Both companies have a long way to go if they are going to bring their technology to commercial viability.The quantum computing investment landscape has shifted multiple times in 2025. At the start of the year, after an impressive December 2024, quantum computing pure-play stocks all sold off. Throughout 2025, upward momentum returned, and several quantum computing stocks are on course for impressive one-year returns. However, these stocks all sold off starting in October as the market's appetite for risk de ...

Lowe's shares lagged the S&P 500 this year. Is there a chance for a rebound?The end of the year brings joy to many as people celebrate the holidays. In between parties and family gatherings, it's also a good time for investors to review their holdings and potential investments.Let's turn to home-improvement retailer Lowe's (LOW 2.94%) to see how the company performed in 2025 and what to look for in 2026. A look at 2025Based on the stock's performance, Lowe's shareholders don't have much to celebrate in 2025 ...

核心观点 - 公司股票在2025年表现强劲，但长期表现落后于标普500指数和竞争对手，其未来股价走势取决于能否延续近期的增长势头，而非回归长期以来的疲软表现 [1][2][3] 市场表现与竞争地位 - 2025年公司股价回报率达40%，表现优于优步，但过去五年股价累计下跌62%，远逊于同期标普500指数83%的涨幅 [2] - 公司在行业中通常被视为仅次于优步的第二名，且不拥有类似优食的外卖服务，这限制了其增长潜力 [2][9] 用户增长与业务规模 - 第三季度活跃乘客数为2870万，同比增长18%，增速略高于优步的17% [5] - 第三季度总订单量为2.488亿次，同比增长15%，低于优步22%的增速，且订单总量远低于优步的35亿次 [6] - 公司已连续十个季度实现乘客数同比双位数增长，但需将增速提升至20%以上，同时季度订单量增速也需达到20%以上才能与优步匹敌 [7] 自动驾驶战略 - 自动驾驶车辆对公司至关重要，可提升利润率并服务更多乘客，落后于此趋势将面临市场份额损失风险 [10] - 公司已宣布计划与Tensor合作，基于英伟达技术打造首批消费者拥有的“Lyft-ready”自动驾驶汽车 [11] - 若能比优步更好更快地整合自动驾驶技术，公司有望夺取市场份额，反之则将错失重大机遇 [11] 盈利能力 - 公司当前净利润率为3%，而优步经常实现双位数利润率，提升利润率是股价上涨的机会 [12] - 赢得自动驾驶竞赛可能带来更高的回报 [12]

BJ's doesn't offer much in the way of growth, whereas TJX is more appealing for the long term.Let's start by saying there's nothing inherently wrong with BJ's Wholesale Club (BJ +0.29%), but there are more exciting options for investors in the retail space heading into 2026. One stock to keep on your radar is TJX Companies (TJX 0.23%). The parent company of brands such as T.J. Maxx, Marshalls, and HomeGoods is on a tear this year and has more flexibility to navigate economic uncertainty than BJ's.NYSE : BJB ...

Although Palantir's stock has looked unstoppable in recent years, that doesn't mean it will keep going up forever.Palantir Technologies (PLTR +4.14%) has been trouncing the markets for the past few years. This year, it's one of the S&P 500's top performers. As of Dec. 16, the artificial intelligence (AI) stock was up around 150%, while the broad index had risen 16%.And since the launch of ChatGPT on Nov. 30, 2022, which opened up the floodgates for all things related to AI, the share price of Palantir has s ...

B & T Capital Management DBA Alpha Capital Management increased its stake in Atlas Energy Solutions (AESI 1.81%) by 306,363 shares, boosting position value by approximately $2.64 million, according to the November 12, 2025, SEC filing.What happenedAccording to a filing with the U.S. Securities and Exchange Commission dated November 12, 2025, B & T Capital Management DBA Alpha Capital Management increased its holding in Atlas Energy Solutions (AESI 1.81%) by 306,363 shares over the prior quarter. The positio ...

Tesla stock blasted higher on news about the company's robotaxi.There may be no other company with a future that hinges more on artificial intelligence (AI) than Tesla (TSLA 0.46%). As it stands today, Tesla's core revenue streams come from electric vehicles (EV) and solar energy equipment.For years, however, the company's eccentric CEO Elon Musk has been promising to revolutionize the business through AI. Specifically, Tesla is seeking to build a fleet of fully autonomous vehicles in an effort to upend the ...

文章核心观点 - 尽管部分科技巨头市值已非常庞大，但其在人工智能领域仍拥有显著的成长机会，当前估值合理，是值得投资的标的 [1][2] 公司分析：Alphabet (GOOG/GOOGL) - 公司是全球最具价值的公司之一，市值达3.7万亿美元，仅次于英伟达的4.3万亿美元 [4] - 投资者曾担忧AI聊天机器人会分流用户，影响其核心搜索业务的统治地位，但公司通过AI增强了谷歌搜索和YouTube的创作者价值 [5][7] - 业务多元化程度高，包括快速扩张的自动驾驶出租车业务Waymo、不断增长的云业务以及自研芯片 [7] - 公司股票远期市盈率为28倍，低于科技精选行业SPDR ETF平均的略低于30倍，估值存在上行空间 [8] 公司分析：Amazon (AMZN) - 公司市值为2.4万亿美元，落后于英伟达和Alphabet，过去12个月股价下跌了4% [9] - 核心业务包括在线市场和云业务AWS，后者是重要的增长驱动力 [10] - 公司拥有自动驾驶出租车业务Zoox，其车辆设计被认为更时尚现代，可能更适合用作自动驾驶出租车 [10] - 近期正将生鲜杂货当日达服务扩展到更多市场，此举可能从竞争对手沃尔玛手中夺取份额，其AI能力在此领域有发挥优势的潜力 [12] - 凭借业务的多元化和丰富的增长机会，公司股票远期市盈率为27倍 [13] 公司分析：Taiwan Semiconductor Manufacturing (TSM) - 公司业务集中，专注于为英伟达等科技公司制造芯片，其低成本运营使英特尔等竞争对手难以匹敌 [14] - 由于AI行业对其代工服务的依赖，这家总部位于台湾的公司扮演着重要角色 [14] - 在截至9月30日的最新季度报告中，营收增长30%，稀释后每股收益跃升39%，运营利润率强劲，约为50% [16] - 公司股价今年已上涨超过40%，市值达1.5万亿美元，远期市盈率略低于24倍，是所列公司中最便宜的股票 [16]

投资行动概要 - B & T资本管理公司（以Alpha资本管理公司名义运营）于2025年11月12日披露，其在第三季度新建仓了iShares全球基础设施ETF，持有104,940股，头寸价值约为641万美元 [1][2] - 此次新建仓头寸约占该公司约6.3041亿美元可报告美国股票资产的1.02% [2] - 该头寸目前未进入该基金前五大持仓之列 [7][8] 标的ETF概况 - iShares全球基础设施ETF旨在通过基于规则指数的方法，为投资者提供全球领先基础设施公司的针对性敞口 [6] - 该基金采用被动管理方式，寻求追踪全球发达和新兴市场大型基础设施公司的表现，至少将80%的资产投资于指数成分股及类似投资 [9] - 该ETF资产管理规模为89.6亿美元，市值为83.9亿美元 [4][6] - 截至2025年11月11日收盘，ETF股价为62.36美元，年度股息收益率为2.94% [4][8] - 该ETF过去一年的总回报率为18.71%，表现优于标普500指数4.90个百分点 [4][8] - 该基金的费用率为0.39% [12] 投资组合与策略 - 该基金投资组合主要由发达和新兴市场大型基础设施公司的股票构成 [9] - 其投资策略聚焦于必需的基础设施资产，旨在通过股息提供稳定收入，并寻求资本增值潜力，具备防御性特征和长期增长前景 [7] - 基金持仓包括NextEra Energy和Constellation Energy Corporation等公司 [12] - 其被动结构和全球覆盖范围，使其成为在多元化投资组合中配置实物资产的核心持仓选择 [10] 基金管理公司持仓对比 - 此次新建仓的iShares全球基础设施ETF头寸价值641万美元，在该基金可报告资产中占比为1.0174% [7][8] - 相比之下，该基金管理公司的前五大持仓为：纳斯达克QQQ（5580万美元，占AUM 8.9%）、纳斯达克VIGI（2634万美元，占AUM 4.2%）、NYSEMKT BIL（2519万美元，占AUM 4.0%）、NYSEMKT SCHX（2140万美元，占AUM 3.4%）和NYSEMKT SCHG（2139万美元，占AUM 3.4%） [8]

After a tough stretch for REITs, Resolution Capital’s entry into Healthcare Realty Trust highlights a view that valuation and cash flow matter more than near-term rate debatesWhat happenedResolution Capital Ltd reported a new position in Healthcare Realty Trust (HR 1.29%), adding 6,402,102 shares valued at $115.43 million as of September 30, 2025, according to its November 14, 2025, SEC filing. The real estate investment trust did not appear in the fund’s previous quarter portfolio. The firm reported $5.14 ...