AWS Recommends Selling-Taking Profit at Full Value, Expecting SET to Remain Volatile

Asia Wealth Securities expected the SET this week (25-29 Jan) to move within the range of 1,463-1,538 points. The SET Index is likely to remain volatile after last week (18-22 Jan), the SET Index dropped 21.25 points (-1.4%), the downward pressure still continuing from the previous week, including the situation in the U.S. that need to be followed up this week, especially about economic stimulus measures, international politics (U.S. and China) and Fed Meeting (26-27 Jan).

 

The security company recommended selling and taking profit at full value or exceeding the fundamental value. While new investment rounds, for short-term investors, focus on speculation in stocks with positive supporting factors. For example, stocks that benefit from the loosening of the lockdown measures (relief 13 risky locations in Bangkok by condition) or stocks expected to benefit from Free Float Adjusted Market Capitalization, including BEM, BCH, M, CRC, OSP, CPALL, SCB, KBANK and BBL, or recommended stocks under our Core Investment.

 

Core Investment

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

2) Green energy stocks (Trading within 3-6 months) – GPSC, EGCO, GULF, BGRIM, BPP, BCPG, EA and ACE

3) Expectations for the vaccine and increased stimulus measures (Trading for 3-6 months) – BBL, KKP, BEM, CPF, TU, M, OSP, CPALL, HMPRO, CRC and CHG

4) Stocks which expected that the performance in 4Q20 will outstand (1-2 months) – SAWAD, GULF, SPALI, ORI, WHA and STA

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

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