Kaohoon Online has selected stocks with a potential of high growth for investors to consider on November 25, 2019.
Krungsri Securities (KSS) has given a “BUY” recommendation on Srisawad Corporation Public Company Limited (SAWAD) with a target price at ฿67.00/share.
KSS states that financial stocks will continue to benefit from falling interest rates (weak GDP and strong baht could trigger further rate cuts). SAWAD will also be added to the MSCI effective Nov 26, which will attract interest from funds and foreign investors.
Maybank Kim Eng has given a recommendation on The Siam Cement Public Company Limited (SCC) with a target price at ฿420.00/share.
Maybank states that even though the progress on the US-China trade negotiations remains unclear, it shows some improvements which present positive momentum to speculation in the stocks with a higher proportion of petrochemical business. This coupled with the likelihood it will list its packaging business in the market which will help boost value. SCC pays a dividend of 4.1% per year, making it more attractive for gradually accumulating.