I chanced upon an article of Singapore stocks picks by some financial institutions in a local newspapers. No surprise since we are now in a season of “stock picks for Year 2017” which pretty characterizes the beginning of a year. Already, there is a plethora of Singapore stocks recommendations on the internet. But I do believe that retail investors do embrace such stock recommendation reports as they might serve as a guide for them in their investing for the year ahead. The important thing for retail investors is to scrutinize the underlying rationale of the analyst bullish recommendation and see whether investors believe in the business case. I share the six stocks from the article which I read below and their target prices.
1) Ezion has a target price of $0.56 and $0.42 by two financial institutions, which gives it an average target price of $0.49. Based …Read the full article →