证券时报·2025-11-02 00:54Core Viewpoint - The article discusses the November stock picks from various brokerages, highlighting a positive market outlook and specific sectors that are favored for investment, including technology, energy resources, and materials [2][10]. Group 1: November Stock Picks - Brokerages' November stock picks are primarily concentrated in the electronics, power equipment, and non-ferrous metals sectors, with Tencent Holdings and Zijin Mining being highly recommended by multiple institutions [2][7]. - Tencent Holdings is recommended by four brokerages, with expectations of sustainable profit growth driven by AI and business structure optimization [7]. - Zijin Mining is favored due to its strong performance potential amid rising gold and copper prices, with several other companies in the non-ferrous metals sector also receiving recommendations [7][8]. Group 2: October Performance Review - In October, major A-share indices showed mixed results, with the Shanghai Composite Index and Northbound 50 Index rising by 1.85% and 3.54%, respectively, while the ChiNext Index fell by 1.56% [4]. - The best-performing stock in October was Guandun Quantum, which rose over 65%, followed closely by Rongxin Culture and Jiangbolong, both of which also saw significant gains [4]. Group 3: Market Outlook - Brokerages generally expect the market to maintain an upward trend in November, with a focus on technology and energy resources sectors [10][11]. - The "14th Five-Year Plan" is anticipated to provide clear investment directions, emphasizing technological self-reliance and modern industrial system construction [11]. - Key investment themes include TMT (Technology, Media, and Telecommunications), high-end manufacturing, energy resource security, and financial support for the real economy [11][12].