Conclusion: the three low continue to dig gold, and the three high eliminate the false and retain the true
Research and judgment of the general trend: looking forward to April, we suggest to continue to dig the gold [three lows] and eliminate the false and retain the true of the [three highs] with the help of rebound.
Industry configuration: dig deep into the stable growth chain, high score red chain, inflation chain, travel chain and independent and controllable chain.
April April gold shares: April April gold shares: April gold shares: Bank (601 Bank Of Nanjing Co.Ltd(601009) \ ), electronics ( Konfoong Materials International Co.Ltd(300666) ) and new materials ( Xinxing Ductile Iron Pipes Co.Ltd(000778) ). Three low continue to dig gold, three high eliminate false and retain true
Looking forward to the second quarter, the market generally expects the counter attack of “three high” track stocks, while we believe that the advantage of “three low” strategy will continue. We suggest that we continue to dig for the “three lows” and eliminate the false and retain the true “three highs” with the help of rebound. Focusing on the “three lows”, the large market value has been steadily growing, and the small and Meixin growth stocks are the main ones. We have explored opportunities in five areas, including the real estate chain, dividend chain, travel chain, inflation chain and independent and controllable chain.
Specific to April, the index level is expected to rise first and then decline. Specifically, on the one hand, according to the news, on March 29 local time, Russian Deputy Minister of defense fuming said that the Russian Ministry of defense decided to significantly reduce military operations in Kiev and Chernigov. The gradual easing of the situation between Russia and Ukraine will boost global risk appetite in the short term; On the other hand, April entered the financial reporting season. The statistical law shows that since 2010, the probability of increase in early April has reached 75%, while the probability of increase in late April has dropped to 42%.
At the structural level, we believe that we can focus on stable growth, high dividends, price rise chain, new growth and balanced allocation of travel chain. Specifically, first, steady growth and bottom position, represented by real estate, banking and construction; Second, the financial reporting season focuses on high dividend varieties, represented by banks, communications and coal; Third, pay attention to the inflation chain, represented by agriculture, forestry, animal husbandry and fishery and supermarkets; Fourth, for the new growth, explore the small and beautiful represented by semiconductors. At the same time, explore the real growth under the background of the great differentiation of track stocks; Fifthly, for the damaged chain of the epidemic, although the boom is affected by the recent epidemic, with the more refined and scientific epidemic prevention and control and the promotion of covid-19 specific drugs, we can pay attention to the repair opportunities after the weakening impact of this round of epidemic.
