Cheap Stock #1 – Global Palm Resources
Global Palm Resources Holdings Limited is an Indonesia-based oil palm producer. The Group is primarily involved in the sales of fresh fruit bunch and in the cultivation, harvesting and processing of oil palm fruit into Crude Palm Oil and Palm Kernel for sale. Global Palm Resource’s plantations and mill are strategically located in West Kalimantan...The recent massacre in the stocks market worldwide must have been painful for many investors. Even famous hedge funds such as Melvin Capital has closed down during this bearish market.
For the uninitiated, Melvin Capital is the hedge fund that was ‘played’ by retail investors who short-squeezed his ‘GameStop’ position – leading to billions of losses for him.
On the other hand, there are still bright spots in the market, especially in the downstream and commodity space.
Here are 3 such cheap stocks going up trend that you should take note of.
