(ThinkMarkets) Nike Inc. reported a top and bottom line beat but the inventory build-up was a concern for investors. PepsiCo Inc reported a strong quarter as the company passed on pricing pressure to the consumer. Ford reported an in-line quarter with a slight surprise in revenue, management remains on course to transition to EV. Brunswick reported a mixed quarter as the company started to feel some of the cutbacks from consumers. Keurig Dr. Pepper reported a mixed quarter that was driven by growth from Beverages as restaurants reopened. The third quarter of 2022 earnings was the second quarter where we started to see the full effects of Federal Reserve interest rate hikes. The first earnings review covers our fund’s consumer sector positions in Nike Inc.(NKE), PepsiCo Inc. (PEP), Fo
Although many investors have been attracted by the liquidity and volatility of overseas markets, there are still good opportunities for value investors in the Singapore stock market today. Currently, there are 672 stocks listed on the Singapore exchange, a tad too many to look through. Hence, I limit the dataset to the Straits Times Index (STI) constituent stocks, then use theSGX Stock Screenerto filter for those witha Price-to-Book (PB) ratioof less than 1 which means that they are trading below their net asset value. As of 4th April 2022, here are: Source From: https://www.drwealth.com/undervalued-stocks/ 7 undervalued stocks in Singapore Stock Name Stock Ticker Price/Book Value Dividend Yield (%) Sector $KEPPEL CORPORATION LIMITED(BN4.SI)$