For two years in a row now, the Edge newspaper has done remarkably well in its stock picks. Last year it averaged 17.9% against 14.5% on the STI. It has published its top 10 stock picks for this year, but has added a disclaimer: Making money in 2011 requires a high degree of risk-taking. On one hand, the US look sets to maintain its loose monetary policy, sending waves of liquidity rippling across the world. On the other, growth is decelerating, inflation is rising and stock valuations have been jacked up by a two-year rally. Therefore, tread with caution.
Nonetheless, the 10 stocks are: China Animal Healthcare, Hong Leong Asia, Lizhong Wheel, Noble, OUE, Raffles Medical, SC Global, SGX, Sino Grandness and UOB.
When to buy: On stock maket weakness/ corrections.
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