UOB sitting at an all-time high, up about 17% year to date and it beat estimates last quarter. the whole STI bank trade has been the quiet winner while everyone stares at US chips. i've held since the 30s and it's been a boring compounder. the only question now is whether it keeps running, and that hinges on US rates into year end. holding, not adding at ATH.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
