There are many ways to hunt for investments.
It all depends on your investment objectives and risk appetite.
If you’re going for growth, you can look for stocks that are reporting strong rises in both revenue and net profit.
Income-seeking investors will gravitate towards dividend-paying stocks such as REITs that generate a passive source of income.
Yet another method is to search the bargain bin for undervalued gems that are trading at cheap valuations.
A caveat, though.
It’s important to ensure that these businesses have a solid track record and strong brand name, or you could be looking at a potential value trap.
Here are three undervalued stocks that you can consider for your investment watchlist.
Hongkong Land Holdings Limited (SGX: H78)
Hongkong Land Holdings Limited, or HKL, is a property investment, development and management group.
The group owns and manages more than 850,000 square metres of prime office and luxury retail in Hong Kong, Singapore, Beijing, and Jakarta....