Invest
3 Singapore Blue-Chip Stocks Hitting 52-Week Highs: Should You Buy Them?
By The Smart Investor  •  December 6, 2022
Blue-chip stocks are famed for their stability and dependability. Such stocks offer a safe harbour during troubled times as they have a track record of weathering both good times and bad. Some investors like to hunt through the bargain bin to see which stocks are scrapping their year-lows. However, from experience, such businesses may turn out to be value traps. Instead, you can look for stocks that are scaling a new 52-week high. Investors may be feeling optimistic about the company’s business prospects and have pushed its share price higher. Let’s take a look at three Singapore blue-chip stocks that recently hit new year highs to see if they should qualify to be on your buy watchlist. Keppel Corporation Limited (SGX: BN4) Keppel is a conglomerate with four divisions – energy & environment, urban development connectivity, and asset management. The group’s share price recently touched a 52-week high of S$7.72 and is up almost 48% year to date to close at S$7.64....
Read the full article
By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance