VICOM (SGX: WJP)
VICOM provides inspection and technical testing services. These include vehicle testing and non-vehicle testing services in fields such as mechanical, biochemical, civil engineering, and non-destructive testing. For the first quarter of 2025 (1Q 2025), revenue climbed 18.9% year on year to S$33.3 million. Operating expenses, however, jumped 23.2% year on year, resulting in operating profit rising by 8.7% year on year to S$9 million. Net profit improved by 7.5% year on year to S$7.5 million....Blue-chip stocks may be a mainstay of the stock market, but investors can also consider other types of stocks to help diversify their portfolios.
One important criterion is that these companies need to report higher revenue and profits to ensure that they qualify as suitable growth stocks.
Over time, if these stocks continue to grow in size and can consistently churn out higher profits and free cash flow, they could be upgraded to blue-chip stocks.
Here are five attractive blue-chip candidates to consider for your buy watchlist.
