LED boom New year new atmosphere wins the door

In the New Year week, the LED industry has seen a significant increase. The LED industry (Shenwan index) January 2 Rose 7 and rose 3 on January 3, becoming a well-performing industry. Investors are speculating on whether there is any major positive, but in fact, as far as we know, there is no significant positive during the period, we may wish to reorganize from the logic of industry investment. There are several reasons for the upward trend of LED economy. Technological progress determines the growth of LED industry. Replacing energy-saving lamps with LED lamps is the trend of industrial development. With the support of policies and the continuous adjustment of product prices, LED lamps have already had economic effects as household appliances, and the penetration rate of the industry will increase rapidly in the future; The rising demand for LED will also promote the prosperity of China's LED industry. The market does not fully reflect the upward trend of the LED industry. It is estimated that the 14-year performance growth range of the LED industry is 30- 50, and the performance base of the first quarter of 2013 is relatively low. The first quarter report is expected to maintain a growth of more than 30 under the influence of the low base, while the current 14-year valuation given by the market is only 24 times, it does not fully reflect the upward trend of the industry boom. LED industry is an industry with relatively beautiful growth stocks. The market is always looking for relatively beautiful industries. The sharp rise in dairy products in 2013 comes from the decline in the prosperity of other consumer goods, especially liquor industry, therefore, in the context of the differentiation of growth stocks in 2014, LED is a relatively beautiful growth stock industry in 2014, which is worthy of investors' attention.