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食品饮料行业点评:食品饮料短期反弹可期增
国都证券·2024-10-09 01:38

Investment Rating - The industry investment rating is "Recommended" [2] Core Views - A short-term rebound in the food and beverage sector is anticipated, driven by recent significant policy announcements that led to a 6.73% increase in the sector [2] - Although the fundamental demand in the sector is weak, the sector has experienced significant declines, with TTM valuation percentiles being below 10-year averages, indicating potential for valuation recovery [2] - The white liquor segment is expected to have a stronger rebound due to its higher dependency on economic conditions and its significant price drop, with recommendations for stocks like Moutai, Wuliangye, Luzhou Laojiao, and Shanxi Fenjiu [3] - For consumer staples, a relative improvement in fundamentals is expected, with recommendations for high dividend yield stocks and long-term growth leaders such as Anjijia Food, Yili, Haitian Flavoring, and Tianwei Food [4]