What are the value stocks?

In the stock market, if you choose a very valuable stock, you need to have rich investment experience. What are the top 20 most valuable stocks in China? What are the characteristics of these stocks? Let's analyze it together today.

1, it must be the industry leader.

There are fewer and fewer truly oligopolistic companies in the industry. As we all know, only monopoly can create higher-than-average profits, which is what all investors want to see. I believe that there are also leading companies in China, such as Coca-Cola, Microsoft and Google, which need our constant tracking, analysis and grasp.

2. It must be an irregular company.

In the past two years, the stock prices of cyclical industry companies have skyrocketed, and the stocks of non-ferrous metals, energy, agriculture and other cyclical industries have been violently speculated ... Who would have thought that once the relationship between supply and demand changes, the stock prices of cyclical industries will plummet like snowballs.

In fact, a truly great company must not be a company with a very strong cyclical industry. The two companies that Buffett has always held are consumer companies, and high-quality companies like Maotai and Suning are not cyclical companies.

3. The growth rate of net assets must exceed the industry average.

Many investors only like to see the growth rate of net profit per share in each fiscal year, but ignore the more important growth rate of net assets. In fact, the most important indicator to measure whether a company is really growing steadily is the growth rate of net assets. The change of the growth rate of net assets can directly become the standard to judge whether a company is healthy or not, and it is also an important basis for investors to continue to hold shares in this company.