Dear readers, some Singapore Stocks to buy now may be those which are Oversold currently if the fundamentals of these stocks continue to be robust and investors could hold them for the longer period. I mean, it is not just the Straits Times stocks which are oversold right now that could be Singapore Stocks to buy now ; the next largest market caps stocks on the Singapore stocks are also oversold such that it may now be worthy to take a look now.
From the stocks map showing the next largest Singapore stocks in terms of market capitalisation (excluding REITS and Trusts), those currently oversold stocks are shaded in dark green. Namely, Shangri-La, Great Eastern, Sembcorp Marine, Bukit Sembawang, Silverlake Axis and Haw Har Corp: are these Singapore stocks to buy now and hold for the longer-term? Or will these oversold stocks continue to get cheaper in line with the macro environment?
As investing is very personal, I cannot give you the exact advice that suits your investment goals; but my advice is that stocks are likely to head south in the longer term due to the macro factors and if investors want to leverage on the markets low to invest right now, one good way will be to invest a bit in the Straits Times Index ETF so that investors do not need to bother how a specific’s company fundamentals will affect the investment.
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