CapitaLand Ascott Trust (SGX: HMN)
CapitaLand Ascott Trust, or CLAS, is a hospitality trust with a portfolio of 102 properties with more than 18,000 units across 16 countries in Asia Pacific. CLAS’s assets under management stood at S$8.5 billion as of 31 March 2024. The hospitality trust announced that it acquired the remaining 10% stake in Standard at Columbia, a freehold student accommodation property in South Carolina, USA....Growth in profits and cash flows drives stock prices higher over time, yielding attractive capital gains for patient investors.
Investors should keep their eyes peeled on business developments that can help to drive revenue and boost profits.
Such catalysts can be in the form of contracts secured, agreements signed, an acquisition, or an inked partnership.
Over time, these businesses may also pay out higher dividends as their cash flow improves, translating into a double bonus for investors.
Here are four stocks with recent business developments that should make you include them in your July buy watchlist.
