Daily Strategy for Investors on November 10, 2020

Asia Wealth Securities (AWS) released an analysis for the trading session on November 10, 2020, indicating the essential events in the stock market as follows: 

 

Investment Ideas:

The overall investment today – AWS expects the SET today (10 Nov) to continue to rise, even last week, the SET Index has raised more than 7.6%, responding positively to the expectation of capital inflows in the region after Biden won the election, in addition to news stories about Pfizer Inc and BioNTech’s vaccine development progress, as well as the companies expected to roll out third phase test results within Nov 2020 from many companies which will be a factor supporting investment, especially for global play stocks that AWS added weight to its investments last week. 

Increases in big rounds of the market often expect a 15%-20% return, coupled with a substantial drop in the share price over the past six months, giving the stock valuation a high enough upside for investment. 

For investment strategy, AWS continues to select stocks in global play and stocks that benefit from the near-term success of vaccine development.

 

Pfizer Inc, the largest the U.S. pharmaceutical company, and German pharmaceutical company BioNTech had announced today that the results of the experiment indicate that The COVID-19 vaccine, jointly developed by Pfizer Inc and BioNTech, is more than 90% effective against COVID-19 for those who have never been infected before.

Pfizer Inc will register a vaccine against the COVID-19 virus to the U.S. Food and Drug Administration (FDA) next week which expects that 50 million doses of the vaccine will be produced by 2020 and another 1.3 billion doses by 2021.

 

Technical View – Today, AWS expects the SET Index to move between 1,270-1,295 points. The recommended stocks are EGCO, AMATA, BBL, BEM and SPALI.

 

Core Investment

1.Global Play (Trading within 1 month) – PTT, SCC, PTTEP, TOP, PTTGC, IVL, CPF and TU

2.Stocks which obtained the benefit from the nearest successful of COVID-19 vaccine (Trading within 1 month) – AOT, AAV, BA, ERW, M, CRC, CENTEL, MINT, WHA and AMATA

3.Dividend Play (Middle-term trading 6-12 months) – SC, LH, QH, KKP, TISCO, RATCH, DIF, INTUCH, EASTW and TTW

4.Long term accumulative stocks (DCA) (Long-term trading over 1 year) – AOT, BEM, ADVANC, WHA, LH, CPALL, CPF, BDMS, HMPRO, BBL and KTB