Securities companies are generally optimistic about the market expectation in April, and the mainstream focuses on two main lines: performance certainty and steady growth.
securities companies released the market judgment in April
focus on performance certainty and steady growth
In March, the overall market fluctuated greatly, and the three major A-share indexes closed down by more than 6%. In terms of Shenwan industry, only five sectors such as coal and real estate recorded an increase in the whole month, with electronics, non-ferrous metals and household appliances leading the decline.
securities companies are optimistic about the overall market expectation in April, and the mainstream focuses on the two main lines of performance certainty and steady growth. At the same time, China's institutions still need to wait for the signal of reversal of the external trend, and the risk is still disturbing the Chinese market
Galaxy Securities suggests stagflation risk. The recent Russian Ukrainian negotiations showed positive signals, but before the lifting of sanctions, the global stagflation risk of supply shock chain increase can not be ignored. In early May, the Federal Reserve's second interest rate hike and table reduction plans were probably implemented, and the US bond interest rate further rose, which will significantly suppress the valuation of equity assets. The configuration proposal focuses on cost performance, steady growth and high prosperity.
Some securities companies study and judge the market bottom Northeast Securities Co.Ltd(000686) believes that the conflict between Russia and Ukraine may ease, and the restriction of the Fed's interest rate hike on China's liquidity is expected to ease in April. The internal economy is down, and the steady growth policy may lead to loose liquidity, which does not rule out the possibility of further interest rate and reserve requirement cuts. On the whole, the shock is expected to continue in April, the probability of market bottom is low, and the growth maintaining related industries and some high boom industries may be stronger.
Central China Securities Co.Ltd(601375) said that the epidemic situation in China expanded, and the PMI fell below the boom and bust line again in March. The future economic development momentum needs to be observed. The policy bottom has appeared, and the market bottom may be found in the next stage. There is a high probability that the market will fluctuate at the stage bottom in April.
Everbright Securities Company Limited(601788) then remind to pay attention to the performance of the first quarterly report. It believes that the current market's expectation of profit growth in 2022 is high, and the probability of low annual performance is high. Therefore, the stock prices of industries with good performance in the first quarterly report may have a better performance. According to the industry distribution of companies that disclosed the business data from January to February, consumer industries such as food and beverage and medicine, and steady growth industries such as construction and building materials may have a good performance.
Guosheng securities also said that the high correlation between the stock price performance and the performance of the first quarterly report is an important feature of the April market, while the correlation between the annual report performance and the performance of individual stocks in April is not significant. It is expected that the top industries in the first quarter will focus on upstream resources and high boom track sectors.
securities companies collectively recommended these stocks in April
Securities Times · databao comprehensively studied and judged the A-share market of 36 securities companies in April and sorted out the list of individual stocks collectively recommended by more than 3 securities companies, with a total of 24 shares on the list. Large market value leaders, steady growth and consumer sectors are still favored by many institutions Kweichow Moutai Co.Ltd(600519) attracted the most attention and entered the "gold stock" portfolio of 7 Securities Companies in April Chongqing Zhifei Biological Products Co.Ltd(300122) , China Mobile followed closely, and tied for the second place with the recommendation of 6 securities companies Yangling Metron New Material Co.Ltd(300861) and Longi Green Energy Technology Co.Ltd(601012) became the "gold shares" of five securities companies this month.
Judging from the difference between the latest price of individual stocks and the target price of institutions, Topchoice Medical Co.Inc(600763) has the largest room for rise, and the target price is more than twice the current price; Since then, the rising space of Yangling Metron New Material Co.Ltd(300861) , Longi Green Energy Technology Co.Ltd(601012) , North Industries Group Red Arrow Co.Ltd(000519) , Tongwei Co.Ltd(600438) has exceeded 60% the latest ratings of Kweichow Moutai Co.Ltd(600519) , China stock market news, Wuxi Apptec Co.Ltd(603259) , Bank Of Ningbo Co.Ltd(002142) are above 30 North Industries Group Red Arrow Co.Ltd(000519) and Hunan New Wellful Co.Ltd(600975) institutions paid less attention to 10.
Up to now, the annual net profit of Chongqing Zhifei Biological Products Co.Ltd(300122) , Tongwei Co.Ltd(600438) Tongwei Co.Ltd(600438) has doubled based on the median value of the annual report or forecast interval. For the former, due to increasing R & D investment, the sales of independent products and agency products have continued to increase steadily; The latter benefited from the growth of downstream demand, the supply of high-purity crystalline silicon products was in short supply, and the market price increased significantly, so as to achieve a significant increase in profits. Since then, the net profit of Quectel Wireless Solutions Co.Ltd(603236) , China stock market news, Wuxi Apptec Co.Ltd(603259) , North Industries Group Red Arrow Co.Ltd(000519) has increased by more than 70% year-on-year.
It is worth noting that among the above-mentioned stocks, 5 stocks have issued a quarterly performance forecast. Among them, Tongwei Co.Ltd(600438) , North Industries Group Red Arrow Co.Ltd(000519) , Chongqing Zhifei Biological Products Co.Ltd(300122) achieved high growth, and the median year-on-year growth rate of net profit was 496%, 168.82% and 100% respectively; The remaining two shares China National Nuclear Power Co.Ltd(601985) and Kweichow Moutai Co.Ltd(600519) also achieved performance growth of 55% and 19% respectively.
