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航运	BDI上行预期驱动行业连续上行，该板块后期有继续上扬潜力。	下半年BDI超预期概率较大。另外，航运板块个股自上半年以来股价涨幅明显落后于其它的强周期行业，没有充分反映二季度BDI回升带来的估值提升。	财富	中国远洋                                                                                                                                                                                                                                                     证券                         中远航运
钢铁	房地产景气推动了钢铁行业的上行，股价也有望继续上行。	在目前行业景气明显好转背景下，钢铁行业PB相对于大盘的PB也应恢复到历史中高水平，即0.70，目前比值较该水平尚低20%。	招商	柳钢股份                                                                                                                                                                                                                                                     证券                         安阳钢铁
证券	成交量连续放大和超预期的中报业绩成为证券业上行的催化剂，后市有继续走高潜力。	允许券商资产管理业务进入银行间债券市场，是一项基础性新政，有利于证券行业中长期发展。与其它周期性行业相比，证券行业目前业绩增长较为确定。	中金	东北证券                                                                                                                                                                                                                                                     公司                         中信证券                                                                                                                                                                                                                                                     /