★ What new judgments have the securities companies on the domestic and international trends? This article focuses on gold stock in October, and 13 stocks were highly recommended by more than 3 securities companies.
1 After National Day, A shares probability rise
In September, A shares rose and fell with a clear trend. Shanghai Composite Index closed up 0.68%, Shenzhen Component Index fell 0.14%, and ChiNext Index rose 0.95%, laying the foundation for the upward attack in October. 11 Shenwan industries recorded increase , utilities and food and beverage led the rise, all of which exceeded 12%; non-ferrous metals, steel, and comprehensive ranked the top declines; real estate, financial consumption, technology, new energy and other sectors rotated rapidly, and some concepts were one-day tours. Excluding September 30, the transaction volume of in the two markets remained above one trillion yuan throughout the month.
stock , after excluding the second-new stocks, most of the big bull stocks in September are cyclical stocks. Asset restructuring concept Guangyu Development is ahead of the board, gaining 13 consecutive boards, with a cumulative increase of 227.14%; the stock prices of power sector Dajin Heavy Industry and Mindong Electric Power doubled; Environmental protection Qingshuiyuan , Yuanyun Zhongqingbao rose by more than 80%; energy stocks such as Hengrun Co., Ltd., Baose Co., Ltd., Jizhong Energy, and Jinlei Co., Ltd. all rose by more than 70%.
10 market is about to unfold. Securities Times·Databao sorted out the performance of the A-share market in the past 10 years and found that except for 2014, when the index fell slightly and 2018, when the whole year was sluggish, the market recorded an increase in the rest of the years. Tianfeng Securities said that the risk window period will pass, and A-shares are likely to rise after the holiday; , but prediction model is based on historical data, and it is still necessary to pay attention to risks such as changes in the market environment.
Institutions are cautious about the October market
The third quarter report is still expected to exceed expectations
Most institutions are cautious about the October market. Dongwu Securities believes that due to the impact of factors such as the epidemic, real estate, consumption, etc., the economic downward trend shown by the fundamental data after the holiday may exceed expectations. The upward risks of US bonds and the unrecognized US debt ceiling have also added new uncertainty to the market; Everbright Securities believes that under the high price environment of PPI , A-share listed companies are still expected to grow beyond expectations in the third quarter report.
macro systemic risk is small
China Merchants Securities said that Federal Reserve Taper rhythm and future interest rate hike expectations are both relatively hawkish, suppressing overseas liquidity expectations. US dollar index strengthened in stages and US Treasury yields rebounded significantly. As the global epidemic has improved marginally and the economic operation has been further desensitized from the epidemic, a "trading opportunity" has emerged in Sino-US relations. Galaxy Securities said that the Taper rhythm is basically clear, and the implementation and implementation of subsequent policies are expected to have limited impact on asset performance.
At the same time, institutions believe that the Evergrande incident is a structural disturbance rather than a systemic risk for A-shares, and the market's concern about the financial risks caused by real estate has been confirmed to be alleviated. In late September, the central bank and Banking and Insurance Regulatory Commission stated that it would implement prudent management of real estate finance and maintain the healthy development of the real estate market.
"Power Limit" impact is expected to slow down
Galaxy Securities stated that power restrictions in many provinces and regions have had a major impact on manufacturing and production, and may subsequently lead to weak domestic demand, weak consumption, and further economic decline. Given that the power restrictions and production shutdowns have had too much impact on the economy, solutions such as raising electricity prices and accelerating the construction of new power systems may be implemented soon, and the market is expected to return to the "dual carbon" theme.
Guotai Junan believes that under the dual control of energy consumption, the squeeze of the increase in raw material prices on the profits of midstream and downstream enterprises will be difficult to alleviate in the short term, but considering the boundary between stabilizing growth and stabilizing employment, the most prominent contradiction between production restrictions and supply and demand is about to pass.
Pay attention to the third-quarter performance and high growth in individual stocks
Everbright Securities said that historically, the October increase in individual stocks is significantly positively correlated with the growth rate of their third-quarter performance.It is worth noting that for upstream resource sectors, individual stocks with high performance growth and expected price increases in the future should be selected. cyclical stocks with weaker price increases are expected to continue to weaken, although their performance may be good, their stock price performance may also continue to weaken.
infrastructure stocks were recommended by institutions
industry allocation, due to the large downward pressure on the economy, the infrastructure industry chains such as building materials, cement, and machinery equipment that are expected to continue to make efforts in the fourth quarter have become the hearts of various securities companies. At the same time, the growth sectors such as photovoltaic and wind power under the background of dual energy consumption control, and the new energy and semiconductor sectors with high popularity and still have room for valuation are also recommended and paid attention to by securities companies.
brokerage October gold stocks were released
Comprehensively evaluated 16 brokerage companies in October gold stocks, a total of 13 stocks were recommended by 3 or more brokers. Oriental Fortune is the most eye-catching, and it has been included in the October gold stock list of 6 brokerages. Jiajin Securities said that the company is a scarce fintech target with Internet genes, own traffic and financial licenses. Its PE is currently at a historical low and may fully benefit from the active capital market and medium- and long-term development. Kweichow Moutai was recommended by 5 brokers, ranking second; WuXi AppTec and China Zhongdu each received 4 recommendations. The top three institutions ratings are Wuliangye , Kweichow Moutai and China Duty , each with 50, 46 and 42 institutions participating in the rating. The top three institutional rating potential are ZTE , Huayou Cobalt and Wuliangye , with the upward space of 47.49%, 45.29% and 36.02% respectively. Except for China Power Construction , the number of other individual stocks has more than 20 institutional ratings and the unanimous forecast of upward room is above 10%.
Statement: All information content in Databao does not constitute investment advice. The stock market is risky, so be cautious when investing.
