機(jī)械業(yè)期待結(jié)構(gòu)性機(jī)會(huì) 中小市值個(gè)股可投資

截至7月24日，渤海機(jī)械行業(yè)13個(gè)子行業(yè)中僅有“工程機(jī)械”和“重型機(jī)械”板塊在行業(yè)景氣下滑、企業(yè)經(jīng)營(yíng)業(yè)績(jī)乏力、缺乏事件性利好刺激及實(shí)質(zhì)性扶持政策等多重利空的打壓下，分別以3.42%和1.49%的跌幅在行業(yè)內(nèi)排名墊底;而政策利好不斷、市場(chǎng)一致預(yù)期向好的“鐵路設(shè)備”，以及兼具“人工替代”屬性、中小市值個(gè)股占多的“輕工機(jī)械”板塊，則分別以18.45%和17.80%的漲幅領(lǐng)漲行業(yè)。展望8月份，政策利好的落實(shí)情況和中報(bào)的持續(xù)披露將是主導(dǎo)機(jī)械行業(yè)走勢(shì)的決定性力量，屆時(shí)前者所產(chǎn)生的推力能否抵消企業(yè)中報(bào)業(yè)績(jī)低于市場(chǎng)預(yù)期所引致的估值下修的壓力，即市場(chǎng)的關(guān)注點(diǎn)對(duì)于發(fā)展前景和現(xiàn)時(shí)業(yè)績(jī)的傾向性將成為行業(yè)走勢(shì)的最大變數(shù)，我們維持對(duì)行業(yè)的中性投資評(píng)級(jí)，維持對(duì)“鐵路設(shè)備”、“化石能源機(jī)械”和“航空航天”板塊的看好評(píng)級(jí)，推薦中國(guó)南車(3.89,0.00,0.00%)、富瑞特裝(68.600,0.00,0.00%)、機(jī)器人(45.830,0.00,0.00%)、長(zhǎng)榮股份(27.050,0.00,0.00%)、新界泵業(yè)(17.85,0.00,0.00%)、巨星科技(14.65,0.00,0.00%)、開山股份(38.770,0.00,0.00%)。