ASCENDAS REAL ESTATE INV TRUST (SGX:A17U)
CAPITALAND LIMITED (SGX:C31)
CAPITALAND MALL TRUST (SGX:C38U)
NETLINK NBN TRUST (SGX:CJLU)
SUNTEC REAL ESTATE INV TRUST (SGX:T82U)
SINGAPORE AIRLINES LTD (SGX:C6L)
SINGAPORE TECH ENGINEERING LTD (SGX:S63)
UOL GROUP LIMITED (SGX:U14)
Stock Picks 2020 - Stay Invested; Selective Buying, Especially For Companies With Stable And Sustainable Dividends
Stocks picked in Strategy 2019 report gained 15.3%
2019 stock picks outperformed broader indices
- For our 2019 Strategy, we titled the report as “Value over growth; stable and sustainable dividends” and the stock pick strategy largely reflected that with a strong preference for value stocks. Please refer to the report 2019 Stock Picks - OCBC Investment 2018-12-06: Value Over Growth; Stable and Sustainable Dividends for more details.
- The list included a clear overweight on the banking and property sectors. The average gain is 15.3% - outperforming both the STI and the MSCI Singapore Index. Click on see full report button below for details in PDF report.
Stock Picks 2020: Stay with some of the winners!
Venturing into selective e-commerce and internet stocks…
- For our 2020 stock picks, we have included some of the companies in the e-commerce and internet areas as we believe that the positive demand trend will continue.
- In Singapore, the recent correction in S-REITs have thrown out some interesting opportunities to accumulate ASCENDAS REIT, CAPITALAND MALL TRUST and SUNTEC REIT. See also recent report: Singapore REITs - Let’s Go With The Big Guns
- We also continue to like NETLINK NBN TRUST for its defensive earnings and good dividend yield.
Stock Picks 2020
| Stock Picks 2020 | Fair Value | Sector |
|---|---|---|
| ASCENDAS REIT (SGX:A17U) | S$3.25 | REIT |
| CAPITALAND (SGX:C31) | S$4.42 | Real Estate |
| CAPITALAND MALL TRUST (SGX:C38U) | S$2.73 | REIT |
| NETLINK NBN TRUST (SGX:CJLU) | S$1.03 | Telecom |
| SUNTEC REIT (SGX:T82U) | S$2.05 | REIT |
| SINGAPORE AIRLINES (SGX:C6L) | S$10.46 | Airlines |
| ST ENGINEERING (SGX:S63) | S$4.64 | Transport Support Services |
| UOL GROUP (SGX:U14) | S$9.25 | Real Estate |
| AIA Group (1299 HK) | HKD90.00 | Life Insurance |
| Alibaba (BABA US) | USD203.50 | E-Commerce Discretionary |
| Trip.com (TCOM US) | USD38.00 | Internet Based Services |
| JD.com (JD US) | USD39.80 | E-Commerce Discretionary |
| Tencent (700 HK) | HKD391.00 | Internet Media |
Read also
Carmen Lee
OCBC Investment Research
|
https://www.iocbc.com/
2019-11-25
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