Tencent added to Goldman conviction list on growth, valuation
Tencent added to Goldman conviction list on growth, valuation
By Esha Dey
伊莎·迪(Esha Dey)著
$Tencent(00700.HK)$ has been added to$Goldman Sachs Group(GS.US)$'s conviction list. Analysts cited the company's committed investments toward long-term growth and underperformance this year.
$腾讯控股(00700.HK)$已添加到$高盛集团(GS.US)$分析人士列举了该公司今年致力于长期增长和业绩不佳的投资。
Tencent ($TENCENT HLD ADR(TCEHY.US)$) is listed as an ADR on the U.S stock exchange.
腾讯控股($腾讯控股HLD ADR(TCEHY.US)$)在美国证券交易所作为美国存托凭证(ADR)上市。
The Goldman Sachs conviction buy list is a list of stocks that analysts expect to outperform the market in the near future. The conviction buy list is ongoing. Analysts from Goldman Sachs continuously add and remove stocks from the list as market conditions shift.
高盛(Goldman Sachs)定罪购买清单是分析师预计近期表现优于大盘的个股名单。定罪购买清单正在进行中。随着市场状况的变化，高盛(Goldman Sachs)的分析师不断地在名单中增加和删除股票。
Goldman changed its 12-month price target to HK$759 (approximately $97.56) from HK$906 (approximately $116.45);
However, Goldman also lowered 2021-2023 revenue estimates by 3%-5%, mainly on tightening regulations on content, ads, and Fintech, as well as delayed launching timeline of blockbuster games
Tencent has 63 buys, 4 holds, 1 sell; avg PT HK$733 (approximately $94.22)
高盛将其12个月目标价从906港元(约合116.45美元)调高至759港元(约合97.56美元)；
然而，高盛也将2021年至2023年的营收预期下调了3%至5%，主要原因是收紧了对内容、ADS和金融科技的监管，以及推迟了重磅游戏的推出时间表
腾讯控股买入63只，持有4只，卖出1只；平均买入733港元(约合94.22美元)
What is high conviction?
什么是高度定罪？
Goldman Sachs keeps two factors in mind when building their buy list:
高盛(Goldman Sachs)在建立买入清单时牢记两个因素：
The size of the stock's potential return.
The likelihood of the stock to realize that return.
股票潜在回报的规模。
股票实现这一回报的可能性。
With that in mind, a stock with a high conviction has both a large potential return and a likely chance to realize that return.
考虑到这一点，一只信心十足的股票既有巨大的潜在回报，也有可能实现这一回报。
Are conviction stocks good for investors?
有信念的股票对投资者有好处吗？
Conviction stocks can be good for investors who are already holding the position in question.
对于已经持有有问题头寸的投资者来说，有说服力的股票可能是好事。
To contact the reporter on this story:
就这篇报道联系记者：
Esha Dey in New York at edey@bloomberg.net
Esha Dey在纽约，电子邮件：edy@bloomberg.net