盈選報告 | 短期把握週期股波段式機會，關注煤炭、啤酒等板塊
市場策略
▍今日大宗商品市場異常火爆，銅、煤、鋼鐵等板塊漲幅居前。以下是各券商給出的市場分析：
海通證券表示，關注基本面良好且估值處於相對低位的銀行、券商等板塊。
國盛策略認爲，通脹壓力並未造成流動性的緊縮，市場不存在系統性的風險。
安信策略則認爲，上遊原材料漲價可能對部分中遊製造業利潤造成衝擊，配置上建議短期把握大宗商品上漲期間週期板塊的機會。
興業證券表示，行業配置主線是收穫週期，佈局成長。週期股可以把握波段式機會。
中金公司稱，中下遊製造業的利潤空間開始受到影響，需關注成本壓力上升對相關行業利潤的壓縮。
▍ARK基金創始人凱瑟琳·伍德(Cathie Wood)表示，科技股的回調並不令人擔憂，她的長期押注將隨着時間的推移而得到回報。伍德稱：“我喜歡現在這種情況，而最壞的情況應該是市場只關注成長類股票。”
熱點機會
▍煤炭板塊：
中信證券表示，目前行業供給受限的因素仍在持續，需求繼續維持高位，煤炭供給偏緊的格局難解。加之目前中低位的庫存水平，待後續旺季到來，大概率會引發新一輪補庫，或帶動煤價上漲超預期。行業二季度價格及盈利環比改善趨勢明確，同比增幅繼續擴大，板塊大漲之後，基本面依然支撐行情繼續向好。我們繼續推薦低估值的龍頭公司：中煤能源。
▍啤酒板塊：
中信證券稱，2020年，啤酒行業在疫情影響下集中度持續提升，價格低個位數增長，利潤率持平穩增。中長期看，各家進一步明確了高端化下的戰術，看好高端化下龍頭利潤改善的加速兌現。從看長做長的角度，建議佈局啤酒板塊。首推華潤啤酒，推薦青島啤酒、百威亞太。
▍芯片板塊：
中金公司表示，全球芯片缺貨有望驅動半導體行業維持較高景氣度，國產替代趨勢亦利中國晶圓、封測、設備廠商的快速發展。中國晶圓廠商在此次危機中通過產能提升有望加速規模成長，建議關注：中芯國際、華虹半導體。
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