Separating the wheat from the chaff

TheStar Sat, May 16, 2020 09:50am - 3 years View Original


AN air of cautiousness permeates the minds of most investors when it comes to the economy and companies’ outlook.

There is also the worry of a second wave of the Covid-19 outbreak.

Yet, the stock market seems all charged up when it comes to stocks that are seen to be beneficiaries of the pandemic or at least those that claim to be.

Most of the companies whose shares have been actively bought over the two weeks are healthcare-related companies. While rubber gloves stocks have already been sought after by investors since the outbreak, they continue to attract buyers. But the euphoria seems to have spread to periphery players, all jumping on the Covid-19 bandwagon.

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