广发证券：军工板块龙头配置价值稳增 基本面稳增向好

今日期货研报精选。","multimedia":{"img_url":["https://n.sinaimg.cn/zhibo/261/w750h5111/20221121/368a-feab9886d7230f087f3b48d35f04d2a2.jpg"]},"commentid":"live:finance-152-2873385:0","compere_id":0,"creator":"liyuan20@staff.sina.com.cn","mender":"liyuan20@staff.sina.com.cn","create_time":"2022-11-21 08:46:25","update_time":"2022-11-21 08:46:32","is_need_check":"0","check_time":"1970-01-01 08:00:01","check_status":"1","check_user":"","is_delete":0,"top_value":0,"is_focus":0,"source_content_id":"0","anchor_image_url":"","anchor":"直播员","ext":"{"stocks":[],"needPush":false,"needAIPush":false,"needCMSLink":true,"needCalender":false,"needProvince":"0","docurl":"https:\/\/finance.sina.com.cn\/7x24\/2022-11-21\/doc-imqmmthc5372668.shtml","docid":"mqmmthc5372668"}","old_live_cid":"0","tab":"","tag":[{"id":"2","name":"行业"}],"like_nums":0,"comment_list":{"list":[],"total":0,"thread_show":0,"qreply":0,"qreply_show":0,"show":0},"docurl":"https://finance.sina.cn/7x24/2022-11-21/detail-imqmmthc5372668.d.html","rich_text_nick_to_url":[],"rich_text_nick_to_routeUri":[],"compere_info":""},{"id":2873384,"zhibo_id":152,"type":0,"rich_text":"【广发证券：军工板块龙头配置价值稳增 基本面稳增向好】广发证券研报表示，国产化提升、装备升级、国防现代化、军贸持续，“安全资产”属性叠加明年可预期的景气度环比改善，军工板块成长曲线清晰。判断军工板块整体，特别是航天板块，长景气需求叠加供给端逐步改善，基本面有望持续稳增向好，龙头配置价值稳增。当前板块有望逐步迎来三周期叠加共振，建议重点基于国产化替代加速背景下的渗透率提升、供给端加速缓解背景下的龙头配置价值上升及国企改革加速推进背景下供应链改革提质增效等视角优选标的，重点看好：供不及求+成本改善的航空发动机赛道、需求强劲+供给能力加速改善的精确制导赛道。