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We expect the market to rebound in February as fundamentals remain intact and the 4Q2010 results reporting season should see analysts upgrading their earnings again. We like the Banks, Oil & Gas and Consumption related sectors for February. Our Top Buys center on companies anticipated to display strong profitability (CIMB, AirAsia), laggards (KPJ) and rebounding stocks (Kencana, SP Setia).
The table below are the target price for February 2011 top picks.
| Stocks | Price (RM) | Target price (RM) | Market Cap (RM million) | Rating |
|---|---|---|---|---|
| CIMB Group | 8.38 | 9.77 | 62,286.7 | Buy |
| AirAsia | 2.75 | 3.78 | 7,627.4 | Buy |
| SP Setia | 6.42 | 7.23 | 6,812.6 | Buy |
| Kencana | 2.57 | 3.05 | 4,710.8 | Buy |
| KPJ Healthcare | 3.76 | 4.62 | 2,119.2 | Buy |
Source : OSK Research
Related posts:
- OSK Top 5 Stock Picks for February 2012
- OSK Top 5 Stock Picks for March 2011
- Stock Picks – 2011 Outlook & Small / Big Cap Top Picks
- OSK Small, Medium & Big Caps Stock Picks for 2H2011
- OSK Top 5 Stock Picks for May 2011
- Stock Picks – Oil & Gas Sector – January 2011
- Stock Picks – Plantation Sector – February 2011
- OSK Top 5 Stock Picks & November 2011 Outlook
- Stock Picks – December Outlooks & Top 5 Buys
- Stock Picks – Consumer Products Sector – February 2011