Dear readers, in this post, I will share with you four oversold Straits Times Index (STI) stocks right now on the Singapore stocks exchange as well as one investing strategy which you can adopt: SG Investing Plan.
First, the four oversold Straits Times Index (STI) stocks are as follows:
CapitaCommercial Trust
CapitaMall Trust
Keppel Corporation stock
Thai Beverages stock
As shared many times on this website, my sharing of oversold Straits Times Index (STI) stocks does not necessarily mean that these stocks are poised for a rebound soon (and hence are attractive entry points now). Rather, it is more of getting insights on the Straits Times Index (benchmark of Singapore stocks markets) and its constituent stocks, e.g. how specific sector stocks are performing.
The Straits Times Index remains a strategy for which I invest in the Singapore stocks markets the sustainable and growth way (yes, that’s right the “SG” way right here on SG Stocks Investing) through investing in the STI ETF (ES3.SI) which tracks the Singapore Straits Times Index. I believe there are some who think that investing in the STI ETF does not make one lots of monies. But I differ since the STI ETF is really a very diversified way of investing that removes the risk of losing one’s monies through an investment in just one STI stock.
You could just see how over the years, how several of the STI constituent stocks or now called former STI constituent stocks have fallen to a much modest level. Names like Hutchinson Port Holdings, Golden Agriculture, SPH, etc. Even those heavy-weight STI stocks like DBS, OCBC, UOB stocks now have a guidance on the cap to the amount of dividends which they should offer investors with. And not to mention Singtel stock, which is now trading close to the 2008 level
A narrative I always hold is that certain so-called blue-chip stocks are no longer so in this decade marked by profound economical and geo-political changes continuously. Instead of picking stocks, why not just invest in the STI ETF to stay invested in Singapore stocks on a sustained and growth basis? The Straits Times Index is always constantly refreshed with the strongest and largest stocks on the SGX and you could be sure that your investment in the STI ETF is always in the strongest and largest Singapore stocks at any point of time.
Just to share with you an example, if you had invested in the STI ETF (ES3.SI) on 23 March 2020 at its closing price of $2.241; at the closing price of $2.594 of the STI ETF on 14 Aug 2020, you could have profited about 15.8% capital appreciation and not counting dividends!
I always believe in having just ONE investing strategy where it comes to investing. One Sustainable and Growth (SG) investing strategy. The SG Investing Plan!
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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