Dear readers, let us look at the list of oversold large-cap Singapore stocks right now. This list of stocks which I am going to talk about excludes the Straits Times Index (“STI”) stocks as well as Reits and Business Trusts.
I believe it is of interest to investors of just which of the Singapore’s largest caps stock are now Oversold though we must not understand Oversold as being attractive-to-buy stocks. In fact, Oversold stocks may be dangerous by the virtue of the possibility of investors “catching a falling knife”. Without further ado, let us take a look at the stocks map above to see which of the largest caps Singapore stocks are oversold as of the last trading week.
From the stocks map, there are two Oversold large-cap Singapore stocks: Sheng Siong and Bukit Sembawang. From the fundamentals perspective, are these two stocks attractive?
Well, in terms of fundamentals, Sheng Siong stock pays a dividend yield of around 3% and has a 52-weeks low of $1.01. Bukit Sembawang stock is close to its 52-week trading low and pays just 0.826% dividends yield.
As usual, this post is not a recommendation of stocks, but just a selective discussion of Singapore stocks. Please always do your own due diligence for your investments.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!