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3 Blue-Chips Trading Near Their 52-Week Lows
By The Smart Investor  •  September 9, 2020
Earlier in March, we witnessed one of the swiftest bear markets ever seen, with the S&P 500 losing one-third of its value in just one month. Global investors panicked as Covid-19 wreaked havoc on economies. It has been over seven months since Singapore recorded its first case of Covid-19. Since then, Singapore and the rest of the world have faced a tumultuous time. Governments, businesses and people have had to grapple with the dangers of the mercurial virus, as well as adapt processes and norms to a changed reality. While certain businesses have made the headlines for their swift recoveries, even thriving in the pandemic, others are not so lucky. Indeed, many other companies still face existential crises, with a difficult and uncertain path ahead. They have not recovered from the March lows, and some have even seen their share price sink even further. Some investors might see these stocks as a buying opportunity....
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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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