OSK Top 10 Defensive Stocks Picks for Volatile Market



OSK still maintain year-end 1680-pt KLCI target. However, they note that there are increasing market volatility in the short term. Investors with a lower risk appetite and shorter investment horizon may want to focus on defensive and dividend yielding plays.

OSK  Top 10 Defensive Buys, which have dividend yields exceeding 4%, are from a broad range of sectors including Consumer, Healthcare, Media and Logistics.

OSK Top 10 Defensive Stocks Picks are,

Stock Business Dividend Yield Current Year (%) Forecasted PER (x) Last price (RM) Fair Value (RM)
Yi-Lai Manufacturing ceramic tiles 12.1 7.5 0.825 0.98
Aeon Credit Financing for motorcycles and white goods 9.2 6.6 3.8 4.35
DiGi.Com Mobile telecommunications services 7.6 16 27.46 27.9
Berjaya Sports Toto Number Forecast Operator 7.2 16.5 4.15 4.51
Amway Multi Level Marketing 6.9 15.9 8.5 11.05
Freight Management Logistics provider 6 6.4 1 1.4
Public Bank Financial Services 5.5 12.7 13.02 14.2
Pos Malaysia National Postage Services 5.2 12.9 3.18 4.12
Petronas Gas Processor and Transporter of Natural Gas 4.9 15.2 11.3 13.56
Media Chinese Chinese language publisher 4.7 12.7 1.14 1.65
KPJ Healthcare Private Hospital Services 4.2 15.4 3.84 4.62


Source : OSK Research


Leave a Comment