3 Blue-Chip Companies That Have Soared Over 50% From Their Lows
By The Smart Investor  •  August 18, 2020
When the COVID-19 pandemic hit our shores with a loud thud back in March, it resulted in a swift market crash. Few companies, if any, were spared. Many companies were sold down viciously as investors threw the baby out with the bathwater. The indiscriminate selling even affected blue-chip companies as investors anticipated a sharp fall in demand for products and services. Many industries, from airlines to hotels, were badly hit by widespread lockdowns and border closures. However, there were also some pockets of resilience among the many businesses listed on the Singapore stock exchange. After the initial panic selling subsided, investors began to behave more rationally. Many began buying up the stocks of companies that proved resilient and able to continue growing despite the challenges brought about by the crisis. As a result, some companies have recovered strongly from the share price lows reached during the height of the pandemic back in March....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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