DBS Group (SGX: D05)
DBS needs no introduction, being Singapore’s largest bank by market capitalisation. The lender has a rock-solid reputation and boasts a strong track record of financial performance. Investment firm Temasek Holdings also owns 29.05% of DBS as of 7 February 2024. The group reported a sparkling set of earnings for the...Every investor dreams of owning stocks that they can pass down to their children or loved ones.
For this to happen, the company must have endearing characteristics such as a robust business model, a long track record of growth, and a stellar management team.
Blue-chip stocks are a category of stocks that fits these criteria as they are large companies with a track record of going through good times and bad.
Most of them also pay a dividend to boot, thus helping to generate a stream of passive income for you.
Here are four Singapore blue-chip stocks that we feel confident you can buy and own forever.