$DBS GROUP HOLDINGS LTD(D05.SI)$...there is no better stock to watchfor the next move of Singapore market than DBS.
Which factor is having the upper hand, rates hike to arrest high inflation, or economic slowdown which potentially results in a recession?
The earnings report from DBS and itsoutlook for the rest of the year is therefore a very important indicator to watch.
Nevertheless there are many defensive stocks that investors can take a look as, on top of their sound fundamentals, their technical indicators show signs of breakout. Examples include $SHENG SIONG GROUP LTD(OV8.SI)$,$SINGAPORE TECH ENGINEERING LTD(S63.SI)$, Singtel.
Other interesting stocks to watch arethe recovery and/or restructuring (incl spinoff and IPO) plays, like $SINGTEL(Z74.SI)$, $THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$, Japfa, and so on.
Be aware of volatilities ahead though,there are still many uncertainties ahead.
What's your view?
Comments
老实说,我会买这只股票长期派息。我会做DCA,如果它在每5美元的差距低于25美元。