反直觉！春节前哪些业绩线能成为强压下的“避风港”？

Core Viewpoint - The market is becoming increasingly cautious as the Spring Festival approaches, with a focus on performance as a safe haven for investments, rather than speculative stories [1][2] Group 1: Investment Strategy - Investors should avoid the misconception that good performance guarantees profits; key factors include valuation, institutional holdings, and industry trends [1][2] - The correct investment logic involves looking for marginal performance improvement, low valuation (below 30% percentile), concentrated institutional holdings, and industry catalysts [2] Group 2: Key Sectors to Explore - AI Power and Computing Infrastructure: Strong demand driven by energy supply constraints; significant investments expected during the "14th Five-Year Plan" period [1][2] - Semiconductors and AI Applications: Anticipated market growth to $697 billion in 2025, with a focus on companies with solid order backlogs [6] - Robotics: Institutions are increasing allocations in this sector, with a focus on core components and automation penetration [6] - Non-bank Financials: Valuation recovery potential in brokerage firms, with a projected net profit of 30.05 billion yuan for CITIC Securities in 2025 [11] - CXO in Pharmaceuticals: Focus on companies with solid order books and revenue growth, particularly in ADC segments [16] - Cash Flow Stable and Dividend Stocks: High dividend yield stocks with stable cash flow are essential for risk management [18] - Overseas Expansion: Companies with strong overseas channels and brand power are positioned to benefit from global market growth [20] Group 3: Stock Selection Criteria - Stocks should have substantial orders, performance support, and clean ownership structures, avoiding those reliant solely on concepts without fundamentals [7] - Prioritize stocks with marginal performance improvement, low valuations, and institutional accumulation, while confirming the resolution of negative factors [20]