Business
China’s Growth Stocks Are About 60%-70% Overvalued: BofA
Bloomberg’s Boston Bureau Chief Brooke Sutherland says Maine Democrats are racing to choose a new Senate nominee after Graham Platner withdrew, leaving the party with little time to unify behind a replacement in a race viewed as critical to control of the Senate. She says party leaders face pressure over the candidate vetting process as delegates prepare to select a nominee from a crowded field ahead of the filing deadline.
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Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.
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“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc
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Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX
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@gitingrewal2204
December 31, 2023 at 2:33 pm
Kapur is amazing! Was dead right
@hatchegg80
December 31, 2023 at 2:33 pm
Spot on
@dfjpr
December 31, 2023 at 2:33 pm
He's like Trump, her reads his charts upside down.
@dfjpr
December 31, 2023 at 2:33 pm
Quite astonished to hear that he is "modelling" Alibaba "fair value" at around a PE ratio of 5 with sustained 20+% growth and no debt.
@jesselivermore2291
December 31, 2023 at 2:33 pm
anyone who buys chinese stocks better know somebody inside ccp, or else you will be robbed.
@kunalseth6437
December 31, 2023 at 2:33 pm
👍👍👍
@Bipkhim
December 31, 2023 at 2:33 pm
He is fighting India's battle with China…
@Bipkhim
December 31, 2023 at 2:33 pm
He is a full of …. (You fill in the blank)
@Samantha-sj1kr
December 31, 2023 at 2:33 pm
venturing into the trading world without the help of a professional trader and expecting profit is like turning water into wine ,you would need a miracle, that's why I trade with Mrs Luna lucia, her skills set exceptional
@ChiChi-sw5iu
December 31, 2023 at 2:33 pm
I like Ajay's voice and eloquence
@akashpatel1006
December 31, 2023 at 2:33 pm
Bofa is dumy bank anyways
@jessealedonis466
December 31, 2023 at 2:33 pm
Covid deaths numbers are all false data.
@eworknow1889
December 31, 2023 at 2:33 pm
Can't know how I stopmed onto this. All in all Awesome content 🙌🙌. I also watched those rather similar from mStarTutorials and kinda wonder how you guys create these clips. MStar Tutorials also had cool info about similiar money making things on his vids.
@AntonioLexanTeh
December 31, 2023 at 2:33 pm
The definition of a clown
@paolobertolotti8242
December 31, 2023 at 2:33 pm
This guy is a clown. You can say i don't trust Chinese stocks, that could be fair, it's your pov (which is not my case) but you can't say that Alibaba, Jd, Baidu are 60% overvalued considering their financials and growth prospects. It's litteraly crazy
@crp2974
December 31, 2023 at 2:33 pm
Completely deflects the question on the big screen lulzzz
@MoritaJunichiro
December 31, 2023 at 2:33 pm
🌏📊👈🏻🇺🇸faike
@xpkareem
December 31, 2023 at 2:33 pm
So by his valuation method BABA would be worth about $120 a share or about a PE of 7 on TTM. This guy thinks BABA's fair multiple is a 7 PE. Get the f*ck out of here man. They must have good drugs at BofA.
@Lu89m
December 31, 2023 at 2:33 pm
I’ll do the exact opposite of what this dude saying lmao
@TYUAN2009
December 31, 2023 at 2:33 pm
Regulatory concern yes! China tech overvalued? He is completely off!
@dohminkonoha3200
December 31, 2023 at 2:33 pm
The end is here
@tommay7735
December 31, 2023 at 2:33 pm
Buy India!! SEA exchina! Valuation? We have no clue, what the bottom line really is.
@cckaedejay
December 31, 2023 at 2:33 pm
what a bullsht guy he is….
@apvial
December 31, 2023 at 2:33 pm
He is 100% correct
@threecolorsblue
December 31, 2023 at 2:33 pm
Sometimes I'm wondering why people belive this BS. How the stock can be overvalued if FED and rest of the word printed unprecedented QTY of money.
This guy says this basing on some thought which is only conditionally correct and can not be applied to printing money policy.
Most of companies in China are far more advance then in the rest of the world.
The biggest population
The biggest middle class of milioners
You name it.
Check the 13f reports you will see who buys China stock. GS, JPM, They say something else to public and they buy with each deep.
@akashgiri1985
December 31, 2023 at 2:33 pm
This Clown 🤡
@akashgiri1985
December 31, 2023 at 2:33 pm
This guy is an Indian and Indians are always against investing in China.
@danielgriffin8132
December 31, 2023 at 2:33 pm
The ride is over
@vm6971
December 31, 2023 at 2:33 pm
As if American stocks are not overvalued. Lies lies lies
@webdeuce
December 31, 2023 at 2:33 pm
Ajay is the Indian that all Indians like me run away from when we come to USA for college ::::)))))))smh ….. nothing he said will pay off in the next 5 years …
@333bctan
December 31, 2023 at 2:33 pm
Check out the hair … no wonder 😆
@xdude57
December 31, 2023 at 2:33 pm
BoFA clients – run! Don't give your money to this buffoon 🙂
@mindtwister1984
December 31, 2023 at 2:33 pm
Bloomberg endorsed this man? They really think the audiences are dumb.
@wils5923
December 31, 2023 at 2:33 pm
Looking back at what's happened this week, this guy is a prophet! He was warning all the amateur investors.
@warrenz597
December 31, 2023 at 2:33 pm
Kapur looks like a prefab straight out of the Bozo Factory
@muhammadnizaelaghifari5308
December 31, 2023 at 2:33 pm
🤣🤣
@mattsmith6509
December 31, 2023 at 2:33 pm
🤯🤯🤯👀👀😳😳
@nnn6054
December 31, 2023 at 2:33 pm
This guy is insane if he thinks baba is a 200 billion dollar company when they have over 70 billion dollars of cash. Let that sink in for a second.
@marioalll
December 31, 2023 at 2:33 pm
The future of China is way better than that of the US..for me, the REAL RISK is not being invested in China.
@siddhantproma
December 31, 2023 at 2:33 pm
WHEN WHOLEWORLD STOCK MARKET IS STRUGGLING,THE INDIAN STOCK MARKET IS BOOMING.I AM VERY HAPPY TO INVEST IN INDIA 🇮🇳.
@lucasthomos6648
December 31, 2023 at 2:33 pm
Am from Spain, my friend in Texas referred me to this channel you make a lot of sense but I do not understand anything until she referred me to a financial counselor in USA that help me to craft my portfolio and over a year we have been working together making consistent profit enough to get me a new apartment and care for parents.
@ginyamaguchi1421
December 31, 2023 at 2:33 pm
Guess who bought up all your paper handed Chinese shares?
Ajay did. Ajay got your shares on the cheap.
Remember guys. They don't give you advise on msm. They give you instructions how to lose money.
@vids4anand
December 31, 2023 at 2:33 pm
Got it! Never buy boa
@nakosimpson7459
December 31, 2023 at 2:33 pm
Tuff
@virex7684
December 31, 2023 at 2:33 pm
China have a habit of not telling truth so no surprise there XD china day r over now
@YkpMOBA_Homep1
December 31, 2023 at 2:33 pm
I sold them -Chona and India.
@dimsumden5745
December 31, 2023 at 2:33 pm
What about American growth stocks….95% overvalued?
@clintoncoltd2502
December 31, 2023 at 2:33 pm
Hello everyone, my company is given out some money, 98% of your investment is guaranteed within 3 weeks you invest in us, it's gonna be in 4folds of what you invest on, Your investment is 100% secured.
@ericwli
December 31, 2023 at 2:33 pm
What about American tech stocks, I think they are 90% overvalued.