Three key investment themes in line with the economic recovery this year should pump stocks related to the vaccine rollout, GDP growth and high-dividend equities, says a brokerage.
Hemp-related businesses also pose an attractive investment opportunity, offering the potential for huge returns, according to Maybank Kim Eng Securities research.
The brokerage is keen on at least three industries — petrochemicals, automotive and containers — recovering, starting from the fourth quarter of 2020 and continuing to grow until 2022.
Petrochemicals spiked 182% quarter-on-quarter (QoQ) and 957% year-on-year (YoY) in the fourth quarter of 2020, while automotive rose 29% QoQ and 237% YoY, and containers increased 24% QoQ and 42% YoY.
Other sectors picked to maintain recovery are energy, media, electronics and banks, said the research.
Stock picks for the group include PTT…
