facebookWith SG shares opening with big gains on vaccine and STI up 2.5%. I think it's time for a change of winds - Buy banks, telco, travel and dump medical, tech, supermarket. Any thoughts? - Seedly

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Anonymous

11 Nov 2020

Stocks

With SG shares opening with big gains on vaccine and STI up 2.5%. I think it's time for a change of winds - Buy banks, telco, travel and dump medical, tech, supermarket. Any thoughts?

Discussion (9)

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Colin Lim

11 Nov 2020

Financial Services Consultant at Colin Lim

I bought all these reits when people are dumping, and i only buy certain reits... Now i am in the green becos of the surge.. Now u buy.. Is like buying pre covid share price.

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Seems like short term noise. vaccine production to utilisation still a long way to go, besides it's only 90% effective?

supermarket - a need, demand won't drop. at most no more hoarding

banks - with close to 0% interest in the next few years, profitability will be affected

telco - stiff competition from mnvos

travel - possible

tech - it's the future!

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Buy supermarket, reit still red. Tech today also red

Hold bank. Too green today

Love buying when r...

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