While some investors might fret about the performance of Singapore stocks, it may also be a time to look at how some blue-chip Singapore stocks with solid fundamentals are doing now. The thing to note is that we may not be necessarily trying to buy these stocks now for the trend of Singapore stocks might still be south. What we want to do is to at least have some of these stocks on our “shopping list” so that we can go out to do our “shopping” when the price of these stocks seem good to us.
The three local bank stocks: DBS, UOB and OCBC are oversold. A look at the technical charts now at the three bank stocks does not yield anything interesting to me. Hence let us look at the fundamental information given by the SGX website to find out more about the bank stocks, to see whether ......