DBS Group Research analysts Yeo Kee Yan, Chung Wei Le and Janice Chua have recommended investors to accumulate ComfortDelGro (CDG), Dairy Farm and Singapore Telecommunications (SingTel) at bargains as these “laggard large caps”, as the team led by Yeo calls them, offer recovery potential and trade over 15% below their February 2020 price levels.

The way the team sees it, CDG stands to benefit from more workers returning to their offices, as more commuters are expected to use trains from April 5.


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