$ST Engineering(S63.SI)$ S63’s

S63’s pullback after hitting a new high could present a buying opportunity if the retracement reflects profit-taking rather than weakening fundamentals. Strong earnings growth, positive forward guidance, and sector strength would support a continuation of the rally. However, if the retrace signals fading momentum or macroeconomic headwinds, further downside could follow. Technical support levels and trading volume should be watched closely for confirmation. Catching the dip could pay off if the broader trend remains intact.

ST Engineering Rally: A Better Buy Than Other Blue-Chip Stocks?

Analysts were bullish on ST Engineering, hiking their target prices for the counter as they cited a positive outlook and strong growth prospects. It announced its five-year targets at its investor day. Recent surge brought its PE ratio to around 30, above those of other blue-chip counters such as UOB, DBS, OCBC and SIA, which had PE ratios in the range of 7.8 to 11.5, according to Yahoo Finance data. Its share price has been on a tear through the year. ---------- Is ST Engineering a good buy or not compared to other blue chip stocks? What's your target price for ST Engineering?

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Comments

Venus Reade
03-24
Venus Reade
Be patient! It’s a good opportunity to buy the dip
MortimerDodd
03-24
MortimerDodd
Thanks for the insights
PorterLamb
03-24
PorterLamb
Great analysis

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It announced its five-year targets at its investor day. \nRecent surge brought its PE ratio to around 30, above those of other blue-chip counters such as UOB, DBS, OCBC and SIA, which had PE ratios in the range of 7.8 to 11.5, according to Yahoo Finance data.\nIts share price has been on a tear through the year.\n----------\nIs ST Engineering a good buy or not compared to other blue chip stocks?\nWhat's your target price for ST Engineering?","image":"https://community-static.tradeup.com/news/5d1e4a65818e73afc2b1cd734677f90d"}],"images":[],"coverImages":[],"html":"<html><head></head><body> <a data-mention-id=\"S63.SI\" class=\"teditor-mention\" data-mention-name=\"ST Engineering\" href=\"https://ttm.financial/S/S63.SI\">$ST Engineering(S63.SI)$</a> <v-v data-views=\"1\"></v-v>S63’s pullback after hitting a new high could present a buying opportunity if the retracement reflects profit-taking rather than weakening fundamentals. Strong earnings growth, positive forward guidance, and sector strength would support a continuation of the rally. However, if the retrace signals fading momentum or macroeconomic headwinds, further downside could follow. Technical support levels and trading volume should be watched closely for confirmation. Catching the dip could pay off if the broader trend remains intact.</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"S63.SI\" class=\"teditor-mention\" data-mention-name=\"ST Engineering\" href=\"https://ttm.financial/S/S63.SI\">$ST Engineering(S63.SI)$</a> <v-v data-views=\"1\"></v-v>S63’s pullback after hitting a new high could present a buying opportunity if the retracement reflects profit-taking rather than weakening fundamentals. Strong earnings growth, positive forward guidance, and sector strength would support a continuation of the rally. However, if the retrace signals fading momentum or macroeconomic headwinds, further downside could follow. Technical support levels and trading volume should be watched closely for confirmation. Catching the dip could pay off if the broader trend remains intact.</body></html>","text":"$ST Engineering(S63.SI)$ S63’s pullback after hitting a new high could present a buying opportunity if the retracement reflects profit-taking rather than weakening fundamentals. Strong earnings growth, positive forward guidance, and sector strength would support a continuation of the rally. However, if the retrace signals fading momentum or macroeconomic headwinds, further downside could follow. Technical support levels and trading volume should be watched closely for confirmation. Catching the dip could pay off if the broader trend remains intact.","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/416846858784784","repostId":0,"isVote":1,"tweetType":1,"viewCount":1304,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["S63.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":478,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":416964278899032,"commentId":"416964278899032","gmtCreate":1742826622897,"gmtModify":1742826627852,"authorId":10000000000010992,"author":{"id":10000000000010992,"idStr":"10000000000010991","authorId":10000000000010992,"name":"Venus Reade","avatar":"https://static.tigerbbs.com/38b1d941a51e1a5f1ca29e3f8ce62213","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":416846858784784,"objectIdStr":"416846858784784","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Be patient! It’s a good opportunity to buy the dip","text":"Be patient! It’s a good opportunity to buy the dip","html":"Be patient! It’s a good opportunity to buy the dip","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":416899333284408,"commentId":"416899333284408","gmtCreate":1742800892542,"gmtModify":1742896323461,"authorId":9000000000000469,"author":{"id":9000000000000469,"idStr":"9000000000000469","authorId":9000000000000469,"name":"MortimerDodd","avatar":"https://static.tigerbbs.com/45889c069df88784e75b651f763a062a","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":416846858784784,"objectIdStr":"416846858784784","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for the insights","text":"Thanks for the insights","html":"Thanks for the insights","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":416900821041200,"commentId":"416900821041200","gmtCreate":1742800891606,"gmtModify":1742896323371,"authorId":9000000000000420,"author":{"id":9000000000000420,"idStr":"9000000000000420","authorId":9000000000000420,"name":"PorterLamb","avatar":"https://static.tigerbbs.com/bf65ca86aeb00567f8edf7489edd03ae","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":416846858784784,"objectIdStr":"416846858784784","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great analysis","text":"Great analysis","html":"Great analysis","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/416846858784784"}