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Could This Blue-Chip Commodities Stock Make a Great Investment?
By The Smart Investor  •  October 19, 2020
As economies around the world go through a virtual shutdown due to the pandemic, many vulnerable sectors have also suffered untold financial pain. Yet, there have been businesses that remained resilient despite this prolonged crisis. Companies such as Sheng Siong Group Ltd (SGX: OV8) provide essential services such as necessities and so are allowed to continue operating without disruption. Some businesses such as Facebook (NASDAQ: FB), Zoom Video (NASDAQ: ZM) and iFAST Corporation Ltd (SGX: AIY) have even thrived as more people rush to connect online and businesses shift to using digital resources to operate and communicate. Some blue-chip companies have also performed well during this period, with Singapore Exchange Limited (SGX: S68) reporting record-high revenues for its latest fiscal year 2020. Wilmar International Limited (SGX: F34), a component stock of the Straits Times Index (SGX: ^STI), is also riding on strong tailwinds and posting good results. Does the commodities giant qualify as a great investment during these troubled times?...
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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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