Singapore Technologies Engineering Is A Great Stock to Hold Long Term

koolgal
06-27

🌟🌟🌟$ST Engineering(S63.SI)$  is on an upward trend this week on news that it is investing SGD 120 million over the next 3 years in a new data centre with high security and energy efficiency standards.

ST Engineering is up 3.3% on Thursday and in the past 5 days, it has risen 7.7%.  ST Engineering is now up 11.3% year todate.  In 2023, it has jumped by 18.9%.

ST Engineering is a Singapore multinational technology and engineering group in the aerospace, smart city as well as defence and public security sectors.  Its parent organisation is Temasek Holdings. 

Analysts are bullish on ST Engineering with an average Target price of SGD 4.70, an upside potential of 9%.

ST Engineering is a slow and steady kind of stock.  The current dividend yield is 3.7%.

I am a long term investor of St Engineering and believe this is one of the best Singapore stocks to invest in.  

Go Long Go Strong Go ST Engineering!

@Daily_Discussion  @TigerStars  @MillionaireTiger  @Tiger_comments  @Tiger_SG  @CaptainTiger  

Modified in.06-27
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