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2021-03-08

great sharing

The Next Tesla May Emerge From This Explosion Of New EV Stocks

2021-06-03

EV

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2021-02-18

MA play catch up!

PayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.

2022-11-30

unfortunate

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2021-02-12

crypto ftw

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2021-03-01

yay

'Build Me An Ark': The Tsunami Of Risk Of Tesla-Bitcoin-Cathie Wood Is Coming

2021-02-07

boring

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2021-06-18

gd read

NIO Is Winning

2025-08-11

Great article, would you like to share it?

@TigerClub:@Pilates: From Business Owner to Options Queen — How She Found Her Second Wind

Go to Tiger App to see more news

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article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/466396266881504","repostId":"465429871108712","repostType":1,"repost":{"id":465429871108712,"gmtCreate":1754634839859,"gmtModify":1754642402667,"author":{"id":"3527667671414981","authorId":"3527667671414981","name":"TigerClub","avatar":"https://static.tigerbbs.com/c0f6fba0673df1de1c5c31bb2b4f6d4e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667671414981","idStr":"3527667671414981"},"themes":[],"title":"@Pilates: From Business Owner to Options Queen — How She Found Her Second Wind","htmlText":"Meet <a href=\"https://ttm.financial/U/4094752757272870\">@Pilates</a> — a star contributor in the Tiger Community. 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Her journey began with a rocky start, investing on her father’s recommendation, which unfortunately didn’t go as planned. But setbacks didn’t stop her.With encouragement and support from friends, she re-entered the market, this time discovering her true passion in trading options. What started as a hobby quickly evolved into a serious pursuit.Want to know her real-time trading? <a href=\"https://www.laohu8.com/J/starInvestor?uuid=4094752757272870\" target=\"_blank\">Click to view her trading information, and su</a>","text":"Meet @Pilates — a star contributor in the Tiger Community. Pilates — a self-taught trader and former small business owner who transformed a personal interest into a consistent track record of success in the world of options trading. Her journey began with a rocky start, investing on her father’s recommendation, which unfortunately didn’t go as planned. But setbacks didn’t stop her.With encouragement and support from friends, she re-entered the market, this time discovering her true passion in trading options. What started as a hobby quickly evolved into a serious pursuit.Want to know her real-time trading? Click to view her trading information, and su","images":[{"img":"https://community-static.tradeup.com/news/97bd935cbd1145900d5627796001dbdc"},{"img":"https://community-static.tradeup.com/news/1c12ed3fe2302ab7c17fa439d6720e29"},{"img":"https://community-static.tradeup.com/news/8bb30c6f9520a576030b6092417f14ba"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/465429871108712","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":336540799102984,"gmtCreate":1723199443148,"gmtModify":1723370389423,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"cos it's Singapore, my home!!!!","listText":"cos it's Singapore, my home!!!!","text":"cos it's Singapore, my home!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336540799102984","isVote":1,"tweetType":1,"viewCount":2796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":245047629467648,"gmtCreate":1700850112133,"gmtModify":1700850117510,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"thanks tiger broker for being so engaging and coming up with interesting events!","listText":"thanks tiger broker for being so engaging and coming up with interesting events!","text":"thanks tiger broker for being so engaging and coming up with interesting events!","images":[{"img":"https://community-static.tradeup.com/news/90c53a32e6edb966039bf09efbf5a032"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/245047629467648","repostId":"244427454619880","repostType":1,"repost":{"id":244427454619880,"gmtCreate":1700711839917,"gmtModify":1700712353736,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"[Thanksgiving Special] Screenshot to Score Red Packets, Coins, and Surprises","htmlText":"🎉🎁 Thanksgiving Special Alert! Get ready to screenshot your way to awesome gifts! 📸✨We're throwing a mega-exciting event to show our gratitude for your incredible support! 🙌 We've cooked up a GIF with surprises galore—think red packets, coins, and fabulous gifts! 🎉💬 How to take part:Take a screenshot of the GIF belowSend your screenshots in the comments sections or<a href=\"https://ttm.financial/RN?name=RNTheme&amp;page=/theme/detail&amp;rndata={&quot;themeId&quot;:&quot;dc1a5c8eb85b41acb082cae018341e49&quot;,&quot;type&quot;:0}\" target=\"_blank\"> in the TOPIC page&gt;&gt;</a><a href=\"dc1a5c8eb85b41acb082cae018341e49\" target=\"_blank\">.</a>Don't forget to tag your friends and share what you get from the events( for example, red packet, coin or gift)🎁PrizesSnag a red packet in your screenshot","listText":"🎉🎁 Thanksgiving Special Alert! Get ready to screenshot your way to awesome gifts! 📸✨We're throwing a mega-exciting event to show our gratitude for your incredible support! 🙌 We've cooked up a GIF with surprises galore—think red packets, coins, and fabulous gifts! 🎉💬 How to take part:Take a screenshot of the GIF belowSend your screenshots in the comments sections or<a href=\"https://ttm.financial/RN?name=RNTheme&amp;page=/theme/detail&amp;rndata={&quot;themeId&quot;:&quot;dc1a5c8eb85b41acb082cae018341e49&quot;,&quot;type&quot;:0}\" target=\"_blank\"> in the TOPIC page&gt;&gt;</a><a href=\"dc1a5c8eb85b41acb082cae018341e49\" target=\"_blank\">.</a>Don't forget to tag your friends and share what you get from the events( for example, red packet, coin or gift)🎁PrizesSnag a red packet in your screenshot","text":"🎉🎁 Thanksgiving Special Alert! Get ready to screenshot your way to awesome gifts! 📸✨We're throwing a mega-exciting event to show our gratitude for your incredible support! 🙌 We've cooked up a GIF with surprises galore—think red packets, coins, and fabulous gifts! 🎉💬 How to take part:Take a screenshot of the GIF belowSend your screenshots in the comments sections or in the TOPIC page>>.Don't forget to tag your friends and share what you get from the events( for example, red packet, coin or gift)🎁PrizesSnag a red packet in your screenshot","images":[{"img":"https://community-static.tradeup.com/news/97df84e065cb5ce752d7b079cc67f532","width":"1080","height":"1080"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244427454619880","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3067,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":235006920904704,"gmtCreate":1698397671736,"gmtModify":1698397678785,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"tried a number of times and man it was challenging. happy halloween!","listText":"tried a number of times and man it was challenging. happy halloween!","text":"tried a number of times and man it was challenging. happy halloween!","images":[{"img":"https://community-static.tradeup.com/news/7b8866ee9f434af71b11a8799084e206","width":"1170","height":"1182"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235006920904704","isVote":1,"tweetType":1,"viewCount":3089,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":235006612603000,"gmtCreate":1698397501723,"gmtModify":1698397506259,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"i did it woohoo. come join the fun!","listText":"i did it woohoo. come join the fun!","text":"i did it woohoo. come join the fun!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235006612603000","isVote":1,"tweetType":1,"viewCount":3497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185322731405424,"gmtCreate":1686284274388,"gmtModify":1686284277051,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"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/185322731405424","repostId":"184865955078144","repostType":1,"repost":{"id":184865955078144,"gmtCreate":1686141433078,"gmtModify":1686883871829,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"[9th Anniversary] Light up your investing","htmlText":"It's time to celebrate! 🎉🎂🎁Tiger 9th Anniversary has arrived and it's a great opportunity to light up your investing. This 9th Anniversary marks an important milestone for Tiger. We've seen tremendous growth over the past nine years and we're excited to see what the future holds.We would like to express our gratitude to you. From the very beginning, you have been the cornerstone of our success. Your unwavering support, feedback, and encouragement have propelled us to new heights, continuously shaping and refining our services to meet your evolving needs. We are grateful for the opportunity to be a part of your financial journey, assisting you in realizing your investment goals.As we celebrate this special occasion, we acknowledge that none of our accomplishments would have been possible wi","listText":"It's time to celebrate! 🎉🎂🎁Tiger 9th Anniversary has arrived and it's a great opportunity to light up your investing. This 9th Anniversary marks an important milestone for Tiger. We've seen tremendous growth over the past nine years and we're excited to see what the future holds.We would like to express our gratitude to you. From the very beginning, you have been the cornerstone of our success. Your unwavering support, feedback, and encouragement have propelled us to new heights, continuously shaping and refining our services to meet your evolving needs. We are grateful for the opportunity to be a part of your financial journey, assisting you in realizing your investment goals.As we celebrate this special occasion, we acknowledge that none of our accomplishments would have been possible wi","text":"It's time to celebrate! 🎉🎂🎁Tiger 9th Anniversary has arrived and it's a great opportunity to light up your investing. This 9th Anniversary marks an important milestone for Tiger. We've seen tremendous growth over the past nine years and we're excited to see what the future holds.We would like to express our gratitude to you. From the very beginning, you have been the cornerstone of our success. Your unwavering support, feedback, and encouragement have propelled us to new heights, continuously shaping and refining our services to meet your evolving needs. We are grateful for the opportunity to be a part of your financial journey, assisting you in realizing your investment goals.As we celebrate this special occasion, we acknowledge that none of our accomplishments would have been possible wi","images":[{"img":"https://community-static.tradeup.com/news/0aba2f14ee9dfe1f2d34679accec4d02","width":"1064","height":"806"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184865955078144","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943693051,"gmtCreate":1679389641075,"gmtModify":1679389644956,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"good read&nbsp;","listText":"good read&nbsp;","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943693051","repostId":"2321663825","repostType":2,"repost":{"id":"2321663825","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679386123,"share":"https://ttm.financial/m/news/2321663825?lang=en_US&edition=fundamental","pubTime":"2023-03-21 16:08","market":"us","language":"en","title":"The Bank Panic of 2023 Could Be Just What the Stock Market Needs to Make Money for Investors Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2321663825","media":"Dow Jones","summary":"Why the S&P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024","content":"<html><head></head><body><p>Why the S&amp;P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5147e1be08859af49b11144c24e749b9\" tg-width=\"700\" tg-height=\"511\" referrerpolicy=\"no-referrer\"/><span>ISTOCK</span></p><blockquote>Plunge followed by quick recovery is the stock market’s typical pattern in economic crises.</blockquote><p>The S&amp;P 500  could beat inflation by 8% over the next 12 months. That cheery prospect emerges from an analysis of the U.S. stock market&#39;s reaction to past banking panics. Though stocks not surprisingly declined in the immediate wake of those past crises, they almost always recovered quickly. On average a year later, the market was well above where it stood before the crisis erupted.</p><p>To conduct this analysis, I focused on banking panics in the U.S. since 1870, according to a database compiled by Matthew Baron of Cornell University, Emil Verner of MIT, and Wei Ziong of Princeton. On average, the stock market&#39;s post-panic low was hit within two months of the panic&#39;s onset. Furthermore, in an average of just five months the S&amp;P 500&#39;s total real return index was higher than where it was prior to the panic&#39;s onset. At the panics&#39; one-year anniversary, the index was 8.0% higher, on average.</p><p>If the stock market follows a similar script in the wake of the current banking crisis, the S&amp;P 500 will hit a low sometime this April or May and then rally strongly -- eclipsing its early-March level by the end of the summer and, by March 2024, sitting on a double-digit gain in nominal terms over where it stood recently. (This nominal gain reflects the average one-year post panic return of 8% real, plus inflation; see accompanying chart.)</p><p><img src=\"https://static.tigerbbs.com/b74498ec13d929a6b73fa31201fd474e\" tg-width=\"700\" tg-height=\"486\" referrerpolicy=\"no-referrer\"/></p><p>These averages gloss over considerable variation from panic to panic. The longest recovery time for any panic since 1870 was for the one that occurred most recently, in September 2008. It took the S&amp;P 500 six months to finally hit its low, and more than an additional year for the S&amp;P 500 to be higher than where it stood prior to the panic&#39;s onset.</p><p>You shouldn&#39;t be particularly surprised by the overall averages. The &#34;plunge followed by quick recovery&#34; pattern is the stock market&#39;s typical reaction to geopolitical and economic crises, not just bank panics -- as I&#39;ve written before.</p><p>Probably the worst thing you can do, from an investment point of view, is to sell into a panic. Odds are good that, by doing that, you&#39;ll get highly unfavorable outcomes.</p><p>Unless you were lucky enough to get out of stocks before the SVB- <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> and Credit Suisse (CSGN.EB)-triggered panic, the best course of action is to hold on for the anticipated recovery. History suggests that, in not too many months, you will be glad you did.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Bank Panic of 2023 Could Be Just What the Stock Market Needs to Make Money for Investors Again</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\">\nThe Bank Panic of 2023 Could Be Just What the Stock Market Needs to Make Money for Investors Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-21 16:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Why the S&amp;P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5147e1be08859af49b11144c24e749b9\" tg-width=\"700\" tg-height=\"511\" referrerpolicy=\"no-referrer\"/><span>ISTOCK</span></p><blockquote>Plunge followed by quick recovery is the stock market’s typical pattern in economic crises.</blockquote><p>The S&amp;P 500  could beat inflation by 8% over the next 12 months. That cheery prospect emerges from an analysis of the U.S. stock market&#39;s reaction to past banking panics. Though stocks not surprisingly declined in the immediate wake of those past crises, they almost always recovered quickly. On average a year later, the market was well above where it stood before the crisis erupted.</p><p>To conduct this analysis, I focused on banking panics in the U.S. since 1870, according to a database compiled by Matthew Baron of Cornell University, Emil Verner of MIT, and Wei Ziong of Princeton. On average, the stock market&#39;s post-panic low was hit within two months of the panic&#39;s onset. Furthermore, in an average of just five months the S&amp;P 500&#39;s total real return index was higher than where it was prior to the panic&#39;s onset. At the panics&#39; one-year anniversary, the index was 8.0% higher, on average.</p><p>If the stock market follows a similar script in the wake of the current banking crisis, the S&amp;P 500 will hit a low sometime this April or May and then rally strongly -- eclipsing its early-March level by the end of the summer and, by March 2024, sitting on a double-digit gain in nominal terms over where it stood recently. (This nominal gain reflects the average one-year post panic return of 8% real, plus inflation; see accompanying chart.)</p><p><img src=\"https://static.tigerbbs.com/b74498ec13d929a6b73fa31201fd474e\" tg-width=\"700\" tg-height=\"486\" referrerpolicy=\"no-referrer\"/></p><p>These averages gloss over considerable variation from panic to panic. The longest recovery time for any panic since 1870 was for the one that occurred most recently, in September 2008. It took the S&amp;P 500 six months to finally hit its low, and more than an additional year for the S&amp;P 500 to be higher than where it stood prior to the panic&#39;s onset.</p><p>You shouldn&#39;t be particularly surprised by the overall averages. The &#34;plunge followed by quick recovery&#34; pattern is the stock market&#39;s typical reaction to geopolitical and economic crises, not just bank panics -- as I&#39;ve written before.</p><p>Probably the worst thing you can do, from an investment point of view, is to sell into a panic. Odds are good that, by doing that, you&#39;ll get highly unfavorable outcomes.</p><p>Unless you were lucky enough to get out of stocks before the SVB- <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> and Credit Suisse (CSGN.EB)-triggered panic, the best course of action is to hold on for the anticipated recovery. History suggests that, in not too many months, you will be glad you did.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861217088.USD":"贝莱德金融科技A2","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","BK4504":"桥水持仓","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4559":"巴菲特持仓","OEX":"标普100","BK4550":"红杉资本持仓","BK4588":"碎股","SPY":"标普500ETF","SH":"做空标普500-Proshares","BK4211":"区域性银行","BK4589":"SVB概念",".SPX":"S&P 500 Index","BK4581":"高盛持仓","SIVBQ":"硅谷银行","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","SDS":"两倍做空标普500 ETF-ProShares","BK4534":"瑞士信贷持仓","OEF":"标普100指数ETF-iShares","BK4585":"ETF&股票定投概念",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF-ProShares","IVV":"标普500ETF-iShares",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321663825","content_text":"Why the S&P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024.ISTOCKPlunge followed by quick recovery is the stock market’s typical pattern in economic crises.The S&P 500  could beat inflation by 8% over the next 12 months. That cheery prospect emerges from an analysis of the U.S. stock market's reaction to past banking panics. Though stocks not surprisingly declined in the immediate wake of those past crises, they almost always recovered quickly. On average a year later, the market was well above where it stood before the crisis erupted.To conduct this analysis, I focused on banking panics in the U.S. since 1870, according to a database compiled by Matthew Baron of Cornell University, Emil Verner of MIT, and Wei Ziong of Princeton. On average, the stock market's post-panic low was hit within two months of the panic's onset. Furthermore, in an average of just five months the S&P 500's total real return index was higher than where it was prior to the panic's onset. At the panics' one-year anniversary, the index was 8.0% higher, on average.If the stock market follows a similar script in the wake of the current banking crisis, the S&P 500 will hit a low sometime this April or May and then rally strongly -- eclipsing its early-March level by the end of the summer and, by March 2024, sitting on a double-digit gain in nominal terms over where it stood recently. (This nominal gain reflects the average one-year post panic return of 8% real, plus inflation; see accompanying chart.)These averages gloss over considerable variation from panic to panic. The longest recovery time for any panic since 1870 was for the one that occurred most recently, in September 2008. It took the S&P 500 six months to finally hit its low, and more than an additional year for the S&P 500 to be higher than where it stood prior to the panic's onset.You shouldn't be particularly surprised by the overall averages. The \"plunge followed by quick recovery\" pattern is the stock market's typical reaction to geopolitical and economic crises, not just bank panics -- as I've written before.Probably the worst thing you can do, from an investment point of view, is to sell into a panic. Odds are good that, by doing that, you'll get highly unfavorable outcomes.Unless you were lucky enough to get out of stocks before the SVB- $(SIVB)$ and Credit Suisse (CSGN.EB)-triggered panic, the best course of action is to hold on for the anticipated recovery. History suggests that, in not too many months, you will be glad you did.","news_type":1,"symbols_score_info":{"SIVBQ":1,".IXIC":0.9,"IVV":0.6,"OEX":0.6,"SPXU":0.6,"OEF":0.6,"SIVB":1,"UPRO":0.6,".SPX":0.6,"ESmain":0.6,".DJI":0.9,"SDS":0.6,"SH":0.6,"SSO":0.6,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":2266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949413123,"gmtCreate":1678811054362,"gmtModify":1678811058472,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"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/9949413123","repostId":"1154253474","repostType":2,"repost":{"id":"1154253474","kind":"news","pubTimestamp":1678755844,"share":"https://ttm.financial/m/news/1154253474?lang=en_US&edition=fundamental","pubTime":"2023-03-14 09:04","market":"us","language":"en","title":"Fed Battle Plan for Inflation Shredded by Financial Turmoil","url":"https://stock-news.laohu8.com/highlight/detail?id=1154253474","media":"Bloomberg","summary":"Powell’s threat to speed up rate hikes now looks datedCase for rate caution strengthened, Goldman se","content":"<div>\n<p>Powell’s threat to speed up rate hikes now looks datedCase for rate caution strengthened, Goldman sees March pauseFederal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-13/fed-s-battle-plan-for-inflation-shredded-by-financial-turmoil\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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>Fed Battle Plan for Inflation Shredded by Financial Turmoil</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\">\nFed Battle Plan for Inflation Shredded by Financial Turmoil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-13/fed-s-battle-plan-for-inflation-shredded-by-financial-turmoil><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Powell’s threat to speed up rate hikes now looks datedCase for rate caution strengthened, Goldman sees March pauseFederal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-13/fed-s-battle-plan-for-inflation-shredded-by-financial-turmoil\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-13/fed-s-battle-plan-for-inflation-shredded-by-financial-turmoil","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154253474","content_text":"Powell’s threat to speed up rate hikes now looks datedCase for rate caution strengthened, Goldman sees March pauseFederal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s inflation-fighting efforts is unraveling in the wake of Silicon Valley Bank’s collapse.A week ago, Powell surprised markets by saying the Fed may need to raise interest rates at a faster pace than the quarter-point hike it delivered in February to curb stubbornly persistent inflation. Days later, SVB and Signature Bank failed, and the Treasury and Fed launched a vast emergency lending facility saying more banks faced the risk of runs.Turmoil in markets on Monday suggested broader fears about financial instability — and the risk it could catapult the US economy into a recession. Two-year Treasury yields were down almost half a percentage point as investors bet the Fed will scale back rate hikes and perhaps even stop their year-old tightening campaign completely. Bank shares slid again, though the broader market was in the green as of early afternoon.The worry is the collapse of SVB and Signature Bank are just the start of a longer list of casualties from the Fed’s shift to the highest rates since policymakers began slashing borrowing costs in 2007.While Powell used his testimony to signal some chance of a half-point hike at the March 21-22 policy meeting, the fresh turmoil — a risk that Fed staff once again missed – will force the policy committee to rewrite its playbook.In the face of market pressure to hold off on any move, some policymakers may argue to keep up the more moderate pace of increases adopted in February. Lorie Logan, the Dallas Fed president who previously ran the markets division at the New York Fed — making her the most market-savvy of top Fed officials — has consistently argued for a more measured approach to rate hikes, following last year’s quick ramp up.“A slower pace is just a way to ensure we make the best possible decisions,” Logan, who votes on rates this year, said in her debut monetary policy speech in January.Some hawks on the committee will likely point to the new lending facility as a stabilizing force that allows the Fed to press ahead with a half-point move. A still-strong labor market, and possibly a hot inflation report due out Tuesday, could buttress any argument to speed up the pace to 50 basis points.Conflicted MissionFutures suggest the immediate debate is whether to move at all, and reflect bets on rate cuts later in the year. Goldman Sachs Group Inc. now predicts the Fed will stand pat next week, and Barclays Plc economists said “we lean toward” that call.“It’s the first time in this cycle where they’ve had a conflict within their mandate,” said Marc Sumerlin, founder of Evenflow Macro in Washington. “The central bank was set up for financial stability and they clearly react to it so they now face themselves with financial stability telling them to stop and inflation telling them to tighten further.”What Bloomberg Economics Says...“The distress in the banking sector, glimmers of housing-rent disinflation, a softening labor market and weather-induced dampening of economic activity ahead suggest a 25-bp move would be appropriate. If inflation comes in extremely hot, a 50-bp move just might be back on the table at the March or May meetings.” — Anna Wong, chief US economist.Powell told Congress last week that policymakers would be prepared to move rates to a higher peak and at a faster pace to cool prices, despite downshifting to a quarter-point increase in February.A few days later, SVB and Signature Bank failed, and the Treasury and Fed launched a vast emergency lending facility saying more banks faced run risk.Flip FlopsWith bank stocks tumbling again on Monday, any move by the Fed to stick to the pre-SVB collapse narrative could raise comparisons to August 2007. Even as markets began to show signs of concern about subprime mortgage securities, the Fed insisted inflation was the top concern. Days later, it cut the rate it lends funds to banks.The central bank also has had a number of more recent pivots. It was forced to change tack in late 2021 when the inflation it had called “transitory” turned out to be much sticker than policymakers and economists initially predicted.Criticism is now emerging that Powell’s message last week was ill suited to the risks building in the financial system.“Central banks have become a source of macro volatility, rather than a dampener,” Dario Perkins, an economist at TS Lombard who previously served at the UK Treasury, said in a tweet Monday.Inflation ThreatStill, Tuesday’s inflation data could remind Fed watchers and investors alike that policymakers’ mission isn’t accomplished.“These events will impart more caution, but must be balanced against the newly worsening inflation picture,” economists at LH Meyer/Monetary Policy Analytics wrote in a note to clients. “While the chance of the March hike being 50 basis points has fallen significantly, we believe that the Committee will still end up hiking.”Ironically, the financial ructions erupted just weeks after the departure of Fed Vice Chair Lael Brainard, who had led – ultimately unsuccessful – efforts at the central bank to tighten financial regulation and had highlighted the importance of monitoring the cumulative impact of monetary tightening. Powell had helped ensure a looser approach toward regulation.Recent events also put the spotlight on Powell’s stewardship of monetary policy over the last 12 months.Bets OffWith inflation running at a gallop, the committee began hiking rates from zero with a quarter-point move a year ago, before picking up the pace to 50 basis points followed by a string of four 75-basis-point moves. Policymakers then slowed to 50 in December and to 25 in February.But hotter-than-expected readings for January on inflation and the labor market, as well as upward revisions to prior data, prompted Powell to open the door to speeding up. That spurred some Fed watchers to change their calls, and futures markets began to price in a high probability of a 50-basis-point move.On Monday, those bets were off.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949659174,"gmtCreate":1678630987099,"gmtModify":1678630990792,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"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/9949659174","repostId":"2318857796","repostType":2,"repost":{"id":"2318857796","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678601805,"share":"https://ttm.financial/m/news/2318857796?lang=en_US&edition=fundamental","pubTime":"2023-03-12 14:16","market":"us","language":"en","title":"20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB","url":"https://stock-news.laohu8.com/highlight/detail?id=2318857796","media":"Dow Jones","summary":"SVB Financial Group faced a perfect storm, but there are plenty of other banks that would face big l","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash</p><p>Silicon Valley Bank has failed following a run on deposits, after its parent company&#39;s share price crashed a record 60% on Thursday.</p><p>Trading of <a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a>&#39;s <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was &#34;monitoring very carefully.&#34; Reaction poured in from several analysts who discussed the bank&#39;s liquidity risk.</p><p>California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.</p><p>Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB&#39;s crisis.</p><p>Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.</p><h3>First, a quick look at SVB</h3><p>Some media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.</p><p>One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank&#39;s loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because &#34;client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.&#34;</p><p>SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn&#39;t completed.</p><p>So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.</p><h3>Unrealized losses on securities</h3><p>Banks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.</p><p>The securities investments are held in two buckets:</p><p>In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council&#39;s National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.</p><p>Here&#39;s how accumulated other comprehensive income (AOCI) is defined in the report: &#34;Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.&#34;</p><p>In other words, it was mostly unrealized losses on SVB&#39;s available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling &#34;substantially all&#34; of these securities on March 8.</p><p>The list of 10 banks with unfavorable interest margin trends</p><p>On the regulatory call reports, AOCI is added to regulatory capital. Since SVB&#39;s AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company&#39;s total equity capital. So a fair way to gauge the negative AOCI to the bank&#39;s total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.</p><p>Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here&#39;s the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:</p><p><img src=\"https://static.tigerbbs.com/12eb7c2420e69b60c526a6b6ef79626d\" tg-width=\"887\" tg-height=\"715\" width=\"100%\" height=\"auto\"/></p><p>Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.</p><p>To be sure, these numbers don&#39;t mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.</p><h3>Banks with the highest percentage of negative AOCI to capital</h3><p>There are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:</p><p><img src=\"https://static.tigerbbs.com/8c786a5e88cfaa8510ac5458b4a31b86\" tg-width=\"884\" tg-height=\"618\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/6bbd38b51d92ae37f23e7fbff46e9c08\" tg-width=\"879\" tg-height=\"668\" width=\"100%\" height=\"auto\"/>Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact <a href=\"https://laohu8.com/S/CMA\">Comerica Inc.</a>, which tops the list, also improved its interest margin the most over the past four quarters, as shown here.</p><p>But it is interesting to note that <a href=\"https://laohu8.com/S/SI\">Silvergate Capital Corp.</a>, which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.</p><p>Another bank on the list facing concern among depositors is <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.</p><p>Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB</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\">\n20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-12 14:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash</p><p>Silicon Valley Bank has failed following a run on deposits, after its parent company&#39;s share price crashed a record 60% on Thursday.</p><p>Trading of <a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a>&#39;s <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was &#34;monitoring very carefully.&#34; Reaction poured in from several analysts who discussed the bank&#39;s liquidity risk.</p><p>California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.</p><p>Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB&#39;s crisis.</p><p>Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.</p><h3>First, a quick look at SVB</h3><p>Some media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.</p><p>One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank&#39;s loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because &#34;client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.&#34;</p><p>SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn&#39;t completed.</p><p>So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.</p><h3>Unrealized losses on securities</h3><p>Banks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.</p><p>The securities investments are held in two buckets:</p><p>In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council&#39;s National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.</p><p>Here&#39;s how accumulated other comprehensive income (AOCI) is defined in the report: &#34;Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.&#34;</p><p>In other words, it was mostly unrealized losses on SVB&#39;s available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling &#34;substantially all&#34; of these securities on March 8.</p><p>The list of 10 banks with unfavorable interest margin trends</p><p>On the regulatory call reports, AOCI is added to regulatory capital. Since SVB&#39;s AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company&#39;s total equity capital. So a fair way to gauge the negative AOCI to the bank&#39;s total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.</p><p>Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here&#39;s the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:</p><p><img src=\"https://static.tigerbbs.com/12eb7c2420e69b60c526a6b6ef79626d\" tg-width=\"887\" tg-height=\"715\" width=\"100%\" height=\"auto\"/></p><p>Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.</p><p>To be sure, these numbers don&#39;t mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.</p><h3>Banks with the highest percentage of negative AOCI to capital</h3><p>There are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:</p><p><img src=\"https://static.tigerbbs.com/8c786a5e88cfaa8510ac5458b4a31b86\" tg-width=\"884\" tg-height=\"618\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/6bbd38b51d92ae37f23e7fbff46e9c08\" tg-width=\"879\" tg-height=\"668\" width=\"100%\" height=\"auto\"/>Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact <a href=\"https://laohu8.com/S/CMA\">Comerica Inc.</a>, which tops the list, also improved its interest margin the most over the past four quarters, as shown here.</p><p>But it is interesting to note that <a href=\"https://laohu8.com/S/SI\">Silvergate Capital Corp.</a>, which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.</p><p>Another bank on the list facing concern among depositors is <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.</p><p>Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861217088.USD":"贝莱德金融科技A2","TERN":"Terns Pharmaceuticals, Inc.","BK4548":"巴美列捷福持仓","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","SBNY":"签字银行","BK4007":"制药","BK4211":"区域性银行","BK4561":"索罗斯持仓","BK4539":"次新股","KEY":"KeyCorp","BK4191":"家用电器","BOLT":"Bolt Biotherapeutics, Inc.","BK4585":"ETF&股票定投概念","BK4166":"消费信贷","BK4139":"生物科技","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","SI":"Shoulder Innovations, Inc.","ALLY":"Ally Financial Inc.","CRCT":"Cricut, Inc.","BK4588":"碎股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318857796","content_text":"SVB Financial Group faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cashSilicon Valley Bank has failed following a run on deposits, after its parent company's share price crashed a record 60% on Thursday.Trading of SVB Financial Group's $(SIVB)$ stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was \"monitoring very carefully.\" Reaction poured in from several analysts who discussed the bank's liquidity risk.California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB's crisis.Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.First, a quick look at SVBSome media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank's loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because \"client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.\"SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn't completed.So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.Unrealized losses on securitiesBanks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.The securities investments are held in two buckets:In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council's National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.Here's how accumulated other comprehensive income (AOCI) is defined in the report: \"Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.\"In other words, it was mostly unrealized losses on SVB's available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling \"substantially all\" of these securities on March 8.The list of 10 banks with unfavorable interest margin trendsOn the regulatory call reports, AOCI is added to regulatory capital. Since SVB's AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company's total equity capital. So a fair way to gauge the negative AOCI to the bank's total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here's the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.To be sure, these numbers don't mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.Banks with the highest percentage of negative AOCI to capitalThere are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact Comerica Inc., which tops the list, also improved its interest margin the most over the past four quarters, as shown here.But it is interesting to note that Silvergate Capital Corp., which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.Another bank on the list facing concern among depositors is Signature Bank of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”","news_type":1,"symbols_score_info":{"SIVB":0.9,"FRC":0.9,"SI":0.9,"BOLT":0.9,"CRCT":0.9,"KEY":0.9,"TERN":0.9,"ALLY":1,"SBNY":0.9}},"isVote":1,"tweetType":1,"viewCount":2888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962620065,"gmtCreate":1669770902757,"gmtModify":1676538239321,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"unfortunate&nbsp;","listText":"unfortunate&nbsp;","text":"unfortunate","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9962620065","repostId":"2287859746","repostType":4,"isVote":1,"tweetType":1,"viewCount":4162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902700296,"gmtCreate":1659750294918,"gmtModify":1703749238280,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"for consideration","listText":"for consideration","text":"for consideration","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902700296","repostId":"2257163376","repostType":4,"repost":{"id":"2257163376","kind":"highlight","pubTimestamp":1660101815,"share":"https://ttm.financial/m/news/2257163376?lang=en_US&edition=fundamental","pubTime":"2022-08-10 11:23","market":"other","language":"en","title":"3 of the Best Cryptos to Stake for Passive Income in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2257163376","media":"Motley Fool","summary":"If you are looking for a way to boost your crypto returns, here are three of the safest options for generating passive income in your crypto portfolio.","content":"<div>\n<p>As a result of the upcoming Merge, Ethereum will become a full proof-of-stake blockchain. This has important consequences for investors, because it will soon become much easier to earn passive income ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/05/3-of-the-best-cryptos-to-stake-for-passive-income/\">Source Link</a>\n\n</div>\n","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>3 of the Best Cryptos to Stake for Passive Income in 2022</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\">\n3 of the Best Cryptos to Stake for Passive Income in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/05/3-of-the-best-cryptos-to-stake-for-passive-income/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As a result of the upcoming Merge, Ethereum will become a full proof-of-stake blockchain. This has important consequences for investors, because it will soon become much easier to earn passive income ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/05/3-of-the-best-cryptos-to-stake-for-passive-income/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/05/3-of-the-best-cryptos-to-stake-for-passive-income/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257163376","content_text":"As a result of the upcoming Merge, Ethereum will become a full proof-of-stake blockchain. This has important consequences for investors, because it will soon become much easier to earn passive income on your Ether holdings via staking rewards. Depending on which crypto staking platform you use, the amount that you can earn will vary, but as a general rule of thumb you can expect to earn anywhere from 3% to 5% right now.But Ether, which is the native token of the Ethereum blockchain, is hardly the only crypto that you can stake. On the top crypto staking platforms, you sometimes have the option of 40 or more different cryptos. That's a lot to choose from, and many investors make the mistake of simply chasing the highest-yielding cryptos. Given the recent volatility in the crypto market, though, the best coins for staking in 2022 are Ethereum, Cardano, and Solana. These cryptos are available for staking on every major staking platform, offer competitive yields, and provide the best protection against downside risk in a volatile crypto market.EthereumUntil recently, it was impossible to stake Ether directly because Ethereum was a proof-of-work blockchain. But now that it is converting into a proof-of-stake blockchain, Ethereum is also emerging as a top option for crypto staking.There's a lot to unpack here. There is the blockchain (Ethereum) and there is the native token of the blockchain (Ether). You can think of Ether as the fuel that powers the blockchain. If you want to do anything on the blockchain, you need Ether. And that's especially true with a proof-of-stake blockchain, because Ether is needed to validate transactions. The way you prove you have a stake in the blockchain is by holding as much Ether as possible. So that's why people are now willing to pay you a reward for your Ether -- they need it for their own purposes. Think about the way a bank takes in deposits from customers, pays out a low rate, and then lends that money out to other customers, charging a much higher rate. As a bank customer, you don't really care what the bank does with its money, as long as you get your reward, right?If you believe in the future of Ethereum, then staking could be a great way to earn passive income on your investment. As noted above, you can make an extra 3% to 5% on top of what you already make with your Ethereum investment. So if you are holding Ether for the long haul, why not stake it?The only drawback to staking Ethereum is that the rewards you receive are not the highest that you will see on crypto staking platforms. This might sound counterintuitive at first: Why would you want to invest in a low-yielding crypto? But remember the trade-off between risk and reward. The highest yields right now are being offered by the riskiest, most volatile cryptos. Conversely, the lowest yields right now are being offered by the safest, least volatile cryptos. So don't be fooled by exotic cryptos offering sky-high yields -- they are typically offering those yields as a way to entice skeptical investors. For example, Terra (LUNA) was a popular staking coin until it blew up this year, losing 99% of its value.Cardano and SolanaCardano and Solana are two other relatively safe crypto staking options. Like Ethereum, they are both proof-of-stake blockchains with popular staking options. In most cases, you can stake them directly from your cryptocurrency exchange of choice, without any need to move them off-exchange to a new wallet or participate in any kind of financial alchemy.What's important to point out here is that the best staking options for 2022 involve the core building blocks of the crypto world. Ethereum, Cardano, and Solana are all Layer 1 blockchains, meaning that developers are building on top of them and then adding value to them. In a crypto down market, these are the best options for staking because they have the highest likelihood of maintaining their value through any kind of market volatility.Risk and volatility factorsRisk management is important because when you agree to stake crypto, you are also committing to a certain time frame. In some cases, you might be asked to lock up your crypto for months at a time, if not longer. During this time frame, you are still the owner of the crypto, but you can not sell it. This entails some risk because you will not be able to \"unstake\" your crypto and then sell it off it until the staking period is over.During that time, who knows what will happen to the value of your crypto? If the bottom falls out of the market, you might get your crypto back at a very impaired value. Any passive income that you made (no matter how high the yield) will be outweighed by the loss of value of the underlying crypto. So, before you stake, make sure you understand the risks.That's why the best staking options for 2022 -- a time of considerable volatility in the crypto market -- involve the safest, most liquid cryptos out there. Ethereum, Cardano, and Solana fit this description. They are involved in building the future of the blockchain world, and each of these is a top 10 cryptocurrency by market capitalization. If you are looking to add a little passive income on the side while participating in any upside move, staking could help you boost your portfolio returns. Just be aware of the risks involved.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168483222,"gmtCreate":1623980841366,"gmtModify":1703825388243,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"gd&nbsp;read","listText":"gd&nbsp;read","text":"gd read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168483222","repostId":"1148576248","repostType":4,"repost":{"id":"1148576248","kind":"news","pubTimestamp":1623979883,"share":"https://ttm.financial/m/news/1148576248?lang=en_US&edition=fundamental","pubTime":"2021-06-18 09:31","market":"us","language":"en","title":"NIO Is Winning","url":"https://stock-news.laohu8.com/highlight/detail?id=1148576248","media":"seekingalpha","summary":"NIO is #1 in China's electric SUV market for good reason.The company's success is driven by its brilliant innovations and marketing strategy.NIO is growing faster than Tesla, and yet, it is trading at a discount.NIO Inc.  stands out for its strong market position- #1 market share in electric SUV in China- and innovation in the rapidly growing and highly competitive electric vehicle industry. This article will discuss why NIO is winning against some stiff competition, including against Tesla .In ","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO is #1 in China's electric SUV market for good reason.</li>\n <li>The company's success is driven by its brilliant innovations and marketing strategy.</li>\n <li>NIO is growing faster than Tesla, and yet, it is trading at a discount.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/790fae23b830463fec748d2deb2ce336\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>PonyWang/E+ via Getty Images</span></p>\n<p>NIO Inc. (NYSE:NIO) stands out for its strong market position- #1 market share in electric SUV in China- and innovation in the rapidly growing and highly competitive electric vehicle industry. This article will discuss why NIO is winning against some stiff competition, including against Tesla (TSLA).</p>\n<p>In addition, we will discuss NIO's business, financials, trading, valuation, and risks so readers could reach their own informed decision.</p>\n<p><b>Business: Why NIO Wins</b></p>\n<p>NIO positions itself in the premium SUV segment, focusing on smart EVs with a differentiated battery strategy.</p>\n<p>Delivered in March 2019, the company's first model, the ES8, is a luxury 7-seater SUV that is still the company's flagship product today. The ES8 is equipped with ADAS and AI system [NOMI] and is comparable to the BYD Song, Tesla Model X, the Audi Q7 45 e-Tron, etc.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/443e2773f70c00c6faac8ca063e978a5\" tg-width=\"640\" tg-height=\"387\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>Leveraging the installed base and customer goodwill due to the highly successful ES8, NIO successfully launched the ES6 and EC6.Recently, the company launched the ET7, its first sedan.</p>\n<p>Today, NIO is the top-selling brand in China's all-electric SUV market in April with a 23% market share, higher than Tesla's 17%, WM Motor and XPeng Motors'(NYSE:XPEV)7%, according to China Automotive Technology and Research Center data.</p>\n<p>One of the biggest competitive differentiators is NIO'sbattery strategy, which all but eliminates range anxiety, one of the biggest barriers to mass EV adoption. Not only could NIO cars be charged at any charging station for EVs, but the company also built hundreds of battery swapping stations in key cities in China, with plans to expanding to Europe.</p>\n<p>NIO's battery swapping strategy also gives the company the ability to offer a battery-as-a-service [BaaS] solution, which reduces the upfrontcostof purchasing an NIO vehicle by ~$11,000. Since cost is another major barrier to mass EV adoption, NIO's battery strategy appears brilliant as it solves both the range and cost problems.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b25fbb85bffd39310cd27cbb2bde57a\" tg-width=\"640\" tg-height=\"216\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>Another differentiator is the NIO brand, which management created brilliantly by introducing the EP9 in 2016. Six EP9s have been sold to NIO investors for 2.5 million pounds, creating an aura of exclusivity and quality around the brand. Next, NIO targeted the mass-market luxury SUV segment with the ES8, firmly establishing the company as a luxury car OEM.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad41c960ce02f1e3f3e7575ac00beee0\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>Chinese companies must struggle against the common perception that they make low-quality products. This is the same perception issue that Japanese companies faced following their defeat after WW2. Japan solved this problem by moving up the value chain as their economy matured and creating high-quality brands such as Sony(NYSE:SONY). Today, Japan is known for its craftsmanship.</p>\n<p>China is following the same trajectory, and NIO is one of the emerging brands destroying the perception that \"made in China\" equates to poor quality. I strongly believe that investors who stubbornly hold on to that old perception will miss out on investing in some of the greatest brands the world will ever see.</p>\n<p>Buying an NIO car means much more than just getting a vehicle; it means getting into an exclusive club of services and convenience. Benefits include access to hundreds of swapping stations, lifetime free roadside rescue (including charge vans), lifetime free cellular connectivity, lifetime free warranty, and excellent customer service. This is a powerful selling point for NIO, differentiating it from Tesla, which hasrecentlydeveloped a poor reputation on the customer service front in China.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a73482aa0431694b760ab5c2d0aa6f53\" tg-width=\"640\" tg-height=\"211\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>The company is pushing the envelope even further with&nbsp;NIO House, a literal clubhouse for customers, and&nbsp;NIO Life, which includes NIO branded lifestyle products. NIO's effort to build a lifestyle around its cars seems to be&nbsp;working. This is good news for investors because the only way to escape the competitive battlefield of automobile OEM is to sell services and lifestyles to customers. This is why Ferrari's (RACE) operating margin is well over 20%, while Ford (F) and General Motors (GM) are in the single digits.</p>\n<p><b>Financials &amp; Valuation</b></p>\n<p>NIO is in hyper-growth mode. In 2020, the company generated $2.5 billion in revenue, up 126% y/y. In 2021, the company is expected to grow 117% y/y to $5.4 billion.</p>\n<p>The company is not yet profitable but is expected to be by 2022. Gross margin only turned positive in 2020 and is expected to be 19.3% in 2021. EBITDA is expected to be negative $258 million in 2021 and a positive $206 million in 2022. Free cash flow is expected to be negative $42 million in 2021 before turning to a positive $354 million in 2022.</p>\n<p>However, despite the cash burn expected in 2021, investors should feel at ease since the company exited&nbsp;2020&nbsp;with $5.9 billion of cash and cash equivalents. Including $600 million in short-term investments and subtracting ~$2.1 billion in debt and operating leases and the expected negative free cash flow in 2021, NIO should exit 2021 with over $4 billion in net cash and investments. That is plenty of buffers since NIO is expected to generate positive free cash flow in 2022.</p>\n<p>Since NIO is not yet profitable, we will look at the forward EV/Sales multiple as is typical for hyper-growth companies not yet generating a profit. The company went public in September 2018, trading at around 7 to 8 times EV/Sales, before bottoming out at around 0.7 times sales in May 2019. The market, however, caught the EV fever in April 2020 and sent NIO's valuation soaring to a peak of 14.6x by January 2021. After the growth sell-off we recently experienced, NIO is currently sitting at a much more reasonable 8 times forward sales. This is a significant discount to TSLA's 10.2 times forward EV/Sales despite growing twice as fast (TSLA is expected to grow revenues by 57% in 2021 compared to NIO's 117%).</p>\n<p><b>Risks</b></p>\n<p>There are many risks associated with owning NIO.</p>\n<p>Although its battery swapping strategy is highly differentiated and seems to be growing rapidly, the jury is still out on the ultimate market share of battery swapping or fast-charging infrastructure. If fast charging technology continues to advance significantly, it will likely erode a key advantage of battery swapping: speed.</p>\n<p>NIO's business model is innovative and new. Unfortunately, the flip side of that is that it is untested, and NIO remains unprofitable. For many investors, NIO will remain a \"show me\" story until the profitability of its business model improves.</p>\n<p>NIO's ability to expand globally may be limited by the rising geopolitical tension between China and the US, and to a lesser extent, with Japan and Europe. The geopolitical situation remains highly opaque and uncertain, and is a risk factor for all auto OEMs.</p>\n<p>Auto OEMs are currently facing a severe chip&nbsp;shortage. In addition, the chip density in automobiles is increasing, making the OEMs increasingly reliant on semiconductor suppliers and foundries.</p>\n<p>NIO's competitive advantages may not overcome the massive scale advantage of ICE OEMs and much bigger EV players like Tesla and China's BYD.</p>\n<p><b>Takeaway</b></p>\n<p>NIO's technical and business model innovations make it a highly differentiated company in the exciting and rapidly growing EV market. The company is winning, and its competitive moat is getting bigger as its ecosystem of vehicles and services grows. Relative to the industry leader, Tesla, NIO's stock price seems like a bargain given its faster growth rate and lower multiples.</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>NIO Is Winning</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\">\nNIO Is Winning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435341-nio-is-winning><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO is #1 in China's electric SUV market for good reason.\nThe company's success is driven by its brilliant innovations and marketing strategy.\nNIO is growing faster than Tesla, and yet, it is...</p>\n\n<a href=\"https://seekingalpha.com/article/4435341-nio-is-winning\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4435341-nio-is-winning","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148576248","content_text":"Summary\n\nNIO is #1 in China's electric SUV market for good reason.\nThe company's success is driven by its brilliant innovations and marketing strategy.\nNIO is growing faster than Tesla, and yet, it is trading at a discount.\n\nPonyWang/E+ via Getty Images\nNIO Inc. (NYSE:NIO) stands out for its strong market position- #1 market share in electric SUV in China- and innovation in the rapidly growing and highly competitive electric vehicle industry. This article will discuss why NIO is winning against some stiff competition, including against Tesla (TSLA).\nIn addition, we will discuss NIO's business, financials, trading, valuation, and risks so readers could reach their own informed decision.\nBusiness: Why NIO Wins\nNIO positions itself in the premium SUV segment, focusing on smart EVs with a differentiated battery strategy.\nDelivered in March 2019, the company's first model, the ES8, is a luxury 7-seater SUV that is still the company's flagship product today. The ES8 is equipped with ADAS and AI system [NOMI] and is comparable to the BYD Song, Tesla Model X, the Audi Q7 45 e-Tron, etc.\nSource: Company\nLeveraging the installed base and customer goodwill due to the highly successful ES8, NIO successfully launched the ES6 and EC6.Recently, the company launched the ET7, its first sedan.\nToday, NIO is the top-selling brand in China's all-electric SUV market in April with a 23% market share, higher than Tesla's 17%, WM Motor and XPeng Motors'(NYSE:XPEV)7%, according to China Automotive Technology and Research Center data.\nOne of the biggest competitive differentiators is NIO'sbattery strategy, which all but eliminates range anxiety, one of the biggest barriers to mass EV adoption. Not only could NIO cars be charged at any charging station for EVs, but the company also built hundreds of battery swapping stations in key cities in China, with plans to expanding to Europe.\nNIO's battery swapping strategy also gives the company the ability to offer a battery-as-a-service [BaaS] solution, which reduces the upfrontcostof purchasing an NIO vehicle by ~$11,000. Since cost is another major barrier to mass EV adoption, NIO's battery strategy appears brilliant as it solves both the range and cost problems.\nSource: Company\nAnother differentiator is the NIO brand, which management created brilliantly by introducing the EP9 in 2016. Six EP9s have been sold to NIO investors for 2.5 million pounds, creating an aura of exclusivity and quality around the brand. Next, NIO targeted the mass-market luxury SUV segment with the ES8, firmly establishing the company as a luxury car OEM.\nSource: Company\nChinese companies must struggle against the common perception that they make low-quality products. This is the same perception issue that Japanese companies faced following their defeat after WW2. Japan solved this problem by moving up the value chain as their economy matured and creating high-quality brands such as Sony(NYSE:SONY). Today, Japan is known for its craftsmanship.\nChina is following the same trajectory, and NIO is one of the emerging brands destroying the perception that \"made in China\" equates to poor quality. I strongly believe that investors who stubbornly hold on to that old perception will miss out on investing in some of the greatest brands the world will ever see.\nBuying an NIO car means much more than just getting a vehicle; it means getting into an exclusive club of services and convenience. Benefits include access to hundreds of swapping stations, lifetime free roadside rescue (including charge vans), lifetime free cellular connectivity, lifetime free warranty, and excellent customer service. This is a powerful selling point for NIO, differentiating it from Tesla, which hasrecentlydeveloped a poor reputation on the customer service front in China.\nSource: Company\nThe company is pushing the envelope even further with NIO House, a literal clubhouse for customers, and NIO Life, which includes NIO branded lifestyle products. NIO's effort to build a lifestyle around its cars seems to be working. This is good news for investors because the only way to escape the competitive battlefield of automobile OEM is to sell services and lifestyles to customers. This is why Ferrari's (RACE) operating margin is well over 20%, while Ford (F) and General Motors (GM) are in the single digits.\nFinancials & Valuation\nNIO is in hyper-growth mode. In 2020, the company generated $2.5 billion in revenue, up 126% y/y. In 2021, the company is expected to grow 117% y/y to $5.4 billion.\nThe company is not yet profitable but is expected to be by 2022. Gross margin only turned positive in 2020 and is expected to be 19.3% in 2021. EBITDA is expected to be negative $258 million in 2021 and a positive $206 million in 2022. Free cash flow is expected to be negative $42 million in 2021 before turning to a positive $354 million in 2022.\nHowever, despite the cash burn expected in 2021, investors should feel at ease since the company exited 2020 with $5.9 billion of cash and cash equivalents. Including $600 million in short-term investments and subtracting ~$2.1 billion in debt and operating leases and the expected negative free cash flow in 2021, NIO should exit 2021 with over $4 billion in net cash and investments. That is plenty of buffers since NIO is expected to generate positive free cash flow in 2022.\nSince NIO is not yet profitable, we will look at the forward EV/Sales multiple as is typical for hyper-growth companies not yet generating a profit. The company went public in September 2018, trading at around 7 to 8 times EV/Sales, before bottoming out at around 0.7 times sales in May 2019. The market, however, caught the EV fever in April 2020 and sent NIO's valuation soaring to a peak of 14.6x by January 2021. After the growth sell-off we recently experienced, NIO is currently sitting at a much more reasonable 8 times forward sales. This is a significant discount to TSLA's 10.2 times forward EV/Sales despite growing twice as fast (TSLA is expected to grow revenues by 57% in 2021 compared to NIO's 117%).\nRisks\nThere are many risks associated with owning NIO.\nAlthough its battery swapping strategy is highly differentiated and seems to be growing rapidly, the jury is still out on the ultimate market share of battery swapping or fast-charging infrastructure. If fast charging technology continues to advance significantly, it will likely erode a key advantage of battery swapping: speed.\nNIO's business model is innovative and new. Unfortunately, the flip side of that is that it is untested, and NIO remains unprofitable. For many investors, NIO will remain a \"show me\" story until the profitability of its business model improves.\nNIO's ability to expand globally may be limited by the rising geopolitical tension between China and the US, and to a lesser extent, with Japan and Europe. The geopolitical situation remains highly opaque and uncertain, and is a risk factor for all auto OEMs.\nAuto OEMs are currently facing a severe chip shortage. In addition, the chip density in automobiles is increasing, making the OEMs increasingly reliant on semiconductor suppliers and foundries.\nNIO's competitive advantages may not overcome the massive scale advantage of ICE OEMs and much bigger EV players like Tesla and China's BYD.\nTakeaway\nNIO's technical and business model innovations make it a highly differentiated company in the exciting and rapidly growing EV market. The company is winning, and its competitive moat is getting bigger as its ecosystem of vehicles and services grows. Relative to the industry leader, Tesla, NIO's stock price seems like a bargain given its faster growth rate and lower multiples.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118120913,"gmtCreate":1622724235532,"gmtModify":1704189768902,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"EV","listText":"EV","text":"EV","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":31,"repostSize":0,"link":"https://ttm.financial/post/118120913","repostId":"1139859065","repostType":4,"isVote":1,"tweetType":1,"viewCount":1486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108662238,"gmtCreate":1620019751824,"gmtModify":1704337482894,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"hodl","listText":"hodl","text":"hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108662238","repostId":"1174446367","repostType":4,"isVote":1,"tweetType":1,"viewCount":1232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101551129,"gmtCreate":1619924962761,"gmtModify":1704336431835,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"for reference","listText":"for reference","text":"for reference","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101551129","repostId":"1137943982","repostType":4,"isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320467495,"gmtCreate":1615169193817,"gmtModify":1704779037937,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"great sharing","listText":"great sharing","text":"great sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":67,"repostSize":0,"link":"https://ttm.financial/post/320467495","repostId":"2117638933","repostType":4,"repost":{"id":"2117638933","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1614947300,"share":"https://ttm.financial/m/news/2117638933?lang=en_US&edition=fundamental","pubTime":"2021-03-05 20:28","market":"us","language":"en","title":"The Next Tesla May Emerge From This Explosion Of New EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2117638933","media":"Investors","summary":"Tesla stock’s huge run fueled demand for stocks like Nio. Now, dozens are vying for attention. Here's an investor guide to the swarm of new EV stocks.","content":"<p>The stunning run of Tesla stock over the past year fueled investor demand for a wave of new EV stocks. The new names represent everything from companies that sell tens of thousands of electric cars a year to startups that have yet to deliver a single vehicle.</p><p>And more EV stocks are coming, if you loosen the meaning of the phrase. Legacy auto giants like <b>General Motors</b> and <b>Ford</b> are transforming into electric-vehicle companies and plan scores of new models. Battery developers and EV charging networks have seen a burst of enthusiasm for their shares as investors bet on a new era of transportation and green energy.</p><p>While EV stocks have pulled back from dizzying highs lately, <a href=\"https://laohu8.com/S/AONE\">one</a> of them may be laying the technological groundwork right now to be the next <b>Tesla</b> or Nio stock.</p><p>But in the near term, investors in EV stocks should buckle up for a bumpy ride.</p><p>\"Nobody should expect anything but more volatility for the next year,\" said Michael Dunne, CEO of the auto consultancy ZoZo Go. \"That's how uncertain the future is with regard to EV startups.\"</p><p>Tesla's 2020 delivery total of nearly 500,000 electric vehicles set a high bar for challengers. Meanwhile, Tesla stock easily remains No. 1 by market cap in the auto industry, with a current value of $582 billion.</p><p><b>List Of New EV Stocks, Startups</b></p><table border=\"0\" width=\"100%\"><tbody><tr><td><b>Company</b></td><td><b>Symbol</b></td><td><b>Country</b></td><td><b>Electric vehicle exposure</b></td></tr><tr><td>Nio</td><td>NIO</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Xpeng</td><td>XPEV</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Li Auto</td><td>LI</td><td>China</td><td>SUVs</td></tr><tr><td>Nikola</td><td>NKLA</td><td>U.S.</td><td>Commercial trucks</td></tr><tr><td>Fisker</td><td>FSR</td><td>U.S.</td><td>SUVs</td></tr><tr><td>Canoo</td><td>GOEV</td><td>U.S.</td><td>Cars, minibuses, commercial vehicles</td></tr><tr><td>Lordstown</td><td>RIDE</td><td>U.S.</td><td>Pickup trucks for fleets</td></tr><tr><td>Rivian</td><td>not public yet</td><td>U.S.</td><td>Pickup trucks, SUVs, delivery vans</td></tr><tr><td>Faraday Future</td><td>PSAC/FFIE</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Lucid</td><td>CCIV/LCID</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Xos Trucks</td><td>NGAC/XOS</td><td>U.S.</td><td>Commercial trucks, batteries</td></tr><tr><td>QuantumScape</td><td>QS</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Romeo Power</td><td>RMO</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Hyliion</td><td>HYLN</td><td>U.S.</td><td>Commercial truck powertrains</td></tr><tr><td><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></td><td>BLNK</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>ChargePoint</td><td>CHPT</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>EVgo</td><td>CLII/EVGO</td><td>U.S.</td><td>EV charging stations</td></tr></tbody></table><hr><p><b>Nio Stock Eyes AI Edge Over EV Rivals</b></p><p>Many EV startups lack any real sales or production. Not so for several Chinese companies that went public in the U.S. between 2018 and 2020 and are seeing growth soar.</p><p>One of them is Nio stock, which took off in March 2020. <b>Nio</b>'s combination of innovation and brand awareness is seen helping it stand out from rivals like <b>Xpeng Motors</b> and <b>Li Auto</b>.</p><p>Sales of Nio's premium electric SUVs climbed 113% in 2020 to 43,728. The EC6 crossover, which only went on sale in September, is already Nio's top seller. The EC6 now faces competition from Tesla's Model Y and soon <b>Volkswagen</b>'s ID.4, which launches in China in late March.</p><p>But Nio moved early and quickly to put artificial intelligence in its cars, analysts say. And a new Nio EV, the sleek ET7 sedan unveiled in January, is supposed to make the leap from advanced driver-assist systems (ADAS) to autonomous driving.</p><p>\"Nio pioneered this clean-sheet approach, where you're essentially building the software from the ground up, whether it's for entertainment, for AI, or for ADAS,\" said Deutsche Bank analyst Edison Yu.</p><p>But its biggest innovations go beyond the car itself. In 2020, Nio broke the norm with an option to buy electric cars without batteries, instead letting users rent the battery for a monthly fee.</p><p>Nio stock has come off highs reached in early January and is back below the 50-day line for the first time in nearly a year. Nio's mixed Q4 financial results and a warning that the global chip shortage will dent production sent shares down further. <i>(Is Nio stock a buy as the chip shortage weighs on its outlook?)</i></p><p><b>Other China EV Stocks To Watch</b></p><p>But Nio's rivals are preparing for more intense competition. Xpeng and Li Auto raised billions of dollars in late 2020&nbsp;as they joined an arms race for capital vs. Nio and Tesla.</p><p>Xpeng sold 27,041 electric cars last year, up 112%. Xpeng sells the P7 sedan and G3 compact SUV. Like Tesla, Xpeng is expanding a network of supercharging stations across China. It's also even further along on autonomous EV technology, Yu says, though it lacks Nio's brand power.</p><p>After volume production began in late 2019, Li Auto delivered 32,624 units of its Li One electric SUV for all of 2020. In December, Goldman Sachs analysts said Li Auto was differentiating itself by \"envisioning and creating compelling EV consumer experiences — and showing a willingness to take on the risk of unconventional technologies and act innovatively.\"</p><p>While Tesla stock and Nio stock grab the attention among EV investors, the leader by sales volume in China is the less-well-known <b>BYD</b>. It sold 130,968 battery electric vehicles last year, down 11%, despite launching the Han sedan and Tang SUV. That number doesn't include the company's plug-in hybrids and other \"new energy vehicles.\" BYD has the distinction of counting Warren Buffett's <b>Berkshire Hathaway</b> as an investor.</p><p>Like Nio stock, Xpeng and Li Auto have come well off their highs along with other growth stocks.&nbsp;Meanwhile, GM stock, Ford stock and VW are doing better in 2021, though the new EV stocks are crushing the old guard from the start of 2020. In fact, Nio stock is up more than 1,700% from last year's low, while GM is up about 260% in the same period.</p><p><b>Early Days For U.S. EV Startups</b></p><p>Most of the U.S. EV startups that came public recently, or are about to go public, have done so via special purpose acquisition companies. But merging with a SPAC allows for less disclosure than a traditional IPO, meaning more potential risk for investors.</p><p>Unlike the Chinese EV stocks, the U.S. newcomers are still developing their vehicles. So it's too soon to tell which could emerge as a disrupter, says Deutsche Bank analyst Emmanuel Rosner.</p><p>\"They are mostly talking about a business model rather than actually producing vehicles,\" he added.</p><p>And yet Wall Street can't get enough of EV stocks. They include <b>Nikola</b>, <b>Fisker</b>, <b>Canoo</b> and <b>Lordstown</b>. Others, like Rivian, aren't public yet, while Lucid, Faraday Future, and Xos Trucks will debut after their blank-check deals close. In fact, Lucid's record blank-check deal values the company at $24 billion, while delivery of its first EV, the luxury Lucid Air sedan, won't happen until later this year.</p><p>For now, some of the EV stocks are aiming for niche markets rather than taking on the world.</p><p>Faraday's FF 91, which will cost $150,000 to $200,000, touts 11 screens and a \"spa mode\" where lights dim and fully reclined seats massage passengers. Meanwhile, Canoo specializes in cars, minibuses and commercial vehicles for rental and sharing services.</p><p>\"It's less about becoming the next Tesla and more about exploiting what they view as underserved markets,\" Rosner said.</p><p>But Faraday plans a commercial EV for last-mile deliveries in 2023 and two mass-market EVs by 2024. And Tesla started also at the high end of the EV market with its Roadster, which went on sale in 2006 for more than $100,000.</p><p>Most of the new EV stocks or shares of the shell company SPACs are slumping after initial spikes. But Fisker stock, after reporting a jump in reservations, has hit new highs.</p><p><b>Beyond Tesla Stock: Intense Competition In Electric Trucks</b></p><p>Meanwhile, other startups are making electric pickup trucks and SUVs, targeting the most lucrative segment of the auto market, where Tesla, GM and other giant auto companies are making moves.</p><p>Dunne says Rivian, which is expected to go public this year, is best poised to challenge established automakers.</p><p>\"Rivian is a quality organization top to bottom, with powerful backers, and an understanding from a design perspective of who their customer is — premium customers looking for off-road experiences with their SUVs and their trucks,\" he said.</p><p>Its R1T pickup truck is due to arrive in June, bankrolled by $8 billion in investments from the likes of <b>Amazon</b>, Fidelity and even Ford. A second EV, the R1S SUV, arrives in August.</p><p>Its technology may be key to gaining an edge over Tesla's Cybertruck and GM's electric Hummer truck. Rivian touts batteries that can endure the hottest and coldest places, deliver 400 miles on a charge, drive to a wading depth of three feet and provide towing capacity of up to 11,000 pounds. And Rivian's R1T, packed with 28 cameras and sensors, could be the first electric truck to offer highly autonomous driving on U.S. highways.</p><p>Fisker, meanwhile, will start production of its Ocean electric SUV in late 2022. It could get a technology boost from Apple supplier Foxconn, which is teaming up with Fisker to develop another EV.</p><p><b>Commercial EV Stocks</b></p><p>A hot subset of the EV market is for commercial vehicles, and investors will find some of the same names that play in other segments. Some stocks to watch include GM and Ford.</p><p>Nikola had planned its own electric pickup but lost GM as a manufacturing partner. Still, Nikola's Tre battery-electric semi-truck will begin deliveries&nbsp;in Q4.</p><p>That highlights the opportunity other EV stocks have in the market for commercial vehicles. Selling to large businesses may be the fastest way to recoup the steep costs of developing EVs.</p><p>Lordstown aims to start production of its Endurance electric pickup, which targets fleet operators, in September.</p><p>Electric cargo and shuttle vans for commercial customers also loom large. <b>Workhorse Group</b> and <b>Lightning eMotors</b> are developing electric vans.</p><p>Rivian is building delivery vans for Amazon that will launch this year. And Canoo's delivery van models will go into limited production in 2022.</p><p>But the upstarts are entering a competitive market. General Motors and Ford have new, all-electric delivery vans hitting the road in late 2021.</p><p><b>Legacy Automakers Becoming EV Stocks</b></p><p>Global auto companies like GM, Ford and Volkswagen are about to let loose a staggering electric-vehicle onslaught.</p><p>VW has a five-year spending plan of $86 billion, with plans for 70 fully electric vehicles by 2030. Ford more than doubled its investments in electric and autonomous vehicles to $29 billion through 2025. Its goal is to launch 16 fully electric cars by 2022, and sales of the new Mustang Mach-E have been strong so far.</p><p>GM plans to spend $27 billion, up from a prior target of $20 billion, and aims to launch 30 new EVs around the world by 2025 across its luxury and mass-market brands.</p><p>GM's transformation has drawn particular attention. \"We believe investors should prepare for a profound narrative change at GM put into action in 2021,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Adam Jonas wrote in a January note.</p><p>That month, GM revealed a new and potentially disruptive EV business, called BrightDrop, focused on the delivery and logistics market.</p><p>But the linchpin of its EV strategy is the Ultium battery technology, which GM says will support a range of 450 miles on a single charge while reducing costs and weight. A next-generation Ultium platform is already in the works to extend the range to 600 miles.</p><p>\"We will seize every opportunity to drive growth, expand our markets and enter new ones,\" CEO Mary Barra said Feb. 10. \"Our Ultium platform is core to these initiatives. It is the foundation for our upcoming global family of EVs.\"</p><p><b>EV Battery And Charging Companies</b></p><p>Companies making vehicles aren't the only EV stocks for investors to watch. Other companies make car batteries and car charging stations. Among them are new IPO stocks <b>Blink Charging</b> and <b>QuantumScape</b> in 2020. <b>ChargePoint</b> debuted March 1. Rival EVgo will go public via blank-check firm <b><a href=\"https://laohu8.com/S/CLII.U\">Climate Change Crisis Real Impact I Acquisition Corp.</a></b> in Q2 under the ticker EVGO.</p><p>Meanwhile, <b>Hyliion</b> will start shipping its electric powertrain for big-rig trucks, with a claimed range of 1,000 miles. It's also developing powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.</p><p><b>Romeo Power</b> makes battery packs for commercial EV fleets. Other names are Enovix and Microvast, which are coming public via SPAC mergers.</p><p>QuantumScape appears to have achieved a major breakthrough in developing solid-state lithium metal batteries. The batteries promise to be safer and cheaper, have a longer life span, charge faster and have more energy density than existing lithium ion batteries.</p><p>On Feb. 16, the Bill Gates- and Volkswagen-backed startup revealed it can produce multilayered battery cells. Its four-layer battery is still short of the 12 or so needed to be commercially viable. But the company is confident enough in its ability to make progress that it decided to build a \"pre-pilot\" production facility to make \"enough batteries for hundreds of long-range battery electric test vehicles per year\" by 2023.</p><p>\"The company has shown its battery cell can charge up to 80% of capacity in 15 minutes, which would be a 'game changer' if this scales at mass volumes,\" Wedbush analyst Dan Ives wrote in a recent note.</p><p><b>It's Not Just Tesla Stock</b></p><p>For now, Tesla stock is 30% below its intraday record, has given back all its gains so far this year, and is below the price when it debuted on the S&amp;P 500. Its recent dive below the 50-day line was a sell signal, according to IBD Leaderboard.</p><p>But Ives, a prominent Tesla stock bull, said in a March 4 note that \"the EV party and transformation is just beginning,\" adding that a \"green tidal wave\" is on the horizon as EV adoption speeds up.</p><p>He also predicted the electric-vehicle industry could balloon to a $5 trillion market over the next decade. That's up from about $250 billion in 2020.</p><p>And that growth forecast also applies to the legacy auto giants, Ives wrote, pointing to the likes of GM and Ford \"jumping into the deep end of the pool on EVs.\"</p><p>In an interview Dec. 29, Ives suggested it's not just going to be Tesla's world. \"It's an ocean of opportunities,\" Ives told IBD. \"There's room for more than <a href=\"https://laohu8.com/S/AONE.U\">one</a> boat.\"</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>The Next Tesla May Emerge From This Explosion Of New EV Stocks</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\">\nThe Next Tesla May Emerge From This Explosion Of New EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-03-05 20:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The stunning run of Tesla stock over the past year fueled investor demand for a wave of new EV stocks. The new names represent everything from companies that sell tens of thousands of electric cars a year to startups that have yet to deliver a single vehicle.</p><p>And more EV stocks are coming, if you loosen the meaning of the phrase. Legacy auto giants like <b>General Motors</b> and <b>Ford</b> are transforming into electric-vehicle companies and plan scores of new models. Battery developers and EV charging networks have seen a burst of enthusiasm for their shares as investors bet on a new era of transportation and green energy.</p><p>While EV stocks have pulled back from dizzying highs lately, <a href=\"https://laohu8.com/S/AONE\">one</a> of them may be laying the technological groundwork right now to be the next <b>Tesla</b> or Nio stock.</p><p>But in the near term, investors in EV stocks should buckle up for a bumpy ride.</p><p>\"Nobody should expect anything but more volatility for the next year,\" said Michael Dunne, CEO of the auto consultancy ZoZo Go. \"That's how uncertain the future is with regard to EV startups.\"</p><p>Tesla's 2020 delivery total of nearly 500,000 electric vehicles set a high bar for challengers. Meanwhile, Tesla stock easily remains No. 1 by market cap in the auto industry, with a current value of $582 billion.</p><p><b>List Of New EV Stocks, Startups</b></p><table border=\"0\" width=\"100%\"><tbody><tr><td><b>Company</b></td><td><b>Symbol</b></td><td><b>Country</b></td><td><b>Electric vehicle exposure</b></td></tr><tr><td>Nio</td><td>NIO</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Xpeng</td><td>XPEV</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Li Auto</td><td>LI</td><td>China</td><td>SUVs</td></tr><tr><td>Nikola</td><td>NKLA</td><td>U.S.</td><td>Commercial trucks</td></tr><tr><td>Fisker</td><td>FSR</td><td>U.S.</td><td>SUVs</td></tr><tr><td>Canoo</td><td>GOEV</td><td>U.S.</td><td>Cars, minibuses, commercial vehicles</td></tr><tr><td>Lordstown</td><td>RIDE</td><td>U.S.</td><td>Pickup trucks for fleets</td></tr><tr><td>Rivian</td><td>not public yet</td><td>U.S.</td><td>Pickup trucks, SUVs, delivery vans</td></tr><tr><td>Faraday Future</td><td>PSAC/FFIE</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Lucid</td><td>CCIV/LCID</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Xos Trucks</td><td>NGAC/XOS</td><td>U.S.</td><td>Commercial trucks, batteries</td></tr><tr><td>QuantumScape</td><td>QS</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Romeo Power</td><td>RMO</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Hyliion</td><td>HYLN</td><td>U.S.</td><td>Commercial truck powertrains</td></tr><tr><td><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></td><td>BLNK</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>ChargePoint</td><td>CHPT</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>EVgo</td><td>CLII/EVGO</td><td>U.S.</td><td>EV charging stations</td></tr></tbody></table><hr><p><b>Nio Stock Eyes AI Edge Over EV Rivals</b></p><p>Many EV startups lack any real sales or production. Not so for several Chinese companies that went public in the U.S. between 2018 and 2020 and are seeing growth soar.</p><p>One of them is Nio stock, which took off in March 2020. <b>Nio</b>'s combination of innovation and brand awareness is seen helping it stand out from rivals like <b>Xpeng Motors</b> and <b>Li Auto</b>.</p><p>Sales of Nio's premium electric SUVs climbed 113% in 2020 to 43,728. The EC6 crossover, which only went on sale in September, is already Nio's top seller. The EC6 now faces competition from Tesla's Model Y and soon <b>Volkswagen</b>'s ID.4, which launches in China in late March.</p><p>But Nio moved early and quickly to put artificial intelligence in its cars, analysts say. And a new Nio EV, the sleek ET7 sedan unveiled in January, is supposed to make the leap from advanced driver-assist systems (ADAS) to autonomous driving.</p><p>\"Nio pioneered this clean-sheet approach, where you're essentially building the software from the ground up, whether it's for entertainment, for AI, or for ADAS,\" said Deutsche Bank analyst Edison Yu.</p><p>But its biggest innovations go beyond the car itself. In 2020, Nio broke the norm with an option to buy electric cars without batteries, instead letting users rent the battery for a monthly fee.</p><p>Nio stock has come off highs reached in early January and is back below the 50-day line for the first time in nearly a year. Nio's mixed Q4 financial results and a warning that the global chip shortage will dent production sent shares down further. <i>(Is Nio stock a buy as the chip shortage weighs on its outlook?)</i></p><p><b>Other China EV Stocks To Watch</b></p><p>But Nio's rivals are preparing for more intense competition. Xpeng and Li Auto raised billions of dollars in late 2020&nbsp;as they joined an arms race for capital vs. Nio and Tesla.</p><p>Xpeng sold 27,041 electric cars last year, up 112%. Xpeng sells the P7 sedan and G3 compact SUV. Like Tesla, Xpeng is expanding a network of supercharging stations across China. It's also even further along on autonomous EV technology, Yu says, though it lacks Nio's brand power.</p><p>After volume production began in late 2019, Li Auto delivered 32,624 units of its Li One electric SUV for all of 2020. In December, Goldman Sachs analysts said Li Auto was differentiating itself by \"envisioning and creating compelling EV consumer experiences — and showing a willingness to take on the risk of unconventional technologies and act innovatively.\"</p><p>While Tesla stock and Nio stock grab the attention among EV investors, the leader by sales volume in China is the less-well-known <b>BYD</b>. It sold 130,968 battery electric vehicles last year, down 11%, despite launching the Han sedan and Tang SUV. That number doesn't include the company's plug-in hybrids and other \"new energy vehicles.\" BYD has the distinction of counting Warren Buffett's <b>Berkshire Hathaway</b> as an investor.</p><p>Like Nio stock, Xpeng and Li Auto have come well off their highs along with other growth stocks.&nbsp;Meanwhile, GM stock, Ford stock and VW are doing better in 2021, though the new EV stocks are crushing the old guard from the start of 2020. In fact, Nio stock is up more than 1,700% from last year's low, while GM is up about 260% in the same period.</p><p><b>Early Days For U.S. EV Startups</b></p><p>Most of the U.S. EV startups that came public recently, or are about to go public, have done so via special purpose acquisition companies. But merging with a SPAC allows for less disclosure than a traditional IPO, meaning more potential risk for investors.</p><p>Unlike the Chinese EV stocks, the U.S. newcomers are still developing their vehicles. So it's too soon to tell which could emerge as a disrupter, says Deutsche Bank analyst Emmanuel Rosner.</p><p>\"They are mostly talking about a business model rather than actually producing vehicles,\" he added.</p><p>And yet Wall Street can't get enough of EV stocks. They include <b>Nikola</b>, <b>Fisker</b>, <b>Canoo</b> and <b>Lordstown</b>. Others, like Rivian, aren't public yet, while Lucid, Faraday Future, and Xos Trucks will debut after their blank-check deals close. In fact, Lucid's record blank-check deal values the company at $24 billion, while delivery of its first EV, the luxury Lucid Air sedan, won't happen until later this year.</p><p>For now, some of the EV stocks are aiming for niche markets rather than taking on the world.</p><p>Faraday's FF 91, which will cost $150,000 to $200,000, touts 11 screens and a \"spa mode\" where lights dim and fully reclined seats massage passengers. Meanwhile, Canoo specializes in cars, minibuses and commercial vehicles for rental and sharing services.</p><p>\"It's less about becoming the next Tesla and more about exploiting what they view as underserved markets,\" Rosner said.</p><p>But Faraday plans a commercial EV for last-mile deliveries in 2023 and two mass-market EVs by 2024. And Tesla started also at the high end of the EV market with its Roadster, which went on sale in 2006 for more than $100,000.</p><p>Most of the new EV stocks or shares of the shell company SPACs are slumping after initial spikes. But Fisker stock, after reporting a jump in reservations, has hit new highs.</p><p><b>Beyond Tesla Stock: Intense Competition In Electric Trucks</b></p><p>Meanwhile, other startups are making electric pickup trucks and SUVs, targeting the most lucrative segment of the auto market, where Tesla, GM and other giant auto companies are making moves.</p><p>Dunne says Rivian, which is expected to go public this year, is best poised to challenge established automakers.</p><p>\"Rivian is a quality organization top to bottom, with powerful backers, and an understanding from a design perspective of who their customer is — premium customers looking for off-road experiences with their SUVs and their trucks,\" he said.</p><p>Its R1T pickup truck is due to arrive in June, bankrolled by $8 billion in investments from the likes of <b>Amazon</b>, Fidelity and even Ford. A second EV, the R1S SUV, arrives in August.</p><p>Its technology may be key to gaining an edge over Tesla's Cybertruck and GM's electric Hummer truck. Rivian touts batteries that can endure the hottest and coldest places, deliver 400 miles on a charge, drive to a wading depth of three feet and provide towing capacity of up to 11,000 pounds. And Rivian's R1T, packed with 28 cameras and sensors, could be the first electric truck to offer highly autonomous driving on U.S. highways.</p><p>Fisker, meanwhile, will start production of its Ocean electric SUV in late 2022. It could get a technology boost from Apple supplier Foxconn, which is teaming up with Fisker to develop another EV.</p><p><b>Commercial EV Stocks</b></p><p>A hot subset of the EV market is for commercial vehicles, and investors will find some of the same names that play in other segments. Some stocks to watch include GM and Ford.</p><p>Nikola had planned its own electric pickup but lost GM as a manufacturing partner. Still, Nikola's Tre battery-electric semi-truck will begin deliveries&nbsp;in Q4.</p><p>That highlights the opportunity other EV stocks have in the market for commercial vehicles. Selling to large businesses may be the fastest way to recoup the steep costs of developing EVs.</p><p>Lordstown aims to start production of its Endurance electric pickup, which targets fleet operators, in September.</p><p>Electric cargo and shuttle vans for commercial customers also loom large. <b>Workhorse Group</b> and <b>Lightning eMotors</b> are developing electric vans.</p><p>Rivian is building delivery vans for Amazon that will launch this year. And Canoo's delivery van models will go into limited production in 2022.</p><p>But the upstarts are entering a competitive market. General Motors and Ford have new, all-electric delivery vans hitting the road in late 2021.</p><p><b>Legacy Automakers Becoming EV Stocks</b></p><p>Global auto companies like GM, Ford and Volkswagen are about to let loose a staggering electric-vehicle onslaught.</p><p>VW has a five-year spending plan of $86 billion, with plans for 70 fully electric vehicles by 2030. Ford more than doubled its investments in electric and autonomous vehicles to $29 billion through 2025. Its goal is to launch 16 fully electric cars by 2022, and sales of the new Mustang Mach-E have been strong so far.</p><p>GM plans to spend $27 billion, up from a prior target of $20 billion, and aims to launch 30 new EVs around the world by 2025 across its luxury and mass-market brands.</p><p>GM's transformation has drawn particular attention. \"We believe investors should prepare for a profound narrative change at GM put into action in 2021,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Adam Jonas wrote in a January note.</p><p>That month, GM revealed a new and potentially disruptive EV business, called BrightDrop, focused on the delivery and logistics market.</p><p>But the linchpin of its EV strategy is the Ultium battery technology, which GM says will support a range of 450 miles on a single charge while reducing costs and weight. A next-generation Ultium platform is already in the works to extend the range to 600 miles.</p><p>\"We will seize every opportunity to drive growth, expand our markets and enter new ones,\" CEO Mary Barra said Feb. 10. \"Our Ultium platform is core to these initiatives. It is the foundation for our upcoming global family of EVs.\"</p><p><b>EV Battery And Charging Companies</b></p><p>Companies making vehicles aren't the only EV stocks for investors to watch. Other companies make car batteries and car charging stations. Among them are new IPO stocks <b>Blink Charging</b> and <b>QuantumScape</b> in 2020. <b>ChargePoint</b> debuted March 1. Rival EVgo will go public via blank-check firm <b><a href=\"https://laohu8.com/S/CLII.U\">Climate Change Crisis Real Impact I Acquisition Corp.</a></b> in Q2 under the ticker EVGO.</p><p>Meanwhile, <b>Hyliion</b> will start shipping its electric powertrain for big-rig trucks, with a claimed range of 1,000 miles. It's also developing powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.</p><p><b>Romeo Power</b> makes battery packs for commercial EV fleets. Other names are Enovix and Microvast, which are coming public via SPAC mergers.</p><p>QuantumScape appears to have achieved a major breakthrough in developing solid-state lithium metal batteries. The batteries promise to be safer and cheaper, have a longer life span, charge faster and have more energy density than existing lithium ion batteries.</p><p>On Feb. 16, the Bill Gates- and Volkswagen-backed startup revealed it can produce multilayered battery cells. Its four-layer battery is still short of the 12 or so needed to be commercially viable. But the company is confident enough in its ability to make progress that it decided to build a \"pre-pilot\" production facility to make \"enough batteries for hundreds of long-range battery electric test vehicles per year\" by 2023.</p><p>\"The company has shown its battery cell can charge up to 80% of capacity in 15 minutes, which would be a 'game changer' if this scales at mass volumes,\" Wedbush analyst Dan Ives wrote in a recent note.</p><p><b>It's Not Just Tesla Stock</b></p><p>For now, Tesla stock is 30% below its intraday record, has given back all its gains so far this year, and is below the price when it debuted on the S&amp;P 500. Its recent dive below the 50-day line was a sell signal, according to IBD Leaderboard.</p><p>But Ives, a prominent Tesla stock bull, said in a March 4 note that \"the EV party and transformation is just beginning,\" adding that a \"green tidal wave\" is on the horizon as EV adoption speeds up.</p><p>He also predicted the electric-vehicle industry could balloon to a $5 trillion market over the next decade. That's up from about $250 billion in 2020.</p><p>And that growth forecast also applies to the legacy auto giants, Ives wrote, pointing to the likes of GM and Ford \"jumping into the deep end of the pool on EVs.\"</p><p>In an interview Dec. 29, Ives suggested it's not just going to be Tesla's world. \"It's an ocean of opportunities,\" Ives told IBD. \"There's room for more than <a href=\"https://laohu8.com/S/AONE.U\">one</a> boat.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117638933","content_text":"The stunning run of Tesla stock over the past year fueled investor demand for a wave of new EV stocks. The new names represent everything from companies that sell tens of thousands of electric cars a year to startups that have yet to deliver a single vehicle.And more EV stocks are coming, if you loosen the meaning of the phrase. Legacy auto giants like General Motors and Ford are transforming into electric-vehicle companies and plan scores of new models. Battery developers and EV charging networks have seen a burst of enthusiasm for their shares as investors bet on a new era of transportation and green energy.While EV stocks have pulled back from dizzying highs lately, one of them may be laying the technological groundwork right now to be the next Tesla or Nio stock.But in the near term, investors in EV stocks should buckle up for a bumpy ride.\"Nobody should expect anything but more volatility for the next year,\" said Michael Dunne, CEO of the auto consultancy ZoZo Go. \"That's how uncertain the future is with regard to EV startups.\"Tesla's 2020 delivery total of nearly 500,000 electric vehicles set a high bar for challengers. Meanwhile, Tesla stock easily remains No. 1 by market cap in the auto industry, with a current value of $582 billion.List Of New EV Stocks, StartupsCompanySymbolCountryElectric vehicle exposureNioNIOChinaSUVs, sedansXpengXPEVChinaSUVs, sedansLi AutoLIChinaSUVsNikolaNKLAU.S.Commercial trucksFiskerFSRU.S.SUVsCanooGOEVU.S.Cars, minibuses, commercial vehiclesLordstownRIDEU.S.Pickup trucks for fleetsRiviannot public yetU.S.Pickup trucks, SUVs, delivery vansFaraday FuturePSAC/FFIEU.S.Luxury sedansLucidCCIV/LCIDU.S.Luxury sedansXos TrucksNGAC/XOSU.S.Commercial trucks, batteriesQuantumScapeQSU.S.BatteriesRomeo PowerRMOU.S.BatteriesHyliionHYLNU.S.Commercial truck powertrainsBlink ChargingBLNKU.S.EV charging stationsChargePointCHPTU.S.EV charging stationsEVgoCLII/EVGOU.S.EV charging stationsNio Stock Eyes AI Edge Over EV RivalsMany EV startups lack any real sales or production. Not so for several Chinese companies that went public in the U.S. between 2018 and 2020 and are seeing growth soar.One of them is Nio stock, which took off in March 2020. Nio's combination of innovation and brand awareness is seen helping it stand out from rivals like Xpeng Motors and Li Auto.Sales of Nio's premium electric SUVs climbed 113% in 2020 to 43,728. The EC6 crossover, which only went on sale in September, is already Nio's top seller. The EC6 now faces competition from Tesla's Model Y and soon Volkswagen's ID.4, which launches in China in late March.But Nio moved early and quickly to put artificial intelligence in its cars, analysts say. And a new Nio EV, the sleek ET7 sedan unveiled in January, is supposed to make the leap from advanced driver-assist systems (ADAS) to autonomous driving.\"Nio pioneered this clean-sheet approach, where you're essentially building the software from the ground up, whether it's for entertainment, for AI, or for ADAS,\" said Deutsche Bank analyst Edison Yu.But its biggest innovations go beyond the car itself. In 2020, Nio broke the norm with an option to buy electric cars without batteries, instead letting users rent the battery for a monthly fee.Nio stock has come off highs reached in early January and is back below the 50-day line for the first time in nearly a year. Nio's mixed Q4 financial results and a warning that the global chip shortage will dent production sent shares down further. (Is Nio stock a buy as the chip shortage weighs on its outlook?)Other China EV Stocks To WatchBut Nio's rivals are preparing for more intense competition. Xpeng and Li Auto raised billions of dollars in late 2020 as they joined an arms race for capital vs. Nio and Tesla.Xpeng sold 27,041 electric cars last year, up 112%. Xpeng sells the P7 sedan and G3 compact SUV. Like Tesla, Xpeng is expanding a network of supercharging stations across China. It's also even further along on autonomous EV technology, Yu says, though it lacks Nio's brand power.After volume production began in late 2019, Li Auto delivered 32,624 units of its Li One electric SUV for all of 2020. In December, Goldman Sachs analysts said Li Auto was differentiating itself by \"envisioning and creating compelling EV consumer experiences — and showing a willingness to take on the risk of unconventional technologies and act innovatively.\"While Tesla stock and Nio stock grab the attention among EV investors, the leader by sales volume in China is the less-well-known BYD. It sold 130,968 battery electric vehicles last year, down 11%, despite launching the Han sedan and Tang SUV. That number doesn't include the company's plug-in hybrids and other \"new energy vehicles.\" BYD has the distinction of counting Warren Buffett's Berkshire Hathaway as an investor.Like Nio stock, Xpeng and Li Auto have come well off their highs along with other growth stocks. Meanwhile, GM stock, Ford stock and VW are doing better in 2021, though the new EV stocks are crushing the old guard from the start of 2020. In fact, Nio stock is up more than 1,700% from last year's low, while GM is up about 260% in the same period.Early Days For U.S. EV StartupsMost of the U.S. EV startups that came public recently, or are about to go public, have done so via special purpose acquisition companies. But merging with a SPAC allows for less disclosure than a traditional IPO, meaning more potential risk for investors.Unlike the Chinese EV stocks, the U.S. newcomers are still developing their vehicles. So it's too soon to tell which could emerge as a disrupter, says Deutsche Bank analyst Emmanuel Rosner.\"They are mostly talking about a business model rather than actually producing vehicles,\" he added.And yet Wall Street can't get enough of EV stocks. They include Nikola, Fisker, Canoo and Lordstown. Others, like Rivian, aren't public yet, while Lucid, Faraday Future, and Xos Trucks will debut after their blank-check deals close. In fact, Lucid's record blank-check deal values the company at $24 billion, while delivery of its first EV, the luxury Lucid Air sedan, won't happen until later this year.For now, some of the EV stocks are aiming for niche markets rather than taking on the world.Faraday's FF 91, which will cost $150,000 to $200,000, touts 11 screens and a \"spa mode\" where lights dim and fully reclined seats massage passengers. Meanwhile, Canoo specializes in cars, minibuses and commercial vehicles for rental and sharing services.\"It's less about becoming the next Tesla and more about exploiting what they view as underserved markets,\" Rosner said.But Faraday plans a commercial EV for last-mile deliveries in 2023 and two mass-market EVs by 2024. And Tesla started also at the high end of the EV market with its Roadster, which went on sale in 2006 for more than $100,000.Most of the new EV stocks or shares of the shell company SPACs are slumping after initial spikes. But Fisker stock, after reporting a jump in reservations, has hit new highs.Beyond Tesla Stock: Intense Competition In Electric TrucksMeanwhile, other startups are making electric pickup trucks and SUVs, targeting the most lucrative segment of the auto market, where Tesla, GM and other giant auto companies are making moves.Dunne says Rivian, which is expected to go public this year, is best poised to challenge established automakers.\"Rivian is a quality organization top to bottom, with powerful backers, and an understanding from a design perspective of who their customer is — premium customers looking for off-road experiences with their SUVs and their trucks,\" he said.Its R1T pickup truck is due to arrive in June, bankrolled by $8 billion in investments from the likes of Amazon, Fidelity and even Ford. A second EV, the R1S SUV, arrives in August.Its technology may be key to gaining an edge over Tesla's Cybertruck and GM's electric Hummer truck. Rivian touts batteries that can endure the hottest and coldest places, deliver 400 miles on a charge, drive to a wading depth of three feet and provide towing capacity of up to 11,000 pounds. And Rivian's R1T, packed with 28 cameras and sensors, could be the first electric truck to offer highly autonomous driving on U.S. highways.Fisker, meanwhile, will start production of its Ocean electric SUV in late 2022. It could get a technology boost from Apple supplier Foxconn, which is teaming up with Fisker to develop another EV.Commercial EV StocksA hot subset of the EV market is for commercial vehicles, and investors will find some of the same names that play in other segments. Some stocks to watch include GM and Ford.Nikola had planned its own electric pickup but lost GM as a manufacturing partner. Still, Nikola's Tre battery-electric semi-truck will begin deliveries in Q4.That highlights the opportunity other EV stocks have in the market for commercial vehicles. Selling to large businesses may be the fastest way to recoup the steep costs of developing EVs.Lordstown aims to start production of its Endurance electric pickup, which targets fleet operators, in September.Electric cargo and shuttle vans for commercial customers also loom large. Workhorse Group and Lightning eMotors are developing electric vans.Rivian is building delivery vans for Amazon that will launch this year. And Canoo's delivery van models will go into limited production in 2022.But the upstarts are entering a competitive market. General Motors and Ford have new, all-electric delivery vans hitting the road in late 2021.Legacy Automakers Becoming EV StocksGlobal auto companies like GM, Ford and Volkswagen are about to let loose a staggering electric-vehicle onslaught.VW has a five-year spending plan of $86 billion, with plans for 70 fully electric vehicles by 2030. Ford more than doubled its investments in electric and autonomous vehicles to $29 billion through 2025. Its goal is to launch 16 fully electric cars by 2022, and sales of the new Mustang Mach-E have been strong so far.GM plans to spend $27 billion, up from a prior target of $20 billion, and aims to launch 30 new EVs around the world by 2025 across its luxury and mass-market brands.GM's transformation has drawn particular attention. \"We believe investors should prepare for a profound narrative change at GM put into action in 2021,\" Morgan Stanley analyst Adam Jonas wrote in a January note.That month, GM revealed a new and potentially disruptive EV business, called BrightDrop, focused on the delivery and logistics market.But the linchpin of its EV strategy is the Ultium battery technology, which GM says will support a range of 450 miles on a single charge while reducing costs and weight. A next-generation Ultium platform is already in the works to extend the range to 600 miles.\"We will seize every opportunity to drive growth, expand our markets and enter new ones,\" CEO Mary Barra said Feb. 10. \"Our Ultium platform is core to these initiatives. It is the foundation for our upcoming global family of EVs.\"EV Battery And Charging CompaniesCompanies making vehicles aren't the only EV stocks for investors to watch. Other companies make car batteries and car charging stations. Among them are new IPO stocks Blink Charging and QuantumScape in 2020. ChargePoint debuted March 1. Rival EVgo will go public via blank-check firm Climate Change Crisis Real Impact I Acquisition Corp. in Q2 under the ticker EVGO.Meanwhile, Hyliion will start shipping its electric powertrain for big-rig trucks, with a claimed range of 1,000 miles. It's also developing powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.Romeo Power makes battery packs for commercial EV fleets. Other names are Enovix and Microvast, which are coming public via SPAC mergers.QuantumScape appears to have achieved a major breakthrough in developing solid-state lithium metal batteries. The batteries promise to be safer and cheaper, have a longer life span, charge faster and have more energy density than existing lithium ion batteries.On Feb. 16, the Bill Gates- and Volkswagen-backed startup revealed it can produce multilayered battery cells. Its four-layer battery is still short of the 12 or so needed to be commercially viable. But the company is confident enough in its ability to make progress that it decided to build a \"pre-pilot\" production facility to make \"enough batteries for hundreds of long-range battery electric test vehicles per year\" by 2023.\"The company has shown its battery cell can charge up to 80% of capacity in 15 minutes, which would be a 'game changer' if this scales at mass volumes,\" Wedbush analyst Dan Ives wrote in a recent note.It's Not Just Tesla StockFor now, Tesla stock is 30% below its intraday record, has given back all its gains so far this year, and is below the price when it debuted on the S&P 500. Its recent dive below the 50-day line was a sell signal, according to IBD Leaderboard.But Ives, a prominent Tesla stock bull, said in a March 4 note that \"the EV party and transformation is just beginning,\" adding that a \"green tidal wave\" is on the horizon as EV adoption speeds up.He also predicted the electric-vehicle industry could balloon to a $5 trillion market over the next decade. That's up from about $250 billion in 2020.And that growth forecast also applies to the legacy auto giants, Ives wrote, pointing to the likes of GM and Ford \"jumping into the deep end of the pool on EVs.\"In an interview Dec. 29, Ives suggested it's not just going to be Tesla's world. \"It's an ocean of opportunities,\" Ives told IBD. \"There's room for more than one boat.\"","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362133793,"gmtCreate":1614605608012,"gmtModify":1704772955202,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"yay","listText":"yay","text":"yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/362133793","repostId":"1105841550","repostType":4,"repost":{"id":"1105841550","kind":"news","pubTimestamp":1614600153,"share":"https://ttm.financial/m/news/1105841550?lang=en_US&edition=fundamental","pubTime":"2021-03-01 20:02","market":"us","language":"en","title":"'Build Me An Ark': The Tsunami Of Risk Of Tesla-Bitcoin-Cathie Wood Is Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=1105841550","media":"zerohedge","summary":"Summary:\n\n In today's equity update we are following up on our\n analysis of the Tesla-Bitcoin-Ark ri","content":"<p><u><b>Summary:</b></u></p>\n<blockquote>\n In today's equity update we are following up on our\n <b>analysis of the Tesla-Bitcoin-Ark risk cluster</b>showing an updated positions analysis, cross-correlations in the flagship Ark Innovation ETF, and an drawdown analysis. Yesterday, was another bad session for this risk cluster and Ark Invest had a day with outflows across all their ETFs highlighting that risk sentiment has changed. With the founder's bold move to increase the position in Tesla during the week the risk has gone up that this risk cluster could turn into an ugly forced selling dynamic causing pain in not only Tesla, Bitcoin, and Ark funds, but also US biotechnology stocks where Ark Invest is a major holder with high ownership in selected names.\n</blockquote>\n<p>A little over a month ago we first flagged the Tesla-Bitcoin-Ark risk cluster as something to take note off as short-term correlation between Tesla and Bitcoin was shooting up. A survey from Charles Schwab also confirmed our suspicion that there is a big overlap as these two instruments are among the top five holdings by millennials. Our analysis quickly led us to Ark Invest with its famous Ark Innovation ETF which had a big position in Tesla and its charismatic founder Cathie Wood is a big believer in the so-called disruptive innovation culture of Silicon Valley. This class of people believe firmly in technology as mainly good for society in all its aspects and that&nbsp;Bitcoin is a protection against future wealth confiscation&nbsp;which is most likely inevitable due to historically high wealth inequality.</p>\n<p>This disruptive innovation culture is powerful. It is presented by some of the wealthiest people of this planet. Endless presentation about innovation and institutions like the Singularity University promote these views. Behind Bitcoin you find a huge online marketing machine sucking ordinary people into the game. Recently wealthy people such as Elon Musk has openly supported Bitcoin, first in writing and later in action adding $1.5bn to Tesla’s balance sheet and thereby significantly increasing its earnings volatility. The triangle of Tesla-Bitcoin-Ark and their respective momentum has reinforced each other creating a positive feedback loop luring more investors into these instruments. As we have seen this week the ‘tower of risk’ is beginning to show cracks.</p>\n<p><b>Ark position update and Cathie Wood’s bold move and the risk to biotechnology</b></p>\n<p>This week Tesla-Bitcoin-Ark all came under pressure from negative voices in governments over Bitcoin and beginning noise over real competition for Tesla in the coming years. The risk cluster was clearly moving together, and correlations started rising. On Tuesday, volatility picked up across the board and at one point Cathie Wood felt it was necessary to go public supporting her funds and said that&nbsp;she had increased their position in Tesla&nbsp;using big numbers in the future to justify increasing the risk. This is a bold move, but it increases the risk considerably. When you are at risk of seeing sizeable outflows, you should start reducing the most illiquid positions first while you can control the situation. Because if you are forced to do it by redemptions the game changes dramatically.</p>\n<p>The tables below show updated Ark Invest positions as of yesterday’s close. There are still 26 stocks where Ark Invest holds more than 10% of the outstanding shares. This could become a serious problem if Ark Invest is suddenly caught in a negative feedback loop together with Tesla and Bitcoin. But also note how US biotechnology stocks are overrepresented in this list of stocks with high ownership in percentage of outstanding shares. If Ark Invest suddenly experience across the board outflows, like it did yesterday, then they can suddenly be the forced seller in US biotechnology stocks where they are the whale. This could cascade into the overall US biotechnology segment although the group is diverse.</p>\n<p><i>Stocks held by Ark Invest funds with combined ownership above 10% of outstanding shares</i></p>\n<p><img src=\"https://static.tigerbbs.com/b97684f80243d32efc06f3379d51d4fb\" tg-width=\"500\" tg-height=\"353\">Source: Ark Invest, Bloomberg, and Saxo Group</p>\n<p>The table below shows the largest positions across all funds. Here Tesla has now jumped to 7% of AUM and the first five positions now account for 21.6% of AUM. The five biggest stocks are Tesla, Teladoc Health, Square, Roku, and Baidu. Square just recently reported disappointing Q4 earnings and announced the purchase of $170mn of Bitcoin increasing the risk and feedback loop further in this risk cluster. In the Ark Innovation ETF itself, Tesla is now 10.2% of assets and together with Roku (6%) and Square (5.4%) these three stocks represent 21.6% of assets. If you look at the 10 largest positions in the Ark Innovation ETF then the red thread is that they all come with very high equity valuations and thus low implied equity risk premiums. They are all also mostly equity financed, except for Tesla, which means that the WACC, cost of capital, predominantly come from the cost of equity. With low implied equity risk premiums, the risk-free rate dominates much more than for a company such as say Microsoft or Apple. This means that the rising interest rates could suddenly cause a huge shift in equity valuations. Not because the future is different but because the cost of capital has changed.</p>\n<p><i>Top positions in terms of Ark Invest AUM across all funds</i></p>\n<p><img src=\"https://static.tigerbbs.com/7e06fcb66d5a52e629b48c9cab492586\" tg-width=\"500\" tg-height=\"302\">Source: Ark Invest, Bloomberg, and Saxo Group</p>\n<p><u><b>Correlations on the rise and drawdown outlier</b></u></p>\n<p>The best sign of risk going haywire is always fast rising cross-correlations whether it is on asset classes or single stocks. The chart below shows the 10-day moving cross-correlation in the Ark Innovation ETF since early 2020. It has recently moved to around 0.6 and while it is not a new record the direction is up and has been fast coming from only 0.2 from a few weeks ago. The next week will be critical for the Tesla-Bitcoin-Ark risk cluster as negative feedback loops can be violent and very unpredictable in their outcome.</p>\n<p><img src=\"https://static.tigerbbs.com/ab96aaafda10c2371b1d3a1a14c4a48a\" tg-width=\"500\" tg-height=\"280\"><i>Source: Bloomberg and Saxo Group</i></p>\n<p>Another way of looking at risk is by plotting Ark Innovation ETF drawdowns against that of Nasdaq 100 since December 2015.<b>The ETF has typically experienced a drawdown that is 1.22 times larger than that of Nasdaq 100</b>. As of yesterday, the ratio stands at 2.44 and thus illustrates that something idiosyncratic is taking place at Ark Innovation ETF.</p>\n<p><img src=\"https://static.tigerbbs.com/80db26e42e2910071718ff22a1ff3f2b\" tg-width=\"500\" tg-height=\"308\"><b>If outflows continue today and Tesla comes under pressure again then this indicator could very well hit a new record in terms of being an outlier signaling a negative feedback loop on risk has started.</b></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>'Build Me An Ark': The Tsunami Of Risk Of Tesla-Bitcoin-Cathie Wood Is Coming</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\">\n'Build Me An Ark': The Tsunami Of Risk Of Tesla-Bitcoin-Cathie Wood Is Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 20:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/build-me-ark-tsunami-risk-tesla-bitcoin-cathie-wood-coming><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary:\n\n In today's equity update we are following up on our\n analysis of the Tesla-Bitcoin-Ark risk clustershowing an updated positions analysis, cross-correlations in the flagship Ark Innovation ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/build-me-ark-tsunami-risk-tesla-bitcoin-cathie-wood-coming\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKW":"ARK Next Generation Internet ETF","ARKF":"ARK Fintech Innovation ETF","ARKR":"Ark Restaurants Corp","ARKQ":"ARK Autonomous Technology & Robotics ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF","GBTC":"比特币ETF-Grayscale","ARKK":"ARK Innovation ETF"},"source_url":"https://www.zerohedge.com/markets/build-me-ark-tsunami-risk-tesla-bitcoin-cathie-wood-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105841550","content_text":"Summary:\n\n In today's equity update we are following up on our\n analysis of the Tesla-Bitcoin-Ark risk clustershowing an updated positions analysis, cross-correlations in the flagship Ark Innovation ETF, and an drawdown analysis. Yesterday, was another bad session for this risk cluster and Ark Invest had a day with outflows across all their ETFs highlighting that risk sentiment has changed. With the founder's bold move to increase the position in Tesla during the week the risk has gone up that this risk cluster could turn into an ugly forced selling dynamic causing pain in not only Tesla, Bitcoin, and Ark funds, but also US biotechnology stocks where Ark Invest is a major holder with high ownership in selected names.\n\nA little over a month ago we first flagged the Tesla-Bitcoin-Ark risk cluster as something to take note off as short-term correlation between Tesla and Bitcoin was shooting up. A survey from Charles Schwab also confirmed our suspicion that there is a big overlap as these two instruments are among the top five holdings by millennials. Our analysis quickly led us to Ark Invest with its famous Ark Innovation ETF which had a big position in Tesla and its charismatic founder Cathie Wood is a big believer in the so-called disruptive innovation culture of Silicon Valley. This class of people believe firmly in technology as mainly good for society in all its aspects and that Bitcoin is a protection against future wealth confiscation which is most likely inevitable due to historically high wealth inequality.\nThis disruptive innovation culture is powerful. It is presented by some of the wealthiest people of this planet. Endless presentation about innovation and institutions like the Singularity University promote these views. Behind Bitcoin you find a huge online marketing machine sucking ordinary people into the game. Recently wealthy people such as Elon Musk has openly supported Bitcoin, first in writing and later in action adding $1.5bn to Tesla’s balance sheet and thereby significantly increasing its earnings volatility. The triangle of Tesla-Bitcoin-Ark and their respective momentum has reinforced each other creating a positive feedback loop luring more investors into these instruments. As we have seen this week the ‘tower of risk’ is beginning to show cracks.\nArk position update and Cathie Wood’s bold move and the risk to biotechnology\nThis week Tesla-Bitcoin-Ark all came under pressure from negative voices in governments over Bitcoin and beginning noise over real competition for Tesla in the coming years. The risk cluster was clearly moving together, and correlations started rising. On Tuesday, volatility picked up across the board and at one point Cathie Wood felt it was necessary to go public supporting her funds and said that she had increased their position in Tesla using big numbers in the future to justify increasing the risk. This is a bold move, but it increases the risk considerably. When you are at risk of seeing sizeable outflows, you should start reducing the most illiquid positions first while you can control the situation. Because if you are forced to do it by redemptions the game changes dramatically.\nThe tables below show updated Ark Invest positions as of yesterday’s close. There are still 26 stocks where Ark Invest holds more than 10% of the outstanding shares. This could become a serious problem if Ark Invest is suddenly caught in a negative feedback loop together with Tesla and Bitcoin. But also note how US biotechnology stocks are overrepresented in this list of stocks with high ownership in percentage of outstanding shares. If Ark Invest suddenly experience across the board outflows, like it did yesterday, then they can suddenly be the forced seller in US biotechnology stocks where they are the whale. This could cascade into the overall US biotechnology segment although the group is diverse.\nStocks held by Ark Invest funds with combined ownership above 10% of outstanding shares\nSource: Ark Invest, Bloomberg, and Saxo Group\nThe table below shows the largest positions across all funds. Here Tesla has now jumped to 7% of AUM and the first five positions now account for 21.6% of AUM. The five biggest stocks are Tesla, Teladoc Health, Square, Roku, and Baidu. Square just recently reported disappointing Q4 earnings and announced the purchase of $170mn of Bitcoin increasing the risk and feedback loop further in this risk cluster. In the Ark Innovation ETF itself, Tesla is now 10.2% of assets and together with Roku (6%) and Square (5.4%) these three stocks represent 21.6% of assets. If you look at the 10 largest positions in the Ark Innovation ETF then the red thread is that they all come with very high equity valuations and thus low implied equity risk premiums. They are all also mostly equity financed, except for Tesla, which means that the WACC, cost of capital, predominantly come from the cost of equity. With low implied equity risk premiums, the risk-free rate dominates much more than for a company such as say Microsoft or Apple. This means that the rising interest rates could suddenly cause a huge shift in equity valuations. Not because the future is different but because the cost of capital has changed.\nTop positions in terms of Ark Invest AUM across all funds\nSource: Ark Invest, Bloomberg, and Saxo Group\nCorrelations on the rise and drawdown outlier\nThe best sign of risk going haywire is always fast rising cross-correlations whether it is on asset classes or single stocks. The chart below shows the 10-day moving cross-correlation in the Ark Innovation ETF since early 2020. It has recently moved to around 0.6 and while it is not a new record the direction is up and has been fast coming from only 0.2 from a few weeks ago. The next week will be critical for the Tesla-Bitcoin-Ark risk cluster as negative feedback loops can be violent and very unpredictable in their outcome.\nSource: Bloomberg and Saxo Group\nAnother way of looking at risk is by plotting Ark Innovation ETF drawdowns against that of Nasdaq 100 since December 2015.The ETF has typically experienced a drawdown that is 1.22 times larger than that of Nasdaq 100. As of yesterday, the ratio stands at 2.44 and thus illustrates that something idiosyncratic is taking place at Ark Innovation ETF.\nIf outflows continue today and Tesla comes under pressure again then this indicator could very well hit a new record in terms of being an outlier signaling a negative feedback loop on risk has started.","news_type":1,"symbols_score_info":{"ARKW":0.9,"ARKF":0.9,"GBTC":0.9,"ARKR":0.9,"ARKG":0.9,"TSLA":0.9,"ARKK":0.9,"ARKQ":0.9}},"isVote":1,"tweetType":1,"viewCount":956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384391551,"gmtCreate":1613612297573,"gmtModify":1704882694322,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"MA play catch up!","listText":"MA play catch up!","text":"MA play catch up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/384391551","repostId":"1109567373","repostType":4,"repost":{"id":"1109567373","kind":"news","pubTimestamp":1613557874,"share":"https://ttm.financial/m/news/1109567373?lang=en_US&edition=fundamental","pubTime":"2021-02-17 18:31","market":"us","language":"en","title":"PayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.","url":"https://stock-news.laohu8.com/highlight/detail?id=1109567373","media":"Barrons","summary":"Investors can’t get enough of PayPal Holdings,pushing its market value past Mastercard‘s.\nShares of ","content":"<p>Investors can’t get enough of&nbsp;PayPal Holdings,pushing its market value past&nbsp;Mastercard‘s.</p>\n<p>Shares of PayPal (ticker: PYPL) have rocketed 31% this year, including a 2.7% gain on Tuesday, to around $306. PayPal’s market value is now $359 billion.Mastercard‘s equity, meanwhile, was worth $339 billion at recent prices around $341.</p>\n<p>Mastercard (MA) andVisa(V), the two major card-processing networks, have been hurt by a slowdown in payment volumes related to the pandemic, particularly in highly profitable cross-border transactions. Both stocks are down around 4% this year and are largely flat over the past 52 weeks.</p>\n<p>PayPal, on the other hand, got a lift as the pandemic sent shoppers online and fueled a surge in digital payments. The company is also developing new revenue streams, aiming to become a digital payments “super app,” expanding into everything from Bitcoin to in-store QR-codes, international money transfers, and new peer-to-peer (P2P) services.</p>\n<p>PayPal outlined its five-year strategy in a presentation to investors last week. And some analysts were clearly impressed. Lisa Ellis of MoffettNathanson raised her price target on the stock to $350, reflecting a variety of sources of growth.</p>\n<p>Just about every facet of the business may bepoisedto double over the next five years. PayPal expects to have 750 million active accounts by 2025, up from 377 million now. It sees total payments volume expanding at a 25% annualized rate, reaching $2.8 trillion by 2025.&nbsp; Revenues are expected to hit more than $50 billion, up from an estimated $25.6 billion this year.</p>\n<p>PayPal also expects to boost adjusted operating margins from 25% to 28%, and sees earnings per share rising an average 22% a year. It’s planning to generate $40 billion in free cash flow over the next five years, targeting 30% to 40% for share repurchases.</p>\n<p>As Ellis points out, PayPal has several stepping stones to hit those targets. One is a new service called Buy Now Pay Later, an interest-free installment plan for consumer purchases. The service is gaining traction, with $750 million of transaction volume in the fourth quarter.</p>\n<p>Anothergrowth driveris cryptocurrencies. PayPal users can now buy and store Bitcoin and other cryptocurrencies on its app. The company aims to allow crypto to be used as a funding source with the 28 million merchants on its platform, acting as a middleman between consumers and businesses. Bitcoinhit a record$50,000 on Tuesday, up 75% this year, and it appears to be driving greater usage of PayPal, which could ultimately lead to higher average revenue per customer.</p>\n<p>PayPal also aims to use its Venmo P2P service as a platform for consumer-to-business payments. And PayPal is making inroads with brick-and-mortar merchants through QR technology for contactless payments in stores.</p>\n<p>Does all of this warrant a higher market value and a steep premium to Mastercard stock? The card network is actually expected to lift revenue and profits at a faster pace in fiscal 2021, according to Ellis, growing revenue 21.7% versus 19% for PayPal. She also sees Mastercard’s earnings per share rising 33.3% versus 17.5% for PayPal’s.</p>\n<p>But the five-year outlook is clearly more favorable for PayPal, with revenue rising 21% a year, compared with 15% for Mastercard, and earnings compounding at a 22% rate, versus 17% for Mastercard.</p>\n<p>The question is whether PayPal’s valuation is getting too rich. At 67 times estimated 2021 per-share earnings, PayPal stock is trading nearly three times more expensive than the S&amp;P 500’s P/E ratio of 23 times earnings. Mastercard goes for 42 times 2021 earnings.</p>\n<p>Nonetheless, Wall Street can’t seem to catch up with PayPal’s fast-rising stock. The average target for the stock price is $309, less than 2% above the recent level.</p>\n<p>“You have to appreciate the earnings power in the model,” says Wedbush analyst Moshe Katri, who maintained a $300 target on the stock after the presentation last week. “The more they’re able to expand user engagement and get to point where users keep going back and using its products, the more the user fees can go up.”</p>\n<p>Whether that means the stock can keep climbing will depend on how quickly it can turn into the super-app that Wall Street has come to expect.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.</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\">\nPayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 18:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/paypal-is-now-worth-more-than-mastercard-why-it-may-extend-its-lead-51613506791?mod=hp_DAY_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors can’t get enough of PayPal Holdings,pushing its market value past Mastercard‘s.\nShares of PayPal (ticker: PYPL) have rocketed 31% this year, including a 2.7% gain on Tuesday, to around $306....</p>\n\n<a href=\"https://www.barrons.com/articles/paypal-is-now-worth-more-than-mastercard-why-it-may-extend-its-lead-51613506791?mod=hp_DAY_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MA":"万事达","PYPL":"PayPal"},"source_url":"https://www.barrons.com/articles/paypal-is-now-worth-more-than-mastercard-why-it-may-extend-its-lead-51613506791?mod=hp_DAY_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109567373","content_text":"Investors can’t get enough of PayPal Holdings,pushing its market value past Mastercard‘s.\nShares of PayPal (ticker: PYPL) have rocketed 31% this year, including a 2.7% gain on Tuesday, to around $306. PayPal’s market value is now $359 billion.Mastercard‘s equity, meanwhile, was worth $339 billion at recent prices around $341.\nMastercard (MA) andVisa(V), the two major card-processing networks, have been hurt by a slowdown in payment volumes related to the pandemic, particularly in highly profitable cross-border transactions. Both stocks are down around 4% this year and are largely flat over the past 52 weeks.\nPayPal, on the other hand, got a lift as the pandemic sent shoppers online and fueled a surge in digital payments. The company is also developing new revenue streams, aiming to become a digital payments “super app,” expanding into everything from Bitcoin to in-store QR-codes, international money transfers, and new peer-to-peer (P2P) services.\nPayPal outlined its five-year strategy in a presentation to investors last week. And some analysts were clearly impressed. Lisa Ellis of MoffettNathanson raised her price target on the stock to $350, reflecting a variety of sources of growth.\nJust about every facet of the business may bepoisedto double over the next five years. PayPal expects to have 750 million active accounts by 2025, up from 377 million now. It sees total payments volume expanding at a 25% annualized rate, reaching $2.8 trillion by 2025.  Revenues are expected to hit more than $50 billion, up from an estimated $25.6 billion this year.\nPayPal also expects to boost adjusted operating margins from 25% to 28%, and sees earnings per share rising an average 22% a year. It’s planning to generate $40 billion in free cash flow over the next five years, targeting 30% to 40% for share repurchases.\nAs Ellis points out, PayPal has several stepping stones to hit those targets. One is a new service called Buy Now Pay Later, an interest-free installment plan for consumer purchases. The service is gaining traction, with $750 million of transaction volume in the fourth quarter.\nAnothergrowth driveris cryptocurrencies. PayPal users can now buy and store Bitcoin and other cryptocurrencies on its app. The company aims to allow crypto to be used as a funding source with the 28 million merchants on its platform, acting as a middleman between consumers and businesses. Bitcoinhit a record$50,000 on Tuesday, up 75% this year, and it appears to be driving greater usage of PayPal, which could ultimately lead to higher average revenue per customer.\nPayPal also aims to use its Venmo P2P service as a platform for consumer-to-business payments. And PayPal is making inroads with brick-and-mortar merchants through QR technology for contactless payments in stores.\nDoes all of this warrant a higher market value and a steep premium to Mastercard stock? The card network is actually expected to lift revenue and profits at a faster pace in fiscal 2021, according to Ellis, growing revenue 21.7% versus 19% for PayPal. She also sees Mastercard’s earnings per share rising 33.3% versus 17.5% for PayPal’s.\nBut the five-year outlook is clearly more favorable for PayPal, with revenue rising 21% a year, compared with 15% for Mastercard, and earnings compounding at a 22% rate, versus 17% for Mastercard.\nThe question is whether PayPal’s valuation is getting too rich. At 67 times estimated 2021 per-share earnings, PayPal stock is trading nearly three times more expensive than the S&P 500’s P/E ratio of 23 times earnings. Mastercard goes for 42 times 2021 earnings.\nNonetheless, Wall Street can’t seem to catch up with PayPal’s fast-rising stock. The average target for the stock price is $309, less than 2% above the recent level.\n“You have to appreciate the earnings power in the model,” says Wedbush analyst Moshe Katri, who maintained a $300 target on the stock after the presentation last week. “The more they’re able to expand user engagement and get to point where users keep going back and using its products, the more the user fees can go up.”\nWhether that means the stock can keep climbing will depend on how quickly it can turn into the super-app that Wall Street has come to expect.","news_type":1,"symbols_score_info":{"PYPL":0.9,"MA":0.9}},"isVote":1,"tweetType":1,"viewCount":955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386028846,"gmtCreate":1613116337885,"gmtModify":1704878540933,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"crypto ftw","listText":"crypto ftw","text":"crypto ftw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/386028846","repostId":"1179092967","repostType":4,"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389397551,"gmtCreate":1612681027873,"gmtModify":1704873483421,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"boring","listText":"boring","text":"boring","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/389397551","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":320467495,"gmtCreate":1615169193817,"gmtModify":1704779037937,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"great sharing","listText":"great sharing","text":"great sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":67,"repostSize":0,"link":"https://ttm.financial/post/320467495","repostId":"2117638933","repostType":4,"repost":{"id":"2117638933","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1614947300,"share":"https://ttm.financial/m/news/2117638933?lang=en_US&edition=fundamental","pubTime":"2021-03-05 20:28","market":"us","language":"en","title":"The Next Tesla May Emerge From This Explosion Of New EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2117638933","media":"Investors","summary":"Tesla stock’s huge run fueled demand for stocks like Nio. Now, dozens are vying for attention. Here's an investor guide to the swarm of new EV stocks.","content":"<p>The stunning run of Tesla stock over the past year fueled investor demand for a wave of new EV stocks. The new names represent everything from companies that sell tens of thousands of electric cars a year to startups that have yet to deliver a single vehicle.</p><p>And more EV stocks are coming, if you loosen the meaning of the phrase. Legacy auto giants like <b>General Motors</b> and <b>Ford</b> are transforming into electric-vehicle companies and plan scores of new models. Battery developers and EV charging networks have seen a burst of enthusiasm for their shares as investors bet on a new era of transportation and green energy.</p><p>While EV stocks have pulled back from dizzying highs lately, <a href=\"https://laohu8.com/S/AONE\">one</a> of them may be laying the technological groundwork right now to be the next <b>Tesla</b> or Nio stock.</p><p>But in the near term, investors in EV stocks should buckle up for a bumpy ride.</p><p>\"Nobody should expect anything but more volatility for the next year,\" said Michael Dunne, CEO of the auto consultancy ZoZo Go. \"That's how uncertain the future is with regard to EV startups.\"</p><p>Tesla's 2020 delivery total of nearly 500,000 electric vehicles set a high bar for challengers. Meanwhile, Tesla stock easily remains No. 1 by market cap in the auto industry, with a current value of $582 billion.</p><p><b>List Of New EV Stocks, Startups</b></p><table border=\"0\" width=\"100%\"><tbody><tr><td><b>Company</b></td><td><b>Symbol</b></td><td><b>Country</b></td><td><b>Electric vehicle exposure</b></td></tr><tr><td>Nio</td><td>NIO</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Xpeng</td><td>XPEV</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Li Auto</td><td>LI</td><td>China</td><td>SUVs</td></tr><tr><td>Nikola</td><td>NKLA</td><td>U.S.</td><td>Commercial trucks</td></tr><tr><td>Fisker</td><td>FSR</td><td>U.S.</td><td>SUVs</td></tr><tr><td>Canoo</td><td>GOEV</td><td>U.S.</td><td>Cars, minibuses, commercial vehicles</td></tr><tr><td>Lordstown</td><td>RIDE</td><td>U.S.</td><td>Pickup trucks for fleets</td></tr><tr><td>Rivian</td><td>not public yet</td><td>U.S.</td><td>Pickup trucks, SUVs, delivery vans</td></tr><tr><td>Faraday Future</td><td>PSAC/FFIE</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Lucid</td><td>CCIV/LCID</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Xos Trucks</td><td>NGAC/XOS</td><td>U.S.</td><td>Commercial trucks, batteries</td></tr><tr><td>QuantumScape</td><td>QS</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Romeo Power</td><td>RMO</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Hyliion</td><td>HYLN</td><td>U.S.</td><td>Commercial truck powertrains</td></tr><tr><td><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></td><td>BLNK</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>ChargePoint</td><td>CHPT</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>EVgo</td><td>CLII/EVGO</td><td>U.S.</td><td>EV charging stations</td></tr></tbody></table><hr><p><b>Nio Stock Eyes AI Edge Over EV Rivals</b></p><p>Many EV startups lack any real sales or production. Not so for several Chinese companies that went public in the U.S. between 2018 and 2020 and are seeing growth soar.</p><p>One of them is Nio stock, which took off in March 2020. <b>Nio</b>'s combination of innovation and brand awareness is seen helping it stand out from rivals like <b>Xpeng Motors</b> and <b>Li Auto</b>.</p><p>Sales of Nio's premium electric SUVs climbed 113% in 2020 to 43,728. The EC6 crossover, which only went on sale in September, is already Nio's top seller. The EC6 now faces competition from Tesla's Model Y and soon <b>Volkswagen</b>'s ID.4, which launches in China in late March.</p><p>But Nio moved early and quickly to put artificial intelligence in its cars, analysts say. And a new Nio EV, the sleek ET7 sedan unveiled in January, is supposed to make the leap from advanced driver-assist systems (ADAS) to autonomous driving.</p><p>\"Nio pioneered this clean-sheet approach, where you're essentially building the software from the ground up, whether it's for entertainment, for AI, or for ADAS,\" said Deutsche Bank analyst Edison Yu.</p><p>But its biggest innovations go beyond the car itself. In 2020, Nio broke the norm with an option to buy electric cars without batteries, instead letting users rent the battery for a monthly fee.</p><p>Nio stock has come off highs reached in early January and is back below the 50-day line for the first time in nearly a year. Nio's mixed Q4 financial results and a warning that the global chip shortage will dent production sent shares down further. <i>(Is Nio stock a buy as the chip shortage weighs on its outlook?)</i></p><p><b>Other China EV Stocks To Watch</b></p><p>But Nio's rivals are preparing for more intense competition. Xpeng and Li Auto raised billions of dollars in late 2020&nbsp;as they joined an arms race for capital vs. Nio and Tesla.</p><p>Xpeng sold 27,041 electric cars last year, up 112%. Xpeng sells the P7 sedan and G3 compact SUV. Like Tesla, Xpeng is expanding a network of supercharging stations across China. It's also even further along on autonomous EV technology, Yu says, though it lacks Nio's brand power.</p><p>After volume production began in late 2019, Li Auto delivered 32,624 units of its Li One electric SUV for all of 2020. In December, Goldman Sachs analysts said Li Auto was differentiating itself by \"envisioning and creating compelling EV consumer experiences — and showing a willingness to take on the risk of unconventional technologies and act innovatively.\"</p><p>While Tesla stock and Nio stock grab the attention among EV investors, the leader by sales volume in China is the less-well-known <b>BYD</b>. It sold 130,968 battery electric vehicles last year, down 11%, despite launching the Han sedan and Tang SUV. That number doesn't include the company's plug-in hybrids and other \"new energy vehicles.\" BYD has the distinction of counting Warren Buffett's <b>Berkshire Hathaway</b> as an investor.</p><p>Like Nio stock, Xpeng and Li Auto have come well off their highs along with other growth stocks.&nbsp;Meanwhile, GM stock, Ford stock and VW are doing better in 2021, though the new EV stocks are crushing the old guard from the start of 2020. In fact, Nio stock is up more than 1,700% from last year's low, while GM is up about 260% in the same period.</p><p><b>Early Days For U.S. EV Startups</b></p><p>Most of the U.S. EV startups that came public recently, or are about to go public, have done so via special purpose acquisition companies. But merging with a SPAC allows for less disclosure than a traditional IPO, meaning more potential risk for investors.</p><p>Unlike the Chinese EV stocks, the U.S. newcomers are still developing their vehicles. So it's too soon to tell which could emerge as a disrupter, says Deutsche Bank analyst Emmanuel Rosner.</p><p>\"They are mostly talking about a business model rather than actually producing vehicles,\" he added.</p><p>And yet Wall Street can't get enough of EV stocks. They include <b>Nikola</b>, <b>Fisker</b>, <b>Canoo</b> and <b>Lordstown</b>. Others, like Rivian, aren't public yet, while Lucid, Faraday Future, and Xos Trucks will debut after their blank-check deals close. In fact, Lucid's record blank-check deal values the company at $24 billion, while delivery of its first EV, the luxury Lucid Air sedan, won't happen until later this year.</p><p>For now, some of the EV stocks are aiming for niche markets rather than taking on the world.</p><p>Faraday's FF 91, which will cost $150,000 to $200,000, touts 11 screens and a \"spa mode\" where lights dim and fully reclined seats massage passengers. Meanwhile, Canoo specializes in cars, minibuses and commercial vehicles for rental and sharing services.</p><p>\"It's less about becoming the next Tesla and more about exploiting what they view as underserved markets,\" Rosner said.</p><p>But Faraday plans a commercial EV for last-mile deliveries in 2023 and two mass-market EVs by 2024. And Tesla started also at the high end of the EV market with its Roadster, which went on sale in 2006 for more than $100,000.</p><p>Most of the new EV stocks or shares of the shell company SPACs are slumping after initial spikes. But Fisker stock, after reporting a jump in reservations, has hit new highs.</p><p><b>Beyond Tesla Stock: Intense Competition In Electric Trucks</b></p><p>Meanwhile, other startups are making electric pickup trucks and SUVs, targeting the most lucrative segment of the auto market, where Tesla, GM and other giant auto companies are making moves.</p><p>Dunne says Rivian, which is expected to go public this year, is best poised to challenge established automakers.</p><p>\"Rivian is a quality organization top to bottom, with powerful backers, and an understanding from a design perspective of who their customer is — premium customers looking for off-road experiences with their SUVs and their trucks,\" he said.</p><p>Its R1T pickup truck is due to arrive in June, bankrolled by $8 billion in investments from the likes of <b>Amazon</b>, Fidelity and even Ford. A second EV, the R1S SUV, arrives in August.</p><p>Its technology may be key to gaining an edge over Tesla's Cybertruck and GM's electric Hummer truck. Rivian touts batteries that can endure the hottest and coldest places, deliver 400 miles on a charge, drive to a wading depth of three feet and provide towing capacity of up to 11,000 pounds. And Rivian's R1T, packed with 28 cameras and sensors, could be the first electric truck to offer highly autonomous driving on U.S. highways.</p><p>Fisker, meanwhile, will start production of its Ocean electric SUV in late 2022. It could get a technology boost from Apple supplier Foxconn, which is teaming up with Fisker to develop another EV.</p><p><b>Commercial EV Stocks</b></p><p>A hot subset of the EV market is for commercial vehicles, and investors will find some of the same names that play in other segments. Some stocks to watch include GM and Ford.</p><p>Nikola had planned its own electric pickup but lost GM as a manufacturing partner. Still, Nikola's Tre battery-electric semi-truck will begin deliveries&nbsp;in Q4.</p><p>That highlights the opportunity other EV stocks have in the market for commercial vehicles. Selling to large businesses may be the fastest way to recoup the steep costs of developing EVs.</p><p>Lordstown aims to start production of its Endurance electric pickup, which targets fleet operators, in September.</p><p>Electric cargo and shuttle vans for commercial customers also loom large. <b>Workhorse Group</b> and <b>Lightning eMotors</b> are developing electric vans.</p><p>Rivian is building delivery vans for Amazon that will launch this year. And Canoo's delivery van models will go into limited production in 2022.</p><p>But the upstarts are entering a competitive market. General Motors and Ford have new, all-electric delivery vans hitting the road in late 2021.</p><p><b>Legacy Automakers Becoming EV Stocks</b></p><p>Global auto companies like GM, Ford and Volkswagen are about to let loose a staggering electric-vehicle onslaught.</p><p>VW has a five-year spending plan of $86 billion, with plans for 70 fully electric vehicles by 2030. Ford more than doubled its investments in electric and autonomous vehicles to $29 billion through 2025. Its goal is to launch 16 fully electric cars by 2022, and sales of the new Mustang Mach-E have been strong so far.</p><p>GM plans to spend $27 billion, up from a prior target of $20 billion, and aims to launch 30 new EVs around the world by 2025 across its luxury and mass-market brands.</p><p>GM's transformation has drawn particular attention. \"We believe investors should prepare for a profound narrative change at GM put into action in 2021,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Adam Jonas wrote in a January note.</p><p>That month, GM revealed a new and potentially disruptive EV business, called BrightDrop, focused on the delivery and logistics market.</p><p>But the linchpin of its EV strategy is the Ultium battery technology, which GM says will support a range of 450 miles on a single charge while reducing costs and weight. A next-generation Ultium platform is already in the works to extend the range to 600 miles.</p><p>\"We will seize every opportunity to drive growth, expand our markets and enter new ones,\" CEO Mary Barra said Feb. 10. \"Our Ultium platform is core to these initiatives. It is the foundation for our upcoming global family of EVs.\"</p><p><b>EV Battery And Charging Companies</b></p><p>Companies making vehicles aren't the only EV stocks for investors to watch. Other companies make car batteries and car charging stations. Among them are new IPO stocks <b>Blink Charging</b> and <b>QuantumScape</b> in 2020. <b>ChargePoint</b> debuted March 1. Rival EVgo will go public via blank-check firm <b><a href=\"https://laohu8.com/S/CLII.U\">Climate Change Crisis Real Impact I Acquisition Corp.</a></b> in Q2 under the ticker EVGO.</p><p>Meanwhile, <b>Hyliion</b> will start shipping its electric powertrain for big-rig trucks, with a claimed range of 1,000 miles. It's also developing powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.</p><p><b>Romeo Power</b> makes battery packs for commercial EV fleets. Other names are Enovix and Microvast, which are coming public via SPAC mergers.</p><p>QuantumScape appears to have achieved a major breakthrough in developing solid-state lithium metal batteries. The batteries promise to be safer and cheaper, have a longer life span, charge faster and have more energy density than existing lithium ion batteries.</p><p>On Feb. 16, the Bill Gates- and Volkswagen-backed startup revealed it can produce multilayered battery cells. Its four-layer battery is still short of the 12 or so needed to be commercially viable. But the company is confident enough in its ability to make progress that it decided to build a \"pre-pilot\" production facility to make \"enough batteries for hundreds of long-range battery electric test vehicles per year\" by 2023.</p><p>\"The company has shown its battery cell can charge up to 80% of capacity in 15 minutes, which would be a 'game changer' if this scales at mass volumes,\" Wedbush analyst Dan Ives wrote in a recent note.</p><p><b>It's Not Just Tesla Stock</b></p><p>For now, Tesla stock is 30% below its intraday record, has given back all its gains so far this year, and is below the price when it debuted on the S&amp;P 500. Its recent dive below the 50-day line was a sell signal, according to IBD Leaderboard.</p><p>But Ives, a prominent Tesla stock bull, said in a March 4 note that \"the EV party and transformation is just beginning,\" adding that a \"green tidal wave\" is on the horizon as EV adoption speeds up.</p><p>He also predicted the electric-vehicle industry could balloon to a $5 trillion market over the next decade. That's up from about $250 billion in 2020.</p><p>And that growth forecast also applies to the legacy auto giants, Ives wrote, pointing to the likes of GM and Ford \"jumping into the deep end of the pool on EVs.\"</p><p>In an interview Dec. 29, Ives suggested it's not just going to be Tesla's world. \"It's an ocean of opportunities,\" Ives told IBD. \"There's room for more than <a href=\"https://laohu8.com/S/AONE.U\">one</a> boat.\"</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>The Next Tesla May Emerge From This Explosion Of New EV Stocks</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\">\nThe Next Tesla May Emerge From This Explosion Of New EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-03-05 20:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The stunning run of Tesla stock over the past year fueled investor demand for a wave of new EV stocks. The new names represent everything from companies that sell tens of thousands of electric cars a year to startups that have yet to deliver a single vehicle.</p><p>And more EV stocks are coming, if you loosen the meaning of the phrase. Legacy auto giants like <b>General Motors</b> and <b>Ford</b> are transforming into electric-vehicle companies and plan scores of new models. Battery developers and EV charging networks have seen a burst of enthusiasm for their shares as investors bet on a new era of transportation and green energy.</p><p>While EV stocks have pulled back from dizzying highs lately, <a href=\"https://laohu8.com/S/AONE\">one</a> of them may be laying the technological groundwork right now to be the next <b>Tesla</b> or Nio stock.</p><p>But in the near term, investors in EV stocks should buckle up for a bumpy ride.</p><p>\"Nobody should expect anything but more volatility for the next year,\" said Michael Dunne, CEO of the auto consultancy ZoZo Go. \"That's how uncertain the future is with regard to EV startups.\"</p><p>Tesla's 2020 delivery total of nearly 500,000 electric vehicles set a high bar for challengers. Meanwhile, Tesla stock easily remains No. 1 by market cap in the auto industry, with a current value of $582 billion.</p><p><b>List Of New EV Stocks, Startups</b></p><table border=\"0\" width=\"100%\"><tbody><tr><td><b>Company</b></td><td><b>Symbol</b></td><td><b>Country</b></td><td><b>Electric vehicle exposure</b></td></tr><tr><td>Nio</td><td>NIO</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Xpeng</td><td>XPEV</td><td>China</td><td>SUVs, sedans</td></tr><tr><td>Li Auto</td><td>LI</td><td>China</td><td>SUVs</td></tr><tr><td>Nikola</td><td>NKLA</td><td>U.S.</td><td>Commercial trucks</td></tr><tr><td>Fisker</td><td>FSR</td><td>U.S.</td><td>SUVs</td></tr><tr><td>Canoo</td><td>GOEV</td><td>U.S.</td><td>Cars, minibuses, commercial vehicles</td></tr><tr><td>Lordstown</td><td>RIDE</td><td>U.S.</td><td>Pickup trucks for fleets</td></tr><tr><td>Rivian</td><td>not public yet</td><td>U.S.</td><td>Pickup trucks, SUVs, delivery vans</td></tr><tr><td>Faraday Future</td><td>PSAC/FFIE</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Lucid</td><td>CCIV/LCID</td><td>U.S.</td><td>Luxury sedans</td></tr><tr><td>Xos Trucks</td><td>NGAC/XOS</td><td>U.S.</td><td>Commercial trucks, batteries</td></tr><tr><td>QuantumScape</td><td>QS</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Romeo Power</td><td>RMO</td><td>U.S.</td><td>Batteries</td></tr><tr><td>Hyliion</td><td>HYLN</td><td>U.S.</td><td>Commercial truck powertrains</td></tr><tr><td><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></td><td>BLNK</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>ChargePoint</td><td>CHPT</td><td>U.S.</td><td>EV charging stations</td></tr><tr><td>EVgo</td><td>CLII/EVGO</td><td>U.S.</td><td>EV charging stations</td></tr></tbody></table><hr><p><b>Nio Stock Eyes AI Edge Over EV Rivals</b></p><p>Many EV startups lack any real sales or production. Not so for several Chinese companies that went public in the U.S. between 2018 and 2020 and are seeing growth soar.</p><p>One of them is Nio stock, which took off in March 2020. <b>Nio</b>'s combination of innovation and brand awareness is seen helping it stand out from rivals like <b>Xpeng Motors</b> and <b>Li Auto</b>.</p><p>Sales of Nio's premium electric SUVs climbed 113% in 2020 to 43,728. The EC6 crossover, which only went on sale in September, is already Nio's top seller. The EC6 now faces competition from Tesla's Model Y and soon <b>Volkswagen</b>'s ID.4, which launches in China in late March.</p><p>But Nio moved early and quickly to put artificial intelligence in its cars, analysts say. And a new Nio EV, the sleek ET7 sedan unveiled in January, is supposed to make the leap from advanced driver-assist systems (ADAS) to autonomous driving.</p><p>\"Nio pioneered this clean-sheet approach, where you're essentially building the software from the ground up, whether it's for entertainment, for AI, or for ADAS,\" said Deutsche Bank analyst Edison Yu.</p><p>But its biggest innovations go beyond the car itself. In 2020, Nio broke the norm with an option to buy electric cars without batteries, instead letting users rent the battery for a monthly fee.</p><p>Nio stock has come off highs reached in early January and is back below the 50-day line for the first time in nearly a year. Nio's mixed Q4 financial results and a warning that the global chip shortage will dent production sent shares down further. <i>(Is Nio stock a buy as the chip shortage weighs on its outlook?)</i></p><p><b>Other China EV Stocks To Watch</b></p><p>But Nio's rivals are preparing for more intense competition. Xpeng and Li Auto raised billions of dollars in late 2020&nbsp;as they joined an arms race for capital vs. Nio and Tesla.</p><p>Xpeng sold 27,041 electric cars last year, up 112%. Xpeng sells the P7 sedan and G3 compact SUV. Like Tesla, Xpeng is expanding a network of supercharging stations across China. It's also even further along on autonomous EV technology, Yu says, though it lacks Nio's brand power.</p><p>After volume production began in late 2019, Li Auto delivered 32,624 units of its Li One electric SUV for all of 2020. In December, Goldman Sachs analysts said Li Auto was differentiating itself by \"envisioning and creating compelling EV consumer experiences — and showing a willingness to take on the risk of unconventional technologies and act innovatively.\"</p><p>While Tesla stock and Nio stock grab the attention among EV investors, the leader by sales volume in China is the less-well-known <b>BYD</b>. It sold 130,968 battery electric vehicles last year, down 11%, despite launching the Han sedan and Tang SUV. That number doesn't include the company's plug-in hybrids and other \"new energy vehicles.\" BYD has the distinction of counting Warren Buffett's <b>Berkshire Hathaway</b> as an investor.</p><p>Like Nio stock, Xpeng and Li Auto have come well off their highs along with other growth stocks.&nbsp;Meanwhile, GM stock, Ford stock and VW are doing better in 2021, though the new EV stocks are crushing the old guard from the start of 2020. In fact, Nio stock is up more than 1,700% from last year's low, while GM is up about 260% in the same period.</p><p><b>Early Days For U.S. EV Startups</b></p><p>Most of the U.S. EV startups that came public recently, or are about to go public, have done so via special purpose acquisition companies. But merging with a SPAC allows for less disclosure than a traditional IPO, meaning more potential risk for investors.</p><p>Unlike the Chinese EV stocks, the U.S. newcomers are still developing their vehicles. So it's too soon to tell which could emerge as a disrupter, says Deutsche Bank analyst Emmanuel Rosner.</p><p>\"They are mostly talking about a business model rather than actually producing vehicles,\" he added.</p><p>And yet Wall Street can't get enough of EV stocks. They include <b>Nikola</b>, <b>Fisker</b>, <b>Canoo</b> and <b>Lordstown</b>. Others, like Rivian, aren't public yet, while Lucid, Faraday Future, and Xos Trucks will debut after their blank-check deals close. In fact, Lucid's record blank-check deal values the company at $24 billion, while delivery of its first EV, the luxury Lucid Air sedan, won't happen until later this year.</p><p>For now, some of the EV stocks are aiming for niche markets rather than taking on the world.</p><p>Faraday's FF 91, which will cost $150,000 to $200,000, touts 11 screens and a \"spa mode\" where lights dim and fully reclined seats massage passengers. Meanwhile, Canoo specializes in cars, minibuses and commercial vehicles for rental and sharing services.</p><p>\"It's less about becoming the next Tesla and more about exploiting what they view as underserved markets,\" Rosner said.</p><p>But Faraday plans a commercial EV for last-mile deliveries in 2023 and two mass-market EVs by 2024. And Tesla started also at the high end of the EV market with its Roadster, which went on sale in 2006 for more than $100,000.</p><p>Most of the new EV stocks or shares of the shell company SPACs are slumping after initial spikes. But Fisker stock, after reporting a jump in reservations, has hit new highs.</p><p><b>Beyond Tesla Stock: Intense Competition In Electric Trucks</b></p><p>Meanwhile, other startups are making electric pickup trucks and SUVs, targeting the most lucrative segment of the auto market, where Tesla, GM and other giant auto companies are making moves.</p><p>Dunne says Rivian, which is expected to go public this year, is best poised to challenge established automakers.</p><p>\"Rivian is a quality organization top to bottom, with powerful backers, and an understanding from a design perspective of who their customer is — premium customers looking for off-road experiences with their SUVs and their trucks,\" he said.</p><p>Its R1T pickup truck is due to arrive in June, bankrolled by $8 billion in investments from the likes of <b>Amazon</b>, Fidelity and even Ford. A second EV, the R1S SUV, arrives in August.</p><p>Its technology may be key to gaining an edge over Tesla's Cybertruck and GM's electric Hummer truck. Rivian touts batteries that can endure the hottest and coldest places, deliver 400 miles on a charge, drive to a wading depth of three feet and provide towing capacity of up to 11,000 pounds. And Rivian's R1T, packed with 28 cameras and sensors, could be the first electric truck to offer highly autonomous driving on U.S. highways.</p><p>Fisker, meanwhile, will start production of its Ocean electric SUV in late 2022. It could get a technology boost from Apple supplier Foxconn, which is teaming up with Fisker to develop another EV.</p><p><b>Commercial EV Stocks</b></p><p>A hot subset of the EV market is for commercial vehicles, and investors will find some of the same names that play in other segments. Some stocks to watch include GM and Ford.</p><p>Nikola had planned its own electric pickup but lost GM as a manufacturing partner. Still, Nikola's Tre battery-electric semi-truck will begin deliveries&nbsp;in Q4.</p><p>That highlights the opportunity other EV stocks have in the market for commercial vehicles. Selling to large businesses may be the fastest way to recoup the steep costs of developing EVs.</p><p>Lordstown aims to start production of its Endurance electric pickup, which targets fleet operators, in September.</p><p>Electric cargo and shuttle vans for commercial customers also loom large. <b>Workhorse Group</b> and <b>Lightning eMotors</b> are developing electric vans.</p><p>Rivian is building delivery vans for Amazon that will launch this year. And Canoo's delivery van models will go into limited production in 2022.</p><p>But the upstarts are entering a competitive market. General Motors and Ford have new, all-electric delivery vans hitting the road in late 2021.</p><p><b>Legacy Automakers Becoming EV Stocks</b></p><p>Global auto companies like GM, Ford and Volkswagen are about to let loose a staggering electric-vehicle onslaught.</p><p>VW has a five-year spending plan of $86 billion, with plans for 70 fully electric vehicles by 2030. Ford more than doubled its investments in electric and autonomous vehicles to $29 billion through 2025. Its goal is to launch 16 fully electric cars by 2022, and sales of the new Mustang Mach-E have been strong so far.</p><p>GM plans to spend $27 billion, up from a prior target of $20 billion, and aims to launch 30 new EVs around the world by 2025 across its luxury and mass-market brands.</p><p>GM's transformation has drawn particular attention. \"We believe investors should prepare for a profound narrative change at GM put into action in 2021,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Adam Jonas wrote in a January note.</p><p>That month, GM revealed a new and potentially disruptive EV business, called BrightDrop, focused on the delivery and logistics market.</p><p>But the linchpin of its EV strategy is the Ultium battery technology, which GM says will support a range of 450 miles on a single charge while reducing costs and weight. A next-generation Ultium platform is already in the works to extend the range to 600 miles.</p><p>\"We will seize every opportunity to drive growth, expand our markets and enter new ones,\" CEO Mary Barra said Feb. 10. \"Our Ultium platform is core to these initiatives. It is the foundation for our upcoming global family of EVs.\"</p><p><b>EV Battery And Charging Companies</b></p><p>Companies making vehicles aren't the only EV stocks for investors to watch. Other companies make car batteries and car charging stations. Among them are new IPO stocks <b>Blink Charging</b> and <b>QuantumScape</b> in 2020. <b>ChargePoint</b> debuted March 1. Rival EVgo will go public via blank-check firm <b><a href=\"https://laohu8.com/S/CLII.U\">Climate Change Crisis Real Impact I Acquisition Corp.</a></b> in Q2 under the ticker EVGO.</p><p>Meanwhile, <b>Hyliion</b> will start shipping its electric powertrain for big-rig trucks, with a claimed range of 1,000 miles. It's also developing powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.</p><p><b>Romeo Power</b> makes battery packs for commercial EV fleets. Other names are Enovix and Microvast, which are coming public via SPAC mergers.</p><p>QuantumScape appears to have achieved a major breakthrough in developing solid-state lithium metal batteries. The batteries promise to be safer and cheaper, have a longer life span, charge faster and have more energy density than existing lithium ion batteries.</p><p>On Feb. 16, the Bill Gates- and Volkswagen-backed startup revealed it can produce multilayered battery cells. Its four-layer battery is still short of the 12 or so needed to be commercially viable. But the company is confident enough in its ability to make progress that it decided to build a \"pre-pilot\" production facility to make \"enough batteries for hundreds of long-range battery electric test vehicles per year\" by 2023.</p><p>\"The company has shown its battery cell can charge up to 80% of capacity in 15 minutes, which would be a 'game changer' if this scales at mass volumes,\" Wedbush analyst Dan Ives wrote in a recent note.</p><p><b>It's Not Just Tesla Stock</b></p><p>For now, Tesla stock is 30% below its intraday record, has given back all its gains so far this year, and is below the price when it debuted on the S&amp;P 500. Its recent dive below the 50-day line was a sell signal, according to IBD Leaderboard.</p><p>But Ives, a prominent Tesla stock bull, said in a March 4 note that \"the EV party and transformation is just beginning,\" adding that a \"green tidal wave\" is on the horizon as EV adoption speeds up.</p><p>He also predicted the electric-vehicle industry could balloon to a $5 trillion market over the next decade. That's up from about $250 billion in 2020.</p><p>And that growth forecast also applies to the legacy auto giants, Ives wrote, pointing to the likes of GM and Ford \"jumping into the deep end of the pool on EVs.\"</p><p>In an interview Dec. 29, Ives suggested it's not just going to be Tesla's world. \"It's an ocean of opportunities,\" Ives told IBD. \"There's room for more than <a href=\"https://laohu8.com/S/AONE.U\">one</a> boat.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117638933","content_text":"The stunning run of Tesla stock over the past year fueled investor demand for a wave of new EV stocks. The new names represent everything from companies that sell tens of thousands of electric cars a year to startups that have yet to deliver a single vehicle.And more EV stocks are coming, if you loosen the meaning of the phrase. Legacy auto giants like General Motors and Ford are transforming into electric-vehicle companies and plan scores of new models. Battery developers and EV charging networks have seen a burst of enthusiasm for their shares as investors bet on a new era of transportation and green energy.While EV stocks have pulled back from dizzying highs lately, one of them may be laying the technological groundwork right now to be the next Tesla or Nio stock.But in the near term, investors in EV stocks should buckle up for a bumpy ride.\"Nobody should expect anything but more volatility for the next year,\" said Michael Dunne, CEO of the auto consultancy ZoZo Go. \"That's how uncertain the future is with regard to EV startups.\"Tesla's 2020 delivery total of nearly 500,000 electric vehicles set a high bar for challengers. Meanwhile, Tesla stock easily remains No. 1 by market cap in the auto industry, with a current value of $582 billion.List Of New EV Stocks, StartupsCompanySymbolCountryElectric vehicle exposureNioNIOChinaSUVs, sedansXpengXPEVChinaSUVs, sedansLi AutoLIChinaSUVsNikolaNKLAU.S.Commercial trucksFiskerFSRU.S.SUVsCanooGOEVU.S.Cars, minibuses, commercial vehiclesLordstownRIDEU.S.Pickup trucks for fleetsRiviannot public yetU.S.Pickup trucks, SUVs, delivery vansFaraday FuturePSAC/FFIEU.S.Luxury sedansLucidCCIV/LCIDU.S.Luxury sedansXos TrucksNGAC/XOSU.S.Commercial trucks, batteriesQuantumScapeQSU.S.BatteriesRomeo PowerRMOU.S.BatteriesHyliionHYLNU.S.Commercial truck powertrainsBlink ChargingBLNKU.S.EV charging stationsChargePointCHPTU.S.EV charging stationsEVgoCLII/EVGOU.S.EV charging stationsNio Stock Eyes AI Edge Over EV RivalsMany EV startups lack any real sales or production. Not so for several Chinese companies that went public in the U.S. between 2018 and 2020 and are seeing growth soar.One of them is Nio stock, which took off in March 2020. Nio's combination of innovation and brand awareness is seen helping it stand out from rivals like Xpeng Motors and Li Auto.Sales of Nio's premium electric SUVs climbed 113% in 2020 to 43,728. The EC6 crossover, which only went on sale in September, is already Nio's top seller. The EC6 now faces competition from Tesla's Model Y and soon Volkswagen's ID.4, which launches in China in late March.But Nio moved early and quickly to put artificial intelligence in its cars, analysts say. And a new Nio EV, the sleek ET7 sedan unveiled in January, is supposed to make the leap from advanced driver-assist systems (ADAS) to autonomous driving.\"Nio pioneered this clean-sheet approach, where you're essentially building the software from the ground up, whether it's for entertainment, for AI, or for ADAS,\" said Deutsche Bank analyst Edison Yu.But its biggest innovations go beyond the car itself. In 2020, Nio broke the norm with an option to buy electric cars without batteries, instead letting users rent the battery for a monthly fee.Nio stock has come off highs reached in early January and is back below the 50-day line for the first time in nearly a year. Nio's mixed Q4 financial results and a warning that the global chip shortage will dent production sent shares down further. (Is Nio stock a buy as the chip shortage weighs on its outlook?)Other China EV Stocks To WatchBut Nio's rivals are preparing for more intense competition. Xpeng and Li Auto raised billions of dollars in late 2020 as they joined an arms race for capital vs. Nio and Tesla.Xpeng sold 27,041 electric cars last year, up 112%. Xpeng sells the P7 sedan and G3 compact SUV. Like Tesla, Xpeng is expanding a network of supercharging stations across China. It's also even further along on autonomous EV technology, Yu says, though it lacks Nio's brand power.After volume production began in late 2019, Li Auto delivered 32,624 units of its Li One electric SUV for all of 2020. In December, Goldman Sachs analysts said Li Auto was differentiating itself by \"envisioning and creating compelling EV consumer experiences — and showing a willingness to take on the risk of unconventional technologies and act innovatively.\"While Tesla stock and Nio stock grab the attention among EV investors, the leader by sales volume in China is the less-well-known BYD. It sold 130,968 battery electric vehicles last year, down 11%, despite launching the Han sedan and Tang SUV. That number doesn't include the company's plug-in hybrids and other \"new energy vehicles.\" BYD has the distinction of counting Warren Buffett's Berkshire Hathaway as an investor.Like Nio stock, Xpeng and Li Auto have come well off their highs along with other growth stocks. Meanwhile, GM stock, Ford stock and VW are doing better in 2021, though the new EV stocks are crushing the old guard from the start of 2020. In fact, Nio stock is up more than 1,700% from last year's low, while GM is up about 260% in the same period.Early Days For U.S. EV StartupsMost of the U.S. EV startups that came public recently, or are about to go public, have done so via special purpose acquisition companies. But merging with a SPAC allows for less disclosure than a traditional IPO, meaning more potential risk for investors.Unlike the Chinese EV stocks, the U.S. newcomers are still developing their vehicles. So it's too soon to tell which could emerge as a disrupter, says Deutsche Bank analyst Emmanuel Rosner.\"They are mostly talking about a business model rather than actually producing vehicles,\" he added.And yet Wall Street can't get enough of EV stocks. They include Nikola, Fisker, Canoo and Lordstown. Others, like Rivian, aren't public yet, while Lucid, Faraday Future, and Xos Trucks will debut after their blank-check deals close. In fact, Lucid's record blank-check deal values the company at $24 billion, while delivery of its first EV, the luxury Lucid Air sedan, won't happen until later this year.For now, some of the EV stocks are aiming for niche markets rather than taking on the world.Faraday's FF 91, which will cost $150,000 to $200,000, touts 11 screens and a \"spa mode\" where lights dim and fully reclined seats massage passengers. Meanwhile, Canoo specializes in cars, minibuses and commercial vehicles for rental and sharing services.\"It's less about becoming the next Tesla and more about exploiting what they view as underserved markets,\" Rosner said.But Faraday plans a commercial EV for last-mile deliveries in 2023 and two mass-market EVs by 2024. And Tesla started also at the high end of the EV market with its Roadster, which went on sale in 2006 for more than $100,000.Most of the new EV stocks or shares of the shell company SPACs are slumping after initial spikes. But Fisker stock, after reporting a jump in reservations, has hit new highs.Beyond Tesla Stock: Intense Competition In Electric TrucksMeanwhile, other startups are making electric pickup trucks and SUVs, targeting the most lucrative segment of the auto market, where Tesla, GM and other giant auto companies are making moves.Dunne says Rivian, which is expected to go public this year, is best poised to challenge established automakers.\"Rivian is a quality organization top to bottom, with powerful backers, and an understanding from a design perspective of who their customer is — premium customers looking for off-road experiences with their SUVs and their trucks,\" he said.Its R1T pickup truck is due to arrive in June, bankrolled by $8 billion in investments from the likes of Amazon, Fidelity and even Ford. A second EV, the R1S SUV, arrives in August.Its technology may be key to gaining an edge over Tesla's Cybertruck and GM's electric Hummer truck. Rivian touts batteries that can endure the hottest and coldest places, deliver 400 miles on a charge, drive to a wading depth of three feet and provide towing capacity of up to 11,000 pounds. And Rivian's R1T, packed with 28 cameras and sensors, could be the first electric truck to offer highly autonomous driving on U.S. highways.Fisker, meanwhile, will start production of its Ocean electric SUV in late 2022. It could get a technology boost from Apple supplier Foxconn, which is teaming up with Fisker to develop another EV.Commercial EV StocksA hot subset of the EV market is for commercial vehicles, and investors will find some of the same names that play in other segments. Some stocks to watch include GM and Ford.Nikola had planned its own electric pickup but lost GM as a manufacturing partner. Still, Nikola's Tre battery-electric semi-truck will begin deliveries in Q4.That highlights the opportunity other EV stocks have in the market for commercial vehicles. Selling to large businesses may be the fastest way to recoup the steep costs of developing EVs.Lordstown aims to start production of its Endurance electric pickup, which targets fleet operators, in September.Electric cargo and shuttle vans for commercial customers also loom large. Workhorse Group and Lightning eMotors are developing electric vans.Rivian is building delivery vans for Amazon that will launch this year. And Canoo's delivery van models will go into limited production in 2022.But the upstarts are entering a competitive market. General Motors and Ford have new, all-electric delivery vans hitting the road in late 2021.Legacy Automakers Becoming EV StocksGlobal auto companies like GM, Ford and Volkswagen are about to let loose a staggering electric-vehicle onslaught.VW has a five-year spending plan of $86 billion, with plans for 70 fully electric vehicles by 2030. Ford more than doubled its investments in electric and autonomous vehicles to $29 billion through 2025. Its goal is to launch 16 fully electric cars by 2022, and sales of the new Mustang Mach-E have been strong so far.GM plans to spend $27 billion, up from a prior target of $20 billion, and aims to launch 30 new EVs around the world by 2025 across its luxury and mass-market brands.GM's transformation has drawn particular attention. \"We believe investors should prepare for a profound narrative change at GM put into action in 2021,\" Morgan Stanley analyst Adam Jonas wrote in a January note.That month, GM revealed a new and potentially disruptive EV business, called BrightDrop, focused on the delivery and logistics market.But the linchpin of its EV strategy is the Ultium battery technology, which GM says will support a range of 450 miles on a single charge while reducing costs and weight. A next-generation Ultium platform is already in the works to extend the range to 600 miles.\"We will seize every opportunity to drive growth, expand our markets and enter new ones,\" CEO Mary Barra said Feb. 10. \"Our Ultium platform is core to these initiatives. It is the foundation for our upcoming global family of EVs.\"EV Battery And Charging CompaniesCompanies making vehicles aren't the only EV stocks for investors to watch. Other companies make car batteries and car charging stations. Among them are new IPO stocks Blink Charging and QuantumScape in 2020. ChargePoint debuted March 1. Rival EVgo will go public via blank-check firm Climate Change Crisis Real Impact I Acquisition Corp. in Q2 under the ticker EVGO.Meanwhile, Hyliion will start shipping its electric powertrain for big-rig trucks, with a claimed range of 1,000 miles. It's also developing powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.Romeo Power makes battery packs for commercial EV fleets. Other names are Enovix and Microvast, which are coming public via SPAC mergers.QuantumScape appears to have achieved a major breakthrough in developing solid-state lithium metal batteries. The batteries promise to be safer and cheaper, have a longer life span, charge faster and have more energy density than existing lithium ion batteries.On Feb. 16, the Bill Gates- and Volkswagen-backed startup revealed it can produce multilayered battery cells. Its four-layer battery is still short of the 12 or so needed to be commercially viable. But the company is confident enough in its ability to make progress that it decided to build a \"pre-pilot\" production facility to make \"enough batteries for hundreds of long-range battery electric test vehicles per year\" by 2023.\"The company has shown its battery cell can charge up to 80% of capacity in 15 minutes, which would be a 'game changer' if this scales at mass volumes,\" Wedbush analyst Dan Ives wrote in a recent note.It's Not Just Tesla StockFor now, Tesla stock is 30% below its intraday record, has given back all its gains so far this year, and is below the price when it debuted on the S&P 500. Its recent dive below the 50-day line was a sell signal, according to IBD Leaderboard.But Ives, a prominent Tesla stock bull, said in a March 4 note that \"the EV party and transformation is just beginning,\" adding that a \"green tidal wave\" is on the horizon as EV adoption speeds up.He also predicted the electric-vehicle industry could balloon to a $5 trillion market over the next decade. That's up from about $250 billion in 2020.And that growth forecast also applies to the legacy auto giants, Ives wrote, pointing to the likes of GM and Ford \"jumping into the deep end of the pool on EVs.\"In an interview Dec. 29, Ives suggested it's not just going to be Tesla's world. \"It's an ocean of opportunities,\" Ives told IBD. \"There's room for more than one boat.\"","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118120913,"gmtCreate":1622724235532,"gmtModify":1704189768902,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"EV","listText":"EV","text":"EV","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":31,"repostSize":0,"link":"https://ttm.financial/post/118120913","repostId":"1139859065","repostType":4,"isVote":1,"tweetType":1,"viewCount":1486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384391551,"gmtCreate":1613612297573,"gmtModify":1704882694322,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"MA play catch up!","listText":"MA play catch up!","text":"MA play catch up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/384391551","repostId":"1109567373","repostType":4,"repost":{"id":"1109567373","kind":"news","pubTimestamp":1613557874,"share":"https://ttm.financial/m/news/1109567373?lang=en_US&edition=fundamental","pubTime":"2021-02-17 18:31","market":"us","language":"en","title":"PayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.","url":"https://stock-news.laohu8.com/highlight/detail?id=1109567373","media":"Barrons","summary":"Investors can’t get enough of PayPal Holdings,pushing its market value past Mastercard‘s.\nShares of ","content":"<p>Investors can’t get enough of&nbsp;PayPal Holdings,pushing its market value past&nbsp;Mastercard‘s.</p>\n<p>Shares of PayPal (ticker: PYPL) have rocketed 31% this year, including a 2.7% gain on Tuesday, to around $306. PayPal’s market value is now $359 billion.Mastercard‘s equity, meanwhile, was worth $339 billion at recent prices around $341.</p>\n<p>Mastercard (MA) andVisa(V), the two major card-processing networks, have been hurt by a slowdown in payment volumes related to the pandemic, particularly in highly profitable cross-border transactions. Both stocks are down around 4% this year and are largely flat over the past 52 weeks.</p>\n<p>PayPal, on the other hand, got a lift as the pandemic sent shoppers online and fueled a surge in digital payments. The company is also developing new revenue streams, aiming to become a digital payments “super app,” expanding into everything from Bitcoin to in-store QR-codes, international money transfers, and new peer-to-peer (P2P) services.</p>\n<p>PayPal outlined its five-year strategy in a presentation to investors last week. And some analysts were clearly impressed. Lisa Ellis of MoffettNathanson raised her price target on the stock to $350, reflecting a variety of sources of growth.</p>\n<p>Just about every facet of the business may bepoisedto double over the next five years. PayPal expects to have 750 million active accounts by 2025, up from 377 million now. It sees total payments volume expanding at a 25% annualized rate, reaching $2.8 trillion by 2025.&nbsp; Revenues are expected to hit more than $50 billion, up from an estimated $25.6 billion this year.</p>\n<p>PayPal also expects to boost adjusted operating margins from 25% to 28%, and sees earnings per share rising an average 22% a year. It’s planning to generate $40 billion in free cash flow over the next five years, targeting 30% to 40% for share repurchases.</p>\n<p>As Ellis points out, PayPal has several stepping stones to hit those targets. One is a new service called Buy Now Pay Later, an interest-free installment plan for consumer purchases. The service is gaining traction, with $750 million of transaction volume in the fourth quarter.</p>\n<p>Anothergrowth driveris cryptocurrencies. PayPal users can now buy and store Bitcoin and other cryptocurrencies on its app. The company aims to allow crypto to be used as a funding source with the 28 million merchants on its platform, acting as a middleman between consumers and businesses. Bitcoinhit a record$50,000 on Tuesday, up 75% this year, and it appears to be driving greater usage of PayPal, which could ultimately lead to higher average revenue per customer.</p>\n<p>PayPal also aims to use its Venmo P2P service as a platform for consumer-to-business payments. And PayPal is making inroads with brick-and-mortar merchants through QR technology for contactless payments in stores.</p>\n<p>Does all of this warrant a higher market value and a steep premium to Mastercard stock? The card network is actually expected to lift revenue and profits at a faster pace in fiscal 2021, according to Ellis, growing revenue 21.7% versus 19% for PayPal. She also sees Mastercard’s earnings per share rising 33.3% versus 17.5% for PayPal’s.</p>\n<p>But the five-year outlook is clearly more favorable for PayPal, with revenue rising 21% a year, compared with 15% for Mastercard, and earnings compounding at a 22% rate, versus 17% for Mastercard.</p>\n<p>The question is whether PayPal’s valuation is getting too rich. At 67 times estimated 2021 per-share earnings, PayPal stock is trading nearly three times more expensive than the S&amp;P 500’s P/E ratio of 23 times earnings. Mastercard goes for 42 times 2021 earnings.</p>\n<p>Nonetheless, Wall Street can’t seem to catch up with PayPal’s fast-rising stock. The average target for the stock price is $309, less than 2% above the recent level.</p>\n<p>“You have to appreciate the earnings power in the model,” says Wedbush analyst Moshe Katri, who maintained a $300 target on the stock after the presentation last week. “The more they’re able to expand user engagement and get to point where users keep going back and using its products, the more the user fees can go up.”</p>\n<p>Whether that means the stock can keep climbing will depend on how quickly it can turn into the super-app that Wall Street has come to expect.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.</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\">\nPayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 18:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/paypal-is-now-worth-more-than-mastercard-why-it-may-extend-its-lead-51613506791?mod=hp_DAY_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors can’t get enough of PayPal Holdings,pushing its market value past Mastercard‘s.\nShares of PayPal (ticker: PYPL) have rocketed 31% this year, including a 2.7% gain on Tuesday, to around $306....</p>\n\n<a href=\"https://www.barrons.com/articles/paypal-is-now-worth-more-than-mastercard-why-it-may-extend-its-lead-51613506791?mod=hp_DAY_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MA":"万事达","PYPL":"PayPal"},"source_url":"https://www.barrons.com/articles/paypal-is-now-worth-more-than-mastercard-why-it-may-extend-its-lead-51613506791?mod=hp_DAY_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109567373","content_text":"Investors can’t get enough of PayPal Holdings,pushing its market value past Mastercard‘s.\nShares of PayPal (ticker: PYPL) have rocketed 31% this year, including a 2.7% gain on Tuesday, to around $306. PayPal’s market value is now $359 billion.Mastercard‘s equity, meanwhile, was worth $339 billion at recent prices around $341.\nMastercard (MA) andVisa(V), the two major card-processing networks, have been hurt by a slowdown in payment volumes related to the pandemic, particularly in highly profitable cross-border transactions. Both stocks are down around 4% this year and are largely flat over the past 52 weeks.\nPayPal, on the other hand, got a lift as the pandemic sent shoppers online and fueled a surge in digital payments. The company is also developing new revenue streams, aiming to become a digital payments “super app,” expanding into everything from Bitcoin to in-store QR-codes, international money transfers, and new peer-to-peer (P2P) services.\nPayPal outlined its five-year strategy in a presentation to investors last week. And some analysts were clearly impressed. Lisa Ellis of MoffettNathanson raised her price target on the stock to $350, reflecting a variety of sources of growth.\nJust about every facet of the business may bepoisedto double over the next five years. PayPal expects to have 750 million active accounts by 2025, up from 377 million now. It sees total payments volume expanding at a 25% annualized rate, reaching $2.8 trillion by 2025.  Revenues are expected to hit more than $50 billion, up from an estimated $25.6 billion this year.\nPayPal also expects to boost adjusted operating margins from 25% to 28%, and sees earnings per share rising an average 22% a year. It’s planning to generate $40 billion in free cash flow over the next five years, targeting 30% to 40% for share repurchases.\nAs Ellis points out, PayPal has several stepping stones to hit those targets. One is a new service called Buy Now Pay Later, an interest-free installment plan for consumer purchases. The service is gaining traction, with $750 million of transaction volume in the fourth quarter.\nAnothergrowth driveris cryptocurrencies. PayPal users can now buy and store Bitcoin and other cryptocurrencies on its app. The company aims to allow crypto to be used as a funding source with the 28 million merchants on its platform, acting as a middleman between consumers and businesses. Bitcoinhit a record$50,000 on Tuesday, up 75% this year, and it appears to be driving greater usage of PayPal, which could ultimately lead to higher average revenue per customer.\nPayPal also aims to use its Venmo P2P service as a platform for consumer-to-business payments. And PayPal is making inroads with brick-and-mortar merchants through QR technology for contactless payments in stores.\nDoes all of this warrant a higher market value and a steep premium to Mastercard stock? The card network is actually expected to lift revenue and profits at a faster pace in fiscal 2021, according to Ellis, growing revenue 21.7% versus 19% for PayPal. She also sees Mastercard’s earnings per share rising 33.3% versus 17.5% for PayPal’s.\nBut the five-year outlook is clearly more favorable for PayPal, with revenue rising 21% a year, compared with 15% for Mastercard, and earnings compounding at a 22% rate, versus 17% for Mastercard.\nThe question is whether PayPal’s valuation is getting too rich. At 67 times estimated 2021 per-share earnings, PayPal stock is trading nearly three times more expensive than the S&P 500’s P/E ratio of 23 times earnings. Mastercard goes for 42 times 2021 earnings.\nNonetheless, Wall Street can’t seem to catch up with PayPal’s fast-rising stock. The average target for the stock price is $309, less than 2% above the recent level.\n“You have to appreciate the earnings power in the model,” says Wedbush analyst Moshe Katri, who maintained a $300 target on the stock after the presentation last week. “The more they’re able to expand user engagement and get to point where users keep going back and using its products, the more the user fees can go up.”\nWhether that means the stock can keep climbing will depend on how quickly it can turn into the super-app that Wall Street has come to expect.","news_type":1,"symbols_score_info":{"PYPL":0.9,"MA":0.9}},"isVote":1,"tweetType":1,"viewCount":955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962620065,"gmtCreate":1669770902757,"gmtModify":1676538239321,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"unfortunate&nbsp;","listText":"unfortunate&nbsp;","text":"unfortunate","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9962620065","repostId":"2287859746","repostType":4,"isVote":1,"tweetType":1,"viewCount":4162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386028846,"gmtCreate":1613116337885,"gmtModify":1704878540933,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"crypto ftw","listText":"crypto ftw","text":"crypto ftw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/386028846","repostId":"1179092967","repostType":4,"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362133793,"gmtCreate":1614605608012,"gmtModify":1704772955202,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"yay","listText":"yay","text":"yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/362133793","repostId":"1105841550","repostType":4,"repost":{"id":"1105841550","kind":"news","pubTimestamp":1614600153,"share":"https://ttm.financial/m/news/1105841550?lang=en_US&edition=fundamental","pubTime":"2021-03-01 20:02","market":"us","language":"en","title":"'Build Me An Ark': The Tsunami Of Risk Of Tesla-Bitcoin-Cathie Wood Is Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=1105841550","media":"zerohedge","summary":"Summary:\n\n In today's equity update we are following up on our\n analysis of the Tesla-Bitcoin-Ark ri","content":"<p><u><b>Summary:</b></u></p>\n<blockquote>\n In today's equity update we are following up on our\n <b>analysis of the Tesla-Bitcoin-Ark risk cluster</b>showing an updated positions analysis, cross-correlations in the flagship Ark Innovation ETF, and an drawdown analysis. Yesterday, was another bad session for this risk cluster and Ark Invest had a day with outflows across all their ETFs highlighting that risk sentiment has changed. With the founder's bold move to increase the position in Tesla during the week the risk has gone up that this risk cluster could turn into an ugly forced selling dynamic causing pain in not only Tesla, Bitcoin, and Ark funds, but also US biotechnology stocks where Ark Invest is a major holder with high ownership in selected names.\n</blockquote>\n<p>A little over a month ago we first flagged the Tesla-Bitcoin-Ark risk cluster as something to take note off as short-term correlation between Tesla and Bitcoin was shooting up. A survey from Charles Schwab also confirmed our suspicion that there is a big overlap as these two instruments are among the top five holdings by millennials. Our analysis quickly led us to Ark Invest with its famous Ark Innovation ETF which had a big position in Tesla and its charismatic founder Cathie Wood is a big believer in the so-called disruptive innovation culture of Silicon Valley. This class of people believe firmly in technology as mainly good for society in all its aspects and that&nbsp;Bitcoin is a protection against future wealth confiscation&nbsp;which is most likely inevitable due to historically high wealth inequality.</p>\n<p>This disruptive innovation culture is powerful. It is presented by some of the wealthiest people of this planet. Endless presentation about innovation and institutions like the Singularity University promote these views. Behind Bitcoin you find a huge online marketing machine sucking ordinary people into the game. Recently wealthy people such as Elon Musk has openly supported Bitcoin, first in writing and later in action adding $1.5bn to Tesla’s balance sheet and thereby significantly increasing its earnings volatility. The triangle of Tesla-Bitcoin-Ark and their respective momentum has reinforced each other creating a positive feedback loop luring more investors into these instruments. As we have seen this week the ‘tower of risk’ is beginning to show cracks.</p>\n<p><b>Ark position update and Cathie Wood’s bold move and the risk to biotechnology</b></p>\n<p>This week Tesla-Bitcoin-Ark all came under pressure from negative voices in governments over Bitcoin and beginning noise over real competition for Tesla in the coming years. The risk cluster was clearly moving together, and correlations started rising. On Tuesday, volatility picked up across the board and at one point Cathie Wood felt it was necessary to go public supporting her funds and said that&nbsp;she had increased their position in Tesla&nbsp;using big numbers in the future to justify increasing the risk. This is a bold move, but it increases the risk considerably. When you are at risk of seeing sizeable outflows, you should start reducing the most illiquid positions first while you can control the situation. Because if you are forced to do it by redemptions the game changes dramatically.</p>\n<p>The tables below show updated Ark Invest positions as of yesterday’s close. There are still 26 stocks where Ark Invest holds more than 10% of the outstanding shares. This could become a serious problem if Ark Invest is suddenly caught in a negative feedback loop together with Tesla and Bitcoin. But also note how US biotechnology stocks are overrepresented in this list of stocks with high ownership in percentage of outstanding shares. If Ark Invest suddenly experience across the board outflows, like it did yesterday, then they can suddenly be the forced seller in US biotechnology stocks where they are the whale. This could cascade into the overall US biotechnology segment although the group is diverse.</p>\n<p><i>Stocks held by Ark Invest funds with combined ownership above 10% of outstanding shares</i></p>\n<p><img src=\"https://static.tigerbbs.com/b97684f80243d32efc06f3379d51d4fb\" tg-width=\"500\" tg-height=\"353\">Source: Ark Invest, Bloomberg, and Saxo Group</p>\n<p>The table below shows the largest positions across all funds. Here Tesla has now jumped to 7% of AUM and the first five positions now account for 21.6% of AUM. The five biggest stocks are Tesla, Teladoc Health, Square, Roku, and Baidu. Square just recently reported disappointing Q4 earnings and announced the purchase of $170mn of Bitcoin increasing the risk and feedback loop further in this risk cluster. In the Ark Innovation ETF itself, Tesla is now 10.2% of assets and together with Roku (6%) and Square (5.4%) these three stocks represent 21.6% of assets. If you look at the 10 largest positions in the Ark Innovation ETF then the red thread is that they all come with very high equity valuations and thus low implied equity risk premiums. They are all also mostly equity financed, except for Tesla, which means that the WACC, cost of capital, predominantly come from the cost of equity. With low implied equity risk premiums, the risk-free rate dominates much more than for a company such as say Microsoft or Apple. This means that the rising interest rates could suddenly cause a huge shift in equity valuations. Not because the future is different but because the cost of capital has changed.</p>\n<p><i>Top positions in terms of Ark Invest AUM across all funds</i></p>\n<p><img src=\"https://static.tigerbbs.com/7e06fcb66d5a52e629b48c9cab492586\" tg-width=\"500\" tg-height=\"302\">Source: Ark Invest, Bloomberg, and Saxo Group</p>\n<p><u><b>Correlations on the rise and drawdown outlier</b></u></p>\n<p>The best sign of risk going haywire is always fast rising cross-correlations whether it is on asset classes or single stocks. The chart below shows the 10-day moving cross-correlation in the Ark Innovation ETF since early 2020. It has recently moved to around 0.6 and while it is not a new record the direction is up and has been fast coming from only 0.2 from a few weeks ago. The next week will be critical for the Tesla-Bitcoin-Ark risk cluster as negative feedback loops can be violent and very unpredictable in their outcome.</p>\n<p><img src=\"https://static.tigerbbs.com/ab96aaafda10c2371b1d3a1a14c4a48a\" tg-width=\"500\" tg-height=\"280\"><i>Source: Bloomberg and Saxo Group</i></p>\n<p>Another way of looking at risk is by plotting Ark Innovation ETF drawdowns against that of Nasdaq 100 since December 2015.<b>The ETF has typically experienced a drawdown that is 1.22 times larger than that of Nasdaq 100</b>. As of yesterday, the ratio stands at 2.44 and thus illustrates that something idiosyncratic is taking place at Ark Innovation ETF.</p>\n<p><img src=\"https://static.tigerbbs.com/80db26e42e2910071718ff22a1ff3f2b\" tg-width=\"500\" tg-height=\"308\"><b>If outflows continue today and Tesla comes under pressure again then this indicator could very well hit a new record in terms of being an outlier signaling a negative feedback loop on risk has started.</b></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>'Build Me An Ark': The Tsunami Of Risk Of Tesla-Bitcoin-Cathie Wood Is Coming</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\">\n'Build Me An Ark': The Tsunami Of Risk Of Tesla-Bitcoin-Cathie Wood Is Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 20:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/build-me-ark-tsunami-risk-tesla-bitcoin-cathie-wood-coming><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary:\n\n In today's equity update we are following up on our\n analysis of the Tesla-Bitcoin-Ark risk clustershowing an updated positions analysis, cross-correlations in the flagship Ark Innovation ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/build-me-ark-tsunami-risk-tesla-bitcoin-cathie-wood-coming\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKW":"ARK Next Generation Internet ETF","ARKF":"ARK Fintech Innovation ETF","ARKR":"Ark Restaurants Corp","ARKQ":"ARK Autonomous Technology & Robotics ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF","GBTC":"比特币ETF-Grayscale","ARKK":"ARK Innovation ETF"},"source_url":"https://www.zerohedge.com/markets/build-me-ark-tsunami-risk-tesla-bitcoin-cathie-wood-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105841550","content_text":"Summary:\n\n In today's equity update we are following up on our\n analysis of the Tesla-Bitcoin-Ark risk clustershowing an updated positions analysis, cross-correlations in the flagship Ark Innovation ETF, and an drawdown analysis. Yesterday, was another bad session for this risk cluster and Ark Invest had a day with outflows across all their ETFs highlighting that risk sentiment has changed. With the founder's bold move to increase the position in Tesla during the week the risk has gone up that this risk cluster could turn into an ugly forced selling dynamic causing pain in not only Tesla, Bitcoin, and Ark funds, but also US biotechnology stocks where Ark Invest is a major holder with high ownership in selected names.\n\nA little over a month ago we first flagged the Tesla-Bitcoin-Ark risk cluster as something to take note off as short-term correlation between Tesla and Bitcoin was shooting up. A survey from Charles Schwab also confirmed our suspicion that there is a big overlap as these two instruments are among the top five holdings by millennials. Our analysis quickly led us to Ark Invest with its famous Ark Innovation ETF which had a big position in Tesla and its charismatic founder Cathie Wood is a big believer in the so-called disruptive innovation culture of Silicon Valley. This class of people believe firmly in technology as mainly good for society in all its aspects and that Bitcoin is a protection against future wealth confiscation which is most likely inevitable due to historically high wealth inequality.\nThis disruptive innovation culture is powerful. It is presented by some of the wealthiest people of this planet. Endless presentation about innovation and institutions like the Singularity University promote these views. Behind Bitcoin you find a huge online marketing machine sucking ordinary people into the game. Recently wealthy people such as Elon Musk has openly supported Bitcoin, first in writing and later in action adding $1.5bn to Tesla’s balance sheet and thereby significantly increasing its earnings volatility. The triangle of Tesla-Bitcoin-Ark and their respective momentum has reinforced each other creating a positive feedback loop luring more investors into these instruments. As we have seen this week the ‘tower of risk’ is beginning to show cracks.\nArk position update and Cathie Wood’s bold move and the risk to biotechnology\nThis week Tesla-Bitcoin-Ark all came under pressure from negative voices in governments over Bitcoin and beginning noise over real competition for Tesla in the coming years. The risk cluster was clearly moving together, and correlations started rising. On Tuesday, volatility picked up across the board and at one point Cathie Wood felt it was necessary to go public supporting her funds and said that she had increased their position in Tesla using big numbers in the future to justify increasing the risk. This is a bold move, but it increases the risk considerably. When you are at risk of seeing sizeable outflows, you should start reducing the most illiquid positions first while you can control the situation. Because if you are forced to do it by redemptions the game changes dramatically.\nThe tables below show updated Ark Invest positions as of yesterday’s close. There are still 26 stocks where Ark Invest holds more than 10% of the outstanding shares. This could become a serious problem if Ark Invest is suddenly caught in a negative feedback loop together with Tesla and Bitcoin. But also note how US biotechnology stocks are overrepresented in this list of stocks with high ownership in percentage of outstanding shares. If Ark Invest suddenly experience across the board outflows, like it did yesterday, then they can suddenly be the forced seller in US biotechnology stocks where they are the whale. This could cascade into the overall US biotechnology segment although the group is diverse.\nStocks held by Ark Invest funds with combined ownership above 10% of outstanding shares\nSource: Ark Invest, Bloomberg, and Saxo Group\nThe table below shows the largest positions across all funds. Here Tesla has now jumped to 7% of AUM and the first five positions now account for 21.6% of AUM. The five biggest stocks are Tesla, Teladoc Health, Square, Roku, and Baidu. Square just recently reported disappointing Q4 earnings and announced the purchase of $170mn of Bitcoin increasing the risk and feedback loop further in this risk cluster. In the Ark Innovation ETF itself, Tesla is now 10.2% of assets and together with Roku (6%) and Square (5.4%) these three stocks represent 21.6% of assets. If you look at the 10 largest positions in the Ark Innovation ETF then the red thread is that they all come with very high equity valuations and thus low implied equity risk premiums. They are all also mostly equity financed, except for Tesla, which means that the WACC, cost of capital, predominantly come from the cost of equity. With low implied equity risk premiums, the risk-free rate dominates much more than for a company such as say Microsoft or Apple. This means that the rising interest rates could suddenly cause a huge shift in equity valuations. Not because the future is different but because the cost of capital has changed.\nTop positions in terms of Ark Invest AUM across all funds\nSource: Ark Invest, Bloomberg, and Saxo Group\nCorrelations on the rise and drawdown outlier\nThe best sign of risk going haywire is always fast rising cross-correlations whether it is on asset classes or single stocks. The chart below shows the 10-day moving cross-correlation in the Ark Innovation ETF since early 2020. It has recently moved to around 0.6 and while it is not a new record the direction is up and has been fast coming from only 0.2 from a few weeks ago. The next week will be critical for the Tesla-Bitcoin-Ark risk cluster as negative feedback loops can be violent and very unpredictable in their outcome.\nSource: Bloomberg and Saxo Group\nAnother way of looking at risk is by plotting Ark Innovation ETF drawdowns against that of Nasdaq 100 since December 2015.The ETF has typically experienced a drawdown that is 1.22 times larger than that of Nasdaq 100. As of yesterday, the ratio stands at 2.44 and thus illustrates that something idiosyncratic is taking place at Ark Innovation ETF.\nIf outflows continue today and Tesla comes under pressure again then this indicator could very well hit a new record in terms of being an outlier signaling a negative feedback loop on risk has started.","news_type":1,"symbols_score_info":{"ARKW":0.9,"ARKF":0.9,"GBTC":0.9,"ARKR":0.9,"ARKG":0.9,"TSLA":0.9,"ARKK":0.9,"ARKQ":0.9}},"isVote":1,"tweetType":1,"viewCount":956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389397551,"gmtCreate":1612681027873,"gmtModify":1704873483421,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"boring","listText":"boring","text":"boring","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/389397551","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168483222,"gmtCreate":1623980841366,"gmtModify":1703825388243,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"gd&nbsp;read","listText":"gd&nbsp;read","text":"gd read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168483222","repostId":"1148576248","repostType":4,"repost":{"id":"1148576248","kind":"news","pubTimestamp":1623979883,"share":"https://ttm.financial/m/news/1148576248?lang=en_US&edition=fundamental","pubTime":"2021-06-18 09:31","market":"us","language":"en","title":"NIO Is Winning","url":"https://stock-news.laohu8.com/highlight/detail?id=1148576248","media":"seekingalpha","summary":"NIO is #1 in China's electric SUV market for good reason.The company's success is driven by its brilliant innovations and marketing strategy.NIO is growing faster than Tesla, and yet, it is trading at a discount.NIO Inc.  stands out for its strong market position- #1 market share in electric SUV in China- and innovation in the rapidly growing and highly competitive electric vehicle industry. This article will discuss why NIO is winning against some stiff competition, including against Tesla .In ","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO is #1 in China's electric SUV market for good reason.</li>\n <li>The company's success is driven by its brilliant innovations and marketing strategy.</li>\n <li>NIO is growing faster than Tesla, and yet, it is trading at a discount.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/790fae23b830463fec748d2deb2ce336\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>PonyWang/E+ via Getty Images</span></p>\n<p>NIO Inc. (NYSE:NIO) stands out for its strong market position- #1 market share in electric SUV in China- and innovation in the rapidly growing and highly competitive electric vehicle industry. This article will discuss why NIO is winning against some stiff competition, including against Tesla (TSLA).</p>\n<p>In addition, we will discuss NIO's business, financials, trading, valuation, and risks so readers could reach their own informed decision.</p>\n<p><b>Business: Why NIO Wins</b></p>\n<p>NIO positions itself in the premium SUV segment, focusing on smart EVs with a differentiated battery strategy.</p>\n<p>Delivered in March 2019, the company's first model, the ES8, is a luxury 7-seater SUV that is still the company's flagship product today. The ES8 is equipped with ADAS and AI system [NOMI] and is comparable to the BYD Song, Tesla Model X, the Audi Q7 45 e-Tron, etc.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/443e2773f70c00c6faac8ca063e978a5\" tg-width=\"640\" tg-height=\"387\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>Leveraging the installed base and customer goodwill due to the highly successful ES8, NIO successfully launched the ES6 and EC6.Recently, the company launched the ET7, its first sedan.</p>\n<p>Today, NIO is the top-selling brand in China's all-electric SUV market in April with a 23% market share, higher than Tesla's 17%, WM Motor and XPeng Motors'(NYSE:XPEV)7%, according to China Automotive Technology and Research Center data.</p>\n<p>One of the biggest competitive differentiators is NIO'sbattery strategy, which all but eliminates range anxiety, one of the biggest barriers to mass EV adoption. Not only could NIO cars be charged at any charging station for EVs, but the company also built hundreds of battery swapping stations in key cities in China, with plans to expanding to Europe.</p>\n<p>NIO's battery swapping strategy also gives the company the ability to offer a battery-as-a-service [BaaS] solution, which reduces the upfrontcostof purchasing an NIO vehicle by ~$11,000. Since cost is another major barrier to mass EV adoption, NIO's battery strategy appears brilliant as it solves both the range and cost problems.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b25fbb85bffd39310cd27cbb2bde57a\" tg-width=\"640\" tg-height=\"216\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>Another differentiator is the NIO brand, which management created brilliantly by introducing the EP9 in 2016. Six EP9s have been sold to NIO investors for 2.5 million pounds, creating an aura of exclusivity and quality around the brand. Next, NIO targeted the mass-market luxury SUV segment with the ES8, firmly establishing the company as a luxury car OEM.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad41c960ce02f1e3f3e7575ac00beee0\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>Chinese companies must struggle against the common perception that they make low-quality products. This is the same perception issue that Japanese companies faced following their defeat after WW2. Japan solved this problem by moving up the value chain as their economy matured and creating high-quality brands such as Sony(NYSE:SONY). Today, Japan is known for its craftsmanship.</p>\n<p>China is following the same trajectory, and NIO is one of the emerging brands destroying the perception that \"made in China\" equates to poor quality. I strongly believe that investors who stubbornly hold on to that old perception will miss out on investing in some of the greatest brands the world will ever see.</p>\n<p>Buying an NIO car means much more than just getting a vehicle; it means getting into an exclusive club of services and convenience. Benefits include access to hundreds of swapping stations, lifetime free roadside rescue (including charge vans), lifetime free cellular connectivity, lifetime free warranty, and excellent customer service. This is a powerful selling point for NIO, differentiating it from Tesla, which hasrecentlydeveloped a poor reputation on the customer service front in China.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a73482aa0431694b760ab5c2d0aa6f53\" tg-width=\"640\" tg-height=\"211\" referrerpolicy=\"no-referrer\"><span>Source: Company</span></p>\n<p>The company is pushing the envelope even further with&nbsp;NIO House, a literal clubhouse for customers, and&nbsp;NIO Life, which includes NIO branded lifestyle products. NIO's effort to build a lifestyle around its cars seems to be&nbsp;working. This is good news for investors because the only way to escape the competitive battlefield of automobile OEM is to sell services and lifestyles to customers. This is why Ferrari's (RACE) operating margin is well over 20%, while Ford (F) and General Motors (GM) are in the single digits.</p>\n<p><b>Financials &amp; Valuation</b></p>\n<p>NIO is in hyper-growth mode. In 2020, the company generated $2.5 billion in revenue, up 126% y/y. In 2021, the company is expected to grow 117% y/y to $5.4 billion.</p>\n<p>The company is not yet profitable but is expected to be by 2022. Gross margin only turned positive in 2020 and is expected to be 19.3% in 2021. EBITDA is expected to be negative $258 million in 2021 and a positive $206 million in 2022. Free cash flow is expected to be negative $42 million in 2021 before turning to a positive $354 million in 2022.</p>\n<p>However, despite the cash burn expected in 2021, investors should feel at ease since the company exited&nbsp;2020&nbsp;with $5.9 billion of cash and cash equivalents. Including $600 million in short-term investments and subtracting ~$2.1 billion in debt and operating leases and the expected negative free cash flow in 2021, NIO should exit 2021 with over $4 billion in net cash and investments. That is plenty of buffers since NIO is expected to generate positive free cash flow in 2022.</p>\n<p>Since NIO is not yet profitable, we will look at the forward EV/Sales multiple as is typical for hyper-growth companies not yet generating a profit. The company went public in September 2018, trading at around 7 to 8 times EV/Sales, before bottoming out at around 0.7 times sales in May 2019. The market, however, caught the EV fever in April 2020 and sent NIO's valuation soaring to a peak of 14.6x by January 2021. After the growth sell-off we recently experienced, NIO is currently sitting at a much more reasonable 8 times forward sales. This is a significant discount to TSLA's 10.2 times forward EV/Sales despite growing twice as fast (TSLA is expected to grow revenues by 57% in 2021 compared to NIO's 117%).</p>\n<p><b>Risks</b></p>\n<p>There are many risks associated with owning NIO.</p>\n<p>Although its battery swapping strategy is highly differentiated and seems to be growing rapidly, the jury is still out on the ultimate market share of battery swapping or fast-charging infrastructure. If fast charging technology continues to advance significantly, it will likely erode a key advantage of battery swapping: speed.</p>\n<p>NIO's business model is innovative and new. Unfortunately, the flip side of that is that it is untested, and NIO remains unprofitable. For many investors, NIO will remain a \"show me\" story until the profitability of its business model improves.</p>\n<p>NIO's ability to expand globally may be limited by the rising geopolitical tension between China and the US, and to a lesser extent, with Japan and Europe. The geopolitical situation remains highly opaque and uncertain, and is a risk factor for all auto OEMs.</p>\n<p>Auto OEMs are currently facing a severe chip&nbsp;shortage. In addition, the chip density in automobiles is increasing, making the OEMs increasingly reliant on semiconductor suppliers and foundries.</p>\n<p>NIO's competitive advantages may not overcome the massive scale advantage of ICE OEMs and much bigger EV players like Tesla and China's BYD.</p>\n<p><b>Takeaway</b></p>\n<p>NIO's technical and business model innovations make it a highly differentiated company in the exciting and rapidly growing EV market. The company is winning, and its competitive moat is getting bigger as its ecosystem of vehicles and services grows. Relative to the industry leader, Tesla, NIO's stock price seems like a bargain given its faster growth rate and lower multiples.</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>NIO Is Winning</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\">\nNIO Is Winning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435341-nio-is-winning><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO is #1 in China's electric SUV market for good reason.\nThe company's success is driven by its brilliant innovations and marketing strategy.\nNIO is growing faster than Tesla, and yet, it is...</p>\n\n<a href=\"https://seekingalpha.com/article/4435341-nio-is-winning\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4435341-nio-is-winning","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148576248","content_text":"Summary\n\nNIO is #1 in China's electric SUV market for good reason.\nThe company's success is driven by its brilliant innovations and marketing strategy.\nNIO is growing faster than Tesla, and yet, it is trading at a discount.\n\nPonyWang/E+ via Getty Images\nNIO Inc. (NYSE:NIO) stands out for its strong market position- #1 market share in electric SUV in China- and innovation in the rapidly growing and highly competitive electric vehicle industry. This article will discuss why NIO is winning against some stiff competition, including against Tesla (TSLA).\nIn addition, we will discuss NIO's business, financials, trading, valuation, and risks so readers could reach their own informed decision.\nBusiness: Why NIO Wins\nNIO positions itself in the premium SUV segment, focusing on smart EVs with a differentiated battery strategy.\nDelivered in March 2019, the company's first model, the ES8, is a luxury 7-seater SUV that is still the company's flagship product today. The ES8 is equipped with ADAS and AI system [NOMI] and is comparable to the BYD Song, Tesla Model X, the Audi Q7 45 e-Tron, etc.\nSource: Company\nLeveraging the installed base and customer goodwill due to the highly successful ES8, NIO successfully launched the ES6 and EC6.Recently, the company launched the ET7, its first sedan.\nToday, NIO is the top-selling brand in China's all-electric SUV market in April with a 23% market share, higher than Tesla's 17%, WM Motor and XPeng Motors'(NYSE:XPEV)7%, according to China Automotive Technology and Research Center data.\nOne of the biggest competitive differentiators is NIO'sbattery strategy, which all but eliminates range anxiety, one of the biggest barriers to mass EV adoption. Not only could NIO cars be charged at any charging station for EVs, but the company also built hundreds of battery swapping stations in key cities in China, with plans to expanding to Europe.\nNIO's battery swapping strategy also gives the company the ability to offer a battery-as-a-service [BaaS] solution, which reduces the upfrontcostof purchasing an NIO vehicle by ~$11,000. Since cost is another major barrier to mass EV adoption, NIO's battery strategy appears brilliant as it solves both the range and cost problems.\nSource: Company\nAnother differentiator is the NIO brand, which management created brilliantly by introducing the EP9 in 2016. Six EP9s have been sold to NIO investors for 2.5 million pounds, creating an aura of exclusivity and quality around the brand. Next, NIO targeted the mass-market luxury SUV segment with the ES8, firmly establishing the company as a luxury car OEM.\nSource: Company\nChinese companies must struggle against the common perception that they make low-quality products. This is the same perception issue that Japanese companies faced following their defeat after WW2. Japan solved this problem by moving up the value chain as their economy matured and creating high-quality brands such as Sony(NYSE:SONY). Today, Japan is known for its craftsmanship.\nChina is following the same trajectory, and NIO is one of the emerging brands destroying the perception that \"made in China\" equates to poor quality. I strongly believe that investors who stubbornly hold on to that old perception will miss out on investing in some of the greatest brands the world will ever see.\nBuying an NIO car means much more than just getting a vehicle; it means getting into an exclusive club of services and convenience. Benefits include access to hundreds of swapping stations, lifetime free roadside rescue (including charge vans), lifetime free cellular connectivity, lifetime free warranty, and excellent customer service. This is a powerful selling point for NIO, differentiating it from Tesla, which hasrecentlydeveloped a poor reputation on the customer service front in China.\nSource: Company\nThe company is pushing the envelope even further with NIO House, a literal clubhouse for customers, and NIO Life, which includes NIO branded lifestyle products. NIO's effort to build a lifestyle around its cars seems to be working. This is good news for investors because the only way to escape the competitive battlefield of automobile OEM is to sell services and lifestyles to customers. This is why Ferrari's (RACE) operating margin is well over 20%, while Ford (F) and General Motors (GM) are in the single digits.\nFinancials & Valuation\nNIO is in hyper-growth mode. In 2020, the company generated $2.5 billion in revenue, up 126% y/y. In 2021, the company is expected to grow 117% y/y to $5.4 billion.\nThe company is not yet profitable but is expected to be by 2022. Gross margin only turned positive in 2020 and is expected to be 19.3% in 2021. EBITDA is expected to be negative $258 million in 2021 and a positive $206 million in 2022. Free cash flow is expected to be negative $42 million in 2021 before turning to a positive $354 million in 2022.\nHowever, despite the cash burn expected in 2021, investors should feel at ease since the company exited 2020 with $5.9 billion of cash and cash equivalents. Including $600 million in short-term investments and subtracting ~$2.1 billion in debt and operating leases and the expected negative free cash flow in 2021, NIO should exit 2021 with over $4 billion in net cash and investments. That is plenty of buffers since NIO is expected to generate positive free cash flow in 2022.\nSince NIO is not yet profitable, we will look at the forward EV/Sales multiple as is typical for hyper-growth companies not yet generating a profit. The company went public in September 2018, trading at around 7 to 8 times EV/Sales, before bottoming out at around 0.7 times sales in May 2019. The market, however, caught the EV fever in April 2020 and sent NIO's valuation soaring to a peak of 14.6x by January 2021. After the growth sell-off we recently experienced, NIO is currently sitting at a much more reasonable 8 times forward sales. This is a significant discount to TSLA's 10.2 times forward EV/Sales despite growing twice as fast (TSLA is expected to grow revenues by 57% in 2021 compared to NIO's 117%).\nRisks\nThere are many risks associated with owning NIO.\nAlthough its battery swapping strategy is highly differentiated and seems to be growing rapidly, the jury is still out on the ultimate market share of battery swapping or fast-charging infrastructure. If fast charging technology continues to advance significantly, it will likely erode a key advantage of battery swapping: speed.\nNIO's business model is innovative and new. Unfortunately, the flip side of that is that it is untested, and NIO remains unprofitable. For many investors, NIO will remain a \"show me\" story until the profitability of its business model improves.\nNIO's ability to expand globally may be limited by the rising geopolitical tension between China and the US, and to a lesser extent, with Japan and Europe. The geopolitical situation remains highly opaque and uncertain, and is a risk factor for all auto OEMs.\nAuto OEMs are currently facing a severe chip shortage. In addition, the chip density in automobiles is increasing, making the OEMs increasingly reliant on semiconductor suppliers and foundries.\nNIO's competitive advantages may not overcome the massive scale advantage of ICE OEMs and much bigger EV players like Tesla and China's BYD.\nTakeaway\nNIO's technical and business model innovations make it a highly differentiated company in the exciting and rapidly growing EV market. The company is winning, and its competitive moat is getting bigger as its ecosystem of vehicles and services grows. Relative to the industry leader, Tesla, NIO's stock price seems like a bargain given its faster growth rate and lower multiples.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":466396266881504,"gmtCreate":1754876487742,"gmtModify":1754876493269,"author":{"id":"3560823032838358","authorId":"3560823032838358","name":"enaid","avatar":"https://static.tigerbbs.com/018156b10d9c4e41384c29654321846a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560823032838358","idStr":"3560823032838358"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/466396266881504","repostId":"465429871108712","repostType":1,"repost":{"id":465429871108712,"gmtCreate":1754634839859,"gmtModify":1754642402667,"author":{"id":"3527667671414981","authorId":"3527667671414981","name":"TigerClub","avatar":"https://static.tigerbbs.com/c0f6fba0673df1de1c5c31bb2b4f6d4e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667671414981","idStr":"3527667671414981"},"themes":[],"title":"@Pilates: From Business Owner to Options Queen — How She Found Her Second Wind","htmlText":"Meet <a href=\"https://ttm.financial/U/4094752757272870\">@Pilates</a> — a star contributor in the Tiger Community. Pilates — a self-taught trader and former small business owner who transformed a personal interest into a consistent track record of success in the world of options trading. Her journey began with a rocky start, investing on her father’s recommendation, which unfortunately didn’t go as planned. But setbacks didn’t stop her.With encouragement and support from friends, she re-entered the market, this time discovering her true passion in trading options. What started as a hobby quickly evolved into a serious pursuit.Want to know her real-time trading? <a href=\"https://www.laohu8.com/J/starInvestor?uuid=4094752757272870\" target=\"_blank\">Click to view her trading information, and su</a>","listText":"Meet <a href=\"https://ttm.financial/U/4094752757272870\">@Pilates</a> — a star contributor in the Tiger Community. Pilates — a self-taught trader and former small business owner who transformed a personal interest into a consistent track record of success in the world of options trading. Her journey began with a rocky start, investing on her father’s recommendation, which unfortunately didn’t go as planned. But setbacks didn’t stop her.With encouragement and support from friends, she re-entered the market, this time discovering her true passion in trading options. What started as a hobby quickly evolved into a serious pursuit.Want to know her real-time trading? <a href=\"https://www.laohu8.com/J/starInvestor?uuid=4094752757272870\" target=\"_blank\">Click to view her trading information, and su</a>","text":"Meet @Pilates — a star contributor in the Tiger Community. Pilates — a self-taught trader and former small business owner who transformed a personal interest into a consistent track record of success in the world of options trading. Her journey began with a rocky start, investing on her father’s recommendation, which unfortunately didn’t go as planned. But setbacks didn’t stop her.With encouragement and support from friends, she re-entered the market, this time discovering her true passion in trading options. What started as a hobby quickly evolved into a serious pursuit.Want to know her real-time trading? Click to view her trading information, and su","images":[{"img":"https://community-static.tradeup.com/news/97bd935cbd1145900d5627796001dbdc"},{"img":"https://community-static.tradeup.com/news/1c12ed3fe2302ab7c17fa439d6720e29"},{"img":"https://community-static.tradeup.com/news/8bb30c6f9520a576030b6092417f14ba"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/465429871108712","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}