Analysts recommend accumulating laggard stocks, highlighting PTTEP, ITC, and CPF.
Asia Plus Securities recommends investment strategies during a quiet market with limited capital flow, anticipating speculative trading in laggard stocks with specific supporting factors. They provide a list of stocks linked to economic recovery and government policies.
On June 19, 2569, Asia Plus Securities recommended an investment strategy during a quiet market and limited capital flow. They anticipate that funds will shift back to speculative trading in laggard stocks that have underperformed the market and possess specific supporting factors, including:
- PTTEP Benefiting from renewed tensions between Russia and Ukraine.
- ITC Benefiting from reduced tariff pressure.
- CPF The company benefited from improved pork prices.
In addition, we recommend stocks that are tied to economic recovery and government policies, including:
- Banking group (KBANK, BBL, KTB, TTB)
- Construction and energy contractor group (CK, STECON, GPSC, GULF, CKP, WHAUP)
- Retail and consumer goods group (CPALL, BJC, OSP, ICHI, SAPPE)
Regarding domestic factors, S&P Global Ratings has affirmed Thailand's credit rating at BBB+ with a stable outlook, consistent with Moody's Baa1. S&P projects Thailand's economy to grow by 2.0% in 2569, supported by strong external factors (current account balance and foreign exchange reserves) and continued government policy, despite the challenge of a 3.2% fiscal deficit. Maintaining this rating will help preserve financing costs and attract foreign capital flows.
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