Good time to accumulate stocks, says analyst

TheStar Thu, Jun 23, 2022 10:20am - 1 year View Original


Commenting on sectors to invest in, Trident Analytics chief research officer Peter Lim Tze Cheng told StarBiz he believes such sectors include those which are in the recovery game, namely, financial, building materials, industrial products and consumer sectors.

PETALING JAYA: Investors should accumulate stocks, despite the plunge in the market.

“Whenever the sentiment is all doom and gloom, it usually signifies the bottom of the market or close to the bottom,” Trident Analytics chief research officer Peter Lim Tze Cheng told StarBiz, adding that it was the best time to find stocks with good company fundamentals and collect them.

He said the strategy for investors should be to “collect” stocks.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.470
CIMB 6.670
FBMKLCI 1570.290
HEIM 23.360
KLK 23.000
MPI 29.980
NESTLE 126.900
PBBANK 4.240
PETDAG 21.800

Comments

Login to comment.