Raffles Medical Group (SGX: BSL)
Raffles Medical Group, or RMG, is an integrated healthcare player operating in 14 cities within five countries in Asia. Its network includes three tertiary hospitals along with 100 multi-disciplinary clinics offering health screening, diagnostic services, and specialist care....With the bearish sentiment in the stock market right now, it is not surprising to see many stocks hitting a year-low.
Worries over the state of the economy, coupled with the surge in interest rates, are two of the reasons why investors feel downbeat over earnings and prospects.
Despite these headwinds, there could be potential bargains in the market for investors who are willing to delve deeper.
Some stocks may have been unfairly punished as investors bail out en masse, creating opportunities to scoop up shares of solid companies on the cheap.
We profile four stocks that recently hit their 52-week lows to determine if they should end up on your buy watchlist.