Which stock market industries are more attractive for investment? – Tejarat News
According to Tejarat News, the average growth of the market in 1401 was in the corridor of 40%. As Hossein Orojlo, a capital market expert, says, the market has bought P/Es below 12 units, and when the growth happened and the companies’ P/E moved to 17-18 units, the market started selling these shares. This review shows that contrary to what is generally stated, the market is very smart.
Also, when we look at the movement of the market, we find out that exactly from the last period of the cash dividend deposit of the assemblies last year, the upward trend in the market started and we saw a growth in the market. After that, there should have been a correction in the market in terms of time and price, which has been done and it seems that the market is ready for growth from now on.
Stock market risks and drivers
Arujello said about the most important risks facing the stock market: “At the current stage, what is considered a risk is the view of activists and residents towards the stock market. Currently, we are witnessing relative stability in the currency market, and the pricing situation is almost determined for the market. The view of capital market activists and residents is important because the short-term view or volatility and the long-term view and investment make a noticeable difference in transactions.
Referring to the quarterly and monthly reports of the companies in 1401, this capital market expert said: “By examining the reports of the companies, we notice the relative growth of most of the companies. This incident causes the view of market participants to move towards fundamental factors. For example, if you pay attention to the recent growth of the capital market; “The biggest growth belongs to the cement group.”
He explained: “The reason for this lies in the good reports of cement companies in 1400. In 1400, cement companies recognized about 12 hemat profit and this figure has expanded to 20 thousand billion last year. This shows that the market’s view of industries and stocks is completely fundamental. »
Summer; Stock market growth season
Orujello believes that in the upcoming summer, the return to the upward trend will definitely happen. He said: We expect the capital market to gradually find suitable conditions. At this point, groups such as refineries and petrochemicals, urea industry and downstream petrochemical industry (companies related to carbon black and chlorine production) that published good reports have high growth potential. I also believe that the cement and pharmaceuticals group also have the potential to grow.
He added: On the other hand, in the automobile industry, we see a good situation in the part of the parts manufacturers who were not subject to mandatory pricing. This situation is similar in automobile companies that were not subject to mandatory pricing, such as Khozamiya, Khavar and Khadizal.
This capital market expert emphasized: In the reports of steel industries, we observed some weakness that the growth we envisioned for these companies did not materialize. But in this group, the symbol “Arfa” experienced a good growth due to its very good performance report. This means that the market has intelligently found its way and is on the right track.
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