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OCBC predicts overall growth to continue in 2H2021 with short-term 'volatility episode'

Felicia Tan
Felicia Tan6/10/2021 03:22 PM GMT+08  • 5 min read
OCBC predicts overall growth to continue in 2H2021 with short-term 'volatility episode'
The current correction for high-growth stocks means investors can now buy those counters for the medium to long term.
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Companies that have enjoyed strong earnings growth so far – especially those in the high-growth technology sector – should continue to benefit from the global digitalisation trend, says OCBC Investment Research (OIR) analyst Carmen Lee in an equity research report on June 7.

In her outlook for the rest of 2021, Lee called the first five months of 2021 “volatile but good” and that the global economy recovery is underway, with the trend likely to stay positive for the next one to two years, she writes.

While Covid-19 has been around for over a year at this point, Lee says the pandemic is unlikely to end anytime soon.

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