Editor's note: "US Stock Gold Mining" Keep up with daily market trends, insight, and consolidate hot and outstanding stocks, providing multi-dimensional investment opportunities for Mooer and helping them grasp investment opportunities with one chart! Focus on: 1. Performance and stock prices take off! Global fast fashion giant $Gap Inc (GPS.US)$ soared nearly 29% after its performance, reaching a new high for the year. Gap announced its first fiscal 2023 first-quarter results, with net sales of $3.4 billion, exceeding analysts' expectations of $3.28 billion, and earnings per share of $0.41, with overall comparable sales growth of 3%, better than expected 0.91%. In addition, the gross profit margin for the quarter reached 41.2%, higher than analysts' forecast of 38.5%. Its subsidiary brand Old Navy's same-store sales grew by 3%, exceeding market expectations of 2.5%. Based on this, Gap raised its sales and operating profit outlook for the year. Baird has recently raised its target share price for Gap from $23 to $28, and Goldman Sachs has raised its target share price for Gap from $20 to $27. 2. US electric power stocks collectively agitated! The largest wind and solar power generator developer in the United States $NextEra Energy (NEE.US)$, the fourth largest power plant in the United States $Southern Company (SO.US)$, the power and natural gas company $CenterPoint Energy (CNP.US)$, and the electrical production and transmission company $Edison International (EIX.US)$ have all reached new highs for the year. On the news front, as AI technology often requires a lot of energy to develop and operate, utility stocks are becoming a new opportunity for investors. 3. Low-key AI beneficiaries! Data storage giantMonthly Hong Kong and US Bull and Bear StocksThis section closely follows market trends, takes stock of monthly performances in the Hong Kong and US stock markets, helps Mooers sort out hot sectors, strong individual stocks, and major news of the month, and seeks investment themes that can make money.
Since the second half of 2024, the chaos and volatility of peripheral assets have continued to put pressure on the Hong Kong stock market. The three major indexes in July fell slightly, with the Hang Seng Index falling 2.11% and the national index falling 3.55%. It fell by a total of 1.06%. Tianfeng Securities stated that the Hang Seng Index is still in a state of low volatility and low turnover in the short term, so caution may be needed in the short term for the Hong Kong stock market; looking ahead, the significant improvement in the sentiment of domestic and foreign capital has promoted a more significant rebound in the Hong Kong stock market. It remains to be seen whether there will be more basic data to support the sustainability and upward space of the rebound, and we maintain a cautious and optimistic attitude during the economic recovery verification period. In July, the stock price rose nearly 70% and rose for the seventh consecutive week. Institutions said that the company is expected to steadily gain market share in the long term.$Hang Seng TECH Index (800700.HK)$Down 1.06% so far.
Tianfeng Securities stated that the Hang Seng Index is still in a state of low volatility and low turnover in the short term, so caution may be needed in the short term for the Hong Kong stock market; looking ahead, the significant improvement in the sentiment of domestic and foreign capital has promoted a more significant rebound in the Hong Kong stock market. It remains to be seen whether there will be more basic data to support the sustainability and upward space of the rebound, and we maintain a cautious and optimistic attitude during the economic recovery verification period.
In terms of individual stocks,$YAN PALACE (01497.HK)$In July, the stock price rose nearly 70% and rose for the seventh consecutive week. Institutions said that the company is expected to steadily gain market share in the long term.
Yanjiu House recently issued a profit warning, expecting to achieve revenue of about 1.045 billion yuan to 1.09 billion yuan in the first half of this year, a year-on-year increase of 10% to 15%; net profit is expected to be 50 million yuan to 60 million yuan, a year-on-year decrease of about 40% to 50%.
Zhongjin said that the revenue performance is in line with expectations, and the revenue end achieved stable growth year-on-year due to the rapid growth of online channels. In the long run, the head trend of the branding of the bird's nest market continues, and the company is expected to steadily gain market share. In addition, the company continues to try new products such as bird's nest porridge and bird's nest water, or further opens up the company's growth space. Maintain target price of HK$12 and maintain 'outperform' rating.
Self-driving taxi concept is hot, and the stock price fluctuates violently, rising over 55% in a month.$DZUG (01635.HK)$The stock price fluctuates violently, and the monthly increase exceeds 55%.
The company recently announced that the intelligent network connection model is currently being experimented and does not produce significant revenue for the company. The trend of future business development is still uncertain, which will not have a significant impact on the company's operating activities in the short term.
The Federal Reserve's interest rate cut is approaching, and there are frequent favorable policies, and the innovative drug sector has collectively risen by nearly 50% in a month.$GENSCRIPT BIO (01548.HK)$It rose nearly 50% in a month.
Kaiyuan Securities previously pointed out that as the Federal Reserve enters an interest rate cut cycle, improving liquidity will help optimize the investment and financing environment and improve the prosperity of new drug research and development. It is expected to bring greater valuation repair space to innovative drug targets that are still at the bottom. In addition, favorable policies support the development of the innovative drug industry.
$BOC AVIATION (02588.HK)$It rose more than 22% in a month, and it is rumored to have completed a $2.3 billion syndicated loan transaction. Institutions are optimistic about the catalytic effect of the interest rate cut window on stock price repair.
According to media reports, Boc Aviation has signed the largest syndicated loan transaction with 25 banks for a total amount of $2.3 billion. The funds raised will be used for general operating capital, capital expenditures, and debt refinancing.
China International Capital Corporation pointed out that BOC Aviation Leasing recently disclosed its operating data for the second quarter, and the aircraft sales volume exceeded expectations and the incremental financing cost was effectively controlled. Looking forward, we believe that the interest rate cut expectation will provide catalyst for the company's valuation, and the growth of leasing business will also help alleviate market concerns about the company's expansion pressure. The company's current valuation is still at a historical low, and we recommend paying attention to the catalytic role of the interest rate cut window on stock price repair.
On the other hand, the following stocks performed weakly this month:
Editor/Emily