Old fans know that we have summarized these four must-play tracks about two years ago, and you should invest in at least two of them, because they are historical trends, a vast blue ocean, and have huge potential. room for incremental growth and high double-digit performance growth expectations. In the past two years, there are too many new energy stocks that have sold for ten times, some sugar substitutes have sold for three times, some medical beauty stocks have sold for ten times or four times. E-cigarettes are relatively embarrassing, although there are also many short-term stocks. But eventually they gradually fell to historical lows.

Two years later, with the recent e-cigarette industry symposium held, it seems that another shot in the arm has been injected into the sector, and several targets have After a sharp rise, can the booster be turned into a growth shot? I would like to take this opportunity to sort out the logic of the four major MP tracks again, because some logics are still being strengthened, and some logics have changed. Through a quick overall review, Know where we are, which targets we can continue to hold, and which targets we can keep track of closely.

A New Energy

Two years ago, it mainly targeted the entire supply chain of lithium batteries. Including downstream electric vehicle OEMs, parts manufacturers and lithium battery recycling. The upstream supply chain of lithium batteries, including miners and material manufacturers, has skyrocketed in the past two years. Even if downstream new energy vehicle OEMs such as BYD have been sideways for seven or eight years, the sales volume of electric vehicles, new product iterations, blade batteries, etc. have also been rising as soon as they wake up. Pull it several times. Although Great Wall Motors, Geely Automobile, Guangzhou Automobile Group, etc. have the logic of passenger car supply-side integration, industry recovery, and domestic substitution, a large part of the momentum also comes from the market's expectations for the progress of their new energy vehicle layout. Not to mention CATL and GEM.

In addition to lithium batteries, green power has also been surging in the past year. Especially after the introduction of the carbon neutral carbon peak goal in 2030, the development prospects and space of the industry have been further clarified, and the corresponding scenery has been Electricity needs a large number of supporting ultra-high voltage and ultra-high voltage power transmission and transformation and various energy storage demand targets have been explored one after another.

Generally speaking, the new energy track has reached today, and there are many great stocks. If you have participated in it for a long time, for those who have huge advantages, Targets with development advantages, strong cost control capabilities, high technical barriers, and good market competitiveness can continue to be held as long as the long-term logic is worry-free. But for those who have not played in this track, there is absolutely no need to chase highs. After all, there is also an element of chip gaming in it. In the event of a sharp correction, your costs and psychology will be at a disadvantage. However, we can follow the monthly low-level and large-wave strategy to find targets with expected differences that have not yet been fully interpreted and follow them closely, such as Changlian Technology, Zhongtian Technology, Camel Shares, Dongfang Electric, etc. mentioned in the early stage. Although the daily line The weekly line has risen a lot, but the monthly line has not risen significantly. If the expected difference gradually improves, the proportion of new energy supporting related businesses continues to increase, and it is the leader in the segmented track, then it may be possible once the market digs and pays attention. There is a considerable opportunity for the monthly line to be positive. When there is a major turning point, I will also write a separate summary of the company's logic and send it to tweets.

Second-generation sugar

The earliest tracking of sugar substitutes actually started from the golden age five years ago. He Industrial Co., Ltd. was started. At that time, Coca-Cola had already tasted the sweetness of sugar-free Coke and saw its prospects. A-shares do not yet have the concept of Yuanqi Forest, there is no Baolingbao, and there is no listing of Huakang Shares and Bailong Chuangyuan. The most realistic and best target in the market is Jinhe. Five years later, Jinhe has transformed from a cyclical chemical stock to a food and beverage additive stock due to changes in the composition of revenue and profits. The segmentation and valuation should be switched, and several other stocks have also been fully explored. But I still think Xiaojin is the best solution and the most likely king of sugar substitutes.

I said that there are many subcategories in the sugar substitute track, each of which has its own certainty. Which one do you like? You can follow whichever one you want, but in terms of price-performance ratio, cost-benefit performance-price ratio, and mainstream compounding, Xiaojin is still the best. Coupled with the management's consistent low-key, pragmatic, and resolute business style, you can rest assured. The stock price trend is indeed the best. If the previous wave of doubling and setting a new historical high was purely due to market sentiment, then the current wave of renewed upward momentum is definitely a strong expectation of doubling future performance. The reason why I proposed that Davis could double-click and quadruple is also based on the probability of doubling performance and valuation. The specific reasons can be found in previous tweets.

Now Jinhe, Baolingbao, and Bailong Chuangyuan are all deploying the next generation of sugar substitute-allulose, but as I As Xueqiu said, there is still a sufficient transition period, and compounding is still needed, so there is a high probability that Xiaojin will still be the biggest beneficiary of this wave.