💰Dividend Picks | Singtel, StarHub & Pacific Century are Key Players in SGX Telecom Sector

• Quantum computing breakthrough makes $Alphabet(GOOG)$ the best-performing Magnificent 7 stock.

• Beofre the Santa Rally, SGX $STI.SI(STI.SI)$ 's telecom stocks can provide handsome dividends to safeguard your portfolio.

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• 💰Weekly Dividend Play: C6L, S59, S63 Airline Stocks on the Rise

• 💰3 Real Estate Dividend Picks to Exercise Barbell Strategy: 9CI,H78,TQ5

• 💰3 Consumer Stocks to Embrace S'pore Everyday Life: F34, Y92 & OV8

Market recap

On Tuesday, following a decline in the previous trading day, the major US stock indices slipped again, while big tech stocks out-performed the rest.

• Big Techs: $Tesla Motors(TSLA)$ surged 2.87%, reaching a three-year high, while $Meta Platforms, Inc.(META)$ gained over 0.9%, edging closer to historical peaks alongside Google. Apple also rose more than 0.4%, continuing to set new closing records.

• Bigger steps: $Alphabet(GOOG)$ unveiled its next-generation quantum computing chip, Willow, creating a significant stir in the global tech community, and its stock soared by 5.6%. Willow is touted for its exceptional error correction capabilities, overcoming a critical challenge that has persisted in the field for nearly three decades. On X, Elon Musk expressed 'wow', and Sam Altman sent 'big congrats', leading to a substantial increase in Google's stock price, which recorded its largest single-day gain since April.

• Divergence: While virtual assets weakened, $Gold - main 2502(GCmain)$ prices rose. $Bitcoin(BTC.USD.CC)$ dropped below $95,000, declining 0.68% during the day. Willow's computational capabilities may pose a significant downside risk to the encryption algorithms that underpin cryptocurrencies. On Tuesday, major shareholders of $Microsoft(MSFT)$ opposed the company's Bitcoin investment proposal. In the gold market, rising geopolitical risk aversion, coupled with market expectations for a rate cut from the Federal Reserve next week, pushed New York futures gold up about 1.3%, reclaiming $2,720, with spot gold rising over 1%.

Navigating Downturns: Anchor Stocks

In the realm of stock investing, anchor stocks represent high-quality shares characterized by stable performance, robust strength, and a solid reputation. These stocks typically emerge from mature industries, boasting consistent cash flow and profitability. During market fluctuations, they tend to maintain a relatively stable performance, providing a strong foundation for investors' portfolios.

The advantages of holding anchor stocks are clear. First and foremost, they help to mitigate the overall risk of an investment portfolio. When the market faces a downturn, anchor stocks often exhibit resilience, minimizing investors' losses. Additionally, anchor stocks frequently offer regular dividends, delivering a reliable stream of cash flow to investors.

In times of uncertainty, these anchor stocks serve as a safety net, allowing investors to weather the storm with greater confidence. Whether you're a seasoned investor or just starting out, incorporating anchor stocks into your strategy can enhance your financial stability and peace of mind.

Dividend Plays: Telecom Sector

Singapore's telecommunications companies benefit from a stable revenue base derived from subscriptions to mobile, broadband, and other essential communication services. This consistent income stream ensures financial stability, making these stocks less susceptible to market fluctuations.

SGX Dividend Play - Telecom (Data as of 11th Dec. 2024)

$Singtel(Z74.SI)$ , $StarHub(CC3.SI)$ , and $Pacific Century(P15.SI)$ are significant representatives of Singapore's telecommunications sector, attracting considerable attention in the local stock market.

• $Singtel(Z74.SI)$, established in 1879, is not only Singapore's largest telecommunications service provider but also a global enterprise operating in 25 countries with 400 million subscribers. As a leading telecom operator in Singapore, Singtel boasts extensive network coverage and high-quality services, maintaining a vital position in the market. Its strong market presence and commitment to innovation have made Singtel an attractive choice for investors, often serving as an anchor stock in various portfolios.

• $StarHub(CC3.SI)$, operates Singapore's fastest two-way HSPA+ mobile network, offering ultra-high-speed broadband services and advanced multimedia value-added services to both households and businesses. The company is focused on developing next-generation broadband networks and enhancing its 5G concept network services and enterprise solutions.

• $Pacific Century(P15.SI)$, founded by Li Ka-shing's son, Richard Li, is a holding company with its subsidiary, Pacific Century Regional Developments Ltd., listed in Singapore. The company excels in telecommunications infrastructure construction and technology research and development, providing strong support for the growth of Singapore's telecom industry. With a focus on innovation and sustainability, it is dedicated to driving technological advancements and industry upgrades in the telecommunications sector.

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