BEIJING, April 21 (Xinhua) -- Investors are advised to seize fortune in stocks of growth-driven companies or those benefited from the post epidemic recovery and currently undervalued stocks in late April, reported Xinhua-run Xinhua Finance Wednesday.
According to a research report released by Huaan Securities, the securities broker believed a round of boosts from listed firms' optimistic quarterly financial results will come given the ongoing economic recovery in China.
Under such circumstances, growth-driven businesses are worthy of close attention for stock market investors, in particular firms engaged in chemical, non-ferrous metal and semiconductor sectors.
Alongside releasing of listed firms' quarterly financial results, the growth-driven companies mainly in chemical, non-ferrous metal and semiconductor industries continued to outrun others in terms of business performances.
In chemical sector, 18 of the 19 listed chemical firms that have released their financial reports for the first quarter reaped growths in net profits. In non-ferrous metal sector, eight of the nine related listed firms reported more than 100 percent growths in net quarterly profits. In semiconductor sector, the industry-wide tight supply fueled up both output and prices, further likely to foster their quarterly financial results.
As for the post epidemic recovery-driven sector, transportation, tourism and hotel stocks are relatively sound choices.
For undervalued sectors, investors can pay attention to stocks of banks, insurers and building materials producers. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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