“As the outlook of certain companies remains robust, we believe the risk-reward profile at these valuation levels has made the counters an attractive option,” writes the analyst in his March 17 report.
RHB Group Research analyst Jarick Seet has upgraded his recommendation on the Singapore technology sector to “overweight” from “neutral”.
His upgrade comes after the recent correction within the tech sector, which resulted in undemanding valuations, especially that of Singapore-listed counters.
