3 Singapore Blue-Chip Stocks to Buy if the Market Crashes Tomorrow

3 Singapore Blue-Chip Stocks to Buy if the Market Crashes Tomorrow

Yahoo - SG·2022-05-27 14:15

CapitaLand Investment

It’s always good to be prepared for investment opportunities.

Keeping cash handy and staying updated on the latest business developments can help you to decide on whether to pull the trigger.

Of course, falling share prices also help as lower valuations increase the margin of safety, all else being equal.

With Prime Minister Lee Hsien Loong warning of a possible recession in the next two years, there may be plenty of chances to buy stocks more cheaply.

You can position yourself to invest in strong, blue-chip businesses that can withstand any downturn that comes along.

Here are three that are ripe for the picking should the stock market suddenly crash tomorrow.

Keppel DC REIT (SGX: AJBU)

Keppel DC REIT is a data centre REIT that owns a portfolio of 21 data centres spread across nine countries.

The portfolio was worth around S$3.5 billion as of 31 March 2022.

The REIT reported a mixed set of results for its fiscal 2022 first quarter (1Q2022).

Gross revenue slid by 0.9% year on year to S$66.1 million while net property income dipped by 1.4% year on year to S$60.1 million.

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