Alibaba Group Holding (NYSE:BABA) is being crushed by politics, on both sides of the Pacific. Regulatory woes domestically and internationally are eating into BABA stock, toppling a company with otherwise fantastic valuation.
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China’s leading Cloud Emperor is down nearly 30% so far in 2021. All the technical signs are bearish. Chinese President Xi Jinping has hit the company with harsh regulations.
The crackdown on Chinese tech companies by the government has some investors considering Chinese investing as a whole. Alibaba doubly bruised not only regulations, but the bearish tailwinds from the onslaught.
Hot China Stocks For 2023: Summit Materials, Inc.(SUM)
Summit Materials, Inc., incorporated on September 23, 2014, is a construction materials company. The Company operates through three segments: West, Central and East. The Company has operations in approximately 20 states in the United States and in British Columbia, Canada. The Company’s materials include aggregates, which it supplies across the country, with a focus on Texas, Kansas, Utah, Missouri and Kentucky, and cement, which it supplies primarily in Missouri, Iowa and along the Mississippi River. Within the Company’s markets, it offers construction materials and related downstream products. In addition to the supply of aggregates to its customers, the Company also uses its materials internally to produce ready-mixed concrete and asphalt paving mix. Its construction materials operations consist of aggregates production, including crushed stone and construction sand and gravel, cement and ready-mixed concrete production and asphalt paving mix production.
The Company serves markets, including residential construction, nonresidential construction and public infrastructure construction. Its residential construction includes single family houses and multi-family units, such as apartments and condominiums. Its nonresidential construction encompasses various privately financed construction other than residential structures. Its public infrastructure construction includes spending by federal, state and local governments for highways, bridges, airports, schools, public buildings and other public infrastructure projects. As of January 2, 2016, the Company operated approximately 140 quarries and sand deposits, over 50 asphalt paving mix plants, and over 70 fixed and portable ready-mixed concrete plants, over two cement plants and over eight cement distribution terminals.
West Segment
The Company’s West segment includes operations in Texas, the Mountain states of Utah, Colorado, Idaho and Wyoming, and in British Columbia, Canada. The Company supplies aggregates, ready-mixed concrete, asphalt paving mix and paving and related services in the West segment. During the year ended January 2, 2016, approximately 60% of the Company’s revenue had been generated from the west segment.
East Segment
The Company’s East segment serves markets extending across the Midwestern and Eastern United States, in Kansas, Missouri, Kentucky, South Carolina, Nebraska and Iowa, where the Company supplies aggregates, ready-mixed concrete, asphalt paving mix and paving and related services. During the year ended January 2, 2016, approximately 30% of the Company’s revenue had been generated from the east segment.
Cement Segment
The Company’s Cement segment consists of its Hannibal, Missouri and Davenport, Iowa cement plants and approximately eight distribution terminals along the Mississippi River from Minnesota to Louisiana. The Davenport cement plant primarily serves markets in Missouri, Iowa and along the Mississippi River. During the year ended January 2, 2016, approximately 10% of the Company’s revenue had been generated from the cement segment.
The Company competes with Vulcan Materials Company, Martin Marietta Materials, Inc., CRH plc, Heidelberg Cement plc, LafargeHolcim, CEMEX, S.A.B. de C.V. and Buzzi Unicem USA.
Advisors’ Opinion:
- [By Stephan Byrd]
Rhumbline Advisers raised its position in Summit Materials Inc (NYSE:SUM) by 46.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 150,864 shares of the construction company’s stock after acquiring an additional 47,582 shares during the period. Rhumbline Advisers owned approximately 0.14% of Summit Materials worth $1,871,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Summit Materials Inc (NYSE:SUM)’s share price shot up 7.4% on Wednesday following insider buying activity. The stock traded as high as $17.78 and last traded at $17.71. 2,267,248 shares traded hands during trading, an increase of 25% from the average session volume of 1,815,984 shares. The stock had previously closed at $16.49.
Hot China Stocks For 2023: Eaton Vance Enhanced Equity Income Fund II(EOS)
Eaton Vance Enhanced Equity Income Fund II is a diversified, closed-end management investment company. The Company’s primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Company invests in a portfolio of primarily large-and mid-cap securities that the investment adviser believes have above-average growth and financial strength and writes call options on individual securities to generate earnings from the option premium. The Company’s portfolio includes investments in various sectors, such as aerospace and defense, consumer finance, auto components, electrical equipment, banks, beverages, biotechnology, capital markets, chemicals, communications equipment, energy equipment and services, food and staples retailing, food products, healthcare equipment and supplies, healthcare technology, information technology (IT) and services, among others. Eaton Vance Management is the investment adviser of the Company. Advisors’ Opinion:
- [By Ethan Ryder]
EOS (CURRENCY:EOS) traded 2.8% lower against the dollar during the 24-hour period ending at 23:00 PM E.T. on August 25th. In the last week, EOS has traded down 4% against the dollar. EOS has a total market capitalization of $4.43 billion and approximately $344.84 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be bought for about $4.89 or 0.00073541 BTC on popular exchanges including Kucoin, Mercatox, ChaoEX and Bitfinex.
- [By Joseph Griffin]
EOS (CURRENCY:EOS) traded 0.7% higher against the U.S. dollar during the 1 day period ending at 16:00 PM ET on July 4th. In the last seven days, EOS has traded 13.1% higher against the U.S. dollar. One EOS token can now be purchased for approximately $9.05 or 0.00135304 BTC on major cryptocurrency exchanges including DragonEX, ChaoEX, Hotbit and HitBTC. EOS has a market cap of $8.11 billion and approximately $912.71 million worth of EOS was traded on exchanges in the last 24 hours.
- [By Shane Hupp]
EOS (CURRENCY:EOS) traded up 9.3% against the US dollar during the 1 day period ending at 20:00 PM E.T. on July 2nd. During the last week, EOS has traded up 8.5% against the US dollar. One EOS token can now be purchased for $8.89 or 0.00135160 BTC on exchanges including Zebpay, CoinEx Market, ChaoEX and Tidex. EOS has a market cap of $7.96 billion and $1.02 billion worth of EOS was traded on exchanges in the last day.
- [By Stephan Byrd]
EOS (CURRENCY:EOS) traded 4.1% higher against the US dollar during the 24 hour period ending at 14:00 PM E.T. on June 27th. EOS has a total market capitalization of $7.24 billion and $772.07 million worth of EOS was traded on exchanges in the last 24 hours. Over the last week, EOS has traded down 22.9% against the US dollar. One EOS token can currently be purchased for approximately $8.08 or 0.00131687 BTC on major cryptocurrency exchanges including Kuna, Bibox, Cryptopia and CoinExchange.
Hot China Stocks For 2023: Estee Lauder Companies, Inc. (EL)
The Estee Lauder Companies Inc., incorporated on December 9, 1976, is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores, specialty retailers, upscale perfumeries and pharmacies and prestige salons and spas. In addition, its products are sold in freestanding Company-operated stores, its own and authorized retailer Websites, stores on cruise ships, direct response television (DRTV), in-flight and duty-free shops and certain fragrances are sold in self-select outlets.
As part of its strategy to diversify its distribution, the Company has been selectively opening new single-brand stores that the Company or its distributors operate. The MžAžC, Aveda, Jo Malone and Origins brands have been the primary focus for this method of distribution, and the Company is expanding to other brands. The Company operates approximately 940 freestanding stores and, its distributors operate approximately 370 freestanding stores worldwide. It currently sells products from 14 of its brands directly to consumers online through approximately 120 of its own e-commerce and certain of its m-commerce sites. Additionally, its products are sold on various retailer websites. Some or all of these brands are sold online in 28 countries including the following: the United States, Canada, the United Kingdom, France, Germany, Austria, Brazil, Russia, Denmark, Italy, Australia, Korea, China and Japan.
The Company’s range of skin care products addresses various skin care needs for women and men. These products include moisturizers, creams, lotions, serums, cleansers, sun screens and self-tanning products, a number of which are developed for use on particular areas of the body, such as the face or the hands or around the eyes. The Company manufactures markets and sells an array of makeup products, including lipsticks, lip glosses, mascaras, foundations, eye shadows, nail polishes and powders. Many of the products are offered in an array of shades and colors. It also sells related items, such as compacts, brushes and other makeup tools.
The Company offers a range of fragrance products for women and men. The fragrances are sold in various forms, including eau de parfum sprays and colognes, as well as lotions, powders, creams and soaps that are based on a particular fragrance. The Company’s hair care products are offered mainly in salons and in freestanding retail stores and include hair color and styling products, shampoos, conditioners and finishing sprays. Estee Lauder brand products consist of skin care, makeup, and fragrance products. The Company’s Aramis and Designer Fragrances division creates, markets and distributes fragrance and skin care products, including Aramis, Lab Series, Tommy Hilfiger, Donna Karan Cosmetics, Michael Kors, Coach and Ermenegildo Zegna. Clinique skin care and makeup products are marketed as part of the three-step system: cleanse, exfoliate, moisturize. Other Clinique skin care products include de-aging solutions to help prevent, halt and diminish the visible effects of sun, wind, stress and pollution, and assist in repair to help visibly restore contour, minimize the look of lines and wrinkles. Clinique also offers lines of fragrances.
Le Labo (The Lab) is a fragrance and sensory lifestyle brand with a distinct French heritage. Origins sells its products at the Company’s freestanding Origins stores and through stores-within-stores (which are designed to replicate the Origins store environment within a department store), at traditional retail counters and in perfumeries. Origins also have a license agreement to develop and sell products using the name of Dr. Andrew Weil. M.A.C products consist of a line of color-oriented, professional cosmetics and professional makeup tools targeting makeup artists and fashion-conscious consumers. The products are sold primarily through a limited number of department and specialty stores and at its freestanding M.A.C stores. The Bobbi Brown line includes color cosmetics, skin care, professional makeup brushes and tools, accessories and fragrances. Bobbi Brown products are sold through a limited number of department and specialty stores.
La Mer products primarily consist of moisturizing creams, lotions, serums and other skin care products. Aveda is a manufacturer and marketer of plant-based hair care, skin care, makeup and fragrance products. Jo Malone is a fragrance portfolio and luxury products for the bath, body and home. Products are also available through a company catalogue, at the Company’s freestanding stores, online and at a very limited group of department stores, specialty stores and perfumeries. Bumble and bumble is a New York-based hair care company with two salons that creates hair care and styling products distributed through salons and select retailers. Darphin is a Paris-based company dedicated to the development, manufacture and marketing of skin care products, which are distributed primarily through high-end independent pharmacies and specialty stores. Brands developed and marketed under the BeautyBank umbrella include FLIRT! And GoodSkin Labs.
The Company competes with L’Oreal S.A.; Shiseido Company, Ltd.; Beiresdorf AG; LVMH Moet Hennessey Louis Vuitton; Coty, Inc.; The Procter & Gamble Company, and Avon Products, Inc.
Advisors’ Opinion:
- [By ]
But there's a lot more to Monday's rally than just a 2.4% gain in shares of Pfizer. More vaccines means less COVID, and less COVID means more travel and leisure, which is great news for a host of sectors. As people go out more, they'll want more products from Estee Lauder (EL) – Get Report, for example, and they'll be eating out more at Chipotle Mexican Grill (CMG) – Get Report.
- [By Jeremy Bowman]
Shares of Estee Lauder (NYSE:EL) were rising last month after the cosmetics giant turned in a strong second-quarter earnings report. Like other beauty companies, Estee Lauder appears to be benefiting from surging sales in the prestige-beauty segment. According to data from S&P Global Market Intelligence, the stock finished February up 15%.
- [By Max Byerly]
EL has been the subject of several recent research reports. Zacks Investment Research raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $140.00 price objective for the company in a report on Friday, January 18th. Citigroup raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $145.00 to $155.00 in a report on Wednesday, January 2nd. Piper Jaffray Companies reissued a “buy” rating and set a $151.00 price objective on shares of Estee Lauder Companies in a report on Monday, December 31st. ValuEngine raised Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Wednesday, January 30th. Finally, Deutsche Bank boosted their price objective on Estee Lauder Companies to $167.00 and gave the stock a “buy” rating in a report on Wednesday, February 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $153.45.
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About Estee Lauder Companies
- [By Joseph Griffin]
Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Estee Lauder Companies Inc (NYSE:EL) by 10.2% in the 4th quarter, Holdings Channel reports. The firm owned 214,126 shares of the company’s stock after acquiring an additional 19,879 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Estee Lauder Companies were worth $26,911,000 as of its most recent filing with the SEC.
