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[AEONCR-CA] Tips for Stocks Investor - Is there still time to Buy these rallying stocks?

While there have been questions after the Brexit on the state of the global economy and some investors are staying away from the Singapore stocks markets to assess the financial situation of the stocks markets and the world, without a doubt, Singapore stocks are still moving up though it might not be apparent from the STI. The point is that it depends on which Singapore stocks we are taking about.

Take for instance the three local telecoms stocks: Singtel, Starhub and M1. Their stocks have been rallying. Singtel traded at a low of $3.39, Starhub traded at a low of around $3.20 and M1 traded at a low of $2.26 before earlier for year 2016 but look at the price of these telecoms stocks now. I do not know about you but when it comes to telcom stocks, the impression of these stocks is that they are defensive and give good dividend yields.
However, should the Federal Reserves raise the interest rate hikes, there will be other alternative investments which offer interest rates on par or even better than those offered by the telecoms stocks and hence some market analysts believe investors will turn away from these telecoms stocks when the interest rate increases.

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