Searching for Solid Singapore Blue-Chip Stocks? These 4 Could be Perfect for Your Portfolio
By The Smart Investor  •  June 18, 2024
Blue-chip stocks are so-named because of their ability to brave through multiple economic cycles. Such stocks qualify as a dependable layer of stocks to serve as the bedrock of investors’ portfolios. In addition to remaining resilient in the face of economic headwinds, most blue-chip stocks also dish out a dividend. This source of passive income, coupled with the peace of mind afforded by this category of stocks, makes them a popular choice for many investors. Here are four Singapore blue-chip stocks that could be perfect for your portfolio.

OCBC Ltd (SGX: O39)

OCBC is Singapore’s second-largest bank by market capitalisation. The lender offers a comprehensive range of services including banking, insurance, and investments for both individuals and corporations. OCBC released a sparkling set of earnings for the first quarter of 2024 (1Q 2024). Net interest income rose 4% year on year to S$2.4 billion for the quarter. Total income increased by 8% year on year to S$3.6 billion...
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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.

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