Top 10 Singapore Blue-Chip Stocks That Are Trading Near Their 52-Week Highs
Sudhan Pâ—Ź
Other than looking at shares hitting 52-week lows for investment ideas, we can flip the logic around and look at companies that are near their 52-week high prices.
A stock that is selling near its 52-week high could mean that it has strong business prospects that the market is taking notice of.
After all, investors attain multi-baggers when a stock hits 52-week highs again and again throughout the holding period.
Finding Blue-Chip Stocks at 52-Week Highs
With that, let’s explore the top 10 blue chips whose share prices are close to their 52-week highs (data as of the close on 13 August 2021).
They could be worthy of some research for those who are looking for stock investment ideas.
Company Ticker Last Close 52-Week Intraday High Price-to-Earnings Ratio Price-to-Book Ratio Dividend Yield (%)
CapitaLand Ltd SGX: C31 S$4.10 S$4.10 - 1.0 2.2
Singapore Technologies Engineering Ltd SGX: S63 S$4.09 S$4.10 24.4 5.6 3.7
United Overseas Bank Ltd SGX: U11 S$26.90 S$27.01 16.0 1.1 2.9
DBS Group Holdings Ltd SGX: D05 S$30.98 S$31.74 16.9 1.5 2.8
Frasers Logistics & Commercial Trust SGX: BUOU S$1.52 S$1.57 12.3 1.3 4.4
Mapletree Logistics Trust SGX: M44U S$2.09 S$2.16 20.1 1.6 4.0
Yangzijiang Shipbuilding Holdings Ltd SGX: BS6 S$1.49 S$1.55 11.3 0.8 3.0
Oversea-Chinese Banking Corporation Limited SGX: O39 S$11.97 S$12.77 15.1 1.1 2.6
Keppel Corporation Ltd SGX: BN4 S$5.39 S$5.76 - 0.9 1.9
Mapletree Commercial Trust SGX: N2IU S$2.10 S$2.25 101.6 1.2 4.5
Source: Shareinvestor
Singapore’s three major banks — UOB, DBS, and OCBC — are among the top 10 blue-chip stocks.
In fact, DBS closed at an all-time high of S$31.68 a day after National Day.Â
All three banks increased their 2021 interim dividends following the lifting of the dividend cap by the Monetary Authority of Singapore (MAS).
Further Research NeededÂ
The 10 companies shown earlier are certainly not recommendations to buy or sell any of them.
What investors can do with the list is to dive deeper into the blue-chips and understand which are worth investing in for the long-term using an investing framework.
If you are eyeing a REIT, you can use this guide to pick the best Singapore REITs.
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Disclaimer: The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any stock. The writer doesn’t own shares in any companies mentioned.Â
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