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 giantThis week's bullish stocks in Hong Kong and the US stock markets.This section closely follows market trends every week, reviews the weekly performance of the Hong Kong and US stock markets, and helps mooers sort out the hot sectors, strong individual stocks, and major news of the week, looking for investment themes with profit potential.
With the dual stimulus of bullish policies and improved overseas liquidity, the three major stock indexes in Hong Kong collectively strengthened this week. As of today's close, the hang seng index has accumulated an increase of 13%, closing at 20632.30 points; the technology index has accumulated an increase of 20.23%, closing at 4453.24 points; the hang seng china enterprises index has accumulated an increase of 14.39%, closing at 7299.90 points.
Looking at the top gainers, real estate and brokerage stocks have dominated this week!
Among property stocks, $SUNAC (01918.HK)$ A strong surge of over 62% in one week. $LONGFOR GROUP (00960.HK)$ Rising more than 56%, $RADIANCE HLDGS (09993.HK)$ Rising nearly 54%, $CHINA VANKE (02202.HK)$ Rising nearly 50%, $SEAZEN (01030.HK)$ Rising more than 48%.
The recent meeting of the Political Bureau of the CPC Central Committee emphasized the importance of stabilizing the real estate market and proposed specific measures, such as strictly controlling the number of new commercial housing constructions, optimizing existing properties, improving building quality, and increasing loan support for projects on the "white list", all of which contribute to the stability and healthy development of the real estate market.
Brokerage stocks, which have always been seen as the leader in the market, have experienced a collective upsurge. $GUOTAI JUNAN I (01788.HK)$ With an increase of over 61% in one week, $CICC (03908.HK)$ and a rise exceeding 50%. In the short term, brokerage stocks, as a market sentiment indicator, are also worth investors' attention.
Additionally, consumer stocks have also been stimulated by bullish market conditions. $CHABAIDAO (02555.HK)$ Rising more than 53%, $TOPSPORTS (06110.HK)$ Rising more than 46%, $CTG DUTY-FREE (01880.HK)$ Rising more than 42%.
The Political Bureau meeting proposed to increase the income of the middle and low-income groups by promoting consumption and improving people's livelihoods, optimizing consumption structure, and cultivating new consumption patterns, providing a good environment for the development of related industries.
On the other hand, the following stocks performed weakly this week:
Editor/Somer
