p>TSM Stock Profitability Grade (Seeking Alpha Premium)</p><p>With consecutive top-and-bottom-line earnings beats, TSM&#39;s reported solid earnings for Q4. Despite revenue of $20.55B missing, EPS of $1.82 beat by $0.07, the markets seemed to be unfazed by the revenue figures, as the stock rose nearly 6% after the market open. With more than $47B in cash and A+ profitability, TSM is a stock worth considering for portfolios in 2023.</p><p>3. Amkor Technology (AMKR)</p><ul><li><p>Market Capitalization: $7.18B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 6 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 3 out of 29</p></li></ul><p>Another quant rated strong buy rated IT company involved with semiconductors is Amkor Technology. AMKR is a leader in integrating memory and storage for computing and automotive products, offering flip-chip solutions, including turnkey packaging for smartphones, tablets, and other mobile devices. On an uptrend following stellar Q3 earnings, the stock is trading near its 52-week high but still offers upside potential given the demand for Big Data and chips, which is why I&#39;ve selected it as one of my top 10 tech stocks.</p><p>AMKR Stock Valuation &amp; Momentum</p><p>AMKR is trading at a premium, given its D+ overall Valuation grade. But, the majority of its underlying metrics come at an extreme discount. Showcasing a forward P/E ratio of 9.32x, a -61.34% difference to the sector, and a trailing PEG of 0.19x versus the sector 0.65x, a -71% difference, AMKR offers some value as well as bullish momentum.</p><p><img src=\"https://static.tigerbbs.com/16798a55cf227e9943911b351932f02e\" tg-width=\"623\" tg-height=\"749\" referrerpolicy=\"no-referrer\"/></p><p>AMKR Valuation Grade (Seeking Alpha Premium)</p><p>As evidenced in its performance over the last year, +22.84%, AMKR is strongly bullish. Its quarterly price performance significantly outperforms its sector peers, so much that many analysts call the stock overbought as investors continue to actively purchase shares, driving its price higher. With a Q3 2022 EPS of $1.24 that beat by $0.31 and revenue of $2.08B that beat nearly 24% year-over-year despite macroeconomic headwinds, AMKR continues to grow. Its advanced packaging technology made up nearly 80% of its Q3 business. As its CEO,Giel Rutten, stated, &#34;Amkor continues executing on its strategy to leverage a leadership position in advanced packaging and its broad geographical footprint to capitalize on the industry megatrends of 5G, IoT, automotive, and high-performance computing.&#34;</p><p>4. ON Semiconductor Corporation (NASDAQ: ON)</p><ul><li><p>Market Capitalization: $27.79B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 16 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 4 out of 29</p></li></ul><p>Headquartered in Phoenix, Arizona, this semiconductor stock has been one of my favorites for a while. Offering premier intelligent technology for automotive, industrial, and 5G cloud power, ON Semiconductor is paving the way for global lighter and longer-range systems. With tremendous earnings growth, EPS, and fundamentals, consider this stock for a portfolio, especially as it trades at a discount.</p><p>ON Semiconductor Stock Valuation &amp; Momentum</p><p>Despite geopolitical and supply pressures within the semiconductor industry, and a downgrade by investment firm William Blair to start the new year, ON continues to advance. With a current B- Valuation Grade, Onsemi is more attractive than its sector by more than 36%, at a forward P/E of 15.29x. Its A+ forward PEG 0.67x indicates its great value.</p><p><img src=\"https://static.tigerbbs.com/7a247a0a082259039d844c9c2e3fe5a6\" tg-width=\"613\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/></p><p>ON Valuation Grade (Seeking Alpha Premium)</p><p>On a longer-term uptrend, ON shares are trading above the 200-day moving average, with investors paying higher prices for shares. Showcasing a quarterly price performance for six- and nine-months substantially better than its sector peers, it&#39;s no surprise given the tremendous growth and profitability the company has displayed.</p><p>ON Growth &amp; Profitability</p><p>ON&#39;s increases in revenue can be attributed to its tremendous growth on the heels of high demand in the core end markets of auto and industrial.</p><p><img src=\"https://static.tigerbbs.com/942e36b6643094e2eeb7844646bc3e38\" tg-width=\"640\" tg-height=\"367\" referrerpolicy=\"no-referrer\"/></p><p>ON Revenue by End-Market Illustration (Onsemi Q3 2022 Investor Presentation)</p><p>The two markets collectively made up 68% of revenue, up 40.4% in Q3 2022 compared to the same period in 2021. In addition to an EPS of $1.45 that beat by $0.14 and record revenue of $2.19B, ON&#39;s strategy continues to drive its long-term growth plans while reducing the volatility in its business, all while expanding market share.</p><p>5. Axcelis Technologies, Inc. (ACLS)</p><ul><li><p>Market Capitalization: $3.14B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 6 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 3 out of 29</p></li></ul><p>Capitalizing on semiconductor innovation, Axcelis Technologies, Inc. designs, manufactures, and services ion implantation in the fabrication of chips around the world. Currency and geopolitical risks have affected the industry in general. Still, ACLS has gained amid high demand and outperformed the overall semiconductor industry and S&amp;P 500 over the last year, as evidenced in the chart below, while managing to trade at a discount.</p><p><i><b>ACLS Significantly outperformed SPY &amp; SMH (1-year price performance)</b></i></p><p><img src=\"https://static.tigerbbs.com/d740b554906b934c4ad972cedeafc2eb\" tg-width=\"640\" tg-height=\"333\" referrerpolicy=\"no-referrer\"/></p><p>ACLS Significantly outperformed SPY &amp; SMH (1-year price performance) (TradingView, SA Premium)</p><p>ACLS Stock Valuation &amp; Momentum</p><p>Despite trading near its 52-week high of $97.43 per share, ACLS is undervalued. Forward P/E of 18.34x is a -24.98% difference to the sector 24.45x, and its forward PEG of 0.92x is more than -40%. With bullish momentum showcasing substantial quarterly price-performance beats, analysts call the stock overbought as shares are actively being purchased and the 200-day moving average is upward sloping. In anticipation of Q4 revenues exceeding $250M, above its previous guidance of approximately $232M to $240M, Axcelis raises Q4 guidance, indicating solid growth and profitability anticipated.</p><p>ACLS Growth &amp; Profitability</p><p>Expecting to achieve nearly $1B in revenue over the next few years on the heels of growth drivers like the electrification of automobiles and advancements in communications technology. ACLS&#39;s targeting of specific markets has helped advance its revenues.</p><p><img src=\"https://static.tigerbbs.com/8bdf25adb10e285b599445f7620b7e60\" tg-width=\"640\" tg-height=\"362\" referrerpolicy=\"no-referrer\"/></p><p>ACLS Targeted Market Segments (ACLS November 2022 Investor Presentation)</p><p>With its Q3 2022 earnings showcasing top-and-bottom-line beats for the 12th consecutive reporting, it should be no surprise that analysts are revising up and that I selected this stock as one of the top 10 for 2023. EPS of $1.21 beat by $0.06, and revenue of $229.18M beat by nearly 30% Y/Y. With Q3 gross margins of 45.1%, well above guidance, and a backlog and strong consumer demand into 2023, Axcelis is well positioned to grow, according to President &amp; CEOMary Puma, despite an anticipated slowdown in the industry for 2023.</p><p>6. Himax Technologies, Inc. (HIMX)</p><ul><li><p>Market Capitalization: $1.25B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 17 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 4 out of 29</p></li></ul><p>My final semiconductor stock pick is Himax Technologies, Inc., a small-cap semiconductor company expected to exceed Q4 guidance. Headquartered in Taiwan, Himax is a fabless semiconductor company, meaning that it designs and sells the hardware for chips, but doesn&#39;t manufacture the actual wafer or chip itself.</p><p>Himax Stock Valuation &amp; Momentum</p><p>Trading at an extreme discount, Himax possesses an A+ valuation grade, showcasing a forward P/E ratio of 5.47x, a -77.64 difference to the sector, and forward metrics like EV/Sales (1.23x) and EV/EBITDA 5.18x also at extremely discounted levels.</p><p><img src=\"https://static.tigerbbs.com/b6dd6173b0a11b3adeeca6ab97bb8e28\" tg-width=\"613\" tg-height=\"505\" referrerpolicy=\"no-referrer\"/></p><p>HIMX Stock Valuation Grade (SA Premium )</p><p>Despite achallenging political environmentbetween the nations of Taiwan and China, coupled with the U.S. imposing restrictions on the exporting of semiconductors, Taiwan continues to be the leading chip market. Bullish momentum continues pushing Himax on an uptrend, with analysts calling the stock overbought as its price rises. With demand persisting for the industry and positive guidance anticipated, 2023 could spell tremendous results for Himax&#39;s profits and growth.</p><p>Himax Stock Growth &amp; Profitability</p><p>With over 3,000 active patents and a dominant force in the automotive industry, Himax&#39;s Q3 earnings showcased an EPS of $0.17, beating by $0.09, with revenue of $213.63, beating by $14.81M. HIMX had better-than-expected sales, and the company implemented greater inventory control measures in anticipation of a slowdown. Representing more than 35% of sales was HIMX&#39;s auto business, HIMX offers a diversified mix of products which includes imaging and 3D technologies. With plans to introduce an ultralow power Ai batter-operated surveillance camera, HIMX is looking toward the future, and as Himax President &amp; CEO,Jordan Wu said,</p><blockquote>&#34;Partnering with Novatek is a win-win as it allows us to leverage each other&#39;s strength in AI. In addition to both parties&#39; collective years of know-how on panel display and in the emerging enormous AI fields, it also allows us to jointly engage with multiple global vendors for their next-generation product launches…We are proud to be at the forefront of innovation, bringing our WiseEye, embedded with proprietary pre-roll functionality and smart image sensing to lower device power consumption while improving system security and overall user experience at the same time.&#34;</blockquote><p>Consider Himax for a portfolio, along with the next stock pick, inApplication Software.</p><p>7. Model N, Inc. (MODN)</p><ul><li><p>Market Capitalization: $1.55B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 24 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 2 out of 213</p></li></ul><p>Offering cloud revenue management solutions to help minimize overpayments and risks involved in payment processing, Model N, Inc.&#39;s business model is helping curb the price erosion of products for high-tech and life science companies. By implementing artificial intelligent controls, MODN can control price concessions for deals, and its revenue solutions utilize enterprise resource planning (ERP) and customer relationship management (CRM) to maximize workflows to help grow revenue.</p><p><b>Model N, Inc. Bullish 1-Year Price Performance</b></p><p><img src=\"https://static.tigerbbs.com/145103b13c24a4ae7dcfd77c15739fd0\" tg-width=\"1104\" tg-height=\"316\" referrerpolicy=\"no-referrer\"/></p><p>Model N, Inc. Bullish 1-Year Price Performance (SA Premium)</p><p>As showcased by its one-year price performance, MODN is on an uptrend, +46%, while also trading at a relative discount. Let&#39;s dive into the figures.</p><p>MODN Stock Valuation &amp; Momentum</p><p>MODN has strongly bullish momentum with an A+ grade, as its 200- and the 10-day moving average is rising. One of the few tech stocks that experienced a rise in share price in 2022, MODN is trading near its 52-week high of $42.45 per share. Despite this, the stock still is relatively undervalued, posting a C+ valuation grade. Despite less-than-ideal underlying valuation metrics, MODN&#39;s earnings continue to impress, an indication that there may be continued upside with this stock offering solid overall fundamentals, including growth and profitability.</p><p>MODN Growth &amp; Profitability</p><p>Seven analysts have revised estimates amid tremendous earnings in the last 90 days, bringing its recent B+revisions gradeup to a solid &#39;A.&#39; Model N&#39;s Q4 2022 EPS of $0.20 beat by $0.01, and revenue of $58.17M beat by $1.79M, a year-over-year increase of 13%.</p><p><img src=\"https://static.tigerbbs.com/1ef83ef0312ade8b04decacc1925384a\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/></p><p>MODN Stock EPS &amp; Revisions (Seeking Alpha Premium)</p><p>Following a record SaaS net dollar rate of 129% for its full year that ended September 30th, MODN President &amp; CEOJason Blessingsaid:</p><blockquote>&#34;At the start of the fiscal year, we set a target to exit the year at a 20% SaaS ARR growth rate, and I&#39;m pleased to report that we have exceeded this goal. SaaS revenue growth for the full year eclipsed 23% and accelerated throughout the year to 31% in Q4, up seven points from 24% just last quarter. One of the key drivers to our subscription growth has been the fact that Model N provides a high ROI mission-critical solution, which among other things, results in very strong renewal rates.&#34;</blockquote><p>With cloud computing top-of-mind, MODN is focused on transitioning more clients to this money-maker. Guidance remains strong, with the company consecutively exceeding the top-end of its projections. Subscription and professional services revenues were up $42.9M, and SaaS ARR climbed in Q4 to 31% over the last year, making a case for this quant Strong Buy-rated stock.</p><p>8. Harmonic Inc. (HLIT)</p><ul><li><p>Market Capitalization: $1.61B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 11 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 1 out of 51</p></li></ul><p>Since my last writing about this stock in November, it has gained +8% and has continued to be on an uptrend as Jeffries analyst upgrades it to a buy. Although Communications (XLC) was one of the worst-performing sectors of 2022 (-32.90%), Harmonic Inc., together with its subsidiaries, is a Communications Equipment company in the IT sector, offering video delivery software, products, and services for the streaming world.</p><p><img src=\"https://static.tigerbbs.com/33b52d375263bad7cf1dcdfa32884a8a\" tg-width=\"640\" tg-height=\"714\" referrerpolicy=\"no-referrer\"/></p><p>Streaming As Dominant TV Viewing (Nielsen Report)</p><p>Streaming is the dominant form of U.S. TV viewing, according to a July 2022 Nielsen report, and HLIT has managed to take advantage, gaining +32% over the last year. With over 5,000 media companies spread across the globe, HLIT provides next-gen technology that has allowed it to profit and grow.</p><p>HLIT Stock Growth and Profitability</p><p>Ten consecutive top-and-bottom-line earnings beat capitalizing on market trends and excellent business strategies. Harmonic Inc. reported Q3 EPS of $0.13, which beat by $0.03, and revenue of $155.74, which beat by nearly 24% Y/Y. Strong earnings and the popularity of streaming prompted the company to expand its customer footprint to Latin America, EMEA, and APAC, on the heels of high-profile live sporting events. Latin America has one of the fastest-growing streaming markets, so HLIT teamed with DirecTV GO to deliver ultra-fast services.</p><blockquote>&#34;Latin America is the second fastest-growing streaming market in the world, and we&#39;re excited to help DirecTV GO unlock the power of the cloud while delivering video content to more screens. As DirecTV GO expands its streaming service, our cloud SaaS platform will enable linear channel delivery reliably and at scale, ensuring the best linear experience for subscribers,&#34; saidDiego Scillama, VP of Video Sales and Services, Latin America, at Harmonic.</blockquote><p><img src=\"https://static.tigerbbs.com/d493c3bc17f31963ab409709aa1fda8a\" tg-width=\"613\" tg-height=\"403\" referrerpolicy=\"no-referrer\"/></p><p>HLIT Stock Growth Grade (SA Premium)</p><p>Responsible for 20% of Harmonic&#39;s growth figures, HLIT&#39;s video segment is a money-maker, along with its underlying SaaS +69% Y/Y, Cable Access, which produced $81.2M in revenue or +62% Y/Y. Tremendous results have led to a rise in full-year 2022 EBITDA guidance and six analysts&#39; FY1 Upward revisions over the last 90 days. By staying at the forefront of the market, Harmonic continues to meet consumer demand while trading at a relative discount.</p><p>Harmonic Inc. Valuation and Momentum</p><p>On a bullish trend with shares trading above their 200-day moving average, analysts call the stock overbought as investors actively purchase shares, driving the price higher. With a trailing PEG of 0.09x, a -84.14% difference to the sector, which is heavily weighted relative to its other underlying valuation metrics, the quant ratings indicate the stock is discounted. However, some prudence is required when investing in this stock at its current price, as it is trading near its 52-week high with room for improvement along other valuation metrics. Considering the overall fundamentals of Harmonic, which include A+ momentum, and A&#39;s for EPS Revisions and Growth, this stock is one to consider for a portfolio.</p><p>9. Sanmina Corporation (SANM)</p><ul><li><p>Market Capitalization: $3.37B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 16 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 1 out of 17</p></li></ul><p>Electric manufacturing services company Sanmina Corporation offers product designs, engineering, and repair for original equipment manufacturers (OEM). Using advanced technology, SANM provides end-to-end services for supply chain management and logistics in industries that include but are not limited to medical, communications, industrial, and defense &amp; aerospace. With impressive fourth-quarter performance that beat revenue and EPS expectations, SANM&#39;s growth and profitability look promising.</p><p>SANM Stock Growth &amp; Profitability</p><p>Amid a challenging macroeconomic environment, SANM delivered consistent and robust results that included margin expansion, strong cash flow, and an EPS of $1.50 that beat by $0.17 and revenue of $2.20B that beat by $191.40M (33.98% Y/Y).</p><p><img src=\"https://static.tigerbbs.com/09649de63fcf39bcd0516ef74e03aca7\" tg-width=\"640\" tg-height=\"351\" referrerpolicy=\"no-referrer\"/></p><p>SANM Stock EPS &amp; Revisions (SA Premium)</p><p>Showcasing consecutive earnings beats, five analysts revised earnings up within the last 90 days, reflecting an A+ revisions grade. Strong customer demand and relationships with suppliers have helped mitigate any challenges posed. Operating margins improved by 5.3%, and the company has nearly $1.4B of liquidity.</p><p>SANM Valuation &amp; Momentum</p><p>With a solid outlook and fundamentals, SANM possesses stellar valuation and bullish momentum. With a forward P/E ratio of 11.61x, a -52.53% difference to the sector, and EV/Sales of more than a -80% difference, Sanmina trades at an extreme discount. Up more than 48% over the last year and on a bullish trend, shares are above their 200-day moving average. As investors continue to pay higher prices for shares, and it trends higher, consider this stock for a portfolio, along with our final pick, Fabrinet.</p><p>10. Fabrinet (FN)</p><ul><li><p>Market Capitalization: $4.93B</p></li><li><p>Quant Rating: Strong Buy</p></li><li><p>Quant Sector Ranking (as of 1/12/23): 23 out of 659</p></li><li><p>Quant Industry Ranking (as of 1/12/23): 4 out of 17</p></li></ul><p>Headquartered in the Cayman Islands, Fabrinet specializes in precision optical packaging and electronic manufacturing services globally for some of the world&#39;s most demanding OEMs. In addition, FN offers engineering, supply chain management, testing, and integration services.</p><p>Quant-rated a strong buy, Fabrinet was recently given a favorable outlook by JP Morgan analystSamik Chatterjee, citing that &#34;we could see the scenario of (second-half 2023) growth appearing to be robust, helped by macro recovery and easier comps.&#34; Trading at a relative discount and possessing bullish momentum, let&#39;s dive into the figures.</p><p>Fabrinet Stock Valuation &amp; Momentum</p><p>At its current $134.72 per share, FN is trading at a relative discount. Although it&#39;s near its 52-week high of $136.08, trailing P/E of 22.77x and PEG of 0.59x indicate the stock is discounted compared to its sector peers. The company has made significant strides in 2022, as noted in the below chart, and its price performance since June of 2022.</p><p><i><b>FN Stock One-year price performance</b></i></p><p><img src=\"https://static.tigerbbs.com/b0f22482e8bd03e9e9046f77a1380fc1\" tg-width=\"640\" tg-height=\"182\" referrerpolicy=\"no-referrer\"/></p><p>FN Stock One-year price performance (SA Premium)</p><p>Up 12% over the last year, FN is continuing its bullish trend. With a 200-day moving average that is upwards-sloping, the stock is outperforming the S&amp;P 500 (-15.55%) and offers excellent grades for growth, profitability, and EPS revisions.</p><p>FN Growth &amp; Profitability</p><p>With improving profit margins and rapid growth, Fabrinet continues to showcase solid earrings. With consecutive top-and-bottom-line earnings beats, FN&#39;s recent Q1 2023 EPS of $1.97 beat by $0.23, and revenue of $655.43M beat by more than 20% Y/Y. With its diverse markets, seasoned management team, and strong client relationships, Fabrinet continues to demonstrate its track record of growth and profitability.</p><p><img src=\"https://static.tigerbbs.com/569329d0c936af87f91dc4de9d50bfae\" tg-width=\"640\" tg-height=\"416\" referrerpolicy=\"no-referrer\"/></p><p>Fabrinet Stock Consolidated Revenue (FN Stock&#39;s Q1 2023 investor presentation)</p><p>Although supply chain constraints and a slowdown in the economy could limit growth, strong demand trends are making the overall outlook optimistic. As Fabrinet Chief Executive Officer Seamus Grady said during the recent Earnings Call:</p><blockquote>&#34;Looking at the second quarter, we remain optimistic that strong demand trends will continue to drive growth both year-over-year and sequentially after factoring the additional week in the first quarter. We also remain confident that we can continue to realize incremental operating efficiencies as revenue grows faster than expenses. In summary, we had a strong first quarter with results that exceeded our guidance. We are optimistic about continued demand in our markets, and we&#39;re well-positioned to extend our track record of success as we look ahead.&#34;</blockquote><p>Despite economies anticipating a slowdown amid high inflation and geopolitical impact worldwide, each of my stock picks offers a unique risk-reward opportunity that is quite favorable. Consider each in creating a portfolio.</p><p><b>Conclusion</b></p><p>As investors look to the future and the Fed works to tame inflation, consider our top ten tech stocks, SMCI, TSM, AMKR, ON, ACLS, HIMX, MODN, HLIT, SANM, and FN, for the new year. These recommendations possess robust fundamentals - better than most of the beaten-down mega-tech stocks that were historically driving the Nasdaq and S&amp;P 500.</p></body></html>","source":"seekingalpha_fund","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>Top 10 Tech Stocks For 2023</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nTop 10 Tech Stocks For 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-15 11:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4569772-top-10-tech-stocks-for-2023><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe beaten-down tech sector ended 2022 with six consecutive quarters of declines, but 2023 could offer upside when the market recovers.In anticipation of a 2023 recession, a contrarian position...</p>\n\n<a href=\"https://seekingalpha.com/article/4569772-top-10-tech-stocks-for-2023\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑","TSM":"台积电","ACLS":"Axcelis科技设计公司","SANM":"新美亚电子","AMKR":"艾马克技术公司","HLIT":"谐波","FN":"Fabrinet","HIMX":"奇景光电","MODN":"Model N Inc.","ON":"安森美半导体"},"source_url":"https://seekingalpha.com/article/4569772-top-10-tech-stocks-for-2023","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135653023","content_text":"SummaryThe beaten-down tech sector ended 2022 with six consecutive quarters of declines, but 2023 could offer upside when the market recovers.In anticipation of a 2023 recession, a contrarian position of buying stocks in the beaten-down tech sector may be just the risk-reward you need to start the new year.We'll look at 10 Strong Buy tech stocks that have performed well during the 2022 downturn. The stocks have excellent fundamentals, and their bullish momentum indicates they could perform well.My 10 Top Tech Stocks possess forward EPS growth rates ranging from 20% to 118%, and eight have forward P/E ratios below 18x. All have solid profitability and excellent factor grades.Not one of our Strong Buy recommendations is a Mega Tech stock or FAANG. Our Quant Rating System provides powerful signals that separate the weak from the strong and can help investors minimize risk and maximize returns.Tech OptionsIt's not new news that the 2022 markets took investors and their portfolios on a rollercoaster ride. Technology was one of the worst-performing sectors (XLK) -24%, ending 2022 with six consecutive quarters of declines, as showcased in the below chart. And after poorer than expected earnings, slowing revenues, deteriorating profit margins, and slashing more than 154,000 jobs in 2022, many tech companies continue their plight.Six Consecutive Quarters of Tech DeclinesSix Quarters of Tech Declines (Bloomberg Finance)Uncertainty is looming in the first part of 2023 as an economic downturn seems likely, and companies take steps to reduce costs in anticipation of revenue declines. After the 33% decline in the Nasdaq 100, its worst showing since 2008, \"Analysts have already slashed revenue growth estimates for tech companies to 2.4% for 2023, versus a consensus projection of 5.4% just three months ago,\" according to Bloomberg Intelligence.Tech Sector Job Cuts Chart (Bloomberg)And although projections for 2023 earnings are expected to fall 2.2% versus the growth projection of 4.3%, as investors and the economy battle 40-year high inflation, consumers - and companies - will likely feel the pain.But then there's the latest 'Goldilocks' CPI reading that shows consumer prices rose 6.5% over the last 12 months, one of the slowest inflation rates in a year. Core inflation increased to 5.7%, and while it would appear that the Fed may downshift rate hikes, the outlook hasn't changed meaningfully from what it was one week ago. Inflation is trending down in line with expectations, which is neither good news nor bad news for tech stocks. This reading may be just right, giving the Fed a runway to downshift the rate of increase by an additional 25 basis points from the December 50-basis point hike in their upcoming meeting.CPI May Suggest 'Goldilocks' Economy (Bloomberg, Bureau of Labor Statistics)I'll reiterate, as I have in the past, \"Don't fight the Fed,\" which is why it's crucial to consider tools when investing that offer powerful cues when markets rotate from exuberance to confusion, limiting risk while maximizing returns.Seeking Alpha's Quant Ratings and Factor Grades Systemshowcases stocks with shared traits of value, growth, profitability, rising earnings revisions, and momentum that are best equipped to withstand volatility. It is a data-driven process that relies on the statistical measurement of a stock's financial metrics and scoring how it compares to the sector. I have selected ten tech stocks that have performed well in 2022, possess excellent factor scores, and maintain bullish momentum. While past performance is no guarantee of future results, check out our top ten tech stocks for 2023.10 Tech Stocks to Buy Despite Inflation and Potential Recession: Semiconductor and a MixSeven out of my top 10 stocks are semiconductors. Why? Because they are found in nearly every piece of technology used today. The semiconductor industry is on an uptick and has proven resilient when most of the tech sector was pummeled in 2022.Because a crucial piece of investing involves diversification, especially amid market volatility, and when selecting growth or tech stocks in a rising rate environment, my picks are unique. Not all are the largest in their respective industries, offering something different for each investor. Let's dive into my first semiconductor stock and my#1 pickoverall for 2023.1. Super Micro (NASDAQ:SMCI)Market Capitalization: $4.47BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 3 out of 659Quant Industry Ranking (as of 1/12/23): 2 out of 29Offering SuperStorage, SuperServers, advanced cloud, and Big Data solutions, Super Micro Computer, Inc. and its subsidiaries offer a broad range of products and services in the IT space. With a strong network of semiconductor manufacturing relationships, SMCI is becoming a global tech leader that offers diverse systems, designing the newest tech innovations to optimize products. In addition to its vast portfolio, SMCI is making strides for the environment through its \"green computing,\" which offers customers cost-friendly, more energy-efficient, and environmentally-friendly solutions while trading at an extreme discount.SMCI Stock Valuation & MomentumSMCI has been a resilient and top-performing stock in a beaten-down sector. Not only is it my top tech stock, I included SMCI in my Top 10 Stocks for 2023, and it was one of November's two Alpha Picks.Continuing to outperform the S&P 500 and Nasdaq, SMCI offers one of the best valuation frameworks in the IT sector. SMCI showcases a forward P/E ratio of 8.87x, a more than 62% difference to the sector, and a forward PEG of 0.28x, a -82.05% difference to its peers.SMCI Valuation Grade (Seeking Alpha Premium)In addition to its undervaluation on several metrics, Super Micro's bullish momentum in 2022 has continued into the new year. Quarterly momentum grades of A+ highlight the stock's significant price performance relative to the sector median, showing its strength, as evidenced by consecutive earnings beats.Super Micro Growth & ProfitabilityFollowing record revenue for the first quarter of FY2023, SMCI beat analyst expectations. With EPS of $3.42, which beat by $0.60, and revenue of $1.85B, which beat by $129.67M, sales surged 79% year-over-year.With goals of expanding its product portfolio by 25%, SMCI is focused on cost-cutting measures and maintaining a strong balance sheet to deliver year-over-year triple-digit percentage growth, superior to its competitors. SMCI's plug-and-play Rack-Scale Total IT solutions are a significant growth driver. Additionally, client strength, demand capacity, and its broad server and storage portfolio is helping drive results.SMCI vs Industry Growth Rate (SMCI Q123 Investor Presentation)Focused on Total IT Solutions, SMCI, and saving the planet, one server at a time and homes to become a $20B revenue company amid its addition to theS&P midcap 400 Index.2. Taiwan Semiconductor (NYSE:TSM)Market Capitalization: $409.42BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 6 out of 659Quant Industry Ranking (as of 1/12/23): 1 out of 66Despite a one-year decline of 35% and geopolitical risks, Taiwan Semiconductor is a chip stock that managed to withstand the substantial drawdowns that hurt other tech stocks in 2022. As the world's largest chip maker, having manufactured more than 12,300 products that include smartphones, automotive, and digital consumer electronics, although the semiconductor industry and fabrication can be very cyclical, TSM's bullish momentum continues to allow this stock to outperform. Taiwan Semiconductor has managed to maintain its pricing power in a popular industry while continuing to trade at a discount, all while garnering the interest of Warren Buffett, whose Berkshire Hathaway disclosed its $4.1B stake in November.TSM Stock Valuation & MomentumMomentum for TSM is bullish, showcasing a B- momentum grade and outperforming its sector peers quarterly. With a forward P/E ratio of 12.70x compared to the sector median of 24.11x and a forward PEG of 0.58x, Taiwan Semiconductor is undervalued substantially relative to its peers.TSM Valuation Grade (Seeking Alpha Premium)With plans toramp up production, TSM's growth and revenue projections look tremendous. Its YTD revenue of $53B is 105 times greater than its competitor Intel (INTC), and TSM's advantage over popular electronics rival Samsung looks promising. As fellow Seeking Alpha author Robert Castellano writes:\"TSMC's share of the foundry sector increased from 53.4% to 56.1%, while Samsung's share decreased from 16.4% to 15.5%. Intel's share increased from 0.36% to 0.46%, according to The Information Network's report entitled \"Hot ICs: A Market Analysis of Artificial Intelligence (\"AI\"), 5G, Automotive, and Memory Chips.\" While TSMC is #1 and Samsung #2 in the foundry market, Intel's acquisition of Tower in 2023 will move INTC to #7 just behind Huahong.\"TSM Stock Profitability Grade (Seeking Alpha Premium)With consecutive top-and-bottom-line earnings beats, TSM's reported solid earnings for Q4. Despite revenue of $20.55B missing, EPS of $1.82 beat by $0.07, the markets seemed to be unfazed by the revenue figures, as the stock rose nearly 6% after the market open. With more than $47B in cash and A+ profitability, TSM is a stock worth considering for portfolios in 2023.3. Amkor Technology (AMKR)Market Capitalization: $7.18BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 6 out of 659Quant Industry Ranking (as of 1/12/23): 3 out of 29Another quant rated strong buy rated IT company involved with semiconductors is Amkor Technology. AMKR is a leader in integrating memory and storage for computing and automotive products, offering flip-chip solutions, including turnkey packaging for smartphones, tablets, and other mobile devices. On an uptrend following stellar Q3 earnings, the stock is trading near its 52-week high but still offers upside potential given the demand for Big Data and chips, which is why I've selected it as one of my top 10 tech stocks.AMKR Stock Valuation & MomentumAMKR is trading at a premium, given its D+ overall Valuation grade. But, the majority of its underlying metrics come at an extreme discount. Showcasing a forward P/E ratio of 9.32x, a -61.34% difference to the sector, and a trailing PEG of 0.19x versus the sector 0.65x, a -71% difference, AMKR offers some value as well as bullish momentum.AMKR Valuation Grade (Seeking Alpha Premium)As evidenced in its performance over the last year, +22.84%, AMKR is strongly bullish. Its quarterly price performance significantly outperforms its sector peers, so much that many analysts call the stock overbought as investors continue to actively purchase shares, driving its price higher. With a Q3 2022 EPS of $1.24 that beat by $0.31 and revenue of $2.08B that beat nearly 24% year-over-year despite macroeconomic headwinds, AMKR continues to grow. Its advanced packaging technology made up nearly 80% of its Q3 business. As its CEO,Giel Rutten, stated, \"Amkor continues executing on its strategy to leverage a leadership position in advanced packaging and its broad geographical footprint to capitalize on the industry megatrends of 5G, IoT, automotive, and high-performance computing.\"4. ON Semiconductor Corporation (NASDAQ: ON)Market Capitalization: $27.79BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 16 out of 659Quant Industry Ranking (as of 1/12/23): 4 out of 29Headquartered in Phoenix, Arizona, this semiconductor stock has been one of my favorites for a while. Offering premier intelligent technology for automotive, industrial, and 5G cloud power, ON Semiconductor is paving the way for global lighter and longer-range systems. With tremendous earnings growth, EPS, and fundamentals, consider this stock for a portfolio, especially as it trades at a discount.ON Semiconductor Stock Valuation & MomentumDespite geopolitical and supply pressures within the semiconductor industry, and a downgrade by investment firm William Blair to start the new year, ON continues to advance. With a current B- Valuation Grade, Onsemi is more attractive than its sector by more than 36%, at a forward P/E of 15.29x. Its A+ forward PEG 0.67x indicates its great value.ON Valuation Grade (Seeking Alpha Premium)On a longer-term uptrend, ON shares are trading above the 200-day moving average, with investors paying higher prices for shares. Showcasing a quarterly price performance for six- and nine-months substantially better than its sector peers, it's no surprise given the tremendous growth and profitability the company has displayed.ON Growth & ProfitabilityON's increases in revenue can be attributed to its tremendous growth on the heels of high demand in the core end markets of auto and industrial.ON Revenue by End-Market Illustration (Onsemi Q3 2022 Investor Presentation)The two markets collectively made up 68% of revenue, up 40.4% in Q3 2022 compared to the same period in 2021. In addition to an EPS of $1.45 that beat by $0.14 and record revenue of $2.19B, ON's strategy continues to drive its long-term growth plans while reducing the volatility in its business, all while expanding market share.5. Axcelis Technologies, Inc. (ACLS)Market Capitalization: $3.14BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 6 out of 659Quant Industry Ranking (as of 1/12/23): 3 out of 29Capitalizing on semiconductor innovation, Axcelis Technologies, Inc. designs, manufactures, and services ion implantation in the fabrication of chips around the world. Currency and geopolitical risks have affected the industry in general. Still, ACLS has gained amid high demand and outperformed the overall semiconductor industry and S&P 500 over the last year, as evidenced in the chart below, while managing to trade at a discount.ACLS Significantly outperformed SPY & SMH (1-year price performance)ACLS Significantly outperformed SPY & SMH (1-year price performance) (TradingView, SA Premium)ACLS Stock Valuation & MomentumDespite trading near its 52-week high of $97.43 per share, ACLS is undervalued. Forward P/E of 18.34x is a -24.98% difference to the sector 24.45x, and its forward PEG of 0.92x is more than -40%. With bullish momentum showcasing substantial quarterly price-performance beats, analysts call the stock overbought as shares are actively being purchased and the 200-day moving average is upward sloping. In anticipation of Q4 revenues exceeding $250M, above its previous guidance of approximately $232M to $240M, Axcelis raises Q4 guidance, indicating solid growth and profitability anticipated.ACLS Growth & ProfitabilityExpecting to achieve nearly $1B in revenue over the next few years on the heels of growth drivers like the electrification of automobiles and advancements in communications technology. ACLS's targeting of specific markets has helped advance its revenues.ACLS Targeted Market Segments (ACLS November 2022 Investor Presentation)With its Q3 2022 earnings showcasing top-and-bottom-line beats for the 12th consecutive reporting, it should be no surprise that analysts are revising up and that I selected this stock as one of the top 10 for 2023. EPS of $1.21 beat by $0.06, and revenue of $229.18M beat by nearly 30% Y/Y. With Q3 gross margins of 45.1%, well above guidance, and a backlog and strong consumer demand into 2023, Axcelis is well positioned to grow, according to President & CEOMary Puma, despite an anticipated slowdown in the industry for 2023.6. Himax Technologies, Inc. (HIMX)Market Capitalization: $1.25BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 17 out of 659Quant Industry Ranking (as of 1/12/23): 4 out of 29My final semiconductor stock pick is Himax Technologies, Inc., a small-cap semiconductor company expected to exceed Q4 guidance. Headquartered in Taiwan, Himax is a fabless semiconductor company, meaning that it designs and sells the hardware for chips, but doesn't manufacture the actual wafer or chip itself.Himax Stock Valuation & MomentumTrading at an extreme discount, Himax possesses an A+ valuation grade, showcasing a forward P/E ratio of 5.47x, a -77.64 difference to the sector, and forward metrics like EV/Sales (1.23x) and EV/EBITDA 5.18x also at extremely discounted levels.HIMX Stock Valuation Grade (SA Premium )Despite achallenging political environmentbetween the nations of Taiwan and China, coupled with the U.S. imposing restrictions on the exporting of semiconductors, Taiwan continues to be the leading chip market. Bullish momentum continues pushing Himax on an uptrend, with analysts calling the stock overbought as its price rises. With demand persisting for the industry and positive guidance anticipated, 2023 could spell tremendous results for Himax's profits and growth.Himax Stock Growth & ProfitabilityWith over 3,000 active patents and a dominant force in the automotive industry, Himax's Q3 earnings showcased an EPS of $0.17, beating by $0.09, with revenue of $213.63, beating by $14.81M. HIMX had better-than-expected sales, and the company implemented greater inventory control measures in anticipation of a slowdown. Representing more than 35% of sales was HIMX's auto business, HIMX offers a diversified mix of products which includes imaging and 3D technologies. With plans to introduce an ultralow power Ai batter-operated surveillance camera, HIMX is looking toward the future, and as Himax President & CEO,Jordan Wu said,\"Partnering with Novatek is a win-win as it allows us to leverage each other's strength in AI. In addition to both parties' collective years of know-how on panel display and in the emerging enormous AI fields, it also allows us to jointly engage with multiple global vendors for their next-generation product launches…We are proud to be at the forefront of innovation, bringing our WiseEye, embedded with proprietary pre-roll functionality and smart image sensing to lower device power consumption while improving system security and overall user experience at the same time.\"Consider Himax for a portfolio, along with the next stock pick, inApplication Software.7. Model N, Inc. (MODN)Market Capitalization: $1.55BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 24 out of 659Quant Industry Ranking (as of 1/12/23): 2 out of 213Offering cloud revenue management solutions to help minimize overpayments and risks involved in payment processing, Model N, Inc.'s business model is helping curb the price erosion of products for high-tech and life science companies. By implementing artificial intelligent controls, MODN can control price concessions for deals, and its revenue solutions utilize enterprise resource planning (ERP) and customer relationship management (CRM) to maximize workflows to help grow revenue.Model N, Inc. Bullish 1-Year Price PerformanceModel N, Inc. Bullish 1-Year Price Performance (SA Premium)As showcased by its one-year price performance, MODN is on an uptrend, +46%, while also trading at a relative discount. Let's dive into the figures.MODN Stock Valuation & MomentumMODN has strongly bullish momentum with an A+ grade, as its 200- and the 10-day moving average is rising. One of the few tech stocks that experienced a rise in share price in 2022, MODN is trading near its 52-week high of $42.45 per share. Despite this, the stock still is relatively undervalued, posting a C+ valuation grade. Despite less-than-ideal underlying valuation metrics, MODN's earnings continue to impress, an indication that there may be continued upside with this stock offering solid overall fundamentals, including growth and profitability.MODN Growth & ProfitabilitySeven analysts have revised estimates amid tremendous earnings in the last 90 days, bringing its recent B+revisions gradeup to a solid 'A.' Model N's Q4 2022 EPS of $0.20 beat by $0.01, and revenue of $58.17M beat by $1.79M, a year-over-year increase of 13%.MODN Stock EPS & Revisions (Seeking Alpha Premium)Following a record SaaS net dollar rate of 129% for its full year that ended September 30th, MODN President & CEOJason Blessingsaid:\"At the start of the fiscal year, we set a target to exit the year at a 20% SaaS ARR growth rate, and I'm pleased to report that we have exceeded this goal. SaaS revenue growth for the full year eclipsed 23% and accelerated throughout the year to 31% in Q4, up seven points from 24% just last quarter. One of the key drivers to our subscription growth has been the fact that Model N provides a high ROI mission-critical solution, which among other things, results in very strong renewal rates.\"With cloud computing top-of-mind, MODN is focused on transitioning more clients to this money-maker. Guidance remains strong, with the company consecutively exceeding the top-end of its projections. Subscription and professional services revenues were up $42.9M, and SaaS ARR climbed in Q4 to 31% over the last year, making a case for this quant Strong Buy-rated stock.8. Harmonic Inc. (HLIT)Market Capitalization: $1.61BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 11 out of 659Quant Industry Ranking (as of 1/12/23): 1 out of 51Since my last writing about this stock in November, it has gained +8% and has continued to be on an uptrend as Jeffries analyst upgrades it to a buy. Although Communications (XLC) was one of the worst-performing sectors of 2022 (-32.90%), Harmonic Inc., together with its subsidiaries, is a Communications Equipment company in the IT sector, offering video delivery software, products, and services for the streaming world.Streaming As Dominant TV Viewing (Nielsen Report)Streaming is the dominant form of U.S. TV viewing, according to a July 2022 Nielsen report, and HLIT has managed to take advantage, gaining +32% over the last year. With over 5,000 media companies spread across the globe, HLIT provides next-gen technology that has allowed it to profit and grow.HLIT Stock Growth and ProfitabilityTen consecutive top-and-bottom-line earnings beat capitalizing on market trends and excellent business strategies. Harmonic Inc. reported Q3 EPS of $0.13, which beat by $0.03, and revenue of $155.74, which beat by nearly 24% Y/Y. Strong earnings and the popularity of streaming prompted the company to expand its customer footprint to Latin America, EMEA, and APAC, on the heels of high-profile live sporting events. Latin America has one of the fastest-growing streaming markets, so HLIT teamed with DirecTV GO to deliver ultra-fast services.\"Latin America is the second fastest-growing streaming market in the world, and we're excited to help DirecTV GO unlock the power of the cloud while delivering video content to more screens. As DirecTV GO expands its streaming service, our cloud SaaS platform will enable linear channel delivery reliably and at scale, ensuring the best linear experience for subscribers,\" saidDiego Scillama, VP of Video Sales and Services, Latin America, at Harmonic.HLIT Stock Growth Grade (SA Premium)Responsible for 20% of Harmonic's growth figures, HLIT's video segment is a money-maker, along with its underlying SaaS +69% Y/Y, Cable Access, which produced $81.2M in revenue or +62% Y/Y. Tremendous results have led to a rise in full-year 2022 EBITDA guidance and six analysts' FY1 Upward revisions over the last 90 days. By staying at the forefront of the market, Harmonic continues to meet consumer demand while trading at a relative discount.Harmonic Inc. Valuation and MomentumOn a bullish trend with shares trading above their 200-day moving average, analysts call the stock overbought as investors actively purchase shares, driving the price higher. With a trailing PEG of 0.09x, a -84.14% difference to the sector, which is heavily weighted relative to its other underlying valuation metrics, the quant ratings indicate the stock is discounted. However, some prudence is required when investing in this stock at its current price, as it is trading near its 52-week high with room for improvement along other valuation metrics. Considering the overall fundamentals of Harmonic, which include A+ momentum, and A's for EPS Revisions and Growth, this stock is one to consider for a portfolio.9. Sanmina Corporation (SANM)Market Capitalization: $3.37BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 16 out of 659Quant Industry Ranking (as of 1/12/23): 1 out of 17Electric manufacturing services company Sanmina Corporation offers product designs, engineering, and repair for original equipment manufacturers (OEM). Using advanced technology, SANM provides end-to-end services for supply chain management and logistics in industries that include but are not limited to medical, communications, industrial, and defense & aerospace. With impressive fourth-quarter performance that beat revenue and EPS expectations, SANM's growth and profitability look promising.SANM Stock Growth & ProfitabilityAmid a challenging macroeconomic environment, SANM delivered consistent and robust results that included margin expansion, strong cash flow, and an EPS of $1.50 that beat by $0.17 and revenue of $2.20B that beat by $191.40M (33.98% Y/Y).SANM Stock EPS & Revisions (SA Premium)Showcasing consecutive earnings beats, five analysts revised earnings up within the last 90 days, reflecting an A+ revisions grade. Strong customer demand and relationships with suppliers have helped mitigate any challenges posed. Operating margins improved by 5.3%, and the company has nearly $1.4B of liquidity.SANM Valuation & MomentumWith a solid outlook and fundamentals, SANM possesses stellar valuation and bullish momentum. With a forward P/E ratio of 11.61x, a -52.53% difference to the sector, and EV/Sales of more than a -80% difference, Sanmina trades at an extreme discount. Up more than 48% over the last year and on a bullish trend, shares are above their 200-day moving average. As investors continue to pay higher prices for shares, and it trends higher, consider this stock for a portfolio, along with our final pick, Fabrinet.10. Fabrinet (FN)Market Capitalization: $4.93BQuant Rating: Strong BuyQuant Sector Ranking (as of 1/12/23): 23 out of 659Quant Industry Ranking (as of 1/12/23): 4 out of 17Headquartered in the Cayman Islands, Fabrinet specializes in precision optical packaging and electronic manufacturing services globally for some of the world's most demanding OEMs. In addition, FN offers engineering, supply chain management, testing, and integration services.Quant-rated a strong buy, Fabrinet was recently given a favorable outlook by JP Morgan analystSamik Chatterjee, citing that \"we could see the scenario of (second-half 2023) growth appearing to be robust, helped by macro recovery and easier comps.\" Trading at a relative discount and possessing bullish momentum, let's dive into the figures.Fabrinet Stock Valuation & MomentumAt its current $134.72 per share, FN is trading at a relative discount. Although it's near its 52-week high of $136.08, trailing P/E of 22.77x and PEG of 0.59x indicate the stock is discounted compared to its sector peers. The company has made significant strides in 2022, as noted in the below chart, and its price performance since June of 2022.FN Stock One-year price performanceFN Stock One-year price performance (SA Premium)Up 12% over the last year, FN is continuing its bullish trend. With a 200-day moving average that is upwards-sloping, the stock is outperforming the S&P 500 (-15.55%) and offers excellent grades for growth, profitability, and EPS revisions.FN Growth & ProfitabilityWith improving profit margins and rapid growth, Fabrinet continues to showcase solid earrings. With consecutive top-and-bottom-line earnings beats, FN's recent Q1 2023 EPS of $1.97 beat by $0.23, and revenue of $655.43M beat by more than 20% Y/Y. With its diverse markets, seasoned management team, and strong client relationships, Fabrinet continues to demonstrate its track record of growth and profitability.Fabrinet Stock Consolidated Revenue (FN Stock's Q1 2023 investor presentation)Although supply chain constraints and a slowdown in the economy could limit growth, strong demand trends are making the overall outlook optimistic. As Fabrinet Chief Executive Officer Seamus Grady said during the recent Earnings Call:\"Looking at the second quarter, we remain optimistic that strong demand trends will continue to drive growth both year-over-year and sequentially after factoring the additional week in the first quarter. We also remain confident that we can continue to realize incremental operating efficiencies as revenue grows faster than expenses. In summary, we had a strong first quarter with results that exceeded our guidance. We are optimistic about continued demand in our markets, and we're well-positioned to extend our track record of success as we look ahead.\"Despite economies anticipating a slowdown amid high inflation and geopolitical impact worldwide, each of my stock picks offers a unique risk-reward opportunity that is quite favorable. Consider each in creating a portfolio.ConclusionAs investors look to the future and the Fed works to tame inflation, consider our top ten tech stocks, SMCI, TSM, AMKR, ON, ACLS, HIMX, MODN, HLIT, SANM, and FN, for the new year. These recommendations possess robust fundamentals - better than most of the beaten-down mega-tech stocks that were historically driving the Nasdaq and S&P 500.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920639757,"gmtCreate":1670474195980,"gmtModify":1676538376267,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920639757","repostId":"2289433482","repostType":2,"repost":{"id":"2289433482","kind":"highlight","pubTimestamp":1670468001,"share":"https://ttm.financial/m/news/2289433482?lang=&edition=fundamental","pubTime":"2022-12-08 10:53","market":"us","language":"en","title":"2 FAANG Stocks Billionaires Are Buying Hand Over Fist in a Nasdaq Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2289433482","media":"Motley Fool","summary":"Some wealthy hedge fund managers have been buying FAANG stocks throughout the year.","content":"<html><head></head><body><p>This year has been tough for investors, to put it mildly. The <b>Nasdaq Composite</b> nosedived into the worst bear market of the decade, and the tech-heavy index is currently 30% off its high. But some billionaire hedge fund managers bought stocks throughout the downturn.</p><p>For instance, Steven Cohen of Point72 Asset Management aggressively scooped up shares of <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, growing his position 14-fold since the end of 2021. Amazon is now his 11th-largest holding out of more than 1,300 stocks. Meanwhile, Chris Hohn of TCI Fund Management is investing hand over fist in <b>Alphabet</b> (GOOG) (GOOGL -2.51%), increasing his position 19-fold since the end of 2021. Alphabet is now his largest holding, and it accounts for more than 23% of his portfolio.</p><p>Those large purchases suggest a high degree of confidence. Is it time to buy these two FAANG stocks?</p><h2>1. <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>: The market leader in cloud computing</h2><p>Amazon struggled this year. The prices of fuel and electricity skyrocketed for part of the year, putting pressure on its logistics business and data center operations. Those challenges, coupled with an inflation-driven deceleration in discretionary spending, helped chew into its profit margin. Third-quarter revenue rose 15% year over year to $127 billion, but earnings dropped 10% to $0.28 per diluted share.</p><p>Unfortunately, Amazon will probably continue to struggle in the near term, but the bull case for long-term investors is still crystal clear. First, Amazon operates the most popular e-commerce marketplace in the world, and online shopping will only become more prevalent in the future. In fact, global retail e-commerce sales will increase 9% annually to surpass $8 trillion by 2026, according to eMarketer.</p><p>Second, Amazon Web Services (AWS) is the gold standard in cloud computing. IT research company <b>Gartner </b>named AWS the leader in cloud infrastructure and platform services (CIPS) for 12 consecutive years, and Gartner recently said AWS holds twice as much market share as the next closest vendor, <b>Microsoft</b> Azure. That should be a big tailwind for Amazon in the coming years, as the cloud computing market will grow at 20% annually to reach $1.7 trillion by 2029, according to Fortune Business Insights.</p><p>Third, Amazon parlayed the popularity of its marketplace into a thriving advertising business. The company now ranks as the fourth-largest advertiser in the world, and it nearly led the world in total ad revenue growth last year, according to eMarketer. That positions Amazon for future growth. Global digital ad spend is expected to increase at 10% annually to reach $876 billion by 2026.</p><p>The last dynamic to consider is profitability. Cloud computing and digital advertising -- the two fastest-growing segments of Amazon&#39;s business -- come with much higher margins than retail, meaning investors should expect earnings growth to outpace revenue growth in the coming years.</p><p>Shares currently trade at 84 times earnings. That multiple is in line with the three-year average, but it could come down in a hurry as Amazon continues to grow its cloud computing and advertising businesses. That creates an attractive buying opportunity for patient investors.</p><h2>2. <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a>: The largest advertiser in the world</h2><p>Like Amazon, Alphabet battled economic headwinds throughout the year. Weak consumer spending caused brands to cut advertising budgets, and unfavorable foreign exchange rates further blunted growth. Third-quarter revenue rose just 6% year over year to $69 billion (or 11% in constant currency), while earnings dropped 24% to $1.06 per diluted share.</p><p>That said, the long-term investment thesis is unaffected by temporary economic turbulence. Alphabet is best known for Google, a business with so much brand authority among search engines that it might as well be the gateway to the internet. That competitive advantage has propelled Google to the top of the advertising industry. Better yet, Google accounted for 38% of global growth in digital ad spend in 2021, extending its lead over <b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b> (the second-biggest advertiser in the world) to its greatest point since 2016, according to eMarketer.</p><p>Alphabet also carved out a strong presence in cloud computing. Google Cloud Platform (GCP) currently ranks a distant third in cloud infrastructure market share, but Gartner recently noted that &#34;GCP had both the highest percentage of revenue gains and improvements&#34; across critical CIPS capabilities of any provider during the past year. That puts GCP on track to gain market share in the future.</p><p>Looking ahead, the bull case is clear: As a key player in digital advertising and cloud computing, two large and expanding markets, Alphabet is well positioned to grow. As a result, I share hedge fund manager Chris Hohn&#39;s optimistic outlook. With shares of Alphabet trading at 4.7 times sales -- a discount to the five-year average of 6.5 times sales -- investors should consider buying this growth stock today.</p></body></html>","source":"fool_stock","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>2 FAANG Stocks Billionaires Are Buying Hand Over Fist in a Nasdaq Bear Market</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n2 FAANG Stocks Billionaires Are Buying Hand Over Fist in a Nasdaq Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/07/2-faang-stocks-billionaires-buy-nasdaq-bear-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year has been tough for investors, to put it mildly. The Nasdaq Composite nosedived into the worst bear market of the decade, and the tech-heavy index is currently 30% off its high. But some ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/07/2-faang-stocks-billionaires-buy-nasdaq-bear-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AMZN":"亚马逊","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/12/07/2-faang-stocks-billionaires-buy-nasdaq-bear-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289433482","content_text":"This year has been tough for investors, to put it mildly. The Nasdaq Composite nosedived into the worst bear market of the decade, and the tech-heavy index is currently 30% off its high. But some billionaire hedge fund managers bought stocks throughout the downturn.For instance, Steven Cohen of Point72 Asset Management aggressively scooped up shares of Amazon, growing his position 14-fold since the end of 2021. Amazon is now his 11th-largest holding out of more than 1,300 stocks. Meanwhile, Chris Hohn of TCI Fund Management is investing hand over fist in Alphabet (GOOG) (GOOGL -2.51%), increasing his position 19-fold since the end of 2021. Alphabet is now his largest holding, and it accounts for more than 23% of his portfolio.Those large purchases suggest a high degree of confidence. Is it time to buy these two FAANG stocks?1. Amazon: The market leader in cloud computingAmazon struggled this year. The prices of fuel and electricity skyrocketed for part of the year, putting pressure on its logistics business and data center operations. Those challenges, coupled with an inflation-driven deceleration in discretionary spending, helped chew into its profit margin. Third-quarter revenue rose 15% year over year to $127 billion, but earnings dropped 10% to $0.28 per diluted share.Unfortunately, Amazon will probably continue to struggle in the near term, but the bull case for long-term investors is still crystal clear. First, Amazon operates the most popular e-commerce marketplace in the world, and online shopping will only become more prevalent in the future. In fact, global retail e-commerce sales will increase 9% annually to surpass $8 trillion by 2026, according to eMarketer.Second, Amazon Web Services (AWS) is the gold standard in cloud computing. IT research company Gartner named AWS the leader in cloud infrastructure and platform services (CIPS) for 12 consecutive years, and Gartner recently said AWS holds twice as much market share as the next closest vendor, Microsoft Azure. That should be a big tailwind for Amazon in the coming years, as the cloud computing market will grow at 20% annually to reach $1.7 trillion by 2029, according to Fortune Business Insights.Third, Amazon parlayed the popularity of its marketplace into a thriving advertising business. The company now ranks as the fourth-largest advertiser in the world, and it nearly led the world in total ad revenue growth last year, according to eMarketer. That positions Amazon for future growth. Global digital ad spend is expected to increase at 10% annually to reach $876 billion by 2026.The last dynamic to consider is profitability. Cloud computing and digital advertising -- the two fastest-growing segments of Amazon's business -- come with much higher margins than retail, meaning investors should expect earnings growth to outpace revenue growth in the coming years.Shares currently trade at 84 times earnings. That multiple is in line with the three-year average, but it could come down in a hurry as Amazon continues to grow its cloud computing and advertising businesses. That creates an attractive buying opportunity for patient investors.2. Alphabet: The largest advertiser in the worldLike Amazon, Alphabet battled economic headwinds throughout the year. Weak consumer spending caused brands to cut advertising budgets, and unfavorable foreign exchange rates further blunted growth. Third-quarter revenue rose just 6% year over year to $69 billion (or 11% in constant currency), while earnings dropped 24% to $1.06 per diluted share.That said, the long-term investment thesis is unaffected by temporary economic turbulence. Alphabet is best known for Google, a business with so much brand authority among search engines that it might as well be the gateway to the internet. That competitive advantage has propelled Google to the top of the advertising industry. Better yet, Google accounted for 38% of global growth in digital ad spend in 2021, extending its lead over Meta Platforms (the second-biggest advertiser in the world) to its greatest point since 2016, according to eMarketer.Alphabet also carved out a strong presence in cloud computing. Google Cloud Platform (GCP) currently ranks a distant third in cloud infrastructure market share, but Gartner recently noted that \"GCP had both the highest percentage of revenue gains and improvements\" across critical CIPS capabilities of any provider during the past year. That puts GCP on track to gain market share in the future.Looking ahead, the bull case is clear: As a key player in digital advertising and cloud computing, two large and expanding markets, Alphabet is well positioned to grow. As a result, I share hedge fund manager Chris Hohn's optimistic outlook. With shares of Alphabet trading at 4.7 times sales -- a discount to the five-year average of 6.5 times sales -- investors should consider buying this growth stock today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967440764,"gmtCreate":1670373058858,"gmtModify":1676538354037,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9967440764","repostId":"2289510826","repostType":2,"repost":{"id":"2289510826","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1670372255,"share":"https://ttm.financial/m/news/2289510826?lang=&edition=fundamental","pubTime":"2022-12-07 08:17","market":"us","language":"en","title":"TSMC Sees $10 Bln in Annual Revenue From Arizona Chip Plants","url":"https://stock-news.laohu8.com/highlight/detail?id=2289510826","media":"Reuters","summary":"Taiwan chipmaker TSMC plans to build a second chip plant in Arizona and more than triple its initial","content":"<html><head></head><body><p>Taiwan chipmaker TSMC plans to build a second chip plant in Arizona and more than triple its initial investment to $40 billion, estimating on Tuesday annual revenue of $10 billion from the plants when they are up and running.</p><p>The foreign investment by Taiwan Semiconductor Manufacturing Co, the world&#39;s biggest chip contract manufacturer, is one of the largest in U.S. history.</p><p>The first chip fabrication facility, or fab, will be operational by 2024 while the second facility nearby will make the most advanced chips currently in production, called &#34;3 nanometer,&#34; by 2026.</p><p>U.S. President Joe Biden and others, including the CEOs of major TSMC customers, attended an opening ceremony for the new $12 billion facility in an arid and barren part of northern Phoenix.</p><p>&#34;When completed with both fabs, we will manufacture over 600,000 wafers a year, representing $10 billion in yearly revenue,&#34; said TSMC Chairman Mark Liu, adding that customers using those chips would have annual sales of over $40 billion. A wafer is the shiny disc that chips are made on.</p><p>Liu said the two plants will create 13,000 high-paying tech jobs, including 4,500 under TSMC and the rest filled by suppliers.</p><p>Apple Inc, Nvidia Corp, and Advanced Micro Devices Inc, all major TSMC customers, said they expected their chips to be made in the new Arizona plants.</p><p>&#34;We work with TSMC to manufacture the chips that help power our products all over the world. And we look forward to expanding this work in the years to come as TSMC forms new and deeper roots in America,&#34; said Apple CEO Tim Cook.</p><p>&#34;AMD expects to be a big customer, of both fabs and we&#39;re committed to working closely with TSMC and the entire ecosystem,&#34; said AMD CEO Lisa Su.</p><p>At least a dozen major cranes are still set up around the first factory which is dubbed Fab 21.</p><p>Against the background of the new factory draped with an American flag and a banner reading &#34;A Future Made in America Phoenix, AZ,&#34; top executives led by TSMC founder Morris Chang, 91, toasted the factory opening with sparkling wine.</p><p>Nearly 600 engineers hired in Arizona have been sent to Taiwan for training, Chang said. &#34;This is a very good sign that my dream of 25 years ago will now be fulfilled,&#34; he said of his wish to build fabs in the United States.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nTSMC Sees $10 Bln in Annual Revenue From Arizona Chip Plants\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-07 08:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Taiwan chipmaker TSMC plans to build a second chip plant in Arizona and more than triple its initial investment to $40 billion, estimating on Tuesday annual revenue of $10 billion from the plants when they are up and running.</p><p>The foreign investment by Taiwan Semiconductor Manufacturing Co, the world&#39;s biggest chip contract manufacturer, is one of the largest in U.S. history.</p><p>The first chip fabrication facility, or fab, will be operational by 2024 while the second facility nearby will make the most advanced chips currently in production, called &#34;3 nanometer,&#34; by 2026.</p><p>U.S. President Joe Biden and others, including the CEOs of major TSMC customers, attended an opening ceremony for the new $12 billion facility in an arid and barren part of northern Phoenix.</p><p>&#34;When completed with both fabs, we will manufacture over 600,000 wafers a year, representing $10 billion in yearly revenue,&#34; said TSMC Chairman Mark Liu, adding that customers using those chips would have annual sales of over $40 billion. A wafer is the shiny disc that chips are made on.</p><p>Liu said the two plants will create 13,000 high-paying tech jobs, including 4,500 under TSMC and the rest filled by suppliers.</p><p>Apple Inc, Nvidia Corp, and Advanced Micro Devices Inc, all major TSMC customers, said they expected their chips to be made in the new Arizona plants.</p><p>&#34;We work with TSMC to manufacture the chips that help power our products all over the world. And we look forward to expanding this work in the years to come as TSMC forms new and deeper roots in America,&#34; said Apple CEO Tim Cook.</p><p>&#34;AMD expects to be a big customer, of both fabs and we&#39;re committed to working closely with TSMC and the entire ecosystem,&#34; said AMD CEO Lisa Su.</p><p>At least a dozen major cranes are still set up around the first factory which is dubbed Fab 21.</p><p>Against the background of the new factory draped with an American flag and a banner reading &#34;A Future Made in America Phoenix, AZ,&#34; top executives led by TSMC founder Morris Chang, 91, toasted the factory opening with sparkling wine.</p><p>Nearly 600 engineers hired in Arizona have been sent to Taiwan for training, Chang said. &#34;This is a very good sign that my dream of 25 years ago will now be fulfilled,&#34; he said of his wish to build fabs in the United States.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","TSM":"台积电"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289510826","content_text":"Taiwan chipmaker TSMC plans to build a second chip plant in Arizona and more than triple its initial investment to $40 billion, estimating on Tuesday annual revenue of $10 billion from the plants when they are up and running.The foreign investment by Taiwan Semiconductor Manufacturing Co, the world's biggest chip contract manufacturer, is one of the largest in U.S. history.The first chip fabrication facility, or fab, will be operational by 2024 while the second facility nearby will make the most advanced chips currently in production, called \"3 nanometer,\" by 2026.U.S. President Joe Biden and others, including the CEOs of major TSMC customers, attended an opening ceremony for the new $12 billion facility in an arid and barren part of northern Phoenix.\"When completed with both fabs, we will manufacture over 600,000 wafers a year, representing $10 billion in yearly revenue,\" said TSMC Chairman Mark Liu, adding that customers using those chips would have annual sales of over $40 billion. A wafer is the shiny disc that chips are made on.Liu said the two plants will create 13,000 high-paying tech jobs, including 4,500 under TSMC and the rest filled by suppliers.Apple Inc, Nvidia Corp, and Advanced Micro Devices Inc, all major TSMC customers, said they expected their chips to be made in the new Arizona plants.\"We work with TSMC to manufacture the chips that help power our products all over the world. And we look forward to expanding this work in the years to come as TSMC forms new and deeper roots in America,\" said Apple CEO Tim Cook.\"AMD expects to be a big customer, of both fabs and we're committed to working closely with TSMC and the entire ecosystem,\" said AMD CEO Lisa Su.At least a dozen major cranes are still set up around the first factory which is dubbed Fab 21.Against the background of the new factory draped with an American flag and a banner reading \"A Future Made in America Phoenix, AZ,\" top executives led by TSMC founder Morris Chang, 91, toasted the factory opening with sparkling wine.Nearly 600 engineers hired in Arizona have been sent to Taiwan for training, Chang said. \"This is a very good sign that my dream of 25 years ago will now be fulfilled,\" he said of his wish to build fabs in the United States.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967648313,"gmtCreate":1670324023433,"gmtModify":1676538344161,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Let's play!","listText":"Let's play!","text":"Let's play!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9967648313","isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965888835,"gmtCreate":1669935963428,"gmtModify":1676538271833,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965888835","repostId":"2288761626","repostType":2,"repost":{"id":"2288761626","kind":"highlight","pubTimestamp":1669907573,"share":"https://ttm.financial/m/news/2288761626?lang=&edition=fundamental","pubTime":"2022-12-01 23:12","market":"us","language":"en","title":"2 Top Semiconductor Stocks to Buy Hand Over Fist Before 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2288761626","media":"Motley Fool","summary":"These chipmakers have started rallying, and they could head higher in the new year thanks to notable catalysts.","content":"<html><head></head><body><p>Semiconductor stocks had a forgettable 2022, as the 32% decline in the <b>PHLX Semiconductor Sector</b> index so far this year shows us. The drop is mainly due to the slowdown in the personal computer (PC) and smartphone markets that knocked the wind out of the sails of major players in this sector. But recent action shows that the sector is set to end the year on a high.</p><p>The PHLX Semiconductor Sector is trading up 10% in the past month. This sharp recovery can be attributed to signs of cooling inflation, the Federal Reserve&#39;s stated intent to reduce the pace of rate hikes, and some solid quarterly reports from industry bellwethers indicating that the industry didn&#39;t lose all of its momentum.</p><p>The sector&#39;s performance in the past month rubbed off positively on shares of <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a> and <a href=\"https://laohu8.com/S/NXPI\">NXP Semiconductors</a>. While AMD stock shot up 18% in the past month, NXP is up 8%. It wouldn&#39;t be surprising to see these chipmakers continue their bull runs in 2023.</p><p>That&#39;s why investors may want to buy these two semiconductor stocks hand over fist before the new year. Let&#39;s look at the reasons why AMD and NXP Semiconductors could soar higher in 2023.</p><h2>1. <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a></h2><p>Advanced Micro Devices was hamstrung by the slowdown in the PC market this year, but the company found growth in other areas. This explains why AMD was able to record 29% year-over-year growth in revenue in the third quarter of 2022 to $5.6 billion. The chipmaker is on track to finish 2022 with $23.5 billion in revenue, which would be an increase of 43% over last year.</p><p>There are a few simple reasons why AMD has been able to record such impressive growth.</p><p>The first is the data center business, which is showing no signs of slowing down. AMD&#39;s data center revenue increased 45% year over year to $1.6 billion in Q3 thanks to the healthy demand for its Epyc processors. The segment generated $4.4 billion in revenue in the first nine months of 2022, indicating that AMD could generate just under $6 billion in data center revenue this year based on the quarterly revenue run rate.</p><p>AMD&#39;s data center revenue could keep soaring in 2023. That&#39;s because the company is gaining market share against <b>Intel</b> (INTC 4.05%) in this space. Its server processor market share increased to 17.5% in the third quarter, with Intel holding the rest, according to Mercury Research. The year-over-year increase in AMD&#39;s server market share stood at 7.3 percentage points.</p><p>That was a huge increase, and analysts are expecting AMD to sustain that momentum in 2023 as well. KeyBanc analyst John Vinh said he expects AMD to take more market share away from Intel next year, as the former&#39;s latest Genoa server processors -- which were released this month -- are reportedly 55% faster and 48% more power efficient compared to Chipzilla&#39;s offerings. With Intel&#39;s next-generation Sapphire Rapids server processors caught up in delays and yet to hit volume shipments, the road is clear for AMD to take more market share in the lucrative server processor space.</p><p>As such, don&#39;t be surprised to see AMD&#39;s 2023 server share exceed market research firm TrendForce&#39;s forecast of 22%, given that it has already exceeded the 15% market share it was expected to clock in 2022.</p><p>The embedded business is going to be another key growth driver for AMD next year. The segment&#39;s revenue increased nearly 1,550% year-over-year last quarter to $1.3 billion, driven by the acquisition of Xilinx that AMD completed earlier in 2022. This move helped AMD unlock a massive growth opportunity, as Xilinx&#39;s chips are used for accelerating workloads in multiple areas ranging from data centers to 5G infrastructure to automotive to aerospace and defense.</p><p>The demand for field-programmable gate arrays (FPGAs), for instance, is expected to increase at an annual pace of 14% through 2027 to $15.5 billion. With Xilinx being the leading player in this market, it could substantially boost AMD&#39;s revenue in the long run.</p><p>All this indicates that AMD has enough catalysts in the bag to sustain its growth in 2023 and beyond, which is why investors should consider buying this semiconductor stock before it goes higher.</p><h2>2. <a href=\"https://laohu8.com/S/NXPI\">NXP Semiconductors</a></h2><p>NXP Semiconductors has been winning big from the growing adoption of chips in the automotive space, as the company gets more than half of its revenue from this niche. In the third quarter of 2022, for instance, NXP&#39;s total revenue jumped 20% year over year to $3.45 billion. The automotive business did the heavy lifting, as this segment&#39;s revenue increased 24% year over year to $1.8 billion.</p><p>The good news for NXP investors is that the automotive business is set up for another solid year in 2023. That&#39;s because the Dutch chipmaker&#39;s non-cancelable and non-returnable (NCNR) order book for 2023 exceeds its supply capability, and its automotive chips are sold out for next year. More importantly, the automotive market should be a long-term growth driver for NXP, as the company sees this segment&#39;s revenue jumping from $50 billion in 2021 to $150 billion by the end of the decade.</p><p>The industrial and Internet of Things (IoT) market is turning out to be another key growth driver for NXP. The segment&#39;s revenue was up 17% year over year last quarter to $713 million, accounting for almost 21% of the company&#39;s top line. Just like the automotive business, NXP&#39;s industrial chips are sold out for 2023, suggesting that this segment&#39;s growth is here to stay.</p><p>As such, NXP Semiconductors stock seems well-placed to sustain its rally in the new year thanks to the lucrative semiconductor niches it serves. What&#39;s more, investors are getting a great deal on the stock right now, as it is trading at just 16 times trailing earnings and 12 times forward earnings. Those multiples represent a discount to the <b>S&amp;P 500</b>&#39;s earnings multiple of 19, suggesting that investors shouldn&#39;t delay any further and consider buying the stock before it runs higher.</p></body></html>","source":"fool_stock","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>2 Top Semiconductor Stocks to Buy Hand Over Fist Before 2023</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n2 Top Semiconductor Stocks to Buy Hand Over Fist Before 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-01 23:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/01/top-semiconductor-stocks-buy-hand-over-fist-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Semiconductor stocks had a forgettable 2022, as the 32% decline in the PHLX Semiconductor Sector index so far this year shows us. The drop is mainly due to the slowdown in the personal computer (PC) ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/01/top-semiconductor-stocks-buy-hand-over-fist-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/12/01/top-semiconductor-stocks-buy-hand-over-fist-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288761626","content_text":"Semiconductor stocks had a forgettable 2022, as the 32% decline in the PHLX Semiconductor Sector index so far this year shows us. The drop is mainly due to the slowdown in the personal computer (PC) and smartphone markets that knocked the wind out of the sails of major players in this sector. But recent action shows that the sector is set to end the year on a high.The PHLX Semiconductor Sector is trading up 10% in the past month. This sharp recovery can be attributed to signs of cooling inflation, the Federal Reserve's stated intent to reduce the pace of rate hikes, and some solid quarterly reports from industry bellwethers indicating that the industry didn't lose all of its momentum.The sector's performance in the past month rubbed off positively on shares of Advanced Micro Devices and NXP Semiconductors. While AMD stock shot up 18% in the past month, NXP is up 8%. It wouldn't be surprising to see these chipmakers continue their bull runs in 2023.That's why investors may want to buy these two semiconductor stocks hand over fist before the new year. Let's look at the reasons why AMD and NXP Semiconductors could soar higher in 2023.1. Advanced Micro DevicesAdvanced Micro Devices was hamstrung by the slowdown in the PC market this year, but the company found growth in other areas. This explains why AMD was able to record 29% year-over-year growth in revenue in the third quarter of 2022 to $5.6 billion. The chipmaker is on track to finish 2022 with $23.5 billion in revenue, which would be an increase of 43% over last year.There are a few simple reasons why AMD has been able to record such impressive growth.The first is the data center business, which is showing no signs of slowing down. AMD's data center revenue increased 45% year over year to $1.6 billion in Q3 thanks to the healthy demand for its Epyc processors. The segment generated $4.4 billion in revenue in the first nine months of 2022, indicating that AMD could generate just under $6 billion in data center revenue this year based on the quarterly revenue run rate.AMD's data center revenue could keep soaring in 2023. That's because the company is gaining market share against Intel (INTC 4.05%) in this space. Its server processor market share increased to 17.5% in the third quarter, with Intel holding the rest, according to Mercury Research. The year-over-year increase in AMD's server market share stood at 7.3 percentage points.That was a huge increase, and analysts are expecting AMD to sustain that momentum in 2023 as well. KeyBanc analyst John Vinh said he expects AMD to take more market share away from Intel next year, as the former's latest Genoa server processors -- which were released this month -- are reportedly 55% faster and 48% more power efficient compared to Chipzilla's offerings. With Intel's next-generation Sapphire Rapids server processors caught up in delays and yet to hit volume shipments, the road is clear for AMD to take more market share in the lucrative server processor space.As such, don't be surprised to see AMD's 2023 server share exceed market research firm TrendForce's forecast of 22%, given that it has already exceeded the 15% market share it was expected to clock in 2022.The embedded business is going to be another key growth driver for AMD next year. The segment's revenue increased nearly 1,550% year-over-year last quarter to $1.3 billion, driven by the acquisition of Xilinx that AMD completed earlier in 2022. This move helped AMD unlock a massive growth opportunity, as Xilinx's chips are used for accelerating workloads in multiple areas ranging from data centers to 5G infrastructure to automotive to aerospace and defense.The demand for field-programmable gate arrays (FPGAs), for instance, is expected to increase at an annual pace of 14% through 2027 to $15.5 billion. With Xilinx being the leading player in this market, it could substantially boost AMD's revenue in the long run.All this indicates that AMD has enough catalysts in the bag to sustain its growth in 2023 and beyond, which is why investors should consider buying this semiconductor stock before it goes higher.2. NXP SemiconductorsNXP Semiconductors has been winning big from the growing adoption of chips in the automotive space, as the company gets more than half of its revenue from this niche. In the third quarter of 2022, for instance, NXP's total revenue jumped 20% year over year to $3.45 billion. The automotive business did the heavy lifting, as this segment's revenue increased 24% year over year to $1.8 billion.The good news for NXP investors is that the automotive business is set up for another solid year in 2023. That's because the Dutch chipmaker's non-cancelable and non-returnable (NCNR) order book for 2023 exceeds its supply capability, and its automotive chips are sold out for next year. More importantly, the automotive market should be a long-term growth driver for NXP, as the company sees this segment's revenue jumping from $50 billion in 2021 to $150 billion by the end of the decade.The industrial and Internet of Things (IoT) market is turning out to be another key growth driver for NXP. The segment's revenue was up 17% year over year last quarter to $713 million, accounting for almost 21% of the company's top line. Just like the automotive business, NXP's industrial chips are sold out for 2023, suggesting that this segment's growth is here to stay.As such, NXP Semiconductors stock seems well-placed to sustain its rally in the new year thanks to the lucrative semiconductor niches it serves. What's more, investors are getting a great deal on the stock right now, as it is trading at just 16 times trailing earnings and 12 times forward earnings. Those multiples represent a discount to the S&P 500's earnings multiple of 19, suggesting that investors shouldn't delay any further and consider buying the stock before it runs higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079657383,"gmtCreate":1657196953342,"gmtModify":1676535967195,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079657383","isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4113904591642392","authorIdStr":"4113904591642392"},"content":"Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If u follow me,I can check your homepage regularly & help to like when u start posting","text":"Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If u follow me,I can check your homepage regularly & help to like when u start posting","html":"Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If u follow me,I can check your homepage regularly & help to like when u start posting"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925191785,"gmtCreate":1671944554548,"gmtModify":1676538614167,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925191785","repostId":"1122119015","repostType":2,"repost":{"id":"1122119015","kind":"news","pubTimestamp":1671940966,"share":"https://ttm.financial/m/news/1122119015?lang=&edition=fundamental","pubTime":"2022-12-25 12:02","market":"us","language":"en","title":"7 High-Yield Dividend Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1122119015","media":"InvestorPlace","summary":"These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.Suncor Energy(SU","content":"<html><head></head><body><ul><li>These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.</li><li><b>Suncor Energy</b>(<b>SU</b>): The smart money is taking an interest.</li><li><b>Intel</b>(<b>INTC</b>): This unappreciated stock could surprise investors.</li><li><b>Kinder Morgan</b>(<b>KMI</b>): It’s a reliable midstream business.</li><li><b>British American Tobacco</b>(<b>BTI</b>): The sin stock could continue to outperform.</li><li><b>Rio Tinto</b>(<b>RIO</b>): It’s a play on the growth of EVs.</li><li><b>Magellan Midstream Partners</b>(<b>MMP</b>): Fans of MLPs are likely to be familiar with this one.</li><li><b>KKR Real Estate Finance Trust</b>(<b>KREF</b>): It’s perfect for contrarians who want to speculate.</li></ul><p>Usually, the decision to target high-yield dividend stocks to buy centers on inflationary concerns. With rising borrowing costs eroding market returns, passive income commands a premium. However, this narrative may also work ahead of what could be a potentially deflationary environment, with the Federal Reserve committed to containing inflation via higher rates.</p><p>You might think that passive-income generators won’t work if the value of money rises. However, a presentation by Global X states that during periods of rising rates, high-yield dividend stocks on average outperformed the benchmark equities index. Therefore, even with continued hawkish monetary policy, this segment offers relevance.</p><p>To be fair, high-yielding companies tend to be riskier enterprises. Simply put, Wall Street doesn’t offer many free lunches. That said, with so much uncertainty ahead in 2023, the high-yield dividend stocks to buy below should provide investors with a nice amount of income.</p><p><b>Suncor Energy (SU)</b></p><p>Based in Calgary, Alberta, <b>Suncor Energy</b>(NYSE:<b>SU</b>) represents one of Canada’s major hydrocarbon specialists. It focuses on the production of synthetic crude from oil sands. Geopolitical turmoil, rising demand and escalating inflation all contributed to SU’s 25% year-to-date rally.</p><p>Those looking for a relatively safe and all-around confidence-inspiring name among high-yield dividend stocks to buy won’t find too many companies better than Suncor. It features a forward annual yield of 4.7%. Its payout ratio is only 28.1%, meaning the dividend should be sustainable based on current earnings trends.</p><p>GuruFocus’ proprietary calculation for fair market value labels SU stock as“modestly undervalued.”Backed by a decently stable balance sheet, Suncor enjoys a three-year revenue growth rate of 4.4%. This ranks higher than over 65% of its industry. As well, the company features a net margin of 13.7%, higher than 66% of its peers.</p><p>Finally, hedge funds increased their position in Suncor during the third quarter relative to Q2. Thus, SU is worth checking out.</p><p><b>Intel (INTC)</b></p><p>From a distinctly undervalued idea to one that’s underappreciated, <b>Intel</b>(NASDAQ:<b>INTC</b>) can’t seem to catch a break. Before the coronavirus pandemic, it struggled against a mixture of outside competitive pressures and internal controversies. Currently, the headwinds acting against the broader technology space and semiconductor stocks, in particular, have hit the stock, which is down 50% year to date.</p><p>Still, for those who want to be a bit adventurous with their high-yield dividend stocks to buy, Intel fits the bill. The company offers a forward yield of 5.6%. That’s well above the tech sector’s average yield of 1.4%. Also, Intel has eight years of consecutive dividend increases.</p><p>Its payout ratio stands at 76.1%, though, which is on the high side. Still, as the tech sector aims for a broader recovery in 2023, contrarians may be able to forgive it.</p><p>GuruFocus labels INTC“significantly undervalued”based on its proprietary calculation. Further, its price-earnings ratio of 8 is below the industry median of 16.1. Finally, Intel’s net margin of 19.1% ranks higher than 73.5% of the semiconductor industry.</p><p><b>Kinder Morgan (KMI)</b></p><p>Headquartered in Houston, <b>Kinder Morgan</b>(NYSE:<b>KMI</b>) is one of North America’s largest energy infrastructure companies, per its public profile. The company specializes in owning and controlling oil and gas pipelines and terminals. Since the beginning of the year, shares have gained nearly 14%.</p><p>The midstream energy player carries a forward yield of 6.2%. Though the energy sector typically offers investors high yields, KMI’s yield easily exceeds the sector average of 4.2%. The payout ratio stands at a lofty 98.5%, but the company has increased its dividend for five consecutive years. Furthermore, midstream firms tend to be lower-risk than other energy categories because of their ties to infrastructure needs such as storage and transportation.</p><p>GuruFocus rates KMI“modestly undervalued.”It features decent (though not great) growth trends. Profitability is where the company shines, with a net margin of 13.2%. That ranks better than 65.5% of the industry. Thus, Kinder Morgan brings much to the table as a candidate for high-yield dividend stocks to buy.</p><p><b>British American Tobacco (BTI)</b></p><p><b>British American Tobacco</b>(NYSE:<b>BTI</b>) is a sin stock that is up 8% year to date, handily outperforming the broader market. This outperformance could continue in 2023 as the economy continues to struggle. While smoking rates have been on the decline for some time, increased stress could lead to an uptick in the habit.</p><p>Despite the obvious social ills, British American Tobacco undeniably represents one of the best high-yield dividend stocks to buy. It provides a fantastic forward yield of 7.3%. This rates well above the consumer staples sector average of 1.9%. However, investors should note the payout ratio of 61.3%, which is on the higher side of the spectrum.</p><p>According to GuruFocus, BTI rates as a“fairly valued” investment based on its proprietary calculation. However, the company features a forward P/E of 8.2, below the industry median of 12.4. Further, BTI commands strong profitability metrics.</p><p><b>Rio Tinto (RIO)</b></p><p><b>Rio Tinto</b>(NYSE: <b>RIO</b>) is one of the world’s largest metals and mining corporations. While it’s known for producing several industrial commodities, its focus on mining copper is especially appealing. Copper is an integral component of EV motors and batteries, among other systems and applications.</p><p>RIO is volatile, to be sure, but shares are up 5.5% YTD. The stock also offers a forward yield of 7.6%, well above the sector average of 2.8%. To be fair, the payout ratio of 78.5% is lofty. And Rio Tinto doesn’t have any consecutive years of dividend increases to speak of.</p><p>Nevertheless, Rio Tinto enjoys a solid balance sheet and excellent growth and profitability metrics. Notably, the company’s return on equity stands at 35.3%, ranked better than nearly 96% of the industry.</p><p><b>Magellan Midstream Partners (MMP)</b></p><p>Another energy infrastructure play, <b>Magellan Midstream Partners</b>(NYSE: <b>MMP</b>) owns petroleum and ammonia pipelines in the central U.S.Per its corporate profile, the partnership “has a 9,800-mile refined products pipeline system with 54 connected terminals and two marine storage terminals (one of which is owned through a joint venture).” The stock has gained 6.7% so far this year.</p><p>Of course, the highlight is not necessarily the stock’s performance but rather its forward yield of 8.4%. This ranks well above the energy sector’s average yield of 4.2%. While Magellan’s payout ratio stands at 85.5%, the company is structured as a master limited partnership, or MLP. This means it passes through its income to its partners in the form of dividends. Further, Magellan has 19 years of consecutive dividend increases under its belt.</p><p>Those interested in MMP or other MLPs should research the tax implications before investing.</p><p><b>KKR Real Estate Finance Trust (KREF)</b></p><p>For those that want to roll the dice, consider <b>KKR Real Estate Finance Trust</b>(NYSE: <b>KREF</b>), a leading provider of structured commercial real estate loans. Given macroeconomic headwinds, KREF stock presents serious risks. Shares are down 30% so far this year.</p><p>The company has a poor balance sheet. Notably, its cash position is less than desirable and its equity-to-asset ratio of 0.2 times ranks worse than 93% of real estate investment trusts.</p><p>Yet, for speculators, shares throw off a forward yield of 11.8%. And analysts remain optimistic about KREF, rating it a“strong buy.”Finally, hedge funds have been generally increasing their exposure to KREF since the beginning of 2021.</p></body></html>","source":"investorplace","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 High-Yield Dividend Stocks to Buy Now</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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 High-Yield Dividend Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-25 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/best-high-yield-dividend-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.Suncor Energy(SU): The smart money is taking an interest.Intel(INTC): This unappreciated stock could surprise ...</p>\n\n<a href=\"https://investorplace.com/best-high-yield-dividend-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIO":"力拓","INTC":"英特尔","KREF":"KKR Real Estate Finance Trust Inc.","KMI":"金德尔摩根","SU":"森科能源","BTI":"英美烟草"},"source_url":"https://investorplace.com/best-high-yield-dividend-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122119015","content_text":"These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.Suncor Energy(SU): The smart money is taking an interest.Intel(INTC): This unappreciated stock could surprise investors.Kinder Morgan(KMI): It’s a reliable midstream business.British American Tobacco(BTI): The sin stock could continue to outperform.Rio Tinto(RIO): It’s a play on the growth of EVs.Magellan Midstream Partners(MMP): Fans of MLPs are likely to be familiar with this one.KKR Real Estate Finance Trust(KREF): It’s perfect for contrarians who want to speculate.Usually, the decision to target high-yield dividend stocks to buy centers on inflationary concerns. With rising borrowing costs eroding market returns, passive income commands a premium. However, this narrative may also work ahead of what could be a potentially deflationary environment, with the Federal Reserve committed to containing inflation via higher rates.You might think that passive-income generators won’t work if the value of money rises. However, a presentation by Global X states that during periods of rising rates, high-yield dividend stocks on average outperformed the benchmark equities index. Therefore, even with continued hawkish monetary policy, this segment offers relevance.To be fair, high-yielding companies tend to be riskier enterprises. Simply put, Wall Street doesn’t offer many free lunches. That said, with so much uncertainty ahead in 2023, the high-yield dividend stocks to buy below should provide investors with a nice amount of income.Suncor Energy (SU)Based in Calgary, Alberta, Suncor Energy(NYSE:SU) represents one of Canada’s major hydrocarbon specialists. It focuses on the production of synthetic crude from oil sands. Geopolitical turmoil, rising demand and escalating inflation all contributed to SU’s 25% year-to-date rally.Those looking for a relatively safe and all-around confidence-inspiring name among high-yield dividend stocks to buy won’t find too many companies better than Suncor. It features a forward annual yield of 4.7%. Its payout ratio is only 28.1%, meaning the dividend should be sustainable based on current earnings trends.GuruFocus’ proprietary calculation for fair market value labels SU stock as“modestly undervalued.”Backed by a decently stable balance sheet, Suncor enjoys a three-year revenue growth rate of 4.4%. This ranks higher than over 65% of its industry. As well, the company features a net margin of 13.7%, higher than 66% of its peers.Finally, hedge funds increased their position in Suncor during the third quarter relative to Q2. Thus, SU is worth checking out.Intel (INTC)From a distinctly undervalued idea to one that’s underappreciated, Intel(NASDAQ:INTC) can’t seem to catch a break. Before the coronavirus pandemic, it struggled against a mixture of outside competitive pressures and internal controversies. Currently, the headwinds acting against the broader technology space and semiconductor stocks, in particular, have hit the stock, which is down 50% year to date.Still, for those who want to be a bit adventurous with their high-yield dividend stocks to buy, Intel fits the bill. The company offers a forward yield of 5.6%. That’s well above the tech sector’s average yield of 1.4%. Also, Intel has eight years of consecutive dividend increases.Its payout ratio stands at 76.1%, though, which is on the high side. Still, as the tech sector aims for a broader recovery in 2023, contrarians may be able to forgive it.GuruFocus labels INTC“significantly undervalued”based on its proprietary calculation. Further, its price-earnings ratio of 8 is below the industry median of 16.1. Finally, Intel’s net margin of 19.1% ranks higher than 73.5% of the semiconductor industry.Kinder Morgan (KMI)Headquartered in Houston, Kinder Morgan(NYSE:KMI) is one of North America’s largest energy infrastructure companies, per its public profile. The company specializes in owning and controlling oil and gas pipelines and terminals. Since the beginning of the year, shares have gained nearly 14%.The midstream energy player carries a forward yield of 6.2%. Though the energy sector typically offers investors high yields, KMI’s yield easily exceeds the sector average of 4.2%. The payout ratio stands at a lofty 98.5%, but the company has increased its dividend for five consecutive years. Furthermore, midstream firms tend to be lower-risk than other energy categories because of their ties to infrastructure needs such as storage and transportation.GuruFocus rates KMI“modestly undervalued.”It features decent (though not great) growth trends. Profitability is where the company shines, with a net margin of 13.2%. That ranks better than 65.5% of the industry. Thus, Kinder Morgan brings much to the table as a candidate for high-yield dividend stocks to buy.British American Tobacco (BTI)British American Tobacco(NYSE:BTI) is a sin stock that is up 8% year to date, handily outperforming the broader market. This outperformance could continue in 2023 as the economy continues to struggle. While smoking rates have been on the decline for some time, increased stress could lead to an uptick in the habit.Despite the obvious social ills, British American Tobacco undeniably represents one of the best high-yield dividend stocks to buy. It provides a fantastic forward yield of 7.3%. This rates well above the consumer staples sector average of 1.9%. However, investors should note the payout ratio of 61.3%, which is on the higher side of the spectrum.According to GuruFocus, BTI rates as a“fairly valued” investment based on its proprietary calculation. However, the company features a forward P/E of 8.2, below the industry median of 12.4. Further, BTI commands strong profitability metrics.Rio Tinto (RIO)Rio Tinto(NYSE: RIO) is one of the world’s largest metals and mining corporations. While it’s known for producing several industrial commodities, its focus on mining copper is especially appealing. Copper is an integral component of EV motors and batteries, among other systems and applications.RIO is volatile, to be sure, but shares are up 5.5% YTD. The stock also offers a forward yield of 7.6%, well above the sector average of 2.8%. To be fair, the payout ratio of 78.5% is lofty. And Rio Tinto doesn’t have any consecutive years of dividend increases to speak of.Nevertheless, Rio Tinto enjoys a solid balance sheet and excellent growth and profitability metrics. Notably, the company’s return on equity stands at 35.3%, ranked better than nearly 96% of the industry.Magellan Midstream Partners (MMP)Another energy infrastructure play, Magellan Midstream Partners(NYSE: MMP) owns petroleum and ammonia pipelines in the central U.S.Per its corporate profile, the partnership “has a 9,800-mile refined products pipeline system with 54 connected terminals and two marine storage terminals (one of which is owned through a joint venture).” The stock has gained 6.7% so far this year.Of course, the highlight is not necessarily the stock’s performance but rather its forward yield of 8.4%. This ranks well above the energy sector’s average yield of 4.2%. While Magellan’s payout ratio stands at 85.5%, the company is structured as a master limited partnership, or MLP. This means it passes through its income to its partners in the form of dividends. Further, Magellan has 19 years of consecutive dividend increases under its belt.Those interested in MMP or other MLPs should research the tax implications before investing.KKR Real Estate Finance Trust (KREF)For those that want to roll the dice, consider KKR Real Estate Finance Trust(NYSE: KREF), a leading provider of structured commercial real estate loans. Given macroeconomic headwinds, KREF stock presents serious risks. Shares are down 30% so far this year.The company has a poor balance sheet. Notably, its cash position is less than desirable and its equity-to-asset ratio of 0.2 times ranks worse than 93% of real estate investment trusts.Yet, for speculators, shares throw off a forward yield of 11.8%. And analysts remain optimistic about KREF, rating it a“strong buy.”Finally, hedge funds have been generally increasing their exposure to KREF since the beginning of 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926908214,"gmtCreate":1671435341338,"gmtModify":1676538535944,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926908214","repostId":"2292895498","repostType":2,"repost":{"id":"2292895498","kind":"highlight","pubTimestamp":1671433151,"share":"https://ttm.financial/m/news/2292895498?lang=&edition=fundamental","pubTime":"2022-12-19 14:59","market":"us","language":"en","title":"2 High-Quality Growth Stocks Down 40% and 47% to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2292895498","media":"Motley Fool","summary":"These outstanding businesses are on sale -- but likely not for long.","content":"<html><head></head><body><p>Bear markets can be brutal on our emotions. But they can also create terrific opportunities for investors to profit. Even the best companies can see their share prices slashed during economic downturns. But they&#39;re often among the first to rally as the stock market eventually recovers.</p><p>If you&#39;re looking for bargains to buy today, consider these two top-quality growth stocks. Powerful catalysts could drive sharp rebounds in their share prices in the coming years.</p><h2>Walt Disney<b> </b></h2><p>Bob Iger is back. The executive who helped build <b>Walt Disney</b> into the entertainment titan it is today recently returned to his post as CEO. Iger oversaw Disney&#39;s acquisitions of Pixar, Marvel, and Lucasfilm -- all of which have gone on to be profit powerhouses for the company. Now, Iger has his sights set on building Disney+ into another potent profit driver in the coming years.</p><p>With more than 164 million subscribers as of Oct. 1, Disney+ is already a formidable force in the streaming arena. Combined with over 24 million customers for ESPN+ and 47 million for Hulu, Disney&#39;s total streaming subscriber count exceeds 235 million. For comparison, <b>Netflix</b> ended the third quarter with slightly more than 223 million subscribers.</p><p>However, Disney&#39;s streaming business is not yet profitable. The company&#39;s direct-to-consumer segment generated an operating loss of nearly $1.5 billion in its most recent quarter, as Disney spent heavily to strengthen its already impressive content library. But management expects Disney+ to achieve profitability in 2024. Recent price hikes and a new ad-supported plan should help it do just that.</p><p>Once its streaming operations begin contributing to its profit production, investors should get a better sense of Disney&#39;s true earnings power, which has been suppressed by its growth investments. That should result in a significantly higher stock price. You can buy ahead of these likely gains as Disney&#39;s shares are currently still down 40% over the past year.</p><h2>Airbnb<b> </b></h2><p>After foregoing travel during the earlier stages of the pandemic, many people are looking forward to taking vacations in 2023. And they&#39;re increasingly turning to <b>Airbnb</b> to find their dream destinations.</p><p>The short-term rental listing platform is also benefiting from the work-from-home trend. So-called digital nomads use Airbnb to find and book lodging at locations around the world, which allows them to travel while working remotely.</p><p>These trends are helping to fuel Airbnb&#39;s growth. Nights and experiences booked on its platform jumped 25% year over year to 99.7 million in the third quarter. This drove a 29% increase in revenue to $2.9 billion, and a 46% surge in net income to $1.2 billion.</p><p>That impressive performance highlights the scalability of Airbnb&#39;s business model. The company&#39;s profits tend to grow even faster than its revenue, due to the relatively meager expenses it incurs by serving as an online marketplace. More than 4 million hosts take on the responsibility and costs of obtaining and preparing their properties for renters. Airbnb then takes a percentage of these rental transactions in fees.</p><p>With little need for capital expenditures, Airbnb is a cash-generating machine. It generated $960 million in free cash flow in the third quarter alone -- and a whopping $3.3 billion over the trailing 12 months.</p><p>And yet, Airbnb&#39;s stock is down 47% over the past year. Like many growth stocks, Airbnb has seen its price-to-earnings multiple compress as investors have grown more cautious during the current bear market. Its stock now trades for less than 33 times its projected earnings per share in 2023. That&#39;s an attractive price for a high-quality business that&#39;s expected to grow its profits by more than 20% annually over the next half-decade.</p></body></html>","source":"fool_stock","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>2 High-Quality Growth Stocks Down 40% and 47% to Buy Right Now</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n2 High-Quality Growth Stocks Down 40% and 47% to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 14:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/18/high-quality-growth-stocks-to-buy-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bear markets can be brutal on our emotions. But they can also create terrific opportunities for investors to profit. Even the best companies can see their share prices slashed during economic ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/18/high-quality-growth-stocks-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","DIS":"迪士尼"},"source_url":"https://www.fool.com/investing/2022/12/18/high-quality-growth-stocks-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292895498","content_text":"Bear markets can be brutal on our emotions. But they can also create terrific opportunities for investors to profit. Even the best companies can see their share prices slashed during economic downturns. But they're often among the first to rally as the stock market eventually recovers.If you're looking for bargains to buy today, consider these two top-quality growth stocks. Powerful catalysts could drive sharp rebounds in their share prices in the coming years.Walt Disney Bob Iger is back. The executive who helped build Walt Disney into the entertainment titan it is today recently returned to his post as CEO. Iger oversaw Disney's acquisitions of Pixar, Marvel, and Lucasfilm -- all of which have gone on to be profit powerhouses for the company. Now, Iger has his sights set on building Disney+ into another potent profit driver in the coming years.With more than 164 million subscribers as of Oct. 1, Disney+ is already a formidable force in the streaming arena. Combined with over 24 million customers for ESPN+ and 47 million for Hulu, Disney's total streaming subscriber count exceeds 235 million. For comparison, Netflix ended the third quarter with slightly more than 223 million subscribers.However, Disney's streaming business is not yet profitable. The company's direct-to-consumer segment generated an operating loss of nearly $1.5 billion in its most recent quarter, as Disney spent heavily to strengthen its already impressive content library. But management expects Disney+ to achieve profitability in 2024. Recent price hikes and a new ad-supported plan should help it do just that.Once its streaming operations begin contributing to its profit production, investors should get a better sense of Disney's true earnings power, which has been suppressed by its growth investments. That should result in a significantly higher stock price. You can buy ahead of these likely gains as Disney's shares are currently still down 40% over the past year.Airbnb After foregoing travel during the earlier stages of the pandemic, many people are looking forward to taking vacations in 2023. And they're increasingly turning to Airbnb to find their dream destinations.The short-term rental listing platform is also benefiting from the work-from-home trend. So-called digital nomads use Airbnb to find and book lodging at locations around the world, which allows them to travel while working remotely.These trends are helping to fuel Airbnb's growth. Nights and experiences booked on its platform jumped 25% year over year to 99.7 million in the third quarter. This drove a 29% increase in revenue to $2.9 billion, and a 46% surge in net income to $1.2 billion.That impressive performance highlights the scalability of Airbnb's business model. The company's profits tend to grow even faster than its revenue, due to the relatively meager expenses it incurs by serving as an online marketplace. More than 4 million hosts take on the responsibility and costs of obtaining and preparing their properties for renters. Airbnb then takes a percentage of these rental transactions in fees.With little need for capital expenditures, Airbnb is a cash-generating machine. It generated $960 million in free cash flow in the third quarter alone -- and a whopping $3.3 billion over the trailing 12 months.And yet, Airbnb's stock is down 47% over the past year. Like many growth stocks, Airbnb has seen its price-to-earnings multiple compress as investors have grown more cautious during the current bear market. Its stock now trades for less than 33 times its projected earnings per share in 2023. That's an attractive price for a high-quality business that's expected to grow its profits by more than 20% annually over the next half-decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928741870,"gmtCreate":1671411319491,"gmtModify":1676538531264,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928741870","repostId":"1165940641","repostType":2,"repost":{"id":"1165940641","kind":"news","pubTimestamp":1671408458,"share":"https://ttm.financial/m/news/1165940641?lang=&edition=fundamental","pubTime":"2022-12-19 08:07","market":"sg","language":"en","title":"Losing Streak May Continue For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1165940641","media":"RTTNews","summary":"The Singapore stock market has moved lower in back-to-back sessions, sliding almost 40 points or 1.2","content":"<html><head></head><body><p>The Singapore stock market has moved lower in back-to-back sessions, sliding almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,240-point plateau and it may extend its losses on Monday.</p><p>The global forecast for the Asian markets is negative on continuing concerns over the outlook for interest rates and a global recession. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.</p><p>The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.</p><p>For the day, the index dropped 32.94 points or 1.01 percent to finish at 3,240.81 after trading between 3,237.79 and 3,272.12.</p><p>Among the actives, Ascendas REIT tanked 2.52 percent, while CapitaLand Integrated Commercial Trust sank 0.98 percent, CapitaLand Investment plunged 3.21 percent, City Developments skidded 1.09 percent, Comfort DelGro shed 0.81 percent, DBS Group eased 0.35 percent, Emperador dropped 1.01 percent, Genting Singapore climbed 1,08 percent, Hongkong Land plummeted 3.44 percent, Keppel Corp declined 1.61 percent, Mapletree Pan Asia Commercial Trust fell 0.60 percent, Mapletree Industrial Trust surrendered 2.20 percent, Mapletree Logistics Trust tumbled 2.44 percent, Oversea-Chinese Banking Corporation slumped 1.38 percent, SATS retreated 1.39 percent, SingTel weakened 1.17 percent, United Overseas Bank slid 0.49 percent, Wilmar International lost 0.72 percent, Yangzijiang Financial and Yangzijiang Shipbuilding both jumped 1.47 percent and SembCorp Industries, Singapore Technologies Engineering and Thai Beverage were unchanged.</p><p>The lead from Wall Street is weak as the major averages opened lower on Friday and remained in the red throughout the session.</p><p>The Dow tumbled 281.74 points or 0.85 percent to finish at 32,920.46, while the NASDAQ dropped 105.09 points or 0.97 percent to close at 10,705.41 and the S&amp;P 500 sank 43.39 points or 1.11 percent to end at 3,852.36.</p><p>For the week, the NASDAQ plunged 2.7 percent, the S&amp;P declined 2.1 percent and the Dow retreated 1.7 percent.</p><p>The sell-off on Wall Street came amid ongoing concerns about the outlook for interest rates and the economy. The Fed&#39;s hawkish tone in its latest monetary policy announcement has added to worries about the central bank&#39;s aggressive rate hikes tipping the economy into a recession.</p><p>While inflation has recently shown signs of slowing, the Fed signaled it plans to continue raising interest rates next year.</p><p>Crude oil prices fell sharply Friday amid concerns about the outlook for energy demand due to a global economic slowdown. West Texas Intermediate Crude oil futures for January ended down by $1.82 or 2.4 percent at $74.29 a barrel. WTI crude futures gained 4.4 percent in the week.</p></body></html>","source":"lsy1626938412129","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>Losing Streak May Continue For Singapore Stock Market</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nLosing Streak May Continue For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 08:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3332751/losing-streak-may-continue-for-singapore-stock-market.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved lower in back-to-back sessions, sliding almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,240-point plateau and it ...</p>\n\n<a href=\"https://www.rttnews.com/3332751/losing-streak-may-continue-for-singapore-stock-market.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3332751/losing-streak-may-continue-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165940641","content_text":"The Singapore stock market has moved lower in back-to-back sessions, sliding almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,240-point plateau and it may extend its losses on Monday.The global forecast for the Asian markets is negative on continuing concerns over the outlook for interest rates and a global recession. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.The STI finished sharply lower on Friday following losses from the financial shares, property stocks and industrial issues.For the day, the index dropped 32.94 points or 1.01 percent to finish at 3,240.81 after trading between 3,237.79 and 3,272.12.Among the actives, Ascendas REIT tanked 2.52 percent, while CapitaLand Integrated Commercial Trust sank 0.98 percent, CapitaLand Investment plunged 3.21 percent, City Developments skidded 1.09 percent, Comfort DelGro shed 0.81 percent, DBS Group eased 0.35 percent, Emperador dropped 1.01 percent, Genting Singapore climbed 1,08 percent, Hongkong Land plummeted 3.44 percent, Keppel Corp declined 1.61 percent, Mapletree Pan Asia Commercial Trust fell 0.60 percent, Mapletree Industrial Trust surrendered 2.20 percent, Mapletree Logistics Trust tumbled 2.44 percent, Oversea-Chinese Banking Corporation slumped 1.38 percent, SATS retreated 1.39 percent, SingTel weakened 1.17 percent, United Overseas Bank slid 0.49 percent, Wilmar International lost 0.72 percent, Yangzijiang Financial and Yangzijiang Shipbuilding both jumped 1.47 percent and SembCorp Industries, Singapore Technologies Engineering and Thai Beverage were unchanged.The lead from Wall Street is weak as the major averages opened lower on Friday and remained in the red throughout the session.The Dow tumbled 281.74 points or 0.85 percent to finish at 32,920.46, while the NASDAQ dropped 105.09 points or 0.97 percent to close at 10,705.41 and the S&P 500 sank 43.39 points or 1.11 percent to end at 3,852.36.For the week, the NASDAQ plunged 2.7 percent, the S&P declined 2.1 percent and the Dow retreated 1.7 percent.The sell-off on Wall Street came amid ongoing concerns about the outlook for interest rates and the economy. The Fed's hawkish tone in its latest monetary policy announcement has added to worries about the central bank's aggressive rate hikes tipping the economy into a recession.While inflation has recently shown signs of slowing, the Fed signaled it plans to continue raising interest rates next year.Crude oil prices fell sharply Friday amid concerns about the outlook for energy demand due to a global economic slowdown. West Texas Intermediate Crude oil futures for January ended down by $1.82 or 2.4 percent at $74.29 a barrel. WTI crude futures gained 4.4 percent in the week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926908585,"gmtCreate":1671435360347,"gmtModify":1676538535945,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926908585","repostId":"1100666913","repostType":2,"repost":{"id":"1100666913","kind":"news","pubTimestamp":1671430259,"share":"https://ttm.financial/m/news/1100666913?lang=&edition=fundamental","pubTime":"2022-12-19 14:10","market":"us","language":"en","title":"Nvidia: The Share Price Looks Dangerously High","url":"https://stock-news.laohu8.com/highlight/detail?id=1100666913","media":"Seeking Alpha","summary":"SummaryNVIDIA is facing major headwinds. Its near-term results will likely be pretty bad.NVIDIA has ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>NVIDIA is facing major headwinds. Its near-term results will likely be pretty bad.</li><li>NVIDIA has seen its shares rise 60% from the lows set this fall, despite no meaningful good news, and despite the earnings outlook worsening.</li><li>This seems totally unjustified to me, and NVIDIA&#39;s shares are now dangerously expensive, trading at a major premium compared to the historic norm.</li></ul><p><b>Article Thesis</b></p><p>NVIDIA Corporation (NASDAQ:NVDA) is a quality company but faces considerable growth headwinds and had a pretty weak third quarter. And yet, shares have risen by a massive 60% from the recent lows already, despite the fact that earnings estimates continue to fall. Shares are now trading at a very elevated valuation again, which does not seem justified to me. While NVIDIA arguably was attractively priced at the lows seen this fall, they have now risen too much too fast, I believe.</p><p><b>NVIDIA Experiences Major Growth Problems</b></p><p>Not all semiconductor companies are created equal. Some have always been growing at a low pace and were focused on dividends, while others have always been cyclical, such as Micron (MU). NVIDIA was seen as a fast-growing company for a long time, but that is over, at least for now. The company has reported a deeply negative revenue comparison for the most recent quarter, and it&#39;s likely that revenues will be down during the next two quarters as well, with forecasted sales declines in the 20%+ range.</p><p>That is attributable to several headwinds. First, the ongoing crypto winter hurts demands from Ethereum miners. While Bitcoin can&#39;t be mined with GPUs efficiently, Ethereum and Ethereum-like cryptocurrencies can be mined with GPUs. While crypto prices were high, miners bought up GPUs from NVIDIA and others at a rapid pace, which was beneficial for NVIDIA&#39;s sales volumes and its margins. With crypto prices standing where they are today, cryptocurrency mining has become a lot less profitable, and demand for new GPUs from miners has vanished. Even worse, some miners have started to sell the GPUs that they bought in the past, which adds additional supply to the market, thereby depressing prices further.</p><p>Since interest rates continue to climb, it seems unlikely to me that cryptocurrencies will rise a lot in the foreseeable future. Demand from cryptocurrency miners will thus likely not come back in a big way in the foreseeable future.</p><p>At the same time, NVIDIA is also facing headwinds from inflation and rising interest rates. Those pressure the disposable incomes of consumers, as they have to pay more for their mortgages and their needs, such as food, energy, and so on. They thus have less cash available to spend on wants, which includes new PCs and gaming equipment. With consumers&#39; pockets getting pinched, fewer consumers are willing to pay the very high prices for high-end graphic cards that NVIDIA was able to demand during the pandemic when consumers were flush with cash thanks to fiscal and monetary stimulus and when other ways of consumer spending, such as travel, were not possible. With consumers now either reducing their overall consumer spending on wants or diverting their spending towards experiences such as travel, concerts, etc. instead of &#34;stay-at-home&#34; spending such as gaming equipment, NVIDIA&#39;s sales outlook in the consumer segment is being hurt.</p><p>Last but not least, NVIDIA is also being hurt by new regulations that hurt NVIDIA&#39;s ability to sell high-end semiconductors to China. NVIDIA has stated in a filing that this regulation could block it from selling some of its newest AI chips, such as the A100 and H100 series, and that $400 million in booked orders were at risk. It seems likely to me that this will not be a one-time issue. Instead, it seems possible to likely that additional regulation will be coming in the foreseeable future, and that NVIDIA&#39;s business in China could face even larger headwinds going forward. It should be noted that the same holds true for some of NVIDIA&#39;s peers that will also be impacted by these rules.</p><p><b>Recent Results Were Bad, And The Next Two Quarters Will Likely Be Bad As Well</b></p><p>NVIDIA reported its most recent quarterly results in November. Sales dropped by a hefty 17% year over year, and profits were cut in half. That&#39;s not really fitting for a company that is seen as a major growth player and that is trading at a pretty high valuation.</p><p>There were some positives in the report, such as NVIDIA&#39;s strong data center sales. But even those weren&#39;t sufficient to offset the headwinds that NVIDIA experienced in other business areas, such as gaming.</p><p>NVIDIA&#39;s underperformance versus Advanced Micro Devices (AMD) was noteworthy, as the latter was able to push out a huge 29% revenue gain in its most recent quarter, despite also facing some of the headwinds that NVIDIA is suffering from. It looks like AMD is managing those a lot better, partially due to the fact that it isn&#39;t as heavily impacted by the crypto winter relative to NVIDIA.</p><p>Even worse, NVIDIA looks like it will report even worse results for the next two quarters. Right now, analysts are forecasting that NVIDIA&#39;s revenue decline rate will accelerate to more than 20% for the current quarter and the one after that, i.e. Q4 of fiscal 2023 and Q1 of fiscal 2024:</p><p><img src=\"https://static.tigerbbs.com/b4d2342a5d7bb3a9e035b41d3e464862\" tg-width=\"640\" tg-height=\"66\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>Sales declines of more than 20% are very hurtful, and not at all ordinary for a company like NVIDIA, which has had a pretty consistent revenue growth track record over the last couple of years, even during the pandemic. This is also in stark contrast to AMD&#39;s expected performance, as AMD is forecasted to grow its sales by 5% over the next half year. Intel (INTC) is forecasted to see its sales drop by 20%+ in the next two quarters as well, but then again, that&#39;s Intel - not a lot of growth is expected from Intel anyways, and the valuation accounts for weak results, with INTC trading for less than 14x forward earnings.</p><p>The fact that NVIDIA is expected to experience a quite harsh downturn while trading at a pretty high valuation should give investors pause. A company that is priced for massive growth shouldn&#39;t experience large business downturns, and a company experiencing a large downturn shouldn&#39;t be priced as if it was growing at a massive pace, I believe.</p><p><b>The Valuation Is Getting Ridiculously High</b></p><p>NVIDIA&#39;s shares have underperformed in 2022, and rightfully so - growth was way weaker than expected, and growth forecasts for the next couple of years have taken a big hit. NVIDIA dropped to less than $110 at one point, where shares arguably were a very solid value, as the near-term headwinds seemed accounted for.</p><p>Somewhat surprisingly, however, NVIDIA has seen its shares rally by 60% since then. That&#39;s a hefty gain for a company the size of NVIDIA, as this pencils out to a $150 billion market capitalization gain in just two months. Was this driven by improving earnings estimates, major upwards revisions to NVIDIA&#39;s guidance, or waning macro headwinds? The contrary is true -- macro headwinds such as high inflation, rising rates, and low crypto prices persist, regulation when it comes to AI chip sales to China remains a headwind, and earnings estimates aren&#39;t falling. In fact, they have continued to weaken:</p><p><img src=\"https://static.tigerbbs.com/c4c27addf9ceb31c4991943f753ec4fe\" tg-width=\"640\" tg-height=\"91\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>NVIDIA&#39;s earnings per share estimates for the next five quarters have dropped massively over the last half-year, and EPS estimates for four out of those five quarters have also declined further over the last three months. It is surprising to see that NVIDIA&#39;s share price has nevertheless risen so much in such a short period of time - to me, it seems rather ridiculous that the market is not caring for NVIDIA&#39;s weak profit outlook.</p><p>Looking at expected full-year results, the picture isn&#39;t prettier:</p><p><img src=\"https://static.tigerbbs.com/7863985ad77c4234eb19c4a25d5ef1ee\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>Over the last three months, there were 5x as many EPS downward revisions compared to EPS upward revisions, and the ratio isn&#39;t much better when it comes to revenue estimates. In the chart below, we see the massive pullback in EPS estimates over the last year. While analysts were predicting that NVIDIA would earn way more than $10 per share by January 2026 (green line) not too long ago, not even the longest-dating estimates for January 2028 see NVIDIA breaching the $10 per share level.</p><p>Based on current EPS estimates for this year, NVIDIA is trading at 52x forward earnings today. Let&#39;s look at NVIDIA&#39;s historic valuation to deduct whether that makes sense:</p><p><img src=\"https://static.tigerbbs.com/a79d86b1da5fdbe61c20cbd603e4f470\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>The 10-year median earnings multiple is 40, which means that NVIDIA trades at a 30% premium compared to the past average right now. At the same time, interest rates are massively higher today relative to the 10-year average, at 3.5% versus ~2% for the 10-year treasury rate. In theory, higher interest rates should result in lower equity valuations. But in NVIDIA&#39;s case, the contrary is true - despite the fact that rates are way higher now, NVIDIA is way more expensive than it used to be.</p><p>When we look at the company&#39;s enterprise value to EBITDA multiple, which accounts for changes in debt usage, the premium is even more elevated:</p><p><img src=\"https://static.tigerbbs.com/baaa22202f5647a0fc86b254919c4941\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Right now, based on current estimates, NVIDIA&#39;s EV/EBITDA multiple is 140% higher than it was, on average, over the last decade. I do not see a good reason for a way higher valuation at a time when NVIDIA is facing considerable headwinds, when the economy is cooling and a recession becomes more likely, and when interest rates are at a 10-year-high, which should compress equity valuations, all else equal.</p><p><b>Takeaway</b></p><p>NVIDIA is not a bad company, but even good companies can be bad investments at the wrong price, as Cisco (CSCO) and Microsoft (MSFT) have proven during the dot.com bubble.</p><p>NVIDIA has rebounded massively from the lows seen this fall, and that seems way overblown to me. Right now, following this 60% rise in its share price, NVIDIA is trading at a substantial premium relative to its historic valuation, despite ongoing headwinds. I do not believe that this massive rally in NVIDIA&#39;s shares is justified, and do not believe that chasing shares is a good idea as they are now historically expensive while results will likely be very weak for the next two quarters.</p></body></html>","source":"seekingalpha_fund","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>Nvidia: The Share Price Looks Dangerously High</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nNvidia: The Share Price Looks Dangerously High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4565002-nvidia-the-share-price-looks-dangerously-high><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNVIDIA is facing major headwinds. Its near-term results will likely be pretty bad.NVIDIA has seen its shares rise 60% from the lows set this fall, despite no meaningful good news, and despite ...</p>\n\n<a href=\"https://seekingalpha.com/article/4565002-nvidia-the-share-price-looks-dangerously-high\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4565002-nvidia-the-share-price-looks-dangerously-high","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100666913","content_text":"SummaryNVIDIA is facing major headwinds. Its near-term results will likely be pretty bad.NVIDIA has seen its shares rise 60% from the lows set this fall, despite no meaningful good news, and despite the earnings outlook worsening.This seems totally unjustified to me, and NVIDIA's shares are now dangerously expensive, trading at a major premium compared to the historic norm.Article ThesisNVIDIA Corporation (NASDAQ:NVDA) is a quality company but faces considerable growth headwinds and had a pretty weak third quarter. And yet, shares have risen by a massive 60% from the recent lows already, despite the fact that earnings estimates continue to fall. Shares are now trading at a very elevated valuation again, which does not seem justified to me. While NVIDIA arguably was attractively priced at the lows seen this fall, they have now risen too much too fast, I believe.NVIDIA Experiences Major Growth ProblemsNot all semiconductor companies are created equal. Some have always been growing at a low pace and were focused on dividends, while others have always been cyclical, such as Micron (MU). NVIDIA was seen as a fast-growing company for a long time, but that is over, at least for now. The company has reported a deeply negative revenue comparison for the most recent quarter, and it's likely that revenues will be down during the next two quarters as well, with forecasted sales declines in the 20%+ range.That is attributable to several headwinds. First, the ongoing crypto winter hurts demands from Ethereum miners. While Bitcoin can't be mined with GPUs efficiently, Ethereum and Ethereum-like cryptocurrencies can be mined with GPUs. While crypto prices were high, miners bought up GPUs from NVIDIA and others at a rapid pace, which was beneficial for NVIDIA's sales volumes and its margins. With crypto prices standing where they are today, cryptocurrency mining has become a lot less profitable, and demand for new GPUs from miners has vanished. Even worse, some miners have started to sell the GPUs that they bought in the past, which adds additional supply to the market, thereby depressing prices further.Since interest rates continue to climb, it seems unlikely to me that cryptocurrencies will rise a lot in the foreseeable future. Demand from cryptocurrency miners will thus likely not come back in a big way in the foreseeable future.At the same time, NVIDIA is also facing headwinds from inflation and rising interest rates. Those pressure the disposable incomes of consumers, as they have to pay more for their mortgages and their needs, such as food, energy, and so on. They thus have less cash available to spend on wants, which includes new PCs and gaming equipment. With consumers' pockets getting pinched, fewer consumers are willing to pay the very high prices for high-end graphic cards that NVIDIA was able to demand during the pandemic when consumers were flush with cash thanks to fiscal and monetary stimulus and when other ways of consumer spending, such as travel, were not possible. With consumers now either reducing their overall consumer spending on wants or diverting their spending towards experiences such as travel, concerts, etc. instead of \"stay-at-home\" spending such as gaming equipment, NVIDIA's sales outlook in the consumer segment is being hurt.Last but not least, NVIDIA is also being hurt by new regulations that hurt NVIDIA's ability to sell high-end semiconductors to China. NVIDIA has stated in a filing that this regulation could block it from selling some of its newest AI chips, such as the A100 and H100 series, and that $400 million in booked orders were at risk. It seems likely to me that this will not be a one-time issue. Instead, it seems possible to likely that additional regulation will be coming in the foreseeable future, and that NVIDIA's business in China could face even larger headwinds going forward. It should be noted that the same holds true for some of NVIDIA's peers that will also be impacted by these rules.Recent Results Were Bad, And The Next Two Quarters Will Likely Be Bad As WellNVIDIA reported its most recent quarterly results in November. Sales dropped by a hefty 17% year over year, and profits were cut in half. That's not really fitting for a company that is seen as a major growth player and that is trading at a pretty high valuation.There were some positives in the report, such as NVIDIA's strong data center sales. But even those weren't sufficient to offset the headwinds that NVIDIA experienced in other business areas, such as gaming.NVIDIA's underperformance versus Advanced Micro Devices (AMD) was noteworthy, as the latter was able to push out a huge 29% revenue gain in its most recent quarter, despite also facing some of the headwinds that NVIDIA is suffering from. It looks like AMD is managing those a lot better, partially due to the fact that it isn't as heavily impacted by the crypto winter relative to NVIDIA.Even worse, NVIDIA looks like it will report even worse results for the next two quarters. Right now, analysts are forecasting that NVIDIA's revenue decline rate will accelerate to more than 20% for the current quarter and the one after that, i.e. Q4 of fiscal 2023 and Q1 of fiscal 2024:Seeking AlphaSales declines of more than 20% are very hurtful, and not at all ordinary for a company like NVIDIA, which has had a pretty consistent revenue growth track record over the last couple of years, even during the pandemic. This is also in stark contrast to AMD's expected performance, as AMD is forecasted to grow its sales by 5% over the next half year. Intel (INTC) is forecasted to see its sales drop by 20%+ in the next two quarters as well, but then again, that's Intel - not a lot of growth is expected from Intel anyways, and the valuation accounts for weak results, with INTC trading for less than 14x forward earnings.The fact that NVIDIA is expected to experience a quite harsh downturn while trading at a pretty high valuation should give investors pause. A company that is priced for massive growth shouldn't experience large business downturns, and a company experiencing a large downturn shouldn't be priced as if it was growing at a massive pace, I believe.The Valuation Is Getting Ridiculously HighNVIDIA's shares have underperformed in 2022, and rightfully so - growth was way weaker than expected, and growth forecasts for the next couple of years have taken a big hit. NVIDIA dropped to less than $110 at one point, where shares arguably were a very solid value, as the near-term headwinds seemed accounted for.Somewhat surprisingly, however, NVIDIA has seen its shares rally by 60% since then. That's a hefty gain for a company the size of NVIDIA, as this pencils out to a $150 billion market capitalization gain in just two months. Was this driven by improving earnings estimates, major upwards revisions to NVIDIA's guidance, or waning macro headwinds? The contrary is true -- macro headwinds such as high inflation, rising rates, and low crypto prices persist, regulation when it comes to AI chip sales to China remains a headwind, and earnings estimates aren't falling. In fact, they have continued to weaken:Seeking AlphaNVIDIA's earnings per share estimates for the next five quarters have dropped massively over the last half-year, and EPS estimates for four out of those five quarters have also declined further over the last three months. It is surprising to see that NVIDIA's share price has nevertheless risen so much in such a short period of time - to me, it seems rather ridiculous that the market is not caring for NVIDIA's weak profit outlook.Looking at expected full-year results, the picture isn't prettier:Seeking AlphaOver the last three months, there were 5x as many EPS downward revisions compared to EPS upward revisions, and the ratio isn't much better when it comes to revenue estimates. In the chart below, we see the massive pullback in EPS estimates over the last year. While analysts were predicting that NVIDIA would earn way more than $10 per share by January 2026 (green line) not too long ago, not even the longest-dating estimates for January 2028 see NVIDIA breaching the $10 per share level.Based on current EPS estimates for this year, NVIDIA is trading at 52x forward earnings today. Let's look at NVIDIA's historic valuation to deduct whether that makes sense:Data by YChartsThe 10-year median earnings multiple is 40, which means that NVIDIA trades at a 30% premium compared to the past average right now. At the same time, interest rates are massively higher today relative to the 10-year average, at 3.5% versus ~2% for the 10-year treasury rate. In theory, higher interest rates should result in lower equity valuations. But in NVIDIA's case, the contrary is true - despite the fact that rates are way higher now, NVIDIA is way more expensive than it used to be.When we look at the company's enterprise value to EBITDA multiple, which accounts for changes in debt usage, the premium is even more elevated:Data by YChartsRight now, based on current estimates, NVIDIA's EV/EBITDA multiple is 140% higher than it was, on average, over the last decade. I do not see a good reason for a way higher valuation at a time when NVIDIA is facing considerable headwinds, when the economy is cooling and a recession becomes more likely, and when interest rates are at a 10-year-high, which should compress equity valuations, all else equal.TakeawayNVIDIA is not a bad company, but even good companies can be bad investments at the wrong price, as Cisco (CSCO) and Microsoft (MSFT) have proven during the dot.com bubble.NVIDIA has rebounded massively from the lows seen this fall, and that seems way overblown to me. Right now, following this 60% rise in its share price, NVIDIA is trading at a substantial premium relative to its historic valuation, despite ongoing headwinds. I do not believe that this massive rally in NVIDIA's shares is justified, and do not believe that chasing shares is a good idea as they are now historically expensive while results will likely be very weak for the next two quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967813542,"gmtCreate":1670292181486,"gmtModify":1676538338438,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9967813542","repostId":"1164500422","repostType":2,"repost":{"id":"1164500422","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1670284039,"share":"https://ttm.financial/m/news/1164500422?lang=&edition=fundamental","pubTime":"2022-12-06 07:47","market":"us","language":"en","title":"Foxconn Sees COVID-Hit iPhone Factory Back at Full Output in Late Dec-Early Jan","url":"https://stock-news.laohu8.com/highlight/detail?id=1164500422","media":"Reuters","summary":"(Reuters) - Apple supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full pro","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/AAPL\">Apple</a> supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Monday, after worker unrest last month disrupted the world&#39;s biggest iPhone factory.</p><p>The world&#39;s largest contract electronics maker later on Monday said revenue in November fell 11.4% year on year reflecting production problems related to COVID-19 controls at the major iPhone factory.</p><p>&#34;At present, the overall epidemic situation has been brought under control with November being the most affected period,&#34; the company said in a statement, adding it has started to recruit new employees and was gradually &#34;restoring production capacity to normal&#34;.</p><p>Foxconn said November revenue for its smart consumer electronics business, which includes smartphones, declined year on year partly due to a portion of shipments being impacted by production disruptions in Zhengzhou. It did not elaborate.</p><p>The Zhengzhou plant has been grappling with strict COVID-19 restrictions that have fuelleddiscontentamong workers over conditions at the factory. Production of the Apple device was disrupted ahead of Christmas and January&#39;s Lunar New Year holidays, with many workers either having to isolate to combat the spread of the virus or fleeing the plant.</p><p>Following the November unrest, that saw workers clash with security personnel, Foxconn could have seen more than 30% of the Zhengzhou site&#39;s November production affected,Reuters reportedlast month citing a source familiar with the matter. Foxconn hasn&#39;t disclosed details of the impact of the disruption on its production plans or finances.</p><p>Analysts say Foxconn assembles around 70% of iPhones, and the Zhengzhou plant produces the majority of its premium models including iPhone 14 Pro.</p><p>&#34;The capacity is now being gradually resumed&#34; with new staff hiring under way, said the person with direct knowledge of the matter. The person declined to the named as the information was private.</p><p>&#34;If the recruitment goes smoothly, it could take around three to four weeks to resume full production,&#34; the person said, pointing to a period around late December to early January.</p><p>Foxconn and the local government are working hard on the recruitment drive but many uncertainties remain, according to the source. The person cited &#34;fears&#34; some workers might have about working for the company after the plant was hit by protests last month that sometimes turned violent.</p><p>&#34;We are firing on all cylinders on the recruitment,&#34; the person said.</p><p>Foxconn declined to comment.</p><p>A second Foxconn source familiar with the matter said the company is hoping to resume full production &#34;as soon as possible&#34; but was not able to give a timeline.</p><p>&#34;The situation has stabilised,&#34; the person said, referring to the protests and the government&#39;s easing of COVID restrictions. &#34;The local government is actively helping with the resumption.&#34;</p><p>The Taiwanese company said last month it expects a slight decline in fourth-quarter revenues year-on-year for its smart consumer electronics business and significant growth for cloud and network products.</p><p>Foxconn said on Monday its overall revenue in the fourth quarter was expected to be &#34;roughly in line with market consensus&#34;, without elaborating. It did not offer a fresh outlook for its various business sectors.</p><p>The company said last month that revenue in the final three months of this year would be flattish, and that it has a relatively conservative outlook for 2023.read more</p></body></html>","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>Foxconn Sees COVID-Hit iPhone Factory Back at Full Output in Late Dec-Early Jan</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nFoxconn Sees COVID-Hit iPhone Factory Back at Full Output in Late Dec-Early Jan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-06 07:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/AAPL\">Apple</a> supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Monday, after worker unrest last month disrupted the world&#39;s biggest iPhone factory.</p><p>The world&#39;s largest contract electronics maker later on Monday said revenue in November fell 11.4% year on year reflecting production problems related to COVID-19 controls at the major iPhone factory.</p><p>&#34;At present, the overall epidemic situation has been brought under control with November being the most affected period,&#34; the company said in a statement, adding it has started to recruit new employees and was gradually &#34;restoring production capacity to normal&#34;.</p><p>Foxconn said November revenue for its smart consumer electronics business, which includes smartphones, declined year on year partly due to a portion of shipments being impacted by production disruptions in Zhengzhou. It did not elaborate.</p><p>The Zhengzhou plant has been grappling with strict COVID-19 restrictions that have fuelleddiscontentamong workers over conditions at the factory. Production of the Apple device was disrupted ahead of Christmas and January&#39;s Lunar New Year holidays, with many workers either having to isolate to combat the spread of the virus or fleeing the plant.</p><p>Following the November unrest, that saw workers clash with security personnel, Foxconn could have seen more than 30% of the Zhengzhou site&#39;s November production affected,Reuters reportedlast month citing a source familiar with the matter. Foxconn hasn&#39;t disclosed details of the impact of the disruption on its production plans or finances.</p><p>Analysts say Foxconn assembles around 70% of iPhones, and the Zhengzhou plant produces the majority of its premium models including iPhone 14 Pro.</p><p>&#34;The capacity is now being gradually resumed&#34; with new staff hiring under way, said the person with direct knowledge of the matter. The person declined to the named as the information was private.</p><p>&#34;If the recruitment goes smoothly, it could take around three to four weeks to resume full production,&#34; the person said, pointing to a period around late December to early January.</p><p>Foxconn and the local government are working hard on the recruitment drive but many uncertainties remain, according to the source. The person cited &#34;fears&#34; some workers might have about working for the company after the plant was hit by protests last month that sometimes turned violent.</p><p>&#34;We are firing on all cylinders on the recruitment,&#34; the person said.</p><p>Foxconn declined to comment.</p><p>A second Foxconn source familiar with the matter said the company is hoping to resume full production &#34;as soon as possible&#34; but was not able to give a timeline.</p><p>&#34;The situation has stabilised,&#34; the person said, referring to the protests and the government&#39;s easing of COVID restrictions. &#34;The local government is actively helping with the resumption.&#34;</p><p>The Taiwanese company said last month it expects a slight decline in fourth-quarter revenues year-on-year for its smart consumer electronics business and significant growth for cloud and network products.</p><p>Foxconn said on Monday its overall revenue in the fourth quarter was expected to be &#34;roughly in line with market consensus&#34;, without elaborating. It did not offer a fresh outlook for its various business sectors.</p><p>The company said last month that revenue in the final three months of this year would be flattish, and that it has a relatively conservative outlook for 2023.read more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164500422","content_text":"(Reuters) - Apple supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Monday, after worker unrest last month disrupted the world's biggest iPhone factory.The world's largest contract electronics maker later on Monday said revenue in November fell 11.4% year on year reflecting production problems related to COVID-19 controls at the major iPhone factory.\"At present, the overall epidemic situation has been brought under control with November being the most affected period,\" the company said in a statement, adding it has started to recruit new employees and was gradually \"restoring production capacity to normal\".Foxconn said November revenue for its smart consumer electronics business, which includes smartphones, declined year on year partly due to a portion of shipments being impacted by production disruptions in Zhengzhou. It did not elaborate.The Zhengzhou plant has been grappling with strict COVID-19 restrictions that have fuelleddiscontentamong workers over conditions at the factory. Production of the Apple device was disrupted ahead of Christmas and January's Lunar New Year holidays, with many workers either having to isolate to combat the spread of the virus or fleeing the plant.Following the November unrest, that saw workers clash with security personnel, Foxconn could have seen more than 30% of the Zhengzhou site's November production affected,Reuters reportedlast month citing a source familiar with the matter. Foxconn hasn't disclosed details of the impact of the disruption on its production plans or finances.Analysts say Foxconn assembles around 70% of iPhones, and the Zhengzhou plant produces the majority of its premium models including iPhone 14 Pro.\"The capacity is now being gradually resumed\" with new staff hiring under way, said the person with direct knowledge of the matter. The person declined to the named as the information was private.\"If the recruitment goes smoothly, it could take around three to four weeks to resume full production,\" the person said, pointing to a period around late December to early January.Foxconn and the local government are working hard on the recruitment drive but many uncertainties remain, according to the source. The person cited \"fears\" some workers might have about working for the company after the plant was hit by protests last month that sometimes turned violent.\"We are firing on all cylinders on the recruitment,\" the person said.Foxconn declined to comment.A second Foxconn source familiar with the matter said the company is hoping to resume full production \"as soon as possible\" but was not able to give a timeline.\"The situation has stabilised,\" the person said, referring to the protests and the government's easing of COVID restrictions. \"The local government is actively helping with the resumption.\"The Taiwanese company said last month it expects a slight decline in fourth-quarter revenues year-on-year for its smart consumer electronics business and significant growth for cloud and network products.Foxconn said on Monday its overall revenue in the fourth quarter was expected to be \"roughly in line with market consensus\", without elaborating. It did not offer a fresh outlook for its various business sectors.The company said last month that revenue in the final three months of this year would be flattish, and that it has a relatively conservative outlook for 2023.read more","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962312622,"gmtCreate":1669722321566,"gmtModify":1676538229053,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962312622","repostId":"1134304339","repostType":2,"repost":{"id":"1134304339","kind":"news","pubTimestamp":1669722059,"share":"https://ttm.financial/m/news/1134304339?lang=&edition=fundamental","pubTime":"2022-11-29 19:40","market":"us","language":"en","title":"TSMC Vs. Intel: I Know Which One I'd Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1134304339","media":"Seeking Alpha","summary":"SummaryTaiwan Semiconductor Manufacturing and Intel are both cheap-looking stocks in the semiconduct","content":"<html><head></head><body><p>Summary</p><ul><li>Taiwan Semiconductor Manufacturing and Intel are both cheap-looking stocks in the semiconductor industry.</li><li>Both are mainstays of value portfolios.</li><li>Intel is cheaper than Taiwan Semiconductor going by trailing multiples, but TSMC has better growth.</li><li>Overall, TSMC looks like a better buy.</li><li>As Warren Buffett says, &#34;better to buy a wonderful company at a fair price than a fair company at a wonderful price.&#34;</li></ul><p><a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing</a> and <a href=\"https://laohu8.com/S/INTC\">Intel</a> are two notable value plays within the semiconductor industry. The former is relatively cheap and growing, with a 13.8 P/E ratio and 38% TTM revenue growth. The latter is truly dirt cheap, with a 1.2 price/book ratio, but is actively shrinking.</p><p>TSMC got some attention this month when Berkshire Hathaway (BRK.B) took a $5 billion position in it. Berkshire&#39;s stake may or may not have been bought by Warren Buffett (some think it was Todd Combs), but it got people interested regardless: TSMC stock rallied 12% the day Berkshire&#39;s buy was disclosed.</p><p>Intel for its part has always had its fans who buy the stock because of its optical cheapness. Few dispute that INTC is struggling, but it is so cheap that a person could conclude the bad news is priced in.</p><p>For me personally, there&#39;s no question that TSMC is a better buy than Intel. Both of these stocks are relatively cheap by the standards of their sector, but the former retains relatively high growth, while the latter is shrinking. Furthermore, there are reasons to believe that TSMC will retain its strong business performance: it still has Apple&#39;s (AAPL) business, whereas Intel lost Apple in the transition to Apple Silicon. Competitive dynamics suggest that Taiwan Semiconductor has a good future, the same is harder to say of Intel. For this reason, I believe that TSMC is actually cheaper than Intel relative to future earnings and is a better buy today.</p><h3>Competitive Landscape</h3><p>When comparing stocks like TSM and INTC, it&#39;s crucial to look at the industry they operate in. If you were to look at these stocks purely based on multiples, you would conclude that INTC is the better value, but when you look at their competitive advantages, you see that TSM has a lot more of them and is therefore more likely to thrive in the future.</p><p>So, what are TSM&#39;s competitive advantages?</p><p>There are many, a few mentioned by Seeking Alpha semiconductor writer Robert Castellano include:</p><p>A 57% market share in semiconductor fabrication, well ahead of the second place name Samsung (OTCPK:SSNLF).</p><p>Higher CAPEX spending than competitors (while still maintaining higher margins).</p><p>A lead over Intel in feature size (TSM is already doing a 3nm process, Intel was rolling out 7nm as late as this past Summer).</p><p>So, TSMC has the current lead over its competitors in market share, and it has technical advantages suggesting that the lead can be maintained.</p><p>You might wonder why I&#39;m comparing TSMC and Intel head-to-head like this, when Intel is best known as a chip designer that sells its own branded products. The reason is that Intel broke into the foundry business last year. Kicking off the new business unit by buying two foundries in Arizona for $20 billion, the company launched &#39;Intel Foundry Services,&#39; its own miniature in-house TSM. As of today, the unit appears to be quite small. In a market share chart by CounterPoint research, Intel Foundry Services isn&#39;t even big enough to get named individually in the chart, instead being bundled in with other small players in the &#39;others&#39; category.</p><p><img src=\"https://static.tigerbbs.com/4e3b31126b39f0b157619a8c44904f91\" tg-width=\"1280\" tg-height=\"1135\" referrerpolicy=\"no-referrer\"/>This could change, of course. Intel Foundry Services is a new business, it could do big things. But as mentioned previously, it&#39;s way behind TSM and Samsung in feature size, which won&#39;t help it in courting buyers who want the latest and greatest chips. A 2017 Wired article covered the importance of fast chips in powering AI algorithms, which sort through enormous quantities of data every second. Feature size partially determines a chip&#39;s speed, as it determines how many nodes can fit on a given amount of space. So, Intel, which plans to launch 7nm chips in 2023, is behind TSMC, which is building 3nm chips and shipping 5nm chips.</p><p>As for the bread and butter of Intel&#39;s business (the fully assembled branded chips), it&#39;s hard to see that recovering any time soon. For one thing, it faces competition from AMD (AMD) in the PC market, for another thing, it lost Apple&#39;s business when that company started designing its own chips. The loss of Apple&#39;s business is a pretty big deal. Apple used to source Intel chips for its entire Mac lineup, now all of the current models use M-series Apple chips. Apple used to be a big moneymaker for Intel. AAPL only occasionally used AMD products, mainly graphics cards, it used Intel chips for all of its core CPUs. So, Apple was a big book of business for Intel, in which it had a huge edge over AMD. Now, though, that business is gone, and Intel is competing with AMD in a market where the latter is gaining share. The competitive picture does not look bullish for Intel.</p><h3>Comparative Valuation</h3><p>Having looked at the competitive dynamics facing TSMC and INTC, we can now look at their valuations side by side. As you&#39;ll see shortly, multiples make Intel look optically cheaper, but TSMC&#39;s growth gives it much more upside in a discounted cash flow model.</p><p>First, let&#39;s take a look at some select multiples for TSMC and Intel side by side.</p><p><img src=\"https://static.tigerbbs.com/8cf468d5853908fc014cb7436f56d26b\" tg-width=\"624\" tg-height=\"258\" referrerpolicy=\"no-referrer\"/>On the surface, it looks like TSMC is more expensive than Intel. But you need to remember that these are all trailing multiples. Seeking Alpha Quant has a 12.3 forward multiple for TSMC, and a 14.3 multiple for Intel. Basically, Seeking Alpha&#39;s Quant system is saying that, at today&#39;s prices, TSM is cheaper relative to future earnings than Intel is.</p><p>So, Intel&#39;s lower multiples are something of a mirage. Or rather, they will prove to have been a mirage if the downward earnings trend continues. It&#39;s possible that Intel&#39;s earnings will someday bottom and the company&#39;s foundry business will make up for what was lost when Apple switched to in-house chip design. But there&#39;s no sign of that happening now.</p><p>Furthermore, a discounted cash flow approach yields a similar result to the one yielded by Seeking Alpha&#39;s forward P/E multiples.</p><p>Here&#39;s how I worked that out:</p><p>If you look at TSMC&#39;s free cash flow per share, you&#39;ll see that it&#39;s around $0.62 (depending on the prevailing exchange rate). One TSM ADR is worth five ordinary shares, so we have $3.1 in FCF/share for the version of TSM that most Western investors buy. According to Seeking Alpha Quant, TSM&#39;s free cash flow per share has grown by 82% over the last 12 months. That&#39;s significant growth, but for argument&#39;s sake, let&#39;s assume that it did not continue. I suspect, given TSM&#39;s impressive competitive position, that it WILL continue growing, but we&#39;ll be conservative here. Even if TSM&#39;s growth slowed to 18% for five years, and then stopped growing after that, it would have a present value of $80.7. The math breaks down like this:</p><p>At 18%, $3.1 in free cash flow grows to $7.09 in five years. In the sixth year, if we assume that there is no further growth, it stays at $7.09. Divide that by the 8% discount rate, and you have a terminal value of $88.62 in year six. Discount that back to the present at 1.08 to the power of 6 (that&#39;s 1.586), and you get $55.88 in present value of terminal value. The individual cash flows in the growth period end up being worth about $24.82, so our overall fair value estimate is $80.7.</p><p>So, I get a slight amount of upside even assuming a severe deceleration in TSM&#39;s revenue growth. Unfortunately, you cannot get such a rosy forecast for Intel. Even if it got its free cash flow growth up to 0%, from the current negative growth rate, no fair value could be calculated, as its free cash flows are negative. In fact, FCF has been going deeper and deeper into the red over the last several quarters! If this trend continues, then Intel&#39;s only value will be as an asset play, where the goal is to buy below book value and profit off an obvious mispricing. With a 1.21 price/book multiple, Intel is not too far from levels where that could work, but it isn&#39;t there just yet.</p><h3>The Bottom Line</h3><p>The bottom line about TSMC and Intel is that one of the two is simply a better business than the other. TSMC is profitable, is growing, has positive cash flows, and has a rock-solid competitive position. Intel on the other hand has negative free cash flow and has been visibly struggling ever since it lost Apple&#39;s business. I do not mean to suggest that INTC&#39;s negative cash flows are a permanent condition: sometimes companies spend money short term to make more long term. But with the limited technical manufacturing capacity INTC has compared to TSMC, it&#39;s hard to see the foundry business taking off, and it faces steep competition from AMD in the CPU business. Sure, Intel&#39;s a little bit cheaper than TSMC going by multiples, but that&#39;s about the only advantage it has. TSMC is the better business, and as Warren Buffett says, &#34;better to buy a wonderful business at a fair price, than a fair business at a wonderful price.&#34;</p></body></html>","source":"seekingalpha","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>TSMC Vs. Intel: I Know Which One I'd Buy</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nTSMC Vs. Intel: I Know Which One I'd Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 19:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4561024-tsmc-vs-intel-stock-i-know-which-one-id-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTaiwan Semiconductor Manufacturing and Intel are both cheap-looking stocks in the semiconductor industry.Both are mainstays of value portfolios.Intel is cheaper than Taiwan Semiconductor going ...</p>\n\n<a href=\"https://seekingalpha.com/article/4561024-tsmc-vs-intel-stock-i-know-which-one-id-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","INTC":"英特尔"},"source_url":"https://seekingalpha.com/article/4561024-tsmc-vs-intel-stock-i-know-which-one-id-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1134304339","content_text":"SummaryTaiwan Semiconductor Manufacturing and Intel are both cheap-looking stocks in the semiconductor industry.Both are mainstays of value portfolios.Intel is cheaper than Taiwan Semiconductor going by trailing multiples, but TSMC has better growth.Overall, TSMC looks like a better buy.As Warren Buffett says, \"better to buy a wonderful company at a fair price than a fair company at a wonderful price.\"Taiwan Semiconductor Manufacturing and Intel are two notable value plays within the semiconductor industry. The former is relatively cheap and growing, with a 13.8 P/E ratio and 38% TTM revenue growth. The latter is truly dirt cheap, with a 1.2 price/book ratio, but is actively shrinking.TSMC got some attention this month when Berkshire Hathaway (BRK.B) took a $5 billion position in it. Berkshire's stake may or may not have been bought by Warren Buffett (some think it was Todd Combs), but it got people interested regardless: TSMC stock rallied 12% the day Berkshire's buy was disclosed.Intel for its part has always had its fans who buy the stock because of its optical cheapness. Few dispute that INTC is struggling, but it is so cheap that a person could conclude the bad news is priced in.For me personally, there's no question that TSMC is a better buy than Intel. Both of these stocks are relatively cheap by the standards of their sector, but the former retains relatively high growth, while the latter is shrinking. Furthermore, there are reasons to believe that TSMC will retain its strong business performance: it still has Apple's (AAPL) business, whereas Intel lost Apple in the transition to Apple Silicon. Competitive dynamics suggest that Taiwan Semiconductor has a good future, the same is harder to say of Intel. For this reason, I believe that TSMC is actually cheaper than Intel relative to future earnings and is a better buy today.Competitive LandscapeWhen comparing stocks like TSM and INTC, it's crucial to look at the industry they operate in. If you were to look at these stocks purely based on multiples, you would conclude that INTC is the better value, but when you look at their competitive advantages, you see that TSM has a lot more of them and is therefore more likely to thrive in the future.So, what are TSM's competitive advantages?There are many, a few mentioned by Seeking Alpha semiconductor writer Robert Castellano include:A 57% market share in semiconductor fabrication, well ahead of the second place name Samsung (OTCPK:SSNLF).Higher CAPEX spending than competitors (while still maintaining higher margins).A lead over Intel in feature size (TSM is already doing a 3nm process, Intel was rolling out 7nm as late as this past Summer).So, TSMC has the current lead over its competitors in market share, and it has technical advantages suggesting that the lead can be maintained.You might wonder why I'm comparing TSMC and Intel head-to-head like this, when Intel is best known as a chip designer that sells its own branded products. The reason is that Intel broke into the foundry business last year. Kicking off the new business unit by buying two foundries in Arizona for $20 billion, the company launched 'Intel Foundry Services,' its own miniature in-house TSM. As of today, the unit appears to be quite small. In a market share chart by CounterPoint research, Intel Foundry Services isn't even big enough to get named individually in the chart, instead being bundled in with other small players in the 'others' category.This could change, of course. Intel Foundry Services is a new business, it could do big things. But as mentioned previously, it's way behind TSM and Samsung in feature size, which won't help it in courting buyers who want the latest and greatest chips. A 2017 Wired article covered the importance of fast chips in powering AI algorithms, which sort through enormous quantities of data every second. Feature size partially determines a chip's speed, as it determines how many nodes can fit on a given amount of space. So, Intel, which plans to launch 7nm chips in 2023, is behind TSMC, which is building 3nm chips and shipping 5nm chips.As for the bread and butter of Intel's business (the fully assembled branded chips), it's hard to see that recovering any time soon. For one thing, it faces competition from AMD (AMD) in the PC market, for another thing, it lost Apple's business when that company started designing its own chips. The loss of Apple's business is a pretty big deal. Apple used to source Intel chips for its entire Mac lineup, now all of the current models use M-series Apple chips. Apple used to be a big moneymaker for Intel. AAPL only occasionally used AMD products, mainly graphics cards, it used Intel chips for all of its core CPUs. So, Apple was a big book of business for Intel, in which it had a huge edge over AMD. Now, though, that business is gone, and Intel is competing with AMD in a market where the latter is gaining share. The competitive picture does not look bullish for Intel.Comparative ValuationHaving looked at the competitive dynamics facing TSMC and INTC, we can now look at their valuations side by side. As you'll see shortly, multiples make Intel look optically cheaper, but TSMC's growth gives it much more upside in a discounted cash flow model.First, let's take a look at some select multiples for TSMC and Intel side by side.On the surface, it looks like TSMC is more expensive than Intel. But you need to remember that these are all trailing multiples. Seeking Alpha Quant has a 12.3 forward multiple for TSMC, and a 14.3 multiple for Intel. Basically, Seeking Alpha's Quant system is saying that, at today's prices, TSM is cheaper relative to future earnings than Intel is.So, Intel's lower multiples are something of a mirage. Or rather, they will prove to have been a mirage if the downward earnings trend continues. It's possible that Intel's earnings will someday bottom and the company's foundry business will make up for what was lost when Apple switched to in-house chip design. But there's no sign of that happening now.Furthermore, a discounted cash flow approach yields a similar result to the one yielded by Seeking Alpha's forward P/E multiples.Here's how I worked that out:If you look at TSMC's free cash flow per share, you'll see that it's around $0.62 (depending on the prevailing exchange rate). One TSM ADR is worth five ordinary shares, so we have $3.1 in FCF/share for the version of TSM that most Western investors buy. According to Seeking Alpha Quant, TSM's free cash flow per share has grown by 82% over the last 12 months. That's significant growth, but for argument's sake, let's assume that it did not continue. I suspect, given TSM's impressive competitive position, that it WILL continue growing, but we'll be conservative here. Even if TSM's growth slowed to 18% for five years, and then stopped growing after that, it would have a present value of $80.7. The math breaks down like this:At 18%, $3.1 in free cash flow grows to $7.09 in five years. In the sixth year, if we assume that there is no further growth, it stays at $7.09. Divide that by the 8% discount rate, and you have a terminal value of $88.62 in year six. Discount that back to the present at 1.08 to the power of 6 (that's 1.586), and you get $55.88 in present value of terminal value. The individual cash flows in the growth period end up being worth about $24.82, so our overall fair value estimate is $80.7.So, I get a slight amount of upside even assuming a severe deceleration in TSM's revenue growth. Unfortunately, you cannot get such a rosy forecast for Intel. Even if it got its free cash flow growth up to 0%, from the current negative growth rate, no fair value could be calculated, as its free cash flows are negative. In fact, FCF has been going deeper and deeper into the red over the last several quarters! If this trend continues, then Intel's only value will be as an asset play, where the goal is to buy below book value and profit off an obvious mispricing. With a 1.21 price/book multiple, Intel is not too far from levels where that could work, but it isn't there just yet.The Bottom LineThe bottom line about TSMC and Intel is that one of the two is simply a better business than the other. TSMC is profitable, is growing, has positive cash flows, and has a rock-solid competitive position. Intel on the other hand has negative free cash flow and has been visibly struggling ever since it lost Apple's business. I do not mean to suggest that INTC's negative cash flows are a permanent condition: sometimes companies spend money short term to make more long term. But with the limited technical manufacturing capacity INTC has compared to TSMC, it's hard to see the foundry business taking off, and it faces steep competition from AMD in the CPU business. Sure, Intel's a little bit cheaper than TSMC going by multiples, but that's about the only advantage it has. TSMC is the better business, and as Warren Buffett says, \"better to buy a wonderful business at a fair price, than a fair business at a wonderful price.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255867766808672,"gmtCreate":1703477872762,"gmtModify":1703477877058,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Let's play everyday and win the prize!","listText":"Let's play everyday and win the prize!","text":"Let's play everyday and win the prize!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/255867766808672","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956493803,"gmtCreate":1674103807702,"gmtModify":1676538923891,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956493803","repostId":"2304398276","repostType":2,"repost":{"id":"2304398276","kind":"highlight","pubTimestamp":1674099652,"share":"https://ttm.financial/m/news/2304398276?lang=&edition=fundamental","pubTime":"2023-01-19 11:40","market":"us","language":"en","title":"Down 22% to 30%, 3 Warren Buffett Dividend Stocks to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2304398276","media":"Motley Fool","summary":"This blend of growth and value provides a range of options for 2023 and beyond.","content":"<html><head></head><body><p>Warren Buffett&#39;s <b>Berkshire Hathaway</b> trounced the <b>S&amp;P 500</b> by more than a 22 percentage-point margin in 2022 -- marking Berkshire&#39;s best performance relative to the market since 2007.</p><p>Luckily for investors, the contents of Berkshire&#39;s equity portfolio are public information. But that doesn&#39;t mean that you should copy Buffett&#39;s holdings exactly.</p><p>Today, <b>Apple</b>, <b>Celanese</b>, and <b>United Parcel Service</b> are three Buffett dividend stocks that stand out more than the rest of the pack. Here&#39;s why.</p><h2>Apple stock is a great value</h2><p><b>Daniel Foelber (Apple):</b> Even after falling more than 25% from its all-time high, Apple remains Berkshire Hathaway&#39;s largest holding -- by far. It makes up 37% of Berkshire&#39;s public equity holdings. But Berkshire didn&#39;t buy the position all at once. In fact, it has been adding to the position regularly since 2016.</p><p>That year, Apple resembled a classic value stock with a powerful brand and a bargain-bin price-to-earnings (P/E) ratio of less than 12. Today, Apple is much more expensive than it used to be -- with a P/E of around 22. But it trades at only a slight premium to the S&amp;P 500&#39;s multiple of 19. And there&#39;s every reason to believe Apple deserves a premium valuation now more than ever.</p><p><img src=\"https://static.tigerbbs.com/fadae7f3b7bbdf6b30aebbedc5d2c316\" tg-width=\"720\" tg-height=\"482\" referrerpolicy=\"no-referrer\"/></p><p>AAPL PE Ratio data by YCharts</p><p>Apple&#39;s bread and butter is still iPhone and Mac sales. But it has successfully expanded the depth and breadth of its product and services offering to create an integrated ecosystem and recurring revenue streams. So far, Apple has mostly stuck to consumer electronics. But the rise of Apple Pay, Apple Card, and Apple Music adds another layer of stickiness for Apple customers.</p><p>Perhaps the most impressive quality of Apple is its operating margin and free cash flow (FCF) yield. The company sports an operating margin of more than 30%, meaning it pockets 30 cents on the dollar in operating income. That is borderline unheard of in the consumer electronics industry. And it&#39;s a testament to Apple&#39;s ability to sell a growing list of premium-priced products and services to its loyal customer base.</p><p>FCF yield is a great way to determine how much extra cash a company has at its disposal for dividends, buybacks, and other use cases. Apple&#39;s FCF yield of 5.1% means the company could theoretically pay a 5.1% dividend yield entirely with FCF, or buy back 5.1% of its own stock per year with cash. That&#39;s a big advantage, because it allows Apple to either use that cash to reinvest in the business or step in and buy its own stock if it is depressed.</p><p>All told, a 22 P/E ratio when the S&amp;P 500&#39;s P/E ratio is 19 seems like a great deal given how powerful Apple&#39;s fundamentals are.</p><h2>Investing like Warren Buffett requires patience</h2><p><b>Lee Samaha (Celanese):</b> The chemical and specialty materials company is going through a difficult period. That includes a cyclical slowdown in the global economy, notably in Europe where the December S&amp;P Purchasing Managers&#39; Index showed chemicals output and new orders declining sharply.</p><p>Given the cyclical exposure of Celanese&#39;s polymers and materials -- which are used across the economy, from automotives to industrial and consumer products, and electronics -- its sales are likely to come under pressure, not least from declining polymer prices. Meanwhile, the company will be busy integrating its $11 billion purchase of the majority of <b>DuPont</b>&#39;s former mobility and materials segment,  a business that&#39;s underperforming Celanese&#39;s management expectations.</p><p>I&#39;ve addressed the near-term negatives first to illustrate why the stock trades at just seven times 2022 earnings expectations and just over eight times 2023 earnings. However, if you can tolerate the potential for near-term lousy news and focus on the long-term picture, the stock, which has declined nearly 37% over the past year, is a good option.</p><p>Plus, the acquisition will add geographic reach to its engineered materials segment and expand Celanese&#39;s leadership in new categories, while management is aiming for $500 million in run-rate synergies -- around 4.1% of estimated 2023 revenue -- within four years of the closing of the deal.</p><p>It all adds up to a company trading at a valuation cheap enough to offset near-term risk but with good long-term opportunities to improve underlying return on assets --a typical Buffett-like investment.</p><h2>Big Brown can deliver big passive income</h2><p><b>Scott Levine (UPS): </b>It may be one of the smallest positions in Berkshire Hathaway&#39;s portfolio, currently worth about $10 million, but that shouldn&#39;t preclude investors who want the reassurance of Buffett-approved dividend payers from picking up shares of UPS and its forward dividend yield of 3.4%.</p><p>While there are numerous companies that have been paying a dividend to shareholders longer than the 23 years that UPS has, it&#39;s important to recognize that UPS only held its initial public offering in 1999. In other words, since its debut on the public markets, UPS has rewarded shareholders with a dividend -- one that&#39;s never been reduced from one year to the next.</p><p>Over the past year, shares of UPS have dropped about 12%, representing a decline consistent with the S&amp;P 500&#39;s fall of about 14%.</p><p>Inauspicious as it may seem, the stock&#39;s fall doesn&#39;t reflect something inherently wrong with the company&#39;s performance. Instead, the stock&#39;s poor performance stems from investors&#39; concerns that an economic downturn could reduce demand for the company&#39;s services. Forward-looking investors, consequently, have the opportunity to grab shares of UPS on the cheap. The stock is currently trading at just under 11 times operating cash flow, representing a discount to its five-year average multiple of 14.</p><p>Averaging a payout ratio of 68% over the past five years, UPS is taking a relatively conservative approach to rewarding shareholders. More than that, though, a quick look at the company&#39;s impressive free cash flow generation shows that the cash allotted for shareholders isn&#39;t jeopardizing the company&#39;s financial health.</p><p><img src=\"https://static.tigerbbs.com/eb07f55bc87f3073b400329d8b73f3c5\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"/></p><p>UPS Total Dividends Paid (Annual) data by YCharts.</p><p>Despite inflationary pressure and other headwinds, UPS still foresees ample free cash flow in 2022 -- about $9 billion.</p></body></html>","source":"fool_stock","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>Down 22% to 30%, 3 Warren Buffett Dividend Stocks to Buy Right Now</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nDown 22% to 30%, 3 Warren Buffett Dividend Stocks to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-19 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/18/3-warren-buffett-dividend-stocks-to-buy-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett's Berkshire Hathaway trounced the S&P 500 by more than a 22 percentage-point margin in 2022 -- marking Berkshire's best performance relative to the market since 2007.Luckily for ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/18/3-warren-buffett-dividend-stocks-to-buy-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","UPS":"联合包裹","CE":"塞拉尼斯"},"source_url":"https://www.fool.com/investing/2023/01/18/3-warren-buffett-dividend-stocks-to-buy-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2304398276","content_text":"Warren Buffett's Berkshire Hathaway trounced the S&P 500 by more than a 22 percentage-point margin in 2022 -- marking Berkshire's best performance relative to the market since 2007.Luckily for investors, the contents of Berkshire's equity portfolio are public information. But that doesn't mean that you should copy Buffett's holdings exactly.Today, Apple, Celanese, and United Parcel Service are three Buffett dividend stocks that stand out more than the rest of the pack. Here's why.Apple stock is a great valueDaniel Foelber (Apple): Even after falling more than 25% from its all-time high, Apple remains Berkshire Hathaway's largest holding -- by far. It makes up 37% of Berkshire's public equity holdings. But Berkshire didn't buy the position all at once. In fact, it has been adding to the position regularly since 2016.That year, Apple resembled a classic value stock with a powerful brand and a bargain-bin price-to-earnings (P/E) ratio of less than 12. Today, Apple is much more expensive than it used to be -- with a P/E of around 22. But it trades at only a slight premium to the S&P 500's multiple of 19. And there's every reason to believe Apple deserves a premium valuation now more than ever.AAPL PE Ratio data by YChartsApple's bread and butter is still iPhone and Mac sales. But it has successfully expanded the depth and breadth of its product and services offering to create an integrated ecosystem and recurring revenue streams. So far, Apple has mostly stuck to consumer electronics. But the rise of Apple Pay, Apple Card, and Apple Music adds another layer of stickiness for Apple customers.Perhaps the most impressive quality of Apple is its operating margin and free cash flow (FCF) yield. The company sports an operating margin of more than 30%, meaning it pockets 30 cents on the dollar in operating income. That is borderline unheard of in the consumer electronics industry. And it's a testament to Apple's ability to sell a growing list of premium-priced products and services to its loyal customer base.FCF yield is a great way to determine how much extra cash a company has at its disposal for dividends, buybacks, and other use cases. Apple's FCF yield of 5.1% means the company could theoretically pay a 5.1% dividend yield entirely with FCF, or buy back 5.1% of its own stock per year with cash. That's a big advantage, because it allows Apple to either use that cash to reinvest in the business or step in and buy its own stock if it is depressed.All told, a 22 P/E ratio when the S&P 500's P/E ratio is 19 seems like a great deal given how powerful Apple's fundamentals are.Investing like Warren Buffett requires patienceLee Samaha (Celanese): The chemical and specialty materials company is going through a difficult period. That includes a cyclical slowdown in the global economy, notably in Europe where the December S&P Purchasing Managers' Index showed chemicals output and new orders declining sharply.Given the cyclical exposure of Celanese's polymers and materials -- which are used across the economy, from automotives to industrial and consumer products, and electronics -- its sales are likely to come under pressure, not least from declining polymer prices. Meanwhile, the company will be busy integrating its $11 billion purchase of the majority of DuPont's former mobility and materials segment,  a business that's underperforming Celanese's management expectations.I've addressed the near-term negatives first to illustrate why the stock trades at just seven times 2022 earnings expectations and just over eight times 2023 earnings. However, if you can tolerate the potential for near-term lousy news and focus on the long-term picture, the stock, which has declined nearly 37% over the past year, is a good option.Plus, the acquisition will add geographic reach to its engineered materials segment and expand Celanese's leadership in new categories, while management is aiming for $500 million in run-rate synergies -- around 4.1% of estimated 2023 revenue -- within four years of the closing of the deal.It all adds up to a company trading at a valuation cheap enough to offset near-term risk but with good long-term opportunities to improve underlying return on assets --a typical Buffett-like investment.Big Brown can deliver big passive incomeScott Levine (UPS): It may be one of the smallest positions in Berkshire Hathaway's portfolio, currently worth about $10 million, but that shouldn't preclude investors who want the reassurance of Buffett-approved dividend payers from picking up shares of UPS and its forward dividend yield of 3.4%.While there are numerous companies that have been paying a dividend to shareholders longer than the 23 years that UPS has, it's important to recognize that UPS only held its initial public offering in 1999. In other words, since its debut on the public markets, UPS has rewarded shareholders with a dividend -- one that's never been reduced from one year to the next.Over the past year, shares of UPS have dropped about 12%, representing a decline consistent with the S&P 500's fall of about 14%.Inauspicious as it may seem, the stock's fall doesn't reflect something inherently wrong with the company's performance. Instead, the stock's poor performance stems from investors' concerns that an economic downturn could reduce demand for the company's services. Forward-looking investors, consequently, have the opportunity to grab shares of UPS on the cheap. The stock is currently trading at just under 11 times operating cash flow, representing a discount to its five-year average multiple of 14.Averaging a payout ratio of 68% over the past five years, UPS is taking a relatively conservative approach to rewarding shareholders. More than that, though, a quick look at the company's impressive free cash flow generation shows that the cash allotted for shareholders isn't jeopardizing the company's financial health.UPS Total Dividends Paid (Annual) data by YCharts.Despite inflationary pressure and other headwinds, UPS still foresees ample free cash flow in 2022 -- about $9 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953378479,"gmtCreate":1673177612891,"gmtModify":1676538795218,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Let's play!","listText":"Let's play!","text":"Let's play!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953378479","isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927978716,"gmtCreate":1672383510035,"gmtModify":1676538682723,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927978716","repostId":"1143531577","repostType":2,"repost":{"id":"1143531577","kind":"news","pubTimestamp":1672378998,"share":"https://ttm.financial/m/news/1143531577?lang=&edition=fundamental","pubTime":"2022-12-30 13:43","market":"us","language":"en","title":"Berkshire Hathaway: The Apple Risk","url":"https://stock-news.laohu8.com/highlight/detail?id=1143531577","media":"Seeking Alpha","summary":"SummaryBerkshire Hathaway is a financial fortress, but BRK.B still comes with risk. One of those is ","content":"<html><head></head><body><h2>Summary</h2><ul><li>Berkshire Hathaway is a financial fortress, but BRK.B still comes with risk. One of those is what I like to call, &#34;The Apple Risk.&#34;</li><li>I&#39;ll explain why I sold my BRK.B shares, taking a deep dive into Berkshire&#39;s stock portfolio.</li><li>Berkshire trades at 16x my estimate of normalized earnings. In the decade ahead, I&#39;m estimating returns of 7% per annum.</li></ul><p><img src=\"https://static.tigerbbs.com/721470e4eb41b5f55839fdebde304370\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2>Intro</h2><p>Buffett&#39;s often said Berkshire won&#39;t be one of the best performing stocks in the market, nor will it be one of the worst. I&#39;d generally agree with this statement, and maintain a &#34;hold&#34; rating on BRK.B. We&#39;ll dig into Berkshire&#39;s normalized earnings and expected returns, aswell as &#34;The Apple Risk.&#34; In the decade ahead, I estimate returns of 7% per annum for Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A).</p><h2>Berkshire&#39;s Normalized Earnings</h2><p>Berkshire has two main arms, its investments, and its operating businesses. As of last quarter, the company had a $296 billion stock portfolio. Here are its top holdings:</p><table><tbody><tr><td><b>Company:</b></td><td><b>% of Portfolio</b></td><td><b>% of Company Owned</b></td><td><b>Berkshire&#39;s Share of Earnings</b></td></tr><tr><td>Apple (AAPL)</td><td>42%</td><td>5.5%</td><td>$5.5 Billion</td></tr><tr><td>Bank of America (BAC)</td><td>10%</td><td>12.5%</td><td>$3.4 Billion</td></tr><tr><td><p>Chevron Corporation (CVX)</p></td><td>8%</td><td>8.5%</td><td>$2.9 Billion</td></tr><tr><td>Coca-Cola (KO)</td><td>8%</td><td>9.2%</td><td>$0.9 Billion</td></tr><tr><td>American Express Co. (AXP)</td><td>7%</td><td>20%</td><td>$1.5 Billion</td></tr><tr><td>Occidental Petroleum (OXY)</td><td>4%</td><td>20.7%</td><td>$2.5 Billion</td></tr><tr><td>Kraft Heinz (KHC)</td><td>4%</td><td>26.6%</td><td>$0.3 Billion</td></tr></tbody></table><p>These stocks make up 83% of Berkshire&#39;s equity portfolio, and account for $17 Billion of earnings attributable to Berkshire. I&#39;ve estimated Berkshire&#39;s share of earnings from the entire portfolio to be around <i><b>$20.5 billion</b></i>.</p><p>As for the operating businesses, they&#39;ve averaged about$26.5 billionof operating earnings over the past three years. This figure excludes gains and losses in Berkshire&#39;s stock portfolio, but includes dividends. If we subtract the roughly $5 billion of dividends Berkshire tends to receive from Apple, Bank of America, and the like, you can see that the wholly owned businesses, BNSF, BHE, and others earned an average of <i><b>$21.5 billion</b></i> over the past three years.</p><p>Now, add the two bolded numbers together, and you get <b>$42 billion</b> of normalized earnings power. This gives Berkshire at normalized PE of 16.</p><h2>Is Now A Good Time To Buy?</h2><p>Over the past five years, this is about as expensive as Berkshire&#39;s been on a price to book basis. But, zoom out a little further, and you&#39;ll see a different story:</p><p><img src=\"https://static.tigerbbs.com/03c8f74c026ba45cf79f1c591166e360\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>Financial companies, like Berkshire&#39;s insurance arm, traded at much higher valuations from 1995 to 2005. Interest rates remained moderately higher throughout this period, especially when compared to the past 10 years. If the U.S. economy can maintain interest rates around 4-5% again, there could be a bull market in financials (Banks, insurance companies, etc. would benefit).</p><p>I believe now is neither a favorable time to buy, nor a favorable time to sell Berkshire stock. In my base-case scenario, I&#39;m seeing returns of 7% per annum for long-term shareholders.</p><h2><b>The Mechanics Of A 7% Annual Return</b></h2><p>My 2033 price target for BRK.B is $590 per share.</p><ul><li>If we divide Berkshire&#39;s $42 billion of normalized earnings by itsshares outstanding, we get EPS of $19.12.</li><li>Berkshire grows its earnings through buybacks, acquisitions, insurance float, and the growth of its many subsidiaries and investees. The company is a giant compounding machine. Berkshire is so large at this point, that it nearly embodies the U.S. economy. After buybacks, I expect Berkshire to grow its normalized EPS at 7.5% per annum, effectively doubling EPS by 2033 and earning $39.40 per share.</li><li>I&#39;ve applied a terminal multiple of 15 (Themedian PEof the S&amp;P 500 over the past 150 years).</li></ul><p>Note that if Berkshire grows its book value per share at 7% per annum and trades at a price to book of 1.5x in 10 years&#39; time, you&#39;d get a nearly identical result.</p><h2>Why I Sold My Shares - The Apple Risk</h2><p>I purchased Berkshire shares in 2020 and early 2021 for an average price of $234 per share. At the time, Berkshire was very out of favor. High-flying tech was the place to be, and Warren Buffett was &#34;washed up.&#34; He sold banks and airlines at a loss in 2020 after-all, and didn&#39;t own Tesla (TSLA). I still believe Buffett made the right moves divesting from the airlines, which now have terrible balance sheets. And, it&#39;s obvious he did the right thing in avoiding the tech bubble.</p><p>So why did I sell? First of all, Berkshire&#39;s share price and valuation ran up a great deal in a short period of time. I was seeinglower returns ahead. Also, I was not a fan of Berkshire&#39;s enormous Apple position. The position is now 42% of Berkshire&#39;s stock portfolio and accounts for 27% of Berkshire&#39;s book value. That&#39;s an enormous chunk of change. I wrote a bearisharticleon Apple a few months ago, its stock&#39;s been plummeting since. Apple has cyclical profits, and appeared to me to be at a peak in the cycle. This may continue to weigh on Berkshire&#39;s book value going forward. Apple is definitely not a Graham and Dodd type stock, it trades at a price to book of 39x:</p><p><img src=\"https://static.tigerbbs.com/d8784864d98fdcc4df090b234bc8a96b\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>Apple isn&#39;t the only low return stock Buffett owns either, stocks like Chevron (CVX) and Coca-Cola (KO) have become very popular of late. It&#39;s difficult to pencil out a decent return from here for these equity positions.</p><p>The other issues are Berkshire&#39;s heavy exposure to the U.S. economy, which has been on fire over the past five years, as well as Berkshire&#39;s cumbersome ability to move capital around, due to its size.</p><h2>In Conclusion</h2><p>Berkshire Hathaway is a very respectable investment, and it has a decent chance to outperform the S&amp;P 500 in the decade ahead. But, the days of an automatic 10% per annum may be in the rearview mirror. Since selling down to book value in 2020, Berkshire has gained in popularity. The company&#39;s capital allocation is not as agile as it once was. Bill Ackman&#39;s team at Pershing Square (OTCPK:PSHZF) has discussed thisat length. This makes it difficult for Buffett to exit his Apple stake, which accounted for 27% of Berkshire&#39;s book value last quarter. Apple&#39;s been selling off of late, after a tremendous run-up in 2020 and 2021. This may continue to be a drag on Berkshire’s book value. With an expected return of 7% per annum, I maintain a &#34;hold&#34; rating on BRK.B.</p></body></html>","source":"seekingalpha_fund","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>Berkshire Hathaway: The Apple Risk</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nBerkshire Hathaway: The Apple Risk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-30 13:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4566841-berkshire-hathaway-the-apple-risk><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBerkshire Hathaway is a financial fortress, but BRK.B still comes with risk. One of those is what I like to call, \"The Apple Risk.\"I'll explain why I sold my BRK.B shares, taking a deep dive ...</p>\n\n<a href=\"https://seekingalpha.com/article/4566841-berkshire-hathaway-the-apple-risk\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4566841-berkshire-hathaway-the-apple-risk","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143531577","content_text":"SummaryBerkshire Hathaway is a financial fortress, but BRK.B still comes with risk. One of those is what I like to call, \"The Apple Risk.\"I'll explain why I sold my BRK.B shares, taking a deep dive into Berkshire's stock portfolio.Berkshire trades at 16x my estimate of normalized earnings. In the decade ahead, I'm estimating returns of 7% per annum.IntroBuffett's often said Berkshire won't be one of the best performing stocks in the market, nor will it be one of the worst. I'd generally agree with this statement, and maintain a \"hold\" rating on BRK.B. We'll dig into Berkshire's normalized earnings and expected returns, aswell as \"The Apple Risk.\" In the decade ahead, I estimate returns of 7% per annum for Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A).Berkshire's Normalized EarningsBerkshire has two main arms, its investments, and its operating businesses. As of last quarter, the company had a $296 billion stock portfolio. Here are its top holdings:Company:% of Portfolio% of Company OwnedBerkshire's Share of EarningsApple (AAPL)42%5.5%$5.5 BillionBank of America (BAC)10%12.5%$3.4 BillionChevron Corporation (CVX)8%8.5%$2.9 BillionCoca-Cola (KO)8%9.2%$0.9 BillionAmerican Express Co. (AXP)7%20%$1.5 BillionOccidental Petroleum (OXY)4%20.7%$2.5 BillionKraft Heinz (KHC)4%26.6%$0.3 BillionThese stocks make up 83% of Berkshire's equity portfolio, and account for $17 Billion of earnings attributable to Berkshire. I've estimated Berkshire's share of earnings from the entire portfolio to be around $20.5 billion.As for the operating businesses, they've averaged about$26.5 billionof operating earnings over the past three years. This figure excludes gains and losses in Berkshire's stock portfolio, but includes dividends. If we subtract the roughly $5 billion of dividends Berkshire tends to receive from Apple, Bank of America, and the like, you can see that the wholly owned businesses, BNSF, BHE, and others earned an average of $21.5 billion over the past three years.Now, add the two bolded numbers together, and you get $42 billion of normalized earnings power. This gives Berkshire at normalized PE of 16.Is Now A Good Time To Buy?Over the past five years, this is about as expensive as Berkshire's been on a price to book basis. But, zoom out a little further, and you'll see a different story:Data byYChartsFinancial companies, like Berkshire's insurance arm, traded at much higher valuations from 1995 to 2005. Interest rates remained moderately higher throughout this period, especially when compared to the past 10 years. If the U.S. economy can maintain interest rates around 4-5% again, there could be a bull market in financials (Banks, insurance companies, etc. would benefit).I believe now is neither a favorable time to buy, nor a favorable time to sell Berkshire stock. In my base-case scenario, I'm seeing returns of 7% per annum for long-term shareholders.The Mechanics Of A 7% Annual ReturnMy 2033 price target for BRK.B is $590 per share.If we divide Berkshire's $42 billion of normalized earnings by itsshares outstanding, we get EPS of $19.12.Berkshire grows its earnings through buybacks, acquisitions, insurance float, and the growth of its many subsidiaries and investees. The company is a giant compounding machine. Berkshire is so large at this point, that it nearly embodies the U.S. economy. After buybacks, I expect Berkshire to grow its normalized EPS at 7.5% per annum, effectively doubling EPS by 2033 and earning $39.40 per share.I've applied a terminal multiple of 15 (Themedian PEof the S&P 500 over the past 150 years).Note that if Berkshire grows its book value per share at 7% per annum and trades at a price to book of 1.5x in 10 years' time, you'd get a nearly identical result.Why I Sold My Shares - The Apple RiskI purchased Berkshire shares in 2020 and early 2021 for an average price of $234 per share. At the time, Berkshire was very out of favor. High-flying tech was the place to be, and Warren Buffett was \"washed up.\" He sold banks and airlines at a loss in 2020 after-all, and didn't own Tesla (TSLA). I still believe Buffett made the right moves divesting from the airlines, which now have terrible balance sheets. And, it's obvious he did the right thing in avoiding the tech bubble.So why did I sell? First of all, Berkshire's share price and valuation ran up a great deal in a short period of time. I was seeinglower returns ahead. Also, I was not a fan of Berkshire's enormous Apple position. The position is now 42% of Berkshire's stock portfolio and accounts for 27% of Berkshire's book value. That's an enormous chunk of change. I wrote a bearisharticleon Apple a few months ago, its stock's been plummeting since. Apple has cyclical profits, and appeared to me to be at a peak in the cycle. This may continue to weigh on Berkshire's book value going forward. Apple is definitely not a Graham and Dodd type stock, it trades at a price to book of 39x:Data byYChartsApple isn't the only low return stock Buffett owns either, stocks like Chevron (CVX) and Coca-Cola (KO) have become very popular of late. It's difficult to pencil out a decent return from here for these equity positions.The other issues are Berkshire's heavy exposure to the U.S. economy, which has been on fire over the past five years, as well as Berkshire's cumbersome ability to move capital around, due to its size.In ConclusionBerkshire Hathaway is a very respectable investment, and it has a decent chance to outperform the S&P 500 in the decade ahead. But, the days of an automatic 10% per annum may be in the rearview mirror. Since selling down to book value in 2020, Berkshire has gained in popularity. The company's capital allocation is not as agile as it once was. Bill Ackman's team at Pershing Square (OTCPK:PSHZF) has discussed thisat length. This makes it difficult for Buffett to exit his Apple stake, which accounted for 27% of Berkshire's book value last quarter. Apple's been selling off of late, after a tremendous run-up in 2020 and 2021. This may continue to be a drag on Berkshire’s book value. With an expected return of 7% per annum, I maintain a \"hold\" rating on BRK.B.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926413626,"gmtCreate":1671602505665,"gmtModify":1676538562620,"author":{"id":"4099457028807340","authorId":"4099457028807340","name":"WLing","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099457028807340","authorIdStr":"4099457028807340"},"themes":[],"htmlText":"Let's play!","listText":"Let's play!","text":"Let's play!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926413626","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}