After careful scrutiny, it is not difficult to find that although the bull stocks have different rankings and different fundamentals, they still have a lot of * * *. First, the starting point of bull stocks is low-priced stocks. Second, bull stocks mostly come from industries such as industry boom and restructuring stocks. Among them, the industry boom is a new source of power for bull stocks in the A-share market in recent years, because bull stocks in previous years were basically caused by the backdoor listing of ST stocks or poor performance stocks. However, in 2007, Xinfu Pharmaceutical, Guangji Pharmaceutical and other varieties became big bull stocks by virtue of industry recovery and product price increase.

The * * * nature of bear stocks is also very obvious. First, most of them are small and medium-sized stocks, and their * * * nature is the value regression after high positioning. The second is high-priced stocks. The high positioning of small and medium-sized plates is actually high prices. Interestingly, commodities such as Commodity City, which are lagging behind in the main board market, are also high-priced stocks. Their performance this year is also significantly worse than that of the A-share market, and they have become the sad concept stocks of the fund. Why? In addition to the sluggish performance, there is also a high stock price. The third is the decline in performance. Among the high-priced stocks, the decline in performance is the most fatal, because high-priced stocks are institutional heavyweight stocks. Once the performance declines, institutional funds will reduce their positions regardless of cost, thus making the focus of stock prices continue to move down.

experience

It is worth pointing out that from the historical trend, it is difficult for listed companies that have been in the forefront of the bull and bear stock list for many years to be listed again in the second year. No wonder some people in the industry joked that bull and bear stocks are better. Bull stocks and bear stocks tend to convert each other.

However, this year's ranking of bull and bear stocks is a bit special, on the one hand, because many stocks in the ranking of bear stocks have not actually fallen in place, especially those whose performance continues to decline. If there is no subsequent asset restructuring in 2008, it is not excluded that such stocks will plummet again. After all, although the bear stocks in small and medium-sized plates have been greatly adjusted, the average price still exceeds that of 20 yuan, and the performance still does not match the growth expectation.

On the other hand, in the bull market rankings, some stocks still have strong follow-up themes, such as ST Zhong Ding. If the fundamental changes in the future can evolve according to the research report of industry analysts, especially the asset injection is expected to proceed as scheduled, the stock price trend will still have a good performance.

From the ranking of bull stocks and bear stocks, the author roughly summed up three experiences: First, do not set foot in stocks with high valuation, and beware of becoming bull and bear stocks. Second, investors should actively track the stocks that have recovered from the industry boom, especially those that appear at the turning point of the industry, which will often amplify their long-term momentum in the bull market. Third, low-priced stocks have potential. Especially in the bull market, the reorganization probability of low-priced stocks is high, so the bull stocks in 2008 are likely to still come from the ST plate, which means that the current ST plate is still the racecourse of the dark horse in 2008.

Answer supplement

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