Dear readers, we are about to welcome Year 2020. Every time when it comes to this time of the year, there will be many analyst reports which pick the recommended stocks for the upcoming year. Hence, not surprisingly, I have recently read a number of analyst reports which highlight the analysts’ picks for Year 2020.
And a common thread I find so far from all the analyst reports is that in general, many of the recommended stocks are in the Straits Times Index. This noting of mine also applied for the analysts’ stocks picks last year (for 2019 recommended stocks). It does not surprise me that a number of the Straits Times constituent stocks are favoured by analysts. The Straits Times Index stocks in general are fairly “safer” in regard to fundamentals and have a certain size in terms of market capitalisation.
As for me, when it comes to investing in Singapore stocks next year, I will as usual go for the Straits Times Index ETF given that a number of Straits Times stocks have reached some peak in terms of valuation and a number of them are also facing stiff competition.
And I think there are opportune times to invest in the Straits Times Index ETF in year 2020.
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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