When the easy money have been made, one strategy is to hold stocks that were beaten down but still above the 200 day moving average. Here are my picks:
SMRT
This dividend yield stock yields 4.1% and have been in correction mode for sometime due to higher operational cost.
I don’t think fundamentally there is anything wrong with SMRT but the upside is limited. We are looking to hold this in a muddle through economy but the chart pattern looks very similar to when its at $1.30.
I can live with a 4.1% yield if there is enough capital appreciation.
Starhub
Starhub is a stock that I am vested at an average of $2.17.[Starhub Analysis >] Would I buy it now for yield? I think if it’s a 20 cents dividend current yield is 7.8% if its 18 cents current yield is ...
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