A great way to look for investment opportunities is to scour the 52-week high list. Stocks hitting their year-high usually report good news, such as positive earnings, higher dividends, or a promising acquisition. Of course, investors need to assess if these businesses can continue to perform. Here are four Singapore stocks that recently hit their year-highs that you may consider adding to your buy watchlist.

SBS Transit (SGX: S58)

SBS Transit is a leading bus and train operator with a fleet of more than 3,000 buses operating some 200 bus routes. The group’s rail network spans 83 km across 79 stations. SBS Transit is also a member of ComfortDelGro Corporation Limited (SGX: C52). The land transport company saw its share price climb nearly 20% year-to-date and hit a 52-week high of S$2.91. For 2024, SBS Transit saw revenue inch up 2.1% year on year to S$1.6 billion. Net profit stood at S$70.3 million, up 1.8% year on year....