April has been an unfortunate month fraught with resurgence of COVID cases, especially in India.
India has been making new all-time high cases at the end of April. Some European countries including Germany and Italy have also faced some resurgence and encountering mini-lockdowns in the country.
Investors around the world have gotten cautious but the big 3 indexes – S&P 500, Dow Jones and Nasdaq have also clinched its record high during this month.
On the other hand, Singapore stocks do have lots to offer in the local context.
Here are 7 interesting stock ideas that you should take note for the month of May.
#1 Singapore Exchange
UOB Kay Hian has initiated coverage with a BUY rating on the stock with a target price of $12.35.
One main reason is because of the “multi-asset exchange which ensures resilient revenue stream. Singapore Exchange’s (SGX) strength lies in its multi-asset marketplace which includes a wide range of liquid futures and...