Singapore Market Focus - DBS Research 2025-03-06: 5 Stocks To Buy, 2 To Avoid After FY24 Earnings Results.

• We identify 5 stocks with resilient earnings outlooks following the FY24 results season, and see 2 profit-taking and sell-into-strength opportunities.
• We identify 5 companies that have stepped up their capital management plans this results season.

4Q24 results wrap up – 5 stocks to buy, 2 to avoid

• - Read this at SGinvestors.io -
• We are positive on:
  • iFAST (SGX:AIY) for its stronger assets under administration and earnings trend,
  • Grand Venture (SGX:JLB) and its positive momentum in semiconductor, aerospace and life science sectors,
  • Sembcorp (SGX:U96) as a promising growth and yield play,
  • - Read this at SGinvestors.io -
  • CapitaLand Integrated Commercial Trust (SGX:C38U) for its robust and resilient DPU outlook.
• Conversely, we see profit-taking and sell-into-strength opportunities in 2 stocks - SIA (SGX:C6L) and Aztech (SGX:8AZ) - trading above our analysts’ target price with still challenging outlooks ahead.

Recent reports:

• Read more at SGinvestors.io.

Kee Yan YEO CMT DBS Group Research | Fang Boon FOO DBS Group Research | https://www.dbs.com/insightsdirect/ 2025-03-06 SGinvestors.io

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