Dear readers, which stock is the Best performing for Year 2022?
Well, before we come to the answer, let us revisit the best Singapore stock for Year 2021. Revisiting the top previous best gainer for the Singapore stock markets because of nostalgia – yes, I tend to become nostalgic every time it comes to the year end.
How many of you ever remember that Singapore has had a six- or seven- bagger Singapore stock last year? Find out the name of this Singapore stock right here. This winner has since shed 70% year-to-date and trades at humbler levels now.
The Best performing stock has had a 1,595 per cent rally this year. And would you be surprised if I share with you that this stock is not found in the US or bigger international stock markets?
And would you be even surprised that this stock could be found in a regional stock market close to Singapore?
Well, without further ado, this stock is none other than Adaro Minerals, which according to Google is up 1,129.63% year-to-date! And physically that means, a $1,000 investment in the stock will turn out to $11,296, and so on and so forth.
Congratulations if you have bagged a multi-bagger this year, especially given that the stock market environment has become very challenging and volatile this year!