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Terrens
Terrens
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2025-02-07
Deposit funds with Tiger Brokers
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Terrens
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2025-02-07
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2025-01-20
Deposit funds with Tiger Brokers
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Terrens
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2025-01-01
Deposit funds with Tiger Brokers
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Terrens
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2024-10-17
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Terrens
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2021-06-30
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Good stocks fall out of the golden pit, why do you choose to cut the meat?
近期,A股市场持续分化,消费、医药、科技三大主线依旧向好,其他不少板块却震荡不已,尤其是里面一些龙头个股,明明是人人看好的好公司,却跌个不停,持续考验着投资者的信心。 面对好股票持续下跌,越来越多的投
Good stocks fall out of the golden pit, why do you choose to cut the meat?
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Terrens
Terrens
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2021-06-29
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Nayuki's tea lottery winning rate is 8%, and 40 lots are subscribed to secure one lot
6月29日消息,本周二奈雪的茶发布公告,公司发行2.57亿股股份,每股定价19.8港元,每手500股,预期将于6月30日上市。分配结果: 甲组每手500股,一手中签率8%,认购40手稳中一手。 乙组头
Nayuki's tea lottery winning rate is 8%, and 40 lots are subscribed to secure one lot
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Terrens
Terrens
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2021-06-27
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International oil prices are "triumphing", and the market is waiting for next week's OPEC + meeting
本周,受国际油价持续上涨影响,能化系期货品种大幅走强,但板块间各品种走势却出现分化。其中,LPG和沥青期货走势偏强。 “与原油相比,今年沥青一直处于偏弱状态,主要是自身基本面出了较大的问题。”招金期货
International oil prices are "triumphing", and the market is waiting for next week's OPEC + meeting
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Terrens
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2021-06-26
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Terrens
Terrens
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2021-06-25
Ok//
@Kenwen
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5 High-Octane Growth Stocks With 54% to 94% Upside, According to Wall Street
If analysts are correct, this assortment of rapidly growing companies could deliver big-time returns
5 High-Octane Growth Stocks With 54% to 94% Upside, According to Wall Street
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10:02","market":"sh","language":"zh","title":"Good stocks fall out of the golden pit, why do you choose to cut the meat?","url":"https://stock-news.laohu8.com/highlight/detail?id=1133732318","media":"苏宁金融研究院","summary":"近期,A股市场持续分化,消费、医药、科技三大主线依旧向好,其他不少板块却震荡不已,尤其是里面一些龙头个股,明明是人人看好的好公司,却跌个不停,持续考验着投资者的信心。\n面对好股票持续下跌,越来越多的投","content":"<p>Recently, the A-share market has continued to differentiate. The three main lines of consumption, medicine, and technology are still improving, while many other sectors are fluctuating, especially some leading stocks, which are obviously good companies that everyone is optimistic about, but they keep falling. Continue to test investors' confidence.</p><p>Faced with the continuous decline of good stocks, more and more investors choose to cut their meat, because they really can't stand the inner suffering, hoping that after cutting their meat, it will be over. Psychologically, you may get temporary relief, but you can't hold good stocks. In the long run, investing and getting rich will become empty talk.</p><p><b>A-share industry differentiation</b></p><p>Strictly speaking, the bull market since 2019 is only a bull market for some industries, and many industries are in a bear market.</p><p><b>Taking the ten-year trend since 2010 as the measurement range, there are still many industries whose quantile value of P/E is lower than 10%, that is, the level of P/E is lower than 90% of the trading days in the past ten years, and it is at the bottom of the valuation range; At the same time, there are also some industries whose P/E quantile reaches or even exceeds 90%, which is at the top of the valuation range.</b></p><p>On June 23, 2021, the P/E quantiles of the five industries of real estate (0.2%), architectural decoration (1.7%), agriculture, forestry, animal husbandry and fishery (5.9%), media (9%), and non-bank finance (9.4%) were all lower than 10%. At the same time, the P/E quantiles of food and beverage (95.1%), leisure services (89.7%), and automobiles (89.7%) were around 90%, showing obvious polarization.</p><p><img src=\"https://static.tigerbbs.com/0e5a5386dd588efa779e3aa097423dd6\" tg-width=\"730\" tg-height=\"324\" referrerpolicy=\"no-referrer\"></p><p>Putting aside A-shares, let's first discuss a question from the perspective of investment philosophy. As an investor, do you agree with the following view, that is, in the long run, buying and holding industries with low P/E will significantly perform better than buying and holding industries with high P/E.</p><p>As far as the idea theory is concerned, I believe many investors recognize it. Everyone believes that \"buying at an underestimate and holding it for a long time\" is the only way to make money through investment. This is why many people call themselves value investors.</p><p>But if we return to the reality of A-shares, the current P/E in real estate, architectural decoration, non-bank finance and other industries are at historical lows. Are you willing to buy now and hold it for a long time?</p><p>I believe<b>Once it returns to reality, many people will hesitate, because everyone can easily find a lot of reasons to look down on these industries.</b>For example, in the real estate and building decoration industries, investors will say that the big logic is broken due to factors such as housing for living and not speculation, and the aging population; Another example is the insurance industry. Everyone thinks that the downward trend of long-term interest rates suppresses the investment income of insurance companies, and the Internet makes the competition of insurance products transparent, which will lower the underwriting profits of insurance products, and so on.</p><p>Similarly, from the perspective of investment philosophy, everyone praises Buffett's \"fear when others are greedy, and be greedy when others are fearful\" and deeply agrees with it; However, under the financial crisis in 2008, the stock market fell so hard that people were vomiting. When Buffett issued a document calling on everyone to buy stocks, few people responded, because in the specific market environment at that time, everyone could easily find a bunch of reasons to be bearish.</p><p>It can be seen that buying or holding stocks that are not favored by the market is never easy.</p><p><b>\"This time is different\"</b></p><p>Many investment gurus have said the same thing. The five most expensive words in investment are \"this time is different\".</p><p>The 17th century Dutch tulip bubble was the most influential recorded speculative bubble event in human history, and people learned many lessons from it, including that any bubble will burst; In the South China Sea bubble incident 100 years later, investors thought that \"this time is different\". As a result, the bubble still burst and a large number of investors went bankrupt; Until the Internet speculative bubble in the 1990s, investors still thought that \"this time is different\". As a result, the bubble still burst and a large number of investors went bankrupt.</p><p>This is true during the bubble period, and so is the panic phase.</p><p><b>Talking about ideas in terms of ideas, investors believe in mean reversion, believe that trees will not grow to the sky, believe that others are greedy and I am afraid, and others are afraid and I am greedy; But when returning to investment reality, you can always find various reasons to convince yourself that \"this time is different\" until you pay a huge price.</b>Three or five years later, everyone will forget the lesson again and continue the story of \"this time is different\", repeatedly.</p><p>Only a few people can jump out of this strange circle and maintain stable investment returns for a long time. These investors rely on believing in common sense and mean reversion. Especially at a specific point in time, do not dwell on the optimistic or pessimistic views of the mainstream of the market, but look at the problem from a higher level and a farther perspective, so as to move against the trend. As Peter Lynch put it;</p><p>\"Whenever I feel worried and disappointed about the current big picture, I try to focus on the'even bigger picture '. If you expect yourself to maintain confidence in the stock market, you must understand the concept of'bigger picture'. The'bigger picture 'is to look at the stock market from a longer and longer perspective.\" From this passage, it can be seen that Peter Lynch didn't convince himself from a rational or logical point of view that the current situation was not worthy of worry. On the contrary, he also thought that the situation was worrying and disappointing. In order to avoid this emotion, he used a longer and farther perspective to convince himself not to be afraid.</p><p>In the final analysis,<b>When the market falls into panic, outstanding investors do not refute the market from facts, but broaden their eyes, defeat short-term rationality with long-term rationality, and defeat panic with simple common sense.</b></p><p>Going back to A-shares, if an investor holds insurance stocks, the current P/E of the insurance sector is at the bottom of ten years (0.9%). From the perspective of long-term mean reversion, now is the best time to hold firmly and wait for a reversal. However, if we focus on the fundamentals of the industry, many problems have not been answered in the short term, and there is no hope for the stock price to fall. It seems that \"the bottom of this valuation is different.\"</p><p><img src=\"https://static.tigerbbs.com/90c593b63faa09c6219f83f6c2be0f54\" tg-width=\"730\" tg-height=\"394\" referrerpolicy=\"no-referrer\"></p><p>In fact, it is precisely because it is often difficult to make choices purely from the level of logical analysis that investors need to rely on the investment system to assist in decision-making.</p><p><b>Jump out of a logical dead end</b></p><p><b>Any investment system contains many principles of mechanical operation. It is by relying on these principles that investors can jump out of the dead end of logic and grasp the bigger situation.</b></p><p>Under the value investment system, mean reversion is the core belief. When fundamentals and market sentiment are at odds with it, value investors should stand on the side of mean reversion, otherwise they will not be able to have the courage to hold against the trend.</p><p>For example, during the financial crisis in 2008, there was no hope in the fundamentals, and the stock market plummeted. At this time, value investors bought at the bottom, not seeing hope from the Fed's rescue policy, but based on the belief of \"mean reversion\". Mechanical buying. To put it bluntly, it is not because I have a lot of confidence, but purely because the stock market has fallen too badly, so I bought it.</p><p>Howard Marks once recalled this history. He had a product with leverage. At the worst of the crisis, he once raised supplementary funds from a pension institution. Howard started from the historical average and explained to investors the winning rate of capital injection at this time. As a result, he was repeatedly asked, \"What if the situation was worse?\"</p><p>Obviously, investors at this time no longer care about the historical average performance, and began to pursue 100% certainty in extreme market environments, giving up the most basic odds thinking. No one can guarantee 100% certainty. As a result, Howard failed to raise funds, so he had to supplement the funds out of his own pocket.</p><p>In hindsight, Howard made a lot of money, but he stressed that being correct afterwards did not mean that the decision was 100% correct beforehand. All he can grasp when making decisions is a firm belief in reversion to the mean. He firmly believes that buying at that time will have a very high winning rate.</p><p>For investors,<b>Under no circumstances can you go into a logical dead end because of the extravagance of 100% certainty. What really matters is to always be skeptical. When pessimism breeds greater pessimism, investors need to rely on skepticism to summon optimism; When optimistic situations breed greater optimism, it is also necessary to rely on skepticism to summon pessimism.</b></p><p>Similarly, investors in current A-share sectors such as insurance, when the sector P/E is close to the bottom of history, if they are still struggling with the short-term performance of fundamentals, isn't it unrealistic to pursue 100% certainty? What we really need to do at this time is to embrace skepticism, use skepticism to summon optimism, hold firmly with the belief that \"if we fall too much, we will inevitably rise back\", and even buy against the trend.</p><p><b>The market is sluggish, but it is a friend of value investing</b></p><p>No matter what genre, making money in stock trading is inseparable from four words: buy low and sell high. From the perspective of value investment, the fundamentals corresponding to buying low and selling high must be short-term pessimism and long-term optimism, so as to ensure that the price is low when buying in front and high when selling later. Therefore, the market is sluggish, which is a friend of value investing.</p><p><b>When the stock you hold keeps falling, check its fundamentals and repeatedly judge the medium and long-term development prospects. As long as the medium and long-term prospects are promising and the stock price falls, what falls is a buying opportunity.</b></p><p>So, when you are right, learn to persist and be more patient. Finally, we conclude with an example given by Philip A. Fisher:</p><p>\"We ask a man to look at the moon at 8 o'clock in the evening, and then tell him that with the passage of time, the moon will slide across the sky. He will gaze at the motion of the moon with great interest and concentration, but he can't feel it. So, he just watches it quietly. By 8:02, there was still no change in the position of the moon. After a minute, there was still no movement, and after another minute, everything remained the same, so he had to give up in disappointment. He didn't think it meaningless or worthless. But at 2 o'clock in the morning, when he looked up at the sky again, he found that the magical change that had made him impatient at 8: 04 pm finally appeared. \"</p>","source":"lsy1568689437122","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>Good stocks fall out of the golden pit, why do you choose to cut the meat?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nGood stocks fall out of the golden pit, why do you choose to cut the meat?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">苏宁金融研究院</strong><span class=\"h-time small\">2021-06-30 10:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Recently, the A-share market has continued to differentiate. The three main lines of consumption, medicine, and technology are still improving, while many other sectors are fluctuating, especially some leading stocks, which are obviously good companies that everyone is optimistic about, but they keep falling. Continue to test investors' confidence.</p><p>Faced with the continuous decline of good stocks, more and more investors choose to cut their meat, because they really can't stand the inner suffering, hoping that after cutting their meat, it will be over. Psychologically, you may get temporary relief, but you can't hold good stocks. In the long run, investing and getting rich will become empty talk.</p><p><b>A-share industry differentiation</b></p><p>Strictly speaking, the bull market since 2019 is only a bull market for some industries, and many industries are in a bear market.</p><p><b>Taking the ten-year trend since 2010 as the measurement range, there are still many industries whose quantile value of P/E is lower than 10%, that is, the level of P/E is lower than 90% of the trading days in the past ten years, and it is at the bottom of the valuation range; At the same time, there are also some industries whose P/E quantile reaches or even exceeds 90%, which is at the top of the valuation range.</b></p><p>On June 23, 2021, the P/E quantiles of the five industries of real estate (0.2%), architectural decoration (1.7%), agriculture, forestry, animal husbandry and fishery (5.9%), media (9%), and non-bank finance (9.4%) were all lower than 10%. At the same time, the P/E quantiles of food and beverage (95.1%), leisure services (89.7%), and automobiles (89.7%) were around 90%, showing obvious polarization.</p><p><img src=\"https://static.tigerbbs.com/0e5a5386dd588efa779e3aa097423dd6\" tg-width=\"730\" tg-height=\"324\" referrerpolicy=\"no-referrer\"></p><p>Putting aside A-shares, let's first discuss a question from the perspective of investment philosophy. As an investor, do you agree with the following view, that is, in the long run, buying and holding industries with low P/E will significantly perform better than buying and holding industries with high P/E.</p><p>As far as the idea theory is concerned, I believe many investors recognize it. Everyone believes that \"buying at an underestimate and holding it for a long time\" is the only way to make money through investment. This is why many people call themselves value investors.</p><p>But if we return to the reality of A-shares, the current P/E in real estate, architectural decoration, non-bank finance and other industries are at historical lows. Are you willing to buy now and hold it for a long time?</p><p>I believe<b>Once it returns to reality, many people will hesitate, because everyone can easily find a lot of reasons to look down on these industries.</b>For example, in the real estate and building decoration industries, investors will say that the big logic is broken due to factors such as housing for living and not speculation, and the aging population; Another example is the insurance industry. Everyone thinks that the downward trend of long-term interest rates suppresses the investment income of insurance companies, and the Internet makes the competition of insurance products transparent, which will lower the underwriting profits of insurance products, and so on.</p><p>Similarly, from the perspective of investment philosophy, everyone praises Buffett's \"fear when others are greedy, and be greedy when others are fearful\" and deeply agrees with it; However, under the financial crisis in 2008, the stock market fell so hard that people were vomiting. When Buffett issued a document calling on everyone to buy stocks, few people responded, because in the specific market environment at that time, everyone could easily find a bunch of reasons to be bearish.</p><p>It can be seen that buying or holding stocks that are not favored by the market is never easy.</p><p><b>\"This time is different\"</b></p><p>Many investment gurus have said the same thing. The five most expensive words in investment are \"this time is different\".</p><p>The 17th century Dutch tulip bubble was the most influential recorded speculative bubble event in human history, and people learned many lessons from it, including that any bubble will burst; In the South China Sea bubble incident 100 years later, investors thought that \"this time is different\". As a result, the bubble still burst and a large number of investors went bankrupt; Until the Internet speculative bubble in the 1990s, investors still thought that \"this time is different\". As a result, the bubble still burst and a large number of investors went bankrupt.</p><p>This is true during the bubble period, and so is the panic phase.</p><p><b>Talking about ideas in terms of ideas, investors believe in mean reversion, believe that trees will not grow to the sky, believe that others are greedy and I am afraid, and others are afraid and I am greedy; But when returning to investment reality, you can always find various reasons to convince yourself that \"this time is different\" until you pay a huge price.</b>Three or five years later, everyone will forget the lesson again and continue the story of \"this time is different\", repeatedly.</p><p>Only a few people can jump out of this strange circle and maintain stable investment returns for a long time. These investors rely on believing in common sense and mean reversion. Especially at a specific point in time, do not dwell on the optimistic or pessimistic views of the mainstream of the market, but look at the problem from a higher level and a farther perspective, so as to move against the trend. As Peter Lynch put it;</p><p>\"Whenever I feel worried and disappointed about the current big picture, I try to focus on the'even bigger picture '. If you expect yourself to maintain confidence in the stock market, you must understand the concept of'bigger picture'. The'bigger picture 'is to look at the stock market from a longer and longer perspective.\" From this passage, it can be seen that Peter Lynch didn't convince himself from a rational or logical point of view that the current situation was not worthy of worry. On the contrary, he also thought that the situation was worrying and disappointing. In order to avoid this emotion, he used a longer and farther perspective to convince himself not to be afraid.</p><p>In the final analysis,<b>When the market falls into panic, outstanding investors do not refute the market from facts, but broaden their eyes, defeat short-term rationality with long-term rationality, and defeat panic with simple common sense.</b></p><p>Going back to A-shares, if an investor holds insurance stocks, the current P/E of the insurance sector is at the bottom of ten years (0.9%). From the perspective of long-term mean reversion, now is the best time to hold firmly and wait for a reversal. However, if we focus on the fundamentals of the industry, many problems have not been answered in the short term, and there is no hope for the stock price to fall. It seems that \"the bottom of this valuation is different.\"</p><p><img src=\"https://static.tigerbbs.com/90c593b63faa09c6219f83f6c2be0f54\" tg-width=\"730\" tg-height=\"394\" referrerpolicy=\"no-referrer\"></p><p>In fact, it is precisely because it is often difficult to make choices purely from the level of logical analysis that investors need to rely on the investment system to assist in decision-making.</p><p><b>Jump out of a logical dead end</b></p><p><b>Any investment system contains many principles of mechanical operation. It is by relying on these principles that investors can jump out of the dead end of logic and grasp the bigger situation.</b></p><p>Under the value investment system, mean reversion is the core belief. When fundamentals and market sentiment are at odds with it, value investors should stand on the side of mean reversion, otherwise they will not be able to have the courage to hold against the trend.</p><p>For example, during the financial crisis in 2008, there was no hope in the fundamentals, and the stock market plummeted. At this time, value investors bought at the bottom, not seeing hope from the Fed's rescue policy, but based on the belief of \"mean reversion\". Mechanical buying. To put it bluntly, it is not because I have a lot of confidence, but purely because the stock market has fallen too badly, so I bought it.</p><p>Howard Marks once recalled this history. He had a product with leverage. At the worst of the crisis, he once raised supplementary funds from a pension institution. Howard started from the historical average and explained to investors the winning rate of capital injection at this time. As a result, he was repeatedly asked, \"What if the situation was worse?\"</p><p>Obviously, investors at this time no longer care about the historical average performance, and began to pursue 100% certainty in extreme market environments, giving up the most basic odds thinking. No one can guarantee 100% certainty. As a result, Howard failed to raise funds, so he had to supplement the funds out of his own pocket.</p><p>In hindsight, Howard made a lot of money, but he stressed that being correct afterwards did not mean that the decision was 100% correct beforehand. All he can grasp when making decisions is a firm belief in reversion to the mean. He firmly believes that buying at that time will have a very high winning rate.</p><p>For investors,<b>Under no circumstances can you go into a logical dead end because of the extravagance of 100% certainty. What really matters is to always be skeptical. When pessimism breeds greater pessimism, investors need to rely on skepticism to summon optimism; When optimistic situations breed greater optimism, it is also necessary to rely on skepticism to summon pessimism.</b></p><p>Similarly, investors in current A-share sectors such as insurance, when the sector P/E is close to the bottom of history, if they are still struggling with the short-term performance of fundamentals, isn't it unrealistic to pursue 100% certainty? What we really need to do at this time is to embrace skepticism, use skepticism to summon optimism, hold firmly with the belief that \"if we fall too much, we will inevitably rise back\", and even buy against the trend.</p><p><b>The market is sluggish, but it is a friend of value investing</b></p><p>No matter what genre, making money in stock trading is inseparable from four words: buy low and sell high. From the perspective of value investment, the fundamentals corresponding to buying low and selling high must be short-term pessimism and long-term optimism, so as to ensure that the price is low when buying in front and high when selling later. Therefore, the market is sluggish, which is a friend of value investing.</p><p><b>When the stock you hold keeps falling, check its fundamentals and repeatedly judge the medium and long-term development prospects. As long as the medium and long-term prospects are promising and the stock price falls, what falls is a buying opportunity.</b></p><p>So, when you are right, learn to persist and be more patient. Finally, we conclude with an example given by Philip A. Fisher:</p><p>\"We ask a man to look at the moon at 8 o'clock in the evening, and then tell him that with the passage of time, the moon will slide across the sky. He will gaze at the motion of the moon with great interest and concentration, but he can't feel it. So, he just watches it quietly. By 8:02, there was still no change in the position of the moon. After a minute, there was still no movement, and after another minute, everything remained the same, so he had to give up in disappointment. He didn't think it meaningless or worthless. But at 2 o'clock in the morning, when he looked up at the sky again, he found that the magical change that had made him impatient at 8: 04 pm finally appeared. \"</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://mp.weixin.qq.com/s/2YozTtjsIBm5X9KQ3AmlFg\">苏宁金融研究院</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","GDX":"黄金矿业ETF-VanEck","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GLD":"黄金ETF-SPDR","DUST":"二倍做空黄金矿业指数ETF-Direxion","IAU":"黄金信托ETF-iShares"},"source_url":"https://mp.weixin.qq.com/s/2YozTtjsIBm5X9KQ3AmlFg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133732318","content_text":"近期,A股市场持续分化,消费、医药、科技三大主线依旧向好,其他不少板块却震荡不已,尤其是里面一些龙头个股,明明是人人看好的好公司,却跌个不停,持续考验着投资者的信心。\n面对好股票持续下跌,越来越多的投资者选择割肉,因为实在受不了内心煎熬,希望割肉之后一了百了。心理上也许得到一时的解脱,但好股票拿不住,长此以往,投资致富就成了一句空话。\nA股行业大分化\n严格意义上说,2019年以来的牛市,仅是部分行业的牛市,还有很多行业处于熊市行情中。\n以2010年以来的十年走势为计量区间,当前仍有不少行业市盈率的分位值低于10%,即市盈率水平低于十年来90%的交易日,处于估值区间底部;同时,也有一些行业市盈率分位值达到甚至超过90%,处于估值区间顶部。\n2021年6月23日,房地产(0.2%)、建筑装饰(1.7%)、农林牧渔(5.9%)、传媒(9%)、非银金融(9.4%)五个行业的市盈率分位值均低于10%,同时食品饮料(95.1%)、休闲服务(89.7%)、汽车(89.7%)三个行业的市盈率分位值处在90%左右,出现明显的两极分化。\n\n把A股放一边,我们先从投资理念上探讨一个问题,作为投资者,你是否认可以下观点,即:长期来看,买入并持有低市盈率的行业,业绩表现会明显超过买入并持有市盈率处于高位的行业。\n就理念论理念,我相信很多投资者都是认可的,大家都相信“低估买入并长期持有”是投资赚钱的不二法门,这也是很多人自称价值投资者的原因。\n但若我们回归A股现实,当前房地产、建筑装饰、非银金融等行业的市盈率处于历史低位,你是否愿意现在买入并长期持有呢?\n我相信一旦回归现实,很多人会犹豫起来,因为大家能轻易找出一大堆看衰这些行业的理由。比如房地产和建筑装饰业,投资者会说,受房住不炒、人口老龄化等因素影响,大逻辑坏掉了;再比如保险业,大家又认为,长期利率下行压制保险公司投资收益,互联网使保险产品竞争透明化,会拉低保险产品的承保利润,等等。\n同样,从投资理念上,大家对巴菲特的“在别人贪婪的时候恐惧,在别人恐惧的时候贪婪”大加赞赏,深以为然;但2008年金融危机之下,股市跌得令人发吐,巴菲特发文号召大家买入股票时,却响应者寥寥,因为具体到当时的市场环境,大家能轻易找到一堆看空的理由。\n可见,买入或持有不被市场看好的股票,从来就不是一件容易的事。\n“这次不一样”\n很多投资大师说过同样的话,投资中最昂贵的五个字就是“这次不一样”。\n17世纪的荷兰郁金香泡沫是人类历史上有记载的最具影响力的投机泡沫事件,人们从中学到了很多教训,包括任何泡沫都会破灭;100年之后的南海泡沫事件中,投资者认为“这次不一样”,结果泡沫照样破灭,大批投资者破产;一直到上世纪90年代的互联网投机泡沫,投资者依旧认为“这次不一样”,结果依旧是泡沫破灭,大批投资者破产。\n泡沫期如此,恐慌阶段也是如此。\n就理念谈理念,投资者相信均值回归,相信树不会长到天上,相信别人贪婪我恐惧、别人恐惧我贪婪;但回到投资现实时,总是能找到各种理由来说服自己,相信“这次不一样”,直至付出巨大代价。三五年后,大家又会忘记教训,继续着“这次不一样”的故事,周而复始。\n只有少数人能跳出这个怪圈,得以长期保持稳健的投资收益,这些投资者依靠的就是相信常识、相信均值回归。尤其在特定的时间点,不纠结于市场主流的乐观或悲观见解,而是从更高的层面、更远的视角来看问题,做到逆势而动。正如彼得·林奇所说:\n\n “每当我对目前的大局(big picture)感到忧虑和失望时,我就会努力让自己关注于‘更大的大局’(even bigger picture)。如果你期望自己能够对股市保持信心的话,你就一定要了解‘更大的大局’这个概念。‘更大的大局’是从更长更远的眼光来看股市。”\n\n从这段话里可以看出,彼得·林奇并非从理性或逻辑的角度说服自己当前局势不值得忧虑,相反,他也认为局面令人感到忧虑和失望,只是为不受这种情绪影响,他用更长更远的视角来说服自己不恐惧。\n归根结底,当市场陷入恐慌情绪时,卓越的投资者们并非从事实上去驳倒市场,而是把眼光拉长,用长期理性战胜短期理性,用简单常识战胜恐慌情绪。\n回到A股,如果一个投资者持有保险股,当前保险板块市盈率处于十年来历史底部(0.9%)。站在长期均值回归的视角,现在正是坚定持有、等待反转的最佳时点,但如果着眼于行业基本面,很多难题短期内还未见答案,股价阴跌还看不到希望,似乎“这次的估值底部不一样”。\n\n事实上,正是因为很多时候纯粹从逻辑分析层面不好抉择,投资者才需要依靠投资体系辅助决策。\n跳出逻辑死胡同\n任何一个投资体系,都含有很多机械操作的原则,正是依靠这些原则,投资者才得以从逻辑的死胡同中跳脱出来,把握更大的大局。\n在价值投资体系下,均值回归是最核心的信念,当基本面、市场情绪与之相左时,价值投资者应站在均值回归这一边,否则便不可能拥有逆势持有的勇气。\n比如2008年金融危机时,基本面看不到希望,股市更是一泻千里,此时的价值投资者抄底买入,并非从美联储救市政策中看到了希望,而是基于“均值回归”信念进行的机械式买入。说白了,并非因为本身产生了多大的信心,纯粹是因为股市跌得太惨了,所以出手买入。\n霍华德·马克斯曾回忆这段历史,他有一只产品带有杠杆,危机最严重的时候,他曾经向一家养老金机构募集补充资金。霍华德从历史均值出发,向投资者解释此时注资的胜率,结果被一再追问“如果情况更糟一些呢”。\n显然,此时的投资者已不在乎历史平均表现,在极端市场环境下开始追求100%的确定性,放弃了最基本的赔率思维。没有人能保证100%的确定性,结果霍华德募资失败,只好自掏腰包补充资金。\n事后来看,霍华德赚得盘满钵满,但他却强调,事后正确不代表事前决策100%地正确。他决策时所能把握的,只是对均值回归的坚定信念,他坚信当时买入会有极高的胜率。\n对投资者而言,任何情况下都不能因奢求100%的确定性而走入逻辑的死胡同,真正重要的是始终保持怀疑主义。当悲观情绪滋生更大的悲观情绪时,投资者需依靠怀疑主义来召唤乐观主义;当乐观情况滋生更大的乐观情绪时,也需要依靠怀疑主义来召唤悲观主义。\n同样,当前A股诸如保险等板块的投资者,在板块市盈率接近历史底部时,若还在纠结基本面的短期表现,何尝不是不切实际地追求100%的确定性呢。此时真正要做的是拥抱怀疑主义,用怀疑主义来召唤乐观主义,抱着“跌多了必然涨回去”的信念坚定持有,甚至逆势买入。\n行情低迷,是价值投资的朋友\n无论什么流派,炒股赚钱都离不开四个字:低买高卖。站在价值投资的角度看,低买高卖对应的基本面必然是短期悲观、长期看好,这样才能确保前面买入时价格低,后面卖出时价格高。所以,行情低迷,是价值投资的朋友。\n当你持有的股票跌跌不休时,检查其基本面,反复研判其中长期发展前景,只要中长期前景看好,股价下跌,跌出来的正是买入机会。\n所以,当你是对的时候,要学会坚持,多点耐心。最后,我们用菲利普·A·费雪举过的一个例子作为结束:\n\n “我们让一个人在晚上8时的时候去看看月亮,然后告诉他,随着时间的流逝,月亮会滑过天空。他会兴味盎然、聚精会神地去凝视月亮的运动,但却无法感受到月亮的运动。于是,他就这样凝神静气地看下去。\n\n\n 到了8时零2分,仍然看不到月亮的位置有什么变化。过了1分钟,还是没有任何动静,又过了1分钟,一切依然如故,于是他只好失望地放弃。\n\n\n 他觉得这种事没有任何意义,也没有任何价值。\n\n\n 但到了凌晨2时,再次仰望天空的他,却发现晚上8时零4分曾经让他等得不耐烦的神奇变化终于出现了。”","news_type":1,"symbols_score_info":{"159934":0.9,"518880":0.9,"GDX":0.9,"MGCmain":0.9,"DUST":0.9,"SGUmain":0.9,"NUGT":0.9,"GLD":0.9,"SGCmain":0.9,"GCmain":0.9,"IAU":0.9}},"isVote":1,"tweetType":1,"viewCount":5659,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574500206068120","authorId":"3574500206068120","name":"Kenwen","avatar":"https://static.tigerbbs.com/0e40d46e852addbb8143debd4343a58c","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3574500206068120","idStr":"3574500206068120"},"content":"Now market sell covered call and sell put every week better [LOL] slowly slowly gain","text":"Now market sell covered call and sell put every week better [LOL] slowly slowly gain","html":"Now market sell covered call and sell put every week better [LOL] slowly slowly gain"},{"author":{"id":"3574500206068120","authorId":"3574500206068120","name":"Kenwen","avatar":"https://static.tigerbbs.com/0e40d46e852addbb8143debd4343a58c","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3574500206068120","idStr":"3574500206068120"},"content":"Short those who have gone through a lot of times, don't guess the roof, look at the candle before going to the air, or fall to the force position. Stop putting it on the previous one, or, every time I make a short, I make a backhand long, and I always make a long list of sohai haha","text":"Short those who have gone through a lot of times, don't guess the roof, look at the candle before going to the air, or fall to the force position. Stop putting it on the previous one, or, every time I make a short, I make a backhand long, and I always make a long list of sohai haha","html":"Short those who have gone through a lot of times, don't guess the roof, look at the candle before going to the air, or fall to the force position. Stop putting it on the previous one, or, every time I make a short, I make a backhand long, and I always make a long list of sohai haha"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150773864,"gmtCreate":1624929468758,"gmtModify":1703848127385,"author":{"id":"3571363097076123","authorId":"3571363097076123","name":"Terrens","avatar":"https://community-static.tradeup.com/news/9a43583a9ba17a34199f12c82c5a3526","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571363097076123","idStr":"3571363097076123"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":8,"repostSize":1,"link":"https://ttm.financial/post/150773864","repostId":"1104770632","repostType":4,"repost":{"id":"1104770632","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624927163,"share":"https://ttm.financial/m/news/1104770632?lang=en_US&edition=fundamental","pubTime":"2021-06-29 08:39","market":"sh","language":"zh","title":"Nayuki's tea lottery winning rate is 8%, and 40 lots are subscribed to secure one lot","url":"https://stock-news.laohu8.com/highlight/detail?id=1104770632","media":"老虎资讯综合","summary":"6月29日消息,本周二奈雪的茶发布公告,公司发行2.57亿股股份,每股定价19.8港元,每手500股,预期将于6月30日上市。分配结果:\n甲组每手500股,一手中签率8%,认购40手稳中一手。\n乙组头","content":"<p>News on June 29, this Tuesday<a href=\"https://laohu8.com/S/02150\">Nayuki's tea</a>According to the announcement, the company issued 257 million shares, priced at HK $19.8 per share, with 500 shares per lot, and is expected to be listed on June 30.<img src=\"https://static.tigerbbs.com/6af239b570522de01079011982ac9576\" tg-width=\"661\" tg-height=\"550\" referrerpolicy=\"no-referrer\"><b>Distribution result:</b></p><p>Group A has 500 shares per lot, and the winning rate of one lot is 8%. If you subscribe for 40 lots, you will secure one lot.</p><p>The head of Group B is 300,000 shares (600 lots), and 3,000 shares (6 lots) are allocated.<img src=\"https://static.tigerbbs.com/d1861f115ef2892bc51ce6b5f05ff7b8\" tg-width=\"536\" tg-height=\"629\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5f27f80d6ce9a1fdc75d8516bf6b6ffe\" tg-width=\"543\" tg-height=\"741\" referrerpolicy=\"no-referrer\">During the public offering stage, Nayuki's tea was subscribed 432.03 times, and the final number of offer shares allocated to the public offering was 129 million shares, accounting for 50% of the total number of offer shares (before any over-allotment option is exercised). A total of 642,033 valid applications were received.</p><p>In addition, the international offering was significantly oversubscribed, and the final number of offer shares was 129 million shares (excluding over-allocation shares), equivalent to 50% of the total number of offer shares.</p><p>In terms of fund-raising purposes, the company intends to use the net proceeds received from the global offering estimated to be approximately HK $4.84 billion (assuming that the over-allotment option is not exercised) for the following purposes: approximately 70.0% will be used to expand the tea shop network in the next three years and increase its market penetration; Approximately 10.0% will be used in the next three years to further improve overall operations by strengthening technical capabilities to improve operational efficiency; About 10.0% will be used to improve supply chain capabilities in the next three years to support the company's scale expansion; Approximately 10.0% will be used for working capital and general corporate purposes.</p><p>It is reported that Naixue's tea shop operated by the company is China's leading high-end ready-made tea chain store, focusing on providing ready-made tea drinks. According to CIC, Nayuki's tea is the second largest teahouse brand in China's high-end ready-made teahouse market in terms of total retail consumption in 2020, with a market share of 18.9%. In terms of total retail consumption in 2020, Nayuki's tea is the seventh largest teahouse brand in China's overall ready-made teahouse industry, with a market share of 3.9%.</p><p>In order to enhance the convenience and personalized experience of Nayuki's tea to customers, the company launched Nayuki's tea membership system and Nayuki's tea application, and achieved full integration with the company's Nayuki's tea shop network. The company's Nayuki tea membership system has about 34.7 million registered members. In 2020, approximately 49.0% of Nayuki's total tea orders came from Nayuki's tea members.</p><p>The number of Nayuki's teahouses grew rapidly from 44 as of December 31, 2017 to 491 as of December 31, 2020, and further to 562 as of the Latest Practicable Date. The revenue generated by the company's Nayuki teahouse increased from RMB 910 million in 2018 to RMB 2.292 billion in 2019, and further increased to RMB 2.871 billion in 2020.</p><p>In addition, in terms of same stores in 2018 and 2019, Nayuki's tea same store profit margin remained stable in 2018 and 2019, at 24.9% and 25.3%, respectively. Due to the impact of the COVID-19 outbreak, in terms of same stores in 2019 and 2020, Nayuki's tea same store profit margin was 13.5% in 2020, compared to 21.0% in 2019.</p><p>Throughout the track record period, the company's profitability continued to improve, with total revenue increasing from 1.087 billion yuan in 2018 to 3.057 billion yuan in 2020, with a compound annual growth rate of 67.7% from 2018 to 2020; The adjusted net loss decreased significantly from RMB 56.58 million in 2018 to RMB 11.735 million in 2019, and further reversed to an adjusted net profit of RMB 16.643 million in 2020.</p><p>In the first nine months of 2020, the company recorded revenue of 2.115 billion yuan and adjusted net profit of 4.484 million yuan. Under the influence of the epidemic, the domestic food industry has been greatly impacted. The company's adjusted net profit has narrowed under pressure, but its revenue still maintains a strong growth momentum.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nayuki's tea lottery winning rate is 8%, and 40 lots are subscribed to secure one lot</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNayuki's tea lottery winning rate is 8%, and 40 lots are subscribed to secure one lot\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-29 08:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>News on June 29, this Tuesday<a href=\"https://laohu8.com/S/02150\">Nayuki's tea</a>According to the announcement, the company issued 257 million shares, priced at HK $19.8 per share, with 500 shares per lot, and is expected to be listed on June 30.<img src=\"https://static.tigerbbs.com/6af239b570522de01079011982ac9576\" tg-width=\"661\" tg-height=\"550\" referrerpolicy=\"no-referrer\"><b>Distribution result:</b></p><p>Group A has 500 shares per lot, and the winning rate of one lot is 8%. If you subscribe for 40 lots, you will secure one lot.</p><p>The head of Group B is 300,000 shares (600 lots), and 3,000 shares (6 lots) are allocated.<img src=\"https://static.tigerbbs.com/d1861f115ef2892bc51ce6b5f05ff7b8\" tg-width=\"536\" tg-height=\"629\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5f27f80d6ce9a1fdc75d8516bf6b6ffe\" tg-width=\"543\" tg-height=\"741\" referrerpolicy=\"no-referrer\">During the public offering stage, Nayuki's tea was subscribed 432.03 times, and the final number of offer shares allocated to the public offering was 129 million shares, accounting for 50% of the total number of offer shares (before any over-allotment option is exercised). A total of 642,033 valid applications were received.</p><p>In addition, the international offering was significantly oversubscribed, and the final number of offer shares was 129 million shares (excluding over-allocation shares), equivalent to 50% of the total number of offer shares.</p><p>In terms of fund-raising purposes, the company intends to use the net proceeds received from the global offering estimated to be approximately HK $4.84 billion (assuming that the over-allotment option is not exercised) for the following purposes: approximately 70.0% will be used to expand the tea shop network in the next three years and increase its market penetration; Approximately 10.0% will be used in the next three years to further improve overall operations by strengthening technical capabilities to improve operational efficiency; About 10.0% will be used to improve supply chain capabilities in the next three years to support the company's scale expansion; Approximately 10.0% will be used for working capital and general corporate purposes.</p><p>It is reported that Naixue's tea shop operated by the company is China's leading high-end ready-made tea chain store, focusing on providing ready-made tea drinks. According to CIC, Nayuki's tea is the second largest teahouse brand in China's high-end ready-made teahouse market in terms of total retail consumption in 2020, with a market share of 18.9%. In terms of total retail consumption in 2020, Nayuki's tea is the seventh largest teahouse brand in China's overall ready-made teahouse industry, with a market share of 3.9%.</p><p>In order to enhance the convenience and personalized experience of Nayuki's tea to customers, the company launched Nayuki's tea membership system and Nayuki's tea application, and achieved full integration with the company's Nayuki's tea shop network. The company's Nayuki tea membership system has about 34.7 million registered members. In 2020, approximately 49.0% of Nayuki's total tea orders came from Nayuki's tea members.</p><p>The number of Nayuki's teahouses grew rapidly from 44 as of December 31, 2017 to 491 as of December 31, 2020, and further to 562 as of the Latest Practicable Date. The revenue generated by the company's Nayuki teahouse increased from RMB 910 million in 2018 to RMB 2.292 billion in 2019, and further increased to RMB 2.871 billion in 2020.</p><p>In addition, in terms of same stores in 2018 and 2019, Nayuki's tea same store profit margin remained stable in 2018 and 2019, at 24.9% and 25.3%, respectively. Due to the impact of the COVID-19 outbreak, in terms of same stores in 2019 and 2020, Nayuki's tea same store profit margin was 13.5% in 2020, compared to 21.0% in 2019.</p><p>Throughout the track record period, the company's profitability continued to improve, with total revenue increasing from 1.087 billion yuan in 2018 to 3.057 billion yuan in 2020, with a compound annual growth rate of 67.7% from 2018 to 2020; The adjusted net loss decreased significantly from RMB 56.58 million in 2018 to RMB 11.735 million in 2019, and further reversed to an adjusted net profit of RMB 16.643 million in 2020.</p><p>In the first nine months of 2020, the company recorded revenue of 2.115 billion yuan and adjusted net profit of 4.484 million yuan. Under the influence of the epidemic, the domestic food industry has been greatly impacted. The company's adjusted net profit has narrowed under pressure, but its revenue still maintains a strong growth momentum.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/969153dc5674369c3b376e33d2fc3976","relate_stocks":{"02150":"奈雪的茶"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104770632","content_text":"6月29日消息,本周二奈雪的茶发布公告,公司发行2.57亿股股份,每股定价19.8港元,每手500股,预期将于6月30日上市。分配结果:\n甲组每手500股,一手中签率8%,认购40手稳中一手。\n乙组头为30万股(600手),获配3000股(6手)。公开发售阶段奈雪的茶获432.03倍认购,分配至公开发售的发售股份最终数目为1.29亿股,占发售股份总数的50%(任何超额配股权获行使前)。合共接获642033份有效申请。\n此外,国际发售获大幅超额认购,发售股份最终数目为1.29亿股(不包括超额分配股份),相当于发售股份总数的50%。\n筹资用途方面,公司拟将收取的全球发售所得款项净额估计约48.4亿港元(假设超额配股权并无获行使)用于以下用途:约70.0%将在未来三年用于扩张茶饮店网络并提高其市场渗透率;约10.0%将在未来三年用于通过强化技术能力,进一步提升整体运营,以提升运营效率;约10.0%将在未来三年用于提升供应链能力,以支持公司的规模扩张;约10.0%将用作营运资金及作一般企业用途。\n据悉,公司所经营的奈雪的茶茶饮店是中国领先的高端现制茶饮连锁店,专注于提供现制茶饮。根据灼识谘询的资料,按2020年零售消费总值计,奈雪的茶在中国高端现制茶饮店市场中为第二大茶饮店品牌,市场份额为18.9%。按2020年零售消费总值计,奈雪的茶在中国整体现制茶饮店行业中为第七大茶饮店品牌,市场份额为3.9%。\n为提升奈雪的茶对客户的便利性及个性化体验,公司推出奈雪的茶会员体系及奈雪的茶应用程序,并实现与公司奈雪的茶茶饮店网络的全面整合。公司的奈雪的茶会员体系有注册会员约3470万名。于2020年,奈雪的茶订单总数中约49.0%来自奈雪的茶会员。\n奈雪的茶茶饮店数量由截至2017年12月31日的44间迅速增长至截至2020年12月31日的491间,并于截至最后实际可行日期进一步增至562间。公司的奈雪的茶茶饮店所产生的收益由2018年的人民币9.1亿元增至2019年的人民币22.92亿元,并进一步增至2020年的人民币28.71亿元。\n此外,就2018年及2019年的同店而言,奈雪的茶同店利润率于2018年及2019年维持稳定,分别为24.9%及25.3%。由于COVID-19爆发的影响,就2019年及2020年的同店而言,奈雪的茶同店利润率于2020年为13.5%,而2019年为21.0%。\n于整个往绩记录期间,公司的盈利能力不断提升,总营收由2018年的10.87亿元提升至2020年的30.57亿元人民币,2018~2020年的复合年增长率达67.7%;经调整净亏损由2018年的人民币5658万元大幅减少至2019年的人民币1173.5万元,并进一步扭转为2020年的经调整净利润1664.3万元人民币。\n2020年前9个月,公司录得收入21.15亿元,经调整净利润448.4万元。在疫情影响下,国内食品行业受到较大冲击,公司经调整净利润承压收窄,但营收仍保持强劲增长势头。","news_type":1,"symbols_score_info":{"02150":0.9}},"isVote":1,"tweetType":1,"viewCount":3640,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574500206068120","authorId":"3574500206068120","name":"Kenwen","avatar":"https://static.tigerbbs.com/0e40d46e852addbb8143debd4343a58c","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3574500206068120","idStr":"3574500206068120"},"content":"Sohai one day up one day down","text":"Sohai one day up one day down","html":"Sohai one day up one day down"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124121799,"gmtCreate":1624754683111,"gmtModify":1703844391717,"author":{"id":"3571363097076123","authorId":"3571363097076123","name":"Terrens","avatar":"https://community-static.tradeup.com/news/9a43583a9ba17a34199f12c82c5a3526","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571363097076123","idStr":"3571363097076123"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/124121799","repostId":"1181161116","repostType":4,"repost":{"id":"1181161116","kind":"news","pubTimestamp":1624754107,"share":"https://ttm.financial/m/news/1181161116?lang=en_US&edition=fundamental","pubTime":"2021-06-27 08:35","market":"fut","language":"zh","title":"International oil prices are \"triumphing\", and the market is waiting for next week's OPEC + meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1181161116","media":"期货日报","summary":"本周,受国际油价持续上涨影响,能化系期货品种大幅走强,但板块间各品种走势却出现分化。其中,LPG和沥青期货走势偏强。\n“与原油相比,今年沥青一直处于偏弱状态,主要是自身基本面出了较大的问题。”招金期货","content":"<p><div>This week, affected by the continued rise in international oil prices, energy and chemical futures varieties have strengthened significantly, but the trends of various varieties among sectors have diverged. Among them, LPG and asphalt futures are on the stronger side. \"Compared with crude oil, asphalt has been in a weak state this year, mainly due to major problems with its own fundamentals.\" Zhaojin Futures analyst Yu Yusen told a reporter from Futures Daily that the operating rate of the asphalt industry has not exceeded last year, even lower than the same period in previous years, demand has not been started, and inventories are approaching historical highs in the past eight years. According to Yu Yusen, it is still in the rainy season, the actual demand for asphalt is weak, and the inventory is also in the fourth quarter...</p><p><a href=\"https://www.cls.cn/detail/777596\">Web link</a></div></p>","source":"qihuoribao","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>International oil prices are \"triumphing\", and the market is waiting for next week's OPEC + meeting</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nInternational oil prices are \"triumphing\", and the market is waiting for next week's OPEC + meeting\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">期货日报</strong><span class=\"h-time small\">2021-06-27 08:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>This week, affected by the continued rise in international oil prices, energy and chemical futures varieties have strengthened significantly, but the trends of various varieties among sectors have diverged. Among them, LPG and asphalt futures are on the stronger side. \"Compared with crude oil, asphalt has been in a weak state this year, mainly due to major problems with its own fundamentals.\" Zhaojin Futures analyst Yu Yusen told a reporter from Futures Daily that the operating rate of the asphalt industry has not exceeded last year, even lower than the same period in previous years, demand has not been started, and inventories are approaching historical highs in the past eight years. According to Yu Yusen, it is still in the rainy season, the actual demand for asphalt is weak, and the inventory is also in the fourth quarter...</p><p><a href=\"https://www.cls.cn/detail/777596\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://www.cls.cn/detail/777596\">期货日报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ef375710aa7a4298de56c8827d8139df","relate_stocks":{"DWT":"三倍做空原油ETN","DUG":"二倍做空石油与天然气ETF(ProShares)","DDG":"ProShares做空石油与天然气ETF","SCO":"二倍做空彭博原油指数ETF","UCO":"二倍做多彭博原油ETF","USO":"美国原油ETF"},"source_url":"https://www.cls.cn/detail/777596","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181161116","content_text":"本周,受国际油价持续上涨影响,能化系期货品种大幅走强,但板块间各品种走势却出现分化。其中,LPG和沥青期货走势偏强。\n“与原油相比,今年沥青一直处于偏弱状态,主要是自身基本面出了较大的问题。”招金期货分析师于竼森告诉期货日报记者,沥青行业的开工率并没有超越去年,甚至比往年同期还要偏低,需求一直未能启动,且库存逼近近8年来的历史高位。\n在于竼森看来,当前仍处于雨季,沥青的实际需求偏弱,库存也在4季度前很难出现下滑,因此沥青期货本周的强势上涨,更多是受油价上涨的影响,成本提高推动沥青价格上涨。\n此外,消息面的利好来自于市场关于国家针对地炼企业原油配额缩减问题的解读。部分机构认为,国家今年1—2批次进口原油配额相对去年有了明显的缩量,叠加前期针对稀释沥青的加税问题,会造成地炼企业原材料价格上涨及原材料紧缺,从而导致后期的沥青产量会有所下滑。那么在旺季来临之后,沥青可能会面临比较快速的去库存,而不是前期预期的全年都处于高库存之下。\n尽管沥青本周表现极为强势,远强于其他油品。但有业内人士认为沥青盘面明显超涨,后期走势可能相对于其他油品更弱。\n过去一周,随着市场逐步认识到“稀释沥青”可能长期短缺的问题,对于远期沥青炼厂供应产生担忧,市场看多情绪加重。但在国泰君安期货分析师黄柳楠看来,短期交易视角不应过分聚焦远期市场。“当前山东地区现货对于沥青期货主力合约2109合约的贴水已经超过300元/吨,无风险套利窗口大幅敞开,且沥青与高、低硫燃料油的价差也逼近今年以来的高位,估值已经偏高。”\n“从供需面看,当前绝对库存依旧处于历史最高位,未来2个月不太可能出现缺货的情况,因此沥青利润修复的驱动并不强。”黄柳楠表示,由于今年国内信用扩张停滞,基建工程减少,未来2个月需求端可能不会有逆季节性的扩张,近两日盘面超涨的溢价可能在未来逐步回吐。“考虑到油价下半年重心上移的确定性,沥青价格未来挑战4000元/吨的可能性依旧较大,只是短期背离油价的强势难以持续。”\n值得注意的是,本周LPG期货价格连创新高。东证期货衍生品研究院大宗商品研究主管金晓告诉期货日报记者,一方面,受益于油价持续上涨,相应抬升了LPG期价中枢。另一方面,海外LPG掉期价格在沙特传出出口收紧的消息刺激下一路狂奔。“即将出台的7月沙特CP丙烷价格预计会超过620美元/吨,较上月大涨近100美元/吨,未来进口成本增加的预期是近期国内期价上行的重要驱动。”\nLPG消费本身有一定的季节性,随着主力合约从淡季逐渐转入旺季,市场对旺季抱有期待,乐观情绪在市场中占主导。\n在金晓看来,LPG基本面预期较好。从最新的气象预测来看今年秋冬大概率是中性状态,在12月前后有略超50%的概率转为拉尼娜,未来随着天气转冷燃料消费将有正常的季节性回升。在化工原料需求上,今年全年国内预计有4套PDH新装置投产,此外还有一些可灵活切换原料的乙烯裂解新装置未来可以消化前端炼能扩张带来的LPG国产气增量。“总体上,国内需求增速快于供给增速。这部分需求缺口会对应到国内的进口气增量,是全球需求增量的重要组成部分,亚洲地区LPG价格受到支撑,对国内也意味着进口成本相比去年同期易涨难跌。”\n不过,目前LPG基本面国内外分化的格局短期内仍将持续。据国投安信期货分析师李祖智介绍,国内市场受广州疫情和国产气外放压力增长的影响,价格已显疲态,终端销售压力不断放大。但国际市场方面,美国库存维持低位,而中东短期内增产预期仍不明朗,年内主要潜在供给增量的伊朗也因谈判节奏放缓而有所推迟,国际市场紧平衡格局下的推高动力仍然存在。“在市场格局暂无拐点迹象,同时原油强势的背景下,盘面仍有一定上涨空间。”\n“LPG期价从半年度的时间维度上我们觉得上方仍有空间但过程可能会波折。”金晓认为,由于这一轮海外价格是偏事件驱动的推涨,目前LPG期价位置相对高位,短期要防范沙特消息反转供给边际宽松的回调风险。未来供需基本面环比改善预期可能是直到旺季前半段市场的主要交易逻辑。\n业内人士建议投资者关注下周即将举行的OPEC+会议,这是当前能化市场当前关注的焦点。如果增产幅度超出预期,油价回调的可能性依旧存在,也将一定程度上影响能化板块其他品种的价格走势。","news_type":1,"symbols_score_info":{"UWTIF":0.9,"BZmain":0.9,"UCO":0.9,"DDG":0.9,"CLmain":0.9,"DWT":0.9,"DWTIF":0.9,"USO":0.9,"QMmain":0.9,"DUG":0.9,"SCO":0.9}},"isVote":1,"tweetType":1,"viewCount":3135,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574500206068120","authorId":"3574500206068120","name":"Kenwen","avatar":"https://static.tigerbbs.com/0e40d46e852addbb8143debd4343a58c","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3574500206068120","idStr":"3574500206068120"},"content":"The current market is really contradictory. Too many people feel guilty and want to sell. If they fall, they want to take a long-term line and can't do it. [LOL], [LOL] and [LOL]","text":"The current market is really contradictory. Too many people feel guilty and want to sell. If they fall, they want to take a long-term line and can't do it. [LOL], [LOL] and [LOL]","html":"The current market is really contradictory. Too many people feel guilty and want to sell. If they fall, they want to take a long-term line and can't do it. [LOL], [LOL] and [LOL]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125696873,"gmtCreate":1624670526592,"gmtModify":1703843191910,"author":{"id":"3571363097076123","authorId":"3571363097076123","name":"Terrens","avatar":"https://community-static.tradeup.com/news/9a43583a9ba17a34199f12c82c5a3526","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571363097076123","idStr":"3571363097076123"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/125696873","repostId":"1186578125","repostType":4,"isVote":1,"tweetType":1,"viewCount":2885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126746181,"gmtCreate":1624586066243,"gmtModify":1703841016063,"author":{"id":"3571363097076123","authorId":"3571363097076123","name":"Terrens","avatar":"https://community-static.tradeup.com/news/9a43583a9ba17a34199f12c82c5a3526","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571363097076123","idStr":"3571363097076123"},"themes":[],"htmlText":"Ok//<a href=\"https://laohu8.com/U/3574500206068120\">@Kenwen</a>: k","listText":"Ok//<a href=\"https://laohu8.com/U/3574500206068120\">@Kenwen</a>: k","text":"Ok//@Kenwen: k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/126746181","repostId":"1166056944","repostType":4,"repost":{"id":"1166056944","kind":"news","pubTimestamp":1623160615,"share":"https://ttm.financial/m/news/1166056944?lang=en_US&edition=fundamental","pubTime":"2021-06-08 21:56","market":"us","language":"en","title":"5 High-Octane Growth Stocks With 54% to 94% Upside, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=1166056944","media":"Motley Fool","summary":"If analysts are correct, this assortment of rapidly growing companies could deliver big-time returns","content":"<blockquote><b>If analysts are correct, this assortment of rapidly growing companies could deliver big-time returns over the next year.</b></blockquote><p>For the past 12 years, growth stocks have been the key to sending the broader market higher. Even though value stocks have been the better performer of the two categories over the very long-term, historically low lending rates and trillions of dollars being pumped into the U.S. economy have created a perfect storm for growth stocks to thrive.</p><p>Yet according to Wall Street's one-year consensus price targets, somegrowth stocksaren't anywhere near realizing their full potential. If analysts' consensus price targets prove accurate, the following five high-octane growth stocks offer upside ranging from 54% to 94% over the next year.</p><p><b>Vaxart: Implied upside of 94%</b></p><p>The supercharged growth stock on this list with thegreatest implied upsideover the coming 12 months is clinical-stagebiotech stock<b>Vaxart</b>(NASDAQ:VXRT). If you're wondering why I've included a clinical-stage drug developer, it's because all of the analysts covering it are forecasting recurring sales for the company, beginning in 2022. If Wall Street's estimates are correct, Vaxart's stock could nearly double from where it closed this past week.</p><p>What makes Vaxart such a unique drug developer is its approach to developing treatments. Specifically, it develops oral recombinant vaccines, rather than vaccines administered by injection. It should be a lot easier to dispense and administer pills than injections, which could resolve factors like shot hesitancy and vaccine access.</p><p>Even though it has multiple treatments in the works, most of the buzz surrounding Vaxart has to do with its work in the lab on VXA-CoV2-1, an experimental oral tablet to treat the coronavirus disease 2019 (COVID-19). Data from a phase 1 study in February showed VXA-CoV2-1 met all of its primary and secondary safety and immunogenicity endpoints. The data also signaled that Vaxart's oral treatment may be effective against COVID-19 variants.</p><p>Though it's probablya bit too earlyto get overly excited about Vaxart, it's a name worth closely monitoring.</p><p><b>Trulieve Cannabis: Implied upside of 88%</b></p><p>It's no secret that cannabis is set to be one of North America's fastest-growing industries this decade. But amongmarijuana stocks, U.S. multistate operator (MSO)<b>Trulieve Cannabis</b>(OTC:TCNNF)offers some of the most robust upside. If Wall Street's consensus price target of a little over $72 is correct, Trulieve could gallop higher by 88% over the coming year.</p><p>There are a lot of unique growth strategies among MSOs, but none hasproved more successful than Trulieve's blueprint. At the moment, Trulieve has 88 operational dispensaries. But here's the kicker: 82 of them are located in medical marijuana-legal Florida. By focusing its efforts on a single big-dollar state, Trulieve has been able to saturate the market, effectively build up its brand, and keep its marketing costs down. The company has been profitable for 13 consecutive quarters, and as of the end of 2020 controlled 53% of the Sunshine State's dried flower market and 49% of its high-margin cannabinoid oils market.</p><p>Equally intriguing is Trulieve's recently announced all-stock deal to acquire MSO<b>Harvest Health & Recreation</b>(OTC:HRVSF)for $2.1 billion. Harvest has a focus on five states, one of which happens to be Florida. Aside from solidifying an even bigger presence in the Sunshine State, Trulieve will gain access to Harvest's state-leading 15 dispensaries in Arizona. The Grand Canyon State legalized recreational weed in November. There's a good chance Trulieve can use Harvest's infrastructure to duplicate its success in Arizona.</p><p><b>Magnite: Implied upside of 59%</b></p><p>Another high-octane growth stock with significant upside potential, according to Wall Street, is sell-side advertising technology platform<b>Magnite</b>(NASDAQ:MGNI). If analysts are correct about Magnite hitting nearly $46 a share in 12 months, it would represent upside potential of 59%.</p><p>Magnite finds itself at the center of a double-digit growth trend that should last for a long time to come. As consumers cut the cord to traditional cable and shift to other forms of entertainment and content consumption, businesseswill be more likely to shift their advertising dollarsonline, to apps, and to streaming/connected TV (CTV). Although mobile platforms accounted for almost half of Magnite's revenue last year, it's CTV that looks to be the most intriguing long-term growth driver.</p><p>One of thebiggest boostsfor Magnite should come from its recently closed cash-and-stock acquisition of SpotX. SpotX generated $31.2 million in sales (less traffic acquisition costs) in the first quarter, with $19.7 million of this net revenue attributable to CTV. That was up 70% from the prior-year period. The now-combined company has sell-side ad platform exposure to the likes of<b>fuboTV</b>,<b>Roku</b>,<b>Disney</b>, and WarnerMedia, to name a few leading platforms.</p><p>With Magnite profitable on a recurring basis and fully capable of sustainable double-digit growth, a 59% 12-month return isn't out of the question.</p><p><b>Teladoc Health: Implied upside of 56%</b></p><p>Transformativehealthcare stock<b>Teladoc Health</b>(NYSE:TDOC)is also expected to offer abundant upside potential. Based on Wall Street's consensus price target of around $229, Teladoc could rise by a cool 56% over the next 12 months.</p><p>A lot of folks view Teladoc asone of the biggest winners during the COVID-19 pandemic. With doctors wanting to keep high-risk people and infected patients out of their offices, many turned to virtual visits. Teladoc ultimately handled 10.59 million telehealth visits last year, up from 4.14 million in 2019. But these folks are probably overlooking that Teladoc grew sales by an annual average of 74% in the six years leading up to the pandemic.</p><p>What makes telemedicine such a winning trend is that itoffers advantages up and down the treatment chain. Telehealth allows patients to stay home for consultations, and it's a tool physicians can use to keep closer tabs on their chronically ill patients. This ease of oversight could result in improved patient outcomes. It also doesn't hurt that virtual visits are billed at a lower rate than office visits.</p><p>Following its acquisition of leading applied health signals company Livongo Health in the fourth quarter, Teladoc has all the tools needed to provide next-level personalized care. In other words, this price target looks very realistic over the next year.</p><p>Plug Power: Implied upside of 54%</p><p>Finally, hydrogen fuel-cell solutions company<b>Plug Power</b>(NASDAQ:PLUG)is a (pardon the irony) high-octane growth stock with ample upside. If analysts are correct about its price target of almost $47 in a year, Plug could deliver a 54% return to its shareholders.</p><p>The big buzz with Plug Power is the push by developed countries, including the U.S., to renewable sources of energy. President Biden has proposed a massive infrastructure bill tailored to renewable energy projects, which signals the federal government's willingness to invest in clean-energy solutions.</p><p>Since the year began, Plug Power landed two major joint venture partners. South Korea's SK Group took a 10% equity stake in Plug and will work with the company to develop hydrogen fuel-cell solutions for vehicles and refilling stations. Meanwhile, French auto company<b>Renault</b>formed a joint venture with Plug to tackle Europe's light commercial vehicle market. Following these joint venture announcements, the companyintroduced a gross billings target of $1.7 billion by 2024, which would almost quadruple its forecasted sales for 2021.</p><p>Whether it'll be smooth sailingremains to be seen. The company recently restated years' worth of its income statements, and history hasn't always been kind to the introduction of new automotive technology.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 High-Octane Growth Stocks With 54% to 94% Upside, According to Wall Street</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\">\n5 High-Octane Growth Stocks With 54% to 94% Upside, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 21:56 GMT+8 <a href=https://www.fool.com/investing/2021/06/08/5-high-octane-growth-stocks-with-54-to-94-upside/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If analysts are correct, this assortment of rapidly growing companies could deliver big-time returns over the next year.For the past 12 years, growth stocks have been the key to sending the broader ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/08/5-high-octane-growth-stocks-with-54-to-94-upside/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TCNNF":"Trulieve Cannabis Corporation","PLUG":"普拉格能源","TDOC":"Teladoc Health Inc.","MGNI":"Magnite, Inc.","VXRT":"Vaxart, Inc."},"source_url":"https://www.fool.com/investing/2021/06/08/5-high-octane-growth-stocks-with-54-to-94-upside/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166056944","content_text":"If analysts are correct, this assortment of rapidly growing companies could deliver big-time returns over the next year.For the past 12 years, growth stocks have been the key to sending the broader market higher. Even though value stocks have been the better performer of the two categories over the very long-term, historically low lending rates and trillions of dollars being pumped into the U.S. economy have created a perfect storm for growth stocks to thrive.Yet according to Wall Street's one-year consensus price targets, somegrowth stocksaren't anywhere near realizing their full potential. If analysts' consensus price targets prove accurate, the following five high-octane growth stocks offer upside ranging from 54% to 94% over the next year.Vaxart: Implied upside of 94%The supercharged growth stock on this list with thegreatest implied upsideover the coming 12 months is clinical-stagebiotech stockVaxart(NASDAQ:VXRT). If you're wondering why I've included a clinical-stage drug developer, it's because all of the analysts covering it are forecasting recurring sales for the company, beginning in 2022. If Wall Street's estimates are correct, Vaxart's stock could nearly double from where it closed this past week.What makes Vaxart such a unique drug developer is its approach to developing treatments. Specifically, it develops oral recombinant vaccines, rather than vaccines administered by injection. It should be a lot easier to dispense and administer pills than injections, which could resolve factors like shot hesitancy and vaccine access.Even though it has multiple treatments in the works, most of the buzz surrounding Vaxart has to do with its work in the lab on VXA-CoV2-1, an experimental oral tablet to treat the coronavirus disease 2019 (COVID-19). Data from a phase 1 study in February showed VXA-CoV2-1 met all of its primary and secondary safety and immunogenicity endpoints. The data also signaled that Vaxart's oral treatment may be effective against COVID-19 variants.Though it's probablya bit too earlyto get overly excited about Vaxart, it's a name worth closely monitoring.Trulieve Cannabis: Implied upside of 88%It's no secret that cannabis is set to be one of North America's fastest-growing industries this decade. But amongmarijuana stocks, U.S. multistate operator (MSO)Trulieve Cannabis(OTC:TCNNF)offers some of the most robust upside. If Wall Street's consensus price target of a little over $72 is correct, Trulieve could gallop higher by 88% over the coming year.There are a lot of unique growth strategies among MSOs, but none hasproved more successful than Trulieve's blueprint. At the moment, Trulieve has 88 operational dispensaries. But here's the kicker: 82 of them are located in medical marijuana-legal Florida. By focusing its efforts on a single big-dollar state, Trulieve has been able to saturate the market, effectively build up its brand, and keep its marketing costs down. The company has been profitable for 13 consecutive quarters, and as of the end of 2020 controlled 53% of the Sunshine State's dried flower market and 49% of its high-margin cannabinoid oils market.Equally intriguing is Trulieve's recently announced all-stock deal to acquire MSOHarvest Health & Recreation(OTC:HRVSF)for $2.1 billion. Harvest has a focus on five states, one of which happens to be Florida. Aside from solidifying an even bigger presence in the Sunshine State, Trulieve will gain access to Harvest's state-leading 15 dispensaries in Arizona. The Grand Canyon State legalized recreational weed in November. There's a good chance Trulieve can use Harvest's infrastructure to duplicate its success in Arizona.Magnite: Implied upside of 59%Another high-octane growth stock with significant upside potential, according to Wall Street, is sell-side advertising technology platformMagnite(NASDAQ:MGNI). If analysts are correct about Magnite hitting nearly $46 a share in 12 months, it would represent upside potential of 59%.Magnite finds itself at the center of a double-digit growth trend that should last for a long time to come. As consumers cut the cord to traditional cable and shift to other forms of entertainment and content consumption, businesseswill be more likely to shift their advertising dollarsonline, to apps, and to streaming/connected TV (CTV). Although mobile platforms accounted for almost half of Magnite's revenue last year, it's CTV that looks to be the most intriguing long-term growth driver.One of thebiggest boostsfor Magnite should come from its recently closed cash-and-stock acquisition of SpotX. SpotX generated $31.2 million in sales (less traffic acquisition costs) in the first quarter, with $19.7 million of this net revenue attributable to CTV. That was up 70% from the prior-year period. The now-combined company has sell-side ad platform exposure to the likes offuboTV,Roku,Disney, and WarnerMedia, to name a few leading platforms.With Magnite profitable on a recurring basis and fully capable of sustainable double-digit growth, a 59% 12-month return isn't out of the question.Teladoc Health: Implied upside of 56%Transformativehealthcare stockTeladoc Health(NYSE:TDOC)is also expected to offer abundant upside potential. Based on Wall Street's consensus price target of around $229, Teladoc could rise by a cool 56% over the next 12 months.A lot of folks view Teladoc asone of the biggest winners during the COVID-19 pandemic. With doctors wanting to keep high-risk people and infected patients out of their offices, many turned to virtual visits. Teladoc ultimately handled 10.59 million telehealth visits last year, up from 4.14 million in 2019. But these folks are probably overlooking that Teladoc grew sales by an annual average of 74% in the six years leading up to the pandemic.What makes telemedicine such a winning trend is that itoffers advantages up and down the treatment chain. Telehealth allows patients to stay home for consultations, and it's a tool physicians can use to keep closer tabs on their chronically ill patients. This ease of oversight could result in improved patient outcomes. It also doesn't hurt that virtual visits are billed at a lower rate than office visits.Following its acquisition of leading applied health signals company Livongo Health in the fourth quarter, Teladoc has all the tools needed to provide next-level personalized care. In other words, this price target looks very realistic over the next year.Plug Power: Implied upside of 54%Finally, hydrogen fuel-cell solutions companyPlug Power(NASDAQ:PLUG)is a (pardon the irony) high-octane growth stock with ample upside. If analysts are correct about its price target of almost $47 in a year, Plug could deliver a 54% return to its shareholders.The big buzz with Plug Power is the push by developed countries, including the U.S., to renewable sources of energy. President Biden has proposed a massive infrastructure bill tailored to renewable energy projects, which signals the federal government's willingness to invest in clean-energy solutions.Since the year began, Plug Power landed two major joint venture partners. South Korea's SK Group took a 10% equity stake in Plug and will work with the company to develop hydrogen fuel-cell solutions for vehicles and refilling stations. Meanwhile, French auto companyRenaultformed a joint venture with Plug to tackle Europe's light commercial vehicle market. Following these joint venture announcements, the companyintroduced a gross billings target of $1.7 billion by 2024, which would almost quadruple its forecasted sales for 2021.Whether it'll be smooth sailingremains to be seen. The company recently restated years' worth of its income statements, and history hasn't always been kind to the introduction of new automotive technology.","news_type":1,"symbols_score_info":{"TCNNF":0.9,"TDOC":0.9,"MGNI":0.9,"PLUG":0.9,"VXRT":0.9}},"isVote":1,"tweetType":1,"viewCount":3135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}