💰Weekly Dividend Play: C6L, S59, S63 Airline Stocks on the Rise
US stocks $.SPX(.SPX)$ notch another gain and new record on narrow rally.
Making holiday plans? SGX's $STI.SI(STI.SI)$ airline stocks prove decent dividends to shareholders.
Stay tuned and supercharge purchasing power with CashBoost!
1. Tuesday Market recap
The $.SPX(.SPX)$ eked out another closing record and the $NASDAQ 100(NDX)$ rose 0.3%, with $Palantir Technologies Inc.(PLTR)$ being the best-performing S&P 500 stock, gaining 6.9% after enhancing its ability to sell cloud services to the US government.
On the late night of December 3, South Korea declared a state of emergency, coupled with dovish remarks from Federal Reserve officials, leading to a slight rebound in gold prices. However, strong employment data limited the extent of the gain $Gold - main 2502(GCmain)$ in gold prices.
2. This Week’s Dividend Play: Airlines (as of 4th Dec. 2024)
The 1987 film "Wall Street," a classic business drama from 37 years ago, is considered a must-watch for students at Harvard Business School.
This film, which portrays the world of stock trading on Wall Street, is inspired by various characters and stories from the 1980s. However, the most pivotal storyline revolves around the takeover battle for Blue Star Airlines, which is based on the real-life hostile takeover of Trans World Airlines by American corporate raider Carl Icahn.
In reality, airline stocks are also gaining significant attention from the market.
Policy Support and Industry Consolidation: Many governments around the world view the airline industry as a strategic sector and have introduced a series of supportive policies, including route subsidies and investments in airport infrastructure. Additionally, ongoing mergers and acquisitions within the industry are allowing large airlines to expand their scale and enhance their market competitiveness, making investments in airline stocks even more appealing.
Opportunities for Cyclical Recovery: The airline industry is notably cyclical, heavily influenced by macroeconomic conditions and unforeseen events. During periods of economic recovery, airline stocks often experience rapid growth in performance, offering investors substantial returns.
Brand Value and Customer Loyalty: Renowned airlines have built a loyal customer base through exceptional service and a strong brand image. This loyalty not only provides airlines with a stable revenue stream but also alleviates competitive pressures in the market, enhancing the investment value of related airline stocks.
3. SGX Dividend Plays: $SIA(C6L.SI)$,$SIA Engineering(S59.SI)$ ,$ST Engineering(S63.SI)$
Singapore Airlines (C6L), SIA Engineering (S59), and Singapore Technologies Engineering (S63) are key representatives of the aviation sector in Singapore and are highly regarded in the Singapore stock market.
Company | |||
Sector | Transportation | Aerospace & Defense | Aerospace & Defense |
Dividend Yield (TTM) | 7.58% | 3.32% | 3.49% |
52 Week High (SGD) | 7.264 | 2.469 | 4.768 |
52 Week Low (SGD) | 5.768 | 2.162 | 3.526 |
Market Cap (SGD) | 18.82B | 2.70B | 14.30B |
As Singapore's flagship airline, $SIA(C6L.SI)$ is renowned for its outstanding service and extensive route network. It plays a significant role not only in passenger transport but also excels in cargo operations. Singapore Airlines is committed to providing a high-quality flying experience, continually updating its fleet and incorporating advanced technologies and facilities to meet the growing demands of its passengers.
$SIA Engineering(S59.SI)$ focuses on aircraft maintenance, repair, and modification services. With a team of skilled technicians and state-of-the-art equipment, SIA Engineering provides reliable technical support to Singapore Airlines as well as other international carriers, ensuring the safe operation and optimal performance of aircraft.
$ST Engineering(S63.SI)$ is a comprehensive technology and engineering company with a wide array of operations in the aerospace sector. Its business encompasses the manufacturing of aircraft components, the development of avionic systems, and the provision of aerospace engineering solutions.
4. Investings Tips: Plan to improve your investment skill
Imagine you have made up your mind to do some research or read some material to improve your investment skill. You start off to plan the day in your head basically so-called time table which boost your mood.
A strict research/trading plan can be beneficial; however, excessive preparation beforehand can easily trigger anxiety, hindering the execution of the plan.
A trader should be mindful of avoiding the following factors:
>Overthinking
>Fear of failure
>Insecurity
>Mindless scrolling
>Gossiping
>Procastination
If you struggle with starting things again, or feel overwhelmed by the uncertainty of a new beginning, here are mindful steps to cope with it: 1. Reflect on your journey, 2. Release to make space, and 3. Set your intentions. Clarity and direction often come not from standing still, waiting for the perfect plan, but from the act of moving forward.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.