+Follow
SharonTeo
No personal profile
4
Follow
0
Followers
0
Topic
0
Badge
Posts
Hot
SharonTeo
2021-05-11
???
Sorry, the original content has been removed
SharonTeo
2021-05-11
Wait
Sorry, the original content has been removed
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3583812229897399","uuid":"3583812229897399","gmtCreate":1620718756847,"gmtModify":1620721280759,"name":"SharonTeo","pinyin":"sharonteo","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/2a82ef5fdacb7184be7ab00ad64a4793","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":4,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.02","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":2,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":199561572,"gmtCreate":1620719310796,"gmtModify":1704347258739,"author":{"id":"3583812229897399","authorId":"3583812229897399","name":"SharonTeo","avatar":"https://static.tigerbbs.com/2a82ef5fdacb7184be7ab00ad64a4793","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583812229897399","authorIdStr":"3583812229897399"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199561572","repostId":"1172773192","repostType":4,"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199563526,"gmtCreate":1620719172065,"gmtModify":1704347257251,"author":{"id":"3583812229897399","authorId":"3583812229897399","name":"SharonTeo","avatar":"https://static.tigerbbs.com/2a82ef5fdacb7184be7ab00ad64a4793","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583812229897399","authorIdStr":"3583812229897399"},"themes":[],"htmlText":"Wait","listText":"Wait","text":"Wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199563526","repostId":"1169384390","repostType":4,"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":199561572,"gmtCreate":1620719310796,"gmtModify":1704347258739,"author":{"id":"3583812229897399","authorId":"3583812229897399","name":"SharonTeo","avatar":"https://static.tigerbbs.com/2a82ef5fdacb7184be7ab00ad64a4793","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583812229897399","authorIdStr":"3583812229897399"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199561572","repostId":"1172773192","repostType":4,"repost":{"id":"1172773192","kind":"news","pubTimestamp":1620716499,"share":"https://ttm.financial/m/news/1172773192?lang=&edition=fundamental","pubTime":"2021-05-11 15:01","market":"us","language":"en","title":"General Electric Stock: The Honeymoon Is Over","url":"https://stock-news.laohu8.com/highlight/detail?id=1172773192","media":"InvestorPlace","summary":"The honeymoon for GE CEO Larry Culp is over, but there are still reasons for optimism.\n\nLarry Culp h","content":"<blockquote>\n <b>The honeymoon for GE CEO Larry Culp is over, but there are still reasons for optimism.</b>\n</blockquote>\n<p>Larry Culp has worked wonders at<b>General Electric</b>(NYSE:<b><u>GE</u></b>) but the honeymoon for GE stock is finally over.</p>\n<p>Culp’s pay packet wasrejected by shareholders this monthafter directors extended him to 2024 and based his stock awards on lower targets. The headline number was $230 million, which would mostly be in stock, assuming all targets are met.</p>\n<p>Analysts’ honeymoon with Culp’s GE is also over. At Tipranks, only 8 of 13 analysts now rate it as a buy. Their one-year price target of$13.92is less than 5% ahead of where it opened on May 10.</p>\n<p>GE stock is up only 22% on Culp’s watch, which began in October 2018, half the gain of the average S&P stock. But under the hood the news is better. Might GE be worth buying now?</p>\n<p><b>GE Stock: Dealing with Debt</b></p>\n<p>Culp joined GE from Harvard Business School, facing an absolute mountain of debt.I wondered at the timewhether the company could even be saved.</p>\n<p>It has been. The debt was down to $70 billion in March. Cash on hand at that date was over $38 billion. The company isn’t entirely out of the woods.<b>S&P Global</b>(NASDAQ:<b><u>SPGI</u></b>) expects todowngrade its debt again, to BBB, in the next year. That’s because remaining GE Capital assets are due to be put directly on the balance sheet, increasing debt leverage.</p>\n<p>But Culp has brought good things to life at GE. He sold the fast-growth section of GE Health to his former employer,<b>Danaher</b>(NYSE:<b><u>DHR</u></b>). He has reduced its holding in<b>Baker Hughes</b>(NYSE:<b><u>BKR</u></b>), the oil fields tool company, to just25%. That stake’s value has been rising as oil demand rises with the end of the pandemic.</p>\n<p>GE is finally buying smallhealth care bolt-ons. That’s a sea change. Culp’s predecessor, Jeff Immelt, had gutted the company, trading in GE Capital for energy and power, covering up the damage with accounting. Those days are over. You can trust GE’s numbers again.</p>\n<p><b>The Bears Abide</b></p>\n<p>But those numbers aren’t impressive. Net income and free cash flowbeat estimatesduring the first quarter, but revenue was below estimates, 22% below a year ago.</p>\n<p>Falling estimates on the futurearen’t enough for the bears, who don’t like paying over 1.5 times sales for a shrinking pie. Years of buying Immelt’s happy talk now weigh on the stock. Culp has saved the company, but the goodwill is gone.</p>\n<p>Long-term bear Stephen Tusa of<b>JPMorgan</b>(NYSE:<b><u>JPM</u></b>) isstill bearish. He says the Administration’s plans to increase wind energy production won’t be enough for growth, since GE is still in the oil and gas business.</p>\n<p>Our Larry Ramerdisagrees. He see big tail winds for GE Power and its grid solutions business. TV analyst Jim Cramer sees big gains for GE Aviation asthe world starts flying again.GE will also benefit from a move away from casting parts toward 3D printing, whichcuts costs.</p>\n<p><b>GE Stock: The Bottom Line</b></p>\n<p>I think Culp can get a lot more done at GE. This was what he did at Danaher, turning it into a medical equipment powerhouse before retiring to Harvard, from which GE recruited him. Culp is still just 58 and likely motivated to prove doubters wrong.</p>\n<p>If Culp can replicate the December quarter’s performance of 28 cents per share in earnings, the stock’s current price is less than 12 times that. The short-term return of oil and gas demand, combined with renewed demand at GE Aviation, makes that achievable. Add a few more acquisitions in health care and this could be a growing company by the end of the year.</p>\n<p>It’s worth speculating on. That’s the best thing I’ve had to say about GE in years.</p>\n<p><i>At the time of publication, Dana Blankenhorn directly owned no shares, directly or indirectly, in any company mentioned in this article.</i></p>","source":"lsy1606302653667","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>General Electric Stock: The Honeymoon Is Over</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\">\nGeneral Electric Stock: The Honeymoon Is Over\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 15:01 GMT+8 <a href=https://investorplace.com/2021/05/ge-stock-the-honeymoon-is-over/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The honeymoon for GE CEO Larry Culp is over, but there are still reasons for optimism.\n\nLarry Culp has worked wonders atGeneral Electric(NYSE:GE) but the honeymoon for GE stock is finally over.\nCulp’s...</p>\n\n<a href=\"https://investorplace.com/2021/05/ge-stock-the-honeymoon-is-over/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"source_url":"https://investorplace.com/2021/05/ge-stock-the-honeymoon-is-over/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172773192","content_text":"The honeymoon for GE CEO Larry Culp is over, but there are still reasons for optimism.\n\nLarry Culp has worked wonders atGeneral Electric(NYSE:GE) but the honeymoon for GE stock is finally over.\nCulp’s pay packet wasrejected by shareholders this monthafter directors extended him to 2024 and based his stock awards on lower targets. The headline number was $230 million, which would mostly be in stock, assuming all targets are met.\nAnalysts’ honeymoon with Culp’s GE is also over. At Tipranks, only 8 of 13 analysts now rate it as a buy. Their one-year price target of$13.92is less than 5% ahead of where it opened on May 10.\nGE stock is up only 22% on Culp’s watch, which began in October 2018, half the gain of the average S&P stock. But under the hood the news is better. Might GE be worth buying now?\nGE Stock: Dealing with Debt\nCulp joined GE from Harvard Business School, facing an absolute mountain of debt.I wondered at the timewhether the company could even be saved.\nIt has been. The debt was down to $70 billion in March. Cash on hand at that date was over $38 billion. The company isn’t entirely out of the woods.S&P Global(NASDAQ:SPGI) expects todowngrade its debt again, to BBB, in the next year. That’s because remaining GE Capital assets are due to be put directly on the balance sheet, increasing debt leverage.\nBut Culp has brought good things to life at GE. He sold the fast-growth section of GE Health to his former employer,Danaher(NYSE:DHR). He has reduced its holding inBaker Hughes(NYSE:BKR), the oil fields tool company, to just25%. That stake’s value has been rising as oil demand rises with the end of the pandemic.\nGE is finally buying smallhealth care bolt-ons. That’s a sea change. Culp’s predecessor, Jeff Immelt, had gutted the company, trading in GE Capital for energy and power, covering up the damage with accounting. Those days are over. You can trust GE’s numbers again.\nThe Bears Abide\nBut those numbers aren’t impressive. Net income and free cash flowbeat estimatesduring the first quarter, but revenue was below estimates, 22% below a year ago.\nFalling estimates on the futurearen’t enough for the bears, who don’t like paying over 1.5 times sales for a shrinking pie. Years of buying Immelt’s happy talk now weigh on the stock. Culp has saved the company, but the goodwill is gone.\nLong-term bear Stephen Tusa ofJPMorgan(NYSE:JPM) isstill bearish. He says the Administration’s plans to increase wind energy production won’t be enough for growth, since GE is still in the oil and gas business.\nOur Larry Ramerdisagrees. He see big tail winds for GE Power and its grid solutions business. TV analyst Jim Cramer sees big gains for GE Aviation asthe world starts flying again.GE will also benefit from a move away from casting parts toward 3D printing, whichcuts costs.\nGE Stock: The Bottom Line\nI think Culp can get a lot more done at GE. This was what he did at Danaher, turning it into a medical equipment powerhouse before retiring to Harvard, from which GE recruited him. Culp is still just 58 and likely motivated to prove doubters wrong.\nIf Culp can replicate the December quarter’s performance of 28 cents per share in earnings, the stock’s current price is less than 12 times that. The short-term return of oil and gas demand, combined with renewed demand at GE Aviation, makes that achievable. Add a few more acquisitions in health care and this could be a growing company by the end of the year.\nIt’s worth speculating on. That’s the best thing I’ve had to say about GE in years.\nAt the time of publication, Dana Blankenhorn directly owned no shares, directly or indirectly, in any company mentioned in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199563526,"gmtCreate":1620719172065,"gmtModify":1704347257251,"author":{"id":"3583812229897399","authorId":"3583812229897399","name":"SharonTeo","avatar":"https://static.tigerbbs.com/2a82ef5fdacb7184be7ab00ad64a4793","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583812229897399","authorIdStr":"3583812229897399"},"themes":[],"htmlText":"Wait","listText":"Wait","text":"Wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199563526","repostId":"1169384390","repostType":4,"repost":{"id":"1169384390","kind":"news","pubTimestamp":1620717579,"share":"https://ttm.financial/m/news/1169384390?lang=&edition=fundamental","pubTime":"2021-05-11 15:19","market":"us","language":"en","title":"Why It’s Still Not Time to Buy Snowflake Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1169384390","media":"InvestorPlace","summary":"The valuation of SNOW stock remains extremely high, but that could change this month.\n\nI remain very","content":"<blockquote>\n The valuation of SNOW stock remains extremely high, but that could change this month.\n</blockquote>\n<p>I remain very upbeat on<b>Snowflake’s</b>(NYSE:<b><u>SNOW</u></b>) fundamentals and the long-term outlook of SNOW stock. And obviously, after sinking well over 50% from their all-time high of $429 and tumbling 36% in the last three months, the shares now have a much more attractive valuation.</p>\n<p><img src=\"https://static.tigerbbs.com/8a1f5b1f9050eed813abed556e5859d1\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>However, given investors’ current mood towards growth and technology stocks, as well as the company’s impending earnings report on May 26, I continue to advise investors to avoid the shares.</p>\n<p><b>Snowflake’s Fundamentals Remain Strong</b></p>\n<p>In acolumn on Snowflakepublished on Oct. 5, I wrote that SNOW stock ” has all the elements needed to become a huge winner over the longer term. Specifically, the company operates in a hot sector, appears to have great technology that will tremendously help its customers, and has a wonderful CEO.”</p>\n<p>In the wake of the company’s very strong Q4 results, I continue to believe that those statements are correct.</p>\n<p>Snowflake’sproduct revenue surged 116%year-over-year, and it obtained $1 million or more from 77 of its customers over the 12 months that ended in March. In Q1, it expects its product sales to nearly double. Further, the firm’s net cash provided by operating activities came in at $19.6 million and its free cash flow, excluding certain items, was $17.3 million.</p>\n<p>Two prestigious research firms were upbeat on Snowflake’s Q4 results and its guidance in separate notes to investors.<b>Deutsche Bank’s</b>Patrick Colvillewrote that“4Q numbers support our thesis that Snowflake is in the sweet spot for two key secular trends of this decade: data-driven decision-making and cloud adoption.”</p>\n<p>Meanwhile, research by<b>UBS</b>‘ Karl Keirsteadindicated that“spending growth on data analytics software technology” by the clients of large cloud infrastructure providers is likely to be material over the coming years.” Additionally, Keristead’s conversations with Snowflake’s customers indicated that the company is positioned well.</p>\n<p><b>Snowflake’s Valuation Is High</b></p>\n<p>Despite the huge drops of SNOW stock, the shares are still trading for over 50x analysts’ average 2021 sales estimatefor the company, according to<i>Yahoo Finance</i>. That’s a very high valuation. Moreover, the sharesare still trading far above theirIPO price of $120. (The company’s IPO took place in September).</p>\n<p>Moreover, as I’ve stated previously, the market is not positively disposed towards growth stocks with high valuations at this point. One such stock,<b>Fastly</b>(NYSE:<b><u>FSLY</u></b>), tumbled tremendously recentlyafter it reported Q1 salesthat surged 35% and were in line with analysts’ average outlook. But its loss per share came in 1 cent above the mean estimate and its Q2 guidance was well below the average view. It’s also worth noting, however, that the company’ announced that its CFO was leaving.</p>\n<p>Although Snowflake’s CFO probably won’t depart, the company’s Q2 guidance could also come in below analysts’ average estimate. I think it’s possible that, like Fastly, Snowflake could be meaningfully, negatively impacted by the continued reopening of the economy. After all, with the work-from-home trend weakening, companies may not have as much need to keep and analyze data in the cloud now as they did at the beginning of the year.</p>\n<p><b>The Bottom Line on SNOW Stock</b></p>\n<p>Like Jack Andrews, an analyst at<b>Needham</b>, I believe that Snowflake’s fundamentals and growth outlook are strong. Also like him, however, I think that “Snowflake’s current valuation accounts for an already-optimistic scenario and fairly incorporates numerous investment positives.” The comments by Andrews, who initiated Snowflake with a “hold” call on May 2,were reportedby<i>Barron’s</i>.</p>\n<p>Further, the combination of a guidance shortfall and the market’s nervous mood could result in SNOW stock tumbling in the wake of its upcoming earnings. As a result, I advise investors to buy the name on weakness sometime after it reports its results.</p>\n<p><i>On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why It’s Still Not Time to Buy Snowflake Stock</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\">\nWhy It’s Still Not Time to Buy Snowflake Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 15:19 GMT+8 <a href=https://investorplace.com/2021/05/why-its-still-not-time-to-buy-snowflake-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The valuation of SNOW stock remains extremely high, but that could change this month.\n\nI remain very upbeat onSnowflake’s(NYSE:SNOW) fundamentals and the long-term outlook of SNOW stock. And obviously...</p>\n\n<a href=\"https://investorplace.com/2021/05/why-its-still-not-time-to-buy-snowflake-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://investorplace.com/2021/05/why-its-still-not-time-to-buy-snowflake-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169384390","content_text":"The valuation of SNOW stock remains extremely high, but that could change this month.\n\nI remain very upbeat onSnowflake’s(NYSE:SNOW) fundamentals and the long-term outlook of SNOW stock. And obviously, after sinking well over 50% from their all-time high of $429 and tumbling 36% in the last three months, the shares now have a much more attractive valuation.\nSource: Shutterstock\nHowever, given investors’ current mood towards growth and technology stocks, as well as the company’s impending earnings report on May 26, I continue to advise investors to avoid the shares.\nSnowflake’s Fundamentals Remain Strong\nIn acolumn on Snowflakepublished on Oct. 5, I wrote that SNOW stock ” has all the elements needed to become a huge winner over the longer term. Specifically, the company operates in a hot sector, appears to have great technology that will tremendously help its customers, and has a wonderful CEO.”\nIn the wake of the company’s very strong Q4 results, I continue to believe that those statements are correct.\nSnowflake’sproduct revenue surged 116%year-over-year, and it obtained $1 million or more from 77 of its customers over the 12 months that ended in March. In Q1, it expects its product sales to nearly double. Further, the firm’s net cash provided by operating activities came in at $19.6 million and its free cash flow, excluding certain items, was $17.3 million.\nTwo prestigious research firms were upbeat on Snowflake’s Q4 results and its guidance in separate notes to investors.Deutsche Bank’sPatrick Colvillewrote that“4Q numbers support our thesis that Snowflake is in the sweet spot for two key secular trends of this decade: data-driven decision-making and cloud adoption.”\nMeanwhile, research byUBS‘ Karl Keirsteadindicated that“spending growth on data analytics software technology” by the clients of large cloud infrastructure providers is likely to be material over the coming years.” Additionally, Keristead’s conversations with Snowflake’s customers indicated that the company is positioned well.\nSnowflake’s Valuation Is High\nDespite the huge drops of SNOW stock, the shares are still trading for over 50x analysts’ average 2021 sales estimatefor the company, according toYahoo Finance. That’s a very high valuation. Moreover, the sharesare still trading far above theirIPO price of $120. (The company’s IPO took place in September).\nMoreover, as I’ve stated previously, the market is not positively disposed towards growth stocks with high valuations at this point. One such stock,Fastly(NYSE:FSLY), tumbled tremendously recentlyafter it reported Q1 salesthat surged 35% and were in line with analysts’ average outlook. But its loss per share came in 1 cent above the mean estimate and its Q2 guidance was well below the average view. It’s also worth noting, however, that the company’ announced that its CFO was leaving.\nAlthough Snowflake’s CFO probably won’t depart, the company’s Q2 guidance could also come in below analysts’ average estimate. I think it’s possible that, like Fastly, Snowflake could be meaningfully, negatively impacted by the continued reopening of the economy. After all, with the work-from-home trend weakening, companies may not have as much need to keep and analyze data in the cloud now as they did at the beginning of the year.\nThe Bottom Line on SNOW Stock\nLike Jack Andrews, an analyst atNeedham, I believe that Snowflake’s fundamentals and growth outlook are strong. Also like him, however, I think that “Snowflake’s current valuation accounts for an already-optimistic scenario and fairly incorporates numerous investment positives.” The comments by Andrews, who initiated Snowflake with a “hold” call on May 2,were reportedbyBarron’s.\nFurther, the combination of a guidance shortfall and the market’s nervous mood could result in SNOW stock tumbling in the wake of its upcoming earnings. As a result, I advise investors to buy the name on weakness sometime after it reports its results.\nOn the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
