ASPS opens 20 best stocks in 7 sectors that depend on domestic consumption. The income trend is improving according to the Thai economy. Along with certain supporting factors, gradual investment is recommended.
The Research Department, Asia Plus Securities (ASPS) reveals through analysis that If considering the position of the Thai economy The Office of Foreign Economic Affairs has a positive opinion on the Thai economy, with the IMF and Worldbank predicting GDP growth for the year next in Thailand at 3.7% YoY (assessed around October 22) and 4.3% YoY (assessed around June 22). ), respectively, which recovered more clearly than developed countries such as the United States and Europe.
Therefore, the investment strategy focuses mainly on stocks with income based on domestic economic recovery (Domestic Consumption) + there are supporting factors from now on, with 7 industries: real estate, retail, banking, construction contractors, ICT , hire advertising media- buy as follows
| Sector | supporting factor | Top choice | % Return YTD |
| hire purchase | Downward pressure on interest rate rises | ASK MTC | -19.90% |
| Loan trends are improving according to the economy. | |||
| advertising media | Ad spend is starting to return to normal. | BEC PLAN | -19.60% |
| world cup stream | |||
| ICT | The share price should respond to the cancellation issue. | DTAC ADVANCE | -17.40% |
| Tender level one already. | |||
| building contractor | The labor shortage problem has been solved. | PYLONS CK STEC TTCL | -10.60% |
| bank | NII forecast to recover following GDP recovery | TISCO BBL KTB | -8.10% |
| next year | |||
| retail | Strong Q4 earnings, expect stimulus packages | COM7 CRC CPALL | -0.90% |
| from the government | |||
| real estate | Q4 earnings are still outstanding. | AP LH SC SIRI | 8.60% |
| SET index | -2.00% |
source: ASPS
As for today’s investment strategy, pick stocks from the top Domestic Consumption group like MTC, which has a rising credit trend. In addition to the deep base correction and COM7 CRC which is expected to benefit from government measures to enter the cabinet next week, and as a target stock, foreign flows are the best choices at the moment.
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