Share prices move up and down for a wide variety of reasons.
Business fundamentals are one main factor but short-term sentiment may also result in share price volatility.
Stocks may hit a low due to weak sentiment and poor earnings, and this is a fertile ground for value investors to look for cheap bargains.
Of course, it’s important to ensure you are not walking into a value trap and to determine if the business may just be going through a temporary dip.
By trawling through a list of stocks at their 52-week lows, you can compile a list to look at and review if they are worth buying.
Here are four Singapore stocks that recently touched their year-lows.
Haw Par Corporation Limited (SGX: H02)
Haw Par is a conglomerate with four divisions – healthcare, leisure, property and investments.
The group sells the iconic Tiger Balm brand of ointments and salves that is recognised worldwide....