Let's have some fun and guess which blue chip stocks Singapore you need to know in 2021. Read our guide as we break everything down!
Is your piggy bank bursting at the seams because, for the past year, you’ve done nothing but save money? In truth, there was nothing else to do while COVID 19 had everyone in lockdown. But now you’re ready to break open that piggy bank and invest your money in blue chip stocks Singapore.
If your piggy bank is a bit confused about which blue chip stocks Singapore you need to buy, please read on. The informational guide below will break down the details of five blue chip stocks in Singapore. Besides, if you keep putting money in your piggy bank, you’re going to have to go out and buy a lot more to hold all your upcoming investment earnings.
Blue Chip Stocks Singapore
When you invest in blue chip stocks, you become part of an elite group of investors. You should invest in blue chip stock for that reason alone. Almost everyone you know is part of the elite investment group already.
You have now decided it’s time to join the top-hat elite investors by learning more about blue chips stocks. Blue chip stocks have a firm establishment and are financially sound stock shares that are profitable. Blue chip stocks Singapore did take a hit in 2020 due to COVID lockdowns.
But in 2021, they are starting strong. Out of 30 Singapore stocks, 27 have average or strong buy ratings. Blue chip stocks in Singapore are perceived to be steady and certain. While your piggy bank relates to steady and certain, it may be time to pick up the pace and break open that piggy bank.
What are Blue Chip Stocks?
A good example of blue chip stocks is through three blue chip banks in Singapore. They are DBS, OCBC, and UOB. Straits Time Index (STI), and the stocks use a market capitalization-weighted index. Blue chip stocks provide a weightage of 40% in the 30-stock index.
Since Singapore has blue chip banks, their reach is in the global markets of Thailand, India, and China. If you and your piggy bank have always wanted to travel, now is the time to visit these blue chip banks or research their achievements. Most of the time blue-chip stocks are considered low-risk.
When you invest in them, they have varying return rates but are viewed as steady and profitable. The financial market considers blue chip stock as having billions through market capitalization. Blue chip is almost always amongst the market leaders in any investment sector.
Blue Chip Stocks 2021
The blue chip stocks in Singapore range from the energy industry, research to transport industries. Each company on the blue chip stock list outperforms in their ratings. Think of a foot race where five runners on the track keep passing the other fifteen runners up every time they meet.
These five runners keep passing the other fifteen runners every time they meet. It may be annoying, but blue chip stock companies love taking on any newcomer who thinks they will outperform them. If you listen as you look over a blue chip stock investment list, you may hear some laughter from those five-ten top runners.
They are always laughing under their breath. The truth is most of the time, leading blue chip companies are going to look over the competition. That’s when they decide the competitors won’t bypass them anytime soon.
Blue Chip Stocks List
You’re probably not going to bypass them with any amount of speed or longevity needed for the race. Yet companies do still try. Here are some of the most notable blue chip stocks are:
1) Sembcorp Industries (SGX: U96)
Sembcorp Industries has a 12–month timeframe with a target price for shares at $1.983 from surveyed Singapore Exchange (SGX) brokers. Semcorp is an energy company that didn’t have a great year in 2020. Yet, it’s a projected rapid earning forecast in 2021 and 2022 with a 14% and 4% higher price to book ratio of 1.0 times.
2) Wilmar International (SGX: F34)
Wilmer International is a food producer with its highest earnings on the Singapore Exchange since its debut in 2005. Agribusiness had a 19% increase for the year-on-year projects as of December 2020. They may have started as one of the runners trying to pass the blue chip stock runners, but in 2020 they made it happen.
3) Oversea-Chinese Banking Corporation (SGX:039)
OCBC is a multinational banking and financial services company. They are one of those blue chip banks that your piggy bank would approve. OCBC is steadily and firmly sustaining quarter by quarter profits. They see loan growth and now a “buy” call share.
Whenever and whatever you want to buy or sell in blue chip stocks Singapore, you have to pay attention to what trading platform. You also have to watch out for the rising and falling market share rates.
4) DBS Group Holdings Ltd (SGX: D05)
DBS Holdings is a reliable company that gives you a steady and profitable return. This is one of Asia’s best banks and shows growth and development as a long-term investment. That’s because DBS has been able to invest in some lucrative digital transformation during the COVID lockdown.
This diversification has recently hit paydirt.
5) Venture Corporation, Ltd (SGX: V03)
Venture Corporation is a blue chip stock runner that proved to the rest of the world it is a reliable and resilient company during COVID. Venture Corporation was so resilient they found a way to prove they could win the race in top-tier blue chip company status.
They are winning the race by paying reliable dividends to their shareholders. They not only pay dividends to their shareholders, but they do it with a dividend yield of 4%.
Best Blue Chip Stocks
Now that you and your piggy bank are ready for some blue chip stocks Singapore investment action, you now know the first five blue chip stocks worth considering. Money Advisor Wiki has detailed information on blue chip stocks in Singapore. Money Advisor Wiki will provide you with the information you need for the stocks you want.
Your piggy bank is many things but investing genius it is not. That’s why you need Money Advisor Wiki to leave behind the running track you’ve been on forever. Now is the time to start running on paths you create.
Engage in conversation with other investors, blue chip stocks company personnel in Singapore, or find an investment internet resource. You don’t gain much traction in your investments running around the same circle over and over again. But you do gain many possibilities when you start thinking outside the circle and chart your own course.