The brokerage has highlighted stocks based on laggards that are backed by solid earnings and a healthy balance sheet, along with stocks that have benefitted from China’s recovery. It has also highlighted stocks with the ability to recover quickly post-Covid-19, says Cheong.
UOB Kay Hian analyst John Cheong and the Singapore research team have highlighted BRC Asia, Food Empire, Frencken and InnoTek as its top buy picks among the small-mid cap sector.
He has given all three “buy” calls with target prices of $1.88, 88 cents and 82 cents respectively.
