in the first month of 2024, which sectors and targets of a shares are the "hot cakes" in the eyes of major securities firms?

in early January, brokerage gold stocks, which are important investment clues for a shares, came out one after another. On the whole, in terms of the industry, electronics, medical biology, mechanical equipment and power equipment are the industries with the largest weight in the gold stocks of securities firms in January, and the industry with the largest increase in weight is power equipment.

specifically in terms of individual stocks, open source securities research data show that according to the gold stock de-weight statistics released by 42 securities firms in the whole market, China mobile (600941) and Zijin mining (601899) have the highest popularity, with the total number of gold stocks listed in each securities firm in January.

"At present, most of the brokerages in the market disclose the top ten gold stocks at the beginning of each month, highly pooling and integrating multi-dimensional views such as style selection, industry allocation, stock selection and timing. To a certain extent, it reflects the consensus expectations of analysts." The chief analyst of financial engineering at a brokerage firm in Shanghai told the surging news reporter.

Electronic heat is highest, turning to value style

In terms of the industry, Guosen Securities Research Report pointed out that after the de-weighting of the brokerage gold stock pool, in terms of absolute proportion, the brokerage gold stocks in January were in electronics, medicine, machinery, non-ferrous metals and power equipment, and new energy. The configuration of other industries is higher.

at the same time, the statistics of open source securities research report also show that in January, the industry with the highest weight of securities firms' gold stocks was electronics, accounting for 14.4 percent. Pharmaceutical biology, power equipment and mechanical equipment followed closely behind, accounting for 8.4 percent, 7.6 percent and 7.3 percent respectively.

In terms of the increase or decrease in the weight of the industry, data from a number of brokerage research reports show that power equipment is the sector with the most obvious increase in the weight of brokerage gold stocks in January.

Open Source Securities data show that compared with December 2023, the industries that increased the most in January this year were: power equipment, electronics and non-ferrous metals, with increases of 4.0, 3.0 and 2.2, respectively.

The data of Guosen Securities Research Report also pointed out that from the perspective of relative changes, securities firms in January increased the allocation of gold stocks in industries such as power equipment, new energy and non-ferrous metals.

In terms of decline, pharmaceutical biology, basic chemicals and automobiles were the industries with the largest reduction in weight, with decreases of 2.3 per cent, 1.7 per cent and 1.7 per cent, respectively.

"The market capitalization level of brokerage gold stocks rose and the valuation level fell in January 2024, or indicated a shift to a value style in January." Open Source Securities said.

China Mobile and Zijin Mining are the hottest

at the individual stock level, open source securities data show that among the gold stocks recommended by various securities firms in January, China mobile (600941) and Zijin mining (601899) were recommended the most frequently, with a total of 5 times.

Guizhou Maotai (600519), Yintai Gold (000975), China Galaxy (601881), Zhongji Xuchuang (300308), Ningde Times (300750) and Chang 'an Automobile (000625) followed closely, all recommended 4 times.

Guanghui Energy (600256), Haig Communications (002465), Lixun Precision (002475), etc., were recommended 3 times in total. Yankuang Energy (600188), Baolong Technology (603197), Tuojing Technology (688072), Changchun High-tech (000661), etc., were recommended twice.

and in January new gold stocks (relative to the list of new gold stocks in December 2023), the number of times listed companies were recommended by various brokerages was more evenly distributed.

Statistics show that, except for Gujing Gongjiu (000596) and Aixu (600732), which were recommended 3 times in total, tiantan Biology (600161), Hangfa Power (600893), Light Media (300251), Pengding Holding (002938), Jincheng Medicine (603882), Yongxing Materials (002756), Lanqi Technology (688008), Chuanyin Holding (688036), China Pacific (601601), Shanghai Film (601595), Genesis (300083) and Chunqiu Airlines (601021) were recommended twice in total.

in terms of various hot industries, the hottest gold stock in the electronic sector is Lixun precision. The pharmaceutical and biological sectors are Yifeng Pharmacy (603939), Tiantan Biology (600161), Jinyu Medicine (603882), Changchun High-tech, etc. The power equipment sector is Ningde era. The mechanical equipment sectors are Genesis, Haoyang (300833), Dingtai Gaoke (301377), Dongmu (600114), etc; the non-ferrous metal plate is Zijin Mining.

in other hot industries, Jinshan office (688111) in the computer sector is recommended the most, Guizhou maotai (600519) in the food and beverage sector is the most popular, Chang 'an automobile (000625) in the automobile sector is the most recommended, China mobile in the communications sector is the most popular, muyuan shares (002714) in the agriculture, forestry, animal husbandry and fishery sector is the most popular, and Shanghai movies (601595) in the media sector are the hottest.

Market participants said that in the brokerage gold stock pool, if the early market attention is relatively small, as brokerage analysts recommend it as a gold stock, its market attention will increase significantly. Based on this, it is possible to find brokerage gold stocks with relatively little early market attention.

"To a certain extent, the top ten gold stocks disclosed by most brokerages at the beginning of each month reflect the consensus expectations of analysts. At the same time, brokerage gold stocks also have the forward-looking nature of the quantitative analysis system to absorb fundamental research." However, the chief of financial engineering of the above-mentioned securities firms further pointed out that "as the market pays more attention to the gold stocks of securities firms, investors still need to further optimize the gold stocks of securities firms if they want to obtain more excess returns in the gold stock portfolio of securities firms."