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2022-02-06

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These U.S. lawmakers rank as the biggest traders of hot stocks like Apple, Tesla and GameStop

2022-02-05

Just because the price is low, it doesn't mean it is good to buy meta. Depends if you think it is a growth company

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2022-02-02

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2022-02-02

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2022-05-08

Nice

Tesla: Overvalued By 85.26% And Not A Technology Company

2022-02-06

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2022-05-08

$Apple(AAPL)$free

2022-02-06

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2022-02-06

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Airbnb: 67% Growth, 49% Margins, 8% Of Market Cap Is Cash

2022-02-06

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These 3 Stocks Could 10x Your Money by 2035

2022-02-05

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days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.30","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>free","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>free","text":"$Apple(AAPL)$free","images":[{"img":"https://community-static.tradeup.com/news/11898ebe6f8985b1917b3fc011876d8d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062999791","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9062999927,"gmtCreate":1651983410269,"gmtModify":1676535008973,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062999927","repostId":"1131831539","repostType":4,"repost":{"id":"1131831539","kind":"news","pubTimestamp":1651980653,"share":"https://ttm.financial/m/news/1131831539?lang=&edition=fundamental","pubTime":"2022-05-08 11:30","market":"us","language":"en","title":"Tesla: Overvalued By 85.26% And Not A Technology Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1131831539","media":"Seeking Alpha","summary":"SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successfu","content":"<html><head></head><body><p>Summary</p><ul><li>Make no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.</li><li>Just because Tesla is a successful company that is causing automotive titans to change from combustible engines to EVs doesn&#39;t mean Tesla&#39;s stock is a good investment today.</li><li>100% of gross profit and net income is generated from the automotive sector as Tesla&#39;s other businesses lose money, making them an automobile manufacturing company, not a technology company.</li><li>I compared Tesla&#39;s metrics to the auto industry and big tech and the results are the same, Tesla&#39;s valuation is egregious.</li></ul><p>It&#39;s rare to find companies that have cult-like followings with loyalists willing to pay any price for its stock. The debate regarding Tesla, Inc.&#39;s (NASDAQ:TSLA) valuation continues to be a topic of conversation between the bulls and the bears. Oneside argues that TSLA&#39;s financial growth and future prospects, including FSD, insurance, and robotaxis, justify the current $902.12 billion valuations, while others argue that the current financials and cult-like following have led to a massive overvaluation in TSLA&#39;s stock.</p><p>I tip my hat to Elon Musk, as his accomplishments are second to none. When others called him crazy, Mr. Musk chose one of the hardest industries to compete in, started TSLA from the ground up, went to battle against the auto manufacturers, and succeeded. TSLA is one of the rare success stories that has truly shaped an industry, and the barriers of entry that were overcome are astonishing. TSLA didn&#39;t have the capital, manufacturing, credibility, or the infrastructure that its competitors did, yet they found a way to succeed. If the odds weren&#39;t enough which TSLA faced, they accomplished their goals without a combustible engine and pioneered an entirely new sector within the automotive industry.</p><p>Just because TSLA is a great company, it doesn&#39;t mean TSLA has a great stock, or it isn&#39;t overvalued. I am not bearish on TSLA the company because I believe they still have a long runway of growth ahead of them, but I am bearish on the valuation. Prior to leaving a comment on why I am wrong, please read the article and think about the metrics I am citing; then, I will happily discuss any viewpoints about the analysis.</p><p><b>Tesla Vs. The World In The Automotive Sector</b></p><p>It feels like TSLA vs. the world whenever TSLA is discussed. Discussing who makes a better automobile is a matter of opinion, and everyone is correct because it&#39;s their opinion. If person A thinks TSLA makes the best car and person B thinks Mercedes Benz makes the best car, they are both correct. Debating over this is pointless, so let&#39;s look at the raw numbers.</p><p>TSLA has a larger market cap than the combination ofToyota(TM),Volkswagen(OTCPK:VWAGY),Daimler(OTCPK:DDAIF),BMW(OTCPK:BMWYY),General Motors(GM),Ford(F),Honda(HMC),Ferrari(RACE),Nissan(OTCPK:NSANY),Subaru(OTCPK:FUJHY),Volvo(OTCPK:VOLAF), andMazda(OTCPK:MZDAY). TSLA&#39;s market cap is currently $986.92 billion, while the combination of these 12 companies is $777.41 billion.</p><p><img src=\"https://static.tigerbbs.com/ff930d2442bf282c1bd880cca408eb94\" tg-width=\"640\" tg-height=\"327\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo</p><p>The P/S ratio is often cited to justify the valuation. The combination of TM, VWAGY, DDAIF, BMWYY, GM, F, HMC, RACE, NSANY, FUJHY, VOLAF, and MZDAY has generated $1.38 trillion in revenue over the TTM, putting their P/S at 0.56, while TSLA has generated $62.19 billion in revenue and has a 15.87 P/S.</p><p><img src=\"https://static.tigerbbs.com/c9b9661fde232925a758c38fd2e93f36\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>As a combined entity, these 12 companies have generated $118.29 billion in net income, while TSLA has produced $8.4 billion.</p><p><img src=\"https://static.tigerbbs.com/d25806eb839eb9ca2b4ef3c24218048c\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>TSLA is a great company, but its current valuation has become overly inflated. TSLA&#39;s market cap is $209.52 billion larger than these 12 auto manufacturers, yet the combination of the 12 auto manufacturers generates $1.32 trillion more in revenue and $109.89 billion more in net income.</p><p><img src=\"https://static.tigerbbs.com/a1b686de4009ca733ff9651ce0d9fcaf\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Looking at the market caps, one would assume that TSLA has a dominant majority over its competitors in auto sales within the U.S. According to the2021 data, TSLA sold 2.02% of all vehicles in the U.S. TSLA&#39;s market cap reflects a level of dominance that is non-existent.</p><p>Realistically, TSLA will have a hard time disrupting the sector further due to the price point of their vehicles. The reality is that, unless TSLA can sell a car that rivals a Honda or Toyota, doubling its market share is going to be a daunting task. It&#39;s just math. TSLA doesn&#39;t have a product for the masses, and while it may continue to grow in the luxury segment, the amount of growth that can be achieved is limited due to the pricing power of the consumer.</p><p><img src=\"https://static.tigerbbs.com/442ffe151dd83bc524785857925f9797\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"/></p><p>www.goodcarbadcar.net</p><p><b>Tesla Isn&#39;t A Technology Company And Shouldn&#39;t Be Valued As One</b></p><p>The valuation rebuttal has always been that TSLA isn&#39;t an automobile company, rather, it&#39;s a technology company.</p><p><img src=\"https://static.tigerbbs.com/bbc9ccb2cb8a0e7d40804db24e183214\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p>Page 23 ofTSLA&#39;s Q1 2022 slide deck from their earnings call is their statement of operations. Once again, 100% of TSLA&#39;s gross profit and net income are derived from automobiles. Energy generation and storage lose money as it generates $616 million in revenue while the cost of this revenue is $688 million. The same goes for Services and others, as this segment generates $1.279 billion in revenue while the cost of this revenue is $1.286 billion. This doesn&#39;t even factor in operating expenses.</p><p>TSLA manufacturers state of the art automobiles, but this doesn&#39;t classify them as a technology company, nor should they be classified as one. Since this is always the rebuttal and technology companies trade at larger earnings multiples, I will compare TSLA to Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG) (GOOGL), and Meta Platforms (FB) and illustrate why TSLA is still drastically overvalued if the market was still to provide it with a tech multiple.</p><p>Prior to the comparisons, I want to frame the analysis by providing each company&#39;s market cap:</p><ul><li>AAPL $2.69 Trillion</li><li>MSFT $2.17 Trillion</li><li>GOOGL $1.62 Trillion</li><li>AMZN $1.28 Trillion</li><li>TSLA $986.92 Billion</li><li>FB $604.62 Billion</li></ul><p>I am going to start with growth because this is always the key metric bulls point out. Since the close of 2018, which is 3.25 fiscal years, TSLA has grown its revenue from $21.46 billion to $62.19 billion.</p><p>This is absolutely remarkable, but it doesn&#39;t place TSLA in the upper epsilon of technology companies. Over the same period, FB grew its revenue by $63.83 billion, which is more than what TSLA produced in the TTM. FB grew its revenue by more than what TSLA produces and generates just about double the revenue ($119.67 billion), yet TSLA has a larger market cap. For everyone who has used growth as their investment premise, FB having a market cap that&#39;s $382.30 less than TSLA nullifies that aspect of the bull thesis. AMZN&#39;s market cap is only $294.33 billion larger than TSLA, yet they generated $477.75 billion in revenue and grew their revenue by $341.76 billion in this period. Using revenue growth for TSLA doesn&#39;t support the valuation.</p><p><img src=\"https://static.tigerbbs.com/3c0fbd4eb93f026c4575ee8f77f53e4b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Next, I will turn to profits because, at the end of the day, businesses are in the business of making money. Once again, TSLA has done a fantastic job of monetizing its business and, in 3.25 short years, has gone from losing -$976 million to make $8.4 billion in the TTM for an increase of $9.38 billion. FB has produced $37.34 billion in profit in the TTM, and its net income grew by $15.23 billion over this period. Using growth doesn&#39;t support the valuation when FB has a market cap that&#39;s $382.30 less than TSLA and grew its profits in this period by almost double what TSLA has generated in the TTM.</p><p><img src=\"https://static.tigerbbs.com/c9716477607711ee0b6d4f77eb24c890\" tg-width=\"640\" tg-height=\"382\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>The new metric bulls are using in their thesis is TSLA&#39;s free cash flow (FCF). Once again, TSLA has done an excellent job, going from -$221 million of FCF in 2018 to $6.93 billion of FCF in the TTM. Many companies would love to grow their annual FCF by $7.15 billion over a 3.25-year period, and this should be applauded.</p><p>Let&#39;s look at FB once again, since TSLA&#39;s valuation isn&#39;t based on its core segment as an automobile manufacturer. FB has grown its FCF over the previous 3.25 years by $23.45 billion, more than 3x TSLA&#39;s growth, and has generated $39.81 billion of FCF in the TTM. FB generated roughly 5.75x more FCF than TSLA and grew its FCF by more than 3x what TSLA produces, yet FB has a market cap that&#39;s almost $400 billion less than TSLA. Growth within the financials does not support TSLA&#39;s valuation, which is a breath away from $1 trillion.</p><p><img src=\"https://static.tigerbbs.com/902a7074eda9e8f2f2765e0833423d2c\" tg-width=\"640\" tg-height=\"373\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Today you&#39;re paying a 113.81 P/E for TSLA. Paying a larger multiple for a company that&#39;s growing its earnings quickly is normal, but TSLA isn&#39;t growing by larger amounts than FB, and FB trades at a 16.66 P/E. I have seen TSLA bulls justify the P/E because of TSLA&#39;s growth factor, but this doesn&#39;t hold up when FB has grown by larger amounts from larger starting positions and has a P/E that&#39;s a fraction of TSLA. Look at AAPL, which is the largest company in the world. AAPL has grown its net income by $56.25 billion and its FCF by $52.3 billion over the past 3.25 years, and its P/E is 26.78. People are blindly paying any multiple the market places on TSLA.</p><p><img src=\"https://static.tigerbbs.com/75168f6e39ced721cf0c53d78481a983\" tg-width=\"614\" tg-height=\"335\" referrerpolicy=\"no-referrer\"/>TSLA is trading at a 15.38 P/S. The justification for this multiple is difficult to defend while AMZN trades at a P/S of 11.31. AMZN&#39;s revenue grew by $341.76 billion over the past 3.25 years while TSLA grew their revenue by $40.73 billion. Instead of an absolute basis, looking at this from a percentage aspect, TSLA grew its revenue by 189.78%, while AMZN&#39;s grew by 251.32%. The P/S ratio is not a supporting valuation metric as TSLA is trading at a larger multiple than AMZN yet produced $301.03 billion less in revenue growth compared to AMZN. At the very least, TSLA should trade at a lower P/S multiple than AMZN considering their revenue growth was a fraction of AMZN&#39;s.</p><p><img src=\"https://static.tigerbbs.com/aad00a6c490808962705a1a2dae45cfe\" tg-width=\"608\" tg-height=\"338\" referrerpolicy=\"no-referrer\"/>TSLA has done an excellent job monetizing its revenue, delivering exceptional margins, and generating FCF. Now that TSLA is generating billions in FCF, it&#39;s been inserted into the bull thesis. FCF is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet. FCF could be the most underrated and most important financial metric to look at, as this is the pool of capital that companies can utilize to repay debt, pay dividends, buy back shares, make acquisitions, or reinvest in the business.</p><p>Every investment is the present value of all future cash flow. This is why investors look at the price to FCF valuation. Investors want to pay the cheapest multiple for a company&#39;s FCF. Today, you&#39;re paying 142.52x TSLA&#39;s FCF. Going back to the FCF section, TSLA grew its FCF by $7.15 billion over the past 3.25 years. FB generated $23.45 billion of FCF in this period, which is 3x the amount TSLA grew, yet FB is trading at a 15.19x multiple on price to FCF.</p><p>Why on earth would you want to pay 142.52x for TSLA&#39;s FCF when you could pay 15.19x for FB, which is growing their FCF by more than 3x the amount that TSLA is growing by? How about AAPL? AAPL grew its FCF by $52.3 billion and trades at a 25.4x price to FCF. If I exclude FB for a moment, should TSLA trade at a larger FCF multiple than GOOGL, which has grown its FCF by $46.15 billion over the past 3.25 years? My answer is no because there is no guarantee that TSLA will ever generate $46.15 billion in annual FCF, let alone the $68.99 billion in FCF that GOOGL generates.</p><p>So what is a fair price to FCF multiple for TSLA? I don&#39;t believe TSLA has earned the right to trade at the same multiples as the rest of big tech considering the levels of FCF they produce. If I stick with the methodology that FB is egregiously undervalued, then TSLA should trade above 15.19x its FCF but lower than the 23.42x multiple GOOGL trades at.</p><p>I don&#39;t want to be overly bearish, so I will place a 21x multiple on TSLA&#39;s FCF, which is more than fair considering big tech metrics. A 21x multiple on TSLA&#39;s FCF puts its market cap at $145.43 billion, which is -85.26% from its current market cap of $986.92 billion. It&#39;s just math, and if TSLA is going to be valued as a technology company, it needs to be compared to the technology companies with similar market caps.</p><p>At the very least, there isn&#39;t a single reason why TSLA&#39;s market cap is larger than FB&#39;s. There isn&#39;t a single metric that TSLA beats FB in. Based on FB&#39;s valuation, if TSLA traded at the same FCF multiple, it would have a market cap of $105.19 billion.</p><p><img src=\"https://static.tigerbbs.com/b81a61d60d9ec098276569cc4a501da0\" tg-width=\"627\" tg-height=\"341\" referrerpolicy=\"no-referrer\"/>TSLA has a gross profit margin of 27.1% ($16.85b / $62.19b) and a profit margin of 13.51% ($8.4b / $62.19b). FB has a gross profit margin of 80.34% ($96.14b / $119.67b) and a profit margin of 31.2% ($37.34b / $119.67b). FB has much wider margins and is growing its revenue by larger amounts. This reinforces my methodology as to why TSLA is grossly overvalued. GOOGL has a gross profit margin of 56.93% ($153.9b / $270.33b) and a profit margin of 27.57% ($74.54b / $270.33b).</p><p>The chances are incredibly slim that TSLA can double its profit margin to be within striking distance of GOOGL&#39;s. TSLA should not trade at a larger FCF, P/E, or P/S multiple than FB or GOOGL. While the market would indicate that I am wrong today, eventually, the hype will wear off, and TSLA will trade at a realistic valuation.</p><p><b>TSLA&#39;s Future Catalysts Have A Long Way To Go Before Impacting Its Bottom Line</b></p><p>There are three main catalysts people discuss, which include insurance, robotaxis, and FSD.TSLA offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X, and Model Y owners. The catch is that it&#39;s only available in Arizona, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia as of now.</p><p>TSLA uses a safety rating score to determine the monthly premium for its vehicles. At the largest premium of $130/mo, this would be $1,560 per year. If TSLA converted 100% of their U.S sales in 2021 as an insurance customer, which I think could be possible if TSLA insurance was available in every state, it would have generated $471.12 million in revenue.</p><p>We have no idea what the margins would have been, but if the margin was 50%, it would have been an additional $235.56 million in net income in 2021. While this is nothing to sneeze at, an additional $235.56 million in net income hardly moves the needle. This could be a $1 billion top-line revenue segment in the future, but with availability in only 7 states, insurance&#39;s $1 billion revenue mark is a long way away.</p><p><img src=\"https://static.tigerbbs.com/e86de6232b9abf7cee46a9607eb09741\" tg-width=\"640\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p>Next,FSD, for which TSLA has created two subscription models, a $99/mo price point and a $199/mo price point. The problem with FSD is that it doesn&#39;t make the vehicle fully autonomous, and you still need a driver to be attentive and alert. While I am not arguing that TSLA&#39;s FSD isn&#39;t leaps and bounds ahead of the competition, the problem is that it&#39;s not exactly a self-driving car.</p><p>The questions around legality and where you can use it pop into my head, and how many of TSLA&#39;s drivers opt for this upgrade. Until there is clear legislation and the technology advances to where vehicles can fully drive a person from point A to B while that person takes a nap or reads, I have a hard time believing enough TSLA owners will spend the extra $199/mo on FSD. If there is somewhere where TSLA produces the numbers about how many owners opt for this package, please let me know, and I will crunch the numbers.</p><p>Which Features Come With My Subscription?</p><blockquote>The FSD capability features you receive are based on your configuration and location. Not all features are available in all markets, and features are subject to change.Learn more about Autopilot and Full Self-Driving capability features.</blockquote><blockquote><i>Note: These features are designed to become more capable over time; however the currently enabled features do not make the vehicle autonomous. The currently enabled features require a fully attentive driver, who has their hands on the wheel and is prepared to take over at any moment.</i></blockquote><p>The last catalyst is Robotaxis which many have commented on in my articles before. We&#39;re so far off on Robotaxis that this can&#39;t be considered in TSLA&#39;s upcoming revenue. I would think major legislation would be needed for Robotaxis to exist, and there is no telling how many years away we are from this.</p><p>Also, what is the percentage of TSLA owners that would actually allow their vehicle to be used as a Robotaxi? Depending on what the profitability is, I can see people buying TSLAs to enroll them in this program, but, once again, we need to see the economics behind it. I know I am just one opinion, but I would never enroll one of my cars into a robotaxi program because I don&#39;t want other people that I don&#39;t know in my car. I would think there are many others that have similar viewpoints.</p><p>The real upcoming catalysts are future revenue growth and entering the Chinese market. In 2021 TSLA grew its YoY revenue by 70.67%, and their off to a great start after Q1 2022. Only time will tell what type of growth rate TSLA can maintain, but too many people are assuming that TSLA will obliterate the competition. Over the next several years, we could see TSLA&#39;s growth rate become significantly reduced as more luxury operators put EVs on the road.</p><p>At TSLA&#39;s current margins, they would need to increase their revenue by 444.55% to $276.47 billion to produce the same amount of net income ($37.34b) that FB produces today at their current 13.51% profit margin. Maybe TSLA can get there in the future, but why should TSLA be valued at almost $1 trillion today, considering not a single metric of theirs is similar to FB or GOOGL, and TSLA&#39;s growth across any of the sectors isn&#39;t larger than FB or GOOGL?</p><p><b>Tesla Continues To Dilute Shareholders, And Almost No Shareholders Care</b></p><p>Dilution kills shareholder value. Look, I am a shareholder of TSLA, and I hate that my shares continue to be diluted. These numbers are split-adjusted that I am using. Over the past decade,TSLA has diluted its shares by 80.93%. This is horrible compared to big tech, yet investors can&#39;t buy enough TSLA shares. TSLA finished 2012 with 572.6 million shares and, as of its last filing, had increased its outstanding shares to 1.036 billion shares.</p><p>This is the equivalent of me taking a pizza, and instead of giving you a slice, cutting another 6.5 slices, then giving you one. The pizza represents TSLA, the company, and they basically turned an 8-slice pie into a 14.5-slice pie, reducing shareholder&#39;s ownership and the amount of equity, revenue, and EPS our shares represent.</p><p>If you want to see what a true shepherd of shareholder value looks like, turn to AAPL. In 2012 AAPL had 26.3 billion shares outstanding. Over the past decade, AAPL has repurchased 10.09 billion shares, reducing its outstanding shares by 38.37%. Every quarter, AAPL is buying back shares and increasing the ownership its shares represent. TSLA, on the other hand, continues to dilute shareholders by increasing shares YOY.</p><p><b>I Could Be Completely Wrong, And Tesla Could Continue Growing At These Rates</b></p><p>TSLA&#39;s vehicle deliveries continue to outpace its growing production. YoY TSLA&#39;s deliveries increased by 68% in Q1, adding 125,171 delivered vehicles to its customers. TSLA just began Model Y deliveries from the Austin facility, and production at the Gigafactory in Berlin started in March of 2022. TSLA&#39;s Shanghai facility had strong production rates prior to the spike in COVID that resulted in temporary shutdowns. TSLA isn&#39;t just focusing on the U.S, they have Europe and China in their sights.</p><p>EVs accounted for 488,000 sales in the U.S for 2021, and the previous projection was that EVs would account for 670,000 units sold in 2022. Oil has hovered around $100 per barrel and could render the previous projections of 37% increased EV sales domestically for 2022 conservative. TSLA is in a prime position to capitalize on this trend. In 2021 TSLA vehicles accounted for 61.89% of EVs sold in the U.S (301,998 / 488,000).</p><p>Hypothetically, if the previous projection of 670,000 EV sales for 2022 is accurate and TSLA maintains its current margin, they would sell 414,628 vehicles throughout the U.S in 2022. If gas prices do alter the decision-making process when deciding between a combustible engine or an EV, then TSLA could continue surprising the market with QoQ earnings beats.</p><p>The U.S has a national goal of reaching 50% of domestic auto sales coming from EVs. In 2021, EVs accounted for 3.26% of total sales in the U.S auto market. Based on U.S auto sales in 2021, annual EV sales would need to grow by 6,989,403 to reach a 50% EV to combustible engine ratio. Hypothetically if U.S auto sales stayed flat but EVs reached 50% of the market in 2030 they would sell 7,477,403 vehicles. If TSLA&#39;s dominance in the EV sector was to drop from 61.89% to 15% due to increased competition, they would generate 1,121,610 in sales compared to 301,998 in 2021. When you add in Europe and China, TSLA certainly has the ability to become a top auto manufacturer by sales next decade.</p><p>Bulls aren&#39;t incorrect to be excited about TSLA. The world is moving toward EVs, and TSLA is the crème de la crème. As I said in the beginning, I am bullish about TSLA&#39;s future prospects, but I think the valuation today is overinflated. Nobody can predict the future, but I have no doubt that TSLA will continue to grow its sales YoY.</p><p>The question becomes, how much growth will they be able to achieve YoY? In 2021, TM generated $226.48 billion of revenue and, based on the future of EVs, TSLA certainly could achieve this level of revenue in the future. Based on TSLA&#39;s current 13.51% profit margin, if they achieved TM&#39;s level of revenue, they would generate $30.59 billion of net income, which would definitely make today&#39;s valuation look more realistic.</p><p><img src=\"https://static.tigerbbs.com/93c9176fa9bebc2c940e038cafd23229\" tg-width=\"603\" tg-height=\"631\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p><b>Conclusion</b></p><p>You&#39;re probably wondering how I can be a shareholder and be a bear on TSLA&#39;s valuation at the same time. It&#39;s simple; my wife bought shares of TSLA, which makes me a shareholder. My stance has always been bullish on the company and bearish on the valuation. What Elon Musk and the team at TSLA has accomplished is astonishing, and they deserve nothing but respect.</p><p>Keep in mind a company and a company&#39;s stock are two separate things. TSLA continues to dilute shareholders, and they and the market are valuing TSLA as if it&#39;s FB or GOOGL. TSLA is not a technology company; it&#39;s an automobile company, as the automotive segments drive 100% of its gross revenue and net income.</p><p>TSLA is trading at a P/E of 113.81, a P/S of 15.38, and a 142.52x multiple on its FCF. The numbers are drastically inflated as TSLA has no business trading at a larger P/S multiple than AMZN, which trades at 11.31 P/S when it has grown its revenue by $341.76 billion over the previous 3.25 years compared to TSLA&#39;s $40.73 billion of revenue growth. TSLA has generated $6.93 billion in FCF over the TTM, while Mr. Market has placed a 142.52x multiple on TSLA due to $7.15 billion FCF growth over the past 3.25 years. FB trades at a 15.19x FCF multiple while growing FCF by $23.45 billion over this period which is more than 3x what TSLA has generated in the TTM.</p><p>With FB trading at 15.19x FCF, GOOGL at 23.42x FCF, and AAPL at 25.4x FCF, it&#39;s hard to justify any number above 20x for TSLA. I think a 21x FCF multiple is generous and that places TSLA at a market cap of $145.43 billion, which is -85.26% from its current market cap of $986.92 billion.</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>Tesla: Overvalued By 85.26% And Not A Technology Company</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\">\nTesla: Overvalued By 85.26% And Not A Technology Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-08 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131831539","content_text":"SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successful company that is causing automotive titans to change from combustible engines to EVs doesn't mean Tesla's stock is a good investment today.100% of gross profit and net income is generated from the automotive sector as Tesla's other businesses lose money, making them an automobile manufacturing company, not a technology company.I compared Tesla's metrics to the auto industry and big tech and the results are the same, Tesla's valuation is egregious.It's rare to find companies that have cult-like followings with loyalists willing to pay any price for its stock. The debate regarding Tesla, Inc.'s (NASDAQ:TSLA) valuation continues to be a topic of conversation between the bulls and the bears. Oneside argues that TSLA's financial growth and future prospects, including FSD, insurance, and robotaxis, justify the current $902.12 billion valuations, while others argue that the current financials and cult-like following have led to a massive overvaluation in TSLA's stock.I tip my hat to Elon Musk, as his accomplishments are second to none. When others called him crazy, Mr. Musk chose one of the hardest industries to compete in, started TSLA from the ground up, went to battle against the auto manufacturers, and succeeded. TSLA is one of the rare success stories that has truly shaped an industry, and the barriers of entry that were overcome are astonishing. TSLA didn't have the capital, manufacturing, credibility, or the infrastructure that its competitors did, yet they found a way to succeed. If the odds weren't enough which TSLA faced, they accomplished their goals without a combustible engine and pioneered an entirely new sector within the automotive industry.Just because TSLA is a great company, it doesn't mean TSLA has a great stock, or it isn't overvalued. I am not bearish on TSLA the company because I believe they still have a long runway of growth ahead of them, but I am bearish on the valuation. Prior to leaving a comment on why I am wrong, please read the article and think about the metrics I am citing; then, I will happily discuss any viewpoints about the analysis.Tesla Vs. The World In The Automotive SectorIt feels like TSLA vs. the world whenever TSLA is discussed. Discussing who makes a better automobile is a matter of opinion, and everyone is correct because it's their opinion. If person A thinks TSLA makes the best car and person B thinks Mercedes Benz makes the best car, they are both correct. Debating over this is pointless, so let's look at the raw numbers.TSLA has a larger market cap than the combination ofToyota(TM),Volkswagen(OTCPK:VWAGY),Daimler(OTCPK:DDAIF),BMW(OTCPK:BMWYY),General Motors(GM),Ford(F),Honda(HMC),Ferrari(RACE),Nissan(OTCPK:NSANY),Subaru(OTCPK:FUJHY),Volvo(OTCPK:VOLAF), andMazda(OTCPK:MZDAY). TSLA's market cap is currently $986.92 billion, while the combination of these 12 companies is $777.41 billion.Steven FiorilloThe P/S ratio is often cited to justify the valuation. The combination of TM, VWAGY, DDAIF, BMWYY, GM, F, HMC, RACE, NSANY, FUJHY, VOLAF, and MZDAY has generated $1.38 trillion in revenue over the TTM, putting their P/S at 0.56, while TSLA has generated $62.19 billion in revenue and has a 15.87 P/S.Steven Fiorillo, Seeking AlphaAs a combined entity, these 12 companies have generated $118.29 billion in net income, while TSLA has produced $8.4 billion.Steven Fiorillo, Seeking AlphaTSLA is a great company, but its current valuation has become overly inflated. TSLA's market cap is $209.52 billion larger than these 12 auto manufacturers, yet the combination of the 12 auto manufacturers generates $1.32 trillion more in revenue and $109.89 billion more in net income.Steven Fiorillo, Seeking AlphaLooking at the market caps, one would assume that TSLA has a dominant majority over its competitors in auto sales within the U.S. According to the2021 data, TSLA sold 2.02% of all vehicles in the U.S. TSLA's market cap reflects a level of dominance that is non-existent.Realistically, TSLA will have a hard time disrupting the sector further due to the price point of their vehicles. The reality is that, unless TSLA can sell a car that rivals a Honda or Toyota, doubling its market share is going to be a daunting task. It's just math. TSLA doesn't have a product for the masses, and while it may continue to grow in the luxury segment, the amount of growth that can be achieved is limited due to the pricing power of the consumer.www.goodcarbadcar.netTesla Isn't A Technology Company And Shouldn't Be Valued As OneThe valuation rebuttal has always been that TSLA isn't an automobile company, rather, it's a technology company.TeslaPage 23 ofTSLA's Q1 2022 slide deck from their earnings call is their statement of operations. Once again, 100% of TSLA's gross profit and net income are derived from automobiles. Energy generation and storage lose money as it generates $616 million in revenue while the cost of this revenue is $688 million. The same goes for Services and others, as this segment generates $1.279 billion in revenue while the cost of this revenue is $1.286 billion. This doesn't even factor in operating expenses.TSLA manufacturers state of the art automobiles, but this doesn't classify them as a technology company, nor should they be classified as one. Since this is always the rebuttal and technology companies trade at larger earnings multiples, I will compare TSLA to Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG) (GOOGL), and Meta Platforms (FB) and illustrate why TSLA is still drastically overvalued if the market was still to provide it with a tech multiple.Prior to the comparisons, I want to frame the analysis by providing each company's market cap:AAPL $2.69 TrillionMSFT $2.17 TrillionGOOGL $1.62 TrillionAMZN $1.28 TrillionTSLA $986.92 BillionFB $604.62 BillionI am going to start with growth because this is always the key metric bulls point out. Since the close of 2018, which is 3.25 fiscal years, TSLA has grown its revenue from $21.46 billion to $62.19 billion.This is absolutely remarkable, but it doesn't place TSLA in the upper epsilon of technology companies. Over the same period, FB grew its revenue by $63.83 billion, which is more than what TSLA produced in the TTM. FB grew its revenue by more than what TSLA produces and generates just about double the revenue ($119.67 billion), yet TSLA has a larger market cap. For everyone who has used growth as their investment premise, FB having a market cap that's $382.30 less than TSLA nullifies that aspect of the bull thesis. AMZN's market cap is only $294.33 billion larger than TSLA, yet they generated $477.75 billion in revenue and grew their revenue by $341.76 billion in this period. Using revenue growth for TSLA doesn't support the valuation.Steven Fiorillo, Seeking AlphaNext, I will turn to profits because, at the end of the day, businesses are in the business of making money. Once again, TSLA has done a fantastic job of monetizing its business and, in 3.25 short years, has gone from losing -$976 million to make $8.4 billion in the TTM for an increase of $9.38 billion. FB has produced $37.34 billion in profit in the TTM, and its net income grew by $15.23 billion over this period. Using growth doesn't support the valuation when FB has a market cap that's $382.30 less than TSLA and grew its profits in this period by almost double what TSLA has generated in the TTM.Steven Fiorillo, Seeking AlphaThe new metric bulls are using in their thesis is TSLA's free cash flow (FCF). Once again, TSLA has done an excellent job, going from -$221 million of FCF in 2018 to $6.93 billion of FCF in the TTM. Many companies would love to grow their annual FCF by $7.15 billion over a 3.25-year period, and this should be applauded.Let's look at FB once again, since TSLA's valuation isn't based on its core segment as an automobile manufacturer. FB has grown its FCF over the previous 3.25 years by $23.45 billion, more than 3x TSLA's growth, and has generated $39.81 billion of FCF in the TTM. FB generated roughly 5.75x more FCF than TSLA and grew its FCF by more than 3x what TSLA produces, yet FB has a market cap that's almost $400 billion less than TSLA. Growth within the financials does not support TSLA's valuation, which is a breath away from $1 trillion.Steven Fiorillo, Seeking AlphaToday you're paying a 113.81 P/E for TSLA. Paying a larger multiple for a company that's growing its earnings quickly is normal, but TSLA isn't growing by larger amounts than FB, and FB trades at a 16.66 P/E. I have seen TSLA bulls justify the P/E because of TSLA's growth factor, but this doesn't hold up when FB has grown by larger amounts from larger starting positions and has a P/E that's a fraction of TSLA. Look at AAPL, which is the largest company in the world. AAPL has grown its net income by $56.25 billion and its FCF by $52.3 billion over the past 3.25 years, and its P/E is 26.78. People are blindly paying any multiple the market places on TSLA.TSLA is trading at a 15.38 P/S. The justification for this multiple is difficult to defend while AMZN trades at a P/S of 11.31. AMZN's revenue grew by $341.76 billion over the past 3.25 years while TSLA grew their revenue by $40.73 billion. Instead of an absolute basis, looking at this from a percentage aspect, TSLA grew its revenue by 189.78%, while AMZN's grew by 251.32%. The P/S ratio is not a supporting valuation metric as TSLA is trading at a larger multiple than AMZN yet produced $301.03 billion less in revenue growth compared to AMZN. At the very least, TSLA should trade at a lower P/S multiple than AMZN considering their revenue growth was a fraction of AMZN's.TSLA has done an excellent job monetizing its revenue, delivering exceptional margins, and generating FCF. Now that TSLA is generating billions in FCF, it's been inserted into the bull thesis. FCF is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet. FCF could be the most underrated and most important financial metric to look at, as this is the pool of capital that companies can utilize to repay debt, pay dividends, buy back shares, make acquisitions, or reinvest in the business.Every investment is the present value of all future cash flow. This is why investors look at the price to FCF valuation. Investors want to pay the cheapest multiple for a company's FCF. Today, you're paying 142.52x TSLA's FCF. Going back to the FCF section, TSLA grew its FCF by $7.15 billion over the past 3.25 years. FB generated $23.45 billion of FCF in this period, which is 3x the amount TSLA grew, yet FB is trading at a 15.19x multiple on price to FCF.Why on earth would you want to pay 142.52x for TSLA's FCF when you could pay 15.19x for FB, which is growing their FCF by more than 3x the amount that TSLA is growing by? How about AAPL? AAPL grew its FCF by $52.3 billion and trades at a 25.4x price to FCF. If I exclude FB for a moment, should TSLA trade at a larger FCF multiple than GOOGL, which has grown its FCF by $46.15 billion over the past 3.25 years? My answer is no because there is no guarantee that TSLA will ever generate $46.15 billion in annual FCF, let alone the $68.99 billion in FCF that GOOGL generates.So what is a fair price to FCF multiple for TSLA? I don't believe TSLA has earned the right to trade at the same multiples as the rest of big tech considering the levels of FCF they produce. If I stick with the methodology that FB is egregiously undervalued, then TSLA should trade above 15.19x its FCF but lower than the 23.42x multiple GOOGL trades at.I don't want to be overly bearish, so I will place a 21x multiple on TSLA's FCF, which is more than fair considering big tech metrics. A 21x multiple on TSLA's FCF puts its market cap at $145.43 billion, which is -85.26% from its current market cap of $986.92 billion. It's just math, and if TSLA is going to be valued as a technology company, it needs to be compared to the technology companies with similar market caps.At the very least, there isn't a single reason why TSLA's market cap is larger than FB's. There isn't a single metric that TSLA beats FB in. Based on FB's valuation, if TSLA traded at the same FCF multiple, it would have a market cap of $105.19 billion.TSLA has a gross profit margin of 27.1% ($16.85b / $62.19b) and a profit margin of 13.51% ($8.4b / $62.19b). FB has a gross profit margin of 80.34% ($96.14b / $119.67b) and a profit margin of 31.2% ($37.34b / $119.67b). FB has much wider margins and is growing its revenue by larger amounts. This reinforces my methodology as to why TSLA is grossly overvalued. GOOGL has a gross profit margin of 56.93% ($153.9b / $270.33b) and a profit margin of 27.57% ($74.54b / $270.33b).The chances are incredibly slim that TSLA can double its profit margin to be within striking distance of GOOGL's. TSLA should not trade at a larger FCF, P/E, or P/S multiple than FB or GOOGL. While the market would indicate that I am wrong today, eventually, the hype will wear off, and TSLA will trade at a realistic valuation.TSLA's Future Catalysts Have A Long Way To Go Before Impacting Its Bottom LineThere are three main catalysts people discuss, which include insurance, robotaxis, and FSD.TSLA offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X, and Model Y owners. The catch is that it's only available in Arizona, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia as of now.TSLA uses a safety rating score to determine the monthly premium for its vehicles. At the largest premium of $130/mo, this would be $1,560 per year. If TSLA converted 100% of their U.S sales in 2021 as an insurance customer, which I think could be possible if TSLA insurance was available in every state, it would have generated $471.12 million in revenue.We have no idea what the margins would have been, but if the margin was 50%, it would have been an additional $235.56 million in net income in 2021. While this is nothing to sneeze at, an additional $235.56 million in net income hardly moves the needle. This could be a $1 billion top-line revenue segment in the future, but with availability in only 7 states, insurance's $1 billion revenue mark is a long way away.TeslaNext,FSD, for which TSLA has created two subscription models, a $99/mo price point and a $199/mo price point. The problem with FSD is that it doesn't make the vehicle fully autonomous, and you still need a driver to be attentive and alert. While I am not arguing that TSLA's FSD isn't leaps and bounds ahead of the competition, the problem is that it's not exactly a self-driving car.The questions around legality and where you can use it pop into my head, and how many of TSLA's drivers opt for this upgrade. Until there is clear legislation and the technology advances to where vehicles can fully drive a person from point A to B while that person takes a nap or reads, I have a hard time believing enough TSLA owners will spend the extra $199/mo on FSD. If there is somewhere where TSLA produces the numbers about how many owners opt for this package, please let me know, and I will crunch the numbers.Which Features Come With My Subscription?The FSD capability features you receive are based on your configuration and location. Not all features are available in all markets, and features are subject to change.Learn more about Autopilot and Full Self-Driving capability features.Note: These features are designed to become more capable over time; however the currently enabled features do not make the vehicle autonomous. The currently enabled features require a fully attentive driver, who has their hands on the wheel and is prepared to take over at any moment.The last catalyst is Robotaxis which many have commented on in my articles before. We're so far off on Robotaxis that this can't be considered in TSLA's upcoming revenue. I would think major legislation would be needed for Robotaxis to exist, and there is no telling how many years away we are from this.Also, what is the percentage of TSLA owners that would actually allow their vehicle to be used as a Robotaxi? Depending on what the profitability is, I can see people buying TSLAs to enroll them in this program, but, once again, we need to see the economics behind it. I know I am just one opinion, but I would never enroll one of my cars into a robotaxi program because I don't want other people that I don't know in my car. I would think there are many others that have similar viewpoints.The real upcoming catalysts are future revenue growth and entering the Chinese market. In 2021 TSLA grew its YoY revenue by 70.67%, and their off to a great start after Q1 2022. Only time will tell what type of growth rate TSLA can maintain, but too many people are assuming that TSLA will obliterate the competition. Over the next several years, we could see TSLA's growth rate become significantly reduced as more luxury operators put EVs on the road.At TSLA's current margins, they would need to increase their revenue by 444.55% to $276.47 billion to produce the same amount of net income ($37.34b) that FB produces today at their current 13.51% profit margin. Maybe TSLA can get there in the future, but why should TSLA be valued at almost $1 trillion today, considering not a single metric of theirs is similar to FB or GOOGL, and TSLA's growth across any of the sectors isn't larger than FB or GOOGL?Tesla Continues To Dilute Shareholders, And Almost No Shareholders CareDilution kills shareholder value. Look, I am a shareholder of TSLA, and I hate that my shares continue to be diluted. These numbers are split-adjusted that I am using. Over the past decade,TSLA has diluted its shares by 80.93%. This is horrible compared to big tech, yet investors can't buy enough TSLA shares. TSLA finished 2012 with 572.6 million shares and, as of its last filing, had increased its outstanding shares to 1.036 billion shares.This is the equivalent of me taking a pizza, and instead of giving you a slice, cutting another 6.5 slices, then giving you one. The pizza represents TSLA, the company, and they basically turned an 8-slice pie into a 14.5-slice pie, reducing shareholder's ownership and the amount of equity, revenue, and EPS our shares represent.If you want to see what a true shepherd of shareholder value looks like, turn to AAPL. In 2012 AAPL had 26.3 billion shares outstanding. Over the past decade, AAPL has repurchased 10.09 billion shares, reducing its outstanding shares by 38.37%. Every quarter, AAPL is buying back shares and increasing the ownership its shares represent. TSLA, on the other hand, continues to dilute shareholders by increasing shares YOY.I Could Be Completely Wrong, And Tesla Could Continue Growing At These RatesTSLA's vehicle deliveries continue to outpace its growing production. YoY TSLA's deliveries increased by 68% in Q1, adding 125,171 delivered vehicles to its customers. TSLA just began Model Y deliveries from the Austin facility, and production at the Gigafactory in Berlin started in March of 2022. TSLA's Shanghai facility had strong production rates prior to the spike in COVID that resulted in temporary shutdowns. TSLA isn't just focusing on the U.S, they have Europe and China in their sights.EVs accounted for 488,000 sales in the U.S for 2021, and the previous projection was that EVs would account for 670,000 units sold in 2022. Oil has hovered around $100 per barrel and could render the previous projections of 37% increased EV sales domestically for 2022 conservative. TSLA is in a prime position to capitalize on this trend. In 2021 TSLA vehicles accounted for 61.89% of EVs sold in the U.S (301,998 / 488,000).Hypothetically, if the previous projection of 670,000 EV sales for 2022 is accurate and TSLA maintains its current margin, they would sell 414,628 vehicles throughout the U.S in 2022. If gas prices do alter the decision-making process when deciding between a combustible engine or an EV, then TSLA could continue surprising the market with QoQ earnings beats.The U.S has a national goal of reaching 50% of domestic auto sales coming from EVs. In 2021, EVs accounted for 3.26% of total sales in the U.S auto market. Based on U.S auto sales in 2021, annual EV sales would need to grow by 6,989,403 to reach a 50% EV to combustible engine ratio. Hypothetically if U.S auto sales stayed flat but EVs reached 50% of the market in 2030 they would sell 7,477,403 vehicles. If TSLA's dominance in the EV sector was to drop from 61.89% to 15% due to increased competition, they would generate 1,121,610 in sales compared to 301,998 in 2021. When you add in Europe and China, TSLA certainly has the ability to become a top auto manufacturer by sales next decade.Bulls aren't incorrect to be excited about TSLA. The world is moving toward EVs, and TSLA is the crème de la crème. As I said in the beginning, I am bullish about TSLA's future prospects, but I think the valuation today is overinflated. Nobody can predict the future, but I have no doubt that TSLA will continue to grow its sales YoY.The question becomes, how much growth will they be able to achieve YoY? In 2021, TM generated $226.48 billion of revenue and, based on the future of EVs, TSLA certainly could achieve this level of revenue in the future. Based on TSLA's current 13.51% profit margin, if they achieved TM's level of revenue, they would generate $30.59 billion of net income, which would definitely make today's valuation look more realistic.TeslaConclusionYou're probably wondering how I can be a shareholder and be a bear on TSLA's valuation at the same time. It's simple; my wife bought shares of TSLA, which makes me a shareholder. My stance has always been bullish on the company and bearish on the valuation. What Elon Musk and the team at TSLA has accomplished is astonishing, and they deserve nothing but respect.Keep in mind a company and a company's stock are two separate things. TSLA continues to dilute shareholders, and they and the market are valuing TSLA as if it's FB or GOOGL. TSLA is not a technology company; it's an automobile company, as the automotive segments drive 100% of its gross revenue and net income.TSLA is trading at a P/E of 113.81, a P/S of 15.38, and a 142.52x multiple on its FCF. The numbers are drastically inflated as TSLA has no business trading at a larger P/S multiple than AMZN, which trades at 11.31 P/S when it has grown its revenue by $341.76 billion over the previous 3.25 years compared to TSLA's $40.73 billion of revenue growth. TSLA has generated $6.93 billion in FCF over the TTM, while Mr. Market has placed a 142.52x multiple on TSLA due to $7.15 billion FCF growth over the past 3.25 years. FB trades at a 15.19x FCF multiple while growing FCF by $23.45 billion over this period which is more than 3x what TSLA has generated in the TTM.With FB trading at 15.19x FCF, GOOGL at 23.42x FCF, and AAPL at 25.4x FCF, it's hard to justify any number above 20x for TSLA. I think a 21x FCF multiple is generous and that places TSLA at a market cap of $145.43 billion, which is -85.26% from its current market cap of $986.92 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098621166,"gmtCreate":1644118007231,"gmtModify":1676533891949,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098621166","repostId":"2208397560","repostType":4,"isVote":1,"tweetType":1,"viewCount":677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098621065,"gmtCreate":1644117996062,"gmtModify":1676533891926,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098621065","repostId":"1116988981","repostType":4,"repost":{"id":"1116988981","kind":"news","pubTimestamp":1644113154,"share":"https://ttm.financial/m/news/1116988981?lang=&edition=fundamental","pubTime":"2022-02-06 10:05","market":"us","language":"en","title":"Is the Big Bounceback in Netflix Justified?","url":"https://stock-news.laohu8.com/highlight/detail?id=1116988981","media":"InvestorPlace","summary":"Netflix is maturing just as a new era of gaming and entertainment begins to dawn","content":"<html><head></head><body><p>After a two-month swan dive climaxing in an earnings miss,<b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>) has bounced back. Shares of NFLX stock that traded as high as $690 in November fell to just $366 after a disappointing earnings report. Netflix said its global subscriber count rose just 9% in the fourth quarter of 2021 after jumping 22% the previous year. Margins and net income also dropped.</p><p>However, an upgrade from Citigroup from neutral to buy — and a purchase of $20 million in shares by CEO Reed Hastings — had Netflix opening for trade on Feb. 2 at about $448 per share. Now investors are asking whether the bears had it right or if there’s still a bull case to be made for NFLX stock.</p><p>Here’s what you should know about this stock moving forward.</p><p><b>The Bull Case for NFLX Stock</b></p><p>Citigroup’s note lowered its one-year price target on Netflix shares from $595 to $450 per share. However, it also said other analysts are underestimating the company’s pricing power. Netflix is raising its base price by about 10%. The basic plan will now cost $9.99 per month. Further, the standard U.S. plan now costs $15.49 per month.</p><p>On top of this, Bill Ackman’s hedge fund also recently bought 3.1 million shares of NFLX stock worth over $1 billion. Ackman believes the company still has room to grow. Still, the main argument being put forward is that profits are going to jump. That Netflix is becoming a value stock.</p><p>Netflix is not yet a value stock, however. With a market capitalization of around $200 billion, its price-earnings (P/E) ratio is currently 38.5 according to <i>Seeking Alpha</i>. Analysts expect earnings to jump 30% next year to $14.23 per share. That’s still a P/E of around 30. Plus, Netflix doesn’t pay a dividend.</p><p><b>The Bear Case</b></p><p>Essentially, the bear case here is that paid streaming has peaked. Many now expect that a crash is imminent.</p><p>The market that Netflix pioneered now has competition from <b>ViacomCBS</b>(NASDAQ:<b><u>VIAC</u></b>), <b>Amazon</b> (NASDAQ:<b><u>AMZN</u></b>), <b>Comcast</b>(NASDAQ:<b><u>CMCSA</u></b>), <b>Disney</b>(NYSE:<b><u>DIS</u></b>), <b>Apple</b>(NASDAQ:<b><u>AAPL</u></b>) and others. A cable subscriber who goes to streaming today can easily pay more than they used to when Internet costs are factored in.</p><p>That makes the latest price increase strategic. Netflix is pushing consumers to make choices, a choice between a system they know with content they love and unknown competitors. As I’ve said before, the gating factor to streaming isn’t money but<i>time</i>. Because streaming offers everything a provider has, you may not need more than one.</p><p>You may not even need to pay. For example,<b>Alphabet’s</b>(NASDAQ:<b><u>GOOGL</u></b>) YouTube doesn’t buy its content but had $8.6 billion in ad revenue during the most recent quarter, up 25% from a year ago. Netflix’s quarterly revenue came to $7.7 billion, up 17% year-over-year (YOY).</p><p>So, has streaming hit a tipping point? After all, Alphabet and social media companies like <b>Meta Platforms</b>(NASDAQ:<b><u>FB</u></b>) and <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) don’t pay a dime for content.<i>They don’t have to.</i></p><p>What’s more, time spent gaming also continues to rise. In 2021, it hit an average of 16.5 hours per week. For 2020, one survey showed that Americans spent about 13 hours per week on media.</p><p><b>The Bottom Line on Netflix</b></p><p>Netflix is aware of the gaming threat. In fact, it’s in the process of launching a gaming service.</p><p>Still, even this may not be enough for NFLX stock. The pending <b>Microsoft</b>(NASDAQ:<b><u>MSFT</u></b>) purchase of <b>Activision Blizzard</b>(NASDAQ:<b><u>ATVI</u></b>) points toward a future where gaming, media and virtual reality (VR) collide. That’s why Facebook changed its name and is putting billions upon billions into its capital budget this year. Netflix is expected to spend $17 billion on new productions this year as well. That is up 25% YOY.</p><p>Everyone in the entertainment universe is being squeezed — by rising budgets, by competition and most importantly by time. Assuming victory by any player or technology at this point seems premature. The game has just begun.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the Big Bounceback in Netflix Justified?</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\">\nIs the Big Bounceback in Netflix Justified?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-06 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/02/is-the-big-bounceback-in-nflx-stock-justified/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a two-month swan dive climaxing in an earnings miss,Netflix(NASDAQ:NFLX) has bounced back. Shares of NFLX stock that traded as high as $690 in November fell to just $366 after a disappointing ...</p>\n\n<a href=\"https://investorplace.com/2022/02/is-the-big-bounceback-in-nflx-stock-justified/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2022/02/is-the-big-bounceback-in-nflx-stock-justified/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116988981","content_text":"After a two-month swan dive climaxing in an earnings miss,Netflix(NASDAQ:NFLX) has bounced back. Shares of NFLX stock that traded as high as $690 in November fell to just $366 after a disappointing earnings report. Netflix said its global subscriber count rose just 9% in the fourth quarter of 2021 after jumping 22% the previous year. Margins and net income also dropped.However, an upgrade from Citigroup from neutral to buy — and a purchase of $20 million in shares by CEO Reed Hastings — had Netflix opening for trade on Feb. 2 at about $448 per share. Now investors are asking whether the bears had it right or if there’s still a bull case to be made for NFLX stock.Here’s what you should know about this stock moving forward.The Bull Case for NFLX StockCitigroup’s note lowered its one-year price target on Netflix shares from $595 to $450 per share. However, it also said other analysts are underestimating the company’s pricing power. Netflix is raising its base price by about 10%. The basic plan will now cost $9.99 per month. Further, the standard U.S. plan now costs $15.49 per month.On top of this, Bill Ackman’s hedge fund also recently bought 3.1 million shares of NFLX stock worth over $1 billion. Ackman believes the company still has room to grow. Still, the main argument being put forward is that profits are going to jump. That Netflix is becoming a value stock.Netflix is not yet a value stock, however. With a market capitalization of around $200 billion, its price-earnings (P/E) ratio is currently 38.5 according to Seeking Alpha. Analysts expect earnings to jump 30% next year to $14.23 per share. That’s still a P/E of around 30. Plus, Netflix doesn’t pay a dividend.The Bear CaseEssentially, the bear case here is that paid streaming has peaked. Many now expect that a crash is imminent.The market that Netflix pioneered now has competition from ViacomCBS(NASDAQ:VIAC), Amazon (NASDAQ:AMZN), Comcast(NASDAQ:CMCSA), Disney(NYSE:DIS), Apple(NASDAQ:AAPL) and others. A cable subscriber who goes to streaming today can easily pay more than they used to when Internet costs are factored in.That makes the latest price increase strategic. Netflix is pushing consumers to make choices, a choice between a system they know with content they love and unknown competitors. As I’ve said before, the gating factor to streaming isn’t money buttime. Because streaming offers everything a provider has, you may not need more than one.You may not even need to pay. For example,Alphabet’s(NASDAQ:GOOGL) YouTube doesn’t buy its content but had $8.6 billion in ad revenue during the most recent quarter, up 25% from a year ago. Netflix’s quarterly revenue came to $7.7 billion, up 17% year-over-year (YOY).So, has streaming hit a tipping point? After all, Alphabet and social media companies like Meta Platforms(NASDAQ:FB) and Twitter(NYSE:TWTR) don’t pay a dime for content.They don’t have to.What’s more, time spent gaming also continues to rise. In 2021, it hit an average of 16.5 hours per week. For 2020, one survey showed that Americans spent about 13 hours per week on media.The Bottom Line on NetflixNetflix is aware of the gaming threat. In fact, it’s in the process of launching a gaming service.Still, even this may not be enough for NFLX stock. The pending Microsoft(NASDAQ:MSFT) purchase of Activision Blizzard(NASDAQ:ATVI) points toward a future where gaming, media and virtual reality (VR) collide. That’s why Facebook changed its name and is putting billions upon billions into its capital budget this year. Netflix is expected to spend $17 billion on new productions this year as well. That is up 25% YOY.Everyone in the entertainment universe is being squeezed — by rising budgets, by competition and most importantly by time. Assuming victory by any player or technology at this point seems premature. The game has just begun.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098623206,"gmtCreate":1644117976236,"gmtModify":1676533891918,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098623206","repostId":"1168447978","repostType":4,"repost":{"id":"1168447978","kind":"news","pubTimestamp":1644115848,"share":"https://ttm.financial/m/news/1168447978?lang=&edition=fundamental","pubTime":"2022-02-06 10:50","market":"us","language":"en","title":"Risky Luxury EV Maker Lucid Still Faces an Array of Tough Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=1168447978","media":"InvestorPlace","summary":"Lucid is facing extremely tough competition, and the valuation of LCID stock is still very high","content":"<html><head></head><body><p><b>Lucid</b>(NASDAQ:<b><u>LCID</u></b>) and LCID stock are facing very difficult challenges over both the short-term and the long-term. Unfortunately fans of LCID stock, there are much better stocks to buy in the electric-vehicle space.</p><p><b>Lucid’s Short-Term Challenges</b></p><p>LCID stock has generally underperformed the EV sector since it underwent a large lockup expiration on Jan. 19. A lockup expiration allows company insiders and other early holders of firms’ shares to sell their stock for the first time.</p><p>Over the five trading days that ended during early trading on Feb. 1, for example, Lucid’s shares had fallen 17.7%, while Rivian had climbed 6% and Arrival had risen 10%. The lockup expiration could very well continue to weigh on Lucid’s shares for the next few weeks.</p><p>Meanwhile, my research continues to indicate that the mainstream media’s coverage of Lucid still significantly trails that of <b>Rivian</b> (NASDAQ:<b><u>RIVN</u></b>) and, of course,<b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>).</p><p>My search for “Lucid” in Google’s News section on Feb. 1 turned up just three mainstream news articles,i.e. articles in publications that are not exclusively dedicated to coverage of automobiles or business. Conversely, a search for Rivian with the same criteria revealed nine mainstream news articles, while Tesla came in at tensuch articles.</p><p>With Lucid facing a great deal of competition (I will discuss that issue much more extensively below) and currently getting much less free publicity than a number of its rivals, it could have difficulty meeting the market’s expectations when it comes to EV orders, sales and revenue.</p><p>Finally, Lucid reported its third-quarter earningss on Nov. 15.Consequently, there’s a good chance the company will report its Q4 results roughly three months after that date, meaning sometime in February. If the automaker’s orders, production and/or revenue results fail to meet expectations, LCID stock could easily crash.</p><p>The shares are particularly vulnerable to a sharp downturn because even after their recent, major pullback they still have a very large market capitalization of nearly $49 billion.</p><p><b>Longer-Term Issues</b></p><p>As I noted previously Lucid, which is focusing on the high end of the consumer EV market, faces a huge amount of competition. Of course, Tesla has multiple EVs for high-end consumers. But <b>Volkswagen</b>(OTC:<b><u>VWAGY</u></b>)is starting production of its ID.5 “SUV coupe,” while <b>GM’s</b> (NYSE:<b><u>GM</u></b>) Cadillac Lyriq, a luxury SUV, is on the way and recently sold out in just 19 minutes. Not to be left out, <b>BMW</b>(OTC:<b><u>BMWYY</u></b>) is launching its“first-ever all-electric Gran Coupe.”</p><p>With all of these luxury EVs, plus many more rolling in, Lucid is really going to have its work cut out for it over the longer term, particularly if it fails to generate more coverage in the mainstream media for itself and its EVs.</p><p>After all, Lucid is way behind Tesla and most longtime automakers when it comes to brand recognition and marketing spend. So without a great deal of mainstream media coverage, it may very well have difficulty even getting very many early adopters to buy its EVs instead of those of its competitors.</p><p>Given the still-huge valuation of LCID stock, the shares have a long way to tumble.</p><p><b>Two Much Better Picks</b></p><p><b>Xpeng</b>(NYSE:<b><u>XPEV</u></b>) is a Chinese EV automaker that has proven itself able to sell a high number of automobiles in its gigantic home market. In fact in December, deliveries soared 115% YOY to 12,922 EVs and the company has delivered more than 150,000 EVs in total.</p><p>As I’ve pointed out in previous columns, Xpeng’s advanced driver assistance systems(ADAS) are ahead of its peers and selling prices are relatively affordable. Moreover, the automaker is in the process of entering Europe and its $31.4 billion market capitalization is well below that of LCID stock.</p><p>Focusing on the commercial EV market which is much less competitive than the consumer space, Arrival is collaborating with <b>Uber</b>(NYSE:<b><u>UBER</u></b>) and <b>UPS</b>(NYSE:<b><u>UPS</u></b>) on new EVs. What’s more, the company has said that it can produce commercial EVs at roughly the same cost as conventional commercial vehicles.</p><p>Amid fears around Russia-Ukraine tension (Arrival’s founder is a former Russian government official who lives in the U.K.) and higher interest rates ARVL stock has gotten crushed in the last few months. But those fears appear to be — correctly, in my view — rapidly receding recently. As of late morning trading on Feb. 1, ARVL stock had jumped 20% over the last five trading days.</p><p>With a market capitalization of $2.7 billion, Arrival’s valuation is a small fraction of that of LCID stock.</p><p><b>The Bottom Line on LCID Stock</b></p><p>With Lucid facing very difficult short-term and long-term issues, the shares are very risky at this point. Making the shares even more dangerous, they trade at a very high valuation.</p><p>Given these points, I continue to believe that the risk-reward ratio of the shares is negative and I still urge investors to sell the stock.</p><p>For now, ARVL stock and XPEV stock are much better investments than Lucid’s shares.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Risky Luxury EV Maker Lucid Still Faces an Array of Tough Challenges</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\">\nRisky Luxury EV Maker Lucid Still Faces an Array of Tough Challenges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-06 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/02/risky-luxury-ev-maker-lucid-still-faces-an-array-of-tough-challenges/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lucid(NASDAQ:LCID) and LCID stock are facing very difficult challenges over both the short-term and the long-term. Unfortunately fans of LCID stock, there are much better stocks to buy in the electric...</p>\n\n<a href=\"https://investorplace.com/2022/02/risky-luxury-ev-maker-lucid-still-faces-an-array-of-tough-challenges/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://investorplace.com/2022/02/risky-luxury-ev-maker-lucid-still-faces-an-array-of-tough-challenges/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168447978","content_text":"Lucid(NASDAQ:LCID) and LCID stock are facing very difficult challenges over both the short-term and the long-term. Unfortunately fans of LCID stock, there are much better stocks to buy in the electric-vehicle space.Lucid’s Short-Term ChallengesLCID stock has generally underperformed the EV sector since it underwent a large lockup expiration on Jan. 19. A lockup expiration allows company insiders and other early holders of firms’ shares to sell their stock for the first time.Over the five trading days that ended during early trading on Feb. 1, for example, Lucid’s shares had fallen 17.7%, while Rivian had climbed 6% and Arrival had risen 10%. The lockup expiration could very well continue to weigh on Lucid’s shares for the next few weeks.Meanwhile, my research continues to indicate that the mainstream media’s coverage of Lucid still significantly trails that of Rivian (NASDAQ:RIVN) and, of course,Tesla (NASDAQ:TSLA).My search for “Lucid” in Google’s News section on Feb. 1 turned up just three mainstream news articles,i.e. articles in publications that are not exclusively dedicated to coverage of automobiles or business. Conversely, a search for Rivian with the same criteria revealed nine mainstream news articles, while Tesla came in at tensuch articles.With Lucid facing a great deal of competition (I will discuss that issue much more extensively below) and currently getting much less free publicity than a number of its rivals, it could have difficulty meeting the market’s expectations when it comes to EV orders, sales and revenue.Finally, Lucid reported its third-quarter earningss on Nov. 15.Consequently, there’s a good chance the company will report its Q4 results roughly three months after that date, meaning sometime in February. If the automaker’s orders, production and/or revenue results fail to meet expectations, LCID stock could easily crash.The shares are particularly vulnerable to a sharp downturn because even after their recent, major pullback they still have a very large market capitalization of nearly $49 billion.Longer-Term IssuesAs I noted previously Lucid, which is focusing on the high end of the consumer EV market, faces a huge amount of competition. Of course, Tesla has multiple EVs for high-end consumers. But Volkswagen(OTC:VWAGY)is starting production of its ID.5 “SUV coupe,” while GM’s (NYSE:GM) Cadillac Lyriq, a luxury SUV, is on the way and recently sold out in just 19 minutes. Not to be left out, BMW(OTC:BMWYY) is launching its“first-ever all-electric Gran Coupe.”With all of these luxury EVs, plus many more rolling in, Lucid is really going to have its work cut out for it over the longer term, particularly if it fails to generate more coverage in the mainstream media for itself and its EVs.After all, Lucid is way behind Tesla and most longtime automakers when it comes to brand recognition and marketing spend. So without a great deal of mainstream media coverage, it may very well have difficulty even getting very many early adopters to buy its EVs instead of those of its competitors.Given the still-huge valuation of LCID stock, the shares have a long way to tumble.Two Much Better PicksXpeng(NYSE:XPEV) is a Chinese EV automaker that has proven itself able to sell a high number of automobiles in its gigantic home market. In fact in December, deliveries soared 115% YOY to 12,922 EVs and the company has delivered more than 150,000 EVs in total.As I’ve pointed out in previous columns, Xpeng’s advanced driver assistance systems(ADAS) are ahead of its peers and selling prices are relatively affordable. Moreover, the automaker is in the process of entering Europe and its $31.4 billion market capitalization is well below that of LCID stock.Focusing on the commercial EV market which is much less competitive than the consumer space, Arrival is collaborating with Uber(NYSE:UBER) and UPS(NYSE:UPS) on new EVs. What’s more, the company has said that it can produce commercial EVs at roughly the same cost as conventional commercial vehicles.Amid fears around Russia-Ukraine tension (Arrival’s founder is a former Russian government official who lives in the U.K.) and higher interest rates ARVL stock has gotten crushed in the last few months. But those fears appear to be — correctly, in my view — rapidly receding recently. As of late morning trading on Feb. 1, ARVL stock had jumped 20% over the last five trading days.With a market capitalization of $2.7 billion, Arrival’s valuation is a small fraction of that of LCID stock.The Bottom Line on LCID StockWith Lucid facing very difficult short-term and long-term issues, the shares are very risky at this point. Making the shares even more dangerous, they trade at a very high valuation.Given these points, I continue to believe that the risk-reward ratio of the shares is negative and I still urge investors to sell the stock.For now, ARVL stock and XPEV stock are much better investments than Lucid’s shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098623133,"gmtCreate":1644117964058,"gmtModify":1676533891903,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098623133","repostId":"1191168289","repostType":4,"isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098623302,"gmtCreate":1644117941453,"gmtModify":1676533891919,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098623302","repostId":"2209347958","repostType":4,"repost":{"id":"2209347958","kind":"highlight","pubTimestamp":1644118258,"share":"https://ttm.financial/m/news/2209347958?lang=&edition=fundamental","pubTime":"2022-02-06 11:30","market":"us","language":"en","title":"These 3 Stocks Could 10x Your Money by 2035","url":"https://stock-news.laohu8.com/highlight/detail?id=2209347958","media":"Motley Fool","summary":"Holding a diverse mix of high-quality stocks could allow your portfolio to flourish in over a decade.","content":"<html><head></head><body><p>For investors looking to create life-changing wealth, often the best way to do so is through a simple buy-and-hold strategy. For example, if you invested $10,000 in <b>Microsoft</b> 10 years ago, you would now have over $97,000 -- almost a 10x return on your money. If you can find high-quality companies and hold them relentlessly -- even through hard times and recessions -- you have the opportunity to build immense wealth for yourself.</p><p>You could employ this strategy today, kick-starting a potentially fruitful journey. <b>Nvidia</b> (NASDAQ:NVDA), <b>Doximity</b> (NYSE:DOCS), and <b>fuboTV</b> (NYSE:FUBO) have extremely large addressable markets and rock-solid competitive advantages over their competitors, and I think these companies could flourish for the next 13 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0f453fa4260674c781e8037cafd380fc\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Nvidia</h2><p>As the market leader in high-performance graphics processing units (GPUs), Nvidia&#39;s chips are used in nearly everything, including gaming, full-self-driving vehicles, data centers, and even in building out the metaverse. This wide optionality and its leadership in the space have allowed the company to generate third-quarter revenue of $7.1 billion, net income of $2.5 billion, and free cash flow of $1.3 billion.</p><p>Chips are in extremely high demand right now, and this demand will only increase over the next decade as more artificial intelligence, data, and other new technologies enter the world. The majority of these systems need hundreds of chips to operate, and Nvidia is leading the pack in the production of these chips, quickly gaining market share. In the fiscal year 2019 (the calendar year 2018), the company brought in $11.7 billion in revenue, but this fiscal year, the company is expecting to bring in $26.7 billion -- representing 128% growth over that period.</p><p>This growth, however, comes at a high price. Nvidia shares trade at 69 times earnings and 78 times free cash flow, which are extremely high multiples. Nvidia&#39;s market cap is currently over $600 billion, so 10Xing over the next 13 years is not an easy feat. However,  considering how dominant the company has been in the past and how Nvidia&#39;s chips will likely play a major role in the future, the company has the potential to produce incredible returns over the next decade.</p><p>The data center market is expected to be worth $65 billion by 2026 and $54 billion for the gaming GPU market by 2025. Because Nvidia has a dominant market share in both of those industries, I wouldn&#39;t be surprised if Nvidia can continue to dominate these industries over the coming years as it becomes a staple of technology.</p><h2>Doximity</h2><p>Doximity has become the primary social media and work platform for healthcare professionals, offering them the ability to provide telehealth services, speak with patients as well as other doctors, and learn about the newest drugs and practices in their field. This has made Doximity the all-in-one app healthcare professionals need for their professional lives. As a result, over 80% of physicians and 90% of medical students are on Doximity.</p><p>Like Nvidia, Doximity trades at a high multiple of 31 times sales -- even after the company fell 58% off its all-time high. However, this extremely high multiple might be justified. Doximity has a dominant market share in the space, yet the company is growing rapidly and is profitable. In its most recent quarter, the company grew its revenue 76% year over year to $79 million, and 45% of that turned into net income for the quarter.</p><p>Doximity has little room for future growth in terms of adding users to its platform, but the expansion in the number of  advertisers on the platform -- where Doximity earns its revenue from -- has lots of potential going forward. Drug manufacturers and healthcare companies looking to hire medical professionals advertise on Doximity, and the company estimates that it has a $7.3 billion market opportunity in just growing the number of advertisers on the platform. With a total market worth $18.5 billion, there is plenty of room for the company to flourish over the next decade considering it is expecting just $327 million in full-year revenue.</p><h2>fuboTV</h2><p>One of the main reasons consumers still have their cable television is because of the inability to stream live sports or news on popular services like <b>Netflix</b>, but fubo is trying to change that. It is becoming a pure-play service that focuses specifically on streaming live sports of all kinds, and it is seeing rapid adoption because of it. In the third quarter of 2021, the company reported 945,000 subscribers -- representing growth of 108% year over year.</p><p>This is small, especially compared to other streaming stocks like Netflix, which has almost 222 million subscribers across the world. Despite this large opportunity, the company is not valued for future success. Fubo trades at just 2.4 times sales -- a rock-bottom multiple, especially for a company growing at triple-digit rates. This is low compared to streaming services like Netflix, which trades at 5.6 times sales despite slower growth.</p><p>In a Pew Research poll, 56% of Americans said they have cable television, so the trend of cutting the cord is still in full swing. If fubo can become the primary streaming service that these Americans switch to for their live TV, then fubo has an incredible opportunity to expand their customer count. With less than 1 million users today, fubo is trying to attract roughly 100 million consumers, making its market opportunity immense to say the very least. This huge growth potential could allow fubo to more than 10X if it can successfully penetrate this market, and as one of the only providers focusing on live TV, fubo looks poised to do so, which is why I think it can 10X from here by 2035.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Stocks Could 10x Your Money by 2035</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 Stocks Could 10x Your Money by 2035\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-06 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/05/these-3-stocks-could-10x-your-money-by-2035/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For investors looking to create life-changing wealth, often the best way to do so is through a simple buy-and-hold strategy. For example, if you invested $10,000 in Microsoft 10 years ago, you would ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/05/these-3-stocks-could-10x-your-money-by-2035/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4548":"巴美列捷福持仓","BK4539":"次新股","BK4524":"宅经济概念","BK4551":"寇图资本持仓","BK4554":"元宇宙及AR概念","BK4077":"互动媒体与服务","BK4167":"医疗保健技术","BK4567":"ESG概念","FUBO":"fuboTV Inc.","BK4141":"半导体产品","BK4543":"AI","BK4534":"瑞士信贷持仓","DOCS":"Doximity, Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","NVDA":"英伟达","BK4108":"电影和娱乐","NFLX":"奈飞","BK4529":"IDC概念","BK4549":"软银资本持仓","BK4527":"明星科技股","BK4566":"资本集团","BK4532":"文艺复兴科技持仓","BK4507":"流媒体概念"},"source_url":"https://www.fool.com/investing/2022/02/05/these-3-stocks-could-10x-your-money-by-2035/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209347958","content_text":"For investors looking to create life-changing wealth, often the best way to do so is through a simple buy-and-hold strategy. For example, if you invested $10,000 in Microsoft 10 years ago, you would now have over $97,000 -- almost a 10x return on your money. If you can find high-quality companies and hold them relentlessly -- even through hard times and recessions -- you have the opportunity to build immense wealth for yourself.You could employ this strategy today, kick-starting a potentially fruitful journey. Nvidia (NASDAQ:NVDA), Doximity (NYSE:DOCS), and fuboTV (NYSE:FUBO) have extremely large addressable markets and rock-solid competitive advantages over their competitors, and I think these companies could flourish for the next 13 years.Image source: Getty Images.NvidiaAs the market leader in high-performance graphics processing units (GPUs), Nvidia's chips are used in nearly everything, including gaming, full-self-driving vehicles, data centers, and even in building out the metaverse. This wide optionality and its leadership in the space have allowed the company to generate third-quarter revenue of $7.1 billion, net income of $2.5 billion, and free cash flow of $1.3 billion.Chips are in extremely high demand right now, and this demand will only increase over the next decade as more artificial intelligence, data, and other new technologies enter the world. The majority of these systems need hundreds of chips to operate, and Nvidia is leading the pack in the production of these chips, quickly gaining market share. In the fiscal year 2019 (the calendar year 2018), the company brought in $11.7 billion in revenue, but this fiscal year, the company is expecting to bring in $26.7 billion -- representing 128% growth over that period.This growth, however, comes at a high price. Nvidia shares trade at 69 times earnings and 78 times free cash flow, which are extremely high multiples. Nvidia's market cap is currently over $600 billion, so 10Xing over the next 13 years is not an easy feat. However,  considering how dominant the company has been in the past and how Nvidia's chips will likely play a major role in the future, the company has the potential to produce incredible returns over the next decade.The data center market is expected to be worth $65 billion by 2026 and $54 billion for the gaming GPU market by 2025. Because Nvidia has a dominant market share in both of those industries, I wouldn't be surprised if Nvidia can continue to dominate these industries over the coming years as it becomes a staple of technology.DoximityDoximity has become the primary social media and work platform for healthcare professionals, offering them the ability to provide telehealth services, speak with patients as well as other doctors, and learn about the newest drugs and practices in their field. This has made Doximity the all-in-one app healthcare professionals need for their professional lives. As a result, over 80% of physicians and 90% of medical students are on Doximity.Like Nvidia, Doximity trades at a high multiple of 31 times sales -- even after the company fell 58% off its all-time high. However, this extremely high multiple might be justified. Doximity has a dominant market share in the space, yet the company is growing rapidly and is profitable. In its most recent quarter, the company grew its revenue 76% year over year to $79 million, and 45% of that turned into net income for the quarter.Doximity has little room for future growth in terms of adding users to its platform, but the expansion in the number of  advertisers on the platform -- where Doximity earns its revenue from -- has lots of potential going forward. Drug manufacturers and healthcare companies looking to hire medical professionals advertise on Doximity, and the company estimates that it has a $7.3 billion market opportunity in just growing the number of advertisers on the platform. With a total market worth $18.5 billion, there is plenty of room for the company to flourish over the next decade considering it is expecting just $327 million in full-year revenue.fuboTVOne of the main reasons consumers still have their cable television is because of the inability to stream live sports or news on popular services like Netflix, but fubo is trying to change that. It is becoming a pure-play service that focuses specifically on streaming live sports of all kinds, and it is seeing rapid adoption because of it. In the third quarter of 2021, the company reported 945,000 subscribers -- representing growth of 108% year over year.This is small, especially compared to other streaming stocks like Netflix, which has almost 222 million subscribers across the world. Despite this large opportunity, the company is not valued for future success. Fubo trades at just 2.4 times sales -- a rock-bottom multiple, especially for a company growing at triple-digit rates. This is low compared to streaming services like Netflix, which trades at 5.6 times sales despite slower growth.In a Pew Research poll, 56% of Americans said they have cable television, so the trend of cutting the cord is still in full swing. If fubo can become the primary streaming service that these Americans switch to for their live TV, then fubo has an incredible opportunity to expand their customer count. With less than 1 million users today, fubo is trying to attract roughly 100 million consumers, making its market opportunity immense to say the very least. This huge growth potential could allow fubo to more than 10X if it can successfully penetrate this market, and as one of the only providers focusing on live TV, fubo looks poised to do so, which is why I think it can 10X from here by 2035.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098365926,"gmtCreate":1644027069993,"gmtModify":1676533883482,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Follow","listText":"Follow","text":"Follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098365926","repostId":"9098384590","repostType":1,"repost":{"id":9098384590,"gmtCreate":1644025989463,"gmtModify":1676533883281,"author":{"id":"4103929380960260","authorId":"4103929380960260","name":"RPGold","avatar":"https://static.itradeup.com/news/7b411b17585df3db54c94d5ebe3e8ce3","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4103929380960260","authorIdStr":"4103929380960260"},"themes":[],"title":"Stock vouchers","htmlText":"Hi, I am new with Tiger, I have a question to consult - I bought 5 stocks lately but why I only received 2 vouchers rebate? (I have 5 vouchers as a referral).I have checked and confirmed I have met the criteria... Am I missing something?&nbsp;Thx in advance.","listText":"Hi, I am new with Tiger, I have a question to consult - I bought 5 stocks lately but why I only received 2 vouchers rebate? (I have 5 vouchers as a referral).I have checked and confirmed I have met the criteria... Am I missing something?&nbsp;Thx in advance.","text":"Hi, I am new with Tiger, I have a question to consult - I bought 5 stocks lately but why I only received 2 vouchers rebate? (I have 5 vouchers as a referral).I have checked and confirmed I have met the criteria... Am I missing something? Thx in advance.","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098384590","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098366075,"gmtCreate":1644026818672,"gmtModify":1676533883429,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Just because the price is low, it&nbsp;doesn't mean it is good to buy meta. Depends if you think it is a growth company","listText":"Just because the price is low, it&nbsp;doesn't mean it is good to buy meta. Depends if you think it is a growth company","text":"Just because the price is low, it doesn't mean it is good to buy meta. Depends if you think it is a growth company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098366075","repostId":"1108894266","repostType":4,"repost":{"id":"1108894266","kind":"news","pubTimestamp":1644024937,"share":"https://ttm.financial/m/news/1108894266?lang=&edition=fundamental","pubTime":"2022-02-05 09:35","market":"us","language":"en","title":"For Meta, a Cheap Stock Isn’t Enough","url":"https://stock-news.laohu8.com/highlight/detail?id=1108894266","media":"Barrons","summary":"Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal resul","content":"<html><head></head><body><p>Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal results on Wednesday night, Facebook parent Meta Platforms lost more than a quarter of its market capitalization, some $250 billion. It was the largest single-day loss of corporate value in U.S. history.</p><p>And the value destruction might not be over. For Facebook, this is different than the privacy scandals and political controversies that have surrounded the company. This time, the problems are with the business itself.</p><p>Meta (ticker: FB) offered a first-quarter outlook that reveals slowing usage of its social media apps and troubling trends in advertising sales. Fixing the problems will take multiple quarters, and potentially years. Meanwhile, the repairs will have to be made as the company pivots to the metaverse, a significant gamble on an unproven technology.</p><p>By the end of a long week of tech earnings (see this week’s Tech Trader), it became clear that Meta’s problems are unique, and not part of a broader industry downturn. Google parent Alphabet (GOOGL) posted strong results driven by demand for advertising space on Google Search and YouTube. And on Thursday afternoon—one day after Meta’s nightmarish report—smaller rivals Snap (SNAP) and Pinterest (PINS) surprised investors with better-than-expected numbers, including Snap’s first-ever profit.</p><p>Amazon.com (AMZN) rounded out the big week of earnings with its own impressive results—including 32% growth in its advertising business. Those reports helped tech stocks snap back on Friday: The Nasdaq Composite rallied 2%, but Meta shares were flat.</p><p>The lack of buying on the dip reflects the serious issues Meta raised with its earnings. For the first quarter, the company sees revenue of $27 billion to $29 billion, up between 3% and 11% from a year ago. That would be a sharp deceleration from 48% growth a year ago. Meta said results would be affected by “headwinds” to both the number of ad impressions generated by its platforms and by pressures on ad pricing.</p><p>The forecast came as a shock to Facebook investors who have grown used to reliable growth, even amid controversy. Meta by its own admission is now dealing with multiple issues: slowing usage of the company’s core social media apps, tough earnings comparisons, decelerating spending by advertisers that are facing labor and product shortages, and intensified competition from TikTok, the short-form video app owned by China-based ByteDance.</p><p>Meta’s mention of weaker ad impressions was the real shocker. The company said its core Facebook business had one million fewer daily average users in the December quarter versus the previous three months. That has never happened before. The slowdown could reflect people spending more time out of the house after two years of severe pandemic restrictions. Alternatively, or perhaps additionally, it could be that people are simply growing a little tired of social media, and using the platforms a little less.</p><p>On its post-earnings call with investors, Meta repeatedly pointed to competition from TikTok. Meta is going after TikTok with a competitive service called Reels, which have been pushed across Facebook feeds. But it is going to take time for Facebook to catch up to TikTok’s popularity, if it ever does. Meanwhile, the issue is cutting into Meta’s revenues.</p><p>“On the impressions side, we expect continued headwinds from both increased competition for people’s time and a shift of engagement within our apps toward video surfaces like Reels, which monetize at lower rates than Feed and Stories,” the company said. In other words, competition from TikTok is forcing Facebook to push users into less profitable parts of its platform.</p><p>On ad pricing, meanwhile, Meta continues to deal with Apple’s (AAPL) adoption of tough new rules that limit advertisers’ ability to track consumer behavior on iOS devices. Those changes weren’t yet in place a year ago, so the comparison will be felt again in the first quarter. “We anticipate modestly increasing ad targeting and measurement headwinds from platform and regulatory changes,” Meta said.</p><p>The company has previously expressed confidence that it could develop workarounds for Apple’s changes, which affect ad targeting along with knowing when ads trigger purchases or other consumer behaviors. But Meta now sounds less confident about a near-term fix, saying the Apple changes will trim its revenue by $10 billion this year.</p><p>Perhaps most worrisome for Facebook is that Snap and Pinterest, rivals that in theory should be suffering a similar slowdown from Apple’s changes, didn’t report the same issues in the quarter.</p><p><b>Falling Hard</b></p><p>Facebook parent Meta Platforms lost more than a quarter of its market value on Thursday. It’s the largest single-day loss of corporate value ever.</p><p><img src=\"https://static.tigerbbs.com/aefbd1011b68d6770961169b97d76d54\" tg-width=\"1059\" tg-height=\"492\" width=\"100%\" height=\"auto\"/></p><p>To be sure, the Meta story still has investor appeal, most notably a cheap stock. After the selloff, Meta trades at a discount to the S&amp;P 500—19.3 times versus 20.3 times, respectively. Meta has also been aggressively buying back stock—$33 billion over the past two quarters. While those purchases look ill-timed, the buybacks suggest that the Meta board considers the stock cheap. That doesn’t mean it can’t get cheaper.</p><p>Meta’s risks are growing and they’re no longer just about Facebook&#39;s legacy business. The company is spending aggressively on its metaverse build out—capital spending this year is expected to be between $29 billion and $34 billion, up from $19.2 billion last year. No one really knows if the plan will work: How many people want to attend concerts, parties, and meetings in an imaginary world while wearing a virtual reality headset? The metaverse has become CEO Mark Zuckerberg’s biggest bet—and it gives the company a quickly changing risk profile, one that looks uncomfortable even with a cheap stock.</p><p>Meta’s user base is mammoth—3.6 billion monthly active users, or close to half the Earth’s population. But growth is finally slowing, the advertising business is in trouble, regulators are circling, and the metaverse is in its infancy. For Meta, it’s a mega set of risks.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>For Meta, a Cheap Stock Isn’t Enough</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\">\nFor Meta, a Cheap Stock Isn’t Enough\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-05 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/buy-sell-facebook-meta-stock-51644023283?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal results on Wednesday night, Facebook parent Meta Platforms lost more than a quarter of its market ...</p>\n\n<a href=\"https://www.barrons.com/articles/buy-sell-facebook-meta-stock-51644023283?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/buy-sell-facebook-meta-stock-51644023283?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108894266","content_text":"Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal results on Wednesday night, Facebook parent Meta Platforms lost more than a quarter of its market capitalization, some $250 billion. It was the largest single-day loss of corporate value in U.S. history.And the value destruction might not be over. For Facebook, this is different than the privacy scandals and political controversies that have surrounded the company. This time, the problems are with the business itself.Meta (ticker: FB) offered a first-quarter outlook that reveals slowing usage of its social media apps and troubling trends in advertising sales. Fixing the problems will take multiple quarters, and potentially years. Meanwhile, the repairs will have to be made as the company pivots to the metaverse, a significant gamble on an unproven technology.By the end of a long week of tech earnings (see this week’s Tech Trader), it became clear that Meta’s problems are unique, and not part of a broader industry downturn. Google parent Alphabet (GOOGL) posted strong results driven by demand for advertising space on Google Search and YouTube. And on Thursday afternoon—one day after Meta’s nightmarish report—smaller rivals Snap (SNAP) and Pinterest (PINS) surprised investors with better-than-expected numbers, including Snap’s first-ever profit.Amazon.com (AMZN) rounded out the big week of earnings with its own impressive results—including 32% growth in its advertising business. Those reports helped tech stocks snap back on Friday: The Nasdaq Composite rallied 2%, but Meta shares were flat.The lack of buying on the dip reflects the serious issues Meta raised with its earnings. For the first quarter, the company sees revenue of $27 billion to $29 billion, up between 3% and 11% from a year ago. That would be a sharp deceleration from 48% growth a year ago. Meta said results would be affected by “headwinds” to both the number of ad impressions generated by its platforms and by pressures on ad pricing.The forecast came as a shock to Facebook investors who have grown used to reliable growth, even amid controversy. Meta by its own admission is now dealing with multiple issues: slowing usage of the company’s core social media apps, tough earnings comparisons, decelerating spending by advertisers that are facing labor and product shortages, and intensified competition from TikTok, the short-form video app owned by China-based ByteDance.Meta’s mention of weaker ad impressions was the real shocker. The company said its core Facebook business had one million fewer daily average users in the December quarter versus the previous three months. That has never happened before. The slowdown could reflect people spending more time out of the house after two years of severe pandemic restrictions. Alternatively, or perhaps additionally, it could be that people are simply growing a little tired of social media, and using the platforms a little less.On its post-earnings call with investors, Meta repeatedly pointed to competition from TikTok. Meta is going after TikTok with a competitive service called Reels, which have been pushed across Facebook feeds. But it is going to take time for Facebook to catch up to TikTok’s popularity, if it ever does. Meanwhile, the issue is cutting into Meta’s revenues.“On the impressions side, we expect continued headwinds from both increased competition for people’s time and a shift of engagement within our apps toward video surfaces like Reels, which monetize at lower rates than Feed and Stories,” the company said. In other words, competition from TikTok is forcing Facebook to push users into less profitable parts of its platform.On ad pricing, meanwhile, Meta continues to deal with Apple’s (AAPL) adoption of tough new rules that limit advertisers’ ability to track consumer behavior on iOS devices. Those changes weren’t yet in place a year ago, so the comparison will be felt again in the first quarter. “We anticipate modestly increasing ad targeting and measurement headwinds from platform and regulatory changes,” Meta said.The company has previously expressed confidence that it could develop workarounds for Apple’s changes, which affect ad targeting along with knowing when ads trigger purchases or other consumer behaviors. But Meta now sounds less confident about a near-term fix, saying the Apple changes will trim its revenue by $10 billion this year.Perhaps most worrisome for Facebook is that Snap and Pinterest, rivals that in theory should be suffering a similar slowdown from Apple’s changes, didn’t report the same issues in the quarter.Falling HardFacebook parent Meta Platforms lost more than a quarter of its market value on Thursday. It’s the largest single-day loss of corporate value ever.To be sure, the Meta story still has investor appeal, most notably a cheap stock. After the selloff, Meta trades at a discount to the S&P 500—19.3 times versus 20.3 times, respectively. Meta has also been aggressively buying back stock—$33 billion over the past two quarters. While those purchases look ill-timed, the buybacks suggest that the Meta board considers the stock cheap. That doesn’t mean it can’t get cheaper.Meta’s risks are growing and they’re no longer just about Facebook's legacy business. The company is spending aggressively on its metaverse build out—capital spending this year is expected to be between $29 billion and $34 billion, up from $19.2 billion last year. No one really knows if the plan will work: How many people want to attend concerts, parties, and meetings in an imaginary world while wearing a virtual reality headset? The metaverse has become CEO Mark Zuckerberg’s biggest bet—and it gives the company a quickly changing risk profile, one that looks uncomfortable even with a cheap stock.Meta’s user base is mammoth—3.6 billion monthly active users, or close to half the Earth’s population. But growth is finally slowing, the advertising business is in trouble, regulators are circling, and the metaverse is in its infancy. For Meta, it’s a mega set of risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091115986,"gmtCreate":1643802084062,"gmtModify":1676533857806,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091115986","repostId":"2208359928","repostType":4,"repost":{"id":"2208359928","kind":"news","pubTimestamp":1643757071,"share":"https://ttm.financial/m/news/2208359928?lang=&edition=fundamental","pubTime":"2022-02-02 07:11","market":"us","language":"en","title":"Google's Ad Strength, Stock-Split Plans Boost Alphabet Shares by 8%","url":"https://stock-news.laohu8.com/highlight/detail?id=2208359928","media":"seekingalpha","summary":"Google parent company Alphabet (NASDAQ:GOOG) saw its shares climb 8.79% in after-hours trading, Tues","content":"<html><head></head><body><p>Google parent company Alphabet (NASDAQ:GOOG) saw its shares climb 8.79% in after-hours trading, Tuesday, as the Internet giant reported better-than-expected earnings results and said it would enact a 20-for-1 stock split.</p><p><img src=\"https://static.tigerbbs.com/caa48e87a3835a30d3e8fd17880cc826\" tg-width=\"908\" tg-height=\"722\" width=\"100%\" height=\"auto\"/></p><p>Following the close of trading, Alphabet (GOOG) said that for the quarter ending Dec. 31, it earned $30.69 a share, on revenue of $75.33 billion in revenue, compared to a profit of $22.30 a share, on sales of $56.9 billion in the year ago period. Alphabet (GOOG) smashed the estimates of Wall Street analysts, who had forecast the company to earn $27.24 a share, on $71.83 billion in revenue.</p><p>Excluding costs associated with the acquisition of traffic, Alphabet reported revenue of $61.9 billion, while analysts had forecast $59.3 billion in sales.</p><p>Alphabet, whose shares closed Tuesday at $2,757.57, said it would implement a 20-for-1 stock split &#34;in the form of a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time special stock dividend&#34; on each of the company&#39;s Class A, Class B and Class C stock. If the split is approved by Alphabet stockholders, all shareholders as of July 1 will received new company shares on July 15.</p><p>Alphabet (GOOG) said the majority of its revenue came from Google advertising, which included sales from search, YouTube ads and Google network ads. Such advertising revenue totaled $61.2 billion, up from $46.2 billion in the fourth quarter of 2020.</p><p>On Monday, analyst Brian White, of Monness Crespi Hardt, said that despite advertising challenges, Alphabet (GOOG) is showing its is still able to gain ground in the digital ad market.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google's Ad Strength, Stock-Split Plans Boost Alphabet Shares by 8%</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\">\nGoogle's Ad Strength, Stock-Split Plans Boost Alphabet Shares by 8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-02 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3794522-googles-ad-strength-stock-split-plans-boost-alphabet-shares-by-7><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google parent company Alphabet (NASDAQ:GOOG) saw its shares climb 8.79% in after-hours trading, Tuesday, as the Internet giant reported better-than-expected earnings results and said it would enact a ...</p>\n\n<a href=\"https://seekingalpha.com/news/3794522-googles-ad-strength-stock-split-plans-boost-alphabet-shares-by-7\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","GOOG":"谷歌","BK4525":"远程办公概念","BK4566":"资本集团","BK4503":"景林资产持仓","BK4532":"文艺复兴科技持仓","BK4548":"巴美列捷福持仓","GOOGL":"谷歌A","BK4553":"喜马拉雅资本持仓","BK4514":"搜索引擎","BK4538":"云计算","BK4561":"索罗斯持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://seekingalpha.com/news/3794522-googles-ad-strength-stock-split-plans-boost-alphabet-shares-by-7","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2208359928","content_text":"Google parent company Alphabet (NASDAQ:GOOG) saw its shares climb 8.79% in after-hours trading, Tuesday, as the Internet giant reported better-than-expected earnings results and said it would enact a 20-for-1 stock split.Following the close of trading, Alphabet (GOOG) said that for the quarter ending Dec. 31, it earned $30.69 a share, on revenue of $75.33 billion in revenue, compared to a profit of $22.30 a share, on sales of $56.9 billion in the year ago period. Alphabet (GOOG) smashed the estimates of Wall Street analysts, who had forecast the company to earn $27.24 a share, on $71.83 billion in revenue.Excluding costs associated with the acquisition of traffic, Alphabet reported revenue of $61.9 billion, while analysts had forecast $59.3 billion in sales.Alphabet, whose shares closed Tuesday at $2,757.57, said it would implement a 20-for-1 stock split \"in the form of a one-time special stock dividend\" on each of the company's Class A, Class B and Class C stock. If the split is approved by Alphabet stockholders, all shareholders as of July 1 will received new company shares on July 15.Alphabet (GOOG) said the majority of its revenue came from Google advertising, which included sales from search, YouTube ads and Google network ads. Such advertising revenue totaled $61.2 billion, up from $46.2 billion in the fourth quarter of 2020.On Monday, analyst Brian White, of Monness Crespi Hardt, said that despite advertising challenges, Alphabet (GOOG) is showing its is still able to gain ground in the digital ad market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091112756,"gmtCreate":1643802045490,"gmtModify":1676533857799,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091112756","repostId":"2208359928","repostType":4,"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9098621166,"gmtCreate":1644118007231,"gmtModify":1676533891949,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098621166","repostId":"2208397560","repostType":4,"repost":{"id":"2208397560","kind":"highlight","pubTimestamp":1644108952,"share":"https://ttm.financial/m/news/2208397560?lang=&edition=fundamental","pubTime":"2022-02-06 08:55","market":"us","language":"en","title":"These U.S. lawmakers rank as the biggest traders of hot stocks like Apple, Tesla and GameStop","url":"https://stock-news.laohu8.com/highlight/detail?id=2208397560","media":"MarketWatch","summary":"Republican Rep. Pat Fallon was the biggest trader of Apple in Congress, and Democratic Rep. Marie Ne","content":"<html><head></head><body><p>Republican Rep. Pat Fallon was the biggest trader of Apple in Congress, and Democratic Rep. Marie Newman was the biggest trader of Tesla</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58f64f5bfbe6c606e2b4c82c7ea82da3\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>As U.S. lawmakers and their family members bought and sold equities last year, some of the action was in a prominent meme stock and key tech names.</span></p><p>U.S. lawmakers traded an estimated $355 million in individual stocks last year, but which members of Congress bought and sold the hottest names?</p><p>The individual stocks whose tickers drew the most interest on MarketWatch in 2021 were GameStop and AMC Entertainment -- poster boys for the meme-stocks phenomenon -- along with electric-car makers Tesla and NIO, as well as Apple.</p><p>At the top of the list of the biggest traders on Capitol Hill by dollar volume of these five stocks is Rep. Pat Fallon. The Texas Republican disclosed an estimated $1.5 million in buys of Apple shares and an estimated $1.6 million in sells of the tech giant&#39;s stock, according to an analysis from 2iQ Research&#39;s Capitol Trades, which values lawmakers&#39; purchases and sales by using the midpoint of a transaction&#39;s declared range. The congressman&#39;s office didn&#39;t respond to a request for comment.</p><p>The table below, based on the Capitol Trades analysis of disclosure filings, shows the members of Congress who were the five biggest traders of Apple stock in 2021 -- or had family members who made the trades.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95c903191aa8239a1d97bb9c4ee49b86\" tg-width=\"1096\" tg-height=\"342\" referrerpolicy=\"no-referrer\"/><span>Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021</span></p><p>Disclosures from Democratic Rep. Marie Newman of Illinois put her as the biggest trader on Capitol Hill in Elon Musk’s Tesla, with an estimated $383,000 in buys and $375,000 in sells last year. The congresswoman’s spokesman said the Tesla trading was part of a range of transactions made by Newman’s husband.</p><p>&#34;As part of an overall college and retirement savings program as well as to help pay for the family&#39;s extensive health care costs, Congresswoman Newman&#39;s husband for years now has conducted the family&#39;s savings accounts to invest in a variety of companies based on public information. These trades are conducted solely by her husband and are regularly disclosed in alignment with the House&#39;s current policy,&#34; Newman&#39;s spokesman said in a statement.</p><p>The table below shows the Washington, D.C., lawmakers who were the five biggest traders of Tesla shares in 2021 -- or had family members who made the buys and sells.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fa21e224e1a21b504580d454260c48c\" tg-width=\"1097\" tg-height=\"339\" referrerpolicy=\"no-referrer\"/><span>Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021</span></p><p>Disclosures from Democratic Rep. Tom Suozzi of New York put him as the biggest trader in Chinese EV maker NIO, with an estimated $32,500 in sales of it last year. The congressman’s office didn’t respond to a request for comment.</p><p>As shown in the table below, only one other lawmaker disclosed NIO trades.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2dba7e9abf27d62e274fc6cbc7680442\" tg-width=\"1098\" tg-height=\"272\" referrerpolicy=\"no-referrer\"/><span>Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021</span></p><p>Disclosures from GOP Sen. Pat Toomey of Pennsylvania put him as the biggest trader in video game retailer GameStop in 2021, with an estimated $8,000 in buys and $8,000 in sells last year. Toomey, who is retiring from the Senate, said the trades were made by an adult son, adding that he would have suggested caution if his son had discussed them with him ahead of time.</p><p>&#34;These perfectly legal and non-controversial transactions were made by my adult son in his investment account that he controls exclusively,&#34; the senator told MarketWatch in a statement. &#34;He used only public information that was widely available at the time. The trades were made without my knowledge. I disclosed these trades in the ordinary, monthly disclosure of my, and my family&#39;s, trading activities, as required by Senate rules. Had my son asked for my advice about these trades, I would have told him the same thing I said in numerous print and television interviews: that it&#39;s a classic bubble that will end badly for most participants.&#34;</p><p>As shown in the table below, only one other lawmaker disclosed GameStop trades.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df9973192e14802055aeb0f873586835\" tg-width=\"1096\" tg-height=\"271\" referrerpolicy=\"no-referrer\"/><span>Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021</span></p><p>No members of Congress bought or sold shares of movie theater chain AMC Entertainment last year, according to Capitol Trades. Lawmakers in Washington, D.C., are required to file disclosures within 45 days for any transactions involving stocks and other securities due to 2012’s STOCK Act.</p><p>Apple&#39;s stock returned 35% in 2021, while Tesla gained 50% and NIO lost 35%. GameStop shares soared 688% last year, and AMC rocketed up 1,183%.</p><p>The trading action taking place in both the House and the Senate comes as some lawmakers have introduced legislation that would ban congressional buying and selling of individual stocks. Proponents of the ban say the trading of individual stocks  by U.S. lawmakers can raise conflict of interest issues. Critics of such efforts say they&#39;re going too far, and that current laws already require regular disclosures and don&#39;t allow trading on inside information.</p><p>The spokesman for Newman, the Illinois Democrat who has disclosed sizeable trading activity by her husband, said the congresswoman &#34;fully supports recently proposed legislation to limit and even ban members of Congress, their family members and senior congressional staff from trading stocks.&#34;</p><p>A spokeswoman for Toomey, the Pennsylvania Republican who disclosed GameStop trades by his son, said the senator has concerns about a potential ban on congressional stock trading.</p><p>&#34;Senator Toomey believes that forbidding elected officials from participating in the stock market will discourage qualified individuals from entering public service,&#34; Toomey&#39;s spokeswoman told MarketWatch in a statement. &#34;Moreover, he is not sure the American people want members of Congress deciding policy about the stock market without understanding how it works or what it is like to invest in stocks. That&#39;s like telling senators from an agricultural states that they can&#39;t own a farm if they want to serve in Congress. Would you really want a senator who has no experience in the agricultural industry drafting legislation on agriculture issues?&#34;</p><p>The Toomey spokeswoman also said the senator &#34;agrees that the public must have confidence its elected leaders are not using non-public information to personally profit,&#34; and that&#39;s why he voted for the STOCK Act, which &#34;expressly clarified&#34; that members of Congress are barred from insider trading. In addition, she said existing Senate Ethics Committee rules prohibit senators from &#34;knowingly introducing or aiding the passage of legislation in order to further their own financial interests.&#34;</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These U.S. lawmakers rank as the biggest traders of hot stocks like Apple, Tesla and GameStop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese U.S. lawmakers rank as the biggest traders of hot stocks like Apple, Tesla and GameStop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-06 08:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-u-s-lawmakers-rank-as-the-biggest-traders-of-hot-stocks-like-apple-tesla-and-gamestop-11643913199?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Republican Rep. Pat Fallon was the biggest trader of Apple in Congress, and Democratic Rep. Marie Newman was the biggest trader of TeslaAs U.S. lawmakers and their family members bought and sold ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-u-s-lawmakers-rank-as-the-biggest-traders-of-hot-stocks-like-apple-tesla-and-gamestop-11643913199?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4547":"WSB热门概念","BK4505":"高瓴资本持仓","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","AAPL":"苹果","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLA":"特斯拉","BK4566":"资本集团","NIO":"蔚来","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4501":"段永平概念","BK4550":"红杉资本持仓","GME":"游戏驿站","BK4076":"电脑与电子产品零售"},"source_url":"https://www.marketwatch.com/story/these-u-s-lawmakers-rank-as-the-biggest-traders-of-hot-stocks-like-apple-tesla-and-gamestop-11643913199?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208397560","content_text":"Republican Rep. Pat Fallon was the biggest trader of Apple in Congress, and Democratic Rep. Marie Newman was the biggest trader of TeslaAs U.S. lawmakers and their family members bought and sold equities last year, some of the action was in a prominent meme stock and key tech names.U.S. lawmakers traded an estimated $355 million in individual stocks last year, but which members of Congress bought and sold the hottest names?The individual stocks whose tickers drew the most interest on MarketWatch in 2021 were GameStop and AMC Entertainment -- poster boys for the meme-stocks phenomenon -- along with electric-car makers Tesla and NIO, as well as Apple.At the top of the list of the biggest traders on Capitol Hill by dollar volume of these five stocks is Rep. Pat Fallon. The Texas Republican disclosed an estimated $1.5 million in buys of Apple shares and an estimated $1.6 million in sells of the tech giant's stock, according to an analysis from 2iQ Research's Capitol Trades, which values lawmakers' purchases and sales by using the midpoint of a transaction's declared range. The congressman's office didn't respond to a request for comment.The table below, based on the Capitol Trades analysis of disclosure filings, shows the members of Congress who were the five biggest traders of Apple stock in 2021 -- or had family members who made the trades.Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021Disclosures from Democratic Rep. Marie Newman of Illinois put her as the biggest trader on Capitol Hill in Elon Musk’s Tesla, with an estimated $383,000 in buys and $375,000 in sells last year. The congresswoman’s spokesman said the Tesla trading was part of a range of transactions made by Newman’s husband.\"As part of an overall college and retirement savings program as well as to help pay for the family's extensive health care costs, Congresswoman Newman's husband for years now has conducted the family's savings accounts to invest in a variety of companies based on public information. These trades are conducted solely by her husband and are regularly disclosed in alignment with the House's current policy,\" Newman's spokesman said in a statement.The table below shows the Washington, D.C., lawmakers who were the five biggest traders of Tesla shares in 2021 -- or had family members who made the buys and sells.Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021Disclosures from Democratic Rep. Tom Suozzi of New York put him as the biggest trader in Chinese EV maker NIO, with an estimated $32,500 in sales of it last year. The congressman’s office didn’t respond to a request for comment.As shown in the table below, only one other lawmaker disclosed NIO trades.Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021Disclosures from GOP Sen. Pat Toomey of Pennsylvania put him as the biggest trader in video game retailer GameStop in 2021, with an estimated $8,000 in buys and $8,000 in sells last year. Toomey, who is retiring from the Senate, said the trades were made by an adult son, adding that he would have suggested caution if his son had discussed them with him ahead of time.\"These perfectly legal and non-controversial transactions were made by my adult son in his investment account that he controls exclusively,\" the senator told MarketWatch in a statement. \"He used only public information that was widely available at the time. The trades were made without my knowledge. I disclosed these trades in the ordinary, monthly disclosure of my, and my family's, trading activities, as required by Senate rules. Had my son asked for my advice about these trades, I would have told him the same thing I said in numerous print and television interviews: that it's a classic bubble that will end badly for most participants.\"As shown in the table below, only one other lawmaker disclosed GameStop trades.Source: Capitol Trades analysis of disclosures filed from early 2021 through mid-January 2022 covering stock trades made in 2021No members of Congress bought or sold shares of movie theater chain AMC Entertainment last year, according to Capitol Trades. Lawmakers in Washington, D.C., are required to file disclosures within 45 days for any transactions involving stocks and other securities due to 2012’s STOCK Act.Apple's stock returned 35% in 2021, while Tesla gained 50% and NIO lost 35%. GameStop shares soared 688% last year, and AMC rocketed up 1,183%.The trading action taking place in both the House and the Senate comes as some lawmakers have introduced legislation that would ban congressional buying and selling of individual stocks. Proponents of the ban say the trading of individual stocks  by U.S. lawmakers can raise conflict of interest issues. Critics of such efforts say they're going too far, and that current laws already require regular disclosures and don't allow trading on inside information.The spokesman for Newman, the Illinois Democrat who has disclosed sizeable trading activity by her husband, said the congresswoman \"fully supports recently proposed legislation to limit and even ban members of Congress, their family members and senior congressional staff from trading stocks.\"A spokeswoman for Toomey, the Pennsylvania Republican who disclosed GameStop trades by his son, said the senator has concerns about a potential ban on congressional stock trading.\"Senator Toomey believes that forbidding elected officials from participating in the stock market will discourage qualified individuals from entering public service,\" Toomey's spokeswoman told MarketWatch in a statement. \"Moreover, he is not sure the American people want members of Congress deciding policy about the stock market without understanding how it works or what it is like to invest in stocks. That's like telling senators from an agricultural states that they can't own a farm if they want to serve in Congress. Would you really want a senator who has no experience in the agricultural industry drafting legislation on agriculture issues?\"The Toomey spokeswoman also said the senator \"agrees that the public must have confidence its elected leaders are not using non-public information to personally profit,\" and that's why he voted for the STOCK Act, which \"expressly clarified\" that members of Congress are barred from insider trading. In addition, she said existing Senate Ethics Committee rules prohibit senators from \"knowingly introducing or aiding the passage of legislation in order to further their own financial interests.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098366075,"gmtCreate":1644026818672,"gmtModify":1676533883429,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Just because the price is low, it&nbsp;doesn't mean it is good to buy meta. Depends if you think it is a growth company","listText":"Just because the price is low, it&nbsp;doesn't mean it is good to buy meta. Depends if you think it is a growth company","text":"Just because the price is low, it doesn't mean it is good to buy meta. Depends if you think it is a growth company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098366075","repostId":"1108894266","repostType":4,"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091115986,"gmtCreate":1643802084062,"gmtModify":1676533857806,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091115986","repostId":"2208359928","repostType":4,"isVote":1,"tweetType":1,"viewCount":703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091112756,"gmtCreate":1643802045490,"gmtModify":1676533857799,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091112756","repostId":"2208359928","repostType":4,"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062999927,"gmtCreate":1651983410269,"gmtModify":1676535008973,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062999927","repostId":"1131831539","repostType":4,"repost":{"id":"1131831539","kind":"news","pubTimestamp":1651980653,"share":"https://ttm.financial/m/news/1131831539?lang=&edition=fundamental","pubTime":"2022-05-08 11:30","market":"us","language":"en","title":"Tesla: Overvalued By 85.26% And Not A Technology Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1131831539","media":"Seeking Alpha","summary":"SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successfu","content":"<html><head></head><body><p>Summary</p><ul><li>Make no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.</li><li>Just because Tesla is a successful company that is causing automotive titans to change from combustible engines to EVs doesn&#39;t mean Tesla&#39;s stock is a good investment today.</li><li>100% of gross profit and net income is generated from the automotive sector as Tesla&#39;s other businesses lose money, making them an automobile manufacturing company, not a technology company.</li><li>I compared Tesla&#39;s metrics to the auto industry and big tech and the results are the same, Tesla&#39;s valuation is egregious.</li></ul><p>It&#39;s rare to find companies that have cult-like followings with loyalists willing to pay any price for its stock. The debate regarding Tesla, Inc.&#39;s (NASDAQ:TSLA) valuation continues to be a topic of conversation between the bulls and the bears. Oneside argues that TSLA&#39;s financial growth and future prospects, including FSD, insurance, and robotaxis, justify the current $902.12 billion valuations, while others argue that the current financials and cult-like following have led to a massive overvaluation in TSLA&#39;s stock.</p><p>I tip my hat to Elon Musk, as his accomplishments are second to none. When others called him crazy, Mr. Musk chose one of the hardest industries to compete in, started TSLA from the ground up, went to battle against the auto manufacturers, and succeeded. TSLA is one of the rare success stories that has truly shaped an industry, and the barriers of entry that were overcome are astonishing. TSLA didn&#39;t have the capital, manufacturing, credibility, or the infrastructure that its competitors did, yet they found a way to succeed. If the odds weren&#39;t enough which TSLA faced, they accomplished their goals without a combustible engine and pioneered an entirely new sector within the automotive industry.</p><p>Just because TSLA is a great company, it doesn&#39;t mean TSLA has a great stock, or it isn&#39;t overvalued. I am not bearish on TSLA the company because I believe they still have a long runway of growth ahead of them, but I am bearish on the valuation. Prior to leaving a comment on why I am wrong, please read the article and think about the metrics I am citing; then, I will happily discuss any viewpoints about the analysis.</p><p><b>Tesla Vs. The World In The Automotive Sector</b></p><p>It feels like TSLA vs. the world whenever TSLA is discussed. Discussing who makes a better automobile is a matter of opinion, and everyone is correct because it&#39;s their opinion. If person A thinks TSLA makes the best car and person B thinks Mercedes Benz makes the best car, they are both correct. Debating over this is pointless, so let&#39;s look at the raw numbers.</p><p>TSLA has a larger market cap than the combination ofToyota(TM),Volkswagen(OTCPK:VWAGY),Daimler(OTCPK:DDAIF),BMW(OTCPK:BMWYY),General Motors(GM),Ford(F),Honda(HMC),Ferrari(RACE),Nissan(OTCPK:NSANY),Subaru(OTCPK:FUJHY),Volvo(OTCPK:VOLAF), andMazda(OTCPK:MZDAY). TSLA&#39;s market cap is currently $986.92 billion, while the combination of these 12 companies is $777.41 billion.</p><p><img src=\"https://static.tigerbbs.com/ff930d2442bf282c1bd880cca408eb94\" tg-width=\"640\" tg-height=\"327\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo</p><p>The P/S ratio is often cited to justify the valuation. The combination of TM, VWAGY, DDAIF, BMWYY, GM, F, HMC, RACE, NSANY, FUJHY, VOLAF, and MZDAY has generated $1.38 trillion in revenue over the TTM, putting their P/S at 0.56, while TSLA has generated $62.19 billion in revenue and has a 15.87 P/S.</p><p><img src=\"https://static.tigerbbs.com/c9b9661fde232925a758c38fd2e93f36\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>As a combined entity, these 12 companies have generated $118.29 billion in net income, while TSLA has produced $8.4 billion.</p><p><img src=\"https://static.tigerbbs.com/d25806eb839eb9ca2b4ef3c24218048c\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>TSLA is a great company, but its current valuation has become overly inflated. TSLA&#39;s market cap is $209.52 billion larger than these 12 auto manufacturers, yet the combination of the 12 auto manufacturers generates $1.32 trillion more in revenue and $109.89 billion more in net income.</p><p><img src=\"https://static.tigerbbs.com/a1b686de4009ca733ff9651ce0d9fcaf\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Looking at the market caps, one would assume that TSLA has a dominant majority over its competitors in auto sales within the U.S. According to the2021 data, TSLA sold 2.02% of all vehicles in the U.S. TSLA&#39;s market cap reflects a level of dominance that is non-existent.</p><p>Realistically, TSLA will have a hard time disrupting the sector further due to the price point of their vehicles. The reality is that, unless TSLA can sell a car that rivals a Honda or Toyota, doubling its market share is going to be a daunting task. It&#39;s just math. TSLA doesn&#39;t have a product for the masses, and while it may continue to grow in the luxury segment, the amount of growth that can be achieved is limited due to the pricing power of the consumer.</p><p><img src=\"https://static.tigerbbs.com/442ffe151dd83bc524785857925f9797\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"/></p><p>www.goodcarbadcar.net</p><p><b>Tesla Isn&#39;t A Technology Company And Shouldn&#39;t Be Valued As One</b></p><p>The valuation rebuttal has always been that TSLA isn&#39;t an automobile company, rather, it&#39;s a technology company.</p><p><img src=\"https://static.tigerbbs.com/bbc9ccb2cb8a0e7d40804db24e183214\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p>Page 23 ofTSLA&#39;s Q1 2022 slide deck from their earnings call is their statement of operations. Once again, 100% of TSLA&#39;s gross profit and net income are derived from automobiles. Energy generation and storage lose money as it generates $616 million in revenue while the cost of this revenue is $688 million. The same goes for Services and others, as this segment generates $1.279 billion in revenue while the cost of this revenue is $1.286 billion. This doesn&#39;t even factor in operating expenses.</p><p>TSLA manufacturers state of the art automobiles, but this doesn&#39;t classify them as a technology company, nor should they be classified as one. Since this is always the rebuttal and technology companies trade at larger earnings multiples, I will compare TSLA to Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG) (GOOGL), and Meta Platforms (FB) and illustrate why TSLA is still drastically overvalued if the market was still to provide it with a tech multiple.</p><p>Prior to the comparisons, I want to frame the analysis by providing each company&#39;s market cap:</p><ul><li>AAPL $2.69 Trillion</li><li>MSFT $2.17 Trillion</li><li>GOOGL $1.62 Trillion</li><li>AMZN $1.28 Trillion</li><li>TSLA $986.92 Billion</li><li>FB $604.62 Billion</li></ul><p>I am going to start with growth because this is always the key metric bulls point out. Since the close of 2018, which is 3.25 fiscal years, TSLA has grown its revenue from $21.46 billion to $62.19 billion.</p><p>This is absolutely remarkable, but it doesn&#39;t place TSLA in the upper epsilon of technology companies. Over the same period, FB grew its revenue by $63.83 billion, which is more than what TSLA produced in the TTM. FB grew its revenue by more than what TSLA produces and generates just about double the revenue ($119.67 billion), yet TSLA has a larger market cap. For everyone who has used growth as their investment premise, FB having a market cap that&#39;s $382.30 less than TSLA nullifies that aspect of the bull thesis. AMZN&#39;s market cap is only $294.33 billion larger than TSLA, yet they generated $477.75 billion in revenue and grew their revenue by $341.76 billion in this period. Using revenue growth for TSLA doesn&#39;t support the valuation.</p><p><img src=\"https://static.tigerbbs.com/3c0fbd4eb93f026c4575ee8f77f53e4b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Next, I will turn to profits because, at the end of the day, businesses are in the business of making money. Once again, TSLA has done a fantastic job of monetizing its business and, in 3.25 short years, has gone from losing -$976 million to make $8.4 billion in the TTM for an increase of $9.38 billion. FB has produced $37.34 billion in profit in the TTM, and its net income grew by $15.23 billion over this period. Using growth doesn&#39;t support the valuation when FB has a market cap that&#39;s $382.30 less than TSLA and grew its profits in this period by almost double what TSLA has generated in the TTM.</p><p><img src=\"https://static.tigerbbs.com/c9716477607711ee0b6d4f77eb24c890\" tg-width=\"640\" tg-height=\"382\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>The new metric bulls are using in their thesis is TSLA&#39;s free cash flow (FCF). Once again, TSLA has done an excellent job, going from -$221 million of FCF in 2018 to $6.93 billion of FCF in the TTM. Many companies would love to grow their annual FCF by $7.15 billion over a 3.25-year period, and this should be applauded.</p><p>Let&#39;s look at FB once again, since TSLA&#39;s valuation isn&#39;t based on its core segment as an automobile manufacturer. FB has grown its FCF over the previous 3.25 years by $23.45 billion, more than 3x TSLA&#39;s growth, and has generated $39.81 billion of FCF in the TTM. FB generated roughly 5.75x more FCF than TSLA and grew its FCF by more than 3x what TSLA produces, yet FB has a market cap that&#39;s almost $400 billion less than TSLA. Growth within the financials does not support TSLA&#39;s valuation, which is a breath away from $1 trillion.</p><p><img src=\"https://static.tigerbbs.com/902a7074eda9e8f2f2765e0833423d2c\" tg-width=\"640\" tg-height=\"373\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Today you&#39;re paying a 113.81 P/E for TSLA. Paying a larger multiple for a company that&#39;s growing its earnings quickly is normal, but TSLA isn&#39;t growing by larger amounts than FB, and FB trades at a 16.66 P/E. I have seen TSLA bulls justify the P/E because of TSLA&#39;s growth factor, but this doesn&#39;t hold up when FB has grown by larger amounts from larger starting positions and has a P/E that&#39;s a fraction of TSLA. Look at AAPL, which is the largest company in the world. AAPL has grown its net income by $56.25 billion and its FCF by $52.3 billion over the past 3.25 years, and its P/E is 26.78. People are blindly paying any multiple the market places on TSLA.</p><p><img src=\"https://static.tigerbbs.com/75168f6e39ced721cf0c53d78481a983\" tg-width=\"614\" tg-height=\"335\" referrerpolicy=\"no-referrer\"/>TSLA is trading at a 15.38 P/S. The justification for this multiple is difficult to defend while AMZN trades at a P/S of 11.31. AMZN&#39;s revenue grew by $341.76 billion over the past 3.25 years while TSLA grew their revenue by $40.73 billion. Instead of an absolute basis, looking at this from a percentage aspect, TSLA grew its revenue by 189.78%, while AMZN&#39;s grew by 251.32%. The P/S ratio is not a supporting valuation metric as TSLA is trading at a larger multiple than AMZN yet produced $301.03 billion less in revenue growth compared to AMZN. At the very least, TSLA should trade at a lower P/S multiple than AMZN considering their revenue growth was a fraction of AMZN&#39;s.</p><p><img src=\"https://static.tigerbbs.com/aad00a6c490808962705a1a2dae45cfe\" tg-width=\"608\" tg-height=\"338\" referrerpolicy=\"no-referrer\"/>TSLA has done an excellent job monetizing its revenue, delivering exceptional margins, and generating FCF. Now that TSLA is generating billions in FCF, it&#39;s been inserted into the bull thesis. FCF is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet. FCF could be the most underrated and most important financial metric to look at, as this is the pool of capital that companies can utilize to repay debt, pay dividends, buy back shares, make acquisitions, or reinvest in the business.</p><p>Every investment is the present value of all future cash flow. This is why investors look at the price to FCF valuation. Investors want to pay the cheapest multiple for a company&#39;s FCF. Today, you&#39;re paying 142.52x TSLA&#39;s FCF. Going back to the FCF section, TSLA grew its FCF by $7.15 billion over the past 3.25 years. FB generated $23.45 billion of FCF in this period, which is 3x the amount TSLA grew, yet FB is trading at a 15.19x multiple on price to FCF.</p><p>Why on earth would you want to pay 142.52x for TSLA&#39;s FCF when you could pay 15.19x for FB, which is growing their FCF by more than 3x the amount that TSLA is growing by? How about AAPL? AAPL grew its FCF by $52.3 billion and trades at a 25.4x price to FCF. If I exclude FB for a moment, should TSLA trade at a larger FCF multiple than GOOGL, which has grown its FCF by $46.15 billion over the past 3.25 years? My answer is no because there is no guarantee that TSLA will ever generate $46.15 billion in annual FCF, let alone the $68.99 billion in FCF that GOOGL generates.</p><p>So what is a fair price to FCF multiple for TSLA? I don&#39;t believe TSLA has earned the right to trade at the same multiples as the rest of big tech considering the levels of FCF they produce. If I stick with the methodology that FB is egregiously undervalued, then TSLA should trade above 15.19x its FCF but lower than the 23.42x multiple GOOGL trades at.</p><p>I don&#39;t want to be overly bearish, so I will place a 21x multiple on TSLA&#39;s FCF, which is more than fair considering big tech metrics. A 21x multiple on TSLA&#39;s FCF puts its market cap at $145.43 billion, which is -85.26% from its current market cap of $986.92 billion. It&#39;s just math, and if TSLA is going to be valued as a technology company, it needs to be compared to the technology companies with similar market caps.</p><p>At the very least, there isn&#39;t a single reason why TSLA&#39;s market cap is larger than FB&#39;s. There isn&#39;t a single metric that TSLA beats FB in. Based on FB&#39;s valuation, if TSLA traded at the same FCF multiple, it would have a market cap of $105.19 billion.</p><p><img src=\"https://static.tigerbbs.com/b81a61d60d9ec098276569cc4a501da0\" tg-width=\"627\" tg-height=\"341\" referrerpolicy=\"no-referrer\"/>TSLA has a gross profit margin of 27.1% ($16.85b / $62.19b) and a profit margin of 13.51% ($8.4b / $62.19b). FB has a gross profit margin of 80.34% ($96.14b / $119.67b) and a profit margin of 31.2% ($37.34b / $119.67b). FB has much wider margins and is growing its revenue by larger amounts. This reinforces my methodology as to why TSLA is grossly overvalued. GOOGL has a gross profit margin of 56.93% ($153.9b / $270.33b) and a profit margin of 27.57% ($74.54b / $270.33b).</p><p>The chances are incredibly slim that TSLA can double its profit margin to be within striking distance of GOOGL&#39;s. TSLA should not trade at a larger FCF, P/E, or P/S multiple than FB or GOOGL. While the market would indicate that I am wrong today, eventually, the hype will wear off, and TSLA will trade at a realistic valuation.</p><p><b>TSLA&#39;s Future Catalysts Have A Long Way To Go Before Impacting Its Bottom Line</b></p><p>There are three main catalysts people discuss, which include insurance, robotaxis, and FSD.TSLA offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X, and Model Y owners. The catch is that it&#39;s only available in Arizona, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia as of now.</p><p>TSLA uses a safety rating score to determine the monthly premium for its vehicles. At the largest premium of $130/mo, this would be $1,560 per year. If TSLA converted 100% of their U.S sales in 2021 as an insurance customer, which I think could be possible if TSLA insurance was available in every state, it would have generated $471.12 million in revenue.</p><p>We have no idea what the margins would have been, but if the margin was 50%, it would have been an additional $235.56 million in net income in 2021. While this is nothing to sneeze at, an additional $235.56 million in net income hardly moves the needle. This could be a $1 billion top-line revenue segment in the future, but with availability in only 7 states, insurance&#39;s $1 billion revenue mark is a long way away.</p><p><img src=\"https://static.tigerbbs.com/e86de6232b9abf7cee46a9607eb09741\" tg-width=\"640\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p>Next,FSD, for which TSLA has created two subscription models, a $99/mo price point and a $199/mo price point. The problem with FSD is that it doesn&#39;t make the vehicle fully autonomous, and you still need a driver to be attentive and alert. While I am not arguing that TSLA&#39;s FSD isn&#39;t leaps and bounds ahead of the competition, the problem is that it&#39;s not exactly a self-driving car.</p><p>The questions around legality and where you can use it pop into my head, and how many of TSLA&#39;s drivers opt for this upgrade. Until there is clear legislation and the technology advances to where vehicles can fully drive a person from point A to B while that person takes a nap or reads, I have a hard time believing enough TSLA owners will spend the extra $199/mo on FSD. If there is somewhere where TSLA produces the numbers about how many owners opt for this package, please let me know, and I will crunch the numbers.</p><p>Which Features Come With My Subscription?</p><blockquote>The FSD capability features you receive are based on your configuration and location. Not all features are available in all markets, and features are subject to change.Learn more about Autopilot and Full Self-Driving capability features.</blockquote><blockquote><i>Note: These features are designed to become more capable over time; however the currently enabled features do not make the vehicle autonomous. The currently enabled features require a fully attentive driver, who has their hands on the wheel and is prepared to take over at any moment.</i></blockquote><p>The last catalyst is Robotaxis which many have commented on in my articles before. We&#39;re so far off on Robotaxis that this can&#39;t be considered in TSLA&#39;s upcoming revenue. I would think major legislation would be needed for Robotaxis to exist, and there is no telling how many years away we are from this.</p><p>Also, what is the percentage of TSLA owners that would actually allow their vehicle to be used as a Robotaxi? Depending on what the profitability is, I can see people buying TSLAs to enroll them in this program, but, once again, we need to see the economics behind it. I know I am just one opinion, but I would never enroll one of my cars into a robotaxi program because I don&#39;t want other people that I don&#39;t know in my car. I would think there are many others that have similar viewpoints.</p><p>The real upcoming catalysts are future revenue growth and entering the Chinese market. In 2021 TSLA grew its YoY revenue by 70.67%, and their off to a great start after Q1 2022. Only time will tell what type of growth rate TSLA can maintain, but too many people are assuming that TSLA will obliterate the competition. Over the next several years, we could see TSLA&#39;s growth rate become significantly reduced as more luxury operators put EVs on the road.</p><p>At TSLA&#39;s current margins, they would need to increase their revenue by 444.55% to $276.47 billion to produce the same amount of net income ($37.34b) that FB produces today at their current 13.51% profit margin. Maybe TSLA can get there in the future, but why should TSLA be valued at almost $1 trillion today, considering not a single metric of theirs is similar to FB or GOOGL, and TSLA&#39;s growth across any of the sectors isn&#39;t larger than FB or GOOGL?</p><p><b>Tesla Continues To Dilute Shareholders, And Almost No Shareholders Care</b></p><p>Dilution kills shareholder value. Look, I am a shareholder of TSLA, and I hate that my shares continue to be diluted. These numbers are split-adjusted that I am using. Over the past decade,TSLA has diluted its shares by 80.93%. This is horrible compared to big tech, yet investors can&#39;t buy enough TSLA shares. TSLA finished 2012 with 572.6 million shares and, as of its last filing, had increased its outstanding shares to 1.036 billion shares.</p><p>This is the equivalent of me taking a pizza, and instead of giving you a slice, cutting another 6.5 slices, then giving you one. The pizza represents TSLA, the company, and they basically turned an 8-slice pie into a 14.5-slice pie, reducing shareholder&#39;s ownership and the amount of equity, revenue, and EPS our shares represent.</p><p>If you want to see what a true shepherd of shareholder value looks like, turn to AAPL. In 2012 AAPL had 26.3 billion shares outstanding. Over the past decade, AAPL has repurchased 10.09 billion shares, reducing its outstanding shares by 38.37%. Every quarter, AAPL is buying back shares and increasing the ownership its shares represent. TSLA, on the other hand, continues to dilute shareholders by increasing shares YOY.</p><p><b>I Could Be Completely Wrong, And Tesla Could Continue Growing At These Rates</b></p><p>TSLA&#39;s vehicle deliveries continue to outpace its growing production. YoY TSLA&#39;s deliveries increased by 68% in Q1, adding 125,171 delivered vehicles to its customers. TSLA just began Model Y deliveries from the Austin facility, and production at the Gigafactory in Berlin started in March of 2022. TSLA&#39;s Shanghai facility had strong production rates prior to the spike in COVID that resulted in temporary shutdowns. TSLA isn&#39;t just focusing on the U.S, they have Europe and China in their sights.</p><p>EVs accounted for 488,000 sales in the U.S for 2021, and the previous projection was that EVs would account for 670,000 units sold in 2022. Oil has hovered around $100 per barrel and could render the previous projections of 37% increased EV sales domestically for 2022 conservative. TSLA is in a prime position to capitalize on this trend. In 2021 TSLA vehicles accounted for 61.89% of EVs sold in the U.S (301,998 / 488,000).</p><p>Hypothetically, if the previous projection of 670,000 EV sales for 2022 is accurate and TSLA maintains its current margin, they would sell 414,628 vehicles throughout the U.S in 2022. If gas prices do alter the decision-making process when deciding between a combustible engine or an EV, then TSLA could continue surprising the market with QoQ earnings beats.</p><p>The U.S has a national goal of reaching 50% of domestic auto sales coming from EVs. In 2021, EVs accounted for 3.26% of total sales in the U.S auto market. Based on U.S auto sales in 2021, annual EV sales would need to grow by 6,989,403 to reach a 50% EV to combustible engine ratio. Hypothetically if U.S auto sales stayed flat but EVs reached 50% of the market in 2030 they would sell 7,477,403 vehicles. If TSLA&#39;s dominance in the EV sector was to drop from 61.89% to 15% due to increased competition, they would generate 1,121,610 in sales compared to 301,998 in 2021. When you add in Europe and China, TSLA certainly has the ability to become a top auto manufacturer by sales next decade.</p><p>Bulls aren&#39;t incorrect to be excited about TSLA. The world is moving toward EVs, and TSLA is the crème de la crème. As I said in the beginning, I am bullish about TSLA&#39;s future prospects, but I think the valuation today is overinflated. Nobody can predict the future, but I have no doubt that TSLA will continue to grow its sales YoY.</p><p>The question becomes, how much growth will they be able to achieve YoY? In 2021, TM generated $226.48 billion of revenue and, based on the future of EVs, TSLA certainly could achieve this level of revenue in the future. Based on TSLA&#39;s current 13.51% profit margin, if they achieved TM&#39;s level of revenue, they would generate $30.59 billion of net income, which would definitely make today&#39;s valuation look more realistic.</p><p><img src=\"https://static.tigerbbs.com/93c9176fa9bebc2c940e038cafd23229\" tg-width=\"603\" tg-height=\"631\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p><b>Conclusion</b></p><p>You&#39;re probably wondering how I can be a shareholder and be a bear on TSLA&#39;s valuation at the same time. It&#39;s simple; my wife bought shares of TSLA, which makes me a shareholder. My stance has always been bullish on the company and bearish on the valuation. What Elon Musk and the team at TSLA has accomplished is astonishing, and they deserve nothing but respect.</p><p>Keep in mind a company and a company&#39;s stock are two separate things. TSLA continues to dilute shareholders, and they and the market are valuing TSLA as if it&#39;s FB or GOOGL. TSLA is not a technology company; it&#39;s an automobile company, as the automotive segments drive 100% of its gross revenue and net income.</p><p>TSLA is trading at a P/E of 113.81, a P/S of 15.38, and a 142.52x multiple on its FCF. The numbers are drastically inflated as TSLA has no business trading at a larger P/S multiple than AMZN, which trades at 11.31 P/S when it has grown its revenue by $341.76 billion over the previous 3.25 years compared to TSLA&#39;s $40.73 billion of revenue growth. TSLA has generated $6.93 billion in FCF over the TTM, while Mr. Market has placed a 142.52x multiple on TSLA due to $7.15 billion FCF growth over the past 3.25 years. FB trades at a 15.19x FCF multiple while growing FCF by $23.45 billion over this period which is more than 3x what TSLA has generated in the TTM.</p><p>With FB trading at 15.19x FCF, GOOGL at 23.42x FCF, and AAPL at 25.4x FCF, it&#39;s hard to justify any number above 20x for TSLA. I think a 21x FCF multiple is generous and that places TSLA at a market cap of $145.43 billion, which is -85.26% from its current market cap of $986.92 billion.</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>Tesla: Overvalued By 85.26% And Not A Technology Company</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\">\nTesla: Overvalued By 85.26% And Not A Technology Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-08 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131831539","content_text":"SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successful company that is causing automotive titans to change from combustible engines to EVs doesn't mean Tesla's stock is a good investment today.100% of gross profit and net income is generated from the automotive sector as Tesla's other businesses lose money, making them an automobile manufacturing company, not a technology company.I compared Tesla's metrics to the auto industry and big tech and the results are the same, Tesla's valuation is egregious.It's rare to find companies that have cult-like followings with loyalists willing to pay any price for its stock. The debate regarding Tesla, Inc.'s (NASDAQ:TSLA) valuation continues to be a topic of conversation between the bulls and the bears. Oneside argues that TSLA's financial growth and future prospects, including FSD, insurance, and robotaxis, justify the current $902.12 billion valuations, while others argue that the current financials and cult-like following have led to a massive overvaluation in TSLA's stock.I tip my hat to Elon Musk, as his accomplishments are second to none. When others called him crazy, Mr. Musk chose one of the hardest industries to compete in, started TSLA from the ground up, went to battle against the auto manufacturers, and succeeded. TSLA is one of the rare success stories that has truly shaped an industry, and the barriers of entry that were overcome are astonishing. TSLA didn't have the capital, manufacturing, credibility, or the infrastructure that its competitors did, yet they found a way to succeed. If the odds weren't enough which TSLA faced, they accomplished their goals without a combustible engine and pioneered an entirely new sector within the automotive industry.Just because TSLA is a great company, it doesn't mean TSLA has a great stock, or it isn't overvalued. I am not bearish on TSLA the company because I believe they still have a long runway of growth ahead of them, but I am bearish on the valuation. Prior to leaving a comment on why I am wrong, please read the article and think about the metrics I am citing; then, I will happily discuss any viewpoints about the analysis.Tesla Vs. The World In The Automotive SectorIt feels like TSLA vs. the world whenever TSLA is discussed. Discussing who makes a better automobile is a matter of opinion, and everyone is correct because it's their opinion. If person A thinks TSLA makes the best car and person B thinks Mercedes Benz makes the best car, they are both correct. Debating over this is pointless, so let's look at the raw numbers.TSLA has a larger market cap than the combination ofToyota(TM),Volkswagen(OTCPK:VWAGY),Daimler(OTCPK:DDAIF),BMW(OTCPK:BMWYY),General Motors(GM),Ford(F),Honda(HMC),Ferrari(RACE),Nissan(OTCPK:NSANY),Subaru(OTCPK:FUJHY),Volvo(OTCPK:VOLAF), andMazda(OTCPK:MZDAY). TSLA's market cap is currently $986.92 billion, while the combination of these 12 companies is $777.41 billion.Steven FiorilloThe P/S ratio is often cited to justify the valuation. The combination of TM, VWAGY, DDAIF, BMWYY, GM, F, HMC, RACE, NSANY, FUJHY, VOLAF, and MZDAY has generated $1.38 trillion in revenue over the TTM, putting their P/S at 0.56, while TSLA has generated $62.19 billion in revenue and has a 15.87 P/S.Steven Fiorillo, Seeking AlphaAs a combined entity, these 12 companies have generated $118.29 billion in net income, while TSLA has produced $8.4 billion.Steven Fiorillo, Seeking AlphaTSLA is a great company, but its current valuation has become overly inflated. TSLA's market cap is $209.52 billion larger than these 12 auto manufacturers, yet the combination of the 12 auto manufacturers generates $1.32 trillion more in revenue and $109.89 billion more in net income.Steven Fiorillo, Seeking AlphaLooking at the market caps, one would assume that TSLA has a dominant majority over its competitors in auto sales within the U.S. According to the2021 data, TSLA sold 2.02% of all vehicles in the U.S. TSLA's market cap reflects a level of dominance that is non-existent.Realistically, TSLA will have a hard time disrupting the sector further due to the price point of their vehicles. The reality is that, unless TSLA can sell a car that rivals a Honda or Toyota, doubling its market share is going to be a daunting task. It's just math. TSLA doesn't have a product for the masses, and while it may continue to grow in the luxury segment, the amount of growth that can be achieved is limited due to the pricing power of the consumer.www.goodcarbadcar.netTesla Isn't A Technology Company And Shouldn't Be Valued As OneThe valuation rebuttal has always been that TSLA isn't an automobile company, rather, it's a technology company.TeslaPage 23 ofTSLA's Q1 2022 slide deck from their earnings call is their statement of operations. Once again, 100% of TSLA's gross profit and net income are derived from automobiles. Energy generation and storage lose money as it generates $616 million in revenue while the cost of this revenue is $688 million. The same goes for Services and others, as this segment generates $1.279 billion in revenue while the cost of this revenue is $1.286 billion. This doesn't even factor in operating expenses.TSLA manufacturers state of the art automobiles, but this doesn't classify them as a technology company, nor should they be classified as one. Since this is always the rebuttal and technology companies trade at larger earnings multiples, I will compare TSLA to Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG) (GOOGL), and Meta Platforms (FB) and illustrate why TSLA is still drastically overvalued if the market was still to provide it with a tech multiple.Prior to the comparisons, I want to frame the analysis by providing each company's market cap:AAPL $2.69 TrillionMSFT $2.17 TrillionGOOGL $1.62 TrillionAMZN $1.28 TrillionTSLA $986.92 BillionFB $604.62 BillionI am going to start with growth because this is always the key metric bulls point out. Since the close of 2018, which is 3.25 fiscal years, TSLA has grown its revenue from $21.46 billion to $62.19 billion.This is absolutely remarkable, but it doesn't place TSLA in the upper epsilon of technology companies. Over the same period, FB grew its revenue by $63.83 billion, which is more than what TSLA produced in the TTM. FB grew its revenue by more than what TSLA produces and generates just about double the revenue ($119.67 billion), yet TSLA has a larger market cap. For everyone who has used growth as their investment premise, FB having a market cap that's $382.30 less than TSLA nullifies that aspect of the bull thesis. AMZN's market cap is only $294.33 billion larger than TSLA, yet they generated $477.75 billion in revenue and grew their revenue by $341.76 billion in this period. Using revenue growth for TSLA doesn't support the valuation.Steven Fiorillo, Seeking AlphaNext, I will turn to profits because, at the end of the day, businesses are in the business of making money. Once again, TSLA has done a fantastic job of monetizing its business and, in 3.25 short years, has gone from losing -$976 million to make $8.4 billion in the TTM for an increase of $9.38 billion. FB has produced $37.34 billion in profit in the TTM, and its net income grew by $15.23 billion over this period. Using growth doesn't support the valuation when FB has a market cap that's $382.30 less than TSLA and grew its profits in this period by almost double what TSLA has generated in the TTM.Steven Fiorillo, Seeking AlphaThe new metric bulls are using in their thesis is TSLA's free cash flow (FCF). Once again, TSLA has done an excellent job, going from -$221 million of FCF in 2018 to $6.93 billion of FCF in the TTM. Many companies would love to grow their annual FCF by $7.15 billion over a 3.25-year period, and this should be applauded.Let's look at FB once again, since TSLA's valuation isn't based on its core segment as an automobile manufacturer. FB has grown its FCF over the previous 3.25 years by $23.45 billion, more than 3x TSLA's growth, and has generated $39.81 billion of FCF in the TTM. FB generated roughly 5.75x more FCF than TSLA and grew its FCF by more than 3x what TSLA produces, yet FB has a market cap that's almost $400 billion less than TSLA. Growth within the financials does not support TSLA's valuation, which is a breath away from $1 trillion.Steven Fiorillo, Seeking AlphaToday you're paying a 113.81 P/E for TSLA. Paying a larger multiple for a company that's growing its earnings quickly is normal, but TSLA isn't growing by larger amounts than FB, and FB trades at a 16.66 P/E. I have seen TSLA bulls justify the P/E because of TSLA's growth factor, but this doesn't hold up when FB has grown by larger amounts from larger starting positions and has a P/E that's a fraction of TSLA. Look at AAPL, which is the largest company in the world. AAPL has grown its net income by $56.25 billion and its FCF by $52.3 billion over the past 3.25 years, and its P/E is 26.78. People are blindly paying any multiple the market places on TSLA.TSLA is trading at a 15.38 P/S. The justification for this multiple is difficult to defend while AMZN trades at a P/S of 11.31. AMZN's revenue grew by $341.76 billion over the past 3.25 years while TSLA grew their revenue by $40.73 billion. Instead of an absolute basis, looking at this from a percentage aspect, TSLA grew its revenue by 189.78%, while AMZN's grew by 251.32%. The P/S ratio is not a supporting valuation metric as TSLA is trading at a larger multiple than AMZN yet produced $301.03 billion less in revenue growth compared to AMZN. At the very least, TSLA should trade at a lower P/S multiple than AMZN considering their revenue growth was a fraction of AMZN's.TSLA has done an excellent job monetizing its revenue, delivering exceptional margins, and generating FCF. Now that TSLA is generating billions in FCF, it's been inserted into the bull thesis. FCF is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet. FCF could be the most underrated and most important financial metric to look at, as this is the pool of capital that companies can utilize to repay debt, pay dividends, buy back shares, make acquisitions, or reinvest in the business.Every investment is the present value of all future cash flow. This is why investors look at the price to FCF valuation. Investors want to pay the cheapest multiple for a company's FCF. Today, you're paying 142.52x TSLA's FCF. Going back to the FCF section, TSLA grew its FCF by $7.15 billion over the past 3.25 years. FB generated $23.45 billion of FCF in this period, which is 3x the amount TSLA grew, yet FB is trading at a 15.19x multiple on price to FCF.Why on earth would you want to pay 142.52x for TSLA's FCF when you could pay 15.19x for FB, which is growing their FCF by more than 3x the amount that TSLA is growing by? How about AAPL? AAPL grew its FCF by $52.3 billion and trades at a 25.4x price to FCF. If I exclude FB for a moment, should TSLA trade at a larger FCF multiple than GOOGL, which has grown its FCF by $46.15 billion over the past 3.25 years? My answer is no because there is no guarantee that TSLA will ever generate $46.15 billion in annual FCF, let alone the $68.99 billion in FCF that GOOGL generates.So what is a fair price to FCF multiple for TSLA? I don't believe TSLA has earned the right to trade at the same multiples as the rest of big tech considering the levels of FCF they produce. If I stick with the methodology that FB is egregiously undervalued, then TSLA should trade above 15.19x its FCF but lower than the 23.42x multiple GOOGL trades at.I don't want to be overly bearish, so I will place a 21x multiple on TSLA's FCF, which is more than fair considering big tech metrics. A 21x multiple on TSLA's FCF puts its market cap at $145.43 billion, which is -85.26% from its current market cap of $986.92 billion. It's just math, and if TSLA is going to be valued as a technology company, it needs to be compared to the technology companies with similar market caps.At the very least, there isn't a single reason why TSLA's market cap is larger than FB's. There isn't a single metric that TSLA beats FB in. Based on FB's valuation, if TSLA traded at the same FCF multiple, it would have a market cap of $105.19 billion.TSLA has a gross profit margin of 27.1% ($16.85b / $62.19b) and a profit margin of 13.51% ($8.4b / $62.19b). FB has a gross profit margin of 80.34% ($96.14b / $119.67b) and a profit margin of 31.2% ($37.34b / $119.67b). FB has much wider margins and is growing its revenue by larger amounts. This reinforces my methodology as to why TSLA is grossly overvalued. GOOGL has a gross profit margin of 56.93% ($153.9b / $270.33b) and a profit margin of 27.57% ($74.54b / $270.33b).The chances are incredibly slim that TSLA can double its profit margin to be within striking distance of GOOGL's. TSLA should not trade at a larger FCF, P/E, or P/S multiple than FB or GOOGL. While the market would indicate that I am wrong today, eventually, the hype will wear off, and TSLA will trade at a realistic valuation.TSLA's Future Catalysts Have A Long Way To Go Before Impacting Its Bottom LineThere are three main catalysts people discuss, which include insurance, robotaxis, and FSD.TSLA offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X, and Model Y owners. The catch is that it's only available in Arizona, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia as of now.TSLA uses a safety rating score to determine the monthly premium for its vehicles. At the largest premium of $130/mo, this would be $1,560 per year. If TSLA converted 100% of their U.S sales in 2021 as an insurance customer, which I think could be possible if TSLA insurance was available in every state, it would have generated $471.12 million in revenue.We have no idea what the margins would have been, but if the margin was 50%, it would have been an additional $235.56 million in net income in 2021. While this is nothing to sneeze at, an additional $235.56 million in net income hardly moves the needle. This could be a $1 billion top-line revenue segment in the future, but with availability in only 7 states, insurance's $1 billion revenue mark is a long way away.TeslaNext,FSD, for which TSLA has created two subscription models, a $99/mo price point and a $199/mo price point. The problem with FSD is that it doesn't make the vehicle fully autonomous, and you still need a driver to be attentive and alert. While I am not arguing that TSLA's FSD isn't leaps and bounds ahead of the competition, the problem is that it's not exactly a self-driving car.The questions around legality and where you can use it pop into my head, and how many of TSLA's drivers opt for this upgrade. Until there is clear legislation and the technology advances to where vehicles can fully drive a person from point A to B while that person takes a nap or reads, I have a hard time believing enough TSLA owners will spend the extra $199/mo on FSD. If there is somewhere where TSLA produces the numbers about how many owners opt for this package, please let me know, and I will crunch the numbers.Which Features Come With My Subscription?The FSD capability features you receive are based on your configuration and location. Not all features are available in all markets, and features are subject to change.Learn more about Autopilot and Full Self-Driving capability features.Note: These features are designed to become more capable over time; however the currently enabled features do not make the vehicle autonomous. The currently enabled features require a fully attentive driver, who has their hands on the wheel and is prepared to take over at any moment.The last catalyst is Robotaxis which many have commented on in my articles before. We're so far off on Robotaxis that this can't be considered in TSLA's upcoming revenue. I would think major legislation would be needed for Robotaxis to exist, and there is no telling how many years away we are from this.Also, what is the percentage of TSLA owners that would actually allow their vehicle to be used as a Robotaxi? Depending on what the profitability is, I can see people buying TSLAs to enroll them in this program, but, once again, we need to see the economics behind it. I know I am just one opinion, but I would never enroll one of my cars into a robotaxi program because I don't want other people that I don't know in my car. I would think there are many others that have similar viewpoints.The real upcoming catalysts are future revenue growth and entering the Chinese market. In 2021 TSLA grew its YoY revenue by 70.67%, and their off to a great start after Q1 2022. Only time will tell what type of growth rate TSLA can maintain, but too many people are assuming that TSLA will obliterate the competition. Over the next several years, we could see TSLA's growth rate become significantly reduced as more luxury operators put EVs on the road.At TSLA's current margins, they would need to increase their revenue by 444.55% to $276.47 billion to produce the same amount of net income ($37.34b) that FB produces today at their current 13.51% profit margin. Maybe TSLA can get there in the future, but why should TSLA be valued at almost $1 trillion today, considering not a single metric of theirs is similar to FB or GOOGL, and TSLA's growth across any of the sectors isn't larger than FB or GOOGL?Tesla Continues To Dilute Shareholders, And Almost No Shareholders CareDilution kills shareholder value. Look, I am a shareholder of TSLA, and I hate that my shares continue to be diluted. These numbers are split-adjusted that I am using. Over the past decade,TSLA has diluted its shares by 80.93%. This is horrible compared to big tech, yet investors can't buy enough TSLA shares. TSLA finished 2012 with 572.6 million shares and, as of its last filing, had increased its outstanding shares to 1.036 billion shares.This is the equivalent of me taking a pizza, and instead of giving you a slice, cutting another 6.5 slices, then giving you one. The pizza represents TSLA, the company, and they basically turned an 8-slice pie into a 14.5-slice pie, reducing shareholder's ownership and the amount of equity, revenue, and EPS our shares represent.If you want to see what a true shepherd of shareholder value looks like, turn to AAPL. In 2012 AAPL had 26.3 billion shares outstanding. Over the past decade, AAPL has repurchased 10.09 billion shares, reducing its outstanding shares by 38.37%. Every quarter, AAPL is buying back shares and increasing the ownership its shares represent. TSLA, on the other hand, continues to dilute shareholders by increasing shares YOY.I Could Be Completely Wrong, And Tesla Could Continue Growing At These RatesTSLA's vehicle deliveries continue to outpace its growing production. YoY TSLA's deliveries increased by 68% in Q1, adding 125,171 delivered vehicles to its customers. TSLA just began Model Y deliveries from the Austin facility, and production at the Gigafactory in Berlin started in March of 2022. TSLA's Shanghai facility had strong production rates prior to the spike in COVID that resulted in temporary shutdowns. TSLA isn't just focusing on the U.S, they have Europe and China in their sights.EVs accounted for 488,000 sales in the U.S for 2021, and the previous projection was that EVs would account for 670,000 units sold in 2022. Oil has hovered around $100 per barrel and could render the previous projections of 37% increased EV sales domestically for 2022 conservative. TSLA is in a prime position to capitalize on this trend. In 2021 TSLA vehicles accounted for 61.89% of EVs sold in the U.S (301,998 / 488,000).Hypothetically, if the previous projection of 670,000 EV sales for 2022 is accurate and TSLA maintains its current margin, they would sell 414,628 vehicles throughout the U.S in 2022. If gas prices do alter the decision-making process when deciding between a combustible engine or an EV, then TSLA could continue surprising the market with QoQ earnings beats.The U.S has a national goal of reaching 50% of domestic auto sales coming from EVs. In 2021, EVs accounted for 3.26% of total sales in the U.S auto market. Based on U.S auto sales in 2021, annual EV sales would need to grow by 6,989,403 to reach a 50% EV to combustible engine ratio. Hypothetically if U.S auto sales stayed flat but EVs reached 50% of the market in 2030 they would sell 7,477,403 vehicles. If TSLA's dominance in the EV sector was to drop from 61.89% to 15% due to increased competition, they would generate 1,121,610 in sales compared to 301,998 in 2021. When you add in Europe and China, TSLA certainly has the ability to become a top auto manufacturer by sales next decade.Bulls aren't incorrect to be excited about TSLA. The world is moving toward EVs, and TSLA is the crème de la crème. As I said in the beginning, I am bullish about TSLA's future prospects, but I think the valuation today is overinflated. Nobody can predict the future, but I have no doubt that TSLA will continue to grow its sales YoY.The question becomes, how much growth will they be able to achieve YoY? In 2021, TM generated $226.48 billion of revenue and, based on the future of EVs, TSLA certainly could achieve this level of revenue in the future. Based on TSLA's current 13.51% profit margin, if they achieved TM's level of revenue, they would generate $30.59 billion of net income, which would definitely make today's valuation look more realistic.TeslaConclusionYou're probably wondering how I can be a shareholder and be a bear on TSLA's valuation at the same time. It's simple; my wife bought shares of TSLA, which makes me a shareholder. My stance has always been bullish on the company and bearish on the valuation. What Elon Musk and the team at TSLA has accomplished is astonishing, and they deserve nothing but respect.Keep in mind a company and a company's stock are two separate things. TSLA continues to dilute shareholders, and they and the market are valuing TSLA as if it's FB or GOOGL. TSLA is not a technology company; it's an automobile company, as the automotive segments drive 100% of its gross revenue and net income.TSLA is trading at a P/E of 113.81, a P/S of 15.38, and a 142.52x multiple on its FCF. The numbers are drastically inflated as TSLA has no business trading at a larger P/S multiple than AMZN, which trades at 11.31 P/S when it has grown its revenue by $341.76 billion over the previous 3.25 years compared to TSLA's $40.73 billion of revenue growth. TSLA has generated $6.93 billion in FCF over the TTM, while Mr. Market has placed a 142.52x multiple on TSLA due to $7.15 billion FCF growth over the past 3.25 years. FB trades at a 15.19x FCF multiple while growing FCF by $23.45 billion over this period which is more than 3x what TSLA has generated in the TTM.With FB trading at 15.19x FCF, GOOGL at 23.42x FCF, and AAPL at 25.4x FCF, it's hard to justify any number above 20x for TSLA. I think a 21x FCF multiple is generous and that places TSLA at a market cap of $145.43 billion, which is -85.26% from its current market cap of $986.92 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098623206,"gmtCreate":1644117976236,"gmtModify":1676533891918,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098623206","repostId":"1168447978","repostType":4,"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062999791,"gmtCreate":1651983479713,"gmtModify":1676535008990,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>free","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>free","text":"$Apple(AAPL)$free","images":[{"img":"https://community-static.tradeup.com/news/11898ebe6f8985b1917b3fc011876d8d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062999791","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9098621065,"gmtCreate":1644117996062,"gmtModify":1676533891926,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098621065","repostId":"1116988981","repostType":4,"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098623133,"gmtCreate":1644117964058,"gmtModify":1676533891903,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098623133","repostId":"1191168289","repostType":4,"repost":{"id":"1191168289","kind":"news","pubTimestamp":1644117026,"share":"https://ttm.financial/m/news/1191168289?lang=&edition=fundamental","pubTime":"2022-02-06 11:10","market":"us","language":"en","title":"Airbnb: 67% Growth, 49% Margins, 8% Of Market Cap Is Cash","url":"https://stock-news.laohu8.com/highlight/detail?id=1191168289","media":"Seeking Alpha","summary":"SummaryAt one point Airbnb was a victim of the pandemic. It now stands to benefit from pent-up deman","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>At one point Airbnb was a victim of the pandemic. It now stands to benefit from pent-up demand.</li><li>Airbnb has seen a complete recovery over pre-pandemic levels and recently generated 37% GAAP net margins.</li><li>The company has $7.9 billion of cash on its balance sheet, making up 8% of the market cap.</li><li>I rate the stock a buy based on prospects for strong financials as travelers outstrip lodging supply.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3514f07cf8a34c9082c368af602ddbe\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"/><span>brizmaker/iStock via Getty Images</span></p><p>Airbnb (ABNB) has been an unexpected COVID winner. The company initially suffered its share of struggles including having to issue debt at double-digit interest rates just to make it through the initial months of the pandemic. Yet since then, ABNB has seen a strong recovery in its underlying business and has even been able to tease its ultimate margin potential. The recent volatility in tech stocks has led to a pullback in ABNB stock, providing for an attractive entry point. I rate the stock a buy for long term investors.</p><p><b>Airbnb Stock Price</b></p><p>ABNB came public in late 2020, pricing its stock at $68 per share but ultimately closing just under $145 per share. After the recent slide, the stock is now priced at more or less the same level.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e374f5c1ec845b0f673b379c39a535f\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"/><span>YCharts</span></p><p><b>Airbnb Earnings</b></p><p>ABNB’s latest earnings report showed a continued rebound from pandemic lows, as revenues grew 67% year over year and 36% over 2019 levels.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9678a7e20013c53f54e8f17f65639953\" tg-width=\"1280\" tg-height=\"483\" width=\"100%\" height=\"auto\"/><span>Airbnb 2021 Q3 Shareholder Letter</span></p><p>As we can see below, nights booked remained 7% lower than the third quarter of 2019, but the higher pricing more than made up for it.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63f127313c086f650a41c2515be7428b\" tg-width=\"1280\" tg-height=\"610\" width=\"100%\" height=\"auto\"/><span>Airbnb 2021 Q3 Shareholder Letter</span></p><p>While there has been much coverage of the potential for higher oil prices, one must wonder just how strong ABNB’s business will be over the next several years as consumers start traveling again. I expect the strong pricing to continue at least in the near term as demand may far exceed supply for quite some time.</p><p>The biggest surprise has been in profitability. ABNB generated an impressive 49% adjusted EBITDA margin in the quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/936f4d2f4f12fcb35c983693a7078989\" tg-width=\"1280\" tg-height=\"476\" width=\"100%\" height=\"auto\"/><span>Airbnb 2021 Q3 Shareholder Letter</span></p><p>Because ABNB is a tech platform company, it does not have much in terms of capital expenditure spend - making adjusted EBITDA a close proxy for free cash flow. Don’t like non-GAAP numbers? ABNB generated $834 million in GAAP net income, good for a 37% net margin.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b6234300316584c168a1f2d7520e4d4e\" tg-width=\"1280\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>Airbnb 2021 Q3 Shareholder Letter</span></p><p>I wouldn’t count on the strong margins to persist for too long, as I expect the company to reinvest the profits in favor of growing market share. Nonetheless, the company has guided for the next quarter to see continued margin surprise. Further, my outlook may prove too conservative as traveling activity may pick up over the coming years as the public feels safe enough to travel again. I, for one, am dying to travel again.</p><p><b>Is Airbnb Stock A Buy, Sell, or Hold?</b></p><p>If we were to only look at consensus earnings estimates, the stock might not look so cheap. We can see that ABNB trades just under 14x 2030e earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da1ab65d4f4ef1cfbd339ea899f157ba\" tg-width=\"1280\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha</span></p><p>Based on the projected 18% exit growth rate, I could see ABNB trading at a 1.5x price to earnings growth ratio (‘PEG ratio’), or around 27x earnings. That suggests only 100% upside over the next nine years, for annualized returns of 8%. ABNB’s strong margin profile does arguably warrant a higher multiple, but 8% returns aren’t going to cut it in the current environment. The key is to understand that the 2030 estimate for earnings represents only a 26% net margin relative to the 2030 estimate for revenues.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aef8057939ac77f0d4ca5ed82b19b527\" tg-width=\"1280\" tg-height=\"462\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha</span></p><p>Considering the company just generated 37% net margins in the latest quarter, consensus earnings estimates appear to be too conservative.</p><p>ABNB has $7.9 billion of cash &amp; equivalents on its balance sheet - making up over 8% of the current market cap. It also has $2 billion of 2026 convertible notes which have a conversion price of $360.80 per share (net of capped calls). I expect ABNB to eventually earn 50% net margins in the long term. Again using a 1.5x PEG ratio, I could see ABNB trading at 11x sales in 2030. That represents 13% annual returns, which may be a satisfactory value proposition considering the lower risk profile of the business. I see the growth persisting due to the company taking market share in the hospitality business, as well as making inroads in the long term rental business and, eventually taking market share from the “normal” hotel business as well. The main risk to the thesis involves competition from the likes of Expedia (EXPE) and Booking (BKNG), and more importantly, Alphabet (GOOGL). ABNB has historically spent far less than EXPE and BKNG on sales &amp; marketing, perhaps due to its brand loyalty. Investors should keep a close watch on that metric because the high profit margins are critical in justifying the current valuation. Largely due to the prospects of elevated revenues and earnings over the next several years, I rate the stock a buy as the valuation offers attractive upside over the long term.</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>Airbnb: 67% Growth, 49% Margins, 8% Of Market Cap Is Cash</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\">\nAirbnb: 67% Growth, 49% Margins, 8% Of Market Cap Is Cash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-06 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4484542-airbnb-67-percent-growth-49-percent-margins-8-percent-of-market-cap-is-cash><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAt one point Airbnb was a victim of the pandemic. It now stands to benefit from pent-up demand.Airbnb has seen a complete recovery over pre-pandemic levels and recently generated 37% GAAP net ...</p>\n\n<a href=\"https://seekingalpha.com/article/4484542-airbnb-67-percent-growth-49-percent-margins-8-percent-of-market-cap-is-cash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://seekingalpha.com/article/4484542-airbnb-67-percent-growth-49-percent-margins-8-percent-of-market-cap-is-cash","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191168289","content_text":"SummaryAt one point Airbnb was a victim of the pandemic. It now stands to benefit from pent-up demand.Airbnb has seen a complete recovery over pre-pandemic levels and recently generated 37% GAAP net margins.The company has $7.9 billion of cash on its balance sheet, making up 8% of the market cap.I rate the stock a buy based on prospects for strong financials as travelers outstrip lodging supply.brizmaker/iStock via Getty ImagesAirbnb (ABNB) has been an unexpected COVID winner. The company initially suffered its share of struggles including having to issue debt at double-digit interest rates just to make it through the initial months of the pandemic. Yet since then, ABNB has seen a strong recovery in its underlying business and has even been able to tease its ultimate margin potential. The recent volatility in tech stocks has led to a pullback in ABNB stock, providing for an attractive entry point. I rate the stock a buy for long term investors.Airbnb Stock PriceABNB came public in late 2020, pricing its stock at $68 per share but ultimately closing just under $145 per share. After the recent slide, the stock is now priced at more or less the same level.YChartsAirbnb EarningsABNB’s latest earnings report showed a continued rebound from pandemic lows, as revenues grew 67% year over year and 36% over 2019 levels.Airbnb 2021 Q3 Shareholder LetterAs we can see below, nights booked remained 7% lower than the third quarter of 2019, but the higher pricing more than made up for it.Airbnb 2021 Q3 Shareholder LetterWhile there has been much coverage of the potential for higher oil prices, one must wonder just how strong ABNB’s business will be over the next several years as consumers start traveling again. I expect the strong pricing to continue at least in the near term as demand may far exceed supply for quite some time.The biggest surprise has been in profitability. ABNB generated an impressive 49% adjusted EBITDA margin in the quarter.Airbnb 2021 Q3 Shareholder LetterBecause ABNB is a tech platform company, it does not have much in terms of capital expenditure spend - making adjusted EBITDA a close proxy for free cash flow. Don’t like non-GAAP numbers? ABNB generated $834 million in GAAP net income, good for a 37% net margin.Airbnb 2021 Q3 Shareholder LetterI wouldn’t count on the strong margins to persist for too long, as I expect the company to reinvest the profits in favor of growing market share. Nonetheless, the company has guided for the next quarter to see continued margin surprise. Further, my outlook may prove too conservative as traveling activity may pick up over the coming years as the public feels safe enough to travel again. I, for one, am dying to travel again.Is Airbnb Stock A Buy, Sell, or Hold?If we were to only look at consensus earnings estimates, the stock might not look so cheap. We can see that ABNB trades just under 14x 2030e earnings.Seeking AlphaBased on the projected 18% exit growth rate, I could see ABNB trading at a 1.5x price to earnings growth ratio (‘PEG ratio’), or around 27x earnings. That suggests only 100% upside over the next nine years, for annualized returns of 8%. ABNB’s strong margin profile does arguably warrant a higher multiple, but 8% returns aren’t going to cut it in the current environment. The key is to understand that the 2030 estimate for earnings represents only a 26% net margin relative to the 2030 estimate for revenues.Seeking AlphaConsidering the company just generated 37% net margins in the latest quarter, consensus earnings estimates appear to be too conservative.ABNB has $7.9 billion of cash & equivalents on its balance sheet - making up over 8% of the current market cap. It also has $2 billion of 2026 convertible notes which have a conversion price of $360.80 per share (net of capped calls). I expect ABNB to eventually earn 50% net margins in the long term. Again using a 1.5x PEG ratio, I could see ABNB trading at 11x sales in 2030. That represents 13% annual returns, which may be a satisfactory value proposition considering the lower risk profile of the business. I see the growth persisting due to the company taking market share in the hospitality business, as well as making inroads in the long term rental business and, eventually taking market share from the “normal” hotel business as well. The main risk to the thesis involves competition from the likes of Expedia (EXPE) and Booking (BKNG), and more importantly, Alphabet (GOOGL). ABNB has historically spent far less than EXPE and BKNG on sales & marketing, perhaps due to its brand loyalty. Investors should keep a close watch on that metric because the high profit margins are critical in justifying the current valuation. Largely due to the prospects of elevated revenues and earnings over the next several years, I rate the stock a buy as the valuation offers attractive upside over the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098623302,"gmtCreate":1644117941453,"gmtModify":1676533891919,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098623302","repostId":"2209347958","repostType":4,"repost":{"id":"2209347958","kind":"highlight","pubTimestamp":1644118258,"share":"https://ttm.financial/m/news/2209347958?lang=&edition=fundamental","pubTime":"2022-02-06 11:30","market":"us","language":"en","title":"These 3 Stocks Could 10x Your Money by 2035","url":"https://stock-news.laohu8.com/highlight/detail?id=2209347958","media":"Motley Fool","summary":"Holding a diverse mix of high-quality stocks could allow your portfolio to flourish in over a decade.","content":"<html><head></head><body><p>For investors looking to create life-changing wealth, often the best way to do so is through a simple buy-and-hold strategy. For example, if you invested $10,000 in <b>Microsoft</b> 10 years ago, you would now have over $97,000 -- almost a 10x return on your money. If you can find high-quality companies and hold them relentlessly -- even through hard times and recessions -- you have the opportunity to build immense wealth for yourself.</p><p>You could employ this strategy today, kick-starting a potentially fruitful journey. <b>Nvidia</b> (NASDAQ:NVDA), <b>Doximity</b> (NYSE:DOCS), and <b>fuboTV</b> (NYSE:FUBO) have extremely large addressable markets and rock-solid competitive advantages over their competitors, and I think these companies could flourish for the next 13 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0f453fa4260674c781e8037cafd380fc\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Nvidia</h2><p>As the market leader in high-performance graphics processing units (GPUs), Nvidia&#39;s chips are used in nearly everything, including gaming, full-self-driving vehicles, data centers, and even in building out the metaverse. This wide optionality and its leadership in the space have allowed the company to generate third-quarter revenue of $7.1 billion, net income of $2.5 billion, and free cash flow of $1.3 billion.</p><p>Chips are in extremely high demand right now, and this demand will only increase over the next decade as more artificial intelligence, data, and other new technologies enter the world. The majority of these systems need hundreds of chips to operate, and Nvidia is leading the pack in the production of these chips, quickly gaining market share. In the fiscal year 2019 (the calendar year 2018), the company brought in $11.7 billion in revenue, but this fiscal year, the company is expecting to bring in $26.7 billion -- representing 128% growth over that period.</p><p>This growth, however, comes at a high price. Nvidia shares trade at 69 times earnings and 78 times free cash flow, which are extremely high multiples. Nvidia&#39;s market cap is currently over $600 billion, so 10Xing over the next 13 years is not an easy feat. However,  considering how dominant the company has been in the past and how Nvidia&#39;s chips will likely play a major role in the future, the company has the potential to produce incredible returns over the next decade.</p><p>The data center market is expected to be worth $65 billion by 2026 and $54 billion for the gaming GPU market by 2025. Because Nvidia has a dominant market share in both of those industries, I wouldn&#39;t be surprised if Nvidia can continue to dominate these industries over the coming years as it becomes a staple of technology.</p><h2>Doximity</h2><p>Doximity has become the primary social media and work platform for healthcare professionals, offering them the ability to provide telehealth services, speak with patients as well as other doctors, and learn about the newest drugs and practices in their field. This has made Doximity the all-in-one app healthcare professionals need for their professional lives. As a result, over 80% of physicians and 90% of medical students are on Doximity.</p><p>Like Nvidia, Doximity trades at a high multiple of 31 times sales -- even after the company fell 58% off its all-time high. However, this extremely high multiple might be justified. Doximity has a dominant market share in the space, yet the company is growing rapidly and is profitable. In its most recent quarter, the company grew its revenue 76% year over year to $79 million, and 45% of that turned into net income for the quarter.</p><p>Doximity has little room for future growth in terms of adding users to its platform, but the expansion in the number of  advertisers on the platform -- where Doximity earns its revenue from -- has lots of potential going forward. Drug manufacturers and healthcare companies looking to hire medical professionals advertise on Doximity, and the company estimates that it has a $7.3 billion market opportunity in just growing the number of advertisers on the platform. With a total market worth $18.5 billion, there is plenty of room for the company to flourish over the next decade considering it is expecting just $327 million in full-year revenue.</p><h2>fuboTV</h2><p>One of the main reasons consumers still have their cable television is because of the inability to stream live sports or news on popular services like <b>Netflix</b>, but fubo is trying to change that. It is becoming a pure-play service that focuses specifically on streaming live sports of all kinds, and it is seeing rapid adoption because of it. In the third quarter of 2021, the company reported 945,000 subscribers -- representing growth of 108% year over year.</p><p>This is small, especially compared to other streaming stocks like Netflix, which has almost 222 million subscribers across the world. Despite this large opportunity, the company is not valued for future success. Fubo trades at just 2.4 times sales -- a rock-bottom multiple, especially for a company growing at triple-digit rates. This is low compared to streaming services like Netflix, which trades at 5.6 times sales despite slower growth.</p><p>In a Pew Research poll, 56% of Americans said they have cable television, so the trend of cutting the cord is still in full swing. If fubo can become the primary streaming service that these Americans switch to for their live TV, then fubo has an incredible opportunity to expand their customer count. With less than 1 million users today, fubo is trying to attract roughly 100 million consumers, making its market opportunity immense to say the very least. This huge growth potential could allow fubo to more than 10X if it can successfully penetrate this market, and as one of the only providers focusing on live TV, fubo looks poised to do so, which is why I think it can 10X from here by 2035.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Stocks Could 10x Your Money by 2035</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 Stocks Could 10x Your Money by 2035\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-06 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/05/these-3-stocks-could-10x-your-money-by-2035/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For investors looking to create life-changing wealth, often the best way to do so is through a simple buy-and-hold strategy. For example, if you invested $10,000 in Microsoft 10 years ago, you would ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/05/these-3-stocks-could-10x-your-money-by-2035/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4548":"巴美列捷福持仓","BK4539":"次新股","BK4524":"宅经济概念","BK4551":"寇图资本持仓","BK4554":"元宇宙及AR概念","BK4077":"互动媒体与服务","BK4167":"医疗保健技术","BK4567":"ESG概念","FUBO":"fuboTV Inc.","BK4141":"半导体产品","BK4543":"AI","BK4534":"瑞士信贷持仓","DOCS":"Doximity, Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","NVDA":"英伟达","BK4108":"电影和娱乐","NFLX":"奈飞","BK4529":"IDC概念","BK4549":"软银资本持仓","BK4527":"明星科技股","BK4566":"资本集团","BK4532":"文艺复兴科技持仓","BK4507":"流媒体概念"},"source_url":"https://www.fool.com/investing/2022/02/05/these-3-stocks-could-10x-your-money-by-2035/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209347958","content_text":"For investors looking to create life-changing wealth, often the best way to do so is through a simple buy-and-hold strategy. For example, if you invested $10,000 in Microsoft 10 years ago, you would now have over $97,000 -- almost a 10x return on your money. If you can find high-quality companies and hold them relentlessly -- even through hard times and recessions -- you have the opportunity to build immense wealth for yourself.You could employ this strategy today, kick-starting a potentially fruitful journey. Nvidia (NASDAQ:NVDA), Doximity (NYSE:DOCS), and fuboTV (NYSE:FUBO) have extremely large addressable markets and rock-solid competitive advantages over their competitors, and I think these companies could flourish for the next 13 years.Image source: Getty Images.NvidiaAs the market leader in high-performance graphics processing units (GPUs), Nvidia's chips are used in nearly everything, including gaming, full-self-driving vehicles, data centers, and even in building out the metaverse. This wide optionality and its leadership in the space have allowed the company to generate third-quarter revenue of $7.1 billion, net income of $2.5 billion, and free cash flow of $1.3 billion.Chips are in extremely high demand right now, and this demand will only increase over the next decade as more artificial intelligence, data, and other new technologies enter the world. The majority of these systems need hundreds of chips to operate, and Nvidia is leading the pack in the production of these chips, quickly gaining market share. In the fiscal year 2019 (the calendar year 2018), the company brought in $11.7 billion in revenue, but this fiscal year, the company is expecting to bring in $26.7 billion -- representing 128% growth over that period.This growth, however, comes at a high price. Nvidia shares trade at 69 times earnings and 78 times free cash flow, which are extremely high multiples. Nvidia's market cap is currently over $600 billion, so 10Xing over the next 13 years is not an easy feat. However,  considering how dominant the company has been in the past and how Nvidia's chips will likely play a major role in the future, the company has the potential to produce incredible returns over the next decade.The data center market is expected to be worth $65 billion by 2026 and $54 billion for the gaming GPU market by 2025. Because Nvidia has a dominant market share in both of those industries, I wouldn't be surprised if Nvidia can continue to dominate these industries over the coming years as it becomes a staple of technology.DoximityDoximity has become the primary social media and work platform for healthcare professionals, offering them the ability to provide telehealth services, speak with patients as well as other doctors, and learn about the newest drugs and practices in their field. This has made Doximity the all-in-one app healthcare professionals need for their professional lives. As a result, over 80% of physicians and 90% of medical students are on Doximity.Like Nvidia, Doximity trades at a high multiple of 31 times sales -- even after the company fell 58% off its all-time high. However, this extremely high multiple might be justified. Doximity has a dominant market share in the space, yet the company is growing rapidly and is profitable. In its most recent quarter, the company grew its revenue 76% year over year to $79 million, and 45% of that turned into net income for the quarter.Doximity has little room for future growth in terms of adding users to its platform, but the expansion in the number of  advertisers on the platform -- where Doximity earns its revenue from -- has lots of potential going forward. Drug manufacturers and healthcare companies looking to hire medical professionals advertise on Doximity, and the company estimates that it has a $7.3 billion market opportunity in just growing the number of advertisers on the platform. With a total market worth $18.5 billion, there is plenty of room for the company to flourish over the next decade considering it is expecting just $327 million in full-year revenue.fuboTVOne of the main reasons consumers still have their cable television is because of the inability to stream live sports or news on popular services like Netflix, but fubo is trying to change that. It is becoming a pure-play service that focuses specifically on streaming live sports of all kinds, and it is seeing rapid adoption because of it. In the third quarter of 2021, the company reported 945,000 subscribers -- representing growth of 108% year over year.This is small, especially compared to other streaming stocks like Netflix, which has almost 222 million subscribers across the world. Despite this large opportunity, the company is not valued for future success. Fubo trades at just 2.4 times sales -- a rock-bottom multiple, especially for a company growing at triple-digit rates. This is low compared to streaming services like Netflix, which trades at 5.6 times sales despite slower growth.In a Pew Research poll, 56% of Americans said they have cable television, so the trend of cutting the cord is still in full swing. If fubo can become the primary streaming service that these Americans switch to for their live TV, then fubo has an incredible opportunity to expand their customer count. With less than 1 million users today, fubo is trying to attract roughly 100 million consumers, making its market opportunity immense to say the very least. This huge growth potential could allow fubo to more than 10X if it can successfully penetrate this market, and as one of the only providers focusing on live TV, fubo looks poised to do so, which is why I think it can 10X from here by 2035.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098365926,"gmtCreate":1644027069993,"gmtModify":1676533883482,"author":{"id":"4106881059812860","authorId":"4106881059812860","name":"4565f8d0","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106881059812860","authorIdStr":"4106881059812860"},"themes":[],"htmlText":"Follow","listText":"Follow","text":"Follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098365926","repostId":"9098384590","repostType":1,"repost":{"id":9098384590,"gmtCreate":1644025989463,"gmtModify":1676533883281,"author":{"id":"4103929380960260","authorId":"4103929380960260","name":"RPGold","avatar":"https://static.itradeup.com/news/7b411b17585df3db54c94d5ebe3e8ce3","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4103929380960260","authorIdStr":"4103929380960260"},"themes":[],"title":"Stock vouchers","htmlText":"Hi, I am new with Tiger, I have a question to consult - I bought 5 stocks lately but why I only received 2 vouchers rebate? (I have 5 vouchers as a referral).I have checked and confirmed I have met the criteria... Am I missing something?&nbsp;Thx in advance.","listText":"Hi, I am new with Tiger, I have a question to consult - I bought 5 stocks lately but why I only received 2 vouchers rebate? (I have 5 vouchers as a referral).I have checked and confirmed I have met the criteria... Am I missing something?&nbsp;Thx in advance.","text":"Hi, I am new with Tiger, I have a question to consult - I bought 5 stocks lately but why I only received 2 vouchers rebate? (I have 5 vouchers as a referral).I have checked and confirmed I have met the criteria... Am I missing something? Thx in advance.","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098384590","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}