A couple of stocks have showed up on my radar that have done very well in recent weeks. They are BJFood, Texchem, OFI and Power Root Bhd. They are all in the Food and Beverages (F&B)or at least have an element of it like in Texchem's case (Sushi King Restaurants).
Year to date performance
1) BJFood UP 106%
2)Texchem UP 229%
3)OFI UP 8%
4)Power Root Bhd UP 14%
Have they gone up too much to buy?
I do not have the answer to this but I do know that I would prefer to buy laggards in this sector that have not moved as much so I can get a better Risk to Reward trade.
Which F&B stock is worth buying?
From the above list of stocks I only own BJFood but I am quite interested in increasing my exposure to the F&B sector. I shall share which stock I am currently looking to own in the next article.
Created by skoh888 | Jun 02, 2022
Created by skoh888 | May 29, 2022