What are the main sectors of cyclical stocks?
According to the industry classification standard of China Securities Regulatory Commission, it belongs to financial and insurance, mining, transportation and warehousing, metal and nonmetal, real estate and other industries. It is classified as a cyclical industry, and the rest are classified as non-cyclical industries, which have strong correlation with domestic or international economic fluctuations.
According to the report of the third quarter of 2020, the earnings per share of the following companies in cyclical stocks ranked first:
1 Financial insurance: the bank shares are China Merchants Bank, the brokerage company is CICC, and the insurance is China Ping An.
2. Mining industry: The top three stocks in coal mining are China Shenhua, Huaibei Mining and Shaanxi Mining.
Metal and nonmetal: new materials of Jinbo, Stegosaurus micro-nano and Boko.
4 Real Estate: Xincheng Holdings, Huaxia Happiness and Vanke A. ..
It is also a good strategy to choose stocks through the economic cycle. If the economy develops upward, cyclical stocks have obvious advantages. If the economic cycle is not good, investors can also pay attention to some defensive and growth stocks.