stock picks

Don't let your investing guard down in 2019, says RHB

SINGAPORE (Dec 26): RHB Research is targeting 3,300 for the Straits Times Index (STI) by end-2019 and advises investors to remain defensive amid anticipated volatility in the year ahead – by focusing on buying stocks that offer stable earnings, strong balance sheets and sustainable dividends.

The research house’s caution comes despite inexpensive overall market valuations, in the research house’s view, with the STI trading at 12.7 times its one-year forward P/E at the -1SD band as at the close of Dec 13.

Why Valuetronics is UOB's only 'buy' pick among small-cap manufacturers

SINGAPORE (Nov 27): UOB Kay Hian is naming Valuetronics as its top pick among the small-cap manufacturing companies under its coverage.

This comes after Sunningdale and Memtech missed the research house’s net profit forecasts over the 3Q18 earnings reporting season. Both have been rated “hold” with $1.50 and 91-cent price targets, respectively.

Buy these quality stocks on dips as the 'Great Singapore Sale' continues, says OCBC

SINGAPORE (Feb 7): With the latest surge in market volatility and resultant sell-offs, OCBC Investment Research is now declaring it the “Great Singapore Sale” for SGX-listed stocks upon viewing the current correction as a good opportunity to re-enter the market.

“While risks of further weakness remain for the near term, there are still positive drivers for equities, and supported by broad-based economic growth and healthy corporate earnings. In addition, markets have been on a strong uptrend since late last year,” notes OCBC’s head of research, Carmen Lee, in a Wednesday report.

5 'must own' stocks to scoop up in a market rebound: CIMB

SINGAPORE (Feb 7): CIMB Research is keeping its STI target of 3,600 intact for now, with expectations of 8% earnings per share (EPS) growth for 2018, along with more earnings upgrades ahead in the non-REIT earnings season.

In a Tuesday report, analyst Lim Siew Khee says CIMB’s near-term support for STI hovers between 3,370 and 3,470.

6 Asian equity picks for 2018: HSBC

SINGAPORE (Dec 8): HSBC is expecting the relatively robust cement demand recovery in Indonesia to continue into 2018, with the country’s utilisation set to rise even with sub-optimal property demand growth – while the dynamic random access memory (DRAM) industry could peak its return-on-equity (ROE) cycle in the year ahead.

What to buy (and avoid) as the market grinds towards a recovery

SINGAPORE (March 9): The basket of shares under Maybank Kim Eng’s coverage for the quarter ending December 2016 performed poorly, but the brokerage believes selective stock-picking can still yield decent returns this year.

In a Thursday report, analyst Neel Sinha says revenues for stocks under Maybank’s coverage fell for the fifth straight quarter by 2%, EBITDA fell  8% while core profit fell 7%. Overall margins were also down both y-o-y and q-o-q especially with banks and telcos adding to the bleak outlook.

Hunting high and low for stock bargains? Here's how to narrow the search

SINGAPORE (Jan 13): Many of the stocks that have done well this past year and are currently trading close to their 52-week highs, have great micro- fundamentals and could continue to deliver many years of growth.

In fact, a good number of them are trading at higher levels than they were in early 2015, when the market went into a tailspin.

4 investment themes to navigate a growth-challenged 1H17

SINGAPORE (Jan 3): UOB Kay Hian is flagging growth headwinds and external risks in what it calls a growth-challenged year ahead, and therefore recommends positioning defensively on elevated volatility and an uncertain macro outlook.

Although the research house has forecast overall 2017 earnings per share (EPS) to grow 10.5% on year to be led by the plantation, aviation and telecommunication sectors, it maintains top-line will remain under pressure along with “stubbornly high” costs.

These stocks matter even more than those with growth options

SINGAPORE (Nov 18): Maybank Kim Eng is recommending four near-term stock picks that are skewed to a preference for capital preservation, rather than pursuing growth options which the research house argues may carry lower defensibility.

In a Friday report, analyst Neel Sinha notes resilient margins among Singapore corporates despite yet another poor quarter of financial results.

Stocks to shelter from the Brexit storm: CIMB

SINGAPORE (June 27): As the STI fell 2% to 2,735 on Friday, CIMB’s Lim Siew Kee and Kenneth Ng warns that the selldown may not be over as markets adjust to the repercussions of Brexit.

“Brexit has set the precedent of democracy gone out-of-hand, and potentially a harbinger of more such ‘referendums’ in Europe to come, including reigniting the prospect of Scottish independence and other EU countries attempting to renegotiate new terms with Brussels,” Lim and Ng wrote in a note on Monday.

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