Saturday, January 23, 2010

Jupiter Online Stock Pick for 2010

Just came back from Jupuiter Online seminar, some of their stock picks for the year of 2010 are:

WellCall Holdings
Sapura Crest
Atrium REIT
TSM Global
Paramount Corp

Talk given by: Pong Teng Siew.

Actually he mentioned these are short to medium terms recommendation only ie. next month to next quarter or so. Overall there are many uncertainties ahead that the bullish trend is really questionable. Hence generally there will be a correction in the market soon, followed by a mainly side trends for the next 2 years.

A few points that I manage to digest are:

Governments backup funds are ending in mid or end of the year, banks are not likely to recover fully and able to stand on their own yet.

USA employment rate is actually higher than reported figures because the number of people claiming un-employment insurance are still rocket high. A lot of part time workers are actually un-willingly working part time but forced to.

China rising inflation may result them pulling back their outflow funds, implying we can't really rely on China neither.

I don't fully agree with all his views but nevertheless shared the similar future trend predictions. I may comment on his stock picks after I eat something ... hungry like a horse now ...


StorageCraft said...

The advise for stock selection seems to be working in my favor. I have been benefited a lot from it.

Michael Tsen said...

good for you :)

Anonymous said...

waiting for your comments patiently :)

Anonymous said...

None of my favorite stock pick by Jupiter. Hmmm too bad

Michael Tsen said...

comments @ no hassle if their picks are not yours, apparently Jupiter 'has to' choose some of the cold counters to stand out from the rest ... hence all those apparent blue chip choices are not mentioned at all.