Profile - To The Moon

Kubbon

Posts · 9Posts · 9
Following · 0Following · 0
Followers · 0Followers · 0

- KubbonKubbon
  ·2021-08-06
  Thanks for sharing(:
  Buy These 2 Stocks to Be Ready for the Market Crash
  A good offense is your best defense against a down market.
  Buy These 2 Stocks to Be Ready for the Market Crash
  217 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-05-30
  Great ariticle, would you like to share it?
  Sorry, this post has been deleted
  315 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-05-24
  Great ariticle, would you like to share it?
  Sorry, this post has been deleted
  299 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-05-24
  Great ariticle, would you like to share it?
  Nvidia announces four-for-one stock split
  Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtu
  Nvidia announces four-for-one stock split
  306 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-05-24
  Great ariticle, would you like to share it?
  Sorry, this post has been deleted
  262 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-05-19
  Great ariticle, would you like to share it?
  These 2 Nasdaq Stock Winners Could Change the World
  The stock market had a tough day on Monday, and once again, negative attention centered on theNasdaq
  These 2 Nasdaq Stock Winners Could Change the World
  300 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-05-19
  Great ariticle, would you like to share it?
  These growth companies may be primed for massive stock buybacks
  Free cash flow can highlight growth stocks that may be supported by share repurchases. Apple is expe
  These growth companies may be primed for massive stock buybacks
  294 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-05-18
  Great ariticle, would you like to share it?
  Sorry, this post has been deleted
  236 Comment
  Like
  Share
  Report
- KubbonKubbon
  ·2021-04-04
  Great ariticle, would you like to share it?
  How Likely Is a Stock Market Crash?
  You may not like the answer. For the past year, investors have enjoyed one of the greatest bounce-b
  How Likely Is a Stock Market Crash?
  330 Comment
  Like
  Share
  Report
No following yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3573125338979065","uuid":"3573125338979065","gmtCreate":1610239940917,"gmtModify":1610239940917,"name":"Kubbon","pinyin":"kubbon","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":7,"tweetSize":9,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":4,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.08","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.16%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":893626111,"gmtCreate":1628260375833,"gmtModify":1703504198660,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Thanks for sharing(:","listText":"Thanks for sharing(:","text":"Thanks for sharing(:","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893626111","repostId":"2138531112","repostType":4,"repost":{"id":"2138531112","kind":"highlight","pubTimestamp":1622106000,"share":"https://ttm.financial/m/news/2138531112?lang=&edition=fundamental","pubTime":"2021-05-27 17:00","market":"us","language":"en","title":"Buy These 2 Stocks to Be Ready for the Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2138531112","media":"Motley Fool","summary":"A good offense is your best defense against a down market.","content":"<p>The stock market's plunge last year because of the global pandemic might not be noticeable in a few years' time. The bull run that began after the Great Recession has suffered a few hiccups over the past decade or so, but largely marches on.</p><p>That rightly makes some investors nervous, as the party must end sooner or later, the thinking goes, and the market's volatility lately, with wild swings in price, could be a harbinger that we're reaching a peak.</p><p>If you're worried, too, the two stocks below ought to help you to prepare now for any market crash.</p><h2>1. ABM Industries</h2><p>Hardly the sort of sexy business many momentum investors seek out, <b>ABM Industries</b> (NYSE:ABM) is a leading janitorial services and facilities manager across commercial, technology, industrial, education, and aviation.</p><p>Founded in 1909 as a window washing company, ABM has over $6 billion in annual revenue from a diversified list of customers, yet it's that sort of mundane task completion that makes ABM an attractive investment in times of trouble.</p><p>Its long history also means it has survived and thrived through all kinds of market conditions, and while the COVID-19 pandemic did hurt its operations, there is also much greater awareness for the need for cleanliness and sanitation.</p><p>So although first-quarter revenue was down 7.5% year over year, adjusted profits of $68.3 million, or $1.01 per share, were more than 2.5 times greater than the $26.2 million, or $0.39 per share, it generated last year as clients took on more work orders and performed more profitable EnhancedClean jobs that include disinfection routines.</p><p>CEO Scott Salmirs said with the rollout of vaccines, ABM is looking forward to a time where \"post-pandemic normalcy will reflect a heightened sensitivity to health and hygiene.\"</p><p>ABM Industries pays a dividend of $0.76 per share that currently yields 1.5% annually, which it has paid every quarter since 1965 and has raised for over 50 years, putting it in that rare group of companies known as Dividend Kings.</p><p>Trading at just about seven times the free cash flow it produces, ABM Industries carries a deeply discounted valuation that ought to continue generating substantial returns for investors in good times and bad.</p><h2>2. Genuine Parts</h2><p>Auto parts retailer <b>Genuine Parts</b> (NYSE:GPC) could be primed to capitalize on any market collapse, because when times get tough, consumers hold on to the cars they already own and do repair jobs themselves, rather than buy new.</p><p>Genuine Parts, which owns the NAPA Auto Parts brand of retail stores and generates two-thirds of its revenue from automotive sales, is already facing potential gains as a computer chip shortage impacts not only the tech sector, but the automotive industry as well.</p><p>Car makers are shutting production for weeks at a time because they can't get the necessary components to build vehicles. That means annual car production is going to drop, and buyers just might decide holding on to their existing rust buckets is a better option.</p><p>The retailer saw first-quarter sales jump over 9% on a 4.6% gain in comparable-store sales, helping adjusted earnings shoot nearly 90% higher year over year. Gross margins also expanded for the 14th consecutive quarter.</p><p>The robust quarterly performance is already causing Genuine Parts to raise its sales and earnings guidance for the rest of the year, and it expects to generate $700 million to $900 million in free cash flow.</p><p>With Genuine Parts' history of increasing its dividend payments even longer than ABM (over 60 years!), and a record of making a payout longer still, investors have a company that's been looking out for its shareholders for decades.</p>","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>Buy These 2 Stocks to Be Ready for the Market Crash</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\">\nBuy These 2 Stocks to Be Ready for the Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/26/buy-these-2-stocks-to-be-ready-for-the-market-cras/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market's plunge last year because of the global pandemic might not be noticeable in a few years' time. The bull run that began after the Great Recession has suffered a few hiccups over the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/buy-these-2-stocks-to-be-ready-for-the-market-cras/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GPC":"Genuine Parts Co","ABM":"反导工业公司"},"source_url":"https://www.fool.com/investing/2021/05/26/buy-these-2-stocks-to-be-ready-for-the-market-cras/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138531112","content_text":"The stock market's plunge last year because of the global pandemic might not be noticeable in a few years' time. The bull run that began after the Great Recession has suffered a few hiccups over the past decade or so, but largely marches on.That rightly makes some investors nervous, as the party must end sooner or later, the thinking goes, and the market's volatility lately, with wild swings in price, could be a harbinger that we're reaching a peak.If you're worried, too, the two stocks below ought to help you to prepare now for any market crash.1. ABM IndustriesHardly the sort of sexy business many momentum investors seek out, ABM Industries (NYSE:ABM) is a leading janitorial services and facilities manager across commercial, technology, industrial, education, and aviation.Founded in 1909 as a window washing company, ABM has over $6 billion in annual revenue from a diversified list of customers, yet it's that sort of mundane task completion that makes ABM an attractive investment in times of trouble.Its long history also means it has survived and thrived through all kinds of market conditions, and while the COVID-19 pandemic did hurt its operations, there is also much greater awareness for the need for cleanliness and sanitation.So although first-quarter revenue was down 7.5% year over year, adjusted profits of $68.3 million, or $1.01 per share, were more than 2.5 times greater than the $26.2 million, or $0.39 per share, it generated last year as clients took on more work orders and performed more profitable EnhancedClean jobs that include disinfection routines.CEO Scott Salmirs said with the rollout of vaccines, ABM is looking forward to a time where \"post-pandemic normalcy will reflect a heightened sensitivity to health and hygiene.\"ABM Industries pays a dividend of $0.76 per share that currently yields 1.5% annually, which it has paid every quarter since 1965 and has raised for over 50 years, putting it in that rare group of companies known as Dividend Kings.Trading at just about seven times the free cash flow it produces, ABM Industries carries a deeply discounted valuation that ought to continue generating substantial returns for investors in good times and bad.2. Genuine PartsAuto parts retailer Genuine Parts (NYSE:GPC) could be primed to capitalize on any market collapse, because when times get tough, consumers hold on to the cars they already own and do repair jobs themselves, rather than buy new.Genuine Parts, which owns the NAPA Auto Parts brand of retail stores and generates two-thirds of its revenue from automotive sales, is already facing potential gains as a computer chip shortage impacts not only the tech sector, but the automotive industry as well.Car makers are shutting production for weeks at a time because they can't get the necessary components to build vehicles. That means annual car production is going to drop, and buyers just might decide holding on to their existing rust buckets is a better option.The retailer saw first-quarter sales jump over 9% on a 4.6% gain in comparable-store sales, helping adjusted earnings shoot nearly 90% higher year over year. Gross margins also expanded for the 14th consecutive quarter.The robust quarterly performance is already causing Genuine Parts to raise its sales and earnings guidance for the rest of the year, and it expects to generate $700 million to $900 million in free cash flow.With Genuine Parts' history of increasing its dividend payments even longer than ABM (over 60 years!), and a record of making a payout longer still, investors have a company that's been looking out for its shareholders for decades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137708608,"gmtCreate":1622385826804,"gmtModify":1704183709555,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137708608","repostId":"2138531112","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131549936,"gmtCreate":1621869434925,"gmtModify":1704363648473,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131549936","repostId":"1154364832","repostType":2,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133715850,"gmtCreate":1621811224870,"gmtModify":1704362493835,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/133715850","repostId":"1104206984","repostType":4,"repost":{"id":"1104206984","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621602307,"share":"https://ttm.financial/m/news/1104206984?lang=&edition=fundamental","pubTime":"2021-05-21 21:05","market":"us","language":"en","title":"Nvidia announces four-for-one stock split","url":"https://stock-news.laohu8.com/highlight/detail?id=1104206984","media":"Tiger Newspress","summary":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtu","content":"<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><b>About NVIDIA</b></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia announces four-for-one stock split</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 announces four-for-one stock split\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-21 21:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><b>About NVIDIA</b></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104206984","content_text":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.About NVIDIANVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133710691,"gmtCreate":1621810663613,"gmtModify":1704362484589,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/133710691","repostId":"1108503848","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194626183,"gmtCreate":1621379191042,"gmtModify":1704356518076,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194626183","repostId":"1157626171","repostType":4,"repost":{"id":"1157626171","kind":"news","pubTimestamp":1621309064,"share":"https://ttm.financial/m/news/1157626171?lang=&edition=fundamental","pubTime":"2021-05-18 11:37","market":"us","language":"en","title":"These 2 Nasdaq Stock Winners Could Change the World","url":"https://stock-news.laohu8.com/highlight/detail?id=1157626171","media":"fool","summary":"The stock market had a tough day on Monday, and once again, negative attention centered on theNasdaq","content":"<p>The stock market had a tough day on Monday, and once again, negative attention centered on the<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC). The index's 1% drop as of 2:15 p.m. EDT was bigger than what other major market benchmarks faced, in part because the appetite for high-priced stocks seems to have waned considerably over the past few months.</p>\n<p>However, a couple of Nasdaq stocks were big winners on Monday, and they both have innovative business models that could have a positive influence on the world.&nbsp;<b>AppHarvest</b>(NASDAQ:APPH)&nbsp;and&nbsp;<b>Summit Therapeutics</b>(NASDAQ:SMMT)had notable gains to start the week. Below, we'll go into the details to see why investors are paying close attention to these two Nasdaq winners.</p>\n<p>Investors are feeding on this stock</p>\n<p>Shares of AppHarvest had a solid gain of more than 8% on Monday afternoon. The stock only recently came public through a merger with aspecial purpose acquisition company, and this was the first chance that investors had to see the sustainable-farming company's full potential.</p>\n<p>AppHarvest released its first-quarter financial reporton Monday, and shareholders liked what they saw. The company posted $2.3 million in revenue in its first operational quarter, selling 3.8 million pounds of tomatoes from its first greenhouse facility in Kentucky. AppHarvest posted considerable losses, as expected, but it has high hopes for the future.</p>\n<p>In particular, AppHarvest said that it had fully planted its 60-acre facility as of the first week of May, which should lead to capacity harvests for the foreseeable future as indoor farming makes all-year growing possible. The company has seen strong demand from customers like grocery-giant<b>Kroger</b>&nbsp;and fast-food restaurant chain<b>Wendy's</b>&nbsp;and anticipates more interest as it develops additional facilities.</p>\n<p>AppHarvest won't be profitable in the near term, but shareholders are still excited about its growth potential. With sustainable farming potentially making it possible to feed an increasingly hungry world, the stock is an interesting way to invest in agriculture.</p>\n<p>Here's a healthy pick</p>\n<p>Meanwhile, Summit Therapeutics did even better, as its stock soared 22%. The developmental-stage biopharmaceutical company's financial report didn't feature very attractive numbers, but investors are optimistic about the progress it has made recently.</p>\n<p>Summit's financials were predictably ugly. Revenue was just $192,000, leading to losses of $17.5 million. Summit is burning cash to conduct clinical trials, and until one of the treatments in the company's pipeline pans out, investors can expect those losses to continue. However, the company noted that CEO and majority shareholder Robert Duggan provided an additional $55 million in debt financing during the first three months of 2021, helping to boost Summit's cash levels back above the $100 million mark.</p>\n<p>Moreover, Summit had promising news in its business update. Phase 3 trials for its ridinilazole antibiotic are ongoing, with support from the federal government's Biomedical Advanced Research and Development Authority. Moreover, the company just launched a new study for adolescents, hoping to establish a favorable safety profile as a complement to its concurrent phase 3 program.</p>\n<p>Summit's share price has been volatile as investors try to determine whether the company will find success with its clinical program. As with most companies in the industry, Summit could see either massive upside or suffer big losses depending on what happens with ridinilazole and the other candidates in its pipeline.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 2 Nasdaq Stock Winners Could Change the World</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\">\nThese 2 Nasdaq Stock Winners Could Change the World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 11:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/17/these-2-nasdaq-stock-winners-could-change-world/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market had a tough day on Monday, and once again, negative attention centered on theNasdaq Composite(NASDAQINDEX:^IXIC). The index's 1% drop as of 2:15 p.m. EDT was bigger than what other ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/17/these-2-nasdaq-stock-winners-could-change-world/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMMT":"Summit Therapeutics PLC"},"source_url":"https://www.fool.com/investing/2021/05/17/these-2-nasdaq-stock-winners-could-change-world/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157626171","content_text":"The stock market had a tough day on Monday, and once again, negative attention centered on theNasdaq Composite(NASDAQINDEX:^IXIC). The index's 1% drop as of 2:15 p.m. EDT was bigger than what other major market benchmarks faced, in part because the appetite for high-priced stocks seems to have waned considerably over the past few months.\nHowever, a couple of Nasdaq stocks were big winners on Monday, and they both have innovative business models that could have a positive influence on the world. AppHarvest(NASDAQ:APPH) and Summit Therapeutics(NASDAQ:SMMT)had notable gains to start the week. Below, we'll go into the details to see why investors are paying close attention to these two Nasdaq winners.\nInvestors are feeding on this stock\nShares of AppHarvest had a solid gain of more than 8% on Monday afternoon. The stock only recently came public through a merger with aspecial purpose acquisition company, and this was the first chance that investors had to see the sustainable-farming company's full potential.\nAppHarvest released its first-quarter financial reporton Monday, and shareholders liked what they saw. The company posted $2.3 million in revenue in its first operational quarter, selling 3.8 million pounds of tomatoes from its first greenhouse facility in Kentucky. AppHarvest posted considerable losses, as expected, but it has high hopes for the future.\nIn particular, AppHarvest said that it had fully planted its 60-acre facility as of the first week of May, which should lead to capacity harvests for the foreseeable future as indoor farming makes all-year growing possible. The company has seen strong demand from customers like grocery-giantKroger and fast-food restaurant chainWendy's and anticipates more interest as it develops additional facilities.\nAppHarvest won't be profitable in the near term, but shareholders are still excited about its growth potential. With sustainable farming potentially making it possible to feed an increasingly hungry world, the stock is an interesting way to invest in agriculture.\nHere's a healthy pick\nMeanwhile, Summit Therapeutics did even better, as its stock soared 22%. The developmental-stage biopharmaceutical company's financial report didn't feature very attractive numbers, but investors are optimistic about the progress it has made recently.\nSummit's financials were predictably ugly. Revenue was just $192,000, leading to losses of $17.5 million. Summit is burning cash to conduct clinical trials, and until one of the treatments in the company's pipeline pans out, investors can expect those losses to continue. However, the company noted that CEO and majority shareholder Robert Duggan provided an additional $55 million in debt financing during the first three months of 2021, helping to boost Summit's cash levels back above the $100 million mark.\nMoreover, Summit had promising news in its business update. Phase 3 trials for its ridinilazole antibiotic are ongoing, with support from the federal government's Biomedical Advanced Research and Development Authority. Moreover, the company just launched a new study for adolescents, hoping to establish a favorable safety profile as a complement to its concurrent phase 3 program.\nSummit's share price has been volatile as investors try to determine whether the company will find success with its clinical program. As with most companies in the industry, Summit could see either massive upside or suffer big losses depending on what happens with ridinilazole and the other candidates in its pipeline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194620356,"gmtCreate":1621378875975,"gmtModify":1704356511130,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194620356","repostId":"2136955765","repostType":4,"repost":{"id":"2136955765","kind":"highlight","pubTimestamp":1621320795,"share":"https://ttm.financial/m/news/2136955765?lang=&edition=fundamental","pubTime":"2021-05-18 14:53","market":"us","language":"en","title":"These growth companies may be primed for massive stock buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=2136955765","media":"MarketWatch","summary":"Free cash flow can highlight growth stocks that may be supported by share repurchases.\nApple is expe","content":"<p>Free cash flow can highlight growth stocks that may be supported by share repurchases.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddd58c3c87423e3952362b6c9d60c20b\" tg-width=\"1260\" tg-height=\"839\"><span>Apple is expected by analysts to generate sufficient free cash flow in calendar 2021 to cover higher dividends or significant share buybacks. (AFP via Getty Images)</span></p>\n<p>Economists' projections for an incredible U.S. rebound in 2021 are coming true. In the stock market, this year may go down as \"the year of the buyback.\"</p>\n<p>In April, U.S. companies announced $208 billion in new buyback programs, the second-highest monthly amount .</p>\n<p>Net buybacks -- those large enough to lower the share count by mitigating the dilution caused when company boards of directors hand new shares to executives -- are important to investors because they increase earnings per share. Higher earnings per share, or EPS, typically support higher stock prices.</p>\n<p>Why are companies getting set to buy back so much stock? Because they curtailed capital deployment in 2020 to protect themselves from the disruption of the coronavirus pandemic.</p>\n<p>Now, during a rapid economy recovery, the U.S. money supply has increased dramatically, as the Federal Reserve has grown its balance sheet through bond purchases. Very low interest rates have also helped set the stage for buybacks.</p>\n<p>The largest U.S. banks were required by the Federal Reserve to stop buying back shares last June because of the pandemic. The group's capital ratios have increased and the Fed has announced that banks will be allowed to resume buybacks after June 30, when the regulator's annual stress tests have been completed.</p>\n<p><b>Best-positioned companies</b></p>\n<p>One way to measure a company's ability to deploy capital is to look at its free cash flow yield. This can be done on a trailing basis, but 2020 was a year of disruption, to say the least. So the following data is based on free cash flow projections for 2021 among analysts polled by FactSet.</p>\n<p>A company's free cash flow is its remaining cash flow after planned capital expenditures. It is money that can be used to repurchase shares, increase dividends or for other corporate purposes, including acquisitions or expansion.</p>\n<p>If we divide a company's estimated free cash flow per share by the current share price, we have an estimate of free cash flow yield. If we subtract the current dividend yield from the FCF yield, we have estimated \"headroom\" for capital deployment -- including buybacks and dividend increases.</p>\n<p>Free cash flow estimates aren't available for financial companies or for real estate investment trusts (REITs).</p>\n<p>Now that we know what to look for when trying to identify companies that are well-positioned to repurchase shares, it might also be interesting to narrow the field to \"growth\" companies -- those with typically more rapid sales and earnings growth.</p>\n<p>To review a group of growth stocks, we began this stock screen with the Vanguard Russell 1000 Growth Index ETF <a href=\"https://laohu8.com/S/VONG\">$(VONG)$</a>, which tracks the Russell 1000 Growth Index . (The <a href=\"https://laohu8.com/S/EEME\">iShares</a> Russell 1000 Growth ETF <a href=\"https://laohu8.com/S/IWF\">$(IWF)$</a> tracks the same index.) You can read how FTSE Russell describes the makeup of its indexes here .</p>\n<p>The Russell 1000 Growth Index is weighted by market capitalization. So the largest position of VONG is Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, which makes up 10.5% of the portfolio. Using Apple as an example, analysts polled by FactSet estimate the company's free cash flow per share for calendar 2021 will be $5.61. (We're using the calendar year to keep the data uniform. Some companies, including Apple, have fiscal years that don't match the calendar.)</p>\n<p>If we divide Apple's projected calendar 2021 FCF by the closing share price of $127.45 on May 14, we have an estimated FCF yield of 4.40%. If we subtract the current dividend yield of 0.69% from the FCF yield, we have estimated \"headroom\" of 3.71%. Relative to the dividend yield, it appears Apple will have plenty of extra cash to deploy.</p>\n<p>Going back to the Russell 1000 Growth Index and excluding the financials and REITs, we're left with 437 companies and FactSet has calendar 2021 FCF estimates for 350 of them.</p>\n<p><b>Most 'headroom'</b></p>\n<p>Here are the 20 companies with the most free cash flow \"headroom,\" based on consensus estimates for calendar 2021.</p>\n<p>Note: Scroll the table to see all the data.</p>\n<table>\n <thead>\n  <tr>\n   <th>COMPANY</th>\n   <th>TICKER</th>\n   <th>ESTIMATED FREE CASH FLOW PER SHARE</th>\n   <th>CLOSING PRICE - MAY 14</th>\n   <th>ESTIMATED FCF YIELD</th>\n   <th>DIVIDEND YIELD</th>\n   <th>HEADROOM</th>\n   <th>MARKET CAP. ($MIL)</th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td>Nexstar Media Group Inc. Class A</td>\n   <td>NXST</td>\n   <td>$26.71</td>\n   <td>$150.90</td>\n   <td>17.70%</td>\n   <td>1.86%</td>\n   <td>15.84%</td>\n   <td>$6,450</td>\n  </tr>\n  <tr>\n   <td>Moderna Inc.</td>\n   <td>MRNA</td>\n   <td>$23.35</td>\n   <td>$161.38</td>\n   <td>14.47%</td>\n   <td>0.00%</td>\n   <td>14.47%</td>\n   <td>$64,799</td>\n  </tr>\n  <tr>\n   <td>CommScope Holding Co. Inc.</td>\n   <td>COMM</td>\n   <td>$2.20</td>\n   <td>$18.16</td>\n   <td>12.11%</td>\n   <td>0.00%</td>\n   <td>12.11%</td>\n   <td>$3,706</td>\n  </tr>\n  <tr>\n   <td>Dell Technologies Inc. Class C</td>\n   <td>DELL</td>\n   <td>$11.66</td>\n   <td>$98.43</td>\n   <td>11.85%</td>\n   <td>0.00%</td>\n   <td>11.85%</td>\n   <td>$27,322</td>\n  </tr>\n  <tr>\n   <td>NRG Energy Inc.</td>\n   <td>NRG</td>\n   <td>$5.27</td>\n   <td>$34.33</td>\n   <td>15.35%</td>\n   <td>3.79%</td>\n   <td>11.57%</td>\n   <td>$8,402</td>\n  </tr>\n  <tr>\n   <td>McKesson Corp.</td>\n   <td>MCK</td>\n   <td>$23.95</td>\n   <td>$195.00</td>\n   <td>12.28%</td>\n   <td>0.86%</td>\n   <td>11.42%</td>\n   <td>$30,846</td>\n  </tr>\n  <tr>\n   <td>Liberty Media Corp. Series A Liberty SiriusXM</td>\n   <td>LSXMA</td>\n   <td>$4.63</td>\n   <td>$41.72</td>\n   <td>11.10%</td>\n   <td>0.00%</td>\n   <td>11.10%</td>\n   <td>$4,103</td>\n  </tr>\n  <tr>\n   <td>Liberty Media Corp. Series C Liberty SiriusXM</td>\n   <td>LSXMK</td>\n   <td>$4.63</td>\n   <td>$41.78</td>\n   <td>11.08%</td>\n   <td>0.00%</td>\n   <td>11.08%</td>\n   <td>$9,502</td>\n  </tr>\n  <tr>\n   <td>H&amp;R Block Inc.</td>\n   <td>HRB</td>\n   <td>$3.51</td>\n   <td>$24.55</td>\n   <td>14.28%</td>\n   <td>4.24%</td>\n   <td>10.05%</td>\n   <td>$4,454</td>\n  </tr>\n  <tr>\n   <td>Berry Global Group Inc.</td>\n   <td>BERY</td>\n   <td>$6.93</td>\n   <td>$69.19</td>\n   <td>10.01%</td>\n   <td>0.00%</td>\n   <td>10.01%</td>\n   <td>$9,334</td>\n  </tr>\n  <tr>\n   <td>Cheniere Energy Inc.</td>\n   <td>LNG</td>\n   <td>$8.05</td>\n   <td>$83.83</td>\n   <td>9.60%</td>\n   <td>0.00%</td>\n   <td>9.60%</td>\n   <td>$21,254</td>\n  </tr>\n  <tr>\n   <td>Altice USA Inc. Class A</td>\n   <td>ATUS</td>\n   <td>$3.60</td>\n   <td>$37.83</td>\n   <td>9.51%</td>\n   <td>0.00%</td>\n   <td>9.51%</td>\n   <td>$10,366</td>\n  </tr>\n  <tr>\n   <td>Cardinal Health Inc.</td>\n   <td>CAH</td>\n   <td>$7.15</td>\n   <td>$56.34</td>\n   <td>12.70%</td>\n   <td>3.45%</td>\n   <td>9.25%</td>\n   <td>$16,347</td>\n  </tr>\n  <tr>\n   <td>CACI International Inc. Class A</td>\n   <td>CACI</td>\n   <td>$22.96</td>\n   <td>$259.97</td>\n   <td>8.83%</td>\n   <td>0.00%</td>\n   <td>8.83%</td>\n   <td>$6,122</td>\n  </tr>\n  <tr>\n   <td>Jabil Inc.</td>\n   <td>JBL</td>\n   <td>$4.86</td>\n   <td>$53.94</td>\n   <td>9.00%</td>\n   <td>0.59%</td>\n   <td>8.41%</td>\n   <td>$8,026</td>\n  </tr>\n  <tr>\n   <td>Biogen Inc.</td>\n   <td>BIIB</td>\n   <td>$23.40</td>\n   <td>$280.21</td>\n   <td>8.35%</td>\n   <td>0.00%</td>\n   <td>8.35%</td>\n   <td>$42,187</td>\n  </tr>\n  <tr>\n   <td>Centene Corp.</td>\n   <td>CNC</td>\n   <td>$5.34</td>\n   <td>$69.20</td>\n   <td>7.72%</td>\n   <td>0.00%</td>\n   <td>7.72%</td>\n   <td>$40,325</td>\n  </tr>\n  <tr>\n   <td>DaVita Inc.</td>\n   <td>DVA</td>\n   <td>$9.60</td>\n   <td>$125.41</td>\n   <td>7.65%</td>\n   <td>0.00%</td>\n   <td>7.65%</td>\n   <td>$13,319</td>\n  </tr>\n  <tr>\n   <td>Neurocrine Biosciences Inc.</td>\n   <td>NBIX</td>\n   <td>$7.20</td>\n   <td>$94.60</td>\n   <td>7.61%</td>\n   <td>0.00%</td>\n   <td>7.61%</td>\n   <td>$8,944</td>\n  </tr>\n  <tr>\n   <td>Bristol-Myers Squibb Co.</td>\n   <td>BMY</td>\n   <td>$6.85</td>\n   <td>$64.88</td>\n   <td>10.56%</td>\n   <td>3.02%</td>\n   <td>7.54%</td>\n   <td>$144,937</td>\n  </tr>\n  <tr>\n   <td>Laboratory Corp. of America Holdings</td>\n   <td>LH</td>\n   <td>$20.31</td>\n   <td>$274.50</td>\n   <td>7.40%</td>\n   <td>0.00%</td>\n   <td>7.40%</td>\n   <td>$26,819</td>\n  </tr>\n </tbody>\n</table>\n<p>(FactSet)</p>\n<p>There are actually 21 rows of data on the table, because it includes both <a href=\"https://laohu8.com/S/LSXMR\">Liberty Media Corp</a>.'s Series A <a href=\"https://laohu8.com/S/LSXMA\">$(LSXMA)$</a> and Series C shares for <a href=\"https://laohu8.com/S/LFG.AU\">Liberty</a> Sirius XM.</p>\n<ul>\n <li>The company with the highest expected FCF yield of 17.70% for calendar 2021 is Nexstar Media Group Inc.,which also has the highest projected headroom of 15.84%.</li>\n <li>Next is Moderna Inc.,which has had extraordinary success with its quick development and deployment of a COVID-19 vaccine. Its estimated FCF yield for 2021 is 14.47%, and that’s also its estimated headroom because it pays no dividend on common shares. To be sure, a growth-stage company providing such a critically important product that had to raise money by issuing shares&nbsp;less than a year ago&nbsp;cannot be expected to repurchase shares this year. This shows the limitation of any stock screen and the need to do your own research whenever you consider an investment.</li>\n <li>Next on the list is CommScope Holding Co. Inc.,with an estimated FCF yield of 12.11% for 2021. With no dividend, that’s also the expected headroom figure.</li>\n <li>Dell Technologies Inc. ranks fourth, with a FCF yield and expected headroom of 11.85%. This is another stock with no dividend currently.</li>\n <li>Fifth is NRG Energy, with an estimated FCF yield of 15.35%, a dividend yield of 3.79% and expected headroom of 11.57%.</li>\n</ul>\n<p><b>Largest companies</b></p>\n<p>If you scroll the above list to the right, you can see that 10 of the companies have market capitalizations of less than $10 billion. So here's a list of the largest 20 companies in the full list of 350. You can see that two very-well-known names have have little projected FCF headroom -- and there's a good reason for that.</p>\n<table>\n <thead>\n  <tr>\n   <th>COMPANY</th>\n   <th>TICKER</th>\n   <th>ESTIMATED FREE CASH FLOW PER SHARE</th>\n   <th>CLOSING PRICE - MAY 14</th>\n   <th>ESTIMATED FCF YIELD</th>\n   <th>DIVIDEND YIELD</th>\n   <th>HEADROOM</th>\n   <th>MARKET CAP. ($MIL)</th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td>Apple Inc.</td>\n   <td>AAPL</td>\n   <td>$5.61</td>\n   <td>$127.45</td>\n   <td>4.40%</td>\n   <td>0.69%</td>\n   <td>3.71%</td>\n   <td>$2,126,838</td>\n  </tr>\n  <tr>\n   <td>Microsoft Corp.</td>\n   <td>MSFT</td>\n   <td>$7.74</td>\n   <td>$248.15</td>\n   <td>3.12%</td>\n   <td>0.90%</td>\n   <td>2.22%</td>\n   <td>$1,868,960</td>\n  </tr>\n  <tr>\n   <td>Amazon.com Inc.</td>\n   <td>AMZN</td>\n   <td>$71.13</td>\n   <td>$3,222.90</td>\n   <td>2.21%</td>\n   <td>0.00%</td>\n   <td>2.21%</td>\n   <td>$1,625,385</td>\n  </tr>\n  <tr>\n   <td>Facebook Inc. Class A</td>\n   <td>FB</td>\n   <td>$11.70</td>\n   <td>$315.94</td>\n   <td>3.70%</td>\n   <td>0.00%</td>\n   <td>3.70%</td>\n   <td>$757,007</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class C</td>\n   <td>GOOG</td>\n   <td>$90.66</td>\n   <td>$2,316.16</td>\n   <td>3.91%</td>\n   <td>0.00%</td>\n   <td>3.91%</td>\n   <td>$749,463</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class A</td>\n   <td>GOOGL</td>\n   <td>$90.66</td>\n   <td>$2,278.38</td>\n   <td>3.98%</td>\n   <td>0.00%</td>\n   <td>3.98%</td>\n   <td>$685,216</td>\n  </tr>\n  <tr>\n   <td>Tesla Inc.</td>\n   <td>TSLA</td>\n   <td>$1.46</td>\n   <td>$589.74</td>\n   <td>0.25%</td>\n   <td>0.00%</td>\n   <td>0.25%</td>\n   <td>$568,114</td>\n  </tr>\n  <tr>\n   <td>Johnson &amp; Johnson</td>\n   <td>JNJ</td>\n   <td>$4.57</td>\n   <td>$170.22</td>\n   <td>2.68%</td>\n   <td>2.49%</td>\n   <td>0.19%</td>\n   <td>$448,257</td>\n  </tr>\n  <tr>\n   <td>UnitedHealth Group Inc.</td>\n   <td>UNH</td>\n   <td>$18.82</td>\n   <td>$409.80</td>\n   <td>4.59%</td>\n   <td>1.22%</td>\n   <td>3.37%</td>\n   <td>$386,729</td>\n  </tr>\n  <tr>\n   <td>Visa Inc. Class A</td>\n   <td>V</td>\n   <td>$6.37</td>\n   <td>$226.94</td>\n   <td>2.81%</td>\n   <td>0.56%</td>\n   <td>2.24%</td>\n   <td>$383,938</td>\n  </tr>\n  <tr>\n   <td>Mastercard Inc. Class A</td>\n   <td>MA</td>\n   <td>$7.51</td>\n   <td>$363.91</td>\n   <td>2.06%</td>\n   <td>0.48%</td>\n   <td>1.58%</td>\n   <td>$357,689</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp.</td>\n   <td>NVDA</td>\n   <td>$12.97</td>\n   <td>$569.72</td>\n   <td>2.28%</td>\n   <td>0.11%</td>\n   <td>2.16%</td>\n   <td>$354,584</td>\n  </tr>\n  <tr>\n   <td>Home Depot Inc.</td>\n   <td>HD</td>\n   <td>$14.46</td>\n   <td>$323.63</td>\n   <td>4.47%</td>\n   <td>2.04%</td>\n   <td>2.43%</td>\n   <td>$347,975</td>\n  </tr>\n  <tr>\n   <td>Procter &amp; Gamble Co.</td>\n   <td>PG</td>\n   <td>$5.60</td>\n   <td>$138.01</td>\n   <td>4.06%</td>\n   <td>2.52%</td>\n   <td>1.54%</td>\n   <td>$337,881</td>\n  </tr>\n  <tr>\n   <td>PayPal Holdings Inc.</td>\n   <td>PYPL</td>\n   <td>$5.70</td>\n   <td>$246.29</td>\n   <td>2.31%</td>\n   <td>0.00%</td>\n   <td>2.31%</td>\n   <td>$289,324</td>\n  </tr>\n  <tr>\n   <td>Coca-Cola Co.</td>\n   <td>KO</td>\n   <td>$2.03</td>\n   <td>$54.73</td>\n   <td>3.71%</td>\n   <td>3.07%</td>\n   <td>0.64%</td>\n   <td>$235,978</td>\n  </tr>\n  <tr>\n   <td>Adobe Inc.</td>\n   <td>ADBE</td>\n   <td>$13.43</td>\n   <td>$486.56</td>\n   <td>2.76%</td>\n   <td>0.00%</td>\n   <td>2.76%</td>\n   <td>$232,576</td>\n  </tr>\n  <tr>\n   <td>Oracle Corp.</td>\n   <td>ORCL</td>\n   <td>$4.25</td>\n   <td>$78.89</td>\n   <td>5.39%</td>\n   <td>1.62%</td>\n   <td>3.77%</td>\n   <td>$227,482</td>\n  </tr>\n  <tr>\n   <td>Netflix Inc.</td>\n   <td>NFLX</td>\n   <td>$0.64</td>\n   <td>$493.37</td>\n   <td>0.13%</td>\n   <td>0.00%</td>\n   <td>0.13%</td>\n   <td>$218,762</td>\n  </tr>\n  <tr>\n   <td>Abbott Laboratories</td>\n   <td>ABT</td>\n   <td>$5.79</td>\n   <td>$118.31</td>\n   <td>4.89%</td>\n   <td>1.52%</td>\n   <td>3.37%</td>\n   <td>$210,216</td>\n  </tr>\n  <tr>\n   <td>AbbVie Inc.</td>\n   <td>ABBV</td>\n   <td>$10.54</td>\n   <td>$116.43</td>\n   <td>9.05%</td>\n   <td>4.47%</td>\n   <td>4.59%</td>\n   <td>$205,641</td>\n  </tr>\n </tbody>\n</table>\n<p>(FactSet)</p>\n<p>Once again, the list of 20 companies actually has 21 rows of data, because two share classes of Google holding company Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) are included. The company doesn't pay a dividend on either share class. The estimated yield and headroom are 3.91% for the Class C shares and 3.98% for the Class A shares.</p>\n<ul>\n <li>Following Apple, which is discussed above, the second-largest company on the list is Microsoft Corp.,with an estimated FCF yield of 3.12% and a dividend yield of 0.90%, leaving estimated headroom of 2.22%. That’s significantly lower than Apple’s estimated headroom of 3.71%.</li>\n <li>The company on the list with the lowest estimated FCF yield for 2021 is Netflix Inc.,which for years has plowed its cash flow into content creation. The company has turned a corner, with positive cash flow, and isset to resume buying back shares after a 10-year break.</li>\n <li>Second-lowest for estimated FCF headroom on the list is Tesla Inc.,which is also in a rapid-growth phase, with several factories under construction.</li>\n <li>Among the 20 largest companies listed, AbbVie Inc.&nbsp;has the highest estimated FCF headroom of 4.59%. Its estimated FCF yield for 2021 is 9.05% and its dividend yield is 4.47% — the highest for any company listed in this article.</li>\n</ul>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These growth companies may be primed for massive stock buybacks</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\">\nThese growth companies may be primed for massive stock buybacks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 14:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-growth-companies-may-be-primed-for-massive-stock-buybacks-11621265543?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Free cash flow can highlight growth stocks that may be supported by share repurchases.\nApple is expected by analysts to generate sufficient free cash flow in calendar 2021 to cover higher dividends or...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-growth-companies-may-be-primed-for-massive-stock-buybacks-11621265543?mod=home-page\">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","MSFT":"微软","NFLX":"奈飞","TSLA":"特斯拉",".DJI":"道琼斯","QNETCN":"纳斯达克中美互联网老虎指数","MRNA":"Moderna, Inc.",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/these-growth-companies-may-be-primed-for-massive-stock-buybacks-11621265543?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136955765","content_text":"Free cash flow can highlight growth stocks that may be supported by share repurchases.\nApple is expected by analysts to generate sufficient free cash flow in calendar 2021 to cover higher dividends or significant share buybacks. (AFP via Getty Images)\nEconomists' projections for an incredible U.S. rebound in 2021 are coming true. In the stock market, this year may go down as \"the year of the buyback.\"\nIn April, U.S. companies announced $208 billion in new buyback programs, the second-highest monthly amount .\nNet buybacks -- those large enough to lower the share count by mitigating the dilution caused when company boards of directors hand new shares to executives -- are important to investors because they increase earnings per share. Higher earnings per share, or EPS, typically support higher stock prices.\nWhy are companies getting set to buy back so much stock? Because they curtailed capital deployment in 2020 to protect themselves from the disruption of the coronavirus pandemic.\nNow, during a rapid economy recovery, the U.S. money supply has increased dramatically, as the Federal Reserve has grown its balance sheet through bond purchases. Very low interest rates have also helped set the stage for buybacks.\nThe largest U.S. banks were required by the Federal Reserve to stop buying back shares last June because of the pandemic. The group's capital ratios have increased and the Fed has announced that banks will be allowed to resume buybacks after June 30, when the regulator's annual stress tests have been completed.\nBest-positioned companies\nOne way to measure a company's ability to deploy capital is to look at its free cash flow yield. This can be done on a trailing basis, but 2020 was a year of disruption, to say the least. So the following data is based on free cash flow projections for 2021 among analysts polled by FactSet.\nA company's free cash flow is its remaining cash flow after planned capital expenditures. It is money that can be used to repurchase shares, increase dividends or for other corporate purposes, including acquisitions or expansion.\nIf we divide a company's estimated free cash flow per share by the current share price, we have an estimate of free cash flow yield. If we subtract the current dividend yield from the FCF yield, we have estimated \"headroom\" for capital deployment -- including buybacks and dividend increases.\nFree cash flow estimates aren't available for financial companies or for real estate investment trusts (REITs).\nNow that we know what to look for when trying to identify companies that are well-positioned to repurchase shares, it might also be interesting to narrow the field to \"growth\" companies -- those with typically more rapid sales and earnings growth.\nTo review a group of growth stocks, we began this stock screen with the Vanguard Russell 1000 Growth Index ETF $(VONG)$, which tracks the Russell 1000 Growth Index . (The iShares Russell 1000 Growth ETF $(IWF)$ tracks the same index.) You can read how FTSE Russell describes the makeup of its indexes here .\nThe Russell 1000 Growth Index is weighted by market capitalization. So the largest position of VONG is Apple Inc. $(AAPL)$, which makes up 10.5% of the portfolio. Using Apple as an example, analysts polled by FactSet estimate the company's free cash flow per share for calendar 2021 will be $5.61. (We're using the calendar year to keep the data uniform. Some companies, including Apple, have fiscal years that don't match the calendar.)\nIf we divide Apple's projected calendar 2021 FCF by the closing share price of $127.45 on May 14, we have an estimated FCF yield of 4.40%. If we subtract the current dividend yield of 0.69% from the FCF yield, we have estimated \"headroom\" of 3.71%. Relative to the dividend yield, it appears Apple will have plenty of extra cash to deploy.\nGoing back to the Russell 1000 Growth Index and excluding the financials and REITs, we're left with 437 companies and FactSet has calendar 2021 FCF estimates for 350 of them.\nMost 'headroom'\nHere are the 20 companies with the most free cash flow \"headroom,\" based on consensus estimates for calendar 2021.\nNote: Scroll the table to see all the data.\n\n\n\nCOMPANY\nTICKER\nESTIMATED FREE CASH FLOW PER SHARE\nCLOSING PRICE - MAY 14\nESTIMATED FCF YIELD\nDIVIDEND YIELD\nHEADROOM\nMARKET CAP. ($MIL)\n\n\n\n\nNexstar Media Group Inc. Class A\nNXST\n$26.71\n$150.90\n17.70%\n1.86%\n15.84%\n$6,450\n\n\nModerna Inc.\nMRNA\n$23.35\n$161.38\n14.47%\n0.00%\n14.47%\n$64,799\n\n\nCommScope Holding Co. Inc.\nCOMM\n$2.20\n$18.16\n12.11%\n0.00%\n12.11%\n$3,706\n\n\nDell Technologies Inc. Class C\nDELL\n$11.66\n$98.43\n11.85%\n0.00%\n11.85%\n$27,322\n\n\nNRG Energy Inc.\nNRG\n$5.27\n$34.33\n15.35%\n3.79%\n11.57%\n$8,402\n\n\nMcKesson Corp.\nMCK\n$23.95\n$195.00\n12.28%\n0.86%\n11.42%\n$30,846\n\n\nLiberty Media Corp. Series A Liberty SiriusXM\nLSXMA\n$4.63\n$41.72\n11.10%\n0.00%\n11.10%\n$4,103\n\n\nLiberty Media Corp. Series C Liberty SiriusXM\nLSXMK\n$4.63\n$41.78\n11.08%\n0.00%\n11.08%\n$9,502\n\n\nH&R Block Inc.\nHRB\n$3.51\n$24.55\n14.28%\n4.24%\n10.05%\n$4,454\n\n\nBerry Global Group Inc.\nBERY\n$6.93\n$69.19\n10.01%\n0.00%\n10.01%\n$9,334\n\n\nCheniere Energy Inc.\nLNG\n$8.05\n$83.83\n9.60%\n0.00%\n9.60%\n$21,254\n\n\nAltice USA Inc. Class A\nATUS\n$3.60\n$37.83\n9.51%\n0.00%\n9.51%\n$10,366\n\n\nCardinal Health Inc.\nCAH\n$7.15\n$56.34\n12.70%\n3.45%\n9.25%\n$16,347\n\n\nCACI International Inc. Class A\nCACI\n$22.96\n$259.97\n8.83%\n0.00%\n8.83%\n$6,122\n\n\nJabil Inc.\nJBL\n$4.86\n$53.94\n9.00%\n0.59%\n8.41%\n$8,026\n\n\nBiogen Inc.\nBIIB\n$23.40\n$280.21\n8.35%\n0.00%\n8.35%\n$42,187\n\n\nCentene Corp.\nCNC\n$5.34\n$69.20\n7.72%\n0.00%\n7.72%\n$40,325\n\n\nDaVita Inc.\nDVA\n$9.60\n$125.41\n7.65%\n0.00%\n7.65%\n$13,319\n\n\nNeurocrine Biosciences Inc.\nNBIX\n$7.20\n$94.60\n7.61%\n0.00%\n7.61%\n$8,944\n\n\nBristol-Myers Squibb Co.\nBMY\n$6.85\n$64.88\n10.56%\n3.02%\n7.54%\n$144,937\n\n\nLaboratory Corp. of America Holdings\nLH\n$20.31\n$274.50\n7.40%\n0.00%\n7.40%\n$26,819\n\n\n\n(FactSet)\nThere are actually 21 rows of data on the table, because it includes both Liberty Media Corp.'s Series A $(LSXMA)$ and Series C shares for Liberty Sirius XM.\n\nThe company with the highest expected FCF yield of 17.70% for calendar 2021 is Nexstar Media Group Inc.,which also has the highest projected headroom of 15.84%.\nNext is Moderna Inc.,which has had extraordinary success with its quick development and deployment of a COVID-19 vaccine. Its estimated FCF yield for 2021 is 14.47%, and that’s also its estimated headroom because it pays no dividend on common shares. To be sure, a growth-stage company providing such a critically important product that had to raise money by issuing shares less than a year ago cannot be expected to repurchase shares this year. This shows the limitation of any stock screen and the need to do your own research whenever you consider an investment.\nNext on the list is CommScope Holding Co. Inc.,with an estimated FCF yield of 12.11% for 2021. With no dividend, that’s also the expected headroom figure.\nDell Technologies Inc. ranks fourth, with a FCF yield and expected headroom of 11.85%. This is another stock with no dividend currently.\nFifth is NRG Energy, with an estimated FCF yield of 15.35%, a dividend yield of 3.79% and expected headroom of 11.57%.\n\nLargest companies\nIf you scroll the above list to the right, you can see that 10 of the companies have market capitalizations of less than $10 billion. So here's a list of the largest 20 companies in the full list of 350. You can see that two very-well-known names have have little projected FCF headroom -- and there's a good reason for that.\n\n\n\nCOMPANY\nTICKER\nESTIMATED FREE CASH FLOW PER SHARE\nCLOSING PRICE - MAY 14\nESTIMATED FCF YIELD\nDIVIDEND YIELD\nHEADROOM\nMARKET CAP. ($MIL)\n\n\n\n\nApple Inc.\nAAPL\n$5.61\n$127.45\n4.40%\n0.69%\n3.71%\n$2,126,838\n\n\nMicrosoft Corp.\nMSFT\n$7.74\n$248.15\n3.12%\n0.90%\n2.22%\n$1,868,960\n\n\nAmazon.com Inc.\nAMZN\n$71.13\n$3,222.90\n2.21%\n0.00%\n2.21%\n$1,625,385\n\n\nFacebook Inc. Class A\nFB\n$11.70\n$315.94\n3.70%\n0.00%\n3.70%\n$757,007\n\n\nAlphabet Inc. Class C\nGOOG\n$90.66\n$2,316.16\n3.91%\n0.00%\n3.91%\n$749,463\n\n\nAlphabet Inc. Class A\nGOOGL\n$90.66\n$2,278.38\n3.98%\n0.00%\n3.98%\n$685,216\n\n\nTesla Inc.\nTSLA\n$1.46\n$589.74\n0.25%\n0.00%\n0.25%\n$568,114\n\n\nJohnson & Johnson\nJNJ\n$4.57\n$170.22\n2.68%\n2.49%\n0.19%\n$448,257\n\n\nUnitedHealth Group Inc.\nUNH\n$18.82\n$409.80\n4.59%\n1.22%\n3.37%\n$386,729\n\n\nVisa Inc. Class A\nV\n$6.37\n$226.94\n2.81%\n0.56%\n2.24%\n$383,938\n\n\nMastercard Inc. Class A\nMA\n$7.51\n$363.91\n2.06%\n0.48%\n1.58%\n$357,689\n\n\nNvidia Corp.\nNVDA\n$12.97\n$569.72\n2.28%\n0.11%\n2.16%\n$354,584\n\n\nHome Depot Inc.\nHD\n$14.46\n$323.63\n4.47%\n2.04%\n2.43%\n$347,975\n\n\nProcter & Gamble Co.\nPG\n$5.60\n$138.01\n4.06%\n2.52%\n1.54%\n$337,881\n\n\nPayPal Holdings Inc.\nPYPL\n$5.70\n$246.29\n2.31%\n0.00%\n2.31%\n$289,324\n\n\nCoca-Cola Co.\nKO\n$2.03\n$54.73\n3.71%\n3.07%\n0.64%\n$235,978\n\n\nAdobe Inc.\nADBE\n$13.43\n$486.56\n2.76%\n0.00%\n2.76%\n$232,576\n\n\nOracle Corp.\nORCL\n$4.25\n$78.89\n5.39%\n1.62%\n3.77%\n$227,482\n\n\nNetflix Inc.\nNFLX\n$0.64\n$493.37\n0.13%\n0.00%\n0.13%\n$218,762\n\n\nAbbott Laboratories\nABT\n$5.79\n$118.31\n4.89%\n1.52%\n3.37%\n$210,216\n\n\nAbbVie Inc.\nABBV\n$10.54\n$116.43\n9.05%\n4.47%\n4.59%\n$205,641\n\n\n\n(FactSet)\nOnce again, the list of 20 companies actually has 21 rows of data, because two share classes of Google holding company Alphabet Inc. $(GOOGL)$(GOOGL) are included. The company doesn't pay a dividend on either share class. The estimated yield and headroom are 3.91% for the Class C shares and 3.98% for the Class A shares.\n\nFollowing Apple, which is discussed above, the second-largest company on the list is Microsoft Corp.,with an estimated FCF yield of 3.12% and a dividend yield of 0.90%, leaving estimated headroom of 2.22%. That’s significantly lower than Apple’s estimated headroom of 3.71%.\nThe company on the list with the lowest estimated FCF yield for 2021 is Netflix Inc.,which for years has plowed its cash flow into content creation. The company has turned a corner, with positive cash flow, and isset to resume buying back shares after a 10-year break.\nSecond-lowest for estimated FCF headroom on the list is Tesla Inc.,which is also in a rapid-growth phase, with several factories under construction.\nAmong the 20 largest companies listed, AbbVie Inc. has the highest estimated FCF headroom of 4.59%. Its estimated FCF yield for 2021 is 9.05% and its dividend yield is 4.47% — the highest for any company listed in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195612617,"gmtCreate":1621292453539,"gmtModify":1704355118970,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195612617","repostId":"1109408177","repostType":2,"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340791452,"gmtCreate":1617471988876,"gmtModify":1704699898423,"author":{"id":"3573125338979065","authorId":"3573125338979065","name":"Kubbon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573125338979065","authorIdStr":"3573125338979065"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340791452","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}