东吴证券:2025年全面看多整车板块

美港电讯
25 Jan

【东吴证券:2025年全面看多整车板块】金十数据1月25日讯,东吴证券研报认为,过去5年汽车行情定义为“整车电动化行情”,核心4轮上涨行情的共同规律是“乘用车内需总盘子边际改善”+“新能源乘用车国内渗透率阶段性加速提升”+“智能化/全球化/机器人等新中期逻辑锦上添花”。2025年整车行情推演:系统性估值修复+扩散行情。2025年国内车企不仅会纷纷加速智能化战略,且纷纷对外宣传机器人战略。2025年整车投资建议:全面看多整车板块!选股标准:智能化是内核,月度销量是结果,机器人是锦上添花。第一梯队“小鹏汽车+上汽集团+赛力斯”;第二梯队“理想汽车+比亚迪+吉利汽车+长安汽车+广汽集团+长城汽车+零跑汽车”。

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