To The Moon
Home
News
TigerAI
Log In
Sign Up
HuHuat
+Follow
Posts · 102
Posts · 102
Following · 0
Following · 0
Followers · 0
Followers · 0
HuHuat
HuHuat
·
2023-12-19
$Tesla Motors(TSLA)$
buy buy buy
看
2.00K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2023-12-19
$ZIM Integrated Shipping Services Ltd.(ZIM)$
worthless crap stock
看
2.34K
回复
Comment
点赞
3
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2023-10-20
$Tesla Motors(TSLA)$
short term bearish, long term bullish, buy the dip
看
2.49K
回复
Comment
点赞
2
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2023-10-20
$Tesla Motors(TSLA)$
Short term bearish, long term bullish
看
2.26K
回复
Comment
点赞
1
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2023-10-13
Buy buy buy
2 Reasons Tesla Stock Will Keep Driving Higher
What if I told you Tesla has yet to reach its full potential?
2 Reasons Tesla Stock Will Keep Driving Higher
看
2.51K
回复
Comment
点赞
4
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2022-12-07
Buy buy buy
Microsoft: Undervalued With Phenomenal Dividend Growth Prospects
SummaryMicrosoft continues to be one of our favorite all-around ideas.During Microsoft’s calendar th
Microsoft: Undervalued With Phenomenal Dividend Growth Prospects
看
2.47K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2022-11-26
Buy buy buy
93% of Warren Buffett's Portfolio Is in These 4 Sectors
The Oracle of Omaha is a big believer in portfolio concentration.
93% of Warren Buffett's Portfolio Is in These 4 Sectors
看
2.86K
回复
2
点赞
4
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2022-11-22
Buy buy buy
Apple And Taiwan Semiconductor: Let's Ask Buffett
SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his
Apple And Taiwan Semiconductor: Let's Ask Buffett
看
2.68K
回复
1
点赞
6
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2022-11-16
Buy buy buy
看
2.35K
回复
1
点赞
1
编组 21备份 2
Share
Report
HuHuat
HuHuat
·
2022-11-10
Buy buy buy
Major Semiconductor Stocks Cheered up in Morning Trading; AMD and Nvidia Soared Over 7%
Major semiconductor stocks cheered up in morning trading; AMD and NVIDIA Corp soared over 7%.
Major Semiconductor Stocks Cheered up in Morning Trading; AMD and Nvidia Soared Over 7%
看
1.99K
回复
Comment
点赞
2
编组 21备份 2
Share
Report
Load more
Most Discussed
{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3559041682881081","uuid":"3559041682881081","gmtCreate":1595947660334,"gmtModify":1646027850771,"name":"HuHuat","pinyin":"huhuat","introduction":"","introductionEn":"","signature":"","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":7,"headSize":106,"tweetSize":102,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":7,"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":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.05.24","exceedPercentage":"60.28%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.03.13","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.06","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":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":16,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":253759264907384,"gmtCreate":1702972164680,"gmtModify":1702972168172,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> buy buy buy","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> buy buy buy","text":"$Tesla Motors(TSLA)$ buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/253759264907384","isVote":1,"tweetType":1,"viewCount":2003,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":253758626296040,"gmtCreate":1702971943399,"gmtModify":1702972619754,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ZIM\">$ZIM Integrated Shipping Services Ltd.(ZIM)$ </a> worthless crap stock","listText":"<a href=\"https://ttm.financial/S/ZIM\">$ZIM Integrated Shipping Services Ltd.(ZIM)$ </a> worthless crap stock","text":"$ZIM Integrated Shipping Services Ltd.(ZIM)$ worthless crap stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/253758626296040","isVote":1,"tweetType":1,"viewCount":2339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232514244845680,"gmtCreate":1697789706721,"gmtModify":1697789710628,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>short term bearish, long term bullish, buy the dip","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>short term bearish, long term bullish, buy the dip","text":"$Tesla Motors(TSLA)$ short term bearish, long term bullish, buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232514244845680","isVote":1,"tweetType":1,"viewCount":2488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232514189033608,"gmtCreate":1697789594954,"gmtModify":1697789597840,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>Short term bearish, long term bullish","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>Short term bearish, long term bullish","text":"$Tesla Motors(TSLA)$ Short term bearish, long term bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232514189033608","isVote":1,"tweetType":1,"viewCount":2256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":229750940348680,"gmtCreate":1697133427532,"gmtModify":1697133431679,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/229750940348680","repostId":"2374415987","repostType":2,"repost":{"id":"2374415987","kind":"highlight","pubTimestamp":1697123700,"share":"https://ttm.financial/m/news/2374415987?lang=&edition=fundamental","pubTime":"2023-10-12 23:15","market":"us","language":"en","title":"2 Reasons Tesla Stock Will Keep Driving Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2374415987","media":"Motley Fool","summary":"What if I told you Tesla has yet to reach its full potential?","content":"<div>\n<p>KEY POINTSEven with new challengers in the EV market, Tesla continues to reign supreme.Advancements in AI hold the potential to transform Tesla's business potential.Tesla's EV dominance and future AI ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/10/12/2-reasons-tesla-stock-will-keep-driving-higher/\">Web 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>2 Reasons Tesla Stock Will Keep Driving Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Reasons Tesla Stock Will Keep Driving Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-12 23:15 GMT+8 <a href=https://www.fool.com/investing/2023/10/12/2-reasons-tesla-stock-will-keep-driving-higher/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSEven with new challengers in the EV market, Tesla continues to reign supreme.Advancements in AI hold the potential to transform Tesla's business potential.Tesla's EV dominance and future AI ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/10/12/2-reasons-tesla-stock-will-keep-driving-higher/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","TSLA":"特斯拉","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2063271972.USD":"富兰克林创新领域基金","BK4551":"寇图资本持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4527":"明星科技股","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4550":"红杉资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1548497426.USD":"安联环球人工智能AT Acc","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4511":"特斯拉概念","LU0823411888.USD":"法巴消费创新基金 Cap","BK4555":"新能源车","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","TSLL":"2倍做多TSLA ETF-Direxion","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4574":"无人驾驶","BK4581":"高盛持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4548":"巴美列捷福持仓"},"source_url":"https://www.fool.com/investing/2023/10/12/2-reasons-tesla-stock-will-keep-driving-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2374415987","content_text":"KEY POINTSEven with new challengers in the EV market, Tesla continues to reign supreme.Advancements in AI hold the potential to transform Tesla's business potential.Tesla's EV dominance and future AI prospects make it an easy choice for investors.In just two short decades, Tesla has risen from an unknown and obscure start-up to the preeminent electric vehicle pioneer. The company's embrace of research and development and strides in innovation have helped its stock grow more than 20,000% since its debut on the Nasdaq Stock Market. After such a massive run, it's reasonable to wonder if Tesla can maintain this pace. However, recent advancements suggest that Tesla will continue to be a long-term growth superstar. Here are two reasons why Tesla's best days remain ahead and why its stock is a perfect choice for investors looking for a genuine growth opportunity.Image source: Getty Images.The undisputed EV champFor most of this century, drivers looking to ditch the fuel pump had no other option than Tesla. The company's ability to master the difficult task of mass-producing affordable, high-performance electric vehicles (EVs) as early as 2008 made it the most alluring and affordable choice in the emerging industry.However, with estimates projecting a 500% increase in the number of EVs on the road by 2035, new competition has entered the picture to try and capture market share. With legacy automakers and young start-ups making their foray into the EV space, drivers have more options than ever.Yet referring to these new participants as \"competitors\" might give them too much credit. Make no mistake, Tesla still completely dominates the EV market in just about every meaningful category. For example, let's look at sales of EVs in the U.S. during the first six months of 2023. In what was barely even a competition, Tesla outsold a crowded field of the next 19 EV makers combined with more than 325,0000 vehicles sold. The next closest was Chevrolet, with just under 35,000.The harsh reality is that joining the EV race has proven more difficult for Tesla's rivals than they may have thought. Take Ford Motor, for instance. The company recently disclosed that it expects a $4.5 billion loss in its EV sector this year. Even Rivian, one of the more notable up-and-coming EV makers, is struggling as it reported an average loss of $33,000 per vehicle.The simple fact is that Tesla's position as the champion of EVs remains firm. The company raked in a profit of more than $4 billion from EVs alone in the second quarter of 2023, producing almost 480,000 vehicles. Tesla's industry dominance becomes even more apparent when considering its \"competition\" struggles to make barely 20,000 vehicles in a quarter.Harnessing the power of AIWhile Tesla can attribute most of its success to the EV industry, the most compelling aspect of its long-term value proposition lies in its development and integration of artificial intelligence (AI). Consider autonomous driving. Even though considerable refinement remains before Tesla makes drivers obsolete, the company has achieved a breakthrough in how it trains its full self-driving (FSD) software. With the help of its supercomputer, Dojo, Tesla can now feed video collected from millions of cars worldwide through its AI-powered neural networks that interpret the data and learn how to drive. With this advancement, Tesla can achieve greater vehicle autonomy at a much faster pace than before. This is because programmers are no longer required to hard code responses to account for the near-infinite randomness that occurs on the roads. Instead, the AI-powered systems can learn proper responses on their own without the need for tedious hard coding. Now, the only obstacle separating Tesla from greater autonomy is its collection and processing of more video data, a challenge it is uniquely built to overcome thanks to its massive fleet of vehicles. Once Tesla can achieve the coveted Level 4 or 5 of autonomous driving, CEO Elon Musk plans to unveil a robotaxi business. In his usual optimism, Musk has said that he believes Tesla will reach this goal by the end of 2023. More realistic trajectories would likely put this at some time in 2024. Regardless of how soon the robotaxi business launches, there is no denying its potential to transform Tesla's sources of revenue. Musk has told author Walter Isaacson that he believes self-hailing autonomous ridesharing is a product with \"quasi-infinite demand\" and will make Tesla a \"ten-trillion [dollar] company.\" He added that once it is operational, \"people will be talking about this moment in a hundred years.\"The opportunity at handConsidering the increase of demand for electric vehicles and Tesla's leading position in the industry, investing in the company for these reasons alone would be a wise choice. However, labeling Tesla solely as an electric vehicle manufacturer would be a mistake. The truth is that Tesla is a technology company with the potential to make roads safer, harness the power of AI, and create entirely new business models. When you add in the transformative impact that AI will have, Tesla becomes a no-brainer for investors seeking long-term growth opportunities. With the development of more capable autonomous driving being a matter of when rather than if, investors can grab Tesla shares today at a discount relative to its future potential while Wall Street continues to view it as merely an EV company.","news_type":1,"symbols_score_info":{"TSLL":1,"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":2505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967799189,"gmtCreate":1670375430942,"gmtModify":1676538354896,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"Buy buy buy ","listText":"Buy buy buy ","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967799189","repostId":"1101532726","repostType":4,"repost":{"id":"1101532726","kind":"news","pubTimestamp":1670333566,"share":"https://ttm.financial/m/news/1101532726?lang=&edition=fundamental","pubTime":"2022-12-06 21:32","market":"us","language":"en","title":"Microsoft: Undervalued With Phenomenal Dividend Growth Prospects","url":"https://stock-news.laohu8.com/highlight/detail?id=1101532726","media":"Seeking Alpha","summary":"SummaryMicrosoft continues to be one of our favorite all-around ideas.During Microsoft’s calendar th","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Microsoft continues to be one of our favorite all-around ideas.</li><li>During Microsoft’s calendar third quarter, the company hauled in $16.9 billion in free cash flow in the period.</li><li>It ended the quarter with a net cash position of $58.6 billion, as its total cash and cash equivalents position swelled to $107.3 billion.</li><li>These cash-based sources of intrinsic value remain key attributes behind the resilience of Microsoft's fair value estimate.</li><li>Let's dig into Microsoft and talk about how we derive our fair value estimate and why we think its dividend growth potential is phenomenal.</li></ul><p>We're playing the long game when it comes to investing, and we still like the areas of large cap growth and big cap tech as a way to generate significant capital appreciation over the long haul. 2022hasn't been the best year for these areas, but as with any drawdown in some of the strongest free-cash-flow generating, net-cash-rich, secular-growth powerhouses, we believe that they once again will reach new highs -- it may take a bit longer than previously expected, however. Large cap growth, as measured by the Schwab U.S. Large-Cap Growth ETF (SCHG), in which Microsoft Corp. (NASDAQ: MSFT) is one of the top weightings, has been a strong performer the past 5 years.</p><p><img src=\"https://static.tigerbbs.com/136f15c30a44d26c0d140cb429f7c37f\" tg-width=\"640\" tg-height=\"311\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The area of large cap growth continues to beat the market and trounce that of REITs during the past five years. (Image Source: Morningstar)</p><p>On October 25, 2022, Microsoft reported calendarthird-quarterresults. We had been expecting weakness in the PC (personal computer) market as well as in news and search advertising spending on the basis of the company's prior outlook, and the quarterly report from the company was generally in line with the trends that we had been anticipating the past several months. We believe the remainder of calendar 2022 and the first half of 2023 will be difficult for Microsoft, but we continue to love the company's long-term capital appreciation potential.</p><p>As long-term investors, we're looking past the next few quarters at Microsoft because we know that they are going to be weak, or at least weaker than one might have expected when making forecasts last year. What really matters to the long-term picture at Microsoft, however, is that it continues to generate strong free cash flow, retains an impregnable net cash position on the balance sheet, and builds upon its strong competitive advantages to capture strength at the other side of this ongoing economic weakness.</p><p>During Microsoft's calendar third quarter, the company hauled in $16.9 billion in free cash flow in the period, and it ended the quarter with a net cash position of $58.6 billion, as its total cash and cash equivalents positioned swelled to $107.3 billion. These cash-based sources of intrinsic value remain key attributes behind the resilience of Microsoft's fair value estimate. In this note, let's dig into Microsoft and talk about how we derive our fair value estimate and why we think its dividend growth potential is phenomenal.</p><p><b>Microsoft's Key Investment Considerations</b><img src=\"https://static.tigerbbs.com/6539adf3832ee2301111d095ea234871\" tg-width=\"640\" tg-height=\"508\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Key Investment Considerations (Image Source: Valuentum)</p><p>Microsoft's products include operating systems, cloud services, server applications, desktop and server management tools, software development tools, video games, and online advertising. It also designs, manufactures and sells hardware, including PCs, tablets, gaming consoles, and other smart accessories that integrate with its cloud offerings. The Xbox is consistently one of the best selling items during the holiday season.</p><p>Microsoft can't scoop up its own shares fast enough through its massive buyback program. The firm floats debt with the best credit quality [AAA], and we can't think of another firm with a better financial profile. Financial discipline and strong execution remain hallmarks of its business, and we don't think this will change anytime soon.</p><p>Microsoft is not a tech dinosaur, and momentum behind new devices and platforms continues to build. Its cloud-based product suite, Office 365 and Azure, continues to catch favor among consumers and enterprises at impressive rates. This momentum has allowed it to achieve goals in commercial cloud annual recurring revenue well ahead of schedule.</p><p>Years ago, Microsoft acquired LinkedIn for over $26 billion in cash, and the deal has expanded its addressable market, while helping drive engagement across Office 365. The firm's impressive financial profile gives us confidence in it moving forward, and its tremendous free cash flow generating capacity has not wavered. Its deal withActivision(ATVI) could open up even more opportunities.</p><p>Microsoft's Windows business has been the bread-and-butter of the company for such a long time, but investor focus has shifted to the company's other segments as its business model moves towards the cloud. Microsoft is helping drive the transition to cloud-based software products, something that is here to stay.</p><p><b>Microsoft's Return on Invested Capital</b><img src=\"https://static.tigerbbs.com/beae08a73d8d3465a4e83c12b35de8ad\" tg-width=\"640\" tg-height=\"556\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Return on Invested Capital (Image Source: Valuentum)</p><p>The best measure of a company's ability to create value for shareholders is expressed by comparing its return on invested capital [ROIC] with its weighted average cost of capital [WACC]. The gap or difference between ROIC and WACC is called the firm's economic profit spread. Microsoft's 3-year historical return on invested capital (without goodwill) is 61.3%, which is above the estimate of its cost of capital of 8.1%.</p><p>As such, we assign the firm a ValueCreation rating of excellent. In the chart above, we show the probable path of ROIC in the years ahead based on the estimated volatility of key drivers behind the measure. The solid grey line reflects the most likely outcome, in our opinion, and represents the scenario that results in our fair value estimate. Microsoft is a solid economic profit generator and has been for a long time.</p><p><b>Microsoft's Cash-Flow-Based Valuation Estimate</b><img src=\"https://static.tigerbbs.com/4903a8152d8fcee83d9ae33dc43f1204\" tg-width=\"640\" tg-height=\"314\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Cash Flow Generation (Image Source: Valuentum)</p><p>Stocks that generate a free cash flow margin (free cash flow divided by total revenue) above 5% are usually considered cash cows. Microsoft's free cash flow margin has averaged about 32.6% during the past 3 years. As such, we think the firm's cash flow generation is very strong. The free cash flow measure shown above is derived by taking cash flow from operations less capital expenditures and differs from enterprise free cash flow, which we use in deriving our fair value estimate for the company. At Microsoft, cash flow from operations increased about 47% from levels registered two years ago, while capital expenditures expanded about 55% over the same time period.</p><p><img src=\"https://static.tigerbbs.com/6c1967b6aea8618b70732bc56b4fd25c\" tg-width=\"640\" tg-height=\"560\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Valuation Assumptions (Image Source: Valuentum)</p><p>We think Microsoft is worth $305 per share with a fair value range of $244-$366. The margin of safety around our fair value estimate is driven by the firm's LOW ValueRisk rating, which is derived from an evaluation of the historical volatility of key valuation drivers and a future assessment of them.</p><p>Our near-term operating forecasts, including revenue and earnings, do not differ much from consensus estimates or management guidance. Our model reflects a compound annual revenue growth rate of 10.6% during the next five years, a pace that is lower than the firm's 3- year historical compound annual growth rate of 16.4%.</p><p>Our valuation model reflects a 5-year projected average operating margin of 41.8%, which is above Microsoft's trailing 3- year average. Beyond year 5, we assume free cash flow will grow at an annual rate of 5.3% for the next 15 years and 3% in perpetuity. For Microsoft, we use a 8.1% weighted average cost of capital to discount future free cash flows.</p><p><img src=\"https://static.tigerbbs.com/bcbd60df541ccd072192a83b7275a53f\" tg-width=\"640\" tg-height=\"591\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Valuation Breakdown (Image Source: Valuentum)</p><p><b>Our Fair Value Estimate Range for Microsoft</b><img src=\"https://static.tigerbbs.com/3da72ee43b4295af46e0c75a49afbd0a\" tg-width=\"640\" tg-height=\"378\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Range of Potential Outcomes (Image Source: Valuentum)</p><p>Our discounted cash flow process values each stock on the basis of the present value of all future free cash flows. Although we estimate Microsoft's fair value at about $305 per share, every company has a range of probable fair values that's created by the uncertainty of key valuation drivers (like future revenue or earnings, for example). After all, if the future were known with certainty, we wouldn't see much volatility in the markets as stocks would trade precisely at their known fair values.</p><p>Our ValueRisk rating sets the margin of safety or the fair value range we assign to each stock. In the graph above, we show this probable range of fair values for Microsoft. We think the firm is attractive below $244 per share (the green line), but quite expensive above $366 per share (the red line). The prices that fall along the yellow line, which includes our fair value estimate, represent a reasonable valuation for the firm, in our opinion.</p><p><b>Microsoft's Strong Dividend Health</b><img src=\"https://static.tigerbbs.com/fe8969dc31d0304e4852f7f9dc1b3e91\" tg-width=\"640\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Cushion Cash Flow Bridge (Image Source: Valuentum)</p><p>The Dividend Cushion Cash Flow Bridge, shown in the image above, illustrates the components of the Dividend Cushion ratio and highlights in detail the many drivers behind it. Microsoft's Dividend Cushion Cash Flow Bridge reveals that the sum of the company's 5-year cumulative free cash flow generation, as measured by cash flow from operations less all capital spending, plus its net cash/debt position on the balance sheet, as of the last fiscal year, is greater than the sum of the next 5 years of expected cash dividends paid.</p><p>Because the Dividend Cushion ratio is forward-looking and captures the trajectory of the company's free cash flow generation and dividend growth, it reveals whether there will be a cash surplus or a cash shortfall at the end of the 5-year period, taking into consideration the leverage on the balance sheet, a key source of risk. On a fundamental basis, we believe companies that have a strong net cash position on the balance sheet and are generating a significant amount of free cash flow are better able to pay and grow their dividend over time.</p><p>Stocks that are buried under a mountain of debt and do not sufficiently cover their dividend with free cash flow are more at risk of a dividend cut or a suspension of growth, all else equal, in our opinion. Generally speaking, the greater the 'blue bar' to the right (in the image above) is in the positive, the more durable a company's dividend, and the greater the 'blue bar' to the right is in the negative, the less durable a company's dividend. Microsoft has substantial excess financial capacity to continue to keep growing its dividend.</p><p><img src=\"https://static.tigerbbs.com/0bdd04bad899fe56c6f725766d8930c5\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Cushion Ratio Deconstruction (Image Source: Valuentum)</p><p>The Dividend Cushion Ratio Deconstruction, shown in the image above, reveals the numerator and denominator of the Dividend Cushion ratio. At the core, the larger the numerator, or the healthier a company's balance sheet and future free cash flow generation, relative to the denominator, or a company's cash dividend obligations, the more durable the dividend.</p><p>In the context of the Dividend Cushion ratio, Microsoft's numerator is larger than its denominator suggesting strong dividend coverage in the future. The Dividend Cushion Ratio Deconstruction image puts sources of free cash in the context of financial obligations next to expected cash dividend payments over the next 5 years on a side-by-side comparison.</p><p>Because the Dividend Cushion ratio and many of its components are forward-looking, our dividend evaluation may change upon subsequent updates as future forecasts are altered to reflect new information, as in the ATVI transaction, for example. Microsoft's Dividend Cushion ratio stands at 4 at this time of this writing.</p><p><img src=\"https://static.tigerbbs.com/c756a0443a9ad5a780ef4b137628c1c4\" tg-width=\"960\" tg-height=\"720\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The Dividend Cushion ratio is one of the most powerful financial tools an income or dividend growth investor can use in conjunction with qualitative dividend analysis. The ratio is one-of-a-kind in that it is both free-cash-flow based and forward looking. Since its creation in 2012, the Dividend Cushion ratio has forewarned readers of approximately 50 dividend cuts. We estimate its efficacy at ~90%. (Image Source: Valuentum)</p><p><b>Concluding Thoughts</b></p><p>The next few quarters may be a bit weaker than investors had been expecting at Microsoft, as the gaming markets, PC demand, and general tech spending slow relative to the robust pace of years ago. The software giant has a lot of moving parts, especially with its cloud business and its deal with ATVI, but Microsoft remains a solid free cash flow generator with a fantastic balance sheet, both of which support its $305 per share fair value estimate and lofty Dividend Cushion ratio of 4. Microsoft remains one of our all-around favorite ideas, and it may just turn into the best dividend growth stock over the next few decades. We're fans.</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>Microsoft: Undervalued With Phenomenal Dividend Growth Prospects</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\">\nMicrosoft: Undervalued With Phenomenal Dividend Growth Prospects\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-06 21:32 GMT+8 <a href=https://seekingalpha.com/article/4562585-microsoft-undervalued-dividend-growth-prospects><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMicrosoft continues to be one of our favorite all-around ideas.During Microsoft’s calendar third quarter, the company hauled in $16.9 billion in free cash flow in the period.It ended the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562585-microsoft-undervalued-dividend-growth-prospects\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://seekingalpha.com/article/4562585-microsoft-undervalued-dividend-growth-prospects","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101532726","content_text":"SummaryMicrosoft continues to be one of our favorite all-around ideas.During Microsoft’s calendar third quarter, the company hauled in $16.9 billion in free cash flow in the period.It ended the quarter with a net cash position of $58.6 billion, as its total cash and cash equivalents position swelled to $107.3 billion.These cash-based sources of intrinsic value remain key attributes behind the resilience of Microsoft's fair value estimate.Let's dig into Microsoft and talk about how we derive our fair value estimate and why we think its dividend growth potential is phenomenal.We're playing the long game when it comes to investing, and we still like the areas of large cap growth and big cap tech as a way to generate significant capital appreciation over the long haul. 2022hasn't been the best year for these areas, but as with any drawdown in some of the strongest free-cash-flow generating, net-cash-rich, secular-growth powerhouses, we believe that they once again will reach new highs -- it may take a bit longer than previously expected, however. Large cap growth, as measured by the Schwab U.S. Large-Cap Growth ETF (SCHG), in which Microsoft Corp. (NASDAQ: MSFT) is one of the top weightings, has been a strong performer the past 5 years.The area of large cap growth continues to beat the market and trounce that of REITs during the past five years. (Image Source: Morningstar)On October 25, 2022, Microsoft reported calendarthird-quarterresults. We had been expecting weakness in the PC (personal computer) market as well as in news and search advertising spending on the basis of the company's prior outlook, and the quarterly report from the company was generally in line with the trends that we had been anticipating the past several months. We believe the remainder of calendar 2022 and the first half of 2023 will be difficult for Microsoft, but we continue to love the company's long-term capital appreciation potential.As long-term investors, we're looking past the next few quarters at Microsoft because we know that they are going to be weak, or at least weaker than one might have expected when making forecasts last year. What really matters to the long-term picture at Microsoft, however, is that it continues to generate strong free cash flow, retains an impregnable net cash position on the balance sheet, and builds upon its strong competitive advantages to capture strength at the other side of this ongoing economic weakness.During Microsoft's calendar third quarter, the company hauled in $16.9 billion in free cash flow in the period, and it ended the quarter with a net cash position of $58.6 billion, as its total cash and cash equivalents positioned swelled to $107.3 billion. These cash-based sources of intrinsic value remain key attributes behind the resilience of Microsoft's fair value estimate. In this note, let's dig into Microsoft and talk about how we derive our fair value estimate and why we think its dividend growth potential is phenomenal.Microsoft's Key Investment ConsiderationsKey Investment Considerations (Image Source: Valuentum)Microsoft's products include operating systems, cloud services, server applications, desktop and server management tools, software development tools, video games, and online advertising. It also designs, manufactures and sells hardware, including PCs, tablets, gaming consoles, and other smart accessories that integrate with its cloud offerings. The Xbox is consistently one of the best selling items during the holiday season.Microsoft can't scoop up its own shares fast enough through its massive buyback program. The firm floats debt with the best credit quality [AAA], and we can't think of another firm with a better financial profile. Financial discipline and strong execution remain hallmarks of its business, and we don't think this will change anytime soon.Microsoft is not a tech dinosaur, and momentum behind new devices and platforms continues to build. Its cloud-based product suite, Office 365 and Azure, continues to catch favor among consumers and enterprises at impressive rates. This momentum has allowed it to achieve goals in commercial cloud annual recurring revenue well ahead of schedule.Years ago, Microsoft acquired LinkedIn for over $26 billion in cash, and the deal has expanded its addressable market, while helping drive engagement across Office 365. The firm's impressive financial profile gives us confidence in it moving forward, and its tremendous free cash flow generating capacity has not wavered. Its deal withActivision(ATVI) could open up even more opportunities.Microsoft's Windows business has been the bread-and-butter of the company for such a long time, but investor focus has shifted to the company's other segments as its business model moves towards the cloud. Microsoft is helping drive the transition to cloud-based software products, something that is here to stay.Microsoft's Return on Invested CapitalReturn on Invested Capital (Image Source: Valuentum)The best measure of a company's ability to create value for shareholders is expressed by comparing its return on invested capital [ROIC] with its weighted average cost of capital [WACC]. The gap or difference between ROIC and WACC is called the firm's economic profit spread. Microsoft's 3-year historical return on invested capital (without goodwill) is 61.3%, which is above the estimate of its cost of capital of 8.1%.As such, we assign the firm a ValueCreation rating of excellent. In the chart above, we show the probable path of ROIC in the years ahead based on the estimated volatility of key drivers behind the measure. The solid grey line reflects the most likely outcome, in our opinion, and represents the scenario that results in our fair value estimate. Microsoft is a solid economic profit generator and has been for a long time.Microsoft's Cash-Flow-Based Valuation EstimateCash Flow Generation (Image Source: Valuentum)Stocks that generate a free cash flow margin (free cash flow divided by total revenue) above 5% are usually considered cash cows. Microsoft's free cash flow margin has averaged about 32.6% during the past 3 years. As such, we think the firm's cash flow generation is very strong. The free cash flow measure shown above is derived by taking cash flow from operations less capital expenditures and differs from enterprise free cash flow, which we use in deriving our fair value estimate for the company. At Microsoft, cash flow from operations increased about 47% from levels registered two years ago, while capital expenditures expanded about 55% over the same time period.Valuation Assumptions (Image Source: Valuentum)We think Microsoft is worth $305 per share with a fair value range of $244-$366. The margin of safety around our fair value estimate is driven by the firm's LOW ValueRisk rating, which is derived from an evaluation of the historical volatility of key valuation drivers and a future assessment of them.Our near-term operating forecasts, including revenue and earnings, do not differ much from consensus estimates or management guidance. Our model reflects a compound annual revenue growth rate of 10.6% during the next five years, a pace that is lower than the firm's 3- year historical compound annual growth rate of 16.4%.Our valuation model reflects a 5-year projected average operating margin of 41.8%, which is above Microsoft's trailing 3- year average. Beyond year 5, we assume free cash flow will grow at an annual rate of 5.3% for the next 15 years and 3% in perpetuity. For Microsoft, we use a 8.1% weighted average cost of capital to discount future free cash flows.Valuation Breakdown (Image Source: Valuentum)Our Fair Value Estimate Range for MicrosoftRange of Potential Outcomes (Image Source: Valuentum)Our discounted cash flow process values each stock on the basis of the present value of all future free cash flows. Although we estimate Microsoft's fair value at about $305 per share, every company has a range of probable fair values that's created by the uncertainty of key valuation drivers (like future revenue or earnings, for example). After all, if the future were known with certainty, we wouldn't see much volatility in the markets as stocks would trade precisely at their known fair values.Our ValueRisk rating sets the margin of safety or the fair value range we assign to each stock. In the graph above, we show this probable range of fair values for Microsoft. We think the firm is attractive below $244 per share (the green line), but quite expensive above $366 per share (the red line). The prices that fall along the yellow line, which includes our fair value estimate, represent a reasonable valuation for the firm, in our opinion.Microsoft's Strong Dividend HealthDividend Cushion Cash Flow Bridge (Image Source: Valuentum)The Dividend Cushion Cash Flow Bridge, shown in the image above, illustrates the components of the Dividend Cushion ratio and highlights in detail the many drivers behind it. Microsoft's Dividend Cushion Cash Flow Bridge reveals that the sum of the company's 5-year cumulative free cash flow generation, as measured by cash flow from operations less all capital spending, plus its net cash/debt position on the balance sheet, as of the last fiscal year, is greater than the sum of the next 5 years of expected cash dividends paid.Because the Dividend Cushion ratio is forward-looking and captures the trajectory of the company's free cash flow generation and dividend growth, it reveals whether there will be a cash surplus or a cash shortfall at the end of the 5-year period, taking into consideration the leverage on the balance sheet, a key source of risk. On a fundamental basis, we believe companies that have a strong net cash position on the balance sheet and are generating a significant amount of free cash flow are better able to pay and grow their dividend over time.Stocks that are buried under a mountain of debt and do not sufficiently cover their dividend with free cash flow are more at risk of a dividend cut or a suspension of growth, all else equal, in our opinion. Generally speaking, the greater the 'blue bar' to the right (in the image above) is in the positive, the more durable a company's dividend, and the greater the 'blue bar' to the right is in the negative, the less durable a company's dividend. Microsoft has substantial excess financial capacity to continue to keep growing its dividend.Dividend Cushion Ratio Deconstruction (Image Source: Valuentum)The Dividend Cushion Ratio Deconstruction, shown in the image above, reveals the numerator and denominator of the Dividend Cushion ratio. At the core, the larger the numerator, or the healthier a company's balance sheet and future free cash flow generation, relative to the denominator, or a company's cash dividend obligations, the more durable the dividend.In the context of the Dividend Cushion ratio, Microsoft's numerator is larger than its denominator suggesting strong dividend coverage in the future. The Dividend Cushion Ratio Deconstruction image puts sources of free cash in the context of financial obligations next to expected cash dividend payments over the next 5 years on a side-by-side comparison.Because the Dividend Cushion ratio and many of its components are forward-looking, our dividend evaluation may change upon subsequent updates as future forecasts are altered to reflect new information, as in the ATVI transaction, for example. Microsoft's Dividend Cushion ratio stands at 4 at this time of this writing.The Dividend Cushion ratio is one of the most powerful financial tools an income or dividend growth investor can use in conjunction with qualitative dividend analysis. The ratio is one-of-a-kind in that it is both free-cash-flow based and forward looking. Since its creation in 2012, the Dividend Cushion ratio has forewarned readers of approximately 50 dividend cuts. We estimate its efficacy at ~90%. (Image Source: Valuentum)Concluding ThoughtsThe next few quarters may be a bit weaker than investors had been expecting at Microsoft, as the gaming markets, PC demand, and general tech spending slow relative to the robust pace of years ago. The software giant has a lot of moving parts, especially with its cloud business and its deal with ATVI, but Microsoft remains a solid free cash flow generator with a fantastic balance sheet, both of which support its $305 per share fair value estimate and lofty Dividend Cushion ratio of 4. Microsoft remains one of our all-around favorite ideas, and it may just turn into the best dividend growth stock over the next few decades. We're fans.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966372041,"gmtCreate":1669428935883,"gmtModify":1676538196234,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"Buy buy buy ","listText":"Buy buy buy ","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966372041","repostId":"2286395195","repostType":4,"repost":{"id":"2286395195","kind":"highlight","pubTimestamp":1669424451,"share":"https://ttm.financial/m/news/2286395195?lang=&edition=fundamental","pubTime":"2022-11-26 09:00","market":"us","language":"en","title":"93% of Warren Buffett's Portfolio Is in These 4 Sectors","url":"https://stock-news.laohu8.com/highlight/detail?id=2286395195","media":"Motley Fool","summary":"The Oracle of Omaha is a big believer in portfolio concentration.","content":"<div>\n<p>Though there are a lot of great money managers, few can hold a candle to the Oracle of Omaha, Warren Buffett. Since becoming CEO of Berkshire Hathaway in 1965, Buffett has overseen the creation of ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/25/93-warren-buffett-portfolio-is-in-these-4-sectors/\">Web 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>93% of Warren Buffett's Portfolio Is in These 4 Sectors</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\">\n93% of Warren Buffett's Portfolio Is in These 4 Sectors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-26 09:00 GMT+8 <a href=https://www.fool.com/investing/2022/11/25/93-warren-buffett-portfolio-is-in-these-4-sectors/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Though there are a lot of great money managers, few can hold a candle to the Oracle of Omaha, Warren Buffett. Since becoming CEO of Berkshire Hathaway in 1965, Buffett has overseen the creation of ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/25/93-warren-buffett-portfolio-is-in-these-4-sectors/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","CVX":"雪佛龙","AAPL":"苹果","TSM":"台积电","BAC":"美国银行","KO":"可口可乐","AXP":"美国运通","OXY":"西方石油"},"source_url":"https://www.fool.com/investing/2022/11/25/93-warren-buffett-portfolio-is-in-these-4-sectors/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286395195","content_text":"Though there are a lot of great money managers, few can hold a candle to the Oracle of Omaha, Warren Buffett. Since becoming CEO of Berkshire Hathaway in 1965, Buffett has overseen the creation of more than $680 billion in shareholder value and delivered an aggregate return on his company's Class A shares (BRK.A) of better than 3,600,000%.While there is a long list of reasons for Buffett's success, one of the most overlooked catalysts is portfolio concentration. Despite having more than $345 billion invested in around four dozen securities, 93% of Warren Buffett's portfolio can be traced to just four sectors.Technology: 44.18% of invested assetsAlthough Buffett's company owns a half-dozen tech stocks, it's Apple that accounts for the lion's share of Berkshire Hathaway's investment portfolio. As of this past weekend, Apple made up 40% of Berkshire's invested assets.What makes Apple so special is its dominance in a variety of categories. It's widely regarded as the world's most valuable brand, and it has an exceptionally loyal customer base. Within the U.S., the company's iPhone accounts for more than half of all smartphone market share.Beyond the physical products that brought the company fame, Apple CEO Tim Cook is leading a multiyear shift that's designed to promote subscription services. For Apple, subscription services should be a higher-margin segment that leads to predictable quarterly cash flow. In short, it's a way to mitigate revenue fluctuations tied to physical product replacement cycles.The other intriguing investment within tech is Buffett's newest: Taiwan Semiconductor Manufacturing Company, which is better known as TSMC. What makes this a seemingly no-brainer investment for Buffett is TSMC is the exclusive supplier of silicon processing chips used in Apple's products. If the Oracle of Omaha and his investment team expect Apple to outperform over the long run, it's only logical that its chip supplier would benefit, too.Financials: 24.08% of invested assetsWithout question, the least surprising aspect of Berkshire Hathaway's portfolio is that financial stocks play a key role. As of the end of last week, Buffett's company was invested in 17 financial securities (this includes two exchange-traded funds) that equated to about $83.3 billion in market value.The reason Buffett loves putting Berkshire's money to work in financial stocks is that they get the benefit of time as an ally. Despite recessions being a regular part of the economic cycle, periods of expansion last considerably longer than recessions. Owning an assortment of banks, insurers, and payment providers allows Berkshire Hathaway to take advantage of the natural expansion in U.S. and global gross domestic product -- as well as consumer and enterprise spending -- over time.The largest financial in Berkshire's investment portfolio is Bank of America. At the moment, BofA's interest rate sensitivity is its biggest catalyst. No large bank stock will see its net interest income fluctuate more with changes to the yield curve than Bank of America. Considering that the Federal Reserve has no choice but to aggressively raise rates in order to tame historically high inflation, BofA is set to generate billions of dollars in added net interest income.Credit-services provider American Express is another large and longtime holding. The beauty of AmEx's operating model is that the company is able to double dip during periods of expansion. In addition to bringing in merchant fees, it also collects interest income and cardholder fees as a lender.Energy: 12.99% of invested assetsPrior to 2022, energy stocks hadn't accounted for more than 8.9% of Warren Buffett's investment portfolio at any point this century. But that's changed in a big way, with energy stocks accounting for nearly 13% of invested assets as of this past week.The real jaw-dropper is that the $44.9 billion Buffett and his team have apportioned to \"energy stocks\" are tied up in just two companies: Chevron and Occidental Petroleum. Berkshire Hathaway also holds $10 billion in preferred stock of Occidental Petroleum that yields 8% annually. This $10 billion isn't included in the $44.9 billion figure.The only reason the Oracle of Omaha would make this bet is if he believed crude oil and natural gas prices would head higher or remain well above their historical average -- and there's certainly reason to believe that'll be the case. The pandemic forced most drilling, exploration, and energy infrastructure companies to significantly pare back their investments. When coupled with Russia invading Ukraine in February, it creates a situation where increasing the global oil and gas supply to meet growing demand becomes difficult. It's a simple situation of demand outpacing supply, with oil and natural gas prices heading higher as a result.Additionally, Chevron and Occidental Petroleum are both integrated operators. Although drilling provides the best margins for oil and gas companies, integrated operators can lean on midstream assets, such as pipelines, or downstream assets, like refineries and chemical plants, if energy commodity prices fall.Consumer staples: 11.38% of invested assetsThe fourth sector that makes up a sizable portion of Warren Buffett's portfolio is consumer staples. Interestingly, though, the 11.38% weighting, as of last week, would be a low point this century.The lure of consumer staples stocks is the predictability of their cash flow and profit potential. No matter how poorly the U.S. economy or stock market performs, people still need to purchase food, beverages, detergent, toothpaste, toilet paper, and so on. This is what makes this sector so appealing during periods of uncertainty, such as we're experiencing now.Warren Buffett's longest-held stock, Coca-Cola, is a consumer staple. Coca-Cola is one of the most recognized brands in the world, which is a testament to its stellar marketing and its ability to cross generational gaps to engage with consumers.Furthermore, Coca-Cola is about as geographically diversified as businesses get. With the exception of North Korea, Cuba, and Russia (the latter is due to its invasion of Ukraine), Coke has ongoing operations in every other country right now. This helps it take advantage of predictable cash flow in developed markets, as well as higher organic growth rates in emerging markets.But it is worth noting that, with the exception of grocery chain Kroger, Buffett's company has shied away from buying consumer staple stocks in recent years. This could be an indication that Buffett's investing lieutenants, Todd Combs and Ted Weschler, are playing a bigger role in Berkshire Hathaway's investments. Combs and Weschler have demonstrated a larger appetite for risk-taking when compared to Warren Buffett.","news_type":1,"symbols_score_info":{"CVX":0.9,"KO":0.9,"AXP":0.9,"KR":0.9,"OXY":0.65,"TSM":0.9,"AAPL":0.9,"BAC":0.9}},"isVote":1,"tweetType":1,"viewCount":2856,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968380153,"gmtCreate":1669128432772,"gmtModify":1676538156095,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"Buy buy buy ","listText":"Buy buy buy ","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968380153","repostId":"2285386886","repostType":4,"repost":{"id":"2285386886","kind":"news","pubTimestamp":1669104486,"share":"https://ttm.financial/m/news/2285386886?lang=&edition=fundamental","pubTime":"2022-11-22 16:08","market":"us","language":"en","title":"Apple And Taiwan Semiconductor: Let's Ask Buffett","url":"https://stock-news.laohu8.com/highlight/detail?id=2285386886","media":"Seeking Alpha","summary":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his","content":"<html><head></head><body><h2>Summary</h2><ul><li>As a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.</li><li>But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.</li><li>The choice is even more puzzling when viewed under the context of his largest holding, Apple.</li><li>There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.</li><li>However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/511f126f81b7dac4ef1687fe1d622bbe\" tg-width=\"1080\" tg-height=\"719\" referrerpolicy=\"no-referrer\"/><span>Jamie McCarthy</span></p><h2>The investment thesis</h2><p>As a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79878ff126c58641fbbd5a5aa3c0b334\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/><span>Source: Dataroma.com</span></p><p>The surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&D yield that is even better than AAPL.</p><p>However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.</p><p>The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.</p><p>In the remainder of this article, I will further analyze the details of these above considerations in more detail.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df9d37af226f63d9047697f699ffa010\" tg-width=\"640\" tg-height=\"527\" referrerpolicy=\"no-referrer\"/><span>Source: The World Bank</span></p><h2>TSM’s valuation advantage</h2><p>First, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.</p><p>To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let's compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.</p><p>Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&D investments and also superb R&D yield that even surpasses AAPL.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd9101b641f06753dca5fee60c5e18ff\" tg-width=\"640\" tg-height=\"496\" referrerpolicy=\"no-referrer\"/><span>Source: Seeking Alpha data</span></p><h2>TSM’s more consistent and aggressive R&D</h2><p>As detailed in our earlier articles:</p><blockquote><i>We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).</i></blockquote><p>And both TSM and AAPL can sustainably fund their new R&D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&D expenses over the past 10 years as a percentage of their total sales. A few key observations:</p><ul><li>TSM has been investing very consistently in R&D efforts, on average about 8.0% of its total sales.</li><li>AAPL's R&D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it "has nothing to do with how much R&D money” a business put in. Then Cook gradually increased the R&D investments to the current level of around 6.1% since 2018.</li><li>So even at AAPL’s current R&D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&D expenses only fluctuated in a very narrow range over the past 10 years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68ba62925d409c0646d95b62223ef4b9\" tg-width=\"640\" tg-height=\"355\" referrerpolicy=\"no-referrer\"/><span>Source: Author</span></p><p>More impressively, TSM’s yield on the R&D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&D expenses. More specifically, the chart quantifies the R&D yield by taking the ratio between profit and R&D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&D cycle. And the key observations are:</p><ul><li>The R&D yield is also consistent for TSM, with an average of $6.75 since 2014.</li><li>AAPL’s picture is a bit more colorful. Its R&D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.</li><li>To provide a broader view, the FAAMG group features an average R&D yield of ~$2.5 in recent years.</li><li>Thus, both AAPL and TSM boast superb R&D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72e8c1b1427c0babf39d38ec60269d28\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Both enjoy high ROCE too, but AAPL is in its own category</h2><p>To me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:</p><p>Long-Term Growth Rate = ROCE * RR</p><p>The ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.</p><p>In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.</p><p>So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98b3ddd710705df7ba8e09cb93f9b81a\" tg-width=\"640\" tg-height=\"334\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Risks and final thought</h2><p>But to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.</p><p>And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.</p><p><i>This article is written by Envision Research for reference only. Please note the risks.</i></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>Apple And Taiwan Semiconductor: Let's Ask Buffett</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\">\nApple And Taiwan Semiconductor: Let's Ask Buffett\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-22 16:08 GMT+8 <a href=https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","TSM":"台积电"},"source_url":"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285386886","content_text":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.The choice is even more puzzling when viewed under the context of his largest holding, Apple.There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.Jamie McCarthyThe investment thesisAs a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.Source: Dataroma.comThe surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&D yield that is even better than AAPL.However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.In the remainder of this article, I will further analyze the details of these above considerations in more detail.Source: The World BankTSM’s valuation advantageFirst, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let's compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&D investments and also superb R&D yield that even surpasses AAPL.Source: Seeking Alpha dataTSM’s more consistent and aggressive R&DAs detailed in our earlier articles:We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).And both TSM and AAPL can sustainably fund their new R&D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&D expenses over the past 10 years as a percentage of their total sales. A few key observations:TSM has been investing very consistently in R&D efforts, on average about 8.0% of its total sales.AAPL's R&D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it \"has nothing to do with how much R&D money” a business put in. Then Cook gradually increased the R&D investments to the current level of around 6.1% since 2018.So even at AAPL’s current R&D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&D expenses only fluctuated in a very narrow range over the past 10 years.Source: AuthorMore impressively, TSM’s yield on the R&D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&D expenses. More specifically, the chart quantifies the R&D yield by taking the ratio between profit and R&D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&D cycle. And the key observations are:The R&D yield is also consistent for TSM, with an average of $6.75 since 2014.AAPL’s picture is a bit more colorful. Its R&D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.To provide a broader view, the FAAMG group features an average R&D yield of ~$2.5 in recent years.Thus, both AAPL and TSM boast superb R&D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.Source: Author based on Seeking Alpha dataBoth enjoy high ROCE too, but AAPL is in its own categoryTo me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:Long-Term Growth Rate = ROCE * RRThe ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).Source: Author based on Seeking Alpha dataRisks and final thoughtBut to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.This article is written by Envision Research for reference only. Please note the risks.","news_type":1,"symbols_score_info":{"TSM":0.9,"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":2678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969756368,"gmtCreate":1668531818555,"gmtModify":1676538071702,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"Buy buy buy ","listText":"Buy buy buy ","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9969756368","isVote":1,"tweetType":1,"viewCount":2353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960189169,"gmtCreate":1668094689552,"gmtModify":1676538012256,"author":{"id":"3559041682881081","authorId":"3559041682881081","name":"HuHuat","avatar":"https://static.itradeup.com/news/638b50a8fc8f009f30ff70a14bdfd8ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559041682881081","idStr":"3559041682881081"},"themes":[],"htmlText":"Buy buy buy ","listText":"Buy buy buy ","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960189169","repostId":"1157701472","repostType":2,"repost":{"id":"1157701472","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1668091863,"share":"https://ttm.financial/m/news/1157701472?lang=&edition=fundamental","pubTime":"2022-11-10 22:51","market":"us","language":"en","title":"Major Semiconductor Stocks Cheered up in Morning Trading; AMD and Nvidia Soared Over 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1157701472","media":"Tiger Newspress","summary":"Major semiconductor stocks cheered up in morning trading; AMD and NVIDIA Corp soared over 7%.","content":"<html><head></head><body><p>Major semiconductor stocks cheered up in morning trading; <a href=\"https://laohu8.com/S/AMD\">AMD</a> and <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> soared over 7%.<img src=\"https://static.tigerbbs.com/04a611b1fca7b678c9954544e1055d16\" tg-width=\"265\" tg-height=\"395\" width=\"100%\" height=\"auto\"/></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>Major Semiconductor Stocks Cheered up in Morning Trading; AMD and Nvidia Soared Over 7%</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\">\nMajor Semiconductor Stocks Cheered up in Morning Trading; AMD and Nvidia Soared Over 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-10 22:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Major semiconductor stocks cheered up in morning trading; <a href=\"https://laohu8.com/S/AMD\">AMD</a> and <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> soared over 7%.<img src=\"https://static.tigerbbs.com/04a611b1fca7b678c9954544e1055d16\" tg-width=\"265\" tg-height=\"395\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157701472","content_text":"Major semiconductor stocks cheered up in morning trading; AMD and NVIDIA Corp soared over 7%.","news_type":1,"symbols_score_info":{"AMD":0.9,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":1991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}