What a year 2020!
Not only did Covid-19 caused havoc around the world, it also led to huge roller coaster rides in the stock markets.
Despite crash-bottoming at March 2020, the U.S. indices rebounded and reached record high this year with SAAS and Tech stocks at the fore-front.
In contrast, the SGX market has not recovered from the bruises mainly due to it being a country heavily reliant on World Trade and Tourism. That said, things are looking up for SGX stocks as we moved into phase 3 on 28 Dec 2020.
With that in mind, here are 7 interesting stock ideas to look forward to in January 2021.
[We have extracted important snippets and links from the various different brokerage firms]
#1 Nanofilm Technologies International Ltd
CGS CIMB has initiated coverage of this stock and has given it a BUY rating with a target price of $5.52.
This is at the back of being the ” only company globally to offer Filtered Cathodic Vacuum Arc (FCVA) coating technology on a commercial scale as at 23 Oct 2020....