5 Singapore Stocks Warren Buffett Will Feel Comfortable Buying
Buffett is well-known for his love of companies with strong competitive moats that can take them safely through good times and bad.
The veteran investor is also famous for his love of dividends as many stocks within his portfolio, such as Coca-Cola $Coca-Cola (KO.US)$ and Procter & Gamble $Procter & Gamble (PG.US)$ , churn out steady, consistent dividends.
If Buffett were to invest in Singapore’s stock market, he should also look out for similar characteristics. ![]()
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Here are five Singapore stocks that he will probably feel comfortable investing in.
United Overseas Bank, or UOB, is Singapore’s third-largest bank by market capitalisation.
The bank provides a comprehensive range of banking services to individuals and corporations.
UOB reported a sparkling set of earnings for 2022 with net profit touching a new record of S$4.6 billion.
The lender also paid out a total dividend of S$1.35 for 2022, higher than the S$1.30 it paid out before the pandemic broke out.
There are solid catalysts that should enable UOB to continue this track record.
With interest rates poised to remain high, the bank should see its net interest margin slowly head up, thereby benefitting its net interest income.
UOB also acquired $Citigroup (C.US)$ ’s consumer banking division in four countries back in January last year.
Completion was announced for two of these countries, Malaysia and Thailand, back in November 2022, and these two regions should contribute positively to the bank for this year.
You can now click on the other three company names to see their introductions: ![]()
If you have any other opinions, please leave a comment. ![]()
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monthly : surprisingly to see st technology at 40%
ZnWC : Perhaps Warren Buffett is also interested in value stocks like $DBS Group Holdings (D05.SG)$ and $SIA (C6L.SG)$
151331253 : Warren buffet wouldn’t touch these simply down to the fact they don’t have enough of a moat and the singapore market just isn’t that big when in contrast to larger better options in play. Hence why he’s focused on the soga shosha in japan instead.
BullnBearTrading OP ZnWC : agree![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
BullnBearTrading OP 151331253 : I saw this post, which may explain why he bought in Japan.
https://www.moomoo.com/hans/community/feed/110190419771397?global_content=%7B%22promote_id%22%3A13764%2C%22sub_promote_id%22%3A14%7D
whqqq 151331253 : In addition to the moat and other factors mentioned in the article as reasons for his possible purchase of Singapore, I think he will conduct more investigations before making a decision. These reasons are only one of the significant determining factors that he may purchase.