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.
$騰訊控股(00700.HK)$已添加到$高盛集團(GS.US)$分析人士列舉了該公司今年致力於長期增長和業績不佳的投資。
Tencent ($TENCENT HLD ADR(TCEHY.US)$) is listed as an ADR on the U.S stock exchange.
騰訊控股($騰訊控股HLD ADR(TCEHY.US)$)在美國證券交易所作為美國存託憑證(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)定罪購買清單是分析師預計近期表現優於大盤的個股名單。定罪購買清單正在進行中。隨着市場狀況的變化，高盛(Goldman Sachs)的分析師不斷地在名單中增加和刪除股票。
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)
高盛將其12個月目標價從906港元(約合116.45美元)調高至759港元(約合97.56美元)；
然而，高盛也將2021年至2023年的營收預期下調了3%至5%，主要原因是收緊了對內容、ADS和金融科技的監管，以及推遲了重磅遊戲的推出時間表
騰訊控股買入63只，持有4只，賣出1只；平均買入733港元(約合94.22美元)
What is high conviction?
什麼是高度定罪？
Goldman Sachs keeps two factors in mind when building their buy list:
高盛(Goldman Sachs)在建立買入清單時牢記兩個因素：
The size of the stock's potential return.
The likelihood of the stock to realize that return.
股票潛在回報的規模。
股票實現這一回報的可能性。
With that in mind, a stock with a high conviction has both a large potential return and a likely chance to realize that return.
考慮到這一點，一隻信心十足的股票既有巨大的潛在回報，也有可能實現這一回報。
Are conviction stocks good for investors?
有信念的股票對投資者有好處嗎？
Conviction stocks can be good for investors who are already holding the position in question.
對於已經持有有問題頭寸的投資者來説，有説服力的股票可能是好事。
To contact the reporter on this story:
就這篇報道聯繫記者：
Esha Dey in New York at edey@bloomberg.net
Esha Dey在紐約，電子郵件：edy@bloomberg.net