招商证券:高内在回报率与局部景气仍是市场选择
In recent market analysis,招商证券 has highlighted that pursuing high intrinsic return rates and focusing on sectors with upward local prosperity remain key choices for the subsequent market. This perspective comes amidst a shift in market style and adjustments in red-herring assets, as the market begins to set new directions following the release of half-year reports.
Market Style Shift and Asset Adjustments
According to a research report by招商证券, since late August, the market style has experienced some changes, with red-herring assets undergoing significant adjustments. This shift follows the release of half-year reports, which have prompted the market to begin planning for new directions. In this context, sectors such as consumption, manufacturing, and technology growth have seen notable increases.
Low Growth and Volatility in Current Profits
Looking forward,招商证券 believes that current profits are trending towards low growth and low volatility. As a result, the pursuit of high intrinsic return rates and focusing on sectors with upward local prosperity remain the key choices for the subsequent market.
Industry Focus and Recommendations
In terms of industry focus,招商证券 has recommended paying attention to sectors that are expected to stabilize first, including the automotive, home appliance, and trade and retail sectors within the consumer service industry. The company has also recommended the electricity grid equipment and machinery sectors within the mid-to-high-end manufacturing industry, as well as the electronics and pharmaceutical sectors within the technology and medicine industry.
Intrinsic Return and Local Prosperity
招商 Securities emphasized that the pursuit of high intrinsic return rates is crucial for investors looking to capitalize on market opportunities. Intrinsic return refers to the return on investment that is not influenced by market fluctuations, making it a reliable indicator of a company’s profitability and growth potential.
Local Prosperity and Sector Focus
By focusing on sectors with upward local prosperity, investors can identify industries that are experiencing growth and are likely to continue doing so in the future. This approach helps to mitigate the risks associated with market volatility and provides a more stable investment environment.
Conclusion
In summary,招商 Securities’ analysis suggests that the pursuit of high intrinsic return rates and focusing on sectors with upward local prosperity remain key choices for the subsequent market. By paying attention to these factors, investors can better navigate the market and identify investment opportunities that offer long-term growth potential.
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