Digital Core REIT (SGX: DCRU)
Digital Core REIT, or DCR, is a data centre REIT with a portfolio of 10 data centres worth US$1.4 billion as of 30 September 2024. DCR’s unit price declined more than 20% in the past year to touch its 52-week low of US$0.52. The REIT resolved its customer bankruptcy issues back in November 2023 and is on track to proactively manage its portfolio with the support of its sponsor, Digital Realty Trust (NYSE: DLR)....It’s never a good feeling to see your stock tumble in price.
However, a falling share price may present a golden opportunity to buy a quality business cheaply when other investors feel pessimistic about it.
Of course, it’s important to carefully assess the underlying business to determine if the stock is worth a second look.
We highlight five Singapore stocks that recently touched their 52-week lows.
Let’s dig deeper to find out if they could be bargains worth scooping up.
