As 2022 draws to a close, many investors will be breathing a sigh of relief.
Although the year had started out promising, the mood gradually darkened as the twin worries of inflation and high interest rates pummelled the market.
Sentiment dived as investors fret over corporate earnings amid reduced consumer demand.
Growth stocks, as a whole, fell sharply as expectations had to be readjusted downwards.
As we head into 2023, it’s prudent to take steps to protect your investment portfolio.
Blue-chip stocks offer certainty and stability so that you have peace of mind.
What’s more, some of them are still growing despite the headwinds faced.
Here are five promising blue-chip companies that could do better than the market in 2023.
Genting Singapore Ltd (SGX: G13)
Genting Singapore owns and operates the Resorts World Sentosa (RWS) Integrated Resort (IR).
RWS boasts attractions such as the SEA Aquarium, Dolphin Lagoon, and Universal Studios Singapore, and also features a casino and six luxury hotels....