Home Ā» A major meeting was held, setting off a rising trend, and the industrial machine sector was on the forefront!These concept stocks receive the most institutional attention

A major meeting was held, setting off a rising trend, and the industrial machine sector was on the forefront!These concept stocks receive the most institutional attention

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**Industrial Motherboard Sector Surges After Major Meeting**

In a recent surge, the industrial motherboard sector has captured the attention of investors and institutions alike. Stocks such as Huazhong CNC, Bojie Co., Ltd., and Rifa Precision Machinery have seen significant gains, with the Industrial Machinery ETF rising by more than 5%.

The momentum behind this surge can be attributed to the fourth meeting of the Central Financial and Economic Commission, which discussed the renewal of large-scale equipment and trade-in of consumer goods. The meeting emphasized the importance of reducing logistics costs for the entire society through these initiatives.

Since the Spring Festival, industrial machine concept stocks have risen by an average of 13.91%, outperforming the broader market. Some stocks, like Heduan Intelligent and Zhejiang Heidemann, have seen gains of over 40%. Despite a retracement from their highs, the sector remains strong with potential for further growth.

Several oversold industrial mother machine concept stocks are expected to show growth in 2023. Companies like Yawei Co., Ltd. and Huachen Equipment have seen stock price declines but are projected to double their net profits. Trends suggest a positive outlook for the sector moving forward.

Moreover, certain stocks in the sector have garnered increased institutional attention this year. Code CNC, Rifa Precision Machinery, Topstar, and Eston have all been subjects of research by more than 50 institutions.

With a rising tide in the industrial motherboard sector, investors and analysts are closely monitoring these stocks for further developments and potential opportunities in the market.

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