I will focus on financial and commodities stocks.
The financial have the potential with the raising interest rate. Beside the 3 local banks, I like Hong Leong finance which provides a good dividend.
For commodities, I like Bumitama Agri, Wilmar, which also give 3+% dividend. With the Ukraine war still ongoing, oilis still in demand.
Not forgetting the crude oil, which has been at persistent high price. Stock like Rex will benefit from these few year high demand.
For hedging against inflation, I still will look at Gold. Singapore gold stock miner like CNMC Goldmine.
Let's hope that the Fed could bring down the inflation rate without slipping into recession. With that possibility, good to invest cautiously, with the money you don't need to use in the next 3-5 years.
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