What are blue chip stocks? What are they?

Blue Chips refer to large, traditional industrial stocks and financial stocks with long-term stable growth. The term "blue chip" comes from Western casinos. In Western casinos, there are three colors of chips, among which blue chips are the most valuable. In the securities market, stocks of companies with good operating performance and stable and high cash dividend payments are usually called "blue chip stocks."

1. Steel Industry: Revaluation of Performance Growth Value

Chinese steel stocks represented by Baosteel Co., Ltd. deserve to receive reasonable market pricing. Given an excessively high discount rate or risk premium, the values ??of major steel listings have been significantly underestimated. As the upstream and downstream of an industrial chain, there cannot always be a valuation "depression". A price-to-earnings ratio of 15 times for steel stocks is the international level.

Key steel stocks with a price-to-earning ratio lower than 20 times: Baosteel Co., Ltd., Anshan Iron and Steel Co., Ltd., and Maanshan Iron and Steel Co., Ltd.

2. Port industry: main line of investment: underestimation + asset injection

Although the sector valuation is in place, the valuation differences of individual stocks in the sector are relatively obvious, such as Shanghai Port, Nanjing Port, Chongqing Port The valuation of the port is more than double that of Yingkou Port, Shenzhen Chiwan Port and Yantian Port. With the sector valuation already in place, safety is an important factor that we need to consider when formulating our investment strategy for 2007.

At the same time, in a market environment where the overall industry has a 20% growth rate, it can have more port resources and occupy a more active market position in future market competition. Therefore, there are companies with the possibility of asset acquisitions. It is also the object of our attention.

Key port stocks with a price-to-earnings ratio lower than 20 times: Yantian Port, Shenzhen Chiwan Port, and Yingkou Port.

3. Coal Industry: Expansion brings opportunities

From the perspective of investment target selection, it is recommended to give priority to investing in enterprises with core competitiveness and pay more attention to "bottom-up" strategy. The main line of logic is: prices remain high - production capacity increases can be fully released - transportation is relaxed - companies with little impact on costs are the most worthy of investment. It is expected that asset value injection and overall listing will be important investment themes and opportunities faced by the entire coal industry from 2007 to 2008.

Key coal stocks with a P/E ratio below 20 times: Lanhua Science and Technology, Xishan Coal and Electricity, Kailuan Co., Ltd., Guoyang New Energy, Hengyuan Coal and Electricity, Jinniu Energy, Yanzhou Coal, Lu'an Environmental Energy, Pingmei Tianan, Shenhuo Shares

4. Highway industry: long-term stable growth, focus on value revaluation

my country's highway industry will maintain steady growth in 2007 and even for a long time to come. trend. The continued and steady growth of the national economy, the network effect brought about by the gradual improvement of road network construction, the drop in oil prices and the increase in traffic volume brought about by overseas investment have created a good external environment and opportunities for the stable development of the entire industry.

Key highway stocks with a price-to-earning ratio lower than 20 times: Sichuan Chengdu Expressway, Jiangxi-Guangdong Expressway, Anhui Expressway, Zhongyuan Expressway, and Modern Investment.

Extended information:

Classification of blue chip stocks:

There are many blue chip stocks, which can be divided into: first-tier blue chip stocks, second-tier blue chip stocks, high-quality blue chip stocks, large-cap blue chip stocks; and Blue chip stock funds.

1. First-tier blue chip stocks

There is no clear definition between first-tier and second-tier stocks, and what some people consider first-tier blue chip stocks are second-tier stocks in the eyes of others. Generally speaking, the recognized first-line blue chips refer to stocks with stable performance, large outstanding shares and total equity, that is, larger weights. Generally speaking, the price of such stocks is not too high, but the public base is good.

This type of stock can play a huge role in moving the whole body. Such stocks mainly include: Industrial and Commercial Bank of China, Sinopec, Kweichow Moutai, Minsheng Bank, Vanke, Ping An Bank, Wuliangye, and Pudong Development Bank. Banks, Poly Real Estate, Shandong Gold, Daqin Railway, etc.

2. Second-tier blue-chip stocks

The so-called second-tier blue chips in the A-share market refer to first-tier blue-chip companies that are slightly inferior to the above-mentioned first-tier blue chips in terms of market value, industry status and popularity. , relative to several first-line blue chips.

For example, Conch Cement, Yantai Wanhua, Sany Heavy Industry, Gezhouba, Guanghui, Zoomlion, Gree Electric, Qingdao Haier, Midea, Suning Appliance, Yunnan Baiyao, Changyu, ZTE, etc. etc. In fact, these companies are also well-known leading companies in the industry (if you look at the industry alone, they are the first-line blue chips in their respective industries).

3. Blue-chip stocks

Blue-chip stocks are a word derived from the comparison of blue-chip stocks. They are company stocks that have been recognized by the industry as having excellent performance, generous dividends, and maintaining stable growth. "Excellent stocks" refer to the best stocks selected from the perspective of performance rankings.

4. Large-cap blue-chip stocks

Blue-chip stocks refer to listed companies with larger share capital and market value, but not all large-cap stocks can be called blue-chip stocks, so it is necessary to define an exact definition for blue-chip stocks. standards are more difficult. Judging from the experience of various countries, those companies with large market capitalization, stable performance, leading positions in the industry, and can have a considerable impact on the securities market - such as Hong Kong's Cheung Kong and Hutchison Whampoa;

< p> IBM in the United States; Lloyds in the United Kingdom, etc. can take on the reputation of "blue chip stocks". Those with a large market capitalization are blue chips. There are also some blue chips in the Chinese market, such as Industrial and Commercial Bank of China, PetroChina, and Sinopec.

Baidu Encyclopedia—Blue Chip Stocks