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Share Prices of These 3 Singapore Stocks Are Punching Past Their 52-Week Highs: Can Their Momentum Continue?
By The Smart Investor  •  November 28, 2024
You know that a company should be doing something right when its share price starts soaring. While sentiment may play a part in the rise, it’s a sustained improvement in business fundamentals that ultimately drives share prices higher over the long term. Investors who are scouring the market for investment ideas can use the 52-week high list as a great starting point for identifying attractive investment ideas. Here are three Singapore stocks that are breaching their 52-week highs, and investors may be curious to know if their momentum can continue.

Riverstone Holdings (SGX: AP4)

Riverstone is a manufacturer of nitrile and natural rubber clean room gloves as well as premium nitrile gloves. The group’s customers are in the hard disk drive (HDD), liquid crystal display (LCD), semiconductor, pharmaceutical, and healthcare industries. Riverstone owns six manufacturing facilities with an annual production capacity of 10.5 billion gloves. The glove maker’s share price recently touched its 52-week high of S$1.06 and is up more...
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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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